2025-11-15T01:21:59-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2024-07-01 134152553 141 NICHOLAS HOUSING DEVELOPMENT FUND CORP 141N 2126200340 200 VARICK STREET NEW YORK NY 10014 PAUL WOODY VICE PRESIDENT OF REAL ESTATE 2126200340 2025-11-13 1 1 LORI ROTHE YOKOBOSKY P01273422 9732283500 2025-11-08 2024 2025-03-06 01:10:19Z PAUL WOODY 200 VARICK STREET NEW YORK NY 10014 1258535 0 X N/A X 2000 NY TO PROVIDE AFFORDABLE HOUSING IN NEW YORK. 3 0 0 0 0 0 0 0 0 1177001 0 62882 0 18652 0 1258535 0 0 0 0 0 0 0 0 0 0 1695550 0 1695550 0 -437015 0 8343442 0 10065044 0 -1721602 TO PROVIDE AFFORDABLE HOUSING IN NEW YORK. 0 0 1601390 1195653 TO OWN, REHABILITATE, MANAGE, LEASE, MAINTAIN, DEVELOP AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW-INCOME LOCATED IN NEW YORK, NEW YORK. THE HOUSING PROJECT CONSISTS OF NINETY-FOUR SINGLE-ROOM UNITS, OPERATING UNDER THE NAME 141 NICHOLAS HOUSE (THE "PROJECT"). 1601390 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 NY X PAUL WOODY 2126200340 200 VARICK STREET NEW YORK NY 10014 ERIC ROSENBAUM PRESIDENT / CEO 1.00 40.00 X X 0 367634 38303 PAUL WOODY CHIEF REAL ESTATE OFFICER 1.00 37.00 X X 0 215660 48040 STEVEN JONES CHIEF FINL / ADMIN OFFICER 1.00 42.00 X X 0 264695 20113 0 847989 106456 0 0 1 0 0 RENTAL INCOME 900099 1177001 1177001 1177001 62882 62882 18652 18652 18652 1258535 1195653 0 62882 604666 510506 94160 62958 62958 18025 18025 2451 2451 1386 1386 263192 263192 39267 39267 290594 290594 185507 185507 REPAIRS AND MAINTENANCE 156999 156999 BAD DEBTS 45746 45746 24759 24759 1695550 1601390 94160 0 0 787437 0 53084 12449834 6223169 0 6226665 0 1276256 0 8343442 0 975957 0 5884 0 21627 0 8350016 0 711560 0 10065044 X 0 -1721602 0 -1721602 0 8343442 X -437015 -1284587 X 0 1 X 1 0 X 1177001 1177001 1177001 1177001 0 0 0 1177001 62882 62882 62882 62882 18652 18652 1258535 1258535 0.93520 0.05000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2024 AMOUNT: $ 18,652. 0 1 X 250000 250000 11436357 5936554 5499803 385990 286615 99375 377487 377487 6226665 SECURITY DEPOSITS 32362 REPLACEMENT RESERVE 330268 OPERATING DEFICIT AND FUNDED RESERVES 913626 1276256 DUE TO AFFILIATES 711560 711560 X 1258535 0 1258535 0 1258535 1695550 0 1695550 0 1695550 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS SECURITY DEPOSITS AS RQUIRED BY STATE LAW. PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (THE "IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2019. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN. 0 0 0 0 0 0 0 0 0 ERIC ROSENBAUM PRESIDENT / CEO 0 365348 0 0 0 2286 0 8034 0 30269 0 405937 0 0 STEVEN JONES CHIEF FINL / ADMIN OFFICER 0 263377 0 0 0 1318 0 6200 0 13913 0 284808 0 0 PAUL WOODY CHIEF REAL ESTATE OFFICER 0 215480 0 0 0 180 0 5417 0 42623 0 263700 0 0 PART I, LINE 3 OFFICER COMPENSATION IS DETERMINED BY THE PARENT ORGANIZATION PROJECT RENEWAL INC. FORM 990, PART VI, SECTION A, LINE 8B ORGANIZATION DOES NOT HAVE COMMITIEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE DESIGNATED BOARD MEMBERS, ANY NECESSARY CHANGES WILL THEN BE UPDATED ON FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH DESIGNATED BOARD MEMBERS ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE PRESIDENT, DATED AND SUBMITIED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEE MEMBERS AND KEY PERSONS WILL RECEIVE A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO COMPLETE, SIGN AND SUBMIT A CONFLICTOFINTEREST DISCLOSURE. WHEN A CONFLICT EXISTS PROMPT DISCLOSURE OF THE CIRCUMSTANCES SHALL BE DISCLOSED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. INVESTIGATIONS AND THE RESOLUTION OF CIRCUMSTANCES DETERMINED TO BE A CONFLICTOFINTEREST MUST BE DOCUMENTED IN THE RECORDS OF THE AUDIT COMMITTEE AND BOARD OF TRUSTEES. ALL PARTIES INVOLVED WITH A POTENTIAL CONFLICT OF INTEREST ARE EXCUSED FROM ALL COMMITTEE AND BOARD DISCUSSION AND RESOLUTION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER FROM LP -1,284,587. 