2023-12-22T12:16:44-06:00 2023-09-30 061667465 PRAGER METIS CPAS LLC 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 10573 990 2022-10-01 132986206 THORPE HOUSING DEVELOPMENT FUND COMPANY THOR 8453590454 6 THORPE DRIVE SPARKHILL NY 10976 MATTHEW JANECZKO EXECUTIVE DIRECTOR 8453590454 2023-12-22 1 MATTHEW JANECZKO 999009999 1 JAMES R D'ARCANGELO P00836264 9146944600 2023-12-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATTHEW JANECZKO 6 THORPE DRIVE SPARKILL NY 10976 3957841 0 X N/A X 1978 NY TO PROVIDE AFFORDABLE RESIDENTIAL HOUSING TO LOW-INCOME SENIOR CITIZENS AND HANDICAPPED UNDER SECTION 221(D)(4) OF THE HOUSING ACT OF 1959. 9 9 14 0 0 0 3749237 0 1012320 3821297 4774 97628 5495 38916 4771826 3957841 0 1999994 0 0 648634 700503 0 0 0 2648766 2795476 3297400 5495973 1474426 -1538132 22131702 19901754 13492049 12800233 8639653 7101521 TO PROVIDE AFFORDABLE RESIDENTIAL HOUSING TO LOW-INCOME SENIOR CITIZENS AND HANDICAPPED UNDER SECTION 221(D)(4) OF THE HOUSING ACT OF 1959. 0 0 4679064 1999994 3821297 PROVIDES AFFORDABLE RESIDENTIAL HOUSING TO LOW-INCOME SENIOR CITIZENS AND HANDICAPPED UNDER SECTION 221(D)(4) OF THE HOUSING ACT OF 1959. 4679064 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 14 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X URSULA JOYCE 8453590454 ROUTE 340 SPARKILL NY 10976 X SR EILEEN GANNON PRESIDENT 1.00 2.00 X X 0 0 0 SR MARY DUNNING VICE PRESIDENT 1.00 2.00 X X 0 0 0 SR MARYANN SUMMA TREASURER 9.00 2.00 X X 0 0 0 SR LESLEY BLOCK SECRETARY 1.00 2.00 X X 0 0 0 SR AILEEN DONOVAN MEMBER 1.00 X 0 0 0 MARY ANNE EVANGELIST MEMBER 1.00 X 0 0 0 MARY LOFTUS MEMBER 1.00 X 0 0 0 NANCY QUINN MEMBER 1.00 X 0 0 0 BRIAN SPILLANE MEMBER 1.00 X 0 0 0 MATTHEW JANECZKO EXECUTIVE DIRECTOR 1.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 SUBSIDY INCOME 531110 2740162 2740162 AFFORDABLE HOUSING REN 531110 1081135 1081135 3821297 97628 97628 LAUNDRY INCOME 531390 23924 23924 MISC. INCOME 531390 8649 8649 OFFICE RENT 531390 4880 4880 1463 1463 38916 3957841 3821297 0 136544 1999994 1999994 483344 294622 188722 175048 175048 42111 42111 344555 344555 14319 14319 33540 33540 22407 22407 166182 166182 526067 526067 666810 666810 289304 289304 REPAIRS, MAINTENANCE AN 174553 174553 REAL ESTATE TAXES 168099 168099 GROUNDS & SECURITY CONT 108880 108880 BOOKKEEPING 91460 91460 189300 67394 121906 5495973 4679064 816909 0 22430 508338 711048 2260153 107686 211527 252366 31042517 17435883 14115282 13606634 601065 4921245 4715682 22131702 19901754 73265 194772 2103 13275413 12507590 143371 95768 13492049 12800233 X 8639653 7101521 8639653 7101521 22131702 19901754 -1538132 0 X 0 1 X 1 1 1 X 1701735 1718218 1698795 3749237 1999994 10867979 1005956 1035466 1034986 1012320 4088728 2707691 2753684 2733781 4761557 1999994 14956707 0 0 0 14956707 13009 21170 3057 4774 97628 139638 13009 21170 3057 4774 97628 139638 8345 7918 36858 5495 38916 97532 2729045 2782772 2773696 4771826 2136538 15193877 0.98440 0.99270 0.00920 0.00300 X 319914 319914 29596244 16437685 13158559 624533 559996 64537 501826 438202 63624 13606634 SECURITY DEPOSITS 95768 MORTGAGE ESCROWS 