2024-11-07T11:09:04-08:00 2023-12-31 263548566 M GROUP LLP 515 W SOUTHLAKE BLVD Ste 150 SOUTHLAKE TX 76092 990EZ 2023-01-01 752435901 Spectrum Housing SPEC 2547787766 1610 S 31st Street 201 Temple TX 76504 David P Cole President 2024-11-07 true MICHAEL C MARTIN P01421482 8178651360 2023 2024-10-15 13:58:12Z X X X N/A X X 364 X 364 0 0 0 0 364 125615 5900 22203 153718 -153354 156653 3299 156653 3299 156653 3299 156653 3299 The primary exempt purpose of the company is to provide decent, safe and affordable housing to low-income and moderate-income individuals and families. During 2004, the Corporation was admitted as the .01% successor general partner of MAEDC Gainesville Senior Village ("Summit"), a low-income multifamily LIHTC tax credit project. Summit was organized to construct and operate a 76 unit senior complex in Gainesville, Texas and is subject to land use agreements restricting tenant incomes. During 2020, the Corporation disposed of the Summit partnership investment.During 2019, the Corporation was admitted as the 2% managing member of BSPV-Plano, LLC, a 318 unit senior multifamily project in Plano, TX. The project, known as Bridgemoor at Plano, must lease 20% of its units to individuals and families whose income does not exceed 50% of the area median family income. The project was placed in service during 2022. 83046 83046 Frederick D Schnurr Executive Dir. 3.00 54250 Berri McBride Trustee 3.00 5000 Sheldon Schreiberg Secretary 3.00 54365 Lori Jordan Trustee 3.00 12000 David P Cole President 0 0 Esther Chavez Vice President 0 0 Patricia Rainwater Treasurer 0 0 false false false false false false false 0 0 0 false 0 0 false Frederick D Schnurr 1804 SW English Garden Drive Palm City FL 34990 9545252858 false false false false false false false false false false false NONE NONE true X 100000 100000 268000 303668 571668 0 0 0 368000 303668 671668 0 0 671668 88 23370 364 23822 0 88 23370 364 23822 0 0 368000 303756 23370 364 695490 0.96570 0.96710 0.03430 0.03290 X Other Expenses.1002 Office Expenses $1500 Other Expenses.1005 Travel $10238 Other Expenses.1 Former partnership Investment $10000 Other Expenses.2 Contributions $450 Other Expenses.3 Bank Fees $15