2024-08-15T11:40:58-05:00 2023-09-30 135565207 KPMG LLP 1735 MARKET STREET PHILADELPHIA PA 19103 990 2022-10-01 841878843 MILLS MEMORIAL SOCIAL SERVICES BUILDING INC MILL 7326402061 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 STEVEN KACZYNSKI CONTROLLER 7326402061 2024-08-15 1 0 PHILLIP E GROFF P01247783 2127589700 2022 2024-08-08 14:25:15Z BERNEL HALL 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 450 0 X WWW.NEWJERSEYCOMMUNITYCAPITAL.ORG X 2019 NJ TO PROVIDE SUITABLE ECONOMICALLY VIABLE OFFICE SPACE. SEE SCH O. 4 3 0 19 0 0 0 0 0 0 0 0 0 450 0 450 0 0 0 0 0 0 0 0 0 17665 13253 17665 13253 -17665 -12803 1664064 1664064 1682172 1694975 -18108 -30911 TO PROVIDE SUITABLE ECONOMICALLY VIABLE OFFICE SPACE FOR SOCIAL SERVICES ORGANIZATIONS IN THE MONTCLAIR AND LARGER NEW JERSEY COMMUNITY WHOSE MISSION IT IS TO PROVIDE SERVICES TO LOW AND MODERATE INCOME PEOPLE, DISTRESSED NEIGHBORHOODS AND AT-RISK COMMUNITIES. 0 0 13121 450 A SUCCESSFUL APPLICATION WAS MADE TO THE MONTCLAIR HISTORIC PRESERVATION COMMISSION FOR THE RENOVATION OF THE EXTERIOR OF THE BUILDING. THIS RENOVATION EFFORT WILL BE PERFORMED UNDER THE SECRETARY OF THE INTERIOR'S STANDARDS FOR HISTORIC PRESERVATION. THE BUILDINGS AND GROUNDS WERE USED BY VARIOUS NON-PROFIT ORGANIZATIONS FOR THEIR INDIVIDUAL NON-PROFIT PROGRAMMING NEEDS. 13121 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X X STEVEN KACZYNSKI 7326402061 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 ALLE RIES SECRETARY 1.00 3.00 X 0 0 0 MARIE MASCHERIN TREASURER (UNTIL 6/23) 1.00 49.00 X 0 282289 9367 RICHARD POLTON TRUSTEE 1.00 0.00 X 0 0 0 BERNEL HALL PRESIDENT & CEO 1.00 34.00 X X 0 307428 24205 KIRAN GAUDIOSO TRUSTEE 1.00 0.00 X 0 0 0 THEODORE O'DELL TRUSTEE (AS OF 6/23) 1.00 0.00 X 0 0 0 GREGG B GUNSELMAN TRUSTEE 1.00 0.00 X 0 0 0 STEVEN KACZYNSKI CONTROLLER 1.00 49.00 X 0 136989 41208 MARK MUNLEY DIR SPEC PROJ & GOV (UNTIL 10/22) 5.00 45.00 X 0 179249 43710 0 905955 118490 0 0 1 0 0 OTHER FEES 900099 450 450 450 450 450 0 0 11526 11411 115 86 86 1641 1624 17 13253 13121 132 0 1664064 0 1664064 1664064 1664064 1664064 15047 18819 1667125 1676156 1682172 1694975 X -18108 -30911 -18108 -30911 1664064 1664064 -12803 0 X 0 1 X 1 0 X 0 450 450 450 450 X 1664064 1664064 1664064 INTERCOMPANY PAYABLES 1676156 1676156 X PART X, LINE 2: NEW JERSEY COMMUNITY CAPITAL ("NJCC") IS THE REGISTERED TRADE NAME UTILIZED BY COMMUNITY LOAN FUND OF NEW JERSEY, INC. ("CLFNJ") AND ITS SUBSIDIARIES. THE FILING ORGANIZATION, MILLS MEMORIAL SOCIAL SERVICES BUILDING, INC. IS INCLUDED IN THE NJCC CONSOLIDATED FINANCIAL STATEMENTS, WHICH INCLUDES THE FOLLOWING ASC 740 (FIN 48) FOOTNOTE: CLFNJ, LENDING PARTNERS, CAPC SUPPORTIVE NEEDS HOUSING, INC., UWNNJ MONTCLAIR LLC AND CAPC ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE CODE. AS NONPROFIT ENTITIES, THEY ARE ALSO EXEMPT FROM NEW JERSEY CORPORATE INCOME TAXES. NJCC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT. CHANGES IN MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. NJCC DID NOT RECOGNIZE THE EFFECT OF ANY INCOME TAX POSITIONS IN EITHER 2023 OR 2022. 0 0 0 0 0 0 0 0 0 BERNEL HALL PRESIDENT & CEO 0 307428 0 0 0 0 0 0 0 24205 0 331633 0 0 MARIE MASCHERIN TREASURER (UNTIL 6/23) 0 282289 0 0 0 0 0 8400 0 967 0 291656 0 0 MARK MUNLEY DIR SPEC PROJ & GOV (UNTIL 10/22) 0 179249 0 0 0 0 0 0 0 43710 0 222959 0 0 STEVEN KACZYNSKI CONTROLLER 0 136989 0 0 0 0 0 4335 0 36873 0 178197 0 0 PART I, LINE 3 COMPENSATION OF ORGANIZATION'S CEO/EXECUTIVE DIRECTOR THE FILING ORGANIZATION DOES NOT HAVE AND/OR COMPENSATE ITS OWN CEO/EXECUTIVE DIRECTOR. INDIVIDUALS LISTED ON PART VII AS OFFICERS OF THE CORPORATION ARE EMPLOYEES OF A RELATED ORGANIZATION AND COMPENSATED THROUGH THE RESPECTIVE RELATED ORGANIZATION. THE METHOD USED BY THE RELATED ORGANIZATION FOR DETERMINING COMPENSATION FOR THESE INDIVIDUALS ARE: - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD - APPROVAL BY THE COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 COMMUNITY ASSET PRESERVATION CORPORATION ("CAPC") IS THE SOLE MEMBER OF MILLS MEMORIAL SOCIAL SERVICES BUILDING, INC, ("MMSSB") FORM 990, PART VI, SECTION A, LINE 7A AS THE SOLE MEMBER OF MMSSB, CAPC HAS THE POWER TO APPOINT THE BOARD MEMBERS OF MMSSB. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE FORM 990 IS PREPARED BY A TAX PREPARER AND REVIEWED BY THE FINANCE DEPARTMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY COVERING BOARD MEMBERS AND STAFF. STAFF AND BOARD MEMBERS ARE PROVIDED WITH A CONFLICT OF INTEREST POLICY STATEMENT PROVIDING GENERAL DIRECTION AS TO THE ORGANIZATION'S EXPECTATIONS OF APPROPRIATE BEHAVIOR. BOARD DIRECTORS AND STAFF ARE REQUIRED TO CONSULT WITH THEIR SUPERIORS WHENEVER THEY HAVE ANY QUESTION AS TO WHETHER A PARTICULAR CIRCUMSTANCE MAY PLACE THEM IN A CONFLICT OF INTEREST. IF A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON WILL BE GIVEN THE OPPORTUNITY TO DISCLOSE THE MATERIAL FACTS TO HIS SUPERIORS ON THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE ORGANIZATION SHALL DETERMINE WHETHER IT CAN DETERMINE WITH REASONABLE EFFORT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WILL NOT PRODUCE A CONFLICT OF INTEREST. THE INTERESTED PERSON SHALL NOT BE PRESENT IN THE ROOM DURING THE DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW THE FILING ORGANIZATION DOES NOT PAY ANY COMPENSATION. CERTAIN OFFICERS AND EMPLOYEES RECEIVE COMPENSATION FROM THE REPORTING ORGANIZATION'S SUPPORTED ORGANIZATION, CLFNJ, IN PART, FOR SERVICES RENDERED TO THE REPORTING ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. COMMUNITY ASSET PRESERVATION CORPORATION 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 264008074 HOUSING NJ 501(C)(3) 7 COMMUNITY LOAN FUND OF NEW JERSEY 0 CAPC SUPPORTIVE NEEDS HOUSING INC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 833788423 REAL ESTATE NJ 501(C)(3) 7 COMMUNITY ASSET PRESERVATION CORPORATION 1 COMMUNITY LENDING PARTNERS OF NEW JERSEY INC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 030472940 SUPPORT ORGANIZATION NJ 501(C)(3) 12-I COMMUNITY LOAN FUND OF NEW JERSEY INC 1 COMMUNITY LOAN FUND OF NEW JERSEY INC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 222872262 LENDING NJ 501(C)(3) 7 N/A 0 UWNNJ MONTCLAIR LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 371939417 REHABILITATION NJ 501(C)(3) 10 60 SOUTH FULLERTON LLC 1 NJCC CDE CAMDEN LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 463533613 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE MIDDLESEX LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 273298625 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE OCEAN LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 463507600 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE CUMBERLAND LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 474582611 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE MONMOUTH LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 474572260 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE PASSAIC LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 474594865 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE BARTON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 813416207 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE EDISON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 813422118 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE HAMILTON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 813454201 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE STOCKTON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 821034055 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE WHITMAN LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 821086529 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE WILSON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 821069866 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE KILMER LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 820990643 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE LIVINGSTON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 