2019-11-14T20:31:00-06:00 2018-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2018-01-01 760709606 DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORPORATION DIEG 7182929222 298 CYPRESS AVENUE BRONX NY 10454 ARLINE PARKS VICE CHAIR & CEO 7182929222 2019-11-14 1 GARRETT M HIGGINS P00543209 9143818900 2019-11-13 65.51.112.58 2019-11-14 20:30:56 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2020-03-31 21:24:44Z ARLINE PARKS 298 CYPRESS AVENUE BRONX NY 10454 22514654 0 X WWW.DIEGOBEEKMAN.COM X 2001 NY THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW & MODERATE INCOME FAMILIES 6 5 110 5 0 0 0 180428 20087749 20334971 51934 122536 249530 1806681 20389213 22444616 0 0 0 0 4499063 4484954 0 0 0 13350677 14386176 17849740 18871130 2539473 3573486 43404491 47140504 31442083 32160371 11962408 14980133 THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING TO MODERATE INCOME FAMILIES 0 0 15158464 20334971 THE ORGANIZATION'S PURPOSE IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES. THE ORGANIZATION OWNS 38 BUILDINGS CONSISTING OF 1,238 APARTMENTS. 15158464 1 1 0 1 0 0 0 0 1 0 1 0 0 1 1 1 0 1 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 1 0 0 0 1 0 0 110 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X X ARLINE PARKS 7182929222 298 CYPRESS AVE BRONX NY 10454 ANDREW REICHER BOARD CHAIRMAN 1.00 1.00 X X 0 0 0 ARLINE PARKS VICE CHAIR & CEO 40.00 1.00 X X 180427 0 14928 CARMEN SANTOS SECRETARY 1.00 1.00 X X 0 0 0 JACKIE KRYGAR TREASURER 1.00 X X 0 0 0 JOHNINE JOHNSON DIRECTOR 1.00 X 0 0 0 PAUL PHILPS DIRECTOR 1.00 X 0 0 0 LUIS A RIVERA SECURITY DIRECTOR 40.00 X 116032 0 0 SHARON M HOLDER MANAGER 40.00 X 102532 0 4925 398991 0 19853 3 0 1 0 SKYLINE RESTORATION INC 49-28 31ST PLACE LONG ISLAND CITY NY 11101 CONSTRUCTION SERVICE 573143 SAFETY FACILITY SERVICES 5 W 37TH STREET 803 NEW YORK NY 10018 FACILITY MAINTENANCE SERVICES 491725 HERTZ CHERSON & ROSENTHAL PC 118-35 QUEENS BLVD 9TH FLOOR FOREST HILLS NY 113757200 LEGAL SERVICES 278808 PROLINE CONTRACTING GROUP INC 1954 PAULDING AVE BRONX NY 10462 GENERAL CONTRACTOR 250395 GENESIS ELECTRONICS 897B BLVD NEW MILFORD NJ 07646 MANUFACTURING AND REPAIR SERVICES 129812 6 180428 180428 RENTAL INCOME 531110 20334971 20334971 20334971 122536 122536 241033 70038 170995 170995 170995 INSURANCE PROCEEDS 900099 1490326 1490326 MISCELLANEOUS INCOME 900099 77356 77356 DAMAGES INCOME 900099 48280 48280 19724 19724 1635686 22444616 20334971 0 1929217 195355 142793 52562 2992314 2187206 805108 841903 615382 226521 455382 332858 122524 850000 850000 279285 279285 30000 30000 120000 120000 1679549 1639294 40255 3155 3155 416625 74418 342207 6669820 6669820 657 657 1375 1375 2348438 2348438 45406 45406 REPAIRS & MAINTENANCE 974919 974919 BAD DEBT EXPENSE 839674 839674 MISCELLANEOUS EXPENSE 60961 60961 VIOLATIONS 54176 54176 12136 12136 18871130 15158464 3712666 0 4291378 3343233 6080388 9186712 490418 1018292 114354 98724 988257 907675 44785235 20528860 23400702 24256375 8038994 8329493 43404491 47140504 908588 1637717 64862 36062 508084 487133 29892732 29933398 67817 66061 31442083 32160371 X 11962408 14980133 11962408 14980133 43404491 47140504 X 3573486 -555761 X X 0 1 X 1 1 1 X 278578 180428 459006 19503041 20020141 20282986 20087749 20334971 100228888 19781619 20020141 20282986 20087749 20515399 100687894 0 0 0 100687894 222548 186809 232002 285859 363569 1290787 222548 186809 232002 285859 363569 1290787 335806 42740 115991 82334 1635686 2212557 20339973 20249690 20630979 20455942 22514654 104191238 0.96640 0.98140 0.01240 0.01120 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 17,296. INSURANCE PROCEEDS - 2014 AMOUNT: $ 107,013. 2015 AMOUNT: $ 10,630. 2017 AMOUNT: $ 8,000. 2018 AMOUNT: $ 1,490,326. LAUNDRY INCOME - 2014 AMOUNT: $ 2,466. 2015 AMOUNT: $ 894. 2016 AMOUNT: $ 2,589. APPLICATION FEES - 2014 AMOUNT: $ 11,015. 