2025-07-03T23:56:05-05:00 2024-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-01-01 561058563 TRINITY BUILDING CORPORATION TRIN 9803762238 809 CARRIELAND DRIVE GREENSBORO NC 27405 DR DAVID CARMON CHAIRMAN 3366746889 2025-07-03 1 0 CASEY H PATTERSON P01281279 3362944494 2025-06-12 2024 2025-03-06 01:10:19Z X TRINITY GARDEN APARTMENTS DR DAVID CARMON 4805 OLDE FOREST DRIVE GREENSBORO NC 27406 1243982 0 X N/A X 1970 NC THE ENTITY PROVIDES AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS. 11 11 0 12 0 0 105045 111760 1131394 1128464 2593 3165 50 593 1239082 1243982 0 0 0 0 0 0 0 0 0 1344286 1340706 1344286 1340706 -105204 -96724 7613167 7364517 9855818 9703892 -2242651 -2339375 THE ENTITY PROVIDES AFFORDABLE HOUSING TO LOW INCOMEINDIVIDUALS. 0 0 1286522 1129057 THE ENTITY PROVIDES LOW INCOME AND AFFORDABLE HOUSING TO THE COMMUNITY AS REGULATED BY SECTION 236 OF THE NATIONAL HOUSING ACT ISSUED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 1286522 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 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 X PRESKEN MANAGEMENT LLC 9803762238 8718 CHALLENGER DRIVE CHARLOTTE NC 28213 X MRS JOHNNIE M BASKIN VICE CHAIRMAN 1.00 X X 0 0 0 DR DAVID CARMON CHAIRMAN 2.00 X X 0 0 0 MS MASHALLE MCKESSON DIRECTOR 1.00 X 0 0 0 MR ERNEST K FULTON DIRECTOR 1.00 X 0 0 0 DR DOROTHY K COLSON DIRECTOR 1.00 X 0 0 0 MR LENNITT A BLIGEN DIRECTOR 1.00 X 0 0 0 MR MICHAEL SHAW DIRECTOR 1.00 X 0 0 0 MRS ELIZABETH JAMES DIRECTOR 1.00 X 0 0 0 DR DARAN H MITCHELL DIRECTOR 1.00 X 0 0 0 MR HAROLD FIELDS DIRECTOR EMERITUS 1.00 X 0 0 0 DR TIMOTHY FREEMAN DIRECTOR 1.00 X 0 0 0 WELTON T JUDD JR DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 111760 111760 TENANT RENTAL PAYMENTS 531110 1115805 1115805 TENANT CHARGES 531110 12659 12659 1128464 3165 3165 MISCELLANEOUS REVENUE 531110 593 593 593 1243982 1129057 0 3165 X 97100 97100 1036 1036 39422 39422 16983 16983 152472 152472 248342 248342 277998 277998 78040 78040 PAYROLL REIMBURSEMENT 83049 83049 CONTRACTS 63781 63781 MANAGER SALARIES REIMBU 60152 60152 OFFICE SALARIES REIMBUR 50726 50726 171605 156843 14762 1340706 1286522 54184 0 72705 61523 588699 638920 35893 19768 57808 64242 10451518 4089111 6633691 6362407 224371 217657 7613167 7364517 53723 39489 25202 18960 9451778 9302996 325115 342447 9855818 9703892 X -2242651 -2339375 -2242651 -2339375 7613167 7364517 -96724 0 X 0 1 X 0 1 1 X 99488 103529 101259 105045 111760 521081 1067663 1077999 1113008 1131444 1129057 5519171 1167151 1181528 1214267 1236489 1240817 6040252 0 0 0 6040252 787 346 595 2593 3165 7486 787 346 595 2593 3165 7486 1167938 1181874 1214862 1239082 1243982 6047738 0.99880 0.99910 0.00120 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 226600 226600 9060849 3316458 5744391 661112 556872 104240 502957 215781 287176 6362407 TENANT SECURITY DEPOSITS 81203 ACCRUED INTEREST - FLEX LOAN 261244 342447 X 1243982 0 1243982 0 1243982 1340706 0 1340706 0 1340706 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 THE YEAR ENDED DECEMBER 31, 2024. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO PRESKEN MANAGEMENT, LLC. THE AFFORDABLE HOUSING APARTMENT COMPLEX IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. THE MANAGEMENT COMPANY 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 PRESENTED TO THE BOARD MEMBERS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MORTGAGE INSURANCE PREMIUM: PROGRAM SERVICE EXPENSES 36,383. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,383. SUPPLIES: PROGRAM SERVICE EXPENSES 29,662. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,662. SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 28,570. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,570. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 25,085. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,085. GARBAGE & TRASH REMOVAL: PROGRAM SERVICE EXPENSES 22,696. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,696. MISC. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,762. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,762. OTHER RENTING EXPENSES: PROGRAM SERVICE EXPENSES 11,447. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,447. BAD DEBTS: PROGRAM SERVICE EXPENSES 2,971. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,971. MISCELLANEOUS FINANCIAL EXPENSES: PROGRAM SERVICE EXPENSES 29. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29.