2024-11-15T21:08:04-05:00 2024-06-30 621587083 ROWLAND & CARTER CPAS PLLC 7953 STAGE HILLS BLVD STE 110 MEMPHIS TN 381334010 990 2023-07-01 581838807 INDEPENDENT APARTMENTS INC INDE 9017591855 2171 JUDICIAL DRIVE SUITE 200 GERMANTOWN TN 38138 ANDREW FORSDICK CHAIRMAN 9017591855 2024-10-29 true true PATRICK H BLAIR P02038702 9014323000 2024-10-29 X 2023 2024-10-15 13:58:12Z ANDREW FORSDICK 366573 false X N/A X PROVIDE SUBSIDIZED HOUSING FOR THE MOBILITY IMPAIRED. 4 4 3 0 46595 55962 287054 307271 1909 3340 0 335558 366573 0 0 19885 14132 0 0 302821 348046 322706 362178 12852 4395 583738 633753 964634 1010254 -380896 -376501 PROVIDE SUBSIDIZED HOUSING FOR THE MOBILITY IMPAIRED. false false 322084 307270 THE PURPOSE OF INDEPENDENT APARTMENTS IS TO OWN & OPERATE A 24 UNIT HOUSING PROJECT FOR THE MOBILITY IMPAIRED. THE PROJECT IS SUBJECT TO A HOUSING & URBAN DEVELOPMENT (HUD) REGULATORY AGREEMENT. 322084 true true 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 0 0 3 true false false false false false false false false X 4 4 false true false false false false false true true false false false false false true false false false X TESCO PROPERTIES INC 9017591855 2171 JUDICIAL DRIVE SUITE 200 GERMANTOWN TN 38138 X ANDREW FORSDICK CHAIRMAN X X 0 0 0 RICHARD POWELL SECRETARY/TR X X 0 0 0 DAN DIERKES MEMBER X 0 0 0 JOHN HOMA MEMBER X 0 0 0 false false false 55962 55962 TENANT ASSISTANCE PAYMENTS 212004 212004 TENANT RENTS 91631 91631 LAUNDRY, VENDING, MISC. 3636 3636 307271 3340 3340 366573 307271 3340 10479 10479 2426 2426 1227 1227 14901 5960 8941 722 722 15270 15270 543 543 14618 14618 272642 272642 1029 1029 27248 27248 1073 1073 362178 322084 40094 0 6275 49811 906 25438 27587 32067 1195224 959174 218049 236050 330921 290387 583738 633753 14662 76369 365 776 944792 927534 4815 5575 964634 1010254 X -380896 -376501 -380896 -376501 583738 633753 4395 X false true X true true true X 192881 192354 207366 204747 55962 853310 192881 192354 207366 204747 55962 853310 853310 123 209 617 1909 3340 6198 859508 1452957 0.99280 0.99690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46718 46718 1118258 928926 189332 30248 30248 236050 REPLACEMENT RESERVE 281909 TENANT SECURITY DEPOSITS 6222 ESCROW DEPOSITS 2150 OTHER RESERVES 86 RESIDUAL RECEIPTS 20 290387 TENANT/PATIENT SEC DEPOSITS 5575 5575 366573 366573 366573 362178 362178 362178 FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION DELEGATED DAY TO DAY PROPERTY MANAGEMENT RESPONSIBILITIES TO THE MANAGEMENT COMPANY, TESCO PROPERTIES, INC. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE GOVERNING BODY PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION HAS THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.