2026-03-11T10:24:22-05:00 2025-04-30 161092347 MENGEL METZGER BARR & CO LLP 11 BRITISH AMERICAN BLVD LATHAM NY 12110 990 2024-05-01 141724900 AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC AFFO 5184341730 255 ORANGE STREET ALBANY NY 12210 SUSAN COTNER EXECUTIVE DIRECTOR 5184341730 2026-03-06 1 1 ALAN W CLINK CPA P01256785 5187850134 2024 2025-03-06 01:10:19Z SUSAN COTNER 255 ORANGE STREET ALBANY NY 12210 1895006 0 X WWW.AHPHOME.ORG X 1989 NY STRENGTHEN NEIGHBORHOODS AND THE FINANCIAL INDEPENDENCE OF RESIDENTS THROUGH ADVISEMENT, FINANCIAL RESOURCES, COMMUNITY ORGANIZING AND COLLABORATION. 9 9 13 2 0 0 1488082 1519132 333424 356607 4398 4089 14588 15178 1840492 1895006 0 0 0 0 668187 715697 0 0 13325 1116545 1116781 1784732 1832478 55760 62528 1240445 1550355 507769 755151 732676 795204 X STRENGTHEN NEIGHBORHOODS AND THE FINANCIAL INDEPENDENCE OF RESIDENTS THROUGH ADVISEMENT, FINANCIAL RESOURCES, COMMUNITY ORGANIZING AND COLLABORATION. 0 0 304743 23650 COUNSELING- THE AFFORDABLE HOUSING PARTNERSHIP (AHP) PROVIDES HOUSING COUNSELING SERVICES TO FIRST-TIME HOMEBUYERS AND EXISTING HOMEOWNERS. SERVICES ARE PROVIDED THROUGH INDIVIDUAL ADVISEMENT AND GROUP WORKSHOPS. FOR FIRST-TIME BUYERS, AHP PROVIDES MORTGAGE AND GRANT PRE-QUALIFICATION COUNSELING, CREDIT ADVICE, BUDGET COUNSELING, AND EDUCATION. AHP ALSO SERVES AS A CLEARINGHOUSE OF INFORMATION ON DOWN PAYMENT ASSISTANCE PROGRAMS, ENERGY EFFICIENCY PROGRAMS AND AFFORDABLE HOUSING PROJECTS. AHP PARTNERS WITH THE ALBANY COMMUNITY LAND TRUST (ACLT) AND OFFERS ITS BUYERS FINANCIAL COUNSELING AND ASSISTANCE. OVER 710 HOUSEHOLDS ATTENDED GROUP WORKSHOPS DURING THE YEAR. AHP COUNSELED NEARLY 570 NEW FIRST TIME HOME BUYER CLIENTS AND 128 MORTGAGE DEFAULT CLIENTS. 1019240 99883 ENERGY - AHP PROVIDES OUTREACH AND ASSISTANCE TO LOW INCOME HOMEOWNERS APPLYING FOR A NYSERDA HOME ENERGY ASSESSMENT AND FINANCING TO COMPLETE HOME ENERGY IMPROVEMENTS. IN CONJUNCTION WITH THIS, AHP MANAGES A HOME REPAIR PROGRAM. ADDITIONALLY, AHP IS IMPLEMENTING A ROOFTOP SOLAR PROGRAM FOR LOW INCOME HOMEOWNERS USING PROGRAM FUNDS FROM NYSERDA. AHP ASSISTED OVER 260 HOUSEHOLDS WITH ENERGY EFFICIENCY PROJECTS DURING THE YEAR. 255658 COMMUNITY DEVELOPMENT - AHP HAS DEVELOPED A REVITALIZATION PLAN FOR THE SHERIDAN HOLLOW NEIGHBORHOOD SURROUNDING ITS OFFICE ON ORANGE STREET. PLANNING WORK WILL BE COMPLETED BY AHP STAFF AS WELL AS SUBCONTRACTED EXPERT CONSULTANTS. AHP HAS SUPPORTED THE SHERIDAN HOLLOW NEIGHBORHOOD ASSOCIATION AS THEY HAVE WORKED TO BRING LOCAL AND STATE RESOURCES TO THIS NEIGHBORHOOD WHERE 45% OF THE HOUSEHOLDS LIVE BELOW THE POVERTY LEVEL. AHP FACILITATED MONTHLY NEIGHBORHOOD ASSOCIATION MEETINGS FOR FEEDBACK ON THE PLANNING EFFORTS COORDINATED BY AHP. 239035 233074 ACLT - AHP SHARES STAFF AND OFFICE SPACE/EQUIPMENT WITH THE ALBANY COMMUNITY LAND TRUST (ACLT), AN INDEPENDENT NONPROFIT ORGANIZATION THAT PROVIDES COMPLEMENTARY HOUSING DEVELOPMENT AND PROPERTY MANAGEMENT PROGRAMS. AHP IS THE EMPLOYER OF RECORD AND IS REIMBURSED BY ACLT FOR THE COST OF STAFF AND OVERHEAD EXPENSES. 239035 233074 1818676 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X SUSAN COTNER EXECUTIVE DIRECTOR 5184341730 255 ORANGE STREET ALBANY NY 12210 VALERIE ALEXANDER MEMBER 0.50 X 0 0 0 ELLEN STEINFELD MEMBER 0.50 X 0 0 0 KIMBERLY REILLY MEMBER 0.50 X 0 0 0 MARLENE MORALES MEMBER 0.50 X 0 0 0 JENNIFER KENNEDY MEMBER 0.50 X 0 0 0 CAITLIN BURNS PRESIDENT 2.00 X X 0 0 0 ROGER MARKOVICS VICE PRESIDENT 3.00 X X 0 0 0 ERIC DAHL TREASURER 2.00 X X 0 0 0 BOB MACLASCO SECRETARY 0.50 X X 0 0 0 SUSAN COTNER EXECUTIVE DIRECTOR 40.00 X 56913 8000 2740 56913 8000 2740 0 0 0 0 TRUE BUILDING PERFORMANCE 95 CHAMPLAIN ST ALBANY NY 12204 HOME REPAIRS 180843 1 1473649 45483 1519132 CONSULTING FEES 900099 332957 332957 HOME BUYER FAIR 900099 11500 11500 COUNSELING FEES 900099 10150 10150 ADMINISTRATIVE FEES 900099 2000 2000 356607 4089 4089 15178 0 15178 15178 15178 1895006 356607 0 19267 59653 57267 2386 520620 498355 12265 10000 22759 11435 11324 