2025-06-18T15:02:16-05:00 2024-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2024-01-01 311727952 THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY AFFO 6142286488 175 SOUTH THIRD ST 1250 COLUMBUS OH 43215 IAN LABITUE PRESIDENT/CEO 6142286488 2025-06-17 1 0 TODD FENTRESS CPA P01242481 6145281440 2025-06-17 2024 2025-03-06 01:10:19Z IAN LABITUE 175 SOUTH THIRD ST 1250 COLUMBUS OH 43215 21414630 0 X WWW.HZTRUST.ORG X 2000 OH FACILITATE AND INVEST IN DEVELOPMENTS DESIGNED TO: CREATE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND RENTAL HOUSING; STRENGTHEN AND STABILIZE NEIGHBORHOODS; SUPPORT WORKING HOUSEHOLDS, SENIORS AND SPECIAL NEEDS POPULATIONS. 13 13 17 14 0 0 13900825 13968869 3471592 4930123 1948016 2467086 39933 47400 19360366 21413478 352851 362962 0 0 1704283 1930897 0 0 0 2882281 3459553 4939415 5753412 14420951 15660066 154230973 221617044 42755218 94481223 111475755 127135821 FACILITATE AND INVEST IN DEVELOPMENTS DESIGNED TO: CREATE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND RENTAL HOUSING; STRENGTHEN AND STABILIZE NEIGHBORHOODS; SUPPORT WORKING HOUSEHOLDS, SENIORS AND SPECIAL NEEDS POPULATIONS. 0 0 4957762 362962 4977523 IN 2024, THE HOUSING TRUST HAS PROGRAM-RELATED OBLIGATIONS OF A RESTRICTED BALANCE OF $108.9 MILLION. THE TRUST HAS ALSO FACILITATED THE CREATION OR PRESERVATION OF 1965 HOUSING UNITS IN COLUMBUS, FRANKLIN COUNTY, AND THE SURROUNDING REGION. 4957762 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 24 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 1 0 OH X BRIAN MCCLELLAN 6142286488 175 SOUTH THIRD ST SUITE 1250 COLUMBUS OH 43215 LARK MALLORY FORMER PRESIDENT & CEO (RETIRED 2024) 40.00 1.00 X 408648 0 27933 MICHELLE L PROULX VP & FUND MANAGER 40.00 X 161803 0 28616 DAVID BUTCHER DIRECTOR OF LENDING 40.00 X 152070 0 29537 BRIAN MCCLELLAN CONTROLLER 40.00 X 164486 0 11591 DEREK ANDERSON CHIEF OF STAFF 40.00 X 127339 0 19496 BRANDIE HANCOCK DIRECTOR OF OPERATIONS 40.00 X 101961 0 27618 STEVEN GLADMAN INTERIM PRESIDENT & CEO 40.00 X 97070 0 0 LAUREN HAGAN CHAIR 1.00 X X 0 0 0 JOEL COLEMAN VICE CHAIR 1.00 X X 0 0 0 SEAN GRANT DIRECTOR 1.00 X 0 0 0 STEPHEN WITTMAN DIRECTOR 1.00 X 0 0 0 JODELLE CARDER DIRECTOR 1.00 X 0 0 0 BILL LAFAYETTE PHD DIRECTOR 1.00 X 0 0 0 MICHAEL CHILDS DIRECTOR 1.00 X 0 0 0 JACQUELIN LEWIS DIRECTOR 1.00 X 0 0 0 WILLIAM FAITH DIRECTOR 1.00 X 0 0 0 PASTOR VICTOR DAVIS DIRECTOR ( RETIRED 2024) 1.00 X 0 0 0 HAL KELLER DIRECTOR 1.00 1.00 X 0 0 0 MARY LOVE DIRECTOR 1.00 X 0 0 0 MATTHEW KEATING DIRECTOR 1.00 X 0 0 0 AUTUMN GLOVER DIRECTOR 1.00 X 0 0 0 1213377 0 144791 7 1 1 0 0 13702878 265991 13968869 INTEREST ON NOTES RECEIVABLE 531390 4491253 4491253 LOAN FEES 531390 393870 393870 MANAGEMENT INCOME 531390 45000 45000 4930123 2468238 2468238 1152 -1152 -1152 -1152 OTHER INCOME 531390 47400 47400 47400 21413478 4977523 0 2467086 362962 362962 1358168 1086535 271633 261030 208824 52206 47991 38393 9598 149198 119358 29840 114510 91607 22903 147250 117800 29450 372085 146550 225535 9325 7459 1866 54468 43580 10888 25710 20568 5142 154136 123309 30827 17623 14098 3525 52562 42050 10512 1812508 1812508 9328 7462 1866 PROVISION FOR LOAN LOSS 702309 702309 MISCELLANEOUS EXPENSES 102249 12390 89859 5753412 4957762 795650 0 326487 520474 57189918 57649431 133370 46500 96100862 162848388 5625 24610 533554 129313 367111 404241 107600 123400 154230973 221617044 728040 1159227 1512561 6704860 40514617 86617136 42755218 94481223 X 15773655 18216782 95702100 108919039 111475755 127135821 154230973 221617044 15660066 0 X X 0 1 X 1 1 1 X 8942258 12552653 10352267 13900825 13968869 59716872 8942258 12552653 10352267 13900825 13968869 59716872 59716872 42690 9993 353337 1948016 2468238 4822274 64539146 17487859 0.92530 0.95230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 210064 202341 12803 822 424386 35768 170471 3992 167 210064 166867 167879 1720 300000 698 35768 4694 162189 4 20 166867 95405 153681 399 244689 102 4694 1.00000 1 0 109867 90371 19496 423687 38942 384745 404241 X 21414630 1152 1152 21413478 0 21413478 5754564 1152 1152 5753412 0 5753412 PART X, LINE 2: NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS AS THE HOUSING TRUST, AHT HOLDINGS LLC AND HOUSING ACTION FUND LLC HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS ORGANIZATIONS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE HOUSING TRUST ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) FOR INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE HOUSING TRUST DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF CAPITAL ASSETS NETTED WITH REVENUES FOR 990 1,152. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF CAPITAL ASSETS NETTED WITH REVENUES FOR 990 1,152. 1 AFFORDABLE HOUSING ALLIANCE OF CENTRAL OHIO 215 N FRONT STREET COLUMBUS OH 43215 474823299 501(C)(3) 10000 0 BOOK N/A ANNUAL SPONSORSHIP LIFECARE ALLIANCE 1699 WEST MOUND STREET COLUMBUS OH 43223 314379494 501(C)(3) 36285 0 BOOK N/A GRANT PROGRAM GERTRUDE WOOD COMMUNITY FOUNDATION 1573 E LIVINGSTON AVE COLUMBUS OH 43205 432099497 501(C)(3) 20000 0 BOOK N/A GRANT PROGRAM HABITAT FOR HUMANITY-MIDOHIO 6665 BUSCH BLVD COLUMBUS OH 43229 311217994 501(C)(3) 50000 0 BOOK N/A GRANT PROGRAM HNHF REALTY COLLABORATIVE PO BOX 77499 COLUMBUS OH 43207 202773085 501(C)(3) 50500 0 BOOK N/A GRANT PROGRAM HOMEPORT 3443 AGLER ROAD SUITE 200 COLUMBUS OH 43219 311208260 501(C)(3) 30000 0 BOOK N/A GRANT PROGRAM AND EVENT SPONSORSHIP STAR HOUSE 1220 CORRUGATED WAY COLUMBUS OH 43201 471857320 501(C)(3) 39889 0 BOOK N/A GRANT PROGRAM PARTNERS ACHIEVING COMMUNITY TRANSFORMATION INC 211 TAYLOR AVENUE COLUMBUS OH 43203 464290005 501(C)(3) 40000 0 BOOK N/A GRANT PROGRAM NETCARE ACCESS 199 S CENTRAL AVE COLUMBUS OH 43223 311030840 501(C)(3) 23500 0 BOOK N/A GRANT PROGRAM COMMUNITY HOUSING NETWORK INC 1680 WATERMARK DR COLUMBUS OH 43215 311222236 501(C)(3) 22052 0 BOOK N/A GRANT PROGRAM CENTRAL COMMUNITY HOUSE OF COLUMBUS 1150 E MAIN ST COLUMBUS OH 43205 314379438 501(C)(3) 11332 0 BOOK N/A GRANT PROGRAM COLUMBUS URBAN LEAGUE 788 MOUNT VERNON COLUMBUS OH 43208 314379453 501(C)(3) 5000 0 BOOK N/A SPONSORSHIP 12 PART I, LINE 2: GRANTS ARE MONITORED AND APPROVED BY THE BOARD OF DIRECTORS. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 LARK MALLORY FORMER PRESIDENT & CEO (RETIRED 2024 308648 0 100000 0 0 0 13425 0 14508 0 436581 0 0 0 MICHELLE L PROULX VP & FUND MANAGER 146053 0 15750 0 0 0 1246 0 27370 0 190419 0 0 0 DAVID BUTCHER DIRECTOR OF LENDING 137070 0 15000 0 0 0 8008 0 21529 0 181607 0 0 0 BRIAN MCCLELLAN CONTROLLER 138486 0 26000 0 0 0 9869 0 1722 0 176077 0 0 0 PART I, LINE 1A CERTAIN BENEFITS ARE PROVIDED TO OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES OR HIGHEST COMPENSATED EMPLOYEES. PART I, LINE 3 APPROPRIATE METHODS ARE IN PLACE TO ESTABLISH THE COMPENSATION OF THE ORGANIZATIONS CEO/EXECUTIVE DIRECTOR. PART I, LINE 4A LARK MALLORY - FORMER EMPLOYEE. APPROPRIATE COMPENSATION INFORMATION IS LISTED ON FORM 990 PART VII AND SCHEDULE J. FORM 990, PART VI, SECTION A, LINE 7A THE HOUSING TRUST IS GOVERNED BY AT LEAST AN ELEVEN MEMBER BOARD OF DIRECTORS. FIVE DIRECTORS (THE "APPOINTED DIRECTORS") SHALL BE JOINTLY APPOINTED BY BOARD OF COMMISSIONERS OF THE COUNTY OF FRANKLIN, OHIO (THE "COUNTY BOARD OF COMMISSIONERS") AND THE MAYOR OF THE CITY OF COLUMBUS (THE "CITY'). THE REMAINING DIRECTORS SHALL BE ELECTED BY THE BOARD OF DIRECTORS OF THE CORPORATION (THE "ELECTED DIRECTORS"). 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 PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. 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 XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AHT HOLDINGS LLC 175 SOUTH THIRD STREET SUITE 1250 COLUMBUS OH 43215 462247042 HOUSING OH 0 130 THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY HOUSING ACTION FUND LLC 175 SOUTH THIRD STREET SUITE 1250 COLUMBUS OH 43215 844045488 FINANCE OH 381523 76229706 THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY AHT REGIONAL IMPACT FUND LLC 175 SOUTH THIRD STREET SUITE 1250 COLUMBUS OH 43215 933412041 FINANCE OH 21490 13535762 THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY