2024-11-14T09:58:45-06:00 2023-12-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-01-01 853326225 641 HOUSING BENEFIT FUND INC 641H 9086874488 714 RAHWAY AVENUE UNION NJ 07083 JAMES KILKENNY DIRECTOR 9086874488 2024-11-14 1 1 RAYMOND HARGADON CPA P01780635 9082727000 2024-11-12 2023 2024-10-15 13:58:12Z JAMES KILKENNY 714 RAHWAY AVENUE UNION NJ 07083 28046010 0 X N/A X 2020 NJ PROVIDE FUNDING TO ELDERLY PERSONS WITH FIN'L NEED. 3 0 0 0 0 0 17960888 177838 0 0 88614 580386 0 0 18049502 758224 0 0 0 421000 0 0 0 0 0 37424 102666 37424 523666 18012078 234558 17915611 18526009 0 0 17915611 18526009 PROVIDE HOUSING ASSISTANCE TO ELDERLY PERSONS WITH FINANCIAL NEED. 0 0 421000 0 PROVIDE FUNDING TO ELDERLY PERSONS WITH FINANCIAL NEED TO ENABLE THEM TO LIVE WITH DIGNITY AND INDEPENDENCE BY ASSISTING THEM WITH HOUSING RELATED EXPENSES. 421000 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X BOARD OF TRUSTEES 9086874488 714 RAHWAY AVENUE UNION NJ 07083 JAMES KILKENNY DIRECTOR 1.00 40.00 X 0 132426 78774 CARLOS WONG DIRECTOR-FORMER 1.00 40.00 X 0 29386 22978 MICHAEL MARCHELLO DIRECTOR 1.00 40.00 X 0 108708 72781 GARY KANE DIRECTOR 1.00 40.00 X 0 67413 48207 0 337933 222740 0 0 1 0 0 177838 177838 517388 517388 27350784 27287786 62998 62998 62998 758224 0 0 580386 421000 421000 24000 24000 3000 3000 60910 60910 5727 5727 6235 6235 2794 2794 523666 421000 102666 0 15356467 876912 859105 16221972 1697747 1427125 2292 0 17915611 18526009 0 0 X 0 0 0 0 17915611 18526009 17915611 18526009 17915611 18526009 234558 375840 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 REAL ESTATE FUNDS 1427125 F 1427125 X 1134064 375840 375840 758224 0 758224 523666 0 523666 0 523666 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE CORPORATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE CORPORATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CORPORATION HAS FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AS REQUIRED. CURRENTLY, THE 2020 TO 2023 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE IRS. HOWEVER, THE CORPORATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE CORPORATION BEEN CONTACTED BY ANY OF THE TAXING AUTHORITIES. 0 0 0 0 0 0 0 0 0 JAMES KILKENNY DIRECTOR 0 132426 0 0 0 0 0 58004 0 20770 0 211200 0 0 MICHAEL MARCHELLO DIRECTOR 0 108708 0 0 0 0 0 52011 0 20770 0 181489 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS REVIEWED BY EACH OF THE DIRECTORS OF THE ORGANIZATION. THE BOARD OF DIRECTORS IS THE GOVERNING BODY OF THE ORGANIZATION AND CONSISTS OF ALL OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICES.