2024-05-09T08:56:10-05:00 2023-06-30 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2022-07-01 231664406 PHILADELPHIA HOUSING DEVELOPMENT CORPORATION PHIL 2154483110 1234 MARKET STREET - 17TH FLOOR PHILADELPHIA PA 19107 APRIL SAMUELS DIRECTOR OF FINANCE 2154483110 2024-05-09 1 APRIL SAMUELS 999009999 1 RAPHAEL J CARLETTI CPA P01747794 6096899700 2024-05-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID THOMAS 1234 MARKET STREET - 17TH FLOOR PHILADELPHIA PA 19107 179724189 0 X WWW.PHDCHOUSING.ORG X 1965 PA PROVIDE AFFORDABLE HOUSING AND FINANCIAL ASSISTANCE FOR HOME REPAIRS TARGETED TO LOW INCOME RESIDENTS. 9 9 192 9 0 0 243828421 171432155 0 0 86021 352986 3151637 7939048 247066079 179724189 0 0 0 0 13222461 14064086 0 0 0 228723768 146902449 241946229 160966535 5119850 18757654 81202288 160832920 74327988 135201895 6874300 25631025 PROVIDE AFFORDABLE HOUSING AND FINANCIAL ASSISTANCE FOR HOME REPAIRS TARGETED TO LOW INCOME RESIDENTS. 0 0 130897342 PROVIDE HOME REPAIR ASSISTANCE TO LOW INCOME HOMEOWNERS. PROVIDE RENTAL ASSISTANCE FOR PEOPLE EFFECTED BY THE PANDEMIC 3136538 PROVIDE WEATHERIZATION REPAIRS/IMPROVEMENT ASSISTANCE TO LOW INCOME HOMEOWNERS. 134033880 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 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 0 0 0 0 1 49 0 192 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X X DARREN WILLIAMS DIRECTOR OF FINANC 2154483110 1234 MARKET ST 17TH FLOOR PHILADELPHIA PA 19107 KEN WEINSTEIN CHAIR 5.00 X X 0 0 0 CATHY CALIFANO VICE CHAIR 1.00 X X 0 0 0 SABRINA MAYNARD TREASURER 1.00 X X 0 0 0 NORA LICHTASH SECRETARY 1.00 X X 0 0 0 VIDHI ANDERSON BOARD MEMBER 1.00 X 0 0 0 JAMES CUORATO BOARD MEMBER 1.00 X 0 0 0 KAREN FEGELY BOARD MEMBER 1.00 X 0 0 0 JACQUELYN LINTON BOARD MEMBER 1.00 X 0 0 0 FRANCIS VARGAS BOARD MEMBER 1.00 X 0 0 0 DAVID THOMAS EXECUTIVE VICE PRESIDENT 40.00 X 160546 0 25952 DARREN WILLIAMS DIRECTOR OF FINANCE 40.00 X 131067 0 32719 JOSEPH ZICCARDI CARPENTER SUPERINTENDENT 40.00 X 147180 0 0 SUSAN VARGHESE DIRECTOR, LEGAL 40.00 X 141875 0 32719 ANGEL RODRIGUEZ SENIOR VICE PRESIDENT, LAND MANAGEMENT 40.00 X 135854 0 11244 JOJY VARGHESE CHIEF OF STAFF 40.00 X 117600 0 32719 STEFANO CUSANO FINANCE ATTORNEY 40.00 X 118599 0 32719 952721 0 168072 18 0 1 0 3200 GERMANTOWN ASSOCIATES LP 676 E SWEDEDFORD ROAD WAYNE PA 19087 ROOFING CONTRACTOR 1947166 LOPEZ & LOPEZ CONSTRUCTION LLC 727 BONSALL AVE SHARON HILL PA 19079 ROOFING CONTRACTOR 1747681 MC GILLIAN & DONNELLY LLP 3818 SHARP STREET PHILADELPHIA PA 19127 ROOFING CONTRACTOR 1565073 S MURAWSKI & SONS PO BOX 46713 PHILADELPHIA PA 19160 ROOFING CONTRACTOR 1192450 TYREE STRICKLAND ELECTRIC LLC 101 MACDADE BLVD COLLINGDALE PA 19023 ROOFING CONTRACTOR 1142025 34 171432155 171432155 352986 352986 OTHER 812900 7821968 7821968 LAND BANK SUBSIDY 812900 117080 117080 7939048 179724189 7939048 0 352986 X 388721 299315 89406 7795336 6002409 1792927 3838924 2955971 882953 1425705 1097793 327912 615400 473858 141542 1549365 1193011 356354 165100 127127 37973 96577194 74364442 22212752 5500 4235 1265 564646 434777 129869 278879 214737 64142 4594 3537 1057 451809 347893 103916 1353233 1041989 311244 1750103 