Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
RICHLAND AFFORDABLE HOUSING CORPORATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1032 6TH ST SW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SIDNEY, MT59270
A Employer identification number

81-0509083
B Telephone number (see instructions)

(406) 433-1978
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$3,513,151J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 341,439
2 Check right arrow.............
3 Interest on savings and temporary cash investments 6,264 6,264  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -7,686
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.........  
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)....... Click to see attachment
List of Attached Documents:
// Content
382,152 0 382,152
12 Total. Add lines 1 through 11........ 722,169 6,264 382,152
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,720 138 1,741 2,841
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
37,091 1,082 13,685 22,325
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
140,661 0 140,661
20 Occupancy.............. 319,156 0 121,291 197,865
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 6,355 0 2,415 3,940
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
275,485 5,044 102,359 168,082
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 783,468 6,264 382,152 395,053
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 783,468 6,264 382,152 395,053
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -61,299
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 96 95 95
2 Savings and temporary cash investments......... 165,309 149,016 149,016
3 Accounts receivable right arrow152,178
Less: allowance for doubtful accounts right arrow   144,954 152,178 152,178
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 5,189 6,443 6,443
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 right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 648,776 Click to see attachment
List of Attached Documents:
// Content
586,723 		586,723
14 Land, buildings, and equipment: basis right arrow5,359,169
Less: accumulated depreciation (attach schedule) right arrow2,750,942 2,718,923 Click to see attachment
List of Attached Documents:
// Content
2,608,227 		2,553,227
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
61,517 		Click to see attachment
List of Attached Documents:
// Content
65,469 		Click to see attachment
List of Attached Documents:
// Content
65,469
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,744,764 3,568,151 3,513,151
Liabilities 17 Accounts payable and accrued expenses.......... 233,008 245,399
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,044,641 914,922
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
19,189 		Click to see attachment
List of Attached Documents:
// Content
21,203
23 Total liabilities (add lines 17 through 22)......... 1,296,838 1,181,524
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,447,926 2,386,627
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,447,926 2,386,627
30 Total liabilities and net assets/fund balances (see instructions). 3,744,764 3,568,151
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,447,926
2
Enter amount from Part I, line 27a .....................
2
-61,299
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,386,627
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,386,627
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(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.)
1 a DISHWASHER P 2013-02-19 2023-12-31
b COMPUTER & MONITOR P 2013-04-10 2023-12-31
c WATER HEATER P 2014-04-15 2023-12-31
d MAYTAG P 2014-04-15 2023-12-31
e EQUIPMENT P 2001-04-01 2023-12-31
FURNITURE AND PHONE P 2005-07-01 2023-12-31
(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   950 950 0
b   616 616 0
c   2,378 9,840 -7,462
d   4,256 4,480 -224
e   8,075 8,075 0
  676 676 0
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(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       0
b       0
c       -7,462
d       -224
e       0
      0
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -7,686
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 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 0
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 0
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowMISSY SMIES Telephone no.right arrow (406) 433-1978

Located atright arrow1032 6TH ST SWSIDNEYMT ZIP+4right arrow59270
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(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
CHAD MOLDEN CHAIRMAN / DIRECTOR
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
DON GARSJO DIRECTOR / VICE CHAIRMAN
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
MARK MARTIN DIRECTOR
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
DEAN LANG DIRECTOR
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
LYNN COLE DIRECTOR
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
MISSY SMIES EXECUTIVE DIRECTOR
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
KRIS WELTIKOL DIRECTOR
0.50 		0 0 0
1032 6TH ST SW
SIDNEY,MT59270
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
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
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
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  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
775,012
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
775,012
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
775,012
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
11,625
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
763,387
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
38,169
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
38,169
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
38,169
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
38,169
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
38,169
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
395,053
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
395,053
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 38,169
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 393,187
b From 2019...... 388,084
c From 2020...... 346,414
d From 2021...... 380,552
e From 2022...... 397,466
f Total of lines 3a through e ........ 1,905,703
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 395,053
a Applied to 2022, 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 2023 distributable amount..... 38,169
e Remaining amount distributed out of corpus 356,884
5 Excess distributions carryover applied to 2023. 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 2,262,587
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		393,187
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,869,400
10 Analysis of line 9:
a Excess from 2019.... 388,084
b Excess from 2020.... 346,414
c Excess from 2021.... 380,552
d Excess from 2022.... 397,466
e Excess from 2023.... 356,884
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
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) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
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:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
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)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
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
aRENT REVENUE         335,985
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 6,264  
4 Dividends and interest from securities ....          
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 ............ 		    18 -7,686  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aLAUNDRY AND VENDING 		    03 3,608  
bMISCELLANEOUS REVENUE     03 2,082  
cMEAL SERVICE INCOME         39,007
dCABLE INCOME     03 1,470  
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 5,738 374,992
13Total. Add line 12, columns (b), (d), and (e)..................
13
380,730
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A THE ORGANIZATION OWNS AND OPERATES PROPERTY FOR LOW-INCOME PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT.
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
RICHLAND AFFORDABLE HOUSING CORPORATION
 
