2024-05-14T14:35:14-05:00 2023-06-30 812950760 SAX LLP 389 INTERPACE PARKWAY STE 3 PARSIPPANY NJ 07054 990 2022-07-01 272230034 GREAT FALLS HOUSING CORPORATION GREA 9734131600 PO BOX 6976 PATERSON NJ 07509 ROBERT GUARASCI CEO 9734131600 2024-05-14 1 ROBERT GUARASCI 999009999 0 MARQUS WHITE P00053187 9734726250 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT GUARASCI PO BOX 6976 PATERSON NJ 07509 483223 0 X N/A X 2009 NJ GREAT FALLS HOUSING CORPORATION IS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION WITH THE MISSION OF CREATING AFFORDABLE HOUSING IN THE CITY OF PATERSON. 3 1 0 4 135 0 218415 167004 342592 301352 191 153 -1478 135 559720 468644 0 0 0 0 0 0 0 0 0 622578 526039 622578 526039 -62858 -57395 8324639 8230538 4127712 4091006 4196927 4139532 GREAT FALLS HOUSING CORPORATION IS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION WITH THE MISSION OF CREATING AFFORDABLE HOUSING IN THE CITY OF PATERSON. 0 0 526039 301352 AFFORDABLE HOUSING FOR CHARITABLE PURPOSES. 526039 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ROBERT GUARASCI 9734131600 32 SPRUCE STREET PATERSON NJ 07501 ROBERT F GUARASCI CHAIR/PRESIDENT 4.00 62.00 X X 0 207000 11741 MICHAEL CASSIDY SECRETARY/TREASURER 4.00 47.00 X X 0 86463 238 MICHAEL DEBLASIO SECRETARY/TREASURER 4.00 47.00 X X 0 129470 0 MARTIN VERGARA VICE PRESIDENT 4.00 1.00 X X 0 0 0 0 422933 11979 0 0 1 0 0 167004 167004 PROGRAM INCOME 900003 301352 301352 301352 153 153 14714 14579 135 135 135 468644 301352 135 153 72000 72000 9172 9172 1088 1088 23743 23743 9904 9904 466 466 31854 31854 204335 204335 29427 29427 REPAIRS AND MAINTENANCE 114294 114294 PROGRAM EXPENSE 16835 16835 FACILITY COSTS 6809 6809 TELEPHONE 5331 5331 781 781 526039 526039 0 0 305201 507588 119404 195939 9014970 1537285 7682019 7477685 218015 49326 8324639 8230538 92203 126496 7360 3987634 3921274 47875 35876 4127712 4091006 X 4196927 4139532 4196927 4139532 8324639 8230538 -57395 0 X X 0 1 X 1 0 X 186027 194227 257725 218415 167004 1023398 186027 194227 257725 218415 167004 1023398 1023398 5021 191 153 5365 135 135 1028898 1169613 0.99470 0.99410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 80000 80000 320000 48540 271460 8614970 1488745 7126225 7477685 DUE TO AFFILIATES 9527 TENANT SECURITY DEPOSIT 26349 35876 X 483223 14579 14579 468644 0 468644 540618 14579 14579 526039 0 526039 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITION IN ACCORDANCE FOR UNCERTAINTY IN INCOME TAXES AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES UNLESS THE ORGANIZATION WAS TO ENGAGE IN ACTIVITIES THAT WOULD GENERATE UNRELATED BUSINESS INCOME. ELM STREET SUPPORTIVE HOUSING, LLC IS A SINGLE MEMBER LLC OF GREAT FALLS HOUSING CORPORATION, WHICH IS ALSO A WHOLLY OWNED SUBSIDIARY OF NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION AND IS A TAX EXEMPT ORGANIZATION AS MENTIONED ABOVE. 0 0 0 0 0 0 0 0 0 ROBERT F GUARASCI CHAIR/PRESIDENT 0 207000 0 0 0 0 0 0 0 11741 0 218741 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT GUARASCI, MICHAEL DEBLASIO AND MIKE CASSIDY HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED AND REVIEWED AT THE BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AND TRUSTEES ARE ASKED TO DISCLOSE IF THERE ARE ANY CONFLICTS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION BY ANYONE DURING NORMAL BUSINESS HOURS UPON REQUEST. IT IS ALSO AVAILABLE FOR INSPECTION ON THE GUIDE STAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ADMINISTRATIVE OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILTY FOR THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. ELM STREET SUPPORTIVE HOUSING LLC PO BOX 6976 PATERSON NJ 07509 270455705 RENTAL ACTIVITY NJ 278417 4182508 GREAT FALLS HOUSING CORPORATION NEW JERSEY COMMUNITY DEVELOPMENT CORP PO BOX 6976 PATERSON NJ 07509 223282526 NJCDC IS A NON-PROFIT COMMUNITY DEVELOPMENT & SOCIAL SERVICE AGENCY NJ 501(C)(3) LINE 7 0 HAWTHORNE SUPPORTIVE HOUSING INC PO BOX 6976 PATERSON NJ 07509 201505451 RENTAL ACTIVITY NJ 501(C)(3) LINE 7 NEW JERSEY COMMUNITY DEVELOPMENT CORP 0 75 SPRUCE STREET DEVELOPMENT INC PO BOX 6976 PATERSON NJ 07509 261150169 RENTAL ACTIVITY NJ 501(C)(3) LINE 12A, I NEW JERSEY COMMUNITY DEVELOPMENT CORP 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 NEW JERSEY COMMUNITY DEVELOPMENT CORP M 120000 NEW JERSEY COMMUNITY DEVELOPMENT CORP E 3222