2024-11-15T17:25:38-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 421690952 THE MULFORD CORPORATION MULF 4105058936 1511 CENTRAL PARK AVE YONKERS NY 10710 BRIAN SWEENEY SECRETARY 4105058936 2024-11-15 1 1 MELISSA MODELSON P01603524 9143818900 2024-11-15 2023 2024-10-15 13:58:12Z BRIAN SWEENEY 1511 CENTRAL PARK AVE YONKERS NY 10710 2071885 0 X WWW.MHACY.ORG/THE-MULFORD-CORPORATION X 2008 NY TO SUPPORT THE GOVERNMENTAL ACTIVITIES AND GOALS OF THE MUNICIPAL HOUSING FOR THE CITY OF YONKERS, NY. 5 5 0 8 0 0 0 76500 857873 1910792 11480 84593 4000 0 873353 2071885 162838 489309 0 0 1938158 1227343 0 11481 11481 2685887 1931516 4786883 3659649 -3913530 -1587764 20053042 19695138 541257 663452 19511785 19031686 TO SUPPORT THE GOVERNMENTAL ACTIVITIES AND GOALS OF THE MUNICIPAL HOUSING FOR THE CITY OF YONKERS, NY. 0 0 3384027 489309 1910792 PROVIDES SOCIAL SERVICES TO RESIDENTS OF THE LOW AND MODERATE INCOME HOUSING PROJECTS OPERATED BY THE MUNICIPAL HOUSING AUTHORITY FOR THE CITY OF YONKERS, TO INCREASE THE ACCESSIBILITY OF LOW-INCOME HOUSING, TO RAISE FUNDS TO SUPPLEMENT MHACY'S LOW-INCOME HOUSING PROJECTS. 3384027 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 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 NY X X BRIAN SWEENEY 4105058936 1511 CENTRAL PARK AVE YONKERS NY 10710 JAMES J LANDY CHAIR 1.00 0.00 X X 0 0 0 JOAN DEIERLAN DIRECTOR 1.00 0.00 X 0 0 0 JOHN J MCDONALD DIRECTOR 1.00 0.00 X 0 0 0 PATRICK JAMES DIRECTOR 1.00 0.00 X 0 0 0 EDGAR SANTANA SR DIRECTOR 1.00 0.00 X 0 0 0 JOHN SCHOPFER DIRECTOR 1.00 0.00 X 0 0 0 JEAN TICKELL DIRECTOR 1.00 0.00 X 0 0 0 WILSON KIMBALL PRESIDENT & CEO 8.00 32.00 X 0 275428 3050 JOHN LISZEWSKI TREASURER 1.00 0.00 X 0 0 0 CARLOS LABOY-DIAZ ASSISTANT TREASURER 1.00 0.00 X 0 0 0 BRIAN SWEENEY SECRETARY 1.00 0.00 X 0 0 0 0 275428 3050 0 0 1 0 THE FRESNEL GROUP 606 SECOND STREET ANNAPOLIS MD 21403 MANAGEMENT SERVICES 1227343 TPH PROJECT SERVICES LLC 1721 PARK AVE SUITE 2010 NEW YORK NY 10710 MAINTENANCE 426058 CBK ENGINEERING PC 3740 WILDWOOD STREET YORKTOWN HEIGHTS NY 10598 MAINTENANCE 414350 MUNICIPAL HOUSING AUTHORITY FOR THE CITY 1500 CENTRAL ARK AVE YONKERS NY 10710 BUILDING INSPECTIONS 382066 VICTOR MARTINEZ 2615 S WAYNE CT ARLINGTON VA 22206 PROPERTY ASSET MANAGEMENT SVCS. 186999 9 72000 4500 76500 DEVELOPER FEES 900099 1910792 1910792 1910792 84593 84593 2071885 1910792 0 84593 489309 489309 1227343 1227343 19058 19058 79400 79400 11481 11481 83048 83048 122715 1727 120988 5110 5110 3780 3780 1971 1971 5115 5115 ASSET MANAGEMENT SERVIC 693210 693210 INSPECTIONS 590272 590272 PROJECT CONSULTING AND 295908 295908 MISCELLANEOUS EXPENSES 30690 30690 1239 1239 3659649 3384027 264141 11481 185447 186115 3879969 2293799 15248724 16304736 194547 339114 363781 363781 180574 207593 20053042 19695138 541257 663452 541257 663452 X 19511785 19031686 19511785 19031686 20053042 19695138 -1587764 901330 206335 0 X 0 0 0 X X 2 CITY OF YONKERS 136007340 6 0 0 0 MUNICIPAL HOUSING AUTHORITY FOR THE CITY OF YONKERS 136007014 6 1 0 60000 2 0 60000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION A, LINE 1: THE SUPPORTED ORGANIZATION, CITY