2023-08-23T12:34:30-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 133756602 BIRNAM WOOD ASSOCIATES LTD BIRN 9144284507 470 MAMARONECK AVENUE WHITE PLAINS NY 10605 BETSY ELLISON CHIEF FINANCIAL OFFICER 9144284507 2023-08-23 1 BETSY ELLISON 999009999 1 GARRETT M HIGGINS P00543209 9143818900 2023-08-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARLENE ZARFES 470 MAMARONECK AVENUE WHITE PLAINS NY 10605 43300 0 X N/A X 1994 NY THE ORGANIZATION WAS FORMED TO OWN REAL ESTATE USED IN PROVIDING HOUSING AND SERVICES TO LOW AND MODERATE INCOME INDIVIDUALS WHO HAVE MENTAL HEALTH AND/OR SUBSTANCE ABUSE ISSUES. 4 4 0 4 0 0 0 43300 0 0 0 0 0 0 0 43300 0 0 0 0 0 0 0 0 0 31488 41988 31488 41988 -31488 1312 418534 409258 430445 419857 -11911 -10599 THE ORGANIZATION WAS FORMED TO OWN REAL ESTATE USED IN PROVIDING HOUSING AND SERVICES TO LOW AND MODERATE INCOME INDIVIDUALS WHO HAVE MENTAL HEALTH AND/OR SUBSTANCE ABUSE ISSUES. 0 0 41988 0 0 THROUGH A PROPERTY MANAGEMENT AGREEMENT WITH WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC., THE ORGANIZATION PROVIDES AFFORDABLE HOUSING AND SERVICES TO 11 INDIVIDUALS WITH LOW AND MODERATE INCOME. 41988 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 NY X X ELIZABETH ELLISON 9144284507 470 MAMARONECK AVENUE WHITE PLAINS NY 10605 ALAN R WOLFERT ESQ PRESIDENT 0.50 1.00 X X 0 0 0 HENRY J CARNAGE VP/TREASURER 0.50 1.00 X X 0 0 0 THOMAS C RICE VP/SECRETARY 0.50 1.00 X X 0 0 0 NICK BEILENSON PRESIDENT THRU FEB. 2022 0.50 1.00 X X 0 0 0 MARLENE ZARFES EXECUTIVE DIRECTOR 1.00 34.00 X 0 125576 17176 0 125576 17176 0 0 0 0 0 43300 43300 43300 0 0 0 41988 41988 41988 41988 0 0 10588 0 752050 342792 407946 409258 418534 409258 430445 419857 430445 419857 X -11911 -10599 -11911 -10599 418534 409258 1312 0 X 0 1 X 0 0 X X 1 WESTCHESTER RESIDENTIAL OPPORTUNITIES INC 132617705 7 0 0 43300 1 0 43300 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 1: BIRNAM WOOD ASSOCIATES, LTD. WAS FORMED TO OWN REAL ESTATE USED IN PROVIDING HOUSING AND SERVICES TO LOW AND MODERATE INCOME INDIVIDUALS WHO HAVE MENTAL HEALTH AND/OR SUBSTANCE ABUSE ISSUES. THE ORGANIZATION HOLDS TITLE TO PROPERTY THAT IT LEASES TO ITS PARENT ORGANIZATION, WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. ("WRO"). THROUGH A PROPERTY MANAGEMENT AGREEMENT WITH WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC., THE ORGANIZATION PROVIDES AFFORDABLE HOUSING AND SERVICES TO 12 INDIVIDUALS WITH LOW AND MODERATE INCOME. BIRNAM WOOD SERVES A SIMILAR CLASS OF INDIVIDUALS AS ITS SUPPORTED ORGANIZATION, WRO. IN ADDITION, THE ORGANIZATIONS HAVE A HISTORIC RELATIONSHIP BASED ON THE PARENT-SUBSIDIARY RELATIONSHIP THAT HAS BEEN IN PLACE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 100000 652050 342792 309258 409258 DUE TO RELATED PARTY 419857 419857 X 7064520 7021220 7021220 43300 0 43300 5636294 5594306 5594306 41988 0 41988 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITY 7,021,220. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITY 5,594,306. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC., HAS THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ANY OR ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS MAY BE REMOVED WITH OR WITHOUT CAUSE BY VOTE OF THE SOLE MEMBER OF THE CORPORATION. THE BOARD OF DIRECTORS MAY REMOVE ANY DIRECTOR THEREOF FOR CAUSE ONLY. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B BIRNAM WOODS ASSOCIATES, LTD. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND WESTCHESTER RESIDENTIAL OPPORTUNITIES' FINANCE AND EXECUTIVE COMMITTEES, AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR REVIEW BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. 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 RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. WESTCHESTER RESIDENTIAL OPPORTUNITIES INC 470 MAMARONECK AVENUE SUITE 410 WHITE PLAINS NY 10605 132617705 TO PROMOTE EQUAL AFFORDABLE HOUSING NY 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0