2025-02-14T09:11:45-05:00 2024-09-30 352110134 CHRISTEN SOUERS LLC 10347 DAWSONS CREEK BLVD STE C FORT WAYNE IN 468251905 990 2023-10-01 860344610 TANNER TERRACE INC TANN 6022431036 700 E JEFFERSON STREET SUITE 230 PHOENIX AZ 85034 LC DEMON CAREY PRESIDENT 6022431036 2025-02-13 true false ANNA M COLLINS CPA P01257772 2604840653 2025-02-13 2023 2025-03-06 01:10:19Z LC DEMON CAREY 700 E JEFFERSON STREET SUITE 230 PHOENIX AZ 85034 1701254 false X X 1977 AZ TANNER TERRACE PROVIDES AFFORDABLE HOUSING FOR LOW INCOME ELDERLY RESIDENTS. 11 11 8 0 0 1565814 1693036 257 285 958105 7933 2524176 1701254 0 0 367947 172027 0 0 2045697 1505435 2413644 1677462 110532 23792 1463961 1499739 1969844 1981830 -505883 -482091 TANNER TERRACE PROVIDES AFFORDABLE HOUSING FOR LOW INCOME ELDERLY RESIDENTS. false false 1404488 1693036 PROVIDING AFFORDABLE HOUSING FOR LOW INCOME ELDERLY RESIDENTS. 1404488 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false true 23 0 true 8 true false false false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true false true true true true false X TANNER PROPERTIES INC 6022431036 700 E JEFFERSON ST SUITE 230 PHOENIX AZ 85034 X VIRGIL JACKIE BERRY TREASURER 1.00 X X 0 0 0 KERWIN BROWN VICE PRESIDE 1.00 X X 0 0 0 LC DEMON CAREY PRESIDENT 1.00 X X 0 0 0 MICHAEL DEAN DIRECTOR 1.00 X 0 0 0 ADORA GRIFFIN DIRECTOR 1.00 X 0 0 0 THERESA HALE SECRETARY 1.00 X X 0 0 0 LEAH LANDRUM-TAYLOR DIRECTOR 1.00 X 0 0 0 DR LOTTIE LECIAN DIRECTOR 1.00 X 0 0 0 PHYLLIS RODRIGUEZ DIRECTOR 1.00 X 0 0 0 JACQUELYN TOLIVER DIRECTOR 1.00 X 0 0 0 TERESA TONEY DIRECTOR 1.00 X 0 0 0 false false false HUD TENANT ASSISTANCE 531110 1039195 1039195 TENANT RENTS 531110 653841 653841 1693036 285 285 LAUNDRY & VENDING INCOME 812900 5040 5040 TENANT CHARGES 812900 2338 2338 OTHER INCOME 900099 555 555 7933 1701254 1700969 285 119984 119984 24076 24076 27967 27967 2923 2923 51757 51757 4088 4088 90114 90114 795563 795563 50536 50536 70993 70993 366532 366532 ELDERLY CARE EXPENSES 65388 65388 BAD DEBTS 3760 3760 MISC TAXES/LICENSES/PERMI 3433 3433 MISC ADM EXPENSES 348 348 1677462 1404488 272974 0 60378 2927 572 15629 291679 6442131 5623357 757982 818774 645029 370730 1463961 1499739 35273 83032 8000 1928500 1881882 6071 8916 1969844 1981830 X -505883 -482091 -505883 -482091 1463961 1499739 23792 X false true X true true true X 869246 869246 567039 1449716 1371542 1571846 1700969 6661112 1436285 1449716 1371542 1571846 1700969 7530358 7530358 280 222 478 257 285 1522 280 222 478 257 285 1522 243804 952073 1195877 1436565 1449938 1615824 2524176 1701254 8727757 0.86280 0.83450 0.00000 0.00000 X PART III, LINE 12 FIRE INSURANCE PROCEEDS 1,195,877 286483 286483 5312071 5081668 230403 843577 541689 301888 818774 REPLACEMENT RESERVE 270030 TENANT DEPOSITS 42983 ESCROW DEPOSITS 42763 RIGHT OF USE ASSETS 14954 370730 TENANT DEPOSITS 40299 RIGHT OF USE LEASE LIABILITIES 14954 UNAMORTIZED DEBT ISSUE COSTS -46337 8916 X 1701254 1701254 1701254 1677462 1677462 1677462 SCHEDULE D, PAGE 3, PART X THE CORPORATION HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENTS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE CORPORATION RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. IF THE SITUATION AROSE IN WHICH THE CORPORATION WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE CORPORATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE CORPORATION BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE CORPORATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. TANNER PROPERTIES INC SAME BOARD OF DIRECT OPERATING ADVANCES X 8000 8000 false true false 8000 FORM 990, PAGE 6, PART VI, LINE 11B PRESIDENT WILL REVIEW PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 15A ORGANIZATION REVIEWS COMPARABLE PAY FOR SIMILAR POSITIONS WITHIN THE INDUSTRY BASED UPON EXPERIENCE AND LOCATIONS, IN ORDER TO ACCURATELY CALCULATE REASONABLE PAY. FORM 990, PAGE 6, PART VI, LINE 15B ORGANIZATION REVIEWS COMPARABLE PAY FOR SIMILAR POSITIONS WITHIN THE INDUSTRY BASED UPON EXPERIENCE AND LOCATIONS, IN ORDER TO ACCURATELY CALCULATE REASONABLE PAY. FORM 990, PAGE 6, PART VI, LINE 19 INFORMATION AVAILABLE UPON WRITTEN REQUEST.