2018-03-22T13:52:51-05:00 2017-06-30 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2016-07-01 112290832 HANAC INC HANA 2128408005 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 JOHN p KAITERIS EXECUTIVE DIRECTOR/ceo 2128408005 2018-03-19 1 THOMAS LANNING P00851654 2122970400 2018-03-14 209.3.217.20 2018-03-19 15:41:57 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 90CC17281F34CD083B051E620E31C1B2A26173FC 2016 2021-01-29 14:40:06Z JOHN p KAITERIS 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 15073713 0 X www.hanac.org X 1972 NY TO DEVELOP, IMPLEMENT AND ADMINISTER THE OPERATION OF SERVICE PROGRAMS FOR THE BETTERMENT OF THE COMMUNITY. 10 10 466 300 0 0 10829960 11834051 693059 2517911 -1375 22319 199895 155443 11721539 14529724 0 0 0 0 7896204 8332486 0 0 102829 4389260 4716480 12285464 13048966 -563925 1480758 21039172 21309190 16517745 15271862 4521427 6037328 X TO DEVELOP, IMPLEMENT AND ADMINISTER VARIOUS SERVICES FOR THE BETTERMENT OF THE GENERAL COMMUNITY INCLUDING SOCIAL, EDUCATIONAL, EMPLOYMENT TRAINING, MENTAL HEALTH, CULTURAL, CHILD CARE, HOUSING, HOME CARE FOR SENIOR CITIZENS, AND YOUTH SERVICES, TO ANY AND ALL WHO ARE NEEDY WITHOUT DISCRIMINATION AS TO RACE, CREED, NATIONAL ORIGIN OR OTHER DEFINING CHARACTERISTIC, AND TO WORK CLOSELY WITH OTHER SERVICE PROVIDERS, THE CITY, STATE AND FEDERAL GOVERNMENT FOR THE BETTERMENT OF THE COMMUNITY. 0 0 3069261 1008755 AGING -THE HANAC SENIOR CENTERS OFFER CITIZENS, AGE 60 AND ABOVE, AN OPPORTUNITY TO GATHER IN A CONGENIAL ENVIRONMENT TO PARTICIPATE IN ACTIVITIES THAT WILL ENHANCE THEIR ABILITY TO REMAIN ACTIVE AND INVOLVED IN THEIR COMMUNITY. THE JVL SENIOR CENTER AND ITS SATELLITE THE ARCHBISHOP IAKOVOS SENIOR CENTER ARE YEAR ROUND PROGRAMS THAT OPERATE DAILY FROM 9 AM TO 4PM WITH SCHEDULED PROGRAMMING THAT OFFER MEMBERS ACTIVE INFORMAL AND PLANNED SOCIAL ACTIVITIES; THE OPPORTUNITY TO DEVELOP NEW FRIENDSHIPS, INTEREST, HOBBIES, AND EDUCATIONAL OPPORTUNITIES; REFERRALS FOR SOCIAL SERVICES; AND, A DAILY LUNCHEON PROGRAM. MEMBERS ARE ENCOURAGED TO PLAY AN ACTIVE ROLE IN PROGRAM PLANNING AND IN THE DAILY OPERATIONS OF THE CENTERS. THE ADVISORY COMMITTEE, AT EACH CENTER, IS COMPRISED OF SENIOR CITIZENS AND COMMUNITY LEADERS AND MEETS REGULARLY TO DISCUSS PROGRAMMATIC ISSUES AND TO FORMULATE NEW GOALS FOR THE PROGRAM. A STRONG EMPHASIS IS PLACED ON SERVICES TO THE FRAIL ELDERLY. THIS PROGRAM SERVICES ALMOST 50,000 MEALS ANNUALLY WITH 970 EDUCATIONAL/RECREATIONAL ACTIVITIES AND 12 NUTRITION CLASSES. THIS PROGRAM IS FUNDED THROUGH THE NEW YORK CITY DEPARTMENT FOR THE AGING; MEALS AND ACTIVITIES TO OVER 2,000 ELDERLY CLIENTS. 2710379 0 YOUTH SERVICES - PROVIDES AFTER SCHOOL PROGRAMS IN SCHOOLS, NYCHA'S ASTORIA HOUSING DEVELOPMENT AND ON SITE ON HANAC PROPERTY, TO ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS INCLUDING HOMEWORK HELP, TUTORING, ARTS AND CRAFTS, SPORTS AND CURRICULUM BASED PROGRAMMING AS WELL AS LITERACY PROGRAM TO STUDENTS IN NEED OF THESE SERVICES. YOUTH PROGRAMMING IS AVAILABLE FOR STUDENTS RELATED TO TRAINING AND JOB PLACEMENT . 1954797 1717810 RESIDENTIAL - THE WEATHERIZATION ASSISTANCE PROGRAM IS COMMITTED TO REDUCING HEATING AND ELECTRICAL COSTS WHILE INCREASING COMFORT FOR LOW-INCOME FAMILIES BY IMPROVING THE ENERGY EFFICIENCY OF THEIR HOMES. ONCE AN APPLICANT IS DEEMED ELIGIBLE, A COMPREHENSIVE ENERGY ANALYSIS OF THE APPLICANT'S HOME IS CONDUCTED. BASED ON THAT ANALYSIS AND THE FUNDS AVAILABLE, WEATHERIZATION MEASURES ARE INSTITUTED WHICH HAVE BEEN DETERMINED TO BE THE MOST COST-EFFECTIVE IN REDUCING THE APPLICANT'S ENERGY CONSUMPTION WHILE INCREASING THEIR COMFORT. 1156672 Adult Literacy program:- We offer English as a Second Language classes at 3 sites two times a week for 3 hours each. These classes are for non- English speaking people. English for Speakers of Other Languages classes are designed for immigrants seeking to improve their abilities to speak, understand, read and write the English language, classes are offered at the beginning, intermediate, and advanced levels.- We offer Adult Basic Education classes for adults who are proficient in English, but want to improve their basic reading, writing, and math skills and High School Equivalency Preparation classes to students who want to improve their reading, writing and math skills through the content areas of science, social studies and literature as examined on the High School Equivalency exam. These classes are for people who had dropped out of High School and never received their High School Diploma and who are attending these classes to prepare themselves to take the High School Equivalency Exam, pass the test and obtain their High School Equivalency Diploma. We offer these classes at 3 sites three times a week for 3 hours each.Workforce Innovation and Opportunity Act:- We have 10 English for Speakers of Other Languages classes offering Beginner to Advanced levels and 5 Adult Basic Education classes and High School Equivalency Preparation classes. - We service a total of 385 students which includes 160 Adult Basic Education classes and High School Equivalency Preparation classes students and 225 English for Speakers of Other Languages classes.Adult Literacy Education:- We have 9 English for Speakers of Other Languages classes offering Beginner to Advanced levels and 1 computer class. We service 270 students.Department of Youth and Community Development :- We have 8 English for Speakers of Other Languages classes offering Beginner to Advanced levels. We service 230 students. 929276 SOCIAL SERVICES - PROVIDES ASSISTANCE WITH ENTITLEMENTS INFORMATION AND REFERRAL SERVICES TO SENIORS, FAMILIES, INDIVIDUALS AND IMMIGRANTS. SERVICES RANGE FROM SENIOR ENTITLEMENTS, FAMILY COUNSELING, HOUSING, MEDICARE PART D, IMMIGRATION ASSISTANCE AND COUNSELING, CAREGIVERS SERVICES. 457679 SUBSTANCE ABUSE - PROGRAM IS A MEDICALLY SUPERVISED PROGRAM THAT PROVIDES SUBSTANCE ABUSE COUNSELING AND A SCHOOL COMPONENT THAT PROVIDES ON SITE WORKSHOPS AND ONE ON ONE COUNSELING TO STUDENTS. 481287 TRAINING AND EMPLOYMENT - PROVIDES JOB TRAINING AND PLACEMENT FOR LOW INCOME CLIENTS. SECURITY GUARD, CUSTOMER SERVICE AND GED CLASSED ARE PROVIDED. SOFT SKILLS ARE TAUGHT AND FOLLOW UP SERVICES SO THERE CAN BE RETENTION IN THE JOB PLACEMENTS. 3024914 10759351 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 75 0 1 466 1 0 0 0 0 0 1 1 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X Lola Maroulis 2128408005 49 West 45th Street 4th Floor New York NY 10036 ARTHUR CHELIOTIS Vice President 0.25 1.50 X X 0 0 0 Charles Capetanakis Member of the Board 0.25 X 0 0 0 Constantina Papageorgiou Member of the Board 0.25 X 0 0 0 Demetria Tsagaris Member of the Board 0.25 X 0 0 0 dennis yuelys member of the Board 0.25 0.10 X 0 0 0 Evangeline Douris chairperson 1.00 4.50 X X 0 0 0 George Mihaltses Member of the Board 0.25 0.10 X 0 0 0 Nicholas Tjartjalis Member of the Board 0.25 X 0 0 0 Nikitas Drakatos President 0.25 1.35 X X 0 0 0 Steve Plangetis Treasurer 0.25 1.35 X X 0 0 0 John P Kaiteris Executive Director/CEO 35.00 20.50 X 122929 19847 25059 Lola Maroulis Controller 35.00 3.45 X 118850 0 12670 Callie Tserpelis Dir. of Prg Opr. Dev. 