2024-10-28T06:43:10-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 251441574 BROCKERHOFF HOUSE CORPORATION BROC 8143556830 105 SOUTH ALLEGHENY STREET BELLEFONTE PA 16823 LORI HAINES EXECUTIVE DIRECTOR 8143556830 2024-10-24 1 1 KERRI N BOGDA CPA P00760402 7177404863 2024-10-24 2023 2024-10-15 13:58:12Z LORI HAINES 105 SOUTH ALLEGHENY STREET BELLEFONTE PA 16823 441538 0 X N/A X 1983 PA TO PROVIDE HOUSING FOR LOW INCOME SENIOR CITIZENS. 6 6 0 6 0 0 0 85000 298461 309344 45 39 29607 31277 328113 425660 0 0 0 0 85267 61188 0 0 0 334040 347328 419307 408516 -91194 17144 901633 805647 1972907 1859777 -1071274 -1054130 X TO OPERATE AND MAINTAIN A 33 UNIT HOUSING PROJECT FOR SENIOR CITIZENS WITH VERY LOW INCOME. 0 0 358284 0 309344 THE BROCKERHOFF HOUSE IS A HUD SUBSIDIZED ELDERLY PROPERTY. RESIDENTS ARE SELECTED THROUGH A WAITING LIST AND MUST MEET THE CRITERIA OF THE TENANT SELECTION PLAN AS REQUIRED BY HUD. THE HISTORIC BROCKERHOFF HOUSE IS A 33 APARTMENT, INDEPENDENT LIVING FACILITY LOCATED ON THE DIAMOND IN DOWNTOWN BELLEFONTE. WE OFFER 28 ONE-BEDROOM APARTMENTS AND 5 STUDIO APARTMENTS. OUR RESIDENTS ENJOY ACCESS TO AN ONSITE LAUNDRY FACILITY, LIBRARY, COMMUNITY ROOM WITH KITCHEN AND BALCONY, COVERED PORCH, FIRST FLOOR LOBBY, ON-SITE MAIL DELIVERY AND PICK UP, ELEVATOR AND LOCKED ENTRY DOORS WITH KEY FOB AND CODE ACCESS. PROPERTY MANAGEMENT AND MAINTENANCE ARE ONSITE WITH AN AFTER-HOUR-ON-CALL MAINTENANCE SERVICE. ELECTRIC, HEAT, WATER, SEWER AND REFUSE ARE INCLUDED. RENT IS 30% OF ADJUSTED GROSS INCOME AND VARIES BY HOUSEHOLD. THE BROCKERHOFF HOUSE OFFERS EASY WALKING ACCESS TO MANY RESTAURANTS, SHOPS, BANKS, PROFESSIONAL SERVICES, AND CATA BUS STOPS. WE ARE AT THE HEART OF THE ACTION FOR COMMUNITY EVENTS SUCH AS THE ANNUAL BELLEFONTE CRUISE, LOGAN FIRE COMPANY ANNUAL PARADE, ARTS AND CRAFTS FAIR, VICTORIAN CHRISTMAS, AND MANY MORE. 358284 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LORI HAINES EXECUTIVE DIRECTOR 8143556830 105 SOUTH ALLEGHENY STREET BELLEFONTE PA 16823 X JEFF W STOVER PRESIDENT 2.00 0.00 X X 0 0 0 DAVID B LEE TREASURER 2.00 0.00 X X 0 0 0 RANDALL W HOLDERMAN MEMBER 2.00 0.00 X 0 0 0 RONALD J IADAROLA MEMBER 2.00 0.00 X 0 0 0 GEORGE KHOURY MEMBER 2.00 0.00 X 0 0 0 SAMUEL MCGINLEY JR MEMBER 2.00 0.00 X 0 0 0 LORI HAINES EXECUTIVE DIRECTOR/SECRETARY 10.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 85000 85000 RENTAL INCOME 531110 309344 309344 309344 39 39 40196 15878 24318 24318 24318 COMPENSATED ABSENCE CR 900099 3347 3347 LAUNDRY & VENDING REV. 900099 2240 2240 MISCELLANEOUS REVENUE 900099 1372 1372 6959 425660 309344 0 31316 50758 22413 28345 10430 4606 5824 200 200 3245 3245 24418 24418 12618 12618 67689 67689 68254 68254 129857 129857 24445 24445 SUPPLIES 10284 10284 OTHER OPERATING EXPENSE 6318 6318 408516 358284 50232 0 29324 36378 87504 39222 6717 3521 13512 13274 880 935 3363737 2668381 724154 695356 39542 16961 901633 805647 74231 20281 11 17272 16951 1881404 1822534 1972907 1859777 X -1071274 -1054130 -1071274 -1054130 901633 805647 17144 0 X 0 1 X 1 1 1 X 198339 85000 283339 140251 306240 284812 298461 309344 1339108 338590 306240 284812 298461 394344 1622447 0 0 0 1622447 169 37183 40795 40914 40235 159296 169 37183 40795 40914 40235 159296 21056 55731 124730 4558 6959 213034 359815 399154 450337 343933 441538 1994777 0.81330 0.79400 0.07990 0.06160 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 21,056. 2020 AMOUNT: $ 54,025. 