2026-04-24T09:03:05-05:00 2025-11-30 141555429 UHY ADVISORS NORTHEAST INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2024-12-01 222418269 SCOTIA COMMITTEE HOUSING DEVELOPMENT FUND CO INC SCOT 5183747407 201 FIFTH ST SCOTIA NY 12302 EDWARD PINKERTON PRESIDENT 5183747407 2026-04-23 1 1 JAMES DANIELS P00603621 5184493166 2026-04-23 2024 2025-03-06 01:10:19Z HOLYROOD HOUSE EDWARD PINKERTON 201 FIFTH ST SCOTIA NY 12302 1839442 0 X N/A X 1994 NY SEE FORM 990, PAGE 2, PART III, LINE 1A 12 12 0 0 0 0 0 0 1096361 1162138 100405 140082 0 0 1196766 1302220 37000 36250 0 0 294334 299714 0 0 0 721734 739971 1053068 1075935 143698 226285 6403446 6636294 46541 51377 6356905 6584917 X SCOTIA COMMITTEE HOUSING DEVELOPMENT FUND CO, INC. WAS ORGANIZED AND INCORPORATED UNDER THE NEW YORK STATE PRIVATE HOUSING FINANCE LAW. IN 1994, THE FUND ACQUIRED A 96 UNIT AFFORDABLE SENIOR HOUSING PROJECT IN SCOTIA, NEW YORK. THE PROJECT RECEIVES (CONTINUED ON SCHEDULE O) (CONTINUED FROM FORM 990, PART III, LINE 1) HOUSING ASSISTANCE (HAP) PAYMENTS (OR RENTAL SUBSIDIES) PURSUENT TO SECTION 8 OF THE U.S. HOUSING ACT OF 1937, AS AMENDED. THE FUND HAS ENTERED INTO A HAP AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). UNDER THIS CONTRACT, WHICH WILL BE SUBJECT TO RENEGOTIATION IN JUNE 2025, THE FUND RECEIVES HUD FUNDED RENT SUBSIDIES TO ACCOMMODATE SENIOR CITIZENS AGE 62 AND OLDER AND/OR THE DISABLED. 0 0 914858 1162138 THE FUND'S PRIMARY PROGRAM SERVICE IS TO PROVIDE HUD SUBSIDIZED/LOW INCOME HOUSING TO QUALIFIED TENANTS. IN 2015, THE FUND COMMENCED A MULTI-YEAR REHABILITATION PROJECT UNDER WHICH APPROXIMATELY $3.5 MILLION WILL BE COMMITTED TO THE COMPLETE REHABILITATION OF THE FUND'S HOUSING PROJECT IN SCOTIA. THIS PROJECT WILL INCLUDE THE REHABILITATION OF EACH APARTMENT, THE VARIOUS COMMON AREAS, AND THE REPLACEMENT OF THE BUILDING ELEVATORS. IT IS PROJECTED THAT APPROXIMATELY $300,000 WILL BE EXPENDED IN EACH OF THE NEXT THREE YEARS, WITH THE COMPLETION OF THE PROJECT IN 2028. 36250 36250 FROM TIME TO TIME, THE FUND MAY GRANT MONIES TO OTHER EXEMPT ORGANIZATIONS WHICH SHARE A COMMON MISSION OF SUPPORTING SENIOR HOUSING, MEALS FOR THOSE LIVING IN LOW INCOME HOUSING, AND OTHER PURPOSES WHICH MIGHT BE OTHERWISE ALIGNED WITH THE FUND'S MISSION. IN THE CURRENT FISCAL YEAR, THE FUND PROVIDED GRANTS TO THREE EXEMPT ORGANIZATIONS IN THE TOTAL AMOUNT OF $36,250. THESE GRANTS ARE REPORTED UNDER PAGE 10, PART IX, LINE 1, WITH MORE DETAILED INFORMATION REPORTED UNDER SCHEDULE I, PART II OF THIS FORM 990. 951108 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X THE ORGANIZATION 5183747407 201 FIFTH ST SCOTIA NY 12302 RICHARD COLUCCIELLO TREASURER 5.00 X X 675 0 0 NANCY SHULTZ DIRECTOR 2.00 X 425 0 0 CHRISTINE BISSONETTE SECRETARY 5.00 X X 950 0 0 EDWARD PINKERTON PRESIDENT 5.00 X X 700 0 0 HARLAN BARNEY DIRECTOR 2.00 X 225 0 0 MARY BETH BUTCH DIRECTOR 2.00 X 75 0 0 LOUIS GIAMMATTEO DIRECTOR 2.00 X 150 0 0 RHONDA KRUTZ DIRECTOR 2.00 X 225 0 0 TODD LAVERY DIRECTOR 2.00 X 150 0 0 RONALD PINKERTON DIRECTOR 2.00 X 225 0 0 SID RAMOTAR DIRECTOR 2.00 X 75 0 0 SHARON MACNEIL VICE-PRESIDENT 5.00 X X 700 0 0 4575 0 0 0 0 0 0 0 HUD HAP PAYMENTS 531110 773856 773856 RENTAL INCOME 531110 316093 316093 CELL TOWER INCOME 531110 64707 64707 LAUNDRY INCOME 531110 6096 6096 PASS-THRU FUNDS FROM M 531110 1386 1386 1162138 131739 131739 545565 537222 8343 8343 8343 1302220 1162138 0 140082 36250 36250 4575 4575 251510 251510 43629 43629 60509 60509 6350 6350 22565 22565 3151 3151 5100 5100 50130 27553 22577 220965 220965 207935 207935 REPAIRS / MAINTENANCE 75685 75685 UTILITIES 44948 44948 PILOT / REAL ESTATE TAX 32159 32159 WATER 10474 10474 1075935 951108 124827 0 414831 335959 19165 361790 63445 70556 6570681 3913742 2547942 2656939 