2025-05-14T08:07:57-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2023-07-01 464555144 HOUSING WORKS LYMAN PROSPECT HDFC HOUS 3474737400 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 IAN HANLEY CFO 3474737400 2025-05-13 1 1 LORI ROTHE YOKOBOSKY P01273422 2122970400 2025-05-04 2023 2025-03-06 01:10:19Z CHARLES KING 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 304514 0 X WWW.HOUSINGWORKS.ORG X 2013 NY TO PROVIDE HOUSING FOR FORMERLY HOMELESS PERSONS OF LOW INCOME WITH AIDS OR HIV-RELATED ILLNESSES. 3 1 0 1 0 0 0 0 302476 291008 0 0 0 13506 302476 304514 0 0 0 0 0 0 0 0 0 537234 401123 537234 401123 -234758 -96609 580982 566366 2264590 2346583 -1683608 -1780217 HOUSING WORKS LYMAN PROSPECT HOUSING DEVELOPMENT FUND CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO PROVIDE SUPPORTIVE HOUSING RESIDENCE FOR HOMELESS OR FORMERLY HOMELESS PERSONS OF LOW INCOME WITH AIDS OR HIV-RELATED ILLNESSES. 0 0 401123 304514 HOUSING WORKS LYMAN PROSPECT HOUSING DEVELOPMENT FUND CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO PROVIDE SUPPORTIVE HOUSING RESIDENCE FOR HOMELESS OR FORMERLY HOMELESS PERSONS OF LOW INCOME WITH AIDS OR HIV-RELATED ILLNESSES AT TWO APARTMENT BUILDINGS AT 1344 LYMAN PLACE, BRONX, NEW YORK AND 1412 PROSPECT AVENUE, BRONX, NEW YORK. 401123 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 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 3 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X IAN HANLEY 3474737400 57 WILLOUGHBY STREET 2ND FLOOR BROOKLYN NY 11201 ANDREW COAMEY SECRETARY 1.00 39.00 X X 0 248588 35201 CHARLES KING CHAIR/CHIEF EXECUTIVE OFFICER 1.00 39.00 X X 0 452553 20958 EARL WARD ESQ VICE CHAIR 1.00 9.00 X X 0 0 0 JOLANTA ILCZUK CHIEF FINANCIAL OFFICER (OUTGOING) 1.00 39.00 X 0 266895 7199 0 968036 63358 0 0 1 0 0 RENTAL INCOME 624200 291008 291008 291008 INSURANCE PROCEEDS 900099 13506 13506 13506 304514 304514 0 0 139394 139394 7019 7019 2206 2206 10681 10681 12732 12732 962 962 156476 156476 1180 1180 18395 18395 3601 3601 BAD DEBTS 33572 33572 EQUIPMENT RENTAL, REPAI 4010 4010 CLIENT PARTICIPATION EX 832 832 10063 10063 401123 401123 0 0 99755 117761 33340 19047 2841263 2417921 441737 423342 6150 6216 580982 566366 27411 37805 1379464 1379464 857715 929314 2264590 2346583 X -1683608 -1780217 -1683608 -1780217 580982 566366 -96609 0 X X 0 1 X 1 1 1 X 205518 138277 223311 302476 291008 1160590 205518 138277 223311 302476 291008 1160590 0 0 0 1160590 340 340 340 340 142430 13506 155936 348288 138277 223311 302476 304514 1316866 0.88130 0.89600 0.00030 0.00020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 142,430. 2023 AMOUNT: $ 13,506. 32983 32983 2808280 2417921 390359 423342 DUE TO AFFILIATES 929314 929314 X 190183940 189879426 189879426 304514 0 304514 193304185 192903062 192903062 401123 0 401123 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, 2024, 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 2021 ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATIONS 193,794,227. OTHER INTERCOMPANY ELIMINATIONS -3,914,801. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATIONS -1,414,801. OTHER INTERCOMPANY ELIMINATIONS 194,317,863. 0 0 0 0 0 0 0 0 0 CHARLES KING CHAIR/CHIEF EXECUTIVE OFFICER 0 377391 0 74400 0 762 0 4500 0 16458 0 473511 0 0 ANDREW COAMEY SECRETARY 0 215630 0 32700 0 258 0 3429 0 31772 0 283789 0 0 JOLANTA ILCZUK CHIEF FINANCIAL OFFICER (OUTGOING) 0 230633 0 35500 0 762 0 4653 0 2546 0 274094 0 0 PART I, LINE 3 CEO COMPENSATION IS DETERMINDED BY THE PARENT ORGANIZATION, HOUSING WORKS, INC. 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 VI, SECTION B, LINES 13 AND 14: THE ORGANIZATION OPERATES UNDER THE WHISTLEBLOWER AND DOCUMENT RETENTION POLICIES OF ITS PARENT ORGANIZATION, HOUSING WORKS, INC. FORM 990, PART XII, LINE 3B: 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 133165181 HOUSING NY 501(C)(3) LINE 7 HWI 0 HIV LAW PROJECT INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133730564 LEGAL SERVICE NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS 220 HULL HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 204753869 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS 454 LEXINGTON AVENUE HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 200799665 HOUSING NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS 874 JEFFERSON AVENUE HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 611432867 HOUSING 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 EAST NEW YORK HDFC 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 SERVICES 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 HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133775886 HOUSING 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 PITKIN AVENUE HDFC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 300055831 HOUSING NY 501(C)(3) LINE 10 HWI 0 HOUSING WORKS SERVICES II INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133818122 HOMELESS AID NY 501(C)(3) LINE 7 HWI 0 HOUSING WORKS SERVICES INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 133779481 HOMELESS AID 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 HOUSING WORKS USED BOOK CAFE INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 260720507 USED BOOKS NY 501(C)(3) LINE 10 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 INTERCAMBIOS PUERTO RICO INC CALLE ROUND F-26 URB MONTE BRI FAJARDO PR 00738 660731885 HOMELESS AID NY 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 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 CORPORAITON 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 HOUSING WORKS CONSULTING INC 57 WILLOUGHBY STREET 2ND FL BROOKLYN NY 11201 991874253 HOUSING NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 1