2015-05-15T15:18:16-05:00 2014-12-31 461169726 HAMMOND & BURNS LLC 155 WILLOWBROOK BLVD SUITE 430 WAYNE NJ 074707033 990 2014-01-01 237311149 THE RIESE PROJECTS INC RIES 9732799262 211 20TH AVENUE PATERSON NJ 07501 RICHARD F WARD JR TREASURER 9732799262 2015-05-06 1 NEIL E BURNS CPA P00133451 9734920101 2015-05-06 X 2014 2016-04-25 22:37:26Z MSGR HERBERT K TILLYER 777 VALLEY ROAD CLIFTON NJ 07013 1606143 0 X N/A X 1971 NJ THE PROJECT IS A 201 UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN PATERSON, NJ. THE PROJECT IS OPERATED UNDER SECTION 236 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE NEW JERSEY HOUSING MORTGAGE AND FINANCE AGENCY (NJHMFA) AND THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 7 7 6 0 0 0 0 0 1608012 1600191 760 828 49396 5124 1658168 1606143 0 0 0 0 296266 285284 0 0 0 1370267 1239616 1666533 1524900 -8365 81243 6558697 6803947 3039325 3203332 3519372 3600615 TO PROVIDE LOW-INCOME SENIOR CITIZENS AND HANDICAPPED HOUSING. THE RIESE PROJECTS INC PROVIDES 201 UNITS, WITH ONE OF THE UNITS OCCUPIED BY THE SUPERINTENDENT. 0 0 1524900 1605315 TO PROVIDE LOW INCOME SENIOR CITIZEN HOUSING. THE PROJECT HAS 201 UNITS. 1524900 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 6 1 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 1 1 1 0 0 1 1 0 0 0 0 0 1 0 X CORPORATION 9732799262 211 20TH AVENUE PATERSON NJ 07501 X MSGR HERBERT K TILLYER PRESIDENT 10.00 X X 0 0 0 RICHARD WARD JR TREASURER 5.00 X X 0 0 0 JOSEPH DUFFY DIRECTOR 1.00 X 0 0 0 MOST REVEREND FRANK J RODIMER DD DIRECTOR 1.00 X 0 0 0 ROBERT J SADUR DIRECTOR 1.00 X 0 0 0 ANDREW F MCBRIDE III ESQ DIRECTOR 1.00 X 0 0 0 DEACON PETER CISTARO DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 RAYMOND P MARZULLI COMPANY INC 264 BELLEVILLE AVENUE BLOOMFIELD NJ 07003 BUILDING MANAGEMENT AND ACCOUNTING SERVI 130579 1 RENT- SENIOR HOUSING P 531110 1571177 1571177 EXCESS RENT REFUND 531110 29014 29014 1600191 828 828 LAUNDRY INCOME 531190 15010 15010 MISCELLANEOUS INCOME 531190 2712 2712 SECTION 236 INVESMENT 531190 -12598 -12598 5124 1606143 1605315 0 828 204814 204814 10368 10368 46072 46072 24030 24030 118579 118579 1094 1094 10165 10165 45850 45850 20606 20606 836865 836865 -85725 -85725 179386 179386 112796 112796 1524900 1524900 0 0 149387 59745 1234724 1585832 16889 22367 54863 66805 7488439 2546911 5102834 4941528 127670 6558697 6803947 94838 93663 8048 9369 2837233 3000000 99206 100300 3039325 3203332 X 3519372 3600615 3519372 3600615 6558697 6803947 81243 0 X 0 1 X 0 1 1 81993 81993 6732253 1964138 4768115 674193 582773 91420 4941528 TENANT SECURITY DEPOSITS 100300 100300 1624171 18028 18028 1606143 0 1606143 1624725 99825 99825 1524900 0 1524900 PART XI, LINE 2D - OTHER ADJUSTMENTS: REFUNDS FROM REPAIRS & REPLACEMENT FUND 18,028. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR REPAIRS & REPLACE FUND 99,825. FORM 990, PART VI, SECTION A, LINE 3 THE DAY TO DAY OPERATION OF THE PROJECTS IS CONTRACTED TO THE RAYMOND P. MARZULLI COMPANY, INC., A PROFESSIONAL REAL ESTATE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CORPORATION MAY BE ANY CITIZEN OF THE UNITED STATE OF MAJORITY AGE, INTERESTED IN THE EXTENSION OF THE OBJECTIVES OF THE CORPORATION, WHO HAS DULY EXECUTED AND FILED AN APPLICATION FOR MEMBERSHIP WHICH HAS BEEN APPROVED BY MAJORITY VOTE OF THE BOARD OF DIRECTORS, SHALL BE CONSIDERED A VOTING MEMBER OF THE GENERAL MEMBERSHIP OF THE CORPORATION. NO MEMBER SHALL HAVE THE RIGHT TO MORE THAN ONE VOTE ON ANY ISSUED, MOTION OR RESOLUTION AT ANY GENERAL, ANNUAL OR SPECIAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE APPOINTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DISTRIBUTIONS FROM THE REPAIRS AND REPLACEMENT RESERVE MUST BE APPROVED BY THE NEW JERSEY HOUSING AND MORTGAGE FINANCE AUTHORITY. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT AND TREASURER RECEIVE A HARD COPY OF THE FORM 990 AND REVIEW IT BEFORE IT IS FILED. THE FORM 990 IS THEN REVIEWED BY THE ENTIRE BOARD AT THE ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15B MANAGING FEES PAID TO THE MANAGING AGENT ARE DETERMINED IN ACCORDANCE WITH HUD REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE OFFICES OF THE CORPORATION. THE RIESE CORPORATION 211 20TH AVENUE PATERSON NJ 07501 221823795 LOW INCOME HOUSING NJ 501(C)4 N/A 0 THE RIESE ST GERARD HOUSING CORP 505 WEST BROADWAY PATERSON NJ 07522 227311149 LOW INCOME HOUSING NJ 501(C)3 7 N/A 0 RIESE MADISON PARK INC 70 DEY STREET PATERSON NJ 07503 222125691 LOW INCOME HOUSING NJ 501(C)3 7 N/A 0 THE RIESE ST MARY'S COPORATION 200 PENNINGTON AVENUE PASSAIC NJ 07055 222299252 LOW INCOME HOUSING NJ 501(C)3 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0