2024-11-15T11:30:05-06:00 2023-12-31 113266576 GRASSI & CO CPA'S PC 750 THIRD AVE 28TH FL NEW YORK NY 10017 990 2023-01-01 134016169 SENIOR LIVING OPTIONS INC SENI 9299283811 424 EAST 147TH STREET BRONX NY 10455 BRADLEY HAMBURGER PRESIDENT 9299283811 2024-11-15 1 0 JAIME RAPPS P01462990 2126616166 2023 2024-10-15 13:58:12Z SENIOR LIVING OPTIONS BRADLEY HAMBURGER 424 EAST 147TH STREET BRONX NY 10455 2312613 0 X WWW.SUBLNYC.ORG X 1998 NY THE SENIOR LIVING OPTIONS INC. MISSION IS HELPING PEOPLE IN NEED ACHIEVE AND SUSTAIN STABILITY, WELLNESS AND SELF-SUFFICIENCY. WE BELIEVE PEOPLE SHOULD BE TREATED WITH DIGNITY AND RESPECT AND HAVE ACCESS TO OPPORTUNITIES THAT LIFT THEM OUT OF POVERTY. 9 9 13 9 -3241540 0 63665 118701 714931 646532 216435 268996 -2573513 -3195040 -1578482 -2160811 1372 2922 0 0 853500 626703 0 0 80270 649796 753123 1504668 1382748 -3083150 -3543559 259404091 259492087 70970352 70765350 188433739 188726737 X SEE SCHEDULE OTHE SENIOR LIVING OPTIONS INC. MISSION IS HELPING PEOPLE IN NEED ACHIEVE AND SUSTAIN STABILITY, WELLNESS AND SELF-SUFFICIENCY. WE BELIEVE PEOPLE SHOULD BE TREATED WITH DIGNITY AND RESPECT AND HAVE ACCESS TO OPPORTUNITIES THAT LIFT THEM OUT OF POVERTY. 0 0 691534 2922 646532 THE MAJOR PROGRAM ACCOMPLISHMENTS FOR STEP UP FOR A BETTER LIVING IN 2023 WERE:1- HOUSING ASSISTANCE AND SOCIAL SERVICES- THE PROGRAM PROVIDED HOUSING ASSISTANCE AND SOCIAL SERVICES TO 303 FAMILIES. KEY SERVICES INCLUDED EVICTION PREVENTION. THE EVICTION PREVENTION PROGRAM HAS A 98% PREVENTION RATE. 2- EMERGENCY FOOD ASSISTANCE- THE PROGRAM PROVIDED ACCESS TO EMERGENCY FOOD TO 1,000 PEOPLE BY COLLABORATING WITH LOCAL FOOD PANTRIES. 3- EDUCATIONAL ASSISTANCE- THE PROGRAM PROVIDED BACKPACKS AND SCHOOL SUPPLIES TO 400 FAMILIES. 691534 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 0 0 1 10 0 13 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CHERYL DENNIS 9299283811 424 EAST 147TH STREET BRONX NY 10455 BRADLEY HAMBURGER PRESIDENT 2.00 X X 0 0 0 ERIN MALLORY KOLP VICE PRESIDENT 2.00 X X 0 0 0 PATRICA BARTOS-WEST TREASURER 2.00 X X 0 0 0 OMID TASHAYOD SECRETARY 2.00 X X 0 0 0 DAVE CROSSEN BOARD MEMBER 2.00 X 0 0 0 BRIGITTE GREENE BOARD MEMBER 2.00 X 0 0 0 ALISON HIGGINS BOARD MEMBER 2.00 X 0 0 0 JENNIE LEADBETTER BOARD MEMBER 2.00 X 0 0 0 YESNIA QUINONES BOARD MEMBER 2.00 X 0 0 0 CHERYL DENNIS CO EXECUTIVE DIRECTOR 40.00 X 112616 0 11440 112616 0 11440 1 0 0 0 0 118701 118701 GROUND RENT 900099 618016 618016 DISTRIBUTION INCOME 900099 28516 28516 646532 167037 167037 46500 0 46500 46500 46500 1333843 1231884 101959 101959 101959 LOSS IN PARTNERSHIP ACTIVITY 900099 -3241540 -3241540 -3241540 -2160811 646532 -3241540 315496 2922 2922 124057 74434 37217 12406 402776 302002 85513 15261 13508 11025 2343 140 54669 34930 17232 2507 31693 22726 7336 1631 9791 9791 132939 132939 51923 51923 63268 56971 6297 23453 23453 19220 12813 6407 117606 78404 39202 18815 18815 8958 8958 56084 56084 PROGRAM EXPENSES 119037 119037 BAD DEBT 70979 70979 EVENT COSTS 42028 42028 MISCELLANEOUES 8598 8598 10424 1190 9234 1382748 691534 610944 80270 230092 360915 133678 8667 82979 34500 74677672 48732 75035899 74628940 5465183 5685330 178305593 178201728 150667 572007 259404091 259492087 14583 13814 70815352 70197336 140417 554200 70970352 70765350 X 188433739 188726737 188433739 188726737 259404091 259492087 X -3543559 993018 2843539 X X 0 1 X 1 0 X 34000 59673 109978 135665 118701 458017 725179 675928 1153887 859141 646532 4060667 759179 735601 1263865 994806 765233 4518684 5000 5000 0 5000 5000 4513684 277895 228582 245213 181341 167037 1100068 277895 228582 245213 181341 167037 1100068 84021 6805 90826 1121095 970988 1509078 1176147 932270 5709578 0.79050 0.75340 0.19270 0.19860 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: PARTNERSHIP GAINS LOSSES - 2019 AMOUNT: $ 84,021. 2020 AMOUNT: $ 4,705. MISCELLANEOUS INCOME - 2020 AMOUNT: $ 2,100. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74614260 74614260 63412 48732 14680 74628940 INVESTMENT IN PARTNERSHIPS 174249748 F HEDGE FUND 3951980 F 178201728 LEASE LIABILITY 554200 554200 X 2021824 993018 993018 1028806 51923 -3241540 -3189617 -2160811 1330825 0 1330825 51923 51923 1382748 PART X, LINE 2: SLO HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SLO IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SLO BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAAP/TAX ADJUSTMENT FOR 990T UBIT -3,241,540. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE 990 FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS NOTIFIED OF THE RESPONSIBILITY TO COMPLETE A CONFLICT OF INTEREST SURVEY. AN AGENCY ADMINISTRATOR MONITORS THE COMPLETION OF THE CONFLICT OF INTEREST SURVEY TO ENSURE ALL BOARD MEMBERS COMPLETE THE SURVEY. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR THE BOARD OF DIRECTORS REVIEW A COMPENSATION SURVEY OF NONPROFITS IN NEW YORK CITY TO COMPARE SALARIES AND BENEFITS PROVIDED BY NONPROFITS THAT ARE COMPARABLE TO SENIOR LIVING OPTIONS, INC. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS -398,001. GAAP/TAX ADJUSTMENT FOR 990T UBIT 3,241,540. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.