2017-02-09T15:26:01-06:00 2016-09-30 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2015-10-01 061475666 THE CARPENTER HOUSING DEVELOPMENT FUND CO INC CARP 3154241821 990 JAMES STREET SYRACUSE NY 13203 RONALD WHITE PRESIDENT 3154241821 2017-01-11 1 DAVID J DE SILVA P00005255 3154719171 2015 2021-01-29 14:40:06Z RONALD WHITE 990 JAMES STREET SYRACUSE NY 13203 275643 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1997 NY LOW INCOME HOUSING PROJECT 6 6 4 0 0 0 0 0 268322 271407 862 1221 3933 3015 273117 275643 0 0 0 0 106366 113550 0 0 0 206870 197243 313236 310793 -40119 -35150 1798490 1759980 2606714 2603354 -808224 -843374 THE CORPORATION WAS ORGANIZED SOLEY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NON-PROFIT BASIS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 0 0 161838 271407 THE CORPORATION OPERATES A 40-UNIT LOW INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT & ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF NEW YORK. 161838 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 3 0 1 4 1 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER COMMUNITY INC 3154241821 990 JAMES STREET SYRACUSE NY 13203 X RONALD WHITE PRESIDENT 1.00 X X 0 0 0 JOSEPH BRAUNSCHEIDEL VICE-PRESIDENT 1.00 X X 0 0 0 MARK DWORSKY TREASURER 1.00 X X 0 0 0 ROCCO PICARAZZI SECRETARY 1.00 X X 0 0 0 JULIE ELWOOD BOARD MEMBER 1.00 X 0 0 0 JOHN MCCRACKEN BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME, NET 531110 271407 271407 271407 1221 1221 LAUNDRY/VENDING REVENU 812300 2713 2713 MISCELLANEOUS REVENUE 900099 302 302 3015 275643 271407 0 4236 87068 2881 84187 19650 19650 6832 6832 37706 37706 11857 11857 762 762 15757 6108 9649 16049 16049 1062 1062 75247 75247 11907 11907 EQUIPMENT RENTAL & MAIN 16316 16316 TRASH REMOVAL 4469 4469 MISC ADMIN EXPENSES 3732 3732 SNOW REMOVAL 1584 1584 795 795 310793 161838 148955 0 1257 5996 3699 210 3415 4650 2742344 1238032 1562120 1504312 227999 244812 1798490 1759980 8319 3725 2587000 2587000 11395 12629 2606714 2603354 X -808224 -843374 -808224 -843374 1798490 1759980 -35150 0 X 0 1 X 0 1 1 X 241436 241802 267856 268322 271407 1290823 241436 241802 267856 268322 271407 1290823 0 0 0 1290823 2989 1411 879 862 1221 7362 2989 1411 879 862 1221 7362 4263 4240 4029 3933 3015 19480 248688 247453 272764 273117 275643 1317665 0.97960 0.97860 0.00560 0.00710 X 68000 68000 2610101 1192659 1417442 4548 4048 500 59695 41325 18370 1504312 TENANT SECURITY DEPOSITS 12629 ESCROW FUNDS 51192 RESERVE FOR REPLACEMENTS 166671 RESIDUAL RECEIPTS RESERVE 14320 244812 TENANT SECURITY DEPOSITS 12629 12629 X 275643 0 275643 0 275643 310793 0 310793 0 310793 PART X, LINE 2: THE CORPORATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE CORPORATIONS EXEMPT STATUS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE VP OF FINANCE FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.