2020-11-17T12:25:41-06:00 2019-12-31 381977929 ANDERSONTACKMAN & COMPANY PLC 16978 S RILEY AVE KINCHELOE MI 49788 990 2019-01-01 383395829 NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION NORT 2315826244 PO BOX 86 1048 E MAIN STREET BOYNE CITY MI 49712 JANE MACKENZIE EXECUTIVE DIRECTOR 2315826244 2020-10-13 true AMBER MACK CPA P00685631 9064955952 2020-11-17 71.81.110.6 2020-11-17 12:25:41 CS P 7E2328AD9949D3BFCD79648D3C0A5921CDC7F91E B51C128F5BEBBD63D7CCA178CA497E93247849D9 2019 2021-01-29 14:40:06Z JANE MACKENZIE 847 W DIVISION STREET BOYNE CITY MI 49712 1129999 false X WWW.NORTHERNHOMES.ORG X 1998 MI CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA. 8 8 4 0 140867 665398 409711 359373 123 -83913 0 550701 940858 0 0 237831 254637 0 0 269934 347436 507765 602073 42936 338785 2365042 3109113 1204701 1490648 1160341 1618465 CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA. false false 110420 DEVELOPMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING OPPORTUNITIES. 362124 MANAGEMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING PROJECTS. 41789 HOMEBUYER EDUCATION AND FINANCIAL COUNSELING. 514333 true false false false false false false false false false true true 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 13 0 4 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 59154 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 59154 false false false 647719 17679 665398 RENTS/OTHER 295149 295149 SITE MANAGEMENT FEES 55221 55221 GROUND LEASE INCOME 5550 5550 LOAN PROCESSING 2300 2300 FINANCIAL COUNSELING 1153 1153 359373 2908 2908 102320 189141 -86821 -86821 -86821 940858 275460 59154 48506 10648 123852 123238 614 55718 52179 3539 15913 14441 1472 19344 19344 9968 9923 45 23097 4750 18347 10947 10424 523 797 60 737 399 26 373 143537 131171 12366 11103 6377 4726 2618 2463 155 40372 30618 9754 43265 39247 4018 ADMINISTRATIVE EXPENSES 15992 3694 12298 BAD DEBTS 10296 5702 4594 OPERATING AND MAINTENANCE 6646 6646 SUPPLIES 3803 1313 2490 5252 4211 1041 602073 514333 87740 0 52146 7208 3034 77945 52256 72062 17133 22729 82200 82200 10314 13091 2589241 288309 1681335 2300932 186157 186151 8354 8679 272113 338116 2365042 3109113 39108 110889 19196 2323 937446 1139170 208951 238266 1204701 1490648 X 883856 3696 276485 1614769 1160341 1618465 2365042 3109113 X 338785 119339 X false true X true false X 598660 607961 142130 140867 665398 2155016 598660 607961 142130 140867 665398 2155016 2155016 207265 211321 221638 255945 303607 1199776 96496 113997 109899 148420 55221 524033 3878825 19933 0.55560 0.64790 X PART II, LINE 10 OTHER INCOME 524,033 424714 424714 2097317 242947 1854370 67210 45362 21848 2300932 186151 186151 CONSTRUCTION IN PROGRESS 172837 CONSTRUCTION ESCROW 86866 RESERVE FOR REPLACEMENT 50433 TENANT SECURITY DEPOSITS 17694 RESERVE FOR TAXES & INS. 7467 OPERATING RESERVE 2000 OTHER ESCROW 819 338116 MSHDA REPAYABLE LAND ACQUISITION GRA 143215 LINES OF CREDIT 69871 SECURITY DEPOSITS 17694 COMPENSATED ABSENCES 7486 238266 1027679 86821 86821 940858 940858 688894 86821 86821 602073 602073 SCHEDULE D, PAGE 4, PART XI, LINE 2D LOSS ON SALE OF ASSETS 86,821 SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSS ON SALE OF ASSETS 86,821 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 LOSS ON SALE OF ASSETS 86,821 LOSS ON SALE OF ASSETS -86,821 INVESTMENT IN SUBSIDIARIES 0