Employer identification number

81-0509083
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
RICHLAND AFFORDABLE HOUSING CORPORATION
  		Employer identification number
81-0509083
Part I
Contributors
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
US DEPT OF HOUSING & URBAN DEVELOPMENT
 
451 7TH STREET SW
 
WASHINGTON, DC20410

$ 336,439


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
MONTANA DEPT OF PUBLIC HEALTH & HUMAN SERVICES
 
PO BOX 4210
 
HELENA, MT59624

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
RICHLAND AFFORDABLE HOUSING CORPORATION
  		Employer identification number

81-0509083
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
 
$    
(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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
RICHLAND AFFORDABLE HOUSING CORPORATION
  		Employer identification number

81-0509083
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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 4,720 138 1,741 2,841

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TY 2023 AmortizationSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
DEFERRED LOAN FEES 2014-02-19 3,184 1,875 180.000000000000 212 0 212 2,087
LOAN COSTS 2015-09-02 13,376 6,539 180.000000000000 892 0 892 7,431

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TY 2023 DepreciationSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LAND 2001-04-01 55,000   L 0 % 0 0 0  
BUILDINGS 2001-04-01 2,426,692 1,316,986 ADS 40.000000000000 60,667 0 60,667  
EQUIPMENT 2001-04-01 51,751 51,751 ADS 12.000000000000 0 0 0  
BUILDING REHAB 2001-09-02 62,485 33,260 ADS 40.000000000000 1,562 0 1,562  
LAND IMPROVEMENTS 2001-09-02 15,695 15,695 ADS 20.000000000000 0 0 0  
EQUIPMENT REHAB 2001-09-02 115,106 115,106 ADS 12.000000000000 0 0 0  
ROOF 2002-03-01 103,290 53,689 ADS 40.000000000000 2,582 0 2,582  
ALARM PULL CORD SYSTEM 2002-05-15 8,382 4,322 ADS 40.000000000000 210 0 210  
AIR CONDITIONING UNITS 2002-08-20 8,260 4,207 ADS 40.000000000000 207 0 207  
HEATERS 2002-02-19 1,113 779 SL 5.000000000000 0 0 0  
UTILITY FOOT TRUCK & LID 2002-10-10 921 645 SL 5.000000000000 0 0 0  
CHAIR & END TABLES 2002-12-12 2,640 1,848 SL 5.000000000000 0 0 0  
CARPET 2002-11-01 6,258 4,381 SL 5.000000000000 0 0 0  
12 A/C UNITS 2003-07-01 8,936 4,347 ADS 40.000000000000 223 0 223  
REFRIGERATORS 2003-07-01 251 251 SL 5.000000000000 0 0 0  
SPRINKLER, CONCRETE BARRIERS, PAVING 2003-07-01 7,518 7,330 SL 20.000000000000 188 0 188  
OFFICE REMODEL 2003-07-01 9,418 4,581 ADS 40.000000000000 235 0 235  
ROOF DRAINS 2003-07-01 3,175 1,545 ADS 40.000000000000 79 0 79  
CARPET, PAINT 2003-07-01 5,828 5,828 SL 5.000000000000 0 0 0  
COVER PIPES 2003-07-01 981 981 SL 5.000000000000 0 0 0  
BUILDING ADDITION 2004-07-01 23,762 10,965 ADS 40.000000000000 594 0 594  
EQUIPMENT 2004-07-01 8,125 8,125 ADS 9.000000000000 0 0 0  
PARKING LOT 2004-07-01 102,792 95,083 SL 20.000000000000 5,140 0 5,140  
FURNITURE AND PHONE 2005-07-01 2,806 2,806 ADS 10.000000000000 0 0 0  
APPLIANCES 2006-07-01 3,018 3,018 ADS 9.000000000000 0 0 0  
