2025-03-11T08:50:10-05:00 2024-06-30 582487348 Aprio Advisory Group LLC 2002 Summit Boulevard Suite 120 Atlanta GA 30319 990 2023-07-01 208705744 Lake Ridge Elderly Development Inc LAKE 7034944455 11260 Roger Bacon Drive Suite 20 Reston VA 20190 John Gray Treasurer 7034944455 2025-02-18 1 1 Stacy Cullen P00974308 4048929651 2025-02-18 2023 2025-03-06 01:10:19Z John Gray 11260 Roger Bacon Drive Suite 20 Reston VA 20190 1920574 0 X www.fellowshipsqaure.org X 1983 VA Affordable housing and services for low income seniors and those who are physically disabled. 5 5 0 54 0 0 89258 80499 1726330 1800221 5786 6553 39096 33301 1860470 1920574 0 0 591452 0 0 629999 0 0 0 1386515 1530586 1977967 2160585 -117497 -240011 5038422 4568186 4876522 4646297 161900 -78111 X The Organization provides affordable housing and services to older adults. 0 0 2073643 1800221 Fellowship Square provides affordable housing and services to seniors, 62 and older, at four apartment buildings within the Washington DC region. In1983, Fellowship Square opened Lake Ridge Fellowship House (LRFH), an independent living community of 100 apartments and a variety of programs and supportive services. LRFH boasts a beautiful common space for activities, games, exercise, social events, and wellness programs. The property is adjacent to a local shopping plaza which makes daily errands easy and convenient for residents. The property operates a 14-seat passenger van for weekly shopping and errands and seasonal field trips for residents. The organization provides a robust monthly calendar of programs and events focused on keeping residents active and engaged to lead richer, healthier, and more satisfying lives. These programs and events rely on a variety of volunteers and community partners, such as healthcare specialists, legal expertise, and other pro bono services. An onsite service coordinator is the linchpin to connect residents to other community resources, such as Medicare, Medicaid, and other benefits to which they are entitled. The property operates under Section 223 (F) of the National Housing Act and participates in the Section 8 program. 2073643 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 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 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X The Organization 7034944455 11260 Roger Bacon Drive Suite 20 Reston VA 20190 Kathleen Harding President 1.00 X X 0 0 0 Pastor Mark Edwards Secretary 0.50 X X 0 0 0 John S Gray Treasurer 0.75 X X 0 0 0 Wavery Brown Director 0.50 X 0 0 0 Luzette Njweipi Director 0.50 X 0 0 0 Christina Zeitz CEO 1.00 39.00 X 0 201577 28953 0 201577 28953 1 0 1 0 A Advanced LLC (John G Webster Co) 10738 Tucker St Beltsville MD 20705 Mechanical 105088 1 80499 80499 HUD Subsidy Rental Inc 531110 1331564 1331564 Rental Income 531110 468657 468657 1800221 6553 6553 Miscellaneous Revenue 900099 21968 21968 Tenant Charges 900099 6320 6320 Laundry Vending 900099 5013 5013 33301 1920574 1800221 0 39854 549108 549108 619 619 43903 43903 36369 36369 75987 75987 10955 10955 8760 8760 332 332 101541 101541 3516 3516 165552 165552 316486 316486 105709 105709 Operating & Maintenance 301785 301785 Other Expenses 247709 247709 Utilities 165181 165181 Supplies 21415 21415 5658 5658 2160585 2073643 86942 0 276774 161547 28800 10239779 6840883 3558390 3398896 1174458 1007743 5038422 4568186 36068 162337 27376 36835 36577 4769556 4443827 6687 3556 4876522 4646297 X 161900 -78111 161900 -78111 5038422 4568186 -240011 0 X X 0 1 X 1 1 1 X 50674 18979 113579 89258 80499 352989 1605021 1643946 1674652 1726330 1800221 8450170 1655695 1662925 1788231 1815588 1880720 8803159 0 0 0 8803159 1741 845 744 5786 6553 15669 1741 845 744 5786 6553 15669 99908 64651 48192 39096 33301 285148 1757344 1728421 1837167 1860470 1920574 9103976 0.96700 0.96580 0.00170 0.00110 X 0 1 X 370000 370000 9073123 6505045 2568078 592478 275685 316793 204178 60153 144025 3398896 Escrow Deposits 99615 Replacement Reserve 473310 Residual Receipts