PROGRAM DEVELOPMENT SERVICES INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: PROGRAM DEVELOPMENT SERVICES INC (EIN 11-2715916)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2016-05-12
IRS object ID: 201621339349305792
Schema version: 2014v6.0
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
Form 990
Schedule A
Schedule D
Schedule J
Schedule K
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-05-12T17:45:29-05:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	J GLIKSMAN CPA PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5417 18TH AVENUE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11204	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	112715916	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PROGRAM DEVELOPMENT SERVICES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PROG	BusinessNameControlTxt
Phone	7182362226	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6908 NEW UTRECHT AVENUE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11228	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LYNN VAIRO	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	7182362226	PhoneNum
Signature	2016-05-12	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
PTIN	P01472938	PTIN
Phone	7182348181	PhoneNum
Preparation	2016-05-11	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	LYNN VAIRO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6908 NEW UTRECHT AVENUE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11228	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$20,259,955	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1983	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	SERVICES FOR THE DEVELOPMENTALLY DISABLED	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	347	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$27,988	PYContributionsGrantsAmt
CY Contributions Grants	$35,394	CYContributionsGrantsAmt
PY Program Service Revenue	$19,145,837	PYProgramServiceRevenueAmt
CY Program Service Revenue	$20,051,292	CYProgramServiceRevenueAmt
PY Investment Income	$69,652	PYInvestmentIncomeAmt
CY Investment Income	$43,858	CYInvestmentIncomeAmt
PY Other Revenue	$105,516	PYOtherRevenueAmt
CY Other Revenue	$129,411	CYOtherRevenueAmt
PY Total Revenue	$19,348,993	PYTotalRevenueAmt
CY Total Revenue	$20,259,955	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,612,755	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$12,563,347	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,257,978	PYOtherExpensesAmt
CY Other Expenses	$7,158,856	CYOtherExpensesAmt
PY Total Expenses	$18,870,733	PYTotalExpensesAmt
CY Total Expenses	$19,722,203	CYTotalExpensesAmt
PY Revenues Less Expenses	$478,260	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$537,752	CYRevenuesLessExpensesAmt
Total Assets BOY	$13,385,680	TotalAssetsBOYAmt
Total Assets EOY	$13,979,795	TotalAssetsEOYAmt
Total Liabilities BOY	$6,652,715	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$6,706,871	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$6,732,965	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,272,924	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SERVICES FOR THE DEVELOPMENTALLY DISABLED	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$16,394,682	ExpenseAmt
Revenue	$18,678,683	RevenueAmt
Desc	RESIDENTIAL FACILITIES: PROVIDES ROOM & BOARD,CLINICAL & COUNSELING SERVICES TO 170 CLIENTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$773,828	ExpenseAmt
Revenue	$879,059	RevenueAmt
Desc	DAY HABILITATION: PROVIDES A STRUCTURED PROGRAM FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$478,303	ExpenseAmt
Revenue	$524,181	RevenueAmt
Desc	MEDICAID SERVICE COORDINATOR & CASE MANAGEMENT PROVIDES COUNSELING & SUPPORT TO ITS CLIENTS	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$26,382	ExpenseAmt
Revenue	$10,188	RevenueAmt
Desc	ASSISTIVE SUPPORT FOR HIGH FUNCTIONING CLIENTS	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$26,382	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$10,188	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$17,673,195	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	53	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	347	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	AGENCY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7182362226	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6908 NEW UTRECHT AVENUE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11228	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DR MARTIN J BRENNAN
PRESIDENT	0.00	Yes (X)	$0	$0	$0
ROBERT OSTRANDER
VICE PRESIDENT	0.00	Yes (X)	$0	$0	$0
JOHN MARTINELLI
SECRETARY	0.00	Yes (X)	$0	$0	$0
SALVATORE MULIA
BOARD MEMBER	0.00	Yes (X)	$0	$0	$0
FRANCIS KELLY
BOARD MEMBER	0.00	Yes (X)	$0	$0	$0
JOHN LOOSEN
BOARD MEMBER	0.00	Yes (X)	$0	$0	$0
RICHARD MURRAY
