2014-11-16T16:06:21-06:00 2013-12-31 061289571 MAHONEY SABOL & COMPANY LLP 95 GLASTONBURY BOULEVARD STE 201 GLASTONBURY CT 060334453 990 2013-01-01 061465129 JEROME ESTATES HOUSING CORPORATION C/O MERIT ASSOCIATES JERO 8608280531 93 DEMING ROAD SUITE A BERLIN CT 06037 STEPHEN F DARLEY PRESIDENT 8608280531 2014-11-14 true KENNETH A KRON CPA P00412073 8605412000 2014-11-16 2013 2015-11-30 17:44:51Z STEPHEN F DARLEY 67 NORTH BRANFORD RROAD BRANFORD CT 06405 1492473 false X X 1997 CT THE ORGANIZATION PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES SUBJECT TO REGULATION BY HUD. 3 3 0 0 542842 151745 858801 1340052 735 676 0 1402378 1492473 0 0 292384 233056 0 0 1384749 1400310 1677133 1633366 -274755 -140893 7394277 7215732 1412948 1375296 5981329 5840436 X THE ORGANIZATION PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES SUBJECT TO REGULATION BY HUD. false false 1471956 OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HAS 176 UNITS. 23850 OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HAS 176 UNITS. 23850 1495806 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 11 0 false 0 false false false false false false X 3 3 true false false false false false false true true true false true true true false true true false false false CT X MERIT PROPERTIES 8608280531 93 DEMING ROAD SUITE A BERLIN CT 06037 X STEPHEN DARLEY PRESIDENT 1.00 X 0 0 0 STEVEN MONTESANO VICE PRESIDE 1.00 X 0 0 0 DEBRA SILVESTRI SECRETARY 1.00 X 0 0 0 false false false 151745 151745 NET RENTAL INCOME 1340052 1340052 1340052 676 676 1492473 1340052 676 187044 187044 29272 29272 16740 16740 107776 107776 11761 11761 65340 46653 18687 3058 3058 22194 11097 11097 837976 837976 67687 67687 236200 236200 ADMINISTRATIVE (BAD DEBT) 49724 49724 OTHER FINANCIAL EXPENSES -1406 -1406 1633366 1495806 137560 0 6424 29688 38269 77391 24991 28407 9370949 3369676 6228981 6001273 146934 142307 948678 936666 7394277 7215732 145386 116113 1174959 1157453 92603 101730 1412948 1375296 X 5981329 5840436 5981329 5840436 7394277 7215732 -140893 X false true X true false X 369449 372393 379680 542843 151745 1816110 1219699 1118722 1138319 855799 1340052 5672591 1589148 1491115 1517999 1398642 1491797 7488701 7488701 2553 2585 2267 736 676 8817 2553 2585 2267 736 676 8817 1591701 1493700 1520266 1399378 1492473 7497518 0.99880 0.99810 0.00000 X 862705 862705 8204603 3147139 5057464 303641 222537 81104 6001273 REPLACEMENT RESERVES 730200 MORTGAGE ESCROW DEPOSITS 139026 TENANT SECURITY DEPOSITS 66754 INTEREST ON SECURITY DEPOSITS 686 OTHER RESERVES 936666 TENANT SECURITY DEPOSITS 101730 101730 1492473 1492473 1492473 1633366 1633366 1633366 FORM 990, PAGE 2, PART III, LINE 4D OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HAS 176 UNITS. FORM 990, PAGE 6, PART VI, LINE 2 STEPHEN DARLEY STEVEN MONTESANO DIRECTOR DIRECTOR BUSINESS RELATIONSHIPS DEBRA SILVESTRI DIRECTOR BUSINESS RELATIONSHIPS FORM 990, PAGE 6, PART VI, LINE 9 STEPHEN DARLEY STEVEN MONTESANO DEBRA SILVESTRI FORM 990, PAGE 6, PART VI, LINE 11B COPY OF FORM 990 PROVIDED TO GOVERNING BODY FOR THEIR REVIEW BEFORE FILING FORM 990, PAGE 6, PART VI, LINE 19 FORM 990 AVAILABLE ON GUIDESTAR WEBSITE