BETA

SHALOM TOWERS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SHALOM TOWERS INC (EIN 22-2260993)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-03-26
IRS object ID
202420869349300047
Schema version
2022v5.0
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)
Return2024-03-26T14:54:33-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222097516PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CAPALDI REYNOLDS & PELOSI PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1332 TILTON ROADAddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08225ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222260993EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHALOM TOWERS INCBusinessNameLine1Txt
Business Name Line2C/O COMMUNITY REALTY MANAGEMENT INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSHALBusinessNameControlTxt
Phone6096468861PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17301 MARSHALL AVENUEAddressLine1Txt
CityVENTNORCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08406ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYALE STEINGARDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6098224776PhoneNum
Signature2024-03-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstYALEPersonFirstNm
Person LastSTEINGARDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY A WILSONPreparerPersonNm
PTINP01328560PTIN
Phone6096414000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerYALE STEINGARDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 NORTH 31ST AVEAddressLine1Txt
CityLONGPORTCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08403ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,649,184GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$45,000PYContributionsGrantsAmt
CY Contributions Grants$64,058CYContributionsGrantsAmt
PY Program Service Revenue$2,492,988PYProgramServiceRevenueAmt
CY Program Service Revenue$2,572,686CYProgramServiceRevenueAmt
PY Investment Income$135PYInvestmentIncomeAmt
CY Investment Income$1,107CYInvestmentIncomeAmt
PY Other Revenue$9,148PYOtherRevenueAmt
CY Other Revenue$11,333CYOtherRevenueAmt
PY Total Revenue$2,547,271PYTotalRevenueAmt
CY Total Revenue$2,649,184CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$631,435PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$646,908CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,891,433PYOtherExpensesAmt
CY Other Expenses$1,940,553CYOtherExpensesAmt
PY Total Expenses$2,522,868PYTotalExpensesAmt
CY Total Expenses$2,587,461CYTotalExpensesAmt
PY Revenues Less Expenses$24,403PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$61,723CYRevenuesLessExpensesAmt
Total Assets BOY$3,906,732TotalAssetsBOYAmt
Total Assets EOY$3,850,637TotalAssetsEOYAmt
Total Liabilities BOY$6,626,719TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,508,901TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$2,719,987NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$2,658,264NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,045,200ExpenseAmt
Revenue$2,566,419RevenueAmt
DescTO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$64,636ExpenseAmt
Revenue$17,600RevenueAmt
DescTO PROVIDE SOCIAL SERVICES AND OTHER ANCILLARY SERVICES TO RESIDENTS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,109,836TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee10EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY REALTY MANAGEMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6096468861PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line136 SOUTH MAIN STREETAddressLine1Txt
CityPLEASANTVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08232ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SHANE CONESKY
TRUSTEE1.00Yes (X)$0$0$0
ELLIOTT KRAUS
SECRETARY2.00Yes (X)$0$0$0Yes (X)
MCKINSEY ALSTON
TRUSTEE1.00Yes (X)$0$0$0
YALE STEINGARD
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
FAYE THOMPSON
TRUSTEE1.00Yes (X)$0$0$0
RICHARD PRINCE
TRUSTEE1.00Yes (X)$0$0$0
RYAN BRENNER
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$35,000RelatedOrganizationsAmt
All Other Contributions$29,058AllOtherContributionsAmt
Total Contributions$64,058TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
APARTMENT RENTS531110$2,555,086$2,555,086
COMMISSARY REVENUE531110$17,600$17,600
FieldValueIRS element (for citing)
Total Program Service Revenue$2,572,686TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,107TotalRevenueColumnAmt
Exclusion$1,107ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LAUNDRY AND VENDING531110$10,893$10,893
TENANT CHARGES531110$405$405
CLEANING INCOME531110$35$35
FieldValueIRS element (for citing)
Other Revenue Total$11,333OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,649,184TotalRevenueColumnAmt
Related Or Exempt Func Income$2,584,019RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,107ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$491,109TotalAmt
Program Services$294,486ProgramServicesAmt
Management And General$196,623ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$109,220TotalAmt
Program Services$54,108ProgramServicesAmt
Management And General$55,112ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$46,579TotalAmt
Program Services$23,075ProgramServicesAmt
Management And General$23,504ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$102,527TotalAmt
Management And General$102,527ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,650TotalAmt
Management And General$18,650ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,153TotalAmt
Management And General$2,153ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$43,368TotalAmt
Management And General$43,368ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$629,632TotalAmt
Program Services$613,552ProgramServicesAmt
Management And General$16,080ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$155TotalAmt
Management And General$155ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$315,276TotalAmt
Program Services$315,276ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$243,421TotalAmt
Program Services$243,421ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$167,620TotalAmt
Program Services$167,620ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONTRACTS$217,964$217,964
SOCIAL SERVICE EXPENSES$64,636$64,636
MAINTENANCE SUPPLIES$36,925$36,925
MORTGAGE INSURANCE PREM$34,127$34,127

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$64,099TotalAmt
