TY 2021 Form 990PF

- TIN:

Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022

Name of foundation
ROMNEY UNITY APARTMENTS INC

Number and street (or P.O. box number if mail is not delivered to street address)1369 STEWARTSTOWN ROAD
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MORGANTOWN, WV26505

A Employer identification number

55-0687740

B Telephone number (see instructions)

(304) 296-8223

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$3,547,294J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	14		14
4	Dividends and interest from securities...
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		270,924		270,924
12	Total. Add lines 1 through 11........	270,938		14	270,924
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......	83,340			83,340
15	Pension plans, employee benefits.......	46,965			46,965
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		4,767		4,767
c	Other professional fees (attach schedule)....		20,386		20,386
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		3,200		3,200
19	Depreciation (attach schedule) and depletion...		79,832		79,832
20	Occupancy..............	90,090			90,090
21	Travel, conferences, and meetings.......	556			556
22	Printing and publications..........
23	Other expenses (attach schedule).......		14,093		14,093
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	343,229		0	343,229	0
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	343,229		0	343,229	0
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-72,291
b	Net investment income (if negative, enter -0-)			14
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	29,870	14,526	14,526
	3	Accounts receivable 71
		Less: allowance for doubtful accounts 71
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	2,494	4,725	4,725
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 2,620,086
		Less: accumulated depreciation (attach schedule) 1,525,164	1,173,643	1,094,922	3,450,000
	15	Other assets (describe )	54,601	78,043	78,043
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,260,608	1,192,216	3,547,294
	17	Accounts payable and accrued expenses..........	32,049	50,327
	18	Grants payable.................
	19	Deferred revenue.................	14,496
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	11,856	11,973
	23	Total liabilities (add lines 17 through 22).........	58,401	62,300
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	-758,993	-831,284
	25	Net assets with donor restrictions............	1,961,200	1,961,200
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	1,202,207	1,129,916
	30	Total liabilities and net assets/fund balances (see instructions).	1,260,608	1,192,216

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

1,202,207

Enter amount from Part I, line 27a .....................

-72,291

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,129,916

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

1,129,916

Form 990-PF (2021)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Form 990-PF (2021)

Page 4

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.HRDEWV.ORG

The books are in care of bullet

DIANA SNYDER Telephone no. bullet

(304) 296-8223

Located at bullet

1369 STEWARTSTOWN ROADMORGANTOWNWV ZIP+4 bullet

26505

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2021? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOSHUA D SWORD	PRESIDENT 1.00	0	0	0
501 LEON SULLIVAN WAY CHARLESTON,WV25301	PRESIDENT 1.00	0	0	0
ANDY WALTERS	SECRETARY TR 1.00	0	0	0
501 LEON SULLIVAN WAY CHARLESTON,WV25301	SECRETARY TR 1.00	0	0	0
ROBERT BROWN	EXECUTIVE BO 0.05	0	0	0
501 LEON SULLIVAN WAY CHARLESTON,WV25301	EXECUTIVE BO 0.05	0	0	0
HEATHER ANDERSON	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
MIKE CAPUTO	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
DAN DOYLE	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
DAVE EFAW	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
ELAINE HARRIS	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
JOYCE GIBSON	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
STERLING BALL	EXECUTIVE BO 0.02	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.02	0	0	0
BRIAN WEDGE	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
CHUCK PARKER	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
DANIEL J POLING	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
CRAIG HARVEY	EXECUTIVE BO 0.02	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.02	0	0	0
JOE CARTER	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
FRED ALBERT	EXECUTIVE BO 0.05	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.05	0	0	0
JOHN EPPERLY	EXECUTIVE BO 0.03	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.03	0	0	0
GARY SOUTHALL	EXECUTIVE BO 0.03	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.03	0	0	0
JESS KING	EXECUTIVE BO 0.03	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	EXECUTIVE BO 0.03	0	0	0
CLAUDETTE KARR	VICE PRESIDE 1.00	0	0	0
1369 STEWARTSTOWN ROAD MORGANTOWN,WV26505	VICE PRESIDE 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................

Form 990-PF (2021)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	ROMNEY UNITY APARTMENTS, INC. OWNS AND OPERATES A 32 UNIT APARTMENT COMPLEX FOR LOW-INCOME ELDERLY INDIVIDUALS. ALL EXPENSES ARE ATTRIBUTED TO THE FACILITY.	326,852
2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

Minimum investment return. Enter 5% (0.05) of line 5................

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

Tax on investment income for 2021 from Part V, line 5.......

