2025-09-05T09:34:50-05:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP 211 CONGRESS STREET SUITE 710 BOSTON MA 02110 990 2024-01-01 010328017 AUGUSTA REGIONAL CHURCH HOUSING CORP BETA AUGU 2076224908 21 GRAY BIRCH DRIVE 1 AUGUSTA ME 04330 MARY MOODY PRESIDENT 2076224908 2025-09-05 1 1 CHARLES A RHUDA III P00133647 6173301920 2024 2025-03-06 01:10:19Z MARY MOODY 10 LINCOLN STREET HALLOWELL ME 04347 1299214 0 X WWW.ARCHBETAAPTS.ORG X 1972 ME TO PROVIDE SAFE AND AFFORDABLE HOUSING TO ELIGIBLE INDIVIDUALS 4 4 0 0 0 0 0 0 1233674 1290596 3934 5893 4066 2725 1241674 1299214 0 0 0 0 276662 276799 0 0 0 979221 1028551 1255883 1305350 -14209 -6136 2364432 2290924 936692 869320 1427740 1421604 TO PROVIDE SAFE AND AFFORDABLE HOUSING TO ELIGIBLE INDIVIDUALS. 0 0 1294357 1293321 THE CORPORATION OWNS AND OPERATES 100 UNITS OF HOUSING FOR LOW-INCOME SENIORS, SUBSIDIZED BY SECTION 8 HOUSING ASSISTANCE PAYMENTS FROM THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) 1294357 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 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 X BARKAN MANAGEMENT COMPANY 6174825500 24 FARNSWORTH STREET BOSTON MA 02210 MARY MOODY PRESIDENT 1.00 X X 0 0 0 JEFFREY COURIER DIRECTOR 1.00 X 0 0 0 JOHN BOBROWIECKI DIRECTOR 1.00 X 0 0 0 MARIE BRONN DIRECTOR 1.00 X 0 0 0 MAUREEN AUCOIN DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE 531110 756554 756554 RENTAL INCOME 531110 534042 534042 1290596 5893 5893 LAUNDRY AND VENDING IN 531110 2725 2725 2725 1299214 1293321 0 5893 219345 219345 39525 39525 17929 17929 82712 82712 1058 1058 24304 13311 10993 752 752 20785 20785 44460 44460 131047 131047 39903 39903 REPAIRS AND MAINTENANCE 317810 317810 UTILITIES 196937 196937 TAXES & INSURANCE 100880 100880 ADMINISTRATIVE 67903 67903 1305350 1294357 10993 0 11380 9055 258784 319989 24094 26631 13074 14285 6370892 4498801 2003138 1872091 11463 10354 42499 38519 2364432 2290924 76701 76000 820304 752396 39687 40924 936692 869320 X 1427740 1421604 1427740 1421604 2364432 2290924 -6136 0 X 0 1 X 0 1 1 75000 75000 6243849 4446758 1797091 52043 52043 0 1872091 TENANT SECURITY DEPOSITS 40924 40924 X 1299214 0 1299214 0 1299214 1305350 0 1305350 0 1305350 PART X, LINE 2: THE CORPORATION IS RECOGNIZED UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION WHICH IS EXEMPT FROM INCOME TAXES. THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE CORPORATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE CORPORATION. THE CORPORATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE CORPORATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CORPORATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE CORPORATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATET TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 ORGANIZATION HAS HIRED BARKAN MANAGEMENT COMPANY TO MANAGE ALL FUNCTIONS OF THE ORGANIZATION. MANAGEMENT COMPANY MEETS WITH THE BOARD ON A MONTHLY BASIS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12 ALL EMPLOYEES OF BARKAN SIGN A CONFLICT OF INTEREST POLICY STATING THAT THEY WILL REPORT ANY CONFLICTS OF INTEREST TO THEIR SUPERVISORS. FORM 990, PART VI, SECTION B, LINE 15 KEY EMPLOYEES ARE REVIEWED ANNUALLY AND COMPENSATION ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION KEEPS A COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AT THE MAIN OFFICE FOR PUBLIC AVAILABILITY.