2024-05-31T12:35:04-07:00 2023-12-31 710623618 Welch Couch & Company PA 410 Barnett Dr Batesville AR 72501 990 2023-01-01 581736420 BRAD GROUP HOME INC BRAD 8708924547 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 RHONDA AHRENT Executive Dir. 2024-05-31 true RHONDA AHRENT 999009999 true MICHAEL GARRETT MCSPADDEN P01911525 8707935231 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 75855 false X N/A X 1987 AR THE PROJECT WAS FORMED TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 10 UNITS LOCATED IN POCAHONTAS, ARKANSAS. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. 4 2 0 0 41443 43455 30105 30991 545 452 514 957 72607 75855 0 0 11971 12798 0 0 58072 46084 70043 58882 2564 16973 212731 211244 119718 101258 93013 109986 THE PROJECT WAS FORMED TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF 10 UNITS LOCATED IN POCAHONTAS, ARKANSAS. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. false false 34957 EXPENDITURES INCURRED IN CONNECTION WITH PROJECT OPERATIONS AND EXPENDITURES MADE FOR CORPORATE PURPOSES ARE CONSIDERED TO BE PROGRAM EXPENSES. 34957 true false false false false false false false false false true false false false 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 true false false false true 2 0 false 0 false false false false false false false 0 false false false false false false false X 4 2 true false false false false false false true false false false false true true true true true true true false X HASSEL PATTERSON 8708924547 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 RHONDA AHRENT Executive Dir. 0.50 40.00 X X 0 107871 0 HASSEL PATTERSON Vice President 4.00 36.00 X X 0 53291 0 AMANDA TREVILLION Secretary 0.50 0.00 X X 0 0 0 FRED MARTIN President 0.50 0.00 X X 0 0 0 161162 0 false false false 0 43455 43455 RENT INCOME 531110 30991 30991 30991 452 452 0 0 0 0 0 0 0 SPECIAL CLAIM REVENUES 957 957 957 75855 32400 0 0 0 0 5329 5329 0 5269 5269 0 1467 1467 733 733 6945 6945 0 2525 2525 0 0 0 0 0 459 459 0 0 0 0 0 171 171 8450 8450 0 7336 7336 5934 5914 20 UTILITIES 8185 8185 REPAIRS & MAINTENANCE 5072 5072 MISC TAXES, LICENSES, PERMITS 1001 1001 MISC ADMINISTRATIVE EXPENSES 6 6 0 58882 34957 23925 0 16720 11511 139767 141508 0 736 0 0 0 0 0 247485 190046 56194 57439 0 0 0 0 50 50 212731 211244 19516 11474 98312 87621 1890 2163 119718 101258 X 93013 109986 93013 109986 212731 211244 16973 X true X false true false X 38516 40984 40518 41443 43455 204916 0 0 38516 40984 40518 41443 43455 204916 0 204916 1122 862 360 545 452 3341 0 0 208257 93855 0.98400 0.98360 X 15000 15000 181968 156205 25763 17062 16222 840 12823 11311 1512 20632 6308 14324 57439 2163 2163 X Part X : FIN48 Footnote The Project is exempt from federal income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the Project is subject to federal income tax on any unrelated business taxable income. Management regularly reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the financial statements. The Project is required to file, as a tax exempt organization; an IRS Form 990 which will be open for review by relevant taxing authorities for a period of three years from the later of the date the returns were filed or the returns were due (including approved extensions). Form 990, Part VI, Section A, Line 2 JIM JANSEN IS THE DIRECTOR OF BRAD GROUP HOME, INCORPORATED. HASSEL PATTERSON IS THE ACCOUNTANT/PROJECT MANAGER FOR THE HUD PROJECT MANAGED BY BRAD GROUP HOME, INCORPORATED. Form 990, Part VI, Section B, Line 11b THE INFORMATION ON FORM 990 IS PULLED FROM THE INDEPENDENT COMPILATION. A COPY OF THE COMPILED FINANCIAL STATEMENTS ARE GIVEN TO THE BOARD OF DIRECTORS AND APPROVED BEFORE FORM 990 IS FILED. Form 990, Part VI, Section B, Line 12c COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED ON A DAILY BASIS THROUGH VARIOUS INTERNAL PROCEDURES. Form 990, Part VI, Section B, Line 15a WAGE COMPENSATION STUDIES ARE PERFORMED TO DETERMINE PAY SCALE AND POSITION CHART RECOMMENDATIONS. THESE RECOMMENDATIONS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. Form 990, Part VI, Section B, Line 15b WAGE COMPENSATION STUDIES ARE PERFORMED TO DETERMINE PAY SCALE AND POSITION CHART RECOMMENDATIONS. THESE RECOMMENDATIONS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. BRAD-CLAY COUNTY 71-0586053 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false CORNING ILC 30-0229364 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING PROJECT AR 501 (C) (3) 7 NA false BRAD-LAWRENCE COUNTY 71-0586047 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING PROJECT AR 501 (C) (3) 7 NA false BRAD-HOXIE AREA DEVELOPEMENT 58-1736418 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false BLACK ROCK AREA DEVLOPEMENT 58-1736417 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING PROJECT AR 501 (C) (3) 7 NA false PIGGOTT HOUSING DEVELOPMENT 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING AR 501 (C) (3) 7 NA false BLACK ROCK AREA DEVELOPMENT 58-1736417 1403 HOSPITAL DRIVE POCAHONTAS AR 72455 LOW INCOME HOUSING PROJECT AR 501(C) (3) 7 NA false false false false false false false false false false false false false true false true false false false false BRAD-CLAY COUNTY 71-0586053 o 10125 CORNING ILC 30-0229364 o 2665 BRAD-LAWRENCE COUNTY 71-0586047 o 10125 BRAD-HOXIE AREA DEVELOPEMENT 58-1736418 o 10125 BLACK ROCK AREA DEVLOPEMENT 58-1736417 o 4796 PIGGOTT HOUSING DEVELOPMENT o 10125 BLACK ROCK AREA DEVELOPMENT 58-1736417 m 6945