Wausau, Wisconsin · 2020-04-23 · $7,040 - painting, new appliances, concrete work & new porch William & Grace Peters; 2017-0010 124 Weston Ave; Wausau Bible Church $ 4,000.00 Nicolet

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvements

Brett Wahoske & Blake Gartmann 2016-0008 1401 N 2nd Street Benedictine Health System 15,000.00$ CoVantage Credit Union 6/15/2016 38,000.00$ 8%N

$26,000 - New Furnace, Air conditioning, additional of duct work, Bathroom Remodel, Addl electrical work, Front Porch Facelift & New light fixtures.

Heather Petrowski 2016-0017 1029 S 6th Ave Valley Communities Credit Union 11,000.00$ Valley Communities Credit Union 7/29/2016 85,000.00$ 15% Y $6,000 (DP funds)Kurt Ellison 2016-0013 413 Ruder Street Ellison & David Law 15,000.00$ Nicolet National Bank 7/15/2016 126,500.00$ 10% NTara Teske 2016-0034 1742 N 1st Ave Finishing Touch -$ Inlanta Mortgage, Inc. 11/11/2016 106,500.00$ 33% Y $5,800 (DP funds)Ashley Sternweis 2016-0020 523 N 8th Ave Azura Memory Care 9,000.00$ BMO Harris Bank 8/15/2016 106,000.00$ 23% Y $6,000 (DP funds)Hanna Yeager 2016-0016 1701 Fairmount Street River Valley Bank 15,000.00$ River Valley Bank 8/4/2016 129,900.00$ 17% N none

Jeremy & Carrie Marohl 2016-0021 1025 Everest Blvd The King Company 15,000.00$ Integrity First Bank 8/31/2016 382,900.00$ 12%N

$20,000 - exterior fully painted, landscaping, replaced some plumbing, fixed water damage

Steve & Becky Paul 2016-0014 407 Sturgeon Eddy Rd Steve 3 Auto Body & Custom 15,000.00$ Peoples State Bank 7/15/2016 201,000.00$ 8% NBrad Harvey & Kaylee Steele 2016-0032 1804 Fleming Street First Weber 10,000.00$ River Valley Bank 11/9/2016 135,662.50$ 14% N $411: including trim, doors & paintSamantha Wincentsen 2016-0035 1209 Stark Street Ruder Ware 15,000.00$ Wood Trust Bank 11/18/2016 125,900.00$ 13% N $4,000-5,000Tuan Uong & Hong Duong 2016-0038 17041 Patriot Dr Gloss Nail Bar 10,000.00$ First Bank Financial Centre 12/27/2016 350,000.00$ 36% N $3,930: including paint

Eric Lindman 2016-0018 2315 Elwood Blvd City of Wausau 15,000.00$ USAA Federal Savings Bank and/or the Secretary of Veterans Affairs 8/9/2016 238,000.00$ 13%

N$1,000 - paint & flooring

12 loans 145,000.00$ 2,025,362.50$

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvementsRobert Splinter 2017-0004 2002 Brandon Circle City of Wausau 10,000.00$ Associated Bank 3/31/2017 $255,000.00 20% N $7,040 - painting, new appliances, concrete work & new porchWilliam & Grace Peters 2017-0010 124 Weston Ave Wausau Bible Church 4,000.00$ Nicolet National Bank 5/26/2017 $97,000.00 17% Y ($6,000 DP funds) $6,000 - laminate flooring, carpet, painting, bathroom remodelJason Lor & Xia Xiong 2017-0012 406 N 8th Ave River Valley Bank 15,000.00$ River Valley Bank 6/5/2017 $96,000.00 11% N $1,050 - water heaterAlison Baxter 2017-0018 1411 Stark Street Wausau Window & Wall Systems 15,000.00$ CoVantage Credit Union 8/3/2017 $115,000.00 24% N $3,100 - electrical, floors & water heater ventingEdward Locke 2017-0022 3825 Troy Street City of Wausau 15,000.00$ Connexus Credit Union 9/25/2017 $110,000.00 13% N noneShawn & Leah Rock 2017-0027 2107 Zimmerman Street LineTec 15,000.00$ Inlanta Mortgage, Inc. 9/8/2017 $152,000.00 18% N $347 - paintingMatthew Nieland 2017-0026 1212 S 9th Ave Goal Line Golf & Hockey 1,000.00$ Cloverbelt Credit Union 9/8/2017 $100,500.00 25% Y ($9,000 NSP funds) none

Katarina Youngell & Samuel Lepinski 2017-0032 1009 N 1st Ave Alan Hougum Law 15,000.00$ Fairway Independent Mortgage Corporation 10/16/2017 $54,500.00 8%

N$160.50 - bathroom repairs

Patrick & Christina Revell 2017-0033 312 S. 68th Ave Church Mutual 10,000.00$ Nicolet National Bank 10/26/2017 $279,900.00 8% N - Danielle Gorski 2017-0034 822 Single Ave LineTec 9,000.00$ Inlanta Mortgage, Inc 10/31/2017 $74,900.00 22% Y ($6,000 DP funds) - Cassie Blaubach 2017-0037 219 Edwards Street Connexus Credit Union 15,000.00$ Inlanta Mortgage, Inc. $43,061.00 $63,150.00 10% NNathan Ross 2017-0038 410 S. 20th Street Greenheck Fan Corporation 10,000.00$ Intercity State Bank 11/30/2017 $203,000.00 20% N - Eric & Rebecca Borchardt 2017-0039 1024 Henrietta Street River Valley Bank 10,000.00$ River Valley Bank 12/8/2017 $108,500.00 14% N $2,000 - New flooringAndrew Wieland 2017-0040 1008 Elm Street River Valley Bank 10,000.00$ CoVantage Credit Union 12/8/2017 $103,500.00 23% N plan to paint and do floors right awayDavid Baraboo 2018-0002 104 N 6th Avenue CoVantage Credit Union 9,000.00$ CoVantage Credit Union 12/29/2017 $100,000.00 31% Y ($6,000 DP funds) plans to do flooring right awayElizabeth & Dylan Rasmussen 2018-0003 418 N 12th Street Treu's Tic Toc 15,000.00$ Marathon Employee Credit Union 12/29/2017 $65,000.00 8% NLonnie Young & Sydney Lillie 2018-0004 311 Oakwood Circle HOME Insulation Co. 15,000.00$ CoVantage Credit Union 12/29/2017 $140,000.00 29% N

17 loans TOTAL loans given out YTD 193,000.00$ $2,117,950.00

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvementsJohn & Calie Ninnemann 2018-0008 1106 Stark Street Greenheck Fan Corporation 15,000.00$ CoVantage Credit Union 2/2/2018 $102,500.00 15% painting & plan to do floorsAmanda Harris 2018-0010 226 Myron Street Aqua Finance 9,000.00$ CoVantage Credit Union 2/16/2018 $71,000.00 30% Y ($6,000 DP funds) plans to paint right awayCameron Royce & Kaitlin McCarthy 2018-0011 3419 N 12th Street Linetec 10,000.00$ CoVantage Credit Union 3/1/2018 $149,900.00 15% NNathan & Anna Kloth 2018-0013 902 Humboldt Avenue Olson Tire & Auto 15,000.00$ Cloverbelt Credit Union 3/15/2018 $85,000.00 14% Y ($6,000 DP)Sundee Dawsom 2018-0034 115 S 6th Avenue Wausau Coated Products 15,000.00$ CoVantage Credit Union 9/13/2018 $105,000.00 18% Y ($10,000 NSP)