Reserve 397348 Tenent Deposits Held in Trust 37470 1007743 Due to Affiliate Entity 3556 3556 X 1920574 0 1920574 0 1920574 2160585 0 2160585 0 2160585 Part IV, Line 2b: The escrow account holds tenent security deposits. Part X, Line 2: The Corporation is organized and operated exclusively for charitable, not-for-profit purposes. The Internal Revenue Service has, in prior years, issued its determination letter reflecting that Lake Ridge Elderly Development, Inc. is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. The Corporation is also exempt from state corporate income tax. The Corporation has also been classified as an entity that is not a private foundation within the meaning of Section 509(a) and qualifies for deductible contributions as provided in Section 170(b)(1)(A)(vi). Therefore, no income tax provision has been included in the financial statements. The Corporation is no longer subject to income tax examinations for calendar years up to and including the year ended June 30, 2020. X 0 0 0 0 0 0 0 0 0 Christina Zeitz CEO 0 188846 0 12731 0 0 0 10000 0 18953 0 230530 0 0 Form 990, Part VI, Section A, line 3 The organization's activities are managed by a real estate management firm, S. L. Nusbuam. The company provides accounting, human resource, and management oversight for the organization. Susan Hoffler is an employee of S. L. Nusbaum and the manager for the property. Her compensation, which reflects her management for this and other properties, was $112,507.20. Form 990, Part VI, Section A, line 6 Fellowship Sqaure Foundation,Inc. (EIN-XXX-XX-XXXX) is the parent organization of Lake Ridge Elderly Developments Inc. according to Lake Ridge's bylaws. Form 990, Part VI, Section A, line 7a The Fellowship Square Foundation, Inc. has the ability to appoint the governing body. Form 990, Part VI, Section A, line 7b The Fellowship Square Foundation, Inc. approves many decisions made by Lake Ridge Board of Directors, as outlined in the organization's bylaws. Form 990, Part VI, Section B, line 11b Fellowship Square executive staff perform an initial review. Once approved, the finance committee reviews the draft and subsequently the whole board reviews and approves the 990 prior to the return being filed. Form 990, Part VI, Section B, line 12c The organization's conflict of interest policy requires each director and/or officer to annually disclose his/her knowledge and understanding of the policy which includes the duty of the director and/or officer to disclose to the board of directors any actual or potential conflicts of interest. Family and business relationships are expressly mentioned in the policy. The board of directors (excluding any member who is party to the conflict) is responsible for reviewing the potential conflict and making the determination if an actual conflict of interest exists. Upon knowledge that a conflict was not properly disclosed to the board of directors, appropriate corrective and disciplinary actions shall be taken. Individuals party to any conflicts of interest shall be precluded from voting on any matters associated with the arrangement or transaction involving such conflict. Form 990, Part VI, Section C, line 19 The organization makes its conflict of interest policy, governing documents, and financial statements available upon request. Part XII, Line 2c No change in process from prior year. Fellowship Square Foundation 11260 Roger Bacon Drive Ste 20 Reston DC 20190 526067043 Rental Real Estate,Low income housing DC 501(c)(3) Line 10 N/A 0 Hunters Woods Elderly Developments of Virgina Inc 2231 Colts Neck Road Reston VA 20191 475323918 Rental Real Estate,Low income housing VA 501(c)(3) Line 10 Fellowship Sqaure Foundation 0 Largo Landing Elderly Development Inc 1077 Largo Road Upper Marlboro MD 20774 521264032 Rental Real Estate,Low income housing MD 501(c)(3) Line 10 Fellowship Sqaure Foundation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 Fellowship Square Foundation P 185565 Actual Value