2026-08-17T10:41:53-05:00 2025-09-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-10-01 300185120 SPRINGVALE TERRACE INC C/O SEABURY RESOURCES FOR AGING SPRI 2024146310 4201 BUTTERWORTH PLACE NW WASHINGTON DC 20016 DAWN QUATTLEBAUM CHIEF EXECUTIVE OFFICER 2024146310 2026-08-17 1 1 JOSEPH CONNOLLY P01959750 9143818900 2026-08-14 2024 2025-03-06 01:10:19Z DAWN QUATTLEBAUM 4201 BUTTERWORTH PLACE NW WASHINGTON DC 20016 0 0 X WWW.SEABURYRESOURCES.ORG/SPRINGVALETERRACE X 2003 MD TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 232 OF THE NATIONAL HOUSING ACT. 19 19 0 25 0 0 52792 0 306913 0 331 0 8611 0 368647 0 0 0 0 0 0 0 0 0 0 2461546 700741 2461546 700741 -2092899 -700741 3901597 3682302 11835777 12317223 -7934180 -8634921 X TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 232 OF THE NATIONAL HOUSING ACT. 0 1 654589 0 0 SPRINGVALE TERRACE, INC. WAS ORGANIZED ON APRIL 23, 2003 UNDER THE PROVISIONS OF THE STATE OF MARYLAND FOR THE PURPOSE OF PURCHASING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY. THE ORGANIZATION WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 232 OF THE NATIONAL AFFORDABLE HOUSING ACT AND CONSISTS OF 146 UNITS. IN ADDITION TO THE RENTAL HOUSING OPERATIONS, THE ENTITY OPERATES CARE SERVICES PROGRAMS FOR AN ADDITIONAL FEE THAT INCLUDE CONGREGATE HOUSING SERVICES CERTIFIED BY THE MARYLAND DEPARTMENT OF AGING AND ASSISTED LIVING SERVICES LICENSED BY THE MARYLAND DEPARTMENT OF HEALTH AND MENTAL HYGIENE. FROM APRIL 2024, THE ORGANIZATION STOPPED LEASING UNITS TO TENANTS. IN 2025 THE ORGANIZATION NO LONGER OPERATED AS AN AFFORDABLE HOUSING FACILITY AND IS IN THE PROCESS OF TERMINATING TO A LOW INCOME HOUSING TAX CREDIT PARTNERSHIP. 654589 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 X SEABURY RESOURCES FOR AGING 2022895690 555 WATER ST SW WASHINGTON DC 20024 CRAIG MCCULLOUGH PRESIDENT 0.10 1.10 X X 0 0 0 MARCUS BRAXTON VICE PRESIDENT 0.10 1.10 X X 0 0 0 KEVIN WHITLEY TRESURER 0.10 1.10 X X 0 0 0 LECIA IMBERY SECRETARY 0.10 1.10 X X 0 0 0 MICHAEL BOCHNOVIC DIRECTOR 0.10 1.10 X 0 0 0 MARTI BROWN BAILEY DIRECTOR THRU 6/2025 0.10 1.10 X 0 0 0 MICHAEL COLLINS DIRECTOR 0.10 1.10 X 0 0 0 CHRIS GARDNER DIRECTOR THRU 10/2025 0.10 1.10 X 0 0 0 KIMBALL GRIFFITH DIRECTOR 0.10 1.10 X 0 0 0 JOSEPH HOWELL DIRECTOR THRU 6/2025 0.10 1.10 X 0 0 0 WAHEED HASSAN DIRECTOR 0.10 1.10 X 0 0 0 NIKHIL KUMTHA DIRECTOR 0.10 1.10 X 0 0 0 KIMBERLY MIKEC DIRECTOR THRU 8/2025 0.10 1.10 X 0 0 0 RT REV MARIANN EDGAR BUDDE DIRECTOR 0.10 1.10 X 0 0 0 MONTE MONASH DIRECTOR 0.10 1.10 X 0 0 0 NICK NICHOLSON DIRECTOR 0.10 1.10 X 0 0 0 MICHELLE RHODD DIRECTOR 0.10 1.10 X 0 0 0 MEGAN ROBERTSON ESQ DIRECTOR 0.10 1.10 X 0 0 0 SHARON SELLERS DIRECTOR 0.10 1.10 X 0 0 0 DAVID SHEPARD DIRECTOR 0.10 1.10 X 0 0 0 ELISSA SILVERMAN DIRECTOR 0.10 1.10 X 0 0 0 DIANA A SALADINI MA DIRECTOR THRU 12/2025 0.10 1.10 X 0 0 0 SOHAER RIZVI SYED DIRECTOR 0.10 1.10 X 0 0 0 SUSAN SPURLARK ESQ DIRECTOR THRU 6/2025 0.10 1.10 X 0 0 0 SUZANNE K WELCH ESQ DIRECTOR 0.10 1.10 X 0 0 0 DAWN QUATTLEBAUM CEO 10.00 40.00 X 0 201638 23662 REGINALD RAY COO 5.00 40.00 X 0 114887 0 BELINDA DAVIS MANAGING DIRECTOR OF FINANCE 10.00 40.00 X 0 148270 13824 0 464795 37486 0 0 1 0 0 0 0 0 0 26291 26291 13808 13808 6053 6053 92445 92445 119229 119229 223218 223218 REPAIRS AND MAINTENANCE 219697 219697 700741 654589 46152 0 506 506 357492 357492 14369927 11047012 3543599 3322915 0 1389 3901597 3682302 336342 660205 16085 16085 6224919 6227453 5258431 5413480 11835777 12317223 X -7934180 -8634921 -7934180 -8634921 3901597 3682302 -700741 0 X 0 0 0 X 296338 191431 144379 52792 0 684940 2673115 2767104 1842176 306913 0 7589308 116769 44248 83694 8611 0 253322 3086222 3002783 2070249 368316 8527570 0 0 0 8527570 2123 9566 5806 331 0 17826 2123 9566 5806 331 17826 232867 232867 3321212 3012349 2076055 368647 8778263 0.97140 0.95440 0.00200 0.00210 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FORGIVENESS OF DEBT - 2020 AMOUNT: $ 232,867. 