2024-01-31T13:55:28-06:00 2021-12-31 873231666 PKF O'CONNOR DAVIES LLP 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2021-01-01 223519521 LIFE MANAGEMENT INC LIFE 9736550300 77 PARK STREET MONTCLAIR NJ 07042 BARBARA HAVLIK EXEC. DIRECTOR 9736550300 2023-04-04 1 BARBARA HAVLIK 999009999 GARRETT M HIGGINS P00543209 2017129800 2023-02-20 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X BARBARA HAVLIK-EXE DIR 77 PARK STREET MONTCLAIR NJ 07042 2659436 0 X N/A X 1997 NJ FOSTER LOW-INCOME HOUSING AND SUPPORT RESIDENTS-PROVIDING ADVOCACY IN THE FORM OF SOCIAL SERVICES. 4 2 18 1 0 0 427102 2254653 405766 404636 94 147 0 0 832962 2659436 0 0 0 0 328452 395030 0 0 0 440043 446807 768495 841837 64467 1817599 31557161 54620732 31102258 52348230 454903 2272502 TO PROMOTE THE QUALITY OF LIFE FOR INDIVIDUALS VULNERABLE TO CRISIS OF DAILY LIVING DUE TO AGE, DISABILITY OR SOCIO-ECONOMIC STATUS, AND FOSTER AFFORDABLE HOUSING. 0 0 275768 404636 LIFE MANAGEMENT PROVIDES SOCIAL SERVICE PROGRAMS TO 13 AFFORDABLE HOUSING PROJECTS LOCATED THROUGHOUT ESSEX AND HUDSON COUNTIES. THE SERVICES PROVIDED BY LIFE MANAGEMENT INCLUDE, EDUCATIONAL, HEALTH AND FITNESS AND SOCIAL ACTIVITIES FOR BOTH ADULTS AND CHILDREN. THE SERVICES ARE FREE TO THE TENANTS OF THESE HOUSING PROJECTS AND ARE DONE THROUGH COUNSELORS AND CONSULTANTS PAID FOR BY LIFE MANAGEMENT TOTALING 1,023 HOUSEHOLDS AND APPROXIMATELY 6,000 HOURS, AS WELL AS 315 ADULT EDUCATION PROGRAMS, 264 CHILDREN'S WORKSHOPS, AND 23 HEALTH WORKSHOPS. 275721 LIFE MANAGEMENT INC. PROVIDES ASSISTANCE TO 167 SENIOR CITIZENS IN THE FORM OF RESIDENTIAL MAINTENANCE PROGRAMS. 163596 LIFE MANAGEMENT INC. PROVIDES ASSISTANCE TO SENIOR CITIZENS AND THEIR CAREGIVERS BY INSTALLING RAMPS AND MAKING OTHER IMPROVEMENTS WHICH ALLOW FOR GREATER MOBILITY. 715085 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 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 1 1 1 0 0 1 19 0 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NJ X X BARBARA HAVLIK 9736550300 77 PARK ST MONTCLAIR NJ 07042 BARBARA HAVLIK CHAIRPERSON/EXEC. DIRECTOR 20.00 X X 91550 0 0 ELLEN PARETTI VICE CHAIRPERSON/OPS. DIR. 20.00 X X 51019 0 0 DEBRA NEIER TREASURER 5.00 X X 2000 0 0 BETH ALBERT SECRETARY 5.00 X X 0 0 0 144569 0 0 0 0 0 0 0 1422766 831887 2254653 SOCIAL SERVICES INCOME 531390 404636 404636 404636 147 147 2659436 404636 0 147 X 144569 125165 19404 220601 190974 29627 29860 25851 4009 2561 2561 37407 11082 26325 271365 270031 1334 12441 3806 8635 1833 1352 481 16800 15840 960 3493 3493 5000 5000 18177 6900 11277 PROGRAM SUPPLIES 59565 59490 75 CLOSING COSTS 9564 9564 BAD DEBT EXPENSE 7500 7500 RECREATIONAL ACTIVITIES 1101 1101 841837 715085 126752 0 35107 42618 141197 182833 347990 253077 860584 25584 25000 835000 1801 2101 31006066 52842329 0 462774 31557161 54620732 96192 43127 31006066 52305103 31102258 52348230 X 454903 2272502 454903 2272502 31557161 54620732 1817599 0 X 0 1 X 0 0 X 269724 401938 370324 427102 2254653 3723741 378267 490291 448785 405766 404636 2127745 647991 892229 819109 832868 2659289 5851486 829500 829500 300507 383059 342276 305288 173030 1504160 300507 383059 342276 305288 1002530 2333660 3517826 94 147 241 94 147 241 1408 203 1611 647991 893637 819312 832962 2659436 5853338 0.60100 0.96770 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 815000 815000 45584 25584 20000 835000 MORTGAGES RECEIVABLE 32311280 C INVESTMENT IN LIFE MANAGEMENT IV (HINCHLIFFE STADIUM) 4509899 C LEVERAGE LOAN TO HINCHLIFFE STADIUM 16021150 C 52842329 X 2659436 0 2659436 0 2659436 841837 0 841837 0 841837 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE AND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2018. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION RECEIVES AN ELECTRONIC COPY OF THE 990. THE BOARD REVIEWS THE 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL INTERESTD PERSONS ARE SUBJECT TO THE CONFLICT-OF-INTEREST POLICY AND SHALL REPORT THE POSSIBLE EXISTENCE OF A CONFLICT OF INTEREST FOR HIMSELF/HERSELF OR ANY OTHER PERSON SUBJECT TO THE POLICY. THE REPORT SHALL BE MADE TO THE PRESIDENT OF THE ORGANIZATION. IN THE EVENT THE PERSON IN QUESTION IS THE PRESIDENT, SAID REPORT SHALL BE MADE TO THE BOARD OF DIRECTORS. THE MINUTES OF THE BOARD AND ALL COMMITTEES WITH BOARD-DELEGATED POWERS SHALL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED; THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD PERIODICALLY REVIEWS AND ESTABLISHES THE EXECUTIVE DIRECTOR'S AND OPERATIONS DIRECTOR'S COMPENSATION. COMPENSATION IS DETERMINED BASED ON PERFORMANCE AND ECONOMIC FACTORS. PERIODICALLY THE BOARD WILL EXAMINE THE COMPENSATION OF SIMILAR POSITIONS IN THE IMMEDIATE GEOGRAPHIC AREA AS WELL AS THOSE THROUGHOUT THE REGION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AND THE FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. INTERESTED PARTIES SHOULD CONTACT THE EXECUTIVE DIRECTOR AT 77 PARK STREET, MONTCLAIR, NJ 07042 TO REQUEST A COPY OF ANY OF THE DOCUMENTS. FORM 990, PART IX, LINE 11G CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 270,031. MANAGEMENT AND GENERAL EXPENSES 1,334. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 271,365. FORM 990, BOX B, PAGE 1 AN AMENDED RETURN IS BEING FILED IN ORDER TO CONFORM TO THE ORGANIZATION'S DECEMBER 31, 2021 FINANCIAL STATEMENTS. A LISTING OF ALL THE CHANGES TO THE FORM 990 IS AS FOLLOWS: 1. PAGE 1, LINE 1 UPDATED THE ORGANIZATION'S MISSION STATEMENT. 2. PAGE 3, PART IV, LINE 11E UPDATED TO ANSWER TO NO 3. PAGE 11, COLUMN B, LINE 7 & LINE 13 ADDED TOGETHER FROM THE ORIGINAL FILED RETURN TO THE AMENDED RETURN - LINE 7 IS ZERO AND LINE 13 $52,842,329 4. PAGE 11, COLUMN B, LINE 23 & LINE 25 TOGETHER FROM THE ORIGINAL FILED RETURN TO THE AMENDED RETURN - LINE 25 IS ZERO AND LINE $52,348,230 5. SCHEDULE A, PAGE 3, LINE 7B, ROW A -E - UPDATED TO CORRECT AMOUNT FROM OTHER THAN DISQUALIFIED PERSON AND UPDATE 7C TO THE CORRECT TOTALS FROM 7A & 7B. 6. SCHEDULE D, COLUMN UPDATEDDATED 7B, 7C & 8 7. SCHEDULE A, SECTION C, LINE 15 UPDATED PUBLIC SUPPORT PERCENTAGE 8. SCHEDULE B, NO 4 - UPDATED THE NAME OF THE CONTRIBUTOR 9. SCHEDULE D, PART VIII & PART X - UPDATED TO REFLECT THE BALANCE SHEET FROM THE FINANCIAL STATEMENTS & PAGE 11 END OF YEAR BALANCE SHEET, LINES: B7, B13, B23 & B25 10. SCHEDULE R PART III & CONTINUATION UPDATED TO REFLECT THE APPROPRIATE INFORMATION & IDENTIFICATIONITON OF RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP. 11. SCHEDULE R, PART ICOLUMNSUMN F, G & I - UPDATED. 12. SCHEDULE R, PART V, SECTION 1: LINES 1K, 1N, 1O & 1Q - UPDATED TO YES & SECTION 2, LINE UPDATED. 13. 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