2024-05-07T16:20:04-05:00 2023-06-30 873707167 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2022-07-01 364570934 VIP COLLEGE AVENUE HOUSING DEVELOPMENT FUND CORPORATION VIPC 7185835150 770 EAST 176 ST BRONX NY 10460 DEBBIAN FLETCHER-BLAKE CEO 7185835150 2024-04-29 1 DEBBIAN FLETCHER-BLAKE 999009999 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-04-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEBBIAN FLETCHER-BLAKE 770 EAST 176 ST BRONX NY 10460 917536 0 X N/A X 2003 NY TO PROVIDE AFFORDABLE HOUSING IN THE SOUTH BRONX, NEW YORK. 6 6 0 6 0 0 0 0 931227 903165 55 14211 1102 160 932384 917536 0 0 0 0 0 0 0 0 0 1148809 1266753 1148809 1266753 -216425 -349217 8096287 7781730 9662846 9697506 -1566559 -1915776 TO PROVIDE AFFORDABLE HOUSING IN THE SOUTH BRONX, NEW YORK. 0 0 1015564 903325 TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW INCOME RESIDENTS IN THE SOUTH BRONX, NEW YORK. 1015564 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X KEVIN ALTER CO DOUGERT MANAGEMENT 7185835150 2881 MIDDLETOWN ROAD BRONX NY 10457 JODI STURGEON DIRECTOR 0.50 4.00 X 0 0 0 JOHN P NERO VICE CHAIR 0.50 4.00 X X 0 0 0 SALVATORE GOGLIORMELLA SECRETARY 0.50 4.00 X X 0 0 0 SETH TOWNSEND DIRECTOR 0.50 4.00 X 0 0 0 WILLIAM TRUST JR TREASURER 0.50 4.00 X X 0 0 0 ZENALI TIRADO BOARD CHAIR 0.50 4.00 X X 0 0 0 DEBBIAN FLETCHER-BLAKE PRESIDENT/CEO 4.00 31.00 X 0 353544 50896 FRANK KPLOANYI CFO 4.00 31.00 X 0 224017 35309 0 577561 86205 0 0 1 0 0 RENTAL INCOME 531110 903165 903165 903165 14211 14211 OTHER REVENUE 900099 160 160 160 917536 903325 0 14211 55020 55020 14123 14123 10350 10350 72441 72441 14086 10640 3446 336397 336397 1746 1746 52400 52400 358020 358020 62409 62409 VACANCY LOSS 154452 154452 BAD DEBT EXPENSE 87478 87478 PAINTING 39500 39500 MISCELLANEOUS 8331 8331 1266753 1015564 251189 0 1896847 1955884 78323 65660 47221 57716 9610166 4826798 5137166 4783368 936730 919102 8096287 7781730 39731 42568 60983 91059 9553605 9555351 8527 8528 9662846 9697506 X -1566559 -1915776 -1566559 -1915776 8096287 7781730 -349217 0 X X 0 1 X 1 0 X 850630 900538 900633 931227 903165 4486193 850630 900538 900633 931227 903165 4486193 0 0 0 4486193 57500 57500 52726 55 14211 181992 57500 57500 52726 55 14211 181992 4939 1130 1063 1102 160 8394 913069 959168 954422 932384 917536 4676579 0.95930 0.94970 0.03890 0.04850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 4,939. 2019 AMOUNT: $ 1,130. 2020 AMOUNT: $ 1,063. 2021 AMOUNT: $ 1,102. 2022 AMOUNT: $ 160. 340000 340000 9042057 4735258 4306799 71698 11314 60384 156411 80226 76185 4783368 SECURITY DEPOSIT 8528 DUE FROM RELATED PARTY 95840 RESERVE ACCOUNT 810584 DEPOSIT 4150 919102 TENANT SECURITY DEPOSITS 8528 8528 X 763084 -154452 -154452 917536 0 917536 1112301 0 1112301 154452 154452 1266753 PART X, LINE 2: THE CORPORATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: VACANCY LOSS -154,452. PART XII, LINE 4B - OTHER ADJUSTMENTS: VACANCY LOSS 154,452. 