2015-04-28T11:23:11-05:00 2014-06-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2013-07-01 112451752 PRATT AREA COMMUNITY COUNCIL INC PRAT 7185222613 201 DEKALB AVENUE BROOKLYN NY 11205 DEBORAH HOWARD EXECUTIVE DIRECTOR 7185222613 2015-04-23 1 ISRAEL TANNENBAUM P01589203 2128674000 2013 2016-02-25 16:41:14Z DEBORAH HOWARD 201 DEKALB AVENUE BROOKLYN NY 11205 5686915 0 X WWW.PRATTAREA.ORG X 1972 NY TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT. 15 15 85 15 0 0 2484085 2305561 2768535 2618068 5923 4817 334485 495978 5593028 5424424 0 0 0 0 3717681 3798764 0 23659 222323 1577534 1316735 5295215 5139158 297813 285266 3791720 3896362 1696867 1516243 2094853 2380119 X PRATT AREA COMMUNITY COUNCIL, INC. (PACC) EMBRACES A VISION IN WHICH PEOPLE STRIVE TOGETHER TO BUILD AN EQUITABLE, DIVERSE, ENGAGED AND FLOURISHING COMMUNITY IN CENTRAL BROOKLYN. IN OUR WORK AS A COMMUNITY DEVELOPMENT CORPORATION, PACC PURSUES FIVE MAJOR GOALS: FIRST, TO PRESERVE AND DEVELOP SAFE AND AFFORDABLE HOUSING, A BASIC HUMAN RIGHT; SECOND, TO SUPPORT A VIBRANT LOCAL COMMERCE THROUGH WHICH SMALL BUSINESSES SERVE THE MARKET NEEDS OF COMMUNITY RESIDENTS; THIRD, TO SUSTAIN AND DEVELOP AN ECONOMIC, RACIAL, AND CULTURAL DIVERSITY THAN CAN ENRICH THE LIVES OF ALL; FOURTH, TO PROMOTE KNOWLEDGE, INITIATIVE AND CONCERTED ACTION THAT CAN ADVANCE INDIVIDUAL AND COMMON INTERESTS; AND FIFTH, TO FOSTER AN ETHIC THAT ALL MEMBERS OF THE COMMUNITY BEAR PERSONAL RESPONSIBILITY TO CONTRIBUTE TO THE GREATER GOOD. 0 0 2197803 2591818 PROPERTY MANAGEMENT AND MAINTENANCE- PACC PROVIDES PROPERTY AND ASSET MANAGEMENT AND MAINTENANCE SERVICES TO THE AFFORDABLE HOUSING PROJECTS COMPRISED OF 54 BUILDINGS AND 841 UNITS WHICH WE HAVE DEVELOPED. OUR TENANTS INCLUDE FORMERLY HOMELESS, LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS. PACC STAFF WORK TO PRESERVE THIS PORTFOLIO AS AN AFFORDABLE HOUSING ASSET TO THE COMMUNITY BY MAINTAINING THE PHYSICAL STRUCTURE, THE FINANCIAL STABILITY AND COMPLIANCE WITH ALL OUTSIDE CITY AND STATE AGENCIES, LENDERS AND INVESTORS. STAFF INCLUDE A MANAGEMENT STAFF OF 5 INCLUDING A DIRECTOR, PROPERTY AND RESIDENT MANAGERS AND A LEASING AND OCCUPANCY SPECIALIST, 5 FINANCE STAFF INCLUDING AN ASSET MANGER, CONTROLLER, ACCOUNTS MANAGER AND 2 BOOKEEPERS, AND 23 MAINTENANANCE STAFF INCLUDING A DIRECTOR, SUPERVISOR, DISPATCHER, SUPERINTENDENTS, HANDY MEN AND PORTERS. 1054490 AT GIBB MANSION, PACC'S 71-UNIT SUPPORTIVE HOUSING PROJECT FOR CHRONICALLY ILL AND LOW-INCOME INDIVIDUALS, WE PROVIDE RESPONSIVE AND COMPASSIONATE CARE TO THE RESIDENTS WHO CALL IT HOME. ON STAFF ARE THREE SOCIAL WORKERS, TWO CASE WORKERS, A RESIDENT MANAGER, REGISTERED NURSE, CHEF AND KITCHEN ASSISTANT, AND AN ACTIVITIES COORDINATOR. RESIDENTS RECEIVE ONE-ON-ONE COUNSELING EVERY WEEK AND CASE MANAGERS AND SOCIAL WORKERS ARE ALWAYS AVAILABLE TO HELP RESIDENTS WITH HEALTHCARE ISSUES, MONEY MANAGEMENT, AND