2019-10-25T07:28:33-05:00 2018-12-31 381977929 ANDERSONTACKMAN & COMPANY PLC 16978 S RILEY AVE KINCHELOE MI 49788 990 2018-01-01 383395829 NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION NORT 2315826244 PO BOX 86 1048 E MAIN STREET BOYNE CITY MI 49712 JANE MACKENZIE EXECUTIVE DIRECTOR 2315826244 2019-09-30 true AMBER MACK CPA P00685631 9064955952 2019-10-25 71.81.110.6 2019-10-25 07:28:33 CD P 7E2328AD9949D3BFCD79648D3C0A5921CDC7F91E 544B86B77FA7A8F80FF6B88BEC949154FFB7CCBD 2018 2019-02-21 02:37:17Z JANE MACKENZIE 847 W DIVISION STREET BOYNE CITY MI 49712 550701 false X WWW.NORTHERNHOMES.ORG X 1998 MI CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA. 6 6 5 0 142130 140867 338648 409711 2245 123 0 483023 550701 0 0 224980 237831 0 0 389043 269934 614023 507765 -131000 42936 2305329 2365042 1011409 1204701 1293920 1160341 CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA. false false 54374 DEVELOPMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING OPPORTUNITIES. 332523 MANAGEMENT OF MULTI AND SINGLE FAMILY AFFORDABLE HOUSING PROJECTS. 32359 HOMEBUYER EDUCATION AND FINANCIAL COUNSELING. 419256 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 9 0 5 true false false false false false false false false X 6 6 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 RICK ANDERSON PRESIDENT 1.00 X 0 0 0 DAVID WHITE VICE-PRESIDE 1.00 X 0 0 0 SHANNON FENDER TREASURER 1.00 X 0 0 0 SUE CLEARY SECRETARY 1.00 X 0 0 0 TOM JOHNSON DIRECTOR 1.00 X 0 0 0 MEL MATCHETT DIRECTOR 1.00 X 0 0 0 JANE MACKENZIE EXECUTIVE DI 40.00 X 36539 0 0 36539 false false false 126491 14376 5998 140867 RENTS/OTHER 248706 248706 SITE MANAGEMENT FEES 148420 148420 GROUND LEASE INCOME 7116 7116 FINANCIAL COUNSELING 3069 3069 LOAN PROCESSING 2400 2400 409711 123 123 550701 409834 36538 30076 6462 127306 107217 20089 60793 49288 11505 13194 11310 1884 18950 18950 8597 5654 2943 22264 4750 17514 1011 871 140 3836 3376 460 121472 109588 11884 4818 2741 2077 751 751 24041 16480 7561 40903 40903 REHABILITATION COSTS 15132 15132 SUPPLIES 4591 2471 2120 MISC 2682 -102 2784 DUES & MEMBERSHIPS 435 100 335 451 451 507765 419256 88509 0 29751 52146 9195 3034 24779 52256 13207 17133 82200 82200 12184 10314 1926379 245044 1697309 1681335 362703 186157 8746 8354 65255 272113 2305329 2365042 50321 39108 768 19196 772045 937446 188275 208951 1011409 1204701 X 1023435 883856 270485 276485 1293920 1160341 2305329 2365042 X 42936 -176515 X false true X true false X 333633 598660 607961 142130 140867 1823251 333633 598660 607961 142130 140867 1823251 1823251 5363 3010 442 89 123 9027 318216 302789 360740 981745 2814023 748448 0.64790 0.58570 X PART II, LINE 10 OTHER INCOME 981,745 424714 424714 1453965 200946 1253019 47700 44098 3602 1681335 186157 186157 CONSTRUCTION IN PROGRESS 165986 CONSTRUCTION ESCROW 62177 RESERVE FOR REPLACEMENT 24420 TENANT SECURITY DEPOSITS 14966 RESERVE FOR TAXES & INS. 4564 272113 MSHDA REPAYABLE LAND ACQUISITION GRA 143215 LINES OF CREDIT 25000 SECURITY DEPOSITS 14966 LONG TERM VENDOR PAYABLE 12749 COMPENSATED ABSENCES 10036 NOTE PAYABLE 2985 208951 550701 550701 550701 507765 507765 507765 SCHEDULE D, PAGE 4, PART XI, LINE 2D INVESTMENT IN SUBSIDIARY 0 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 INVESTMENT IN SUBSIDIARIES -176,515