2025-10-22T16:52:16-07:00 2024-12-31 261726741 WatsonRice LLP 31 West 34th Street 7006 New York NY 10001 990 2024-01-01 113401318 Community House Housing Development Fund Company Inc COMM 7187687100 357 Ninth Street Brooklyn NY 11215 Michael Guarino Exec. VP/CFO 2025-10-23 true true Baruti Bediako CPA P00740658 2124477300 2024 2025-03-06 01:10:19Z Dordy Jourdain 357 Ninth Street Brooklyn NY 11215 1773920 false X N/A X 1996 NY Provide vital Housing and supportive services to homeless and mentally ill Residents of New York City. 3 3 0 3 0 266151 288205 1410939 1464601 5581 17126 5522 3988 1688193 1773920 0 0 0 0 0 2261334 2182101 2261334 2182101 -573141 -408181 3391132 3188909 11198546 11404504 -7807414 -8215595 To provide affordable housing for individuals in need of supportive services, Community House HDFC provides vital housing and social service programs for homeless and mentally ill New York City residents. false false 1816474 1464601 To provide affordable housing for individuals in need of supportive services, Community House HDFC has 138 units and provides vital housing and social service programs for homeless and mentally ill New York City residents. 1816474 true true false false false false false false true false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 19 0 true 0 false false false false false false false 0 false false false false false false false X 3 3 false true false false false false false true true false false true true true true true true false false false NY X Michael Guarino 2126309600 5 W 63rd Street 6th Flr New York NY 10023 X Howard Caretto Chair/B. Member 1.00 0.00 X X 0 0 0 Gina Hughes Secy./B. Member 1.00 0.00 X X 0 0 0 Victoria H Guisinger -102024 B. Member 1.00 0.00 X 0 0 0 Michael Guarino Exec. VP/CFO 1.00 0.00 X 0 0 0 Dordy Jourdain Executive Dir. 1.00 0.00 X 0 0 0 0 false false false YMCA OF GREATER NEW YORK 5 WEST 63RD ST 6TH FL NEW YORK NY 10023 Management Srv/Oper Cost 1259288 1 288205 288205 RENT INCOME 532000 1464601 1464601 1464601 17126 17126 0 0 0 0 0 0 0 OTHER INCOME 900099 3988 3988 3988 1773920 1468589 17126 X 0 0 0 0 0 0 0 0 0 0 114843 114843 0 0 0 0 0 1141965 1071118 70847 0 30956 24470 6486 2695 2695 0 263710 172135 91575 0 0 0 0 0 363364 363364 52892 52892 MEMBERSHIP FEES 131967 131967 Bad Debt 78943 78943 Other Expenses 766 528 238 0 2182101 1816474 365627 0 40165 33278 313212 294825 20687 22314 9297 91051 0 0 0 0 532 532 9815993 7545857 2388501 2270136 0 0 0 0 618738 476773 3391132 3188909 2055853 2127238 998 17595 23762 22368 8963350 8963350 154583 273953 11198546 11404504 X -7811560 -8219741 4146 4146 -7807414 -8215595 3391132 3188909 -408181 X false true X true false X 263944 298687 260998 266151 288205 1377985 0 0 263944 298687 260998 266151 288205 1377985 0 1377985 198 43 844 5581 17126 23792 0 0 1401777 6959325 0.98300 0.99480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 232050 232050 1547000 1299203 247797 7739575 6008536 1731039 297368 238118 59250 2270136 Money held in trust for tenants 22368 Operating and Replacement Reserves 407158 Tenant Security Deposits 47247 476773 Due to YMCA of Greater New York 96820 Refundable Advance 129886 Tenant Security Deposits 47247 273953 X 1773920 1773920 1773920 2182101 2182101 2182101 Part IV, Line 2b: Explanation of escrow account liability The organization has entered into a money management agreement with certain tenants where the latter's income, such as social security benefits and accumulated savings, will be deposited into a bank account maintained for such purpose. Under the terms of the money management agreement, the tenants' monthly rent payments and other non-recurring expenses will be disbursed from the account. Part X : FIN48 Footnote The Corporation has evaluated the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the United States of America, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, the Corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at December 31, 2024 and 2023. Form 990, Part VI, Section A, Line 3 YMCA of Greater New York is responsible for repairs and maintenance of the condominium units, including making arrangements to purchase utilities, materials, supplies and services deemed necessary. Form 990, Part VI, Section B, Line 11b The completed Form 990 is presented to the governing body for review. The review and approvals are done by the Board of Directors. The review aims at ensuring accuracy, completeness and consistency of information reported on the Form 990 and the agency's audited financial statements. Form 990, Part VI, Section B, Line 12c Each member of the governing body is required to submit a completed and signed conflict of interest information form. Governing body members cannot be related. Contractors providing goods or services to Community House HDFC cannot be referred by members of the governing body, or family members of the governing body. Any findings of conflict of interest are reviewed by the governing body without the inclusion of the person deemed to be engaged in a conflict of interest situation. Form 990, Part VI, Section C, Line 19 In order to ensure that governing documents, conflicts of interest policies and financial statements are made available to the public, notices are posted in the main entrance of the building and other common areas. Board meeting dates are also posted and members of the public are invited to attend. FORM 990 Part XII Line 1C- COMMITTEE FOR THE OVERSIGHT OF THE AUDIT The Board has responsibility for the oversight of the audit of its financial statements and selection of an independent accountant.