| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4A | SEEK OUT POTENTIAL FUTURE LOCATIONS,IMPROVE AND UPDATE AND MANAGE LOW INCOME SENIOR CITIZENS HOUSING UNITS OF AFFILIATES, ACQUIRE LAND, PLAN FOR LOW INCOME HOUSING CREDITS AND FEDERAL FUNDING FOR CONSTRUCTION AND RENOVATION OF LOW INCOME SENIOR CITIZENS HOUSING UNITS. PROVIDE AND MANAGE SENIOR SERVICES TO THE RESIDENTS OF THE AFFILIATED HOUSING PROJECTS. IN 2024, THE ORGANIZATION PROVIDED A LOAN OF 1,500,000 TO PH II LLC TO FACILITATE THE PURCHASE OF THE LIMITED PARTNER INTEREST IN THE PAUMANACK VILLAGE II OWNER LP ELDERLY HOUSING COMPLEX. THE LIMITED PARTNER INTEREST IN PAUMANACK VILLAGE II OWNER LP WAS PURCHASED IN 2024 BY PH II LLC AND THE LIMITED PARTNER INTEREST IN PAUMANACK VILLAGE III OWNER LP WAS PURCHASED IN 2024 BY PV III LLC. THE PAUMANACK VILLAGES SERVE THE LOW INCOME ELDERLY POPULATION AND FURTHER THE ORGANIZATION'S MISSION OF HELPING LOW INCOME SENIORS. |
| FORM 990, PAGE 2, PART III, LINE 4D | TO PROVIDE SUPPORT TO AFFILIATES FOR LOW INCOME SENIOR CITIZENS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE CPA TAX PREPARER DISCUSSES WITH THE PRESIDENT AND ACCOUNTANT THE FINANCIAL RESULTS AND TAX FILINGS. PRESIDENT DISCUSSES FINANCIAL FILINGS AND TAX FILINGS WITH THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | REQUIRE ALL COMPENSATED OR UNCOMPENSATED BOARD MEMBERS TO DISCLOSE ANY REAL OR POTENTIAL CONFLICTS WHEN WE APPROVE ANNUAL VENDOR CONTRACTS EACH JANUARY |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION STUDY WAS PERFORMED BY AN INDEPENDENT CPA FOR THE OFFICER'S SALARY AND DIRECTOR AND APPROVED BY BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION COMMITTEE REVIEWS ANNUAL REVIEWS AND CONTRACTS OF OFFICERS AND BOARD MEMBERS AND APPROVES BY AFFIRMATIVE VOTE AND IS RECORDED IN THE BOARD'S MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE INFORMATION IS AVAILABLE UPON REQUEST. |
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