f DF PcC'UDUMT flCr 7 L(OJ
advertisement
D F PcC'UDU MT fl Cr 7 L( O.J f Return of Organization Exempt From Income Tax 990" Form Under section 501(c ), 527, or 4947( a)(1) of the Internal Revenue Code ( except black lung benefit trust or private foundation) ^ The organization may h ave to use a copy of this return to satisfy state reporting requirements Department of the Treasury Internal Revenue Service A For the Z uu 6 caie naar B Check if applicable Address change Name chenpe Innelret,.n Final retvn Amended return ear or tax y ear oe immg zuu 1 • ana enain Name of organization RESOURCE EDUCATION AND ADDISTANCE FOR use IRS iabelor COMMUNITY HOUSING , INC. print or Number and street (or P 0 box if mail is not delivered to street address) Room/suite t yp e See 733 RED MILE ROAD Specific City or town, state or country, and ZIP + 4 Instructlons. LEXINGTON 40504-1153 trusts must attach a completed Schedule A (Form 990 or 990 -EZ). Website : J Organization type (check only one) ^ X K Check here 501(c) ( if the or g anization 3 ) .4 (insert no) 4947(a)(1) or H(c) Are all affiliates included? (If H(d) is this a separate return find by en org an i zat ion covered by a group rul ng7 527 is not a 509 ( a )( 3 ) su pporting organization and its gross receipts are normally not more than $25,000 A return is not required , but if the organization chooses I M Gross receipts Add lines 6b, 8b, 9b, and 10b to line 12 ^ e 6a b c 7 8 a > d b c d W 9 w a b c 10a b c Yes No Yes n No Group Exemption Number ^ Check ^ X if the organization is not required to attach Sch B (Form 990, 990-EZ, or 990-PF) 252 , 142. Total ( add lines la through 1d) ( cash $ 119,033. ) noncash $ Ie 119 2 Program service revenue including government fees and contracts (from Part VII, line 93) . . . . . . . 3 Membership dues and assessments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Interest on savings and temporary cash investments . . . . . . . . . . . . . . . . . . . . . . . . 5 Dividends and interest from securities , , , , , , , , , , , , , , , , , • . , . . . , , , , 6 a Gross rents . . . . . . . . . . . .. . . . . . . . . . . . . . . 6b Less rental expenses . . . . . . . . . . . . . . . . . . . . . . 6c line from line 6a . . . . . . . . . . . . . . . . . . . . Net rental income or (loss) Subtract 6b . . . 7 income (describe 00, Other investment (B) Other (A) Securities other amount from sales of assets Gross 8a 109 500. than inventory . . . . . . . . . . . . . . 8b 110 , 821. Less: cost or other basis and sales expenses , 8c -1 , 321. Gain or (loss) (attach schedule) , , , , • , , . . 8d Net gain or (loss) Combine line 8c, columns (A) and (B) . . . . . . . . . . . . . . . . . Special events and activities (attach schedule) If any amount is from gaming , check here ^ ❑ of Gross revenue (not including $ 9a contributions reported on line 1b) . . . . . . . . . . . . . . . . . 1 9b Less direct expenses other than fundraising expenses . . . . . . . 9c . . . . . . . . . . . . . Net income or (loss) from special events Subtract line 9b from line 9a . oa Gross sales of inventory, less returns and allowances . . . . . . . Ob Less cost of goods sold . . . . . . . . . . . . . . . . . . . • , 1 oc Gross profit or (loss) from sales of inventory (attach schedule) Subtract line 10b from line 10a . . . . . . . . . . . . . . 1 1 Other revenue (from Part VII, line 103) 12 Total revenue . Add lines le , 2 , 3 , 4 , 5 , 6c , 7 8d, 9c, 10c y 13 14 CL W 15 16 Program services (from line 44, column (B)) Management and general (from line 44, column (C)) . , , , , , , , Fundraisin from line 44, column D Payments to affiliates (attach schedule) , , , , , , , , 17 Total ex penses Add lines 16 and 44, column A U) 18 19 0 Z 20 21 • • , , Excess or (deficit) for the year Subtract line 17 from line 12 Net assets or fund balances at beginning of year (from line 73, column (A)) . . . . . . . . . . . . . . S AMT. Other changes in net assets or fund balances ( attach explanation) . Net assets or fund balances at end of y ear Combine lines 18 , 19 , and 20 . 4 No Revenue , Ex p enses, and Chan g es in Net Assets or Fund Balances (Seethe instructions ) Contributions, gifts, grants, and similar amounts received a Contributions to donor advised funds . . . . . . . . . . . . . . . 1a 33 , 879. 1b b Direct public support (not included on line 1a) . . . . . . . . . . . c Indirect public support (not included on line 1a) . . . . . . . . . . 1c 1d 85 , 154. d Government contributions (grants) (not included on line 1 a) . . . . 2 3 4 5 C=D X Accrual H(a ) Is this a group return for affiliates? ❑ Yes ^ N /A to file a return, be sure to file a complete return c^a 61-1274340 E Telephone number 859 455-8057 Account na mama cash Other (sp ecify ) ^ H(b) If "Yes," enter number of affiliates ^ G 1 Guu / H and I are not applicable to section 527 organizations . Section 501 ( c )( 3) organizations and 4947(a) ( 1) nonexempt charitable g ^ .it D Employer identification number KY Apphceban pending L u.j Please C g( . . . . . . . . . ( )) nil 11 AUG 0.2907 , , O 033. 13 , 971. -1 , 321. 11 . 12 • • , , 13 14 15 16 141 , 321 , 170 , 724 . 22 ,842 ___ . 17 18 193 , 566 . -52 , 245. 19 20 21 1 , 015 , 446. %!N M For Privacy Act and Paperwork Reduction Act Notice , see the separate Instructions . , 9 , 638. 4 , 000. 967 , 201 . Form 006) 6E1 JSA 6 E 1010 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 Xf Form 990 ( 2006 ) JiM ' Statement of All organizations must complete column (A) Functional Expenses organizations reorted Do not include amounts 16 p Parton line 66 8b . 96 106 or of l and section 4947( a)(1) Paget 61-1274340 Columns ( B), (C), and ( D) are required for section 501 ( c)(3) and (4) nonexempt charitable trusts but optional for others (See the instructions) ( C) Management ( B) Program (A) Total and g eneral services (D) Fundraising 2 2a Grants paid from donor advised funds ( attach schedule) noncash $ ( cash $ If this amount includes foreign grants, check here . . . . . . . . . . ^ 22b Other grants and allocations ( attach schedule) noncash $ (cash $ If this amount includes foreign grants, check here . . . . . . . . . . . . 23 24 ) 22a 22b ^ Specific assistance to individuals (attach schedule). . . . . . . . . . . . Benefits paid to or for members 23 , , 24 (attach schedule), , , , , , 88 , 684. 88 , 684. STMT 2 _ 25a Compensation of current officers, directors, key employees, etc listed in Part V-A (attach schedule) , , , , 25a 14 , 538. b Compensation of former officers, directors, key employees, etc listed in . _________________ Part V-B (attach schedule) , , , , STMT 3 7 , 269. 7 , 269. 56 106. 50 207. 5 899. C Compensation and other distributions , not inGuded above , to disqualified persons (as defined under section 4958 ( f)(1)) and persons described in section 4958 ( c)(3)(B) (attach schedule) 26 Salaries and wage s of employees not Included on lines 25a, b, and c , 27 Pension included on lines 25a, b, and c Employee benefits not included on lines 25a - 27 1 904. 1 904 . 28 2 597. 2 113. 29 Payroll taxes 9 471. 7 1 , 398. 781. 586. 1 , 076. 703. 527. 575. 1 599. 575. 1 , 599. plan contributions 30 Professional fundraising fees 31 Accounting fees , 32 Legal fees 33 Supplies . . . . . . . . . . . . . 34 Telephone . . . . . . . . . . . . 35 Postage and shipping . . . . . . 36 37 not , . . . , . . . . . 33 34 35 Occupancy . . . . . . . . . . . . . . Equipment rental and maintenance. . 614. 484 . 1 857 . 322. 78. 59. 36 38 Printing and publications . . . . . . 39 Travel . . . . . . . . . . . . . . . . . . 37 38 39 40 41 Conferences, conventions, and meetings , Interest . . . . . . . . . . .. . . . . . 40 41 1 , 570. 1 , 570. 42 Depreciation, depletion, etc (attach schedule) 42 2 , 519. 2 , 519. 43 Other expenses not covered above (itemize) a STMT - 4 _______________ b 43a c 43c d 43d e f 43e 43f 43 11 , 238. 8 , 453. 2 , 785. 44 193 , 566. u if you are following SOP 98-2 170 724. 22 . 842. 9 -------------------------44 Total functional expenses . Add lines 22a through 43g (Organizations completing columns (B)-(D), carry these totals to lines 13-15), Joint Costs . Check ^ 43b ^ Are any j oint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services? , ( ii) the amount allocated to Program services $ If "Yes ," enter ( i) the aggregate amount of these joint costs $ , and (Iv) the amount allocated to Fundraising $ (iii) the amount allocated to Management and general $ No Form 990 (2006) JSA 6E1020 2 000 09877P 2270 08/22/2007 Yes 14:03:52 V06-7.3 FYE 3/31 8 „ I. Form 999 (2006) ' jj Page 3 61-1274340 Statement of Program Service Accomplishments (See the instructions) Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return. Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments Wh at is the organization ' s primary exempt purpose? ^ SEES TATEMENT 5 All organizations must describe their exempt purpose achievements in a clear and concise manner State the number ---- ----------------------------------of c lients served , publications issued , etc Discuss achievements that are not measurable (Section 501 ( c)(3) and (4) orga m zations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants rants and allocations to others ) Program Service Expenses ( Required for 501(c)( 3) and (4) ores , and 4947(a)(1) trusts, but optional for others ) a REACH-HOME-PROGRAM-ASSISTS-FIRST-TIME-HOMEOWNERS --------------------IN FAYETTE COUNTY TO PURCHASE HOMES. THE PROGRAM ASSISTS -------------------------------------------------------------------THE_HOMEOWNER_IN_OBTAINING_FORGIVABLE,_NO-INTEREST OR LOW ---------------------OF THE INTEREST-LOANS-FOR-UP-TO-25%-OF-THE-PURCHASE-PRICE ------------------------------------------------------------HOUSE. -FUNDING-IS-PROVIDED-BY-LEXINGTON-FAYETTE-URBAN --------------------------------------------------------------COUNTY GOVERNMENT THROUGH HOME FUNDS FROM DEPT OF HUD. ------------------------------------------------------------ (Grants and allocations $ ) If this amount includes foreign grants , check here ^ 25 , 275. b FIRST_KEY_HOME_PROGRAM_ASSISTS_FIRST_TIME-HOMEOWNERS-IN______________ BOURBON,-CLARK,_HARRISON,_JESSAMINE,_MADISONl_SCOTT AND______________ NOODFORD-COUNTIES. - -THE-PROGRAM-ASSISTS-THE-HOMEOWNER-IN -------------------------------------------------------------DBTAINING_LOANS_AT_0$_INTERESTL_WHICH_ARE_FORGIVEN OVER -5 ____________ TEARS__-FUNDING-IS-PROVIDED_BY_KENTUCKY_HOUSING_COPORATION----------GRANTS. THROUGH HOME ------------------------------------------------------(Grants and allocations $ ) If this amount includes foreign grants , check here ^ 83 , 284. c LEASE _PURCHASE_PROGRAM_IS_A_PROGRAM_IN_WHICH_REACH PURCHASES--------PHE_HOUSE,_AND_THE_POTENTIAL_ HOMEOWNER _LEASES_IT_UNTILL SUCH_________ TIME-AS-THEY-ARE-FINANCIALLY-ABLE-TO-PURCHASE-THE HOME. ---- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------t-----------------------(Grants and allocations $ ) If this amount includes foreign grants , check here ^ 19 , 473. d ZHDO-PROGRAM-PURCHASES-REAL-PROPERTY-AND-CONSTRUCTS NEW ---------------------------------------------------------------HOUSES-OR-REHABS-EXISTING-HOUSES.--THE-COMPLETED HOUSES ARE__________ THEN-SOLD-TO-LOW-INCOME-FAMILIES-WITH-ALL-OF-THE-PROCEEDS ------------------------------------------------------------REUSED-TO-PURCHASE-ADDITIONAL-REAL-PROPERTY.--A PORTION-OF ----------PHE_PROCEEDS_CAN_BE_USED_TO_GIVE_THE_HOMEOWNER_A FORGIVABLE -----___-LOAN___THIS_PROGRAM_IS_FUNDED_BY_KY__HOUSING_CORP._GRANTS___________ ) If this amount includes foreign grants , check here ^ (Grants and allocations $ 42 692 . e Other program services ( attach schedule) (Grants and allocations $ ) If this amount includes foreign grants , check f Total of Program Service Expenses (should equal line 44, column (B), Program services) . ^ 170,724. Form 990 (2006) JSA 6E1021 2 000 09877P 2270 08/22 /2007 14:03:52 V06-7.3 FYE 3/31 9 Form 990 ( 2006 ) Balance Sheets (See the instructions.) Note : Where required, attached schedules and amounts within the description Cash - non-interest-bearing , , , , , , , , , , , , , , , , , , , ,, , Savings and temporary cash investments , , , , , , , , , , , , , , , , , , , , 47a Accounts receivable . . . . . . . . . . . . . . b Less allowance for doubtful accounts . . . . . 47a 47b 48a Pledges receivable . . . . . . . . . . . . . . . b Less allowance for doubtful accounts . . . . . . 48a 48b 49 . column should be for end-of-year amounts only 45 46 Page4 61-1274340 (A) (B) Beginning of year End of year 45 1 , 181 013. 46 1 , 340 , 805. 109 , 748 . 210 018. 47c 109 748. 48c Grants receivable . . . . . . . . . . . . . . . . . . . 49 50a Receivables from current and former officers, directors, trustees, and key employees (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . N 50a b Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) (attach schedule) 51a Other notes and loans receivable (attach schedule) . . . . . . 51a 52 50b b Less* allowance for doubtful accounts 51 b Inventories for sale or use . . . . . . . . . . . . . . . . . . . . . . . . . . . 51C 52 Prepaid expenses and deferred charges . . . . . . . . . . . . Investments - publicly-traded securities ^ e Cost 8 FMV Investments - other securities (attach schedule), ^ Cost FMV Investments - land, buildings, and equipment basis , , , , , , , , , , , , , , , , 1. 56a ________________ b Less accumulated depreciation (attach 53 54a 54b 53 54a b 55a schedule),,,,,, 55c 56 Investments - other (attach schedule) . . . . . . . 57a Land, buildings, and equipment basis S,TMT . F . 57a b Less accumulated depreciation (attach schedule),,,,,,, 57b 58 Other assets, including program-related investments (describe ^ . . . . . . . . . . . 239 , 783 . 19 , 430 56 222 , 872. 57c 220 , 353 . ) 109 154. 58 NONE 59 60 Total assets (must equal line 74) Add lines 45 through 58 . . . . . . . . . . Accounts payable and accrued expenses . . . . . . . . . . . . . . . . . . . 1 , 723 , 057. 59 11 4 4 6. 60 1 , 670 , 906. 11 , 540 . 61 Grants payable . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . 61 62 63 Deferred revenue . . . . . . . . . . . . . . . . . . . . . . . . . . STMT. 8. Loans from officers, directors, trustees, and key employees (attach 6 , 131. 62 schedule) . . STMT 7 63 .. 64a Tax-exempt bond liabilities (attach schedule ) . . . . . .. . . . . . . . . . . . b Mortgages and other notes payable (attach schedule) , , , , , , STMT. 9 . 65 Unrestricted Temporarily restricted . . . 68 . . . . . . . . . . .. . . . . . . . . . . restricted 69 Permanently . . . . . . . . . . . . . . . . . . . . . . . . . . co Organizations that do not follow SFAS 117, check here ^ ❑ and complete lines 70 through 74 Capital stock, trust principal, or current funds . . . . . .. . . . . . . . . . . Paid-in or capital surplus, or land, building, and equipment fund . . . . . . . Retained earnings, endowment, accumulated income, or other funds 73 Total net assets or fund balances (add lines 67 through 69 or lines 74 70 through 72 (Column (A) must equal line 19 and column ( B) must equal line 21) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . Total liabilities and net assets/fund balances . Add lines 66 and 73 Z 686 , 034. 65 Total liabilities . Add lines 60 through 65 . . . . . . . . . . . . . . . . . Organizations that follow SFAS 117 , check here ^ 1 X and complete lines 67 through 69 and lines 73 and 74 ,L 0 70 10 71 y 72 64a 690 034. 64b Other liabilities (describe ^ 66 00 67 U 6 , 131. 707 611. 66 703 705. 989 725. 67 25 1 721. 68 941 480. 25 , 721. 69 70 71 72 1 015 446. 73 1 723 057. 74 967 , 201 . 1 , 670 , 906 . Form 990 (2006) JSA 6E1030 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 10 I Y Form 99O ( zoos ) ' 61-1274340 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return (See the instructions.) a b 1 2 3 4 c d 1 2 Total revenue, gains , and other support per audited financial Amounts included on line a but not on Part I, line 12 Net unrealized gains on investments . . . . . . . . . . . . . Donated services and use of facilities . . . . . . . . . . . .. Recoveries of prior year grants . . . . . . . . . . . . . . .. Page5 statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b1 b2 b3 4 000. Other (specify) -- SEE STATEMENT 13 -------------------------------------------------------------------------------Add lines b1 through b4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 21 Subtract line b from line a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Amounts included on Part I, line 12, but not on line a: Investment expenses not included on Part I , line 6b . . . . . . . . . . . . . . . . . Other (specify) --------------------------------------------- d1 d2 --------------------------------------------------Add lines dl and d2 . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . Total revenue ( Part I, line 12 ) Add lines c and d. .............................. . e 141 Reconciliation of Expenses per Audited Financial Statements With Expenses per Ret urn a Total expenses and losses per audited financial statements . . . . . . . . . . . . . . . . . . . . . . . . . . . b Amounts included on line a but not on Part I, line 17 1 2 3 4 Donated services and use of facilities . . . . . . . . . . . . . . . . . . . . . . . . Prior year adjustments reported on Part I, line 20 . . . . . . . . . . . . . . . . . . Losses reported on Part I , line 20 . . . . . . . . . . . . . . . . . . . . . . . . . . Other (specify) -------------------------------------------- bl b2 1 321 b4 c d Add lines b1 through b4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Subtract line b from line a . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . Amounts included on Part I, line 17, but not on line a: Investment expenses not included on Part I, line 6b . . . . . . . . . . . . . . . . . d1 Other (specify) --------------------------------------------------------------------------------------------------I d Add lines d1 and d2 . e Total expenses (Part I, line 17) Add lines c and d . 