2012-11-14T13:34:14-06:00 2011-12-31 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2011-01-01 521738992 SHELTER FOUNDATION INC SHEL 4432632990 621 EAST PRATT ST NO 600 BALTIMORE MD 21202 MARK K JOSEPH 4432632990 2012-11-14 1 WILLIAM E TURCO CPA P00369217 3012963600 2011 2016-02-24 21:20:13Z MARK K JOSEPH 621 EAST PRATT ST NO 600 BALTIMORE MD 21202 4667382 0 X N/A X 1988 MD TO PROVIDE AFFORDABLE HOUSING TO PERSONS OF LOW AND MODERATE INCOME AND TO MAKE GRANTS TO NONPROFIT ORGANIZATIONS AND AGENCIES THAT ADDRESS THE NEEDS OF CHILDREN, THE ELDERLY AND THE COMMUNITY. 6 6 0 6 0 0 0 0 2139387 2196164 979658 1015356 986468 -122590 4105513 3088930 499100 613717 0 0 0 0 0 0 0 2308853 2480561 2807953 3094278 1297560 -5348 33062095 32863907 11791701 11569421 21270394 21294486 X TO PROVIDE HOUSING, INCLUDING OWNING, INVESTING IN AND OPERATING RENTAL HOUSING PROJECTS AND ALL RELATED AMENITIES TO BENEFIT HOMELESS PERSONS, THE ELDERLY AND PERSONS OF LOW OR MODERATE INCOME; TO EDUCATE THE PUBLIC ABOUT HOUSING NEEDS; TO PROVIDE EDUCATION AND TRAINING IN HOUSING MANAGEMENT AND RELATED SERVICES; AND TO OPERATE PROGRAMS WHICH AID DISTRESSED URBAN AREAS. 0 0 2559009 613717 2073574 TO PROVIDE HOUSING FOR THE BENEFIT OF THE ELDERLY LOW-INCOME, AND HOMELESS. 2559009 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 MD X COOKIE BALDUCCI 4432632990 621 EAST PRATT ST NO 600 BALTIMORE MD 21202 X PATRICIA H JOSEPH 1.00 X X 0 0 0 JESSICA K JOSEPH 1.00 X X 0 0 0 CARA S J WEIMAN 1.00 X X 0 0 0 LEONARD R SACHS 1.00 X X 0 0 0 ROBERT C EMBRY JR 1.00 X X 0 0 0 SHALE D STILLER 1.00 X 0 0 0 MARK K JOSEPH 1.00 X 0 0 0 MARILYNN K DUKER 1.00 X 0 0 0 MELVA BALDUCCI 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 900099 2196164 2196164 2196164 367773 367773 2226035 1578452 647583 647583 647583 OTHER INCOME 900099 -122590 -122590 -122590 3088930 2073574 0 1015356 613717 613717 24337 24337 343456 332592 10864 133 133 329 329 127431 127431 280492 280492 623989 568932 55057 305024 305024 9848 9848 OPERATIONS AND MAINTENA 264106 264106 LOSS FROM PARTNERSHIP 234773 234773 ASSET MANAGEMENT FEE 106561 106561 OTHER EXPENSES 93367 93367 66715 66715 3094278 2559009 535269 0 616237 745705 1275574 1220118 5765642 5958261 8409813 8427097 129873 122350 12122309 4696387 7727620 7425922 6896150 7246689 1535233 978207 705953 739558 33062095 32863907 366401 329184 10924871 10619005 500429 621232 11791701 11569421 X 21270394 21294486 21270394 21294486 33062095 32863907 X -5348 29440 X 0 1 1 X 0 X 1427271 391466 1818737 1698491 2327520 2448986 3132504 2229100 11836601 3125762 2718986 2448986 3132504 2229100 13655338 0 0 0 13655338 995653 917743 530278 988677 367773 3800124 995653 917743 530278 988677 367773 3800124 4121415 3636729 2979264 4121181 2596873 17455462 0.78230 0.74240 0.21770 0.25760 X 750000 750000 11152961 4525619 6627342 219348 170768 48580 7425922 DEFERRED RENT 1303 ACCRUED INTEREST PAYABLE 572092 SECURITY DEPOSIT LIABILITY 47837 621232 3088930 3094278 -5348 29440 29440 24092 2880334 29440 -238036 -208596 3088930 0 3088930 2859505 0 2859505 234773 234773 3094278 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE FOUNDATION IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME AS DEFINED BY THE INTERNAL REVENUE SERVICE. DURING THE YEAR ENDED JUNE 30, 2011, THE FOUNDATION HAD NO TAXABLE UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES WAS REQUIRED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE WHOLLY-OWNED SUBSIDIARY TSF IS A CORPORATION SUBJECT TO FEDERAL AND STATE INCOME TAXES. AT DECEMBER 31, 2011, NO FEDERAL OR STATE INCOME TAXES WERE PAYABLE AND THERE WERE NO TEMPORARY DIFFERENCES WHICH WOULD HAVE RESULTED IN DEFERRED TAXES. THE FOUNDATION ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC TOPIC 740-10), WHICH ADDRESSED THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2009. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED ENTITY ACTIVITIES INCLUDED IN THE FINANCIAL STATEMENTS -3,263. LOSS FROM INVESTMENT IN PARTNERSHIP -234,773. PART XIII, LINE 4B - OTHER ADJUSTMENTS: LOSS FROM INVESTMENT IN PARTNERSHIP 234,773. 