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HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC (EIN 22-2873650)
Tax period
2019-08-01 to 2020-07-31
Filed
2021-06-04
IRS object ID
202101559349300930
Schema version
2019v5.2
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)
Return2021-06-04T13:20:17-05:00ReturnTs
Tax Period End2020-07-31TaxPeriodEndDt

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 Begin2019-08-01TaxPeriodBeginDt

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
Signature2021-05-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A URBAN CPAPreparerPersonNm
PTINP00630018PTIN
Phone7166340700PhoneNum
Preparation2021-05-18PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGREGORY D SUPPLEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$545,723GrossReceiptsAmt
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$1,273,204PYProgramServiceRevenueAmt
CY Program Service Revenue$514,582CYProgramServiceRevenueAmt
PY Investment Income$401PYInvestmentIncomeAmt
CY Investment Income$329CYInvestmentIncomeAmt
PY Other Revenue$7,026PYOtherRevenueAmt
CY Other Revenue$30,812CYOtherRevenueAmt
PY Total Revenue$1,280,631PYTotalRevenueAmt
CY Total Revenue$545,723CYTotalRevenueAmt
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$108,284PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$55,440CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$696,432PYOtherExpensesAmt
CY Other Expenses$613,838CYOtherExpensesAmt
PY Total Expenses$804,716PYTotalExpensesAmt
CY Total Expenses$669,278CYTotalExpensesAmt
PY Revenues Less Expenses$475,915PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$123,555CYRevenuesLessExpensesAmt
Total Assets BOY$8,368,835TotalAssetsBOYAmt
Total Assets EOY$8,793,371TotalAssetsEOYAmt
Total Liabilities BOY$2,719,095TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,267,186TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,649,740NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,526,185NetAssetsOrFundBalancesEOYAmt
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$620,484ExpenseAmt
Revenue$514,582RevenueAmt
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$620,484TotalProgramServiceExpensesAmt
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 Line1NADINE LUGO STAFF ACCOUNTANTBusinessNameLine1Txt
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
GREGORY D SUPPLE ESQ
CHAIRPERSON1.000.00Yes (X)Yes (X)$0$0$0
DAVID MERTE PE
VICE CHAIRPERSON1.000.00Yes (X)Yes (X)$0$0$0
JOAN ECK
SECRETARY/TREASURER1.000.00Yes (X)Yes (X)$0$0$0
JOHN LAWRENCE
DIRECTOR1.000.00Yes (X)$0$0$0
PAUL PILON
DIRECTOR1.000.00Yes (X)$0$0$0
MARGARET O'LEARY
C.E.O.40.000.00Yes (X)$0$124,610$10,965
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$124,610TotReportableCompRltdOrgAmt
Total Other Compensation$10,965TotalOtherCompensationAmt
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$514,582TotalRevenueColumnAmt
Related Or Exempt Func Income$514,582RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$514,582TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$329TotalRevenueColumnAmt
Exclusion$329ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
MISCELLANEOUS900099$28,009$28,009
LAUNDRY INCOME812300$2,803$2,803
FieldValueIRS element (for citing)
Other Revenue Total$30,812OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$545,723TotalRevenueColumnAmt
Related Or Exempt Func Income$514,582RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$31,141ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$55,440TotalAmt
Program Services$48,177ProgramServicesAmt
Management And General$7,263ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$58,802TotalAmt
Program Services$58,802ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$52,350TotalAmt
Program Services$35,975ProgramServicesAmt
Management And General$16,375ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$23,256TotalAmt
Program Services$15,982ProgramServicesAmt
Management And General$7,274ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$631TotalAmt
Program Services$538ProgramServicesAmt
Management And General$93ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$66,099TotalAmt
Program Services$66,099ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$154,431TotalAmt
Program Services$145,428ProgramServicesAmt
Management And General$9,003ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$129,429TotalAmt
Program Services$124,440ProgramServicesAmt
Management And General$4,989ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,479TotalAmt
Program Services$14,523ProgramServicesAmt
Management And General$2,956ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROPERTY TAXES$39,686$39,686
REPAIRS & MAINTENANCE$38,820$38,820
TRASH REMOVAL$9,355$9,355
TELEPHONE$9,329$8,488$841