0 1 X 175000 175000 12808527 9867517 2941010 1386400 1179495 206905 3322915 DUE TO SEABURY RESOURCES FOR AGING 5413480 5413480 PART IV, LINE 2B: AS LESSOR OF RESIDENTIAL RENTAL PROPERTY, THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS ON BEHALF OF RESIDENTS IN A SEPARATE ESCROW ACCOUNT. 0 0 0 0 0 0 0 0 0 DAWN QUATTLEBAUM CEO 0 195638 0 6000 0 0 0 14000 0 9662 0 225300 0 0 BELINDA DAVIS MANAGING DIRECTOR OF FINANCE 0 143740 0 4530 0 0 0 7318 0 6506 0 162094 0 0 PART I, LINE 3 THE CEO OF THE ORGANIZATION IS COMPENSATED BY A RELATED PARTY, SEABURY RESOURCES FOR AGING, THE FOLLOWING IS THEIR COMPENSATION POLICY. IT IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND APPROVED BY THEM. FORM 990, PART III, LINE 3 THE ORGANIZATION NO LONGER OPERATED AS AN AFFORDABLE HOUSING FACILITY IN 2025. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS SEABURY RESOURCES FOR AGING. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE MEMBER HAS THE AUTHORITY TO ELECT MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S BYLAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BYLAWS MAY BE ADOPTED ONLY BY ACTION OF SEABURY RESOURCES FOR AGING. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEE WAS APPOINTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS PROVIDED WITH A COPY OF THE FORM 990 AFTER FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, STAFF MEMBERS, AND VOLUNTEERS OF SEABURY RESOURCES FOR AGING AND ITS SUBSIDIARIES ("SEABURY"). EVERY OFFICER AND STAFF MEMBER IS EXPECTED TO AVOID SITUATIONS OR ACTIVITIES THAT COULD INTERFERE WITH HIS OR HER UNENCUMBERED EXERCISE OF JUDGMENT IN THE BEST INTERESTS OF SEABURY. IT IS THE RESPONSIBILITY OF EACH BOARD MEMBER, STAFF, CONTRACTOR OR VOLUNTEER TO DISCLOSE ANYTHING THAT MAY HAVE THE POTENTIAL FOR CONFLICT OF INTEREST. DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHOULD BE MADE TO THE CHIEF EXECUTIVE OFFICER OF SEABURY RESOURCES FOR AGING, WHO SHALL REPORT THE INFORMATION TO THE BOARD OF DIRECTORS. IF A POTENTIAL CONFLICT IS DISCLOSED, THE INDIVIDUAL(S) SHALL REFRAIN FROM PARTICIPATION IN THE IDENTIFIED ACTIVITY UNTIL THE DISCLOSURE IS REVIEWED AND THE MATTER IS RESOLVED. ALL DISCLOSURES SHALL BE DOCUMENTED ON A DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST FORM, AND COPIES OF THE DOCUMENTATION WILL REMAIN IN SEABURY'S EMPLOYMENT RECORDS AND BOARD FILES. THIS SEABURY POLICY STATEMENT AND RELATED DISCLOSURE FORM WILL BE DISTRIBUTED TO BOARD MEMBERS AND STAFF MEMBERS OF SEABURY ON AN ANNUAL BASIS. BOARD AND STAFF MEMBERS ARE REQUESTED TO RETURN A SIGNED DISCLOSURE FORM TO THE CHIEF EXECUTIVE OFFICER AND KEEP A SECOND COPY FOR THEIR RECORDS. 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. SEABURY RESOURCES FOR AGING 4201 BUTTERWORTH PLACE NW WASHINGTON DC 20016 530204693 PROVIDING AFFORDABLE HOUSING OPTIONS FOR SENIORS IN THE GREATER DC AREA DC 501(C)(3) LINE 7 N/A 0 EPISCOPAL CHURCH HOMEFRIENDSHIPINC 4201 BUTTERWORTH PLACE NW WASHINGTON DC 20016 520907224 PROVIDING AFFORDABLE HOUSING AND SERVICE OPTIONS. DC 501(C)(3) LINE 10 SEABURY RESOURCES FOR AGING 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0