2024-05-15T14:46:45-04:00 2023-12-31 042929980 BURKHART PIZZANELLI PC 201 PARK AVE SUITE 2 WEST SPRINGFIELD MA 010891597 990 2023-01-01 043538884 FALCON HOUSING CORPORATION C/O CARR PROPERTY MANAGEMENT INC FALC 4135968228 24 DEER PARK DRIVE EAST LONGMEADOW MA 01028 HALDIMAND S PUTNAM PRESIDENT 4135254321 2024-04-25 true HALDIMAND S PUTNAM 999009999 true JULIE QUINK P01068729 4137349040 2024-05-09 2023 2023-04-26 12:10:37Z HALDIMAND S PUTNAM 24 DEER PARK DRIVE EAST LONGMEADOW MA 01028 584018 false X X 2000 MA PROVIDE HOUSING FOR THE ELDERLY AND HANDICAPPED. 6 6 0 0 265809 345687 193433 206489 332 -4931 6559 31286 466133 578531 0 0 0 0 0 608364 684103 608364 684103 -142231 -105572 3395293 3296228 574255 580762 2821038 2715466 PROVIDE HOUSING FOR THE ELDERLY AND HANDICAPPED. false false 495668 206489 PROVIDE HOUSING FOR LOW AND MODERATE INCOME TENANTS (ELDERLY AND HANDICAPPED). 495668 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 7 0 0 false false false false false false false false X 6 6 false true false false false true true true true false false true true true true true true false false false MA X X CARR PROPERTY MANAGEMENT INC 4135254321 24 DEER PARK DRIVE EAST LONGMEADOW MA 01028 X DAVID HANNON TREASURER 1.00 X X 0 0 0 PATRICK KIERNAN DIRECTOR 1.00 X 0 0 0 MICHELE LAWLER DIRECTOR 1.00 X 0 0 0 ELAINE MASSERY CLERK 1.00 X X 0 0 0 HALDIMAND S PUTNAM PRESIDENT 1.00 X X 0 0 0 JUDITH THEOCLES DIRECTOR 1.00 X 0 0 0 false false false CARR PROPERTY MANAGEMENT INC 24 DEER PARK DRIVE EAST LONGMEADOW MA 01028 MANAGEMENT 225492 1 345687 345687 RENTAL INCOME 531110 206489 206489 206489 556 556 5487 -5487 -5487 -5487 MISCELLANEOUS 531390 22778 22778 LAUNDRY & VENDING REVENUE 531390 5411 5411 RENT REVENUE/INSURANCE 531390 3031 3031 66 66 31286 578531 232288 556 61530 61530 14300 14300 6880 6880 1022 1022 15465 15465 184757 184757 125 125 137885 137885 32024 32024 ALLOCATION MANAGEMENT FEE 119150 67295 51855 CONTRACTS 46545 46545 SERVICE COORDINATOR EXPEN 37258 37258 REPAIRS AND MAINTENANCE 10492 10492 16670 16670 684103 495668 188435 0 1276 2700 257935 266486 68 940 5615 5490 5386005 2462144 3043945 2923861 86454 96751 3395293 3296228 57068 61981 449 794 500000 500000 16738 17987 574255 580762 X -1991062 -2096634 4812100 4812100 2821038 2715466 3395293 3296228 X -105572 X false true X true true true X 243686 229960 241606 265809 345687 1326748 186492 186393 204870 193433 206489 977677 430178 416353 446476 459242 552176 2304425 2304425 284 246 297 332 556 1715 284 246 297 332 556 1715 4283 79951 37440 6559 31286 159519 434745 496550 484213 466133 584018 2465659 0.93460 0.94130 0.00000 0.00000 X PART III, LINE 12 LAUNDRY REVENUE 25,310 TENANT CHARGES 603 MISCELLANEOUS REVENUE 130,575 RENT REVENUE/INSURANCE 3,031 112017 112017 5270040 2458196 2811844 3948 3948 2923861 TENANT DEPOSITS HELD IN TRUST 17987 17987 X 584018 5487 5487 578531 578531 689590 5487 5487 684103 684103 SCHEDULE D, PAGE 3, PART X THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS, INCLUDING THE PROJECT'S TAX EXEMPT STATUS, AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. THE PROJECT'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER DECEMBER 31, 2020. SCHEDULE D, PAGE 4, PART XI, LINE 2D LOSS ON DISPOSAL OF FIXED ASSET 5,487 SCHEDULE D, PAGE 4, PART XII, LINE 2D LOSS ON DISPOSAL OF FIXED ASSET 5,487 FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS AND DIRECTORS TO A MANAGEMENT COMPANY, CARR PROPERTY MANAGEMENT, INC. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION'S MEMBERS, STOCKHOLDERS OR OTHER PERSONS HAVE THE ABLILITY TO ELECT ONE OR MORE MEMBERS TO THE GOVERNING BODY OF FALCON HOUSING CORPORATION. FORM 990, PAGE 6, PART VI, LINE 7B ALL DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE MANAGEMENT COMPANY, CARR PROPERTY MANAGEMENT, INC. AND THE BOARD REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH CONFLICT POLICY AND INVESTIGATES ANY INSTANCE DISCLOSED TO THE ORGANIZATION IMMEDIATELY TO DETERMINE IF A CONFLICT DOES EXIST. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 LOSS ON DISPOSAL OF FIXED ASSET 5,487 LOSS ON DISPOSAL OF FIXED ASSET -5,487