28.00 7.00 X 86866 21916 12577 328645 41763 50306 2 0 1 0 A-1 State Inc 144-04 Liberty Ave Jamaica NY 11435 CONSTRUCTION MANAGMENT 373035 BAEZ HUGHES DEVELOPMENT CORPORATION 48 CARTHAGE ROAD SCARSDALE NY 10583 CONSTRUCTION MANAGMENT 122669 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 AUDIT AND TAX SERVICES 122650 3 252547 10674609 906895 11834051 developer fee 624200 1717810 1717810 client fees 624200 398973 398973 rental income 624200 173602 173602 medicaid 624200 157542 157542 private insurance 624200 42236 42236 27748 27748 2517911 18814 18814 425833 422328 3505 3505 3505 68450 252547 121661 -53211 -53211 expense reimbursement 900099 208654 208654 208654 14529724 2726565 0 -30892 282214 241406 40808 6484095 5521487 962608 64065 64016 49 681451 580069 101382 820661 742656 78005 6712 6712 129119 129119 2357 2357 525494 326629 189086 9779 24618 7250 892 16476 610732 508478 70744 31510 34442 34112 330 879268 643674 235594 263016 257038 2804 3174 1240 1240 168493 168493 177503 69438 108065 Program Materials 1266037 1264305 1732 Food 276695 276695 Repairs and maintance 145553 117137 27096 1320 Equipment 96046 85625 10421 109155 18096 50489 40570 13048966 10759351 2186786 102829 240962 596620 41740 30756 3020383 2419704 2795053 4383688 10551400 10551400 57256 6996 2761775 2045568 759000 716207 556823 271108 1089297 1647798 1927258 684913 21039172 21309190 2114380 1543902 2285965 2314475 11751400 10851400 366000 562085 16517745 15271862 X 4482017 6037328 39410 0 4521427 6037328 21039172 21309190 1480758 35143 0 X X 0 1 X 1 1 1 X 10096439 9485880 10454284 10829960 11834051 52700614 1797541 494531 410507 693059 2517911 5913549 11893980 9980411 10864791 11523019 14351962 58614163 6500 6250 5750 5750 5750 30000 0 6500 6250 5750 5750 5750 30000 58584163 26662 19297 18411 22400 18814 105584 26662 19297 18411 22400 18814 105584 148141 194322 415982 274833 277104 1310382 12068783 10194030 11299184 11820252 14647880 60030129 0.97590 0.92280 0.00180 0.00140 X Schedule A, Part III, Line 12, Explanation of Other Income: other - 2012 Amount: $ 130,321. 2013 Amount: $ 4,928. fundraising rev - 2012 Amount: $ 17,820. 2013 Amount: $ 30,100. 2014 Amount: $ 47,430. 2015 Amount: $ 50,750. 2016 Amount: $ 68,450. Payments from Affilates - 2014 Amount: $ 368,552. 2015 Amount: $ 224,083. Weatherization services - 2013 Amount: $ 104,485. Senior housing events - 2013 Amount: $ 54,809. EXPENSE REIMBURSEMENT - 2016 Amount: $ 208,654. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378516 239510 139006 38782 10667 28115 2344477 1795391 549086 716207 INVESTMENT IN LIMITED PARTNERSHIP 1647798 C 1647798 due to other related affiliates 562085 562085 X 19625678 35143 5060811 5095954 14529724 0 14529724 19777663 6766430 6766430 13011233 37733 37733 13048966 Part X, Line 2: HANAC has no unrecognized tax benefits as of June 30, 2017 and 2016. HANAC's Federal and state income tax returns prior to fiscal year 2014 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, HANAC will recognize interest and penalties associated with tax matters as general and administrative expenses in the consolidated and combined statements of activities and include accrued interest and penalties with the related tax liability in the consolidated and combined statements of financial position. There were no interest and penalties for the years ended June 30, 2017 and 2016, respectively. Part XI, Line 2d - Other Adjustments: HOUSING PROJECTS ExpenseS 4,881,843. AFFILIATED ENTITIES ExpenseS 2,233,418. AFFILIATED ENTITIES EliminationS -942,170. EliminationS -1,074,547. Special event