SHALOM TOWERS INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SHALOM TOWERS INC (EIN 22-2260993)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-11-20
- IRS object ID
- 201343249349300234
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-20T15:24:33-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222831349 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAVINSKYHOROWITZ & POLLARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6611 WINCHESTER AVE | AddressLine1 |
| City | VENTNOR | City |
| State | NJ | State |
| ZIP Code | 08406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222260993 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHALOM TOWERS INC | BusinessNameLine1 |
| Business Name Line2 | C/O COMMUNITY REALTY MANAGEMENT INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SHAL | NameControl |
| Phone | 6096468861 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 SOUTH MAIN STREET | AddressLine1 |
| City | PLEASANTVILLE | City |
| State | NJ | State |
| ZIP Code | 08232 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD COHEN | Name |
| Title | PRESIDENT | Title |
| Phone | 6096468861 | Phone |
| Date Signed | 2013-10-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LARRY HOROWITZ CPA | Name |
| PTIN | P01250816 | PTIN |
| Phone | 6098234621 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD COHEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 429 N QUINCY AVENUE | AddressLine1 |
| City | MARGATE | City |
| State | NJ | State |
| ZIP Code | 08402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2554565 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1982 | YearFormation |
| State Legal Domicile | NJ | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 34716 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2363143 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2378360 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 905 | InvestmentIncomePriorYear |
| Investment Income Current Year | 428 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 141061 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2364048 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2554565 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 336484 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 367832 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1914334 | OtherExpensePriorYear |
| Other Expenses Current Year | 2008008 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2250818 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2375840 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 113230 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 178725 | RevenuesLessExpensesCY |
| Total Assets BOY | 3509926 | TotalAssetsBOY |
| Total Assets EOY | 3341829 | TotalAssetsEOY |
| Total Liabilities BOY | 5764170 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 5417348 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -2254244 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -2075519 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1931284 | Expense |
| Revenue | 2474613 | Revenue |
| Description | TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND DISABLED ON A NON-PROFIT BASIS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 85492 | Expense |
| Revenue | 44808 | Revenue |
| Description | TO PROVIDE SOCIAL SERVICES AND OTHER ANCILLARY SERVICES TO RESIDENTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2016776 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY REALTY MANAGEMENT INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6096468861 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 SOUTH MAIN STREET | AddressLine1 |
| City | PLEASANTVILLE | City |
| State | NJ | State |
| ZIP Code | 08232 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| RICHARD COHEN | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| DAVID BERNSTEIN | ||||||
| VICE-PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| ELLIOTT KRAUS | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| JEROME GREENBERG | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| EDWARD ALTMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| SHELDON BANKS | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| EDMOND KULP | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| STAN WALDMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| LOIS FRIED | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 34716 | GovernmentGrants |
| Total Contributions | 34716 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| APARTMENT RENTS | 531110 | 2351824 | 2351824 |
| COMMISSARY REVENUE | 531110 | 16444 | 16444 |
| CONGREGATE CARE PROGRA | 531110 | 10092 | 10092 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2378360 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 428 | TotalRevenueColumn |
| Exclusion | $428 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INSURANCE CLAIM PROCEE | 531110 | 122458 | 122458 |
| MISCELLANEOUS REVENUE | 531110 | 11701 | 11701 |
| CONCESSIONS | 531110 | 6902 | 6902 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 141061 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2554565 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2519421 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $428 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 295965 | Total |
| Program Services | 149747 | ProgramServices |
| Management And General | 146218 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46927 | Total |
| Program Services | 23933 | ProgramServices |
| Management And General | 22994 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24940 | Total |
| Program Services | 12720 | ProgramServices |
| Management And General | 12220 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87041 | Total |
| Management And General | 87041 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75 | Total |
| Management And General | 75 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11990 | Total |
| Management And General | 11990 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53291 | Total |
| Management And General | 53291 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15464 | Total |
| Management And General | 15464 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 499333 | Total |
