2023-11-15T14:52:41-06:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 225 BROADHOLLOW RD SUITE 401 MELVILLE NY 11747 990 2022-01-01 133860487 HIGHBRIDGE COMMUNITY DEVELOPMENT CORP HIGH 7182933100 1465 NELSON AVENUE STE A BRONX NY 10452 KOBINA ARHIN CEO 7182933100 2023-11-15 1 KOBINA ARHIN 999009999 0 AMANDA ADAMS P00748038 6319305000 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KOBINA ARHIN 1465 NELSON AVENUE STE A BRONX NY 10452 3118334 0 X HTTP://WWW.HIGHBRIDGECDC.COM/ X 1995 NY THE ORGANIZATION ASSISTS IN THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE HOUSING IN THE BRONX. THE ORGANIZATION ALSO PROVIDES TENANT SERVICES FOR THE RESIDENTS OF THE HIGHBRIDGE SECTION WITH THE OVERALL GOAL OF IMPROVING THE NEIGHBORHOOD. 5 5 59 0 0 0 827408 162408 7854384 2949311 242 240 0 6375 8682034 3118334 0 0 0 0 4878972 4551106 0 0 0 1627151 -2270328 6506123 2280778 2175911 837556 13193541 14007927 552297 529127 12641244 13478800 THE ORGANIZATION ASSISTS IN THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE HOUSING IN THE BRONX. THE ORGANIZATION ALSO PROVIDES TENANT SERVICES FOR THE RESIDENTS OF THE HIGHBRIDGE SECTION WITH THE OVERALL GOAL OF IMPROVING THE NEIGHBORHOOD. 0 0 1366567 2955686 HCDC HAS SUCCESSFULLY DEVELOPED, MANAGES, AND OPERATES OVER 2,500 MODERATE AND LOW-INCOME UNITS THROUGHOUT NUMEROUS NEIGHBORHOODS IN THE BRONX. WE SPECIALIZE IN MULTIPLE SERVICES SUCH AS REAL ESTATE MANAGEMENT AND DEVELOPMENT, PROPERTY MANAGEMENT, AND COMMUNITY DEVELOPMENT. HCDC IS COMMITTED TO WORKING WITH RESIDENTS, BUSINESSES, AND RELIGIOUS ORGANIZATIONS THROUGHOUT THE BOROUGH TO MAKE THE BRONX A GREAT PLACE TO LIVE AND WORK BY PROVIDING HOUSING THAT IS AFFORDABLE, WELL-DESIGNED, SECURE, AND PROFESSIONALLY MANAGED. 1366567 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 59 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 0 1 1 1 1 1 1 1 1 0 NY X THE ORGANIZATION 7182933100 1465 NELSON AVENUE STE 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 JOSEPH FRANCO DIRECTOR 0.25 0.50 X 0 0 0 KENNETH P BROWNE DIRECTOR 0.25 0.50 X 0 0 0 KEN SINGLETON DIRECTOR 0.25 0.50 X 0 0 0 KOBINA ARHIN SVP/CEO 33.00 2.00 X 292398 0 24210 SIMONE BRISCO CONTROLLER 33.00 2.00 X 110000 0 5306 MARTIN RIVERA MAINTENANCE DIR. 35.00 0.00 X 120269 0 34919 BRAM HILLEGERS VP DEVELOPMENT 35.00 0.00 X 175000 0 5587 JHONATHAN ECHAVARRIA IT DIRECTOR 35.00 0.00 X 115211 0 34400 812878 0 104422 5 0 1 0 0 162408 162408 MANAGEMENT FEES 531390 2411315 2411315 ADMIN FEES - AFFILIATE 531390 537996 537996 2949311 240 240 6375 6375 6375 3118334 2955686 0 240 431914 431914 3034025 2378463 655562 125578 125578 700371 608114 92257 259218 160716 98502 26177 26177 77898 77898 193534 24879 168655 96127 10067 86060 104731 104731 32420 29366 3054 100967 28709 72258 PROGRAM AND OTHER COSTS 555720 188093 367627 SOCIAL SERVICE COSTS 25000 25000 EXP REIMB BY AFFILIATES -3482902 -2086840 -1396062 2280778 1366567 914211 0 4264428 3841410 1679755 1072764 52283 58932 775339 680739 127018 94600 25194 7070057 8915027 13193541 14007927 527209 504039 25088 25088 552297 529127 X 12629056 13466612 12188 12188 12641244 13478800 13193541 14007927 837556 0 X 0 1 X 1 0 X 160081 190780 827408 162408 1340677 2839393 3872469 3777463 4186382 2955686 17631393 2839393 4032550 3968243 5013790 3118094 18972070 0 1896219 1796363 1773512 1820753 1983272 9270119 1896219 1796363 1773512 1820753 1983272 9270119 9701951 81148 81153 167 242 240 162950 81148 81153 167 242 240 162950 250368 250368 2920541 4364071 3968410 5014032 3118334 19385388 0.50050 0.63680 0.00840 0.00900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 603743 572055 31688 171596 108684 62912 94600 DUE FROM AFFILIATES 8915027 8915027 LIABILITY FOR RESTRICTED CASH 25088 25088 X PART X, LINE 2: THE ORGANIZATION 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 THE ORGANIZATION AND CONCLUDED THAT IT TOOK NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENTS TO THE CONSOLIDATED FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 KOBINA ARHIN SVP/CEO 292398 0 0 0 0 0 9076 0 15134 0 316608 0 0 0 BRAM HILLEGERS VP DEVELOPMENT 175000 0 0 0 0 0 4076 0 1511 0 180587 0 0 0 MARTIN RIVERA MAINTENANCE DIR. 120269 0 0 0 0 0 3721 0 31198 0 155188 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 IS REVIEWED AND APPROVED BY BOTH THE CONTROLLER AND CFO AND DISCUSSED WITH THE AUDIT & FINANCE COMMITTEE OF THE BOARD BEFORE IT IS FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY SENDS OUT AN ANNUAL QUESTIONNAIRE TO THE BOARD MEMBERS AND STAFF. FORM 990, PART VI, SECTION B, LINE 15 THE 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. HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 133496091 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 HIGHBRIDGE SENIOR HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 134094682 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 HIGHBRIDGE TPT HOUSING DEVELOPMENT FUND 1465 NELSON AVENUE BRONX NY 10452 205262130 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 HIGHBRIDGE VOICES 1465 NELSON AVENUE BRONX NY 10452 134191062 COMMUNITY AFTER SCHOOL PROGRAM NY 501(C)(3) LINE 10 N/A 0 KIPS BAY COMMUNITY ASSOCIATION INC 1465 NELSON AVENUE BRONX NY 10452 753234900 COMMUNITY FACILITY NY 501(C)(3) LINE 10 HIGHBRIDGE COMMUNITY DEVELOPMENT CORP 1 NELSON SENIOR HOUSING DEVELOPMENT FUND 1465 NELSON AVENUE BRONX NY 10452 134158791 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 NOSOTROS HOUSING DEVELOPMENT FUND CORP 1465 NELSON AVENUE BRONX NY 10452 133701038 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 NOSOTROS SHAKESPEARE HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 133787490 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 SHAKESPEARE SENIOR HOUSING DEVELOPMENT 1465 NELSON AVENUE BRONX NY 10452 134154583 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 ST FRANCIS HDFC 1544 SHAKESPEARE AVENUE BRONX NY 10452 833683495 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 UNIVERSITY AVENUE SENIOR HOUSING DEVELOP 1465 NELSON AVENUE BRONX NY 10452 200638650 LOW INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 KIPPS BAY ASSOCIATION D 347282 BOOKS