2025-11-17T15:53:08-06:00 2024-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2024-01-01 351917637 PARTNERS IN HOUSING DEVELOPMENT CORPORATION PART 3176331861 441 W MICHIGAN ST INDIANAPOLIS IN 46202 GREG STOCKING INTERIM EXECUTIVE DIRECTOR 3176331861 2025-11-17 1 0 JOSEPH R STROUP P01657031 3178485700 2024 2025-03-06 01:10:19Z GREG STOCKING 441 W MICHIGAN ST INDIANAPOLIS IN 46202 4275995 0 X WWW.PARTNERSINHOUSINGINDY.ORG X 1993 IN PARTNERS IN HOUSING DEVELOPMENT CORPORATION WAS INCORPORATED AS AN INDIANA NOT-FOR-PROFIT CORPORATION IN NOVEMBER 1993. THE MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE PEOPLE WHO MOST NEED A STABLE PLACE TO LIVE, WHILE GIVING THEM SUPPORT AND A CHANCE TO REACH THEIR HIGHEST LEVEL OF SELF-SUFFICIENCY. TO MEET THESE OBJECTIVES, THE CORPORATION'S ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, THE ACQUISITION, DEVELOPMENT, REHABILITATION, AND CONSTRUCTION OF REAL PROPERTY FOR LOW INCOME HOUSING AND TO PROVIDE SUPPORTIVE SERVICES. 9 9 26 40 0 0 3123814 1821222 330993 166212 -1158101 47186 -105943 6950 2190763 2041570 0 0 0 0 1114671 1295827 0 0 74534 1228661 631210 2343332 1927037 -152569 114533 18640162 17750604 2415387 885365 16224775 16865239 X PARTNERS IN HOUSING DEVELOPMENT CORPORATION WAS INCORPORATED AS AN INDIANA NOT-FOR-PROFIT CORPORATION IN NOVEMBER 1993. THE MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE PEOPLE WHO MOST NEED A STABLE PLACE TO LIVE, WHILE GIVING THEM SUPPORT AND A CHANCE TO REACH THEIR HIGHEST LEVEL OF SELF-SUFFICIENCY. TO MEET THESE OBJECTIVES, THE CORPORATION'S ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, THE ACQUISITION, DEVELOPMENT, REHABILITATION, AND CONSTRUCTION OF REAL PROPERTY FOR LOW INCOME HOUSING AND TO PROVIDE SUPPORTIVE SERVICES. 0 0 31015 43925 AT DECEMBER 31, 2024, THE CORPORATION OWNED OR OPERATED THE FOLLOWING LOW INCOME HOUSING PROJECTS AND SUPPORT PROGRAMS:BURTON II, 23 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNERCOLONIAL PARK APARTMENTS, 106 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNERMOZINGO PLACE, SPECIAL NEEDS, INDIANAPOLIS, IN - WHOLLY OWNEDBLUE TRIANGLE APTS, SPECIAL NEEDS, INDIANAPOLIS, IN- WHOLLY OWNEDGUERIN PLACE APTS., 19 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - WHOLLY OWNEDLINWOOD APARTMENTS, 28 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - WHOLLY OWNEDFALL CREEK, 50 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNERGLENMOOR, 24 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - WHOLLY OWNEDAPPERSON WAY, 69 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNERBLUE-MOZINGO, 72 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNERTRIPLE P APARTMENTS, 87 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNERCOLONIAL PARK, L.P., SPECIAL NEEDS, INDIANAPOLIS, IN - WHOLLY OWNEDTHE POINT ON FALL CREEK, 59 UNITS, SPECIAL NEEDS, INDIANAPOLIS, IN - GENERAL PARTNER 31015 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 26 0 1 26 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X GREG STOCKING 3177372846 441 W MICHIGAN ST INDIANAPOLIS IN 46202 JENNIFER GREEN FORMER EXECUTIVE DIRECTOR 1.00 1.00 X 36800 0 0 LAUREN RODRIGUEZ EXECUTIVE DIRECTOR 1.00 1.00 X 0 0 0 TRELLES EVANS DIRECTOR/BOARD CHAIR 1.00 1.00 X X 0 0 0 WALTER FREIHOFER VICE CHAIRMAN 1.00 1.00 X X 0 0 0 KATHY OVERBEY SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 JANINE BETSEY DIRECTOR 1.00 1.00 X 0 0 0 KATHLEEN LARA DIRECTOR 1.00 1.00 X 0 0 0 SHARVONNE WILLIAMS DIRECTOR 1.00 1.00 X 0 0 0 RONALD RICE DIRECTOR 1.00 1.00 X 0 0 0 KATIE WHITE DIRECTOR 1.00 1.00 X 0 0 0 SUSANNA TAFT DIRECTOR 1.00 1.00 X 0 0 0 36800 0 0 0 0 0 0 0 49888 1034245 737089 1821222 CONSULTING FEE INCOME 531390 160453 160453 RENTAL INCOME 531110 5759 5759 166212 169473 169473 2100000 2222287 -122287 -122287 -122287 0 49888 12138 -12138 -12138 OTHER INCOME 531110 18806 18806 TENANT CHARGES 531110 282 282 19088 2041570 43925 0 176423 36800 36800 1133306 1133306 106601 106601 19120 19120 5743 5743 44035 44035 7750 7750 311069 236535 74534 122950 122950 17852 17852 37210 37210 39021 31015 8006 45580 45580 1927037 31015 1821488 74534 4243256 98948 1136958 1618683 4600716 8337955 21027 10442 476735 332499 1860678 144236 4986888 5704256 1790639 1836084 18640162 17750604 765483 445048 1644825 423382 5079 16935 2415387 885365 X 0 0 0 0 16224775 16865239 16224775 16865239 18640162 17750604 X 114533 525931 X X 0 1 X 1 1 1 X 2275539 2209353 708091 3123814 1821222 10138019 2400014 301600 485175 169744 166212 3522745 4675553 2510953 1193266 3293558 1987434 13660764 1230 5300 6002 8902 5985 27419 2351396 247984 471557 134022 144452 3349411 2352626 253284 477559 142924 150437 3376830 10283934 96006 124760 107602 205684 169473 703525 96006 124760 107602 205684 169473 703525 90197 45130 60981 72963 19088 288359 4861756 2680843 1361849 3572205 2175995 14652648 0.70180 0.67960 0.04800 0.03670 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18172 18172 308137 209824 98313 150426 122675 27751 144236 INVESTMENT IN GLENMOOR 827520 C INVESTMENT IN COLONIAL 3635756 C INVESTMENT IN THE BURTON 43549 C INVESTMENT IN FALL CREEK VIEW 53579 C INVESNTMENT IN APPERSON WAY 100 C INVESTMENT IN BLUE-MOZINGO LP 169923 C INVESTMENT IN THE POINT ON FALL CREEK 869443 C INVESTMENT IN COLONIAL PARK APARTMENTS 104386 C 5704256 DEVELOPER FEE 14163 LOANS RECEIVABLE 1821921 1836084 ACCRUED INTEREST 16935 16935 X 1999716 0 1999716 41854 41854 2041570 2061462 134425 134425 1927037 0 1927037 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, AND 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 CONSOLIDATED 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 4B - OTHER ADJUSTMENTS: INTERCOMPANY ACTIVITY ELIMINATED ON FINANCIAL STATEMENTS 176,279. LOSS FROM SALE OF INVESTMENT PROPERTIES -122,287. FUNDRAISING EVENT EXPENSES -12,138. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS FROM SALE OF INVESTMENT PROPERTIES 122,287. FUNDRAISING EVENT EXPENSES 12,138. PUTT PUTT FUNDRAISER 25445 25445 5692 1571 FALL FRIENDSGIVING FUNDRAISER 24443 24443 3520 1045 250 60 49888 49888 3520 6737 250 1631 12138 -12138 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD HAS REVIEWED AND APPROVED THE CURRENT YEAR 990 IN NOVEMBER 2025. FORM 990, PART VI, SECTION B, LINE 12C IN ORDER TO IDENTIFY AND REVIEW CONFLICT OF INTEREST, AND THE APPEARANCE OF CONFLICTS OF INTEREST, BOARD MEMBERS AND EMPLOYEES MUST DISCLOSE IN ADVANCE ALL OUTSIDE ACTIVITIES AND FINANCIAL INTEREST THAT CREATE OR HAVE THE APPEARANCE OF CREATING CONFLICTS OF INTEREST. THE BOARD AND/OR EXECUTIVE STAFF REVIEW THE DISCLOSURES TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND WHAT CONDITIONS OR RESTRICTIONS SHOULD BE IMPOSED IN ORDER TO MANAGE, REDUCE, OR ELIMINATE THE CONFLICT OF INTEREST. EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT ANNUALLY AND FILED WITH BOARD OF DIRECTOR MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED UPON ANNUAL REVIEW OF PERFORMANCE AND COMPARABILITY DATA OF SIMILAR ORGANIZATIONS. THE DOCUMENT IS MAINTAINED AND APPROVED BY THE BOARD CHAIR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST BY CONTACTING THE CORPORATE OFFICE. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT - ST. GEORGE INVESTMENT 2,236,424. PRIOR PERIOD ADJUSTMENT - ST. GEORGE SOLD -1,710,493. PART XII, LINE 2C: THE ENTITY 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. FORM 990 TRIPLE P APARTMENTS GP, LLC 441 W. MICHIGAN ST. INDIANAPOLIS, IN 46202 EIN: 85-2067392 TRIPLE P APARTMENTS GP, LLC, OWNED 100% BY PARTNERS IN HOUSING DEVELOPMENT CORPORATION, AN INDIANA NONPROFIT CORPORATION, HEREBY MAKES AN ELECTION UNDER SECTION 168(H)(6)(F)(II) OF THE INTERNAL REVENUE CODE OF 1986, AS AN1ENDED (THE "CODE"): (I) NOT TO BE TREATED AS A TAX-EXEMPT ENTITY FOR PURPOSES TO SECTION 168(H)(5) AND (6), AND (II) WHICH PROVIDES THAT ANY GAIN RECOGNIZED BY ITS TAX-EXEMPT PARENT ( AS DEFINED IN SECTION 168(H)(2) OF THE CODE) ON ANY DISPOSITION OF AN INTEREST IN TRIPLE P APARTMENTS GP, LLC, AND ANY DIVIDEND INCOME OR INTEREST INCOME RECEIVED OR ACCRUED BY A TAX-EXEMPT PARENT SHALL BE TREATED AS UNRELATED BUSINESS TAXABLE INCOME FOR PURPOSES OF CODE SECTION 511. TRIPLE P APARTMENTS GP, LLC, AN INDIANA LIMITED LIABILITY COMPANY BY: PARTNERS IN HOUSING DEVELOPMENT CORPORATION, AN INDIANA CORPORATION, ITS MANAGER SCHEDULE D, PART XII: PARTNERS IN HOUSING DEVELOPMENT CORPORATION IS A CONSOLIDATED FINANCIAL STATMENT. THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE BOTH FINANCIAL DATA THAT IS PART OF THE FORM 990 AS WELL AS FINANCIAL DATA IN WHICH SEPARATE TAX RETURNS ARE COMPLETED. SCHEDULE D ADJUSTMENTS ADJUSTS FOR THE PORTION OF THE FINANCIAL DATA THAT IS NOT ASSOCIATED DIRECTLY WITH THIS TAX RETURN. 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