2024-11-13T15:08:32-05:00 2024-06-30 BLOOM & BLOOM LLP 356 MILLBURN AVE Millburn NJ 07041 990 2023-07-01 742835142 WILLOW TERRACE INC WILL PO BOX 80009 Albuquerque NM 87198 KARA SUMMERS PRESIDENT 5054521553 2024-07-22 false true RICHARD BLOOM P00358820 9739120300 2024-11-13 2023 2024-10-15 13:58:12Z WILLOW TERRACE APARTMENTS 145051 false X X 1997 NM TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSON 3 0 0 3 0 0 0 134969 144980 8 71 0 134977 145051 0 0 31228 31122 0 0 150032 127198 181260 158320 -46283 -13269 390364 383223 996222 1002350 -605858 -619127 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSON false false 158320 145051 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSONS 158320 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 false false false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false false false false false false false false false false false false false false X 3 0 true true false false false false false true true false false false true true true false true false false false false X KARA SUMMERS 5054521553 PO BOX 80009 Albuquerque NM 87198 X KARA SUMMERS PRESIDENT 4.00 0.00 X X 0 0 0 MICHELLE DRUM SECRETARY 1.00 0.00 X X 0 0 0 ALLEN DRUM TREASURER 1.00 0.00 X X 0 0 0 0 0 0 0 false false false RENT 532000 144980 144980 144980 71 71 145051 145051 0 0 24859 24859 4309 4309 1954 1954 12236 12236 15567 15567 3884 3884 504 504 22988 22988 17090 17090 UTILITIES 25600 25600 MANAGER RENT FREE UNIT 8652 8652 REAL ESTATE TAXES 7164 7164 CLEANING AND MAINTENANCE 7970 7970 5543 5543 158320 158320 0 0 909 178 590 13476 963523 610830 375681 352693 13184 16876 390364 383223 39092 45427 953200 953200 3930 3723 996222 1002350 X -605858 -619127 -605858 -619127 390364 383223 -13269 0 X false true X true true X 2050 53 2103 89736 88801 109372 134969 144980 567858 89736 90851 109425 134969 144980 569961 569961 8 43 4 8 71 134 8 43 4 8 71 134 89744 90894 109429 134977 145051 570095 0.99980 0.99980 0.00000 0.00000 X 35000 35000 915243 597550 317693 13280 13280 352693 RESERVE FOR REPLACEMENT 13059 SECURITY DEPOSIT 3817 16876 SECURITY DEPOSITS 3714 PREPAID RENTAL INCOME 9 3723 145051 145051 145051 158320 158320 158320 Officer directors etc family relationship Part VI line 2 Allen DRUM KARA SUMMERS TREASURER PRESIDENT MICHELLE DRUM KARA SUMMERS SECRETARY PRESIDENT Management duties delegation Part VI line 3 MANAGEMENT IS PROVIDED BY MANAGING AGENT UNDER A CONTRACT APPROVED BY US DEPARTMENT OF HUD Form 990 governing body review Part VI line 11 NO REVIEW WAS OR WILL BE CONDUCTED Conflict of interest policy compliance Part VI line 12c CONFLICT OF INTEREST ARE DISCUSSED AT BOARD MEETINGS Governing documents etc available to public Part VI line 19 A COPY OF THE TAX RETURN IS PROVIDED FREE OF CHARGE UPON REQUEST Explanation of other changes in net assets or fund balances Part XI line 9 ROUNDING ADJ