2024-08-29T14:14:49-04:00 2024-06-30 621868414 FLEET FIRM 759 TEALWOOD LN CORDOVA TN 380186334 990 2023-07-01 311719189 DEWITT VILLAGE INC DEWI 5012800037 212 S MAIN STREET MALVERN AR 72104 CARL SCHULTZ PRESIDENT 5012800037 2024-08-16 true false NELSON K FLEET CPA P00121794 9013364602 2024-08-29 2023 2024-08-08 14:25:15Z CARL SCHULTZ 212 S MAIN STREET MALVERN AR 72104 147904 false X X 2001 AR PROVIDE LOW-INCOME HOUSING TO ELDERLY IN DEWITT, ARKANSAS BASED ON THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. 3 3 0 0 0 140890 147712 133 192 0 141023 147904 0 0 28962 38299 0 0 110648 128655 139610 166954 1413 -19050 559410 564715 13755 38110 545655 526605 PROVIDE LOW-INCOME HOUSING TO ELDERLY IN DEWITT, ARKANSAS BASED ON THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. false false 136291 147712 PROVIDE LOW-INCOME HOUSING TO ELDERLY IN STUTTGART, ARKANSAS BASED ON THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. 136291 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 6 0 true 0 false false false false false false false false X 3 3 true true false false false true false true true false false true true true true false false false false false X INTREPID MANAGEMENT INC 5012800037 212 S MAIN STREET MALVERN AR 72104 X JEFFREY OWENS TREASURER X 0 0 0 CARL SCHULTZ PRESIDENT X X 0 0 0 CYNTHIA WHEELER SECRETARY X 0 0 0 false false false NET RENTAL REVENUE 531110 146784 146784 TENANT CHARGES 734 734 LAUNDRY & VENDING REVENUE 194 194 147712 192 192 147904 147712 192 35423 35423 2876 2876 20724 20724 8788 8788 385 385 4445 4445 4606 4606 1151 1151 22245 22245 9542 9542 CONTRACTS-REHAB 19017 19017 APPLIANCES-STOVES/REFR 11634 11634 CONTRACTS-GROUNDS 8696 8696 MATERIALS-REPAIRS 6062 6062 11360 11360 166954 136291 30663 0 15797 26780 31 1238 874749 474494 422500 400255 121082 136442 559410 564715 9016 32687 430 790 4309 4633 13755 38110 X -278945 -297995 824600 824600 545655 526605 559410 564715 -19050 X false true X true true true X 106937 113451 129920 140890 147712 638910 106937 113451 129920 140890 147712 638910 638910 80 81 42 133 192 528 80 81 42 133 192 528 107017 113532 129962 141023 147904 639438 0.99920 0.99930 0.00000 0.00000 X PART III, LINE 12 MISCELLANEOUS INCOME 0 25000 25000 849749 474494 375255 400255 RESERVE FOR REPLACEMENT 117422 ESCROW ACCOUNTS 11513 SECURITY DEPOSIT CASH 5254 RESIDUAL RECEIPTS 2253 136442 TENANT SECURITY DEPOSIT(CONTRA) 4633 4633 147904 147904 147904 166954 166954 166954 ARKANSAS CONS PAYROLL PROCESSING OWNER 45630 PAYROLL PROCESSING false INTREPID INVESTMENTS INC OWNER 58 BACKGROUND CHECKS false UNITED PROPERTIES MANAGEMENT INC OWNER 892 ADMIN SERVICES false CERTIFIED HEAT AIR BROTHER OF PRES 4171 HEATING/AIR REPAIRS false INTREPID MANAGEMENT INC OWNER 20724 MANAGEMENT AGENT true INTREPID MANAGEMENT INC OWNER 1475 ADMIN SERVICES false SCHEDULE L, PART V C. CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND IS SOLE OWNER OF ARKANSAS CONSOLIDATED PAYROLL PROCESSING. SERVICES PROVIDED INCLUDE PAYROLL PROCESSING AND LEASING OF EMPLOYEES. C. CARL SCHULTZ AND CYNTHIA WHEELER ARE SIBLINGS AND OFFICERS OF THE ENTITY. THEY ARE OWNERS OF INTREPID INVESTMENTS, INC. AND INTREPID MANAGEMENT, INC. C. CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND IS AN OWNER OF UNITED PROPERTIES MANAGEMENT, INC. C.CARL SCHULTZ IS PRESIDENT OF THE ENTITY AND HIS BROTHER IS THE OWNER OF CERTIFIED HEAT & AIR. FORM 990, PAGE 6, PART VI, LINE 2 CARL SCHULTZ CYNTHIA WHEELER PRESIDENT SECRETARY SIBLINGS CARL SCHULTZ JEFFREY OWENS PRESIDENT TREASURER EMPLOYER/EMPLOYEE FORM 990, PAGE 6, PART VI, LINE 3 ALL DAY-TO-DAY OPERATIONS HAVE BEEN OUSOURCED TO A MANAGEMENT COMPANY, INTREPID MANAGEMENT, INC., WHO HAS BEEN APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 7A THE NUMBER OF DIRECTORS OF THE CORPORATION SHALL BE THREE (3), WHO SHALL ELECT THEIR SUCCESSORS, IN THE EVENT OF A VACANCY, AND WHO SHALL ELECT THE OFFICERS OF THE CORPORATION. ALL DIRECTORS AND OFFICERS SHALL SERVE ONE YEAR TERMS, BUT SHALL SERVE UNTIL THEIR SUCCESSORS ARE ELECTED. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 TAX RETURN IS PREPARED BY A CPA FIRM AND PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL RELATED PARTIES ARE DISCLOSED IN THE ANNUAL FINANCIAL REPORT THAT IS SUBMITTED TO THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST SUBMITTED TO THE BOARD OF DIRECTORS.