2026-05-12T22:17:17-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-07-01 133832223 PRAXIS HOUSING INITIATIVES INC PRAX 2122938404 130 WEST 29TH STREET 7TH FLOOR NEW YORK NY 10001 SVEIN JORGENSEN CEO 2122938404 2026-05-11 1 1 LORI ROTHE YOKOBOSKY P01273422 2122970400 2026-05-01 2024 2025-03-06 01:10:19Z SVEIN JORGENSEN 130 WEST 29TH STREET 7TH FLOOR NEW YORK NY 10001 37260930 0 X WWW.PRAXISHOUSING.ORG X 1995 NY PROVIDER OF TRANSITIONAL & PERMANENT SUPPORTIVE HOUSING TO FORMERLY HOMELESS PEOPLE. 8 8 271 8 0 0 37123562 36092850 708855 333939 37526 142061 402123 686383 38272066 37255233 0 0 0 0 8866018 9406966 0 0 130933 28207176 26545520 37073194 35952486 1198872 1302747 54053285 47200430 43795008 35638988 10258277 11561442 X THE MISSION OF PRAXIS IS TO STABILIZE CHRONICALLY HOMELESS PERSONS WITH MULTIPLE DIAGNOSES, SUCH AS HIV/AIDS, MENTAL HEALTH, CHEMICAL DEPENDENCY, AND OTHER SPECIAL NEEDS THROUGH CLEAN, SAFE HOUSING AND SUPPORT SERVICES THAT LEAD TO RECOVERY, STABILITY, AND ULTIMATELY, INDEPENDENCE. 0 0 34522528 1020322 PRAXIS HOUSING INITIATIVES, INC. CURRENTLY OPERATES FOUR CONGREGATE TRANSITIONAL SUPPORTIVE HOUSING PROGRAMS FOR INDIVIDUALS DIAGNOSED WITH HIV/AIDS, FOUR SCATTER SITE PROGRAMS THAT PROVIDE QUALITY SUPPORTIVE HOUSING AND ANCILLARY SERVICES TO ELIGIBLE HOMELESS FAMILIES AFFLICTED WITH AIDS OR HIV, TWO NEWLY CONSTRUCTED PERMANENT SUPPORTIVE HOUSING PROGRAMS FOR SPECIAL NEEDS POPULATIONS THAT MEET NY/NY III CRITERIA AND THREE TRANSITIONAL PROGRAMS FOR HOMELESS FAMILIES WITH AND WITHOUT CHILDREN. A TOTAL OF 988 UNITS ARE CURRENTLY OPERATED AND TOTAL NUMBER SERVED, ADULTS AND CHILDREN 1395 BY PRAXIS HOUSING INITIATIVES, INC. 34522528 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 271 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X VASHTI RAMPATSINGH 2122938404 130 WEST 29TH STREET 7TH FLOOR NEW YORK NY 10001 DALE BURNETT BOARD CHAIRMAN 1.00 X X 0 0 0 DAVID PERLOW BOARD MEMBER 1.00 X 0 0 0 EKTA VOHRA BOARD MEMBER 1.00 X 0 0 0 IRA PLATT TREASURER 1.00 X X 0 0 0 JONATHAN KIVELL BOARD MEMBER 1.00 X 0 0 0 MARK GUSTIN VICE CHAIRMAN 1.00 X X 0 0 0 MICHAEL SCHALL BOARD MEMBER 1.00 X 0 0 0 TUMI ADEBIYI BOARD MEMBER 1.00 X 0 0 0 SVEIN JORGENSEN CHIEF EXECUTIVE OFFICER 35.00 X 303348 0 8607 VASHTI RAMPATSINGH CHIEF FINANCIAL OFFICER 35.00 X 202760 0 14883 506108 0 23490 2 0 1 0 0 36092850 36092850 RENTAL INCOME 531110 333939 333939 333939 147758 147758 5697 -5697 -5697 -5697 MANAGEMENT FEES 531310 354816 354816 331567 331567 686383 37255233 1020322 0 142061 529598 508534 19136 1928 7302006 7011579 263834 26593 998157 958456 36065 3636 577205 554248 20855 2102 121291 116467 4382 442 172909 166032 6247 630 1978472 1899781 71486 7205 101757 97709 3677 371 16158817 15516123 583846 58848 33619 32282 1215 122 5648 5423 204 21 224935 215989 8127 819 953443 915521 34450 3472 SECURITY SERVICES 5084600 4882368 183715 18517 REPAIRS & MAINTENANCE 1551423 1489717 56056 5650 MISC. TAXES, LICENSES, 47090 45218 1701 171 DUES & SUBSCRIPTIONS 47028 45158 1699 171 64488 61923 2330 235 35952486 34522528 1299025 130933 135015 6659634 2559855 3034842 4489739 2613361 193385 211049 5069046 3128561 1951958 1940485 38942074 30576454 5781259 2164605 54053285 47200430 