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					0
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2021)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

Form 990-PF (2021)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	14
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..				14	270,924

13Total. Add line 12, columns (b), (d), and (e)..................

270,938

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	PROVIDE HOUSING TO LOW INCOME INDIVDUALS. PRIMARY FUNDING PROVIDED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT THROUGH CONTINUING HAP RENTAL ASSISTANCE.
1B	QUALIFYING TENANTS' RENTS FOR HOUSING.
1C	ACTIVITY SUPPORTING LOW-INCOME HOUSING FUNCTION.
1D	ACTIVITY SUPPORTING LOW-INCOME HOUSING FUNCTION.
1E	ACTIVITY SUPPORTING LOW-INCOME HOUSING FUNCTION.

Form 990-PF (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship
WEST VIRGINIA AFL-CIO	501(C)(5)	COMMON BOARD OF DIRECTORS
WV AFL-CIO UNITY CTR	501(C)(2)	COMMON BOARD OF DIRECTORS

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AUDITING EXPENSE	4,767		4,767

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2021 DepreciationSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
BUILDING	1997-12-01	2,262,962	1,333,948	STRAIGHT LINE	40.0000	56,574	56,574
COMPAQ PRESARIO	1998-02-15	1,273	1,273	STRAIGHT LINE	5.0000
CHAIN LINK FENCE	1998-06-15	8,062	8,062	STRAIGHT LINE	15.0000
SIGN	1998-09-19	1,152	1,152	STRAIGHT LINE	10.0000
TRASH COMPACTOR	1999-09-17	901	901	STRAIGHT LINE	8.0000
FRONT LOADING WASHER	2001-02-14	995	995	STRAIGHT LINE	8.0000
MINOLTA EP2152 COPIER	2001-03-28	695	695	STRAIGHT LINE	5.0000
A/C COMPRESSOR	2002-06-15	645	645	STRAIGHT LINE	5.0000
SEAL PARKING LOT	2002-10-01	950	950	STRAIGHT LINE	5.0000
AUTOMATIC DOORS	2003-01-01	3,920	3,920	STRAIGHT LINE	10.0000
MAINT EQUIP - SNOW BLOW	2004-12-12	798	798	STRAIGHT LINE	5.0000
DIGITAL PRINTER	2005-06-30	1,200	1,200	STRAIGHT LINE	5.0000
ELECTROLUX SWEEPER	2005-08-31	335	335	STRAIGHT LINE	5.0000
COMPUTER SOFTWARE	2006-05-22	600	600	STRAIGHT LINE	3.0000
CARPET	2006-11-16	2,149	2,149	STRAIGHT LINE	7.0000
FLOORING	2007-10-09	854	854	STRAIGHT LINE	7.0000
PANIC DEVICES	2008-05-31	605	605	STRAIGHT LINE	7.0000
TRAP INSULATION	2008-06-06	1,174	1,174	STRAIGHT LINE	5.0000
FREEZER/REFRIGERATOR	2008-06-06	907	907	STRAIGHT LINE	5.0000
CARPET	2008-06-30	1,656	1,656	STRAIGHT LINE	7.0000
CARPET	2008-06-30	1,692	1,692	STRAIGHT LINE	7.0000
CARPET	2008-06-30	1,692	1,692	STRAIGHT LINE	7.0000
LETTER FOR BUILDING	2008-06-30	1,401	1,401	STRAIGHT LINE	10.0000
CARPET	2008-08-01	554	554	STRAIGHT LINE	7.0000
CARPET	2008-12-22	590	590	STRAIGHT LINE	7.0000
AIR PURIFIERS	2009-06-30	2,481	2,481	STRAIGHT LINE	7.0000
FRONT LOADING WASHER	2010-11-11	928	928	STRAIGHT LINE	7.0000
CARPET AND TILE 204	2011-10-26	1,521	1,521	STRAIGHT LINE	7.0000
INSTALL DRAIN SYSTEM & TREE REMOVAL	2011-11-01	6,580	4,204	STRAIGHT LINE	15.0000	439	439
ROOF REPAIR	2011-12-20	4,975	3,151	STRAIGHT LINE	15.0000	332	332
COIN OP DRYER	2012-03-14	929	929	STRAIGHT LINE	7.0000
REFRIGERATOR	2012-03-14	458	458	STRAIGHT LINE	7.0000
HVAC - 5	2012-04-11	4,125	4,125	STRAIGHT LINE	7.0000
CARPET 205	2012-07-02	659	659	STRAIGHT LINE	7.0000
CARPET 101	2012-07-17	1,556	1,556	STRAIGHT LINE	7.0000
CARPET 107	2012-09-19	826	826	STRAIGHT LINE	7.0000
CARPET 109	2013-01-15	832	832	STRAIGHT LINE	7.0000
CARPET 108	2013-01-16	773	773	STRAIGHT LINE	7.0000
CARPET 102	2013-03-04	737	737	STRAIGHT LINE	7.0000
FRONT DOOR ENTRY SYSTEM	2013-04-22	2,499	2,071	STRAIGHT LINE	10.0000	250	250
INFRARED DOOR DETECTOR	2013-08-27	1,775	1,391	STRAIGHT LINE	10.0000	178	178
SEAL AND RESTRIPE PARKING LOT	2013-09-10	2,200	2,200	STRAIGHT LINE	5.0000
SURGE PROTECTOR	2013-11-14	5,525	4,190	STRAIGHT LINE	10.0000	552	552
PTAC UNITS - 3	2014-06-24	2,857	2,857	STRAIGHT LINE	7.0000
20 HP RIDING MOWER	2014-06-30	1,329	1,329	STRAIGHT LINE	5.0000
HVAC - 6	2015-09-16	4,698	3,861	STRAIGHT LINE	7.0000	671	671
TORNADO BUNISHER	2015-10-05	1,382	1,382	STRAIGHT LINE	5.0000
CARPET 206	2015-10-19	559	452	STRAIGHT LINE	7.0000	80	80
CARPET 304	2015-10-19	559	452	STRAIGHT LINE	7.0000	80	80
FIRST FLOOR CARPET	2016-03-28	3,085	2,314	STRAIGHT LINE	7.0000	441	441
SECOND FLOOR CARPET	2016-03-28	2,863	2,147	STRAIGHT LINE	7.0000	409	409
THIRD FLOOR CARPET	2016-03-28	2,863	2,147	STRAIGHT LINE	7.0000	409	409
ACTIVITY ROOMS, 2ND & 3RD FLOORS	2016-03-28	732	549	STRAIGHT LINE	7.0000	104	104
REWIRE NEW LIGHTS AND ADD BALLAST	2016-05-02	3,567	2,022	STRAIGHT LINE	10.0000	357	357
EXTERIOR STAIR TREADS	2016-05-11	2,699	2,699	STRAIGHT LINE	5.0000
PAVING, RELINING AND HANDICAP LOGOS	2017-05-16	14,750	6,023	STRAIGHT LINE	10.0000	1,475	1,475
PTAC UNITS - 2	2017-06-30	1,647	941	STRAIGHT LINE	7.0000	235	235
PTAC UNITS - 15	2017-08-01	10,081	5,521	STRAIGHT LINE	7.0000	1,440	1,440
CARPET 303 AND 308	2018-01-26	1,061	518	STRAIGHT LINE	7.0000	152	152
WASHER & DRYER	2018-02-05	1,566	970	STRAIGHT LINE	7.0000	224	224
120 GAL COMMERCIAL WATER HEATER	2018-08-02	3,399	1,133	STRAIGHT LINE	10.0000	340	340
SECURITY CAMERA SYSTEMS	2018-12-31	5,500	2,750	STRAIGHT LINE	5.0000	1,100	1,100
PTAC UNITS 5	2019-01-22	3,483	1,203	STRAIGHT LINE	7.0000	497	497
CAPET 202 AND 109	2019-06-14	1,167	348	STRAIGHT LINE	7.0000	166	166
SIDE BY SIDE REFRIGERATOR	2019-06-30	1,087	310	STRAIGHT LINE	7.0000	155	155
PTAC 6 12,000 BTU	2020-06-30	4,137	591	STRAIGHT LINE	7.0000	591	591
PTAC 2 7,500 BTU	2020-06-30	1,246	178	STRAIGHT LINE	7.0000	178	178
FRONT LOADING WASHER	2020-06-30	1,569	392	STRAIGHT LINE	7.0000	224	224
WASHER & DRYER	2020-06-30	1,798	257	STRAIGHT LINE	7.0000	257	257
REFRIGERATOR AND 2 ELEC RANGES	2020-06-30	1,449	207	STRAIGHT LINE	7.0000	207	207
ROOF REPLACEMENT	2020-09-22	149,860		STRAIGHT LINE	15.0000	9,991	9,991
COOL/HEAT PUMP - 103	2021-06-29	4,425		STRAIGHT LINE	7.0000	632	632
PLANK FLOORING-GROUND LEVEL	2021-06-29	7,126		STRAIGHT LINE	7.0000	1,018	1,018
CARPET 305	2022-02-16	1,112		STRAIGHT LINE	5.0000	74	74

