2025-10-24T14:50:23-05:00 2024-12-31 610484308 WELENKEN CPAS 730 WEST MARKET STREET SUITE 200 LOUISVILLE KY 40202 990 2024-01-01 541614099 AMERICAN VILLAGE COMMUNITIES INC AMER 7035910288 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 BRANT BABER PRESIDENT 7035910288 2025-10-22 1 1 ANDREW REH CPA P01417638 5025853251 2024 2025-03-06 01:10:19Z BRANT BABER 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 5936701 0 3342 X N/A X 1991 VA ASSIST IN AND DIRECTLY SUPPORT PROVIDING HOUSING FOR LOW AND VERY LOW-INCOME, ELDERLY AND HANDICAPPED PERSONS. 6 4 3 0 0 0 0 0 325000 362500 452004 1691211 0 0 777004 2053711 245000 50000 0 0 650479 699461 0 0 0 217763 187440 1113242 936901 -336238 1116810 9513912 9886434 21846 86722 9492066 9799712 X ASSIST IN AND DIRECTLY SUPPORT PROVIDING HOUSING FOR LOW AND VERY LOW-INCOME PERSONS, ELDERLY PERSONS AND HANDICAPPED PERSONS BY PROVIDING MANAGEMENT AND PROGRAM SUPPORT SERVICES TO SUBORDINATE AND/OR SUPPORTED ORGANIZATIONS WHICH ENGAGE IN HOUSING PROJECTS THAT SERVE THE ABOVE. 0 0 855244 50000 362500 AVC PROVIDES ASSET MANAGEMENT AND PROGRAM SUPPORT SERVICES ON BEHALF OF ITS SUBORDINATE AND/OR SUPPORTED ORGANIZATIONS WHICH ENGAGE IN LOW AND VERY-LOW INCOME HOUSING AND ELDERLY HOUSING PROJECTS. AVC, AS AN IRC SECTION 509(A)(3) SUPPORTING ORGANIZATION, SUPPORTS THESE ORGANIZATIONS IN PROVIDING HOUSING FOR LOW AND VERY-LOW INCOME PERSONS AND ELDERLY AND HANDICAPPED. 855244 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 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 0 0 0 1 5 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMERICAN VILLAGE COMMUNITIES INC 7035910288 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 X BRANT BABER PRES/SEC/TREAS/DIR 15.00 25.00 X X 343750 0 4789 JOHN CONRAD DIRECTOR 0.50 X 0 0 0 MARGARET P BESSETTE DIRECTOR 0.50 X 0 0 0 SAMUEL CARNES DIRECTOR 0.50 X 0 0 0 DANIEL J JESSEE DIRECTOR 0.50 X 0 0 0 STEELE JONES DIRECTOR 0.50 X 0 0 0 KATHERINE KALINOWSKI EXEC. VICE PRESIDENT 20.00 20.00 X 231250 0 4263 575000 0 9052 2 0 1 0 0 CAPACITY SUSTAINING GRANTS 531390 362500 362500 362500 267106 267106 5307095 3882990 1424105 1424105 1424105 2053711 362500 0 1691211 50000 50000 584052 584052 75200 75200 5151 5151 35058 35058 34869 34869 26563 26563 2439 2439 30753 30753 25341 25341 32291 32291 857 857 6207 6207 15496 15496 MEALS 4436 4436 DUES AND SUBSCRIPTIONS 3459 3459 CONSULTING 2500 2500 CLIENT RELATIONS 2229 2229 936901 855244 81657 0 156553 265126 263916 865533 9326 18880 7159 7541 76887 43856 27131 33031 9041275 8619667 8552 76656 9513912 9886434 17177 13949 4669 72773 21846 86722 X 9492066 9799712 9492066 9799712 9513912 9886434 1116810 -809164 0 X 1 X 0 0 0 X X X 4 DANIEL HOUSING CORPORATION 521822533 10 1 0 0 METROPOLIS - AVC INC 743008137 10 1 0 0 EL PASO - AMERICAN HOUSING FOUNDATION INC 742956645 10 1 0 0 VILLAGE COMMUNITIES INC 460728762 10 1 50000 0 4 50000 