2024-10-11T14:33:30-04:00 2023-12-31 042929980 BURKHART PIZZANELLI PC 201 PARK AVE SUITE 2 WEST SPRINGFIELD MA 010891597 990 2023-01-01 311573533 PALATINE MANOR HOUSING DEVELOPMENT FUND CORPORATION PALA 4135254321 32 CHURCH AVENUE GERMANTOWN NY 125260115 ANDREA DIPACE PRESIDENT 4135254321 2024-10-02 true JULIE QUINK P01068729 4137349040 2024-10-02 2023 2024-10-15 13:58:12Z ANDREA DIPACE 24 DEER PARK DRIVE EAST LONGMEADOW MA 01028 533397 false X N/A X 1997 NY TO PROVIDE AFFORDABLE LOW-INCOME HOUSING FOR THE ELDERLY. 3 3 0 0 172281 266430 257134 261832 352 340 6158 4795 435925 533397 0 0 0 0 0 661896 623920 661896 623920 -225971 -90523 938013 803044 3653101 3608655 -2715088 -2805611 TO PROVIDE AFFORDABLE LOW-INCOME HOUSING FOR THE ELDERLY. false false 433667 261832 PALATINE MANOR HOUSING DEVELOPMENT FUND CORPORATION HAS DEVELOPED AND CURRENTLY OPERATES, ON A NON-PROFIT BASIS, A HOUSING PROJECT THAT PROVIDES AFFORDABLE HOUSING FOR ELDERLY PERSONS OF LOW-INCOME. THE HOUSING PROJECT IS LOCATED IN GERMANTOWN, NEW YORK. 433667 true false false false false false false false false false true false false true 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 6 0 0 false false false false false false false false X 3 3 false true false false false false false true true false false true true true true true true false false false NY X CARR PROPERTY MANAGEMENT 4135254321 24 DEER PARK DRIVE EAST LONGMEADOW MA 01028 X ANDREA DIPACE PRESIDENT 1.00 X X 0 0 0 LUANNE KLINE VICE PRESIDE 1.00 X X 0 0 0 BONNIE MCALISTER TREASURER 1.00 X X 0 0 0 false false false 266430 266430 RENT REVENUE 531110 261832 261832 261832 340 340 LAUNDRY & VENDING REVENUE 531390 4770 4770 TENANT CHARGES 531390 25 25 4795 533397 266627 340 57539 57539 14000 14000 7200 7200 970 970 21815 21815 97965 97965 262 262 17217 17217 138851 138851 37973 37973 ALLOCATED MANAGEMENT FEE 163576 98723 64853 CONTRACTS 27750 27750 SERVICE COORDINATOR EXPEN 23014 23014 REPAIRS AND MAINTENANCE 7212 7212 8576 7976 600 623920 433667 190253 0 8063 6368 28284 37326 26265 25181 3824868 3393533 570187 431335 305214 302834 938013 803044 141780 83133 1869 567 3048478 3048478 4109 2353 456865 474124 3653101 3608655 X -2715088 -2805611 -2715088 -2805611 938013 803044 -90523 X false true X true true true X 177385 200308 168610 172281 229190 947774 235343 244413 249197 257134 261832 1247919 412728 444721 417807 429415 491022 2195693 2195693 4302 5075 458 352 340 10527 4302 5075 458 352 340 10527 5656 4796 4584 6158 4795 25989 422686 454592 422849 435925 496157 2232209 0.98360 0.98180 0.00000 0.01000 X PART III, LINE 12 LAUNDRY & VENDING REVENUE 23,406 TENANT CHARGES 1,683 MISCELLANEOUS REVENUE 900 21500 21500 3743282 3337965 405317 60086 55568 4518 431335 RESIDUAL REPLACEMENTS 174737 ESCROW 103681 TENANT SECURITY DEPOSITS 24416 302834 ACCRUED INTEREST PAYABLE 425102 ADVANCE PAYABLE REFORMED CHURCH 27000 TENANT SECURITY DEPOSITS 22022 474124 X 533397 533397 533397 623920 623920 623920 SCHEDULE D, PAGE 3, PART X THE PROJECT IS A NOT-FOR-PROFIT CORPORATION INCORPORATED AS A 501(C)(3) ORGANIZATION AND IS CURRENTLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. 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. FORM 990, PAGE 6, PART VI, LINE 3 MANAGEMENT SERVICES ARE PROVIDED BY: CARR PROPERTY MANAGEMENT, INC. 24 DEER PARK DRIVE EAST LONGMEADOW, MA 01028 FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD PRESIDENT RECEIVES A COPY OF THE RETURN FOR REVIEW AND APPROVAL. UPON APPROVAL, THE BOARD PRESIDENT WILL PROVIDE AUTHORIZATION TO FILE THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY EXECUTE A CONFLICT OF INTEREST DOCUMENT STATING THAT THEY HAVE RECEIVED, READ AND UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST DOCUMENT. THE CONFLICT OF INTEREST DOCUMENT REQUIRES THE BOARD MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY. THE BOARD PRESIDENT WILL, UPON NOTIFICATION OF SUCH AN EVENT, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY CAN RESULT IN APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALSO, ALL BOARD MEMBERS, BY EXECUTING THE CONFLICT OF INTEREST DOCUMENT, ACKNOWLEDGE THAT THEY SHARE THE RESPONSIBILITY OF THE ENTITY TO REMAIN FAITHFUL TO THE ORGANIZATION'S CHARITABLE PURPOSE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.