ASSOCIATE DIRECTOR	35.00		$301,410	$0	$33,161	Yes (X)
LYNN VAIRO
EXECUTIVE DIRECTOR	35.00		$185,106	$0	$10,068	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$486,516	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$43,229	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$26,160	GovernmentGrantsAmt
All Other Contributions	$9,234	AllOtherContributionsAmt
Total Contributions	$35,394	TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,051,292	TotalRevenueColumnAmt
Related Or Exempt Func Income	$20,051,292	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$20,051,292	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$43,858	TotalRevenueColumnAmt
Exclusion	$43,858	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER INCOME	524126	$88,592	$88,592
OTHER INCOME	900099	$40,819		$40,819

Field	Value	IRS element (for citing)
Other Revenue Total	$129,411	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,259,955	TotalRevenueColumnAmt
Related Or Exempt Func Income	$20,092,111	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$132,450	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$405,172	TotalAmt
Management And General	$405,172	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,037,644	TotalAmt
Program Services	$8,753,946	ProgramServicesAmt
Management And General	$283,698	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,973,217	TotalAmt
Program Services	$1,632,158	ProgramServicesAmt
Management And General	$341,059	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,147,314	TotalAmt
Program Services	$986,679	ProgramServicesAmt
Management And General	$160,635	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$50,000	TotalAmt
Management And General	$50,000	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$80,171	TotalAmt
Management And General	$80,171	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$41,325	TotalAmt
Management And General	$41,325	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$34,055	TotalAmt
Program Services	$34,055	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$11,855	TotalAmt
Program Services	$516	ProgramServicesAmt
Management And General	$11,339	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$147,806	TotalAmt
Program Services	$12,980	ProgramServicesAmt
Management And General	$134,826	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$107,399	TotalAmt
Program Services	$51,027	ProgramServicesAmt
Management And General	$56,372	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,279,772	TotalAmt
Program Services	$1,145,214	ProgramServicesAmt
Management And General	$134,558	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$163,001	TotalAmt
Program Services	$153,005	ProgramServicesAmt
Management And General	$9,996	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$205,710	TotalAmt
Program Services	$202,730	ProgramServicesAmt
Management And General	$2,980	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$487,062	TotalAmt
Program Services	$473,993	ProgramServicesAmt
Management And General	$13,069	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$182,385	TotalAmt
Program Services	$151,029	ProgramServicesAmt
Management And General	$31,356	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
DAY SERVICES	$1,986,264	$1,986,264
FOOD	$561,694	$558,992	$2,702
CLIENT EXP.	$449,066	$448,828	$238
SUPPLIES	$388,470	$355,363	$33,107

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$982,821	TotalAmt
Program Services	$726,416	ProgramServicesAmt
Management And General	$256,405	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$19,722,203	TotalAmt
Program Services	$17,673,195	ProgramServicesAmt
Management And General	$2,049,008	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,446,876	BOYAmt
EOY	$2,191,755	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,023,930	BOYAmt
EOY	$2,006,500	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,543,638	BOYAmt
EOY	$1,369,938	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$171,144	BOYAmt
EOY	$147,915	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$10,806,178	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,356,748	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$5,781,688	BOYAmt
EOY	$5,449,430	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$861,870	BOYAmt
EOY	$1,329,069	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,556,534	BOYAmt
EOY	$1,485,188	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$13,385,680	BOYAmt
EOY	$13,979,795	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,495,792	BOYAmt
EOY	$1,541,657	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,010,833	BOYAmt
EOY	$2,545,833	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,168,310	BOYAmt
EOY	$998,250	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$977,780	BOYAmt
