2019-11-14T15:49:15-06:00 2018-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2018-01-01 132617705 WESTCHESTER RESIDENTIAL OPPORTUNITIES INC WEST 9144284507 470 MAMARONECK AVENUE NO 410 WHITE PLAINS NY 10605 MARLENE ZARFES EXECUTIVE DIRECTOR 9144284507 2019-11-14 1 GARRETT M HIGGINS P00543209 9143818900 2019-11-12 65.51.112.58 2019-11-14 15:49:12 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2018 2020-03-31 21:24:44Z MARLENE ZARFES 470 MAMARONECK AVENUE NO 410 WHITE PLAINS NY 10605 2737663 0 X WWW.WROINC.ORG X 1968 NY WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. (WRO) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE EQUAL, AFFORDABLE, AND ACCESSIBLE HOUSING OPPORTUNITIES FOR ALL RESIDENTS OF OUR REGION. 16 16 59 16 0 0 2298249 2503679 193831 209781 13 110 10927 -45184 2503020 2668386 723249 800497 0 0 1285004 1328681 4000 0 47783 465873 453856 2478126 2583034 24894 85352 1834134 1747149 317420 292606 1516714 1454543 X WESTCHESTER RESIDENTIAL OPPORTUNTIES IS A HUD-CERTIFIED HOUSING COUNSELING AGENCY WITH SPECIALIZED PROGRAMS TO COMBAT HOUSING DISCRIMINATION, AND TO ASSIST FIRST TIME HOMEBUYERS, THE ELDERLY AND THOSE FACING EVICTION OR MORTGAGE DEFAULT. ADDITIONALLY, WESTCHESTER RESIDENTIAL OPPORTUNITIES PROVIDES HOUSING AND CASE MANAGEMENT FOR PEOPLE WITH MENTAL ILLNESS. WESTCHESTER RESIDENTIAL OPPORTUNITIES PROMOTES HOUSING MOBILITY AND STABILITY FOR MINORITIES, AND LOW AND MODERATE INCOME GROUPS. 1 0 1053788 654607 99091 INDEPENDENT LIVING PROGRAMTHE INDEPENDENT LIVING PROGRAM CONSISTS OF OUR SUPPORTED HOUSING APARTMENT PROGRAM AND OUR SINGLE ROOM OCCUPANCY PROGRAM. THE SUPPORTED HOUSING PROGRAM PROVIDES INDIVIDUALIZED HOUSING-RELATED CASE MANAGEMENT SERVICES AND RENTAL ASSISTANCE TO 42 ADULTS LIVING WITH SERIOUS MENTAL ILLNESS, WHO WISH TO OBTAIN PERMANENT, AFFORDABLE, INDEPENDENT HOUSING. THE SINGLE ROOM OCCUPANCY PROGRAM, PROVIDES HOUSING AND SUPPORTIVE SERVICES AND SUPERVISION TO 9 ADULTS RESIDING IN OUR 9 BEDROOM SRO. THIS PROGRAM IS STAFFED 24 HOURS PER DAY, 365 DAYS PER YEAR TO ENSURE THAT ALL RESIDENTS ARE SAFE AND RECEIVE APPROPRIATE SUPPORTIVE SERVICES AND ASSISTANCE AS NECESSARY. 533512 97625 FAIR HOUSING PROGRAMWRO'S FAIR HOUSING PROGRAM WORKS TO ELIMINATE DISCRIMINATION IN THE HOUSING AND LENDING MARKETS THROUGH THE RESOLUTION OF COMPLAINTS, SYSTEMIC AND COMPLAINT-BASED TESTING AND OTHER INVESTIGATIONS, ACCESSIBILITY SURVEYS TO PROMOTE HOUSING ACCESS FOR PERSONS WITH DISABILITIES, EDUCATION AND OUTREACH FOR CONSUMERS, CIVIC AND BUSINESS ORGANIZATIONS AND OTHER HOUSING AGENCIES, THE TRAINING OF REAL ESTATE PROFESSIONALS, AND THE TRAINING OF CO-OP BOARDS AND MANAGEMENT COMPANIES. IN 2018, APPROXIMATELY 150 FAMILIES AND INDIVIDUALS WERE ASSISTED WITH FAIR HOUSING COMPLAINTS, AND HUNDREDS OF REAL ESTATE PROFESSIONALS WERE TRAINED IN OUR FAIR HOUSING WORKSHOPS. 