1347579 402524 HOUSING CONSTRUCTION 43868032 43868032 OTHER 333994 257175 76819 160966535 134033880 26932655 0 20137294 52749673 17999913 49568931 24136370 34222148 97205 97268 901033 921671 17924895 5296756 13904322 12628139 4026151 10645090 81202288 160832920 9938519 30231193 14505 0 23989990 60532047 40384974 44438655 74327988 135201895 X -18583900 -17702532 25458200 43333557 6874300 25631025 81202288 160832920 18757654 -929 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16543855 4049820 12494035 988776 861042 127734 392264 385894 6370 12628139 DEFERRED PENSION EXPENSE 9390948 OTHER POST EMPLOYEE BENEFITS 1254142 10645090 NET PENSION LIABILITY 20158961 NET OTHER POST EMPLOYMENT BENEFITS LIABILITY 6368499 PENSION DEFERRED INFLOW 1262693 ADVANCES PAYABLE 2510057 OTHER POST-EMPLOYEE BENEFITS 934748 LEASE LIABILITY 13203697 44438655 179724189 0 179724189 0 179724189 160966535 0 160966535 0 160966535 X 0 0 0 0 0 0 0 0 0 DAVID THOMAS EXECUTIVE VICE PRESIDENT 160546 0 0 0 0 0 0 0 25952 0 186498 0 0 0 SUSAN VARGHESE DIRECTOR, LEGAL 141875 0 0 0 0 0 0 0 32719 0 174594 0 0 0 DARREN WILLIAMS DIRECTOR OF FINANCE 131067 0 0 0 0 0 0 0 32719 0 163786 0 0 0 STEFANO CUSANO FINANCE ATTORNEY 118599 0 0 0 0 0 0 0 32719 0 151318 0 0 0 JOJY VARGHESE CHIEF OF STAFF 117600 0 0 0 0 0 0 0 32719 0 150319 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION REPORTED ON THIS RETURN IS BASED ON THE ANNUAL AUDITED FINANCIAL STATEMENTS, WHICH ARE AUDITED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM. THE 990 RETURN IS PREPARED BY THE SAME ACCOUNTING FIRM AND IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE DHDC (DIVISION OF HOUSING AND COMMUNITY DEVELOPMENT) FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST FORM IS REQUIRED TO BE COMPLETED BY EVERY EMPLOYEE, OFFICER AND BOARD MEMBER OF PHDC ANNUALLY. EACH PERSON IS RESPONSIBLE FOR DISCLOSING ANY CONFLICT(S) OF INTEREST. EACH INDIVIDUAL MATTER AND/OR POTENTIAL CONFLICT IS DISCUSSED WITH LEGAL COUNSEL AND IF NECESSARY WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). FORM 990, PART VI, SECTION B, LINE 15 THE CEO/ED'S POSITION IS APPOINTED BY THE MAYOR AND THE MAYOR SETS THE SALARY FOR THE POSITION. THERE IS ALSO AN INDEPENDENT CITY EMPLOYEE THAT OVERSEES ALL CITY HOUSING AGENCIES. THIS INDIVIDUAL REVIEWS THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES ACROSS ALL THE CITY HOUSING AGENCIES TO ENSURE THEY ARE COMPARABLE BETWEEN EACH AGENCY. FORM 990, PART VI, SECTION C, LINE 19 PHDC'S GOVERNING DOUMENTS AND CONFLICTS OF INTEREST POLICY ARE BOTH AVAILABLE UPON REQUEST. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. THE ANNUAL REPORT IS POSTED ON PHDC'S WEBSITE AND THE CITY OF PHILADELPHIA'S WEBSITE WHICH INCLUDED DETAILED OPERATING AND FINANCIAL INFORMATION. FORM 990, PART IX, LINE 11G PAYROLL FEES: PROGRAM SERVICE EXPENSES 35,845. MANAGEMENT AND GENERAL EXPENSES 10,707. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,552. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 74,328,597. MANAGEMENT AND GENERAL EXPENSES 22,202,045. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,530,642. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.