2025-10-28T11:12:12-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-01-01 562477473 ELM COURT II INC ELMC 6099243822 ONE MONUMENT DRIVE PRINCETON NJ 08540 EDWARD TRUSCELLI EXECUTIVE DIRECTOR 6099243822 2025-10-28 1 1 JOLANTA TUCK P01340068 2122970400 2025-10-23 2024 2025-03-06 01:10:19Z HARRIET BRYAN HOUSE EDWARD TRUSCELLI ONE MONUMENT DRIVE PRINCETON NJ 08540 772263 0 X WWW.PRINCETONCOMMUNITYHOUSING.ORG X 2007 NJ PROVIDE QUALITY HOMES IN A WELCOMING, DIVERSE COMMUNITY FOR SENIORS WHOSE INCOMES ARE LESS THAN 30% OF THE COUNTY MEDIAN. 16 16 0 16 0 0 0 0 769900 771253 197 114 542 896 770639 772263 0 0 0 0 0 0 0 0 0 1193789 1239679 1193789 1239679 -423150 -467416 5188993 4712125 1243883 1234431 3945110 3477694 X PROVIDE SENIORS WITH QUALITY HOMES IN A WELCOMING AND DIVERSE COMMUNITY OFFER SOCIAL AND SUPPORTIVE OPPORTUNITIES AND ENSURE ACCESS TO THE PRINCETON COMMUNITY FOR OUR RESIDENTS, ALL OF WHOM HAVE INCOMES BELOW 30% OF THE COUNTY MEDIAN INCOME. 0 0 1107049 772149 ELM COURT II, INC OWNS 67 ONE-BEDROOM APARTMENTS AND OPERATES UNDER THE HUD SECTION 202 PROGRAM WITH A PROJECT RENTAL ASSISTANCE CONTRACT THIS ALLOWS US TO SET RENTS AT NO MORE THAN 30% OF EACH RESIDENT'S ADJUSTED GROSS INCOME PCH DEVELOPMENT CORP, A 501(C)3 ENTITY, MANAGES THE BUILDING AND OPERATIONS A LICENSED SOCIAL WORKER IS ON SITE TO ASSIST RESIDENTS WITH REFERRALS TO COMMUNITY RESOURCES AND STATE-SPONSORED PROGRAMS FREE BUS SERVICE TO PRINCETON'S SHOPPING AREAS, LIBRARY, AND SENIOR RESOURCE CENTER OPERATES SIX DAYS A WEEK, AND WE ALSO PROVIDE WEEKLY SHUTILE SERVICE TO REGIONAL SHOPPING AREAS WE MAKE PODIATRY CARE AVAILABLE ON A REGULAR SCHEDULE WE STRIVE TO BUILD A STRONG COMMUNITY FOR OUR RESIDENTS, LINKING THEM TO THE SENIORS IN NEIGHBORING ELM COURT AND EMPOWERING THEM TO LEAD MEANINGFUL LIVES A RESIDENTS' ASSOCIATION MEETS REGULARLY WITH STAFF AND SPONSORS A NEWSLETIER AND REGULAR COMMUNITY GATHERINGS RESIDENTS PARTICIPATE IN ACTIVITIES SUCH AS CHAIR EXERCISE AND ART LESSONS, HEALTH INFORMATION LECTURES, AND TED TALK DISCUSSION GROUPS COMMUNITY LOUNGES ENABLE CONCERTS AND HOLIDAY CELEBRATIONS THE COMMUNITY GARDEN, CREATED BY VOLUNTEERS AND LOCAL DONORS, HAS BECOME A HIGHLIGHT OF ELM COURT II LIFE RESIDENTS GROW FRUITS, VEGETABLES, AND FLOWERS THREE SEASONS OF THE YEAR IN THE MORE THAN 50 PLOTS-SOME DESIGNED WITH RAISED OR WHEELCHAIR-ACCESSIBLE BEDS. ELM COURT II PARTICIPATES IN THE NJ DEPARTMENT OF HUMAN SERVICES CONGREGATE HOUSING SERVICES PROGRAM RESIDENTS WITH FINANCIAL AND PERSONAL NEED MAKE CO-PAYMENTS ON A SLIDING SCALE, AND RECEIVE DAILY HOT LUNCHES, LIGHT HOUSEKEEPING AND PERSONAL CARE FROM CERTIFIED HOME HEALTH AIDES. 1107049 1 0 0 0 0 0 1 0 1 0 1 0 0 0 1 1 1 1 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X ALICIA DEFREITAS CO PCH DEVELOPMENT CORPORATION 6099243822 ONE MONUMENT DRIVE PRINCETON NJ 08540 ABREAH SANTIAGO BOARD MEMBER 1.00 7.00 X 0 0 0 ALICE K SMALL PRESIDENT 1.00 7.00 X X 0 0 0 C VANLEER DAVIS BOARD MEMBER 1.00 7.00 X 0 0 0 CHAD KLAUS BOARD MEMBER 1.00 7.00 X 0 0 0 DANIELA BONAFEDE-CHHABRA BOARD MEMBER 1.00 7.00 X 0 0 0 ELIZABETH HOCK BOARD MEMBER 1.00 7.00 X 0 0 0 JAMES DEMETRIADES BOARD MEMBER 1.00 7.00 X 0 0 0 JOHN W GILMORE BOARD MEMBER 1.00 7.00 X 0 0 0 KATHLEEN K FAREWELL VICE PRESIDENT 1.00 7.00 X X 0 0 0 MARGARET GRIFFIN BOARD MEMBER 1.00 7.00 X 0 0 0 NICOLE SHELTON BOARD MEMBER 1.00 7.00 X 0 0 0 RICHARD GITTLEMAN BOARD MEMBER 1.00 7.00 X 0 0 0 ROBERT FERNHOLZ SECRETARY 1.00 7.00 X X 0 0 0 SONIA CHADHA BOARD MEMBER 1.00 7.00 X 0 0 0 TONY CAPOZZOLI TREASURER 1.00 7.00 X X 0 0 0 VALERIE HAYNES BOARD MEMBER 1.00 7.00 X 0 0 0 ALICIA DEFREITAS FINANCE DIRECTOR 1.00 39.00 X 0 93448 13860 EDWARD TRUSCELLI EXECUTIVE DIRECTOR 1.00 39.00 X 0 176328 40905 JANET MCCLAFFERTY OUTGOING FINANCE DIRECTOR 1.00 39.00 X 0 110929 17103 0 380705 71868 0 0 1 0 0 RENTAL ASSISTANCE 531110 494141 494141 RENTAL INCOME 531110 277112 277112 771253 114 114 LAUNDRY AND VENDING 531110 780 780 TENANT CHARGES 531390 80 80 36 36 896 772263 772149 0 114 X 56760 56760 18094 18094 243521 205433 38088 25882 6194 19688 493245 493245 1799 1799 399993 399993 385 385 1239679 1107049 132630 0 11359 15524 8477 17491 27185 32508 11507505 7064488 4843010 4443017 298962 203585 5188993 4712125 219332 211943 3719 654 19718 20206 984900 984900 16214 16728 1243883 1234431 X 3945110 3477694 3945110 3477694 5188993 4712125 -467416 0 X 0 1 X 1 1 1 X 20000 20000 660841 701370 724561 769900 771253 3627925 660841 721370 724561 769900 771253 3647925 0 0 0 3647925 1245 1553 341 197 114 3450 1245 1553 341 197 114 3450 625 542 896 2063 662711 722923 724902 770639 772263 3653438 0.99850 0.99810 0.00090 0.00150 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 625. 2023 AMOUNT: $ 542. 2024 AMOUNT: $ 896. X 1 0 0 1 X 282500 282500 11112944 6952427 4160517 112061 112061 0 4443017 OTHER LIABILITIES 16728 16728 X 772263 0 772263 0 772263 1239679 0 1239679 0 1239679 PART II, LINE 9: INCLUDED IN LAND VALUE PART II, LINE 9 THE CONSERVATION EASEMENT IS ACCOUNTED FOR IN THE LAND VALUE ON THE BALANCE SHEET THERE IS NO EFFECT ON THE ORGANIZATION'S REVENUE AND EXPENSE STATEMENTS FOR THE CONSERVATION EASEMENT. PART IV, LINE 2B: THE PROJECT HOLDS TENANT SECURITY DEPOSITS IN TRUST, IN THE NAMES OF THE INDIVIDUAL TENANTS. PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 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 INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. 