Program Services$44,646ProgramServicesAmt
Management And General$19,453ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,587,461TotalAmt
Program Services$2,109,836ProgramServicesAmt
Management And General$477,625ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$181,593BOYAmt
EOY$125,732EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,369,844BOYAmt
EOY$1,510,290EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,377BOYAmt
EOY$12,402EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$173,750BOYAmt
EOY$178,678EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,337,855LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,314,320LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,176,168BOYAmt
EOY$2,023,535EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,906,732BOYAmt
EOY$3,850,637EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$120,575BOYAmt
EOY$113,843EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,537BOYAmt
EOY$10,816EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,438,507BOYAmt
EOY$6,323,525EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$58,100BOYAmt
EOY$60,717EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,626,719BOYAmt
EOY$6,508,901EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$2,719,987BOYAmt
EOY-$2,658,264EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$2,719,987BOYAmt
EOY-$2,658,264EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,906,732BOYAmt
EOY$3,850,637EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$61,723ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,204CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$45,000CurrentTaxYearMinus1YearAmt
Current Tax Year$64,058CurrentTaxYearAmt
Total$181,262TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,368,433CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,433,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,472,939CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,502,136CurrentTaxYearMinus1YearAmt
Current Tax Year$2,584,019CurrentTaxYearAmt
Total$12,360,579TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,380,637CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,463,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,502,939CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,547,136CurrentTaxYearMinus1YearAmt
Current Tax Year$2,648,077CurrentTaxYearAmt
Total$12,541,841TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$12,541,841PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$389CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$353CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$135CurrentTaxYearMinus1YearAmt
Current Tax Year$1,107CurrentTaxYearAmt
Total$2,116TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$389CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$353CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$135CurrentTaxYearMinus1YearAmt
Current Tax Year$1,107CurrentTaxYearAmt
Total$2,116TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,381,026CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,463,405CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,503,071CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,547,271CurrentTaxYearMinus1YearAmt
Current Tax Year$2,649,184CurrentTaxYearAmt
Total$12,543,957TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99980PublicSupportCY509Pct
Public Support PY5090.99990PublicSupportPY509Pct
Investment Income CY0.00020InvestmentIncomeCYPct
Investment Income PY0.00010InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$260,152OtherCostOrOtherBasisAmt
Book Value$260,152BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,123,427OtherCostOrOtherBasisAmt
Depreciation$8,123,427DepreciationAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,757,854OtherCostOrOtherBasisAmt
Depreciation$1,253,297DepreciationAmt
Book Value$1,504,557BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$760,275OtherCostOrOtherBasisAmt
Depreciation$673,715DepreciationAmt
Book Value$86,560BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,436,147OtherCostOrOtherBasisAmt
Depreciation$1,263,881DepreciationAmt
Book Value$172,266BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,023,535TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescSECURITY DEPOSITSDesc
Amt$60,717Amt
FieldValueIRS element (for citing)
Total Liability$60,717TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,649,184TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,649,184RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,649,184TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,587,461TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,587,461ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,587,461TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT HAS EVALUATED UNCERTAIN TAX POSITIONS TAKEN BY THE ORGANIZATION. THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ARE RECOGNIZED WHEN THE POSITION IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, TO BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER TAXING AUTHORITY. THE ORGANIZATION HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE DISCUSSED AND APPROVED DURING A BOARD MEETING PRIOR TO ISSUANCE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR EXAMINATION IN THE BUSINESS OFFICE UPON REQUEST. FORM 990 IS AVAILABLE UPON REQUEST AND CAN ALSO BE OBTAINED VIA THE WEBSITE WWW.GUIDESTAR.ORG.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETCSHANE CONESKY - 7301 MARSHALL AVE., VENTNOR, NJ 08406. ELLIOTT KRAUS - 24 HARBOR LANE, MARGATE, NJ 08402. MCKINSEY ALSTON - 7301 MARSHALL AVE., VENTNOR, NJ 08406. YALE STEINGARD - 5 NORTH 31ST AVENUE, LONGPORT, NJ 08403. FAYE THOMPSON - 7507 BURK AVE., MARGATE, NJ 08402. RICHARD PRINCE - 7301 MARSHALL AVE., VENTNOR, NJ 08406. RYAN BRENNER - 7301 MARSHALL AVE., VENTNOR, NJ 08406.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SHALOM HOUSING DEVELOPMENT INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O CRM 36 SOUTH MAIN STREETAddressLine1Txt
CityPLEASANTVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08232ZIPCd
FieldValueIRS element (for citing)
EIN475142235EIN
Primary ActivitiesTO SERVE AS A DEVELOPER TO ASSIST SHALOM TOWERS INC.PrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12B, IIPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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