2025-02-10T18:48:24-06:00 2024-09-30 943108253 NOVOGRADAC & COMPANY 3780 KILROY AIRPORT ROAD SUITE 330 LONG BEACH CA 90806 990PF 2023-10-01 850311499 VILLA TERESA INC VILL 5052604800 1720 LOUISIANA BLVD NE 402 ALBUQUERQUE NM 87110 JOHN ROCKWELL PRESIDENT 5052604800 2025-02-10 1 0 JUSTIN CHUBB LURYA P01989897 5624329482 2023 2025-03-06 01:10:19Z X 3249872 X X 0 0 589458 0 589458 589458 0 589458 0 0 0 0 111737 0 111737 111737 21477 0 21477 21477 21219 0 21219 21219 29644 0 29644 29644 88917 0 88917 88917 38578 0 38578 370054 0 370054 370054 681626 0 681626 643048 0 0 681626 0 681626 643048 -92168 0 0 118484 28631 28631 1289 1289 1289 9337 9571 9571 2614493 1999879 469809 614614 2614493 763086 595888 595888 1360716 1249993 3249872 6751 13469 1813 78 1690122 1644438 23036 45182 1721722 1703167 X -361006 -453174 -361006 -453174 1360716 1249993 -361006 -92168 0 -453174 0 -453174 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 NM 1 0 0 0 0 1 N/A MONARCH PROPERTIES INC 5052604800 1720 LOUISIANA BLVD ALBUQUERQUE NM 87110 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JOHN ROCKWELL 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 PRESIDENT 1.00 0 0 0 MICHAEL CALDWELL 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 DIRECTOR 1.00 0 0 0 ROBERT MCNEILL 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 DIRECTOR 1.00 0 0 0 LINDSEY GILBERT 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 SECRETARY 1.00 0 0 0 MIKE NOONAN 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 DIRECTOR 1.00 0 0 0 GREG LEACH 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 VICE PRESIDENT 1.00 0 0 0 JUAN CARAVEO 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 DIRECTOR 1.00 0 0 0 MAYLING ARMIJO 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 TREASURER 1.00 0 0 0 STEVEN GRANT 1720 LOUISIANA BLVD NE SUITE 402 ALBUQUERQUE NM 87110 DIRECTOR 1.00 0 0 0 NONE 0 NONE 0 THE ORGANIZATION IS A NONPROFIT CORPORATION ORGANIZED IN SANTA FE, NEW MEXICO IN 1983 TO OPERATE AN APARTMENT COMPLEX OF 48 UNITS FOR ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND METHOD OF OPERATIONS. THE PROPERTY RETIRED THE DEBT DUE UNDER SECTION 202 DIRECT LOAN IN APRIL 2012. THE NEW DEBT CARRIES MORTGAGE INSURANCE UNDER SECTION 207, PUSUANT TO SECTION 223. THE PROJECT IS ALSO SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS WITH HUD, AND A SIGNIFICANT AMOUNT OF THE PROJECT'S RENTAL INCOME IS RECEIVED AS HUD SUBSIDIES. 