2024-06-12T12:10:48-05:00 2024-01-31 202954888 BRYANS & GRAMUGLIA CPAS LLC 1 PINE WEST PLAZA SUITE 107 ALBANY NY 12205 990 2023-02-01 141633606 ALBANY HOUSING COALITION INC ALBA 5184655251 278 CLINTON AVENUE ALBANY NY 12210 JAMES BOULDIN PRESIDENT 5184655251 2024-06-12 0 JAMES BOULDIN 999009999 1 ROBERT V GRAMUGLIA P00454779 5184528055 2024-06-11 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JAMES BOULDIN 278 CLINTON AVENUE ALBANY NY 12210 3710847 0 X WWW.AHCVETS.ORG X 1982 NY STABILIZE THE COMMUNITY BY PROVIDING A CONTINUUM OF AFFORDABLE HOUSING AND SUPPORT SERVICES TO HOMELESS VETERANS AND LOW INCOME INDIVIDUALS AND FAMILIES. 8 8 29 14 0 0 2178959 3431694 183549 234715 1101 44438 0 0 2363609 3710847 260400 378390 0 0 1588004 1581886 0 0 240 477941 568390 2326345 2528666 37264 1182181 2760407 4023113 155343 235868 2605064 3787245 STABILIZE THE COMMUNITY BY PROVIDING A CONTINUUM OF AFFORDABLE HOUSING AND SUPPORT SERVICES TO HOMELESS VETERANS AND LOW INCOME INDIVIDUALS AND FAMILIES. 0 0 2340012 378390 234715 ASSIST OCCUPANTS THROUGH HOUSING COUNSELING ACTIVITIES TO UPGRADE AND IMPROVE EXISTING HOUSING CONDITIONS, AID IN THE DEVELOPMENT OF PROJECTS FOR THE ELIMINATION OF SLUMS AND BLIGHTING INFLUENCES, AND FOSTER THE IMPROVEMENT OF HOUSING CONDITIONS THEREBY ENCOURAGING RESIDENTIAL CHARACTER. 2340012 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 0 0 0 1 63 0 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X LYN MACK 5186940649 278 CLINTON AVE ALBANY NY 12210 JAMES BOULDIN PRESIDENT 3.00 X X 0 0 0 LARITA VANBERGEN VICE PRESIDENT 3.00 X X 0 0 0 MARY K MOORE SECRETARY 3.00 X X 0 0 0 PETER PHELAN TREASURER 3.00 X X 0 0 0 BERNARD BRYAN DIRECTOR 2.00 X 0 0 0 MICHAEL LAPORTE DIRECTOR 2.00 X 0 0 0 GAIL PATRICIA PERRY DIRECTOR 2.00 X 0 0 0 DAVE SOSA DIRECTOR 2.00 X 0 0 0 JOSEPH P SLUSZKA EXECUTIVE DIRECTOR 35.00 X 136370 0 0 136370 0 0 1 0 0 0 0 83550 3230230 117914 3431694 RENTAL INCOME 532000 205163 205163 OTHER INCOME 900099 29552 29552 234715 40938 40938 3500 0 3500 3500 3500 0 83550 0 0 3710847 234715 0 44438 378390 378390 142430 104917 37513 1168381 1072942 95439 174450 168580 5870 96625 86776 9849 42641 3774 38867 40057 40057 85182 85182 12067 12067 9759 9759 941 941 94186 94186 70050 69174 876 FOOD 90907 90907 REPAIRS AND MAINTENANCE 72600 72600 MEMBERSHIPS AND FEES 26181 26181 EQUIPMENT AND EQUIPMENT 15458 15458 8361 8121 240 2528666 2340012 188414 240 188814 351335 941409 1058156 251445 269468 6844 14318 4040978 2139440 920709 1901538 451186 428298 2760407 4023113 131204 153596 61388 14501 10433 9638 10451 155343 235868 X 2057661 3250356 547403 536889 2605064 3787245 2760407 4023113 1182181 0 X X 0 1 X 1 1 1 X 1681451 1928666 1952492 2178959 3431694 11173262 1681451 1928666 1952492 2178959 3431694 11173262 11173262 1730 896 554 1101 40938 45219 11218481 1129202 0.99600 0.99940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2744348 2085504 658844 129910 53936 75974 1166720 1166720 1901538 CONTRACTUALLY RESTRICTED CASH 428298 428298 SECURITY DEPOSITS 10451 10451 X 3710847 0 3710847 0 3710847 2528666 0 2528666 0 2528666 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC 740-10 WHICH REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. FOR TAX-EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. HOWEVER, ALBANY HOUSING COALITION, INC.(AHC) HAS NO KNOWLEDGE OF EVENTS OR CIRCUMSTANCES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. AHC HAS IMPLEMENTED FASB ASC 740-10 AND ITS CURRENT ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AHC HAS NOT RECOGNIZED ANY BENEFITS FROM UNCERTAIN TAX POSITIONS IN THE YEAR ENDED JANUARY 31, 2024 AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE STATEMENTS OF FINANCIAL POSITION DATE. AHC EVALUATED ITS TAX POSITION AND CONCLUDED THAT ALL OF THE POSITIONS TAKEN BY AHC WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION, BASED ON TECHNICAL MERITS. THE INFORMATION RETURNS OF AHC FOR THE YEARS ENDED JANUARY 31, 2021, 2022, AND 2023 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. EVERYDAY WARRIORS INC. 10000 10000 CADETS FOR VETS 19700 19700 2 40000 40000 69700 69700 1 RENT SUBSIDIES 63 375104 COST FMV THIS EXPENSE IS DONATIONS FROM LA SALLE INSTITUTE AND DONATION OF FURNITURE TO VETERAN CLIENTS. PART I, LINE 2: RENT SUBSIDIES: PARTICPANT MUST BE MEMBER OF A VETERAN FAMILY, OF VERY LOW INCOME, CURRENTLY RESIDING IN PERMANENT HOUSING AND AT RISK OF BECOMING HOMELESS. QUALIFYING PARTICIPANTS ARE POTENTIALLY ELIGIBLE FOR TEMPORARY ASSISTANCE FOR RENT, SECURITY DEPOSITS, UTILITIES, MOVING COSTS, TRANSPORTATION, CHILD CARE, AND GENERAL HOUSING STABILITY. ASSISTANCE IS PAID DIRECTLY TO A THIRD PARTY ON BEHALF OF THE PARTICIPANT. A PAYMENT VOUCHER IS APPROVED BY THE DIRECTOR OF VETERAN SERVICES AND EXECUTIVE DIRECTOR. SIGNED CHECKS ARE GIVEN TO THE SSVF COORDINATOR FOR DISTRIBUTION. RECORDS, INCLUDING DETAILS/DOCUMENTATION OF PAYMENT AND PARTICPANT'S HOUSING STABILITY PLAN, ARE MAINTAINED JUSTIFYING THE PROVISION OF ASSISTANCE PAYMENTS. FORM 990, PART VI, SECTION B, LINE 11B AS PART OF THE ANNUAL AUDIT, OUR INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARES A DRAFT OF FORM 990 AND RELATED SUPPORTING SCHEDULES FROM OUR INTERNAL RECORDS. THERE IS AN IMMEDIATE REVIEW BY THE EXECUTIVE DIRECTOR AND ASSOCIATE DIRECTOR TO OVERSEE THESE SERVICES, MAKE ALL MANAGEMENT DECISIONS, AND PERFORM ALL MANAGEMENT FUNCTIONS. THE DRAFT 990 AND ANNUAL AUDIT ARE REVIEWED BY THE BOARD OF DIRECTORS FOR COMMENTS AND ACCEPTANCE. WE HAVE REVIEWED, APPROVED, AND ACCEPTED RESPONSIBILITY FOR FORM 990 AND THE RELATED SUPPORTING SCHEDULES AND BELIEVE THEY ARE ADEQUATELY SUPPORTED BY THE BOOKS AND RECORDS OF ALBANY HOUSING COALITION, INC. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CODE OF CONDUCT ANNUALLY. BOARD MEMBERS DISCLOSE ANY CONFLICTS TO THE FULL BOARD. UPON HIRE AND SEVERAL TIMES A YEAR AT STAFF MEETINGS, CODE OF CONDUCT, CODE OF ETHIC, AND CONFLICT RESOLUTION POLICIES ARE REVIEWED WITH EMPLOYEES. EMPLOYEE ACKNOWLEDGEMENT IS VERIFIED WITH SIGNED DOCUMENTS THAT ARE KEPT IN EACH EMPLOYEE FILE. CONFLICT RESOLUTION IS FIRST DISCUSSED WITH THE SUPERVISOR AND REFERRED TO THE EXECUTIVE DIRECTOR IF NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT ANNUALLY WRITES A REVIEW FOR THE EXECUTIVE DIRECTOR AND DISTRIBUTES TO EACH BOARD MEMBER VIA MAIL. THE BOARD ALSO RECEIVES AN EXECUTIVE SALARY COMPENSATION SPREADSHEET COMPARING EXECUTIVE DIRECTOR SALARIES AMONG SEVERAL LOCAL AND OTHER COMPARABLE VETERANS ORGANIZATIONS. THE BOARD OF DIRECTORS USES AN EXECUTIVE SESSION TO DISCUSS THE REVIEW. THE EXECUTIVE DIRECTOR IS SUBSEQUENTLY INVITED TO FURTHER DISCUSS THE REVIEW. NO MEMBER OF THE BOARD OF DIRECTORS RECEIVES COMPENSATION. FORM 990, PART VI, LINE 15B: THE EXECUTIVE DIRECTOR IS THE ONLY ALBANY HOUSING COALITION, INC. EMPLOYEE MEETING THE DEFINITION OF A "TOP MANAGEMENT OFFICIAL". THERE ARE NO "KEY EMPLOYEES". SEE RESPONSE ABOVE TO FORM 990, PART VI, LINE 15A. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC REQUESTS, IF ANY, FOR POLICY AND GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS, ARE GRANTED. FORM 990 - PART XII - LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.