2024-11-15T16:46:06-06:00 2023-12-31 450443064 POINT CPA 4585 COLEMAN STREET BISMARCK ND 58503 990 2023-01-01 450448222 AFFORDABLE HOUSING DEVELOPERS INC AFFO 7014834432 PO BOX 1326 DICKINSON ND 58602 SCOTT BURLINGAME PRESIDENT 7014834432 2024-11-13 1 1 MICHAEL T SCHMITZ CPA P00207908 7012212655 2024-11-13 2023 2024-10-15 13:58:12Z SCOTT BURLINGAME PO BOX 1326 DICKINSON ND 58602 747763 0 X WWW.AHDI-ND.ORG X 1997 ND TO PROVIDE AND BE DEDICATED TO THE DEVELOPMENT, PRESERVATION AND MANAGEMENT OF DECENT, SAFE AND AFFORDABLE HOUSING FOR LOWER INCOME HOUSEHOLDS IN NORTH DAKOTA. 7 7 5 0 0 0 40299 38337 814861 709426 0 0 0 0 855160 747763 0 0 0 0 256977 267243 0 0 0 935865 914643 1192842 1181886 -337682 -434123 9804516 9433107 6628958 6707824 3175558 2725283 AFFORDABLE HOUSING DEVELOPERS IS DEDICATED TO THE DEVELOPMENT, PRESERVATION AND MANAGEMENT OF DECENT, SAFE AND AFFORDABLE HOUSING FOR LOWER INCOME HOUSEHOLDS IN NORTH DAKOTA. 0 0 AFFORDABLE HOUSING DEVELOPERS DEVELOPS MULTI-FAMILY HOUSING PROJECTS FOR LOW TO MODERATE INCOME HOUSEHOLDS THROUGHOUT NORTH DAKOTA BY UTILIZING FEDERAL, STATE AND LOCAL GRANT AND LOAN PROGRAMS DESIGNED TO PROMOTE HOUSING OPPORTUNITIES. AHDI MAY USE THESE FUNDS TO PURCHASE AND/OR REHABILITATE EXISTING AFFORDABLE HOUSING PROPERTIES AT RISK OF BEING LOST TO THE AFFORDABLE HOUSING INDUSTRY, OR BUILD NEW IN AREAS THAT ARE IN SHORT SUPPLY OF AFFORDABLE HOUSING. 632877 659709 AHDI OWNS 3 MULTI-FAMILY AFFORDABLE HOUSING PROPERTIES WITH 48 UNITS LOCATED IN WILLISTON, RUGBY, AND MANDAN, AHDI ALSO HAS OWNERSHIP IN 5 ADDITIONAL AFFORDABLE HOUSING PROPERTIES LOCATED IN HEBRON, NAPOLEON, ROLLA AND DICKINSON TOTALING 63 UNITS. 286748 48578 AHDI MANAGES AFFORDABLE MULTIFAMILY HOUSING PROGRAMS THAT UTILIZE A VARIETY OF SUBSIDY PROGRAMS INCLUDING RURAL DEVELOPMENT RENTAL ASSISTANCE, HUD HOME PROGRAM FUNDING AND NORTH DAKOTA HOUSING INCENTIVE FUNDS. THE 123 UNITS AHDI MANAGES ARE LOCATED ACROSS NORTH DAKOTA IN HEBRON, MANDAN, NAPOLEON, VELVA, ROLLA, RUGBY AND WILLISTON. 919625 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 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 1 1 1 0 0 0 1 1 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 ND X BRITTANY SHELDON 7014834432 30 7TH ST W DICKINSON ND 58601 SCOTT BURLINGAME PRESIDENT 0.50 0.10 X X 0 285 0 EMILY GRAN VICE-PRESIDENT 0.50 0.10 X X 0 190 0 FANCHON DUGARM SECRETARY/TREASURER 0.50 0.10 X X 0 380 0 CHRIS KELLER BOARD MEMBER 0.50 0.10 X 0 285 0 EMILY SCHROEDER BOARD MEMBER 0.50 0.10 X 0 190 0 CHERYL MERCK BOARD MEMBER 0.50 0.10 X 0 190 0 ANDREA DIEDE EXECUTIVE DIRECTOR 39.50 0.50 X 85439 0 0 85439 1520 0 0 0 0 0 0 38337 38337 PS RENTAL INCOME 531110 591770 591770 MISC. CUSTOMER CHARGES 531110 67939 67939 MANAGEMENT FEES 531310 48578 48578 INTEREST REVENUE 900099 1139 1139 709426 747763 708287 0 1139 85439 64079 21360 156780 121740 35040 5020 4379 641 1904 1450 454 18100 13785 4315 30900 30900 5261 5261 43951 43951 15920 15920 1576 1576 49487 38852 10635 518634 504359 14275 10231 10231 3250 3250 160519 156512 4007 MISCELLANEOUS 60445 60445 BAD DEBT 14469 