2025-10-24T17:37:00-04:00 2024-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2024-01-01 133911982 793-797 Garden Street HDFC % MARK BOURBEAU 793- 7189333101 2751 Grand Concourse Bronx NY 10468 JOSEPH P MURIANA President 7189333101 2025-11-15 true true Joseph Perez P00961850 7328281614 2024 2025-03-06 01:10:19Z JOSEPH P MURIANA 2751 Grand Concourse Bronx NY 10468 964729 false X N/A X 1996 NY TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES IN THE BRONX, NY. 3 3 0 3 0 0 0 917848 898357 0 0 128202 66372 1046050 964729 0 0 0 0 37342 41057 0 0 0 1003170 983377 1040512 1024434 5538 -59705 1563850 1372017 864056 731928 699794 640089 X TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES IN THE BRONX, NY. false false 936477 0 964729 THE ORGANIZATION OPERATES A BUILDING THAT CONTAINS 86 RESIDENTIAL APARTMENTS FOR LOW-INCOME FAMILIES. 936477 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 false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false X 3 3 false true false false false false false true false false true true true true false true false false false NY X MARK BOURBEAU 7185196900 2751 GRAND CONCOURSE BRONX NY 10468 X JOSEPH P MURIANA PRESIDENT 0.0 0.0 X X 0 0 0 VANESSA LANIER VIce President 0.0 0.0 X X 0 0 0 Tony Garcia Board Member 0.0 0.0 X 0 0 0 0 0 0 0 false false false 0 0 RENTAL INCOME 531110 898357 898357 898357 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 531110 66372 66372 66372 964729 964729 0 0 0 0 0 0 36603 36603 0 1307 1307 3147 3147 76904 76904 9915 9915 15560 15560 0 0 0 17770 17770 0 11053 11053 0 0 654813 654813 0 0 0 25475 25475 0 57882 57882 114005 114005 1024434 936477 87957 0 X 101360 52817 0 0 0 0 87003 41416 0 0 0 0 0 0 0 0 127215 80394 1903309 824608 1136583 1078701 0 0 0 0 0 0 0 0 111689 118689 1563850 1372017 152798 65425 0 0 0 0 0 0 0 0 0 0 0 0 660141 609004 51117 57499 864056 731928 X 699794 640089 0 0 699794 640089 1563850 1372017 -59705 X false true X true false X 0 0 0 0 0 0 870110 902263 906512 917848 898357 4495090 0 0 0 870110 902263 906512 917848 898357 4495090 0 0 0 4495090 376 0 356 0 0 732 0 376 0 356 0 0 732 0 12519 2500 9555 128202 66372 219148 883005 904763 916423 1046050 964729 4714970 0.95337 0.96550 0.00015 0.00098 X 44000 44000 552885 506051 46834 1245554 258477 987077 60870 60080 790 1078701 SECURITY DEPOSITS 55962 ESCROW DEPOSITS 62727 118689 0 TENANTS SECURITY DEPOSITS 57499 57499 X 964729 964729 964729 1024434 1024434 1024434 FORM 990, SCHEDULE D, PART X, LINE 2: The Organization has tax-exempt status under Section 501(c)(3) of the IRC and is exempt from federal income taxes on related income pursuant to Section 101(a) of the Code. Being a nonstock Organization not organized for profit, the Organization is exempt from New York State and New York City franchise tax. Generally Accepted Accounting Principles (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 financial statements. The Organization's federal and state tax returns for the fiscal years since 2021 remain subject to examination by the relevant taxing authorities. Further, there are no income tax related penalties and interest reflected in these financial statements. PART VI LINE 3 - DESCRIPTION OF DELEGATED DUTIES TO MGMT COMPANY: THE BUILDING IS MANAGED AND OPERATED BY AN OUTSIDE MANAGING AGENT. PART VI LINE 11b - FORM 990 REVIEW PROCESS: MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE FULL BOARD AND PROVIDED EDITS TO THE TAX PREPARER. PART VI LINE 12C - EXPLANATION OF MONITORING & ENFORCEMENT OF CONFLICTS: THE ORGANIZATION HAS A BOARD APPROVED CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. PART VI LINE 19 - OTHER ORG DOC PUBLICLY AVAILABLE: UPON WRITTEN REQUEST, THE ORGANIZATION PROVIDES COPIES OF FEDERAL TAX RETURNS, FINANCIAL STATEMENTS AND FILINGS WITH THE OFFICE OF THE ATTORNEY GENERAL. UNIVERSITY NEIGHBORHOOD HOUSING PRGMINC 2751 GRAND CONCOURSE BRONX NY 10468 133206603 L.I.H. NY 501 (C)(3) 10 false false false false false true false false false false false false false true false false false false false false