2025-05-14T11:00:04-05:00 2024-06-30 161131146 BONADIO & CO LLP 6 WEMBLEY CT ALBANY NY 12205 990 2023-07-01 141819599 TERESIAN HOUSE HOUSING CORPORATION TERE 5186409406 100 WHITE PINE DRIVE ALBANY NY 12203 KATHLEEN RICHARDS CHIEF EXECUTIVE OFFICER 5186409406 2025-05-14 1 1 KENNETH MCGIVNEY P01324731 5184644080 2025-05-14 2023 2025-03-06 01:10:19Z AVILA RETIREMENT KATHLEEN RICHARDS 100 WHITE PINE DRIVE ALBANY NY 12203 9490499 0 X WWW.AVILARETIREMENT.COM X 1999 NY TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILTIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. 6 6 51 6 0 0 0 0 9116146 9400266 57029 47332 15141 42101 9188316 9489699 0 0 0 0 1759678 1832564 0 0 0 6698377 7499257 8458055 9331821 730261 157878 33377189 30912851 53370699 50609336 -19993510 -19696485 TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILITIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. 0 0 8225681 9442367 THE FUNCTION OF THE TERESIAN HOUSE HOUSING CORPORATION, ALSO KNOW AS, AVILA RETIREMENT COMMUNITY, IS TO PROVIDE RESIDENTS WITH INDEPENDENT LIVING APARTMENTS AND COTTAGES AND TO PROVIDE THE RESIDENTS WITH CENTRAL DINING AND SPACE FOR A VARIETY OF SOCIAL AND RECREATIONAL ACTIVITIES 8225681 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 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 0 0 0 0 0 0 1 31 0 1 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X KATHLEEN RICHARDS 5186409406 100 WHITE PINE DRIVE ALBANY NY 12203 VINCENT COLONNO TREASURER 2.00 X X 0 0 0 KENNETH RAYMOND DIRECTOR 2.00 X 0 0 0 JULIE CALARESO ESQ DIRECTOR 2.00 X 0 0 0 BOB FISK DIRECTOR 2.00 X 0 0 0 EDWARD MCNAMARA DIRECTOR 2.00 X 0 0 0 CHRISTINE CARY DIRECTOR 2.00 X 0 0 0 DONNA SMITH CEO, THRU 8/31/2023 40.00 X 94721 0 0 KATHLEEN RICHARDS EXECUTIVE DIRECTOR 40.00 X 38223 0 0 132944 0 0 1 0 0 0 MARIN PROPERTY SERVICES PO BOX 364 VOORHEESVILLE NY 12186 LANDSCAPING 124229 1 RESIDENT SERVICE FEES 532000 8035073 8035073 ENTRANCE FEES 532000 1198838 1198838 OTHER RESIDENTIAL REVE 532000 166355 166355 9400266 34832 34832 13300 800 12500 12500 12500 MISCELLANEOUS INCOME 531390 42101 42101 42101 9489699 9442367 0 47332 X 132944 106355 26589 1324518 863324 461194 268071 209095 58976 107031 69716 37315 2729 2729 169500 169500 2766900 2742295 24605 113504 112196 1308 39472 39472 865300 812785 52515 1213657 1177295 36362 1276209 1186874 89335 199481 185517 13964 EQUIPMENT REPAIRS 478105 457613 20492 TELEPHONE & INTERNET 189724 118742 70982 RESIDENT SERVICES 110752 110752 MISCELLANEOUS 59716 58914 802 14208 14208 9331821 8225681 1106140 0 658244 91146 550091 442354 181553 33719 45434163 25288084 21130209 20146079 10857092 10199553 33377189 30912851 1423890 1147395 414927 78754 10885000 10040000 44426 23999 5027526 4337911 1687133 1663828 33887797 33317449 53370699 50609336 X -19993510 -19696485 -19993510 -19696485 33377189 30912851 X 157878 224548 -85401 X X 0 1 X 1 0 X 7912241 7447677 8349977 9131287 9442367 42283549 7912241 7447677 8349977 9131287 9442367 42283549 0 0 0 42283549 19651 4966 1184 32999 34382 93182 19651 4966 1184 32999 34382 93182 7931892 7452643 8351161 9164286 9476749 42376731 0.99780 0.99660 0.00220 0.00340 X 0 0 43580721 23630398 19950323 585956 441430 144526 1267486 1216256 51230 20146079 ASSETS WHOSE USE IS LIMITED 3948127 RIGHT-OF-USE ASSET - FINANCE LEASES 112720 RIGHT-OF-USE ASSET - OPERATING LEASE 6138706 10199553 REFUNDABLE ENTRANCE FEES 24875159 OPERATING LEASE LIABILITY, NET OF CURRENT PORTION 6363446 FINANCE LEASE LIABILITIES, NET OF CURRENT PORTION 89942 CURRENT PORTION OF OPERATING LEASE LIABILITY 10318 CURRENT PORTION OF FINANCE LEASE LIABILITIES 24884 LINE OF CREDIT 1953700 33317449 9628846 224548 -85401 139147 9489699 0 9489699 9331821 0 9331821 0 9331821 PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST RATE SWAP AGREEMENT -85,401. X X 0 0 X X 0 0 0 0 0 0 0 0 0 A DORMITORY AUTHORITY OF STATE OF NY 146000293 64983UJP6 2003-07-22 40265000 CONSTRUCTION OF RETIREMENT COMMUNITY 1 0 0 A 40265000 2228710 659797 3414839 34003274 2004 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 M&T BANK 12.000000000000 0 0 0 0 1 A 0 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT COMPANY IS RESPONSIBLE FOR ADMINISTRATIVE SERVICES WHICH INCLUDE THE ACCOUNTING, PAYROLL, AND BENEFIT FUNCTIONS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION HAVE RESERVED POWERS TO ELECT OR REMOVE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE AGENCY HAS A BOARD OF DIRECTORS THAT HOLDS SEVERAL BOARD MEETINGS THROUGHOUT THE YEAR. MATTERS THAT NEED TO BE HANDLED ARE DISCUSSED AND ADDRESSED AT THESE MEETINGS. MINUTES ARE TAKEN AT EACH MEETING AND THEN COPIES ARE DISTRIBUTED ALONG WITH THE MANGEMENT REPORT PRIOR TO OR AT THE NEXT MEETING. THERE ARE NO OTHER COMMITTEES. 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. WE DESIGNATE AN INDIVIDUAL WITH SUITABLE SKILL, KNOWLEDGE, OR EXPERIENCE TO OVERSEE THESE SERVICES AND WE MAKE ALL MANAGEMENT DECISIONS AND PERFORM ALL MANAGEMENT FUNCTIONS. WE HAVE REVIEWED, APPROVED, AND ACCEPTED RESPONSIBILITY FOR FORM 990 AND THE RELATED SCHEDULES AND BELIEVE THEY ARE ADEQUATELY SUPPORTED BY THE BOOKS AND RECORDS OF TERESIAN HOUSE HOUSING CORPORATION. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS DISCLOSE OR DISCLAIM ANY RELATED PARTY RELATIONSHIPS AS PART OF BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 SUCH INFORMATION IS PROVIDED IF REQUESTED. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,742,295. MANAGEMENT AND GENERAL EXPENSES 17,680. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,759,975. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,925. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,925. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP AGREEMENT -85,401. REDUCTION OF NOTE PAYABLE TO DILT FORM 990, PART XII, LINE 1: NO CHANGE IN METHOD OF ACCOUNTING FROM THE PRIOR YEAR. 1 1 1