2022-05-09T10:16:36-05:00 2021-06-30 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2020-07-01 133738157 RIOS SENIOR RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION RIOS 2128608821 174 EAST 104TH STREET NEW YORK NY 10029 WALTER M ROBERTS EXECUTIVE DIRECTOR 2128608821 2022-05-06 1 WALTER ROBERTS 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2022-04-21 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WALTER M ROBERTS 174 EAST 104TH STREET NEW YORK NY 10029 1882162 0 X WWW.HOPECI.ORG X 1993 NY RENTAL HOUSING FOR ELIGIBLE ELDERLY LOW INCOME INDIVIDUALS 14 14 0 0 0 0 0 0 1788542 1879804 735 518 1115 1840 1790392 1882162 0 0 0 0 0 0 0 0 0 1939962 1659261 1939962 1659261 -149570 222901 5425383 5654902 10034824 10041442 -4609441 -4386540 RENTAL HOUSING FOR ELIGIBLE ELDERLY LOW INCOME INDIVIDUALS. 0 0 1480721 1881644 THE ORGANIZATION PROVIDES RENTAL HOUSING TO ELIGIBLE ELDERLY INDIVIDUALS WITH LOW INCOME UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 1480721 1 0 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 1 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 BOARD CHAIR 1.00 1.00 X X 0 0 0 CARLOS DIAZ DIRECTOR 1.00 1.00 X 0 0 0 CLAYTON BANKS DIRECTOR 1.00 1.00 X 0 0 0 GEMMA THOMAS DIRECTOR 1.00 1.00 X 0 0 0 MADISON BEDARD DIRECTOR 1.00 1.00 X 0 0 0 MARISSA MACK DIRECTOR 1.00 1.00 X 0 0 0 MAX MARKHAM DIRECTOR 1.00 1.00 X 0 0 0 MAYA KURIEN DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL COLLAZO JR SECRETARY 1.00 1.00 X X 0 0 0 NIKKI MERKERSON TREASURER 1.00 1.00 X X 0 0 0 PATRICK YOUNG VICE CHAIR 1.00 1.00 X X 0 0 0 STACY CRAWFORD DIRECTOR 1.00 1.00 X 0 0 0 VARUN SANYAL DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM OFENLOCH DIRECTOR 1.00 1.00 X 0 0 0 LORENZO CESARE DIRECTOR OF FINANCE 15.00 35.00 X 0 107514 0 WALTER M ROBERTS EXECUTIVE DIRECTOR 10.00 35.00 X 0 140627 10165 0 248141 10165 0 0 1 0 0 RENTAL INCOME 531110 1879804 1879804 1879804 518 518 TENANT CHARGES 531110 1840 1840 1840 1882162 1881644 0 518 303077 142933 160144 3594 3594 18396 18396 450 450 32059 32059 469454 469454 1108 1108 351822 351822 71746 71746 OPERATING AND MAINTENAN 207724 207724 SECURITY SERVICES 190118 190118 OTHER TAXES & PERMITS 7651 7651 BAD DEBTS 2062 2062 1659261 1480721 178540 0 111280 174730 394069 459094 9420 4979 417 52939 11530301 6568031 4909307 4962270 890 890 5425383 5654902 413038 406030 717 10748 32209 35804 9559000 9559000 29860 29860 10034824 10041442 X -4609441 -4386540 -4609441 -4386540 5425383 5654902 222901 0 X X 0 1 X 1 1 1 X 973233 1331523 1536796 1788542 1879804 7509898 973233 1331523 1536796 1788542 1879804 7509898 0 0 0 7509898 1053 1102 1146 735 518 4554 1053 1102 1146 735 518 4554 281187 2464 2751 1115 1840 289357 1255473 1335089 1540693 1790392 1882162 7803809 0.96230 0.95700 0.00060 0.00090 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TENANT CHARGES - 2019 AMOUNT: $ 1,115. 2020 AMOUNT: $ 1,840. MISCELLANEOUS INCOME - 2017 AMOUNT: $ 1,820. 2018 AMOUNT: $ 2,751. LAUNDRY AND VENDING REVENUE MISCELLANEOUS - 2016 AMOUNT: $ 281,187. 2017 AMOUNT: $ 644. 0 1 X 51000 51000 10672323 6311567 4360756 806978 256464 550514 4962270 X 1882162 0 1882162 0 1882162 1659261 0 1659261 0 1659261 PART IV, LINE 2B: TENANTS ARE REQUIRED TO PROVIDE A SECURITY DEPOSIT TO THE HOUSING COMPANY BASED ON THEIR LEASE AGREEMENT. THESE FUNDS ARE MAINTAINED IN BANK ACCOUNTS AND INVESTMENTS SEPARATE FROM THE HOUSING COMPANY'S ACCOUNTS. INTEREST EARNED ON THESE ACCOUNTS ARE CREDITED TO THE TENANTS ACCOUNTS. 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, 2021. 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. 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, TAX YEARS SINCE 2018 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 WALTER M ROBERTS EXECUTIVE DIRECTOR 0 140627 0 0 0 0 0 0 0 10165 0 150792 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE HOUSING COMPANY ENGAGED THE SERVICES OF REAL ESTATE MANAGEMENT AGENCY TO MANAGE THE DAY TO DAY OPERATIONS OF THE PROJECT. THE COMPANY THEY ENGAGED IS RELATED NOT-FOR-PROFIT ORGANIZATION. 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 THE HOUSING COMPANY MAINTAINS THESE DOCUMENTS AT THE MANAGING AGENT'S OFFICE. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW BY APPOINTMENT ONLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT. HOPE COMMUNITY INC 174 EAST 104TH ST NEW YORK NY 10029 237013134 HOUSING SERVICES NY 501(C)(3) LINE 7 N/A 0 MUSCOOTA INC 174 EAST 104TH ST NEW YORK NY 10029 133371670 HOUSING SERVICES NY 501(C)(2) HOPE COMMUNITY INC 0 239E 115TH ST HOUSING DEVELOPMENT 174 EAST 104TH ST NEW YORK NY 10029 133660633 HOUSING SERVICES NY 501(C)(3) LINE 7 HOPE COMMUNITY INC 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0