2025-01-14T14:23:19-06:00 2024-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2023-07-01 061043733 CASA OTONAL HOUSING CORPORATION CASA 2037731847 135 SYLVAN AVENUE NEW HAVEN CT 06519 ELMER RIVERA BELLO EXECUTIVE DIRECTOR 2037731847 2025-01-13 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2025-01-12 2023 2024-10-15 13:58:12Z ELMER RIVERA BELLO 135 SYLVAN AVENUE NEW HAVEN CT 06519 2335824 0 X N/A X 1981 CT CASA OTONAL HOUSING CORPORATION IS A NOT-FOR-PROFIT, NON-STOCK CORPORATION WHICH WAS ORGANIZED UNDER THE LAWS OF THE STATE OF CONNECTICUT ON MAY 6, 1981 TO OPERATE A 103 UNIT APARTMENT COMPLEX LOCATED IN NEW HAVEN, CONNECTICUT. THE PROJECT IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS WITH HUD, AND THE MAJOITY OF THE ORGANIZATIONS INCOME IS RECEIVED FROM HUD. 4 3 0 3 0 0 1643291 1839789 564512 471145 4015 24847 984 43 2212802 2335824 0 0 0 0 0 0 0 0 0 2235297 2132148 2235297 2132148 -22495 203676 4525914 4826705 5920091 6017206 -1394177 -1190501 TO PROVIDE HOUSING FOR THE ELDERLY AND DISABLED. 0 0 1968342 471188 PROVIDE 104 RENTAL UNITS TO ELDERLY OR DISABLED TENANTS UNDER SECTION 8 OF THE HOUSING AND URBAN DEVELOPMENT ACT. 1968342 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 X ELMER RIVERA BELLO 2037731847 135 SYLVAN AVENUE NEW HAVEN CT 06519 ELMER RIVERA-BELLO EXECUTIVE DIRECTOR 0.50 40.00 X X 0 120000 0 JUAN CANDELARIA CHAIRMAN 0.50 1.00 X X 0 0 0 RAMON RODRIGUEZ SANTANA OUTGOING TREASURER 0.50 1.00 X X 0 0 0 LARRY VANTERPOOL DIRECTOR 0.50 1.00 X 0 0 0 VIVIANNA CAMACHO DIRECTOR 0.50 1.00 X 0 0 0 0 120000 0 0 0 0 0 0 1839789 1839789 RENT REVENUE 531110 471145 471145 471145 24847 24847 43 43 43 2335824 471188 0 24847 392527 279583 112944 270 270 50862 50862 9402 9402 41574 41574 243195 243195 450 450 10899 10899 634008 634008 224044 224044 114120 114120 REPAIRS AND MAINTENANCE 311099 311099 SUPPLIES 44335 44335 RESIDENT SUPPLIES 29729 29729 BAD DEBT 24667 24667 967 967 2132148 1968342 163806 0 357666 403029 6258 549 5584 1067 34255 40275 10831391 9102385 1861938 1729006 188438 180159 2071775 2472620 4525914 4826705 96037 93786 11128 850 28976 30594 5627034 5466720 156916 425256 5920091 6017206 X -1394177 -1190501 -1394177 -1190501 4525914 4826705 203676 0 X 0 1 X 1 1 1 X 1576551 1722365 1759479 1643291 1839789 8541475 537008 373169 416322 564512 471145 2362156 2113559 2095534 2175801 2207803 2310934 10903631 0 0 0 10903631 1007 564 483 4015 24847 30916 1007 564 483 4015 24847 30916 4228 175 268 984 43 5698 2118794 2096273 2176552 2212802 2335824 10940245 0.99670 0.99870 0.00280 0.00070 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 4,228. 2020 AMOUNT: $ 175. 2021 AMOUNT: $ 268. 2022 AMOUNT: $ 984. 2023 AMOUNT: $ 43. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 28976 1618 30594 1 261500 261500 10037345 8569839 1467506 532546 532546 0 1729006 ESCROW DEPOSITS 746530 SECURITY DEPOSITS 31801 RESERVE FOR REPLACEMENT 1694289 2472620 RESIDUAL RECEIPTS 425256 425256 X 2335824 0 2335824 0 2335824 2132148 0 2132148 0 2132148 PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGES A REAL ESTATE PROPERTY MANAGEMENT COMPANY TO MANAGE THE PHYSICAL PROPERTY AND TO PERFORM BOOKKEEPING SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND TAX RETURNS CAN BE VIEWED ON THE GUIDESTAR WEBSITE. CASA OTONAL INC 135 SYLVAN AVENUE NEW HAVEN CT 06519 510201170 PROVIDE COMPREHENSIVE SERVICES TO ELDERLY HISPANIC PERSONS CT 501(C)(3) LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0