SHALOM TOWERS INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: SHALOM TOWERS INC (EIN 22-2260993)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-04-29
IRS object ID: 202511199349302916
Schema version: 2023v6.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-04-29T17:03:18-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	582646754	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CARTER & COMPANY CPAS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 279	AddressLine1Txt
City	DESTIN	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32540	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	222260993	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHALOM TOWERS INC	BusinessNameLine1Txt
Business Name Line2	C/O COMMUNITY REALTY MANAGEMENT INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SHAL	BusinessNameControlTxt
Phone	6096468861	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7301 MARSHALL AVENUE	AddressLine1Txt
City	VENTNOR	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08406	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	YALE STEINGARD	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6096468861	PhoneNum
Signature	2025-04-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SAMUEL T BOERMA	PreparerPersonNm
PTIN	P00614373	PTIN
Phone	8506500125	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	YALE STEINGARD	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 NORTH 31ST AVE	AddressLine1Txt
City	LONGPORT	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08403	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,720,580	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1982	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE DECENT, AFFORABLE HOUSING FOR LOW-INCOME ELEDERLY AND DISABLED ON A NON-PROFIT BASIS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$64,058	PYContributionsGrantsAmt
CY Contributions Grants	$50,000	CYContributionsGrantsAmt
PY Program Service Revenue	$2,572,686	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,668,971	CYProgramServiceRevenueAmt
PY Investment Income	$1,107	PYInvestmentIncomeAmt
CY Investment Income	$1,609	CYInvestmentIncomeAmt
PY Other Revenue	$11,333	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$2,649,184	PYTotalRevenueAmt
CY Total Revenue	$2,720,580	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$646,908	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$645,743	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,940,553	PYOtherExpensesAmt
CY Other Expenses	$1,933,762	CYOtherExpensesAmt
PY Total Expenses	$2,587,461	PYTotalExpensesAmt
CY Total Expenses	$2,579,505	CYTotalExpensesAmt
PY Revenues Less Expenses	$61,723	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$141,075	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,850,637	TotalAssetsBOYAmt
Total Assets EOY	$5,158,038	TotalAssetsEOYAmt
Total Liabilities BOY	$6,508,901	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,675,227	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$2,658,264	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$2,517,189	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,340,074	ExpenseAmt
Revenue	$2,650,847	RevenueAmt
Desc	TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS BY OPERATING A 150-UNIT APARTMENT COMPLEX.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$99,301	ExpenseAmt
Revenue	$18,124	RevenueAmt
Desc	TO PROVIDE SOCIAL SERVICES AND OTHER ANCILLARY SERVICES TO RESIDENTS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$2,439,375	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	25	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COMMUNITY REALTY MANAGEMENT INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6096468861	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36 SOUTH MAIN STREET	AddressLine1Txt
City	PLEASANTVILLE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08232	ZIPCd

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

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
SHANE CONESKY
TRUSTEE	1.00	Yes (X)	$0	$0	$0
ELLIOTT KRAUS
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
MCKINSEY ALSTON
TRUSTEE	1.00	Yes (X)	$0	$0	$0
YALE STEINGARD
PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
FAYE THOMPSON
TRUSTEE	1.00	Yes (X)	$0	$0	$0
RICHARD PRINCE
TRUSTEE	1.00	Yes (X)	$0	$0	$0
RYAN BRENNER
TRUSTEE	1.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
TRI-COUNTY SECURITY NJ
1142 E CHESTNUT AVENUE	VINELAND	NJ	08360	SECURITY	$200,779
COMMUNITY REALTY MANAGEMENT CORP
36 S MAIN STREET	PLEASANTVILLE	NJ	08232	MANAGEMENT	$104,984

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Related Organizations	$50,000	RelatedOrganizationsAmt
Total Contributions	$50,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME	531110	$2,642,303	$2,642,303
COMMISSARY INCOME	531110	$18,124	$18,124
LAUNDRY & VENDING	531110	$8,544	$8,544

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,668,971	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,609	TotalRevenueColumnAmt
Exclusion	$1,609	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,720,580	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,668,971	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,609	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$508,451	TotalAmt
Program Services	$508,451	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$89,201	TotalAmt
Program Services	$89,201	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$48,091	TotalAmt
Program Services	$48,091	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$104,984	TotalAmt
Management And General	$104,984	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$750	TotalAmt
Management And General	$750	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$14,133	TotalAmt
Management And General	$14,133	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$875	TotalAmt
Program Services	$875	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$40,417	TotalAmt
Program Services	$40,417	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$390,798	TotalAmt
Program Services	$390,798	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$99	TotalAmt
Management And General	$99	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$263,281	TotalAmt
Program Services	$263,281	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$212,237	TotalAmt
Program Services	$212,237	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$215,693	TotalAmt
Program Services	$215,693	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
REPAIRS & MAINTENANCE	$317,653	$317,653
SECURITY CONTRACT	$244,379	$244,379
RESIDENT & SOCIAL SERVI	$82,656	$82,656
MISCELLANEOUS ADMINISTR	$20,164		$20,164

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$25,643	TotalAmt
Program Services	$25,643	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,579,505	TotalAmt
Program Services	$2,439,375	ProgramServicesAmt
Management And General	$140,130	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$125,732	BOYAmt
EOY	$151,486	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,510,290	BOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$12,402	BOYAmt
EOY	$7,447	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$178,678	BOYAmt
EOY	$162,126	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$13,465,060	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$11,480,329	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,023,535	BOYAmt
EOY	$1,984,731	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$1,221,090	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$1,631,158	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,850,637	BOYAmt
EOY	$5,158,038	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$113,843	BOYAmt
EOY	$176,526	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$10,816	BOYAmt
EOY	$13,533	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$6,323,525	BOYAmt
EOY	$7,423,883	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$60,717	BOYAmt
EOY	$61,285	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,508,901	BOYAmt
EOY	$7,675,227	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$2,658,264	BOYAmt
EOY	-$2,517,189	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$2,658,264	BOYAmt
EOY	-$2,517,189	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,850,637	BOYAmt
EOY	$5,158,038	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$141,075	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$30,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$45,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$64,058	CurrentTaxYearMinus1YearAmt
Current Tax Year	$50,000	CurrentTaxYearAmt
Total	$219,058	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,433,052	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,472,939	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,502,136	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,584,019	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,668,971	CurrentTaxYearAmt
Total	$12,661,117	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,463,052	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,502,939	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,547,136	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,648,077	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,718,971	CurrentTaxYearAmt
Total	$12,880,175	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$12,880,175	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$353	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$132	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$135	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,107	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,609	CurrentTaxYearAmt
Total	$3,336	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$353	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$132	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$135	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,107	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,609	CurrentTaxYearAmt
Total	$3,336	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,463,405	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,503,071	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,547,271	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,649,184	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,720,580	CurrentTaxYearAmt
Total	$12,883,511	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99970	PublicSupportCY509Pct
Public Support PY509	0.99980	PublicSupportPY509Pct
Investment Income CY	0.00030	InvestmentIncomeCYPct
Investment Income PY	0.00020	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

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

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,919,950	OtherCostOrOtherBasisAmt
Depreciation	$9,477,156	DepreciationAmt
Book Value	$1,442,794	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,074,668	OtherCostOrOtherBasisAmt
Depreciation	$1,914,339	DepreciationAmt
Book Value	$160,329	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$210,290	OtherCostOrOtherBasisAmt
Depreciation	$88,834	DepreciationAmt
Book Value	$121,456	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,984,731	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
MORTGAGE ESCROWS	$56,425
REPLACEMENT RESERVE	$1,428,451
RESIDUAL RECEIPTS	$67,835
TENANT SECURITY DEPOSITS	$78,447

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$1,631,158	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	TENANT SECURITY DEPOSITS	Desc
Amt	$61,285	Amt

Field	Value	IRS element (for citing)
Total Liability	$61,285	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$2,719,379	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$2,719,379	RevenueSubtotalAmt
Other Revenues Not Included	$1,201	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$1,201	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$2,720,580	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,578,304	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,578,304	ExpensesSubtotalAmt
Other Expenses Not Included	$1,201	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$1,201	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,579,505	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	COMMISSARY EXPENSES NETTED IN AUDIT INCOME 1,201.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	COMMISSARY EXPENSES NETTED IN AUDIT INCOME 1,201.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE DISCUSSED AND APPROVED DURING A BOARD MEETING PRIOR TO ISSUANCE.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING 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, ETC	SHANE 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

Field	Value	IRS element (for citing)
Business Name Line1	SHALOM HOUSING DEVELOPMENT INC CO CRM	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36 SOUTH MAIN STREET	AddressLine1Txt
City	PLEASANTVILLE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08232	ZIPCd

Field	Value	IRS element (for citing)
EIN	475142235	EIN
Primary Activities	TO SERVE AS A DEVELOPER TO ASSIST SHALOM TOWERS INC.	PrimaryActivitiesTxt
Legal Domicile State	NJ	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	LINE 12B, II	PublicCharityStatusTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	SHALOM HOUSING DEVELOPMENT INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	C	TransactionTypeTxt
Involved	$50,000	InvolvedAmt
Method Of Amount Determination	COST	MethodOfAmountDeterminationTxt