2024-06-19T15:36:13-05:00 2023-12-31 310800053 CLARK SCHAEFER HACKETT & CO 4449 EASTON WAY SUITE 400 COLUMBUS OH 43219 990 2023-01-01 351166805 GREENWOOD APARTMENTS INC GREE 5139616011 5181 NATORP BLVD SUITE 120 MASON OH 45040 TAWANA SHAW COO 5139616011 2024-06-19 1 TAWANA SHAW XXX-XX-XXXX 0 APRIL CAULFIELD P01949369 6148852208 2024-06-19 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z TAWANA SHAW 5181 NATORP BLVD SUITE 120 MASON OH 45040 963602 0 X N/A X 1965 IN MAINTAINING AND OPERATING A ONE HUNDRED UNIT HOUSING PROJECT FOR LOW-INCOME FAMILIES. 10 10 8 10 0 0 0 0 942359 947182 118 3808 41479 12612 983956 963602 0 0 0 0 310380 300886 0 0 0 626892 711371 937272 1012257 46684 -48655 2176602 2035045 1025163 932261 1151439 1102784 MAINTAINING AND OPERATING A ONE HUNDRED UNIT HOUSING PROJECT FOR LOW-INCOME FAMILIES. 0 0 897360 959794 MAINTAINING AND OPERATING A ONE HUNDRED UNIT APARTMENT COMMUNITY (GREENWOOD APARTMENTS), PROVIDING MULTI-FAMILY HOUSING FOR LOW-INCOME PERSONS, LOCATED IN RICHMOND, INDIANA. 897360 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 IN X NELSON & ASSOCIATES INC 5139616011 5181 NATORP SUITE 140 MASON OH 45240 X MONA MAYBERRY PRESIDENT 1.00 X X 0 0 0 PAULINE CARTER VICE-PRESIDENT 1.00 X X 0 0 0 ROBERT MAYBERRY TREASURER 1.00 X X 0 0 0 RODNEY TATE ASSISTANT SECRETARY 1.00 X X 0 0 0 ODESSA SMITH TRUSTEE 1.00 X 0 0 0 RAY PENNINGTON JR TRUSTEE 1.00 X 0 0 0 VIRGINIA DAVIS TRUSTEE 1.00 X 0 0 0 CHARLES AUSTIN TRUSTEE 1.00 X 0 0 0 ANNA MAE DAVIS TRUSTEE 1.00 X 0 0 0 AL SHEARER TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 947182 947182 947182 3808 3808 TENANT CHARGES 531110 7274 7274 LAUNDRY AND VENDING RE 531110 5270 5270 MISCELLANEOUS REVENUE 531110 68 68 12612 963602 959794 0 3808 256130 256130 4815 4815 20567 20567 19374 19374 60280 60280 2196 2196 30079 30079 24538 24538 7717 7717 73570 73570 67007 67007 57547 57547 103125 103125 65424 65424 REPAIRS AND MAINTENANCE 135033 135033 ENTITY EXPENSES 77150 77150 BAD DEBTS 7705 7705 1012257 897360 114897 0 129520 117917 52047 11509 31032 38505 4334262 2918820 1514840 1415442 449163 451672 2176602 2035045 36239 63870 17669 7815 954969 841893 16286 18683 1025163 932261 X 1085854 1037199 65585 65585 1151439 1102784 2176602 2035045 -48655 0 X X 0 1 X 1 1 1 X 892873 914748 896387 942359 947182 4593549 892873 914748 896387 942359 947182 4593549 0 0 0 4593549 4128 3503 300 118 3808 11857 4128 3503 300 118 3808 11857 6401 17039 39987 41479 12612 117518 903402 935290 936674 983956 963602 4722924 0.97260 0.97220 0.00250 0.00240 X 35000 35000 3949034 2676782 1272252 340178 231988 108190 10050 10050 0 1415442 RESERVE FOR REPLACEMENT 384127 TENANT SECURITY DEPOSIT 19690 INSURANCE ESCROW 47689 OPERATING RESERVE 166 451672 TENANT SECURITY DEPOSITS 18683 18683 X 963602 0 963602 0 963602 1012257 0 1012257 0 1012257 PART X, LINE 2: NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE THE CORPORATION WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS SECURED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION FOR INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE CORPORATION DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. FORM 990, PART VI, SECTION A, LINE 2 THERE ARE RELATIONSHIPS BETWEEN ODESSA SMITH AND PAULINE CARTER, MONA AND ROBERT MAYBERRY. FORM 990, PART VI, SECTION A, LINE 3 GREENWOOD APARTMENTS, INC HAS DELEGATED THE PROPERTY MANAGEMENT DUTIES TO NELSON & ASSOCIATES, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS AT THE FIRST BOARD MEETING AFTER THE RETURN IS RECEIVED. THE PRESIDENT OF THE ORGANIZATION IS RESPONSIBLE FOR THE REVIEW OF THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL CONTRACTUAL RELATIONSHIPS ARE REVIEWED FOR CONFLICTS OF INTERESTS. PREVIOUS YEAR'S CONFLICT OF INTEREST LIST IS REVIEWED AND UPDATED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS WOULD APPROVE SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.