2014-11-13T10:37:02-06:00 2013-12-31 COHNREZNICK LLP 525 N TRYON STREET SUITE 1000 CHARLOTTE NC 28202 990 2013-01-01 561620516 CHARLOTTE MECKLENBURG HOUSING PARTNERSHIP INC % JULIE A PORTER CHAR 7043420933 4601 CHARLOTTE PARK DRIVE Suite 350 CHARLOTTE NC 28217 Julie Porter President 7043329100 2014-11-05 true KATHY BLACKBURN P00450629 7043329100 2013 2015-11-30 17:44:51Z Julie A Porter 4601 CHARLOTTE PARK DR STE 350 CHARLOTTE NC 28217 10673958 false X N/A X 1988 NC TO PROVIDE HOUSING TO LOW AND MODERATE INCOME FAMILIES 23 22 42 0 4942340 4032824 3915831 5212221 812 967 -4459523 280634 4399460 9526646 0 0 0 0 3023641 3285470 0 0 0 10019328 4990954 13042969 8276424 -8643509 1250222 39520078 50953059 32011153 42193912 7508925 8759147 X TO PROVIDE HOUSING TO LOW AND MODERATE INCOME FAMILIES. false false 5579499 0 5212221 Charlotte-Mecklenburg Housing Partnership, Inc. (CMHP) is a nonprofit housing development and finance corporation organized in the State of North Carolina on July 5, 1988 to expand affordable and well-maintained housing and promote stable neighborhoods for low and moderate income families with a continuing interest in the ability of occupants to more fully enter the economic mainstream. The strategies that CMHP has adopted to fulfill its mission are as follows: revitalizing targeted inner city neighborhoods, developing and managing affordable rental property, and providing homeownership opportunities. CMHP currently markets under the name of The Housing Partnership and is designated as a Community Based Development Organization (CBDO) by the City of Charlotte. 5579499 true true false true false false false false false false true false true true true true false true false false false false false false false false false false false false false false false false false false false false false false false false true true true true false false true 26 0 true 42 true false false false false false false false false false false X 23 22 false false false false false false false true true false false false true true true true true true true true false NC X JULIE A PORTER 7043420943 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 X MS J'TANYA ADAMS DIRECTOR 1.0 X 0 0 MR BRIAN COLLIER DIRECTOR 1.0 X 0 0 MR WILL CAULDER DIRECTOR 1.0 X 0 0 MR TED FILLETTE DIRECTOR/VICE CHAIRMAN 1.0 X X 0 0 MR LARRY FRASER DIRECTOR 1.0 X 0 0 MR HARVEY GANTT DIRECTOR 1.0 X 0 0 MR JAMES MITCHELL DIRECTOR 1.0 X 0 0 REV JOHN CLEGHORN DIRECTOR 1.0 X 0 0 MR TOM INGRAM DIRECTOR 1.0 X 0 0 MR JAMES R SIMPSON DIRECTOR - BOARD CHAIR 1.0 X X 0 0 MR JOHN STOKES DIRECTOR 1.0 X 0 0 MS EILEEN STENERSON DIRECTOR - SECRETARY 1.0 X X 0 0 MS MARY WILSON DIRECTOR/VICE CHAIRMAN 1.0 X X 0 0 MS BETTY CHAFINRASH DIRECTOR 1.0 X 0 0 MS PAT ADAIR ASSOCIATE OF BOD/VP 40.0 X 71868 0 11805 MS LINDA D THOMAS DIRECTOR 1.0 X 0 0 MR DOUGLAS ROBERTSON DIRECTOR 1.0 X 0 0 Ms Ailen J Arreaza Director 1.0 X 0 0 Mr Lance I Pritchett Director 1.0 X 0 0 Mr Darryl White Director 1.0 X 0 0 Mr Shawn Williams Director 1.0 X 0 0 mr bob mendenhall associate of bod 1.0 X 0 0 Mr Darren Swanson Director 1.0 X 0 0 0 MR FRED DODSON JR CHIEF OPERATING OFFICER 40.0 X 111457 0 13138 MS RALPHINE CALDWELL SR. VP HOMEOWNERSHIP 40.0 X 114247 0 9181 Mr John A Butler CFO/Treasurer 40.0 X 96202 0 10274 Ms Julie Porter Presdient 40.0 X 134423 0 4944 528197 0 49342 3 false false false Leeper-Miles McClellan AJV 601 Morris Street CHARLOTTE NC 28202 Construction 603174 Carocon Corporation 5934 Old Pineville Road CHARLOTTE NC 28217 construction 521641 Land Design Inc PO Box 36959 CHARLOTTE NC 28236 construction 135108 Blyth Development Co 1415 EWestinghouse Blvd CHARLOTTE NC 28273 construction 144930 COHNREZNICK LLP 7501 WISCONSIN AVE SUITE 400E BETHESDA MD 20814 ACCOUNTING 136568 6 X 3560425 472399 4032824 RENTAL INCOME 531390 2707200 2707200 MISC. INCOME 531390 374054 374054 LOAN/COUNSELING 531390 226685 226685 DEVELOPER FEES 531390 822365 822365 INTEREST INCOME 531390 1081917 1081917 5212221 967 967 0 0 0 0 0 0 0 0 1427946 1147312 280634 280634 0 9526646 5492855 967 X 0 0 0 0 577539 123428 454111 0 2167017 1301734 865283 0 350292 243697 106595 190622 132323 58299 0 130578 42437 88141 118985 118985 66889 66889 0 0 0 0 131732 36697 95035 0 0 175327 118699 56628 0 0 71934 51582 20352 1144491 978561 165930 0 556018 522823 33195 98281 72928 25353 LOAN LOSS RESERVE & BAD DEBTS 181272 181272 REPAIRS AND MAINTENANCE 403047 403047 PROGRAM EXPENSE 377413 377413 LANDSCAPING 182558 182558 1352429 992858 359571 8276424 5579499 2696925 0 X 2326814 1685677 0 0 763049 1729715 0 54919 0 0 0 0 6966838 6384763 6965489 6474521 16443 7819 25955573 7530708 16234628 18424865 0 0 0 0 725781 9812878 0 0 5521036 6377902 39520078 50953059 1244352 1502569 0 0 0 0 0 0 0 0 0 0 30356121 40345925 0 0 410680 345418 32011153 42193912 X -13583780 -4891570 17128705 10452967 3964000 3197750 7508925 8759147 39520078 50953059 1250222 X X false true X true true true X 4254684 3780806 8368374 4942340 4032824 25379028 0 0 4254684 3780806 8368374 4942340 4032824 25379028 0 25379028 15783 1917 993 812 967 20472 0 0 25399500 17312357 0.99919 0.99610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 66889 false 66889 false false LOBBYING CHARLOTTE MECKLENBURG HOUSING PARTNERSHIP, INC (THE ENTITY) PAID AMOUNT TO A LOBBYING FIRM IN WASHINGTON DC WHO ALONG WITH MS. JULIE A.PORTER MET WITH VARIOUS SENATORS AND REPRESENTATIVES TO INTRODUCE THE ENTITY AS AN ORGANIZATION AND DESCRIBE ITS CURRENT ACTIVITIES. THE LOBBYIST ALSO WORKED ON OBTAINING FUNDING FOR SOME OF THE ENTITY'S PROJECTS. 0 7141635 7141635 0 18083598 7148754 10934844 0 320844 261807 59037 0 409496 120147 289349 18424865 INV. IN LOW-INCOME HSNG PSHIPS 9812878 C 9812878 ACCOUNTS RECEIVABLE - OTHER 1658043 PROJECTS IN DEVELOPMENT 2386050 FUNDS HELD FOR OTHERS 433889 INTERCOMPANY RECEIVABLE 903661 ADVANCES TO AFFILIATES 5404 DEFERRED LOAN COSTS - NET 396852 REPLACEMENT RESERVES 151784 ESCROW 2445 CLEARING ACCOUNTS 439774 6377902 0 FUNDS HELD FOR OTHERS 318328 DUE TO AFFILIATES 27090 345418 X FIN 48 CHARLOTTE-MECKLENBURG HOUSING PARTNERSHIP, INC., CMHP PROPERTIES, INC. AND FAIRVIEW SENIOR HOUSING, INC. ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. CMHP did not have any unrelated business income tax for the year ended December 31, 2013. CMHP'S CORPORATE TAXABLE AFFILIATES RECOGNIZE INCOME TAXES UNDER THE ASSET AND LIABILITY METHOD. FOR THE YEAR ENDED DECEMBER 31, 2012, TAXABLE INCOME OR LOSS AND TEMPORARY DIFFERENCES, INDIVIDUALLY AND IN THE AGGREGATE, ARE NOT MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. CMHP'S AFFILIATES, Single Member LIMITED LIABILITY COMPANIES and LIMITED LIABILITY COMPANIES THAT ARE CONTROLLED AND CONSOLIDATED BY CMHP ARE ENTITIES THAT HAVE ELECTED TO BE TREATED AS PASS-THROUGH ENTITIES FOR INCOME TAX PURPOSES AND, AS SUCH, ARE NOT SUBJECT TO INCOME TAXES. RATHER, ALL ITEMS OF TAXABLE INCOME, DEDUCTIONS AND TAX CREDITS ARE PASSED THROUGH TO AND ARE REPORTED BY THEIR OWNERS ON THEIR RESPECTIVE INCOME TAX RETURNS. EACH ENTITIY'S FEDERAL TAX STATUS AS A PASS-THROUGH ENTITY IS BASED ON THEIR RESPECTIVE LEGAL STATUS AS A LIMITED LIABILITY COMPANY. ACCORDINGLY, THE ENTITIES ARE NOT REQUIRED TO TAKE ANY TAX POSITIONS IN ORDER TO QUALIFY AS PASS-THROUGH ENTITIES. THE INDIVIDUAL ENTITIES (UNLESS A SINGLE MEMBER LIMITED LIABILITY COMPANY which is not required to file a tax return with the Internal Revenue Service) ARE REQUIRED TO FILE AND DO FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINACIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ENTITIES