2021 AMOUNT: $ 122,817. 2022 AMOUNT: $ 2,012. 2023 AMOUNT: $ 1,372. LAUNDRY VENDING REV - 2020 AMOUNT: $ 1,706. 2021 AMOUNT: $ 1,913. 2022 AMOUNT: $ 2,546. 2023 AMOUNT: $ 2,240. COMPENSATED ABSENCE CR - 2023 AMOUNT: $ 3,347. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 150000 150000 2582329 2129576 452753 631408 538805 92603 695356 X 441538 0 441538 -15878 -15878 425660 424394 15878 15878 408516 0 408516 PART IV, LINE 2B: BROCKERHOFF HOUSE CORPORATION PLACES A TENANT'S SECURITY DEPOSIT IN AN ESCROW ACCOUNT. UPON A TENANT MOVE-OUT, THE ORGANIZATION CALCULATES AND KEEPS THE FIRST TWO YEARS INTEREST EARNED AS AN ADMINISTRATIVE FEE. THE SECURITY DEPOSIT PLUS INTEREST EARNED OVER THE TWO YEAR ADMIN PERIOD IS MAILED TO TENANTS VIA CHECK WITHIN 30 DAYS OF MOVE OUT. PART X, LINE 2: THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2023. THE CORPORATION'S FEDERAL INCOME TAX RETURNS FOR THE YEARS SUBSEQUENT TO 2020 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -15,878. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 15,878. FORM 990, PART V, LINE 2A: CENTRE COUNTY HOUSING AUTHORITY IS CONSIDERED A COMMON PAY AGENT FOR W-2 REPORTING. CENTRE COUNTY HOUSING AUTHORITY REPORTS ALL EMPLOYEES ON ITS FORM W-3; THE SALARIES LISTED ON PART IX, STATEMENT OF FUNCTIONAL EXPENSES, ARE THOSE WHICH ARE ALLOCATED TO THE BROCKERHOFF HOUSE CORPORATION. FORM 990, PART VI, SECTION A, LINE 3 BROCKERHOFF HOUSE CORPORATION IS MANAGED BY CENTRE COUNTY HOUSING AUTHORITY. CENTRE COUNTY HOUSING AUTHORITY PAYS BROCKERHOFF HOUSE FOR 45% OF THE PROPERTY MANAGER'S COMPENSATION AND 45% OF THE MAINTENANCE TECHNICIAN'S COMPENSATION. THE CURRENT YEAR'S PROPERTY MANAGER JENNIFER HANN'S TOTAL COMPENSATION FOR 2023 WAS $36,298. THE CURRENT YEAR'S MAINTENANCE TECHNICIAN RODNEY BRUNGART'S TOTAL COMPENSATION FOR 2023 WAS $37,503. CENTRE COUNTY HOUSING AUTHORITY PAYS BROCKERHOFF HOUSE FOR 100% OF THE EXECUTIVE DIRECTOR'S COMPENSATION. THE CURRENT YEAR'S EXECUTIVE DIRECTOR LORI HAINES'S TOTAL COMPENSATION FOR 2023 WAS $87,371. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS GIVEN TO THE EXECUTIVE DIRECTOR TO REVIEW. IT IS THEN PROVIDED TO THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BROCKERHOFF HOUSE CORPORATION HAS A GENERAL HANDBOOK WITH SPECIFIC HR POLICIES UNDER THE CENTRE COUNTY HOUSING AUTHORITY. THE POLICY IS DESCRIBED AS FOLLOW: NO EMPLOYEE SHALL KNOWINGLY HAVE ANY INTEREST, DIRECT OR INDIRECT, IN ANY PROPERTY INCLUDED OR PLANNED TO BE INCLUDED IN ANY PROJECT OF THE AUTHORITY; NOR KNOWINGLY HAVE ANY INTEREST, DIRECT OR INDIRECT, IN ANY CONTRACT OR PROPOSED CONTRACT FOR MATERIALS OR SERVICES TO BE USED BY THE AUTHORITY. IF SUCH INTEREST WAS ACQUIRED PRIOR TO THE EMPLOYMENT, THE EMPLOYEE SHALL DISCLOSE THE SAME IN WRITING TO THE AUTHORITY. ALSO, NO EMPLOYEE SHALL ACCEPT EMPLOYMENT WITH AN OUTSIDE EMPLOYER THAT DERIVES IS FUNDS, IN WHOLE OR IN PART, FROM ACTIVITIES OF THE AUTHORITY. THE PROHIBITIONS OR THE PRECEDING PARAGRAPH SHALL BE INTERPRETED WITH EMPHASIS ON THE PROPOSITION THAT AN EMPLOYEE SHALL NOT BENEFIT FINANCIALLY BY REASON OF THE ACTIVITIES OF THE AUTHORITY WITH OUTSIDE PARTIES. WHERE DOUBT EXIST, LEGALLY OR ETHICALLY, THE EMPLOYEE SHALL TAKE THE INITIATIVE OF CALLING THE MATTER TO THE ATTENTION OF THE EXECUTIVE DIRECTOR FOR RULING AND GUIDANCE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE NOT PROVIDED AS THIS IS NOT REQUIRED BY FEDERAL OR STATE LAW.