2023-10-11T19:58:22-05:00 2022-12-31 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2022-01-01 383080446 BGC-I NONPROFIT HOUSING CORPORATION C/O ALTMAN MANAGEMENT COMPANY BGC- 5178536655 2170 COMMONS PKWY OKEMOS MI 48864 RICHARD KERBAWY PRESIDENT 5178536655 2023-10-02 1 RICHARD KERBAWY 999009999 1 AMBER RATHBUN CPA P01786612 5173237500 2023-09-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD KERBAWY 2170 COMMONS PKWY OKEMOS MI 48864 1696575 0 X N/A X 1992 MI TO PROVIDE AND PRESERVE HOUSING FACILITIES FOR PERSONS AND FAMILIES OF LOW INCOME. 2 2 0 2 0 0 0 0 1629427 1693459 244 3116 0 0 1629671 1696575 103125 160417 0 0 0 0 0 0 0 1348032 1392123 1451157 1552540 178514 144035 4159969 4203353 6114000 6013349 -1954031 -1809996 TO PROVIDE AND PRESERVE HOUSING FACILITIES FOR PERSONS AND FAMILIES OF LOW INCOME AND TO PROVIDE FOR THEIR SOCIAL AND VARIOUS OTHER NEEDS. 0 0 808673 1693459 BGC-I PROVIDES 152 RENTAL UNITS TO PERSONS OF LOW TO MODERATE INCOME. THE ORGANIZATION ALSO PROVIDES SOCIAL AND RECREATIONAL FACILITIES TO SERVE THE RESIDENTIAL AREA. 160417 160417 INCOME FROM BGC-I WILL BE USED TO BENEFIT ACTIVITIES OF THE BOYS AND GIRLS CLUB OF LANSING TO THE EXTENT THAT THOSE ACTIVITIES ARE CONSISTENT WITH THE EXEMPT PURPOSE OF BGC-CHARTER SQUARE. 969090 1 0 0 0 0 0 0 0 0 0 1 0 0 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 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 1 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 MI X ALTMAN MANAGEMENT COMPANY 5178536655 2170 COMMONS PKWY OKEMOS MI 48864 X LAURIE SCHWARTZ TREASURER 1.00 X X 0 0 0 RICHARD KERBAWY PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL REVENUE 531110 1675684 1675684 ANCILLARY FEES 531110 17775 17775 1693459 3116 3116 1696575 1693459 0 3116 X 160417 160417 89060 89060 3941 3941 9775 9775 224098 16678 207420 86712 86712 224154 224154 158904 158904 303598 293037 10561 158868 158868 CLEANING & MAINTENANCE 115936 115936 BAD DEBT EXPENSE 17077 17077 1552540 969090 583450 0 250 250 765857 951069 8628 8509 29010 11742 11015639 8971773 2091123 2043866 1265101 1187917 4159969 4203353 120855 138001 9813 3443 5944423 5828955 38909 42950 6114000 6013349 X -1954031 -1809996 -1954031 -1809996 4159969 4203353 144035 0 X 0 0 0 X 1468192 1498227 1548686 1629427 1693459 7837991 1468192 1498227 1548686 1629427 1693459 7837991 0 0 0 7837991 3232 4008 1303 244 3116 11903 3232 4008 1303 244 3116 11903 1471424 1502235 1549989 1629671 1696575 7849894 0.99850 0.99870 0.00150 0.00130 X 250203 250203 8429068 7234680 1194388 838095 545777 292318 22622 21827 795 1475651 1169489 306162 2043866 OTHER RESERVES 609789 OTHER DEPOSITS 44385 ESCROW DEPOSITS 33743 RELATED PARTY RECEIVABLE 500000 1187917 TENANT SECURITY DEPOSITS 42950 42950 X PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE, AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE, AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. 1 BOYS AND GIRLS CLUB 4315 PLEASANT GROVE LANSING MI 48910 381788281 501(C)(3) 160417 0 TO PROVIDE SUPPORT IN THEIR DAY TO DAY ACTIVITIES. 1 0 PART I, LINE 2: ORGANIZATIONS ARE 501(C)(3) PUBLICLY SUPPORTED ORGANIZATIONS. 501(C)(3) STATUS IS MONITORED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT COMPANY HANDLES THE DAY TO DAY OPERATIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZED AS A MEMBERSHIP ORGANIZATION PER THE ARTICLES OF INCORPORATION. CANDIDATES FOR MEMBERSHIP MUST HAVE THE FOLLOWING QUALIFICATIONS: PERSONS IN THE STATE OF MICHIGAN INTERESTED IN AND COMMITTED TO THE PURPOSES OF PROVIDING AND PRESERVING MULTI-FAMILY HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES. FORM 990, PART VI, SECTION A, LINE 7A MSHDA MAY APPOINT MEMBERS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION IS SUBJECT TO REVIEW, OVERSIGHT, AND REGULATION BY MSHDA. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS RECEIVED BY THE ORGANIZATION'S PRESIDENT AND IS REVIEWED FOR COMPLETENESS AND ACCURACY. UPON APPROVAL, IT IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. IF NO CHANGES ARE REQUIRED, THE 990 IS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE. FORM 990, PART IX, LINE 11G MANAGER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 72,938. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,938. HOUSEKEEPING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 33,082. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,082. MAINTENANCE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 81,795. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,795. CONTRACT COSTS: PROGRAM SERVICE EXPENSES 16,678. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,678. MORTGAGE SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,885. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,885. LEASING ASSOC. FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,720. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,720. BGC - NONPROFIT HOUSING CORPORATION 2170 COMMONS PKWY OKEMOS MI 48864 383075222 RESIDENTIAL RENTAL REAL ESTATE MI 501(C)(3) LINE 10 N/A 0 BGC II - NONPROFIT HOUSING CORPORATION 2170 COMMONS PKWY OKEMOS MI 48864 383080448 RESIDENTIAL RENTAL REAL ESTATE MI 501(C)(3) LINE 10 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0