2024-02-06T23:23:08-06:00 2023-03-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2022-04-01 522148579 HOMES FOR SHIPPENSBURG INC C/O HOMES FOR AMERICA INC HOME 4102691222 318 SIXTH STREET STE 2 ANNAPOLIS MD 214032566 DANA JOHNSON VICE PRESIDENT 4102691222 2024-02-01 1 DANA JOHNSON XXX-XX-XXXX 0 KEISHA N CHINN CPA P01035085 4107834900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANA JOHNSON 318 SIXTH STREET STE 2 ANNAPOLIS MD 214032566 226145 0 X WWW.HOMESFORAMERICA.ORG X 1999 MD PLEASE SEE SCHEDULE OHOMES FOR SHIPPENSBURG, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME ELDERLY. 8 6 0 0 0 0 11129 0 217379 226007 12 138 169 0 228689 226145 0 0 0 0 0 0 0 0 0 265389 260433 265389 260433 -36700 -34288 902144 864659 1745904 1742707 -843760 -878048 X HOMES FOR SHIPPENSBURG, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME ELDERLY. 0 0 238561 226007 SEE SCHEDULE O. 24 UNITS OF HOUSING SERVING SENIOR CITIZENS UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959. SERVICES, IN ADDITION TO HOUSING INCLUDE COMMUNITY MEAL SHARING, DAILY MEALS ON WHEELS DELIVERY, MONTHLY NON-PERISHABLE FOOD BOX DELIVERY, MONTHLY SEASONAL FRESH PRODUCE DELIVERY, VISITING NURSE PROGRAM, ON-SITE MOBILE LIBRARY WITH A RESIDENT COMPUTER, YOUTH VISITS, SOCIAL AND ACTIVITY PROGRAMS, MONTHLY SINGING ENTERTAINMENT AND REGULAR EDUCATION OPPORTUNITIES FROM THE LOCAL AGENCY ON AGING. AN ON-SITE CASE MANAGER IS AVAILABLE WEEKLY TO ASSIST WITH RESIDENT NEEDS AND FOR NETWORKING WITH COMMUNITY SOCIAL SERVICES ORGANIZATIONS. ALSO THERE IS AN ON-SITE 'FREE' STORE OFFERING PERSONAL CARE AND LAUNDRY ITEMS FOR RESIDENTS. 238561 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 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 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X SHERI MCGOWAN 4432594932 10220 OLD COLUMBIA ROAD SUITE M COLUMBIA MD 21046 LISA J YAFFE SECRETARY/TREASURER & DIRECTOR 0.25 0.00 X X 0 0 0 CHARLES L EDSON THRU 7-26-22 DIRECTOR 0.25 0.50 X 0 0 0 CATHY WALLICK DIRECTOR 0.25 40.00 X 0 71785 19110 JEFFREY R STERN DIRECTOR 0.50 0.00 X 0 0 0 DANA JOHNSON VICE PRESIDENT & DIRECTOR 0.25 40.00 X X 0 233207 33147 ERIC BROWN DIRECTOR 0.25 0.50 X 0 0 0 NANCY S RASE PRESIDENT & DIRECTOR 0.25 0.00 X X 0 0 0 KATHY EBNER DIRECTOR 0.25 0.00 X 0 0 0 SUSAN FRANK DIRECTOR 0.50 0.00 X 0 0 0 DIANE CLYDE THRU 12-14-22 DIRECTOR 0.25 40.00 X 0 208181 15136 0 513173 67393 0 0 1 0 0 RENTAL INCOME 531110 223348 223348 LAUNDRY INCOME 531110 2456 2456 MAINTENANCE CHARGES 531110 203 203 226007 138 138 226145 226007 0 138 14472 14472 7400 7400 793 793 35983 35983 35996 35996 8230 8230 CONTRACT LABOR 57749 57749 REPAIR & MAINTENANCE 54291 54291 UTILITIES 41392 41392 TAXES 4016 4016 111 111 260433 238561 21872 0 640 12089 1571 44 4718 5495 1813961 1041612 807525 772349 87690 74682 902144 864659 20567 16039 143 820 1704300 1704300 20894 21548 1745904 1742707 X -843760 -878048 -843760 -878048 902144 864659 -34288 0 X X 0 1 X 1 1 1 X 10014 8341 11129 0 29484 188270 195201 205882 217379 226007 1032739 188270 205215 214223 228508 226007 1062223 0 0 0 1062223 183 378 51 12 138 762 183 378 51 12 138 762 169 169 188453 205593 214274 228689 226145 1063154 0.99910 0.93930 0.00070 0.00060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2021 AMOUNT: $ 169. 113303 113303 1399208 740162 659046 301450 301450 0 772349 TENANT SECURITY DEPOSITS 9093 REPLACEMENT RESERVE 49761 RESIDUAL RECEIPTS 307 DEFERRED FINANCING COST 15521 74682 TENANT SECURITY DEPOSITS 9071 ADVANCES 12477 21548 X 226145 0 226145 0 226145 260433 0 260433 0 260433 PART X, LINE 2: THE CORPORATION 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 YEARS ENDED MARCH 31, 2023 AND 2022. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION 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 2019 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 DANA JOHNSON VICE PRESIDENT & DIRECTOR 0 232848 0 0 0 359 0 16324 0 16823 0 266354 0 0 DIANE CLYDE THRU 12-14-22 DIRECTOR 0 205865 0 500 0 1816 0 14573 0 563 0 223317 0 0 SCHEDULE J - QUESTION 3 THE REPORTABLE COMPENSATION FROM A RELATED ORGANIZATION IS BASED UPON APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED AND AUTHORIZED BY A MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE ANNUAL MEETING AND ALL OFFICERS AND DIRECTORS SIGN A STATEMENT ACKNOWLEDGING THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT AND A MEMBER OF THE ORGANIZATION'S BOARD REVIEWS THE ANNUAL AUDIT. THERE WAS NO CHANGE IN THE PROCESS FROM THE PREVIOUS YEAR. HOMES FOR MCCONNELLSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 522335700 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR LAUREL INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 522258799 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HFA COMMUNITY HOUSING DEVELOPMENT INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 262155870 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR AMERICA INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 521901220 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR ARUNDEL INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 542119728 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES FOR LAUREL II INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 364569310 REAL ESTATE MD 501(C)(3) LINE 10 N/A 0 HOMES DEVELOPMENT CORPORATION 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 521940646 REAL ESTATE MD HOMES FOR AMERICA C 1.00000 0 CLARE COURT CORPORATION 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 432035312 REAL ESTATE MD HOMES FOR AMERICA C 1.00000 0 BOOTH STREET LLC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 454588298 REAL ESTATE MD HOMES FOR AMERICA C -17 212688 1.00000 0 HOMES FOR EMMITSBURG INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 454855535 REAL ESTATE MD HOMES FOR AMERICA C -37 128496 1.00000 0 HOMES FOR GREENSPRING INC 318 SIXTH STREET SUITE 2 ANNAPOLIS MD 21403 203763885 REAL ESTATE MD HOMES FOR AMERICA C 59444 0.79000 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HOMES FOR AMERICA E 12477