2024-11-15T17:09:29-05:00 2023-12-31 223630716 ML PERRY CPA 1075 EASTON AVE TOWER 2 STE 3 SOMERSET NJ 08873 990 2023-01-01 208296546 PREMIER COMMUNITY DEVELOPMENT CORPORATION PREM 9087696335 510 EAST FRONT STREET PLAINFIELD NJ 07060 RANDALL WOOD CHAIRPERSON 9087696335 2024-11-15 true true MARK PERRY P00227890 7322209700 2024-11-15 X 2023 2024-10-15 13:58:12Z RANDALL WOOD 510 EAST FRONT STREET PLAINFIELD NJ 07060 354420 false X PCDCNJ.ORG X 2007 NJ THE PLAINFIELD COMMUNITY DEVELOPMENT CORPORATION (PCDC) IS AN AFFILIATE OF THE HOUSING AUTHORITY OF PLAINFIELD WORKING IN CONJUNCTION WITH THE CITY OF PLAINFIELD TO IMPROVE NEIGHBORHOODS FOR LOCAL RESIDENTS. PCDC FOCUSES ON THE DEVELOPMENT AND REHABILITATION OF QUALITY HOUSING FOR THE IMPROVEMENT OF FAMILY LIVES IN URBAN COMMUNITIES. 7 7 0 7 0 5964 1350 31202 351227 318 1843 0 37484 354420 0 0 6085 0 0 0 49580 49136 55665 49136 -18181 305284 557184 862374 9415 9321 547769 853053 X THE PLAINFIELD COMMUNITY DEVELOPMENT CORPORATION (PCDC) IS AN AFFILIATE OF THE HOUSING AUTHORITY OF PLAINFIELD WORKING IN CONJUNCTION WITH THE CITY OF PLAINFIELD TO IMPROVE NEIGHBORHOODS FOR LOCAL RESIDENTS. PCDC FOCUSES ON THE DEVELOPMENT AND REHABILITATION OF QUALITY HOUSING FOR THE IMPROVEMENT OF FAMILY LIVES IN URBAN COMMUNITIES. false false 9176 PROVIDE QUALITY AFFORDABLE HOUSING FOR MODERATE AND LOW INCOME FAMILIES LIVING IN THE CITY OF PLAINFIELD AND SURROUNDING URBAN AREAS. INCOME LIMITATIONS AND DEFINITIONS ESTABLISHED BY HUD GUIDELINES BY COUNTY. A PERSON IS CONSIDERED TO BE OF LOW INCOME ONLY IF HE OR SHE IS A MEMBER OF A HOUSEHOLD WHOSE INCOME WOULD QUALIFY AS "VERY LOW INCOME" UNDER THE SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM. GENERALLY, THESE SECTION 8 LIMITS ARE BASED ON 50% OF AREA MEDIAN. SIMILARLY,MODERATE INCOME RELIES ON SECTION 8 "LOWER INCOME" LIMITS, WHICH ARE GENERALLY TIED TO 80% OF AREA MEDIAN. PROVIDE HOMEBUYER ASSISTANCE IN THE PURCHASE OF PROPERTY DEVELOPED FOR MODERATE AND LOW INCOME FAMILIES. ADDITIONALLY, ORGANIZATION HAS SEVERAL COMMUNITY AND YOUTH INITIATIVES TO PROVIDES PROGRAMS, ACTIVITIES AND SERVICES THAT PROMOTE BOTH A POSITIVE, HEALTHY COMMUNITY AND DEVELOP HEALTHY, CAPABLE YOUNG PEOPLE AND FAMILIES. ORGANIZATION HAS SEVERAL COMMUNITY AND YOUTH INITIATIVES TO PROVIDES PROGRAMS, ACTIVITIES AND SERVICES THAT PROMOTE BOTH A POSITIVE, HEALTHY COMMUNITY AND DEVELOP HEALTHY, CAPABLE YOUNG PEOPLE AND FAMILIES. 9176 true false false false false false false false false false true false false false true false 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 true false false false false true 0 0 true 0 false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true false false X RANDALL WOOD 9087696335 510 EAST FRONT STREET PLAINFIELD NJ 07060 X GEORGETTE BARNES EXECUTIVE DI 2.00 X 0 0 0 PETER BRIGGS VICE-CHAIRPE 1.00 X 0 0 0 GEORGE B GORE DIRECTOR 1.00 X 0 0 0 KIM MONTFORD DIRECTOR 1.00 X 0 0 0 BARRY F PERSON DIRECTOR 1.00 X 0 0 0 HATTIE WILLIAMS DIRECTOR 1.00 X 0 0 0 RANDALL WOOD CHAIRPERSON 4.00 X 0 0 0 false false false 1350 1350 DEVELOPER FEES 531110 333479 333479 MANAGEMENT FEES 531110 17748 17748 351227 1843 1843 354420 353070 20000 20000 10595 10595 130 130 190 190 664 664 3372 3372 PROGRAM 6070 6070 STIPENDS 5000 5000 DONATIONS 3106 3106 BANK CHARGES 9 9 49136 9176 39960 0 155936 442890 107104 108738 1000 305501 282116 305501 12028 4245 