2024-02-21T17:30:28-06:00 2023-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-04-01 521061448 ST MARY'S COURT HOUSING DEVELOPMENT CORP STMA 2022235684 725 24TH STREET NW WASHINGTON DC 20037 EVAN CARMEN TREASURER 2022235684 2024-02-21 1 EVAN CARMEN XXX-XX-XXXX 0 GARRETT M HIGGINS P00543209 2122862600 2024-02-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GERALD A PEREZ 725 24TH STREET NW WASHINGTON DC 20037 3621783 0 X WWW.STMARYSCOURT.ORG X 1976 DC TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY. 11 11 0 11 19621 7214 30780 2442488 2985902 891319 200556 -264610 24987 32576 3242225 3101773 0 0 0 0 0 0 0 0 0 3307369 3561252 3307369 3561252 -65144 -459479 12714863 12116143 13906930 13834063 -1192067 -1717920 TO PROVIDE AFFORDABLE HOUSING AND RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 3351920 2910525 ST. MARY'S COURT HOUSING DEVELOPMENT CORPORATION WAS CHARTERED ON JUNE 22, 1976 UNDER THE LAWS OF THE DISTRICT OF COLUMBIA TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 140 UNITS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT KNOWN AS ST. MARY'S COURT, IN WHICH LOW-INCOME HOUSING IS PROVIDED TO THE ELDERLY. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. 3351920 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 DC X SPM LLC 2059331020 1103 RICHARD ARRINGTON JR BLVD S BIRMINGHAM AL 35205 X GERALD A PEREZ PMP PRESIDENT 0.30 X X 0 0 0 ROBERT L JAYES MD VICE PRESIDENT 0.30 X X 0 0 0 JOSEPH T HOWELL SECRETARY 0.30 X X 0 0 0 EVAN S CARMEN TREASURER 0.30 X X 0 0 0 RASHEEN CARBIN DIRECTOR 0.30 X 0 0 0 JANEL DOUGHTEN DIRECTOR 0.30 X 0 0 0 BREANA MOSS DIRECTOR 0.30 X 0 0 0 MICHELLE MCGRATH LICSW LCSW-C DIRECTOR 0.30 X 0 0 0 LAVERNE G NAUGHTON DIRECTOR 0.30 X 0 0 0 PETER SACCO DIRECTOR 0.30 X 0 0 0 CB WOOLDRIDGE MSW DIRECTOR 0.30 X 0 0 0 0 0 0 0 0 0 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 FOOD 414633 SPM LLC 1103 RICHARD ARRINGTON BLVD BIRMINGHAM AL 35205 MANAGEMENT 329201 HANN & HANN INC 12307 WASHINGTON AVE ROCKVILLE MD 20852 CONSTRUCTION SERVICES 275983 DAKIN APPLIES 2487 NETWORK PLACE CHICAGO IL 60673 CONSTRUCTION SERVICES 159176 4 2412188 30300 2442488 RENTAL INCOME 531110 581823 581823 FOOD AND RESIDENT SVCS 531110 309496 309496 891319 128372 128372 127028 520010 -392982 -392982 -392982 PARKING INCOME 812930 23055 19621 3434 TENANT CHARGES 531110 6638 6638 OTHER REVENUE 900099 2883 2883 32576 3101773 498337 19621 141327 116515 116515 2427 2427 35395 8400 26995 1445 1445 53890 53890 898567 898567 8020 8020 274390 274390 54209 54209 OUTSOURCED STAFF 861262 861262 MEAL SERVICES 530436 530436 REPAIRS & MAINTENANCE 476630 476630 RESIDENT EXPENSES 172103 172103 75963 75923 40 3561252 3351920 209332 0 1034456 254702 561424 668374 308096 31457 162552 11479786 6888888 4550510 4590898 6537016 6131521 12714863 12116143 276240 449006 1981 2841 42646 46275 13586063 13335941 13906930 13834063 X -1192067 -1717920 -1192067 -1717920 12714863 12116143 -459479 -66374 0 X X 0 0 0 X 1878865 1980829 2335376 2275257 2442488 10912815 1878865 1980829 2335376 2275257 2442488 10912815 10912815 23182 26025 21856 81472 128372 280907 15856 17493 33349 10736 12106 12955 35797 11262868 4196193 0.96890 X 0.98330 0.01180 SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: TENANT CHARGES - 2020 AMOUNT: $ 5,170. 2021 AMOUNT: $ 6,138. 2022 AMOUNT: $ 6,638. PARKING FEE - 2020 AMOUNT: $ 4,104. 2021 AMOUNT: $ 3,086. 2022 AMOUNT: $ 3,434. OTHER REVENUE - 2020 AMOUNT: $ 1,462. 2021 AMOUNT: $ 2,882. 2022 AMOUNT: $ 2,883. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 9525918 5469889 4056029 1052437 732178 320259 901431 686821 214610 4590898 X 3035399 -66374 -66374 3101773 0 3101773 3561252 0 3561252 0 3561252 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31, 2020. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS MANAGED BY SPM, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS 3.75% OF GROSS COLLECTIONS OF THE PROJECT. EFFECTIVE JANUARY 27, 2021, THE FEE WAS INCREASED TO 3.85% OF GROSS COLLECTIONS OF THE PROJECT PLUS AN ADDITIONAL $5 PER UNIT PER MONTH FOR ACCOUNTING/BOOKKEEPING SERVICES AND $5 PER UNIT PER MONTH FOR COMPUTER/OCCUPANCY SERVICES. MANAGEMENT FEES IN THE AMOUNT OF $116,515 WERE INCURRED DURING THE FISCAL YEAR. NONE OF THE ORGANIZATION'S OFFICERS LISTED IN PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 7A THE VESTRY OF ST. MARY'S EPISCOPAL CHURCH HAS THE POWER TO APPOINT THREE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE AND NO COMMITTEES WERE APPOINTED DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THE BOARD TREASURER PRIOR TO FILING WITH THE IRS. THE RETURN IS CIRCULATED TO THE BOARD AFTER IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE TREASURER OF THE BOARD OVERSEES THE AUDIT PROCESS AND SERVES AS BOARD LIAISON TO INFORM THE OTHER DIRECTORS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DUE TO IRS SYSTEM UPGRADES, THE E-FILING SYSTEM WAS UNAVAILABLE TO ACCEPT FORM 990-T RETURNS WITH DUE DATES FROM JANUARY 15, 2024 TO MARCH 15, 2024. THE ORGANIZATION IS FILING ITS FEDERAL FORM 990-T AT THIS TIME AND REQUESTS THAT ANY AND ALL PENALTIES FOR THE LATE FILING NOT BE IMPOSED DUE TO REASONABLE CAUSE AND CIRCUMSTANCES BEYOND ITS CONTROL.