- TIN:

TY 2021 LandEtcSchedule2

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LAND IMPROVEMENTS	35,241	26,052	9,189	3,450,000
BUILDING	2,520,764	1,480,460	1,040,304
BLDGS EQUIP PORTABLE	11,680	7,190	4,490
OFFICE FURNITURE & EQUIPMENT	9,268	7,618	1,650
MAINTENANCE EQUIPMENT	3,844	3,844
LAND	39,289		39,289

- TIN:

TY 2021 OtherAssetsSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
SECURITY DEPOSITS	14,125	16,339	16,339
RESERVE & REPLACEMENT	40,476	61,704	61,704

- TIN:

TY 2021 OtherExpensesSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Description	Revenue and Expenses per Books	Adjusted Net Income
EXPENSES
MANAGER'S APARTMENT	7,925	7,925
OFFICE EXPENSE	3,132	3,132
TELEPHONE/PAGER EXPENSE	1,915	1,915
ADVERTISING	681	681
CRIMINAL CHECK EXPENSE	138	138
MANAGER BACKUP	130	130
SERVICE CHARGE CHECKING	172	172

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Description	Revenue And Expenses Per Books	Adjusted Net Income
TENANT ASSISTANCE PAYMENTS	161,822	161,822
TENANT RENTAL PAYMENTS, NET	89,805	89,805
CABLE & UTILITIES	8,396	8,396
MANAGER'S APT. REVENUE	7,925	7,925
LAUNDRY & VENDING	2,354	2,354
DAMAGES AND CLEANING FEES	410	410
SPECIAL CLAIMS REVENUE	212	212

- TIN:

TY 2021 OtherLiabilitiesSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Description	Beginning of Year - Book Value	End of Year - Book Value
SECURITY DEPOSITS FUNDED	11,856	11,973

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
MANAGEMENT FEE	20,386		20,386

- TIN:

TY 2021 ReasonableCauseExplanation

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Explanation:

