2024-12-12T12:14:48-06:00 2024-06-30 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2023-07-01 550658470 ELK RIVERVIEW TERRACE APARTMENTS INC ELKR 6144512151 2245 NORTH BANK DRIVE COLUMBUS OH 43220 PENNY GRAHAM PRESIDENT 6144512151 2024-12-10 1 0 CHADD WEISERT JD LLM P00449157 6144728566 2024-12-10 2023 2024-10-15 13:58:12Z ELK RIVERVIEW TERRACE PENNY GRAHAM 2245 NORTH BANK DRIVE COLUMBUS OH 43220 396243 0 X N/A X 1984 WV TO PROVIDE RENTAL HOUSING FOR LOW-INCOME ELDERLY AND/OR DISABLED INDIVIDUALS. 3 3 0 3 0 0 306084 292666 93229 97617 490 -8423 8492 4026 408295 385886 0 0 0 0 0 0 0 0 0 430497 414237 430497 414237 -22202 -28351 1374512 1311140 1757889 1722868 -383377 -411728 TO PROVIDE RENTAL HOUSING FOR LOW-INCOME ELDERLY AND/OR DISABLED INDIVIDUALS. 0 0 382790 101643 ELK RIVERVIEW TERRACE APARTMENTS, INC. OWNS AND OPERATES A 36-UNIT APARTMENT COMPLEX FOR LOW-INCOME, ELDERLY AND/OR DISABLED INDIVIDUALS. ALL EXPENSES ARE ATTRIBUTED TO THE FACILITY. 382790 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X JILL KOLB 6144512151 2245 NORTH BANK DRIVE COLUMBUS OH 432205499 X PENNY GRAHAM PRESIDENT 1.00 X X 0 0 0 DEBBY MOORE SECRETARY 1.00 X X 0 0 0 WESLEY BEALE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 292666 292666 RENTS - NET 531110 97617 97617 97617 1934 1934 10357 -10357 -10357 -10357 TENANT CHARGES 531110 2736 2736 LAUNDRY & VENDING 531110 1290 1290 4026 385886 101643 0 -8423 18144 18144 200 200 1887 1887 17832 17832 49422 49422 36 36 79561 79561 69224 69224 25921 25921 CONTRACT SERVICES 72411 72411 REPAIRS & MAINTENANCE 32642 32642 SERVICE COORDINATOR 31626 31626 MISC. ADMIN 14196 1129 13067 1135 1135 414237 382790 31447 0 8148 31679 9674 10469 1642 2775 20565 16749 2536065 1605506 997008 930559 337475 318909 1374512 1311140 25470 25800 370 164 1724042 1687935 8007 8969 1757889 1722868 X -383377 -411728 -383377 -411728 1374512 1311140 -28351 0 X X 0 1 X 1 1 1 X 286608 279025 293303 306084 292666 1457686 85375 86539 91570 101233 101643 466360 371983 365564 384873 407317 394309 1924046 0 0 0 1924046 478 258 229 978 1934 3877 478 258 229 978 1934 3877 372461 365822 385102 408295 396243 1927923 0.99800 0.99880 0.00200 0.00120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 141113 141113 2232951 1511234 721717 60710 60710 0 101291 33562 67729 930559 RESERVE FOR REPLACEMENT 285796 ESCROW DEPOSITS 24322 RESIDUAL RECEIPTS RESERVE 8791 318909 TENANT SECURITY DEPOSITS HELD IN TRUST 8969 8969 X 396243 0 396243 -10357 -10357 385886 424594 10357 10357 414237 0 414237 PART X, LINE 2: THE CORPORATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. GENERALLY, INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL NETTED WITH REVENUE -10,357. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL NETTED WITH REVENUE 10,357. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION CONTRACTED WITH NATIONAL CHURCH RESIDENCES TO MANAGE THE PROJECT. UNDER THE TERMS OF A MANAGEMENT AGREEMENT, APPROVED BY HUD, NATIONAL CHURCH RESIDENCES IS RESPONSIBLE FOR THE OPERATIONS OF THE PROJECT AND FOR THE PROVISIONS OF A RESIDENT MANAGER. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH OVERSEES THE AUDIT OF THE FINANCIAL STATEMENTS AND IS INVOLVED IN THE SELECTION OF THE INDEPENDENT ACCOUNTANT WHICH PERFORMS THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.