2024-05-13T10:30:05-05:00 2023-06-30 580692042 Mauldin & Jenkins LLC PO Box 1877 Macon GA 312021877 990 2022-07-01 881133358 AG Rhodes Property Holdings Inc AGRH 4046363512 900 Wylie Road SE Atlanta GA 30067 Deke Cateau CEO 4046363512 2024-05-03 1 Deke Cateau 999009999 0 Linda Corty P00221297 4784648000 2024-05-03 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Deke Cateau 900 Wylie Road SE Atlanta GA 30067 1524251 0 X WWW.AGRHODES.ORG X 2021 GA To engage, or otherwise participate, in financing activities which will furtherthe charitable mission of the Supported Organization in connection with the (i) rehabilitation ofan existing 56,484 square foot skilled-nursing facility (the "Existing Facility") located at 900Wylie Road SE, Marietta, GA 30067 (the "Land"), (ii) construction and development of a new75,023 square foot memory care wing on the Land (the "New Wing, and together with theExisting Facility, the "Facility, and together with the Land, the "Property"), and (iii) leasing ofthe Property to the Supported Organization for its operations (collectively, the "NMTC Project") 16 16 0 50 0 0 3467729 0 0 1253596 0 270289 0 366 3467729 1524251 0 0 0 0 119318 10242 0 0 0 0 411896 119318 422138 3348411 1102113 34848411 50087021 31500000 45636497 3348411 4450524 X To engage, or otherwise participate, in financing activities which will furtherthe charitable mission of the Supported Organization in connection with the (i) rehabilitation ofan existing 56,484 square foot skilled-nursing facility (the "Existing Facility") located at 900Wylie Road SE, Marietta, GA 30067 (the "Land"), (ii) construction and development of a new75,023 square foot memory care wing on the Land (the "New Wing, and together with theExisting Facility, the "Facility, and together with the Land, the "Property"), and (iii) leasing ofthe Property to the Supported Organization for its operations (collectively, the "NMTC Project") 0 0 289472 1253962 The Organization owns and leases a 56,484 Square Foot Building to A.G. Rhodes Health & Rehab - Cobb to further support the charitable mission of the Organization. 289472 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X AG Rhodes Health & Rehab Managment Inc 4046363512 2801 Buford Highway Suite 500 Atlanta GA 30329 David L Perdue Chairman 1.00 17.00 X X 0 0 0 John W Wilcox III Vice Chairman 1.00 8.00 X X 0 0 0 Margaret Stickney Secretary 1.00 17.00 X X 0 0 0 Ann S Barrett Trustee 1.00 7.00 X X 0 0 0 John Frazer Treasurer 1.00 14.00 X X 0 0 0 DWAYNE C ANGELO Trustee 1.00 7.00 X 0 0 0 Maurice Baker Trustee 1.00 7.00 X 0 0 0 CHARLES C BENEDICT JR Trustee 1.00 7.00 X 0 0 0 Samuel B Hollis Jr Trustee 1.00 7.00 X 0 0 0 Margaret Perdue Denny Trustee 1.00 7.00 X 0 0 0 Robbin Steed Trustee 1.00 7.00 X 0 0 0 Jocelyn Dorsey Trustee 1.00 7.00 X 0 0 0 Ronald G Polly Jr Trustee 1.00 7.00 X 0 0 0 Monica W Parker MD Trustee 1.00 7.00 X 0 0 0 Frank Sims Trustee 2.00 6.00 X 0 0 0 John H Strickler JrMD Trustee 2.00 6.00 X 0 0 0 Deke G Cateau CEO 1.00 40.00 X 0 422704 6100 0 422704 6100 0 0 1 0 0 Lease Revenue 531120 1253596 1253596 1253596 270289 270289 Miscellaneous Income 531120 366 366 366 1524251 1253962 0 270289 10242 10242 121874 121874 92 92 191403 191403 Asset Management & Serv 76914 76914 Repairs and Maintenance 21155 21155 Bank Charges 458 458 422138 289472 132666 0 29699763 15057973 14831553 7662713 4657477 3162397 3005236 1986251 17192259 34848411 50087021 31500000 31500000 0 14136497 31500000 45636497 X 3348411 4450524 3348411 4450524 34848411 50087021 1102113 0 X X 0 1 X 1 0 X 3467729 3467729 1253596 1253596 3467729 1253596 4721325 0 0 0 4721325 