2014-02-13T11:43:23-06:00 2013-09-30 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2012-10-01 061475666 THE CARPENTER HOUSING DEVELOPMENT FUND CO INC CARP 3154241821 990 JAMES STREET SYRACUSE NY 13203 RONALD WHITE 3154241821 2014-01-10 1 DAVID J DE SILVA P00005255 3154719171 2012 2015-11-30 17:44:51Z RONALD WHITE 990 JAMES STREET SYRACUSE NY 13203 247453 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1997 NY LOW INCOME HOUSING PROJECT 6 6 3 0 0 0 0 0 241436 241802 2989 1411 4263 4240 248688 247453 0 0 0 0 94934 100121 0 0 0 189174 201545 284108 301666 -35420 -54213 1940636 1879396 2611392 2604365 -670756 -724969 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 168673 241802 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. 168673 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 5 0 1 3 1 0 0 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 STEVE AVERY 1.00 X 0 0 0 BRIDGET STEED 1.00 X 0 0 0 RONALD WHITE 1.00 X X 0 0 0 JOSEPH BRAUNSCHEIDEL 1.00 X X 0 0 0 MARK DWORSKY 1.00 X X 0 0 0 ROCCO PICARAZZI 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME, NET 531110 241802 241802 241802 1411 1411 MISCELLANEOUS REVENUE 900099 2359 2359 LAUNDRY/VENDING REVENU 812300 1881 1881 4240 247453 241802 0 5651 78272 2326 75946 14734 14734 7115 7115 31152 31152 9627 9627 531 531 18286 8512 9774 18493 18493 598 598 73526 73526 11551 11551 EQUIPMENT RENTAL & MAIN 24785 24785 MISC ADMIN EXPENSES 5365 5365 TRASH REMOVAL 4147 4147 MISC OPER EXPENSES 1993 1993 1491 1491 301666 168673 132993 0 35462 5521 1026 306 4409 3146 2710583 1019096 1749520 1691487 150219 178936 1940636 1879396 14436 6176 2587000 2587000 9956 11189 2611392 2604365 X -670756 -724969 -670756 -724969 1940636 1879396 -54213 0 X 0 1 X 0 1 1 X 241520 239468 240323 241436 241802 1204549 241520 239468 240323 241436 241802 1204549 0 0 0 1204549 4273 3246 3035 2989 1411 14954 4273 3246 3035 2989 1411 14954 2519 1901 1956 4263 4240 14879 248312 244615 245314 248688 247453 1234382 0.97580 0.97570 0.01210 0.01420 X 68000 68000 2620015 998564 1621451 7638 5940 1698 14930 14592 338 1691487 TENANT SECURITY DEPOSITS 11189 ESCROW FUNDS 23529 RESERVE FOR REPLACEMENTS 99496 RESIDUAL RECEIPTS RESERVE 44722 178936 TENANT SECURITY DEPOSITS 11189 11189 X 247453 0 247453 0 247453 301666 0 301666 0 301666 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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.