2025-03-25T16:24:26-05:00 2024-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-07-01 133179312 POSTGRADUATE CENTER RESIDENCE INC POST 2128895500 158 EAST 35TH STREET NEW YORK NY 10016 JACOB BARAK PHD PRESIDENT & CEO 2128895500 2025-03-25 1 1 MELISSA MODELSON P01603524 9143818900 2025-03-25 2023 2025-03-06 01:10:19Z JACOB BARAK PHD 158 EAST 35TH STREET NEW YORK NY 10016 406134 0 X WWW.PGCMH.ORG X 1983 NY TO PROVIDE COMMUNITY RESIDENCES AND HOUSING FACILITIES SPECIFICALLY DESIGNED TO PROMOTE THE WELL-BEING FOR THE MENTALLY ILL AND ELDERLY PERSONS. 4 2 0 5 0 0 302478 296514 87069 91789 1644 17403 0 428 391191 406134 0 0 0 0 0 0 0 0 0 316262 332412 316262 332412 74929 73722 723662 778750 714071 695437 9591 83313 X TO PROVIDE COMMUNITY RESIDENCES AND HOUSING FACILITIES SPECIFICALLY DESIGNED TO PROMOTE THE WELL-BEING FOR THE MENTALLY ILL AND ELDERLY PERSONS. 0 0 299118 0 91789 AN APARTMENT COMPLEX OF TWENTY UNITS IN WHICH HOUSING IS PROVIDED TO THE CHRONICALLY MENTALLY ILL BY POSTGRADUATE CENTER FOR MENTAL HEALTH UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. RESIDENCE I, THE 50TH STREET RESIDENCE, HAS BEEN IN FULL OPERATION THROUGHOUT THE PAST FISCAL YEAR. THIS TRANSITIONAL RESIDENCE PROVIDES SERVICES TO TWENTY SERIOUSLY AND PERSISTENTLY MENTALLY ILL ADULTS. WITHIN THE LAST SEVERAL YEARS, EIGHT OF THE SITE'S RESIDENTS WERE DISCHARGED APPROPRIATELY TO ALTERNATIVE LEVELS OF CARE. THE SITE ALSO HAD EIGHT NEW YORK STATE OFFICE OF MENTAL HEALTH PRIORITY ADMISSIONS, NOTED AS "HIGH NEEDS" CLIENTS. THESE CLIENTS WERE ALL ADMITTED FROM STATE OR ACUTE CARE INPATIENT PSYCHIATRIC UNITS. ALL OF THESE EIGHT NEW CLIENTS HAVE HAD A SMOOTH TRANSITION TO THE SITE AND CONTINUE TO RECEIVE THE FULL RANGE OF SERVICES. 299118 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 NY X X DALER AMONOV CFO 2128895500 158 EAST 35TH STREET NEW YORK NY 10016 JACOB BARAK PHD PRESIDENT & CEO 1.00 44.00 X X 0 802143 194480 CARA TURNER VICE PRESIDENT 1.00 42.00 X X 0 233112 65138 CHRISTOPHER BURKE TREASURER 1.00 3.00 X X 0 0 0 VICTOR BENEL SECRETARY 1.00 3.00 X X 0 0 0 DALER AMONOV CFO 0.50 34.50 X 0 223512 57297 0 1258767 316915 0 0 1 0 0 296514 296514 RENTAL INCOME 531110 91789 91789 91789 17403 17403 MISCELLANEOUS INCOME 900099 428 428 428 406134 91789 0 17831 14280 14280 11100 11100 20396 13472 6924 147064 147064 41961 41961 ALLOCATED WAGES & BENEF 56774 56774 REPAIRS & MAINTENANCE 40837 39847 990 332412 299118 33294 0 298810 380814 137054 151682 5921 5921 1733917 1501609 274269 232308 7608 8025 723662 778750 74828 74545 7537 7537 250892 149934 380814 463421 714071 695437 X 9591 83313 9591 83313 723662 778750 73722 0 X X 0 1 X 0 1 1 X 284315 311233 314694 302478 296514 1509234 87185 88231 87328 87069 91789 441602 371500 399464 402022 389547 388303 1950836 0 0 0 1950836 424 161 60 1644 17403 19692 424 161 60 1644 17403 19692 428 428 371924 399625 402082 391191 406134 1970956 0.98980 0.99870 0.01000 0.00130 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2023 AMOUNT: $ 428. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 22000 22000 1678454 1468146 210308 33463 33463 0 232308 DUE TO RELATED PARTIES 463421 463421 X 406134 0 406134 0 406134 332412 0 332412 0 332412 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2021. 