STRATEGY STUDIO / PUBLIC DATA EXPLORER

FORESIGHT AFFORDABLE HOUSING INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
FORESIGHT AFFORDABLE HOUSING INC (EIN 52-1979028)
Tax period
2012-04-01 to 2013-03-31
Filed
2013-11-26
IRS object ID
201303309349300905
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-11-26T13:47:38-06:00Timestamp
Tax Period End Date2013-03-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11700 MARKET STREET 29TH FLOORAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19103ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-04-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN521979028EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FORESIGHT AFFORDABLE HOUSING INCBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% NELSON MORGANInCareOfName
Name ControlFORENameControl
Phone6098232500Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line16601 Ventnor Ave PO Box 2597AddressLine1
Address Line2Suite 23AddressLine2
CityVentnorCity
StateNJState
ZIP Code08406ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMorton BaruchName
TitlePresidentTitle
Phone6098228100Phone
Date Signed2013-11-14DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMARGARET M ROBUS CPA MTName
Phone2156365500Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Name Of Principal Officer PersonMORTON BARUCHNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11395 KERSEY LANEAddressLine1
CityROCKVILLECity
StateMDState
ZIP Code20854ZIPCode
FieldValueIRS element (for citing)
Gross Receipts3842222GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1996YearFormation
State Legal DomicileNJStateLegalDomicile
Activity Or Mission DescriptionAN AFFORDABLE HOUSING PROVIDER WHICH PROVIDES FINANCING, ASSET MANAGEMENT SERVICES AND PROJECT OVERSIGHT IN AN EFFORT TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOWER INCOME INDIVIDUALS AND FAMILIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members5NbrIndependentVotingMembers
Total Nbr Employees1TotalNbrEmployees
Total Nbr Volunteers5TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year330587ContributionsGrantsCurrentYear
Program Service Revenue Prior Year3334791ProgramServiceRevenuePriorYear
Program Service Revenue CY3441156ProgramServiceRevenueCY
Investment Income Prior Year116760InvestmentIncomePriorYear
Investment Income Current Year39385InvestmentIncomeCurrentYear
Other Revenue Prior Year25808OtherRevenuePriorYear
Other Revenue Current Year31094OtherRevenueCurrentYear
Total Revenue Prior Year3477359TotalRevenuePriorYear
Total Revenue Current Year3842222TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year808754SalariesEtcPriorYear
Salaries Etc Current Year719475SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year2670704OtherExpensePriorYear
Other Expenses Current Year2924621OtherExpensesCurrentYear
Total Expenses Prior Year3479458TotalExpensesPriorYear
Total Expenses Current Year3644096TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-2099RevenuesLessExpensesPriorYear
Revenues Less Expenses CY198126RevenuesLessExpensesCY
Total Assets BOY17969041TotalAssetsBOY
Total Assets EOY20577376TotalAssetsEOY
Total Liabilities BOY12560289TotalLiabilitiesBOY
Total Liabilities EOY15015745TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY5408752NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5561631NetAssetsOrFundBalancesEOY
Mission DescriptionFORESIGHT AFFORDABLE HOUSING, INC. WAS CREATED TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES. FORESIGHT HAS ACQUIRED OR PARTICIPATED IN THE DEVELOPMENT AND/OR ASSET OVERSIGHT OF 14 AFFORDABLE HOUSING ASSETS.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense438205Expense
Revenue74917Revenue
DescriptionThe organization is an asset manager of two multi-family housing projects with HUD insured mortgages and consults on new developments. These two housing projects provide affordable housing to 311 families or individuals.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense3205891Expense
Revenue3366239Revenue
DescriptionOperations of two housing projects. The first housing project has 130 units and the second housing project has 195 units.Description
FieldValueIRS element (for citing)
Total Program Service Expense3644096TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntitytrueDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109612NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees1NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members5NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiestrueDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturetrueInvestmentInJointVenture
Written Policy Or ProceduretrueWrittenPolicyOrProcedure
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonNELSON MORGANNamePerson
Telephone Number6098232500TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line16601 VENTNOR AVE SUITE 23AddressLine1
CityVENTNORCity
StateNJState
ZIP Code08406ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
MORTON BARUCH
PRESIDENT & TREASURER20.0XX20335000
DONALD REAPE
VICE PRESIDENT4.0XX7000
MORTON W SCHOMER
ASST SECRETARY2.0XX7000
DR BRUCE JOHNSON
TRUSTEE1.0X3000
GERALD F SCHWAM
TRUSTEE1.0X2000
LYNDA BARNESS
TRUSTEE1.0X
FieldValueIRS element (for citing)
Total Reportable Comp From Org222350TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

FieldValueIRS element (for citing)
Name PersonTHE MORGAN CONSULTANT GROUPNamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1321 N FREDERICKSBURG AVEAddressLine1
CityVENTNORCity
StateNJState
ZIP Code08406ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesCONSULTINGDescriptionOfServices
Compensation173083Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K
Government Grants330587GovernmentGrants
Total Contributions330587TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RENT REVENUE33662393366239
MANAGEMENT FEES4898348983
FEE INCOME2593425934
FieldValueIRS element (for citing)
Total Program Service Revenue3441156TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column39385TotalRevenueColumn
Exclusion$39,385ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUSDescription
Total Revenue Column31094TotalRevenueColumn
Exclusion$31,094ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue31094TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column3842222TotalRevenueColumn
Related Or Exempt Function Income3441156RelatedOrExemptFunctionIncome
Exclusion$70,479ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total222350Total
Program Services222350ProgramServices

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total318372Total
Program Services318372ProgramServices

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total86234Total
Program Services86234ProgramServices

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total92519Total
Program Services92519ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total212549Total
Program Services212549ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total25912Total
Program Services25912ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total97689Total
Program Services97689ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total232794Total
Program Services232794ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total1072Total
Program Services1072ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total53412Total
Program Services53412ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total19335Total
Program Services19335ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total495223Total
Program Services495223ProgramServices

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total369420Total
Program Services369420ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total247711Total
Program Services247711ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
SUPPLIES368657368657
REAL ESTATE TAXES281045281045
UTILITIES285388285388
REPAIRS & MAINTENANCE120672120672

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total113742Total
Program Services113742ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total3644096Total
Program Services3644096ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY853806BOY
EOY646573EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY5888500BOY
EOY7988500EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis12575101LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec2441720LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY9989612BOY
EOY10133381EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY154559BOY
EOY149585EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1082564BOY
EOY1659337EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY17969041BOY
EOY20577376EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY8321320BOY
EOY8222154EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY3888500BOY
EOY6544174EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY350469BOY
EOY249417EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY12560289BOY
EOY15015745EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY5408752BOY
EOY5561631EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5408752BOY
EOY5561631EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY17969041BOY
EOY20577376EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses198126ReconcilationRevenueExpenses
Reconcilation Other Changes-45247ReconcilationOtherChanges
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type3 Func IntXSupportingOrg509a3Type3FuncInt
Contrib By Controlling IndividualfalseContribByControllingIndividual
Contribution By Related PartyfalseContributionByRelatedParty
Contrib By35 Controlled EntityfalseContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation (2 entries)

EINEINType Of OrganizationTypeOfOrganizationListed In Governing DocListedInGoverningDocAmountAmount
FORESIGHT AFFORDABLE HOUSING OF MARYLAND INC
52196214104true$26,483
FORESIGHT AFFORDABLE HOUSING OF PENNSYLVANIA INC
52191038704true$22,500
FieldValueIRS element (for citing)
Total Number Of Supported Orgs2TotalNumberOfSupportedOrgs
Sum Of Amounts48983SumOfAmounts

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
Current Year Minus3 YearsCurrentYearMinus3Years
Current Year Minus4 YearsCurrentYearMinus4Years

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis1445000OtherCostOrOtherBasis
Book Value1445000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis11087259OtherCostOrOtherBasis
Depreciation2398878Depreciation
Book Value8688381BookValue
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis42842OtherCostOrOtherBasis
Depreciation42842Depreciation
Book Value0BookValue
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings10133381TotalOfBookValueLandBuildings

Other Assets OtherAssets (24 entries)

DescriptionDescriptionBook ValueBookValue
TENANT SECURITY DEPOSITS60175
MORTGAGE ESCROW DEPOSITS231470
REPLACEMENT RESERVES648305
OTHER DEPOSITS575051
INVESTMENT IN FAH-CENTERVILLE-1685
INVESTMENT IN GLENNVIEW TOWNHO-1569
INVESTMENT IN OAK DALE APARTME5253
INVESTMENT IN HIGHLAND VIEW AP26011
INVESTMENT IN VILLAGE GREEN8389
INVESTMENT IN SUNFLOWER LANE3115
INVESTMENT IN WOOD VILLAGE10197
INVESTMENT IN KELLER COURT9788
INVESTMENT IN GREENLEAF LLC1521
INVESTMENT IN MOORE MANOR140
INVESTMENT IN WORTHINGTON5000
INVESTMENT IN ST THOMAS SQUARE5000
INVESTMENT IN PACIFIC COURT-1399
INVESTMENT IN PENNSVILLE74605
INVESTMENT IN VINELAND, LLC-120
INVESTMENT IN EAST I PRESERVAT31
INVESTMENT IN MONTGOMERY SR100
INVESTMENT IN CENTERVILLE SOUT-4
INVESTMENT IN MORGAN VILLAGE98
INVESTMENT IN ATLANTIC CITY-135
FieldValueIRS element (for citing)
Total Book Value Other Assets1659337TotalBookValueOtherAssets
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescriptionAmountAmount
TENANT SECURITY DEPOSITS$60,263
DUE TO RELATED PARTY$300
DUE TO OTHERS$200
PURCHASE PRICE PAYABLE$188,654
FieldValueIRS element (for citing)
Total Of Amounts249417TotalOfAmounts

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractXWrittenEmploymentContract
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonMORTON BARUCHNamePerson
TitlePRESIDENT & TREASURERTitle
Base Compensation Filing Org203350BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org0NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org203350TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
GOVERNING BODY AND MANAGEMENTPART VI SECTION A LINE 3PROPERTIES OWNED THROUGH FORESIGHT'S AFFILIATES ARE MANAGED BY A CONTRACTED MANAGEMENT AGENT.
POLICIESPART VI SECTION B LINE 11bWILL BE REVIEWED BY THE FINANCE COMMITTEE WHICH IS FORESIGHT'S EXECUTIVE COMMITTEE AND WILL BE PROVIDED TO BOARD UPON REQUEST.
POLICIESPART VI SECTION B LINE 12CTHROUGH ANNUAL, WRITTEN CONFLICT OF INTEREST STATEMENTS BY BOARD MEMBERS.
POLICIESPART VI SECTION B LINE 15CONTRACTUAL NEGOTIATIONS BETWEEN THE EXECUTIVE COMMITTEE AND THE CEO AND APPROVED BY THE FULL BOARD.
DISCLOSURESPART VI SECTION C LINE 19MANUAL COPY AVAILABLE UPON REQUEST.
RECONCILIATION OF NET ASSETSPART XI LINE 9ADJUSTMENT TO FUND BALANCE RELATED TO CONVERSION FROM ACCRUAL TO CASH.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (14 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateTotal IncomeTotalIncomeEOY AssetsEOYAssetsBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
FORESIGHT AFFORDABLE HOUSING-PACIFIC CT
1395 Kersey laneRockvilleMD20854521979028HOUSINGNJ-273-1399FORESIGHT
FORESIGHT AFFORDABLE HOUSING-PINECREST
1395 Kersey laneRockvilleMD20854421631748HOUSINGNY4967356786976FORESIGHT
FORESIGHT AFFORDABLE HOUSING-GREENLEAF
1395 Kersey laneRockvilleMD20854205406892HOUSINGMO131655089933FORESIGHT
FORESIGHT AFFORDABLE HOUSING-VINELAND
1395 Kersey laneRockvilleMD20854331152027HOUSINGNJ-28-120FORESIGHT
FORESIGHT AFFORDABLE HOUSING-SPRING GARD
1395 Kersey laneRockvilleMD20854352323547HOUSINGNJ0100FORESIGHT
FORESIGHT AFFORDABLE HOUSING-EAST I
1395 KERSEY LANEROCKVILLEMD20854383787957HOUSINGNJ-1731FORESIGHT
FORESIGHT AFFORDABLE HOUSING-GLENNVIEW
1395 KERSEY LANEROCKVILLEMD20854521979028HOUSINGNJ-58-1569FORESIGHT
FORESIGHT AFFORDABLE HOUSING-CENTERVILLE
1395 KERSEY LANEROCKVILLEMD20854270978619HOUSINGNJ0-4FORESIGHT
FORESIGHT AFFORDABLE HOUSING-VILLAS WEST
1395 KERSEY LANEROCKVILLEMD20854383787956HOUSINGNJ-32-135FORESIGHT
FORESIGHT AFFORDABLE HOUSING-HOLDINGS
1395 KERSEY LANEROCKVILLEMD20854275206161HOUSINGNJ3769964414FORESIGHT
FORESIGHT AFFORDABLE HOUSING-MONTGOMERY
1395 KERSEY LANEROCKVILLEMD20854452349647HOUSINGNJ0100FORESIGHT
FORESIGHT AFFORDABLE HOUSING-MORGAN
1395 KERSEY LANEROCKVILLEMD20854451060168HOUSINGNJ-298FORESIGHT
FORESIGHT AFFORDABLE HOUSING-BAXTER PARK
1395 KERSEY LANEROCKVILLEMD20854452502185HOUSINGNJ00FORESIGHT
foresight affordable housing - lorena ll
1395 kersey lanerockvilleMD20854521979028housingCA00foresight

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrg
foresight affordable housing of md inc
1395 KERSEY LANEROCKVILLEMD20854521962141RENTALMD501(c)(3)9NAfalse
foresight affordable housing of pa inc
1395 KERSEY LANEROCKVILLEPA20854521910387RENTALPA501(c)(3)9NAfalse
FORESIGHT AFFORDABLE HOUSING-PENNSVILLe
1395 Kersey laneRockvilleMD20854222262967RENTALNJ501(c)(3)9NAfalse

Form990 Schedule R Part III Form990ScheduleRPartIII (18 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Predominant Income TypePredominantIncomeTypeShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssetsDisproportionate AllocationsDisproportionateAllocationsCode VCodeVAmountPercentage OwnershipPercentageOwnership
LAFAYETTE FAMILY PHASE II URBAN RENEWAL
3 EAST STOW ROAD SUITE 100MARLTONNJ08053200439982REAL ESTATENJFAH PACIFIC CTrental-273-1399false$00.00010
VINELAND ASSOCIATES LLC
3 EAST STOW ROAD SUITE 100MARLTONNJ08053260539415REAL ESTATENJFAH VINELANDrental-28-120false$00.00010
EAST I PRESERVATION LLC
3 EAST STOW ROAD SUITE 100MARLTONNJ08053REAL ESTATENJFAH EAST I LLCrental-1731false$00.00010
GLENNVIEW TOWNHOUSES URBAN RENEWAL ASSOC
3 EAST STOW ROAD suite 100MARLTONNJ08053271107874REAL ESTATENJFAH GLENNVIEWrental-58-1569false$00.00005
CENTERVILLE SOUTH URBAN RENEWAL ASSOCIAT
3 EAST STOW ROAD SUITE 100MARLTONNJ08053261797224REAL ESTATENJFAH CENTERVILLErental0-4false$00.00001
ATLANTIC CITY PRESERVATION LLC
3 EAST STOW ROAD SUITE 100MARLTONNJ08053260878703REAL ESATENJFAH-VILLAS WESTrental-32-135false$00.00010
OAK DALE APARTMENTS LTD
3 EAST STOW ROAD SUITE 100MARLTONNNJ08053630771104REAL ESTATENJFAH HOLDINGSrental239747765false$00.03000
HIGHLAND VIEW APARTMENTS LTD
3 EAST STOW ROAD SUITE 100MARLTONNJ08053630745020REAL ESTATENJFAH HOLDINGSrental13004130376false$00.20000
VILLAGE GREEN LTD
3 EAST STOW ROAD SUITE 100MARLTONNJ08053630842875REAL ESTATENJFAH HOLDINGSrental419450875false$00.10000
SUNFLOWER LANE APARTMENTS LTD
3 EAST STOW ROAD SUITE 100MARLTONNJ08053630771106REAL ESTATENJFAH HOLDINGSrental155717837false$00.01000
WOOD VILLAGE APARTMENTS LTD
3 EAST STOW ROAD SUITE 100MARLTONNJ08053630745036REAL ESTATENJFAH HOLDINGSrental509867568false$00.05000
MONTGOMERY SENIOR LIVING URBAN RENEWAL
PO BOX 994MARLTONNJ08053453164935REAL ESTATENJFAH-MONTGOMERYrental0100false$00.00005
MORGAN VILLAGE URBAN RENEWAL ASSOC LP
3 EAST STOW ROAD SUITE 100MARLTONNJ08053272534069REAL ESTATENJFAH-MORGAN VILLrental-298false$00.00001
Keller Court Ltd
3 East Stow Road Suite 100MarltonNJ08053630812275REAL ESTATENJFAH Holdingsrental9787145888false$00.10000
Driftwood Apartments Ltd
3 East Stow RoadMarltonNJ08053630807240REAL ESTATENJFAH Holdingsrental152011189false$00.05000
Moore Manor Apartments Ltd
3 East Stow RoadMarltonNJ08053630771843REAL ESTATENJFAH Holdingsrental139595false$00.02000
Lorena Apartments A California LP
3 East Stow RoadMarltonNJ08053263278793REAL ESTATECAFAH lorenarental00false$00.00000
baxter park south associates lp
3 e stow rd suite 100marltonNJ08053273008545real estateNJfah baxterrental00false$00.00002
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg