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LINCOLN TOWERS HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
LINCOLN TOWERS HOUSING DEVELOPMENT FUND CORPORATION (EIN 13-3974371)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-04-28
IRS object ID
201431189349301028
Schema version
2012v2.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-04-28T11:50:22-07:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Koch Group & Co LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1333 Seventh Avenue Floor 8AddressLine1
CityNew YorkCity
StateNYState
ZIP Code100015118ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133974371EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LINCOLN TOWERS HOUSING DEVELOPMENTBusinessNameLine1
Business Name Line2FUND CORPORATIONBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlLINCNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 WEST MAIN STREETAddressLine1
CityELMSFORDCity
StateNYState
ZIP Code10523ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameEUGENE F CONROYName
TitleCFO& SECRETARYTitle
Date Signed2014-04-28DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameStuart KochName
PTINP01231447PTIN
Phone2126310700Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonREV MICHAEL J ROUSENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line119 LINCOLN AVEAddressLine1
CityNEW ROCHELLECity
StateNYState
ZIP Code10801ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1657575GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1998YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission Descriptionto acquire and operate an 89-unit residential rental project, located in New Rochelle, NY, under the National Housing Act.ActivityOrMissionDescription
Nbr Voting Members Governing Body5NbrVotingMembersGoverningBody
Nbr Independent Voting Members4NbrIndependentVotingMembers
Total Nbr Employees2TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year1254270ContributionsGrantsPriorYear
Contributions Grants Current Year1252221ContributionsGrantsCurrentYear
Program Service Revenue Prior Year356510ProgramServiceRevenuePriorYear
Program Service Revenue CY375762ProgramServiceRevenueCY
Investment Income Prior Year352InvestmentIncomePriorYear
Investment Income Current Year257InvestmentIncomeCurrentYear
Other Revenue Prior Year36762OtherRevenuePriorYear
Other Revenue Current Year29335OtherRevenueCurrentYear
Total Revenue Prior Year1647894TotalRevenuePriorYear
Total Revenue Current Year1657575TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year146493SalariesEtcPriorYear
Salaries Etc Current Year153599SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year1506186OtherExpensePriorYear
Other Expenses Current Year1568131OtherExpensesCurrentYear
Total Expenses Prior Year1652679TotalExpensesPriorYear
Total Expenses Current Year1721730TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-4785RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-64155RevenuesLessExpensesCY
Total Assets BOY5579923TotalAssetsBOY
Total Assets EOY5146090TotalAssetsEOY
Total Liabilities BOY6993505TotalLiabilitiesBOY
Total Liabilities EOY6623827TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-1413582NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-1477737NetAssetsOrFundBalancesEOY
Mission Descriptionto acquire and operate an 89-unit residential rental project, located in New Rochelle, NY, under the National Housing Act.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1670399Expense
Revenue366072Revenue
DescriptionACTIVITIES RELATED TO 89 LOW INCOME HOUSING UNITS SUPPORTED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDERTHE SECTION 8 AND THE SECTION 8 CONVERSION PROGRAMSDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense42831Expense
Revenue9690Revenue
DescriptionTENANT RELATED ANCILLARY PROGRAM-LAUNDRYDescription
FieldValueIRS element (for citing)
Total Program Service Expense1713230TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationtrueBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingfalseComplianceWithBackupWitholding
Number Of Employees2NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Form990-T FiledfalseForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members5NbrVotingGoverningBodyMembers
Number Independent Voting Members4NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodyfalseMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Annual Disclosure Covered PersonsfalseAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementfalseRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonCOMMUNITY HOUSING MGMT CORPNamePerson
Telephone Number9145925434TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15 W MAIN ST ELMSFORD NYAddressLine1
CityELMSFORDCity
StateNYState
ZIP Code10523ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
EUGENE F CONROY
CFO0.100.00XX000
BERNICE SMITH ESQ
MEMBER0.100.00X000
MARY E WILLIAMS
MEMBER0.100.00X000
REV MICHAEL J ROUSE
President0.100.00XX000
ALBERT JONES
MEMBER0.100.00X000
FieldValueIRS element (for citing)
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1CON EDISONBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1JAF Station PO Box 1702AddressLine1
CityNew YorkCity
StateNYState
ZIP Code101161702ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesUtilitiesDescriptionOfServices
Compensation90557Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants1252221GovernmentGrants
Total Contributions1252221TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TENANT RENTS531110366072366072
LAUNDRY AND PARKING53139096909690
FieldValueIRS element (for citing)
Total Program Service Revenue375762TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column257TotalRevenueColumn
Exclusion$257ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionMISCDescription
Total Revenue Column29335TotalRevenueColumn
Related Or Exempt Function Income29335RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue29335TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1657575TotalRevenueColumn
Related Or Exempt Function Income405097RelatedOrExemptFunctionIncome
Exclusion$257ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total113678Total
Program Services113678ProgramServices

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total32128Total
Program Services32128ProgramServices

