2024-11-06T13:07:04-06:00 2023-12-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2023-01-01 204981328 HARRY & JEANETTE WEINBERG GARDENS HOUSING DEVELOPMENT FUND COMPANY INC HARR 2128705000 120 WEST 106TH ST NEW YORK NY 10025 MARK WEISS CFO 2128705000 2024-11-05 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2024-11-05 2023 2024-10-15 13:58:12Z THE NEW JEWISH HOME HARRY AND JEANETTE WEINBERG GARDENS JEFFREY FARBER MD 120 WEST 106TH ST NEW YORK NY 10025 1638961 0 X WWW.JEWISHHOME.ORG X 2006 NY OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES. 7 5 0 5 0 0 0 0 1470829 1534763 27694 100402 11305 3796 1509828 1638961 0 0 0 0 0 0 0 0 0 1557484 1602105 1557484 1602105 -47656 36856 16877104 17149304 14671831 14907175 2205273 2242129 OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES. 0 0 1511837 1538559 WEINBERG GARDENS IS A HOUSING AND URBAN DEVELOPMENT (HUD) 202 SENIOR APARTMENT RESIDENCE, AND IS THE THIRD SUCH BUILDING CONSTRUCTED BY THE ORGANIZATION THE 72 ONE-BEDROOM APARTMENT BUILDING FEATURES COMMUNITY SPACES, ON-SITE LAUNDRY, A SPACIOUS LANDSCAPED DECK AND 24 HOUR SECURITY ALL APARTMENTS HAVE KITCHENS AND ARE HANDICAPPED ACCESSIBLE THE BUILDING, LOCATED AT 2550 WEBB AVENUE, BRONX, NY, OPENED IN 2010 AND WAS MADE POSSIBLE IN PART BY A GRANT FROM THE HARRY AND JEANETTE WEINBERG FOUNDATION, ONE OF THE LARGEST PRIVATE FOUNDATIONS IN THE UNITED STATES THE WEINBERG FOUNDATION PROVIDES GRANTS TO NOT-FOR-PROFITS THAT PROVIDE DIRECT SERVICES TO LOW-INCOME AND VULNERABLE INDIVIDUALS AND FAMILIES. 1511837 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X MARK WEISS 2128705000 120 WEST 106TH ST NEW YORK NY 10025 ALAN ALTSCHULER TREASURER 0.20 2.60 X X 0 0 0 ELIZABETH PAGEL SEREBRANSKY CO-CHAIR 0.20 2.60 X X 0 0 0 JEFFREY FARBER MD PRESIDENT AND CEO 0.20 44.80 X X 0 1151356 61538 LISA FEINER DIRECTOR 0.20 1.20 X 0 0 0 MARK WEISS CFO 0.20 44.80 X X 0 574754 22692 PETER HESS DIRECTOR 0.20 1.20 X 0 0 0 TAMI J SCHNEIDER CO-CHAIR 0.20 2.60 X X 0 0 0 LYNN OBERLAND SECRETARY 0.20 2.60 X 0 0 0 0 1726110 84230 0 0 1 0 0 APARTMENT RENTALS 532000 1534763 1534763 1534763 100402 100402 LAUNDRY AND VENDING 531390 2905 2905 UTILITY CHARGES/REIMBU 531390 58 58 833 833 3796 1638961 1538559 0 100402 277483 203375 74108 592 592 15487 15487 9958 9958 406250 406250 539210 539210 1606 1606 REPAIRS AND MAINTENANCE 283805 283805 BAD DEBTS 31515 31515 RENT FREE UNIT 22500 22500 TAXES, LIC. & PERMITS 794 794 12905 12232 673 1602105 1511837 90268 0 111621 20810 38993 39068 70461 58899 1703 1270 19654600 5987874 14172206 13666726 2482120 3362531 16877104 17149304 1462472 1675987 7628 6111 17755 17843 12977200 12977200 206776 230034 14671831 14907175 X 2205273 2242129 2205273 2242129 16877104 17149304 36856 0 X 0 1 X 1 1 1 X 870912 4664717 1436547 1470829 1534763 9977768 870912 4664717 1436547 1470829 1534763 9977768 0 0 0 9977768 8453 9946 8385 27694 100402 154880 8453 9946 8385 27694 100402 154880 90012 8553 2297 11305 3796 115963 969377 4683216 1447229 1509828 1638961 10248611 0.97360 0.98100 0.01510 0.00640 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 380. 2020 AMOUNT: $ 6,085. 2021 AMOUNT: $ 666. 2022 AMOUNT: $ 9,868. 2023 AMOUNT: $ 833. LAUNDRY AND VENDING - 2019 AMOUNT: $ 1,867. 2020 AMOUNT: $ 2,468. 2021 AMOUNT: $ 1,631. 2022 AMOUNT: $ 1,437. 2023 AMOUNT: $ 2,905. MORTGAGOR REVENUE - 2019 AMOUNT: $ 87,765. UTILITY CHARGES - 2023 AMOUNT: $ 58. 0 1 X 1 1 18770211 5246781 13523430 813394 720066 93328 70994 21027 49967 13666726 REPLACEMENT RESERVE 1891261 RESIDUAL RECIEPTS 1451252 TENANT SECURITY DEPOSITS 20018 3362531 DUE TO RELATED ORGANIZATIONS 230034 230034 X 1638961 0 1638961 0 1638961 1602105 0 1602105 0 1602105 PART IV, LINE 2B: WEINBERG GARDENS IS REQUIRED TO PLACE TENANT SECURITY DEPOSITS INTO AN INTEREST BEARING ACCOUNT. ALL TENANT SECURITY DEPOSITS ARE CONSIDERED THE PROPERTY OF THE TENANT AND MAY NOT BE COMMINGLED WITH PERSONAL MONIES OR BECOME AN ASSET OF WEINBERG GARDENS. UPON CESSATION OF EACH TENANT'S STAY AT WEINBERG GARDENS, THE SECURITY DEPOSIT IS RETURNED TO THE TENANT OR A FAMILY MEMBER. PART X, LINE 2: THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 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 FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. 0 1 0 0 0 0 0 0 0 JEFFREY FARBER MD PRESIDENT AND CEO 0 926051 0 224063 0 1242 0 10342 0 51196 0 1212894 0 0 MARK WEISS CFO 0 518389 0 55123 0 1242 0 5336 0 17356 0 597446 0 0 PART I, LINE 4B THE PRESIDENT AND CEO PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN WITH A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS OF WEINBERG GARDENS HAS OUTSOURCED THE MANAGEMENT OF THE PROPERTY TO A PROPERTY MANAGEMENT COMPANY WHICH IS RESPONSIBLE FOR THE COLLECTION OF RENTS. PAYMENT OF BILLS, MAKING PERIODIC INSPECTIONS OF THE BUILDING, MAKING ANY NECESSARY REPAIRS TO THE BUILDING. PREPARING MONTHLY FINANCIAL STATEMENTS AND SUBMITTING THEM TO THE OWNER. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS JEWISH HOME LIFECARE, HARRY AND JEANETTE WEINBERG CAMPUS, BRONX A NEW YORK NOT-FOR-PROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A JEWISH HOME LIFECARE MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE COMPLETED RETURN IS REVIEWED BY MANAGEMENT. ANY COMMENTS ARISING FROM THE REVIEW ARE DISCUSSED AND IF REQUIRED, CHANGES ARE MADE. THE DRAFT IS SUBMITTED TO THE AUDIT AND COMPLIANCE CHAIR OF THE NEW JEWISH HOME AND SUBSIDIARIES FOR ITS REVIEW AND APPROVAL. ONCE THE AUDIT AND COMPLIANCE CHAIR COMPLETES HIS REVIEW, A COPY OF THE DRAFT RETURN WAS PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL BOARD MEMBERS. OFFICERS, AND KEY EMPLOYEES ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE ASKED TO REVIEW THE POLICY AND TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY HAVE OCCURRED SINCE THE LAST DISCLOSURE. THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD REVIEWS THE DISCLOSURES AS SUMMARIZED BY THE COMPLIANCE DEPARTMENT. ALL IDENTIFIED CONFLICTS OF INTEREST ARE DISCUSSED AND EITHER APPROVED OR REJECTED BY THE BOARD. IF THE BOARD OF DIRECTORS OR THE GOVERNANCE COMMITTEE DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THE DIRECTOR WITH THE CONFLICT MAY NOT TAKE PART IN THE DECISION TO WHICH THE CONFLICT