2020-06-30T12:56:42-05:00 2019-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2018-07-01 133394231 Westbourne Housing Development Fund CompanyInc % WSFSSH C/O NANDA WIN WEST 2127216032 2345 Broadway New York NY 10024 PAUL FREITAG EXECUTIVE DIRECTOR 2127216032 2020-05-01 true CANDICE METH P01306891 2129498700 64.238.150.4 26505220201825000087 2020-06-30 P B94A1AAFF1A9FFAF10CECC06ABB62AE0BD7B09E9 814237CDAC415BF47852EF7502A289A78C363D88 2018 2021-01-29 14:40:06Z PAUL FREITAG VPSECRETARY 2345 BROADWAY NEW YORK NY 10024 1265449 false X WWW.WSFSSH.ORG X 1987 NY A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME. 3 1 0 0 125000 0 1287042 1241311 12019 24138 0 0 1424061 1265449 0 0 0 0 504392 512095 0 0 0 826187 750504 1330579 1262599 93482 2850 7827743 7700371 4974505 4912504 2853238 2787867 A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME. false false 1154558 1241311 Developing, operating and managing housing for persons of low income. 1154558 true 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 false false true false false false true 5 0 true 0 false false false false false false false false false false false false X 3 1 false true false false false false false true true false false true true true true true true true true false NY X WSFSSH CO NANDA WIN 2127216032 2345 BROADWAY NEW YORK NY 10024 MR SHELDON J FINE PRESIDENT 1.0 6.0 X X 0 0 0 MS LAURA M TAVORMINA TREASURER 1.0 46.0 X X 0 147138 15058 MR PAUL R FREITAG VICE PRESIDENT/SECRETARY 1.0 46.0 X X 0 218003 21045 0 365141 36103 0 false true false 0 0 RENTAL INCOME 531110 1238169 1238169 REFRIGERATION AND AIR CONDITION REVENUE 531310 3142 3142 1241311 24138 24138 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1265449 1241311 24138 0 0 0 0 0 0 399093 399093 9029 9029 72967 72967 31006 31006 98902 98902 32646 32646 9139 9139 0 0 0 33354 33354 0 45321 45321 13700 13700 0 0 105 105 0 520 520 0 0 173698 173698 57070 57070 UTILITIES 133822 133822 EQUIPMENT MAINT & REPAIR 104607 104607 SUPPLIES 26159 26159 SOCIAL & RECREATIONAL 385 385 21076 21076 1262599 1154558 108041 0 0 0 168459 113362 0 0 110491 44709 0 0 0 0 0 0 0 0 13835 14286 7686629 1488794 6266197 6197835 0 0 0 0 0 0 0 0 1268761 1330179 7827743 7700371 58865 49320 0 0 6160 7028 0 0 0 0 0 0 4665028 4665028 0 0 244452 191128 4974505 4912504 X 2853238 2787867 0 0 0 0 2853238 2787867 7827743 7700371 X 2850 -68221 X false true X true false X 0 0 0 125000 0 125000 1264457 1290546 1260187 1287042 1241311 6343543 0 0 0 1264457 1290546 1260187 1412042 1241311 6468543 0 0 0 6468543 16034 7381 12071 12019 24138 71643 0 16034 7381 12071 12019 24138 71643 0 0 0 0 1280491 1297927 1272258 1424061 1265449 6540186 0.98905 0.98982 0.01095 0.01018 X 1850000 1850000 5343039 1055188 4287851 493589 433605 59984 6197835 RESERVES IN ESCROW 1305365 OTHER RECEIVABLES 5155 SECURITY DEPOSITS - TENANTS 19659 1330179 0 TENANT SECURITY PAYABLE 19659 DUE TO AFFILIATE 169641 DUE TO RESIDENTS 1828 191128 X SCHEDULE D, PART X, LINE 2 The Organization is subject to the provisions of the Financial Accounting Standards Board's (The "FASB") Accounting Standards Codification ("ASC") Topic 740, "Income Taxes," relating to accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax-exempt status, management believes ASC TOPIC 740 has not had, and is not expected to have, a material impact on its consolidated financial statements. false false false false false false false false false MS LAURA M TAVORMINA TREASURER 0 147138 0 0 0 0 0 4414 0 10644 0 162196 0 0 MR PAUL R FREITAG VICE PRESIDENT/SECRETARY 0 218003 0 0 0 0 0 6540 0 14505 0 239048 0 0 SCHEDULE J, PART II COMPENSATION FROM RELATED ORGANIZATION: NEITHER THE VICE-PRESIDENT NOR THE TREASURER IS COMPENSATED BY THE FILING ORGANIZATION. HOWEVER, BOTH ARE COMPENSATED BY A RELATED ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING INC.,WHICH PROVIDES THE PROPERTY MANAGEMENT FOR THE FILING ORGANIZATION. ALSO SEE PART VII, SECTION A. FORM 990 PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS OF THE ORGANIZATION DESIGNATED NANDA WIN, CFO OF WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING, INC, WHICH IS THE CONTROLLING ENTITY OF THE ORGANIZATION, THE AUTHORITY TO PREPARE AND SIGN THE ORGANIZATION'S ANNUAL TAX COMPLIANCE FILINGS FOR FISCAL 2019. FORM 990 PART VI, SECTION B, LINE 11A THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST STATEMENTS ARE DISTRIBUTED FOR COMPLETION TO ALL DIRECTORS AND OFFICERS ANNUALLY. ALL STATEMENTS ARE REVIEWED BY THE ENTIRE BOARD AND MAINTAINED BY THE VICE-PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15B NEITHER THE VICE-PRESIDENT NOR THE TREASURER IS COMPENSATED BY THE FILING ORGANIZATION. HOWEVER, BOTH ARE COMPENSATED BY A RELATED ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING INC., WHICH IS A CONTROLLING ENTITY OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE FOLLOWING GOVERNANCE DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST: 1. ARTICLES OF INCORPORATION 2. BY-LAWS 3. IRS DETERMINATION LETTER 4. CONFLICT OF INTEREST POLICY 5. AUDITED CONSOLIDATED FINANCIAL STATEMENTS 6. FORM 990 FORM 990, PART IX, LINE 7: THERE ARE NO EMPLOYEES REPORTED ON IRS FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS (SEE PART V LINE 2 (A)) BECAUSE THE PAYROLL FUNCTION OF THE FILING ORGANIZATION IS PROVIDED BY A RELATED NOT-FOR-PROFIT ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR AND SUPPORTIVE HOUSING, INC. (SEE SCHEDULE R PART V). THE salaries and wages reported in Form 990 Part IX line 7 represents the allocated salaries and wages of the 44 employees that worked for the filing organization DURING THE REPORTING PERIOD. FORM 990, PART XI, LINE 9 LOSS ON UNCOLLECTIBLE RECEIVABLES OF $68,221. WEST SIDE FEDERATION FOR SENIOR SUPPORTI 2345 BROADWAY ND FLOOR NY 10024 132926433 LOW INC HSG NY 501(c)(3) LINE 7 NA false WSA HOUSING DEVELOPMENT FUND COMPANYINC 2345 BROADWAY NEW YORK NY 10024 133257830 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false K&L HOUSING DEVELOPMENT FUND COMPANYINC 2345 BROADWAY NEW YORK NY 10024 133957282 NEW YORK NY 501(c)(3) LINE 10 WSFSSH false EUCLID HALL HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133527248 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false FREDERIC FLEMING HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133370157 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false WEST SIDE SPECIAL HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133363237 LOW INC HSG NY 501(c)(2) NONE WSFSSH false EAST ONE THIRTY EIGHTH HDFC INC 2345 BROADWAY NEW YORK NY 10024 272817926 LOW INC HSG NY 501(c)(3) LINE 10 WSFSSH false THREE ARTS CLUB HOUSING DEVELOPMENT FUND 2345 BROADWAY NEW YORK NY 10024 815151097 LOW INC HSG NY 501(C)(3) LINE 10 WSFSSH false MILL BROOK HOUSING DEVELOPMENT FUND 2345 BROADWAY NEW YORK NY 10024 815113727 LOW INC HSG NY 501(C)(3) LINE 10 WSFSSH false WEST 108TH STREET HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 815181888 LOW INC HSG NY 501(C)(4) N/A WSFSSH false VALLEY LODGE SHELTER HDFC 2345 BROADWAY NEW YORK NY 10024 830739223 low inc hsg NY 501(C)(4) N/A WSFSSH false TWO HUNDRED SIX ASSOCIATES LP 2345 BROADWAY EIN 13-3839380 NEW YORK NY 10024 133839380 LOW INC HSG NY NA N/A 0 0 0 ONE HUNDRED FORTY ASSOCIATES LP 2345 BROADWAY EIN 20-4467272 NEW YORK NY 10024 204467272 LOW INC HSG NY NA N/A 0 0 0 CLAREMONT PARK ASSOCIATES LP 2345 BROADWAY EIN 26-3714382 NEW YORK NY 10024 263714382 LOW INC HSG NY NA N/A 0 0 0 WEST EIGHTIES ASSOCIATES LP 2345 BROADWAY EIN 26-2448212 NEW YORK NY 10024 262448212 LOW INC HSG NY NA N/A 0 0 0 ONE FORTY NINE HOUSING COMPANY 2345 BROADWAY EIN 13-3316860 NEW YORK NY 10024 133316860 LOW INC HSG NY NA N/A 0 0 0 MANHATTAN WEST ASSOCIATES LP 2345 BROADWAY EIN 13-3060464 NEW YORK NY 10024 133060464 LOW INC HSG NY NA N/A 0 0 0 BORINQUEN COURT ASSOCIATES LP 2345 BROADWAY EIN 27-3214198 NEW YORK NY 10024 273214198 LOW INC HSG NY NA N/A 0 0 0 TRES PUENTES LP 2345 BROADWAY NEW YORK NY 10024 463895236 LOW INC HSG NY NA N/A 0 0 0 MILL BROOK TERRACE LP 2345 BROADWAY NEW YORK NY 10024 820862835 LOW INC HSG NY NA N/A 0 0 0 BORINQUEN COURT HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 273214146 LOW INC HSG NY NA C CORP 0 0 false BEN MICHALSKI HDFC INC 2345 BROADWAY NEW YORK NY 10024 133699837 LOW INC HSG NY NA C CORP 0 0 false ONE HUNDRED FORTY HOUSING CO INC 2345 BROADWAY NEW YORK NY 10024 204467153 LOW INC HSG NY NA C CORP 0 0 false CLAREMONT PARK HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 205273662 LOW INC HSG NY NA C CORP 0 0 false WEST EIGHTIES HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 262448081 LOW INC HSG NY NA C CORP 0 0 false FEDERATION HOUSING SUPPORT SERVICES INC 2345 BROADWAY NEW YORK NY 10024 133080217 LOW INC HSG NY NA C CORP 0 0 false Marseilles HDFC 2345 BROADWAY NEW YORK NY 10024 201738686 LOW INC HSG NY NA C CORP 0 0 false Tres Puente Housing Company Inc 2345 BROADWAY NEW YORK NY 10024 475421458 LOW INC HSG NY NA C CORP 0 0 false INDEPENDENCE HOUSE CORPORATION I 2345 BROADWAY NEW YORK NY 10024 821255170 LOW INC HSG NY NA C CORP 0 0 false MILL BROOK HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 820793408 LOW INC HSG NY NA C CORP 0 0 false WEST 108TH STREET HOUSING COMPANY INC 2345 broadway new york NY 10024 825071645 LOW INC HSG NY NA C CORP 0 0 false false false false false true false false false false false false true false false true false false false SCHEDULE R PART II, III AND IV THE FILING ORGANIZATION HAS A BROTHER-SISTER RELATIONSHIP WITH ALL THE ENTITIES LISTED IN THIS SCHEDULE R WITH THE EXCEPTION OF WEST SIDE FEDERATION FOR SENIOR AND SUPPORTIVE HOUSING, INC (WSFSSH), WHICH IS ITS PARENT. SCHEDULE R, PART V Several management functions are provided by a related 501 (C)(3) not-for-profit organization, West Side Federation For Senior & Supportive Housing Inc., (WSFSSH). These functions include payroll, health, dental, life and disability insurance, and property and liability insurance. The filing organization reimburses WSFSSH for these expenses. These reimbursed expenses are reported under category "p" on Schedule R - Part V. The Property Management services provided by WSFSSH is also reported under category "m" on Schedule R- Part V. To the extent that WSFSSH is not reimbursed fully for payroll, fringe, insurance and other expenses that WSFSSH pays on behalf of the filing organization, the advance payments made by WSFSSH are considered loaned to the filing organization. These advance payments are reported under category "e" on Schedule R -Part V.