2016-11-15T19:42:47-06:00 2015-12-31 920127098 ELGEE REHFELD MERTZ LLC 9309 GLACIER HWY STE B-200 JUNEAU AK 99801 990 2015-01-01 311698129 JUNEAU HOUSING TRUST INC JUNE 9075861901 PO BOX 32045 JUNEAU AK 99803 TAMARA ROWCROFT VICE PRESIDENT 9075861901 2016-11-11 1 ROBERT L REHFELD P00104959 9077893178 2016-11-11 2015 2017-02-10 21:41:12Z TAMARA ROWCROFT PO BOX 32045 JUNEAU AK 99803 40670 0 X WWW.JUNEAUHOUSINGTRUST.ORG X 1999 AK DEVELOP OPPORTUNITIES FOR AFFORDABLE HOMEOWNERSHIP IN JUNEAU. 6 6 0 0 0 0 0 1000 67811 39634 183 36 0 0 67994 40670 0 0 0 0 0 0 0 0 0 35273 51778 35273 51778 32721 -11108 793426 760470 21848 0 771578 760470 X THE PURPOSE OF THE CORPORATION SHALL BE, AS A COMMUNITY LAND TRUST, TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE-INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND THAT IS CONTROLLED BY THE RESIDENTS ON A LONG-TERM BASIS, TO PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING AND TO PROMOTE THE DEVELOPMENT, REHABILITATION, AND MAINTENANCE OF DECENT HOUSING FOR LOW-INCOME JUNEAU RESIDENTS. 0 0 48206 39634 THE JUNEAU HOUSING TRUST SETS THE RESALE PRICE OF ANY HOME IN THE COMMUNITY LAND TRUST, ENSURING IT'S AFFORDABILITY FOR EACH SUCCESSIVE HOME BUYER. UNDER ITS RESALE FORMULA, THE HOMEOWNER, WHEN THE HOME IS SOLD, RECEIVES ALL THE MONEY OR EQUITY THEY HAVE PAID OFF THE HOME MORTGAGE, PLUS 25% OF THE APPRECIATED VALUE OF THE HOME. PUT ANOTHER WAY, THE SELLER RECEIVES 25% OF THE DIFFERENCE IN APPRECIATION OF THE HOME. THERE WAS ONE RESALE IN 2015. 48206 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 AK X TAMARA ROWCROFT 9075861901 PO BOX 30245 JUNEAU AK 99803 X STEPHEN SORENSEN BOARD PRESIDENT 2.00 X X 0 0 0 TAMARA ROWCROFT BOARD VICE PRESIDENT 5.00 X X 0 0 0 MINERVA CARANDANG BOARD MEMBER 1.00 X 0 0 0 GERALD HALDERMAN BOARD MEMBER 1.00 X 0 0 0 CYNTHIA GLEASON BOARD MEMBER 1.00 X 0 0 0 MARY BERNADETTE BLANKENSHIP BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1000 1000 PROPERTY APPRECIATION 531390 26997 26997 PROPERTY MAINTENANCE F 531390 12637 12637 39634 36 36 40670 39634 0 36 2763 2763 786 786 796 773 23 PROPERTY MAINTENANCE/TA 26991 26991 PROGRAM COSTS 20442 20442 51778 48206 3572 0 171034 96993 544 385914 385914 277019 236478 277019 793426 760470 21848 21848 0 X 771578 760470 771578 760470 793426 760470 -11108 0 X 0 0 0 X 11528 45165 6947 1000 64640 7197 8730 8435 67811 39634 131807 18725 53895 15382 67811 40634 196447 0 0 0 196447 475 303 251 183 36 1248 475 303 251 183 36 1248 19200 54198 15633 67994 40670 197695 0.99370 0.99860 0.00630 0.00140 X 277019 277019 277019 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION PRESIDENT AND VICE PRESIDENT BOTH REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS. A COPY OF THE FILED 990 IS PROVIDED TO THE FULL BOARD AS WELL. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST.