2026-02-06T15:01:16-06:00 2025-03-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-04-01 521061448 ST MARY'S COURT HOUSING DEVELOPMENT CORP STMA 2022235684 725 24TH STREET NW WASHINGTON DC 20037 EVAN S CARMEN TREASURER 2022235684 2026-02-06 1 1 JOSEPH CONNOLLY P01959750 2122862600 2026-01-29 2024 2025-03-06 01:10:19Z EVAN S CARMEN 725 24TH STREET NW WASHINGTON DC 20037 4708459 0 X WWW.STMARYSCOURT.ORG X 1976 DC TO PROVIDE AFFORDABLE HOUSING AND RELATED RESIDENT SERVICES TO THE ELDERLY. 12 12 0 13 25953 11026 2590155 2682941 898437 932053 -56160 612714 331707 44282 3764139 4271990 0 0 0 0 0 0 0 0 0 3720144 3784706 3720144 3784706 43995 487284 12515039 12443655 13365307 13059578 -850268 -615923 TO PROVIDE AFFORDABLE HOUSING AND RESIDENT SERVICES TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 3527429 0 932053 ST. MARY'S COURT HOUSING DEVELOPMENT CORPORATION WAS CHARTERED ON JUNE 22, 1976 UNDER THE LAWS OF THE DISTRICT OF COLUMBIA TO CONSTRUCT AND OPERATE AN APARTMENT COMPLEX OF 140 UNITS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT KNOWN AS ST. MARY'S COURT, IN WHICH LOW-INCOME HOUSING IS PROVIDED TO THE ELDERLY. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS. 3527429 1 1 0 0 0 0 0 0 1 0 1 0 0 0 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 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 DC X SPM LLC 2059331020 1103 RICHARD ARRINGTON JR BLVD S BIRMINGHAM AL 35205 X GERALD A PEREZ PMP PRESIDENT 0.30 X X 0 0 0 JANEL DOUGHTEN VICE PRESIDENT 0.30 X X 0 0 0 JOSEPH T HOWELL SECRETARY 0.30 X X 0 0 0 EVAN S CARMEN TREASURER 0.30 X X 0 0 0 RASHEEN CARBIN DIRECTOR 0.30 X 0 0 0 MICHELLE MCGRATH DIRECTOR 0.30 X 0 0 0 BREANA MOSS DIRECTOR 0.30 X 0 0 0 LAVERNE G NAUGHTON DIRECTOR 0.30 X 0 0 0 MARY PATRICIA OLIN DIRECTOR 0.30 X 0 0 0 THEODORE F PAGE JR DIRECTOR 0.30 X 0 0 0 MARGARET PULLY DIRECTOR, THRU 02/24/25 0.30 X 0 0 0 PETER SACCO DIRECTOR 0.30 X 0 0 0 REV WESLEY S WILLIAMS JR DIRECTOR 0.30 X 0 0 0 0 0 0 0 0 0 0 0 2661741 21200 2682941 RENTAL INCOME 531110 673488 673488 FOOD AND RESIDENT SVCS 531110 258565 258565 932053 212504 212504 836679 436469 400210 400210 400210 PARKING INCOME 812930 29910 25953 3957 TENANT CHARGES 531110 8141 8141 OTHER REVENUE 900099 6231 6231 44282 4271990 932053 25953 631043 130139 130139 5764 5764 47613 16800 30813 1561 1561 81145 81145 980847 980847 8002 147 7855 295095 295095 37918 37918 OUTSOURCED STAFF 904053 904053 MEAL SERVICES 616770 616770 REPAIRS & MAINTENANCE 491699 491699 RESIDENT EXPENSES 112916 112916 71184 71184 3784706 3527429 257277 0 151964 358618 2827924 1711445 212139 164282 12061683 7351470 4574604 4710213 4748408 5499097 12515039 12443655 239335 192998 1614 4675 45325 46743 13079033 12815162 13365307 13059578 X -850268 -615923 -850268 -615923 12515039 12443655 487284 -252939 0 X 0 1 X 0 1 1 X 2335376 2275257 2442488 2590155 2682941 12326217 2335376 2275257 2442488 2590155 2682941 12326217 12326217 21856 81472 128372 161628 212504 605832 6455 12043 18498 10736 12106 12955 314293 18329 368419 13318966 6617409 0.92550 0.93610 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: TENANT CHARGES - 2020 AMOUNT: $ 5,170. 2021 AMOUNT: $ 6,138. 2022 AMOUNT: $ 6,638. 2023 AMOUNT: $ 12,320. 2024 AMOUNT: $ 8,141. PARKING FEE - 2020 AMOUNT: $ 4,104. 2021 AMOUNT: $ 3,086. 2022 AMOUNT: $ 3,434. 2023 AMOUNT: $ 4,541. 2024 AMOUNT: $ 3,957. OTHER REVENUE - 2020 AMOUNT: $ 1,462. 2021 AMOUNT: $ 2,882. 2022 AMOUNT: $ 2,883. 2023 AMOUNT: $ 2,071. 2024 AMOUNT: $ 6,231. INSURANCE PROCEEDS - 2023 AMOUNT: $ 295,361. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 10069928 5803054 4266874 1090324 802940 287384 901431 745476 155955 4710213 X 4019051 -252939 -252939 4271990 0 4271990 3784706 0 3784706 0 3784706 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN ACCORDANCE WITH REGULATIONS. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31, 2022. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS MANAGED BY SPM, LLC, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE FEE IS 3.75% OF GROSS COLLECTIONS OF THE PROJECT. EFFECTIVE JANUARY 27, 2021, THE FEE WAS INCREASED TO 3.85% OF GROSS COLLECTIONS OF THE PROJECT PLUS AN ADDITIONAL $5 PER UNIT PER MONTH FOR ACCOUNTING/BOOKKEEPING SERVICES AND $5 PER UNIT PER MONTH FOR COMPUTER/OCCUPANCY SERVICES. MANAGEMENT FEES IN THE AMOUNT OF $130,139 WERE INCURRED DURING THE FISCAL YEAR. NONE OF THE ORGANIZATION'S OFFICERS LISTED IN PART VII WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 7A THE VESTRY OF ST. MARY'S EPISCOPAL CHURCH HAS THE POWER TO APPOINT THREE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE AND NO COMMITTEES WERE APPOINTED DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THE BOARD TREASURER PRIOR TO FILING WITH THE IRS. THE RETURN IS CIRCULATED TO THE BOARD AFTER IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.