2020-10-30T05:23:26-05:00 2020-06-30 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2019-07-01 650650219 VILLA MADONNA INC VILL 5617759516 PO BOX 109650 PALM BEACH GARDENS FL 33410 VITO GENDUSA TREASURER 5617759516 2020-10-30 1 RICHARD JUBACK P00630706 5617989988 12.127.85.154 2020-10-30 06:22:17 ED P DCCD1F0EF9486F0E154C4F8483ABA045D45F1400 1177FD5996E616EAF72949A3CDA52BDDBFA30F1A 2019 2021-01-29 14:40:06Z VITO GENDUSA 9995 NMILITARY TRAIL PALM BEACH GARDENS FL 33410 857966 0 0928 X N/A X 1996 FL HOUSING FOR THE ELDERLY WITH VERY LOW INCOME. 6 6 7 0 0 0 592489 590491 234945 245549 7387 6555 10606 15371 845427 857966 0 0 0 0 281921 265504 0 0 0 646983 705839 928904 971343 -83477 -113377 4183447 4080644 53580 52855 4129867 4027789 TO PROVIDE HOUSING FOR ELDERLY FAMILIES AND INDIVIDUALS OF VERY LOW INCOME. 0 0 688664 260920 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROJECT CONTAINING RENTAL UNITS FOR THE ELDERLY WITH LOW INCOME. 688664 1 1 0 0 0 0 0 0 0 0 1 1 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 7 1 0 0 0 0 0 0 0 0 0 0 X 6 6 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 REV RICHARD MURPHY-DECEASED 032220 PRESIDENT 1.00 X X 0 0 0 KEVIN MCGINLEY VICE PRESIDENT 1.00 X X 0 0 0 VITO GENDUSA TREASURER 1.00 X X 0 0 0 PAM BLOOR SECRETARY 1.00 X X 0 0 0 JOSEPH IERARDI DIRECTOR 1.00 X 0 0 0 MARTIN SERRAES DIRECTOR 1.00 X 0 0 0 THOMAS COURTNEY ESQ EX-OFFICIO, NON VOTING 1.00 X 0 0 0 FATHER CLEMENS B HAMMERSCHMITT ADVISOR, NON VOTING 1.00 X 0 0 0 FATHER TOMASZ MAKOWSKI ADVISOR, NON VOTING 1.00 X 0 0 0 FATHER JAMES MOLGANO ADVISOR, NON VOTING 1.00 X 0 0 0 ROBERT DIAZ ESQ NON VOTING 1.00 X 0 0 0 0 0 0 0 0 0 0 0 590491 590491 APARTMENT RENTAL 532000 245549 245549 245549 6555 6555 COIN LAUNDRY 812300 8102 8102 OTHER INCOME 812900 7269 7269 15371 857966 260920 0 6555 223660 80819 142841 10889 3935 6954 19168 6926 12242 11787 4259 7528 70073 70073 1083 1083 13735 13735 28153 28153 170914 170914 135575 135575 OPER AND MAINT CONTRACT 147086 147086 OPER AND MAINT EXPENSES 59886 59886 UTILITIES 54800 54800 TAXES, LICENSES, PERMIT 16011 16011 8523 8453 70 971343 688664 282679 0 5936 7433 24 0 78371 93248 7425246 4079343 3516817 3345903 438822 464431 143477 169629 4183447 4080644 26476 26486 27104 26369 53580 52855 X -2568233 -2670311 6698100 6698100 4129867 4027789 4183447 4080644 -113377 11299 0 X X 0 1 X 1 1 1 X 534789 559130 580135 592489 590491 2857034 248186 240880 236175 234945 245549 1205735 782975 800010 816310 827434 836040 4062769 0 0 0 4062769 10002 5833 7977 7387 6555 37754 10002 5833 7977 7387 6555 37754 8251 8309 8272 9759 14284 48875 801228 814152 832559 844580 856879 4149398 0.97910 0.97890 0.00910 0.01040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 700000 700000 6337523 3699176 2638347 105576 105576 0 282147 274591 7556 3345903 NORTHERN TRUST 464431 F 464431 TENANTS' SECURITY DEPOSITS 26369 26369 X 869265 11299 11299 857966 0 857966 971343 0 971343 0 971343 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, 2020. THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2017. 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, 2020 OF $70,100 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, 2020. 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