2024-05-08T08:34:40-07:00 2023-06-30 831863068 Thomas & Thomas CPAs PLLC 2900 St Michael Dr Ste 302 Texarkana TX 75503 990 2022-07-01 621501638 American Heritage Apartments Inc AMER 9038323000 1430 College Drive Texarkana TX 75503 William D Weitzel President 2024-05-08 true William D Weitzel 999009999 true Tim Holt CPA P00638145 9038313477 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z William D Weitzel 1430 College Drive Texarkana TX 75503 31152236 false X N/A X 1992 TN Quality affordable housing. We offer reduced rent to low and very low income individuals and families. We dedicate 35% of our units to this purpose. We receive no funding from outside sources to assist with this endeavor. 5 2 38 215682 34382 30000 0 2683734 1790009 805817 1338092 549660 344604 4069211 3472705 35122 44713 0 1928592 2071364 0 0 3613106 3020389 5576820 5136466 -1507609 -1663761 46870195 44871936 1676386 1341888 45193809 43530048 Quality affordable housing. We offer reduced rent to low and very low income individuals and families. We dedicate 35% of our units to this purpose. We receive no funding from outside sources to assist with this endeavor. false false 3701905 44713 1918931 Quality affordable housing. We offer reduced rent to low and very low individuals and families. We dedicate 35% of our units to this purpose. We receive no funding from outside sources to assist with this endeaver. 196381 The entity maintains other aircraft previously used in a flight school. 180300 The entity leases another aircraft to another entity. 4078586 true false false false false false false false false false true false false false true false true false false false false false false false false false false true false true false false false true false false false false false false false false true true true true false false true 27 0 true 38 true true true false false false false false false 0 false false false false false false false X 5 2 true false false false false true true true false false false false false false false false false false X William D Weitzel 9038323000 1430 College Dr Texarkana TX 75503 Lonny D Weitzel Vice President 40.00 0.00 X X 435091 0 0 William D Weitzel President 40.00 0.00 X X 358366 0 0 Charlene Carter Comptroller 40.00 0.00 147589 0 0 Brendon Peterson Board Member 40.00 0.00 X 74665 0 0 James Henry Fincher Board Member 0.00 0.00 X 0 0 0 Kenneth Straw Board Member 0.00 0.00 X 0 0 0 1015711 3 false true false Piney Woods Construction and Fabrication LLC PO Box 362 Atlanta TX 75551 Construction Contractor 130040 Manuel Garcia 1202 NW Logan Ave Lawton OK 73507 Construction Contractor 162425 Restoration of Hope General Construction 1217 Hazel St Texarkana TX 75501 Construction Contractor 313720 3 0 Management/Accounting Inc 531310 7948 7948 Tenant Utilities & Other 531110 451087 451087 Unit Rental Income 531110 1330974 1330974 1790009 1051139 1051139 0 0 215682 215682 215682 215682 27446318 520166 27148608 530923 297710 -10757 286953 -10757 297710 0 0 0 Miscellaneous Income 531110 128922 128922 128922 3472705 1908174 215682 1348849 44713 44713 0 0 0 868122 572961 295161 145873 96276 49597 904430 624744 279686 0 0 152939 105500 47439 0 103833 103833 48500 48500 0 0 0 0 0 32120 970 31150 0 0 0 225764 225764 0 0 20878 20878 0 797087 797087 530413 469635 60778 UTILITIES 746728 728178 18550 Repairs and Maintenace 332474 332474 Property Taxes 55067 40489 14578 Miscellaneous 38362 38362 89163 18917 70246 5136466 4078586 1057880 0 X 2103010 13479992 15452743 0 0 46297 42791 1035256 1247266 0 15982859 15641303 0 88995 116375 16648444 2333120 12134671 14315324 0 0 0 0 26364 28885 46870195 44871936 257883 954742 980000 438503 387146 1676386 1341888 X 45193809 43530048 45193809 43530048 46870195 44871936 -1663761 X false true X false false X 30000 30000 10234342 3614230 2048275 2683734 1790009 20370590 0 0 0 10234342 3614230 2048275 2713734 1790009 20400590 0 0 20400590 92965 821319 997800 805817 1348849 4066750 215682 215682 92965 821319 997800 805817 1564531 4282432 0 128922 128922 10327307 4435549 3046075 3519551 3483462 24811944 0.82220 0.90420 0.17260 0.09580 X 283125 283125 6202487 606222 5596265 1382360 158094 1224266 4772594 1563683 3208911 4007878 5121 4002757 14315324 Accrued Payroll Items 136488 Advances Payable to Individuals 44799 Property Insurance Payable 17217 Property Taxes Payable 106474 Tenant Security Deposits 82168 387146 3472705 3472705 3472705 5136466 5136466 5136466 false Home Health Eduction Service 500 Stonybrook Way Montgomery AL 36117 586012321 Religious Org 17704 0 Marietta New Hope SDA Church 21357 TX-77 Marietta TX 75566 752277122 Religious Org 5009 0 NAPS PO Box 100 Greensboro AL 36744 631187365 501(c)(3) 10000 0 Ozark Adventist Academy 20997 Dawn Hill East Road Gentry AR 72734 716014243 501(c)(3) 12000 0 2 2 false false false false false false false false false Lonny D Weitzel Vice President 430991 4100 435091 William D Weitzel President 354266 4100 