193 566. No. e was officer, director, trustee, (List each person who an Directors Trustees and Key Employees Current Officers , , , MM. 1 2 nr key amnlnvaa nt env time rhirinn the vaar even if they were not rmmnencatarf 1 (Sae the fn.ctruct,nnS ) (B) Title and average hours pe t week devoted to p osition (A) Name and address -----------------------------------------SEE STATEMENT 14 (C) Compensation (If not paid , enter -0-, 14 , 538. (D) Contributions to employee benefit plans & deferred (E) Expense account and other allowances compensation plans NONE NON ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Form 990 (2006) JSA 6E 1040 2 000 09877P 2270 08/22 /2007 14:03:52 V06-7.3 FYE 3/31 11 Form 990 ( 2006) 61-1274340 was Yes No Current Officers , Directors , Trustees , and Key Employees (continued) 75a Enter the total number of officers, directors , and trustees permitted to vote on organization business at board meetings --------------b Are any officers , directors , trustees , or key employees listed in Form 990 , Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B , related to each other through family or business - relationships ? If "Yes," attach a statement that identifies the individuals and explains the relationship(s) . . . . . . c Do any officers , directors, trustees , or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations , whether tax exempt or taxable, that are related to the organization ? See the instructions for 75b X 75c X E.E. the definition of "related organization ... . . . . . . . . . . . . . . . . . . . . . . . UMUM 19T ,19, , , If "Yes," attach a statement that includes the information described in the instructions - d Does the org anization have a written conflict of interest p olicy? • . -- 75d x FUNUARI Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) during the year, list that person below and enter the amount of compensation or other benefits in the appropriate column See the instructions ) (A) Name and address ( B) Loans and Advances (C) Compensation ( if not paid , enter -0-) ( D) Contributions to employee benefit plena & deferred compensation plane (E) Expense account and other allowances --- --------------------------------------- 0- 0- -0- -0- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- --- --------------------------------------- Yes Other Information (See the instructions. ) No 76 Did the organization make a change in its activities or methods of conducting activities? If "Yes," attach a detailed statement of each change . .. . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 X 77 Were any changes made in the organizing or governing documents but not reported to the IRS? . . . . . . . . . . 77 X If "Yes," attach a conformed copy of the changes 78a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return? . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . b If "Yes," has it filed a tax return on Form 990 -T for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 Was there a liquidation, dissolution, termination, or substantial contraction during the yeah If "Yes," attach a statement ........................................................ 78a 78b X N 79 - -X 80a Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc , to any other exempt or nonexempt organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80a b If "Yes," enter the name of the organization ________________________ ------- _________________________________________ and check whether It Is = exempt or= nonexempt 81a Enter direct and indirect political expenditures (See line 81 Instructions ). . . . . . . . 81a NONE b Did the org anization file Form 1120-POL for this ears 1b X X Form 990 (2006) JSA 6E1042 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 12 I Yesl No ^^11 Other Information (continued) 82a b 83a b 84a b 85 b c d e f g h 86 b 87 b 88 b b Did the organization receive donated services or the use of materials , equipment, or facilities at no charge or at substantially less than fair rental value? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If "Yes ," you may indicate the value of these items here Do not include this amount 82b as revenue in Part I or as an expense in Part II ( See instructions in Part III ) . . . . . . . . . . . . . 6 , 500. Did the organization comply with the public inspection requirements for returns and exemption applications? , , , , , , , Did the organization comply with the disclosure requirements relating to quid pro quo contributions? . . . . . . . . . . . . . . . . Did the organization solicit any contributions or gifts that were not tax deductible? . . . . . . . . . . . . . . . . . . . If "Yes ," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? , , , , , , , , , 501 (c)(4),(5), or (6) organizations a Were substantially all dues nondeductible by members? , , , , , , , , , , , , , , , , , Did the organization make only in - house lobbying expenditures of $2,000 or less? If "Yes" was answered to either 85a or 85b , do not complete 85c through 85h below unless the organization received a waiver for proxy tax owed for the prior year .85c Dues , assessments , and similar amounts from members N /A 85d Section 162 ( e) lobbying and political expenditures . . . . . . . . . . . . . . . . . . . . . . . . N /A 85e Aggregate nondeductible amount of section 6033( e)(1)(A) dues notices . . . . . . . . . . . . . . N /A 85f Taxable amount of lobbying and political expenditures ( line 85d less 85e) , , , , , , , , , N /A Does the organization elect to pay the section 6033( e) tax on the amount on fine 85f' . . . . . . . . . . . . . . . . . . . . . . . . If section 6033( e)(1)(A) dues notices were sent , does the organization agree to add the amount on line 85f to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year? . . . . . . . 86a 501 (c)(7) orgs Enter a Initiation fees and capital contributions included on line 12 , , , , , , N /A Gross receipts , included on line 12 , for public use of club facilities , , , , 86b N /A 501 (c)(12) orgs Enter a Gross income from members or shareholders , , , , , , , , , , , , 87a N /A Gross income from other sources . ( Do not net amounts due or paid to other 87b sources against amounts due or received from them) , , , , , , , , , , , , , , , , , , , N /A At any time during the year , did the organization own a 50 % or greater interest in a taxable corporation or partnership , or an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 7701-39 If "Yes," complete Part IX At any time during the year , did the organization , directly or indirectly, own a controlled entity within the meaning of section 512 (b)(13)? If "Yes," complete Part XI , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ^ 89a 501 (c)(3) organizations Enter Amount of tax imposed on the organization during the year under , section 4955 ^ N/A section 4911 ^ ; section 4912 ^ N/A N/A excess benefit transaction in any section 4958 organization engage and 501(c)(4) orgs Did the b 501 (c)(3) during the year or did it become aware of an excess benefit transaction from a prior year? If "Yes," attach , , , , , , , , , , , , , , , , , , , , , , , , , , , a statement explaining each transaction c Enter . Amount of tax imposed on the organization managers or disqualified persons during the year under NONE sections 4912 , 4955 , and 4958 ^ NONE the organization , , , , , , , , , ^ of tax on line above reimbursed by 89c, , d Enter Amount e All organizations At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . f All organizations Did the organization acquire a direct or indirect interest in any applicable insurance contract? the maintaining donor advised funds Did organizations supporting organizations and sponsoring g For supporting organization , or a fund maintained by a sponsoring organization , have excess business holdings 82a X 83a 83b 84a X X 84b 85a 85b N N N I P, 85 N 85h NZ A X 88a X 88b X 89b X 89e 89f X X , , , , 89 at any time during the year? , , , 90a List the states with which a copy of this return is filed ^ KY, b Number of employees employed in the pay period that includes March 12 , 2006 ( See instructions) . . . . . . . . . . . . . . . . . . 190b 110 Telephone no ^ 859-25 8-35 35 91a The books are in care of ^ COMPANY ZIP+4 ^ 40507 Located at ^ COMPANY ADDRESS Yes b At any time during the calendar year. did the organization have an interest in or a signature or other authority over a financial account in a foreign country (such as a bank account, securities account, or other financial account)? , , , , , , , , .If"Yes," enter the name of the foreign country ^ ___________________________________________________ See the instructions for exceptions and filing requirements for Form TD F 90-22 .1, Report of Foreign Bank and Financial Accounts X No Form 990 (2006) JSA 6E1041 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 13 I Y Form 990 (2006) ' 61-1274340 Other information (continued) c At any time during the calendar year, did the organization maintain an office outside of the United States? , , , , , , If "Yes," enter the name of the foreign country ^ Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Form 1041- Check here and enter the amount of tax-exempt interest received or accrued durlna the tax year . . ^ 192 1 92 JIM= Unre lated business income (B) (A) Amount Business code Program service revenue a , , , , , , , , , , , , , ^❑ N/A Analysis of Income-Produc ing Activities (See the instructions.) Note : Enter gross amounts unless otherwise indicated 93 Page 8 Yes No X 1 91C Excluded b y section 512, 513 , or 514 (c) Exclusion code (p ) Amount (E) Related or exempt function income 9 , 638. STMT 20 b c d e f Medicare / Medicaid payments . . . . . . . . 