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART I LINE 11G COLUMN VI THE ORGANIZATION PROVIDES SERVICES TO THE SUPPORTED ORGANIZATIONS AS SET FORTH IN THE ORGANIZATION'S RESPONSES TO PART IV SECTION E LINE 2A. AS PERMITTED BY THE INSTRUCTIONS TO FORM 990, NO VALUATION OF THOSE SERVICES HAS BEEN INCLUDED. PART IV SECTION A LINE 2: THREE OF THE ORGANIZATION'S SUPPORTED ORGANIZATIONS ARE SUBORDINATE UNITS INCLUDED ON THE ORGANIZATION'S ROSTER OF SUBORDINATE ORGANIZATIONS FILED WITH THE IRS PURSUANT TO ITS GROUP EXEMPTION PERMISSION, DATED FEBRUARY 19, 1993, AND DO NOT HAVE AN INDEPENDENT IRS DETERMINATION LETTER REGARDING EITHER THEIR 501(C)(3) OR 509(A)(2) STATUS AND ONE SUPPORTED ORGANIZATION HAS AN INDEPENDENT DETERMINATION LETTER AS TO ITS 501(C)(3) AND 509(A)(2) STATUS. THE SUPPORTED ORGANIZATIONS REPORT ON THEIR RESPECTIVE TAX FILINGS THAT THEY CONSTITUTE PUBLIC CHARITIES UNDER SECTION 509(A)(2) BASED ON THEIR RECEIPT OF RENTS AND OTHER PUBLIC SUPPORT, OR BECAUSE THEY ARE WITHIN THE ADVANCE RULING PERIOD. THE ORGANIZATION, BY VIRTUE OF ITS INTERLOCKING DIRECTORS AND SAME PERSONS SERVING AS PRESIDENT AND VICE PRESIDENT OF THE ORGANIZATION AND ALL ITS SUPPORTED ORGANIZATIONS, SUPERVISES THE OPERATION OF ITS SUPPORTED ORGANIZATIONS, HELPS PREPARE AND FILE FORMS 990 AND AND THEREFORE HAS KNOWLEDGE OF THE 509(2)(2) ACTIVITIES OF ITS SUPPORTED ORGANIZATIONS AND THE CONTENTS OF TAX FILINGS. FOR THESE REASONS, THE ORGANIZATION WAS IN A POSITION TO DETERMINE THAT ITS SUPPORTED ORGANIZATIONS ARE DESCRIBED IN SECTION 509(A)(2) AND ARE NOT PRIVATE FOUNDATIONS. PART IV SECTION D LINE 3: THE BOARD OF DIRECTORS OF THE ORGANIZATION COMPRISES SIX DIRECTORS, FOUR OF WHOM ARE DIRECTORS OF ONE OR MORE SUPPORTED ORGANIZATIONS AND WHO ARE APPOINTED BY THE SUPPORTED ORGANIZATIONS TO THE BOARD OF THE ORGANIZATION. THE BOARD OF DIRECTORS OF EACH SUPPORTED ORGANIZATION HAS AT LEAST TWO DIRECTORS WHO ARE DIRECTORS OF THE ORGANIZATION. IN ADDITION, THE SAME PERSONS WHO ARE THE PRESIDENT AND VICE PRESIDENT OF EVERY SUPPORTED ORGANIZATION ARE THE PRESIDENT AND VICE PRESIDENT OF THE ORGANIZATION. THESE INTERLOCKING RELATIONSHIPS GIVE EACH SUPPORTED ORGANIZATION A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT AND FINANCIAL POLICIES AND IN DIRECTING, THE USE OF THE ORGANIZATION'S INCOME AND ASSETS, INCLUDING ALL SUPPORT OF THE SUPPORTED ORGANIZATIONS BY THE ORGANIZATION. PART IV SECTION E LINE 2A: THE ORGANIZATION'S ACTIVITIES DIRECTLY FURTHER THE EXEMPT PURPOSES OF THOSE SUPPORTED ORGANIZATIONS LISTED ON SCHEDULE A PART I LINE 11G, BY PROVIDING SUBSTANTIAL AND CONTINUING ORGANIZATIONAL, FINANCIAL, INVESTMENT, COMPLIANCE, REPORTING, LEGAL, PROGRAM AND SUPPORTIVE SERVICES IN FURTHERANCE OF THE SUPPORTED ORGANIZATIONS' EXEMPT ACTIVITIES, WHICH INVOLVE THE DEVELOPMENT, OWNERSHIP AND/OR OPERATION OF HOUSING FOR LOW-INCOME, ELDERLY AND/OR HANDICAPPED PERSONS. THE SUPPORTED ORGANIZATIONS