BETA

SHALOM TOWERS INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
SHALOM TOWERS INC (EIN 22-2260993)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-02-01
IRS object ID
201700329349300820
Schema version
2015v3.0
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)
Return2017-02-01T15:28:20-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222097516PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CAPALDI REYNOLDS & PELOSI PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1332 TILTON ROADAddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08225ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222260993EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHALOM TOWERS INCBusinessNameLine1Txt
Business Name Line2C/O COMMUNITY REALTY MANAGEMENT INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSHALBusinessNameControlTxt
Phone6096468861PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17301 MARSHALL AVENUEAddressLine1Txt
CityVENTNORCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08406ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD COHENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6096468861PhoneNum
Signature2017-01-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLARRY HOROWITZPreparerPersonNm
PTINP01250816PTIN
Phone6096414000PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRICHARD COHENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1429 N QUINCY AVENUEAddressLine1Txt
CityMARGATECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08402ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,139,215GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$22,344PYContributionsGrantsAmt
CY Contributions Grants$24,179CYContributionsGrantsAmt
PY Program Service Revenue$2,344,558PYProgramServiceRevenueAmt
CY Program Service Revenue$2,102,921CYProgramServiceRevenueAmt
PY Investment Income$2,743PYInvestmentIncomeAmt
CY Investment Income$1,015CYInvestmentIncomeAmt
PY Other Revenue$8,420PYOtherRevenueAmt
CY Other Revenue$11,100CYOtherRevenueAmt
PY Total Revenue$2,378,065PYTotalRevenueAmt
CY Total Revenue$2,139,215CYTotalRevenueAmt
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$347,047PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$409,008CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,001,427PYOtherExpensesAmt
CY Other Expenses$2,167,638CYOtherExpensesAmt
PY Total Expenses$2,348,474PYTotalExpensesAmt
CY Total Expenses$2,576,646CYTotalExpensesAmt
PY Revenues Less Expenses$29,591PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$437,431CYRevenuesLessExpensesAmt
Total Assets BOY$2,903,570TotalAssetsBOYAmt
Total Assets EOY$5,393,868TotalAssetsEOYAmt
Total Liabilities BOY$4,831,099TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,758,828TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,927,529NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$2,364,960NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,130,790ExpenseAmt
Revenue$2,082,282RevenueAmt
DescTO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$68,195ExpenseAmt
Revenue$31,739RevenueAmt
DescTO PROVIDE SOCIAL SERVICES AND OTHER ANCILLARY SERVICES TO RESIDENTS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,198,985TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 Required0ScheduleJRequiredInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
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 Policy0ConflictOfInterestPolicyInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY REALTY MANAGEMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6096468861PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line136 SOUTH MAIN STREETAddressLine1Txt
CityPLEASANTVILLECityNm
State AbbreviationNJStateAbbreviationCd
ZIP08232ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RICHARD COHEN
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DAVID BERNSTEIN
VICE-PRESIDENT2.00Yes (X)Yes (X)$0$0$0
ELLIOTT KRAUS
SECRETARY2.00Yes (X)Yes (X)$0$0$0
JEROME GREENBERG
TREASURER2.00Yes (X)Yes (X)$0$0$0
EDWARD ALTMAN
TRUSTEE1.00Yes (X)$0$0$0
SUSIE FELDMAN
TRUSTEE1.00Yes (X)$0$0$0
EDMOND KULP
TRUSTEE1.00Yes (X)$0$0$0
STAN WALDMAN
TRUSTEE1.00Yes (X)$0$0$0
YALE STEINGARD
TRUSTEE1.00Yes (X)$0$0$0
FAYE THOMPSON
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$24,179GovernmentGrantsAmt
Total Contributions$24,179TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
APARTMENT RENTS531110$2,073,329$2,073,329
COMMISSARY REVENUE531110$22,032$22,032
CONGREGATE CARE PROGRA531110$7,560$7,560
FieldValueIRS element (for citing)
Total Program Service Revenue$2,102,921TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,015TotalRevenueColumnAmt
Exclusion$1,015ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONCESSIONS531110$7,943$7,943
MISCELLANEOUS REVENUE531110$3,157$3,157
FieldValueIRS element (for citing)
Other Revenue Total$11,100OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,139,215TotalRevenueColumnAmt
Related Or Exempt Func Income$2,114,021RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,015ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$334,014TotalAmt
Program Services$159,255ProgramServicesAmt
Management And General$174,759ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$43,284TotalAmt
Program Services$20,776ProgramServicesAmt
Management And General$22,508ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$31,710TotalAmt
Program Services$15,221ProgramServicesAmt
Management And General$16,489ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$76,487TotalAmt
Management And General$76,487ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$879TotalAmt
Management And General$879ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,625TotalAmt
Management And General$12,625ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,835TotalAmt
Management And General$2,835ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$792TotalAmt
Management And General$792ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$49,789TotalAmt
Management And General$49,789ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$500,371TotalAmt
Program Services$485,875ProgramServicesAmt
Management And General$14,496ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,197TotalAmt
Management And General$1,197ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$344,135TotalAmt
Program Services$344,135ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$464,783TotalAmt
Program Services$464,783ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$167,133TotalAmt
Program Services$167,133ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONTRACTS$162,658$162,658
RELOCATION EXPENSE$148,982$148,982
CONGREGATE CARE & SOCIA$68,195$68,195
NON-CRITICAL REPAIRS$61,286$61,286

