2024-11-05T12:17:19-05:00 2024-06-30 203934956 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2023-07-01 232786947 PINN GARDENS INCORPORATED PINN 2158772422 900 BELMONT AVENUE PHILADELPHIA PA 19104 MONNA MORTON TREASURER 2158772422 2024-10-29 true false JOSEPH V GIORDANO CPA P01249336 3022660202 2024-11-05 2023 2024-10-15 13:58:12Z MONNA MORTON 900 BELMONT AVENUE PHILADELPHIA PA 19104 401341 false X X 1995 PA PROVIDE HOUSING AND RELATED SERVICES TO FINANCIALLY DISADVANTAGED ELDERLY AND/OR PERSONS WITH DISABILITIES WHO RECEIVE HUD RENT ASSISTANCE. 4 4 2 4 0 238421 245321 138919 155927 103 93 0 377443 401341 0 0 137080 144384 0 0 386205 323144 523285 467528 -145842 -66187 1705195 1618130 43646 22768 1661549 1595362 PROVIDE HOUSING TO FINANCIALLY DISADVANTAGED ELDERLY AND/OR PERSONS WITH DISABILITIES WHO RECEIVE HUD RENT ASSISTANCE. false false 348461 155927 THE ORGANIZATION PROVIDES HOUSING TO THE FINANCIALLY DISADVANTAGED ELDERLY AND/OR PERSONS WITH DISABILITIES. 348461 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 2 true false false false false false false false false false false false false X 4 4 false false false false false false false true true false false false false false true true true false X X TRACY S GUY 2158772422 900 BELMONT AVENUE PHILADELPHIA PA 19104 X REV JACOB L CHATMAN PRESIDENT 1.00 X X 0 0 0 FRANK E DEVINE VICE PRESIDE 1.00 X X 0 0 0 MICHAEL LEWIS SECRETARY 1.00 X X 0 0 0 MONNA MORTON TREASURER 1.00 X X 0 0 0 false false false 245321 245321 RENTAL REVENUE - TENANTS 531110 153659 153659 LAUNDRY REVENUE 531110 2268 2268 155927 93 93 401341 155927 93 59859 59859 41715 41715 34863 34863 7947 7947 23352 23352 10016 10016 18190 18190 98533 98533 108908 108908 46457 46457 TRASH AND SNOW REMOVAL 9500 9500 BAD DEBTS 7650 7650 REPAIRS AND MAINTENANCE 538 538 467528 348461 119067 0 6975 12312 5483 374 4002420 2594544 1499285 1407876 193452 197568 1705195 1618130 32570 9563 11076 13205 43646 22768 X -1792151 -1858338 3453700 3453700 1661549 1595362 1705195 1618130 -66187 X false true X true true true X 237401 224951 225100 238421 245321 1171194 134104 123022 127095 138919 155927 679067 371505 347973 352195 377340 401248 1850261 1850261 557 474 125 103 93 1352 557 474 125 103 93 1352 372062 348447 352320 377443 401341 1851613 0.99930 0.99900 0.00000 0.00000 X 61261 61261 3864357 2517742 1346615 76802 76802 1407876 REPLACEMENT RESERVE 169687 AUDIT & INSURANCE RESERVE 14274 TENANT SECURITY DEPOSITS IN TRUST 13205 PAINTING ESCROW RESERVE 401 RESIDUAL RECEIPTS RESERVE 1 197568 TENANT SECURITY DEPOSITS LIABILITY 13205 13205 X 401341 401341 401341 467528 467528 467528 SCHEDULE D, PAGE 3, PART X PINN GARDENS, INC. QUALIFIES AS A NONPROFIT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE SERVICE (IRS) CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRS SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE FINANCIAL ACCOUNTING STANDARDS BOARD ON STATEMENTS PERTAINING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENTS OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FEDERAL RETURNS OF THE ORGANIZATION FOR THE PRIOR THREE YEARS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE TAX POSITIONS TAKEN BY THE ORGANIZATION DURING THESE YEARS ARE BASED ON CLEAR AND UNAMBIGUOUS TAX LAW; MANAGEMENT HAS A HIGH LEVEL OF CONFIDENCE IN THE TECHNICAL MERITS OF THE POSITIONS TAKEN. FORM 990, PAGE 6, PART VI, LINE 11B THE FEDERAL FORM 990 IS REVIEWED BY THE BOARD VICE PRESIDENT PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS AND APPROVES ALL EXECUTIVE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS AND APPROVES ALL OTHER COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS AND OTHERS ARE AVAILABLE AT THE PROPERTY MANAGER'S OFFICES.