2024-11-13T14:27:50-06:00 2023-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-01-01 311663821 CROWN COURT PROPERTIES LTD CROW 2622427705 2233 W MEQUON RD MEQUON WI 53092 MENACHEM RAPOPORT VICE PRESIDENT/SECRETARY 2622427705 2024-11-13 1 1 JENNY TARKOWSKI CPA P00634290 6082744020 2024-11-12 2023 2024-10-15 13:58:12Z RABBI MORDECHAI SPALTER 2233 W MEQUON RD MEQUON WI 53092 9276877 0 X CROWNCOURTPROPERTIES.COM X 1999 WI TO CARRY OUT THE PURPOSES OF CONGREGATION AGUDAS ACHIM CHABAD, INC. 5 2 4 2 -10855 0 284509 283709 3285852 5856461 65627 376055 -18258 -22244 3617730 6493981 501893 679934 0 0 179685 190064 0 0 0 2775712 3959706 3457290 4829704 160440 1664277 22402102 28887062 15774902 20138103 6627200 8748959 THE MISSION OF CROWN COURT PROPERTIES, LTD. IS TO ACQUIRE, REHABILITATE, AND MAINTAIN QUALITY AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME HOUSEHOLDS. 0 0 4130776 679934 5856461 CROWN COURT PROPERTIES, LTD. PRESERVES AFFORDABLE HOUSING THAT IS AT RISK OF BEING ELIMINATED FROM THE NATIONAL AFFORDABLE HOUSING INVENTORY AS A RESULT OF CONVERSION TO MARKET OR PHYSICAL DETERIORATION. CROWN COURT PROPERTIES, LTD. ALSO MAKES GRANTS AND DISTRIBUTIONS TO OTHER ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 4130776 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 18 0 4 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 2 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MENACHEM RAPOPORT 2622427705 2233 W MEQUON RD MEQUON WI 53092 RABBI MORDECHAI SPALTER PRESIDENT/TREASURER 20.00 20.00 X X 15000 0 123046 MENACHEM RAPOPORT VICE PRESIDENT/SECRETARY 40.00 X X 25838 0 45242 RABBI DAVID RAPOPORT DIRECTOR 10.00 30.00 X 0 0 28132 ARNOLD PELTZ DIRECTOR 1.00 X 0 0 0 STEPHEN CHERNOF DIRECTOR 1.00 X 0 0 0 40838 0 196420 0 0 0 0 0 283709 283709 RENTAL INCOME 531110 3109272 3109272 DEVELOPMENT FEES 531310 2345152 2345152 ADMINISTRATIVE FEES 531310 209111 209111 INTEREST EXPENSE SUBSIDY 531110 165403 165403 27523 27523 5856461 85889 85889 54247 76491 -22244 -22244 -10855 -11389 2996571 2706405 290166 290166 290166 6493981 5856461 -10855 364666 679934 679934 149126 52194 96932 33832 11841 21991 7106 2487 4619 844634 583265 261369 3016 3016 61000 61000 39977 39977 4597 759 3838 111004 16900 94104 17366 2867 14499 1815816 1795401 20415 37344 14938 22406 4072 672 3400 7036 1825 5211 962049 958175 3874 11400 2850 8550 BAD DEBT EXPENSE 39732 6559 33173 DUES & SUBSCRIPTIONS 663 109 554 4829704 4130776 698928 0 832885 2199910 307937 382051 55066 174552 684072 1282682 139362 153178 35972273 18039698 15299925 17932575 458298 483398 4624557 6278716 22402102 28887062 206924 472123 69185 38951 10228009 13719538 5270784 5907491 15774902 20138103 X 6627200 8748959 6627200 8748959 22402102 28887062 X 1664277 457482 X 0 1 X 0 0 X X 1 CONGREGATION AGUDAS ACHIM CHABAD INC 391735636 1 1 103000 0 1 103000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2126884 2126884 29305184 14372300 14932884 2818955 2249999 568956 1721250 1417399 303851 17932575 DEVELOPMENT FEE RECEIVABLE 2146391 DUE FROM RELATED PARTIES 765690 RESTRICTED FUNDS AND DEPOSITS HELD IN TRUST 3366635 6278716 TENANT SECURITY DEPOSITS 134516 DEFERRED EXCHANGE GRANT REVENUE 5772975 5907491 1 CONGREGATION AGUDAS ACHIM CHABAD INC 2233 W MEQUON RD MEQUON WI 530923138 391735636 501(C)(3) 103000 0 GENERAL SUPPORT PELTZ CENTER FOR JEWISH LIFE INC 2233 W MEQUON RD MEQUON WI 530923138 331004575 501(C)(3) 475025 0 GENERAL SUPPORT CROWN HEIGHTS CHEVRA SIMCHAS SHABBOS V'YOM TOV INC 596 MONTGOMERY ST BROOKLYN NY 11225 200780201 501(C)(3) 