2026-08-07T09:18:32-05:00 2025-12-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2025-01-01 113289580 MRC HOUSING DEVELOPMENT FUND COMPANY INC MRCH 8453682400 539 ALABAMA AVENUE BROOKLYN NY 11207 GREGORY COLIMON EXECUTIVE DIRECTOR 8453682400 2026-08-04 1 CHRISTINE CARTER P00487202 8506500125 2025 2025-03-06 01:10:19Z GREGORY COLIMON 539 ALABAMA AVENUE BROOKLYN NY 11207 895772 0 X N/A X 1995 NY TO PROVIDE LOW INCOME HOUSING TO SENIOR AND DISABLED PEOPLE. 1 0 0 0 0 0 0 0 920835 895000 417 772 0 0 921252 895772 0 0 0 0 152986 160404 0 0 0 935840 1017838 1088826 1178242 -167574 -282470 1681243 1601444 5146010 5348681 -3464767 -3747237 TO PROVIDE LOW INCOME HOUSING TO ELDERLY OR DISABLED CITIZENS. 0 0 1093801 895000 OPERATE A 54 UNIT, LOW INCOME APARTMENT COMPLEX FOR THE ELDERLY. 1093801 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 NY X ARCO MANAGEMENT CORPORATION 8453682400 152 W 57TH STREET 18TH FLOOR NEW YORK NY 10019 X ANTHONY MAMMINA CHAIRMAN 0.50 1.00 X X 0 0 0 IVAN B HEYWARD TREASURER 0.50 1.00 X X 0 0 0 DIANTHA M WILSON SECRETARY 0.50 1.00 X X 0 0 0 CAROLINE FAULKNER DIRECTOR 0.50 1.00 X 0 0 0 LYSCHEL WILKERSON DIRECTOR 0.50 1.00 X 0 0 0 GREGORY COLIMON EXECUTIVE DIRECTOR 2.00 40.00 X 0 0 0 0 0 0 0 0 0 0 EAST BROOKLYN SECURITY SERVICES CORPEAST 539 ALABAMA AVENUE BROOKLYN NY 11207 SECURITY SERVICES 195293 1 RENTAL INCOME - SECTIO 531110 644641 644641 RENTAL INCOME - TENANT 531110 250359 250359 895000 772 772 895772 895000 0 772 119191 119191 31262 31262 9951 9951 52744 52744 750 750 13730 13730 620 620 11371 11371 248730 248730 204429 204429 118140 118140 SECURITY CONTRACT 176000 176000 REPAIRS AND MAINTENANCE 171282 171282 MISCELLANEOUS ADMINISTR 16597 16597 MISCELLANEOUS TAXES 3445 3445 1178242 1093801 84441 0 912 22188 8263 13280 59165 60240 5735218 5175278 724010 559940 888893 945796 1681243 1601444 43644 164162 1338 424 5065800 5065800 83099 35228 35196 5146010 5348681 X -3464767 -3747237 -3464767 -3747237 1681243 1601444 -282470 0 X X 0 1 X 1 1 1 X 897480 905748 927960 920835 895000 4547023 897480 905748 927960 920835 895000 4547023 0 0 0 4547023 522 377 828 417 772 2916 522 377 828 417 772 2916 898002 906125 928788 921252 895772 4549939 0.99940 0.99940 0.00060 0.00060 X 92250 92250 5370332 4926574 443758 153610 129678 23932 119026 119026 0 559940 REPLACEMENT RESERVES 366095 TENANT SECURITY DEPOSITS 17155 ESCROW DEPOSITS 525230 RESIDUAL RECEIPTS RESERVE 37316 945796 DUE TO AFFILIATES 19123 SECURITY DEPOSIT PAYABLE 16073 35196 X 895772 0 895772 0 895772 1178242 0 1178242 0 1178242 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES A MANAGEMENT COMPANY, ARCO MANAGEMENT CORPORATION, TO OPERATE THE APARTMENT COMPLEX AND TO VERIFY THAT THE TENANTS ARE IN COMPLIANCE WITH THE ORGANIZATION'S EXEMPT PURPOSE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS SUBMITTED TO THE CONTROLLERS OFFICE OF THE SPONSOR AND TO THE MANAGING AGENT TO BE REVIEWED AND DISCUSSED WITH THE PRESIDENT/CEO OF THE SPONSOR AGENCY. FORM 990, PART VI, SECTION B, LINE 12C THE CONTROLLER AND PRESIDENT/CEO OF THE SPONSOR AGENCY MONITOR AND ENFORCE THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION FILES ITS ANNUAL REGISTRATION WITH THE CHARITY BUREAU WHERE THE FINANCIAL STATEMENTS ARE OPEN TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE AUDIT REPORT IS SUBMITTED TO THE CONTROLLER'S OFFICE OF THE SPONSOR AND TO THE MANAGING AGENT FOR REVIEW. EAST NEW YORK URBAN YOUTH CORP INC 539 ALABAMA AVENUE BROOKLYN NY 11207 112799145 LOW INCOME HOUSING/COMMUNITY DEVELOPMENT NY 501(C)(3) LINE 7 N/A 0 518 PENNSYLVANIA HOUSING DEVELOPMENT FUND CORPORATION 539 ALABAMA AVENUE BROOKLYN NY 11207 113169381 LOW INCOME HOUSING NY 501(C)(3) LINE 12A, I EAST NEW YORK URBAN YOUTH CORP 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0