2025-03-22T12:55:59-04:00 2024-12-31 621868414 FLEET FIRM 759 TEALWOOD LN CORDOVA TN 380186334 990 2024-01-01 710768660 EAST OAK PLACE INC EAST 5012800037 212 SOUTH MAIN ST MALVERN AR 72104 C CARL SCHULTZ PRESIDENT 5012800037 2025-03-12 true false NELSON K FLEET CPA P00121794 9013364602 2025-03-22 2024 2025-03-06 01:10:19Z X C CARL SCHULTZ 212 SOUTH MAIN ST MALVERN AR 72104 290731 false X X 1995 AR TO PROVIDE LOW-INCOME HOUSING TO THE DISABLED IN JONESBORO, ARKANSAS BASED ON THE REQUIREMENTS SET FORTH BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 3 3 0 0 0 150599 153475 387 107414 0 150986 260889 0 0 46472 46157 0 0 119190 138643 165662 184800 -14676 76089 454751 538007 12315 19482 442436 518525 TO PROVIDE LOW-INCOME HOUSING TO THE DISABLED IN JONESBORO, ARKANSAS BASED ON THE REQUIREMENTS SET FORTH BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. false false 156372 153475 TO PROVIDE LOW-INCOME HOUSING TO THE DISABLED IN JONESBORO, ARKANSAS BASED ON THE REQUIREMENTS SET FORTH BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 156372 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 6 0 true 0 false false false false false false false false false false false X 3 3 true true false false false true false true true false false true true true true false false false false false X C CARL SCHULTZ 5012800037 212 SOUTH MAIN ST MALVERN AR 72104 X JEFFREY OWENS TREASURER X X 0 0 0 C CARL SCHULTZ PRESIDENT X X 0 0 0 CYNTHIA WHEELER SECRETARY X X 0 0 0 false false false NET RENTAL REVENUE 152757 152757 LAUNDRY AND VENDING 432 432 TENANT CHARGES 286 286 153475 565 565 136691 29842 106849 106849 106849 260889 260324 565 42666 42666 3491 3491 18156 18156 9863 9863 4369 4369 22708 22708 409 409 26748 26748 17449 17449 CONTRACTS-GROUNDS 12650 12650 SUPPLIES-APPLIANCES 10893 10893 MANAGEMENT CONSULTING 3800 3800 SUPPLIES-REPAIR MATERIALS 2482 2482 9116 9116 184800 156372 28428 0 1743 47012 1405 1410 4090 6657 997182 612701 342603 384481 104910 98447 454751 538007 7698 14664 145 375 4472 4443 12315 19482 X -401364 -325275 843800 843800 442436 518525 454751 538007 76089 X false true X true true true X 124033 122867 135573 150599 153475 686547 124033 122867 135573 150599 153475 686547 686547 122 79 89 387 565 1242 122 79 89 387 565 1242 124155 122946 135662 150986 154040 687789 0.99820 0.99880 0.00000 0.00000 X 34652 34652 962530 612701 349829 384481 RESERVE FOR REPLACEMENT 85125 ESCROW ACCOUNTS 8607 SECURITY DEPOSIT CASH 4715 98447 TEN SEC DEPOSITS HELD IN TRUST 4443 4443 260889 260889 260889 184800 184800 184800 ARKANSAS CONSOLIDATED PAYROLL PROCE OWNER 59580 PAYROLL PROCESSING false INTREPID MANAGEMENT INC OWNER 3190 ADMIN SERVICES false INTREPID INVESTMENTS INC OWNER 104 BACKGROUND CHECKS false INTREPID MANAGEMENT INC OWNER 18156 MANAGEMENT AGENT true SCHEDULE L, PART V C. CARL SCHULTZ IS THE BOARD PRESIDENT AND SOLE OWNER OF ARKANSAS CONSOLIDATED PAYROLL PROCESSING. SERVICE PROVIDED INCLUDE PAYROLL PROCESSING AND LEASING OF EMPLOYEES. C. CARL SCHULTZ AND CYNTHIA WHEELER ARE SIBLINGS AND ENTITY OFFICERS. THEY ARE OWNERS OF INTREPID MANAGEMENT, INC. C. CARL SCHULTZ IS AN OWNER OF UNITED PROPERTIES MANAGEMENT, INC. SEREVICES PROVIDED CONSIST OF ADMINISTRATIVE SUPPORT SERVICES. FORM 990, PAGE 6, PART VI, LINE 2 C. CARL SCHULTZ CYNTHIA WHEELER PRESIDENT SECRETARY SIBLINGS FORM 990, PAGE 6, PART VI, LINE 3 THE BOARD HAS DELEGATED MANAGEMENT CONTROL TO A MANAGEMENT COMPANY, MERIDIAN MANAGEMENT SERVICES, LLC. ALL DECISIONS EXCEPT REVIEW OF THE ANNUAL AUDIT AND FORM 990 TAX RETURN ARE MADE BY THE MANAGEMENT COMPANY. FORM 990, PAGE 6, PART VI, LINE 7A THE NUMBER OF DIRECTORS OF THE CORPORATION SHALL BE THREE WHO, SHALL ELECT THEIR SUCCESSORS IN THE EVENT OF A VACANCY, AND WHO SHALL ELECT THE OFFICERS OF THE CORPORATION. ALL DIRECTORS AND OFFICERS SHALL SERVE ONE YEAR TERMS BUT SHALL SERVE UNTIL THEIR SUCCESSORS ARE ELECTED. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 TAX RETURN IS PREPARED BY A THIRD PARTY CPA FIRM AND PROVIDED TO ALL BOARD MEMBERS FOR REVIEW, APPROVAL, AND SIGNATURE. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD IS REQUIRED TO UPDATE AND DISCLOSE RELATED PARTY TRANSACTIONS IN THE ANNUAL AUDIT EACH YEAR AND SUBMIT TO THIRD PARTY GRANTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE NOT AVAILABLE FOR PUBLIC ACCESS BUT CAN BE REVIEWED UPON REQUEST.