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HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC (EIN 22-2873650)
Tax period
2023-08-01 to 2024-07-31
Filed
2025-06-11
IRS object ID
202531629349301503
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-06-11T14:22:38-05:00ReturnTs
Tax Period End2024-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN474526160PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EFPR GROUP CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16390 MAIN STREET SUITE 200AddressLine1Txt
CityWILLIAMSVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222873650EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY HOUSING DEVELOPMENT FUNDBusinessNameLine1Txt
Business Name Line2COMPANY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHUDSBusinessNameControlTxt
Phone8452972004PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARGARET O'LEARYPersonNm
Person TitleC.E.O.PersonTitleTxt
Phone8452972004PhoneNum
Signature2025-06-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A URBAN CPAPreparerPersonNm
PTINP00630018PTIN
Phone7166340700PhoneNum
Preparation2025-06-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGREGORY D SUPPLE ESQPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$669,580GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$575,326PYProgramServiceRevenueAmt
CY Program Service Revenue$663,285CYProgramServiceRevenueAmt
PY Investment Income$81PYInvestmentIncomeAmt
CY Investment Income$93CYInvestmentIncomeAmt
PY Other Revenue$8,056PYOtherRevenueAmt
CY Other Revenue$6,202CYOtherRevenueAmt
PY Total Revenue$583,463PYTotalRevenueAmt
CY Total Revenue$669,580CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$55,927PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$56,280CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$677,802PYOtherExpensesAmt
CY Other Expenses$1,059,457CYOtherExpensesAmt
PY Total Expenses$733,729PYTotalExpensesAmt
CY Total Expenses$1,115,737CYTotalExpensesAmt
PY Revenues Less Expenses-$150,266PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$446,157CYRevenuesLessExpensesAmt
Total Assets BOY$8,304,860TotalAssetsBOYAmt
Total Assets EOY$7,851,173TotalAssetsEOYAmt
Total Liabilities BOY$3,094,838TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,087,308TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,210,022NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,763,865NetAssetsOrFundBalancesEOYAmt
MissionTHE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,005,960ExpenseAmt
Revenue$663,285RevenueAmt
DescTO MAINTAIN AND DEVELOP THE HOUSING PROPERTIES AND PROJECTS, ON A NON-PROFIT BASIS, FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.Desc
Total Program Service Expenses$1,005,960TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8452972004PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CSP BUILDING 5 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAVID MERTE PE
VICE CHAIRPERSON1.001.00Yes (X)Yes (X)$0$0$0
GREGORY D SUPPLE ESQ
CHAIRPERSON1.001.00Yes (X)Yes (X)$0$0$0
JOAN ECK
SECRETARY/TREASURER1.001.00Yes (X)Yes (X)$0$0$0
JOHN LAWRENCE
DIRECTOR1.001.00Yes (X)$0$0$0
PAUL PILON
DIRECTOR1.001.00Yes (X)$0$0$0
MARGARET O'LEARY
C.E.O.1.0040.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business531110BusinessCd
Total Revenue Column$663,285TotalRevenueColumnAmt
Related Or Exempt Func Income$663,285RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$663,285TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$93TotalRevenueColumnAmt
Exclusion$93ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
MISCELLANEOUS900099$3,142$3,142
LAUNDRY INCOME812300$3,060$3,060
FieldValueIRS element (for citing)
Other Revenue Total$6,202OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$669,580TotalRevenueColumnAmt
Related Or Exempt Func Income$663,285RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,295ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$56,280TotalAmt
Program Services$48,907ProgramServicesAmt
Management And General$7,373ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$72,000TotalAmt
Management And General$72,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$37,520TotalAmt
Program Services$25,784ProgramServicesAmt
Management And General$11,736ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$100TotalAmt
Program Services$100ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,227TotalAmt
Program Services$1,046ProgramServicesAmt
Management And General$181ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$70,511TotalAmt
Program Services$70,511ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$135,274TotalAmt
Program Services$127,388ProgramServicesAmt
Management And General$7,886ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$133,194TotalAmt
Program Services$128,060ProgramServicesAmt
Management And General$5,134ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$26,206TotalAmt
Program Services$21,775ProgramServicesAmt
Management And General$4,431ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BAD DEBTS$428,470$428,470
REPAIRS & MAINTENANCE$72,950$72,950
MISCELLANEOUS$22,885$22,885
DEVELOPER FEE$18,000$18,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$41,120TotalAmt
Program Services$40,084ProgramServicesAmt
Management And General$1,036ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,115,737TotalAmt
Program Services$1,005,960ProgramServicesAmt
Management And General$109,777ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,512BOYAmt
EOY$53,763EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$798BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,430BOYAmt
EOY$25,656EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,644,067LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,610,576LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,225,846BOYAmt
EOY$3,033,491EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,070,274BOYAmt
EOY$4,738,263EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,304,860BOYAmt
EOY$7,851,173EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$155,979BOYAmt
EOY$202,410EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$42,075EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,904,250BOYAmt
EOY$2,807,170EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$34,609BOYAmt
EOY$35,653EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,094,838BOYAmt
EOY$3,087,308EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,210,022BOYAmt
EOY$4,763,865EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,210,022BOYAmt
EOY$4,763,865EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,304,860BOYAmt
EOY$7,851,173EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$446,157ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$514,582CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$523,391CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$515,846CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$575,326CurrentTaxYearMinus1YearAmt