2015 AMOUNT: $ 9,881. 2016 AMOUNT: $ 5,355. 2017 AMOUNT: $ 4,560. 2018 AMOUNT: $ 2,720. DAMAGES INCOME - 2014 AMOUNT: $ 62,720. 2015 AMOUNT: $ 17,003. 2016 AMOUNT: $ 29,896. 2017 AMOUNT: $ 37,033. 2018 AMOUNT: $ 48,280. TENANT SERVICES - 2014 AMOUNT: $ 10,728. 2015 AMOUNT: $ 4,332. 2016 AMOUNT: $ 2,368. 2017 AMOUNT: $ 4,713. 2018 AMOUNT: $ 725. REIMBURSEMENT INCOME - 2014 AMOUNT: $ 36,722. 2016 AMOUNT: $ 72,283. 2017 AMOUNT: $ 19,269. 2018 AMOUNT: $ 16,279. LEGAL REIMBURSEMENTS - 2014 AMOUNT: $ 87,846. MISCELLANEOUS INCOME - 2016 AMOUNT: $ 3,500. 2017 AMOUNT: $ 8,759. 2018 AMOUNT: $ 77,356. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 120000 120000 0 PART II-B, LINE 1: THE ORGANIZATION RETAINED KASIRER LLC TO PROVIDE, DEVELOP, AND IMPLEMENT A COMPREHENSIVE STRATEGIC PLAN TO OBTAIN SITE CONTROL OF CERTAIN CITY AND STATE OWNED PARCELS OF LAND NEEDED TO EXECUTE THE ORGANIZATION'S NEIGHBORHOOD DEVELOPMENT PLAN. 0 1 X 80 80 35616967 15088107 20528860 6429977 5000086 1429891 2738211 440667 2297544 24256375 TENANT SECURITY DEPOSIT 486378 UTILITY DEPOSIT 2450 ESCROW RESERVE 5792914 DUE FROM RELATED PARTY 2047751 8329493 ACCRUED INTEREST 66061 66061 X 22623325 178709 178709 22444616 0 22444616 19067292 196162 196162 18871130 0 18871130 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENTS. PART X, LINE 2: THE HOUSING COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE HOUSING COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE HOUSING COMPANY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM CONSOLIDATED ENTITY REPORTED IN FINANCIALS STATEMENTS 108,671. RENT EXPENSE REPORTED ON PART VIII, LINE 6B: 70,038. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM CONSOLIDATED ENTITY REPORTED IN FINANCIAL STATEMENTS 126,124. RENT EXPENSE REPORTED ON PART VIII, LINE 6B: 70,038. X X X 0 0 0 0 0 0 0 0 0 ARLINE PARKS VICE CHAIR & CEO 180427 0 0 0 0 0 0 0 14928 0 195355 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED WINNRESIDENTIAL, LLC TO PROVIDE MANAGEMENT AND BOOKKEEPING SERVICES. THESE SERVICES ARE DETAILED IN A FORMAL MANAGEMENT AGREEMENT. FOR THE YEAR ENDING DECEMBER 31, 2018, THE MANAGEMENT FEES WERE $850,000. NO MEMBER OF THE BOARD OF DIEGO BEEKMAN IS COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED IT IS ELECTRONICALLY SENT TO MANAGEMENT FOR REVIEW, AND THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS STATEMENT IS DIRECTED NOT ONLY TO DIRECTORS AND OFFICERS, BUT TO ANY AGENT AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE CORPORATION OR ITS BOARD OF DIRECTORS OR MAKE COMMITMENTS ON THEIR BEHALF THIS WOULD INCLUDE ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO MIGHT BE DESCRIBED AS "MANAGEMENT PERSONNEL, AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING ANY AFFAIRS OF THE CORPORATION EACH DIRECTOR, OFFICER, MANAGEMENT AGENT, MANAGEMENT EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE PARTY BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD'S EXECUTIVE COMMITTEE DETERMINES SALARY COMPENSATION FOR ARLINE PARKS, THE CEO. THE EXECUTIVE COMMITTEE USED THE CHARITY NAVIGATOR'S 2013 CEO COMPENSATION STUDY TO DETERMINE MS. PARK'S SALARY. THE APPROVAL WAS DOCUMENTED IN THE BOARD MINUTES OF THE MEETING AT 12/31/18. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THESE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATIONS CORPORATE OFFICE LOCATED AT 298 CYPRESS AVE, BRONX, NY 10454...OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 292-9222. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF FIXED ASSETS -555,761. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR. DIEGO BEEKMAN LOCAL DEVELOPMENT CORPORATION 298 CYPRESS AVENUE BRONX NY 10454 822119139 RELIEVING AND REDUCING UNEMPLOYMENT NY 501(C)(3) LINE 12A, I DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORP 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0