2026-09-13T11:30:47-07:00 2025-12-31 990 2025-01-01 994337605 LITTLELIVING ORG INC LITT 3015189322 PO Box 1171 Ocean View DE 19970 Thomas McElroy Treasurer 3015189322 2026-09-11 2025 Little Living George Meringolo 37514 Pettinaro Dr Unit 9402 Ocean View DE 19970 741273 0 X www.littleliving.org X 2024 DE Little Living was formed for the purpose of acquiring, developing and building affordable little living homes and villages, primarily in Sussex and Kent Counties in Delaware. The homes will be available to qualified individuals who are seniors, veterans or working couples whose earnings range between 50% -80% of Average Median Income for these Counties. Depending on the location and local rules, the homes will either be rented or sold to individuals using a land-lease model. Homes will be either 1, 2 or 3 bedroom units. Rents are expected to range from $1,000-$1,200/mth and sales of units will range from $107,600 to $135,200. Funding for Little Living will be derived from Grants, Donations, Operating Income and debt financing if needed. 8 8 0 10 0 0 65242 741223 0 50 0 65242 741273 0 0 0 0 0 4026 48072 4026 48072 61216 693201 67212 826015 1976 87801 65236 738214 Little Living was formed for the purpose of acquiring, developing and building affordable little living homes and villages, primarily in Sussex and Kent Counties in Delaware. The homes will be available to qualified individuals who are seniors, veterans or working couples whose earnings range between 50% -80% of Average Median Income for these Counties. Depending on the location and local rules, the homes will either be rented or sold to individuals using a land-lease model. Homes will be either 1, 2 or 3 bedroom units. Rents are expected to range from $1,000-$1,200/mth and sales of units will range from $107,600 to $135,200. Funding for Little Living will be derived from Grants, Donations, Operating Income and/or debt financing, if needed. 0 0 0 152867 741223 Market Street Village is Little Living's highest organizational priority. Sussex County's continued growth has increased pressure on the supply and cost of housing. Market Street Village will provide a long-term response by adding 20 permanently affordable homes in central Sussex County. The project has advanced well beyond the conceptual stage. Little Living has acquired the properties, advanced development approvals, begun demolition and environmental remediation, assembled its professional development and construction team, and secured significant public and philanthropic support. Little Living has also worked with the Town of Georgetown to obtain a revised ordinance and zoning to support this type of affordable cottage housing. Major supporters include DNREC, Longwood Foundation, Welfare Foundation, Healthy Communities Delaware, Energize Delaware and M&T Charitable Foundation, along with donated land, financing (County Bank and NeighborGood Partner) and other public and private resources. The project is now moving from remediation and development into site preparation, infrastructure and residential construction. Additional capital is particularly valuable at this stage because it helps convert the substantial investments already made in land, environmental remediation, and planning into completed homes. This will ultimately minimize any debt funding that may be needed for the project. Market Street Village will create 20 affordable cottage-style rental homes on three parcels at 501, 503 and 515 East Market Street (Collectively known as 515 E. Market St) in Georgetown. The development will include a mix of one-, two- and three-bedroom homes serving income-qualified households, including working families, seniors, veterans and others who face difficulty obtaining quality affordable housing in Sussex County. A particularly important aspect of Market Street Village is the transformation of environmentally challenged properties into a productive community asset. Portions of the site are designated Brownfield properties requiring substantial environmental remediation before residential development can occur. Little Living is working with the Delaware Department of Natural Resources and Environmental Control (DNREC) and qualified environmental professionals to complete the necessary remediation and prepare the properties for safe residential use. DNREC has provided grant funding to cover the cost of the remediation assessment, clean-up and restoration. The completed homes will incorporate energy-efficient construction and solar energy. Reducing residents' utility expenses is an important component of Little Living's approach to affordability because the true cost of housing includes both rent and the ongoing cost of occupying a home (i.e. utilities and internet access). The development will also include shared outdoor and community amenities designed to encourage recreation, gardening, social interaction, and a strong sense of community. 