2019-12-04T13:32:16-06:00 2019-03-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2018-04-01 522258799 HOMES FOR LAUREL INC C/O HOMES FOR AMERICA INC HOME 4102691222 318 SIXTH ST NO STE 2 ANNAPOLIS MD 214032566 KATHY EBNER VICE PRESIDENT 4102691222 2019-11-25 1 DAMIEN NICKLE CPA P00802786 4107834900 209.59.242.22 2019-11-25 11:16:03 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 01BADB2B2A6B151C38D19099FC0A101EF8F974BA 2018 2020-04-17 16:48:07Z KATHY EBNER 318 SIXTH ST STE 2 ANNAPOLIS MD 21403 157914 0 X WWW.HOMESFORAMERICA.ORG X 2000 MD PLEASE SEE SCHEDULE OHOMES FOR LAUREL, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW INCOME AND MODERATE INCOME ELDERLY. 5 4 0 0 0 0 0 0 150480 157878 34 36 0 0 150514 157914 0 0 0 0 0 0 0 0 0 199982 192169 199982 192169 -49468 -34255 1457256 1419582 2018553 2015134 -561297 -595552 HOMES FOR LAUREL, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW INCOME AND MODERATE INCOME ELDERLY. 0 0 173315 157878 21 UNITS OF HOUSING SERVING SENIOR CITIZENS UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959. SERVICES, IN ADDITION TO HOUSING, INCLUDE WEEKLY CONTINENTAL BREAKFAST, MOBILE GROCERY STORE, MEALS ON WHEELS, ON-SITE BUS STOP, COMPUTER LAB, FLU SHOT CLINIC, DIABETIC WORKSHOPS, WELLNESS EDUCATION OPPORTUNITIES, WALKING CLUB AND LENDING LIBRARY. A VARIETY OF SOCIAL PROGRAMS ARE ALSO PROVIDED, WHICH INCLUDE BINGO, SEASONAL LUNCHEONS, BRUNCHES, AND COOKOUTS, EXERCISE INSTRUCTION, AND TRANSPORTATION TO THE LAUREL SENIOR CENTER MONDAY THROUGH FRIDAY. REGULAR RESIDENT MEETINGS TO HELP MONITOR ACTIVITIES AND SERVICES ARE HELD. 173315 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X MEG PETERS 4437162550 180 ADMIRAL COCHRAN DRIVE ANNAPOLIS MD 21401 NANCY S RASE PRESIDENT & DIRECTOR 0.25 10.00 X X 0 36000 0 KATHY EBNER V PRESIDENT & DIRECTOR (NON-VOTING) 0.25 40.00 X X 0 222400 26121 LISA J YAFFE SECRETARY/TREASURER & DIRECTOR 0.25 0.50 X X 0 0 0 DENNIS M CONTI DIRECTOR 0.25 0.50 X 0 0 0 CHARLES L EDSON DIRECTOR 0.25 0.50 X 0 0 0 MARY GRACE FOLWELL DIRECTOR 0.25 0.50 X 0 0 0 TRUDY PARISA MCFALL DIRECTOR (NON-VOTING) 0.25 20.00 X 0 49776 3729 DIANE CLYDE DIRECTOR (NON-VOTING) 0.25 40.00 X 0 176338 12344 CATHY WALLICK DIRECTOR (NON-VOTING) 0.25 40.00 X 0 60032 15630 0 544546 57824 0 0 1 0 0 RENTAL INCOME 532000 155749 155749 LAUNDRY INCOME 532000 1074 1074 CABLE INCOME 532000 1050 1050 TENANT CHARGES 532000 5 5 157878 36 36 157914 157878 0 36 10972 10972 7882 7882 158 158 5882 5882 47697 47697 3380 3380 UTILITIES 51664 51664 CONTRACTED SERVICES 37708 37708 SUPPLIES 16654 16654 TAXES 10172 10172 192169 173315 18854 0 299 1697 17852 18564 4888 5103 1957904 721868 1283733 1236036 150484 158182 1457256 1419582 12279 9887 1942916 1942916 63358 62331 2018553 2015134 X -561297 -595552 -561297 -595552 1457256 1419582 -34255 0 X X 0 1 X 0 1 1 X 152433 153031 152440 150480 157878 766262 152433 153031 152440 150480 157878 766262 0 0 0 766262 96 88 50 34 36 304 96 88 50 34 36 304 152529 153119 152490 150514 157914 766566 0.99960 0.99950 0.00040 0.00050 X 50000 50000 1907904 721868 1186036 1236036 TENANT SECURITY DEPOSIT 7704 RESERVES 145252 ESCROW DEPOSITS 5226 158182 TENANT SECURITY DEPOSIT 7205 ADVANCE FROM AFFILIATE -HFA 54427 PREPAID REVENUE 450 UNCLAIMED PROPERTY 249 62331 X 157914 0 157914 0 157914 192169 0 192169 0 192169 PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERIVCE ("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 YEAR ENDED MARCH 31, 2019. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION 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 2016 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 KATHY EBNER V PRESIDENT & DIRECTOR (NON-VOTING) 0 202400 0 20000 0 0 0 15568 0 10553 0 248521 0 0 DIANE CLYDE DIRECTOR (NON-VOTING) 0 175738 0 600 0 0 0 12344 0 0 0 188682 0 0 SCHEDULE J - QUESTION 3 THE REPORTABLE COMPENSATION FROM A RELATED ORGANIZATION IS BASED UPON APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED & AUTHORIZED BY A MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE ANNUAL MEETING AND ALL OFFICERS AND DIRECTORS SIGN A STATEMENT ACKNOWLEDGING THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT AND A MEMBER OF THE ORGANIZATION'S BOARD REVIEWS THE ANNUAL AUDIT. HOMES FOR AMERICA INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 521901220 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR ARUNDEL INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 542119728 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR LAUREL II INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 364569310 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR MCCONNELLSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 522335700 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR SHIPPENSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 522148579 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HFA COMMUNITY HOUSING DEVELOPMENT INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 262155870 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES DEVELOPMENT CORPORATION 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 521940646 REAL ESTATE MD HOMES FOR AMERICA C 1.00000 0 CLARE COURT CORPORATION 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 432035312 REAL ESTATE MD HOMES FOR AMERICA C 1.00000 0 BOOTH STREET LLC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 454588298 REAL ESTATE MD HOMES FOR AMERICA C -7 112629 1.00000 0 HOMES FOR EMMITSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 454855535 REAL ESTATE MD HOMES FOR AMERICA C -39 107996 1.00000 0 HOMES FOR GREENSPRING INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 203763885 REAL ESTATE MD HOMES FOR AMERICA C -5 153338 0.79000 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOMES FOR AMERICA E 54427