2024-05-15T13:51:26-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 100 GREAT MEADOW ROAD WETHERSFIELD CT 06109 990 2023-01-01 061172515 SOUTHSOUTHWEST ELDERLY HOUSING CORPORATION INC SOUT 8607683300 635 FARMINGTON AVE HARTFORD CT 06105 KATE KELLETT PRESIDENT 8607683300 2024-05-15 1 KATE KELLETT XXX-XX-XXXX 1 GARRETT M HIGGINS P00543209 8602571870 2024-04-26 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z KATE KELLETT 635 FARMINGTON AVE HARTFORD CT 06105 335869 0 X N/A X 1986 CT TO PROVIDE SAFE, ACCESSIBLE HOUSING FOR THE ELDERLY. 4 4 0 4 0 0 93500 7800 262111 289792 528 3241 32239 35036 388378 335869 0 0 0 0 0 0 0 0 0 441302 457704 441302 457704 -52924 -121835 1391643 1240621 120669 91482 1270974 1149139 TO PROVIDE SAFE AND AFFORDABLE ELDERLY HOUSING FOR SOUTH/SOUTHWEST HARTFORD NEIGHBORHOOD RESIDENTS IN ORDER TO MINIMIZE THE DISPLACEMENT OF ELDERLY PEOPLE AND PRESERVE THE AREA'S RICH ETHNIC MIX. 0 0 409152 0 289792 SOUTH/SOUTHWEST ELDERLY HOUSING CORPORATION, INC. WAS CREATED TO PROVIDE LOW INCOME PUBLIC HOUSING FOR QUALIFIED INVIDUALS IN ACCORDANCE WITH THE RULES AND REGULATIONS PRESCRIBED BY THE CONNECTICUT DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT. THE CORPORATION OPERATES 36 UNITS OF THE ELDERLY LOW AND MODERATE INCOME HOUSING KNOWN AS MARY J. CARUSO GABLES IN HARTFORD, CONNECTICUT. 409152 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 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X WILLIAM MCCAUGHEY IMAGINEERS LLC 8607683300 635 FARMINGTON AVE HARTFORD CT 06105 X KATE KELLETT PRESIDENT 0.10 X X 0 0 0 BARBARA KEATING TREASURER/SECRETARY 0.10 X X 0 0 0 LORI SHIELDS DIRECTOR 0.10 X 0 0 0 LIZ SITLER LPC DIRECTOR 0.10 X 0 0 0 0 0 0 0 0 0 0 0 7800 7800 RENTAL REVENUE 532000 289792 289792 289792 3241 3241 30889 0 30889 30889 30889 OTHER TENANT CHARGES 532000 3341 3341 LAUNDRY INCOME 900099 505 505 LATE FEES 900099 301 301 4147 335869 289792 0 38277 89752 64162 25590 10700 10700 12262 12262 163421 163421 120282 120282 REPAIRS AND MAINTENANCE 61287 61287 457704 409152 48552 0 71911 40326 76830 80276 3310 2761 5894 2881 4106904 3010370 1216815 1096534 16883 17843 1391643 1240621 94145 59738 9668 14574 16856 17170 120669 91482 X 1270974 1149139 0 0 1270974 1149139 1391643 1240621 -121835 0 X X 0 1 X 0 0 X 7800 180167 93500 7800 289267 249819 249416 262111 289792 1051138 257619 429583 355611 297592 1340405 0 49118 50210 51940 47927 199195 49118 50210 51940 47927 199195 1141210 29458 29160 30517 34130 123265 29458 29160 30517 34130 123265 1245 683 2250 4147 8325 288322 459426 388378 335869 1471995 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE REIMBURSEMENT - 2020 AMOUNT: $ 1,065. OTHER TENANT CHARGES - 2020 AMOUNT: $ 25. 2021 AMOUNT: $ 332. 2022 AMOUNT: $ 1,359. 2023 AMOUNT: $ 3,341. LAUNDRY INCOME - 2020 AMOUNT: $ 155. 2021 AMOUNT: $ 351. 2022 AMOUNT: $ 216. 2023 AMOUNT: $ 505. LATE FEES - 2022 AMOUNT: $ 675. 2023 AMOUNT: $ 301. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 3664025 2861568 802457 442879 148802 294077 1096534 X 335869 0 335869 0 335869 457704 0 457704 0 457704 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS ON BEHALF OF RESIDENTS IN A SEPARATE ESCROW ACCOUNT. DEPOSITS ARE RETURNED TO TENANTS WHEN THEY MOVE OUT OF THEIR APARTMENTS. PART X, LINE 2: THE CORPORATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CORPORATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. FORM 990, PART VI, SECTION A, LINE 3 IMAGINEERS, LLC WAS HIRED BY THE BOARD OF DIRECTORS TO PERFORM ALL PROPERTY MANAGEMENT FUNCTIONS WHICH INCLUDE PROPERTY MAINTENANCE, RENTAL ACTIVITY, AND FINANCIAL FUNCTIONS. NO BOARD MEMBERS OR OFFICERS OF SOUTH/SOUTHWEST ELDERLY HOUSING CORP. ARE COMPENSATED BY IMAGINEERS, LLC. REPORTABLE COMPENSATION RECEIVED BY IMAGINEERS, LLC IN 2023 WAS $89,752, WHICH INCLUDES REIMBURSEMENTS FOR PAYROLL. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION'S BOARD OF DIRECTORS ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEES WERE IN PLACE DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT COMPANY. THE RETURN IS CIRCULATED ELECTRONICALLY TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.