2025-02-13T14:02:53-06:00 2024-06-30 WITHUMSMITHBROWN PC 1411 BROADWAY 9TH FLOOR NEW YORK NY 10018 990 2023-07-01 133693602 HIRE HOUSING DEVELOPMENT FUND CORPORATION % MICHAEL O'DONNELL HIRE 2122191618 462 7TH AVENUE 3RD FL NEW YORK NY 10018 Michael O'Donnell CEO 2122191618 2025-05-15 true true JAMES HUANG CPA P01513328 2127519100 2023 2025-03-06 01:10:19Z Michael O'Donnell 462 7TH AVENUE 3RD FL NEW YORK NY 10018 391106 false X N/A X 1992 NY SEE SCHEDULE O 3 2 0 0 0 26923 26923 370456 305304 25951 58879 0 0 423330 391106 0 0 0 0 0 0 0 0 0 489305 749747 489305 749747 -65975 -358641 2189670 2115797 2655333 2940101 -465663 -824304 THE COMPANY OWNS A BUILDING THAT CONTAINS 40 APARTMENT UNITS LOCATED IN THE BRONX, NEW YORK. THE COMPANY LEASES ALL THE UNITS TO HOMELESS PERSONS WITH AIDS OR HIV-RELATED ILLNESSES. false false 731042 305304 OPERATION OF A 40-UNIT SUPPORTIVE HOUSING PROGRAM FOR HOMELESS PERSONS WITH AIDS OR HIV-RELATED INFECTIONS. 731042 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false false false X 3 2 false false false false false false false true true false false true true true true true true true false false NY X X MICHAEL O'DONNELL 2122191618 462 7TH AVENUE 3RD FL NEW YORK NY 10018 DR ROSA GIL President 1.0 55.0 X X 0 616984 0 Carlos R Pineiro VCP 1.0 0.25 X 0 0 0 Henry Kwong VICE PRESIDENT 1.0 0.25 X 0 0 0 0 616984 0 0 false true false 0 26923 26923 RENTAL INCOME 531110 305304 305304 305304 58879 58879 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 391106 305304 0 58879 0 0 0 0 0 0 0 0 0 0 0 1955 1955 18680 18680 0 0 0 11584 11584 0 3694 3669 25 0 0 0 0 0 0 83720 83720 0 51266 51266 41751 41751 REPAIRS & MAINTENANCE 268752 268752 EMPLOYMENT SERVICES 90066 90066 PROPERTY MANAGEMENT FEE 33160 33160 BAD DEBTS 20793 20793 124326 124326 749747 731042 18705 0 X 13423 38479 0 0 0 0 98664 121728 0 0 0 0 0 0 0 0 2244 25702 3752851 2928922 720661 823929 0 0 0 0 0 0 101570 97605 1253108 1008354 2189670 2115797 184999 46687 0 0 3704 8900 0 0 0 0 0 0 2298805 2298805 0 0 167825 585709 2655333 2940101 X -465663 -824304 0 0 -465663 -824304 2189670 2115797 -358641 X X false true X true false X 26923 26923 26923 26923 26923 134615 405836 381319 409249 370456 305304 1872164 0 0 0 432759 408242 436172 397379 332227 2006779 0 0 0 2006779 14030 13691 5657 25951 58879 118208 0 14030 13691 5657 25951 58879 118208 0 0 55 264 0 0 319 446789 421988 442093 423330 391106 2125306 0.94423 0.95152 0.05562 0.03507 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33695 33695 2641577 2589250 52327 1020467 310548 709919 14750 14750 0 42362 14374 27988 823929 REPLACEMENT RESERVE 783151 OPERATING RESERVE 223551 SINKING FUND RESERVE 1652 1008354 0 DUE TO AFFILIATE 475236 INTEREST PAYABLE 110473 585709 X 391106 391106 391106 749747 749747 749747 PART X, LINE 2 The Corporation has tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. Being a nonstock corporation not organized for profit, the Corporation is exempt from the New York State and New York City franchise tax. Accounting principles generally accepted in the United States of America require evaluation of the tax positions taken or expected to be taken in the course of preparing the Corporation's tax returns to determine whether the tax positions are more likely than not sustainable upon examination by the applicable taxing authorities, based on the technical merits of the tax positions, and then recognizing the tax benefit that is more likely than not realizable. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax expense in the current reporting period. Management believes any such positions would be immaterial to the overall financial statements. There are no income tax related penalties or interest included in these financial statements. Should any such penalties and interest be incurred, the Corporation's policy would be to recognize them as operating expenses. The Corporation's federal and state tax returns for the fiscal years after 2020 remain subject to examination by the relevant taxing authorities. false false false false false false false false false DR ROSA GIL President 0 612943 0 0 0 4041 0 0 0 0 0 616984 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE COMPANY OWNS A BUILDING THAT CONTAINS 40 APARTMENT UNITS LOCATED IN THE BRONX, NEW YORK. THE COMPANY LEASES ALL THE UNITS TO HOMELESS PERSONS WITH AIDS OR HIV-RELATED ILLNESSES. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 IS REVIEWED BY THE MEMBERS OF THE BOARD BEFORE FILING. FORM 990, PART VI SECTION B LINE 12C: MEMBERS OF THE BOARD ARE GIVEN THE OPPORTUNITY TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY AND ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15A: NO COMPENSATION IS PAID TO BOARD MEMBERS AND OFFICERS OF THIS CORPORATION. HOWEVER, THE PRESIDENT/CEO IS COMPENSATED BY A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF THE RELATED ORGANIZATION MEETS ANNUALLY TO DETERMINE COMPENSATION. AS WELL AS, THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT. THE RELATED ORGANIZATION PROVIDES RESOURCES FOR THEIR USE INCLUDING INFORMATION ABOUT BEST PRACTICES AND COMPARABILITY STUDIES. THE EXECUTIVE COMMITTEE OF THE RELATED COMPANY MAKES COMPENSATION RECOMMENDATIONS TO THE BOARD OF DIRECTORS OF THE RELATED COMPANY. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATMENTS ARE AVAILABLE AT THE ADMINISTRATIVE OFFICES DURING REGULAR BUSINESS HOURS UPON REQUEST. IN ADDITION, THE ORGANIZATION TIMELY FILES ITS ANNUAL REPORT (NYS CHAR 500) WITH THE NEW YORK STATE ATTORNEY GENERAL'S (NYSOAG) OFFICE. THE NYSOAG POSTS THE ANNUAL REPORT TOGETHER WITH THE ORGANIZATION'S FEDERAL FORM 990 AND ITS AUDITED FINANCIAL STATEMENTS ON THE CHARITIES BUREAU WEBSITE. FORM 990, PART XII, LINE 2C: MANAGEMENT AND BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SECURITY SERVICE TOTAL EXPENSES:11680 PROGRAM SERVICES:11680 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:EXTERMINATING TOTAL EXPENSES:7125 PROGRAM SERVICES:7125 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:WATER & SEWER TOTAL EXPENSES:47532 PROGRAM SERVICES:47532 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:UTILITIES TOTAL EXPENSES:57989 PROGRAM SERVICES:57989 COMUNILIFE INC 462 7TH AVENUE NEW YORK NY 10018 133530299 SOCIAL SVC NY 501(C)(3) 7 NA false HOME ASSISTANCE TECHNICIANS INC 462 7TH AVENUE NEW YORK NY 10018 133618225 AFFD HOUSING NY 501(C)(3) 10 COMUNILIFE false DONA ROSITA TWO LP 462 7TH AVE NEW YORK NY 10018 201130370 AFFORD HOUSIN NY COMUNILIFE INC false false Comunilife Prospect Associates LP 462 7TH AVE New York NY 10018 270347156 AFFORD HOUSIN NY COMUNILIFE INC false false Hughes Avenue Associates LP 462 7TH AVE New York NY 10018 134036949 AFFORD HOUSIN NY COMUNILIFE INC false false Crotona Avenue Associates LP 462 7TH AVE New York NY 10018 134036945 AFFORD HOUSIN NY COMUNILIFE INC false false jenning street associates lp 462 7TH AVE New york NY 10018 134036943 AFFORD HOUSIN NY COMUNILIFE INC false false EL RIO RESIDENCE LP 462 7TH AVE NEW YORK NY 10018 462209191 AFFORD HOUSIN NY COMUNILIFE INC false false Comunilife El Rio II LP 462 7TH AVE NEW YORK NY 10018 823700113 AFFORD HOUSIN NY COMUNILIFE INC false false Comunilife Third Avenue LP 462 7TH Ave New York NY 10016 842954312 afford housin NY Comunilife Inc false false Comunilife Woodhull Associates LP 462 7th ave new york NY 10018 815335995 afford housin NY comunilife Inc false false Comunilife Throop Associates LP 462 7th ave New York NY 10018 882038516 afford housin NY comunilife Inc false false DR TWO INC 462 7TH AVENUE NEW YORK NY 10018 200313414 AFFORD HOUSIN NY COMUNILIFE INC S-corp false Hughes Avenue Corp 462 7TH AVENUE New York NY 10018 134070010 AFFORD HOUSIN NY COMUNILIFE INC C Corp false Crotona Avenue Corp 462 7TH AVENUE New York NY 10018 134070012 AFFORD HOUSIN NY COMUNILIFE INC C Corp false jenning street corp 462 7TH AVENUE New York NY 10018 134070051 AFFORD HOUSIN NY COMUNILIFE INC C Corp false communilife prospect inc 462 7TH AVENUE New york NY 10018 270347082 AFFORD HOUSIN NY COMUNILIFE INC C Corp false EL RIO GP INC 462 7TH AVENUE NEW YORK NY 10018 461507641 AFFORD HOUSIN NY COMUNILIFE INC C CORP false COMUNILIFE EL RIO II GP INC 462 7TH AVENUE NEW YORK NY 10018 823608711 AFFORD HOUSIN NY COMUNILIFE INC C CORP false Comunilife Third Avenue GP Inc 462 seventh avenue 3rd fl new york NY 10016 842960569 afford housin NY comunilife inc c corp false Comunilife Woodhull Assoc GP Inc 462 seventh avenue 3rd fl new york NY 10016 815347999 afford housin NY comunilife Inc c corp false COMUNILIFE THROOP ASSOCIATES GP INC 462 7th ave New York NY 10018 882064282 AFFORD HOUSIN NY COMUNILIFE INC C Corp false false false false false true false false false false false false false true false true false false false false COMUNILIFE INC E 475236 FMV COMUNILIFE INC M 33160 FMV COMUNILIFE INC O 90066 FMV