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total7793Total
Program Services7793ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total1625Total
Program Services1625ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total8500Total
Management And General8500ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total3042Total
Program Services3042ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total20844Total
Program Services20844ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total506296Total
Program Services506296ProgramServices

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total366065Total
Program Services366065ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
REAL ESTATE TAXES5215652156
MANAGEMENT FEE5498654986
UTILITIES127091127091
MAINTENANCE CONTRACTS257985257985

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total169541Total
Program Services169541ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1721730Total
Program Services1713230ProgramServices
Management And General8500ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY94550BOY
EOY103803EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY87268BOY
EOY37938EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY2487BOY
EOY454EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY4212BOY
EOY4032EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY17070BOY
EOY17924EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis9710284LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec5201341LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY4861212BOY
EOY4508943EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY226106BOY
EOY212310EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY287018BOY
EOY260686EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY5579923BOY
EOY5146090EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY83384BOY
EOY34783EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY6605167BOY
EOY6262917EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY304954BOY
EOY326127EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY6993505BOY
EOY6623827EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-1759859BOY
EOY-2563428EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY346277BOY
EOY1085691EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-1413582BOY
EOY-1477737EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5579923BOY
EOY5146090EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-64155ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteefalseAuditCommittee
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1184969CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1203132CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1226781CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1254270CurrentTaxYearMinus1Year
Current Tax Year1252221CurrentTaxYear
Total6121373Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years323066CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years356418CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years354927CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year356510CurrentTaxYearMinus1Year
Current Tax Year366072CurrentTaxYear
Total1756993Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

FieldValueIRS element (for citing)
Total0Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

FieldValueIRS element (for citing)
Total0Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

FieldValueIRS element (for citing)
Total0Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1508035CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1559550CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1581708CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1610780CurrentTaxYearMinus1Year
Current Tax Year1618293CurrentTaxYear
Total7878366Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5097878366PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3941CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years197CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years471CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year352CurrentTaxYearMinus1Year
Current Tax Year257CurrentTaxYear
Total5218Total

Post1975 UBTI Post1975UBTI

FieldValueIRS element (for citing)
Total0Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years3941CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years197CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years471CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year352CurrentTaxYearMinus1Year
Current Tax Year257CurrentTaxYear
Total5218Total

Net Income From Other UBI NetIncomeFromOtherUBI

FieldValueIRS element (for citing)
Total0Total

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years25200CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years38621CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years36995CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year36762CurrentTaxYearMinus1Year
Current Tax Year39025CurrentTaxYear
Total176603Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1537176CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1598368CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1619174CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1647894CurrentTaxYearMinus1Year
Current Tax Year1657575CurrentTaxYear
Total8060187Total
FieldValueIRS element (for citing)
Public Support Percentage5090.97740PublicSupportPercentage509
Prior Year Support Percentage0.97800PriorYearSupportPercentage
Investment Income Percentage0.00060InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.00280PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis174284OtherCostOrOtherBasis
Book Value174284BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis9485151OtherCostOrOtherBasis
Depreciation5164018Depreciation
Book Value4321133BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis50849OtherCostOrOtherBasis
Depreciation37323Depreciation
Book Value13526BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings4508943TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescriptionBook ValueBookValue
TENANT SECURITY DEPOSITS27725
RESERVE FOR REPLACEMENT146106
MORTGAGE ESCROW DEPOSITS86855
FieldValueIRS element (for citing)
Total Book Value Other Assets260686TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescriptionAmountAmount
TENANTS SECURITY DEPOSITS$27,725
INTEREST PAYABLE$20,329
CURRENT PORTION OF MORTGAGE$256,258
ACCRUED PILOT TAX LIABILITY$21,815
FieldValueIRS element (for citing)
Total Of Amounts326127TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt1657575TotRevenueEtcAuditedFinclStmt
Revenue Subtotal1657575RevenueSubtotal
Total Revenue Per Form9901657575TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1721730TotExpensesEtcAuditedFinclStmt
Expenses Subtotal1721730ExpensesSubtotal
Total Expenses Per Form9901721730TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

FieldValueIRS element (for citing)
IdentifierPart XIdentifier
Return ReferencePart X : FIN48 FootnoteReturnReference
ExplanationLincoln Towers Housing Development Fund Corporation is exempt from taxes under Section 501(c)(3) of the Internal Revenue Code.Management has determined that the Company had no uncertain tax positions that would require financial statement recognition. The Company is no longer subject to income tax examination by the U.S. federal, state or local tax authorities for years before 2008, which is the standard statute of limitations look-back period.Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1New ROCHELLE HOUSING AUTHBusinessNameLine1
FieldValueIRS element (for citing)
Issuer EIN136007019IssuerEIN
CUSIP Number64853PAE8CUSIPNumber
Date Issued2003-12-30DateIssued
Issue Price25750000IssuePrice
Description Of PurposeREFINANCE PROJECTDescriptionOfPurpose
DefeasedfalseDefeased
On Behalf Of IssuerfalseOnBehalfOfIssuer
Pool FinancingfalsePoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds7111688TotalProceeds
Amount In Reserve Fund124588AmountInReserveFund
Issuance Costs From Proceeds268055IssuanceCostsFromProceeds
Capital Expenditures7031710CapitalExpenditures
Year Of Subst Completion1998YearOfSubstCompletion
Current RefundingfalseCurrentRefunding
Advance RefundingtrueAdvanceRefunding
Final Allocation MadetrueFinalAllocationMade
Adequate Books And Recds MaintaindtrueAdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedProperty
Any Lease ArrangementsfalseAnyLeaseArrangements
Mngment Cntrct Bond Financd PrprtyfalseMngmentCntrctBondFinancdPrprty
Any Research AgreementsfalseAnyResearchAgreements
Engage Bond Counsel ResearchfalseEngageBondCounselResearch
Non Qualified Bond Remed ProcdrsfalseNonQualifiedBondRemedProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiled
Hedge Identified In Books And RecdsfalseHedgeIdentifiedInBooksAndRecds

