2025-11-13T12:17:06-06:00 2024-12-31 311119890 Barnes Dennig & Co LTD 8470 Allison Pointe Blvd Suite 200 Indianapolis IN 46250 990 2024-01-01 800757957 Advantix Development Corporation ADVA 8124288500 500 SE 10th Street Evansville IN 47713 Rick Moore Executive Director 8124288500 2025-11-12 1 1 Paula Hume P00537516 3175721130 2025-11-12 2024 2025-03-06 01:10:19Z Rick Moore 500 SE 10th Street Evansville IN 47713 22587003 0 X www.advantixcorp.com X 2007 IN To own, operate, purchase, sell and manage real estate and affordable housing. 7 7 128 7 0 0 1087684 1510890 1019300 2327738 187697 196934 7009049 1309188 9303730 5344750 0 0 0 0 1381644 1904937 0 0 0 2969653 3419871 4351297 5324808 4952433 19942 26673336 23507721 5554016 3045611 21119320 20462110 To own, operate, purchase, sell and manage real estate and affordable housing. 0 0 5324808 3529537 Managing non federal low income housing. 5324808 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 45 0 1 128 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Paul Linz 8124288500 500 SE 10th Street Evansville IN 47713 David G Hatfield Chairman 1.00 X X 1200 0 0 Glenda B Hampton Commissioner 1.00 X 1200 0 0 Mildred Thacker Commissioner 1.00 X 1200 0 0 Richard Engbers Commissioner 1.00 X 1200 0 0 Daphne J Robinson Commissioner 1.00 X 1300 0 0 Sabino Humbane Vice Chairman 1.00 X X 900 0 0 Dianna McGuire Secretary 1.00 X X 1300 0 0 Rick Moore Executive Director 30.00 10.00 X 170218 72951 26763 Tim Martin COO 40.00 X 209992 0 22415 Paul Linz CFO 40.00 X 119931 0 2301 Thomas Gibbs VP Construction 40.00 X 128351 0 2388 Brenda Guerrero-McKendrick VP Property Asset Management 40.00 X 118340 0 0 755132 72951 53867 5 0 1 0 LGC Contractors 8438 Crawfordsville Rd Indianapolis IN 46234 Construction 1634987 CXB Construction PO Box 1684 Henderson KY 42419 Construction 1519839 Alstadt Plumbing Inc 1401 Buchanan Rd Evansville IN 47720 Construction 1335848 Irvin Four Star Construction Irvin 6899 N 550 W Bryant IN 47236 Construction 1223811 B&L Drywall 7515 North Landings Trail Muncie IN 47303 Construction 930619 12 450000 231864 829026 828589 1510890 Development Fee Income 531390 1374041 1374041 Management Fee 531390 577852 577852 Tenant Rental Income 532000 375845 375845 2327738 215037 215037 18103 -18103 -18103 -18103 18425949 17224150 1201799 1201799 Insurance Reimbursement 900099 71187 71187 Rebates 900099 36202 36202 107389 5344750 3529537 0 304323 X 551620 551620 1012783 1012783 251772 251772 88762 88762 47869 47869 34422 34422 863059 863059 9780 9780 229096 229096 149858 149858 113775 113775 108199 108199 51649 51649 380598 380598 376687 376687 Rental Maintenance 995719 995719 Other Expenses 50868 50868 Taxes and Licenses 8292 8292 5324808 5324808 0 0 7033267 3887803 307286 0 4631969 4254682 8117750 8946339 2849689 2738314 6331397 3980482 2272665 2350915 1059637 396285 401073 933383 26673336 23507721 2221816 2241244 17806 12750 400000 650000 2914394 141617 5554016 3045611 X 2668733 3279424 18450587 17182686 21119320 20462110 26673336 23507721 X 19942 -677152 X X 0 1 X 1 0 X 2724551 46228 61624 1087684 1060890 4980977 2724551 46228 61624 1087684 1060890 4980977 4980977 151527 312040 151219 232349 215037 1062172 12124 3883 78778 107389 202174 6245323 93154521 0.79760 0.81370 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous Income - 2020 Amount: $ 12,124. 2021 Amount: $ 3,883. 2023 Amount: $ 78,778. 2024 Amount: $ 107,389. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200748 200748 4100486 2662346 1438140 2030163 1318136 712027 2350915 Costs in excess of billing 141617 141617 X 41756860 37539262 37539262 4217598 1127152 1127152 5344750 43107393 37782585 37782585 5324808 0 5324808 Part X, Line 2: Income received or generated by the Authority is not subject to federal income tax, pursuant to Internal Revenue Code Section 115. Interest paid on obligations issued by the Authority is excludable from the gross income of the recipients, pursuant to Section 103(a) of the Internal Revenue Code of 1986, as amended. Contributions to the Authority are tax deductible contributions, pursuant to Sections 170(b)(1)(A)(v) and 170(c)(1) of the Internal Revenue Code of 1986, as amended. Part XI, Line 2d - Other Adjustments: Less: Income Allocated to Housing Authority of the City of Evansville 20,315,112. Add: COGS 17,224,150. Part XI, Line 4b - Other Adjustments: Investment in Related Parties 677,152. Intercompany Transfer 450,000. Part XII, Line 2d - Other Adjustments: Less: Income Allocated to Housing Authority of the City of Evansville 20,558,435. Less: COGS 17,224,150. X X 0 0 0 0 0 0 0 0 0 Rick Moore Executive Director 170218 72951 0 0 0 0 18734 0 8029 0 196981 72951 0 0 Tim Martin COO 209992 0 0 0 0 0 22415 0 0 0 232407 0 0 0 X Land 1 828589 FMV 0 0 0 0 Form 990, Part VI, Section B, line 11b Form 990 and all related schedules, statements and attachments are reviewed and approved by the appropriate representative(s) from the Board of Directors. Form 990, Part VI, Section B, line 12c Advantix Development Corporation passes out a questionnaire about conflict of interest to be filled out and returned by each Director and Officer. The policy includes statements about other employment and being related to anyone on the Board of Directors and other items that may be an issue. Form 990, Part VI, Section B, line 15 Advantix's Board of Directors determine and sets all staffing compensation rates, which are based on periodic thorough review of all related issues, salary surveys, consultation with independent persons, review of comparable data and deliberation. Form 990, Part VI, Section C, line 19 Advantix Development Corporation makes its governing documents, and financial statements, as applicable, available to the public upon written request received at our corporate office address. Form 990, Part IX, line 11g Other Administrative: Program service expenses 863,059. Management and general expenses 0. Fundraising expenses 0. Total expenses 863,059. Form 990, Part XI, line 9: Investment in related parties -677,152. Intercompany Transfer 0. Form 990, Part XII, Line 2c: This process has not changed. Evansville RAD Four LLC 500 SE 10th Street Evansville IN 47713 814450770 Affordable Housing IN 0 -565 Advantix Development Corporation The Housing Authority of the City of Evansville Indiana 500 SE 10th Street Evansville IN 47713 356001606 Affordable Housing IN 0 CSSL LP 402 Court Street Suite B Evansville IN 47708 820739421 Affordable Housing IN Corydon SSL LLC Related -16 -459 0 1 0.00010 EHA RAD I LP 500 SE 10th Street Evansville IN 47713 472955125 Affordable Housing IN Evansville Rad One LLC Related -712245 -2262560 0 1 0.00010 EHA RAD II LP 500 SE 10th Street Evansville IN 47713 472960094 Affordable Housing IN Evansville Rad One LLC Related -537873 -1207677 0 1 0.00010 EHA RAD IV LP 500 SE 10th Street Evansville IN 47713 364852161 Affordable Housing IN Advantix Development Corporation Related -95 -565 0 1 0.00010 Erie Pointe LP 500 SE 10th Street Evansville IN 47713 843918711 Affordable Housing IN Erie Evansville LLC Related -24 82245 0 1 0.00010 Evansville Townhomes II LP 500 SE 10th Street Evansville IN 47713 843907903 Affordable Housing IN ET 2 Evansville LLC Related -33 -139 0 1 0.00010 Evansville Townhomes LP 500 SE 10th Street Evansville IN 47713 832820542 Affordable Housing IN ET Evansville LLC Related -13 146881 0 1 0.00010 KHA RAD I LP 500 SE 10th Street Evansville IN 47713 842883266 Affordable Housing IN KHA RAD One LLC Related -92 -1027 0 1 0.00010 River View Vincennes LP 402 Court Street Suite B Evansville IN 47708 364896129 Affordable Housing IN RVV LLC Related -13 396645 0 1 0.00010 Trailside Commons LP 402 Court Street Suite B Evansville IN 47708 832827987 Affordable Housing IN SP Kokomo LLC Related -22 -275 0 1 0.00010 Trailside Townhomes LP 500 SE 10th Street Evansville IN 47713 611878330 Affordable Housing IN Trailside Townhomes GP LLC Related -3 104701 0 1 0.00010 Vision 1505 LP 500 Court Street Evansville IN 47708 451001576 Affordable Housing IN ADC V1505 Inc Related -18 -233 0 1 0.00010 Princetown Place LP 500 SE 10th Street Evansville IN 47713 922304931 Affordable Housing IN PP Princeton LLC Related -40 1043060 0 1 Southern Terrace LP 500 SE 10th Street Evansville IN 47713 922330079 Affordable Housing IN ST Munice LLC Related 0 0 0.99990 34E Marion LLC 500 SE 10th Street Evansville IN 47713 874404744 Affordable Housing IN Advantix Development Corporation C 1.00000 1 Corydon SSL LLC 500 SE 10th Street Evansville IN 47713 820727925 Affordable Housing IN Advantix Development Corporation C 1.00000 1 Erie Evansville LLC 500 SE 10th Street Evansville IN 47713 843935379 Affordable Housing IN Advantix Development Corporation C 82245 1.00000 1 ET 2 Evansville LLC 500 SE 10th Street Evansville IN 47713 843957565 Affordable Housing IN Advantix Development Corporation C 1.00000 1 ET 3 Evansville LLC 500 SE 10th Street Evansville IN 47713 874430719 Affordable Housing IN Advantix Development Corporation C 1.00000 1 ET Evansville LLC 500 SE 10th Street Evansville IN 47713 832875950 Affordable Housing IN Advantix Development Corporation C 146881 1.00000 1 Evansville RAD One LLC 500 SE 10th Street Evansville IN 47713 472932813 Affordable Housing IN Advantix Development Corporation C 9 1.00000 1 KHA RAD One LLC 500 SE 10th Street Evansville IN 47713 842870131 Affordable Housing IN Advantix Development Corporation C 19 1.00000 1 RVV LLC 500 SE 10th Street Evansville IN 47713 825108803 Affordable Housing IN Advantix Development Corporation C 396645 1.00000 1 SP Kokomo LLC 500 SE 10th Street Evansville IN 47713 833255881 Affordable Housing IN Advantix Development Corporation C 1.00000 1 Trailside Townhomes GP LLC 500 SE 10th Street Evansville IN 47713 824966003 Affordable Housing IN Advantix Development Corporation C 104701 1.00000 1 ADC V1505 Inc 500 Court Street Evansville IN 47708 451001417 Affordable Housing IN Advantix Development CorporationEvansville Housing Authority C 0.49000 0 PP Princeton LLC 500 SE 10th Street Evansville IN 47713 922401949 Affordable Housing IN Advantix Development Corporation C 1043099 1.00000 1 ST Muncie LLC 500 SE 10th Street Evansville IN 47713 922350975 Affordable Housing IN Advantix Development Corporation C 65 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 The Housing Authority of the City of Evansville Indiana M 1355326 Cash Housing Authority C 450000 Cash