2024-10-07T14:14:41-04:00 2024-06-30 621868414 FLEET FIRM 759 TEALWOOD LN CORDOVA TN 380186334 990 2023-07-01 710431564 WEST APARTMENTS INC WEST 5012800037 212 S MAIN ST MALVERN AR 72104 GEORGE WEST II CHAIRMAN OF BOARD 5012800037 2024-03-28 true false NELSON K FLEET CPA P00121794 9013364602 2024-10-07 2023 2024-10-15 13:58:12Z GEORGE WEST II 7302 RAMBLEWOOD DR GARLAND TX 75044 1005696 false X N/A X 1981 AR PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN FT. SMITH, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. 7 7 0 0 0 968088 1005017 480 679 26799 0 995367 1005696 0 0 217367 209418 0 0 867590 789240 1084957 998658 -89590 7038 1875217 1981660 1372980 1447655 502237 534005 PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN FT. SMITH, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. false false 865281 1005017 PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN FT. SMITH, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. 865281 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 false false false false false false false false false false true 11 0 true 0 false false false false false false false false X 7 7 true true false false false true false true true false false true true true true false false false false false X UNITED PROPERTIES MANAGEMENT INC 5012800037 212 S MAIN STREET MALVERN AR 72104 X VENUS BRITTON MEMBER X 0 0 0 GEORGE WEST II CHAIRMAN OF X X 0 0 0 CALVIN THOMAS MEMBER X 0 0 0 JANE WEST TREASURER X X 0 0 0 JEANETTE WEST MEMBER X 0 0 0 KENNETH WEST VICE-CHAIRMA X X 0 0 0 LAVERNE WEST MEMBER X 0 0 0 false false false NET RENTAL REVENUE 531110 982655 982655 TENANT CHARGES 18267 18267 LAUNDRY AND VENDING REVENUE 4095 4095 1005017 679 679 1005696 1005017 679 X 194928 194928 14490 14490 71264 71264 5286 5286 21868 21868 230 230 23198 23198 115044 115044 3813 3813 37750 37750 61933 61933 83049 83049 SUPPLIES-REPAIR MATERIALS 52608 52608 REAL ESTATE TAXES 44337 44337 CONTRACTS-GROUNDS 39212 39212 MONITORING SERVICE 29466 29466 200182 163750 36432 998658 865281 133377 0 29070 123843 241373 225926 9398 85138 1003 951 3500435 2290800 1213394 1209635 380979 336167 1875217 1981660 85069 227464 5566 3262 1186425 1153700 95920 63229 1372980 1447655 X 502237 534005 502237 534005 1875217 1981660 7038 24730 X false true X true true true X 857032 983664 918145 994887 1005017 4758745 857032 983664 918145 994887 1005017 4758745 4758745 416 327 96 480 679 1998 416 327 96 480 679 1998 857448 983991 918241 995367 1005696 4760743 0.99960 0.99960 0.00000 0.00000 X PART III, LINE 12 ENTITY REVENUE 0 52234 52234 3164740 2104805 1059935 81928 54905 27023 201533 131090 70443 1209635 RESERVE FOR REPLACEMENT 233306 ESCROW ACCOUNTS 73298 SECURITY DEPOSIT CASH 25935 DEBT ISSUANCE COSTS 3628 336167 INTEREST ON LOANS PAYABLE 38874 TENANT SEC DEPOSITS HELD 24355 63229 1005696 1005696 1005696 998658 998658 998658 FORM 990, PAGE 6, PART VI, LINE 2 GEORGE WEST, II KENNETH WEST CHAIRMAN MEMBER SIBLINGS GEORGE WEST, II JEANETTE WEST CHAIRMAN MEMBER SPOUSE GEORGE WEST, II LAVERNE WEST CHAIRMAN MEMBER UNCLE GEORGE WEST, II JANE WEST CHAIRMAN MEMBER FAMILY MEMBER GEORGE WEST II VENUS BRITTON CHAIRMAN MEMBER FAMILY MEMBER FORM 990, PAGE 6, PART VI, LINE 3 DAY-TO-DAY OPERATIONS ARE DELEGATED TO AN INDEPENDENT 3RD PARTY MANAGEMENT COMPANY,UNITED PROPERTIES 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 FIVE, AT LEAST TWO OF WHOM SHALL BE MEMBERS OF THE QUINN CHAPEL AFRICAN METHODIST EPISCOPAL CHURCH. THE DIRECTORS SHALL BE ELICTED OR RE-ELECTED EACH FOR A 5-YEAR TERM BY THE BOARD OF DIRECTORS. THE ELECTION OF DIRECTORS SHALL BE AS PROVIDED IN THE BY-LAWS OF THE CORPORATION. AT THE EXPIRATION OF THE DIRECTORS, THEY MAY BE RE-ELECTED. ANY VACANCY ON THE BOARD OF DIRECTORS BY REASON OF DEATH, INCAPACITY, OR RESIGNATION SHALL BE FILLED BY THE REMAINDER OF THE DIRECTORS, THE NEW DIRECTOR SO NAMED SERVING FOR THE REMAINDER OF THE TERM OF THE DIRECTOR DYING, RESIGNING OR BECOMING INCAPACITATED. FORM 990, PAGE 6, PART VI, LINE 11B TAX FORM 990 IS PREPARED BY AN EXTERNAL 3RD PARTY CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE MANAGEMENT AGENT AND BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL RELATED PARTY TRANSACTIONS ARE DISCLOSED ANNUALLY IN THE AUDITED FINANCIAL STATEMENTS AND SUBMITTED TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND DISCLOSURES ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE MANAGING AGENT AND APPROVEL BY THE BOARD OF DIRECTORS UNLESS MANDATED LEGALLY BY A REGULATORY 3RD PARTY. FORM 990, PART IX, LINE 24E GARBAGE AND TRASH REMOVAL 27,591 0 0 HEATING/COOLING REPAIRS 19,188 0 0 CONTRACTS-REHAB 18,000 0 0 SUPPLIES-APPLIANCES 15,884 0 0 BAD DEBT EXPENSE 0 15,677 0 INCENTIVE PERFORMANCE FEE 0 15,328 0 INTEREST ON OTHER MORTGAG 13,819 0 0 CONTRACTS-PLUMBING 12,648 0 0 AUTO GAS 12,272 0 0 SUPPLIES-FLOORING 8,874 0 0 CONTRACTS-EXTERMINATING 8,431 0 0 CONTRACTS-REPAIRS 7,948 0 0 SUPPLIES-PAINT 7,631 0 0 BANK CHARGES/NSF 0 5,390 0 OTHER RENTING EXPENSE 3,734 0 0 CONTRACTS-JANITORIAL 2,400 0 0 CONTRACTS-CARPET CLEANING 2,159 0 0 IT SERVICES 1,500 0 0 CONTRACTS - PAYROLL/HUMAN 785 0 0 SUPPLIES-FURNISHINGS 364 0 0 MISC TAXES, LIC, PER AND 300 0 0 CONTRACTS-MISCELLANEOUS 222 0 0 MISC ADMINISTRATVE EXPENS 0 37 0 TOTAL 163,750 36,432 0