9 Fees and contracts from government agencies , 94 Membership dues and assessments , . , 95 Interest on savings and temporary cash investments 96 97 14 13 , 971 . -1 , 321 . Dividends and interest from securities Net rental income or (loss) from real estate a debt - financed property . . . . . . . . . b not debt -financed property . . . . . . . 98 Net rental income or (loss) from personal property 99 Other investment income . . . . . . . . . . 100 Gain or (loss ) from sales of assets other than inventory 18 101 Net income or (loss ) from special events 01 102 Gross profit or ( loss) from sales of inventory 103 Other revenue a b c d e 12 650. 104 Subtotal ( add columns ( B), (D), and (E)) . . . . . ^ . . . . . . . . . . . . . . . . . . . . . . . . . . line 104, columns (B), (D), and (E)) 105 Total (add Note : Line 105 plus line le, Part 1, should equal the amount on line 12, Part I Relationship of Activities to the Accomplishme nt of Exempt Purposes (See the instructions) Line No . y 9 , 638. 22,288. Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes) TMT 21 RMIES Information Reg arding Taxable Subsidiaries and Disre g arded Entities (See the Instructions (A) (B) (c) (D) Name , address, and EIN of corporation , oartnershio . or disregarded entity Percentage of ownership interest OX OA o,4 Information Re g ardin g Transfers Associated with (a) Did the organization , during the year , receive any funds, directly or indirectly, to p (b) Did the organization, during the year, pay premiums, directly Note : If "Yes" to (b), file Form 8870 and Form 4720 (see instruction: JSA 6E 1050 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 Nature of activities Total Income End year assets i I Form Page 9 -1274 OMNI Information Regarding Transfers To and From Controlled Entities . Complete only if the organization is a controlling organization as defined in section 512(b)(13). Yes 106 No Did the reporting organization make any transfers to a controlled entity as defined in section 512(b)(13) of the Code? If "Yes , " com p lete the schedule below for each controlled entity (A) Name , address , of each (B) Employer Identification (C) Description of controlled entity Number transfer X (D) Amount of transfer ---------------------- a ------------------------------------------ b ------------------------------------------- c ---------------------Totals Yes 107 Did the reporting organization receive any transfers from a controlled entity as defined in section 512 ( b )( 13 ) of the Code? If "Yes , " complete the schedule below for each controlled entity Name , address , of each (B) Employer Identification (C) Description of controlled entity Number transfer (A) a No X (D) Amount of transfer ---------------------- ------------------------------------------ b ------------------------------------------- c ---------------------Totals Yes 108 No Did the organization have a binding written contract in effect on August 17, 2006, covering the interest, rents ro yalties, and annuities described in q uestion 107 above? Please Si gn X Under penalties of peryu , I declare th I have examined this return, including accompanying schedules and statements , and to the best of my knowledge and belief , i tru co ect, a ete Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge Signature f officer S ! Date -2 Here Type or print name and title Paid Pre p arer' s Only Preparers signature Firm's name or you if s e lf-emp l oye d ) , address , and ZIP+4 Date 8 / 22 / 2007 ' MIL R YER SULLIVAN & 2365 HARROD BURG ROAD , LEXINGTON, KY STEVENS hfeck if s employed LLP SUITE A-100 40504 Preparers SSN or PTIN (See Gen Inst X) ^ P00249147 EIN Phone no 111" -0866166 61-0866166 ^ 859-223-3095 Form VtOU (2006) JSA 6E1051 1 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 15 SCHEDULE J4 (Form 990 or 990-EZ) Department of the Treasury Internal Revenue Service (Except Private Foundation ) and Section 501(e ), 501(f), 501(k), 501(n), or 4947( a)(1) Nonexempt Charitable Trust 1545-0047 ^j 007 Supplementary Information - (See separate instructions.) [^ ^ MUST be com p leted b y the above organizations and attached to their Form 990 or 990-EZ Employer Identification number Name of the organization RESOURCE EDUCATION AND ADDISTANCE FOR COMMUNITY HOUSING , INC. LOW OMB No Organization Exempt Under Section 501(c)(3) I 61-1274340 Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See Daae 2 of the instructions. List each one. If there are 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 & deferred compensation (e) Egense account and other allowances ---------------------------------SEE STATEMENT 22 -------------------------------------------------------------------------------------------------------------------------------------- Total number of other employees paid over $50,000 . . ^ NONE ILL1 Compensation of the Five Highest Paid Independent Contractors for Professional Services (See page 2 of the instructions. List each one (whether individuals or firms). If there are none, enter "None ") (a) Name and address of each independent contractor paid more than $50 , 000 (b ) Type of service (c) Compensation -----------------------------------------------NONE Total number of others receiving over $50,000 for professional services • ^ NONE CMEB Compensation of the Five Highest Paid Independent Contractors for Other Services (List each contractor who performed services other than professional services, whether individuals or firms. If there are none, enter "None " See page 2 of the instructions ) (b) Type of service (a) Name and address of each independent contractor paid more than $50,000 Total number of other contractors receiving over $50,000 for other services , , , , , , ^ (c) Compensation NONE For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ. Schedule A (Form 990 or 990-EZ) 2006 JSA 6E12102000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 16 Schedule A (Form'990 or 990-EZ ) 2006 Page 2 61-1274340 Yes No Statements About Activities (See page 2 of the instructions.) I During the year , has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? If "Yes," enter the total expenses paid or incurred in connection with the lobbying activities ^ $ (Must equal amounts on line 38, Part VI-A, or line I of Part VI- B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 X Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other organizations checking "Yes" must complete Part VI-B AND attach a statement giving a detailed description of the lobbying activities During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary? (H the answer to any question is "Yes," attach a detailed statement explaining the 2 transactions) 2a a Sale, exchange, or leasing of property? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Lending of money or other extension of credit? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c Furnishing of goods, services, or facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c d Payment of compensation ( or payment or reimbursement of expenses if more than $1,000)? . . . . . . . . . . . . STMT. 23 2d e Transfer of any part of its income or assets? 3a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization make grants for scholarships, fellowships, student loans, etc? (If "Yes," attach an explanation of how the organization determines that recipients qualify to receive payments) . . . . . . . . . . . . . . . . . . . . . . . b Did the organization have a section 403(b) annuity plan for its employees? . . . . . . . . . . . . . . . . . . . . . . . . . c Did the organization receive or hold an easement for conservation purposes , including easements to preserve open space , the environment , historic land areas or historic structures? If "Yes," attach a detailed statement . . . . . . . . . . . . 12e I 3a I X 13 b I 3c d Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services? . . . . . . . . . 4a b Did the organization maintain any donor advised funds? If "Yes," complete lines 4b through 4g If "No," complete lines 4fand4g ...................................................... Did the organization make any taxable distributions under section 4966? . . . . . . . . . . . . . . . . . . . . . . . . . . 