2024-11-13T16:04:19-06:00 2023-12-31 630721243 BORLAND BENEFIELD PC 6759 LEE ROAD 54 AUBURN AL 36830 990 2023-01-01 453980723 DEO VOLENTE INC DEOV 3347403573 1915 PROFESSIONAL CIRCLE AUBURN AL 36830 BEVERLYE BRADY PRESIDENT 3344449494 2024-11-11 1 1 MICHELLE M GRANBERRY P00210098 3347411050 2024-11-11 2023 2024-10-15 13:58:12Z BEVERLYE BRADY 1915 PROFESSIONAL CIRCLE AUBURN AL 36830 1441068 0 X WWW.HISWILLHISWAY.ORG X 2011 AL TO ASSIST LOW TO MODERATE INCOME INDIVIDUALS THROUGH INVESTMENT IN AFFORDABLE HOUSING LIMITED PARTNERSHIPS AND THROUGH CONTRIBUTIONS TO OTHER SECTION 501(C)(3) ORGANIZATIONS CURRENTLY PROVIDING RELATED SERVICES TO THESE INDIVIDUALS. 2 2 0 60 0 0 5000 0 1181226 1441068 0 0 0 0 1186226 1441068 108250 19000 0 0 0 0 0 0 0 1231558 1650986 1339808 1669986 -153582 -228918 2658333 2429415 0 0 2658333 2429415 X TO ASSIST LOW TO MODERATE INCOME INDIVIDUALS IN THE SOUTHEAST,AND PARTICULARLY IN THE STATE OF ALABAMA,THROUGH INVESTMENT IN AFFORDABLE HOUSING LIMITED PARTNERSHIPS AND THROUGH CONTRIBUTIONS TO OTHER SECTION 501(C)(3) ORGANIZATIONS CURRENTLY PROVIDING RELATED SERVICES TO THESE INDIVIDUALS. 0 0 1638290 1441068 INVESTMENT IN LOW INCOME HOUSING LIMITED PARTNERSHIPS- THE ORGANIZATION INVESTS AS A LIMITED PARTNER IN PARTNERSHIPS THAT OWN INCOME RESTRICTED PROPERTIES TO ACT AS A "PLACE-HOLDER" SO THAT THE AFFORDABILITY OF THESE PROPERTIES FOR LOW TO MODERATE INCOME INDIVIDUALS CAN BE MAINTAINED. DURING 2023, THE ORGANIZATION MAINTAINED INVESTMENTS IN SIX OF THESE PARTNERSHIPS OPERATING AFFORDABLE HOUSING PROPERTIES LOCATED IN ALABAMA. 19000 19000 CONTRIBUTIONS TO LOCAL SECTION 501(C)(3) ORGANIZATIONS WHO SERVE THE NEEDS OF LOW TO MODERATE INCOME HOUSEHOLDS - THE ORGANIZATION SERVES THE NEEDS OF RESIDENTS OF AFFORDABLE HOUSING BY CONTRIBUTING FUNDS TO WELL ESTABLISHED COMMUNITY BASED NONPROFIT ORGANIZATIONS WHO ARE ABLE TO IDENTIFY AND PROVIDE ASSISTANCE DIRECTLY TO QUALIFIED INDIVIDUALS. IN 2023, CONTRIBUTIONS OF $19,000 WERE MADE TO SUCH ORGANIZATIONS TO FULFILL THE COMMUNITY'S NEEDS. 12696 INVESTMENT IN LOCAL COMMUNITY EFFORTS TO ASSIST LOW TO MODERATE INCOME INDIVIDUALS - THE ORGANIZATION PROVIDES ASSISTANCE TO COMMUNITY EFFORTS TO ASSIST LOW TO MODERATE INCOME INDIVIDUALS RESIDING IN THE HOUSING DEVELOPMENTS THAT THE ORGANIZATION IS PARTNERED WITH. ACTIVITIES AVAILABLE TO THESE RESIDENTS INCLUDE TUTORING FOR GRADES K-12, ENGLISH AS A SECOND LANGUAGE LEARNING, MUSIC LESSONS, COMPUTER LAB LEARNING, FITNESS AND GAMING FACILITIES, SUPERVISED SWIMMMING, AND WEEKLY BIBLE STUDIES. 12696 1669986 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MICHELLE M GRANBERRY 3347411050 PO BOX 3196 AUBURN AL 36831 X BEVERLYE BRADY PRESIDENT 1.00 X X 0 0 0 RAY HARRIS VICE PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 LTD PSHIP-RENTAL INCOM 531110 1435746 1435746 INVESTMENT INCOME- PRO 531110 5322 5322 1441068 1441068 1441068 0 0 19000 19000 12000 12000 LTD PSHIP-ALLOCATED EXP 1638290 1638290 REAL ESTATE TAXES 672 672 BANK SERVICE CHARGES 24 24 1669986 1669986 0 0 97068 89497 267000 267000 267000 2294265 2072918 2658333 2429415 0 0 X 0 0 0 0 2658333 2429415 2658333 2429415 2658333 2429415 -228918 0 X 0 0 0 X 25000 28000 5500 5000 63500 