GARDEN COURT INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GARDEN COURT INC (EIN 35-1265691)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-01-27
- IRS object ID
- 202420279349300302
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-01-27T11:35:37-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351750664 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAUBY O'CONNOR & ZALESKI LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 CONGRESSIONAL BLVD 300 | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351265691 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARDEN COURT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GARD | BusinessNameControlTxt |
| Phone | 2192349923 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 540 | AddressLine1Txt |
| City | SOUTH BEND | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46624 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROD LUDWIG | PersonNm |
| Person Title | AUTHORIZED AGENT | PersonTitleTxt |
| Phone | 2192349923 | PhoneNum |
| Signature | 2024-01-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROD | PersonFirstNm |
| Person Last | LUDWIG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EKATERINA GWYN | PreparerPersonNm |
| PTIN | P01333750 | PTIN |
| Phone | 3178485700 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOHN MYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 540 | AddressLine1Txt |
| City | SOUTH BEND | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,115,328 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | GARDEN COURT, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW-INCOME SENIOR CITIZENS IN PLYMOUTH, INDIANA. THE EAST PROJECT HAS 60 UNITS AND THE WEST PROJECT HAS 46 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949. DURING THE YEAR ENDED JUNE 30, 2019, THE CORPORATION BEGAN CONSTRUCTION ON AN 18-UNIT COMMUNITY FOR HOMELESS FAMILIES LOCATED IN PLYMOUTH, INDIANA. SERENITY PLACE WAS PLACED IN SERVICE IN MARCH 2022 AND OPERATIONS COMMENCED THEREAFTER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $393,980 | PYContributionsGrantsAmt |
| CY Contributions Grants | $423,762 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $424,354 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $502,239 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $69 | CYInvestmentIncomeAmt |
| PY Other Revenue | $116,702 | PYOtherRevenueAmt |
| CY Other Revenue | $189,258 | CYOtherRevenueAmt |
| PY Total Revenue | $935,036 | PYTotalRevenueAmt |
| CY Total Revenue | $1,115,328 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $929,627 | PYOtherExpensesAmt |
| CY Other Expenses | $1,148,305 | CYOtherExpensesAmt |
| PY Total Expenses | $929,627 | PYTotalExpensesAmt |
| CY Total Expenses | $1,148,305 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,409 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$32,977 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,395,271 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,306,731 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,466,908 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,411,345 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $928,363 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $895,386 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GARDEN COURT, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW-INCOME SENIOR CITIZENS IN PLYMOUTH, INDIANA. THE EAST PROJECT HAS 60 UNITS AND THE WEST PROJECT HAS 46 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949. DURING THE YEAR ENDED JUNE 30, 2019, THE CORPORATION BEGAN CONSTRUCTION ON AN 18-UNIT COMMUNITY FOR HOMELESS FAMILIES LOCATED IN PLYMOUTH, INDIANA. SERENITY PLACE WAS PLACED IN SERVICE IN MARCH 2022 AND OPERATIONS COMMENCED THEREAFTER. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $849,714 | ExpenseAmt |
| Revenue | $588,552 | RevenueAmt |
| Desc | GARDEN COURT, INC. WAS ORGANIZED AS AN INDIANA NOT-FOR-PROFIT CORPORATION TO OWN AND OPERATE TWO APARTMENT PROJECTS FOR LOW-INCOME SENIOR CITIZENS IN PLYMOUTH, INDIANA. THE EAST PROJECT HAS 60 UNITS AND THE WEST PROJECT HAS 46 UNITS. THE CORPORATION'S MORTGAGE LOANS WERE PROVIDED THROUGH THE RURAL DEVELOPMENT, DEPARTMENT OF AGRICULTURE, UNDER SECTION 515 OF THE HOUSING ACT OF 1949. DURING THE YEAR ENDED JUNE 30, 2019, THE CORPORATION BEGAN CONSTRUCTION ON AN 18-UNIT COMMUNITY FOR HOMELESS FAMILIES LOCATED IN PLYMOUTH, INDIANA. SERENITY PLACE WAS PLACED IN SERVICE IN MARCH 2022 AND OPERATIONS COMMENCED THEREAFTER. | Desc |
| Total Program Service Expenses | $849,714 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROD LUDWIG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5742349923 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 540 | AddressLine1Txt |
| City | SOUTH BEND | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46624 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| JOHN MYERS | |||||||
| PRESIDENT | 0.50 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JIM CAUSEY | |||||||
| PRESIDENT (UNTIL SEPT. 2022) | 0.50 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DIANN PARSONS | |||||||
| VICE PRESIDENT | 0.50 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KAREN GEHRKE | |||||||
| SECRETARY | 0.50 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BOB BEITER | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SISTER LORETTA PETERS | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SHARON BALKA | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SARAH SMITH | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MARY KAUFMAN | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| LORI PARRISH | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN ELLERT | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| ANNA CORBETT | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| MATT COTTRILL | |||||||
