2025-02-13T15:51:44-06:00 2024-03-31 161131146 BONADIO & CO LLP 432 NORTH FRANKLIN STREET SYRACUSE NY 13204 990 2023-04-01 161344129 POND STREET HOUSING DEVELOPMENT FUND COMPANY INC POND 3154241821 990 JAMES STREET SYRACUSE NY 13203 KYLE LYSKAWA CFO OF MANAGING AGENT 3154241821 2025-02-13 1 1 BETTINA LIPPHARDT P00956232 3154227109 2025-02-13 2023 2025-03-06 01:10:19Z KYLE LYSKAWA 990 JAMES STREET SYRACUSE NY 13203 546903 0 0928 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1989 NY LOW INCOME HOUSING PROJECT. 3 3 0 3 0 0 0 0 528767 543234 380 681 2603 2988 531750 546903 0 0 0 0 112801 104942 0 0 0 374865 344985 487666 449927 44084 96976 1445152 1491001 2629187 2578060 -1184035 -1087059 THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 375044 546222 OPERATION OF A 47-UNIT LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. 375044 1 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KYLE LYSKAWA CFO 3154241821 990 JAMES STREET SYRACUSE NY 13203 X FATHER DANIEL CARUSO PRESIDENT 0.00 X X 0 0 0 TINA PORRINO TREASURER 0.00 X X 0 0 0 LAURIE GILDEMEYER SECRETARY 0.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME - HUD 531110 406429 406429 RENTAL INCOME - TENANT 531110 136805 136805 543234 681 681 OTHER MISC. INCOME 532000 2988 2988 2988 546903 546222 0 681 87675 87675 103 103 9123 9123 8041 8041 36157 36157 815 815 14536 14536 359 359 13414 13414 93604 93604 164 164 75761 75761 66912 66912 29001 29001 OTHER ADMIN 9438 9438 MISCELLANEOUS EXPENSES 4545 4545 BAD DEBT 279 279 449927 375044 74883 0 51598 123748 7757 14278 8705 10963 3446509 2449683 1050803 996826 326289 345186 1445152 1491001 43449 24798 4260 2153 2548802 2513186 32676 37923 2629187 2578060 X -1184035 -1087059 -1184035 -1087059 1445152 1491001 96976 0 X X 0 1 X 1 1 1 X 507243 510626 496826 528767 543234 2586696 507243 510626 496826 528767 543234 2586696 0 0 0 2586696 1130 170 143 380 681 2504 1130 170 143 380 681 2504 4620 3057 9256 2603 2988 22524 512993 513853 506225 531750 546903 2611724 0.99040 0.99030 0.00100 0.00120 X 41420 41420 3189969 2272413 917556 215120 177270 37850 996826 INSURANCE ESCROW 108986 RESERVE FOR REPLACEMENTS 186527 RESIDUAL RECEIPTS RESERVE 36761 TENANTS' SECURITY DEPOSITS 12912 345186 MISC. CURRENT LIABILITIES 25011 TENANTS' SECURITY DEPOSITS 12912 37923 546903 0 546903 0 546903 449927 0 449927 0 449927 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT, AND PERSONNEL RELATED FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE CFO FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING THE WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGES TO THE OVERSIGHT PROCESS.