2014-08-08T10:26:37-05:00 2013-12-31 271490692 FROST CUMMINGS TIDWELL GROUP LLC 2001 PARK PLACE NORTH SUITE 900 BIRMINGHAM AL 35203 990PF 2013-01-01 582410989 THE BANYAN FOUNDATION BANY 2053137340 2001 PARK PLACE NO 900 BIRMINGHAM AL 35203 ROB COATS PRESIDENT 2053137340 2014-08-06 1 JOEL T MCDOWELL P00290225 2058221010 2014-08-06 2013 2015-12-30 17:16:21Z X X 13270246 X X 280 280 280 1396801 1396801 1396801 -419416 0 387339 0 387339 1784420 1397081 1784420 0 0 0 0 169522 169522 169522 0 7850 7850 7850 0 1239 0 0 0 604340 599142 599142 0 59264 59264 59264 0 216148 216148 216148 31911 0 0 0 1073755 764291 764291 0 2164029 1816217 1816217 0 0 0 2164029 1816217 1816217 0 -379609 0 0 17068 146801 146801 130051 61872 130051 130051 48934 0 0 48934 48934 11603452 353083 6009879 11250369 11250369 966270 2463173 1694091 7055089 14039328 13270246 49635 91080 36017 7085050 13564306 174976 1054140 7345678 14709526 X 0 0 0 0 -290589 -670198 -290589 -670198 7055089 14039328 -290589 -379609 0 -670198 0 -670198 0 0 0 0.000000 6755000 0 0.000000 0.000000 0.000000 0 0 0 6325000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 FL 1 0 0 1 0 1 NOT APPLICABLE RB COATS III 2053137340 2001 PARK PLACE SUITE 900 BIRMINGHAM AL 35203 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RB COATS III 2001 PARK PLACE SUITE 900 BIRMINGHAM AL 35203 PRESIDENT 40.00 0 0 0 MELINDA C COATS 2001 PARK PLACE SUITE 900 BIRMINGHAM AL 35203 SECRETARY 1.00 0 0 0 ANDREW JACK MCKIBBEN 110 HADDINGTON PARK LANE DOTHAN AL 36305 DIRECTOR 1.00 0 0 0 RAYMOND G WHITE JR 5535 MOUNT VERNON PARKWAY ATLANTA GA 30327 DIRECTOR 1.00 0 0 0 HENRY BARRET WARE 3428 SOUTHAMPTON CIRCLE BIRMINGHAM AL 35243 DIRECTOR 1.00 0 0 0 NONE 0 RB COATS III 2001 PARK PLACE SUITE 900 BIRMINGHAM AL 35203 PROPERTY DEVELOPER 112930 0 THE FOUNDATION OWNED AND OPERATED A 151 UNIT LOW INCOME HOUSING PROJECT IN CHARLOTTE, NORTH CAROLINA UNDER A 100% OWNED SUBSIDIARY - SANDLEWOOD AFFORDABLE HOUSING, LLC. 1271870 THE FOUNDATION OWNED AND OPERATED A 100 UNIT LOW INCOME HOUSING PROJECT IN GAINESVILLE, FLORIDA UNDER A 100% OWNED SUBSIDIARY - CARVER GARDENS, LLC. 544347 PURCHASE AND REHABILITATION OF A 100 UNIT LOW INCOME HOUSING PROJECT IN GAINESVILLE, FLORIDA. OPERATING UNDER THE NAME CARVER GARDENS, LLC, WHICH IS 100% OWNED BY THE FOUNDATION. 6325000 6325000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6325000 6325000 0 6325000 0 0 0 6755000 6755000 6325000 0 0 0 0 6325000 0 0 13080000 0 0 0 0 0 0 0 13080000 6755000 6325000 X 0 0 280 -419416 DEVELOPER FEE INCOME 261818 CONSULTING FEE INCOME 125521 0 0 -31797 -31797 11 FEES EARNED RELATED TO THE DEVELOPMENT OF LOW INCOME HOUSING UNITS 0 0 0 0 0 0 0 0 0 0 SANDLEWOOD BUILDING 2011-12-08 5477399 136935 SL 40.000000000000 136935 136935 136935 SANDLEWOOD LAND 2011-12-08 669415 L 0 0 0 SANDLEWOOD ADDITION 2013-01-01 247820 SL 40.000000000000 6168 6168 6168 CARVER GARDENS BUILDING 2013-06-14 5008818 SL 40.000000000000 73045 73045 73045 CARVER GARDENS LAND 2013-06-14 200000 L 0 0 0 SANDLEWOOD BUILDING 5477399 273870 5203529 5203529 SANDLEWOOD LAND 669415 0 669415 669415 SANDLEWOOD ADDITION 247820 6168 241652 241652 CARVER GARDENS BUILDING 5008818 73045 4935773 4935773 CARVER GARDENS LAND 200000 0 200000 200000 LEGAL FEES 1239 0 0 0 TENANT SECURITY DEPOSITS 16494 27102 27102 BOND COST OF ISSUANCE 405073 752255 0 PREPAID EXPENSES 1628 16827 0 TAX & INSURANCE ESCROWS 21603 63431 63431 RESERVES 521472 869865 869865 CONTRUCTION IN PROCESS 0 733693 733693 OFFICE EXPENSES 1714 0 0 0 MEALS & ENTERTAINMENT 9118 0 0 0 POSTAGE & SHIPPING 1459 0 0 0 CONSULTING 178947 0 0 0 TELEPHONE 2031 0 0 0 BANK FEES 145 0 0 0 BUSINESS LICENSES 1100 0 0 0 REPAIRS & MAINTENANCE 800 0 0 0 TAXES 446 0 0 0 COMPUTER 489 0 0 0 DEVELOPER FEES 112930 0 0 0 ACCOUNTING FEES 285 0 0 0 BAD DEBT 62707 62707 62707 0 REPAIRS & MAINTENANCE 124473 124473 124473 0 UTILITIES 155099 155099 155099 0 MANAGEMENT FEES 37248 37248 37248 0 ADMINISTRATIVE EXPENSES 126753 126753 126753 0 INSURANCE 37838 37838 37838 0 BAD DEBT 6569 6569 6569 0 REPAIRS & MAINTENANCE 27613 27613 27613 0 UTILITIES 63994 63994 63994 0 MANAGEMENT FEES 18553 18553 18553 0 ADMINISTRATIVE EXPENSES 37260 37260 37260 0 INSURANCE 23510 23510 23510 0 AMORTIZATION 42674 42674 42674 0 DEVELOPER FEE INCOME 261818 261818 CONSULTING FEE INCOME 125521 125521 ACCRUED EXPENSES 4951 28650 TENANT SECURITY DEPOSITS 16345 27096 PREPAID RENT 8308 3888 GUARANTEE OF ELM STREET AFFORDABLE HOUSING, INC. 0 48509 DEVELOPER FEE PAYABLE 0 246720 PROPERTY MANAGEMENT FEE PAYABLE 0 45635 ACCRUED INTEREST 0 55422 ACCRUED REAL ESTATE TAXES 0 80001 NOTE - RHA ASSET MANAGER 0 97982 PAYABLE - BENOIT GROUP 145372 420237 TAXES 19702 19702 19702 0 TAXES 39562 39562 39562 0 SANDLEWOOD AFFORDABLE HOUSING LLC 7001 SNOW LANE CHARLOTTE NC 28227 452531885 SANDLEWOOD AFFORDABLE HOUSING, LLC IS A 100% OWNED SUBSIDIARY OF THE BANYAN FOUNDATION. 0 CARVER GARDENS LLC 1101 SE 15TH STREET GAINESVILLE FL 32641 461783520 CARVER GARDENS, LLC IS A 100% OWNED SUBSIDIARY OF THE BANYAN FOUNDATION. 0 0