2018-11-30T10:37:42-06:00 2018-06-30 221478099 COHNREZNICK LLP 525 NORTH TRYON STREET CHARLOTTE NC 28202 990 2017-07-01 364062755 18TH & WABASH CORP 18TH 3124210588 1801 S WABASH CHICAGO IL 60616 DOUGLAS B ROSS PRESIDENT 3124210588 2018-11-27 1 KATHY BLACKBURN P00450629 7043329100 2018-11-15 209.3.217.20 2018-11-27 15:25:41 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A999648B7C0F94429496C189B46642AFC33E1A30 2017 2019-02-21 02:37:17Z DOUGLAS B ROSS 1801 S WABASH CHICAGO IL 60616 903719 0 X N/A X 1995 IL TO PROVIDE AFFORDABLE HOUSING FOR LOW & MODERATE INCOME INDIVIDUALS. 3 3 0 5 0 0 0 0 759342 902662 298 1057 0 0 759640 903719 0 0 0 0 0 0 0 0 0 1353065 1403256 1353065 1403256 -593425 -499537 4882441 4803591 14151887 14572574 -9269446 -9768983 18TH & WABASH CORP. WAS FORMED TO CONSTRUCT AND OPERATE A 170 ROOM SINGLE RESIDENCY OCCUPANCY (SRO). THE CORPORATION'S PRIMARY PURPOSE IS TO PROVIDE AFFORDABLE HOUSING FOR LOW & MODERATE INCOME INDIVIDUALS. 0 0 1233851 902662 OPERATION OF A 170 ROOM SINGLE RESIDENCY OCCUPANCY (SRO) 1233851 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 IL X DOUGLAS B ROSS 3124210588 1801 S WABASH CHICAGO IL 60616 X MONIQUE PATTERSON SECRETARY 2.00 X X 0 0 0 DOUGLAS ROSS PRESIDENT 2.00 X X 0 0 0 JACKIE PINGEL TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 ALLIED UNIVERSAL SECURITY SERVICES 1107 MANNHEIM ROAD SUITE 201 WESTCHESTER IL 60154 SECURITY 146667 1 TENANT RENT REVENUE 531110 705183 705183 RESIDENT ASSISTANCE PA 531110 147156 147156 TENANT CHARGES 531110 26652 26652 AUXILLARY SERVICES 531110 23671 23671 902662 1057 1057 903719 902662 0 1057 53383 53383 12910 12910 18020 18020 19136 19136 190254 190254 316496 316496 46616 46616 LEASED EMPLOYEE COSTS 206995 180431 26564 UTILITIES 168594 168594 SECURITY SERVICES 146667 146667 REPAIRS & MAINTENANCE 94931 94931 129254 89862 39392 1403256 1233851 169405 0 25670 24492 7758 31530 4398 11169 10696261 6064247 4691736 4632014 152879 104386 4882441 4803591 112675 136657 10396988 10644238 3642224 3791679 14151887 14572574 X -9269446 -9768983 -9269446 -9768983 4882441 4803591 -499537 0 X X 0 1 X 1 1 1 X 763771 828486 854194 759342 902662 4108455 763771 828486 854194 759342 902662 4108455 0 0 0 4108455 89 67 91 298 1057 1602 89 67 91 298 1057 1602 44278 42488 86766 808138 871041 854285 759640 903719 4196823 0.97890 0.95620 0.00040 0.00020 X SCHEDULE A, PART III, LINE 12 MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. THESE ANCILLARY SERVICES ARE REPORTED AS PROGRAM SERVICE REVENUE FOR 6/30/18 YEAR END. 987527 987527 9551061 5928065 3622996 55477 55477 0 102196 80705 21491 4632014 ACCRUED PROPERTY TAXES 58817 PREPAID RENT 29446 ACCRUED LEASED EMPLOYEE COSTS 7420 ACCRUED INTEREST 3695996 3791679 X 903719 0 903719 0 903719 1403256 0 1403256 0 1403256 PART X, LINE 2: THE CORPORATION HAS ELECTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2018. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE, AND DOES FILE, TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES, AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE THE YEAR ENDED JUNE 30, 2015 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, OR TRUSTEES, OR KEY EMPLOYEES TO A MANAGEMENT COMPANY OR OTHER PERSON. FORM 990, PART VI, SECTION A, LINE 8B THE OFFICERS AS THE GOVERNING BODY MAKE THE DECISIONS FOR THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SUBMITTED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION, ALONG WITH REQUEST FOR COMMENTS. COMMENTS AND QUESTIONS ARE ADDRESSED PRIOR TO THE FORM 990 BEING FILED. FORM 990, PART VI, SECTION C, LINE 19 ILLINOIS CHARITABLE ORGANIZATION ANNUAL REPORTS CAN BE OBTAINED THROUGH THE ILLINOIS ATTORNEY GENERAL'S WEBSITE (WWW.ILLINOISATTORNEYGENERAL.GOV/CHARITIES/SEARCH/INDEX.ISP). FEDERAL FORM 990, THE ILLINOIS ANNUAL REPORT AND ALL OTHER INFORMATION CAN BE REQUESTED BY WRITING TO THE ORGANIZATION. FORM 990, PART XII, LINE 2C: RESPONSIBILITY FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE ANNUAL AUDIT IS RESERVED BY THE BOARD OF TRUTEES. SCH A, PART I THIS ENTITY INITIALLY QUALIFIED FOR TAX EXEMPT STATUS UNDER IRC SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI). BUT THE ACTIVITIES OF THE ENTITY, PRIMARILY RECEIVING RENT PAYMENTS AND OPERATING AS A LOW INCOME HOUSING RENTAL UNIT, NOW QUALIFY THE ENTITY UNDER 509(A)(2). BOX 10 WILL BE APPROPRIATELY CHECKED, RATHER THAN BOX 7.