325205 145890 0 EVICTION PREVENTION & RENTAL ASSISTANCE PROGRAMWRO ASSISTS QUALIFIED HOUSEHOLDS FACING RENTAL AND/OR UTILITY ARREARS, BY PROVIDING FINANCIAL ASSISTANCE GRANTS AGAINST THOSE ARREARS. WRO ALSO WORKS WITH HOUSEHOLDS LOOKING TO SECURE RENTAL HOUSING BY PROVIDING FINANCIAL ASSISTANCE GRANTS FOR SECURITY DEPOSITS, MOVING EXPENSES, FIRST MONTH'S RENT, ETC. IN 2018 THE PROGRAM SERVED APPROXIMATELY 94 HOUSEHOLDS, HELPING THEM TO REMAIN IN THEIR HOMES AND AVOIDING UTILITY SHUT OFF. 401913 13065 HOME OWNERSHIP PROGRAMWRO PROVIDES ASSISTANCE TO QUALIFIED HOUSEHOLDS IN TWO AREAS: (A) FIRST-TIME HOME BUYING (PROVIDING EDUCATION AND COUNSELING PROGRAMS IN SPANISH AND ENGLISH ON THE HOME BUYING PROCESS, FACILITATING ACCESS TO VARIOUS DOWN-PAYMENT AND CLOSING COST ASSISTANCE PROGRAMS), AND (B) MORTGAGE FORECLOSURE PREVENTION (ASSISTING HOMEOWNERS WHO ARE FACING FORECLOSURE DUE TO TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, INCLUDING EXPLORING POSSIBLE OPTIONS AVAILABLE WITH THEIR LENDER). SENIOR HOUSING PROGRAM ASSISTING THE ELDERLY IN ACCESSING AVAILABLE AFFORDABLE HOUSING, HOUSING SUBSIDIES AND ACCESSIBILITY MODIFICATIONS 401913 13065 2314418 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 2 0 59 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X MARLENE ZARFES 9144284507 470 MAMARONECK AVENUE NO 410 WHITE PLAINS NY 10605 GRETCHEN FLINT ESQ CO-CHAIR 1.00 X X 0 0 0 LEAH CARO CO-CHAIR 1.00 X X 0 0 0 NICK BEILENSON FOUNDER 1.00 2.00 X X 0 0 0 ALAN R WOLFERT ESQ SECRETARY 1.00 2.00 X X 0 0 0 DEBRA BUDETTI ASSISTANT SECRETARY 1.00 X X 0 0 0 HENRY J CARNAGE TREASURER 1.00 2.00 X X 0 0 0 LAURENCE BEILENSON ASSISTANT TREASURER 1.00 X X 0 0 0 JOSEPH A DISALVO ESQ BOARD MEMBER 1.00 X 0 0 0 LINDA M GRACE-HEYWARD BOARD MEMBER 1.00 X 0 0 0 JAMES L HYER ESQ BOARD MEMBER 1.00 X 0 0 0 BARRY KRAMER BOARD MEMBER 1.00 X 0 0 0 JODEE MACDONALD BOARD MEMBER 1.00 X 0 0 0 DAVID MOORE BOARD MEMBER 1.00 X 0 0 0 DENNIS D PARKER ESQ BOARD MEMBER 1.00 X 0 0 0 THOMAS RICE ESQ BOARD MEMBER 1.00 X 0 0 0 WENDY MARIE WEATHERS ESQ BOARD MEMBER 1.00 X 0 0 0 GEOFFREY ANDERSON EXECUTIVE DIRECTOR THRU NOV. 2018 34.00 1.00 X 98358 0 9382 MARLENE ZARFES EXECUTIVE DIRECTOR AS OF DEC. 2018 34.00 1.00 X 89163 0 10235 187521 0 19617 0 0 0 0 0 204601 2210319 88759 2503679 RENTAL INCOME 532000 99091 99091 SETTLEMENT INCOME 532000 97625 97625 PROGRAM FEES 900099 13065 13065 209781 110 110 17472 204601 69277 -51805 -51805 MISC. INCOME 900099 6621 6621 6621 2668386 209781 0 -45074 800497 800497 207139 193210 12886 1043 898481 838201 55783 4497 122142 117445 3939 758 100919 90297 10197 425 17851 5632 8046 4173 1055 1055 102715 32406 46297 24012 6285 6285 84926 65575 16082 3269 38056 22294 11263 4499 84471 50305 29059 5107 39178 27338 11840 16698 16698 41991 26550 15441 REPAIRS AND MAINTENANCE 20630 20630 2583034 2314418 220833 47783 429328 204763 36392 36455 655452 777832 18276 257841 126235 140804 131606 553882 596493 1834134 1747149 42529 19719 274891 272887 317420 292606 X 1515593 1330543 1121 124000 1516714 1454543 1834134 1747149 X 85352 -147523 X X 0 1 X 1 0 X 2182850 2129915 1927285 2250549 2503679 10994278 2182850 2129915 1927285 2250549 2503679 10994278 10994278 6 4 3 13 110 136 1954 1954 13681 6621 20302 11016670 1122520 0.99800 0.99860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2017 AMOUNT: $ 13,681. 