2025-11-12T08:28:54-08:00 2025-06-30 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2024-07-01 311501903 WESTMINSTERHOOPES RESIDENCE CORP WEST 2153861808 3827 POWELTON AVENUE PHILADELPHIA PA 19104 JEANICE M SALTER CHIEF EXECUTIVE OFFICER 2153861808 2025-10-08 true true DUSTIN B WARD CPA MBA P01589702 8562731282 2024 2025-03-06 01:10:19Z CO ORGANIZATION 3827 POWELTON AVENUE PHILADELPHIA PA 19104 55888 false X N/A X 1997 PA PROVIDE LOW INCOME HOUSING PROVIDES FOUR TOWNHOUSES SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 6 6 0 5 0 0 0 66400 55882 3 6 0 66403 55888 0 0 1925 3718 0 0 85517 91373 87442 95091 -21039 -39203 457553 434166 704020 719836 -246467 -285670 PROVIDE LOW INCOME HOUSING PROVIDES FOUR TOWNHOUSES SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. false false 95091 0 55882 PROVIDES FOUR TOWNHOUSES SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 95091 true false false false false false false false false false true false false true true true 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 false false false false false false true 0 0 0 true false false false false false false false false false false false false false X 6 6 false false false false false false false true false false false true false false false false false false X MERCY DOUGLASS AFFILIATE 2153861808 3827 POWELTON AVENUE PHILADELPHIA PA 19104 X DEANNA I MCMILLAN PHD PRESIDENT 2.00 X X 0 0 0 RANDY M BARNES TREASURER 2.00 X X 0 0 0 JEAN KENDRICK SECRETARY 2.00 X X 0 0 0 JEANICE M SALTER MEMBER 2.00 X 0 0 0 JOHN LINGHAM MEMBER 2.00 X 0 0 0 SHEILA HOWARD MEMBER 2.00 X 0 0 0 false false false RENTAL INCOME 532000 14051 0 0 TENANT ASSISTANCE PAYMENTS 532000 41831 0 0 55882 6 0 6 55888 55882 0 6 2100 2100 0 0 1618 1618 0 0 2124 2124 0 0 9364 9364 0 0 3411 3411 0 0 37119 37119 0 0 7948 7948 0 0 CONTRACTS 13696 13696 0 0 NET ENTITY EXP 11576 11576 0 0 UTILITIES 3561 3561 0 0 SUPPLIES 2388 2388 0 0 186 186 0 0 95091 95091 0 0 2441 21520 10481 14851 1236 1343 993525 610135 409875 383390 33520 13062 457553 434166 14161 30423 688013 688013 1846 1400 704020 719836 X -246467 -285670 -246467 -285670 457553 434166 -39203 X false true X true false X 0 45710 54491 54510 51952 41831 248494 0 0 45710 54491 54510 51952 41831 248494 0 248494 13 5 4 3 6 31 0 0 248525 105984 0.99990 0.99990 X 0 0 0 0 15000 15000 882136 534431 347705 864 498 366 95525 75206 20319 383390 TENANT DEPOSITS HELD IN TRUST 1400 REPLACEMENT RESERVE 10662 RESIDUAL RECEIPT RESERVE 1000 13062 TENANT DEPOSITS HELD IN TRUST 1400 1400 X 55888 55888 55888 95091 95091 95091 Pt X, Line 2 THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE PROJECT QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED. THE PROJECT HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. FOR FEDERAL INCOME TAX PURPOSES, THE RETURNS REMAIN OPEN FOR POSSIBLE EXAMINATION THREE YEARS AFTER THEY ARE FILED. THE PROJECTS POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN OTHER EXPENSE IN THE STATEMENT OF ACTIVITIES. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEAR ENDED JUNE 30, 2025. Pt VI, Line 8b THE ORGANIZATIONS BOARD OF DIRECTORS MEET REGULARLY AND TAKE MINUTES OF ALL MEETINGS. THERE ARE NO COMMITTEES. Pt VI, Line 11b HE ORGANIZATIONS BOARD OF DIRECTORS, ACCOUNTANT, AND PROPERTY MANAGER REVIEW THE 990 TOGETHER TO VERIFY THE AMOUNTS REPORTED AGREE WITH THE ORGANIZATIONS AUDITED FINANCIAL STATEMENTS FOR THE YEAR AND ALL QUESTIONS ARE ANSWERED ACCURATELY. Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC IN THE ORGANIZATIONS OFFICE UPON REQUEST.