15551 0 GENERAL SUPPORT CHABAD OF BROOMFIELD 4300 LEXI CIR BROOMFIELD CO 80023 883470633 501(C)(3) 9600 0 GENERAL SUPPORT EDUCATIONAL INSTITUTE OHOLEI TORAH OF BROOKLYN INC 667 EASTERN PKWY BROOKLYN NY 11213 116077811 501(C)(3) 7500 0 GENERAL SUPPORT AMERICAN FRIENDS OF YAD ELIEZER 410 GLENN RD JACKSON NJ 08527 113459952 501(C)(3) 15000 0 GENERAL SUPPORT YESHIVA OHR ELCHONON CHABAD WEST COAST TALMUDICAL SEMINARY 7215 WARING AVE LOS ANGELES CA 90046 954384473 501(C)(3) 9000 0 GENERAL SUPPORT 7 0 PART I, LINE 2: CROWN COURT PROPERTIES, LTD. SUPPORTS COMMUNITY ORGANIZATIONS AND INSTITUTIONS OF LEARNING THAT HAVE A PROVEN TRACK RECORD OF SUCCESS IN THEIR PROGRAMS AND WHOSE STUDENTS HAVE A DOCUMENTED TRACK RECORD IN MAKING A DIFFERENCE. MEMBERS OF CROWN COURT PROPERTIES, LTD.'S GOVERNING BODY KEEP UP TO DATE ON THE ACTIVITIES OF THESE ORGANIZATIONS AND INSTITUTIONS AND PROVIDE FEEDBACK TO THE GOVERNING BODY FOR USE IN ITS GRANT MAKING DECISIONS. THE MEMBERS OF THE GOVERNING BODY ALSO REVIEW FINANCIAL AND OTHER REPORTS OF THE ORGANIZATIONS AND INSTITUTIONS THAT RECEIVED GRANTS TO MONITOR THE USE OF GRANT FUNDS. A WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY 391209764 976904ZC9 2015-11-30 2160000 PURCHASE OF LOW-INCOME HOUSING BUILDING 0 0 1 B WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY 391209764 976904L83 2017-12-21 3300000 PURCHASE OF LOW-INCOME HOUSING BUILDING 0 0 1 A 2160000 2160000 2160000 2015 0 0 1 1 B 310336 3300000 3300000 2017 0 0 1 1 A 1 0 0 0 1.00000 0.00000 1.00000 0 0 0 B 1 0 0 0 1.00000 0.00000 1.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 FORM 990, PART VI, SECTION A, LINE 2 MENACHEM RAPOPORT AND RABBI DAVID RAPOPORT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE APPOINTED BY CONGREGATION AGUDAS ACHIM CHABAD, INC. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE ORGANIZATION'S OFFICERS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT MEMBERS OF THE GOVERNING BODY ANNUALLY DETERMINE THE PRESIDENT'S AND VICE PRESIDENT'S COMPENSATION USING DATA ON COMPENSATION PAID BY COMPARABLE ORGANIZATIONS IN THE COMMUNITY FOR SIMILAR SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EXCESS OF FMV OF NET ASSETS ACQUIRED OVER CONSIDERATION PAID IN ACQUISTION 1,640,298. EXCESS OF LIABILITIES ASSUMED OVER ASSETS ACQUIRED IN ACQUISITION -1,182,816. CROWN COURT TERRACE HEIGHTS LLC 2233 W MEQUON RD MEQUON WI 530923138 391369317 AFFORDABLE RENTAL HOUSING WI 43 0 CROWN COURT PROPERTIES LTD TERRACE HEIGHTS APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 550821775 AFFORDABLE RENTAL HOUSING WI 426448 0 CROWN COURT PROPERTIES LTD CROWN COURT NORTHWOODS LLC 2233 W MEQUON RD MEQUON WI 530923138 202039032 AFFORDABLE RENTAL HOUSING WI 797373 3838955 CROWN COURT PROPERTIES LTD CROWN COURT WAUTEK LLC 2233 W MEQUON RD MEQUON WI 530923138 842128468 AFFORDABLE RENTAL HOUSING WI 270485 1509171 CROWN COURT PROPERTIES LTD PARK HILL APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 204212676 AFFORDABLE RENTAL HOUSING WI 640371 2647635 CROWN COURT PROPERTIES LTD CROWN COURT CAMILLA LLC 2233 W MEQUON RD MEQUON WI 530923138 205982161 AFFORDABLE RENTAL HOUSING WI 64 265 CROWN COURT PROPERTIES LTD BAYVIEW TERRACE APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 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WI 530923138 880777175 AFFORDABLE RENTAL HOUSING WI 1293032 0 CROWN COURT PROPERTIES LTD CROWN COURT SHOALS LLC 2233 W MEQUON RD MEQUON WI 530923138 880873279 AFFORDABLE RENTAL HOUSING WI -119 675346 CROWN COURT PROPERTIES LTD FLAGSHIP