expenses -37,733. Part XII, Line 2d - Other Adjustments: HOUSING PROJECTS ExpenseS 6,734,725. AFFILIATED ENTITIES ExpenseS 2,102,995. AFFILIATED ENTITIES EliminationS -942,170. EliminationS -1,129,120. Part XII, Line 4b - Other Adjustments: special event expenses 37,733. Annual Gala 320997 252547 68450 850 95721 17690 7400 320997 252547 68450 850 95721 17690 7400 121661 -53211 X X 0 0 0 0 0 0 0 0 0 John P Kaiteris Executive Director/CEO 122929 19847 0 0 0 0 1997 1015 22047 0 146973 20862 0 0 Form 990, Part VI, Section B, line 11b Form 990 IS prepared by A CPA firm from audited financial statements and trial balance as well as from Information the organization's controller provides In a tax organizer. The CPA firm furnishes a draft Form 990 which IS reviewed by the controller and management. After approval, the controller provides an electronic copy of Form 990 to the full board with an opportunity to review and coordinate any appropriate changes to Form 990 before It IS finalized and filed with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed and updated by management on an annual basis. All the board members and officers recommit annualy by signing that they have received and read the policy. Form 990, Part VI, Section B, line 15a The Executive Board evaluates the CEO's performance and also conducts a comparability review. They look at comparable salary of other non-profits of similar size located in the same area to determine. After the board determines an appropriate salary it is voted on. Form 990, Part VI, Section C, line 19 The documents are available Upon request. form 990, part xii, line 2c: the process has not changed from the prior year. george T douris hdfc 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 208032891 Affordable Housing NY 501(c)(3) Line 12a, I hanac inc 1 hanac corona hdfc 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 472930871 Affordable Housing NY 501(c)(3) Line 12a, I hanac inc 1 northwest queens housing corporation 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 133124192 Affordable Housing NY 501(c)(3) Line 10 hanac inc 1 spiti housing development fund company 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 133192504 Affordable Housing NY 501(c)(3) Line 10 hanac inc 1 spiti management company 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 113166843 Affordable Housing NY 501(c)(3) Line 12a, I hanac inc 1 thirty third street hdfc 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 262815097 Affordable Housing NY 501(c)(3) Line 12a, I hanac inc 1 HANAC ASTORIA REDEVELOPMENT ASSOCIATES LP 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 208030127 AFFORDABLE Housing NY N/A HANAC CORONA RESIDENCE LLC 49 WEST 45TH STREET 4TH FLOOR New york NY 10036 473000548 AFFORDABLE Housing NY N/A PCA DEVELOPMENT ASSOCIATES lp 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 262611609 AFFORDABLE Housing NY N/A spiti housing associates lp 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 275374815 AFFORDABLE Housing NY N/A 25-02 29th Street Corp 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 205967586 residential rental NY hanac inc C -494 1.00000 1 gtd parking inc 49 WEST 45TH STREET 4TH FLOOR new york NY 10036 900529789 parking garage NY hanac inc C 315888 40669 1.00000 1 sPITI HOUSING CORP 49 WEST 45TH STREET 4TH FLOOR NEW york NY 10036 275374675 residential rental NY N/A C 0 THIRTY ONE THIRTY HOUSING CORPORATION 49 WEST 45TH STREET 4TH FLOOR NEW york NY 10036 262611567 residential rental NY hanac inc C -282 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0