2025-11-12T11:07:15-06:00 2024-12-31 474526160 EFPR ADVISORY LLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-01-01 141613620 BURNT HILLS-BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC BURN 5183710339 126 COUNCIL LANE BURNT HILLS NY 12027 LORETTA RIGNEY PRESIDENT 5183710339 2025-11-05 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-11-05 2024 2025-03-06 01:10:19Z LORETTA RIGNEY 126 COUNCIL LANE BURNT HILLS NY 12027 184713 0 X N/A X 1979 NY PROVIDE SAFE, ATTRACTIVE, COMFORTABLE AND AFFORDABLE HOUSING FOR SENIORS AND/OR PEOPLE WITH DISABILITIES. 6 6 0 0 0 0 10910 6457 182831 176069 1907 1887 2302 300 197950 184713 150 0 0 0 27864 12000 0 0 0 143887 177403 171901 189403 26049 -4690 563889 530993 726562 698356 -162673 -167363 PROVIDE SAFE, ATTRACTIVE, COMFORTABLE AND AFFORDABLE HOUSING FOR SENIORS AND/OR PEOPLE WITH DISABILITIES. 0 0 145201 176069 THE ORGANIZATION OPERATES A LOW INCOME HOUSING PROJECT FINANCED BY THE U.S. GOVERNMENT PROVIDING HOUSING TO THE VERY LOW TO LOW INCOME SENIOR/DISABLED. 145201 1 0 0 0 0 0 0 0 0 1 1 0 0 1 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X X VICTORIA MADDALONE 5183468600 525 UNION STREET SUITE 101 SCHENECTADY NY 12305 LORETTA RIGNEY PRESIDENT 1.00 X X 0 0 0 SUSAN STEC SECRETARY 1.00 X X 0 0 0 TOM RIGNEY TRUSTEE 1.00 X 0 0 0 KAREN LATHROP TRUSTEE 1.00 X 0 0 0 MARTY SCOFIELD TREASURER 1.00 X X 0 0 0 MARY FORMAN TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 500 5957 6457 RENTAL INCOME 531110 174984 174984 LAUNDRY INCOME 812300 1085 1085 176069 1887 1887 MISCELLANEOUS 900099 300 300 300 184713 176069 0 2187 X 12000 12000 21386 21386 219 219 21335 11510 9825 779 39 740 8139 8139 41951 41951 12235 12235 SUPPLIES 28803 28803 GROUNDS 25488 25488 SNOW REMOVAL 10388 10388 TAXES, LICENSES, & PERM 3509 3509 3171 3139 32 189403 145201 44202 0 46099 4467 2585 19017 3069 3069 1502792 1139545 397398 363247 114738 141193 563889 530993 7205 8565 701799 672932 17558 16859 726562 698356 X -162673 -167363 -162673 -167363 563889 530993 -4690 0 X X 0 1 X 1 1 1 X 1375 4710 9425 10910 6457 32877 154962 156875 160509 182831 176069 831246 156337 161585 169934 193741 182526 864123 0 0 0 864123 86 75 22 1907 1887 3977 86 75 22 1907 1887 3977 50 20 255 2302 300 2927 156473 161680 170211 197950 184713 871027 0.99210 0.99260 0.00460 0.00260 X 8375 887 9262 7627 748 8375 9179 -1552 7627 8027 1152 9179 6292 1735 8027 1.00000 1 0 38399 38399 1291286 988814 302472 173107 150731 22376 363247 ENDOWMENT FUND - COMMUNITY FOUNDATION OF GREATER CAPITAL REGION 8440 LANDRY FUND - COMMUNITY FOUNDATION OF GREATER CAPITAL REGION 7674 RESERVE FOR REPLACEMENTS 73387 TAX & INSURANCE ESCROW 34833 TENANTS' SECURITY DEPOSITS 16859 141193 TENANTS' SECURITY DEPOSITS 16859 16859 X 182697 0 182697 2016 2016 184713 187111 0 187111 2292 2292 189403 PART V, LINE 4: BURNT-HILLS - BALLSTON LAKE HDFC HAS $16,114 ON DEPOSIT AS OF DECEMBER 31, 2024 WITH THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITION 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 ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: BURNT-HILLS - BALLSTON LAKE HDFC REVENUE 2,016. PART XII, LINE 4B - OTHER ADJUSTMENTS: BURNT-HILLS - BALLSTON LAKE HDFC EXPENSES 2,292. FORM 990, PART VI, SECTION A, LINE 2 LORETTA RIGNEY, PRESIDENT, AND TOM RIGNEY, TRUSTEE, ARE RELATED AS FAMILY. FORM 990, PART VI, SECTION A, LINE 3 BUSINESS FUNCTIONS HAVE BEEN DELEGATED TO A PROPERTY MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE 990 IS PROVIDED BY EMAIL TO EACH BOARD MEMBER FOR REVIEW ALONG WITH THE AUDITED FINANCIAL STATEMENTS. ONCE AGREED UPON BY ALL MEMBERS, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IF A CONFLICT OF INTEREST ARISES, THE ORGANIZATION IS REQUIRED TO REPORT TO USRD IN DETAIL. MANAGEMENT MONITORS VENDORS AND CUSTOMERS THROUGHOUT THE YEAR FOR CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST VIA MAIL, FAX, OR IN PERSON. FORM 990, PART IX, LINE 11G MAINTENANCE CONTRACT: PROGRAM SERVICE EXPENSES 11,510. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,510. AUDITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,825. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,825. FORM 990, PART XII, LINE 2: AUDITED FINANCIAL STATEMENTS ARE FOR COUNCIL MEADOWS FUND, AND DO NOT INCLUDE THE ASSETS, LIABILITIES, AND NET ASSETS, AND THE SUPPORT, REVENUE, AND EXPENSES THAT ARE RECORDED IN THE ORGANIZATION'S OTHER FUND (BURNT-HILLS - BALLSTON LAKE HDFC). FORM 990, PART XII, LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2024.