2020-02-05T10:30:45-06:00 2019-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2018-07-01 521063283 NATIONAL CAPITAL B'NAI B'RITH HOUSING FOUNDATION INC NATI 3015984000 14508 HOMECREST ROAD SILVER SPRING MD 20906 CAROL COHEN WOLFE EXECUTIVE DIRECTOR 3015984000 2020-02-04 1 GLENN M SHELTON P00228007 3016529100 2020-02-04 209.59.242.22 2020-02-04 12:04:50 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 82DBE120425FA133A5AEDA27A5651712F9F2AA63 2018 2020-09-23 17:36:50Z CAROL COHEN WOLFE 14508 HOMECREST ROAD SILVER SPRING MD 20906 4734483 0 X WWW.HOMECRESTHOUSE.ORG X 1979 MD SEE SCHEDULE O 11 11 0 0 0 0 0 10123 4667734 4696238 1054 2184 0 3297 4668788 4711842 0 0 0 0 927515 0 0 0 0 3593492 4367557 4521007 4367557 147781 344285 7500868 7909331 9559992 9624170 -2059124 -1714839 TO PROVIDE AFFORDABLE HOUSING AND SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS AND THOSE ADULTS WITH QUALIFYING PHYSICAL DISABILITIES. 0 0 3479343 3952049 TO PROVIDE 235 RENTAL APARTMENTS TO ELDERLY LOW INCOME INDIVIDUALS AND THOSE ADULTS WITH QUALIFYING PHYSICAL DISABILITIES. 875668 744189 TO PROVIDE MEALS AND OTHER CONVENIENCES TO ELDERLY, LOW INCOME INDIVIDUALS LIVING IN RENTAL APARTMENTS. 4355011 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MD X HOMECREST HOUSE 3015984000 14508 HOMECREST ROAD SILVER SPRING MD 20906 X MICHAEL LEVIN DIRECTOR 1.00 2.00 X 0 0 0 BRUCE MENDITCH DIRECTOR 1.00 2.00 X 0 0 0 BRIAN WEINER DIRECTOR 1.00 2.00 X 0 0 0 SIMON A BUSTOW DIRECTOR 1.00 2.00 X 0 0 0 JOANNA B FRIEDMAN TREASURER 1.00 2.00 X X 0 0 0 MIKE GOLDMAN PRESIDENT 1.00 2.00 X X 0 0 0 ALI B EHRLICH SECRETARY 1.00 2.00 X X 0 0 0 ALAN B FRANKLE DIRECTOR 1.00 2.00 X 0 0 0 JENNIFER LAVINBUK VICE PRESIDENT 1.00 2.00 X X 0 0 0 BETH K SHAPIRO DIRECTOR 1.00 2.00 X 0 0 0 REBECCA STALLONE DIRECTOR 1.00 2.00 X 0 0 0 CAROL COHEN WOLFE EXECUTIVE DIRECTOR 6.00 34.00 X 0 0 0 0 0 0 0 0 0 0 THE WOOD COMPANY OF MDSODEXO PO BOX 360170 PITTSBURGH PA 15251 FOOD/MGMNT SERVICES 894782 SECURITAS SECURITY SERVICES INC PO BOX 403412 ATLANTA GA 30384 SECURITY SERVICES 242290 SOLUTIONS CONTRACTING LLC 3710 LEVERTON STREET SILVER SPRING MD 20906 REPAIR SERVICES 133827 NOYES AIR CONDITIONING INC 16761 OAKMONT AVENUE GAITHERSBURG MD 20877 HVAC SERVICES 132475 HARVEY W HOTTEL INC 18900 WOODFIELD ROAD GAITHERSBURG MD 20879 HVAC & PLUMBING SERVICES 113363 7 10123 10123 APARTMENT RENTS 531110 3932678 3932678 MEAL INCOME 531110 744189 744189 SERVICE REVENUE 531110 19371 19371 4696238 2184 2184 25938 22641 3297 3297 4711842 4696238 0 5481 X 1035687 1031846 3841 111 111 31320 23510 7810 466352 466352 24285 24285 72799 72107 692 798161 798161 6150 6150 5554 5554 535819 535819 10766 10766 ELDERLY SERVICES EXPENS 881804 881804 SECURITY 243785 243785 REPAIRS & MAINTENANCE 224444 224444 OPERATING & MAINTENANCE 26592 26489 103 3928 3828 100 4367557 4355011 12546 0 203458 476559 21191 22432 14008 11579 17839767 12062648 5734171 5777119 1528040 1621642 7500868 7909331 