2024-05-15T10:00:24-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 261845990 BEAM HOMES INC BEAM 3016620099 PO BOX 3734 FREDERICK MD 21705 SARAH NORMAN PRESIDENT 3016620099 2024-05-15 1 SARAH NORMAN 999009999 0 JOSEPH CONNOLLY P01959750 9143818900 2024-05-02 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARAH NORMAN PO BOX 3734 FREDERICK MD 21705 25678 0 X N/A X 2008 MD TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. 5 3 0 5 0 0 0 21324 25154 4350 6 4 0 0 25160 25678 0 0 0 0 0 0 0 0 0 55395 65294 55395 65294 -30235 -39616 758407 748729 765573 795511 -7166 -46782 TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. 0 0 44289 0 4350 PROVIDING 6 UNITS OF AFFORDABLE HOUSING TO PERSONS WITH DISABILITIES. THE ENTITY RECEIVES ASSISTANCE UNDER PROVISION OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. 44289 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 X SARAH NORMAN 3016620099 PO BOX 3734 FREDERICK MD 21705 SARAH NORMAN PRESIDENT 0.25 40.00 X X 0 172288 20272 ROBERT HALL VICE PRESIDENT 0.25 8.25 X X 0 0 0 JEFF RICHARDSON TREASURER 0.25 40.00 X X 0 451063 51488 DAVID WEISS SECRETARY 0.25 8.25 X X 0 0 0 CLAIRE DENNIS-TUKPAH DIRECTOR 0.25 8.25 X 0 0 0 0 623351 71760 0 0 1 0 0 21324 21324 RENTAL INCOME 531110 4350 4350 4350 4 4 25678 4350 0 4 X 4200 4200 12235 12235 13085 13085 652 652 10742 10742 19793 19793 ALLOCATED SALARIES 3918 3918 REPAIRS AND MAINTENANCE 669 669 65294 44289 21005 0 1626 3747 43757 46761 0 4594 948645 255715 712723 692930 301 697 758407 748729 14651 44616 423 0 299 695 750200 750200 765573 795511 X -154869 -194485 147703 147703 -7166 -46782 758407 748729 -39616 0 X 0 1 X 0 1 1 X 19419 21324 40743 42214 39569 36898 5735 4350 128766 42214 39569 36898 25154 25674 169509 0 0 0 169509 8 6 6 6 4 30 8 6 6 6 4 30 42222 39575 36904 25160 25678 169539 0.99980 0.99980 0.00020 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 227730 227730 690387 237387 453000 12539 12048 491 17989 6280 11709 692930 X 25678 0 25678 0 25678 65294 0 65294 0 65294 PART IV, LINE 2B: RESIDENT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2020. 0 1 0 0 0 0 0 0 0 JEFF RICHARDSON TREASURER 0 444647 0 0 0 6416 0 27800 0 23688 0 502551 0 0 SARAH NORMAN PRESIDENT 0 171417 0 0 0 871 0 0 0 20272 0 192560 0 0 PART I, LINE 3 A RELATED PARTY, SHEPPARD PRATT HEALTH SYSTEM, INC., COMPENSATES OFFICERS OF THE ORGANIZATION. THE FOLLOWING IS THEIR PROCESS FOR DETERMINING COMPENSATION. SALARIES OF THE CEO AND TOP MANAGEMENT ARE REVIEWED BY THE EMPLOYEE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF SHEPPARD AND ENOCH PRATT FOUNDATION, INC. THIS COMMITTEE IS COMPRISED OF INDEPENDENT TRUSTEES. THE TRUSTEES REVIEW COMPENSATION FOR REASONABLENESS. THEY USE COMPARATIVE INDUSTRY DATA AND FORM 990S OF OTHER ORGANIZATIONS IN THEIR REVIEW PROCESS. THE PROCESS FOR EMPLOYEE COMPENSATION INCLUDES DEVELOPMENT OF COMPENSATION RECOMMENDATIONS BASED ON MARKET SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA AS WELL AS WRITTEN EMPLOYMENT CONTRACTS. THE SALARY INFORMATION FOR THIS GROUP IS OBTAINED BY A CONSULTANT THAT IS ENGAGED BY THE EXECUTIVE COMPENSATION COMMITTEE. THIS CONSULTANT USES CURRENT MARKET COMPENSATION SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA TO MAKE RECOMMENDATIONS. THE RECOMMENDATIONS ARE THEN PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE FOR APPROVAL. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS THAT COMPENSATION WAS APPROVED TO THE FULL BOARD. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. PART I, LINE 4B DURING CALENDAR YEAR 2022, JEFFREY RICHARDSON PARTICIPATED IN A RELATED PARTY, SHEPPARD PRATT HEALTH SYSTEM 457(F) PLAN. $25,000 WAS CONTRIBUTED DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 3 PROPERTY MANAGEMENT ACTIVITIES ARE PERFORMED BY THE RELATED SPONSORING ORGANIZATION, WAY STATION INC., PURSUANT TO A CONTRACT APPROVED BY HUD. WAY STATION, INC. IS A TAXEXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FEE IS CAPPED AT 58.40 PER UNIT PER MONTH AND THE AMOUNT CHARGED TO OPERATIONS FOR FISCAL YEAR 2023 WERE 4,200. THERE WERE NO INDIVIDUALS COMPENSATED BY THE MANAGEMENT COMPANY THIS FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE SPONSOR OF THE ORGANIZATION IS WAY STATION, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATIONS DIRECTORS ARE LIMITED TO INDIVIDUALS WHO HAVE BEEN APPROVED BY THE SPONSORING ORGANIZATION, WAY STATION INC. FORM 990, PART VI, SECTION A, LINE 7B THE SPONSORING ORGANIZATION, WAY STATION INC., HAS THE AUTHORITY TO REMOVE BOARD MEMBERS, AMEND GOVERNING DOCUMENTS AND MAKE GOVERNANCE DECISIONS OVER THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8A NO BOARD MEETINGS WERE HELD DURING THE FISCAL YEAR. THEY WERE HELD AT THE SPONSOR'S LEVEL. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED WITH A COMPLETE COPY OF THE RETURN PRIOR TO FILING. NO FURTHER REVIEW IS CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION EMPLOYS THE CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES OF ITS RELATED MANAGEMENT AGENT, WAY STATION, INC. 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. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACTS: PROGRAM SERVICE EXPENSES 13,085. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,085. SHEPPARD AND ENOCH PRATT FOUNDATION PO BOX 6815 BALTIMORE MD 21285 521357109 CONDUCT FUNDRAISING ACTIVITIES TO SUPPORT AFFILIATED ORGANIZATIONS MD 501(C)(3) LINE 7 N/A 0 WAY STATION INC PO BOX 3826 FREDERICK MD 21705 521162749 PROVIDES REHABILITATIVE AND TREATMENT SERVICES MD 501(C)(3) LINE 7 SHEPPARD & ENOCH PRATT FOUNDATION 0 WAY STATION FOUNDATION INC PO BOX 3826 FREDERICK MD 21705 521857765 SOLICIT AND ACCEPT FUNDS AND PROPERTY TO SUPPORT AFFILIATED ORGANIZATIONS MD 501(C)(3) LINE 7 WAY STATION INC 0 GEORGETOWN APTS INC PO BOX 3734 FREDERICK MD 21705 521952713 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 AUTUMN PLACE INC PO BOX 3734 FREDERICK MD 21705 521743979 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 SPRING PLACE INC PO BOX 3734 FREDERICK MD 21705 521806018 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WALDEN PLACE INC PO BOX 3734 FREDERICK MD 21705 521863828 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 IRISH MEADOWS INC PO BOX 3734 FREDERICK MD 21705 522084779 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 OLDETOWNE HOMES INC PO BOX 3734 FREDERICK MD 21705 522016556 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 POTOMAC RIVER HOMES INC PO BOX 3734 FREDERICK MD 21705 521910115 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 FLOYD KRESS HOMES INC PO BOX 3734 FREDERICK MD 21705 311758337 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WETZEL HOMES INC PO BOX 3734 FREDERICK MD 21705 030425594 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 FLURY PLACE INC PO BOX 3734 FREDERICK MD 21705 522140592 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 HINZE HOMES INC PO BOX 3734 FREDERICK MD 21705 412075445 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 O'CONOR HOMES INC PO BOX 3734 FREDERICK MD 21705 202825758 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 OTTEY HOMES INC PO BOX 3734 FREDERICK MD 21705 743072530 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 KIRKLAND HOMES INC PO BOX 3734 FREDERICK MD 21705 204789061 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 MAHER HOMES INC PO BOX 3734 FREDERICK MD 21705 208538406 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WOOLARD HOMES INC PO BOX 3734 FREDERICK MD 21705 200687580 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 BETTY JANE MALONE HOMES INC PO BOX 3734 FREDERICK MD 21705 264249476 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WINTER PLACE INC PO BOX 3734 FREDERICK MD 21705 521651855 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 GUIDE NASHVILLE HOMES INC PO BOX 3734 FREDERICK MD 21705 562638041 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 GUIDE MARYWOOD HOMES INC PO BOX 3734 FREDERICK MD 21705 753002389 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 GUIDE TREXLER HOUSE INC PO BOX 3734 FREDERICK MD 21705 522287796 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 SOURLIS ELEUTERIO HOMES INC PO BOX 3734 FREDERICK MD 21705 454234959 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0