2016-02-05T14:01:34-06:00 2015-06-30 161131146 BONADIO & CO LLP 6 WEMBLEY COURT ALBANY NY 12205 990 2014-07-01 141819599 TERESIAN HOUSE HOUSING CORPORATION TERE 5184522552 100 WHITE PINE DRIVE ALBANY NY 12203 FRANCIS FOLEY CHIEF EXECUTIVE OFFICER 5184522552 2016-02-05 1 KENNETH MCGIVNEY P01324731 5184644080 2016-02-05 2014 2016-04-25 22:37:26Z AVILA RETIREMENT FRANCIS FOLEY 100 WHITE PINE DRIVE ALBANY NY 12203 7309942 0 X WWW.AVILARETIREMENT.COM X 1999 NY TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILTIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. 5 5 139 5 0 0 0 0 7109301 7105666 12568 71031 4760 133245 7126629 7309942 0 0 0 0 2094967 2233277 0 0 0 5103170 5337856 7198137 7571133 -71508 -261191 38854534 37110716 60397166 59008095 -21542632 -21897379 TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILITIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. 0 0 6830037 7265911 THE FUNCTION OF THE TERESIAN HOUSE HOUSING CORPORATION, ALSO KNOW AS, AVILA RETIREMENT COMMUNITY, IS TO PROVIDE RESIDENTS WITH INDEPENDENT LIVING APARTMENTS AND COTTAGES AND TO PROVIDE THE RESIDENTS WITH CENTRAL DINING AND SPACE FOR A VARIETY OF SOCIAL AND RECREATIONAL ACTIVITIES 6830037 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 1 0 0 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 1 0 0 0 1 44 0 1 139 1 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X GLYNIS ALSTON-WALKER 5184590183 41 NORTH MAIN AVENUE ALBANY NY 12203 MICHAEL COSTELLO DIRECTOR 2.00 X 0 0 0 VINCENT COLONNO DIRECTOR 2.00 X 0 0 0 KENNETH RAYMOND DIRECTOR 2.00 X 0 0 0 BISHOP EDWARD SCHARFENBERGER PRESIDENT 2.00 X X 0 0 0 REV DAVID V BERBERIAN JCL DIRECTOR 2.00 X 0 0 0 JOHN SULLIVAN THROUGH 123114 CHIEF EXECUTIVE OFFICER 35.00 X 140945 0 7050 FRANCIS FOLEY CHIEF EXECUTIVE OFFICER 35.00 X 11538 0 0 152483 0 7050 0 0 0 0 SODEXHO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 1027364 BISHOP BEAUDRY CONSTRUCTION 4 NORMAN DR COLONIE NY 12205 CONSTRUCTION SERVICES 147683 DEPAUL HOUSING MANAGEMENT 41 N MAIN AVE ALBANY NY 12203 ACCOUNTING/PAYROLL & BENEFITS 118715 3 RESIDENT SERVICE FEES 532000 6378642 6378642 ENTRANCE FEES 532000 727024 727024 7105666 44031 44031 27000 0 27000 27000 27000 MISCELLANEOUS INCOME 531390 103245 103245 INSURANCE RECOVERY 531390 30000 30000 133245 7309942 7265911 0 44031 159533 143579 15954 1576096 1264151 311945 20194 20194 313370 311749 1621 164084 164084 159285 118715 40570 12425 12425 49305 49305 52370 52370 40321 40321 16847 16847 624370 532962 91408 284 284 2327 2327 526663 526663 1200223 1200223 152964 152964 SERVICE CONTRACT 1194938 1194938 GROUNDS AND MAINTENANCE 516694 516694 LETTER OF CREDIT AND BA 385173 370779 14394 GROUND LEASE 164765 164765 238902 95207 143695 7571133 6830037 741096 0 3241414 2831035 352068 13794 158221 195558 43583052 14346493 30162535 29236559 2424858 2357039 208518 163835 2306920 2312896 38854534 37110716 724589 416777 7089 29173 16980000 16420000 140791 67346 5020000 5077993 1865034 0 35659663 36996806 60397166 59008095 X -21542632 -21897379 -21542632 -21897379 38854534 37110716 X -261191 -1189 -92367 X X 0 1 X 1 0 X 5349218 5992487 6427946 7109301 7265911 32144863 5349218 5992487 6427946 7109301 7265911 32144863 0 0 0 32144863 5082 2518 5408 12568 44031 69607 5082 2518 5408 12568 44031 69607 5354300 5995005 6433354 7121869 7309942 32214470 0.99780 0.99860 0.00220 0.00140 X 0 0 41964072 13081043 28883029 407156 223951 183205 1211824 1041499 170325 29236559 MUNICIPAL OBLIGATIONS 2357039 