TOTAL loans given out YTD 64,000.00$

5 loans TOTAL LIVE IT UP LOANS GIVEN OUT 402,000.00$ $513,400.00$4,656,712.50

TOTAL # of loans 34 "City" funds 402,000.00$ "City" funds 4,656,712.50$ TOTAL # of CDA loans 21 CDA funds 250,000.00$ CDA funds 2,702,176.00$ TOTAL # of Alexander loans 4 Alexander funds 54,000.00$ Alexander funds 397,900.00$

TOTAL LOANS 59 TOTAL AMOUNT FUNDED 706,000.00$ TOTAL VALUE OF HOMES 7,756,788.50$

Live it Up 2016

Live It Up 2017

Live It Up 2018

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvementsBradley & Megan Sippel 2018-0035 142 Eau Claire Boulevard City of Wausau 15,000.00$ US Bank 9/28/2018 172,500.00$ 13% - Adam & Kelley Little 2018-0036 727 Augusta Avenue North Central Health Care 15,000.00$ Marathon County Employee CU 10/5/2018 54,900.00$ 6% - Mark & Lauren Johnson 2018-0038 4407 & 4409 Forest Valley Road Greenheck Fan Corporation 10,000.00$ CoVantage Credit Union 10/17/2018 167,500.00$ 19% - $211 paintingSeth & Taylor Wescott 2018-0039 1011 Gilbert Street Aqua Finance 15,000.00$ American Financial Network 10/26/2018 154,000.00$ 28% - $600 paintingWangtong & Sia Her 2018-0042 1730 N 2nd Avenue Church Mutual 10,000.00$ US Bank 10/31/2018 217,000.00$ 19% - Jacob Peterson 2018-0046 723 E Bridge Street Aqua Finance 15,000.00$ River Valley Bank 11/21/2018 90,000.00$ 14% - Caleb Baumgartner & Kelsey O'Malley 2018-0047 913 E Union Avenue CoVantage Credit Union 15,000.00$ CoVantage Credit Union 11/28/2018 125,900.00$ 10% - Gregory Larson & Karen Larson 2018-0048 1014 N 8th Avenue River Valley Bank 15,000.00$ River Valley Bank 11/30/2018 77,000.00$ 12% - Whitney Deicher 2018-0049 810 Prospect Avenue Benedictine Health 9,000.00$ Inlanta Mortgage 12/6/2018 97,000.00$ 18% DP $6,000Yer Yang 2018-0052 1214 S. 11th Avenue Roastar/Wausau Coated Products 9,000.00$ Inlanta Mortgage 12/19/2018 85,000.00$ 19% DP $6,000Alexander Witt & Lynn Kelly 2018-0053 1224 Sunset Drive North Central Health Care 15,000.00$ Private Trust Mortgage 12/27/2018 127,526.00$ 9%Luis & Tammy Allard 2019-0001 208 Reservoir Avenue Linetec 15,000.00$ CoVantage Credit Union 12/28/2018 138,000.00$ 17% $183 painting

12 loans TOTAL CONTRIBUTIONS YTD 158,000.00$ 1,506,326.00$

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvementsErich M. Spangberg 2019-0003 401 Rosecrans Street Greenheck Fan Corporation 15,000.00$ CoVantage Credit Union 1/4/2019 120,000.00$ 12% - Windel Brown 2019-0007 710 N. 1st Avenue Linetec 15,000.00$ Accunet Mortgage, LLC 1/25/2019 91,950.00$ 14%Leng Xiong 2019-0008 107 S. 36th Avenue Greenheck Fan Corporation 4,000.00$ CoVantage Credit Union 1/22/2019 175,000.00$ 30% DP $6,000David & Courtney Derus 2019-0009 1720 Crestview Drive North Central Health Care 10,000.00$ River Valley Bank 2/1/2019 295,000.00$ 19% - Jose R. Quiroz Ferrioli & Blanca Morales 2019-0012 3217 Seymour Lane North Central Health Care & Crystal Finishings 10,000.00$ CoVantage Credit Union 2/22/2019 152,000.00$ 11%Elizabeth Pritzl & Jared Stoiber 2019-0013 1233 Plumer Street CoVantage Credit Union 9,000.00$ CoVantage Credit Union 2/28/2019 99,000.00$ 19% DP $6,000Michael & Tiffany Brown 2019-0014 936 S. 9th Avenue Greenheck Fan Corporation 15,000.00$ First Centennial Mortgage 3/15/2019 89,000.00$ 14%Andrew Meinel 2019-0015 909 Park Avenue YMCA 9,000.00$ Cloverbelt Credit Union 3/22/2019 91,900.00$ 13% DP $6,000Jodi Bauer 2019-0024 512 West St UMR 5,000.00$ CoVantage Credit Union 7/8/2019 82,000.00$ 16% HOME $5,000

9 loans

1,195,850.00$ TOTAL CONTRIBUTIONS YTD 92,000.00$ 2,702,176.00$

TOTAL # of CDA loans 21

Bi-Annual Repayment Transfers - 12/16-6/15 and 6/16-12/15 250,000.00$ TOTAL CDA LOANS

Funds Committed BUT not Closed yet

-$ TOTAL COMMITTED FUNDS

Live it Up 2018 - CDA $250,000 Program Commitment

250,000.00$

Live it Up 2019 - CDA $250,000 Program Commitment

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvementsKao Khang 20190030 408 N. 5th Ave, Wausau Greenheck 9,000.00$ Cardinal Financial 9/12/2019 105,000.00$ 20% HOMEAlfred & Monica Buch 20190035 918 Kickbusch St, Wausau City of Wausau 15,000.00$ CoVantage Credit Union 10/28/2019 131,000.00$ 9%Christopher Schleyer 20190036 1139 S 10th Ave, Wausau Optum Rx 15,000.00$ US Bank 12/13/2019 89,900.00$ 15%Rachel Ducat 20200001 817 E Bridge St, Wausau PAW Health Network 15,000.00$ CoVantage Credit Union 12/31/2019 72,000.00$ 15%

4 loans

TOTAL CONTRIBUTIONS YTD 54,000.00$ $397,900

Customer Loan # Address Employer Loan Amount Financial Institution Used Closing Date Purchase Price Housing % Other programs used Home improvements

loans

TOTAL CONTRIBUTIONS YTD -$ $0

*Make sure mortgage and note say CDA on them* Funds Remaining: 46,000.00$

Funds Committed BUT not Closed yet

-$ TOTAL COMMITTED FUNDS

Live it Up 2019 - CDA/Alexander Foundation $100,000 Program Commitment

Live it Up 2020 - CDA/Alexander Foundation $100,000 Program Commitment

Company Name Amount Year 2020 Loans 2019 Loans 2018 Loans 2017 Loans 2016 Loans TOTALAssociated Bank 3,000.00$ 11/5/2019 0River Valley Bank Foundation 2,000.00$ 10/15/2019 0PAW Health Network 2,500.00$ 9/7/2019 1 1

2016 2017 2018 2019 2020 Old Castle Building 100.00$ 5/13/2019 0CoVantage Credit Union 2,500.00$ 5/10/2019 1 1

City Funds 150,000.00$ 233,000.00$ -$ -$ UMR 800.00$ 4/23/2019 2 2CDA Funds -$ -$ 250,000.00$ -$ WPS Foundation 1,000.00$ 3/25/2019 0

