2024-05-07T13:49:35-05:00 2023-06-30 210650289 KLATZKIN & COMPANY LLP 1670 WHITEHORSE HAM SQ RD HAMILTON NJ 086903513 990 2022-07-01 276983137 HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST HOUS 6094974535 33 MERCER STREET PRINCETON NJ 08540 ANN ZULTNER TREASURER 6094974535 2024-05-07 1 ANN ZULTNER 999009999 0 THOMAS MARTIN P00123816 6098909189 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z TOM PINNEO 33 MERCER STREET PRINCETON NJ 08540 421461 0 X HOUSINGINITIATIVESOFPRINCETON.ORG X 2010 NJ HOUSING INITIATIVES OF PRINCETON PROVIDES AFFORDABLE HOUSING OPTIONS TO TRANSITION INTO PERMANENT HOUSING AND SUSTAINED SELF-SUFFICIENCY TO LOW INCOME WORKING FAMILIES AND INDIVIDUALS WHO ARE HOMELESS OR FACING IMMINENT HOMELESSNESS IN AND AROUND PRINCETON, NEW JERSEY. 14 14 0 49 0 0 474865 364556 43202 22554 877 4892 0 0 518944 392002 89941 103671 0 0 44167 60918 0 0 9138 130225 222948 264333 387537 254611 4465 740507 739715 149385 144128 591122 595587 X PROVIDING AFFORDABLE HOUSING OPTIONS TO TRANSITION INTO PERMANENT HOUSING AND SUSTAINED SELF-SUFFICIENCY TO LOW INCOME WORKING FAMILIES AND INDIVIDUALS WHO ARE HOMELESS OR FACING IMMINENT HOMELESSNESS IN AND AROUND PRINCETON, NJ 0 0 330700 103671 22554 HOUSING INITIATIVES OF PRINCETON (HIP) STRIVES TO PREVENT HOMELESSNESS FOR QUALIFYING LOW-INCOME WORKING FAMILIES AND INDIVIDUALS IN AND AROUND PRINCETON, NJ. DURING THE JULY 2022 THROUGH JUNE 2023 FISCAL YEAR, HOUSING INITIATIVES OF PRINCETON PROVIDED TRANSITIONAL HOUSING AND RENTAL ASSISTANCE (BACK RENT AND SECURITY DEPOSIT) TO FAMILIES, ENABLING THEM TO AVOID HOMELESSNESS AND ADDED DISRUPTION IN THEIR LIVES. HIP ALSO CONTINUES TO COLLABORATE WITH OTHER HELPING AGENCIES IN THE AREA TO MAKE THIS RENTAL ASSISTANCE PROVISION A MORE COORDINATED EFFORT. THROUGH TWO PROFESSIONAL CASE MANAGERS THAT HIP CONTRACTS, AND IN COORDINATION WITH BOARD LIAISONS, INDIVIDUALIZED SUPPORTIVE SERVICES WERE PROVIDED TO CONNECT FAMILIES AND CHILDREN TO BENEFICIAL RESOURCES, INCLUDING EMPLOYMENT ADVICE, FINANCIAL LITERACY, PARENTING WORKSHOPS, AND ENRICHMENT OPPORTUNITIES FOR THE GROWTH AND EDUCATION OF PARENTS AND CHILDREN. 330700 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 42 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NJ X ANN ZULTNER CPA 6099212328 33 MERCER STREET PRINCETON NJ 08540 LIZ LEMPERT BOARD CHAIR 30.00 X X 0 0 0 ANN ZULTNER TREASURER 10.00 X X 0 0 0 DANA MOLINA SECRETARY 5.00 X X 0 0 0 LOUISE KEKULAH TRUSTEE 5.00 X 0 0 0 VALERIE GIGUERE TRUSTEE 5.00 X 0 0 0 IRA LACKEY TRUSTEE 5.00 X 0 0 0 TOM PINNEO VICE CHAIR 5.00 X X 0 0 0 MELISSA URIAS MERCURO TRUSTEE 5.00 X 0 0 0 RAHUL PALNIKAR TRUSTEE 5.00 X 0 0 0 SUE CAMERON TRUSTEE 5.00 X 0 0 0 VALERIE HENRY TRUSTEE 5.00 X 0 0 0 MESHIE D KNIGHT TRUSTEE 5.00 X 0 0 0 CAROL GOLDEN TRUSTEE 5.00 X 0 0 0 SARAH TORIAN TRUSTEE 5.00 X 0 0 0 KATHLEEN GITTLEMAN EXECUTIVE DIRECTOR 35.00 X 49167 0 0 49167 0 0 0 0 0 0 0 123684 49437 191435 364556 RENTAL INCOME 531110 22554 22554 22554 4892 4892 29459 123684 29459 0 392002 22554 0 4892 X 37618 37618 66053 66053 60918 45688 6092 9138 425 425 13540 13540 89420 76992 12428 334 334 55444 55444 5833 5833 7388 7388 REPAIRS AND MAINTENANCE 