2026-01-13T09:33:43-06:00 2025-03-31 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2024-04-01 834273534 CORE COMMUNITY PARTNERS CORE 2488330550 32500 TELEGRAPH ROAD 100 BINGHAM FARMS MI 48025 BRIAN GALLAHER CHIEF FINANCIAL OFFICER 2488330550 2026-01-13 1 1 AMBER RATHBUN CPA P01786612 5173237500 2026-01-13 2024 2025-03-06 01:10:19Z TIMOTHY V FOX 32500 TELEGRAPH ROAD 100 BINGHAM FARMS MI 48025 3215914 0 X HTTPS://CORECOMMUNITYPARTNERS.COM X 2019 MI PROVIDE LOANS AND CONSULTING FOR ORGANIZATIONS FINANCING AND DEVELOPING AFFORDABLE HOUSING. 5 4 0 5 0 0 650000 2757197 238417 133296 156928 325421 0 0 1045345 3215914 7500 7500 0 0 0 0 0 0 0 547100 503447 554600 510947 490745 2704967 8653981 10317865 3285993 2244910 5367988 8072955 X THE MISSION OF CORE COMMUNITY PARTNERS IS TO PROVIDE TIMELY AND COST-EFFECTIVE LENDING, INVESTING, CONSULTING AND OTHER FINANCIAL SERVICES TO SUPPORT THE DEVELOPMENT AND RE-DEVELOPMENT OF AFFORDABLE HOUSING STOCK AND RELATED COMMUNITY ECONOMIC DEVELOPMENT IN ORDER TO INCREASE THE QUALITY OF LIFE IN LOW-INCOME COMMUNITIES. 0 0 509947 7500 133296 FOR THE FISCAL YEAR ENDING 3/31/2025, CORE COMMUNITY PARTNERS (CORE) CONSULTED ON FOUR AFFORDABLE HOUSING PROJECTS TOTALING 317 NEW CONSTRUCTION AFFORDABLE UNITS AND 97 PRESERVATION AFFORDABLE UNITS. FOUR NEW LOANS WERE DISBURSED DURING THIS FISCAL YEAR AS WELL RESULTING IN THE REHABILITATION OF 188 AFFORDABLE UNITS. ONE LOAN WAS PAID OFF AND CLOSED OUT DURING THIS TIME PERIOD ACCOUNTING FOR 97 REHABILITATED UNITS. SIX LOANS WERE DISBURSED BEFORE THIS FISCAL YEAR AND ARE STILL OUTSTANDING WITH 321 AFFORDABLE UNITS EITHER CONSTRUCTED OR PRESERVED WITH THIS SUPPORT. FOUR DEVELOPMENTS PAID FINANCING FEES DURING THIS FISCAL YEAR AND CORE RECEIVED DIVIDENDS AND INTEREST ON STOCK INVESTED IN A FEDERAL HOME LOAN BANK. 509947 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X THOMAS LYDICK 2488330550 32500 TELEGRAPH ROAD 100 BINGHAM FARMS MI 48025 TIMOTHY V FOX PRESIDENT 10.00 40.00 X X 0 656329 34500 MARTHA RICHARDSON CHAIRMAN (ENDED 10/22/24) 5.00 10.00 X X 0 0 0 STEVEN CHAMPA SECRETARY (ENDED 10/22/24)/CHAIRMAN 5.00 10.00 X X 0 0 0 TOM EDMISTON TREASURER 5.00 10.00 X X 0 0 0 IRA JAFFE SECRETARY 5.00 X X 0 0 0 KAITLIN FOX BOARD MEMBER 5.00 X 0 0 0 BRIAN GALLAHER CHIEF FINANCIAL OFFICER 10.00 40.00 X 0 484497 60819 ANDREW MARTIN VP OF DEVELOPMENT 20.00 25.00 X 0 268421 47364 0 1409247 142683 0 0 1 0 MHT HOUSING INC 32500 TELEGRAPH RD SUITE 100 BINGHAM FARMS MI 48025 SHARED SERVICES 348110 1 2757197 2757197 CONSULTING FEE INCOME 541610 93354 93354 OTHER FEES 541610 39942 39942 133296 325421 325421 3215914 133296 0 325421 X 7500 7500 3041 3041 15070 15070 349110 349110 1309 1309 133917 133917 DUES & SUBSCRIPTIONS 1000 1000 510947 509947 1000 0 2700282 