2024-05-06T09:56:48-05:00 2023-06-30 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2022-07-01 821641445 GIBB MANSION HOUSING DEVELOPMENT FUND CORPORATION GIBB 7185222613 1000 DEAN ST 420 BROOKLYN NY 11238 YVONNE CUMMINGS TREASURER 7185222613 2024-05-03 1 YVONNE CUMMINGS 999009999 1 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2024-04-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z YVONNE CUMMINGS 1000 DEAN ST 420 BROOKLYN NY 11238 1048489 0 X WWW.IMPACCTBROOKLYN.ORG X 2017 NY TO ACQUIRE, DEVELOP AND MAINTAIN, ON A NONPROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME. 4 3 0 4 0 0 0 0 557769 998051 5777 47751 23057 2687 586603 1048489 0 0 0 0 0 0 0 0 0 714101 1374260 714101 1374260 -127498 -325771 9329011 9118702 10062760 10178222 -733749 -1059520 THE CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND MAINTAINING, ON A NONPROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME. 0 0 1325759 1000738 THE CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND MAINTAINING, ON A NONPROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME. 1325759 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LESIA BATES 7185222613 1000 DEAN ST 420 BROOKLYN NY 11238 BERNELL GRIER SECRETARY 0.50 38.00 X X 0 180447 7774 HEATHER GERSHEN PRESIDENT 0.50 3.50 X X 0 0 0 IMANI GRISZELL DIRECTOR 0.50 3.50 X 0 0 0 YVONNE CUMMINGS TREASURER 0.50 3.50 X X 0 0 0 0 180447 7774 0 0 1 0 0 RENTAL INCOME 531110 998051 998051 998051 47751 47751 2687 2687 2687 1048489 1000738 0 47751 240880 192379 48501 2849 2849 9713 9713 31315 31315 270056 270056 83551 83551 210752 210752 99957 99957 REPAIRS AND MAINTENANCE 279886 279886 TENANT MOVE OUT EXPENSE 80301 80301 BAD DEBT EXPENSES 65000 65000 1374260 1325759 48501 0 398898 194722 133409 219291 8242255 1247225 7204354 6995030 1592350 1709659 9329011 9118702 706330 696731 15402 13820 7062 25501 9332966 9376170 1000 66000 10062760 10178222 X -733749 -1059520 -733749 -1059520 9329011 9118702 -325771 0 X 0 1 X 1 0 X 557769 998051 1555820 557769 998051 1555820 0 0 0 1555820 5777 47751 53528 5777 47751 53528 23057 2687 25744 586603 1048489 1635092 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE CHARGE - 2021 AMOUNT: $ 23,007. 2022 AMOUNT: $ 0. OTHER INCOME - 2021 AMOUNT: $ 50. 2022 AMOUNT: $ 2,078. LAUNDRY MAT INCOME - 2022 AMOUNT: $ 609. SCHEDULE A, PART II: THE ORGANIZATION RECIEVED ITS EXEMPT STATUS EFFECTIVE 10/31/21. INFORMATION PRESENT ON SCHEDULE A, PART III FOR TAX YEAR 2021 IS FOR THE SHORT PERIOD 10/31/21-6/30/22. 0 1 X 8202304 1238033 6964271 8613 2265 6348 31338 6927 24411 6995030 OPERATING RESERVE 630720 REPLACEMENT RESERVE 1060344 TENANT SECURITY DEPOSITS 3499 SECURITY DEPOSIT VOUCHERS 14941 UTILITIEES SECURITY DEPOSIT 155 1709659 DUE TO SPONSOR 1000 ACCRUED ADMIN FEE 65000 66000 X 1048489 0 1048489 0 1048489 1374260 0 1374260 0 1374260 PART IV, LINE 2B: THE ORGANIZATION MAINTAINES SECURITY DESPOSITS AS REQUIRED BY STATE LAW. PART X, LINE 2: EFFECTIVE OCTOBER 31, 2021, THE CORPORATION RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 BERNELL GRIER SECRETARY 0 180447 0 0 0 0 0 0 0 7774 0 188221 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE IT IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS WILL MEET WITH MANAGEMENT TO DISCUSS THE 990 AND RESOLVE ANY QUESTIONS THAT MAY ARISE. UPON APPROVAL FROM THE BOARD THE 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE AT LEAST ANNUALLY AND ACUTAL OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 265 HAWTHORNE STREET HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 271921872 HOUSING NY 501(C)(3) LINE 10 IMPACCT BROOKLYN 0 277 GATES AVENUE 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 472319448 HOUSING NY 501(C)(3) LINE 10 IMPACCT BROOKLYN 0 409 GRAND AVENUE HOUSING DEVELOPMENT FUND CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 201876837 HOUSING NY 501(C)(3) LINE 10 IMPACCT BROOKLYN 0 811 LEXINGTON HOUSING DEV FUND CORP 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 113099585 HOUSING NY 501(C)(3) LINE 10 IMPACCT BROOKLYN 0 942 KENT AVENUE HOUSING DEVELOPMENT FUND CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 202640555 HOUSING NY 501(C)(3) LINE 10 IMPACCT BROOKLYN 0 GATEWAY 277 HOUSING DEVELOPMENT FUND CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 472319448 HOUSING NY 501(C)(3) LINE 10 IMPACCT BROOKLYN 0 IMPACCT BROOKLYN 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 112451752 HOUSING NY 501(C)(3) LINE 7 N/A 0 PACC HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 912105355 APRTMENT OWNER NY N/A C 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0