2026-05-11T16:45:36-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-07-01 521910115 POTOMAC RIVER HOMES INC POTO 3016620099 PO BOX 3734 FREDERICK MD 21705 KELLY SAVOCA SVP & CFO 3016620099 2026-05-11 1 1 JOSEPH CONNOLLY P01959750 9143818900 2026-05-01 2024 2025-03-06 01:10:19Z KELLY SAVOCA PO BOX 3734 FREDERICK MD 21705 162920 0 X N/A X 1994 MD TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. 5 3 0 5 0 0 89414 108836 48687 54077 7 7 0 0 138108 162920 0 0 0 0 0 0 0 0 0 215186 278861 215186 278861 -77078 -115941 968152 905025 2125368 2178182 -1157216 -1273157 TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. 0 0 203310 0 54077 PROVIDING 22 UNITS OF AFFORDABLE HOUSING TO PERSONS WITH DISABILITIES. THE ENTITY RECEIVES ASSISTANCE UNDER PROVISION OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. 203310 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 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 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 X KELLY SAVOCA 3016620099 PO BOX 3734 FREDERICK MD 21705 DIANE MAISTROS PRESIDENT 1.00 40.00 X X 0 269848 22953 SARAH NORMAN CHIEF, COMMUNITY DEV. THRU 8/18/24 0.25 8.25 X X 0 192293 31784 RICHARD BARR VICE-PRESIDENT 1.00 40.00 X X 0 0 0 ERINN SHAW VICE-PRESIDENT THRU 11/24/24 0.25 8.25 X X 0 0 0 MARISA PLUNK TREASURER 0.25 8.25 X X 0 164814 35725 ISSUMI YOUNG SECRETARY THRU 11/24/24 0.25 8.25 X X 0 0 0 JOHN SHIPLEY DIRECTOR 0.25 8.25 X 0 0 0 CHARLES FARMER DIRECTOR 0.25 8.25 X 0 0 0 KELLY SAVOCA SVP & CFO 0.25 40.00 X 0 708729 51357 0 1335684 141819 0 0 1 0 0 108836 108836 RENTAL INCOME 531110 54077 54077 54077 7 7 162920 54077 0 7 X 16812 16812 9575 9575 13191 13191 76033 76033 832 832 63419 63419 57725 57725 ALLOCATED SALARIES 39655 4514 35141 REPAIRS AND MAINTENANCE 1619 1619 278861 203310 75551 0 4665 1892 75354 51951 9315 10330 2376794 1540718 874675 836076 4143 4776 968152 905025 122949 175130 4119 4752 1998300 1998300 2125368 2178182 X -1157216 -1273157 -1157216 -1273157 968152 905025 -115941 0 X 0 1 X 0 1 1 X 84144 81512 89414 108836 363906 148332 51801 45213 48687 54077 348110 148332 135945 126725 138101 162913 712016 0 0 0 712016 7 6 6 7 7 33 7 6 6 7 7 33 148339 135951 126731 138108 162920 712049 1.00000 0.99990 0.00000 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 217000 217000 1771877 1203400 568477 376516 325917 50599 9780 9780 0 1621 1621 0 836076 X 162920 0 162920 0 162920 278861 0 278861 0 278861 PART IV, LINE 2B: RESIDENT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ENTITY RECOGIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2022. 0 1 0 0 0 0 0 0 0 KELLY SAVOCA SVP & CFO 0 553128 0 128238 0 27363 0 48200 0 3157 0 760086 0 0 DIANE MAISTROS PRESIDENT 0 267528 0 0 0 2320 0 9631 0 13322 0 292801 0 0 SARAH NORMAN CHIEF, COMMUNITY DEV. THRU 8/18/24 0 185213 0 0 0 7080 0 1963 0 29821 0 224077 0 0 MARISA PLUNK TREASURER 0 158260 0 0 0 6554 0 5035 0 30690 0 200539 0 0 PART I, LINE 3 A RELATED PARTY, SHEPPARD PRATT HEALTH SYSTEM, INC., COMPENSATES OFFICERS OF THE ORGANIZATION. THE FOLLOWING IS THEIR PROCESS FOR DETERMINING COMPENSATION. SALARIES OF THE CEO AND TOP MANAGEMENT ARE REVIEWED BY THE EMPLOYEE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES OF SHEPPARD AND ENOCH PRATT FOUNDATION, INC. THIS COMMITTEE IS COMPRISED OF INDEPENDENT TRUSTEES. THE TRUSTEES REVIEW COMPENSATION FOR REASONABLENESS. THEY USE COMPARATIVE INDUSTRY DATA AND FORM 990S OF OTHER ORGANIZATIONS IN THEIR REVIEW PROCESS. THE PROCESS FOR EMPLOYEE COMPENSATION INCLUDES DEVELOPMENT OF COMPENSATION RECOMMENDATIONS BASED ON MARKET SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA AS WELL AS WRITTEN EMPLOYMENT CONTRACTS. THE SALARY INFORMATION FOR THIS GROUP IS OBTAINED BY A CONSULTANT THAT IS ENGAGED BY THE EXECUTIVE COMPENSATION COMMITTEE. THIS CONSULTANT USES CURRENT MARKET COMPENSATION SURVEYS AND OTHER COMPARATIVE INDUSTRY DATA TO MAKE RECOMMENDATIONS. THE RECOMMENDATIONS ARE THEN PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE FOR APPROVAL. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS THAT COMPENSATION WAS APPROVED TO THE FULL BOARD. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. PART I, LINE 4B DURING CALENDAR YEAR 2024, KELLY SAVOCA PARTICIPATE IN A RELATED PARTY, SHEPPARD PRATT HEALTH SYSTEM 457(F) PLAN. DURING THE YEAR $35,000 WAS CONTRIBUTED TO HER PLAN BY THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 PROPERTY MANAGEMENT ACTIVITIES ARE PERFORMED BY THE RELATED SPONSORING ORGANIZATION, WAY STATION INC., PURSUANT TO A CONTRACT APPROVED BY HUD. WAY STATION, INC. IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EFFECTIVE MAY 1, 2024, THE MONTHLY MANAGEMENT FEE WAS INCREASED FROM $58.40 TO $67.45 PER UNIT PER MONTH, AND THE AMOUNT CHARGED TO OPERATIONS FOR THE YEARS ENDED JUNE 30, 2025 AND 2024 WAS $16,812 AND $15,420. THERE WERE NO INDIVIDUALS COMPENSATED BY THE MANAGEMENT COMPANY THIS FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE SPONSOR OF THE ORGANIZATION IS WAY STATION, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATIONS DIRECTORS ARE LIMITED TO INDIVIDUALS WHO HAVE BEEN APPROVED BY THE SPONSORING ORGANIZATION, WAY STATION INC. FORM 990, PART VI, SECTION A, LINE 7B THE SPONSORING ORGANIZATION, WAY STATION INC., HAS THE AUTHORITY TO REMOVE BOARD MEMBERS, AMEND GOVERNING DOCUMENTS AND MAKE GOVERNANCE DECISIONS OVER THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8A NO BOARD MEETINGS WERE HELD DURING THE FISCAL YEAR. THEY WERE HELD AT THE SPONSOR'S LEVEL. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED WITH A COMPLETE COPY OF THE RETURN PRIOR TO FILING. NO FURTHER REVIEW IS CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION EMPLOYS THE CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES OF ITS RELATED MANAGEMENT AGENT, WAY STATION, INC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 76,033. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,033. SHEPPARD AND ENOCH PRATT FOUNDATION PO BOX 6815 BALTIMORE MD 21285 521357109 CONDUCT FUNDRAISING ACTIVITIES TO SUPPORT AFFILIATED ORGANIZATIONS MD 501(C)(3) LINE 7 N/A 0 SHEPPARD PRATT HEALTH SYSTEM PO BOX 6815 BALTIMORE MD 21285 520591684 PROVIDES INPATIENT/OUTPATIENT CARE, EDUC SVCS & RESID SVCS MD 501(C)(3) LINE 3 N/A 0 WAY STATION INC PO BOX 3826 FREDERICK MD 21705 521162749 PROVIDES REHABILITATIVE AND TREATMENT SERVICES MD 501(C)(3) LINE 7 SHEPPARD & ENOCH PRATT FOUNDATION 0 AUTUMN PLACE INC PO BOX 3734 FREDERICK MD 21705 521743979 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 BEAM HOMES INC PO BOX 3734 FREDERICK MD 21705 261845990 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 BETTY JANE MALONE HOMES INC PO BOX 3734 FREDERICK MD 21705 264249476 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 FLOYD KRESS HOMES INC PO BOX 3734 FREDERICK MD 21705 311758337 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 FLURY PLACE INC PO BOX 3734 FREDERICK MD 21705 522140592 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 GEORGETOWN APTS INC PO BOX 3734 FREDERICK MD 21705 521952713 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 HINZE HOMES INC PO BOX 3734 FREDERICK MD 21705 412075445 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 IRISH MEADOWS INC PO BOX 3734 FREDERICK MD 21705 522084779 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 KIRKLAND HOMES INC PO BOX 3734 FREDERICK MD 21705 204789061 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 MAHER HOMES INC PO BOX 3734 FREDERICK MD 21705 208538406 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 O'CONOR HOMES INC PO BOX 3734 FREDERICK MD 21705 202825758 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 OLDETOWNE HOMES INC PO BOX 3734 FREDERICK MD 21705 522016556 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 OTTEY HOMES INC PO BOX 3734 FREDERICK MD 21705 743072530 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 SOURLIS ELEUTERIO HOMES INC PO BOX 3734 FREDERICK MD 21705 454234959 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 SPRING PLACE INC PO BOX 3734 FREDERICK MD 21705 521806018 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WALDEN PLACE INC PO BOX 3734 FREDERICK MD 21705 521863828 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WETZEL HOMES INC PO BOX 3734 FREDERICK MD 21705 030425594 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WINTER PLACE INC PO BOX 3734 FREDERICK MD 21705 521651855 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 WOOLARD HOMES INC PO BOX 3734 FREDERICK MD 21705 200687580 PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS WITH MENTAL ILLNESES MD 501(C)(3) LINE 10 WAY STATION INC 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0