OF YONKERS, IS NOT LISTED IN THE CORPORATION'S GOVERNING DOCUMENTS. THE CORPORATION SUPPORTS THE CITY OF YONKERS WHICH SUPPORTS THE SAME CHARITABLE CLASS FOR INDIVIDUALS IN CONNECTION WITH THE GOALS OF THE MUNICIPAL HOUSING AUTHORITY FOR THE CITY OF YONKERS, NEW YORK ("MHACY"). THEREFORE, QUESTION ONE HAS BEEN ANSWERED NO. PART IV, SECTION A, LINE 2: THE CORPORATION SUPPORTS THE CITY OF YONKERS (THE "CITY"). THE CITY IS A LOCAL GOVERNMENT UNDER SECTION 170(B)(1)(A)(V) AND IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS. THE CORPORATION DETERMINED THAT THE CITY WOULD BE DESCRIBED IN SECTION 509(A)(2) AS IT SERVES THE NEEDS OF THE GENERAL PUBLIC. PART IV, SECTION E, LINE 1C: THE CORPORATION SUPPORTS THE CITY OF YONKERS (THE "CITY"). THE CITY IS A LOCAL GOVERNMENT UNDER SECTION 170(B)(1)(A)(V). THE CORPORATION SUPPORTS THE CITY OF YONKERS WHICH SUPPORTS THE SAME CHARITABLE CLASS FOR INDIVIDUALS IN CONNECTION WITH THE GOALS OF THE MUNICIPAL HOUSING AUTHORITY FOR THE CITY OF YONKERS, NEW YORK. CITY OF YONKERS: THE ORGANIZATION SUPPORTS THE CITY OF YONKERS, WHICH IS THE PARENT ENTITY OF THE MUNICIPAL HOUSING AUTHORITY FOR THE CITY OF YONKERS, NEW YORK. THE HOUSING AUTHORITY IS THE LARGEST PROVIDER OF AFFORDABLE HOUSING IN THE CITY. THE SAME CHARITABLE CLASS OF INDIVIDUALS IS BEING SERVED BY THE CITY OF YONKERS, AS THEY BOTH SERVE THE RESIDENTS OF THE CITY. PART IV, SECTION D, LINE 3: THREE MEMBERS OF THE BOARD SHALL BE MHACY-AFFILIATED, EITHER AS AN EMPLOYEE OR A MHACY COMMISSIONER. ALL "MHACY" AFFILIATED MEMBERS SHALL BE APPOINTED BY THE MAYOR OF THE CITY OF YONKERS. AS BOARD MEMBERS OF THE ORGANIZATION THEY HAVE THE POWER TO CREATE THE ORGANIZATION'S INVESTMENT POLICIES AS WELL AS DIRECT THE USE OF THE ORGANIZATION'S INCOME AND ASSETS AT ANY POINT DURING THE YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 YONKERS ARTS 540 NEPPERHAN AVENUE YONKERS NY 10701 800229446 501(C)(3) 70087 0 PROMOTE ART BY LOW INCOME COMMUNITY RESIDENTS BUSINESS COUNCIL OF WESTCHESTER 800 WESTCHESTER AVENUE RYE BROOK NY 10573 131701636 501(C)(6) 22350 0 PROMOTE ART BY LOW INCOME COMMUNITY RESIDENTS SUSTAINABLE WESTCHESTER 40 GREEN STREET MOUNT KISCO NY 10549 352397750 501(C)(3) 10500 0 PROVIDES CLIMATE SOLUTIONS YONKERS DOWNTOWN BID 15 MAIN STREET YONKERS NY 10701 320000310 501(C)(3) 5500 0 PROMOTE DISTRICT IMPROVEMENT FAMILY SERVICE SOCIETY OF YONKERS 30 SOUTH BROADWAY 4TH FLOOR YONKERS NY 10701 131739956 501(C)(3) 315656 0 SUPPORTS THE NEEDY IN WESTCHESTER COUNTY GROUNDWORK HUDSON VALLEY INC 22 MAIN STREET 2ND FLOOR YONKERS NY 10710 113579493 501(C)(3) 51216 0 SUPPORT THE REHABILITATITON OF THE PREMISES 5 1 PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AND SELECTION CRITERIA USED TO AWARD GRANTS. MULFORD OPERATES ON A REIMBURSEMENT BASIS AND REQUESTS REIMBURSEMENT REQUESTS BE SUPPORTED BY PROPER SUPPORTING DOCUMENTATION AS NECESSARY. OPERATING ON AN REIMBURSEMENT BASIS ALLOWS MULFORD TO REVIEW INVOICES AND SUPPORTING DOCUMENTATION TO ENSURE ANY FUNDS BEING REQUESTED ARE APPROPRIATE AND ALLOWABLE. IF IT IS DETERMINED THE REQUEST IS NOT APPROPRIATELY DOCUMENTED OR THE REQUEST INCUDES EXPENSES THAT ARE NOT ALLOWABLE, THE INVOICE IS REJECTED AND THE GRANTEE IS REQUESTED TO REVISE AND RESUBMIT. 