2025-04-15T22:23:25-04:00 2024-05-31 832376525 MA Accounting Professionals LLC 140 Hepburn Rd Unit 18H Clifton NJ 07012 990 2023-06-01 132816926 1712 AND 1715 HOUSING 1712 420 FIFTH AVE STE FL 14 New York NY 10018 PAUL MOORE PRESIDENT 2125630310 2025-04-10 false true Mahmoud Khalifa CPA P02187188 5519998888 2025-04-15 2023 2025-03-06 01:10:19Z X DEVELOPMENT FUND COMPANY INC PAUL MOORE 2062599 false X X 1975 NY TO PROVIDE CLEAN, AFFORDABLE HOUSING TO 83 LOW-INCOME FAMILIES IN THE BRONX, NY. 8 7 0 0 0 0 2062479 0 120 2062599 0 0 0 0 0 1899111 1899111 163488 4622092 5179057 5490017 6041279 -867925 -862222 TO PROVIDE CLEAN, AFFORDABLE HOUSING TO 83 LOW-INCOME FAMILIES IN THE BRONX, NY. false false 1693283 2062479 TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW INCOME RESIDENTS IN THE BRONX, NY. 1693283 true false false false false false false false false false true false false 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 false false true 0 0 0 false false false false false false false false false false false false X 8 7 false true false false false false false true true false false true true true true false true false false false NY X PAUL MOORE 2125630310 420 FIFTH AVE New York NY 10018 PAUL MOORE PRESIDENT 0.00 0.00 X X 0 108000 12507 NESTOR OLIVER V PRESIDENT 0.00 0.00 X 0 116000 0 RANDOLPH PHILLIPS DIRECTOR 0.00 0.00 X 0 0 0 PIERRE TURNER DIRECTOR 0.00 0.00 X 0 0 0 ALEXANDER JAMES DIRECTOR 0.00 0.00 X 0 0 0 TAKIA WALKER DIRECTOR 0.00 0.00 X 0 0 0 BARBARA KAIRSON CHAIR 0.00 0.00 X X 0 0 0 DAMON KINEBREW SECRETARY 0.00 0.00 X X 0 0 0 JEAN MONDESIR TREASURER 0.00 0.00 X X 0 0 0 0 224000 12507 0 false false false HUD SEC 8 SUBSIDIES 531390 1090759 1090759 TENANT RENTS 531390 971720 971720 2062479 TENANT CHARGES 531390 120 120 120 2062599 2062599 0 0 X 276392 213329 63063 27478 27478 45324 45324 29228 29228 262761 262761 262382 262382 REPAIRS AND MAINT 445831 445831 VACANCIES EXPENSES 95354 95354 SECURITY SYSTEM 40735 40735 413626 413626 1899111 1693283 205828 0 242520 76959 44744 354408 4500 223981 7049075 4097413 3093481 2951662 1236847 1572047 4622092 5179057 50193 162724 44270 5151205 5624144 244349 254411 5490017 6041279 X -867925 -862222 -867925 -862222 4622092 5179057 163488 -157785 0 X false false false X 1728031 1849462 1874755 1892098 1955457 9299803 1728031 1849462 1874755 1892098 1955457 9299803 9299803 130646 124575 119221 36407 120 410969 130646 124575 119221 36407 120 410969 1858677 1974037 1993976 1928505 1955577 9710772 0.95770 0.00000 0.04000 0.00000 X 59534 59534 6301181 3947297 2353884 688360 150116 538244 2951662 ESCROW ACCOUNTSHUD REQUIRED RESERV 648086 DEFFERED FINANCING COSTS 644740 RESIDUAL RECEIPT RESERVE FOR REPLACEMENTS 220356 SECURITY DEPOSIT 53189 MISC 5676 1572047 TENANT SECURITY DEPOSITS 52411 DUE TO RELATED PARTY 202000 254411 Management duties delegation Part VI line 3 THE ORGANIZATION HAS DELEGATED THE CUSTOMARY MANAGEMENT DUTIES TO U.H.O. MANAGEMENT CORPORATION, A RELATED TAX-EXEMPT MANAGING AGENT. THE ORGANIZATION COMPENSATED THE CORPORATION $297,406 Form 990 governing body review Part VI line 11 THE ORGANIZATION IS UNDERGOING FINANCIAL STATEMENT AUDIT, HOWEVER, AS OF FILING OF THIS TAX RETURN, THE AUDIT HAS NOT BEEN FINALIZED. IF AFTER FINALIZING SIGNIFICANT DIFFERENCES ARISE, THIS TAX RETURN WILL BE AMENDED. Conflict of interest policy compliance Part VI line 12c THE CONFLICT OF INTEREST DECLARATIONS ARE FILLED OUT ON AN ANNUAL BASIS BY THE OFFICERS AND BOARD MEMBERS. THE DECLARATIONS ARE THEN REVIEWED BY THE BOARD OF DIRECTORS. Governing documents etc available to public Part VI line 19 ALL DOCUMENTS ARE AVAILABLE AT THE MANAGEMENT OFFICE. List of other expenses Part IX line 24e Electricity $28,731Fuel Oil/Coal $161,254Gas $7,458Water $216,183