HAVE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. Income tax returns filed by CMHP and its affiliates 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 2010 remain open. PART IV, LINE 12 THE AUDITED FINANCIAL STATEMENTS WAS A CONSOLIDATION OF CHARLOTTE MECKLENBURG HOUSING PARTNERSHIP, INC. AND SUBSIDIARIES FOR THE 12 MONTH PERIOD JANUARY 1, 2013 THROUGH DECEMBER 31, 2013. PART VI SECTION B # 11 The CFO and controller of the organization review a draft copy of the tax return, consulting with the president and COO where necessary, to ensure that the return is correct. The final version of the return is distributed to members of the board of directors. PART VI SECTION B 12C & 15B 12C: The organization requires board members annually to sign statements acknowledging the conflict of interest policy. 15B: Salaries were compared TO those of Charlotte Housing Authority; consulted publications; engaged a consultant who studied CMHP compensation and made recommendations. PART VI SECTION C # 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Part XII Section #2B & #2C 2B: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE AUDITED FINANCIAL STATEMENTS ARE REPORTED WITHIN THE CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION OF Charlotte Mecklenburg Housing Partnership, INC. 2C: RESPONSIBILITY FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE ANNUAL AUDIT IS RESERVED BY THE Charlotte Mecklenburg Housing Partnership, INC. BOARD OF TRUSTEES. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:INVESTMENT GAIN/LOSS TOTAL EXPENSES:125156 PROGRAM SERVICES:125156 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TELEPHONE TOTAL EXPENSES:32215 PROGRAM SERVICES:18643 MANAGEMENT AND GENERAL:13572 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:POSTAGE AND SHIPPING TOTAL EXPENSES:9011 PROGRAM SERVICES:5002 MANAGEMENT AND GENERAL:4009 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:UTILITIES TOTAL EXPENSES:231120 PROGRAM SERVICES:221361 MANAGEMENT AND GENERAL:9759 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ADVERTISING TOTAL EXPENSES:100750 PROGRAM SERVICES:79207 MANAGEMENT AND GENERAL:21543 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROVISION FOR IMPAIRMENT TOTAL EXPENSES:502409 PROGRAM SERVICES:502409 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TEMPORARY SERVICES TOTAL EXPENSES:14834 PROGRAM SERVICES:4041 MANAGEMENT AND GENERAL:10793 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:80002 PROGRAM SERVICES:26006 MANAGEMENT AND GENERAL:53996 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:CABLE TOTAL EXPENSES:11298 PROGRAM SERVICES:11033 MANAGEMENT AND GENERAL:265 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ABANDONED PROJECT COST TOTAL EXPENSES:245634 MANAGEMENT AND GENERAL:245634 DOUBLE OAKS DEVELOPMENT LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 753249747 LOW-INC HSNG NC 1318745 12615106 CMHP INC SOUTH PARK MANAGER LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 753257651 LOW-INC HSNG NC 7500 36616 CMHP INC ROCKY BRANCH II MANAGER LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 561620516 low-inc hsng NC 713393 CMHP INC ARDEN STREET PROPERTIES LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 300693313 LOW-INC HSING NC 899087 CMHP INC CHESHIRE SEVERSVILLE LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 900657599 LOW-INC HSING NC 782404 5268631 CMHP INC CFU PORTFOLIO LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 800683575 LOW-INC HSING NC 185884 989836 CMHP INC CFU BRIGHTON PLACE LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARTLOTTE NC 28217 461721301 LOW-INC HSING NC 370413 1221190 CMHP INC CFU SHELTON KNOLL LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 461744491 LOW-INC HSING NC 370471 1210284 CMHP INC CFU PLEASANT VIEW LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 461733454 LOW-INC HSING NC 547968 2953397 CMHP INC TYVOLA CROSSING II LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 462394123 LOW-INC HSING NC 318707 356441 CMHP INC CMHP PROPERTIES INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 561891744 low-inc hsing NC 501(C)(3) 9 NA true FAIRVIEW SENIOR HOUSING INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 141869954 low-inc hsing NC 501(C)(3) 9 NA false A G HOMES LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 223945225 REAL ESTATE D NC NA RELATED -176 125204 false true 0.51000 GLORY STREET LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 562220040 RENTAL REAL E NC NA RELATED -27 325381 false true 0.00010 ROSEDALE II LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHERLOTTE NC 28217 810596389 RENTAL REAL E NC NA RELATED -12 82557 false true 0.00010 ROCKY BRANCH II LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 200826702 RENTAL REAL E NC NA RELATED -27 1025499 false true 0.00009 SOUTH PARK SENIORS LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 141958245 RENTAL REAL E NC NA RELATED -22 328839 false true 0.00005 DRUID HILLS LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 043605556 RENTAL REAL E NC CMHP PROPERTIES RELATED false false TYVOLA CROSSING LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 200399428 RENTAL REAL E NC CMHP PROPERTIES RELATED false false SOUTH OAK CROSSING LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 364581147 RENTAL REAL E NC NA RELATED -45 1585157 false true 0.00009 Gables II LLC 4601 charlotte park drive suite 35 charlotte NC 28217 412280552 rental real e NC na RELATED -27 151 false true 0.00010 STATEVILLE AVENUE HOMES LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 412280555 RENTAL REAL E NC NA RELATED -38 313 false true 0.00010 KOHLER AVENUE LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 352316669 RENTAL REAL E NC NA RELATED -20 198961 false true 0.00010 CATAWBA SENIOR HOUSING LLC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 461090630 RENTAL REAL E NC NA RELATED 0 886501 false true 0.00010 westinghouse apartments llc 4601 Charlotte Park Drive Suite 35 Charlotte NC 28217 800521826 low income- hsing NC westnghse mngr relaed -5 8216586 false false 0.00010 CMHP MORTGAGE INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 562256392 MORTGAGE NC CMHP Inc C CORPORATION 3925 2380464 1.00000 true CMHP TECE INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 760850136 LOW-INC HSNG NC CMHP Properties C CORPORATION 0 1585257 false GABLES II MANAGER INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 800425586 LOW-INC HSNG NC CMHP Inc C CORPORATION 29759 50 1.00000 true KOHLER MANAGER INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 943482627 LOW-INC HSNG NC CMHP Inc C CORPORATION 10609 393773 1.00000 true STATESVILLE AVENUE MANAGER INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 800443458 LOW-INC HSNG NC CMHP Inc C CORPORATION 10000 313 1.00000 true CATAWBA SENIOR MANAGER INC 4601 CHARLOTTE PARK DRIVE SUITE 35 CHARLOTTE NC 28217 462107863 LOW INC- HSING NC CMHP Inc C CORPORATION 0 886501 1.00000 true westinghouse manager inc 4601 charlotte park drive suite 350 charlotte NC 28217 611673892 LOW-INC HSNG NC CMHP Inc C coporation 0 -18637 1.00000 true false false false true false false false false false false false true true false false true false true false Westinghouse p 637486 cash Statesville Avenue Homes R 175221 cash Catawba Senior housing llc D 676508 loan balance Druid Hilles M 69141 cash Westinghouse L 659333 cash Westinghouse D 290023 cash