2011-05-11T11:50:30-05:00 2010-12-31 MAHONEY SABOL & COMPANY LLP 95 GLASTONBURY BOULEVARD STE 201 GLASTONBURY CT 060334453 990 2010-01-01 061465129 JEROME ESTATES HOUSING CORPORATION C/O MERIT ASSOCIATES JERO 8608280531 93 DEMING ROAD SUITE A BERLIN CT 06037 STEPHEN F DARLEY 8608280531 2011-04-25 true KENNETH A KRON 8605412000 2011-05-02 2010 2016-02-24 21:20:13Z STEPHEN F DARLEY 67 NORTH BRANFORD RROAD BRANFORD CT 06405 1493700 false X X 1997 CT THE ORGANIZATION PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES SUBJECT TO REGULATION BY HUD. 3 3 14 0 369449 372393 1219699 1118722 2553 2585 0 1591701 1493700 0 0 280636 255892 0 0 1133418 1209961 1414054 1465853 177647 27847 7977375 7930317 1731566 1656661 6245809 6273656 X THE ORGANIZATION PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES SUBJECT TO REGULATION BY HUD. false false 1341535 OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HOUSES 176 FAMILIES. 865 OPERATION OF JEROME ESTATES WHICH IS A RESIDENTIAL APARTMENT COMPLEX WHICH PROVIDES HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE PROJECT HOUSES 176 FAMILIES. 865 1342400 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 false true 6 0 false 14 true 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 1.00 X 0 0 0 STEVEN MONTESANO 1.00 X 0 0 0 DEBRA SILVESTRI 1.00 X 0 0 0 false false false 372393 372393 NET RENTAL INCOME 1118722 1118722 1118722 2585 2585 1493700 1118722 2585 202685 202685 31759 31759 21448 21448 102449 102449 2473 2473 44655 31905 12750 10119 10119 16508 8254 8254 679258 679258 78818 78818 222111 222111 ADMINISTRATIVE (BAD DEBT) 44299 44299 OTHER FINANCIAL EXPENSES 9271 9271 1465853 1342400 123453 0 49590 100113 101128 107036 70575 20031 8756311 2688562 6245567 6067749 160818 156190 1349697 1479198 7977375 7930317 41878 163523 1593840 1412331 95848 80807 1731566 1656661 X 6245809 6273656 6245809 6273656 7977375 7930317 27847 X false true true X true true X 208627 347923 358566 369449 372393 1656958 1214326 1273457 1280514 1219699 1118722 6106718 1422953 1621380 1639080 1589148 1491115 7763676 7763676 14756 4757 6152 2553 2585 30803 14756 4757 6152 2553 2585 30803 1437709 1626137 1645232 1591701 1493700 7794479 0.99600 0.99570 0.00000 0.01000 X false false false false false false false false false false 862705 862705 7676792 2544504 5132288 208465 135766 72699 8349 8292 57 6067749 REPLACEMENT RESERVES 1171427 MORTGAGE ESCROW DEPOSITS 133651 OTHER RESERVES 102437 TENANT SECURITY DEPOSITS 71683 1479198 TENANT SECURITY DEPOSITS 70916 PREPAID RENTS 9891 ACCRUED INTEREST RECEIVABLE 80807 1493700 1465853 27847 27847 1493700 1493700 1493700 1465853 1465853 1465853 ALL OTHER ACHIEVEMENTS 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 HOUSES 176 FAMILIES. 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