2024-05-01T13:15:45-05:00 2023-12-31 061667465 PRAGER METIS CPAS LLC 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 10573 990 2023-01-01 113442366 ST ANNE'S GARDENS HOUSING DEVELOPMENT FUND COMPANY INC STAN 5167337032 90 CHERRY LANE HICKSVILLE NY 118016232 RICHARD BALCOM TREASURER 5167337032 2024-04-30 1 RICHARD BALCOM 999009999 1 JAMES R D'ARCANGELO P00836264 9146944600 2024-04-30 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z MICHAEL SMITH 90 CHERRY LANE HICKSVILLE NY 118016232 1348870 0 0928 X N/A X 1999 NY TO PROVIDE LOW INCOME HOUSING TO THE RESIDENTS OF THE COMMUNITY ON A NOT-FOR-PROFIT BASIS. 8 8 0 0 0 0 0 0 0 0 0 0 0 1348870 0 1348870 0 0 0 0 0 0 0 0 0 255642 352621 255642 352621 -255642 996249 3384760 4325630 2840504 2793125 544256 1532505 X TO PROVIDE LOW INCOME HOUSING TO RESIDENTS OF THE COMMUNITY ON A NOT-FOR-PROFIT BASIS. 0 0 352621 1348870 CONSTRUCTED AND OPERATES 100 UNIT LOW INCOME HOUSING PROJECT IN BRENTWOOD, NEW YORK. THIS ORGANIZATION HAS A LOW-INCOME HOUSING TAX CREDIT CARRYOVER OF THE FOLLOWING: 2001 = $99, 2002 = $100, 2003 = $100, 2004 = $100, 2005 = $100, 2006 = $100, 2007 = $100, 2008 =100, 2009 = $100,2010 = $100, AND 2011 = $1. TOTAL = $1,000; PURSUANT TO SCHEDULE K-1 PASSTHROUGHS. 2011 WAS THE FINAL YEAR OF THE CREDIT PASSTHROUGH. 352621 1 0 0 0 0 0 0 0 0 0 0 0 1 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 1 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THIS ORGANIZATION 5167337032 90 CHERRY LANE HICKSVILLE NY 11801 X X MICHAEL SMITH PRESIDENT 5.00 X X 0 0 0 RICHARD BALCOM TREASURER 5.00 X X 0 0 0 DON JESUS VALDES TRUSTEE 2.00 X 0 0 0 BRO GARY CREGAN TRUSTEE 2.00 X 0 0 0 FR STEPHEN PIETROWSKI TRUSTEE 2.00 X 0 0 0 SR MARYANNE FITZGERALD TRUSTEE 2.00 X 0 0 0 ROBERT J AHLSTROM JR TRUSTEE 2.00 X 0 0 0 WILLIAM G CHAPIN TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 0 PASSTHROUGH FROM LP 531390 1148870 1148870 LOAN FORGIVENESS 531390 200000 200000 1348870 1348870 1348870 0 0 152621 152621 LOAN FORGIVENESS 200000 200000 352621 352621 0 0 X 200000 3184760 4325630 3384760 4325630 1217364 1369985 200000 1423140 1423140 2840504 2793125 X 544256 1532505 544256 1532505 3384760 4325630 X 996249 -8000 X X 0 0 0 X 150000 150000 200000 200000 150000 200000 350000 0 0 0 350000 150000 200000 350000 1.00000 1.00000 0.00000 X 0 INVESTMENT IN LIMITED PARTNERSHIP 4325630 C 4325630 NOTE PAYABLE - CATHOLIC CHARITIES (DEVELOPMENT FEE) 1423140 1423140 X PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE CORPORATION'S FEDERAL TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM WHEN THEY ARE FILED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A SOLE CORPORATE MEMBER, WHICH IS ALSO A TAX EXEMPT ENTITY. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE CORPORATE MEMBER HAS THE ABILITY TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE CORPORATE MEMBER HAS RESERVED POWERS TO: AMEND THE CHARTER AND BY-LAWS, APPROVE A SALE, LEASE, MORTGAGE, OR PLEDGE ANY REAL PROPERTY, REMOVE OR ELECT MEMBERS OF THE BOARD OF TRUSTEES AND APPOINT OFFICERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL UPDATES ARE REQUESTED IN WRITING FROM THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 NO BOARD MEMBERS OR OFFICERS RECEIVE ANY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST ON AN AS NEEDED BASIS AS DETERMINED BY THE BOARD OF TRUSTEES. THIS ORGANIZATION DOES NOT PROVIDE FORMAL FINANCIAL STATEMENTS. FORM 990, PART VII, SECTION A, COLUMN B: THE BOARD OF TRUSTEES PERFORM GOVERNANCE AND OTHER SERVICES THROUGHOUT THE YEAR FOR THE HOUSING ENTITIES LISTED IN SCHEDULE R, PART II, FOR NO COMPENSATION. THE HOURS LISTED ON PAGE 7, PART VII, SECTION A, COLUMN B, ARE ESTIMATES OF THE AVERAGE WEEKLY COMBINED