Trellis Co

“The form 990 is approved by the board of directors prior to filing.”

“The board of directors annually sign a conflict of interest statement.”

“A comparability study is performed and then the salaries are reviewed and approved by the board of directors.”

“Available upon request at trellis co.'s office.”

“Administrative: program service expenses 1,099,119. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,099,119. Unreimbursed development costs: program service expenses 813,414. Management and general expenses 0. Fundraising expenses 0. Total expenses 813,414. Real estate taxes: program service expenses 811,125. Management and general expenses 0. Fundraising expenses 0. Total expenses 811,125. Write off of finance fees: program service expenses 124,166. Management and general expenses 0. Fundraising expenses 0. Total expenses 124,166. Bad debts: program service expenses 47,944. Management and general expenses 14,029. Fundraising expenses 0. Total expenses 61,973. Other operating: program service expenses 47,962. Management and general expenses 4,321. Fundraising expenses 0. Total expenses 52,283. Bond and issuer fees: program service expenses 2,788. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,788.”

“Trellis cottage grove senior gp llc, a tax-exempt controlled entity, which is the managing general partner of cottage grove senior limited partnership, hereby elects, pursuant to irc section 168(h)(6)(f)(ii), not to be treated as a tax-exempt entity under the rules of section 168(h)(6)(f) beginning with the tax year ending december 31, 2024. Any gain recognized on the disposition by trellis co., the controlling tax-exempt entity, of its interest in trellis cottage grove senior gp llc or any dividend or interest received by trellis co. From trellis cottage grove senior gp llc related to this investment will be treated as unrelated business taxable income for purposes of section 511. Accordingly, the residential rental property owned by cottage grove senior limited partnership will not be considered tax-exempt use property under section 168(h).”

“Trellis minnehaha supportive housing gp llc, a tax-exempt controlled entity, which is the managing general partner of minnehaha supportive housing limited partnership, hereby elects, pursuant to irc section 168(h)(6)(f)(ii), not to be treated as a tax-exempt entity under the rules of section 168(h)(6)(f) beginning with the tax year ending december 31, 2024. Any gain recognized on the disposition by trellis co., the controlling tax-exempt entity, of its interest in trellis minnehaha supportive housing gp llc or any dividend or interest received by trellis co. From trellis minnehaha supportive housing gp llc related to this investment will be treated as unrelated business taxable income for purposes of section 511. Accordingly, the residential rental property owned by minnehaha supportive housing limited partnership will not be considered tax-exempt use property under section 168(h).”

“Trellis olson court park plaza gp llc, a tax-exempt controlled entity, which is the managing general partner of olson court park plaza limited partnership, hereby elects, pursuant to irc section 168(h)(6)(f)(ii), not to be treated as a tax-exempt entity under the rules of section 168(h)(6)(f) beginning with the tax year ending december 31, 2024. Any gain recognized on the disposition by trellis co., the controlling tax-exempt entity, of its interest in trellis olson court park plaza gp llc or any dividend or interest received by trellis co. From trellis olson court park plaza gp llc related to this investment will be treated as unrelated business taxable income for purposes of section 511. Accordingly, the residential rental property owned by olson court park plaza limited partnership will not be considered tax-exempt use property under section 168(h).”

“Alexander baker gp llc, a tax-exempt controlled entity, which is the managing general partner of alexander baker limited partnership, hereby elects, pursuant to irc section 168(h)(6)(f)(ii), not to be treated as a tax-exempt entity under the rules of section 168(h)(6)(f) beginning with the tax year ending december 31, 2024. Any gain recognized on the disposition by trellis co., the controlling tax-exempt entity, of its interest in alexander baker gp llc or any dividend or interest received by trellis co. From alexander baker gp llc related to this investment will be treated as unrelated business taxable income for purposes of section 511. Accordingly, the residential rental property owned by alexander baker limited partnership will not be considered tax-exempt use property under section 168(h).”