2024-04-19T09:09:29-05:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVENUE DOVER OH 44622 990 2023-01-01 010628727 SUNSET WOODS ASSOCIATION SUNS 8479261611 CO C LATER 1150 HALF DAY ROAD HIGHLAND PARK IL 60035 ISIS FERNANDEZ SYKES PRESIDENT 8479261611 2024-04-18 1 ISIS FERNANDEZ SYKES 999009999 0 DIRK WALLACE P01323239 3303655400 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ISIS FERNANDEZ SYKES 1150 HALF DAY ROAD HIGHLAND PARK IL 60035 250280 0 X N/A X 2002 IL PROVIDE RESIDENTIAL RENTAL FACILITIES WITHIN THE CITY OF HIGHLAND PARK, ILLINOIS FOR SENIOR CITIZENS OF LOW AND MODERATE INCOME. 7 7 0 0 0 0 0 106048 132523 142588 43 71 -148 1573 132418 250280 0 0 0 0 0 0 0 0 0 167063 180672 167063 180672 -34645 69608 1279709 1238734 776476 665893 503233 572841 PROVIDE RESIDENTIAL RENTAL FACILITIES WITHIN THE CITY OF HIGHLAND PARK, ILLINOIS FOR SENIOR CITIZENS OF LOW AND MODERATE INCOME. 0 0 76418 250280 PROVIDE RESIDENTIAL RENTAL FACILITIES WITHIN THE CITY OF HIGHLAND PARK, ILLINOIS FOR SENIOR CITIZENS OF LOW AND MODERATE INCOME. 76418 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 IL X HOUSING OPPORTUNITY DEVELOPMENT CORPORATION 8475642900 2001 WAUKEGAN RD POBOX 480 TECHNY IL 60082 X ISIS FERNANDEZ SYKES PRESIDENT 2.00 X X 0 0 0 LUIS MIGUESL GONZALEZ ROSAS VICE PRESIDENT 2.00 X 0 0 0 ASHBEY BEASLEY DIRECTOR 2.00 X 0 0 0 MARCIA BERNSTEIN DIRECTOR 2.00 X X 0 0 0 SHERRI FARRIS DIRECTOR 2.00 X 0 0 0 ELIZABETH SHAPIRO KOPIN DIRECTOR 2.00 X 0 0 0 JEREMY ROSEN DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 106048 106048 APARTMENT RENTALS 531110 142588 142588 142588 71 71 MISCELLANEOUS 531110 1573 1573 1573 250280 144161 0 71 12700 12700 31978 31978 47819 47819 3821 3821 ASSESSMENTS AND DUES 50264 50264 CABLE TELEVISION 11018 11018 REPAIRS AND MAINTENANCE 10798 10798 MANAGEMENT FEE 9312 9312 2962 2962 180672 76418 104254 0 173145 165733 117866 117866 1080 1080 1846986 906083 974266 940903 13352 13152 1279709 1238734 652601 653932 123875 11961 776476 665893 X 503233 572841 503233 572841 1279709 1238734 69608 0 X X 0 1 X 1 0 X 106048 106048 137003 131536 145536 132418 144232 690725 137003 131536 145536 132418 250280 796773 0 0 0 796773 251 78 50 -105 1644 1918 137254 131614 145586 132313 251924 798691 0.99760 0.92110 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INTEREST INCOME - 2019 AMOUNT: $ 126. 2020 AMOUNT: $ 44. 2021 AMOUNT: $ 21. 2022 AMOUNT: $ 43. 2023 AMOUNT: $ 71. MISCELLANEOUS INCOME - 2019 AMOUNT: $ 125. 2020 AMOUNT: $ 34. 2021 AMOUNT: $ 29. 2022 AMOUNT: $ -148. 2023 AMOUNT: $ 1,573. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1822988 899281 923707 23998 6802 17196 940903 TENANT SECURITY DEPOSIT 10838 PREPAID RENT 1123 11961 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM ILLINOIS INCOME AND FRANCHISE TAXES. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, OR TRUSTEES, OR KEY EMPLOYEES TO HOUSING OPPORTUNITY DEVELOPMENT CORPORATION, MANAGEMENT COMPANY FOR THE SUNSET WOODS ASSOCIATION RENTAL PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS RECEIVE A COPY OF THE DRAFT AUDIT AND VOTES FOR ITS APPROVAL. PRIOR TO FINALIZATION OF THE AUDIT, THE PRESIDENT OF THE BOARD OF DIRECTORS REVIEW AND APPROVES THE AUDIT. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR TO CHANGE TO A NEW AUDITING FIRM. WALNUT PLACE HOUSING ASSOCIATION 1707 ST JOHNS AVE HIGHLAND PARK IL 60035 363040122 REAL ESTATE RENTALS IL 501(C)(3) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WALNUT HOUSING ASSOCIATION C 106048 ACTUAL COST