2024-03-11T20:38:48-05:00 2021-12-31 440160260 FORVIS LLP 1829 EASTCHESTER DRIVE HIGH POINT NC 27265 990 2021-01-01 561085131 DHIC INC DHIC 9198324345 PO BOX 2185 RALEIGH NC 27602 YOLANDA C WINSTEAD PRESIDENT 9198324345 2024-03-11 1 YOLANDA WINSTEAD 999009999 KEVIN RAYFIELD P00290535 3368895156 2024-03-11 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X YOLANDA C WINSTEAD PO BOX 2185 RALEIGH NC 27602 6009696 0 X WWW.DHIC.ORG X 1973 NC TO BUILD, PROMOTE, AND PRESERVE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS 15 15 29 0 0 0 1419357 1458773 3227105 3383065 365082 355760 519792 812098 5531336 6009696 0 0 0 0 2526978 2723688 0 0 0 1828892 1393388 4355870 4117076 1175466 1892620 30064048 31965470 2164355 2173157 27899693 29792313 TO BUILD, PROMOTE, AND PRESERVE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS 0 0 2831102 4497893 THESE EXPENSES ARE GENERATED BY VARIOUS DEVELOPMENTS OF LOW-INCOME HOUSING PROJECTS. MODERATE AND LOW-INCOME FAMILIES WILL OCCUPY THE HOMES UPON COMPLETION. 2831102 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 30 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SHARON LORDEN 9198324345 113 SOUTH WILMINGTON STREET RALEIGH NC 27601 JOHN BRYSON CHAIR 0.50 0.50 X 0 0 0 DAN CLEMMENS DIRECTOR 0.50 0.50 X 0 0 0 GORDON GRUBB DIRECTOR 0.50 0.50 X 0 0 0 JORDAN MANNESS DIRECTOR 0.50 0.50 X 0 0 0 MALCOLM LEWIS DIRECTOR 0.50 0.50 X 0 0 0 ELIZABETH VOLTZ DIRECTOR 0.50 0.50 X 0 0 0 TYLER CRAFT DIRECTOR 0.50 0.50 X 0 0 0 TIM PARTRIDGE DIRECTOR 0.50 0.50 X 0 0 0 ASHTON SMITH DIRECTOR 0.50 0.50 X 0 0 0 JULIE PAUL DIRECTOR 0.50 0.50 X 0 0 0 MIA BAILEY VICE CHAIR 0.50 0.50 X 0 0 0 CHICO SCOTT DIRECTOR 0.50 0.50 X 0 0 0 BETSY ROZAKIS DIRECTOR 0.50 0.50 X 0 0 0 MEGHAN MELO DIRECTOR 0.50 0.50 X 0 0 0 DANNY KADIS DIRECTOR 0.50 0.50 X 0 0 0 NATALIE BRITT VICE PRESIDENT 40.00 0.50 X 156945 0 27076 SHARON LORDEN VICE PRESIDENT 40.00 0.50 X 169671 0 30703 YOLANDA WINSTEAD PRESIDENT 41.00 0.50 X 215000 0 20808 SHEILA PORTER ASSISTANT SECRETARY 40.00 0.50 X 114539 0 24600 WILLIAM WARD TREASURER 40.00 0.50 X 111153 0 12289 JENNIFER FOELL SECRETARY 40.00 0.50 X 73102 0 15177 RODNEY BROWN VP OF ASSET MGMT 40.00 0.50 X 124464 0 23750 MICHAEL RODGERS DIRECTOR OR RE DEVELOP. 40.00 0.50 X 119327 0 19525 1084201 0 173928 7 0 1 0 RANKIN MCKENZIE LLC PO BOX 90113 RALEIGH NC 27675 ACCOUNTING AND HR SERVICES 147337 1 996856 461917 1458773 PROJECT DEV FEE 531110 1889053 1889053 PTNERSHIP MGT. FEE 531110 1494012 1494012 3383065 355760 352730 3030 OTHER INCOME 531110 812098 812098 812098 6009696 4547893 0 3030 840410 271484 568926 1258816 999367 259449 185882 114745 71137 287705 175200 112505 150875 93172 57703 48825 48825 342554 294943 47611 39747 20494 19253 29593 25113 4480 32780 25967 6813 4270 2385 1885 6767 6767 231 231 FORGIVENESS OF DEBT 392167 392167 MISCELLANEOUS EXPENSE 220224 216405 3819 REPAIRS AND MAINTENANCE 91793 68713 23080 EQUIPMENT COSTS 61966 40303 21663 122471 83646 38825 4117076 2831102 1285974 0 5854196 7018559 144166 330564 11175801 11038890 13333 43301 364687 364687 232 0 12876320 13534156 30064048 31965470 