2024-06-17T14:01:09-05:00 2023-12-31 510232399 BELFINT LYONS AND SHUMAN PA 1011 CENTRE ROAD SUITE 310 WILMINGTON DE 19805 990 2023-01-01 510113243 INGLESIDE HOMES INC INGL 3025750250 1005 NORTH FRANKLIN STREET WILMINGTON DE 19806 LAWRENCE CESSNA PRESIDENT, CEO 3025750250 2024-05-09 1 LAWRENCE CESSNA 999009999 0 JONATHAN D MOLL CPA P01053700 3022250600 2024-05-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z LAWRENCE CESSNA 1005 NORTH FRANKLIN STREET WILMINGTON DE 19806 8632151 0 X WWW.INGLESIDEHOMES.ORG X 1975 DE INGLESIDE HOMES, INC. PROVIDES AFFORDABLE HOUSING AND HEALTHCARE SERVICES FOR LOW TO MODERATE INCOME SENIORS IN THE DELAWARE VALLEY. THE ORGANIZATION OFFERS SERVICES TO SENIORS AT ANY LEVEL OF INDEPENDENCE THROUGH ITS PROGRAMS THAT INCLUDE INGLESIDE RETIREMENT APARTMENTS, INGLESIDE ASSISTED LIVING, INGLESIDE SENIOR SERVICES, INGLESIDE HOME HEALTHCARE, AND THE ALLETTA LAIRD & ROBERT N. DOWNS CULTURAL CENTER. 9 9 181 20 0 0 550644 914694 6648711 7577380 55435 68781 88059 66366 7342849 8627221 87339 110177 0 0 4539057 4731352 0 0 158766 3236833 3610832 7863229 8452361 -520380 174860 17268370 17578836 13122974 13121870 4145396 4456966 X TO PROVIDE AFFORDABLE HOUSING AND HOME CARE SERVICES FOR LOW TO MODERATE INCOME SENIORS IN THE DELAWARE VALLEY THROUGH ITS PROGRAMS THAT INCLUDE INGLESIDE RETIREMENT APARTMENTS, INGLESIDE ASSISTED LIVING, INGLESIDE SENIOR SERVICES, INGLESIDE HOME CARE, AND THE ALLETTA LAIRD & ROBERT N. DOWNS CULTURAL CENTER. 0 0 4167196 99337 4288038 INGLESIDE RETIREMENT APARTMENTS - A 208-UNIT APARTMENT COMPLEX REGULATED UNDER SECTIONS 8 AND 236 OF THE NATIONAL HOUSING ACT THAT PROVIDES AFFORDABLE HOUSING TO ELDERLY AND LOW INCOME INDIVIDUALS. PROVIDED APPROXIMATELY 67,094 DAYS OF SHELTER DURING THE YEAR. 2665644 2651245 INGLESIDE ASSISTED LIVING - AN ASSISTED LIVING HOUSING FACILITY THAT OFFERS SENIORS THE ABILITY TO LIVE INDEPENDENTLY WITH ASSISTANCE. PROVIDED 18,087 DAYS OF CARE DURING THE YEAR. 635919 585295 INGLESIDE HOME CARE - PROVIDES COMPANION CARE AND PERSONAL ASSISTANCE SERVICES TO THE ELDERLY IN NEED. THE HOME CARE PROGRAM PROVIDES SERVICE TO ELDERLY CLIENTS IN THE AREAS OF PERSONAL CARE, COMPANIONSHIP, AND HOUSEKEEPING. THERE WERE 24,177 HOURS OF HOME CARE SERVICE PROVIDED DURING THE YEAR. THERE WERE 528 UNITS OF HOUSEKEEPING SERVICES AND 876 UNITS OF LAUNDRY SERVICES. 92476 10840 86782 INGLESIDE SENIOR SERVICES PROVIDES INFORMATION TO THE ELDERLY AT RISK COMMUNITY ABOUT AVAILABLE SERVICES INCLUDING FOOD SUPPLIES, HOME REPAIRS, HOME SAFETY, HOUSING, MEDICARE AND MEDICAID SERVICES. THE PROGRAM EDUCATED 3,156 SENIORS AT 50 PRESENTATIONS, MANAGED 22 CASES, PERFORMED HOME SAFETY ASSESSMENTS, 32 INSTANCES OF HOMELESSNESS WERE ADDRESSED USING CDBG HOMELESS PREVENTION FUNDS, AND 4 SENIORS WERE ASSISTED WITH HOME REPAIRS DURING 2023.THE ORGANIZATION ALSO SPONSORS AND MANAGES THE H. FLETCHER BROWN APARTMENTS LOW-INCOME HOUSING TAX CREDIT PROJECT. THIS PROJECT PROVIDES 35 ONE-BEDROOM APARTMENTS FOR LOW-INCOME SENIORS. IN 2023 H. F. BROWN APARTMENTS PROVIDED 12,684 NIGHTS OF SHELTER. REVENUE FROM THIS PROGRAM INCLUDES FEES RELATING TO H. FLETCHER BROWN APARTMENTS LP MANAGEMENT AND DEVELOPMENT. 92476 10840 86782 7561235 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 14 0 1 181 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MICHELE MCDONALD 3025750283 1005 NORTH FRANKLIN STREET WILMINGTON DE 19806 JIM GARRITY TRUSTEE, CHAIRMAN 1.00 X X 0 0 0 TIMOTHY S FERRY ESQ TRUSTEE, SECRETARY 1.00 X X 0 0 0 JASON P ROEBKE TRUSTEE 1.00 X 0 0 0 ROBERT ROGERS TRUSTEE, TREASURER 1.00 X X 0 0 0 PATTY RESNIK TRUSTEE, VICE CHAIR 1.00 X X 0 0 0 MAX FRIEDMAN TRUSTEE 1.00 X 0 0 0 EDMUND FOSU-LARYEA CPA TRUSTEE 1.00 X 0 0 0 DAVID ZERBATO ESQUIRE TRUSTEE 1.00 X 0 0 0 DIANE R CAMPANILE TRUSTEE 1.00 X 0 0 0 LAWRENCE CESSNA PRESIDENT, CEO 40.00 X 306875 0 24653 CATHY CESSNA DIRECTOR OF FUND DEVELOPME 40.00 X 129071 0 14037 SUSAN JONAS CONTROLLER 40.00 X 104174 0 5372 DENISE WILLIAMS EXECUTIVE DIRECTOR 40.00 X 132308 0 6024 672428 0 50086 4 0 1 0 PINNACLE FLOOR COVERINGS 112 AIRPORT RD 315 COATESVILLE PA 19320 FLOORING CONTRACTOR 124191 1 213201 701493 914694 RESIDENTIAL PROGRAM FE 623000 4180197 4180197 ASSISTED LIVING PROGRA 623000 2641293 2641293 HOME HEALTH CARE PROGR 621610 585295 585295 OTHER SENIOR SERVICE P 621990 125038 125038 MGMNT. AND SERVICE FEE 621990 45557 45557 7577380 73711 33980 39731 66366 0 66366 66366 66366 4930 -4930 -4930 -4930 8627221 7611360 0 101167 110177 110177 331528 192286 139242 3766547 3386570 246794 133183 69718 57533 6109 6076 270571 253193 8849 8529 292988 258915 24195 9878 17321 17321 38000 38000 7838 7838 351158 323779 27379 97803 97803 164276 124682 38494 1100 91134 53649 37485 925958 925878 80 27068 25868 1200 157933 157933 464795 438961 25834 253971 242790 11181 DIETARY PROGRAM SUPPLIE 549975 549975 BAD DEBTS 272740 272740 SOCIAL SERVICE PROGRAM 104078 104078 HOUSEKEEPING PROGRAM SU 55935 55935 30849 26293 4556 8452361 7561235 732360 158766 1900745 1682059 376316 395469 618633 864467 10760 123541 137890 16407282 11596792 4858662 4810490 62907 62852 534210 603391 6771826 6805806 2010770 2216412 17268370 17578836 683116 642878 120493 130865 94032 98923 11238247 11158007 987086 1091197 13122974 13121870 X 2199799 2266971 1945597 2189995 4145396 4456966 17268370 17578836 X 174860 63740 72970 X 0 1 X 1 1 1 X 484212 1567034 602712 550644 914694 4119296 6600827 7055023 6337887 6648711 7577380 34219828 7085039 8622057 6940599 7199355 8492074 38339124 75000 300000 235000 75000 620000 1305000 0 75000 300000 235000 75000 620000 1305000 37034124 113013 103796 146071 143494 140077 646451 113013 103796 146071 143494 140077 646451 7198052 8725853 7086670 7342849 8632151 38985575 0.94990 0.96300 0.01660 0.01670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 