2026-08-14T16:58:34-04:00 2025-09-30 010729456 ARTHUR S GUNN LTD 900 SKOKIE BLVD STE 207 NORTHBROOK IL 600624031 990 2024-10-01 363998606 820 W BELLE PLAINE COOPERATIVE 820W 3126441055 820 W BELLE PLAINE 210 CHICAGO IL 60613 LASUN OMOTUNWASHE PRESIDENT 3126441055 2026-08-13 true false ARTHUR S GUNN CPA P00024970 8476071040 2026-08-14 2024 2025-03-06 01:10:19Z LASUN OMOTUNWASHE 820 W BELLE PLAINE 210 CHICAGO IL 60613 2357995 false X X 1996 IL TO PROVIDE AFFORDABLE HOUSING FOR ELIGIBLE LOW-INCOME TENANTS 7 7 7 7 0 0 2305470 2299854 22534 16769 37620 41372 2365624 2357995 0 0 560203 568856 0 0 2092718 2295616 2652921 2864472 -287297 -506477 5137811 4673365 511726 553757 4626085 4119608 TO PROVIDE AFFORDABLE HOUSING FOR ELIGIBLE LOW-INCOME TENANTS false false 2371522 2299854 THE PROJECT PROVIDES AFFORDABLE HOUSING TO ELIGIBLE LOW-INCOME TENANTS. TENANTS PAY A PORTION OF THE RENT BASED ON THEIR ABILITY TO PAY AS DETERMINED PURSUANT TO HUD GUIDELINES. 2371522 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 false false false false false false false false false false false false false false true 13 0 7 true false false false false false false false false false false false false X 7 7 false true false false false true false true true false false true true true true false true true true false IL X X PRARIE MANAGEMENT AND DEVELOPMENT 3126441055 333 N MICHIGAN AVE STE 1700 CHICAGO IL 60601 X HILDA LAINJO VICE PRESIDE 4.00 X X 0 0 0 VERA LEKAKH 1ST ASSIST S 4.00 X X 0 0 0 CELESTIN NOUNKWA TREASURER 4.00 X X 0 0 0 LASUN OMOTUNWASHE PRESIDENT 4.00 X X 0 0 0 IZABELA OZGA-ATCZYLO SECRETARY 4.00 X X 0 0 0 CAROLYN PHIPPS ASSISTANT TR 4.00 X X 0 0 0 SCOTT UDSTUEN 2ND ASSIST S 4.00 X X 0 0 0 false false false PRARIE MANAGEMENT AND DEVELOPMENT 333 N MICHIGAN AVE SUITE 1700 CHICAGO IL 60601 MANAGEMENT 269957 GOLD FORCE SECURITY SOLUTIONS 980 N MICHIGAN AVE STE 1400 CHICAGO IL 60611 SECURITY 219345 LANDMARK RESTORATION 7345 W TALCOTT CHICAGO IL 60631 MASONRY CONTRAC 118000 3 TENANT RENTS, NET 531110 1873477 1873477 SECTION 8 531110 393647 393647 OTHER TENANT REVENUE 531110 32730 32730 2299854 16769 16769 ASSET MANAGEMENT FEE 900099 41372 41372 41372 2357995 2341226 16769 X 414512 414512 121055 121055 33289 33289 230500 230500 9353 9353 39635 39635 694 694 31041 31041 14 14 231249 231249 213913 213913 UTILITIES 477144 477144 CONTRACTS AND REPAIRS 246965 246965 SECURITY & PROTECTION 243674 243674 ENTITY 222815 222815 348619 348619 2864472 2371522 492950 0 168437 184345 146153 33359 101417 122274 23741439 20852414 2966289 2889025 61425 11000 1694090 1433362 5137811 4673365 389096 416606 4621 18631 118009 118520 511726 553757 X 4626085 4119608 4626085 4119608 5137811 4673365 -506477 X false true X true false X 2376127 2263288 2427555 2343090 2341226 11751286 2376127 2263288 2427555 2343090 2341226 11751286 11751286 329 1826 21143 22534 16769 62601 329 1826 21143 22534 16769 62601 2376456 2265114 2448698 2365624 2357995 11813887 0.99290 0.99050 0.01000 0.01000 X 408000 408000 22956975 20540960 2416015 304239 278617 25622 72225 32837 39388 2889025 REPLACEMENT RESERVE 703956 RESIDUAL RECEIPTS 361194 TAX AND INSURANCE ESCROWS 237879 TENANT SECURITY DEPOSITS 120333 PAYROLL ACCOUNT DEPOSITS 7000 CONSTRUCTION IN PROGRESS 3000 1433362 SECURITY DEPOSITS 118520 118520 X 2357995 2357995 2357995 2864472 2864472 2864472 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2025. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION RETURNS US FORM 990, FOR THE YEARS ENDING SEPTEMBER 30, 2022, 2023 AND 2024 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION HAS NOT BEEN NOTIFIED OF ANY FEDERAL OR STATE EXAMINATIONS, AND THEREFORE, ALL TAX YEARS PRIOR TO OCTOBER 1, 2021 ARE CONSIDERED CLOSED. THE TAX RETURN FOR THE YEAR ENDED SEPTEMBER 30, 2025 IS ON EXTENSION AND DUE ON AUGUST 17, 2026. FORM 990, PAGE 6, PART VI, LINE 3 DAY TO DAY PROPERTY MANAGEMENT OF HUD PROPERTY TO PRAIRIE MANAGEMENT AND DEVELOPMENT, INC. THE GOVERNING BODY MEETS ON A MONTHLY BASIS TO REVIEW TRANSACTIONS AND FINANCIAL STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE TENANTS OF THE HOUSING PROJECT. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT COMPANY PROVIDES THE FORM 990 TO KEY DIRECTORS/OFFICERS FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C MONITORED BY THE BOARD AND DISCUSSED AT MONTHLY MEETING IF APPLICABLE. FORM 990, PAGE 6, PART VI, LINE 15A THERE IS NO COMPENSATION FOR INDIVIDUALS, BUT COMPENSATION FOR THE MANAGEMENT COMPANY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B BOARD OF DIRECTORS REVIEWS MANAGEMENT AGREEMENT BETWEEN ORGANIZATION AND MANAGING AGENT AND APPROVES THE ANNUAL BUDGET. FORM 990, PAGE 6, PART VI, LINE 19 ON REQUEST-AVAILABLE FROM MANAGING AGENT. 990 IS AVAILABLE ON GUIDESTAR, AND CAN BE MADE AVAILABLE ON REQUEST FROM MANAGEMENT COMPANY. FORM 990, PART IX, LINE 24E REAL ESTATE TAXES 199,267 0 0 MISCELLANEOUS 149,352 0 0 TOTAL 348,619 0 0