2015-08-10T15:37:57-05:00 2014-12-31 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2014-01-01 521738992 SHELTER FOUNDATION INC SHEL 4109620595 111 S CALVERT STREET NO 2700 BALTIMORE MD 21202 MARK K JOSEPH PRESIDENT 4109620595 2015-08-10 1 WILLIAM E TURCO CPA P00369217 3012963600 2014 2016-04-25 22:37:26Z MARK K JOSEPH 111 S CALVERT STREET NO 2700 BALTIMORE MD 21202 15827957 0 X N/A X 1988 MD 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. 7 7 0 9 0 0 0 0 2123349 3292073 1516585 542543 368194 590540 4008128 4425156 929433 1339426 0 0 0 0 0 0 0 2410416 2146580 3339849 3486006 668279 939150 36529657 37672083 12042928 12320211 24486729 25351872 X 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. 0 0 3314062 1339426 3714235 TO PROVIDE HOUSING FOR THE BENEFIT OF THE ELDERLY LOW-INCOME, AND HOMELESS. 3314062 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 MD X COOKIE BALDUCCI 4109620595 111 S CALVERT STREET NO 2700 BALTIMORE MD 21202 X PATRICIA H JOSEPH CHAIRPERSON 1.00 X X 0 0 0 JESSICA K JOSEPH VICE-PRESIDENT 1.00 X X 0 0 0 CARA S J WEIMAN VICE-PRESIDENT 1.00 X X 0 0 0 ROBERT C EMBRY JR SECRETARY 1.00 X X 0 0 0 PATRICIA BAUM DIRECTOR 1.00 X 0 0 0 SHALE D STILLER DIRECTOR 1.00 X 0 0 0 JONATHAN EISNER DIRECTOR 1.00 X 0 0 0 MARK K JOSEPH PRESIDENTTREASURER 1.00 X 0 0 0 MARILYNN K DUKER VICE-PRESIDENT 1.00 X 0 0 0 MELVA BALDUCCI ASSISTANT SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 900099 2314307 2314307 INTEREST ON LOANS 900099 977766 977766 3292073 432592 432592 11512752 11402801 109951 109951 109951 OTHER INCOME 900099 422162 422162 GAIN FROM PARTNERSHIP 900099 168378 168378 590540 4425156 3714235 0 710921 X 1339426 1339426 25104 25104 13533 13533 371014 371014 319331 318227 1104 136566 136566 616417 539340 77077 290212 290212 8262 8262 OPERATIONS & MAINTENANC 303880 303880 OTHER EXPENSES 46864 46864 AMORTIZATION 15397 15397 3486006 3314062 171944 0 759080 928411 795292 206996 7506322 53612 8936386 8911669 138793 148257 12245203 5569308 6946103 6675895 9778315 10871420 784169 887053 885197 8988770 36529657 37672083 250000 220955 442500 2993 11065122 10879829 727806 773934 12042928 12320211 X 24486729 25351872 24486729 25351872 36529657 37672083 939150 -47646 -26361 0 X 0 1 X 1 0 X 3931444 2440863 2941978 3295930 3714235 16324450 3931444 2440863 2941978 3295930 3714235 16324450 0 0 0 16324450 189737 156010 460441 222676 432592 1461456 189737 156010 460441 222676 432592 1461456 4121181 2596873 3402419 3518606 4146827 17785906 0.91780 0.89310 0.08220 0.10680 X 750000 750000 11216046 5361406 5854640 279157 207902 71255 6675895 TENANT SECURITY DEPOSITS 53433 MORTGAGE ESCROWS AND RESERVE DEPOSITS 516004 DEFERRED LOAN COSTS, NET OF AMORTIZATION 207893 INTEREST RECEIVABLE 8211440 8988770 ACCRUED INTEREST PAYABLE 722763 SECURITY DEPOSIT LIABILITY 51171 773934 X 4357358 -47646 -9052 -56698 4414056 11100 11100 4425156 3444406 -41600 -41600 3486006 0 3486006 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, 2014, THE FOUNDATION HAD NO TAXABLE UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES WAS REQUIRED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE WHOLLY-OWNED SUBSIDIARY TSF IS A CORPORATION SUBJECT TO FEDERAL AND STATE INCOME TAXES. AT DECEMBER 31, 2014, NO FEDERAL OR STATE INCOME TAXES WERE PAYABLE AND THERE WERE NO TEMPORARY DIFFERENCES WHICH WOULD HAVE RESULTED IN DEFERRED TAXES. 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 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE RECORDED IN CONSOLIDATED FINANCIAL STATEMENTS -9,052. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONSULTING FEE RECLASSED FROM EXPENSES 11,100. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSES RECORDED IN CONSOLIDATED FINANCIAL STATEMENTS -30,500. CONSULTING FEE RECLASSED TO REVENUE -11,100. 