2018-05-08T11:27:18-05:00 2017-06-30 271728945 PKF O'Connor Davies LLP 665 Fifth Avenue New York NY 10022 990 2016-07-01 133535818 GEORGE DALY HOUSING DEVELOPMENT FUND COMPANY INC GEOR 2129627653 11 PARK PLACE No 1416 NEW YORK NY 10007 Linda Hoffman CEO 2129627653 2018-05-08 1 Garrett M Higgins P00543209 2122862600 2018-04-09 2016 2022-09-23 18:48:47Z Linda Hoffman 11 PARK PLACE No 1416 NEW YORK NY 10007 1882382 0 X WWW.NYFSC.ORG X 1988 NY Transitional housing and social rehabilitation service program for 88 homeless over age 45. Located at 269 East 4th Street, Manhattan. 4 3 42 4 0 0 1880816 1882382 0 0 0 0 0 0 1880816 1882382 6674 6903 0 0 1238059 1171504 0 0 0 636444 704132 1881177 1882539 -361 -157 6025525 6221421 6015191 6211244 10334 10177 TO PROVIDE TRANSITIONAL HOUSING FOR THE HOMELESS. 0 0 1882539 6903 OPERATION OF APARTMENT BUILDING TO PROVIDE TRANSITIONAL HOUSING FOR THE HOMELESS. 1882539 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 42 1 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Martha Bauer Chief Financial Officer 2129627653 11 PARK PLACE SUITE 1416 New York NY 10007 X Deborah Smith Bernstein PRESIDENT 0.20 3.20 X X 0 0 0 ELIZABETH R TOZER VICE PRESIDENT 0.20 3.40 X X 0 55500 0 JOAN FINKELSTEIN executive secretary 0.20 3.00 X X 0 0 0 ann van ness board member 0.20 3.40 X 0 0 0 LINDA HOFFMAN Chief EXECUTIVE DIRECTOR 1.00 35.00 X 16462 589930 21620 Martha Bauer chief financial officer 1.00 35.00 X 10970 232215 23950 kevin p queen vice PRESIDENT 6.00 29.00 X 54765 195569 10820 82197 1073214 56390 0 0 1 0 Allied Barton Security Services PO Box 828854 philadelphia PA 19182 security services 101821 1 1882382 1882382 1882382 0 0 0 6903 6903 72455 72455 821902 821902 2577 2577 170282 170282 104288 104288 9658 9658 2500 2500 151093 151093 3134 3134 63075 63075 148948 148948 2487 2487 37201 37201 meals and food prep 159545 159545 repairs and maintenance 115235 115235 Miscellaneous 11256 11256 1882539 1882539 0 0 96177 107337 27669 27669 86219 292051 53259 28979 5741003 0 5741002 5741003 21199 24382 6025525 6221421 80927 83797 5743516 5743516 190748 383931 6015191 6211244 X 10334 10177 10334 10177 6025525 6221421 -157 0 X X 0 1 X 1 0 X 1631855 1682601 1620524 1880816 1882382 8698178 1631855 1682601 1620524 1880816 1882382 8698178 8698178 33 3 36 8698214 1.00000 1.00000 X Schedule A, Part II, Line 10, Explanation of Other Income: MISCELLANEOUS REVENUE - 2012 Amount: $ 33. 2013 Amount: $ 3. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5741003 5741003 5741003 Payable to Affiliates 383931 383931 X 63209551 61327169 61327169 1882382 0 1882382 61444473 59561934 59561934 1882539 0 1882539 Part X, Line 2: The project recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the project had no uncertain tax positions that would require financial statement recognition. the project is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to 2014. Part XI, Line 2d - Other Adjustments: revenue attributable to consolidated entities 61,327,169. Part XII, Line 2d - Other Adjustments: expenses attributable to consolidated entities 59,561,934. 1 CLIENT STIPENDS 6 6903 Part I, Line 2: THE STIPENDS ARE RECEIVED FOR WORK PERFORMED BY RESIDENTS IN THE KITCHEN. TIMESHEETS ARE UTILIZED TO TRACK THE HOURS WORKED. X X X X X 0 0 0 0 0 0 0 0 0 LINDA HOFFMAN Chief EXECUTIVE DIRECTOR 16462 464118 0 75000 0 50812 0 0 0 21620 16462 611550 0 0 Martha Bauer chief financial officer 10970 214715 0 17500 0 0 110 2170 0 21670 11080 256055 0 0 kevin p queen vice PRESIDENT 54765 178069 0 17500 0 0 548 1906 0 8366 55313 205841 0 0 Form 990, Part VI, Section B, line 11b George Daly hdfc, 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 management and is ready to be filed with the Internal Revenue Service, it's submitted electronically to a representative member of the organization's governing body for any comments prior to its submission. The governing body is provided with one week to review the prepared Form 990 and provide their comments. Any comments are then grouped, summarized and provided to the management committee in charge of filing the return for their review. Each issue is documented and addressed until the return is finalized and approved for filing. Form 990, Part VI, Section B, line 12c George Daly hdfc, Inc. currently has in place a conflict of interest policy which it annually monitors and enforces. The board currently mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is submitted to the corporate compliance officer who reviews the signed attestations for potential or actual conflicts. If a potential or actual conflict of interest exists, the corporate compliance officer will notify a member of management or the governing body about such conflict and investigate the conflict. The results of the investigation