JEROME ESTATES HOUSING CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: JEROME ESTATES HOUSING CORPORATION (EIN 06-1465129)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-13
IRS object ID: 201302259349303615
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-13T20:32:06-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MAHONEY SABOL & COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	95 GLASTONBURY BOULEVARD STE 201	AddressLine1
City	GLASTONBURY	City
State	CT	State
ZIP Code	060334453	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	061465129	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	JEROME ESTATES HOUSING CORPORATION	BusinessNameLine1
Business Name Line2	C/O MERIT ASSOCIATES	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	JERO	NameControl
Phone	8608280531	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	93 DEMING ROAD SUITE A	AddressLine1
City	BERLIN	City
State	CT	State
ZIP Code	06037	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	STEPHEN F DARLEY	Name
Title	PRESIDENT	Title
Phone	8608280531	Phone
Date Signed	2013-08-01	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KENNETH A KRON CPA	Name
Phone	8605412000	Phone
Date Prepared	2013-08-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	STEPHEN F DARLEY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	67 NORTH BRANFORD RROAD	AddressLine1
City	BRANFORD	City
State	CT	State
ZIP Code	06405	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1402378	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1997	YearFormation
State Legal Domicile	CT	StateLegalDomicile
Activity Or Mission Description	THE ORGANIZATION PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES SUBJECT TO REGULATION BY HUD.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	3	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	3	NbrIndependentVotingMembers
Total Nbr Employees	7	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	379680	ContributionsGrantsPriorYear
Contributions Grants Current Year	542842	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1138319	ProgramServiceRevenuePriorYear
Program Service Revenue CY	858801	ProgramServiceRevenueCY
Investment Income Prior Year	2267	InvestmentIncomePriorYear
Investment Income Current Year	735	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	1520266	TotalRevenuePriorYear
Total Revenue Current Year	1402378	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	260358	SalariesEtcPriorYear
Salaries Etc Current Year	292384	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1277480	OtherExpensePriorYear
Other Expenses Current Year	1384749	OtherExpensesCurrentYear
Total Expenses Prior Year	1537838	TotalExpensesPriorYear
Total Expenses Current Year	1677133	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-17572	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-274755	RevenuesLessExpensesCY
Total Assets BOY	7773484	TotalAssetsBOY
Total Assets EOY	7394277	TotalAssetsEOY
Total Liabilities BOY	1517400	TotalLiabilitiesBOY
Total Liabilities EOY	1412948	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	6256084	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5981329	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE ORGANIZATION PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES SUBJECT TO REGULATION BY HUD.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1522039	Expense
Description	OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HAS 176 UNITS.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	22050	Expense
Description	OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HAS 176 UNITS.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	22050	TotalOfOtherProgramServiceExp
Total Program Service Expense	1544089	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	21	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	7	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	3	NbrVotingGoverningBodyMembers
Number Independent Voting Members	3	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	true	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CT	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MERIT PROPERTIES	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8608280531	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	93 DEMING ROAD	AddressLine1
Address Line2	SUITE A	AddressLine2
City	BERLIN	City
State	CT	State
ZIP Code	06037	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
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

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	542842	GovernmentGrants
Total Contributions	542842	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	NET RENTAL INCOME	Description
Total Revenue Column	858801	TotalRevenueColumn
Related Or Exempt Function Income	858801	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	858801	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	735	TotalRevenueColumn
Exclusion	$735	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1402378	TotalRevenueColumn
Related Or Exempt Function Income	858801	RelatedOrExemptFunctionIncome
Exclusion	$735	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	233319	Total
Program Services	233319	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	39353	Total
Program Services	39353	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	19712	Total
Program Services	19712	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	106743	Total
Management And General	106743	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	30481	Total
Program Services	30481	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	63209	Total
Program Services	45131	ProgramServices
Management And General	18078	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	6263	Total
Program Services	6263	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	16446	Total
Program Services	8223	ProgramServices
Management And General	8223	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	795535	Total
Program Services	795535	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	68886	Total
Program Services	68886	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	237683	Total
Program Services	237683	ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
ADMINISTRATIVE (BAD DEBT)	59073	59073
OTHER FINANCIAL EXPENSES	430	430

