2025-06-16T20:54:36-05:00 2024-09-30 823207560 BURNS DRAEGER & HUMPHRIES LLC 25B HANOVER ROAD SUITE 150 FLORHAM PARK NJ 079321410 990 2023-10-01 222832510 THE RIESE ST GERARD HOUSING CORP RIES 9733890420 505 WEST BROADWAY PATERSON NJ 07522 JOSEPH A PUSKAS TREASURER 9734951077 2025-05-23 1 0 NEIL E BURNS CPA P00133451 9733770211 2025-05-23 X 2023 2025-03-06 01:10:19Z REV MARC A MANCINI 32 ST JAMES PLACE TOTOWA NJ 07512 407896 0 X N/A X 1986 NJ THE CORPORATION OWNS AND MANAGES A 31-UNIT SENIOR HOUSING PROJECT IN PATERSON, NJ. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. 13 13 2 13 0 0 0 0 386390 398150 4191 5249 1362 4497 391943 407896 0 0 0 0 121598 128592 0 0 0 305645 336730 427243 465322 -35300 -57426 1072543 1017670 31916 34469 1040627 983201 TO PROVIDE LOW-INCOME SENIOR CITIZEN HOUSING. THE RIESE ST GERARD HOUSING CORPORATION PROVIDES 30 RENTAL UNITS. 0 0 408513 402647 TO PROVIDE LOW INCOME SENIOR CITIZEN HOUSING. THE PROJECT HAS 30 UNITS. 408513 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 1 0 0 0 1 2 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 0 1 0 X OFFICER 9733890420 505 WEST BROADWAY PATERSON NJ 07522 X REV MARC A MANCINI PRESIDENT 10.00 X X 0 0 0 REV MSGR HERBERT K TILLYER DIRECTOR 1.00 X 0 0 0 DEACON JOSEPH A PUSKAS TREASURER 5.00 X X 0 0 0 JOSEPH DUFFY SECRETARY 1.00 X X 0 0 0 ANDREW F MCBRIDE III ESQ DIRECTOR 1.00 X 0 0 0 DEACON PETER CISTARO VICE PRESIDENT 1.00 X X 0 0 0 THOMAS BURNS DIRECTOR 1.00 X 0 0 0 DENNIS P BUTLER DIRECTOR 1.00 X 0 0 0 LYNN E GAFFNEY DIRECTOR 1.00 X 0 0 0 DEACON MARC MACKIN DIRECTOR 1.00 X 0 0 0 PATRICK MURRAY DIRECTOR 1.00 X 0 0 0 SR MAUREEN SHAUGHNESSY SC DIRECTOR 1.00 X 0 0 0 DEACON GREGORY J SZPUNAR DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME - SENIOR 531110 398150 398150 398150 5249 5249 MISCELLANEOUS INCOME 531110 3264 3264 LAUNDRY INCOME 531110 1233 1233 4497 407896 402647 0 5249 99446 99446 2251 2251 18416 18416 8479 8479 23126 23126 472 472 14500 14500 14535 4756 9779 8932 8932 187034 187034 67130 67130 21001 21001 465322 408513 56809 0 10344 12689 149519 155980 0 2449 0 1002 2788537 1942987 912680 845550 0 0 1072543 1017670 17255 6038 0 24 14661 28407 31916 34469 X 1040627 983201 1040627 983201 1072543 1017670 -57426 0 X 0 1 X 0 1 1 X 355566 372660 383760 386390 398150 1896526 355566 372660 383760 386390 398150 1896526 0 0 0 1896526 677 168 691 4191 5248 10975 677 168 691 4191 5248 10975 4239 1509 1555 1362 4498 13163 360482 374337 386006 391943 407896 1920664 0.98740 0.99110 0.00570 0.00330 X 196630 196630 2369360 1761941 607419 222547 181046 41501 845550 TENANT SECURITY DEPOSITS 10019 PAYROLL TAXES PAYABLE 750 OTHER TENANT DEPOSITS 564 ACCRUED EXPENSES 17074 28407 X 407896 0 407896 0 407896 465322 0 465322 0 465322 PART X, LINE 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THE PROJECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE PROJECT HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE PROJECT IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2023. FORM 990, PART VI, SECTION A, LINE 3 THE DAY TO DAY MANAGEMENT OF THE PROJECT HAS BEEN CONTRACTED TO RAYMOND P. MARZULLI COMPANY, INC., A PROFESSIONAL BUILDING MANAGMENT CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CORPORATION MAY BE ANY CITIZEN OF THE UNITED STATE OF MAJORITY AGE, INTERESTED IN THE EXTENSION OF THE OBJECTIVES OF THE CORPORATION, WHO HAS DULY EXECUTED AND FILED AN APPLICATION FOR MEMBERSHIP WHICH HAS BEEN APPROVED BY MAJORITY VOTE OF THE BOARD OF DIRECTORS, SHALL BE CONSIDERED A VOTING MEMBER OF THE GENERAL MEMBERSHIP OF THE CORPORATION. NO MEMBER SHALL HAVE THE RIGHT TO MORE THAN ONE VOTE ON ANY ISSUED, MOTION OR RESOLUTION AT ANY GENERAL, ANNUAL OR SPECIAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE APPOINTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DISTRIBUTIONS FROM THE REPAIRS AND REPLACEMENT RESERVE MUST BE APPROVED BY HUD. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER RECEIVE A HARD COPY OF THE FORM 990 AND REVIEW IT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15B MANAGING AGENT FEES PAID THE MANAGING AGENT ARE DETERMINED IN ACCORDANCE WITH HUD REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS AVAILABLE AT THE OFFICES OF THE ORGANIZATION AT 505 WEST BROADWAY, PATERSON, NJ THE RIESE CORPORATION 211 2OTH AVENUE PATERSON NJ 07501 221823795 PROVIDE SERVICES TO IMPROVE THE QUALITY OF LIFE OF LOW INCOME FAMILIES NJ 501(C)4 N/A 0 RIESE MADISON PARK INC 70 DEY STREET PATERSON NJ 07503 222125691 LOW INCOME HOUSING NJ 501(C)3 7 N/A 0 THE RIESE PROJECTS INC 211 2OTH AVENUE PATERSON NJ 07501 237311149 LOW INCOME HOUSING NJ 501(C)4 N/A 0 THE RIESE ST MARY'S CORPORATION 200 PENNINGTON AVENUE PATERSON NJ 07055 222299252 LOW INCOME HOUSING NJ 501(C)3 7 N/A 0 MARTIN DE PORRES VILLAGE INC 1 GREEN STREET PATERSON NJ 07051 222335549 LOW INCOME HOUSING NJ 501(C)3 7 N/A 0 RIESE EAST URBAN RENEWAL CORPORATION 225 20TH AVENUE PATERSON NJ 07501 854073771 LOW INCOME HOUSING NJ 501(C)4 N/A 0 RIESE WEST URBAN RENEWAL CORPORATION 195 20TH AVENUE PATERSON NJ 07051 871762348 LOW INCOME HOUSING NJ 501(C)4 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0