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$14,171TotalAmt
Program Services$14,171ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$669,278TotalAmt
Program Services$620,484ProgramServicesAmt
Management And General$48,794ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$35BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,781BOYAmt
EOY$7,085EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,736BOYAmt
EOY$9,303EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,515,500LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,081,892LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,523,863BOYAmt
EOY$3,433,608EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,823,420BOYAmt
EOY$5,343,375EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,368,835BOYAmt
EOY$8,793,371EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$147,618BOYAmt
EOY$65,811EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,541,792BOYAmt
EOY$3,170,020EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,685BOYAmt
EOY$31,355EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,719,095BOYAmt
EOY$3,267,186EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,649,740BOYAmt
EOY$5,526,185EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,649,740BOYAmt
EOY$5,526,185EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,368,835BOYAmt
EOY$8,793,371EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$123,555ReconcilationRevenueExpnssAmt
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$493,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$509,171CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$509,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,273,204CurrentTaxYearMinus1YearAmt
Current Tax Year$514,582CurrentTaxYearAmt
Total$3,299,403TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$493,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$509,171CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$509,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,273,204CurrentTaxYearMinus1YearAmt
Current Tax Year$514,582CurrentTaxYearAmt
Total$3,299,403TotalAmt

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$3,299,403PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$290CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$372CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$368CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$401CurrentTaxYearMinus1YearAmt
Current Tax Year$329CurrentTaxYearAmt
Total$1,760TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$290CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$372CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$368CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$401CurrentTaxYearMinus1YearAmt
Current Tax Year$329CurrentTaxYearAmt
Total$1,760TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,297CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$23,880CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$74,158CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,026CurrentTaxYearMinus1YearAmt
Current Tax Year$30,812CurrentTaxYearAmt
Total$144,173TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$501,759CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$533,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$583,800CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,280,631CurrentTaxYearMinus1YearAmt
Current Tax Year$545,723CurrentTaxYearAmt
Total$3,445,336TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.95760PublicSupportCY509Pct
Public Support PY5090.95650PublicSupportPY509Pct
Investment Income CY0.00050InvestmentIncomeCYPct
Investment Income PY0.00060InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$553,788OtherCostOrOtherBasisAmt
Book Value$553,788BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,952,332OtherCostOrOtherBasisAmt
Depreciation$2,078,351DepreciationAmt
Book Value$2,873,981BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,380OtherCostOrOtherBasisAmt
Depreciation$3,541DepreciationAmt
Book Value$5,839BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,433,608TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$1,528,784
DUE FROM SUBSIDIARIES$767,153
INVESTMENT IN L.P.$878,407
OPERATING RESERVE$27,325
PROJECT DEVELOPMENT FEES$2,105,737
RESERVE FOR REPLACEMENTS$4,614
TENANTS' SECURITY DEPOSITS$31,355
FieldValueIRS element (for citing)
Total Book Value Other Assets$5,343,375TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANTS' SECURITY DEPOSITSDesc
Amt$31,355Amt
FieldValueIRS element (for citing)
Total Liability$31,355TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$545,723TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$545,723RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$545,723TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$669,278TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$669,278ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$669,278TotalExpensesPerForm990Amt

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$3,188,713TransactionAmt
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 15SALARIES FOR COMPARABLE POSITIONS/ORGANIZATIONS ARE REVIEWED.
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, 2020.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
COMMUNITY SERVICES PROGRAMS INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590510139050LOW-INCOME HOUSINGNY501(C)(3)LINE 7N/A0
GREEN MEADOWS HDFC INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590263450340LOW-INCOME HOUSINGNY501(C)(3)LINE 7N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
MEADOW RIDGE I LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590020564415HOUSINGNYN/A0Yes (1)0.00100
MEADOW RIDGE II LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590203625429HOUSINGNYN/A0Yes (1)0.00100
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 (5 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
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 (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
DIMARCO PLACE II LP
D$224,391FMV
MEADOW RIDGE II LP
D$625,000FMV
HIGHLAND MEADOWS SENIOR LP
D$516,480FMV
GREEN MEADOWS APARTMENTS LP
E$69,792FMV
COMMUNITY SERVICES PROGRAMS INC
D$767,153FMV

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