2022-02-15T15:41:29-06:00 2021-03-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-04-01 521061448 ST MARY'S COURT HOUSING DEVELOPMENT CORP STMA 2022235684 725 24TH STREET NW WASHINGTON DC 20037 EVAN CARMEN TREASURER 2022235684 2022-02-15 1 EVAN CARMEN XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2022-02-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LINDA COUCH 725 24TH STREET NW WASHINGTON DC 20037 3368368 0 X WWW.STMARYSCOURT.ORG X 1976 DC TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY. 15 15 0 15 1575 0 25230 12850 2841325 3154175 13438 -5312 29179 12311 2909172 3174024 0 0 0 0 0 0 0 0 0 2862701 3650484 2862701 3650484 46471 -476460 5607403 13020545 6272982 13958901 -665579 -938356 TO PROVIDE AFFORDABLE HOUSING AND RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 3468986 3154175 ST. MARY'S COURT HOUSING DEVELOPMENT CORPORATION WAS CHARTERED ON JUNE 22, 1976 UNDER THE LAWS OF THE DISTRICT OF COLUMBIA TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 140 UNITS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT KNOWN AS ST. MARY'S COURT, IN WHICH LOW-INCOME HOUSING IS PROVIDED TO THE ELDERLY. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. 3468986 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 DC X SPM LLC 2059331020 1103 RICHARD ARRINGTON JR BLVD S BIRMINGHAM AL 35205 X LINDA COUCH PRESIDENT 0.30 X X 0 0 0 ROBERT L JAYES MD VICE PRESIDENT 0.30 X X 0 0 0 REV E BERNARD ANDERSON JR SECRETARY 0.30 X X 0 0 0 EVAN S CARMEN TREASURER 0.30 X X 0 0 0 EUGENE AARON DIRECTOR 0.30 X 0 0 0 STEPHANIE R MARTIN DIRECTOR 0.30 X 0 0 0 KEVIN MICHAEL DAYS DIRECTOR 0.30 X 0 0 0 LETITIA GARDNER DIRECTOR 0.30 X 0 0 0 JOSEPH T HOWELL DIRECTOR 0.30 X 0 0 0 PHYLLIS KRAMER DIRECTOR 0.30 X 0 0 0 MICHELLE MCGRATH DIRECTOR 0.30 X 0 0 0 LAVERNE G NAUGHTON DIRECTOR 0.30 X 0 0 0 GERALD A PEREZ DIRECTOR 0.30 X 0 0 0 PETER SACCO DIRECTOR 0.30 X 0 0 0 CB WOOLDRIDGE DIRECTOR 0.30 X 0 0 0 0 0 0 0 0 0 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 FOOD AND FACILITIES MANAGEMENT 457404 1 12850 12850 RENTAL INCOME 531110 2918029 2918029 FOOD AND RESIDENT SVCS 531110 236146 236146 3154175 21856 21856 167176 194344 -27168 -27168 -27168 PARKING INCOME 812930 5679 1575 4104 TENANT CHARGES 531110 5170 5170 OTHER REVENUE 900099 1462 1462 12311 3174024 3154175 1575 5424 110142 110142 87 87 22730 5600 17130 179 179 50889 50889 1246725 1246725 1908 1908 576262 576262 17340 17340 OUTSOURCED STAFF 743362 743362 MEAL SERVICES 449646 449646 REPAIRS & MAINTENANCE 385918 385918 RESIDENT EXPENSES 38214 38214 7082 5919 1163 3650484 3468986 181498 0 284032 1115286 361583 607717 1163 0 45294 107533 10695013 6513233 4191646 4181780 723685 7008229 5607403 13020545 170200 85046 352 1043 42977 43237 6059453 13829575 6272982 13958901 X -677429 -938356 11850 0 -665579 -938356 5607403 13020545 -476460 203683 0 X X 0 1 X 0 1 1 X 38332 44779 41535 25230 12850 162726 2693461 2681683 2705705 2853011 3154175 14088035 2731793 2726462 2747240 2878241 3167025 14250761 0 0 0 14250761 23473 21741 23182 26025 21856 116277 23473 21741 23182 26025 21856 116277 15981 15856 17493 0 49330 10736 10736 2755266 2764184 2786278 2921759 3199617 14427104 0.98780 0.98780 0.00810 0.00870 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TENANT CHARGES - 2020 AMOUNT: $ 5,170. PARKING FEE - 2020 AMOUNT: $ 4,104. OTHER REVENUE - 2020 AMOUNT: $ 1,462. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 8793878 5222620 3571258 999704 655967 343737 901431 634646 266785 4181780 X 3377707 203683 203683 3174024 0 3174024 3650484 0 3650484 0 3650484 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31, 2018. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS MANAGED BY SPM, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS 3.75% OF GROSS COLLECTIONS OF THE PROJECT. EFFECTIVE JANUARY 27, 2021, THE FEE WAS INCREASED TO 3.85% OF GROSS COLLECTIONS OF THE PROJECT PLUS AN ADDITIONAL $5 PER UNIT PER MONTH FOR ACCOUNTING/BOOKKEEPING SERVICES AND $5 PER UNIT PER MONTH FOR COMPUTER/OCCUPANCY SERVICES. MANAGEMENT FEES IN THE AMOUNT OF $110,142 WERE INCURRED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 7A THE VESTRY OF ST. MARY'S EPISCOPAL CHURCH HAS THE POWER TO APPOINT THREE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE AND NO COMMITTEES WERE APPOINTED DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THE BOARD TREASURER PRIOR TO FILING WITH THE IRS. THE RETURN IS CIRCULATED TO THE BOARD AFTER IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE TREASURER OF THE BOARD OVERSEES THE AUDIT PROCESS AND SERVES AS BOARD LIAISON TO INFORM THE OTHER DIRECTORS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.