4a 4b c Did the organization make a distribution to a donor, donor advisor, or related person? . . . . . . . . . . . . . . . . . . . . L4 c d Enter the total number or donor advised funds owned at the end of the tax year . . . . . . . . . . . . . . . . . . . . . . ^ e Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year . . . . . . . . . . . . ^ f Enter the total number of separate funds or accounts owned at the end of the tax year ( excluding donor advised funds included on line 4d ) where donors have the rights to provide advice on the distribution or investment of amounts in such funds or accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ^ g I X X NON E Enter the aggregate value of assets held in all funds or accounts included on line 4f at the end of the tax year . . . . . . . . ^ Schedule A (Form 990 or 990-EZ) 2006 JSA 6E1220 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 17 Schedule A ( Form 990 or 990-EZ ) 2006 Page 3 61-1274340 Reason for Non-Private Foundation Status ( See pages 4 through 7 of the instructions ) I certify that the organization is not a private foundation because it is (Please check only ONE applicable box) 5 ❑ A church, convention of churches, or association of churches Section 170(b)(1)(A)(i) 6 ❑ A school Section 170(b)(1)(A)(n) (Also complete Party) 7 ❑ A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(iii) 8 ❑ A federal , state, or local government or governmental unit Section 170 (b)(1)(A)(v) 9 ❑ A medical research organization operated in conjunction with a hospital Section 170(b)(1)(A)(ul ) Enter the hospital's name, city, and state ^ -------------------------------------------------------------------------10 ❑ An organization operated for the benefit of a college or university owned or operated by a governmental unit Section 170(b)(1)(A)(iv) (Also complete the Support Schedule in Part IV-A) 11 a 7X An organization that normally receives a substantial part of its support from a governmental unit or from the general public Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A) 11 b ❑ A community trust Section 170(b )( 1)(A)(vi) (Also complete the Support Schedule in Part IV-A) 12 ❑ An organization that normally receives ( 1) more than 33 113% of its support from contributions, membership fees, and gross receipts from activities related to its charitable, etc , functions - subject to certain exceptions, and (2) no more than 33 113% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the by the organization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A) 13 ❑ An organization that is not controlled by any disqualified persons (other than foundation managers) and otherwise meets the requirements of section 509(a)(3) Check the box that describes the type of supporting organization ❑ Type I ❑ Type II ❑ Type III - Functionally Integrated ❑ Type I I I - Other Provide the following information about the supported organizations . (See oaoe 7 of the instructions ) (a) Name(s) of supported organization(s) (b) Employer identification number (EIN) (c) Type of organization (described In lines 5 through 12 above or IRC section) (d) Is the supported organization listed In the supporting organization's governing documents? Yes No Total 14 (e) Amount of support ^ 1 ❑ An organization organized and operated to test for public safety Section 509(a)(4) (See page 7 of the instructions ) Schedule A (Form 990 or 990-EZ) 2006 JSA 6E1222 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 18 Schedule A IForm 990 or 990-EZ) 2006 Page 4 61-1274340 ROOM Support Schedule (Complete only if you checked a box on line 10, 11, or 12 ) Use cash method of accounting. NnteC You may use the worksheet in the instructions for convertina from the accrual to the cash method of accnuntino Calendar y ear ( or fiscal y ear beg inning in) 15 Gifts , grants , and contributions received (Do ^ not include unusual grants See line 28 ) ( b) 2004 ( a ) 2005 ( c ) 2003 (e) Total (d ) 2002 702 , 464. 1 , 205 , 900. 787 , 09 6. 380 154. 3 , 075 , 614. 58 , 043. 75 , 593. 130 830. 109 682. 374 148. 92 674. 33 , 902. 26 , 517. 32,742. 185 , 835. 181. 138 . 532. 532 . 1 , 315 , 395. 1 , 239 , 802. 13 , 154. 944 443. 813 613. 9 , 444. 522 578. 412 896. 5 , 226. 1 3 , 635 , 597. 3 , 261 , 449. Membership fees received . Gross receipts from admissions , merchandise sold or services performed , or furnishing of facilities in any activity that is related to the 16 17 organization ' s charitable , etc, purpose Gross income from interest , dividends, amounts received from payments on securities 18 loans ( section 512 ( a)(5)), rents , royalties, and unrelated business taxable income (less section 511 taxes ) from businesses acquired by the organization after June 30 , 1975 unrelated business Net income from activities not included in line 18 . . . . . . . . . Tax revenues levied for the organization's benefit and either paid to it or expended on 19 20 its behalf .................... The value of services or facilities furnished to the organization by a governmental unit without charge Do not include the value of services or facilities generally furnished to the 21 public without charge .............. Other income Attach a schedule Do not include gain or (loss ) from sale of capital assets 22 23 Total of lines 15 through 22 24 25 Enter line 26 b c d e 27 . . . . . . . . . . 853 7 95, 8, a Enter 2 % of amount in column (e), line 24 . . . . . . . . . . . . . . . Organizations described on lines 10 or 11: Prepare a list for your records to show the name of and amount contributed by each person ( other than a governmental unit or publicly supported organization ) whose total gifts for 2002 through 2005 exceeded the amount shown in line 26a Do not file this list with your return . Enter the total of all these excess amounts Total support for section 509(a )( 1) test Enter line 24 , column ( e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Add Amounts from column (e) for lines 18 185, 835. 19 26b . . . . . . . . . . . . 22 Public support ( line 26c minus line 26d total ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ^ 26a 65 , 229. ^ 26b ^ 26c 3 , 261 , 449. ^ 26d ^ 26e 185 835. 3 , 075 , 614. . ^ 26f 94 . 3021 % f Public support percentage ( line 26e ( numerator ) divided by line 26c ( d en ominator )) alsqualltlea Organizations described on line 12: a For amounts included in lines 15, 115, and i i moat were recervea from a person," prepare a list for your records to show the name of, and total amounts received in each year from, each "disqualified person " Do not file this list with your return . Enter the sum of such amounts for each year NOT APPLICABLE (2002) (2003) (2004) ---------------------------------------------------For any amount included in line 17 that was received from each person (other than "disqualified persons"), prepare a show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for (Include in the list organizations described in lines 5 through 11b, as well as individuals) Do not file this list with your the difference between the amount received and the larger amount described in (1) or (2), enter the sum of these amounts) for each year (2005) b (2005) ---------------- (2004) ------------------c Add Amounts from column (e) for lines 17 15 16 20 21 -------------list for your records to the year or (2) $5,000. return . After computing differences (the excess (2003) ------------------- (2002)--------------- 27c . . . . . . . . • • . . ^ . . . . . . . . . . . . . . . ^ 27d ^ 27e ^ 27f . . . . . . . . . . . . ^ 27 d e f g Add Line 27a total. . and line 27b total . . Public support (line 27c total minus line 27d total ) . . . . . . . . . . . . . . . . . . . . . . . . Total support for section 509(a)(2) test Enter amount from line 23, column (e) . . . . . . . . . . Public support percentage ( line 27e ( numerator ) divided by line 27f (denominator)) . . . . . . . h Investment Income p ercenta g e line 18 , column ( e ) ( numerator ) divided by line 27f ( denominator )) 28 % % Unusual Grants : For an organization described in line 10, 11, or 12 that received any unusual grants during 2002 through 2005, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant Do not file this list with your return . Do not include these g rants in line 15 SSA Schedule A (Form 990 or 990-EZ) 2006 ^ 27h 6E 12 21 3 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 19 Schedule A (Form 990 or 990-EZ) 2006 29 30 31 32 Page 5 61-1274340 Private School Questionnaire (See page 9 of the instructions) ( To be com p leted ONLY b y schools that checked the box on line 6 in Part IV ) NOT APPLICABLE Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, other governing instrument, or in a resolution of its governing body . . . . . Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues, and other written communications with the public dealing with student admissions, programs, and scholarships . . . .. . _ . . .. .. . . . . . . .. .. .. Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no solicitation program, in a way that makes the policy known to all parts of the general community it serves? . . . . . . . . . . . . , _ If "Yes," please describe, if "No," please explain (If you need more space, attach a separate statement ) -----------------------------Does the organization maintain the following a Records indicating the racial composition of the student body, faculty, and administrative staff? b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory Yes No 29 30 31 32a basis? ..................................................... c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing 32b with student admissions, programs, and scholarships? . . . . . d Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . 32c 32d If you answered "No" to any of the above, please explain (If you need more space, attach a separate statement ) 33 --------------------------------------------------------------- -------------Does the organization discriminate by race in any way with respect to a Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33a b Admissions policies? ....................................... ............ 