2023-11-15T14:54:17-06:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 50 ROCKEFELLER PLAZA NEW YORK NY 10020 990 2022-01-01 133496091 HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORP HIGH 7182933100 1465 NELSON AVENUE A BRONX NY 10452 KOBINA ARHIN CEO 7182933100 2023-11-15 1 KOBINA ARHIN 999009999 0 AMANDA ADAMS P00748038 2126971000 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KOBINA ARHIN 1465 NELSON AVENUE A BRONX NY 10452 9848134 0 X X 1989 NY PROVIDE LOW INCOME HOUSING IN HIGHBRIDGE SECTION OF THE BRONX, NY. 5 5 38 0 0 0 244400 0 9368086 9682657 165183 165477 300193 0 10077862 9848134 162408 162408 0 0 3249909 3314503 0 0 0 9381822 8300731 12794139 11777642 -2716277 -1929508 37198979 37644757 89680492 92055778 -52481513 -54411021 PROVIDE LOW INCOME HOUSING IN HIGHBRIDGE SECTION OF BRONX, NY. 0 0 10101782 162408 9682657 HCHDFC OPERATED A 722-APARTMENT-UNIT PROJECT FOR HOMELESS, LOW-INCOME, AND MODERATE-INCOME FAMILIES IN THE BRONX, NEW YORK. THE ORGANIZATION ALSO ENGAGED IN THE DEVELOPMENT AND MARKETING OF TWO-FAMILY HOMES AND IS LEASING LAND FOR DEVELOPMENT IN THE BRONX, NEW YORK. 10101782 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 7182933100 1465 NELSON AVENUE A BRONX NY 10452 MSGR DONALD SAKANO PRESIDENT 2.00 4.00 X X 0 0 0 REV MARK CREGAN TREASURER 0.25 0.50 X X 0 0 0 KENNETH P BROWNE DIRECTOR 0.25 0.50 X 0 0 0 REV JOSEPH FRANCO DIRECTOR 0.25 0.50 X 0 0 0 KEN SINGLETON DIRECTOR 0.25 0.50 X 0 0 0 KOBINA ARHIN SVP/CEO 1.00 34.00 X 0 292398 24210 SIMONE BRISCO CONTROLLER 1.00 34.00 X 0 110000 5306 0 402398 29516 0 0 1 0 HIGHBRIDGE COMMUNITY DEVELOPMENT CORP 1465 NELSON AVENUE STE A BRONX NY 10452 ADMIN & MANAGEMENT 1186091 1 RENTAL INCOME 531110 9150468 9150468 MAINTENANCE MGMT 531390 457109 457109 75080 75080 9682657 165477 165477 9848134 9682657 0 165477 162408 162408 2206247 1701736 504511 183134 183134 763142 691000 72142 161980 110798 51182 706091 706091 24169 24169 70000 70000 635547 462279 173268 449837 344740 105097 624 624 3462621 3462621 6449 6449 617952 617952 761993 761993 881171 881171 SOCIAL SERVICE COSTS 540300 540300 BAD DEBTS 86160 86160 57817 902 56915 11777642 10101782 1675860 0 60315 649237 496530 463605 560677 19388344 19388344 1122238 1336126 78054675 65512041 12410991 12542634 30100 3753486 2641109 37198979 37644757 558281 1327939 86677263 87291543 2444948 3436296 89680492 92055778 X -52481513 -54411021 -52481513 -54411021 37198979 37644757 -1929508 0 X 0 1 X 1 0 X 244400 244400 8489420 8925478 9061720 9433077 9682657 45592352 8489420 8925478 9061720 9677477 9682657 45836752 0 32816 60172 60950 82833 236771 32816 60172 60950 82833 236771 45599981 182273 165445 194524 165183 165477 872902 182273 165445 194524 165183 165477 872902 8671693 9090923 9256244 9842660 9848134 46709654 0.97620 0.97220 0.01870 0.01990 X 8316557 8316557 60680815 60651507 29308 4714951 1513251 3201700 3961366 3205905 755461 380986 141378 239608 12542634 CONSTRUCTION COSTS 137450 DEFERRED LEASE 197441 DUE FROM AFFILIATES 1685458 RESERVE FUND 620760 2641109 TENANT SECURITY DEPOSITS 598896 FINANCED INSURANCE PREMIUM PAYABLE 570352 DUE TO AFFILIATES 2267048 3436296 X 9848134 0 9848134 0 9848134 11777642 0 11777642 0 11777642 PART X, LINE 2: HIGHBRIDGE HDFC RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, MANAGEMENT ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN BY HIGHBRIDGE HDFC AND CONCLUDED THAT THEY TOOK NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. 