2024-09-30T13:25:44-05:00 2024-04-30 830696713 GARCIA ESPINOSA MIYARES RODRIGUEZ TRUEBA 2600 S DOUGLAS ROAD SUITE 800 CORAL GABLES FL 33134 990 2023-05-01 592296320 AREAWIDE HOUSING FOR THE ELDERLY OF BROWARD INC AREA 9547459567 5300 HIATUS ROAD SUNRISE FL 33351 CHARLOTTE MATHER-TAYLOR CHIEF EXECUTIVE OFFICER 9547459567 2024-09-30 1 1 JARNETTE G RODRIGUEZ CPA P01062623 3055295440 2024-09-30 2023 2024-10-15 13:58:12Z CHARLOTTE MATHER-TAYLOR 5300 HIATUS ROAD FORT LAUDERDALE FL 33351 1772881 0 X WWW.ADRCBROWARD.ORG X 1983 FL THE ORGANIZATION OWNS AND OPERATES LOW-COST HOUSING FOR THE ELDERLY AND DISABLED OF BROWARD COUNTY, THROUGH THE AUSPICES OF HUD, UNDER SECTION 202 OF THE HOUSING ACT OF 1958. 6 6 0 0 0 0 1380010 1421523 314658 346174 1847 5184 0 0 1696515 1772881 0 0 0 0 523564 580857 0 0 0 993186 1068187 1516750 1649044 179765 123837 2226976 2169288 4579452 4397927 -2352476 -2228639 THE ORGANIZATION OWNS AND OPERATES LOW-COST HOUSING FOR THE ELDERLY AND DISABLED OF BROWARD COUNTY, THROUGH THE AUSPICES OF HUD, UNDER SECTION 202 OF THE HOUSING ACT OF 1958. 0 0 1560498 1772881 THE AREAWIDE HOUSING FOR THE ELDERLY IS A NON-PROFIT 501(C) (3) ORGANIZATION ADMINISTERING A LOW INOME HUD 202 HOUSING FACILITY. THIS LOCATION PROVIDES A HOME FOR QUALIFYING SENIORS AND HANDICAPPED YOUNGER ADULTS THAT IS SUBSIDIZED BY HOUSING AND URBAN DEVELOPMENT (HUD) IN WASHINGTON, FL. THIS PROJECT IS NOT A FUNDRAISING PROGRAM. IT REPRESENTS AN EFFORT BY AREAWIDE HOUSING TO MEET THE SOCIAL, ECONOMIC AND EMOTIONAL NEEDS OF OLDER AMERICANS AND HANDICAPPED YOUNGER PERSONS TO LIVE IN A SAFE AND SECURE ENVIRONMENT. 1560498 1 0 0 0 0 0 0 0 0 0 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X CHARLOTTE MATHER-TAYLOR 9547459567 5300 HIATUS ROAD SUNRISE FL 33351 X NAUSHIRA PANDYA MD PRESIDENT 0.10 X X 0 0 0 SENATOR NAN H RICH VICE PRESIDENT 0.10 X X 0 0 0 DAVID LIEBERMAN TREASURER 0.10 X X 0 0 0 TIMOTHY CURTIN SECRETARY 0.10 X X 0 0 0 PAULINE GRANT IMMEDIATE PAST PRESIDENT 0.10 X X 0 0 0 CHARLOTTE MATHER-TAYLOR CHIEF EXECUTIVE OFFICER 0.10 X X 0 0 0 0 0 0 0 0 0 0 0 1421523 1421523 RENTAL INCOME- APT 531110 341373 341373 LAUNDRY AND VENDING RE 531110 4801 4801 346174 5184 5184 1772881 0 0 351358 519942 519942 33384 33384 27531 27531 88546 88546 17153 17153 35778 35778 592738 592738 180165 180165 95409 95409 26339 26339 MAINTENANCE SUPPLIES 32059 32059 1649044 1560498 88546 0 27013 55616 922797 862796 78231 106649 8393271 7320039 1116619 1073232 82316 70995 2226976 2169288 216707 189748 4362745 4208179 4579452 4397927 X -2352476 -2228639 -2352476 -2228639 2226976 2169288 123837 0 X 0 1 X 1 1 1 X 1300296 1276358 1372194 1380010 1421523 6750381 1300296 1276358 1372194 1380010 1421523 6750381 6750381 2219 1052 681 1847 5184 10983 301104 296540 242342 314658 346174 1500818 8262182 0.81700 0.82130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RENT REVENUE - GROSS POTENTIAL - 2019 AMOUNT: $ 301,104. 