2025-11-17T17:16:44-06:00 2024-12-31 113266576 GRASSI & CO CPA'S PC 360 MADISON AVENUE 7TH FLOOR NEW YORK NY 10017 990 2024-01-01 133214760 UNITED ODD FELLOW HOUSING DEVELOPMENT FUND COMPANY UNIT 7188636200 1070 HAVEMEYER AVENUE BRONX NY 10462 MICHAEL FELBERG COO/CFO 7188636200 2025-11-17 1 0 JAIME RAPPS P01462990 2126616166 2025-11-17 2024 2025-03-06 01:10:19Z MICHAEL FELBERG 1070 HAVEMEYER AVENUE BRONX NY 10462 1466025 0 X N/A X 1965 NY TO PROVIDE LOW INCOME SENIOR HOUSING. 6 3 0 4 0 0 0 0 1097152 1424326 5803 24504 52929 17195 1155884 1466025 0 0 0 0 358235 381623 0 0 0 1179310 1445654 1537545 1827277 -381661 -361252 12758730 12722635 17357747 17682904 -4599017 -4960269 UNITED ODD FELLOWS HOUSING DEVELOPMENT FUND COMPANY'S MISSION IS TO PROVIDE LOW INCOME SENIOR HOUSING UNDER THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 0 0 1337757 1424326 OPERATING A LOW INCOME SENIOR HOUSING FACILITY UNDER U.S.DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECTION 202. 1337757 1 0 0 0 0 0 0 1 1 0 1 0 0 0 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 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X MICHAEL FELBERG 7188636200 1070 HAVEMEYER AVENUE BRONX NY 10462 KENNETH GELB BOARD MEMBER 1.00 17.00 X 0 438346 57380 REED ELSON BOARD MEMBER 1.00 38.00 X 0 73089 23599 D JOSEPH BRADLEY JR VICE PRESIDENT ENDED 6/6/2024 1.00 4.00 X X 0 0 0 MARY O'CONNELL SECRETARY 1.00 4.00 X X 0 0 0 ALAN KOREFF BOARD MEMBER 1.00 4.00 X 0 0 0 CONNIE CAPALDO BOARD MEMBER 1.00 4.00 X 0 7710 0 MARTIN ELSON PRESIDENT 1.00 21.00 X X 3500 78803 0 GARY ROTHMAN BOARD MEMBER 1.00 4.00 X 0 0 0 MICHAEL FELBERG CFO/COO 1.00 35.00 X 22389 302455 76984 25889 900403 157963 0 0 1 0 0 RENTAL INCOME 532000 1424326 1424326 1424326 24504 24504 14200 0 14200 14200 14200 LAUNDRY AND VENDING RE 900099 2995 2995 2995 1466025 1424326 0 41699 X 35006 35006 265766 51171 214595 12012 2559 9453 46670 9481 37189 22169 3937 18232 110422 110422 12477 12477 32469 32469 317155 317155 23033 3356 19677 384530 384530 432659 432659 115940 115940 MISCELLANEOUS 16969 16969 1827277 1337757 489520 0 383398 351823 579154 671074 68749 390940 1048 1101 17197170 5929698 11688655 11267472 37726 40225 12758730 12722635 146134 280504 3450000 3450000 30067 32566 13424894 13424894 306652 494940 17357747 17682904 X -4599017 -4960269 -4599017 -4960269 12758730 12722635 -361252 0 X X 0 1 X 1 1 1 X 786967 1004343 1067598 1097152 1424326 5380386 786967 1004343 1067598 1097152 1424326 5380386 0 0 0 5380386 9104 8981 9732 13603 38704 80124 9104 8981 9732 13603 38704 80124 260170 28214 113265 45129 2995 449773 1056241 1041538 1190595 1155884 1466025 5910283 0.91030 0.86250 0.01360 0.00920 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FORGIVENESS OF LIABILITY - 2020 AMOUNT: $ 260,170. 2021 AMOUNT: $ 28,214. 2022 AMOUNT: $ 113,265. 2023 AMOUNT: $ 45,000. LAUNDRY AND VENDING REVENUE - 2023 AMOUNT: $ 129. 2024 AMOUNT: $ 2,995. 7659 X 0 0 1 X 118400 118400 16900790 5809647 11091143 177980 120051 57929 11267472 DUE TO RELATED PARTIES 494940 494940 X 1466025 0 1466025 0 1466025 1827277 0 1827277 0 1827277 PART III, LINE 4: THE ART COLLECTION PROVIDES EMOTIONAL AND PSYCHOSOCIAL SUPPORT TO THE RESIDENTS AND THEIR LOVED ONES. THE BREADTH OF THE COLLECTION APPEALS TO A DIVERSE GROUP OF RESIDENTS, AND IS EASILY ACCESSIBLE TO OLDER ADULTS AND PERSONS OF ALL ABILITIES. PART IV, LINE 2B TENANT SECURITY DEPOSITS ARE HELD IN TRUST FOR THE DURATION OF THEIR STAY. PART IV, LINE 2B: TENANT SECURITY DEPOSITS ARE HELD IN TRUST FOR THE DURATION OF THEIR STAY. PART X, LINE 2: THE HDFC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE HDFC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE HDFC BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. 0 1 0 0 0 0 0 0 0 KENNETH GELB BOARD MEMBER 0 438346 0 0 0 0 0 15695 0 41685 0 495726 0 0 MICHAEL FELBERG CFO/COO 22389 294943 0 0 0 7512 1148 15127 6721 53988 30258 371570 0 0 PART I, LINE 3 THE SERVICES OF INDEPENDENT CONSULTANTS ARE RETAINED THROUGH A RELATED PARTY TO REVIEW COMPENSATION PRACTICES FOR EXECUTIVE DIRECTORS IN OTHER ORGANIZATIONS OF COMPARABLE SIZE AND TYPE. THIS MARKET ANALYSIS IS THEN REVIEWED AND USED TO DETERMINE SALARY ADJUSTMENTS. IN ADDITION TRADE ASSOCIATIONS PROVIDE INFORMATION CONCERNING SALARIES, AND THE BOARD REVIEWS COMPENSATION OF SIMILAR ORGANIZATIONS VIA WWW.GUIDESTAR.COM. THIS PROCESS WAS LAST PERFORMED IN 2024. PART I, LINE 4B MICHAEL FELBERG PARTICIPATES IN THE 457(F) PLAN THROUGH A RELATED ENTITY. EMPLOYEE CONTRIBUTIONS OF $7,512 ARE INCLUDED IN PART II, COLUMN BIII. FORM 990, PART VI, SECTION A, LINE 2 MARTIN ELSON AND REED ELSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY EXIST. FORM 990, PART VI, SECTION B, LINE 11B A FINAL COPY OF THE FORM 990 IS REVIEWED BY THE COO/CFO AND DIRECTOR OF FINANCE PRIOR TO BEING FILED. QUESTIONS AND COMMENTS WILL BE DISCUSSED WITH THE PREPARER FOR ANY CHANGES THAT MAY NEED TO BE ADDRESSED. THE 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C UNITED ODD FELLOWS HOUSING DEVELOPMENT FUND COMPANY HAS A CONFLICT OF INTEREST POLICY WHICH APPLIES TO DIRECTORS AND OFFICERS AS WELL AS ALL EMPLOYEES. ON AN ANNUAL BASIS EVERY DIRECTOR AND OFFICER IS REQUIRED TO SUBMIT A LIST OF ALL POTENTIAL CONFLICTS OF INTEREST. THESE POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER AS WELL AS THE BOARD OF DIRECTORS TO DETERMINE WHETHER A CONFLICT OF INTEREST ACTUALLY EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST DOES EXIST, APPROPRIATE RESTRICTIONS ARE PLACED UPON THE PERSON IN CONFLICT TO ENSURE THAT ANY DELIBERATIONS AND DECISIONS DO NOT INCLUDE THE PERSON IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 REBEKAH REHAB PARTICIPATED IN A COMPENSATION SURVEY CONDUCTED BY LEADINGAGE NY. THIS MARKET ANALYSIS WAS THEN REVIEWED AND USED TO DETERMINE SALARY ADJUSTMENTS. IN ADDITION, TRADE ASSOCIATIONS PROVIDE INFORMATION CONCERNING SALARIES, AND THE BOARD REVIEWS COMPENSATION OF SIMILAR ORGANIZATIONS VIA WWW.GUIDESTAR.COM. THIS PROCESS WAS LAST PERFORMED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 317,155. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 317,155. FORM 990 PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. UNITED ODD FELLOW AND REBEKAH HOME 1070 HAVEMEYER AVE BRONX NY 10462 131740053 SEE PART VII NY 501(C)(3) LINE 10 N/A 0 UNIONPORT FOUNDATION INC 1070 HAVEMEYER AVE BRONX NY 10462 237084191 SEE PART VII NY 501(C)(3) LINE 12B, II N/A 0 REBEKAH REHAB ASSISTED LIVING 1070 HAVEMEYER AVE BRONX NY 10462 815381708 SEE PART VII NY 501(C)(3) LINE 10 N/A 0 REB REH LICENSED HOME CARE SVCS AGENCY 1070 HAVEMEYER AVE BRONX NY 10462 815398464 SEE PART VII NY 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 PART II IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS UNITED ODD FELLOW AND REBEKAH HOME D/B/A REBEKAH REHAB AND EXTENDED CARE CENTER PRIMARY ACTIVITY: NURSING HOME UNIONPORT FOUNDATION, INC. PRIMARY ACTIVITY: HEALTHCARE, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL ACTIVITIES REBEKAH REHAB ASSISTED LIVING PRIMARY ACTIVITY: ASSISTED LIVING PROGRAM REBEKAH REHAB LICENSED HOME CARE SERVICES AGENCY PRIMARY ACTIVITY: LICENSED HOMECARE SERVICES AGENCY