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HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY INC (EIN 22-2873650)
Tax period
2015-08-01 to 2016-07-31
Filed
2016-12-22
IRS object ID
201643579349300404
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-12-22T08:07:44-06:00ReturnTs
Tax Period End2016-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN474526160PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EFPR GROUP CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16390 MAIN STREET SUITE 200AddressLine1Txt
CityWILLIAMSVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222873650EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY HOUSING DEVELOPMENT FUNDBusinessNameLine1Txt
Business Name Line2COMPANY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHUDSBusinessNameControlTxt
Phone8452972004PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARGARET O'LEARYPersonNm
Person TitleC.E.O.PersonTitleTxt
Phone8452972004PhoneNum
Signature2016-12-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN T O'BRIENPreparerPersonNm
PTINP01253588PTIN
Phone7166340700PhoneNum
Preparation2016-12-12PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGREGORY D SUPPLEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$501,759GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$76,500PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$475,145PYProgramServiceRevenueAmt
CY Program Service Revenue$493,172CYProgramServiceRevenueAmt
PY Investment Income$15,183PYInvestmentIncomeAmt
CY Investment Income$290CYInvestmentIncomeAmt
PY Other Revenue$36,413PYOtherRevenueAmt
CY Other Revenue$8,297CYOtherRevenueAmt
PY Total Revenue$603,241PYTotalRevenueAmt
CY Total Revenue$501,759CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$93,675PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$95,280CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$560,281PYOtherExpensesAmt
CY Other Expenses$512,190CYOtherExpensesAmt
PY Total Expenses$653,956PYTotalExpensesAmt
CY Total Expenses$607,470CYTotalExpensesAmt
PY Revenues Less Expenses-$50,715PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$105,711CYRevenuesLessExpensesAmt
Total Assets BOY$10,342,828TotalAssetsBOYAmt
Total Assets EOY$7,507,531TotalAssetsEOYAmt
Total Liabilities BOY$4,970,071TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,240,485TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,372,757NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,267,046NetAssetsOrFundBalancesEOYAmt
MissionTHE PURPOSE OF THE ORGANIZATION IS TO DEVELOP, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$576,042ExpenseAmt
Revenue$493,172RevenueAmt
DescTO MAINTAIN AND DEVELOP THE HOUSING PROPERTIES AND PROJECTS, ON A NON-PROFIT BASIS, FOR PERSONS OF LOW-INCOME, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS IN THE HUDSON VALLEY REGION OF NEW YORK.Desc
Total Program Service Expenses$576,042TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LINDA MANNION CPA STAFF ACCOUNTANTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8452972004PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CSP BUILDING 5 GIVANS AVENUEAddressLine1Txt
CityWAPPINGERS FALLSCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12590ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GREGORY D SUPPLE ESQ
CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
DAVID MERTE PE
VICE CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
JOAN ECK
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
JOHN LAWRENCE
DIRECTOR1.00Yes (X)$0$0$0
PAUL PILON
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM F MELCHER
DIRECTOR1.00Yes (X)$0$0$0
MARGARET O'LEARY
C.E.O.40.00Yes (X)$0$124,610$6,971
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$124,610TotReportableCompRltdOrgAmt
Total Other Compensation$6,971TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business531110BusinessCd
Total Revenue Column$493,172TotalRevenueColumnAmt
Related Or Exempt Func Income$493,172RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$493,172TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$290TotalRevenueColumnAmt
Exclusion$290ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
A/C FEES812310$4,580$4,580
LAUNDRY INCOME812310$3,419$3,419
MISCELLANEOUS900099$298$298
FieldValueIRS element (for citing)
Other Revenue Total$8,297OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$501,759TotalRevenueColumnAmt
Related Or Exempt Func Income$493,172RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8,587ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$95,280TotalAmt
Program Services$82,798ProgramServicesAmt
Management And General$12,482ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$56,569TotalAmt
Program Services$56,569ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$240TotalAmt
Program Services$165ProgramServicesAmt
Management And General$75ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$300TotalAmt
Program Services$300ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$900TotalAmt
Program Services$767ProgramServicesAmt
Management And General$133ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$140,435TotalAmt
Program Services$140,435ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$111,993TotalAmt
Program Services$105,464ProgramServicesAmt
Management And General$6,529ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$127,167TotalAmt
Program Services$122,265ProgramServicesAmt
Management And General$4,902ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$33,490TotalAmt
Program Services$27,827ProgramServicesAmt
Management And General$5,663ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CASUALTY LOSS$9,383$9,383
TRASH REMOVAL$8,244$8,244
SUPPLIES$6,592$6,592
TELEPHONE$6,503$5,917$586

