2016-09-02T08:55:55-05:00 2015-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-01-01 133104688 NEW YORK CITY HISTORIC PROPERTIES FUND INC NEWY 2129955260 ONE WHITEHALL STREET 21ST FLOOR NEW YORK NY 10004 BARRIE RINGELHEIM PRESIDENT 2129955260 2016-09-01 1 GARRETT M HIGGINS P00543209 2122862600 2016-09-01 2015 2016-12-15 16:53:06Z BARRIE RINGELHEIM ONE WHITEHALL STREET 21ST FLOOR NEW YORK NY 10004 534369 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. 6 6 0 10 0 0 325697 307070 189082 218583 8929 8194 795 522 524503 534369 20000 0 0 0 0 0 0 0 0 478535 435051 498535 435051 25968 99318 9258664 9448840 779551 538447 8479113 8910393 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 322781 218583 THE FUND PROVIDES LOAN FINANCING AND PROJECT MANAGEMENT ASSISTANCE FOR PRESERVING PROPERTIES WITH HISTORIC VALUE IN NEW YORK. 322781 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 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 JOAN O CAMINS PRESIDENT 2.00 X X 0 0 0 RICHARD GARVEY PRESIDENT THROUGH JULY 2015 2.00 X X 0 0 0 ALTHEA DUERSTEN TREASURER THROUGH NOV. 2015 1.00 X X 0 0 0 PAGE AYRES COWLEY SECRETARY 1.00 X X 0 0 0 STEPHEN CAPUTO JR BOARD MEMBER THROUGH NOV. 2015 1.00 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 EUGENIA DI GIROLAMO BOARD MEMBER 2.00 X 0 0 0 CECILIA KUSHNER BOARD MEMBER THROUGH APRIL 2015 2.00 X 0 0 0 VIKRAM VISWANATHAN 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 392921 1 220545 86525 307070 PROGRAM LOANS INTEREST 900099 218583 218583 218583 8194 8194 APPLICATION FEE 900099 430 430 LATE PAYMENT FEE 900099 92 92 522 534369 218583 0 8716 392921 294690 98231 10356 10356 12250 12250 450 450 949 949 3189 3054 135 338 338 1654 1654 11905 11905 FILING FEES 1039 1039 435051 322781 112270 0 30367 13715 1765587 1615725 71916 75900 5106858 5129245 2283936 2614255 9258664 9448840 13446 6361 685863 487435 80242 44651 779551 538447 X 6211470 6320485 2267643 2589908 8479113 8910393 9258664 9448840 X 99318 331962 X X 0 1 X 0 0 X 226234 210167 299660 325697 307070 1368828 226234 210167 299660 325697 307070 1368828 106224 1262604 17411 11705 9809 8929 8194 56048 11325 620 795 522 13262 1438138 979304 0.87790 0.86410 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. REIMBURSED EXPENSES - 2012 AMOUNT: $ 10,815. LATE PAYMENT FEE - 2015 AMOUNT: $ 92. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS TO LANDMARK PROPERTIES 5129245 F 5129245 APC CONTRACT RECEIVABLE 2589908 INTEREST RECEIVABLE 7858 LEGAL FEES RECEIVABLE 16489 2614255 DUE TO NEW YORK LANDMARKS CONSERVANCY, INC. 38328 DEFERRED INTEREST INCOME 6323 44651 X 867408 1077 331962 333039 534369 0 534369 436128 1077 1077 435051 0 435051 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. THE FUND IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN APC CONTRACT RECEIVABLE 322,265. LOAN DISCOUNT AMORTIZATION 9,697. 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 IS AT ALL TIMES, SUBJECT TO THE REVIEW, DIRECTION AND CONTROL OF THE BOARD OF NYCHPF. FORM 990, PART VI, SECTION B, LINE 11 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 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 CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT ALL BOARD MEMBERS 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 BOARD MEMBER MUST IMMEDIATELY DISCLOSE THE EXISTENCE AND MATERIAL OF ANY CONFLICTS TO THE BOARD. A CONFLICTED MEMBER SHALL NOT VOTE ON THE MATTER AND 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 AS 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 322,265. LOAN DISCOUNT AMORTIZATION 9,697. 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.