2012-10-01T08:59:03-05:00 2012-03-31 ASHER & COMPANY LTD 1801 MARKET STREET SUITE 1700 PHILADELPHIA PA 19103 990 2011-04-01 521979028 FORESIGHT AFFORDABLE HOUSING INC % THE MORGAN CONSULTANT GROUP FORE 6098232500 1395 KERSEY LANE ROCKVILLE MD 20854 MORTON BARUCH 2012-09-26 true MARGARET M ROBUS CPA MT 2155641900 2011 2016-02-24 21:20:13Z MORTON BARUCH 1395 KERSEY LANE ROCKVILLE MD 20854 3477359 false X N/A X 1996 NJ AN 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. 6 5 1 5 0 0 0 3389556 3334791 57239 116760 10705 25808 3457500 3477359 0 0 0 0 658799 808754 0 0 0 2895760 2670704 3554559 3479458 -97059 -2099 17179497 17969041 11768646 12560289 5410851 5408752 FORESIGHT 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. false false 410458 97810 The 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. 3069000 3236981 Operations of two housing projects. The first housing project has 130 units and the second housing project has 195 units. 3479458 true false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false false true 10 0 true 1 true false false false false false false false false false false X 6 5 false true false false false false false true true false false true true true true true true true false true true MD NJ NY X THE MORGAN CONSULTANT GROUP 6098228100 321 N FREDERICKSBURG AVE VENTNOR NJ 08406 X MORTON BARUCH 20.0 X X 111500 0 28781 DONALD REAPE 2.0 X X 10500 0 MORTON W SCHOMER 2.0 X X 10500 DR BRUCE JOHNSON 1.0 X 4500 GERALD F SCHWAM 1.0 X 3000 LYNDA BARNESS 1.0 X 0 140000 0 28781 1 false false false THE MORGAN CONSULTANT GROUP 321 N FREDERICKSBURG AVE VENTNOR NJ 08406 CONSULTING 117125 1 0 RENT REVENUE 3236981 3236981 MANAGEMENT FEES 65310 65310 FEE INCOME 32500 32500 3334791 116760 116760 0 0 0 0 0 0 MISCELLANEOUS 25808 25808 25808 3477359 3334791 142568 0 0 0 0 197237 197237 0 438286 438286 0 120026 120026 53205 53205 207923 207923 17366 17366 93408 93408 0 0 0 127792 127792 495 495 41459 41459 0 0 0 19055 19055 0 0 567339 567339 0 347867 347867 218449 218449 SUPPLIES 246179 246179 REAL ESTATE TAXES 276232 276232 UTILITIES 272638 272638 REPAIRS & MAINTENANCE 145233 145233 89269 89269 3479458 3479458 0 0 441931 853806 0 0 0 0 0 0 0 0 0 0 4898000 5888500 0 0 0 0 12067313 2077701 10300826 9989612 0 0 0 0 0 0 159531 154559 1379209 1082564 17179497 17969041 0 0 0 0 0 0 0 0 0 0 0 0 6413913 8321320 4898000 3888500 456733 350469 11768646 12560289 X 0 0 0 0 5410851 5408752 5410851 5408752 17179497 17969041 -2099 X false false false X X false false false FORESIGHT AFFORDABLE HOUSING OF MARYLAND INC 521962141 04 true 35310 FORESIGHT AFFORDABLE HOUSING OF PENNSYLVANIA INC 521910387 04 true 30000 2 65310 1445000 1445000 10579471 2035115 8544356 42842 42586 256 9989612 TENANT SECURITY DEPOSITS 61908 MORTGAGE ESCROW DEPOSITS 207434 REPLACEMENT RESERVES 706371 OTHER DEPOSITS 12779 INVESTMENT IN PENNSVILLE 70145 INVESTMENT IN VINELAND, LLC -92 INVESTMENT IN PACIFIC COURT -1126 INVESTMENT IN EAST I PRESERVAT 48 INVESTMENT IN ATLANTIC CITY -103 INVESTMENT IN CENTERVILLE SOUT -4 INVESTMENT IN GLENNVIEW TOWNHO -1511 INVESTMENT IN OAK DALE APARTME 2856 INVESTMENT IN HIGHLAND VIEW AP 13007 INVESTMENT IN VILLAGE GREEN 4195 INVESTMENT IN SUNFLOWER LANE 1558 INVESTMENT IN WOOD VILLAGE 5099 1082564 0 TENANT SECURITY DEPOSITS 61908 DUE TO RELATED PARTY 300 DUE TO OTHERS 67473 PURCHASE PRICE PAYABLE 220788 350469 GOVERNING BODY AND MANAGEMENT PART VI SECTION A LINE 3 PROPERTIES OWNED THROUGH FORESIGHT'S AFFILIATES ARE MANAGED BY A CONTRACTED MANAGEMENT AGENT. POLICIES PART VI SECTION B LINE 11b WILL BE REVIEWED BY THE FINANCE COMMITTEE WHICH IS FORESIGHT'S EXECUTIVE COMMITTEE AND WILL BE PROVIDED TO BOARD UPON REQUEST. POLICIES PART VI SECTION B LINE 12C THROUGH ANNUAL, WRITTEN CONFLICT OF INTEREST STATEMENTS BY BOARD MEMBERS. POLICIES PART VI SECTION B LINE 15 CONTRACTUAL NEGOTIATIONS BETWEEN THE EXECUTIVE COMMITTEE AND THE CEO AND APPROVED BY THE FULL BOARD. DISCLOSURES PART VI SECTION C LINE 19 MANUAL COPY AVAILABLE