2024-11-13T10:52:27-06:00 2023-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2023-01-01 811004692 FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION FACR 7182372017 621 DEGRAW ST BROOKLYN NY 11217 MICHELLE DE LA UZ SECRETARY 7182372017 2024-11-15 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-11-07 2023 2024-10-15 13:58:12Z MICHELLE DE LA UZ 621 DEGRAW ST BROOKLYN NY 11217 1417932 0 X WWW.FIFTHAVE.ORG X 2015 NY THE MISSION OF THE ORGANIZATION IS TO DEVELOP, MAINTAIN AND PROVIDE DECENT AND AFFORDABLE HOUSING FOR QUALIFIED LOW-INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA. 3 1 0 2 55675 49354 150000 150000 1118166 1184575 34 2081 59849 81276 1328049 1417932 0 0 0 0 0 0 0 0 0 1672935 1662334 1672935 1662334 -344886 -244402 14469482 14212706 15744502 15732128 -1275020 -1519422 THE MISSION OF THE ORGANIZATION IS TO DEVELOP, MAINTAIN AND PROVIDE DECENT AND AFFORDABLE HOUSING FOR QUALIFIED LOW-INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA. 0 0 1575226 1201116 MAINTAIN AND OPERATE AN AFFORDABLE HOUSING PROJECT CONSISTING OF APARTMENT UNITS FOR PERSONS AND FAMILIES OF LOW INCOME. 1575226 0 1 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 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 0 0 1 12 0 1 0 1 1 0 0 0 1 1 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ROY NIELSEN 7182372017 621 DEGRAW ST BROOKLYN NY 11217 JAY MARCUS OUTGOING TREASURER 0.50 34.50 X X 0 0 0 MICHELLE DE LA UZ SECRETARY 0.50 34.50 X X 0 244820 10726 JESSICA YAGER PRESIDENT 1.00 1.00 X X 0 0 0 WILLIAM YATES TREASURER 0.50 34.55 X 0 161061 41171 0 405881 51897 0 0 1 0 0 150000 150000 RENTAL INCOME 531110 1184575 1184575 1184575 2081 2081 55675 0 55675 55675 55675 REFUND 900099 9060 9060 LATE FEES 900099 500 500 REIMB-TENANT DAMAGES 900099 220 220 15821 15821 25601 1417932 1201116 55675 11141 170945 114093 56852 19338 19338 13776 13776 9264 6652 2612 11908 11908 346010 346010 83163 83163 255540 255540 357780 357780 110727 110727 REPAIRS AND MAINTENANCE 167863 167863 BAD DEBT 64937 64937 FEES AND PERMITS 37054 37054 14029 12069 1960 1662334 1575226 87108 0 67863 25989 239310 226239 42211 98117 14881462 2036938 13155447 12844524 247106 236417 717545 781420 14469482 14212706 305135 356780 85234 74045 14750480 14658856 603653 642447 15744502 15732128 X -1275020 -1519422 -1275020 -1519422 14469482 14212706 -244402 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1807 1807 14802855 2028336 12774519 76800 8602 68198 12844524 TENANT SECURITY DEPOSIT 71827 ESCROW 709593 781420 DUE TO AFFILIATES 192447 DEVELOPER FEE PAYABLE 450000 642447 X 1417932 0 1417932 0 1417932 1662334 0 1662334 0 1662334 PART IV, LINE 2B: THE ORGANIZATION MAINTAINES TENANT SECURITY DEPOSITS AS REQUIRED BE STATE LAW. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, 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 FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 MICHELLE DE LA UZ SECRETARY 0 238320 0 3500 0 3000 0 10646 0 80 0 255546 0 0 WILLIAM YATES TREASURER 0 156311 0 4750 0 0 0 6748 0 34423 0 202232 0 0 FORM 990, PART VI, SECTION B, LINE 11B OUTSIDE AUDITOR PREPARES A DRAFT SET OF TAX RETURNS TO BE REVIEWED BY THE MANAGEMENT COMPANY, CORRECTIONS AND EDITS ARE DISCUSSED AND MADE, IF NECESSARY, AN OFFICER OF THE ORGANIZATION REVIEWS THE TAX RETURNS AS WELL. THE OUTSIDE AUDITOR PREPARES A FINAL SET OF TAX RETURNS FOR SIGNATURE. THE MANAGEMENT COMPANY MAILS OUT THE SIGNED TAX RETURNS TO THE APPROPRIATE GOVERNMENT AGENCY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED THE CONFLICT OF INTEREST POLICY AS USED BY THE SPONSOR/MANAGER OF THE ORGANIZATION WHICH IS ALSO A 501 C 3. THE DIRECTOR OF FINANCE IT OF THE MANAGEMENT COMPANY IS RESPONSIBLE FOR FINANCIAL RELATIONSHIPS BETWEEN THE ORGANIZATION AND OTHER ENTITIES. IF A POTENTIAL CONFLICT OF INTEREST ISSUE ARISES, THE DIRECTOR OF FINANCE IT FOR FAC ADDRESSES. THIS MATTER WITH THE DIRECTOR OF PROPERTY MANAGEMENT FOR RESOLUTION. AT TIMES, THE MANAGEMENT COMPANY CONSUL TS WITH THE OUTSIDE AUDITOR ABOUT POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 130 29TH STREET HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 204732803 PROVIDE LOW INCOME HOUSING NY 501(C)(4) FAC 0 50TH STREET HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 113270117 PROVIDE LOW INCOME HOUSING NY 501(C)(3) LINE 10 FAC 0 573 WARREN STREET HDFC 621 DEGRAW STREET BROOKLYN NY 11217 113143585 PROVIDE LOW INCOME HOUSING NY 501(C)(3) LINE 7 FAC 0 575 5TH AVENUE HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 208954587 PROVIDE LOW INCOME HOUSING NY 501(C)(4) FAC 0 588 PARK PLACE HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 450481177 PROVIDE LOW INCOME HOUSING NY 501(C)(3) LINE 10 FAC 0 FAC ADVANCE HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 264642733 PROVIDE LOW INCOME HOUSING NY 501(C)(4) FAC 0 FAC CENTER LOCAL DEVELOPMENT CORP 621 DEGRAW STREET BROOKLYN NY 11217 202849260 COMMUNITY CENTER NY 501(C)(3) LINE 10 FAC 0 FAC HOMEOWNERSHIP HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 113440267 PROVIDE LOW INCOME HOUSING NY 501(C)(3) LINE 10 FAC 0 FAC HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 112569339 PROVIDE LOW INCOME HOUSING NY 501(C)(3) LINE 10 FAC 0 FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 470919280 PROVIDE LOW INCOME HOUSING NY 501(C)(4) FAC 0 FAC RESTORE HOUSING DEVELOPMENT FUDN CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 202896988 PROVIDE LOW INCOME HOUSING NY 501(C)(4) FAC 0 FIFTH AVENUE COMMITTEE INCORPORATED 621 DEGRAW STREET BROOKLYN NY 11217 112475743 TO ADVANCE SOCIAL ECONOMIC JUSTICE NY 501(C)(3) LINE 7 N/A 0 LEAP INC 621 DEGRAW STREET BROOKLYN NY 11217 113111694 CREATE LONG TERM EMPLOYEMENT FOR LOW INCOME