2024-11-13T21:52:35-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 760709606 DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORPORATION DIEG 7182929222 298 CYPRESS AVENUE BRONX NY 10454 ARLINE PARKS VICE CHAIR & CEO 7182929222 2024-11-13 1 1 MELISSA MODELSON P01603524 9143818900 2024-11-13 2023 2024-10-15 13:58:12Z ARLINE PARKS 298 CYPRESS AVENUE BRONX NY 10454 22015660 0 X WWW.DIEGOBEEKMAN.COM X 2001 NY THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW & MODERATE INCOME FAMILIES. 5 4 112 0 0 0 7687000 0 21280325 21255304 106721 427622 1018544 245381 30092590 21928307 0 0 0 0 6071561 6689019 0 0 0 17358873 14449640 23430434 21138659 6662156 789648 62076624 64668676 32009760 33812164 30066864 30856512 THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING TO MODERATE INCOME FAMILIES. 0 0 18359538 0 21255304 THE ORGANIZATION'S PURPOSE IS TO PROVIDE QUALITY AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES. THE ORGANIZATION OWNS 38 BUILDINGS CONSISTING OF 1,238 APARTMENTS. 18359538 1 0 0 1 0 0 0 0 1 0 1 0 0 1 1 1 0 1 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 1 0 0 0 1 31 0 112 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 NY X X ARLINE PARKS 7182929222 298 CYPRESS AVE BRONX NY 10454 ARLINE PARKS CEO 40.00 1.00 X X 221809 0 36655 ANDREW REICHER BOARD CHAIRMAN 1.00 1.00 X X 0 0 0 MARIA ORTIZ SECRETARY 1.00 1.00 X X 0 0 0 PAUL PHILPS TREASURER 1.00 0.00 X X 0 0 0 JOHNINE JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 LUIS A RIVERA SECURITY DIRECTOR 40.00 0.00 X 131232 0 5498 ANSON ALFONSO SECURITY GUARD 40.00 0.00 X 127796 0 16775 DARIO DELACRUZ SECURITY GUARD 40.00 0.00 X 118852 0 20635 599689 0 79563 4 0 1 0 R&S CONSTRUCTION 2318 FANCHER FIELD ROAD EAST WENATCHEE WA 98802 REPAIRS AND MAINTENANCE 3660484 WINNRESIDENTIAL (NY) LLC ONE WASHINGTON MALL SUITE 500 BOSTON MA 02108 MANAGEMENT SERVICES 831173 START ELEVATOR INC 4350 BULLARD AVENUE BRONX NY 10466 REPAIRS AND MAINTENANCE 581619 APEX MECHANICAL CORP 2800 WEBSTER AVENUE BRONX NY 104583011 BOILER REPAIR TECHS 488037 SAFETY FACILITY SERVICES 5 W 37TH ST RM 803 NEW YORK NY 100185383 REPAIRS AND MAINTENANCE 323528 14 RENTAL INCOME 531110 21255304 21255304 21255304 427622 427622 196216 87353 108863 108863 108863 MISCELLANEOUS INCOME 900099 59288 59288 DAMAGES INCOME 900099 52540 52540 REIMBURSEMENT INCOME 900099 19107 19107 5583 5583 136518 21928307 21255304 0 673003 258464 129232 129232 4792106 4225542 566564 144886 117764 27122 927003 755105 171898 566560 461484 105076 800000 800000 326014 326014 23230 23230 96000 96000 672246 545259 126987 60325 60325 442366 95721 346645 8318669 8318669 5379 5379 2223165 2223165 40721 40721 REPAIRS & MAINTENANCE 1086270 1086242 28 VIOLATIONS 289685 289685 MISCELLANEOUS EXPENSE 48222 48222 TRAINING 11348 11348 6000 6000 21138659 18359538 2779121 0 721512 1085604 7793635 6366724 867844 1590336 155965 145421 874366 1948225 71000540 30523351 37383325 40477189 14279977 13055177 62076624 64668676 2042101 1220565 101816 88970 571234 596457 29242224 31855519 52385 50653 32009760 33812164 X 30066864 30856512 30066864 30856512 62076624 64668676 789648 0 X X 0 1 X 1 0 X 811548 811548 7687000 9310096 20599864 20545938 21267361 21280325 21255304 104948792 20599864 21357486 22078909 28967325 21255304 114258888 0 0 0 114258888 487802 321996 277245 347806 623838 2058687 487802 321996 277245 347806 623838 2058687 2289840 851558 1991454 864268 136518 6133638 23377506 22531040 24347608 30179399 22015660 122451213 0.93310 0.92330 0.01680 0.01460 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2019 AMOUNT: $ 2,011,121. 2020 AMOUNT: $ 480,150. 2021 AMOUNT: $ 1,927,343. 2022 AMOUNT: $ 738,972. 2023 AMOUNT: $ 5,538. LAUNDRY INCOME - 2019 AMOUNT: $ 3,226. 2020 AMOUNT: $ 4,671. 2021 AMOUNT: $ 4,596. 2022 AMOUNT: $ 5,780. APPLICATION FEES - 2019 AMOUNT: $ 1,780. 