2024-03-25T17:04:33-05:00 2023-06-30 111986323 MARCUM LLP 1601 MARKET STREET FL 4 PHILADELPHIA PA 19103 990 2022-07-01 232555950 PROJECT HOME PROJ 2152327272 1415 FAIRMOUNT AVENUE 241 PHILADELPHIA PA 19130 KEVIN NOEL SVP FINANCE & ADMIN 2152327272 2024-03-21 1 KEVIN NOEL 999009999 0 AARON M FOX P01365820 2152972100 2024-03-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X S MARY SCULLION 1415 FAIRMOUNT AVENUE 241 PHILADELPHIA PA 19130 75114694 0 X WWW.PROJECTHOME.ORG X 1989 PA THE MISSION OF PROJECT HOME IS TO BREAK THE CYCLE OF HOMELESSNESS AND POVERTY IN PHILADELPHIA. 25 23 588 257 -1477 0 41761850 59137830 13751075 12168197 2935106 2427957 -12948 59958 58435083 73793942 92122 107392 0 0 25739669 26152534 0 0 1899167 17480311 20171320 43312102 46431246 15122981 27362696 141488039 184346820 18450311 30438002 123037728 153908818 X THE MISSION OF THE PROJECT HOME COMMUNITY IS TO EMPOWER ADULTS, CHILDREN, AND FAMILIES TO BREAK THE CYCLE OF HOMELESSNESS AND POVERTY, TO ALLEVIATE THE UNDERLYING CAUSES OF POVERTY, AND TO ENABLE ALL OF US TO ATTAIN OUR FULLEST POTENTIAL AS INDIVIDUALS AND AS MEMBERS OF THE BROADER SOCIETY. WE STRIVE TO CREATE A SAFE AND RESPECTFUL ENVIRONMENT WHERE WE SUPPORT EACH OTHER IN OUR STRUGGLES FOR SELF-ESTEEM, RECOVERY, AND THE CONFIDENCE TO MOVE TOWARD SELF-ACTUALIZATION. 0 0 11003432 3240431 PROPERTY MANAGEMENT SERVICES: PROJECT HOME OWNS AND MANAGES 1,038 UNITS OF SUBSIDIZED HOUSING FOR HOUSEHOLDS THAT WERE HOMELESS OR AT RISK OF BECOMING HOMELESS. THE PARTNERSHIP WITH SUBSIDY PROVIDERS SUCH AS THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), PHILADELPHIA HOUSING AUTHORITY, AND CITY OF PHILADELPHIA OFFICE OF HOMELESS SERVICES ENABLES RESIDENTS TO LIVE INDEPENDENTLY OR WITH ADDITIONAL SUPPORTIVE SERVICES. USING A BLENDED MANAGEMENT APPROACH, THE PROPERTY MANAGEMENT TEAM WORKS CLOSELY WITH HOUSING AND SUPPORT SERVICES TO PROVIDE AFFORDABLE HOUSING WITH SPECIALIZED SUPPORTIVE SERVICES TO MEET THE NEEDS OF THE INDIVIDUAL RESIDENTS. 9003399 6600 210035 HOUSING AND SUPPORT SERVICES: PROJECT HOME'S MISSION IS TO END AND PREVENT CHRONIC STREET HOMELESSNESS BY PROVIDING HOUSING, EDUCATION, EMPLOYMENT , BEHAVIORAL HEALTH AND MEDICAL SERVICES FOR FORMERLY HOMELESS INDIVIDUALS AND FAMILIES AS WELL AS OUTREACH EFFORTS FOR INDIVIDUALS LIVING ON THE STREETS. THE ORGANIZATION HAS DEVELOPED A PROVEN AND EFFECTIVE PROGRAM TO ASSIST PERSONS IN OVERCOMING CHRONIC HOMELESSNESS. THIS ""CONTINUUM OF SERVICES"" IS CAREFULLY DESIGNED TO ADDRESS THE COMPLEX ISSUES OF PERSONS WITH SPECIAL NEEDS INCLUDING BUT NOT LIMITED TO MENTAL ILLNESS AND ADDICTION. THE SERVICES CONSIST OF STREET OUTREACH; A RANGE OF SUPPORTIVE HOUSING FROM ENTRY-LEVEL TO PERMANENT, LEASE BASED HOUSING, COMPREHENSIVE SERVICES INCLUDING HEALTH, BEHAVIORAL HEALTH AND DENTAL CARE SERVICES AND EMPLOYMENT AND EDUCATION SERVICES; AND ADVOCACY AND STRATEGIC INITIATIVES. PROJECT HOME'S HOUSING AND SUPPORTIVE SERVICES OFFER PERMANENT, SUBSIDIZED, SUPPORTIVE HOUSING FOR INDIVIDUALS AND FAMILIES WHO HAD BEEN HOMELESS. CURRENTLY, WE HAVE DEVELOPED 1,038 UNITS OF SUPPORTIVE AND AFFORDABLE HOUSING FOR PERSONS WHO HAVE EXPERIENCED HOMELESSNESS AND LOW-INCOME PERSONS AT RISK OF HOMELESSNESS. PROJECT HOME HAS AN ADDITIONAL 40 UNITS UNDER CONSTRUCTION AND 100 UNITS IN THE PIPELINE. 9916807 7162717 HEALTH SERVICES: PROJECT HOME'S HEALTH CARE SERVICES INCREASES ACCESS TO PEOPLE EXPERIENCING HOMELESSNESS AND POVERTY TO HEALTH CARE AND OTHER SERVICES. (1) THE STEPHEN KLEIN WELLNESS CENTER OFFERS INTEGRATED HEALTH CARE SERVICES, INCLUDING PRIMARY CARE, BEHAVIORAL HEALTH, SUBSTANCE USE TREATMENT, PRE-NATAL CARE, PHARMACY, AND DENTAL CARE TO PEOPLE OF ALL AGES IN ADDITION TO WELLNESS PROGRAMS LIKE FITNESS AND NUTRITION CLASSES, SUPPORT GROUPS, A YMCA FITNESS CENTER AND PHYSICAL THERAPY. MOBILE HEALTH CARE SERVICES BRING HEALTHCARE SERVICES TO INDIVIDUALS WHO ARE LIVING IN OUR SAFE HAVENS. (2) PATHWAYS TO HOUSING PA, A SISTER AGENCY SERVING CHRONICALLY HOMELESS SINGLE ADULTS, PROVIDES PROJECT HOME DEDICATED SPACE IN THEIR HEADQUARTERS TO DELIVER MEDICAL AND BEHAVIORAL HEALTH SERVICES TO THEIR PARTICIPANTS ON A PART-TIME SCHEDULE. (3) HUB OF HOPE, AN OUTREACH AND ENGAGEMENT CENTER OPERATED BY PROJECT HOME, ALSO PROVIDES MEDICAL, DENTAL AND BEHAVIORAL HEALTH SERVICES TO A CHRONICALLY HOMELESS POPULATION. 5621947 100792 1555014 OUTREACH SERVICES: IN PARTNERSHIP WITH THE CITY OF PHILADELPHIA AND OTHER HOMELESS SERVICE PROVIDERS, THE OUTREACH DEPARTMENT ENGAGES INDIVIDUALS WHO ARE HOMELESS, OR AT RISK OF HOMELESSNESS. OUTREACH WORKERS BUILD TRUSTING RELATIONSHIPS WITH INDIVIDUALS, WHO ARE EXPERIENCING HOMELESSNESS, AND CONNECT THEM TO EMERGENCY HOUSING, TREATMENT, AND OTHER SERVICES TO MEET THEIR NEEDS.ON AVERAGE ANNUALLY, THE OUTREACH WORKERS MAKE APPROXIMATELY 9,000 CONTACTS WITH PEOPLE EXPERIENCING HOMELESSNESS (INCLUDING MORE THAN 3,500 UNDUPLICATED CONTACTS) AND APPROXIMATELY 2,000 PLACEMENTS. THE HUB OF HOPE OFFERS A SAFE PLACE WHERE PEOPLE CAN ENJOY A WARM CUP OF COFFEE, TAKE A SHOWER AND WASH LAUNDRY, AND SPEAK TO PEERS OR CASE MANAGERS TO BEGIN THE PROCESS OF FINDING A PERMANENT HOME. IN A TYPICAL YEAR, THERE WERE OVER 30,000 VISITS TO THE HUB OF HOPE, WITH AN AVERAGE OF 580 VISITS PER WEEK. EDUCATION AND EMPLOYMENT SERVICES: PROJECT HOME OFFERS A COMPREHENSIVE MENU OF ONE-ON-ONE AND GROUP SERVICES TO HELP OVERCOME MULTIPLE BARRIERS TO EDUCATION AND EMPLOYMENT. ADULT LEARNING PROGRAMS OFFER A SERIES OF PRACTICAL COMPUTER SKILLS FOR THE WORKFORCE TRAINING COURSES, CREATIVE ARTS ENRICHMENT PROGRAMMING (VISUAL ARTS WITH OPPORTUNITIES FOR PARTICIPANTS TO SELL ART AT EXHIBITIONS, AND DIGITAL MUSIC PRODUCTION CLASSES), AND VOCATIONAL CERTIFICATION PROGRAMS WITH TRAUMA INFORMED CURRICULUM (CUSTOMER SERVICE). PARTICIPANTS IN VOCATIONAL CERTIFICATION PROGRAMS ARE PAIRED WITH AN EMPLOYMENT SPECIALIST WHO PROVIDES ONE-ON-ONE JOB PLACEMENT AND RETENTION SUPPORT SERVICES, COACHING PARTICIPANTS WHO MAY HAVE GAPS IN WORK HISTORIES ASSOCIATED WITH HOMELESSNESS, HISTORIES OF MENTAL HEALTH ISSUES, INCARCERATION, AND OTHER CHALLENGES TO SECURING EMPLOYMENT. PROJECT HOME APPLIES THE PRINCIPLES AND PRACTICES OF THE EVIDENCE BASED INDIVIDUALIZED PLACEMENT AND SUPPORT (IPS) MODEL. NEARLY 1,000 ADULT LEARNERS PARTICIPATE