2025-11-07T06:40:57-06:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 50 ROCKEFELLER PLAZA NEW YORK NY 10020 990 2024-01-01 475484832 GRAND STREET NORTHWEST INC C/O COMERFORD & DOUGHERTY LLP GRAN 5162484817 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 MSGR KEVIN NELAN SECRETARY/DIRECTOR 5162484817 2025-11-04 1 1 AMANDA ADAMS P00748038 2126971000 2025-11-04 2024 2025-03-06 01:10:19Z MSGR KEVIN NELAN 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 32010908 0 X N/A X 2015 NY TO PROVIDE HOUSING AND RELATED FACILITIES AND SOCIAL SERVICES PROGRAMS TO LOW/MODERATE INCOME, ELDERLY, AND HANDICAPPED PERSONS. 6 5 0 0 0 0 5754000 0 3107685 1172609 777023 3619047 0 0 9638708 4791656 823203 818564 0 0 0 120000 0 0 0 2929614 2455169 3752817 3393733 5885891 1397923 126417633 129663421 14572623 13005398 111845010 116658023 TO PROVIDE HOUSING AND RELATED FACILITIES AND SOCIAL SERVICES PROGRAMS TO THE BROADEST RANGE OF LOW AND MODERATE INCOME PERSONS, ELDERLY PERSONS, AND HANDICAPPED PERSONS IN NEED ON A NONPROFIT BASIS WITHOUT REGARD TO RACE, CREED, SEX OR NATIONAL ORIGIN. 0 0 2224184 818564 1172609 THE ORGANIZATION CONSTRUCTS, DEVELOPS, AND OPERATES APARTMENT COMPLEXES FOR LOW AND MODERATE INCOME PERSONS, HANDICAPPED PERSONS, AND ELDERLY PERSONS AND FUNDS SOCIAL SERVICES PROGRAMS FOR SUCH FACILITIES. THE ORGANIZATION ALSO SUPPORTS OTHER ORGANIZATIONS ENGAGED IN SUCH ACTIVITIES, PRIMARILY THROUGH LENDING MONEY TO SUCH PROJECTS. 2224184 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THE WAVECREST MANAGEMENT TEAM 7184631200 87-14 116TH STREET RICHMOND HILL NY 11418 MSGR KEVIN SULLIVAN PRESIDENT/DIRECTOR 5.00 X X 0 0 0 MSGR KEVIN NELAN SECRETARY/DIRECTOR 5.00 X X 0 0 0 REV EDWARD BYRNE DIRECTOR 5.00 X 0 0 0 STANLEY GRAYSON DIRECTOR 5.00 X 0 0 0 DAVID GOMEZ DIRECTOR 5.00 X 0 0 0 KEVIN CRONIN DIRECTOR 5.00 X X 120000 0 0 120000 0 0 1 0 0 0 HANDEL ARCHITECTS LLP 120 BROADWAY 6TH FLOOR NEW YORK NY 10271 CONSULTING 2059798 GETO & DEMILLY INC 276 FIFTH AVENUE SUITE 806 NEW YORK NY 100014509 CONSULTING 181610 JAMES MCSPIRITT 160 EAST 38TH STREET APT 8E NEW YORK NY 10016 CONSULTING 180000 COMERFORD & DOUGHERTY LLP 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 LEGAL 152383 4 PROGRAM LOAN INTEREST 522292 976609 976609 DEVELOPMENT FEE INCOME 531390 196000 196000 1172609 3166815 3166815 27671484 27219252 452232 452232 452232 4791656 1172609 0 3619047 X 818564 818564 120000 120000 238888 151190 87698 76314 76314 124361 124361 552032 552032 7584 7584 1151 1151 822837 822837 40509 40509 FOOD PANTRY AND OTHER P 317389 317389 OTHER AFFORDABLE HOUSIN 248000 248000 FOREIGN TAX PAID 17009 17009 9095 9095 3393733 2224184 1169549 0 280808 138015 2412080 3065458 21086293 21086293 71905 75191 93291453 91460015 9275094 13838449 126417633 129663421 151499 428008 2031826 1995858 12346098 