643048 0 0 61528 0 61528 0 0 61528 923 60605 3030 X 643048 0 643048 X 0 2948 2215 3025 8188 0 2506 1883 2571 6960 643048 0 0 65894 708942 0 0 0 65894 65894 643048 0 0 0 643048 3249872 2678126 2678126 2678126 11284250 2653984 2604742 2604742 2604742 10468210 2020 1965 1477 2017 7479 0 0 0 0 X 0 0 RENTAL INCOME 565109 OTHER INCOME 24349 0 0 589458 589458 1A OPERATE AN APARTMENT COMPLEX OF 48 UNITS LOCATED IN SANTA FE, NM FOR ELDERLY PERSONS 1B OPERATE AN APARTMENT COMPLEX OF 48 UNITS LOCATED IN SANTA FE, NM FOR ELDERLY PERSONS 0 0 0 0 0 0 0 0 0 0 ACCOUNTING EXPENSE 21219 0 21219 21219 LAND 1990-06-01 385000 L 0 0 0 PAVED WALKWAY 2017-07-31 6228 6228 SL 5.000000000000 0 0 0 SMOKING SHELTER 2020-12-02 4554 2581 SL 5.000000000000 911 0 911 BUILDINGS 1990-06-01 1697700 1697700 SL 30.000000000000 0 0 0 STORM DOORS 2006-12-14 1865 1865 SL 10.000000000000 0 0 0 FURNACES 2007-06-05 3388 3388 SL 10.000000000000 0 0 0 SECURITY DOORS 2010-09-02 2373 2373 SL 10.000000000000 0 0 0 PARKING LOT REPAVING 2015-12-30 120755 93586 SL 10.000000000000 12076 0 12076 REPLACE FURNACES, LIGHTS, ETC. 2016-02-22 72747 72747 SL 7.000000000000 0 0 0 REPLACE APPLIANCES 2016-07-24 36416 36416 SL 5.000000000000 0 0 0 ADDITIONAL PAVING 2017-01-26 6824 4605 SL 10.000000000000 682 0 682 HVAC #16 2021-05-28 2100 980 SL 5.000000000000 420 0 420 HVAC #27 2021-06-02 1992 929 SL 5.000000000000 398 0 398 BREAKROOM CABINETS AND COUNTERTOPS 2016-10-31 6064 4244 SL 10.000000000000 606 0 606 LAUNDRY ROOM CABINETS AND COUNTERTOPS 2016-11-30 1854 1281 SL 10.000000000000 185 0 185 TRACTOR 1990-06-01 2070 2070 SL 6.000000000000 0 0 0 LAWN MOWER 1990-06-01 1800 1800 SL 6.000000000000 0 0 0 COPIER 1990-06-01 599 599 SL 5.000000000000 0 0 0 SOFA 1990-06-01 1398 1398 SL 6.000000000000 0 0 0 TELEVISION 1990-06-01 400 400 SL 6.000000000000 0 0 0 FURNITURE 2016-02-25 2560 2560 SL 5.000000000000 0 0 0 BUILT IN BOOKCASE/DESK FOR CLUBROOM 2016-05-19 3301 3301 SL 5.000000000000 0 0 0 DESKTOP FOR OFFICE 2019-12-06 2143 1644 SL 5.000000000000 429 0 429 DESKTOP FOR SERVICE COORDINATOR 2020-01-27 2348 1834 SL 5.000000000000 470 0 470 FORD RANGER 1990-06-01 8999 8999 SL 6.000000000000 0 0 0 HVAC MAINTENANCE BUILDING 2022-04-18 3506 725 SL 5.000000000000 701 0 701 #40 WATER HEATER 2021-10-05 4208 912 SL 5.000000000000 842 0 842 #26 WATER HEATER 2021-12-04 1776 380 SL 5.000000000000 355 0 355 #3 & 22 WATER HEATERS 2021-12-30 2527 537 SL 5.000000000000 505 0 505 #38 WATER HEATER 2022-02-08 1831 386 SL 5.000000000000 366 0 366 #32 ADA SHOWER 2022-02-21 3911 820 SL 5.000000000000 782 0 782 #30 & 33 WATER HEATERS 2022-05-20 3778 777 SL 5.000000000000 756 0 756 WATER HEATERS 2 STOCK 2022-05-31 1491 306 SL 5.000000000000 298 0 298 #44 WATER HEATER 2022-05-31 