LORETTO APARTMENTS HOUSING DEVELOPMENT FUND CO INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LORETTO APARTMENTS HOUSING DEVELOPMENT FUND CO INC (EIN 16-1496955)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-24
IRS object ID
202502979349301970
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-24T15:38:52-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161131146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BONADIO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1432 NORTH FRANKLIN STREETAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN161496955EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LORETTO APARTMENTS HOUSING DEVELOPMENTBusinessNameLine1Txt
Business Name Line2FUND COMPANY INC (MALTA HOUSE APARTMENBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOREBusinessNameControlTxt
Phone3154241821PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1990 JAMES STREETAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13203ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIMBERLY TOWNSENDPersonNm
Person TitleCHAIRPERSONPersonTitleTxt
Phone3154241821PhoneNum
Signature2025-10-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBETTINA LIPPHARDTPreparerPersonNm
PTINP00956232PTIN
Phone3154227109PhoneNum
Preparation2025-10-23PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKIMBERLY GRUNINGERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1990 JAMES STREETAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13203ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$350,942GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CHRISTOPHER-COMMUNITY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionLOW INCOME HOUSING PROJECT.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$349,770PYProgramServiceRevenueAmt
CY Program Service Revenue$344,884CYProgramServiceRevenueAmt
PY Investment Income$5,315PYInvestmentIncomeAmt
CY Investment Income$2,108CYInvestmentIncomeAmt
PY Other Revenue$3,368PYOtherRevenueAmt
CY Other Revenue$3,950CYOtherRevenueAmt
PY Total Revenue$358,453PYTotalRevenueAmt
CY Total Revenue$350,942CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$43,556PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$58,217CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$431,278PYOtherExpensesAmt
CY Other Expenses$413,683CYOtherExpensesAmt
PY Total Expenses$474,834PYTotalExpensesAmt
CY Total Expenses$471,900CYTotalExpensesAmt
PY Revenues Less Expenses-$116,381PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$120,958CYRevenuesLessExpensesAmt
Total Assets BOY$1,594,782TotalAssetsBOYAmt
Total Assets EOY$1,541,814TotalAssetsEOYAmt
Total Liabilities BOY$40,360TotalLiabilitiesBOYAmt
Total Liabilities EOY$108,350TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,554,422NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,433,464NetAssetsOrFundBalancesEOYAmt
MissionTHE CORPORATION WAS ORGANIZED EXCLUSIVELY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PERSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$391,461ExpenseAmt
Revenue$348,834RevenueAmt
DescOPERATION OF A 50-UNIT LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PERSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.Desc
Total Program Service Expenses$391,461TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN LUTZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3154241821PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1990 JAMES STREETAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13203ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KIM TOWNSEND
CHAIRPERSON1.0039.00Yes (X)Yes (X)$0$609,681$27,907
JOHN MURRAY
MEMBER1.0039.00Yes (X)$0$299,513$4,333
SISTER LINDA ANN PALMISANO
MEMBER1.00Yes (X)$0$0$0
SISTER JANE BOURNE
MEMBER1.00Yes (X)$0$0$0
JOHN BRENNAN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$909,194TotReportableCompRltdOrgAmt
Total Other Compensation$32,240TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME - TENANT531110$207,032$207,032
RENTAL INCOME - HUD531110$137,852$137,852
FieldValueIRS element (for citing)
Total Program Service Revenue$344,884TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,108TotalRevenueColumnAmt
Exclusion$2,108ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER MISC. INCOMEDesc
Business532000BusinessCd
Total Revenue Column$3,950TotalRevenueColumnAmt
Related Or Exempt Func Income$3,950RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,950OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$350,942TotalRevenueColumnAmt
Related Or Exempt Func Income$348,834RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,108ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$48,401TotalAmt
Program Services$48,401ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$773TotalAmt
Program Services$773ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,093TotalAmt
Program Services$5,093ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,950TotalAmt
Program Services$3,950ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$40,424TotalAmt
Management And General$40,424ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,085TotalAmt
Management And General$1,085ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,060TotalAmt
Management And General$14,060ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$360TotalAmt
Management And General$360ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,940TotalAmt
