SJMC SENIOR HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: SJMC SENIOR HOUSING DEVELOPMENT FUND CORPORATION (EIN 13-4103604)
Tax period: 2017-10-01 to 2018-09-30
Filed: 2019-01-15
IRS object ID: 201920159349300247
Schema version: 2017v2.3
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	2019-01-15T13:09:48-06:00	ReturnTs
Tax Period End	2018-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	132550103	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	D'ARCANGELO & CO LLP	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	2017-10-01	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	2019-01-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	VINCENT P PANCALDO	PreparerPersonNm
PTIN	P00433521	PTIN
Phone	9146944600	PhoneNum
Preparation	2019-01-08	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	2019-01-08	IPDt
IP Tm	17:18:23	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	C4B941409204B1655AA6D21248EE9AE99FCA336E	AtSubmissionCreationDeviceId
At Submission Filing Device Id	57810E10E179847AD75661F4BDAF4923254B9313	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	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	$774,005	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	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	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	$781,908	PYProgramServiceRevenueAmt
CY Program Service Revenue	$765,679	CYProgramServiceRevenueAmt
PY Investment Income	$804	PYInvestmentIncomeAmt
CY Investment Income	$686	CYInvestmentIncomeAmt
PY Other Revenue	$4,500	PYOtherRevenueAmt
CY Other Revenue	$7,640	CYOtherRevenueAmt
PY Total Revenue	$787,212	PYTotalRevenueAmt
CY Total Revenue	$774,005	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	$228,328	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$247,899	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$742,897	PYOtherExpensesAmt
CY Other Expenses	$757,738	CYOtherExpensesAmt
PY Total Expenses	$971,225	PYTotalExpensesAmt
CY Total Expenses	$1,005,637	CYTotalExpensesAmt
PY Revenues Less Expenses	-$184,013	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$231,632	CYRevenuesLessExpensesAmt
Total Assets BOY	$9,266,617	TotalAssetsBOYAmt
Total Assets EOY	$9,040,681	TotalAssetsEOYAmt
Total Liabilities BOY	$12,645,319	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$12,651,015	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$3,378,702	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$3,610,334	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE HOUSING TO THE ELDERLY AND HANDICAPPED.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$825,095	ExpenseAmt
Revenue	$765,679	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	$825,095	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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	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 (11 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
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
LAWRENCE MCCRUDDEN
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
KEVIN CACACE
MEMBER	1.00	Yes (X)		$0	$0	$0
SR ANDREA DIXON
MEMBER	1.00	Yes (X)		$0	$0	$0
SR DONNA DODGE
MEMBER	1.00	Yes (X)		$0	$0	$0
CAROLYN HARRINGTON
MEMBER	1.00	Yes (X)		$0	$0	$0
BRENDAN R LANDY
MEMBER	1.00	Yes (X)		$0	$0	$0
NADER SAYEGH
MEMBER	1.00	Yes (X)		$0	$0	$0
MICHAEL MINERVA
MEMBER	1.00	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	$485,775	$485,775
PROGRAM SERVICES REVEN	532000	$277,174	$277,174
GARAGE AND PARKING SPA	532000	$2,730	$2,730

Field	Value	IRS element (for citing)
Total Program Service Revenue	$765,679	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$686	TotalRevenueColumnAmt
Exclusion	$686	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	LAUNDRY/VENDING AND OT	Desc
Business	532000	BusinessCd
Total Revenue Column	$7,640	TotalRevenueColumnAmt
Exclusion	$7,640	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$7,640	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$774,005	TotalRevenueColumnAmt
Related Or Exempt Func Income	$765,679	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$8,326	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$183,338	TotalAmt
Program Services	$139,738	ProgramServicesAmt
Management And General	$43,600	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$10,694	TotalAmt
Program Services	$7,206	ProgramServicesAmt
Management And General	$3,488	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$37,572	TotalAmt
Program Services	$28,993	ProgramServicesAmt
Management And General	$8,579	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$16,295	TotalAmt
Program Services	$12,221	ProgramServicesAmt
Management And General	$4,074	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 Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$22,400	TotalAmt
Management And General	$22,400	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,617	TotalAmt
Management And General	$7,617	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$119,413	TotalAmt
Program Services	$119,413	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$321,332	TotalAmt
Program Services	$321,332	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$48,127	TotalAmt
Program Services	$48,127	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
REPAIRS & MAINTENANCE	$99,249	$99,249
SECURITY CONTRACT	$31,692	$31,692
BOOKKEEPING	$17,370		$17,370
MISC ADMIN EXPENSE	$9,868		$9,868

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$23,436	TotalAmt
Program Services	$17,124	ProgramServicesAmt
Management And General	$6,312	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,005,637	TotalAmt
Program Services	$825,095	ProgramServicesAmt
Management And General	$180,542	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$109,047	BOYAmt
EOY	$114,921	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$21,803	BOYAmt
EOY	$20,252	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$12,660,233	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,240,751	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$8,710,835	BOYAmt
EOY	$8,419,482	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$424,932	BOYAmt
EOY	$486,026	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$9,266,617	BOYAmt
EOY	$9,040,681	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$47,983	BOYAmt
EOY	$53,241	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	$463,636	BOYAmt
EOY	$464,074	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,645,319	BOYAmt
EOY	$12,651,015	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$3,378,702	BOYAmt
EOY	-$3,610,334	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$3,378,702	BOYAmt
EOY	-$3,610,334	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,266,617	BOYAmt
EOY	$9,040,681	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$231,632	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	$663,729	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$662,692	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$666,118	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$781,908	CurrentTaxYearMinus1YearAmt
Current Tax Year	$765,679	CurrentTaxYearAmt
Total	$3,540,126	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$663,729	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$662,692	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$666,118	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$781,908	CurrentTaxYearMinus1YearAmt
Current Tax Year	$765,679	CurrentTaxYearAmt
Total	$3,540,126	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	$3,540,126	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$823	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$782	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$870	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$804	CurrentTaxYearMinus1YearAmt
Current Tax Year	$686	CurrentTaxYearAmt
Total	$3,965	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$823	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$782	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$870	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$804	CurrentTaxYearMinus1YearAmt
Current Tax Year	$686	CurrentTaxYearAmt
Total	$3,965	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,756	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,017	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,500	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,640	CurrentTaxYearAmt
Total	$28,913	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$670,308	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$668,491	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$672,988	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$787,212	CurrentTaxYearMinus1YearAmt
Current Tax Year	$774,005	CurrentTaxYearAmt
Total	$3,573,004	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99080	PublicSupportCY509Pct
Public Support PY509	0.99160	PublicSupportPY509Pct
Investment Income CY	0.00110	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	$4,164,177	DepreciationAmt
Book Value	$8,148,223	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$41,357	OtherCostOrOtherBasisAmt
Depreciation	$18,457	DepreciationAmt
Book Value	$22,900	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$60,446	OtherCostOrOtherBasisAmt
Depreciation	$58,117	DepreciationAmt
Book Value	$2,329	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,419,482	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
RESERVE FOR REPLACEMENTS	$401,702
TENANT SECURITY DEPOSITS	$24,289
RESIDUAL RECEIPTS RESERVE	$60,035

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$486,026	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
TENANT SECURITY DEPOSITS PAYABLE	$24,289
AHP SUBSIDY PAYABLE	$400,000
DUE TO HUD	$39,785

Field	Value	IRS element (for citing)
Total Liability	$464,074	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$774,005	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$774,005	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$774,005	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,005,637	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$1,005,637	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,005,637	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.