2025-02-11T08:12:25-06:00 2022-12-31 161451346 FLAHERTY SALMIN LLP 2300 BUFFALO ROAD BUILDING 200 ROCHESTER NY 14624 990 2022-01-01 821235634 HERKIMER AFFORDABLE HOUSING INC HERK 3158662252 315 N PROSPECT ST HERKIMER NY 13350 RICHARD DOWE EXECUTIVE DIRECTOR 3158662252 2025-02-07 1 1 DALE ROWLAND CPA P00648479 5852790120 2025-02-04 2022 2025-03-06 01:10:19Z X RICHARD DOWE 315 N PROSPECT ST HERKIMER NY 13350 5539862 0 X HTTP://WWW.HERKIMERHOUSING.ORG/ X 2017 NY HERKIMER AFFORDABLE HOUSING, INC. WAS FORMED FOR THE CHARITABLE PURPOSE OF SUPPORTING RESIDENTS OF HERKIMER NEW YORK IN CONNECTION WITH THE GOAL OF PROVIDING LOW INCOME HOUSING TO AREA RESIDENTS AND SUPPORTING THE HERKIMER HOUSING AUTHORITY IN ITS MISSION, A MUNICIPAL HOUSING AUTHORITY FOR THE VILLAGE OF HERKIMER, NEW YORK. 7 7 0 0 0 0 5992 707600 548494 4832262 0 0 0 0 554486 5539862 0 0 0 0 0 0 0 0 0 460466 1185935 460466 1185935 94020 4353927 2084760 5910232 1823403 1294948 261357 4615284 X THE CORPORATION'S PRIMARY PURPOSES AND PUBLIC OBJECTIVES ARE TO (A) INCREASE THE AVAILABILITY, QUALITY AND ACCESSIBILITY OF HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES WITHIN HERKIMER COUNTY, NEW YORK AND ENHANCE THE QUALITY OF LIFE AND ECONOMIC SELF-SUFFICIENCY OF THE FAMILIES AND INDIVIDUALS WITHIN THE HERKIMER AREA; (B) WORK WITH ORGANIZATIONS, BUSINESSES, GOVERNMENTS AND OTHERS TO IDENTIFY AND ATTAIN RESOURCES FOR INCREASING THE AVAILABILITY OF HOUSING FOR LOW AND MODERATE INCOME RESIDENTS; (C) SEEK AND SOLICIT FINANCIAL AND OTHER RESOURCES FROM GOVERNMENTAL ORGANIZATIONS AND AGENCIES, PRIVATE FOUNDATIONS AND OTHER ENTITIES TO SUPPORT THE MISSION AND GOALS OF THE CORPORATION; AND (D) PROVIDE SUPPORTIVE SERVICES TO ENHANCE THE ECONOMIC AND SOCIAL SELF-SUFFICIENCY OF THE FAMILIES AND INDIVIDUALS WITHIN HERKIMER, NEW YORK. 0 0 740902 5168946 WORKED TO DEVELOP A PUBLIC-PRIVATE PARTNERSHIP THAT WAS AWARDED A HIGHLY COMPETITIVE ALLOCATION OF NYS HCR 9% LIHTC TO FURTHER THE HUD/RAD CONVERSION AND PRESERVATION OF THE HERKIMER HOUSING AUTHORITY'S EASTERN GARDENS RESIDENCE. AWARDED A HIGHLY COMPETITIVE ALLOCATION OF NYS HOME PROGRAM: SRDI FUNDING TO DEVELOP A NEW, 24-UNIT, AFFORDABLE MULTIFAMILY RESIDENCE FOR THE HERKIMER HOUSING AUTHORITY. 89272 370916 AWARDED AN ALLOCATION OF NYS HCR COMMUNITY INVESTMENT FUNDS TO CONSTRUCT A NEW HEAD START AND EARLY HEAD START CHILD CARE FACILITY IN THE VILLAGE OF HERKIMER ON BEHALF OF THE HERKIMER HOUSING AUTHORITY 830174 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 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 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 NY X THE ORGANIZATION 3158662252 315 N PROSPECT ST HERKIMER NY 13350 X RICHARD DOWE EXECUTIVE DIRECTOR 1.00 X X 0 0 0 ROBERT BRENCHLEY CHAIR 0.25 X 0 0 0 WILLIAM WILICZKA TREASURER/VICE CHAIR 0.25 X X 0 0 0 GEORGE NEVERUSKY SECRETARY 0.25 X X 0 0 0 DAVID RONAN BOARD MEMBER 0.25 