2024-12-09T09:59:43-06:00 2024-06-30 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2023-07-01 351974061 FRIENDSHIP HOUSE NORTH TWO INC FRIE 7654639586 1008 CUMBERLAND AVENUE WEST LAFAYETTE IN 47906 RICH ADAIR TREASURER 7654639586 2024-12-04 1 1 SHAWN D DREIMAN CPA P00380913 3178413393 2024-11-06 2023 2024-10-15 13:58:12Z RICH ADAIR 1008 CUMBERLAND AVENUE WEST LAFAYETTE IN 47906 401180 0 X WWW.FHCINDIANA.COM X 1998 IN AFFORDABLE HOUSING - SEE PART III LINE 1 FOR MISSION STATEMENT 12 12 8 0 0 0 123850 75282 234752 309840 5 4 6099 16054 364706 401180 0 0 0 0 157928 265980 0 0 0 346434 338949 504362 604929 -139656 -203749 1505253 1407731 3067716 3173943 -1562463 -1766212 X TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATIONS THEREOF ON A NON-PROFIT BASIS. 0 0 434316 309840 TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DIASBLED INDIVIDUALS SUBSIDIZED BY A CONTRACT WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 434316 1 1 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 1 0 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 0 0 X 12 12 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X FRIENDSHIP HOUSE NORTH TWO INC 7654639586 1008 CUMBERLAND AVENUE WEST LAFAYETTE IN 47906 X RICH ADAIR TREASURER 4.00 X X 0 0 0 BEVERLY WALLACE BOARD MEMBER 1.00 X 0 0 0 ROBERT GROSS VICE PRESIDENT 4.00 X X 0 0 0 JASON RAMSLAND BOARD MEMBER 1.00 X 0 0 0 STEWART W KLINE PRESIDENT 4.00 X X 0 0 0 KIMBERLY THOMAS BOARD MEMBER 1.00 X 0 0 0 BRIAN TITLOW BOARD MEMBER 1.00 X 0 0 0 BOB WOLLENBURG BOARD MEMBER 1.00 X 0 0 0 CARSON HAYES BOARD MEMBER 1.00 X 0 0 0 ERIKA STEUTERMAN BOARD MEMBER 1.00 X 0 0 0 JIM RAWLINGS BOARD MEMBER 1.00 X 0 0 0 MATT RIEBSOMER BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 75282 75282 TENANT RENT & CHARGES 531110 309840 309840 309840 4 4 MISC REVENUE 900099 9502 9502 LAUNDRY & VENDING 812300 6552 6552 16054 401180 309840 0 16058 216325 120100 96225 36396 36396 13259 13259 16800 16800 10248 10248 31491 11758 19733 153217 125947 27270 337 337 99815 99815 27041 27041 604929 434316 170613 0 16465 0 2079 1570 3776754 2500665 1349788 1276089 136921 130072 1505253 1407731 81073 182442 57 280 2961795 2961795 24791 29426 3067716 3173943 X -1562463 -1766212 -1562463 -1766212 1505253 1407731 -203749 0 X 0 1 X 1 1 1 X 108732 112817 120990 123850 75282 541671 226437 231157 226339 234752 309840 1228525 335169 343974 347329 358602 385122 1770196 0 0 0 1770196 1353 535 398 5 4 2295 1353 535 398 5 4 2295 4157 4047 5605 6099 16054 35962 340679 348556 353332 364706 401180 1808453 0.97880 0.98420 0.00130 0.00210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127408 127408 3224386 2114790 1109596 424960 385875 39085 1276089 TENANT DEPOSITS HELD IN TRUST 26654 REPLACEMENT RESERVE 103418 130072 TENANT DEPOSITS HELD IN TRUST 26348 BANK OVERDRAFT 3078 29426 X 401180 0 401180 0 401180 604929 0 604929 0 604929 PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS RECOGNIZED IN THE FINANCIAL STATEMENTS. IT IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE CODE. IN THE EVENT THE CORPORATION WAS TO LOSE ITS TAX-EXEMPT STATUS, INCOME TAX EXPENSE FOR THE TAX REPORTING ENTITY WOULD INCLUDE FEDERAL AND STATE TAXES CURRENTLY PAYABLE AND DEFERRED TAXES ARISING FROM TEMPORARY DIFFERENCES BETWEEN INCOME FOR FINANCIAL REPORTING AND INCOME TAX PURPOSES. NO SUCH DIFFERENCES EXISTED AS OF JUNE 30, 2024 AND 2023. THE CORPORATION ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ENTITY RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. FEDERAL AND STATE TAX AUTHORITIES (IF APPLICABLE) GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. FORM 990, PART VI, SECTION A, LINE 2 A BOARD MEMBER ALSO OWNS THE COMPANY WHICH MANAGES THE ENTITY. FORM 990, PART VI, SECTION A, LINE 3 FRIENDSHIP HOUSE NORTH TWO, INC HAS A MANAGEMENT AGENT CONTRACT WITH LENZY HAYES, INC FOR DAILY OPERATIONS ON A MONTHLY BASIS, LENZY HAYES, INC REPORTS TO THE BOARD OF DIRECTORS ON FINANCIAL OPERATIONS AND COMPILANCE WITH LAWS AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER SHALL REVIEW THE IRS FORM 990 AND SHALL DISTRIBUTE A COPY TO THE COMMITTEE MEMBERS BY ELECTRONIC COMMUNICATIONS FOR REVIEW AND COMMENT WITHIN TEN (10) DAYS. THE TREASURER SHALL PROVIDE A SUMMARY OF ANY COMMENTS FROM THE COMMITTEE TO THE ACCOUNTANT WITHIN SUCH TEN (10)DAY PERIOD. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS REVIEWS AND UPDATES THE CONFLICT OF INTEREST POLICY WITH ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 AS A PART OF THE ANNUAL BUDGET PROCEDURES, THE BOARD OF DIRECTORS EVALUATES THE TOP MANAGEMENT PERFORMANCE AND REVIEWS THE COMPENSATION OF OTHER EXECUTIVE DIRECTOR OR TOP MANAGERS IN TIPPECANOE COUNTY TO DETERMINE AN APPROPRIATE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 FRIENDSHIP HOUSE NORTH TWO, INC MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, TAX RETURN AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC AFTER RECEIPT OF REQUEST IN WRITING TO 1008 CUMBERLAND AVENUE, WEST LAFAYETTE, IN 47906. FRIENDSHIP HOUSE INC 1010 CUMBERLAND AVE WEST LAFAYETTE IN 46906 310937753 AFFORDABLE HOUSING IN 501(C)(3) LINE 7 N/A 0 FRIENDSHIP HOUSE NORTH INC 1010 CUMBERLAND AVE WEST LAFAYETTE IN 46906 351879638 FUNDRAISING FOR HUD RENTAL PROJECTS IN 501(C)(3) LINE 7 N/A 0 FRIENDSHIP HOUSE COMMUNITIES 1010 CUMBERLAND AVE WEST LAFAYETTE IN 47906 834635830 AFFORDABLE HOUSING IN 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0