2015-03-27T14:22:05-05:00 2014-06-30 221478099 COHNREZNICK LLP 1212 AVENUE OF THE AMERICAS NEW YORK NY 10036 990 2013-07-01 112290832 HANAC INC HANA 2128408005 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 JOHN P KAITERIS EXECUTIVE DIRECTOR/CEO 2128408005 2015-03-20 1 THOMAS LANNING P00851654 2122970400 2013 2016-03-07 17:11:31Z JOHN P KAITERIS 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 10194030 0 X WWW.HANAC.ORG X 1972 NY TO DEVELOP, IMPLEMENT AND ADMINISTER THE OPERATION OF SERVICE PROGRAMS FOR THE BETTERMENT OF THE COMMUNITY. 11 11 336 277 0 0 10096439 9485880 235995 466410 26662 19297 1503388 145254 11862484 10116841 0 0 0 0 6590503 6288711 68000 0 68604 4524430 3641067 11182933 9929778 679551 187063 19279934 19380597 13984029 13897629 5295905 5482968 X TO DEVELOP, IMPLEMENT AND ADMINISTER VARIOUS SERVICES FOR THE BETTERMENT OF THE GENERAL COMMUNITY INCLUDING SOCIAL, EDUCATIONAL, EMPLOYMENT TRAINING, MENTAL HEALTH, CULTURAL, CHILD CARE, HOUSING, HOME CARE FOR SENIOR CITIZENS, AND YOUTH SERVICES, TO ANY AND ALL WHO ARE NEEDY WITHOUT DISCRIMINATION AS TO RACE, CREED, NATIONAL ORIGIN OR OTHER DEFINING CHARACTERISTIC, AND TO WORK CLOSELY WITH OTHER SERVICE PROVIDERS, THE CITY, STATE AND FEDERAL GOVERNMENT FOR THE BETTERMENT OF THE COMMUNITY. 0 0 2228223 82930 AGING -THE HANAC SENIOR CENTERS OFFER CITIZENS, AGE 60 AND ABOVE, AN OPPORTUNITY TO GATHER IN A CONGENIAL ENVIRONMENT TO PARTICIPATE IN ACTIVITIES THAT WILL ENHANCE THEIR ABILITY TO REMAIN ACTIVE AND INVOLVED IN THEIR COMMUNITY. THE JVL SENIOR CENTER AND ITS SATELLITE THE ARCHBISHOP IAKOVOS SENIOR CENTER ARE YEAR ROUND PROGRAMS THAT OPERATE DAILY FORM 9 AM TO 4PM WITH SCHEDULED PROGRAMMING THAT OFFER MEMBERS ACTIVE INFORMAL AND PLANNED SOCIAL ACTIVITIES; THE OPPORTUNITY TO DEVELOP NEW FRIENDSHIPS, INTEREST, HOBBIES, AND EDUCATIONAL OPPORTUNITIES; REFERRALS FOR SOCIAL SERVICES; AND, A DAILY LUNCHEON PROGRAM. MEMBERS ARE ENCOURAGED TO PLAY AN ACTIVE ROLE IN PROGRAM PLANNING AND IN THE DAILY OPERATIONS OF THE CENTERS. THE ADVISORY COMMITTEE, AT EACH CENTER, IS COMPRISED OF SENIOR CITIZENS AND COMMUNITY LEADERS AND MEETS REGULARLY TO DISCUSS PROGRAMMATIC ISSUES AND TO FORMULATE NEW GOALS FOR THE PROGRAM. A STRONG EMPHASIS IS PLACED ON SERVICES TO THE FRAIL ELDERLY. THIS PROGRAM SERVICES ALMOST 50,000 MEALS ANNUALLY WITH 970 EDUCATIONAL/RECREATIONAL ACTIVITIES AND 12 NUTRITION CLASSES. THIS PROGRAM IS FUNDED THROUGH THE NEW YORK CITY DEPARTMENT FOR THE AGING WITH A BUDGET OF $2,088,460; MEALS AND ACTIVITIES TO OVER 2,000 ELDERLY CLIENTS. 1751062 YOUTH SERVICES - PROVIDES AFTER SCHOOL PROGRAMS IN SCHOOLS TO ELEMENTARY AND HIGH SCHOOL STUDENTS. HOMEWORK HELP, TUTORING, ARTS AND CRAFTS, SPORTS AND CURRICULUM BASED PROGRAMMING IS PROVIDED. ONE PROGRAM JUST PROVIDES A LITERACY PROGRAM TO STUDENTS IN NEED OF THESE SERVICES. 