2020-08-14T13:38:30-05:00 2019-09-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-10-01 520907224 EPISCOPAL CHURCH HOME FRIENDSHIP INC C/O SEABURY RESOURCES FOR AGING EPIS 2022447400 6031 KANSAS AVENUE NW WASHINGTON DC 20011 DAWN QUATTLEBAUM INTERIM CEO 2022447400 2020-08-14 1 GARRETT M HIGGINS P00543209 2122862600 2020-08-14 47.18.172.68 2020-08-14 13:29:34 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5DA95DB661BFBF1E1CC10393D0405B5901069AC8 2018 2020-09-22 18:59:49Z RASHEEN CARBIN 6031 KANSAS AVENUE NW WASHINGTON DC 20011 3520518 0 X WWW.SEABURYRESOURCES.ORG/FRIENDSHIPTERRACE X 1967 DC TO PROVIDE AFFORDABLE HOUSING UNDER SECTION 202 OF THE NATIONAL HOUSING ACT TO SENIOR CITIZENS. 17 17 39 20 0 0 42212 35944 2917500 2979215 76791 128690 23757 27713 3060260 3171562 0 0 0 0 996096 1087099 0 0 0 2221516 2455998 3217612 3543097 -157352 -371535 9354887 8697953 7686254 7368996 1668633 1328957 TO PROVIDE AFFORDABLE HOUSING AND RELATED SERVICES TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 3205693 2979215 EPISCOPAL CHURCH HOME, FRIENDSHIP, INC. (THE "ENTITY") WAS ORGANIZED IN 1967 UNDER THE PROVISIONS OF THE WASHINGTON, DC CODE 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 ("HUD") UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND CONSISTS OF 180 UNITS. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. 3205693 1 1 0 0 0 0 0 0 1 0 1 0 0 1 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 1 0 0 0 1 13 0 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X RESIDENTIAL ONE LLC 3019532366 8975 GUILFORD ROAD SUITE 100 COLUMBIA MD 21046 X RT REV MARIANN EDGAR BUDDE CHAIR 0.10 1.10 X X 0 0 0 RASHEEN CARBIN PRESIDENT 0.10 1.10 X X 0 0 0 SUSAN SPURLARK ESQ VICE PRESIDENT 0.10 1.10 X X 0 0 0 ELIZABETH DIETEL SECRETARY 0.10 1.10 X X 0 0 0 PAULA SINGLETON TREASURER 0.10 1.10 X X 0 0 0 JOHN W WELCH TREASURER UNTIL JUNE 2019 0.10 1.10 X X 0 0 0 MARTI BAILEY DIRECTOR 0.10 1.00 X 0 0 0 MARC K BATTLE ESQ DIRECTOR 0.10 1.00 X 0 0 0 MARCUS BRAXTON DIRECTOR 0.10 1.00 X 0 0 0 STUART M GERSON ESQ DIRECTOR 0.10 1.10 X 0 0 0 GLORIA J GRANT DIRECTOR 0.10 1.10 X 0 0 0 JOSEPH HOWELL DIRECTOR 0.10 1.00 X 0 0 0 GENEVA B HUDSON DIRECTOR 0.10 1.10 X 0 0 0 NIKHIL KUMTHA DIRECTOR 0.10 1.00 X 0 0 0 CRAIG MCCULLOUGH DIRECTOR 0.10 1.00 X 0 0 0 GERALD A PEREZ DIRECTOR 0.10 1.00 X 0 0 0 KAY RODGERS DIRECTOR UNTIL MAY 2019 0.10 1.10 X 0 0 0 MIKE SAEWITZ DIRECTOR 0.10 1.00 X 0 0 0 BIJOY VERGHESE DIRECTOR UNTIL JUNE 2019 0.10 1.00 X 0 0 0 SUZANNE K WELCH ESQ DIRECTOR 0.10 1.00 X 0 0 0 0 0 0 0 0 0 0 0 35944 35944 RENTAL INCOME 531110 2398324 2398324 ELDERLY CARE SERVICES 531110 580891 580891 2979215 86516 86516 391130 348956 42174 42174 42174 OTHER TENANT CHARGES 531110 14268 14268 PARKING 531110 7736 7736 LAUNDRY AND VENDING 531110 5709 5709 27713 3171562 2979215 0 156403 910298 910298 77636 77636 99165 99165 141352 141352 34328 34328 17382 17382 9811 9811 74533 74533 57936 57936 678185 678185 1766 1766 506118 506118 REPAIRS AND MAINTENANCE 650544 650544 FOOD EXPENSE 269962 269962 BAD DEBT 9830 9830 OTHER PROGRAM EXPENSES 2208 2208 2043 2043 3543097 3205693 337404 0 301359 5910 44950 23444 14767 49281 34353 13944155 7987222 6414612 5956933 1893858 1964383 627383 721607 9354887 8697953 478718 294021 35392 30259 157128 153229 7015016 6891487 7686254 7368996 X 1668633 1328957 1668633 1328957 9354887 8697953 -371535 31859 0 X 0 1 X 0 1 1 X 55653 54775 44598 42212 35944 233182 2746609 2770196 2836874 2917500 2979215 14250394 2802262 2824971 2881472 2959712 3015159 14483576 0 0 0 14483576 83409 79420 75961 77708 86516 403014 83409 79420 75961 77708 86516 403014 31146 20450 23759 23757 27713 126825 2916817 2924841 2981192 3061177 3129388 15013415 0.96470 0.96580 0.02680 0.02750 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER TENANT CHARGES - 2014 AMOUNT: $ 18,596. 2015 AMOUNT: $ 7,884. 2016 AMOUNT: $ 9,260. 2017 AMOUNT: $ 10,017. 2018 AMOUNT: $ 14,268. PARKING - 2015 AMOUNT: $ 5,618. 2016 AMOUNT: $ 6,604. 2017 AMOUNT: $ 6,694. 2018 AMOUNT: $ 7,736. LAUNDRY AND VENDING - 2014 AMOUNT: $ 12,550. 2015 AMOUNT: $ 6,948. 2016 AMOUNT: $ 7,895. 2017 AMOUNT: $ 7,046. 2018 AMOUNT: $ 5,709. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 348791 348791 11114775 5799558 5315217 2480589 2187664 292925 5956933 FUNDED SECURITY DEPOSITS 166564 RESTRICTED DEPOSITS AND FUNDED RESERVES 555043 721607 X 3203421 31859 31859 3171562 0 3171562 3543097 0 3543097 0 3543097 PART IV, LINE 2B: CORPORATION AS LESSOR OF RESIDENTIAL RENTAL PROPERTY HOLDS TENANT SECURITY DEPOSITS ON BEHALF OF RESIDENTS IN A SEPARATE ESCROW ACCOUNT. 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 SEPTEMBER 30, 2016. FORM 990, PART VI, SECTION A, LINE 3 THE ENTITY WAS MANAGED BY COORDINATED SERVICES MANAGEMENT, INC. ("CSM"), PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE WAS BASED ON 6% OF GROSS RENT COLLECTIONS. A NEW MANAGEMENT COMPANY, RESIDENTIAL ONE, LLC WAS HIRED JULY 2019 PURSUANT TO A MANAGEMENT AGREEMENT BETWEEN THE ENTITY AND RESIDENTIAL ONE APPROVED BY HUD. THE FEE IS BASED ON $6 PER UNIT PER MONTH PLUS THE SUM OF 4.50% OF GROSS MONTHLY INCOME BASED ON PREVIOUS MONTH'S GROSS RECEIPTS. FOR THE YEAR ENDING SEPTEMBER 30, 2019, MANAGEMENT FEES WERE $141,352. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES WERE APPOINTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS PROVIDED WITH A COMPLETE COPY OF THE RETURN FOR REVIEW AND COMMENT PRIOR TO FILING. NO ADDITIONAL REVIEW IS CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, STAFF MEMBERS, AND VOLUNTEERS OF SEABURY RESOURCES FOR AGING AND ITS SUBSIDIARIES ("SEABURY"). EVERY OFFICER AND STAFF MEMBER IS EXPECTED TO AVOID SITUATIONS OR ACTIVITIES THAT COULD INTERFERE WITH HIS OR HER UNENCUMBERED EXERCISE OF JUDGMENT IN THE BEST INTERESTS OF SEABURY. IT IS THE RESPONSIBILITY OF EACH BOARD MEMBER, STAFF, CONTRACTOR OR VOLUNTEER TO DISCLOSE ANYTHING THAT MAY HAVE THE POTENTIAL FOR CONFLICT OF INTEREST. DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHOULD BE MADE TO THE EXECUTIVE DIRECTOR OF SEABURY RESOURCES FOR AGING, WHO SHALL REPORT THE INFORMATION TO THE BOARD OF DIRECTORS. IF A POTENTIAL CONFLICT IS DISCLOSED, THE INDIVIDUAL(S) SHALL REFRAIN FROM PARTICIPATION IN THE IDENTIFIED ACTIVITY UNTIL THE DISCLOSURE IS REVIEWED AND THE MATTER IS RESOLVED. ALL DISCLOSURES SHALL BE DOCUMENTED ON A DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST FORM, AND COPIES OF THE DOCUMENTATION WILL REMAIN IN SEABURY'S EMPLOYMENT RECORDS AND BOARD FILES. THIS SEABURY POLICY STATEMENT AND RELATED DISCLOSURE FORM WILL BE DISTRIBUTED TO BOARD MEMBERS AND STAFF MEMBERS OF SEABURY ON AN ANNUAL BASIS. BOARD AND STAFF MEMBERS ARE REQUESTED TO RETURN A SIGNED DISCLOSURE FORM TO THE EXECUTIVE DIRECTOR AND KEEP A SECOND COPY FOR THEIR RECORDS. 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 AND ARE AVAILABLE ON THE OMB WEBSITE. SEABURY RESOURCES FOR AGING 6031 KANSAS AVENUE NW WASHINGTON DC 20011 530204693 PROVIDING AFFORDABLE HOUSING OPTIONS FOR SENIORS IN THE GREATER DC AREA DC 501(C)(3) LINE 10 N/A 0 SPRINGVALE TERRACE INC 6031 KANSAS AVENUE NW WASHINGTON DC 20011 300185120 TO PROVIDE AFFORDABLE HOUSING AND RESIDENT SERVICES TO THE ELDERLY MD 501(C)(3) LINE 10 SEABURY RESOURCES FOR AGING 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0