2025-05-23T00:15:52-05:00 2024-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-01-01 581563582 CLEVELAND COUNTY SENIOR CITIZENS HOUSING CLEV 3367241000 211 N MORGAN STREET F3 SHELBY NC 28150 KATHY GRIGG PRESIDENT 7044826992 2025-05-14 1 0 CASEY H PATTERSON P01281279 3362944494 2025-05-14 2024 2025-03-06 01:10:19Z LIONS SENIOR VILLAGE KATHY GRIGG 211 N MORGAN STREET F3 SHELBY NC 28150 487778 0 X N/A X 1984 NC PROVIDE HOUSING TO LOW-INCOME AND ELDERLY INDIVIDUALS SUBJECT TO HUD REGULATIONS GOVERNING RENTAL CHARGES AND OPERATING METHODS. 9 9 0 9 0 0 324939 330706 131946 156837 148 235 0 0 457033 487778 0 0 0 0 0 0 0 0 0 412339 446670 412339 446670 44694 41108 787873 802863 1141778 1115660 -353905 -312797 PROVIDE HOUSING TO LOW-INCOME AND ELDERLY INDIVIDUALS SUBJECT TO HUD REGULATIONS GOVERNING RENTAL CHARGES AND OPERATING METHODS. 0 0 434026 156837 PROVIDE AN APARTMENT COMPLEX OF 40 UNITS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT IN THE NAME OF THE LIONS SENIOR VILLAGE FOR ELDERLY INDIVIDUALS PLUS RELATED SERVICES. 434026 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X RESIDENTIAL PROPERTY MGMT 3367241000 1105 BROOKSTOWN AVE WINSTONSALEM NC 27101 X KATHY GRIGG CHAIRMAN 0.00 X X 0 0 0 WILLIE MCINTOSH BOARD MEMBER 0.00 X 0 0 0 LYNN POWELL BOARD MEMBER 0.00 X 0 0 0 DAVID VAUGHN BOARD MEMBER 0.00 X 0 0 0 BRYAN T HOWELL BOARD MEMBER 0.00 X 0 0 0 VIOLET ARTH BOARD MEMBER 0.00 X 0 0 0 MIKE STAIR SECRETARY 0.00 X X 0 0 0 MICHELLE HOYLE BOARD MEMBER 0.00 X 0 0 0 DANIEL BERNAT BOARD MEMBER 0.00 X 0 0 0 0 0 0 0 0 0 0 0 330706 330706 TENANT RENTAL PAYMENTS 531110 135202 135202 MISCELLANEOUS 531110 12584 12584 TENANT CHARGES 531110 5586 5586 LAUNDRY AND VENDING 531110 3465 3465 156837 235 235 487778 156837 0 235 X 33739 33739 8160 8160 3256 3256 25212 25212 28774 28774 43313 43313 39314 39314 37991 37991 NURSING HOME 56722 56722 MANAGER SALARY REIMBURS 46400 46400 PAYROLL REIMBURSEMENT 35898 35898 CONTRACTS 33415 33415 54476 49992 4484 446670 434026 12644 0 5397 18210 292522 327863 4503 299 20227 18881 1547559 1173738 397746 373821 67478 63789 787873 802863 13603 25631 522 2294 1116400 1074369 11253 13366 1141778 1115660 X -353905 -312797 -353905 -312797 787873 802863 41108 0 X 0 1 X 1 1 1 X 316599 313512 320454 324939 330706 1606210 110003 111285 111353 131946 156837 621424 426602 424797 431807 456885 487543 2227634 0 0 0 2227634 108 75 95 148 235 661 108 75 95 148 235 661 426710 424872 431902 457033 487778 2228295 0.99970 0.99970 0.00030 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79635 79635 1381595 1100884 280711 40166 39248 918 46163 33606 12557 373821 TENANT SECURITY DEPOSITS 13366 13366 X 487778 0 487778 0 487778 446670 0 446670 0 446670 PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A 'MORE-LIKELY-THAN-NOT' THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024 . FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO RESIDENTIAL PROPERTY MANAGEMENT, INC. THE APARTMENT COMPLEX FOR LOW-INCOME AND ELDERLY INDIVIDUALS IS REGULATED BY U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. RESIDENTIAL PROPERTY MANAGEMENT, INC. WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT A BOARD MEETING PRIOR TO FILING. THE BOARD IS GIVEN TIME TO REVIEW FORM 990 AND ASK QUESTIONS. A REPRESENTATIVE FROM THE MANAGEMENT COMPANY IS AVAILABLE AT THE MEETING TO RESPOND TO ANY QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC AT BOTH THE APARTMENT COMPLEX OFFICE AND THE OFFICE OF THE MANAGEMENT COMPANY. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 14,011. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,011. BAD DEBTS: PROGRAM SERVICE EXPENSES 10,652. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,652. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 7,214. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,214. MORTGAGE INSURANCE PREMIUMS: PROGRAM SERVICE EXPENSES 4,921. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,921. MISCELLANEOUS ADMIN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,484. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,484. OTHER RENTING EXPENSES: PROGRAM SERVICE EXPENSES 3,567. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,567. MISCELLANEOUS OPERATING EXPENSES: PROGRAM SERVICE EXPENSES 3,321. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,321. SECURITY PAYROLL/CONTRACT: PROGRAM SERVICE EXPENSES 1,955. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,955. GARBAGE AND TRASH REMOVAL: PROGRAM SERVICE EXPENSES 1,896. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,896. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 1,160. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,160. REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 995. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 995. SNOW REMOVAL: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 300.