2024-08-06T18:36:59-04:00 2023-12-31 273263553 GALLEROS ROBINSON 115 DAVIS STATION RD CREAM RIDGE NJ 08514 990 2023-01-01 133501749 MELROSE VILLA HERMOSA HOUSING DEVELOPMENT FUND COMPANY INC MELR 7186652747 825 MELROSE AVENUE BRONX NY 10451 REV BERTRAM BENNETT PRESIDENT 2024-08-06 false LEONORA GALLEROS P00181670 6469210400 2024-08-06 2023 2024-08-08 14:25:15Z REV BERTRAM BENNETT 1036108 false X NONE X 2004 NY PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY AND THE DISABLED 7 7 4 7 0 0 1022146 1035077 1300 1031 0 1023446 1036108 0 0 200235 208352 0 0 1282869 1284736 1483104 1493088 -459658 -456980 6760969 6377154 298551 371716 6462418 6005438 LOW-INCOME HOUSING FOR ELDERLY AND DISABLED false false 1353157 1035077 RENTAL ASSISTANCE PROGRAM FOR ELDERLY AND DISABLED. HOUSING FOR ELDERLY OR DISABLED PERSONS OF LOW INCOME TO PROMOTE THEIR HEALTH. 1353157 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 4 true false false false false false false false false false false false false X 7 7 false true false false false false false true true false false true false true true false false false NY X X GRENADIER REALTY CORPORATION 7182404111 1230 PENNSYLVANIA AVENUE BROOKLYN NY 11239 X REV BERTRAM BENNETT PRESIDENT 15.00 X X 0 0 0 GLORIA ALSTON VICE PRESIDE 6.00 X X 0 0 0 JAMES FRANCIS SECRETARY 6.00 X X 0 0 0 DANNY TORRES TREASURER 6.00 X X 0 0 0 REV GETULIO CRUZ JR BOARD MEMBER 4.00 X 0 0 0 JOANNE KENNEDY BOARD MEMBER 4.00 X 0 0 0 MARYLYN ORTIZ BOARD MEMBER 4.00 X 0 0 0 false false false LOW-INCOME HOUSING RENT 531110 1025737 1025737 LAUNDRY AND OTHER TENANT CHAR 531110 9340 9340 1035077 1031 1031 1036108 1035077 1031 X 153251 153251 42450 42450 12651 12651 105750 105750 127212 127212 26000 26000 210773 210773 27814 27814 176367 176367 339749 339749 96041 96041 REAL ESTATE TAXES 75492 75492 REPAIRS, MAINTENANCE, JAN 66398 66398 LICENSES AND PERMITS 15092 15092 MISCELLANEOUS 10567 9867 700 7481 7481 1493088 1353157 139931 0 1362 305 195798 190205 70993 38767 11184354 5152747 6364406 6031607 128410 116270 6760969 6377154 271631 341048 4990 5813 21930 24855 298551 371716 X -3257206 -3714186 9719624 9719624 6462418 6005438 6760969 6377154 -456980 X false true X true true true X 998062 1063216 1024288 1022146 1035077 5142789 998062 1063216 1024288 1022146 1035077 5142789 5142789 1092 674 1264 1300 1031 5361 1092 674 1264 1300 1031 5361 999154 1063890 1025552 1023446 1036108 5148150 0.99900 0.99860 0.00000 0.00000 X 10993366 4982557 6010809 190988 170190 20798 6031607 TENANTS' SECURITY DEPOSITS 23647 BANK OVERDRAFT 1208 24855 X 1049500 13392 13392 1036108 1036108 1506480 13392 13392 1493088 1493088 SCHEDULE D, PAGE 3, PART X THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE PROJECTS TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE PROJECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORELIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE PROJECT HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE PROJECT IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. CURRENTLY, THERE ARE NO AUDITS IN PROGRESS. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENT FREE UNIT 13,392 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENT FREE UNIT 13,392 FORM 990, PAGE 6, PART VI, LINE 3 THE BOARD CONTRACTED GRENADIER REALTY CORP. (MANAGING AGENT) TO MANAGE THE RENTAL PROPERTY THROUGH A MANAGEMENT CONTRACT AGREEMENT. THE MANAGING AGENT REPORTS TO THE BOARD ON A MONTHLY BASIS. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT FORM 990 IS INITIALLY PROVIDED TO THE MANAGING AGENT FOR REVIEW AND COMMENTS. ONCE REVIEWED AND COMMENTS ADDDRESSED, THE DRAFT FORM 990 IS THEN PROVIDED TO THE BOARD THROUGH THE PRESIDENT FOR REVIEW AND APPROVAL OF THE FULL-BOARD FOR FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AT WWW.GUIDESTAR.ORG AND HTTPS://APPS.IRS.GOV/APP/EOS/. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE MANAGING AGENT, GRENADIER REALTY CORP. LOCATED AT 168 39TH STREET, SUITE 306, BROOKLYN, NY 11232. FORM 990, PART IX, LINE 11G SECURITY SERVICES 210,773 0 0