2021-05-13T09:06:57-05:00 2020-06-30 EISNERAMPER LLP 733 THIRD AVENUE NEW YORK NY 100172703 990 2019-07-01 133394231 Westbourne Housing Development Fund CompanyInc % WSFSSH C/O NANDA WIN WEST 2127216032 2345 Broadway New York NY 10024 PAUL FREITAG VICE PRESIDENT 2127216032 2021-05-11 true CANDICE METH P01306891 2129498700 2019 2022-09-23 18:48:47Z PAUL FREITAG VICE PRESIDENT 2345 BROADWAY NEW YORK NY 10024 1322921 false X WWW.WSFSSH.ORG X 1987 NY A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME. 3 2 0 0 0 0 1241311 1302561 24138 20360 0 0 1265449 1322921 0 0 0 0 512095 519405 0 0 0 750504 700265 1262599 1219670 2850 103251 7700371 7616159 4912504 4780468 2787867 2835691 A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME. false false 1113457 1302561 Developing, operating and managing housing for persons of low income. 1113457 true 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 true false false false true 3 0 true 0 false false false false false false false false false false false false X 3 2 false false false false false false false true true false false true true true true true true true true false NY X WSFSSH CO NANDA WIN 2127216032 2345 BROADWAY NEW YORK NY 10024 MR PAUL R FREITAG VICE PRESIDENT 1.0 46.0 X X 0 231134 25797 NANDA WIN TREASURER 1.0 46.0 X 0 174885 17950 MS LAURA M TAVORMINA TREASURER (THROUGH 5/2020) 1.0 46.0 X X 0 149152 17178 DAN DROSIN Assistant Vice President 1.0 46.0 X 0 115591 16171 JENNIFER STEINBERG ASSISTANT SECRETARY 1.0 46.0 X 0 111972 6359 MR SHELDON J FINE PRESIDENT 1.0 6.0 X X 0 0 0 CLAIRE HILGER SECRETARY 1.0 46.0 X X 0 0 0 0 782734 83455 0 false true false 0 0 RENTAL INCOME 531110 1300413 1300413 REFRIGERATION AND AIR CONDITION REVENUE 531310 2148 2148 1302561 20360 20360 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1322921 1302561 20360 X 0 0 0 0 0 0 399263 399263 10512 10512 76040 76040 33590 33590 97458 97458 31495 31495 8755 8755 0 0 0 18363 18363 0 53202 53202 14380 14380 0 0 164 164 0 0 0 0 161722 161722 60524 60524 UTILITIES 122968 122968 EQUIPMENT MAINT & REPAIR 94696 94696 SUPPLIES 14071 14071 SOCIAL & RECREATIONAL 0 22467 22467 1219670 1113457 106213 0 0 0 113362 96306 0 0 44709 72945 0 0 0 0 0 0 0 0 14286 17816 7694779 1650515 6197835 6044264 0 0 0 0 0 0 0 0 1330179 1384828 7700371 7616159 49320 70411 0 0 7028 8927 0 0 0 0 0 0 4665028 4665028 0 0 191128 36102 4912504 4780468 X 2787867 2835691 0 0 2787867 2835691 7700371 7616159 X 103251 -55427 X false true X true false X 0 0 125000 0 0 125000 1290546 1260187 1287042 1241311 1302561 6381647 0 0 0 1290546 1260187 1412042 1241311 1302561 6506647 0 0 0 6506647 7381 12071 12019 24138 20360 75969 0 7381 12071 12019 24138 20360 75969 0 0 0 1297927 1272258 1424061 1265449 1322921 6582616 0.98846 0.98905 0.01154 0.01095 X 1850000 1850000 5343039 1188765 4154274 501740 461750 39990 6044264 RESERVES IN ESCROW 1364268 OTHER RECEIVABLES 8398 SECURITY DEPOSITS - TENANTS 12162 1384828 0 TENANT SECURITY PAYABLE 12162 DUE TO AFFILIATE 23940 36102 X SCHEDULE D, PART X, LINE 2 The Organization is subject to the provisions of the Financial Accounting Standards Board's (The "FASB") Accounting Standards Codification ("ASC") Topic 740, "Income Taxes," relating to accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax-exempt status, management believes ASC TOPIC 740 has not had, and is not expected to have, a material impact on its consolidated financial statements. false false false false false false false false false MS LAURA M TAVORMINA TREASURER (THROUGH 5/2020) 0 149152 0 0 0 0 0 4475 0 12703 0 166330 0 0 MR PAUL R FREITAG VICE PRESIDENT 0 231134 0 0 0 0 0 6934 0 18863 0 256931 0 0 NANDA WIN TREASURER 0 174885 0 0 0 0 0 5247 0 12703 0 192835 0 0 SCHEDULE J, PART II COMPENSATION FROM RELATED ORGANIZATION: NEITHER THE VICE-PRESIDENT NOR THE TREASURER IS COMPENSATED BY THE FILING ORGANIZATION. HOWEVER, BOTH ARE COMPENSATED BY A RELATED ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING INC., WHICH PROVIDES THE PROPERTY MANAGEMENT FOR THE FILING ORGANIZATION. ALSO SEE PART VII, SECTION A. FORM 990 PART VI, SECTION B, LINE 11A THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST STATEMENTS ARE DISTRIBUTED FOR COMPLETION TO ALL DIRECTORS AND OFFICERS ANNUALLY. ALL STATEMENTS ARE REVIEWED BY THE ENTIRE BOARD AND MAINTAINED BY THE VICE-PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15B NEITHER THE VICE-PRESIDENT NOR THE TREASURER IS COMPENSATED BY THE FILING ORGANIZATION. HOWEVER, BOTH ARE COMPENSATED BY A RELATED ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING INC., WHICH IS A CONTROLLING ENTITY OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE FOLLOWING GOVERNANCE DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST: 1. ARTICLES OF INCORPORATION 2. BY-LAWS 3. IRS DETERMINATION LETTER 4. CONFLICT-OF-INTEREST POLICY 5. AUDITED CONSOLIDATED FINANCIAL STATEMENTS 6. FORM 990 FORM 990, PART IX, LINE 7: THERE ARE NO EMPLOYEES REPORTED ON IRS FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS (SEE PART V LINE 2 (A)) BECAUSE THE PAYROLL FUNCTION OF THE FILING ORGANIZATION IS PROVIDED BY A RELATED NOT-FOR-PROFIT ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR AND SUPPORTIVE HOUSING, INC. (SEE SCHEDULE R PART V). THE salaries and wages reported in Form 990 Part IX line 7 represents the allocated salaries and wages of the 83 employees that worked for the filing organization DURING THE REPORTING PERIOD. FORM 990, PART XI, LINE 9 LOSS ON UNCOLLECTIBLE RECEIVABLES OF $55,427. WEST SIDE FEDERATION FOR SENIOR SUPPORTI 2345 BROADWAY ND FLOOR NY 10024 132926433 LOW INC HSG NY 501(c)(3) LINE 7 NA false WSA HOUSING DEVELOPMENT FUND COMPANYINC 2345 BROADWAY NEW YORK NY 10024 133257830 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false K&L HOUSING DEVELOPMENT FUND COMPANYINC 2345 BROADWAY NEW YORK NY 10024 133957282 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false EUCLID HALL HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133527248 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false FREDERIC FLEMING HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133370157 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false WEST SIDE SPECIAL HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133363237 LOW INC HSG NY 501(c)(2) N/A WSFSSH false EAST ONE THIRTY EIGHTH HDFC INC 2345 BROADWAY NEW YORK NY 10024 272817926 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false THREE ARTS CLUB HOUSING DEVELOPMENT FUND 2345 BROADWAY NEW YORK NY 10024 815151097 LOW INC HSG NY 501(C)(3) LINE 10 WSFSSH false MILL BROOK HOUSING DEVELOPMENT FUND 2345 BROADWAY NEW YORK NY 10024 815113727 LOW INC HSG NY 501(C)(3) LINE 10 WSFSSH false WEST 108TH STREET HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 815181888 LOW INC HSG NY 501(C)(4) N/A WSFSSH false VALLEY LODGE SHELTER HDFC 2345 BROADWAY NEW YORK NY 10024 830739223 low inc