2011-11-15T13:24:51-06:00 2010-12-31 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-01-01 760709606 DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORPORATION DIEG 7182929222 298 CYPRESS AVENUE BRONX NY 10454 ARLINE PARKS 7187327500 2011-11-14 1 FREDERICK H ROTHMAN 2128674000 2010 2016-02-24 21:20:13Z ARLINE PARKS 298 CYPRESS AVENUE BRONX NY 10454 16572715 0 X N/A X 2001 NY THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING FOR ELDERLY ADULTS WHO DO NOT HAVE THE MEANS TO SUPPORT THEMSELVES. 7 6 128 0 0 0 0 0 15134280 16311751 4666 2101 241353 84636 15380299 16398488 0 0 0 0 3028380 3203747 0 0 0 14625900 11693053 17654280 14896800 -2273981 1501688 31069926 31860705 36479298 35768389 -5409372 -3907684 X THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING FOR ELDERLY ADULTS WHO DO NOT HAVE THE MEANS TO SUPPORT THEMSELVES. 0 0 13405165 16311751 THE ORGANIZATION'S PURPOSE IS TO PROVIDE HOUSING FOR ELDERLY ADULTS WHO OTHERWISE COULD NOT AFFORD TO SUPPORT THEMSELVES. THE ORGANIZATION CONSISTS OF 38 BUILDINGS. THERE ARE A TOTAL OF 1,238 APARTMENTS. 13405165 1 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 1 26 0 1 128 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X ARLINE PARKS 7182929222 298 CYPRESS AVE BRONX NY 10454 ANDREW REICHER 1.00 X X 0 0 0 ARLINE PARKS 40.00 X X 41247 0 0 REVEREND MARTHA OVERALL 1.00 X X 0 0 0 THOMAS LUMPKIN 1.00 X X 0 0 0 JOHNINE JOHNSON 1.00 X 0 0 0 JOY MANIRAM 1.00 X 0 0 0 CARMEN SANTOS 1.00 X 0 0 0 41247 0 0 0 0 0 0 DIVERSIFIED REAL ESTATE MANAGEMENT LLC 1328 NEW YORK AVENUE HUNTINGTON STATION NY 11746 MANAGEMENT COMPANY 436663 1 RENTAL INCOME 532000 16311751 16311751 16311751 2101 2101 214958 174227 40731 40731 40731 OTHER REVENUE 900099 43905 43905 43905 16398488 16311751 0 86737 41247 41247 2247585 2044151 203434 565259 514096 51163 349656 318008 31648 532135 532135 379573 379573 24996 24996 10232 10232 1014560 894614 119946 6223080 6223080 1364103 1364103 1291976 1291976 650368 650368 MISCELLANEOUS EXPENSES 98409 61578 36831 BAD DEBTS 60430 60430 AMORTIZATION 38697 38697 VEHICLE EXPENSE 4494 4494 14896800 13405165 1491635 0 2386 2386 2560924 2816749 705493 2257507 108763 41309 31914282 6824018 26399256 25090264 1293104 1652490 31069926 31860705 3538083 2849630 32400689 32225436 540526 693323 36479298 35768389 X -5409372 -3907684 -5409372 -3907684 31069926 31860705 1501688 0 X 0 0 1 0 X 14125428 15023517 14845550 15134280 16311751 75440526 14125428 15023517 14845550 15134280 16311751 75440526 0 0 0 75440526 153312 206867 6280 213559 217059 797077 153312 206867 6280 213559 217059 797077 27172 17088 103985 14065 43905 206215 14305912 15247472 14955815 15361904 16572715 76443818 0.98690 0.98760 0.01040 0.00990 X 80 80 30855239 5268973 25586266 1058963 1555045 -496082 25090264 TENANT SECURITY DEPOSITS HELD IN TRUST 826335 MORTGAGE COSTS 826155 1652490 TENANTS SECURITY DEPOSITS 581049 ACCRUED MORTGAGE INTEREST PAYABLE 112274 693323 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED A MANAGEMENT COMPANY (AS REQUIRED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT "HUD") TO PROVIDE MANAGEMENT SERVICES INCLUDING PROPERTY MANAGEMENT AND BOOKKEEPING. THESE SERVICES ARE DETAILED IN A FORMAL MANAGEMENT AGREEMENT APPROVED BY HUD. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT REVIEW COMMITTEE WHICH CONSISTS OF THE CHAIR, VICE CHAIR & CEO, SECRETARY AND TREASURER OF THE ORGANIZATION WERE E-MAILED A COPY OF THE RETURN TO REVIEW BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THIS STATEMENT IS DIRECTED NOT ONLY TO DIRECTORS AND OFFICERS, BUT TO ANY AGENT, ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE CORPORATION OR ITS BOARD OF DIRECTORS OR MAKE COMMITMENTS ON THEIR BEHALF. THIS WOULD INCLUDE ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO MIGHT BE DESCRIBED AS "MANAGEMENT PERSONNEL," AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING ANY AFFAIRS OF THE CORPORATION. EACH DIRECTOR, OFFICER, MANAGEMENT AGENT, MANAGEMENT EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT. ANY DIRECTOR, MANAGEMENT AGENT, MANAGEMENT EMPLOYEE MUST RECUSE HIMSELF OR HERSELF AT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE PARTY BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 DIEGO BEEKMAN HAS A COMPENSATION COMMITTEE THAT UTILIZES A COMPENSATION SURVEY FROM CHARITY NAVIGATOR WHEN DETERMINING THE COMPENSATION OF THE COMPANY'S OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THESE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S CORPORATE OFFICE LOCATED AT 298 CYPRESS AVE.