Name Of Hedge Provider NameOfHedgeProvider

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGIC

Name Of GIC Provider NameOfGICProvider

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1
FieldValueIRS element (for citing)
Regulatory Safe Harbor SatisfiedfalseRegulatorySafeHarborSatisfied
Gross Proceeds InvestedfalseGrossProceedsInvested
Written Proc To Monitor ReqsfalseWrittenProcToMonitorReqs

Form990 Schedule K Part VI Form990ScheduleKPartVI

FieldValueIRS element (for citing)
IdentifierSupplemental InformationIdentifier
Return ReferencePart VIReturnReference
ExplanationTHE MORTGAGE WAS PROVIDED THROUGH THE ISSUANCE OF FIRST LIEN REVENUE BONDS (SERIES 2003-SECTION 8 ASSISTED PROJECT), PROVIDED BY THE NEW ROCHELLE MUNICIPAL HOUSING AUTHORITY. THE MORTGAGE IN THE ORIGINAL AMOUNT WAS $8,755,000, BEARS INTEREST AT 7.87%, PAYABLE MONTHLY, AND REQUIRES ANNUAL PRINCIPAL PAYMENTS IN VARYING AMOUNTS OVER 25 YEARS UNTIL DECEMBER 1, 2028. THE ORGANIZATION IS OBLIGATED TO DEPOSIT A MONTHLY AMOUNT WITH A TRUSTEE TO SATISY RESERVE ACCOUNT REQUIREMENTS FOR PAYMENT OF INTEREST AND PRINCIPAL ON THE DEBT PLUS OTHER OPERATING CHARGES, ORIGINATION FEE AND REPLACEMENT RESERVES. THE INDENTURE AGREEMENT REQUIRES ADDITIONAL ANNUAL PRINCIPAL OF $85,000 FROM AVAILABLE CASH FLOWS.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

FieldValueIRS element (for citing)
Name PersonCOMMUNITY HOUSING MANAGEMENT CORPNamePerson
FieldValueIRS element (for citing)
RelationshipMANAGING AGENTRelationship
Amount Of Transaction88037AmountOfTransaction
Description Of TransactionMANAGEMENT FEEDescriptionOfTransaction
Sharing Of RevenuesfalseSharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
ExplanationEUGENE F. CONROY, CFO OF LINCOLN TOWERS HDFC IS THE SOLE SHAREHOLDER OF COMMUNITY HOUSING MANAGEMENT CORP, WHICH IS THE MANAGING AGENT OF THE ORGANIZATIONExplanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Line 19Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableAFTER APPROVAL OF THE FINANCIAL STATEMENTS BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS, THE ORGANIZATION MAKES AVAILABLE ALL GOVERNANCE DOCUMENTS, POLICY STATEMENTS, FINANCIAL STATEMENTS AND TAX RETURNS TO THE PUBLIC, UPON WRITTEN REQUEST. THE ORGANIZATION ALSO TIMELY FILES ITS ANNUAL CHAR 500 REPORT WITH THE NYS ATTORNEY GENERAL AND ALL OF ITS FILINGS INCLUDING ITS FEDERAL TAX RETURNS AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE NYSOAG CHARITIES BUREAU WEBSITE.
Form 990, Part VI, Line 11bForm 990, Part VI, Line 11b: Form 990 Review ProcessTHE BOARD OF DIRECTORS MUST APPROVE THE FEDERAL TAX FORM 990 AND THE RELATED STATE TAX FILINGS.
Form 990, Part VI, Line 8Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of MeetingsBOARD OF TRUSTEES PREPARE AND DOCUMENT MINUTES OF MEETINGS AS REQUIRED.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodePrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrgEINEIN
ST CATHERINE AME ZION CHURCH
19 LINCOLN AVENUENEW ROCHELLENY10801RELIGIOUS INSTITUTION - CHURCHNY170b(1)1N/Afalse
CARRINGTON ARMS HDFC
C/O CHMC 5 WEST MAIN STREETELMSFORDNY10523LOW-INCOME RESIDENTIAL HOUSINGNY501(C) (3)9N/Afalse132684083
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Dividends Related OrganizationfalseDividendsRelatedOrganization
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg