2024-11-25T11:50:36-00:00 2023-12-31 431794646 WELCH & ASSOCIATES LLC 2405 GRAND BOULEVARD SUITE 1040 KANSAS CITY MO 64108 990 2023-01-01 431259971 PALESTINE GARDENS INC PALE 8169210140 220 NW EXECUTIVE WAY LEES SUMMIT MO 64063 MELVIN GROSS DIRECTOR 8169210140 2024-11-25 true true BRIAN D WELCH P00177410 8167562620 2024-11-25 2023 2024-10-15 13:58:12Z WENDELL JONES 2627 EAST 33RD STREET KANSAS CITY MO 64128 3560771 false X LIVEATPALESTINEGARDENS.COM X 1988 MO Taxpayer operates a 58 unit apartment complex for the elderly in Kansas City, Missouri. X 10 10 0 10 0 0 391670 87441 85 2839598 5482 105670 397237 3032709 0 0 14270 0 0 454444 104318 454444 118588 -57207 2914121 692973 1968314 1638780 0 -945807 1968314 Taxpayer operates a 58 unit apartment complex for the elderly in Kansas City, Missouri. The apartment complex is operated pursuant to Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing anf Urban Development. false true 70915 87441 Taxpayer operated a 58 unit apartment complex in Kansas City, Missouri pursuant to Section 202 of the National Housing Act. On March 31, 2023 we sold are rental assets and ceased operations. 600 Taxpayer also provides various social services and activities for its residents and the surrounding community specific services/activities include 1 mobile post office, 2 guest speakers and workshops on health and nutritional issues, and 3 other cultural/educational/artistic outing and activities. Approximate numbers served are 330 per month. 71515 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 false false false false false false false false false true false true false false false true 13 0 0 false false false false false false false false false false false false X 10 10 false true false false false false false true false false false true false false false false false false X FULSON HOUSING GROUP 8162469220 220 NORTHWEST EXECUTIVE WAY LEES SUMMIT MO 64063 X WENDELL JONES CHAIRMAN 000.50 X X 0 0 0 EDWYNNE SMITH TREASURER 000.50 X X 0 0 0 RHONDA IVERSON SECRETARY 000.50 X X 0 0 0 RICK EARL ABEL DIRECTOR 000.50 X 0 0 0 MELVIN GROSS DIRECTOR 000.50 X 0 0 0 DONALD MAXWELL DIRECTOR 000.50 X 0 0 0 GLYNNIS BYERS DIRECTOR 000.50 X 0 0 0 HAROLD WHITE DIRECTOR 000.50 X 0 0 0 DERRICK SMITH DIRECTOR 000.50 X 0 0 0 JAMES P SMITH DIRECTOR 000.50 X 0 0 0 false false false Rental and ancillary Income 531110 87441 87441 87441 25 25 3367635 528062 2839573 2839573 2839573 Asset/liabilities written-off end of operations 900099 105670 105670 105670 3032709 87441 2945268 0 0 0 0 0 0 11300 5650 5650 0 1682 841 841 1288 644 644 5374 2687 2687 300 300 10355 10355 0 0 1405 1244 161 0 3662 1831 1831 0 0 8594 6875 1719 0 0 0 43154 34523 8631 0 12877 10302 2575 10528 8422 2106 Apartment allowance 4404 2202 2202 Operating/Maintenance expenses -5303 -4242 -1061 8968 236 8732 118588 71515 47073 0 3690 5679 38955 1968314 22120 540938 81591 692973 1968314 162542 3670 9428 1463140 1638780 0 X -945807 1968314 -945807 1968314 692973 1968314 2914121 X X false false true false X 36835 15797 6252 58884 445892 474591 425597 397152 87411 1830643 482727 490388 431849 397152 87411 1889527 292353 297342 267393 263680 53320 1174088 292353 297342 267393 263680 53320 1174088 715439 129 64 89 85 25 392 0 129 64 89 85 25 392 0 105670 105670 482856 490452 431938 397237 193106 1995589 0.35850 0.37250 0.00020 0.00020 X Part III Section B Line 13 Net gain fron write off of assets and liabilities after sale of rental assets false Financial derivatives and other financial products Closely-held equity interests Federal income taxes All real and personal rental assets 2023-03-31 3367635 Settlement Statement 874715702 PGPGN LP 220 NW Executive Way Lees Summit MO 64063 true false false false Part II Line 2e Melvin Gross a member of the board of directors is the president of PG/PGN, LP. Melvin does not receive compensation. Form 990, Part VI, Section A, Line 3 The Organization employed a managment company to oversee day-to-day rental activities. Form 990, Part VI, Section A, Line 8b This question is not applicable because committees cannot bind the Organization without board approval. However, the question must be answered to electronically file. Accordingly, we checked no to signify that the question is not applicable. Form 990, Part VI, Section B, Line 11b This tax return was prepared the external audit firm and reviewed by a member of the board of directors. Form 990, Part VI, Section B, Line 15a,b These questions are not applicable because we did not pay compensation to anyone meeting the description of these questions. However, the questions must be answered to electronically file. Accordingly, we checked no to indicate that the process does not exist because it is not necessary. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, financial statements, and Form 990 tax returns are made available upon request. Form 990, Part XII, Line 2b Audit is in progress Form 990, Part XII, Line 3b Audit is in progress Form 990, Part VI, Section A, Line 3 The Organization sold its real and personal rental assets to a buyer that will continue to offer affordable housing via the low-income housing tax credit program. PALESTINE GARDENS NORTH INC 3220 MONTGALL KANSAS CITY MO 64128 431697563 Multi-family housing MO 501c3 10 N/A false false false false false false false false false false false false false false true false false false false false