2022-09-09T10:17:21-05:00 2021-06-30 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2020-07-01 133942646 ASSOCIATION TO BENEFIT CHILDREN HDFC % MATTHEW MANGER ASSO 6464596121 1841 PARK AVENUE NEW YORK NY 10035 MATTHEW MANGER CFO 6464596121 2022-09-07 true MATTHEW MANGER 999009999 Paul Hammerschmidt P01384178 2128858000 2022-09-07 3 2020 2023-04-26 12:10:37Z GRETCHEN BUCHENHOLZ 1841 PARK AVENUE NEW YORK NY 10035 270739 false X www.a-b-c.org X 1997 NY THE ORGANIZATION PROVIDES SERVICES TO FAMILIES, PRIMARILY LOW-INCOME HOUSING AND SOCIAL SERVICES. 6 3 0 3 0 0 136201 138895 143697 131844 0 0 0 0 279898 270739 0 0 0 0 0 0 0 0 0 365313 393881 365313 393881 -85415 -123142 290342 383738 1645097 1861635 -1354755 -1477897 ASSOCIATION TO BENEFIT CHILDREN HDFC WAS ORGANIZED TO OPERATE A LOW-INCOME HOUSING PROJECT. false false 299729 131844 PROVIDES LOW-INCOME HOUSING AND SOCIAL SERVICES TO LOW INCOME FAMILIES. THE ORGANIZATION SERVED THE NEEDS OF FAMILIES WHICH FOR THE YEAR ENDED JUNE 30, 2021 INCLUDED 17 INDIVIDUALS (CHILDREN AND ADULTS). 299729 true true false false false false false false false false true false false false true true true 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 false true false false false true 0 0 0 false false false false false false false false false false false false X 6 3 true false false false false false false true true false false true true true true true true false false false NY X MATTHEW MANGER 6464596121 1841 PARK AVENUE NEW YORK NY 10035 GRETCHEN BUCHENHOLZ PRESIDENT/CEO 5.0 35.0 X X 0 141000 110831 ERI NOGUCHI CHIEF OPERATING OFFICER 5.0 35.0 X 0 155000 46624 MATTHEW MANGER CFO 5.0 35.0 X X 0 135000 40608 TOM STYRON Chairperson 2.0 5.0 X X 0 0 0 PETER BUCHENHOLZ TREASURER 2.0 5.0 X X 0 0 0 MICHAEL LEWIS Secretary 2.0 5.0 X X 0 0 0 0 431000 198063 0 false true false 0 138895 138895 TENANT INCOME 624200 131844 131844 131844 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 270739 131844 0 0 0 0 0 0 0 0 0 0 0 1500 1500 10630 10630 0 0 0 0 0 3276 3276 0 0 40422 40422 1566 1525 41 0 0 8772 8772 0 28294 28294 0 2812 2812 REPAIRS & MAINTENANCE 146368 146368 0 0 PERSONNEL & FRINGE EXP. 0 0 0 0 PAID BY COMMON PAYMASTER 126714 44679 82035 BAD DEBT EXPENSE 10152 10152 13375 4575 8800 393881 299729 94152 0 58325 175686 0 0 0 0 13044 17373 0 0 0 0 0 0 0 0 1142 1142 1249838 1060301 217831 189537 0 0 0 0 0 0 0 0 0 0 290342 383738 184220 192992 0 0 0 0 0 0 0 0 0 0 877240 877240 0 0 583637 791403 1645097 1861635 X -1354755 -1477897 0 0 -1354755 -1477897 290342 383738 -123142 X false true X true true true X 126283 127018 129618 136201 138895 658015 0 0 126283 127018 129618 136201 138895 658015 0 658015 0 0 0 658015 644962 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13500 13500 840558 680086 160472 385980 370415 15565 9800 9800 189537 0 DUE TO AFFILIATE 788923 SECURITY DEPOSITS 2480 791403 X 270739 270739 270739 393881 393881 393881 PART X, LINE 2: ASSOCIATION TO BENEFIT CHILDREN HOUSING DEVELOPMENT FUND CORPORATION (HDFC) is exempt from federal, state, and local income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC) and, therefore, has made no provision for income taxes in the accompanying financial statements. In addition, HDFC has been determined by the Internal Revenue Service (IRS) not to be a "private foundation" within