2024-11-14T12:39:10-05:00 2023-12-31 352072184 DWC CPAS LLC 3454 DOUGLAS RD SOUTH BEND IN 46635 990 2023-01-01 351868796 COMMUNITY HOMEBUYERS CORPORATION COMM 5742355921 227 W JEFFERSON BLVD 1400 S SOUTH BEND IN 46601 MARK DOLLINGER PRESIDENT 5742359475 2024-11-14 true true BRIAN OBERLIE CPA P01478163 5742339366 2024-11-14 2023 2024-10-15 13:58:12Z MARK DOLLINGER 701 W SAMPLE STREET SOUTH BEND IN 46601 76375 false X WWW.AHOMEALLMYOWN.ORG X 1992 IN TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME HOUSEHOLDS WITHIN ST. JOSEPH COUNTY, INDIANA WITH EMPHASIS UPON PROVIDING HOUSING OPPORTUNITIES IN NEIGHBORHOODS CONSIDERED AT HOUSING RISK. 9 9 0 0 309200 53450 32230 22925 0 0 341430 76375 309200 53400 0 0 0 0 25905 25086 335105 78486 6325 -2111 456631 315382 218519 79381 238112 236001 TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME HOUSEHOLDS WITHIN ST. JOSEPH COUNTY, INDIANA WITH EMPHASIS UPON PROVIDING HOUSING OPPORTUNITIES IN NEIGHBORHOODS CONSIDERED AT HOUSING RISK. false false 56272 53400 22925 IN 2023, THE ORGANIZATION PROVIDED 3 LOANS TO LOW AND MODERATE INCOME FAMILIES WITH NEW FORGIVABLE MORTGAGE LOANS USED FOR DOWNPAYMENT ASSISTANCE, AND SERVICED 198 FIRST MORTGAGE LOANS PROVIDED TO LOW AND MODERATE INCOME FAMILIES. 56272 true true false false false false false false true false false false false true false true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 9 9 false true false false false false false true true false false true true true true true true false false false X ROSA TOMAS 5742355921 227 W JEFFERSON BLVD SOUTH BEND IN 46601 X MARK BERTA DIRECTOR 1.00 X 0 0 0 MICHELE BANES DIRECTOR 1.00 X 0 0 0 GREG DANNER DIRECTOR 1.00 X 0 0 0 DANIEL CONROY DIRECTOR 1.00 X 0 0 0 ANDREW BURGGRAF DIRECTOR 1.00 X 0 0 0 SUZANNE KOST DIRECTOR 1.00 X 0 0 0 LEROY KING DIRECTOR 1.00 X 0 0 0 MARK DOLLINGER PRESIDENT 2.00 X X 0 0 0 CHAD DOUGLASS SECRETARY/TR 2.00 X X 0 0 0 false false false 53450 53450 SERVICING FEES 522292 18906 18906 PROGRAM ADMINISTRATION FEE 522292 2048 2048 INSPECTION FEE 522292 1000 1000 UNDERWRITING FEE 522292 1000 1000 MORTGAGE LOAN INTEREST 522292 -29 -29 22925 76375 22925 53400 53400 13750 13750 1797 1797 5500 5500 870 870 2002 2002 BANK SERVICE CHARGE EXPEN 1167 1167 78486 56272 22214 0 245185 286162 80800 646 30 130000 29190 456631 315382 39868 70224 9157 9157 169494 218519 79381 X 238112 236001 238112 236001 456631 315382 -2111 X false true X true false X 272480 191620 198560 309200 53450 1025310 50764 25749 29543 49489 37731 193276 323244 217369 228103 358689 91181 1218586 1218586 1218586 161456 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X DUE FROM PARTICIPANT BANKS FOR LOAN 29190 29190 X 114106 37731 37731 76375 76375 116217 37731 37731 78486 78486 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION IS HOLDING FUNDS ON BEHALF OF A HOMEOWNER FOR REPAIRS TO THE HOME. SCHEDULE D, PAGE 3, PART X A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. EXAMPLES OF TAX POSITIONS INCLUDE OUR TAX-EXEMPT STATUS AND POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND THERE ARE NO UNRECOGNIZED TAX BENEFITS RECORDED AS LIABILITIES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION CLASSIFIES INTEREST AND PENALTIES, IF ANY, ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, AND THERE WAS NO ACCRUED INTEREST OR ANY PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AT EITHER DECEMBER 31, 2023 OR 2022, OR ANY INTEREST OR PENALTIES EXPENSE RELATED TO UNRECOGNIZED TAX BENEFITS FOR THE YEARS THEN ENDED. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR YEARS PRIOR TO 2020. true DOWNPAYMENT ASSISTANCE GR 3 3000 DEBT FORGIVENESS EXPENSE 3 50400 SCHEDULE I, PAGE 1, PART I, LINE 2 FORGIVABLE SECOND MORTGAGES USED FOR DOWN PAYMENT ASSISTANCE ON HOMES ARE PROVIDED TO LOW AND MODERATE INCOME FAMILIES UNDER A COMMUNITY DEVELOPMENT BLOCK GRANT FROM THE CITY OF SOUTH BEND. THE FUNDS ARE MONITORED BY FOLLOWING GUIDELINES UNDER THE TERMS OF THAT GRANT. FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION IS MANAGED BY EMPLOYEES OF THE CITY OF SOUTH BEND. THE CITY PROVIDES THE ORGANIZATION WITH THE MAJORITY OF ITS FUNDING. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE BEING SIGNED AND FILED BY THE BOARD PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION PROVIDES TO ITS BOARD AND COMMITTEE MEMBERS ITS CONFLICT OF INTEREST POLICY. THAT POLICY REQUIRES SUCH INDIVIDUALS TO DISCLOSE ANY POTENTIAL CONFLICT TO THE BOARD OR COMMITTEE. THE BOARD OR COMMITTEE DETERMINES IF SUCH POTENTIAL CONFLICT IS ACTUALLY A CONFLICT OF INTEREST. IF IT IS, THE BOARD OR COMMITTEE INVESTIGATES WHETHER A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT CAN BE MADE WITH ANOTHER PARTY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF ONE IS NOT REASONABLY AVAILABLE, THE BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, AND WHETHER IT IS REASONABLE, BEFORE DECIDING WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE INTERESTED MEMBER IS EXCLUDED FROM ALL DISCUSSIONS, INVESTIGATIONS, AND VOTING ON THE MATTER OF INTEREST. A MEMBER FOUND TO HAVE VIOLATED THIS POLICY IS SUBJECT TO APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE OFFICE.