2024-05-15T14:54:25-05:00 2023-06-30 991781118 EAG AFFORDABLE HOUSING LLC 3595 GRANDVIEW PARKWAY STE 500 BIRMINGHAM AL 35243 990 2022-07-01 203092853 DUNSON SCHOOL REDEVELOPMENT CORPORATION DUNS 7062980221 1302 BROWNWOOD AVE LAGRANGE GA 30240 NATHANIEL CRAWFORD EXECUTIVE DIRECTOR 7062980221 2024-05-15 1 NATHANIEL CRAWFORD 000000000 0 GORDON JACK CPA P00037925 2058221010 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z NATE CRAWFORD 1302 BROWNWOOD AVE LAGRANGE GA 30240 143475 0 X N/A X 2007 GA TO PROVIDE LOW-INCOME, ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. 3 3 0 0 0 0 82260 75307 0 0 23 709 89513 67459 171796 143475 0 0 0 0 0 0 0 0 0 266916 231125 266916 231125 -95120 -87650 2456497 2681434 3316562 3629149 -860065 -947715 TO PROVIDE LOW-INCOME, ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. 0 0 219222 68168 THE DUNSON SCHOOL APARTMENTS PROVIDE 28 ONE-BEDROOM UNITS, A COMMUNITY ROOM, CENTRAL LAUNDRY & AN OUTDOOR PATIO AREA. UNITS ARE AVAILABLE TO SENIORS 62 YEARS AND OLDER WITH INCOMES AT OR BELOW 50% OF THE AREA MEDIAN INCOME. RESIDENTS PAY NO MORE THAN 30% OF THEIR ADJUSTED INCOME TOWARD RENT AND UTILITIES. 219222 1 1 0 0 0 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 GA X NATHANIEL CRAWFORD 7062980221 1302 BROWNWOOD AVE LAGRANGE GA 30240 X SHERRI BROWN DIRECTOR 1.00 X 0 0 0 FREDDIE HINES DIRECTOR 1.00 X 0 0 0 JOHN THOMAS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 75307 75307 709 709 67459 0 67459 67459 67459 143475 68168 0 0 9676 9676 2122 2122 150 150 13335 13335 105 105 83126 83126 14082 14082 REPAIRS & MAINTENANCE 42105 42105 PROPERTY MANAGER 24000 24000 MANAGEMENT FEES 22232 22232 MAINTENANCE 13704 13704 6488 6488 231125 219222 11903 0 60075 370390 1306 1306 3619149 1309486 2392789 2309663 2327 75 2456497 2681434 45974 48523 0 301875 8588 8241 3262000 3270510 3316562 3629149 X -870065 -947715 10000 0 -860065 -947715 2456497 2681434 -87650 0 X X 0 1 X 1 1 1 X 58139 82201 84085 82260 75307 381992 58139 82201 84085 82260 75307 381992 381992 66495 66701 65355 89536 68168 356255 738247 0.51740 0.50800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 1 X 317000 317000 3271816 1309486 1962330 30333 30333 2309663 NOTE PAYABLE - US DEPT. OF HOUSING 3262000 ACCRUED EXPENSES 8500 DUE TO/ DUE FROM 10 3270510 X 143475 0 143475 0 143475 231125 0 231125 0 231125 PART III, LINE 4: THE ORGANIZATION MAINTAINS A PICTURE OF RICHARD W. WOLFE, TO WHICH THE APARTMENT COMPLEX IS NAMED, WHICH HANGS IN THE ENTRANCE WAY. PART IV, LINE 2B: DUNSON SCHOOL REDEVELOPMENT CORPORATION COLLECTS RENT SECURITY DEPOSITS AND KEEPS THEM IN A SEPARATE INTEREST BEARING ACCOUNT. PART X, LINE 2: PART X, LINE 2: NEITHER THE PROJECT NOR ITS NON-PROFIT CORPORATE OWNER IS SUBJECT TO INCOME TAXES. THE PROJECT HAS ADOPTED THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC) INCOME TAX TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GUIDANCE PRESCRIBES A COMPREHENSIVE MODEL FOR HOW A COMPANY SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE COMPANY HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE ORGANIZATION ADOPTED ASC 340-10 AS OF JULY 1, 2009 AND, THEREAFTER, RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSIITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. THERE WAS NO IMPACT TO THE ORGANIZATION'S FINANCIAL STATEMENTS AS A RESULT OF THE IMPLEMENTATION OF ASC 740-10. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES A COPY OF THE FORM 990 BY E-MAIL FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS RELIES ON THE ACCOUNTING STAFF OF ITS RELATED PARTY (D.A.S.H. FOR LAGRANGE, INC.) TO PREPARE AND RECORD TRANSACTIONS. FINANCIAL STATEMENTS ARE THEN PREPARED AND SUBMITTED TO THE ORGANIZATION'S CHAIRMAN ON A MONTHLY BASIS. THE BOARD OF DIRECTORS OF THE ORGANIZATION TAKES RESPONSIBILITY IN OVERSEEING THE ANNUAL AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITORS. THE PROCESS AND PROCEDURES IN PLACE HAVE NOT CHANGED OVER THE PRIOR YEAR.