SHALOM TOWERS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: SHALOM TOWERS INC (EIN 22-2260993)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2025-11-18
IRS object ID: 202533229349301018
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-18T09:14:07-06:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	582646754	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CARTER & COMPANY CPAS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 279	AddressLine1Txt
City	DESTIN	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32540	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	222260993	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHALOM TOWERS INC	BusinessNameLine1Txt
Business Name Line2	C/O COMMUNITY REALTY MANAGEMENT INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SHAL	BusinessNameControlTxt
Phone	6096468861	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7301 MARSHALL AVENUE	AddressLine1Txt
City	VENTNOR	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08406	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	YALE STEINGARD	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	6096468861	PhoneNum
Signature	2025-11-18	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SAMUEL T BOERMA	PreparerPersonNm
PTIN	P00614373	PTIN
Phone	8506500125	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	YALE STEINGARD	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 NORTH 31ST AVE	AddressLine1Txt
City	LONGPORT	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08403	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,856,876	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1982	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE DECENT, AFFORABLE HOUSING FOR LOW-INCOME ELEDERLY AND DISABLED ON A NON-PROFIT BASIS.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$50,000	PYContributionsGrantsAmt
CY Contributions Grants	$35,000	CYContributionsGrantsAmt
PY Program Service Revenue	$2,668,971	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,783,202	CYProgramServiceRevenueAmt
PY Investment Income	$1,609	PYInvestmentIncomeAmt
CY Investment Income	$26,798	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$2,720,580	PYTotalRevenueAmt
CY Total Revenue	$2,845,000	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$645,743	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$734,656	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,933,762	PYOtherExpensesAmt
CY Other Expenses	$1,965,513	CYOtherExpensesAmt
PY Total Expenses	$2,579,505	PYTotalExpensesAmt
CY Total Expenses	$2,700,169	CYTotalExpensesAmt
PY Revenues Less Expenses	$141,075	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$144,831	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,158,038	TotalAssetsBOYAmt
Total Assets EOY	$5,143,676	TotalAssetsEOYAmt
Total Liabilities BOY	$7,675,227	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,516,034	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$2,517,189	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$2,372,358	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,454,827	ExpenseAmt
Revenue	$2,787,173	RevenueAmt
Desc	TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS BY OPERATING A 150-UNIT APARTMENT COMPLEX.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$98,667	ExpenseAmt
Revenue	$21,743	RevenueAmt
Desc	TO PROVIDE SOCIAL SERVICES AND OTHER ANCILLARY SERVICES TO RESIDENTS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$2,553,494	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	27	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COMMUNITY REALTY MANAGEMENT INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6096468861	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36 SOUTH MAIN STREET	AddressLine1Txt
City	PLEASANTVILLE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08232	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
SHANE CONESKY
TRUSTEE	1.00	Yes (X)	$0	$0	$0
ELLIOTT KRAUS
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
MCKINSEY ALSTON
TRUSTEE	1.00	Yes (X)	$0	$0	$0
YALE STEINGARD
PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
FAYE THOMPSON
TRUSTEE	1.00	Yes (X)	$0	$0	$0
PAUL M STANTON
TRUSTEE	1.00	Yes (X)	$0	$0	$0
RYAN BRENNER
TRUSTEE	1.00	Yes (X)	$0	$0	$0
JIM COOPER
TRUSTEE	1.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SECURITY GUARD INC
1142 E CHESTNUT AVENUE	VINELAND	NJ	08360	SECURITY	$220,834
COMMUNITY REALTY MANAGEMENT CORP
36 S MAIN STREET	PLEASANTVILLE	NJ	08232	MANAGEMENT	$101,440

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Related Organizations	$35,000	RelatedOrganizationsAmt
Total Contributions	$35,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME	531110	$2,752,443	$2,752,443
COMMISSARY INCOME	531110	$21,743	$21,743
LAUNDRY & VENDING	531110	$9,016	$9,016

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,783,202	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,084	TotalRevenueColumnAmt
Exclusion	$1,084	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$37,590	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$11,876	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$25,714	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$25,714	TotalRevenueColumnAmt
Related Or Exempt Func Income	$25,714	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,845,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,808,916	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,084	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$529,999	TotalAmt
Program Services	$529,999	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$153,618	TotalAmt
Program Services	$153,618	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$51,039	TotalAmt
Program Services	$51,039	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$101,440	TotalAmt
Management And General	$101,440	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$4,304	TotalAmt
Management And General	$4,304	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$10,500	TotalAmt
Management And General	$10,500	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$47,211	TotalAmt
Program Services	$47,211	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$417,215	TotalAmt
Program Services	$417,215	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$676	TotalAmt
Management And General	$676	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$257,308	TotalAmt
Program Services	$257,308	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$209,616	TotalAmt
Program Services	$209,616	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$194,088	TotalAmt
Program Services	$194,088	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
REPAIRS & MAINTENANCE	$339,480	$339,480
SECURITY CONTRACT	$251,483	$251,483
RESIDENT & SOCIAL SERVI	$82,596	$82,596
MISCELLANEOUS ADMINISTR	$29,755		$29,755

