2026-08-13T14:31:08-05:00 2025-09-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-10-01 135563411 THE WEBSTER APARTMENTS WEBS 2129679000 PO BOX 120 CONGERS NY 10920 SIOBHAN MCMANUS EXECUTIVE DIRECTOR 2129679000 2026-08-13 1 1 GARRETT M HIGGINS P00543209 2122862600 2026-08-13 2024 2025-03-06 01:10:19Z SIOBHAN MCMANUS PO BOX 120 CONGERS NY 10920 1145560 0 X WWW.WEBSTERAPARTMENTS.ORG X 1916 NY TO PROVIDE SAFE, AFFORDABLE SHORT-TERM ACCOMMODATIONS FOR WOMEN WORKING, TRAINING AND/OR STUDYING IN NEW YORK CITY. 8 8 7 8 0 0 500 6000 1525637 1093684 446826 45876 0 0 1972963 1145560 0 0 0 0 1007234 938618 0 0 0 2897341 3495429 3904575 4434047 -1931612 -3288487 54988528 52842533 1767766 2672166 53220762 50170367 TO PROVIDE SAFE, AFFORDABLE SHORT-TERM ACCOMMODATIONS SPECIFICALLY FOR WOMEN WORKING, TRAINING, AND/OR STUDYING IN NEW YORK CITY. THE WEBSTER PROMOTES A HEALTHY WELCOMING ENVIRONMENT, PROVIDING NUTRITIOUS MEALS, COMFORTABLE SURROUNDINGS, AND THE OPPORTUNITY TO CONNECT WITH OTHERS. 0 0 4074618 0 1093684 THE WEBSTER APARTMENTS OFFERS SAFE AND AFFORDABLE ACCOMMODATIONS SPECIFICALLY FOR WOMEN WHO ARE WORKING, STUDYING, INTERNING, OR TRAINING IN NEW YORK CITY. ONLY WOMEN WHO ARE WORKING FULL-TIME, ENROLLED IN AN UNDERGRADUATE OR GRADUATE PROGRAM AT A COLLEGE OR UNIVERSITY, TRADE, TECHNICAL OR OTHER SCHOOL PROGRAM; OR ARE WORKING FOR AN INTERNSHIP, TRAINEESHIP, FELLOWSHIP, OR CLERKSHIP ARE ELIGIBLE TENANTS OF THE APARTMENTS. GUESTS WERE WELCOMED IN MAY OF 2025, AND BUILDING OCCUPANCY IS APPROACHING FULL CAPACITY AS OF YEAR END. REPAIRS ARE UNDERWAY TO PREPARE THE REMAINING VACANT ROOMS FOR OCCUPANCY. 4074618 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 47 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X LYUDMILA MANN 2129679000 PO BOX 120 CONGERS NY 10920 ROY J BERNSTEIN PRESIDENT 3.00 X X 0 0 0 STEVEN GYORY VICE PRESIDENT 1.00 X X 0 0 0 ANNETTE CLEARWATERS TREASURER 1.00 X X 0 0 0 ANDREW S BLATT SECRETARY 1.00 X X 0 0 0 GEORGE CURTIS DIRECTOR 1.00 X 0 0 0 DANIELLE LESSER DIRECTOR 1.00 X 0 0 0 KATHRYN R STOKES DIRECTOR 1.00 X 0 0 0 KATHLEEN WOODRUFF DIRECTOR 1.00 X 0 0 0 SIOBHAN MCMANUS EXECUTIVE DIRECTOR 40.00 X 348275 0 53357 JOHN A RICH DIRECTOR OF FACILITIES 40.00 X 153926 0 31882 TARA SCOTT DIRECTOR GUEST SERVICES 40.00 X 157003 0 29919 659204 0 115158 3 0 1 0 JRM CONSTRUCTION MANAGEMENT LLC 111 WEST 33RD STREET 4TH FLOOR NEW YORK NY 10018 GENERAL CONTRACTING SERVICES 5395135 ZUBATKIN OWNER REPRESENTATION LLC 25220 HANCOCK AVENUE SUITE 440 MURRIETA CA 92562 BUILDING CONSULTING SERVICES 336232 FXCOLLABORATIVE ARCHITECTS LLP 1 WILLOUGHBY SQUARE 7TH FLOOR BROOKLYN NY 11201 ARCHITECTURAL SERVICES 230977 UNLIMITED PLUMBING SOLUTIONS INC 42-34 235TH STREET DOUGLASTON NY 11363 PLUMBING SERVICES 154232 INDRANIE SANICHER 69 HINSDALE AVENUE FLORAL PARK NY 11001 IT CONSULTING 111312 6 6000 6000 ROOM AND BOARD 721310 1007819 1007819 OTHER TENANT INCOME 721000 85865 85865 1093684 45876 45876 1145560 1093684 0 45876 339084 318558 20526 397164 373123 24041 84932 84932 77895 73180 4715 39543 37150 2393 87374 87374 99375 67076 32299 31819 31819 266340 221411 44929 126429 126429 311474 303820 7654 155571 146154 9417 1025471 1025471 9503 8928 575 39984 39984 477034 477034 103043 51313 51730 REPAIRS & MAINTENANCE 483277 483277 CLEANING & LAUNDRY 123002 123002 FOOD AND RELATED EXP - 79891 79891 CAPITALIZED EXPENSES 38641 38641 37201 32786 4415 4434047 4074618 359429 0 237263 712301 3273745 84729 37383 72759 320604 232573 52231447 526549 50552077 51704898 3778 0 563678 35273 54988528 52842533 1144629 372875 86850 299291 536287 2000000 1767766 2672166 X 53220762 50170367 53220762 50170367 54988528 52842533 X -3288487 238092 X 0 1 X 1 0 X 1253905 847365 25502 500 6000 2133272 2525826 5722748 2072872 1525637 1093684 12940767 3779731 6570113 2098374 1526137 1099684 15074039 2550 2550 0 2550 2550 15071489 4924 27381 481461 446826 45876 1006468 4924 27381 481461 446826 