2025-10-14T14:07:29-04:00 2024-11-30 133747593 VARGAS & RIVERA CPA'S LLP 586 ROUTE 304 NEW CITY NY 10956 990 2023-12-01 134146104 607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION 607C 3476493270 920 PROSPECT AVENUE BRONX NY 10459 RAUL RUSSI PRESIDENT 3476493270 2025-10-14 false LUIS C RIVERA P00645103 8456383113 2025-10-14 2023 2025-03-06 01:10:19Z RAUL RUSSI 1581809 false X X 2001 NY TO PROVIDE RESIDENTIAL RENTAL HOUSING TO LOW-INCOME DISABLED PERSONS THROUGH MONTHLY SUBSIDIES FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 5 5 1 5 0 0 1465095 1544205 3670 13923 9582 23681 1478347 1581809 0 0 146780 136698 0 0 1020410 1077982 1167190 1214680 311157 367129 3399815 3734021 9153873 9120950 -5754058 -5386929 TO PROVIDE RESIDENTIAL RENTAL HOUSING TO LOW-INCOME DISABLED PERSONS THROUGH MONTHLY SUBSIDIES FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. false false 1127812 1567886 TO PROVIDE, OPERATE AND MAINTAIN RESIDENTIAL HOUSING TO LOW-INCOME DISABLED PERSONS. 1127812 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 6 0 false 1 true false false false false false false false false X 5 5 false true false false false false false true true false false true true true true true true false false false NY X LYMARIS ALBORS 3476493270 920 PROSPECT AVENUE BRONX NY 10459 RAUL RUSSI PRESIDENT 1.00 X 0 909372 70634 LYMARIS ALBORS CEO 1.00 X 0 803886 39079 JOSE A RODRIGUEZ CLO 1.00 X 0 602553 37084 VICKY GATELL CFO 1.00 X 0 454869 42707 ELIEZER RODRIGUEZ ESQ CHAIR 1.00 X X 0 0 0 MARYBETH HOTALING ESQ TREASURER 1.00 X X 0 0 0 GILBERT HERNANDEZ SECRETARY 1.00 X X 0 0 0 CARMEN S MELERO VICE CHAIR 1.00 X X 0 0 0 ARNIE SEGARRA MEMBER 1.00 X 0 0 0 2770680 189504 false true false TENANT RENTAL INCOME 531310 1541355 1541355 PARKING FEES 531110 2850 2850 1544205 13923 13923 MISCELLANEOUS 23681 23681 23681 1581809 1581809 110516 110516 14323 14323 11859 11859 48315 48315 30300 30300 117650 117650 5911 5911 8253 8253 155186 155186 321033 321033 126138 126138 SECURITY 118738 118738 REPAIRS AND MAINTENANCE 66979 66979 REAL ESTATE TAXES 35598 35598 SUPPLIES AND MATERIALS 27633 27633 16248 16248 1214680 1127812 86868 0 200870 668367 994 542 47941 59614 9006055 6673885 2593403 2332170 556607 673328 3399815 3734021 186872 303885 8789367 8787578 177634 29487 9153873 9120950 X -5754058 -5386929 -5754058 -5386929 3399815 3734021 367129 X false true X true true true X 619773 814584 1097899 1465095 1581809 5579160 619773 814584 1097899 1465095 1581809 5579160 5579160 3670 3670 3670 3670 59498 41035 3948 9582 114063 679271 855619 1101847 1478347 1581809 5696893 0.97930 0.97300 0.00000 0.00000 X PART III, LINE 12 114,063 159800 159800 8704687 6562284 2142403 141568 111601 29967 2332170 REPLACEMENT RESERVE 458886 DUE FROM RELATED PARTIES 173411 TENANT SECURITY DEPOSITS 29487 RESIDUAL RECEIPTS 11404 UTILITY DEPOSIT 140 673328 TENANT SECURITY DEPOSIT 29487 29487 X 1581809 1581809 1581809 1214680 1214680 1214680 SCHEDULE D, PAGE 3, PART X PART X, LINE2: THE PROJECT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME. THE PROJECT HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. THE PROJECT FILES THE FORM 990 IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, AS OF NOVEMBER 30, 2023, THE PROJECT IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS ENDED PRIOR TO NOVEMBER 30, 2019. THE TAX RETURNS FOR THE YEARS ENDED NOVEMBER 30,2022 THROUGH NOVEMBER 30, 2019 ARE STILL SUBJECT TO POTENTIAL AUDIT BY THE IRS. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FURTHER, THERE ARE NO INCOME TAX RELATED PENALTIES AND INTEREST REFLECTED IN THESE FINANCIAL STATEMENTS. X X X false false false false false false false true false RAUL RUSSI PRESIDENT 698458 210914 22875 47759 980006 LYMARIS ALBORS CEO 620142 183744 22579 16500 842965 JOSE A RODRIGUEZ CLO 504163 98390 15250 21834 639637 VICKY GATELL CFO 381001 73868 15250 27457 497576 SCHEDULE J, PAGE 1, PART I, LINE 3 PURSUANT TO THE ORGANIZATIONS BYLAWS, THE ORGANIZATION DELEGATES TO ITS PARENT ENTITY THE HIRING OF THE CEO AND PRESIDENT. THE COMPENSATION OF THE EXECUTIVES IS APPROVED BY THE PARENT ENTITY, WHO HIRES A CONSULTANT TO CONDUCT A STUDY. A STANDING COMPENSATION COMMITTEE OF THE PARENT ENTITY REVIEWS A COMPENSATION STUDY AND VOTES ON HOW TO PROCEED. SCHEDULE J, PAGE 1, PART I, LINE 7 BONUSES FOR THE CEO AND PRESIDENT ARE APPROVED BY THE BOARD OF THE PARENT ENTITY. THE REMAINING EXECUTIVE BONUSES ARE APPROVED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 3 MANAGEMENT DUTIES ARE OVERSEEN BY A PROPERTY MANAGEMENT COMPANY APPROVED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE COMPLETED FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ENFORCEMENT OF CONFLICTS POLICY THE BOARD OF DIRECTORS PERIODICALLY EVALUATES EXISITNG AND POTENTIAL CONFLICT-OF-INTEREST WITHIN MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION INFORMATION IS AVAILABLE UPON REQUEST. 1068 FRANKLIN AVENUE HOUSING DEVELO 300 EAST 175TH STREET BRONX NY 10457 208317595 HOUSING NY 501C4 ACACIA false 1675 WESTCHESTER AVENUE HOUSING DEV 300 EAST 175TH STREET BRONX NY 10457 822957270 HOUSING NY 501C3 10 PHDFC false 414-418 EAST 119TH STREET GREENHOPE 300 EAST 175TH STREET BRONX NY 10457 133391215 HOUSING NY 501C3 7 ACACIA false 458 W 143RD STREET HDFC 300 EAST 175TH STREET BRONX NY 10457 264548133 HOUSING NY 501C3 10 ACDP false 760 762 763 FOX STREET HOUSING DE 300 EAST 175TH STREET BRONX NY 10457 133644188 HOUSING NY 501C3 NA false 920 PROSPECT AVENUE HOUSING DEVELOP 300 EAST 175TH STREET BRONX NY 10457 133805150 HOUSING NY 501C3 10 SBCMC false 920 PROSPECT GARDENS HOUSING DEVELO 300 EAST 175TH STREET BRONX NY 10457 463830943 HOUSING NY 501C3 10 SBCMC false ACACIA FLORIDA INC 300 EAST 175TH STREET BRONX NY 10457 810941278 DEVELOPMEN NY 501C3 ACACIA false ACACIA GARDENS HOUSING DEVELOPMENT 300 EAST 175TH STREET BRONX NY 10457 475653309 HOUSING NY 501C3 PROMESA HD false ACACIA NETWORK HOUSING INC 300 EAST 175TH STREET BRONX NY 10457 260076866 HOUSING NY 501C3 10 ACACIA false ACACIA NETWORK INC 300 EAST 175TH STREET BRONX NY 10457 134104082 ADMIN NY 501C3 12A NA false ACACIA PUERTO RICO INC 300 EAST 175TH STREET BRONX NY 10457 464966129 HOUSING NY 501C3 PROMESA false ACACIA REAL ESTATE DEVELOPMENT INC 300 EAST 175TH STREET BRONX NY 10457 823595330 DEVELOPMEN NY 501C3 ACACIA false ACACIA SENDERO VERDE HDFC INC 300 EAST 175TH STREET BRONX NY 10457 831897415 HOUSING NY 501C3 10 ACACIA RE false ACACIA SENDERO VERDE II HDFC INC 300 EAST 175TH STREET BRONX NY 10457 611926612 HOUSING NY 501C3 10 ACACIA RE false AUDUBON PARTNERSHIP FOR ECONOMIC D 300 EAST 175TH STREET BRONX NY 10457 133927797 COMMUNITY NY 501C3 7 ACACIA false AYUDA PUERTO RICO INC 300 EAST 175TH STREET BRONX NY 10457 822853993 HUMANITARI NY 501C3 7 ACACIA false BRONX ADDICTION SERVICES INTEGRATED 300 EAST 175TH STREET BRONX NY 10457 133244626 SOCIAL SER NY 501C3 7 ACACIA false BRONX COUNCIL FOR ECONOMIC DEVELO 300 EAST 175TH STREET BRONX NY 10457 133870544 SOCIAL SER NY 501C3 7 NA false BUFFALO HISPANIC MANAGEMENT COMPANY 300 EAST 175TH STREET BRONX NY 10457 223035890 REAL ESTAT NY 501C3 ACACIA false CAPITAL DISTRICT LATINO'S INC 300 EAST 175TH STREET BRONX NY 10457 453647494 SOCIAL SER NY 501C3 ACACIA