2025-08-12T15:59:52-05:00 2024-12-31 223480145 HOLMAN FRENIA ALLISON PC 1985 CEDAR BRIDGE AVENUE SUITE 3 LAKEWOOD NJ 08701 990 2024-01-01 222312124 MONMOUTH COUNCIL NO 9 CIVIL SERVICE ASSOC HOUSING CORPORATION MONM 7327743022 206-220 1ST AVENUE ASBURY PARK NJ 077126231 WENDY STOCKDALE SECRETARY/TREASURER 7327743022 2025-08-12 1 1 CRAIG R JOHNSON P00836358 7327971333 2025-08-12 2024 2025-03-06 01:10:19Z PETER AVAKIAN 206-220 FIRST AVENUE ASBURY PARK NJ 07712 4239182 0 X N/A X 1980 NJ LOW TO MODERATE INCOME HOUSING PROJECT 5 5 0 0 78276 77276 0 0 3677515 3665128 300572 368289 175032 168105 4153119 4201522 0 0 0 0 0 0 0 0 0 3323997 3554037 3323997 3554037 829122 647485 15223056 15882826 306033 223782 14917023 15659044 LOW TO MODERATE INCOME HOUSING PROJECT. 0 0 2938723 3754957 LOW TO MODERATE INCOME HOUSING PROJECT PROVIDING HOUSING FOR 220 TENANT UNITS. 2938723 1 0 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 0 0 0 0 1 13 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X DANIEL COUGHLIN 7327743022 206-220 FIRST AVENUE ASBURY PARK NJ 07712 X PETER AVAKIAN PRESIDENT 1.00 X X 0 0 0 JOHN NUGENT VICE PRESIDENT 1.00 X X 0 0 0 WENDY STOCKDALE SECRETARY/TREASURER 1.00 X X 0 0 0 TERESA MIRARCHI SECOND VICE PRESIDENT 1.00 X 0 0 0 0 0 0 0 0 0 0 CMC LIMITED INC 40 HUDSON STREET FREEHOLD NJ 07728 EMPLOYEE LEASING COMPANY 551016 CITY OF ASBURY PARK- TAX DEPARTMENT 1 MUNICIPAL PLZ 1 ASBURY PARK NJ 07712 PROPERTY TAXES 511524 MITCHELL INSURANCE COMPANY 29 TRINITY ST NEWTON NJ 07860 INSURANCE 233016 COUGHLIN MANAGEMENT 40 HUDSON STREET FREEHOLD NJ 07728 MANAGING AGENCY 221160 WAGNER MONITORING SERVICES INC 514 RIDGEWAY AVENUE SOUTH AMBOY NJ 08879 SECURITY 196184 5 SECTION 8 531110 2818109 2818109 APARTMENT RENTS 531110 2368699 2368699 VACANCY ADJUSTMENTS 531110 -1521680 -1521680 3665128 368289 368289 43061 37660 5401 5401 ROOFTOP SPACE LEASE 531110 78276 78276 OTHER INCOME 531110 68662 68662 LAUNDRY MACHINES 531110 13565 13565 2201 2201 162704 4201522 3754957 78276 368289 212161 212161 26887 26887 31850 31850 15704 15704 84696 84696 882005 881035 970 591427 589879 1548 253797 250035 3762 UBI TAX EXPENSE 16786 16786 LEASED SERVICES 675433 469297 206136 MAINTENANCE CONTRACTS 607328 607328 MAINTENANCE & REPAIRS 139192 139192 16771 1957 14814 3554037 2938723 615314 0 86332 191690 6033213 6093463 82890 69760 156330 130214 20431151 15199533 5114758 5231618 3749533 4166081 15223056 15882826 232125 149860 73908 73922 306033 223782 X 14917023 15659044 14917023 15659044 15223056 15882826 647485 94536 0 X 0 0 0 X 3399464 4251250 4276820 3677515 3665128 19270177 177369 141070 130356 98984 89829 637608 3576833 4392320 4407176 3776499 3754957 19907785 0 0 0 19907785 103422 89836 116622 300572 368289 978741 103422 89836 116622 300572 368289 978741 68748 71786 73886 76048 78276 368744 3749003 4553942 4597684 4153119 4201522 21255270 0.93660 0.94620 0.04600 0.03610 X 473577 473577 16862189 13020558 3841631 94944 71089 23855 2758621 2107886 650735 241820 241820 5231618 SECURITY DEPOSIT FUND 62444 REPAIRS & REPLACEMENT INVESTMENTS 4103637 4166081 TENANT SECURITY DEPOSITS 62444 PREPAID RENT 11478 73922 X 4358730 94536 25012 37660 157208 4201522 0 4201522 3616709 25012 37660 62672 3554037 0 3554037 PART X, LINE 2: AS REQUIRED BY THE ACCOUNTING STANDARDS CODIFICATION, THE CORPORATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE CORPORATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE CORPORATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. OTHER THAN NOTED PREVIOUSLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: STORE EXPENSE 37,660. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORE EXPENSE 37,660. FORM 990, PART VI, SECTION A, LINE 3 COUGHLIN MANAGEMENT COMPANY, INC. PROVIDES ONSITE MANAGEMENT SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD IS COMPRISED OF VOLUNTEER MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT COMPANY REVIEWS THE RETURN WITH THE PREPARER. THE RETURN IS THEN DISTRIBUTED TO THE GOVERNING BODY. A REASONABLE AMOUNT OF TIME IS ALLOWED FOR BOARD MEMBERS TO REVIEW THE RETURN. ONCE THAT TIME HAS PASSED, THE RETURN IS SIGNED BY AN AUTHORIZED BOARD MEMBER AND THE RETURN IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ADOPTED AT THE NOVEMBER 2010 BOARD MEETING. PER POLICY, THE VENDOR LISTS ARE REVIEWED PERIODICALLY WITH THE BOARD OF DIRECTORS TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. IF THERE ARE ANY CONFLICTS OF INTEREST WITH A SPECIFIC BOARD MEMBER, THE BOARD MEMBER WILL ABSTAIN FROM VOTING ON ANY APPROVALS FOR SUCH CONTRACTOR OR PAYMENT SUBMISSIONS. ANY POTENTIAL CONFLICT OF INTEREST IS DISCUSSED OPENLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL NO COMPENSATION IS PAID TO BOARD MEMBERS OR DIRECTORS. LINE 15B - COMPENSATION PROCESS FOR OFFICERS SEVERAL YEARS AGO, THE ORGANIZATION TERMINATED ALL EMPLOYEES AND REPLACED THEM WITH LEASED EMPLOYEES FROM A LEASING COMPANY. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE IRS FORM 1023, ANNUAL FINANCIAL STATEMENT, IRS FORMS 990 AND 990T AND THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION. IN ADDITION, THE ANNUAL FINANCIAL STATEMENT AND THE FORMS 990 AND 990T ARE AVAILABLE TO THE GENERAL PUBLIC ON THE INTERNET AT WWW.GUIDESTAR.ORG.