NECESSARY ADVOCACY AND REFERRALS. GIBB MANSION IS ALWAYS BUSTLING WITH ACTIVITY; RESIDENTS SHARE FIVE FRESH, HOT MEALS PER WEEK, AND THE ACTIVITIES COORDINATOR KEEPS THE SCHEDULE FULL OF CLASSES, OUTINGS, PARTIES AND COMMUNITY EVENTS. THE COMMUNITY AT GIBB MANSION IS THRIVING, AS STAFF AND RESIDENTS WORK TOGETHER TO CREATE A POSITIVE, HEALTHY AND EMPOWERING ENVIRONMENT THAT FACILITATES HEALING AND WELLNESS. IN FISCAL YEAR 2013-2014, 71 INDIVIDUALS WERE HOUSED THERE, 50 CHRONICALLY ILL INDIVIDUALS RECEIVED CASE MANAGEMENT AND COUNSELING. 437792 HOMEOWNER SERVICES HELP LOW TO MODERATE INCOME RESIDENTS OBTAIN THE STABILITY THAT HOUSING AFFORDS BY PROVIDING THE INFORMATION, TOOLS AND RESOURCES TO REDUCE PERSONAL DEBT, PREPARE FOR THE PROCESS OF PURCHASING HOMES, PREVENT HOME LOSS AND MAINTAIN HABITABLE PROPERTIES. PACC'S FIVE COUNSELORS REACHED OUT TO OVER 1,450 CENTRAL BROOKLYN RESIDENTS THROUGH MORE THAN 47 WORKSHOPS AND PRESENTATIONS, REFERRING THEM TO OUR SERVICES: INDIVIDUAL COUNSELING, EDUCATIONAL SEMINARS, FINANCIAL LITERACY, HOMEBUYER WORKSHOPS AS WELL AS DIRECT LINKS TO AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES. FROM JULY 2013 TO JUNE 2014, THE HOMEOWNER SERVICES PROGRAM POSTED THE FOLLOWING ACCOMPLISHMENTS: 13 FIRST TIME HOMEBUYER WORKSHOPS WERE HELD, 385 PEOPLE ATTENDED THOSE WORKSHOPS, 154 PEOPLE RECEIVED MORTGAGE COUNSELING AND 2 RECEIVED MORTGAGES; 21 FINANCIAL EDUCATION WORKSHOPS WERE HELD, 148 PEOPLE ATTENDED, 153 PEOPLE RECEIVED FINCANCIAL COUNSELING; 273 PEOPLE RECEIVED FORECLOSURE PREVENTION COUNSELING WITH BEING 64 AWARDED WITH PERMANENT MODIFICATIONS WHILE 52 PEOPLE WERE AWARDED TRIAL MODIFICATIONS, 5 PEOPLE WERE AWARDED FORBEARANCES AND 1 PERSON WAS AWARDED PRINCIPAL REDUCTIONS. 172579 26250 HOUSING DEVELOPMENT- SINCE 1988 PACC HAS DEVELOPED 1000 UNITS OF AFFORDABLE APARTMENTS, CONDOMINIUMS, CO-OPS AND HOMES THROUGH VARIOUS FINANCING TOOLS INCLUDING LIHTCS, HOME SUBSIDIES, NYS AHC FUNDS, NYC HDC BONDS, FHLB OF NY AHP GRANTS, ETC. DURING FY2014, PACC COMPLETED CONSTRUCTION AND LEASE-UP OF A PARTIALLY OCCUPIED MODERATE REHAB OF A 71 UNIT RENT STABILIZED BUILDING WHICH WILL BECOME A LIMITED EQUITY COOPERATIVE. WE ALSO COMPLETED AN 18 UNIT OCCUPIED HISTORIC BUILDING WITH EXTENSIVE REHABILITATION OF THE EXTERIOR. 242008 209428 PACC'S TENANT & COMMUNITY ORGANIZING DEPARTMENT ENCOURAGES AND MOBILZES LOCAL RESIDENTS TO IMPROVE THEIR SURROUNDINGS AND CONFRONT BROADER CONCERNS THROUGH THREE APPROACHES: COMMUNITY ORGANIZING CAMPAIGNS CONFRONTING HOUSING ISSUES FACING LOW-INCOME TENANTS: EVICTION PREVENTION WORK WHICH INCLUDES DAILY COUNSELING FOR TENANTS MONTHLY KNOW YOUR RIGHTS WORKSHOPS AND MONHTLY LEGAL CLINICS; AND CODE ENFORCEMENT ORGANIZING, ASSISTING TENANTS WHO ARE DEALING WITH ALL TYPES OF CRISES RELATED TO A CRUMBLING HOUSING STOCK. DURING FISCAL YEAR 2014, PACC'S TENANT & COMMUNITY ORGANIZING DEPARTMENT HELPED PREVENT MORE THAN 35 