false COMMUNITY ASSOCIATION OF PROGRESSIV 300 EAST 175TH STREET BRONX NY 10457 133266145 SOCIAL SER NY 501C3 7 ACACIA false CORPORATION FOR YOUTH ENERGY CORPS 300 EAST 175TH STREET BRONX NY 10457 133072640 YOUTH SERV NY 501C3 ACACIA false ERCCI MULTI-SERVICE CENTER INC 300 EAST 175TH STREET BRONX NY 10457 133263548 REAL ESTAT NY 501C3 10 ACACIA false EAST HARLEM COUNCIL FOR COMMUNITY I 300 EAST 175TH STREET BRONX NY 10457 132969933 HOUSING NY 501C3 10 ACACIA false EAST HARLEM COUNCIL FOR COMMUNITY I 300 EAST 175TH STREET BRONX NY 10457 274279072 HOUSING NY 501C3 10 ACACIA false EAST HARLEM COUNCIL FOR COMMUNITY I 300 EAST 175TH STREET BRONX NY 10457 274279228 HOUSING NY 501C3 10 ACACIA false EL BARRIO OPERATION FIGHTBACK INC 413 EAST 120TH ST NEW YORK NY 10035 133248777 HOUSING NY 501C3 10 ACACIA false EL CIMI HOUSING DEVELOPMENT FUND CO 300 EAST 175TH STREET BRONX NY 10457 133540837 HOUSING NY 501C3 7 ACACIA false EL REGRESO INC 300 EAST 175TH STREET BRONX NY 10457 061179595 SOCIAL SER NY 501C3 7 ACACIA false GENERAL DEVELOPMENT AND ORIENTATION 300 EAST 175TH STREET BRONX NY 10457 133333051 SOCIAL SER NY 501C3 7 ACACIA false GREENHOPE CANDACE HOUSE HOUSING DEV 300 EAST 175TH STREET BRONX NY 10457 261827054 HOUSING NY 501C3 10 ACACIA false GREENHOPE SERVICES FOR WOMEN INC 300 EAST 175TH STREET BRONX NY 10457 132813350 SOCIAL SER NY 501C3 7 ACACIA false HELLGATE MANAGEMENT CORP 300 EAST 175TH STREET BRONX NY 10457 132985574 REAL ESTAT NY 501C3 10 ACACIA false HISPANOS UNIDOS DE BUFFALO INC 300 EAST 175TH STREET BRONX NY 10457 161243094 SOCIAL SER NY 501C3 7 ACACIA false HUNTS POINT MULTI-SERVICE CENTER IN 300 EAST 175TH STREET BRONX NY 10457 132612532 SOCIAL SER NY 501C3 7 NA false INSTITUTE FOR THE PUERTO RICANHISP 300 EAST 175TH STREET BRONX NY 10457 132987263 SENIOR SER NY 501C3 7 ACACIA false LA CASA NUESTRA HDFC 413 EAST 120TH ST NEW YORK NY 10035 133802313 HOUSING NY 501C3 10 ACACIA false LA CASITA II HOUSING DEVELOPMENT FU 300 EAST 175TH STREET BRONX NY 10457 133621434 SOCIAL SER NY 501C3 NA false LATINO ALLIANCE RESOURCE AND MANAGE 300 EAST 175TH STREET BRONX NY 10457 457997184 SOCIAL SER NY 501C3 10 ACACIA false LER HDFC 413 EAST 120TH STREET NEW YORK NY 10035 134032452 HOUSING NY 501C3 10 ACACIA false LOISAIDA INC 300 EAST 175TH STREET BRONX NY 10457 133023183 COMMUNITY NY 501C3 7 ACACIA false MARIA ISABEL HOUSING DEVELOPMENT FU 300 EAST 175TH STREET BRONX NY 10457 133192496 HOUSING NY 501C3 10 NA false MELROSE PARK HOUSING DEVELOPMENT FU 300 EAST 175TH STREET BRONX NY 10457 811573115 HOUSING NY APPLIE 10 SBCMC false MICASITA HOUSING DEVELOPMENT FUND C 300 EAST 175TH STREET BRONX NY 10457 562373229 HOUSING NY 501C3 10 SBCMC false MINS COURT HOUSING COMPANY INC 300 EAST 175TH STREET BRONX NY 10457 453931968 HOUSING NY 501C3 10 SBCMC false OUB COURT HOUSING COMPANY INC 300 EAST 175TH STREET BRONX NY 10457 453932032 HOUSING NY 501C3 10 SBCMC false PROMESA ADMINISTRATIVE SERVICES ORG 300 EAST 175TH STREET BRONX NY 10457 133653276 MANAGEMENT NY 501C3 12A ACACIA false PROMESA FOUNDATION INC 300 EAST 175TH STREET BRONX NY 10457 133411787 ADMIN NY 501C3 12A ACACIA false PROMESA HOMEFIRST HOUSING DEVELOPME 300 EAST 175TH STREET BRONX NY 10457 322217515 DEVELOPMEN NY 501C3 10 PROMESA HD false PROMESA RESIDENTIAL HEALTH CARE FAC 300 EAST 175TH STREET BRONX NY 10457 133676681 NURSING HO NY 501C3 10 ACACIA false QUEENS VILLAGE COMMITTEE FOR MENTAL 300 EAST 175TH STREET BRONX NY 10457 112140888 SOCIAL SER NY 501C3 10 ACACIA false SOUTH BRONX COMMUNITY DEVELOPMENT C 300 EAST 175TH STREET BRONX NY 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