2024-11-15T14:50:09-06:00 2023-12-31 113266576 GRASSI & CO CPA'S PC 750 THIRD AVENUE 28TH FLOOR NEW YORK NY 10017 990 2023-01-01 133214760 UNITED ODD FELLOW HOUSING DEVELOPMENT FUND COMPANY UNIT 7188636200 1070 HAVEMEYER AVENUE BRONX NY 10462 MICHAEL FELBERG COO/CFO 7188636200 2024-11-15 1 1 JAIME RAPPS P01462990 2126616166 2024-11-15 2023 2024-10-15 13:58:12Z MICHAEL FELBERG 1070 HAVEMEYER AVENUE BRONX NY 10462 1155884 0 X N/A X 1965 NY TO PROVIDE LOW INCOME SENIOR HOUSING. 7 5 3 6 0 0 0 0 1067598 1097152 1932 5803 121065 52929 1190595 1155884 0 0 0 0 340543 358235 0 0 0 1233903 1179310 1574446 1537545 -383851 -381661 13623123 12758730 17840479 17357747 -4217356 -4599017 UNITED ODD FELLOWS HOUSING DEVELOPMENT FUND COMPANY'S MISSION IS TO PROVIDE LOW INCOME SENIOR HOUSING UNDER THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 0 0 1169591 1097152 OPERATING A LOW INCOME SENIOR HOUSING FACILITY UNDER U.S.DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECTION 202. 1169591 1 0 0 0 0 0 0 1 1 0 1 0 0 0 1 1 1 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 1 0 0 0 1 12 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X MICHAEL FELBERG 7188636200 1070 HAVEMEYER AVENUE BRONX NY 10462 REED ELSON BOARD MEMBER 1.00 35.00 X 0 78394 22007 D JOSEPH BRADLEY JR VICE PRESIDENT 1.00 3.00 X X 0 0 0 MARY O'CONNELL SECRETARY 1.00 3.00 X X 0 0 0 ALAN KOREFF BOARD MEMBER 1.00 3.00 X 0 0 0 CONNIE CAPALD BOARD MEMBER 1.00 3.00 X 0 0 0 MARTIN ELSON PRESIDENT 1.00 20.00 X X 3500 56500 0 GARY ROTHMAN BOARD MEMBER 1.00 3.00 X 0 0 0 KENNETH GELB CHIEF EXECUTIVE OFFICER 1.00 35.00 X 0 529835 63335 MICHAEL FELBERG DIRECTOR OF FINANCE 1.00 35.00 X 21543 273819 74546 25043 938548 159888 0 0 1 0 0 RENTAL INCOME 532000 1097152 1097152 1097152 5803 5803 7800 0 7800 7800 7800 FORGIVENESS OF LIABILI 900099 45000 45000 LAUNDRY AND VENDING RE 900099 129 129 45129 1155884 1097152 0 58732 X 30779 30779 250815 40803 210012 12541 2040 10501 43265 7180 36085 20835 3121 17714 13277 13277 30500 30500 285482 285482 19972 886 19086 284271 284271 432066 432066 111164 111164 MISCELLANEOUS 2578 2578 1537545 1169591 367954 0 792602 383398 564339 579154 94283 68749 27111 1048 17185694 5497039 12102695 11688655 42093 37726 13623123 12758730 294341 146134 3450000 3450000 28979 30067 13424894 13424894 642265 306652 17840479 17357747 X -4217356 -4599017 -4217356 -4599017 13623123 12758730 -381661 0 X X 0 1 X 1 1 1 X 809461 786967 1004343 1067598 1097152 4765521 809461 786967 1004343 1067598 1097152 4765521 0 0 0 4765521 9467 9104 8981 9732 13603 50887 9467 9104 8981 9732 13603 50887 262077 260170 28214 113265 45129 708855 1081005 1056241 1041538 1190595 1155884 5525263 0.86250 0.86180 0.00920 0.00900 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FORGIVENESS OF LIABILITY - 2019 AMOUNT: $ 262,077. 2020 AMOUNT: $ 260,170. 2021 AMOUNT: $ 28,214. 2022 AMOUNT: $ 113,265. 2023 AMOUNT: $ 45,000. LAUNDRY AND VENDING REVENUE - 2023 AMOUNT: $ 129. 7659 X 0 0 1 X 118400 118400 16900790 5387127 11513663 166504 109912 56592 11688655 DUE TO RELATED PARTIES 306652 306652 X 1155884 0 1155884 0 1155884 1537545 0 1537545 0 1537545 PART III, LINE 4: THE ART COLLECTION PROVIDES EMOTIONAL AND PSYCHOSOCIAL SUPPORT TO THE RESIDENTS AND THEIR LOVED ONES. THE BREADTH OF THE COLLECTION APPEALS TO A DIVERSE GROUP OF RESIDENTS, AND IS EASILY ACCESSIBLE TO OLDER ADULTS AND PERSONS OF ALL ABILITIES. PART IV, LINE 2B TENANT SECURITY DEPOSITS ARE HELD IN TRUST FOR THE DURATION OF THEIR STAY. PART IV, LINE 2B: TENANT SECURITY DEPOSITS ARE HELD IN TRUST FOR THE DURATION OF THEIR STAY. PART X, LINE 2: THE HDFC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE HDFC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE HDFC BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. 0 1 0 0 0 0 0 0 0 KENNETH GELB CHIEF EXECUTIVE OFFICER 0 353101 0 0 0 176734 0 16500 0 46835 0 593170 0 0 MICHAEL FELBERG DIRECTOR OF FINANCE 21543 270819 0 0 0 3000 1077 13772 4659 55038 27279 342629 0 0 PART I, LINE 3 THE SERVICES OF INDEPENDENT CONSULTANTS ARE RETAINED THROUGH A RELATED PARTY TO REVIEW COMPENSATION PRACTICES FOR EXECUTIVE DIRECTORS IN OTHER ORGANIZATIONS OF COMPARABLE SIZE AND TYPE. THIS MARKET ANALYSIS IS THEN REVIEWED AND USED TO DETERMINE SALARY ADJUSTMENTS. IN ADDITION TRADE ASSOCIATIONS PROVIDE INFORMATION CONCERNING SALARIES, AND THE BOARD REVIEWS COMPENSATION OF SIMILAR ORGANIZATIONS VIA WWW.GUIDESTAR.COM. THIS PROCESS WAS LAST PERFORMED IN 2019 AND THE PROCESS WAS PERFORMED AGAIN IN 2024. PART I, LINE 4B KENNETH GELB AND MICHAEL FELBERG PARTICIPATE IN THE 457(F) PLAN THROUGH A RELATED ENTITY. EMPLOYEE CONTRIBUTIONS OF $176,734 AND $3,000, RESPECTIVELY, ARE INCLUDED IN PART II, COLUMN BIII. FORM 990, PART VI, SECTION A, LINE 2 MARTIN ELSON AND REED ELSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY EXIST. FORM 990, PART VI, SECTION B, LINE 11B A FINAL COPY OF THE FORM 990 IS REVIEWED BY THE CEO, DIRECTOR OF FINANCE AND ASSISTANT DIRECTOR OF FINANCE PRIOR TO BEING FILED. QUESTIONS AND COMMENTS WILL BE DISCUSSED WITH THE PREPARER FOR ANY CHANGES THAT MAY NEED TO BE ADDRESSED. THE 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C UNITED ODD FELLOWS HOUSING DEVELOPMENT FUND COMPANY HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO DIRECTORS AND OFFICERS AS WELL AS ALL EMPLOYEES. ON AN ANNUAL BASIS EVERY DIRECTOR AND OFFICER IS REQUIRED TO SUBMIT A LIST OF ALL POTENTIAL CONFLICTS OF INTEREST. THESE POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER AS WELL AS THE BOARD OF DIRECTORS TO DETERMINE WHETHER A CONFLICT OF INTEREST ACTUALLY EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST DOES EXIST, APPROPRIATE RESTRICTIONS ARE PLACED UPON THE PERSON IN CONFLICT TO ENSURE THAT ANY DELIBERATIONS AND DECISIONS DO NOT INCLUDE THE PERSON IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 REBEKAH REHAB PARTICIPATED IN A COMPENSATION SURVEY CONDUCTED BY LEADINGAGE NY. THIS MARKET ANALYSIS WAS THEN REVIEWED AND USED TO DETERMINE SALARY ADJUSTMENTS. IN ADDITION, TRADE ASSOCIATIONS PROVIDE INFORMATION CONCERNING SALARIES, AND THE BOARD REVIEWS COMPENSATION OF SIMILAR ORGANIZATIONS VIA WWW.GUIDESTAR.COM. THIS PROCESS WAS LAST PERFORMED IN 2019 AND THE PROCESS WAS PERFORMED AGAIN IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 212,022. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 212,022. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 73,460. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,460. UNITED ODD FELLOW AND REBEKAH HOME 1070 HAVEMEYER AVE BRONX NY 10462 131740053 SEE PART VII NY 501(C)(3) LINE 10 N/A 0 UNIONPORT FOUNDATION INC 1070 HAVEMEYER AVE BRONX NY 10462 237084191 SEE PART VII NY 501(C)(3) LINE 12B, II N/A 0 REBEKAH REHAB ASSISTED LIVING 1070 HAVEMEYER AVE BRONX NY 10462 815381708 SEE PART VII NY 501(C)(3) LINE 10 N/A 0 REB REH LICENSED HOME CARE SVCS AGENCY 1070 HAVEMEYER AVE BRONX NY 10462 815398464 SEE PART VII NY 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 PART II IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS UNITED ODD FELLOW AND REBEKAH HOME D/B/A REBEKAH REHAB AND EXTENDED CARE CENTER PRIMARY ACTIVITY: NURSING HOME UNIONPORT FOUNDATION, INC. PRIMARY ACTIVITY: HEALTHCARE, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ACTIVITIES REBEKAH REHAB ASSISTED LIVING PRIMARY ACTIVITY: ASSISTED LIVING PROGRAM REBEKAH REHAB LICENSED HOME CARE SERVICES AGENCY PRIMARY ACTIVITY: LICENSED HOMECARE SERVICES AGENCY