2024-03-14T09:31:34-05:00 2023-12-31 161451346 FLAHERTY SALMIN LLP 2300 BUFFALO RD BLDG 200 ROCHESTER NY 14624 990 2023-01-01 161399793 GREATER ROCHESTER HOUSING PARTNERSHIP INC GREA 5854236320 16 EAST MAIN STREET SUITE 610 ROCHESTER NY 14614 THEODORA FINN PRESIDENT 5854236320 2024-03-13 1 THEODORA FINN 999009999 1 THOMAS J NOLAN CPA P00437680 5852790120 2024-03-13 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z 16 EAST MAIN STREET SUITE 610 ROCHESTER NY 14614 1353775 0 X WWW.GRHP.ORG X 1992 NY TO PROVIDE FINANCING FOR AFFORDABLE HOUSING PROJECTS FOR SOCIAL SERVICES AND HOUSING AGENCIES. 13 13 5 0 0 0 500100 500094 379707 696323 9539 157358 0 0 889346 1353775 0 0 0 0 402825 446800 0 0 0 122012 135977 524837 582777 364509 770998 13650007 11509734 3265578 354307 10384429 11155427 GREATER ROCHESTER HOUSING PARTNERSHIP, INC. (GRHP) WAS ESTABLISHED PRIMARILY TO PROVIDE FINANCING FOR AFFORDABLE HOUSING TO SOCIAL SERVICES AND HOUSING AGENCIES, EITHER DIRECTLY OR BY PARTICIPATING WITH BANKS, IN THE ROCHESTER, NEW YORK AREA. 0 0 221549 696323 TO PROVIDE FINANCING AND DEVELOPMENT SERVICES TO DEVELOPERS OF AFFORDABLE HOUSING, EITHER DIRECTLY OR BY PARTICIPATING WITH OTHER LENDERS. GRHP CONTINUED LENDING ACTIVITY ON PROJECTS THAT BEGAN IN PREVIOUS YEARS AND CLOSED ON A NEW LOAN. GRHP CONTINUES TO IDENTIFY AND CULTIVATE OPPORTUNITIES FOR INCREASING COMMUNITY RESOURCES AVAILABLE TO FINANCE AND SUPPORT AFFORDABLE HOUSING. 221549 1 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 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 1 0 0 0 1 11 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MICHAEL BURKE 5854236320 16 EAST MAIN STREET SUITE 610 ROCHESTER NY 14614 ANN BABCOCK-STINER BOARD MEMBER 1.00 X 0 0 0 ANN MCCORMICK SECRETARY 1.00 X X 0 0 0 CHANH QUACH BOARD MEMBER 1.00 X 0 0 0 CLINT W CAMPBELL BOARD MEMBER 1.00 X 0 0 0 ERIK FRISCH BOARD MEMBER 1.00 X 0 0 0 JAMES A GOFF VICE CHAIRMAN 1.00 X X 0 0 0 JULIO VAZQUEZ BOARD MEMBER 1.00 X 0 0 0 LOREN J RANALETTA BOARD MEMBER 1.00 X 0 0 0 MIGUEL MELENDEZ BOARD MEMBER 1.00 X 0 0 0 PATRICIA KEENAHAN TREASURER 1.00 X X 0 0 0 RICHARD MUELLER CHAIRMAN 1.00 X X 0 0 0 STEVE TRANELLI BOARD MEMBER 1.00 X 0 0 0 TONY D'ARPINO BOARD MEMBER 1.00 X 0 0 0 MICHAEL BURKE CONTROLLER 35.00 X 118254 0 19135 THEODORA FINN PRESIDENT 35.00 X 149891 0 24023 268145 0 43158 2 0 1 0 0 500000 94 500094 INTEREST ON FINANCING 531390 362016 362016 FEES 532000 229704 229704 MANAGEMENT FEES 532000 104603 104603 696323 157358 157358 1353775 696323 0 157358 289222 138339 150883 75647 12500 63147 54447 22509 31938 27484 11351 16133 16572 6851 9721 18600 18600 4870 2013 2857 30932 15466 15466 4332 1791 2541 5197 2148 3049 20329 20329 MISCELLANEOUS 14387 0 14387 EQUIPMENT LEASE 8987 3715 5272 SUPPLIES 6625 2739 3886 TELEPHONE 5146 2127 3019 582777 221549 361228 0 100 100 2328796 3733365 72018 39294 22688 22276 45219 36657 729 8562 2276631 36708 8870440 7499916 8181 5014 70424 164499 13650007 11509734 28281 33248 244500 244500 2976137 0 16660 76559 3265578 354307 X 7076640 7758912 3307789 3396515 10384429 11155427 13650007 11509734 770998 0 X 0 1 X 1 0 X 5073 62458 46997 500000 500000 1114528 540411 