2024-08-16T08:33:41-05:00 2023-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-01-01 900611418 LH HOMES III INC LHHO 2489280111 5505 CORPORATE DRIVE 300 TROY MI 48098 MARC CRAIG PRESIDENT 2489280111 2024-08-15 1 0 JOSEPH R STROUP P01657031 3178485700 2023 2024-08-08 14:25:15Z MARC CRAIG 5505 CORPORATE DRIVE 300 TROY MI 48098 101649 0 X NONE X 2010 MI TO PROVIDE LOW INCOME HOUSING TO INDIVIDUALS WITH DISABILITIES. 7 7 0 12 0 0 54298 56271 46430 44568 207 810 0 0 100935 101649 0 0 0 0 0 0 0 0 0 152802 158139 152802 158139 -51867 -56490 1619167 1570539 2095076 2102938 -475909 -532399 TO PROVIDE LOW INCOME HOUSING TO INDIVIDUALS WITH DISABILITIES. 0 0 142586 44568 LH HOMES III, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF MICHIGAN. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING FOUR RESIDENCES KNOWN AS LIBERTY HILL HOMES III LOCATED IN THE METRO DETROIT AREA, WHICH PROVIDES HOUSING FOR PERSONS WITH DEVELOPMENTAL DISABILITIES PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. 142586 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KAREN PLUGER 2489280111 5505 CORPORATE DRIVE STE 300 TROY MI 48098 X MARK WIEDELMAN DIRECTOR 0.50 X 0 0 0 PATTY PRZYBYLSKI DIRECTOR 0.50 X 0 0 0 CHERYL POLITE DIRECTOR 0.50 X 0 0 0 TRACY CARTER DIRECTOR 0.50 X 0 0 0 THOMAS LANDRY DIRECTOR 0.50 X 0 0 0 GARY ABERNATHY DIRECTOR 0.50 X 0 0 0 WILLIAM ROBINSON JR DIRECTOR 0.50 X 0 0 0 PAUL LANDRY PART YEAR DIRECTOR 0.50 X 0 0 0 MARC CRAIG PRESIDENT 1.00 X 0 0 0 KIRSTEN ELLIOTT VICE PRESIDENT, COO, SECRE 1.00 X 0 0 0 CARRIE MENDOZA VICE PRESIDENT, CFO, TREAS 1.00 X 0 0 0 MICHELLE BRINKMANN VICE PRESIDENT OF REAL EST 1.00 X 0 0 0 0 0 0 0 0 0 0 0 56271 56271 RENTAL INCOME 531110 44568 44568 44568 810 810 101649 44568 0 810 7210 7210 7390 7390 953 953 84311 84311 47364 47364 ADMINISTRATIVE EXPENSE 10911 10911 158139 142586 15553 0 4675 387 40661 37533 5443 11306 12017 2040129 524970 1562525 1515159 1619167 1570539 44663 50215 388 731 2042400 2042400 7625 9592 2095076 2102938 X -475909 -532399 -475909 -532399 1619167 1570539 -56490 0 X 0 1 X 1 1 1 X 46841 56570 54746 54298 56271 268726 51683 44292 44842 46430 44568 231815 98524 100862 99588 100728 100839 500541 0 0 0 500541 232 49 5 207 810 1303 232 49 5 207 810 1303 98756 100911 99593 100935 101649 501844 0.99740 0.99860 0.00260 0.00140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145500 145500 1894629 524970 1369659 1515159 ACCRUED MGMT FEE PAYABLE 6636 SECURITY DEPOSITS 2956 9592 X 101649 0 101649 0 101649 158139 0 158139 0 158139 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS PAUL LANDRY AND THOMAS LANDRY HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 LH HOMES III, INC. IS MANAGED BY COMMUNITY HOUSING NETWORK, INC., A NONPROFIT ORGANIZATION. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS AND MAINTENANCE OF FACILITIES IN ORDER TO ESTABLISH A SAFE AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN ITS ENTIRETY BY MANAGEMENT AND COPIES OF THE FORM 990 ARE PROVIDED TO THE GOVERNING BODY PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE AT LEAST ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. AT THE QUARTERLY BOARD MEETINGS AND THROUGHOUT THE YEAR, THE ORGANIZATION MONITORS ALL TRANSACTIONS TO CONFIRM THAT NO CONFLICTS OF INTEREST OCCUR. 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.