2023-05-09T09:21:06-05:00 2022-06-30 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2021-07-01 133660633 239 EAST 115TH STREET HOUSING DEVELOPMENT FUND CORPORATION 239E 2128608821 174 EAST 104TH STREET NEW YORK NY 10029 WALTER M ROBERTS EXECUTIVE DIRECTOR 2128608821 2023-05-08 1 WALTER ROBERTS 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2023-05-04 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WALTER M ROBERTS 174 EAST 104TH STREET NEW YORK NY 10029 2872574 0 X WWW.HOPECL.ORG X 1995 NY TO DEVELOP, OWN, MANAGE, AND PROVIDE HOUSING FOR LOW TO MODERATE INCOME INDIVIDUALS, AS WELL AS PROVIDE HOUSING AND REHABILITATION SERVICES TO HOMELESS FAMILIES. 14 14 0 12 0 0 0 0 2975844 2847032 4199 2210 8951 23332 2988994 2872574 0 0 0 0 0 0 0 0 0 3507651 3054973 3507651 3054973 -518657 -182399 11198215 11062910 9363503 9410597 1834712 1652313 TO DEVELOP, OWN, MANAGE, AND PROVIDE HOUSING FOR LOW TO MODERATE INCOME INDIVIDUALS, AS WELL AS PROVIDE HOUSING AND REHABILITATION SERVICES TO HOMELESS FAMILIES. 0 0 2876115 2870364 THE ORGANIZATION PROVIDES HOUSING TO INDIVIDUALS WITH LOW INCOME. 2876115 1 0 0 0 0 0 0 0 1 0 1 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 NY X WALTER M ROBERTS 2128608821 174 EAST 104TH STREET NEW YORK NY 10029 BRAD BECKSTORM VICE PRESIDENT 0.50 1.50 X X 0 0 0 CLAYTON BANKS DIRECTOR 0.50 1.50 X 0 0 0 GEMMA THOMAS DIRECTOR 0.50 1.50 X 0 0 0 MADISON BEDARD DIRECTOR 0.50 1.50 X 0 0 0 MARISSA MACK DIRECTOR 0.50 1.50 X 0 0 0 MAX MARKHAM DIRECTOR 0.50 1.50 X 0 0 0 MAYA KURIEN DIRECTOR 0.50 1.50 X 0 0 0 MICHAEL COLLAZO JR DIRECTOR 0.50 1.50 X 0 0 0 NIKKI MERKERSON DIRECTOR 0.50 1.50 X 0 0 0 PATRICK YOUNG SECRETARY/TREASURER 0.50 1.50 X X 0 0 0 STACY CRAWFORD DIRECTOR 0.50 1.50 X 0 0 0 WILLIAM OFENLOCH DIRECTOR 0.50 1.50 X 0 0 0 LORENZO CESARE DIRECTOR OF FINANCE 1.00 34.00 X 0 105957 0 WALTER M ROBERTS PRESIDENT 1.00 34.00 X 0 136611 6560 0 242568 6560 0 0 0 0 0 RENTAL INCOME 531110 2847032 2847032 2847032 2210 2210 23332 23332 23332 2872574 2870364 0 2210 944065 765207 178858 14750 14750 22595 22595 24750 24750 1327 1327 790751 790751 333223 333223 238025 238025 OPERATING & MAINTENANCE 324359 324359 BAD DEBTS 315076 315076 OTHER TAXES LICENSES FE 46052 46052 3054973 2876115 178858 0 1122370 747302 2058506 2057715 949888 1327935 180944 88340 12142212 5410440 6876775 6731772 9732 109846 11198215 11062910 208268 168140 53000 74244 181141 179186 8748688 8748688 172406 240339 9363503 9410597 X 1834712 1652313 1834712 1652313 11198215 11062910 -182399 0 X 0 1 X 1 0 X 2996195 2647676 2847008 2975844 2847032 14313755 2996195 2647676 2847008 2975844 2847032 14313755 0 0 0 14313755 11611 11116 5909 4199 2210 35045 11611 11116 5909 4199 2210 35045 14769 89554 8951 23332 136606 3022575 2658792 2942471 2988994 2872574 14485406 0.98820 0.98910 0.00240 0.00300 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2017 AMOUNT: $ 14,769. 2019 AMOUNT: $ 89,554. 2020 AMOUNT: $ 8,951. 2021 AMOUNT: $ 23,332. 1 0 858544 858544 11078583 5357904 5720679 137518 52536 84982 67567 67567 6731772 DUE TO AFFILIATE 240339 240339 X 2872574 0 2872574 0 2872574 3054973 0 3054973 0 3054973 PART IV, LINE 1B: THE ORGANIZATION MAINTAINS OPERATING RESERVE AND REPLACEMENT RESERVE ACCOUNTS WHICH ARE REQUIRED BY THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT. AS OF JUNE 30, 2022, THE OPERATING RESERVE HAD A BALANCE OF $837,015 AND THE REPLACEMENT RESERVE HAD A BALANCE OF $838,656. 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 YEARS ENDED JUNE 30, 2022 AND 2021. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. 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. INFORMATIONAL RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 CONTROL WAS DELEGATED TO HOPE COMMUNITY INC. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 WAS SUBMITTED TO ALL BOARD MEMBERS VIA US MAIL OR ELECTRONIC MAIL. PRIOR TO SUBMISSION TO THE IRS, THE 990 WAS APPROVED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. ANY QUESTIONS OR CONCERNS RAISED BY THE BOARD OF DIRECTORS ARE ADDRESSED TO THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRE ANNUAL CERTIFICATIONS BY ALL MEMBERS AND KEY MEMBERS OF MANAGEMENT. MEMBERS WITH CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM DELIBERATION AND VOTING ON CONFLICTED ISSUES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE NEW YORK STATE CHARITIES REGISTRATION BUREAU. MUSCOOTA INC 174 EAST 104TH STREET NEW YORK NY 10029 133371670 HOUSING SVCS NY 501(C)(2) HOPE COMMUNITY INC 0 RIOS SENIOR RESIDENCE HDFC 174 EAST 104TH STREET NEW YORK NY 10029 133738157 SR. HOUSING NY 501(C)(3) LINE 7 HOPE COMMUNITY INC 0 HOPE COMMUNITY INC 174 EAST 104TH STREET NEW YORK NY 10029 237013134 HOUSING SVCS NY 501(C)(3) LINE 7 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0