2025-11-17T14:50:00-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2024-01-01 311762432 NEWPORT MILLENNIUM HOUSING CORPORATION III NEWP 8594410466 PO BOX 459 NEWPORT KY 410720459 RON RAWE TREASURER 8598512533 2025-11-17 1 1 BRITTANY MALCZEWSKI CPA P02192309 4197942000 2025-11-17 2024 2025-03-06 01:10:19Z THOMAS GUIDUGLI 30 E 8TH ST NEWPORT KY 41071 1793198 0 X N/A X 2001 KY CREATE LOW INCOME HOUSING THROUGH THE ACQUISITION OF PROPERTY FOR DEVELOPMENT AND OPERATION OF MULTI-INCOME HOUSING PROJECTS IN NEWPORT, KENTUCKY. 5 5 0 5 0 0 1424629 654453 282391 413738 80930 80197 -707414 -534838 1080536 613550 0 0 0 0 260244 270354 0 0 0 279666 264297 539910 534651 540626 78899 14223386 14247456 326477 271648 13896909 13975808 CREATE LOW INCOME HOUSING THROUGH THE ACQUISITION OF PROPERTY FOR DEVELOPMENT AND OPERATION OF MULTI-INCOME HOUSING PROJECTS. 0 0 471601 1128177 PARTNERED WITH DEVELOPERS FOR THE DEVELOPMENT OF A SENIOR HIGH RISE BUILDING AND A SEPARATE TWENTY UNIT BUILDING USING HOPE VI FUNDS. 471601 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 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 1 1 0 0 0 1 22 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 1 0 1 0 0 0 1 1 1 1 0 1 0 0 0 X COMPANY FINANCE DIRECTOR 8595812533 30 E 8TH ST NEWPORT KY 41072 MICHAEL CHALK CHAIRPERSON 1.00 1.00 X X 0 0 0 CAROLYN DUFF BOARD MEMBER 1.00 1.00 X 0 0 0 RICHARD BUECHEL JR BOARD MEMBER 1.00 1.00 X 0 0 0 MAYOR THOMAS GUIDUGLI JR BOARD MEMBER 1.00 1.00 X 0 0 0 JOSEPH MUMPER BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS GUIDUGLI SR PRESIDENT 6.00 34.00 X 23829 135032 20578 RONALD J RAWE TREASURER 2.00 38.00 X 4698 89261 19440 GINA SCHNEIDER SECRETARY 3.00 37.00 X 3329 29965 20672 31856 254258 60690 0 0 1 0 WR COLORS & SERVICES INC 51 19TH STREET NEWPORT KY 41071 CONSTRUCTION 187075 WOESTE BUILDERS INC 1096 MORELAND ROAD ALEXANDRIA KY 41001 CONSTRUCTION 186075 DWANE SMITH MASONRY LLC 8508 STRONG TOWN ROAD ABERDEEN OH 45101 CONSTRUCTION 168154 CHRISS SAPP CONSTRUCTION 5360 MARY INGLES HWY MELBOURNE KY 41059 CONSTRUCTION 162866 FORGE LUMBER 39 MONTGOMERY DRIVE ERLANGER KY 41018 CONSTRUCTION 140930 5 654453 654453 RENTAL INCOME 531110 372798 372798 ASSET MANAGEMENT FEE INCOME 531390 22825 22825 RELATED PARTY RENTAL 531190 18600 18600 RELATED ENTITY LOSS 531390 -485 -485 413738 80197 69144 11053 627630 1179648 -552018 -552018 OTHER INCOME 531390 17180 17180 17180 613550 -51471 0 10568 31856 31856 180703 180703 38066 38005 61 19729 17027 2702 6805 6805 1827 1827 11004 946 10058 15 15 353 4 349 2454 901 1553 2648 729 1919 107011 79128 27883 4769 4769 6094 6094 90278 90278 23555 7511 16044 7484 6830 654 534651 471601 63050 0 112776 113521 1640120 1374529 1835 127 2582029 2181971 14226 13224 5019879 806738 3784098 4213141 6084152 6051863 4150 299080 14223386 14247456 30783 16048 750 500 276590 232716 18354 22384 326477 271648 X 11850557 12011406 2046352 1964402 13896909 13975808 14223386 14247456 78899 0 X 0 1 X 0 0 X 1608258 2364222 1037060 1424629 654453 7088622 910661 925651 1847497 1521988 1041368 6247165 2518919 3289873 2884557 2946617 1695821 13335787 0 0 0 13335787 70270 72161 73331 80930 80197 376889 70270 72161 73331 80930 80197 376889 46826 4880 56670 506392 17180 631948 2636015 3366914 3014558 3533939 1793198 14344624 0.92970 0.92860 0.02630 0.02550 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 46,826. 2021 AMOUNT: $ 4,880. 2022 AMOUNT: $ 56,670. 2023 AMOUNT: $ 8,240. 2024 AMOUNT: $ 17,180. DEVELOPER FEE REVENUE - 2023 AMOUNT: $ 498,152. 