MORRIS COUNTY AFFORDABLE HOUSING CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MORRIS COUNTY AFFORDABLE HOUSING CORPORATION (EIN 22-3369954)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-21
IRS object ID: 201221429349300562
Schema version: 2011v1.2
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)
Timestamp	2012-05-21T13:30:11-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HYMANSON PARNES & GIAMPAOLO PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	467 MIDDLETOWN LINCROFT RD	AddressLine1
City	LINCROFT	City
State	NJ	State
ZIP Code	077381123	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	223369954	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MORRIS COUNTY AFFORABLE HOUSING COR	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MORR	NameControl
Phone	9735400389	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	99 KETCH ROAD	AddressLine1
City	MORRISTOWN	City
State	NJ	State
ZIP Code	07960	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERTA STRATER	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	9735400389	Phone
Date Signed	2012-05-15	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ANTHONY GIAMPAOLO CPA	Name
Phone	7328424550	Phone
Date Prepared	2012-05-21	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	1112146	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2005	YearFormation
State Legal Domicile	NJ	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING TO LOW AND VERY LOW INCOME FAMILIES IN THE COUNTY OF MORRIS, NJ.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	786736	ContributionsGrantsPriorYear
Contributions Grants Current Year	1106763	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	3477	InvestmentIncomePriorYear
Investment Income Current Year	5383	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	790213	TotalRevenuePriorYear
Total Revenue Current Year	1112146	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	13050	SalariesEtcPriorYear
Salaries Etc Current Year	48759	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	14656	OtherExpensePriorYear
Other Expenses Current Year	37466	OtherExpensesCurrentYear
Total Expenses Prior Year	27706	TotalExpensesPriorYear
Total Expenses Current Year	86225	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	762507	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1025921	RevenuesLessExpensesCY
Total Assets BOY	1888495	TotalAssetsBOY
Total Assets EOY	2921589	TotalAssetsEOY
Total Liabilities EOY	7173	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1888495	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2914416	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING TO LOW AND VERY LOW INCOME FAMILIES IN THE COUNTY OF MORRIS, NJ.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PROVIDE LOW INCOME HOUSING	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	28296	Expense
Description	PROVIDE LOW INCOME HOUSING	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	28296	TotalOfOtherProgramServiceExp
Total Program Service Expense	28296	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	0	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NJ	StatesWhereCopyOfReturnIsFiled

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MORRIS COUTY HA	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	9735400389	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	99 KETCH ROAD	AddressLine1
City	MORRISTOWN	City
State	NJ	State
ZIP Code	07960	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
ELIZABETH P DENECKE
TRUSTEE	X	0	0	0
SHELIA CARTER
TRUSTEE	X	0	0	0
RICHARD G TAPPEN
CHAIRMAN	X	0	0	0
MIRIAM BANKS
TRUSTEE	X	0	0	0
SIDNEY WILLIAMS
TRUSTEE	X	0	0	0
ROBERTA STRATER
E.D.		0	0	0	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	1061455	GovernmentGrants
All Other Contributions	45308	AllOtherContributions
Total Contributions	1106763	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5383	TotalRevenueColumn
Exclusion	$5,383	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1112146	TotalRevenueColumn
Exclusion	$5,383	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	37635	Total
Management And General	37635	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	11124	Total
Management And General	11124	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	26505	Total
Program Services	26505	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	2740	Total
Management And General	2740	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	8221	Total
Program Services	1791	ProgramServices
Management And General	6430	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	86225	Total
Program Services	28296	ProgramServices
Management And General	57929	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	953324	BOY
EOY	414343	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	1478673	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	73497	BOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1028573	LandBuildingsEquipmentBasis

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	861674	BOY
EOY	1028573	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1888495	BOY
EOY	2921589	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
EOY	7173	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	7173	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1026821	BOY
EOY	1885843	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	861674	BOY
EOY	1028573	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1888495	BOY
EOY	2914416	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1888495	BOY
EOY	2921589	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	1025921	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33050	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	189896	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	42928	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	786736	CurrentTaxYearMinus1Year
Current Tax Year	1106763	CurrentTaxYear
Total	2159373	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33050	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	189896	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	42928	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	786736	CurrentTaxYearMinus1Year
Current Tax Year	1106763	CurrentTaxYear
Total	2159373	Total

Field	Value	IRS element (for citing)
Public Support Total170	2159373	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	19988	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	8607	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3636	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3477	CurrentTaxYearMinus1Year
Current Tax Year	5383	CurrentTaxYear
Total	41091	Total

Field	Value	IRS element (for citing)
Total Support	2200464	TotalSupport
Public Support Pertcentage170	0.98130	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.95490	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1028573	InvestmentCostOrOtherBasis
Book Value	1028573	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1028573	TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	PROVIDE LOW INCOME HOUSING
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC