2023-11-14T10:42:17-06:00 2022-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2022-01-01 561728944 HOUSING OPPORTUNITIES INC HOUS 3365442300 PO BOX 26405 GREENSBORO NC 274046405 TERRI M GUNN VICE PRESIDENT 3365442300 2023-11-13 1 TERRI GUNN 999009999 0 OLGA OGANESOV P01279668 3362944494 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TERRI M GUNN PO BOX 26405 GREENSBORO NC 274046405 2493530 0 X N/A X 1991 NC TO PROVIDE AFFORDABLE HOUSING TO ELDERLY AND LOW INCOME FAMILIES AND TO PROMOTE SOCIAL WELFARE. 7 6 1 6 0 0 1381959 1435896 918712 1049989 -25717 5820 0 0 2274954 2491705 0 1000 0 0 168882 182051 0 0 0 1608814 1713713 1777696 1896764 497258 594941 8525978 8961253 6819546 6659880 1706432 2301373 TO PROMOTE THE GENERAL SOCIAL WELFARE OF THE COMMUNITY AND TO FOSTER THE DEVELOPMENT OF LOW AND MODERATE-INCOME HOUSING TO ELDERLY AND LOW INCOME FAMILIES. 0 0 1798536 1000 1049989 THE ORGANIZATION WAS FORMED TO ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE LOW INCOME HOUSING FOR ELDERLY AND LOW INCOME FAMILIES. THE ORGANIZATION OPERATES ITS WHOLLY OWNED PROPERTIES AND THE C CORPORATIONS IN WHICH IT WHOLLY OWNS THE STOCK. IN ADDITION, THE ORGANIZATION IS A PARTNER IN SEVERAL PARTNERSHIPS THAT PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW INCOME INDIVIDUALS AND FAMILIES. THE ORGANIZATION ALSO PROMOTES SOCIAL WELFARE OF THE COMMUNITY BY MAKING GRANTS TO LOCAL NON-PROFIT ORGANIZATIONS. 1798536 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 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 1 1 0 0 0 1 54 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X PARTNERSHIP PROPERTY MANAGEMENT 3365442300 PO BOX 26405 GREENSBORO NC 274046405 ES MELVIN PRESIDENT 1.00 X X 0 0 0 ANNE MOORE ASSISTANT SECRETARY 1.00 X X 0 0 0 TERRI M GUNN VP & SECRETARY 10.00 X X 33660 0 0 ROBIN BRITT DIRECTOR 1.00 X 0 0 0 SHIRLEY FRYE DIRECTOR 1.00 X 0 0 0 DAVID ROUTH DIRECTOR 1.00 X 0 0 0 WILLIAM STONE DIRECTOR 1.00 X 0 0 0 33660 0 0 0 0 0 0 PARTNERSHIP PROPERTY MANAGEMENT LLC PO BOX 26405 GREENSBORO NC 27404 PROPERTY MANAGEMENT 143631 1 1435896 1435896 APARTMENT RENTALS 531110 592092 592092 INCOME FROM DISTRIBUTI 531110 173338 173338 K-1 RENTAL INCOME 531390 152620 152620 DEVELOPER FEES 531110 109668 109668 INTEREST INCOME N/R 531110 22271 22271 1049989 7645 7645 1825 -1825 -1825 -1825 2491705 1049989 0 5820 1000 1000 33660 33660 113194 113194 13527 13527 21670 21670 143631 143631 16728 2053 14675 40354 40354 1300 1300 14143 14143 86407 86407 464641 464641 204963 204963 70906 70906 REPAIRS AND MAINTENANCE 592493 592493 TAXES 62802 62802 MISC ADMIN EXPENSES 9539 9539 TRAINING 3781 3781 2025 2025 1896764 1798536 98228 0 889548 1168811 1151849 1249220 83195 89105 452237 444805 36035 31849 9294479 5866833 3578263 3427646 1558085 1750780 776766 799037 8525978 8961253 66394 62796 6731379 6574446 21773 22638 6819546 6659880 X 1706432 2301373 1706432 2301373 8525978 8961253 594941 0 X 0 1 X 0 1 1 X 1820961 1304931 1319878 1381959 1435896 7263625 1820961 1304931 1319878 1381959 1435896 7263625 7263625 11021 17527 9726 1084 7645 47003 7310628 4497247 0.99360 0.99400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 406918 406918 6705005 4109782 2595223 6796 6796 0 2175760 1750255 425505 3427646 INVESTMENT IN PARTNERSHIPS 1750780 C 1750780 ACCRUED INTEREST RECEIVABLE 799037 799037 PREPAID RENT 22638 22638 X PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2022 AND 2021. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO PARTNERSHIP PROPERTY MANAGEMENT, LLC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. HOI LIMITED PARTNERSHIP OF ALLENDALE PO BOX 26405 GREENSBORO NC 274046405 562193778 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 2 4777 0 1 0.00010 HOI LIMITED PARTNERSHIP OF ALLENDALE PO BOX 26405 GREENSBORO NC 274046405 562193778 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 19770 549797 0 0 0.98990 HOI LIMITED PARTNERSHIP OF CHADBOURN PO BOX 26405 GREENSBORO NC 274046405 562075983 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 1 1818 0 1 0.00010 HOI LIMITED PARTNERSHIP OF CHADBOURN PO BOX 26405 GREENSBORO NC 274046405 562075983 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 13233 491420 0 0 0.98990 HOI LIMITED PARTNERSHIP OF COLUMBIA PO BOX 26405 GREENSBORO NC 274046405 561868878 APARTMENT RENTALS NC N/A RELATED 3 -67122 0 1 0.01000 HOI LIMITED PARTNERSHIP OF DARLINGTON PO BOX 26405 GREENSBORO NC 274046405 561792520 APARTMENT RENTALS NC N/A RELATED 173325 0 1 0.01000 HOI LIMITED PARTNERSHIP OF GAFFNEY PO BOX 26405 GREENSBORO NC 274046405 561792521 APARTMENT RENTALS NC N/A RELATED 8 -110671 0 1 0.01000 HOI LIMITED PARTNERSHIP OF GREELEYVILLE PO BOX 26405 GREENSBORO NC 274046405 562252140 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 4 3988 0 1 0.00010 HOI LIMITED PARTNERSHIP OF GREELEYVILLE PO BOX 26405 GREENSBORO NC 274046405 562252140 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 37352 558977 0 0 0.98990 HOI LIMITED PARTNERSHIP OF HAMLET PO BOX 26405 GREENSBORO NC 274046405 562128550 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 1 4603 0 1 0.00010 HOI LIMITED PARTNERSHIP OF HAMLET PO BOX 26405 GREENSBORO NC 274046405 562128550 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 11376 575505 0 0 0.98990 HOI LIMITED PARTNERSHIP OF LENOIR PO BOX 26405 GREENSBORO NC 274046405 561784967 APARTMENT RENTALS NC N/A RELATED -290 689719 0 1 0.01000 HOI LIMITED PARTNERSHIP OF PAGELAND PO BOX 26405 GREENSBORO NC 274046405 561792523 APARTMENT RENTALS NC N/A RELATED 6 -70129 0 1 0.01000 HOI LIMITED PARTNERSHIP OF SOUTHERN PINES PO BOX 26405 GREENSBORO NC 274046405 561784815 APARTMENT RENTALS NC N/A RELATED 14 -66415 0 1 0.01000 HOI LIMITED PARTNERSHIP OF SMITHFIELD PO BOX 26405 GREENSBORO NC 274046405 561784181 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED 52042 1527745 0 1 1.00000 HOI LIMITED PARTNERSHIP OF COLUMBUS PO BOX 26405 GREENSBORO NC 274046405 562232745 APARTMENT RENTALS NC HOUSING OPPORTUNITIES INC RELATED -8282 -71085 0 0 0.99990 HOI CAMDEN COVE GP INC PO BOX 10248 GREENSBORO NC 27404 030457539 APARTMENT RENTAL NC N/A C -446 350 1.00000 0 HOI COLUMBUS GP INC PO BOX 26405 GREENSBORO NC 27404 562252119 APARTMENT RENTAL NC N/A C -420 350 1.00000 0 HOI FOREST GLEN GP INC PO BOX 10248 GREENSBORO NC 27404 030398677 APARTMENT RENTAL NC N/A C -421 289 1.00000 0 HOI WESLEY RIDGE INC PO BOX 10248 GREENSBORO NC 27404 010713020 APARTMENT RENTAL NC N/A C -420 350 1.00000 0 HOI WOODBRIDGE GP INC PO BOX 10248 GREENSBORO NC 27404 270791336 APARTMENT RENTAL NC N/A C -440 275 1.00000 0 HOI LIMITED PARTNER INC PO BOX 10248 GREENSBORO NC 27404 811216788 APARTMENT RENTAL NC N/A C 71 2484 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOI LIMITED PARTNERSHIP OF SMITHFIELD D 444805 OUTSTANDING BALANCE