1 ARTS EDUCATION IN MARYLAND SCHOOLS ALLIA 175 W OSTEND STREET SUITE A-3 BALTIMORE MD 21230 522056349 501(C)(3) 7000 CONTRIBUTION BALTIMORE COMMUNITY FOUNDATION 2 E READ ST 9TH FL BALTIMORE MD 21202 237180620 501(C)(3) 502000 CONTRIBUTION BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN 128 W FRANKLIN ST BALTIMORE MD 21201 262221540 501(C)(3) 20000 CONTRIBUTION BALTIMORE MUSEUM OF ART 10 ART MUSEUM DRIVE BALTIMORE MD 21218 526000162 501(C)(3) 38650 CONTRIBUTION BALTIMORE SCHOOL FOR THE ARTS FOUNDATION 712 CATHEDRAL STREET BALTIMORE MD 21201 521174284 501(C)(3) 28500 CONTRIBUTION BALTIMORE SYMPHONY ORCHESTRA INC 1212 CATHEDRAL STREET BALTIMORE MD 21201 520629696 501(C)(3) 47500 CONTRIBUTION BETH AM SYNAGOGUE 2501 EUTAW PLACE BALTIMORE MD 21217 521009455 501(C)(3) 70000 CONTRIBUTION CATHOLIC CHARITIES 1966 GREENSPRING DRIVE TIMONIUM MD 21093 520591538 501(C)(3) 10000 CONTRIBUTION COLLEGEBOUND FOUNDATION INC 300 WASTER ST 300 BALTIMORE MD 21202 521598921 501(C)(3) 10000 CONTRIBUTION CRISTO REY JESUIT HIGH SCHOOL 420 SOUTH CHESTER STREET BALTIMORE MD 21231 050632734 501(C)(3) 30000 CONTRIBUTION THE EVERYMAN THEATRE INC 315 WEST FAYETTE STREET BALTIMORE MD 21201 521593239 501(C)(3) 20000 CONTRIBUTION KENNEDY KRIEGER INSTITUTE 707 NORTH BROADWAY BALTIMORE MD 21205 521734695 501(C)(3) 12440 CONTRIBUTION MARYLAND FOOD BANK 2200 HALETHORPE FARMS ROAD BALTIMORE MD 21227 521135690 501(C)(3) 20000 CONTRIBUTION OPEN SOCIETY INSTITUTE 224 WEST 57TH STREET 4TH FLOOR NEW YORK NY 10019 137029285 501(C)(3) 20000 CONTRIBUTION RUTGERS FOUNDATION 7 COLLEGE AVENUE WINANTS HALL NEW BRUNSWICK NJ 08901 237318742 501(C)(3) 10000 CONTRIBUTION TEACH FOR AMERICA 2601 NORTH HOWARD STREET SUITE 300 BALTIMORE MD 21218 133541913 501(C)(3) 50000 CONTRIBUTION THE CAMPAIGN FOR ENOCH PRATT LIBRARY 400 CATHEDRAL ST BALTIMORE MD 21201 526001143 501(C)(3) 50000 CONTRIBUTION THE HARFORD-BELAIR FOUNDATION 4308 HARFORD ROAD BALTIMORE MD 21214 521957830 501(C)(3) 10000 CONTRIBUTION THE JOURNEY HOME PO BOX 331025 MURFREESBORO TN 37133 205605975 501(C)(3) 6725 CONTRIBUTION THE PARKS & PEOPLE FOUNDATION 800 WYMAN PARK DRIVE SUITE 010 BALTIMORE MD 21211 521349346 501(C)(3) 22500 CONTRIBUTION UNITED WAY OF CENTRAL MARYLAND 100 SOUTH CHARLES STREET 5TH FLOOR BALTIMORE MD 21203 520591543 501(C)(3) 35000 CONTRIBUTION THE ASSOCIATED 101 W MOUNT ROYAL AVE BALTIMORE MD 21201 526024192 501(C)(3) 245000 CONTRIBUTION 22 PART I, LINE 2: GRANTS AND CONTRIBUTIONS ARE SUBMITTED TO THE CHAIRPERSON AND PRESIDENT FOR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS, ANNUALLY, APPROVES THESE GRANTS AND CONTRIBUTIONS. 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 11 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. FORM 990, PART IX, LINE 11G ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 371,014. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 371,014. 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 0 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 0 1 0.50100 ELLICOTT CITY DEVELOPMENT LLLP 218 N CHARLES ST BALTIMORE MD 21201 522150580 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD TSF INVESTMENT CORPORATION RELATED 0 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 0 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 0 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 0 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 -596 68817 0 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 0 1 0.50100 TSF INVESTMENT CORPORATION 621 PRATT ST BALTIMORE MD 21202 522096220 INVESTMENTS IN LOW INCOME HOUSING MD SHELTER FOUNDATION INC C -9052 26254 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0