EOY	$1,621,131	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,652,715	BOYAmt
EOY	$6,706,871	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,732,965	BOYAmt
EOY	$7,272,924	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,732,965	BOYAmt
EOY	$7,272,924	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,385,680	BOYAmt
EOY	$13,979,795	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$537,752	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$2,207	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$52,125	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$25,655	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$21,138	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$27,988	CurrentTaxYearMinus1YearAmt
Current Tax Year	$35,394	CurrentTaxYearAmt
Total	$162,300	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$18,589,079	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,911,504	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18,591,954	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$19,145,837	CurrentTaxYearMinus1YearAmt
Current Tax Year	$20,051,292	CurrentTaxYearAmt
Total	$95,289,666	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$18,641,204	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,937,159	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18,613,092	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$19,173,825	CurrentTaxYearMinus1YearAmt
Current Tax Year	$20,086,686	CurrentTaxYearAmt
Total	$95,451,966	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$95,451,966	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$6,748	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$127,269	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10,925	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$69,652	CurrentTaxYearMinus1YearAmt
Current Tax Year	$43,858	CurrentTaxYearAmt
Total	$258,452	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$6,748	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$127,269	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10,925	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$69,652	CurrentTaxYearMinus1YearAmt
Current Tax Year	$43,858	CurrentTaxYearAmt
Total	$258,452	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$55,693	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$105,149	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$131,879	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$105,516	CurrentTaxYearMinus1YearAmt
Current Tax Year	$129,411	CurrentTaxYearAmt
Total	$527,648	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$18,703,645	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$19,169,577	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18,755,896	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$19,348,993	CurrentTaxYearMinus1YearAmt
Current Tax Year	$20,259,955	CurrentTaxYearAmt
Total	$96,238,066	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99180	PublicSupportCY509Pct
Public Support PY509	0.99290	PublicSupportPY509Pct
Investment Income CY	0.00270	InvestmentIncomeCYPct
Investment Income PY	0.00230	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$770,009	OtherCostOrOtherBasisAmt
Book Value	$770,009	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,697,770	OtherCostOrOtherBasisAmt
Depreciation	$4,279,583	DepreciationAmt
Book Value	$4,418,187	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$373,891	OtherCostOrOtherBasisAmt
Depreciation	$306,387	DepreciationAmt
Book Value	$67,504	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$964,508	OtherCostOrOtherBasisAmt
Depreciation	$770,778	DepreciationAmt
Book Value	$193,730	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$5,449,430	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (48 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
MICROSOFT CORP FIXED RT NT 2.5% 02/08/16	$60,743	F
GOOGLE INC NT FIXED RT 2.125% 05/19/16	$60,895	F
TOYOTA MTR CR CORP MEDIUM TERM NTS 2.050% 01/12/17	$60,951	F
JPMORGAN CHASE & CO NT 2% 08/15/17	$60,608	F
BERKSHIRE HATHAWAY INC DEL FIXED RATE 1.550% 02/09/18	$60,288	F
BP CAP MKTS P L C GTD NT 2.241% 09/26/18	$60,869	F
GENERAL ELEC CAP CORP MEDIUM TERM NTS 2.300% 01/14/19	$60,832	F
APPLE INC SR FXD RT NT 2.100% 05/06/19	$60,604	F
PNC BK N A PITTSBURGH PA MEDIUM 2.4% 10/18/19	$60,397	F
MEDTRONIC PLC SHS 275.000	$20,377	F
AVAGO TECHNOLOGIES LTD SHS 125.000	$16,616	F
FLEXTRONIC INTL LTD ORD SHS 2,100.000	$23,751	F
ABBVIE INC COM 340.000	$22,845	F
AIR PRODS & CHEMS INC COM 100.000	$13,683	F
AMERICAN ELECTRIC POWER CD 300.000	$15,891	F
AMERICAN INTL GROUP INC COM NEW 300.000	$18,546	F
ANADARKO PETE CORP COM 150.000	$11,709	F
APPLE INC COM 266.000	$33,363	F
AVIS BUDGET GROUP INC COM 350.000	$15,428	F
CBRE GROUP INC CL A 550.000	$20,350	F
CVS HEALTH CORP COM 250.000	$26,220	F
CANADIAN PAC RY LTD COM 65.000	$10,415	F
