2024-05-10T15:28:57-05:00 2023-06-30 310800053 CLARK SCHAEFER HACKETT & CO 14 EAST MAIN STREET SUITE 500 SPRINGFIELD OH 45502 990 2022-07-01 261531552 AHEPA 53-III INC AHEP 6788606833 1762 LEMAY FERRY ROAD ST LOUIS MO 63125 JOSHUA HAMMOND PRESIDENT 6788606833 2024-05-10 1 JOSHUA HAMMOND 999009999 0 BRIDGET A BUSH P00234609 9373992000 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSHUA HAMMOND 1762 LEMAY FERRY ROAD ST LOUIS MO 63125 259499 0 X N/A X 2007 MO THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. X 6 6 0 6 0 0 0 0 381475 208742 99 -3683323 1358 334 382932 -3474247 0 0 0 0 0 0 0 0 0 408872 225773 408872 225773 -25940 -3700020 3850491 66407 84124 60 3766367 66347 THE CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE AN AFFORDABLE HOUSING APARTMENT COMMUNITY. 0 0 207193 208742 PROVIDE HOUSING TO LOW INCOME INDIVIDUALS. 207193 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X SILVER TREE RESIDENTIAL LLC 6788606833 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 X JOSHUA HAMMOND PRESIDENT 1.00 X X 0 0 0 ELEANOR WHITE VICE PRESIDENT 1.00 X X 0 0 0 ROBERT F COOK DIRECTOR 1.00 X 0 0 0 LAWSON STRINGER DIRECTOR 1.00 X 0 0 0 TIMOTHY BALLARD DIRECTOR 1.00 X 0 0 0 PATRICK SHEA DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE HUD 531110 142056 142056 RENTAL INCOME 531110 66686 66686 208742 423 423 50000 3733746 -3683746 -3683746 -3683746 OTHER INCOME 531110 334 334 334 -3474247 208742 0 -3682989 10800 10800 2046 2046 7780 7780 7 7 2161 2161 3614 3614 19100 19100 1696 1696 63039 63039 CONTRACT SERVICES 64281 64281 MANAGEMENT EXPENSE STAF 30879 30879 SUPPLIES 8951 8951 MISCELLANEOUS EXPENSE 6349 6349 5070 5070 225773 207193 18580 0 89019 36711 1 3705 8778 0 3416826 335867 25991 3850491 66407 19724 60 387 50000 14013 0 84124 60 X -1020760 66347 4787127 0 3766367 66347 3850491 66407 -3700020 0 X X 0 1 X 1 1 1 X 307357 346088 362098 381475 208741 1605759 307357 346088 362098 381475 208741 1605759 0 0 0 1605759 1138 1221 91 99 423 2972 1138 1221 91 99 423 2972 621 30018 2329 1358 334 34660 309116 377327 364518 382932 209498 1643391 0.97710 0.97860 0.00180 0.00150 X SCHEDULE A, REFERENCE PART III, LINE 12 MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. SCH A - PART III, LINE 12: SALE OF CAPITAL ASSET EXCLUSION THE APARTMENT PROPERTY WAS SOLD ON DECEMBER 30, 2022 FOR $50,000 AT A LOSS OF ($3,683,746). 0 RESERVES 13205 TENANT SECURITY DEPOSIT 5406 ESCROW DEPOSIT 7380 25991 X 1312880 4787127 4787127 -3474247 0 -3474247 225773 0 225773 0 225773 PART X, LINE 2: NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE THE ORGANIZATION WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS SECURED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE ORGANIZATION HAS DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS PURSUANT TO ASC 740 INCOME TAXES AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOAN FORGIVENESS BY U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT SCHEDULE D, LINE 4B LOAN FORGIVENESS FROM U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SALE OF BUILDING: AHEPA 53-III (40 UNITS) 1762 LEMAY FERRY ROAD ST. LOUIS, MO 63125 2022-12-30 50000 FAIR MARKET VALUE CORINTHIAN III LP 795 RIDGE LAKE BLVD SUITE 30 MEMPHIS TN 38120 PARTNERSHIP 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES TO SILVER TREE RESIDENTIAL, LLC. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES BE, LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF AHEPA NATIONAL HOUSING CORPORATION, THE SPONSORING ORGANIZATION, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SAID SPONSORING ORGANIZATION. IF A DIRECTOR CEASES TO BE A MEMBER OF AHEPA NATIONAL HOUSING CORPORATION OR IF THE AFOREMENTIONED APPROVAL IS WITHDRAWN, THEN IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A MEMBER AND DIRECTOR OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 IS INITIALLY REVIEWED BY THE MANAGEMENT COMPANY AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND FINAL APPROVAL BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C REVIEW THE POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS TO MAKE SURE THAT EVERYONE IS COMPLYING. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990 PART XII LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS. AHEPA 53-IV INC 11120 TESSON FERRY ROAD ST LOUIS MO 63123 273127414 AFFORDABLE LOW-INCOME HOUSING MO 501(C)(3) LINE 10 0 AMERICAN GI FORUM CASA DE AMISTAD INC 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 742766000 AFFORDABLE LOW-INCOME HOUSING TX 501(C)(3) LINE 10 0 AMERICAN GI FORUM CASA DE ESPERANZA INC 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 742804894 AFFORDABLE LOW-INCOME HOUSING TX 501(C)(3) LINE 10 0 DISCIPLES CENTER II INC DBA OAK GROVE SENIOR APARTMENTS II 4375 OAK GROVE BLVD SAN ANGELO TX 76904 752691957 AFFORDABLE LOW-INCOME HOUSING TX 501(C)(3) LINE 10 0 DISCIPLES CENTER INC DBA OAK GROVE SENIOR APARTMENTS I 4375 OAK GROVE BLVD SAN ANGELO TX 76904 752480790 AFFORDABLE LOW-INCOME HOUSING TX 501(C)(3) LINE 10 0 AMHERST GLEN SENIOR APARTMENTS INC 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 264693544 AFFORDABLE LOW-INCOME HOUSING NY 501(C)(3) LINE 10 0 AMHERST RIDGE SENIOR APARTMENTS INC 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 455573092 AFFORDABLE LOW-INCOME HOUSING NY 501(C)(3) LINE 10 0 AMHERST TOWNE SENIOR APARTMENTS INC 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 510501768 AFFORDABLE LOW-INCOME HOUSING NY 501(C)(3) LINE 10 0 BATON ROUGE VILLAGE INC (FNA FARMDALE ADULT CITIZENS TOWER II) 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 611384494 AFFORDABLE LOW-INCOME HOUSING KY 501(C)(3) LINE 10 0 CALAIS BATON ROUGE INC (FNA GLADES PIONEERS INC) 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 650532561 AFFORDABLE LOW-INCOME HOUSING TN 501(C)(3) LINE 10 0 CHATEAU BATON ROUGE INC (FNA COLLEGE PARK TOWER II INC) 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 592305463 AFFORDABLE LOW-INCOME HOUSING FL 501(C)(3) LINE 10 0 FIRST BAPTIST HOUSING OF BRIDGEPORT 795 RIDGE LAKE BLVD SUITE 300 MEMPHIS TN 38120 237357926 AFFORDABLE LOW-INCOME HOUSING TN 501(C)(3) LINE 10 0 GALLATIN SENIOR HOUSING INC 138 E FRANKLIN ST GALLATIN TN 37066 621556960 AFFORDABLE LOW-INCOME HOUSING TN 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0