0 1 0 0 0 0 0 0 0 JACOB BARAK PHD PRESIDENT & CEO 0 467618 0 275000 0 59525 0 146255 0 48225 0 996623 0 57550 CARA TURNER VICE PRESIDENT 0 183058 0 50000 0 54 0 50874 0 14264 0 298250 0 0 DALER AMONOV CFO 0 201537 0 20000 0 1975 0 22228 0 35069 0 280809 0 0 PART I, LINE 3 POSTGRADUATE CENTER RESIDENCE, INC. DOES NOT PROVIDE COMPENSATION TO ANY OF ITS TOP MANAGEMENT OFFICIALS. THE SALARY PAID TO TOP MANAGEMENT OFFICIALS IS PAID BY POSTGRADUATE CENTER FOR MENTAL HEALTH, A RELATED ORGANIZATION. THE FOLLOWING IS THEIR COMPENSATION POLICY: COMPENSATION OF THE CEO IS BASED ON COMPENSATION STUDIES DONE BY AN INDEPENDENT CONSULTING FIRM ANNUALLY. THE COMPENSATION COMMITTEE DETERMINES AND APPROVES THE CEO'S COMPENSATION PACKAGE AND COMMUNICATES THEIR APPROVAL TO THE VP OF FINANCE. COMPENSATION OF VPS AND OTHER EXECUTIVES IS DETERMINED BY THE CEO BASED ON THE STUDY OF THE FORM 990 OF OTHER ORGANIZATIONS AND ALL OTHER STAFF IS DETERMINED BY CONSULTATION BETWEEN THE REQUISITE VP AND THE CEO BASED ON COMPARABLE MARKET ANALYSIS. THIS PROCESS WAS LAST UNDERTAKEN DURING FISCAL YEAR 2024. PART I, LINE 4B JACOB BARAK, PHD PARTICIPATES IN A 457(F) RETIREMENT PLAN. DURING THE YEAR, POSTGRADUATE CENTER FOR MENTAL HEALTH CONTRIBUTED $80,255 INTO THE PLAN ON HIS BEHALF. THIS AMOUNT IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN C. JACOB BARAK RECEIVED A DISTRIBUTION FROM A SECTION 457(F) PLAN IN THE AMOUNT OF $57,550. THE AMOUNT WAS INCLUDED IN HIS 2023 W-2 AND IS INCLUDED IN THE AMOUNT ON SCHEDULE J, PART II, COLUMN B (III). FORM 990, SCHEDULE J, PART II: IN ACCORDANCE WITH THE REQUIREMENTS OF THE IRS FORM 990 THE AMOUNTS REPORTED FOR PART VII COMPENSATION MUST BE CONSISTENT WITH THE FORM W-2 ISSUED TO EACH EMPLOYEE FOR THE YEAR ENDED 12/31/23 WHILE THE FINANCIAL INFORMATION REPORTED FOR THE ORGANIZATION IS FOR THE FISCAL PERIOD OF 7/1/23 TO 6/30/24. THE COMPENSATION REPORTED FOR THE CEO FOR THIS PERIOD INCLUDED AN AMOUNT DEFERRED AND INVESTED IN 2005, THIS PAYOUT OF $57,550 INCLUDES STOCK APPRECIATION AND INTEREST INCOME OVER AND ABOVE THE INITIAL INVESTED AMOUNT. THE CEO BECAME FULLY VESTED IN THESE FUNDS DURING THE 2023 YEAR SO THESE FUNDS WERE PAID OUT AS PART OF HIS PAYROLL IN ORDER TO COLLECT AND PAY THE APPROPRIATE TAXES DUE. ADDITIONALLY, DR. BARAK'S SALARY IS ALLOCATED AMONG THREE SEPARATE ENTITIES, PCMH, FHMC (A REAL ESTATE DEVELOPMENT COMPANY) AND CHC (A MANAGEMENT AND PROPERTY COMPANY). FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION PURCHASES MANAGEMENT SERVICES FROM ITS SPONSOR POSTGRADUATE CENTER FOR MENTAL HEALTH, A RELATED ENTITY. THESE FEES ARE CHARGEABLE AT A MONTHLY RATE OF $1,190 PER MONTH. THE MANAGEMENT FEES INCURRED DURING THE YEAR ENDED JUNE 30, 2024 AMOUNTED TO $14,280. JACOB BARAK AND CARA TURNER (OFFICERS OF THE FILING ORGANIZATION) WERE PAID BY POSTGRADUATE CENTER FOR MENTAL HEALTH. THEIR 2023 COMPENSATION IS REPORTED IN PART VII, SECTION A AND SCHEDULE J, PART II. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION ARE THE TRUSTEES OF THE POSTGRADUATE CENTER OF MENTAL HEALTH. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS, WHICH ARE THE TRUSTEES OF THE POSTGRADUATE CENTER OF MENTAL HEALTH, HAVE THE ABILITY TO APPOINT AND REMOVE THE BOARD OF DIRECTORS AS THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE AMENDED, REPEALED OR ADOPTED BY THE MEMBERS OF THE ORGANIZATION. ANY BYLAWS ADOPTED BY THE BOARD MAY BE MAY BE AMENDED OR REPEALED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION DID NOT HAVE ANY BOARD MEETINGS DURING THE FISCAL YEAR. THE ORGANIZATION DOES NOT HOLD INDIVIDUAL MEETINGS; ANY ISSUES PERTAINING TO THE RESIDENCE ARE DISCUSSED DURING POSTGRADUATE CENTER FOR MENTAL HEALTH'S BOARD MEETINGS AND DOCUMENTED IN THEIR MINUTES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B AN OUTSIDE ACCOUNTING FIRM AND THE ORGANIZATION HAVE ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD OF DIRECTORS FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH COMMENT IS DOCUMENTED AND ADDRESSED. ONCE ALL OF THE COMMENTS HAVE BEEN CLEARED, THE RETURN IS FINALIZED AND ELECTRONICALLY FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION FOLLOWS THE POLICIES OF IT'S PARENT COMPANY, POSTGRADUATE CENTER FOR MENTAL HEALTH, INC. BUT HAS NOT FORMALLY ADOPTED THEM AS ITS' OWN POLICIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 990 AS WELL AS THE FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE POSTGRADUATE CENTER RESIDENCE, INC. BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR. FORM 990, PART VI, LINE 13: THE ORGANIZATION FOLLOWS THE POLICIES OF IT'S PARENT COMPANY, POSTGRADUATE CENTER FOR MENTAL HEALTH BUT HAS NOT FORMALLY ADOPTED THEM AS ITS' OWN POLICIES. FORM 990, PART VI, LINE 14: THE ORGANIZATION FOLLOWS THE POLICIES OF IT'S PARENT COMPANY, POSTGRADUATE CENTER FOR MENTAL HEALTH BUT HAS NOT FORMALLY ADOPTED THEM AS ITS' OWN POLICIES. FHMC INC 158 EAST 35TH ST NEW YORK NY 10016 133809029 HOUSING NY 501(C)(3) LINE 12A, I POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH 2950 GRAND CONCOURSE HDFC 158 EAST 35TH ST NEW YORK NY 10016 010901301 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH CROTONA HDFC 158 EAST 35TH ST NEW YORK NY 10016 800797729 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH GATES HDFC 158 EAST 35TH ST NEW YORK NY 10016 461364063 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH ECHO PLACE HDFC 158 EAST 35TH ST NEW YORK NY 10016 462043253 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH HOUSING DEVELOPMENT COMPANY 158 EAST 35TH ST NEW YORK NY 10016 204769072 SUPPORT THE MISSION OF PCMH NY 501(C)(3) LINE 12A, I POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH HULL HDFC 158 EAST 35TH ST NEW YORK NY 10016 273047041 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH LYVERE HDFC 158 EAST 35TH ST NEW YORK NY 10016 453009798 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH TELLER HDFC 158 EAST 35TH ST NEW YORK NY 10016 272996144 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 POSTGRADUATE CENTER WEST 98TH STREET RESIDENCE INC 158 EAST 35TH ST NEW YORK NY 10016 133651283 HOUSING NY 501(C)(3) LINE 10 POSTGRADUATE CENTER FOR MENTAL HEALTH 0 POSTGRADUATE CENTER FOR MENTAL HEALTH 158 EAST 35TH ST NEW YORK NY 10016 131656681 MENTAL HEALTH SERVICES NY 501(C)(3) LINE 10 N/A 0 PCMH SHAKESPEARE HDFC 158 EAST 35TH ST NEW YORK NY 10016 261438583 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 POST GRADUATE CENTER RESIDENCE II OF NEW YORK 158 EAST 35TH ST NEW YORK NY 10016 133411068 HOUSING NY 501(C)(3) LINE 10 POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH MARION AVENUE HDFC 158 EAST 35TH ST NEW YORK NY 10016 474500886 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH 500 GATES HDFC 158 EAST 35TH ST NEW YORK NY 10016 813632004 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH WASHINGTON