2024-10-12T13:06:33-05:00 2023-12-31 WITHUMSMITHBROWN PC 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2023-01-01 133723566 Dowling Housing Corp % MATTHEW JANECZKO DOWL 8453651662 6 THORPE DRIVE SPARKILL NY 10976 Matthew Janeczko EXECUTIVE DIRECTOR 8453651662 2024-11-15 true true JAMES HUANG CPA P01513328 2127519100 2023 2024-10-15 13:58:12Z Matthew Janeczko PO BOX 276 SPARKILL NY 10976 261816 false X N/A X 1993 NY THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE AND SPONSOR THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING AND RELATED SERVICES FOR ELDERLY AND HANDICAPPED PERSONS. 5 5 0 0 16253 7598 191666 189127 -197845 62591 2500 2500 12574 261816 0 0 0 0 0 0 0 0 0 278257 314604 278257 314604 -265683 -52788 7716905 7477571 12503617 12633800 -4786712 -5156229 X SEE SCHEDULE O false false 314604 189127 THE EXEMPT ORGANIZATION HOLDS A LONG TERM LEASE TO A RESIDENTIAL BUILDING THAT PROVIDES FOR SENIOR CITIZEN HOUSING INCLUDING A CENTRAL DINING AREA, INDOOR AND OUTDOOR COMMUNITY AREAS, AND LAUNDRY FACILITIES. 314604 true false false false false false false false false false false false true true true true false true false false false false false false false false false false false false false false false false false false false false false false false false true true true true false false true 0 0 0 false false false false false false false false false false false false false X 5 5 false false false false true true false true false false false true true true true true true true true true true NY X X MATTHEW JANECZKO 8453651662 190 KINGS HIGHWAY PO BOX 276 SPARKILL NY 10976 X Maryann Summa TREASURER 10.0 9.0 X X 0 0 0 Aileen Donovan PRESIDENT 10.0 1.0 X X 0 0 0 Lesley Block SECRETARY 10.0 1.0 X X 0 0 0 Matthew Janeczko executive Director 10.0 1.0 X X 0 0 0 Mary Dunning Vice President 10.0 1.0 X X 0 0 0 0 0 0 0 false false false 0 7598 7598 DIRECT FINANCING LEASE 523999 99832 99832 PARTNERSHIP MANAGEMENT FEE 531390 89295 89295 189127 62591 62591 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 2500 2500 2500 261816 254218 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 224226 224226 0 22263 22263 0 ADMINISTRATIVE 51733 51733 PROGRAM EXPENSES 16382 16382 314604 314604 0 0 4342 76325 0 0 0 0 1308189 1397484 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5162315 4813966 83485 61222 1158574 1128574 7716905 7477571 909673 1040718 0 0 0 0 0 0 0 0 0 0 6855000 6600000 0 0 4738944 4993082 12503617 12633800 X -4786712 -5156229 0 0 -4786712 -5156229 7716905 7477571 X -52788 -316729 X false true X false false X 8603 10911 137290 16253 7598 180655 199813 197028 194339 191666 189127 971973 0 0 0 208416 207939 331629 207919 196725 1152628 0 0 0 1152628 -146519 -166558 -347678 -197845 62591 -796009 0 -146519 -166558 -347678 -197845 62591 -796009 0 42692 3208 10000 2500 2500 60900 104589 44589 -6049 12574 261816 417519 1.00000 1.00000 0.00000 0.00000 X 4813966 DUE FROM AFFILIATES 708936 REPLACEMENT RESERVE 394521 DUE FROM THORPE VILLAGE 25117 1128574 0 INVESTMENT IN DOWLING GARDENS 1536737 DUE TO DOWLING CONSULTANTS 3206317 DUE TO AFFILIATE 225028 DUE TO DOMINICAN SISTERS 25000 4993082 X 2369330 2424243 2424243 -54913 316729 316729 261816 2530664 2216060 2216060 314604 314604 PART X - FIN 48 FOOTNOTE MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES IN THE UNITED STATES FOR YEARS BEFORE 2020. SCHEDULE D, PART XI, LINE 2D Consolidation adjustments per audited FS SCHEDULE D, PART XI, LINE 4B OTHER REVENUE INCLUDED ON FORM 990 BUT NOT INCLUDED IN F/S DOWLING GARDENS LP K-1 SCHEDULE D, PART XII, LINE 2D OTHER