418624 571386 379707 696323 2606451 545484 481082 618383 879707 1196323 3720979 0 316054 214470 390167 165149 413234 1499074 316054 214470 390167 165149 413234 1499074 2221905 58338 36304 9798 15886 151870 272196 58338 36304 9798 15886 151870 272196 603822 517386 628181 895593 1348193 3993175 0.55640 0.55570 0.06820 0.05000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 45219 36657 8562 8562 TAX CREDIT FUNDS 228 C NOTES RECEIVABLE 5700265 F CONSTRUCTION FINANCING RECEIVABLE 1555000 F AMOUNTS HELD IN ESCROW 244423 F 7499916 LEASE LIABILITY 27405 LONG TERM LEASE LIABILITY 49154 76559 X PART IV, LINE 2B: DURING 2022, THE COUNTY OF WAYNE ADVANCED $257,000 TO GRHP WHICH IS TO BE USED TO PROVIDE LOANS FOR PREDEVELOPMENT COSTS TO ASSIST NOT-FOR-PROFIT AND FOR PROFIT OWNERS AND DEVELOPERS IN SECURING CONSTRUCTION AND PERMANENT FINANCING RELATED TO PRESERVING AFFORDABLE HOUSING IN WAYNE COUNTY. AS OF DECEMBER 31, 2023 THE BALANCE OF FUNDS HELD BY GRHP FROM THE COUNTY OF WAYNE IS $244,500. AS OF 2023, THERE HAVE BEEN NO LOANS MADE. GRHP EARNED $12,500 IN FEES IN 2022 FOR THE ADMINISTRATION OF THIS PROGRAM. PART X, LINE 2: THE COMPANY IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM INCOME TAX AS A CORPORATION QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE HAS ALSO CLASSIFIED THE COMPANY AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION. FOR TAX-EXEMPT ENTITIES, THEIR TAX EXEMPT STATUS ITSELF IS CONSIDERED TO BE AN UNCERTAINTY SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2023 AND 2022, THE COMPANY DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE COMPANY FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. X X X X 0 0 0 0 0 0 0 0 0 THEODORA FINN PRESIDENT 149891 0 0 0 0 0 0 0 24023 0 173914 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B STAFF AND AUDITOR COMPLETE THE FORM 990 AT LEAST 45 DAYS BEFORE IT IS DUE TO THE IRS. THE DRAFT FORM 990 IS DISTRIBUTED TO THE BOARD FOR REVIEW AND COMMENT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR CONFLICT OF INTEREST DISCLOSURES ARE COMPLETED BY EVERY BOARD MEMBER AND THE CONTROLLER. ANY REPORTED CONFLICTS WILL BE REVIEWED BY THE CHAIRPERSON OF THE BOARD. THE RESTRICTIONS ON BOARD MEMBERS, AS A RESULT OF POTENTIAL CONFLICTS, ARE DESCRIBED IN THE BY-LAWS OF THE ORGANIZATION. THE CHAIRPERSON HAS RESPONSIBILITY FOR ENFORCING THOSE RESTRICTIONS. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF THE BOARD IS CONVENED TO REVIEW COMPENSATION AND BENEFITS. THE COMMITTEE SELECTS AN OUTSIDE CONSULTANT TO PREPARE SALARY AND BENEFIT SURVEY COVERING ALL PAID STAFF POSITIONS. THE RESULTS OF THE SURVEY ARE REVIEWED BY THE COMMITTEE AND AUTHORIZATION TO ADJUST OR ESTABLISH SALARIES IS RECOMMENDED TO THE BOARD. THE BOARD VOTES ON THE COMMITTEE'S RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. GRHP COMPLIES WITH ALL APPLICABLE FEDERAL AND STATE DISCLOSURE REQUIREMENTS. GREATER ROCHESTER PARTNERSHIP HOUSING DEV FUND CORP 16 EAST MAIN STREET SUITE ROCHESTER NY 14614 161426651 ACQUIRE AND REHABILITATE HOUSING NY 501(C)(3) LINE_7_ORGANIZATION_ GREATER ROCHESTER HOUSING PARTNERSHIP 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0