2023-12-15T08:12:39-06:00 2023-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 136 FURMAN RD SUITE 4 BOONE NC 28607 990 2022-07-01 562161660 APPALACHIAN STUDENT HOUSING CORPORATION APPA 8282622060 289 AMBLING WAY BOONE NC 28607 JAMES J BROWN PRESIDENT 8282622060 2023-12-04 1 JAMES BROWN 999009999 0 TARA FENNER P02099785 8282643595 2023-12-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMES J BROWN 289 AMBLING WAY BOONE NC 28607 8874452 0 X N/A X 1999 NC PROVIDE AND SUPERVISE RESIDENTIAL HOUSING FACILITIES FOR A PORTION OF UNIVERSITY STUDENTS AND EMPLOYEES OF APPALACHIAN STATE UNIVERSITY IN BOONE, NORTH CAROLINA. 5 5 23 0 0 0 0 0 6434597 8652961 22087 181138 0 0 6456684 8834099 1394911 2000000 0 0 397319 411285 0 0 0 4007705 8029292 5799935 10440577 656749 -1606478 99024525 93486656 75516288 71490191 23508237 21996465 PROVIDE AND SUPERVISE RESIDENTIAL HOUSING FACILITIES FOR A PORTION OF UNIVERSITY STUDENTS AND EMPLOYEES OF APPALACHIAN STATE UNIVERSITY IN BOONE, NORTH CAROLINA. 0 0 10291467 2000000 8652961 PROVIDED AND SUPERVISED RESIDENTIAL HOUSING FACILITIES TO A PORTION OF UNIVERSITY STUDENTS AND EMPLOYEES OF APPLACHIAN STATE UNIVERSITY IN BOONE, NORTH CAROLINA. 10291467 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 5 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X ROBERT FEID 8282622060 289 AMBLING WAY BOONE NC 28607 X JAMES J BROWN PRESIDENT 1.00 X X 0 0 0 DAVID T JAMISON DIRECTOR 1.00 X 0 0 0 MATTHEW C DULL SECRETARY 7.00 X X 0 0 0 SCOTT K LAMPE DIRECTOR 1.00 X 0 0 0 JAMES M BARNES DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 DATA NETWORK SOLUTIONS INC 629 LAKE TIDE DRIVE CHAPIN SC 29036 IT SERVICES 470877 RWM CONSTRUCTION & RESTORATION SERVICES PO BOX 3755 BOONE NC 28607 PAINTING AND RENOVATION 311464 REDI CARPET OF NC LLC PO BOX 971442 DALLAS TX 75397 FLOORING MATERIAL/INSTALL 143183 STUDENT HOUSING SERVICES LLC 4030 WAKE FOREST RD STE 349 RALEIGH NC 27609 MANAGEMENT AND IT SERVICES 107072 4 RENTS 721310 8572521 8572521 FEES & FINES 721310 80440 80440 8652961 221491 221491 40353 -40353 -40353 -40353 8834099 8652961 0 181138 2000000 2000000 333766 267013 66753 51860 41488 10372 25659 20527 5132 1463 1463 20750 20750 4217 4217 1137964 1137964 1501588 1501588 2174860 2174860 288906 285189 3717 RENOVATIONS 2423565 2423565 TURNOVER 256477 256477 PURCHASED SERVICES 123422 87302 36120 OTHER EXPENSES 96080 91277 4803 10440577 10291467 149110 0 2769533 2551989 3005946 3086748 2227 1644 142918 168932 99440376 14281481 74722300 85158895 18381601 2518448 99024525 93486656 2433733 277951 56085 40745 72800000 70950000 226470 221495 75516288 71490191 X 23508237 21996465 99024525 93486656 -1606478 94706 0 X 0 1 X 1 0 X X 1 APPALACHIAN STATE UNIVERSITY 561176030 2 1 2000000 0 1 2000000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3 APPALACHIAN STUDENT HOUSING CORPORATION'S (ASHC) ORGANIZATIONAL DOCUMENTS REQUIRE THAT ITS BOARD MEMBERS BE APPROVED BY A COMMITTEE OF THE BOARD OF TRUSTEES OF THE SUPPORTED ORGANIZATION, APPALACHIAN STATE UNIVERSITY (ASU). THEREFORE, THE SUPPORTED ORGANIZATION IS CONSIDERED TO HAVE CONTROL AND A SIGNIFICANT VOICE IN DIRECTING THE INVESTMENTS POLICIES AND USES OF ASHC'S INCOME AND ASSETS AT ALL TIMES. PART IV, SECTION E, LINE 2A APPALACHIAN STATE UNIVERSITY HOUSING CORPORATION'S (ASHC) ONLY SUPPORTING ORGANIZATION IS APPALACHIAN STATE UNIVERSITY (ASU). THE PURPOSE OF ASHC, AS STATED IN ITS ARTICLES OF INCORPORATION, IS "TO DEVELOP, FINANCE, PROVIDE, AND SUPERVISE RESIDENTIAL HOUSING FACILITIES FOR THE STUDENTS AND FACULTY OF APPALACHIAN STATE UNIVERSITY." ASHC OWNS AND OPERATES CERTAIN ASU STUDENT AND FACULTY HOUSING FACILITIES. THE PROVISION OF THIS HOUSING IS ASHC'S ONLY ACTIVITY AND DIRECTLY SUPPORTS AND FURTHERS ASU'S EXEMPT PURPOSE. PART IV, SECTION E, LINE 2B APPALACHIAN STATE HOUSING CORPORATION'S (ASHC) ONLY SUPPORTED ORGANIZATION IS APPALACHIAN STATE UNIVERSITY (ASU). AN INTEGRAL ACTIVITY OF A UNIVERSITY IS THE PROVISION OF HOUSING FOR ITS STUDENTS. ASHC OWNS AND OPERATES CERTAIN ASU STUDENT AND FACULTY HOUSING FACILITIES. IN THE ABSENCE OF ASHC, ASU WOULD BE REQUIRED TO PROVIDE ALTERNATE HOUSING FOR ITS STUDENTS AND FACULTY MEMBERS. 6190966 6190966 83203366 12449024 70754342 8170016 541108 7628908 1868085 1286253 581832 7943 5096 2847 85158895 TENANT SECURITY DEPOSITS HELD IN TRUST 221495 221495 X 8973253 139154 139154 8834099 0 8834099 10485025 44448 44448 10440577 0 10440577 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM INCOME TAX ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE FISCAL YEAR ENDED JUNE 30, 2023, MANAGEMENT EVALUATED THE TAX POSITIONS AND CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. 1 APPALACHIAN STATE UNIVERSITY FINANCIAL SERVICES PO BOX 321 BOONE NC 28608 561176030 501(C)(3) 2000000 0 SUPPORT PAYMENTS STUDENT HOUSING SERVICES LLC BUSINESS IS OWNED BY A FORMER EMPLOYEE OF THE ORGANIZATION 107072 MANAGEMENT AND IT SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT AND IT SERVICES ARE CONTRACTED OUT TO STUDENT HOUSING SERVICES, LLC. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT COMPANY REVIEWS THE 990 AND REPORTS TO OFFICERS PRIOR TO FILING OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MUST APPROVE ANY BUSINESS FINANCIAL TRANSACTION WITH ANY OFFICER OR EMPLOYEE PRIOR TO THE TRANSACTION TAKING PLACE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE CORPORATION'S BUSINESS OFFICE. APPALACHIAN TRANSFORMATION LLC 438 ACADEMY STREET BOONE NC 28608 854148400 DEVELOPMENT AND CONSTRUCTION OF CAMPUS RESIDENCE FACILITIES NC 3632466 69951593 APPALACHIAN STUDENT HOUSING CORPORATION APPALACHIAN STATE UNIVERSITY FINANCIAL SERVICES PO BOX 32125 BOONE NC 28608 561176030 PUBLIC UNIVERSITY NC 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 APPALACHIAN STATE UNIVERSITY B 2000000 APPALACHIAN STATE UNIVERSITY M 139154