0 0 0 0 0 0 0 0 0 WILSON KIMBALL PRESIDENT & CEO 0 235428 0 0 0 40000 0 0 0 3050 0 278478 0 0 THE FRESNEL GROUP OWNED BY THE WIFE OF THE CORPORATION'S SECRETARY 1227343 BUILDING CONSULTANT 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A MANAGEMENT AGREEMENT FOR CERTAIN ADMINISTRATIVE AND CONSULTING SERVICES WITH THE FRESNEL GROUP. THE FRESNEL GROUP SHALL PROVIDE FINANCIAL, ADMINISTRATIVE, AND PROGRAM AND DEVELOPMENT MANAGEMENT SERVICES TO ASSIST THE ORGANIZATION IN THE IMPLEMENTATION AND MANAGEMENT OF ITS RENTAL ASSISTANCE PROGRAMS. THERE ARE NO INDIVIDUALS REPORTED IN PART VII, SECTION A, WHO ARE COMPENSATED FOR SERVICES PROVIDED TO THE FILING ORGANIZATION AND RELATED ORGANIZATIONS DURING THE YEAR. THE FRESNEL GROUP WAS PAID $1,227,343 FOR THESE SERVICES IN 2023. FORM 990, PART VI, SECTION A, LINE 7A ALL "MHACY" AFFILIATED MEMBERS SHALL BE APPOINTED BY THE MAYOR OF THE CITY OF YONKERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO MANAGEMENT FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, PRINCIPAL OFFICERS, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. AFTER DISLCOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMITTEE SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE GOVERNING BOARD OR COMMITTEE SHALL REVIEW THE CONFLICT OF INTEREST AND DETERMINE BY MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. CITY OF YONKERS 40 SOUTH BROADWAY YONKERS NY 10701 136007340 GOVERNMENT AGENCY NY SECTION 115 N/A 0 MUNICIPAL HOUSING AUTHORITY FOR THE CITY OF YONKERS 1511 CENTRAL PARK AVE YONKERS NY 10710 136007014 GOVERNMENT AGENCY NY SECTION 115 N/A 0 SEVEN TOWNHOMES LP 1511 CENTRAL PARK AVENUE YONKERS NY 10710 821629000 HOUSING NY MHACY TOWNHOMES GP LLC RELATED 0 0 0.00010 TROY KRISTENSEN LP 1511 CENTRAL PARK AVENUE YONKERS NY 10710 301143913 HOUSING NY TROY KRISTENSEN GP LLC RELATED 0 0 0.00010 GRANT PARK II LP 1511 CENTRAL PARK AVENUE YONKERS NY 10710 453910214 HOUSING NY ASHBURTON SERVICES HOUSING INC RELATED 0 0 0.00010 188 WARBURTON DEVELOPERS LLC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 464746731 HOUSING NY ASHBURTON SERVICES HOUSING INC RELATED 0 0 0.30000 PS 6 GP LLC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 452506925 HOUSING NY ASHBURTON SERVICES HOUSING INC RELATED 0 0 0.00050 CALCAGNO PRESERVATION PARTNERS LLC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 833330667 HOUSING NY THE MULFORD CORPORATION RELATED 0 1 0.00100 TROY KRISTENSEN GP LLC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 831983188 HOUSING NY MULFORD CORPORATION C 4 367324 1.00000 1 ASHBURTON SENIOR HOUSING INC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 271751408 HOUSING NY MULFORD CORPORATION C 3027 1.00000 1 MULFORD YONKERS PRESERVATION LLC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 823602130 HOUSING NY MULFORD CORPORATION C 1.00000 1 MHACY TOWNHOMES GP LLC 1511 CENTRAL PARK AVENUE YONKERS NY 10710 821628914 HOUSING NY MULFORD CORPORATION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0