2018-04-10T10:20:34-05:00 2017-11-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2016-12-01 222418269 SCOTIA COMMITTEE HOUSING DEVELOPMENT FUND CO INC SCOT 5183747407 201 FIFTH ST SCOTIA NY 12302 RONALD PINKERTON PRESIDENT 5183747407 2018-03-30 1 WILLIAM M KAHN P00543542 5184493166 209.99.101.4 2018-03-30 09:38:32 ED P 42D07B8F12813DA55A95FBF4818A4CDC312C2CAB A8B4ED36775A05D55FB5FD4A527F27E39275F8D3 2016 2021-01-29 14:40:06Z HOLYROOD HOUSE RONALD PINKERTON 201 FIFTH ST SCOTIA NY 12302 903499 0 X N/A X 1994 NY SCOTIA COMMITTEE HOUSING DEVELOPMENT FUND CO., INC. OPERATES UNDER NEW YORK STATE LAW TO OWN A 96 UNIT LOW INCOME AND ELDERLY HOUSING PROJECT LOCATED IN SCOTIA, NEW YORK. 10 10 0 0 0 0 0 0 840899 874320 27603 29179 0 0 868502 903499 0 0 0 0 185507 193181 0 0 0 431332 416684 616839 609865 251663 293634 5035914 5344136 58598 73186 4977316 5270950 SCOTIA COMMITTEE HOUSING DEVELOPMENT FUND CO, INC, WHICH IS BOTH ORGANIZED AND OPERATED UNDER NEW YORK STATE LAW, OWNS AND OPERATES A 96 UNIT HUD SUBSIDIZED / LOW INCOME AND ELDERLY HOUSING PROJECT LOCATED IN SCOTIA, NEW YORK. 0 0 609865 874320 PROVIDE HUD SUBSIDIZED / LOW INCOME HOUSING TO QUALIFIED TENANTS. 609865 1 0 0 0 0 0 0 0 0 0 1 1 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 0 1 0 0 0 0 0 0 0 0 X 10 10 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THE ORGANIZATION 5183747407 201 FIFTH ST SCOTIA NY 12302 RONALD PINKERTON PRESIDENT 5.00 X X 1200 0 0 NANCY SHULTS VICE PRESIDENT 5.00 X X 600 0 0 CHRISTINE BISSONETTE SECRETARY 5.00 X X 600 0 0 PAULA O'SHEA TREASURER 5.00 X X 600 0 0 HARLAN BARNEY JR DIRECTOR 2.00 X 200 0 0 JAMES EDGAR DIRECTOR 2.00 X 150 0 0 EDWARD PINKERTON DIRECTOR 2.00 X 100 0 0 JOAN ACKER DIRECTOR 2.00 X 150 0 0 STEVEN GEORGE DIRECTOR 2.00 X 150 0 0 TODD LAVERY DIRECTOR 2.00 X 150 0 0 3900 0 0 0 0 0 0 TOM DILORENZO GENERAL CONTRACTOR 6 CAMPUS VIEW DRIVE LOUDONVILLE NY 12211 CONSTRUCTION 273751 BURNS MANAGEMENT REIMBURSEMENTS AND FE 1732 WESTERN AVE ALBANY NY 12203 PROPERTY MANAGEMENT 258103 OTIS ELEVATOR COMPANY 26 LOUDONVILLE ROAD ALBANY NY 12204 ELEVATOR REPLACEMENT 136788 3 HUD HOUSING PAYMENTS 531110 567244 567244 RENTAL INCOME 531110 265708 265708 CELL TOWER INCOME 531110 30182 30182 LAUNDRY INCOME 531110 6670 6670 CABLE TV INCOME 531110 3553 3553 963 963 874320 29179 29179 903499 874320 0 29179 3900 3900 161257 161257 28024 28024 50121 50121 27813 27813 25955 25955 166821 166821 36835 36835 MAINTENANCE 44720 44720 PILOT / REAL ESTATE TAX 26879 26879 UTILITIES 21916 21916 WATER 15624 15624 609865 609865 0 0 374369 403603 15463 16410 4888623 2217325 2420539 2671298 2199504 2227052 26039 25773 5035914 5344136 32601 47352 25997 25834 58598 73186 X 4977316 5270950 4977316 5270950 5035914 5344136 293634 0 X X 0 1 X 0 0 X 807968 823524 838851 840899 874320 4185562 807968 823524 838851 840899 874320 4185562 0 0 0 4185562 21260 17437 16107 17187 29179 101170 21260 17437 16107 17187 29179 101170 829228 840961 854958 858086 903499 4286732 0.97640 0.98030 0.02360 0.01970 X 200000 200000 4427019 4427019 261604 261604 2217325 -2217325 2671298 EQUITY MUTUAL FUNDS 84265 F CASH EQUIVALENTS 89411 F CERTIFICATES OF DEPOSIT 2053376 C 2227052 TENANT SECURITY DEPOSIT OBLIGATION 25834 25834 X 903499 0 903499 0 903499 609865 0 609865 0 609865 PART X, LINE 2: THE FUND FOLLOWS GUIDANCE ISSUED BY THE FASB REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES AN ASSESSMENT OF THE LIKELIHOOD OF A TAX POSITION BEING SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES AND PRESCRIBES THE MINIMUM RECOGNITION LEVEL. THE FUND BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY CHANGE UNRECOGNIZED TAX BENEFITS. NONE OF THE FUND'S FEDERAL OR STATE TAX FILINGS ARE CURRENTLY UNDER EXAMINATION. HOWEVER FISCAL YEARS 2014 AND LATER REMAIN SUBJECT TO EXAMINATION BY IRS AND NEW YORK STATE. FORM 990, PART VI, SECTION A, LINE 2 EDWARD PINKERTON, A BOARD MEMBER, IS THE SON OF RONALD PINKERTON, THE BOARD PRESIDENT. FORM 990, PART VI, SECTION A, LINE 3 THE FUND, WITH CONTINUING BOARD OVERSIGHT, HAS CONTRACTED WITH BURNS MANAGEMENT CORPORATION TO PROVIDE THE DAY-TO-DAY OPERATIONAL AND FINANCIAL MANAGEMENT OF THE PROJECT. MANAGEMENT FEES OF $50,121 WERE PAID IN THE CURRENT REPORTING PERIOD. > FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MEMBERS OF THE GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS INCORPORATED IN THE RESTATED BY-LAWS. INDIVIDUALS SUBJECT TO ANY CONFLICT ARE REQUIRED TO DECLARE THE SAME AND TO BE RECUSED FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES WITH RESPECT TO MATTERS AFFECTED. AN ANNUAL DECLARATION OF ACCEPTANCE AND COMPLIANCE WITH RESPECT TO THE POLICY IS REQUIRED OF GOVERNING BODY MEMBERS AND OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2B THE ORGANIZATION'S ENTIRE BOARD MEETS WITH THE INDEPENDENT AUDITOR AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT AND THE APPOINTMENT OF THE AUDITOR.