Alexander Funds -$ -$ -$ 100,000.00$ YMCA 500.00$ 2/20/2019 1 1 Business Donations 16,515.00$ 18,980.00$ 7,050.00$ 15,400.00$ Emmerich & Associates 2,500.00$ 1/31/2019 0

DP/HOME Funds/NSP 17,800.00$ 27,000.00$ 22,000.00$ 29,000.00$ Valley Communities Credit Union 500.00$ 1/18/2019 0 Loan Repayments 3,949.69$ 16,685.44$ 26,196.57$ 65,528.72$ Valley Communities Credit Union 200.00$ 12/10/2018 0

Crystal Finishing Systems, Inc. 500.00$ 11/16/2018 0.5 0.5TOTAL 188,264.69$ 295,665.44$ 305,246.57$ 209,928.72$ -$ Accounting Systems Specialists, Inc. 1,000.00$ 10/30/2018 0

999,105.42$ Intermission 100.00$ 9/27/2018 0Donations River Valley Bank Foundation 2,000.00$ 8/23/2018 1 1

2019 12,400.00$ Wausau Coated Products 1,000.00$ 8/9/2018 2 22018 7,050.00$ L&S Electric, Inc. 250.00$ 2/20/2018 02017 18,980.00$ Merrill Steel 1,000.00$ 2/12/2018 02016 16,515.00$ County Materials (Sonnentag Foundation, Ltd.) 1,000.00$ 2/7/2018 0

TOTAL 54,945.00$ Olson Tire & Auto Services, Inc. 500.00$ 12/27/2017 1 1Major Industries 250.00$ 12/18/2017 0Home Insulation Company 200.00$ 11/6/2017 1 1Northcentral Health Care 1,000.00$ 10/23/2017 1.5 2 3.5Treu's Tic Toc 400.00$ 10/10/2017 1 1Cassie Blaubach/Connexus CU 100.00$ 10/4/2017 1 1Shelley Peterson/Trillium Adult Family Home 250.00$ 10/4/2017 0Goetsch's Welding & Machine 300.00$ 9/26/2017 0Greenheck Fan Corporation 500.00$ 9/26/2017 4 2 1 7JAS Construction 250.00$ 9/26/2017 0S.C. Swiderski, LLC 100.00$ 9/26/2017 0CoVantage Credit Union 5,000.00$ 9/21/2017 1 1 2Church Mutual 250.00$ 9/11/2017 1 1 2Goal-Line Golf and Hockey 100.00$ 8/17/2017 1 1Jerry's Music 100.00$ 7/11/2017 0Alan Hougum 100.00$ 7/5/2017 1 1Anonymous (Vitality Wellness - Kristie Pellitteri) 80.00$ 7/5/2017 0Emmerich & Associates 2,500.00$ 6/19/2017 0Aqua Finance Inc 2,000.00$ 5/19/2017 3 3River Valley Bank Foundation 5,000.00$ 3/14/2017 3 3Gloss Nail Bar 200.00$ 10/11/2016 1 1First Weber Foundation 2,500.00$ 9/29/2016 1 1Apogee Services - Linetec 400.00$ 9/21/2016 1 2 2 5Emmerich & Associates 2,500.00$ 8/23/2016 0Jarp Industries 250.00$ 8/23/2016 0Southern Stretch Forming - Wisconsin 250.00$ 8/23/2016 0Wausau Bible Church 100.00$ 8/2/2016 1 1

40 The Glass Hat 300.00$ 7/25/2016 0The King Company 200.00$ 7/5/2016 1 1Azura Memory Care 20.00$ 6/20/2016 1 1Ruder Ware 750.00$ 6/10/2016 1 1Ellison & David LLP 200.00$ 6/6/2016 1 1Steve 3 Autobody & Custom 100.00$ 6/2/2016 1 1Wausau Window and Wall Systems 1,000.00$ 5/31/2016 1 1Valley Communities Credit Union 50.00$ 5/16/2016 1 1Dental Crafters 200.00$ 5/13/2016 0Tammera A. Schumann L.M.T. 50.00$ 5/3/2016 0River Valley Bank Foundation 5,000.00$ 4/29/2016 1 1Major Industries 500.00$ 4/22/2016 0Finishing Touch 25.00$ 4/18/2016 1 1Benedictine Health System 500.00$ 4/14/2016 1 1 2City of Wausau 420.00$ 3/24/2016 1 1 2 1 5CGI 1,000.00$ 2016 0

TOTAL CONTRIBUTIONS YTD 57,945.00$ 13 17 17 12 59

Fund Sources Employer Contributions

Low Rent (46 Scattered

Sites)Voucher(Sec 8)

RiverviewTerrace

Business Activity **

Business Activity II Redevelopment

Entity WideTotal

Entity Wide 2018Total

(Fund 01) (Fund 02) (Fund 12) (Fund 15) (Fund 17) (Fund 16)ASSETS

Cash'1111 Cash - Unrestricted 3,392.13 369,103.84 399,853.93 2,855,849.80 0.00 81,744.49 3,709,944.19 3,720,141.51'1117 Petty Cash 75.00 25.00 0.00 0.00 0.00 0.00 100.00 100.00'1118 Change Fund 20.00 0.00 0.00 0.00 0.00 0.00 20.00 20.00'1162 General Fund Investments 1,085,421.34 0.00 0.00 0.00 402,158.74 0.00 1,487,580.08 1,400,524.72

Total Cash 1,088,908.47 369,128.84 399,853.93 2,855,849.80 402,158.74 81,744.49 5,197,644.27 5,120,786.23

Accounts Receivable1121 Accounts Receivable- Fraud 0.00 1,090.00 0.00 0.00 0.00 0.00 1,090.00 2,358.60'1122 Accounts Receivable - Tenants 252.44 0.00 0.00 0.00 0.00 0.00 252.44 157.051125 Accounts Receivable - HUD 570.00 0.00 0.00 0.00 0.00 0.00 570.00 0.001129 Accounts Receivable - Other 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.001128 Accounts Receivable - Other 0.00 0.00 4,639.32 0.00 0.00 0.00 4,639.32 5,870.16'1145 Accrued Interest Receivable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Accounts Receivable 822.44 1,090.00 4,639.32 0.00 0.00 0.00 6,551.76 8,385.81

Other Current Assets1210 Prepaid Expenses 1,056.26 1,056.26 4,155.26 0.00 0.00 0.00 6,267.78 2,010.00'1211 Prepaid Insurance 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00'1295 Interfund due to/from 0.00 0.00 0.00 0.00 5,326.94 0.00 5,326.94 2,523.87

Total Other Current Assets 1,056.26 1,056.26 4,155.26 0.00 5,326.94 0.00 11,594.72 4,533.87

Noncurrent Assets1350 CDA Mortgage Sale 0.00 0.00 0.00 0.00 0.00 11,776.88 11,776.88 15,289.81'1400 Land/Structures/Equip Less Accum. Deprn 3,654,548.30 1,935.76 1,842,500.60 60,000.00 0.00 0.00 5,558,984.66 5,572,249.541500 Note Receivables 3,572,783.12 0.00 0.00 295,429.61 0.00 0.00 3,868,212.73 3,826,239.431600 Investment in Tax Credits 174,757.32 0.00 0.00 0.00 0.00 0.00 174,757.32 174,756.48

Total Noncurrent Assets 7,402,088.74 1,935.76 1,842,500.60 355,429.61 0.00 11,776.88 9,613,731.59 9,588,535.26

TOTAL ASSETS 8,492,875.91 373,210.86 2,251,149.11 3,211,279.41 407,485.68 93,521.37 14,829,522.34 14,722,241.17

Wausau Community Development Authority

December 31, 2019Balance Sheet

LIABILITIESAccounts Payable

2110 Bank Overdraft 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00'2111 Accounts Pay. Vendors & Contractors 633.37 945.50 21,730.48 0.00 968.50 5,786.66 30,064.51 21,549.22'2114 Tenants Security Deposits 21,425.00 0.00 9,928.00 0.00 0.00 0.00 31,353.00 30,219.002118 A/P HUD 0.00 91.50 0.00 0.00 0.00 0.00 91.50 1,559.18'2119 Other Accounts Payable 13,647.30 7,993.58 2,806.91 0.00 3,268.97 0.00 27,716.76 3,646.54

Total Accounts Payable 35,705.67 9,030.58 34,465.39 0.00 4,237.47 5,786.66 89,225.77 56,973.94

Accrued Liabilities'2134 Accrued Compensated Absences 19,201.47 2,057.32 4,112.83 0.00 11,732.94 0.00 37,104.56 33,966.282136 Other Accrued Liabilities 503.70 0.00 2,833.82 0.00 0.00 0.00 3,337.52 3,383.38'2137 Payment in Lieu of Taxes 12,255.63 0.00 5,288.49 0.00 0.00 0.00 17,544.12 17,717.79'2145 Inter program due (to/from) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00'2240 Tenants Prepaid Rents 223.00 0.00 0.00 0.00 0.00 0.00 223.00 0.00'2290 Unearned Revenue 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Accrued Liabilities 32,183.80 2,057.32 12,235.14 0.00 11,732.94 0.00 58,209.20 55,067.45

Longterm Liabilities2319 Business Loans 750,000.00 0.00 0.00 100,000.00 0.00 0.00 850,000.00 750,000.002600 Deferred Inflows of Resources 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Longterm Liabilities 750,000.00 0.00 0.00 100,000.00 0.00 0.00 850,000.00 750,000.00

TOTAL LIABILITIES 817,889.47 11,087.90 46,700.53 100,000.00 15,970.41 5,786.66 997,434.97 862,041.39

NET POSITIONNet Postion

'2700 Income & Expense Summary 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00'2802 Invested in Capital Assets 3,654,548.30 1,935.76 1,842,500.60 60,000.00 0.00 0.00 5,558,984.66 5,572,249.54'2810 Unrestricted & Restricted Net Position 4,020,438.14 360,187.20 361,947.98 3,051,279.41 391,515.27 87,734.71 8,273,102.71 8,287,950.242830 Tax Credit Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total Net Position 7,674,986.44 362,122.96 2,204,448.58 3,111,279.41 391,515.27 87,734.71 13,832,087.37 13,860,199.78

NET POSITION & LIABILITIES 8,492,875.91 373,210.86 2,251,149.11 3,211,279.41 407,485.68 93,521.37 14,829,522.34 14,722,241.17

*** The Business Activity column consists of the fund that are the proceeds from the sale of Kannenberg to the Kannenberg LLC tax credit.When the property was sold, funds became unrestricted and can be used however PHA decides to use them.

= Voucher, Redevelopment, and Business Activities I & II

2019 Quarterly 2019 YTD

2019Budget

2018 Quarterly 2018 YTD

2018Budget

REVENUESTenant Revenue

'3420 Tenant Revenues - Rent 60,048.00 236,093.00 246,000.00 60,071.00 237,925.72 250,000.00'3420 Tenant Revenues - Rent 0.00 0.00 0.00 0.00 0.00 0.00

Housing Assistance Pymt 0.00 0.00 0.00 0.00 0.00 0.00Housing Assistance Pymt 0.00 0.00 0.00 0.00 0.00 0.00

'3421 Tenant Rent - Vacancy Loss 0.00 0.00 0.00 0.00 0.00 0.00'3421 Tenant Rent - Vacancy Loss 0.00 0.00 0.00 0.00 0.00 0.00'3422 Tenant Revenue - excess utlities 869.37 3,669.01 3,100.00 751.80 3,010.64 2,500.00'3422 Tenant Revenue - excess utlities 0.00 0.00 0.00 0.00 0.00 0.00

Total Tenant Revenue 60,917.37 239,762.01 249,100.00 60,822.80 240,936.36 252,500.00

Other Revenue3410 Revenue - HUD 0.00 0.00 0.00 0.00 0.00 0.003410 Revenue - HUD 394,214.00 1,493,107.00 209,000.00 193,268.00 1,515,760.00 1,110,540.00'3430 Interest Income 21,619.71 90,857.66 69,800.00 22,061.94 80,892.18 62,900.00'3430 Interest Income 19,813.12 86,013.14 2,100.00 17,783.01 58,242.17 700.00'3435 Restricted Interest Income 0.00 0.00 0.00 0.00 0.00 0.00'3435 Restricted Interest Income 0.00 0.00 0.00 0.00 0.00 0.00

Gain/loss on sale of equipment -1,521.72 -1,521.72 0.00 -75.49 -75.49 0.00Gain/loss on sale of equipment 0.00 0.00 0.00 0.00 0.00 0.00

'3440 Other Charges for Services 3,485.01 13,233.30 11,400.00 1,503.79 9,974.43 10,400.00'3440 Other Charges for Services 0.00 0.00 0.00 0.00 0.00 0.003450 Fraud Recovery 0.00 0.00 0.00 0.00 0.00 0.003450 Fraud Recovery 426.00 792.00 1,000.00 720.00 1,512.00 2,880.003480 Other Revenue 1,890.00 10,690.13 5,300.00 1,374.48 5,376.76 4,780.003480 Other Revenue 46,989.83 71,357.02 0.00 7,666.86 129,274.34 0.00

Port In Hap & Admin 0.00 0.00 0.00 0.00 11,261.62 27,020.003690 CFP Operations 0.00 32,000.00 36,000.00 0.00 37,000.00 30,000.003691 Operating Subsidy 31,417.00 123,706.00 120,000.00 32,674.00 125,130.00 110,000.003691 Operating Subsidy 0.00 0.00 0.00 0.00 0.00 0.003691 Cash Receipts from Section 8 30,619.00 121,547.00 127,000.00 31,234.00 124,032.00 132,000.00

Wausau Community Development Authority - Entity WideIncome Statement

December 31, 2019

3691 Developer Fees 0.00 0.00 0.00 0.00 0.00 0.003692 Insurance Proceeds/VNA Charges to Tenants 65,513.65 265,960.23 286,000.00 66,091.31 268,799.93 296,000.003692 Insurance Proceeds/VNA Charges to Tenants 0.00 0.00 0.00 0.00 0.00 0.00

Total Other Revenue 614,465.60 2,307,741.76 867,600.00 374,301.90 2,367,179.94 1,787,220.00

TOTAL REVENUES 675,382.97 2,547,503.77 1,116,700.00 435,124.70 2,608,116.30 2,039,720.00

EXPENSES

Administrative Expenses4110 Administration Salaries 12,417.68 68,901.18 71,200.00 16,768.26 75,350.06 82,000.004110 Administration Salaries 23,788.35 99,873.77 62,000.00 20,802.00 86,823.40 51,800.004120 Advertising and Marketing 1,599.00 4,892.58 4,600.00 1,292.00 3,670.99 3,200.004120 Advertising and Marketing 0.00 425.60 500.00 0.00 414.20 500.004130 Legal Expense 0.00 0.00 1,000.00 0.00 0.00 1,000.004130 Legal Expense 0.00 0.00 0.00 0.00 0.00 0.004140 Staff Training 99.00 2,174.00 1,500.00 0.00 780.00 1,500.004140 Staff Training 0.00 905.00 1,800.00 975.00 2,815.00 1,600.004150 Travel 1,543.24 2,260.52 2,300.00 839.69 1,322.57 2,000.004150 Travel 835.12 835.12 2,000.00 342.68 1,803.74 1,400.004160 Office Expense -455.68 8,073.07 11,700.00 1,288.01 7,560.47 12,000.004160 Office Expense 60,429.78 123,287.85 7,500.00 21,186.28 47,425.22 7,000.004170 Accounting Fees 1,628.00 7,456.00 8,250.00 1,586.00 7,918.00 8,000.004170 Accounting Fees 1,482.00 7,066.00 5,500.00 1,001.00 7,788.00 5,400.004171 Audit Fees 0.00 6,675.00 6,675.00 0.00 7,050.00 7,100.004171 Audit Fees 0.00 6,850.00 2,500.00 0.00 4,950.00 2,100.004182 Empl. Benefit Contrib. -Admin 9,293.57 39,798.10 41,700.00 10,358.00 43,783.99 45,000.004182 Empl. Benefit Contrib. -Admin 9,445.80 40,703.79 21,000.00 8,897.51 33,967.87 13,500.00

Empl. Benefit Contrib. -Maint 0.00 0.00 0.00 0.00 0.00 0.00Empl. Benefit Contrib. -Maint 0.00 0.00 0.00 0.00 0.00 0.00

4190 Other Admin and Sundry 465.89 1,582.28 3,400.00 1,017.88 2,701.91 3,300.004190 Other Admin and Sundry 0.00 693.11 900.00 20.00 805.00 300.004191 Telephone 687.01 2,758.55 3,500.00 684.87 3,058.53 4,000.004191 Telephone 253.49 999.61 1,000.00 632.60 951.59 0.00

Recreation - Social Act. 0.00 0.00 0.00 0.00 0.00 0.004195 Outside Mgt Fees 0.00 0.00 0.00 0.00 0.00 0.004195 Outside Mgt Fees 0.00 0.00 0.00 0.00 0.00 0.00

Total Administrative Expenses 123,512.25 426,211.13 260,525.00 87,691.78 340,940.54 252,700.00

Tenant Services Expenses4210 Tenant Services Salaries 0.00 0.00 0.00 0.00 0.00 0.004210 Tenant Services Salaries 0.00 0.00 0.00 0.00 0.00 0.00

4220 Rec. Pub., and Other 1,747.41 2,956.21 3,800.00 1,491.31 3,016.41 3,700.004220 Rec. Pub., and Other 0.00 0.00 0.00 0.00 0.00 0.00

Recreation - Social Act. 0.00 0.00 0.00 0.00 0.00 0.00Recreation - Social Act. 0.00 0.00 0.00 0.00 0.00 0.00

4221 Tenant Store Expenses 0.00 0.00 0.00 0.00 0.00 0.004221 Tenant Store Expenses 0.00 0.00 0.00 0.00 0.00 0.004230 Contract Costs/VNA Expenses 110,929.50 352,264.25 363,480.00 129,148.50 346,624.00 358,460.004230 Contract Costs/VNA Expenses 0.00 0.00 0.00 0.00 0.00 0.00

Total Tenant Services Expenses 112,676.91 355,220.46 367,280.00 130,639.81 349,640.41 362,160.00

Utility Expenses4310 Water 3,817.51 11,303.80 11,600.00 4,029.05 11,145.32 11,520.004310 Water 0.00 0.00 0.00 0.00 0.00 0.004320 Electricity 8,019.29 24,966.06 33,000.00 8,093.80 26,487.28 35,100.004320 Electricity 141.42 467.75 0.00 144.77 739.24 0.004330 Gas 4,086.75 10,913.58 11,100.00 4,274.66 10,791.32 11,100.004330 Gas 0.00 0.00 0.00 0.00 0.00 0.004360 Sewer 5,071.71 14,619.60 14,200.00 4,625.84 12,880.96 14,200.004340 Sewer 0.00 0.00 0.00 0.00 0.00 0.004390 Other Utilities Expense 922.12 2,517.76 2,750.00 900.41 2,453.60 2,550.004390 Other Utilities Expense 0.00 0.00 0.00 0.00 0.00 0.00

Total Utility Expenses 22,058.80 64,788.55 72,650.00 22,068.53 64,497.72 74,470.00

Maintenance Expenses4410 Maint. Labor 16,801.12 69,783.14 66,800.00 14,623.32 64,116.97 64,000.004410 Maint. Labor 1,187.50 4,851.13 4,500.00 983.46 4,301.18 4,360.004420 Maint. Materials 7,120.51 19,717.67 21,000.00 5,104.23 20,882.07 21,000.004420 Maint. Materials 0.00 0.00 0.00 0.00 0.00 0.004430 Maintenance Contracts 9,984.07 41,744.28 40,590.00 5,226.50 37,109.46 37,680.004430 Maintenance Contracts 0.00 0.00 0.00 0.00 0.00 0.004431 Garbage & Trash Removal 569.35 2,589.82 2,400.00 492.80 2,154.28 2,000.004431 Garbage & Trash Removal 0.00 0.00 0.00 0.00 0.00 0.004433 Empl. Benefit Contr. Maint. 6,120.70 24,821.63 25,100.00 6,016.60 24,944.12 25,200.004433 Empl. Benefit Contr. Maint. 169.28 711.91 700.00 156.56 684.51 680.00

Misc. Operating Expenses 0.00 0.00 0.00 0.00 0.00 0.00Misc. Operating Expenses 0.00 120.00 0.00 0.00 0.00 0.00Total Maintenance Expenses 41,952.53 164,339.58 161,090.00 32,603.47 154,192.59 154,920.00

Protective Services Expenses

4460 Labor 0.00 0.00 0.00 593.75 593.75 0.004460 Labor 0.00 0.00 0.00 0.00 0.00 0.004470 Materials 0.00 0.00 0.00 597.66 597.66 0.004470 Materials 0.00 0.00 0.00 0.00 0.00 0.004480 Contract Costs 1,181.75 3,506.00 3,850.00 1,053.19 3,309.76 3,650.004480 Contract Costs 0.00 0.00 0.00 0.00 0.00 0.00

Total Protective Services 1,181.75 3,506.00 3,850.00 2,244.60 4,501.17 3,650.00

Other General Expenses4510 Insurance Expense 8,964.45 10,539.10 11,225.00 8,058.35 9,949.92 12,585.004510 Insurance Expense 3,593.83 5,184.18 2,800.00 1,840.73 3,211.66 3,300.004520 Payment in Lieu of Taxes 3,900.00 17,544.12 17,400.00 3,889.90 17,717.79 17,805.004520 Payment in Lieu of Taxes 0.00 0.00 0.00 0.00 0.00 0.004570 Collection Losses 1,337.60 -1,646.30 500.00 879.36 -1,819.10 1,000.004570 Collection Losses 0.00 0.00 1,000.00 566.00 566.00 2,300.004590 Other General Expense 0.00 0.00 0.00 0.00 0.00 0.004590 Other General Expense 257.34 658.59 0.00 182.37 1,139.83 1,200.00

Gain/Loss on Investments 0.00 0.00 0.00 0.00 0.00 0.00Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00

4595 Compensated Absences 1,788.92 1,788.92 0.00 3,626.51 3,626.51 0.004595 Compensated Absences 873.63 1,349.36 0.00 1,792.50 1,792.50 0.00

Total Other General Expenses 20,715.77 35,417.97 32,925.00 20,835.72 36,185.11 38,190.00

Extraordinary/Casualty Loss Expenses4610 Labor 0.00 0.00 5,000.00 0.00 6,216.10 5,200.004610 Labor 0.00 0.00 0.00 0.00 0.00 0.004620 Labor 0.00 0.00 0.00 0.00 0.00 0.004620 Labor 0.00 0.00 0.00 0.00 0.00 0.00

Total Extraordinary/Casualty Loss 0.00 0.00 5,000.00 0.00 6,216.10 5,200.00

Housing Assistance Payments4715 Hap Expenses 348,232.00 1,322,638.00 0.00 324,804.00 1,283,910.00 1,015,000.00

Total Hap expenses 348,232.00 1,322,638.00 0.00 324,804.00 1,283,910.00 1,015,000.00

Depreciation Expense4800 Depre Expense - PHA Funded 90,893.49 337,808.49 330,800.00 88,132.73 329,197.73 321,420.004800 Depre Expense - PHA Funded 141.01 1,041.01 1,280.00 273.96 1,173.96 1,180.00

Total Depreciation Expense 91,034.50 338,849.50 332,080.00 88,406.69 330,371.69 322,600.00

TOTAL OPERATING EXPENSES 761,364.51 2,710,971.19 1,235,400.00 709,294.60 2,570,455.33 2,228,890.00

Change in Net Position -85,981.54 -163,467.42 -118,700.00 -274,169.90 37,660.97 -189,170.00

Prior Year Adjustments6010 Prior Year Adjustments 0.00 0.00 0.00 0.00 0.00 0.006010 Prior Year Adjustments 0.00 0.00 0.00 0.00 2,382.26 0.00

Total Prior Year Adjustments 0.00 0.00 0.00 0.00 2,382.26 0.00

Equity Transfers9116 Equity Transfers 0.00 0.00 0.00 0.00 0.00 0.009116 Equity Transfers 0.00 0.00 0.00 0.00 0.00 0.00

Total Equity Transfers 0.00 0.00 0.00 0.00 0.00 0.00

NET INCOME/LOSS -85,981.54 -163,467.42 -118,700.00 -274,169.90 35,278.71 -189,170.00

RIVERVIEW TOWERS LLC

FINANCIAL STATEMENTS

For the Accounting Period Ending December 31, 2019

To the Members Riverview Towers LLC Wauau, WI The members are responsible for the accompanying financial statements of Riverview Towers LLC (“Project”), which comprise the balance sheet as of December 31, 2019, and the related statement of operations for the one month and year then ended in accordance with accounting principles generally accepted in the United States of America. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services promulgated by the Accounting and Review Services Committee of the AICPA. We did not audit or review the financial statements, nor were we required to perform any procedures to verify the accuracy or completeness of the information provided by the members. Accordingly, we do not express an opinion, a conclusion, nor provide any form of assurance on these financial statements. The members have elected to omit the statement of cash flows and substantially all of the disclosures required by accounting principles generally accepted in the United States of America. If the statement of cash flows and omitted disclosures were to be included in the financial statements, they might influence the user’s conclusions about the Project’s financial position, result of operations, and cash flows. Accordingly, the financial statements are not designed for those who are not informed about such matters. The accompanying budget of the Project for the year ending December 31, 2019, has not been compiled or examined by us, and, accordingly, we do not express an opinion or any other form of assurance on it. The partners have elected to omit the summaries of significant assumptions and accounting policies required under established guidelines for presentation of prospective financial statements. If the omitted summaries were included in the budgeted information, they might influence the user’s conclusions about the Project’s budgeted information. Accordingly, this budgeted information is not designed for those who are not informed about such matters. We are not independent with respect to the Project.

La Crosse, Wisconsin January 23, 2020

1Riverview Towers LLC Balance Sheet-Riverview Towers LLC H:\hms\reports\\1NET.QRP

December 31, 2019

Cumulative Current Period

ASSETS CURRENT ASSETSCash

0.00 0.00 26-0-000-000-1010.100 Cash - Construction (US Bank)23,772.18 547,407.19 26-0-000-000-1111.040 Cash - Unrestricted

0.00 0.00 26-0-000-000-1111.050 Cash - Reserve Account5,926.31 979,822.41 26-0-000-000-1162.000 Cash - Savings/Money Mkts/CDs

29,698.49 1,527,229.60Total

Accounts Receivable(632.27) 28.38 26-0-000-000-1122.000 Accounts Receivable - Tenants

0.00 0.00 26-0-000-000-1128.000 Accounts Receivable - Other0.00 0.00 26-0-000-000-1129.000 Accounts Receivable - Subsidy

(632.27) 28.38Total

Accrued Receivables0.00 0.00 26-0-000-000-1145.000 Accrued Interest Receivable0.00 0.00Total

Other Current Assets660.43 7,749.22 26-0-000-000-1210.000 Prepaid Expenses

(1,779.83) 4,074.09 26-0-000-000-1211.000 Prepaid Insurance0.00 0.00 26-0-000-000-1295.001 Interprogram Due (to) from PH

(1,119.40) 11,823.31Total

27,946.82 1,539,081.29 TOTAL CURRENT ASSETS

*(See Accountants' Compilation Report)

2Riverview Towers LLC Balance Sheet-Riverview Towers LLC H:\hms\reports\\1NET.QRP

December 31, 2019


NONCURRENT ASSETSFixed Assets

0.00 0.00 26-0-000-000-1400.000 CWIP0.00 0.00 26-0-000-000-1400.060 Land0.00 17,560.00 26-0-000-000-1400.061 Land Improvements0.00 16,725.76 26-0-000-000-1400.080 Dwelling Equipment0.00 277,803.86 26-0-000-000-1400.090 Nondwelling Equipment0.00 10,048,405.39 26-0-000-000-1400.100 Building Improvements

(30,388.30) (2,139,174.84) 26-0-000-000-1400.150 Accumulated Depreciation(30,388.30) 8,221,320.17Total

Other Assets0.00 47,114.00 26-0-000-000-1460.000 Tax Credit Fees

(261.74) (22,771.38) 26-0-000-000-1460.010 Tax Credit Fee Amort0.00 0.00 26-0-000-000-1470.000 Financing Fees0.00 0.00 26-0-000-000-1470.010 Financing Fees Amort

(261.74) 24,342.62Total

(30,650.04) 8,245,662.79 TOTAL NONCURRENT ASSETS

TOTAL ASSETS 9,784,744.08(2,703.22)


01/27/2020 3Riverview Towers LLC Balance Sheet-Riverview Towers LLC H:\hms\reports\\1NET.QRP11:44:38 AM

December 31, 2019kjp


LIABILITIES AND MEMBERS' EQUITY CURRENT LIABILITIESAccounts Payable

1,330.37 1,330.37 26-0-000-000-2111.000 A/P - Vendors & Contractors0.00 0.00 26-0-000-000-2111.010 A/P - Other

(733.00) 50,299.00 26-0-000-000-2114.000 Tenants Security Deposits0.00 0.00 26-0-000-000-2119.000 A/P - Other

(244.14) 20,263.28 26-0-000-000-2119.010 A/P - Payroll0.00 0.00 26-0-000-000-2119.020 A/P - Gorman Compliance Fee0.00 0.00 26-0-000-000-2119.030 A/P - Gorman Developer Fee0.00 0.00 26-0-000-000-2119.040 A/P - Subsidy

