2016-11-15T16:14:30-06:00 2015-12-31 221478099 COHNREZNICK LLP 1301 Avenue of the Americas New York NY 10019 990 2015-01-01 451966147 Seaview Senior Living Housing Development Fund Corporation SEAV 2124539500 120 BROADWAY 7TH FLOOR New York NY 10271 Alan Schoor Executive Director 2124539500 2016-11-14 1 THOMAS LANNING P00851654 2122970400 2015 2017-02-10 21:41:12Z Alan Schoor 120 BROADWAY 7TH FLOOR New York NY 10271 161671 0 X www.metcouncil.org X 2011 NY TO PROVIDE HOUSING AND ASSISTED HOUSING FOR THE ELDERLY 7 7 0 0 0 0 0 91899 0 37586 0 32186 0 0 0 161671 0 0 0 0 0 0 0 0 0 0 3130040 0 3130040 0 -2968369 81945743 85766056 81945742 88734424 1 -2968368 TO PROVIDE 122 UNITS OF INDEPENDANT HOUSING FOR THE ELDERLY WITH 188 BEDS OF ASSITED LIVING FOR THE FRAIL AND ELDERLY 0 0 3097420 37586 TO PROVIDE 122 UNITS OF INDEPENDANT HOUSING FOR THE ELDERLY WITH 188 BEDS OF ASSITED LIVING FOR THE FRAIL AND ELDERLY 3097420 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X MATTHEW LOCURTO 2124539500 120 BROADWAY 7TH FLOOR new york NY 10271 X benjamin lopata Vice President 0.10 X X 0 0 0 DAVID GOTTLIEB TREASURER 0.10 X X 0 0 0 david m frankel OUTGOING vice president/ceo 0.10 X X 0 0 0 DAVID SORKIN outgoing SECRATARY 0.10 X X 0 0 0 DEBORAH R HES DIRECTOR 0.10 X 0 0 0 JOEL KAPLAN DIRECTOR 0.10 X 0 0 0 JOSePH STRASBURG DIRECTOR 0.10 X 0 0 0 joseph Aronauer DIRECTOR 0.10 X 0 0 0 LINDA SPITZER PRESIDENT 0.10 X X 0 0 0 Alan Schoor non voting director 0.10 X 0 0 0 GEORGE RUSH CONTRACTED CFO 0.10 X 0 0 0 0 0 0 0 0 0 0 Filben Development LLC 800 Westchester Ave Suite S-712 Rye Brook NY 10573 Management Company 1260948 1 91899 91899 Rental Income 531190 37586 37586 37586 32186 32186 161671 37586 0 32186 1016521 1016521 32620 32620 875 875 121416 121416 130893 130893 38737 38737 6378 6378 911028 911028 577114 577114 107382 107382 Repairs & Maintenance 179426 179426 Financinng 7490 7490 Permits 160 160 3130040 3097420 32620 0 106159 649701 10349552 1004079 16343 439055 43189 76454124 561786 62245148 75892338 8805829 8160406 81945743 85766056 5683904 3162559 35702916 44019396 40550000 40550000 8922 1002469 81945742 88734424 X 1 -2968368 1 -2968368 81945743 85766056 -2968369 0 X X 0 1 X 1 0 X 91899 91899 91899 91899 91899 32186 32186 124085 37586 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 67957172 523677 67433495 8496951 38109 8458842 75892338 mortgage costs 2047351 OPERATING RESERVE 3060173 DEBT SERVICE RESERVE 3025374 security deposits 27508 8160406 DUE TO affiliates 999469 Tenant security deposit 3000 1002469 X 161671 0 161671 0 161671 3130040 0 3130040 0 3130040 Part X, Line 2: these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the IRS, tax years since 2012 remain open. Form 990, Part VI, Section A, line 3 DURING 2015, THE ROLE OF CFO WAS OUTSOURCED TO GR CONSULTING LLC. The consulting fees for those services were PAID by the parent organization METROPOLITAN NEW YORK COORDINATING COUNCIL ON JEWISH POVERTY (EIN 13-2738818) and not the filing organization. Therefore, all the details of this arrangement are described on the parent's tax return. Form 990, Part VI, Section A, line 8b THE ORGANIZATION DID NOT HAVE ANY committee MEETINGS DURING THE YEAR. Form 990, Part VI, Section B, line 11 THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. IT IS THEN REVIEWED BY THE ORGANIZATION'S GOVERNING BODY. AFTER THE REVIEW, FORM 990 IS FILED WITH THE IRS. Form 990, Part VI, Section B, line 12c All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members. Form 990, Part VI, Section C, line 19 THE DOCUMENTS ARE AVAILABLE upon REQUEST. FORM 990, PART XII, LINE 2c: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.