2024-06-06T15:55:42-05:00 2023-12-31 341082617 APPLE GROWTH PARTNERS 1540 WEST MARKET ST AKRON OH 44313 990 2023-01-01 341430740 TETON HOUSING CORPORATION TETO 3307624011 730 WEST MARKET STREET AKRON OH 44303 ELMER JACOBS PRESIDENT 3307624011 2024-06-06 1 ELMER JACOBS XXX-XX-XXXX 0 DANA PATTERSON P01278758 3308677350 2024-06-06 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ELMER JACOBS 730 WEST MARKET STREET AKRON OH 44303 716402 0 X N/A X 1984 OH PROVIDES LOW-INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS 2 1 0 0 0 0 0 0 689138 714108 73 157 1217 2137 690428 716402 0 0 0 0 0 0 0 0 0 652156 699182 652156 699182 38272 17220 900875 851166 1974934 1908005 -1074059 -1056839 PROVIDES LOW-INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS. 0 0 658280 715476 PROVIDES LOW-INCOME HOUSING TO SENIOR CITIZENS IN A 58-UNIT APARTMENT COMPLEX 658280 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OH X SUMMIT MGMT SERVICES 3307624011 730 WEST MARKET ST AKRON OH 44303 X ELMER JACOBS PRESIDENT 1.00 X X 0 0 0 HERBERT NEWMAN VP, SECRETARY, TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 713230 713230 LAUNDRY AND VENDING 531110 769 769 TENANT CHARGES 531110 109 109 714108 157 157 MISCELLANEOUS 900099 2137 2137 2137 716402 715476 0 926 X 36564 36564 1289 1289 19180 19180 249740 230570 19170 910 910 31327 31327 204803 204803 69037 69037 8681 8681 MAINTENANCE EXPENSE 41912 41912 RESIDUAL RECEIPTS RECAP 24237 24237 BAD DEBTS 6535 6535 RENTING EXPENSE 3504 3504 1463 200 1263 699182 658280 40902 0 37729 1697 14857 15359 2407 2034 5765 6443 2813886 2291549 571759 522337 268358 303296 900875 851166 59716 61119 851 1219 1900229 1831216 14138 14451 1974934 1908005 X -1074059 -1056839 -1074059 -1056839 900875 851166 17220 0 X 0 1 X 0 1 1 X 675225 692065 692716 689636 715476 3465118 719 719 675225 692065 692716 690355 715476 3465837 0 0 0 3465837 108 84 66 73 157 488 108 84 66 73 157 488 2512 2512 675333 692149 695294 690428 715633 3468837 0.99910 0.99910 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 2,512. 121400 121400 2501745 2106526 395219 126912 121194 5718 63829 63829 0 522337 ESCROW DEPOSITS 49015 REPLACEMENT RESERVE 210207 RESIDUAL RECEIPTS 44074 303296 SECURITY DEPOSITS 14451 14451 X 716402 0 716402 0 716402 699182 0 699182 0 699182 PART X, LINE 2: THE ORGANIZATION QUALIFIES FOR TAX EXEMPT STATUS UNDER IRS CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION IS NECESSARY FOR FEDERAL, STATE AND LOCAL INCOME TAXES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HERBERT NEWMAN OFFICER 36564 MANAGEMENT FEE 1 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES ARE DELEGATED TO SUMMIT MANAGEMENT SERVICES, INC. PURSUANT TO A MANAGEMENT AGREEMENT WITH TETON HOUSING CORPORATION. FORM 990, PART VI, SECTION A, LINE 8A NO MEETINGS WERE HELD DURING 2023. FORM 990, PART VI, SECTION A, LINE 8B NO MEETINGS WERE HELD DURING 2023. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS A DRAFT OF THE 990 PRIOR TO SIGNING THE 8879. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MANAGER: PROGRAM SERVICE EXPENSES 88,456. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,456. OFFICE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,511. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,511. MAINTENANCE SERVICES: PROGRAM SERVICE EXPENSES 110,029. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,029. ALL OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 32,085. MANAGEMENT AND GENERAL EXPENSES 2,659. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,744.