2024-11-15T09:31:28-06:00 2023-12-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2023-01-01 061318124 HACD CORPORATION HACD 2037442500 2 MILL RIDGE ROAD DANBURY CT 06811 JEFFREY A PAGELSON CHIEF FINANCIAL OFFICER 2037442500 2024-11-14 1 1 EDWARD ENGBERG P01341179 8605223111 2023 2024-10-15 13:58:12Z DEVIN LUCIANO MARRA 2 MILL RIDGE ROAD DANBURY CT 06811 1848182 0 X N/A X 1990 CT TO PROVIDE HOUSING FOR HOMELESS AND LOW INCOME INDIVIDUALS 4 4 0 4 0 0 0 0 959597 939452 133 603557 1063 687 960793 1543696 950230 926125 0 0 28795 28327 0 0 0 100126 78287 1079151 1032739 -118358 510957 3468870 3785703 233164 39040 3235706 3746663 TO PROVIDE HOUSING FOR HOMELESS AND LOW INCOME INDIVIDUALS 0 0 1008226 926125 940139 HACD CORPORATION OWNS AND OPERATES 21 UNITS OF LOW-INCOME HOUSING IN DANBURY, CONNECTICUT 1008226 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 0 0 0 0 X HOUSING AUTHORITY OF THE CITY OF DANBURY 2037442500 2 MILL RIDGE ROAD DANBURY CT 06811 JEFF M RIECK EXECUTIVE DIRECTOR 5.00 35.00 X 0 151344 38856 JEFFREY A PAGELSON CHIEF FINANCIAL OFFICER 5.00 35.00 X 0 145010 61665 DEVIN LUCIANO-MARRA DIRECTOR OF FINANCIAL OPERATIONS AND IT 5.00 35.00 X 0 104732 57448 JENNIFER DELANEY DIRECTOR OF OPERATIONS 5.00 35.00 X 0 131692 48270 JESSICA CASTRO OPERATIONS MANAGER 5.00 35.00 X 0 113057 48897 DOMENICO CHIEFFALO CHAIRMAN 1.00 X X 0 0 0 RAYMOND YAMIN VICE CHAIRMAN 1.00 X X 0 0 0 ROSE MORRISON RESIDENT COMMISSIONER 1.00 X 0 0 0 SHAY NAGARSHETH COMMISSIONER 1.00 X 0 0 0 0 645835 255136 0 0 1 0 0 RENTAL INCOME 531110 928000 928000 MANAGEMENT FEES 900099 11452 11452 939452 848 848 907195 304486 602709 602709 602709 MISCELLANEOUS INCOME 900099 687 687 687 1543696 940139 0 603557 926125 926125 17939 14351 3588 3901 3121 780 4973 3978 995 1514 1211 303 6949 6949 10060 10060 51 51 3219 2575 644 689 551 138 8415 8415 5964 5964 18294 18294 19369 19369 OTHER EXPENSES 5277 4221 1056 1032739 1008226 24513 0 3966 11206 380680 1152598 154873 186325 2415834 2264594 16059 10000 0 0 322780 0 184 132 174494 160848 3468870 3785703 18641 11464 187645 0 26878 27576 233164 39040 X 3235706 3746663 3235706 3746663 3468870 3785703 510957 0 X X 0 1 X 1 0 X 677791 862183 858928 959597 939452 4297951 677791 862183 858928 959597 939452 4297951 0 291413 371217 380280 456164 409622 1908696 291413 371217 380280 456164 409622 1908696 2389255 125 132 132 133 848 1370 125 132 132 133 848 1370 246 10 1063 687 2006 677916 862561 859070 960793 940987 4301327 0.55550 0.55940 0.00030 0.00360 X 0 NET PENSION LIABILITY 24251 DEFERRED INFLOWS 3325 27576 X 1543696 0 1543696 0 1543696 1032739 0 1032739 0 1032739 PART X, LINE 2: THE CORPORATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE CORPORATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CORPORATION HAS MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS, HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. ANY INTEREST OR PENALTY ASSESSED TO THE CORPORATION IS RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 0 HOUSING AUTHORITY OF THE CITY OF DANBURY 2 MILL RIDGE ROAD DANBURY CT 06811 066002454 STATE OF CT 926125 0 N/A N/A HOUSING ASSITANCE PAYMENTS 0 0 0 0 0 0 0 0 0 JEFF M RIECK EXECUTIVE DIRECTOR 0 151344 0 0 0 0 0 25193 0 13663 0 190200 0 0 JEFFREY A PAGELSON CHIEF FINANCIAL OFFICER 0 145010 0 0 0 0 0 24367 0 37298 0 206675 0 