2021-07-08T04:43:22-05:00 2021-03-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2020-04-01 161594409 LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC LORE 3154241821 990 JAMES STREET SYRACUSE NY 13203 KIMBERLY TOWNSEND CHAIRPERSON 3154241821 2021-06-09 1 KIMBERLY TOWNSEND 999009999 DAVID J DE SILVA P00005255 3154719171 2021-06-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KIMBERLY TOWNSEND 700 E BRIGHTON AVE SYRACUSE NY 13205 236111 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 2006 NY LOW-INCOME HOUSING PROJECT 5 5 1 0 0 0 0 0 228263 233018 10 11 3388 3082 231661 236111 0 0 0 0 43377 45497 0 0 0 283833 282114 327210 327611 -95549 -91500 3115230 3033522 13174 22966 3102056 3010556 THE CORPORATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. 0 0 272947 233018 OPERATION OF A 39-UNIT IS SUBJECT TO A REGULATORY AGREEMENT FOR NONPROFIT AND PUBLIC MORTGAGES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 272947 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 6 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRISTOPHER COMMUNITY INC 3154241821 990 JAMES STREET SYRACUSE NY 13203 X SR JANE BOURNE BOARD MEMBER 1.00 X 0 0 0 JOHN MURRAY BOARD MEMBER 1.00 X 0 0 0 SISTER LINDA ANN PALMISANO BOARD MEMBER 1.00 X 0 0 0 KIMBERLY TOWNSEND CHAIRPERSON 1.00 X X 0 0 0 JOHN BRENNAN SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME - NET OF 531110 233018 233018 233018 11 11 LAUNDRY & VENDING 812300 2388 2388 MISCELLANEOUS 900099 629 629 TENANT CHARGES 811000 65 65 3082 236111 233018 0 3093 36139 36139 5675 5675 3683 3683 22348 22348 12157 12157 490 490 18284 4996 13288 14779 14779 204 204 114422 114422 15296 15296 EQUIPMENT RENTAL & MAIN 49441 49441 MISC TAX; LIC; PERM; IN 13687 13687 SNOW REMOVAL 10465 10465 MISC ADMIN EXPENSES 6348 424 5924 4193 3940 253 327611 272947 54664 0 2550 2330 1273 1003 20006 20406 4323616 1439684 2982365 2883932 109036 125851 3115230 3033522 2428 9446 10746 13520 13174 22966 X -683131 -1050737 3785187 4061293 3102056 3010556 3115230 3033522 -91500 0 X 0 1 X 0 1 1 X 216701 223201 219787 228263 233018 1120970 216701 223201 219787 228263 233018 1120970 0 0 0 1120970 11 10 10 10 11 52 11 10 10 10 11 52 2115 2250 2248 3388 3082 13083 218827 225461 222045 231661 236111 1134105 0.98840 0.98870 0.00000 X 99480 99480 3852256 1156546 2695710 83469 83469 0 288411 199669 88742 2883932 TENANT SECURITY DEPOSITS 13012 PREPAID REVENUE 508 13520 X 236111 0 236111 0 236111 327611 0 327611 0 327611 PART X, LINE 2: INCOME TAXES THE CORPORATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAVE 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 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 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, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.