2016-03-15T14:57:22-05:00 2014-12-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2014-01-01 161462012 EMPIRE HOUSING AND DEVELOPMENT CORP EMPI 3154257775 643 PARK AVENUE SYRACUSE NY 13204 ROBERT SEKOWSKI CO-EXECUTIVE DIRECTOR 3154257775 2016-03-10 1 LORI A CIARLA P01278148 3154719171 2014 2016-08-17 19:52:53Z X 643 PARK AVENUE SYRACUSE NY 13204 441555 0 X WWW.EMPIREHOUSING.ORG X 1995 NY PROVIDE COMMUNITY REVITALIZATION EFFORTS AND HOUSING FOR LOW INCOME TENANTS AND HOME BUYERS IN URBAN AREAS. 11 9 3 0 0 0 91475 87912 290928 337450 2 1 1477 7215 383882 432578 0 0 0 0 149839 136036 0 0 0 265865 381617 415704 517653 -31822 -85075 766759 467926 621497 407739 145262 60187 DEVELOPMENT OF AFFORDABLE HOUSING AND COMMUNITY REVITALIZATION EFFORTS. 0 0 163776 168650 COST OF ACQUISITION OF SUBSTANDARD PROPERTIES AND MANAGING THE RENOVATIONS OF THESE PROPERTIES. 84250 176015 ASSISTING INDIVIDUALS AND OTHER ENTITIES OBTAIN AFFORDABLE HOUSING CORPORATION LOANS FOR DEVELOPMENT OF AFFORDABLE HOUSING. 248026 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 1 1 1 0 0 0 1 18 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X WILLIAM DEMARLE 3154257775 643 PARK AVENUE SYRACUSE NY 13204 VINCENT SPINA PRESIDENT 1.00 X X 0 0 0 JAMES SPENCER VICE PRESIDENT 1.00 X X 0 0 0 JULIE NELSON SECRETARY 1.00 X X 0 0 0 RICHARD DRISCOLL DIRECTOR 1.00 X 0 0 0 JOSEPH RUSSO DIRECTOR 1.00 X 0 0 0 SHELDON ASHKIN DIRECTOR 1.00 X 0 0 0 JENNINE YONTA DIRECTOR 1.00 X 0 0 0 TESS SCHAUFLER DIRECTOR 1.00 X 0 0 0 NANCY POLLARD DIRECTOR 1.00 X 0 0 0 WILLIAM DEMARLE CO-EXECUTIVE DIRECTOR 40.00 X X 98500 0 0 ROBERT SEKOWSKI CO-EXECUTIVE DIRECTOR 40.00 X X 98500 0 0 197000 0 0 0 0 0 0 ONONDAGA BUILDERS INC 7747 RIVER ROAD BALDWINSVILLE NY 13027 CONSTRUCTION 337992 TKTD GENERAL CONTRACTING INC 1200 EAST FAYETTE STREET SYRACUSE NY 13210 CONSTRUCTION 273901 2 87912 87912 CONSULTING INCOME 531390 176015 176015 DEVELOPMENT INCOME 531390 161435 161435 337450 1 1 16192 8977 7215 7215 7215 432578 344665 0 1 110886 110886 12115 12115 4484 4484 8551 8551 18388 18388 1083 1083 5349 5349 9380 9380 1697 1697 9668 9668 8954 8954 5078 5078 COST OF SALES - DEVELOP 163776 163776 COST OF SALES - CONSULT 84250 84250 CLOSED PROJECT COSTS 72361 72361 EQUIPMENT RENTAL 1633 1633 517653 248026 269627 0 207638 71240 72237 45568 1224 991 257558 148801 117711 108757 367949 241370 766759 467926 31727 55991 269551 236526 320219 115222 621497 407739 X 145262 60187 145262 60187 766759 467926 -85075 0 X X 0 1 X 1 0 X 289011 103388 268865 91475 87912 840651 394877 430772 602952 303070 337450 2069121 683888 534160 871817 394545 425362 2909772 0 0 0 2909772 7 5 7 2 1 22 7 5 7 2 1 22 683895 534165 871824 394547 425363 2909794 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 248875 140118 108757 8398 8398 0 285 285 0 108757 ADVANCE ON FUTURE PROJECTS 81295 COST IN EXCESS OF BILLING 160075 241370 ACCRUED EXPENSES 15000 BILLING IN EXCESS OF COST 28502 UNEARNED PROJECT INCOME 70920 TENANT SECURITY DEPOSITS 800 115222 X 441555 8977 8977 432578 0 432578 526630 8977 8977 517653 0 517653 PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 8,977. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 8,977. HEADING OF RETURN - AMENDED RETURN AFTER COMPLETION OF THE AUDIT, IT WAS NOTED THAT CERTAIN ITEMS IN THE 990 MUST BE AMENDED. THE FOLLOWING PARTS AND SCHEDULES WERE AMENDED: PART I PART III, QUESTION 4 PART IV PART VIII PART IX PART X PART XI SCHEDULE A, PART III SCHEDULE D, PART IX, X, XI, AND XII SCHEDULE R, PART I, II AND V FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE BOARD IN DRAFT FORM DURING THE ANNUAL AUDIT REVIEW. THE SUPPLEMENTAL NARRATIVE IS FINALIZED AND PRESENTED TO THE BOARD FOR FINAL APPROVAL DURING A SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE PREPARED WHEN HIRED AND UPDATED ON AN ANNUAL BASIS. THE BOARD AS WELL AS ALL STAFF, VOLUNTEERS AND CLIENTS IN OUR SAFE AND SUPPORTIVE HOUSING PROGRAM ARE ALSO REQUIRED TO UPDATE ITS CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE CO-EXECUTIVE DIRECTORS SALARIES ARE BOTH BUDGETED AND THEN APPROVED BY THE THE BOARD OF DIRECTORS DURING THE COMPANY'S ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE 990 AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG OR UPON REQUEST IN THE MAIN OFFICE. ALL GOVERNING DOCUMENTS AND POLICES ARE ALSO AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. 212 TOWNSEND ASSOCIATES LLC (47-2571787) 643 PARK AVENUE SYRACUSE NY 13204 161462012 DEVELOP,CONSTRUCT & MANAGE HOUSING PROJECTS FOR PERSONS WITH LOW INCOME NY 0 0 EMPIRE HOUSING AND DEVELOPMENT CORP TOWNSEND HOME HOUSING DEVELOPMENT FUND COMPANY INC 643 PARK AVENUE SYRACUSE NY 13204 472619608 TO PROVIDE HOUSING DEVELOPMENT PROJECTS FOR LOW INCOME PERSONS NY 501 (C) APPLICATION PENDING EMPIRE HOUSING AND DEVELOPMENT CORP 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOWNSEND HOME HOUSING DEVELOPMENT FUND COMPANY INC D 1250000 FAIR VALUE