14469 1181886 919625 262261 0 153891 92798 412204 468122 17183 12518 3553967 3351842 68379 86958 6011864 1070125 5072336 4941739 86665 83934 439891 395196 9804516 9433107 191188 323455 36375 40457 6401395 6343912 6628958 6707824 X 3113558 2663283 62000 62000 3175558 2725283 9804516 9433107 X -434123 -16152 X X 0 1 X 1 1 1 X 198530 538304 40299 38337 815470 198530 538304 40299 38337 815470 815470 815470 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 230198 230198 5781666 1070125 4711541 4941739 734044 2815 2815 731229 16534 16534 747763 1184318 2775 2775 1181543 343 343 1181886 PART IV, LINE 2B: PURSUANT TO CERTAIN LOAN AND GRANT AGREEMENTS, AHDI IS TO MAINTAIN SEPARATE TENANT SECURITY DEPOSIT ACCOUNTS ON VARIOUS PROPERTIES. THE ACCOUNTS MUST BE INSURED BY THE FDIC AND MUST MAINTAIN SUFFICIENT FUNDS IN THE ACCOUNT TO COVER THE SECURITY DEPOSITS COLLECTED FROM CURRENT TENANTS. AS OF DECEMBER 31, 2023 AND 2022, TENANT SECURITY DEPOSITS TOTALED $38,856 AND $37,740. PART XI, LINE 2D - OTHER ADJUSTMENTS: PS RENTAL INCOME 2,516. INTEREST SUBSIDY 299. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 14,550. MISC. CUSTOMER CHARGES 1,984. PART XII, LINE 2D - OTHER ADJUSTMENTS: MANAGEMENT AND GENERAL EXPENSES 2,775. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROGRAM SERVICES EXPENSES 343. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO ACTIVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 FOR ANY DISCREPANCIES OR CHANGES NECESSARY AND THEN FORWARDS TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL WITH ANY COMMENTS OR CHANGES PROPOSED. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND BOARD MEMBERS MUST DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST AND AT MEETINGS WHEN A CONFLICT OF INTEREST ARISES, THE BOARD MEMBER IS REQUIRED TO ABSTAIN FROM VOTING AND IF NECESSARY BE ASKED TO LEAVE THE MEETING DURING DISCUSSION OF THE TOPIC IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AFTER AN INDEPENDENT PERFORMANCE EVALUATION AND DISCUSSION WITHOUT INPUT FROM THE EXECUTIVE DIRECTOR OR OTHER STAFF. ECONOMICAL FACTORS AND THE ORGANIZATION'S BUDGET ARE TAKEN INTO CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TAX RECONCILIATION OF ELIMINATING JOURNAL ENTRIES VS CONSOLIDATED AUDIT -16,152. AHDI NORTHSIDE APARTMENTS LLC PO BOX 1326 DICKINSON ND 58602 853077147 HOUSING ND 38808 190612 AFFORDABLE HOUSING DEVELOPERS INC AHDI PRAIRIE APARTMENTS LLC PO BOX 1326 DICKINSON ND 58602 844858385 HOUSING ND 501(C)(3) LINE 10 AFFORDABLE HOUSING DEVELOPERS INC 1 AHDI JEWEL CITY 1 LLC PO BOX 1326 DICKINSON ND 58602 850713362 HOUSING ND 501(C)(3) LINE 10 AFFORDABLE HOUSING DEVELOPERS INC 1 AHDI JEWEL CITY 2 LLC PO BOX 1326 DICKINSON ND 58602 850726104 HOUSING ND 501(C)(3) LINE 10 AFFORDABLE HOUSING DEVELOPERS INC 1 DACOTAH RIDGE LLLP PO BOX 1326 DICKINSON ND 58602 813664181 LOW-INCOME HOUSING ND N/A 0 0 AHDI DACOTAH RIDGE LLC 112 3RD ST W STE 101 DICKINSON ND 58601 611803630 LOW-INCOME HOUSING ND AFFORDABLE HOUSING DEVELOPERS INC C -21 -257 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0