2017-05-09T13:45:49-05:00 2016-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2015-07-01 133394231 Westbourne Housing Development Fund Company Inc % LAURA M TAVORMINA TREASURE WEST 2127216032 2345 Broadway New York NY 10024 PAUL FREITAG SECRETARY 2127216032 2017-05-09 true CANDICE METH P01306891 2129498700 2015 2021-01-29 14:40:06Z PAUL FREITAG SECRETARY 2345 BROADWAY NEW YORK NY 10024 1297927 false X WWW.WSFSSH.ORG X 1987 NY A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME. 3 1 0 0 0 0 0 1264457 1290546 16034 7381 0 0 1280491 1297927 0 0 0 0 503201 529052 0 0 0 749289 706979 1252490 1236031 28001 61896 8014821 7844734 5287574 5077752 2727247 2766982 A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME. false false 1126287 0 1290546 Developing, operating and managing housing for persons of low income. 1126287 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 3 0 0 true false false false false false false false false false false X 3 1 false false false false false false false true true false false true true true true true true true true false NY X LAURA M TAVORMINA TREASURE 2127216032 2345 BROADWAY NEW YORK NY 10024 MR SHELDON J FINE PRESIDENT 1.0 6.0 X X 0 0 0 MS LAURA TAVORMINA TREASURER 2.0 40.0 X X 0 147936 10485 MR PAUL R FREITAG VICE PRESIDENT/SECRETARY 2.0 40.0 X X 0 64358 4070 MS LAURA R JERVIS VICE PRESIDENT/SECRETARY 0.0 0.0 X 0 167329 9223 0 379623 23778 0 true true false 0 0 RENTAL INCOME 531110 1285771 1285771 REFRIGERATION AND AIR CONDITION REVENUE 531310 4775 4775 1290546 7381 7381 0 0 0 0 0 0 0 0 0 0 1297927 1290546 7381 0 0 0 0 0 0 404665 404665 8905 8905 79230 79230 36252 36252 101744 101744 18607 18607 8000 8000 0 0 0 7230 7230 0 10510 10510 11994 11994 0 0 697 697 0 0 0 0 195272 195272 55263 55263 UTILITIES 128250 128250 EQUIPMENT MAINT & REPAIR 97878 97878 SUPPLIES 18213 18213 SOCIAL & RECREATIONAL 3780 3780 49541 49541 1236031 1126287 109744 0 0 0 93476 45115 0 0 63934 54751 0 0 0 0 0 0 0 0 15128 16522 7484723 924258 6718395 6560465 0 0 0 0 0 0 0 0 1123888 1167881 8014821 7844734 63367 29020 0 0 15958 8736 0 0 0 0 0 0 4665028 4665028 0 0 543221 374968 5287574 5077752 X 2727247 2766982 0 0 0 0 2727247 2766982 8014821 7844734 X 61896 -22161 X false true X true false X 0 0 0 0 0 0 1148519 1042946 1096323 1264457 1290546 5842791 0 0 0 1148519 1042946 1096323 1264457 1290546 5842791 0 0 0 5842791 11450 3132 17559 16034 7381 55556 0 11450 3132 17559 16034 7381 55556 0 2465 1811 0 0 0 4276 1162434 1047889 1113882 1280491 1297927 5902623 0.98986 0.99020 0.00941 0.00830 X 1850000 1850000 5160381 662698 4497683 474342 261560 212782 6560465 RESERVES IN ESCROW 1141514 OTHER RECEIVABLES 5353 SECURITY DEPOSITS - TENANTS 21014 1167881 0 TENANT SECURITY PAYABLE 21014 DUE TO AFFILIATE 353954 374968 X SCHEDULE D, PART X, LINE 2 The Organization is subject to the provisions of the Financial Accounting Standards Board's (The "FASB") Accounting Standards Codification ("ASC") Topic 740, "Income Taxes," relating to accounting and reporting for uncertainty in income taxes. Because of the Organization's general tax-exempt status, ASC Topic 740 has not had, and is not expected to have, a material impact on the organization's consolidated financial statements. MS LAURA TAVORMINA TREASURER 0 147936 0 0 0 0 0 4297 0 6188 0 158421 0 0 MS LAURA R JERVIS VICE PRESIDENT/SECRETARY 0 167329 0 0 0 0 0 5020 0 4203 0 176552 0 0 SCHEDULE J, PART II COMPENSATION FROM RELATED ORGANIZATION: NEITHER THE VICE-PRESIDENT NOR THE TREASURER IS COMPENSATED BY THE FILING ORGANIZATION. HOWEVER, BOTH ARE COMPENSATED BY A RELATED ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING INC. FORM 990, PART VI SECTION B, LINE 11A - THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. SECTION B, LINE 12C - THE CONFLICT OF INTEREST STATEMENTS ARE DISTRIBUTED FOR COMPLETION TO ALL DIRECTORS AND OFFICERS ANNUALLY. ALL STATEMENTS ARE REVIEWED BY THE ENTIRE BOARD AND MAINTAINED BY THE VICE-PRESIDENT. SECTION B, LINE 15B - NEITHER THE VICE PRESIDENT NOR THE TREASURER IS COMPENSATED BY THE FILING ORGANIZATION. HOWEVER, BOTH ARE COMPENSATED BY A RELATED ORGANIZATION, WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING INC., WHICH PROVIDES THE PROPERTY MANAGEMENT FOR THE FILING ORGANIZATION. SECTION C, LINE 19 - THE ORGANIZATION MAKES THE FOLLOWING GOVERNANCE DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST: 1. ARTICLES OF INCORPORATION 2. BY-LAWS 3. IRS DETERMINATION LETTER 4. CONFLICT OF INTEREST POLICY 5. AUDITED