2321 477 SL 5.000000000000 464 0 464 KEY CONTROL SYSTEM 2023-07-10 2133 107 SL 5.000000000000 427 0 427 HVAC REPAIRS 2023-04-30 10054 838 SL 5.000000000000 2011 0 2011 WATER HEATERS 2023-04-30 18096 1508 SL 5.000000000000 3619 0 3619 #17 WATER HEATER 2023-10-15 2835 SL 5.000000000000 567 0 567 #28 WATER HEATER 2024-01-11 2686 SL 5.000000000000 403 0 403 ROOF REPLACEMENT 2024-03-04 169949 SL 10.000000000000 9914 0 9914 #8 WATER HEATER 2024-04-12 2616 SL 5.000000000000 262 0 262 #36 WATER HEATER 2024-06-27 2583 SL 5.000000000000 129 0 129 #31 WATER HEATER 2024-09-19 2715 SL 5.000000000000 0 0 0 LAND 385000 0 385000 PAVED WALKWAY 6228 6228 0 SMOKING SHELTER 4554 3492 1062 BUILDINGS 1697700 1697700 0 STORM DOORS 1865 1865 0 FURNACES 3388 3388 0 SECURITY DOORS 2373 2373 0 PARKING LOT REPAVING 120755 105662 15093 REPLACE FURNACES, LIGHTS, ETC. 72747 72747 0 REPLACE APPLIANCES 36416 36416 0 ADDITIONAL PAVING 6824 5287 1537 HVAC #16 2100 1400 700 HVAC #27 1992 1327 665 BREAKROOM CABINETS AND COUNTERTOPS 6064 4850 1214 LAUNDRY ROOM CABINETS AND COUNTERTOPS 1854 1466 388 TRACTOR 2070 2070 0 LAWN MOWER 1800 1800 0 COPIER 599 599 0 SOFA 1398 1398 0 TELEVISION 400 400 0 FURNITURE 2560 2560 0 BUILT IN BOOKCASE/DESK FOR CLUBROOM 3301 3301 0 DESKTOP FOR OFFICE 2143 2073 70 DESKTOP FOR SERVICE COORDINATOR 2348 2304 44 FORD RANGER 8999 8999 0 HVAC MAINTENANCE BUILDING 3506 1426 2080 #40 WATER HEATER 4208 1754 2454 #26 WATER HEATER 1776 735 1041 #3 & 22 WATER HEATERS 2527 1042 1485 #38 WATER HEATER 1831 752 1079 #32 ADA SHOWER 3911 1602 2309 #30 & 33 WATER HEATERS 3778 1533 2245 WATER HEATERS 2 STOCK 1491 604 887 #44 WATER HEATER 2321 941 1380 KEY CONTROL SYSTEM 2133 534 1599 HVAC REPAIRS 10054 2849 7205 WATER HEATERS 18096 5127 12969 #17 WATER HEATER 2835 567 2268 #28 WATER HEATER 2686 403 2283 ROOF REPLACEMENT 169949 9914 160035 #8 WATER HEATER 2616 262 2354 #36 WATER HEATER 2583 129 2454 #31 WATER HEATER 2715 0 2715 TENANT SECURITY DEPOSITS 15149 16232 16232 INSURANCE ESCROW 43424 52224 52224 RESERVE FOR REPLACEMENT 248190 269198 269198 RESIDUAL RECEIPTS RESERVE 375089 258234 258234 0 81234 0 REPAIRS & MAINTENANCE 157089 0 157089 157089 INSURANCE 54678 0 54678 54678 OFFICE EXPENSES 31031 0 31031 31031 UTILITIES 63420 0 63420 63420 INTEREST 63610 0 63610 63610 DUES 226 0 226 226 RENTAL INCOME 565109 565109 OTHER INCOME 24349 24349 TENANT SECURITY DEPOSITS 14644 14982 ACCRUED INTEREST 5132 4990 TAX ADJUSTMENT ACCOUNT 3260 3260 PROPERTY TAXES PAYABLE 0 21950 MANAGEMENT FEE 29644 0 29644 29644 TAXES AND LICENSES 2517 0 2517 2517 REAL ESTATE TAXES 86400 0 86400 86400