2025-09-22T11:15:01-05:00 2024-12-31 271895149 Heveron & Company CPAs PLLC 260 Plymouth Avenue South Rochester NY 14608 990 2024-01-01 223311544 Providence Housing Development Corporation PROV 5855299555 1150 Buffalo Road Rochester NY 14624 Mark Greisberger Executive Director 5855299555 2025-11-17 1 1 Daniel O'Dea P01418512 5852322956 2025-09-18 2024 2025-03-06 01:10:19Z Mark Greisberger 1150 Buffalo Road Rochester NY 14624 7681706 0 X www.ProvidenceHousing.org X 1994 NY Create affordable housing for low income households. 12 10 102 140 0 0 3084387 3402521 1965569 3994832 106610 109402 185100 174951 5341666 7681706 2298400 2667448 0 0 2013343 2174741 0 0 0 889986 1252226 5201729 6094415 139937 1587291 12409071 14813139 1700120 2875447 10708951 11937692 X Providence Housing Development Corporation's mission is to strengthen families and communities by creating and providing access to quality affordable housing enriched by the availability of supportive services. 0 0 3507219 2667448 322602 Homeless Grants, Providence administers 3 permanent supportive housing grant programs funded by the U.S. Department of Housing and Urban Development. The programs served over 250 households during the year, providing affordable rental housing with supportive services to formerly homeless individuals and families. In addition to being homeless, each household has at least one family member who has a qualifying disability; such as mental health, physical disabilities, HIV/AIDs and/or addiction. These programs seek to provide individuals and their families with the opportunity to live independently, while receiving needed support services. (Continued on Schedule O)Providence was awarded a multi-year grant by Monroe County funded by the American Rescue Plan Act. The grant will be used to assist victims of domestic violence locate new housing and corresponding support services. In 2024, over 100 households received assistance. 722950 1215657 The Property Management Department provides full property management services to 1,238 units of affordable housing in 30 properties. The organization's service area encompasses the 12-county region contained within the Diocese of Rochester. The department manages low-income housing for families, seniors and special needs populations. The properties are managed under various affordable housing programs including Low Income Housing Tax Credit, HOME and AHP. Our professional expertise encompasses such areas as physical asset management and maintenance, marketing and leasing, financial reporting and controls, and administration. 844732 2322361 Providence's property development department provides real estate development services to create and preserve affordable housing for low and moderate-income families, seniors, and special needs populations. Providence develops affordable housing it owns and manages directly and works collaboratively with social service agencies to create permanent supportive housing. Providence also provides real estate development consulting services. Providence is experienced in a wide array of federal, state, and municipal capital funding programs, including LIHTC, HTF/HOME, FHLB, RD and HUD programs. 224793 309163 All other programs. 224793 309163 5299694 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 125 0 1 102 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X The Agency 5855299555 1150 Buffalo Road Rochester NY 14624 Frederick A Herman Treasurer 0.40 X X 0 0 0 Daniel Saperstone Board Member 0.40 X 0 0 0 Lisa M Passero CPA Board Member 0.40 X 0 0 0 Fr Joseph Hart President 0.40 0.30 X X 0 0 0 Ronald W Hughes Board Member 0.40 X 0 0 0 Katherine Karl Esq Board Member 0.40 X 0 0 0 Karen Dehais Board Member 0.40 X 0 0 0 Timothy R Dollinger Board Member 0.40 X 0 0 0 Patricia Neal Board Member 0.40 X 0 0 0 Nancy J Koons Board Member 0.40 X 0 0 0 Steven E Agan Esq Board Member 0.40 X 0 0 0 Dorian Leander Hall Board Member 0.40 X 0 0 0 Mark Greisberger Executive Director 35.00 6.10 X 66082 0 2608 Daniel Sturgis Chief Financial Officer 35.00 6.10 X 155168 0 5955 Helen Bianchi Vice President of Property 35.00 6.10 X 144425 0 15549 365675 0 24112 2 0 1 0 Heveron & Company 260 Plymouth Avenue South Rochester NY 14608 Auditing Services 191740 1 3282747 119774 3402521 Project Development 531310 2319576 2319576 Property Management 531310 1150459 1150459 Supportive Housing 531310 320222 320222 Program Administration 531310 204575 204575 3994832 109402 109402 Forgiveness of Debt 900099 150205 150205 Other Income 900099 24746 24746 174951 7681706 4169783 0 109402 2667448 2667448 389787 159974 229813 1413227 1187575 225652 174242 129874 44368 197485 