2025-10-15T07:29:43-05:00 2024-12-31 231909723 MCKONLY & ASBURY LLP 415 FALLOWFIELD ROAD CAMP HILL PA 17011 990 2024-01-01 233085236 SYLVAN RETREAT APARTMENTS INC SYLV 7172911911 8 WEST KING STREET 821 LANCASTER PA 17603 ZOE BRACCI PRESIDENT 7172911911 2025-10-14 1 1 GARY J DUBAS P00252339 7177617910 2025-10-13 X 2024 2025-03-06 01:10:19Z ZOE BRACCI 8 WEST KING STREET 821 LANCASTER PA 17603 326618 0 X N/A X 2001 PA TO CONSTRUCT AND OPERATE A RENTAL HOUSING FACILITY FOR LOW-INCOME, ELDERLY TENANTS AS DEFINED BY HUD REGULATIONS AND GUIDELINES. 0 0 0 7 0 0 0 0 291672 298456 468 478 27167 27684 319307 326618 0 0 0 0 82974 87933 0 0 0 315737 328921 398711 416854 -79404 -90236 2176224 2087725 3950216 3951953 -1773992 -1864228 TO CONSTRUCT AND OPERATE A RENTAL HOUSING FACILITY FOR LOW-INCOME, ELDERLY TENANTS AS DEFINED BY HUD REGULATIONS AND GUIDELINES. 0 0 394546 326140 THE ORGANIZATION WAS CREATED FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A 40-UNIT ELDERLY APARTMENT COMPLEX IN LANCASTER, PENNSYLVANIA. 394546 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 7 0 1 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X SAMUAL JORDAN 7172911911 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 SHARLENE WOODRUFF HDC REPRESENTATIVE DIRECTO 0.50 40.00 X 0 175298 11483 ZOE BRACCI PRESIDENT 0.50 X X 0 0 0 LARRY REICH VICE PRESIDENT 0.50 X X 0 0 0 JO RAFF SECRETARY/TREASURER 0.50 X X 0 0 0 CHRIS DRIGGS DIRECTOR 0.50 X 0 0 0 LEE MILLS DIRECTOR 0.50 X 0 0 0 ELAINE SAVUKAS DIRECTOR 0.50 X 0 0 0 JEAN WEGLARZ DIRECTOR 0.50 X X 0 0 0 0 175298 11483 0 0 1 0 0 RENTAL INCOME 900099 181415 181415 HOUSING ASSISTANCE SUBSIDIES 900099 115379 115379 SPECIAL CLAIMS SUBSIDY 900099 1662 1662 298456 478 478 SERVICE INCOME 531110 27684 27684 27684 326618 326140 0 478 63866 60672 3194 18525 17599 926 5542 5265 277 29136 26222 2914 11875 10687 1188 1078 1078 42689 42689 93750 84375 9375 16289 16289 EQUIPMENT RENTAL AND MA 46331 46331 ADMINISTRATIVE 44333 39899 4434 REPAIRS AND MAINTENANCE 35298 35298 SUPPORTIVE SERVICES 8055 8055 87 87 416854 394546 22308 0 9027 5022 122 974 12056 14353 4299861 2324467 2041584 1975394 113435 91982 2176224 2087725 19682 21711 3914300 3914300 16234 15942 3950216 3951953 X -1773992 -1864228 -1773992 -1864228 2176224 2087725 -90236 0 X 0 0 0 X 111117 111428 116463 111069 117041 567118 111117 111428 116463 111069 117041 567118 567118 243 217 146 468 478 1552 29940 27109 28086 27147 27664 139946 708616 845406 0.80030 0.79880 X 447859 447859 3779341 2251805 1527536 56766 56767 -1 15895 15895 0 1975394 PREPAID RENT 313 TENANT SECURITY DEPOSITS 15629 15942 X 326618 0 326618 0 326618 416854 0 416854 0 416854 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) FOR EXEMPT FUNCTION REVENUES. THE ORGANIZATION ADHERES TO THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION 740, INCOME TAXES. ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS CONCLUDED THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. 0 0 0 0 0 0 0 0 0 SHARLENE WOODRUFF HDC REPRESENTATIVE DIRECTO 0 175298 0 0 0 0 0 6135 0 5348 0 186781 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES CONTROL OF MANAGEMENT DUTIES TO HOUSING DEVELOPMENT CORPORATION MIDATLANTIC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE MANAGEMENT COMPANY WHO IS HANDLING THE OPERATIONS. THE PRESIDENT ALSO REVIEWS THE RETURN PRIOR TO FILING IT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. HOUSING DEVELOPMENT CORPORATION MIDATLANTIC 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 231861343 MEET THE AFFORDABLE HOUSING NEEDS IN THE COMMUNITIES THEY SERVE PA 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0