821002236 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE MORRIS LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 821023362 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE CAMPBELL LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 611884773 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE EAGLETON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 301064037 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE PARKER LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 320564938 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE ROBESON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 364896478 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE SALEM LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 352625520 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE AMOS LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 842214308 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE FIELD LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 842245273 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE HOUSTON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 842214881 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE PETERSON LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 861357814 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE GRIMESFARM LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 861266054 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 42 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 883569136 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 43 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 883596003 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 44 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 883577679 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 45 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 883577677 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 46 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 07102 883577676 INVESTMENT NJ N/A RELATED 0 0 CAPC USA FUND LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 842703328 REAL ESTATE DE N/A RELATED 0 0 CAPC SFR HOME IMPACT FUND LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 851091745 REAL ESTATE NJ N/A RELATED 0 0 WPB ARTS HOUSING LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 822327478 REAL ESTATE NJ N/A RELATED 0 0 CAPC ASSET STABILIZATION FUND 2 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 824978746 REAL ESTATE FL N/A RELATED 0 0 306 MLK URBAN RENEWAL COMPANY LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 812487866 REAL ESTATE NJ N/A RELATED 0 0 PARRAMORE ASSET STABILIZATION FUND LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 832006910 REAL ESTATE NJ N/A RELATED 0 0 NJCC NYS COMMUNITY RESTORATION FUND II LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 852593295 INVESTMENT NJ N/A RELATED 0 0 NJCC NJS COMMUNITY RESTORATION FUND II LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 862601949 MORTGAGES NJ N/A RELATED 0 0 EQUITABLE SMALL BUSINESS INITIATIVE LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 861803106 LENDING NJ N/A RELATED 0 0 NJCC CDE 47 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 932072232 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 48 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 932085287 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 49 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 932121850 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 50 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 932147794 INVESTMENT NJ N/A RELATED 0 0 NJCC CDE 51 LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 932158836 INVESTMENT NJ N/A RELATED 0 0 UNIVERSITY VENTURES INC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 221916445 INVESTMENT NJ CLFNJ C 0 NJCC LMI MORTGAGE PLATFORM LLC 100 ALBANY STREET SUITE 250 NEW BRUNSWICK NJ 08901 475393969 MORTGAGE LOANS NJ CLFNJ C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0