534210 69181 603391 621797 -79729 7858 534210 551178 78807 8188 621797 493549 64662 7033 551178 422744 77333 6528 493549 0.94000 0.06000 1 0 518000 518000 14313680 10212265 4101415 1376893 1201576 175317 198709 182951 15758 4810490 INVESTMENT IN AFFORDABLE HOUSING PROJECT 4879700 C DEFERRED NOTES AND ACCRUED INTEREST - AFFORDABLE HOUSING PROJECT 1926106 C 6805806 TENANT SECURITY DEPOSITS 98923 RETIREMENT APARTMENTS - INSURANCE ESCROW 35405 RETIREMENT APARTMENTS - RESERVE FOR REPLACEMENT 451699 ASSISTED LIVING FACILITY - OPERATING RESERVE 362958 ASSISTED LIVING FACILITY - RESERVE FOR REPLACEMENT 210590 ASSISTED LIVING FACILITY - INSURANCE RESERVE 28106 BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENT 855724 RETIREMENT APARTMENTS - RESIDUAL RECEIPTS 127799 RIGHT OF USE ASSET - OPERATING LEASE 45208 2216412 INTEREST PAYABLE 1043497 LEASE LIABILITY 47700 1091197 X 8656686 63740 72900 136640 8520046 7838 99337 107175 8627221 8345186 0 8345186 7838 99337 107175 8452361 PART IV, LINE 2B: THE ORGANIZATION CHARGES THE TENANTS OF INGLESIDE RETIREMENT APARTMENTS A SECURITY DEPOSIT. THESE FUNDS ARE MAINTAINED IN A SEPARATE ACCOUNT AND ARE NOT AVAILABLE FOR THE GENERAL OPERATIONS OF THE PROJECT. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUND IS A RESULT OF MULTIPLE GIFT INSTRUMENTS RESTRICTING THE ASSETS FROM THE GIFTS TO BE HELD IN PERPETUITY AS A BENEVOLENCE ENDOWMENT TO GENERATE INCOME TO SUPPORT CURRENT AND FUTURE PROGRAMS. PART X, LINE 2: INCOME NOT RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA IMPOSE A THRESHOLD FOR DETERMINING WHEN AN INCOME TAX BENEFIT CAN BE RECOGNIZED IN REGARD TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT NO LIABILITY FOR UNCERTAIN TAX POSITIONS IS REQUIRED TO BE ACCRUED AND INCLUDED IN THE STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 72,970. NET PASS-THROUGH LOSS ON INVESTMENT PARTNERSHIP -70. PART XI, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENCE 99,337. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENCE 99,337. 1 RENTAL ASSISTANCE 68 99337 BOOK INGLESIDE ASSISTS HIGH NEED TENANTS WITH THEIR MONTHLY SERVICE FEE. HOME REPAIR ASSISTANCE 4 10840 BOOK INGLESIDE ASSISTS HIGH NEED SENIORS WITH HOME REPAIRS. HOME REPAIR GRANTS ARE AWARDED IN ACCORDANCE WITH THE REGULATIONS APPLICABLE TO THE RELATED GRANTS RECEIVED TO FUND THE HOME REPAIR PROGRAM. PART I, LINE 2: THE ORGANIZATION ASSESSES TENANT NEED ANNUALLY AND DOCUMENTS EACH TENANT'S NEED PRIOR TO AWARDING ASSISTANCE. ASSISTANCE IS PROVIDED IN THE FORM OF A REDUCTION OF THE TENANT SERVICE FEE. INDIVIDUALS ARE ONLY ELIGIBLE WHEN THE ARE LIVING IN THE ORGANIZATION'S FACILITY. X X X 0 0 0 0 0 0 0 1 0 LAWRENCE CESSNA PRESIDENT, CEO 226875 0 80000 0 0 0 14240 0 10413 0 331528 0 0 0 PART I, LINE 7 BONUSES ARE AWARDED BASED ON PERFORMANCE AND ARE DETERMINED BY AN EVALUATION BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO THE FILING OF THE FORM 990 INGLESIDE HOMES, INC. DISTRIBUTES THE FORM 990 AND ALL SUPPORTING SCHEDULES TO THE BOARD OF TRUSTEES MEMBERS VIA EMAIL. INGLESIDE HOMES, INC. REQUESTS ALL TRUSTEES TO RESPOND CONFIRMING THAT THEY HAVE RECEIVED THE 990, AND REQUIRES THAT THEY REVIEW THE FORM WITHIN A SPECIFIED PERIOD OF TIME. IF COMMENTS ARE NOT RECEIVED WITHIN THE SPECIFIED PERIOD OF TIME, APPROVAL IS IMPLIED. FORM 990, PART VI, SECTION B, LINE 12C INGLESIDE HOMES, INC. REQUIRES THAT ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ANNUALLY SIGN A REPRESENTATION THAT ALL INTERESTS THAT COULD GIVE RISE TO CONFLICTS HAVE BEEN DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF TRUSTEES, ANNUALLY EVALUATES THE PRESIDENT (CEO) AND THE DEVELOPMENT DIRECTOR. THE EVALUATION OF THE DEVELOPMENT DIRECTOR BY THE EXECUTIVE COMMITTEE WAS IDENTIFIED AS BEING NECESSARY TO AVOID A CONFLICT OF INTEREST DUE TO A FAMILY RELATIONSHIP BETWEEN THE PRESIDENT (CEO) AND THE DEVELOPMENT DIRECTOR SINCE THE PRESIDENT (CEO) IS NORMALLY RESPONSIBLE FOR EVALUATING OTHER EMPLOYEES WITHIN THE ORGANIZATION. THE EXECUTIVE COMMITTEE COMPLETES WRITTEN EVALUATIONS FOR THE PRESIDENT (CEO) AND THE DEVELOPMENT DIRECTOR WITH INPUT FROM THE HR DIRECTOR. THE HR DIRECTOR ALSO PROVIDES INFORMATION ON COMPARATIVE SALARIES FOR THESE POSITIONS IN SIMILAR SIZED ORGANIZATIONS WITH EMPHASIS ON SENIOR HOUSING OPERATIONS. IN ADDITION, THE CHAIRMAN OF THE BOARD OF TRUSTEES PERSONALLY REVIEWS A DATABASE OF IRS FORM 990S TO PERFORM COMPENSATION COMPARISONS FOR THESE POSITIONS WITH OTHER SIMILAR ORGANIZATIONS WITHIN THE REGION. ANNUAL COMPENSATION FOR BOTH ARE DETERMINED BASED ON THE RESULTS OF THE PERFORMANCE EVALUATION AND COMPENSATION COMPARISON STUDIES, AS WELL AS ON THE INTERNAL MERIT INCREASE POOL FOR ALL OTHER INGLESIDE STAFF. FORM 990, PART VI, SECTION C, LINE 18 INGLESIDE HOMES' FORM 990 IS PUBLICALY AVAILABLE AT GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 INGLSIDE HOMES WILL BE POSTING A NOTICE ON THE ORGANIZATION'S WEBSITE INFORMING VISITORS THAT THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 72,970. INGLESIDE ASSISTED LIVING LLC 1605 NORTH BROOM STREET WILMINGTON DE 19806 203686812 AN ASSISTED LIVING FACILITY DE 2505564 3398861 INGLESIDE RETIREMENT APARTMENTS LLC 1005 NORTH FRANKLIN STREET WILMINGTON DE 19806 205995991 PROVIDES AFFORDABLE HOUSING TO ELDERLY LOW INCOME INDIVIDUALS. DE 4143702 3498033 H FLETCHER BROWN APARTMENTS LP 1005 N FRANKLIN ST WILMINGTON DE 19806 472774834 RENTAL REAL ESTATE DE INGLESIDE MANAGEMENT LLC RELATED 0 0 INGLESIDE MANAGEMENT LLC 1005 NORTH FRANKLIN STREET WILMINGTON DE 19806 815316112 RENTAL REAL ESTATE DE INGLESIDE HOMES INC C -70 4879427 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 H FLETCHER BROWN APARTMENTS LP D 1926106 LOANS TO LIHTC PROJECT H FLETCHER BROWN APARTMENTS LP E 104870 DEVELOPER FEE RECEIVABLE