2012-11-15T09:47:33-08:00 2011-12-31 ROBERTS & ASSOCIATES PLLC 1660 E RIVER RD STE 100 TUCSON AZ 857185834 990 2011-01-01 860750139 Family Housing Resources Inc FAMI 5203180993 1700 E Fort Lowell Tucson AZ 85719 JOHN GLAZE 2012-11-15 true Mary T Roberts CPA 5208817211 2011 2016-02-24 21:20:13Z John Glaze 1700 E Fort Lowell 101 Tucson AZ 85719 10784994 false false X FAMILYHOUSINGRESOURCES.COM X 1994 AZ FAMILY HOUSING RESOURCES, INC'S PRIMARY EXEMPT PURPOSE IS TO assist low to moderate income families and individuals obtain decent, affordable housing. 3 3 93 0 607628 362233 8411793 8948805 51401 150410 18313 15970 9089135 9477418 2000 0 0 2850678 3038404 0 37448 7992724 8144296 10845402 11182700 -1756267 -1705282 54224390 54381636 41003553 40816724 13220837 13564912 FAMILY HOUSING RESOURCES, INC'S PRIMARY EXEMPT PURPOSE IS TO assist low to moderate income families and individuals obtain decent, affordable housing. false false 8678932 7686835 MULTIFAMILY RESIDENTIAL PROGRAM -FHR OWNS SEVEN APARTMENT RENTAL COMMUNITIES IN TUCSON WHICH ARE OFFERED TO LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES. OVER 1,200 UNITS ARE OFFERED TO RESIDENTS. 1971423 1261970 SUPPORTIVE HOUSING PROGRAMS - FHR PROVIDES MORTGAGE CREDIT CERTIFICATE (MCC) ADMINISTRATION FOR FIRST-TIME HOMEBUYERS ON BEHALF OF VARIOUS LOCAL INDUSTRIAL DEVELOPMENT AUTHORITIES THROUGHOUT ARIZONA. FHR CONDUCTS HOMEBUYER COUNSELING PROGRAMS AND ALSO SPONSORS DOWNPAYMENT ASSISTANCE PROGRAMS (DAP) THROUGH HUD. FHR PROVIDES PROPERTY MANAGEMENT SERVICES TO ITS VARIOUS RESIDENTIAL PROJECTS AVAILABLE TO LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES. FHR WILL BE PROVIDING ASSISTANCE WITH FINANCING NEEDS TO THEIR TARGET POPULATIONS. 10650355 true true false false false false false false false false true false false false true true false false false false false false false false true false false false false true false false false false false false false false false false false false false false false true true true true false false true 28 0 true 93 true false false false false false false false false false false false 0 false false false false false false false false false false false X 3 3 false false false false false false false true false false false false true true true true true true true true false false X X FAMILY HOUSING RESOURCES INC 5203180993 1700 E FT LOWELL 101 TUCSON AZ 85719 Tom DeSolar 5.00 X 0 0 0 CECILIA CRUZ 5.00 X X 0 0 0 BERNHARDT COLLINS 5.00 X X 0 0 0 John Glaze 40.00 X 175862 0 15442 175862 15442 1 false true false Poster Frost Associates 317 N Court Ave Tucson AZ 85701 ARCHITECTURE 224095 LandTamers Landscaping LLC PO Box 18095 Tucson AZ 85731 LANDSCAPING 169672 Criterion Brock PO Box 31001-1859 Pasadena CA 91110 REPAIR SERVICES 332447 AZ Partsmaster PO Box 23169 Phoenix AZ 85063 REPAIR SERVICES 164698 ARTISTIC CARPET CLEANING 39 E CAMINO TIERRA MONTANA SAHUARITA AZ 85629 REPAIR SERVICES 108705 5 362233 362233 SUPPORTIVE HOUSING 1261970 1261970 MULTIFAMILY RESIDENTIAL 7686835 7686835 8948805 61777 61777 0 0 0 1385904 1297271 88633 88633 88633 26275 10305 15970 15970 0 0 0 9477418 8948805 166380 0 0 0 0 175852 152991 8793 14068 0 2436250 2265458 152584 18208 0 193488 179273 