2024-11-15T14:58:24-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 133810515 PLEASANTVILLE HOUSING DEVELOPMENT FUND COMPANY INC PLEA 9147692500 61 NANNAHAGAN ROAD PLEASANTVILLE NY 10570 PETER DINKEL PRESIDENT 9147692500 2024-11-15 1 1 EVA MRUK P00543254 9143818900 2024-11-13 2023 2024-10-15 13:58:12Z X PETER DINKEL 61 NANNAHAGAN ROAD PLEASANTVILLE NY 10570 402339 0 X N/A X 1995 NY TO PROVIDE LOW-INCOME HOUSING FOR SENIORS, MUNICIPAL AND SCHOOL EMPLOYEES, COMMUNITY VOLUNTEERS, AND FIRST-TIME HOMEBUYERS. 9 9 0 9 0 0 0 41416 0 285054 0 6962 0 68907 0 402339 0 0 0 0 0 0 0 0 0 0 516816 0 516816 0 -114477 4373942 4185479 1117704 1048770 3256238 3136709 TO PROVIDE LOW-INCOME HOUSING FOR SENIORS, MUNICIPAL AND SCHOOL EMPLOYEES, COMMUNITY VOLUNTEERS, AND FIRST-TIME HOMEBUYERS. 0 0 420500 0 285054 PLEASANTVILLE HOUSING DEVELOPMENT FUND COMPANY, INC. (THE "HDFC"), IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN 1995 UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF NEW YORK STATE. THE PLEASANTVILLE HDFC IS A COMMUNITY-BASED NON-PROFIT THAT WORKS CLOSELY WITH THE VILLAGE OF PLEASANTVILLE ON AFFORDABLE HOUSING ISSUES AND HAS IDENTIFIED A SERIOUS COMMUNITY NEED FOR LOW-INCOME HOUSING FOR SENIORS, MUNICIPAL AND SCHOOL EMPLOYEES, COMMUNITY VOLUNTEERS AND FIRST-TIME HOMEBUYERS. THE HDFC IS THE SOLE MEMBER OF ASHBOURNE LLC, WHICH WAS FORMED IN 2002, IN ORDER TO ACQUIRE, REHABILITATE, MANAGE AND MAINTAIN 24 UNITS OF LOW-INCOME HOUSING LOCATED IN PLEASANTVILLE, NEW YORK, (THE "PROJECT"). 420500 1 1 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 0 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 9 9 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NY X X STEVE GORELL 9147692500 61 NANNAHAGAN ROAD PLEASANTVILLE NY 10570 X PETER DINKEL PRESIDENT 1.00 X X 0 0 0 BRIAN SKARSTAD VICE PRESIDENT 1.00 X X 0 0 0 GLORIA GORELL SECRETARY 1.00 X X 0 0 0 STEVE GORELL TREASURER 1.00 X X 0 0 0 RALPH KLIENFORTH DIRECTOR 1.00 X 0 0 0 VIRGINIA PANCOTTI DIRECTOR 1.00 X 0 0 0 PETER RUSSELL DIRECTOR 1.00 X 0 0 0 PETER SCHERER DIRECTOR 1.00 X 0 0 0 HELEN SENKO DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 41416 41416 RENTAL INCOME 531110 285054 285054 285054 6962 6962 60640 0 60640 60640 60640 STORAGE INCOME 900099 3270 3270 PARKING RENT 900099 3120 3120 LAUNDRY INCOME 900099 1822 1822 55 55 8267 402339 285054 0 75869 85467 12000 73467 14300 14300 7833 7833 160077 160077 183421 183421 6600 6600 REPAIRS AND MAINTENANCE 58402 58402 MISC. EXPENSES 716 716 516816 420500 96316 0 31787 40754 790602 764194 6305 0 25167 19921 6810602 3487362 3486482 3323240 33599 37370 4373942 4185479 130267 105719 1816 1971 24559 26884 960821 913170 241 1026 1117704 1048770 X 3256238 3136709 3256238 3136709 4373942 4185479 X -114477 -5052 X 0 1 X 0 0 X 56920 45047 36528 41977 41416 221888 56920 45047 36528 41977 41416 221888 221888 67185 67617 63028 61514 67602 326946 322 8267 8589 557423 1345573 0.39810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 6558221 3303643 3254578 252381 183719 68662 3323240 DUE TO AFFILIATES 1026 1026 X 402339 0 402339 0 402339 521868 5052 5052 516816 0 516816 PART IV, LINE 2B: FUNDS FOR THE PERSONAL USE OF RESIDENTS AND FUNDS RECEIVED AS SECURITY DEPOSITS FOR SERVICES ARE HELD IN TRUST FOR THEM BY THE PLEASANTVILLE HDFC. THESE FUNDS ARE SEGREGATED IN A SEPARATE INTEREST-BEARING ACCOUNT FOR THE TENANTS AND ARE NOT AVAILABLE FOR OTHER USES. PART X, LINE 2: THE PLEASANTVILLE HDFC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE PLEASANTVILLE HDFC IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2020. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS 5,052. FORM 990, PART VI, SECTION A, LINE 2 GLORIA GORELL AND STEVE GORELL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 PLEASANTVILLE HOUSING DEVELOPMENT FUND COMPANY, INC. HAS ENTERED INTO A PROPERTY MANAGEMENT AGREEMENT WITH AN UNRELATED ORGANIZATION, A-HOME, WHICH PROVIDES FOR RENTAL MANAGEMENT, REPAIRS AND SUPERVISION. PROPERTY MANAGEMENT FEE EXPENSE FOR THE YEAR ENDED DECEMBER 31, 2023 WAS $73,467. NO BOARD MEMBERS OR OFFICERS WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B PLEASANTVILLE HOUSING DEVELOPMENT FUND COMPANY, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF ASSETS -5,052. PLEASANTVILLE COMMUNITY HOUSING DEVELOPMENT ORGANIZATION INC 61 NANNAHAGAN ROAD PLEASANTVILLE NY 10570 030392268 TO DEVELOP HOUSING AS A COMMUNITY-BASED HOUSING DEVELOPMENT ORGANIZATION. NY 501(C)(3) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0