33b c Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33c d Scholarships or other financial assistance? ........................... ............ 33d e Educational policies? ....................................... ............ 33e f Use of facilities? 33f ......................................... ............ g Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 h Other extracurricular activities? 33h If you answered "Yes" to any of the above, please explain (If you need more space, attach a separate statement ) 34 a Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . , b Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . . . . . . . . If you answered "Yes" to either 34a or b, please explain using an attached statement 35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 05 of Rev Proc 75-50, 1975-2 C B 587 , covering racial nondiscrimination '? If "No," attach an explanation 35 Schedule A ( Form 990 or 990-EZ) 2006 JSA 6E1230 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 20 Schedule A (Forhi 990 or 990-EZ) 2006 61 - 1 2 74 34 0 Fg-TIMM Lobbying Expenditures by Electing Public Charities (See page 10 of the instructions) Page 6 (To be completed ONLY by an eligible organization that filed Form 5768) NOT APPLICABLE Check ^ a if the organization belongs to an affiliated group Check ^ b if you checked "a" and "limited control" provisions apply Limits on Lobbying Expenditures Affiliated group To be completed totals for all electing (The term "expenditures" means amounts paid or incurred) 36 37 38 39 40 41 organizations Total lobbying expenditures to influence public opinion (grassroots lobbying) Total lobbying expenditures to influence a legislative body (direct lobbying) Total lobbying expenditures (add lines 36 and 37), , , , , , , , , , , , , , , , Other exempt purpose expenditures , , , , , , , , , , , , , , , , , , , , , , , , , Total exempt purpose expenditures (add lines 38 and 39) Lobbying nontaxable amount Enter the amount from the following table The lobbying nontaxable amount is - If the amount on line 40 is Not over $500 ,000 36 37 38 39 40 . , . , , , , , . , , , 20% of the amount on line 40 . , , , , , , , . Over $ 500,000 but not over $1,000 ,000 , , , $100 , 000 plus 15 % of the excess over $500,000 Over $1,000, 000 but not over $ 1,500 ,000 , , $175, 000 plus 10 % of the excess over $1 ,000,000 Over $1,500,000 but not over $17,000, 000 , , $225 , 000 plus 5 % of the excess over $1,500,000 Over$17,000,000 , $1,000,000 , , , , , , , , , , , 42 Grassroots nontaxable amount (enter 25% of line 41) 43 Subtract line 42 from line 36 Enter -0- if line 42 is more than line 36 44 Subtract line 41 from line 38 Enter -0- if line 41 is more than line 38 41 42 43 44 Caution : If there is an amount on either line 43 or line 44. you must file Form 4720 4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below See the instructions for lines 45 through 50 on page 13 of the instructions ) Lobbying Expenditures During 4-Year Averaging Period Calendar year ( or fiscal year beginning In ) ^ 46 Lobbying nontaxable amount Lobbying ceiling amount ( 150% of line 45 (e)) 47 Total lobbying expenditures 48 Grassroots nontaxable amount 45 ( a) (b) (c) (d) (e) 2006 2005 2004 2003 Total Grassroots ceiling amount 49 (150% of line 48(e)) 50 Grassroots lobbying expenditures . . Lobbying Activity by Nonelecting Public Charities NOT APPLICABLE (For reporting only by organizations that did not complete Part VI-A) (See page 13 of the instructions.) During the year, did the organization attempt to influence national , state or local legislation , including any attempt to influence public opinion on a legislative matter or referendum, through the use of a b c d e f g h i Yes No Amount Volunteers . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . Paid staff or management (include compensation in expenses reported on lines c through h) Media advertisements ,,,,,,,,,. Mailings to members, legislators, or the public, , , , , , , , , , , , , , , , , , , , , , , , , , , , , Publications, or published or broadcast statements , , Grants to other organizations for lobbying purposes Direct contact with legislators, their staffs, government officials, or a legislative body , , , , , , , , Rallies , demonstrations, seminars, conventions, speeches, lectures, or any other means , . , . , . Total lobbying expenditures (Add lines c through h ), , , , , , , , , , , , , , , , , , , , , , , , , , If "Yes" to any of the above, also attach a statement giving a detailed description of the lobbying activities JSA 6E 1240 2 000 09877P 2270 08/22/2007 Schedule A (Form 990 or 990-EZ) 2006 14:03:52 V06-7.3 FYE 3/31 21 Page 7 Schedule A ( Form 990 or 990-EZ) 2006 61-1274340 Information Regarding Transfers To and Transactions and Relationships With Noncharitable UTIM Exempt Organizations (See page 13 of the instructions.) Did the reporting organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? Yes No a Transfers from the reporting organization to a noncharitable exempt organization of (i) Cash ...................................................... a(ii) (ii) Other assets ........ X . ......................... b Other transactions (i) Sales or exchanges of assets with a noncharitable exempt organization . . . . . . . . . . . . . . . . . . . b(ii) (ii) Purchases of assets from a noncharitable exempt organization . . . . . . . . . . . . . . . . . . . . . . . . . X (iii) Rental of facilities, equipment, or other assets . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . (iv) Reimbursement arrangements . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . b(iv) X (v) Loans or loan guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (vi) Performance of services or membership or fundraising solicitations c Sharing of facilities, equipment, mailing lists, other assets, or paid employees . . . . . . . . . . . . . . . . . . . . 51 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 organization If the organization received less than fair market value in any 52a Is the organization directly or indirectly affiliated with, or related to , one or more tax-exempt organizations described in section 501(c) of the Code ( other than section 501(c)(3)) or in section 5279 , . . , . . . . . .. Yes ^X No Schedule A (Form 990 or 990-EZ) 2006 JSA 6E1250 2 000 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 22 61-1274340 'RESOt)RCE EDUCATION AND ADDISTANCE FOR FORM 990, PART I - OTHER INCREASES IN FUND BALANCES --------------------------------------------------AMOUNT DESCRIPTION 4,000. ------------ FORGIVENESS OF MORTGAGE LOAN TOTAL 4,000. STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 23 1 'RESOORCE EDUCATION AND ADDISTANCE FOR 61-1274340 FORM 990, PART II - SPECIFIC ASSISTANCE TO INDIVIDUALS ----------------------------------------------------------------------------------------------------------PROGRAM SERVICES -------- DESCRIPTION ----------ASSISTANCE TO INDIVIDUALS WITH DOWNPAYMENT 58,684. ON 30,000. HOMES AND CLOSING COSTS ---------88,684. TOTALS STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 24 2 'RESOURCE EDUCATION AND ADDISTANCE 61-1274340 FOR FORM 990, PART II, LINE 25A - CURRENT OFFICER COMPENSATION SCHEDULE ------------------------------------------------------------------------------------------------------------------------------------- CURRENT OFFICER NAME -------------------RICHARD MOLONEY TOTALS STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 25 3 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART II - OTHER EXPENSES ---------------------------------DESCRIPTION PROGRAM SERVICES TOTAL MISCELLANEOUS INSURANCE PROGRAM EXPENSES ADVERTISING REPAIRS AND MAINTENANCE UTILITIES PROFESSIONAL FEES PROFESSIONAL DEVELOPMENT 1,823. 296. 2,388. 2,248. 566. 1,339. 1,407. 1,171. TOTALS )')'70 no /77 /7nn-7 I A . n7. S7 z7nC-^r ) t'vc+ 688. 296. 1,135. 2,388. 2,248. 566. 1,339. 462. 945. 1,171. 8,453. 11,238. nno'7'7n MANAGEMENT AND GENERAL 7 /71 --------------2,785. 7C omrmz+ ARt.w7m A RESOL1RCE EDUCATION AND ADDISTANCE FOR 61-1274340 FORM 990, PART III - ORGANIZATION'S PRIMARY EXEMPT PURPOSE ---------------------------------------------------------TO PROVIDE KENTUCKY LOW INCOME HOUSING TO FIRST-TIME HOMEOWNERS IN CENTRAL STATEMENT 09877P 2270 08/22 /2007 14:03:52 V06-7.3 FYE 3/31 27 5 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR LAND, BUILDINGS, EQUIPMENT NOT HELD FOR INVESTMENT ACCUMULATED DEPRECIATION DETAIL FIXED ASSET DETAIL METHOD/ BEGINNING ENDING ASSET DESCRIPTION CLASS BALANCE ADDITIONS DISPOSALS --------------------- ------- ---------- ---------- - - --- ----- BEGINNING ENDING BALANCE ADDITIONS DISPOSALS ---------- ---------- ---------- ---------- BALANCE BALANCE -- -------- FILE CABINETS SL 1,208. 1,208. 726. 60. 786. ROOM DIVIDER'S SL 1,410. 1,410. 846. 70. 916. DESK SL 1,500. 1,500. 900. 75. 975. OFFICE FURNITURE SL 7,741. 7,741. 3,096. 387. 3,483. BUILD-RED MILE RD SL 188,584. 188,584. 8,251. 1,179. 9,430. LAND-RED MILE ROADL L 20,800. 20,800. HVAC SL 2,400. 2,400. 360. 60. 420. COMPUTERS SL 4,515. 4,515. 1,355. 226. 1,581. TELEPHONE SL 4,834. 4,834. 725. 121. 846. COPIER SL 341. TOTALS 6,821. 6,821. 682. ---------- -- -------- ---------- -- -------- 239,813. 239,813. 16,941. 19,460. 1,023. .RESObRCE EDUCATION AND ADDISTANCE 61-1274340 FOR FORM 990, PART IV - OTHER ASSETS -------------------------------BEGINNING BOOK VALUE DESCRIPTION PROPERTY HELD FOR RESALE TOTALS 109,154. --------------109,154. --------------- ENDING BOOK VALUE NONE --------------NONE --------------- STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 29 7 RESOURCE EDUCATION AND ADDISTANCE 61-1274340 FOR FORM 990, PART IV - DEFERRED REVENUE ----------------------------------------------------------------------BEGINNING BOOK VALUE DESCRIPTION DEFERRED REVENUE TOTALS 6,131. --------------6,131. --------------- ENDING BOOK VALUE 6, 131. --------------6,131. --------------- STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 30 8 (RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART LENDER: KHC 61-1274340 IV - MORTGAGES AND OTHER NOTES PAYABLE ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 81,750. 07/01/2001 07/01/2021 $4,087 ANNUAL PRINCIPAL, INTEREST QUARTERLY PROVIDS HOUSING FOR LOW INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ LENDER: NONE NONE --------------- KHC ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 166,500. 07/01/2000 07/01/2020 $8,325 ANNUAL PRINCIPAL, INTEREST QUARTERLY PROVIDES HOUSING FOR LOW INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 116,550. 116,550. --------------LENDER: KHC ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 218,880. 07/01/1999 07/01/2019 $10,944 ANNUAL PRINCIPAL, INTEREST QUARTERLY PROVIDES HOUSING FOR LOW INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ LENDER: KHC ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 10,594. 07/01/1998 07/01/2018 $530 PRINCIPAL ANNUALLY, PROVIDES HOUSING FOR LOW 142,272. 142,272. --------------- INTEREST QUARTERLY INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 6,362. 6,362. --------------- STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 31 9 (RESOURCE EDUCATION AND ADDISTANCE FOR LENDER: 61-1274340 KHC ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 68,400. 07/01/1997 07/01/2017 $3,420 PRINCIPAL PROVIDES HOUSING DUE ANNUALLY, INTEREST QUARTERLY FOR LOW INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 37,620. 37,620. --------------LENDER: KHC ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: SECURITY PROVIDED: PURPOSE OF LOAN: 500,000. 07/12/1999 04/01/2002 PRINCIPAL DUE AT MATURITY, INTEREST DUE QUARTERLY 7 HOUSES PURCHASE HOMES FOR LOW INCOME FAMILIES TO LEASE BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ LENDER: KHC ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 99,000. 06/12/2002 07/01/2023 $4,500 PRINCIPAL PAID ANNUALLY, INTEREST QUARTERLY TO PROVIDE HOUSING FOR LOW INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ LENDER: NONE NONE --------------- 72,000. 72,000. --------------- KHC ORIGINAL AMOUNT: INTEREST RATE: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 89,250. 1.000000 07/01/2003 07/01/2024 $4,462.5 PRINCIPAL DUE ANNUALLY, INTEREST QUARTERL TO PROVIDE HOUSING FOR LOW INCOME FAMILIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 75,863. 75,863. --------------- STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 32 10 (RESOURCE LENDER: EDUCATION AND ADDISTANCE 61-1274340 FOR KHC ORIGINAL AMOUNT: INTEREST RATE: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 60,000. 1.000000 07/01/2004 07/01/2024 $3,000 DUE ANNUALLY, INTEREST QUARTERLY TO PROVIDE LOW INCOME HOUSING BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ LENDER: KHC ORIGINAL AMOUNT: INTEREST RATE: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: PURPOSE OF LOAN: 46,500. 1.000000 07/01/2005 07/01/2025 $2,577 PAID ANNUALLY, APPLIED TO PRINCIPAL & INT. TO PROVIDE HOUSING FOR LOW INCOME FAMLIES BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ LENDER: 54,000. 54,000. --------------- 44,175. 44,175. --------------- LFUCG ORIGINAL AMOUNT: DATE OF NOTE: MATURITY DATE: REPAYMENT TERMS: SECURITY PROVIDED: PURPOSE OF LOAN: 80,000. 03/31/2005 03/31/2015 10% TO BE FORGIVEN ANNUALLY PROPERTY AT RED MILE ROAD PURCHASE PROPERTY ON RED MILE ROAD BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 68,000. 64,000. --------------LENDER: KHC ORIGINAL AMOUNT: INTEREST RATE: DATE OF NOTE: MATURITY DATE: 26,400. 1.000000 09/07/2006 09/01/2027 BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 11,880. 11,880. --------------- STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 33 11 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR LENDER: KHC ORIGINAL AMOUNT: INTEREST RATE: DATE OF NOTE: MATURITY DATE: 81,750. 1.000000 07/01/2001 07/01/2021 BEGINNING BALANCE DUE ..................................... ENDING BALANCE DUE ........................................ 61,312. 61,312. --------------- TOTAL BEGINNING MORTGAGES AND OTHER NOTES PAYABLE TOTAL ENDING MORTGAGES AND OTHER NOTES PAYABLE 690,034. 686,034. --------------- STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 34 12 RESOURCE EDUCATION AND ADDISTANCE 61-1274340 FOR FORM 990, PART IV-A - OTHER REVENUE ON BOOKS BUT NOT ON RETURN -------------------------------------------------------------- DESCRIPTION AMOUNT LOSSES ON SALE OF HOMES 1,321. --------------1,321. ----------------------------- TOTAL STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 35 13 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART V-A - CURRENT OFFICERS, 61-1274340 DIRECTORS, AND TRUSTEES CONTRIBUTIONS ---------------- TITLE AND TIME DEVOTED TO POSITION ------------------- GREG KESSINGER DIRECTOR NAME AND ADDRESS FIRST STATE FINANCIAL 3620 WALDEN DRIVE LEXINGTON, ------------ AND OTHER BENEFIT PLANS ------------- ALLOWANCES ---------- NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE 1.00 KY 40517 LUTHER DEATON SECRETARY CENTRAL BANK & TRUST COMPANY P.O. COMPENSATION EXPENSE ACCT TO EMPLOYEE 1.00 BOX 1360 LEXINGTON, KY 40588 SAMUEL BARNES DIRECTOR FIFTH THIRD BANK 250 W. MAIN STREET, SUITE 100 LEXINGTON, KY 40507 1.00 BOB CANADA DIRECTOR US BANK 1.00 2020 NICHOLASVILLE ROAD 40503 LEXINGTON, KY 40503 GARRY THROCKMORTON TREASURER REPUBLIC BANK & TRUST CO 601 W. MARKET STREET LOUISVILLE, KY 40202-2700 1.00 TERESA ISAAC DIRECTOR CITY OF LEXINGTON 200 E. 1.00 MAIN STREET 12TH FLOOR LEXINGTON, KY 40502-1890 NICK ROWE DIRECTOR 1.00 nnon,n nnnn nn /nn /nnnn I • . n'] . Cn -no- ^I a - n Ind 7L mm^mnasn %Tm I A 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR Ih FORM 990, PART V-A - CURRENT OFFICERS, DIRECTORS, AND TRUSTEES CONTRIBUTIONS TITLE AND TIME DEVOTED TO POSITION ------------------- NAME AND ADDRESS ---------------- COMPENSATION ------------ EXPENSE ACCT TO EMPLOYEE AND OTHER BENEFIT PLANS ------------- ALLOWANCES ---------- KENTUCKY AMERICAN WATER CO 2300 RICHMOND RD LEXINGTON, KY 40502-1890 NONE NONE NONE NONE NONE NONE DIRECTOR 1.00 NONE NONE NONE DIRECTOR NONE NONE NONE NONE NONE NONE NONE NONE NONE DIRECTOR WILLIAM SAVAGE II FIRST FEDERAL SAVINGS & LOAN 1.00 110 W. VINE STREET LEXINGTON, KY 40507 DIRECTOR DR. CHARLES WETHINGTON UNIVERSITY OF KENTUCKY 552 WILLIAM T. YOUNG LIBRARY LEXINGTON, 1.00 KY 40506-0456 WILLIAM ALVERSON TRATIONAL BANK 3720 PALOMAR CENTER, LEXINGTON, DR KY 40513 RODNEY MITCHELL 1.00 PARAMOUNT BANK 2424 HARRODSBURG ROAD, LEXINGTON, SUITE 100 KY 40503 DIRECTOR BILL ALLEN BANK OF THE BLUEGRASS 1.00 101 E. HIGH LEXINGTON, KY 40507 DIRECTOR HARRY RICHART NATIONAL CITY BANK P.O. BOX 14400 n nnn ^ n -- 1.00 ntl ,nn /nnn" , A . n7 - c, Tin/ ', -, -- , /9, '1-/ - mT+,.fl*,m I C 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART V-A - CURRENT OFFICERS, DIRECTORS, AND TRUSTEES CONTRIBUTIONS TITLE AND TIME NAME AND ADDRESS DEVOTED TO POSITION ------------------- ---------------LEXINGTON, AND OTHER BENEFIT PLANS ------------- ALLOWANCES ---------- KY 40412-4400 DIRECTOR RON ROUSEY WHITAKER BANK P.O. COMPENSATION ------------ EXPENSE ACCT TO EMPLOYEE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE NONE 14,538. NONE NONE NONE NONE NONE 1.00 BOX 55439 LEXINGTON, KY 40555 KATHI WHALEN DIRECTOR JPMORGAN CHASE BANK 416 W. JEFFERSON ST LOUSIVILLE, KY 40202 1.00 DIRECTOR MICHAEL WASSON COMMUNITY TRUST BANK 1.00 100 E. VINE STREE LEXINGTON, KY 40507 DIRECTOR KELLY CLEMENTS 1.00 PNC BANK 201 EAST FIFTH STREET CINCINNATI, OH 45202 EXECUTIVE DIRECTOR RICHARD MOLONEY 35.00 R.E.A.C.H. 733 RED MILE ROAD LEXINGTON, KY 40504 VICE CHAIR BRENDA WEAVER 1.00 FANNIE MAE 300 W. VINE ST SUITE 810 LEXINGTON, KY 40507 nnn^,^'n nn- no /nn /nnn, I A . n-). cf e •nf ^l 'l -- 9 /'] 1 90 - rnn.,ns,m I i 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART V-A - CURRENT OFFICERS, DIRECTORS, AND TRUSTEES CONTRIBUTIONS NAME AND ADDRESS ---------------- TITLE AND TIME DEVOTED TO POSITION ------------------- JEFF KOONCE DIRECTOR TO EMPLOYEE COMPENSATION ------------ BENEFIT PLANS ------------- EXPENSE ACCT AND OTHER ALLOWANCES ---------- NONE NONE NONE NONE NONE NONE NONE NONE NONE CHAIRMAN 1.00 NONE NONE NONE DIRECTOR NONE NONE NONE NONE NONE NONE 1.00 INTEGRA BANK 400 E. MAIN ST LEXINGTON, KY 40507 DIRECTOR TODD JOHNSON HOMEBUILDERS ASSOC. 