2024-11-15T16:46:27-06:00 2022-12-31 450443064 POINT CPA 4585 COLEMAN STREET BISMARCK ND 58503 990 2022-01-01 450448222 AFFORDABLE HOUSING DEVELOPERS INC AFFO 7014834432 PO BOX 1326 DICKINSON ND 58602 SCOTT BURLINGAME PRESIDENT 7014834432 2024-11-13 1 1 MICHAEL T SCHMITZ CPA P00207908 7012212655 2024-11-13 2022 2024-10-15 13:58:12Z X X SCOTT BURLINGAME PO BOX 1326 DICKINSON ND 58602 855160 0 X WWW.AHDI-ND.ORG X 1997 ND TO PROVIDE AND BE DEDICATED TO THE DEVELOPMENT, PRESERVATION AND MANAGEMENT OF DECENT, SAFE AND AFFORDABLE HOUSING FOR LOWER INCOME HOUSEHOLDS IN NORTH DAKOTA. 7 7 4 0 0 0 538304 40299 521576 814861 0 0 -81937 0 977943 855160 0 0 0 0 232347 256977 0 0 0 512669 935865 745016 1192842 232927 -337682 9176011 9804516 5941957 6628958 3234054 3175558 AFFORDABLE HOUSING DEVELOPERS IS DEDICATED TO THE DEVELOPMENT, PRESERVATION AND MANAGEMENT OF DECENT, SAFE AND AFFORDABLE HOUSING FOR LOWER INCOME HOUSEHOLDS IN NORTH DAKOTA. 0 0 AFFORDABLE HOUSING DEVELOPERS DEVELOPS MULTI-FAMILY HOUSING PROJECTS FOR LOW TO MODERATE INCOME HOUSEHOLDS THROUGHOUT NORTH DAKOTA BY UTILIZING FEDERAL, STATE AND LOCAL GRANT AND LOAN PROGRAMS DESIGNED TO PROMOTE HOUSING OPPORTUNITIES. AHDI MAY USE THESE FUNDS TO PURCHASE AND/OR REHABILITATE EXISTING AFFORDABLE HOUSING PROPERTIES AT RISK OF BEING LOST TO THE AFFORDABLE HOUSING INDUSTRY, OR BUILD NEW IN AREAS THAT ARE IN SHORT SUPPLY OF AFFORDABLE HOUSING. 542909 637508 AHDI OWNS 3 MULTI-FAMILY AFFORDABLE HOUSING PROPERTIES WITH 48 UNITS LOCATED IN WILLISTON, RUGBY, AND MANDAN, AHDI ALSO HAS OWNERSHIP IN 5 ADDITIONAL AFFORDABLE HOUSING PROPERTIES LOCATED IN HEBRON, NAPOLEON, ROLLA AND DICKINSON TOTALING 63 UNITS. 245985 71037 AHDI MANAGES AFFORDABLE MULTIFAMILY HOUSING PROGRAMS THAT UTILIZE A VARIETY OF SUBSIDY PROGRAMS INCLUDING RURAL DEVELOPMENT RENTAL ASSISTANCE, HUD HOME PROGRAM FUNDING AND NORTH DAKOTA HOUSING INCENTIVE FUNDS. THE 123 UNITS AHDI MANAGES ARE LOCATED ACROSS NORTH DAKOTA IN HEBRON, MANDAN, NAPOLEON, VELVA, ROLLA, RUGBY AND WILLISTON. 788894 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 37 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 1 1 0 ND X BRITTANY SHELDON 7014834432 30 7TH ST W DICKINSON ND 58601 SCOTT BURLINGAME PRESIDENT 0.50 0.10 X X 475 0 0 TORI ROHR VICE-PRESIDENT 0.50 0.10 X X 95 0 0 NINETTA WANDLER SECRETARY/TREASURER 0.50 0.10 X X 475 0 0 BRANDON REEMS BOARD MEMBER 0.50 0.10 X 570 0 0 EMILY GRAN BOARD MEMBER 0.50 0.10 X 380 0 0 FANCHON DUGARM BOARD MEMBER 0.50 0.10 X 475 0 0 WILLIAM SCHAFER BOARD MEMBER 0.50 0.10 X 285 0 0 ANDREA DIEDE EXECUTIVE DIRECTOR 39.50 0.50 X 76800 0 0 79555 0 0 0 0 0 0 FIRST DAKOTA ENTERPRISES 1223 SALEBARN RD FORT PIERRE SD 57532 CONSTRUCTION SERVICES 123041 1 40299 40299 PS RENTAL