509778 640228 6971 7151 1647606 1525778 2164355 2173157 X 25683725 27463026 2215968 2329287 27899693 29792313 30064048 31965470 1892620 0 X X 0 1 X 1 0 X 3409862 2032573 1498717 1419357 1458773 9819282 2909528 1319560 5199649 3227105 3383065 16038907 6319390 3352133 6698366 4646462 4841838 25858189 0 0 0 25858189 275254 297755 318631 355207 352730 1599577 275254 297755 318631 355207 352730 1599577 876338 936469 444903 519792 812098 3589600 7470982 4586357 7461900 5521461 6006666 31047366 0.83290 0.83260 0.05150 0.05450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 331465 331465 0 33222 33222 0 0 CONSTRUCTION IN PROGRESS 759389 DUE FROM AFFILIATES 3741348 INVESTMENT IN PARTNERSHIP 651346 DEVELOPMENT FEES RECEIVABLE 3700266 MANAGEMENT FEES RECEIVABLE 624755 ACCRUED INTEREST RECEIVABLE 4057052 13534156 X PART X, LINE 2: DHIC HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2021. FISCAL YEARS ENDING ON OR AFTER DECEMBER 31, 2018 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. X X 0 0 0 0 0 0 0 0 0 YOLANDA WINSTEAD PRESIDENT 215000 0 0 0 0 0 6450 0 14358 0 235808 0 0 0 SHARON LORDEN VICE PRESIDENT 158171 0 11500 0 0 0 18089 0 12614 0 200374 0 0 0 NATALIE BRITT VICE PRESIDENT 145445 0 11500 0 0 0 16689 0 10387 0 184021 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED VIA EMAIL TO THE BOARD OF DIRECTORS, PRIOR TO FILING, FOR THEIR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS ANNUALLY REVIEWED AT BOARD MEETINGS, AND MUST BE SIGNED BY BOARD MEMBERS AND OFFICERS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PERIODICALLY PERFORMS SALARY COMPARABILITY STUDIES FOR MANAGEMENT, AS WELL AS STAFF LEVEL POSITIONS, WHICH ARE PRESENTED TO THE BOARD OF DIRECTORS. IN ADDITION, THE PRESIDENT'S SALARY IS SET AND APPROVED BY THE BOARD. OTHER MANAGEMENT AND STAFF SALARIES ARE PRESENTED AS A SALARY POOL FOR APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE LAST YEAR. FORM 990 FORM 990 IS BEING AMENDED TO INCLUDE A SECTION 168(H)(6)(F)(II) ELECTION FOR TAX EXEMPT CONTROLLED C-CORPORATIONS OF DHIC. COMMUNITY REVITALIZATION AND PRESERVATION CORPORATION PO BOX 2185 RALEIGH NC 27602 581707107 HOUSING LOANS TO LOW TO MODERATE INCOME INDIVIDUALS NC 501(C)3 LINE 9 DHIC INC 0 WASHINGTON TERRACE REDEVELOPMENT INC PO BOX 2185 RALEIGH NC 27602 581747465 HOUSING FOR LOW INCOME PERSONS NC 501(C)3 LINE 9 DHIC INC 0 MACGREGOR HOUSING DEVELOPMENT CORPORATION PO BOX 2185 RALEIGH NC 27602 562237995 TO DEVELOP, CONSTRUCT, OWN, AND OPERATE A LOW INCOME HOUSING COMPLEX NC 501(C)3 LINE 9 DHIC INC 0 CHADWICK APARTMENTS INC PO BOX 2185 RALEIGH NC 27602 561786295 TO PROVIDE LOW INCOME HOUSING NC 501(C)3 LINE 9 DHIC INC 0 HIGHLAND MANOR APARTMENTS INC PO BOX 2185 RALEIGH NC 27602 300144947 TO OWN AND OPERATE A 32-UNIT APARTMENT PROJECT FOR SENIOR ADULTS WITH LOW NC 501(C)3 LINE 9 DHIC INC 0 ROANOKE HOUSING DEVELOPMENT CORP PO BOX 2185 RALEIGH NC 27602 581738127 HOUSING FOR ELDERLY AND HANDICAPPED NC 501(C)3 LINE 9 DHIC INC 0 WFEH INC PO BOX 2185 RALEIGH NC 27602 561930136 HOUSING FOR LOW INCOME PERSONS 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