2024-03-13T10:38:08-05:00 2023-04-30 341874260 CBIZ MHM LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2022-05-01 431112009 FREEWAY HOMES INC FREE 8165614240 7920 WARD PARKWAY KANSAS CITY MO 64114 FAYE ETTA PARKS PRESIDENT 8165614240 2024-03-13 1 FAYE ETTA PARKS XXX-XX-XXXX 0 LISA BURKE P00220718 8169455500 2024-02-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FAYE ETTA PARKS 1323 PARK AVE KANSAS CITY MO 64127 625545 0 X N/A X 1975 MO PROVIDE COOP HOUSING FOR LOW INCOME PEOPLE 3 3 2 0 0 0 0 0 601116 623063 301 2482 0 0 601417 625545 0 0 0 0 117738 129092 0 0 0 405258 453023 522996 582115 78421 43430 1093308 1135048 1150298 1148608 -56990 -13560 TO OPERATE A HOUSING DEVELOPMENT UNDER SECT 202 OF THE NATIONAL HOUSING ACT. RENT CHARGES, MAJOR ADDITIONS, RENOVATIONS AND CASH DISTRIBUTIONS TO OFFICERS/DIRECTORS, ETC. ARE SUBJECT TO PRIOR APPROVAL BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 0 0 479022 623063 PROVIDE COOP HOUSING FOR LOW INCOME PEOPLE 479022 0 0 0 0 0 0 0 0 0 1 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 8 0 2 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X FRED ARREGUIN 8165614240 7920 WARD PARKWAY KANSAS CITY MO 64114 X FAYE ETTA PARKS PRESIDENT 1.00 X X 0 0 0 BRENDA TAYLOR BOARD MEMBER 1.00 X 0 0 0 KAREN CHISHOLM BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENT REVENUE 900099 615647 615647 TENANT CHARGES 900099 7416 7416 623063 2482 2482 625545 623063 0 2482 110575 110575 11124 11124 7393 7393 13 13 17054 17054 47389 47389 1545 1545 22443 22443 96197 96197 620 620 39407 39407 42057 42057 70599 70599 OPERATING AND MAINTENAN 82940 82940 REAL ESTATE TAXES, LICE 15623 15623 ADMINISTRATIVE EXPENSES 14649 14649 BAD DEBTS 2487 2487 582115 479022 103093 0 75423 80842 4019 9642 16775 10849 2867826 2479240 394692 388586 602399 645129 1093308 1135048 25624 28871 5662 3526 1097228 1094102 21784 22109 1150298 1148608 X -56990 -13560 -56990 -13560 1093308 1135048 43430 0 X 1 X 0 1 0 159694 159694 2606340 2378856 227484 101792 100384 1408 388586 SECURITY DEPOSIT 22109 RESIDUAL RECEIPTS 181093 DEPOSITS 441927 645129 SECURITY DEPOSITS 22109 22109 X 625545 0 625545 0 625545 582115 0 582115 0 582115 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION IS MADE FOR INCOME TAXES IN THESE STATEMENTS. IN ADDITION, THE ORGANIZATION IS EXEMPT FROM REAL ESTATE TAXES. THE ORGANIZATION HAS ADOPTED THE STANDARDS REQUIRING DISCLOSURE OF UNCERTAIN TAX POSITIONS UNDER THE FASB ASC TOPIC "INCOME TAXES." THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR IN THE STATEMENT OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO MATERIAL TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE MISSOURI STATE JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2019. FORM 990, PART VI, SECTION A, LINE 3 FREEWAY HOMES, INC. IS IN AGREEMENT WITH YARCO COMPANY, INC., WHO PROVIDES MANAGEMENT SERVICES FOR THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION OPERATES A HOUSING DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. ITEMS SUCH AS RENT CHARGES, MAJOR ADDITIONS AND RENOVATIONS AND CASH DISTRIBUTIONS TO OFFICERS AND DIRECTORS ARE SUBJECT TO PRIOR APPROVAL BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBER OR MEMBERS ASSIGNED TO REVIEW THE TAX RETURN, REVIEW THE RETURN AND SEND IT BACK TO THE MANAGEMENT AGENT. FORM 990, PART VI, SECTION B, LINE 12C YARCO CO MONITORS POLICIES ON BEHALF OF FREEWAY HOMES, INC. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.