F 2357039 ASSETS WHOSE USE IS LIMITED 2312896 2312896 UNEARNED ENTRANCE FEES 618403 REFUNDABLE ENTRANCE FEES 34211486 INTEREST RATE SWAP 301883 LOAN PAYABLE - ROMAN CATHOLIC DIOCESE 1865034 36996806 7308753 -1189 -1189 7309942 0 7309942 7663500 92367 92367 7571133 0 7571133 PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 92,367. X 0 0 0 0 0 0 0 0 0 A DORMITORY AUTHORITY OF STATE OF NY 146000293 64983UJP6 2003-07-22 40265000 CONSTRUCTION OF RETIREMENT COMMUNITY 1 0 0 A 40265000 1852678 659797 3414839 34337686 2004 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 M&T BANK 12.000000000000 0 0 0 0 1 A 0 SCHEDULE K, PART IV, LINE 2C 7/21/13 FORM 990, PART VI, SECTION A, LINE 2 MICHAEL COSTELLO PROVIDES LEGAL SERVICES TO THE ORGANIZATION AND THE ROMAN CATHOLIC DIOCESE OF ALBANY TO WHICH BISHOP EDWARD SCHARFENBERGER, BOARD PRESIDENT, IS A PART OF. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT COMPANY IS RESPONSIBLE FOR ADMINISTRATIVE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING MEMBERS: HOWARD J. HUBBARD, MICHAEL FARANO, AND MICHAEL COSTELLO, OR SUCH OTHER PERSON OR CORPORATION ORGANIZED PURSUNAT TO SECTION 102 OF THE NOT-FOR-PROFIT CORPORATION LAW AND EXEMPT FROM TAXATION UNDER 501(A) OF THE INTERNAL REVENUE CODE AS MAY BE DESIGNATED BY THE ROMAN CATHOLIC DIOCESE OF ALBANY, NEW YORK. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ORGANIZATION HAVE RESERVED POWERS TO ELECT OR REMOVE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE AGENCY HAS A BOARD OF DIRECTORS THAT HOLDS SEVERAL BOARD MEETINGS THROUGHOUT THE YEAR. MATTERS THAT NEED TO BE HANDLED ARE DISCUSSED AND ADDRESSED AT THESE MEETINGS. MINUTES ARE TAKEN AT EACH MEETING AND THEN COPIES ARE DISTRIBUTED ALONG WITH THE MANGEMENT REPORT PRIOR TO OR AT THE NEXT MEETING. THERE ARE NO OTHER COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 AS PART OF THE ANNUAL AUDIT, OUR INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARES A DRAFT OF FORM 990 AND RELATED SUPPORTING SCHEDULES FROM OUR INTERNAL RECORDS. WE DESIGNATE AN INDIVIDUAL WITH SUITABLE SKILL, KNOWLEDGE, OR EXPERIENCE TO OVERSEE THESE SERVICES AND WE MAKE ALL MANAGEMENT DECISIONS AND PERFORM ALL MANAGEMENT FUNCTIONS. WE HAVE REVIEWED, APPROVED, AND ACCEPTED RESPONSIBILITY FOR FORM 990 AND THE RELATED SCHEDULES AND BELIEVE THEY ARE ADEQUATELY SUPPORTED BY THE BOOKS AND RECORDS OF TERESIAN HOUSE HOUSING CORPORATION. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS DISCLOSE OR DISCLAIM ANY RELATED PARTY RELATIONSHIPS AS PART OF BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 SUCH INFORMATION IS PROVIDED IF REQUESTED. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -92,367. FORM 990, PART XII, LINE 1: NO CHANGE IN METHOD OF ACCOUNTING FROM THE PRIOR YEAR. ROMAN CATHOLIC DIOCESE OF ALBANY 40 NORTH MAIN AVENUE ALBANY NY 12203 141347456 CHURCH NY 501(C)(3) LINE 9 N/A 0 DEPAUL HOUSING MANAGEMENT CORPORATION 41 NORTH MAIN AVENUE ALBANY NY 12203 141610773 DEVELOPS AND OPERATES SENIOR HOUSING COMMUNITIES NY 501(C)(3) LINE 9 N/A 0 THE DIOCESAN INVESTMENT AND LOAN TRUST 40 NORTH MAIN AVENUE ALBANY NY 12203 207363264 TRUST NY N/A T 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 DEPAUL HOUSING MANAGEMENT CORPORATION M 118715 FMV DIOCESAN INVESTMENT AND LOAN TRUST A 28251 FMV ROMAN CATHOLIC DIOCESE OF ALBANY E 1865034 FMV SCHEDULE R, PART V, LINE 2(2) $1,430,245 OF THE ORGANIZATION'S INVESTMENT FUNDS ARE HELD BY THE DIOCESAN INVESTMENT AND LOAN TRUST, A RELATED ENTITY.