2018 AMOUNT: $ 6,621. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 1 1055 0 1055 0 PART II-B, LINE 1: THE ORGANIZATIONS LOBBYING EXPENSES ARE RELATED TO INVOLVEMENT IN FAIR HOUSING RALLIES IN ALBANY, NY. 100000 100000 150886 122758 28128 6955 3477 3478 131606 DUE FROM RELATED PARTY 584670 SECURITY DEPOSITS 11823 596493 X 2771443 103057 103057 2668386 0 2668386 2696394 113360 113360 2583034 0 2583034 PART X, LINE 2: 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 THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED REVENUE INCLUDED ON RELATED ORGANIZATION'S FORM 990 33,780. SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 69,277. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED EXPENSES INCLUDED ON RELATED ORGANIZATION'S FORM 990 44,083. SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 69,277. 50TH ANNIVERSARY GALA 222073 204601 17472 19773 49504 222073 204601 17472 19773 49504 69277 -51805 1 RENTAL AND MORTGAGE ASSISTANCE 163 800497 PART I, LINE 2: WRO ASSISTS RENTERS & HOMEOWNERS WHO ARE EXPERIENCING TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, SUCH AS FOR ILLNESS OR UNEMPLOYMENT, CAUSING NONPAYMENT OF THEIR RENT, MORTGAGE, AND UTILITIES. WRO WORKS WITH RENTERS, HOMEOWNERS, LANDLORDS, LENDERS AND UTILITY COMPANIES FOR POSSIBLE OPTIONS AVAILABLE TO RESOLVE FINANCIAL HARDSHIPS THEY ARE FACING SO THEY DON'T GO INTO EVICTION PROCEEDINGS, FORECLOSURES AND UTILITY SHUT OFF. IN 2018 WE SERVED 94 HOUSEHOLDS. MORTGAGE ASSISTANCE PROGRAM (MAP) IS A PROGRAM FUNDED BY NYS, TO HELP KEEP NEW YORKERS IN THEIR HOMES BY MAKING MORTGAGE LOANS UP TO $40,000 TO HOMEOWNERS WHO ARE AT RISK OF FORECLOSURE AND ARE UNABLE TO GET ANY ASSISTANCE FROM OTHER FORECLOSURE PREVENTION PROGRAMS. IN 2018 THE PROGRAM SERVED 63 HOUSEHOLDS. RENTERS AND HOMEOWNERS FILL OUT AN APPLICATION AND EACH APPLICANT MUST BE AT "IMMINENT RISK" OF LOSING THEIR APARTMENT/HOME AND MUST PROVIDE PROOF OF HARDSHIP. THE APPLICANTS MUST EARN AT LEAST 60% OF THEIR AREA MEDIAN INCOME AND MUST PROVIDE PROOF OF THE ABILITY TO PAY FUTURE MONTHS' RENT IF ASSISTED. IF CHOSEN, WRO WRITES A CHECK DIRECTLY TO LANDLORD, LENDER OR UTILITY PROVIDER. FORM 990, PART III, LINE 2 DURING 2018, THE ORGANIZATION IMPLEMENTED THE HOME OWNERSHIP PROGRAM. FORM 990, PART VI, SECTION A, LINE 2 NICK BEILENSON AND LAURENCE BEILENSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B WESTCHESTER RESIDENTIAL OPPORTUNITIES, INC. 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 THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD. ONCE THE EXECUTIVE COMMITTEE, ON BEHALF OF THE BOARD, HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND OFFICERS SHALL DISCLOSE ANY RELEVANT INTEREST OF AN INTERESTED PARTY OR RELATED PARTY AS THEY RELATE TO SUCH DIRECTOR OR OFFICER WHICH MAY POSE A POTENTIAL CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OCCURS, THE DIRECTOR OR OFFICER TO WHOM THE POTENTIAL CONFLICT OF INTEREST RELATES MAY OFFER FACTUAL INFORMATION TO THE BOARD OR COMMITTEE; BUT NO SUCH DIRECTOR OR OFFICER SHALL VOTE ON SUCH MATTER. THE EVENT SHALL BE RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD OR COMMITTEE. DISCLOSURE STATEMENTS ARE REVIEWED AND SIGNED OFF ON ANNUALLY BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE SHALL (1) PREPARE AND, FROM TIME TO TIME WITH THE PARTICIPATION OF THE EXECUTIVE DIRECTOR, UPDATE THE JOB DESCRIPTION OF THE EXECUTIVE DIRECTOR; (2) MEET WITH THE EXECUTIVE DIRECTOR PRIOR TO THE YEAR THAT THE EXECUTIVE DIRECTOR'S JOB PERFORMANCE WILL BE EVALUATED AND ESTABLISH FINANCIAL, PROGRAMMATIC AND OPERATIONAL GOALS TO BE MET BY THE EXECUTIVE DIRECTOR DURING THE EVALUATION YEAR, AND (3) WITHIN 45 DAYS AFTER THE END OF THE EVALUATION YEAR, MAKE RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE REGARDING THE PERFORMANCE OF THE EXECUTIVE DIRECTOR DURING THE EVALUATION YEAR AND ANY PROPOSED CHANGE TO THE EXECUTIVE DIRECTOR'S COMPENSATION. THE PERSONNEL COMMITTEE SHALL BE COMPRISED OF ONLY THOSE MEMBERS OF THE BOARD OF DIRECTORS WHO HAVE NO CONFLICT OF INTEREST. THE PERSONNEL COMMITTEE'S CONCLUSIONS REGARDING THE EXECUTIVE DIRECTOR'S PERFORMANCE DURING THE EVALUATION YEAR SHALL BE BASED ON WHETHER AND TO WHAT EXTENT THE EXECUTIVE DIRECTOR (A) MET OR EXCEEDED THE OBLIGATIONS ESTABLISHED IN THE JOB DESCRIPTION AND (B) MET OR EXCEEDED THE GOALS. WHETHER THERE SHALL BE A CHANGE IN THE EXECUTIVE DIRECTOR'S COMPENSATION SHALL BE REVIEWED WITH THE FINANCE COMMITTEE BASED ON HIS/HER PERFORMANCE EVALUATION, AVAILABILITY OF FUNDS AND REASONABLY AVAILABLE INFORMATION REGARDING COMPENSATION PAID BY AT LEAST THREE COMPARABLE ORGANIZATIONS IN THE SAME OR SIMILAR COMMUNITIES FOR SIMILAR POSITIONS INVOLVING SIMILAR SERVICES. WHERE PRACTICABLE, SUCH INFORMATION SHOULD INCLUDE (1) DOCUMENTED TELEPHONE INQUIRIES ABOUT SIMILAR POSITIONS IN NON-PROFIT AND FOR-PROFIT ORGANIZATIONS, (2) WRITTEN JOB OFFERS AT SIMILAR ORGANIZATIONS, (3) INFORMATION FROM THE FORM 990 FILINGS OF OTHER NON-PROFIT ORGANIZATIONS, (4) STUDIES BY INDEPENDENT COMPENSATION EXPERTS, AND/OR (5) INFORMATION AVAILABLE FROM RELIABLE, INDEPENDENT ORGANIZATIONS THAT GATHER AND PROVIDE THIS TYPE OF INFORMATION. THE PERSONNEL COMMITTEE SHALL DOCUMENT, IN THE MINUTES OF ITS PROCEEDINGS, THE REASONS SUPPORTING ITS RECOMMENDATIONS. 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 AT 470 MAMARONECK AVENUE, SUITE 410, WHITE PLAINS, NY 10605 OR BY CALLING THE ORGANIZATION DIRECTLY AT (914) 428-4507. FORM 990, PART XI, LINE 9: REFUNDABLE ADVANCE -147,523. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BIRNAM WOOD ASSOCIATES LTD 470 MAMARONECK AVENUE WHITE PLAINS NY 10605 133756602 PROVIDE HOUSING AND SERVICES TO LOW INCOME MENTALLY ILL INDIVIDUALS NY 501(C)(3) LINE 10 WESTCHESTER RESIDENTIAL OPPORTUNITIES INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 BIRNAM WOOD ASSOCIATES LTD Q 584670 COST