2025-06-09T23:49:09-05:00 2024-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-01-01 270753334 WESLEY HEIGHTS OF TAYLORSVILLE INC WESL 9803214738 4600 PARK ROAD SUITE 390 CHARLOTTE NC 28209 WILLIAM BOLSTAD PRESIDENT 9803214738 2025-05-14 1 0 CASEY H PATTERSON P01281279 3362944494 2025-05-14 2024 2025-03-06 01:10:19Z WILLIAM BOLSTAD 4600 PARK ROAD SUITE 390 CHARLOTTE NC 28209 35106 0 X N/A X 2009 NC PROVIDE HOUSING TO SPECIAL NEEDS AND ELDERLY INDIVIDUALS SUBJECT TO NCHFA REGULATIONS GOVERNING RENTAL CHARGES AND OPERATING METHODS. 3 3 0 3 0 0 0 0 39313 34499 38 607 0 0 39351 35106 0 0 0 0 0 0 0 0 0 69401 50200 69401 50200 -30050 -15094 554580 538857 784592 783963 -230012 -245106 PROVIDE SUBSIDIZED HOUSING FOR SPECIAL NEEDS AND ELDERLY INDIVIDUALS SUBJECT TO NCHFA REGULATIONS GOVERNING RENTAL CHARGES AND OPERATING METHODS. 0 0 47924 35106 PROVIDE SUBSIDIZED HOUSING FOR SPECIAL NEEDS AND ELDERLY RESIDENTS THROUGH AN APARTMENT COMPLEX OF 6 UNITS. 47924 1 0 0 0 0 0 0 0 0 0 1 0 0 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 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X RESIDENTIAL PROPERTY MGMT 3367241000 1105 BROOKSTOWN AVE WINSTONSALEM NC 27101 X WILLIAM BOLSTAD PRESIDENT 1.00 X X 0 0 0 JOEL GILLAND VICE PRESIDENT 1.00 X X 0 0 0 LISA LEMOS SECRETARY/TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 TENANT RENTAL PAYMENTS 531110 34499 34499 34499 607 607 35106 34499 0 607 3240 3240 55 55 1724 1724 141 141 5731 5731 20834 20834 4485 4485 GROUNDS CONTRACT 6420 6420 REPAIRS AND MAINTENANCE 4253 4253 MANAGER SALARY REIMBURS 1788 1788 TELEPHONE EXPENSE 720 720 809 257 552 50200 47924 2276 0 10765 11649 38595 42078 310 377 1676 2353 735361 252961 503234 482400 554580 538857 3188 2559 678500 678500 102904 102904 784592 783963 X -230012 -245106 -230012 -245106 554580 538857 -15094 0 X 0 1 X 1 0 X 37054 33712 33913 39313 34499 178491 37054 33712 33913 39313 34499 178491 0 0 0 178491 5 4 5 38 607 659 5 4 5 38 607 659 37059 33716 33918 39351 35106 179150 0.99630 0.99970 0.00370 0.00030 X 54000 54000 488593 164900 323693 20393 20393 0 172375 67668 104707 482400 TENANT SECURITY DEPOSITS 1504 ADVANCES - AFFILIATES 101400 102904 X 35106 0 35106 0 35106 50200 0 50200 0 50200 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A 'MORE-LIKELY-THAN-NOT' THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024 AND 2023. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS HAS DELEGATED THE MANAGEMENT OF THE RENTAL APARTMENTS TO RPM, INC. THE AFFORDABLE HOUSING APARTMENT COMPLEX IS REGULATED BY THE NORTH CAROLINA HOUSING FINANCE AGENCY AS TO RENT CHARGES AND OPERATING METHODS. THE MANAGEMENT COMPANY WAS CHOSEN DUE TO ITS EXPERIENCE IN MANAGEMENT UNDER THESE GUIDELINES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD IS ASKED TO REVIEW FORM 990 AND COMMUNICATE ANY CONCERNS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC AT BOTH THE APARTMENT COMPLEX OFFICE AND THE OFFICE OF THE MANAGEMENT COMPANY. MOSAIC DEVELOPMENT GROUP 4600 PARK ROAD SUITE 390 CHARLOTTE NC 28209 560883684 PROVIDE HOUSING AND ECONOMIC DEVELOPMENT NC 501(C)(3) LINE 7 0 WESLEY COMMUNITY DEVELOPMENT CORPORATION 13816 PROFESSIONAL CENTER DR SUITE HUNTERSVILLE NC 28078 943427437 PROVIDE HOUSING TO LOW-INCOME INDIVIDUALS NC 501(C)(3) LINE 7 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MOSAIC DEVELOPMENT GROUP E 50700 CASH WESLEY COMMUNITY DEVELOPMENT CORPORATION E 50700 CASH