CONSOLIDATED FINANCIAL STATEMENTS 6. FORM 990 Form 990 Part IX line 7 Part V line 2(a) and Salaries and Wages: There are no employees reported on IRS Form W-3, Transmittal of Wage and Tax Statements (see Part V Line 2(a)) because the payroll function of the filing organization is provided by a related not-for-profit organization, West Side Federation For Senior and Supportive Housing Inc. (See schedule R Part V). The salaries and wages reported in Form 990 Part IX line 7 represents the allocated salaries and wages of 25 employees worked for the filing organization during the reporting period. WEST SIDE FEDERATION FOR SENIOR SUPPORTI 2345 BROADWAY ND FLOOR NY 10024 132926433 LOW INC HSG NY 501(c)(3) 509 (A)(1) NA false WSA HOUSING DEVELOPMENT FUND COMPANYINC 2345 BROADWAY NEW YORK NY 10024 133257830 LOW INC HSG NY 501(c)(3) 509(a)(2) WSFSSH false K&L HOUSING DEVELOPMENT FUND COMPANYINC 2345 BORADWAY NEW YORK NY 10024 133957282 LOW INC HSG NY 501(c)(3) 501(A)(2) WSFSSH false EUCLID HALL HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133527248 LOW INC HSG NY 501(c)(3) 509(a)(2) WSFSSH false FREDERIC FLEMING HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133370157 LOW INC HSG NY 501(c)(3) 509(a)(2) WSFSSH false WEST SIDE SPECIAL HOUSING DEVELOPMENT 2345 BROADWAY NEW YORK NY 10024 133363237 LOW INC HSG NY 501(c)(2) NONE WSFSSH false EAST ONE THIRTY EIGHTH HDFC INC 2345 BROADWAY NEW YORK NY 10024 272817926 LOW INC HSG NY 501(c)(3) 509(a)(2) WSFSSH false TWO HUNDRED SIX ASSOCIATES LP 2345 BROADWAY EIN 13-3839380 NEW YORK NY 10024 133839380 LOW INC HSG NY NA ONE HUNDRED FORTY ASSOCIATES LP 2345 BROADWAY EIN 20-4467272 NEW YORK NY 10024 204467272 LOW INC HSG NY NA CLAREMONT PARK ASSOCIATES LP 2345 BROADWAY EIN 26-3714382 NEW YORK NY 10024 263714382 LOW INC HSG NY NA WEST EIGHTIES ASSOCIATES LP 2345 BROADWAY EIN 26-2448212 NEW YORK NY 10024 262448212 LOW INC HSG NY NA ONE FORTY NINE HOUSING COMPANY 2345 BROADWAY EIN 13-3316860 NEW YORK NY 10024 133316860 LOW INC HSG NY NA MANHATTAN WEST ASSOCIATES LP 2345 BROADWAY EIN 13-3060464 NEW YORK NY 10024 133060464 LOW INC HSG NY NA BORINQUEN COURT ASSOCIATES LP 2345 BROADWAY EIN 27-3214198 NEW YORK NY 10024 273214198 LOW INC HSG NY NA TRES PUENTES LP 2345 BROADWAY EIN 46-3895236 NEW YORK NY 10024 463895236 LOW INC HSG NY NA BORINQUEN COURT HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 273214146 LOW INC HSG NY NA C CORP false 2345 HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 133739124 LOW INC HSG NY EUCLID HALL HDF C CORP false BEN MICHALSKI HDFC INC 2345 BROADWAY NEW YORK NY 10024 133699837 LOW INC HSG NY NA C CORP false ONE HUNDRED FORTY HOUSING CO INC 2345 BROADWAY NEW YORK NY 10024 204467153 LOW INC HSG NY NA C CORP false CLAREMONT PARK HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 205273662 LOW INC HSG NY NA C CORP false WEST EIGHTIES HOUSING COMPANY INC 2345 BROADWAY NEW YORK NY 10024 262448081 LOW INC HSG NY NA C CORP false FEDERATION HOUSING SUPPORT SERVICES INC 2345 BROADWAY NEW YORK NY 10024 133080217 LOW INC HSG NY NA C CORP false Marseilles HDFC 2345 BROADWAY NEW YORK NY 10024 201738686 LOW INC HSG NY NA C CORP false Tres Puente Housing Company Inc 2345 BROADWAY NEW YORK NY 10024 475421458 LOW INC HSG NY NA C CORP false false false false false true false false false false false false false true false false true false false false SCHEDULE R PART II, III AND IV THE FILING ORGANIZATION HAS A BROTHER-SISTER RELATIONSHIP WITH ALL THE ENTITIES LISTED IN THIS SCHEDULE R WITH THE EXCEPTION OF WEST SIDE FFDERATION FOR SENIOR AND SUPPORTIVE HOUSING, INC (WSFSSH), WHICH IS ITS PARENT. SCHEDULE R, PART V: Several management functions are provided by a related not-for-profit organization, West Side Federation For Senior & Supportive Housing Inc., (WSFSSH). These functions include payroll, health, dental, life and disability insurance, and property and liability insurance. The filing organization reimburses WSFSSH for these expenses. These reimbursed expenses are reported under category "p" on Schedule R - Part V. The Property Management services provided by WSFSSH is also reported under category "m" on Schedule R- Part V. To the extent that WSFSSH is not reimbursed fully for payroll, fringe, insurance and other expenses that WSFSSH pays on behalf of the filing organization, the advance payments made by WSFSSH are considered loaned to the filing organization. These advance payments are reported under category "e" on Schedule R - Part V.