2022-11-15T15:56:30-06:00 2021-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2021-01-01 226096211 MARTIN LUTHER KING GARDENS URBAN RENEWAL INC % CHANON MCDUFFIE MART 2018711270 72 DuBois Court Englewood NJ 07631 CHANON MCDUFFIE PRESIDENT 2018711270 2022-04-18 true CHANON MCDUFFIE 999009999 Michael Pintabone P01275156 7328281614 2021 2022-09-23 18:48:47Z CHANON MCDUFFIE 72 DuBois Court Englewood NJ 07631 3628610 false X N/A X 1977 NJ Low to moderate income housing development located in englewood, NJ 8 8 4 8 0 0 2243962 3186521 1379585 8399 1448 -886 3615 3194034 3628610 0 0 0 0 264771 278940 0 0 0 1880157 1970114 2144928 2249054 1049106 1379556 22828260 27810517 20605277 24207978 2222983 3602539 Low to moderate income housing development located in englewood, NJ. false false 2190187 3362643 Martin Luther King Gardens Urban Renewal, Inc. the ("Organization") acquired the housing development originally known as Martin Luther King Apartments from Humphrey Williams Housing Association on February 4, 1977. The Organization provides housing for qualified individuals and is located in Englewood, New Jersey and consists of 100 dwelling units. 2190187 true true false false false false false false false false true false false true true 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 false false false true 15 0 true 4 true false false false false false false false false false false false false 8 8 false false false false false false false true true false false true false false false false NJ X CHANON MCDUFFIE 9737432300 72 DUBOIS COURT Englewood NJ 07631 Chanon McDuffie President, Trustee 15.0 0.0 X X 0 0 0 Cheryl Brown Secretary, Trustee 15.0 0.0 X X 0 0 0 Anita Powell Asst. Secretary, Trustee 3.0 0.0 X X 0 0 0 Lee Smith Treasurer, Trustee 3.0 0.0 X X 0 0 0 Ethel Moses Asst. Treasurer, Trustee 3.0 0.0 X X 0 0 0 Hosle Smith Trustee 1.0 0.0 X 0 0 0 Parris Terry Trustee 1.0 0.0 X 0 0 0 Alva Jones Trustee 1.0 0.0 X 0 0 0 0 0 0 0 false false false 0 2243962 2243962 RENTAL INCOME 531110 1379585 1379585 1379585 1448 1448 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 3615 3615 3615 3628610 1383200 1448 0 0 0 0 0 0 199586 199586 0 0 0 59139 59139 0 0 20215 20215 0 0 86400 86400 2785 2785 13255 13255 0 0 0 11465 11465 0 114844 69232 45612 0 0 711606 711606 0 0 0 567088 567088 0 262390 262390 86924 86924 BAD DEBT EXPENSE 113357 113357 2249054 2190187 58867 0 2044405 4805781 0 0 0 0 135537 193416 0 0 0 0 0 0 0 0 227458 213435 23318133 6915457 1578173 16402676 0 0 0 0 0 0 0 0 18842687 6195209 22828260 27810517 252173 4422617 0 0 19915 55708 0 0 0 0 0 0 20253642 19653146 0 0 79547 76507 20605277 24207978 X 2222983 3602539 0 0 2222983 3602539 22828260 27810517 1379556 X false true X true true true X 0 0 0 0 260904 260904 1069453 1064840 1254624 3186522 3362643 9938082 0 0 0 1069453 1064840 1254624 3186522 3623547 10198986 0 0 0 10198986 1650 3007 13444 8399 1448 27948 0 1650 3007 13444 8399 1448 27948 0 0 1071103 1067847 1268068 3194921 3624995 10226934 0.99727 0.99500 0.00273 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 0 50000 7757187 6520652 1236535 31050 11050 20000 15479896 383755 15096141 16402676 ESCROW DEPOSITS 463743 REPLACEMENT RESERVES 1766640 TENANT DEPOSITS HELD IN TRUST 76507 DEVELOPMENT RESERVES 3888319 6195209 0 TENANT SECURITY DEPOSITS 76507 76507 X 3628610 3628610 3628610 2249054 2249054 2249054 Schedule D, Part X, Line 2 The Organization, a New Jersey non-profit corporation, is exempt from federal income taxes pursuant to section 501(c)(3) of the Internal Revenue Code. Therefore, no provision has been made for income taxes on the change in net assets. The Organization does not have any uncertain tax positions as of December 31, 2021 and 2020. In addition, the Organization has no income tax related penalties or interest for the periods presented in these financial statements. CORE Form 990 PART VI, Section B, Line 11B THE FORM 990 IS PREPARED BY A REPUTABLE CPA FIRM AND IS PROVIDED TO MANAGEMENT FOR REVIEW. UPON APPROVAL FROM MANAGEMENT, THE 990 IS PROVIDED TO THE BOARD FOR REVIEW AND COMMENTARY. UPON APPROVAL, THE 990 IS FILED. Part VI, Section B, Line 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. THE POLICY REQUIRES ANNUAL CONFLICT OF INTEREST FORMS TO BE SUBMITTED. IN THE EVENT OF A CONFLICT, THE INDIVIDUAL WITH THE CONFLICT MUST RECUSE THEMSELVES ON VOTING ON THE TRANSACTION OR DISCUSSION. CONFLICT OF INTEREST FORMS ARE MAINTAINED FOR ALL BOARD MEMBERS. Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS ANNUAL TAX FILINGS AND OTHER ORGANIZATIONAL DOCUMENTS AVAILABLE UPON REQUEST.