2025-10-08T13:44:57-07:00 2025-04-30 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2024-05-01 236395751 STEPHEN SMITH TOWERS APARTMENTS FOR THE ELDERLY INC STEP 2158789560 1030 BELMONT AVENUE PHILADELPHIA PA 19104 YOLANDA PRESSLEY FINANCE AND ADMINISTRATION 2158789560 2025-08-04 true true DUSTIN B WARD CPA MBA P01589702 8562731282 2025-10-08 2024 2025-03-06 01:10:19Z VIVIAN S BUCHANON 1030 BELMONT AVE PHILADELPHIA PA 19104 1749640 false X N/A X 1983 PA TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND/OR DISABLED 4 4 0 0 0 0 0 1689451 1749451 341 189 0 1689792 1749640 0 0 354620 381086 0 0 1433967 1494619 1788587 1875705 -98795 -126065 4596256 4307301 5358956 5196066 -762700 -888765 TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND/OR DISABLED false false 1875705 0 1749451 THE ORGANIZATION PROVIDES/SUBSIDIZES LOW-INCOME HOUSING FOR THE ELDERLY AND/OR DISABLED IN A 140 UNIT APARTMENT COMPLEX 1875705 false false false false false false false false false true false false true true false 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 true 0 0 0 false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true false false false false false false X VIVIAN STEVENS-BUCHANON 2158789560 1030 BELMONT AVE PHILADELPHIA PA 19104 X PATRICIA SAWYER PRESIDENT 2.00 X 0 0 0 LORENZO CRUGER VICE PRESIDENT 2.00 X 0 0 0 KATHLEEN WILLIAMS SECRETARY 2.00 X 0 0 0 CHARLES THOMAS TREASURER 2.00 X 0 0 0 false false false RENTAL INCOME 532000 524411 0 0 FEES & CONTRACTS FROM GOVERNMENT AGENCIES 532000 1219765 0 0 TENANT CHARGES 531390 5275 0 0 1749451 189 0 189 1749640 1749451 0 189 306063 306063 0 0 47393 47393 0 0 27630 27630 0 0 96393 96393 0 0 3635 3635 0 0 22500 22500 0 0 37953 37953 0 0 131598 131598 0 0 310530 310530 0 0 155351 155351 0 0 CONTRACTS 214544 214544 0 0 UTILITIES 234939 234939 0 0 SECURITY CONTRACT 110850 110850 0 0 ELDERLY CARE EXPENSES 75156 75156 0 0 101170 101170 0 0 1875705 1875705 0 0 121653 24632 4038 3786 55028 53829 10380225 6707052 3816718 3673173 598819 551881 4596256 4307301 584412 489541 2112 2112 4735632 4667599 36800 36814 5358956 5196066 X -762700 -888765 -762700 -888765 4596256 4307301 -126065 X false true true true true 72899 72899 7322360 4297440 3024920 690677 635619 55058 2197875 1716259 481616 96414 57734 38680 3673173 TENANT DEPOSITS HELD IN TRUST 36814 ESCROW DEPOSITS 4558 REPLACEMENT RESERVE 189228 OTHER RESERVES 35227 RESIDUAL RECEIPTS RESERVE 286054 551881 TENANT DEPOSITS HELD IN TRUST 36814 36814 1749640 1749640 1749640 1875705 1875705 1875705 Other THE PROJECT IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 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 APRIL 30, 2025. Pt VI, Line 8b THE ORGANIZATIONS BOARD OF DIRECTORS MEET REGULARLY AND TAKE MINUTES OF ALL MEETINGS. THERE ARE NO COMMITTEES. Pt VI, Line 11b THE ORGANIZATIONS BOARD OF DIRECTORS AND MANAGEMENT COMPANY REVIEW THE 990 TO VERIFY THE AMOUNTS REPORTED AGREE WITH THE ORGANIZATIONS AUDITED Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILBLE TO THE PUBLIC IN THE ORGANIZATIONS OFFICE UPON REQUEST.