2024-11-15T14:27:32-06:00 2023-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2023-01-01 113440887 CYPRESS HOMES HDFC CYPR 7186472800 625 JAMAICA AVE BROOKLYN NY 11208 MICHELLE NEUGEBAUER CEO 7186472800 2024-11-14 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-11-06 2023 2024-10-15 13:58:12Z MICHELLE NEUGEBAUER 625 JAMAICA AVE BROOKLYN NY 11208 115715 0 X N/A X 1998 NY DEVELOPMENT OF AFFORDABLE HOUSING FOR PERSONS OF LOW INCOME IN THE NEIGHBORHOOD OF BROOKLYN, NEW YORK. 8 7 0 7 0 0 0 0 95803 115715 0 0 0 0 95803 115715 0 0 0 0 0 0 0 0 0 173039 148670 173039 148670 -77236 -32955 815042 804013 1220188 1242114 -405146 -438101 TO ACQUIRE AND DEVELOP ON A NON PROFIT BASIS RESIDENTIAL PROPERTIES FOR SALE TO PERSONS OF LOW INCOME. 0 0 138610 115715 ACQUIRE AND REHAB AFFORDABLE HOUSING, RENTAL OF ONE PROPERTY. 138610 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 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 8 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X SHINDA MANAGEMENT CORPORATION 3475343219 221-10 JAMAICA AVENUE - 3 FLR QUEENS VILLAGE NY 11428 MICHELLE N NEUGEBAUER EXECUTIVER DIRECTOR 0.50 35.00 X X 0 184429 25762 SYLVIA STOVALL PRESIDENT 1.00 2.00 X X 0 0 0 AIDAN LANIGAN VICE PRESIDENT 1.00 2.00 X X 0 0 0 MIRIAN RODRIQUEZ SECRETARY 1.00 2.00 X X 0 0 0 HAROLD GREEN TREASURER 1.00 2.00 X X 0 0 0 NICK RUSSO MEMBER 0.50 1.00 X 0 0 0 RD GENTZLER MEMBER 0.50 1.00 X 0 0 0 MELODYE HARVEY MEMBER 0.50 1.00 X 0 0 0 GAUDI POLANCO-MENDOZA CFO 0.50 35.00 X 0 148434 6786 0 332863 32548 0 0 1 0 0 RENTAL INCOME 531110 115715 115715 115715 115715 115715 0 0 3971 3971 724 724 8860 8860 1632 1156 476 611 611 26060 26060 18118 18118 26986 26986 34081 34081 BAD DEBTS EXPENSES 18490 18490 OPERATING AND MAINTENAN 9137 9137 148670 138610 10060 0 2575 16163 31342 22576 7885 9025 1085020 344879 767127 740141 6113 16108 815042 804013 270188 245740 1159 6759 560620 546383 388221 443232 1220188 1242114 X -405146 -438101 -405146 -438101 815042 804013 -32955 0 X 0 1 X 1 0 X 96025 100278 102239 95803 115715 510060 96025 100278 102239 95803 115715 510060 0 0 0 510060 16495 983 449 17927 112520 101261 102688 95803 115715 527987 0.96600 0.96470 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC REVENUE - 2019 AMOUNT: $ 16,495. 2020 AMOUNT: $ 983. 2021 AMOUNT: $ 449. 0 1 X 9 9 1085011 344879 740132 740141 DUE TO AFFILIATES 443232 443232 X 115715 0 115715 0 115715 148670 0 148670 0 148670 PART IV, LINE 2B: THE ORGANIZATION IS REQUIRED TO PLACE RESIDENT FUNDS INTO A SEPARATE INTEREST-BEARING ACCOUNT. ALL DEPOSITS ARE CONSIDERED THE PROPERTY OF THE RESIDENT AND MAY NOT BE COMMINGLED WITH PERSONAL MONIES OR BECOME AN ASSET OF THE ORGANIZATION. UPON CESSATION OF EACH RESIDENT'S STAY, THE RESIDENT FUND DEPOSIT IS RETURNED TO THE RESIDENT OR A FAMILY MEMBER. PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 MICHELLE N NEUGEBAUER EXECUTIVER DIRECTOR 0 184429 0 0 0 0 0 7081 0 18681 0 210191 0 0 GAUDI POLANCO-MENDOZA CFO 0 148434 0 0 0 0 0 6052 0 734 0 155220 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES ALL MANAGEMENT RESPONSIBILITIES TO SHINDA MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE IT IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE WILL MEET WITH THE MANAGEMENT TO DISCUSS THE 990 AND RESOLVE ANY QUESTIONS THAT MAY ARISE. THE DRAFT 990 WILL THEN BE DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. UPON APPROVAL FROM THE BOARD OF DIRECTORS THE 990 WILL BE FILED. FORM 990, PART VI, SECTION B, LINE 12C IF A CONFLICT APPEARS TO EXIST, MANAGEMENT AND THE BOARD WILL MEET WITH THE INDIVIDUAL TO OBTAIN ALL FACTS. SUBSEQUENTLY, A VOTE WILL ENSURE IF THE MATTER IS INDEED A CONFLICT OF INTEREST. IF IT IS FOUND TO BE A CONFLICT OF INTEREST, THE INDIVIDUAL WITH THE CONFLICT OF INTEREST MUST REFRAIN FROM PARTICIPATING IN THE DELIBERATION AND DECISION MAKING CONCERNING THE MATTER THAT GAVE RISE TO THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ARLINGTON APARTMENTS HDFC 625 JAMAICA AVENUE BROOKLYN NY 11208 113166122 HOUSING NY 501(C)(3) LINE 10 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 0 CYPRESS HILL LOCAL DEVELOPMENT CORP 625 JAMAICA AVENUE BROOKLYN NY 11208 112683663 HOUSING NY 501(C)(3) LINE 7 N/A 0 CYPRESS WEST HDFC 625 JAMAICA AVENUE BROOKLYN NY 11208 113294777 HOUSING NY 501(C)(3) LINE 10 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 0 PITKIN BERRIMAN HOUSING DEVELOPMENT FUND CORPORATION 625 JAMAICA AVENUE BROOKLYN NY 11208 451263315 HOUSING NY 501(C)(3) LINE 10 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 0 CYPRESS VILLAGE LP 625 JAMAICA AVENUE BROOKLYN NY 11028 453677180 AFFORDABLE HOUSING NY N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 1