2026-03-16T08:30:09-05:00 2025-01-31 640809101 HARPER RAINS KNIGHT & COMPANY PA 1052 HIGHLAND COLONY PKWY STE 100 RIDGELAND MS 39157 990 2024-02-01 640631190 THE KINGS' DAUGHTERS ELDERLY HOUSING KING 6017148345 18 OAKVIEW ROAD BROOKHAVEN MS 39601 NORMA HAMILL PRESIDENT 6017148345 2026-03-16 1 0 JOEY FLETCHER CPA P02465065 6016050722 2026-03-16 2024 2025-03-06 01:10:19Z NORMA HAMILL 18 OAKVIEW ROAD BROOKHAVEN MS 39601 615251 0 X N/A X 1979 MS TO PROVIDE LOW INCOME HOUSING UNDER THE PROVISIONS OF SECTION 202 OF THE NATIONAL HOUSING ACT, WITH MORTGAGE FINANCING PROVIDED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). 6 6 3 0 0 0 0 0 598214 613455 61 51 722 1745 598997 615251 0 0 0 0 192861 193163 0 0 0 270781 366239 463642 559402 135355 55849 821517 3247937 71785 2444687 749732 803250 TO PROVIDE LOW INCOME HOUSING FOR ELDERLY AND HANDICAPPED PERSONS 0 0 469445 615200 RENTAL OF LOW INCOME HOUSING PROVIDED FOR ELDERLY AND HANDICAPPED PERSONS 469445 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 0 1 0 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X X INVENTIVE PROPERTY MANAGEMENT LLC 6017148345 381 EDGEWOOD TERRACE DRIVE JACKSON MS 39206 X SYLVIA CAMPBELL CHAIRMAN 2.00 X X 0 0 0 JOYCE BEDSOLE VICE-CHAIRMAN 2.00 X X 0 0 0 JUDY YARBROUGH BOARD MEMBER 2.00 X 0 0 0 RENEE HUTSON BOARD MEMBER 2.00 X 0 0 0 PATSY WARREN BOARD MEMBER 2.00 X 0 0 0 MARY ANNE SMITH BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 RENT REVENUE - GROSS P 531110 613455 613455 613455 51 51 MISCELLANEOUS INCOME 900099 1314 1314 LAUNDRY AND VENDING 812300 431 431 1745 615251 615200 0 51 64680 64680 86470 86470 30145 30145 11868 11868 47285 47285 8400 8400 23856 23856 3485 3485 42449 41236 1213 67141 65863 1278 48331 46382 1949 87193 84702 2491 REPAIR & MAINTENANCE 19934 19934 SUPPLIES 14857 14857 OTHER MISCELLANEOUS 3308 3308 559402 469445 89957 0 69825 1 5805 5639 47946 2889707 1815974 492713 1073733 253174 2120618 821517 3247937 32040 182068 301 482 2223016 39444 39121 71785 2444687 X 749732 803250 749732 803250 821517 3247937 55849 -2331 0 X X 0 1 X 1 1 1 X 75000 75000 547520 563392 568727 598214 615200 2893053 547520 638392 568727 598214 615200 2968053 0 0 0 2968053 78 55 51 61 51 296 78 55 51 61 51 296 1276 2090 4535 722 8623 548874 640537 573313 598997 615251 2976972 0.99700 0.99240 0.00010 0.00010 X 238247 238247 1927365 1098919 828446 724095 717055 7040 1073733 ESCROW DEPOSITS 121779 TENANT SECURITY DEPOSITS 17351 REPLACEMENT RESERVE 1981488 2120618 TENANT SECURITY DEPOSITS-LBLTY 17121 OTHER LIABILITIES 22000 39121 X 615251 0 615251 0 615251 559402 0 559402 0 559402 PART X, LINE 2: THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED RELATED TO THE CURRENT YEAR AND THE PROJECT HAS NO UNRECOGNIZED TAX BENEFITS AT JANUARY 31, 2025 FOR WHICH LIABILITIES HAVE BEEN ESTABLISHED. THE PROJECT RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. THE TAX YEARS THAT REMAIN OPEN FOR FEDERAL INCOME TAX JURISDICTIONS ARE 2022 AND FORWARD. FORM 990, PART VI, SECTION A, LINE 3 WITH APPROVAL FROM HUD, THE PROJECT HAS A PROPERTY MANAGEMENT CONTRACT WITH INVENTIVE PROPERTY MANAGEMENT, LLC (THE "AGENT"). THE CONTRACT BECAME EFFECTIVE DECEMBER 1, 2016 AND SELF-RENEWS. UNDER THE CONTRACT, THE AGENT HAS AGREED TO RENT, OPERATE AND MAINTAIN THE PROJECT ON BEHALF OF THE PROJECT. AS CONSIDERATION FOR ITS SERVICES, THE AGENT IS PAID A FEE OF 7.75 PERCENT OF RESIDENTIAL, COMMERCIAL AND MISCELLANEOUS INCOME COLLECTED ON BEHALF OF THE PROJECT. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY OF THE KINGS' DAUGHTERS ELDERLY HOUSING CORPORATION REVIEWS AND SIGNS FORM 990 BEFORE RELEASING THE RETURN TO THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR 990 AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH OTHER PUBLIC OUTLETS SUCH AS GUIDESTAR.ORG. PART XI, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.