2025-07-15T16:58:41-05:00 2024-12-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2024-01-01 431905847 FAIRMOUNT PLAZA INC FAIR 8168614070 615 S HUTTIG AVENUE INDEPENDENCE MO 64053 GREG GILLIAM PRESIDENT 8168614070 2025-07-15 1 0 SAMUEL T BOERMA P00614373 8506500125 2024 2025-03-06 01:10:19Z GREG GILLIAM 2300 BLUE RIDGE TERRACE INDEPENDENCE MO 64052 455378 0 X N/A X 2000 MO PROVIDE LOW INCOME HOUSING FOR ELDERLY INDIVIDUALS. 10 10 0 0 0 0 0 0 414765 455294 73 84 0 0 414838 455378 0 0 0 0 117818 122010 0 0 0 368230 430965 486048 552975 -71210 -97597 2344496 2250047 39687 42835 2304809 2207212 PROVIDE LOW INCOME HOUSING FOR ELDERLY INDIVIDUALS. 0 0 491031 455294 THE CORPORATION OPERATES A 57-UNIT LOW INCOME HOUSING APARTMENT COMPLEX UNDER SECTION 202 AND SECTION 8 OF THE NATIONAL HOUSING ACT PROVIDING AFFORDABLE HOUSING FOR QUALIFYING ELDERLY INDIVIDUALS. 491031 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 X DALMARK MANAGEMENT GROUP LLC 8168614070 12220 STATE LINE ROAD LEAWOOD KS 66209 X WILLIAM A ROGERS PRESIDENT 1.60 X X 0 0 0 LINNETTE FERGUSON VICE PRESIDENT 1.60 X X 0 0 0 LARRY GERLING BOARD MEMBER 1.60 X 0 0 0 SHEILA MITCHELL BOARD MEMBER 1.60 X 0 0 0 JULIE WATTERSON BOARD MEMBER 1.60 X 0 0 0 GREG GILLIAM SECRETARY 1.60 X X 0 0 0 LENA REYNOLDS BOARD MEMBER 1.60 X 0 0 0 KATHY LIGGETT BOARD MEMBER 1.60 X 0 0 0 ADAIRE STEWART BOARD MEMBER 1.60 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 451219 451219 LAUNDRY AND VENDING 531110 4075 4075 455294 84 84 455378 455294 0 84 106477 106477 5695 5695 9838 9838 41983 41983 8578 8578 3995 3995 12369 12369 3197 3197 147885 147885 1935 1935 113615 113615 29404 29404 REPAIRS AND MAINTENANCE 55876 55876 MISCELLANEOUS ADMINISTR 6251 6251 BAD DEBT EXPENSE 3284 3284 SERVICE COORDINATOR 2384 2384 209 209 552975 491031 61944 0 3100 21437 87 18 25963 28291 4371501 2342731 2130862 2028770 184484 171531 2344496 2250047 20046 22104 19641 20731 39687 42835 X -1742891 -1840488 4047700 4047700 2304809 2207212 2344496 2250047 -97597 0 X X 0 1 X 1 1 1 X 408984 412681 412710 414765 455294 2104434 408984 412681 412710 414765 455294 2104434 0 0 0 2104434 115 93 88 73 84 453 115 93 88 73 84 453 409099 412774 412798 414838 455378 2104887 0.99980 0.99940 0.00020 0.00060 X 185300 185300 3890875 2106096 1784779 236188 210452 25736 59138 26183 32955 2028770 TENANT SECURITY DEPOSITS 21619 REPLACEMENT RESERVE 145607 ESCROW DEPOSITS 4305 171531 TENANT SECURITY DEPOSITS 20731 20731 X 455378 0 455378 0 455378 552975 0 552975 0 552975 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 DALMARK MANAGEMENT GROUP, LLC IS THE MANAGEMENT COMPANY FOR THE ORGANIZATION AND DALMARK IS CONTRACTED TO HANDLE ALL ACCOUNTING AND HUD COMPLIANCE FUNCTIONS FOR THE LOW-INCOME HOUSING APARTMENT PROJECT, FAIRMOUNT PLAZA. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO INDIVIDUAL OR SEPARATE COMMITTEES. THEY ONLY HAVE THE BOARD OF DIRECTORS, WHICH IS THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AFTER CPA COMPLETES THE FORM 990, THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS FOR THE ORGANIZATION REVIEW THE FORM 990 PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT ALL TIMES. TYPICALLY THE DOCUMENTS WOULD BE PROVIDED UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC WILLIAM A. ROGERS - 612 HARRIS, INDEPENDENCE, MO 64054. LINNETTE FERGUSON - 10209 E. 9TH, INDEPENDENCE, MO 64053. LARRY GERLING - 512 S. BROOKSIDE AVENUE, INDEPENDENCE, MO 64053. SHEILA MITCHELL - 17001 E. 3RD STREET, INDEPENDENCE, MO 64056. JULIE WATTERSON - 11702 E 21ST ST COURT S, INDEPENDENCE, MO 64050. GREG GILLIAM - 2300 BLUE RIDGE BLVD, INDEPENDENCE, MO 64052. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY, ALONG WITH THE MANAGEMENT COMPANY, FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.