2024-11-14T15:12:25-06:00 2023-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-01-01 223114280 Affordable Housing Alliance % THE ORGANIZATION AFFO 7323892958 3535 Route 66 Parkway 100 Bldg 4 Neptune NJ 07753 Randi Moore CEO 7323892958 2024-11-15 true true Joseph Perez P00961850 7328281614 2024-11-15 2023 2024-10-15 13:58:12Z Randi Moore 3535 Route 66 Parkway 100 Bldg 4 Neptune NJ 07753 12599651 false X www.housingall.org X 1991 NJ PROVIDE AFFORDABLE HOUSING AND COUNSELING SERVICES TO THOSE IN NEED IN THE STATE OF NEW JERSEY. 9 9 86 9 0 0 8517984 8518219 2703063 2562021 -81951 147747 1524609 1344833 12663705 12572820 0 0 0 0 4984665 4893970 0 0 66553 7769885 8648066 12754550 13542036 -90845 -969216 24007239 19041906 18949173 14332936 5058066 4708970 PROVIDE AFFORDABLE HOUSING AND COUNSELLING SERVICES TO THOSE IN NEED IN THE STATE OF NEW JERSEY. false false 11101364 2562021 THE AFFORDABLE HOUSING ALLIANCE SERVES THE SPECIAL NEEDS OF INDIVIDUALS BY ACQUIRING, DEVELOPING, AND MANAGING HOUSING AND RELATED FACILITIES. ADMINISTERS STATE-WIDE PROGRAM WITH THE BOARD OF PUBLIC UTILITIES FOR EMERGENCY ENERGY RELIEF NAMED PAYMENT ASSISTANCE FOR GAS AND ELECTRIC. 11101364 true true false false false false false false false false true true false true true true false true false false false false false false true false false false false true false false false false false false false false false false false false false true false false false true 70 0 true 86 true false false false false false false false false false false false false 9 9 false false false false false false false true true false false true true true false true true false false false NJ X THE ORGANIZATION 7323892958 3535 ROUTE 66 PARKWAY 100 BLDG 4 NEPTUNE NJ 07753 RANDI MOORE CEO 38.0 2.0 X X 179653 0 0 WARREN SIDOSKY CFO 38.0 2.0 X X 154353 0 0 christopher j pugliese Dir of Housing Dvlpmt 39.0 1.0 X 127774 0 0 J Randy Bishop CHAIR 1.3 0.0 X X 0 0 0 Dyese Davis Vice Chair 1.3 0.0 X X 0 0 0 Peter Dontas Treasurer 1.3 0.0 X X 0 0 0 Maria Delaplain Secretary 1.3 0.0 X X 0 0 0 Bernard Friel TRUSTEE 1.3 0.0 X 0 0 0 Laurence Gurman TRUSTEE 1.3 0.0 X 0 0 0 Maria Messano TRUSTEE 1.3 0.0 X 0 0 0 Mark Moore TRUSTEE 1.3 0.0 X 0 0 0 Anthony Privitera TRUSTEE 1.3 0.0 X 0 0 0 461780 0 0 3 false true false 0 8405500 112719 8518219 GROSS RENTS 532000 2478748 2478748 CONSULTING FEES 900099 83273 83273 2562021 90996 90996 0 0 0 0 0 56751 56751 56751 56751 67886 26831 41055 41055 0 0 0 0 0 0 OTHER INCOME 900099 677303 677303 MANAGEMENT FEES 900099 482349 482349 ADMINISTRATIVE FEES 531390 144126 144126 1303778 12572820 3922550 132051 0 0 0 0 0 0 4065248 2667782 1365389 32077 0 479016 324923 148018 6075 349706 245424 101522 2760 331145 331145 282490 129308 153182 0 0 0 0 586000 586000 14815 373 14442 57347 22257 35090 248002 151215 96787 0 4811358 4761713 49645 40150 26657 13493 0 0 146023 146023 0 774714 774714 300537 223870 76667 OCEAN COUNTY HHIS EXPENSES 287487 287487 REAL ESTATE TAXES 183794 183794 COMMUNICATIONS 113248 104490 8758 AFFILIATE FEES 174100 174100 296856 291234 -20019 25641 13542036 11101364 2374119 66553 6036138 2927622 0 588058 0 0 184776 171604 0 0 0 0 0 0 0 0 0 0 22082031 9891948 14395759 12190083 0 0 2409624 1864222 0 0 21907 0 959035 1300317 24007239 19041906 95197 243110 0 0 3875058 1273563 0 0 0 0 0 0 3367156 3155976 0 0 11611762 9660287 18949173 14332936 X 5058066 4708970 0 0 5058066 4708970 24007239 19041906 X -969216 44486 575634 X X false true X true true true X 7866210 8857357 9920329 8517984 8518219 43680099 0 0 7866210 8857357 9920329 8517984 8518219 43680099 0 43680099 0 12190 4188 4367 40572 61317 0 1794089 2181525 2447651 1002465 1566307 8992037 52733453 13165522 0.82832 0.82820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1884097 1884097 18801651 9049538 9752113 789284 475048 314236 606999 367362 239637 12190083 INVESTMENTS 1864222 F 1864222 RIGHT OF USE ASSETS 534127 CAPITAL INVESTMENT RESERVE 92995 MORTGAGE ESCROWS 10182 REPAIRS AND REPLACEMENTS 77863 DEPOSITS 322994 INVEST IN TAX CREDIT CORPS 127554 DUE FROM RELATED PARTIES 18935 OTHER ASSETS 115667 1300317 0 HUD RETURNABLE