2025-08-18T14:34:40-05:00 2024-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2024-01-01 810612142 LAKE SENIOR HOUSING CORP LAKE 6142733508 400 EAST TUSCARAWAS STREET CANTON OH 44702 MATTHEW BAILEY PRESIDENT 6142733508 2025-08-13 1 0 CHADD WEISERT JD LLM P00449157 6144728566 2025-08-13 2024 2025-03-06 01:10:19Z LAKE COMMONS APARTMENTS MATTHEW BAILEY 400 EAST TUSCARAWAS STREET CANTON OH 44702 290102 0 X N/A X 2006 OH TO PROVIDE LOW-INCOME HOUSING TO THE ELDERLY. 1 1 0 1 0 0 134619 148569 132315 135178 4074 6355 24866 0 295874 290102 0 0 0 0 0 0 0 0 0 302624 320108 302624 320108 -6750 -30006 2120147 2098163 2323152 2331174 -203005 -233011 TO PROVIDE LOW-INCOME HOUSING TO ELDERLY INDIVIDUALS 0 0 293826 135178 LAKE SENIOR HOUSING CORPORATION (THE CORPORATION), A NONPROFIT CORPORATION ORGANIZED FOR CHARITABLE PURPOSES, OWNS, OPERATES AND MAINTAINS A HOUSING FACILITY FOR THE ELDERLY AND/OR HANDICAPPED. THE CORPORATION OPERATES UNDER THE PROVISIONS OF SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION'S ONLY OPERATION IS A UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PROJECT, KNOWN AS LAKE COMMONS APARTMENTS, WHICH IS A 28-UNIT HOUSING FACILITY LOCATED IN CANTON, OHIO. 293826 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 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 OH X JILL KOLB 6144512151 2245 NORTH BANK DRIVE COLUMBUS OH 43220 X MATTHEW BAILEY PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 148569 148569 RENTAL REVENUE 531110 135178 135178 135178 6355 6355 290102 135178 0 6355 15456 15456 50 50 400 400 9 9 5646 5646 66052 66052 716 716 172 172 74113 74113 17230 17230 CONTRACT SERVICES 71148 71148 SERVICE COORDINATOR 39694 39694 REPAIRS AND MAINTENANCE 19125 19125 MISCELLANEOUS ADMINISTR 10129 419 9710 168 168 320108 293826 26282 0 8495 7456 1708 12367 10172 12064 3085703 1315914 1843902 1769789 255870 296487 2120147 2098163 19628 28160 1 0 2293800 2293800 9723 9214 2323152 2331174 X -203005 -233011 -203005 -233011 2120147 2098163 -30006 0 X 0 1 X 0 1 1 X 139748 134829 128254 134619 148569 686019 139748 134829 128254 134619 148569 686019 686019 115915 325 219 4074 6355 126888 468 468 813375 652237 0.84340 0.74470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160000 160000 2835165 1285303 1549862 7112 7112 0 83426 23499 59927 1769789 RESIDUAL RECEIPTS RESERVE 7234 RESERVE FOR REPLACEMENTS 251181 TENANT DEPOSITS 11039 ESCROW DEPOSITS 27033 296487 TENANT SECURITY DEPOSITS HELD IN TRUST 9214 9214 X 290102 0 290102 0 290102 320108 0 320108 0 320108 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 2021 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 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 THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS