2021-07-22T08:54:54-05:00 2020-09-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2019-10-01 263100297 LEEWAY-WELTON HOUSING CORPORATION LEEW 2038650068 40 ALBERT STREET NEW HAVEN CT 065111542 JAY KATZ ADMINISTRATOR AND EXEC DIRECTOR 2038650068 2021-07-08 1 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2021-07-06 2019 2022-09-23 18:48:47Z JAY KATZ 40 ALBERT STREET NEW HAVEN CT 065111542 193149 0 X WWW.LEEWAY.NET X 2008 CT TO PROVIDE PERMANENT AFFORDABLE HOUSING FOR PERSONS WITH THE HIV/AIDS INFECTION AND PERSONS WITH DISABILITIES. 4 3 0 0 0 0 0 0 180478 182329 466 40 12800 10780 193744 193149 0 0 0 0 41819 25757 0 0 0 260813 266507 302632 292264 -108888 -99115 2721206 2631239 3379716 3388864 -658510 -757625 X TO PROVIDE HOUSING FACILITIES, AND IN PARTICULAR, TO PROVIDE PERMANENT AFFORDABLE HOUSING FOR PERSONS WITH THE HIV/AIDS INFECTION AND PERSONS WITH DISABILITIES, AND TO PROVIDE SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NONPROFIT BASIS. 0 0 269452 193109 TO PROVIDE HOUSING FACILITIES, AND IN PARTICULAR, TO PROVIDE PERMANENT SUPPORTIVE HOUSING FOR HOMELESS PERSONS, PERSONS WITH THE HIV INFECTION AND PERSONS WITH DISABILITIES. 269452 1 0 0 0 0 0 0 0 0 0 1 0 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 1 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X LEEWAY INC 2038650068 40 ALBERT STREET NEW HAVEN CT 065111542 JEFFREY BUSK DIRECTOR 1.00 2.00 X 0 0 0 KATHERINE SYLVESTER ESQ CHAIR 1.00 3.00 X X 0 0 0 ROBERT MORGANCONSULTANT DIRECTOR 1.00 9.00 X 0 32550 0 WILLIAM DYSON DIRECTOR 1.00 3.00 X 0 0 0 JAY KATZ EXECUTIVE DIRECTOR 1.00 42.00 X 0 125302 588 0 157852 588 0 0 0 0 0 RENTAL INCOME 531110 182329 182329 182329 40 40 TAX CREDIT REVENUE 900099 10780 10780 10780 193149 193109 0 40 16363 16363 5225 5225 4169 4169 10626 10626 894 894 12186 12186 22869 22869 33542 33542 108607 108607 39942 39942 REPAIRS & MAINTENANCE 33769 33769 BAD DEBTS 4072 4072 292264 269452 22812 0 677 989 71036 88667 1872 1793 1672 213 3361329 821752 2645949 2539577 2721206 2631239 63310 85225 255538 322500 3060868 2981139 3379716 3388864 X -658510 -757625 -658510 -757625 2721206 2631239 -99115 0 X X 0 1 X 1 0 X 167828 161348 179940 180478 182329 871923 167828 161348 179940 180478 182329 871923 0 0 0 871923 88 233 589 466 40 1416 88 233 589 466 40 1416 10750 10775 10750 12800 10780 55855 178666 172356 191279 193744 193149 929194 0.93840 0.93620 0.00150 0.00160 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TAX CREDIT REVENUE - 2015 AMOUNT: $ 10,750. 2016 AMOUNT: $ 10,775. 2017 AMOUNT: $ 10,750. 2018 AMOUNT: $ 12,800. 2019 AMOUNT: $ 10,780. OTHER - 199000 199000 3106600 768020 2338580 55729 53732 1997 2539577 X 193149 0 193149 0 193149 292264 0 292264 0 292264 PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2020. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2017 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 PROPERTY MANAGEMENT SERVICES ARE PROVIDED BY DEMARCO MANAGEMENT CORPORATION. DUTIES INCLUDE PREPARATION OF RENT-UP BUDGET AND OPERATING BUDGET, PREPARATION OF QUARTERLY FINANCIAL STATEMENTS, ACCEPTANCE AND PROCESSING OF RENTAL APPLICATIONS, PREPARATION OF LEASES, VERIFICATION OF ELIGIBILITY CERTIFICATIONS OF PROSPECTIVE RESIDENTS, COLLECTION OF RENTS, ENFORCEMENT OF LEASES, AND MAINTENANCE AND REPAIR OF PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUR EXTERNAL ACCOUNTING FIRM AND PRESENTED TO MANAGEMENT FOR REVIEW. THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR REVIEW, AFTER WHICH A COPY IS SENT TO ALL BOARD MEMBERS FOR THEIR APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY, AND UPDATE THE INFORMATION AT ANY TIME THAT THE INTEREST BECOMES A MATTER OF DISCUSSION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION, UPON REQUEST, AT ITS ADMINISTRATIVE OFFICE LOCATION IN NEW HAVEN, CT. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. LEEWAY INC 40 ALBERT STREET NEW HAVEN CT 06511 223065847 SKILLED NURSING CARE, HOUSING DEVELOP. SERVICES CT 501(C)(3) LINE 10 N/A 0 LEEWAY-PUTNAM HOUSING CORP 40 ALBERT STREET NEW HAVEN CT 06511 263100372 PATIENT HOUSING FACILITY CT 501(C)(3) LINE 10 LEEWAY INC 0 LEEWAY-SCATTERED SITE HOUSING INC 40 ALBERT STREET NEW HAVEN CT 06511 462935274 PATIENT HOUSING FACILITY CT 501(C)(3) LINE 10 LEEWAY INC 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0