1.00 OF LEXINGTON 3146 CUSTER DR LEXINGTON, KY 40517 DIRECTOR BUCKNER WOODFORD 1.00 KENTUCKY BANK P.O. BOX 157 PARIS, KY 40326-0157 BOB OSBOURNE MILESTONE REALTY CONSULTANTS PO BOX 12588 LEXINGTON, KY 40583 DANIEL DAVID 1.00 KENTUCKY UTILITIES ONE QUALITY STREET LEXINGTON, KY 40507 DIRECTOR DOUG HUTECHERSON 1.00 FIRST SECURITY BANK 318 E. MAIN STREET LEXINGTON, KY 40507 -- nn '1^ no / n•1 / n-a0 ' l 1 A - 0')- an a1I1r 'l '] raasra n /')I 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART V-A - CURRENT OFFICERS, DIRECTORS, AND TRUSTEES f CONTRIBUTIONS TITLE AND TIME NAME AND ADDRESS ---------------- nffn nn inn innn-i I • . nn . cn AND OTHER DEVOTED TO POSITION COMPENSATION BENEFIT PLANS ALLOWANCES ------------------- ------------ ------------- ---------- GRAND TOTALS nnan ^, .^ EXPENSE ACCT TO EMPLOYEE -nn '1 f -ter- f /fi' -------------- -------------- 14,538. -------------- NONE NONE --------------------------- -------------- An -------------- mm^mr+..n ^.m n 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART V-A COMPENSATION PROVIDED BY RELATED ORGANIZATION EMPLOYER ID # NAME, ORGANIZATION NAME , RELATIONSHIP ----------------------------------------------------- COMPENSATION ------------ CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS ------------- EXPENSE ACCT AND OTHER ALLOWANCES RICHARD MOLONEY R.E.A.C.H. RICHARD MOLONEY GRAND TOTALS -------------14,538. -------------NONE -------------NONE -------------- -------------- -------------- nno77n 777n no /77 /7nn7 1 A . n7. C7 17nc_7 7 L'vv 7 /71 A 1 omT mLv.cw,m I n 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR FORM 990, PART VII - PROGRAM SERVICE REVENUE DESCRIPTION EXCLUSION BUSINESS CODE AMOUNT CODE AMOUNT RELATED OR EXEMPT FUNCTION INCOME ---- ------ ---- ------ --------------NONE RENTAL PROPERTY CLOSING CONTRIBUTI 6,037. 40. 2,300. 1,022. COUNSELING CLIENTS CLOSING COSTS-LEX CREDIT REPORTS 239. MISCELLANEOUS ------------ -----------9,638. TOTALS AAn n^In fl nn An /nn /^l^A'l , . - A9. Cf1 r ', '] mm '7 /n, An - TT.-,m AA 61-1274340 'RESObRCE EDUCATION AND ADDISTANCE FOR FORM 990, PART VIII - ACCOMPLISHMENT OF EXEMPT PURPOSES LINE EXPLANATION OF HOW EACH ACTIVITY FOR WHICH INCOME IS REPORTED IN COLUMN (E) OF PART VII CONTRIBUTED NO. --- IMPORTANTLY TO THE ACCOMPLISHMENT OF EXEMPT PURPOSES ---------------------------------------------------- 93A LEASE INCOME IS RELATED TO THE LEASE OF HOUSES TO LOW INCOME FAMILIES 93B CLOSING CONTRIBUTIONS ARE FUNDS RECEIVED FROM FAMILIES FOR ASSISTANCE IN PURCHASE OF HOUSES COUNSELING IS NECESSARY FOR PROSPECTIVE LOW INCOME HOUSING OWNERS TO EDUCATE THEM ABOUT CREDIT MANAGEMENT TO ENABLE THEM TO OBTAIN MORTGAGES IN THE FUTURE. CLOSING COST LEXINGTON ARE FUNDS RECEIVED FROM FAMILIES FOR ASSISTANCE IN THE PURCHASE OF HOMES REACH HELPS CLIENTS COMPLETE CREDIT REPORTS WHICH ARE NECESSARY TO APPLY FOR HOME LOANS 93C 93D 93E 93F MISCELLANEOUS INCOME NOT REPORTED ELSEWHERE STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 43 21 61-1274340 RESOURCE EDUCATION AND ADDISTANCE FOR SCHEDULE A, PART I - COMPENSATION OF THE FIVE HIGHEST PAID EMPLOYEES TITLE AND TIME DEVOTED TO POSITION ------------------- NAME AND ADDRESS ---------------RICHARD MOLONEY 733 RED MILE ROAD LEXINGTON, KY 40504 EX. COMPENSATION ------------ 14,538. DIRECTOR CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS ------------- EXPENSE ACCOUNT NONE NONE NONE NONE 35.00 ---------TOTAL COMPENSATION /n00'7'7n 7')-71 n0 /')') /1)nn'7 1 A . n'1 . C') can G_'7 '] clv cl ') /'» 14,538. A A om 7% mVwRC'111m 77 'RESCbRCE EDUCATION AND ADDISTANCE FOR SCHEDULE A, 61-1274340 PART III - EXPLANATION FOR LINE 2D EXECUTIVE DIRECTOR'S POSITION IS A FULL-TIME SALARIED POSITION. RICHARD MOLONEY RECEIVED A SALARY OF $14,538 01/01/2007 THROUGH 03/31/2007. FOR THE SHORT PERIOD RETURN STATEMENT 09877P 2270 08/22/2007 14:03:52 V06-7.3 FYE 3/31 45 23 2006 RESOURCE EDUCATION AND ADDISTANCE FOR 61-1274340 Description of Property T DEPRECIATION Asset descri ption FILE CABINETS Date placed in service Unadjusted Cost or basis Bus % 1 , 208. 100.000 1 , 410. 100.000 1,500. 100.000 179 exp reduction in basis Basis Reduction Beginning Ending Accumulated Accumulated Medepreciation depreciation Cony 726. 786. SL 1 , 208. 846. 1 , 410. 916. SL 975. SL 900. 1,500. Basis for dep reciation Life MA Current-year ACR CRS 179 class class expense Current-year de p reciation ROOM DIVIDER'S DESK 12/31 / 2003 12/31/2003 12/31/2003 OFFICE FURNITURE 12/31 / 2004 BUILD-RED MILE RD 03/01 / 2005 7,741. 100.000 188 584. 100.000 LAND-RED MILE ROAD 03/01/2005 20 , 800. 100.000 HVAC 06/15 / 2005 2,400. 100.000 2 , 400. 360. 420. SL 0.000 COMPUTERS 4,515. 100.000 4 , 834. 100.000 1,355. 725. 1,581. SL 846. SL 60. 226. 0.000 121. COPIER 06/30/2006 6 , 821. 100.000 4 , 515. 4 , 834. 6 , 821. 5.000 TELEPHONE 06/15 / 2005 06/15 / 2005 682. 1 , 023. SL 5.000 341. 239 813. 219 013. 16 , 941. 19 460. 239 813. 219 013. 16 , 941. 19 , 460. 1 7 , 741. 31096. 188 584. 81251. 3 , 483, SL 9 , 430. SL 5.000 5.000 60. 70. 75. 5.000 0.000 1 , 179. 5.000 387. Less Retired Assets Subtotals . 2 , 519. Listed Pro p e rty Less Retired Assets Subtotals . ................ TOTALS . . . . . . . . . . . . . . . . . . 1 2 , 519. AMORTIZATION Asset descri ption TOTALS. *Assets Retired JSA 6X9024 1 000 Date placed in service Cost or basis Ending Accumulated Accumulated amortization amortization Code Life Current-year amortization Form 8868 Application for Extension of Time To File an Exempt Organization Return (Rev. December 2006) Department of the Treasury I OMB No 1545-1709 ^ File a separate application for each return. Internal Revenue Service • If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box • If you are filing for an Additional ( not automatic ) 3-Month Extension , complete only Part II (on page 2 of this form). Do notcom lete Part ll unless y ou have alread y been g ranted an automatic 3-month extension on a p reviously filed Form 8868. ^ U ff^ Automatic 3-Month Extension of Time . Only submit original ( no copies needed). Section 501 ( c)(3) corporations required to file Form 990-T and requesting an automatic 6-month extension - check this box ^ ❑ and complete Part I only . .... ... ...... .... .. .............. ... ...... .... .......... . All other corporations ( including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file income tax returns. Electronic Filing (e-file). Generally , you can electronically file Form 8868 if you want a 3-month automatic extension of time to file one of the returns noted below ( 6 months for section 501 ( c)(3) corporations required to file Form 990 -T). However , you cannot file Form 8868 electronically if (1) you want the additional ( not automatic ) 3-month extension or (2) you file Forms 990-BL, 6069, or 8870 , group returns , or a composite or consolidated From 990 -T. Instead, you must submit the fully completed and signed page 2 ( Part II) of Form 8868 . For more details on the electronic filing of this form , visit www. irs.gov/efileand click on e-file for Charities & Nonprofits. Type or Name of Exempt Organization RESOURCE print INC. COMMUNITY HOUSING , Number , street, and room or suite no If a P . O. box , see instructions File by the due date for EDUCATION AND Employer Identification number ASS ISTAN 61-1274340 733 RED MILE ROAD City, town or post office , state, and ZIP code . For a foreign address , see instructions. f,Iin9 your return See instructions . LEX I NGTON, KY 40504-1153 Check type of return to be filed (file a se arate application for each return): X Form 990 Form 990-T (corporation) Form 4720 Form 990-BL Form 990-T (sec. 401(a) or 408(a) trust) Form 5227 Form 990-EZ Form 990-T (trust other than above) Form 990-PF Form 1041-A H Form 6069 H Form 8870 The books are in the care of ^ • Telephone No. to, D'.J1 FAX No. ^ ^ If the organization does not have an office or place of business in the United States , check this box If this is for a Group Return , enter the organization ' s four digit Group Exemption Number ( GEN) • • for the whole group , check this box ^ F . If it is for part of the group , check this box names and EINs of all members the extension will cover. I request an automatic -mo th until is for the organization's return for: ^ 11110. calendar year tax year beginning 12 ^ ^ onths fora section 501(c)(3) corporation required to file Form 990-T) extension of time ,file the exempt organization return for the organization named above. The extension or I fo I -1 , Too r , and ending E] Initial return 3 ?j I If this tax year is for less than 12 months , check reason : 3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions. If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated tax payments made. Include an y p rior year overpayment allowed as a credit. Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, if required, deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System). See c , 2W7 . 0 Final return ® Change in accounting period 2 b El . If this is and attach a list with the 3a $ 3b $ -a !Y'I instructions. 3c $ Caution . If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions. For Privacy Act and Paperwork Reduction Act Notice, see Instructions . Form 8868 (Rev 12-2006) JSA OF8054 3 000 06-4.1 08/15/2007 15:06:29
