2025-02-18T13:52:49-06:00 2024-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-04-01 521061448 ST MARY'S COURT HOUSING DEVELOPMENT CORP STMA 2022235684 725 24TH STREET NW WASHINGTON DC 20037 GERALD A PEREZ PRESIDENT 2022235684 2025-02-17 1 1 JOSEPH CONNOLLY P01959750 2122862600 2025-02-17 2023 2025-03-06 01:10:19Z GERALD A PEREZ 725 24TH STREET NW WASHINGTON DC 20037 4063634 0 X WWW.STMARYSCOURT.ORG X 1976 DC TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY. 13 13 0 15 17414 6649 2442488 2590155 891319 898437 -264610 -56160 32576 331707 3101773 3764139 0 0 0 0 0 0 0 0 0 3561252 3720144 3561252 3720144 -459479 43995 12116143 12515039 13834063 13365307 -1717920 -850268 TO PROVIDE AFFORDABLE HOUSING AND RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 3475421 0 898437 ST. MARY'S COURT HOUSING DEVELOPMENT CORPORATION WAS CHARTERED ON JUNE 22, 1976 UNDER THE LAWS OF THE DISTRICT OF COLUMBIA TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 140 UNITS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT KNOWN AS ST. MARY'S COURT, IN WHICH LOW-INCOME HOUSING IS PROVIDED TO THE ELDERLY. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. 3475421 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 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 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 DC X SPM LLC 2059331020 1103 RICHARD ARRINGTON JR BLVD S BIRMINGHAM AL 35205 X GERALD A PEREZ PMP PRESIDENT 0.30 X X 0 0 0 JANEL DOUGHTEN VICE PRESIDENT 0.30 X X 0 0 0 JOSEPH T HOWELL SECRETARY 0.30 X X 0 0 0 EVAN S CARMEN TREASURER 0.30 X X 0 0 0 RASHEEN CARBIN DIRECTOR 0.30 X 0 0 0 ROBERT L JAYES MD THRU 0623 DIRECTOR 0.30 X 0 0 0 MICHELLE MCGRATH DIRECTOR 0.30 X 0 0 0 BREANA MOSS DIRECTOR 0.30 X 0 0 0 LAVERNE G NAUGHTON DIRECTOR 0.30 X 0 0 0 MARY PATRICIA OLIN DIRECTOR 0.30 X 0 0 0 THEODORE F PAGE JR DIRECTOR 0.30 X 0 0 0 MARGARET PULLY DIRECTOR 0.30 X 0 0 0 PETER SACCO DIRECTOR 0.30 X 0 0 0 REV WESLEY S WILLIAMS JR DIRECTOR 0.30 X 0 0 0 CB WOOLDRIDGE MS THRU 0623 DIRECTOR 0.30 X 0 0 0 0 0 0 0 0 0 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 FOOD 442496 HANN & HANN 12307 WASHINGTON AVENUE ROCKVILLE MD 20852 MAINTENANCE 109419 2 2538620 51535 2590155 RENTAL INCOME 531110 630563 630563 FOOD AND RESIDENT SVCS 531110 267874 267874 898437 161628 161628 81707 299495 -217788 -217788 -217788 INSURANCE PROCEES 900099 295361 295361 PARKING INCOME 812930 21955 17414 4541 TENANT CHARGES 531110 12320 12320 2071 2071 331707 3764139 898437 17414 258133 123213 123213 4346 4346 34390 9800 24590 1733 1733 76660 76660 929432 929432 13989 13989 299142 299142 41366 41366 OUTSOURCED STAFF 881359 881359 MEAL SERVICES 577818 577818 REPAIRS & MAINTENANCE 540170 540170 RESIDENT EXPENSES 161425 161233 192 35101 35101 3720144 3475421 244723 0 254702 151964 668374 2827924 308096 162552 212139 11754889 7180285 4590898 4574604 6131521 4748408 12116143 12515039 449006 239335 2841 1614 46275 45325 13335941 13079033 13834063 13365307 X -1717920 -850268 -1717920 -850268 12116143 12515039 43995 823657 0 X X 0 0 0 X 1980829 2335376 2275257 2442488 2590155 11624105 1980829 2335376 2275257 2442488 2590155 11624105 11624105 26025 21856 81472 128372 161628 419353 17493 6455 23948 10736 12106 12955 314293 350090 12417496 8538367 0.93610 X 0.98710 0.00800 SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: TENANT CHARGES - 2020 AMOUNT: $ 5,170. 2021 AMOUNT: $ 6,138. 2022 AMOUNT: $ 6,638. 2023 AMOUNT: $ 12,320. PARKING FEE - 2020 AMOUNT: $ 4,104. 2021 AMOUNT: $ 3,086. 2022 AMOUNT: $ 3,434. 2023 AMOUNT: $ 4,541. OTHER REVENUE - 2020 AMOUNT: $ 1,462. 2021 AMOUNT: $ 2,882. 2022 AMOUNT: $ 2,883. 2023 AMOUNT: $ 2,071. INSURANCE PROCEEDS - 2023 AMOUNT: $ 295,361. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 9763134 5695443 4067691 1090324 768694 321630 901431 716148 185283 4574604 X 4587796 823657 823657 3764139 0 3764139 3720144 0 3720144 0 3720144 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31, 2021. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS MANAGED BY SPM, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS 3.75% OF GROSS COLLECTIONS OF THE PROJECT. EFFECTIVE JANUARY 27, 2021, THE FEE WAS INCREASED TO 3.85% OF GROSS COLLECTIONS OF THE PROJECT PLUS AN ADDITIONAL $5 PER UNIT PER MONTH FOR ACCOUNTING/BOOKKEEPING SERVICES AND $5 PER UNIT PER MONTH FOR COMPUTER/OCCUPANCY SERVICES. MANAGEMENT FEES IN THE AMOUNT OF $123,213 WERE INCURRED DURING THE FISCAL YEAR. NONE OF THE ORGANIZATION'S OFFICERS LISTED IN PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 7A THE VESTRY OF ST. MARY'S EPISCOPAL CHURCH HAS THE POWER TO APPOINT THREE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE AND NO COMMITTEES WERE APPOINTED DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THE BOARD TREASURER PRIOR TO FILING WITH THE IRS. THE RETURN IS CIRCULATED TO THE BOARD AFTER IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE TREASURER OF THE BOARD OVERSEES THE AUDIT PROCESS AND SERVES AS BOARD LIAISON TO INFORM THE OTHER DIRECTORS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.