2025-01-15T12:15:54-06:00 2024-06-30 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990EZ 2023-07-01 232548784 BETHEL ROAD HOMES INC HUD PROJECT NO 034-EH383 BETH 6103285955 401 RUTGERS AVENUE SWARTHMORE PA 19081 YVONNE MCGINLEY CFO 6103285955 2025-01-15 1 1 REBEKUH ELEY P01247672 3126343400 2025-01-15 2023 2024-10-15 13:58:12Z X X NA X X 135560 X 133236 2324 135560 18375 70110 8570 97055 38505 -281755 0 -243250 X 96075 61415 278830 314816 658 658 375563 376889 657318 620139 -281755 -243250 X BETHEL ROAD HOMES, INC. (THE ORGANIZATION"), HUD PROJECT NO. 034-EH383 (THE "PROJECT") WAS FORMED AS A PENNSYLVANIA NONPROFIT CORPORATION ON DECEMBER 15, 1988. THE PROJECT, WHICH IS LOCATED IN DELAWARE COUNTY, CONSISTS OF THREE HOUSES (NINE UNITS) AND PROVIDES HOUSING FOR DISABLED PERSONS. THE PROJECT IS OPERATED UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS. THE ORGANIZATION RECEIVES A MATERIAL PORTION OF ITS REVENUE FROM THE FEDERAL GOVERNMENT UNDER A HUD SECTION 8 RENT SUBSIDY PROGRAM. THIS PROGRAM PROVIDES FOR DIRECT RENT SUBSIDY PAYMENTS TO THE ORGANIZATION ON BEHALF OF CERTAIN TENANTS WHO QUALIFY UNDER THE PROGRAM'S RULES. THE ORGANIZATION IS PART OF A CONTROLLED GROUP, WHICH ISSUES CONSOLIDATED FINANCIAL STATEMENTS AND INCLUDES THE ORGANIZATION AND CHILDREN AND ADULT DISABILITY AND EDUCATIONAL SERVICES. BETHEL ROAD HOMES, INC., CONSISTS OF THREE HUD HOUSES (NINE UNITS) AND PROVIDES HOUSING FOR DISABLED PERSONS. DURING THE YEAR, THE ORGANIZATION OPERATED AND MAINTAINED THE THREE HOMES, WHICH INCLUDE MAINTAINING LANDSCAPING, SERVICING AND REPAIRING HVAC SYSTEMS, PERFORMING PEST CONTROL, CLEANING, PAINTING, AND MAKING MINOR REPAIRS TO EQUIPMENT AROUND THE HOUSES, AND PAINTING. 0 70110 70110 JULIE K BROWN SECRETARY 1.00 0 0 0 ANDY MERZ DIRECTOR 1.00 0 0 0 JOANNE SHALLCROSS DIRECTOR 1.00 0 0 0 GEORGE C WHITFIELD JR DIRECTOR 1.00 0 0 0 RUVIM YADLOVSKY TREASURER 1.00 0 0 0 RICHARD J SCANLAN CHAIRPERSON 1.00 0 0 0 MICHAEL MASTRANGELO VICE CHAIRPERSON 1.00 0 0 0 PATRICIA WELSH VICE CHAIRPERSON 1.00 0 0 0 MARC LOVENWORTH DIRECTOR 1.00 0 0 0 MARY GENE WOODS DIRECTOR 1.00 0 0 0 JULIE ALLEMAN CEO 1.00 0 0 0 YVONNE MCGINLEY CFO 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 MICHAEL ANABUI 401 RUTGERS AVENUE SWARTHMORE PA 19081 6103285955 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 CHILDREN AND ADULT DISABILITY AND EDUCATIONAL SERVICES 231409677 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INTEREST INCOME. AMOUNT: 2,324. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: MANAGEMENT FEE. AMOUNT: 6,771. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,799. TOTAL TO FORM 990-EZ, LINE 16: 8,570. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 658. END OF YEAR AMOUNT: 658. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 590,200. END OF YEAR AMOUNT: 590,200. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 66,460. END OF YEAR AMOUNT: 29,281. DESCRIPTION: TENANT SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 658. END OF YEAR AMOUNT: 658. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.