2021-11-11T08:20:45-06:00 2020-12-31 381977929 ANDERSONTACKMAN & COMPANY PLC 16978 S RILEY AVE KINCHELOE MI 49788 990 2020-01-01 383395829 NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION NORT 2315826244 PO BOX 86 1048 E MAIN STREET BOYNE CITY MI 49712 JANE MACKENZIE EXECUTIVE DIRECTOR 2315826244 2021-11-02 true JANE MACKENZIE 999009999 AMBER MACK CPA P00685631 9064955952 2021-11-11 2020 2022-09-23 18:48:47Z JANE MACKENZIE 847 W DIVISION STREET BOYNE CITY MI 49712 905904 false X WWW.NORTHERNHOMES.ORG X 1998 MI CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA. 8 8 6 0 665398 443971 359373 461931 -83913 2 0 940858 905904 0 0 254637 233031 0 0 347436 400708 602073 633739 338785 272165 3109113 3044401 1490648 1614465 1618465 1429936 CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA. false false 53161 DEVELOPMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING OPPORTUNITIES. 303058 MANAGEMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING PROJECTS. 42012 HOMEBUYER EDUCATION AND FINANCIAL COUNSELING. 398231 true false false false false false false false false false true false false true true false 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 true 11 0 6 true false false false false false false false false X 8 8 false true false false false false false true true false false true true true true false true true true false MI X JANE MACKENZIE 2315826496 1048 E MAIN ST BOYNE CITY MI 49712 JANE MACKENZIE EXECUTIVE DI 40.00 X 63300 0 0 RICK ANDERSON PRESIDENT 1.00 X 0 0 0 SUE CLEARY SECRETARY 1.00 X 0 0 0 SHANNON FENDER TREASURER 1.00 X 0 0 0 LAURIE JAMISON DIRECTOR 1.00 X 0 0 0 TOM JOHNSON DIRECTOR 1.00 X 0 0 0 CAROLINE KENNEDY DIRECTOR 1.00 X 0 0 0 MEL MATCHETT DIRECTOR 1.00 X 0 0 0 DAVID WHITE VICE-PRESIDE 1.00 X 0 0 0 63300 false false false 427971 16000 443971 RENTAL INCOME 561499 282627 282627 SITE MANAGEMENT FEES 532000 162778 162778 LOAN PROCESSING/OTHER 531310 10487 10487 GROUND LEASE INCOME 532000 6039 6039 461931 2 2 905904 10489 451444 63300 39528 23772 111249 111249 44397 42097 2300 14085 14085 220 220 21396 21396 3022 2974 48 3833 2861 972 643 643 100014 87210 12804 2951 1895 1056 2528 224 2304 22047 9092 12955 61294 17647 43647 ADMINISTRATIVE EXPENSES 98694 98694 OPERATING AND MAINTENANCE 57082 57082 MISC 12393 11431 962 BAD DEBTS 9579 9579 5012 856 4156 633739 398231 235508 0 7208 68659 77945 72062 34984 22729 59500 82200 19900 13091 11966 2824452 349574 2300932 2474878 186151 8679 338116 374514 3109113 3044401 110889 209798 2323 2931 1139170 1217767 238266 183969 1490648 1614465 X 3696 630001 1614769 799935 1618465 1429936 3109113 3044401 X 272165 -377726 -82968 X false true X true false X 607961 142130 140867 665398 443971 2000327 607961 142130 140867 665398 443971 2000327 2000327 211321 221638 255945 303607 282627 1275138 113997 109899 148420 55221 451444 878981 4154446 28384 0.48150 0.55560 X PART II, LINE 10 OTHER INCOME 427,537 424714 424714 2301322 298212 2003110 98416 51362 47054 2474878 CONSTRUCTION IN PROGRESS 274114 RESERVE FOR REPLACEMENT 72738 TENANT SECURITY DEPOSITS 16582 RESERVE FOR TAXES & INS. 8686 OPERATING RESERVE 2000 RESERVE FOR CONSTRUCTION 394 374514 LINES OF CREDIT 95006 MSHDA REPAYABLE LAND ACQUISITION GRA 65915 SECURITY DEPOSITS 16582 COMPENSATED ABSENCES 6466 183969 906767 863 863 905904 905904 717570 83831 83831 633739 633739 SCHEDULE D, PAGE 4, PART XI, LINE 2D IMPUTED INTERES 863 SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSS ON SALE OF ASSETS 83,831 FORM 990, PAGE 6, PART VI, LINE 3 THERE IS A MANAGEMENT AGREEMENT WITH KMG PRESTIGE, INC. TO MANAGE THE COBBLE CREEK I APARTMENTS AS AN AGENT OF NORTHERN HOMES CDC. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A COPY PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICTS OF INTEREST ARE DISCUSSED AT ANNUAL MEETING AND AS NEW CONTRACTS ARE APPROVED. FORM 990, PAGE 6, PART VI, LINE 15A ANNUAL PERFORMANCE REVIEW IS PERFORMED FOR THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED ON AND AUTHORIZED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B PERFORMANCE REVIEWS ARE PERFORMED ANNUALLY BY THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED UPON BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 IMPUTED INTERES 863 LOSS ON SALE OF ASSETS -83,831 TOTAL -82,968