2025-10-29T08:29:11-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2024-01-01 454252738 RESTORING COMMUNITIES HOUSING DEVELOPMENT FUND CORPORATION REST 2125848981 150 BROADWAY 2101 NEW YORK NY 10038 MR SALVATORE D'AVOLA ASSISTANT SECRETARY 2125848981 2025-10-29 1 1 LAURA KIELCZEWSKI P00740769 9732283500 2025-10-22 2024 2025-03-06 01:10:19Z MR SALVATORE D'AVOLA 150 BROADWAY 2101 NEW YORK NY 10038 533000 0 X WWW.NEIGHBORHOODRESTORE.ORG X 2019 NY THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PERSERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. IN ADDITION TO PROMOTING AFFORDABLE HOUSING OPPORTUNITIES, IT SEEKS TO PREVENT AND ELIMINATE BLIGHT AND FOSTER THE STABLIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY. 4 4 0 5 0 0 682500 32500 0 500500 0 0 0 0 682500 533000 682500 32500 0 0 0 0 0 0 0 241559 315127 924059 347627 -241559 185373 852435 1085660 63080 110932 789355 974728 X THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PERSERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. IN ADDITION TO PROMOTING AFFORDABLE HOUSING OPPORTUNITIES, IT SEEKS TO PREVENT AND ELIMINATE BLIGHT AND FOSTER THE STABLIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY. 0 0 233951 32500 500500 THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING AND CREATING, ON A NONPROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. DURING THE YEAR, THE ORGANIZATION CONTINUED TO OWN AND MANAGE RENT REGULATED PROPERTIES THROUGHOUT NEW YORK CITY, PROVIDING SAFE AFFORDABLE HOUSING TO THOUSANDS OF TENANTS. 233951 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X SALVATORE D'AVOLA 2125848981 150 BROADWAY SUITE 2101 NEW YORK NY 10038 HAROLD SHULTZ PRESIDENT 1.00 3.00 X X 0 0 0 MICHAEL WADMAN VICE PRESIDENT 1.00 2.00 X X 0 0 0 TATIANA PENA SECRETARY 1.00 6.00 X X 0 0 0 VICTORIA BARRECA TREASUTER 1.00 5.00 X X 0 0 0 XIOMARA PEDRAZA OUTGOING DIRECTOR 1.00 2.00 X 0 0 0 RICHARD PINNER ASSISTANT SECRETARY 1.00 6.00 X 0 0 0 SALVATORE D'AVOLA ASSISTANT SECRETARY 6.00 34.00 X 0 274704 26421 0 274704 26421 0 0 1 0 0 32500 32500 PROGRAM FEE 900099 500500 500500 500500 533000 500500 0 0 32500 32500 198037 162523 35514 15025 15025 39908 39908 7635 7635 7089 7089 10206 8376 1830 32390 26582 5808 4837 3970 867 347627 233951 113676 0 852435 1085660 852435 1085660 20676 32933 42404 77999 63080 110932 X 789355 974728 789355 974728 852435 1085660 185373 0 X 0 1 X 1 0 X X 2 ENTERPRISE COMMUNITY PARTNERS INC 521231931 7 1 0 0 LOCAL INITIATIVES SUPPORT CORPORATION 133030229 7 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 1 7635 0 7635 0 PART II-B, LINE 1: THE ORGANIZATION AND ITS AFFILIATE ENTITIES HAVE A FIRM ON RETAINER THAT PROVIDES GOVERNMENT RELATION ACTIVITIES ASSOCIATED WITH THE ORGANIZATIONS' AFFORDABLE HOUSING WORK. 0 DUE TO NEIGHBORHOOD RESTORE 77999 77999 X 533000 0 533000 0 533000 347627 0 347627 0 347627 PART X, LINE 2: THE ORGANIZATION IS A SECTION 501(C)(3) NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS ALSO EXEMPT FROM NEW YORK STATE AND NEW YORK CITY INCOME TAXES. AS OF DECEMBER 31, 2024 THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE UNITED STATES FEDERAL AND NEW YORK STATE AUTHORITIES FOR ANY TAX YEARS BEFORE THE TAX YEAR ENDED DECEMBER 31, 2021. THE TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2021 THROUGH DECEMBER 31, 2024 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION 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. 1 HOMEBUYER SUBSIDY 1 32500 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANTS TO INCOME ELIGIBLE HOMEBUYERS PURCHASING AN APARTMENT IN A LOW-INCOME COOPERATIVE. 0 0 0 0 0 0 0 0 0 SALVATORE D'AVOLA ASSISTANT SECRETARY 0 274704 0 0 0 0 0 10169 0 16252 0 301125 0 0 PART I, LINE 3 COMPENSATION IS DETERMNED BY NEIGHBORHOOD RESTORE HOUSING, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND APPROPRIATE SCHEDULES, AS REQUIRED, IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED INTERNALLY BY MANAGEMENT. THE FINAL DRAFT OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION FOLLOWS THE PROCEDURES OUTLINED IN THE CONFLICT OF INTEREST POLICY STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. ENTERPRISE COMMUNITY PARTNERS INC 11000 BROKEN LAND PARKWAY 700 COLUMBIA MD 21044 521231931 AFF. HOUSING MD 501(C)(3) LINE 7 N/A 0 LOCAL INITIATIVES SUPPORT CORP 28 LIBERTY STREET 34TH FLOOR NEW YORK NY 10005 133030229 COMMUNITY DEVELOPMENT NY 501(C)(3) LINE 7 N/A 0 NEIGHBORHOOD RENEWAL HDFC 150 BROADWAY SUITE 2101 NEW YORK NY 10038 833652635 RE DEVELOP NY 501(C)(3) LINE 12A, I N/A 0 NEIGHBORHOOD RESTORE HDFC 150 BROADWAY SUITE 2101 NEW YORK NY 10038 113498425 RE DEVELOP NY 501(C)(3) LINE 12A, I N/A 0 PRESERVING CITY NEIGHBORHOODS HDFC 150 BROADWAY SUITE 2101 NEW YORK NY 10038 274688153 RE DEVELOP NY 501(C)(3) LINE 12A, I N/A 0 PROJECT REBUILD INC 150 BROADWAY SUITE 2101 NEW YORK NY 10038 464340949 RE DEVELOP NY 501(C)(3) LINE 12A, I N/A 0 RESTORED HOMES HDFC 150 BROADWAY SUITE 2101 NEW YORK NY 10038 203853610 RE DEVELOP NY 501(C)(3) LINE 12A, I N/A 0 RESTORING URBAN NEIGHBORHOODS LLC 150 BROADWAY SUITE 2101 NEW YORK NY 10038 264577399 RE DEVELOP NY 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0