2019-03-04T14:40:16-06:00 2018-06-30 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2017-07-01 521063283 NATIONAL CAPITAL B'NAI B'RITH HOUSING FOUNDATION INC NATI 3015984000 14508 HOMECREST ROAD SILVER SPRING MD 20906 CAROL COHEN WOLFE EXECUTIVE DIRECTOR 3015984000 2019-03-01 1 GLENN M SHELTON P00228007 3016529100 2019-02-28 209.3.217.20 2019-03-01 07:35:29 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 972D478F81EA34AE0383F0B8C31B16B1472E460E 2017 2019-02-21 02:37:17Z CAROL COHEN WOLFE 14508 HOMECREST ROAD SILVER SPRING MD 20906 4668788 0 X WWW.HOMECRESTHOUSE.ORG X 1979 MD SEE SCHEDULE O 10 10 0 0 0 0 0 0 4418784 4667734 353 1054 0 0 4419137 4668788 0 0 0 0 741679 927515 0 0 0 3704774 3593492 4446453 4521007 -27316 147781 7782107 7708074 9989012 9767198 -2206905 -2059124 TO PROVIDE AFFORDABLE HOUSING AND SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS AND THOSE ADULTS WITH QUALIFYING PHYSICAL DISABILITIES. 0 0 3633752 3910925 TO PROVIDE 235 RENTAL APARTMENTS TO ELDERLY LOW INCOME INDIVIDUALS AND THOSE ADULTS WITH QUALIFYING PHYSICAL DISABILITIES. 877775 756809 TO PROVIDE MEALS AND OTHER CONVENIENCES TO ELDERLY, LOW INCOME INDIVIDUALS LIVING IN RENTAL APARTMENTS. 4511527 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MD X HOMECREST HOUSE 3015984000 14508 HOMECREST ROAD SILVER SPRING MD 20906 MICHAEL LEVIN DIRECTOR 1.00 2.00 X 0 0 0 BRUCE MENDITCH DIRECTOR 1.00 2.00 X 0 0 0 SIMON A BUSTOW DIRECTOR 1.00 2.00 X 0 0 0 JOANNA B FRIEDMAN TREASURER 1.00 2.00 X X 0 0 0 MIKE GOLDMAN PRESIDENT 1.00 2.00 X X 0 0 0 ALI B EHRLICH SECRETARY 1.00 2.00 X X 0 0 0 ALAN B FRANKLE DIRECTOR 1.00 2.00 X 0 0 0 JENNIFER LAVINBUK VICE PRESIDENT 1.00 2.00 X X 0 0 0 BETH K SHAPIRO DIRECTOR 1.00 2.00 X 0 0 0 REBECCA STALLONE DIRECTOR 1.00 2.00 X 0 0 0 JOE PODSON EXECUTIVE DIRECTOR (UNTIL SEPT 2017) 7.00 42.00 X 0 105383 0 CAROL COHEN WOLFE EXECUTIVE DIRECTOR (AS OF OCT 2017) 20.00 20.00 X 0 0 0 0 105383 0 0 0 0 0 THE WOOD COMPANY OF MDSODEXO PO BOX 360170 PITTSBURGH PA 15251 FOOD/MGMT SERVICES 894032 POTOMAC ELEVATOR 5125 MACARTHUR BLVD NW 41 WASHINGTON DC 20016 ELEVATOR SERVICES 316778 NOYES AIR CONDITIONING INC 16761 OAKMONT AVENUE GAITHERSBURG MD 20877 HVAC SERVICES 238375 SECURITAS SECURITY SERVICES INC PO BOX 403412 ATLANTA GA 30384 SECURITY SERVICES 224079 SOLUTIONS CONTRACTING LLC 3710 LEVERTON STREET SILVER SPRING MD 20906 REPAIR SERVICES 129238 6 APARTMENT RENTS 531110 3879816 3879816 MEAL INCOME 531110 756809 756809 SERVICE REVENUE 531110 31109 31109 4667734 1054 1054 4668788 4667734 0 1054 718486 718486 89686 89686 119343 119343 176708 176708 4426 4426 30800 23050 7750 34883 34883 27007 27007 84999 84912 87 342785 342785 8946 8946 394656 394656 493057 493057 36527 36527 ELDERLY SERVICE EXPENSE 877775 877775 CONTRACTS 418511 418511 SECURITY EXPENSE 233155 233155 REPAIRS & MAINTENANCE 201790 201790 227467 225824 1643 4521007 4511527 9480 0 64817 203458 103614 21191 15881 14008 17414297 11680126 5922297 5734171 218560 207206 1456938 1528040 7782107 7708074 299621 226689 9489 6786 9534023 9404391 145879 129332 9989012 9767198 X -2213225 -2065619 6320 6495 -2206905 -2059124 7782107 7708074 147781 0 X 0 1 X 1 0 X 3896839 3890936 3964961 4418784 4667734 20839254 3896839 3890936 3964961 4418784 4667734 20839254 0 0 0 20839254 1062 977 810 353 1054 4256 1062 977 810 353 1054 4256 3897901 3891913 3965771 4419137 4668788 20843510 0.99980 0.99980 0.00020 0.00020 X 523176 523176 16068630 10893418 5175212 140004 115085 24919 682487 671623 10864 5734171 TENANT SECURITY DEPOSITS 90775 RESERVE FOR REPLACEMENTS 1396597 OTHER RESERVES 39113 OTHER ASSETS 1555 1528040 TENANT SECURITY DEPOSITS 89378 PREPAID RENT 848 OTHER LIABILITIES 39106 129332 X 4668788 0 4668788 0 4668788 4521007 0 4521007 0 4521007 PART X, LINE 2: NATIONAL CAPITAL B'NAI B'RITH HOUSING FOUNDATION, INC. HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("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 JUNE 30, 2018. 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 2015 REMAIN OPEN. FORM 990, PART I, LINE 1 TO PROVIDE AFFORDABLE HOUSING AND SERVICES TO LOW AND VERY LOW INCOME ELDERLY PERSONS AND THOSE ADULTS WITH QUALIFYING PHYSICAL DISABILITIES. FORM 990, PART VI, SECTION A, LINE 3 ON OCTOBER 1, 2017, MANAGEMENT DUTIES WERE DELEGATED TO A MANAGEMENT COMPANY, RESIDENTIAL ONE, LLC. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, REPRESENTING THE ORGANIZATION'S GOVERNING BODY, MEETS TO REVIEW THE FORM 990 AND APPROVES IT FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY: -REVIEWING THE CONFLICT OF INTEREST QUESTIONNAIRE COMPLETED BY EMPLOYEES. -REVIEWING DISCLOSURES OF PROPOSED COVERED TRANSACTIONS. -REVIEWING THE PROPOSED COVERED TRANSACTIONS TO DETERMINE IF THEY MEET THE STANDARDS DEFINED IN THE CONFLICT OF INTEREST POLICY. -MAINTAINING MINUTES AND SUCH OTHER DOCUMENTATION THAT IS NECESSARY AND APPROPRIATE TO DOCUMENT ITS REVIEW OF COVERED TRANSACTIONS. -REVIEWING THE OPERATION OF THE CONFLICT OF INTEREST POLICY AND MAKING CHANGES FROM TIME TO TIME AS IT IS DEEMED APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 NO BOARD MEMBERS ARE COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. NATIONAL CAPITAL HSG MGMT CORP 14508 HOMECREST ROAD SILVER SPRING MD 20906 521155317 MANAGEMENT MD 501(C)(3) LINE 10 NATL CAPITAL 0 NTL CAP B'NAI B'RITH ASSISTED HSG CORP 14508 HOMECREST ROAD SILVER SPRING MD 20906 521517014 AFFORD HSNG MD 501(C)(3) LINE 7 NATL CAPITAL 0 NTL CAP FOUNDATION FOR HOMECREST HOUSE 14508 HOMECREST ROAD SILVER SPRING MD 20906 521517016 FUNDRAISING MD 501(C)(3) LINE 12A, I NATL CAPITAL 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0