2024-05-08T14:43:37-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990EZ 2022-07-01 363783908 THI-5 INC THI- 7735725500 4101 N RAVENSWOOD CHICAGO IL 60613 AL SHOREIBAH CFO 7735725500 2024-04-26 1 AL SHOREIBAH 999009999 1 KIMBERLY A HAUMANN P00546491 3122071040 2024-04-26 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X WWW.THRESHOLDS.ORG X X 96108 X 96000 108 96108 11792 35575 22879 70246 25862 -70094 -324 -44556 X 325164 342754 36615 44087 0 361779 386841 431873 431397 -70094 -44556 X SEE LINE 28. THI-5 (PROJECT) IS A NONPROFIT SOCIAL SERVICE AGENCY WHICH PROVIDES HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF INDIVIDUALS FACING THE CHALLENGE OF RECOVERY FROM SEVERE AND PERSISTENT MENTAL ILLNESS. THE PROJECT OWNS AND OPERATES AN 8-UNIT APARTMENT BUILDING IN KANKAKEE, ILLINOIS, KNOWN AS HARBOR STREET APARTMENTS, WHICH IS SUBJECT TO A FIRST MORTGAGE CAPITAL ADVANCE OBTAINED UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL HOUSING ACT (FHA PROJECT NO. 071-HH007). THE APARTMENTS GENERALLY ARE LEASED FOR ONE-YEAR TERMS AND ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENTS AND OPERATING METHODS. LEASING OF THE APARTMENTS BEGAN IN FISCAL YEAR 1995. THE PROJECT'S ACTIVITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS OF THE THRESHOLDS, A RELATED NONPROFIT SOCIAL SERVICE AGENCY WHICH PROVIDES REHABILITATIVE SERVICES TO FORMER MENTAL PATIENTS AND ALSO PROVIDES CERTAIN MANAGEMENT, ACCOUNTING, ADMINISTRATIVE SERVICES AND OFFICE FACILITIES TO THE PROJECT FOR WHICH A MANAGEMENT FEE IS CHARGED. THE THRESHOLDS PROVIDES OPERATING ADVANCES TO THE PROJECT. 0 52574 52574 X SUZET M MCKINNEY DRPH MPH PRESIDENT - THRU 12/31 0.07 0 0 0 CYNTHIA JONES PRESIDENT - BEG 12/31 0.07 0 0 0 DR VEN MOTHKUR VICE PRESIDENT - THRU 12/31 0.07 0 0 0 DR INGER BURNETT-ZEIGLER SECRETARY - THRU 12/31 0.07 0 0 0 ROBERT SPENCER TREASURER 0.07 0 0 0 JAMES KOLAR ASSISTANT TREASURER 0.07 0 0 0 MINAL VARMA ASST. SEC.-THRU 12/31; SEC.-BEG 12/ 0.07 0 0 0 DR GARTH WALKER MD MPH ASSISTANT SECRETARY - BEG 12/31 0.07 0 0 0 BENJAMIN ALBRECHT DIRECTOR 0.07 0 0 0 JUDY ASHWORTH MD DIRECTOR 0.07 0 0 0 BARBARA R BARRENO-PASCHALL JD MP DIRECTOR 0.07 0 0 0 PAMELA BUFFETT DIRECTOR 0.07 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IL AL SHOREIBAH 120 S LASALLE SUITE 1410 CHICAGO IL 60603 7735725262 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 THE THRESHOLDS INC 362518901 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INVESTMENT INCOME. AMOUNT: 108. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 14,434. DESCRIPTION: INSURANCE. AMOUNT: 2,705. DESCRIPTION: FINANCE CHARGES. AMOUNT: 1,202. DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 4,250. DESCRIPTION: CONFERENCE, CONVENTION, MEETINGS EXPENSE. AMOUNT: 125. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 9. DESCRIPTION: BAD DEBT. AMOUNT: 154. TOTAL TO FORM 990-EZ, LINE 16: 22,879. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: OTHER ADJUSTMENT. AMOUNT: -324. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: DUE TO AFFILIATED ORGANIZATIONS. BEG. OF YEAR AMOUNT: 3,568. END OF YEAR AMOUNT: 5,348. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 4,124. END OF YEAR AMOUNT: 1,413. DESCRIPTION: MORTGAGES PAYABLE. BEG. OF YEAR AMOUNT: 416,800. END OF YEAR AMOUNT: 416,800. DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 1,886. END OF YEAR AMOUNT: 2,352. DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 5,495. END OF YEAR AMOUNT: 5,484. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.