2020 AMOUNT: $ 1,345. 2021 AMOUNT: $ 1,270. 2022 AMOUNT: $ 670. 2023 AMOUNT: $ 45. DAMAGES INCOME - 2019 AMOUNT: $ 49,908. 2020 AMOUNT: $ 37,021. 2021 AMOUNT: $ 31,425. 2022 AMOUNT: $ 72,345. 2023 AMOUNT: $ 52,540. TENANT SERVICES - 2019 AMOUNT: $ 1,728. 2020 AMOUNT: $ 2,483. 2021 AMOUNT: $ 388. REIMBURSEMENT INCOME - 2019 AMOUNT: $ 111,853. 2020 AMOUNT: $ 325,361. 2021 AMOUNT: $ 25,277. 2022 AMOUNT: $ 31,088. 2023 AMOUNT: $ 19,107. MISCELLANEOUS INCOME - 2019 AMOUNT: $ 110,224. 2020 AMOUNT: $ 527. 2021 AMOUNT: $ 1,155. 2022 AMOUNT: $ 15,413. 2023 AMOUNT: $ 59,288. 0 0 0 0 0 0 0 0 1 96000 96000 0 PART II-B, LINE 1: THE ORGANIZATION RETAINED KASIRER LLC TO PROVIDE, DEVELOP, AND IMPLEMENT A COMPREHENSIVE STRATEGIC PLAN TO OBTAIN SITE CONTROL OF CERTAIN CITY AND STATE OWNED PARCELS OF LAND NEEDED TO EXECUTE THE ORGANIZATION'S NEIGHBORHOOD DEVELOPMENT PLAN. 0 1 X 80 80 44601882 24540056 20061826 10032585 5532604 4499981 16365993 450691 15915302 40477189 TENANT SECURITY DEPOSIT 587542 UTILITY DEPOSIT 8645 ESCROW RESERVE 10397239 DUE FROM RELATED PARTY 2061751 13055177 ACCRUED INTEREST 50653 50653 X 22084468 156161 156161 21928307 0 21928307 21334120 195461 195461 21138659 0 21138659 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENTS. PART X, LINE 2: THE HOUSING COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE HOUSING COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE HOUSING COMPANY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM CONSOLIDATED ENTITY REPORTED IN FINANCIAL STATEMENTS 68,808. RENT EXPENSE REPORTED ON PART VIII, LINE 6B: 87,353. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM CONSOLIDATED ENTITY REPORTED IN FINANCIAL STATEMENTS 108,108. RENT EXPENSE REPORTED ON PART VIII, LINE 6B: 87,353. X X X 0 0 0 0 0 0 0 1 0 ARLINE PARKS CEO 200621 0 20000 0 1188 0 1312 0 35343 0 258464 0 0 0 PART I, LINE 7 CERTAIN INDIVIDUALS INCLUDED IN PART VII, AND SCHEDULE J, PART II RECEIVED A DISCRETIONARY BONUS DURING THE YEAR WHICH WAS INCLUDED IN COLUMN B(II) AND IN THEIR 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED WINNRESIDENTIAL, LLC TO PROVIDE MANAGEMENT AND BOOKKEEPING SERVICES. THESE SERVICES ARE DETAILED IN A FORMAL MANAGEMENT AGREEMENT. FOR THE YEAR ENDING DECEMBER 31, 2023, THE MANAGEMENT FEES WERE $800,000. NO MEMBER OF THE BOARD OF DIEGO BEEKMAN IS COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION B, LINE 11B DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED IT IS ELECTRONICALLY SENT TO MANAGEMENT FOR REVIEW, AND THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS STATEMENT IS DIRECTED NOT ONLY TO DIRECTORS AND OFFICERS, BUT TO ANY AGENT AND ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE CORPORATION OR ITS BOARD OF DIRECTORS OR MAKE COMMITMENTS ON THEIR BEHALF THIS WOULD INCLUDE ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO MIGHT BE DESCRIBED AS "MANAGEMENT PERSONNEL, AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING ANY AFFAIRS OF THE CORPORATION EACH DIRECTOR, OFFICER, MANAGEMENT AGENT, MANAGEMENT EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE PARTY BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD'S EXECUTIVE COMMITTEE DETERMINES SALARY COMPENSATION FOR ARLINE PARKS, THE CEO. THE EXECUTIVE COMMITTEE USES THE CHARITY NAVIGATOR'S CEO COMPENSATION STUDY TO DETERMINE MS. PARK'S SALARY. THE COMPENSATION WAS REVIEWED ANNUALLY. A REVIEW IS CONDUCTED BY THE BOARD OF DIRECTORS EACH YEAR. THE APPROVAL WAS DOCUMENTED IN THE BOARD MINUTES OF THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR. DIEGO BEEKMAN LOCAL DEVELOPMENT CORPORATION 298 CYPRESS AVENUE BRONX NY 10454 822119139 RELIEVING AND REDUCING UNEMPLOYMENT NY 501(C)(3) LINE 12A, I DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION HOUSING DEVELOPMENT FUND CORP 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0