358366 William D Weitzel President VT Loan X 800000 553130 false true true Lonny D Weitzel Officer/VP Home Loan X 548000 277901 false true true Brendon Peterson Officer Home Loan X 160767 153009 false true true Brendon Peterson Officer StudentLoan X 42514 37787 false true true Brendon Peterson Officer Land Loan X 193017 185804 false true true Brendon Peterson Officer Aircraft X 40000 39635 false true true 1247266 Schedule L, Part V Supplemental Information An interest rate on a loan to an officer of the organization was determined to be below the Applicable Federal Rate (AFR) prescribed by the IRS, which could be considered an excess benefit transaction. However, during the year ended June 30, 2023, the organization voluntarily corrected the loan by retroactivtely applying the AFR from the inception of the loan. Form 990, Part VI, Section A, Line 2 William Weitzel, President, and Lonny Weitzel, Vice President, are father and son. Form 990, Part VI, Section A, Line 7a William Weitzel and or the Board of Directors make all governing decisions. Form 990, Part VI, Section A, Line 7b The existing Board of Directors votes and appoints members to the governing board. Form 990, Part VI, Section B, Line 11b The Form 990 will be reviewed by William Weitzel and Lonny Weitzel. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part X The Form 990 for tax year 2021 was prepared by a different CPA and was based on unaudited financial statements. During the current fiscal year, the organization terminated a contract for deed that was originally signed in 2020 due to breach of contract. This resulted in a restatement of previously reported financial statements. The financial statements from which the Form 990 has been prepared are the restated amounts. AHE - Country Club View Apartments LLC 4645 West Gore Blvd Lawton OK 73505 851296508 Rental Properties OK 1704393 9127557 American Heritage Apartments Inc AHE - Beacon Point LLC 1430 College Drive Texarkana TX 75503 822536581 Residual Investment from Sale of Rental Properties AR 10395 266560 American Heritage Apartments Inc AHE - Chapel Ridge LLC 1430 College Drive Texarkana TX 75503 832533260 Residual Investment from Sale of Rental Properties AR 28195 905362 American Heritage Apartments Inc AHE - Regency Apartments LLC 1430 College Drive Texarkana TX 75503 822452680 Residual Investment from Sale of Rental Properties TX 28195 905362 American Heritage Apartments Inc AHE - Summerhill Woods LLC 1430 College Drive Texarkana TX 75503 300324677 Residual Investment from Sale of Rental Properties TX 55083 1768609 American Heritage Apartments Inc AHE - Timbercrest LLC 1430 College Drive Texarkana TX 75503 822525262 Residual Investment from Sale of Rental Properties TX 55083 1768609 American Heritage Apartments Inc N8702V Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE American Heritage Apartments Inc N46362 Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE American Heritage Apartments Inc N513TL Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 198413 American Heritage Apartments Inc N174JP Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 49404 American Heritage Apartments Inc N371MP Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 484220 America Heritage Apartments Inc N737PG Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 382225 America Heritage Apartments Inc N468HA Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 2507 American Heritage Apartments Inc N915WV Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 32839 American Heritage Apartments Inc N62689 Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 204500 American Heritage Apartments Inc N6252T Inc 1430 College Drive Texarkana TX 75503 621501638 Aircraft DE 23183 American Heritage Apartments Inc AHE - Lakeshore Inc 1430 College Drive Texarkana TX 75503 611733435 Residual Investment from Sale of Rental GA American Heritage Ap C Corp 31182 1001278 1.00000 true AHE - Park Ridge Apartments Inc 1430 College Drive Texarkana TX 75503 621585318 Residual Investment from Sale of Rental TN American Heritage Ap C Corp 55083 1768609 1.00000 true AHE - Richmond Oaks Inc 1430 College Drive Texarkana TX 75503 752605467 Residual Investment from Sale of Rental TX American Heritage Ap C Corp 55083 1768609 1.00000 true AHE - Stratford Inc 1430 College Drive Texarkana TX 75503 621490105 Residual Investment from Sale of Rental TN American Heritage Ap C Corp 28502 905639 1.00000 true AHA - Westwood Inc 1430 College Drive Texarkana TX 75503 752454047 Residual Investment from Sale of Rental TX American Heritage Ap C Corp 48002 1768609 1.00000 true false false false false false false false false false false false false false false false false false false true AHE - Lakeshore Inc s 1001278 Fair Value AHE - Park Ridge Apartments Inc s 1768609 Fair Value AHE - Richmond Oaks Inc s 1768609 Fair Value AHE - Stratford Inc s 905639 Fair Value AHA - Westwood Inc s 1768609 Fair Value