2025-11-03T13:53:24-08:00 2024-12-31 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2024-01-01 232927054 RALSTON MERCY DOUGLASS HOUSE RALS 2153825110 3817 MARKET STREET PHILADELPHIA PA 19104 JEANICE M SALTER MANAGEMENT AGENT/CEO 2153825110 2025-05-05 true true DUSTIN B WARD CPA MBA P01589702 8562731282 2025-11-03 2024 2025-03-06 01:10:19Z LYNETTE M KILLEN 3817 MARKET STREET PHILADELPHIA PA 19104 893357 false X N/A X 2001 PA TO IMPROVE THE HEALTH AND QUALITY OF LIFE FOR OLDER ADULTS IN PHILADELPHIA 15 15 9 20 0 0 35000 0 897500 893156 228 201 0 932728 893357 0 0 211097 230497 0 0 865961 950445 1077058 1180942 -144330 -287585 5255141 5009995 1300412 1342851 3954729 3667144 TO IMPROVE THE HEALTH AND QUALITY OF LIFE FOR OLDER ADULTS IN PHILADELPHIA false false 1180942 0 893156 TO PROVIDE LOW-INCOME, ELDERLY INDIVIDUALS WITH HOUSING FACILITIES AND SERVICES TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS 1180942 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 9 true false false false false false false false false false false X 15 15 false true false false false false false true true false false false true true false false false false true false X LOUISE JONES AHM 2153825110 PROPERTY MANAGER MARKET STREET PA 19104 X NEVILLE E STRUMPF PhD FAAN PRESIDENT 2.00 X X 0 0 0 EARL E BOYD VICE PRESIDENT 2.00 X X 0 0 0 RICHARD A AUSTIN TREASURER 2.00 X X 0 0 0 LYNETTE M KILLEN SECRETARY 2.00 X X 0 0 0 RANDY M BARNES MS MEMBER 2.00 X 0 0 0 LORRAINE DENNIS-MARTIN MEMBER 2.00 X 0 0 0 JOSEPH J HILL MEMBER 2.00 X 0 0 0 JEAN KENDRICK MBA MEMBER 2.00 X 0 0 0 JERRY MARTIN MEMBER 2.00 X 0 0 0 JEANICE M SALTER CPA MEMBER 2.00 X 0 0 0 SHARON TURNER MEMBER 2.00 X 0 0 0 GREGORY BENJAMIN MEMBER 2.00 X 0 0 0 BISHOP CLAUDE R BARNES MEMBER 2.00 0 0 0 ELIZABETH K KEECH MEMBER 2.00 X 0 0 0 MARGARET LIVINGSTON MEMBER 2.00 X 0 0 0 false false false RENTAL INCOME 532000 361473 0 0 TENANT CHARGES 531390 504 0 0 FESS & CONTRACTS FROM GOVERNMENT AGENCIES 532000 531179 0 0 893156 201 0 201 893357 893156 0 201 157391 157391 0 0 53261 53261 0 0 19845 19845 0 0 45860 45860 0 0 44747 44747 0 0 27808 27808 0 0 939 939 0 0 263630 263630 0 0 74099 74099 0 0 SECURITY PAYROLL/CONTRACT 168608 168608 0 0 UTILIITES 104015 104015 0 0 CONTRACTS 82310 82310 0 0 NURSING HOMES/ASSISTED LIVING/BOARD & CARE/OTHER ELDERLY CARE EXPENSES 81844 81844 0 0 56585 56585 0 0 1180942 1180942 0 0 42911 7623 7959 6943 16533 10837 9891471 5663774 4479709 4227697 708029 756895 5255141 5009995 61925 114498 10911 615 1210000 1210000 17576 17738 1300412 1342851 X 3954729 3667144 3954729 3667144 5255141 5009995 -287585 X false true X true true true X 0 0 20648 24996 0 35000 0 80644 782591 778146 832433 897500 893156 4183826 0 0 803239 803142 832433 932500 893156 4264470 0 0 0 4264470 342 153 149 228 201 1073 342 153 149 228 201 1073 0 0 0 0 0 0 4265543 0.99970 0.99970 0.00030 0.00030 X 212500 212500 9309553 5384149 3925404 214842 175428 39414 154576 104197 50379 4227697 TENANT DEPOSITS HELD IN TRUST 17738 ESCROW DEPOSITS 4 REPLACEMENT RESERVE 269048 OTHER RESERVES 456599 RESIDUAL RECIPTS RESERVE 13506 756895 TENANT DEPOSITS HELD IN TRUST 17738 17738 X 893357 893357 893357 1180942 1180942 1180942 Pt X, Line 2 THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE. IN ADDITION, THE PROJECT QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED. THE PROJECT HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. THE PROJECTS POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED DECEMBER 31, 2024. Pt VI, Line 3 THE ORGANIZATION HAS A MANAGEMENT COMPANY THAT CONTROLS DAY TO DAY OPERATIONS. Pt VI, Line 8b THE ORGANIZATIONS BOARD OF DIRECTORS MEET REGULARLY AND TAKE MINUTES OF ALL MEETINGS. THERE ARE NO COMITTEES. Pt VI, Line 11b A COPY OF THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND IS THEN SUBMITTED TO THE BOARD. Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC IN THE ORGANIZATIONS OFFICE UPON REQUEST. Pt VI, Line 15b PROPERTY MANAGER SALARY IS APPROVED BY THE FINANCE COMMITTEE DURING THE BUDGETING PROCESS AN OUTSIDE SALARY COMPARISON WITHIN THE PHILADELPHIA IS ALSO CONDUCTED.