HAVE NO EXECUTIVE STAFF AND THE ORGANIZATION'S STAFF PROVIDES ALL SUCH SERVICES ON THEIR BEHALF. SUCH SERVICES INCLUDE, BUT ARE NOT LIMITED TO: - REVIEWING AND REVISING ANNUAL OPERATING AND CAPITAL BUDGETS - REVIEWING AND PURSUING QUESTIONS CONCERNING MONTHLY STATEMENTS OF REVENUES AND EXPENSES - NEGOTIATING ALL CONTRACTS WITH THIRD PARTIES TO PROVIDE CONSTRUCTION AND OTHER SERVICES TO THE PROPERTIES, AND ADMINISTERING THE PAYMENT DISBURSEMENT AND LIEN RELEASE PROCESS - HANDLING ALL MATTERS RELATING TO FINANCING AND REFINANCING PROPERTIES, INCLUDING SELECTION OF LENDERS, SURVEYORS, TITLE INSURANCE COMPANIES, ATTORNEYS AND OTHER PROFESSIONALS - APPLYING FOR AND JUSTIFYING THE BASIS FOR AD VALOREM EXEMPTION FOR PROPERTIES - PREPARING AND FILING ALL ANNUAL TAX RETURNS AND REPORTS REQUIRED BY THE STATE OF ORGANIZATION OF THE SUPPORTED ORGANIZATIONS - PREPARING AND FILING OR DELIVERING ALL DOCUMENTS REQUIRED BY LENDERS TO AND GOVERNMENTAL BODIES SUPERVISING THE ACTIVITIES OF THE SUPPORTED ORGANIZATIONS - BEING PHYSICALLY PRESENT AT THE PROPERTIES PERIODICALLY TO INSPECT THE FACILITIES, INTERVIEW THE MANAGEMENT COMPANY STAFF AND SUPERVISE IMPLEMENTATION OF ANNUAL BUDGETS AND CAPITAL IMPROVEMENT PLANS - ACQUIRING ALL LAND AND/OR BUILDINGS THE BOARD OF DIRECTORS OF THE ORGANIZATION COMPRISES SIX DIRECTORS, FOUR OF WHOM ARE DIRECTORS OF ONE OR MORE SUPPORTED ORGANIZATIONS AND WHO ARE APPOINTED BY THE SUPPORTED ORGANIZATIONS TO THE BOARD OF THE ORGANIZATION. THE BOARD OF DIRECTORS OF EACH SUPPORTED ORGANIZATION HAS AT LEAST TWO DIRECTORS WHO ARE DIRECTORS OF THE SUPPORTING ORGANIZATION. IN ADDITION, THE SAME PERSONS WHO ARE THE PRESIDENT AND VICE PRESIDENT OF EVERY SUPPORTED ORGANIZATION ARE THE PRESIDENT AND VICE PRESIDENT OF THE ORGANIZATION. THESE INTERLOCKING RELATIONSHIPS PERMIT THE ORGANIZATION TO KNOW THE DETAILS OF THE SUPPORTED ORGANIZATION'S ACTIVITIES ON A REGULAR BASIS, AND THEREFORE TO BE RESPONSIVE TO THE SUPPORTED ORGANIZATIONS. DUE TO THE LIMITED STAFF OF THE ORGANIZATION WHICH CARRIES OUT ALL ACTIVITIES OF THE ORGANIZATION FROM ONE OFFICE, THE ORGANIZATION AND ITS EXECUTIVE OFFICERS ARE AWARE THAT SUBSTANTIALLY ALL OF ITS ACTIVITIES ARE UNDERTAKEN EXCLUSIVELY FOR ITS SUPPORTED ORGANIZATIONS. PART IV SECTION E LINE 2B: THE SUPPORTED ORGANIZATIONS WOULD HAVE ENGAGED IN ALL OF THEIR ACTIVITIES BUT FOR THE ORGANIZATION'S INVOLVEMENT BECAUSE THOSE ACTIVITIES ARE REQUIRED TO BE UNDERTAKEN BY THE SUPPORTED ORGANIZATIONS DUE TO CORPORATE, STATUTORY, FINANCIAL, CONTRACTUAL, ADMINISTRATIVE, AND OPERATIONAL REQUIREMENTS AND AGREEMENTS INVOLVED IN DEVELOPING, OWNING AND/OR OPERATING RESIDENTIAL HOUSING FOR LOW INCOME, ELDERLY AND/OR HANDICAPPED PERSONS. THESE ARE TREMENDOUSLY INVOLVED AND COMPLICATED UNDERTAKINGS, WHICH REQUIRE CONSTANT AND SIGNIFICANT ATTENTION ON A DAILY AND WEEKLY BASIS. THE SUPPORTED ORGANIZATIONS HAVE NO STAFF TO CARRY OUT SUCH OBLIGATIONS, AND THEREFORE THEY COULD NOT HAVE BEEN ACCOMPLISHED BUT FOR THE INVOLVEMENT OF THE ORGANIZATION, ITS STAFF AND THEIR TECHNICAL KNOWLEDGE. 