2026-02-10T10:24:44-05:00 2025-12-31 474753799 THE ZLC GROUP CPAS LLC 2399 SWEET HOME RD AMHERST NY 14228 990 2025-01-01 260293748 LEWISTON MEADOWS ELDERLY HOUSING DEVELOPMENT FUND CORPORATION LEWI 7162984966 922 UPPER MOUNTAIN ROAD LEWISTON NY 14092 DIANE STEIN VP/SECT/TREASURER 7162984966 2026-01-26 true RICHARD M TEIBEL CPA P00806183 7168399001 2026-02-09 X 2025 2025-03-06 01:10:19Z NANCY JOSEPH 922 UPPER MOUNTAIN ROAD LEWISTON NY 14092 164256 false X SAGEMANAGEMENTCORP.COM X 2007 NY PROVISION OF A 24 UNIT HOUSING COMPLEX FOR LOW INCOME ELDERLY PEOPLE 7 7 0 6 0 0 162615 164256 0 0 162615 164256 0 0 0 0 0 205154 230424 205154 230424 -42539 -66168 1878334 1814531 2527474 2529839 -649140 -715308 PROVISION OF A 24 UNIT HOUSING COMPLEX FOR LOW-INCOME ELDERLY PEOPLE false false 227615 164256 PROVISION OF A 24 UNIT HOUSING COMPLEX FOR LOW INCOME ELDERLY PEOPLE OPERATING UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). 227615 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false true false true false false false false false false false false false true 2 0 0 false false false false false false false false false false false false false false X 7 7 false true false false true true true true true false false false true true true false true true true false NY X NANCY JOSEPH 7162984966 922 UPPER MOUNTAIN ROAD LEWISTON NY 14092 NANCY JOSEPH DIRECTOR 3.00 22.00 X 0 31342 0 ANMARIE ANDRESEN PRESIDENT 2.00 0.10 X X 0 0 0 WILLIAM CORREA DIRECTOR 0.10 0.10 X 0 0 0 MELISA GREEN DIRECTOR 0.10 0.10 X 0 0 0 CARMEN J PINO DIRECTOR 0.10 0.10 X 0 0 0 DIANE STEIN VP/SECT/TREA 0.10 0.10 X X 0 0 0 DONNA TOMKINS DIRECTOR 0.10 0.10 X 0 0 0 31342 false false false TENANT RENTS 531110 120698 120698 HUD RENTAL SUBSIDY 531110 39374 39374 MISCELLANEOUS INCOME 531110 3234 3234 LAUNDRY AND VENDING REVEN 760 760 RESERVE CD 190 190 164256 164256 164256 20006 20006 10800 9330 1470 118 118 5207 5207 72997 72997 11633 10319 1314 REPAIRS & MAINTENANCE 61478 61478 ALLOC. PAYROLL/BENE/TAXES 31342 31342 UTILITIES 13753 13753 REAL ESTATE TAX 2979 2979 111 86 25 230424 227615 2809 0 3065 1572 176351 160238 2771403 1118682 1698918 1652721 1878334 1814531 1419 3636 2517200 2517200 8855 9003 2527474 2529839 X -649140 -715308 -649140 -715308 1878334 1814531 -66168 X false true true true X 126991 136303 149904 162615 164256 740069 126991 136303 149904 162615 164256 740069 740069 126991 136303 149904 162615 164256 740069 1.00000 1.00000 0.00000 0.00000 X 30000 30000 2680834 1084068 1596766 60569 34614 25955 1652721 TENANT SECURITY DEPOSITS 9003 9003 X 164256 164256 164256 230424 230424 230424 SCHEDULE D, PAGE 3, PART X THE PROJECT IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER IRC 501(C)(3) AND AS SUCH IS NOT REQUIRED TO PAY INCOME TAXES. FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION (FASB ASC) 740-10-50-15, INCOME TAXES, CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A NOT-FOR-PROFIT CORPORATION FINANCIAL STATEMENT, AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. THE PROJECT HAS CONCLUDED THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2025. GENERALLY, 2022 THROUGH 2025 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AND NEW YORK STATE TAX AUTHORITIES. SAGE MANAGEMENT CORP SEE SCHEDULE R MANAGEMENT FEE false SAGE MANAGEMENT CORP SEE SCHEDULE R ALLOC. OF PAYROLL false FORM 990 ADDITIONAL INFORMATION TO FORM 990 SCHEDULE R: ALL ENTITIES LISTED ON SCHEDULE R PARTS II-IV ARE UNDER THE MANAGEMENT UMBRELLA OF SAGE MANAGEMENT CORPORATION. FORM 990, PAGE 6, PART VI, LINE 3 THE ENTITY DELEGATES ALL MANAGEMENT RESPONSIBILITIES TO SAGE MANAGEMENT CO RPORATION (SAGE). FORM 990, PAGE 6, PART VI, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS ORGANIZED WITH MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A IF ANY MEMBER OF THE CORPORATE BOARD RESIGNS OR VACATES HIS OR HER OFFICE THE REMAINING CORPORATE BOARD MEMBERS HAVE THE AUTHORITY TO APPOINT A REP LACEMENT. FORM 990, PAGE 6, PART VI, LINE 7B ALL DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE APPROVAL OF THE MEM BERS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 AND SCHEDULES ARE REVIEWED BY THE PRESIDENT, ANMARIE ANDRESEN AND BY IRENE ELIA, PRESIDENT OF SAGE MANAGEMENT CORPORATION, THE COMPANY THAT MANAGES THE ENTITY. FORM 990, PAGE 6, PART VI, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST UPON DISCOVERY. THIS IS REVIEWED AT THE ANNUAL MEETING OF THE DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A AS PART OF THE HUD BUDGET APPROVAL ALL COMPENSATION IS REVIEWED. FORM 990, PAGE 6, PART VI, LINE 15B THE ENTITY DID NOT COMPENSATE ANY EMPLOYEE, OFFICER, OR DIRECTOR AND DOES NOT ANTICIPATE COMPENSATING THEM IN THE FUTURE. AS REPORTED ON FORM 990 PAGE 10 PART IX LINE 24B A TOTAL OF 31,342 IN PAYROLL AND RELATED TAXES AND BENEFITS THAT WAS PAID BY SAGE MANAGEMENT CORPORATION WAS ALLOCATED TO THIS ENTITY. FORM 990, PAGE 6, PART VI, LINE 19 THE ENTITY'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.