EQUIPMENT 2006-07-01 1,557 1,557 ADS 9.000000000000 0 0 0  
APPLIANCES 2005-11-30 3,845 3,845 ADS 9.000000000000 0 0 0  
DOORS 2005-05-11 1,777 783 ADS 40.000000000000 44 0 44  
DOOR AND AC UNITS (ROOF) 2005-06-14 12,155 5,331 ADS 40.000000000000 304 0 304  
FENCE AND WINDOW UNIT 2005-07-15 2,100 917 ADS 40.000000000000 53 0 53  
AC UNITS 2005-09-13 4,038 1,746 ADS 40.000000000000 101 0 101  
APPLIANCES 2005-09-01 3,428 3,428 ADS 9.000000000000 0 0 0  
ELEVATOR REMODELING 2006-03-01 89,399 37,529 ADS 40.000000000000 2,235 0 2,235  
WINDOWS AND SIDING 2006-09-01 179,051 72,926 ADS 40.000000000000 4,476 0 4,476  
ELEVATOR REMOD 2005-12-31 27,449 11,694 ADS 40.000000000000 686 0 686  
POWER WASHER 2005-05-17 865 865 ADS 9.000000000000 0 0 0  
WINDOWS AND SIDING 2005-12-30 8,857 3,773 ADS 40.000000000000 221 0 221  
APPLIANCES 2006-12-01 1,694 1,694 ADS 9.000000000000 0 0 0  
EQUIPMENT 2006-12-31 2,141 2,141 ADS 9.000000000000 0 0 0  
TILE 2007-12-01 9,679 9,679 ADS 9.000000000000 0 0 0  
CABINETS 2007-12-14 8,052 8,052 ADS 9.000000000000 0 0 0  
SHELVING FOR STORE ROOM 2007-05-16 3,328 3,328 ADS 9.000000000000 0 0 0  
APPLIANCES 2007-07-01 3,860 3,860 ADS 9.000000000000 0 0 0  
WINDOWS & SIDING-FINAL 2007-07-01 73,434 28,379 ADS 40.000000000000 1,836 0 1,836  
LANDSCAPE BRICK WORK 2008-08-18 3,500 2,516 ADS 20.000000000000 175 0 175  
OUTDOOR LOGO SIGNAGE 2008-09-12 487 350 ADS 20.000000000000 24 0 24  
ELECTRICAL 2008-05-16 1,991 728 ADS 40.000000000000 50 0 50  
FURNACE AND AIR CONDITIONER 2008-10-17 8,150 2,895 ADS 40.000000000000 204 0 204  
DINING ROOM WALL 2008-12-23 2,844 998 ADS 40.000000000000 71 0 71  
CABINETS 2008-04-17 1,815 1,815 ADS 9.000000000000 0 0 0  
FLOORING 2008-12-11 10,593 10,593 ADS 9.000000000000 0 0 0  
WASHER, STEAMER, REVERSE OSMOSIS MACHINE 2008-04-17 649 649 ADS 9.000000000000 0 0 0  
WASHER 2008-06-11 1,010 1,010 ADS 9.000000000000 0 0 0  
FOOD PROCESSOR 2008-12-03 451 451 ADS 9.000000000000 0 0 0  
RANGES, REFRIGERATOR 2008-02-13 524 524 ADS 9.000000000000 0 0 0  
REFRIGERATOR 2018-11-20 477 219 ADS 9.000000000000 53 0 53  
REFRIGERATORS, FREEZER, TOASTER 2008-06-12 2,427 2,427 ADS 9.000000000000 0 0 0  
REFRIGERATOR, STOVE 2008-07-15 666 666 ADS 9.000000000000 0 0 0  
FREEZER 2008-10-17 425 425 ADS 9.000000000000 0 0 0  
COPIER 2008-12-01 3,495 3,495 ADS 6.000000000000 0 0 0  
LOBBY & DINING ROOM WINDOWS 2008-04-17 15,408 5,666 ADS 40.000000000000 385 0 385  
DOUBLE ENTRY DOOR 2008-09-12 2,823 1,008 ADS 40.000000000000 71 0 71  
EAST ENTRANCE REMODEL 2008-12-23 32,500 11,409 ADS 40.000000000000 813 0 813  
EAST CANOPY 2008-12-23 37,000 12,988 ADS 40.000000000000 925 0 925  
BATHROOM REMODEL 2009-07-27 477 161 ADS 40.000000000000 12 0 12  
ARCH REPAIR 2009-11-16 45,000 14,766 ADS 40.000000000000 1,125 0 1,125  
KITCHEN REMODEL 2009-12-14 3,578 1,167 ADS 40.000000000000 89 0 89  
CABINETS 2009-11-16 19,099 19,099 ADS 9.000000000000 0 0 0  
CARPET AND TILE 2009-12-14 15,443 15,443 ADS 9.000000000000 0 0 0  
TABLES AND PLATES 2009-02-10 1,723 1,723 ADS 9.000000000000 0 0 0  
TABLES 2009-03-17 2,296 2,296 ADS 9.000000000000 0 0 0  
