2025-10-06T13:13:01-05:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-01-01 132809873 CLARKSTOWN MIDDLEWOOD HOUSING DEVELOPMENT FUND COMPANY INC CLAR 8453577000 4 EXECUTIVE BLVD 100 SUFFERN NY 10901 GEORGE HOEHMANN PRESIDENT & CHAIRMAN 8453577000 2025-10-06 1 1 TRACY CAI P01959755 9143818900 2025-10-06 2024 2025-03-06 01:10:19Z GEORGE HOEHMANN 4 EXECUTIVE BLVD 100 SUFFERN NY 10901 2428967 0 X N/A X 1972 NY OPERATE A 107-UNIT RESIDENTIAL APARTMENT BUILDING COMPLEX IN NANUET, NEW YORK UNDER SECTION 215 OF THE NATIONAL HOUSING ACT. 5 0 0 7 0 0 1894583 1872378 501047 545045 44471 5374 5960 6170 2446061 2428967 5909228 810653 0 0 0 0 0 0 0 1675245 1920714 7584473 2731367 -5138412 -302400 8228452 7632593 16905715 16612256 -8677263 -8979663 X OPERATING A 107-UNIT RESIDENTIAL APARTMENT BUILDING COMPLEX IN NANUET, NEW YORK UNDER SECTION 215 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPT. OF HOUSING & URBAN DEVELOPMENT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE ENTITY IS ALSO SUBJECT TO SECTION 8 RENTAL ASSISTANCE CONTRACT AS OF AUGUST 1982. 0 0 2452210 810653 545045 OPERATION OF A 107-UNIT RESIDENTIAL APARTMENT BUILDING COMPLEX IN NANUET, NEW YORK UNDER SECTION 215 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). 2452210 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 X ARCO MANAGEMENT CORP 8453682400 4 EXECUTIVE BLVD SUITE 100 SUFFERN NY 10901 X GEORGE HOEHMANN PRESIDENT & CHAIRMAN 5.00 41.00 X X 0 0 0 DONALD FRANCHINO VICE PRESIDENT 1.00 21.00 X X 0 0 0 MICHAEL GRAZIANO SECRETARY 1.00 21.00 X X 0 0 0 BOB AXELROD DIRECTOR 1.00 21.00 X 0 0 0 PATRICK CARROLL DIRECTOR THRU DEC 2024 1.00 21.00 X 0 0 0 MARK B LICKER DIRECTOR 1.00 21.00 X 0 0 0 MARK WOODS JR DIRECTOR THRU MAY 2024 1.00 21.00 X 0 0 0 0 0 0 0 0 0 0 ARCO MANAGEMENT OF NY 4 EXECUTIVE BLVD STREET 100 SUFFERN NY 10910 PROPERTY MANAGEMENT COMPANY 114317 1 1872378 1872378 RENTAL INCOME 531110 545045 545045 545045 5374 5374 LAUNDRY AND VENDING 900099 4901 4901 MISC. REVENUE 900099 677 677 OTHER TENANT CHARGES 900099 592 592 6170 2428967 545045 0 11544 810653 810653 107725 107725 585 585 28002 28002 148315 112895 35420 16626 16626 8653 8653 599114 574258 24856 527856 527856 218074 218074 ALLOCATED PAYROLL 172026 122950 49076 REPAIRS & MAINTENANCE 71940 71940 OPERATING SUPPLIES 13584 13584 MISC. EXPENSES 7615 7615 599 599 2731367 2452210 279157 0 429688 404249 1429953 1029302 6897 14185 67471 63896 10871503 5080427 5919311 5791076 375132 329885 8228452 7632593 77433 58339 13955 27729 37855 41781 16726205 16434316 50267 50091 16905715 16612256 X -8677263 -8979663 -8677263 -8979663 8228452 7632593 -302400 0 X 0 1 X 0 1 1 X 652431 656207 1447767 1894583 1872378 6523366 462989 478329 475929 501047 545045 2463339 3685 4222 4303 4935 5493 22638 1119105 1138758 1927999 2400565 2422916 9009343 0 0 0 9009343 2992 1732 14442 44471 5374 69011 2992 1732 14442 44471 5374 69011 37999 1473 1847 1025 677 43021 1160096 1141963 1944288 2446061 2428967 9121375 0.98770 0.98370 0.00760 0.00870 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC REVENUE - 2020 AMOUNT: $ 1,318. 2021 AMOUNT: $ 1,473. 2022 AMOUNT: $ 1,847. 2023 AMOUNT: $ 1,025. 2024 AMOUNT: $ 677. FORGIVNESS OF DEBT - 2020 AMOUNT: $ 36,681. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 264963 264963 10357568 4847359 5510209 248972 233068 15904 5791076 ACCRUED INTEREST PAYABLE 41465 DUE TO HUD 8626 50091 X 2428967 0 2428967 0 2428967 2731367 0 2731367 0 2731367 PART IV, LINE 2B: FUNDS FOR PERSONAL USE OF RESIDENTS AND FUNDS RECEIVED AS SECURITY DEPOSITS FOR SERVICES ARE HELD IN TRUST FOR THEM BY THE ENTITY. THE FUNDS ARE SEGREGATED IN A SEPARATE INTEREST-BEARING ACCOUNT FOR THE TENANTS' BENEFIT AND ARE NOT AVAILABLE FOR OTHER USES. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2021. 1 CLARKSTOWN HOUSING DEVELOPMENT FUND COMPANY INC 10 MAPLE AVENUE NEW CITY NY 10956 881619106 501(C)(4) 810653 0 DEVELOPMENT OF AFFORDABLE HOUSING 0 1 PART I, LINE 2: THE ORGANIZATION MADE A GRANT TO A RELATED ORGANIZATION DURING THE YEAR TO USE FOR THE DEVELOPMENT OF AFFORDABLE HOUSING. GRANT FUND PROVIDED IS MONITORED BY THE SPONSOR OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO A PROPERTY MANAGEMENT AGREEMENT WITH AN UNRELATED THIRD PARTY, ARCO MANAGEMENT CORP, WHICH PROVIDES PROPERTY MANAGEMENT, BOOKKEEPING SERVICES AND ADMINISTRATIVE SERVICES TO THE ENTITY. THE TOTAL PAID TO ARCO MANAGEMENT CORP DURING THE CALENDAR YEAR FOR THESE SERVICES WAS $107,725. ADDITIONALLY, THE TOWN OF CLARKSTOWN, THE SPONSOR OF THE ORGANIZATION AND A RELATED ENTITY, PERFORMS CERTAIN OTHER TENANT MANAGEMENT DUTIES ON BEHALF OF THE ORGANIZATION. THE ORGANIZATION REIMBURSED THE TOWN OF CLARKSTOWN $35,420 FOR THESE SERVICES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION 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. ONCE THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS SENT TO THE PRESIDENT OF THE BOARD FOR APPROVAL PRIOR TO BE FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON REQUEST. TOWN OF CLARKSTOWN 10 MAPLE AVENUE NEW CITY NY 10956 GOVERNMENTAL UNIT NY N/A 0 CLARKSTOWN HOUSING DEVELOPMENT FUND COMPANY INC 10 MAPLE AVENUE NEW CITY NY 10956 881619106 LOW INCOME HOUSING NY 501(C)(4) TOWN OF CLARKSTOWN 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0