2024-08-13T13:19:00-05:00 2024-03-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2023-04-01 341232967 HOPE MANOR INC HOPE 4192422300 1822 CHERRY STREET TOLEDO OH 43608 JOSEPH ZAVAC PRESIDENT 4192422300 2024-08-12 1 0 SAMUEL T BOERMA P00614373 8506500125 2023 2024-08-08 14:25:15Z JOSEPH ZAVAC 1822 CHERRY STREET TOLEDO OH 43608 1060539 0 X N/A X 1977 OH HOPE MANOR, INC. IS A NON-PROFIT OHIO CORPORATION FORMED TO ACQUIRE, OWN, AND OPERATE A 100 UNIT APARTMENT COMMUNITY KNOWN AS HOPE MANOR, LOCATED IN TOLEDO, OHIO. THE PROJECT WAS BUILT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 5 5 0 0 0 0 0 0 1009929 1053167 2363 7372 0 0 1012292 1060539 0 0 0 0 0 0 0 0 0 886605 918321 886605 918321 125687 142218 2128344 2167013 691098 587549 1437246 1579464 HOPE MANOR, INC. IS A NON-PROFIT OHIO CORPORATION FORMED TO ACQUIRE, OWN, AND OPERATE A 100 UNIT APARTMENT COMMUNITY KNOWN AS HOPE MANOR, LOCATED IN TOLEDO, OHIO. THE PROJECT WAS BUILT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 0 0 841910 1053167 HOPE MANOR, INC. IS A NON-PROFIT OHIO CORPORATION FORMED TO ACQUIRE, OWN, AND OPERATE A 100 UNIT APARTMENT COMMUNITY KNOWN AS HOPE MANOR, LOCATED IN TOLEDO, OHIO. THE PROJECT WAS BUILT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 841910 0 0 0 0 0 0 0 0 0 1 0 1 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 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X VISTULA MANAGEMENT COMPANY 4192422300 1822 CHERRY STREET TOLEDO OH 43608 X JOSEPH ZAVAC PRESIDENT 0.50 X X 0 0 0 ROBERT SEYFANG SECRETARY 0.50 X X 0 0 0 ELIZABETH HAZARD TREASURER 0.50 X X 0 0 0 GLENN FITKIN TRUSTEE 0.50 X 0 0 0 WILLIAM THOMAS TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 1053167 1053167 1053167 7372 7372 1060539 1053167 0 7372 59940 59940 1213 1213 6500 6500 27983 27983 398469 398469 37332 37332 1489 1489 MANAGEMENT COMPANY EMPL 220672 212989 7683 REPAIRS & MAINTENANCE 117023 117023 SERVICE COORDINATOR 44399 44399 SECURITY CONTRACT 1468 1468 1833 758 1075 918321 841910 76411 0 39096 73179 148561 904 29858 33446 3700146 3212070 469338 488076 1364148 1500050 38190 30700 39153 40658 2128344 2167013 104047 122137 11536 5139 537300 420173 38215 40100 691098 587549 X 1437246 1579464 1437246 1579464 2128344 2167013 142218 0 X X 0 1 X 1 1 1 183848 183848 3272063 2991130 280933 134846 134846 0 109389 86094 23295 488076 TAX AND INSURANCE ESCROW 69151 C REPLACEMENT RESERVE 764889 C OTHER RESERVES 175485 C RESIDUAL RECEIPTS 288896 C BOARD DESIGNATED FUNDS 201629 C 1500050 TENANT SECURITY DEPOSITS 40100 40100 X 1060539 0 1060539 0 1060539 918321 0 918321 0 918321 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 HOPE MANOR, INC. IS MANAGED BY VISTULA MANAGEMENT COMPANY, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. VISTULA MANAGEMENT COMPANY HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED VISTULA MANAGEMENT COMPANY TO MANAGE THE PROJECT. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.