2025-11-17T12:30:17-05:00 2025-06-30 621587083 ROWLAND & CARTER CPAS PLLC 7953 STAGE HILLS BLVD STE 110 MEMPHIS TN 381334010 990 2024-07-01 581838807 INDEPENDENT APARTMENTS INC INDE 9017591855 2171 JUDICIAL DRIVE SUITE 200 GERMANTOWN TN 38138 ANDREW FORSDICK CHAIRMAN 9017591855 2025-11-15 true true PATRICK H BLAIR P02038702 9014323000 2025-11-15 X 2024 2025-03-06 01:10:19Z ANDREW FORSDICK 355934 false X N/A X PROVIDE SUBSIDIZED HOUSING FOR THE MOBILITY IMPAIRED. 4 4 2 0 55962 25406 307271 327080 3340 3448 0 366573 355934 0 0 14132 14066 0 0 348046 345854 362178 359920 4395 -3986 633753 596885 1010254 977372 -376501 -380487 PROVIDE SUBSIDIZED HOUSING FOR THE MOBILITY IMPAIRED. false false 327222 327080 THE PURPOSE OF INDEPENDENT APARTMENTS IS TO OWN & OPERATE A 24 UNIT HOUSING PROJECT FOR THE MOBILITY IMPAIRED. THE PROJECT IS SUBJECT TO A HOUSING & URBAN DEVELOPMENT (HUD) REGULATORY AGREEMENT. 327222 true true false false false false false false false false true false false true true 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 true 0 0 2 true false false false false false false false false X 4 4 false true false false false false false true true false false false false false true false false false X TESCO PROPERTIES INC 9017591855 2171 JUDICIAL DRIVE SUITE 200 GERMANTOWN TN 38138 X ANDREW FORSDICK CHAIRMAN X X 0 0 0 RICHARD POWELL SECRETARY/TR X X 0 0 0 DAN DIERKES MEMBER X 0 0 0 JOHN HOMA MEMBER X 0 0 0 false false false 25406 25406 TENANT ASSISTANCE PAYMENTS 223516 223516 TENANT RENTS 98105 98105 LAUNDRY, VENDING, MISC. 5459 5459 327080 3448 3448 355934 327080 3448 10322 10322 2446 2446 1298 1298 15651 6260 9391 1692 1692 8378 8378 543 543 12694 12694 274937 274937 518 518 30153 30153 1288 1288 359920 327222 32698 0 49811 39057 25438 4419 32067 30609 1195224 989327 236050 205897 290387 316903 633753 596885 76369 61684 776 55 927534 909737 5575 5896 1010254 977372 X -376501 -380487 -376501 -380487 633753 596885 -3986 X false true X true true true X 192354 207366 204747 55962 25406 685835 192354 207366 204747 55962 25406 685835 685835 209 617 1909 3340 3448 9523 695358 1490797 0.98630 0.99280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46718 46718 1118258 959079 159179 30248 30248 205897 REPLACEMENT RESERVE 300956 ESCROW DEPOSITS 9410 TENANT SECURITY DEPOSITS 6430 OTHER RESERVES 87 RESIDUAL RECEIPTS 20 316903 TENANT SECURITY DEPOSITS 5896 5896 355934 355934 355934 359920 359920 359920 FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION DELEGATED DAY TO DAY PROPERTY MANAGEMENT RESPONSIBILITIES TO THE MANAGEMENT COMPANY, TESCO PROPERTIES, INC. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE GOVERNING BODY PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION HAS THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.