| Program Services | 499333 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 360984 | Total |
| Program Services | 360984 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106030 | Total |
| Program Services | 106030 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| UTILITIES | 228969 | 228969 |
| CONTRACTS | 213756 | 213756 |
| REAL ESTATE TAXES | 132759 | 132759 |
| CONGREGATE CARE & SOCIA | 85492 | 85492 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212824 | Total |
| Program Services | 203053 | ProgramServices |
| Management And General | 9771 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2375840 | Total |
| Program Services | 2016776 | ProgramServices |
| Management And General | 359064 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 600 | BOY |
| EOY | 13801 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1142505 | BOY |
| EOY | 1203727 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36617 | BOY |
| EOY | 42468 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118565 | BOY |
| EOY | 133156 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10003555 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8054878 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2211549 | BOY |
| EOY | 1948677 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3509926 | BOY |
| EOY | 3341829 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142337 | BOY |
| EOY | 117031 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5572095 | BOY |
| EOY | 5246468 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49738 | BOY |
| EOY | 53849 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5764170 | BOY |
| EOY | 5417348 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -2254244 | BOY |
| EOY | -2075519 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -2254244 | BOY |
| EOY | -2075519 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3509926 | BOY |
| EOY | 3341829 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 178725 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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 | 34716 | CurrentTaxYear |
| Total | 34716 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2282784 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2306588 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2394942 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2363143 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2519421 | CurrentTaxYear |
| Total | 11866878 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2282784 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2306588 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2394942 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2363143 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2554137 | CurrentTaxYear |
| Total | 11901594 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 11901594 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9918 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6941 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2272 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 905 | CurrentTaxYearMinus1Year |
| Current Tax Year | 428 | CurrentTaxYear |
| Total | 20464 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9918 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6941 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2272 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 905 | CurrentTaxYearMinus1Year |
| Current Tax Year | 428 | CurrentTaxYear |
| Total | 20464 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2292702 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2313529 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2397214 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2364048 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2554565 | CurrentTaxYear |
| Total | 11922058 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99830 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99610 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00170 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00390 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 260152 | OtherCostOrOtherBasis |
| Book Value | 260152 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8123427 | OtherCostOrOtherBasis |
| Depreciation | 7311085 | Depreciation |
| Book Value | 812342 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1066479 | OtherCostOrOtherBasis |
| Depreciation | 436511 | Depreciation |
| Book Value | 629968 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 450730 | OtherCostOrOtherBasis |
| Depreciation | 281160 | Depreciation |
| Book Value | 169570 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 102767 | OtherCostOrOtherBasis |
| Depreciation | 26122 | Depreciation |
| Book Value | 76645 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1948677 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANT SECURITY DEPOSITS | $51,434 |
| PREPAID RENTS | $2,415 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 53849 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 2554565 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 2554565 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2554565 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2375840 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2375840 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2375840 | TotalExpensesPerForm990 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS AND REVIEWED BEFORE IT IS SIGNED AND FILED. | |
| FORM 990, PART VI, SECTION C, LINE 18 | A REQUEST MUST BE MADE, IN WRITING, TO THE MANAGEMENT AGENT TO VIEW THE PUBLIC RECORDS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | A REQUEST MAY BE MADE, IN WRITING, TO THE MANAGEMENT COMPANY TO INSPECT PUBLIC DOCUMENTS. | |
| FORM 990, PART VII | RICHARD COHEN - 429 N QUINCY AVENUE, MARGATE, NJ 08402. DAVID BERNSTEIN - 605 KINGSLEY DRIVE, VENTNOR, NJ 08406. ELLIOTT KRAUS - 24 HARBOR LANE, MARGATE, NJ 08406. JEROME GREENBERG - 220 N CLERMONT AVENUE, MARGATE, NJ 08406. EDWARD ALTMAN - 309 N FREDERICKSBURG AVENUE, MARGATE, NJ 08402. SHELDON BANKS - 309 N CORNWALL AVENUE, VENTNOR, NJ 08406. EDMOND KULP - 609 N HUNTINGTON AVE, MARGATE, NJ 08402. STAN WALDMAN - 7400 BAYSHORE DRIVE, MARGATE, NJ 08402. LOIS FRIED - 332 TILTON ROAD, NORTHFIELD, NJ 08225. | CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC |
Comments