UPON REQUEST. FORESIGHT AFFORDABLE HOUSING-PACIFIC CT 1395 Kersey lane Rockville MD 20854 521979028 HOUSING NJ -336 -1126 FORESIGHT FORESIGHT AFFORDABLE HOUSING-PINECREST 1395 Kersey lane Rockville MD 20854 421631748 HOUSING NY 175141 6763763 FORESIGHT FORESIGHT AFFORDABLE HOUSING-GREENLEAF 1395 Kersey lane Rockville MD 20854 205406892 HOUSING MO 22350 5026610 FORESIGHT FORESIGHT AFFORDABLE HOUSING-VINELAND 1395 Kersey lane Rockville MD 20854 331152027 HOUSING NJ -24 -92 FORESIGHT FORESIGHT AFFORDABLE HOUSING-SPRING GARD 1395 Kersey lane Rockville MD 20854 352323547 HOUSING NJ 0 100 FORESIGHT FORESIGHT AFFORDABLE HOUSING-EAST I 1395 KERSEY LANE ROCKVILLE MD 20854 383787957 HOUSING NJ 86 48 FORESIGHT FORESIGHT AFFORDABLE HOUSING-GLENNVIEW 1395 KERSEY LANE ROCKVILLE MD 20854 521979028 HOUSING NJ -1511 -1511 FORESIGHT FORESIGHT AFFORDABLE HOUSING-CENTERVILLE 1395 KERSEY LANE ROCKVILLE MD 20854 270978619 HOUSING NJ -104 -4 FORESIGHT FORESIGHT AFFORDABLE HOUSING-VILLAS WEST 1395 KERSEY LANE ROCKVILLE MD 20854 383787956 HOUSING NJ 34 -103 FORESIGHT FORESIGHT AFFORDABLE HOUSING-HOLDINGS 1395 KERSEY LANE ROCKVILLE MD 20854 275206161 HOUSING NJ 26715 26715 FORESIGHT FORESIGHT AFFORDABLE HOUSING-MONTGOMERY 1395 KERSEY LANE ROCKVILLE MD 20854 452349647 HOUSING NJ 0 0 FORESIGHT FORESIGHT AFFORDABLE HOUSING-MORGAN 1395 KERSEY LANE ROCKVILLE MD 20854 451060168 HOUSING NJ 0 0 FORESIGHT FORESIGHT AFFORDABLE HOUSING-BAXTER PARK 1395 KERSEY LANE ROCKVILLE MD 20854 452502185 HOUSING NJ 0 0 FORESIGHT foresight affordable housing of md inc 1395 KERSEY LANE ROCKVILLE MD 20854 521962141 RENTAL MD 501(C)(3) 9 NA false foresight affordable housing of pa inc 1395 KERSEY LANE ROCKVILLE PA 20854 521910387 RENTAL PA 501(C)(3) 9 NA false FORESIGHT AFFORDABLE HOUSING-PENNSVILLe 1395 Kersey lane Rockville MD 20854 222262967 RENTAL NJ 501(C)(3) 9 NA false LAFAYETTE FAMILY PHASE II URBAN RENEWAL 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 200439982 REAL ESTATE NJ FAH PACIFIC CT RENTAL -336 -1126 false 0 true 0.00010 VINELAND ASSOCIATES LLC 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 260539415 REAL ESTATE NJ FAH VINELAND RENTAL -24 -92 false 0 true 0.00010 EAST I PRESERVATION LLC 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 REAL ESTATE NJ FAH EAST I LLC RENTAL -14 48 false 0 true 0.00010 GLENNVIEW TOWNHOUSES URBAN RENEWAL ASSOC 3 EAST STOW ROAD suite 100 MARLTON NJ 08053 271107874 REAL ESTATE NJ FAH GLENNVIEW RENTAL -1516 -1511 false 0 true 0.00500 CENTERVILLE SOUTH URBAN RENEWAL ASSOCIAT 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 261797224 REAL ESTATE NJ FAH CENTERVILLE RENTAL -104 -4 false 0 false 0.00001 ATLANTIC CITY PRESERVATION LLC 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 260878703 REAL ESATE NJ FAH-VILLAS WEST RENTAL -66 -103 false 0 true 0.00010 OAK DALE APARTMENTS LTD 3 EAST STOW ROAD SUITE 100 MARLTONN NJ 08053 630771104 REAL ESTATE NJ FAH HOLDINGS RENTAL 2855 45368 false false 0.03000 HIGHLAND VIEW APARTMENTS LTD 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 630745020 REAL ESTATE NJ FAH HOLDINGS RENTAL 13005 117372 false false 0.20000 VILLAGE GREEN LTD 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 630842875 REAL ESTATE NJ FAH HOLDINGS RENTAL 4194 46681 false false 0.10000 SUNFLOWER LANE APARTMENTS LTD 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 630771106 REAL ESTATE NJ FAH HOLDINGS RENTAL 1557 16280 false false 0.01000 WOOD VILLAGE APARTMENTS LTD 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 630745036 REAL ESTATE NJ FAH HOLDINGS RENTAL 5098 62470 false false 0.05000 MONTGOMERY SENIOR LIVING URBAN RENEWAL PO BOX 994 MARLTON NJ 08053 453164935 REAL ESTATE NJ FAH-MONTGOMERY RENTAL 0 100 false true 0.00005 MORGAN VILLAGE URBAN RENEWAL ASSOC LP 3 EAST STOW ROAD SUITE 100 MARLTON NJ 08053 272534069 REAL ESTATE NJ FAH-MORGAN VILL RENTAL 0 1 false false 0.00005 false false false false false false false false false false false false false false false false false false