CENTER PARK II INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
CENTER PARK II INC (EIN 23-3034775)
Tax period
2013-09-01 to 2014-08-31
Filed
2015-06-23
IRS object ID
201501749349300935
Schema version
2013v4.0
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)
Return2015-06-23T15:44:08-05:00ReturnTs
Tax Period End2014-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN231144520PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TAIT WELLER & BAKER LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11818 MARKET STREET SUITE 2400AddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19103ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN233034775EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CENTER PARK II INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlCENTBusinessNameControlTxt
Phone2156736446PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18900 ROOSEVELT BLVDAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code191155060ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAY WEINSTEINPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone2156736446PhoneNum
Signature2015-06-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTACY CULLENPreparerPersonNm
PTINP00974305PTIN
Phone2159798800PhoneNum
Preparation2015-06-18PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAY WEINSTEINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line18900 ROOSEVELT BLVDAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19115ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$391,627GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FEDERATIONHOUSING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO PROVIDE SAFE, AFFORDABLE AND WELL MANAGED HOUSING TO LOW-INCOME SENIORS.ActivityOrMissionDesc
Voting Members Governing Body41VotingMembersGoverningBodyCnt
Voting Members Independent41VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Volunteers41TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$388,809PYProgramServiceRevenueAmt
CY Program Service Revenue$390,196CYProgramServiceRevenueAmt
PY Investment Income$1,658PYInvestmentIncomeAmt
CY Investment Income$1,431CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$390,467PYTotalRevenueAmt
CY Total Revenue$391,627CYTotalRevenueAmt
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$132,807PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$136,975CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$421,432PYOtherExpensesAmt
CY Other Expenses$444,798CYOtherExpensesAmt
PY Total Expenses$554,239PYTotalExpensesAmt
CY Total Expenses$581,773CYTotalExpensesAmt
PY Revenues Less Expenses-$163,772PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$190,146CYRevenuesLessExpensesAmt
Total Assets BOY$4,963,253TotalAssetsBOYAmt
Total Assets EOY$4,790,017TotalAssetsEOYAmt
Total Liabilities BOY$116,240TotalLiabilitiesBOYAmt
Total Liabilities EOY$133,150TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,847,013NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,656,867NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION IS TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW-INCOME SENIORS WHO ARE ABLE TO SUSTAIN THEMSELVES IN AN INDEPENDENT LIVING ENVIRONMENT. TO CREATE FACILITIES WHERE OUR RESIDENTS CAN RESIDE AND SOCIALIZE WHILE MAINTAINING A HIGH QUALITY OF LIFE AND ACTIVITY, AND TO HAVE OUR FACILITIES AVAILABLE TO AS MANY SENIORS AS POSSIBLE BY DEVELOPING ADDITIONAL BUILDINGS IN PHILADELPHIA AND THE SURROUNDING SUBURBS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$534,718ExpenseAmt
Revenue$390,196RevenueAmt
DescTO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW-INCOME SENIORS, WHO SUSTAIN THEMSELVES IN INDEPENDENT LIVING ENVIRONMENTS.Desc
Total Program Service Expenses$534,718TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 InvstYes (1)ReportProgramRelatedInvstInd
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 RequiredYes (1)ScheduleJRequiredInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee15EmployeeCnt
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 Members41GoverningBodyVotingMembersCnt
Independent Voting Member41IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ERIC NAFTULINBusinessNameLine1
FieldValueIRS element (for citing)
Phone2156736446PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line18900 ROOSEVELT BLVDAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code191155060ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
LEW ABEL
DIRECTOR2.00Yes (X)$0$0$0
BRETT ALTMAN
VICE PRESIDENT5.00Yes (X)$0$0$0Yes (X)
HOWARD GROSSMAN
DIRECTOR1.00Yes (X)$0$0$0
BENNETT BROAD
DIRECTOR1.00Yes (X)$0$0$0
ROBERT CASSWAY
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL DAVIDSON ESQ
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN FELDMAN
DIRECTOR1.00Yes (X)$0$0$0
FLORRIE FISHER
DIRECTOR1.00Yes (X)$0$0$0
