2020-07-01T12:25:05-05:00 2019-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2018-07-01 331137455 FURNITURE SHAREHOUSE INC FURN 9148341294 C/O K BIALO 24 ELM AVENUE LARCHMONT NY 10538 KATHERINE A BIALO PRESIDENT 9148341294 2020-07-01 1 GARRETT M HIGGINS P00543209 9143818900 2020-06-30 24.190.81.239 2020-07-01 12:25:01 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2021-01-29 14:40:06Z KATHERINE A BIALO C/O K BIALO 24 ELM AVENUE LARCHMONT NY 10538 679820 0 X WWW.FURNITURESHAREHOUSE.ORG X 2006 NY PROVIDE GENTLY USED FURNITURE FREE OF CHARGE DIRECTLY TO FAMILIES IN NEED. 8 8 0 50 0 0 522903 637567 15550 14604 1298 2159 18011 -53193 557762 601137 361205 338953 0 0 0 0 0 0 0 194732 189727 555937 528680 1825 72457 404452 480537 8011 11639 396441 468898 X PROVIDE GENTLY USED FURNITURE FREE OF CHARGE DIRECTLY TO FAMILIES IN NEED. 0 0 506007 338953 20179 SEE SCHEDULE OSTATISTICS FOR FY 2018-2019:HOUSEHOLDS SERVED: 387INDIVIDUALS: 1041CHILDREN INCLUDED: 496FEMALE HEADS OF HOUSEHOLD INCLUDED: 223 ITEMS DISTRIBUTED: 5,934VALUE: $338,953 ($327,535 DONATED FURNITURE, INVENTORY ACQUISITION $1,979, MATTRESS COSTS $9,439)ACCOMPLISHMENTS:ESTABLISHED THE GALA 2018 VIGNETTE STUDIO AT GALLERIA MALL IN WHITE PLAINS (JULY - OCTOBER 2018) TO ENABLE DESIGNERS TO WORK ON VIGNETTES; HELD TWO OPEN HOUSES TO PUBLICIZE GALAHELD 4 FURNITURE DRIVES (CORTLANDT MANOR SEPT 2018, RYE ZERO WASTE DAY NOV 2018, MAMARONECK HIGH SCHOOL APRIL 2019, BRONXVILLE JUNE 2019)HELD HIGHLY-SUCCESSFUL GALA NOVEMBER 2, 2018HAD VERY SUCCESSFUL ANNUAL CAMPAIGNHELD 2ND COMMUNITY TABLE BUILD WITH LARCHMONT-MAMARONECK STEM ALLIANCE (MARCH 2019)HONORED BY NEW YORK YANKEES DURING THEIR HOPE WEEK 2019, WITH WAREHOUSE VISIT FROM KEY PLAYERS AND FURNITURE SHAREHOUSE HONORED ON THE FIELD AT YANKEE STADIUM, JUNE 19, 2019HELD SEVERAL VOLUNTEER DAYS OF SERVICE, INCLUDING VOUNTEERNY!'S 9/11 (SEPT 2018) AND MLK DAY DAYS OF SERVICE (JAN 2019), AND WELCOMED VOLUNTEER GROUPS TO WORK IN OUR WAREHOUSE ON MULTIPLE THIRD SATURDAYS AND ADDITIONAL WEEKDAYS. 506007 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X X KATHERINE A BIALO 9148341294 24 ELM AVENUE LARCHMONT NY 10538 X KATHERINE A BIALO PRESIDENT/EXECUTIVE DIRECTOR 25.00 X X 0 0 0 KENNETH M BIALO SECRETARY/DIRECTOR 1.00 X X 0 0 0 PATRICIA BROWN TREASURER/DIRECTOR 1.00 X X 0 0 0 CHRIS EIFLER DIRECTOR 1.00 X 0 0 0 LINDA ELLIS DIRECTOR 1.00 X 0 0 0 REBECCA MAZIN DIRECTOR 1.00 X 0 0 0 KATHY MCGRATH DIRECTOR 3.50 X 0 0 0 MEG CALLACI DIRECTOR 1.00 X 0 0 0 LAURA RUDDY DIRECTOR THRU JUNE 2019 11.00 X 0 0 0 CATHERINE WACHS DIRECTOR THRU DECEMBER 2018 2.00 X 0 0 0 0 0 0 0 0 0 0 0 227322 410245 309577 637567 AGENCY FEES 624100 14604 14604 14604 2159 2159 16915 227322 78683 -61768 -61768 5575 0 5575 5575 OTHER INCOME 900099 3000 3000 3000 601137 20179 0 -56609 338953 338953 13888 13888 25675 25675 938 938 4452 1064 3388 10584 10584 19999 19999 6161 6161 12884 11799 1085 TRUCK DELIVERY COSTS 66080 66080 VOLUNTEER DEVELOPMENT 18811 15347 3464 SUPPLIES & MAINTENANCE 6622 6622 FURNITURE DRIVES 2785 2785 848 848 528680 506007 22673 0 21372 21768 257410 350450 5850 13125 76899 56941 4479 5972 61405 29124 38442 32281 404452 480537 3186 5614 4825 6025 8011 11639 X 387226 460252 9215 8646 396441 468898 404452 480537 72457 0 X X 1 X 0 1 0 X 593825 501544 698368 522903 637567 2954207 593825 501544 698368 522903 637567 2954207 2954207 820 831 1086 1298 2159 6194 109623 51819 12697 174139 3000 3000 3137540 101302 0.94160 0.93140 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 3,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61405 29124 32281 32281 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2016. GALA 244237 227322 16915 26201 14193 10623 27666 244237 227322 16915 26201 14193 10623 27666 78683 -61768 1 DISTRIBUTED FURNITURE 387 338953 COST METHOD USED FURNITURE PART I, LINE 2: THE ORGANIZATION WORKS WITH MEMBER AGENCIES THAT MUST BE NON-PROFIT BASED IN WESTCHESTER, NY. THE MEMBER AGENCIES MAKE CLIENT REFERRALS BASED UPON THEIR OWN ASSESSMENT OF THE CLIENT'S NEEDS AND RESOURCES. X 309577 THRIFT SHOP VALUE 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KATHERINE A. BIALO AND KENNETH M. BIALO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS. DETERMINATIONS OF WHETHER A CONFLICT EXISTS IS SELF-DISCLOSED, FOLLOWED BY REVIEW/APPROVAL OF BOARD QUORUM OF ANY TRANSACTIONS. IF ANY QUESTION MAY ARISE IN THE MIND OF ANY DIRECTOR OR OFFICER OF THE CORPORATION AS TO A POTENTIAL CONFLICT BETWEEN HIS OR HER OWN INDIVIDUAL INTEREST, THOSE OF AN IMMEDIATE FAMILY MEMBER OR THOSE OF A RELATED PARTY AND THE INTEREST OF THE CORPORATION, FULL DISCLOSURE OF ALL FACTS PERTAINING TO SUCH POTENTIAL CONFLICT SHALL BE MADE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.