2013-11-14T11:20:50-06:00 2012-12-31 BDO USA LLP 1700 MARKET STREET 29TH FLOOR PHILADELPHIA PA 19103 990 2012-01-01 232895377 PROJECT HOME COMMUNITY DEVELOPMENT CORP % BOOKKEEPER PROJ 2152327229 1515 FAIRMOUNT AVENUE Suite PHILADELPHIA PA 19130 JOAN DAWSON MCCONNON 2152327229 2013-08-05 true BERNADETTE M DANIEL CPA 2156365500 2012 2016-02-24 21:20:13Z Joan Dawson McConnon 2101 Brandywine Street Philadelphia PA 19130 8019559 false X www.projecthome.org X To provide affordable housing to low-income individuals and families in the North Philadelphia area. 6 2 0 0 0 0 7633174 0 205990 0 4990 0 175405 0 8019559 0 0 0 0 0 0 0 0 0 0 1287844 0 1287844 0 6731715 277112 11373315 7651 5605236 269461 5768079 X To provide affordable housing to low-income individuals and families in the North Philadelphia area. The corporation acquires, rehabilitates, and sells properties to qualifying individuals and operates 112 affordable housing units and commercial space. true false 1264806 257581 Operation of affordable housing units 1264806 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false true false false false false false true false false false true 3 0 true 0 false false false false false false false false false false X 6 2 false false false false false false false true false false false true false false false false X BOOKKEEPER 2152327229 2101 BRANDYWINE STREET PHILADELPHIA PA 19130 Joan Dawson McConnon 5.0 40.0 X X 0 169474 17003 S Mary Scullion 2.0 40.0 X X 0 80002 6297 Priscilla Bennett 0.0 35.0 X X 0 22840 7769 Charlene Taylor 0.0 5.0 X 0 3324 0 Mike Breen X 0 0 0 Alice Herron X 0 0 0 0 275640 31069 0 false true false 0 19730 538444 7075000 7633174 APARTMENT RENT - TENANT 532000 205990 205990 205990 4990 4990 0 0 123814 123814 0 123814 0 0 0 0 MISCELLANEOUS 900099 51591 51591 51591 8019559 257581 4990 X 0 0 0 0 0 0 0 0 0 0 49019 49019 2070 2070 20500 20500 0 0 0 0 961 961 894 894 0 0 100427 100427 0 0 0 0 212367 212367 0 253183 253183 14706 14706 BAD DEBTS 17420 17420 MISCELLANEOUS ADMINISTRATIVE 468 468 OPERATING & MAINTENANCE 211632 211632 PURCHASED SERVICES 263119 263119 141078 141078 1287844 1264806 23038 0 202531 182564 0 7075000 66925 0 0 59843 0 0 0 0 0 0 0 0 0 0 8122319 4812017 0 3310302 0 0 0 0 0 0 0 0 7656 745606 277112 11373315 7651 151064 0 0 0 0 0 0 0 0 0 0 0 2355256 0 0 0 3098916 7651 5605236 X 269461 -1486365 0 7254444 0 0 269461 5768079 277112 11373315 X 6731715 -1233097 X false true X true true true X 100000 100000 100000 100000 558174 958174 0 0 100000 100000 100000 100000 558174 958174 0 958174 237 422 185 83 123814 124741 0 51591 51591 1134506 0.84457 0.80710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 117167 117167 7568363 4435486 3132877 436789 376531 60258 3310302 DEPOSITS 2546 DUE FROM REALTED PARTY 179444 TENANT SECURITY DEPOSITS 16259 PREPAID EXPENSES 5552 DEPOSITS & RESERVES 527455 DEFERRED FINANCING FEES 14350 745606 0 DEPOSITS & PREPAYMENT LIABILITIES 31433 NOTE PAYABLE, PROJECT H.O.M.E. 3067483 3098916 X 8019559 8019559 8019559 1287844 1287844 1287844 Part X, Line 2 Fin 48 Footnote The Corporation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. As of December 31, 2012, the Corporation did not identify any uncertain tax positions taken or expected to be taken in an income tax return which would require adjustment to or disclosure in its financial statements. In addition, the Corporation believes it has not engaged in any activites for which its tax-exempt status would not be sustained under Internal Revenue Service examination. Generally, the Corporation is ptentially subject to Federal income tax examination for fiscal years subsequent to 2008. false false false false false false false false false Joan Dawson McConnon 0 169474 0 0 0 0 0 3368 0 14685 0 187527 0 0 S Mary Scullion Joan D McConnon Directors of Project HOME 312138 Mgmt fee & reimbursed exp false Part IIII, question 2 Significant program services On January 31, 2012, the Corporation purchased the assets and liabilites of five related partnerships with common control. Question 12c (Policies) Form 990, Part VI, Section B There is one board meeting each year and the board members are asked to sign and submit their statement at this time. Question 11 (Policies) Form 990, Part VI, Section B Form 990 is e-mailed to all board members for review and approval prior to filing. Question 8B (Governance) Form 990, Part VI, Section A There are no committees outside of the governing body. Question 19 (Disclosure) Form 990, Part VI, Section C A copy is maintained by the comtroller for public inspection as required. Form 990, Part XI, Line 9 Other Changes in Net Assets Adjustment as a result of acquisition of five related partnerships OTHER EXPENSES FORM 990 PART IX DESCRIPTION:REAL ESTATE TAXES TOTAL EXPENSES:32628 PROGRAM SERVICES:32628 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:LICENSES & PERMITS TOTAL EXPENSES:6625 PROGRAM SERVICES:6625 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:PROGRAM SERVICE EXPENSES TOTAL EXPENSES:101825 PROGRAM SERVICES:101825 Project HOME 1515 Fairmount Avenue Philadelphia PA 19130 232555950 Affrd Housing PA 501(c)(3) 7 NA false false false true false true false false false false true false false false false true true false true false