2025-02-15T08:09:17-06:00 2024-03-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-04-01 582031009 BULLOCKMCLEOD HOUSING INC BULL 7576223969 700 ARCENIA HINES DRIVE ROCKY MOUNT NC 27803 DIANE NEWELL PRESIDENT 7576223969 2025-01-29 1 0 JACOB A SOWERS P01712829 3178485700 2023 2025-03-06 01:10:19Z DIANE NEWELL 700 ARCENIA HINES DRIVE ROCKY MOUNT NC 27803 285772 0 X N/A X 1992 NC BULLOCK/MCLEOD HOUSING, INC., A NORTH CAROLINA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 48-UNIT APARTMENT COMMUNITY IN ROCKY MOUNT, NORTH CAROLINA, KNOWN AS BULLOCK MCLEOD APARTMENTS, 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 COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. THE CORPORATION LEASES APARTMENT UNITS TO LOW INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS. 4 4 0 0 0 0 158689 155400 108399 124664 -73 4807 1318 901 268333 285772 0 0 0 0 0 0 0 0 0 326027 324219 326027 324219 -57694 -38447 979939 932263 2408119 2398890 -1428180 -1466627 X BULLOCK/MCLEOD HOUSING, INC., A NORTH CAROLINA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 48-UNIT APARTMENT COMMUNITY IN ROCKY MOUNT, NORTH CAROLINA, KNOWN AS BULLOCK MCLEOD APARTMENTS, 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 COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. THE CORPORATION LEASES APARTMENT UNITS TO LOW INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS. 0 0 216421 124664 BULLOCK/MCLEOD HOUSING, INC., A NORTH CAROLINA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 48-UNIT APARTMENT COMMUNITY IN ROCKY MOUNT, NORTH CAROLINA, KNOWN AS BULLOCK MCLEOD APARTMENTS, 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 COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. THE CORPORATION LEASES APARTMENT UNITS TO LOW INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS. 216421 1 1 0 0 0 0 0 0 0 0 1 1 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 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 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 J GLOSTEN PRESIDENT 0.50 X X 0 0 0 MARY JANE NEWSOME CHAIRPERSON 0.50 X X 0 0 0 MARCELLA R GREEN SECRETARY 0.50 X X 0 0 0 MARY RAMBERT MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 155400 155400 RENTAL INCOME 531110 124664 124664 124664 4807 4807 TENANT CHARGES 531110 579 579 OTHER REVENUE-MISC. 531110 322 322 901 285772 124664 0 5708 42565 42565 33 33 5992 5992 15 15 6402 6402 2684 2684 165576 165576 536 536 1450 1450 50688 50688 1411 1411 MTG CO EMPLOYEE CHARGEB 46710 46710 BAD DEBTS 157 157 324219 216421 107798 0 18186 3412 595 2267 3605 4323 2209980 1434958 825709 775022 117754 131852 14090 15387 979939 932263 22283 10029 752 2723 2368100 2368100 16984 18038 2408119 2398890 X -1428180 -1466627 -1428180 -1466627 979939 932263 -38447 0 X X 0 1 X 1 1 1 X 144765 167281 159745 158689 155400 785880 93201 93451 94841 108399 124664 514556 237966 260732 254586 267088 280064 1300436 0 0 0 1300436 460 122 46 1432 4807 6867 460 122 46 1432 4807 6867 389 489 2002 1318 901 5099 238815 261343 256634 269838 285772 1312402 0.99090 0.99430 0.00520 0.00200 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109755 109755 2027487 1362220 665267 60603 60603 0 12135 12135 0 775022 MORTGAGE ESCROW DEPOSITS 13633 C RESERVE REPLACEMENT FUND 117343 C RESIDUAL RECEIPTS 876 C 131852 SECURITY DEPOSITS 15004 ACCRUED WAGES PAYABLE 2809 ACCRUED PAYROLL TAXES PAYABLE 225 18038 X 285772 0 285772 0 285772 326036 1817 1817 324219 0 324219 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 XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 1,817. FORM 990, PART VI, SECTION A, LINE 3 BULLOCK MCLEOD HOUSING, INC. IS MANAGED BY COMMUNITY MANAGEMENT CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. COMMUNITY MANAGEMENT CORPORATION HAS A PROJECT OWNER'S & MANAGEMENT CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION HUD HAS APROVED COMMUNITY MANAGEMENT CORPORATION TO MANAGE THE BULLOCK MCLEOD HOUSING COMPLEX. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS ARE APPOINTED BY THE SPONSOR OF THE ORGANIZATION, UNITED ORDER OF TENTS. THE SPONSOR ALSO SHALL HAVE THE POWER TO FILL THE VACANCY CREATED UPON THE DEATH OR RESIGNATION OF A MEMBER APPOINTED BY SUCH SPONSOR PRIOR TO THE EXPIRATION OF THE TERM TO WHICH HE OR SHE WAS APPOINTED. 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 THIER 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. 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, 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