2024-04-05T10:12:50-05:00 2023-06-30 202000257 Fiore Fedeli Snyder Carothers LLP 2013 Sandy Dr Ste 200 State College PA 16803 990 2022-07-01 251349897 WILLAMSBURG AREA IMPROVED DWELLINGS INC WILL 8148323212 403 W THIRD ST WILLIAMSBURG PA 16693 MICHELLE ROSS MANAGER 8148323212 2024-03-25 1 MICHELLE ROSS 999009999 1 JOSEPH P FEDELI CPA P00538622 8142378999 2024-03-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELLE ROSS 403 W THIRD ST WILLIAMSBURG PA 16693 377749 0 X N/A X 1997 PA PROVIDE HOUSING TO LOW INCOME ELDERLY INDIVIDUALS. 8 8 2 0 0 0 0 0 351810 371340 614 4442 44339 1967 396763 377749 6000 6000 0 0 83828 98572 0 0 0 292135 301185 381963 405757 14800 -28008 1192532 1135131 1407844 1378451 -215312 -243320 X TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND, FOR THAT PURPOSE, TO ACQUIRE, CONSTRUCT, PROVIDE, AND OPERATE RENTAL HOUSING AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME, OR OTHER RURAL RESIDENTS OF LOW INCOME, WITHOUT REGARD TO RACE, COLOR, CREED, OR NATIONAL ORIGIN; TO ACQUIRE, IMPROVE, AND OPERATE ANY REAL OR PERSONAL PROPERTY OR INTEREST OR RIGHTS THERIN OR APPURTENANT THERETO; TO SELL, CONVEY ASSIGN, MORTGAGE, OR LEASE ANY REAL AND PERSONAL PROPERTY; TO BORROW MONEY AND TO EXECUTE SUCH EVIDENCE OF INDEBTEDNESS AND SUCH CONTRACTS, AGREEMENTS, AND INSTRUMENTS AS MAY BE NECESSARY, AND TO EXECUTE AND DELIVER ANY MORTGAGE, DEED OF TRUST, ASSIGNMENT OF INCOME, OR OTHER SECURITY INSTRUMENT IN CONNECTION THEREWITH; AND TO DO ALL THINGS NECESSARY AND APPROPRIATE FOR CARRYING OUT AND EXERCISING THE FOREGOING PURPOSES AND POWERS. 0 0 341516 6000 373307 PROGRAM SERVICES FOR HOUSING OF THE ELDERLY IN LOW INCOME HOUSING UNITS. 100% OF THE GRANTS ARE USED TO OFFSET EXPENSES, HELP PAY THE MORTGAGE AND MAINTAIN RESERVE BALANCE. 29 UNITS ARE OFFERED. 341516 1 0 0 0 0 0 0 0 0 0 1 0 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 1 2 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X Michelle Ross 8148323212 403 West Third Street Williamsburg PA 16693 David Cadle Director 1.00 X 0 0 0 Penny Weyant Director 1.00 X 0 0 0 Shirley Kurtz-Flaugh Secretary 1.00 X X 0 0 0 Mary Over Director 1.00 X 0 0 0 Daryl Cole President 1.00 X X 0 0 0 Rose Lynn Vice President 1.00 X X 0 0 0 Kendra Brubaker Director 1.00 X 0 0 0 Sandra Young Treasurer 1.00 X X 0 0 0 Michelle Ross Manager 40.00 X 46492 0 0 46492 0 0 0 0 0 0 0 USDA Rural Rental Hous 532000 250572 250572 Rent Income (subsidize 532000 120768 120768 371340 4442 4442 Sundry Other Income 532000 1967 1967 1967 377749 373307 0 4442 6000 6000 46492 46492 44910 44910 7170 3513 3657 7000 7000 40 40 7092 7092 94800 94800 63788 63788 17847 17847 Utilities 60411 60411 Building Repairs & Main 50207 50207 405757 341516 64241 0 32396 16300 241423 210215 14307 12902 5810 6296 2901985 2012567 898596 889418 1192532 1135131 14105 17408 1377933 1343854 15806 17189 1407844 1378451 X -215312 -243320 -215312 -243320 1192532 1135131 -28008 0 X 0 1 X 0 1 1 X 235928 240732 246106 230199 250572 1203537 119853 119793 121953 121611 120768 603978 355781 360525 368059 351810 371340 1807515 0 0 0 1807515 2581 2862 1003 614 4442 11502 2581 2862 1003 614 4442 11502 1514 77 238 44339 1967 48135 359876 363464 369300 396763 377749 1867152 0.96810 0.97020 0.00620 0.00450 X 29025 29025 2693139 1868181 824958 179821 144386 35435 889418 SECURITY DEPOSIT 17189 17189 X 377749 0 377749 0 377749 405757 0 405757 0 405757 Part X, Line 2: WAID HAS EXAMINED ITS TAX POSITIONS AND BELIEVES THEY WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. Form 990, Part VI, Section B, line 11b THE MEMBERS OF THE ENTIRE BOARD REVIEWED THE 990 WITH THE MANAGER AT THE MONTHLY BOARD MEETING IN CONSULTATION WITH THE AUDITORS. Form 990, Part VI, Section B, line 12c EACH GOVERNING BOARD MEMBER MUST PUBLICLY DISCLOSE TO THE FULL GOVERNING BOARD ANY INTERSEST WHICH COULD CONFLICT WITH THE INTERESTS OF THE ORGANIZATION. THIS DISCLOSURE WILL TAKE PLACE AT THE BEGINNING OF THE MEMBER'S TERM, AND WILL BE RECORDED IN THE WRITTEN MINUTES OF THE GOVERNING BOARD MEETING AT WHICH THE DISCLOSURE TOOK PLACE. Form 990, Part VI, Section B, line 15 THE BOARD OF DIRECTORS ESTABLISHES AND APPROVES THE MANAGER'S COMPENSATION. THERE ARE 2 PAID EMPLOYEES WHOSE COMPENSATION IS APPROVED. Form 990, Part VI, Section C, line 19 WILLIAMSBURG AREA IMPROVED DWELLINGS KEEPS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINACIAL STATEMENTS AVAILABLE AT THE OFFICE OF THE MANAGER; THEY ARE AVAILABLE UPON REQUEST.