EVICTIONS, HELD 12 TENANTS' RIGHTS WORKSHOPS , EMPOWERING 250 PEOPLE TO CHALLENGE LANDLORD NEGLECT AND HARASSMENT; FORMED 13 NEW TENANT ASSOCIATIONS, ASSISTED IN 25 TENANT ASSOCIATIONS IN OVER 25 BUILDINGS; HELD MORE THAN 35 LEAD POISONING EDUCATION COMMUNITY MEETINGS, EMPOWERING PEOPLE TO TEST THEIR HOMES FOR LEAD AND ADDRESS LEAD CONTAMINATION, AND TESTED 15 HOMES FOR LEAD POISONING, EDUCATING FAMILIES ON LEAD ABATEMENT. PACC ASSISTED 15 LOW INCOME TAX CREDIT BUILDINGS FIGHT BACK AGAINST PREDATORY EQUITY HARASSMENT TACTICS BY FILING SIMULTANEOUS CASES IN HOUSING SUPREME COURT. 123404 ECONOMIC DEVELOPMENT 537991 235678 4228076 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 32 0 85 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROSEMARIE WHYTE 7185222613 201 DEKALB AVENUE BROOKLYN NY 11205 SEBLE TAREKE-WILLIAMS BOARD CHAIR 2.00 X X 0 0 0 KEITH GETTER TREASURER 1.00 X X 0 0 0 RON LANGUEDOC SECRETARY 0.50 X X 0 0 0 CAMERON ARRINGTON DIRECTOR 0.50 X 0 0 0 JABIR SULUKI DIRECTOR 0.50 X 0 0 0 LINCOLN RESTLER DIRECTOR 0.50 X 0 0 0 TAMARA MCCAW DIRECTOR 0.50 X 0 0 0 NAIMA OYO DIRECTOR 0.50 X 0 0 0 CLINTON KENNETH SHILLINGFORD DIRECTOR 0.50 X 0 0 0 KUZA WOODARD DIRECTOR 0.50 X 0 0 0 KRIS FRANKLIN DIRECTOR 0.50 X 0 0 0 ROMY GOLDMAN DIRECTOR 0.50 X 0 0 0 DAVE HANZEL DIRECTOR 1.00 X 0 0 0 REBECCA REICH DIRECTOR 1.00 X 0 0 0 MARYANNE SPERONI DIRECTOR 1.00 X 0 0 0 DEBORAH HOWARD EXECUTIVE DIRECTOR 55.00 X 109974 0 4813 109974 0 4813 1 0 0 0 THE GOOD KIND GROUP 405 PARK AVENUE 16TH FLOOR NEW YORK NY 10022 TEMP STAFFING 133623 PRIME PROTECTION SERVICES INC 26 COURT STREET SUITE 2204 NEW YORK NY 11242 SECURITY 123952 2 243195 1350091 712275 2305561 MAINTENANCE REVENUE 531390 1578221 1578221 PROPERTY MGMT. FEES 531390 526626 526626 PARTNERSHIP MGMT. FEES 900099 207107 207107 PROJECT ADMIN. FEES 624200 204200 204200 TENANT RELOC. FEES 624200 45000 45000 56914 56914 2618068 4817 4817 402335 192907 209428 209428 209428 52000 243195 69584 -17584 -17584 MARKETING SERVICES 900099 217266 217266 MISCELLANEOUS 900099 86868 86868 304134 5424424 2827496 0 291367 118781 108091 8552 2138 3054738 2604405 311742 138591 398997 343137 39900 15960 226248 194573 22625 9050 46147 46147 23659 23659 211262 180148 24898 6216 3155 1652 1473 30 519696 478711 33840 7145 18339 14141 4187 11 212674 195208 15744 1722 12594 9266 3279 49 65054 38482 24812 1760 33333 33333 26899 26899 63505 21936 41569 RECREATION 28543 28543 BAD DEBT 18762 18762 56772 9783 30997 15992 5139158 4228076 688759 222323 672425 1095828 391957 310709 731396 824906 289662 129050 126048 16717 817109 713966 108448 103143 1471784 1416009 3791720 3896362 563512 539464 166952 233289 596438 611341 145682 50000 224283 82149 1696867 1516243 X 1824853 2323119 270000 57000 2094853 2380119 3791720 3896362 285266 0 X X 0 1 X 1 1 1 X 1983642 2160536 2102437 2484085 2305561 11036261 1983642 2160536 2102437 2484085 2305561 11036261 586 