2017-08-10T08:54:45-05:00 2016-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2016-01-01 133104688 NEW YORK CITY HISTORIC PROPERTIES FUND INC NEWY 2129955260 ONE WHITEHALL STREET 21ST FLOOR NEW YORK NY 10004 BARRIE RINGELHEIM PRESIDENT 2129955260 2017-08-08 1 GARRETT M HIGGINS P00543209 2122862600 2017-08-08 65.51.112.58 2017-08-08 13:36:27 ED P AD3B626500A59A1B576A4B498EA645165325D0FB 919FFC66B950D93A3B2C258D519D829A961B6EE3 2016 2021-01-29 14:40:06Z BARRIE RINGELHEIM ONE WHITEHALL STREET 21ST FLOOR NEW YORK NY 10004 547989 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 9 0 0 307070 310663 218583 226996 8194 8638 522 1692 534369 547989 0 5458 0 0 0 0 0 0 0 435051 446299 435051 451757 99318 96232 9448840 9481255 538447 342542 8910393 9138713 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 341524 5458 226996 THE FUND PROVIDES LOAN FINANCING AND PROJECT MANAGEMENT ASSISTANCE FOR PRESERVING PROPERTIES WITH HISTORIC VALUE IN NEW YORK. 341524 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X KAREN ANSIS FUND MANAGER 2129955260 ONE WHITEHALL STREET NEW YORK NY 10004 X BARRIE RINGELHEIM PRESIDENT 2.00 X X 0 0 0 JOAN O CAMINS PRESIDENT THRU AUGUST 2016 2.00 X X 0 0 0 PAGE AYRES COWLEY SECRETARY 1.00 X X 0 0 0 EUGENIA DI GIROLAMO TREASURER THRU AUGUST 2016 1.00 X X 0 0 0 SARAH CARROLL BOARD MEMBER 1.00 X 0 0 0 JOHN P DARBY BOARD MEMBER 1.00 X 0 0 0 STEPHANIE PINCUS MD BOARD MEMBER 1.00 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 388842 1 222038 88625 310663 PROGRAM LOANS INTEREST 900099 226996 226996 226996 8638 8638 LATE PAYMENT FEE 900099 1147 1147 APPLICATION FEE 900099 545 545 1692 547989 226996 0 10330 5458 5458 388842 291932 96910 14390 14390 12500 12500 405 405 9872 9872 1156 1156 71 71 823 823 7900 7900 PROGRAM RESEARCH 5000 5000 BAD DEBT EXPENSE 4704 4704 FILING FEES 636 636 451757 341524 110233 0 13715 86839 1615725 2370094 75900 78000 5129245 4220746 2614255 2725576 9448840 9481255 6361 8010 487435 285002 44651 49530 538447 342542 X 6320485 6416451 2589908 2722262 8910393 9138713 9448840 9481255 X 96232 132088 X X 0 1 X 0 0 X 210167 299660 325697 307070 310663 1453257 210167 299660 325697 307070 310663 1453257 92505 1360752 11705 9809 8929 8194 8638 47275 11325 620 795 522 1692 14954 1515486 1017042 0.89790 0.87790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: APPLICATION FEE - 2012 AMOUNT: $ 510. 2013 AMOUNT: $ 620. 2014 AMOUNT: $ 795. 2015 AMOUNT: $ 430. 2016 AMOUNT: $ 545. REIMBURSED EXPENSES - 2012 AMOUNT: $ 10,815. LATE PAYMENT FEE - 2015 AMOUNT: $ 92. 2016 AMOUNT: $ 1,147. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS TO LANDMARK PROPERTIES 4220746 F 4220746 APC CONTRACT RECEIVABLE 2722262 INTEREST RECEIVABLE 3314 2725576 DUE TO NEW YORK LANDMARKS CONSERVANCY, INC. 42459 DEFERRED INTEREST INCOME 7071 49530 X 557674 9685 9685 547989 0 547989 461442 9685 9685 451757 0 451757 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 2013. 1 GRANT PAID FOR MODIFYING LOAN DOCUMENTS 1 5458 PART I, LINE 2: GRANT FUNDS AWARDED TO BORROWERS ARE PAID DIRECTLY TO THE VENDOR UPON PRESENTATION OF AN INVOICE. 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 TO ENSURE THAT THE FUND REMAINS IN COMPLIANCE WITH THE NEW YORK NON-PROFIT REVITALIZATION ACT OF 2013, THE BY-LAWS WERE AMENDED IN FEBRUARY 2016 WITH THE FOLLOWING CHANGE MADE, ALONG WITH OTHER MINOR CHANGES: - ARTICLE V, SECTION 1 OF THE FUND'S BY-LAWS (APPROVAL OF DIRECTOR AND OFFICER COMPENSATION): A NEW SENTENCE WAS ADDED TO CLARIFY THAT THE BOARD OF DIRECTORS MAY APPROVE UNIFORM BOARD FEES PAID TO ALL DIRECTORS WITHOUT EACH DIRECTOR HAVING TO RECUSE HIMSELF OR HERSELF FROM THE DELIBERATION AND VOTE ON HIS OR HER OWN COMPENSATION (AS WOULD OTHERWISE BE REQUIRED UNDER NEW YORK LAW). 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 MANAGER 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 132,354. LOAN DISCOUNT AMORTIZATION -266. 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.