2025-11-10T09:41:56-05:00 2024-12-31 133747593 VARGAS & RIVERA CPA'S LLP 586 ROUTE 304 NEW CITY NY 10956 990 2024-01-01 113755386 VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION VICT 2122814887 256 WEST 153RD STREET NEW YORK NY 10039 MALCOLM A PUNTER PRESIDENT/CEO 2122814887 2025-10-27 true false LUIS C RIVERA P00645103 8456383113 2025-10-27 2024 2025-03-06 01:10:19Z MALCOLM A PUNTER 2365632 false X WWW.HCCI.ORG X 1994 NY PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD. 13 13 3 0 1957469 1898423 374056 35131 34107 0 1933554 2365632 0 0 330521 368749 0 0 1825907 1826984 2156428 2195733 -222874 169899 3537566 3151404 12072488 11516427 -8534922 -8365023 PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD. false false 1792097 THE PROJECT PROVIDES HOUSING FOR LOW-INCOME ELDERLY IN A 110 UNIT APARTMENT BUILDING LOCATED IN NEW YORK. 1792097 true true false false false false false false false false true false false true true false 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 8 0 true 3 true false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true true false NY X PRESTIGE MANAGEMENT 7188227377 1776 EASTCHESTER ROAD STE 210 BRONX NY 10461 X REV DR GAIL F BADGER MEMBER 1.00 X 0 0 0 DEACON RODNEY A BECKFORD MEMBER 1.00 X 0 0 0 REV EVA G DUZANT TREASURER 1.00 X 0 0 0 REV DR KIMBERLY HOLMES ESQ MEMBER 1.00 X 0 0 0 GEORGE H WELDON JR 2ND VICE CHA 1.00 X X 0 0 0 REV GREGORY A MERRIWEATHER JR MEMBER 1.00 X 0 0 0 REV WENDY J KELLY-CARTER MEMBER 1.00 X 0 0 0 DEBRA WASHINGTON MBA ASSISTANT TR 1.00 X 0 0 0 VIRGINIA M MONTAGUE MEMBER 1.00 X 0 0 0 REV NIGEL PEARCE 1ST VICE CHA 1.00 X 0 0 0 MALCOLM A PUNTER PRESIDENT/CE 1.00 X X 0 0 0 IMAM TALIB ABDUR RASHID CORPORATE SE 1.00 X 0 0 0 REV KEITH WILLIAM ROBERSON CHAIRPERSON 1.00 X X 0 0 0 REV DR LOREN J RUSSELL MEMBER 1.00 X 0 0 0 REV JOHN L SCOTT ASSIST. SECR 1.00 X 0 0 0 REV SHEPHERD LEE SR 3RD VICE CHA 1.00 X 0 0 0 false false false 1935469 22000 1957469 RENTAL INCOME 373160 373160 OTHER TENANT FEES 896 896 374056 34107 34107 2365632 374056 34107 261893 170029 91864 86034 55856 30178 20822 13794 7028 189338 4690 184648 6693 6693 41938 41938 47980 47980 677019 677019 419825 419825 SECURITY CONTRACT 228000 228000 REPAIRS & MAINTENANCE 125683 125683 SOCIAL SVCS COORDINATOR 55000 55000 SUPPLIES & MATERIALS 35483 35483 25 25 2195733 1792097 403636 0 106142 275339 597686 152962 35395 41854 11679442 10259545 1823941 1419897 974402 1261352 3537566 3151404 1126131 578425 38965 27573 10829200 10829200 78192 81229 12072488 11516427 X -8534922 -8365023 -8534922 -8365023 3537566 3151404 169899 X false true X true true true X 37077 1957469 1994546 1301444 1376100 1378924 1898423 374056 6328947 14384 2935 1715 19034 1315828 1416112 1380639 1898423 2331525 8342527 8342527 2492 225 10004 35131 34107 81959 2492 225 10004 35131 34107 81959 1318320 1416337 1390643 1933554 2365632 8424486 0.99030 0.99120 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32814 32814 11511227 10142227 1369000 68951 68951 66450 48367 18083 1419897 RESERVES 823574 PRE-DEVELOPMENT COST 202696 CONSTRUCTION IN PROGRESS 187700 TENANT SECURITY DEPOSITS 34797 UTILITY AND PAYROLL DEPOSIT 12585 1261352 DUE TO SPONSOR 46432 TENANT SECURITY DEPOSITS 34797 81229 2365632 2365632 2365632 2195733 2195733 2195733 FORM 990, PAGE 6, PART VI, LINE 11B VICTORY ONE HDFC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT OT THE BOARD FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PAGE 6, PART VI, LINE 12C MEMBERS ARE REQUIRED TO COMPLETE COMPLIANCE AGREEMENT AND SUBMIT ANNUALLY FORM 990, PAGE 6, PART VI, LINE 15A SURVEY OF COMPARABILITY DATA FORM 990, PAGE 6, PART VI, LINE 15B SURVEY OF COMPARABILITY DATA FORM 990, PAGE 6, PART VI, LINE 19 X