353.23 71,892.65Total

Accrued Liabilities761.08 8,299.19 26-0-000-000-2134.000 Accrued Comp Absences - Due within one year

7,760.87 7,760.87 26-0-000-000-2136.000 Other Accrued Liabilities2,408.84 41,231.43 26-0-000-000-2137.000 Payment in Lieu of Taxes1,014.97 9,224.05 26-0-000-000-2149.000 Accrued Asset Mgt Fee

11,945.76 66,515.54Total

Other Current Liabilities0.00 0.00 26-0-000-000-2145.001 Interprogram Due to (from) PH0.00 0.00 26-0-000-000-2145.012 Interprogram Due to (from) Riverview Terrace3.51 5,326.94 26-0-000-000-2145.017 Interprogram Due to (from) BA II0.00 0.00 26-0-000-000-2240.000 Tenants Prepaid Rent3.51 5,326.94Total

12,302.50 143,735.13 TOTAL CURRENT LIABILITIES

NONCURRENT LIABILITIES2,957.83 9,188.97 26-0-000-000-2134.010 Accrued Comp Absences

0.00 0.00 26-0-000-000-2310.000 Notes Payable - Construction Loan0.00 2,500,000.00 26-0-000-000-2320.000 Notes Payable - Wausau CDA PH

4,166.63 300,000.00 26-0-000-000-2320.010 Interest Payable - Wausau CDA PH0.00 750,000.00 26-0-000-000-2330.000 Notes Payable - Wausau CDA PH (AHP loan)

337.89 22,783.12 26-0-000-000-2330.010 Interest Payable - Wausau CDA PH (AHP loan)7,462.35 3,581,972.09Total

19,764.85 3,725,707.22 TOTAL LIABILITIES


01/27/2020 4Riverview Towers LLC Balance Sheet-Riverview Towers LLC H:\hms\reports\\1NET.QRP11:44:39 AM

December 31, 2019kjp


MEMBERS' EQUITY

0.0044,560.98 26-0-000-000-2700.000 CY Net Change0.00 (52,000.00) 26-0-000-000-1450.000 Syndication Costs0.00 0.00 26-0-000-000-2810.512 Unrestricted Net Assets

(67.03) 174,757.32 26-0-000-000-2834.000 Managing Member Equity(66,962.02) 5,936,279.54 26-0-000-000-2835.000 NEF Investor Equity(22,468.07) 6,059,036.86TOTAL MEMBERS' EQUITY

TOTAL LIABILITIES AND MEMBERS' EQUITY 9,784,744.08(2,703.22)

0.00 0.00Proof


Date: 01/27/2020 Page: 1Riverview Towers LLCRpt File: H:\hms\reports\\1GLOS1.QRPTime: 11:48:21 Stmnt of Operations-Riverview Towers LLC

kjp Twelve Month Period - December 31, 2019

***YTD ACTUAL*** ***YTD BUDGET*** ****** PERIOD TO DATE****** VarianceBudgetActualPUMBudgetActualPUM

0.00PUM 1.00 149.00 1,788.00 1,788.00149.00 1.00

OPERATING REVENUERental Revenue

(5,790.00)285.3543,000.00 516,000.00510,210.0043,258.00290.32 26-1-000-000-3420.000 Tenant Revenue - Rent0.000.000.00 0.000.000.000.00 26-1-000-000-3422.000 Excess Utilities

(5,790.00)285.3543,000.00 516,000.00510,210.0043,258.00290.32Total

Nonrental Revenue(8,607.00)192.0529,333.37 352,000.00343,393.0029,188.00195.89 26-1-000-000-3410.000 HUD HAP Subsidy

0.000.000.00 0.000.000.000.00 26-1-000-000-3410.010 HUD Admin Fees290.991.84250.00 3,000.003,290.99160.001.07 26-1-000-000-3440.000 Other Inc - Tenants Charges

1,031.352.81333.37 4,000.005,031.35325.912.19 26-1-000-000-3440.020 Other Inc - Tenant Store(150.00)0.0012.50 150.000.000.000.00 26-1-000-000-3440.030 Other Income9,137.9011.26916.63 11,000.0020,137.90629.204.22 26-1-000-000-3444.040 Laundry(236.14)0.99166.63 2,000.001,763.860.000.00 26-1-000-000-3444.050 Vending

0.000.000.00 0.000.000.000.00 26-1-000-000-3691.000 Operating Subsidy0.000.000.00 0.000.000.000.00 26-1-000-000-3692.000 Other Inc - Insurance Proceeds

1,467.10208.9631,012.50 372,150.00373,617.1030,303.11203.38Total

(4,322.90) TOTAL OPERATING REVENUE 493.70 73,561.11 883,827.10 888,150.0074,012.50 494.31

OPERATING EXPENSESAdministration

479.2549.217,291.63 87,500.0087,979.257,062.6547.40 26-1-000-000-4110.000 Administration Salaries0.000.000.00 0.000.000.000.00 26-1-000-000-4110.010 Admin Salaries - Comp Abs

(647.20)1.60291.63 3,500.002,852.80249.001.67 26-1-000-000-4120.000 Advertising & Marketing(500.00)0.0041.63 500.000.000.000.00 26-1-000-000-4130.000 Legal Expense(361.00)0.64125.00 1,500.001,139.000.000.00 26-1-000-000-4140.000 Staff Training(467.32)0.86166.63 2,000.001,532.680.000.00 26-1-000-000-4150.000 Travel

329.440.180.00 0.00329.44329.442.21 26-1-000-000-4150.010 Mileage(1,240.36)4.34750.00 9,000.007,759.64630.334.23 26-1-000-000-4160.000 Office Expenses

(136.00)2.78425.00 5,100.004,964.00390.002.62 26-1-000-000-4170.000 Accounting Fees0.004.54677.12 8,125.008,125.000.000.00 26-1-000-000-4171.000 Audit Fees

7,434.9825.133,125.00 37,500.0044,934.982,755.0318.49 26-1-000-000-4182.000 Employee Benefits - Admin(10.78)1.34200.00 2,400.002,389.220.000.00 26-1-000-000-4190.000 Other Admin and Sundry

(452.25)1.48258.37 3,100.002,647.75223.651.50 26-1-000-000-4191.000 Telephone755.0218.102,633.37 31,600.0032,355.022,665.4017.89 26-1-000-000-4192.000 Management Fee

0.003.75558.75 6,705.006,705.00558.753.75 26-1-000-000-4193.000 Compliance Fee0.055.16768.63 9,224.009,224.051,014.976.81 26-1-000-000-4194.000 Asset Management Fee

5,183.83119.0917,312.76 207,754.00212,937.8315,879.22106.57Total

*See Accountants' Compilation Report




OPERATING EXPENSESTenant Services

0.000.000.00 0.000.000.000.00 26-1-000-000-4210.000 Tenant Services Salaries401.003.02416.63 5,000.005,401.001,970.0313.22 26-1-000-000-4220.000 Rec, Pub and Other 737.042.87366.63 4,400.005,137.04385.472.59 26-1-000-000-4221.000 Tenant Store Expenses

1,138.045.89783.26 9,400.0010,538.042,355.5015.81Total

Utilities82.923.85566.63 6,800.006,882.921,537.4410.32 26-1-000-000-4310.000 Water

