2016-11-14T17:51:40-06:00 2015-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2015-01-01 133202014 HOUSING PARTNERSHIP DEVELOPMENT CORPORATION HOUS 6462173370 242 WEST 36TH STREET NEW YORK NY 10018 DANIEL MARTIN PRESIDENT 6462173370 2016-11-14 1 GARRETT M HIGGINS P00543209 9143818900 2016-11-14 2015 2017-02-10 21:41:12Z DANIEL MARTIN 242 WEST 36TH STREET NEW YORK NY 10018 3754159 0 X WWW.HOUSINGPARTNERSHIP.COM X 1983 NY TO INCREASE SUPPLY OF LOW/MODERATE HOUSING IN NEW YORK CITY THROUGH NEW HOUSING PRODUCTION AND PRESERVATION, AND TO REVITALIZE NEIGHBORHOODS. 16 16 28 16 0 0 321101 230294 2883021 3457509 2134 25331 -12752 8428 3193504 3721562 0 0 0 0 2165077 2517478 0 0 443978 864877 1017345 3029954 3534823 163550 186739 5194408 5433367 225285 342533 4969123 5090834 HOUSING PARTNERSHIP DEVELOPMENT CORPORATION FUNCTIONS TO PROVIDE AVAILABLE LOW AND MODERATE COST HOUSING IN THE NEW YORK METRO AREA THROUGH NEW HOUSING PRODUCTION, PRESERVATION, REHABILITATION, AS WELL AS THE REVITALIZATION AND GENTRIFICATION OF NEIGHBORHOODS. 0 0 2702137 3457509 DURING THE YEAR 2015, HOUSING PARTNERSHIP DEVELOPMENT CORPORATION (HPDC) HAS SUCCESSFULLY CONTINUED ITS WORK TO INCREASE THE SUPPLY OF LOW AND MODERATE PROCEED HOUSING IN THE NYC METRO AREA THROUGH NEW HOUSING PRODUCTION, PRESERVATION AND REHABILITATION OF DISTRESSED PROPERTIES AS WELL AS RENTAL HOUSING. 56906 HPDC HAS ADVISED AND CONSULTED OTHER NON-PROFITS AS WELL AS MUNICIPALITIES AND DEVELOPERS IN CONSTRUCTION HOUSING AND REVITALIZING NEIGHBORHOODS. 86262 PROSPECTIVE HOME BUYERS WERE PROVIDED WITH COUNSELING COURSES TO EDUCATE THEM IN THE ADVANTAGES OF HOME OWNERSHIP, FINANCIAL PLANNING AND UNDERSTANDING DEBT. 2845305 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 28 0 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X MARIE IAMMATTEO 6462173370 242 WEST 36TH STREET NEW YORK NY 10018 ERIC ENDERLIN DIRECTOR, EX OFFICIO 1.00 1.00 X 0 0 0 DAVID WALSH DIRECTOR 1.00 X 0 0 0 CHARLES GATEWOOD DIRECTOR 1.00 X 0 0 0 DERRICK CEPHAS DIRECTOR 1.00 X 0 0 0 DUANE MUTTI DIRECTOR 1.00 X 0 0 0 GARY RODNEY DIRECTOR, EX-OFFICIO 1.00 1.00 X 0 0 0 JAMES BASON DIRECTOR 1.00 1.00 X 0 0 0 JOHN L KELLY DIRECTOR 1.00 1.00 X 0 0 0 LEWIS JONES DIRECTOR 1.00 X 0 0 0 RAYMOND SAVINO DIRECTOR 1.00 X 0 0 0 RICHARD ROBERTS DIRECTOR 1.00 X 0 0 0 THOMAS OSTERMAN DIRECTOR 1.00 X 0 0 0 TODD GOMEZ DIRECTOR 1.00 X 0 0 0 VICKI BEEN DIRECTOR, EX OFFICIO 1.00 X 0 0 0 MATT BISONETTE DIRECTOR 1.00 X 0 0 0 PAULA ROY CARETHERS DIRECTOR-TERM ENDED 12/15 1.00 X 0 0 0 JAMES HEDDEN CHAIRMAN 1.00 X 0 0 0 DANIEL MARTIN PRESIDENT & CEO 36.00 4.00 X 303573 0 30058 SHELIA MARTIN VICE PRESIDENT 37.00 3.00 X 202145 0 20121 DANIEL MARKS COHEN VICE PRESIDENT 37.00 3.00 X 172625 0 27782 MARIE IAMMATTEO TREASURER 37.00 3.00 X 143025 0 14306 SHEILA LATIMER SECRETARY 1.00 2.00 X 27020 0 1621 ABIGAIL PATTERSON ASSISTANT SECRETARY 37.00 3.00 X 163340 0 0 1011728 0 93888 5 0 1 0 BANTA HOMES CORP 193-04 HORACE HARDING EXPRESSWAY FRESH MEADOWS NY 11365 CONSTRUCTION 571022 NAVY GREEN R2DUNN DEVELOPMENT 316 DOUGLASS STREET 2ND FLOOR BROOKLYN NY 11217 DEVELOPMENT 112798 2 76850 153444 230294 SERVICING FEES 531310 3457509 3457509 3457509 2252 2252 23079 23079 41000 76850 32597 8403 8403 MISCELLANEOUS REVENUE 900099 25 25 25 3721562 3457509 0 33759 1011729 847753 28325 135651 930174 779417 26041 124716 103525 72467 15529 15529 465011 376153 24953 63905 7039 5898 197 944 4458 4458 111000 77700 16650 16650 67591 28499 46 39046 119817 86892 16069 16856 87347 475 73372 13500 378540 343540 32032 2968 11150 7974 1588 1588 32283 21604 4396 6283 27887 19521 4183 4183 176516 172390 2063 2063 STAFF DEVELOPMENT 756 564 96 96 3534823 2845305 245540 443978 3630560 3701171 461433 270751 75675 122254 298609 194373 127540 104236 564233 44792 47426 854408 623296 5194408 5433367 122007 239204 103278 103329 225285 342533 X 4956442 5078153 12681 12681 4969123 5090834 5194408 5433367 X 186739 -17662 -47366 X X 0 1 X 1 0 X 1078776 506100 208557 321101 230294 2344828 1506522 2293163 2855461 2883021 3457509 12995676 2585298 2799263 3064018 3204122 3687803 15340504 0 0 0 15340504 53072 22499 7029 2134 25331 110065 53072 22499 7029 2134 25331 110065 8403 8403 5389 193 2438 30479 25 38524 2643759 2821955 3073485 3236735 3721562 15497496 0.98990 0.98170 0.00710 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE REIMBURSEMENTS - 2011 AMOUNT: $ 5,389. 