0 0 0 0 1 1 0 0 0 0 0 0 0 0 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 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DE X Thomas McElroy 3015189322 PO Box 1171 Ocean View DE 19970 X George Meringolo President & Director 30 X X 0 0 0 Thomas McElroy Treasurer & Director 30 0 X X 0 0 0 Anthony Vinicguera Secretary & Director 24.00 X X 0 0 0 Michele Williams VP & Director 10.00 X X 0 0 0 Paul Buchness Director 8 0 X 0 0 0 Romina Thomas Director 6 X 0 0 0 0 0 0 0 0 0 0 Ken Lloyd LLC 35151 Roxana Road Frankford DE 19945 construction of Cottage homes 210000 1 0 0 0 0 152867 588356 375000 741223 0 50 50 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 741273 50 0 0 X 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 0 0 0 0 0 0 0 0 0 4905 0 4905 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15892 0 15892 0 7422 0 7422 0 5353 0 5353 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 4668 0 4668 0 0 0 0 0 0 0 0 0 4623 0 4623 0 5209 0 5209 0 48072 0 48072 0 66262 29722 50000 745343 0 745343 950 950 67212 826015 1976 13243 74558 1976 87801 X 65236 738214 0 0 65236 738214 67212 826015 X 693201 0 0 0 0 -20223 X 0 0 0 X 0 0 0 69260 741223 810483 0 0 0 0 0 0 0 0 0 69260 741223 810483 810483 50 50 0 0 0 0 0 0 810533 X 0 0 0 69260 741223 810483 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 0 69260 741223 810483 0 0 0 0 0 0 0 0 0 0 0 0 810483 0 0 0 8 50 58 0 0 0 0 0 0 0 0 0 8 50 58 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69268 741273 810541 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 375000 158008 533008 208105 0 0 208105 0 0 0 0 4230 0 0 4230 0 0 0 0 745343 X 2 375000 Market Value 0 0 1 0 Form 990, Part VI, Section B, Line 11b The Form 990 was prepared by the Treasurer. The Form 990 was distributed to the President and the Board of Directors for review prior to the board meeting. At the subsequent Board Meeting the Treasurer reviewed the Form 990 with the Directors and inquired of any questions or concerns with regard to disclosures, statements or amounts reported in the Form 990. The Treasurer then requested a vote to accept and approve the Form 990 for E-Filing. Form 990, Part VI, Section B, Line 12c Conflict of Interest Policy - Little Living has a conflict of interest policy that requires all Directors, Officers and employees ,if any, to annually complete a written statement which discloses the existence of any actual or appearances of conflict of interests. There were no items reported in the 2026 assessment process that needed further follow-up or discussion with the President or the Board of Directors. Form 990, Part VI, Section B, Line 15 Officers Compensation - There are no employees of the organization and all Directors and Officers serve as volunteers and hence receive no compensation. The decision to not compensate officers and directors is openly discussed and reported during various board meetings. Form 990, Part VI, Section C, Line 19 Disclosure of Conflict of Interest Policy and Governing Documents - Little Living has not provided these policies or documents to the general public. Financial Information - Little Living has not provided financial statements to the general public for the current fiscal year. The Form 990 is available upon request. Note that Little Living has shared financial information on a condensed basis with large donors or grantors as conditions for receiving grants. Form 990, Part IX, Line 11g Engineering Services of $15,892 for related to architectural drawings and Engineering consulting services related to conceptual site planning. Form 990, Part IX, Line 24e Other services of $5,209 relate to misc franchise taxes and property taxes as well as misc costs related to formation and start up of the business, bank fees costs to relocate a tiny home Form 990, Part XI, Line 9 Other Changes in Net Assets (Part XI, Line 9) are primarily due to Capitalization of legal fees and closing costs associated with the acquisition of two donated properties in the amount of -$16,475; Capitalization of Engineering services related to site improvements on the land in the amount of -$8,105 offset by misc other of $1,030 This is not a Late Filing. Little Living filed a timely request for automatic extension.