2011-11-14T14:30:19-06:00 2010-12-31 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174011 990 2010-01-01 133871134 Common Ground Management Corp COMM 2123899343 505 EIGHTH AVENUE 15th Floor NEW YORK NY 10018 eduardo ronquillo 2011-11-14 2125429609 2010 2016-03-07 17:11:31Z TIMOTHY MARX 505 EIGHTH AVENUE NEW YORK NY 10018 5132875 false X WWW.COMMONGROUND.ORG X 1995 NY MANAGING AFFORDABLE HOUSING PROJECTS DEVELOPED BY THE COMMON GROUND ENTITIES AND PROVIDING EMPLOYMENT TO UNDERPRIVILEGED INDIVIDUALS IN THE HOUSING MANAGEMENT FIELD. 5 3 415 0 0 0 1410515 3270589 1287236 1451383 2237 263 213750 410640 2913738 5132875 0 0 0 0 7000502 7511260 0 0 1115092 3046663 3159085 10047165 10670345 -7133427 -5537470 16377266 12967180 35075513 37202897 -18698247 -24235717 X COMMON GROUND MANAGEMENT CORPORATION ("CGM") WAS FORMED AND IS OPERATED FOR THE CHARITABLE PURPOSE OF MANAGING AFFORDABLE HOUSING PROJECTS AND PROVIDING EMPLOYMENT TO UNDERPRIVILEGED INDIVIDUALS IN THE HOUSING MANAGEMENT FIELD. AT THIS TIME, CGM IS MANAGING THE AURORA, A SUPPORTIVE HOUSING RESIDENCE OWNED BY THE ACTORS' FUND OF AMERICA, AND THE WINDHAM HOUSE, A SUPPORTIVE HOUSING RESIDENCE IN CONNECTICUT OWNED BY THE CONNECTICUT HOUSING AND FINANCING AUTHORITY. false false 6257492 0 1451383 Common Ground Management Corporation ("CGM") was organized to support the charitable mission of Common Ground Community HDFC and its related tax-exempt affiliated organizations. CGM manages Common Grounds affordable housing projects and provides employment to underprivileged individuals in the housing management field. CGM provides all financial, administrative and human resource services for Common Ground. It also provides housing planning and development, central intake for residents, and overall housing administration. 6257492 true true false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false true true false false false false true 51 0 true 415 true false false false false false false false false false false X 5 3 false false false false false false false true true false false true true true true true true true true false NY X EDUARDO RONQUILLO CONTROLLER 2123899343 505 EIGHTH AVE 15TH FL NEW YORK NY 10018 X PETER EZERSKY 1.0 X X 0 0 0 BRUCE ANGIOLILLO 1.0 X X 0 0 0 ROSANNE HAGGERTY 40.0 X X 214148 0 15922 DAVID BEER 40.0 X X 151307 0 28685 Ellen Taus 1.0 X 0 0 0 TIMOTHY MARX 40.0 X 213852 0 16441 MICHAEL KURTZ 40.0 X 133973 0 7028 EDUARDO RONQUILLO 40.0 X 133973 0 15915 BRENDA ROSEN 40.0 X 163153 0 7315 REBECCA KANIS 40.0 X 125577 0 8292 Andrew Haupt 40.0 X 111125 0 22788 Lyle Churchill 40.0 X 165169 0 22053 Amie Pospisil 40.0 X 118403 0 10137 1530680 0 154576 14 false true false Center for Urban Community Svcs Inc 198 E 121st Street NEW YORK NY 10035 tenant services 1598572 Catholic Charities Neighborhood Svc 191 Joralemon Street BROOKLYN NY 11201 tenant services 668828 Jamaica YMCA 89-25 Parsons Boulevard JAMAICA NY 11432 tenant services 1497796 Allied Barton Security Services 161 WASHINGTON ST STE 600 CONSHOHOCKEN PA 19428 security services 872512 Grant Thornton LLP 666 Third Avenue NEW YORK NY 10017 Accounting/Audit 393210 15 1330624 1939965 3270589 MANAGEMENT FEES 900099 1451383 1451383 1451383 263 263 0 0 0 0 0 0 MISCELLANEOUS 900099 271922 271922 100K HOMES CAMPAIGN 900099 138718 138718 410640 5132875 1590101 0 272185 0 0 0 0 640355 352195 224124 64036 0 5402145 2926324 1914921 560900 139262 66054 61330 11878 847493 437935 331454 78104 482005 235469 200420 46116 0 31293 8856 22437 367478 367478 0 0 0 1158708 751976 333417 73315 42743 19459 9629 13655 247570 75645 157943 13982 263452 19529 241753 2170 0 553872 8100 545772 181670 173410 7836 424 0 0 117967 117967 0 77901 77901 89674 907 88767 CONTRACTUAL SOCIAL SERVICES 364998 339998 25000 HOUSING RENTAL ASSISTANCE 290471 290471 PROGRAM EXPENSES/TENANT SVCS 262568 246711 15857 GALA FUNDRAISING EXPENSES 235791 235791 UTILITIES 237601 78394 159207 -1364672 183047 -1731061 14721 10670345 6257492 3297761 1115092 54458 1604033 535457 0 372727 731679 14772677 9822659 379047 0 635440 247997 202463 387443 60437 421366 16377266 12967180 7998860 4406032 6675000 2400000 20401653 