2024-11-12T16:38:04-06:00 2023-12-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-01-01 161561999 FINGER LAKES COMMUNITY DEVELOPMENT CORPORATION FING 3157898010 41 LEWIS STREET GENEVA NY 14456 ROBERT DOEBLIN CHIEF EXECUTIVE OFFICER 3157898010 2024-11-12 1 0 DAVID A URBAN CPA P00630018 7166340700 2024-11-12 2023 2024-10-15 13:58:12Z ROBERT DOEBLIN 41 LEWIS STREET GENEVA NY 14456 736471 0 X WWW.GENEVAHOUSINGAUTHORITY.COM X 1999 NY PUBLIC NEED/LOW-INCOME HOUSING. 11 11 18 0 0 0 0 0 616148 735949 575 522 0 0 616723 736471 0 0 0 0 566022 593337 0 0 0 190038 184435 756060 777772 -139337 -41301 2963867 2716165 481980 275593 2481887 2440572 PUBLIC NEED/LOW-INCOME HOUSING. 0 0 594216 735949 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, UNDER SECTION 231 OF THE NATIONAL HOUSING ACT FOR THE BENEFIT OF LOW-INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. 594216 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 0 0 1 0 0 18 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 1 0 0 NY X ROBERT DOEBLIN 3157898010 41 LEWIS STREET GENEVA NY 14456 DOMINICK VEDORA PRESIDENT 5.00 1.00 X X 0 0 0 JOHN PARROTT JR SECRETARY 5.00 1.00 X X 0 0 0 JAMES VEDORA TREASURER 5.00 1.00 X X 0 0 0 LUCILE MALLARD DIRECTOR 2.00 0.00 X 0 0 0 JOE CIRENCIONE DIRECTOR 2.00 0.00 X 0 0 0 PHIL BECKLEY DIRECTOR 2.00 0.00 X 0 0 0 JAMES DEVANEY DIRECTOR 2.00 0.00 X 0 0 0 JOSEPH FRAGNOLI DIRECTOR 2.00 0.00 X 0 0 0 GLENDA DORIS MYERS DIRECTOR 2.00 0.00 X 0 0 0 BOB ANANIA DIRECTOR 2.00 0.00 X 0 0 0 PATTI CARTER DIRECTOR 2.00 0.00 X 0 0 0 ROBERT DOEBLIN C.E.O. 2.00 35.00 X 0 115650 28913 KAREN ROSINI C.F.O. 2.00 35.00 X 0 82089 20522 0 197739 49435 0 0 0 0 0 PAYROLL & EXPENSE REIM 531310 588152 588152 MANAGEMENT FEES 531310 100545 100545 RENTAL INCOME 531110 47252 47252 735949 522 522 736471 735949 0 522 551137 551137 42200 42200 68047 68047 8225 8225 1256 879 377 14456 14456 59658 59658 12695 12695 MISCELLANEOUS 20098 20098 777772 594216 183556 0 7719 150567 4318 403933 386603 181610 165141 1352 1088 2179571 460339 1778889 1719232 439797 439783 2963867 2716165 32756 9956 227410 189737 221814 75900 481980 275593 X 2481887 2440572 2481887 2440572 2963867 2716165 X -41301 -14 X X 0 1 X 1 0 X 80870 24500 105370 798433 629909 628065 616148 735949 3408504 798433 710779 652565 616148 735949 3513874 0 0 0 3513874 701 701 653 575 522 3152 701 701 653 575 522 3152 799134 711480 653218 616723 736471 3517026 0.99910 0.99870 0.00090 0.00100 X 28400 28400 1989435 397193 1592242 158248 59658 98590 3488 3488 0 1719232 EQUITY INVESTMENT IN LIMITED PARTNERSHIP 439783 439783 DUE TO RELATED PARTIES 19000 LINE OF CREDIT 56900 75900 X 736471 0 736471 0 736471 777772 0 777772 0 777772 PART X, LINE 2: FLCDC AND LYCEUM III ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FLRC IS A FOR-PROFIT CORPORATION SUBJECT TO FEDERAL AND STATE INCOME TAX. FLRC CURRENTLY DOES NOT HAVE OPERATIONS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FLCDC, FLRC, AND LYCEUM III PRESENTLY DISCLOSE OR RECOGNIZE 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 FLCDC AND FLRC HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FLCDC ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 2 THE BOARD'S PRESIDENT, DOMINICK VEDORA, IS THE FATHER OF THE BOARD'S TREASURER, JAMES VEDORA. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION HAS ENTERED INTO AN AGREEMENT WITH GENEVA HOUSING AUTHORITY, A RELATED PARTY, WHEREBY THE AUTHORITY SHALL BE THE MANAGING AGENT AND THE PROPERTY MANAGER FOR THE APARTMENT COMPLEX. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15A BY EXAMINING SALARIES OF COMPARABLY SIZED HOUSING AGENCIES AND GOVERNMENTAL ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON EQUITY INVESTMTENT IN LIMITED PARTNERSHIPS -14. FORM 990, PART XII, LINE 2C: NO CHANGES IN THE AUDIT SELECTION OR OVERSIGHT FROM THE PRIOR YEAR. GENEVA HOUSING AUTHORITY 41 LEWIS STREET GENEVA NY 14456 166013650 HOUSING AUTHORITY NY 115 N/A 0 LAKE AREA DEVELOPMENT CORP PO BOX 153 GENEVA NY 14456 161492087 HOUSING NY 501(C)(3) LINE 10 0 LYCEUM III HDFC 41 LEWIS STREET GENEVA NY 14456 271706494 HOUSING DEVELOPMENT NY 501(C)(3) LINE 10 0 529 EXCHANGE HDFC 41 LEWIS STREET GENEVA NY 14456 880686013 HOUSING DEVELOPMENT NY 501(C)(3) 0 LEWIS STREET DEVELOPMENT CORP 41 LEWIS STREET GENEVA NY 14456 161592534 REAL ESTATE NY N/A N/A 0 0 LYCEUM HOUSING LP 41 LEWIS STREET GENEVA NY 14456 161578964 REAL ESTATE NY N/A RELATED 0 0 LYCEUM II HOUSING LP 41 LEWIS STREET GENEVA NY 14456 203828157 REAL ESTATE NY N/A N/A 0 0 WATERLOO MEMORIAL HEIGHTS LP 41 LEWIS STREET GENEVA NY 14456 270606472 REAL ESTATE NY N/A N/A 0 0 5251 PARKSIDE LIMITED PARTNERSHIP 41 LEWIS STREET GENEVA NY 14456 383977186 REAL ESTATE NY N/A N/A 0 0 FINGER LAKES REDEVELOPMENT CO 41 LEWIS STREET GENEVA NY 14456 205665078 LOW-INCOME HOUSING NY FINGER LAKES DEVELOPMENT CORPORATION C 1.00000 0 5251 PARKSIDE HOUSING DEVELOPMENT COMPANY INC 41 LEWIS STREET GENEVA NY 14456 474647385 LOW-INCOME HOUSING NY FINGER LAKES DEVELOPMENT CORPORATION C 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 LYCEUM LP D 109956 FMV WATERLOO PARTNERS LP D 3859 FMV 5251 PARKSIDE LP D 121110 FMV 529 EXCHANGE HDFC D 18500 FMV