2025-11-05T08:21:43-06:00 2024-07-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-08-01 510139050 COMMUNITY SERVICE PROGRAMS INC COMM 8452972004 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 MARGARET T O'LEARY C.E.O. 8452972004 2025-10-28 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-10-28 2023 2025-03-06 01:10:19Z X DAVID MERTE PE 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 3934534 0 X N/A X 1975 NY TO PROVIDE ADEQUATE AND AFFORDABLE HOUSING AND OTHER RELATED FACILITIES AND SERVICES TO THE HUDSON VALLEY REGION. 5 5 14 0 0 0 92491 2754784 1071142 1138424 1278 9638 25327 31688 1190238 3934534 0 0 0 0 572549 596867 0 0 0 372758 2052650 945307 2649517 244931 1285017 1177172 4123666 1940327 3435099 -763155 688567 TO PROVIDE ADEQUATE AND AFFORDABLE HOUSING AND OTHER RELATED FACILITIES AND SERVICES TO THE HUDSON VALLEY REGION. 0 0 2509675 1138424 THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE ADEQUATE AND AFFORDABLE HOUSING AND OTHER RELATED FACILITIES AND SERVICES, WHICH ARE CONDUCIVE TO THE STABILIZATION, PROGRESS, AND WELFARE OF THE COMMUNITIES AND RESIDENTS OF THE HUDSON VALLEY REGION OF NEW YORK STATE. 2509675 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 5 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X THE ORGANIZATION 8452972004 CSP BUILDING 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 DAVID MERTE PE CHAIRPERSON 1.00 1.00 X X 0 0 0 GREGORY D SUPPLE ESQ VICE CHAIRPERSON 1.00 1.00 X X 0 0 0 JOAN ECK SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 JOHN LAWRENCE DIRECTOR 1.00 1.00 X 0 0 0 PAUL PILON DIRECTOR 1.00 1.00 X 0 0 0 MARGARET O'LEARY C.E.O. 40.00 1.00 X 119995 0 18000 119995 0 18000 1 0 0 0 BOND SCHOENECK & KING 22 CORPORATE WOODS ALBANY NY 12211 LEGAL SERVICES 149838 1 2620501 134283 2754784 PAYROLL SERVICE INCOME 531311 525525 525525 RENTAL INCOME 531110 321359 321359 PROPERTY MANAGEMENT FE 531311 291540 291540 1138424 9638 9638 MISCELLANEOUS 900099 31688 31688 31688 3934534 1138424 0 41326 119995 104276 15719 374465 325409 49056 60746 52789 7957 41661 36204 5457 93023 63927 29096 7080 7080 8162 6960 1202 52440 52440 15591 11695 3896 247 247 88366 83214 5152 77031 74062 2969 57026 47383 9643 GRANT EXPENSE 1527139 1527139 MAINTENANCE AND REPAIRS 47496 47496 BUILDING SUPPLIES 23307 23307 PROPERTY TAXES 17140 17140 38602 28907 9695 2649517 2509675 139842 0 11083 208635 1340014 164828 267254 7841 23421 4313206 2300648 732558 2012558 247085 256450 13777 15334 1177172 4123666 177082 843822 264504 1330563 1881870 432682 444903 1940327 3435099 X -763155 688567 -763155 688567 1177172 4123666 1285017 166705 0 X X 0 1 X 1 1 1 X 138305 191328 422848 92491 2754784 3599756 138305 191328 422848 92491 2754784 3599756 3599756 193 158 79 1278 9638 11346 3247 2720 2874 25327 31688 65856 3676958 4235559 0.97900 0.96010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2887455 2261945 625510 67885 38703 29182 1357866 1357866 2012558 CERTIFICATE OF DEPOSIT 256450 F 256450 DUE TO AFFILIATES 342503 DUE TO RELATED PARTY 87066 TENANTS' SECURITY DEPOSITS 15334 444903 X 3934534 0 3934534 0 3934534 2649517 0 2649517 0 2649517 PART X, LINE 2: COMMUNITY SERVICES PROGRAMS, INC. AND HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY, INC. ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOMNE TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES HAVE BEEN CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A) OF THE CODE. THE ENTITIES 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 THE ENTITIES HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS CONSOLIDATED FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ENTITIES ARE SUBJECT TO TAX EXAMINATION BY TAXING AUTHORITIES. JOAN ECK SENIOR VP OF ULSTER SAVINGS BANK IS ORGANIZATION'S TREASURER (JOAN ECK) 1881870 MORTGAGES 0 AMENDED FORM 990: THE ORIGINAL RETURN WAS PREPARED AND FILED USING UNAUDITED FINANCIAL INFORMATION. THIS RETURN IS BEING AMENDED TO REFLECT THE INFORMATION AS REPORTED ON THE AUDITED FINANCIAL STATEMENTS. CHANGES TO FORM 990 ARE AS FOLLOWS: AS ORIGINALLY FILED: AS AMENDED: PART I, LINE 8: $2,684,751 $2,754,784 CONTIBUTION/GRANTS PART I, LINE 11: 31,687 31,688 OTHER EXPENSES PART I, LINE 12: 3,864,500 3,934,534 TOTAL EXPENSES PART I, LINE 15: $596,866 $596,867 COMPENSATION PART I, LINE 18: 1,978,594 2,052,650 OTHER EXPENSES PART I, LINE 18: 2,575,460 2,649,517 TOTAL EXPENSES PART I, LINE 19: 1,289,040 1,285,017 REV LESS EXP PART I, LINE 20: 4,217,827 4,123,666 TOTAL ASSETS PART I, LINE 21: 3,691,942 3,435,099 TOTAL LIAB. PART I, LINE 22: 525,885 688,567 NET ASSETS PART IX, LN 25, COL B: $2,435,619 $2,509,675 PROGRAM EXP PART IX, LN 25, COL C: 139,841 139,842 MGMT & GENERAL EXP PART XI, LN 8: -0- 166,705 PRIOR PERIOD ADJ CHANGES TO BALANCE SHEET, REVENUE AND EXPENSES ARE REFLECTED THROUGHOUT THE AMENDED RETURNS AND SUPPLEMENTAL SCHEDULES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO THE BOARD ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ANY BOARD ACTION, CONFLICTS OF INTEREST ARE SO NOTED AND RECORDED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY COMPARISON WITH SIMILAR ORGANIZATIONS ON GUIDESTAR REPORTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED JULY 31, 2024. HUDSON VALLEY HOUSING DEVELOPMENT FUND CO 5 GIVANS AVENUE WAPPINGER FALLS NY 12590 222873650 HOUSING DEVELOPMENT NY 501(C)(3) LINE 10 N/A 0 MEADOW RIDGE LP 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 020564415 HOUSING NY RELATED 0 0 0.01000 MEADOW RIDGE II LP 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 203625429 HOUSING NY RELATED 0 0 0.01000 DIMARCO PLACE II LP 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 550832444 HOUSING NY RELATED 0 0 0.01000 GREEN MEADOWS APARTMENTS LP 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 HOUSING NY RELATED 0 0 0.01000 MEADOW RIDGE CORPORATION 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 030407632 INVESTMENT NY HUDSON VALLEY HDFC C 1.00000 0 MEADOW RIDGE II HDFC 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 203519310 INVESTMENT NY HUDSON VALLEY HDFC C 1.00000 0 DIMARCO PLACE II INC 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 550832444 INVESTMENT NY HUDSON VALLEY HDFC C 1.00000 0 GREEN MEADOWS AFFORDABLE HOUSING GROUP 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 264536325 INVESTMENT NY HUDSON VALLEY HDFC C 1.00000 0 HIGHLAND MEADOWS SENIOR HOUSING DEVELOPMENT FUND CO 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 462546346 INVESTMENT NY HUDSON VALLEY HDFC C 1.00000 0 GREEN MEADOWS HDFC INC 5 GIVANS AVENUE WAPPINGERS FALLS NY 12590 263450340 INVESTMENT NY HUDSON VALLEY HDFC C 1.00000 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 DIMARCO PLACE II LP E 182051 FMV HUDSON VALLEY HOUSING DEVELOPMENT FUND CO INC E 342503 FMV GREEN MEADOWS APARTMENTS LP D 63898 FMV HIGHLAND MEADOW SENIOR LP L 59658 FMV HUDSON VALLEY HOUSING DEVELOPMENT FUND CO INC L 128280 FMV MEADOW RIDGE I LP L 53592