1693081 387366 RESIDENTIAL -THE WEATHERIZATION ASSISTANCE PROGRAM IS COMMITTED TO REDUCING HEATING AND ELECTRICAL COSTS WHILE INCREASING COMFORT FOR LOW-INCOME FAMILIES BY IMPROVING THE ENERGY EFFICIENCY OF THEIR HOMES. ONCE AN APPLICANT IS DEEMED ELIGIBLE, A COMPREHENSIVE ENERGY ANALYSIS OF THE APPLICANT'S HOME IS CONDUCTED. BASED ON THAT ANALYSIS AND THE FUNDS AVAILABLE, WEATHERIZATION MEASURES ARE INSTITUTED WHICH HAVE BEEN DETERMINED TO BE THE MOST COST-EFFECTIVE IN REDUCING THE APPLICANT'S ENERGY CONSUMPTION WHILE INCREASING THEIR COMFORT. WE PROVIDE ENERGY CONSERVATION MEASURES SUCH AS HIGH EFFICIENCY LIGHTING, ENERGY STAR REFRIGERATORS, ROOF INSULATION, BOILER AND WINDOW REPAIR AND REPLACEMENT AND MUCH MORE, DEPENDING ON ENERGY ANALYSIS OF EACH BUILDING. ANY SIZE BUILDING IS ELIGIBLE TO APPLY. WEATHERIZATION IS THE ONLY NEW YORK STATE DEPARTMENT OF HOUSING AND COMMUNITY RENEWAL (NYSDHCR) SPONSORED PROGRAM THAT EFFECTIVELY DEALS WITH ENERGY CONSERVATION AND GIVES BOTH SHORT-TERM AND LONG-TERM SAVINGS BENEFITS TO LANDLORD AND TENANTS. 911536 188457 SOCIAL SERVICES - PROVIDES ASSISTANCE WITH ENTITLEMENTS INFORMATION AND REFERRAL SERVICES TO SENIORS, FAMILIES, INDIVIDUALS AND IMMIGRANTS. SERVICES RANGE FROM SENIOR ENTITLEMENTS, FAMILY COUNSELING, HOUSING, MEDICARE PART D, IMMIGRATION ASSISTANCE AND COUNSELING, CAREGIVERS SERVICES. 766981 EDUCATION - THE HANAC BEGIN PROGRAM MISSION IS TO ASSIST STUDENTS TO BECOME FINANCIALLY INDEPENDENT BY INCREASING THEIR ACADEMIC SKILLS AND PROVIDING THEM WITH JOB READINESS AND WORK EXPERIENCE PUBIC ASSISTANT RECIPIENTS THAT RESIDE IN MANHATTAN AND PARTS OF THE BRONX ARE ELIGIBLE TO PARTICIPATE IN THE PROGRAM AND ARE REFERRED TO US THROUGH THE HRA JOB CENTERS EVERY TWO WEEKS, YEAR ROUND OUR STUDENTS ARE ENGAGED 35 HOURS PER WEEK, 2 DAYS IN EDUCATIONAL CLASSES AND 3 DAYS AT A WORKSITE FROM 9 AM TO 5 PM DURING OUR TWO WEEK ORIENTATION, STUDENTS ARE ASSESSED AND PLACED IN THEIR APPROPRIATE READING AND MATH LEVELS AND ARE ASSIGNED A WORKSITE BY THEIR CASEWORKER STUDENTS CAN REMAIN IN OUR PROGRAM FROM 6 MONTHS TO 18 MONTHS DEPENDING ON THEIR LEVEL AND PROGRESS OUR BEGIN WORK STUDY PROGRAM (BWS) OFFERS CLASSES FROM LITERACY UP TO AND INCLUDING GED OUR LANGUAGE WORK STUDY PROGRAM (LWS) OFFERS ENGLISH AS A SECOND LANGUAGE INSTRUCTION FROM BEGINNING TO ADVANCE LEVEL THESE PROGRAMS ARE FUNDED BY THE NEW YORK CITY HUMAN RESOURCES ADMINISTRATION AND SERVE APPROXIMATELY 600 STUDENTS ANNUALLY THE BWS PROGRAM HAS A BUDGET OF $792,292 AND THE LWS HAS A BUDGET OF $545,041. 508753 SUBSTANCE ABUSE - PROGRAM IS A MEDICALLY SUPERVISED PROGRAM THAT PROVIDES SUBSTANCE ABUSE COUNSELING AND A SCHOOL COMPONENT THAT PROVIDES ON SITE WORKSHOPS AND ONE ON ONE COUNSELING TO STUDENTS. 120503 TRAINING AND EMPLOYMENT - PROVIDES JOB TRAINING AND PLACEMENT FOR LOW INCOME CLIENTS. SECURITY GUARD, CUSTOMER SERVICE AND GED CLASSED ARE PROVIDED. SOFT SKILLS ARE TAUGHT AND FOLLOW UP SERVICES SO THERE CAN BE RETENTION IN THE JOB PLACEMENTS. 2307773 188457 7980139 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 89 0 1 336 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X LOLA MAROULIS 2128408005 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 ARTHUR CHELIOTIS VICE PRESIDENT 1.00 1.50 X X 0 0 0 CHARLES CAPETANAKIS DIRECTOR 0.25 X 0 0 0 CHRIS PAPPAS DIRECTOR 0.25 0.30 X 0 0 0 DEMTRIA TSAGARIS DIRECTOR 0.25 X 0 0 0 DENNIS YUELYS DIRECTOR 0.25 X 0 0 0 EVANGELINE DOURIS CHAIRMAN 1.00 3.60 X X 0 0 0 GEORGE MIHALTSES DIRECTOR 0.30 X 0 0 0 MARIUS MAVRICOS DIRECTOR 0.30 X 0 0 0 NICHOLAS TJARTJALIS DIRECTOR 0.30 X 0 0 0 NIKITAS DRAKATOS PRESIDENT 0.30 1.20 X X 0 0 0 STEVE PLANGETIS TREASURER 0.30 1.20 X X 0 0 0 JOHN P KAITERIS EXECUTIVE DIRECTOR/CEO 35.00 20.10 X 132141 25828 22819 LOLA MAROULIS CONTROLLER 35.00 2.60 X 121794 0 11016 ZACHARINE PAPPAS ASSOCIATE EXECUTIVE DIRECTOR 31.50 3.50 X 107299 10955 25078 361234 36783 58913 3 0 1 0 BDO USA LLP PO BOX 642743 PITTSBURGH PA 15264 AUDITING 127250 1 160705 8767005 558170 9485880 RENTAL INCOME 531110 169299 169299 MEDICAID 624200 120021 120021 MANAGEMENT FEES 624200 108654 108654 CLIENT FEES 624200 48106 48106 PRIVATE INSURANCE 624200 20330 20330 466410 19297 19297 30100 160705 77189 -47089 -47089 WEATHERIZATION SERVICES 900099 104485 104485 SENIOR HOUSING EVENTS 900099 54809 54809 ELDERLY CAR SERVICE 900099 28121 28121 4928 4928 192343 10116841 658753 0 -27792 261177 214431 46746 4765207 3871153 894054 36314 31996 4318 621672 552593 69079 604341 527545 76796 8370 8370 108804 108804 366157 154968 206015 5174 30860 4564 1614 24682 474315 424446 35778 14091 5500 5500 784053 598190 185863 161670 151978 7308 2384 4519 1556 2963 98389 98389 146808 44913 101895 REPAIRS AND MAINTANCE 867764 864604 3160 0 FOOD 242053 242053 0 0 EQUIPMENT 97406 80384 17022 0 AUTO 67250 63870 3380 0 177149 145395 9481 22273 9929778 7980139 1881035 68604 315783 464614 115972 233440 1080591 857416 4867384 4649227 10556564 10551400 5861 38194 2387582 1674209 583706 713373 278761 1089625 1089380 664448 504792 19279934 19380597 595151 760184 2232314 2286045 11156564 10851400 13984029 13897629 X 5295905 5311858 171110 5295905 5482968 19279934 19380597 187063 0 X X 0 1 X 1 1 1 X 12989149 12403560 14765339 10096439 9485880 59740367 450190 656862 745893 360655 466410 2680010 13439339 13060422 15511232 10457094 9952290 62420377 6500 6250 12750 0 6500 6250 12750 62407627 2701 2573 26662 19297 51233 2701 2573 26662 19297 51233 2619200 260223 1250177 1585027 222443 5937070 16061240 13323218 16761409 12068783 10194030 68408680 0.91230 0.91580 0.00070 0.00070 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - 2009 AMOUNT: $ 2,496,733. 2010 AMOUNT: $ 195,937. 2011 AMOUNT: $ 1,045,937. 2012 AMOUNT: $ 1,567,207. 2013 AMOUNT: $ 192,343. FUNDRAISING REV - 2009 AMOUNT: $ 122,467. 2010 AMOUNT: $ 64,286. 2011 AMOUNT: $ 204,240. 2012 AMOUNT: $ 17,820. 2013 AMOUNT: $ 30,100. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378516 293451 85065 38782 30066 8716 1970284 1350692 619592 713373 INVESTMENT IN LIMITED PARTNERSHIP 1089380 C 1089380 X 14394555 4277714 4277714 10116841 0 10116841 16570350 6635863 6635863 9934487 -4709 -4709 9929778 PART X, LINE 2: HANAC HAS NO UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2014. HANACS FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2011 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, HANAC WILL RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS GENERAL AND ADMINISTRATIVE EXPENSES IN THE CONSOLIDATED AND COMBINED STATEMENT OF ACTIVITIES AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED AND COMBINED STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST AND PENALTIES FOR THE YEAR ENDED JUNE 30, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: LIMITED PARTNERSHIPS REVENUE 4,456,499. CONSOLIDATED AFFLIATES REVENUE 849,502. CONSOLIDATED AFFLIATES ELIMINATION -169,299. LIMITED PARTNERSHIPS ELIMINATION -863,697. FUNDRAISING EXPENSES 4,709. PART XII, LINE 2D - OTHER ADJUSTMENTS: LIMITED PARTNERSHIPS EXPENSE 7,003,916. CONSOLIDATED AFFLIATES EXPENSE 697,400. CONSOLIDATED AFFLIATES ELIMINATION -169,299. LIMITED PARTNERSHIPS ELIMINATION -896,154. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -4,709. DINNER DANCE 204025 173925 30100 58927 4100 14162 204025 173925 30100 58927 4100 14162 77189 -47089 PART II, COLUMN B: THE AMOUNT ON SCHEDULE G (PART II, LINE 2) OF $204,025 REPRESENTS THE TOTAL CONTRIBUTIONS RECEIVED FROM THE FUNDRAISING EVENT. OF THAT AMOUNT, $13,219 WAS RECEIVED AFTER YEAR END AND WILL BE REPORTED AS CONTRIBUTIONS ON THE SUBSEQUENT YEARS FORM 990, PART VIII, LINE 1F. X 0 0 0 0 0 0 0 1 0 JOHN P KAITERIS EXECUTIVE DIRECTOR/CEO 112903 25828 19238 0 0 0 1322 1651 19846 0 153309 27479 0 0 PART I, LINE 7 JOHN P KAITERIS RECEIVED A BONUS THAT WAS APPROVED BY THE BOARD. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN B II. THIS AMOUNT WAS PROPERLY INCLUDED IN HIS W-2 FOR 2013. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY A CPA FIRM FROM AUDITED FINANCIAL STATEMENTS AND TRIAL BALANCE AS WELL AS FROM INFORMATION THE ORGANIZATION'S CONTROLLER PROVIDES IN A TAX ORGANIZER. THE CPA FIRM FURNISHES A DRAFT FORM 990 WHICH IS REVIEWED BY THE CONTROLLER AND MANAGEMENT. AFTER APPROVAL, THE CONTROLLER PROVIDES AN ELECTRONIC COPY OF FORM 990 TO THE FULL BOARD WITH AN OPPORTUNITY TO REVIEW AND COORDINATE ANY APPROPRIATE CHANGES TO FORM 990 BEFORE IT IS FINALIZED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND UPDATED BY MANAGMENT ON AN ANNUAL BASIS. ALL THE BOARD MEMBERS AND OFFICERS RECOMMIT ANNUALY BY SIGNING THAT THEY HAVE RECEIVED AND READ THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S SALARY IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS. OTHER MANAGMENT PERONSEL ARE APPROVED BY CEO AND TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GEORGE T DOURIS HDFC 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 208032891 AFFORDABLE HOUSING NY 501(C)(3) LINE 11A, I HANAC INC 0 NORTHWEST QUEENS HOUSING CORPORATION 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 133124192 AFFORDABLE HOUSING NY 501(C)(3) LINE 9 HANAC INC 0 SPITI HOUSING DEVELOPMENT FUND COMPANY 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 133192504 AFFORDABLE HOUSING NY 501(C)(3) LINE 7 HANAC INC 0 SPITI MANAGEMENT COMPANY 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 113166843 AFFORDABLE HOUSING NY 501(C)(3) LINE 11A, I HANAC INC 0 THIRTY THIRD STREET HDFC 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 262815097 AFFORDABLE HOUSING NY 501(C)(3) LINE 11A, I HANAC INC 0 PCA DEVELOPMENT ASSOCIATES LP 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 262611609 AFFORDABLE HOUSING NY N/A SPITI HOUSING ASSOCIATES LP 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 275374815 AFFORDABLE HOUSING NY N/A 25-02 29TH STREET CORP 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 205967586 RESIDENTIAL RENTAL NY HANAC INC C -283 1.00000 0 GTD PARKING INC 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 900529789 PARKING GARAGE NY HANAC INC C 6066 39881 1.00000 0 THIRTY ONE THIRTY HOUSING CORPORATION 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 262611567 RESIDENTIAL RENTAL NY HANAC INC C -106 1.00000 0 SPITI HOUSING CORP 49 WEST 45TH STREET 4TH FLOOR NEW YORK NY 10036 275374675 RESIDENTIAL RENTAL NY N/A C 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0