FORM 990, PART VI, SECTION A, LINE 2 |
JOSEPH F. GLENN THE VICE PRESIDENT IS MARRIED TO ELIZABETH C. GLENN THE SECRETARY/TREASURER. |
FORM 990, PART VI, SECTION A, LINE 3 |
THE ORGANIZATION HAS ENGAGED A PROPERTY MANAGEMENT COMPANY TO OVERSEE THE DAY TO DAY OPERATIONS OF THE APARTMENT COMPLEX OWNED BY THE ORGANIZATION. THE MANAGEMENT COMPANY IS EXPERIENCED IN THE OPERATION OF LOW INCOME RENTAL HOUSING UNDER HUD'S SECTION 202 PROGRAM. EMPLOYEES AT THE APARTMENT COMPLEX ARE EMPLOYEES OF THE MANAGEMENT COMPANY. THE MANAGEMENT CONTRACT HAS BEEN APPROVED BY HUD. |
FORM 990, PART VI, SECTION B, LINE 11B |
AN OFFICER OF THE BOARD AND THE PRESIDENT OF THE MANAGEMENT COMPANY REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
OFFICERS AND DIRECTORS ARE REMINDED OF THIS POLICY AT EACH BOARD MEETING AND ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST FOR DISCUSSION BY THE BOARD. |
FORM 990, PART VI, SECTION B, LINE 15 |
THE ORGANIZATION HAS NO PAID EMPLOYEES OR OFFICERS. DIRECTORS AND OFFICERS SERVE IN A VOLUNTEER CAPACITY AND ARE NOT COMPENSATED FOR THEIR SERVICE. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
FORM 990, PART IX, LINE 24E |
PROPERTY MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,719. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,719. REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 25,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,539. MISCELLANEOUS TAXES: PROGRAM SERVICE EXPENSES 381. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 381. |
FORM 990, PART XII, LINE 2C: |
AN OFFICER OF THE BOARD AND THE PRESIDENT OF THE MANAGEMENT COMPANY REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. |