FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC (EIN 20-2563055)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-11-13
IRS object ID: 201533179349306428
Schema version: 2014v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-13T13:51:27-06:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	581367012	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HLB GROSS COLLINS PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3330 CUMBERLAND BOULEVARD 900	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30339	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	202563055	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FOUNDATION FOR AFFORDABLE RENTAL HOUSING	BusinessNameLine1Txt
Business Name Line2	HOLDINGS INC F/K/A FARH-LAMPLIGHTER AFF	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	FOUN	BusinessNameControlTxt
Phone	7704331711	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3330 CUMBERLAND BLVD SUITE 900	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30339	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOSEPH E THOMAS III	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7704331711	PhoneNum
Signature	2015-11-09	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CYNTHIA GIBBS	PreparerPersonNm
PTIN	P01281543	PTIN
Phone	7704331711	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-04-25 22:37:26Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ROBERT BAROLAK	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	152 W 57TH STREET	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10019	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$11,568,904	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2005	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	PROVIDE LOW INCOME HOUSING	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$9,086,510	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,481,191	CYProgramServiceRevenueAmt
PY Investment Income	$0	PYInvestmentIncomeAmt
CY Investment Income	$1,203	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$0	PYTotalRevenueAmt
CY Total Revenue	$11,568,904	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$311	PYOtherExpensesAmt
CY Other Expenses	$2,741,661	CYOtherExpensesAmt
PY Total Expenses	$311	PYTotalExpensesAmt
CY Total Expenses	$2,741,661	CYTotalExpensesAmt
PY Revenues Less Expenses	-$311	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$8,827,243	CYRevenuesLessExpensesAmt
Total Assets BOY	$0	TotalAssetsBOYAmt
Total Assets EOY	$60,433,964	TotalAssetsEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$51,606,721	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$0	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,827,243	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE LOW INCOME HOUSING.	MissionDesc
Significant New Program Srvc	Yes (1)	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,170,670	ExpenseAmt
Revenue	$1,126,438	RevenueAmt
Desc	THE COMMANDER PLACE APARTMENT COMPLEX, LOCATED AT 5301 COMMANDER DRIVE, ORLANDO, FL, 32822, HAS 216 MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$686,716	ExpenseAmt
Revenue	$559,447	RevenueAmt
Desc	THE ARBOR POINTE APARTMENT COMPLEX, LOCATED AT 2405 ARBOR POINTE DRIVE, LOUISVILLE, KY, 40220, HAS 130 MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$663,135	ExpenseAmt
Revenue	$646,919	RevenueAmt
Desc	THE SABAL CHASE APARTMENT COMPLEX, LOCATED AT 100 CORNER DRIVE, FORT PIERCE, FL, 34947, HAS 340 MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$221,140	ExpenseAmt
Revenue	$148,387	RevenueAmt
Desc	TO PROVIDE LOW-INCOME HOUSING.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$221,140	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$148,387	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$2,741,661	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	19	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	Yes (1)	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREYSTONE PROPERTY MANAGEMENT CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3175940204	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8383 CRAIG STREET SUITE 240	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46250	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JOSEPH E THOMAS III
PRESIDENT/TREASURER	1.00	1.00	Yes (X)	Yes (X)	$0	$0	$0
TERENCE SCHWARTZ
DIRECTOR	1.00	1.00	Yes (X)		$0	$0	$0
ANGELA THOMAS
DIRECTOR	1.00	1.00	Yes (X)		$0	$0	$0
ELAINE BOLICK
DIRECTOR	1.00	1.00	Yes (X)		$0	$0	$0
MICHAEL LOPRETE
DIRECTOR	1.00	1.00	Yes (X)		$0	$0	$0
STEPHEN ROSENBERG
VP/SECRETARY	1.00	1.00	Yes (X)	Yes (X)	$0	$0	$0
LISA LIFSHITZ
VP/ASST. SECRETARY	1.00	1.00	Yes (X)	Yes (X)	$0	$0	$0
KENNETH ROGOZINSKI
DIRECTOR	1.00	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREYSTONE PROPERTY MANAGEMENT	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8383 CRAIG STREET SUITE 240	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46250	ZIPCd

Field	Value	IRS element (for citing)
Services	PAYROLL CONTRACTING & MANAGEMENT FEES	ServicesDesc
Compensation	$124,351	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Related Organizations	$1,235,275	RelatedOrganizationsAmt
All Other Contributions	$7,851,235	AllOtherContributionsAmt
Total Contributions	$9,086,510	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME	531110	$2,283,024	$2,283,024
ANCILLARY INCOME	531110	$198,167	$198,167

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,481,191	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,203	TotalRevenueColumnAmt
Exclusion	$1,203	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,568,904	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,481,191	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,203	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$87,685	TotalAmt
Program Services	$87,685	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$4,778	TotalAmt
Program Services	$4,778	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$4,250	TotalAmt
Program Services	$4,250	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$11,951	TotalAmt
Program Services	$11,951	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$11,815	TotalAmt
Program Services	$11,815	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,052	TotalAmt
Program Services	$3,052	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,396	TotalAmt
Program Services	$1,396	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$399,987	TotalAmt
Program Services	$399,987	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,054,005	TotalAmt
Program Services	$1,054,005	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$136,170	TotalAmt
Program Services	$136,170	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
CONTRACT LABOR	$281,263	$281,263
UTILITIES	$249,781	$249,781
PROPERTY TAXES	$183,911	$183,911
EQUIPMENT RENTAL & MAIN	$145,099	$145,099

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$166,518	TotalAmt
Program Services	$166,518	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,741,661	TotalAmt
Program Services	$2,741,661	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
EOY	$4,524,820	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$36,200	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$950,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
EOY	$299,420	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$48,868,655	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$907,811	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$47,960,844	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$597,559	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$6,065,121	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$60,433,964	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
EOY	$637,054	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
EOY	$50,969,667	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$51,606,721	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$8,827,243	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$8,827,243	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$60,433,964	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$8,827,243	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year	$9,086,510	CurrentTaxYearAmt
Total	$9,086,510	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$529,807	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$489,858	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,448,518	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$2,481,191	CurrentTaxYearAmt
Total	$4,949,374	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$529,807	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$489,858	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,448,518	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$11,567,701	CurrentTaxYearAmt
Total	$14,035,884	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$14,035,884	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$20	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$231	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$1,203	CurrentTaxYearAmt
Total	$1,455	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$20	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$231	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$1,203	CurrentTaxYearAmt
Total	$1,455	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$529,827	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$490,089	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,448,519	CurrentTaxYearMinus2YearsAmt
Current Tax Year	$11,568,904	CurrentTaxYearAmt
Total	$14,037,339	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99990	PublicSupportCY509Pct
Public Support PY509	0.99990	PublicSupportPY509Pct
Investment Income CY	0.00010	InvestmentIncomeCYPct
Investment Income PY	0.00010	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,958,539	OtherCostOrOtherBasisAmt
Book Value	$4,958,539	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$32,382,477	OtherCostOrOtherBasisAmt
Depreciation	$386,612	DepreciationAmt
Book Value	$31,995,865	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,144,296	OtherCostOrOtherBasisAmt
Depreciation	$438,298	DepreciationAmt
Book Value	$9,705,998	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,383,343	OtherCostOrOtherBasisAmt
Depreciation	$82,901	DepreciationAmt
Book Value	$1,300,442	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$47,960,844	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
RESERVES AND ESCROW	$5,557,651
DEPOSITS	$477,687
OTHER ASSETS	$29,783

