2024-05-13T14:52:19-04:00 2023-06-30 710652947 MILLER & ROSE PA 1309 EAST RACE SEARCY AR 72143 990EZ 2022-07-01 581878206 INDEPENDENCE VILLAGE INC INDE 8704256076 315 W 6TH STREET SUITE 1 MOUNTAIN HOME AR 72653 BRAD CUMMINGS PRESIDENT 8704256076 2024-05-11 true BRAD CUMMINGS 999009999 false L SCOTT ROSE CPA P00100171 5012688692 2024-05-11 2022 2023-04-26 12:10:37Z X X N/A X X 133421 X 88857 43903 661 133421 11220 88573 99793 33628 70046 103674 X 33582 58255 249675 260395 163416 137744 446673 456394 376627 352720 70046 103674 OPERATE AN APARTMENT COMPLEX FOR ELDERLY TENANTS WITH HUD ASSISTANCE HUD HOUSING COMPLEX OF 20 UNITS FOR ELDERLY THAT MEET INCOME GUIDELINES 99793 99793 BRAD CUMMINGS PRESIDENT 000.00 0 KEN COTTER BOARD MEMBER 000.00 0 MIKE HIGGINBOTHAM BOARD MEMBER 000.00 0 false false false false false false false false false PROFESSIONAL PROPERTY MANAGEMENT 315 W 6TH STREET SUITE 1 MOUNTAIN HOME AR 72653 8704256076 false false false false false false false false false false false NONE NONE true X 87622 83867 71064 85798 88857 417208 36502 36993 32184 39281 43903 188863 124124 120860 103248 125079 132760 606071 606071 259 282 221 131 661 1554 259 282 221 131 661 1554 124383 121142 103469 125210 133421 607625 0.99740 0.99810 0.00000 0.00000 X FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 17 OFFICE EXPENSE 4,616 MANAGER SALARY REIMBURSEMENT 13,102 INTEREST EXPENSE 3,516 PROPERTY AND LIABILITY INS 4,261 FIDELITY BOND 9 WORKMENS COMPENSATION 146 MISC ADMIN EXPENSE 221 MAINT PAYROLL REIMB 5,458 MAINT SUPPLIES 3,849 MAINT CONTRACTS 12,151 GARBAGE AND TRASH REMOVAL 2,798 HVAC 213 REIMBURSE PAYROLL TAXES 1,532 REIMBURSE EMPLOYEE BEN 2,593 UTILITIES 14,658 NON-INVESTMENT DEPRECIATION 19,433 TOTAL 88,573 FORM 990-EZ, PART II, LINE 24 PREPAID EXPENSES AND DEFERRED CHARGES 3,964 6,830 EQUIPMENT 61,027 64,098 LESS ACCUMULATED DEPRECIATION 59,260 59,833 SECURITY DEP CASH 4,302 4,761 REPLACEMENT RESERVE 83,848 85,393 RESIDUAL RECEIPTS 69,535 36,495 TOTAL 163,416 137,744 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,484 13,695 TENANT SECURITY DEPOSITS 4,201 4,773 MORTGAGE AND OTHER NOTES PAYABLE 361,942 334,252