2024-08-20T14:41:55-04:00 2023-06-30 471349926 FRANK J SCARANO CPA PROFESSIONAL LLC 44 PRYER TERRACE NEW ROCHELLE NY 108044419 990 2022-07-01 112325394 WYANDANCH COMMUNITY DEVELOPMENT CORPORATION WYAN 6316434786 59 CUMBERBACH STREET WYANDANCH NY 117984506 SONDRA COCHRAN EXECUTIVE DIRECTOR 6316434786 2024-08-13 true true MARY JANE PISANI CPA P00544583 9146326633 2024-08-20 2022 2024-08-08 14:25:15Z SONDRA COCHRAN 59 CUMBERBACH STRET WYANDANCH NY 11798 732013 false X WYANDANCHCDC.ORG X 1971 NY THE MISSION OF WYANDANCH COMMUNITY DEVELOPMEMT CORP (WYANDANCH CDC) IS TO PROVIDE HOUSING TO QUALIFIED INCOME ELIGIBLE RESIDENTS OF THE COMMUNITY. TO ACCOMPLISH THIS WYANDANCH CDC CONDUCTS AND PARTICIPATES IN DEVELOPMENT, SERVICES AND HOUSING PROJECTS DESIGNED TO PRESERVE THE COMMUNITY, PROTECT THE HEALTH AND SAFETY OF THE RESIDENTS AND PROMOTE SELF HELP PROGRAMS TO REVITALIZE THE AREA. 7 7 4 0 159847 177859 255042 243953 72396 275153 0 487285 696965 0 0 359994 378964 0 0 279533 268444 639527 647408 -152242 49557 1363410 1423620 1185979 1196632 177431 226988 X THE MISSION OF WYANDANCH COMMUNITY DEVELOPMEMT CORP (WYANDANCH CDC) IS TO PROVIDE HOUSING TO QUALIFIED INCOME ELIGIBLE RESIDENTS OF THE COMMUNITY. TO ACCOMPLISH THIS WYANDANCH CDC CONDUCTS AND PARTICIPATES IN DEVELOPMENT, SERVICES AND HOUSING PROJECTS DESIGNED TO PRESERVE THE COMMUNITY, PROTECT THE HEALTH AND SAFETY OF THE RESIDENTS AND PROMOTE SELF HELP PROGRAMS TO REVITALIZE THE AREA. false false 304851 PROVIDED AFFORDABLE HOUSING TO QUALIFIED INCOME ELIGIBLE RESIDENTS OF THE COMMUNITY AND COMPREHENSIVE HOUSING COUNSELING SERVICES ADMINISTERED BY HUD CERTIFIED COUNSELORS AND COMMUNITY REVITALIZATION BY PROVIDING HOUSING COUNSELING SERVICES TO COMMUNITY 304851 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 true false false false false false false false false false false false false false false false false false true 3 0 4 true false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false NY X SONDRA COCHRAN 6316434786 59 CUMBERBACH STRET WYANDANCH NY 11798 SADIE BADON CHAIR 5.00 X X 0 0 0 CHARLES REED VICE CHAIR 1.00 X X 0 0 0 VIRGINIA DAWSON-TAYLOR SECRETARY 1.00 X X 0 0 0 BETTY CAMPBELL TREASURER 1.00 X X 0 0 0 ROSIATINA PARKINS BOARD MEMBER 1.00 X 0 0 0 SANDRA MORGAN BOARD MEMBER 1.00 X 0 0 0 SHIRLEY WASHINGTON BOARD MEMBER 1.00 X 0 0 0 SONDRA COCHRAN EXECUTIVE DI 35.00 X 171452 0 14912 171452 14912 1 false true false 176489 1370 177859 RENTAL INCOME - TENANT 173722 173722 RENTAL INCOME - SUBSIDIES 70231 70231 243953 201 201 310000 35048 274952 274952 274952 696965 518905 201 169664 84523 85141 140788 77798 62990 45468 45468 23044 2100 20944 40558 40558 7628 2650 4978 6399 903 5496 24375 24375 2860 2860 2933 2816 117 70510 70084 426 23267 13546 9721 REPAIRS & MAINTENANCE 43726 30525 13201 COMMUNITY OUTREACH 8644 8644 CONSULTANTS 8550 7050 1500 REAL ESTATE TAXES 7973 7565 408 21021 5291 15730 647408 304851 342557 0 24337 218337 114521 44332 21904 34071 14349 12187 2112847 998154 1188299 1114693 1363410 1423620 31389 49393 4270 5570 1111410 1105907 38910 35762 1185979 1196632 X 177431 226988 177431 226988 1363410 1423620 49557 X false true X true false X 170986 157729 207256 159847 177859 873677 170986 157729 207256 159847 177859 873677 873677 32 209 453 253 201 1148 874825 1223645 0.99870 0.99890 X PART II, LINE 10 MISCELLANEOUS 0 FARMERS MARKET 0 2087557 972864 1114693 25290 25290 1114693 TENANTS SECURITY DEPOSIT 35762 35762 X 696965 696965 696965 647408 647408 647408 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THEY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. X false false false false false false false false false SONDRA COCHRAN EXECUTIVE DIRECTOR 171452 14912 186364 FORM 990 - ORGANIZATION'S MISSION THE MISSION OF WYANDANCH COMMUNITY DEVELOPMEMT CORP (WYANDANCH CDC) IS TO PROVIDE HOUSING TO QUALIFIED INCOME ELIGIBLE RESIDENTS OF THE COMMUNITY. TO ACCOMPLISH THIS WYANDANCH CDC CONDUCTS AND PARTICIPATES IN DEVELOPMENT, SERVICES AND HOUSING PROJECTS DESIGNED TO PRESERVE THE COMMUNITY, PROTECT THE HEALTH AND SAFETY OF THE RESIDENTS AND PROMOTE SELF HELP PROGRAMS TO REVITALIZE THE AREA. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PRESENTED TO THE CHAIRPERSON AND TREASURER BY THE EXEC DIRECTOR FOR REVIEW, DISCUSSION AND APPROVAL BEFORE DISTRIBUTION TO THE BOARD. THE 990 FORM IS MADE AVAILABLE TO THE BOARD IN HARD OR ELECTONIC FORM. AT THE BOARD MEETING THE EXECUTIVE DIRECTOR DISCUSSES THE EXEC COMMITTEES REVIEW OF THE 990 AND AFTER DISCUSSION THE BOARD APPROVES THE 990 TO BE SUBMITTED TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C PART VI LINE 12 IN THE EVENT THAT THE BOARD CONSIDERS AN ISSUE THAT INVOLVES THE FINANCIAL RELATIONSHIP BETWEEN WCDC AND A MEMBER OF THE BOARD, THE BOARD MEMBER WILL DISCLOSE TO THE BOARD THE FINANCIAL RELATIONSHIP THAT THE PARTICULAR BOARD MEMBER HAS WITH RESPECT TO THE ISSUE. NO CONTRACT OR OTHER TRANSACTION BETWEEN WCDC AND A BOARD MEMBER IN WHICH THERE EXISTS A CONFLICT OF INTEREST SHALL BE EITHER VOID OR VOIDABLE FOR THIS REASON ALONE OR BY REASON THAT SUCH BOARD MEMBER IS PRESENT AT THE MEETING OF THE BOARD, OR OF A COMMITTEE THEREOF, WHICH AUTHORIZES SUCH CONTRACT OR TRANSACTION, OR THAT SUCH BOARD MEMBER'S VOTE IS COUNTED FOR SUCH PURPOSE. IF THE MATERIAL FACTS AS TO SUCH BOARD MEMBER'S INTERESTS IN SUCH CONTRACT OR TRANSACTION ARE DISCLOSED IN GOOD FAITH OR KNOWN TO THE BOARD OR COMMITTEE, AND THE BOARD OR COMMITTEE AUTHORIZES SUCH CONTRACT OR TRANSACTION BY A VOTE SUFFICIENT FOR SUCH PURPOSE WITHOUT COUNTING THE VOTE OR VOTES OF SUCH BOARD MEMBER. BOARD MEMBERS WHO SERVE AS EMPLOYEES OR VOLUNTEERS IN A DECISION-MAKING CAPACITY ON BEHALF OF ANOTHER ORGANIZATION WITH WHICH WCDC IS WORKING OR TRANSACTING BUSINESS SHALL INFORM THE BOARD CHAIRPERSON AND THE EXECUTIVE DIRECTOR AS TO THEIR INVOLVEMENT IN THE SAID ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15A PART VI LINE 15 B - OTHER OFFICERS AND KEY EMPLOYEES THE BOARD MEETS INDEPENDENT OF THE EXECUTIVE DIRECTOR TO DISCUSS PERFORMANCE RELATIVE TO THE POSITIONS DECSCRIPTION. DURING THESE DELIBERATIONS, THE BOARD ALSO CONSIDERS INPUT OBTAINED FROM OTHER STAFF, PROFESSIONAL ADVISORS, GRANT RECIPIENTS, AND OTHER INFORMED COMMUNITY LEADERS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO AN ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. ONCE THE FULL BOARD APPROVES OF THE AMOUNT OF ANNUAL COMPENSATION TO BE PAID TO A SPECIFIC EMPLOYEE THE COMMITTEE THEN MEETS WITH THE EMPLOYEE TO DISCUSS COMPENSATION, DOCUMENT STRENGTHS, WEEKNESSES, AND GOALS FOR FOR THE UPCOMING YEAR. THE DECISION MADE BY THE BOARD ON THE AMOUNT OF COMPENSATION TO BE PAID TO AN INDIVIDUAL SHOULD BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT, THE RECORDS OR BOARD MINUTES OF THE BOARD SHOULD DOCUMENT THE FOLLOWING. THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE TRANSACTION APPROVED, THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION AND HOW THE COMPARABLE DATA WAS OBTAINED. FORM 990, PAGE 6, PART VI, LINE 15B SEE PART VI 15 A FORM 990, PAGE 6, PART VI, LINE 19 PART VI LINE 19 WYANDANCH COMMUNITY DEVELOPMENT CORP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST AND WITHIN 24 HOURS BY EITHER PICK UP,EMAIL OR US MAIL.