147872 49613 717818 717818 2591 2591 38795 38795 150353 47115 103238 12551 1450 11101 73057 48939 24118 23825 23825 78760 62358 16402 37067 29923 7144 7713 6165 1548 2247 2247 983 983 Predevelopment Expenses 18408 18408 Bad Debt 14631 14631 73427 72528 899 6094415 5299694 794721 0 816540 1547073 589729 502583 237483 350693 1217233 1291203 326779 39177 465839 287602 7455281 7267381 1626966 3566604 12409071 14813139 360596 318273 2202 2202 1051949 1633411 285373 921561 1700120 2875447 X 10708951 11937692 10708951 11937692 12409071 14813139 1587291 -358550 0 X 0 1 X 1 1 1 X 2897368 7767771 4871936 3084387 3402521 22023983 1863397 1390395 1703196 1965569 3994832 10917389 4760765 9158166 6575132 5049956 7397353 32941372 0 97573 106341 153141 2154592 2511647 97573 106341 153141 2154592 2511647 30429725 95270 102160 103958 106610 109402 517400 95270 102160 103958 106610 109402 517400 286988 223995 232841 185100 174951 1103875 5143023 9484321 6911931 5341666 7681706 34562647 0.88040 0.92950 0.01500 0.01630 X Schedule A, Part III, Line 12, Explanation of Other Income: Other Income From Related Activities Forgiveness of Debt - Housing Related RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 68012 39177 28835 258767 258767 287602 Investment in Subsidiaries 2818707 C Loan Receivable from L.P.s/LLCs 4207049 C Loan Receivable - Affiliate 241625 C 7267381 Development Fees Receivable, Net 2500263 Interest Receivable, Net 1066341 3566604 Developer Fee Payable 776990 Refundable Advance 144571 921561 Part IV, Line 2b: The escrow represents deposits held for the Organization's tenants. 1 Rental assistance to low income individuals 250 2667448 Part I, Line 2: Grant fund use is monitored according to program requirements. Grant funds are released by electronic funds transfers per program procedures. Continued occupancy is monitored annually by PHDC staff. Regular monitoring is conducted by NYS OASAS and HUD. X X 0 0 0 0 0 0 0 0 0 Daniel Sturgis Chief Financial Officer 155168 0 0 0 0 0 5955 0 0 0 161123 0 0 0 Helen Bianchi Vice President of Property 144425 0 0 0 0 0 5602 0 9947 0 159974 0 0 0 Form 990, Part VI, Section A, line 6 The following serve as ex officio Members of the Corporation: The Diocesan Bishop or, in the absence of the Diocesan Bishop, the Administrator of the Roman Catholic Diocese of Rochester; the Vicar General as designated by the Diocesan Bishop; the Chancellor; the Diocesan Director of Catholic Charities; and the President of the Corporation's Board of Directors. Form 990, Part VI, Section A, line 7a The members of the Organization approve, for election to the Corporation's Board of Directors by the Board of Directors, names of nominees, received from the Nominating Committee. Form 990, Part VI, Section A, line 7b Notwithstanding any other powers conferred upon the Members pursuant to the By-laws, the following powers are specifically reserved to the Members of the Corporation: 1)amending the By-laws; 2)approving for election to the Corporation's Board of Directors by the Board of Directors names of nominees, received from the Nominating Committee; 3)amending the Corporation's Certificate of Incorporation; 4)approving any change in the philosophy, direction and values of the Corporation as an agency operating under the auspices of the Roman Catholic Diocese of Rochester; 5)approving the purchase, sale, lease or mortgage of real property of the Corporation in excess of $15,000,000; 6)approving the sale of all, or substantially all, of the assets of the Corporation; 7)approving the merger or consolidation of the Corporation with another not for profit corporation; and 8)approving the dissolution of the Corporation. In addition to the foregoing, the Diocesan Bishop shall have the authority, in the event he determines that the Corporation has entered a course of action inconsistent with or detrimental to the doctrine, aims or purposes of the Roman Catholic Church in the Diocese of Rochester, to exercise control over the affairs of the Corporation. Form 990, Part VI, Section B, line 11b The draft report was sent electronically to all board members. Responses were received and evaluated if there were questions prior to filing the report. Form 990, Part VI, Section B, line 12c Employee compliance is reviewed annually with all employees at a general meeting. Each employee signs a form to reaffirm his/her understanding of the policy. Board members are asked to acknowledge their compliance annually with forms returned to the Secretary of the Board rather than management. Form 990, Part VI, Section B, line 15 The process is conducted by the Board. A survey of comparable positions in the community