2024-11-15T13:56:22-05:00 2023-12-31 BLOOM & BLOOM LLP 356 MILLBURN AVE Millburn NJ 07041 990 2023-01-01 582085904 BAY MINETTE ROTARY VILLAGE INC BAYM PO BOX 160025 Mobile AL 36616 HEATHER SINGLETON PRESIDENT 2516941999 2024-11-15 false true RICHARD BLOOM P00358820 9739120300 2024-11-15 2023 2024-10-15 13:58:12Z 279808 false X X 1994 AL TO PROVIDE AFFORDABLE AND SAFE HOUSING FOR LOW-INCOME AND ELDERLY CITIZENS IN THE BAY MINETTE, ALABAMA AREA. 4 4 0 0 0 19000 237373 260802 24 6 0 237397 279808 0 0 0 0 0 334095 329064 334095 329064 -96698 -49256 1727479 1623705 102911 48396 1624568 1575309 TO PROVIDE AFFORDABLE AND SAFE HOUSING FOR LOW-INCOME AND ELDERLY CITIZENS IN THE BAY MINETTE, ALABAMA AREA. false false 320469 THE ORGANIZATION OPERATES LOW-INCOME, ELDERLY RENTAL HOUSING UNDER THE REQUIREMENTS OF THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THIS IS THE ONLY OPERATION THE ORGANIZATION HAS. THE ORGANIZATION MUST MAINTAIN THIS TYPE OPERATION FOR A 40 YEAR PERIOD. 320469 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false X 4 4 false true false false false true true true true false false false true true true true true false false false X CHASITY BROWN 2516941999 PO BOX 160025 Mobile AL 36616 X JEFFREY REDMOND BOARD MEMBER 0.00 0.00 X 0 0 0 HAROLD KOONS VICE PRESIDENT 0.00 0.00 X 0 0 0 JASON PADGET TREASURER 0.00 0.00 X 0 0 0 HEATHER SINGLETON PRESIDENT 0.00 0.00 X X 0 0 0 0 0 0 0 false false false 19000 19000 RENTAL INCOME 532000 185439 185439 TENANT ASSITANCE-RENT 532000 73482 73482 SECURITY DEPOSIT FOREFI 532000 674 674 MISC 532000 1137 1137 LAUNDRY & VENDING 532000 70 70 260802 6 6 279808 260808 0 0 70232 70232 10740 10740 8182 8182 86468 86468 58033 49438 8595 43039 43039 FLOOR COVERING 14756 14756 HVAC REPLACEMENT 14794 14794 APPLAINCE 2463 2463 CONTRACT 11717 11717 8640 8640 329064 320469 8595 0 821 1165 14398 14429 20106 29541 28357 16867 2605426 1073222 1590237 1532204 73560 29499 1727479 1623705 88036 33967 477 14398 14429 102911 48396 X 1624568 1575309 1624568 1575309 1727479 1623705 X -49256 -3 X false false false X 235840 240620 231303 237372 279807 1224942 235840 240620 231303 237372 279807 1224942 1224942 164 104 18 24 6 316 1225258 0.99970 0.99960 X 59948 59948 2545478 1073222 1472256 1532204 RESERVE FOR REPLACEMENT 29499 29499 SECURITY 14429 14429 Management duties delegation Part VI line 3 THE ENITY HAS ENGAGED THE MANAGEMENT SERVICES OF CHASITY BROWN, LOCATED IN MOBILE, ALABAMA.THE COMPANY SERVES IN MAKING DAYTODAY MANAGEMENT DECISIONS WITH BOARD APPROVING ALL MAJORBUSINESS DECISIONS. Member election for additional members Part VI line 7a MEMBERS OF BOARD OF DIRECTORS ELECTED BY BAY MINETTE ROTARY CLUB WITH BOARD MEMBERS SERVING THREEYEAR TERMS Governing body decisions Part VI line 7b ALL MAJOR BUSINESS DECISIONS ARE MADE BY THE BOARD AND SO DOCUMENTED IN THE BOARD MINUTES. DAYTODAYOPERATING DECISIONS ARE MADE BY THE MANAGEMENT COMPANY FOR THE ENTITY. Form 990 governing body review Part VI line 11 NO REVIEW WAS OR WILL BE CONDUCTED Conflict of interest policy compliance Part VI line 12c THE CONFLICT OF INTEREST POLICY STATES THE PROCEDURES TO FOLLOW IF A VIOLATION OF THE POLICY IS DETECTED.THE BOARD MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. ANY CONFLICTS ANOTED ON THE FORM IS FOLLOWEDUP BY THE BOARD AND ADDRESSED IN ACCORDANCE WITH THE POLICY. Other officer or key employee compensation Part VI line 15b THE ENTITY DOES NOT HAVE EMPLOYEES. THE MANAGEMENT COMPANY SO PROVIDES ALL EMPLOYEES INCLUDINGMANAGEMENT AND MAINTENANCE. Governing documents etc available to public Part VI line 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. Explanation of other changes in net assets or fund balances Part XI line 9 Rounding estimates