Current Tax Year$663,285CurrentTaxYearAmt
Total$2,792,430TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$514,582CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$523,391CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$515,846CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$575,326CurrentTaxYearMinus1YearAmt
Current Tax Year$663,285CurrentTaxYearAmt
Total$2,792,430TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,792,430PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$329CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$87CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$65CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$81CurrentTaxYearMinus1YearAmt
Current Tax Year$93CurrentTaxYearAmt
Total$655TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$329CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$87CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$65CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$81CurrentTaxYearMinus1YearAmt
Current Tax Year$93CurrentTaxYearAmt
Total$655TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,812CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$123,648CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,298CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,056CurrentTaxYearMinus1YearAmt
Current Tax Year$6,202CurrentTaxYearAmt
Total$200,016TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$545,723CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$647,126CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$547,209CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$583,463CurrentTaxYearMinus1YearAmt
Current Tax Year$669,580CurrentTaxYearAmt
Total$2,993,101TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.93300PublicSupportCY509Pct
Public Support PY5090.94400PublicSupportPY509Pct
Investment Income CY0.00020InvestmentIncomeCYPct
Investment Income PY0.00030InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$553,758OtherCostOrOtherBasisAmt
Book Value$553,758BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,969,875OtherCostOrOtherBasisAmt
Depreciation$2,598,759DepreciationAmt
Book Value$2,371,116BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$120,434OtherCostOrOtherBasisAmt
Depreciation$11,817DepreciationAmt
Book Value$108,617BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,033,491TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$1,938,401
DUE FROM SUBSIDIARIES$412,756
INVESTMENT IN L.P.$800,706
OPERATING RESERVE$13,270
PROJECT DEVELOPMENT FEES$1,516,719
RESERVE FOR REPLACEMENTS$20,758
TENANTS' SECURITY DEPOSITS$35,653
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,738,263TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANTS' SECURITY DEPOSITSDesc
Amt$35,653Amt
FieldValueIRS element (for citing)
Total Liability$35,653TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$669,580TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$669,580RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$669,580TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,115,737TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,115,737ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,115,737TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationCOMMUNITY SERVICES PROGRAMS, INC. AND HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY, INC. 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 ENTITIES HAVE BEEN CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A) OF THE CODE. THE ENTITIES 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 ENTITIES HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS CONSOLIDATED FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ENTITIES ARE SUBJECT TO TAX EXAMINATION BY TAXING AUTHORITIES.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJOAN ECKPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionOFFICER, ULSTER SAVINGS BANKRelationshipDescriptionTxt
Transaction$2,807,170TransactionAmt
TransactionMORTGAGE LOANSTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3COMMUNITY SERVICES PROGRAMS, INC., AN AFFILIATE, PROVIDES ALL STAFF FOR THE COMPLETION OF THE ACTIVITIES OF HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY, INC.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS DISTRIBUTED TO THE BOARD ELECTRONICALLY FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CPRIOR TO ANY BOARD ACTION, CONFLICTS OF INTEREST ARE SO NOTED AND RECORDED.
FORM 990, PART VI, SECTION B, LINE 15GUIDESTAR REPORTS ARE USED TO REVIEW SALARIES FOR COMPARABLE POSITIONS/ORGANIZATIONS.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.
FORM 990, PART IX, LINE 7:WAGES REPORTED BY HUDSON VALLEY HDFC ARE PAID BY, AND REIMBURSED TO COMMUNITY SERVICES PROGRAMS, INC., A RELATED CORPORATION. AMOUNTS REPORTED ON LINE 7 REPRESENT WAGES AND BENEFITS ALLOCABLE TO HUDSON VALLEY HDFC.
FORM 990, PART XII, LINE 2C:NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED JULY 31, 2024.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY SERVICES PROGRAMS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd
FieldValueIRS element (for citing)
EIN510139050EIN
Primary ActivitiesLOW-INCOME HOUSINGPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmt
MEADOW RIDGE I LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590020564415HOUSINGNYN/A0Yes (1)0.00100
MEADOW RIDGE II LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590203625429HOUSINGNY0Yes (1)0.99990HUDSON VALLEY HDFCRELATED$379,712$426,888
DIMARCO PLACE II LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590550832363HOUSINGNYN/A0Yes (1)0.00100
GREEN MEADOWS APARTMENTS LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590263450405HOUSINGNYN/A0Yes (1)0.00100

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
MEADOW RIDGE CORPORATION
5 GIVANS AVENUEWAPPINGERS FALLSNY12590030407632INVESTMENTNYN/AC1.000000
MEADOW RIDGE II HDFC INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590203519310INVESTMENTNYN/AC1.000000
DIMARCO PLACE II INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590550832444INVESTMENTNYN/AC1.000000
GREEN MEADOWS AFFORDABLE HOUSING CORP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590264536325INVESTMENTNYN/AC1.000000
HIGHLAND MEADOWS SENIOR HOUSING DEVELOPMENT FUND CO INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590462546346INVESTMENTNYN/AC1.000000
GREEN MEADOWS HDFC INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590263450340INVESTMENTNYN/AC1.000000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
DIMARCO PLACE II LP
DFMV
MEADOW RIDGE II LP
DFMV
HIGHLAND MEADOWS SENIOR LP
DFMV
GREEN MEADOWS APTS LP
EFMV
COMMUNITY SERVICES PROGRAMS INC
DFMV
COMMUNITY SERVICES PROGRAMS INC
MFMV

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