CITIGROUP INC COM NEW 350.000	$19,334	F
DUNKIN BRANDS GROUP INC COM 375.000	$20,625	F
EQUINIX INC COM 103.000	$26,162	F
FIRST AMERN FINL CORP COM 500.000	$18,605	F
GALLAGHER ARTHUR J & CO 700.000	$33,110	F
GOOGLE INC CL A 50.000	$27,002	F
HD SUPPLY HLDGS INC COM 350.000	$12,313	F
LOCKHEED MARTIN CORP COM 100.000	$18,590	F
MARSH & MCLENNAN COS INC COM 325.000	$18,428	F
NORTHORP GRUMMAN CORP COM 150.000	$23,795	F
PFIZER INC COM 700.000	$23,471	F
PHILLIPS 66 PARTNERS LP COM UNIT REPSTG 300.000	$21,600	F
QUANTA SVCS INC COM 1250.000	$36,025	F
SIGNATURE BK NEW YORK N Y COM 100.000	$14,639	F
SKYWORKS SOLUTIONS INC COM 175.000	$18,217	F
SMUCKER J M CO COM NEW 65.000	$7,047	F
SPIRIT AEROSYTMENTS HLDGS INC CL A 450.000	$24,800	F
SPIRIT AIRLS INC COM 225.000	$13,972	F
STARBUCKS CORP COM 250.000	$13,404	F
TIME INC NEW COM 775.000	$17,833	F
TIME WARNER INC NEW COM NEW 300.000	$26,223	F
TOWERS WASTON & CO CL A 100.000	$12,580	F
VCA INC COM 300.000	$16,321	F
VISTEON CORP COM NEW 275.000	$28,870	F
WELLS FARGO & CO NEW COM 300.000	$16,872	F
NORTHSTAR RLTY FIN CORP COM NEW 1500.000	$23,850	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$1,329,069	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
DEPOSITS	$126,893
MORTGAGE CLOSING COSTS	$251,702
ESCROW	$198,444
RESERVE FUND	$908,149

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$1,485,188	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	DUE TO OPWDD	Desc
Amt	$1,621,131	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,621,131	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$20,262,162	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$2,207	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$2,207	RevenueNotReportedAmt
Revenue Subtotal	$20,259,955	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$20,259,955	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$19,722,203	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$19,722,203	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$19,722,203	TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RICHARD MURRAY
ASSOCIATE DIRECTOR	$301,410	$0	$0	$0	$0	$0	$15,199	$0	$17,962	$0	$334,571	$0	$0	$0
LYNN VAIRO
EXECUTIVE DIRECTOR	$185,106	$0	$0	$0	$0	$0	$2,247	$0	$7,821	$0	$195,174	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4B	FormAndLineReferenceDesc
Explanation	RICHARD MURRAY $13,500.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NYC INDUSTRIAL DEVELOPEMENT AGENCY
A	132906040	647438GJ1	2008-01-30	$2,120,000	IMPROVEMENTS	0	0	Yes (1)
DORMITORY AUTHORITY OF STATE OF NY
B	146000293	649906TX2	2012-03-29	$2,595,951	CONSTUCT AND EQUIP FACILITY	0	0	Yes (1)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$1,175,000	$2,120,000	$159,417	$42,000	$1,918,183	2007	0	0	0	0
B	$1,035,000	$2,595,951	$237,495	$51,919	$2,306,537	2011	0	0	0	0

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	Yes (1)
B	0	0	0	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	0	0	Yes (1)	0	0	0	0	Yes (1)
B	0	0	0	0	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: NYC INDUSTRIAL DEVELOPEMENT AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/25/2013
SCHEDULE K SUPPLENTAL INFORMATION	PART III, ITEM 7: MANAGEMENT MAINTAINS BUSINESS PRACTICES IN LINE WITH THE NOT-FOR-PROFIT MISSION OF THE AGENCY AND STAYS CURRENT WITH CONTINUING DISCLOSURE REQUIREMENTS.
SCHEDULE K, PART III, ITEM 9, PART IV, ITEM 7, AND PART V:	PROGRAM DEVELOPMENT SERVICES INC. IMPLEMENTED A POST-ISSUANCE COMPLIANCE POLICY ON 6/28/16. THIS POLICY INCLUDES WRITTEN PROCEDURES TO ENSURE THAT VIOALTIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	RICHARD MURRAY	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	FAMILY MEMBER OF VICE PRESIDENT	RelationshipDescriptionTxt
Transaction	$135,949	TransactionAmt
Transaction	EMPLOYMENT	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	ROBERT OSTRANDER AND RICHARD MURRAY ARE BROTHERS-IN-LAW
FORM 990, PART VI, SECTION B, LINE 11	PRIOR TO RELEASE OF 990 IT IS REVIEWED FOR CORRECTNESS BY THE BOARD OF TRUSTEES
FORM 990, PART VI, SECTION B, LINE 12C	ANNUALLY EACH BOARD MEMBER IS ASKED IF ANY CONFLICTS OF INTEREST HAVE ARISEN SINCE THE PREVIOUS YEAR.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION WAS COMPARED TO SIMILAR ORGANIZATIONS AND FOUND TO BE APPROPRIATE
FORM 990, PART VI, SECTION C, LINE 19	AVAILABLE AT AGENCY UPON REQUEST
FORM 990, PART VII	DR. MARTIN J. BRENNAN - 278 HAMILTON ROAD, ROCKVILLE CENTER, NY 11570. ROBERT OSTRANDER - 254 FLEMING LANE, FAIRFIELD, CT 06439. JOHN MARTINELLI - 48 WALLBOOKE AVE., STATEN ISLAND, NY 10301. SALVATORE MULIA - 6 SALEM DRIVE, WESTPORT, CT 06886. FRANCIS KELLY - 76 CANTON CT., BROOKLYN, NY 11229. JOHN LOOSEN - 34 SOMERSET PLACE, MATAWAN, NJ 07047. RICHARD MURRAY - 22 RAINBOW TRAIL, SPARTA, NJ 07871. LYNN VAIRO - 199 W. 10TH ST., NEW YORK, NY 10014.