557184 862374 9597 9293 -182 28 9415 9321 X 547769 853053 547769 853053 557184 862374 X 305284 X false false X 8466 354540 23592 5964 1350 393912 122638 24644 8764 156046 131104 379184 32356 5964 1350 549958 549958 65 114 125 318 1843 2465 65 114 125 318 1843 2465 38053 104903 30202 350227 523385 169222 484201 32481 36484 353420 1075808 0.51120 0.82880 0.00000 0.00000 X 305501 305501 305501 CREDIT CARD 28 28 354420 354420 354420 49136 49136 49136 FORM 990 - ORGANIZATION'S MISSION THE PLAINFIELD COMMUNITY DEVELOPMENT CORPORATION (PCDC) IS AN AFFILIATE OF THE HOUSING AUTHORITY OF PLAINFIELD WORKING IN CONJUNCTION WITH THE CITY OF PLAINFIELD TO IMPROVE NEIGHBORHOODS FOR LOCAL RESIDENTS. PCDC FOCUSES ON THE DEVELOPMENT AND REHABILITATION OF QUALITY HOUSING FOR THE IMPROVEMENT OF FAMILY LIVES IN URBAN COMMUNITIES. FORM 990, PAGE 2, PART III, LINE 4A PROVIDE QUALITY AFFORDABLE HOUSING FOR MODERATE AND LOW INCOME FAMILIES LIVING IN THE CITY OF PLAINFIELD AND SURROUNDING URBAN AREAS. INCOME LIMITATIONS AND DEFINITIONS ESTABLISHED BY HUD GUIDELINES BY COUNTY. A PERSON IS CONSIDERED TO BE OF LOW INCOME ONLY IF HE OR SHE IS A MEMBER OF A HOUSEHOLD WHOSE INCOME WOULD QUALIFY AS "VERY LOW INCOME" UNDER THE SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM. GENERALLY, THESE SECTION 8 LIMITS ARE BASED ON 50% OF AREA MEDIAN. SIMILARLY,MODERATE INCOME RELIES ON SECTION 8 "LOWER INCOME" LIMITS, WHICH ARE GENERALLY TIED TO 80% OF AREA MEDIAN. PROVIDE HOMEBUYER ASSISTANCE IN THE PURCHASE OF PROPERTY DEVELOPED FOR MODERATE AND LOW INCOME FAMILIES. ADDITIONALLY, ORGANIZATION HAS SEVERAL COMMUNITY AND YOUTH INITIATIVES TO PROVIDES PROGRAMS, ACTIVITIES AND SERVICES THAT PROMOTE BOTH A POSITIVE, HEALTHY COMMUNITY AND DEVELOP HEALTHY, CAPABLE YOUNG PEOPLE AND FAMILIES. FORM 990, PAGE 6, PART VI, LINE 11B COPIES OF THE COMPLETED FORM 990 (INCLUDING REQUIRED SCHEDULES) ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND ALSO WITH THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C ALL OFFICERS AND DIRECTORS ANNUALLY SIGN A WRITTEN STATEMENT CERTIFYING THAT NO CONFLICT OF INTEREST EXIST. THE POLICY REQUIRES ANY DIRECTOR OR OFFICER TO ABSTAIN FROM VOTING ON ALL MATTERS WHERE A DIRECT OR INDIRECT CONFLICT OF INTEREST MAY EXIST. FORM 990, PAGE 6, PART VI, LINE 15A CURRENTLY, CEO SALARIES ARE PAID BY THE PLAINFIELD HOUSING AUTHORITY, AN AFFILIATE ORGANIZATION. THEIR SALARIES ARE REVIEWED AND APPROVED BY A SEPARATE BOARD OF COMMISSIONERS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND PROCEDURES, FINANCIAL STATEMENTS AND TAX FILINGS ARE MADE AVAILABLE TO THE GENERAL PUBLIC BASED UPON REQUEST. REQUEST CAN BE MADE DURING THE ORGANIZATION'S NORMAL HOURS OF BUSINESS OPERATIONS. FORM 990, PART XI, LINE 9 REALIZED LOSS ON PROPERTY HELD FOR RESALE 0 PCDC ELMWWOOD LLC 510 EAST FRONT STREET PLAINFIELD NJ 07060 320573435 HOUSING NJ PREMIER COMMUNITY DEVELOPMENT CORPORATION SCHEDULE R TAXPAYER NAME - PCDC ELMWOOD, L.L.C. EIN: 32-0573435 IN ACCORDANCE WITH SECTION 168(H)(6)(F)(II) OF THE INTERNAL REVENUE CODE, ALL TAX-EXEMPT ENTITIES HOLDING A CONTROLLING INTEREST IN THE TAXPAYER HEREBY ELECT TO TREAT ANY GAIN RECOGNIZED ON ANY DISPOSITION OF SUCH INTEREST (AND ANY DIVIDEND RECEIVED OR ACCRUED BY THE TAX-EXEMPT ENTITY FROM THE CONTROLLED ENTITY) AS UNRELATED BUSINESS TAXABLE INCOME FOR PURPOSES OF SECTION 511 OF THE INTERNAL REVENUE CODE."