2024-11-13T16:01:50-05:00 2023-12-31 113287732 Padilla and Company LLP 175-61 Hillside Avenue Ste 200 Jamaica NY 11432 990 2023-01-01 472901744 US MCLEOD HDFC USMC 294 Sumpter Street Brooklyn NY 11233 Pelham Bollers Executive Direc 7189193600 2024-11-07 false true Jose Paolo Espiritu P01304010 7185585858 2024-11-13 2023 2024-10-15 13:58:12Z 1471595 false X X 2015 NY The Corporation is a charitable not-for-profit corporation organized exclusively for thepurpose of developing and operating a housing project for Persons Of Low Income. 3 3 0 0 0 0 1247174 1252217 0 207102 219378 1454276 1471595 0 0 297634 311311 0 0 1691986 1820594 1989620 2131905 -535344 -660310 8154687 7802187 10481900 10789710 -2327213 -2987523 The Corporation is a charitable not-for-profit corporation organized exclusively for thepurpose of developing and operating a housing project for Persons Of Low Income. false false 1940444 Provided housing for low income persons. 1940444 true false false false false false false false false false true false false true true true 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 false false true false false false false true 0 0 0 false false false false false false false false X 3 3 false false false false false false false true true false false true true true true true true true true false NY X Pelham Bollers 7189193600 294 Sumpter Street Brooklyn NY 11233 X Courtney Newell Treasurer 1.00 0.00 X X 0 0 0 Dionne France Secretary 0.00 1.00 X X 0 0 0 Mark Fairclough Chairperson 1.00 0.00 X X 0 0 0 Pelham Bollers Executive Director 40.00 0.00 X X 0 0 0 0 0 0 0 false false false RESIDENTIAL RENTAL INC 532000 1252217 1252217 1252217 COMMERCIAL RENTAL INC 532000 208814 208814 OTHER REVENUE 900099 10564 10564 219378 1471595 1471595 0 0 253396 253396 35730 35730 22185 22185 18681 18681 77066 77066 748 748 771860 771860 665 665 62853 62853 352795 352795 307040 307040 Apt Equipment 6352 6352 Bad Debts 77858 77858 Bank Charges 2349 2349 Property Management Fees 112046 112046 30281 30281 2131905 1940444 191461 0 X 14743 14743 156988 148653 9341713 2638597 7055911 6703116 927045 935675 8154687 7802187 176594 128887 9723899 9723899 581407 936924 10481900 10789710 X -2327213 -2987523 -2327213 -2987523 8154687 7802187 -660310 0 X false true X true false X 1226525 1239568 1234251 1247174 1252217 6199735 1226525 1239568 1234251 1247174 1252217 6199735 6199735 188051 237408 192757 207102 219378 1044696 1414576 1476976 1427008 1454276 1471595 7244431 0.85580 0.00000 0.00000 0.00000 X 9341713 2638597 6703116 6703116 Operating Reserve 547080 Replacement Reserve 280064 Utility Deposits 30236 Tenants Security deposit 78295 935675 Tenant Security Payable 78295 Due to managing agent 830525 Due to tenants 28104 936924 X 1471595 1471595 1471595 2131905 2131905 2131905 Footnote for uncertain tax position under FIN 48 (Part X) The Organization follows the guidance of Accounting for Income Taxes (ASC 740), related touncertainties in income taxes, which prescribes a threshold or more likely than not forrecognition and disallowance of tax positions taken or expected to be taken in a tax return. Form 990 governing body review Part VI line 11 The Form 990 is provided to the organizations governing body for their review and approval prior to filing. Conflict of interest policy compliance Part VI line 12c You are required to disclose in good faith and in writing to the Board and or the Finance Committee at the Business Office, 294 Sumpter Avenue, Brooklyn, NY all material facts related to conflicts of interest (including those that implicate an Other Related Party but not a Covered Person) (including the nature of your or the Other Related Partys interest and information about any proposed transaction or other arrangement). Disclosures should be made in advance, before any action is taken on the matter. Conflict identification and analysis can be difficult and, therefore, you are at all times expected to err on the side of caution and disclose all instances where a conflict of interest or the appearance of a conflict exists. CEO executive director top management comp Part VI line 15a Compensation for the chief executive officer is determined by the board of directors using comparative data obtained from other not for profit organizations, compensation for other staff members is determined by the CEO using the same data. Other officer or key employee compensation Part VI line 15b Compensation for the chief executive officer is determined by the board of directors using comparative data obtained from other not for profit organizations, compensation for other staff members is determined by the CEO using the same data. Governing documents etc available to public Part VI line 19 Information and other documents of the organization are made available to the public upon request. US Brownsville II HDFC 294 Sumpter Street Brooklyn NY 11233 113091853 Low income housing NY 501c 3 10 N/A false US Brownsville III HDFC 294 Sumpter Street Brooklyn NY 11233 113491234 Low income housing NY 501c 3 10 N/A false Urban Strategies Inc 294 Sumpter Street Brooklyn NY 11233 112484364 Social projects NY 501c 3 7 N/A false US Jones HDFC 294 Sumpter Street Brooklyn NY 11233 113299743 Low income housing NY 501c 3 10 N/A false US Lottport 294 Sumpter Street Brooklyn NY 11233 812203588 Low income housing NY 501c 3 10 N/A false