AVE HDFC 158 EAST 35TH ST NEW YORK NY 10016 833535037 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 PCMH EAST 177 HDFC 158 EAST 35TH ST NEW YORK NY 10016 833829101 HOUSING NY 501(C)(4) POSTGRADUATE CENTER FOR MENTAL HEALTH 0 BRONX PARK EAST HPD LP 158 EAST 35TH ST NEW YORK NY 10016 300403658 AFFORDABLE HOUSING NY BRONX PARK EAST PCMH CORP N/A 0 0 PCMH 2950 GRAND CONCOURSE LP 158 EAST 35TH ST NEW YORK NY 10016 260460234 AFFORDABLE HOUSING NY PCMH 2950 CONCOURSE GP INC N/A 0 0 PCMH CROTONA LP 158 EAST 35TH ST NEW YORK NY 10016 900807029 AFFORDABLE HOUSING NY PCMH CROTONA GP INC N/A 0 0 PCMH EAST 177 LP 158 EAST 35TH ST NEW YORK NY 10016 833999081 AFFORDABLE HOUSING NY PCMH EAST 177 GP INC N/A 0 0 PCMH ECHO PLACE LP 158 EAST 35TH ST NEW YORK NY 10016 900889415 AFFORDABLE HOUSING NY PCMH ECHO PLACE GP INC N/A 0 0 PCMH GATES LP 158 EAST 35TH ST NEW YORK NY 10016 352459538 AFFORDABLE HOUSING NY PCMH GATES GP INC N/A 0 0 PCMH HULL LP 158 EAST 35TH ST NEW YORK NY 10016 273441848 AFFORDABLE HOUSING NY PCMH HULL GP INC N/A 0 0 PCMH LYVERE LP 158 EAST 35TH ST NEW YORK NY 10016 453047140 AFFORDABLE HOUSING NY PCMH LYVERE GP INC N/A 0 0 PCMH MARION AVENUE LP 158 EAST 35TH ST NEW YORK NY 10016 352537107 AFFORDABLE HOUSING NY PCMH MARION AVENUE GP INC N/A 0 0 PCMH SHAKESPEARE AVENUE LP 158 EAST 35TH ST NEW YORK NY 10016 473971134 AFFORDABLE HOUSING NY PCMH SHAKESPEARE AVENUE GP INC N/A 0 0 PCMH TELLER LP 158 EAST 35TH ST NEW YORK NY 10016 273441898 AFFORDABLE HOUSING NY PCMH TELLER GP INC N/A 0 0 PCMH WASHINGTON AVENUE LP 158 EAST 35TH ST NEW YORK NY 10016 833590983 AFFORDABLE HOUSING NY PCMH WASHINGTON AVENUE GP INC N/A 0 0 BRONX PARK EAST PCMH CORP 158 EAST 35TH ST NEW YORK NY 10016 300403567 AFFORDABLE HOUSING NY PCMH HOUSING DEVELOPMENT FUND COMPANY C 0 CHC MANAGEMENT GROUP INC 158 EAST 35TH ST NEW YORK NY 10016 352320042 MANAGEMENT COMPANY NY POSTGRADUATE CENTER FOR MENTAL HEALTH C 0 PCMH 2950 CONCOURSE GP INC 158 EAST 35TH ST NEW YORK NY 10016 260460262 AFFORDABLE HOUSING NY PCMH 2950 GRAND CONCOURSE HDFC C 0 PCMH CROTONA GP INC 158 EAST 35TH ST NEW YORK NY 10016 800795558 AFFORDABLE HOUSING NY PCMH CROTONA PARK HDFC C 0 PCMH EAST 177 GP INC 158 EAST 35TH ST NEW YORK NY 10016 833954987 AFFORDABLE HOUSING NY PCMH EAST 177 HDFC C 0 PCMH ECHO PLACE GP INC 158 EAST 35TH ST NEW YORK NY 10016 461016916 AFFORDABLE HOUSING NY PCMH ECHO PLACE GP INC C 0 PCMH GATES GP INC 158 EAST 35TH ST NEW YORK NY 10016 364746073 AFFORDABLE HOUSING NY PCMH GATES HDFC C 0 PCMH HULL GP INC 158 EAST 35TH ST NEW YORK NY 10016 273441782 AFFORDABLE HOUSING NY PCMH HULL HDFC C 0 PCMH LYVERE GP INC 158 EAST 35TH ST NEW YORK NY 10016 453047114 AFFORDABLE HOUSING NY PCMH LYVERE HDFC C 0 PCMH MARION AVENUE GP INC 158 EAST 35TH ST NEW YORK NY 10016 474510980 AFFORDABLE HOUSING NY PCMH MARION AVENUE HDFC C 0 PCMH RALPH AVENUE GP INC 158 EAST 35TH ST NEW YORK NY 10016 364596005 AFFORDABLE HOUSING NY POSTGRADUATE CENTER FOR MENTAL HEALTH C 0 PCMH SHAKESPEARE AVENUE GP INC 158 EAST 35TH ST NEW YORK NY 10016 473991452 AFFORDABLE HOUSING NY PCMH SHAKESPEARE AVENUE HDFC C 0 PCMH TELLER GP INC 158 EAST 35TH ST NEW YORK NY 10016 273441724 AFFORDABLE HOUSING NY PCMH TELLER HDFC C 0 PCMH WASHINGTON AVENUE GP INC 158 EAST 35TH ST NEW YORK NY 10016 833554450 AFFORDABLE HOUSING NY PCMH WASHINGTON AVENUE HDFC C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0