2024-11-12T10:18:56-06:00 2023-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2023-01-01 300075759 LOS JARDINES INC LOSJ 3026526390 1000 W 5TH STREET WILMINGTON DE 19805 JERRY VELAZQUES PRESIDENT 3026526390 2024-11-12 1 1 MATTHEW BARNARD P01833048 3178485700 2023 2024-10-15 13:58:12Z JERRY VELAZQUES 2206 SHALLCROSS AVE WILMINGTON DE 19806 306051 0 X N/A X 2002 DE LOS JARDINES, INC. WAS ORGANIZED FOR THE PURPOSE OF PROVIDING HOUSING FOR THE LOW-INCOME AND ELDERLY. 11 11 3 10 0 0 208642 208942 92102 96085 63 76 2487 948 303294 306051 0 0 0 0 94607 82963 0 0 0 330148 356638 424755 439601 -121461 -133550 2359213 2261123 3639460 3674920 -1280247 -1413797 PROVIDE LOW-INCOME HOUSING TO ELDERLY ADULTS THROUGH FEDERAL ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 0 0 410978 96085 OPERATION, MAINTENANCE, AND SUPPORT OF A 25-UNIT AFFORDABLE HOUSING APARTMENT BUILDING FOR THE ELDERLY AND PHYSICALLY DISABLED, OFFERING SUPPORT SERVICES AND RECREATIONAL ACTIVITIES TO FACILIATE INCREASED SOCIALIZATION AND ENRICHMENT FOR ALL RESIDENTS. 410978 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 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 X 4 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X DERRICK LAWSON 6102601119 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 X G JERRY VELAZQUES PRESIDENT 1.00 X X 0 0 0 MARIA MATOS VICE PRESIDENT 10.00 X X 0 0 0 MARY DUGAN ESQ TREASURER 1.00 X X 0 0 0 MARCHELLE BASNIGHT MEMBER 1.00 X 0 0 0 MARIA CABRERA MEMBER 1.00 X 0 0 0 WILFREDO CAMPOS MEMBER 1.00 X 0 0 0 MARDELL COATES MEMBER 1.00 X 0 0 0 BREGETTA FIELDS MEMBER 1.00 X 0 0 0 CHARLES FREEL MEMBER 1.00 X 0 0 0 SARAH LESTER MEMBER 1.00 X 0 0 0 DEMETRIO ORTEGA MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 208942 208942 RENTAL INCOME 531110 96085 96085 96085 76 76 LAUNDRY & VENDING 531110 948 948 948 306051 96085 0 1024 63007 63007 3156 3156 11587 11587 5213 5213 17775 17775 10848 10848 23367 23367 172164 172164 1359 1359 594 594 112272 112272 MANAGER UNIT 13284 13284 BAD DEBTS 4975 4975 439601 410978 28623 0 4040 2011 11146 11152 7686 6193 5706 3060 4021171 1916041 2167101 2105130 163534 133577 2359213 2261123 67143 98666 1710 5266 5876 6257 3553296 3553296 11435 11435 3639460 3674920 X -1280247 -1413797 -1280247 -1413797 2359213 2261123 -133550 0 X 0 1 X 1 1 1 X 4711 208642 208942 422295 293194 294796 298465 92103 96085 1074643 1629 2649 2143 6421 294823 297445 305319 300745 305027 1503359 0 0 0 1503359 21 25 26 63 76 211 21 25 26 63 76 211 2487 948 3435 294844 297470 305345 303295 306051 1507005 0.99760 0.99820 0.00010 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME MISCELLANEOUS INCOME CONSISTS OF LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 120000 120000 3656786 1764705 1892081 4741 237 4504 237269 149139 88130 2375 1960 415 2105130 TENANT SECURITY DEPOSITS 6793 REPLACEMENT RESERVE 109323 RESIDUAL RECEIPTS RESERVE 17461 133577 MISC. OTHER LIABILITIES 11435 11435 X 306051 0 306051 0 306051 439601 0 439601 0 439601 PART IV, LINE 2B: THE ORGANIZATION ACTS AS A CUSTODIAN FOR REFUNDABLE SECURITY DEPOSITS RECEIVED FROM TENANTS AT THE TIME OF ENTRANCE AND HELD UNTIL DEPARTURE. PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. FORM 990, PART V, LINE 2: LOS JARDINES, INC., IS PART OF A GROUP OF COMPANIES FOR WHICH PRESBYSERVICES D/B/A PRESBY AFFORDABLE HOUSING (EIN: 23-3000326) IS CONSIDERED A COMMON PAY AGENT FOR W-2 REPORTING. PRESBYSERVICES REPORTS ALL EMPLOYEES ON ITS FORM W-3; HOWEVER, EACH GROUP MEMBER IS ALLOCATED EMPLOYEES, SALARY EXPENSE, AND BENEFITS. PER IRS INSTRUCTIONS, EMPLOYEES LISTED ON FORM 990, PART V, LINE 2A ARE DEEMED TO BE EMPLOYEES OF THIS ORGANIZATION. LOS JARDINES, INC., DOES NOT, HOWEVER, REPORT THESE EMPLOYEES ON A SEPARATE W-3 UNDER ITS OWN EIN. FORM 990, PART VI, SECTION A, LINE 2 MARIA MATOS IS THE EXECUTIVE DIRECTOR OF LATIN AMERICAN COMMUNITY CENTER (LACC). LACC PROVIDES SERVICES TO LOS JARDINES. FORM 990, PART VI, SECTION A, LINE 3 HUMANGOOD PENNSYLVANIA PROVIDES MANAGEMENT AND OTHER SUPPORTIVE SERVICES TO THE ORGANIZATION UNDER A MANAGEMENT AGREEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND THE MANAGEMENT COMPANY FOR APPROVAL BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IT SHALL BE A CONTINUING POLICY OF LOS JARDINES THAT ALL CONFLICTS OF INTEREST, AND APPEARANCES OF SUCH CONFLICT, BE SCRUPULOUSLY AVOIDED. TO ACHIEVE THAT RESULT, NO OFFICER, DIRECTOR, OR EMPLOYEE SHALL BE PERMITTED TO CONTRACT OR DO BUSINESS, DIRECTLY OR INDIRECTLY WITH LOS JARDINES ON A PROFIT BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY COMPENSATED INDIVIDUALS THAT MEET THE INTERNAL REVENUE SERVICE DEFINITION OF TOP MANAGEMENT OFFICIAL, OFFICER, OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.