APARTMENT ASSOCIATES LP 2233 W MEQUON RD MEQUON WI 530923138 208134940 AFFORDABLE RENTAL HOUSING WI 658184 3062838 CROWN COURT PROPERTIES LTD CROWN COURT FLAGSHIP LLC 2233 W MEQUON RD MEQUON WI 530923138 208134839 AFFORDABLE RENTAL HOUSING WI 66 306 CROWN COURT PROPERTIES LTD TERRACE HEIGHTS GP LLC 2233 W MEQUON RD MEQUON WI 530923138 920661240 AFFORDABLE RENTAL HOUSING WI -176 983502 CROWN COURT PROPERTIES LTD GREENSPIRE LIHTC APARTMENTS LLC 2233 W MEQUON RD MEQUON WI 530923138 931593597 AFFORDABLE RENTAL HOUSING WI 0 0 CROWN COURT PROPERTIES LTD GREENSPIRE LIHTC MANAGER LLC 2233 W MEQUON RD MEQUON WI 530923138 931566310 AFFORDABLE RENTAL HOUSING WI 0 0 CROWN COURT PROPERTIES LTD CCP GREENSPIRE LLC 2233 W MEQUON RD MEQUON WI 530923138 931551218 AFFORDABLE RENTAL HOUSING WI 0 0 CROWN COURT PROPERTIES LTD CCP GREENSPIRE DEVELOPER LLC 2233 W MEQUON RD MEQUON WI 530923138 931493159 AFFORDABLE RENTAL HOUSING WI 0 0 CROWN COURT PROPERTIES LTD CROWN COURT OKATO LLC 2233 W MEQUON RD MEQUON WI 530923138 873056559 AFFORDABLE RENTAL HOUSING WI 0 0 CROWN COURT PROPERTIES LTD CCP GRANT LENDER LLC 2233 W MEQUON RD MEQUON WI 530923138 931674051 AFFORDABLE RENTAL HOUSING WI 0 0 CROWN COURT PROPERTIES LTD CONGREGATION AGUDAS ACHIM CHABAD INC 2233 W MEQUON RD MEQUON WI 53092 391735636 SYNAGOGUE WI 501(C)(3) LINE 1 N/A 0 WILLOW HEIGHTS GP NFP 2233 W MEQUON RD MEQUON WI 530923138 263051321 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -72355 593801 0 1 0.51000 CROWN COURT WILKINSON MANOR LLC 2233 W MEQUON RD MEQUON WI 530923138 452657055 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -12718 4798659 0 1 0.90000 BAY HILL LIHTC APARTMENTS LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 824887614 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -13 536730 0 1 0.00010 WHITEWATER WOODS APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 465548952 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -3 828351 0 1 0.00010 JANESVILLE GARDENS APARTMENTS ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 473671533 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -20 372128 0 1 0.00010 WILKINSON MANOR APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 452657145 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -6 0 1 FLAGSHIP APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 208134940 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED 0 1 JEFFERSON APARTMENT ASSOCIATES LIMITED PARTNERSHIP 2233 W MEQUON RD MEQUON WI 530923138 270629900 AFFORDABLE RENTAL HOUSING WI CROWN COURT PROPERTIES LTD RELATED -19 73977 0 1 0.00010 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RELATED -119 675346 0 1 0.51000 CITY EAST DEVELOPER LLC 3912 N LIGHTNING DR APPLETON WI 54913 932193101 AFFORDABLE RENTAL HOUSING WI N/A RELATED 49990 490 0 1 0.25000 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JANESVILLE GARDENS APARTMENTS ASSOCIATES LIMITED PARTNERSHIP D 100000 BOOK VALUE BAY HILL LIHTC APARTMENTS LIMITED PARTNERSHIP D 369000 BOOK VALUE FORM 990, SCHEDULE R: A DISREGARDED ENTITY OF CROWN COURT PROPERTIES, LTD., TERRACE HEIGHTS GP, LLC (FEIN: 92-0661240), IS MAKING THE SECTION 168(H)(6) ELECTION: ELECTION UNDER CODE SEC. 168(H)(6)(F)(II) TAXPAYER'S NAME: TERRACE HEIGHTS GP, LLC TAXPAYER'S ADDRESS: 2233 WEST MEQUON ROAD, MEQUON, WI 53092 TAXPAYER'S TAXPAYER IDENTIFICATION NUMBER: 92-0661240 TAXPAYER, A TAX-EXEMPT CONTROLLED ENTITY AS DEFINED IN CODE SEC. 168(H)(6)(F)(III), HEREBY MAKES THE ELECTION UNDER CODE SEC. 168(H)(6)(F)(II), EFFECTIVE BEGINNING WITH THE 2023 TAX YEAR.