2026-05-05T15:07:31-05:00 2025-06-30 333303535 EFPR ADVISORY LLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-07-01 262227891 GRADUATE CENTER FOUNDATION HOUSING CORPORATION GRAD 2128177660 365 FIFTH AVE 8TH FLOOR NEW YORK NY 10016 BRIAN PETERSON SENIOR V.P. FINANCE & ADMIN. 2128177660 2026-04-30 1 0 DAVID A URBAN CPA P00630018 7166340700 2026-04-30 2024 2025-03-06 01:10:19Z BRIAN PETERSON 365 FIFTH AVE 8TH FLOOR NEW YORK NY 10016 2160105 0 X WWW.GC.CUNY.EDU X 2008 NY THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION WAS FORMED TO FOSTER AND ENABLE THE ACHIEVEMENT AND FULFILLMENT OF THE EDUCATION GOALS OF STUDENTS ENROLLED AT THE GRADUATE SCHOOL AND UNIVERSITY CENTER - CUNY, BY CREATING AFFORDABLE HOUSING FOR THE USE OF SUCH GRADUATE STUDENTS AND THEIR FAMILIES WHILE THESE STUDENTS COMPLETE THEIR STUDIES. 3 3 0 0 0 0 0 0 2065845 2111917 20786 19929 11830 28259 2098461 2160105 0 0 0 0 211580 215646 0 0 0 1979833 2063274 2191413 2278920 -92952 -118815 18004215 17548741 12129107 11792448 5875108 5756293 X WHEREAS THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION'S MAIN MISSION IS TO PROVIDE AFFORDABLE HOUSING FOR THE USE OF GRADUATE STUDENTS AND THEIR FAMILIES, WHILE THESE STUDENTS COMPLETE THEIR STUDIES, IT GOES HAND IN HAND WITH THE LARGER MISSION OF THE HELPING STUDENTS FULFILL THEIR EDUCATION GOALS AND ENABLING STUDENTS TO SUCCEED BY CREATING AND SUPPORTING A WELCOMING, SAFE AND INCLUSIVE HOUSING ENVIRONMENT. 0 0 2149764 2111917 SEE SCHEDULE O:THE GRADUATE CENTER APARTMENTS HAVE CONTINUED TO GROW IN POPULARITY AMONG FACULTY AND STUDENTS. THE GRADUATE CENTER APARTMENTS' RATES HAVE CONTINUED TO STAY COMPETITIVE AND AFFORDABLE. LOCATED AT 165 EAST 118TH STREET, THE EIGHT-STORY GRADUATE CENTER APARTMENTS COMPLEX OFFERS BRIGHT, MODERN, AIRY, AND AFFORDABLE HOUSING, AND PROVIDES AN EASY COMMUTE TO THE GRADUATE CENTER FOR ITS STUDENTS AND FACULTY MEMBERS. THE GRADUATE CENTER APARTMENT COMPLEX FEATURES 77 HOUSING UNITS, INCLUDING 64 UNITS FOR GRADUATE STUDENTS AND 12 APARTMENTS FOR COLLEGE FACULTY.THE GRADUATE CENTER APARTMENTS AMENITIES CONSIST OF A ROOFTOP RECREATION SPACE, AN EXERCISE ROOM, A GROUND LOUNGE, BIKE STORAGE, AND ACCESS TO THE EXTENSIVE PUBLIC SPACES AND OUTDOOR AREAS ON THE CAMPUS ADJACENT TO THE HOUSING FACILITY. 2149764 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 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 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NY X BRIAN PETERSON SENIOR VP FINANCE & ADMIN 2128177602 365 FIFTH AVENUE 8TH FLOOR NEW YORK NY 10016 X PETER H DARROW PRESIDENT 1.00 5.00 X X 0 0 0 MYRON GLUCKSMAN TREASURER 1.00 5.00 X X 0 0 0 DWIGHT LEE SECRETARY 1.00 4.00 X X 0 0 0 0 0 0 0 0 0 0 GUARDIAN SECURITY SERVICES 1743 FIRST AVE SOUTH SEATTLE WA 98134 SECURITY 380943 1 RENTAL INCOME 531110 2111917 2111917 2111917 19929 19929 OTHER REVENUE 900099 28259 28259 28259 2160105 2111917 0 48188 X 151333 151333 12990 12990 39746 39746 11577 11577 89125 89125 5368 5368 1543 1543 405645 383042 22603 8852 8852 62609 62609 435716 435716 623250 623250 139934 139934 CUSTODIAL 228665 228665 SUPPLIES 39353 39353 MISCELLANEOUS 7552 7552 DUES AND MEMBERSHIP 5743 5743 9919 5145 4774 2278920 2149764 129156 0 284226 493217 146605 163738 69917 34792 25936145 9764978 16794417 16171167 709050 685827 18004215 17548741 109456 111944 46710 45955 170348 172559 11802593 11461990 12129107 11792448 X 5875108 5756293 5875108 5756293 18004215 17548741 -118815 0 X X 0 1 X 1 0 X X 1 THE GRADUATE CENTER FOUNDATION INC 133219419 5 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 X 24877611 8706444 16171167 1058534 1058534 0 16171167 X 2250597 90492 90492 2160105 0 2160105 2369412 90492 90492 2278920 0 2278920 PART IV, LINE 2B: TENANTS ARE REQUIRED TO PROVIDE A SECURITY DEPOSIT TO THE GRADUATE CENTER FOUNDATION HOUSING CORP., ACCORDING TO THE TERMS SET IN THEIR LEASE AGREEMENTS. THESE FUNDS ARE MAINTAINED IN A BANK ACCOUNT SEPARATE FROM OTHER HOUSING BANK ACCOUNTS. INTEREST EARNED ON THESE FUNDS IS CREDITED TO THE TENANTS' ACCOUNTS. PART X, LINE 2: THE ORGANIZATION, HOUSING AND HOUSING - LIC ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION, HOUSING AND HOUSING - LIC HAVE BEEN CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION, HOUSING AND HOUSING - LIC PRESENTLY DISCLOSE OR RECOGNIZE INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION, HOUSING AND HOUSING - LIC HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN THEIR CONSOLIDATED FINANCIAL STATEMENTS. U.S. FORMS 990S FILED BY THE ORGANIZATION, HOUSING AND HOUSING - LIC ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT SERVICES, INCLUDING PAYROLL SERVICES, ARE PROVIDED BY THE BRODSKY ORGANIZATION/URBAN ASSOCIATES, LLC. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, A DRAFT IS SENT TO ALL MEMBERS OF THE AUDIT COMMITTEE FOR ITS REVIEW. THE REVIEW OF THE FORM 990 (DRAFT) IS INCLUDED ON THE AUDIT COMMITTEE'S MEETING AGENDA. THE AUDIT COMMITTEE REVIEWS THE DRAFT FORM 990 AND PRESENTS TO THE FULL BOARD. THE MINUTES OF THE MEETING OF THE AUDIT COMMITTEE RECORD THE TIMING AND NATURE OF THAT REVIEW. AFTER BOARD APPROVAL THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15 N/A - GRADUATE CENTER FOUNDATION HOUSING CORPORATION HAS NO COMPENSATION ARRANGEMENTS WITH ITS OFFICERS, AS THE EMPLOYEES RECEIVE COMPENSATION THROUGH THE NEW YORK STATE PAYROLL. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF GOVERNING DOCUMENTS AND CONFLICT OF INTEREST FORMS ARE PROVIDED UPON REQUEST. THE MOST RECENT ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE ON WWW.GC.CUNY.EDU WEBSITE. PRIOR YEARS' ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINES 12-14: THE ORGANIZATION RELIES ON THE POLICIES OF ITS RELATED ORGANIZATION, GRADUATE CENTER FOUNDATION. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,603. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,603. SECURITY: PROGRAM SERVICE EXPENSES 383,042. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 383,042. FORM 990, PART XII, LINE 12C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRADUATE CENTER FOUNDATION INC 365 FIFTH AVENUE NEW YORK NY 10016 133219419 FUNDRAISING NY 501(C)(3) LINE 5 N/A 0 GRADUATE CENTER FOUNDATION HOUSING CORPORATION LIC 365 FIFTH AVENUE NEW YORK NY 10016 461461744 CREATE AFFORDABLE HOUSING TO STUDENTS AND FACULTY OF THE GRADUATE CENTER NY 501(C)(3) LINE 12A, I GRADUATE CENTER FOUNDATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0