2021-10-04T15:42:34-05:00 2020-12-31 PRICEWATERHOUSECOOPERS LLP 300 MADISON AVENUE NEW YORK NY 10017 990 2020-01-01 200043817 EHS I INC % JOSEPH LAVACCA EHS 2129777622 55 CLARK STREET BROOKLYN NY 11201 Ramalingam Ganesh CPA CFO 2129777622 2021-10-01 Ramalingam Ganesh CPA 999009999 LAURA J PARELLO P01080295 6464713000 2021-10-01 2 2020 2022-09-23 18:48:47Z JEFFREY LYNFORD 55 CLARK STREET BROOKLYN NY 11201 8418307 false X WWW.STUDENTHOUSING.ORG X 2003 NY THE EHS & SUBSIDIARIES MISSION IS "TO ENHANCE THE NEW YORK CITY COLLEGE EXPERIENCE BY PROVIDING SAFE AND AFFORDABLE HOUSING IN AN ENRICHING STUDENT LIFE ENVIRONMENT" 8 8 0 0 0 0 0 0 13631586 8304988 132 121 136194 113198 13767912 8418307 0 0 0 0 1052158 1164893 0 0 0 14072944 14086023 15125102 15250916 -1357190 -6832609 14010844 21316915 2656567 16795247 11354277 4521668 THE EHS & SUBSIDIARIES MISSION IS "TO ENHANCE THE NEW YORK CITY COLLEGE EXPERIENCE BY PROVIDING SAFE AND AFFORDABLE HOUSING IN AN ENRICHING STUDENT LIFE ENVIRONMENT". false false 14278349 8410005 TO ACQUIRE BY LEASE OR OTHERWISE, MAINTAIN AND OPERATE, IN THE NEW YORK CITY METRO AREA, QUALITY, SAFE, STATE OF THE ART, AFFORDABLE, RESIDENTIAL FACILITIES FOR STUDENTS AND TEACHERS OF EDUCATIONAL INSTITUTIONS. 14278349 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 true true true false true 29 0 true 0 false false false false false false false false X 8 8 false false false false true false false true true false false true true true true true true false false false NY X JOSEPH LAVACCA 2129777622 55 CLARK STREET BROOKLYN NY 11201 X JEFFREY LYNFORD PRESIDENT 0.44 34.56 X 0 584087 50046 FAYE BEAN SENIOR VP LEASING & MARKETING 10.15 24.85 X 0 277147 52193 CHRISTY CHATFIELD SENIOR VP STUDENT LIFE 9.98 25.02 X 0 200754 53009 RAMALINGAM GANESH SENIOR VP/CFO 3.94 31.06 X 0 240399 9210 JOSEPH LA VACCA TREASURER 9.45 25.55 X 0 198990 38125 ARIEL DYBNER SR VP GNRL COUNSEL, SECRETARY 1.05 33.95 X 0 182499 45167 ABRAM BERNSTEIN VP OF INVESTMENTS 1.02 33.98 X 0 196403 19569 DARLENE LEWIS CONTROLLER 9.45 25.55 X 0 139150 25849 KEVIN GROSS VP FACILITIES & PROPERTY MGMT 6.42 28.58 X 0 158158 6072 ADAM B KAUFMAN SENIOR HOUSING ADVISOR 12.72 22.28 X 0 133318 16745 WILLIAM COCKRUM III BOARD MEMBER 1.0 4.0 X 0 25000 0 JERRY HULTIN CHAIRMAN OF THE BOARD 1.0 4.0 X 0 25000 0 JOHN THOMAS RANDOLPH II Board Member 1.0 4.0 X 0 25000 0 DALE ANNE REISS BOARD MEMBER 1.0 4.0 X 0 25000 0 SAMARA BAREND Board Member 1.0 4.0 X 0 25000 0 DONALD D SHEETS Board Member 1.0 4.0 X 0 25000 0 DENNIS R IRVIN Board Member 1.0 4.0 X 0 25000 0 CARL RICHARD HARTMAN BOARD MEMBER 1.0 4.0 X 0 25000 0 0 2510905 315985 0 false true false CLEANING