2017-03-23T14:48:04-05:00 2016-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2015-07-01 112683663 CYPRESS HILLS LOCAL DEVELOPMENT CORP CYPR 7186472800 625 JAMAICA AVENUE BROOKLYN NY 11208 MICHELLE NEUGEBAUER EXECUTIVE DIRECTOR 7186472800 2017-02-10 1 AARON SHAPIRO P01333816 2128674000 2015 2021-01-29 14:40:06Z MICHELLE NEUGEBAUER 625 JAMAICA AVENUE BROOKLYN NY 11208 12204435 0 X WWW.CYPRESSHILLS.ORG X 1983 NY TO REVITALIZE THE CYPRESS HILLS COMMUNITY. 15 15 609 35 0 0 10383025 11872386 227804 188301 0 0 123187 127008 10734016 12187695 0 0 0 0 8722513 9413410 0 0 234637 2026574 2527358 10749087 11940768 -15071 246927 5291439 4916655 2512123 1890412 2779316 3026243 X WITH COMMUNITY RESIDENTS LEADING THE WAY, THE MISSION OF THE CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (CHLDC) IS TO BUILD A STRONG SUSTAINABLE CYPRESS HILLS AND EAST NEW YORK, WHERE YOUTH AND ADULTS ACHIEVE EDUCATIONAL AND ECONOMIC SUCCESS, SECURE AFFORDABLE HOUSING AND DEVELOP LEADERSHIP SKILLS TO TRANSFORM THEIR LIVES AND COMMUNITY. 0 0 8699072 YOUTH AND HUMAN SERVICES - OUR PROGRAMS INCLUDE HIGH QUALITY AFTERSCHOOL AND EXTENDED LEARNING TIME PROGRAMS FOR 1,640 YOUNG PEOPLE ANNUALLY AND ANOTHER 735 IN SUMMER CAMPS; COLLEGE AND CAREER COUNSELING, COLLEGE ADMISSIONS AND FINANCIAL AID ASSISTANCE, AND COLLEGE PERSISTENCE HELP SERVING 1,600 YOUNG PEOPLE; A FAMILY COUNSELING PROGRAM THAT SERVED 45 FAMILIES; A MIDDLE SCHOOL STUDENT SUCCESS CENTER - ASSISTING 800 STUDENTS IN PLANNING FOR COLLEGE AT AN EARLY AGE AND IN APPLYING TO MORE SELECTIVE HIGH SCHOOLS, AND SCHOOL-BASED COMMUNITY CENTERS OFFERING RECREATION, EDUCATION AND YOUTH LEADERSHIP DEVELOPMENT PROGRAMS ENROLLING 1,600 PARTICIPANTS. 1143222 188301 HOUSING AND COMMUNITY DEVELOPMENT - CHLDC BROKE GROUND ON TWO NEW AFFORDABLE HOUSING PROJECTS: CYPRESS HILLS SENIOR HOUSING AND PITKIN BERRIMAN THAT WILL RESULT IN 114 UNITS OF AFFORDABLE HOUSING AND RETAIL SPACE; FIRST-TIME HOME BUYING COUNSELING AND EDUCATIONAL SEMINARS REACHING 180 RESIDENTS; FORECLOSURE PREVENTION COUNSELING AND ADVOCACY SERVING 200 FAMILIES A YEAR; ENGAGEMENT OF COMMUNITY RESIDENTS IN PLANNING THE FUTURE OF THE NEIGHBORHOOD; ASSISTANCE TO HOMEOWNERS IN RETROFITTING THEIR HOUSES AND SAVING ENERGY; AND MAKING CYPRESS HILLS A HEALTHIER PLACE TO LIVE BY PROVIDING NUTRITION EDUCATION, INCREASING ACCESS TO HEALTHY FOODS AND PROMOTING URBAN AGRICULTURE FOR 1,000 RESIDENTS. 479444 ECONOMIC DEVELOPMENT AND COMMUNITY ORGANIZING: WORKFORCE DEVELOPMENT, EMPLOYER ENGAGEMENT, ADULT EDUCATION AND JOB TRAINING IN THE TRANSPORTATION AND LOGISTICS SECTOR, AND CASE MANAGEMENT FOR 600 RESIDENTS WITH 125 OF THESE PARTICIPANTS SECURING EMPLOYMENT AND 110 EARNING NATIONAL RECOGNIZED EMPLOYMENT CREDENTIALS; SUMMER YOUTH EMPLOYMENT AND INTERNSHIPS FOR 625 HIGH SCHOOL STUDENTS AND YOUNG ADULTS; SUPPORTING YOUNG PEOPLE TO IMLEMENT RESTORATIVE JUSTICE PROGRAMS IN PUBLIC SCHOOLS AND INCREASE THEIR ACCESS TO EDUCATIONAL RESOURCES; MOBILIZING RESIDENTS TO IMPACT GOVERNMENT'S PLANS FOR THE COMMUNITY; EDUCATING TENANTS ABOUT THEIR HOUSING RIGHTS AND ORGANIZING RENTERS TO OBTAIN BETTER SERVICES AND SECURE REPAIRS IN THEIR PROPERTIES. 10321738 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 14 0 609 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X ISMAEL DA SILVA DIRECTOR OF FINANCE 7186472800 625 JAMAICA AVENUE BROOKLYN NY 11208 HAROLD GREEN PRESIDENT 1.00 X X 0 0 0 MARISOL QUINONES VICE PRESIDENT 1.00 X X 0 0 0 SYLVIA STOVALL SECRETARY 1.00 X X 0 0 0 FLORENCE CHARLES BOARD MEMBER 1.00 X 0 0 0 R D GENTZLER BOARD MEMBER 1.00 X 0 0 0 IVELISSE GONZALEZ BOARD MEMBER 1.00 X 0 0 0 MELODYE HARVEY BOARD MEMBER 1.00 X 0 0 0 MICHAEL LAWES BOARD MEMBER 1.00 X 0 0 0 MIRIAN RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 ALEXIS SANCHEZ BOARD MEMBER 1.00 X 0 0 0 AMORY SANCHEZ BOARD MEMBER 1.00 X 0 0 0 CLARRISSA RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 GLADYS DE SANTIAGO BOARD MEMBER 1.00 X 0 0 0 MARK Z MIGLIACCI BOARD MEMBER 1.00 X 0 0 0 JASON VILLODAS BOARD MEMBER 1.00 X 0 0 0 MICHELLE NEUGEBAUER EXECUTIVE DIRECTOR 35.00 4.00 X 108642 0 10594 ISMAEL DA SILVA DIRECTOR OF FINANCE 35.00 1.00 X 95522 0 8784 204164 0 19378 1 0 0 0 0 71373 8482607 3318406 11872386 DEVELOPMENT FEES 531310 188301 188301 188301 113043 5652 107391 107391 107391 16214 71373 11088 5126 5126 MISCELLANEOUS 900099 14491 14491 14491 12187695 188301 0 127008 247389 223542 23847 7323347 6549230 612427 161690 98268 88250 8295 1723 997196 880754 93147 23295 747210 648232 80825 18153 3653 3653 58877 58877 695711 628413 67298 26649 26649 688424 613515 70437 4472 228567 165092 63475 446603 437690 8913 152832 146951 5881 6225 6225 29158 24784 2917 1457 119184 112920 6264 BAD DEBT 13432 13432 58043 25907 32136 11940768 10321738 1384393 234637 419731 464492 2259215 3405492 2362086 733203 76805 169024 865023 720579 173602 144444 5291439 4916655 758826 1279582 121042 68734 1614953 530000 17302 12096 2512123 1890412 X 1585124 1653224 1194192 1373019 2779316 3026243 5291439 4916655 246927 0 X X 0 1 X 1 1 1 X 7682287 7722064 9795300 10383025 11872386 47455062 7682287 7722064 9795300 10383025 11872386 47455062 275296 47179766 104879 109948 109740 117452 113043 555062 3557 5126 8683 11506 20360 7679 12333 14491 66369 48085176 639616 0.98120 0.98190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2011 AMOUNT: $ 11,506. 2012 AMOUNT: $ 20,360. 2013 AMOUNT: $ 7,679. 2014 AMOUNT: $ 12,333. 2015 AMOUNT: $ 14,491. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 30530 30530 0 PART II-B, LINE 1: LOBBIED FOR AFFORDABLE HOUSING, DISPLACEMENT PREVENTION AND OTHER COMMUNITY BENEFITS IN REZONING OF CYPRESS HILLS. ALL LOBBYING EXPENSES WERE ALLOCATIONS OF EMPLOYEE SALARIES. 367929 292924 75005 497094 427655 69439 144444 DEFERRED RENTAL INCOME 12096 12096 X 12354597 161250 5652 166902 12187695 0 12187695 12107670 161250 5652 166902 11940768 0 11940768 PART X, LINE 2: CYPRESS HILLS HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 5,652. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 5,652. ANNUAL GALA 87587 71373 16214 6653 4435 87587 71373 16214 6653 4435 11088 5126 FORM 990, PART VI, SECTION A, LINE 2 ALEXIS SANCHEZ AND AMORY SANCHEZ HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT REVIEWS THE 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE IT IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT 990 IS PROVIDED TO THE AUDIT COMMITTEE TO REVIEW. THE AUDIT COMMITTEE MEETS WITH MANAGEMENT TO DISCUSS THE 990 AND RESOLVE ANY QUESTIONS THAT MAY ARISE. THE 990 IS THEN DISTRIBUTED TO THE BOARD FOR REVIEW AND APPROVAL. UPON APPROVAL FROM THE BOARD, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS,OFFICERS AND EMPLOYEES REPORT ANNUALLY IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT APPEARS TO EXIST, MANAGEMENT AND THE BOARD WILL MEET WITH THE INDIVIDUAL TO OBTAIN ALL THE FACTS. SUBSEQUENTLY, A VOTE WILL ENSUE IF THE MATTER IS INDEED A CONFLICT OF INTEREST. IF IT IS FOUND TO BE A CONFLICT OF INTEREST, THE INDIVIDUAL WITH THE CONFLICT MUST REFRAIN FROM PARTICIPATING IN THE DELIBERATION AND DECISION MAKING CONCERNING THE MATTER THAT GAVE RISE TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USES SALARY SURVEYS, AS WELL AS 990'S OF OTHER ORGANIZATIONS, TO COMPARE THE SALARIES OF ITS LEADERSHIP AND TOP MANAGEMENT STAFF TO THOSE OF OTHER ORGANIZATIONS OF SIMILAR SIZE WITHIN THE SAME INDUSTRY. THIS PROCESS WAS LAST DONE IN 2015. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ARLINGTON APARTMENTS HDFC 625 JAMAICA AVE BROOKLYN NY 11208 113166122 PROVIDE AFFORDABLE RESIDENTIAL APARTMENTS FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS HILLS COMMUNITY SCHOOL DEVELOPMENT CORPORATION INC 625 JAMAICA AVE BROOKLYN NY 11208 800003810 DEVELOPMENT OF A LOCAL SCHOOL FACILITY NY 501(C)(3) LINE 7 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS HOMES HDFC 625 JAMAICA AVE BROOKLYN NY 11208 113440887 PROVIDE AFFORDABLE HOME OWNERSHIP FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS WEST HDFC 625 JAMAICA AVE BROOKLYN NY 11208 113294777 PROVIDE AFFORDABLE RESIDENTIAL APARTMENTS FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 GLENMORE GARDENS HDFC 625 JAMAICA AVE BROOKLYN NY 11208 260354442 DEVELOP AFFORDABLE HOMEOWNERSHIP FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS HILLS CHILD CARE CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 113116118 PROVIDE CHILDCARE FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 7 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS HILLS SENIOR HOUSING HDFC 625 JAMAICA AVE BROOKLYN NY 11208 454567618 DEVELOP AND PROVIDE AFFORDABLE HOUSING FOR LOW INCOME SENIORS NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS MEWS HDFC 625 JAMAICA AVE BROOKLYN NY 11208 208446097 DEVELOP AND PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 LIBERTY APARTMENTS HDFC 625 JAMAICA AVE BROOKLYN NY 11208 270251221 DEVELOP AND PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 PITKIN-BERRIMAN HDFC 625 JAMAICA AVE BROOKLYN NY 11208 451263315 DEVELOP AND PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 9 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION 1 CYPRESS CORNERS LP 625 JAMAICA AVE BROOKLYN NY 11208 030385879 RENTAL NY N/A CYPRESS COURT ASSOCIATES LP 625 JAMAICA AVE BROOKLYN NY 11208 113317812 RENTAL NY N/A CYPRESS PLAZA GROUP LP 625 JAMAICA AVE BROOKLYN NY 11208 260556223 RENTAL NY N/A 125 FOUNTAIN AVENUE LP 625 JAMAICA AVE BROOKLYN NY 11208 770711923 RENTAL NY N/A CYPRESS VILLAGE LP 625 JAMAICA AVE BROOKLYN NY 11208 453677180 RENTAL NY N/A CYPRESS HILLS SENIOR HOUSING LP 625 JAMAICA AVE BROOKLYN NY 11208 364770200 RENTAL NY N/A CYPRESS PITKIN-BERRIMAN LP 625 JAMAICA AVE BROOKLYN NY 11208 383941158 RENTAL NY N/A CYPRESS COURT HOUSING CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 113317348 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 24815 1.00000 1 CYPRESS CORNERS HOUSING CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 223904722 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 14804 200 1.00000 1 CYPRESS PLAZA DEVELOPMENT CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 205520783 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 10000 29 1.00000 1 CYPRESS HILLS LIBERTY INC 625 JAMAICA AVE BROOKLYN NY 11208 263398170 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 27267 50 1.00000 1 CYPRESS VILLAGE HOUSING CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 453687129 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 10000 332500 1.00000 1 CYPRESS HILLS HOUSING CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 113044455 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 1.00000 0 CYPRESS PLACE SENIOR HOUSING CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 453381849 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 400000 1.00000 0 125 FOUNTAIN AVENUE LLC 625 JAMAICA AVE BROOKLYN NY 11208 770711923 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 54534 100 1.00000 0 PITKIN HOUSING CORPORATION 625 JAMAICA AVE BROOKLYN NY 11208 471978634 RENTAL NY CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION C 100 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0