1 HIGHBRIDGE COMMUNITY DEVELOPMENT CORP 1465 NELSON AVENUE BRONX NY 10452 133860487 501(C)(3) 162408 0 COMMUNITY DEVELOPMENT 1 PART I, LINE 2: GRANTS ARE PROVIDED TO A RELATED ORGANIZATION WITH COMMON MANAGEMENT, THIS ALLOWS FOR THE MONITORING OF GRANT FUNDS. 0 0 0 0 0 0 0 0 0 KOBINA ARHIN SVP/CEO 0 292398 0 0 0 0 0 9076 0 15134 0 316608 0 0 FORM 990, PART VI, SECTION B, LINE 10B THE ORGANIZATION MAINTAINS THE SAME BOARD OF DIRECTORS AS ITS AFFILIATES. THE BOARD MEETS ON A QUARTERLY BASIS TO DISCUSS THE STATUS AND POLICIES OF THE AFFILIATES, WHICH ARE DOCUMENTED IN THE BOARD MINUTES. THE ORGANIZATION DOES NOT HAVE ANY OTHER FORMAL WRITTEN POLICIES AND PROCEDURES GOVERNING THE ACTIVITIES OF AFFILIATES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 IS REVIEWED AND APPROVED BY BOTH THE CONTROLLER AND CEO AND DISCUSSED WITH THE AUDIT & FINANCE COMMITTEE OF THE BOARD BEFORE IT IS FINALIZED AND ISSUED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SENDS OUT AN ANNUAL QUESTIONNAIRE TO THE BOARD MEMBERS AND STAFF. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATED OFFICERS OF THE ORGANIZATION ARE EMPLOYED BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION IS PERFORMED BY THE FINANCE COMMITTEE, WHICH REVIEWS AND APPROVES COMPENSATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, BUT CERTAIN INFORMATION CAN BE OBTAINED UPON REQUEST AT THE ORGANIZATION'S OFFICES. ARTSBRIDGE HDFC 1465 NELSON AVENUE BRONX NY 10452 454823541 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 EXCELSIOR II HDFC 1465 NELSON AVENUE BRONX NY 10452 472422237 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 HIGHBRIDGE COMMUNITY DEVELOPMENT CORP 1465 NELSON AVENUE BRONX NY 10452 133860487 APARTMENT BUILDING MANAGEMENT NY 501(C)(3) LINE 10 0 HIGHBRIDGE SENIOR HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 134094682 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 HIGHBRIDGE TPT HOUSING DEVELOPMENT FUND 1465 NELSON AVENUE BRONX NY 10452 205262130 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 HIGHBRIDGE VOICES CORPORATION 1465 NELSON AVENUE BRONX NY 10452 134191062 COMMUNITY AFTER SCHOOL PROGRAM NY 501(C)(3) LINE 10 0 NELSON SENIOR HOUSING DEVELOPMENT FUND C 1465 NELSON AVENUE BRONX NY 10452 134158791 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 NOSOTROS HOUSING DEVELOPMENT FUND CORP 1465 NELSON AVENUE BRONX NY 10452 133701038 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 NOSOTROS-SHAKESPEARE HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 133787490 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 SHAKESPEARE SENIOR HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 134154583 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 UNIVERSITY AVENUE SENIOR HOUSING DEVELOP 1465 NELSON AVENUE BRONX NY 10452 200638650 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 KIPS BAY COMMUNITY ASSOCIATION INC 1465 NELSON AVENUE BRONX NY 10452 753234900 LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0