2026-04-15T13:00:27-05:00 2025-12-31 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVE DOVER OH 44622 990 2025-01-01 010628727 SUNSET WOODS ASSOCIATION SUNS 8479261611 CO C LATER 1150 HALF DAY ROAD HIGHLAND PARK IL 60035 ISIS FERNANDEZ SYKES PRESIDENT 8479261611 2026-04-14 1 DIRK WALLACE P01323239 3303655400 2025 2025-03-06 01:10:19Z ISIS FERNANDEZ SYKES 1707 ST JOHNS AVENUE HIGHLAND PARK IL 60035 147974 0 X N/A X 2002 IL PROVIDE RESIDENTIAL RENTAL FACILITIES WITHIN THE CITY OF HIGHLAND PARK, ILLINOIS FOR SENIOR CITIZENS OF LOW AND MODERATE INCOME. 7 7 0 0 0 0 0 0 141313 147910 76 64 0 0 141389 147974 0 0 0 0 0 0 0 0 0 221994 184096 221994 184096 -80605 -36122 1159718 1127074 667482 670960 492236 456114 PROVIDE RESIDENTIAL RENTAL FACILITIES WITHIN THE CITY OF HIGHLAND PARK, ILLINOIS FOR SENIOR CITIZENS OF LOW AND MODERATE INCOME. 0 0 73470 147974 PROVIDE RESIDENTIAL RENTAL FACILITIES WITHIN THE CITY OF HIGHLAND PARK, ILLINOIS FOR SENIOR CITIZENS OF LOW AND MODERATE INCOME. 73470 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 IL X HOUSING OPPORTUNITY DEVELOPMENT CORPORATION 8475642900 2001 WAUKEGAN RD POBOX 480 TECHNY IL 60082 X ISIS FERNANDEZ SYKES PRESIDENT 2.00 X X 0 0 0 LUIS MIGUEL GONZALEZ VICE PRESIDENT 2.00 X X 0 0 0 ASHBEY BEASLEY DIRECTOR 2.00 X 0 0 0 MARCIA BERNSTEIN DIRECTOR 2.00 X 0 0 0 SHERRI FARRIS TREASURER 2.00 X X 0 0 0 ELIZABETH SHAPIRO KOPIN DIRECTOR 2.00 X 0 0 0 JEREMY ROSEN DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 APARTMENT RENTALS 531110 147910 147910 147910 64 64 147974 147910 0 64 8846 8846 13490 13490 33367 33367 49634 49634 ASSESSMENTS AND DUES 54923 54923 CABLE TELEVISION 10639 10639 REPAIRS AND MAINTENANCE 6992 6992 OTHER 6081 6081 124 124 184096 73470 110626 0 132351 149303 120003 120003 1080 1080 1846986 1003536 893084 843450 13200 13238 1159718 1127074 0 1970 655182 655254 12300 13736 667482 670960 X 492236 456114 492236 456114 1159718 1127074 -36122 0 X X 0 1 X 1 0 X 106048 106048 145536 132418 144232 141389 147910 711485 145536 132418 250280 141389 147910 817533 0 0 0 817533 50 -105 1644 76 64 1729 145586 132313 251924 141465 147974 819262 0.99790 0.99780 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INTEREST INCOME - 2021 AMOUNT: $ 21. 2022 AMOUNT: $ 43. 2023 AMOUNT: $ 71. 2024 AMOUNT: $ 76. 2025 AMOUNT: $ 64. MISCELLANEOUS INCOME - 2021 AMOUNT: $ 29. 2022 AMOUNT: $ -148. 2023 AMOUNT: $ 1,573. 1822988 990431 832557 23998 13105 10893 843450 TENANT SECURITY DEPOSIT 11410 PREPAID RENT 2326 13736 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM ILLINOIS INCOME AND FRANCHISE TAXES. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, OR TRUSTEES, OR KEY EMPLOYEES TO HOUSING OPPORTUNITY DEVELOPMENT CORPORATION, MANAGEMENT COMPANY FOR THE SUNSET WOODS ASSOCIATION RENTAL PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS RECEIVE A COPY OF THE DRAFT AUDIT AND VOTES FOR ITS APPROVAL. PRIOR TO FINALIZATION OF THE AUDIT, THE PRESIDENT OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE AUDIT. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR TO CHANGE TO A NEW AUDITING FIRM.