0 DEVIN LUCIANO-MARRA DIRECTOR OF FINANCIAL OPERATIONS AND 0 104732 0 0 0 0 0 17895 0 39553 0 162180 0 0 JENNIFER DELANEY DIRECTOR OF OPERATIONS 0 131692 0 0 0 0 0 21862 0 26408 0 179962 0 0 JESSICA CASTRO OPERATIONS MANAGER 0 113057 0 0 0 0 0 19000 0 29897 0 161954 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CHIEF FINANCIAL OFFICER BEFORE IT WAS FILED WITH THE IRS. NO CHANGES TO OVERSIGHT FROM PRIOR YEAR. NO CHANGES TO OVERSIGHT FROM PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF THE HOUSING AUTHORITY OF THE CITY OF DANBURY (HACD). ANNUALLY, ON A CALENDAR YEAR BASIS, HACD SHALL DISTRIBUTE "STATEMENT OF AFFILIATION AND CONFLICT OF INTEREST DISCLOSURE" FORM TO ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES. EACH SUCH INDIVIDUAL SHALL COMPLETE THE DISCLOSURE FORM AND RETURN IT TO HACD'S EXECUTIVE DIRECTOR. EACH OFFICER, DIRECTOR, TRUSTEE, AND KEY EMPLOYEE SHALL SUBMIT AN UPDATED FORM DURING THE YEAR IF ANY INFORMATION CHANGES OR NEW POTENTIAL CONFLICTS ARISE. THE EXECUTIVE DIRECTOR AND CHAIR SHALL CONDUCT THE INITIAL REVIEW OF ANY POTENTIAL CONFLICTS OF INTEREST IDENTIFIED IN THE DISCLOSURE FORM. THE CHAIR AND EXECUTIVE DIRECTOR SHALL ALSO CONSIDER ANY CONFIDENTIALITY ISSUES THAT MIGHT ARISE WITH RESPECT TO A TRANSACTION OR ACTIVITY. THE CHAIR AND EXECUTIVE DIRECTOR SHALL ADOPT A PRELIMINARY FINDING THAT THE ACTIVITY RAISING THE POTENTIAL CONFLICT OF INTEREST, OR PRESENTING A QUESTION OF CONFIDENTIALITY: SHOULD BE PERMITTED WITHOUT ANY NEED TO INVOKE THE PROCEDURES OF THE BYLAWS OR IMPOSE CONFIDENTIALITY RESTRICTIONS SHOULD BE PERMITTED BUT WITH FURTHER MONITORING IN THE EVENT THAT A FURTHER CONFLICT MAY DEVELOP THAT WILL REQUIRE CONSIDERATION MAY BE PERMITTED BUT ONLY AFTER STRICT ADHERENCE TO THE PROCEDURAL REQUIREMENTS SET FORTH IN THE BYLAWS, INCLUDING THE REQUIREMENT THAT THE INVOLVED OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES SHALL ABSENT HIMSELF OR HERSELF FROM PARTICIPATION IN THE BOARD'S DELIBERATIONS AND VOTE WITH RESPECT TO SUCH ACTIVITY AND/OR ONLY WITH CONFIDENTIALITY RESTRICTIONS IMPOSED MAY BE PERMITTED BUT COULD CREATE AN APPEARANCE OF IMPROPRIETY OR NEGATIVE PUBLIC IMAGE FOR HACD WHICH SHOULD BE CONSIDERED BY THE BOARD OR SHOULD NOT BE UNDERTAKEN. THE PRELIMINARY FINDING OF THE EXECUTIVE DIRECTOR AND CHAIR OF THE BOARD SHALL BE PRESENTED TO THE BOARD OF DIRECTORS OF HACD FOR REVIEW AND FINAL DETERMINATION OF WHETHER A CONFLICT EXISTS OR, IF APPROPRIATE, TO ANY COMMITTEE OF THE BOARD TO WHOM SUCH DETERMINATION HAS BEEN DELEGATED. IF EITHER THE EXECUTIVE DIRECTOR OR CHAIR HAS THE POTENTIAL CONFLICT, HE OR SHE SHALL NOT PARTICIPATE IN MAKING SUCH FINDING IF BOTH HAVE A POTENTIAL CONFLICT THE MATTER SHALL BE PRESENTED DIRECTLY TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 CFO MAINTAINS COPIES OF FORM 990 AND UPON REQUEST WILL PROVIDE DOCUMENTS FOR INTERESTED PERSONS FOR REVIEW PART XII, LINE 2C NO CHANGES TO OVERSIGHT FROM PRIOR YEAR. HOUSING AUTHORITY OF THE CITY OF DANBURY 2 MILL RIDGE RD DANBURY CT 06810 066002454 LOW INCOME HOUSING CT LINE 6 N/A 0 DHA HOUSING CORPORATION 2 MILL RIDGE RD DANBURY CT 06810 060934573 LOW INCOME HOUSING CT 501(C)(3) LINE 10 HOUSING AUTHORITY OF THE CITY OF DANBURY 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 HOUSING AUTHORITY OF THE CITY OF DANBURY B 926125 CASH VALUE