62932 37818 25114 49733 29803 19930 46392 5756 40636 25467 24957 10 500 9623 64 9559 29814 7400 22414 6085 6085 298 298 4120 4120 4984 644 4340 DIRECT PROGRAM EXPENSE 966770 966768 2 PRINTING AND PUBLICATIO 7440 5384 731 1325 TELEPHONE 5795 2613 3182 POSTAGE AND SHIPPING 3661 2925 736 6332 161402 -156570 1500 1832478 1818676 477 13325 112186 4362 358774 441123 707162 998207 30451 21925 11204 8526 51119 98137 1240445 1550355 318542 435218 132617 206000 56610 78160 0 35773 507769 755151 X 703676 776412 29000 18792 732676 795204 1240445 1550355 62528 0 X X 0 1 X 1 0 X 722804 676680 992376 1488082 1519132 5399074 722804 676680 992376 1488082 1519132 5399074 5399074 10962 8546 7037 18912 19267 64724 125 243 74 442 5464240 1166559 0.98810 0.98740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 125. 2022 AMOUNT: $ 243. 2023 AMOUNT: $ 74. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 30451 21925 8526 8526 PREPAID ADVANCE 62500 RIGHT-OF-USE ASSET - FINANCE LEASES 15859 RIGHT-OF-USE ASSET - OPERATING LEASES 19778 98137 LEASE LIABILITY - FINANCE LEASES 15995 LEASE LIABILITY - OPERATING LEASES 19778 35773 X 1895006 0 1895006 0 1895006 1832478 0 1832478 0 1832478 PART IV, LINE 2B: CARL E. TOUHEY FOUNDATION CUSTODIAL FUNDS, RESTRICTED TO ASSIST BLACK HOMEBUYERS IN PURCHASING A HOME IN THE CITY OF ALBANY. PART X, LINE 2: AHP HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND COMPARABLE NEW YORK STATE LAW, AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. CONTRIBUTIONS TO AHP ARE TAX-DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE INTERNAL REVENUE CODE. UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY AHP AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED ITS TAX POSITIONS TAKEN AND IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B AS PART OF THE ANNUAL AUDIT, OUR INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARES FORM 990 AND RELATED SUPPORTING SCHEDULES FROM OUR INTERNAL RECORDS. WE DESIGNATE AN INDIVIDUAL/INDIVIDUALS WITH SUITABLE SKILL, KNOWLEDGE, OR EXPERIENCE TO OVERSEE THESE SERVICES AND WE MAKE ALL MANAGEMENT DECISIONS AND PERFORM ALL MANAGEMENT FUNCTIONS. THE BOARD OF DIRECTORS HAS AUTHORIZED THE EXECUTIVE COMMITTEE TO REVIEW AND APPROVE THE IRS FORM 990 BEFORE IT IS SUBMITTED TO THE IRS. 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 AHP. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICT OF INTEREST POLICY: THE DISCLOSURE STATEMENT MUST BE REVIEWED AND SIGNED ANNUALLY BY EACH BOARD MEMBER. BOARD MEMBERS ARE ASKED TO DECLARE ANY CONFLICT OF INTEREST BEFORE EVERY ACTION PUT UP FOR A VOTE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR ALL EMPLOYEES: COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE USING THEIR KNOWLEDGE OF THE COMPENSATION PRACTICES OF OTHER NONPROFIT ORGANIZATIONS IN THE CAPITAL REGION AREA. RECOMMENDED SALARIES ARE INCORPORATED INTO THE ANNUAL BUDGET WHICH IS REVIEWED AND ADOPTED BY THE BOARD OF DIRECTORS. NO MEMBER OF THE BOARD OF DIRECTORS RECEIVES COMPENSATION. THERE ARE NO "KEY EMPLOYEES". THE EXECUTIVE DIRECTOR IS THE ONLY EMPLOYEE MEETING THE DEFINITION OF A "TOP MANAGEMENT OFFICIAL". FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATIONS WEBSITE. ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE FOR REVIEW AT AHP'S OFFICE DURRING NORMAL BUSINESS HOURS. FORM 990, PART XII, QUESTION 2C THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED DURING THE TAX YEAR. ALBANY COMMUNITY LAND TRUST 255 ORANGE STREET ALBANY NY 12210 222908723 REBUILDING NEIGHBORHOOD AND CREATING AFFORDABLE HOUSING IN CITY OF ALBANY NY 501(C)(3) LINE 7 N/A 0 CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION 255 ORANGE STREET ALBANY NY 12210 141724899 PROVIDE LOANS TO LOW/MODERATE INCOME FAMILIES TO OBTAIN QUALIFIED HOUSING NY 501(C)(4) N/A 0 CAPITAL DISTRICT COMMUNITY ENERGY INC 30 ASPEN CIRCLE ALBANY NY 12208 853101985 INCREASE ACCESS TO AFFORDABLE, RENEWABLE ENERGY IN THE CAPITAL DISTRICT NY 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0