2024-09-13T15:32:39-05:00 2023-12-31 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2023-01-01 581899845 3KEYS INC 3KEY 4043254572 2198 DRESDEN DRIVE CHAMBLEE GA 30341 SCOTT WALKER CEO 4043254572 2024-09-13 1 1 MARY JO ALEXANDER P00002534 7709558600 2024-09-13 2023 2024-08-08 14:25:15Z DAVID LAMBRECHT 2198 DRESDEN DRIVE CHAMBLEE GA 30341 2797026 0 X WWW.THE3KEYS.ORG X 1987 GA THE MISSION OF 3KEYS IS TO DEVELOP AND MANAGE AFFORDABLE PERMANENT HOUSING WITH ON-SITE SUPPORTIVE SERVICES FOR ADULTS FACING THE CHALLENGES OF MENTAL ILLNESS AND HOMELESSNESS. 14 14 46 20 0 0 2281846 1765716 970810 1022346 0 -3994 8817 521 3261473 2784589 0 0 0 0 1011280 1106422 0 0 69538 2064146 2225253 3075426 3331675 186047 -547086 13817354 13329326 11689318 11750763 2128036 1578563 X THE MISSION OF 3KEYS IS TO DEVELOP AND MANAGE AFFORDABLE PERMANENT HOUSING WITH ON-SITE SUPPORTIVE SERVICES FOR ADULTS FACING THE CHALLENGES OF MENTAL ILLNESS AND HOMELESSNESS. 0 0 2842741 1022346 SEE SCHEDULE O FOR COMPLETE DESCRIPTION.3KEYS WAS INCORPORATED ON DECEMBER 31, 1987 UNDER THE LAWS OF THE STATE OF GEORGIA AS A NOT-FOR-PROFIT ORGANIZATION FOR THE PURPOSE OF DEVELOPING AND SPONSORING AFFORDABLE HOUSING FOR THE MENTALLY ILL WHO ARE HOMELESS OR IN DANGER OF BECOMING HOMELESS. 3KEYS IS SUPPORTED PRIMARILY BY GRANTS FROM GOVERNMENTAL AGENCIES, AS WELL AS CONTRIBUTIONS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS.3KEYS HAS SPONSORED THREE PROJECTS. THE PROGRAM ACTIVITIES FOR THESE PROJECTS ARE CARRIED OUT BY SEPARATE SINGLE-MEMBER LLC'S OF WHICH 3KEYS IS THE SOLE MEMBER. THE COMPONENTS WERE EACH FORMED FOR THE PURPOSE OF OPERATING AND MANAGING A LOW-INCOME HOUSING PROJECT.THE CAPACITY OF EACH PROJECT IS AS FOLLOWS:ROSALYNN APARTMENTS 56 APARTMENTS; 56 RESIDENTSPRESLEY WOODS 40 UNITS; 40 RESIDENTSO'HERN HOUSE 76 UNITS; 76 RESIDENTS 3KEYS ALSO SPONSORS PROGRESSIVE WELCOME HOUSE SRO, LP. THE ENTITY IS FORMED AS A GEORGIA LIMITED PARTNERSHIP FOR THE PURPOSE OF ACQUIRING, OWNING, OPERATING, AND MANAGING A LOW-INCOME HOUSING PROJECT. 3KEYS IS THE GENERAL PARTNER AND OWNS 1.01% OF THE PROJECT. 2842741 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 65 0 1 46 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 1 1 1 0 1 1 GA X THE ORGANIZATION 4043254572 2198 DRESDEN DRIVE CHAMBLEE GA 30341 DAVID LAMBRECHT CHAIR 1.00 X X 0 0 0 BILL MCDONALD VICE CHAIR 0.50 X X 0 0 0 CATHY RAMBACH SECRETARY 0.50 X X 0 0 0 LINDA BOOKER TREASURER 1.00 X X 0 0 0 PAT GARDNER MEMBER 0.10 X 0 0 0 ELLEN ALSOBROOK ROBERTS MEMBER 0.10 X 0 0 0 AMY MILLS MEMBER 0.10 X 0 0 0 GABRIELE LOCKRIDGE MEMBER 0.10 X 0 0 0 STAN JONES MEMBER 0.10 X 0 0 0 JEROLYN WEBB FERRARI MEMBER 0.10 X 0 0 0 MICHAEL SHELNUTT MEMBER 0.10 X 0 0 0 MELANIE LESTRAPES MEMBER 0.10 X 0 0 0 BONA ALLEN MEMBER 0.10 X 0 0 0 SARA BANGS MEMBER 0.10 X 0 0 0 SCOTT WALKER CEO 40.00 X 151777 0 8098 151777 0 8098 1 0 1 0 GIBRALTAR CONSTRUCTION 42 HUDSON STREET SUITE 107 ANNAPOLIS MD 21401 CONSTRUCTION/RENOVATION SERVICES 435068 BLACKSTONE SECURITY LLC PO BOX 362109 DECATUR GA 30036 SECURITY SERVICES 154425 OVERBROOK SECURITY PO BOX 1322 SYLACAUGA AL 35150 SECURITY SERVICES 122160 GEORGIA WORKS 275 PRYOR STREET SW ATLANTA GA 30303 CONTRACT LABOR 121286 YOUR PART TIME CONTROLLER LLC 1500 WALNUT STREET SUITE 1200 PHILDELPHIA PA 19102 ACCOUNTING SERVICES 111008 5 11696 1705699 48321 1765716 OTHER PROGRAM FINANCIN 531110 477228 477228 RENTAL INCOME 531110 461644 461644 MANAGEMENT FEES 531310 83474 83474 1022346 3994 -3994 -3994 -3994 2924 11696 8443 -5519 -5519 REFUNDS 531110 6040 6040 6040 2784589 1022346 0 -3473 159875 122894 28481 8500 776463 596859 138323 41281 70570 54246 12572 3752 99514 76495 17728 5291 6926 6926 136698 136698 123420 65284 53136 5000 99986 96633 3090 263 3449 2894 555 386805 382795 4010 6373 5347 1026 15244 5009 10235 36432 33186 2597 649 426824 426824 83767 80106 2989 672 BAD DEBT EXPENSE 425990 425990 HOUSING PROJECT EXPENSE 359805 359805 MAINTENANCE & REPAIRS 96377 96377 EQUPIMENT RENTAL 11504 11504 5653 493 1030 4130 3331675 2842741 419396 69538 428325 513509 332131 488501 409421 10368 7552 16767866 7568926 9543968 9198940 -20561 -22948 3366753 2890721 13817354 13329326 332356 387966 11356962 11362797 11689318 11750763 X 2128036 1578563 2128036 1578563 13817354 13329326 X -547086 -2387 X X 0 1 X 1 0 X 1586031 1728169 1953779 2281846 1765716 9315541 1586031 1728169 1953779 2281846 1765716 9315541 9315541 3697 5291 15522 9756 6040 40306 9355847 4134054 0.99570 0.99080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS - 2022 AMOUNT: $ 9,756. 2023 AMOUNT: $ 6,040. OTHER REVENUE - 2019 AMOUNT: $ 2,784. 2020 AMOUNT: $ 5,291. 2021 AMOUNT: $ 15,522. LAUNDRY REVENUE - 2019 AMOUNT: $ 913. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 487775 487775 15415151 6954879 8460272 864940 614047 250893 9198940 FUNDED RESERVES 609443 DUE FROM AFFILIATE - PHOENIX NIMBUS A/R 2077695 ADVANCES TO AFFILIATES 199833 DEPOSITS 3750 2890721 X PART X, LINE 2: MANAGEMENT EVALUATED THE 3KEYS'S TAX POSITIONS AND CONCLUDED THAT THE 3KEYS HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. X X 0 0 0 0 0 0 0 0 0 SCOTT WALKER CEO 151777 0 0 0 0 0 0 0 8098 0 159875 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS DISTRIBUTED BY THE PRESIDENT AND CEO TO THE BOARD OF DIRECTORS VIA EMAIL, WITH A CALL FOR COMMENTS/QUESTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR POSITION IS THE ONLY PAID OFFICER OR BOARD POSITION. COMPENSATION IS BASED ON HOURS WORKED AND SURVEYS OF SIMILAR POSITIONS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 CONTRACTS WITH SHELTER+CARE AND HUD SECTION 8 ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN NON-CONTROLLING INTEREST IN WELCOME HOUSE -2,387. FORM 990 PART XII, LINE 2C THE SELECTION OF AUDITOR PROCESS AND OVERSIGHT OF FINANCIALS HAS NOT CHANGED THIS YEAR. FORM 990, PART XI, LINE 9 THE ORGANIZATION IS REPORTING AN ADJUSTMENT TO NET ASSETS IN THE AMOUNT OF $2,387 TO ACCOUNT FOR ACTIVITY REPORTED THROUGH ITS INVESTMENT IN A NON-CONTROLLING INTEREST FOR THE YEAR ENDED DECEMBER 31, 2023. HOUSING FIRST O'HERN HOUSE LLC 19 WM HOLMES BORDERS DR NE ATLANTA GA 30303 800822712 LOW INCOME HOUSING GA 560039 4155776 3KEYS INC HOUSING FIRST PRESLEY WOODS LLC 265 KIRKWOOD RD NE ATLANTA GA 30317 582179932 LOW INCOME HOUSING GA 400347 902158 3KEYS INC HOUSING FIRST ROSALYNN APARTMENTS LLC 2198 DRESDEN DR CHAMBLEE GA 30341 582323682 LOW INCOME HOUSING GA 624944 5177221 3KEYS INC HOUSING FIRST PHOENIX HOUSE LLC 2198 DRESDEN DR CHAMBLEE GA 30341 LOW INCOME HOUSING GA 0 0 3KEYS INC HOUSING FIRST LLC 2198 DRESDEN DR CHAMBLEE GA 30341 464828735 LOW INCOME HOUSING GA 14969 49670 3KEYS INC