2025-02-15T07:37:40-06:00 2024-03-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-04-01 541702741 ANNETTA M LANE HOUSING INC ANNE 7576223969 1620 CHURCH ST NORFOLK VA 23504 DIANE NEWELL PRESIDENT 7576223969 2025-01-29 1 1 JACOB A SOWERS P01712829 3178485700 2023 2025-03-06 01:10:19Z DIANE NEWELL 1620 CHURCH ST NORFOLK VA 23504 392601 0 X N/A X 1994 VA ANNETTA M. LANE, INC., A VIRGINIA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO OWN AND OPERATE A 40-UNIT APARTMENT COMMUNITY IN NORFOLK, VIRGINIA, KNOWN AS ANNETTA M. LANE, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS. 6 6 0 0 0 0 241278 230866 122809 142925 371 15605 3212 2140 367670 391536 0 0 0 0 0 0 0 0 0 369163 363949 369163 363949 -1493 27587 1031283 1033338 2050098 2024566 -1018815 -991228 X ANNETTA M. LANE, INC., A VIRGINIA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO OWN AND OPERATE A 40-UNIT APARTMENT COMMUNITY IN NORFOLK, VIRGINIA, KNOWN AS ANNETTA M. LANE, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS. 0 0 234821 141860 ANNETTA M. LANE, INC., A VIRGINIA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO OWN AND OPERATE A 40-UNIT APARTMENT COMMUNITY IN NORFOLK, VIRGINIA, KNOWN AS ANNETTA M. LANE, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS. 234821 1 1 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 1 0 1 1 0 0 1 0 0 1 0 0 0 X LAURA GRIMES 3367650424 PO BOX 25168 WINSTONSALEM NC 271445168 X X LODIES GLOSTON PRESIDENT 0.50 X X 0 0 0 ZORITA CORBETT-ROANE VICE PRESIDENT 0.50 X X 0 0 0 GLORIA P JOYNER SECRETARY 0.50 X X 0 0 0 DORETTA GILLIAM CHAPLAIN 0.50 X 0 0 0 MARY ANN RAMBERT ASSISTANT SECRETARY 0.50 X 0 0 0 MARY JANE NEWSOME MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 230866 230866 RENTAL INCOME 531110 142925 142925 142925 16670 16670 1065 -1065 -1065 -1065 LAUNDRY & VENDING 531110 2038 2038 OTHER REVENUE-MISC. 531110 102 102 2140 391536 141860 0 18810 52774 52774 27 27 6442 6442 228 228 10027 10027 1518 1518 188709 188709 9 9 1980 1980 46011 46011 496 496 MTG CO EMPLOYEE CHARGEB 55627 55627 BAD DEBTS 101 101 363949 234821 129128 0 30227 17251 1677 0 1988622 1390642 634156 597980 351739 402795 13484 15312 1031283 1033338 33860 11316 348 100 1993700 1993700 22190 19450 2050098 2024566 X -1018815 -991228 -1018815 -991228 1031283 1033338 27587 0 X X 0 1 X 1 1 1 X 231619 262425 246509 241278 230866 1212697 231619 262425 246509 241278 230866 1212697 1212697 412 119 137 2731 16670 20069 2865 3522 2998 3212 2140 14737 1247503 583616 0.97210 0.98430 X SCHEDULE A, PART II, LINE 10: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. INCLUDED ON PAGE 9 LINE 7C IS A LOSS ON DISPOSAL OF DEPRECIABLE ASSETS OF $1,065. THE LOSS IS NOT BEING INCLUDED ON SCHEDULE A, PART II, LINE 10 BECAUSE IT DOES NOT MEET THE DEFINITION OF SUPPORT AS DEFINED IN SECTION 509(D) OF THE INTERNAL REVENUE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 50000 1778352 1235234 543118 160270 155408 4862 597980 MORTGAGE ESCROW DEPOSITS 18592 C RESERVE REPLACEMENT FUND 383370 C RESIDUAL RECEIPTS 833 C 402795 SECURITY DEPOSITS 15110 ACCRUED WAGES PAYABLE 4340 19450 X 392601 1065 1065 391536 0 391536 365581 1632 1632 363949 0 363949 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX, AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL 1,065. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL 1,065. BOOK TO TAX DIFFERENCE IN DEPRECIATION EXPENSE 567. FORM 990, PART VI, SECTION A, LINE 3 ANNETTA M. LANE HOUSING, INC. IS MANAGED BY COMMUNITY MANAGEMENT CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. COMMUNITY MANGEMENT CORPORATION HAS A PROJECT OWNER'S & MANAGEMENT CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED COMMUNITY MANAGEMENT CORPORATION TO MANAGE THE ANNETTA M. LANE PROPERTY. FORM 990, PART VI, SECTION A, LINE 6 THE DIRECTORS OF THE CORPORATION SHALL AT ALL TIMES BE LIMITED TO AND SHALL CONSTITUTE INDIVIDUALS WHO ARE ALSO MEMBERS OF THE UNITED ORDER OF TENTS, THE SPONSORING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS OF THE CORPORATION SHALL BE LIMITED TO AND SHALL CONSTITUTE THE SAME MEMBERS AS THE BOARD OF DIRECTORS OF THE UNITED ORDER OF TENTS. DIRECTORS SHALL BE ELECTED AT THE SAME TIME THAT THE DIRECTORS OF UNITED ORDER OF TENTS ARE ELECTED. FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE INDEPENDENT ACCOUNTANT FORWARDS A DRAFT OF FORM 990 TO THE MANAGEMENT COMPANY, WHICH IN TURN DISPERSES A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. UPON BOARD APPROVAL, THE BOARD PRESIDENT NOTIFIES THE MANAGEMENT COMPANY TO COMMUNICATE APPROVAL TO THE OUTSIDE ACCOUNTANT, WHICH ISSUES A FINAL RETURN FOR THE BOARD PRESIDENT TO SIGN AND FILE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. FORM 990, PAGE 12, PART XII, LINE 2C THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. UNITED ORDER OF TENTS 1620 CHURCH STREET NORFOLK VA 23504 540413760 PROVIDING SHELTER FOR THE AGED AND HANDICAPPED VA 501(C)(3) LINE 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0