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1677133	Total
Program Services	1544089	ProgramServices
Management And General	133044	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	4264	BOY
EOY	6424	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	85358	BOY
EOY	38269	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	23810	BOY
EOY	24991	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	9367088	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3138107	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	5902579	BOY
EOY	6228981	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	151563	BOY
EOY	146934	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1605910	BOY
EOY	948678	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	7773484	BOY
EOY	7394277	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	206481	BOY
EOY	145386	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1221071	BOY
EOY	1174959	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	89848	BOY
EOY	92603	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1517400	BOY
EOY	1412948	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	6256084	BOY
EOY	5981329	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6256084	BOY
EOY	5981329	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7773484	BOY
EOY	7394277	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-274755	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	358566	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	369449	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	372393	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	379680	CurrentTaxYearMinus1Year
Current Tax Year	542843	CurrentTaxYear
Total	2022931	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1280514	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1219699	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1118722	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1138319	CurrentTaxYearMinus1Year
Current Tax Year	855799	CurrentTaxYear
Total	5613053	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1639080	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1589148	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1491115	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1517999	CurrentTaxYearMinus1Year
Current Tax Year	1398642	CurrentTaxYear
Total	7635984	Total

Field	Value	IRS element (for citing)
Public Support Total509	7635984	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6152	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2553	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2585	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2267	CurrentTaxYearMinus1Year
Current Tax Year	736	CurrentTaxYear
Total	14293	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6152	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2553	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2585	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2267	CurrentTaxYearMinus1Year
Current Tax Year	736	CurrentTaxYear
Total	14293	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1645232	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1591701	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1493700	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1520266	CurrentTaxYearMinus1Year
Current Tax Year	1399378	CurrentTaxYear
Total	7650277	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99810	PublicSupportPercentage509
Prior Year Support Percentage	0.99770	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	862705	OtherCostOrOtherBasis
Book Value	862705	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	8207354	OtherCostOrOtherBasis
Depreciation	2951852	Depreciation
Book Value	5255502	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	297029	OtherCostOrOtherBasis
Depreciation	186255	Depreciation
Book Value	110774	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	6228981	TotalOfBookValueLandBuildings

Other Assets OtherAssets (5 entries)

DescriptionDescription	Book ValueBookValue
REPLACEMENT RESERVES	702700
MORTGAGE ESCROW DEPOSITS	143632
TENANT SECURITY DEPOSITS	94845
OTHER RESERVES	7501
CONSTRUCTION IN PROCESS

Field	Value	IRS element (for citing)
Total Book Value Other Assets	948678	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	TENANT SECURITY DEPOSITS	Description
Amount	$92,603	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	92603	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	1402378	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1402378	RevenueSubtotal
Total Revenue Per Form990	1402378	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1677133	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1677133	ExpensesSubtotal
Total Expenses Per Form990	1677133	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACCOMPLISHMENT DESCRIPTION	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.
RELATED PARTY INFORMATION AMONG OFFICERS	FORM 990, PAGE 6, PART VI, LINE 2	STEPHEN DARLEY STEVEN MONTESANO DIRECTOR DIRECTOR BUSINESS RELATIONSHIPS DEBRA SILVESTRI DIRECTOR BUSINESS RELATIONSHIPS
OFFICERS WHO CANNOT BE REACHED	FORM 990, PAGE 6, PART VI, LINE 9	STEPHEN DARLEY STEVEN MONTESANO DEBRA SILVESTRI
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	COPY OF FORM 990 PROVIDED TO GOVERNING BODY FOR THEIR REVIEW BEFORE FILING
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	FORM 990 AVAILABLE ON GUIDESTAR WEBSITE

JEROME ESTATES HOUSING CORPORATION: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

Activity Other ActivityOther

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

Program Service Revenue ProgramServiceRevenue

Investment Income InvestmentIncome

Total Revenue TotalRevenue

Other Salaries And Wages OtherSalariesAndWages

Other Employee Benefits OtherEmployeeBenefits

Payroll Taxes PayrollTaxes

Fees For Services Management FeesForServicesManagement

Fees For Services Legal FeesForServicesLegal

Fees For Services Accounting FeesForServicesAccounting

Advertising Advertising

Office Expenses OfficeExpenses

Occupancy Occupancy

Interest Interest

Depreciation Depletion DepreciationDepletion

Other Expenses OtherExpenses (2 entries)

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Intangible Assets IntangibleAssets

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FS Audited Basis FSAuditedBasis

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Total509 Total509

Gross Investment Income509 GrossInvestmentIncome509

Investment Income And UBTI InvestmentIncomeAndUBTI

Total Support Total TotalSupportTotal

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Equipment Equipment

Other Assets OtherAssets (5 entries)

Other Liabilities OtherLiabilities

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Comments