Title
Resolution to Approve the Ann Arbor Housing Development Corporation 990 Tax Return for the Fiscal Year Ending June 30, 2021 (FY21)
Memorandum
The Ann Arbor Housing Development Corporation (AAHDC), is a 501c3 that was created to support the mission of the Ann Arbor Housing Commission. As a non-profit organization, a form 990 tax return for non-profits exempt from income tax must be filed each year. The primary source of revenue is developer fees and the primary expenditure is for tenant support services.
The auditors did not identify any deficiencies or material weakness in internal controls. The auditors did not identify any incidents of non-compliance with General Auditing Standards.
...Staff
Prepared and Approved by: Jennifer Hall, Secretary-Treasurer Ann Arbor Housing Development Corporation
Body
WHEREAS, the Commission contracted with Smith and Klaczkiewicz, PC Certified Public Accounting firm (“outside auditor”) to conduct the Ann Arbor Housing Development Corporations form 990 tax return for year-end June 30, 2021 (FY21); and
WHEREAS, the outside auditor has presented the Commission with the Ann Arbor Housing Development Corporation form 990 for FY21; and
WHEREAS, Commission staff have reviewed and agree with such final form 990; and
RESOLVED, that the Ann Arbor Housing Commission Board approves the form 990 tax return for Ann Arbor Housing Development Corporation for the year ending June 30, 2021 (FY21) attached hereto.