0 0 0 0 0 0 0 0 0 DEBBIAN FLETCHER-BLAKE PRESIDENT/CEO 0 303544 0 50000 0 0 0 29158 0 21738 0 404440 0 0 FRANK KPLOANYI CFO 0 224017 0 0 0 0 0 21391 0 13918 0 259326 0 0 PART I, LINE 3 THE COMPENSATION IS ESTABLISHED BY THE RELATED ENTITY, VOCATIONAL INSTRUCTION PROJECT COMMUNITY SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 3 THE PROPERTY MANAGEMENT IS HANDLED BY DOUGERT MANAGEMENT, AN UNRELATED PARTY HIRED BY THE ENTITY AND COMPENSATED $55,020. ASSET MANAGEMENT AND RESIDENT SERVICES ARE CARRIED OUT BY THE SPONSER, VIP COMMUNITY SERVICES, FOR WHICH THE ENTITY COMPENSATED $10,350 FOR ACCOUNTING AND ADMINISTRATIVE SERVICES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE AUDIT COMMITTEE OF THE VIP BOARD AND DISTRIBUTED TO VIP COLLEGE'S BOARD FOR COMMENTS AND APPROVAL PRIOR TO FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST DECLARATIONS ARE FILLED OUT ON AN ANNUAL BASIS AND REVIEWED BY THE COMPLIANCE OFFICER AND THE BOARD OF VIP. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE MANAGEMENT OFFICE. FORM 990, PART XI, LINE 2C: NO CHANGE IN AUDITOR SELECTION AND AUDIT OVERSIGHT PROCESS FROM THE PRIOR YEAR. FORM 990, PART VII, SECTION A: DEBBIAN FLETCHER-BLAKE AND FRANK KPLOANYI ARE OFFICERS OF VIP COMMUNITY SERVICES INC., A RELATED ORGANIZATION. DURING THE YEAR, EACH OF THEM WORKED 31 HOURS FOR VIP COMMUNITY SERVICES INC. AND AFFILIATES AND 4 HOURS EACH FOR THE ORGANIZATION. 1807 CLINTON HDFC 770 EAST 176ST BRONX NY 10460 133795086 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 1870 CROTONA AVENUE HDFC 770 EAST 176ST BRONX NY 10460 134124410 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 445 VIP HDFC 770 EAST 176ST BRONX NY 10460 133680210 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 ABRAHAM APARTMENTS HDFC 770 EAST 176ST BRONX NY 10460 463742490 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 CASA & CLINTON HDFC 770 EAST 176ST BRONX NY 10460 461606237 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 CASA ESPERANZA HOUSING DEVELOPMENT FUND COMPANY 770 EAST 176ST BRONX NY 10460 133962366 SHELTER FOR WOMEN PREPARING FOR INDEPENDENT LIVING NY 501(C)(3) LINE 12A, I VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 VIP WEST 184TH STREET HDFC 770 EAST 176ST BRONX NY 10460 043754294 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 VOCATIONAL INSTRUCTION PROJECT COMMUNITY SERVICES INC 1910 ARTHUR AVENUE BRONX NY 10457 133224700 SOCIAL SERVICES AND LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 VIP RJP HOUSING DEVELOPMENT FUND CORPORTATION 770 EAST 176ST BRONX NY 10457 020698509 LOW INCOME HOUSING NY 501(C)(3) LINE 10 VOCATIONAL INSTRUCTION PROJECT COMMUNITY 0 870 FREEMAN ASSOCIATES LP 1910 ARTHUR AVENUE BRONX NY 10457 830398890 LOW INCOME HOUSING NY N/A 0 0 VIP HUGHES AVENUE ASSOCIATES LP 1910 ARTHUR AVENUE BRONX NY 10457 262771847 LOW INCOME HOUSING NY N/A 0 0 VIP MORRIS AVENUE ASSOCIATES LP 1910 ARTHUR AVENUE BRONX NY 10457 133892226 LOW INCOME HOUSING NY N/A 0 0 VIP RJP ASSOCIATES LP 1910 ARTHUR AVENUE BRONX NY 10457 421607988 LOW INCOME HOUSING NY N/A 0 0 870 FREEMAN CORP 1910 ARTHUR AVENUE BRONX NY 10457 830398888 LOW INCOME HOUSING NY N/A C 0 HUGHES AVENUE CORP 1910 ARTHUR AVENUE BRONX NY 10457 262771678 LOW INCOME HOUSING NY N/A C 0 VIP MORRIS AVENUE CORPORATION 1910 ARTHUR AVENUE BRONX NY 10457 204719006 LOW INCOME HOUSING NY N/A C 0 VIP RJP CORPORATION 1910 ARTHUR AVENUE BRONX NY 10457 421607986 LOW INCOME HOUSING NY N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0