2024-03-05T14:59:20-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2022-07-01 222362169 OPERATION LIFE INC OPER 7324935900 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 PATRICIA CARLESIMO EXECUTIVE DIRECTOR 7324935900 2024-03-02 1 PATRICIA CARLESIMO 999009999 0 TARA DEL GAVIO P02438051 9739949494 2024-03-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PATRICIA CARLESIMO 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 528799 0 X WWW.LADACIN.ORG X 1980 NJ TO PROVIDE HOUSING FOR INDIVIDUALS WITH PHYSICAL DISABILITIES, ENABLING THESE PEOPLE TO LIVE INDEPENDENT, HEALTHY AND SECURE LIVES. 4 4 0 0 0 0 380542 426512 101389 102231 50 56 0 0 481981 528799 0 0 0 0 109640 160653 0 0 0 315359 326713 424999 487366 56982 41433 626678 967202 350080 649171 276598 318031 TO PROVIDE HOUSING FOR INDIVIDUALS WITH PHYSICAL DISABILITIES, ENABLING THESE PEOPLE TO LIVE INDEPENDENT, HEALTHY AND SECURE LIVES. 0 0 459173 102231 PROVIDED A BARRIER-FREE ENVIRONMENT AND PERMITTED ADULTS WHO HAVE DEVELOPMENTAL AND MULTIPLE PHYSICAL DISABILITIES TO RESIDE IN THEIR OWN APARTMENTS WITHIN THE COMMUNITY. 24 CLIENTS SERVED FOR 365 DAYS DURING THE YEAR. ADDITIONAL FUNDING FOR THIS PROGRAM IS PROVIDED THROUGH FEDERAL GRANTS. 459173 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CRYSTAL FITZPATRICK 7324935900 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 VINCENT VIVONA DO JD VICE-PRESIDENT 0.50 3.00 X X 0 0 0 CHRISTINE RUSSELL GRAY SECRETARY 0.50 3.00 X X 0 0 0 STEPHAN LOWY TREASURER 0.50 3.00 X X 0 0 0 STEPHEN F BELL TRUSTEE 0.50 3.00 X 0 0 0 PATRICIA B CARLESIMO EXECUTIVE DIRECTOR 1.00 39.00 X 0 196363 63405 CRYSTAL PENDRY DIRECTOR OF FINANCE 1.00 39.00 X 0 105462 12539 0 301825 75944 0 0 1 0 0 426512 426512 TENANT RENTAL INCOME 623990 100096 100096 LAUNDRY AND VENDING 812300 2135 2135 102231 56 56 528799 102231 0 56 104337 96877 7460 42662 39612 3050 13654 12678 976 23040 23040 12260 12260 4411 4411 42956 42956 7277 7277 65957 65957 26198 26198 OPERATING AND MAINTENAN 144468 144468 MISCELLANEOUS TAXES, LI 110 110 MISC ADMIN EXPENSE 36 36 487366 459173 28193 0 40094 121312 6580 59715 3797 3064 2335843 1853392 326064 482451 250143 300660 626678 967202 191396 616057 9497 6896 144118 21567 5069 4651 350080 649171 X 276598 318031 276598 318031 626678 967202 41433 0 X X 1 X 0 1 0 X 463477 439734 420197 380542 426512 2130462 463477 439734 420197 380542 426512 2130462 2130462 65 88 107 50 56 366 2473 1946 4419 2135247 496234 0.99780 0.99650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103787 103787 2215581 1847351 368230 16475 6041 10434 482451 REPLACEMENT RESERVE 290169 RESIDUAL RECEIPTS 6006 TENANT SECURITY DEPOSIT 4485 300660 SECURITY DEPOSIT PAYABLE 4485 ACCRUED INTEREST PAYABLE 166 4651 X 528799 0 528799 0 528799 487366 0 487366 0 487366 PART X, LINE 2: THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. THE PROJECT FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE PROJECT'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE PROJECT'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECORDED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. AT JUNE 30, 2023 AND 2022, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. X X X X 0 0 0 0 0 0 0 0 0 PATRICIA B CARLESIMO EXECUTIVE DIRECTOR 0 196363 0 0 0 0 0 40546 0 22859 0 259768 0 0 FORM 990, PART VI, SECTION A, LINE 3 ADMINISTRATIVE AND FINANCIAL DUTIES ARE DELEGATED TO LADACIN NETWORK, INC. WHO ACTS AS MANAGING AGENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE CEO AND THE CFO OF THE ORGANIZATION AFTER THIER REVIEW AND APPROVAL, THE 990 IS SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AND THE STATEMENT IS REVIEWED ON A SEMI-ANNUAL BASIS FOR ANY CHANGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LADACIN NETWORK INC 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 210674715 SOCIAL SERVICES AND EDUCATION NJ 501(C)(3) LINE 7 N/A 0 M&O HOUSING INC 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 222607366 RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED NJ 501(C)(3) LINE 7 LADACIN NETWORK 0 OCEAN UCP HOUSING INC 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 222607365 RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED NJ 501(C)(3) LINE 7 LADACIN NETWORK 0 MONMOUTH UCP HOUSING INC 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 222764012 RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED NJ 501(C)(3) LINE 7 LADACIN NETWORK 0 RESIDENTIAL RESOURCES INC 1703 KNEELEY BOULEVARD WANAMASSA NJ 07712 223056195 RESIDENTIAL HOUSING FOR THE DEVELOPMENTALLY DISABLED NJ 501(C)(3) LINE 7 LADACIN NETWORK 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0