TY 2015 Form 990PF

Part I	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	936,640
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	18,489	18,489	18,489
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...		0
8	Net short-term capital gain.........			0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		34,730,006	0	34,730,006
12	Total. Add lines 1 through 11........	35,685,135	18,489	34,748,495
	13	Compensation of officers, directors, trustees, etc.	0	0	0	0
14	Other employee salaries and wages......	208,649	0	0	208,649
15	Pension plans, employee benefits.......	27,630	0	0	27,630
16a	Legal fees (attach schedule).........		5,298	0	0	5,298
b	Accounting fees (attach schedule).......		14,503	0	0	14,503
c	Other professional fees (attach schedule)....		1,600	0	0	1,600
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		16,873	0	0	16,873
19	Depreciation (attach schedule) and depletion...		1,211	0	0
20	Occupancy..............	14,724	0	0	14,724
21	Travel, conferences, and meetings.......	14,537	0	0	14,537
22	Printing and publications..........
23	Other expenses (attach schedule).......		610,895	0	0	610,895
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	915,920	0	0	914,709
25	Contributions, gifts, grants paid.......	0			0
26	Total expenses and disbursements. Add lines 24 and 25	915,920	0	0	914,709
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	34,769,215
b	Net investment income (if negative, enter -0-)		18,489
c	Adjusted net income (if negative, enter -0-)...			34,748,495

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	470,321	319,142	319,142
	2	Savings and temporary cash investments.........	866,792	1,286,823	1,286,823
	3	Accounts receivable 134,957
		Less: allowance for doubtful accounts	119,957	134,957
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	142,578,786	176,403,793	315,664
	14	Land, buildings, and equipment: basis 14,056
		Less: accumulated depreciation (attach schedule) 11,206	4,061	2,850	2,850
	15	Other assets (describe )	11,294	683,093	683,093
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	144,051,211	178,830,658	2,607,572
	17	Accounts payable and accrued expenses..........	8,143	18,374
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	8,143	18,374
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	144,043,068	178,812,284
	30	Total net assets or fund balances (see instructions).....	144,043,068	178,812,284
	31	Total liabilities and net assets/fund balances (see instructions).	144,051,211	178,830,658

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2014	28,098,017	1,192,569	23.560915
2013	16,311,951	1,023,117	15.943388
2012	25,995,723	827,674	31.408167
2011	9,554,507	585,414	16.320940
2010	10,718,258	620,485	17.274000

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	185
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	185
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	185
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	185
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
AMY MCDERMOTT	President 1.00	0	0	0
23 NORTH GORE SAINT LOUIS,MO63119
JOANNA OWEN	VICE-PRESIDENT 1.00	0	0	0
23 NORTH GORE SAINT LOUIS,MO63119
Beth Bartolotta	Secretary 1.00	0	0	0
23 NORTH GORE SAINT LOUIS,MO63119
JOE CAVATO	TREASURER 1.00	0	0	0
23 NORTH GORE SAINT LOUIS,MO63119
ALICE DUARTE-FLETCHER	BOARD MEMBER 1.00	0	0	0
23 NORTH GORE SAINT LOUIS,MO63119
JERRY MEYER	BOARD MEMBER 1.00	0	0	0
23 NORTH GORE SAINT LOUIS,MO63119
Jessica Eiland	bOARD MEMBER 1.00	0	0	0
23 NORTH GORE sAINT LOUIS,ME63119

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	TENANT SERVICES, INCLUDING THE POWER UP PROGRAM, WHICH USES TECHNOLOGY AS A DIGITAL CONNECTOR TO GIVE RESIDENTS ACCESS TO INFORMATION AND EDUCATION.	915,920
2


3


4

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	INVESTMENTS IN AFFRODABLE HOUSING PARTNERSHIPS THROUGH 99.9% OWNED LLC, HORIZON ASSET MANAGEMENT.	34,730,006
2


All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7					0
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	10,718,258
b From 2011......	9,554,507
c From 2012......	25,995,723
d From 2013......	16,311,951
e From 2014......	28,100,098
fTotal of lines 3a through e........		90,680,537
4Qualifying distributions for 2015 from Part
XII, line 4: $ 35,644,715
a Applied to 2014, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2015 distributable amount.....					0
e Remaining amount distributed out of corpus		35,644,715
5 Excess distributions carryover applied to 2015.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		126,325,252
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		10,718,258
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		115,606,994
10 Analysis of line 9:
a Excess from 2011....	9,554,507
b Excess from 2012....	25,995,723
c Excess from 2013....	16,311,951
d Excess from 2014....	28,100,098
e Excess from 2015....	35,644,715

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2015	(b) 2014	(c) 2013	(d) 2012	(e) Total
	68,993	59,628	51,156	41,384	221,161
b 85% of line 2a .........	58,644	50,684	43,483	35,176	187,987
c Qualifying distributions from Part XII, line 4 for each year listed .....	35,644,715	28,098,098	16,311,951	25,995,723	106,050,487
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	35,644,715	28,098,098	16,311,951	25,995,723	106,050,487
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......				1,279,977	1,279,977
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	45,995	39,752	34,104	27,589	147,440
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	HHF RECIEVED FEES FOR PROVIDING SERVICES RELATED TO PRESERVATION OF AFFORDABLE HOUSING FOR THE ELDERLY AND DISABLED.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aMISSOURI CREDITS					34,730,006
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	18,489
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		18,489	34,730,006

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization Horizon Housing Foundation

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Historic Commons GP LLC 609 Wolf Trail Columbia, MO65201	$ 675,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	Horizon Asset Management LLC 23 North Gore Suite 202 St Louis, MO63119	$ 261,240	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

bApproved for future payment

Total ................................. 3b				0

Name of organization Horizon Housing Foundation		Employer identification number 74-2979359

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	Moberly Junior High School Historic building	$ 675,000	2015-12-29
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No.from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)


Name of organization Horizon Housing Foundation			Employer identification number 74-2979359
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ADDITIONAL GP INVESTMENTS	10,711	7,510	7,510
RENT DEPOSIT	583	583	583
MOBERLY HIGH PROPERTY	0	675,000	675,000

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
OFFICE EXPENSES	4,723	4,723
ANNUAL REPORT COSTS	4,016	4,016
Computer Expenses	4,212	4,212
TELEPHONE	6,594	6,594
BOARD INSURANCE EXPENSE	4,051	4,051
MEALS AND ENTERTAINMENT	7,741	7,741
MISCELLANEOUS	2,307	2,307
SOCIAL PROGRAM EXPENSES	311,855	311,855
Postage Expense	1,283	1,283
Charitable contributions	262,280	262,280
Dues and Subscriptions	75	75
Moberly High expenses	1,758	1,758

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