WASHER & DRYERS 2009-04-21 2,584 2,584 ADS 9.000000000000 0 0 0  
POTS & PANS 2009-12-31 400 400 ADS 9.000000000000 0 0 0  
TV, DVD, WII FOR REC ROOM 2009-04-21 3,880 3,880 ADS 9.000000000000 0 0 0  
4 RANGES & 2 REFRIGERATORS 2009-04-30 1,028 1,028 ADS 9.000000000000 0 0 0  
ONE RANGE & ONE REFRIGERATORS 2009-09-14 733 733 ADS 9.000000000000 0 0 0  
COMPUTER HARD DRIVE 2009-06-15 498 498 ADS 5.000000000000 0 0 0  
RELOCATE 6" WATER LINE 2010-11-16 21,805 13,219 ADS 20.000000000000 1,090 0 1,090  
SHOWER 2010-04-08 367 117 ADS 40.000000000000 9 0 9  
ARCHITECT FEES - ENERGY & RESOURCE EFFICIENCY 2010-12-21 22,501 6,774 ADS 40.000000000000 563 0 563  
CABINETS 2010-02-11 4,846 4,846 ADS 9.000000000000 0 0 0  
CARPET & TILE 2010-04-08 4,987 4,987 ADS 9.000000000000 0 0 0  
FREEZER - MAIN KITCHEN 2010-10-15 599 599 ADS 9.000000000000 0 0 0  
RANGES 2010-02-16 319 319 ADS 9.000000000000 0 0 0  
RANGES & REFRIGERATORS 2010-05-13 2,009 2,009 ADS 9.000000000000 0 0 0  
TENANT FURNITURE 2010-11-15 1,490 1,490 ADS 9.000000000000 0 0 0  
OFFICE EQUIPMENT 2010-06-17 1,119 1,119 ADS 9.000000000000 0 0 0  
FORD PICKUP 2010-12-01 13,800 13,800 ADS 5.000000000000 0 0 0  
ARCHITECT FEES - ENERGY & RESOURCE EFFICIENCY 2011-04-14 806 236 ADS 40.000000000000 20 0 20  
SHOWER UPGRADES 2011-06-15 1,981 572 ADS 40.000000000000 50 0 50  
ENERGY UPGRADES 2011-09-16 113,444 32,024 ADS 40.000000000000 2,836 0 2,836  
BATHROOM UPGRADES 2011-12-15 4,861 1,342 ADS 40.000000000000 122 0 122  
ADA APARTMENT RENOVATION PROJECT 2011-12-19 29,719 8,204 ADS 40.000000000000 743 0 743  
DRINKING FOUNTAIN 2011-04-14 570 570 ADS 9.000000000000 0 0 0  
FLOORING 2011-10-14 3,150 883 ADS 40.000000000000 79 0 79  
FRONT LOAD WASHER 2011-05-17 967 967 ADS 9.000000000000 0 0 0  
APPLIANCES 2011-04-14 2,745 2,745 ADS 9.000000000000 0 0 0  
DINING ROOM CHAIRS 2011-09-16 4,500 4,500 ADS 9.000000000000 0 0 0  
APPLIANCES 2011-10-14 46 46 ADS 9.000000000000 0 0 0  
APPLIANCES 2011-12-20 784 784 ADS 9.000000000000 0 0 0  
WEST PARKING LOT PROJECT 2011-07-18 21,739 12,500 ADS 20.000000000000 1,087 0 1,087  
APARTMENT UPGRADES 2012-08-16 57,420 14,894 ADS 40.000000000000 1,435 0 1,435  
ADA APARTMENT RENOVATION 2012-03-16 909 245 ADS 40.000000000000 23 0 23  
BATHROOM UPGRADES 2012-04-12 801 214 ADS 40.000000000000 20 0 20  
CABINETS & COUNTERTOP PROJECT 2012-11-19 11,728 11,728 ADS 9.000000000000 0 0 0  
FLOORING 2012-12-17 16,185 16,185 ADS 9.000000000000 0 0 0  
FOOD PROCESSOR 2012-10-15 899 899 ADS 9.000000000000 0 0 0  
APPLIANCES 2012-08-31 3,527 3,527 ADS 9.000000000000 0 0 0  
STEP LADDERS 2012-05-17 434 434 ADS 9.000000000000 0 0 0  
OFFICE DESK 2012-11-19 640 640 ADS 10.000000000000 0 0 0  
TRASH CAN CEMENT PAD 2012-07-16 2,272 1,179 ADS 20.000000000000 114 0 114  
FLAG POLE/LIGHT PROJECT 2012-08-16 3,034 1,574 ADS 20.000000000000 152 0 152  
REHAB PROJECT 2013-11-19 14,308 3,264 ADS 40.000000000000 358 0 358  
SECURITY CAMERA SYSTEM 2013-04-15 14,032 14,032 ADS 9.000000000000 0 0 0  
FLOORING 2013-11-19 18,010 18,010 ADS 5.000000000000 0 0 0  
EMERGENCY EXIT DOOR PROJECT 2013-11-19 2,300 525 ADS 40.000000000000 58 0 58  
