2025-03-05T10:15:31-06:00 2024-09-30 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2023-10-01 522079213 SACRED HEART VILLAGE I INC SACR 3026525523 115 E 14TH STREET WILMINGTON DE 19801 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 3026525523 2025-03-05 1 0 JONATHAN D MOLL CPA P01053700 3022250600 2025-03-05 2023 2025-03-06 01:10:19Z BROTHER RONALD GIANNONE 115 E 14TH STREET WILMINGTON DE 19801 1143428 0 X HTTP://SACREDHEARTVILLAGE.ORG X 1999 DE AFFORDABLE HOUSING FOR THE ELDERLY 9 9 14 20 0 0 1150 0 1059177 1118942 1417 5739 25610 18747 1087354 1143428 0 0 0 0 519856 542070 0 0 0 921372 989641 1441228 1531711 -353874 -388283 6351758 6196083 4862208 5094816 1489550 1101267 THE MISSION OF SACRED HEART VILLAGE 1, INC. IS TO PROVIDE PERMANENT, AFFORDABLE HOUSING FOR SENIORS. 0 0 1365945 1128033 TO PROVIDE AFFORDABLE, DECENT HOUSING FOR VERY LOW INCOME ELDERY PERSONS. THE ORGANIZATION OPERATES A 77-UNIT HOUSING FACILITY. 1365945 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 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 1 0 0 0 1 3 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X BROTHER RONALD GIANNONE OFM CAP 3026525523 115 E 14TH STREET WILMINGTON DE 19801 KATHLEEN DUFFY SMITH MEMBER 2.00 X 0 0 0 JOHN COOK MEMBER 2.00 X 0 0 0 CHRISTINE DEALY HAYNES PRESIDENT 2.00 X X 0 0 0 KENT JORDAN MEMBER 2.00 X 0 0 0 CAROLINE MCDONOUGH MEMBER 2.00 X 0 0 0 PATRICK MCHUGH JR VICE PRESIDENT 2.00 X X 0 0 0 BROTHER RUDOLPH PIERETTI MEMBER 2.00 X 0 0 0 TRICIA LYONS MEMBER 2.00 X 0 0 0 ANGELA MODESTO TREASURER 2.00 X X 0 0 0 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 5.00 40.00 X 0 154811 12706 0 154811 12706 0 0 1 0 0 GOV'T SUBSIDIZED RENTS 531110 750017 750017 LOW INCOME RENTS 531110 365332 365332 PROGRAM PARKING FEES 531110 3593 3593 1118942 5739 5739 9656 0 9656 9656 9656 LAUNDRY & VENDING 531390 8086 8086 MISCELLANEOUS REVENUE 531390 1005 1005 9091 1143428 1128033 0 15395 406942 366248 40694 26328 23696 2632 78277 70449 7828 30523 27471 3052 47820 9564 38256 22667 4277 18390 4484 1256 3228 7579 6821 758 212469 208220 4249 83966 82287 1679 325086 292578 32508 44874 42630 2244 REPAIRS AND MAINTENANCE 168431 165062 3369 SERVICE CONTRACTS 47862 43076 4786 MISCELLANEOUS 20932 18839 2093 PROGRAM SUPPLIES 3471 3471 1531711 1365945 165766 0 47760 49633 10036 16815 16815 5583 5783 13050600 7410871 5860677 5639729 420923 474087 6351758 6196083 131938 279918 31959 34217 2760500 2760500 1937811 2020181 4862208 5094816 X 1489550 1101267 1489550 1101267 6351758 6196083 -388283 0 X 0 1 X 1 1 1 X 7075 4198 1150 12423 1089026 1093211 1099341 1075228 1128033 5484839 12058 13239 25297 1108159 1110648 1099341 1076378 1128033 5522559 0 0 0 5522559 2550 4918 7583 10976 15395 41422 2550 4918 7583 10976 15395 41422 1110709 1115566 1106924 1087354 1143428 5563981 0.99260 0.99470 0.00740 0.00530 X 0 1 X 377655 377655 11751407 6719819 5031588 335802 323507 12295 585736 367545 218191 5639729 TENANT DEPOSITS HELD IN TRUST 34217 REPLACEMENT RESERVES 416127 RESIDUAL RECEIPTS ACCOUNT 19250 RIGHT-OF-USE ASSET - FINANCE LEASE 4493 474087 NON-INTEREST-BEARING ADVANCE FROM AFFILIATE 160095 ACCRUED INTEREST PAYABLE 1855171 FINANCE LEASE LIABILITY 4915 2020181 X 1143428 0 1143428 0 1143428 1531711 0 1531711 0 1531711 PART IV, LINE 2B: THE ORGANIZATION CHARGES ITS TENANTS A SECURITY DEPOSIT. THESE FUNDS ARE MAINTAINED IN A SEPARATE ACCOUNT AND ARE NOT AVAILABLE FOR THE GENERAL OPERATIONS OF THE PROJECT. PART X, LINE 2: THE ORGANIZATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF SEPTEMBER 30, 2024 AND 2023 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE ORGANIZATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF SEPTEMBER 30, 2024 AND 2023, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX PROVISIONS. 0 0 0 0 0 0 0 0 0 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 0 154811 0 0 0 0 0 0 0 12706 0 167517 0 0 SCHEDULE J, PART I, LINE 3 BROTHER RONALD GIANNONE IS THE EXECUTIVE DIRECTOR OF THE MINISTRY OF CARING, A RELATED ORGANIZATION. ANNUAL COMPENSATION IS APPROVED BY THE MINISTRY OF CARING BOARD OF DIRECTORS AND DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION A, LINE 3 AS INDICATED IN SCHEDULE R, THE ORGANIZATION ENGAGED THE MINISTRY OF CARING, INC., A RELATED PARTY, FOR CERTAIN MANAGEMENT AND ACCOUNTING SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE STAFF AND MADE AVAILABLE TO BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE INSTRUCTED ABOUT THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 A REVIEW IS CONDUCTED TO DETERMINE APPROPRIATENESS OF THE COMPENSATION BASED ON BUDGET AND COMPARABLE SALARY STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE MINISTRY OF CARING INC 115 E 14TH STREET WILMINGTON DE 19801 510209843 SERVES POOR, HOMELESS, AND DISADVANTAGED PEOPLE IN AND AROUND WILM, DE DE 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0