(6,567.22)29.324,916.63 59,000.0052,432.787,187.1648.24 26-1-000-000-4320.000 Electricity(3,185.36)15.562,583.37 31,000.0027,814.647,950.7853.36 26-1-000-000-4330.000 Gas

1,884.525.36641.63 7,700.009,584.522,194.4514.73 26-1-000-000-4360.000 Sewer(19.18)0.66100.00 1,200.001,180.82299.762.01 26-1-000-000-4390.000 Other Utilities Expense

(7,804.32)54.758,808.26 105,700.0097,895.6819,169.59128.65Total

Maintenance and Operations3,579.3346.746,666.63 80,000.0083,579.337,140.7447.92 26-1-000-000-4410.000 Maint Labor

0.000.000.00 0.000.000.000.00 26-1-000-000-4410.010 Maint Labor - Comp Abs73.989.551,416.63 17,000.0017,073.982,321.8915.58 26-1-000-000-4420.000 Maint Materials

1,157.041.0966.63 800.001,957.0498.000.66 26-1-000-000-4430.010 Heating & Cooling360.000.87100.00 1,200.001,560.000.000.00 26-1-000-000-4430.020 Snow Removal

33.493.77558.37 6,700.006,733.49955.756.41 26-1-000-000-4430.030 Elevator Maintenance(395.56)2.18358.37 4,300.003,904.44269.031.81 26-1-000-000-4430.040 Landscape & Grounds

(1,545.00)0.25166.63 2,000.00455.000.000.00 26-1-000-000-4430.050 Unit Turnaround(876.19)0.1391.63 1,100.00223.81223.811.50 26-1-000-000-4430.060 Electrical

10.000.2941.63 500.00510.00225.001.51 26-1-000-000-4430.070 Plumbing2,027.3311.201,500.00 18,000.0020,027.33710.424.77 26-1-000-000-4430.080 Extermination1,138.003.43416.63 5,000.006,138.000.000.00 26-1-000-000-4430.090 Janitorial(720.33)2.39416.63 5,000.004,279.671,838.8712.34 26-1-000-000-4430.100 Other Contract Costs(476.60)0.2983.37 1,000.00523.400.000.00 26-1-000-000-4430.101 Routine(339.30)3.78591.63 7,100.006,760.70499.613.35 26-1-000-000-4431.000 Garbage & Trash Removal(359.19)19.993,008.37 36,100.0035,740.813,110.0320.87 26-1-000-000-4433.000 Employee Benefits - Maint3,667.00105.9715,483.15 185,800.00189,467.0017,393.15116.73Total

Protective Services157.841.60225.00 2,700.002,857.84178.271.20 26-1-000-000-4480.000 Contract Costs157.841.60225.00 2,700.002,857.84178.271.20Total





OPERATING EXPENSESGeneral Expense

64.008.701,291.63 15,500.0015,564.001,297.008.70 26-1-000-000-4510.010 Insurance - Property(168.74)3.32508.37 6,100.005,931.26641.344.30 26-1-000-000-4510.020 Insurance - Liability

(1,027.69)1.10250.00 3,000.001,972.31157.031.05 26-1-000-000-4510.030 Insurance - Workers Comp15.350.1216.63 200.00215.35215.351.45 26-1-000-000-4510.040 Insurance - Other

231.4323.063,416.63 41,000.0041,231.432,408.8416.17 26-1-000-000-4520.000 Payment in Lieu of Taxes256.430.140.00 0.00256.430.000.00 26-1-000-000-4570.000 Collection Losses

0.000.000.00 0.000.000.000.00 26-1-000-000-4590.000 Other General Expense0.003.75558.75 6,705.006,705.000.000.00 26-1-000-000-4590.010 Other Gen Exp - Compliance Fee0.000.91135.38 1,625.001,625.000.000.00 26-1-000-000-4590.020 Other Gen Exp - Tax Return

3,718.912.080.00 0.003,718.913,718.9124.96 26-1-000-000-4595.000 Compensated Absences3,089.6943.196,177.39 74,130.0077,219.698,438.4756.63Total

Extraordinary Maintenance0.000.000.00 0.000.000.000.00 26-1-000-000-4610.010 Labor

(343.20)2.60416.63 5,000.004,656.800.000.00 26-1-000-000-4610.030 Contract Costs(343.20)2.60416.63 5,000.004,656.800.000.00Total

Casualty Losses0.000.000.00 0.000.000.000.00 26-1-000-000-4620.030 Contract Costs0.000.000.00 0.000.000.000.00Total

Depreciation Expenses681.30184.7227,466.63 329,600.00330,281.3030,388.30203.95 26-1-000-000-4800.000 Depreciation Expense(0.12)1.76261.75 3,141.003,140.88261.741.76 26-1-000-000-4801.000 Amortize - Tax Credit Fees

0.000.000.00 0.000.000.000.00 26-1-000-000-4802.000 Amortize - Finance Fees681.18186.4827,728.38 332,741.00333,422.1830,650.04205.70Total

5,770.06 TOTAL OPERATING EXPENSES 631.30 94,064.24 928,995.06 923,225.0076,934.83 519.57

(10,092.96) OPERATING INCOME (LOSS) 137.60 (20,503.13) (45,167.96) (35,075.00)(2,922.33) 25.26





Nonoperating Revenue (Expense)18,983.6017.891,083.37 13,000.0031,983.602,539.5817.04 26-1-000-000-3430.000 Investment Income

0.000.000.00 0.000.000.000.00 26-1-000-000-3480.000 Gain (Loss) on Fixed Assets3,800.0027.96(4,483.37) (53,800.00)(50,000.00)(4,166.63)27.96 26-1-000-000-4540.000 Interest Expense - CDA Loan

(3,844.69)2.150.00 0.00(3,844.69)(337.89)2.27 26-1-000-000-4540.010 Interest Expense - AHP CDA Loan0.000.000.00 0.000.000.000.00 26-1-000-000-9000.000 Operating Transfer In

18,938.9112.23(3,400.00) (40,800.00)(21,861.09)(1,964.94)13.19Total

8,845.95 CHANGE IN NET ASSETS 150.79 (22,468.07) (67,029.05) (75,875.00)(6,322.33) 37.49

Prior Period Adjustments0.000.000.00 0.000.000.000.00Total

8,845.95 NET CHANGE 150.79 (22,468.07) (67,029.05) (75,875.00)(6,322.33) 37.49


Riverview Towers (149 Units)

Occupancy %

Riverview Terrace (36 Units) Occupancy

%

Public Housing (46 Units)

Occupancy %

Housing Choice Vouchers Utilized

January 96% 86% 93% 258February 97% 86% 97% 253March 97% 88% 97% 254April 97% 88% 97% 252May 97% 86% 100% 252June 99% 92% 97% 252July 100% 86% 100% 251August 99% 89% 96% 255September 99% 89% 96% 255October 98% 92% 100% 258November 99% 89% 98% 260December 99% 86% 100% 262

Riverview Towers (149 Units)

Occupancy %

Riverview Terrace (36 Units) Occupancy

%

Public Housing (46 Units)

Occupancy %

Housing Choice Vouchers Utilized

January 99% 86% 100% 260February 99% 81% 100% 258March 99% 78% 100% 257April 99% 75% 98% 253May

2019 Occupancy Overview

2020 Occupancy Overview

June July AugustSeptemberOctober November December

Documents

Wausau, Wisconsin · 2020-04-23 · $7,040 - painting, new appliances, concrete work & new porch William & Grace Peters; 2017-0010 124 Weston Ave; Wausau Bible Church $ 4,000.00 Nicolet