DOOR REPLACEMENTS - UNIT #111 2013-12-31 565 128 ADS 40.000000000000 14 0 14  
DISHWASHER 2013-02-19 950 938 ADS 10.000000000000 12 0 12  
2 MAYTAG COMMERCIAL WASHERS 2013-02-20 2,825 2,790 ADS 10.000000000000 35 0 35  
DINING ROOM FURNITURE 2013-08-20 2,493 2,338 ADS 10.000000000000 156 0 155  
REFRIGERATOR - UNIT 408 2013-03-01 421 346 ADS 12.000000000000 35 0 35  
RANGE - UNIT 311 2013-03-01 385 317 ADS 12.000000000000 32 0 32  
PATIO FURNITURE 2013-05-21 800 642 ADS 12.000000000000 67 0 67  
2 VACUUM CLEANERS 2013-06-07 559 559 ADS 5.000000000000 0 0 0  
OFFICE EQUIPMENT 2013-02-19 498 492 ADS 10.000000000000 6 0 6  
COMPUTER & MONITOR 2013-04-10 616 616 ADS 5.000000000000 0 0 0  
KONICA COPIER 2013-07-16 4,819 4,819 ADS 5.000000000000 0 0 0  
MANHOLE/SEWER LINE PROJECT 2013-12-01 26,165 11,938 ADS 20.000000000000 1,308 0 1,308  
HALLWAY UPGRADES 2014-06-16 15,064 3,217 ADS 40.000000000000 377 0 377  
CABINETS AND COUNTERTOPS 2014-03-17 11,589 11,428 ADS 9.000000000000 161 0 161  
WATER HEATER 2014-04-15 9,840 2,142 ADS 40.000000000000 236 0 236  
CABINETS AND COUNTERTOPS 2014-05-16 6,786 6,503 ADS 9.000000000000 283 0 283  
EXTERIOR LIGHTING 2014-10-21 659 268 ADS 20.000000000000 33 0 33  
ELECTRICAL UPGRADES 2014-07-14 3,837 811 ADS 40.000000000000 96 0 96  
FLOORING 2014-12-16 57,756 57,756 ADS 5.000000000000 0 0 0  
MAYTAG 2014-04-15 4,515 3,894 ADS 10.000000000000 452 0 452  
MAYTAG 2014-04-15 4,480 3,864 ADS 10.000000000000 392 0 392  
APPLIANCES 2014-02-14 1,581 1,169 ADS 12.000000000000 132 0 132  
LOBBY FURNITURE 2014-09-15 6,546 4,569 ADS 12.000000000000 546 0 546  
APPLIANCES 2014-12-31 708 479 ADS 12.000000000000 59 0 59  
CABINETS AND COUNTERTOPS 2014-07-14 973 905 ADS 9.000000000000 68 0 68  
WATER HEATER 2015-10-20 35,468 6,392 ADS 40.000000000000 887 0 887  
ELECTRICAL 2015-04-21 1,541 297 ADS 40.000000000000 39 0 39  
FLOORING 2015-05-19 3,265 3,265 ADS 5.000000000000 0 0 0  
FLOORING 2015-10-20 3,789 3,789 ADS 5.000000000000 0 0 0  
FLOORING 2015-12-15 4,033 4,033 ADS 5.000000000000 0 0 0  
KITCHEN CABINETS 2015-04-03 5,039 4,269 ADS 9.000000000000 560 0 560  
KITCHEN CABINETS 2015-10-20 2,887 2,286 ADS 9.000000000000 321 0 321  
REFRIGERATOR 2015-12-15 495 495 ADS 5.000000000000 0 0 0  
RANGES 2015-10-05 1,344 1,344 ADS 5.000000000000 0 0 0  
REFRIGERATOR 2015-01-31 1,324 1,324 ADS 5.000000000000 0 0 0  
DESK 2015-02-17 796 627 ADS 10.000000000000 80 0 80  
CABINETS 2016-04-18 1,482 1,091 ADS 9.000000000000 165 0 165  
CABINETS 2016-05-16 2,813 2,071 ADS 9.000000000000 313 0 313  
RANGE 2016-05-17 313 230 ADS 9.000000000000 35 0 35  
FLOORING 2016-09-20 16,009 11,340 ADS 9.000000000000 1,779 0 1,779  
REFRIGERATOR 2016-10-18 495 337 ADS 9.000000000000 55 0 55  
ENTRY WAY 2016-10-24 831,411 129,043 ADS 40.000000000000 20,785 0 20,785  
GUTTERS 2016-12-20 4,620 698 ADS 40.000000000000 116 0 116  
CHAIRS 2016-12-20 15,494 9,490 ADS 10.000000000000 1,549 0 1,549  
RANGE 2016-12-20 313 213 ADS 9.000000000000 35 0 35  
REFRIGERATOR 2017-04-27 495 309 ADS 9.000000000000 55 0 55  
CHAIRS 2017-02-21 2,146 1,261 ADS 10.000000000000 215 0 215  