3329399 3183656 28664 27394 6403446 6636294 15329 17535 3378 5313 27834 28529 46541 51377 X 6356905 6584917 6356905 6584917 6403446 6636294 226285 1727 0 X X 0 1 X 1 0 X 1010538 1004401 1041353 1096361 1162138 5314791 1010538 1004401 1041353 1096361 1162138 5314791 0 0 0 5314791 5062 17667 116711 100405 131739 371584 5062 17667 116711 100405 131739 371584 1015600 1022068 1158064 1196766 1293877 5686375 0.93470 0.94750 0.06530 0.05250 X 200000 200000 6033404 3587395 2446009 337277 326347 10930 2656939 EQUITY / BOND MUTUAL FUNDS 134476 F CASH EQUIVALENTS 2324899 F CERTIFICATES OF DEPOSIT 724281 C 3183656 TENANT SECURITY DEPOSITS 28529 28529 X 1300796 1727 1727 1299069 3151 3151 1302220 1072784 0 1072784 3151 3151 1075935 PART X, LINE 2: FASB ASC 740 FINANCIAL STATEMENTS FOOTNOTE REGARDING UNCERTAIN TAX POSITIONS: THE FUND FOLLOWS GUIDANCE ISSUED BY THE FASB REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES AN ASSESSMENT OF THE LIKELIHOOD OF A TAX POSITION BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES AND PRESCRIBES THE MINIMUM RECOGNITION LEVEL. THE FUND BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY CHANGE UNRECOGNIZED TAX BENEFITS. NONE OF THE FUND'S FEDERAL OR STATE TAX FILINGS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 3,151. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 3,151. 1 CITY MISSION OF SCHENECTADY 416 SARATOGA ROAD GLENVILLE NY 12302 141403652 501(C)(3) 30000 0 UNRESTRICTED GRANT SCOTIA GLENVILLE FOOD PANTRY (CO REGIONAL FOOD BANK OF NENY) 132 MOHAWK AVE SCOTIA NY 12302 222470885 501(C)(3) 6000 0 UNRESTRICTED GRANT 2 PART I, LINE 2: AS DISCLOSED IN FORM 990, PAGE 2, PART III, LINE 4B, FROM TIME TO TIME, THE FUND MAY GRANT MONIES TO OTHER EXEMPT ORGANIZATIONS WHICH SHARE A COMMON MISSION OF SUPPORTING SENIOR HOUSING, MEALS FOR THOSE LIVING IN LOW INCOME HOUSING, AND OTHER PURPOSES WHICH MIGHT OTHERWISE BE ALIGNED WITH THE FUND'S MISSION. IN THE CURRENT FISCAL YEAR, THE FUND PROVIDED GRANTS TO THREE EXEMPT ORGANIZATIONS IN THE TOTAL AMOUNT OF $36,250. THESE GRANTS ARE REPORTED IN FORM 990, PART IX, LINE 1, WITH REQUIRED ADDITIONAL DETAIL UNDER SCHEDULE I, PART II OF THIS FORM 990. THE FUND DOES NOT SOLICT GRANTEE APPLICATIONS AND/OR REQUESTS FOR FUNDING. ANY FUTURE GRANT FUNDING WILL BE AT THE DISCRETION OF THE FUND'S BOARD OF DIRECTORS AS DETERMINED ON A YEAR-TO-YEAR BASIS. FORM 990, PART VI, SECTION A, LINE 2 RONALD PINKERTON, A BOARD MEMBER, IS THE FATHER OF EDWARD PINKERTON, THE BOARD PRESIDENT. FORM 990, PART VI, SECTION A, LINE 3 THE FUND, WITH CONTINUING BOARD OVERSIGHT, HAS CONTRACTED WITH BURNS MANAGEMENT CORPORATION (A COMPANY WITH SIGNIFICANT EXPERIENCE MANAGING RENTAL PROPERTIES) TO PROVIDE FOR THE DAY-TO-DAY OPERATIONAL AND FINANCIAL MANAGEMENT OF THE PROJECT. MANAGEMENT FEES PAID TO BURNS MANAGEMENT ARE REFLECTED ON THE SCHEDULE OF FUNCTIONAL EXPENSES (PAGE 10, PART IX) UNDER LINE 11A. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS REVIEWED BY MEMBERS OF THE GOVERNING BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WITH RESPECT TO PAGE 6, QUESTION 12, A CONFLICT OF INTEREST POLICY IS INCORPORATED IN THE FUND'S RESTATED BY-LAWS. INDIVIDUALS SUBJECT TO ANY CONFLICT ARE REQUIRED TO DECLARE THE SAME AND TO BE RECUSED FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES WITH RESPECT TO MATTERS AFFECTED. AN ANNUAL DECLARATION OF ACCEPTANCE AND COMPLIANCE WITH RESPECT TO THE POLICY IS REQUIRED OF GOVERNING BOARD MEMBERS AND OFFICERS. WITH RESPECT TO PAGE 6, QUESTION 15, THESE ITEMS ARE NOT APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2B THE ORGANIZATION'S ENTIRE BOARD MEETS ANNUALLY WITH THE INDEPENDENT AUDITOR AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT AND THE APPOINTMENT OF THE AUDITOR.