is conducted by the Human Resources Department of Catholic Charities. A recommendation with salary ranges is presented to the Board. A Board Committee conducts an annual evaluation of the Executive Director's performance. Salary recommendations are forwarded to the whole board based on the evaluation and consistent with the compensation survey conducted by Human Resources. The Board takes formal action by resolution with documentation in the Board minutes. Form 990, Part VI, Section C, line 19 All documents will be made available for public inspection based on the requirements of applicable law. Form 990, Part IV, Line 28c: Providence Housing Development Corporation has done business with an entity of which a current officer is a key employee, but the entity is not listed on Schedule L based on the Schedule L instructions. According to Schedule L instructions, the definition of an entity excludes tax-exempt organizations under section 501(c). Providence Eastgate Development Company Inc C/O the Organization Rochester NY 14624 161033787 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Medina Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 753237905 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence St Salome Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 113823038 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Union Meadows II Housing Development Fund Co Inc C/O the Organization Rochester NY 14624 264506602 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Durand Housing Development Fund Company C/O the Organization Rochester NY 14624 821900405 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence WNY Housing Development Fund Company C/O the Organization Rochester NY 14624 822179070 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Holy Rosary Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 454146116 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Lansing Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 831112644 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Biltmore Crossing Housing Development Fund Company C/O the Organization Rochester NY 14624 464936683 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence LaFrance Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 842685707 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence St Leo Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 933254984 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Dana Lyon Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 932118942 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Corporation 0 Providence Brookside Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 921977502 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Fund Corporation 0 Providence Framark Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 921990620 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Fund Corporation 0 Providence Hillside Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 921977900 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Fund Corporation 0 Providence Vienna Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 921979171 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Fund Corporation 0 Providence Village Housing Development Fund Company Inc C/O the Organization Rochester NY 14624 921990409 Housing Development NY 501(c)(3) Line 12a, I Providence Housing Development Fund Corporation 0 Castle Street Associates LP C/O the Organization Rochester NY 14624 161573469 Affordable Housing NY Providence - Castle Housing Inc Related -128824 -311936 0 0 0.99990 East House State Street Apartments LP C/O the Organization Rochester NY 14624 273532369 Affordable Housing NY N/A Related 0 0 Eastgate Apartments LP C/O the Organization Rochester NY 14624 161612891 Affordable Housing NY Providence Eastgate Inc Related 9871 2195463 0 0 0.99990 Holy Rosary Apartments LP C/O the Organization Rochester NY 14624 454845897 Affordable Housing NY N/A Related 0 0 Medina Apartments Partnership LP C/O the Organization Rochester NY 14624 721586251 Affordable Housing NY N/A Related 0 0 Shortsville Apartments Partnership LP C/O the Organization Rochester NY 14624 201453574 Affordable Housing NY Providence Shortsville Housing Inc Related -65240 756701 0 0 0.99990 St Salome Housing LP C/O the Organization Rochester NY 14624 651320518 Affordable Housing NY Providence St Salome Housing Inc Related -216901 4076861 0 0 0.99990 Union Meadows Associates II LP C/O the Organization Rochester NY 14624 261767093 Affordable Housing NY N/A Related 0 0 Village Square Senior LLC C/O the Organization Rochester NY 14624 452402460 Affordable Housing NY N/A Related 