SJMC SENIOR HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: SJMC SENIOR HOUSING DEVELOPMENT FUND CORPORATION (EIN 13-4103604)
Tax period: 2018-10-01 to 2019-09-30
Filed: 2020-02-15
IRS object ID: 202000469349300125
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-02-15T14:17:25-06:00	ReturnTs
Tax Period End	2019-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	061667465	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PRAGER METIS CPA'S LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	800 WESTCHESTER AVE SUITE N-400	AddressLine1Txt
City	RYE BROOK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	105731301	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	134103604	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SJMC SENIOR HOUSING DEVELOPMENT	BusinessNameLine1Txt
Business Name Line2	FUND CORP	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SJMC	BusinessNameControlTxt
Phone	9149696159	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	122 SOUTH BROADWAY	AddressLine1Txt
City	YONKERS	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES J LANDY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9149696159	PhoneNum
Signature	2020-01-24	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	VINCENT PANCALDO	PreparerPersonNm
PTIN	P00433521	PTIN
Phone	9146944600	PhoneNum
Preparation	2020-01-24	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	24.246.110.250	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-01-24	IPDt
IP Tm	15:27:46	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	836C6D25E8EF16497C107FCE01E2A59763EC5CD6	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-09-23 17:36:50Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JAMES J LANDY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	HOG HILL MANAGEMENT 755 PALISADE	AddressLine1Txt
Address Line2	AVE	AddressLine2Txt
City	YONKERS	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10703	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$778,556	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2000	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	PROVIDE HOUSING TO THE ELDERLY AND HANDICAPPED.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$765,679	PYProgramServiceRevenueAmt
CY Program Service Revenue	$771,438	CYProgramServiceRevenueAmt
PY Investment Income	$686	PYInvestmentIncomeAmt
CY Investment Income	$698	CYInvestmentIncomeAmt
PY Other Revenue	$7,640	PYOtherRevenueAmt
CY Other Revenue	$6,420	CYOtherRevenueAmt
PY Total Revenue	$774,005	PYTotalRevenueAmt
CY Total Revenue	$778,556	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$247,899	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$286,380	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$757,738	PYOtherExpensesAmt
CY Other Expenses	$832,142	CYOtherExpensesAmt
PY Total Expenses	$1,005,637	PYTotalExpensesAmt
CY Total Expenses	$1,118,522	CYTotalExpensesAmt
PY Revenues Less Expenses	-$231,632	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$339,966	CYRevenuesLessExpensesAmt
Total Assets BOY	$9,040,681	TotalAssetsBOYAmt
Total Assets EOY	$8,696,561	TotalAssetsEOYAmt
Total Liabilities BOY	$12,651,015	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$12,646,861	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$3,610,334	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$3,950,300	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE HOUSING TO THE ELDERLY AND HANDICAPPED.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$939,147	ExpenseAmt
Revenue	$771,438	RevenueAmt
Desc	THE ORGANIZATION OWNS AND OPERATES A SECTION 202 HUD MULTIFAMILY HOUSING PROJECT FOR THE ELDERLY OR HANDICAPPED. THE PROJECT CONSISTS OF 81 UNITS.	Desc
Total Program Service Expenses	$939,147	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	2	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HOG HILL MANAGEMENT CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9149696159	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	755 PALISADE AVENUE	AddressLine1Txt
City	YONKERS	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10703	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JAMES J LANDY
PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL J SPICER
VICE PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
COLLEEN WAGNER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LAWRENCE MCCRUDDEN
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
KEVIN CACACE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SR ANDREA DIXON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SR DONNA DODGE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
BRENDAN R LANDY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MICHAEL MINERVA
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
HOUSING ASSISTANCE PAY	532000	$493,620	$493,620
PROGRAM SERVICES REVEN	532000	$274,008	$274,008
GARAGE AND PARKING SPA	532000	$3,810	$3,810

Field	Value	IRS element (for citing)
Total Program Service Revenue	$771,438	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$698	TotalRevenueColumnAmt
Exclusion	$698	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	LAUNDRY/VENDING AND OT	Desc
Business	812310	BusinessCd
Total Revenue Column	$6,420	TotalRevenueColumnAmt
Exclusion	$6,420	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$6,420	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$778,556	TotalRevenueColumnAmt
Related Or Exempt Func Income	$771,438	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$7,118	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$214,876	TotalAmt
Program Services	$169,233	ProgramServicesAmt
Management And General	$45,643	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$13,630	TotalAmt
Program Services	$7,885	ProgramServicesAmt
Management And General	$5,745	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$39,505	TotalAmt
Program Services	$33,963	ProgramServicesAmt
Management And General	$5,542	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$18,369	TotalAmt
Program Services	$14,467	ProgramServicesAmt
Management And General	$3,902	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$57,234	TotalAmt
Management And General	$57,234	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$610	TotalAmt
Management And General	$610	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$23,100	TotalAmt
Management And General	$23,100	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,771	TotalAmt
Management And General	$9,771	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$115,957	TotalAmt
Program Services	$115,957	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$323,803	TotalAmt
Program Services	$323,803	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$44,610	TotalAmt
Program Services	$44,610	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
REPAIRS & MAINTENANCE	$183,546	$183,546
SECURITY CONTRACT	$20,280	$20,280
BOOKKEEPING	$17,070		$17,070
MISC ADMIN EXPENSE	$10,758		$10,758

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$25,403	TotalAmt
Program Services	$25,403	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,118,522	TotalAmt
Program Services	$939,147	ProgramServicesAmt
Management And General	$179,375	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$114,921	BOYAmt
EOY	$103	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$5,057	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$20,252	BOYAmt
EOY	$25,634	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$12,662,983	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,564,554	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$8,419,482	BOYAmt
EOY	$8,098,429	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$486,026	BOYAmt
EOY	$567,338	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,040,681	BOYAmt
EOY	$8,696,561	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$53,241	BOYAmt
EOY	$45,833	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$12,133,700	BOYAmt
EOY	$12,133,700	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$464,074	BOYAmt
EOY	$467,328	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,651,015	BOYAmt
EOY	$12,646,861	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$3,610,334	BOYAmt
EOY	-$3,950,300	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$3,610,334	BOYAmt
EOY	-$3,950,300	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,040,681	BOYAmt
EOY	$8,696,561	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$339,966	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$662,692	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$666,118	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$781,908	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$765,679	CurrentTaxYearMinus1YearAmt
Current Tax Year	$773,500	CurrentTaxYearAmt
Total	$3,649,897	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$662,692	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$666,118	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$781,908	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$765,679	CurrentTaxYearMinus1YearAmt
Current Tax Year	$773,500	CurrentTaxYearAmt
Total	$3,649,897	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$3,649,897	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$782	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$870	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$804	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$686	CurrentTaxYearMinus1YearAmt
Current Tax Year	$698	CurrentTaxYearAmt
Total	$3,840	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$782	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$870	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$804	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$686	CurrentTaxYearMinus1YearAmt
Current Tax Year	$698	CurrentTaxYearAmt
Total	$3,840	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,017	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$6,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,500	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,640	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,420	CurrentTaxYearAmt
Total	$29,577	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$668,491	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$672,988	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$787,212	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$774,005	CurrentTaxYearMinus1YearAmt
Current Tax Year	$780,618	CurrentTaxYearAmt
Total	$3,683,314	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99090	PublicSupportCY509Pct
Public Support PY509	0.99080	PublicSupportPY509Pct
Investment Income CY	0.00100	InvestmentIncomeCYPct
Investment Income PY	0.00110	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$246,030	OtherCostOrOtherBasisAmt
Book Value	$246,030	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,312,400	OtherCostOrOtherBasisAmt
Depreciation	$4,481,027	DepreciationAmt
Book Value	$7,831,373	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$44,107	OtherCostOrOtherBasisAmt
Depreciation	$24,892	DepreciationAmt
Book Value	$19,215	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$60,446	OtherCostOrOtherBasisAmt
Depreciation	$58,635	DepreciationAmt
Book Value	$1,811	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,098,429	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
RESERVE FOR REPLACEMENTS	$462,370
TENANT SECURITY DEPOSITS	$23,902
RESIDUAL RECEIPTS RESERVE	$60,065
PAINTING RESERVE	$21,001

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$567,338	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
TENANT SECURITY DEPOSITS PAYABLE	$23,902
AHP SUBSIDY PAYABLE	$400,000
DUE TO HUD	$39,815
BANK OVERDRAFT	$3,611

Field	Value	IRS element (for citing)
Total Liability	$467,328	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$778,556	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$778,556	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$778,556	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,118,522	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,118,522	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,118,522	TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	THE PRESIDENT, JAMES J. LANDY, IS THE FATHER OF BOARD MEMBER, BRENDAN R. LANDY.
FORM 990, PART VI, SECTION A, LINE 3	THE PROJECT ENTERED INTO A CONTRACT WITH AN INDEPENDENT MANAGEMENT COMPANY WHICH HANDLES THE OPERATION OF THE BUILDING, ALL BUILDING RELATED SERVICES, ALL TENANT NEEDS AND SERVICES, AS WELL AS ALL LEGAL, FINANCIAL, AND OTHER MATTERS.
FORM 990, PART VI, SECTION B, LINE 11B	THE PROJECT DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUAL UPDATES ARE REQUESTED IN WRITING FROM BOARD MEMBERS AND KEY PEOPLE.
FORM 990, PART VI, SECTION B, LINE 15	THE ORGANIZATION HAS THE POLICY ON AN AS NEEDED BASIS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST ON AN AS NEEDED BASIS AS DETERMINED BY THE BOARD OF DIRECTORS.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT.