2024-12-09T14:26:46+00:00 2023-12-31 440160260 Forvis Mazars LLP 4161 Piedmont Parkway Suite 310 Greensboro NC 27410 990 2023-01-01 561891744 CMHP Properties Inc CMHP 7043420933 4601 CHARLOTTE PARK DRIVE STE 350 Charlotte NC 28217 JULIE A PORTER President 7043420933 2024-12-09 true true Kevin Rayfield P00290535 3368895156 2024-12-09 2023 2024-10-15 13:58:12Z JULIE A PORTER 4601 CHARLOTTE PARK DRIVE STE 350 Charlotte NC 28217 2557235 false X N/A X 1994 NC To provide affordable housing to low and moderate income families 3 0 0 0 0 0 0 0 464737 2548004 243 9231 0 0 464980 2557235 0 0 0 0 105458 0 0 0 541396 538344 541396 643802 -76416 1913433 2945076 5008332 798947 948770 2146129 4059562 TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES false false 643802 2548004 CMHPP SUPPORTS AND OPERATES EXCLUSIVELY FOR THE BENEFIT OF DREAMKEY PARTNERS, INC. CMHPP OWNS TWO MULTIFAMILY HOUSING PROJECTS (WEST DOWNS II AND THE GABLES AT DRUID HILLS) ) FOR LOW AND MODERATE INCOME FAMILIES CONSISTING OF 68 TOTAL HOUSING UNITS. 643802 true false false false false false false false false true false true true true true false true false false false false false false false false false false false true false false false false false false false false false false false false true true true false false false true 0 0 0 false false false false false false false false false false false false X 3 0 false false false false false false false true false false false false true true true true true true true false X JULIE A PORTER 7043420933 4601 CHARLOTTE PARK DRIVE STE 350 Charlotte NC 28217 Mr Fred Dodson Jr Vice President 1.0 40.0 X X 0 237808 24465 Mr Kevin Schrader Treasurer 1.0 40.0 X X 0 188205 10197 Ms Julie A Porter President 1.0 40.0 X X 0 288357 27499 0 714370 62161 3 false true false 0 0 Program Rent 531390 556477 556477 Investment Income 531390 1991527 1991527 0 0 0 0 2548004 9231 9231 0 0 0 0 0 0 0 0 0 2557235 2548004 0 9231 98405 98405 7053 7053 52212 52212 2272 2272 2000 2000 0 0 0 0 2064 2064 190 190 37981 37981 133378 133378 22307 22307 Repairs and maintenance 199140 199140 Utilities 48136 48136 Other Expenses 38664 38664 0 0 0 0 643802 643802 0 0 29390 15326 34117 39360 1888 4462 0 0 0 0 5215518 2609113 2733917 2606405 0 -189621 2029092 33733 27866 301652 285821 2945076 5008332 952 5413 27116 3595 0 0 705313 693154 65566 246608 798947 948770 X 2146129 4059562 2146129 4059562 2945076 5008332 1913433 0 X false true X false false X X 1 DreamKey Partners Inc 561620516 7 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 388041 388041 4621167 2453238 2167929 206310 155875 50435 2606405 Program Related Investments 2029092 2029092 Druid Hills Security Deposits 24398 Druid Hills Tax Escrow 61 Druid Hills Insurance Escrow 15883 Druid Hills Replacement Reserve 241204 Insurance Escrow 1375 Security Deposits 2900 285821 Tenant Security Deposit 27298 Due to CMHP, INC. 219210 Due to/from Property 100 246608 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote DREAMKEY PARTNERS, INC. AND ITS CONSOLIDATED NONPROFIT CORPORATIONS ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE STATUTES AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO THEIR TAX EXEMPT STATUS, DKP, INC. AND THE CONSOLIDATED NONPROFIT CORPORATIONS ARE NOT SUBJECT TO INCOME TAXES. DKP, INC. AND THE CONSOLIDATED NONPROFIT CORPORATIONS ARE REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THERE ARE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. false false false false false false false false false Ms Julie A Porter President 0 288357 0 0 0 0 0 17302 0 10197 0 315856 0 0 Mr Fred Dodson Jr Vice President 0 237808 0 0 0 0 0 14268 0 10197 0 262273 0 0 Mr Kevin Schrader Treasurer 0 188205 0 0 0 0 0 0 0 10197 0 198402 0 0 Form 990, Part IV, Line 12b THE FINANCIAL STATEMENTS FOR CMHP PROPERTIES, INC WERE AUDITED AS PART OF A CONSOLIDATED FINANCIAL STATEMENT AUDIT FOR DREAMKEY PARTNERS, INC. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD OF THE ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CFO AND ACCOUNTING STAFF OF THE ORGANIZATION REVIEW A DRAFT COPY OF THE TAX RETURN, CONSULTING WITH THE PRESIDENT AND COO WHERE NECESSARY, TO ENSURE THAT THE RETURN IS CORRECT. THE FINAL VERSION OF THE RETURN IS DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REQUIRES BOARD MEMBERS ANNUALLY TO SIGN STATEMENTS ACKNOWLEDGING THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 15a Process to establish compensation of top management official SALARIES WERE COMPARED TO THOSE OF CHARLOTTE HOUSING AUTHORITY; CONSULTED PUBLICATIONS; ENGAGED A CONSULTANT WHO STUDIED THE ORGANIZATION'S COMPENSATION AND MADE RECOMMENDATIONS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT ARE AVALIBLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2c THE ORGANIZATION AND OVERSIGHT PROCESSES HAVE NOT CHANGED FROM THE PRIOR YEAR. Druid Hills LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 Low-Income Housing NC -93539 2506644 CMHPP Inc DreamKey Partners Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 561620516 Low-Income Housing NC 501(c)(3) 7 NA false DreamKey Partners Mortgage Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 562256392 Mortgage Services NC 501(c)(3) 7 DKP Inc false Fairview Senior Housing Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 141869954 Low-Income Housing NC 501(c)(3) 10 DKP Inc false South Park Seniors LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 141958245 Rental Real Estate NC NA Related -19 105825 false true 0.0001 Tyvola Crossing LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 