2025-11-17T12:07:33-06:00 2024-12-31 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2024-01-01 383075222 BGC NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY BGCN 5178536655 2170 COMMONS PKWY OKEMOS MI 48864 RICHARD KERBAWY PRESIDENT 5178536655 2025-11-10 1 1 AMBER RATHBUN CPA P01786612 5173237500 2025-11-13 2024 2025-03-06 01:10:19Z RICHARD KERBAWY 2170 COMMONS PKWY OKEMOS MI 48864 2069029 0 X N/A X 1992 MI TO PROVIDE AND PRESERVE HOUSING FACILITIES FOR PERSONS AND FAMILIES OF LOW INCOME. 4 4 0 4 0 0 0 0 1942003 2032993 3800 36036 0 0 1945803 2069029 3091667 91667 0 0 0 0 0 0 0 1617590 1669091 4709257 1760758 -2763454 308271 6641304 6824636 6540560 6415621 100744 409015 TO PROVIDE AND PRESERVE HOUSING FACILITIES FOR PERSONS AND FAMILIES OF LOW INCOME AND TO PROVIDE FOR THEIR SOCIAL, PHYSICAL, AND HEALTH NEEDS. 0 0 1105740 2032993 BGC NONPROFIT HOUSING CORPORATION/LINDEN LANE APARTMENTS PROVIDES 180 RENTAL UNITS TO PERSONS OF LOW TO MODERATE INCOME. THE ORGANIZATION ALSO PROVIDES SOCIAL AND RECREATIONAL FACILITIES TO SERVE THE RESIDENTIAL AREA. 91667 91667 INCOME FROM BGC NONPROFIT HOUSING CORPORATION/LINDEN LANE APARTMENTS BENEFIT ACTIVITIES OF THE BOYS AND GIRLS CLUB OF LANSING TO THE EXTENT THAT THOSE ACTIVITIES ARE CONSISTENT WITH THE TAX-EXEMPT PURPOSE OF BGC-LINDEN LANE. 1197407 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 MI X ALTMAN MANAGEMENT COMPANY 5178536655 2170 COMMONS PKWY OKEMOS MI 48864 X KURT HANUS BOARD MEMBER 0.50 1.00 X 0 0 0 DR JOHN A SAUCHAK BOARD MEMBER 0.50 1.00 X 0 0 0 LAURIE SCHWARTZ TREASURER 1.00 2.00 X X 0 0 0 RICHARD KERBAWY PRESIDENT 1.00 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 2016348 2016348 ANCILLARY FEES 531110 16645 16645 2032993 36036 36036 2069029 2032993 0 36036 X 91667 91667 111275 111275 18468 18468 5570 5570 271541 127980 143561 1222 1222 84860 84860 214566 214566 1999 1999 158123 158123 170819 160151 10668 230780 230780 CLEANING & MAINTENANCE 239383 239383 TAXES & LICENSES 130881 130881 ADMINISTRATIVE EXPENSE 23693 23693 BAD DEBT EXPENSE 5911 5911 1760758 1197407 563351 0 600 109 2413448 2496915 8280 11796 28052 27375 12241413 8850208 3282917 3391205 908007 897236 6641304 6824636 164642 166490 4516 4848 6321259 6192825 50143 51458 6540560 6415621 X 100744 409015 100744 409015 6641304 6824636 308271 0 X 0 0 0 X 1758502 1857621 1883748 1942003 2032993 9474867 1758502 1857621 1883748 1942003 2032993 9474867 0 0 0 9474867 1100 1203 2113 3800 36036 44252 1100 1203 2113 3800 36036 44252 1759602 1858824 1885861 1945803 2069029 9519119 0.99540 0.99880 0.00460 0.00120 X 237943 237943 10652401 8141593 2510808 824423 496281 328142 526646 212334 314312 3391205 SECURITY DEPOSITS 51458 RESTRICTED DEPOSITS AND FUNDED RESE 464278 RELATED PARTY RECEIVABLE 381500 897236 TENANT SECURITY DEPOSITS 51458 51458 X PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. 1 BOYS AND GIRLS CLUB 4315 PLEASANT GROVE LANSING MI 48910 381788281 501(C)(3) 91667 0 TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES. 1 0 PART I, LINE 2: ORGANIZATION IS A 501(C)(3) PUBLICLY SUPPORTED ORGANIZATION. 501(C)(3) STATUS IS MONITORED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT COMPANY HANDLES THE DAY TO DAY OPERATIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZED AS A MEMBERSHIP ORGANIZATION PER THE ARTICLES OF INCORPORATION. CANDIDATES FOR MEMBERSHIP MUST HAVE THE FOLLOWING QUALIFICATIONS: PERSONS IN THE STATE OF MICHIGAN INTERESTED IN AND COMMITTED TO THE PURPOSES OF PROVIDING AND PRESERVING MULTI-FAMILY HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES. FORM 990, PART VI, SECTION A, LINE 7A MSHDA MAY APPOINT MEMBERS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION IS SUBJECT TO REVIEW, OVERSIGHT, AND REGULATION BY MSHDA. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS RECEIVED BY THE ORGANIZATION'S PRESIDENT AND IS REVIEWED FOR COMPLETENESS AND ACCURACY. UPON APPROVAL, IT IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. IF NO CHANGES ARE REQUIRED, THE 990 IS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 127,980. MANAGEMENT AND GENERAL EXPENSES 127,231. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 255,211. MORTGAGE SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,330. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,330. BGC I - NONPROFIT HOUSING CORPORATION 2170 COMMONS PKWY OKEMOS MI 48864 383080446 RESIDENTIAL RENTAL REAL ESTATE MI 501(C)(3) LINE 10 N/A 0 BGC II - NONPROFIT HOUSING CORPORATION 2170 COMMONS PKWY OKEMOS MI 48864 383080448 RESIDENTIAL RENTAL REAL ESTATE MI 501(C)(3) LINE 10 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0