SUSAN FREEDMAN ESQ
DIRECTOR1.00Yes (X)$0$0$0
JEROME GLICKMAN
DIRECTOR2.00Yes (X)$0$0$0
MITCHELL GOLDENBERG
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL GOLDSTEIN
DIRECTOR5.00Yes (X)$0$0$0
RICHARD GREEN
DIRECTOR1.00Yes (X)$0$0$0
FRANK HAAZ ESQ
PRESIDENT10.00Yes (X)$0$0$0Yes (X)
JERRY HELLMANN
DIRECTOR1.00Yes (X)$0$0$0
JEROME KLINE ESQ
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM LANDSBURG ESQ
DIRECTOR1.00Yes (X)$0$0$0
MARVIN LEVIN
DIRECTOR1.00Yes (X)$0$0$0
ALAN LINDY
DIRECTOR1.00Yes (X)$0$0$0
EDWARD TANNEBAUM
DIRECTOR1.00Yes (X)$0$0$0
BARRY LUDWIG
DIRECTOR1.00Yes (X)$0$0$0
ALAN MARKOVITZ ESQ
DIRECTOR1.00Yes (X)$0$0$0
MITCHELL MORGAN
DIRECTOR1.00Yes (X)$0$0$0
MORRIE DEAN ESQ
DIRECTOR1.00Yes (X)$0$0$0
REBECCA J PEIKES
DIRECTOR1.00Yes (X)$0$0$0
FRANK PODIETZ
DIRECTOR1.00Yes (X)$0$0$0
ROSLYN POLLACK
DIRECTOR1.00Yes (X)$0$0$0
JB REIBSTEIN
DIRECTOR1.00Yes (X)$0$0$0
SAUL REIBSTEIN
DIRECTOR1.00Yes (X)$0$0$0
BERNARD ROTH
DIRECTOR1.00Yes (X)$0$0$0
GARY RUBIN
DIRECTOR1.00Yes (X)$0$0$0
IRA SALIGMAN
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
AVALIE SAPERSTEIN
DIRECTOR3.00Yes (X)$0$0$0
JERRY SOKOLOW
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL STEINBERG
DIRECTOR1.00Yes (X)$0$0$0
FRANCINE TABAS
DIRECTOR1.00Yes (X)$0$0$0
ROBERT TABAS
DIRECTOR1.00Yes (X)$0$0$0
JAY WEINSTEIN
TREASURER3.00Yes (X)$0$0$0Yes (X)
LARRY WEISS
DIRECTOR1.00Yes (X)$0$0$0
SUSAN WEISS
SECRETARY1.00Yes (X)$0$0$0Yes (X)
SAMUEL ARONSON
DIRECTOR1.00Yes (X)$0$0$0
ERIC NAFTULIN
EXECUTIVE DIRECTOR1.00$0$142,089$13,607Yes (X)40.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$142,089TotReportableCompRltdOrgAmt
Total Other Compensation$13,607TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TENANT ASSISTANCE PROG531390$214,876$214,876
RENT REVENUE531390$166,359$166,359
MISCELLANEOUS REVENUE531390$6,288$6,288
LAUNDRY AND VENDING531390$2,623$2,623
TENANT CHARGES531390$50$50
FieldValueIRS element (for citing)
Total Program Service Revenue$390,196TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,431TotalRevenueColumnAmt
Exclusion$1,431ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$391,627TotalRevenueColumnAmt
Related Or Exempt Func Income$390,196RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,431ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$111,474TotalAmt
Program Services$111,474ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$15,943TotalAmt
Program Services$15,943ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,558TotalAmt
Program Services$9,558ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$36,383TotalAmt
Management And General$36,383ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,672TotalAmt
Management And General$10,672ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$22TotalAmt
Program Services$22ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,806TotalAmt
Program Services$11,806ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,602TotalAmt
Program Services$1,602ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$697TotalAmt
Program Services$697ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$168,355TotalAmt
Program Services$168,355ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,945TotalAmt
Program Services$17,945ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
UTILITIES$115,021$115,021
MAINTENANCE AND REPAIRS$45,924$45,924
SUPPLIES$17,064$17,064
TRASH REMOVAL$9,347$9,347

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,960TotalAmt
Program Services$9,960ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$581,773TotalAmt
Program Services$534,718ProgramServicesAmt
Management And General$47,055ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$46,521BOYAmt
EOY$1,855EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$431BOYAmt
EOY$106EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,050BOYAmt
EOY$5,469EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,363,973LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,041,573LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,462,679BOYAmt
EOY$4,322,400EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$436,667BOYAmt
EOY$446,296EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,905BOYAmt
EOY$13,891EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,963,253BOYAmt
EOY$4,790,017EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$101,233BOYAmt
EOY$119,297EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,511BOYAmt
EOY$538EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,496BOYAmt
EOY$13,315EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$116,240BOYAmt
EOY$133,150EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$296,187BOYAmt
EOY-$486,333EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,143,200BOYAmt
EOY$5,143,200EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,847,013BOYAmt
EOY$4,656,867EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,963,253BOYAmt
EOY$4,790,017EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$190,146ReconcilationRevenueExpnssAmt
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 CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

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

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$391,856CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$384,214CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$391,307CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$388,809CurrentTaxYearMinus1YearAmt
Current Tax Year$390,196CurrentTaxYearAmt
Total$1,946,382TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$391,856CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$384,214CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$391,307CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$388,809CurrentTaxYearMinus1YearAmt
Current Tax Year$390,196CurrentTaxYearAmt
Total$1,946,382TotalAmt

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$1,946,382PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$3,228CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$441CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,331CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,658CurrentTaxYearMinus1YearAmt
Current Tax Year$1,431CurrentTaxYearAmt
Total$1,633TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$3,228CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$441CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,331CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,658CurrentTaxYearMinus1YearAmt
Current Tax Year$1,431CurrentTaxYearAmt
Total$1,633TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$388,628CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$384,655CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$392,638CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$390,467CurrentTaxYearMinus1YearAmt
Current Tax Year$391,627CurrentTaxYearAmt
Total$1,948,015TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99920PublicSupportCY509Pct
Public Support PY5090.99240PublicSupportPY509Pct
Investment Income CY0.00080InvestmentIncomeCYPct
Investment Income PY0.00760InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$32,276OtherCostOrOtherBasisAmt
Book Value$32,276BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,011,826OtherCostOrOtherBasisAmt
Depreciation$1,832,782DepreciationAmt
Book Value$4,179,044BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$77,489OtherCostOrOtherBasisAmt
Depreciation$25,707DepreciationAmt
Book Value$51,782BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$77,518OtherCostOrOtherBasisAmt
Depreciation$40,779DepreciationAmt
Book Value$36,739BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$164,864OtherCostOrOtherBasisAmt
Depreciation$142,305DepreciationAmt
Book Value$22,559BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,322,400TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
REPLACEMENT RESERVE$439,223F
RESIDUAL RESERVE$7,073F
FieldValueIRS element (for citing)
Total Book Value Program Rltd$446,296TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANT SECURITY DEPOSITSDesc
Amt$13,315Amt
FieldValueIRS element (for citing)
Total Liability$13,315TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$391,627TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$391,627RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$391,627TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$581,773TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$581,773ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$581,773TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN PREVIOUSLY FILED INFORMATION RETURNS AND AS REFLECTED IN ITS FINANCIAL STATEMENTS, WITH REGARD TO ISSUES AFFECTING ITS TAX EXEMPT STATUS, UNRELATED BUSINESS INCOME AND RELATED MATTERS. THE PROJECT BELIEVES THAT IN THE EVENT OF AN EXAMINATION BY TAXING AUTHORITIES, THE PROJECT'S POSITIONS WOULD PREVAIL BASED UPON THE TECHNICAL MERITS OF SUCH POSITIONS. THEREFORE, THE PROJECT HAS CONCLUDED THAT NO TAX BENEFITS OR LIABILITIES ARE REQUIRED TO BE RECOGNIZED IN ACCORDANCE WITH THE ACCOUNTING INTERPRETATION. THE PROJECT'S FEDERAL INFORMATION RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS, INCLUDING THE FISCAL YEARS ENDING AUGUST 31, 2011, 2012 AND 2013, AS WELL AS THE RETURN TO BE FILED FOR THE YEAR ENDED AUGUST 31, 2014.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonERIC NAFTULINPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$142,089CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$13,607DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$155,696TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DIRECTORS SAUL REIBSTEIN AND JB REIBSTEIN ARE RELATED.
