2025-02-20T10:55:32-06:00 2023-06-30 061667465 PRAGER METIS CPAS LLC 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 10573 990 2022-07-01 133352053 THE PRESERVATION COMPANY INC PRES 8444001975 1037 MAIN STREET PEEKSKILL NY 10566 ALAN STEINER CHAIRPERSON 8444001975 2025-02-17 1 0 JOSEPH J ROSOFF P01046708 9146944600 2025-02-17 2022 2025-03-06 01:10:19Z X ALAN STEINER 1037 MAIN STREET PEEKSKILL NY 10566 412554 0 X WWW.SUNRIVER.ORG-HOUSING-RESOURCES X 1987 NY TO PROVIDE STABLE, HEALTHY AND AFFORDABLE LIVING ENVIRONMENTS IN THE PEEKSKILL AND MID-HUDSON REGION BY INCREASING AND IMPROVING THE SUPPLY OF HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS AND CONTRIBUTING TO COMMUNITY DEVELOPMENT AND REVITALIZATION EFFORTS. 7 7 0 0 0 0 214660 266961 144108 0 34 838 9913 -8772 368715 259027 0 0 0 0 0 0 0 0 2392 304506 275432 304506 275432 64209 -16405 2197918 3132380 781039 782175 1416879 2350205 X THE PRIMARY PURPOSE FOR WHICH THE PRESERVATION COMPANY IS FORMED IS TO PROMOTE THE SOCIAL WELFARE, COMMON GOOD AND THE GENERAL WELFARE OF THE COMMUNITY BY PROVIDING AND IMPROVING HOUSING FOR LOW, MODERATE AND MIDDLE INCOME HOUSEHOLDS AND ENGAGING IN COMMERCIAL REVITALIZATION AND NEIGHBORHOOD PRESERVATION ACTIVITIES. 0 0 179349 -17819 THE ORGANIZATION PROVIDES STABLE, HEALTHFUL AND AFFORDABLE LIVING ENVIRONMENTS FOR LOW & MODERATE INCOME HOUSEHOLDS IN THE PEEKSKILL AND MID-HUDSON REGION. 179349 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 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X SUN RIVER HEALTH INC 8444001975 1037 MAIN STREET PEEKSKILL NY 10566 X ALAN STEINER CHAIRPERSON 1.00 X X 0 0 0 NORMAN HAIGHT VICE-CHAIRPERSON 1.00 X X 0 0 0 MARY RAINEY TREASURER 1.00 X X 0 0 0 ROSE MARY POOLE SECRETARY 1.00 X X 0 0 0 ANNE NOLAN BOARD MEMBER 1.00 X 0 0 0 CALIDA LAMSON BOARD MEMBER 1.00 X 0 0 0 JESUS MANUEL RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 5545 89828 171588 266961 838 838 135708 153527 -17819 -17819 -17819 7761 5545 0 7761 7761 MISCELLANEOUS REVENUE 900099 948 948 GAIN FROM PARTNERSHIP 900099 338 338 1286 259027 -17819 0 9885 X 193463 134744 56370 2349 26519 26519 41412 41412 1814 1814 5500 5500 4258 3193 1022 43 MEMBERSHIP DUES 1852 1852 BANK & OTHER FEES 614 614 275432 179349 93691 2392 543344 434420 12500 97501 21550 23747 1321591 1322031 1328 14379 1234464 993353 248568 241111 952489 49037 46702 2197918 3132380 164677 164468 602983 605843 13379 11864 781039 782175 X 1416879 2350205 1416879 2350205 2197918 3132380 -16405 949731 0 X X 0 1 X 1 0 X 158974 187033 174699 214660 266961 1002327 158974 187033 174699 214660 266961 1002327 141659 860668 121 96 55 34 1176 1482 7075 6436 7859 4972 26342 -9110 -9110 1021041 0.84290 0.84970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PROGRAM SERVICE REVENUE - RENTAL ACTIVITY - 2022 AMOUNT: $ -17,819. NET INCOME FROM FUNDRAISING EVENTS - 2022 AMOUNT: $ 7,761. MISCELLANEOUS REVENUE - 2022 AMOUNT: $ 948. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122524 122524 1060488 957969 102519 51452 35384 16068 241111 INVESTMENT IN 150 HOUSING LLC 952489 C 952489 SECURITY DEPOSITS PAYABLE 11864 11864 X 430794 171767 171767 259027 0 259027 462701 187269 187269 275432 0 275432 PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE CORPORATION'S FEDERAL TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM WHEN THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COMMUNITY CAPITAL RESOURSES HOUSING DEVELOPMENT FUND CORPORATION 18,289. DRUM HILL HOUSING CORPORATION -16. UNDERHILL HOUSING CORP -25. 322 KEAR HOUSING DEVELOPMENT FUND COMPANY -8. RENTAL EXPENSES NETTED AGAINST INCOME ON 990 153,527. PART XII, LINE 2D - OTHER ADJUSTMENTS: COMMUNITY CAPITAL RESOURSES HOUSING DEVELOPMENT FUND CORPORATION 33,742. RENTAL EXPENSES NETTED AGAINST INCOME ON 990 153,527. FORM 990, PAGE 1 EXPLANATION OF AMENDED RETURN THE 990 WAS AMENDED PRIMARILY TO ADD ADDITIONAL DISCLOSURE TO SCHEDULE R AND TO RECONCILE THE 990 TO AUDITED FINANCIAL STATEMENTS THAT WERE NOT AVAILABLE WHEN THE RETURN WAS ORIGINALLY FILED. THIS INCLUDED AN INVESTMENT A PARTNERSHIP, 150 HOUSING LLC NOT ORIGINALLY REPORTED ON THE BALANCE SHEET AND INCOME STATEMENT. FORM 990, PART VI, SECTION A, LINE 3 THE PRESERVATION COMPANY DELEGATED MANAGEMENT RESPONSIBILITIES TO SUN RIVER HEALTH, INC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. AFTER MANAGEMENT HAS REVIEWED FORM 990, IT IS SUBMITTED TO THE BOARD FOR REVIEW AND RECOMMENDATIONS ARE ADOPTED PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MANDATES THAT BOARD MEMBERS ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S 990 IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR.ORG. AND CHARITIESNYS.COM. IN ADDITION, FORM 990, FINANCIAL STATEMENTS AND OTHER POLICIES OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TECH CONSULTANT: PROGRAM SERVICE EXPENSES 31,412. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,412. CONSULTING: PROGRAM SERVICE EXPENSES 10,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,000. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT. BRICKMANN PROPERTY COMPANY LLC 1037 MAIN STREET PEEKSKILL NY 10566 RESIDENTIAL RENTAL NY THE PRESERVATION COMPANY INC COMMUNITY CAPITAL RESOURCES HOUSING DEVELOPMENT FUND CORPORATION 1037 MAIN STREET PEEKSKILL NY 10566 272843925 HOUSING NY 501(C)(3) LINE 7 N/A 1 DRUM HILL HOUSING DEVELOPMENT FUND COMPANY INC 1037 MAIN STREET PEEKSKILL NY 10566 262838250 HOUSING NY 501(C)(3) LINE 7 N/A 1 DRUM HILL HOUSING CORPORATION 1037 MAIN STREET PEEKSKILL NY 10566 262838153 HOUSING NY C 1.00000 0 UNDERHILL HOUSING CORP 1037 MAIN STREET PEEKSKILL NY 10566 454034621 HOUSING NY C 1.00000 0 322 KEAR HOUSING DEVELOPMENT FUND COMPANY INC 1037 MAIN STREET PEEKSKILL NY 10566 814720868 HOUSING NY C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0