2020-07-15T09:17:36-05:00 2019-08-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-09-01 521442707 BON SECOURS HOUSING INC BONS 4105662701 2000 W BALTIMORE STREET BALTIMORE MD 21223 GEORGE KLEB TREASURER 4105662701 2020-07-15 1 GARRETT M HIGGINS P00543209 2122862600 2020-07-14 66.108.235.87 2020-07-15 07:22:24 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8B9532C6912B3E39A4E7E5ED0BE6E8176682D039 2018 2021-01-29 14:40:06Z CURTIS CLARK 2000 W BALTIMORE STREET BALTIMORE MD 21223 1428952 0 0928 X N/A X 1983 MD TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 5 2 0 7 0 0 8693 107207 1216527 1315514 980 602 2286 5629 1228486 1428952 0 0 0 0 0 0 0 0 0 1072425 1406216 1072425 1406216 156061 22736 4860491 4825274 4318074 4260121 542417 565153 TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. 0 0 1322452 1315514 BON SECOURS HOUSING, INC. (THE "ENTITY") WAS ORGANIZED IN MAY 1983 UNDER THE PROVISIONS OF THE STATE OF MARYLAND FOR THE PURPOSE OF CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT AND CONSISTS OF 84 UNITS. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. 1322452 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 X EDGEWOOD MANAGEMENT 3015621600 9711 WASHINGTONIAN BLVD STE 200 GAITHERSBURG MD 20878 CURTIS CLARK CHAIR UNTIL DECEMBER 2018 0.30 40.00 X X 0 189457 20977 SR PATRICIA DOWLING PRESIDENT 0.30 0.10 X X 0 6600 6280 SAMUEL L ROSS EXECUTIVE VICE PRESIDENT 0.30 40.00 X X 0 1785268 37281 SR MARY RITA NANGLE SECRETARY 0.30 0.10 X X 0 0 0 GEORGE KLEB TREASURER 0.30 40.00 X X 0 154924 34923 BRENDA COLEMAN DIRECTOR FROM APRIL 2019 0.30 X 0 0 0 MELVIN WILSON DIRECTOR UNTIL DECEMBER 2018 0.30 X 0 0 0 0 2136249 99461 0 0 1 0 0 107207 107207 RENTAL INCOME 531110 1315514 1315514 1315514 602 602 LAUNDRY AND VENDING 531390 5193 5193 OTHER TENANT CHARGES 531390 436 436 5629 1428952 1315514 0 6231 44215 44215 5897 5897 750 750 20631 20631 341008 341008 574 574 242948 242948 1236 1236 ALLOCATED COMPENSATION 370865 370865 REPAIRS 281480 281480 MAINTENANCE-SUPPLIES 79495 79495 OTHER ADMIN EXPENSES 15751 4409 11342 1366 437 929 1406216 1322452 83764 0 163631 29195 132275 71869 64299 65707 8270866 4155634 3954061 4115232 546225 543271 4860491 4825274 50028 88204 7641 9827 23413 22940 4236992 4139150 4318074 4260121 X 542417 565153 542417 565153 4860491 4825274 22736 0 X 0 1 X 0 1 1 X 55998 11588 117735 8693 107207 301221 1225186 1246656 1252044 1216527 1315514 6255927 1281184 1258244 1369779 1225220 1422721 6557148 0 0 0 6557148 417 429 374 980 602 2802 417 429 374 980 602 2802 11069 9222 12169 2286 5629 40375 1292670 1267895 1382322 1228486 1428952 6600325 0.99350 0.99420 0.00040 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING - 2014 AMOUNT: $ 4,531. 2015 AMOUNT: $ 4,671. 2016 AMOUNT: $ 4,658. 2017 AMOUNT: $ 1,810. 2018 AMOUNT: $ 5,193. OTHER TENANT CHARGES - 2014 AMOUNT: $ 1,999. 2015 AMOUNT: $ 4,551. 2016 AMOUNT: $ 7,511. 2017 AMOUNT: $ 476. 2018 AMOUNT: $ 436. MISCELLANEOUS - 2014 AMOUNT: $ 4,539. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 116400 116400 6855574 2926820 3928754 1093654 1039605 54049 205238 189209 16029 4115232 RESTRICTED DEPOSITS AND FUNDED RESERVES 519168 SECURITY DEPOSITS 24103 543271 X 1428952 0 1428952 0 1428952 1406216 0 1406216 0 1406216 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS AS LESSOR OF PROPERTY. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS 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 EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2016. 0 0 0 0 0 0 0 0 0 CURTIS CLARK CHAIR UNTIL DECEMBER 2018 0 188568 0 0 0 889 0 0 0 20977 0 210434 0 0 SAMUEL L ROSS EXECUTIVE VICE PRESIDENT 0 635777 0 198632 0 950859 0 16500 0 20781 0 1822549 0 0 GEORGE KLEB TREASURER 0 140027 0 14406 0 491 0 2071 0 32852 0 189847 0 0 PART I, LINE 3 BON SECOURS HEALTH SYSTEM, INC., A RELATED ORGANIZATION OF THE FILING ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 THE ENTITY WAS MANAGED BY THE TOWNER MANAGEMENT COMPANY, INC., PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD THROUGH JANUARY 2018. THE FEE IS CALCULATED AS 4% OF COLLECTIONS. A NEW MANAGEMENT COMPANY, EDGEWOOD MANAGEMENT, WAS HIRED FEBRUARY 2018 PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS BASED ON 3.3% OF GROSS MONTHLY INCOME BASED ON PREVIOUS MONTH'S GROSS RECEIPTS PLUS AN ADDITIONAL ACCOUNTING AND BOOKKEEPING FEE OF $5 PER UNIT PER MONTH. MANAGEMENT FEES TOTALING $44,215 WERE INCURRED DURING THE YEAR ENDING AUGUST 31, 2019. FORM 990, PART VI, SECTION A, LINE 8A NO BOARD MEETINGS WERE HELD DURING FISCAL YEAR 2019. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. NO OTHER REVIEW IS CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE FINANCIAL STATEMENTS ARE FILED WITH THE OMB UNDER THE A-133 PROVISIONS. THE SISTERS OF BON SECOURS USA INC 1525 MARRIOTTSVILLE ROAD MARRIOTTSVILLE MD 21104 520715237 CHURCH MD 501(C)(3) LINE 1 N/A 0 BON SECOURS INC 1505 MARRIOTTSVILLE ROAD MARRIOTTSVILLE MD 21104 521301091 SUPPORTING THE SISTERS OF BON SECOURS USA, INC MD 501(C)(3) LINE 12A, I THE SISTERS OF BON SECOURS USA INC 0 BON SECOURS HEALTH SYSTEM INC 1505 MARRIOTTSVILLE ROAD MARRIOTTSVILLE MD 21104 521301088 PROVIDE MANAGEMENT CONSULTING SERVICES TO THE BON SECOURS HEALTH SYSTEMS MD 501(C)(3) LINE 12C, III-FI BON SECOURS INC 0 THE BON SECOURS OF MARYLAND FOUNDATION INC 26 NORTH FULTON AVENUE BALTIMORE MD 21223 521732800 PROVIDE MINISTRY TO THE SICK AND FINANCIALLY DISADVANTAGED OF BALTIMORE MD 501(C)(3) LINE 7 BON SECOURS BALTIMORE HEALTH SYSTEM INC 0 BON SECOURS HOUSING II INC 26 NORTH FULTON AVENUE BALTIMORE MD 21223 521543174 PROVIDE AFFORDABLE HOUSING TO THE ELDERLY MD 501(C)(3) LINE 10 THE BON SECOURS OF MARYLAND FOUNDATION INC 0 UNITY PROPERTIES INC 26 NORTH FULTON AVENUE BALTIMORE MD 21223 521857768 LOW INCOME HOUSING MD 501(C)(3) LINE 7 THE BON SECOURS OF MARYLAND FOUNDATION INC 0 BON SECOURS HOSPITAL BALTIMORE INC 2000 WEST BALTIMORE STREET BALTIMORE MD 21223 520591555 HEALTH CARE MD 501(C)(3) LINE 3 BONS SECOURS HEALTH CORPORATION (DBA BON SECOURS BALTIMORE HEALTH SYSTEM) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0