2024-11-14T14:37:41-05:00 2023-12-31 631223562 CONE & SMITH PC 106 RAINBOW INDUSTRIAL BLVD RAINBOW CITY AL 359068901 990 2023-01-01 582214013 PARTNERSHIP HOUSING AFFORDABLE TO SOCIETY EVERYWHERE INC PART 7706884584 4920 ATLANTA HWY SUITE 345 ALPHARETTA GA 30004 PAUL J PONTE PRESIDENT 2292462005 2024-11-14 true false DAVID A SMITH CPA P00366118 2564133057 2024-11-14 2023 2024-10-15 13:58:12Z PAUL J PONTE 4920 ATLANTA HWYSUITE 345 ALPHARETTA GA 30004 253480 false X WWW.PHASEINC.ORG X 1996 GA OWN AND OPERATE A MULTI-FAMILY HOUSING DEVELOPMENT IN BAINBRIDGE, GEORGIA FOR THE BENEFIT OF THE COMMUNITY. 4 4 0 0 0 198551 253419 62 61 0 198613 253480 0 0 11696 14525 0 0 189041 220113 200737 234638 -2124 18842 1527842 1494498 478236 426050 1049606 1068448 X TO OWN AND OPERATE A MULTI-FAMILY HOUSING DEVELOPMENT IN BAINBRIDGE, GEORGIA FOR THE BENEFIT OF DOMESTIC AND/OR LEGALLY RESIDING FARM WORKERS IN THE DECATUR COUNTY AREA. false false TO OWN AND OPERATE A MULTI-FAMILY HOUSING DEVELOPMENT IN BAINBRIDGE,GEORGIA FOR THE BENEFIT OF DOMESTIC AND/OR LEGALLY RESIDING FARM WORKERS IN THE DECATUR COUNTY AREA. 190159 TO OWN AND OPERATE A MULTI-FAMILY HOUSING DEVELOPMENT IN BAINBRIDGE,GEORGIA FOR THE BENEFIT OF DOMESTIC AND/OR LEGALLY RESIDING FARM WORKERS IN THE DECATUR COUNTY AREA. 190159 190159 true false false false false false false false false false true 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 false false false false false true 0 0 0 false false false false false false false false X 4 4 false false false false false false false true true false false false true false false false false false false false GA X PAUL J PONTE 7708091218 4920 ATLANTA HWY SUITE 345 ALPHARETTA GA 30004 X PAUL J PONTE PRESIDENT X 0 0 0 ERNEST DAVIS JR VICE-PRESIDE X 0 0 0 CHRISTY RIGGINS SECRETARY/DI X 0 0 0 CHARLES M MCLEOD TREASURER X 0 0 0 false false false PHASE INC.DEVELOPER FEES 115334 115334 RENTAL ASSISTANCE INCOME 115255 115255 RENT INCOME TENANTS 84384 84384 TENANT CHARGES 605 605 GAIN/LOSS ON INVESTMENT -5104 -5104 -57055 -57055 253419 61 61 253480 253480 X 12515 12515 2010 2010 13419 13419 368 368 116443 116443 4496 4496 34 34 2623 2623 38251 38251 DEPRECIATION EXPENSE 44479 44479 234638 190159 44479 0 85540 73014 323237 432680 22227 9456 1748706 903363 892206 845343 204632 134005 1527842 1494498 163523 77939 272397 253703 42316 94408 478236 426050 X 1049606 1068448 1049606 1068448 1527842 1494498 18842 X false false X 92713 138754 144345 253986 629798 92713 138754 144345 253986 629798 629798 65014 30190 35839 131043 760841 887389 0.82780 0.81090 X 45000 45000 1703706 903363 800343 845343 CASH IN RESERVE 85632 TAX & INSURANCE RESERVE 39587 TENANT SECURITY DEPOSITS 8786 134005 OTHER ACCRUED 63163 DUE TO PHASE 23800 TSD PAYABLE 5989 PREPAID RENT 1243 ACCRUED INTEREST 213 94408 FORM 990, PAGE 2, PART III, LINE 4D TO OWN AND OPERATE A MULTI-FAMILY HOUSING DEVELOPMENT IN BAINBRIDGE,GEORGIA FOR THE BENEFIT OF DOMESTIC AND/OR LEGALLY RESIDING FARM WORKERS IN THE DECATUR COUNTY AREA. FORM 990, PAGE 6, PART VI, LINE 11B ALL DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 BEFORE FILING FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G BANK FEES 55 0 0 CARETAKER 11,032 0 0 MAINTENANCE SUPPLIES 4,666 0 0 GENERAL MAINTENANCE & REPAIRS 7,782 0 0 TELEPHONE 989 0 0 UTILITIES 50,677 0 0 REAL ESTATE TAXES 14,366 0 0 GARBAGE 8,405 0 0 PEST CONTROL 900 0 0 GROUNDS 4,850 0 0 TENANT SERVICES 12,586 0 0 OTHER TAXES AND PERMITS 135 0 0 TOTAL 116,443 0 0