2026-03-17T00:18:48-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2024-07-01 061627260 WALTER S BROOKS ELDERLY HOMES AT ORMONT COURT INC %THE COMMUNITY BUILDERS INC WALT 8572218600 33 ARCH STREET STE 1000 10TH FL BOSTON MA 02110 D MORGAN WILSON DIRECTOR 8572218600 2026-03-15 1 1 JOLANTA TUCK P01340068 7813803520 2026-03-03 2024 2025-03-06 01:10:19Z BISHOP THEODORE BROOKS 33 ARCH STREET STE 1000 10TH FL BOSTON MA 02110 302518 0 X N/A X 2001 CT PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY 6 6 0 6 0 0 242119 239105 60713 61371 1362 1124 728 918 304922 302518 0 0 0 0 0 0 0 0 0 290819 293958 290819 293958 14103 8560 1264062 1271013 118275 116666 1145787 1154347 PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 0 0 267905 62289 PROVIDE LOW INCOME ELDERLY PERSONS WITH AFFORDABLE HOUSING FACILITIES, AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. 267905 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 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 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 CT X D MORGAN WILSON 8572218600 C/O TCB INC 33 ARCH STREET STE 1000 BOSTON MA 02110 X BISHOP THEODORE BROOKS PRESIDENT, EXECUTIVE DIRECTOR 0.10 X X 0 0 0 DARRELL BROOKS DIRECTOR, VICE PRESIDENT 0.10 X X 0 0 0 D MORGAN WILSON DIRECTOR 0.10 X 0 0 0 IRRITA OSBORN DIRECTOR 0.10 X 0 0 0 ANDREA JACKSON BROOKS DIRECTOR 0.10 X 0 0 0 MILTON ANDERSON DIRECTOR 0.10 X 0 0 0 0 0 0 0 0 0 0 0 239105 239105 TENANT RENTAL INCOME 531110 61371 61371 61371 1124 1124 LAUNDRY & VENDING REVE 531110 918 918 918 302518 62289 0 1124 X 15741 15741 130 130 10312 10312 32108 32108 7835 7835 161520 161520 308 308 49003 49003 RESIDENT SERVICES 16410 16410 BAD DEBTS 591 591 293958 267905 26053 0 21890 26269 3047 2340 8254 9500 1833926 937439 926128 896487 304743 336417 1264062 1271013 64610 59964 123 747 3761 3656 10614 49781 41685 118275 116666 X 1145787 1154347 1145787 1154347 1264062 1271013 8560 0 X 0 1 X 1 1 1 X 128711 123221 167645 242119 239105 900801 49796 50566 55435 60713 61371 277881 178507 173787 223080 302832 300476 1178682 0 0 0 1178682 118 39 812 1362 1124 3455 118 39 812 1362 1124 3455 429 1356 308 728 918 3739 179054 175182 224200 304922 302518 1185876 0.99390 0.99460 0.00290 0.00220 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY VENDING - 2020 AMOUNT: $ 429. 2021 AMOUNT: $ 1,356. 2022 AMOUNT: $ 308. 2023 AMOUNT: $ 728. 2024 AMOUNT: $ 918. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 6000 6000 1817729 927954 889775 10197 9485 712 896487 TENANT DEPOSITS 4296 ESCROW DEPOSITS 4307 REPLACEMENT RESERVE 327814 336417 X 302518 0 302518 0 302518 293958 0 293958 0 293958 PART IV, LINE 2B: THE CORPORATION HAS A POLICY TO COLLECT SECURITY DEPOSITS OF UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES. PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2025. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, FISCAL YEARS SINCE 2022 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 2 THREE OF THE BOARD MEMBERS ARE FAMILY MEMBERS. THE ORGANIZATION IS NAMED AFTER THE LATE WALTER S. BROOKS, A FIVE-TERM CONNECTICUT STATE REPRESENTATIVE. BISHOP THEODORE BROOKS IS HIS BROTHER, ANDREA JACKSON-BROOKS IS HIS WIDOW, AND DARRELL BROOKS IS HIS THE SON OF BISHOP THEODORE BROOKS. FORM 990, PART VI, SECTION A, LINE 3 THE COMMUNITY BUILDERS, INC. (TCB) SERVES AS THE MANAGEMENT AGENT FOR THE PROJECT. THE MANAGEMENT FEE IS CALCULATED AT 5.21% OF RESIDENTIAL INCOME COLLECTED. THE MANAGEMENT AGREEMENT IS IN EFFECT UNTIL CANCELED BY HUD, THE CORPORATION OR THE MANAGEMENT AGENT. DURING THE YEAR ENDED JUNE 30, 2025, MANAGEMENT FEES OF $15,741 WERE INCURRED. FORM 990, PART VI, SECTION B, LINE 11B AN OFFICER OF THE MANAGEMENT COMPANY REVIEWS THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL OF ITS GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND FORM 990S AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 32,108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,108.