2025-10-09T10:35:13-05:00 2024-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2024-01-01 382600226 HEARTSIDE NONPROFIT HOUSING CORPORATION HEAR 6168550411 101 SHELDON BOULEVARD SE SUITE 2 GRAND RAPIDS MI 49503 VINCE LAMBERT CFO 6168550411 2025-10-08 1 0 TODD FENTRESS CPA P01242481 6145281440 2025-10-08 2024 2025-03-06 01:10:19Z VINCE LAMBERT 101 SHELDON BOULEVARD SE SUITE 2 GRAND RAPIDS MI 49503 1190221 0 X N/A X 1985 MI ORGANIZED EXLUSIVELY TO PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME AND TO CARRY ON ANY BUSINESS IN CONNECTION THEREWITH. 4 4 0 4 0 0 430754 582961 260847 441903 135633 165357 0 0 827234 1190221 424254 574361 0 0 0 0 0 0 0 453672 511127 877926 1085488 -50692 104733 16369102 21308168 1590085 2844415 14779017 18463753 HEARTSIDE NONPROFIT HOUSING CORPORATION DEVELOPS RESIDENTIAL HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS. 0 0 1055662 574361 441903 DEVELOP AND OPERATE RESIDENTIAL HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS. 1055662 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 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 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X VINCE LAMBERT 6168550411 101 SHELDON BLVD SE STE2 GRAND RAPIDS MI 49503 JEREMY DEROO FORMER CEO 1.00 40.00 X X 0 240829 0 LEE NELSON WEBER SECRETARY 1.00 1.00 X X 0 0 0 RICH KOGELSCHATZ CHAIRPERSON 1.00 1.00 X 0 0 0 KIM SIMS VICE CHAIRPERSON 1.00 1.00 X 0 0 0 ANGIE SANBORN TREASURER 1.00 1.00 X 0 0 0 ALONDA TRAMMELL-MILLER CHIEF SERVICES OFFICER 1.00 40.00 X 0 177424 0 FELISHA RODRIGUEZ FORMER COO 1.00 40.00 X 0 201112 0 VINCE LAMBERT CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 170410 0 JACOB HORNER CHIEF REAL ESTATE DEVELOPM 1.00 40.00 X 0 173644 0 0 963419 0 0 0 1 0 0 8600 574361 582961 RENTAL REVENUE 531110 264618 264618 MISCELLANEOUS REVENUE 531110 168600 168600 TENANT CHARGES 531110 8685 8685 441903 165357 165357 1190221 441903 0 165357 574361 574361 14582 14582 3779 3779 8621 21 8600 372 372 5028 5028 41452 41452 59414 59414 234619 234619 16086 16086 REPAIRS AND MAINTENANCE 58905 58905 CONTRACT SERVICES 50766 50766 MISCELLANEOUS 11662 5018 6644 BAD DEBT EXPENSE 5841 5841 1085488 1055662 29826 0 164424 161547 15611 213009 9231799 8878722 10343 11591 7908989 4168386 3672788 3740603 3274137 6854140 0 1448556 16369102 21308168 135315 606225 4379 3832 1450391 2234358 1590085 2844415 X 14779017 18463753 14779017 18463753 16369102 21308168 104733 3580003 0 X X 0 1 X 1 1 1 X 471192 468783 474093 430754 582961 2427783 471192 468783 474093 430754 582961 2427783 2427783 136354 136680 135433 135433 165357 709257 3137040 1407910 0.77390 0.77170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 168600 168600 7650209 4110221 3539988 90180 58165 32015 3740603 INVESTMENT IN HOUSING PROJECTS 6854140 C 6854140 INTEREST RECEIVABLE 1431930 TENANT SECURITY DEPOSITS 16626 1448556 DWELLING PLACE NOTE PAYABLE 2218870 REFUNDABLE DEPOSITS 15488 2234358 X PART X, LINE 2: TAX POSITIONS TAKEN ARE ASSESSED FOR UNCERTAINTY AND A PROVISION MAY BE RECORDED IF A TAX POSITION IS NOT LIKELY TO BE SUSTAINED UPON EXAMINATION. 1 DWELLING PLACE OF GRAND RAPIDS 101 SHELDON BOULEVARD SE GRAND RAPIDS MI 49503 382313832 501 (C) 3 77720 0 TO ASSIST DWELLING PLACE OF GRAND RAPIDS IN PROVIDING LOW INCOME HOUSING. KBC LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BOULEVARD SE GRAND RAPIDS MI 49503 201356080 208720 0 TO ASSIST KBC LIMITED DIVIDEND HOUSING ASSOCIATION IN PROVIDING LOW INCOME HOUSING. HERKIMER COMMERCE LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BOULEVARD SE GRAND RAPIDS MI 49503 383866828 287921 0 TO ASSIST HERKIMER COMMERCE LDHA IN PROVIDING LOW INCOME HOUSING. 1 2 PART I, LINE 2: HEARTSIDE GRANTS MONIES TO ORGANIZATIONS AND INDIVIDUALS AFTER A THOROUGH APPROVAL PROCESS. THE BOARD OF DIRECTORS MONITORS THE USE OF GRANT FUNDS BY PERFORMING SITE VISITS, INQUIRY OF RECIPIENTS, AND REQUIRES PERIODIC REPORTING WHEN NECESSARY. 0 0 0 0 0 0 0 0 0 JEREMY DEROO FORMER CEO 0 240829 0 0 0 0 0 0 0 0 0 240829 0 0 FELISHA RODRIGUEZ FORMER COO 0 201112 0 0 0 0 0 0 0 0 0 201112 0 0 ALONDA TRAMMELL-MILLER CHIEF SERVICES OFFICER 0 177424 0 0 0 0 0 0 0 0 0 177424 0 0 JACOB HORNER CHIEF REAL ESTATE DEVELOPM 0 173644 0 0 0 0 0 0 0 0 0 173644 0 0 VINCE LAMBERT CHIEF FINANCIAL OFFICER 0 170410 0 0 0 0 0 0 0 0 0 170410 0 0 PART I, LINE 3: SALARIES ARE DETERMINED BY A RELATED ORGANIZATION, DWELLING PLACE OF GRAND RAPIDS NPHC. SALARIES ARE DETERMINED BY THE EXECUTIVE COMMITEE OF THE BOARD. DWELLING PLACE PERIODICALLY PERFORMS A SALARY STUDY BASED ON COMPARABLE DATA FROM OUTSIDE SOURCES SPECIFIC TO NON-PROFITS AND/OR REAL ESTATE/HOUSING MANAGEMENT INDUSTRY. THE DATA FROM THESE STUDIES AS WELL AS PERFORMANCE REVIEWS PROVIDE A BASIS FOR THE EXECUTIVE COMMITEE'S SALARY DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B DRAFT FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS BEFORE FILING. AFTER A SET TIME PERIOD, IF NO COMMENTS FROM THE BOARD, MANAGEMENT WILL APPROVE THE 990 TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS FILL OUT A FORM ANNUALLY. IF A CONFLICT EXISTS, THE MEMBER ABSTAINS FROM ANY RELATED VOTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION WILL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE BOARD MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY. MARTINEAU HOLDINGS LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 LOW INCOME HOUSING MI 261047 3836700 HEARTSIDE NONPROFIT HOUSING CORPORATION ELMDALE NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 200363774 OPERATE RESIDENTIAL HOUSING FOR LOW-INCOME INDIVIDUALS MI 501(C)(3) LINE 10 DWELLING PLACE OF GRAND RAPIDS NPHC 0 DWELLLING PLACE OF GRAND RAPIDS NPHC 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 382313832 PROVIDING SUPPORT SERVICES AND REVITALIZING NEIGHBORHOODS MI 501(C)(3) LINE 7 N/A 0 DWELLING PLACE FOUNDATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 202584283 COLLECT ENDOWMENT CONTRIBUTIONS TO SUPPORT DWELLING PLACE OF GRAND RAPIDS MI 501(C)(3) LINE 7 DWELLING PLACE OF GRAND RAPIDS NPHC 0 DWELLING PLACE COMMUNITY LAND TRUST 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 851916187 CREATE AND PRESERVE PERMANENT SUPPLY OF AFFORDABLE HOMES MI 501(C)(3) LINE 7 DWELLING PLACE OF GRAND RAPIDS NPHC 0 SAWKAW INC 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 382527481 TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY AND DISABLED INDIVIDUALS MI 501(C)(4) N/A DWELLING PLACE OF GRAND RAPIDS NPHC 0 44 IONIA LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 201968469 LOW INCOME HOUSING MI HEARTSIDE NONPROFIT HOUSING CORPORATION RELATED -27 2473912 0 1 0.00010 BRIDGE ST LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 263068078 LOW INCOME HOUSING MI N/A 0 0 DWELLING PLACE RURAL LIMITED DIVIDNED HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 383543345 LOW INCOME HOUSING MI N/A 0 0 GOODRICH LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 270575733 LOW INCOME HOUSING MI N/A 0 0 GRANDVILLE HEARTSIDE LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 383351141 LOW INCOME HOUSING MI N/A 0 0 HALL STREET LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 263068360 LOW INCOME HOUSING MI N/A 0 0 HARVEST HILL LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 371422254 LOW INCOME HOUSING MI N/A 0 0 HERKIMER APARTMENTS LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHI 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 611675056 LOW INCOME HOUSING MI N/A 0 0 HERKIMER COMMERCE LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERHSIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 383866828 LOW INCOME HOUSING MI N/A 0 0 HPFH LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 611801957 LOW INCOME HOUSING MI N/A 0 0 KBC LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 201356080 LOW INCOME HOUSING MI N/A 0 0 KELSEY LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 200567199 LOW INCOME HOUSING MI N/A 0 0 LCH 36 LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 473197663 LOW INCOME HOUSING MI N/A 0 0 LIBERTY LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 205435606 LOW INCOME HOUSING MI N/A 0 0 NEW HOPE HOMES LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 383266358 LOW INCOME HOUSING MI N/A 0 0 PINE AVENUE LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 820895465 LOW INCOME HOUSING MI N/A 0 0 PLAZA FRANKLIN LIMITED DIVIDEND HOUSING ASSOCATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 824154099 LOW INCOME HOUSING MI N/A 0 0 PLAZA GRANDVILLE LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 824182476 LOW INCOME HOUSING MI N/A 0 0 ROOSEVELT LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 473183823 LOW INCOME HOUSING MI N/A 0 0 WHITEHALL DP LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 380790731 LOW INCOME HOUSING MI N/A 0 0 FERGUSON APARTMENTS LIMITED DIVIDEND HOUSING ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 611898460 LOW INCOME HOUSING MI N/A 0 0 44 IONIA LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 201968469 LOW INCOME HOUSING MI HEARTSIDE NONPROFIT HOUSING CORPORATION RELATED -27 248327 0 0 0.00010 KBC NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 201355857 LOW INCOME HOUSING MI N/A C 0 GOODRICH NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 270575514 LOW INCOME HOUSING MI N/A C 0 LIBERTY NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 205412079 LOW INCOME HOUSING MI N/A C 0 BRIDGE STREET NONPROFT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 263068078 LOW INCOME HOUSING MI N/A C 0 DP RURAL NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 383543206 LOW INCOME HOUSING MI N/A C 0 SHELDON-WESTON INC 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 383364624 LOW INCOME HOUSING MI N/A C 0 KELSEY NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 200566789 LOW INCOME HOUSING MI N/A C 0 HALL STREET NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 263068286 LOW INCOME HOUSING MI N/A C 0 HERKIMER APARTMENTS NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 454429764 LOW INCOME HOUSING MI N/A C 0 LCH 36 NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 473184370 LOW INCOME HOUSING MI N/A C 0 ROOSEVELT NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 473172351 LOW INCOME HOUSING MI N/A C 0 HERKIMER CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 473260791 LOW INCOME HOUSING MI N/A C 0 MARTINEAU CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 473412870 LOW INCOME HOUSING MI N/A C 0 101 SHELDON CONDOMINIUM ASSOCIATON 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 270936214 LOW INCOME HOUSING MI N/A C 0 ROOSEVELT CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 475510981 LOW INCOME HOUSING MI N/A C 0 HPFH NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 813534807 LOW INCOME HOUSING MI N/A C 0 PINE AVENUE NONPROFIT HOUSING CORPORATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 820884418 LOW INCOME HOUSING MI N/A C 0 DP FRANKLIN LLC 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 824127829 LOW INCOME HOUSING MI N/A C 0 DP GRANDVILLE LLC 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 824154443 LOW INCOME HOUSING MI N/A C 0 NEW FERGUSON LLC 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 831435080 LOW INCOME HOUSING MI N/A C 0 FERGUSON CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 802333500 LOW INCOME HOUSING MI N/A C 0 MARTINEAU 120 CLT CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 873906147 LOW INCOME HOUSING MI N/A C 0 MARTINEAU 106 CLT CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 873927298 LOW INCOME HOUSING MI N/A C 0 PLAZA GRANDVILLE CONDOMINIUM ASSOCIATION 101 SHELDON BLVD SE STE 2 GRAND RAPIDS MI 49503 863212310 LOW INCOME HOUSING MI N/A C 0 1 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 KBC LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP A 19710 INTEREST ACCRUED 44 IONIA LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP A 44656 INTEREST ACCRUED KELSEY LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP A 12250 INTEREST ACCRUED HARVEST HILL LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP A 2266 INTEREST ACCRUED LCH 36 LIMITED DIVIDEND HOUSING ASSOCIATION A 54740 INTEREST ACCRUED KBC LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP B 208720 CASH DWELLING PLACE OF GRAND RAPIDS NPHC B 77720 CASH HERKIMER COMMERCE LIMIMTED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP D 1082655 LOAN VALUE HARVEST HILL LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP D 226621 LOAN VLAUE 44 IONIA LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP D 4465664 LOAN VALUE KELSEY LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP D 250000 LOAN VALUE BRIDGE STREET LIMITED DIVIDEND HOUSING ASSOCIATION D 320000 LOAN VLAUE KBC LIMITED DIVIDEND HOUSING ASSOCIATION LIMITED PARTNERSHIP D 400000 LOAN VALUE DWELLING PLACE OF GRAND RAPIDS NPHC D 904432 LOAN VALUE LCH 36 LIMITED DIVIDEND HOUSING ASSOCIATION D 1190000 LOAN VLAUE DWELLING PLACE OF GRAND RAPIDS NPHC E 1365422 LOAN VALUE, ACCRUED INTEREST DP RURAL LIMITED DIVIDEND HOUSING ASSOCIATION LP A 1810 ACCRUED INTEREST