1886936 2343820 385915 233232 48256 41674840 32860997 43795008 35638988 X 10258277 11561442 10258277 11561442 54053285 47200430 1302747 418 0 X 0 0 0 X 42695763 34596610 33382384 37123562 36092850 183891169 42695763 34596610 33382384 37123562 36092850 183891169 183891169 43933 42190 39822 37526 147758 311229 304821 329710 327732 402123 686383 2050769 186253167 2234499 0.98730 0.98950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: DEVELOPER MANAGEMENT FEES - 2020 AMOUNT: $ 295,021. 2021 AMOUNT: $ 296,212. 2022 AMOUNT: $ 301,868. 2023 AMOUNT: $ 315,993. 2024 AMOUNT: $ 354,816. OTHER INCOME - 2020 AMOUNT: $ 9,800. 2021 AMOUNT: $ 33,498. 2022 AMOUNT: $ 25,864. 2023 AMOUNT: $ 50,078. 2024 AMOUNT: $ 331,567. LPN SUPPORT - 2023 AMOUNT: $ 36,052. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 400000 400000 1663200 938667 724533 800006 647172 152834 2205840 1542722 663118 1940485 INVESTMENTS IN LP 936 LEASE OBLIGATION PRESENT VALUE 32860061 32860997 X X 0 0 0 0 0 0 0 0 0 SVEIN JORGENSEN CHIEF EXECUTIVE OFFICER 303348 0 0 0 0 0 0 0 8607 0 311955 0 0 0 VASHTI RAMPATSINGH CHIEF FINANCIAL OFFICER 202760 0 0 0 0 0 0 0 14883 0 217643 0 0 0 FORM 990, PART IV, LINE 12B AS OF THE DATE OF FILING THE AUDIT HAS NOT YET BEEN COMPLETED. FORM 990 HAS BEEN PREPARED BASED ON THE BEST INFORMATION AVAILABLE. SHOULD INFORMATION SUBSTANTIALLY CHANGE UPON COMPLETION OF THE AUDIT, APPROPRIATE ACTION WILL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND THEN REVIEWED AND APPROVED BY THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY, BOARD MEMBERS ARE REQUIRED TO SUBMIT SIGNED CONFLICT OF INTEREST FORMS ANNUALLY, FORMS ARE FILED APPROPRIATELY, CORPORATE COUNSEL REVIEWS AND UPDATES POLICY ANNUALLY, AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 ORGANIZATION MAINTAINS A WRITTEN COMPENSATION POLICY APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION SYSTEM USES COMPARABLE DATA ON POSITIONS IN THE MARKET TO SET SALARIES AND COMPENSATION PACKAGES. THE BOARD OF DIRECTORS REVIEWS AND APPROVES EXECUTIVE MANAGEMENT COMPENSATION PROPOSALS ON A YEARLY BASIS THROUGH THE MARKET ANALYSIS PROCESS. THE EXECUTIVE DIRECTOR APPROVES COMPENSATION FOR ALL OTHER STAFF WHILE BEING AWARE OF CONSTRAINTS AND BEING IN RECEIPT OF FUNDING SOURCES' GOVERNMENTAL APPROVAL TO CHANGE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FROM ITS MAIN OFFICE. PRAXIS WHITE PLAINS ROAD LLC 130 WEST 29TH ST NEW YORK NY 10001 271951614 LOW INCOME HOUSING NY N/A 0 0 LORING PLACE NORTH LP 130 WEST 29TH ST NEW YORK NY 10001 300854707 LOW INCOME HOUSING NY N/A 0 0 LORING PLACE NORTH GP INC 130 WEST 29TH ST NEW YORK NY 10001 364801850 AFFORDABLE HOUSING NY PRAXIS HOUSING INITIATIVES INC C 15000 55000 1.00000 1 LORING PLACE NORTH HOUSING DEVELOPMENT FUND CORPORATION 130 WEST 29TH ST NEW YORK NY 10001 463799473 AFFORDABLE HOUSING NY PRAXIS HOUSING INITIATIVES INC C 1.00000 1 PRAXIS HOUSING WHITE PLAINS ROAD HDFC 130 WEST 29TH ST NEW YORK NY 10001 453321773 AFFORDABLE HOUSING NY PRAXIS HOUSING INITIATIVES INC C 1.00000 1 PRAXIS WHITE PLAINS ROAD MM INC 130 WEST 29TH ST NEW YORK NY 10001 453321434 AFFORDABLE HOUSING NY PRAXIS HOUSING INITIATIVES INC C 3 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0