2023-11-14T08:09:06-06:00 2023-06-30 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2022-07-01 650650219 VILLA MADONNA INC VILL 5617759516 PO BOX 109650 PALM BEACH GARDENS FL 33410 VITO GENDUSA TREASURER 5617759516 2023-11-14 1 VITO GENDUSA 999009999 1 RICHARD JUBACK P00630706 5617989988 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VITO GENDUSA 9995 NMILITARY TRAIL PALM BEACH GARDENS FL 33410 1061624 0 0928 X N/A X 1996 FL HOUSING FOR THE ELDERLY WITH VERY LOW INCOME. 7 7 4 0 0 0 633204 790815 249230 257056 8233 2204 12413 11549 903080 1061624 0 0 0 0 254963 291450 0 0 0 1020255 868593 1275218 1160043 -372138 -98419 3497303 3402669 43581 48313 3453722 3354356 TO PROVIDE HOUSING FOR ELDERLY FAMILIES AND INDIVIDUALS OF VERY LOW INCOME. 0 0 827932 268605 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROJECT CONTAINING RENTAL UNITS FOR THE ELDERLY WITH LOW INCOME. 827932 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 0 0 4 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X REX SNYDER SPM LLC 2056395125 1103 R ARRINGTON BLVD SOUTH BIRMINGHAM AL 35203 X DANIEL LEWIS PRESIDENT 1.00 X X 0 0 0 FATHER GAVIN BADWAY VICE PRESIDENT 1.00 X X 0 0 0 VITO GENDUSA SECRETARY/TREASURER 1.00 X X 0 0 0 JOSEPH LERARDI DIRECTOR 1.00 X 0 0 0 KEVIN MCGINLEY DIRECTOR 1.00 X 0 0 0 FATHER SCOTT ADAMS DIRECTOR 1.00 X 0 0 0 MARTIN SERRAES DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 790815 790815 APARTMENT RENTAL 532000 257056 257056 257056 2204 2204 COIN LAUNDRY 812300 8152 8152 OTHER INCOME 812900 3397 3397 11549 1061624 268605 0 2204 253049 85415 167634 10897 3678 7219 13950 4709 9241 13554 4575 8979 87850 87850 229 229 15099 15099 749 749 27893 27893 7840 7840 178628 178628 247063 247063 SECURITY CONTRACT 90979 90979 OPER AND MAINT CONTRACT 82165 82165 UTILITIES 67326 67326 OPER AND MAINT EXPENSES 44232 44232 18540 18413 127 1160043 827932 332111 0 1887 1871 234 0 127550 219939 7553023 4593211 3045507 2959812 235158 110161 86967 110886 3497303 3402669 16133 21581 27448 26732 43581 48313 X -3244378 -3343744 6698100 6698100 3453722 3354356 3497303 3402669 -98419 -947 0 X X 0 1 X 1 1 1 X 592489 590491 586258 633204 790815 3193257 234945 245549 253930 249230 257056 1240710 827434 836040 840188 882434 1047871 4433967 0 0 0 4433967 7387 6555 4219 148 1257 19566 7387 6555 4219 148 1257 19566 9759 14284 7847 8879 8152 48921 844580 856879 852254 891461 1057280 4502454 0.98480 0.98240 0.00430 0.00610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 700000 700000 6337523 4187926 2149597 120220 112166 8054 395280 293119 102161 2959812 TENANTS' SECURITY DEPOSITS 26732 26732 X 1060677 -947 -947 1061624 0 1061624 1160043 0 1160043 0 1160043 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT PERIODICALLY ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEAR ENDED JUNE 30, 2023. THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2020. FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE DECEMBER 1, 2019, VILLA MADONNA, INC. EXTENDED THE MANAGEMENT AGREEMENT (THE AGREEMENT) WITH SPM, LLC (SPM), WHEREBY SPM PROVIDES MANAGEMENT AND OTHER ADMINISTRATIVE SERVICES TO THE CORPORATION THROUGH NOVEMBER 30, 2024. MANAGEMENT FEES TO SPM FOR THE YEAR ENDED JUNE 30, 2023 OF $87,800 ARE INCLUDED IN ADMINISTRATIVE EXPENSES IN THE ACCOMPANYING STATEMENT OF ACTIVITIES. THE APPLICABLE PERCENTAGE FEE UNDER THE AGREEMENT IS 8.3%. IN ADDITION, SPM PROVIDES ACCOUNTING AND OTHER SERVICES TO THE CORPORATION. FEES FOR THESE SERVICES APPROXIMATED $4,800 FOR THE YEAR ENDED JUNE 30, 2023. FORM 990, PART VI, SECTION B, LINE 11B ALL VOTING BOARD MEMBERS WERE PROVIDED A COPY OF FORM 990 FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL VOTING BOARD MEMBERS ARE REQUIRED TO RETURN A SIGNED STATEMENT SIGNIFYING APPROVAL ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE CORPORATIONS OVERSIGHT POLICY HAS NOT CHANGED. VILLA ASSUMPTA INC 9995 N MILITARY TRAIL PALM BEACH GARDENS FL 33410 650233825 HOUSING FOR THE ELDERLY AND LOW INCOME. FL 501(C)(3) LINE 10 0 VILLA SETON INC 9995 N MILITARY TRAIL PALM BEACH GARDENS FL 33410 311775150 HOUSING FOR THE ELDERLY AND LOW INCOME. FL 501(C)(3) LINE 10 0 VILLA FRANCISCAN INC 9995 N MILITARY TRAIL PALM BEACH GARDENS FL 33410 650349169 HOUSING FOR THE ELDERLY AND LOW INCOME. FL 501(C)(3) LINE 10 0 VILLA REGINA OF WEST PALM BEACH INC 9995 N MILITARY TRAIL PALM BEACH GARDENS FL 33410 200212108 HOUSING FOR THE ELDERLY AND LOW INCOME. FL 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0