PATRICIA AND MARK JOSEPH SHELTER FOUNDATION INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: PATRICIA AND MARK JOSEPH SHELTER FOUNDATION INC (EIN 52-1738992)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-08-23
IRS object ID: 201732359349300728
Schema version: 2016v3.0
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
Form 990
Schedule A
Schedule D
Schedule I
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-08-23T12:21:01-05:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9737 WASHINGTONIAN BLVD 400	AddressLine1Txt
City	GAITHERSBURG	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	208787340	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	521738992	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHELTER FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SHEL	BusinessNameControlTxt
Phone	4103855267	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 S CALVERT STREET NO 2700	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK K JOSEPH	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4103855267	PhoneNum
Signature	2017-08-23	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WILLIAM E TURCO CPA	PreparerPersonNm
PTIN	P00369217	PTIN
Phone	3012963600	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	108.171.131.187	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-08-23	IPDt
IP Tm	13:20:46	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	B807BA4C69A73CA6C24C1450FD5847F62F078646	AtSubmissionCreationDeviceId
At Submission Filing Device Id	C19F5D3F195EC13517A150B69ABBCB37DF598FBC	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARK K JOSEPH	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 S CALVERT STREET NO 2700	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$7,365,975	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1988	FormationYr
Legal Domicile State	MD	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE AFFORDABLE HOUSING TO PERSONS OF LOW AND MODERATE INCOME AND TO MAKE GRANTS TO NONPROFIT ORGANIZATIONS AND AGENCIES THAT ADDRESS THE NEEDS OF CHILDREN, THE ELDERLY AND THE COMMUNITY.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	7	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$2,741,578	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,545,373	CYProgramServiceRevenueAmt
PY Investment Income	$12,061,699	PYInvestmentIncomeAmt
CY Investment Income	$535,334	CYInvestmentIncomeAmt
PY Other Revenue	$1,156,369	PYOtherRevenueAmt
CY Other Revenue	$397,926	CYOtherRevenueAmt
PY Total Revenue	$15,959,646	PYTotalRevenueAmt
CY Total Revenue	$3,478,633	CYTotalRevenueAmt
PY Grants And Similar Paid	$2,876,507	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$11,214,623	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,162,020	PYOtherExpensesAmt
CY Other Expenses	$2,361,408	CYOtherExpensesAmt
PY Total Expenses	$6,038,527	PYTotalExpensesAmt
CY Total Expenses	$13,576,031	CYTotalExpensesAmt
PY Revenues Less Expenses	$9,921,119	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$10,097,398	CYRevenuesLessExpensesAmt
Total Assets BOY	$46,449,772	TotalAssetsBOYAmt
Total Assets EOY	$45,008,397	TotalAssetsEOYAmt
Total Liabilities BOY	$12,049,979	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$19,342,587	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$34,399,793	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$25,665,810	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE HOUSING, INCLUDING OWNING, INVESTING IN AND OPERATING RENTAL HOUSING PROJECTS AND ALL RELATED AMENITIES TO BENEFIT HOMELESS PERSONS, THE ELDERLY AND PERSONS OF LOW OR MODERATE INCOME; TO EDUCATE THE PUBLIC ABOUT HOUSING NEEDS; TO PROVIDE EDUCATION AND TRAINING IN HOUSING MANAGEMENT AND RELATED SERVICES; AND TO OPERATE PROGRAMS WHICH AID DISTRESSED URBAN AREAS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$13,280,403	ExpenseAmt
Grant	$11,214,623	GrantAmt
Revenue	$2,943,299	RevenueAmt
Desc	TO PROVIDE HOUSING FOR THE BENEFIT OF THE ELDERLY LOW-INCOME, AND HOMELESS.	Desc
Total Program Service Expenses	$13,280,403	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	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
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	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	Yes (1)	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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	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	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TRACEY TIZARD	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4103855267	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 S CALVERT STREET NO 2700	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

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

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
PATRICIA H JOSEPH
CHAIRPERSON	1.00	Yes (X)	Yes (X)	$0	$0	$0
JESSICA K JOSEPH
VICE-PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
CARA S WEIMAN
VICE-PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
ROBERT C EMBRY JR
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
PATRICIA P BAUM
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JONATHAN EISNER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SHALES D STILLER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MARK K JOSEPH
PRESIDENT/TREASURER	1.00		Yes (X)	$0	$0	$0
MARILYNN K DUKER
VICE-PRESIDENT	1.00		Yes (X)	$0	$0	$0
TRACEY TIZARD
ASSISTANT SECRETARY	1.00		Yes (X)	$0	$0	$0
MELVA BALDUCCI
ASSISTANT SECRETARY UNTIL 03/2016	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
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME	900099	$2,509,134	$2,509,134
INTEREST ON LOANS	900099	$36,239	$36,239

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,545,373	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$744,800	TotalRevenueColumnAmt
Exclusion	$744,800	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$3,677,876	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,887,342	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$209,466	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$209,466	TotalRevenueColumnAmt
Exclusion	-$209,466	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$397,926	TotalRevenueColumnAmt
Related Or Exempt Func Income	$397,926	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$397,926	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,478,633	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,943,299	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$535,334	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$11,214,623	TotalAmt
Program Services	$11,214,623	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$119,454	TotalAmt
Management And General	$119,454	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$43,230	TotalAmt
Management And General	$43,230	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$415,696	TotalAmt
Program Services	$376,796	ProgramServicesAmt
Management And General	$38,900	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$366,451	TotalAmt
Program Services	$365,123	ProgramServicesAmt
Management And General	$1,328	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$132,962	TotalAmt
Program Services	$132,962	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$582,375	TotalAmt
Program Services	$516,315	ProgramServicesAmt
Management And General	$66,060	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$298,553	TotalAmt
Program Services	$298,553	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$8,766	TotalAmt
Management And General	$8,766	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
OPERATIONS & MAINTENANC	$314,061	$314,061
OTHER EXPENSES	$65,116	$47,226	$17,890
AMORTIZATION	$14,744	$14,744

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,576,031	TotalAmt
Program Services	$13,280,403	ProgramServicesAmt
Management And General	$295,628	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$877,212	BOYAmt
EOY	$628,208	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$9,681,529	BOYAmt
EOY	$2,647,568	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$171,356	BOYAmt
EOY	$8,298	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$2,407,417	BOYAmt
EOY	$2,355,300	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$147,979	BOYAmt
EOY	$164,313	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$12,349,098	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$6,162,105	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$6,392,628	BOYAmt
EOY	$6,186,993	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$25,854,793	BOYAmt
EOY	$32,048,824	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$59,375	BOYAmt
EOY	$59,375	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$857,483	BOYAmt
EOY	$909,518	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$46,449,772	BOYAmt
EOY	$45,008,397	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$108,772	BOYAmt
EOY	$102,956	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$815,000	BOYAmt
EOY	$8,279,800	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$535	BOYAmt
EOY	$3,454	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$10,304,862	BOYAmt
EOY	$10,088,094	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$820,810	BOYAmt
EOY	$868,283	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,049,979	BOYAmt
EOY	$19,342,587	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$34,399,793	BOYAmt
EOY	$25,665,810	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$34,399,793	BOYAmt
EOY	$25,665,810	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$46,449,772	BOYAmt
EOY	$45,008,397	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$10,097,398	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,363,415	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
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)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,941,978	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,295,930	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,714,235	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,897,947	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,943,299	CurrentTaxYearAmt
Total	$16,793,389	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,941,978	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,295,930	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,714,235	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,897,947	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,943,299	CurrentTaxYearAmt
Total	$16,793,389	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	$16,793,389	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$460,441	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$222,676	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$432,592	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$423,828	CurrentTaxYearMinus1YearAmt
Current Tax Year	$744,800	CurrentTaxYearAmt
Total	$2,284,337	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$460,441	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$222,676	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$432,592	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$423,828	CurrentTaxYearMinus1YearAmt
Current Tax Year	$744,800	CurrentTaxYearAmt
Total	$2,284,337	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,402,419	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,518,606	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,146,827	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,321,775	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,688,099	CurrentTaxYearAmt
Total	$19,077,726	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.88030	PublicSupportCY509Pct
Public Support PY509	0.90570	PublicSupportPY509Pct
Investment Income CY	0.11970	InvestmentIncomeCYPct
Investment Income PY	0.09430	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$750,000	OtherCostOrOtherBasisAmt
Book Value	$750,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,266,187	OtherCostOrOtherBasisAmt
Depreciation	$5,929,447	DepreciationAmt
Book Value	$5,336,740	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$332,911	OtherCostOrOtherBasisAmt
Depreciation	$232,658	DepreciationAmt
Book Value	$100,253	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,186,993	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
ACCRUED INTEREST PAYABLE	$817,538
SECURITY DEPOSIT LIABILITY	$50,745

Field	Value	IRS element (for citing)
Total Liability	$868,283	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$4,841,925	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,363,415	NetUnrealizedGainsInvstAmt
Other Revenue	-$123	OtherRevenueAmt
Revenue Not Reported	$1,363,292	RevenueNotReportedAmt
Revenue Subtotal	$3,478,633	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,478,633	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$13,576,031	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$13,576,031	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$13,576,031	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME AS DEFINED BY THE INTERNAL REVENUE SERVICE. DURING THE YEAR ENDED DECEMBER 31, 2016, THE FOUNDATION HAD NO TAXABLE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES WAS REQUIRED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2013.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RELATED ENTITY REVENUE RECORDED IN CONSOLIDATED FINANCIAL STATEMENTS -123.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (26 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
AMERICAN CANCER SOCIETY INC
250 WILLIAMS STREET NW	ATLANTA	GA	30303	131788491	501(C)(3)	$7,000	CONTRIBUTION
ARTS EDUCATION IN MARYLAND SCHOOLS ALLIANCE
190 W OSTEND STREET SUITE 210	BALTIMORE	MD	21230	522056349	501(C)(3)	$7,000	CONTRIBUTION
ARTS EVERY DAY
120 W NORTH AVE	BALTIMORE	MD	21201	061780902	501(C)(3)	$32,000	CONTRIBUTION
BALTIMORE COMMUNITY FOUNDATION
2 E READ ST 9TH FL	BALTIMORE	MD	21202	237180620	501(C)(3)	$22,400	CONTRIBUTION
BALTIMORE FESTIVAL OF THE ARTS
10 EAST BALTIMORE ST 10TH FL	BALTIMORE	MD	21202	521559145	501(C)(3)	$10,000	CONTRIBUTION
BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN
128 W FRANKLIN ST	BALTIMORE	MD	21201	262221540	501(C)(3)	$10,000	CONTRIBUTION
BALTIMORE MUSEUM OF ART
10 ART MUSEUM DRIVE	BALTIMORE	MD	21218	526000162	501(C)(3)	$3,025,800	CONTRIBUTION
BALTIMORE SCHOOL FOR THE ARTS FOUNDATION
712 CATHEDRAL STREET	BALTIMORE	MD	21201	521174284	501(C)(3)	$1,543,000	CONTRIBUTION
BALTIMORE SYMPHONY ORCHESTRA INC
1212 CATHEDRAL STREET	BALTIMORE	MD	21201	520629696	501(C)(3)	$1,294,000	CONTRIBUTION
BETH AM SYNAGOGUE
2501 EUTAW PLACE	BALTIMORE	MD	21217	521009455	501(C)(3)	$821,300	CONTRIBUTION
BROWN UNIVERSITY
69 BROWN ST BOX 1822	PROVIDENCE	RI	02912	050258809	501(C)(3)	$45,000	CONTRIBUTION
CATHOLIC CHARITIES
1966 GREENSPRING DRIVE	TIMONIUM	MD	21093	520591538	501(C)(3)	$12,500	CONTRIBUTION
CENTER STAGE
700 N CALVERT STREET	BALTIMORE	MD	21202	520780194	501(C)(3)	$85,000	CONTRIBUTION
COLLEGEBOUND FOUNDATION
300 WATER STREET STE 300	BALTIMORE	MD	21202	521598921	501(C)(3)	$3,500,000	CONTRIBUTION
FUND FOR EDUCATIONAL EXCELLENCE
800 NORTH CHARLES STREET STE 400	BALTIMORE	MD	21201	521129402	501(C)(3)	$20,000	CONTRIBUTION
INSTITUTE FOR CHRISTIAN & JEWISH STUDIE
956 DULANEY VALLEY ROAD	BALTIMORE	MD	21204	521531016	501(C)(3)	$50,750	CONTRIBUTION
JOHNS HOPKINS UNIVERSITY
3400 N CHARLES STREET	BALTIMORE	MD	21218	520595110	501(C)(3)	$5,200	CONTRIBUTION
KENNEDY KRIEGER INSTITUTE
707 NORTH BROADWAY	BALTIMORE	MD	21205	521734695	501(C)(3)	$12,100	CONTRIBUTION
MARYLAND FOOD BANK
2200 HALETHORPE FARMS ROAD	BALTIMORE	MD	21227	521135690	501(C)(3)	$10,000	CONTRIBUTION
MENTOR THE NATIONAL MENTORING PARTNERSHIP
201 SOUTH STREET STE 615	BOSTON	MA	02111	521674088	501(C)(3)	$10,000	CONTRIBUTION
TEACH FOR AMERICA
2601 NORTH HOWARD STREET SUITE 300	BALTIMORE	MD	21218	133541913	501(C)(3)	$115,800	CONTRIBUTION
THE ASSOCIATED
101 W MOUNT ROYAL AVE	BALTIMORE	MD	21201	526024192	501(C)(3)	$300,000	CONTRIBUTION
THE SEED SCHOOL OF MARYLAND
200 FONT HILL AVE	BALTIMORE	MD	21223	061818759	501(C)(3)	$12,000	CONTRIBUTION
UNITED WAY OF CENTRAL MARYLAND
1800 WASHINGTON BLVD SUITE 340	BALTIMORE	MD	21230	520591543	501(C)(3)	$76,000	CONTRIBUTION
UNIVERSITY OF BALTIMORE FOUNDATION
1130 N CHARLES ST	BALTIMORE	MD	21201	237036780	501(C)(3)	$101,000	CONTRIBUTION
WYPR (YOUR PUBLIC RADIO CORPORATION)
2216 NORTH CHARLES STREET	BALTIMORE	MD	21218	311770828	501(C)(3)	$6,500	CONTRIBUTION

