2024-10-23T09:51:53-05:00 2023-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-01-01 621676905 CHRISTIAN VILLAGE OF EASTERN VIRGINIA INC CHRI 8047305625 PO BOX 25168 WINSTONSALEM NC 27114 SONNY HUGHES PRESIDENT 8047232455 2024-10-23 1 1 JACOB A SOWERS P01712829 3178485700 2023 2024-10-15 13:58:12Z SONNY HUGHES 8177 HUGHES ROAD MECHANICSVILLE VA 23111 362392 0 X N/A X 1997 VA CHRISTIAN VILLAGE OF EASTERN VIRGINIA, INC. (A VIRGINIA NOT-FOR-PROFIT CORPORATION) (THE "CORPORATION") WAS ORGANIZED TO OWN AND OPERATE A 43-UNIT APARTMENT COMMUNITY IN NEWPORT NEWS, VIRGINIA, KNOWN AS CHRISTIAN VILLAGE OF EASTERN VIRGINIA (THE "COMMUNITY"), PURSUANT TO SECTION 202 OF THE HOUSING ACT OF 1959, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FEDERAL HOUSING ADMINISTRATION ("FHA") REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME ELDERLY INDIVIDUALS IN THE NORMAL COURSE OF BUSINESS. THE TERMS OF THE LEASES ARE GENERALLY ONE YEAR. 12 12 0 0 0 0 221405 219537 108674 127624 -4691 2578 2807 5006 328195 354745 0 0 0 0 0 0 0 0 0 362076 378761 362076 378761 -33881 -24016 1578387 1563250 2407194 2416073 -828807 -852823 X CHRISTIAN VILLAGE OF EASTERN VIRGINIA, INC. (A VIRGINIA NOT-FOR-PROFIT CORPORATION) (THE "CORPORATION") WAS ORGANIZED TO OWN AND OPERATE A 43-UNIT APARTMENT COMMUNITY IN NEWPORT NEWS, VIRGINIA, KNOWN AS CHRISTIAN VILLAGE OF EASTERN VIRGINIA (THE "COMMUNITY"), PURSUANT TO SECTION 202 OF THE HOUSING ACT OF 1959, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FEDERAL HOUSING ADMINISTRATION ("FHA") REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME ELDERLY INDIVIDUALS IN THE NORMAL COURSE OF BUSINESS. THE TERMS OF THE LEASES ARE GENERALLY ONE YEAR. 0 0 240998 119977 CHRISTIAN VILLAGE OF EASTERN VIRGINIA, INC. (A VIRGINIA NOT-FOR-PROFIT CORPORATION) (THE "CORPORATION") WAS ORGANIZED TO OWN AND OPERATE A 43-UNIT APARTMENT COMMUNITY IN NEWPORT NEWS, VIRGINIA, KNOWN AS CHRISTIAN VILLAGE OF EASTERN VIRGINIA (THE "COMMUNITY"), PURSUANT TO SECTION 202 OF THE HOUSING ACT OF 1959, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FEDERAL HOUSING ADMINISTRATION ("FHA") REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME ELDERLY INDIVIDUALS IN THE NORMAL COURSE OF BUSINESS. THE TERMS OF THE LEASES ARE GENERALLY ONE YEAR. 240998 1 1 0 0 0 0 0 0 0 0 1 0 1 0 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 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X COMMUNITY MANAGEMENT CORP 3367650424 1415 OLD MILL CIRCLE WINSTONSALEM NC 27114 X SONNY HUGHES PRESIDENT 0.00 X X 0 0 0 LYNN BARDEN VICE PRESIDENT 0.00 X X 0 0 0 BEN GASSMANN SECRETARY 0.00 X X 0 0 0 SHERRY GRUBBS TREASURER 0.00 X X 0 0 0 KAREN FLETCHER DIRECTOR 0.00 X 0 0 0 TERESSA PEARSON DIRECTOR 0.00 X 0 0 0 CHRISTINA NOVAK DIRECTOR 0.00 X 0 0 0 JOHN NEAGLE DIRECTOR 0.00 X 0 0 0 CINDY PIGG DIRECTOR 0.00 X 0 0 0 JANET HEATH DIRECTOR 0.00 X 0 0 0 SHIRLEY GARY DIRECTOR 0.00 X 0 0 0 THERESA SEARS DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 0 219537 219537 RENTAL INCOME 531110 127624 127624 127624 10225 10225 7647 -7647 -7647 -7647 TENANT CHARGES 531110 4206 4206 LAUNDRY & VENDING 531110 592 592 OTHER REVENUE-MISC. 531110 208 208 5006 354745 119977 0 15231 65936 65936 6104 6104 169 169 7644 7644 2828 2828 162742 162742 598 598 1852 1852 75749 75749 6751 6751 MTG CO EMPLOYEE CHARGEB 45881 45881 BAD DEBTS 2507 2507 378761 240998 137763 0 19098 18331 977 1140 11646 13698 2564455 1302162 1297690 1262293 248976 267788 1578387 1563250 11000 19104 3309 3003 2376500 2376500 16385 17466 2407194 2416073 X -828807 -852823 -828807 -852823 1578387 1563250 -24016 0 X X 0 1 X 1 1 1 X 183065 212594 213936 221405 219537 1050537 113890 108688 106903 108674 127624 565779 296955 321282 320839 330079 347161 1616316 0 0 0 1616316 273 145 88 436 10225 11167 273 145 88 436 10225 11167 2137 1645 6527 2807 5006 18122 299365 323072 327454 333322 362392 1645605 0.98220 0.98940 0.00680 0.00070 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. EXPLANATION: INCLUDED ON PAGE 9 IN CURRENT YEAR OTHER REVENUE LINE 7C IS A LOSS ON DISPOSAL OF DEPRECIABLE ASSETS $7,647. THE LOSS IS NOT BEING INCLUDED ON SCHEDULE A, PART III, LINE 12 BECAUSE IT DOES NOT MEET THE DEFINITION OF SUPPORT AS DEFINED IN SECTION 509(D) OF THE INTERNAL REVENUE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 275038 275038 2244926 1273949 970977 34860 18582 16278 9631 9631 0 1262293 MORTGAGE ESCROW DEPOSITS 15550 C RESERVE REPLACEMENT FUND 241215 C RESIDUAL RECEIPTS 11023 C 267788 SECURITY DEPOSITS 14228 ACCRUED WAGES PAYABLE 3010 ACCRUED PAYROLL TAXES PAYABLE 228 17466 X 362392 0 362392 -7647 -7647 354745 386408 7647 7647 378761 0 378761 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 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: TAX GAIN LOSS -7,647. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK GAIN LOSS 7,647. FORM 990, PART VI, SECTION A, LINE 3 CHRISTIAN VILLAGE OF EASTERN VIRGINIA INC. IS MANAGED BY COMMUNITY MANAGEMENT CORPORATION, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. COMMUNITY MANGEMENT CORPORATION HAS A PROJECT OWNER'S & MANAGEMENT CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION HUD HAS APPROVED COMMUNITY MANAGEMENT CORPORATION TO MANAGE THE MACON HOUSING DEVELOPMENT CORPORATION PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE OUTSIDE INDEPENDENT ACCOUNTANT FORWARDS A DRAFT OF FORM 990 TO THE MANAGEMENT COMPANY, WHICH IN TURN DISBURSES A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. UPON BOARD APPROVAL, THE BOARD PRESIDENT NOTIFIES THE MANAGEMENT COMPANY TO COMMUNICATE APPROVAL TO THE OUTSIDE ACCOUNTANT, WHICH ISSUES A FINAL RETURN FOR THE BOARD PRESIDENT TO SIGN AND FILE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE OFFICERS OR KEY EMPLOYEES (SEE PAGE 7, PART VII). FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. CHRISTIAN VILLAGE OF CENTRAL VIRGINIA INC PO BOX 25168 WINSTONSALEM NC 27114 541637562 LOW INCOME HOUSING VA 501(C)(3) LINE 10 0 CHRISTIAN VILLAGE OF WESTERN VIRGINIA INC PO BOX 25168 WINSTONSALEM NC 27114 541762539 LOW INCOME HOUSING VA 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0