2025-07-30T10:10:04-05:00 2023-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2023-01-01 222158413 SPARTA ECUMENICAL COUNCIL ON SENIOR CITIZEN HOUSING SPAR 9737294311 39 TRAPASSO DRIVE SPARTA NJ 07871 FRANCESCA MCKERNAN EXECUTIVE DIRECTOR 9737294311 2025-07-28 1 0 ANTHONY RISPOLI P02467381 9733281825 2025-06-12 2023 2025-03-06 01:10:19Z X FRANCESCA MCKERNAN 39 TRAPASSO DRIVE SPARTA NJ 07871 3996037 0 X N/A X 1978 NJ PROVIDES HOUSING FOR INDEPENDENT SENIORS AGE 62+ WHO QUALIFY AS LOW-INCOME INDIVIDUALS OR FAMILIES. 11 11 16 0 0 0 0 81749 2454404 2512072 141870 6265 105691 64346 2701965 2664432 0 0 0 0 1185585 1177486 0 0 0 1628985 1922746 2814570 3100232 -112605 -435800 6126511 5997471 203424 209853 5923087 5787618 X THE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, OPERATE, AND/OR MANAGE A SENIOR CITIZEN HOUSING COMPLEX WHICH IS DESIGNATED FOR THE PRIMARY PURPOSE OF PROVIDING DECENT, SAFE HOUSING TO LOW AND MODERATELY LOW-INCOME SENIORS. IN ADDITION, THE BOARD IS DEDICATED TO PROVIDING RELATED SERVICES SUCH AS ADMINISTRATIVE, COMMUNITY, HEALTH, RECREATIONAL, AND EDUCATIONAL THAT ASSISTS OUR RESIDENTS TO AGE IN A PLACE WITH DIGNITY, INDEPENDENCE, AND SECURITY. 0 0 2597254 2576418 OPERATED A 150-UNIT SENIOR CITIZEN HOUSING COMPLEX KNOWN AS KNOLL HEIGHTS VILLAGE, WHICH CONSISTS OF 38 ONE-STORY TENANT OCCUPIED BUILDINGS, ONE OFFICE BUILDING, AND ONE COMMUNITY BUILDING LOCATED IN SPARTA, NEW JERSEY. THE CORPORATION'S FACILITIES OPERATE UNDER SECTION 8 OF THE NATIONAL HOUSING ACT AND ARE REGULATED BY THE NEW JERSEY HOUSING AND MORTGAGE FINANCE AGENCY AS TO RENTAL CHARGES, OPERATING EXPENSES, DISTRIBUTIONS TO OWNERS, AND OPERATING METHODS ALSO, PROVIDED CONGREGATE SERVICES (HOUSEKEEPING, MEALS, LAUNDRY, AND PERSONAL ASSISTANCE) TO OVER 75 INDIVIDUALS AND PROVIDED THERAPEUTIC RECREATIONAL SERVICES ON A CONSISTENT BASIS. 2597254 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 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 0 0 16 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 9737294311 39 TRAPASSO DRIVE SPARTA NJ 07871 MATT HANNUM TREASURER 2.00 X X 0 0 0 DOLORES GRACE TRUSTEE 2.00 X 0 0 0 JAY DUNN TRUSTEE 2.00 X 0 0 0 SHERRY DEFEO PRESIDENT 2.00 X X 0 0 0 REV ALDEN WELCH TRUSTEE 2.00 X 0 0 0 ROBERT CANGEMI TRUSTEE 2.00 X 0 0 0 MARIANNE DILWORTH VICE PRESIDENT 2.00 X X 0 0 0 DAVID LATORRE SECRETARY 2.00 X X 0 0 0 MARIA NELSON TRUSTEE 2.00 X 0 0 0 EDWARD MADZY TRUSTEE 2.00 X 0 0 0 RAY MANNING DIRECTOR OF OPERATIONS 2.00 X X 0 0 0 FRANCESCA MCKERNAN EXECUTIVE DIRECTOR 40.00 X 157536 0 17822 157536 0 17822 1 0 1 0 0 81749 81749 APARTMENT RENT 531110 2512072 2512072 2512072 153191 153191 1184679 1331605 -146926 -146926 -146926 OTHER INCOME 531390 64346 64346 64346 2664432 2576418 0 6265 175357 115735 59622 791535 521102 270433 16943 11147 5796 117751 77541 40210 75900 49989 25911 229 229 9396 9396 119385 119385 8095 8095 48949 48949 4333 4333 427058 427058 718537 718537 206358 206358 92083 86558 5525 REPAIRS AND MAINTENANCE 263844 263844 TELEPHONE 24479 24479 3100232 2597254 502978 0 907 