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$10,374TotalAmt
Program Services$9,316ProgramServicesAmt
Management And General$1,058ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$607,470TotalAmt
Program Services$576,042ProgramServicesAmt
Management And General$31,428ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$35EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$381BOYAmt
EOY$5,574EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$40,648BOYAmt
EOY$33,043EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$20,209BOYAmt
EOY$17,210EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,184,257LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,571,402LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,692,073BOYAmt
EOY$3,612,855EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$16,044BOYAmt
EOY$12,013EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,573,473BOYAmt
EOY$3,826,801EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,342,828BOYAmt
EOY$7,507,531EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$299,989BOYAmt
EOY$24,581EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,205BOYAmt
EOY$2,833EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$4,643,173BOYAmt
EOY$2,187,433EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,704BOYAmt
EOY$25,638EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,970,071BOYAmt
EOY$2,240,485EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,372,757BOYAmt
EOY$5,267,046EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,372,757BOYAmt
EOY$5,267,046EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,342,828BOYAmt
EOY$7,507,531EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$105,711ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$73,282CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$300,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$248,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,500CurrentTaxYearMinus1YearAmt
Total$698,282TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$73,282CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$300,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$248,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,500CurrentTaxYearMinus1YearAmt
Total$698,282TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$698,282PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$750CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$453CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$996CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$497CurrentTaxYearMinus1YearAmt
Current Tax Year$290CurrentTaxYearAmt
Total$2,986TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,071CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,315CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,996CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,413CurrentTaxYearMinus1YearAmt
Current Tax Year$8,297CurrentTaxYearAmt
Total$80,092TotalAmt
FieldValueIRS element (for citing)
Total Support$781,360TotalSupportAmt
Gross Receipts Rltd Activities$2,120,088GrossReceiptsRltdActivitiesAmt
Public Support CY1700.89370PublicSupportCY170Pct
Public Support PY1700.89240PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$371,812OtherCostOrOtherBasisAmt
Book Value$371,812BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,808,424OtherCostOrOtherBasisAmt
Depreciation$1,567,381DepreciationAmt
Book Value$3,241,043BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,021OtherCostOrOtherBasisAmt
Depreciation$4,021DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,612,855TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$1,025,727
DUE FROM SUBSIDIARIES$386,073
INVESTMENT IN L.P.$772,879
OPERATING RESERVE$39,431
PROJECT DEVELOPMENT FEES$1,467,664
RESERVE FOR REPLACEMENTS$109,389
TENANTS' SECURITY DEPOSITS$25,638
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,826,801TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTENANTS' SECURITY DEPOSITSDesc
Amt$25,638Amt
FieldValueIRS element (for citing)
Total Liability$25,638TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationCOMMUNITY SERVICES PROGRAMS, INC. AND HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY, INC. ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES HAVE BEEN CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A) OF THE CODE. THE ENTITIES PRESENTLY DISCLOSE OR RECOGNIZE INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ENTITIES HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS CONSOLIDATED FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ENTITIES ARE SUBJECT TO TAX EXAMINATION BY TAXING AUTHORITIES. MEADOW RIDGE CORPORATION, MEADOW RIDGE II HOUSING DEVELOPMENT FUND COMPANY, INC., DIMARCO PLACE II, INC., GREEN MEADOWS HOUSING DEVELOPMENT FUND COMPANY, INC., AND HIGHLAND MEADOWS SENIOR HOUSING DEVELOPMENT FUND COMPANY, INC., WHOSE ACCOUNTS ARE CONSOLIDATED IN THESE FINANCIAL STATEMENTS, ARE C-CORPORATIONS SUBJECT TO FEDERAL INCOME TAXES BUT ARE EXEMPPT FROM NEW YORK STATE TAXES. GREEN MEADOWS AFFORDABLE HOUSING CORP., WHOSE ACCOUNTS ARE ALSO CONSOLIDATED IN THESE FINANCIAL STATEMENTS, IS A C-CORPORATION SUBJECT TO FEDERAL AND NEW YORK STATE INCOME TAXES. THE CORPORATIONS PRESENTLY DISCLOSE OR RECOGNIZE INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE CORPORATIONS HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN THE CONSOLIDATED FINANCIAL STATEMENTS. U.S. FORMS 1120 FILED BY THE CORPORATIONS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJOAN ECKPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionOFFICER, ULSTER SAVINGS BANKRelationshipDescriptionTxt
Transaction$2,187,433TransactionAmt
TransactionMORTGAGE LOANSTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3COMMUNITY SERVICES PROGRAMS, INC., AN AFFILIATE, PROVIDES ALL STAFF FOR THE COMPLETION OF THE ACTIVITIES OF HUDSON VALLEY HOUSING DEVELOPMENT FUND COMPANY, INC.
FORM 990, PART VI, SECTION B, LINE 11FORM 990 IS DISTRIBUTED TO THE BOARD ELECTRONICALLY FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CPRIOR TO ANY BOARD ACTION, CONFLICTS OF INTEREST ARE SO NOTED AND RECORDED.
FORM 990, PART VI, SECTION B, LINE 15SALARIES FOR COMPARABLE POSITIONS/ORGANIZATIONS ARE REVIEWED.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED JULY 31, 2016.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
COMMUNITY SERVICES PROGRAMS INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590510139050LOW-INCOME HOUSINGNY501(C)(3)LINE 7N/A0
GREEN MEADOWS HDFC INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590263450340LOW-INCOME HOUSINGNY501(C)(3)LINE 7N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
MEADOW RIDGE I LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590020564415HOUSINGNYN/A0Yes (1)0.00100
MEADOW RIDGE II LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590203625429HOUSINGNYN/A0Yes (1)0.00100
DIMARCO PLACE II LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590550832363HOUSINGNYN/A0Yes (1)0.00100
GREEN MEADOWS APARTMENTS LP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590263450405HOUSINGNYN/A0Yes (1)0.00100

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
MEADOW RIDGE CORPORATION
5 GIVANS AVENUEWAPPINGERS FALLSNY12590030407632INVESTMENTNYN/AC1.000000
MEADOW RIDGE II HDFC INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590203519310INVESTMENTNYN/AC1.000000
DIMARCO PLACE II INC
5 GIVANS AVENUEWAPPINGERS FALLSNY12590550832444INVESTMENTNYN/AC1.000000
GREEN MEADOWS AFFORDABLE HOUSING CORP
5 GIVANS AVENUEWAPPINGERS FALLSNY12590264536325INVESTMENTNYN/AC1.000000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
DIMARCO PLACE II LP
D$416,391COST
MEADOW RIDGE II LP
D$684,071COST
GREEN MEADOWS APARTMENTS LP
E$69,895COST
MEADOW RIDGE I LP
E$4,840COST

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