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$105,491TotalAmt
Program Services$100,686ProgramServicesAmt
Management And General$4,805ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,576,646TotalAmt
Program Services$2,198,985ProgramServicesAmt
Management And General$377,661ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,496BOYAmt
EOY$113,191EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,000,309BOYAmt
EOY$2,346,819EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,627BOYAmt
EOY$17,752EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$128,730BOYAmt
EOY$150,867EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,872,215LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,106,976LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,679,554BOYAmt
EOY$2,765,239EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$70,854BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,903,570BOYAmt
EOY$5,393,868EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$280,498BOYAmt
EOY$360,024EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$4,497,887BOYAmt
EOY$7,018,265EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$52,714BOYAmt
EOY$380,539EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,831,099BOYAmt
EOY$7,758,828EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,927,529BOYAmt
EOY-$2,364,960EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,927,529BOYAmt
EOY-$2,364,960EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,903,570BOYAmt
EOY$5,393,868EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$437,431ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$34,716CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,303CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,344CurrentTaxYearMinus1YearAmt
Current Tax Year$24,179CurrentTaxYearAmt
Total$100,542TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,363,143CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,519,421CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,387,128CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,352,978CurrentTaxYearMinus1YearAmt
Current Tax Year$2,114,021CurrentTaxYearAmt
Total$11,736,691TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,363,143CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,554,137CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,406,431CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,375,322CurrentTaxYearMinus1YearAmt
Current Tax Year$2,138,200CurrentTaxYearAmt
Total$11,837,233TotalAmt

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$11,837,233PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$905CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$428CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$556CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,743CurrentTaxYearMinus1YearAmt
Current Tax Year$1,015CurrentTaxYearAmt
Total$5,647TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$905CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$428CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$556CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,743CurrentTaxYearMinus1YearAmt
Current Tax Year$1,015CurrentTaxYearAmt
Total$5,647TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,364,048CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,554,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,406,987CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,378,065CurrentTaxYearMinus1YearAmt
Current Tax Year$2,139,215CurrentTaxYearAmt
Total$11,842,880TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99950PublicSupportCY509Pct
Public Support PY5090.99940PublicSupportPY509Pct
Investment Income CY0.00050InvestmentIncomeCYPct
Investment Income PY0.00060InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,123,427OtherCostOrOtherBasisAmt
Depreciation$8,007,379DepreciationAmt
Book Value$116,048BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,344,191OtherCostOrOtherBasisAmt
Depreciation$639,747DepreciationAmt
Book Value$704,444BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$629,171OtherCostOrOtherBasisAmt
Depreciation$300,044DepreciationAmt
Book Value$329,127BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,515,274OtherCostOrOtherBasisAmt
Depreciation$159,806DepreciationAmt
Book Value$1,355,468BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,765,239TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
TENANT SECURITY DEPOSITS$48,676
PREPAID RENTS$1,280
DUE TO SHALOM HOUSING DEVELOPMENT, INC.$330,583
FieldValueIRS element (for citing)
Total Liability$380,539TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,139,215TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,139,215RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,139,215TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,576,646TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,576,646ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,576,646TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT HAS EVALUATED UNCERTAIN TAX POSITIONS TAKEN BY THE ORGANIZATION. THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION ARE RECOGNIZED WHEN THE POSITION IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, TO BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER TAXING AUTHORITY. THE ORGANIZATION HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2013.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE DISCUSSED AND APPROVED DURING A BOARD MEETING PRIOR TO ISSUANCE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING 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 VIIRICHARD COHEN - 429 N QUINCY AVENUE, MARGATE, NJ 08402. DAVID BERNSTEIN - 605 KINGSLEY DRIVE, VENTNOR, NJ 08406. ELLIOTT KRAUS - 24 HARBOR LANE, MARGATE, NJ 08402. JEROME GREENBERG - 220 N CLERMONT AVENUE, MARGATE, NJ 08402. EDWARD ALTMAN - 309 N FREDERICKSBURG AVENUE, VENTNOR, NJ 08406. SUSIE FELDMAN - 12 SO. UNION AVE, MARGATE, NJ 08402. EDMOND KULP - 609 N HUNTINGTON AVE, MARGATE, NJ 08402. STAN WALDMAN - 7400 BAYSHORE DRIVE, MARGATE, NJ 08402. YALE STEINGARD - 426 N. PEMBROKE AVE, MARGATE, NJ 08402. FAYE THOMPSON - 7507 BURK AVE, MARGATE, NJ 08402.

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