2016-10-24T10:14:42-05:00 2015-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2015-01-01 392010184 MIDWEST AFFORDABLE HOUSING CORP c/o PHILIP J SCHULTZ MIDW 4145882221 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 philip j schultz PRESIDENT 4145882221 2016-10-24 1 Douglas Berry P00540951 6088318181 2016-10-21 2015 2017-02-10 21:41:12Z PHILIP J SCHULTZ 1560 EAST BLACKTHORNE PLACE whitefish bay WI 53211 4124826 0 X N/A X 2000 WI THE MISSION OF MIDWEST AFFORDABLE HOUSING CORPORATION IS TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH RESPECT FOR THE RESIDENTS TO BE SERVED. 3 3 0 0 0 0 0 2816628 1163243 1080289 43610 -8771 0 0 1206853 3888146 0 0 0 0 0 0 0 0 0 1178663 1000397 1178663 1000397 28190 2887749 7415625 10142808 5713245 5180679 1702380 4962129 X THE MISSION OF MIDWEST AFFORDABLE HOUSING CORPORATION IS TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH RESPECT FOR THE RESIDENTS TO BE SERVED. 0 1 559876 644395 OPERATION OF A 61-UNIT ELDERLY HOUSING APARTMENT COMPLEX(GREENTREE GLEN APARTMENTS) IN MADISON, WISCONSIN. 20% OFTHE APARTMENT UNITS HAVE BEEN SET ASIDE FOR TENANTS WHOSEINCOME IS AT OR BELOW 50% OF COUNTY MEDIAN INCOME, ADJUSTEDFOR FAMILY SIZE, FOR DANE COUNTY, WISCONSIN. THE COMPLEX ISOWNED BY GREENTREE GLEN, LLC, A WHOLLY-OWNED SUBSIDIARY. 29013 16924 OPERATION OF A 16-UNIT RENTAL COMPLEX (THE WOODLANDS) INMILWAUKEE, WISCONSIN WHICH PROVIDES AFFORDABLE HOUSING TOLOW-INCOME HOUSEHOLDS. THE COMPLEX IS OWNED BY MAHC WOODLANDS,LLC, A WHOLLY-OWNED SUBSIDIARY. THE PROPERTY WAS SOLD ON FEBRUARY 20, 2015. 387549 423868 OPERATION OF A 60-UNIT affordable HOUSING APARTMENT COMPLEX(GLENWOOD APARTMENTS) IN KENOSHA, WISCONSIN. IT IS AN INDEPENDENTLIVING COMMUNITY FOR SENIORS. 100% OF THE APARTMENT UNITS HAVEBEEN SET ASIDE FOR TENANTS WHOSE INCOME IS AT OR BELOW 30%, 50% OR60% OF COUNTY MEDIAN INCOME, ADJUSTED FOR FAMILY SIZE, FOR KENOSHACOUNTY, WISCONSIN. 15637 -4898 OTHER PROGRAM SERVICES 15637 -4898 992075 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 1 0 WI X PHILIP J SCHULTZ 4145882221 3900 S PRAIRIE HILL LANE GREENFIELD WI 53228 X PHILIP J SCHULTZ PRESIDENT 3.00 X X 0 0 0 JOHN MCCARTY VICE PRESIDENT 0.50 X X 0 0 0 ROBERT J CISEK SECRETARY/TREASURER 0.50 X X 0 0 0 0 0 0 0 0 0 0 0 2816628 2816628 RENTAL INCOME 531110 1052552 1052552 MISC INCOME FROM TENAN 531110 33635 33635 LOSS FROM INVESTMENT I 531390 -2 -2 LOSS FROM INVESTMENT I 531390 -9 -9 LOSS FROM INVESTMENT I 531390 -127 -127 -5760 -5760 1080289 37909 37909 190000 236680 -46680 -46680 -46680 3888146 1080289 0 -8771 61411 61411 2053 2053 20481 12590 7891 12058 12058 13762 13762 3378 3378 552086 552086 1529 1529 218406 218406 12043 12043 PAYROLL REIMBURSEMENTS 59242 59242 STAFF RENT CREDIT 15390 15390 ADMINISTRATIVE EXPENSES 7994 7563 431 BAD DEBT EXPENSE 7353 7353 13211 13211 1000397 992075 8322 0 296369 417264 32902 32937 62202 2451661 703740 1343140 17068 21066 7933698 2786054 5550990 5147644 -2342 -8240 127699 115957 626997 621379 7415625 10142808 194798 187103 18602 28071 5084278 4713173 415567 252332 5713245 5180679 X 1702380 4962129 1702380 4962129 7415625 10142808 2887749 372000 0 X 1 X 0 0 0 X 3000 123999 2816628 2943627 703122 1040342 1151112 1163243 1080289 5138108 706122 1164341 1151112 1163243 3896917 8081735 0 123732 3828 39 1313 128912 123732 3828 39 1313 128912 7952823 41990 42917 44037 43610 37909 210463 41990 42917 44037 43610 37909 210463 748112 1207258 1195149 1206853 3934826 8292198 0.95910 0.89670 0.02540 0.04350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 693273 693273 6549749 2382833 4166916 690676 403221 287455 5147644 TENANTS' SECURITY DEPOSITS 62546 RESERVE FOR REPLACEMENTS 377283 MORTGAGE ESCROW DEPOSITS 59861 INTEREST RECEIVABLE 121689 621379 TENANTS' SECURITY DEPOSITS 52832 ADVANCES FROM HORIZON DVLPMNT 199500 252332 Form 990, Part III, line 3 THE WOODLANDS PROPERTY WAS SOLD ON FEBRUARY 20, 2015 AND MAHC WOODLANDS, LLC WAS SUBSEQUENTLY DISSOLVED ON AUGUST 5, 2015. Form 990, Part VI, Section A, line 8b THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11 THE COPY OF THE DRAFT FORM 990 IS PROVIDED TO EACH DIRECTOR ON THE BOARD FOR THEIR REVIEW AND COMMENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c THE PRESIDENT OF THE BOARD OF DIRECTORS IS INVOLVED WITH PROPOSED OR ONGOING TRANSACTIONS AND MONTIORS ANY POTENTIAL CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT FORM TO IDENTIFY ANY CONFLICTS OF INTEREST. ANY BOARD MEMBERS WITH A CONFLICT OF INTEREST IN A PROPOSED TRANSACTION MUST ABSTAIN FROM VOTING ON THE TRANSACTION. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST GREENTREE GLEN LLC 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 392010184 ELDERLY HSG WI 644491 3788961 MAHC KENOSHA SENIORS LIMITED PARTNERSHIP 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 391801541 ELDERLY HSG WI 426921 2351019 MAHC KENOSHA SENIORS GP LLC 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 392010184 REAL ESTATE WI 0 0 MAHC MAHC WOODLANDS LLC 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 392010184 low-inc hsg WI 99635 0 MAHC MAHC PARKVIEW LLC 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 392010184 real estate WI 0 100 MAHC MAHC LAYTON SQUARE LLC 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 810919761 REAL ESTATE WI 0 0 MAHC TG MANAGING MEMBER LLC 3900 S PRAIRIE HILL LANE GREENFIELD WI 53228 331176767 REAL ESTATE WI MAHC RELATED 7240 422658 0 1 0.51000 HORIZON SENIOR HOUSING XVII LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53718 201256458 REAL ESTATE WI MAHC RELATED -2 1909 0 0 0.51000 PARKVIEW INDEPENDENT MANAGEMENT III LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53718 264237980 REAL ESTATE WI MAHC RELATED 51 0 0 0.51000 PG MANAGEMENT II LLC 2677 ORRINGTON AVENUE EVANSTON IL 60201 261729404 REAL ESTATE WI MAHC RELATED 0 0 0.51000 CALEDONIA MANAGEMENT III LLC 2677 ORRINGTON AVENUE EVANSTON IL 60201 470955645 REAL ESTATE WI MAHC RELATED 0 0 0.51000 HORIZON SENIOR HOUSING XXX LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53718 475676428 REAL ESTATE WI MAHC RELATED 0 1 0.51000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990 SCHEDULE R PART 1 MAHC WOODLANDS, LLC WAS DISSOLVED ON AUGUST 5, 2015.