FORM 990, PART VI, SECTION A, LINE 3FEDERATION HOUSING, INC. IS THE MANAGEMENT COMPANY OVERSEEING AND PERFORMING ADMINISTRATIVE DUTIES FOR THIS ENTITY.
FORM 990, PART VI, SECTION B, LINE 11THE TAX RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE, EXECUTIVE VICE PRESIDENT AND THE AUDIT/ FINANCE COMMITTEE OF THE BOARD. THE RETURN IS MADE AVAILABLE TO THE ENTIRE BOARD BEFORE IT IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST STATEMENTS ARE SIGNED BY THE BOARD MEMBERS UPON ELECTION TO THE BOARD AND MONITORED BY THE EXECUTIVE VICE PRESIDENT, FINANCE DIRECTOR AND THE AUDIT/FINANCE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15THE PERSONNEL COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF KEY EMPLOYEES BY TAKING INTO CONSIDERATION CASH AND NONCASH COMPENSATION, PERFORMANCE EVALUATION, EXPERIENCE, AND MARKET DATA.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
FEDERATION HOUSING INC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115232122054HOUSINGPA501(C)(3)11B0
ROBERT SALIGMAN HOUSE
8900 ROOSEVELT BLVDPHILADELPHIAPA19115232031321HOUSINGPA501(C)(3)90FEDERATION HOUSING INC
MIRIAM & ROBERT M RIEDER HOUSE INC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115222634156HOUSINGPA501(C)(3)90FEDERATION HOUSING INC
ARBOR HOUSE INC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115232245941HOUSINGPA501(C)(3)90FEDERATION HOUSING INC
FEDERATION APARTMENTS INC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115231733766HOUSINGPA501(C)(3)90FEDERATION HOUSING INC
SHALOM APARTMENTS OF FEDERATION HOUSING
8900 ROOSEVELT BLVDPHILADELPHIAPA19115232068466HOUSINGPA501(C)(3)90FEDERATION HOUSING INC
FHI TREVOSE LANDHOLDING INC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115453814787LAND HOLDING COMPANYPA501(C)(25)0FEDERATION HOUSING INC

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Predominant Income TypePredominantIncomeTypeTxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
BYBERRY ELDERLY ASSOCIATES LP
8900 ROOSEVELT BLVDPHILADELPHIAPA19115232918021LOW-INCOME HOUSINGPAFEDERATION HOUSING INCN/A00
CENTER PARK AFFORDABLE HOUSING LP
8900 ROOSEVELT BLVDPHILADELPHIAPA19115731686754LOW-INCOME HOUSINGPAFEDERATION HOUSING INCN/A00
509 ASHBOURNE LP
8900 ROOSEVELT BLVDPHILADELPHIAPA19115260163157LOW-INCOME HOUSINGPAFEDERATION HOUSING INCN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Entity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CENTER PARK GP INC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115731686751MANAGEMENT OF FEDERALLY SUBSIDIZED HOUSING PROJECTS.PAFEDERATION HOUSING INCC0
EPHRAIM GOLDSTEIN HOUSE
8900 ROOSEVELT BLVDPHILADELPHIAPA19115232927365MANAGEMENT OF FEDERALLY SUBSIDIZED HOUSING PROJECTS.PAFEDERATION HOUSING INCC0
509 ASHBOURNE GP LLC
8900 ROOSEVELT BLVDPHILADELPHIAPA19115460733864MANAGEMENT OF FEDERALLY SUBSIDIZED HOUSING PROJECTS.PAFEDERATION HOUSING INCC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.