30396865 35075513 37202897 X -19423219 -25788236 724972 1552519 -18698247 -24235717 16377266 12967180 -5537470 X false true true X true true X 40000 692350 445140 1410515 3270589 5858594 1069350 687507 1325245 1287236 1590101 5959439 1109350 1379857 1770385 2697751 4860690 11818033 11818033 37208 11847 12229 17423 263 78970 37208 11847 12229 17423 263 78970 101373 22089 66002 271922 410640 872026 1247931 1413793 1848616 2987096 5271593 12769029 0.92552 0.93550 0.00618 0.00961 X All revenues derived by Common Ground Management Corporation are derived from non-disqualified persons; accordingly, the organization has no limitation on its public support (to be reported in Line 7a). Management fees derived from the organization's related entities are paid by Section 509(a)(1) public charitities that are, by definition, not disqualified persons. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62748 62748 0 572692 185249 387443 387443 0 SECURITY DEPOSITS 7396 DUE TO AFFILIATED ORGANIZATION 30389469 30396865 5132875 10670345 -5537470 -5537470 5132875 5132875 5132875 10670345 10670345 10670345 FIN 48 PART X - OTHER LIABILITIES On January 1, 2009, Common Ground adopted a new accounting standard which requires that a tax position be recognized or derecognized based on a "more-like-than-not" threshold. The accounting standard establishes criterion that an individual tax position has to meet for some or all of the benefits of that position to be recognized in an entity's financial statements. On initial application, this criterion will be applied to all tax positions for which the statute of limitations remains open. Only tax positions that meet the "more-likely-than-not" recognition threshold at the adoption date will be recognized or continue to be recognized. The adoption of this guidance did not have an impact on Common Ground's consolidated financial statements, as management believes that there are no uncertain tax positions within its consolidated financial statements. Common Ground has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending 2007, 2008, 2009 and 2010 are still open to audit for both federal and state purposes. RECONCILIATION PARTS XI, XII, XIII Common Ground Community HDFC files a consolidated audited financial statement with all of its tax-exempt subsidiaries. The reconciliation in part XI of Schedule D reconciles back to Common Ground's mANAGEMENT cORP's financial information as presented in the audited financial statements and not to the consolidated numbers (inclusive of all subsidiaries). Common Ground's MANAGEMENT Corp's change in net assets for the year is ($5,537,470). X true true X X X false false false false false false false false false ROSANNE HAGGERTY 214148 0 0 0 0 0 8774 0 7148 0 230070 0 TIMOTHY MARX 213852 0 0 0 0 0 7193 0 9248 0 230293 0 DAVID BEER 151307 0 0 0 0 0 7908 0 20777 0 179992 0 0 0 BRENDA ROSEN 163153 0 0 0 0 0 7280 0 35 0 170468 0 0 0 EDUARDO RONQUILLO 134718 0 0 0 0 0 0 0 15915 0 150633 0 Lyle Churchill 165169 0 0 0 0 0 1621 0 20432 0 187222 0 0 0 POLICIES FORM 990, PART VI, SECTION B Line 11 - The 990 preparation process is discussed with the CGC audit committee at the time that the annual audited financial statements are presented to the board by our independent auditors, Grant Thornton. All 990's are prepared by the CGC finance department and reviewed by a tax partner at Grant Thornton. The 990's must agree to the audited financial statements. Drafts are submitted to CGC's CFO for review, after which final returns are produced. The 990's are reviewed by the Chair of the Audit Committee, along with CGC's CFO and Executive Director. Final returns are authorized and filed by the CFO. All 990's are posted to a secure web site, with limited access for CGC Board Members only. An email is sent to all board members to inform them when the returns are available for review. The Grant Thornton tax partner will make a summary presentation of the 990's to the entire board at the December board meeting. POLICIES FORM 990, PART VI, SECTION B LINE 12 - Conflict of Interest: All board members and senior management of CGC are required to sign a conflict of interest policy statement at the start of their service. The conflict of interest policy is monitored and enforced by the CFO. Cash Disbursements: The organization's accounts payable processes requires all disbursement vouchers have the signatures of the department supervisor and a finance department manager. All checks are manually signed by the controller, and checks over $10,000 are signed by both the controller and CFO. We believe that these levels of review and approval are adequate to monitor compliance with the conflict policy. LINE 15 - The Audit Committee of the Board of Directors reviews the compensation of the CEO, Executive Director and other top management official. Common Ground believes that its compensation is competitive with other not for profit organizations of a similar scale and complexity. On a periodic basis, an independent compensation consulting firm performs a benchmarking analysis to assure the competitiveness of the compensation structure. All jobs within Common Ground are classified into salary grades, based on the complexity and skill level required for the position. All salaries are reviewed on an annual basis in June, which corresponds to the performance review cycle. DISCLOSURE FORM 990, PART VI, SECTION C LINE 19 - CGC makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. CGC's governing documents, conflict statement, financial statements and annual audit are available upon request. A summary of the annual financial statements are published as part of the organization's annual report, which is both printed and available via the public web site at www.commonground.org. fundraising activities part VIII line 8 common ground management corp. is the management company for multiple entities. revenue and contributions for the annual gala were reported on the common ground I hdfc 990. the gala expenses are reported on the common ground management corp. 990 (Part IX line 24). functional expenses part ix, line 24(f) Common Ground Management reports a negative "Other Expense" on Part IX, Line 24(f) to reflect the allocation of administrative and overhead expenses to other organizations in the Common Ground universe. This allocation of functional expenses ties back to the audited financial statements. The negative allocation amount reported in Column A is ($2,063,362). HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:PETER EZERSKY TITLE:CHAIRMAN HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BRUCE ANGIOLILLO TITLE:SECRETARY HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ROSANNE HAGGERTY TITLE:President HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DAVID BEER TITLE:vice president HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:TIMOTHY MARX TITLE:EXECUTIVE DIRECTOR HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MICHAEL KURTZ TITLE:CHIEF FINANCIAL OFFICER HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:EDUARDO RONQUILLO TITLE:CONTROLLER HOURS:1 common ground windham llc 505 Eighth Avenue 15th Floor New York NY 10018 real estate CT 73694 300 na Common Ground Ventures 505 8th Ave 15th Floor New York NY 10018 133705242 housing NY 501(c)(3) 9 na Common Ground Community HDFC 505 8th Ave 15th Floor New York NY 10018 113048002 housing NY 501(c)(3) 9 NA Common Ground Community III HDFC 505 8th Ave 15th Floor NEW YORK NY 10018 134138205 housing NY 501(c)(3) 7 NA Common Ground Community IV HDFC 505 8th Ave 15th Floor NEW YORK NY 10018 134196931 housing NY 501(c)(3) 7 NA Common Ground Community II 505 8th Ave 15th Floor NEW YORK NY 10018 133846708 housing NY 501(c)(3) 7 NA Common Ground of RC Corp 505 8th Ave 15th Floor NEW YORK NY 10018 134074775 housing NY 501(c)(3) 11E NA Common Ground Jobs Training Corp 505 8th Ave 15th Floor NEW YORK NY 10018 133705243 housing NY 501(c)(3) 9 NA St Mark's Brownsville Housing Dev Fund 505 8th Ave 15th Floor NEW YORK NY 10018 141971582 housing NY 501(c)(3) 7 na Brook Avenue HDFC 505 8th Ave 15th Floor NEW YORK NY 10018 412217113 housing NY 501(c)(3) 9 na false false false true true false false false false false false false true true false false true true Common Ground Community HDFC m