2024-04-16T15:44:44-04:00 2023-12-31 721314069 MADDOX & ASSOCIATES APC 5627 BANKERS AVE BLDG 2 BATON ROUGE LA 708082610 990 2023-01-01 742703347 CASITAS CASH INC CASI 8303722600 PO BOX 990 SEGUIN TX 78156 BRAD PRAK MANAGEMENT AGENT 8303722600 2024-04-11 true BRAD PRAK 999009999 false WILLIAM B BEALE P00437323 2259263360 2024-04-16 2023 2023-04-26 12:10:37Z ELENA C DIAZ HOMES FOR SPECIAL CIT PABLO AGUILLON PO BOX 990 SEGUIN TX 78156 302747 false X X 1994 TX THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS, FOR THE PURPOSE OF DEVELOPING AND OPERATING AN APARTMENT COMPLEX OF 24 UNITS IN CRYSTAL CITY, TEXAS. THE CORPORATION WILL OPERATE UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT AND BE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 5 5 0 0 0 221266 261051 28 26725 0 221294 287776 0 0 82077 77544 0 0 195155 186511 277232 264055 -55938 23721 564007 624242 1240610 1277124 -676603 -652882 X THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND/OR EDUCATIONAL PURPOSES. THE CORPORATION IS REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND PROVIDES HOUSING AND SERVICES SPECIFICALLY DESIGNED TO MEET THE NEEDS OF THE ELDERLY AND HANDICAPPED PEOPLE, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. false false 236543 261051 THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF TEXAS, FOR THE PURPOSE OF DEVELOPING AND OPERATING AN APARTMENT COMPLEX OF 24 UNITS IN CRYSTAL CITY, TEXAS. THE CORPORATION WILL OPERATE UNDER THE PROVISIONS OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT AND BE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 236543 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false X 5 5 false true false false false true false true true false false false false false false false false false X PRAK PROPERTY MANAGEMENT INC 8303722600 PO BOX 990 SEGUIN TX 78156 X PABLO AGUILLON MEMBER X 0 0 0 DIANA PALACIOS MEMBER X 0 0 0 GUADALUPE CARDENAS VICE PRESIDE X 0 0 0 IRMA DIAZ-GOMEZ SECRETARY/TR X 0 0 0 MARIA ELENA RODRIGUEZ PRESIDENT X 0 0 0 false false false RENTAL REVENUE 531110 261051 261051 261051 80 80 41616 14971 26645 26645 26645 287776 287776 66022 66022 6454 6454 5068 5068 15526 15526 10630 10630 11552 11552 29802 29802 1356 1356 44868 44868 215 215 MISC OPERATING 69216 69216 MISC ADMINISTRATIVE 3346 3346 264055 236543 27512 0 4406 2756 2 7733 1417622 844297 526278 573325 33321 40428 564007 624242 8008 44736 302 250 1228000 1228000 4300 4138 1240610 1277124 X -676603 -652882 -676603 -652882 564007 624242 23721 X false true X false true true X 219994 222067 220414 221266 261051 1144792 219994 222067 220414 221266 261051 1144792 1144792 477 159 47 28 80 791 477 159 47 28 80 791 220471 222226 220461 221294 261131 1145583 0.99930 0.99890 0.00000 0.00000 X 24634 24634 1150853 716236 434617 242135 128061 114074 573325 REPLACEMENT RESERVE 36058 TENANT DEPOSITS HELD IN TRUST 4370 40428 SECURITY DEPOSITS PAYABLE 4138 4138 287776 287776 287776 264055 264055 264055 FORM 990 - ORGANIZATION'S MISSION THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND/OR EDUCATIONAL PURPOSES. THE CORPORATION IS REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND PROVIDES HOUSING AND SERVICES SPECIFICALLY DESIGNED TO MEET THE NEEDS OF THE ELDERLY AND HANDICAPPED PEOPLE, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. FORM 990, PAGE 6, PART VI, LINE 3 EFFECTIVE JULY 1, 2010 THE PROJECT ENTERED INTO A NEW MANAGEMENT AGREEMENT WITH PRAK PROPERTY MANAGEMENT, INC. TO PROVIDE MANAGEMENT SERVICES FOR THE APARTMENTS. THIS FEE IS TO BE 4.85% OF RESIDENTIAL INCOME COLLECTED PLUS A SPECIAL FEE OF 10 PER UNIT, PER MONTH. TOTAL FEES EARNED BY THIS MANAGEMENT COMPANY IN 2022 WAS 13,640. FORM 990, PAGE 6, PART VI, LINE 7A AS STATED IN THEIR BY-LAWS, THE CORPORATION IS TO HAVE NO LESS THAN FIVE DIRECTORS, AND AT ALL TIMES LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF THE SPONSORING COMMUNITY AGENCY FOR SELF HELP INC. OR NON-MEMBERS WHO HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS OF CASITAS CASH, INC. FORM 990, PAGE 6, PART VI, LINE 11B THE GOVERNING BODY MEETS WITH THE PROPERTY MANAGER AND REVIEWS THE FORM 990, AND IF THERE ARE ANY QUESTIONS, THEY WILL CONTACT THE ACCOUNTANT AND RESOLVE ACCORDINGLY. FORM 990, PAGE 6, PART VI, LINE 19 THE CORPORATION WILL PROVIDE A COPY OF THE ORGANIZING DOCUMENTS AND FORM 990 UPON REQUEST.