226689 411666 6786 4083 9197185 9073400 129332 135021 9559992 9624170 X -2065619 -1720004 6495 5165 -2059124 -1714839 7500868 7909331 344285 0 X 0 1 X 1 0 X 10123 10123 3890936 3964961 4418784 4667734 4696238 21638653 3890936 3964961 4418784 4667734 4706361 21648776 0 0 0 21648776 977 810 353 1054 2184 5378 977 810 353 1054 2184 5378 3297 3297 3891913 3965771 4419137 4668788 4711842 21657451 0.99960 0.99980 0.00020 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 523176 523176 16470653 11349098 5121555 140004 41927 98077 705934 671623 34311 5777119 TENANT SECURITY DEPOSITS 93890 RESERVE FOR REPLACEMENTS 1472336 OTHER RESERVES 53861 OTHER ASSETS 1555 1621642 TENANT SECURITY DEPOSITS 92474 PREPAID RENT 4587 OTHER LIABILITIES 37960 135021 X 4734483 22641 22641 4711842 0 4711842 4390198 22641 22641 4367557 0 4367557 PART X, LINE 2: NATIONAL CAPITAL B'NAI B'RITH HOUSING FOUNDATION, INC. 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 JUNE 30, 2019. DUE TO ITS TAX EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION 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 ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION 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 2016 REMAIN OPEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: SELLING EXPENSES INCLUDED WITH TOTAL EXPENSES ON BOOKS 22,641. PART XII, LINE 2D - OTHER ADJUSTMENTS: SELLING EXPENSES INCLUDED WITH TOTAL EXPENSES ON BOOKS 22,641. FORM 990, PART I, LINE 1 TO PROVIDE AFFORDABLE HOUSING AND SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS AND THOSE ADULTS WITH QUALIFYING PHYSICAL DISABILITIES. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES HAVE BEEN DELEGATED TO A MANAGEMENT COMPANY, RESIDENTIAL ONE, LLC. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, REPRESENTING THE ORGANIZATION'S GOVERNING BODY, MEETS TO REVIEW THE FORM 990 AND APPROVES IT FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY: -REVIEWING DISCLOSURES OF PROPOSED COVERED TRANSACTIONS. -REVIEWING THE PROPOSED COVERED TRANSACTIONS TO DETERMINE IF THEY MEET THE STANDARDS DEFINED IN THE CONFLICT OF INTEREST POLICY. -MAINTAINING MINUTES AND SUCH OTHER DOCUMENTATION THAT IS NECESSARY AND APPROPRIATE TO DOCUMENT ITS REVIEW OF COVERED TRANSACTIONS. -REVIEWING THE OPERATION OF THE CONFLICT OF INTEREST POLICY AND MAKING CHANGES FROM TIME TO TIME AS IT IS DEEMED APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 NO BOARD MEMBERS ARE COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MAINTENANCE SERVICES: PROGRAM SERVICE EXPENSES 466,352. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 466,352. NTL CAP B'NAI B'RITH ASSISTED HSG CORP 14508 HOMECREST ROAD SILVER SPRING MD 20906 521517014 AFFORD HSNG MD 501(C)(3) LINE 7 NATL CAPITAL 0 NTL CAP FOUNDATION FOR HOMECREST HOUSE 14508 HOMECREST ROAD SILVER SPRING MD 20906 521517016 FUNDRAISING MD 501(C)(3) LINE 12A, I NATL CAPITAL 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0