2023-08-23T12:11:07-05:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 132617705 WESTCHESTER RESIDENTIAL OPPORTUNITIES INC WEST 9144284507 470 MAMARONECK AVENUE 410 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 410 WHITE PLAINS NY 10605 7053204 0 X WWW.WROINC.ORG X 1968 NY WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. (WRO) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE EQUAL, AFFORDABLE, AND ACCESSIBLE HOUSING OPPORTUNITIES FOR ALL RESIDENTS OF OUR REGION. 15 15 50 18 0 0 3881020 6657882 241143 369287 74 26035 0 0 4122237 7053204 1525622 3072506 0 0 1579190 1909509 0 0 92652 519866 644591 3624678 5626606 497559 1426598 3295661 5135150 782451 1062124 2513210 4073026 X WESTCHESTER RESIDENTIAL OPPORTUNITIES (WRO) IS A HUD-CERTIFIED HOUSING COUNSELING AGENCY WITH SPECIALIZED PROGRAMS TO COMBAT HOUSING DISCRIMINATION, AND TO ASSIST FIRST TIME HOMEBUYERS, THE ELDERLY AND THOSE FACING EVICTION OR MORTGAGE DEFAULT. ADDITIONALLY, WRO PROVIDES HOUSING AND CASE MANAGEMENT FOR PEOPLE WITH MENTAL ILLNESS. WRO PROMOTES HOUSING MOBILITY AND STABILITY FOR MARGINALIZED POPULATIONS, AND LOW-TO-MODERATE INCOME GROUPS. 0 0 1274196 800267 193054 INDEPENDENT LIVING PROGRAMTHE INDEPENDENT LIVING PROGRAM CONSISTS OF OUR SUPPORTED HOUSING APARTMENT PROGRAM, OUR SINGLE ROOM OCCUPANCY (SRO) PROGRAM, AND AN EDUCATION AND OUTREACH COMPONENT. IN 2022, THE SUPPORTED HOUSING PROGRAM PROVIDED INDIVIDUALIZED HOUSING-RELATED CASE MANAGEMENT SERVICES AND RENTAL ASSISTANCE TO 45 ADULTS RECOVERING FROM SERIOUS MENTAL ILLNESS, WHO WISH TO OBTAIN PERMANENT, AFFORDABLE, AND INDEPENDENT HOUSING. THE SINGLE ROOM OCCUPANCY PROGRAM STAFF PROVIDED HOUSING AND SUPPORTIVE SERVICES AND SUPERVISION TO ADULTS RESIDING IN OUR 9 BEDROOM SRO IN 2022.ADDITIONALLY, WRO PROVIDES HOUSING, HOMELESS OUTREACH, AND CASE MANAGEMENT FOR PEOPLE WITH MENTAL ILLNESS. WRO PROMOTES HOUSING MOBILITY AND STABILITY FOR MARGINALIZED POPULATIONS, AND LOW-TO-MODERATE INCOME GROUPS. 2616336 2179420 0 EVICTION PREVENTION & RENTAL ASSISTANCE PROGRAMWRO ASSISTS QUALIFIED HOUSEHOLDS FACING RENTAL AND/OR UTILITY ARREARS, BY PROVIDING FINANCIAL ASSISTANCE GRANTS AGAINST THOSE ARREARS. WRO ALSO WORKS WITH HOUSEHOLDS LOOKING TO SECURE RENTAL HOUSING BY PROVIDING FINANCIAL ASSISTANCE GRANTS FOR SECURITY DEPOSITS, MOVING EXPENSES, FIRST MONTH'S RENT, ETC. IN ADDITION TO PROVIDING FINANCIAL ASSISTANCE, THE PROGRAM (1) PROVIDES COUNSELING TO PRIMARILY LOW-TO-MODERATE INCOME HOUSEHOLDS TO FIND AND MAINTAIN AFFORDABLE HOUSING, (2) NEGOTIATES WITH LANDLORDS TO HELP KEEP PEOPLE HOUSED, AND (3) MAKES REFERRALS AS APPROPRIATE TO LOCATE ADDITIONAL SOURCES OF FINANCIAL AND OTHER FORMS OF ASSISTANCE. IN 2022, THE PROGRAM ASSISTED ROUGHLY 1,000 INDIVIDUALS AND FAMILIES. 673539 454 110000 FAIR HOUSING PROGRAMWRO'S FAIR HOUSING PROGRAM WORKS TO ELIMINATE DISCRIMINATION IN THE HOUSING AND LENDING MARKETS. THE PROGRAM HANDLES COMPLAINTS AND CONDUCTS INVESTIGATIONS, INCLUDING BOTH SYSTEMIC AND COMPLIANT-BASED TESTING, AND ACCESSIBLE DESIGN AND CONSTRUCTION INVESTIGATIONS. ACCESSIBLE DESIGN AND CONSTRUCTION SURVEYS ARE CONDUCTED TO PROMOTE HOUSING ACCESS FOR PEOPLE WITH DISABILITIES. WRO'S FAIR HOUSING PROGRAM PROVIDES EDUCATION AND OUTREACH TO CONSUMERS, CIVIC AND BUSINESS AND OTHER NON-PROFIT ORGANIZATIONS, AND TRAINS REAL ESTATE PROFESSIONALS, CO-OP BOARDS AND MANAGEMENT COMPANIES TO COMPLY WITH FAIR HOUSING LAWS. IN 2022, APPROXIMATELY 150 FAMILIES AND INDIVIDUALS WERE ASSISTED WITH FAIR HOUSING COMPLAINTS, AND OVER 450 REAL ESTATE PROFESSIONALS AND 90 CO-OP APARTMENT DIRECTORS WERE TRAINED IN OUR FAIR HOUSING WORKSHOPS. 430835 92365 66233 HOME OWNERSHIP PROGRAMSWRO PROVIDES ASSISTANCE TO QUALIFIED HOUSEHOLDS IN TWO AREAS: (A) FIRST-TIME HOMEBUYING (PROVIDING EDUCATION AND COUNSELING PROGRAMS IN SPANISH AND ENGLISH ON THE HOMEBUYING PROCESS, AS WELL AS FACILITATING ACCESS TO VARIOUS DOWN-PAYMENT AND CLOSING COST ASSISTANCE PROGRAMS). IN 2022, 227 INDIVIDUALS PARTICIPATED IN OUR HOMEBUYING WORKSHOPS, AND 25 CLIENTS PURCHASED A HOME, INCLUDING 18 WHO RECEIVED A TOTAL OF $152,334 IN GRANTS TO PURCHASE THEIR HOMES. (B) MORTGAGE FORECLOSURE PREVENTION (ASSISTING HOMEOWNERS WHO ARE FACING FORECLOSURE DUE TO TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, INCLUDING EXPLORING POSSIBLE OPTIONS AVAILABLE WITH THEIR LENDER). IN 2022, WE SERVED 135 CLIENTS, AND CLOSED ON 70 LOAN MODIFICATIONS OR REINSTATEMENTS. 430835 92365 66233 4994906 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 128 0 50 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X X ELIZABETH ELLISON 9144284507 470 MAMARONECK AVENUE 410 WHITE PLAINS NY 10605 MARGARET M FLINT ESQ CO-CHAIR 1.00 0.00 X X 0 0 0 LEAH CARO CO-CHAIR 1.00 0.00 X X 0 0 0 DEBRA BUDETTI SECRETARY 1.00 0.00 X X 0 0 0 THOMAS RICE ESQ ASSISTANT SECRETARY 1.00 0.50 X X 0 0 0 HENRY J CARNAGE TREASURER 1.00 0.50 X X 0 0 0 LAURENCE BEILENSON ASSISTANT TREASURER 1.00 0.00 X X 0 0 0 TRAVIS BOWENS BOARD MEMBER 1.00 0.00 X 0 0 0 JOSEPH A DISALVO ESQ BOARD MEMBER 1.00 0.00 X 0 0 0 BARRY KRAMER BOARD MEMBER 1.00 0.00 X 0 0 0 JODEE MACDONALD BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID MOORE BOARD MEMBER 1.00 0.00 X 0 0 0 DENNIS D PARKER ESQ BOARD MEMBER 1.00 0.00 X 0 0 0 DEBRA THOMPSON BOARD MEMBER 1.00 0.00 X 0 0 0 WENDY MARIE WEATHERS ESQ BOARD MEMBER 1.00 0.00 X 0 0 0 ALAN R WOLFERT ESQ BOARD MEMBER 1.00 0.50 X 0 0 0 NICK BEILENSON BOARD MEMBER THRU 02/22/2022 1.00 0.50 X 0 0 0 LINDA M GRACE-HEYWARD BOARD MEMBER THRU 03/29/2022 1.00 0.00 X 0 0 0 LINDA PUOPLO BOARD MEMBER THRU 09/20/2022 1.00 0.00 X 0 0 0 MARLENE ZARFES EXECUTIVE DIRECTOR 34.00 1.00 X 125576 0 17176 125576 0 17176 1 0 0 0 0 4904613 1753269 6657882 RENTAL INCOME 532000 193054 193054 SETTLEMENT INCOME 532000 110000 110000 PROGRAM FEES 900099 66233 66233 369287 26035 26035 7053204 369287 0 26035 43300 43300 3029206 3029206 142751 71376 71375 1449311 1200452 188192 60667 169538 139253 23338 6947 147909 118478 23754 5677 5451 5451 46650 46650 128092 29557 97158 1377 4399 2679 105 1615 70733 51943 11405 7385 89836 68761 17780 3295 123979 90367 29898 3714 65333 57277 7957 99 5015 5015 50887 34129 15123 1635 REPAIRS AND MAINTENANCE 54216 52677 1298 241 5626606 4994906 539048 92652 146963 618896 607674 51910 1489182 1717921 39505 23809 16836 15696 600075 1575695 434931 1155032 3295661 5135150 46807 47357 735644 277472 0 737295 782451 1062124 X 1755988 3701205 757222 371821 2513210 4073026 3295661 5135150 X 1426598 316 132903 X X 0 1 X 1 1 1 X 2499162 2408135 3274707 3823118 6657882 18663004 2499162 2408135 3274707 3823118 6657882 18663004 667044 17995960 110 123 72 74 26035 26414 6621 11572 18193 18707611 1234464 0.96200 0.99080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2018 AMOUNT: $ 6,621. BAD DEBT RECOVERY - 2020 AMOUNT: $ 11,572. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 1180 0 0 1180 0 PART II-B, LINE 1: THE ORGANIZATION'S LOBBYING EXPENSES ARE RELATED TO INVOLVEMENT IN FAIR HOUSING LEGISLATION, DISCUSSIONS WITH LEGISLATORS AND LEGISLATIVE STAFF, AS WELL AS COLLABORATION WITH LOBBYING GROUPS IN RELATION TO FAIR HOUSING LAWS. 32550 16854 15696 6955 6955 0 15696 OPERATING LEASE ASSETS 727439 SECURITY DEPOSITS 7736 DUE FROM RELATED PARTY 419857 1155032 OPERATING LEASE LIABILITY 737295 737295 X 7064520 316 11000 11316 7053204 0 7053204 5636294 11000 41988 52988 5583306 43300 43300 5626606 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 XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED EXPENSES INCLUDED ON RELATED ORGANIZATION'S FORM 990 41,988. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATIONS ON CONSOLIDATED FINANCIAL STATEMENTS 43,300. 1 BIRNAM WOOD ASSOCIATES LTD 470 MAMARONECK AVENUE WHITE PLAINS NY 10605 133756602 501(C)(3) 43300 0 NEW ROOF ON WALLER AVE. BUILDING 1 RENTAL AND MORTGAGE ASSISTANCE 214 3029206 PART I, LINE 2: WRO ASSISTS HOMEOWNERS WHO ARE EXPERIENCING TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, SUCH AS FOR ILLNESS, CAUSING NONPAYMENT OF THE MORTGAGE. WRO WORKS WITH HOMEOWNERS AND THE LENDER FOR POSSIBLE OPTIONS AVAILABLE TO RESOLVE FINANCIAL HARDSHIPS THEY ARE FACING SO THEY DON'T GO INTO FORECLOSURE. IN OUR MORTGAGE ASSISTANCE PROGRAM (MAP) WE HELP KEEP NEW YORKERS IN THEIR HOMES BY MAKING MORTGAGE LOANS UP TO $40,000 TO HOMEOWNERS WHO ARE AT RISK OF FORECLOSURE AND ARE UNABLE TO GET ANY ASSISTANCE FROM OTHER FORECLOSURE PREVENTION PROGRAMS. HOMEOWNERS AND RENTERS FILL OUT AN APPLICATION. EACH APPLICANT MUST BE AT "IMMINENT RISK" OF LOSING THEIR HOME AND MUST PROVIDE PROOF OF HARDSHIP. THE APPLICANTS MUST PROVIDE PROOF OF THE ABILITY TO PAY FUTURE MONTHS' RENT IF ASSISTED. IF CHOSEN, WRO WRITES A CHECK DIRECTLY TO THE LENDER OR LANDLORD ON BEHALF OF THE APPLICANT. DURING THE TAX YEAR, THE ORGANIZATION RECEIVED FUNDS FOR A NEW ROOF ON THE WALLER AVENUE BUILDING. THESE FUNDS WERE TRANSFERRED TO ITS RELATED PARTY, BIRNAM WOODS ASSOCIATES, LTD. FOR USE ON THE NEW ROOF. FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION A, LINE 2 NICK BEILENSON AND LAURENCE BEILENSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AMENDED THE BY-LAWS IN APRIL 2022 TO REMOVE THE FOUNDER OF THE ORGANIZATION FROM THE OFFICER POSITION. FORM 990, PART VI, SECTION B, LINE 11B WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. 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, THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE 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 B, LINE 12C ALL DIRECTORS, OFFICERS, AND WRO EMPLOYEES MUST DISCLOSE ANY RELEVANT INTEREST OF AN INTERESTED PARTY OR RELATED PARTY AS THEY RELATE TO SUCH DIRECTOR, OFFICER, OR WRO EMPLOYEE WHICH MAY POSE A POTENTIAL CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OCCURS, THE DIRECTOR, OFFICER, OR WRO EMPLOYEE TO WHOM THE POTENTIAL CONFLICT OF INTEREST RELATES MAY OFFER FACTUAL INFORMATION TO THE BOARD OR COMMITTEE; BUT NO SUCH DIRECTOR, OFFICER, OR WRO EMPLOYEE IS TO VOTE ON SUCH MATTER. THE EVENT MUST BE RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD OR COMMITTEE. DISCLOSURE STATEMENTS ARE REVIEWED AND SIGNED OFF ON ANNUALLY BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE SHALL (1) PREPARE AND, FROM TIME TO TIME WITH THE PARTICIPATION OF THE EXECUTIVE DIRECTOR, UPDATE THE JOB DESCRIPTION OF THE EXECUTIVE DIRECTOR; (2) MEET WITH THE EXECUTIVE DIRECTOR PRIOR TO THE YEAR THAT THE EXECUTIVE DIRECTOR'S JOB PERFORMANCE WILL BE EVALUATED AND ESTABLISH FINANCIAL, PROGRAMMATIC AND OPERATIONAL GOALS TO BE MET BY THE EXECUTIVE DIRECTOR DURING THE EVALUATION YEAR, AND (3) WITHIN 45 DAYS AFTER THE END OF THE EVALUATION YEAR, MAKE RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE REGARDING THE PERFORMANCE OF THE EXECUTIVE DIRECTOR DURING THE EVALUATION YEAR AND ANY PROPOSED CHANGE TO THE EXECUTIVE DIRECTOR'S COMPENSATION. THE PERSONNEL COMMITTEE SHALL BE COMPRISED OF ONLY THOSE MEMBERS OF THE BOARD OF DIRECTORS WHO HAVE NO CONFLICT OF INTEREST. THE PERSONNEL COMMITTEE'S CONCLUSIONS REGARDING THE EXECUTIVE DIRECTOR'S PERFORMANCE DURING THE EVALUATION YEAR SHALL BE BASED ON WHETHER AND TO WHAT EXTENT THE EXECUTIVE DIRECTOR (A) MET OR EXCEEDED THE OBLIGATIONS ESTABLISHED IN THE JOB DESCRIPTION AND (B) MET OR EXCEEDED THE GOALS. WHETHER THERE SHALL BE A CHANGE IN THE EXECUTIVE DIRECTOR'S COMPENSATION SHALL BE REVIEWED WITH THE FINANCE COMMITTEE BASED ON HIS/HER PERFORMANCE EVALUATION, AVAILABILITY OF FUNDS AND REASONABLY AVAILABLE INFORMATION REGARDING COMPENSATION PAID BY AT LEAST THREE COMPARABLE ORGANIZATIONS IN THE SAME OR SIMILAR COMMUNITIES FOR SIMILAR POSITIONS INVOLVING SIMILAR SERVICES. WHERE PRACTICABLE, SUCH INFORMATION SHOULD INCLUDE (1) DOCUMENTED TELEPHONE INQUIRIES ABOUT SIMILAR POSITIONS IN NON-PROFIT AND FOR-PROFIT ORGANIZATIONS, (2) WRITTEN JOB OFFERS AT SIMILAR ORGANIZATIONS, (3) INFORMATION FROM THE FORM 990 FILINGS OF OTHER NON-PROFIT ORGANIZATIONS, (4) STUDIES BY INDEPENDENT COMPENSATION EXPERTS, AND/OR (5) INFORMATION AVAILABLE FROM RELIABLE, INDEPENDENT ORGANIZATIONS THAT GATHER AND PROVIDE THIS TYPE OF INFORMATION. THE PERSONNEL COMMITTEE SHALL DOCUMENT, IN THE MINUTES OF ITS PROCEEDINGS, THE REASONS SUPPORTING ITS RECOMMENDATIONS. THE PROCESS FOR DETERMINING THE EXECUTIVE DIRECTOR'S SALARY WAS UNDERTAKEN IN DECEMBER OF 2022. 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, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: REFUNDABLE ADVANCE 132,902. ROUNDING 1. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BIRNAM WOOD ASSOCIATES LTD 470 MAMARONECK AVENUE WHITE PLAINS NY 10605 133756602 PROVIDE HOUSING TO LOW INCOME MENTALLY ILL INDIVIDUALS NY 501(C)(3) LINE 12A, I WESTCHESTER RESIDENTIAL OPPORTUNITIES INC 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0