HOURS WORKED ON ALL OF THESE ENTITIES. FORM 990, PART X, PAGE 11, LINE 7: THE ORGANIZATION HAS A NON-INTEREST BEARING NOTE RECEIVABLE DUE FROM ST. ANNE'S GARDENS LIMITED PARTNERSHIP IN THE AMOUNT OF $200,000. THE LOAN WAS PROVIDED TO DEVELOP A LOW INCOME HOUSING PROJECT AND THE LOAN WAS FORGIVEN IN THE CURRENT YEAR. FORM 990, PART X, PAGE 11, LINE 23: THE ORGANIZATON HAS A NON-INTEREST BEARING NOTE PAYABLE TO THE TOWN OF ISLIP COMMUNITY DEVELOPMENT AGENCY IN THE AMOUNT OF $200,000. THIS AMOUNT WAS BORROWED TO PROVIDE FUNDS FOR THE DEMOLITION COSTS RELATING TO THE DEVELOPMENT OF A LOW INCOME HOUSING PROJECT AND THE LOAN WAS FORGIVEN IN THE CURRENT YEAR. FORM 990, PART XI, LINE 9: EXCESS DEPRECIATION, BOOK VS TAX PASSTHROUGH GAIN ATTRIBUTABLE TO PURCHASE OF LIMITED PARTNER INTEREST PRIOR YEAR ADJUSTMENT -8,000. FORM 990, PART XII, LINE 2A: THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE COMPILED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF THE INDEPENDENT ACCOUNTANT. ST ANNE'S GARDENS ASSOCIATES LLC 90 CHERRY LANE HICKSVILLE NY 11801 842161297 OWNS LIMITED PARTNERSHIP INTEREST NY 1249177 1518971 ST ANNE'S GARDENS HOUSING DEVELOPMENT FUND COMPANY INC GEORGE LINK JR APARTMENTS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112862292 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP JOHN R MCGANN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113273995 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 MSGR HENRY J REEL HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113060811 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP GERALD J RYAN DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112842822 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST PAUL'S GARDENS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113137273 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP KELLENBERG GARDENS SR CIT HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112611179 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST JOSEPH'S VILLAGE FOR SR CIT HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112500567 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST MARY'S MANOR SR CITIZEN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112565791 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST JOHN'S SENIOR CITIZEN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112698458 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST AGNES SENIOR CITIZEN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112965433 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST HEDWIG'S GARDENS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113359063 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 THEA BOWMAN FSPA HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113210782 HOUSING FOR THE DISABLED AND HANDICAPPED NY 501(C)(3) 509(A)(2) N/A 0 MONSIGNOR HENRY J REEL II HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113440265 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP JAMES DALY GARDENS SR HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113508340 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 CABRINI GARDENS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113623397 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 CARITAS HOUSING CORPORATION 90 CHERRY LANE HICKSVILLE NY 11801 271642425 HOUSING AND HOUSING SERVICES FOR THE DISADVANTAGED NY 501(C)(3) 509(A)(2) N/A 0 ST ANNE'S GARDENS LIMITED PARTNERSHIP 90 CHERRY LANE HICKSVILLE NY 11801 113494093 LOW INCOME HOUSING NY ST ANNE'S GARDENS HOUSING DEVELOPMENT FUND COMPANY INC RELATED 2461753 8203644 0 1 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CARITAS HOUSING CORPORATION C CASH CONTRIBUTION