2024-10-04T08:50:40-05:00 2023-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-01-01 582213238 NORTH CAROLINA INDEPENDENT LIVING OF DEAF PERSONS INC NORT 3367653906 2585 W CLEMMONSVILLE RD SUITE 10 WINSTONSALEM NC 27127 JAMES MCLEOD WILSON PRESIDENT 3367653906 2024-09-19 1 0 IRISH THURSTON P01662190 3362944494 2024-09-18 2023 2024-10-15 13:58:12Z TILLINGHAST PLACE APARTMENTS JAMES MCLEOD WILSON 2585 W CLEMMONSVILLE RD SUITE 102 WINSTONSALEM NC 27127 137231 0 X N/A X 1995 NC NORTH CAROLINA INDEPENDENT LIVING OF DEAF PERSONS WAS ORGANIZED TO OWN AND OPERATE A 22-UNIT APARTMENT COMMUNITY IN CHARLOTTE, NORTH CAROLINA KNOWN AS TILLINGHAST PLACE APARTMENTS, PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS), WHILE HUD PAYS THE BALANCE OF THE RENT. 3 3 0 3 0 0 74041 62543 68765 74675 11 13 0 0 142817 137231 0 0 0 0 0 0 0 0 0 135848 152689 135848 152689 6969 -15458 801466 791415 1395633 1401040 -594167 -609625 X NORTH CAROLINA INDEPENDENT LIVING OF DEAF PERSONS WAS ORGANIZED TO OWN AND OPERATE A 22-UNIT APARTMENT COMMUNITY IN CHARLOTTE, NORTH CAROLINA, KNOWN AS TILLINGHAST PLACE APARTMENTS, PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS), WHILE HUD PAYS THE BALANCE OF THE RENT. 0 0 145074 74675 NORTH CAROLINA INDEPENDENT LIVING OF DEAF PERSONS WAS ORGANIZED TO OWN AND OPERATE A 22-UNIT APARTMENT COMMUNITY IN CHARLOTTE, NORTH CAROLINA, KNOWN AS TILLINGHAST PLACE APARTMENTS, PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS), WHILE HUD PAYS THE BALANCE OF THE RENT. 145074 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 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X NC HOUSING SERVICES & MANAGEMENT CO 3367653906 2585 W CLEMMONSVILLE RD SUITE 102 WINSTONSALEM NC 27127 X JAMES MCLEOD WILSON PRESIDENT 0.00 X X 0 0 0 MARK DEAN BAUCOM VICE-PRESIDENT 0.00 X X 0 0 0 FRANCES COLLETT APPERSON SECRETARY 0.00 X X 0 0 0 0 0 0 0 0 0 0 0 62543 62543 TENANT RENTAL PAYMENTS 531110 74371 74371 TENANT CHARGES 531110 304 304 74675 13 13 137231 74675 0 13 11221 11221 5408 5408 4341 4341 11067 11067 597 597 29823 29823 18755 18755 CONTRACTS 23449 23449 MANAGER SALARY REIMBURS 15092 15092 SUPPLIES 11717 11717 PAYROLL REIMBURSEMENT 9285 9285 11934 9727 2207 152689 145074 7615 0 39745 17313 119634 150037 852 2849 3842 4622 1431046 820988 631313 610058 6080 6536 801466 791415 14564 20083 589 21 1374400 1374400 6080 6536 1395633 1401040 X -594167 -609625 -594167 -609625 801466 791415 -15458 0 X 0 1 X 1 1 1 X 81151 82357 67107 74041 62543 367199 59016 60697 71421 68765 74675 334574 140167 143054 138528 142806 137218 701773 0 0 0 701773 6 6 7 11 13 43 6 6 7 11 13 43 1487 1262 2432 5181 141660 144322 140967 142817 137231 706997 0.99260 0.99050 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES, AND OTHER INCOME FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160782 160782 1214990 776097 438893 55274 44891 10383 610058 TENANT SECURITY DEPOSITS 6536 6536 X 137231 0 137231 0 137231 152689 0 152689 0 152689 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 A, LINE 3 THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO THE NORTH CAROLINA HOUSING SERVICES AND MANAGEMENT CORPORATION. THE APARTMENT COMPLEX IS REGULATED BY U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. NORTH CAROLINA HOUSING SERVICES AND MANAGEMENT CORPORATION WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES. 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 C, LINE 19 FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.