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$6,065,121	TotalBookValueOtherAssetsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 2	PURCHASED APARTMENT COMPLEXES TO PROVIDE LOW INCOME HOUSING.
FORM 990, PART III, LINE 2, NEW PROGRAM SERVICES	THE ORGANIZATION PURCHASED AND BEGAN THE OPERATION OF FOUR LOW-INCOME HOUSING PROPERTIES DURING 2014.
FORM 990, PART VI, SECTION A, LINE 2	JOSEPH E. THOMAS, III AND ANGELA THOMAS ARE MARRIED. STEPHEN ROSENBERG AND LISA LIFSHITZ ARE SIBLINGS.
FORM 990, PART VI, SECTION A, LINE 3	THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO GREYSTONE PROPERTY MANAGEMENT.
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION IS A NON STOCK CORPORATION AND FOUNDATION FOR AFFORDABLE RENTAL HOUSING, INC. IS ITS SOLE MEMBER.
FORM 990, PART VI, SECTION A, LINE 7A	THE ORGANIZATION'S MEMBER ELECTS THE OFFICERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7B	IN ACCORDANCE WITH THE ORGANIZATION'S BYLAWS, CERTAIN TRANSACTIONS REQUIRE THE APPROVAL OF THE ORGANIZATION'S SINGLE MEMBER
FORM 990, PART VI, SECTION B, LINE 11	FORM 990 IS PREPARED BY HLB GROSS COLLINS, P.C., AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. FORM 990 IS THEN PROVIDED TO MANAGEMENT FOR THEIR REVIEW, APPROVAL, AND SIGNATURE. FORM 990 IS TYPICALLY ELECTRONICALLY FILED AFTER MANAGEMENT REVIEWS AND PROVIDES AN ELECTRONIC FILING SIGNATURE DOCUMENT TO TAX PREPARER.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION WILL PROVIDE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO PERSONS UPON REQUEST.
FORM 990, PART VI, SECTION A, LINE 9	JOSEPH E. THOMAS, III - 5025 WILDEOAK TRAIL, DOUGLASVILLE, GA 30135 TERENCE SCHWARTZ - 35 MONTROSE ROAD, SCARSDALE, NY 10583 ANGELA THOMAS - 5025 WILDEOAK TRAIL, DOUGLASVILLE, GA 30135 ELAINE BOLICK - 603 DELPHINIUM BOULEVARD, ACWORTH, GA 30102 MICHAEL LOPRETE - 12409 BOBBINK COURT, POTOMAC, MD 20854 STEPHEN ROSENBERG - 191 GRANDVIEW AVENUE, MONSEY, NY 10952 LISA LIFSHITZ - 152 W 57TH STREET, NEW YORK, NY 10019 KENNETH ROGOZINSKI - 1 PINECREST ROAD, RIVERSIDE, CT 06878
FORM 990, PART VII	JOSEPH E. THOMAS, III - 5025 WILDEOAK TRAIL, DOUGASVILLE, GA 30135. TERENCE SCHWARTZ - 35 MONTROSE ROAD, SCARSDALE, NY 10583. ANGELA THOMAS - 5025 WILDEOAK TRAIL, DOUGASVILLE, GA 30135. ELAINE BOLICK - 603 DELPHINIUM BOULEVARD, ACWORTH, GA 30102. MICHAEL LOPRETE - 12409 BOBBINK COURT, POTOMAC, MD 20854. STEPHEN ROSENBERG - 191 GRANDVIEW AVENUE, MONSEY, NY 10952. LISA LIFSHITZ - 152 W 57TH STREET, NEW YORK , NY 10019. KENNETH ROGOZINSKI - 1 PINECREST ROAD, RIVERSIDE, CT 06878.
FORM 990, PART IX, LINE 22A	NOT FOR PROFIT ENTITIES ARE NOT REQUIRED TO FOLLOW MACRS DEPRECIATION METHODS. FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS DECIDED TO USE ACRS DEPRECIATION METHODS FOR TAX REPORTING PURPOSES. BELOW IS A SUMMARY OF THE 2014 ASSET ADDITIONS. - 3 YEAR ASSETS S/L - BASIS - $3,071,166 DEPRECIATION - $307,545 - 5 YEAR ASSETS S/L - BASIS - $1,421,726 DEPRECIATION - $112,518 - 15 YEAR ASSETS S/L - BASIS - $5,274,924 DEPRECIATION - $81,752 - 27.5 YEAR ASSETS S/L - BASIS - $34,142,301 DEPRECIATION - $405,995

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
FALLBROOK HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	$0	$0	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
MAPLECREST HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	$0	$0	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
ST LUCIE HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	$0	$0	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
SUNDANCE HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	$0	$0	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
TOWN CENTRE HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	$0	$0	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
ARBOR POINTE HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	-$127,140	$8,696,060	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
COMMANDER HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	-$44,178	$15,290,576	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
PEMBERLY PALMS HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	$6,714	$11,219,968	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC
SABAL CHASE HARMONY HOUSING LLC
3330 CUMBERLAND BLVD STE 900	ATLANTA	GA	30339	TO PROVIDE LOW INCOME HOUSING.	DE	-$15,852	$16,229,444	FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd
FARH BROOKSTONE
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	203866217	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH FOX LAKE
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	202562976	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH GREENBRIAR
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	202563022	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH NEWELL CREST FKA FARH OAK CROSSING
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	203866280	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH POSTBROOK
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	203866453	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH DEERFIELD FKA FARH ROCKSHIRE
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	203866388	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FOUNDATION FOR AFFORDABLE RENTAL HOUSING INC
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	202743344	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH SOUTH
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	203865882	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
FARH WEST
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	203866094	TO PROVIDE LOW INCOME HOUSING	DE	501(C)(3)	509(A)(2)	N/A	0
GULF COAST HOUSING ASSISTANCE
3330 CUMBERLAND BLVD SUITE 900	ATLANTA	GA	30339	742817930	TO PROVIDE LOW INCOME HOUSING	TX	501(C)(3)	509(A)(2)	N/A	0
FSRTENNESSEE AFFORDABLE HOUSING FOUNDATION
6629 SPRING ST	DOUGLASVILLE	GA	30134	621661272	TO PROVIDE LOW INCOME HOUSING	TN	501(C)(3)	509(A)(2)	N/A	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	GULF COAST HOUSING ASSISTANCE CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	C	TransactionTypeTxt
Involved	$1,235,275	InvolvedAmt
Method Of Amount Determination	FAIR MARKET VALUE	MethodOfAmountDeterminationTxt