2024-10-02T13:07:09-05:00 2023-12-31 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2023-01-01 382534392 LUTHERAN HOUSING CORPORATION OF ALPENA LUTH 3138237700 8131 E JEFFERSON DETROIT MI 48214 BRIDGETTE ZAPPACOSTA DIRECTOR OF FINANCE 3138237700 2024-07-02 1 1 AMBER RATHBUN CPA P01786612 5173237500 2024-07-03 2023 2024-10-15 13:58:12Z AFFORDABLE LIVING OF ALPENA BRIDGETTE ZAPPACOSTA 8131 E JEFFERSON DETROIT MI 48214 748868 0 X WWW.SAMARITAS.ORG X 1984 MI PROVIDE ELDERLY/HANDICAPPED PERSONS HOUSING FACILITIES & SERVICES DESIGNED TO MEET THEIR NEEDS. 2 2 0 4 0 0 29627 31338 681899 716357 -64361 293 0 0 647165 747988 0 0 0 0 152010 127639 0 0 0 505666 617805 657676 745444 -10511 2544 1930431 1780344 2633470 2480839 -703039 -700495 THE ORGANIZATION OPERATES A 66-UNIT APARTMENT COMPLEX, SUBSIDIZED BY HUD, THAT PROVIDES ELDERLY AND/OR HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS. 0 0 452095 716357 PROVIDED ELDERLY AND/OR HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS THROUGH LONGER LIVING. CHARGES FOR SUCH FACILITIES AND SERVICES ARE BASED ON A BREAKEVEN BASIS. THE PROJECT IS A 66-UNIT APARTMENT COMPLEX. 452095 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X BRIDGETTE ZAPPACOSTA 3138237700 8131 E JEFFERSON DETROIT MI 48214 X DUSTIN BLACK BOARD MEMBER (ENDED 5/6/23) 0.10 X 0 0 0 CINDY SUSZEK VICE PRESIDENT 0.10 X X 0 0 0 PHYLLIS COLAGROSS PRESIDENT 0.10 X X 0 0 0 BRIDGETTE ZAPPACOSTA DIRECTOR OF FINANCE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 25392 5946 31338 RESIDENT RENT 531110 708724 708724 LAUNDRY & VENDING 531110 5249 5249 OTHER TENANT CHARGES 531110 2384 2384 716357 1173 1173 880 -880 -880 -880 747988 716357 0 293 85110 85110 1686 1686 29636 29636 11207 11207 38650 38650 17500 17500 11010 11010 31934 1840 30094 282857 282857 2060 2060 2201 2201 103145 103145 107721 107721 17148 17148 DUES & SUBSCRIPTIONS 1145 1145 RECREATION & CRAFT 851 851 BAD DEBT EXPENSE 805 805 OTHER RENTING EXPENSES 393 393 385 385 745444 452095 293349 0 30519 29968 1940 2085 1000 145 3284143 1789482 1555677 1494661 341295 253485 1930431 1780344 109713 16579 2499753 2439707 24004 24553 2633470 2480839 X -705039 -706495 2000 6000 -703039 -700495 1930431 1780344 2544 0 X 0 1 X 1 1 1 X 445555 471739 27645 29627 31338 1005904 445555 471739 27645 29627 31338 1005904 1005904 634 462 320 478 1173 3067 1008971 2412911 0.99700 0.99850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 500000 500000 2541740 1654251 887489 232495 126907 105588 9908 8324 1584 1494661 REPLACEMENT RESERVE 198370 OTHER RESERVES 17934 RESIDUAL RECEIPTS RESERVE 8192 TENANT DEPOSITS HELD IN TRUST 28989 253485 TENANT DEPOSITS HELD IN TRUST 24553 24553 X 748868 880 880 747988 0 747988 746324 880 880 745444 0 745444 PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE, AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 880. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 880. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION SIGNED A MANAGEMENT AGREEMENT WITH ANOTHER ORGANIZATION TO PROVIDE SERVICES, OVERSIGHT, AND STAFFING FOR THE FACILITY. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS COMPLETE, BEFORE SUBMISSION TO THE IRS, THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY MONITORING CONTRACTS, INVOICES, AND PERSONNEL AND ALSO BY ATTENDING BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.