2024-09-03T10:26:13-04:00 2024-06-30 621868414 FLEET FIRM 759 TEALWOOD LN CORDOVA TN 380186334 990 2023-07-01 710773527 FIRST STEP APARTMENTS INC FIRS 5012800037 212 S MAIN STREET MALVERN AR 72104 C CARL SCHULTZ PRESIDENT 5012800037 2024-08-23 true false NELSON K FLEET CPA P00121794 9013364602 2024-09-03 2023 2024-08-08 14:25:15Z C CARL SCHULTZ 212 S MAIN STREET MALVERN AR 72104 217752 false X N/A X 1995 AR PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 3 3 0 0 0 188407 217447 242 305 0 188649 217752 0 0 38503 44310 0 0 166242 184069 204745 228379 -16096 -10627 605694 596240 27232 28405 578462 567835 PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. false false 188650 217447 PROVIDE LOW-INCOME HOUSING TO PERSONS WITH DISABILITIES LOCATED IN HELENA, ARKANSAS IN ACCOURDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 188650 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false true 7 0 true 0 false false false false false false false false X 3 3 true true false false false true false true true false false true true true true false false false false false X INTREPID MANAGEMENT INC 5102800037 212 S MAIN STREET MALVERN AR 72104 X JEFFREY OWENS TREASURER X X 0 0 0 C CARL SCHULTZ PRESIDENT X X 0 0 0 CYNTHIA WHEELER SECRETARY X X 0 0 0 false false false NET RENTAL REVENUE 531110 215946 215946 LAUNDRY AND VENDING REVENUE 812 812 TENANT CHARGES 689 689 217447 305 305 217752 217447 305 40879 40879 3431 3431 28988 28988 10038 10038 153 153 4950 4950 48360 48360 702 702 27123 27123 15039 15039 CONTRACTS-GROUNDS 8177 8177 REAL ESTATE TAXES 6698 6698 REHAB 6619 6619 HEATING/COOLING MAINT 4659 4659 22563 22562 1 228379 188650 39729 0 2452 1261 5972 10794 1084679 728587 383215 356092 214055 228093 605694 596240 22631 23322 391 391 4210 4692 27232 28405 X -429457 -440084 1007919 1007919 578462 567835 605694 596240 -10627 X false true X true true true X 160812 158838 170420 188407 217447 895924 160812 158838 170420 188407 217447 895924 895924 186 169 104 242 305 1006 186 169 104 242 305 1006 160998 159007 170524 188649 217752 896930 0.99890 0.99900 0.00000 0.00000 X PART III, LINE 12 MISCELLANEOUS REVENUE 0 49819 49819 1023771 717498 306273 11089 11089 356092 RESERVE FOR REPLACEMENT 204918 ESCROW ACCOUNTS 18302 SECURITY DEPOSIT CASH 4873 228093 TENANT SECURITY DEP (CONTRA) 4692 4692 217752 217752 217752 228379 228379 228379 INTREPID INVESTMENTS INC OWNER 128 BACKGROUND CHECKS false INTREPID MANAGEMENT INC OWNER 28988 MANAGEMENT AGENT true UNITED PROPERTIES MANAGEMENT INC OWNER 1382 ADMIN SERVICES false ARKANSAS CONS PAYROLL PROCESSING OWNER 53123 PAYROLL false CERTIFIED HEAT AIR SIBLING 3381 HEAT AND AIR REPAIR false INTREPID MANAGEMENT INC OWNER 1924 ADMIN SERVICES false SCHEDULE L, PART V C. CARL SCHULTZ AND CYNTHIA WHEELER ARE SIBLINGS AND OFFICERS OF THE ENTITY. THEY ARE OWNERS OF INTREPID INVESTMENTS, INC. AND INTREPID MANAGEMENT, INC. C. CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND IS AN OWNER OF UNITED PROPERTIES MANAGEMENT, INC. C. CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND IS SOLE OWNER OF ARKANSAS CONSOLIDATED PAYROLL PROCESSING. SERVICES PROVIDED INCLUDE PAYROLL PROCESSING AND LEASING OF EMPLOYEES. C. CARL SCHULTZ IS THE PRESIDENT OF THE ENTITY. HIS BROTHER IS THE SOLE OWNER OF CERTIFIED HEAT & AIR. FORM 990, PAGE 6, PART VI, LINE 2 C. CARL SCHULTZ CYNTHIA WHEELER PRESIDENT SECRETARY SIBLINGS C. CARL SCHULTZ JEFFREY OWENS PRESIDENT TREASURER EMPLOYER AND EMPLOYEE FORM 990, PAGE 6, PART VI, LINE 3 DAY-TO-DAY OPERATIONS HAVE BEEN DELEGATED TO A MANAGEMENT AGENT, INTREPID MANAGEMENT, INC., WHO HAS BEEN APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 7A THE NUMBER OF DIRECTORS OF THE CORPORATION SHALL BE THREE (3), WHO SHALL ELECT THEIR SUCCESSORS, IN THE EVENT OF A VACANCY, AND WHO SHALL ELECT THE OFFICERS OF THE CORPORATION. ALL DIRECTORS AND OFFICERS SHALL SERVE ONE YEAR TERMS, BUT SHALL SERVE UNTIL THEIR SUCCESSORS ARE ELECTED. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 PREPARED BY AN EXTERNAL CPA FIRM AND PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL RELATED PARTY TRANSACTIONS ARE DISCLOSED IN THE ANNUAL FINANCIAL REPORT WHICH IS SUBMITTED TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTATION IS NOT AVAILABLE FOR PUBLIC VIEW BUT CAN BE MADE AVAILABLE UPON WRITTEN REQUEST.