2015-08-17T12:32:24-05:00 2015-03-31 221478099 COHNREZNICK LLP 500 EAST PRATT ST 200 BALTIMORE MD 21202 990 2014-04-01 522258799 HOMES FOR LAUREL INC CO HOMES FOR AMERICA INC HOME 4102691222 318 SIXTH ST NO STE 2 ANNAPOLIS MD 214032566 MICHAEL BODAKEN PRESIDENT 4102691222 2015-08-17 1 DAMIEN NICKLE CPA P00802786 4107834900 2014 2016-02-25 16:41:14Z MICHAEL BODAKEN 318 SIXTH ST STE 2 ANNAPOLIS MD 21403 152529 0 X WWW.HOMESFORAMERICA.ORG X 2000 MD PLEASE SEE SCHEDULE OHOMES FOR LAUREL, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW INCOME AND MODERATE INCOME ELDERLY. 8 6 0 0 0 0 0 0 153457 152433 101 96 0 0 153558 152529 0 0 0 0 0 0 0 0 0 181531 199165 181531 199165 -27973 -46636 1689546 1641316 2015414 2013820 -325868 -372504 HOMES FOR LAUREL, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW INCOME AND MODERATE INCOME ELDERLY. 0 0 178138 152433 21 UNITS OF HOUSING SERVING SENIOR CITIZENS UNDER SECTION 202 OFTHE FEDERAL HOUSING ACT OF 1959. SERVICES, IN ADDITION TOHOUSING, INCLUDE WEEKLY CONTINENTAL BREAKFAST, MOBILE GROCERYSTORE, MEALS ON WHEELS, FOOD DELIVERY, ONSITE BUS STOP, COMPUTERLAB, DIABETIC SHOE CLINIC, WALKING, AND LENDING LIBRARY.ADDITIONAL SOCIAL PROGRAMS INCLUDE BI-MONTHLY BINGO AND SEASONALLUNCHEONS, BRUNCHES, COOKOUTS, BI-WEEKLY EXERCISE INSTRUCTION ANDTRANSPORTATION TO LAUREL SENIOR CENTER MONDAY THROUGH FRIDAY. 178138 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 MD PA X MEG PETERS 4437162550 180 ADMIRAL COCHRAN DRIVE ANNAPOLIS MD 21401 CHARLES EDSON DIRECTOR 0.25 0.50 X 0 0 0 BERNARD TETREAULT DIRECTOR 0.30 0.50 X 0 0 0 TRUDY MCFALL DIRECTOR (NON-VOTING) 0.30 20.00 X 0 50004 12498 NANCY RASE DIRECTOR (NON-VOTING) 0.30 45.00 X 0 276004 30665 MICHAEL BODAKEN PRESIDENT & DIRECTOR 0.30 0.50 X X 0 0 0 SHARON DWORKIN BELL VICE PRESIDENT & DIRECTOR 0.30 0.50 X X 0 0 0 ARDATH M CADE DIRECTOR 0.30 0.50 X 0 0 0 MARY E ROWLAND SECRETARY & DIRECTOR 0.30 0.50 X X 0 0 0 0 326008 43163 0 0 1 0 0 RENTAL INCOME 151270 151270 OTHER INCOME 1163 1163 152433 96 96 152529 152433 0 96 10770 10770 10257 10257 1316 1316 7839 7839 47697 47697 3172 3172 UTILITIES 46194 46194 CONTRACTED SERVICES 31937 31937 SUPPLIES 30256 30256 TAXES 9727 9727 199165 178138 21027 0 21151 555 1 474 4826 4745 1957904 531080 1474521 1426824 189047 208718 1689546 1641316 3795 4766 1942916 1942916 68703 66138 2015414 2013820 X -325868 -372504 -325868 -372504 1689546 1641316 -46636 0 X 0 1 X 1 1 1 X 152570 153898 150264 153457 152433 762622 152570 153898 150264 153457 152433 762622 0 0 0 762622 292 69 188 101 96 746 292 69 188 101 96 746 152862 153967 150452 153558 152529 763368 0.99900 0.99890 0.00100 0.00110 X 50000 50000 1907904 531080 1376824 1426824 TENANT SECURITY DEPOSIT 7277 REPLACEMENT RESERVE 192261 ESCROW DEPOSITS 9180 208718 TENANT SECURITY DEPOSIT 5965 ADVANCE FROM AFFILIATE -HFA 54427 ACCRUED MANAGEMENT FEES 915 PREPAID REVENUE 675 ACCRUED PAYROLL 549 UNCLAIMED PROPERTY 185 ACCRUED EXPENSES - OTHER 3422 66138 X 152529 0 152529 0 152529 199165 0 199165 0 199165 PART X, LINE 2: FIN 48 DISCLOSURE THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED MARCH 31, 2015. DUE TO ITS TAX EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2012 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 NANCY RASE DIRECTOR (NON-VOTING) 0 276004 0 0 0 0 0 18900 0 11765 0 306669 0 0 SCHEDULE J - QUESTION 3 THE REPORTABLE COMPENSATION FROM A RELATED ORGANIZATION IS BASED UPON APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF FORM 990 IS REVIEWED & AUTHORIZED BY A MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE ANNUAL MEETING AND ALL OFFICERS AND DIRECTORS SIGN A STATEMENT ACKNOWLEDGING THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAIABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. HOMES FOR AMERICA INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 521901220 REAL ESTATE MD 501(C)(3) LINE 9 N/A 0 HOMES FOR ARUNDEL INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 542119728 REAL ESTATE MD 501(C)(3) LINE 9 N/A 0 HOMES FOR LAUREL II INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 364569310 REAL ESTATE MD 501(C)(3) LINE 9 N/A 0 HOMES FOR MCCONNELLSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 522335700 REAL ESTATE MD 501(C)(3) LINE 9 N/A 0 HOMES FOR SHIPPENSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 522148579 REAL ESTATE MD 501(C)(3) LINE 9 N/A 0 HFA COMMUNITY HOUSING DEVELOPMENT 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 262155870 REAL ESTATE MD 501(C)(3) LINE 9 N/A 0 HOMES DEVELOPMENT CORPORATION 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 521940646 REAL ESTATE MD HOMES FOR AMERICA C -656426 4777810 1.00000 0 CLARE COURT CORPORATION 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 432035312 REAL ESTATE MD HOMES FOR AMERICA C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0