2024-08-09T20:14:49-04:00 2023-12-31 260023862 David A Lipinski CPA PC 3324 East Ray Road Box 128 Higley AZ 85236 990 2023-01-01 953272900 Centennial Village Corporation CENT 130 West Brown Mesa AZ 85201 Matt Cheney President and C 4808336036 2024-07-19 true true David A Lipinski P00046272 4804913423 2024-08-09 2023 2024-08-08 14:25:15Z 2181562 false X www.centennialvillage.org X 1978 AZ The Organizations only mission, as outlined in its Articles of Incorporation, is to provide a safe, comfortable, and affordable apartment community for senior adults, 62 years and older, with the assistance of funding through a contract with HUD. X 4 2 9 0 0 0 2077379 2174673 4548 6889 0 2081927 2181562 2934593 0 755731 922558 0 0 926596 1030756 1682327 4887907 399600 -2706345 3132854 9408329 97093 9078913 3035761 329416 The Organizations only mission, as outlined in its Articles of Incorporation, is to provide a safe, comfortable, and affordable apartment community for senior adults, 62 years and older, with the assistance of funding through a contract with HUD. false false 4727075 The Organizations nonprofit status, and support from its federal housing contracts, have allowed the Organization to carry out the single purpose of providing housing for low-income seniors. All of the Section 8 income is dedicated to this program. 4727075 true 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 true false true false false false false false false false false false false false true false true false false false true 3 0 9 true false false false false false false false false X 4 2 true false false false false false false true false false false true true true true true true true true false false X Matt Cheney 4808336036 130 West Brown Mesa AZ 85201 Matt Cheney President and CEO 60.00 0.00 X X 317578 0 0 Craig Cheney Executive Chairman 40.00 0.00 X 219611 0 0 Judi Ward Director 1.00 0.00 X 0 0 0 Jerry Ferguson Secretary 1.00 0.00 X X 0 0 0 537189 0 0 2 false true false Govt fees & contract 531110 1419417 1419417 Tenant rents 531110 692329 692329 Special claims 531110 6960 6960 Coin op revenue 531110 6390 6390 Tenant charges 531110 4811 4811 44766 44766 2174673 6889 6889 2181562 2174673 0 6889 2934593 2934593 537189 473673 63516 265837 239254 26583 72054 57643 14411 47478 37982 9496 5479 5479 14195 14195 2000 2000 41993 37794 4199 276800 271264 5536 395 395 60532 60532 64205 60995 3210 Property maintenance 358855 351678 7177 Utilities 172139 168697 3442 Elderly care 7632 7632 Other renting expenses 14605 14605 11926 10733 1193 4887907 4727075 160832 0 1821752 178342 4358 4888 353347 152397 1244794 200950 61420 9024679 3132854 9408329 37126 58388 59967 9020525 97093 9078913 X 3035761 329416 3035761 329416 3132854 9408329 -2706345 0 X false true X true true true X 1909998 2047653 2052782 2077379 2174673 10262485 1909998 2047653 2052782 2077379 2174673 10262485 1292152 1336650 1374255 1375286 1397601 6775944 1292152 1336650 1374255 1375286 1397601 6775944 3486541 990 1091 853 4548 6889 14371 990 1091 853 4548 6889 14371 1910988 2048744 2053635 2081927 2181562 10276856 0.33930 0.34170 0.00000 0.00000 X 191554 191554 161793 161793 152397 -152397 200950 Tenant deposits held in trust 62391 Operating lease right-of-use asset 8962288 9024679 Tenant security deposits liability 58237 Operating lease liability 8962288 9020525 2181562 2181562 2181562 4887907 4887907 4887907 true 130 West Brown Road LLC 130 West Brown Road Mesa AZ 85201 874045328 7200000 Estimated value Land and buildings Low-income housing to be leased back Century Fund Corporation 130 West Brown Road Mesa AZ 85201 874005222 501c3 1759726 Cash value 1 1 Monitoring procedures (Part I, line 2) The Organizations Board of Directors discuss the selection of grantees, communicate the grantees use of such grant funds, and monitor the grantees for compliance with the grant terms. X X X X false false false false false false Craig Cheney Executive Chairman 219611 219611 Matt Cheney President and CEO 317578 317578 Land and buildings donated to an affiliated company and leased back 2023-04-07 1174867 Book value 874045328 130 West Brown Road LLC 130 West Brown Road Mesa AZ 85201 LLC Cash reserves donated to an affiliated nonprofit entity 2023-04-07 1759726 Cash value 874005222 Century Fund Corporation 130 West Brown Road Mesa AZ 85201 509a3 true false false false Officer directors etc family relationship Part VI line 2 The Operations President/CEO is related to the former President/CEO of the Organization. Committee meeting documentation Part VI line 8b There are no other committees. Form 990 governing body review Part VI line 11 The completed Form 990 is provided to the Board of Directors for review prior to filing. Conflict of interest policy compliance Part VI line 12c The Organization has a written conflict of interest policy that has been in place for many years. The Board of Directors discusses any conflicts of interest that might exist on a regular basis. CEO executive director top management comp Part VI line 15a CEO and other top management level compensation is approved exclusively by independent members of the board of directors after reviewing job performance and responsibilities, as well as data from recommended sources such as Candid, ProPublica and 990 reports from other non-profit organizations of similar size, location, and scope of services. Other officer or key employee compensation Part VI line 15b The compensation for other officers and key employees is approved exclusively by independent members of the board of directors after reviewing job performance and responsibilities, as well as data from recommended sources such as Candid, ProPublica and 990 reports from other non-profit organizations of similar size, location, and scope of services. Governing documents etc available to public Part VI line 19 The Organizations Articles of Incorporation are on public file with the Arizona Corporation Commission. The Articles of Incorporation, By-laws, conflict of interest policy, annual Form 990, and annual audit are available to the public upon request. Century Fund Corporation 130 West Brown Road Mesa AZ 85201 874006222 Manage cash holdings AZ 509a3 12b N/A false 130 West Brown Road LLC 130 West Brown Road Mesa AZ 85201 874045328 Lessor of land and buildings AZ 501c3 12b Century Fund Corporation false true false false false false false false false false true false false false false false true false false Explanation of information on Schedule R 1b) During 2023, the filing organization donated land and buildings to 130 West Brown Road LLC which were leased back to the filing organization. Also, the filing organization donated cash reserves to Century Fund Corporation to manage the cash holdings.1k) During 2023, the filing organization leased the land and buildings from 130 West Brown Road LLC.1q) During 2023, the filing organization received expense reimbursement payments from both 130 West Brown Road LLC and Century Fund Corporation. The reimbursements were for administrative and bookkeeping services provided by the filing organization.