X 0 0 0 KEITH JOHNSON BOARD MEMBER 0.25 X 0 0 0 CHRISTINE MCKINNEY BOARD MEMBER 0.25 X 0 0 0 0 0 0 0 0 0 0 EDGEMERE DEVELOPMENT INC 277 ALEXANDER ST ROCHESTER NY 14607 DEVELOPMENT SERVICES 586238 1 350000 357600 707600 TAX CREDIT PAYMENT 531310 3625868 3625868 DEVELOPMENT FEE 531310 1180478 1180478 FACILITY USE 531120 15210 15210 DAYCARE FEES 624410 10706 10706 4832262 5539862 4832262 0 0 X 419771 66879 352892 586328 586328 423 423 67279 67279 2639 2639 DEVELOPMENT COSTS 94012 94012 OTHER DAYCARE COSTS 15253 15253 BANK FEES 130 130 NY FILING FEE 100 100 1185935 830174 355761 0 205421 387898 1963595 67279 1879189 1896316 150 3626018 2084760 5910232 1815456 1287001 7947 7947 1823403 1294948 X 0 0 0 0 261357 4615284 261357 4615284 2084760 5910232 4353927 0 X 0 1 X 0 1 1 X 100000 5992 707600 813592 263876 548494 4832262 5644632 263876 100000 554486 5539862 6458224 0 0 0 6458224 263876 100000 554486 5539862 6458224 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1944579 63476 1881103 19016 3803 15213 1896316 HERKIMER SR ASSOCIATES MM LLC 150 C LOAN TO HERKIMER EG ASSOCIATES LLC 3625868 F 3626018 FORM 990, PART VI, SECTION A, LINE 8B THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH "COMMITTEES OF THE CORPORATION" WHICH SHALL BE ADVISORY BODIES AND SHALL HAVE NO AUTHORITY TO BIND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WILL BE SHARED WITH AND REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C NEW AND EXISTING BOARD MEMBERS ANNUALLY REVIEW THE POLICY AND SIGN COI FORMS. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART IX, LINE 11G DEVELOPER FEE: PROGRAM SERVICE EXPENSES 586,328. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 586,328. EXPLINATION OF CHANGES TO AMENDED TAX RETURN THE RETURN IS BEING AMENDED TO INCLUDE THE 168(H) ELECTION FOR HERKIMER SR ASSOCIATES MM- 86-2417065. HERKIMER AFFORDABLE HOUSING, INC IS THE SOLE MEMBER OF THE ENTITY. SEE SCHEDULE R, PART IV AND THE ATTACHED STATEMENT FOR MORE DETAILS. HERKIMER DAYCARE LLC 315 N PROSPECT ST HERKIMER NY 13350 DAYCARE OPERATIONS NY 370210 1925804 HERKIMER AFFORDABLE HOUSING INC HERKIMER EG ASSOCIATES LLC 315 NORTH PROSPECT ST HERKIMER NY 13350 842245328 RENTAL OF LOW INCOME HOUSING NY HERKIMER EG ASSOCIATES MM LLC N/A 0 0 HERKIMER SR ASSOCATES LLC 315 NORTH PROSPECT ST HERKIMER NY 13350 862391736 RENTAL OF LOW INCOME HOUSING NY HERKIMER SR ASSOCIATES MM LLC N/A 0 0 HERKIMER EG ASSOCIATES MM LLC 315 N PROSPECT ST HERKIMER NY 13350 842196998 INVESTMENT IN OTHER ENTITIES NY HERKIMER AFFORDABLE HOUSING INC C -57 62695 1.00000 1 HERKIMER SR ASSOCIATES MM LLC 315 N PROSPECT ST HERKIMER NY 13350 862417065 INVESTMENT IN OTHER ENTITIES NY HERKIMER AFFORDABLE HOUSING INC C -65 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 HERKIMER EG ASSOCIATES LLC D 3625868 LOAN BALANCE AT YEAR END HERKIMER EG ASSOCIATES LLC L 1180478 DEVELOPMENT FEE PAID DURING YEAR