2023-10-23T11:16:54-05:00 2022-12-31 341082617 APPLE GROWTH PARTNERS 1540 WEST MARKET ST AKRON OH 44313 990 2022-01-01 341430740 TETON HOUSING CORPORATION TETO 3307624011 730 WEST MARKET STREET AKRON OH 44303 ELMER JACOBS PRESIDENT 3307624011 2023-10-23 1 ELMER JACOBS XXX-XX-XXXX 1 DANA PATTERSON P01278758 3308677350 2023-10-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELMER JACOBS 730 WEST MARKET STREET AKRON OH 44303 690428 0 X N/A X 1984 OH PROVIDES LOW-INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS 2 1 0 0 0 0 0 0 692716 689138 66 73 2512 1217 695294 690428 0 0 0 0 0 0 0 0 0 650991 652156 650991 652156 44303 38272 924876 900875 2037207 1974934 -1112331 -1074059 PROVIDES LOW-INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS. 0 0 612155 689636 PROVIDES LOW-INCOME HOUSING TO SENIOR CITIZENS IN A 58-UNIT APARTMENT COMPLEX 612155 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 1 0 0 0 0 0 0 0 0 0 1 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OH X SUMMIT MGT SERV 3307624011 730 WEST MARKET STREET AKRON OH 44303 X ELMER JACOBS PRESIDENT 1.00 X X 0 0 0 HERBERT NEWMAN VP, SECRETARY, TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 687394 687394 TENANT CHARGES 531110 1025 1025 LAUNDRY AND VENDING 531110 719 719 689138 73 73 MISCELLANEOUS 900099 1217 1217 1217 690428 689636 0 792 X 36659 36659 18030 18030 239900 219457 20443 659 659 28147 28147 205100 205100 68921 68921 9379 9379 MAINTENANCE EXPENSE 39205 39205 RENTING EXPENSE 3504 3504 BAD DEBTS 724 724 1928 400 1528 652156 612155 40001 0 41257 37729 14854 14857 2229 2407 5739 5765 2795710 2223951 609117 571759 251680 268358 924876 900875 55644 59716 901 851 1966614 1900229 14048 14138 2037207 1974934 X -1112331 -1074059 -1112331 -1074059 924876 900875 38272 0 X 0 1 X 0 1 1 X 665753 675225 692065 692716 689636 3415395 719 719 665753 675225 692065 692716 690355 3416114 0 0 0 3416114 82 108 84 66 73 413 82 108 84 66 73 413 2512 2512 665835 675333 692149 695294 690428 3419039 0.99910 0.99910 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 2,512. 121400 121400 2482130 2042181 439949 126912 116502 10410 65268 65268 0 571759 ESCROW DEPOSITS 46847 REPLACEMENT RESERVE 182774 RESIDUAL RECEIPTS 38737 268358 SECURITY DEPOSITS 14138 14138 X 690428 0 690428 0 690428 652156 0 652156 0 652156 PART X, LINE 2: THE ORGANIZATION QUALIFIES FOR TAX EXEMPT STATUS UNDER IRS CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION IS NECESSARY FOR FEDERAL, STATE AND LOCAL INCOME TAXES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THAT THE ORGANIZATION 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. HERBERT NEWMAN OFFICER 36659 MANAGEMENT FEE 1 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES ARE DELEGATED TO SUMMIT MANAGEMENT SERVICES, INC. PURSUANT TO A MANAGEMENT AGREEMENT WITH TETON HOUSING CORPORATION. FORM 990, PART VI, SECTION A, LINE 8A NO MEETINGS WERE HELD DURING 2022. FORM 990, PART VI, SECTION A, LINE 8B NO MEETINGS WERE HELD DURING 2022. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS A DRAFT OF THE 990 PRIOR TO SIGNING THE 8879. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MANAGER: PROGRAM SERVICE EXPENSES 76,901. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,901. OFFICE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,100. MAINTENANCE SERVICES: PROGRAM SERVICE EXPENSES 114,310. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 114,310. ALL OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 28,246. MANAGEMENT AND GENERAL EXPENSES 2,343. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,589.