2026-05-07T12:41:02+00:00 2025-06-30 135381590 BDO USA 200 PARK AVE 38TH FLOOR NEW YORK NY 10166 990 2024-07-01 113681245 FLORA VISTA HOUSING DEVELOPMENT FUND CORPORATION FLOR 2126336900 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 PERRY PERLMUTTER PRESIDENT & CEO 2126336900 2026-05-07 true PAUL HAMMERSCHMIDT P01384178 2128858000 2026-04-29 2024 2025-03-06 01:10:19Z PERRY PERLMUTTER 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 354402 false X N/A X 2001 NY ORGANIZED TO OWN, CONSTRUCT, AND OPERATE A 20-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS. 3 0 0 0 0 0 0 325934 338990 8457 11438 3233 3974 337624 354402 0 0 0 0 0 0 0 0 0 612910 747906 612910 747906 -275286 -393504 2289470 2111801 1604571 1819025 684899 292776 ORGANIZED TO OWN, CONSTRUCT, AND OPERATE A 20-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS. false false 665321 0 338990 ORGANIZED TO OWN, CONSTRUCT, AND OPERATE A 20-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS. 665321 false false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false X 3 0 false false false false true true true true true false false false true true true true true true false false false false NY X OLGA KOVALCHUK 6465655837 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 ARLO M CHASE SECRETARY 0.1 39.9 X X 0 336453 52460 DOUGLAS J WALERSTEIN TREASURER 0.1 39.9 X X 0 375394 44187 PERRY J PERLMUTTER PRESIDENT & CEO 0.1 39.9 X X 0 538511 92962 0 1250358 189609 0 false true false 0 0 RENTAL INCOME 532000 338990 338990 0 0 0 0 338990 11438 11438 0 0 0 0 MISCELLANEOUS REVENUE 900099 3974 3974 0 0 0 0 3974 354402 338990 0 15412 0 0 300 300 17507 17507 150 150 0 0 1342 1342 82295 82295 12951 12951 165039 165039 22381 22381 REPAIRS & MAINTENANCE 169136 169136 SECURITY SERVICES 128672 128672 ALLOCATED PAYROLL & BENEFITS 81318 22670 58648 0 MISCELLANEOUS EXPENSES 41210 41210 25605 1668 23937 0 747906 665321 82585 0 163125 105810 36775 72583 0 0 0 17106 13622 4749832 3129756 1783401 1620076 0 0 289063 299710 2289470 2111801 10572 22953 4120 1617 0 1295070 1295070 294809 499385 1604571 1819025 X 684899 292776 684899 292776 2289470 2111801 -393504 1381 0 X false true true false 359998 359998 4218574 3081020 1137554 171260 48736 122524 1620076 REPLACEMENT RESERVE 185608 OPERATING RESERVE 94561 MORTGAGE COST 17000 SECURITY DEPOSITS 2541 299710 Federal Income Taxes DEFERRED INTEREST PAYABLE 274912 DUE TO AFFILIATES 221931 SECURITY DEPOSIT PAYABLE 2542 499385 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FLORA VISTA HOUSING DEVELOPMENT FUND CORPORATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE ORGANIZATION HAS FILED INTERNAL REVENUE SERVICE (IRS) FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF JUNE 30, 2025, THE ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. false false false false false false false false false ARLO M CHASE SECRETARY 0 336453 0 0 0 0 0 10800 0 41660 0 388913 0 0 PERRY J PERLMUTTER PRESIDENT & CEO 0 538511 0 0 0 0 0 57600 0 35362 0 631473 0 0 DOUGLAS J WALERSTEIN TREASURER 0 375394 0 0 0 0 0 39400 0 4787 0 419581 0 0 Schedule J, Part I, Line 3 SERVICES FOR THE UNDERSERVED, INC. (EIN: 91-1918247), A 501(C)(3) AFFILIATE OF THE REPORTING ORGANIZATION, PAID COMPENSATION TO THE REPORTING ORGANIZATION'S TOP MANAGEMENT OFFICIAL. SERVICES FOR THE UNDERSERVED, INC. HAS ESTABLISHED THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL USING COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Form 990, Part VI, Line 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICER OR KEY EMPLOYEE. Form 990, Part VI, Line 6 Classes of members or stockholders SERVICES FOR THE UNDERSERVED, INC., A NEW YORK NOT-FOR-PROFIT CORPORATION, IS THE SOLE CORPORATE MEMBER OF FLORA VISTA HOUSING DEVELOPMENT FUND CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body SERVICES FOR THE UNDERSERVED, INC., AS THE SOLE CORPORATE MEMBER OF FLORA VISTA HOUSING DEVELOPMENT FUND CORPORATION, HAS THE FINAL APPROVAL OF ELECTING THE BOARD OF DIRECTORS FOR THE ORGANIZATION AND FINAL VOTING RIGHTS ON GOVERNING MATTERS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders SERVICES FOR THE UNDERSERVED, INC., AS THE SOLE CORPORATE MEMBER OF FLORA VISTA HOUSING DEVELOPMENT FUND CORPORATION, HAS THE FINAL APPROVAL OF ELECTING THE BOARD OF DIRECTORS FOR THE ORGANIZATION AND FINAL VOTING RIGHTS ON GOVERNING MATTERS. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. DRAFT FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AS WELL AS THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy ANNUALLY, ALL MEMBERS OF THE BOARD AND THE EXECUTIVE MANAGEMENT TEAM COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE RESPONSES ARE REVIEWED AND INVESTIGATED BY THE AGENCY COMPLIANCE OFFICER AND IF A CONFLICT EXISTS, THE INDIVIDUAL IS REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 21 TRUXTON STREET HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 455310317 HOUSING NY 501(c)(4) NA false BOSTON POST ROAD HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 134184743 HOUSING NY 501(c)(3) 7 NA false BROADWAY DECATUR HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 464660291 HOUSING NY 501(c)(4) NA false CEDAR TREMONT HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 133710038 HOUSING NY 501(c)(3) 7 NA false JEROME HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 134034906 HOUSING NY 501(c)(4) NA false MACOMBS ROAD HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 261438142 HOUSING NY 501(c)(4) NA false MELROSE HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 371950969 HOUSING NY 501(c)(4) NA false MGX PHASE 2 G HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 934513456 HOUSING NY 501(c)(4) NA false MOTHER GASTON HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 205513282 HOUSING NY 501(c)(4) NA false NEW LIFE HOMES HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 134103927 HOUSING NY 501(c)(4) NA false PALLADIA HOUSING CORPORATION 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 510165030 HOUSING NY 501(c)(3) NA false PALLADIA PHILANTHROPIES INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 133463392 HOUSING NY 501(c)(3) 7 NA false PALLADIA YEAR 15 INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 463644907 HOUSING NY 501(c)(3) 7 NA false PALLADIA INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 237089380 HOUSING NY 501(c)(3) 7 NA false PROJECT RETURN HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 133524668 HOUSING NY 501(c)(3) 7 NA false PROJECT RETURN INSTITUTE 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 132990558 EDUCATION NY 501(c)(3) 10 NA false SERVICES FOR THE UNDERSERVED INC 463 SEVENTH 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10 NA false SUS - MENTAL HEALTH PROGRAMS INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 112540650 MENTAL HEALTH NY 501(c)(3) 10 NA false SUS - URGENT HOUSING PROGRAMS INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 320353562 HOUSING NY 501(c)(3) 10 NA false SUS FOUNDATION INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 202549482 SRVC PROVIDER NY 501(c)(3) 10 NA false SUS UNDERCLIFF HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 472407254 HOUSING NY 501(c)(4) NA false 2264 MORRIS AVENUE HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 472176372 HOUSING NY 501(c)(4) NA false 1070 WASHINGTON PARTNERSHIP LP 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 454265200 HOUSING NY NA 1434 UNDERCLIFF AVE LP 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 812698489 HOUSING NY NA 21 TRUXTON ST LP 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 274739361 HOUSING NY NA 2264 MORRIS AVE MM LLC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 472182867 HOUSING NY NA 2264 MORRIS 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463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 462604048 HOUSING NY NA C Corporation 0 0 0 false ALABAMA AVENUE MANAGER LLC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 833473188 HOUSING NY NA C Corporation 0 0 0 false C1 C2 VITAL BK HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 870924327 HOUSING NY NA C Corporation 0 0 0 false C3 VITAL BK HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 870963776 HOUSING NY NA C Corporation 0 0 0 false DREITZER CORP 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 133977159 HOUSING NY NA C Corporation 0 0 0 false DREITZER HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 911778729 HOUSING NY NA C Corporation 0 0 0 false G&M PROPERTIES II HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 472337286 HOUSING NY NA C Corporation 0 0 0 false HILL HDFC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 133964090 HOUSING NY NA C Corporation 0 0 0 false HILL HOUSE ASSOCIATES INC 463 SEVENTH AVENUE 17TH FLOOR NEW YORK NY 10018 134027482 HOUSING 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