2024-01-27T08:46:40-06:00 2023-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2022-07-01 470838844 PISGAH INC PISG 4023337373 2840 S 123RD COURT OMAHA NE 68144 RALPH LASSITER PRESIDENT 4023337373 2024-01-27 1 RALPH LASSITER 999009999 0 EKATERINA GWYN P01333750 3178485700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CONCORD SQUARE APARTMENTS RALPH LASSITER 2602 N 24TH ST OMAHA NE 68110 183380 0 X N/A X 2001 NE THE NOT FOR PROFIT ORGANIZATION WAS FORMED FOR THE PURPOSE OF OPERATING A 21 UNIT COMMUNITY KNOWN AS CONCORD SQUARE APARTMENTS LOCATED IN OMAHA, NEBRASKA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE CORPORATION WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR 20 OF THE 21 UNITS AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 4 4 0 4 0 0 85273 104910 64085 77577 12 10 1121 883 150491 183380 0 0 0 0 0 0 0 0 0 223583 210750 223583 210750 -73092 -27370 790956 753297 1350968 1340679 -560012 -587382 X THE NOT FOR PROFIT ORGANIZATION WAS FORMED FOR THE PURPOSE OF OPERATING A 21 UNIT COMMUNITY KNOWN AS CONCORD SQUARE APARTMENTS LOCATED IN OMAHA, NEBRASKA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE CORPORATION WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR 20 OF THE 21 UNITS AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 0 0 172488 77577 THE NOT FOR PROFIT ORGANIZATION WAS FORMED FOR THE PURPOSE OF OPERATING A 21 UNIT COMMUNITY KNOWN AS CONCORD SQUARE APARTMENTS LOCATED IN OMAHA, NEBRASKA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE CORPORATION WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR 20 OF THE 21 UNITS AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 172488 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X SELDIN COMPANY 4023337373 2840 S 123RD COURT OMAHA NE 68144 X RALPH LASSITER PRESIDENT 0.50 0.00 X X 0 0 0 T MICHAEL WILLIAMS VICE PRESIDENT 0.50 0.00 X X 0 0 0 VIRGINIA LEMMONS SECRETARY 0.50 0.00 X X 0 0 0 HOWARD DIXON DIRECTOR 0.50 0.00 X 0 0 0 0 0 0 0 0 0 0 0 104910 104910 RENTAL INCOME 531110 77577 77577 77577 10 10 CABLE TV INCOME 531110 715 715 OTHER MISC REVENUE 531110 136 136 TENANT CHARGES 531110 32 32 883 183380 77577 0 893 12523 12523 831 831 8263 8263 390 390 4054 4054 130377 130377 125 125 531 531 37293 37293 MTG CO EMPLOYEE CHARGEB 16255 16255 BAD DEBTS 108 108 210750 172488 38262 0 5223 8844 2255 13845 207 490 1498985 783055 753222 715930 30049 14188 790956 753297 59995 44507 1302 6375 1285700 1285700 3971 4097 1350968 1340679 X -560012 -587382 -560012 -587382 790956 753297 -27370 0 X X 0 1 X 1 1 1 X 74224 84027 84677 85273 104910 433111 74224 84027 84677 85273 104910 433111 433111 48 44 32 12 10 146 1922 1841 1413 1121 883 7180 440437 410753 0.98340 0.98260 X SCHEDULE A, PART II, LINE 10: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 1461360 746256 715104 34627 34627 0 2997 2172 825 715930 TENANT SECURITY DEPOSITS 4097 4097 X 183380 0 183380 0 183380 210750 0 210750 0 210750 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 3 PISGAH, INC. IS MANAGED BY SELDIN CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. SELDIN CORPORATION HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED SELDIN CORPORATION TO MANAGE THE PISGAH, INC. COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE AND SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION A, LINE 6 THE DIRECTORS OF THE CORPORATION SHALL AT ALL TIMES BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF MT. MORIAH CHURCH, OMAHA, NE OR NON-MEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF MT. MORIAH CHURCH, OMAHA, NE. FORM 990, PART VI, SECTION A, LINE 7A MT. MORIAH CHURCH, OMAHA, NE, SHALL APPOINT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS IN COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDITING FUNCTION THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.