2024-09-11T12:53:17-07:00 2024-04-30 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2023-05-01 232193806 BRIGHT HOPE NON-PROFIT CORPORATION BRIG 2152324902 1600 NORTH 8TH STREET PHILADELPHIA PA 19122 VIVIAN S BUCHANON VICE PRESIDENT 2152324902 2024-08-07 true true DUSTIN B WARD CPA MBA P01589702 8562731282 2024-09-11 2023 2024-08-08 14:25:15Z VIVIAN S BUCHANON 1600 NORTH 8TH STREET PHILADELPHIA PA 19122 1507072 false X N/A X 1981 PA PROVIDES LOW INCOME HOUSING SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 14 14 0 0 0 0 0 1348891 1506882 104 190 11891 0 1360886 1507072 0 0 396989 336947 0 0 1112244 1221292 1509233 1558239 -148347 -51167 1673312 1607299 3661925 3647079 -1988613 -2039780 PROVIDES LOW INCOME HOUSING SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT false false 1558239 0 1506882 PROVIDES 130 UNITS OF LOW INCOME APARTMENTS SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 1558239 true false false false false false false false false false true false false true true true 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 false false true 0 0 0 true false false false false false false false false false false false false false X 14 14 false false false false false false false true false false false true false false false false false false X COMMUNITY PROPERTY MANAGEMENT INC 2152354902 1600 NORTH 8TH STREET PHILADELPHIA PA 19122 X WILLIAM R RAYMOND PRESIDENT 2.00 X X 0 0 0 JUDGE GENECE E BRINKLEY BOARD MEMBER 1.00 X 0 0 0 ANGELA HAYNES ESQ BOARD MEMBER 1.00 X 0 0 0 FREDERICK HAYNES BOARD MEMBER 1.00 X 0 0 0 SHIRLEAN SAWYER BOARD MEMBER 1.00 X 0 0 0 ROSE THURMOND BOARD MEMBER 1.00 X 0 0 0 DARRION MCKINNEY BOARD MEMBER 1.00 X 0 0 0 false false false RENTAL INCOME 532000 447241 0 0 FEES & CONTRACTS FROM GOVERNMENT AGENCIES 532000 1057085 0 0 LAUNDRY/VENDING 812300 1470 0 0 TENANT CHARGES 531390 1086 0 0 1506882 190 0 190 REFINANCING REFUND 999999 0 0 0 0 0 1507072 1506882 0 190 247471 247471 0 0 67594 67594 0 0 21882 21882 0 0 99439 99439 0 0 22500 22500 0 0 44911 44911 0 0 734 734 0 0 116833 116833 0 0 137291 137291 0 0 85762 85762 0 0 CONTRACTS 284693 284693 0 0 UTILITIES 167003 167003 0 0 SECURITY CONTRACT 120076 120076 0 0 ELDERLY CARE EXPENSES 37960 37960 0 0 104090 104090 0 0 1558239 1558239 0 0 65406 23580 21880 7900 35391 46972 8650646 7377966 1325968 1272680 224667 256167 1673312 1607299 274837 315542 13204 6936 3338713 3287611 35171 36990 3661925 3647079 X -1988613 -2039780 -1988613 -2039780 1673312 1607299 -51167 X false true X false true true X 0 0 0 1389644 1410876 1408416 1338478 1504326 7051740 0 0 1389644 1410876 1408416 1338478 1504326 7051740 0 0 0 7051740 701 781 35 104 190 1811 701 781 35 104 190 1811 15943 11188 7583 22304 2556 59574 7113125 0.99140 0.98950 0.00030 0.00050 X Pt III Ln 12 Other Income Part III, Line 12 Description: LAUNDRY AND VENDING REVENUE AND TENANT CHARGES 2019: 15943. 2020: 11188. 2021: 7583. 2022: 22304. 2023: 2556. 86569 86569 6809322 6039496 769826 1627185 1248637 378548 127570 89833 37737 1272680 FINANCING COSTS 15801 DEPOSITS 1588 MORTGAGE ESCROW DEPOSITS 3737 RESERVE FOR REPLACEMENTS 170240 RESIDUAL RECEIPTS RESERVE 0 OTHER RESERVES 27811 TENANT ESCROW DEPOSITS 36990 256167 TENANT SECURITY DEPOSITS 36990 36990 X 1507072 1507072 1507072 1558239 1558239 1558239 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, 2024. 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 FINANCIAL STATEMENTS FOR THE YEAR AND ALL QUESTIONS ARE ANSWERED ACCURATELY. Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILBLE TO THE PUBLIC IN THE ORGANIZATIONS OFFICE UPON REQUEST.