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. INFORMATIONAL RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 EDWARD TRUSCELLI EXECUTIVE DIRECTOR 0 176328 0 0 0 0 0 7393 0 33512 0 217233 0 0 PART I, LINE 3 COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION - PCH DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION A, LINE 3 OVERSIGHT OF MANAGEMENT FUNCTIONS FOR THE CORPORATION ARE PERFORMED BY PCH DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS EMAILED TO BOARD MEMBERS BEFORE THE 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND THE KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST OF THE ORGANIZATION AND VIA WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS DESCRIBED ARE AVAILABLE UPON REQUEST OF THE ORGANIZATION. FORM 990, PART IX, LINE 11G MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 205,433. MANAGEMENT AND GENERAL EXPENSES 38,088. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 243,521. FORM 990, PG 6, SEC B QUESTIONS 15A AND 15B: THESE QUESTIONS ARE ANSWERED NO IN ACCORDANCE WITH IRS FORM 990 INSTRUCTIONS. THE RELATED ORGANIZATION, WHICH PAID OFFICER COMPENSATION, USED A PROCESS FOR DETERMINING COMPENSATION THAT INCLUDED 1) REVIEW AND APPROVAL BY A GOVERNING BOARD OR COMMITTEE COMPRISED OF PERSONS WITH NO CONFLICT OF INTEREST, 2) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. ELM COURT INC ONE MONUMNET DRIVE PRINCETON NJ 08540 208984541 VERY LOW INCOME HOUSING NJ 501(C)(3) LINE 10 PRINCETON COMMUNITY HOUSING 0 GRIGGS FARM INC ONE MONUMNET DRIVE PRINCETON NJ 08540 208198080 LOW INCOME HOUSING NJ 501(C)(3) LINE 10 PRINCETON COMMUNITY HOUSING 0 PCH DEVELOPMENT CORPORATION ONE MONUMNET DRIVE PRINCETON NJ 08540 222876697 MANAGEMENT COMPANY FOR LOW AND MODERATE INCOME HOUSING PROJECTS NJ 501(C)(3) LINE 10 PRINCETON COMMUNITY HOUSING 0 PCH HOMES INC ONE MONUMNET DRIVE PRINCETON NJ 08540 274444170 LOW AND MODERATE INCOME HOUSING INCOME HOUSING NJ 501(C)(3) LINE 10 PRINCETON COMMUNITY HOUSING 0 PCH VILLAGE INC ONE MONUMNET DRIVE PRINCETON NJ 08540 222085939 LOW AND MODERATE INCOME HOUSING NJ 501(C)(3) LINE 10 PRINCETON COMMUNITY HOUSING 0 PCV GROUP INC ONE MONUMNET DRIVE PRINCETON NJ 08540 222820022 LOW AND MODERATE INCOME HOUSING INCOME HOUSING NJ 501(C)(3) LINE 10 PRINCETON COMMUNITY HOUSING 0 PRINCETON COMMUNITY HOUSING INC ONE MONUMNET DRIVE PRINCETON NJ 08540 133026182 RAISE FUNDS & PROVIDE ASSISTANCE TO LOW AND MODERATE INCOME HOUSING PROJECTS NJ 501(C)(3) LINE 7 N/A 0 PRINCETON COMMUNITY VILLAGE ASSOCIATES LP ONE MONUMENT DRIVE PRINCETON NJ 08540 222578601 LOW AND MODERATE INCOME HOUSING NJ N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0