280860 REPLACEMENT RESERVE 1464616 OPERATING RESERVE 2874438 4715682 TENANT SECURITY DEPOSIT PAYABLE 95768 95768 X 3957841 0 3957841 0 3957841 5495973 0 5495973 0 5495973 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE CODE. BEING A NONSTOCK CORPORATION NOT ORGANIZED FOR PROFIT, THE CORPORATION IS EXEMPT FROM NEW YORK STATE FRANCHISE TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE EVALUATION OF THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CORPORATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT SUSTAINABLE UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE TAX POSITIONS, AND THEN RECOGNIZING THE TAX BENEFIT THAT IS MORE LIKELY THAN NOT REALIZABLE. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE IN THE CURRENT REPORTING PERIOD. MANAGEMENT BELIEVES ANY SUCH POSITIONS WOULD BE IMMATERIAL TO THE OVERALL FINANCIAL STATEMENTS. THE CORPORATION'S FEDERAL AND STATE TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM WHEN THEY ARE FILED. 1 SCOPE HOUSING DEVELOPMENT LLC 150 BRIELLE AVENUE STATEN ISLAND NY 10314 922820288 1996994 0 TO ASSIST IN THE CONSTRUCTION OF A NEW LOW INCOME HOUSING PROJECT. 1 FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS MUST APPROVE THE FEDERAL TAX FORM 990 AND THE RELATED STATE TAX FILINGS AFTER IT HAS RECEIVED A FORMAL PRESENTATION BY THE OUTSIDE INDEPENDENT AUDITORS AND ACCOUNTANTS REGARDING THESE FILINGS IN AN ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE BOARD OF DIRECTORS MUST APPROVE THE FEDERAL TAX FORM 990 AND THE RELATED STATE TAX FILINGS AFTER IT HAS RECEIVED A FORMAL PRESENTATION BY THE OUTSIDE INDEPENDENT AUDITORS AND ACCOUNTANTS REGARDING THESE FILINGS IN AN ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS RENEWED ANNUALLY WITH ALL OFFICERS OF THE ORGANIZATION. POTENTIAL CONFLICTS ARE BROUGHT TO THE EXECUTIVE COMMITTEE FOR REVIEW AND OFFICERS FOUND TO HAVE CONFLICT OF INTEREST ARE ASKED TO RESIGN OR ABSTAIN FROM INVOLVEMENT IN ALL RELATED PROJECTS. FORM 990, PART VI, SECTION B, LINE 15 DECISION REGARDING COMPENSATION IS BASED ON THE RECOMMENDATION OF AN INDEPENDENT COMMITTEE THAT CONSIDERS PERFORMANCE, SCOPE OF RESPONSIBILITIES, AND SALARY COMPENSATION FOR SIMILAR POSITIONS. FINAL APPROVAL FOR CEO COMPENSATION MUST BE APPROVED BY THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AFTER APPROVAL OF THE FINANCIAL STATEMENTS BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS, THE ORGANIZATION MAKES AVAILABLE ALL GOVERNANCE DOCUMENTS, POLICY STATEMENTS, FINANCIAL STATEMENTS AND TAX RETURNS TO THE PUBLIC, UPON WRITTEN REQUEST. THE ORGANIZATION ALSO TIMLY FILES ITS ANNUAL CHAR 500 REPORT WITH THE NYS ATTORNEY GENERAL AND ALL OF ITS FILINGS ARE MADE AVAILABLE THROUGH THE NYSOAG CHARITIES WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT. SISTERS OF CHARITY HOUSING DEVELOPMENT CORPORATION 150 BRIELLE AVENUE STATEN ISLAND NY 103146424 134031037 SUPPORT LOW INCOME HOUSING NY 501(C)(3) LINE 10 0 THORPE VILLAGE INC 6 THORPE DRIVE PO BOX 254 SPARKILL NY 10976 133054372 MANAGEMENT NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THORPE VILLAGE INC M 436015 CASH VALUE