270289 270289 270289 270289 366 366 3467729 1524251 4991980 0.94580 1.00000 0.05410 X 915189 915189 6135425 4094784 2040641 612099 562693 49406 3005236 Construction in Progress 16332493 Debt Issuance Costs 754008 Accumulated Amortization - Debt Issuance Costs -34242 Due from Related Parties 140000 17192259 Due to Related Parties 112872 Deferred Inflows 14023625 14136497 0 0 0 0 0 0 0 0 0 Deke G Cateau CEO 0 317304 0 105400 0 0 0 6100 0 0 0 428804 0 0 Part I, Line 3 The CEO of A.G. Rhodes Health & Rehabilitation Management Company is considered to be the de facto CEO of the Organization. The Board of Trustees of A.G. Rhodes Homes establishes the CEO's compensation. Form 990, Part VI, Section B, line 11b A draft of the Form 990 for the current year is sent to the Board of Trustees of the Foundation. The Board of Trustees and management will discuss any matters of importance and any questions are answered and proposed changes made prior to filing. The Form 990 is filed electronically upon approval by an authorized officer. Form 990, Part VI, Section B, line 12c All of the Organization's management and the employees of the management company are required to complete a conflict of interest policy statement annually. These statements are reviewed for possible conflicts. Any conflicts must be resolved through changes in relationships and/or other compensating controls. Form 990, Part VI, Section B, line 15a The CEO is paid by A.G. Rhodes Health & Rehab Management Company, Inc., a related 501(c)(3) organization. The Board of A.G. Rhodes Health & Rehab Management Company, Inc. establishes the CEO's compensation. Form 990, Part VI, Section C, line 18 A.G. Rhodes Property Holdings will make its Form 990 available to the public upon request at the A.G. Rhodes Health & Rehab Management Company offices. Form 990, Part VI, Section C, line 19 A.G. Rhodes Property Holdings will make its governing documents and conflict of interest policy available to the public upon request at the A.G. Rhodes Health & Rehab Management Company offices. Form 990, Part XII, Line 2c Review of audited financial statements - The Board of Trustees reviews financial information with the independent audit for A. G. Rhodes Homes, Inc. AG Rhodes Health & Rehab Cobb 900 Wylie Road Marietta GA 30067 581945826 Nursing Home care for the disabled, the elderly, and the indigent GA 501(c)(3) Line 11 N/A 0 AG Rhodes Health & Rehab Atlanta 350 Boulevard SE Atlanta GA 30312 580586001 138 Bed Nursing Home-Separate Corporation-Common Boards GA 501(c)(3) Line 11 N/A 0 AG Rhodes Health & Rehab Wesley Woods 1819 Clifton Road Atlanta GA 30329 582189638 150 Bed Nursing Home-Separate Corporation-Common Boards GA 501(c)(3) Line 11 N/A 0 The Foundation for Rhodes Homes Inc 3715 Northside Pkwy Bldg 200 Ste 72 Atlanta GA 30327 421596185 Supporting Organization GA 501(c)(3) Line 11 AG Rhodes Health & Rehab Cobb Wesley Woods and Atlanta 1 AG RHODES EXTENDACARE INC 3715 Northside Pkwy Bldg 200 Ste 72 Atlanta GA 30327 203021911 Additional Support Services for the Disabled, the Elderly, and the Indigent GA 501(c)(3) Line 11 N/A 0 AG Rhodes Health & Rehab Management Inc 3715 Northside Pkwy Bldg 200 Ste 72 Atlanta GA 30327 453723342 Management for not-for-profit nursing facilities GA 501(c)(3) Line 11 N/A 0 AG Rhodes Care Solutions Inc 350 Boulevard SE Atlanta GA 30312 203021911 Provide PRN staffing for nurses at nursing homes to supplement staff nurses GA 501(c)(3) Line 12b, II N/A 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 AG Rhodes Health & Rehab Cobb J 305667 Cash Payment AG Rhodes Health & Rehab Cobb D 140000 Loan