29851 13106 16745 47036 30750 16286 33031 LEASE LIABILITIES 72773 72773 X PART X, LINE 2: NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE AVC IS A TAX EXEMPT NOT-FOR-PROFIT CORPORATION UNDER IRC 501(C)(3). MANAGEMENT HAS CONCLUDED THAT ANY TAX POSITIONS THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT CRITERION OF FASB ASC 740-10 WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR UNCERTAIN TAX POSITIONS, AND NO RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE STATEMENTS OF ACTIVITIES OR ACCRUED IN THE STATEMENTS OF FINANCIAL POSITION. AVC FEDERAL FORMS 990 ARE GENERALLY OPEN TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 1 VILLAGE COMMUNITIES INC 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 460728762 501(C)(3) 50000 0 TO ASSIST THE ORGANIZATION WITH THEIR CHARITABLE OPERATIONS. 1 FORM 990, SCHEDULE I, PART I, QUESTION 2: ONE DIRECTOR OF THE ORGANIZATION IS A DIRECTOR OF THE SUPPORTED ORGANIZATIONS, AND THIS INTERLOCKING RELATIONSHIP PERMITS THE ORGANIZATION TO MONITOR AND CONTROL THE USE OF GRANT FUNDS. FORM 990, SCHEDULE I, PART II, QUESTION 1: AMERICAN VILLAGE COMMUNITIES, INC. IS A SUPPORTING ORGANIZATION OF VILLAGE COMMUNITIES, INC., UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE AND MADE A SUPPORT CONTRIBUTION TO THIS ENTITY PURSUANT TO ITS PRIVATE LETTER RULING. X X X X 0 0 0 0 0 0 0 0 0 BRANT BABER PRES/SEC/TREAS/DIR 343750 0 0 0 0 0 0 0 4789 0 348539 0 0 0 KATHERINE KALINOWSKI EXEC. VICE PRESIDENT 231250 0 0 0 0 0 0 0 4263 0 235513 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 PRESIDENT AND DIRECTOR BRANT BABER HAS A FAMILY RELATIONSHIP WITH EXECUTIVE VICE PRESIDENT KATHERINE KALINOWSKI. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS PREPARED BY THE CERTIFIED PUBLIC ACCOUNTANTS RETAINED BY THE TAXPAYER FOR THIS PURPOSE. THE FORM 990 IS REVIEWED BY THE TAXPAYER'S PRESIDENT, WHO DEALS WITH ALL FINANCING, CONTRACT AND CAPITAL EXPENDITURE ISSUES FOR THE TAXPAYER, BY THE TAXPAYER'S GENERAL COUNSEL, WHO DEALS WITH ALL LEGAL AND REGULATORY ISSUES FOR THE TAXPAYER, AND BY THE TAXPAYER'S INDEPENDENT ACCOUNTANT WHO HANDLES ALL PAYABLES AND RECEIVABLES FOR THE TAXPAYER. THE FORM 990 IS SENT IN DRAFT FORM TO ALL MEMBERS OF THE BOARD OF DIRECTORS WITH THE REQUEST TO PROVIDE COMMENTS OR POSE QUESTIONS. IF NECESSARY, A SPECIAL MEETING OF THE BOARD WILL BE CONVENED TO DISCUSS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE TAXPAYER'S CONFLICTS OF INTEREST AND COMPENSATION POLICY ("POLICY") IS STRAIGHT-FORWARD AND ADDRESSES THE DISCLOSURE AND RESOLUTION OF CONFLICTS OF INTEREST IN THE FOLLOWING MANNER: CONFLICTS OF INTEREST - NO DIRECTOR OR OFFICER OF THE TAXPAYER DOES BUSINESS WITH OR RECEIVES ANY MONEY FROM THE TAXPAYER, SO NO SUCH CONFLICTS HAVE ARISEN. IF ANY CONFLICTS OF INTEREST SHOULD ARISE THEY WILL BE DEALT WITH IN ACCORD WITH THE POLICY, WHICH, INTER ALIA, PROVIDES: A. THE BOARD OF DIRECTORS IS REQUIRED TO DETERMINE ALTERNATIVES, IF ANY, TO THE PROPOSED TRANSACTION OR ARRANGEMENT WITH THE INTERESTED PERSON; B. THE BOARD IS REQUIRED TO DETERMINE WHETHER THE TAXPAYER CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY UNRELATED TO INTERESTED PERSON; AND, C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE WITH A PERSON OR ENTITY UNRELATED TO INTERESTED PERSON, THE BOARD IS REQUIRED TO DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE TAXPAYER'S BEST INTEREST AND FOR ITS PRINCIPAL BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE TAXPAYER AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ESTABLISHED A COMPENSATION COMMITTEE, COMPRISING TWO INDEPENDENT DIRECTORS, WHO RETAINED A COMPARABILITY ANALYST TO PREPARE A STUDY FOR THE POSITIONS OF PRESIDENT/CEO AND GENERAL COUNSEL, AND MADE RECOMMENDATIONS TO THE BOARD CONCERNING THE APPROPRIATE LEVEL OF OF COMPENSATION FOR THOSE POSITIONS, BASED ON THAT DATA. THE BOARD ACCEPTED SUCH RECOMMENDATIONS AND ESTABLISHED COMPENSATION ACCORDINGLY. THE CREATION OF THE COMPENSATION COMMITTEE PROCEEDED IN ACCORD WITH THE POLICY DESCRIBED ABOVE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE TAXPAYER WILL SEND THESE DOCUMENTS TO THE REQUESTING PARTY. FORM 990, PART VII, SECTION A BRANT BABER RECEIVES A SALARY OF $343,750 ANNUALLY FROM AMERICAN VILLAGE COMMUNITIES, INC., WHERE HE WORKS AT LEAST 40 HOURS PER WEEK AS ITS CHIEF EXECUTIVE OFFICER. SUBSTANTIALLY ALL HIS WORK INCLUDES ACTIVITIES THAT SUPPORT THE SUPPORTED UNITS OF AVC. MR. BABER RECEIVES NO SALARY OR OTHER COMPENSATION FROM ANY OF THE SUBORDINATE AND/OR SUPPORTED UNITS. KATHERINE KALINOWSKI RECEIVES A SALARY OF $231,250 ANNUALLY FROM AMERICAN VILLAGE COMMUNITIES, INC., WHERE SHE WORKS AT LEAST 40 HOURS PER WEEK AS VICE PRESISDENT AND GENERAL COUNSEL. SUBSTANTIALLY ALL HER WORK INCLUDES ACTIVITIES THAT SUPPORT THE SUPPORTED UNITS OF AVC. MS. KALINOWSKI RECEIVES NO SALARY OR OTHER COMPENSATION FROM ANY OF THE SUBORDINATE AND/OR SUPPORTED UNITS. DANIEL HOUSING CORPORATION 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 521822533 OPERATE RENTAL PROPERTY FOR LOW AND VERY LOW-INCOME PERSONS MD 501C3 LINE 10 N/A 0 EL PASO - AMERICAN HOUSING FOUNDATION INC 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 742956645 OPERATE RENTAL PROPERTY FOR LOW AND VERY LOW-INCOME PERSONS TX 501C3 LINE 10 N/A 0 METROPOLIS - AVC INC 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 743008137 OPERATE RENTAL PROPERTY FOR LOW AND VERY LOW-INCOME PERSONS TX 501C3 LINE 10 N/A 0 VILLAGE COMMUNITIES INC 3937C UNIVERSITY DRIVE FAIRFAX VA 22030 460728762 DEVELOPING HOUSING COMMUNTIES PRIMARILY FOR OCCUPANCY BY ELDERLY. VA 501C3 LINE 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0