2024-08-22T08:42:07-05:00 2023-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2023-01-01 341218624 ELMORE AREA CONCERNED CHRISTIANS INC ELMO 4198622408 633 STATE STREET ELMORE OH 43416 RODGER JIMISON CHIEF EXECUTIVE DIRECTOR 4198622408 2024-06-27 1 0 GREG HARRIS P01823520 6144728568 2024-06-27 2023 2024-08-08 14:25:15Z RODGER C JIMISON 633 STATE STREET ELMORE OH 43416 342116 0 X N/A X 1977 OH ELMORE AREA CONCERNED CHRISTIANS, INC. PROVIDES AFFORDABLE HOUSING FOR SENIOR CITIZENS, HANDICAPPED PERSONS, AND OTHER PERSONS OF LOW TO MODERATE INCOMES. 7 7 2 8 0 0 95516 123408 194024 216985 82 163 2817 1560 292439 342116 0 0 0 0 59345 82544 0 0 0 282207 284394 341552 366938 -49113 -24822 1980707 1946638 2672611 2663364 -691904 -716726 ELMORE AREA CONCERNED CHRISTIANS, INC. PROVIDES AFFORDABLE HOUSING FOR SENIOR CITIZENS, HANDICAPPED PERSONS, AND OTHER PERSONS OF LOW TO MODERATE INCOMES. 0 0 357268 218545 ELMORE AREA CONCERNED CHRISTIANS, INC. OPERATES A SIXTY UNIT APARTMENT COMPLEX TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY HANDICAPPED PERSONS, AND OTHER PERSONS OF LOW TO MODERATE INCOMES. 357268 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 0 0 0 0 0 0 1 0 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X RODGER JIMISON 4198622408 633 STATE STREET ELMORE OH 43416 BRUCE CARD PRESIDENT 1.00 X X 0 0 0 SARA ZIBBEL VICE PRESIDENT 1.00 X X 0 0 0 RUTH DESPONES TREASURER 1.00 X X 0 0 0 JUDY MICHEL SECRETARY 1.00 X X 0 0 0 JULIE LEIST BOARD MEMBER 1.00 X 0 0 0 WILLIAM AVERS BOARD MEMBER 1.00 X 0 0 0 MARK WENDT BOARD MEMBER 1.00 X 0 0 0 TODD WILLIAMS JR BOARD MEMBER (RETIRED IN 2023) 1.00 X 0 0 0 RODGER JIMISON CHIEF EXECUTIVE DIRECTOR 40.00 X 60939 0 27097 60939 0 27097 0 0 0 0 0 123408 123408 RENTAL REVENUE 531110 216985 216985 216985 163 163 LAUNDRY & VENDING 531110 1560 1560 1560 342116 218545 0 163 60939 60939 21605 21605 354 354 4467 4467 63182 63182 21034 21034 85840 85840 27233 27233 OUTSIDE SERVICES 58787 58787 MISCELLANEOUS ADMIN 12754 3084 9670 REPAIRS & MAINTENANCE 10743 10743 366938 357268 9670 0 7223 18011 692 4323 4142 3999860 2272273 1802332 1727587 166829 196206 1980707 1946638 35731 37508 2627834 2616031 9046 9825 2672611 2663364 X -691904 -716726 -691904 -716726 1980707 1946638 -24822 0 X X 0 1 X 1 1 1 X 125267 128359 117839 95516 123408 590389 125267 128359 117839 95516 123408 590389 590389 101 74 72 82 163 492 4293 7864 1913 2817 16887 607768 943633 0.97140 0.96860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 243470 243470 3295322 2105070 1190252 38179 26981 11198 422889 140222 282667 1727587 TENANT SECURITY DEPOSITS 9825 REAL ESTATE TAX AND INSURANCE EXCROW 27604 REPLACEMENT RESERVE 158777 196206 TENANT DEPOSITS HELD IN TRUST 9825 9825 X 342116 0 342116 0 342116 366938 0 366938 0 366938 PART X, LINE 2: NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE THE CORPORATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS SECURED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC FOR INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE CORPORATION HAS DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN OUTSIDE CPA FIRM WHO SENDS IT TO THE MANAGER FOR REVIEW. AFTER THE REVIEW, THE FORM 990 IS GIVEN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. SUCH A REVIEW MAY BE AFTER THE FORM 990 HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS ARE SUBJECT TO A CONFLICT OF INTEREST POLICY WHICH REQUIRES AN ANNUAL DISCLOSURE STATEMENT TO BE COMPLETED. DECISIONS REGARDING CONFLICTS OF INTEREST ARE MADE BY THE REMAINING BOARD MEMBERS WHO DO NOT HAVE A CONFLICT WHILE CONFLICTED BOARD MEMBERS ARE EXCLUDED FROM DISCUSSION AND VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE MANAGER AND JANITOR WAGES ARE REVIEWED AND EVALUATED BY THE BOARD OF DIRECTORS ANNUALLY IN EXECUTIVE SESSION. THERE IS ONE OTHER EMPLOYEE BESIDES THE CHIEF EXECUTIVE DIRECTOR, THE JANITOR. HIS SALARY IS REVIEWED AND EVALUATED BY THE BOARD OF DIRECTORS IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE SENIOR HOUSING OFFICE DURING REGULAR OPEN HOURS. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.