2025-05-14T20:58:08-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-07-01 204093236 RIDGEWOOD BUSHWICK HOMESTEADING ASSISTANCE HDFC RIDG 2124793300 120 WALL STREET 2001 NEW YORK NY 10005 MARGY BROWN CO-CHAIR 2124793300 2025-05-14 1 1 MELISSA MODELSON P01603524 9143818900 2025-04-30 2023 2025-03-06 01:10:19Z MARGY BROWN 120 WALL STREET 2001 NEW YORK NY 10005 677067 0 X N/A X 2005 NY TO FACILITATE FINANCING, PHYSICAL REHABILITATION, AND CO-OP CONVERSION OF CERTAIN MULTI-FAMILY DWELLINGS. 4 2 0 3 0 0 0 0 557058 552670 659 1719 125533 122678 683250 677067 0 0 0 0 0 0 0 0 0 635140 817119 635140 817119 48110 -140052 17228612 18292259 194837 461272 17033775 17830987 X THE ORGANIZATION'S PURPOSE IS TO TAKE TITLE AND SERVE AS INTERIM OWNER AND MANAGER OF LOW-INCOME HOUSING PROJECTS PRIOR TO CONVERSION TO CO-OP GROUPS. 0 0 715837 0 552670 RIDGEWOOD BUSHWICK HDFC IS A JOINT VENTURE BETWEEN UHAB AND RISEBORO COMMUNITY PARTNERSHIP. IT SERVES AS INTERIM OWNER OF 17 FOUR- TO SIX-UNIT BUILDINGS, COMPRISED OF 89 UNITS OF LOW-INCOME HOUSING, IN THE BUSHWICK SECTION OF BROOKLYN. ON BEHALF OF THE HDFC, UHAB FACILITATES FINANCING AND PROVIDES RENOVATION MANAGEMENT AND OVERSIGHT, AS WELL AS RESIDENT TRAINING AND TECHNICAL ASSISTANCE. UHAB WILL ALSO UNDERTAKE THE CREATION OF A COMMUNITY LAND TRUST AND THE COOPERATIVE CONVERSION LEGAL WORK FOR THIS SCATTER-SITE AFFORDABLE HOUSING DEVELOPMENT, WHICH IS BECOMING A COMMUNITY COOPERATIVE ON A LAND TRUST. RISEBORO COMMUNITY PARTNERSHIP HAS BEEN RESPONSIBLE FOR THE MANAGEMENT OF THE BUILDINGS AND RESIDENT RELOCATION DURING CONSTRUCTION, WHICH IS COMPLETED ON ALL BUILDINGS. WE ARE AWAITING APPROVAL OF THE COMMUNITY LAND TRUST/COOPERATIVE OFFERING FROM THE NEW YORK STATE ATTORNEY GENERAL 715837 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 X MARGY BROWN 2124793300 120 WALL STREET 2001 NEW YORK NY 10005 SCOTT SHORT CO-CHAIR 1.00 0.00 X X 0 0 0 MARGY BROWN CO-CHAIR 1.00 36.00 X X 0 177777 43078 RICHARD HEITLER SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 MARINA METALIOS DIRECTOR 1.00 35.00 X 0 88678 196 0 266455 43274 0 0 1 0 0 RENTAL INCOME 531110 552670 552670 552670 1719 1719 118453 0 118453 118453 118453 LATE FEE 900099 4225 4225 4225 677067 552670 0 124397 60888 60888 8401 8401 27208 27208 11483 11483 4785 4785 338745 338745 207 207 1626 1626 73466 73466 ALLOCATED PAYROLL AND B 139539 139539 REPAIRS AND MAINTENANCE 133287 133287 BUILDING VIOLATIONS 13396 13396 OTHER EXPENSES 4088 4088 817119 715837 101282 0 12862 100740 165372 236695 577230 889706 30765 38764 17211153 1815301 15228575 15395852 374208 374208 839600 1256294 17228612 18292259 133201 310526 25572 79919 36064 70827 194837 461272 X 17033775 17830987 17033775 17830987 17228612 18292259 -140052 937264 0 X 0 0 0 X 507111 530846 547171 557058 552670 2694856 507111 530846 547171 557058 552670 2694856 0 0 0 2694856 109209 102508 108202 114889 120172 554980 109209 102508 108202 114889 120172 554980 9810 7521 11303 4225 32859 626130 640875 655373 683250 677067 3282695 0.82090 0.83950 0.16910 0.15230 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LATE FEE - 2022 AMOUNT: $ 2,175. 2023 AMOUNT: $ 4,225. MISCELLANEOUS INCOME - 2019 AMOUNT: $ 9,810. 2020 AMOUNT: $ 4,278. 2022 AMOUNT: $ 9,128. TAX REFUND - 2020 AMOUNT: $ 3,243. 0 1 X 17211153 1815301 15395852 15395852 SECURITY DEPOSITS 67978 DUE FROM AFFILIATES 1053265 DEBT ISSUANCE COSTS 135051 1256294 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THE DEPOSITS ARE RETURNED TO THE TENANT ONCE THEY HAVE MOVED OUT OF THE APARTMENT. 0 0 0 0 0 0 0 0 0 MARGY BROWN CO-CHAIR 0 177448 0 0 0 329 0 0 0 43078 0 220855 0 0 FORM 990, PART VI, SECTION A, LINE 3 RISEBORO MANAGEMENT CORPORATION PROVIDES PROPERTY MANAGEMENT SERVICES TO THE ORGANIZATION. THIS INCLUDES COLLECTING RENTS AND SECURITY DEPOSITS, SIGNING APARTMENT LEASES, MAINTAINING PROPERTIES, PAYING THE BILLS FOR THE PROPERTIES, PREPARING BUDGETS AND MAINTAINING THE BOOKS AND RECORDS FOR THE ORGANIZATION. NO ONE LISTED IN PART VII OF THE RETURN WAS PAID BY THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8A THERE WERE NO BOARD MEETING MINUTES DOCUMENTED DURING THE FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES IN PLACE THAT CAN ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B RIDGEWOOD BUSHWICK HOMESTEADING ASSISTANCE HOUSING DEVELOPMENT FUND CORPORATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED AND REVIEWED BY MANAGEMENT, IT IS FILED WITH THE INTERNAL REVENUE SERVICE. AFTER ITS FILING, THE RETURN IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL DIRECTORS, PRINCIPAL OFFICERS, EMPLOYEES, VOLUNTEERS, AND MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. EACH INDIVIDUAL MUST COMPLETE AN ANNUAL DISCLOSURE STATEMENT, STATING ANY ACTUAL OR POTENTIAL CONFLICTS. ANY CONFLICTS FROM BOARD MEMBERS OR OFFICERS MUST BE BROUGHT TO THE BOARD'S ATTENTION FOR REVIEW. THE INDIVIDUAL WITH THE CONFLICT IS EXCUSED FROM THE DISCUSSION AND VOTE ON THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. URBAN HOMESTEADING ASSISTANCE (U-HAB) INC 120 WALL STREET FLOOR 20 NEW YORK NY 10005 132902798 TECHNICAL ASSISTANCE & TRAINING TO LOW-INCOME HOUSING CO-OPS NY 501(C)(3) LINE 10 N/A 0 UHAB HOUSING DEVELOPMENT FUND CORPORATION 120 WALL STREET FLOOR 20 NEW YORK NY 10005 134188404 HOUSING DEVELOPMENT NY 501(C)(3) LINE 12B, II URBAN HOMESTEADING ASSISTANCE (U-HAB) INC 0 186 EAST 104TH STREET HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 260395542 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 473 WEST 145TH STREET HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 260395632 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 508 WESTSIDE 135TH STREET HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 260395728 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 ELVA-UHAB HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 268677210 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 GP-UHAB HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 203116396 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 MANHATTAN 203B-UHAB HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 260373814 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 ROUND V-2 WEST 135TH STREET HDFC (512 W 135 HDFC) 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 261233014 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 ROUND IV EAST 101ST STREET HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 261232717 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 1520 SEDGWICK HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 261232785 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 ROUND IV SECOND AVENUE HOUSING DEVELOPMENT FUND CORPORATION 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 261232498 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 110 MADISON HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 454897009 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 1380 HOUSING DEVELOPMENT FUND CORPORATION 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 463051656 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 EAST 147TH STREET HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 461529290 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 BROADWAY-UHAB HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 262017329 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 UHAB TOO HDFC 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 832761022 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 UHAB SPE 1 HOUSING DEVELOPMENT FUND CORPORATION 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 882709268 HOUSING DEVELOPMENT NY URBAN HOMESTEADING ASSISTANCE BOARD INC C 0 UHAB BROOKLYN CORP 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 920308186 HOUSING DEVELOPMENT NY UHAB HDFC C 0 UHAB ROCKAWAY HOUSING CORP 120 WALL STREET 20TH FLOOR NEW YORK NY 10005 992990731 HOUSING DEVELOPMENT NY UHAB HDFC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0