2024-02-06T10:29:28-06:00 2023-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2022-07-01 581394455 KORNER HOMES INC KORN 3367653906 2585 W CLEMMONSVILLE RD SUITE 102 WINSTONSALEM NC 27127 TAMMY VERNON TREASURER 3367653906 2024-02-05 1 TAMMY VERNON 999009999 0 IRISH THURSTON P01662190 3362944494 2024-01-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KOERNER PLACE TAMMY VERNON 2585 W CLEMMONSVILLE RD SUITE 102 WINSTONSALEM NC 27127 775589 0 X NCHSM.ORG X 1980 NC OWN AND OPERATE AN 80 UNIT APARTMENT COMPLEX FOR THE ELDERLY UNDER SECTION 207/223(F) OF THE NATIONAL HOUSING ACT. 3 3 0 3 0 0 525947 522739 230811 251278 337 1572 0 0 757095 775589 0 0 0 0 0 0 0 0 0 716499 685755 716499 685755 40596 89834 1445536 1440247 2295575 2200452 -850039 -760205 DEVELOP AND OPERATE HUD SECTION 202 HOUSING FOR THE ELDERLY. 0 0 669269 251278 OPERATING AN 80 UNIT APARTMENT COMPLEX FOR THE LOW INCOME ELDERLY 669269 1 1 0 0 0 0 0 0 0 0 1 0 0 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 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 0 0 0 1 0 0 0 X NC HOUSING SERVICES AND MANAGEMENT CORPORATION 3367653906 2585 W CLEMMONSVILLE RD SUITE 102 WINSTONSALEM NC 27127 CRAIG PEATROSS PRESIDENT 0.00 X X 0 0 0 MALLORY OATES SECRETARY 0.00 X X 0 0 0 GARRY MERRITT DIRECTOR 0.00 X 0 0 0 TAMMY VERNON TREASURER 0.20 40.00 X 0 113995 0 JOHN NICHOLS ASST. SECRETARY/ASST. VP 0.20 40.00 X 0 63382 0 0 177377 0 0 0 0 0 0 522739 522739 TENANT RENTAL PAYMENTS 531110 249822 249822 TENANT CHARGES 531110 1176 1176 LAUNDRY AND VENDING RE 531110 280 280 251278 1572 1572 775589 251278 0 1572 X 50922 50922 5776 5776 22811 22811 13265 13265 960 960 87014 87014 59388 59388 59861 59861 CONTRACTS 110150 110150 SUPPLIES 55849 55849 PAYROLL REIMBURSEMENT 50618 50618 ASSISTED LIVING EXPENSE 45180 45180 123961 113251 10710 685755 669269 16486 0 7662 1993 483084 532971 5284 6207 9728 5053 3530216 2755229 816540 774987 95451 90515 27787 28521 1445536 1440247 46585 31907 4366 289 2216837 2139735 27787 28521 2295575 2200452 X -850039 -760205 -850039 -760205 1445536 1440247 89834 0 X 0 1 X 1 1 1 X 496435 499802 515392 525947 522739 2560315 198632 209636 234251 230811 251278 1124608 695067 709438 749643 756758 774017 3684923 0 0 0 3684923 782 922 477 337 1572 4090 782 922 477 337 1572 4090 695849 710360 750120 757095 775589 3689013 0.99890 0.99920 0.00110 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 170562 170562 2509640 2144928 364712 376794 374745 2049 473220 235556 237664 774987 TENANT SECURITY DEPOSITS 28521 28521 X 775589 0 775589 0 775589 685755 0 685755 0 685755 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 2023. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE OF THE MANAGEMENT COMPANY AND SIGNED BY THE TREASURER OF THE OWNER. BOTH INDIVIDUALS REPORT TO THE BOARD OF DIRECTORS (GOVERNING BODY). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS NO WRITTEN CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER PERTINENT INFORMATION ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E MANAGER SALARY REIMBURSEMENT: PROGRAM SERVICE EXPENSES 39,726. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,726. OFFICE SALARY REIMBURSEMENT: PROGRAM SERVICE EXPENSES 23,518. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,518. GARBAGE AND TRASH REMOVAL: PROGRAM SERVICE EXPENSES 11,399. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,399. MISC. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,710. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,710. HEATING/COOLING REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 9,916. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,916. MORTGAGE INSURANCE PREMIUMS: PROGRAM SERVICE EXPENSES 9,787. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,787. MISC. OPERATING EXPENSES: PROGRAM SERVICE EXPENSES 8,120. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,120. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 7,849. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,849. SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 1,522. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,522. OTHER RENTING EXPENSES: PROGRAM SERVICE EXPENSES 1,139. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,139. BAD DEBTS: PROGRAM SERVICE EXPENSES 237. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 237. VEHICLE REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 38. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38. NORTH CAROLINA HOUSING FOUNDATION INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 560929051 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 GLADSTONE HOUSING INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 582168448 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 GRANVILLE PLACE INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 581348601 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 GRANVILLE PLAZA INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 582004370 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 HUNTERS HILL INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 263202574 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 LEGACY PLACE OF CATAWBA VALLEY INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 200724481 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 MOCK PLACE INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 581478146 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 MOUNTAIN PLACE INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 582024187 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 TYRO SCHOOL APARTMENTS INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 800368717 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 EAST SALEM APARTMENTS INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 550824558 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 EAST SALEM HOMES INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 581366719 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 VHVH INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 275554898 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 MILLBROOK HOMES INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 561983872 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 EAST 5TH STREET APARTMENTS INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 450705485 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 NORTH CAROLINA HOUSING SERVICES & MANAGEMENT CORP 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 562087570 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 NORTH WING INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 455043940 LOW INCOME HOUSING NC 501(C)(3) LINE 10 0 ARP PLACE - GASTONIA INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 204336551 DISABLED HOUSING NC 501(C)(3) LINE 10 0 ARP MANOR - KINGS MOUNTAIN INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 200550401 ELDERLY HOUSING NC 501(C)(3) LINE 10 0 ARP MANOR - MOORESVILLE INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 300028163 ELDERLY HOUSING NC 501(C)(3) LINE 10 0 THE ASSOCIATE REFORMED PRESBYTERIAN HOMES INC 2585 W CLEMMONSVILLE ROAD SUITE 102 WINSTONSALEM NC 27127 570673290 ELDERLY HOUSING NC 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 NORTH CAROLINA HOUSING SERVICES AND MANAGEMENT CORPORATION M 50922 COST NORTH CAROLINA HOUSING SERVICES AND MANAGEMENT CORPORATION P 200631 COST