West Apartments Inc

“George west, ii kenneth west chairman member siblings george west, ii jeanette west chairman member spouse george west, ii laverne west chairman member uncle george west, ii jane west chairman member family member george west ii venus britton chairman member family member”

“Day-to-day operations are delegated to an independent 3rd party management company,united properties management, inc., who has been approved by the u.s. Department of housing and urban development.”

“The number of directors of the corporation shall be five, at least two of whom shall be members of the quinn chapel african methodist episcopal church. The directors shall be elicted or re-elected each for a 5-year term by the board of directors. The election of directors shall be as provided in the by-laws of the corporation. At the expiration of the directors, they may be re-elected. Any vacancy on the board of directors by reason of death, incapacity, or resignation shall be filled by the remainder of the directors, the new director so named serving for the remainder of the term of the director dying, resigning or becoming incapacitated.”

“Tax form 990 is prepared by an external 3rd party certified public accounting firm and provided to the management agent and board of directors for review and approval prior to filing.”

“All related party transactions are disclosed annually in the audited financial statements and submitted to the u.s. Department of housing and urban development for review and approval.”

“Governing documents and disclosures are made available upon written request to the managing agent and approvel by the board of directors unless mandated legally by a regulatory 3rd party.”

“Incentive performance fee 0 26,508 0 supplies-appliances 24,968 0 0 monitoring service 16,116 0 0 contracts-plumbing 14,076 0 0 interest on other mortgag 13,819 0 0 supplies-flooring 10,299 0 0 heating/cooling repairs 9,144 0 0 contracts-rehab 8,400 0 0 contracts-exterminating 7,833 0 0 contracts-repairs 7,296 0 0 bank charges/nsf 0 7,230 0 supplies-paint 6,262 0 0 bad debt expense 0 4,574 0 management/consulting fee 4,200 0 0 auto gas 4,025 0 0 other renting expense 3,361 0 0 contracts-carpet cleaning 2,900 0 0 contracts-janitorial 2,200 0 0 it services 2,000 0 0 supplies-furnishings 1,599 0 0 contracts - payroll/human 504 0 0 misc taxes, lic, per and 336 0 0 contracts-miscellaneous 204 0 0 total 139,542 38,312 0”

“RETAINED EARNINGS 29,680”