IN OUR PROGRAMS EACH YEAR AND THE AVERAGE EMPLOYMENT IN OUR PROGRAM EXCEEDS THE 50 % NATIONAL AVERAGE. SOCIAL ENTERPRISE PROGRAMS, PROVIDE AN INNOVATIVE, TRAUMA-INFORMED APPRENTICESHIP PROGRAM AND ADDITIONAL JOB OPPORTUNITIES TO RESIDENTS INCLUDING AN ON-LINE BOOKSTORE AND GIFT SHOP THAT PRODUCES CANDLES MADE BY RESIDENTS. HONICKMAN LEARNING CENTER AND COMCAST TECHNOLOGY LABS (HLCCTL) IN NORTH PHILADELPHIA OFFER ADULT LEARNING PROGRAMS, A K-8 AFTER SCHOOL PROGRAM, A FULL DAY 6-WEEK K-8 SUMMER CAMP PROGRAM, A TEEN AFTER SCHOOL PROGRAM AND SUMMER INTERNSHIP OPPORTUNITIES TO 14-18 YEARS OLDS IN THE AREA. K-12 AFTER SCHOOL PROGRAMS ARE DESIGNED TO OFFER A SAFE, NURTURING ENVIRONMENT FOR STUDENTS TO EXPLORE, THRIVE AND GROW, TO INCREASE ACADEMIC AND TECHNOLOGY LITERACY SKILLS FOR ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS. STUDENTS IN PROGRAM WORK WITH STAFF WHO OFFER THE OPPORTUNITY FOR INCREASED EXPOSURE TO TECHNOLOGY EQUIPMENT AND ELECTIVES (MUSIC PRODUCTION, FILM AND PHOTOGRAPHY, ROBOTICS, STEAM LAB AND CULINARY ARTS) AND SUPPORT TEENS WITH CAREER EXPLORATION AND COLLEGE PREPARATION.STRATEGY AND IMPACT SERVICES: PROJECT HOME IS COMMITTED TO SOCIAL AND POLITICAL ADVOCACY. AN INTEGRAL PART OF OUR WORK IS EDUCATION ABOUT THE REALITIES OF HOMELESSNESS AND POVERTY AND VIGOROUS ADVOCACY ON BEHALF OF AND WITH PERSONS EXPERIENCING HOMELESSNESS AND PERSONS WITH LOW INCOME FOR MORE JUST AND HUMANE PUBLIC POLICIES. AT PROJECT HOME, THIS WORK IS LED BY OUR ADVOCACY AND PUBLIC POLICY DEPARTMENT IN COLLABORATION WITH A RICH NETWORK OF PARTNERS, ADVOCATES, AND RESIDENTSREAL ESTATE AND ASSET MANAGEMENT: REAL ESTATE AND ASSET MANAGEMENT IS FOCUSED ON: CONTINUING TO DEVELOP NEW PROJECTS BY ACQUIRING BOTH VACANT LAND FOR NEW CONSTRUCTION AND EXISTING BUILDINGS SUITABLE FOR ADAPTIVE REUSE, IN ORDER TO DEVELOP NEW PERMANENT SUPPORTIVE HOUSING AND RELATED USES CONSISTENT WITH PROJECT HOME'S MISSION; PRESERVING AND UNDERTAKING MAJOR CAPITAL IMPROVEMENTS TO OUR EXISTING RESIDENTIAL AND COMMERCIAL PROPERTIES; AND MANAGING THE ASSETS IN OUR PORTFOLIO, WHICH AS OF JUNE 30, 2023 HAVE A VALUE OF APPROXIMATELY $235,000,000.OUR PERMANENT SUPPORTIVE HOUSING IN PHILADELPHIA IS FOR PERSONS WITH LOW INCOMES WHO ARE HOMELESS, HAVE EXPERIENCED HOMELESSNESS OR ARE AT RISK OF BECOMING HOMELESS. IN ADDITION TO OUR PERMANENT SUPPORTIVE HOUSING, PROJECT HOME HAS DEVELOPED SAFE HAVEN AND RECOVERY FACILITIES, WITH A TOTAL OF 21 RESIDENTIAL SITES OPERATING AS OF JUNE 30, 2023. TO DATE, PROJECT HOME HAS DEVELOPED 1,038 UNITS OF AFFORDABLE AND SUPPORTIVE RENTAL HOUSING AND 49 HOMES FOR LOW- TO MODERATE-INCOME FIRST-TIME HOMEBUYERS. IN ADDITION, PROJECT HOME HAS DEVELOPED AND OPERATES IN OUR NORTH CENTRAL PHILADELPHIA NEIGHBORHOOD OUR: HONICKMAN LEARNING CENTER AND COMCAST TECHNOLOGY LABS; STEPHEN KLEIN WELLNESS CENTER (OPERATING AS A FEDERALLY QUALIFIED HEALTH CENTER (FQHC)); AND HELEN BROWN COMMUNITY CENTER. IN FY23, PROJECT HOME BEGAN RENOVATION ON A 25-UNIT BUILDING, JOYCE'S PLACE, WHICH WILL PROVIDE HOUSING AND SUPPORTIVE SERVICES TO PERSONS IN RECOVERY, WITH CONSTRUCTION ANTICIPATED TO BE COMPLETED IN FY2024. PROJECT HOME ALSO ANTICIPATES COMPLETING THE PRESERVATION OF KATE'S PLACE, A 144-UNIT PERMANENT SUPPORTIVE HOUSING DEVELOPMENT, IN FY2024. 5621947 100792 1555014 35545585 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 75 0 1 588 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA FL NJ NY CA CT IL MD RI VA X X BETH CROOP CONTROLLER 2152327272 1415 FAIRMOUNT AVE 2ND FLOOR PHILADELPHIA PA 19130 JOAN DAWSON-MCCONNON CPA TREASURER/ASSOC. EXEC. DIR 40.00 X X 353308 0 76179 S MARY SCULLION RSM PRESIDENT/EXECUTIVE DIRECT 40.00 X X 94576 0 62839 JOANNE BERWIND BOARD MEMBER 1.00 X 0 0 0 JEFF COOK BOARD MEMBER 1.00 X 0 0 0 CAITLIN FERRY BOARD MEMBER 1.00 X 0 0 0 DEBORAH FRETZ BOARD MEMBER (CHAIRPSERSON THRU 12/31/2022) 1.00 X X 0 0 0 GUS GRAY BOARD MEMBER 1.00 X 0 0 0 WILLIAM HARVEY BOARD MEMBER (RETIRED 12/31/2022) 1.00 X 0 0 0 LORI LASHER BOARD MEMBER 1.00 X 0 0 0 JOHN MCDONALD BOARD MEMBER 1.00 X 0 0 0 LEIGH MIDDLETON BOARD MEMBER 1.00 X 0 0 0 WES MITCHELL BOARD MEMBER 1.00 X 0 0 0 MEGHAN MAGUIRE NICOLETTI BOARD MEMBER 1.00 X 0 0 0 MARCEL PRATT BOARD MEMBER 1.00 X 0 0 0 JOYCE HAGAN BOARD MEMBER 1.00 X 0 0 0 ESTELLE RICHMAN CHAIRPERSON 1.00 X X 0 0 0 JIM SMITH BOARD MEMBER 1.00 X 0 0 0 THOMAS WALKER JR BOARD MEMBER 1.00 X 0 0 0 JOYCE WILKERSON BOARD MEMBER 1.00 X 0 0 0 BRIDGET JACOBS BOARD MEMBER 1.00 X 0 0 0 MARC JENKINS BOARD MEMBER 1.00 X 0 0 0 LISETTE MARTINEZ BOARD MEMBER 1.00 X 0 0 0 DAINETTE MINTZ BOARD MEMBER 1.00 X 0 0 0 AMY RILEY BOARD MEMBER 1.00 X 0 0 0 MICHELLE CALDWELL NEAL BOARD MEMBER (ENDED 08/18/22) 1.00 X 0 0 0 NORMA REICHLIN BOARD MEMBER 1.00 X 0 0 0 HANK HOCKEIMER VICE CHAIRPERSON(EFFECTIVE 1/1/23) 1.00 X X 0 0 0 JUANITA JONES BOARD MEMBER (EFFECTIVE 1/1/2023) 1.00 X 0 0 0 KEVIN NOEL SR. VP ACCOUNTING, FINANCE 40.00 X 216424 0 30916 CHERYL HILL SR. VP SUPPORTIVE HOUSING 40.00 X 172266 0 27296 JANET STEARNS VP OF REAL ESTATE DEVELOPM 40.00 X 185030 0 6204 ANNETTE JEFFREY VP OF DEVELOPMENT & COMMUN 40.00 X 162051 0 16709 PATRICK DOGGETT DIRECTOR OF INTEGRATED HEA 40.00 X 165278 0 13663 MARIANNE SCHUSTER CONTROLLER 40.00 X 145576 0 27412 JANINE BURKHARDT DIRECTOR OF DENTAL SERVICES 40.00 X 155789 0 28094 1650298 0 289312 31 0 1 0 XELERATE LLC 681 MOORE ROAD SUITE 101 KING OF PRUSSIA PA 19406 RECRUITING SERVICES 364000 MARCUM LLP 10 MELVILLE PARK ROAD MELVILLE NY 117473146 AUDIT AND TAX SERVICES 126720 2 250954 14249789 44637087 1425236 59137830 HEALTH SERVICES 624100 7162717 7162717 PROPERTY MANAGEMENT SERVICES 624100 4551030 4551030 COMMUNITY AND OUTREACH SERVICES 624100 244415 244415 HOUSING AND SUPPORT SERVICES 624100 210035 210035 12168197 2731862 2731862 38981 37091 1890 1890 -1477 3367 935492 1239397 -303905 -303905 -303905 27884 250954 44264 -16380 -16380 TENANT SERVICES FEES 900099 74448 74448 74448 73793942 12168197 -1477 2489392 107392 107392 1205611 965639 184934 55038 20436695 16282898 3222457 931340 340756 278017 47086 15653 2455600 2003481 339321 112798 1713872 1398319 236827 78726 86341 59039 19754 7548 107825 73730 24669 9426 218443 218443 1699261 1161938 388770 148553 221182 204418 3857 12907 1030070 945735 72070 12265 2980773 2822292 110673 47808 