RELATES. SUCH DISCLOSURE AND THE FACT THAT THE DIRECTOR DID NOT VOTE OR PARTICIPATE IN THE DELIBERATIONS IS RECORDED IN THE RELEVANT MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 156 WEST 106TH STREET 120 WEST 106TH ST NEW YORK NY 10025 270308650 HEALTH SERVICES NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 FUND FOR THE AGED 120 WEST 106TH ST NEW YORK NY 10025 133603516 FUNDRAISING NY 501(C)(3) LINE 7 JEWISH HOME LIFECARE 0 GERIATRIC CAREER DEVELOPMENT PROGRAM INC 120 WEST 106TH ST NEW YORK NY 10025 462452619 HEALTH SERVICES NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 HARRY & JEANETTE WEINBERG RIVERDALE HDFC 120 WEST 106TH ST NEW YORK NY 10025 133865179 AFFORDABLE HOUSING NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE HARRY & JEANETTE WEINBERG BRONX 0 JEWISH HOME LIFECARE 120 WEST 106TH ST NEW YORK NY 10025 133267073 HEALTH SERVICES NY 501(C)(3) LINE 10 N/A 0 JEWISH HOME LIFECARE COMMUNITY SERVICES 120 WEST 106TH ST NEW YORK NY 10025 270158524 HOME HEALTH AGENCY NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 JEWISH HOME LIFECARE HARRY & JEANETTE WEINBERG BRONX 120 WEST 106TH ST NEW YORK NY 10025 237071900 HEALTH SERVICES NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 JEWISH HOME LIFECARE MANHATTAN 120 WEST 106TH ST NEW YORK NY 10025 131624033 HEALTH SERVICES NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 JEWISH HOME LIFECARE SARAH NEUMAN CENTER 120 WEST 106TH ST NEW YORK NY 10025 133620568 HEALTH SERVICES NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 JEWISH HOME LIFECARE UNIVERSITY AVE ASSISTED LIVING 120 WEST 106TH ST NEW YORK NY 10025 273960910 ASSISTED LIVING NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 JHL CORPORATE SERVICES 120 WEST 106TH ST NEW YORK NY 10025 263385174 HEALTH SERVICES NY 501(C)(3) LINE 12A, I JEWISH HOME LIFECARE 0 KENNETH GLADSTONE BUILDING HDFC 120 WEST 106TH ST NEW YORK NY 10025 134078893 AFFORDABLE HOUSING NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE 0 KITTAY HOUSE 120 WEST 106TH ST NEW YORK NY 10025 132619576 AFFORDABLE HOUSING NY 501(C)(3) LINE 10 JEWISH HOME LIFECARE HARRY & JEANETTE WEINBERG BRONX 0 W K DIAGNOSTIC & TREATMENT CENTER 120 WEST 106TH ST NEW YORK NY 10025 133527664 HEALTH SERVICES NY 501(C)(3) PF JEWISH HOME LIFECARE 0 102 WEST 107TH STREET CORPORATION 120 WEST 106TH STREET NEW YORK NY 10025 132760057 PARKING GARAGE NY N/A C 0 2614 KINGSBRIDGE CORP 120 WEST 106TH STREET NEW YORK NY 10025 132749776 PARKING GARAGE NY N/A C 0 GC DEVELOPMENT HOLDINGS 120 WEST 106TH STREET NEW YORK NY 10025 883338772 PERSONAL CARE WORKER NY N/A C 0 JEWISH HOME LIFECARE MANAGEMENT LLC 120 WEST 106TH STREET NEW YORK NY 10025 320359277 PERSONAL CARE WORKER NY N/A C 0 JEWISH HOME LIFECARE TRANSPORTATION 120 WEST 106TH STREET NEW YORK NY 10025 134188218 PARKING GARAGE NY N/A C 0 JEWISH HOME LIFECARE HOME ASSISTANCE 120 WEST 106TH STREET NEW YORK NY 10025 133267068 PERSONAL CARE WORKER NY N/A C 0 JEWISH HOME LIFECARE SPECTRUM SERVICES 120 WEST 106TH STREET NEW YORK NY 10025 453563804 PERSONAL CARE WORKER NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0