REASON FOR LATE FILING THE TAXPAYER ORIGINALLY ATTEMPTED TO TIMELY ELECTRONICALLY FILE ITS 2021 FORM 990-PF FOR THE YEAR ENDED JUNE 30, 2022, ON JANUARY 11, 2023. THE TAXPAYER HAD TRIED FOR MANY YEARS TO ELECTRONICALLY FILE ITS RETURN WITHOUT SUCCESS AND THUS HAD PAPER-FILED ITS RETURN UNTIL THE TAXPAYER FIRST ACT CHANGED THE FILING PROCEDURE AND REQUIRED THE ELECTRONIC FILING OF FORM 990-PF. THE TAXPAYER RECEIVED E-FILE REJECTION CODE F990-902-01 FOR A DATABASE VALIDATION ERROR CAUSED BY THE EIN NOT BEING CLASSIFIED AS AN EXEMPT ORGANIZATION IN THE IRS DATABASE. A CALL TO THE IRS E-HELP DESK REVEALED THAT THE IRS DATABASE LISTED THE ORGANIZATION AS A NONOPERATING PRIVATE FOUNDATION RATHER THAN AN OPERATING PRIVATE FOUNDATION. NEITHER PRIVATE FOUNDATION CLASSIFICATION IS FACTUALLY CORRECT BASED ON THE ORGANIZATION'S ACTIVITIES. THE TAXPAYER IS CONTEMPORANEOUSLY SUBMITTING FORM 8940 REQUESTING A DETERMINATION THAT THE ORGANIZATION IS, INDEED, A PUBLIC CHARITY. THE TAXPAYER CORRECTED THE REPORTING OF THE ORGANIZATION-TYPE TO MATCH THE IRS DATABASE BY SELECTING NONOPERATING PRIVATE FOUNDATION IN THE TAX PREPARER'S SOFTWARE AND AGAIN ELECTRONICALLY SUBMITTED THE 2021 FORM 990-PF ON MAY 13, 2023. THE RETURN WAS AGAIN REJECTED FOR THE SAME E-FILE REJECTION CODE F990-902-01. THE TAX PREPARER HAS IDENTIFIED A CHECKBOX IN THE PREPARATION SOFTWARE THAT APPARENTLY MUST ALSO BE UNCHECKED TO COMPLETE THE REPORTING OF THE ORGANIZATION AS A NONOPERATING FOUNDATION. THIS CHECKBOX IS LOCATED SEPARATELY FROM ALL OTHER ORGANIZATION-TYPE QUESTIONS/ SELECTIONS, AND HOPEFULLY WILL NOW ALLOW THE ORGANIZATION TO MATCH THE IRS DATABASE. THE TAXPAYER IS ONCE AGAIN ATTEMPTING TO ELECTRONICALLY SUBMIT ITS 2021 FORM 990-PF WHILE AT THE SAME TIME ATTEMPTING TO TIMELY ELECTRONICALLY FILE ITS 2022 FORM 990-PF FOR THE YEAR ENDED JUNE 30, 2023. REQUEST FOR PENALTY ABATEMENT FOR REASONABLE CAUSE THE ORGANIZATION OWNS AND OPERATES A 32-UNIT APARTMENT COMPLEX FOR LOW- INCOME ELDERLY INDIVIDUALS IN ROMNEY, WEST VIRGINIA. IT IS ONE OF 13 SIMILAR RELATED APARTMENT COMPLEXES IN THE STATE UNDER MANAGED BY A SECTION 501(C)(3) MANAGEMENT AGENT. ALL ENTITIES SERVE LOW-INCOME ELDERLY OR DISABLED INDIVIDUALS IN WEST VIRGINIA. ALL BUT TWO OF THESE ENTITIES ARE CORRECTLY REPORTING AS PUBLIC CHARITIES, WHILE THE TAXPAYER AND UNITY HOUSE APARTMENTS, INC. (55-0731330) ARE FILING AS PRIVATE FOUNDATIONS AND APPARENTLY HAVE DONE SO SINCE THEIR RESPECTIVE FORMATIONS IN 1988 AND 1994. ALL ENTITIES RECEIVE TENANT ASSISTANCE PAYMENTS FROM THE U.S. HOUSING AND URBAN DEVELOPMENT (HUD), ARE SUBJECT TO AN ANNUAL SINGLE AUDIT PERFORMED IN ACCORDANCE WITH GOVERNMENTAL AUDITING STANDARDS AND THE UNIFORM GUIDANCE OF U.S. CODE OF REGULATIONS TITLE 2, PART 200, AND REPORT ANNUALLY TO HUD VIA THE REAL ESTATE ASSESSMENT CENTER ((REAC). ALL THE FOREGOING IS OPEN TO PUBLIC INSPECTION AND IS PUBLISHED ANNUALLY. THUS, THE LATE FILING OF FORM 990-PF IS NOT DEPRIVING THE PUBLIC ACCESS TO THE ORGANIZATION'S INFORMATION. AS AN ENTITY SUBJECT TO HUD SUPERVISION AND RELATED CONTRACTUAL OBLIGATIONS, THE ORGANIZATION CANNOT, AND DOES NOT, RETAIN SURPLUS CASH IN EXCESS OF 5,000 OF ITS DEMONSTRATED NET NEAR TERM OBLIGATIONS. ANY EXCESS FUNDS ARE REMITTED ANNUALLY TO HUD. AS SUCH, THE TAXPAYER HAS LIMITED FISCAL RESOURCES WITH WHICH TO ENGAGE EXPERTS TO ADDRESS THE ISSUES DISCUSSED ABOVE. FURTHER, THE TAXPAYER AND TAX PREPARER FACED EXTRAORDINARY CHALLENGES RESULTING FROM COVID-19 AND THE INCREASED DEMANDS ON HUMAN RESOURCES, INCLUDING THE RESULTING OUTFALL OF EARLY RETIREMENTS AND AN APPROXIMATE ONE-THIRD REDUCTION IN INDIVIDUALS ENTERING THE ACCOUNTING INDUSTRY. BOTH THE TAXPAYER AND TAX PREPARER HAVE JUST BEGAN TO FEEL AN EASING OF THE INCREASED BURDEN THIS PAST NOVEMBER PRIOR TO THE JUST ENDED BUSY TAX FILING PERIOD. BASED ON THE FACTS PRESENTED ABOVE, THE TAXPAYER RESPECTFULLY REQUESTS THE PENALTY THAT COULD BE ASSESSED PURSUANT TO IRC SEC. 6652(C)(1)(A) FOR LATE FILING OF IT RETURN BE WAIVED FOR REASONABLE CAUSE.

- TIN:

TY 2021 TaxesSchedule

Name:

ROMNEY UNITY APARTMENTS INC

EIN:

55-0687740

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROPERTY TAX	3,200		3,200