Management And General$11,940ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$191,149TotalAmt
Program Services$191,149ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$111,799TotalAmt
Program Services$111,799ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$30,296TotalAmt
Program Services$30,296ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER MISC. EXPENSESDesc
Total$12,570TotalAmt
Management And General$12,570ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$471,900TotalAmt
Program Services$391,461ProgramServicesAmt
Management And General$80,439ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,021BOYAmt
EOY$7,594EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$915BOYAmt
EOY$1,301EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,530BOYAmt
EOY$2,283EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,842,192LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,653,848LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,262,412BOYAmt
EOY$1,188,344EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$326,904BOYAmt
EOY$342,292EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,594,782BOYAmt
EOY$1,541,814EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,498BOYAmt
EOY$90,419EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$10EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,862BOYAmt
EOY$17,921EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$40,360BOYAmt
EOY$108,350EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,904,278BOYAmt
EOY-$2,025,236EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,458,700BOYAmt
EOY$3,458,700EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,554,422BOYAmt
EOY$1,433,464EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,594,782BOYAmt
EOY$1,541,814EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$120,958ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$327,254CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$335,018CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$335,095CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$349,770CurrentTaxYearMinus1YearAmt
Current Tax Year$344,884CurrentTaxYearAmt
Total$1,692,021TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$327,254CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$335,018CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$335,095CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$349,770CurrentTaxYearMinus1YearAmt
Current Tax Year$344,884CurrentTaxYearAmt
Total$1,692,021TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,692,021PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,408CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$983CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,121CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,315CurrentTaxYearMinus1YearAmt
Current Tax Year$2,108CurrentTaxYearAmt
Total$13,935TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,408CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$983CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,121CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,315CurrentTaxYearMinus1YearAmt
Current Tax Year$2,108CurrentTaxYearAmt
Total$13,935TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$3,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,073CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,368CurrentTaxYearMinus1YearAmt
Current Tax Year$3,950CurrentTaxYearAmt
Total$18,291TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$331,662CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$339,901CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$343,289CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$358,453CurrentTaxYearMinus1YearAmt
Current Tax Year$350,942CurrentTaxYearAmt
Total$1,724,247TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.98130PublicSupportCY509Pct
Public Support PY5090.98140PublicSupportPY509Pct
Investment Income CY0.00810InvestmentIncomeCYPct
Investment Income PY0.01020InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$271,447OtherCostOrOtherBasisAmt
Book Value$271,447BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,295,373OtherCostOrOtherBasisAmt
Depreciation$2,428,320DepreciationAmt
Book Value$867,053BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$275,372OtherCostOrOtherBasisAmt
Depreciation$225,528DepreciationAmt
Book Value$49,844BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,188,344TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
INSURANCE ESCROW DEPOSITS$5,231
RESERVE FOR REPLACEMENTS$317,660
TENANTS' SECURITY DEPOSITS$17,921
RESIDUAL RECEIPTS RESERVE$1,480
FieldValueIRS element (for citing)
Total Book Value Other Assets$342,292TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANTS' SECURITY DEPOSITSDesc
Amt$17,921Amt
FieldValueIRS element (for citing)
Total Liability$17,921TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$350,942TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$350,942RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$350,942TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$471,900TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$471,900ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$471,900TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KIM TOWNSEND
CHAIRPERSON$0$609,681$0$0$0$0$0$23,569$0$4,338$0$637,588$0$0
JOHN MURRAY
MEMBER$0$299,513$0$0$0$0$0$0$0$4,333$0$303,846$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT, AND PERSONNEL RELATED FUNCTIONS.