PEOPLE NY 501(C)(3) LINE 7 FAC 0 NEIGHBORS HELPING NEIGHBORS INC 621 DEGRAW STREET BROOKLYN NY 11217 113059958 SECURE & MAINTAIN QUALIFTY HOUSING & BUILD FINANCIAL ASSETS NY 501(C)(3) LINE 7 FAC 0 NORTHEASTERN CONFERENCE HOUSE ANNEX HDFC 621 DEGRAW STREET BROOKLYN NY 11217 825247722 PROVIDE LOW INCOME HOUSING NY 501(C)(4) FAC 0 551 WARREN STREET LIMITED PARTNERSHIP 621 DEGRAW STREET BROOKLYN NY 11217 103432257 REAL ESTATE NY N/A 0 0 ATLANTIC TERRACE 12 LLC 621 DEGRAW STREET BROOKLYN NY 11217 203963981 REAL ESTATE NY N/A 0 0 FAC 6309 FOURTH AVENUE LP 621 DEGRAW STREET BROOKLYN NY 11217 475475760 LOW INCOME HOUSING NY N/A 0 0 FAC 6309 FOURTH AVENUE MM LLC 621 DEGRAW STREET BROOKLYN NY 11217 843310446 LOW INCOME HOUSING NY N/A 0 0 FAC BROWNSVILLE APARTMENTS LLC 621 DEGRAW STREET BROOKLYN NY 11217 833327892 LOW INCOME HOUSING NY N/A 0 0 FAC RENAISSANCE LP 621 DEGRAW STREET BROOKLYN NY 11217 475052123 LOW INCOME HOUSING NY N/A 0 0 FAC SUNSET PARK 621 DEGRAW STREET BROOKLYN NY 11217 471960755 LOW INCOME HOUSING NY N/A 0 0 NORTHEASTERN TOWERS ANNEX DEVELOPER LLC 621 DEGRAW STREET BROOKLYN NY 11217 825211062 LOW INCOME HOUSING NY N/A 0 0 NORTHEASTERN TOWERS ANNEX GP LLC 621 DEGRAW STREET BROOKLYN NY 11217 813430274 LOW INCOME HOUSING NY N/A 0 0 NORTHEASTERN TOWERS ANNEX LP 621 DEGRAW STREET BROOKLYN NY 11217 425052123 LOW INCOME HOUSING NY N/A 0 0 NORTHEASTERN TOWERS ANNEX MANAGER LLC 621 DEGRAW STREET BROOKLYN NY 11217 320565348 LOW INCOME HOUSING NY N/A 0 0 SUPPORTIVE SLOPE LP 621 DEGRAW STREET BROOKLYN NY 11217 261565858 LOW INCOME HOUSING NY N/A 0 0 551 WARREN STREET INC 621 DEGRAW STREET BROOKLYN NY 11217 113432252 LOW INCOME HOUSING NY N/A C 0 575 FIFTH AVENUE INC 621 DEGRAW STREET BROOKLYN NY 11217 261565714 LOW INCOME HOUSING NY N/A C 0 FAC BROWNSVILLE GP INC 621 DEGRAW STREET BROOKLYN NY 11217 833327665 LOW INCOME HOUSING NY N/A C 0 FAC 6309 FOURTH AVENUE GP INC 621 DEGRAW STREET BROOKLYN NY 11217 475480222 LOW INCOME HOUSING NY N/A C 0 FAC 6309 FOURTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 812090217 LOW INCOME HOUSING NY N/A C 0 FAC ATLANTIC TERRACE INC 621 DEGRAW STREET BROOKLYN NY 11217 203964179 LOW INCOME HOUSING NY N/A C 0 FAC FULTON STREET HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 813273164 LOW INCOME HOUSING NY N/A C 0 FAC RED HOOK HOMES INC 621 DEGRAW STREET BROOKLYN NY 11217 202827495 LOW INCOME HOUSING NY N/A C 0 FAC RENAISSANCE GP INC 621 DEGRAW STREET BROOKLYN NY 11217 475036133 LOW INCOME HOUSING NY N/A C 0 FAC SUNSET PARK GP INC 621 DEGRAW STREET BROOKLYN NY 11217 471960681 LOW INCOME HOUSING NY N/A C 0 FAC SUNSET PARK HOUSING DEVELOPMENT FUND CORPORATION 621 DEGRAW STREET BROOKLYN NY 11217 472458254 LOW INCOME HOUSING NY N/A C 0 FAC CLUSTER HDFC 621 DEGRAW STREET BROOKLYN NY 11217 833785295 LOW INCOME HOUSING NY N/A C 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0