2025-02-27T13:00:24-06:00 2024-06-30 231909723 MCKONLY & ASBURY LLP 415 FALLOWFIELD ROAD CAMP HILL PA 17011 990 2023-07-01 237447614 JAYCEE-HDC INC JAYC 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 BARRY WITMER PRESIDENT 2025-02-27 1 1 GARY J DUBAS P00252339 7177617910 2025-02-25 X 2023 2025-03-06 01:10:19Z RUOFF TOWER BARRY WITMER 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 2013957 0 X N/A X 1974 PA TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED. 10 10 0 0 0 0 1347988 1254906 687306 678756 4821 4823 0 75472 2040115 2013957 0 0 0 0 362394 320015 0 0 0 1274297 1403939 1636691 1723954 403424 290003 7455731 7541595 5770276 5566137 1685455 1975458 TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED. 0 0 1603142 736707 RUOFF TOWER'S PURPOSE IS TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS. RUOFF TOWER IS A 150-UNIT APARTMENT COMPLEX THAT IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS A SECTION 8 PROJECT. 1603142 1 1 0 0 0 0 0 0 0 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 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X HOUSING DEVELOPMENT CORPORATION 7172911911 8 WEST KING STREET SUITE 821 LANCASTER PA 176033824 X DONALD LONG PRESIDENT 0.50 X X 0 0 0 DANA HANCHIN VICE PRESIDENT 0.25 X X 0 0 0 DERRICK HERBERT TREASURER 0.25 X X 0 0 0 HARRY LOSHNOWSKY SECRETARY 0.25 X X 0 0 0 JOHN CHESTERS DIRECTOR 0.25 X 0 0 0 GEORGE RETTEW DIRECTOR 0.25 X 0 0 0 MICHAEL SEDOTI DIRECTOR 0.25 X 0 0 0 JAIME SHILLADY DIRECTOR 0.25 X 0 0 0 BEN VAN COUVERING DIRECTOR 0.25 X 0 0 0 BARRY WITMER DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 0 1254906 1254906 RENTAL INCOME 531110 678756 678756 678756 4823 4823 MISCELLANEOUS 900099 57951 57951 LAUNDRY/VENDING REVENU 900099 17521 17521 75472 2013957 736707 0 22344 212973 212973 86076 86076 20966 20966 110101 110101 361 361 10350 10350 5670 5670 4655 4655 526786 526786 268506 268506 284378 284378 95913 95913 SUPPORTIVE SERVICES 64896 64896 MISC ADMIN EXPENSES 19852 19852 TELEPHONE/INTERNET 8738 8738 MISC TAXES & INSURANCE 3133 3133 600 600 1723954 1603142 120812 0 148554 154797 41394 23598 31900 29223 12668597 7622675 5220298 5045922 2013585 2288055 7455731 7541595 21388 51750 4651 5528 5696985 5458311 47252 50548 5770276 5566137 X 1681376 1971927 4079 3531 1685455 1975458 7455731 7541595 290003 0 X 0 1 X 1 1 1 X 1218713 1286497 1256603 1347988 1254906 6364707 604346 625608 644771 687306 678756 3240787 1823059 1912105 1901374 2035294 1933662 9605494 0 0 0 9605494 20123 1456 9410 43183 4823 78995 20123 1456 9410 43183 4823 78995 75472 75472 1843182 1913561 1910784 2078477 2013957 9759961 0.98420 0.98990 0.00810 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 234908 234908 11524717 6811359 4713358 207237 109581 97656 6029 6029 0 695706 695706 0 5045922 RESERVE FOR REPLACEMENT 1210542 MORTGAGE INSURANCE (MIP) ESCROW 39545 REAL ESTATE TAX ESCROW 2 PROPERTY INSURANCE ESCROW 44268 DEBT SERVICE ESCROW SAVINGS 993698 2288055 TENANT SECURITY DEPOSIT 50548 50548 X 2013957 0 2013957 0 2013957 1723954 0 1723954 0 1723954 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) FOR EXEMPT FUNCTION REVENUES. THE ORGANIZATION ADHERES TO THE PROVISIONS OF FASB ASC 740, INCOME TAXES. FASB ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS CONCLUDED THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. FORM 990, PART VI, SECTION A, LINE 3 HDC MIDATLANTIC PROVIDES MANAGEMENT SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A 6 OF THE 11 BOARD OF DIRECTORS SHALL BE DESIGNATED BY HDC MIDATLANTIC AND ALL ELECTIONS OF DIRECTORS SHALL BE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS OF HDC MIDATLANTIC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE TREASURER, AND THE TREASURER APPROVES THE FORM 990 AND MAKES IT AVAILABLE TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS CONFLICT OF INTEREST POLICY WITH THE GOVERNING BODY PERIODICALLY AND EMPHASIZES THE IMPORTANCE OF DOCUMENTING ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. HOUSING DEVELOPMENT CORPORATION MIDATLANTIC 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 231861343 MANAGE AND DEVELOP AFFORDABLE HOUSING PA 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 HDC MIDATLANTIC M 110101 MANAGEMENT AGREEMENT