2025-06-16T23:08:44-05:00 2024-07-31 333709623 COHNREZNICK ADVISORY LLC 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2023-08-01 222652634 FIRST HOUSING CORPORATION FIRS 8605282885 1130 ALBANY AVENUE HARTFORD CT 06112 LINDA MARTIN PRESIDENT 8605285000 2025-06-16 1 1 JOLANTA TUCK P01340068 9592007000 2025-06-16 2023 2025-03-06 01:10:19Z CATHEDRAL MANOR LINDA MARTIN 50 FOUNDERS PLAZA SUITE 200 EAST HARTFORD CT 06108 1130283 0 X N/A X 1985 CT PROVIDE HOUSING TO LOW INCOME ELDERLY PERSONS. 7 7 5 7 0 0 0 0 1035401 1081709 289 482 48047 48092 1083737 1130283 0 0 0 0 146897 143199 0 0 0 875539 866604 1022436 1009803 61301 120480 1381453 1375435 3637948 3511450 -2256495 -2136015 TO PROVIDE AFFORDABLE HOUSING TO ELDERLY HOUSEHOLDS. 0 0 891919 1129801 PROVIDE AFFORDABLE HOUSING FACILITIES TO LOW INCOME ELDERLY HOUSEHOLDS. 891919 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 0 0 1 9 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 X KIMALEE WILLIAMSFAITH ASSET MANAGEMENT LLC 8605285000 50 FOUNDERS PLAZA SUITE 200 EAST HARTFORD CT 06108 X ERIC MARTIN DIRECTOR 0.50 X 0 0 0 IDA COLEMAN TREASURER 0.50 X X 0 0 0 LINDA MARTIN PRESIDENT 0.50 X X 0 0 0 LOUIS ROBERSON DIRECTOR 0.50 X 0 0 0 ODELL SAMPSON DIRECTOR 0.50 X 0 0 0 SARA GRANT DIRECTOR 0.50 X 0 0 0 SHIRLEY JACKSON SECRETARY 0.50 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 1081709 1081709 1081709 482 482 OTHER ELDERLY CARE/COO 531110 42351 42351 LAUNDRY & VENDING 531110 2799 2799 2942 2942 48092 1130283 1129801 0 482 138935 138935 4264 4264 68522 68522 49362 49362 280 280 43607 43607 155490 155490 140 140 180044 180044 35056 35056 113988 113988 REPAIRS & MAINTENANCE 208160 208160 BAD DEBTS 5532 5532 PAYROLL PROCESSING FEE 5173 5173 DUES & SUBSCRIPTIONS 1000 1000 250 250 1009803 891919 117884 0 63697 34030 572737 738733 28131 41962 278489 251502 5621120 5336293 313351 284827 101322 0 23726 24381 1381453 1375435 108793 177438 1149 5962 3496944 3297016 31062 31034 3637948 3511450 X -2256495 -2136015 -2256495 -2136015 1381453 1375435 120480 0 X 0 1 X 1 1 1 X 995767 1021572 1019504 1035401 1081709 5153953 995767 1021572 1019504 1035401 1081709 5153953 0 0 0 5153953 384 231 194 289 482 1580 384 231 194 289 482 1580 22463 32095 32381 48047 48092 183078 1018614 1053898 1052079 1083737 1130283 5338611 0.96540 0.96950 0.00030 0.00030 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY VENDING INCOME - 2019 AMOUNT: $ 1,472. 2020 AMOUNT: $ 1,588. 2021 AMOUNT: $ 3,084. 2022 AMOUNT: $ 4,077. 2023 AMOUNT: $ 2,799. OTHER REVENUE - 2019 AMOUNT: $ 20,991. 2020 AMOUNT: $ 30,507. 2021 AMOUNT: $ 29,297. 2022 AMOUNT: $ 43,970. 2023 AMOUNT: $ 45,293. REAL ESTATE TAX REFUND - RESIDENT SERVICE COORDINATOR FUNDING AND OTHER - SPECIAL CLAIMS - 0 245656 245656 5270920 5231749 39171 100044 100044 0 4500 4500 0 284827 OTHER LIABILITIES 31034 31034 X 1130283 0 1130283 0 1130283 1009803 0 1009803 0 1009803 PART X, LINE 2: THE ORGANIZATION IS TREATED AS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JULY 31, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JULY 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HIRES A PROPERTY MANAGEMENT AGENT TO ENSURE COMPLIANCE WITH HUD MONITORING REQUIREMENTS AND TO MANAGE THE DAILY OPERATIONS. THE MANAGEMENT AGENT REPORTS TO THE BOARD OF DIRECTORS. THE CONTRACT WITH THE MANAGEMENT AGENT IS REQUIRED TO BE APPROVED BY HUD. FORM 990, PART VI, SECTION A, LINE 8A THE BOARD DID NOT MAINTAIN FORMAL MINUTES OF MEETINGS DURING THE YEAR, NOTES OF MINUTES ARE MAINTAINED AND THE BOARD IS IN THE PROCESS OF FORMALIZING THEIR PROCESS REGARDING MINUTES. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD DID NOT MAINTAIN FORMAL MINUTES OF MEETINGS DURING THE YEAR, NOTES OF MINUTES ARE MAINTAINED AND THE BOARD IS IN THE PROCESS OF FORMALIZING THEIR PROCESS REGARDING MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE MANAGEMENT AGENT AND A MEMBER OF THE BOARD, COPIES ARE DISTRIBUTED TO ALL BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST.