2018-02-15T15:04:46-06:00 2017-03-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2016-04-01 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 2018-02-15 1 DAMIEN NICKLE CPA P00802786 4107834900 2018-02-06 209.3.217.20 2018-02-15 15:04:41 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 254462B53A974D6D34399EC65428912604C99F45 2016 2021-01-29 14:40:06Z KATHY EBNER 318 SIXTH ST STE 2 ANNAPOLIS MD 21403 152490 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 153031 152440 88 50 0 0 153119 152490 0 0 0 0 0 0 0 0 0 246818 198116 246818 198116 -93699 -45626 1601728 1508685 2067931 2020514 -466203 -511829 HOMES FOR LAUREL, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW INCOME AND MODERATE INCOME ELDERLY. 0 0 180776 152440 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, food delivery, on-site bus stop, computer lab, diabetic clinic, 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. 180776 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 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 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 EFF 10-15-16 PRESIDENT & DIRECTOR 0.25 10.00 X X 0 83000 0 KATHY EBNER EFF 7-6-16 V PRESIDENT & DIRECTOR (NON-VOTING) 0.25 40.00 X X 0 144195 10094 LISA J YAFFE EFF 10-15-16 SECRETARY/TREASURER & DIRECTOR 0.25 0.50 X X 0 0 0 DENNIS M CONTI EFF 10-15-16 DIRECTOR 0.25 0.50 X 0 0 0 CHARLES L EDSON DIRECTOR 0.25 0.50 X 0 0 0 MARY GRACE FOLWELL EFF 10-15-16 DIRECTOR 0.25 0.50 X 0 0 0 TRUDY PARISA MCFALL DIRECTOR (NON-VOTING) 0.25 20.00 X 0 49977 3768 DIANE CLYDE EFF 10-15-16 DIRECTOR (NON-VOTING) 0.25 40.00 X 0 148450 10391 CATHY WALLICK EFF 10-15-16 DIRECTOR (NON-VOTING) 0.25 40.00 X 0 56314 14381 MICHAEL BODAKEN TH 10-14-16 PRESIDENT & DIRECTOR 0.25 0.50 X X 0 0 0 SHARON DWORKIN BELL TH 10-14-16 VICE PRESIDENT & DIRECTOR 0.25 0.50 X X 0 0 0 MARY E ROWLAND TH 10-14-16 SECRETARY & DIRECTOR 0.25 0.50 X X 0 0 0 ARDATH M CADE TH 10-14-16 DIRECTOR 0.25 0.50 X 0 0 0 BERNARD L TETREAULT TH 10-14-16 DIRECTOR 0.25 0.50 X 0 0 0 PAULA SAMPSON TH 7-5-16 DIRECTOR (NON-VOTING) 0.25 40.00 X 0 113750 7963 0 595686 46597 0 0 1 0 0 RENTAL INCOME 151154 151154 OTHER INCOME 1286 1286 152440 50 50 152490 152440 0 50 9458 9458 7882 7882 94 94 7213 7213 47697 47697 3085 3085 UTILITIES 50411 50411 CONTRACTED SERVICES 41300 41300 SUPPLIES 20900 20900 TAXES 10076 10076 198116 180776 17340 0 5127 2345 19169 4681 5340 1957904 626474 1379127 1331430 212793 150401 1601728 1508685 58305 10334 1942916 1942916 66710 67264 2067931 2020514 X -466203 -511829 -466203 -511829 1601728 1508685 -45626 0 X X 0 1 X 0 1 1 X 150264 153457 152433 153031 152440 761625 150264 153457 152433 153031 152440 761625 0 0 0 761625 188 101 96 88 50 523 188 101 96 88 50 523 150452 153558 152529 153119 152490 762148 0.99930 0.99930 0.00070 0.00070 X 50000 50000 1907904 626474 1281430 1331430 TENANT SECURITY DEPOSIT 7715 RESERVES 136017 ESCROW DEPOSITS 6669 150401 TENANT SECURITY DEPOSIT 7029 ADVANCE FROM AFFILIATE -HFA 54427 ACCRUED MANAGEMENT FEES 1012 PREPAID REVENUE 135 ACCRUED PAYROLL 1195 UNCLAIMED PROPERTY 185 ACCRUED EXPENSES - OTHER 3281 67264 X 152490 0 152490 0 152490 198116 0 198116 0 198116 Part X, Line 2: fin 48 disclosure The Organization 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 March 31, 2017. 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 Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2014 remain open. 0 0 0 0 0 0 0 0 0 KATHY EBNER EFF 7-6-16 V PRESIDENT & DIRECTOR (NON-VOTING) 0 144195 0 0 0 0 0 10094 0 0 0 154289 0 0 DIANE CLYDE EFF 10-15-16 DIRECTOR (NON-VOTING) 0 148450 0 0 0 0 0 10391 0 0 0 158841 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 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 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 -41121 7606386 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 -9 96900 1.00000 0 HOMES FOR EMMITSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 454855535 REAL ESTATE MD HOMES FOR AMERICA C -48 139964 1.00000 0 HOMES FOR GREENSPRING INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 203763885 REAL ESTATE MD HOMES FOR AMERICA C -5 166203 0.79000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0