2011-08-01T16:00:58-04:00 2010-12-31 SVA CERTIFIED PUBLIC ACCOUNTANTS 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2010-01-01 392010184 MIDWEST AFFORDABLE HOUSING CORP c/o PHILIP J SCHULTZ MIDW 4145882221 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 PHILIP J SCHULTZ 4145882221 2011-07-22 true DOUGLAS K BERRY 6088318181 2010 2016-03-07 17:11:31Z PHILIP J SCHULTZ 1560 EAST BLACKTHORNE PLACE MILWAUKEE WI 53211 600111 false X N/A X 2000 WI THE MISSION OF MIDWEST AFFORDABLE HOUSING CORPORATION IS TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH RESPECT FOR THE RESIDENTS TO BE SERVED. 3 2 0 0 0 28100 3000 547268 510024 44032 43243 0 43844 619400 600111 0 0 0 0 0 0 0 0 0 621121 673372 621121 673372 -1721 -73261 5193721 5312404 3963995 4155939 1229726 1156465 THE MISSION OF MIDWEST AFFORDABLE HOUSING CORPORATION IS TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE HOUSING WITH RESPECT FOR THE RESIDENTS TO BE SERVED. false false 668237 561801 OPERATION OF A 61-UNIT ELDERLY HOUSING APARTMENT COMPLEX (GREENTREE GLEN APARTMENTS) IN MADISON, WISCONSIN. 20% OF THE APARTMENT UNITS HAVE BEEN SET ASIDE FOR TENANTS WHOSE INCOME IS AT OR BELOW 50% OF COUNTY MEDIAN INCOME, ADJUSTED FOR FAMILY SIZE, FOR DANE COUNTY, WISCONSIN. THE COMPLEX IS OWNED BY GREENTREE GLEN, LLC, A WHOLLY-OWNED SUBSIDIARY. 5135 -7933 OPERATION OF A 24-UNIT AFFORDABLE HOUSING APARTMENT COMPLEX (TEUTONIA GARDENS) IN MILWAUKEE, WISCONSIN WITH RENTS AT LESS THAN 60% OF THE COUNTY MEDIAN INCOME. 673372 true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false true false false false true false false false false true true true false false false true 0 0 0 false false false false false false false false false false X 3 2 false false false false false false false true false false false true true true true false true false false false WI X PHILIP J SCHULTZ 4145882221 3900 S PRAIRIE HILL LANE GREENFIELD WI 53228 X PHILIP J SCHULTZ 2.0 X X 0 0 0 JOHN MCCARTY 0.5 X X 0 0 0 ROBERT J CISEK 0.5 X X 0 0 0 0 0 0 0 false false false 0 3000 3000 RENTAL INCOME 531110 513426 513426 MISC INCOME FROM TENANTS 531110 4531 4531 LOSS FROM INVSTMNT IN TG MANAGING MEMBER 531390 -7928 -7928 LOSS FROM INVSTMNT IN HORIZON SENIOR HSG XVII 531390 -5 -5 510024 43243 43243 0 0 0 0 0 0 MISCELLANEOUS INCOME 531390 16344 16344 REAL ESTATE TAX REIMBURSEMENT 531390 27500 27500 43844 600111 553868 43243 0 0 0 0 0 0 0 0 0 0 29190 29190 0 0 8227 8227 0 0 8000 8000 0 0 0 0 0 0 7156 7156 0 0 5853 5853 0 0 0 0 329176 329176 0 0 0 0 0 0 0 233128 233128 0 0 12649 12649 0 0 ADMINISTRATIVE EXPENSES 20103 20103 0 0 MISC. TAXES/LICENSES 959 959 0 0 PAYROLL REIMBURSEMENTS 18931 18931 0 0 673372 673372 0 0 102140 322862 43553 32634 65744 51988 712580 744600 8410 7710 5698817 1820762 3998801 3878055 639 -7294 261854 281849 5193721 5312404 209973 229599 9171 17744 510 10 3588060 3775449 156281 133137 3963995 4155939 X 1229726 1156465 1229726 1156465 5193721 5312404 -73261 X true false false X false X 261900 28100 3000 293000 539345 579329 496266 547268 553868 2716076 539345 579329 758166 575368 556868 3009076 161708 167195 328903 161708 167195 328903 2680173 65802 71308 41302 44032 43243 265687 65802 71308 41302 44032 43243 265687 605147 650637 799468 619400 600111 3274763 0.81843 0.86432 0.08113 0.08610 X 533359 533359 4732476 1556954 3175522 432982 263808 169174 3878055 TENANTS' SECURITY DEPOSITS 26309 RESERVE FOR REPLACEMENTS 144929 MORTGAGE ESCROW DEPOSITS 15398 INTEREST RECEIVABLE 43956 FINANCING FEES, NET OF AMORT. 51257 281849 0 TENANTS' SECURITY DEPOSITS 25517 ADVANCES FROM HORIZON DVLPMNT 107620 133137 PHILIP SCHULTZ ADV. FOR FEES X 510 10 false true false 10 HORIZON DEVELOPMENT GROUP INC >5% OWNED BY PHIL SCHULTZ 37445 INFRAST./DEVELOPMENT SERVICES false FORM 990 PART VI SECTION C LINE 19 DESCRIBE HOW THE ORG. MAKES GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 PART VI SECTION B LINE 11B THE ORGANIZATION'S PROCESS FOR REVIEWING THE FORM 990 A COPY OF THE DRAFT FORM 990 IS PROVIDED TO EACH DIRECTOR ON THE BOARD FOR THEIR REVIEW AND COMMENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990 PART VI SECTION A LINE 8B DOCUMENTATION OF MEETINGS HELD OR WRITTEN ACTIONS TAKEN DURING THE YEAR THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990 PART VI SECTION B LINE 12C HOW THE ORGANIZATION MONITORS/ENFORCES THEIR CONFLICT OF INTEREST POLICY THE PRESIDENT OF THE BOARD OF DIRECTORS IS INVOLVED WITH PROPOSED OR ONGOING TRANSACTIONS AND MONITORS ANY POTENTIAL CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT FORM TO IDENTIFY ANY CONFLICTS OF INTEREST. ANY BOARD MEMBERS WITH A CONFLICT OF INTEREST IN A PROPOSED TRANSACTION MUST ABSTAIN FROM VOTING ON THE TRANSACTION. GREENTREE GLEN LLC 1560 EAST BLACKTHORNE PLACE WHITEFISH BAY WI 53211 392010184 ELDERLY HSG WI 562130 2073295 TG MANAGING MEMBER LLC 3900 S PRAIRIE HILL LANE GREENFIELD WI 53228 331176767 REAL ESTATE WI N/A RELATED -7928 292689 false true 0.51000 HORIZON SENIOR HOUSING XVII LLC 5201 EAST TERRACE DRIVE SUITE 300 MADISON WI 53718 201256458 REAL ESTATE WI NA RELATED -5 -45 false false 0.51000 false false false true false false false false false false false false false false false false false false