10569274 43200 12258 14572623 13005398 X 111845010 116658023 111845010 116658023 126417633 129663421 1397923 2839552 575538 0 X 0 1 X 1 0 X X 1 ASSOCIATION OF NEW YORK CATHOLIC HOMES INC 270335937 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 DEFERRED DEVELOPMENT FEE RECEIVABLE 7380000 PRE-DEVELOPMENT COSTS 2860923 INTEREST RECEIVABLE - PROGRAM LOANS 2785244 DUE FROM ATTORNEY STREET ASSOCIATES LLC 521764 OTHER ASSETS 239908 ACCRUED INTEREST AND DIVIDEND RECEIVABLE 26165 DUE FROM ATTORNEY STREET DEVELOPMENT INC. 24445 13838449 DUE TO GRAND STREET GUILD EAST HDFC INC. 12258 12258 X PART X, LINE 2: GAAP REQUIRES EVALUATION OF THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT SUSTAINABLE UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE TAX POSITIONS, AND THEN RECOGNIZING THE TAX BENEFIT THAT IS MORE LIKELY THAN NOT REALIZABLE. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE IN THE CURRENT REPORTING PERIOD. MANAGEMENT BELIEVES ANY SUCH POSITIONS WOULD BE IMMATERIAL TO THE OVERALL CONSOLIDATED FINANCIAL STATEMENTS. 1 CATHOLIC CHARITIES COMMUNITY SERVICES ARCHDIOCESE OF NY 488 MADISON AVENUE 3RD FLOOR NEW YORK NY 10022 135562185 501(C)(3) 725461 0 SOCIAL SERVICE PROGRAMS HENRY STREET SETTLEMENT 265 HENRY STREET NEW YORK NY 10002 131562242 501(C)(3) 93103 0 SOCIAL SERVICE PROGRAMS 2 0 PART I, LINE 2: GRAND STREET NORTHWEST INC.'S AUDIT COMMITTEE OVERSEES THE GRANT-MAKING PROCESS. RECIPIENTS OF GRANTS ARE REQUIRED TO PROVIDE ANNUAL REPORTS WHICH PROVIDE A FINANCIAL BREAKDOWN OF THE APPLICATION OF THE GRANT. THE COMMITTEE MAY ALSO OBTAIN FINANCIAL STATEMENTS FROM GRANT RECIPIENTS. FORM 990, PART VI, SECTION A, LINE 3 WAVECREST MANAGEMENT IS RESPONSIBLE FOR THE OVERALL MAINTENANCE AND OPERATIONS OF THE REAL PROPERTIES OWNED BY THE ORGANIZATION, SUBJECT TO THE SUPERVISION OF THE BOARD OF DIRECTORS. WAVECREST IS ALSO RESPONSIBLE FOR PLANNING AND IMPLEMENTING THE BUDGET OF THE ORGANIZATION. NO OFFICERS OR DIRECTORS WERE COMPENSATED BY WAVECREST FOR SERVICES PROVIDED TO THE FILING ORGANIZATION OR RELATED ORGANIZATIONS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS THE ASSOCIATION OF NEW YORK CATHOLIC HOMES, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S DIRECTORS ARE ELECTED BY THE MEMBER OF THE ORGANIZATION AT THE ANNUAL MEETING OF THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS REQUIRE THE VOTE OF A MAJORITY OF THE DIRECTORS OF THE MEMBER: 1. ELECTION OF THE CHAIR OF THE BOARD; 2. ANY AMENDMENT TO THE CERTIFICATE OF INCORPORATION, BYLAWS, OR MISSION STATEMENT OF THE ORGANIZATION OR THE APPROVAL OF ANY AMENDMENT OF THE OPERATING AGREEMENT OR ARTICLES OF ORGANIZATION OF CLINTON BROOME STREET DEVELOPMENT LLC; 3. APPROVAL OF ANY EXPENDITURE IN EXCESS OF $100,000 OR ANY MAJOR CAPITAL IMPROVEMENT IN EXCESS OF $100,000 BY THE ORGANIZATION OR THE