2025-05-09T15:55:57-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990EZ 2023-07-01 133131470 AHRC DEVELOPMENT INC AHRC 2127802500 83 MAIDEN LANE NEW YORK NY 10038 AMY WEST EVP/CHIEF FINANCIAL OFFICER 2127802500 2025-05-09 1 0 SCOTT THOMPSETT P00741490 2125990100 2023 2025-03-06 01:10:19Z X WWW.AHRCNYC.ORG X X 139402 X 97525 41854 23 139402 79524 104611 184135 -44733 -1342158 0 -1386891 X 135286 173221 78026 78026 1475 1475 214787 252722 1556945 1639613 -1342158 -1386891 X AHRC DEVELOPMENT'S PRIMARY EXEMPT MISSION IS TO SUPPORT THE CHARITABLE MISSION OF ITS PARENT ORGANIZATION, NYSARC, INC. BY OPERATING A 12 UNIT RESIDENTIAL PROJECT FOR THE ELDERLY AND/OR DISABLED PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS. THE ORGANIZATION'S PRIMARY PROGRAMMATIC ACTIVITY IS TO OPERATE THE AGOVINO RESIDENTIAL BUILDING LOCATED AT 270 KINGSLAND AVENUE IN THE BRONX, NEW YORK. THIS HOUSING FACILITY PROVIDES RESIDENTIAL SERVICES FOR THE ELDERLY AND/OR DISABLED. 0 157013 157013 RAYMOND FERRIGNO PRESIDENT 0.40 0 0 0 ANDREAS CHRYSOSTOMOU FINANCIAL SECRETARY 0.40 0 0 0 JEANNE SDROULAS TREASURER 0.40 0 0 0 PATRICIA MURPHY 1ST VICE PRESIDENT 0.40 0 0 0 CORY O HENKEL 2ND VICE PRESIDENT 0.40 0 0 0 MARCO DAMIANI CEO, NYSARC INC., NYC CHAPTER 0.50 0 0 0 AMY WEST CEO, NYSARC INC., NYC CHAPTER 0.50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY AMY WEST 83 MAIDEN LANE NEW YORK NY 10038 2127802500 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 93954 105287 97613 94769 97525 489148 93954 105287 97613 94769 97525 489148 489148 47 22 23 24 23 139 489287 193240 0.99970 0.99970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: DIVIDENDS AND INTEREST. AMOUNT: 23. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: REPAIRS & MAINTENANCE. AMOUNT: 82,926. DESCRIPTION: INSURANCE. AMOUNT: 15,274. DESCRIPTION: ADMINISTRATIVE MANAGEMENT FEE. AMOUNT: 6,336. DESCRIPTION: NYS CHAR 500 FILING FEE. AMOUNT: 75. TOTAL TO FORM 990-EZ, LINE 16: 104,611. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 1,475. END OF YEAR AMOUNT: 1,475. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 1,356. END OF YEAR AMOUNT: 1,356. DESCRIPTION: LOAN FROM U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. BEG. OF YEAR AMOUNT: 83,196. END OF YEAR AMOUNT: 29,020. DESCRIPTION: DUE TO AFFILIATE, NYSARC, INC. NYC CHAPTER. BEG. OF YEAR AMOUNT: 1,472,393. END OF YEAR AMOUNT: 1,609,237.