127861 99255 21005 7601 396550 292983 79883 23684 548369 548355 14 1497783 1467006 30777 295090 183459 93751 17880 PROGRAM EXPENSES 4791868 4532482 15708 243678 WRITE DOWN OF NOTE-ADMI 3343179 3343179 EQUIPMENT RENTALS & MAI 1272031 990297 166247 115487 GENERAL EXPENSES 962503 536659 367069 58775 592191 592191 46431246 35545585 8986494 1899167 194340 213127 5106944 9308757 10933584 25788837 7782237 9392185 1011948 785171 44034641 18269032 24123704 25765609 62579160 73659739 29756122 39433395 141488039 184346820 4010137 3769512 42264 441937 13166357 13166357 1231553 13060196 18450311 30438002 X 70622867 73493775 52414861 80415043 123037728 153908818 141488039 184346820 27362696 3508394 0 X 0 1 X 1 1 1 X 28785321 26740968 32266903 41761851 59137830 188692873 28785321 26740968 32266903 41761851 59137830 188692873 8056853 180636020 2903568 2485571 1903366 2624754 2770843 12688102 16768 8593 5620 -1477 29504 4570 29308 21697 74448 130023 201540502 65692276 0.89630 0.90700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 206 1 3230 0 1 392 1 28 1 3856 0 PART II-B, LINE 1: WE FOCUSED LARGELY ON BUILDING RELATIONSHIPS WITH VARIOUS ELECTED OFFICIALS AND EDUCATING THEM ABOUT THE ISSUES OF HOUSING AND HEALTH CARE. OUR LOBBYING ACTIVITIES INCLUDED PRESENTING AND TESTIFYING AT BUDGET AND OTHER HEARINGS AND SUPPORTING CONSTITUENTS IN DOING THE SAME. WE OFFERED BUILDING TOURS AND MET INDIVIDUALLY WITH LEGISLATORS AND APPOINTED OFFICIALS BOTH TO EDUCATE THEM ABOUT THE ISSUES OF HOMELESSNESS AND TO SOLICIT THEIR SUPPORT FOR SPECIFIC IDEAS AND PROGRAMS. WE SPOKE AT HEARINGS AND PARTICIPATED IN ACTIONS (ELECTRONIC, WRITTEN, AND FACE TO FACE) PERTAINING TO SPECIFIC LEGISLATION AS WELL AS WORK AS A MEMBER OF LOCAL, STATE AND NATIONAL COALITIONS ADVOCATING FOR POLICY CHANGES. IN 2023, WE DID NOT SPEAK AT AND OR FACILITATE PARTICIPATION IN RALLIES. 20740721 326000 1653362 254134 22465949 22358338 1001000 -2312353 306264 20740721 17593869 1051000 3885917 172448 22358338 17447041 229727 585610 668509 17593869 17162607 1046675 762241 17447041 0.29948 0.70052 0 0 1541196 1541196 27698796 10133998 17564798 7970971 2323245 5647726 5058152 4638470 419682 1765526 1173319 592207 25765609 CASH AND EQUIVALENTS 12394045 F CORPORATE BONDS 4473342 F GOV'T BONDS AND NOTES 5544743 F MUTUAL FUNDS 50601919 F OTHER 645690 F 73659739 DEPOSITS AND ADVANCES 73131 ACCOUNTS AND LOANS RECEIVABLE - RELATED ENTITIES 27656261 OPERATING RIGHT-OF-USE ASSET 11704003 39433395 OPERATING LEASE 13060196 13060196 X 77405262 3508394 243514 81355 3833263 73571999 218443 3500 221943 73793942 46537672 243514 81355 324869 46212803 218443 218443 46431246 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT THE EDUCATIONAL WORK OF THE PROGRAMS AT THE HONICKMAN LEARNING CENTER/COMCAST TECHNOLOGY LABS AS WELL AS TO SUPPORT THE SERVICES PROVIDED BY OUR HOMELESS PROGRAMS. PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATIONS STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROCESS. THE ORGANIZATION ENGAGED IN CERTAIN ACTIVITIES THAT DID NOT CONTRIBUTE DIRECTLY TO ITS EXEMPT PURPOSES. UNDER THE INTERNAL REVENUE CODE, A CORPORATE INCOME TAX IS IMPOSED ON THE NET INCOME GENERATED BY THESE UNRELATED BUSINESS ACTIVITIES. THE TAX ON UNRELATED BUSINESS INCOME WAS $0 AND $970 FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 37,091. SPECIAL EVENT EXPENSES 44,264. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE AND SUPPORT FOR CAPITAL ACQUISITION AND FINANCING 3,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 37,091. SPECIAL EVENT EXPENSES 44,264. BRING PHILLY HOME EVENT 278838 250954 27884 5075 22817 16372 278838 250954 27884 5075 22817 16372 44264 -16380 1 TUITION ASSISTANCE/SCHOLARSHIPS 36 100792 FMV RENTAL ASSISTANCE 1 6600 FMV FORM 990, SCHEDULE I, PART III, GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS TUITION ASSISTANCE IS PROVIDED FOR BOTH COLLEGE AND HIGH SCHOOL STUDENTS. DEPENDING ON THE TYPE OF AWARD, STUDENTS EITHER COMPLETE AN APPLICATION AND ESSAY TO RECEIVE A SCHOLARSHIP OR THEY EXPRESS A FINANCIAL NEED TO SUPPORT ANY GAP FUNDING FOR TUITION. THE REQUESTS ARE REVIEWED INTERNALLY AND AWARDS ARE DECIDED. PAYMENTS ARE MADE DIRECTLY TO THE SCHOOLS AT THE BEGINNING OF EACH SEMESTER. RENTAL ASSISTANCE IS DETERMINED BASED UPON INCOME AND OTHER ELIGIBILITY FACTORS. PAYMENTS ARE MADE DIRECTLY TO THE RENTED PROPERTY AND NO OTHER MONITORING IS DEEMED NECESSARY. X 1 1 X X 0 1 0 0 0 0 0 0 0 JOAN DAWSON-MCCONNON CPA TREASURER/ASSOC. EXEC. DIR 332808 0 0 0 20500 0 60130 0 16049 0 429487 0 0 0 KEVIN NOEL SR. VP ACCOUNTING, FINANCE 216424 0 0 0 0 0 10596 0 20320 0 247340 0 0 0 CHERYL HILL SR. VP SUPPORTIVE HOUSING 172266 0 0 0 0 0 8868 0 18428 0 199562 0 0 0 JANET STEARNS VP OF REAL ESTATE DEVELOPM 185030 0 0 0 0 0 6204 0 0 0 191234 0 0 0 JANINE BURKHARDT DIRECTOR OF DENTAL SERVICES 155789 0 0 0 0 0 7915 0 20179 0 183883 0 0 0 PATRICK DOGGETT DIRECTOR OF INTEGRATED HEA 165278 0 0 0 0 0 8514 0 5149 0 178941 0 0 0 ANNETTE JEFFREY VP OF DEVELOPMENT & COMMUN 162051 0 0 0 0 0 8231 0 8478 0 178760 0 0 0 MARIANNE SCHUSTER CONTROLLER 145576 0 0 0 0 0 7524 0 19888 0 172988 0 0 0 S MARY SCULLION RSM PRESIDENT/EXECUTIVE DIRECT 74076 0 0 0 20500 0 54454 0 8385 0 157415 0 0 0 PART I, LINE 4B MARY SCULLION - 457F CONTRIBUTION OF $51,000 JOAN DAWSON MCCONNON - 457F CONTRIBUTION OF $45,700 X 29 1425236 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE FINANCE AND AUDIT COMMITTEE BY THE OUTSIDE TAX ACCOUNTANTS AT THE FEBRUARY MEETING. ONCE APPROVED BY THIS COMMITTEE, IT IS SENT ELECTRONICALLY TO ALL BOARD MEMBERS FOR THEIR REVIEW AND PRESENTED TO THE BOARD AT THE MARCH BOARD OF TRUSTEES MEETING. THE BOARD OF TRUSTEES APPROVES THE FORM 990 AT THIS MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE FORMS ARE REVIEWED AND ANY CONFLICTS ARE SUMMARIZED AND REPORTED TO THE EXECUTIVE DIRECTOR, THE ASSOCIATE EXECUTIVE DIRECTOR AND THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 15 DURING FISCAL 2020, THE BOARD OF TRUSTEES ENGAGED A THIRD PARTY VENDOR TO CONDUCT A COMPENSATION REVIEW. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVED THE ANNUAL SALARIES FOR THE EXECUTIVE DIRECTOR, THE ASSOCIATE EXECUTIVE DIRECTOR AND ALL KEY EMPLOYEES BASED UPON THIS INDEPENDENT REVIEW AT THE JUNE 17, 2020 MEETING. THE BOARD APPROVED THE SALARIES FOR FISCAL YEAR 2023 BY WAY OF APPROVING THE BUDGET FOR FISCAL YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19 PROJECT HOME MAKES ITS GOVERNING DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS CAN BE PLACED VIA TELEPHONE, EMAIL OR IN WRITING. COPIES OF REQUESTED DOCUMENTS ARE SENT TO THE PUBLIC VIA EMAIL OR REGULAR MAIL. COPIES OF FORM 990 CAN BE FOUND ON THE ORGANIZATION'S WEBSITE: WWW.PROJECTHOME.ORG. PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 232895377 OPERATES 5 RESIDENTIAL SITES WITH A TOTAL OF 112 SINGLE RESIDENCE UNITS PA 501(C)(3) LINE 12A, I PROJECT HOME 0 1850 N CROSKEY DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 205575302 OPERATES A 24 UNIT SINGLE HOUSING DEVELOPMENT PA 501(C)(3) LINE 7 PROJECT HOME 0 MPOWER DEVLOPMENT CORPORATION 1415 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 462668689 OWNS STEPHEN KLEIN WELLNESS CENTER PA 501(C)(2) PROJECT HOME 1 1929 SANSOM LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 710897279 OPERATES A 144 UNIT AFFORDABLE HOUSING A PA N/A LOW INCOME HOUSING 0 1 0.00010 1212 LUDLOW LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 263554394 OPERATES A 79 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 1415 FAIRMOUNT LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 455633174 OPERATES A 55 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 810 ARCH LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 463436976 OPERATES A 94 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 2415 NORTH BROAD LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 463550669 OPERATES A 88 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 1301 NORTH 8TH LIMITED PARTNERSHP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 820777745 OPERATES A 40 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 1315 NORTH 8TH LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 820679770 OPERATES A 32 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 115 EAST HUNTINGDON LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 834237957 OPERATES A 56 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 1920 EAST ORLEANS LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 825402242 OPERATES A 42 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 RJD 15 LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 843853825 OPERATES A 40 UNIT AFFORDABLE HOUSING AP PA N/A LOW INCOME HOUSING 0 1 0.00010 KP 15 LIMITED PARTNERSHIP 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 881138873 PURCHASE, HOLD AND REHABILITATE PROPERTY PA N/A LOW INCOME HOUSING 0 1 0.00010 PEOPLE OF PIETY INC 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 263437808 REAL ESTATE PA PROJECT HOME C 1.00000 1 WOCCC INC 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 710897275 REAL ESTATE PA PROJECT HOME C 1.00000 1 1415 FAIRMOUNT DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 454996216 REAL ESTATE PA PROJECT HOME C 1.00000 1 810 ARCH DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 463244406 REAL ESTATE PA PROJECT HOME C 1.00000 1 2415 NORTH BROAD DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 463222790 REAL ESTATE PA PROJECT HOME C 1.00000 1 1301 NORTH 8TH DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 815291714 REAL ESTATE PA PROJECT HOME C 1.00000 1 1315 NORTH 8TH DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 815352205 REAL ESTATE PA PROJECT HOME C 1.00000 1 1920 EAST ORLEANS DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 824588750 REAL ESTATE PA PROJECT HOME C 1.00000 1 KRR DEVELOPMENT CORPORATION 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 834220561 REAL ESTATE PA PROJECT HOME C 1.00000 1 RJD GENERAL PARTNER INC 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 843843816 REAL ESTATE PA PROJECT HOME C 1.00000 1 KP 15 GENERAL PARTNER INC 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 881115579 REAL ESTATE PA PROJECT HOME C 1.00000 1 PEOPLE OF FORTITUDE INCORPORATED 1415 FAIRMOUNT AVE STE 241 PHILADELPHIA PA 19130 232684808 REAL ESTATE PA PROJECT HOME C 1.00000 1 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 1850 N CROSKEY DEVELOPMENT CORPORATION B 149562 GIFT AMOUNT KP 15 GENERAL PARTNER INC B 372218 CAPITAL CONTRIBUTION KP 15 LIMITED PARTNERSHIP D 1194089 LOAN AGREEMENT 1212 LUDLOW LIMITED PARTNERSHIP D 1164785 LOAN AGREEMENT RJD 15 LP D 1098951 LOAN AGREEMENT 1850 N CROSKEY DEVELOPMENT CORPORATION D 98883 LOAN AGREEMENT 1415 FAIRMOUNT LIMITED PARTNERSHIP D 1601169 LOAN AGREEMENT 2415 NORTH BROAD LIMITED PARTNERHSIP D 4385673 LOAN AGREEMENT 810 ARCH LIMITED PARTNERSHIP D 7022186 LOAN AGREEMENT 1301 NORTH 8TH LIMITED PARTNERSHIP D 1215142 LOAN AGREEMENT 1920 EAST ORLEANS LIMITED PARTNERHSIP D 401379 LOAN AGREEMENT 115 EAST HUNTINGDON LIMITED PARTNERSHIP D 7042869 LOAN AGREEMENT PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION K 167287 LEASE AGREEMENT 1415 FAIRMOUNT LIMITED PARTNERSHIP K 113327 LEASE AGREEMENT MPOWER DEVELOPMENT CORPORATION K 753049 LEASE AGREEMENT PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION L 82076 PROP MANAGEMENT FEES RJD 15 LIMITED PARTNERSHIP L 50657 PROP MANAGEMENT FEES 1212 LUDLOW LIMITED PARTNERSHIP L 63748 PROP MANAGEMENT FEES 1929 SANSOM LIMITED PARTNERSHIP L 75691 PROP MANAGEMENT FEES 1415 FAIRMOUNT LIMITED PARTNERSHIP L 90385 PROP MGMT & SUPP SVC FEES 810 ARCH LIMITED PARTNERSHIP L 144829 PROP MGMT & SUPP SVC FEES 2415 NORTH BROAD LIMITED PARTNERHSIP L 112154 PROP MGMT & SUPP SVC FEES MPOWER DEVELOPMENT CORPORATION L 70244 PROP MANAGEMENT FEES 1850 N CROSKEY DEVELOPMENT CORPORATION Q 54093 REIMBURSEMENT PROJECT HOME COMMUNITY DEVELOPMENT CORPORATION Q 396977 REIMBURSEMENT RJD 15 LIMITED PARTNERSHIP Q 187515 REIMBURSEMENT 1212 LUDLOW LIMITED PARTNERSHIP Q 280583 REIMBURSEMENT 1929 SANSOM LIMITED PARTNERSHIP Q 436019 REIMBURSEMENT 1415 FAIRMOUNT LIMITED PARTNERSHIP Q 187211 REIMBURSEMENT 810 ARCH LIMITED PARTNERSHIP Q 350685 REIMBURSEMENT 2415 NORTH BROAD LIMITED PARTNERHSIP Q 287421 REIMBURSEMENT 1315 NORTH 8TH LIMITED PARTNERSHIP Q 92295 REIMBURSEMENT 1920 EAST ORLEANS LIMITED PARTNERSHIP Q 96736 REIMBURSEMENT 1301 NORTH 8TH LIMITED PARTNERSHIP Q 88326 REIMBURSEMENT MPOWER DEVELOPMENT CORPORATION S 362846 CASH DISTRIBUTION