0 0 Churchville Housing Group LP C/O the Organization Rochester NY 14624 571196062 Affordable Housing NY Providence Housing Development Corporation Related -144806 1817015 0 0 0.99000 Mount Morris Elderly Housing Partnership LP C/O the Organization Rochester NY 14624 161551942 Affordable Housing NY TRA Mt Morris Inc Related -37385 401623 0 0 0.99990 Village Green Associates LP C/O the Organization Rochester NY 14624 161232968 Affordable Housing NY N/A Related 0 0 Trumansburg Apartments Partnership LP C/O the Organization Rochester NY 14624 743054963 Affordable Housing NY TRA Trumansburg Inc Related 2654 662897 0 0 0.99990 Durand Senior Apartments LP C/O the Organization Rochester NY 14624 821972456 Affordable Housing NY N/A Related 0 0 LaFrance Apartments LP C/O the Organization Rochester NY 14624 842593280 Affordable Housing NY N/A Related 0 0 St Leo Apartments LP C/O the Organization Rochester NY 14624 933182995 Affordable Housing NY N/A Related 0 0 Dana Lyons Apartments LP C/O the Organization Rochester NY 14624 931811362 Affordable Housing NY N/A Related 0 0 Providence Culver Housing LLC C/O the Organization Rochester NY 14624 882005372 Affordable Housing NY Providence Housing Development Corporation Related 0 1 1.00000 Providence Biltmore Crossings Properties Inc C/O the Organization Rochester NY 14624 464643857 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 1.00000 1 Providence Castle Street Housing Inc C/O the Organization Rochester NY 14624 161573154 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 268800 1.00000 1 Providence Eastgate Inc C/O the Organization Rochester NY 14624 651293728 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 2 1.00000 1 Providence Holy Rosary Housing Inc C/O the Organization Rochester NY 14624 454845390 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 1.00000 1 Providence Kennedy Housing Inc C/O the Organization Rochester NY 14624 202596305 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 0.51000 1 Providence Medina Housing Inc C/O the Organization Rochester NY 14624 204711462 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 0.51000 1 Providence Shortsville Housing Inc C/O the Organization Rochester NY 14624 522450849 General Partner in L.P. Transactions NY Providence Housing Development Corporation C -1 1.00000 1 Providence St Salome Housing Inc C/O the Organization Rochester NY 14624 651318854 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 450000 1.00000 1 Providence State Street Housing Inc C/O the Organization Rochester NY 14624 273532518 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 1.00000 1 Providence Union Meadows II Housing Inc C/O the Organization Rochester NY 14624 261766934 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 1.00000 1 Providence Village Square Housing Inc C/O the Organization Rochester NY 14624 453609533 General Partner in L.P. Transactions NY Providence Housing Development Corporation C 26 1.00000 1 TRA Mt Morris Inc C/O the Organization Rochester NY 14624 161585054 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 2000 1.00000 1 TRA Horseheads Inc C/O the Organization Rochester NY 14624 202089305 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 6035 2000 1.00000 1 Providence Durand Senior Apartments Inc C/O the Organization Rochester NY 14624 821911185 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 499824 1.00000 1 Providence WNY Housing Corporation C/O the Organization Rochester NY 14624 832891696 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 1.00000 1 Providence Lansing Inc C/O the Organization Rochester NY 14624 831058605 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 1.00000 1 Providence LaFrance Apartments Inc C/O the Organization Rochester NY 14624 842581284 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 40021 1.00000 1 TRA Trumansburg Inc C/O the Organization Rochester NY 14624 300258600 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 2 2000 1.00000 1 Providence St Leo Apartments Inc C/O the Organization Rochester NY 14624 933208552 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 1.00000 1 Providence Dana Lyon Apartments Inc C/O the Organization Rochester NY 14624 931654860 General Partner in L.P. Transaction NY Providence Housing Development Corporation C 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 Schedule R, Part II The filing organization is a subordinate included in a group ruling with the United States Conference of Catholic Bishops (GEN0928) and listed as such in the Official Catholic Directory. Related organizations included in that group ruling are not listed in Schedule R per IRS instructions.