2024-11-08T14:58:41-05:00 2023-12-31 561425237 O DOUGLAS COVINGTON 1031 SUMMIT AVE STE 2E1 GREENSBORO NC 27405 990 2023-01-01 562074393 OLE ASHEBORO STREET NEIGHBORHOOD ASSOCIATION INC OLEA 3362726844 503 MARTIN LUTHER KING JR DRIVE GREENSBORO NC 27406 CARL W BROWER JR V. PRESIDENT 3367265844 2024-11-01 false O DOUGLAS COVINGTON P01266208 3362725618 2024-11-01 2023 2024-10-15 13:58:12Z CARL W BROWER JR 165496 false X X 1999 NC THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2.TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3.TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4.TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5.TO DEVELOP AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMONG NEIGHBORS. 6.TO ENFORCE THE IMPLEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7.TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8.TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FU 5 5 2 0 0 0 265 624 20998 23750 21263 24374 0 0 0 0 0 8958 13407 8958 13407 12305 10967 324453 335196 32629 32405 291824 302791 X THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2.TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3.TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4.TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5.TO DEVELOP AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMONG NEIGHBORS. 6.TO ENFORCE THE IMPLEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7.TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8.TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FU false false 9744 THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2. TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3. TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4. TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5. TO DEVELOPME AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMOUNG NEIGHBORS. 6. TO ENFORCE THE IMPEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7. TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8. TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FURTHER THE GOALS OF THE ASSOCIATION. 9744 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 2 true false false false false false false false false X 5 5 false false false false false false false true true false false false false false false false false false NC OLE ASHEBORO ST NEIGHBORHOOD ASSOC 3365742408 503 MARTIN LUTHER KING JR DRIVE NO 101 GREENSBORO NC 27406 X BARBARA AKINS PRESIDENT X X 0 0 0 MICHAEL AKINS DIRECTOR X 0 0 0 TYRONE HOLLOMAN TREASURER X X 0 0 0 CARL W BROWER JR V. PRESIDENT X X 0 0 0 DOMINIC MERCURIO SECRETARY X 0 0 0 false false false 624 624 149804 141122 8682 8682 8682 MANAGEMENT FEE INCOME 15068 15068 15068 24374 15068 9306 3663 3663 NEIGHBORHOOD PROGRAMS 9744 9744 13407 9744 3663 0 88930 96179 3511 9050 107839 101548 8243 6291 223769 223676 324453 335196 18412 20472 14217 11933 32629 32405 X 291824 302791 291824 302791 324453 335196 10967 X false true X false false X 6000 5070 27414 16100 15068 69652 6000 5070 27414 16100 15068 69652 69652 516 82 109 265 624 1596 71248 48238 0.97760 0.98040 X 107839 101548 6291 6291 REPLACMENT RESERVE BANK ACCOUNT 195927 TENANT SECURITY DEPOSIT BANK ACCOUNT 14581 MANAGEMENT FEE RECEIVABLE 13168 223676 TENANT SECURITY DEP. HELD IN TRUST 10988 PREPAID RENT 945 11933 X 24374 24374 24374 13407 13407 13407 SCHEDULE D, PAGE 3, PART X INCOME TAXES: THE ASSOCIATION HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION AND IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. FOR THE YEARS ENDING DECEMBER 31, 2023, AND 2022, THE ASSOCIATION HAD NO UNRELATED BUSINESS INCOME. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ASSOCIATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ASSOCIATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ASSOCIATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ASSOCIATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023 OR 2022. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ASSOCIATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. FORM 990 - ORGANIZATION'S MISSION THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2.TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3.TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4.TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5.TO DEVELOP AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMONG NEIGHBORS. 6.TO ENFORCE THE IMPLEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7.TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8.TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FURTHER THE GOALS OF THE ASSOCIATION. FORM 990, PAGE 2, PART III, LINE 4A THE ASSOCIATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.TO REPRESENT THE CONCERNS OF THE MEMBERS OF THE ASSOCIATION. 2. TO EDUCATE, INFORM AND INVOLVE THE RESIDENTS OF THE AREA AND COMMUNITY AT LARGE ON CURRENT ISSUES THAT AFFECT THE SOCIAL WELFARE, ECONOMIC DEVELOPMENT AND STATUS OF THE NEIGHBORHOOD. 3. TO ACT AS A LIAISON BETWEEN THE NEIGHBORHOOD, INSTITUTIONS, BUSINESS ESTABLISHMENTS, AND THE MUNICIPALITIES. 4. TO ASSIST RESIDENTS IN OBTAINING MAXIMUM BENEFITS IN LIFE STYLES BY CREATING A FORUM THAT PROMOTES POSITIVE ASSOCIATIONS, EDUCATIONAL RESOURCES, REHABILITATION PROGRAMS, ETC. 5. TO DEVELOPME AND ADVOCATE NEIGHBORHOOD CONCERN BY STRENGTHENING RELATIONSHIPS AMOUNG NEIGHBORS. 6. TO ENFORCE THE IMPEMENTATIONS OF IMPROVING PUBLIC WORKS AND SERVICES IN THE AREA. 7. TO ESTABLISH AND PROMOTE ACTIVITIES TOWARD QUALITY HOUSING AND ECONOMIC DEVELOPMENT IN THE AREA. 8. TO SPONSOR NEIGHBORHOOD MEETINGS, CULTURAL AND CIVIC EVENTS THAT IMPROVE THE QUALITY OF LIFE, EDUCATE THE RESIDENTS AND/OR FURTHER THE GOALS OF THE ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC