2025-05-08T10:43:44-05:00 2024-09-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-10-01 562078621 ANOINTED ACRES HOUSING DEVELOPMENT ANOI 3149939000 2101 N WILPAR DRIVE GREENSBORO NC 274067942 CLARETTA WITHERSPOON CHAIR 3149939000 2025-05-07 1 0 JACOB A SOWERS P01712829 3178485700 2023 2025-03-06 01:10:19Z ANOINTED ACRES CLARETTA WITHERSPOON 2101 N WILPAR DRIVE GREENSBORO NC 274067942 362749 0 1125 X N/A X 1998 NC THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 59-UNIT APARTMENT COMMUNITY IN GREENSBORO, NORTH CAROLINA, KNOWN AS NBA ANOINTED ACRES, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 7 7 0 0 0 0 112118 97420 221777 248069 7845 2980 44136 4836 385876 353305 0 0 0 0 0 0 0 0 0 458086 464327 458086 464327 -72210 -111022 2335351 2238317 80613 94601 2254738 2143716 X THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 59-UNIT APARTMENT COMMUNITY IN GREENSBORO, NORTH CAROLINA, KNOWN AS NBA ANOINTED ACRES, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 0 0 397756 238625 THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 59-UNIT APARTMENT COMMUNITY IN GREENSBORO, NORTH CAROLINA, KNOWN AS NBA ANOINTED ACRES, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 397756 1 1 0 0 0 0 0 0 0 0 1 0 1 0 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 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 0 1 1 0 0 1 0 0 1 0 0 0 X LAURA GRIMES 3367650424 PO BOX 25168 WINSTONSALEM NC 27114 X X CLARETTA WITHERSPOON CHAIR 0.50 0.50 X X 0 0 0 AMY YANDELL SECRETARY 0.50 0.50 X X 0 0 0 M RUTH MCCOY TREASURER 0.50 0.50 X X 0 0 0 WANDA JOHNSON MEMBER 0.50 0.50 X 0 0 0 RONALD GLOVER MEMBER 0.50 0.50 X 0 0 0 PAULA RITTER LIPSCOMB MEMBER 0.50 0.50 X 0 0 0 ELLEN SMITH MEMBER 0.50 0.50 X 0 0 0 0 0 0 0 0 0 0 0 97420 97420 RENTAL INCOME 531110 248069 248069 248069 12424 12424 9444 -9444 -9444 -9444 LAUNDRY & VENDING 531110 2631 2631 TENANT CHARGES 531110 2133 2133 OTHER REVENUE-MISC. 531110 72 72 4836 353305 238625 0 17260 41415 41415 2 2 6422 6422 14316 14316 2102 2102 267016 267016 785 785 454 454 99340 99340 1075 1075 MTG. CO EMPLOYEE CHARGE 30647 30647 BAD DEBTS 753 753 464327 397756 66571 0 23836 1211 3387 3089 19644 22539 4163801 2269021 1947063 1894780 323029 297256 18392 19442 2335351 2238317 57764 69262 2397 683 20452 24656 80613 94601 X 2254738 2143716 2254738 2143716 2335351 2238317 -111022 0 X X 0 1 X 1 1 1 X 114115 126504 120101 112118 97420 570258 211845 213419 216529 221777 248069 1111639 325960 339923 336630 333895 345489 1681897 0 0 0 1681897 401 163 341 11552 12424 24881 401 163 341 11552 12424 24881 4451 7079 1849 44136 4836 62351 330812 347165 338820 389583 362749 1769129 0.95070 0.95640 0.01410 0.00750 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. INCLUDED ON PAGE 9 IN CURRENT YEAR OTHER REVENUE LINE 7C IS A LOSS ON DISPOSAL OF DEPRECIABLE ASSETS OF $9,444. THE LOSS IS NOT BEING INCLUDED ON SCHEDULE A, PART III, LINE 12 BECAUSE IT DOES NOT MEET THE DEFINITON OF SUPPORT AS DEFINED IN SECTION 509(D) OF THE INTERNAL REVENUE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 206960 206960 3817800 2165584 1652216 34200 19152 15048 104841 84285 20556 1894780 MORTGAGE ESCROW DEPOSITS 7887 C RESERVE REPLACEMENT FUND 233496 C RESIDUAL RECEIPTS 55873 C 297256 SECURITY DEPOSITS 19425 ACCRUED WAGES PAYABLE 4853 ACCRUED PAYROLL TAXES PAYABLE 378 24656 X 362749 9444 9444 353305 0 353305 474588 10261 10261 464327 0 464327 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL 9,444. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 823. LOSS ON DISPOSAL 9,438. FORM 990, PART VI, SECTION A, LINE 3 ANOINTED ACRES HOUSING DEVELOPMENT IS MANAGED BY COMMUNITY MANAGEMENT CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. COMMUNITY MANAGEMENT CORPORATION HAS A PROJECT OWNER'S & MANAGEMENT CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION HUD HAS APPROVED COMMUNITY MANAGEMENT CORPORATION TO MANAGE THE ANOINTED ACRES HOUSING DEVELOPMENT PROPERTY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CORPORATION SHALL AT ALL TIMES BE LIMITED TO INDIVIDUALS WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES OF THE NATIONAL BENEVOLENT ASSOCIATION OF THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST). FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE MEMBERS OF THE CORPORATION AND SHALL BE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION BY THE MEMBERS. MEMBERS OF THE CORPORATION SHALL AT ALL TIMES BE LIMITED TO INDIVIDUALS WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES OF THE NATIONAL BENEVOLENT ASSOCIATION OF THE CHRISTIAN CHURCH (DISCIPLES OF CHRIST). FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE INDEPENDENT ACCOUNTANT FORWARDS A DRAFT OF FORM 990 TO THE MANAGEMENT COMPANY, WHICH IN TURN DISPERSES A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. UPON BOARD APPROVAL, THE BOARD PRESIDENT NOTIFIES THE MANAGEMENT COMPANY TO COMMUNICATE APPROVAL TO THE OUTSIDE ACCOUNTANT, WHICH ISSUES A FINAL RETURN FOR THE BOARD PRESIDENT TO SIGN AND FILE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR DIRECTORS (SEE PAGE 7, PART VII). IF THE ORGANIZATION REVISES THEIR POSITION ON COMPENSATION OF OFFICERS AND DIRECTORS, AN ADDITIONAL POLICY WILL BE DRAFTED AT THAT TIME. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B AVERAGE NUMBER OF HOURS WORKED: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. FORM 990, PART XII, LINE 2C OVERVIEW OF AUDIT FUNCTION: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. NATIONAL BENEVOLENT ASSOCIATION OF CHRISTIAN CHURCHES 149 WELDON PKWY STE 115 MARYLAND HTS MO 63043 431527871 SOCIAL AND HEALTH SERVICES DIVISION OF DISCIPLES OF CHRIST MO 501(C)(3) 170(B)(1)(A)(I) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0