11035675 119964 120696 201844 352617 407152 1202273 32339 12924 74819 173192 304134 597408 12835942 10192545 0.85970 0.88300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS MARKETING SERVICES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 1 0 0 0 PART II-B, LINE 1: OUR COMMUNITY ORGANIZING DEPARTMENT STAFF WORK IN COALITION WITH OTHER GROUPS ON VARIOUS ISSUES SURROUNDING THE RIGHT TO LEGAL COUNSEL FOR LOW-INCOME TENANTS; REAL RENT REFORM THAT INCLUDES MANDATORY INCLUSIONARY ZONING. THE DEPARTMENT ALSO ENLISTS THE PARTICIPATION OF TENANT LEADERS TO ATTEND RALLIES AND MEET WITH LEGISLATORS TYPICALLY 3 TIMES A YEAR. IN THE SPRING OF 2014, WE TOOK A BUS TRIP TO ALBANY WITH OTHER COMMUNITY ORGANIZING GROUPS TO MEET WITH LEGISLATORS REGARDING FUNDING FOR THE NYS NEIGHBORHOOD PRESERVATION CONTRACTS AND STRENGTHENING THE RENT STABILIZATION LAWS. IN THE LAST YEAR, ORGANIZING STAFF AND CONSTITUENTS TESTIFIED AT CITY COUNCIL HEARINGS ON TENANT HARASSMENT AND PUBLIC HEARINGS ON THE NEED FOR REFORMING CITY HOUSING COURTS. OUR HOME SERVICES DEPARTMENT ALSO PARTICIPATES IN THE STEERING COMMITTEE OF THE NEW YORKERS FOR RESPONSIBLE LENDING COALITION THAT FIGHT AGAINST PREDATORY LENDING PRACTICES AND ADVOCATES FOR ECONOMIC JUSTICE. NYRL ASKED US TO SIGN ONTO SUPPORT LETTERS FOR TWO PEICES OF STATE LEGISLATION RE: PAY DAY LENDING AND EXCESSIVE BANK CHARGES. VOLUNTEERS AND STAFF GO TO ALBANY 1 TIME PER YEAR TO ADVOCATE FOR RESPONSIBLE LENDING ACTIVITES AND STOPPING PREDATORY PRACTICES. 0 20000 20000 436063 401675 34388 24300 8310 15990 336746 303981 32765 103143 DUE FROM LIMITED PARTNERSHIPS 304975 DEVELOPER FEES RECEIVABLE 147000 DEFERRED COSTS 9836 DUE FROM RELATED ORGANZATIONS 872049 TENANT SECURITY DEPOSIT 82149 1416009 SECURITY DEPOSITS 82149 82149 X 8617945 412125 2588489 3000614 5617331 -192907 -192907 5424424 8912176 412125 3360893 3773018 5139158 0 5139158 PART X, LINE 2: THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES FROM AFFILIATED ORGANIZATIONS 2,588,489. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSE -192,907. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 192,907. EXPENSES FROM AFFILIATED OTRGANIZATIONS 3,167,986. X X X X X X X 0 KAREN TRELLA CONSULTING INC 1590 ANDERSON AVE 19H FORT LEE NJ 07024 EVENT COORDINATOR 0 23659 23659 0 23659 23659 NY 50TH ANNIVERSARY GALA 295195 243195 52000 62517 5028 2039 295195 243195 52000 62517 5028 2039 69584 -17584 FORM 990, PART VI, SECTION A, LINE 4 BY LAW CHANGE, DIRECTORS TERM WAS CHANGED FROM 2 YEARS TO 3 YEARS WITH NO DIRECTOR SERVING MORE THAN 3 CONSECUTIVE TERMS OR 9 YEARS. FORM 990, PART VI, SECTION A, LINE 6 PACC IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS ELECT THE BOARD OF DIRECTORS AT OUR ANNUAL MEETING IN JUNE. THE DIRECTORS CAN SERVE UP TO 3 THREE YEAR TERMS. MEMBERS ARE ELIGIBLE TO VOTE IF THEY HAVE PAID THEIR ANNUAL MEMBERSHIP DUES OF $25. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. THE DIRECTORS CAN SERVE THREE TERMS OF THREE YEARS EACH. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE FORM 990 IS PROVIDED TO THE FULL BOARD. IT IS DISCUSSED BY THE BOARD'S FINANCE COMMITTEE WHICH THEN PROVIDES A RECOMMENDATION TO THE BOARD TO ACCEPT OR REVISE THE FORM. MANAGEMENT THEN MAKES ANY REVISIONS REQUIRED AND RESUBMITS FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MUST COMPLETE A CONFLICT OF INTEREST FORM EVERY YEAR WHICH IS KEPT ON FILE. IF THERE ARE ANY INCIDENTS OF CONFLICT, WHICH THERE ARE NOT, THAT DIRECTOR WOULD BE RECUSED FROM VOTING ON THE MATTER. IF IT IS FOUND THAT A DIRECTOR HAS PERSONALLY BENEFITED FROM KNOWLEDGE OR RELATIONSHIPS GAINED THROUGH THEIR ROLE AS DIRECTOR, THEY WILL BE REMOVED FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USES COMPARABLES FOR NYS NONPROFIT ORGANIZATIONS OF SIMILAR REVENUE AND ACTIVITIES PROVIDED BY NYCON TO SET SALARY RANGES. THIS PROCESS WAS CONDUCTED IN 2013. FORM 990, PART VI, SECTION C, LINE 19 PACC'S GOVERNING DOCUMENTS (CERTIFICATE OF INCORPORATION AND BY-LAWS) ARE AVAILABLE UPON REQUEST AND ARE ON THE NYS CHARITIES BUREAU WEBSITE AND NYC'S HHS ACCELERATOR SITE. OUR AUDITED FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST TO THE PUBLIC, SENT TO ALL OF OUR FUNDERS AND POSTED ON GUIDESTAR. ALL POLICIES ARE AVAILABLE UPON REQUEST AND PROVIDED TO OUR EMPLOYEES AND OUR BOARD. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR 218 ST JAMES HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 113440912 OWNER OF LOW INCOME RENTAL APARTMENTS NY 501(C)(3) LINE 11A, I PACC INC 1 236 GREENE AVENUE HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 113267272 OWNER OF LOW INCOME RENTAL APARTMENTS NY 501(C)(3) LINE 9 PACC INC 1 GAP HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 113099585 OWNER OF LOW INCOME RENTAL APARTMENTS NY 501(C)(3) LINE 9 PACC INC 1 GATEWAY HOUSING COPORATION 201 DEKALB AVENUE BROOKLYN NY 11205 113583988 OWNER OF LOW INCOME RENTAL APARTMENTS NY 501(C)(3) LINE 11A, I PACC INC 1 265 HAWTHORNE HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 271921872 OWNER OF LOW INCOME RENTAL APARTMENTS NY APPLICATION PENDING LINE 9 PACC INC 1 409 GRAND AVENUE HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 201876837 OWNER OF LOW INCOME RENTAL APARTMENTS NY PACC INC C 1.00000 1 942 KENT AVENUE HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 202646555 OWNER OF LOW INCOME RENTAL APARTMENTS NY PACC INC C 1.00000 1 QUINCY STREET HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 263606395 OWNER OF LOW INCOME RENTAL APARTMENTS NY PACC INC C 1.00000 1 PACC HDFC 201 DEKALB AVENUE BROOKLYN NY 11205 912105355 OWNER OF LOW INCOME RENTAL APARTMENTS NY PACC INC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 QUINCY STREET HDFC L 322621 COST GATEWAY HDFC L 63000 COST PACC HDFC L 72000 COST 265 HAWTHORNE HDFC L 84996 COST L COST