2018-08-21T10:16:04-05:00 2017-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2017-01-01 132617705 WESTCHESTER RESIDENTIAL OPPORTUNITIES INC WEST 9144284507 470 MAMARONECK AVENUE NO 410 WHITE PLAINS NY 10605 GEOFFREY ANDERSON EXECUTIVE DIRECTOR 9144284507 2018-08-21 1 GARRETT M HIGGINS P00543209 9143818900 2018-08-20 2017 2022-09-23 18:48:47Z GEOFFREY ANDERSON 470 MAMARONECK AVENUE NO 410 WHITE PLAINS NY 10605 2509014 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 64 20 0 0 2027108 2298249 325314 193831 3 13 0 10927 2352425 2503020 0 723249 0 0 1251566 1285004 0 4000 19397 1071858 465873 2323424 2478126 29001 24894 1852005 1834134 360185 317420 1491820 1516714 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 THE MENTALLY ILL. WESTCHESTER RESIDENTIAL OPPORTUNITIES MAINTAINS A REAL ESTATE LICENSE AND FOCUSES ITS EFFORTS ON PROMOTING HOUSING MOBILITY AND STABILITY FOR MINORITIES, AND LOW AND MODERATE INCOME GROUPS. 0 0 1152177 390362 117638 INDEPENDENT LIVING PROGRAMTHE INDEPENDENT LIVING PROGRAM CONSISTS OF OUR SUPPORTED HOUSING APARTMENT PROGRAM AND THE SINGLE ROOM OCCUPANCY PROGRAM. THE SUPPORTED HOUSING PROGRAM PROVIDES INDIVIDUALIZED HOUSING-RELATED CASE MANAGEMENT SERVICES AND RENTAL ASSISTANCE TO 42 ADULTS RECOVERING FROM SERIOUS MENTAL ILLNESS, WHO WISH TO OBTAIN PERMANENT, AFFORDABLE, INDEPENDENT HOUSING. THE 9 BED SINGLE ROOM OCCUPANCY PROGRAM, PROVIDES SUPPORTIVE SERVICES AND SUPERVISION TO 9 ADULTS RESIDING IN THE PROGRAM, 24 HOURS PER DAY, 365 DAYS PER YEAR. THIS PROGRAM IS STAFFED AROUND THE CLOCK TO ENSURE THAT ALL RESIDENTS ARE SAFE AND RECEIVE APPROPRIATE SUPPORTIVE SERVICES AND ASSISTANCE AS NECESSARY. 599342 48393 FAIR HOUSING PROGRAMFAIR HOUSING WORKS TO ELIMINATE DISCRIMINATION IN THE HOUSING AND LENDING MARKETS THROUGH THE HANDLING OF COMPLAINTS, PAIRED TESTING, 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. IN 2017, 700 FAMILIES AND INDIVIDUALS WERE ASSISTED WITH FAIR HOUSING COMPLAINTS, AND OVER 2,400 REAL ESTATE PROFESSIONALS WERE TRAINED IN OUR FAIR HOUSING WORKSHOPS. 332887 332887 27800 FORECLOSURE PREVENTION WRO ASSISTS HOMEOWNERS WHO ARE EXPERIENCING TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, SUCH AS FOR ILLNESS, CAUSING NONPAYMENT OF THE MORTGAGE. WRO WORKS WITH HOMEOWNERS AND THE LENDER FOR POSSIBLE OPTIONS AVAILABLE TO RESOLVE FINANCIAL HARDSHIPS THEY ARE FACING SO THEY DON'T GO INTO FORECLOSURE. MORTGAGE ASSISTANCE PROGRAM (MAP) IS OUR NEWLY LAUNCHED ASSISTANCE, 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 2017 THE PROGRAM SERVED 224 HOUSEHOLDS. 2084406 1 1 0 0 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 0 0 0 1 1 0 64 1 0 0 0 0 0 1 1 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 GEOFFREY ANDERSON 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 JOY R BORGOS BOARD MEMBER (THRU DEC. 2017) 1.00 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 BOARD MEMBER 1.00 X 0 0 0 IAN TEIXEIRA BOARD MEMBER (THRU DEC. 2017) 1.00 X 0 0 0 WENDY MARIE WEATHERS ESQ BOARD MEMBER 1.00 X 0 0 0 GEOFFREY ANDERSON EXECUTIVE DIRECTOR 34.00 1.00 X 107620 0 7833 107620 0 7833 1 0 0 0 0 17210 2056362 224677 2298249 RENTAL INCOME 532000 117638 117638 PROGRAM FEES 900099 48393 48393 SETTLEMENT INCOME 532000 27800 27800 193831 13 13 3240 17210 5994 -2754 -2754 MISC. INCOME 900099 13681 13681 13681 2503020 193831 0 10940 723249 723249 115453 93758 21115 580 950667 771236 174673 4758 112985 90668 21635 682 105899 89548 15874 477 7249 2747 4502 15875 6015 9860 4000 4000 98735 37410 61325 27306 26021 1285 92292 68231 20691 3370 37713 21583 15221 909 92446 73476 14349 4621 38405 29838 8567 7517 7517 26127 20901 5226 REPAIRS AND MAINTENANCE 21303 21303 EMPLOYEE TRAINING 905 905 2478126 2084406 374323 19397 534855 429328 36379 36392 602582 655452 4760 18276 309879 169075 142194 140804 531235 553882 1852005 1834134 57365 42529 302820 274891 360185 317420 X 1490699 1515593 1121 1121 1491820 1516714 1852005 1834134 24894 0 X X 0 1 X 1 0 X 2325308 2182850 2129915 2027108 2298249 10963430 2325308 2182850 2129915 2027108 2298249 10963430 10963430 24 6 4 3 13 50 1954 1954 13681 13681 10979115 1000663 0.99860 0.99980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2017 AMOUNT: $ 13,681. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100000 100000 5001 5001 0 197923 162915 35008 6955 1159 5796 140804 DUE FROM RELATED PARTY 542060 SECURITY DEPOSITS 11822 553882 X 2529771 26751 26751 2503020 0 2503020 2502120 23994 23994 2478126 0 2478126 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, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED REVENUE INCLUDED ON RELATED ORGANIZATION'S FORM 990 20,757. SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 5,994. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED EXPENSES INCLUDED ON RELATED ORGANIZATION'S FORM 990 18,000. SPECIAL EVENT EXPENSES REPORTED ON PART VIII, LINE 8B 5,994. SPRING DINNER 20450 17210 3240 3936 2058 20450 17210 3240 3936 2058 5994 -2754 1 RENTAL AND MORTGAGE ASSISTANCE 224 723249 PART I, LINE 2: WRO ASSISTS HOMEOWNERS WHO ARE EXPERIENCING TEMPORARY INTERRUPTIONS IN INCOME OR FINANCIAL HARDSHIP, SUCH AS FOR ILLNESS, CAUSING NONPAYMENT OF THE MORTGAGE. WRO WORKS WITH HOMEOWNERS AND THE LENDER FOR POSSIBLE OPTIONS AVAILABLE TO RESOLVE FINANCIAL HARDSHIPS THEY ARE FACING SO THEY DON'T GO INTO FORECLOSURE. IN OUR MORTGAGE ASSISTANCE PROGRAM (MAP) WE 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. HOMEOWNERS AND RENTERS FILL OUT AN APPLICATION. EACH APPLICANT MUST BE AT "IMMINENT RISK" OF LOSING THEIR 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 THE LENDER OR LANDLORD ON BEHALF OF THE APPLICANT. 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 FINANCE COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE 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 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