2020-08-08T12:33:03-05:00 2020-03-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2019-04-01 161594409 LORETTO OBRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC LORE 3154241821 990 JAMES STREET SYRACUSE NY 13203 KIMBERLY TOWNSEND CHAIRPERSON 3154241821 2020-07-10 1 DAVID J DE SILVA P00005255 3154719171 208.125.54.67 2020-07-10 16:48:04 ED P C087739FAAF2836189FF4B163CC5B30A96832739 63D6A0FD55796D45BF16E45DDF0B109ECE1767C7 2019 2020-09-22 18:59:49Z KIMBERLY TOWNSEND 700 E BRIGHTON AVE SYRACUSE NY 13205 231661 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 2006 NY LOW-INCOME HOUSING PROJECT 5 5 1 0 0 0 0 0 219787 228263 10 10 2248 3388 222045 231661 0 0 0 0 42343 43377 0 0 0 292283 283833 334626 327210 -112581 -95549 3213122 3115230 15517 13174 3197605 3102056 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 276196 228263 OPERATION OF A 39-UNIT IS SUBJECT TO A REGULATORY AGREEMENT FOR NONPROFIT AND PUBLIC MORTGAGES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 276196 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 7 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 228263 228263 228263 10 10 LAUNDRY & VENDING 812300 2878 2878 TENANT CHARGES 811000 440 440 MISCELLANEOUS 900099 70 70 3388 231661 228263 0 3398 34673 34673 5238 5238 3466 3466 21042 21042 12057 12057 305 305 21378 8047 13331 13770 13770 240 240 112839 112839 15137 15137 EQUIPMENT RENTAL & MAIN 51891 51891 MISC TAX; LIC; PERM; IN 13406 13406 SNOW REMOVAL 10207 10207 TRASH REMOVAL 4954 4954 6607 2568 4039 327210 276196 51014 0 3204 2550 910 1273 19639 20006 4307627 1325262 3081794 2982365 107575 109036 3213122 3115230 2514 2428 13003 10746 15517 13174 X -863688 -683131 4061293 3785187 3197605 3102056 3213122 3115230 -95549 0 X 0 1 X 0 1 1 X 197041 216701 223201 219787 228263 1084993 197041 216701 223201 219787 228263 1084993 0 0 0 1084993 12 11 10 10 10 53 12 11 10 10 10 53 2395 2115 2250 2248 3388 12396 199448 218827 225461 222045 231661 1097442 0.98870 0.99000 0.00000 0.00010 X 99480 99480 3851156 1058487 2792669 83469 83469 0 273522 183306 90216 2982365 TENANT SECURITY DEPOSITS 10746 10746 X 231661 0 231661 0 231661 327210 0 327210 0 327210 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.