will be summarized and documented by the corporate compliance officer and be reported to the governing body. If the corporate compliance officer establishes that an actual conflict exists, the member of management or the governing body will be notified immediately and will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time there is no longer a conflict. Form 990, Part VI, Section B, line 15 NEW YORK FOUNDATION FOR SENIOR CITIZENS, INC. HAS ESTABLISHED A WRITTEN COMPENSATION POLICY FOR THEIR COMPENSATION COMMITTEE TO FOLLOW IN ESTABLISHING THE COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS OR KEY EMPLOYEES. THE POLICY MANDATES THAT EXECUTIVE COMPENSATION BE REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE AND THAT THE COMMITTEE SHOULD BE FREE OF CONFLICTS OF INTEREST. IN ADDITION, THE APPROVING COMPENSATION COMMITTEE NEEDS TO REVIEW APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION BEING CONSIDERED. THE COMPENSATION COMMITTEE USES A VARIETY OF INFORMATION AND STUDIES THAT ARE AVAILABLE TO DETERMINE THAT THE APPROPRIATE LEVEL OF COMPENSATION IS BEING PAID TO ITS EXECUTIVES. IN JULY 2016, THE COMPENSATION COMMITTEE OF NEW YORK FOUNDATION FOR SENIOR CITIZENS, INC. ENGAGED AN OUTSIDE CONSULTING FIRM TO CONDUCT AN EXECUTIVE COMPENSATION STUDY WHICH INCLUDED A MARKET EVALUATION OF THE TOP FIVE POSITIONS WITHIN THE ORGANIZATION. THE COMPENSATION COMMITTEE'S DECISION ON THE AMOUNT OF COMPENSATION PAID IS REQUIRED TO BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT AND SHOULD DOCUMENT THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION. THE COMPENSATION REVIEW PROCESS FOR THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS OR KEY EMPLOYEES WAS LAST UNDERTAKEN IN SEPTEMBER 2017. Form 990, Part VI, Section C, line 19 George Daly HDFC, Inc. Form 990 is 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, Forms 990 and 1023 as well as the governing documents, conflict of interest policy and financial statements are available upon written request at 11 Park Place, Suite 1416, New York, NY 10007 or by calling the organization directly at (212) 962-7653. FORM 990, PART VII: EXPLANATION OF PAYMENT TO ELIZABETH F. TOZER BOARD MEMBER ELIZABETH F. TOZER RECEIVES NO COMPENSATION IN HER CAPACITY AS BOARD MEMBER AND OFFICER. SHE DOES RECEIVE COMPENSATION IN HER CAPACITY AS INTERIOR DESIGN CONSULTANT TO NYFSC, INC., A RELATED ORGANIZATION. FORM 990, PART XII, LINE 2C: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year. New York Fdtn for Senior Citizens Inc - Guardian Services 11 Park Place Suite 1416 new york NY 10007 133501671 legal guardian for adults enrolled in NYC's Human Resources Admin. Prgm. NY 501(c)(3) Line 7 new York Foundation for Senior Citizens Inc 0 1850 Second Avenue Services Corp 11 Park Place Suite 1416 new york NY 10007 133557175 subsidized housing for the low income. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 NEW YORK FOUNDATION FOR SENIOR Citizens Inc 11 Park Place Suite 1416 new york NY 10007 132618568 IMPROVE the QUALITY OF LIFE FOR the ELDERLY. NY 501(c)(3) Line 7 N/A 0 New York Fdtn for Senior Citizens - Home Attendant Svcs inc 11 Park Place Suite 1416 new york NY 10007 133083582 Long-term care Home Attendant Program for the eldery. NY 501(c)(3) Line 7 new York Foundation for Senior Citizens Inc 0 80-92 Ridge Street HDFC Inc 11 Park Place Suite 1416 New york NY 10007 133584060 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 Tenth and 51st HDFC Inc 11 Park Place Suite 1416 new york NY 10007 133270654 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 yorkville gardens hdfc inc 11 Park Place Suite 1416 new york NY 10007 133085054 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 concourse Gardens hdfc inc 11 Park Place Suite 1416 new york NY 10007 133696061 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 cumberland Gardens hdfc inc 11 Park Place Suite 1416 new york NY 10007 133907908 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 alma rangel gardens HDFC inc 11 Park Place Suite 1416 new york NY 10007 134066940 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 river view gardens hdfc inc 11 Park Place Suite 1416 new york NY 10007 133995933 subsidized housing for the elderly. NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 surf Gardens HDFC Inc 11 Park Place Suite 1416 new york NY 10007 205437122 subsidized housing for the elderly NY 501(c)(3) Line 10 new York Foundation for Senior Citizens Inc 0 Surf gardens Coney Island LP 11 park place rm 1416 new york NY 10007 262956023 Low Income Housing for the elderly NY surf gardens gp inc n/a 0 0 Surf Gardens GP inc 11 park place rm 1416 new york NY 10007 262956084 Real estate NY new york foundation for senior citizens inc C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0