INCOME 531110 604756 604756 INTEREST REVENUE 900099 106316 106316 MANAGEMENT FEES 531310 71037 71037 MISC. CUSTOMER CHARGES 531110 32752 32752 814861 855160 708545 0 106316 79555 61087 18468 134046 102928 31118 5541 5541 20366 20366 17469 10000 7469 113382 113382 6653 6653 19251 19251 63736 63736 1380 1380 17348 1370 15978 402565 389504 13061 10114 10114 934 934 169949 161099 8850 MISCELLANEOUS 93554 93554 BAD DEBT 36999 36999 1192842 788894 403948 0 686043 153891 412204 10774 8217 17183 3664959 3553967 52009 68379 5984673 912337 4270256 5072336 177883 86665 305870 439891 9176011 9804516 207350 191188 8947 24497 36375 5701163 6401395 5941957 6628958 X 3172054 3113558 62000 62000 3234054 3175558 9176011 9804516 X -337682 270487 8699 X X 0 1 X 1 1 1 X 693109 198530 538304 40299 1470242 693109 198530 538304 40299 1470242 1470242 1470242 1.00000 1.00000 X PART II, SHORT YEAR EXPLANATION: THE 2019 AMOUNT IS FOR THE SHORT TAX YEAR OF 7-1-19 THROUGH 12-31-19. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 230198 230198 5754475 912337 4842138 5072336 X 856622 1462 1462 855160 0 855160 1192702 -140 -140 1192842 0 1192842 PART IV, LINE 2B: PURSUANT TO CERTAIN LOAN AND GRANT AGREEMENTS, AHDI IS TO MAINTAIN SEPARATE TENANT SECURITY DEPOSIT ACCOUNTS ON VARIOUS PROPERTIES. THE ACCOUNTS MUST BE INSURED BY THE FDIC AND MUST MAINTAIN SUFFICIENT FUNDS IN THE ACCOUNT TO COVER THE SECURITY DEPOSITS COLLECTED FROM CURRENT TENANTS. AS OF DECEMBER 31, 2022 AND 2021, TENANT SECURITY DEPOSITS TOTALED $36,375 AND $24,497. PART X, LINE 2: AHDI BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITY WOULD RECOQNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL REVENUE MISCELLANEOUS INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: PROGRAM SERVICES EXPENSES MANAGEMENT AND GENERAL EXPENSES PART XI, LINE 2D DISCREPANCIES BETWEEN RENTAL REVENUE AND MISCELLANEOUS INCOME ON AUDITED FINANCIAL STATEMENTS AND TRIAL BALANCE PROVIDED BY AUDIT TEAM. PART XII, LINE 2D DISCREPANCIES BETWEEN PROGRAM SERVICES EXPENSES AND MANAGEMENT AND GENERAL EXPENSES ON AUDITED FINANCIAL STATEMENTS AND TRIAL BALANCE PROVIDED BY AUDIT TEAM. FORM 990, PART VI, SECTION A, LINE 2 NINETTA WANDLER, A BOARD MEMBER, IS THE AUNT-IN-LAW OF ANDREA DIEDE, EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO ACTIVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 FOR ANY DISCREPANCIES OR CHANGES NECESSARY AND THEN FORWARDS TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL WITH ANY COMMENTS OR CHANGES PROPOSED. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND BOARD MEMBERS MUST DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST AND AT MEETINGS WHEN A CONFLICT OF INTEREST ARISES, THE BOARD MEMBER IS REQUIRED TO ABSTAIN FROM VOTING AND IF NECESSARY BE ASKED TO LEAVE THE MEETING DURING DISCUSSION OF THE TOPIC IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AFTER AN INDEPENDENT PERFORMANCE EVALUATION AND DISCUSSION WITHOUT INPUT FROM THE EXECUTIVE DIRECTOR OR OTHER STAFF. ECONOMICAL FACTORS AND THE ORGANIZATION'S BUDGET ARE TAKEN INTO CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DISCREPANCIES BETWEEN 2021 FORM 990 AND AUDITED FINANCIAL STATEMENTS 8,699. FORM 990, PART XII, LINE 2C: PROCESS UNCHANGED FROM PRIOR YEAR AMENDED RETURN THIS RETURN IS BEING AMENDED TO PROPERLY REPORT ALL RELEVANT INFORMATION. FORM 990 - PART I: MOVED GOVERNMENT GRANT TO LINE 8, MOVED MISCELLANEOUS INCOME FROM LINE 10 TO 11 FORM 990 - PART III: CORRECTED AMOUNTS LISTED AS REVENUE AND EXPENSES FORM 990 - PART IV: UPDATED ANSWERS FOR LINES 2 AND 11F FORM 990 - PART VI: UPDATED ANSWERS FOR LINES 8B AND 11A FORM 990 - PART VII, SECTION A: ADDED REPORTABLE COMPENSATION FOR BOARD MEMBERS AND EXECUTIVE DIRECTOR FORM 990 - PART VII, SECTION B: ADDED INFORMATION FOR INDEPENDENT CONTRACTOR PAID OVER $100,000 FORM 990 - PART VIII: MOVED GOVERNMENT GRANT TO LINE 1E, MOVED INTEREST REVENUE TO COLUMN D, MOVED MISCELLANEOUS INCOME FROM LINE 7D TO 2D FORM 990 - PART IX: CORRECTED PRESENTATION OF SALARIES AND WAGES BY MOVING REPORTABLE COMPENSATION FOR BOARD MEMBERS AND EXECUTIVE DIRECTOR TO LINE 5, MOVED BAD DEBT EXPENSE TO COLUMN B, MOVED PORTION OF OFFICE EXPENSES FROM COLUMN C TO COLUMN B TO TIE TO AUDITED FINANCIAL STATMENTS FORM 990 - PART X: MOVED SAVINGS TO LINE 2 IN COLUMN B FORM 990 - PART XI: MOVED PRIOR PERIOD ADJUSTMENTS REPORTED IN AUDITED FINANCIAL STATEMENTS FROM LINE 9 TO LINE 8 AND UPDATED AMOUNT IN LINE 9 SCHEDULE A - PART II: ADDED GOVERNMENT GRANT TO LINE 1E SCHEDULE B - PART I: ADDED CONTRIBUTOR INFORMATION SCHEDULE R - PART IV: ADDED SHARE OF TOTAL INCOME AND END-OF-YEAR ASSETS FOR RELATED ORGANIZATION AHDI NORTHSIDE APARTMENTS LLC PO BOX 1326 DICKINSON ND 58602 853077147 HOUSING ND 39575 206813 AFFORDABLE HOUSING DEVELOPERS INC AHDI PRAIRIE APARTMENTS LLC PO BOX 1326 DICKINSON ND 58602 844858385 HOUSING ND 501(C)(3) LINE 10 AFFORDABLE HOUSING DEVELOPERS INC 1 AHDI JEWEL CITY 1 LLC PO BOX 1326 DICKINSON ND 58602 850713362 HOUSING ND 501(C)(3) LINE 10 AFFORDABLE HOUSING DEVELOPERS INC 1 AHDI JEWEL CITY 2 LLC PO BOX 1326 DICKINSON ND 58602 850726104 HOUSING ND 501(C)(3) LINE 10 AFFORDABLE HOUSING DEVELOPERS INC 1 DACOTAH RIDGE LLLP PO BOX 1326 DICKINSON ND 58602 813664181 LOW-INCOME HOUSING ND N/A 0 0 AHDI DACOTAH RIDGE LLC 112 3RD ST W STE 101 DICKINSON ND 58601 611803630 LOW-INCOME HOUSING ND AFFORDABLE HOUSING DEVELOPERS INC C -1268 -236 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0