2026-01-13T13:59:22-06:00 2025-04-30 333303535 EFPR ADVISORY LLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-05-01 141503655 TROY REHABILITATION AND IMPROVEMENT PROGRAM INC TROY 5182728289 415 RIVER STREET TROY NY 12180 NOAH BAUM PRESIDENT & CEO 5182728289 2026-01-13 1 0 DAVID A URBAN CPA P00630018 7166340700 2026-01-05 2024 2025-03-06 01:10:19Z NOAH BAUM 415 RIVER STREET TROY NY 12180 3537658 0 X HTTPS://TRIPONLINE.ORG/ X 1967 NY CONNECT INDIVIDUALS AND FAMILIES WITH RESOURCES AND KNOWLEDGE TO LIVE IN DESIRABLE HOMES AND CREATE VIBRANT SUSTAINABLE COMMUNITIES 9 9 37 40 0 0 1696454 1612177 1996895 1834253 39 0 60668 91228 3754056 3537658 165000 13778 0 0 2118034 2115278 0 0 105764 1484076 1731714 3767110 3860770 -13054 -323112 4825908 4717241 1204186 1418631 3621722 3298610 CONNECT INDIVIDUALS AND FAMILIES WITH RESOURCES AND KNOWLEDGE TO LIVE IN DESIRABLE HOMES AND CREATE VIBRANT SUSTAINABLE COMMUNITIES. 0 0 3195947 13778 1834253 CONNECT INDIVIDUALS AND FAMILIES WITH RESOURCES AND KNOWLEDGE TO LIVE IN DESIRABLE HOMES AND CREATE VIBRANT SUSTAINABLE COMMUNITIES. 3195947 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 22 0 1 37 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X THE ORGANIZATION 5182728289 415 RIVER STREET TROY NY 12180 ELBERT L WATSON CHAIR 1.00 0.00 X X 0 0 0 TYSHA TYSON-LABOY VICE CHAIR 1.00 0.00 X X 0 0 0 DAVE WARREN SECRETARY 1.00 0.00 X X 0 0 0 JOE DURKIN TREASURER 1.00 1.00 X X 0 0 0 YVONNE DREW IMMEDIATE PAST CHAIR 1.00 0.00 X 0 0 0 MELISSA BROMLEY DIRECTOR 1.00 0.00 X 0 0 0 DAVID VENER DIRECTOR 1.00 1.00 X 0 0 0 AMANDA WILD DIRECTOR 1.00 0.00 X 0 0 0 SUSAN MOYLE LYNCH DIRECTOR 1.00 0.00 X 0 0 0 NOAH BAUM PRESIDENT & CEO 40.00 0.00 X 102355 0 2750 ERIC BARAL CFO/COO 40.00 0.00 X 90811 0 2771 193166 0 5521 1 0 0 0 KR CONTRACTING 15 CORLAER AVENUE SCHENECTADY NY 12304 CONSTRUCTION 171301 I AM CONSTRUCTION OF NY LLC 3 ROLLING RIDGE DRIVE EAST GREENBUSH NY 12144 CONSTRUCTION 142040 MONTESANO GENERAL CONTRACTING INC PO BOX 1343 CLIFTON PARK NY 12065 CONSTRUCTION 129284 3 1499486 112691 1612177 MANAGEMENT FEES 531310 1356016 1356016 RENTAL REVENUE 531390 311985 311985 RENTAL SUBSIDIES 531390 147782 147782 HOME BUYERS CLUB 531390 14060 14060 COUNSELING 531390 4410 4410 1834253 53149 0 53149 53149 MISCELLANEOUS 531390 12886 12886 LATE FEES 531390 7473 7473 WATER 531390 7070 7070 10650 10650 38079 3537658 1834253 0 91228 X 13778 13778 193166 154533 28975 9658 1617639 1294111 242646 80882 19679 15743 2952 984 172923 138338 25938 8647 111871 89497 16781 5593 23100 19635 3465 24031 20426 3605 735718 625361 110357 30599 30599 44011 44011 87926 74737 13189 238097 225454 12643 20847 17720 3127 40867 40867 155456 132138 23318 91563 82407 9156 BAD DEBT 78176 78176 REPAIRS AND MAINTENANCE 63961 57565 6396 EQUIPMENT 22929 22929 TELEPHONE 16632 14137 2495 57801 47796 10005 3860770 3195947 559059 105764 271862 178931 3073 3764 402310 349750 161913 168035 35514 41321 5592174 2749415 2904840 2842759 1046396 1132681 4825908 4717241 260639 286876 38658 40736 326436 499406 578453 591613 1204186 1418631 X 3475796 3298610 145926 0 3621722 3298610 4825908 4717241 -323112 0 X X 0 1 X 1 0 X 1587560 2320441 1388429 1696454 1612177 8605061 1587560 2320441 1388429 1696454 1612177 8605061 8605061 39 39 14897 44846 40616 26926 38079 165364 8770464 9555854 0.98110 0.98720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DAMAGES - 2020 AMOUNT: $ 1,735. 2021 AMOUNT: $ 2,310. 2022 AMOUNT: $ 3,144. 2023 AMOUNT: $ 12,900. 2024 AMOUNT: $ 5,850. WATER - 2020 AMOUNT: $ 2,327. 2021 AMOUNT: $ 4,041. 2022 AMOUNT: $ 6,217. 2023 AMOUNT: $ 8,458. 2024 AMOUNT: $ 7,070. MISCELLANEOUS - 2020 AMOUNT: $ 10,835. 2021 AMOUNT: $ 38,495. 2022 AMOUNT: $ 31,255. 2023 AMOUNT: $ 5,568. 2024 AMOUNT: $ 25,159. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 123952 123952 5287530 2609173 2678357 172094 140242 31852 8598 8598 2842759 INTERCOMPANY (DUE FROM AFFILIATES) 696492 INVESTMENT IN SUBSIDIARY -23995 RIGHT-OF-USE OPERATING LEASE 460184 1132681 DUE TO AFFILIATES 92484 RIGHT-OF-USE OPERATING LEASE 460184 TENANT SECURITY DEPOSITS 38945 591613 X 3537658 0 3537658 0 3537658 3860770 0 3860770 0 3860770 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT TRIP AND RCHR ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TRMC RECOGNIZES A CURRENT OR DEFERRED TAX LIABILITY FOR THE TAX CONSEQUENCES OF ALL EVENTS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. DEFERRED TAXES ARE COMPUTED ON THE DIFFERENCES BETWEEN THE FINANCIAL REPORTING AND THE TAX REPORTING BASIS OF ASSETS AND LIABILITIES. AT APRIL 30, 2025, TRMC HAD A CUMULATIVE FEDERAL NET OPERATING LOSS FOR TAX PROVISIONS OF APPROXIMATELY $700,000, WHICH EXPIRES IN VARIOUS YEARS RANGING FROM 2033 THROUGH 2041. FOR FINANCIAL REPORTING PURPOSES, A VALUATION ALLOWANCE HAS BEEN RECOGNIZED WHICH OFFSETS THE DEFERRED TAX ASSET RELATED PRIMARILY TO NET OPERATING LOSS CARRY FORWARDS. THE ORGANIZATION HAS ADOPTED THE PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 - "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS OF APRIL 30, 2025. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR THE YEARS ENDING BEFORE APRIL 30, 2021, AND CURRENTLY, THERE ARE NO INCOME TAX EXAMINATIONS IN PROCESS NOR HAS THE ORGANIZATION BEEN INFORMED BY ANY PENDING INCOME TAX EXAMINATION. IN REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE ORGANIZATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. ANNUAL DINNER 11999 11999 SIP FOR TRIP 41150 41150 53149 53149 53149 0 ASSISTANCE TO INDIVIDUALS 5 13778 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS FORM 990 AT A REGULARLY SCHEDULED BOARD MEETING BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS ANNUALLY SIGN THE ORGANIZATION'S CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR IS SET BY THE BOARD WITH AN ANNUAL REVIEW EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G AUDIT: PROGRAM SERVICE EXPENSES 11,900. MANAGEMENT AND GENERAL EXPENSES 2,100. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,000. OTHER: PROGRAM SERVICE EXPENSES 613,461. MANAGEMENT AND GENERAL EXPENSES 108,257. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 721,718. FORM 990 PART XII, LINE 2C: NO CHANGE FOR THE CURRENT YEAR. RENSSELAER COUNTY HOUSING RESOURCES 415 RIVER STREET TROY NY 12180 141664058 AFFORDABLE HOUSING NY 501(C)(3) LINE 7 0 HILLSIDE REDEVELOPMENT ASSOCIATION 2171 JUDICIAL DRIVE STE 200 MEMPHIS TN 38138 141637558 LOW INCOME HOUSING NY TROY REHABILITATION & IMPROVEMENT PROGRAM INC RELATED 0 1 0.00500 BLUE RIVER DEVELOPMENT ASSOCIATES 415 RIVER STREET TROY NY 12181 141661313 COMMERCIAL DEVELOPMENT NY TRIP REALTY MANAGEMENT CORP RELATED 0 0 0.14700 TRIP REDEVELOPMENT ASSOCIATES (AKA HILLSIDE ACRES) 415 RIVER STREET TROY NY 12181 141615155 LOW INCOME HOUSING NY TROY REHABILITATION & IMPROVEMENT PROGRAM INC RELATED 0 1 0.01000 HILLSIDE VIEWS APARTMENT MANAGERS LLC 415 RIVER STREET TROY NY 12181 LOW INCOME HOUSING NY TROY REHABILITATION & IMPROVEMENT PROGRAM INC RELATED 0 1 0.50000 HILLSIDE VIEWS APARTMENTS LLC 415 RIVER STREET TROY NY 12181 LOW INCOME HOUSING NY TROY REHABILITATION & IMPROVEMENT PROGRAM INC RELATED 0 0 0.01000 TRIP REALTY MANAGEMENT CORP 415 RIVER STREET TROY NY 12180 141644563 REAL ESTATE MANAGEMENT NY TROY REHABILITATION & IMPROVEMENT PROGRAM INC C 1.00000 1 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 TRIP REALTY ASSOCIATES D 621674 GAAP BLUE RIVER DEVELOPMENT ASSOCIATES D 75000 GAAP BLUE RIVER DEVELOPMENT ASSOCIATES L 59827 GAAP TRIP REDEVELOPMENT ASSOCIATES L 168399 GAAP HILLSIDE REDEVELOPMENT ASSOCIATES L 350614 GAAP HILLSIDE VIEWS APARTMENTS L 137429 GAAP