2024-05-08T15:05:50-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990EZ 2022-07-01 363967819 THI-11 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 105400 X 105314 86 105400 58605 49505 21188 129298 -23898 -251759 -6571 -282228 X 217537 231475 32831 30183 8990 12097 259358 273755 511117 555983 -251759 -282228 X SEE LINE 28. THI-11 (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 CHICAGO, ILLINOIS, KNOWN AS CREIGER 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-HD005). 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. CERTAIN CAPITAL COSTS NOT APPROVED BY HUD HAVE BEEN FUNDED BY A $70,782 ADVANCE FROM THE THRESHOLDS. THOSE FUNDS WILL BE RECORDED AS A CAPITAL CONTRIBUTION AND WILL NOT BE REPAID TO THE THRESHOLDS FOR AT LEAST FORTY YEARS. 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, AND ADMINISTRATIVE SERVICES AND OFFICE FACILITIES TO THE PROJECT FOR WHICH A MANAGEMENT FEE IS CHARGED. THE THRESHOLDS PROVIDES OPERATING ADVANCES TO THE PROJECT. 0 112376 112376 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 CFO 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: 86. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 12,748. DESCRIPTION: INSURANCE. AMOUNT: 4,608. DESCRIPTION: FINANCIAL EXPENSE. AMOUNT: 1,179. DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 2,648. DESCRIPTION: PERMITS AND LICENSES. AMOUNT: 5. TOTAL TO FORM 990-EZ, LINE 16: 21,188. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: OTHER ADJUSTMENT. AMOUNT: -6,571. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECIEVABLE. BEG. OF YEAR AMOUNT: 8,990. END OF YEAR AMOUNT: 12,097. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: DUE TO AFFILIATED ORGANIZATIONS. BEG. OF YEAR AMOUNT: 87,724. END OF YEAR AMOUNT: 133,399. DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 416,300. END OF YEAR AMOUNT: 416,358. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 3,893. END OF YEAR AMOUNT: 2,448. DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 836. END OF YEAR AMOUNT: 1,414. DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 2,364. END OF YEAR AMOUNT: 2,364. 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.