2025-07-09T13:49:42-05:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 351985001 MOTHER THEODORE CORPORATION MOTH 8122325083 711 OHIO STREET TERRE HAUTE IN 47807 DAVID BONNETT PRESIDENT 8122325083 2025-07-07 1 1 BRITTANY PHILLIPS P01083761 3178485700 2024 2025-03-06 01:10:19Z DAVID L BONNETT 711 OHIO STREET TERRE HAUTE IN 47807 944808 0 X N/A X 1996 IN MOTHER THEODORE CORPORATION (THE CORPORATION) IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 150 UNIT APARTMENT FACILITY KNOWN AS GREENWOOD II (THE PROJECT) LOCATED IN TERRE HAUTE, INDIANA, WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 OF THE NATIONAL HOUSING ACT. 8 8 0 0 0 0 380158 423774 475113 481093 43208 5647 14110 34294 912589 944808 0 0 0 0 0 0 0 0 0 853573 1088873 853573 1088873 59016 -144065 2198171 2146902 832942 925738 1365229 1221164 X MOTHER THEODORE CORPORATION (THE CORPORATION) IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 150 UNIT APARTMENT FACILITY KNOWN AS GREENWOOD II (THE PROJECT) LOCATED IN TERRE HAUTE, INDIANA, WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 OF THE NATIONAL HOUSING ACT. 0 0 918317 481093 MOTHER THEODORE CORPORATION (THE CORPORATION) IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 150 UNIT APARTMENT FACILITY KNOWN AS GREENWOOD II (THE PROJECT) LOCATED IN TERRE HAUTE, INDIANA, WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT IS FINANCED WITH A MORTGAGE THAT IS INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND IS, THEREFORE, REGULATED BY HUD WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE CORPORATION HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 OF THE NATIONAL HOUSING ACT. 918317 1 1 0 0 0 0 0 0 0 0 1 0 1 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 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IN X YVONNE AVARY CO PFISTER & COMPANY 8122325083 711 OHIO STREET TERRE HAUTE IN 47807 X DAVID L BONNETT PRESIDENT 0.50 1.50 X X 0 0 0 JEANNE CONLEY VICE PRESIDENT 0.50 1.50 X X 0 0 0 DONNA BUSCH SECRETARY/TREASURER 0.50 1.50 X X 0 0 0 ROBERT MURRAY DIRECTOR 0.50 1.50 X 0 0 0 JOANIE KANIZER DIRECTOR 0.50 1.50 X 0 0 0 CANDY BARTON DIRECTOR 0.50 1.50 X 0 0 0 CHARLES WELKER DIRECTOR 0.50 1.50 X 0 0 0 RICHARD SHAGLEY II DIRECTOR 0.50 1.50 X 0 0 0 YVONNE AVARY ASSISTANT SECRETARY 0.50 1.50 X 0 0 0 0 0 0 0 0 0 0 0 25000 398774 423774 RENTAL INCOME 531110 481093 481093 481093 5647 5647 OTHER REVENUE-MISC. 531110 31499 31499 TENANT CHARGES 531110 2795 2795 34294 944808 481093 0 39941 93600 93600 8344 8344 32848 32848 2275 2275 20606 20606 723567 723567 2751 2751 95579 95579 1409 1409 MGMT CO EMPLOYEE CHARGE 95011 95011 BAD DEBT EXPENSE 12883 12883 1088873 918317 170556 0 7381 60730 27340 12866 37666 2454572 982599 1484509 1471973 496673 319874 31311 6281 150957 237512 2198171 2146902 75627 33696 9345 8588 683213 832981 64757 50473 832942 925738 X 1365229 1221164 1365229 1221164 2198171 2146902 -144065 0 X X 1 X 0 1 1 1 X 327338 368108 360566 380158 423774 1859944 474615 477414 488697 475113 481093 2396932 801953 845522 849263 855271 904867 4256876 0 0 0 4256876 174 128 143 1539 5647 7631 174 128 143 1539 5647 7631 17796 19223 16665 14110 34294 102088 819923 864873 866071 870920 944808 4366595 0.97490 0.97900 0.00170 0.00050 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128360 128360 2087322 817810 1269512 191139 118595 72544 47751 46194 1557 1471973 RESERVE REPLACEMENT FUND 319874 C 319874 MORTGAGE ESCROW DEPOSITS 187039 SECURITY DEPOSITS 50473 237512 SECURITY DEPOSITS 50473 50473 X 944808 0 944808 0 944808 1089177 304 304 1088873 0 1088873 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION DIFFERENCE 304. FORM 990, PART VI, SECTION A, LINE 3 MOTHER THEODORE CORPORATION IS MANAGED BY PFISTER & COMPANY, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. PFISTER & COMPANY, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED PFISTER & COMPANY, INC. TO MANAGE THE MOTHER THEODORE CORPORATION APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE INDEPENDENT ACCOUNTANT FORWARDS A DRAFT OF FORM 990 TO THE MANAGEMENT COMPANY, WHICH IN TURN DISPERSES A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. UPON BOARD APPROVAL, THE BOARD PRESIDENT NOTIFIES THE MANAGEMENT COMPANY TO COMMUNICATE APPROVAL TO THE OUTSIDE ACCOUNTANT, WHICH ISSUES A FINAL RETURN FOR THE BOARD PRESIDENT TO SIGN AND FILE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR DIRECTORS (SEE PAGE 7, PART VII). IF THE ORGANIZATION REVISES THEIR POSITION ON COMPENSATION OF OFFICERS AND DIRECTORS, AN ADDITIONAL POLICY WILL BE DRAFTED AT THAT TIME. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PAGE 12, LINE 2C THE MANAGEMENT COMPANY RECEIVES A COPY OF THE COMPILED FINANCIAL STATEMENTS. PRIOR TO THE FINALIZATION OF THE COMPILED FINANCIAL STATEMENTS, A COPY OF THE COMPILED FINANCIAL STATEMENTS IS GIVEN TO THE OFFICERS OF THE CORPORATION FOR THEIR APPROVAL. ONCE THE OFFICERS APPROVE THE COMPILED FINANCIAL STATEMENTS, A FINAL COPY OF THE COMPILED FINANCIAL STATEMENTS IS GIVEN TO THE ENTIRE BOARD. THE MANAGEMENT COMPANY IS RELIED UPON TO REVIEW THE COMPILED FINANCIAL STATEMENTS REPORTS WITH THE APPROPRIATE OFFICERS AND/OR FINANCE COMMITTEE, IF APPLICABLE. WHEN THE COMPILED FINANCIAL STATEMENTS IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW ACCOUNTING FIRM. MOTHER THEODORE CORPORATION II 711 OHIO STREET TERRE HAUTE IN 47807 300283483 PROVIDE LOW INCOME HOUSING IN 501(C)(3) 509(A)(2) 0 MOTHER THEODORE CORPORATION III 711 OHIO STREET TERRE HAUTE IN 47807 202515059 PROVIDE LOW INCOME HOUSING IN 501(C)(3) 509(A)(2) 0 MOTHER THEODORE CORPORATION IV 711 OHIO STREET TERRE HAUTE IN 47807 201985001 PROVIDE LOW INCOME HOUSING IN 501(C)(3) 509(A)(2) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0