the meaning of Section 509(a) of the IRC. There was no unrelated business income for the year ended June 30, 2021. Under U.S. GAAP, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority. HDFC does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax positions. HDFC is subject to routine audits by a taxing authority. For the year ended June 30, 2021, there were no material interest or penalties recorded or included in the statement of activities related to uncertain tax positions. false false false false false false false false false GRETCHEN BUCHENHOLZ PRESIDENT/CEO 0 141000 0 0 0 0 0 68418 0 42413 0 251831 0 0 MATTHEW MANGER CFO 0 135000 0 0 0 0 0 0 0 40608 0 175608 0 0 ERI NOGUCHI CHIEF OPERATING OFFICER 0 155000 0 0 0 0 0 0 0 46624 0 201624 0 PART I, LINE 3: ASSOCIATION TO BENEFIT CHILDREN, AN AFFILIATE OF THE REPORTING ORGANIZATION, PAID COMPENSATION TO THE REPORTING ORGANIZATION'S TOP MANAGEMENT OFFICIAL. ASSOCIATION TO BENEFIT CHILDREN HAS ESTABLISHED THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL USING FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2: GRETCHEN BUCHENHOLZ, PRESIDENT/CEO, AND PETER BUCHENHOLZ, TREASURER, HAVE A FAMILY RELATIONSHIP. ERI NOGUCHI, CHIEF OPERATING OFFICER, AND MICHAEL LEWIS, BOARD CHAIR, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B: A DRAFT OF FORM 990 IS FIRST REVIEWED BY ABC MANAGEMENT PRIMARILY, BUT NOT LIMTED TO, ABC'S CFO. CONCURRENTLY THE DRFAT IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW, AND, IF NEEDED, FURTHER DISCUSSION. FORM 990 IS ALSO SENT CONCURRENTLY TO THE BOARD OF DIRECTORS IN ITS ENTIRETY AFFORDING ALL BOARD MEMBERS THE OPPORTUNITY TO REVIEW FORM 990 INDEPENDENTLY AND VOICE ANY QUESTIONS OR CONCERNS. SUGGESTED CHANGES, IF APPLICABLE, ARE CONVEYED TO THE TAX PREPARER. THE FINAL VERSION OF FORM 990 IS THEN FURNISHED TO THE BOARD OF DIRECTORS FOR THEIR RECORDS. FORM 990, PART VI, SECTION B, LINE 12C: A LIST OF VENDORS AND GRANTS ARE DISTRIBUTED TO BOARD OF DIRECTORS ANNUALLY TO DETERMINE ANY CONFLICTS. ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY DISCLOSURE STATEMENT. IN INSTANCES WHERE A POTENTIAL CONFLICT MAY EXIST, THE MATTER WOULD BE PRESENTED TO THE FULL BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF, IF ONE EXISTS. THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF, SHALL DETERMINE WHETHER A CONFLICT EXISTS. IN THE CASE OF AN EXISTING CONFLICT, THE BOARD SHALL DETERMINE WHETHER OR NOT THE CONTEMPLATED TRANSACTION IS TO BE COMPLETED. ALL DELIBERATIONS OF THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF, RELATED TO A CONFLICT OF INTEREST SHALL BE CONDUCTED WITHOUT THE PRESENCE OR PARTICIPATION OF THE INDIVIDUAL WHO HAS THE CONFLICT. ALL DELIBERATIONS OF THE BOARD, OR A DULY CONSTITUTED COMMITTEE THEREOF, RELATED TO CONFLICTS OF INTEREST SHALL BE RECORDED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE ORGANIZATION DID NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. THEIR COMPENSATION WAS PAID BY ASSOCIATION TO BENEFIT CHILDREN, A RELATED 501(C)(3) ORGANIZATION. 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. ASSOCIATION TO BENEFIT CHILDREN 1841 PARK AVENUE NEW YORK NY 10035 133303089 LOW-INC HOUS. NY 501(C)(3) 7 false false false false false false false false false false false false true true true false false false false