AUSABLE VALLEY APARTMENTS INC

Address
4100 PIER NORTH BLVD NO A
FLINT, MI 48504
Contact
Phone: +1 (989) 860-8080
Nonprofit
NTEE: L21 - Public Housing Facilities
EIN: 38-2261258

Mission

RENTAL OF HUD SUBSIDIZED APARTMENT BUILDING
 20172016201520142013
Basic features of the organization
Year of formation1979
Subsection code03
PF filing required0    
Metropolitan statistical area6960
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00  
Number of employees00000
Number of people compensated >$100k000  
Number of volunteers700  
Number of highly compensated contractors000  
Personnel
Bender, Pete
TitleTREASURER/SECRETARYTREASURERTREASURERTREASURERTREASURER
Name of key/compensated personPETE BENDERPETE BENDERPETE BENDERPETE BENDERPETE BENDER
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Benko, Amy
TitleDIRECTOR    
Name of key/compensated personAMY BENKO    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Cushway, Ritch
TitleCHAIRVICE CHAIRVICE CHAIRVICE CHAIRVICE CHAIR
Name of key/compensated personRITCH CUSHWAYRITCH CUSHWAYRITCH CUSHWAYRITCH CUSHWAYRITCH CUSHWAY
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Dutcher, Deborah
Title DIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated person DEBORAH DUTCHERDEBORAH DUTCHERDEBORAH DUTCHERDEBORAH DUTCHER
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Gehm, David
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personDAVID M GEHMDAVID M GEHMDAVID M GEHMDAVID M GEHMDAVID M GEHM
Position of compensated person
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Golden, Anthony
Title CHAIRCHAIRCHAIRCHAIR
Name of key/compensated person ANTHONY D GOLDENANTHONY D GOLDENANTHONY D GOLDENANTHONY D GOLDEN
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 2.002.002.002.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Harris, Randy
Title DIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated person RANDY HARRISRANDY HARRISRANDY HARRISRANDY HARRIS
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Krick, Mary
Title SECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated person MARY JO KRICKMARY JO KRICKMARY JO KRICKMARY JO KRICK
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 2.002.002.002.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Neuendorf, Don
Title DIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated person REV DON NEUENDORFREV DON NEUENDORFREV DON NEUENDORFREV DON NEUENDORF
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Nyquist, Paul
TitleDIRECTOR    
Name of key/compensated personPAUL NYQUIST    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Schoenow, Carl
TitleDIRECTOR    
Name of key/compensated personCARL SCHOENOW    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Zimmer, Scott
Title DIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated person SCOTT ZIMMERSCOTT ZIMMERSCOTT ZIMMERSCOTT ZIMMER
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Zolton, Darrell
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDARRELL ZOLTONDARRELL ZOLTONDARRELL ZOLTONDARRELL ZOLTONDARRELL ZOLTON
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesRENTAL OF HUD SUBSIDIZED APARTMENT BUILDINGRENTAL OF HUD SUBSIDIZED APARTMENT BUILDINGRENTAL OF HUD SUBSIDIZED APARTMENT BUILDINGRENTAL OF HUD SUBSIDIZED APARTMENT BUILDINGRENTAL OF HUD SUBSIDIZED APARTMENT BUILDING
Program service expenses, total$424,721.00$427,258.00$387,304.00$376,713.00$406,667.00
Programs, including revenue & expenses
RENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDINGS.
Program expenses$424,721.00$427,258.00$387,304.00$376,713.00$406,667.00
Program revenue$233,446.00$235,793.00$236,641.00  
Program descriptionRENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDINGS.RENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDINGS.RENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDINGS.RENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDINGRENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDING
Financial data
Revenue
Total revenue$419,626.00$448,950.00$462,005.00$410,731.00$380,859.00
Revenue from contributions (total)$162,004.00$179,550.00$178,777.00$177,166.00$169,118.00
Investment income, current yr$93.00$109.00$72.00$35.00$157.00
Total revenue from grants, etc., current yr$162,004.00$179,550.00$178,777.00$177,166.00$169,118.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$24,083.00$33,498.00$46,515.00$16,295.00$13,712.00
Net unrelated business taxable revenue$0.00$0.00$0.00  
Program service revenue (total)$233,446.00$235,793.00$236,641.00$217,235.00$197,872.00
Gross receipts$419,626.00$448,950.00$462,005.00$410,731.00$380,859.00
Sources of contributions
Revenue from gov't grants$162,004.00$179,550.00$178,777.00$177,166.00$169,118.00
Other types of revenue
Miscellaneous revenue (total)$24,083.00$33,498.00$46,515.00$16,295.00$13,712.00
Income from dividends, interest, and similar investments$93.00$109.00$72.00$35.00$157.00
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$424,721.00$427,258.00$387,304.00$376,713.00$406,667.00
Total functional expenses: program service $424,721.00$427,258.00$387,304.00$376,713.00$406,667.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Legal fees (total)$311.00$1,009.00$175.00  
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$1,428,687.00$1,539,479.00$1,554,957.00$576,593.00$646,688.00
Total assets, beginning of year$1,539,479.00$1,554,957.00$576,593.00$646,688.00$705,843.00
Total liabilities$1,693,415.00$1,799,149.00$1,835,936.00$934,437.00$1,038,538.00
Total liabilities, beginning of year$1,799,149.00$1,835,936.00$934,437.00$1,038,538.00$899,107.00
Unrestricted net assets, end of yr-$264,728.00-$259,670.00-$280,979.00-$357,844.00-$391,850.00
Net assets-$264,728.00-$259,670.00-$280,979.00-$357,844.00-$391,850.00
Net assets, beginning of year-$259,670.00-$280,979.00-$357,844.00-$391,850.00-$193,264.00
Other liabilities$31,111.00$21,440.00$28,010.00$26,707.00$26,403.00
Other assets$442,058.00$498,285.00$664,840.00$119,784.00$150,421.00
Cash: non-interest bearing$101,942.00$94,918.00$19,983.00$8,218.00$2,257.00
Cash: non-interest bearing, beginning of year$94,918.00$19,983.00$8,218.00$2,257.00$3,965.00
Other financial variables
Revenue less expenses-$5,095.00$21,692.00$74,701.00$34,018.00-$25,808.00
Advertising (total)$1,766.00$1,597.00$2,149.00$3,694.00$8,692.00
Savings & temp cash investment   $402.00$302.00
Accounts receivable, net$998.00$24,003.00$4,918.00$3,806.00$727.00
Prepaid expenses & deferred charges$13,893.00$9,137.00$7,712.00  
Accounts payable & accrued expenses$7,010.00$20,685.00$24,796.00$89,144.00$104,379.00
Deferred revenue  $0.00$1,411.00$1,411.00
Secured mortgages and notes payable$1,655,294.00$1,757,024.00$1,783,130.00$817,175.00$906,345.00
Total net assets or fund balances-$264,728.00-$259,670.00-$280,979.00-$357,844.00-$391,850.00
Depreciation, depletion, amortization$72,391.00$68,089.00$57,019.00$55,192.00$56,735.00
Governance and accountability
Number of voting members710101010
Number of independent voting members710101010
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-07-012015-07-012014-07-012013-07-012012-07-01
Tax year end date2017-06-012016-06-012015-06-012014-06-012013-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Address changeTrue    
Date e-filing submitted2018-03-302017-04-192016-08-042015-02-182014-04-08
IRS schema version2016v3.02015v2.12014v6.02013v4.02012v2.3
Filing identifier201840739349301229201633479349300638201631349349303373201510359349300511201410419349300046
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