11846 2369 232814 215998 14013 2803 3203 3203 74670 28707 45963 57119 19419 37700 0 0 10469 10469 0 116957 113619 3338 160013 112814 47199 0 0 1121403 1073973 47430 4999 4999 0 0 2144778 2141281 3497 0 2146785 2146785 164322 139157 25165 REPAIRS AND MAINTENANCE 672005 661777 10228 PROPERTY TAXES 487912 461955 25957 OUTSIDE SERVICES 691512 670051 21461 MISCELLANEOUS 35424 15632 19792 MAINTENANCE SUPPLIES 230447 230447 22278 21018 1260 11182700 10650355 494897 37448 698638 814717 0 0 325754 209248 0 0 972123 918314 0 260876 38268 48681663 48558425 48681663 1106055 1084394 0 0 1577294 1523841 725225 1111191 54224390 54381636 778273 610030 147760 184901 39616444 39542028 349693 349693 111383 130072 41003553 40816724 X 13220837 13564912 13220837 13564912 54224390 54381636 X -1705282 2049357 X false true false X false false X 1525000 607628 362233 2494861 9737309 9415071 8894586 8411793 8948805 45407564 0 0 0 9737309 9415071 10419586 9019421 9311038 47902425 0 0 47902425 38014 32443 189670 51401 61777 373305 0 38014 32443 189670 51401 61777 373305 0 13214 26054 4524 18313 15970 78075 9788537 9473568 10613780 9089135 9388785 48353805 0.99070 0.99130 0.00770 0.00720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9209971 9209971 36140344 36140344 203657 203657 3127691 3127691 48681663 TENANT SECURITY DEPOSITS IN TRUST 130072 130072 9477418 11182700 -1705282 -92045 2121883 2029838 324556 11031627 -92045 1737963 1645918 9385709 10469 81240 91709 9477418 10717540 1709413 1709413 9008127 2174573 2174573 11182700 Part X Part X : FIN48 Footnote The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. The Organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.The Organization's federal income tax returns generally remain subject to examination by the Internal Revenue Service for three years from the date filed. The Organization's Arizona income tax returns generally remain subject to examination by the Arizona Department of Revenue for four years from the date filed. Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S CURRENT DEPRECIATION EXPENSE $2093333 RIA NOVA EXPENSES ELIMINATED IN CONS $81240 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S GOLF TOURNAMENT EXPENSES ON VIII LN 8B $10305 RIA NOVA EXPENSES IN CONSOLIDATED FS $1699108 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S RIA NOVA FEES TO FHR ELIMINATED IN CONS $81240 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 GOLF TOURNAMENT EXPENSES ON VIII LN 8B $10305 RIA NOVA REVENUES CONSOLIDATED IN F/S $1727658 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances gaap departure current depreciation $2093333 TRANSFERS TO AFFILIATED ENTITIES $ -0 false INCOME FROM SPECIAL EVENTS 26275 26275 10305 26275 26275 10305 10305 15970 X false false false false false false false false false false John Glaze 175862 15442 191304 FORM 990, PART IV, LINE 12 ORGANIZATION RECEIVED CONSOLIDATED AUDITED FINANCIAL STATEMENTS THAT WERE PREPARED WITH A DEPARTURE FROM GAAP AND INCLUDED RIA NOVA-FHR, INC. 86-0832807. PROPERTY AND EQUIPMENT ARE STATED AT ORIGINAL COST. THESE ASSETS SHOULD BE STATED AT ORIGINAL COST NET OF ACCUMULATED DEPRECIATION TO CONFORM WITH GAAP. THE CURRENT EFFECT OF THIS DEPARTURE IS