2018-08-02T10:09:51-05:00 2017-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2017-01-01 133104688 NEW YORK CITY HISTORIC PROPERTIES FUND INC NEWY 2129955260 ONE WHITEHALL STREET 21ST FLOOR NEW YORK NY 10004 BARRIE RINGELHEIM PRESIDENT 2129955260 2018-08-02 1 GARRETT M HIGGINS P00543209 2122862600 2018-07-30 2017 2022-09-23 18:48:47Z BARRIE RINGELHEIM ONE WHITEHALL STREET 21ST FLOOR NEW YORK NY 10004 484918 0 X N/A X 1981 NY NEW YORK CITY HISTORIC PROPERTIES FUND, INC. (THE "FUND")(SEE SCHEDULE O FOR CONTINUATION)FINANCES THE RESTORATION OF HISTORIC BUILDINGS INCLUDING COOPERATIVES, NON-PROFIT ORGANIZATIONS,COMMERCIAL BUILDINGS, RELIGIOUS PROPERTIES AND PRIVATE RESIDENTIAL STRUCTURES THROUGHOUT NEW YORK CITY. 7 7 0 7 0 0 310663 276477 226996 188151 8638 19190 1692 1100 547989 484918 5458 4542 0 0 0 0 0 0 0 446299 451172 451757 455714 96232 29204 9481255 9523476 342542 127150 9138713 9396326 THE PRIMARY FUNCTION OF THE FUND IS TO PROVIDE FINANCIAL ASSISTANCE TO OWNERS OF LANDMARK PROPERTIES IN THE FIVE BOROUGHS OF THE CITY OF NEW YORK TO ENSURE THE LONG-TERM PRESERVATION OF HISTORIC PROPERTIES. 0 0 336364 4542 188151 THE FUND PROVIDES LOAN FINANCING AND PROJECT MANAGEMENT ASSISTANCE FOR PRESERVING PROPERTIES WITH HISTORIC VALUE IN NEW YORK. THE FUND ADVANCED OVER $500,000 IN 2017 FOR PROJECTS IN BROOKLYN, QUEENS AND STATEN ISLAND. 336364 1 1 0 0 0 0 0 0 0 0 0 0 1 1 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 6 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X MARK WEBER FUND DIRECTOR 2129955260 ONE WHITEHALL STREET NEW YORK NY 10004 X BARRIE RINGELHEIM PRESIDENT 2.00 X X 0 0 0 STEPHANIE PINCUS MD TREASURER 2.00 X X 0 0 0 PAGE AYRES COWLEY SECRETARY 2.00 X X 0 0 0 SARAH CARROLL BOARD MEMBER 1.00 X 0 0 0 JOHN P DARBY BOARD MEMBER 2.00 X 0 0 0 VIKRAM VISWANATHAN BOARD MEMBER 1.00 X 0 0 0 ALEXIS WHEELER BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 NEW YORK LANDMARKS CONSERVANCY INC 1 WHITEHALL STREET SUITE 21 NEW YORK NY 10004 MANAGEMENT SERVICES 409277 1 173529 102948 276477 PROGRAM LOANS INTEREST 900099 188151 188151 188151 19190 19190 APPLICATION FEE 900099 1100 1100 1100 484918 188151 0 20290 4542 4542 409277 307056 102221 14222 14222 12500 12500 2730 2730 4496 4496 1042 1042 1017 1017 71 71 815 815 3814 3814 FILING FEES 1188 1188 455714 336364 119350 0 86839 123021 2370094 2679556 78000 80323 4220746 3684969 2725576 2955607 9481255 9523476 8010 0 285002 78482 49530 48668 342542 127150 X 6416451 6447409 2722262 2948917 9138713 9396326 9481255 9523476 X 29204 228409 X X 0 1 X 0 0 X 299660 325697 307070 310663 276477 1519567 299660 325697 307070 310663 276477 1519567 89963 1429604 9809 8929 8194 8638 19190 54760 620 795 522 1692 1100 4729 1579056 1016691 0.90540 0.89790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: APPLICATION FEE - 2013 AMOUNT: $ 620. 2014 AMOUNT: $ 795. 2015 AMOUNT: $ 430. 2016 AMOUNT: $ 545. 2017 AMOUNT: $ 1,100. LATE PAYMENT FEE - 2015 AMOUNT: $ 92. 2016 AMOUNT: $ 1,147. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS TO LANDMARK PROPERTIES 3684969 F 3684969 APC CONTRACT RECEIVABLE 2948917 INTEREST RECEIVABLE 6690 2955607 DUE TO NEW YORK LANDMARKS CONSERVANCY, INC. 36228 DEFERRED INTEREST INCOME 12440 48668 X 492783 7865 7865 484918 0 484918 463579 7865 7865 455714 0 455714 PART X, LINE 2: THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FUND IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2014. FORM 990, PART VI, SECTION A, LINE 3 NEW YORK LANDMARKS CONSERVANCY, INC. (NYLC) RENDERS MANAGEMENT SERVICES, PURSUANT TO A MANAGEMENT CONTRACT ("CONTRACT"), TO THE NEW YORK CITY HISTORIC PROPERTIES FUND (NYCHPF) ON A DAY-TO DAY BASIS, AND, AS DIRECTED, ADMINISTERS THE PROGRAMS AND FINANCES OF NYCHPF. NYLC, SUBJECT TO THE TERMS OF THE CONTRACT, PROVIDES THE FOLLOWING SERVICES: 1) COMPILE, ANALYZE AND MAINTAIN INFORMATION REGARDING REQUESTS FOR FINANCIAL ASSISTANCE FROM NYCHPF BY OWNERS OF HISTORICALLY OR ARCHITECTURALLY SIGNIFICANT PROPERTIES, 2) ADVISE SUCH OWNERS WITH RESPECT TO ACQUISITION OF FINANCIAL ASSISTANCE FROM NYCHPF AND OTHER SOURCES OF HISTORIC PRESERVATION FUNDING, 3) SERVE AS NYCHPF'S STAFF FOR PROCESSING, MAKING AND SERVICING LOANS IN ACCORDANCE WITH REQUIREMENTS ESTABLISHED BY THE BOARD, AND 4) PROVIDE SUCH OTHER SERVICES AS THE CONTRACT SPECIFIES. NYLC'S ACTIVITIES UNDER THE CONTRACT ARE AT ALL TIMES, SUBJECT TO THE REVIEW, DIRECTION AND CONTROL OF THE BOARD OF NYCHPF. FORM 990, PART VI, SECTION A, LINE 4 THE AMENDED BY-LAWS WERE ADOPTED BY THE BOARD OF DIRECTORS IN MARCH 2017. CHANGES MADE TO THE AMENDED BY-LAWS, INCLUDED THE FOLLOWING PRINCIPAL REVISIONS, IN ADDITION TO OTHER SMALLER CHANGES: 1) A PROVISION PERMITTING AN EMPLOYEE OF THE FUND TO SERVE AS BOARD CHAIR SO LONG AS SUCH SERVICE IS APPROVED BY THE BOARD BY A TWO-THIRDS VOTE OF THE ENTIRE BOARD AND THE BASIS FOR THE BOARD'S APPROVAL IS CONTEMPORANEOUSLY DOCUMENTED IN WRITING. 2) A PROVISION TO CLARIFY THAT A VACANCY IN ANY OFFICER POSITION MAY BE FILLED AT ANY MEETING OF THE BOARD, WHETHER ANNUAL, REGULAR OR SPECIAL, OR BY UNANIMOUS CONSENT OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE CURRENTLY NO COMMITTEES THAT IS MADE UP OF THE BOARD MEMBERS. THE CURRENT BOARD OVERSEES ALL AREAS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FUND HAS ITS FORM 990 PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE: WHEN A DRAFT OF THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT (INCLUDING THE FUND DIRECTOR AND PROGRAM COORDINATOR) AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS SUBMITTED ELECTRONICALLY TO MEMBERS 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. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FUND HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL BOARD MEMBERS, OFFICERS, AND KEY PERSONS (IF ANY) MUST ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT TO ASCERTAIN IF ANY NEW CONFLICTS OF INTEREST HAVE OCCURRED OR WILL ARISE DURING THE YEAR; IN THE EVENT OF A CONFLICT OF INTEREST, THE CONFLICTED MEMBER MUST IMMEDIATELY DISCLOSE THE EXISTENCE AND MATERIALITY OF ANY CONFLICTS TO THE BOARD. A CONFLICTED MEMBER SHALL NOT VOTE ON THE MATTER AND SHALL REFRAIN FROM IMPROPERLY INFLUENCING THE DELIBERATION. THE MINUTES OF THE MEETING SHALL REFLECT THE MAKING OF THE DISCLOSURE, THE ABSTENTION FROM VOTING, AND WHETHER THE DIRECTOR OR MEMBER WAS PRESENT OR ABSENT WHEN THE MATTER WAS CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 THE FUND 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. FORM 990 IS ALSO AVAILABLE AT THE NEW YORK STATE OFFICE OF ATTORNEY GENERAL. IN ADDITION, FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST AT ONE WHITEHALL STREET, NEW YORK, NY 10004 OR BY CALLING THE ORGANIZATION DIRECTLY AT (212) 995-5260. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF APC CONTRACT RECEIVABLE 226,655. LOAN DISCOUNT AMORTIZATION 1,754. FORM 990, PART XII, LINE 2C: THE FUND'S FULL BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS.