2023-11-13T13:29:42-06:00 2023-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2022-07-01 060870134 NEW HAVEN JEWISH COMMUNITY COUNCIL HOUSING CORPORATION D/B/A THE TOWERS NEWH 2037721816 18 TOWER LANE NEW HAVEN CT 06519 GUSTAVE KEACH-LONGO PRESIDENT/CEO 2037721816 2023-11-10 1 GUSTAVE KEACH-LONGO 999009999 1 PATRICIA MCGOWAN P00184514 9592007000 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GUSTAVE KEACH-LONGO 18 TOWER LANE NEW HAVEN CT 06519 8597965 0 X N/A X 1969 CT WE ARE A WARM AND VIBRANT SENIOR COMMUNITY, INFUSED WITH JEWISH VALUES, WHERE PEOPLE LIVE THEIR BEST LIVES. 15 14 59 345 0 0 693087 1134886 7051038 7048599 9072 105110 164415 309370 7917612 8597965 0 0 0 0 2343543 2503884 0 0 0 6680677 6460366 9024220 8964250 -1106608 -366285 29407361 30576183 13227918 14763025 16179443 15813158 WE ARE A WARM AND VIBRANT SENIOR COMMUNITY, INFUSED WITH JEWISH VALUES, WHERE PEOPLE LIVE THEIR BEST LIVES. 0 0 8945441 7357969 THE CORPORATION OWNS AND OPERATES AN APARTMENT COMPLEX OF 328 UNITS PROVIDING HOUSING AND ASSOCIATED SERVICES FOR THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 8945441 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 52 0 1 59 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GUSTAVE KEACH-LONGO 2037721816 18 TOWER LANE NEW HAVEN CT 06519 CINDY LEFFELL CHAIR 3.00 1.00 X X 0 0 0 DONNA FEDUS DIRECTOR 1.00 X 0 0 0 DR STEPHANIE JACOBSON DIRECTOR 1.00 X 0 0 0 GAYLE SLOSSBERG DIRECTOR 1.00 X 0 0 0 INA SILVERMAN DIRECTOR 1.00 X 0 0 0 JAMIE ZUBKOFF VICE CHAIR 1.00 1.00 X X 0 0 0 LINDA CEDARBAUM CHAIR ELECT 2.00 1.00 X X 0 0 0 LINDA RANDELL SECRETARY 1.00 1.00 X X 0 0 0 LORI BROCHIN TREASURER 1.00 1.00 X X 0 0 0 MARC OLINS DIRECTOR 1.00 X 0 0 0 RENEE DRELL DIRECTOR 1.00 X 0 0 0 ROBERT COLE DIRECTOR 1.00 1.00 X 0 0 0 ROBERT GITTLEMAN DIRECTOR 1.00 X 0 0 0 ROBERT KATZ DIRECTOR 1.00 X 0 0 0 SAMMY PARRY DIRECTOR 1.00 X 0 0 0 GUSTAVE KEACH-LONGO PRESIDENT/CEO 30.00 5.00 X 220298 0 24707 JOHN HEYDER CFO 30.00 5.00 X 120966 0 25976 JENNIFER BARON BAYER VICE PRESIDENT OF STRATEGIC INITIATIVES 17.50 17.50 X 104042 0 11114 JESSE WESCOTT ASSISTANT VICE PRESIDENT 30.00 5.00 X 100227 0 28050 545533 0 89847 4 0 1 0 MORRISON PO BOX 102289 ATLANTA GA 303682289 DINING/CAF GOODS & SERVICES 1648410 NEWMAN ARCHITECTS 300 YORK STREET NEW HAVEN CT 06511 ARCHITECTURE & DESIGN 363060 ROBERT JAMES RESTORATION 16 PLANK LANE GLASTONBURY CT 06519 CONSTRUCTION/FLOOD DAMANGE REPAIRS 188833 GOODY'S LLC 540 MAIN STREET EAST HAVEN CT 06512 MAINTENANCE SUPPLIES & APPLIANCES 158774 CAMA INCORPORATED 31 AUDUBON ST NEW HAVEN CT 06514 ARCHITECTURE & DESIGN 106779 6 1134886 1134886 RENTAL INCOME 531110 6196353 6196353 RESIDENT SERVICES REVE 623990 852246 852246 7048599 98136 98136 6974 0 6974 6974 6974 INSURANCE CLAIM 531110 267321 267321 TENANT FEES 531110 27110 27110 LAUNDRY INCOME 531110 14719 14719 220 220 309370 8597965 7357969 0 105110 408570 408570 1582032 1582032 128906 128906 193084 193084 191292 191292 38862 38862 18809 18809 73905 73905 339100 339100 750462 750462 451920 451920 1330083 1330083 168769 168769 NURSING HOME/ASSISTED L 1692750 1692750 REPAIR & MAINTENANCE 1464912 1464912 LEASE EXPENSES 113969 113969 BAD DEBT EXPENSES 11701 11701 5124 5124 8964250 8945441 18809 0 1357526 1121925 4675678 4118468 35000 224796 188362 62440 153630 47146196 23497905 23051921 23648291 1345507 29407361 30576183 559576 889419 11013 6744 11727982 11509574 929347 2357288 13227918 14763025 X 16179443 15813158 16179443 15813158 29407361 30576183 -366285 0 X 0 1 X 1 1 1 X 381035 364175 708894 693087 1134886 3282077 5920593 6019425 7123066 7051038 7048599 33162721 6301628 6383600 7831960 7744125 8183485 36444798 100465 276067 180935 142929 700396 0 100465 276067 180935 142929 700396 35744402 5819 4764 2013 9072 98136 119804 5819 4764 2013 9072 98136 119804 59019 40120 67842 164415 309370 640766 6366466 6428484 7901815 7917612 8590991 37205368 0.96070 0.98770 0.00320 0.00090 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TENANT FEES - 2018 AMOUNT: $ 42,702. 2019 AMOUNT: $ 15,008. 2020 AMOUNT: $ 37,273. 2021 AMOUNT: $ 27,472. 2022 AMOUNT: $ 27,110. OTHER INCOME - 2018 AMOUNT: $ 16,317. 2019 AMOUNT: $ 3,839. 2020 AMOUNT: $ 610. 2021 AMOUNT: $ 85. 2022 AMOUNT: $ 220. LAUNDRY INCOME - 2019 AMOUNT: $ 21,273. 2020 AMOUNT: $ 19,507. 2021 AMOUNT: $ 21,444. 2022 AMOUNT: $ 14,719. INSURANCE CLAIM - 2020 AMOUNT: $ 10,452. 2021 AMOUNT: $ 115,414. 2022 AMOUNT: $ 267,321. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191872 191872 36319881 20346754 15973127 10634443 3151151 7483292 23648291 SECURITY DEPOSITS 287776 MISCELLANEOUS CURRENT LIABILITIES 793367 LEASE LIABILITY 1276145 2357288 X 8597965 0 8597965 0 8597965 8964250 0 8964250 0 8964250 PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (THE "IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 REMAIN OPEN. X X X 0 0 0 0 0 0 0 0 0 GUSTAVE KEACH-LONGO PRESIDENT/CEO 220298 0 0 0 0 0 22911 0 1796 0 245005 0 0 0 GOODYSROBERT KATZ BOARD MEMBER 158774 PURCHASE OF MATERIALS FROM BUSINESS 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND MANAGEMENT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EVERY KEY PERSON SHALL ANNUALLY COMPLETE A "FORM 990 BOARD DISCLOSURE/QUESTIONNAIRE" FORM AND SUBMIT IT TO THE PRESIDENT/CEO EACH FALL. THE QUESTIONNAIRE OF EACH DIRECTOR, SENIOR ADMINISTRATIVE EMPLOYEE AND COMMITTEE MEMBER WILL BE REVIEWED BY THE CHAIR OF THE BOARD (OR SUCH OTHER DIRECTOR(S) DESIGNATED BY THE CHAIR) AND THE PRESIDENT/CEO; THE VICE CHAIR(S) OF THE BOARD WILL REVIEW THE QUESTIONNAIRES OF THE CHAIR AND THE PRESIDENT/CEO. IF, PRIOR TO THE NEXT ANNUAL DISCLOSURE, ANY KEY PERSON OBTAINS OR DEVELOPS A FINANCIAL OR NONFINANCIAL INTEREST THAT WAS NOT PREVIOUSLY DISCLOSED, THE KEY PERSON SHALL PROMPTLY DISCLOSE THE INTEREST BY COMPLETING A REVISED QUESTIONNAIRE. NO KEY PERSON WHO HAS A CONFLICT OF INTEREST ON A MATTER SHALL PARTICIPATE IN SUBSTANTIVE DELIBERATIONS OR VOTE ON THAT MATTER OR BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING AT WHICH THE VOTE IS TAKEN, EVEN WHEN PERMITTED BY LAW. NO KEY PERSON WHO HAS A CONFLICT OF INTEREST ON A MATTER SHALL USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS TO DISCUSS CEO PERFORMANCE AND MAKES RECOMMENDATIONS TO THE BOARD. THE CEO PERFORMS PERFORMANCE EVALUATIONS OF OFFICERS/KEY EMPLOYEES AND OBTAINS COMPARABILITY DATA TO SUBSTANTIATE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS CAN BE VIEWED PER REQUEST AT THE NEW HAVEN COMMUNITY COUNCIL HOUSING MANAGEMENT OFFICE IN NEW HAVEN CT. TOWERS FOUNDATION INC 18 TOWER LANE NEW HAVEN CT 06519 061331831 TENANT ACTIVITIES CT 501(C)(3) LINE 7 NEW HAVEN JEWISH COMMUNITY COUNCIL HOUSING CORPORATION 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 TOWERS FOUNDATION S 142929 FMV TOWERS FOUNDATION Q 155619 FMV