2024-07-15T09:37:54-07:00 2023-12-31 Wieland Wallace Inc 232 S Batavia Avenue Batavia IL 60510 990 2023-01-01 383546541 FAITH VILLAGE NON-PROFIT HOUSING CORPORATION FAIT 2699262363 1961 EAST EMPIRE AVENUE BENTON HARBOR MI 49022 REV WC ASKEW SR President 2024-07-15 true REV WC ASKEW SR 999009999 true PAUL H WIELAND P00326532 6304064490 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z REV WC ASKEW SR 1961 EAST EMPIRE AVENUE BENTON HARBOR MI 49022 265980 false X N/A PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME ELDERLY AND HANDICAPPED RESIDENTS 5 5 2 0 0 247212 265972 12 8 13411 0 260635 265980 0 0 86051 91411 0 0 269423 264174 355474 355585 -94839 -89605 1135458 1046162 33022 33331 1102436 1012831 PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME ELDERLY AND HANDICAPPED RESIDENTS false false 355585 265972 THE ORGANIZATION OWNS AND OPERATES A 46-UNIT HOUSING PROJECT FOR THE ELDERLY AND HANDICAPPED UNDER THE REGULATION OF HUD PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. 355585 true false false false false false false false false false true false false true true true 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 true false false false true 1 0 true 2 true false false false false false false false 0 false false false false false false false X 5 5 true true false false false false false true false false false true false false false true true false MI X TAILOR MADE PROPERTY SERVICES 7734866800 1165 N MILWAUKEE AVE CHICAGO IL 60642 X REV WC ASKEW SR President 0.50 0.00 X X 0 0 0 LAVERNE ASKEW Vice President 0.50 0.00 X X 0 0 0 WILLIE ASKEW JR Director 0.50 0.00 X 0 0 0 SANDRA LAWS Treasurer 0.50 0.00 X 0 0 0 0 false false false 0 0 RENTAL INCOME 531110 177345 177345 TENANT ASSISTANCE PMTS 531110 86660 86660 TENANT CHARGES 531110 1967 1967 265972 8 8 0 0 0 0 0 0 0 0 265980 265980 0 0 0 0 0 0 71950 71950 0 12804 12804 6657 6657 27266 27266 0 5600 5600 0 0 0 0 0 11897 11897 0 0 0 0 0 0 0 0 109812 109812 11127 11127 UTILITIES 46241 46241 CONTRACTS 31755 31755 SUPPLIES 11084 11084 GARBAGE REMOVAL 4791 4791 4601 4601 355585 355585 0 0 6895 0 0 3856 3733 0 0 0 0 0 3218767 2269996 1042983 948771 0 0 0 0 88619 86763 1135458 1046162 16997 15380 3036 4621 12989 13330 33022 33331 X -1698564 -1788169 2801000 2801000 1102436 1012831 1135458 1046162 -89605 X false true X true true true X 0 222315 227681 224669 243714 264005 1182384 0 0 0 222315 227681 224669 243714 264005 1182384 0 0 1182384 186 82 37 12 8 325 0 186 82 37 12 8 325 0 1058 13999 1835 16909 1967 35768 223559 241762 226541 260635 265980 1218477 0.97040 0.96970 0.00030 0.00040 X 37500 37500 3048447 2157030 891417 54402 43133 11269 78418 69833 8585 948771 DEPOSITS 3000 REPLACEMENT RESERVE 70429 RESIDUAL RECEIPT RESERVE 5 TENANT DEPOSITS IN TRUST 13329 86763 Rounding 1 TENANT SECURITY DEPOSITS 13329 13330 X 265980 265980 265980 355585 355585 355585 Part X : FIN48 Footnote The Organization is tax exempt under Internal Revenue Code Section 501 (c) (3), is classified as a public charity and has no unrelated business income. Accordingly, no provision for income taxes is reported. The financial statement effects of a tax position taken or expected to be taken are recognized when it is more likely than not, based on technical merits, that the position will be sustained upon examination. As of December 31, 2023, the Organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Form 990, Part VI, Section A, Line 2 TRUSTEES OF THE ORGANIZATION ARE ASSOCIATED WITH FAITH EVANGELISTIC CHURCH OF GOD. THE PRESIDENT OF THE BOARD IS THE FATHER OF ONE OF THE BOARD MEMBERS. Form 990, Part VI, Section A, Line 3 A property management company provides general management services for the building under the direction of the Board. Form 990, Part VI, Section B, Line 11b Form 990 copy is provided for review of Board and Officers. Form 990, Part VI, Section B, Line 12c BOARD MEETING TOPICS Form 990, Part VI, Section B, Line 15a No officers or board members are compensated. All other personnel are employees of the professional management company. The management company compensation is determined via contract negotiation and it is approved by HUD. Form 990, Part VI, Section B, Line 15b Board reviews and approves management company's contract and management company's on-site employees. Form 990, Part VI, Section C, Line 19 On hand upon request in management office and Board office, both on site FAITH EVANGELISTIC CHURCH GOD 1921 EAST EMPIRE AVE BENTON HARBOR MI 49022 MI 501(C)(3) NA false false false false false false false false false false false false false false false false false false false false