2026-07-06T15:25:40-04:00 2026-03-31 621868414 FLEET FIRM 759 TEALWOOD LN CORDOVA TN 380186334 990 2025-04-01 710580292 SARAH DAISY GARDEN COURTS INC SARA 5012800037 212 S MAIN ST MALVERN AR 72104 MICHAEL HARELSON PRESIDENT 5012800037 2026-06-10 true NELSON K FLEET CPA P00121794 9013364602 2026-06-10 2025 2025-03-06 01:10:19Z MICHAEL HARELSON 212 S MAIN STREET MALVERN AR 72104 620685 false X X 1985 AR PROVIDE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. 3 3 0 0 0 600876 620293 451 392 0 601327 620685 0 0 136552 137717 0 0 551040 495841 687592 633558 -86265 -12873 1724514 1659325 1840219 1787903 -115705 -128578 PROVIDE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. false false 574410 392 PROVIDE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED UNDER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUIDELINES. 574410 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false true true true false false false false false false false false false true 7 0 0 false false false false false false false false X 3 3 false true false false false false false true true false false false true true true false false false false false X CARL SCHULTZ 5012800037 212 S MAIN STREET MALVERN AR 72104 X MICHAEL HARELSON PRESIDENT X X 0 0 0 GREGORY MAYS SECRETARY X X 0 0 0 CARL SCHULTZ TREASURER X X 0 0 0 false false false NET RENTAL REVENUE 531110 617697 617697 TENANT CHARGES 2596 2596 620293 392 392 620685 620293 392 127226 127226 10491 10491 42020 42020 892 892 16007 16007 8 8 11763 11763 36428 36428 1016 1016 70550 70550 146934 146934 88514 88514 CONTRACTS-GROUNDS 32500 32500 HEATING/COOLING REPAIRS/M 8833 8833 MATERIALS-REPAIR 8787 8787 APPLIANCES-STOVES/REFR. 8214 8214 23375 23270 105 633558 574410 59148 0 27441 45117 2159 4587 16007 16108 3250407 2184990 1189494 1065417 489413 528096 1724514 1659325 39151 27305 536 155 2044534 1980390 -244002 -219947 1840219 1787903 X -115705 -128578 -115705 -128578 1724514 1659325 -12873 X false true X true true true X 540590 550209 587888 600876 620293 2899856 540590 550209 587888 600876 620293 2899856 2899856 73 269 706 451 392 1891 73 269 706 451 392 1891 540663 550478 588594 601327 620685 2901747 0.99930 0.99940 0.00000 0.00000 X 253937 253937 2834124 2026194 807930 69205 65655 3550 93141 93141 1065417 RESERVE - WELLS FARGO 332548 WF SUSPENSE - RES. REC. 103168 INSURANCE ESCROW WELLS 45567 REPAIR ESCROW HOLDING 21663 SECURITY FSB 21460264 20008 MIP ESCROW WELLS 3342 MISCELLANEOUS OTHER ASSETS 1800 528096 AMORT. OF DEFERRED FIN. COSTS 241695 MISCELLANEOUS LT LIABILITIES 21663 TEN SECURITY DEPOSITS(CONTRA) 19195 DEFERRED FINANCING COSTS -502500 -219947 620685 620685 620685 633558 633558 633558 AR CONSOLIDATED PAYROLL PROCESSING TREASURER 179584 PAYROLL PROCESSOR false CERTIFIED HEAT AIR BROTHER OF TREA 7955 HVAC SERVICE false INTREPID INVESTMENTS INC TREASURER 148 BACKGROUND CHECKS false UNITED PROPERTIES MANAGEMENT INC SECRETARY 48057 ADMIN AND MGMT FEES true TECHNICAL SERVICES AND SOLUTIONS SON OF SECRETAR 1925 ADMIN false FORM 990, PAGE 6, PART VI, LINE 3 THE BOARD OF DIRECTORS HAS CHOSEN TO OUTSOURCE ALL DAY-TO-DAY OPERATING DECISIONS TO AN INDEPENDENT 3RD PARTY MANAGEMENT AGENT WHO OPERATES UNDER GUIDELINES ESTABLISHED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 TAX RETURN IS PREPARED BY AN INDEPENDENT 3RD PARTY CPA FIRM AND IS THEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL RELATED PARTY TRANSACTIONS ARE DISCLOSED ANNUALLY IN THE FINANCIAL STATEMENTS AND SUBMITTED TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE PUBLIC IN ACCORDANCE WITH U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND 501 (C)3 REQUIREMENTS.