2024-08-05T15:26:08-05:00 2023-09-30 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2022-10-01 522079213 SACRED HEART VILLAGE I INC SACR 3026525523 115 E 14TH STREET WILMINGTON DE 19801 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 3026525523 2024-08-04 1 0 JONATHAN D MOLL CPA P01053700 3022250600 2024-08-04 2022 2024-08-08 14:25:15Z BROTHER RONALD GIANNONE 115 E 14TH STREET WILMINGTON DE 19801 1087354 0 X HTTP://SACREDHEARTVILLAGE.ORG X 1999 DE AFFORDABLE HOUSING FOR THE ELDERLY 11 11 16 15 0 0 0 1150 1082053 1059177 113 1417 24758 25610 1106924 1087354 0 0 0 0 505177 519856 0 0 0 905675 921372 1410852 1441228 -303928 -353874 6619083 6351758 4775659 4862208 1843424 1489550 THE MISSION OF SACRED HEART VILLAGE 1, INC. IS TO PROVIDE PERMANENT, AFFORDABLE HOUSING FOR SENIORS. 0 0 1283317 1075228 TO PROVIDE AFFORDABLE, DECENT HOUSING FOR VERY LOW INCOME ELDERY PERSONS. THE ORGANIZATION OPERATES A 77-UNIT HOUSING FACILITY. 1283317 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 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 1 0 0 0 1 3 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X BROTHER RONALD GIANNONE OFM CAP 3026525523 115 E 14TH STREET WILMINGTON DE 19801 MATTHEW DAVIS PRESIDENT 2.00 X X 0 0 0 KATHLEEN DUFFY SMITH VICE PRESIDENT 2.00 X X 0 0 0 JOHN COOK MEMBER 2.00 X 0 0 0 CHRISTINE DEALY HAYNES TREASURER 2.00 X X 0 0 0 KENT JORDAN MEMBER 2.00 X 0 0 0 DANIELLE NOWACZYK MEMBER 2.00 X 0 0 0 PATRICK MCHUGH JR MEMBER 2.00 X 0 0 0 BROTHER RUDOLPH PIERETTI MEMBER 2.00 X 0 0 0 JULIANNA SAYDLOWSKI SECRETARY 2.00 X X 0 0 0 TRICIA LYONS MEMBER 2.00 X 0 0 0 ANGELA MODESTO MEMBER 2.00 X 0 0 0 BROTHER RONALD GIANNONE EXECUTIVE DIRECTOR 5.00 35.00 X 0 129679 12435 0 129679 12435 0 0 0 0 0 1150 1150 GOV'T SUBSIDIZED RENTS 531110 709927 709927 LOW INCOME RENTS 531110 345705 345705 PROGRAM PARKING FEES 531110 3545 3545 1059177 1417 1417 9559 0 9559 9559 9559 LAUNDRY & VENDING 531390 13678 13678 MISCELLANEOUS REVENUE 531390 2373 2373 16051 1087354 1075228 0 10976 383095 344786 38309 26246 23621 2625 81861 73675 8186 28654 25789 2865 47820 9564 38256 22392 4200 18192 10601 9540 1061 170740 167325 3415 83861 82184 1677 325419 292877 32542 38508 36583 1925 REPAIRS AND MAINTENANCE 163177 159913 3264 SERVICE CONTRACTS 49038 44134 4904 MISCELLANEOUS 6897 6207 690 PROGRAM SUPPLIES 2919 2919 1441228 1283317 157911 0 91398 47760 16467 16815 5392 5583 12947746 7087069 6145528 5860677 360298 420923 6619083 6351758 138797 131938 28088 31959 2760500 2760500 1848274 1937811 4775659 4862208 X 1843424 1489550 1843424 1489550 6619083 6351758 -353874 0 X X 0 1 X 1 1 1 X 5400 7075 4198 1150 17823 1083153 1089026 1093211 1099341 1075228 5439959 18172 12058 13239 43469 1106725 1108159 1110648 1099341 1076378 5501251 0 0 0 5501251 3534 2550 4918 7583 10976 29561 3534 2550 4918 7583 10976 29561 1110259 1110709 1115566 1106924 1087354 5530812 0.99470 0.99600 0.00530 0.00400 X 0 1 X 377655 377655 11715917 6427617 5288300 330415 322102 8313 523759 337350 186409 5860677 TENANT DEPOSITS HELD IN TRUST 31959 REPLACEMENT RESERVES 363937 RESIDUAL RECEIPTS ACCOUNT 19250 RIGHT-OF-USE ASSET - FINANCE LEASE 5777 420923 NON-INTEREST-BEARING ADVANCE FROM AFFILIATE 160095 ACCRUED INTEREST PAYABLE 1771675 FINANCE LEASE LIABILITY 6041 1937811 X 1087354 0 1087354 0 1087354 1441228 0 1441228 0 1441228 PART IV, LINE 2B: THE ORGANIZATION CHARGES ITS TENANTS A SECURITY DEPOSIT. THESE FUNDS ARE MAINTAINED IN A SEPARATE ACCOUNT AND ARE NOT AVAILABLE FOR THE GENERAL OPERATIONS OF THE PROJECT. PART X, LINE 2: THE ORGANIZATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF SEPTEMBER 30, 2023 AND 2022 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE ORGANIZATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF SEPTEMBER 30, 2023 AND 2022, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX PROVISIONS. FORM 990, PART VI, SECTION A, LINE 3 AS INDICATED IN SCHEDULE R, THE ORGANIZATION ENGAGED THE MINISTRY OF CARING, INC., A RELATED PARTY, FOR CERTAIN MANAGEMENT AND ACCOUNTING SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE STAFF AND MADE AVAILABLE TO BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE INSTRUCTED ABOUT THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 A REVIEW IS CONDUCTED TO DETERMINE APPROPRIATENESS OF THE COMPENSATION BASED ON BUDGET AND COMPARABLE SALARY STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE AUDITOR. THE MINISTRY OF CARING INC 115 E 14TH STREET WILMINGTON DE 19801 510209843 SERVES POOR, HOMELESS, AND DISADVANTAGED PEOPLE IN AND AROUND WILM, DE DE 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0