2020 AMOUNT: $ 296,540. 2021 AMOUNT: $ 242,342. 2022 AMOUNT: $ 314,658. 2023 AMOUNT: $ 346,174. 500101 500101 4908928 4897144 11784 59458 59458 0 2924784 2363437 561347 1073232 X 1772881 0 1772881 0 1772881 1649044 0 1649044 0 1649044 PART X, LINE 2: FIN 48 DISCLOSURE, SCHEDULE D , PART XIV, THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION ADOPTED THE ACCOUNTING PRONOUNCEMENT DEALING WITH UNCERTAIN TAX POSITIONS AS OF ACCOUNTING STANDARDS CODIFICAITON (ASC) 740. UPON ADOPTION OF THIS ACCOUTING PRONOUNCEMENT, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT APRIL 30, 2024. THERE WERE NO OPEN TAX YEARS PRIOR TO 2020. IN ADDITION, THE ORGANIZATION DID NOT HAVE ANY INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE FINANCIAL STATEMENTS. SCHEDULE D-PART XIV-PAGE 4 & SCHEDULE D-PART XII-#2B FIN 48 DISCLOSURE, SCHEDULE D , PART XIV, THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION ADOPTED THE ACCOUNTING PRONOUNCEMENT DEALING WITH UNCERTAIN TAX POSITIONS AS OF ACCOUNTING STANDARDS CODIFICAITON (ASC) 740. UPON ADOPTION OF THIS ACCOUTING PRONOUNCEMENT, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS. FURTHERMORE, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT APRIL 30, 2023. THERE WERE NO OPEN TAX YEARS PRIOR TO 2020. IN ADDITION, THE ORGANIZATION DID NOT HAVE ANY INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD HAS HIRED A MANAGMENT COMPANY, SHARKEY AND ASSOCIATES WITH EXPERIENCE IN HUD ASSISTED PROJECTS, TO MANAGE THE FACILITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 DRAFT IS PROVIDED TO THE GOVERNING BODY FOR APPROVAL BEFORE IT IS FILED. UPON BOARD APPROVAL CHARLOTTE MATHER-TAYLOR, CHIEF EXCUTIVE OFFICER, REVIEW AND SIGNS FORM 990. A COPY IS LEFT LOCKED IN OFFICE AND SECURED FILES FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 11B CHARLOTTE MATHER-TAYLOR, CHIEF EXECUTIVE OFFICER, REVIEWS AND SIGNS FORM 990 FORM 990, PART VI, SECTION B, LINE 12C THE MANAGEMENT AGENT NOTIFIES THE BOARD OF DIRECTORS IF ANY BOARD MEMBER HAS AN OWNERSHIP INTEREST IN A COMPANY BIDDING FOR WORK WITH THE PROJECT. THE BOARD WOULD REVIEW THE MATTER AND MAKE A DECISION ON HOW TO PROCEED, INCLUDING ENSURING SUCH WORK IS OBTAINED AT OR BELOW FAIR MARKET VALUE. FORM 990, PART VI, SECTION B, LINE 15 CONTRACT WITH THE MANAGMENT COMPANY IS REVIEWED AND RENEWED BY THE BOARD OF DIRECTORS AND APPROVED BY HUD. THERE ARE NO OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, 990 TAX RETURN AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AREAWIDE COUNCIL ON AGING OF BROWARD COUNTY INC 5300 HIATUS ROAD SUNRISE FL 33351 591529419 AREA AGENCY ON AGING FL 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0