2024-11-05T12:40:23-05:00 2023-12-31 522127371 HAINES ISENBARGER & SKIBA LLC 6418 LIMA ROAD FORT WAYNE IN 46818 990 2023-01-01 352048630 AREA IV DEVELOPMENT INC AREA 7654477683 660 NORTH 36TH STREET LAFAYETTE IN 47903 ELVA JAMES PRESIDENT 7654477683 2024-11-15 true true CASSIE J DUNN P02181011 2604369500 2024-11-04 2023 2024-10-15 13:58:12Z ELVA JAMES 660 NORTH 36TH STREET LAFAYETTE IN 47903 1230068 false X N/A X 1998 IN THE MISSION OF AREA IV DEVELOPMENT, INC. IS TO PROVIDE COMMUNITY ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING PROJECTS THAT WILL DIRECTLY BENEFIT LOW AND MODERATE INCOME PERSONS, OLDER ADULTS PHYSICALLY AND MENTALLY DISABLED PERSONS, HOMELESS PERSONS AND SPECIAL NEEDS POPULATIONS IN MID-NORTHWESTERN INDIANA. 11 11 0 21 0 0 1136411 1183677 7048 46391 0 1143459 1230068 0 0 0 0 0 2105219 2134471 2105219 2134471 -961760 -904403 22305697 21329911 5908406 5854581 16397291 15475330 X THE MISSION OF AREA IV DEVELOPMENT, INC. IS TO PROVIDE COMMUNITY ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING PROJECTS THAT WILL DIRECTLY BENEFIT LOW AND MODERATE INCOME PERSONS, OLDER ADULTS PHYSICALLY AND MENTALLY DISABLED PERSONS, HOMELESS PERSONS AND SPECIAL NEEDS POPULATIONS IN MID-NORTHWESTERN INDIANA. false false 1545572 1183677 HOUSING - IN 2023, AREA IV DEVELOPMENT, INC. VERIFIED COMPLIANCE ON CURRENT PROJECTS AND IS LOOKING FOR PROPERTY FOR THE NEXT COUPLE OF PROJECTS. 1545572 true false false false false false false false false false true false 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 true true false false false true 0 0 0 false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true true true false false false IN X ELVA JAMES 7654477683 660 NORTH 36TH STREET LAFAYETTE IN 47903 X X ELVA JAMES PRESIDENT 3.00 X X 0 0 0 ERIC ROSS VICE PRESIDE 0.25 X X 0 0 0 DAWN LAYTON SECRETARY 0.25 X X 0 0 0 ANNE PAINTER TREASURER 0.25 X X 0 0 0 SANA BOOKER DIRECTOR 0.25 X 0 0 0 SHERRY FISCHER DIRECTOR 0.25 X 0 0 0 JULIA LEAHY DIRECTOR 0.25 X 0 0 0 RUTH MILLER DIRECTOR 0.25 X 0 0 0 TERESA PEUTERBAUGH DIRECTOR 0.25 X 0 0 0 JOE REDMAN DIRECTOR 0.25 X 0 0 0 JOE ROGERS DIRECTOR 0.25 X 0 0 0 false false false HOUSING REVENUE 532000 1183677 1183677 1183677 46391 46391 1230068 1183677 46391 361718 361718 596165 524682 71483 143319 143319 1020890 1020890 BAD DEBT 12379 12379 2134471 1545572 588899 0 312911 16229 1722252 1937815 13972 277393 241574 89311 239958 233381 25454558 6678776 19775030 18775782 22305697 21329911 169698 180374 1950331 1950331 3510032 3430992 278345 292884 5908406 5854581 X 16397291 15475330 16397291 15475330 22305697 21329911 X -904403 -17558 X false true X true false X 144000 16000 160000 144000 16000 160000 160000 37232 4184 1096 7048 46391 95951 255951 5385035 0.62510 0.74990 X 3019309 3019309 17128640 4768637 12360003 5306609 1910139 3396470 18775782 DEVELOPMENT FEES PAYABLE 252484 SECURITY DEPOSITS 40400 292884 X SCHEDULE D, PAGE 3, PART X HOWEVER, AREA IV DEVELOPMENT IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. AREA IV DEVELOPMENT PROVIDES LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS IT HAS TAKEN OR EXPECTS TO BE AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT SHOULD BE RECOGNIZED, MEASURED OR DISCLOSED IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES AREA IV DEVELOPMENT IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2020. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF AREA IV DEVELOPMENT, INC. IS TO PROVIDE COMMUNITY ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING PROJECTS THAT WILL DIRECTLY BENEFIT LOW AND MODERATE INCOME PERSONS, OLDER ADULTS PHYSICALLY AND MENTALLY DISABLED PERSONS, HOMELESS PERSONS AND SPECIAL NEEDS POPULATIONS IN MID-NORTHWESTERN INDIANA. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND MAKE NOTE OF ANY CONFLICTS ON THAT FORM. WHEN A POTENTIAL CONFLICT OF INTEREST DOES EXIST A MEMBER OF THE BOARD MUST RECUSE HIM OR HERSELF FROM ALL PARTICIPATION IN THE MATTER, I.E. FROM DISCUSSING, QUESTIONING, COMMENTING AND VOTING ON THAT SPECIFIC MATTER. BOARD MEMBERS WHO ARE FOUND TO BE IN VIOLATION OF THIS POLICY SHALL BE UNDER THE AUTHORITY OF THE EXECUTIVE BOARD AND THE BY-LAWS OF THE AGENCY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII THE ORGANIZATION REIMBURSES A NON-RELATED ENTITY FOR THE SERVICES OF ELVA JAMES. THE ORGANIZATION DOES NOT ISSUE ANY FORMS W-2. FOR THE YEAR ENDED DECEMBER 31, 2023, AREA IV DEVELOPMENT INCURRED 39,447 IN EXPENSES FROM AREA IV AGENCY ON AGING AND COMMUNITY ACTION PROGRAMS, INC. FOR SHARED PERSONNEL AND ADMINISTRATIVE SERVICES. 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