200399428 Rental Real Estate NC CMHP Properties Related -7 0 false true 0.0001 South Oak Crossing LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 364581147 Rental Real Estate NC NA Related -67 -226794 false true 0.0001 Gables II LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 412280552 Rental Real Estate NC Gables II Manager Inc Related 0 -58 false true 0.0001 Statesville Avenue Homes LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 412280555 Rental Real Estate NC Statesville Ave Manager Inc Related 0 -46 false true 0.0001 Kohler Avenue LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 352316669 Rental Real Estate NC Kohler Manager Inc Related -16 199121 false true 0.0001 Westinghouse Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 800521826 Rental Real Estate NC Westinghouse Manager Inc Related -12 -172706 false true 0.0001 Catawba Senior Housing LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 461090630 Rental Real Estate NC Catawba Senior Manager Inc Related 0 -247 false true 0.0001 Atando Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 473477976 Rental Real Estate NC Atando Manager Inc Related -9 1130404 false true 0.0001 Breckinridge Oaks Partners LLC 2000 Riveredge Parkway Ste 450 Atlanta GA 30328 474062010 Rental Real Estate GA NA Related -23 46313 false true 0.51 Tuckaseegee Senior LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 813746426 Rental Real Estate NC Tuckaseegee Manager Inc Related -35 52594 false true 0.0001 Freedom Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 824255562 Rental Real Estate NC Freedom Manager Inc Related -70 1148174 false true 0.0001 Wellspring Village LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 203903874 Rental Real Estate NC Wellspring Manager Inc Related -10 133082 false true 0.0001 Hearthside Lafayette Partners LLC 2000 Riveredge Parkway Ste 450 Atlanta GA 30328 821692089 Rental Real Estate GA NA Related 105839 0 false true 0.51 Nolley Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 831743307 Rental Real Estate NC Nolley Manager Inc Related -45 484961 false true 0.0001 Connelly Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 852701202 Rental Real Estate NC Connelly Manager Inc Related -7 14967150 false true 0.0001 Breckinridge Oaks LP 2000 Riveredge Parkway Ste 450 Atlanta GA 30328 474191186 Rental Real Estate GA Breckinridge Oaks Partners LLC Related -45 90810 false true 0.0001 Hearthside Lafayette LP 2000 Riveredge Parkway Ste 450 Atlanta GA 30328 812828978 Rental Real Estate GA Hearthside Lafayette Partners LLC Related 207527 0 false true 0.0001 JOS Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 872664909 Rental Real Estate NC JOS Manager Inc Related 0 8345124 false true 0.0001 Mayfield Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 843126769 Rental Real Estate NC Mayfield Manager Inc Related -21 10478559 false true 0.0001 Dunbar Place Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 862013366 Rental Real Estate SC Dunbar Manager Inc Related 0 10252478 false true 0.0001 Dillard School Apartments LLC 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 874810694 Rental Real Estate NC Dillard Manager Inc Related 0 4534946 false true 0.0001 CMHP TECE Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 760850136 Real Estate Management NC CMHP Properties Inc C Corporation -1167 212128 1 false Gables II Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 800425586 Real Estate Management NC DKP Inc C Corporation -1120 0 1 true Kohler Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 943482627 Real Estate Management NC DKP Inc C Corporation -1136 0 1 true Statesville Avenue Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 800443458 Real Estate Management NC DKP Inc C Corporation -1120 0 1 true Westinghouse Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 611673892 Real Estate Management NC DKP Inc C Corporation -1132 248882 1 true Catawba Senior Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 462107863 Real Estate Management NC DKP Inc C Corporation -1120 0 1 true Wellspring Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 825465727 Real Estate Management NC DKP Inc C Corporation -1330 0 1 false Atando Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 475118270 Real Estate Management NC DKP Inc C Corporation -1126 0 1 false CMHP TECE Georgia Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 823468889 Real Estate Management NC DKP Inc C Corporation -6043 0 1 false Tuckaseegee Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 822631815 Real Estate Management NC DKP Inc C Corporation -1155 0 1 false Nolley Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 831750405 Real Estate Management NC DKP Inc C Corporation -1165 0 1 false Freedom Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 824279145 Real Estate Management NC DKP Inc C Corporation -1190 0 1 false Connelly Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 862119292 Real Estate Management NC DKP Inc C Corporation -1127 0 1 false JOS Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 872767731 Real Estate Management NC DKP Inc C Corporation -20 0 1 false Mayfield Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 872686722 Real Estate Management NC DKP Inc C Corporation -41 0 1 false Dunbar Manager Inc 4601 Charlotte Park Drive Ste 350 Charlotte NC 28217 921289187 Real Estate Management SC DKP Inc C Corporation 0 0 1 false false false false false false false false false false false false false false true true false true true false