1 ARTS EDUCATION IN MARYLAND SCHOOLS ALLIA 175 W OSTEND STREET SUITE A-3 BALTIMORE MD 21230 522056349 501(C)(3) 7000 CONTRIBUTION ARTS EVERY DAY 1800 N CHARLES STREET SUITE 810 BALTIMORE MD 21201 061780902 501(C)(3) 10000 CONTRIBUTION BALTIMORE COMMUNITY FOUNDATION 2 E READ ST 9TH FL BALTIMORE MD 21202 237180620 501(C)(3) 17000 CONTRIBUTION BALTIMORE MONTESSORI PUBLIC CHARTER SCHOOL 1600 GUILFORD AVENUE BALTIMORE MD 21202 205520487 501(C)(3) 10000 CONTRIBUTION BALTIMORE SCHOOL FOR THE ARTS FOUNDATION 712 CATHEDRAL STREET BALTIMORE MD 21201 521174284 501(C)(3) 136527 CONTRIBUTION ASSOCIATED CATHOLIC CHARITIES 320 CATHEDRAL ST BALTIMORE MD 21201 520591538 501(C)(3) 10000 CONTRIBUTION CRISTO REY JESUIT HIGH SCHOOL 420 SOUTH CHESTER STREET BALTIMORE MD 21231 050632734 501(C)(3) 6250 CONTRIBUTION FOUNDATION FOR BLSYW 128 W FRANKLIN ST BALTIMORE MD 21201 262221540 501(C)(3) 50000 CONTRIBUTION GREEN STREET ACADEMY FOUNDATION INC 500 E PRATT ST STE 1200 BALTIMORE MD 21202 272936151 501(C)(3) 10000 CONTRIBUTION KENNEDY KRIEGER INSTITUTE 707 NORTH BROADWAY BALTIMORE MD 21205 521734695 501(C)(3) 8500 CONTRIBUTION MERCY HOSPITAL 301 ST PAUL PLACE BALTIMORE MD 21202 520591658 501(C)(3) 10000 CONTRIBUTION OPEN SOCIETY INSTITUTE-BALTIMORE 400 W 59TH STREET NEW YORK NY 10019 260248258 501(C)(3) 15000 CONTRIBUTION TEACH FOR AMERICA 2601 NORTH HOWARD STREET SUITE 300 BALTIMORE MD 21218 133541913 501(C)(3) 50000 CONTRIBUTION THE ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE 101 WEST MOUNT ROYAL AVENUE BALTIMORE MD 21201 520607957 501(C)(3) 135000 CONTRIBUTION THE JOURNEY HOME PO BOX 331025 MURFREESBORO TN 37133 205605975 501(C)(3) 25000 CONTRIBUTION THE PARKS & PEOPLE FOUNDATION 800 WYMAN PARK DRIVE SUITE 010 BALTIMORE MD 21211 521349346 501(C)(3) 12500 CONTRIBUTION THE SEED SCHOOL OF MARYLAND 200 FONT HILL AVE BALTIMORE MD 21223 061818759 501(C)(3) 8000 CONTRIBUTION UNITED WAY OF CENTRAL MARYLAND 100 SOUTH CHARLES STREET 5TH FLOOR BALTIMORE MD 21203 520591543 501(C)(3) 30000 CONTRIBUTION 18 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS AND CONTRIBUTIONS ARE SUBMITTED TO THE CHAIRPERSON AND PRESIDENT FOR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS, ANNUALLY, APPROVES THESE GRANTS AND CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 MARK JOSEPH AND PATRICIA JOSEPH ARE HUSBAND AND WIFE CARA WEIMAN AND JESSICA JOSEPH ARE THE DAUGHTERS OF MARK AND PATRICIA JOSEPH FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT OUTSIDE ACCOUNTANT OF THE FOUNDATION. ONCE PREPARED, THE PRESIDENT AND CHAIRPERSON REVIEW FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT AND CHAIRPERSON OF THE FOUNDATION MONITOR ALL TRANSACTIONS FOR CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 29,440. PARK VIEW AT BEL AIR DEVELOPMENT LLLP 218 N CHARLES ST BALTIMORE MD 21201 522210407 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD TSF INVESTMENT CORPORATION RELATED 28289 170 0 1 0.51000 GLEN BURNIE DEVELOPMENT LLLP 218 N CHARLES ST BALTIMORE MD 21201 383655425 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD TSF INVESTMENT CORPORATION RELATED 27501 205 0 1 0.50100 ELLICOTT CITY DEVELOPMENT LLLP 218 N CHARLES ST BALTIMORE MD 21201 522150580 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD TSF INVESTMENT CORPORATION RELATED -554 58657 0 1 0.50100 SNOWDEN RIVER DEVELOPMENT LLLP 218 N CHARLES ST BALTIMORE MD 21201 141889259 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD TSF INVESTMENT CORPORATION RELATED -551 217 0 1 0.50100 PARK SETON DEVELOPMENT LIMITED PARTNERSHIP 218 N CHARLES ST BALTIMORE MD 21201 521852718 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD SHELTER FOUNDATION INC RELATED -425 24142 0 1 0.15000 ELLICOTT CITY II DEVELOPMENT LLLP 218 N CHARLES STREET BALTIMORE MD 21201 522271724 OWNERSHIP OF LOW OR MODERATE INCOME APARTMENTS MD TSF INVESTMENT CORPORATION RELATED 1068 63909 0 1 0.50100 TSF INVESTMENT CORPORATION 621 PRATT ST BALTIMORE MD 21202 522096220 INVESTMENTS IN LOW INCOME HOUSING MD N/A C -3263 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0