2024-10-03T12:02:20-05:00 2023-12-31 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2023-01-01 860266119 TUCSON COMMUNITY DEVELOPMENT AND DESIGN CENTER INC TUCS 5206227494 2330 W MISSION LN STE 10 PHOENIX AZ 85021 WILLIAM RISNER PRESIDENT 6029970013 2024-09-08 1 1 BRENDA ANN BLUNT CPA P00075126 4803151040 2024-09-08 2023 2024-10-15 13:58:12Z WILLIAM RISNER 2330 W MISSION LN STE 10 PHOENIX AZ 85021 395988 0 X N/A X 1971 AZ THE OPERATION OF VIVIENDAS ASISTENCIALES IS A HUD-SUBSIDIZED HOUSING PROJECT (CONT'D ON SCH O) FOR ELDERLY AND HANDICAPPED LOW-INCOME RESIDENTS. 2 2 0 2 0 0 0 0 376180 394530 -106 1458 0 0 376074 395988 0 0 0 0 63616 75078 0 0 0 220112 174858 283728 249936 92346 146052 291551 331141 256098 149636 35453 181505 X NONE 0 0 200974 394530 THIS ORGANIZATION PROVIDED AFFORDABLE HOUSING TO THE ELDERLY AND PERSONS WITH DISABILITIES THROUGH THE OPERATION OF A FULLY ACCESSIBLE, 30-UNIT MULTIFAMILY HOUSING COMPLEX IN TUCSON, ARIZONA. IN 2023, THIS ORGANIZATION PROVIDED DECENT, AND SAFE HOUSING TO 27 RESIDENTS: 11% BETWEEN THE AGES 18-61 (NON-ELDERLY PEOPLE WITH DISABILITIES), 78% BETWEEN THE AGES OF 62-81 AND 11% BETWEEN THE AGES OF 82-95. IN 2023, REPRESENTATIVES FROM SENIOR MED SOLUTIONS PROVIDED WEEKLY RESIDENT ACTIVITIES TO ASSIST RESIDENTS WITH HEALTHCARE AND MEDICARE QUESTIONS. SEVERAL RESIDENTS UTILIZED IN-HOME SERVICES FROM PIMA COUNCIL ON AGING. THE NEARBY UDALL PARK SENIOR CENTER WAS AVAILABLE FOR RESIDENTS TO PARTICIPATE IN ACTIVITIES AND RECEIVE (CONT'D ON SCH O) REFERRALS FOR ADDITIONAL SOCIAL SERVICES. A MONTHLY NEWSLETTER WAS CREATED AND DISTRIBUTED TO RESIDENTS WHICH INCLUDED ADDITIONAL RESOURCE INFORMATION. 200974 1 0 0 0 0 0 0 0 1 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 X 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X NANCY BILLS-BILTMORE PROPERTIES 6029970013 2330 W MISSION LANE 10 PHOENIX AZ 85021 X WILLIAM J RISNER PRESIDENT 1.00 X X 0 0 0 GRETCHEN GIBBS TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 X NET RENTAL INCOME 623990 393259 393259 LAUNDRY 812300 1259 1259 DAMAGE AND CLEANING FE 811000 12 12 394530 1458 1458 395988 394530 0 1458 X 56646 53148 3498 11663 10943 720 6769 6351 418 15480 15480 452 452 15460 15460 22813 22813 10514 10514 50185 50185 682 682 1635 1635 12172 12172 16914 16914 7702 7702 REPAIRS AND MAINTENANCE 20683 20683 BAD DEBT 103 103 LICENSES AND FEES 63 63 249936 200974 48962 0 22307 18877 96 262 3650 3958 1498725 1304241 169733 194484 95765 113560 291551 331141 42278 32529 121 20 7902 7912 182799 86916 22998 22259 256098 149636 X 35453 181505 35453 181505 291551 331141 146052 0 X 0 1 X 0 0 X 359417 361983 365370 376180 394530 1857480 359417 361983 365370 376180 394530 1857480 0 204810 204794 207537 222368 247902 1087411 204810 204794 207537 222368 247902 1087411 770069 31 13 49 219 1458 1770 31 13 49 219 1458 1770 359448 361996 365419 376399 395988 1859250 0.41420 0.46080 0.00100 0.00020 X 0 1 X 37688 37688 1309493 1249686 59807 134504 46821 87683 17040 7734 9306 194484 ESCROW DEPOSITS 24221 REPLACEMENT RESERVE 47942 TENANT DEPOSITS HELD IN TRUST 12036 RESIDUAL RECEIPTS 29361 113560 MORTGAGE INTEREST PAYABLE 670 RESIDUAL RECEIPT RECAPTURE 21589 22259 X 409552 13564 13564 395988 0 395988 263500 13564 13564 249936 0 249936 PART IV, LINE 2B: THE MANAGEMENT COMPANY, ON BEHALF OF THE ORGANIZATION, HOLDS TENANT DEPOSITS HELD IN TRUST. THE AMOUNTS HELD FOR RESIDENTS ARE REPORTED ON FORM 990, PART X, LINES 15 AND 21. PART X, LINE 2: MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINSTRATIVE RENT 13,564. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINSTRATIVE RENT 13,564. FORM 990, PART V, LINE 3A & 3B THE ORGANIZATION DOES NOT HAVE ANY UNRELATED BUSINESS INCOME AND IS NOT REQUIRED TO FILE A FORM 990-T. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF THE ORGANIZATION HAS HIRED A MANAGEMENT COMPANY (BILTMORE PROPERTIES) TO MANAGE THE DAY-TO-DAY OPERATIONS OF THE RENTAL PROPERTY FOR A SPECIFIC FEE PER MONTH. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO BILTMORE PROPERTIES AND THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES. IF A CONFLICT OF INTEREST DOES ARISE, THE CONFLICT WOULD BE REVIEWED BY THE BOARD AND CONSIDERED FOR A DECISION. IF A CONFLICT OF INTEREST ARISES FOR A BOARD MEMBER, THE BOARD MEMBER MUST REFRAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 AS THE PROPERTY DOES NOT HAVE A TOP MANAGEMENT OFFICIAL AND DOES NOT COMPENSATE INDIVIDUALS SERVING AS OFFICERS, THE BOARD DOES NOT HAVE A PROCESS FOR APPROVING COMPENSATION. THE BOARD DOES HAVE A PROCESS FOR ENGAGING A MANAGEMENT COMPANY TO OVERSEE THE OPERATIONS OF THE PROPERTY. THIS PROCESS INCLUDES EVALUATION AND APPROVAL OF A MANAGEMENT COMPANY THAT WILL MEET THE NEEDS OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE RATES TO BE PAID TO THE MANAGEMENT COMPANY AND THE TIME PERIOD OF THE CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 3 THE INVESTMENT INCOME IS INTEREST INCOME. FORM 990, PART IX, LINE 7 OTHER SALARIES AND WAGES ARE BROKEN OUT AS FOLLOWS: -MANAGER SALARIES $34,100 -REPAIR PERSONNEL $21,666 FORM 990, PART V, LINE 2A EMPLOYEES ARE EMPLOYED BY THE MANAGEMENT COMPANY. NO FEDERAL OR STATE PAYROLL REPORTING IS DONE BY THE ORGANIZATION.