2012 AMOUNT: $ 193. 2013 AMOUNT: $ 2,438. 2014 AMOUNT: $ 30,479. MISCELLANEOUS INCOME - 2015 AMOUNT: $ 25. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 59563 34582 24981 122412 84146 38266 116634 75645 40989 104236 DUE FROM RELATED ORGANIZATION 554950 SECURITY DEPOSITS 68346 623296 X 3964046 -17662 260146 242484 3721562 0 3721562 3757814 222991 222991 3534823 0 3534823 PART IV, LINE 2B: HPDC IS HOLDING ESCROW FUNDS FOR POTENTIAL PAYMENTS ON NEIGHBORHOOD ENTREPRENEURS' PROGRAM-RELATED/LEAD-BASED PAINT CLAIMS. INTEREST AND ANY RESIDUAL FUNDS REVERT TO A THIRD PARTY BENEFICIARY. PART X, LINE 2: THE ENTITIES RECOGNIZE THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITIES HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENTS RECOGNITION OR DISCLOSURE FOR YEARS PRIOR TO DECEMBER 31, 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITIES 307,512. LOSS ON INVESTMENT IN LLC -47,366. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITIES 222,991. WINE AND JAZZ BENEFIT 117850 76850 41000 32597 117850 76850 41000 32597 32597 8403 X X 0 0 0 0 0 0 0 0 0 DANIEL MARTIN PRESIDENT & CEO 303573 0 0 0 0 0 18214 0 11844 0 333631 0 0 0 SHELIA MARTIN VICE PRESIDENT 202145 0 0 0 0 0 12129 0 7992 0 222266 0 0 0 DANIEL MARKS COHEN VICE PRESIDENT 172625 0 0 0 0 0 10358 0 17424 0 200407 0 0 0 MARIE IAMMATTEO TREASURER 143025 0 0 0 0 0 8582 0 5724 0 157331 0 0 0 ABIGAIL PATTERSON ASSISTANT SECRETARY 163340 0 0 0 0 0 0 0 0 0 163340 0 0 0 PART I, LINE 7 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT'S 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. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE DIRECTOR OF FINANCE, WHO IS IN CHARGE OF FILING THE RETURN. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL BOARD MEMBERS, DIRECTORS, OFFICERS, AND SENIOR STAFF. ANNUALLY, IT IS REVIEWED AND DISCUSSED. IT MUST BE SIGNED, LISTING ANY TERMS THAT COULD BE A CONFLICT AND RETURNED TO THE GENERAL COUNSEL. THOSE WITH CONFLICTS ARE ASKED TO RECUSE THEMSELVES FROM ANY DECISIONS RELATING TO CONFLICTING INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS 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. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: LOSS ON INVESTMENT IN LLC -47,366. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. COMMUNITY PARTNERSHIP DEV CORP 242 WEST 36TH STREET NEW YORK NY 10018 133582492 ADMINISTER LOANS TO HELP SMALL MINORITY BUILDERS COVER DEVELOPMENT COST NY 501(C)(3) LINE 9 NYC PARTNERSHIP HDFC INC 0 NYC PARTNERSHIP HDFC INC 242 WEST 36TH STREET NEW YORK NY 10018 133202018 EXECUTES CONTRACTS WITH GOVERNMENT ENTITIES FOR APPLICATION OF PUBLIC FUNDS NY 501(C)(3) PF N/A 0 ORANGE COUNTY HDFC 242 WEST 36TH STREET NEW YORK NY 10018 900518507 HOUSING NY 501(C)(3) LINE 9 NYC PARTNERSHIP HDFC INC 0 RESIDENTIAL INTERGRATED SOLUTIONS CORPORATION 242 WEST 36TH STREET NEW YORK NY 10018 133851936 HOUSING NY 501(C)(3) LINE 9 NYC PARTNERSHIP HDFC INC 0 GREATER NEWARK HOUSING PARTNERSHIP INC 275 CHESTNUT STREET NEWARK NJ 07105 261968933 HOUSING NJ 501(C)(3) LINE 9 NYC PARTNERSHIP HDFC INC 0 RSA MORTGAGE BROKERAGE 242 WEST 36TH STREET NEW YORK NY 10018 465518772 HOUSING NY N/A RELATED 166494 47803 0 0 0.50000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0