FLOORING 2017-11-21 7,272 7,272 ADS 5.000000000000 0 0 0  
FLOORING 2018-10-16 6,000 2,750 ADS 9.000000000000 667 0 667  
KITCHEN CABINETS 2018-12-18 4,510 2,067 ADS 9.000000000000 501 0 501  
COMPRESSOR 2018-08-28 1,666 243 ADS 30.000000000000 56 0 56  
DOOR LOCKS 2018-12-18 2,466 332 ADS 30.000000000000 82 0 82  
GUTTER UPGRADES 2019-08-20 936 105 ADS 30.000000000000 31 0 31  
A/C COMPRESSOR 2019-08-20 1,475 166 ADS 30.000000000000 49 0 49  
DOOR LOCK 2019-06-18 7,071 835 ADS 30.000000000000 236 0 236  
FLOORING 2019-02-19 5,653 2,198 ADS 9.000000000000 628 0 628  
FLOORING 2019-04-16 8,928 3,472 ADS 9.000000000000 992 0 992  
FREEZER 2019-10-30 5,349 2,080 ADS 9.000000000000 594 0 594  
RANGE 2019-02-19 327 127 ADS 9.000000000000 36 0 36  
REFRIGERATOR 2019-06-18 477 186 ADS 9.000000000000 53 0 53  
SNOW BLOWER 2019-12-31 1,049 408 ADS 9.000000000000 117 0 117  
HVAC UNIT 2020-07-21 2,740 225 ADS 30.000000000000 91 0 91  
FLOOORING 2020-04-20 4,395 1,221 ADS 9.000000000000 488 0 488  
CARPET 2020-05-19 2,931 814 ADS 9.000000000000 326 0 326  
CARPET 2020-08-18 2,845 790 ADS 9.000000000000 316 0 316  
FLOORING 2020-11-17 4,493 1,248 ADS 9.000000000000 499 0 499  
WALK-IN-COOLER 2020-08-18 3,825 1,063 ADS 9.000000000000 425 0 425  
REFRIGERATOR 2020-02-28 477 133 ADS 9.000000000000 53 0 53  
RANGE 2020-02-28 327 91 ADS 9.000000000000 36 0 36  
REFRIGERATOR 2020-09-15 485 135 ADS 9.000000000000 54 0 54  
DOOR REPLACEMENT 2021-07-20 924 34 ADS 40.000000000000 23 0 23  
FLOORING 2021-01-19 8,868 1,847 ADS 9.000000000000 985 0 985  
FLOORING 2021-11-16 4,075 509 ADS 9.000000000000 453 0 453  
STEAM TABLE 2021-12-31 2,761 345 ADS 9.000000000000 307 0 307  
REFRIGERATOR 2021-03-16 525 109 ADS 9.000000000000 58 0 58  
REFRIGERATOR 2021-05-18 525 95 ADS 9.000000000000 58 0 58  
FLOORING 2022-04-19 9,508 660 ADS 9.000000000000 1,056 0 1,056  
FLOORING 2022-08-16 8,118 338 ADS 9.000000000000 902 0 902  
FLOORING 2022-12-31 14,718 204 ADS 9.000000000000 1,635 0 1,635  
REFRIGERATOR 2022-03-15 485 47 ADS 9.000000000000 54 0 54  
REFRIGERATOR 2022-06-21 485 34 ADS 9.000000000000 54 0 54  
REFRIGERATOR 2022-08-16 582 24 ADS 9.000000000000 65 0 65  
REFRIGERATOR 2022-11-15 582 8 ADS 9.000000000000 65 0 65  
REFRIGERATOR 2022-12-20 582 8 ADS 9.000000000000 65 0 65  
AIR-DUCT CLEANING MACHINE 2022-08-30 2,462 103 ADS 9.000000000000 274 0 274  
HP LAPTOP 2022-06-14 208 14 ADS 9.000000000000 23 0 23  
2 COMPUTERS & MONITORS 2022-10-13 4,760 66 ADS 9.000000000000 529 0 529  
FRONT LOAD WASHER (2) 2023-03-17 5,916   SL 12.000000000000 370 0 370  
DRYER (2) 2023-03-17 5,445   SL 12.000000000000 340 0 340  
HOBART DISHWASHER 2023-04-18 19,562   SL 12.000000000000 1,087 0 1,087  
RANGE 2023-04-18 333   SL 12.000000000000 19 0 19  
FRIDGE UNIT 317 2023-09-19 582   SL 12.000000000000 12 0 12  
DESK & COMPONENTS 2023-11-13 980   SL 10.000000000000 16 0 16  
ELECTRIC RANGE 2023-12-18 699   SL 12.000000000000 0 0 0  
PRINTER 2023-12-31 4,135   SL 10.000000000000 0 0 0  
EQUIPMENT 2001-04-01 8,075 8,075 ADS 12.000000000000 0 0 0  
FURNITURE AND PHONE 2005-07-01 676 676 ADS 10.000000000000 0 0 0  

