2016-01-15T14:24:36-06:00 2015-08-31 161170608 TOSKI & CO CPAS PC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2014-09-01 161092291 KEUKA HOUSING COUNCIL INC KEUK 3155368707 160 MAIN STREET PENN YAN NY 14527 PATRICK GALVIN VICE PRESIDENT 3155368707 2016-01-15 1 JOHN T O'BRIEN MBA MST P01253588 7166340700 2016-01-15 2014 2016-04-25 22:37:26Z PATRICK GALVIN 160 MAIN STREET PENN YAN NY 14527 781977 0 X WWW.KEUKAHOUSINGCOUNCIL.ORG X 1977 NY TO IMPROVE THE QUALITY AND QUANTITY OF HOUSING IN YATES COUNTY. 11 11 9 10 0 0 711273 542457 638307 225781 567 347 29410 13392 1379557 781977 379951 277875 0 0 191848 225230 0 0 0 226277 302371 798076 805476 581481 -23499 1673948 1505459 914181 791858 759767 713601 TO IMPROVE THE QUALITY AND QUANTITY OF HOUSING IN YATES COUNTY. 0 0 738929 277875 238826 TO IMPROVE THE QUANTITY OF AFFORDABLE HOUSING BY PROVIDING INFORMATION AND ASSISTANCE AS WELL AS RECEIVING AND MANAGING THE FUNDS NECESSARY TO CONSTRUCT AND REHABILITATE HOUSING, INCLUDING RENTAL COUNSELING, HOMEBUYER COUNSELING, FORECLOSURE COUNSELING, GRANT WRITING, ADMINISTRATION OF GRANTS, REHABILITATION AND PROJECT DEVELOPMENT. TO PROVIDE AFFORDABLE RENTAL PROPERTY TO LOW INCOME INDIVIDUALS AND FAMILIES 738929 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 1 0 0 0 1 18 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X ADAM HUNT 3155368707 160 MAIN STREET PENN YAN NY 14527 LEIGH HERRINGTON PRESIDENT 2.00 X X 0 0 0 PAT GALVIN VICE PRESIDENT 2.00 X X 0 0 0 SCARLETT EMERSON SECRETARY 2.00 X X 0 0 0 RITA GOW TREASURER 2.00 X X 0 0 0 DEBORAH MINOR DIRECTOR 2.00 X 0 0 0 JANE BOYD DIRECTOR 2.00 X 0 0 0 HELEN SCHILLINGER DIRECTOR 2.00 X 0 0 0 GREG MILLER DIRECTOR 2.00 X 0 0 0 BOBBY JO MILTON DIRECTOR 2.00 X 0 0 0 DAVID ENGLISH DIRECTOR 2.00 X 0 0 0 KAREN HADLEY DIRECTOR 2.00 X 0 0 0 RENEE BLOOM EXECUTIVE DIREC 35.00 X 48922 0 0 48922 0 0 0 0 0 0 0 524724 17733 542457 RENTAL INCOME 531110 206567 206567 MANAGEMENT FEES 531311 15574 15574 HOME OWNERSHIP PROGRAM 624200 3640 3640 225781 347 347 REIMBURSED MAINTENANCE 531390 13045 13045 MISCELLANEOUS 900099 347 347 13392 781977 238826 0 694 277875 277875 48923 41975 6948 149549 128310 21239 11314 9707 1607 15444 13251 2193 3796 3796 12444 6394 6050 536 394 142 1375 1375 35011 35011 12122 12122 35920 35920 73865 73865 19769 14599 5170 WRITE-DOWN OF PROPERTY 41504 41504 REPAIRS & MAINTENANCE 40433 35777 4656 SUPPLIES 9343 9343 TELEPHONE 5323 3175 2148 10930 8033 2897 805476 738929 66547 0 266309 209962 268335 101807 36771 47012 94794 7729 10957 1607046 778023 708416 829023 305738 73627 33638 185289 1673948 1505459 39627 22835 108045 112501 591263 471740 175246 184782 914181 791858 X 589759 634034 170008 79567 759767 713601 1673948 1505459 X -23499 -22667 X X 0 1 X 1 0 X 572360 1041142 784959 711273 542457 3652191 572360 1041142 784959 711273 542457 3652191 3652191 64 2945 677 567 347 4600 37861 41447 2050 11178 347 92883 3749674 971697 0.97400 0.95950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 1577856 759193 818663 19190 18830 360 829023 TENANTS SECURITY DEPOSIT 6634 OPERATING RESERVE 7360 RESERVE FOR REPLACEMENTS 22557 VINEYARDS HILL DEVELOPMENT DEPOSIT 5066 PROPERTY HELD FOR RESALE 143672 185289 TENANT SECURITY DEPOSITS 6634 ACCRUED INTEREST 178148 184782 X 781977 0 781977 0 781977 805476 0 805476 0 805476 PART X, LINE 2: KHC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE KHC HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE KHC PRESENTLY DISCLOSES OR RECOGNIZES 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 KHC HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN IT FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE KHC ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. KHC IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEARS ENDED AUGUST 31, 2011 AND PRIOR. 0 EMERGENCY FLOOD ASSISTANCE 38 100537 HOME-BUYER ASSISTANCE 10 127717 HOME REPAIR - REPLACEMENT 3 18709 AFFORDABLE HOUSING - REHAB 2 30912 FORM 990, PART VI, SECTION A, LINE 2 THE BROTHER OF THE EXECUTIVE DIRECTOR IS A MEMBER OF THE BOARD OF DIRECTORS. GREG MILLER IS A BROTHER OF THE EXECUTIVE DIRECTOR RENEE BLOOM FORM 990, PART VI, SECTION B, LINE 11 REVIEWED AT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY, AND WITH NEW BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE PERSONNEL COMMITTEE. THE PERSONNEL COMMITTE MAKE PAY RECOMENDATIONS FOR ALL EMPLOYEES BASED ON JOB, PERFORMANCE, AND COMPARIBLE PAYRATE DATA AT OTHER ORGANIZATIONS FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: LOSS ON INVESTMENT IN RELATED ENTITY -22,667. FORM 990 PART XII LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED AUGUST 31, 2015. WHITNEY HEIGHTS ASSOCIATES LP 160 MAIN STREET PENN YAN NY 14527 161428196 LOW-INCOME HOUSING NY KHC DEVELOPMENT CORP RELATED 0 0 0.01000 KHC DEVELOPMENT CORPORATION 160 MAIN STREET PENN YAN NY 14527 223195873 INVESTMENT NY KEUKA HOUSING COUNCIL C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 WHITNEY HEIGHTS ASSOCIATES LP L 28619 FMV