REPORTED IN SCHEDULE D, PART XI, LINE 8 AND PART XIII, LINE 4B. FORM 990, PART I, LINE 22 - NET ASSETS BEGINNING END OF YEAR OF YEAR$ 15,054,005 $ 15,426,626 NET ASSETS CONSOLIDATED AUDITED F/S WITH GAAP DEPARTURE (1,833,168) (1,861,714) RIA NOVA-FHR, INC. INCLUDED IN CONSOLIDATED F/S$ 13,220,837 $ 13,564,912 NET ASSETS FORM 990 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available DOCUMENTS ARE AVAILABLE UPON REQUEST. CONTACT INFORMATION IS DISCLOSED ON THE ORGANIZATION'S WEBSITE. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees BOARD OF DIRECTORS REVIEWS OVERALL COMPENSATION USING LOCAL COMPARABILITY DATA AND VOTES ON ANY RECOMMENDATION FOR INCREASE OR CONTINUANCE.SUCH DISCUSSIONS ARE REFLECTED IN THE MINUTES. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ORGANIZATION ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL DISCLOSURE STATEMENTS FROM OFFICERS, DIRECTORS AND KEY EMPLOYEES. THE ORGANIZATION ALSO CONDUCTS PERIODIC VERBAL INQUIRIES OF ALL MANAGERS FOR DISCLOSURE OF ANY PERSONAL BUSINESS RELATIONSHIPS WITH COMPANY VENDORS. ORGANIZATION ALSO PERFORMS PERIODIC REVIEWS AS OUTLINED IN THE POLICY. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process FORM 990 WAS DISTRIBUTED TO THE GOVERNING BODY AND REVIEWED BY THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER. Form 990, Part VI, Line 8 Form 990, Part VI, Line 8 : Explanation of No Contemporaneously Documentation of Meetings ORGANIZATION DOES NOT USE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. MEETINGS AND DECISIONS UNDERTAKEN BY THE GOVERNING BODY DURING THE YEAR ARE CONTEMPORANEOUSLY DOCUMENTED. FHR BENSON DEVELOPMENT LLC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 860989045 LIHTC AZ N/A FHR MORTGAGE LLC 1700 E FT LOWELL STE 102 TUCSON AZ 85719 203727662 ASSIST LOW & MODERATE INCOME PEOPLE WITH FINANCING NEED AZ 732 25000 N/A FHR RESIDENTIAL LLC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 201508074 MANAGE LOW INCOME RESIDENTIAL PROPERTIES AZ 409779 389576 N/A QUALITY APARTMENT LIVING LLC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 861047090 LOW INCOME HOUSING AZ 7671689 49432059 N/A SOUTHWEST APARTMENTS INC 1700 E FORT LOWELL ROAD 101 TUCSON AZ 85719 860953154 SUPPORTING ORGANIZATION AZ 501(C)(3) 509A3 TP II N/A false INDUSTRIAL DEV AUTHORITY OF PIMA COUNTY 6700 N ORACLE RD STE 100 TUCSON AZ 85704 860445981 ISSUE TAX EXEMPT BONDS AZ GOVERNMENT N/A false RIA NOVA - FHR INC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 860832807 LOW INCOME HOUSING AZ 501(C)(3) 509A3 TP II N/A false SAN PEDRO TERRACE APARTMENTS LLC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 861035719 LIHTC AZ FHR-BENSON false true 0.00010 TUCSON LOMA VERDE LLC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 861039028 LIHTC AZ fhr-csa lo false true 0.00010 FHR-CSA LOMA VERDE DEVELOPMENT LLC 1700 E FT LOWELL STE 101 TUCSON AZ 85719 861038562 LOW INC HSG AZ N/A false true false false false false false false false false false false true false false true false false false false SAN PEDRO TERRACE APARTMENTS LLC k 5982 cash for servic TUCSON LOMA VERDE LLC k 22713 cash for servic RIA NOVA - FHR INC n 288190 cost RIA NOVA - FHR INC k 81240 cash for servic