2024-05-13T11:28:39-05:00 2023-06-30 161131146 BONADIO & CO LLP 6 WEMBLEY CT ALBANY NY 12205 990 2022-07-01 141819599 TERESIAN HOUSE HOUSING CORPORATION TERE 5186409406 100 WHITE PINE DRIVE ALBANY NY 12203 KATHLEEN RICHARDS CHIEF EXECUTIVE OFFICER 5186409406 2024-05-13 1 KATHLEEN RICHARDS 999009999 0 KENNETH MCGIVNEY P01324731 5184644080 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z AVILA RETIREMENT KATHLEEN RICHARDS 100 WHITE PINE DRIVE ALBANY NY 12203 9237816 0 X WWW.AVILARETIREMENT.COM X 1999 NY TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILTIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. 10 10 46 10 0 0 0 0 8329886 9116146 1184 57029 20091 15141 8351161 9188316 0 0 0 0 1595236 1759678 0 0 0 6211947 6698377 7807183 8458055 543978 730261 27233655 33377189 48040049 53370699 -20806394 -19993510 TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILITIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. 0 0 7505422 9131287 THE FUNCTION OF THE TERESIAN HOUSE HOUSING CORPORATION, ALSO KNOW AS, AVILA RETIREMENT COMMUNITY, IS TO PROVIDE RESIDENTS WITH INDEPENDENT LIVING APARTMENTS AND COTTAGES AND TO PROVIDE THE RESIDENTS WITH CENTRAL DINING AND SPACE FOR A VARIETY OF SOCIAL AND RECREATIONAL ACTIVITIES 7505422 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 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 1 0 0 0 1 31 0 1 46 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 1 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X KATHLEEN RICHARDS 5186409406 100 WHITE PINE DRIVE ALBANY NY 12203 MICHAEL COSTELLO ESQ DIRECTOR 2.00 X 0 0 0 VINCENT COLONNO TREASURER 2.00 X X 0 0 0 KENNETH RAYMOND DIRECTOR 2.00 X 0 0 0 BISHOP EDWARD SCHARFENBERGER PRESIDENT 2.00 X X 0 0 0 FATHER DAVID LEFORT DIRECTOR 2.00 X 0 0 0 JULIE CALARESO ESQ DIRECTOR 2.00 X 0 0 0 BOB FISK DIRECTOR 2.00 X 0 0 0 EDWARD MCNAMARA DIRECTOR 2.00 X 0 0 0 CHRISTINE CARY DIRECTOR 2.00 X 0 0 0 DONNA SMITH CEO, (THRU 8/31/23) 40.00 X 113264 0 9874 113264 0 9874 1 0 0 0 MARIN PROPERTY SERVICES PO BOX 364 VOORHEESVILLE NY 12186 LANDSCAPING 135010 1 RESIDENT SERVICE FEES 532000 7395115 7395115 ENTRANCE FEES 532000 1459229 1459229 OTHER RESIDENTIAL REVE 532000 261802 261802 9116146 32999 32999 73530 49500 24030 24030 24030 MISCELLANEOUS INCOME 531390 15141 15141 15141 9188316 9131287 0 57029 X 113264 90611 22653 1343916 914760 429156 195385 152400 42985 107113 72550 34563 2755 2755 167900 167900 2390192 2378484 11708 161126 157104 4022 43652 43652 904724 841393 63331 878068 862402 15666 1091546 1091546 196904 183121 13783 EQUIPMENT REPAIRS 434552 415634 18918 TELEPHONE & INTERNET 189689 117534 72155 RESIDENT SERVICES 112044 112044 MISCELLANEOUS 108965 99579 9386 16260 16260 8458055 7505422 952633 0 650890 658244 284404 550091 176771 181553 45203878 24073669 21774595 21130209 4346995 10857092 27233655 33377189 1080051 1423890 31625 414927 11695000 10885000 125520 44426 5020000 5027526 1716087 1687133 28371766 33887797 48040049 53370699 X -20806394 -19993510 -20806394 -19993510 27233655 33377189 X 730261 65700 16923 X X 0 1 X 1 0 X 7195082 7912241 7447677 8349977 9131287 40036264 7195082 7912241 7447677 8349977 9131287 40036264 0 0 0 40036264 78220 19651 4966 1184 32999 137020 78220 19651 4966 1184 32999 137020 7273302 7931892 7452643 8351161 9164286 40173284 0.99660 0.99610 0.00340 0.00390 X 0 0 43383198 22397003 20986195 553194 468712 84482 1267486 1207954 59532 21130209 ASSETS WHOSE USE IS LIMITED 4400713 INTEREST RATE SWAP AGREEMENT 85401 RIGHT-OF-USE ASSET - FINANCE LEASES 110676 RIGHT-OF-USE ASSET - OPERATING LEASE 6260302 10857092 REFUNDABLE ENTRANCE FEES 26267931 OPERATING LEASE LIABILITY, NET OF CURRENT PORTION 6373764 FINANCE LEASE LIABILITIES, NET OF CURRENT PORTION 91910 CURRENT PORTION OF OPERATING LEASE LIABILITY 6515 CURRENT PORTION OF FINANCE LEASE LIABILITIES 18977 LINE OF CREDIT 1128700 33887797 9270939 65700 16923 82623 9188316 0 9188316 8458055 0 8458055 0 8458055 PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST RATE SWAP AGREEMENT 16,923. X X 0 0 X X 0 0 0 0 0 0 0 0 0 A DORMITORY AUTHORITY OF STATE OF NY 146000293 64983UJP6 2003-07-22 40265000 CONSTRUCTION OF RETIREMENT COMMUNITY 1 0 0 A 40265000 2228710 659797 3414839 34003274 2004 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 M&T BANK 12.000000000000 0 0 0 0 1 A 0 FORM 990, PART VI, SECTION A, LINE 2 MICHAEL COSTELLO PROVIDES LEGAL SERVICES TO THE ORGANIZATION AND THE ROMAN CATHOLIC DIOCESE OF ALBANY TO WHICH BISHOP EDWARD SCHARFENBERGER, BOARD PRESIDENT, IS A PART OF. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT COMPANY IS RESPONSIBLE FOR ADMINISTRATIVE SERVICES WHICH INCLUDE THE ACCOUNTING, PAYROLL, AND BENEFIT FUNCTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING MEMBERS: EDWARD SCHARFENBERGER, FATHER DAVID LEFORT, AND MICHAEL COSTELLO, OR SUCH OTHER PERSON OR CORPORATION ORGANIZED PURSUNAT TO SECTION 102 OF THE NOT-FOR-PROFIT CORPORATION LAW AND EXEMPT FROM TAXATION UNDER 501(A) OF THE INTERNAL REVENUE CODE AS MAY BE DESIGNATED BY THE ROMAN CATHOLIC DIOCESE OF ALBANY, NEW YORK. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION HAVE RESERVED POWERS TO ELECT OR REMOVE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE AGENCY HAS A BOARD OF DIRECTORS THAT HOLDS SEVERAL BOARD MEETINGS THROUGHOUT THE YEAR. MATTERS THAT NEED TO BE HANDLED ARE DISCUSSED AND ADDRESSED AT THESE MEETINGS. MINUTES ARE TAKEN AT EACH MEETING AND THEN COPIES ARE DISTRIBUTED ALONG WITH THE MANGEMENT REPORT PRIOR TO OR AT THE NEXT MEETING. THERE ARE NO OTHER COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B AS PART OF THE ANNUAL AUDIT, OUR INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARES A DRAFT OF FORM 990 AND RELATED SUPPORTING SCHEDULES FROM OUR INTERNAL RECORDS. WE DESIGNATE AN INDIVIDUAL WITH SUITABLE SKILL, KNOWLEDGE, OR EXPERIENCE TO OVERSEE THESE SERVICES AND WE MAKE ALL MANAGEMENT DECISIONS AND PERFORM ALL MANAGEMENT FUNCTIONS. WE HAVE REVIEWED, APPROVED, AND ACCEPTED RESPONSIBILITY FOR FORM 990 AND THE RELATED SCHEDULES AND BELIEVE THEY ARE ADEQUATELY SUPPORTED BY THE BOOKS AND RECORDS OF TERESIAN HOUSE HOUSING CORPORATION. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS DISCLOSE OR DISCLAIM ANY RELATED PARTY RELATIONSHIPS AS PART OF BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 SUCH INFORMATION IS PROVIDED IF REQUESTED. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,378,484. MANAGEMENT AND GENERAL EXPENSES 10,758. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,389,242. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 950. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP AGREEMENT 16,923. REDUCTION OF NOTE PAYABLE TO DILT FORM 990, PART XII, LINE 1: NO CHANGE IN METHOD OF ACCOUNTING FROM THE PRIOR YEAR. ROMAN CATHOLIC DIOCESE OF ALBANY 40 NORTH MAIN AVENUE ALBANY NY 12203 141347456 CHURCH NY 501(C)(3) LINE 10 N/A 0 THE DIOCESAN INVESMENT AND LOAN TRUST 40 NORTH MAIN AVENUE ALBANY NY 12203 207363264 TRUST NY N/A T 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0