2024-08-08T09:50:44-05:00 2022-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2022-01-01 560988706 PANOLA HEIGHTS HOUSING DEVELOPMENT CORPORATION PANO 8034195102 1200 ELM STREET TARBORO NC 27886 DEBORAH JORDAN CHAIR 8034195102 2024-08-08 1 0 CASEY H PATTERSON P01281279 3362944494 2024-08-08 2022 2024-08-08 14:25:15Z UNITED MANOR COURT DEBORAH JORDAN 1200 ELM STREET TARBORO NC 27886 375525 0 X N/A X 1969 NC TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS. 2 2 0 2 0 0 293431 312158 84414 62990 252 377 0 0 378097 375525 0 0 0 0 0 0 0 0 0 465329 458282 465329 458282 -87232 -82757 1656874 1522206 2928461 2876550 -1271587 -1354344 TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS. 0 0 421243 62990 PROVIDE SAFE AND AFFORDABLE HOUSING TO LOW INCOME AND MODERATE INCOME FAMILIES PURSUANT TO SECTION 221 (D)(3) OF THE NATIONAL HOUSING ACT. 421243 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 2 2 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X OMNI PROPERTY MANAGEMENT 8034195102 305 LONGTOWN ROAD W BLYTHEWOOD SC 29016 X DEBORAH JORDAN CHAIRMAN 1.00 X X 0 0 0 DR FLORENCE ARMSTRONG SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 312158 312158 TENANT RENTAL PAYMENTS 531110 58466 58466 TENANT CHARGES 531110 2788 2788 MISCELLANEOUS 531110 1736 1736 62990 377 377 375525 62990 0 377 X 26500 26500 4687 4687 18804 18804 131 131 22420 22420 16587 16587 928 928 129235 129235 39831 39831 SUPPLIES 62565 62565 PAYROLL REIMBURSEMENT 28049 28049 CONTRACTS 24921 24921 MANAGER SALARY REIMBURS 22418 22418 61206 47658 13548 458282 421243 37039 0 8499 2242 15527 19535 20226 19051 3761995 2440177 1451053 1321818 161569 159560 1656874 1522206 19643 61458 212 212 2891471 2797655 17135 17225 2928461 2876550 X -1271587 -1354344 -1271587 -1354344 1656874 1522206 -82757 0 X 0 1 X 1 1 1 X 296811 299112 274787 293431 312158 1476299 65102 65607 108829 84414 62990 386942 361913 364719 383616 377845 375148 1863241 0 0 0 1863241 461 538 1117 252 377 2745 461 538 1117 252 377 2745 362374 365257 384733 378097 375525 1865986 0.99850 0.99860 0.00150 0.00140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76171 76171 3606236 2361741 1244495 79588 78436 1152 1321818 REPLACEMENT RESERVE 151061 RESIDUAL RECEIPTS RESERVE 1972 TENANT SECURITY DEPOSITS 6527 159560 TENANT SECURITY DEPOSITS PAYABLE 6194 NOTE PAYABLE 11031 17225 X 375525 0 375525 0 375525 458282 0 458282 0 458282 PART X, LINE 2: 'IT IS THE CORPORATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2022. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT IS PERFORMED BY OMNI PROPERTY MANAGEMENT AND DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE MANAGEMENT TEAM FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MISCELLANEOUS ADMINISTRATIVE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,548. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,548. GARBAGE AND TRASH REMOVAL: PROGRAM SERVICE EXPENSES 13,078. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,078. OFFICE SALARY REIMBURSEMENT: PROGRAM SERVICE EXPENSES 8,775. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,775. BAD DEBTS: PROGRAM SERVICE EXPENSES 7,311. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,311. HEATING/COOLING REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 6,803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,803. ADMINISTRATIVE RENT FREE UNIT: PROGRAM SERVICE EXPENSES 5,592. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,592. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 4,030. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,030. OTHER RENTING EXPENSES: PROGRAM SERVICE EXPENSES 2,069. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,069. THE PROPERTY WAS IN THE PROCESS OF HAVING THEIR EXEMPT STATUS REINSTATED. ONCE APPROVAL OF REINSTATEMENT WAS RECEIVED, THE TAX RETURN WAS FILED IMMEDIATELY.