2013-11-15T16:34:31-07:00 2013-06-30 455232968 Edgley PLLC 5216 Central Ave Indianapolis IN 46220 990 2012-07-01 561908374 THP Housing Inc THPH 3366441262 6353 Poplar Forest Drive Summerfield NC 27358 Kathy Norcott 3368862437 2013-10-31 1 Thomas C Edgley CPA P01484983 3177211727 2013-10-19 2012 2015-11-30 17:44:51Z Kathy Norcott 6353 Poplar Forest Drive Summerfield NC 27358 131508 0 X X 1996 NC To provide safe, sanitary, affordable housing for very low income persons with disabilities. 4 4 0 0 0 0 106647 101460 23339 29667 897 381 1577 0 132460 131508 0 0 0 0 0 0 0 0 0 167404 160197 167404 160197 -34944 -28689 988055 963105 1571789 1575528 -583734 -612423 To provide safe, sanitary, affordable housing for very low income persons with disabilities. 0 0 135108 0 29667 Operating a 25-unit apartment community to provide safe, sanitary, affordable housing to very low income persons with disabilities pursuant to Section 811 of the National Housing Act. 0 0 0 135108 1 1 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X McClain Barr & Associates LLC 3366441262 6353 Poplar Forest Drive Summerfield NC 27358 X Kathy Norcott 0.5 0 X X 0 0 0 Ann Buffington 0.5 0 X X 0 0 0 Carrie McClenton 0.5 0 X 0 0 0 Joyce Satterfield 0.5 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 101460 0 0 101460 Rental income 531110 29667 29667 0 0 0 0 0 0 29667 381 0 0 381 0 0 0 0 0 0 0 0 0 0 0 0 0 0 131508 29667 0 381 16145 16145 378 378 5800 5800 3144 3144 41664 41664 42073 42073 Management company personnel costs 49899 49899 0 0 Bad debts 1094 1094 0 0 160197 135108 25089 0 3204 2976 0 0 0 0 865 961 0 0 0 0 0 0 0 0 0 0 1536136 718096 843965 818040 0 0 0 0 136002 136723 0 0 4019 4405 988055 963105 10227 14022 0 0 44 147 0 0 0 0 0 0 1557500 1557500 0 0 4018 3859 1571789 1575528 X -583734 -612423 0 0 0 0 -583734 -612423 988055 963105 -28689 0 0 0 0 0 X 0 1 X 1 1 1 X 108587 110113 113766 106647 101460 540573 23919 24965 20149 23339 29667 122039 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132506 135078 133915 129986 131127 662612 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 662612 2806 1893 1212 897 381 7189 0 0 0 0 0 0 2806 1893 1212 897 381 7189 0 0 0 0 0 464 15 1068 1577 0 3124 135776 136986 136195 132460 131508 672925 0.98467 0.9792 0.01068 0.0162 X Miscellaneous income consists of tenant charges, laundry and vending charges, and other income items for services provided for the convenience of the residents. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 96000 96000 0 1099792 461577 638215 0 0 0 0 0 116520 77324 39196 0 223824 179195 44629 818040 Replacement reserve fund 136723 C 136723 0 Security deposits held 3859 3859 X 131508 0 0 0 0 0 131508 0 0 0 131508 160197 0 0 0 0 0 160197 0 0 0 160197 SchD_P10_S00_L02 Schedule D, Part X, Line 2 Accounting for uncertainty in income taxes: The Corporation is exempt from federal and state income tax under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. F990_P06_S0A_L03 Form 990, Part VI, Section A, Line 3 The operations of the apartment community are managed by McClain, Barr & Associates, LLC (MBA). MBA is a professional property management company. MBA has a project owner's and management agent's certification for multifamily housing projects with the U.S. Department of Housing and Urban Development (HUD). Under this certification, HUD has approved MBA to manage the apartment community. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Board of Directors reads and reviews Form 990 prior to approving the return for filing with the IRS. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Form 990, the governing documents, and all related financial and policy information is kept in the organization's central file room with the books and records, and made available to the public upon written request.