1089099 1368901 1152374 1180782 1435746 6226902 1114099 1396901 1157874 1185782 1435746 6290402 25000 28000 1500 54500 29018 29018 25000 57018 1500 83518 6206884 5663 1262 245 475 5332 12977 5663 1262 245 475 5332 12977 1119762 1398163 1158119 1186257 1441078 6303379 0.98470 0.98170 0.00210 0.00140 X 267000 267000 267000 INVESTMENTS IN LOW INCOME HOUSING PSHIPS -1063705 C LOAN RECEIVABLE - SHEPPARD'S COVE 1100000 C LOAN RECEIVABLE - RUSSELL COUNTY 501600 C LOAN RECEIVABLE - CADENCE POINT 688000 C LOAN RECEIVABLE - MAYFIELD WOODS, LTD 455000 C LOAN RECEIVABLE - VALLEY OAKS, LTD 392023 C 2072918 1 AAHA SCHOLARSHIP FUND 1105 SOUTHVIEW LANE STE 103/236 TUSCALOOSA AL 35405 631247145 501(C)(3) 15000 0 CASH VALUE TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS. FREEDOM FARM CROSSROAD INC 89 BROWN RD PHENIX CITY AL 36869 863679081 501(C)(3) 4000 0 CASH VALUE TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS PART I, LINE 2: ORGANIZATION MAINTAINS SUPPORTING DOCUMENTATION FOR DONATIONS MADE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. THE ACCOUNTING FIRM THAT HAS PREPARED THE FORM IS AVAILABLE FOR ANY QUESTIONS THAT MAY ARISE DURING THE REVIEW PROCESS. ONCE THE RETURN HAS BEEN REVIEWED BY THE BOARD MEMBERS IT IS FILED IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BYLAWS INCLUDE A CONFLICT OF INTEREST POLICY WHICH COVERS ALL DIRECTORS, OFFICERS AND INFLUENTIAL EMPLOYEES OF THE ORGANIZATION. UNDER THE POLICY,ANY TRANSACTIONS THAT MAY POTENTIALLY CAUSE A CONFLICT OF INTEREST ARE TO BE DISCLOSED PRIOR TO THE CONSUMMATION OF THE TRANSACTION. THE TRANSACTION IS TO BE DISCLOSED BY EMPLOYEES TO THE CHIEF EXECUTIVE OFFICER (OR TO THE BOARD CHAIR IF THE CHIEF EXECUTIVE IS THE ONE WITH THE CONFLICT),WHO SHALL THEN BRING THE MATTER BEFORE THE BOARD. DISCLOSURES INVOLVING DIRECTORS AND OFFICERS SHOULD BE MADE TO THE BOARD CHAIR (OR IF THE BOARD CHAIR IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD VICE-CHAIR), WHO SHALL THEN BRING THE MATTER TO THE BOARD. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. TROY HOUSING PARTNERS LTD 730 NORTH DEAN ROAD STE 100 AUBURN AL 36830 631104514 LOW INCOME HOUSING AL DEO VOLENTE INC RELATED -73971 355917 0 0 0.99000 CROSSROADS LTD 730 NORTH DEAN ROAD STE 100 AUBURN AL 36830 631233209 LOW INCOME HOUSING AL DEO VOLENTE INC RELATED -19154 631777 0 0 0.25000 MEADOWVIEW LTD 730 NORTH DEAN ROAD STE 100 AUBURN AL 36830 631233777 LOW INCOME HOUSING AL DEO VOLENTE INC RELATED -30796 1493075 0 0 0.99000 THE HEATHERTON LTD 507 NORTH THREE NOTCH STREET TROY AL 36081 721359896 LOW INCOME HOUSING AL DEO VOLENTE INC RELATED -4776 516738 0 0 0.99990 WESTGATE LTD 507 NORTH THREE NOTCH STREET TROY AL 36081 631232412 LOW INCOME HOUSING AL DEO VOLENTE INC RELATED -27651 1117396 0 0 0.99990 WOODMERE LTD 507 NORTH THREE NOTCH STREET TROY AL 36081 631209160 LOW INCOME HOUSING AL DEO VOLENTE INC RELATED -40874 490508 0 0 0.99990 MALLARD LANDING DVGP LLC 710 OLD STAGE ROAD AUBURN AL 36830 822998106 LOW INCOME HOUSING TN DEO VOLENTE INC C -2 1.00000 0 DEO VOLENTE TN LLC 710 OLD STAGE ROAD AUBURN AL 36830 823014627 LOW INCOME HOUSING TN DEO VOLENTE INC C -11 36035 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0