2026-06-13T13:45:20-05:00 2025-09-30 223480145 HOLMAN FRENIA ALLISON PC 1985 CEDAR BRIDGE AVENUE SUITE 3 LAKEWOOD NJ 08701 990 2024-10-01 237242529 OYSTER BAY URBAN RENEWAL INC OYST 7322642711 50 BEERS STREET KEYPORT NJ 07735 JOSEPH E CAREY PRESIDENT 7322642711 2026-06-13 1 1 CRAIG R JOHNSON P00836358 7327971333 2026-05-26 2024 2025-03-06 01:10:19Z JOSEPH E CAREY 50 BEERS STREET KEYPORT NJ 07735 4295286 0 X COUGHLINMGT.COM/OYSTER-BAY X 1972 NJ THE PURPOSE OF THE CORPORATION IS TO BUILD AND OPERATE LOW AND MODERATE INCOME HOUSING UNDER A SECTION 236 INTEREST REDUCTION PROGRAM FOR 208 UNITS. 5 5 9 0 23940 22940 2623792 0 1472259 4160361 124018 110139 29692 24786 4249761 4295286 0 0 0 0 0 0 0 0 0 3551107 3815570 3551107 3815570 698654 479716 24121062 24519500 15316325 15182983 8804737 9336517 THE PURPOSE OF THE CORPORATION IS TO BUILD AND OPERATE LOW AND MODERATE INCOME HOUSING UNDER A SECTION 236 INTEREST REDUCTION PROGRAM FOR 208 UNITS. 0 0 3310045 4161207 TO HELP PROVIDE AFFORDABLE RESIDENT SENIOR HOUSING. 3310045 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 7 0 1 9 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X THE ORGANIZATION 7322642711 50 BEERS STREET KEYPORT NJ 07735 X JOSEPH E CAREY PRESIDENT 1.00 X X 0 0 0 CHRIS BURNS VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL WALLING SECRETARY/TREASURER 1.00 X X 0 0 0 CYNTHIA WEBER DIRECTOR 1.00 X X 0 0 0 KENNETH MARR JR DIRECTOR 1.00 X X 0 0 0 0 0 0 0 0 0 0 CMC LIMITED INC PO BOX 266 ADELPHIA NJ 07710 EMPLOYEE LEASING 525080 JCPL 101 CRAWFORDS CORNER ROAD HOLMDEL NJ 07733 UTILITIES 267630 COUGHLIN MANAGEMENT COMPANY PO BOX 266 ADELPHIA NJ 07710 PROPERTY MANAGEMENT 190620 3 SECTION 8 RENTAL ASSIS 531110 2724989 2724989 TENANT RENTS 900099 1545451 1545451 ANTENNA RENTAL 900099 23940 23940 EXCESS RENTS 900099 1920 1920 LESS: RENTAL CONCESSIO 900099 -16435 -16435 -119504 -119504 4160361 110139 110139 LAUNDRY 812300 22850 22850 OTHER INCOME 900099 1936 1936 24786 4295286 4161207 23940 110139 175868 175868 6066 6066 39760 25000 14760 31619 31619 24163 3167 20996 787169 779297 7872 508679 503592 5087 429151 424859 4292 TAX PAYMENTS 5071 5071 LEASED EMPLOYEES 619799 392392 227407 UTILITES 491871 486952 4919 MAINTENANCE CONTRACTS 344532 344532 351822 318635 33187 3815570 3310045 505525 0 372697 119266 5594 493411 126804 181152 23863758 8119320 16042574 15744438 3743908 4189852 3829485 3791381 24121062 24519500 78008 132802 15099468 14916658 138849 133523 15316325 15182983 X 6051613 6522694 2753124 2813823 8804737 9336517 24121062 24519500 479716 52064 0 X 0 1 X 1 1 1 X 913463 2501409 2623792 6038664 3282654 3861709 1375082 1478011 4161207 14158663 4196117 3861709 3876491 4101803 4161207 20197327 0 0 0 20197327 2203 21500 124018 110139 257860 2203 21500 124018 110139 257860 22800 22800 23425 23940 23940 116905 4221120 3884509 3921416 4249761 4295286 20572092 0.98180 0.98600 0.01250 0.00810 X 171185 171185 22363468 7709654 14653814 708425 169992 538433 620680 239674 381006 15744438 INSURANCE ESCROW 266604 REAL ESTATE TAX ESCROW 29686 RESERVE FOR REPAIRS AND REPLACEMENTS 2813823 PRIORITY RESERVE 51226 RESTABILIZATION RESERVE 487714 TENANT SECURITY DEPOSIT FUND 135828 ATTORNEY ESCROW 6500 3791381 TENANT SECURITY DEPOSITS 133523 133523 X 4347350 52064 52064 4295286 0 4295286 3815570 0 3815570 0 3815570 PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION IS REQUIRED TO FILE FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARDS FOR UNCERTAIN TAX POSITIONS. THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION DOES DELEGATE CONTROL TO COUGHLIN MANAGEMENT COMPANY IN REGARDS TO PROPERTY MANAGEMENT AND FOR EMPLOYEES THEY DELEGATE THIS TO CMC LIMITED, INC. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS MEET TO REVIEW AND APPROVE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PER THE CONFLICT-OF- INTEREST 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 SUBMISSION. ANY POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED OPENLY AT BOARD MEETINGS. AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM IS ALSO FILED BY EACH BOARD MEMBER ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE IRS FORM 1023, ANNUAL FINANCIAL STATEMENT, IRS FORM 990 AND THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE ORGANIZATION. IN ADDITION, THE ANNUAL FINANCIAL STATEMENT AND FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC ON THE INTERNET AT WWW.GUIDESTAR.ORG.