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Nonprofiteer
← BLANCHESTER FRIENDS HOUSING INC

Form 990 for tax year 2024

Filed by BLANCHESTER FRIENDS HOUSING INC.

Totals

Total revenue
$36,002
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$36,002
Other revenue
$0
Total assets, end of year
$995,280
Total liabilities, end of year
$16,657
Net assets or fund balances, end of year
$978,623
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $36,002 · excluded $36,002

Balance sheet

Part X, book values.

  • 7 · Other notes and loans receivable

    beginning of year $900,051 · end of year $900,051

  • 10a · Land, buildings and equipment: cost or other basis

    $25,000

  • 10c · Land, buildings and equipment, net

    beginning of year $25,000 · end of year $25,000

  • 15 · Other assets

    beginning of year $34,227 · end of year $70,229

  • 25 · Other liabilities

    beginning of year $16,657 · end of year $16,657

  • 27 · Net assets without donor restrictions

    beginning of year $942,621 · end of year $978,623

Mission and programs · 2024

Mission

IMPROVES THE LIVES OF OLDER ADULTS THROUGH INNOVATIVE QUALITY SENIOR LIVING COMMUNITIES AND THROUGH COMMUNITY SERVICES TO OLDER ADULTS.

Activities or mission (Part I)

TO PROVIDE LOW-INCOME HOUSING FOR LOW-INCOME RESIDENTS OF WARREN AND CLINTON COUNTIES.

  • BLANCHESTER FRIENDS HOUSING, INC., WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 50 UNIT APARTMENT COMMUNITY IN BLANCHESTER, OHIO, KNOWN AS FRIENDSHIP ACRES EAST. DURING AUGUST 2006, A 64 UNIT APARTMENT COMMUNITY KNOWN AS FRIENDSHIP ACRES MERGED INTO THE CORPORATION. DURING JANUARY 2021, FRIENDSHIP ACRES WAS SOLD TO AN AFFILIATED ENTITY. THE ACCOUNTING POLICIES OF THE CORPORATION ARE AS REQUIRED BY THE FEDERAL HOUSING COMMISSIONER PURSUANT TO THE REGULATORY AGREEMENT FOR INSURED MULTI-FAMILY HOUSING PROJECTS UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT AND THE APPLICABLE INSTRUCTIONS ISSUED BY THE FEDERAL HOUSING ADMINISTRATION ("FHA"). IN OCTOBER 2023, FRIENDSHIP ACRES EAST WAS SOLD. THE ORGANIZATION NOW HOLDS A SELLER NOTE RECEIVABLE.

As filed on the 2024 return.

Listed in Part VII

  • Jennilou Grotevant

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Jimmy Wilson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Rebecca Strafford

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Diane Schneiderman

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Janet Achor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Dan Steward

    CHIEF FINANCIAL OFFICER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
8 July 2026
IRS schema version
2024v5.5
Source object
202601979349300315

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