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$19,841	TotalAmt
Program Services	$19,841	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,700,169	TotalAmt
Program Services	$2,553,494	ProgramServicesAmt
Management And General	$146,675	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$151,486	BOYAmt
EOY	$69,434	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$7,447	BOYAmt
EOY	$13,183	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$162,126	BOYAmt
EOY	$187,341	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$13,544,364	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$11,590,816	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,984,731	BOYAmt
EOY	$1,953,548	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,221,090	BOYAmt
EOY	$1,174,862	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,631,158	BOYAmt
EOY	$1,745,308	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,158,038	BOYAmt
EOY	$5,143,676	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$176,526	BOYAmt
EOY	$183,861	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$13,533	BOYAmt
EOY	$16,160	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$7,423,883	BOYAmt
EOY	$7,250,967	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$61,285	BOYAmt
EOY	$65,046	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,675,227	BOYAmt
EOY	$7,516,034	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$2,517,189	BOYAmt
EOY	-$2,372,358	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$2,517,189	BOYAmt
EOY	-$2,372,358	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,158,038	BOYAmt
EOY	$5,143,676	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$144,831	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$30,000	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$45,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$64,058	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$50,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$35,000	CurrentTaxYearAmt
Total	$224,058	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,472,939	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,502,136	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,584,019	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,668,971	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,783,202	CurrentTaxYearAmt
Total	$13,011,267	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,502,939	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,547,136	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,648,077	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,718,971	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,818,202	CurrentTaxYearAmt
Total	$13,235,325	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$13,235,325	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$132	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$135	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,107	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,609	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,084	CurrentTaxYearAmt
Total	$4,067	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$132	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$135	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,107	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,609	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,084	CurrentTaxYearAmt
Total	$4,067	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,503,071	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,547,271	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,649,184	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,720,580	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,819,286	CurrentTaxYearAmt
Total	$13,239,392	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99970	PublicSupportCY509Pct
Public Support PY509	0.99970	PublicSupportPY509Pct
Investment Income CY	0.00030	InvestmentIncomeCYPct
Investment Income PY	0.00030	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$260,152	OtherCostOrOtherBasisAmt
Book Value	$260,152	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,929,000	OtherCostOrOtherBasisAmt
Depreciation	$9,574,411	DepreciationAmt
Book Value	$1,354,589	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,144,922	OtherCostOrOtherBasisAmt
Depreciation	$1,913,551	DepreciationAmt
Book Value	$231,371	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$210,290	OtherCostOrOtherBasisAmt
Depreciation	$102,854	DepreciationAmt
Book Value	$107,436	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,953,548	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
MORTGAGE ESCROWS	$63,845
REPLACEMENT RESERVE	$1,541,353
RESIDUAL RECEIPTS	$67,854
TENANT SECURITY DEPOSITS	$72,256

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$1,745,308	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	TENANT SECURITY DEPOSITS	Desc
Amt	$65,046	Amt

Field	Value	IRS element (for citing)
Total Liability	$65,046	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$2,845,000	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$2,845,000	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$2,845,000	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,700,169	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,700,169	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,700,169	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE DISCUSSED AND APPROVED DURING A BOARD MEETING PRIOR TO ISSUANCE.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR EXAMINATION IN THE BUSINESS OFFICE UPON REQUEST. FORM 990 IS AVAILABLE UPON REQUEST AND CAN ALSO BE OBTAINED VIA THE WEBSITE WWW.GUIDESTAR.ORG.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC	SHANE CONESKY - 4 BAYSHORE COURT, MARGATE, NJ 08402. ELLIOTT KRAUS - 24 HARBOUR LANE, MARGATE, NJ 08402. MCKINSEY ALSTON - 409 OAK AVENUE, LINWOOD, NH 08221. YALE STEINGARD - 5 NORTH 31ST AVENUE, LONGPORT, NJ 08403. FAYE THOMPSON - 7507 BURK AVE., MARGATE, NJ 08402. PAUL M. STANTON - 200 ASBURY AVENUE, OCEAN CITY, NJ 08226. RYAN BRENNER - 302 BARR AVENUE, LINWOOD, NJ 08221. JIM COOPER - 111 CHELTENHAM AVENUE, LINWOOD, NJ 08221.
FORM 990, PART XII, LINE 2C:	NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	SHALOM HOUSING DEVELOPMENT INC CO CRM	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	36 SOUTH MAIN STREET	AddressLine1Txt
City	PLEASANTVILLE	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08232	ZIPCd

Field	Value	IRS element (for citing)
EIN	475142235	EIN
Primary Activities	TO SERVE AS A DEVELOPER TO ASSIST SHALOM TOWERS INC.	PrimaryActivitiesTxt
Legal Domicile State	NJ	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	LINE 12B, II	PublicCharityStatusTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	SHALOM HOUSING DEVELOPMENT INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	C	TransactionTypeTxt
Involved	$35,000	InvolvedAmt
Method Of Amount Determination	COST	MethodOfAmountDeterminationTxt