2019-02-06T12:56:33-06:00 2018-09-30 221430039 SOBEL & CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2017-10-01 223660414 HOMES BY TLC INC HOME 6099899417 1880 PRINCETON AVE LAWRENCEVILLE NJ 08648 CELIA MURPHEE BERNSTEIN TRUSTEE 6099899417 2019-02-04 1 BRIDGET HARTNETT P01429163 9739949494 2019-01-29 96.225.92.15 2019-02-04 15:16:28 ES P A9748B036D873C3474C84E39FAC6DF6ADCEF983B 4C84F2E4754EDABD1601D80A9BA97309DA3F6D80 2017 2019-02-21 02:37:17Z CELIA MURPHEE BERNSTEIN 1880 PRINCETON AVE LAWRENCEVILLE NJ 08648 1743828 0 X N/A X 1999 NJ PRODUCTION AND OPERATION OF PERMANENT AFFORDABLE HOUSING AND TRANSITIONAL LIVING FOR HOMELESS AND WORKING POOR FAMILIES. 9 9 0 0 -17035 -5287 459811 130789 790011 1423531 611 -101622 -86635 -17035 1163798 1435663 0 0 0 0 0 0 0 0 0 1037325 1217764 1037325 1217764 126473 217899 10085694 12172368 6471769 8133077 3613925 4039291 PRODUCTION AND OPERATION OF PERMANENT AFFORDABLE HOUSING AND TRANSITIONAL LIVING FOR HOMELESS AND WORKING POOR FAMILIES. 0 0 1190474 1423531 PRODUCTION AND OPERATION OF PERMANENT AFFORDABLE HOUSING AND TRANSITIONAL LIVING FOR HOMELESS AND WORKING POOR FAMILIES. 1190474 1 1 0 0 0 0 0 0 1 0 1 0 0 0 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 0 0 0 0 1 10 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X HOMES BY TLC INC 6099899417 1880 PRINCETON AVE LAWRENCEVILLE NJ 08648 X ANN KOSCO CO-CHAIRPERSON 2.00 X X 0 0 0 MARTHA LAMAR CO-CHAIRPERSON 2.00 X X 0 0 0 BARRY J FREEDMAN TREASURER 2.00 X X 0 0 0 LEO STINSON TRUSTEE 2.00 X 0 0 0 MARK OLINSKY TRUSTEE 2.00 X 0 0 0 CELIA MURPHEE BERNSTEIN TRUSTEE 2.00 X 0 0 0 JACQUELINE STACEY TRUSTEE 2.00 X 0 0 0 MARIA SIERRA TRUSTEE 2.00 X 0 0 0 TIJUANA RICHARDSON TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 0 130789 130789 PROGRAM SERVICE FEES 531110 630636 630636 TENANT RENT 531110 608083 608083 PROGRAM SUPPORT 531110 151200 151200 TENANT ASSISTANCE PAYMENTS 531110 33612 33612 1423531 1134 1134 110621 127656 -17035 -17035 -17035 77753 180509 -102756 -102756 -102756 1435663 1423531 -17035 -101622 9005 7474 1531 25555 21211 4344 22023 18608 3415 236488 236488 20940 20940 302638 302638 85094 85094 REPAIRS AND MAINTENANCE 206891 206891 MAINTENANCE SERVICE FEE 112000 112000 SOCIAL SERVICE FEE 106560 106560 PROPERTY MANAGEMENT FEE 90000 72000 18000 570 570 1217764 1190474 27290 0 901300 340699 183976 602802 62500 42118 14334032 3301614 8828760 11032418 109158 154331 10085694 12172368 301711 393132 7748 15449 50960 61153 6111350 7513343 0 150000 6471769 8133077 X 3263925 3912734 350000 126557 3613925 4039291 10085694 12172368 X 217899 207467 X X 0 1 X 1 1 1 X 277703 152280 383967 459811 761425 2035186 668789 867544 857177 790011 792895 3976416 946492 1019824 1241144 1249822 1554320 6011602 0 0 0 6011602 284300 150342 149270 69673 111755 765340 284300 150342 149270 69673 111755 765340 853 4662 5515 1230792 1171019 1395076 1319495 1666075 6782457 0.88630 0.79200 0.11280 0.14000 X 0 1 X 1536519 1536519 6390076 2070749 4319327 3582015 1041313 2540702 163135 160758 2377 2662287 28794 2633493 11032418 LINE OF CREDIT 150000 150000 X 1673130 237467 237467 1435663 0 1435663 1247764 30000 30000 1217764 0 1217764 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS SECURITY DEPOSITS IN TRUST IN THE NAME OF EACH TENANT. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECORDED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING 2018. AT SEPTEMBER 30, 2018, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 127,656. FORGIVENESS OF DEBT 109,811. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 30,000. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO, REVIEWED BY, AND APPROVED BY THE BOARD, BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS REVIEW AND SIGN CONFLICT OF INTEREST POLICY ANNUALLY FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST AND ON GUIDESTAR.COM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S POLICIES ARE AVAILABLE BE REQUEST IN PERSON, BY PHONE, OR THROUGH E-MAIL. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -30,000. RENTAL EXPENSES 127,656. FORGIVENESS OF DEBT 109,811. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGES FROM PRIOR YEAR.