| DIRECTOR | 0.50 | 5.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BRADLEY COMPANY | |||||
| 112 W JEFFERSON BLVD SUITE 300 | SOUTH BEND | IN | 46601 | PROPERTY MANAGEMENT AND PAYROLL | $307,163 |
| R YODER CONSTRUCTION INC | |||||
| 27453 CR 150 | NAPPANEE | IN | 46550 | CONSTRUCTION OF SERENITY PLACE | $249,120 |
| RACKLEY RESTORATION | |||||
| 3635 N HOME ST | MISHAWAKA | IN | 46545 | REBUILD BUILDING A AT GARDEN COURT EAST | $212,731 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $421,764 | GovernmentGrantsAmt |
| All Other Contributions | $1,998 | AllOtherContributionsAmt |
| Total Contributions | $423,762 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENTAL INCOME | Desc |
| Business | 531110 | BusinessCd |
| Total Revenue Column | $502,239 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $502,239 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $502,239 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69 | TotalRevenueColumnAmt |
| Exclusion | $69 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| INTEREST SUBSIDY INCOM | 531110 | $86,313 | $86,313 | |
| OTHER MISC REVENUE | 531110 | $71,007 | $71,007 | |
| TENANT CHARGES | 531110 | $24,276 | $24,276 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,662 | TotalRevenueColumnAmt |
| Exclusion | $7,662 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $189,258 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,115,328 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $588,552 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $103,014 | ExclusionAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,609 | TotalAmt |
| Management And General | $80,609 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,545 | TotalAmt |
| Management And General | $13,545 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $970 | TotalAmt |
| Management And General | $970 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,944 | TotalAmt |
| Management And General | $33,944 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $591,629 | TotalAmt |
| Program Services | $591,629 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,200 | TotalAmt |
| Management And General | $4,200 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $239,320 | TotalAmt |
| Program Services | $239,320 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,898 | TotalAmt |
| Program Services | $1,898 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| MGT CO. EMPLOYEE CHARGE | $156,467 | $156,467 | |
| BAD DEBTS EXPENSE | $16,867 | $16,867 | |
| ADMINISTRATIVE EXPENSES | $8,856 | $8,856 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,148,305 | TotalAmt |
| Program Services | $849,714 | ProgramServicesAmt |
| Management And General | $298,591 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,369 | BOYAmt |
| EOY | $81,684 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,370 | BOYAmt |
| EOY | $108,348 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,616 | BOYAmt |
| EOY | $25,852 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,530,866 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,588,886 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,939,493 | BOYAmt |
| EOY | $4,941,980 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $191,857 | BOYAmt |
| EOY | $89,543 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,983 | BOYAmt |
| EOY | $2,743 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,583 | BOYAmt |
| EOY | $56,581 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,395,271 | BOYAmt |
| EOY | $5,306,731 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,673 | BOYAmt |
| EOY | $99,187 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,327 | BOYAmt |
| EOY | $8,867 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,346,397 | BOYAmt |
| EOY | $4,224,977 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,511 | BOYAmt |
| EOY | $78,314 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,466,908 | BOYAmt |
| EOY | $4,411,345 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $928,363 | BOYAmt |
| EOY | $895,386 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $928,363 | BOYAmt |
| EOY | $895,386 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,395,271 | BOYAmt |
| EOY | $5,306,731 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$32,977 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $308,299 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $731,904 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $283,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $393,980 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $423,762 | CurrentTaxYearAmt |
| Total | $2,141,871 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $403,900 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $401,177 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $419,252 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $424,354 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $502,239 | CurrentTaxYearAmt |
| Total | $2,150,922 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $712,199 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,133,081 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $703,178 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $818,334 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $926,001 | CurrentTaxYearAmt |
| Total | $4,292,793 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $4,292,793 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $152 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $817 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $69 | CurrentTaxYearAmt |
| Total | $1,038 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $152 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $817 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year | $69 | CurrentTaxYearAmt |
| Total | $1,038 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,609 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,026 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $268,825 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $116,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $189,258 | CurrentTaxYearAmt |
| Total | $620,420 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $725,960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,165,924 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $972,003 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $935,036 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,115,328 | CurrentTaxYearAmt |
| Total | $4,914,251 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87350 | PublicSupportCY509Pct |
| Public Support PY509 | 0.89930 | PublicSupportPY509Pct |
| Investment Income CY | 0.00020 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00020 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES, INTEREST SUBSIDY INCOME, AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. IN THE YEAR ENDING JUNE 30, 2021, THIS AMOUNT ALSO INCLUDED A GAIN FROM INVOLUNTARY CONVERSION OF $165,410. IN THE YEAR ENDING JUNE 30, 2023, THIS AMOUNT ALSO INCLUDED INSURANCE PROCEEDS RECEIVED FOR AN INVOLUNTARY CONVERSION IN A PRIOR YEAR. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,611 | OtherCostOrOtherBasisAmt |
| Book Value | $70,611 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,520,007 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,082,130 | DepreciationAmt |
| Book Value | $4,437,877 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $872,326 | OtherCostOrOtherBasisAmt |
| Depreciation | $453,578 | DepreciationAmt |
| Book Value | $418,748 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $67,922 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,178 | DepreciationAmt |
| Book Value | $14,744 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,941,980 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $56,338 |
| ACCRUED INTEREST PAYABLE | $12,010 |
| HAP SUSPENSE AND REPAYMENT DUE | $9,966 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $78,314 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,115,328 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,115,328 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,115,328 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,144,520 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,144,520 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,785 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,785 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,148,305 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 3,785. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | GARDEN COURT, INC. IS MANAGED BY BRADLEY RESIDENTIAL MANAGEMENT, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. BRADLEY RESIDENTIAL MANAGEMENT HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED BRADLEY RESIDENTIAL MANAGEMENT TO MANAGE THE GARDEN COURT APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY PRESENTS THE 990 AT THE BOARD MEETING FOR THEIR REVIEW. ONCE THE BOARD HAS AN OPPORTUNITY TO ASK QUESTIONS, THE BOARD APPROVES THE FORM 990 AND THE PRESIDENT GIVES APPROVAL TO FILE THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR DIRECTORS (SEE PAGE 7, PART VII). IF THE ORGANIZATION REVISES ITS POSITION ON COMPENSATION OF OFFICERS AND DIRECTORS, AN ADDITIONAL POLICY WILL BE DRAFTED AT THAT TIME. |
| FORM 990, PART VI, SECTION C, LINE 19 | EXISTING POLICIES, RETURNS AND FINANCIAL STATEMENTS ARE MAINTAINED AT THE OFFICES OF THE MANAGEMENT COMPANY. THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: | HOURS WORKED FOR RELATED ORGANIZATIONS: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. |
| FORM 990, PART XII, LINE 2C: | OVERSIGHT OF AUDITING FUNCTION: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| ARGOS GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 352039163 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| BOURBON COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 260007202 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| GARDEN COURT DOWNTOWN INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 581209165 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| KNOX GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 200349557 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| NEIDLINGER GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 351915874 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| THE HURFORD HOUSE | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 260007210 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| FAIRFIELD GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 203453966 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| MENTONE GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 208609142 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| LA PAZ GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 204280711 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| CULVER GARDEN COURT INC | ||||||||||
| PO BOX 540 | SOUTH BEND | IN | 46624 | 273217476 | LOW INCOME HOUSING | IN | 501(C)(3) | 509(A)(2) | GARDEN COURT INC | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE R, PART V: | IN PRIOR YEARS, THE SPONSOR MADE ADVANCES TO FUND FINANCING COSTS INCURRED TO MODIFY THE PROMISSORY NOTE PAYABLE AND OBTAIN THE IHCDA LOAN IN ADDITION TO VARIOUS OTHER EXPENSES. DURING THE YEAR ENDED JUNE 30, 2023, $1,289 WAS ADVANCED TO SERENITY PLACE. AT JUNE 30, 2023 AND 2022, $5,871 AND $4,582, RESPECTIVELY, REMAINS DUE TO SPONSOR. THIS AMOUNT IS TO BE REPAID WITH APPROVAL FROM RD. |
| FORM 990, SCHEDULE R, PART V: | DURING THE YEAR ENDED JUNE 30, 2023, SERENITY PLACE ADVANCED $54,000 TO GARDEN COURT, INC., THE SPONSOR, TO FUND INSURANCE PREMIUMS. THERE ARE NO OFFICIAL REPAYMENTS TERMS AND THE ADVANCES BEAR NO INTEREST. |