2023-11-15T10:05:55-06:00 2022-12-31 311119890 Barnes Dennig & Co LTD 5750 Castle Creek PKWY STE 245 Indianapolis IN 46250 990 2022-01-01 800757957 Advantix Development Corporation ADVA 8124288500 500 SE 10th Street Evansville IN 47713 Rick Moore Treasurer 8124288500 2023-11-14 1 Rick Moore XXX-XX-XXXX 1 Paula Hume P00537516 3175721130 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Rick Moore 500 SE 10th Street Evansville IN 47713 21354778 0 X N/A X 2007 IN To own, operate, purchase, sell and manage real estate and affordable housing. 7 7 103 7 0 0 46228 61624 2415050 2146815 3035659 1148503 135900 1837185 5632837 5194127 0 0 0 0 1435121 1095710 0 0 0 3406463 2297455 4841584 3393165 791253 1800962 17664853 26637427 3605380 9912889 14059473 16724538 To own, operate, purchase, sell and manage real estate and affordable housing. 0 0 3393165 3984000 Managing non federal low income housing. 3393165 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 1 1 0 0 0 1 42 0 1 103 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 IN X Angela Harper 8124288500 500 SE 10th Street Evansville IN 47713 David G Hatfield Chairman 1.00 X X 1200 0 0 Glenda B Hampton Commissioner 1.00 X 1325 0 0 Mildred Thacker Secretary 1.00 X X 1100 0 0 Richard Engbers Commissioner 1.00 X 1100 0 0 Daphne J Robinson Vice Chairman 1.00 X X 1200 0 0 Sabino Humbane Commissioner 1.00 X 700 0 0 Dianna McGuire Commissioner 1.00 X 1200 0 0 Thomas Gibbs Manager 40.00 X 103116 0 0 110941 0 0 1 0 0 0 Irvin Four Star Construction Irvin 6899 N 550 W Bryant IN 47236 Construction 2101020 Allied Electrical Constructors Inc 2600 Eastside Park Rd PO Box 1533 Evansville IN 47716 Construction 1444997 LGC Contractors 8438 Crawfordsville Rd Indianapolis IN 46234 Construction 1399258 Worleys Wallcovering & Painting 2732 Buckcreek Road Greenfield IN 46140 Construction 1127889 Alstadt Plumbing Inc 1401 Buchanan Rd Evansville IN 47720 Construction 116984 14 52093 9531 61624 Development Fee Income 531390 1289335 1289335 Management Fee 531390 501859 501859 Tenant Rental Income 532000 355621 355621 2146815 151219 151219 997284 0 997284 997284 997284 17997836 16160651 1837185 1837185 5194127 3984000 0 1148503 X 3500 3500 890776 890776 12863 12863 178702 178702 9869 9869 24162 24162 62997 62997 618760 618760 14023 14023 129265 129265 62445 62445 186863 186863 55826 55826 36647 36647 486 486 426556 426556 262222 262222 Rental Maintenance 332090 332090 Other Expenses 78528 78528 Taxes and Licenses 5442 5442 Bad Debt Expense 1143 1143 3393165 3393165 0 0 3376387 9624720 3913994 5167162 5976250 8117750 909943 932980 5074496 3282557 3105934 1791939 374222 574288 8123 428588 17664853 26637427 3584130 9900139 21250 12750 3605380 9912889 X 3190749 2214642 10868724 14509896 14059473 16724538 17664853 26637427 X 1800962 864103 X X 0 1 X 1 0 X 6601197 533680 2724551 46228 61624 9967280 6601197 533680 2724551 46228 61624 9967280 9967280 12551 53835 151527 312040 151219 681172 9931 24117 12124 3883 50055 10698507 57899400 0.93170 0.94870 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous Income - 2018 Amount: $ 9,931. 2020 Amount: $ 12,124. 2021 Amount: $ 3,883. Rebates - 2019 Amount: $ 24,117. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200748 200748 3550025 2391006 1159019 1323723 891551 432172 1791939 X 38860557 33666337 33666337 5194220 -93 -93 5194127 35334163 31940998 31940998 3393165 0 3393165 Part X, Line 2: Income received or generated by the Authority is not subject to federal income tax, pursuant to Internal Revenue Code Section 115. Interest paid on obligations issued by the Authority is excludable from the gross income of the recipients, pursuant to Section 103(a) of the Internal Revenue Code of 1986, as amended. Contributions to the Authority are tax deductible contributions, pursuant to Sections 170(b)(1)(A)(v) and 170(c)(1) of the Internal Revenue Code of 1986, as amended. Part XI, Line 2d - Other Adjustments: Less: Income Allocated to Housing Authority of the City of Evansville 17,505,686. Add: COGS 16,160,651. Part XI, Line 4b - Other Adjustments: K-1 Passthrough Adjustment -93. Part XII, Line 2d - Other Adjustments: Less: Income Allocated to Housing Authority of the City of Evansville 15,780,347. Less: COGS 16,160,651. Form 990, Part VI, Section B, line 11b Form 990 and all related schedules, statements and attachments are reviewed and approved by the appropriate representative(s) from the Board of Directors. Form 990, Part VI, Section B, line 12 Advantix Development Corporation passes out a questionnaire about conflict of interest to be filled out and returned by each Director and Officer. The policy includes statements about other employment and being related to anyone on the Board of Directors and other items that may be an issue. Form 990, Part VI, Section B, line 15 Advantis's Board of Directors determine and sets all staffing compensation rates, which are based on periodic thorough review of all related issues, salary surveys, consultation with independent persons, review of comparable data and deliberation. Form 990, Part VI, Section C, line 19 Advantix Development Corporation makes its governing documents, and financial statements, as applicable, available to the public upon written request received at our corporate office address. Form 990, Part IX, line 11g Other Administrative: Program service expenses 618,760. Management and general expenses 0. Fundraising expenses 0. Total expenses 618,760. Form 990, Part XI, line 9: Transfers to/from component unit 541,000. 