2023-05-12T08:55:36-05:00 2022-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2022-01-01 383881451 SACRED HEART VILLAGE II INC SACR 3026525523 115 EAST 14TH ST WILMINGTON DE 19801 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 3026525523 2023-05-12 1 BROTHER RONALD GIANNONE 999009999 0 JONATHAN D MOLL CPA P01053700 3022250600 2023-05-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BROTHER RONALD GIANNONE 115 EAST 14TH ST WILMINGTON DE 19801 435191 0 X HTTP://WWW.SACREDHEARTVILLAGE2.ORG/ X 2012 DE PROVIDING ELDERLY PERSONS (62 AND OLDER) WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND OTHER NEEDS, TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. 8 8 11 3 0 0 150 500 374586 433751 2 17 1441 923 376179 435191 0 0 0 0 162899 178805 0 0 0 442732 460082 605631 638887 -229452 -203696 7426109 7299353 6668382 6745322 757727 554031 X SACRED HEART VILLAGE II INC. IS A NONPROFIT ORGANIZATION FORMED TO PROVIDE VERY LOW-INCOME ELDERLY PERSONS (62 AND OLDER) WITH AFFORDABLE HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND OTHER NEEDS, TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. 0 0 579335 434674 TO PROVIDE AFFORDABLE HOUSING FOR VERY LOW-INCOME ELDERLY PERSONS. THE ORGANIZATION OPERATES A 26-UNIT HOUSING FACILITY. 579335 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 X X BROTHER RONALD GIANNONE 3026525523 115 E 14TH ST WILMINGTON DE 19801 JIMMY HORTY TREASURER 1.00 X X 0 0 0 SUSAN C CANNING PRESIDENT 1.00 X X 0 0 0 JOAN WACHSTEIN MEMBER 1.00 X 0 0 0 MARGARET E LEVESQUE MEMBER 1.00 X 0 0 0 GERT ABEL MEMBER 1.00 X 0 0 0 L VINCENT RAMUNNO ESQ MEMBER 1.00 X 0 0 0 SARA T TONER ESQ VICE PRESIDENT 1.00 X X 0 0 0 LINDSAY ORR ESQ SECRETARY 1.00 X X 0 0 0 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 5.00 35.00 X 0 129679 12436 0 129679 12436 0 0 0 0 0 500 500 TENANT ASSISTANCE PAYM 531110 308631 308631 TENANT RENT REVENUE 531110 110291 110291 OTHER TENANT RENTS 531110 12000 12000 TENANT FEES - LAUNDRY 531390 1519 1519 TENANT PARKING 531390 1310 1310 433751 17 17 OTHER REVENUE 531390 923 923 923 435191 434674 0 17 139451 125506 13945 3270 2943 327 25555 23000 2555 10529 9476 1053 15525 3105 12420 16800 13200 3600 24788 22309 2479 9745 8771 974 109512 104036 5476 775 388 387 39742 35768 3974 207649 197267 10382 23466 22293 1173 MISCELLANEOUS EXPENSES 5980 5383 597 PROGRAM SUPPLIES 4001 4001 0 PRINTING AND PUBLICATIO 1859 1673 186 OTHER SUPPLIES 240 216 24 638887 579335 59552 0 65882 100383 59124 88169 10528 3164 8296985 1189485 7290575 7107500 137 7426109 7299353 135333 173366 10762 9790 6080427 6080427 441860 481739 6668382 6745322 X 757727 554031 757727 554031 7426109 7299353 -203696 0 X X 0 1 X 1 1 1 X 580679 100 150 500 581429 351770 349177 365438 376027 434674 1877086 43 861 904 932492 350038 365538 376177 435174 2459419 0 0 0 2459419 8 2 17 27 8 2 17 27 932500 350038 365538 376179 435191 2459446 1.00000 1.00000 0.00000 X 0 1 X 372679 372679 7770695 1089284 6681411 9473 4365 5108 144138 95836 48302 7107500 DUE TO AFFILIATES 253857 ACCRUED INTEREST 227745 OPERATING LEASE LIABILITY 137 481739 X 435191 0 435191 0 435191 638887 0 638887 0 638887 PART IV, LINE 2B: THE ORGANIZATION CHARGES ITS TENANTS A SECURITY DEPOSIT. THESE FUNDS ARE MAINTAINED IN A SEPARATE ACCOUNT AND ARE NOT AVAILABLE FOR THE GENERAL OPERATIONS OF THE PROJECT. PART X, LINE 2: INCOME NOT RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA IMPOSE A THRESHOLD FOR DETERMINING WHEN AN INCOME TAX BENEFIT CAN BE RECOGNIZED IN REGARD TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT NO LIABILITY FOR UNCERTAIN TAX POSITIONS IS REQUIRED TO BE ACCRUED AND INCLUDED IN THE STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2022. THE ORGANIZATION'S FEDERAL FORMS 990 FOR THE YEARS ENDED DECEMBER 31, 2019, 2020, AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 3 AS INDICATED IN SCHEDULE R, THE ORGANIZATION ENGAGED MINISTRY OF CARING, INC., A RELATED PARTY, FOR CERTAIN MANAGEMENT AND ACCOUNTING SERVICES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY IS DISTRIBUTED TO THE GOVERNING OFFICERS VIA EMAIL WITH REQUEST TO COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 A REVIEW IS CONDUCTED TO DETERMINE THE APPROPRIATENESS OF COMPENSATION BASED ON THE BUDGET AND COMPARABLE SALARY STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELCETION PROCESS DURING THE TAX YEAR WITH RESPECT TO THE AUDIT OF ITS FINANCIAL STATEMENTS. MINISTRY OF CARING INC 115 E 14TH STREET WILMINGTON DE 19801 510209843 SERVING THE NEEDS OF THE HOMELESS AND THE POOR DE 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0