2025-10-29T17:15:10-05:00 2024-12-31 860750225 Keegan Linscott & Associates PC 3443 N Campbell Avenue Suite 115 Tucson AZ 85719 990 2024-01-01 861008290 Fort Defiance Housing Corporation FORT 5058210193 8500 Menaul Blvd NE A220 Albuquerque NM 87112 Shelby Garcia CEO 5058210193 2025-10-28 1 1 Carla J Keegan P00596839 5208840176 2024 2025-03-06 01:10:19Z Sandstone Housing Shelby Garcia 8500 Menaul Blvd NE A220 Albuquerque NM 87112 5657106 0 X sandstonehousing.com X 1969 AZ To assist low and middle income families with safe, healthy and affordable housing opportunities. 6 6 50 1 0 0 0 0 5028287 5615483 -115428 1032 586806 40591 5499665 5657106 0 0 0 0 2073213 2023110 0 0 0 5218932 5048183 7292145 7071293 -1792480 -1414187 22134849 20186479 14805033 17287554 7329816 2898925 Our mission is to provide safe, healthy, and affordable housing for low-income to moderate-income families on the Navajo Nation. Our goal is to work together with the members of the Navajo Nation to help improve their overall quality of living. 0 0 6463510 5656074 Fort Defiance Housing Corporation was established to provide low income housing to individuals of low to moderate income levels. Rent assistance is received through HUD Section 8 Rental Assistance Program. Fort Defiance Housing Corporation has built several low income housing complexes, which are available with an Indian Development Block Grant through the Navajo Housing Authority and HUD. There has been no ongoing construction since 2004. 6463510 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 1 0 0 0 0 1 18 0 1 50 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 0 0 0 0 X X The Organization 5058210193 8500 Menaul Blvd NE A220 Albuquerque NM 87112 Timothy Begay Board Member 1.00 X 9540 0 0 Starla Yellowman Board Secretary 1.00 X X 1800 0 0 Tracy Alexis Board Member 1.00 X 1800 0 0 David McLeod Board Member 1.00 X 1800 0 0 Nathanial Brown Board Member 1.00 X 1350 0 0 Russell Tanzer Board Chairman 1.00 X X 0 0 0 Shelby Garcia CEO 50.00 X 95486 0 36930 111776 0 36930 0 0 0 0 0 Rental Income 531110 4368008 4368008 Tenant Subsidy Assista 531110 1420988 1420988 Utility Income 531110 647067 647067 Other Tenant Charges 531110 89794 89794 Late Charges 531110 52238 52238 -962612 -962612 5615483 1032 1032 Other Income 900099 40591 40591 40591 5657106 5656074 0 1032 148706 120253 28453 1687099 1398553 288546 9512 8469 1043 177793 158294 19499 23420 21705 1715 131278 121668 9610 78759 72993 5766 920 543 377 161125 113144 47981 43588 43588 73263 65435 7828 3339 1972 1367 196032 179806 16226 2667984 2629389 38595 281740 215030 66710 Utilities 529434 529434 Repairs and Maintenance 391523 388773 2750 Garbage and Trash Remov 274348 274197 151 Bad Debt Expense 91091 91091 100339 72761 27578 7071293 6463510 607783 0 931035 1387826 144303 171885 86015997 68924039 19759942 17091958 1299569 1534810 22134849 20186479 219694 104304 61294 52373 13755627 13393150 768418 3737727 14805033 17287554 X 7329816 2898925 7329816 2898925 22134849 20186479 X -1414187 -3016700 -4 X 0 1 X 1 1 1 X 27211 667396 694607 4410935 4383538 4917906 5028287 5615483 24356149 4438146 5050934 4917906 5028287 5615483 25050756 0 0 0 25050756 122 104 118 1167 1032 2543 122 104 118 1167 1032 2543 2912 2726553 1897 586806 40591 3358759 4441180 7777591 4919921 5616260 5657106 28412058 0.88170 0.87790 0.00010 0.00010 X Schedule A, Part III, Line 12, Explanation of Other Income: Other Income - 2020 Amount: $ 2,912. 2021 Amount: $ 1,773. 2022 Amount: $ 1,897. 2023 Amount: $ 2,717. 2024 Amount: $ 40,591. Forgiveness of Debt - 2021 Amount: $ 2,724,780. ERC Adj to Income Earned in Prior Years - 2023 Amount: $ 584,089. 76861787 60115760 16746027 3958304 3726050 232254 5195906 5082229 113677 17091958 Replacement and Mortgage Reserves 1307616 Prepaid Expenses and Other Assets 808 Security Deposits 113224 Tenant Assistance A/R 53245 Operating Lease Right of Use Asset 59917 1534810 Tenants Security Deposit 180327 EIDL Loan 478031 Operating Lease Liabilities 62669 Litigation Contingent Liability 3016700 3737727 X 5657106 0 5657106 0 5657106 7071293 0 7071293 0 7071293 Part X, Line 2: FDHC is a Section 501(c)(3) exempt from taxation under the Internal Revenue Code ("IRC") section 501(a) and classified as other than a private foundation under IRC section 509(a)(1). Accordingly, no provision is made in the accompanying consolidated financial statements for federal and state income taxes. Income from certain activities not directly related to FDHC's tax exempt purpose, however, may be subject to taxation as unrelated business income. Management is not aware of any matters which would cause FDHC to lose its tax-exempt status. FDLP was organized as a single-member limited liability company and its taxable income or loss is reflected in FDHC's (sole member) exempt organization tax returns. FDLP is not required to file and does not file returns as it is considered a disregarded entity for tax purposes. Management has considered its tax positions and believes that all of the positions taken in its federal and state tax returns are more likely than not to be sustained upon examination. The Organization's returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed. The Organization recognizes interest and penalties related to unrecognized tax benefits in miscellaneous expenses in the accompanying consolidated financial statements. During the years ended December 31, 2024 and 2023, the Organization did not recognize any interest and penalties. Part X, Line 1.(5) Litigation Contingent Liability - In October 2024, the Organization filed a Motion for Reconsideration to set aside the entry of default with the District Court of the Navajo Nation. Form 990, Part VI, Section B, line 11b The tax return is reviewed by the Board of Directors prior to being signed by the CEO. Form 990, Part VI, Section B, line 12c The Board of Directors monitors and enforces compliance with the conflict of interest policy. Form 990, Part VI, Section C, line 19 Copies of the governing documents, including the conflict of interest policy and financial statements are available upon request. Form 990, Part XI, line 9: Rounding -4. Part XI, Line 8: In September of 2024, a Default Judgement and Order was issued against the Organization in the amount of $3,016,700. This information was not yet available by the 2023 Form 990 extended filing due date. Fort Defiance Ltd 6200 Seagull NE Suite D Albequerque NM 87109 850447664 Real Estate Rentals NM 301295 3032005 Fort Defiance Housing Corporation