2025-03-11T16:45:08-07:00 2024-12-31 990 2024-01-01 921991221 SAINT MARYS COMMUNITIES INC SAIN 3019418040 5101 RIVER ROAD 101 BETHESDA MD 20816 KEVIN WHITE President 2025-03-11 true 2024 2025-03-06 01:10:19Z KEVIN WHITE 5101 RIVER ROAD 101 BETHESDA MD 20816 759273 false X WWW.SAINTMARYSHOUSING.ORG X 2023 VA TO DEVELOP AND OPERATE AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME SENIOR CITIZENS IN THE WASHINGTON, DC REGION 5 5 0 0 757500 0 1773 0 759273 0 0 184523 0 0 111261 295784 463489 463489 0 463489 TO DEVELOP AND OPERATE AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME SENIOR CITIZENS IN THE WASHINGTON, DC REGION false false 229634 FIRST OPERATIONAL YEAR FOR COMPANY. COMPLETED RENOVATIONS OF MARYWOOD APARTMENTS AND EVALUATED POTENTIAL PROPERTY ACQUISITIONS. 229634 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 true false false false false false false false false false false false false false true false false false true 7 0 true 0 false false false false false false false 0 false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true false false ID VA X JOHN SPENCER 3019418040 5101 RIVER ROAD / 101 BETHESDA MD 20816 JOHN SPENCER Executive Dir. 24.00 0.00 X 159760 0 0 KEVIN WHITE President 5.00 1.00 X X 0 0 0 CHARLES WILSON Treasurer 1.00 0.50 X X 0 0 0 MICHAEL FONT Vice President 1.00 0.50 X X 0 0 0 REVEREND RICHARD GUEST Director 1.00 0.50 X 0 0 0 SCOTT KLINE Director 1.00 0.50 X 0 0 0 159760 1 false true false 0 757500 757500 0 1773 1773 0 0 0 0 0 0 0 0 759273 1773 X 0 0 0 0 159760 159760 0 0 0 0 24763 24763 54000 54000 2745 2745 4650 4650 0 0 0 0 610 610 1252 1252 750 750 0 0 0 0 0 0 0 0 1095 1095 BAD DEBTS 22396 22396 MISCELLANEOUS TAXES 8600 8600 CONTRIBUTIONS 7500 7500 MISCELLANEOUS ADMIN / TRAVEL 4174 4174 3489 3489 295784 229634 66150 0 463489 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 463489 0 0 X 463489 0 463489 0 463489 463489 X false false false X 757500 757500 0 0 757500 757500 0 757500 1773 1773 0 0 759273 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false JOHN SPENCER Executive Dir. 130800 28960 159760 Form 990, Part VI, Section B, Line 11b THE DRAFT TAX RETURN IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD REVIEWS THE TAX RETURN AND RESOLVES ANY QUESTIONS. THE BOARD SENDS APPROVAL TO THE TAX PREPARER TO FINALIZE THE RETURN WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES EACH DIRECTOR AND/OR OFFICER TO ANNUALLY DISCLOSE HIS/HER KNOWLEDGE AND UNDERSTANDING OF THE POLICY WHICH INCLUDES THE DUTY OF EACH OFFICER AND/OR OFFICER TO DISCLOSE TO THE BOARD OF DIRECTORS ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF DIRECTORS (EXCLUDING ANY MEMBER WHICH IS PARTY TO THE CONFLICT) IS RESPONSIBLE FOR REVIEWING THE POTENITAL CONFLICT AND MAKING THE DETERMINATION IF AN ACTUAL CONFLICT OF INTEREST EXISTS. THE BOARD OF DIRECTORS WILL REVIEW ALL THE FACTS AND CIRCUMSTANCES OF THE ACTUAL OR POTENTIAL CONFLICT TO DETERMINE IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS/WAS REASONABLY POSSIBLE AND IF NOT, DETERMINE THAT THE ARRANGEMENT IS IN THE BEST INTEREST OF THE ORGANIZATION, FOR ITS OWN BENEFIT AND IS FAIR AND REASONABLE. UPON KNOWLEDGE THAT A CONFLICT WAS NOT PROPERLY DISCLOSED TO THE BOARD OF DIRECTORS, APPROPRIATE CORRECTIVE AND DISCIPLINARY ACTIONS SHALL BE TAKEN. INDIVIDUALS PARTY TO ANY CONFLICT OF INTEREST SHALL BE PRECLUDED FROM VOTING ON ANY MATTERS ASSOCIATED WITH THE ARRANGEMENT OR TRANSACTION INVOLVING SUCH CONFLICT. Form 990, Part VI, Section B, Line 15a REVIEW OF INDUSTRY SALARY SURVEYS AND REVIEW OF 990S OF PEER ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11A MANAGEMENT EXPENSE: THE ORGANIZATION IS OBLIGATED UNDER THE TERMS OF AN ADMINISTRATIVE SERVICES AGREEMENT WITH QUANTUM REAL ESTATE MANAGEMENT, LLC, AN UNRELATED PARTY. THE ANNUAL ADMINISTRATIVE SERVICES FEE WAS $4,500 PER MONTH IN 2024,FOR AN ANNUAL TOTAL OF $54,000. SAINT MARYS HOUSING CORPORATION 5101 RIVER ROAD SUITE 101 BETHESDA MD 20815 510210514 RENTAL APARTMENTS FOR LOW-INCOME SENIORS VA 501(C)(4) SAINT MARYS COMMUNITIES INC false SECOND SAINT MARYS HOUSING CORPORATION 5101 RIVER ROAD SUITE 101 BETHESDA MD 20816 510220688 RENTAL APARTMENTS FOR LOW-INCOME SENIORS VA 501(C)(4) SAINT MARYS COMMUNITIES INC false false true false false false false false false false false false false false false false false false false false SECOND SAINT MARYS HOUSING CORPORATION b 7500 CASH