2019-05-10T08:40:08-05:00 2018-12-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2018-01-01 223028987 512 LEMOYNE AVE HOUSING DEV FUND CO INC 512L 3154241821 990 JAMES STREET SYRACUSE NY 13203 DOUGLAS J REICHER PRESIDENT 3154241821 2019-04-19 1 DAVID J DE SILVA P00005255 3154719171 208.125.54.67 2019-04-19 09:17:29 ED P 8FA072056A7C4021F558364B7801956D91CE3001 C3EC875729DC6C1F7103B5E1CCD2FF5B2FE2C350 2018 2019-02-21 02:37:17Z DOUGLAS J REICHER 990 JAMES STREET SYRACUSE NY 13203 245431 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1989 NY LOW INCOME HOUSING PROJECT 3 3 6 0 0 0 0 0 197544 243767 82 155 8433 1509 206059 245431 0 0 0 0 47655 42078 0 0 0 311567 319394 359222 361472 -153163 -116041 2688331 2550658 5886804 5865172 -3198473 -3314514 THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 45-A OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 0 0 327430 243767 OPERATION OF A 38-UNIT LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 45-A OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 327430 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 0 1 3 0 1 6 1 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 1 1 1 1 1 0 0 0 NY X CHRISTOPHER COMMUNITY INC 3154241821 990 JAMES STREET SYRACUSE NY 13203 X DAVID FILIPSKI SECRETARY/TREASURER 1.00 X X 0 0 0 DOUGLAS REICHER PRESIDENT 1.00 X X 0 0 0 FREDRICK ZOLNA VICE-PRESIDENT 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENT, NET VACANCY LOSS 531110 243767 243767 243767 155 155 LAUNDRY/VENDING REVENU 812300 1426 1426 TENANT CHARGES 811000 83 83 1509 245431 243767 0 1664 33942 33942 5336 5336 2800 2800 12900 12900 390 390 7725 7725 14170 4003 10167 70258 70258 78 78 166526 166526 23567 23567 EXTERMINATING EXPENSE 11758 11758 SNOW REMOVAL 3735 3735 EQUIPMENT RENTAL & MAIN 2896 2896 TRASH REMOVAL 2609 2609 2782 2782 361472 327430 34042 0 21771 21354 1632 1536 7874 9437 5693918 3304801 2553354 2389117 103700 129214 2688331 2550658 100402 77955 5772888 5772888 13514 14329 5886804 5865172 X -3198473 -3314514 -3198473 -3314514 2688331 2550658 -116041 0 X 0 1 X 0 0 X 26 26 200042 193927 201544 197544 243767 1036824 200068 193927 201544 197544 243767 1036850 0 0 0 1036850 98 90 90 82 155 515 98 90 90 82 155 515 3213 2306 3461 8433 1509 18922 203379 196323 205095 206059 245431 1056287 0.98160 0.95570 0.00050 0.00040 X 29500 29500 5653120 3293503 2359617 11298 11298 0 2389117 TENANT SECURITY DEPOSITS 14329 RESERVE FOR REPLACEMENTS 53939 OPERATING RESERVE 60946 129214 TENANT SECURITY DEPOSITS 14329 14329 X 245431 0 245431 0 245431 361472 0 361472 0 361472 PART X, LINE 2: THE CORPORATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE CORPORATION'S EXEMPT STATUS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE VP OF FINANCE FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE. 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.