BUILDING SERVICES 1133 Broadway Ste 412 NEW YORK NY 10010 CLEANING SERVICE 276479 AARGO SERVICES INC 112-126 E 128TH STREET NEW YORK NY 10035 Security 757710 2 0 HOUSING AND DORMITORY 721310 8304988 8304988 8304988 121 121 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 VENDING MACHINE 900099 2825 2825 REIMBURSEMENT OF SECURITY 900099 105017 105017 MISCELLAENOUS 900099 5356 5356 113198 8418307 8410005 0 8302 0 0 0 0 273558 273558 0 779513 377576 401937 19742 9934 9808 92080 38729 53351 0 0 3675 2848 827 46985 46985 0 0 0 54725 52405 2320 286040 286040 39222 39222 87227 3556 83671 0 12324597 12299067 25530 5293 5071 222 0 481 481 0 0 107045 99607 7438 194264 168238 26026 TEMPORARY EXPENSE 4650 4650 STUDENT LIFE EXPENSE 168197 168197 BAD DEBT EXPENSE 398012 398012 REPAIRS AND MAINTENANCE 364819 364419 400 791 791 15250916 14278349 972567 1064305 4523761 250657 250779 0 0 494854 153002 0 0 0 0 0 0 0 0 3608 1773 3435428 3371612 156025 63816 0 0 0 0 0 0 0 0 12041395 16323784 14010844 21316915 406301 8050199 0 0 2250266 837600 0 0 0 0 0 0 0 0 0 0 0 7907448 2656567 16795247 X 11354277 4521668 0 0 11354277 4521668 14010844 21316915 -6832609 X false true X true false 811857 801160 10697 2623571 2570452 53119 63816 SECURITY DEPOSITS 392553 DUE FROM RELATED PARTIES 8278735 RIGHT OF USE ASSET 7652496 16323784 0 LEASE LIABILITY 7801165 OTHER LIABILITIES 7220 DUE TO RELATED PARTIES 99063 7907448 X SCHEDULE D, PART X, LINE 2 FIN 48 THE ORGANIZATION IS TAX-EXEMPT UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT ITS TAX-EXEMPT STATUS WOULD BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATIONAL TAX RETURNS IN THE UNITED STATES FEDERAL AND NEW YORK STATE JURISDICTIONS. false false false ARIEL DYBNER SR VP GNRL COUNSEL, SECRETARY 0 142499 0 40000 0 0 0 0 0 45167 0 227666 0 0 JEFFREY LYNFORD PRESIDENT 0 584087 0 0 0 0 0 19528 0 30518 0 634133 0 0 JOSEPH LA VACCA TREASURER 0 178990 0 20000 0 0 0 7607 0 30518 0 237115 0 0 FAYE BEAN SENIOR VP LEASING & MARKETING 0 242147 0 35000 0 0 0 7026 0 45167 0 329340 0 0 CHRISTY CHATFIELD SENIOR VP STUDENT LIFE 0 190754 0 10000 0 0 0 7842 0 45167 0 253763 0 0 KEVIN GROSS VP FACILITIES & PROPERTY MGMT 0 138158 0 20000 0 0 0 6072 0 0 0 164230 0 0 ADAM B KAUFMAN SENIOR HOUSING ADVISOR 0 133318 0 0 0 0 0 5148 0 11597 0 150063 0 0 RAMALINGAM GANESH SENIOR VP/CFO 0 220399 0 20000 0 0 0 9210 0 0 0 249609 0 0 DARLENE LEWIS CONTROLLER 0 119150 0 20000 0 0 0 5608 0 20241 0 164999 0 0 ABRAM BERNSTEIN VP OF INVESTMENTS 0 121403 0 75000 0 0 0 7792 0 11777 0 215972 0 0 FORM 990, PART VI, LINE 6 MEMBERS OF THE ORGANIZATION THE ORGANIZATION IS THE TYPE OF NOT-FOR-PROFIT CORPORATION THAT IS REQUIRED TO HAVE MEMBERS. THE DIRECTORS OF THE ORGANIZATION ACT AS THE MEMBERS. FORM 990, PART VI, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY THE FORM 990 FOR 2020 WAS PROVIDED TO THE FULL BOARD AT THE SEPTEMBER 2021 BOARD MEETING FOR REVIEW AND COMMENT. APPROVAL VIA BOARD VOTE OF THE FORM 990 IS REQUIRED PRIOR TO FILING THE REPORT TO THE IRS. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY EHS' CONFLICT OF INTEREST POLICY REQUIRES THE FILING BY ALL BOARD MEMBERS AND SENIOR OFFICERS OF THE ORGANIZATION OF ANNUAL CONFLICTS DISCLOSURE STATEMENT. THESE STATEMENTS ARE REVIEWED BY THE GOVERNANCE AND COMPENSATION COMMITTEE QUARTERLY FOR ANY CONFLICT. FORM 990, PART VI, LINE 15A & 15B COMPENSATION POLICY 990 Part VI-LINE 15A: IN SEPTEMBER 2019, THE ORGANIZATION, WITH REVIEW AND APPROVAL OF THE GOVERNANCE, FINANCE AND COMPENSATION COMMITTEE AND INPUT FROM OUTSIDE COMPENSATION CONSULTANTS GRANT THORNTON, LLP, EXTENDED THE EMPLOYMENT CONTRACT OF ITS PRESIDENT FOR AN ADDITIONAL TERM OF TEN YEARS ENDING DECEMBER 31, 2029. PART VI - LINE 15B IN 2018 THE ORGANIZATION RE-ENGAGED GRANT THORNTON LLP TO REVIEW THE COMPENSATION LEVELS OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION TO PROVIDE THE BOARD WITH A DETERMINATION OF COMPENSATION FOR THOSE EMPLOYEES. AS A RESULT OF THIS DETERMINATION NO COMPENSATION DECISIONS WERE MADE FOR ANY OTHER OFFICER OR KEY EMPLOYEES OF THE ORGANIZATION DURING 2020 FORM 990, PART VI, LINE 19 DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION COPIES OF THE ANNUAL FINANCIALS AND OTHER GOVERNING DOCUMENTS ARE SENT TO THE STATE OF NEW YORK, NEW YORK STATE BOND COMMISSION, AND THE BOARD OF DIRECTORS. COPIES ARE ON FILE AND AVAILABLE UPON REQUEST. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990 PAYROLL EHS CONTRACTS WITH ADP TOTAL SOURCE FOR THEIR HUMAN RESOURCES/PAYROLL SERVICES. AS SUCH, ALL EMPLOYEES OF EHS BECAME PART OF ADP'S PROFESSIONAL EMPLOYER ORGANIZATION (PEO) GROUP. FOR W-2 PURPOSES, ADP IS LISTED AS THE EMPLOYER OF ALL EHS EMPLOYEES. EHS IS THE SOLE ENTITY THAT PAYS THE EMPLOYEES OF ALL THE RELATED/CONTROLLING ENTITIES. ALLOCATIONS ARE MADE FROM EHS TO THESE ENTITIES BASED ON ACTUAL TIME WORKED BY EACH EMPLOYEE WHEN KNOWN, OR BY AN ALLOCATION OF MANAGEMENT SALARIES BASED UPON THE ESTIMATED TIME WORKED THROUGH THE YEAR ON THESE ENTITIES. HOURS OF BOARD MEMBERS ARE BASED UPON THE QUARTERLY AND MONTHLY MEETINGS INCLUDING REGULAR INTERACTIONS WITH MANAGEMENT IN PERSON AND TELEPHONICALLY AS IT RELATES TO A PARTICULAR ENTITY. EDUCATIONAL HOUSING SERVICES INC 55 CLARK STREET BROOKLYN NY 11201 133411159 STUD. 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