LLC; 4. APPROVAL OF ANY DEBT INCURRENCE SECURED BY THE PROPERTY, REVENUES, OR OTHER ASSETS OF THE ORGANIZATION OR THE LLC; 5. APPROVAL OF ANY UNSECURED DEBT INCURRENCE BY THE ORGANIZATION OR THE LLC IN AN AMOUNT GREATER THAN (I) THREE MILLION DOLLARS OR (II) 5% OF THE ORGANIZATION'S OR LLC'S OPERATING BUDGET; 6. APPROVAL OF ANY TRANSACTION BY THE ORGANIZATION OR LLC THAT REQUIRES APPROVAL IN ACCORDANCE WITH THE MEMBER'S BYLAWS; AND 7. APPROVAL OF THE ESTABLISHMENT OF A NEW RELATED ENTITY OF THE ORGANIZATION OR LLC. FORM 990, PART VI, SECTION B, LINE 11B A TENTATIVE DRAFT OF THE FORM 990 (BEFORE IT IS FINALIZED AND SENT TO IRS) IS SENT TO THE ORGANIZATION'S LEGAL COUNSEL VIA EMAIL, WHO REVIEWS AND DISCUSSES THE RETURN WITH THE GOVERNING BODY ALONG WITH THE UNDERLYING FINANCIAL STATEMENTS. ANY SUGGESTED CHANGES OR COMMENTS AND QUESTIONS ARE THEN DISCUSSED WITH THE CPA BY A CONFERENCE CALL. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR OR TRUSTEE IS REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS IN A BOARD MEETING. IF AN ITEM OF CONFLICT COMES TO SURFACE, THE BOARD DISCUSSES AND VOTES ON IT BEFORE REWARDING ANY CONTRACTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ETC. ARE MADE AVAILABLE TO PUBLIC UPON REQUEST. THE COPIES OF THESE DOCUMENTS ARE KEPT AT THE MANAGING AGENT'S OFFICE AND ONCE REQUESTED, THE AGENT WILL MAIL SUCH COPIES BY REGULAR MAIL. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 413,169. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 413,169. ARCHITECT FEES: PROGRAM SERVICE EXPENSES 85,856. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,856. ADR FEE: PROGRAM SERVICE EXPENSES 53,007. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,007. CLINTON BROOME DEVELOPMENT LLC 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 611773787 PLANNING, DEVELOPMENT, OPERATION, AND OWNERSHIP OF AFFORDABLE HOUSING NY 4021741 130292250 GRAND STREET NORTHWEST INC GRAND STREET GUILD EAST HFDC INC 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 132679032 LOW-INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 GRAND STREET GUILD HFDC INC 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 132679033 LOW-INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 SOUTHEAST GRAND STREET GUILD HFDC INC 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 132679034 LOW-INCOME HOUSING NY 501(C)(3) LINE 10 N/A 0 ATTORNEY STREET DEVELOPMENT INC 1122 FRANKLIN AVENUE SUITE 406 GARDEN CITY NY 11530 464832959 HOUSING FOR LOW-MODERATE INCOME, ELDERLY, AND HANDICAPPED PERSONS NY 501(C)(3) LINE 12A, I ASSOCIATION OF NEW YORK CATHOLIC HOMES 0 ASSOCIATION OF NEW YORK CATHOLIC HOMES INC 488 MADISON AVENUE 3RD FLOOR NEW YORK NY 10022 270335937 PROTECT, PRESERVE, AND DEVELOP AFFORDABLE HOUSING NY 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0