2024-08-13T07:36:59-05:00 2023-10-31 221478099 COHNREZNICK LLP 816 CONGRESS AVENUE SUITE 200 AUSTIN TX 78701 990 2022-11-01 132795194 AME-ZION TRINITY HOUSING DEVELOPMENT FUN FUND CO INC AME- 8454732205 21 WILLIAMS ST POUGHKEEPSIE NY 12601 VICE PRESIDENT VICE PRESIDENT 8454732205 2024-08-08 1 1 MICHAEL S CELKIS CPA P01296719 5124949100 2024-08-07 2022 2024-08-08 14:25:15Z RICHARD GILLIARD 21 WILLIAMS ST POUGHKEEPSIE NY 12601 3928956 0 X N/A X 1970 NY LOW INCOME HOUSING RENTAL 8 8 0 8 0 0 0 0 3807218 3928250 373 706 0 0 3807591 3928956 0 0 0 0 753979 804099 0 0 0 2385741 2582212 3139720 3386311 667871 542645 13454294 13442662 12850851 12296574 603443 1146088 LOW INCOME HOUSING RENTAL 0 0 3331422 3928250 AME-ZION TRINITY HOUSING DEVELOPMENT FUND CO., INC, WAS ORGANIZEDAS A NONPROFIT CORPORATION FOR THE PURPOSE OF OPERATING A RENTALHOUSING PROJECT UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. SUCHPROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBANDEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS. THEPROJECT CONSISTS OF 200 UNITS LOCATED IN POUGHKEEPSIE, NEW YORKAND IS CURRENTLY OPERATING UNDER THE NAME OF HARRIET TUBMANTERRACE APARTMENTS. SURPLUS CASH, AS DEFINED BY HUD, IS REQUIREDTO BE DEPOSITED INTO A RESIDUAL RECEIPTS RESERVE. 3331422 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 8 8 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 NY X AME-ZION TRINITY HOUSING 8454732205 21 WILLIAMS ST POUGHKEEPSIE NY 12601 X DONALD MCNEIL PRESIDENT 1.00 X X 0 0 0 RICHARD GILLIARD VICE PRESIDENT 1.00 X X 0 0 0 PAMELA REEVES SECRETARY 1.00 X X 0 0 0 REV ADRIENNE BREWINGTON OFFICER 1.00 X X 0 0 0 DAVID KIESLING OFFICER 1.00 X X 0 0 0 EDWRIN SUTTON OFFICER 1.00 X X 0 0 0 0 0 0 0 0 0 0 INNOVATIVE PROPERTY MANAGEMENT SERVICES PO BOX 512/6369 MILL STREET STE 20 RHINEBECK NY 12572 MANAGEMENT 232578 1 RENTS 531110 3883342 3883342 OTHER REVENUE 900099 44908 44908 3928250 706 706 3928956 3928250 0 706 804099 804099 232578 177689 54889 83185 83185 1184 1184 344408 344408 393770 393770 181700 181700 UTILITIES 576740 576740 OPERATING AND MAINTAINI 507220 507220 GENERAL AND ADMINISTRAT 257269 257269 TAXES 4158 4158 3386311 3331422 54889 0 4716479 4959722 731050 823594 288328 216838 38249 38604 17403107 10035704 7534194 7367403 145994 0 36501 13454294 13442662 298053 81892 12453302 12112523 99496 102159 12850851 12296574 X 603443 1146088 603443 1146088 13454294 13442662 542645 0 X 0 1 X 1 1 1 X 3212015 3516746 6341476 3807218 3928250 20805705 3212015 3516746 6341476 3807218 3928250 20805705 0 0 0 20805705 1896 1489 30 373 706 4494 1896 1489 30 373 706 4494 3213911 3518235 6341506 3807591 3928956 20810199 0.99980 0.99950 0.00020 0.00050 X 100000 100000 4770918 4770918 0 11294574 4246038 7048536 88220 78533 9687 1149395 940215 209180 7367403 SECURITY DPOSITS 102159 102159 X 3928956 0 3928956 0 3928956 3386311 0 3386311 0 3386311 PART X, LINE 2: PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED OCTOBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF OCTOBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 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. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE PROPERTY IS MANAGED BY INNOVATIVE PROPERTY MANAGEMENT SERVICES, LLC, AN UNRELATED PARTY, PURSUANT TO A MANAGEMENT AGREEMENT APPROVED BY HUD. THE MANAGEMENT AGREEMENT PROVIDES FOR A MANAGEMENT FEE OF 6.00 PERCENT OF MONTHLY OPERATING RECEIPTS. SUCH FEES CHARGED TO OPERATIONS FOR THE YEAR ENDED OCTOBER 31, 2023 WERE $232,578, OF WHICH NO AMOUNT REMAINS UNPAID AS OF OCTOBER 31, 2023. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER IS RESPONSIBLE FOR FILING THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS ALL DOCUMENTS AVAILABLE FOR PUBLIC USE UPON REQUEST.