EXPENSES AND LOSSES PER AUDITED F/S ADJUSTMENT PER AUDITED CONSOL. F.S. FORM 990, PART III, LINE 1 - ORGANIZATION MISSION THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE AND SPONSOR THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING AND TO PROVIDE RELATED SERVICES FOR ELDERLY AND HANDICAPPED PERSONS. THE RELATED SERVICES SHALL INCLUDE: CASE MANAGEMENT SERVICES TO ASSIST WITH THE PHYSICAL AND EMOTIONAL NEEDS OF THE FRAIL, AGED AND ELDERLY MEMBERS OF POPULATION, RECRUITMENT OF SERVICES FROM AREA PROVIDERS OF SOCIAL SERVICES, FAMILY HEALTH SERVICES AND GERONTOLOGY SERVICES. THE ORGANIZATION ALSO PROVIDES ASSISTED LIVING FOR SENIOR CITIZEN. RESIDENTIAL SERVICES INCLUDE DINING AND LAUNDRY FACILITIES UNDER A LEASE OF REAL PROPERTY. FORM 990, PART VI, LINE 6 - EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLD THE MEMBERS OF THE CORPORATION SHALL BE THE EXECUTIVE TEAM OF THE DOMINICAN SISTERS OF SPARKILL. THE TERM OF OFFICE OF A MEMBER SHALL BE THE LENGTH OF HIS OR HER TERM ON THE EXECUTIVE TEAM. FORM 990, PART VI, LINE 7A - HOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING BODY THE MEMBERS OF THE CORPORATION SERVE AS THE LEADERSHIP TEAM OF THE ROMAN CATHOLIC RELIGIOUS INSTITUTE KNOWN AS THE DOMINICAN SISTERS OF SPARKILL. THE POWERS OF THE MEMBERS ARE SET FORTH IN THE BYLAWS AND INCLUDE THE APPOINTMENT OR REMOVAL OF DIRECTORS TO THE BOARD OF DIRECTORS AND THE AMENDMENT OF THE CERTIFICATE OF INCORPORATION. FORM 990, PART VI, LINE 11B - FORM 990 REVIEW PROCESS THE FEDERAL TAX FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 12C - EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS CONFLICTS OF INTEREST ARE TO BE REPORTED TO THE BOARD MEMBERS. FORM 990, PART VI, LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS - OFFICERS & KEY EMPLOYEES THE ORGANIZATION DOES NOT PAY ITS OFFICERS COMPENSATION. IF AND WHEN THAT POLICY CHANGES THEN THE BOARD WILL ESTABLISH A COMPENSATION POLICY. FORM 990, PART VI, LINE 18 - EXPLANATION OF OTHER MEANS FORMS AVAILABLE FOR PUBLIC INSPECTION THE ORGANIZATION IS IN THE PROCESS OF DRAFTING WRITTEN POLICIES AND PROCEDURES TO EVALUATE JOINT VENTURE ARRANGEMENTS AND SAFEGUARD EXEMPT STATUS PROTECTION. FORM 990, PART VI, LINE 19 - OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILAB AFTER APPROVAL OF THE FINANCIAL STATEMENTS BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS, THE ORGANIZATION MAKES AVAILABLE ALL GOVERNANCE DOCUMENTS, POLICY STATEMENTS, FINANCIAL STATEMENTS AND TAX RETURNS TO THE PUBLIC, UPON WRITTEN REQUEST. THE ORGANIZATION ALSO TIMELY FILES ITS ANNUAL CHAR 500 REPORT WITH THE NYS ATTORNEY GENERAL AND ALL OF ITS FILINGS ARE MADE AVAILABLE THROUGH THE NYSOAG CHARITIES WEBSITE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES PASS-THROUGH loss ON K-1 DOWLING GARDENS L.P -316,729 DOWLING GARDENS ACQUISITION LLC 190 KINGS HIGHWAY BOX 276 SPARKILL NY 10976 352420486 REAL ESTATE NY -247667 -4114272 DOWLING HSG DOWLING CONSULTANTS INC 190 KINGS HIGHWAY BOX 276 SPARKHILL NY 10976 133749591 PRIVATE FOUND NY 501(C)(3) 10 DOWLING HSG true THORPE HOUSING DEVELOPMENT FUND CO ROUTE 340 SPARKHILL NY 10976 132986206 AFFORD HSG NY 501(C)(3) 10 NA false DOWLING GARDENS LP 190 KINGS HIGHWAY SPARKHILL NY 10976 133786331 AFFORD HSG NY DOWLING HSG false true 0.01000 false false false true true false false false false true false true false false false false false false false DOWLING CONSULTANTS INC E 3206317 FMV THORPE HOUSING DEVELOPMENT FUND COMPANY D 25117 FMV DOWLING GARDENS LP D 2681754 FMV DOWLING GARDENS LP L 89295 FMV DOWLING GARDENS LP J 4813966 FMV