45876 1006468 3784655 6597494 2579835 1972963 1145560 16080507 0.93730 0.94340 0.06260 0.05420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8500000 8500000 43062207 368053 42694154 669240 158496 510744 51704898 LINE OF CREDIT - WEBSTER BANK 2000000 2000000 X 1383652 238092 238092 1145560 0 1145560 4402228 0 4402228 31819 31819 4434047 PART X, LINE 2: THE CORPORATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IN ITS FINANCIAL STATEMENTS ONLY IF IT IS MORE-LIKELY-THAN-NOT (I.E., A LIKELIHOOD OF MORE THAN 50%) THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE CORPORATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2025. THE CORPORATION'S TAX RETURNS FOR ALL YEARS SINCE FISCAL 2022 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION INCOME, NET 238,092. X 1 1 X X X 0 0 0 0 0 0 0 1 0 SIOBHAN MCMANUS EXECUTIVE DIRECTOR 330991 0 0 0 17284 0 47663 0 5694 0 401632 0 0 0 TARA SCOTT DIRECTOR GUEST SERVICES 126765 0 30000 0 238 0 20693 0 9226 0 186922 0 0 0 JOHN A RICH DIRECTOR OF FACILITIES 123567 0 30000 0 359 0 16585 0 15297 0 185808 0 0 0 PART I, LINE 1A AN EMPLOYEE MAY QUALIFY TO HAVE THE OUT-OF-POCKET COST OF OBTAINING OUTSIDE MEDICAL COVERAGE PAID DIRECTY TO THEM, INCLUDING TAX GROSS UP PAYMENTS, IF ALL THE FOLLOWING CONDITIONS OCCUR: -THE EMPLOYEE HAS AT LEAST 5 YEARS CONTINUOUS SERVICE WITH THE COMPANY. -THE EMPLOYEE HAS NEVER ELECTED COMPANY-PAID MEDICAL BENEFITS DURING THEIR TENURE WITH THE COMPANY. -THE EMPLOYEE WISHES TO OBTAIN MEDICAL COVERAGE FROM A CARRIER OR PLAN OTHER THAN THAT OFFERED BY THE EMPLOYER. - THE EMPLOYEE LOSES SPOUSAL MEDICAL BENEFITS THROUGH DIVORCE OR THAT SPOUSE'S LOSS OF EMPLOYMENT, RETIREMENT OR DEATH. -THE MONTHLY COST TO THE EMPLOYER, INCLUDING GROSS UP PAYMENTS, IS NOT SUBSTANTIALLY DIFFERENT THAN WHAT THE EMPLOYER'S NET COST WOULD HAVE BEEN IF THE EMPLOYEE HAD ELECTED COMPANY-PAID MEDICAL BENEFITS. - ALL SUCH PAYMENTS ARE INCLUDED IN THE EMPLOYEE'S TAXABLE INCOME AND PAID THROUGH THE EMPLOYER'S PAYROLL SYSTEM. IF THE EMPLOYEE DOES NOT SATISFY ALL OF THE ABOVE REQUIREMENTS, DIRECT REIMBURSEMENT PAYMENTS CANNOT BE MADE, BUT THE EMPLOYEE STILL QUALIFIES TO PARTICIPATE IN THE EMPLOYER SPONSORED MEDICAL PLAN THEN IN EFFECT. PART I, LINE 7 THE ORGANIZATION PAID BONUS COMPENSATION TO INDIVIDUALS REPORTED IN PART VII AND SCHEDULE J, PART II. THIS COMPENSATION IS INCLUDED IN THEIR REPORTABLE COMPENSATION AND WAS APPROVED BY THE COMPENSATION COMMITTEE AND THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY A PROFESSIONAL ACCOUNTING FIRM. THE 990 IS FIRST REVIEWED BY THE ORGANIZATION'S FINANCIAL CONSULANT AND SUBSEQUENTLY REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE. IT IS THEN DISTRIBUTED VIA EMAIL TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO ALL BOARD MEMBERS, OFFICERS AND EMPLOYEES. ALL APPLICABLE INDIVIDUALS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT ANNUALLY, DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST AND ARE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. AFTER DISCLOSURE, THE INTERESTED PERSON LEAVES THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OF DIRECTORS DECIDE IF A CONFLICT EXISTS. THE INTERESTED PERSON IS NOT ELIGIBLE TO VOTE ON MATTERS DIRECTLY PERTAINING TO THE BUSINESS TO BE TRANSACTED. DISCUSSIONS PERTAINING TO CONFLICT OF INTERESTS ARE DOCUMENTED IN THE MINUTES OF THE BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, RECOMMENDS COMPENSATION INCREASES FOR THE EXECUTIVE DIRECTOR. THESE RECOMMENDATIONS ARE SUBMITTED TO THE BOARD FOR APPROVAL EACH YEAR AND ARE DOCUMENTED IN THE MEETING MINUTES. THE COMPENSATION COMMITTEE USES COMPARABLE DATA, INCLUDING FORM 990S OF OTHER ORGANIZATIONS, TO DETERMINE THE APPROPRIATE LEVEL OF COMPENSATION. THE COMPENSATION REVIEW PROCESS LAST TOOK PLACE IN 2025. 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. THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACCRUED PENSION COSTS 238,092.