2024-11-13T12:48:27-06:00 2023-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2023-01-01 474823299 AFFORDABLE HOUSING ALLIANCE OF CENTRAL OHIO AFFO 6143445027 215 N FRONT STREET STE 600 COLUMBUS OH 43215 AMY ROSENTHAL TREASURER 6143445027 2024-11-08 1 0 TODD FENTRESS P01242481 6145281440 2024-10-30 2023 2024-10-15 13:58:12Z CARLIE BOOS 215 N FRONT STREET STE 600 COLUMBUS OH 43215 478780 0 X WWW.AHACO.ORG X 2015 OH AHACO WAS FORMED FOR THE PURPOSE OF ENSURING THAT EVERYONE IN CENTRAL OHIO HAS A SAFE, DECENT, AFFORDABLE HOME THROUGH ADVOCATING FOR THE NEEDS OF CLIENTS, LOW AND MODERATE-INCOME PEOPLE LIVING IN CENTRAL OHIO, IMPACTING PUBLIC POLICY, AND WORKING TO ENHANCE SYSTEM EFFICIENCIES AND EFFECTIVENESS, IN ORDER TO DEVELOP ONE VOICE FOR AFFORDABLE HOUSING. 9 9 1 12 0 0 386245 478780 0 0 0 0 509 0 386754 478780 0 0 0 0 111949 156885 0 0 0 165945 322315 277894 479200 108860 -420 406286 441417 39208 74759 367078 366658 X ENSURING THAT EVERYONE IN CENTRAL OHIO HAS A SAFE, DECENT, AFFORDABLE HOME THROUGH ADVOCATING FOR THE NEEDS OF CLIENTS, LOW AND MODERATE-INCOME PEOPLE LIVING IN CENTRAL OHIO, IMPACTING PUBLIC POLICY, AND WORKING TO ENHANCE SYSTEM EFFICIENCIES AND EFFECTIVENESS, IN ORDER TO DEVELOP ONE VOICE FOR AFFORDABLE HOUSING. 0 0 418062 0 AHACO WORKS TO ADDRESS THE DEFICIT OF AFFORDABLE HOUSING FOR FRANKLIN COUNTY HOUSEHOLDS AT OR BELOW 50% OF THE AREA MEDIAN INCOME AND FOR SPECIAL NEEDS POPULATIONS BY UNDERTAKING THE FOLLOWING PROGRAM ACTIVITIES 1) EDUCATE KEY STAKEHOLDERS AND THE BROADER COMMUNITY ABOUT HOUSING NEEDS AND SOLUTIONS, 2) ADVOCATE FOR STRATEGIES THAT PROVIDE NEW LOCAL RESOURCES FOR AFFORDABLE HOUSING, 3) RESEARCH AFFORDABLE HOUSING MODELS AND BEST PRACTICES, AND 4) UNDERTAKE PROGRAM DESIGN AND IMPLEMENTATION FOR USE OF NEW LOCAL RESOURCES. 418062 1 1 0 1 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X X JULIANA HARDYMON 6142272752 215 N FRONT STREET STE 600 COLUMBUS OH 43215 CARLIE BOOS EXECUTIVE DIRECTOR 40.00 X X 98970 0 34789 BOB BITZENHOFER BOARD CHAIR 1.00 X X 0 0 0 EJ THOMAS VICE CHAIR 1.00 X X 0 0 0 LEAH EVANS SECRETARY 1.00 X X 0 0 0 CHRISTIE ANGEL TREASURER (RETIRED 2023) 1.00 X X 0 0 0 MICHELLE HERITAGE BOARD CHAIR (RETIRED 2023) 1.00 X X 0 0 0 AMY ROSENTHAL TREASURER 1.00 X X 0 0 0 SAMANTHA SHULER DIRECTOR 1.00 X 0 0 0 BILL HINGA DIRECTOR ( RETIRED 2023) 1.00 X 0 0 0 WILLUAN HINGA DIRECTOR (STARTED 2023) 1.00 X 0 0 0 BO CHILTON DIRECTOR (STARTED 2023) 1.00 X 0 0 0 CRISTY BUENCONSEJO DIRECTOR (STARTED 2023) 1.00 X 0 0 0 GRETCHEN WEST DIRECTOR (STARTED 2023) 1.00 X 0 0 0 98970 0 34789 0 0 0 0 0 110000 368780 478780 478780 0 0 0 X 146677 110939 35738 10208 7721 2487 25288 25288 107200 107200 15273 15273 2149 2149 692 519 173 PROGRAM EXPENSES 109534 109534 CONTRACT SERVICES 45830 34664 11166 MISCELLANEOUS EXPENSES 16349 6924 9425 479200 418062 61138 0 406286 438917 2500 406286 441417 39208 74759 39208 74759 X 252155 247816 114923 118842 367078 366658 406286 441417 -420 0 X X 0 1 X 1 0 X 165693 244877 280674 386245 478780 1556269 165693 244877 280674 386245 478780 1556269 311287 1244982 1556269 1452 0.80000 0.80600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 311 24977 25288 392774 418062 83612 20903 0 0 22119 46963 47549 83612 200243 300365 2036 29452 43118 25288 99894 5530 11741 11887 20903 50061 75092 172 2488 1483 311 4454 0 X 484900 6120 6120 478780 0 478780 485320 6120 6120 479200 0 479200 PART X, LINE 2: AHACO APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE THROUGH AUGUST 27, 2018. EFFECTIVE AUGUST 28, 2018, AHACO RECEIVED A DETERMINATION LETTER FROM THE IRS TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DUE TO ITS TAX EXEMPT STATUS, AHACO IS NOT SUBJECT TO INCOME TAXES. DURING 2020, AHACO FILED AN ELECTION WITH THE IRS UNDER SECTION 501(H) OF THE INTERNAL REVENUE CODE WHICH ALLOWS EXPENDITURES TO INFLUENCE LEGISLATION NOT TO EXCEED 20% OF EXEMPT PURPOSE EXPENDITURES. LOBBYING EXPENSES TOTAL $25,288 AND $43,118 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. AHACO IS REQUIRED TO AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND AHACO HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. GENERALLY, INCOME TAX RETURNS FILED BY AHACO ARE SUBJECT TO EXAMINATION FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. AHACO HAS ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THESE PROVISIONS CLARIFY THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN AHACO'S INCOME TAX RETURNS. AHACO'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. AHACO'S POLICY WITH REGARD TO INTEREST AND PENALTIES IS TO RECOGNIZE INTEREST EXPENSE AND PENALTIES THROUGH EXPENSE. IN EVALUATING AHACO'S TAX PROVISIONS AND ACCRUALS, FUTURE TAXABLE INCOME, AND THE REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS AND TAX PLANNING STRATEGIES ARE CONSIDERED. AHACO BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN-KIND REVENUE 6,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND EXPENSE 6,120. FORM 990, PART VI, SECTION A, LINE 6 AHACO IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS PAY ANNUAL DUES AS PART OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS MEMBERS SHALL BE ELECTED BY THE MEMBERS ANNUALLY TO SERVE A TERM OF THREE (3) YEARS. THE MEMBERS OF THE ORGANIZATION SHALL NOMINATE AND ELECT THE OFFICERS OF THE ORGANIZATION, WHICH SHALL INCLUDE A CHAIR, A VICE-CHAIR, A SECRETARY, A TREASURER, AND SUCH OTHER OFFICERS AS THE BOARD OF DIRECTORS DEEMS APPROPRIATE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS SHALL HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON ANY MATTER PRESENTED TO THE MEMBERS AT A MEMBERSHIP MEETING BY THE BOARD OF DIRECTORS. ANY AMENDMENT TO THE ORGANIZATIONS'S ARTICLES OF INCORPORATION MUST BE APPROVED BY A SUPER-MAJORITY OF 60% OF THE ORGANIZATION'S MEMBERSHIP AT A MEETING CALLED FOR THAT PURPOSE AT WHICH A QUORUM IS PRESENT IN PERSON, BY AUTHORIZED COMMUNICATIONS EQUIPMENT, MAIL, OR PROXY. ANY AMENDMENT TO THE BYLAWS MUST BE APPROVED BY A SUPER-MAJORITY OF 60% OF THE ORGANIZATION'S MEMBERSHIP AT A MEETING CALLED FOR THAT PURPOSE AT WHICH A QUORUM IS PRESENT IN PERSON, BY AUTHORIZED COMMUNICATIONS EQUIPMENT, MAIL, OR PROXY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SENT TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL BEFORE THE FULL BOARD SEES THE RETURN. QUESTIONS AND COMMENTS ARE DIRECTED TO THE APPROPRIATE STAFF AND THE 990 IS REVISED AS NEEDED. UPON PROPER ACKNOWLEDGEMENT FROM THE COMMITTEE, THE 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ON A YEARLY BASIS. THEY ARE ASKED TO ABSTAIN FROM A MOTION IF ANY POSSIBLE ASSOCIATIONS ARE KNOWN IN RELATION TO PROJECTS UNDER CONSIDERATION FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THIS SALARY IS BASED ON COMPENSATION STUDIES, FINDINGS FROM INDEPENDENT COMPENSATION CONSULTANTS, AND COMPARABILITY DATA FROM THE FORM 990 OF OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 107,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,200. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.