2024-09-04T11:19:16-05:00 2023-12-31 223480145 HOLMAN FRENIA ALLISON PC 1985 CEDAR BRIDGE AVENUE SUITE 3 LAKEWOOD NJ 08701 990 2023-01-01 223538211 GOLDEN AGE TOWERS INC GOLD 7324997950 200-220 EAST MILTON AVE RAHWAY NJ 07065 RACHAEL FAILLACE PRESIDENT 7324997950 2024-09-04 1 1 CRAIG R JOHNSON P00836358 7327971333 2024-09-04 2023 2024-08-08 14:25:15Z ATTENTION MICHAEL WINTERS RACHAEL FAILLACE 200-220 EAST MILTON AVE RAHWAY NJ 07065 3532135 0 X N/A X 1997 NJ OPERATE A HOUSING FACILITY FOR RENTAL TO SENIOR CITIZENS OF LOW AND MODERATE INCOMES AND TO FURTHER COMMUNITY DEVELOPMENT FOR RELIEF OF SENIORS WITH LOW INCOMES AND SENIOR CITIZENS GENERALLY IN RAHWAY 7 7 0 0 34634 33634 55000 50000 3343015 3262420 8065 76101 96334 99779 3502414 3488300 0 0 0 0 0 0 0 0 0 3152586 3170055 3152586 3170055 349828 318245 6885474 7164783 399416 360684 6486058 6804099 OPERATE A HOUSING FACILITY FOR RENTAL TO SENIOR CITIZENS OF LOW AND MODERATE INCOMES AND TO FURTHER COMMUNITY DEVELOPMENT FOR RELIEF OF SENIORS WITH LOW INCOMES AND SENIOR CITIZENS GENERALLY IN RAHWAY. 0 0 2608282 3272715 COORDINATING AND FACILITATING EDUCATIONAL PROGRAMS TO IMPROVE THE QUALITY OF LIFE FOR SENIORS. COORDINATING AND FACILITATING ON-SITE SUPPORT TO PROJECTS IN THE BUILDING TO IMPROVE THE QUALITY OF LIFE FOR SENIORS. COORDINATING AND FACILITATING HEALTH AND HUMAN SERVICES TO IMPROVE THE QUALITY OF LIFE FOR SENIORS. 2608282 1 1 0 0 0 0 0 0 0 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 13 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NJ X MICHAEL WINTERS 7324997950 220-220 E MILTON AVENUE RAHWAY NJ 07065 X RACHAEL FAILLACE PRESIDENT 1.00 X X 0 0 0 CHRISTOPHER A KOZLOWSKI VICE PRESIDENT 1.00 X X 0 0 0 AMY GARCIA-PHILLIPS SECRETARY & TREASURER 1.00 X X 0 0 0 REVEREND ROBERT LENTO BUFFALO DIRECTOR 1.00 X 0 0 0 ALLEN D JONES DIRECTOR 1.00 X 0 0 0 D RUSSELL TAYLOR DIRECTOR 1.00 X 0 0 0 MICHELLE MCTAMNEY DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 CMC LIMITED 40 HUDSON STREET FREEHOLD NJ 07728 LEASED EMPLOYEES 699256 COUGHLIN MGT CO PO BOX 266 ADELPHIA NJ 07710 MANAGING AGENT 177495 TKR CONSTRUCTION 212 WILLET AVENUE SOUTH RIVER NJ 08882 ARCHT/CONSTR CO 161299 CRAIG'S PLUMBING 275 NEW BRUNSWICK AVE FORDS NJ 08863 PLUMBING AND HEATING 150238 SUS GLOBAL ENTERPRISES PO BOX 808 WOODBRIDGE NJ 07095 SECURITY SERVICE 137372 6 50000 50000 APARTMENT RENTS SECTIO 532000 2233886 2233886 APARTMENT RENTS TENANT 532000 1196914 1196914 VACANCY LOSS 532000 -168380 -168380 3262420 76101 76101 54130 43835 10295 10295 COMMERCIAL INCOME 532000 34634 34634 AIR COND. SURCHARGE 532000 24558 24558 SREC INCOME 532000 13891 13891 16401 16401 89484 3488300 3272715 34634 130951 172348 172348 48091 48091 33540 33540 9850 9850 3863 3863 77659 77659 781751 778155 3596 426991 425027 1964 177626 175179 2447 LEASED SERVICES 801130 633785 167345 MAINTENANCE CONTRACTS 465964 465964 MAINTENANCE & REPAIRS 113372 113372 SOCIAL SERVICE EXPENSES 33308 33308 