2024-11-12T09:17:23-06:00 2023-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 50 ROCKEFELLER PLAZA NEW YORK NY 10020 990 2023-07-01 453615582 DIVISION HOUSING CORPORATION DIVI 2126928351 60 DIVISION AVENUE BROOKLYN NY 11249 MSGR ANTHONY HERNANDEZ PRESIDENT 2126928351 2024-11-07 1 1 AMANDA ADAMS P00748038 2126971000 2024-11-07 2023 2024-10-15 13:58:12Z MSGR ANTHONY HERNANDEZ 60 DIVISION AVENUE BROOKLYN NY 11249 2014774 0 X N/A X 2011 NY TO OWN, REHABILITATE, MAINTAIN, AND MANAGE, ON A NONPROFIT BASIS, A MUNICIPALLY-AIDED HOUSING PROJECT IN BROOKLYN, NY, FOR PERSONS WITH LOW INCOME. 4 4 25 0 0 0 0 0 8193775 1389704 6723152 625070 0 0 14916927 2014774 0 0 0 0 1510357 0 0 0 0 5858896 15861 7369253 15861 7547674 1998913 11078346 13092259 0 15000 11078346 13077259 TO OWN, REHABILITATE, MAINTAIN, AND MANAGE, ON A NONPROFIT BASIS, A MUNICIPALLY-AIDED HOUSING PROJECT IN BROOKLYN, NY, FOR PERSONS WITH LOW INCOME. 0 0 861 1389704 THROUGH ITS MAJORITY INTEREST IN RC PLAZA ASSOCIATES, LLC, THE CORPORATION OVERSEES THE OPERATION OF AN APARTMENT COMPLEX OF 534 RESIDENTIAL UNITS (AND TWO COMMERCIAL SPACES), WHICH SERVES AS LOW-INCOME RENTAL HOUSING. 861 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 7 0 1 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 NY X DOUGLAS ELLIMAN PROPERTY MANAGEMENT 2126928351 909 3RD AVENUE 11TH FLOOR NEW YORK NY 10022 X MONSIGNOR ANTHONY HERNANDEZ PRESIDENT 5.00 X X 0 0 0 RABBI JOSHUA ROSENBAUM DIRECTOR 3.00 X 0 0 0 MARY DUNBAR SECRETARY / TREASURER 3.00 X X 0 0 0 MIGUEL HERNANDEZ DIRECTOR 3.00 X 0 0 0 0 0 0 0 0 0 0 RAFE CONTRACTING LLC 380 PINE STREET BROOKLYN NY 11208 REPAIR & MAINTENANCE 173525 Z&S CONSTRUCTION CO 533 E 2ND STREET APT 4F BROOKLYN NY 11218 REPAIR & MAINTENANCE 157475 CITI SECURITY INC 129 SOUTH 8TH STREET BROOKLYN NY 11211 SECURITY 142014 CLASSIC CONSTRUCTION NY CORP 501 MCDONALD AVENUE STE 1R BROOKLYN NY 11218 REPAIR & MAINTENANCE 134180 4 RENTAL INCOME FROM K-1 531110 1389704 1389704 1389704 625070 625070 2014774 1389704 0 625070 15000 15000 861 861 15861 861 15000 0 9204956 9412908 1873390 3679351 11078346 13092259 0 15000 0 15000 X 11078346 13077259 11078346 13077259 11078346 13092259 1998913 0 X 0 0 0 X 15985283 16069386 16574894 8305326 1389704 58324593 15985283 16069386 16574894 8305326 1389704 58324593 0 0 0 58324593 157659 81314 43685 269946 625070 1177674 157659 81314 43685 269946 625070 1177674 16142942 16150700 16618579 8575272 2014774 59502267 0.98020 0.99040 0.01980 0.00960 X PART II: 2023 IS FOR THE SHORT PERIOD JULY 1, 2023 TO DECEMBER 31, 2023. 0 INVESTMENT IN RC PLAZA ASSOCIATES, LLC 3679351 C 3679351 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER PROPERTY AND BACK OFFICE MANAGEMENT DUTIES TO DOUGLAS ELLIMAN PROPERTY MANAGEMENT. AFTER THE TRANSFER OF PROPERTY TO RC PLAZA ASSOCIATES LLC, THE MANAGEMENT COMPANY STILL KEEPS THE BOOKS FOR DIVISION HOUSING COMPANY ALONG WITH MONTHLY BANK RECONCILIATIONS. FORM 990, PART VI, SECTION B, LINE 11B A TENTATIVE DRAFT OF THE FORM 990 (BEFORE IT IS FINALIZED AND SENT TO IRS) IS SENT TO THE ORGANIZATION'S BOARD PRESIDENT, WHO REVIEWS AND DISCUSSES THE RETURN, ALONG WITH THE UNDERLYING FINANCIAL STATEMENTS, WITH THE GOVERNING BODY. ANY SUGGESTED CHANGES OR COMMENTS AND QUESTIONS ARE THEN DISCUSSED WITH THE CPA BY A CONFERENCE CALL. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR OR TRUSTEE IS REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS IN A BOARD MEETING. IF AN ITEM OF CONFLICT IS NOTED, THE BOARD DISCUSSES AND VOTES ON IT BEFORE REWARDING ANY CONTRACTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND PRIOR FINANCIAL STATEMENTS, ETC. ARE MADE AVAILABLE TO PUBLIC UPON REQUEST. COPIES OF THESE DOCUMENTS ARE KEPT AT THE MANAGING AGENT'S OFFICE AND ONCE REQUESTED, THE AGENT WILL MAIL SUCH COPIES BY REGULAR MAIL. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC MONSIGNOR ANTHONY HERNANDEZ - 263 MARCY AVENUE, BROOKLYN, NY 11211. RABBI JOSHUA ROSENBAUM - 469 BEDFORD AVENUE, BROOKLYN, NY 11211. MARY DUNBAR - 693 BEDFORD AVENUE, BROOKLYN, NY 11211. MIGUEL HERNANDEZ - 90 ROSS STREET, APT 6A, BROOKLYN, NY 11249. RC PLAZA ASSOCIATES LLC ONE PORTLAND SQUARE SUITE 6A PORTLAND ME 04101 814340960 LOW-INCOME HOUSING NY DIVISION HOUSING CORPORATION RELATED 1805961 37344427 0 1 0.51000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0