2024-08-12T09:43:08-07:00 2023-09-30 990 2022-10-01 251818381 A PARTNERSHIP IN HOUSING INC APAR 8148875563 415 W Main Street Smethport PA 16749 Alcherrie Williams Executive Director 8148875563 2024-08-12 1 2022 2024-08-08 14:25:15Z Alcherrie Williams 415 W Main St Smethport PA 16749 1472776 0 X www.mckeancountyhousing.com/ X 1998 PA To provide affordable, safe and decent housing to low and moderate income residents of McKean County, PA. 4 3 0 0 0 0 540 430 956531 999710 10766 43519 352386 429117 1320223 1472776 0 0 0 0 561413 552142 0 0 0 782900 899433 1344313 1451575 -24090 21201 7751852 7819615 880155 935900 6871697 6883715 A Partnership in Housing has a mission to provide affordable, safe and decent housing to low and moderate income residents of McKean County, PA 0 0 1250780 0 1472346 A Partnership in Housing's program service area is housing rentals. During the year ended September 30, 2023, the company provided 1,172 units of rental to low and moderate income residents of McKean County, PA. 0 0 0 1250780 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 1 1 0 0 1 18 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 1 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X Alcherrie Williams 8148875563 415 W Main Street Smethport PA 16749 Alcherrie Williams Executive Director 15 25 X 0 105593 0 Linda Gault Chairman 1 0 X 0 0 0 Jon Peterson Vice Chairman 1 0 X 0 0 0 Denise Bean Secretary/Treasurer 1 0 X 0 0 0 0 105593 0 0 0 0 0 0 0 0 0 0 0 430 0 430 Tenant Rent 531110 519061 519061 0 0 Rental Subsidy 531110 480649 480649 0 0 0 0 0 0 999710 43519 43519 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Management Fees 531110 74293 74293 0 0 354824 354824 0 0 429117 1472776 1472346 0 0 0 0 0 0 393376 371294 22082 0 0 0 0 0 158766 145498 13268 0 48875 48875 0 0 18961 18898 63 0 9300 0 9300 0 38 0 38 0 2059 2059 0 0 1893 1893 0 0 31637 31637 0 0 219931 123093 96838 0 57997 47486 10511 0 Utilities 166616 149351 17265 0 Maintenance & Contracts 207293 185234 22059 0 General Expenses 134833 125462 9371 0 1451575 1250780 200795 0 10209 9700 1912497 1311324 94259 207267 12022 13719 26624 26831 9998707 5154276 4975981 4844431 720260 1406343 7751852 7819615 81583 223249 9878 11327 774914 688800 13780 12524 880155 935900 X 6871697 6883715 0 0 6871697 6883715 7751852 7819615 21201 -9183 0 0 0 0 X 1 X 1 X 0 0 X 464934 467060 491118 456855 481079 2361046 883862 896366 856060 852602 948178 4437068 1348796 1363426 1347178 1309457 1429257 6798114 6798114 35850 23830 12131 10766 43519 126096 35850 23830 12131 10766 43519 126096 1384646 1387256 1359309 1320223 1472776 6924210 0.98179 0.99185 0.01821 0.08155 X Schedule A, Part II, Line 10 Other income is primarily composed of reimbursement received for case management services, management fees and income from laundry and vending machines at various rental locations. Schedule A, Part III, Line 16 Percentages were updated from amounts reported in Form 990 2021 due correction needed for the Reason for Public Charity status from #7 to #10 Schedule A, Part III, Line 18 Percentages were updated from amounts reported in Form 990 2021 due correction needed for the Reason for Public Charity status from #7 to #10 282838 0 282838 9396190 0 4834847 4561343 0 0 0 0 319429 0 319429 0 250 0 0 250 4844431 0 Security Deposits 12524 12524 X 1423901 0 0 0 0 0 1423901 0 48875 48875 1472776 1411883 0 0 0 9183 9183 1402700 0 48875 48875 1451575 Schedule D, Part X, Line 2 Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Generally accepted accounting principles prescribe a minimum recognition threshold and positions taken include the entity's status as a not-for-profit corporation and the approval and qualifications for this status. The Association files an annual Form 990 with the Internal Revenue Service and its tax returns for the year 2018 and subsequent years remain subject to examination by tax authorities. Schedule D, Part XI, Line 4b Management fees from affiliate, eliminated in consolidation for audited financial statements Schedule D, Part XII, Line 2d Unrealized losses on investments included in expenses on audited financial statements Schedule D, Part XII, Line 4b Management fees from affiliate, eliminated in consolidation for audited financial statements Form 990, Part VI, Section A, Line 3 The company participated in hiring Paycor Inc to perform payroll processing services effective January 2023 Form 990, Part VI, Section B, Line 11b A Partnership in Housing Inc's (APIH) Form 990 is prepared by the Accounting Department of McKean County Redevelopment Authority and provided to the Executive Director and APIH Board of Directors for their review before submission. Form 990, Part VI, Section C, Line 19 A Partnership in Housing Inc makes its form 990, governing documents, conflict of interest policy and financial statements available for inspection upon request at the administrative office building: 415 W Main St, Smethport PA McKean County Redevelopment & Housing Authority 415 W Main Street Smethport PA 16749 251238337 Low income housing PA N/A 0 SCBC Preservation LLC 415 W Main St Smethport PA 16749 874079829 Renovation and rental of former public housing units PA SCBC Preservation MM LLC Related 0 0 0 0 SCBC Preservation MM LLC 415 W Main St Smethport PA 16749 883305111 Management services PA A Partnership in Housing Inc S 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 SCBC Preservation MM LLC b 87856 Amount of capital contribution reported on audited financial statements and Schedule K-1 for SCBC Preservation MM LLC c/o A Partnership in Housing Inc