FORM 990, PART VI, SECTION B, LINE 11BTHE CFO FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO THE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY THE BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THERE HAS BEEN NO CHANGES TO THE OVERSIGHT PROCESS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ADVANCED INSTITUTIONAL SUPPORT SERVICES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1700 EAST BRIGHTON AVEAddressLine1Txt
CitySYRACUSECityNm
State AbbreviationNYStateAbbreviationCd
ZIP13205ZIPCd
FieldValueIRS element (for citing)
EIN200424458EIN
Primary ActivitiesPROVIDES FOOD AND FOOD SERVICE OPERATIONS TO VARIOUS LORETTO AFFILIATESPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LORETTO MANAGEMENT CORPORATIONBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (20 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
BERNARDINE APARTMENTS
700 EAST BRIGHTON AVESYRACUSENY13205161012804LOW INCOME HOUSING FOR THE ELDERLYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO ADULT COMMUNITY INC
700 EAST BRIGHTON AVESYRACUSENY13205222588128ASSISTED LIVINGNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO INDEPENDENT LIVING SERVICES INC (PACE)
700 EAST BRIGHTON AVESYRACUSENY13205161470454ALL INCLUSIVE CARE FOR THE ELDERLYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO GERIATRIC COMMUNITY RESIDENCES
700 EAST BRIGHTON AVESYRACUSENY13205161234898COMMUNITY RESIDENCES FOR MENTALLY DISABLED PERSONS IN NEEDNY501(C)(3)LINE 7LORETTO MANAGEMENT CORPORATION0
NOTTINGHAM RHCF
700 EAST BRIGHTON AVESYRACUSENY13205161468624SKILLED NURSING FACILITYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
NOTTINGHAM RETIREMENT COMMUNITY INC
700 EAST BRIGHTON AVESYRACUSENY13205161468628SENIOR LIVING COMMUNITYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO PROPERTIES CORP
700 EAST BRIGHTON AVESYRACUSENY13205222809537OPERATE AND MANAGE REAL PROPERTY FOR HOUSING AND SERVICES FOR ELDERLYNY501(C)(3)LINE 12B, IILORETTO MANAGEMENT CORPORATION0
THE LORETTO FOUNDATION
700 EAST BRIGHTON AVESYRACUSENY13205222339225CHARITABLE ACTIVITIES THAT BENEFIT THE LORETTO ORGANIZATIONNY501(C)(3)LINE 12B, IILORETTO MANAGEMENT CORPORATION0
LORETTO HEALTH AND REHABILITATION CENTER
700 EAST BRIGHTON AVESYRACUSENY13205200503099SKILLED NURSING FACILITYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO MALTA MANOR HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205161561842LOW INCOME HOUSING FOR THE ELDERLYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO O'BRIEN ROAD HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205161594409LOW INCOME HOUSING FOR THE ELDERLYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
CHURCHILL MANOR INC
700 EAST BRIGHTON AVESYRACUSENY13205161006158ASSISTED LIVINGNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205223116481HOUSING FOR THE ELDERLYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO APARTMENTS AT O'BRIEN ROAD HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205462450456LOW INCOME HOUSING FOR THE ELDERLYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO REST INC
700 EAST BRIGHTON AVESYRACUSENY13205150532210PARENT CORPORATION TO VARIOUS LORETTO ORGANIZATIONSNY501(C)(3)LINE 7LORETTO MANAGEMENT CORPORATION0
ELBRIDGE ADULT COMMUNITY
700 EAST BRIGHTON AVESYRACUSENY13205222784983INACTIVENY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO MANAGEMENT CORPORATION
700 EAST BRIGHTON AVESYRACUSENY13205222873640ADVISE AND ASSIST IN COORDINATING OF HEALTH, HOUSING, WELFARE OF THE ELDERLYNY501(C)(3)LINE 12B, IILORETTO MANAGEMENT CORPORATION0
AUBURN SENIOR SERVICES INC
700 EAST BRIGHTON AVESYRACUSENY13205463900740OPERATE SKILLED NURSING FACILITYNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO REST REALTY CORPORATION
700 EAST BRIGHTON AVESYRACUSENY13205161019465HEALTHCARE AND RENTAL OF SPACE FOR HEALTHCARE COMPANIESNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
LORETTO BUCKLEY LANDING HOUSING DEVELOPMENT FUND CO INC
700 EAST BRIGHTON AVESYRACUSENY13205932485255HOLDS DEBT ON BEHALF OF BUCKLEY LANDING FACILITY OPERATIONSNY501(C)(3)LINE 10LORETTO MANAGEMENT CORPORATION0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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