2024-03-27T16:55:44-05:00 2023-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-07-01 161583317 HOUSING DEVELOPMENT FOUNDATION INC % LAURIE J LEO HOUS 5855946890 2301 WESTSIDE DRIVE ROCHESTER NY 14624 LAURIE J LEO CFO 5855946890 2023-11-15 true LAURIE J LEO 999009999 Lauren R Denton P01571860 2604604000 2 2022 2023-04-26 12:10:37Z LAURIE J LEO 2301 WESTSIDE DRIVE ROCHESTER NY 14624 804174 false X N/A X 2000 NY TO PROVIDE HOUSING FOR COLLEGE STUDENTS. 2 2 0 2 0 0 0 99900 950768 684470 1574 19804 0 0 952342 804174 0 0 0 0 0 0 0 0 0 771014 604726 771014 604726 181328 199448 4599645 5001558 3222091 3424556 1377554 1577002 HOUSING DEVELOPMENT FOUNDATION, INC. PROVIDES HOUSING TO COLLEGE STUDENTS. false false 558027 784370 HOUSING DEVELOPMENT FOUNDATION, INC. PROVIDES HOUSING FOR COLLEGES AND OTHER ORGANIZATIONS THAT ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 558027 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false true true false false false true 1 0 0 false false false false false false false false false false false false X 2 2 false false false false false false false true true false false true true true true true true false true false NY X LAURIE J LEO 5855946000 2301 WESTSIDE DRIVE ROCHESTER NY 14624 LAURIE LEO CHIEF FINANCIAL OFFICER 1.0 45.0 X 0 152367 2286 TOM HILDEBRANDT PRESIDENT & TREASURER 1.0 0.0 X 0 0 0 JOHN MCKENNA VICE PRESIDENT & SECRETARY 1.0 0.0 X 0 0 0 0 152367 2286 0 false true false 0 99900 99900 ROOM RENTAL 531110 684470 684470 684470 19804 19804 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 804174 684470 19804 0 0 0 0 0 0 0 0 0 0 34224 34224 275 275 12200 12200 0 0 0 0 0 0 0 0 263519 263519 0 0 0 75155 75155 0 135386 135386 32029 32029 BANK FEES 51938 51938 0 0 604726 558027 46699 0 0 0 867365 645961 0 0 443888 784370 0 0 0 0 0 0 0 0 0 0 6354513 2783286 3288392 3571227 0 0 0 0 0 0 0 0 0 0 4599645 5001558 248898 700127 0 0 0 0 2973193 2724429 0 0 0 0 0 0 0 0 0 0 3222091 3424556 X 1377554 1577002 0 0 1377554 1577002 4599645 5001558 199448 X false true X true false X 0 0 0 0 99900 99900 1098215 832480 917796 950768 684470 4483729 0 0 0 1098215 832480 917796 950768 784370 4583629 0 0 0 4583629 3250 2395 957 1574 19804 27980 0 3250 2395 957 1574 19804 27980 0 0 1101465 834875 918753 952342 804174 4611609 0.99393 0.99792 0.00607 0.00208 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5758567 2433741 3324826 113159 14947 98212 482787 334598 148189 3571227 804174 804174 804174 604726 604726 604726 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false false false false false false false false false LAURIE LEO CHIEF FINANCIAL OFFICER 0 152367 0 0 0 0 0 2286 0 0 0 154653 SCHEDULE J COMPENSATION FOR THOSE LISTED ON SCHEDULE J IS PAID BY ROBERTS WESLEYAN UNIVERSITY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING WITH THE IRS, COPIES OF THE FORM 990 ARE SENT TO THE BOARD MEMBERS FOR THEIR REVIEW. AN INDEPENDENT ACCOUNTING FIRM ALSO PERFORMS A REVIEW OF FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C POLICY INCLUDES DIRECTORS OR OFFICERS. POSSIBLE CONFLICTS ARE REVIEWED AT THE BOARD LEVEL. IF A CONFLICT EXISTS, NO DIRECTOR SHALL VOTE ON ANY MATTER RELATED TO SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15B THE HOUSING DEVELOPMENT FOUNDATION, INC. DOES NOT HAVE EMPLOYEES. HOWEVER, THE CHIEF FINANCIAL OFFICER SERVING THE FOUNDATION BOARD WITH FINANCIAL AFFAIRS IS COMPENSATED BY ROBERTS WESLEYAN UNIVERSITY (SUCH COMPENSATION IS APPROVED BY THE UNIVERSITY PRESIDENT). NO PORTION OF THE CFO SALARY IS DIRECTLY ALLOCATED TO THE FOUNDATION; RATHER, A MANAGEMENT FEE IS PAID TO THE UNIVERSITY AND IS BASED ON A FORMULA STIPULATED IN THE ORIGINAL FINANCING DOCUMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND ALL FORM 990'S ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HDF-RWC PROJECT 1 LLC 2301 WESTSIDE DRIVE ROCHESTER NY 14624 HOUSING NY 199448 1577002 HDF ROBERTS WESLEYAN UNIVERSITY 2301 WESTSIDE DRIVE ROCHESTER NY 14624 160743216 EDUCATION NY 501(C)(3) 2 NA false NORTHEASTERN SEMINARY 2301 WESTSIDE DRIVE ROCHESTER NY 14624 161554414 EDUCATION NY 501(C)(3) 2 RWU false false false true false false false false false false false false false false false false true false true true