562 306982 203232 2004 21358 36407 57643 10505468 8663230 2048596 1842238 3620884 3778166 110731 94272 6126511 5997471 132184 137045 71240 72808 203424 209853 X 5923087 5787618 5923087 5787618 6126511 5997471 -435800 300331 0 X X 0 1 X 1 0 X 81749 81749 2208210 2341823 2360328 2454404 2512072 11876837 2208210 2341823 2360328 2454404 2593821 11958586 0 0 0 11958586 143977 66016 161610 143979 153191 668773 143977 66016 161610 143979 153191 668773 126723 82474 75942 105691 64346 455176 2478910 2490313 2597880 2704074 2811358 13082535 0.91410 0.90500 0.05110 0.05190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 31121 3551 34672 30948 173 31121 32654 -1706 30948 35699 -3045 32654 33913 1786 35699 1.00000 0.00000 0.00000 0 0 550686 550686 9381267 8176704 1204563 494182 423869 70313 79333 62657 16676 1842238 X 2964763 300331 300331 2664432 0 2664432 3100232 0 3100232 0 3100232 PART IV, LINE 2B: UNDER THE TERMS OF THE TENANTS' LEASE AGREEMENTS, EACH TENANT IS REQUIRED TO MAKE A SECURITY DEPOSIT EQUAL TO APPROXIMATELY ONE MONTH'S RENT. THE AMOUNTS ARE RETAINED UNTIL THE TENANT VACATES, AT WHICH TIME SUCH DEPOSITS ARE RETURNED TO THE TENANT LESS DEDUCTIONS FOR DAMAGES. PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY, CORPORATIONS AND ORGANIZATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR EDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE CCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE ORGANIZATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022. HOWEVER, THE ORGANIZATION IS SUBJECT TO AUDIT BY TAX AUTHORITIES, INCLUDING A REVIEW OF ITS NONPROFIT STATUS WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FROM THE LATEST FILING DATE FOR FEDERAL AND FOR NEW JERSEY. 0 0 0 0 0 0 0 0 0 FRANCESCA MCKERNAN EXECUTIVE DIRECTOR 157536 0 0 0 0 0 9061 0 8761 0 175358 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CORPORATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATION'S BOARD FOR REVIEW AND ANY COMMENTS PRIOR TO ITS SUBMISSION. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C SPARTA ECUMENICAL COUNCIL ON SENIOR CITIZEN HOUSING, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 SALARY SURVEYS ARE CONDUCTED EACH YEAR WITH COMPARABLE AGENCIES. THIS REPORT IS REVIEWED BY THE BOARD PRIOR TO SETTING ANNUAL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT 39 TRAPASSO DRIVE, SPARTA, NJ 07871. FORM 990 PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, BOX B, AMENDED RETURN THE 2023 990 RETURN IS BEING AMENDED DUE TO A CHANGE IN THEIR FINANCIAL STATEMENTS. THEREFORE, THE FOLLOWING FORMS HAVE CHANGES: 990 PARTS I, III, IV, V, VI, VII, VIII, IX, X, XI; SCHEDULE A PART III; SCHEDULE D PARTS VI, IX, XI, XII, AND XIII. KNOLL VIEW CORPORATION 39 TRAPASSO DRIVE SPARTA NJ 07871 223136966 PROVIDES SUBSIDIZED HOUSING FOR SENIORS NJ 501(C)(3) LINE 10 N/A 0 KNOLL SHARED HOUSING INC 39 TRAPASSO DRIVE SPARTA NJ 07871 203581816 PROVIDES SUBSIDIZED HOUSING FOR SENIORS NJ 501(C)(3) LINE 10 N/A 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 KNOLL VIEW CORP R 718537 FMV