161 LEXINGTON HDFC 200 VARICK STREET NEW YORK NY 10014 863470625 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(4) PROJECT RENEWAL INC 0 2880 JEROME AVE HDFC 200 VARICK STREET NEW YORK NY 10014 474965037 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(4) PROJECT RENEWAL INC 0 BRONX BOULEVARD HDFC 200 VARICK STREET NEW YORK NY 10014 454059419 PROVIDING HOUSING FOR MEN WITH MENTAL ILLNESS NY 501(C)(4) PROJECT RENEWAL INC 0 GREENPOINT HOSPITAL SHELTER HDFC 200 VARICK STREET NEW YORK NY 10014 863941325 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(4) PROJECT RENEWAL INC 0 HOLLAND HOTEL HDFC 200 VARICK STREET NEW YORK NY 10014 133712838 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(3) LINE 7 PROJECT RENEWAL FUND INC 0 MANHATTAN BOWERY MANAGEMENT CORPORATION 200 VARICK STREET NEW YORK NY 10014 133033875 PROVIDE JOB TRAINING AND REHABILITATION FOR FORMER ALCOHOLICS NY 501(C)(3) LINE 12B, II PROJECT RENEWAL FUND INC 0 NEW PROVIDENCE SHELTER HDFC 200 VARICK STREET NEW YORK NY 10014 863968625 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(4) PROJECT RENEWAL INC 0 NEW PROVIDENCE SUPPORTIVE HDFC 200 VARICK STREET NEW YORK NY 10014 864000285 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(4) PROJECT RENEWAL INC 0 NORTH STAR HOUSING INC 200 VARICK STREET NEW YORK NY 10014 133750682 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(3) LINE 10 PROJECT RENEWAL FUND INC 0 PRI HEALTHCARE INC 200 VARICK STREET NEW YORK NY 10014 134143621 PROVIDING A TREATMENT CENTER NY 501(C)(3) LINE 7 PROJECT RENEWAL FUND INC 0 PROJECT RENEWAL FUND INC 200 VARICK STREET NEW YORK NY 10014 134163968 PROVIDING SERVICES TO HOMELESS AND FORMERLY HOMELESS NY 501(C)(3) LINE 7 N/A 0 PROJECT RENEWAL INC 200 VARICK STREET NEW YORK NY 10014 132602882 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(3) LINE 7 N/A 0 W 59TH SHELTER HDFC 200 VARICK STREET NEW YORK NY 10014 872086298 PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS NY 501(C)(4) PROJECT RENEWAL INC 0 10 MINERVA PLACE LP 200 VARICK STREET NEW YORK NY 10014 821405172 OPERATING THE MINERVA PLACE PROJECT FOR LOW INCOME TENANTS NY N/A 0 1 2880 JEROME AVE LP 200 VARICK STREET NEW YORK NY 10014 842376716 OPERATING THE 2880 JEROME PROJECT FOR LOW INCOME TENANTS NY N/A 0 1 MRG PARTNERS LP 200 VARICK STREET NEW YORK NY 10014 133746377 OPERATING THE STARTING HOME PROJECT FOR LOW INCOME TENANTS NY N/A 0 0 PRI VILLA AVENUE LP 200 VARICK STREET NEW YORK NY 10014 461459735 OPERATING THE VILLA AVENUE PROJECT FOR LOW INCOME TENANTS NY N/A 0 1 WASHINGTON FLETCHER OMH LP 200 VARICK STREET NEW YORK NY 10014 260479771 OPERATING THE WASHINGTON AVENUE PROJECT FOR LOW INCOME TENANTS NY N/A 0 1 10 MINERVA PLACE GP 200 VARICK STREET NEW YORK NY 10014 821414947 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 10 MINERVA PLACE HDFC 200 VARICK STREET NEW YORK NY 10014 474965385 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 2880 JEROME AVE GP INC 200 VARICK STREET NEW YORK NY 10014 842368875 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 PRI VILLA AVENUE GP INC 200 VARICK STREET NEW YORK NY 10014 461573471 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 PRI VILLA AVENUE HDFC 200 VARICK STREET NEW YORK NY 10014 462913190 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 PROJECT RENEWAL HDFC 200 VARICK STREET NEW YORK NY 10014 263550553 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 PROJECT RENEWAL VILLA AVENUE GP 200 VARICK STREET NEW YORK NY 10014 999999999 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 ST NICHOLAS HOUSE GP CORP 200 VARICK STREET NEW YORK NY 10014 010709129 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 STARTING HOMES INC 200 VARICK STREET NEW YORK NY 10014 133746376 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 VILLA RENEWAL INC 200 VARICK STREET NEW YORK NY 10014 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 WASHINGTON FLETCHER OMH CORPORATION 200 VARICK STREET NEW YORK NY 10014 260479205 OPERATING A LOW INCOME HOUSING PROJECT NY N/A C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0