2014-08-15T22:42:51-05:00 2013-12-31 390912608 HAWKINS ASH CPAS LLP 500 S SECOND STREET SUITE 200 LA CROSSE WI 54601 990 2013-01-01 392035274 COULEE HOUSING DEVELOPMENT CORPORATION COUL 6086343104 201 MELBY STREET WESTBY WI 546671013 GRACE JONES TREASURER 6086343104 2014-08-15 1 ABE LEIS P00730777 6087847737 2013 2015-11-30 17:44:51Z GRACE JONES 201 MELBY STREET WESTBY WI 546671013 155298 0 X WWW.COULEEHOMES.ORG X 2001 WI PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS 4 4 0 0 0 0 24969 0 300609 154815 163 483 2735 0 328476 155298 0 0 0 0 0 0 0 0 0 384513 203565 384513 203565 -56037 -48267 2488783 2849270 2488560 2897314 223 -48044 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS 0 0 63942 75553 COULEE HOUSING DEVELOPMENT CORPORATION HAS PARTNERED WITH COULEECAP, INC. AND THE LA CROSSE COUNTY HOUSING AUTHORITY TO PROVIDE TEN UNITS OF AFFORDABLE HOUSING TO LOW AND MODERATE INCOME SENIOR CITIZENS. 112401 65882 CROOKED RIVER TOWNHOUSES-COULEE HOUSING DEVELOPMENT CORPORATION HAS PARTNERED WITH COULEECAP,INC. TO PROVIDE TEN UNITS OF AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES. 10116 13380 OPERATION OF LAND TRUST AND LOAN POOL FOR THE USE IN OBTAINING LAND AND PURCHASING DISTRESSED COMMUNITY PROPERTIES TO PROVIDE HOUSING OPPORTUNITIES TO LOW-INCOME INDIVIDUALS. 186459 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X COULEECAP INC 6086343104 201 MELBY STREET WESTBY WI 546671013 JOHN YOUNG CHAIRMAN 0.50 X X 0 0 0 BILL RUDY VICE CHAIRMAN 0.50 X X 0 0 0 CELESTA LEIS SECRETARY 0.50 X X 0 0 0 GRACE JONES TREASURER 0.50 X X 0 120467 37579 0 120467 37579 0 0 1 0 0 RENTAL INCOME 531110 151815 151815 GROUND LEASE FEES 531110 3000 3000 154815 483 483 155298 154815 0 483 38722 22618 16104 510 510 11356 11356 534 534 630 554 76 531 531 22801 22385 416 1029 1029 21177 21177 56087 56087 8929 8929 REPAIRS & MAINTENANCE 18690 18690 TAXES 7732 7732 CONTRACT SERVICES 7421 7421 MISCELLANEOUS 5604 5604 1812 1812 203565 186459 17106 0 123694 161356 37785 61111 277 1092 41518 37519 1371 1961 2843928 257697 2284138 2586231 2488783 2849270 59108 84465 1899 2532 11171 11364 1602228 1626618 100000 100000 714154 1072335 2488560 2897314 X 223 -48044 223 -48044 2488783 2849270 -48267 0 X X 0 1 X 1 0 X 30249 5000 60098 24969 120316 140459 130702 140907 302109 154815 868992 170708 135702 201005 327078 154815 989308 0 0 0 989308 310 301 160 163 483 1417 310 301 160 163 483 1417 1219 10 250 1235 2714 172237 136013 201415 328476 155298 993439 0.99580 0.99520 0.00140 0.00160 X 0 1 X 1295937 1295937 1525208 247867 1277341 22783 9830 12953 2586231 NOTES PAYABLE TO RELATED THIRD PARTY 1072335 1072335 X PART IV, LINE 2B: TENANT SECURITY DEPOSITS - $11,364 PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATIONS AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE ORGANIZATIONS HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATIONS AND HAVE CONCLUDED THAT AS OF DECEMBER 31, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDIT BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE, IF INCURRED. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010 AND STATE EXAMINATIONS FOR YEARS BEFORE 2009. 0 0 0 0 0 0 0 0 0 GRACE JONES TREASURER 0 120467 0 0 0 0 0 11214 0 26365 0 158046 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED MANAGEMENT DUTIES OF THE WHISPERING PINES II HOUSING DEVELOPMENT TO LA CROSSE COUNTY HOUSING AUTHORITY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE COULEECAP MANAGEMENT STAFF. IT IS THEN EMAILED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD OF DIRECTORS COMPLETE A DISCLOSURE OF CONFLICT OF INTEREST AFFIDAVIT. NEW BOARD MEMBERS COMPLETE THE AFFADAVIT DURING ORIENTATION. COUNTINUING BOARD MEMBERS RECEIVE THE FORM EACH FEBRUARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. COULEECAP INC 201 MELBY STREET WESTBY WI 54667 391077614 FIGHTS POVERTY AND PROMOTES SELF-SUFFICIENCY FOR PEOPLE. WI 501(C)(3) LINE 7 N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 COULEECAP INC D 37519 COST COULEECAP INC E 1072335 COST COULEECAP INC P 65991 COST