24562 16800 7762 3170055 2608282 561773 0 400 400 114716 109070 70018 68723 78727 122700 16237436 11432420 4723276 4805016 1898337 2058874 6885474 7164783 323670 266184 11996 75746 82504 399416 360684 X 6486058 6804099 6486058 6804099 6885474 7164783 318245 -204 0 X 0 1 X 1 1 1 X 75000 75000 60000 55000 50000 315000 2762263 3278468 3194956 3343015 3262420 15841122 216304 120920 111554 96334 99779 644891 3053567 3474388 3366510 3494349 3412199 16801013 0 0 0 16801013 22236 8237 1136 8065 76101 115775 22236 8237 1136 8065 76101 115775 32554 33561 35509 36845 34634 173103 3108357 3516186 3403155 3539259 3522934 17089891 0.98310 0.98620 0.00680 0.00360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 168000 168000 14236355 9876540 4359815 1714401 1447101 267300 118680 108779 9901 4805016 SECURITY DEPT ACCOUNT 82348 R&R INVESTMENTS 1976526 2058874 TENANT SECURITY DEPOSIT 82504 82504 X 3531930 -205 43835 43630 3488300 0 3488300 3213890 43835 43835 3170055 0 3170055 PART X, LINE 2: AS REQUIRED BY THE ACCOUNTING STANDARDS CODIFICATION, THE CORPORATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE CORPORATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE CORPORATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. OTHER THAN PREVIOUSLY NOTED, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: STORE EXPENSES 43,835. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORE EXPENSE 43,835. FORM 990, PART VI, SECTION A, LINE 3 COUGHLIN MANAGEMENT COMPANY, INC. PROVIDES ONSITE MANAGEMENT SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT COMPANY REVIEWS THIS RETURN WITH THE PREPARER. THE RETURN IS THEN DISTRIBUTED TO THE GOVERNING BODY. A REASONABLE AMOUNT OF TIME IS ALLOWED FOR BOARD MEMBERS TO REVIEW THE RETURN. ONCE THAT TIME HAS PASSED, THE RETURN IS SIGNED BY AN AUTHORIZED BOARD MEMBER AND THE RETURN IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ADOPTED AT THE NOVEMBER 2010 BOARD MEETING. PER POLICY, THE VENDOR LISTS ARE REVIEWED PERIODICALLY WITH THE BOARD OF DIRECTORS TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. IF THERE ARE ANY CONFLICTS OF INTEREST WITH A SPECIFIC BOARD MEMBER, THE BOARD MEMBER WILL ABSTAIN FROM VOTING ON ANY APPROVALS FOR SUCH CONTRACTOR OR PAYMENT SUBMISSIONS. ANY POTENTIAL CONFLICT OF INTEREST IS DISCUSSED OPENLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE IRS FORM 1023, ANNUAL FINANCIAL STATEMENT, IRS FORM 990 AND THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION. IN ADDITION, THE ANNUAL FINANCIAL STATEMENT AND FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC ON THE INTERNET AT WWW.GUIDESTAR.ORG. FORM 990, PART VI - ADDITIONAL INFORMATION LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL NO COMPENSATION IS PAID TO BOARD MEMBERS OR DIRECTORS. LINE 15B - COMPENSATION PROCESS FOR OFFICERS SEVERAL YEARS AGO, THE ORGANIZATION TERMINATED ALL EMPLOYEES AND REPLACED THEM WITH LEASED EMPLOYEES FROM A LEASING COMPANY.