2024 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 240698 240698 4779181 806738 3972443 4213141 INVESTMENT IN TAX CREDIT ENTITY 4384215 C RELATED PARTY NOTE RECEIVABLE 1667648 C 6051863 TENANT SECURITY DEPOSITS 22384 22384 X 1793198 0 1793198 -1179648 -1179648 613550 1714299 1179648 1179648 534651 0 534651 PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION IS REQUIRED TO DETERMINE WHETHER A TAX POSITION OF THE ORGANIZATION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT OF THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. HOWEVER, MANAGEMENT'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, NEW TAX LAWS, REGULATIONS, AND ADMINISTRATIVE INTERPRETATIONS (INCLUDING RELEVANT COURT DECISIONS). PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,179,648. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,179,648. 0 0 0 0 0 0 0 0 0 THOMAS GUIDUGLI SR PRESIDENT 23829 135032 0 0 0 0 0 0 0 20578 23829 155610 0 0 PART I, LINE 3 THE PRESIDENT'S COMPENSATION IS SET AND APPROVED BY THE HOUSING AUTHORITY OF NEWPORT KENTUCKY'S BOARD. FORM 990, PART VI, SECTION A, LINE 2 THERE IS A FAMILY RELATIONSHIP BETWEEN BOARD MEMBER AND PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION PAYS A RELATED ENTITY, HOUSING AUTHORITY OF NEWPORT, TO PROVIDE MANAGEMENT SERVICES ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS GOVERNED BY A FIVE MEMBER BOARD OF DIRECTORS APPOINTED BY THE HOUSING AUTHORITY OF NEWPORT. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS GIVEN TO THE BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT OVERSIGHT IS IMPLEMENTED BY FINANCE DEPT. FORM 990, PART VI, SECTION C, LINE 19 COPY OF FORM 990 IS AVAILABLE FOR INSPECTION. NEWPORT MILLENNIUM HOUSING CORP I 30 E 8TH ST NEWPORT KY 41071 311694619 DEVELOP PROPERTIES FOR AFFORDABLE RENTAL AND HOME OWNERSHIP HOUSING KY 501(C)(3) LINE 7 HOUSING AUTHORITY OF NEWPORT 0 NEWPORT MILLENNIUM HOUSING CORP IV 30 E 8TH ST NEWPORT KY 41071 311762425 DEVELOP PROPERTIES FOR AFFORDABLE RENTAL AND HOME OWNERSHIP HOUSING KY 501(C)(3) LINE 7 HOUSING AUTHORITY OF NEWPORT 0 HOUSING AUTHORITY OF NEWPORT 30 E 8TH ST NEWPORT KY 41071 616002404 DEVELOP PROPERTIES FOR AFFORDABLE RENTAL AND HOME OWNERSHIP HOUSING KY 501(C)(1) LINE 6 N/A 0 NEIGHBORHOOD FOUNDATIONS INC 30 E 8TH ST NEWPORT KY 41071 611388543 DEVELOP PROPERTIES FOR AFFORDABLE RENTAL AND HOME OWNERSHIP HOUSING KY 501(C)(3) LINE 7 HOUSING AUTHORITY OF NEWPORT 0 NORTHERN KENTUCKY SCHOLAR HOUSE 30 E 8TH ST NEWPORT KY 41071 463298732 AFFORDABLE HOUSING KY SCHOLAR HOUSE GP INC RELATED 647 0 1 0.00010 LIBERTY HOUSING LTD PO BOX 459 NEWPORT KY 41072 204694848 DEVELOP PROPERTIES FOR AFFORDABLE PUBLIC HOUSING KY HOUSING AUTHORITY OF NEWPORT RELATED 3670 0 1 0.00100 HIGHLAND VILLAGE 30 E 8TH ST NEWPORT KY 41071 611772774 AFFORDABLE HOUSING KY HIGHLAND GP INC RELATED 16633 0 1 0.00100 GRAND TOWERS LTD 301 ISABELLA STREET NEWPORT KY 41071 200056420 DEVELOP PROPERTIES FOR AFFORDABLE PUBLIC HOUSING KY HOUSING AUTHORITY OF NEWPORT RELATED 420 0 1 0.00010 CLIFTON HILLS LTD 30 E 8TH ST NEWPORT KY 41071 455302957 DEVELOP PROPERTIES FOR AFFORDABLE PUBLIC HOUSING KY CLIFTON HILLS GP INC RELATED 2690 0 1 0.00100 CITY WIDE HOUSING LTD 30 E 8TH ST NEWPORT KY 41072 260380490 DEVELOP PROPERTIES FOR AFFORDABLE PUBLIC HOUSING KY HOUSING AUTHORITY OF NEWPORT RELATED 7684 0 1 0.00100 BASIN HOUSING LIMITED PARTNERSHIP I 30 E 8TH ST NEWPORT KY 41071 201872130 AFFORDABLE HOUSING KY HOUSING AUTHORITY OF NEWPORT RELATED 226 0 1 0.00010 GRAND TOWERS CONDOMINIUM ASSOCIATION 301 ISABELLA STREET NEWPORT KY 41071 PROVIDE AFFORDABLE HOUSING KY N/A C 0 CLIFTON HILLS GP INC 30 E 8TH ST NEWPORT KY 41071 460860606 PROVIDE AFFORDABLE HOUSING KY C 1.00000 1 SCHOLAR HOUSE GP INC 30 E 8TH ST NEWPORT KY 41071 471549689 PROVIDE AFFORDABLE HOUSING KY C 1.00000 1 HIGHLAND GP INC 30 E 8TH ST NEWPORT KY 41071 475259819 PROVIDE AFFORDABLE HOUSING KY C 1.00000 1 BASIN HOUSING GP LLC 30 E 8TH ST NEWPORT KY 41071 853373514 PROVIDE AFFORDABLE HOUSING KY C 1.00000 1 1 0 1 1 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 LIBERTY HOUSING LTD A 2760 AUDITED VALUE CITY WIDE HOUSING LTD A 7140 AUDITED VALUE HIGHLAND VILLAGE LLLP A 6600 AUDITED VALUE NORTHERN KENTUCKY SCHOLAR HOUSE LP A 69144 AUDITED VALUE NORTHERN KENTUCKY SCHOLAR HOUSE LP D 69144 AUDITED VALUE