Field	Value	IRS element (for citing)
Total501c3 Org	26	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	GRANTS AND CONTRIBUTIONS ARE SUBMITTED TO THE CHAIRPERSON AND PRESIDENT FOR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS, ANNUALLY, APPROVES THESE GRANTS AND CONTRIBUTIONS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	MARK JOSEPH AND PATRICIA JOSEPH ARE HUSBAND AND WIFE CARA WEIMAN AND JESSICA JOSEPH ARE THE DAUGHTERS OF MARK AND PATRICIA JOSEPH
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY AN INDEPENDENT OUTSIDE ACCOUNTANT OF THE FOUNDATION. ONCE PREPARED, THE PRESIDENT AND CHAIRPERSON REVIEW FORM 990 BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE PRESIDENT AND CHAIRPERSON OF THE FOUNDATION MONITOR ALL TRANSACTIONS FOR CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19	THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (7 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct
PARK VIEW AT BEL AIR DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	522210407	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	TSF INVESTMENT CORPORATION	RELATED	$39,684	$145	0	Yes (1)	0.51000
GLEN BURNIE DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	383655425	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	TSF INVESTMENT CORPORATION	RELATED	$40,782	$185	0	Yes (1)	0.50100
SNOWDEN RIVER DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	141889259	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	TSF INVESTMENT CORPORATION	RELATED	$35,140	$35,913	0	Yes (1)	0.50100
ELLICOTT CITY II DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	522271724	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	TSF INVESTMENT CORPORATION	RELATED	$1,665	$60,996	0	Yes (1)	0.50100
PARKVILLE DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	510394855	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	TSF INVESTMENT CORPORATION	RELATED	$60,222		0	Yes (1)	0.50100
COLDSPRING DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	522200928	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	SHELTER FOUNDATION	RELATED	-$587	$56,478	0	Yes (1)	0.51000
WOODBRIDGE COMMONS DEVELOPMENT LLLP
218 N CHARLES ST	BALTIMORE	MD	21201	010809931	OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS	MD	TSF INVESTMENT CORPORATION	RELATED	$98,452	$47,070	0	Yes (1)	0.50100

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	TSF INVESTMENT CORPORATION	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	621 PRATT ST	AddressLine1Txt
City	BALTIMORE	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21202	ZIPCd

Field	Value	IRS element (for citing)
EIN	522096220	EIN
Primary Activities	INVESTMENTS IN LOW INCOME HOUSING	PrimaryActivitiesTxt
Legal Domicile State	MD	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	SHELTER FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Entity Type	C	EntityTypeTxt
Share Of Total Income	-$123	ShareOfTotalIncomeAmt
Share Of EOY Assets	$19,787	ShareOfEOYAssetsAmt
Ownership	1.00000	OwnershipPct
Controlled Organization	Yes (1)	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	0	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