2021-04-20T18:58:13-05:00 2020-12-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2020-01-01 161496955 LORETTO APTS HOUSING DEV FUND CO INC MALTA HOUSE APARTMENTS LORE 3154241821 990 JAMES STREET SYRACUSE NY 13203 KIMBERLY TOWNSEND CHAIRPERSON 3154241821 2021-04-02 1 KIMBERLY TOWNSEND 999009999 DAVID J DE SILVA P00005255 3154719171 2021-04-02 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KIMBERLY TOWNSEND 990 JAMES STREET SYRACUSE NY 13203 336987 0 0928 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1996 NY LOW-INCOME HOUSING 5 5 1 0 0 0 0 0 320823 327254 5514 4408 4151 5325 330488 336987 0 0 0 0 75490 78543 0 0 0 342735 351383 418225 429926 -87737 -92939 2014000 1910703 39831 29473 1974169 1881230 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 355453 327254 OPERATION OF A 50-UNIT LOW-INCOME HOUSING PROJECT ON A NONPROFIT BASISPURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT. 355453 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 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 JOHN BRENNAN BOARD SECRETARY 1.00 X X 0 0 0 KIMBERLY TOWNSEND BOARD CHAIRPERSON 1.00 X 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 SR JANE BOURNE BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME - NET OF 531110 327254 327254 327254 4408 4408 LAUNDRY & VENDING REVE 812300 3586 3586 MISCELLANEOUS INCOME 812900 1149 1149 TENANT CHARGES 811000 590 590 5325 336987 327254 0 9733 58565 58565 15537 15537 4441 4441 38838 38838 13160 13160 30682 8365 22317 15693 15693 158 158 114147 114147 15702 15702 EQUIPMENT RENTAL & MAIN 87931 87931 SEWER USE TAX 18380 18380 SNOW REMOVAL 7815 7815 TRASH REMOVAL 4568 4568 4309 4309 429926 355453 74473 0 58538 291 7225 2318 17018 17125 3772931 2207410 1637144 1565521 294075 325448 2014000 1910703 21298 11956 18533 17517 39831 29473 X -1484531 -1577470 3458700 3458700 1974169 1881230 2014000 1910703 -92939 0 X 0 1 X 0 1 1 X 326098 324016 326851 320823 327254 1625042 326098 324016 326851 320823 327254 1625042 0 0 0 1625042 5016 5512 5084 5514 4408 25534 5016 5512 5084 5514 4408 25534 56867 5115 3937 4151 5325 75395 387981 334643 335872 330488 336987 1725971 0.94150 0.94140 0.01480 0.01530 X 100000 100000 3442764 2046787 1395977 65709 54442 11267 164458 106181 58277 1565521 TENANT SECURITY DEPOSITS 17517 ESCROW DEPOSITS 28731 REPLACEMENT RESERVE 263178 RESIDUAL RECEIPTS RESERVE 16022 325448 TENANT SECURITY DEPOSITS 17517 17517 X 336987 0 336987 0 336987 429926 0 429926 0 429926 PART X, LINE 2: THE CORPORATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS 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 CORPORATIONS 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 MANAGING AGENT RECEIVES 990 FROM 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, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.