2024-05-15T04:55:23-05:00 2023-06-30 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2022-07-01 260720507 HOUSING WORKS USED BOOK CAFE INC HOUS 3474737400 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 JOLANTA ILCZUK CFO 3474737400 2024-05-15 1 JOLANTA ILCZUK 999009999 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-05-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES KING 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 2877496 0 X WWW.HOUSINGWORKS.ORG X 2007 NY TO OPERATE A USED BOOKSTORE, LITERARY HUB & CONCERT VENUE LOCATED IN DOWNTOWN MANHATTAN. 12 12 0 12 13193 0 1393589 1624668 0 0 0 0 140855 295444 1534444 1920112 0 0 0 0 0 0 0 0 0 2017501 1965923 2017501 1965923 -483057 -45811 5589607 5772851 8118071 8347126 -2528464 -2574275 X HOUSING WORKS USED BOOK CAFE, INC. IS A USED BOOKSTORE, LITERARY HUB AND CONCERT VENUE LOCATED IN SOHO IN DOWNTOWN MANHATTAN THAT RAISES MONEY TO SUPPORT THE TAX-EXEMPT SOCIAL MISSION OF ITS PARENT, HOUSING WORKS, INC. THE BOOKSTORE ESTABLISHED ITSELF AS A NEW YORK DOWNTOWN INSTITUTION AND TOURIST DESTINATION. 0 0 1933741 THE HOUSING WORKS USED BOOK CAFE, INC. SELLS DONATED USED BOOKS (IN STORE AND ONLINE) AND OPERATES A THRIVING CAFE. THE BOOKSTORE CAFE IS A HUB FOR NEW YORK'S DOWNTOWN LITERARY AND ARTS SCENE, HOSTING MORE THAN 100 READINGS, PANELS AND CONCERTS ANNUALLY. BJORK, JOHN MELLENCAMP AND JOHN MAYER ARE AMONG THE CELEBRATED MUSICIANS WHO HAVE PERFORMED THERE. THE USED BOOK CAFE IS ALSO A POPULAR EVENT SPACE AVAILABLE FOR WEDDINGS AND SPECIAL EVENTS. FOR THE YEAR ENDING JUNE 30, 2023, THE BOOKSTORE RECEIVED $1,398,683 IN DONATED MERCHANDISE WHICH IS REPORTED ON PART VIII, LINE 1(G) AND HAS NO GIFTS-IN-KIND EXPENSE IN ACCORDANCE WITH GAAP. THE BOOKSTORE IS STAFFED ALMOST ENTIRELY BY VOLUNTEERS. 100% OF THE BOOKSTORE'S PROFITS ARE REMITTED TO ITS PARENT ORGANIZATION, HOUSING WORKS, INC. 1933741 1 0 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 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X JOLANTA ILCZUK 3474737400 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 ALAN LIGHT BOARD MEMBER 1.00 1.00 X 0 0 0 BRANDON STOSUY BOARD MEMBER 1.00 1.00 X 0 0 0 BROOKS HEADLEY BOARD MEMBER 1.00 1.00 X 0 0 0 CALEDONIA KEARNS BOARD MEMBER 1.00 1.00 X 0 0 0 CHERYL PLAMBECK SECRETARY 1.00 1.00 X X 0 0 0 GLORY EDIM BOARD MEMBER 1.00 1.00 X 0 0 0 HELEN ROSNER BOARD MEMBER 1.00 1.00 X 0 0 0 KATHY DANEMAN BOARD MEMBER 1.00 1.00 X 0 0 0 LIBBY FLORES BOARD MEMBER 1.00 1.00 X 0 0 0 NICK MCCARVEL BOARD CHAIR 1.00 1.00 X 0 0 0 THOMAS KRETCHMAR BOARD MEMBER 1.00 1.00 X 0 0 0 YVETTE HAMILTON BOARD MEMBER 1.00 1.00 X 0 0 0 CHARLES KING PRESIDENT & CEO 1.00 39.00 X 0 456081 16962 JOLANTA ILCZUK CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 273242 5416 MATTHEW BERNARDO CHIEF OPERATING OFFICER 1.00 39.00 X 0 339454 29779 0 1068777 52157 0 0 1 0 0 1624668 1398683 1624668 329443 0 329443 329443 13193 316250 896655 957384 -60729 -60729 26730 26730 26730 1920112 -33999 13193 316250 X 533028 500846 32182 2027 2027 96 96 230206 230206 22093 22093 207572 207572 21171 21171 730132 730132 29582 29582 31470 31470 18726 18726 EQUIPMENT RENTAL 123180 123180 STAFF EXPENSE 3546 3546 CLIENT STIPEND 547 547 12547 12547 1965923 1933741 32182 0 176007 134462 1049233 1559035 61034 211822 120635 68185 91187 3927133 4296182 0 5589607 5772851 352279 170313 7765792 8176813 8118071 8347126 X -2528464 -2574275 -2528464 -2574275 5589607 5772851 -45811 0 X X 0 1 X 1 1 1 X 2463355 1817582 383541 1393589 1624668 7682735 2669362 1620094 655664 876479 896655 6718254 5132717 3437676 1039205 2270068 2521323 14400989 0 0 0 14400989 316250 316250 316250 316250 100500 296739 1853 226870 13193 639155 27631 67530 33620 129993 13537 272311 5260848 3801945 1074678 2626931 2864303 15628705 0.92140 0.93100 0.02020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 27,631. 2019 AMOUNT: $ 67,530. 2020 AMOUNT: $ 33,620. 2021 AMOUNT: $ 129,993. 2022 AMOUNT: $ 13,537. 157350 120635 36715 54472 54472 91187 DUE TO AFFILIATES 4115377 OTHER LIABILITIES 1320 OPERATING LEASE OBLIGATION 4060116 8176813 X 197463922 194586426 194586426 2877496 -957384 -957384 1920112 196034541 194068618 194068618 1965923 0 1965923 PART X, LINE 2: THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INFORMATION RETURNS FILED PRIOR TO FISCAL YEAR 2020 ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATIONS 193,157,780. OTHER INTERCOMPANY ELIMINATIONS 1,428,646. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -957,384. RENTAL EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATIONS 194,539,880. OTHER ELIMINATIONS -1,428,646. COST OF GOODS SOLD 957,384. RENTAL EXPENSES 0 0 0 0 0 0 0 0 0 CHARLES KING PRESIDENT & CEO 0 379919 0 75400 0 762 0 4687 0 12275 0 473043 0 0 MATTHEW BERNARDO CHIEF OPERATING OFFICER 0 279545 0 59651 0 258 0 6104 0 23675 0 369233 0 0 JOLANTA ILCZUK CHIEF FINANCIAL OFFICER 0 237125 0 35553 0 564 0 4796 0 620 0 278658 0 0 X 1398683 SALE PRICE 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER (THE "MEMBER"), WHICH IS HOUSING WORKS, INC. THE MEMBER SHALL EXERCISE ITS MEMBERSHIP RIGHTS AND OBLIGATIONS THROUGH A MAJORITY OF ITS BOARD OF DIRECTORS AND ANY MEETING AT WHICH A QUORUM IS PRESENT, OR THROUGH AN INDIVIDUAL THAT THE MEMBER'S BOARD OF DIRECTORS APPOINTS TO ACT AS THE MEMBER IN ACCORDANCE WITH ITS INSTRUCTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS ONE MEMBER (THE "MEMBER"), WHICH IS HOUSING WORKS, INC. THE MEMBER SHALL EXERCISE ITS MEMBERSHIP RIGHTS AND OBLIGATIONS THROUGH A MAJORITY OF ITS BOARD OF DIRECTORS AND ANY MEETING AT WHICH A QUORUM IS PRESENT, OR THROUGH AN INDIVIDUAL THAT THE MEMBER'S BOARD OF DIRECTORS APPOINTS TO ACT AS THE MEMBER IN ACCORDANCE WITH ITS INSTRUCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. EACH BOARD MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION OPERATES UNDER THE CONFLICT OF INTEREST POLICY OF ITS PARENT ORGANIZATION, HOUSING WORKS, INC. EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF THE ORGANIZATION IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE ORGANIZATION. HOUSING WORKS, INC. MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE PUBLISHED ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 230,206. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 230,206. FORM 990, PART XII, LINE 3 THE ACCOUNTS OF HOUSING WORKS INC. AND ITS AFFILIATES ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AND ARE CONSOLIDATED FOR FINANCIAL STATEMENT PURPOSES. IN ADDITION, THE ORGANIZATION AS A WHOLE MEETS THE REQUIREMENT OF AN AUDIT AS SET FORTH IN THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133. EACH AFFILIATE ON ITS OWN MAY NOT MEET THE REQUIREMENT BUT THIS QUESTION WAS ANSWERED YES ON EACH AFFILIATE AS HOUSING WORKS INC. AND ITS AFFILIATES ON THE WHOLE MET THE REQUIREMENT AND OBTAINED AN AUDIT ACCORDING TO THE ACT. BAILEY HOLT HOUSE HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 134045579 HOUSING NY 501(C)(3) LINE 12A, I BH 0 BAILEY HOUSE INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 134045579 HOUSING NY 501(C)(3) LINE 7 HWI 0 HIV LAW PROJECT INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133730564 LEGAL SERVICES NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS BROOKLYN HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 300055826 HOUSING NY 501(C)(3) LINE 12A, I HWI 0 HOUSING WORKS CLAREMONT HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 832385009 HOUSING NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS DEVELOPMENT FUND INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133775886 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS ENY HOUSING DEVELOPMENT FUND INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 113264348 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS FOOD SERVICES INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133974056 FOOD SERVICE NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS HARLEM HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 300055829 HOUSING NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS HEALTH SERVICES II INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133818122 HOMELESS AID NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS HEALTH SERVICES III INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133826364 HOMELESS AID NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS HEALTH SERVICES INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133779481 HOMELESS AID NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS HULL INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 204753869 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133584089 HOMELESS AID NY 501(C)(3) LINE 7 N/A 0 HOUSING WORKS JEFFERSON AVE HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 611432867 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS LEXINGTON HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 200799665 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS LYMAN PROJECT HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 464555144 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS PITKIN AVENUE HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 300055831 HOUSING NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS THRIFT SHOP INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133676157 THRIFT SHOP NY 501(C)(3) LINE 12A, I HWI 0 INTERCAMBIOS PUERTO RICO INC CALLE ROUND F-26 URB MONTE BRI FAJARDO PR 00738 660731885 HOMELESS AID PR 501(C)(3) LINE 7 HWI 0 POSITIVE HEALTH PROJECT 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133845305 HEALTHCARE NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS CANNABIS 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 883932372 HEALTHCARE NY 501(C)(3) LINE 3 0 FITZPATRICK ASSOCIATES LP 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 HOUSING NY N/A 0 0 BRONX CLAREMONT PARKWAY GP 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 271527036 HOUSING NY N/A C 0 HOUSING WORKS CANNABIS LLC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 883932372 HOUSING NY N/A C 0 HOUSING WORKS LIRIO HOUSING DEVELOPMENT FUND CORPORATION 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 863362629 HOUSING NY N/A C 0 HW LIRIO INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 872510987 HOUSING NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0