16391 16391 HOMEOWNER ASSOCIATION F 11724 11724 MORTGAGE INTEREST 9544 9544 MISCELLANEOUS EXPENSES 6988 6988 5917 5413 504 387537 330700 47699 9138 301995 273304 185365 219097 308836 61522 253147 247314 740507 739715 803 1452 148582 142676 149385 144128 X 591122 595587 591122 595587 740507 739715 4465 0 X 0 0 0 X 204362 251277 536503 474865 364556 1831563 204362 251277 536503 474865 364556 1831563 206908 1624655 166 76 38 877 4892 6049 595 595 1838207 127633 0.88380 0.90320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 149630 149630 150070 53494 96576 9136 8028 1108 247314 RENT PARTY 111880 89535 22345 4225 14074 1500 2547 WINE TASTING PARTY 35596 28482 7114 5183 1930 147476 118017 29459 4225 19257 1500 4477 29459 0 1 69 DAVID BREARLEY INC 33 MERCER STREET PRINCETON NJ 08540 364911182 501(C)(3) 37618 0 PROVIDE TEMPORARY AFFORDABLE HOUSING 1 RENTAL ASSISTANCE 50 66053 FAIR MARKET VALUE HOUSING ASSISTANCE PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF CASH FUNDS PROVIDED TO THE 69 DAVID BREARLY BY PAYING EXPENSES FOR THE PROPERTY HELD BY 69 DAVID BREARLEY INC. DIRECTLY. 69 DAVID BREARLEY INC. IS A RELATED CHARITABLE ORGANIZATION. THE ORGANIZATION MONITORS THE USE OF THE ASSISTANCE PROVIDED TO INDIVIDUALS BY PROVIDING ONLY NON-CASH ASSISTANCE. ASSISTANCE IS PROVIDED DIRECTLY TO THE LANDLORD. THIS NON-CASH ASSISTANCE POLICY HELPS ENSURE THAT THE ASSISTANCE PROVIDED BY THE ORGANIZATION IS USED FOR THE PURPOSE FOR WHICH IT WAS INTENDED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD RECEIVES A COPY OF THE DRAFT 990 VIA EMAIL. THEY ARE GIVEN AN OPPORTUNITY TO REVIEW THE FORM AND RAISE AND QUESTIONS. ONCE ALL OF THE QUESTIONS ARE RESOLVED, THE FORM 990 IS EFILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS MUST COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT FORM 990, PART VI, SECTION B, LINE 15A AN OUTSIDE CONSULTANT WAS SECURED BY THE BOARD TO HELP GUIDE THEM WITH A BOARD RESTRUCTURING PROJECT DUE TO THE GROWTH OF THE ORGANIZATION AND WITH THE TRANSITION FROM A FULLY VOLUNTEER ORGANIZATION TO A MORE SUSTAINABLE MODEL. PART OF THAT TRANSITION WAS TO SURVEY OTHER LOCAL ORGANIZATIONS AND THE COMPENSATION WAS BASED ON PREVAILING RATE FOR EXECUTIVE DIRECTORS IN THE COMMUNITY FOR THE ANTICIPATED HOURS ON A PART TIME BASIS. IT WAS THEN APPROVED IN EXECUTIVE SESSION BY THE FULL BOARD. THE FINAL ARRANGEMENT WAS DOCUMENTED IN A LETTER OF AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND INTERNAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G FAMILY ASSISTANCE- COUNSELING: PROGRAM SERVICE EXPENSES 76,992. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,992. OTHER OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,240. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,240. ADMIN ASSISTANT : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,188. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,188. INTERN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. 69 DAVID BREARLEY INC 33 MERCER STREET PRINCETON NJ 08540 364911182 AFFORDABLE HOUSING FOR LOW INCOME WORKING FAMILIES OR INDIVIDUALS NJ 501(C)(3) LINE 7 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0