2024-01-19T07:58:50-06:00 2023-03-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2022-04-01 141791606 ROUSES POINT SENIOR HOUSING DEVELOPMENT ROUS 8452245035 P O BOX 512 RHINEBECK NY 12572 ROBERT ST JOHN PRESIDENT 8452245035 2024-01-19 1 ROBERT ST JOHN 999009999 0 DAVID A URBAN CPA P00630018 7166340700 2024-01-19 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ROBERT ST JOHN P O BOX 512 RHINEBECK NY 12572 150424 0 X N/A X 1996 NY PROVIDE LOW-INCOME HOUSING. 7 7 2 0 0 0 0 0 119286 149528 8 4 1351 892 120645 150424 0 0 0 0 24771 19517 0 0 0 123201 130940 147972 150457 -27327 -33 786834 757035 37907 8141 748927 748894 PROVIDE LOW-INCOME HOUSING. 0 0 102547 149528 PROVIDED HOUSING FOR PERSONS OF LOW INCOME THROUGH THE ASSISTANCE OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 102547 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X INNOVATIVE PROPERTY MANAGEMENT SERVICES LLC 8452245035 PO BOX 512 RHINEBECK NY 12572 X ROBERT ST JOHN PRESIDENT 5.00 X X 0 0 0 MICHAEL CASEY TREASURER 5.00 X X 0 0 0 RON LEBLANC SECRETARY 5.00 X X 0 0 0 MARY O'CONNOR DIRECTOR 5.00 X 0 0 0 TIMOTHY MCDONOUGH DIRECTOR 5.00 X 0 0 0 GEORGE RIVERS DIRECTOR 5.00 X 0 0 0 THOMAS BATHA DIRECTOR 5.00 X 0 0 0 0 0 0 0 0 0 0 0 TENANT ASSISTANCE PAYM 531110 84917 84917 RENTAL INCOME 531110 64611 64611 149528 4 4 LAUNDRY & VENDING 812300 892 892 892 150424 149528 0 896 X 12502 2862 9640 974 974 6041 1383 4658 19601 19601 1800 1800 19721 14106 5615 608 608 5283 5283 23715 23715 32702 32702 11347 11347 SNOW REMOVAL 9000 9000 GARBAGE & TRASH REMOVAL 6458 6458 MISCELLANEOUS 705 705 150457 102547 47910 0 419 2933 1010 4858 1383098 693559 722241 689539 59316 63553 786834 757035 32882 3032 5025 5109 37907 8141 X 748927 748894 748927 748894 786834 757035 -33 0 X X 0 1 X 0 1 1 X 114545 115202 112307 119286 149528 610868 114545 115202 112307 119286 149528 610868 0 0 0 610868 22 28 21 8 4 83 22 28 21 8 4 83 2058 1489 1593 1351 892 7383 116625 116719 113921 120645 150424 618334 0.98790 0.98500 0.00010 0.00020 X 40000 40000 1283319 633780 649539 10356 10356 0 49423 49423 0 689539 DEVELOPMENT ACCOUNT 5662 RESERVE FOR REPLACEMENTS 45146 RESIDUAL RECEIPTS 5007 TAX & INSURANCE ESCROW 2629 TENANTS' SECURITY DEPOSITS 5109 63553 TENANTS' SECURITY DEPOSITS 5109 5109 X 150424 0 150424 0 150424 150457 0 150457 0 150457 PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 3 ALL RENTAL, PROPERTY MANAGEMENT, AND MAINTENANCE DUTIES WERE DELEGATED TO INNOVATIVE PROPERTY MANAGEMENT SERVICES, LLC AND ITS EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 8B BOARD OF DIRECTORS MINUTES ON FILE. FORM 990, PART VI, SECTION B, LINE 11B REVIEW CONDUCTED BY MANAGEMENT AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C VOLUNTARY DISCLOSURE REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G AUDIT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,615. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,615. MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 14,106. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,106. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED MARCH 31, 2023.