Aof Hsi Management Services Corp
- Assets
- $901.7k
- Revenue
- $0.0
- Investments
- $900.0k
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 84-2147133
Organization Overview
Aof Hsi Management Services Corp is located in Atlanta, GA. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Aof Hsi Management Services Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WAS ORGANIZED TO SUPPORT THE PROVISION OF DECENT, SAFE, SANITARY AND AFFORDABLE RENTAL HOUSING FOR LOW-TO-MODERATE INCOME PERSONS OR FAMILIES, ELDERLY PERSONS AND/OR MENTALLY OR PHYSICALLY DISABLED PERSONS BY PROVIDING PROPERTY MANAGEMENT SERVICES, ASSET MANAGEMENT SERVICES, RESIDENT SERVICES AND OTHER RELATED SUPPORT SERVICES TO OWNERS AND OPERATORS OF QUALIFIED AFFORDABLE RENTAL HOUSING OCCUPIED IN WHOLE OR REQUISITE PART BY LOW-TO-MODERATE INCOME PERSONS AND FAMILIES, ELDERLY PERSONS AND/OR MENTALLY OR PHYSICALLY DISABLED PERSONS, AND THEREBY ASSIST IN THE SOCIAL AND ECONOMIC INTEGRATION OF LOW-TO-MODERATE INCOME PERSONS AND FAMILIES, ELDERLY PERSONS AND/OR DISABLED PERSONS, COMBAT COMMUNITY DETERIORATION, LESSEN NEIGHBORHOOD TENSIONS, ELIMINATE PREJUDICE AND DISCRIMINATION, AND LESSEN THE BURDEN OF GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STOCK OWNERSHIP IN CORPORATION THAT MANAGES AFFORDABLE HOUSING PROPERTY FOR LOW-INCOME, ELDERLY, AND/OR MENTALLY OR PHYSICALLY DISABLED PERSONS OR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip J Kennedy President, Treasurer | OfficerTrustee | 0.5 | $0 |
Kathryn T Walker Vice President, Secretary | OfficerTrustee | 0.5 | $0 |
William P Fisher III Trustee | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $90 |
| Total functional expenses | $590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,680 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $900,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $901,680 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,500 |
| Total liabilities | $2,500 |
| Net assets without donor restrictions | $899,180 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $901,680 |