2021 Passthrough Income 323,010. 2022 Passthrough Income 93. Form 990. Part XII, Line 2c: This process has not changed. Evansville Rad Four LLC 500 SE 10th Street Evansville IN 47713 364852161 Affordable Housing IN -93 -372 Advantix Development Corporation The Housing Authority of the City of Evansville Indiana 500 SE 10th Street Evansville IN 47713 356001606 Affordable Housing IN 0 34 East LP 500 SE 10th Street Evansville IN 47713 874381297 Affordable Housing IN Advantix Development Corporation Related 0 0 CSSL LP 402 Court Street Suite B Evansville IN 47708 820739421 Affordable Housing IN Corydon SSL LLC Related -15 -429 0 0 0.00010 EHA RAD I LP 500 SE 10th Street Evansville IN 47713 472955125 Affordable Housing IN Evansville Rad One LLC Related -512211 -1061936 0 0 0.00010 EHA RAD II LP 500 SE 10th Street Evansville IN 47713 472960094 Affordable Housing IN Evansville Rad One LLC Related -53 -246110 0 0 0.00010 EHA RAD IV LP 500 SE 10th Street Evansville IN 47713 364852161 Affordable Housing IN Advantix Development Corporation Related -93 -372 0 0 0.00010 Erie Pointe LP 500 SE 10th Street Evansville IN 47713 843918711 Affordable Housing IN Erie Evansville LLC Related -1 82576 0 0 0.00010 Evansville Townhomes II LP 500 SE 10th Street Evansville IN 47713 843907903 Affordable Housing IN ET 2 Evansville LLC Related -134 -89 0 0 0.00010 Evansville Townhomes III LP 500 SE 10th Street Evansville IN 47713 874355438 Affordable Housing IN Advantix Development Corporation Related 0 0 Evansville Townhomes LP 500 SE 10th Street Evansville IN 47713 832820542 Affordable Housing IN ET Evansville LLC Related -22 146906 0 0 0.00010 KHA RAD I LP 500 SE 10th Street Evansville IN 47713 842883266 Affordable Housing IN KHA RAD One LLC Related -486 -373 0 0 0.00010 River View Vincennes LP 402 Court Street Suite B Evansville IN 47708 364896129 Affordable Housing IN RVV LLC Related -31 396683 0 0 0.00010 Trailside Commons LP 402 Court Street Suite B Evansville IN 47708 832827987 Affordable Housing IN SP Kokomo LLC Related -26 -222 0 0 0.00010 Trailside Townhomes LP 500 SE 10th Street Evansville IN 47713 611878330 Affordable Housing IN Trailside Townhomes GP LLC Related -4 104707 0 0 0.00010 Vision 1505 LP 500 Court Street Evansville IN 47708 451001576 Affordable Housing IN ADC V1505 Inc Related -23 -186 0 0 0.00010 34E Marion LLC 500 SE 10th Street Evansville IN 47713 874404744 Affordable Housing IN Advantix Development Corporation C 100 1.00000 0 Corydon SSL LLC 500 SE 10th Street Evansville IN 47713 820727925 Affordable Housing IN Advantix Development Corporation C 1.00000 0 Erie Evansville LLC 500 SE 10th Street Evansville IN 47713 843935379 Affordable Housing IN Advantix Development Corporation C 82319 1.00000 0 ET 2 Evansville LLC 500 SE 10th Street Evansville IN 47713 843957565 Affordable Housing IN Advantix Development Corporation C 1.00000 0 ET 3 Evansville LLC 500 SE 10th Street Evansville IN 47713 874430719 Affordable Housing IN Advantix Development Corporation C 100 1.00000 0 ET Evansville LLC 500 SE 10th Street Evansville IN 47713 832875950 Affordable Housing IN Advantix Development Corporation C 146906 1.00000 0 Evansville RAD One LLC 500 SE 10th Street Evansville IN 47713 472932813 Affordable Housing IN Advantix Development Corporation C 3 1.00000 0 KHA RAD One LLC 500 SE 10th Street Evansville IN 47713 842870131 Affordable Housing IN Advantix Development Corporation C 2 1.00000 0 RVV LLC 500 SE 10th Street Evansville IN 47713 825108803 Affordable Housing IN Advantix Development Corporation C 396683 1.00000 0 SP Kokomo LLC 500 SE 10th Street Evansville IN 47713 833255881 Affordable Housing IN Advantix Development Corporation C 1.00000 0 Trailside Townhomes GP LLC 500 SE 10th Street Evansville IN 47713 824966003 Affordable Housing IN Advantix Development Corporation C 104707 1.00000 0 ADC V1505 Inc 500 Court Street Evansville IN 47708 451001417 Affordable Housing IN C 0.49000 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 The Housing Authority of the City of Evansville Indiana N 618760 Cash The Housing Authority of the City of Evansville Indiana R 541000 Cash Evansville Townhomes III LP G 960684 FMV