2023-09-28T08:10:34-05:00 2022-12-31 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN ST SUITE 500 SPRINGFIELD OH 45502 990 2022-01-01 311558619 CHP KIMBERLY INC CHPK 6142218889 3443 AGLER RD COLUMBUS OH 43219 VALORIE SCHWARZMANN VICE PRESIDENT 6142218889 2023-09-18 1 VALORIE SCHWARZMANN 999009999 0 APRIL CAULFIELD P01949369 9373992000 2023-09-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARSH RUN APARTMENTS LEAH F EVANS 3443 AGLER RD SUITE 200 COLUMBUS OH 43219 1822599 0 X N/A X 1997 OH TO PROVIDE LOW INCOME HOUSING TO LOW AND MODERATE INCOME FAMILIES. 4 0 0 0 0 0 916081 912306 791988 871780 338 3402 10581 35111 1718988 1822599 0 0 0 0 152341 420592 0 0 0 1478240 1707862 1630581 2128454 88407 -305855 5795635 5383874 5871909 5766003 -76274 -382129 TO PROVIDE LOW INCOME HOUSING TO LOW AND MODERATE INCOME FAMILIES. 0 0 1964044 906891 THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING TOGETHER WITH PROGRAMS TO LOW AND MODERATE INCOME FAMILIES IN ORDER TO IMPROVE THEIR LIVES. THROUGH SUBSIDIZED RENTS THAT ARE BELOW MARKET RATE, THE ORGANIZATION WAS ABLE TO PROVIDE 184 UNITS OF AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 1964044 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 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 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 1 1 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X WALLICK PROPERTIES MIDWEST LLC 6148634640 160 WEST MAIN STREET SUITE 200 NEW ALBANY OH 43054 LEAH F EVANS DIRECTOR/PRESIDENT 2.00 X X 0 211888 23697 VALORIE G SCHWARZMANN DIRECTOR/TREASURER/VICE PRESIDENT 2.00 X X 0 180845 10809 AARON WASSERMAN DIRECTOR/SECRETARY/VICE PRESIDENT 2.00 X X 0 96957 653 MAUDE HILL DIRECTOR 1.00 X 0 134481 10199 0 624171 45358 0 0 1 0 0 912306 912306 RENTAL REVENUE 531110 871523 871523 TENANT CHARGES 531390 257 257 871780 3402 3402 MISC INCOME 531390 35111 35111 35111 1822599 906891 0 3402 420592 420592 99616 99616 650 650 23739 23739 72576 31521 41055 552664 552664 3375 3375 122061 122061 242909 242909 79056 79056 SUPPLIES 264138 264138 CONTRACTS 82650 82650 BAD DEBT 79999 79999 ADMINISTRATIVE 44495 44495 39934 39934 2128454 1964044 164410 0 421809 261217 152414 102524 47361 7406379 3017789 4372924 4388590 848488 584182 5795635 5383874 521133 616877 19303 24791 5158789 4987571 172684 136764 5871909 5766003 X -76274 -382129 -76274 -382129 5795635 5383874 -305855 0 X X 0 1 X 1 1 1 X 1023653 982799 958135 916081 912306 4792974 1023653 982799 958135 916081 912306 4792974 4792974 11129 12537 2744 338 3402 30150 130563 50959 13117 10581 35111 240331 5063455 3840841 0.94660 0.95170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 929108 929108 5897840 2563415 3334425 218890 185603 33287 360541 268771 91770 4388590 ESCROW DEPOSITS 100658 REPLACEMENT RESERVE 429023 SECURITY DEPOSITS 54501 584182 SECURITY DEPOSITS 57874 RELATED PARTY LOANS PAYABLE 78890 136764 X 1822599 0 1822599 0 1822599 2128454 0 2128454 0 2128454 PART X, LINE 2: INCOME TAXES AND UNCERTAIN TAX POSITIONS: THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE PROJECT'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE PROJECT'S REPORTING RETURNS ARE SUBJECT TO AUDIT BY FEDERAL AND STATE TAXING AUTHORITIES. NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS AS THE PROJECT HAS DETERMINED IT DOES NOT HAVE UNRELATED BUSINESS INCOME SUBJECT TO TAXATION. 0 0 0 0 0 0 0 0 0 LEAH F EVANS DIRECTOR/PRESIDENT 0 211888 0 0 0 0 0 4422 0 19275 0 235585 0 0 VALORIE G SCHWARZMANN DIRECTOR/TREASURER/VICE PRESIDENT 0 180845 0 0 0 0 0 3677 0 7132 0 191654 0 0 PART I, LINE 3 RELATED ORGANIZATION, COLUMBUS HOUSING PARTNERSHIP INC., ESTABLISHES COMPENSATION BY USING A COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, AND COMPENSATION STUDIES. THIS ORGANIZATION RELIES ON THEIR RELATED PARTY TO ESTABLISH COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 VALORIE SCHWARZMANN, MAUDE HILL, LEAH EVANS, AND AARON WASSERMAN HAD A BUSINESS RELATIONSHIP DURING THE TAX YEAR. FORM 990, PART VI, SECTION A, LINE 3 THE MULTIFAMILY HOUSING PROJECT'S OPERATIONS ARE MANAGED BY WALLICK PROPERTIES MIDWEST, LLC, A MANAGEMENT COMPANY THAT SPECIALIZES IN MANAGEMENT OF AFFORDABLE HOUSING. FORM 990, PART VI, SECTION A, LINE 6 COLUMBUS HOUSING PARTNERSHIP, INC. IS THE SOLE MEMBER OF CHP KIMBERLY, INC. AN OHIO NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER ELECTS THE GOVERNING BODY TO A TERM OF THREE YEARS. IN THE EVENT A TRUSTEE OF THE GOVERNING BODY CEASES TO BE A MEMBER OF COLUMBUS HOUSING PARTNERSHIP, INC. (CHP AN OHIO NONPROFIT ORGANIZATION) OR IF CHP WITHDRAWS ITS APPROVAL OF A TRUSTEE, CONSTITUTES THE TRUSTEE'S AUTOMATIC RESIGNATION. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER COLUMBUS HOUSING PARTNERSHIP, INC. (AN OHIO NONPROFIT ORGANIZATION) HAS THE AUTHORITY OF REMOVAL OF MEMBERS OF THE GOVERNING BODY. THE POWERS AND DUTIES OF THE GOVERNING BODY ARE LIMITED TO AUTHORITY GRANTED IN THE CODE OF REGULATIONS OF CHP KIMBERLY, INC. FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII, LINE 2C: PROCESS IS CONSISTENT WITH THE PRIOR YEAR. COLUMBUS HOUSING PARTNERSHIP INC 3443 AGLER RD COLUMBUS OH 43219 311208260 DEVELOPMENT LOW INCOME HOUSING AND COUNSELING SERVICES OH 501(C)(3) LINE 7 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0