2327984 301765 301980 174668 332188 5469766 7346513 7500 9200 8653981 10317865 70000 28917 3215993 2215993 3285993 2244910 X 3081857 6750363 2286131 1322592 5367988 8072955 8653981 10317865 2704967 0 X 0 1 X 1 0 X X 1 MHT HOUSING INC 382957148 10 1 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV LINE 6 CORE COMMUNITY PARTNERS DONATED $7,500 TO THE CHALDEAN COMMUNITY FOUNDATION FOR ORGANIZATIONAL SUPPORT FUNDRAISER THAT IS DONE ANNUALLY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 NOTE PAYABLE TO MHT HOUSING, INC. 2215993 2215993 X 3215914 0 3215914 0 3215914 510947 0 510947 0 510947 PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE, AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE, AND LOCAL RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. 1 THE CHALDEAN COMMUNITY FOUNDATION 3601 15 MILE ROAD STERLING HEIGHTS MI 48310 203963417 501(C)(3) 7500 0 TO ASSIST THE ORGANIZATIONAL SUPPORT FUNDRAISER. 1 PART I, LINE 2: GRANTEES PROVIDE INFORMATION REGARDING HOW THE GRANT FUNDS WERE USED TO CORE COMMUNITY PARTNERS. 0 0 0 0 0 0 0 0 0 TIMOTHY V FOX PRESIDENT 0 656329 0 0 0 0 0 34500 0 0 0 690829 0 0 BRIAN GALLAHER CHIEF FINANCIAL OFFICER 0 484497 0 0 0 0 0 34500 0 26319 0 545316 0 0 ANDREW MARTIN VP OF DEVELOPMENT 0 268421 0 0 0 0 0 27334 0 20030 0 315785 0 0 PART I, LINE 3 THE COMPENSATION OF THE OFFICERS IS APPROVED BY THE BOARD OF DIRECTORS, AND PAID BY THE SUPPORTED ORGANIZATION MHT HOUSING, INC. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF CORE IS APPROVED BY THE BOARD OF MHT HOUSING, INC. FORM 990, PART VI, SECTION A, LINE 7B ANY AMENDMENT TO CORE'S BYLAWS MUST BE APPROVED FIRST BY MHT HOUSING, INC. MHT HOUSING, INC. ALSO DESIGNATES THE RECIPIENT OF ANY ASSETS ON DISSOLUTION OF CORE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PURPOSES PRIOR TO THE FILING OF THE RETURN. THE RETURN IS REVIEWED BY THE CFO FOR COMPLETENESS AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 12C ALL PARTIES HAVE SIGNED OFF ON CONFLICT OF INTEREST POLICIES AND IT IS DISCUSSED AT BOARD MEETINGS IF THERE IS ANY QUESTION. FORM 990, PART VI, SECTION B, LINE 15 A PROFESSIONAL COMPENSATION STUDY IS COMPLETED EVERY 3 YEARS AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. SHARED SERVICE EXPENSES: PROGRAM SERVICE EXPENSES 348,110. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 348,110. MHT HOUSING INC 32500 TELEGRAPH ROAD SUITE 100 BINGHAM FARMS MI 48025 382957148 PRESERVATION OF LOW-INCOME HOUSING MI 501(C)(3) LINE 10 N/A 0 MHT HOUSING IV 32500 TELEGRAPH ROAD SUITE 100 BINGHAM FARMS MI 48025 383384042 PRESERVATION OF LOW-INCOME HOUSING MI 501(C)(3) LINE 12A, I MHT HOUSING INC 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 MHT HOUSING INC E 2215993 FMV MHT HOUSING INC P 348110 FMV