CAPITAL GRANT 33250 LEASE LIABILITY 423633 DUE TO RELATED PARTIES 553416 MORTGAGE GRANTS 8404003 TENANT SECURITY DEPOSITS 245985 9660287 X 13855313 44486 1238007 1282493 12572820 12572820 14759478 1217442 1217442 13542036 13542036 PART X, LINE 2 The Organization and its wholly owned Subsidiaries are nonprofit organizations that are exempt from income taxes under 501(c)(3) of the Internal Revenue Code and comparable state law as charitable organizations whereby only unrelated business income, as defined by Section 509(a)(1) of the Code is subject to federal income tax. The Organization currently has no unrelated business income. Accordingly, no provision for income taxes has been recorded. The Organization follows the accounting guidance for uncertain income tax positions, which clarifies the accounting and recognition for tax positions taken or expected to be taken in its income tax returns. The Organization recognizes the tax benefits from uncertain tax positions only if it is more likely than not that a tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. Management has determined that there are no unrecognized tax benefits that will significantly increase or decrease over the next twelve months, nor has the Organization incurred any interest or penalties related to income tax expense during the year ended December 31, 2023. The Organization, for the year ended December 31, 2023, filed all required federal, state, and local tax returns and made all payments on a timely basis. PART XI, LINE 2D - OTHER ADJUSTMENTS SUBSIDIARY GRANDVIEW APPARTMENT AFFORDABLE HOUSING CORP $1,802,607 SUBSIDIARY ALLEN HOUSE INC. 108,295 ELIMINATION OF INTERCOMPANY REVENUE (699,726) FUNDRAISING SPECIAL EVENT DIRECT EXPENSES 26,831 ---------------- Total $1,238,007 PART XII, LINE 2D - OTHER ADJUSTMENTS SUBSIDIARY GRANDVIEW APPARTMENT AFFORDABLE HOUSING CORP $1,717,927 SUBSIDIARY ALLEN HOUSE INC. 172,410 ELIMINATION OF INTERCOMPANY EXPENSES (699,726) FUNDRAISING SPECIAL EVENT DIRECT EXPENSES 26,831 ----------------- Total $1,217,442 social service 67886 67886 26831 0 67886 67886 26831 26831 41055 X false false false false false false false false false RANDI MOORE CEO 179653 0 0 0 0 0 0 0 0 0 179653 0 0 0 WARREN SIDOSKY CFO 154353 0 0 0 0 0 0 0 0 0 154353 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B TAX FORM 990 REVIEWED BY SENIOR MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8 The Organization's consolidated financial statements contained errors in prior years, related to the sales of certain property. These errors caused property and equipment to be overstated by $1,637,230, long term liabilities - escrow to be overstated by $853,791 and other receivables to be understated by $40,885. Net assets as of January 1, 2023, have been reduced by $742,554 to correct the aggregate effect of the errors. The Organization's consolidated financial statements contained errors related to certain mortgage grants. These errors caused mortgage grants to be overstated by $1,318,188. Net assets as of January 1, 2023, have been increased by $1,318,188 to correct the aggregate effect of the errors. The previously unrecorded sales and the previously unrecorded discharge of mortgage and recoverable grant obligations occurred in various years prior to December 31, 2020. Had the errors not been made, the change in net assets for all prior years would have been increased by $575,634. GRANDVIEW APARTMENT AFFORDABLE HOUSING 3535 ROUTE 66 AFFORDABLE PARKWAY 1 NEPTUNE NJ 07753 223389093 SEE SUP. INFO NJ 501(C)(3) 170(B)(1)(A AHA false ALLEN HOUSE INC 3535 ROUTE 66 PARKWAY 100 BLDG 4 NEPTUNE NJ 07753 364739436 SEE SUP. INFO NJ 501(C)(3) 170(B)(1)(A AHA false false false false true false false false false false false false false false false true true false false false GRANDVIEW APARTMENT AFFORDABLE HOUSING D 570279 COST GRANDVIEW APARTMENT AFFORDABLE HOUSING O 378480 COST GRANDVIEW APARTMENT AFFORDABLE HOUSING P 155376 COST FORM 990, SCHEDULE R, PART II, BOX B PROVIDE AFFORDABLE HOUSING FORM 990, SCHEDULE R, PART II, BOX B PROVIDE ELDERLY PERSONS WITH AFFORDABLE HOUSING RENTAL FACILITIES SERVICES.