hsg NY 501(C)(4) N/A WSFSSH false TWO HUNDRED SIX ASSOCIATES LP 2345 BROADWAY EIN 13-3839380 NEW YORK NY 10024 133839380 LOW INC HSG NY NA N/A 0 0 0 ONE HUNDRED FORTY ASSOCIATES LP 2345 BROADWAY EIN 20-4467272 NEW YORK NY 10024 204467272 LOW INC HSG NY NA N/A 0 0 0 CLAREMONT PARK ASSOCIATES LP 2345 BROADWAY EIN 26-3714382 NEW YORK NY 10024 263714382 LOW INC HSG NY NA N/A 0 0 0 WEST EIGHTIES ASSOCIATES LP 2345 BROADWAY EIN 26-2448212 NEW YORK NY 10024 262448212 LOW INC HSG NY NA N/A 0 0 0 ONE FORTY NINE HOUSING COMPANY 2345 BROADWAY EIN 13-3316860 NEW YORK NY 10024 133316860 LOW INC HSG NY NA N/A 0 0 0 MANHATTAN WEST ASSOCIATES LP 2345 BROADWAY EIN 13-3060464 NEW YORK NY 10024 133060464 LOW INC HSG NY NA N/A 0 0 0 BORINQUEN COURT ASSOCIATES LP 2345 BROADWAY EIN 27-3214198 NEW YORK NY 10024 273214198 LOW INC HSG NY NA N/A 0 0 0 TRES PUENTES LP 2345 BROADWAY NEW YORK NY 10024 463895236 LOW INC HSG NY NA N/A 0 0 0 MILL BROOK TERR LP 2345 BROADWAY NEW YORK NY 10024 820862835 LOW INC HSG NY NA N/A 0 0 0 BORINQUEN COURT HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 273214146 LOW INC HSG NY NA C CORP 0 0 false BEN MICHALSKI HDFC INC 2345 BROADWAY NEW YORK NY 10024 133699837 LOW INC HSG NY NA C CORP 0 0 false ONE HUNDRED FORTY HOUSING CO INC 2345 BROADWAY NEW YORK NY 10024 204467153 LOW INC HSG NY NA C CORP 0 0 false CLAREMONT PARK HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 205273662 LOW INC HSG NY NA C CORP 0 0 false WEST EIGHTIES HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 262448081 LOW INC HSG NY NA C CORP 0 0 false FEDERATION HOUSING SUPPORT SERVICES INC 2345 BROADWAY NEW YORK NY 10024 133080217 LOW INC HSG NY NA C CORP 0 0 false Marseilles HDFC 2345 BROADWAY NEW YORK NY 10024 201738686 LOW INC HSG NY NA C CORP 0 0 false Tres Puente Housing Company Inc 2345 BROADWAY NEW YORK NY 10024 475421458 LOW INC HSG NY NA C CORP 0 0 false INDEPENDENCE HOUSE CORPORATION I 2345 BROADWAY NEW YORK NY 10024 821255170 LOW INC HSG NY NA C CORP 0 0 false MILL BROOK HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 820793408 LOW INC HSG NY NA C CORP 0 0 false WEST 108TH STREET HOUSING COMPANY INC 2345 broadway new york NY 10024 825071645 LOW INC HSG NY NA C CORP 0 0 false false false false false true false false false false false false true false true true false false false SCHEDULE R PART II, III AND IV THE FILING ORGANIZATION HAS A BROTHER-SISTER RELATIONSHIP WITH ALL THE ENTITIES LISTED IN THIS SCHEDULE R WITH THE EXCEPTION OF WEST SIDE FEDERATION FOR SENIOR AND SUPPORTIVE HOUSING, INC (WSFSSH), WHICH IS ITS PARENT. SCHEDULE R, PART V Several management functions are provided by a related 501 (C)(3) not-for-profit organization, West Side Federation For Senior & Supportive Housing Inc., (WSFSSH). These functions include payroll, health, dental, life and disability insurance, and property and liability insurance. The filing organization reimburses WSFSSH for these expenses. These reimbursed expenses are reported under category "p" on Schedule R - Part V. The Property Management services provided by WSFSSH is also reported under category "m" on Schedule R- Part V. To the extent that WSFSSH is not reimbursed fully for payroll, fringe, insurance and other expenses that WSFSSH pays on behalf of the filing organization, the advance payments made by WSFSSH are considered loaned to the filing organization. These advance payments are reported under category "e" on Schedule R -Part V.