2024-11-15T15:05:04-06:00 2023-12-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2023-06-01 884132751 LIBERTY GEORGIAN ARMS HOUSING DEVELOPMENT FUND COMPANY INC LIBE 3153371401 119 N GEORGE STREET ROME NY 13440 RANDELL DENTON EXECUTIVE DIRECTOR 3153371401 2024-11-15 1 0 LORI A CIARLA CPA P01278148 3154719171 2024-11-15 2023 2024-10-15 13:58:12Z X RANDELL DENTON 117 WEST LIBERTY STREET SUITE 3 ROME NY 13440 366338 0 X N/A X 2022 NY LIBERTY GEORGIAN ARMS HOUSING DEVELOPMENT FUND COMPANY, INC. OPERATES APARTMENT UNITS PROJECT IN UPSTATE NY. THE ORGANIZATION PRIMARILY PROVIDES HOUSING FOR TENANTS. 17 17 0 0 0 0 0 360626 832 4880 366338 0 0 88301 0 0 236748 325049 41289 3240147 3198858 41289 THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN,AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONOPROFIT BASIS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK 0 0 273106 361458 TO OPERATE A LOW INCOME HOUSING PROJECT CONSISTING OF 81 APARTMENTS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 273106 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CRM RENTAL MANAGEMENT INC 3153371401 117 WEST LIBERTY STREET SUITE 6 ROME NY 13440 DAVID CARELLO PRESIDENT 5.00 X X 0 0 0 DONALD DAVIDSON VICE PRESIDENT 5.00 X X 0 0 0 PATRICIA CAPRIO VICE PRESIDENT 5.00 X X 0 0 0 JOHN N VAGIANELIS ESQ LIBERTY COUNSEL 1.00 X 0 0 0 JOHN F BUFFA TREASURER 5.00 X X 0 0 0 DAVID COLLIS SECRETARY 5.00 X X 0 0 0 WALTER MADEJ BOARD MEMBER 1.00 X 0 0 0 TIMOTHY BIRNIE BOARD MEMBER 1.00 X 0 0 0 FREDERICK T GRIFFIN BOARD MEMBER 1.00 X 0 0 0 CINDY LAFOUNTAIN BOARD MEMBER 1.00 X 0 0 0 JOHN B LIGAS BOARD MEMBER 1.00 X 0 0 0 MATTHEW NIMEY BOARD MEMBER 1.00 X 0 0 0 ROBERT RYAN BOARD MEMBER 1.00 X 0 0 0 CHRISTINA SANFILIPPO BOARD MEMBER 1.00 X 0 0 0 CHARMAINE ROSADO BOARD MEMBER 1.00 X 0 0 0 DEBRA MARTIN BOARD MEMBER 1.00 X 0 0 0 KATHLEEN BIERMAN BOARD MEMBER 1.00 X 0 0 0 RANDELL DENTON EXECUTIVE DIRECTOR, PARENT ENTITY 1.00 X 0 262807 0 GREGORY COUGHLIN CFO, PARENT ENTITY 1.00 X 0 47277 0 0 310084 0 0 0 1 0 0 RENT INCOME- APTS 531110 360626 360626 360626 832 832 LAUNDRY & VENDING REVE 812300 3205 3205 MISC REVENUE 900099 1322 1322 TENANT CHARGES 531390 353 353 4880 366338 361458 0 4880 67387 67387 20914 20914 26726 26726 350 350 5833 5833 19034 19034 52972 52972 37025 37025 38228 38228 16708 16708 OPERATING & MAINTAINANC 39872 39872 325049 273106 51943 0 36485 1605 12176 2621353 38228 0 2583125 0 606756 0 3240147 54885 2383316 731810 0 28847 0 3198858 X 0 0 0 0 0 41289 0 41289 0 3240147 41289 0 X 0 1 X 0 1 1 X 360626 360626 360626 360626 0 0 0 360626 832 832 832 832 4880 4880 366338 366338 0.98440 0.00230 X PART III - LINE 19A ORGANIZATION BEGAN OPERATIONS ON JUNE 1, 2023 2621353 38228 2583125 2583125 TENANT SECURITY DEPOSITS 25121 RESTRICTED DEPOSITS 581635 606756 TENANT SECURITY DEPOSITS 25121 DEFERRED REVENUE 3726 28847 X 366338 0 366338 0 366338 325049 0 325049 0 325049 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, AND UNDER SIMILAR REQUIREMENTSOF NEW YORK STATE LAW, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE TAXES. MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE CORPORATION'S EXEMPT STATUS. 0 0 0 0 0 0 0 0 0 RANDELL DENTON EXECUTIVE DIRECTOR, PARENT ENTITY 0 262807 0 0 0 0 0 0 0 0 0 262807 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CRM RENTAL MANAGEMENT, INC. UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGING AGENT'S CFO RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. LIBERTY AFFORDABLE HOUSING INC 117 W LIBERTY ST SUITE 3 ROME NY 13440 300056836 TO PROVIDE AFFORDABLE, SECURE HOUSING TO LOWER INCOME AND ELDERLY TENANTS NY 501 (C) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0