2025-12-02T09:53:54-06:00 2025-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990EZ 2024-07-01 351967721 SOUTHERN HILLS HOUSING CORPORATION D/B/A CLIFFORD BIERS HOMES SOUT 8122061344 609 EAST MAIN STREET DOOR 9 NEW ALBANY IN 47150 NICK CLARK SECRETARY/TREASURER 8122061344 2025-11-12 1 0 EVAN C FLESCHNER P01853848 3178485700 2024 2025-03-06 01:10:19Z X N/A X X 42484 X 8069 34108 18 289 42484 10388 22905 16562 49855 -7371 -296793 0 -304164 X 2038 1976 41791 38310 12283 14017 56112 54303 352905 358467 -296793 -304164 X SOUTHERN HILLS HOUSING CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 10 UNIT GROUP HOME IN JASPER, INDIANA, KNOWN AS CLIFFORD BIERS HOMES , PURSUANT TO SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHICH GOVERNS THE OPERATION OF THE PROPERTY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT. THE PRAC IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS). SOUTHERN HILLS HOUSING CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 10 UNIT GROUP HOME IN JASPER, INDIANA, KNOWN AS CLIFFORD BIERS HOMES , PURSUANT TO SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990, AS AMENDED. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WHICH GOVERNS THE OPERATION OF THE PROPERTY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. IN ADDITION, THE CORPORATION HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT. THE PRAC IS A RENT ASSISTANCE PROGRAM FOR LOW INCOME FAMILIES (OR PERSONS). 0 19423 19423 JOE KIMMEL PRESIDENT 0.20 0 0 0 JEFFERY CALDWELL VICE PRESIDENT (RESIGNED 3/6/25) 0.20 0 0 0 NICK CLARK SECRETARY/TREASURER 1.75 0 0 0 RENEE BAINES VICE PRESIDENT (EFFECTIVE 5/5/25) 0.20 0 0 0 BETH KEENEY MEMBER 0.20 0 0 0 DARNELL JACKSON MEMBER 0.20 0 0 0 JEANA BATEMAN MEMBER 0.20 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IN STEVE HUFF 609 EAST MAIN STREET DOOR 9 NEW ALBANY IN 47150 8122061344 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 5591 6362 7088 10300 8069 37410 32109 37754 33585 31188 34108 168744 37700 44116 40673 41488 42177 206154 0 0 0 206154 7 7 19 16 18 67 7 7 19 16 18 67 229 209 71 258 289 1056 37936 44332 40763 41762 42484 207277 0.99460 0.98630 0.00030 0.00030 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 18. TOTAL TO FORM 990-EZ, LINE 14: 22,905. FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: OTHER INCOME. AMOUNT: 289. FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION. AMOUNT: 3,482. DESCRIPTION: OTHER EXPENSES. AMOUNT: 19,423. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: MANAGEMENT COMPANY EMPLOYEE CHARGEB. AMOUNT: 12,000. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,927. DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 1,104. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 364. DESCRIPTION: ADVERTISING. AMOUNT: 167. TOTAL TO FORM 990-EZ, LINE 16: 16,562. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,498. END OF YEAR AMOUNT: 2,516. DESCRIPTION: RESERVE FOR REPLACEMENTS. BEG. OF YEAR AMOUNT: 7,282. END OF YEAR AMOUNT: 9,996. DESCRIPTION: RESIDUAL RECEIPTS. BEG. OF YEAR AMOUNT: 2,503. END OF YEAR AMOUNT: 1,505. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENS. BEG. OF YEAR AMOUNT: 16,916. END OF YEAR AMOUNT: 22,463. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 2,689. END OF YEAR AMOUNT: 2,704. DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 333,300. END OF YEAR AMOUNT: 333,300. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.