TY 2023 InvestmentsOtherSchedule2
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
RESIDUAL RECEIPTS AT COST 200,475 200,475
INVESTMENT IN PARKVIEW VILLAGE, LLLP AT COST 386,248 386,248

TY 2023 LandEtcSchedule2
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
DEPRECIABLE ASSETS 5,304,169 2,750,942 2,553,227 2,553,227
LAND 55,000 0 55,000  


TY 2023 OtherAssetsSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MORTGAGE ESCROW DEPOSITS 26,398 29,494 29,494
TENANT SECURITY DEPOSITS 26,973 28,933 28,933
NET INTANGIBLE ASSETS 8,146 7,042 7,042


TY 2023 OtherExpensesSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ASSISTED LIVING 84,857 0 32,249 52,608
MGMT CO EMPLOYEE CHARGEBACK 173,015 5,044 63,836 104,135
OFFICE EXPENSES 16,502 0 6,271 10,231
ENTITY EXPENSES 7 0 3 4
AMORTIZATION 1,104 0   1,104


TY 2023 OtherIncomeSchedule2
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
RENT REVENUE 335,985   335,985
LAUNDRY AND VENDING 3,608   3,608
MISCELLANEOUS REVENUE 2,082   2,082
MEAL SERVICE INCOME 39,007   39,007
CABLE INCOME 1,470   1,470


TY 2023 OtherLiabilitiesSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Description Beginning of Year - Book Value End of Year - Book Value
TENANT SECURITY DEPOSITS 19,189 21,203


TY 2023 OtherProfessionalFeesSchedule
Name:
RICHLAND AFFORDABLE HOUSING CORPORATION
EIN:
81-0509083
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 37,091 1,082 13,685 22,325