2024-03-08T12:12:43-06:00 2023-06-30 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2022-07-01 222712067 HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES INC (HANDS INC) HOUS 9736783110 15 SOUTH ESSEX AVE ORANGE NJ 07050 LISA BOYD EXECUTIVE DIRECTOR 9736783110 2024-03-04 1 LISA BOYD 999009999 0 CHRISTABEL VALLADARES CPA P02451559 9733281825 2024-03-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HANDS INC LISA BOYD 15 SOUTH ESSEX AVE ORANGE NJ 07050 1969545 0 X WWW.HANDSINC.ORG X 1986 NJ HANDS' MISSION IS TO BUILD COMMUNITY AND STRENGTHEN NEIGHBORHOODS IN AND AROUND ORANGE, NJ. 8 6 8 30 0 0 1736038 927452 848931 1005989 -239983 112 70101 32472 2415087 1966025 0 0 0 0 631789 503886 0 0 60466 1587746 1420620 2219535 1924506 195552 41519 11006824 10797514 6969757 6718928 4037067 4078586 HANDS' MISSION IS TO KEEP THE NEIGHBORHOODS OF ORANGE AND EAST ORANGE PLACES WHERE PEOPLE CAN AND DO CHOOSE TO RAISE THEIR FAMILY AND RUN THEIR BUSINESS. 0 0 1549146 1038461 REAL ESTATE DEVELOPMENT- COMPLETE AND SELL AN AFFORDABLE REHABBED HOME. MANAGE THE PREDEVELOPMENT OF TWO MIXED-USE ARTS-RELATED DEVELOPMENTS IN THE VALLEY ARTS DISTRICT. 174531 COMMUNITY BUILDING AND ORGANIZING- BUILDING CIVIC ENGAGEMENT AND EMPOWERMENT THROUGH DEVELOPING RESIDENT LEADERSHIP FOR ADVOCAY AND PROGRAMMING. WORK IN COLLABORATION WITH PARTNERS ON INITIATIVES IN COMMUNITY ARTS, PROGRAMMING FOR RAISING COMMUNITY HEALTH AND PLANNING AND ADVOCACY TO IMPROVEMENT THE BUILT ENVIRONMENT AND COMMUNITY PROGRAMS. 5038 HOMEOWNERSHIP PROMOTION- OFFERING FINANCIAL CAPABILITIES WORKSHOPS AND COACHING REFERRALS TO ASSIST COMMUNITY RESIDENTS TO TAKE CONTROL OF THEIR FINANCIAL FUTURE, IMPROVE THEIR FINANCIAL MANAGEMENT HABITS AND IMPROVE THEIR READINESS TO PURCHASE A HOME OR MEET OTHER FINANCIAL GOALS. SELL QUALITY AFFORDABLE HOMES TO PREPARED BUYERS. 1728715 1 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 56 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 9736783110 15 SOUTH ESSEX AVE ORANGE NJ 07050 REBECCA DOGGETT VICE CHAIR 2.00 X X 0 0 0 SCOTT SCHULTZ SECRETARY 2.00 X X 0 0 0 STEVEN GOMEZ CHAIR 2.00 X X 0 0 0 HAROLD SIMON BOARD MEMBER 2.00 X 0 0 0 MINDY THOMPSON FULLILOVE MD BOARD MEMBER 2.00 X 0 0 0 NAEEMA CAMPBELL BOARD MEMBER 2.00 X 0 0 0 REGINA BARBOZA BOARD MEMBER 2.00 X 0 0 0 ELLIOTT LEE EXECUTIVE DIRECTOR 50.00 X 55833 0 0 ROBIN GORDON DIRECTOR OF ADMIN 50.00 X 52227 0 24561 RODNEY CAMPBELL TREASURER 2.00 X 0 0 0 108060 0 24561 0 0 0 0 0 23090 460999 443363 3000 927452 RENTAL INCOME 532000 1005989 1005989 1005989 112 112 3520 23090 3520 0 OTHER INCOME 900099 32472 32472 32472 1966025 1038461 0 112 132622 102118 14589 15915 315468 242911 34701 37856 7149 5505 786 858 14535 11192 1599 1744 34112 26267 3752 4093 46000 37807 8193 185286 152294 32992 19150 10699 8451 2774 2774 231973 231973 223879 217163 6716 9038 9038 RENTAL PROPERTY EXPENSE 387060 387060 LOSS ON LEGAL SETTLEMEN 185000 185000 BAD DEBT EXPENSE 63519 63519 BANK FEES 33220 27829 5391 33721 27378 6343 1924506 1728715 135325 60466 434951 247928 312374 682486 288377 39538 176685 44951 75000 75000 2 2 20702 26287 11847456 3080476 8908578 8766980 699591 699228 90564 215114 11006824 10797514 313882 377514 19820 1246 6213805 5922921 422250 417247 6969757 6718928 X 3773469 3906829 263598 171757 4037067 4078586 11006824 10797514 41519 0 X X 0 1 X 1 0 X 887375 1001606 1183832 1736038 927452 5736303 887375 1001606 1183832 1736038 927452 5736303 69614 5666689 109 171 103 54 112 549 32472 32472 5769324 7124524 0.98220 0.99210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1439668 1439668 10174263 2863687 7310576 89300 72564 16736 144225 144225 0 8766980 INVESTMENT IN ONR 57991 F INVESTMENT IN VALLEY REVITALIZATION 641237 F 699228 SECURITY DEPOSITS 128413 DUE TO RELATED PARTY 156827 OTHER LIABILITIES 132007 417247 X 1969545 3520 3520 1966025 0 1966025 1928903 4397 4397 1924506 0 1924506 PART IV, LINE 2B: THE ORGANIZATION HOLDS CERTAIN SECURITY DEPOSITS AS LIABILITIES RELATED TO PROPERTIES RENTED OUT TO TENANTS. PART X, LINE 2: HANDS IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). VILLITA ARTES, LLC (VA) AND VALLEY RENAISSANCE URBAN RENEWAL EQUITY, LLC (VRURE) ARE SINGLE-MEMBER LIMITED LIABILITY COMPANIES WHOLLY OWNED BY HANDS. ALL FINANCIAL ACTIVITY OF VA AND VRURE FLOW THROUGH TO HANDS FOR TAX REPORTING PURPOSES AND IS NOT SUBJECT TO FEDERAL INCOME TAX. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH FEDERAL AND THE STATE OF NEW JERSEY. OPERATION NEIGHBORHOOD RECOVERY, LLC (ONR), FILES SEPARATE ANNUAL FEDERAL AND STATE PARTNERSHIP INCOME TAX RETURNS SEPARATE FROM HANDS. AS REQUIRED BY LAW, ONR FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 1065 WITH THE INTERNAL REVENUE SERVICE, AND FORM NJ-1065 WITH THE STATE. ONR IS SUBJECT TO EXAMINATIONS AT ANY TIME WITHIN CERTAIN STATUTORY PERIODS FROM THE LATEST FILING DATE FOR FEDERAL AND FOR NEW JERSEY. ONR HAS NOT HAD AND IS NOT EXPECTED TO HAVE INCOME TAXES IN THE FORESEEABLE FUTURE. THE ORGANIZATION FOLLOWS THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10-05 RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. DUE TO THE ORGANIZATION'S TAX-EXEMPT STATUS, ASC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 3,520. OPERATION NEIGHBORHOOD RECOVERY, LLC ACTIVITY PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 3,520. OPERATION NEIGHBORHOOD RECOVERY, LLC ACTIVITY 877. SCHEDULE D, PAGE 4, PART XI, LINE 2D & PART XII, LINE 2D INCLUDED IN THESE AMOUNTS IS THE ACTIVITY RELATED TO OPERATION NEIGHBORHOOD RECOVERY, LLC (ONR). ONR IS INCLUDED IN THE HANDS, INC. AUDITED CONSOLIDATED FINANCIAL STATEMENTS AND FILES A SEPARATE PARTNERSHIP TAX RETURN (FORM 1065) WITH THE IRS. COMMUNITY LEADERSHIP AWARDS 26610 23090 3520 3520 26610 23090 3520 3520 3520 0 NEW MORNING LLC TENANT OPENING OF HAT CITY KITCHEN TO SUPPORT COMMUNITY REVITALIZATION ACTIVTIES X 144612 75000 0 1 1 75000 STARRT HOSPITALITY TENANT 44000 RENTAL PAYMENTS 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 IS PREPARED AND HAS BEEN REVIEWED BY THE ACCOUNTANT AND EXECUTIVE DIRECTOR, IT IS PROVIDED TO THE BOARD OF TRUSTEES OF THE ORGANIZATION'S GOVERNING BODY IN SUFFICIENT TIME FOR REVIEW AND APPROVAL PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE CORPORATE COMPLIANCE OFFICER WILL NOTIFY A MEMBER OF MANAGEMENT OR THE GOVERNING BODY ABOUT SUCH CONFLICT AND INVESTIGATE THE CONFLICT. THE RESULTS OF THE INVESTIGATION WILL BE SUMMARIZED AND DOCUMENTED BY THE CORPORATE COMPLIANCE OFFICER AND REPORTED TO THE GOVERNING BODY. IF THE CORPORATE COMPLIANCE OFFICER ESTABLISHES THAT AN ACTUAL CONFLICT EXISTS, THE MEMBER OF MANAGEMENT OR THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY AND THAT PERSON WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. THE QUALIFICATIONS AND EXPERIENCE OF THE INDIVIDUAL ARE ALSO TAKEN INTO ACCOUNT IN CONJUNCTION WITH INDUSTRY STANDARDS, COMPENSATION SURVEYS OR STUDY WHEN DETERMINING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG. IN ADDITION, FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990 PART XII, LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR. VILLITA ARTES 15 SOUTH ESSEX AVENUE ORANGE NJ 07050 800193780 REAL ESTATE NJ 480905 5171897 HANDS INC VALLEY RENAISSANCE URBAN RENEWAL ENTITY 15 SOUTH ESSEX AVENUE ORANGE NJ 07050 272890630 REAL ESTATE NJ 0 0 HANDS INC OPERATION NEIGHBORHOOD RECOVERY 15 SOUTH ESSEX AVENUE ORANGE NJ 07050 800334220 REAL ESTATE NJ N/A 2667 0 1 0.41380 VALLEY REVITALIZATION LLC 108 CHURCH STREET 3RD FLOOR NEW BRUNSWICK NJ 08901 834282180 REAL ESTATE NJ N/A 519677 0 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1