2015-05-07T13:35:26-05:00 2014-06-30 221478099 COHNREZNICK LLP 1212 AVENUE OF THE AMERICAS NEW YORK NY 10036 990 2013-07-01 237089380 PALLADIA INC PALL 2129798800 2006 MADISON AVENUE NEW YORK NY 10035 DONNA COLONNA CEO 2129798800 2015-05-05 1 THOMAS LANNING P00851654 2122970400 2013 2016-02-25 16:41:14Z DONNA COLONNA 2006 MADISON AVENUE NEW YORK NY 10035 43185557 0 X WWW.PALLADIAINC.ORG X 1970 NY PALLADIA ENHANCES THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES IN NEW YORK WHO SEEK OUR HELP IN THEIR STRUGGLE WITH ADDICTION, HOMELESSNESS, DOMESTIC VIOLENCE, AND TRAUMA. PALLADIA HELPS CHANGE LIVES BY PROVIDING INNOVATIVE PROGRAMMING COMPASSIONATE CARE AND EXPERT SOLUTIONS TO CRITICAL SOCIAL PROBLEMS. 8 8 602 20 0 0 31322269 33820575 7845204 6948053 5185 7492 4670745 2409437 43843403 43185557 0 0 0 0 27781555 27432209 0 0 474389 20025267 16707556 47806822 44139765 -3963419 -954208 8848223 10569705 13843875 15819855 -4995652 -5250150 X PALLADIA IS ONE OF THE LARGEST NOT-FOR-PROFIT, MULTI-SERVICE AGENCIES OF ITS KIND IN NEW YORK WITH MORE THAN 40 YEARS OF EXPERIENCE, PALLADIA HAS SUCCESSFULLY AND CREATIVELY WORKED TOWARDS ACHIEVING ITS MISSION, SERVING LARGELY URBAN, LOW INCOME, INDIVIDUALS AND FAMILIES PALLADIA IS NATIONALLY RECOGNIZED FOR ITS INNOVATIVE SERVICE DELIVERY IN THE FIELDS OF SUBSTANCE ABUSE, HOUSING, HOMELESSNESS, HIV/AIDS, MENTAL ILLNESS, TRAUMA, DOMESTIC VIOLENCE, CRIMINAL JUSTICE SERVICES, AND FAMILY SERVICES PALLADIA OFFERS ITS WIDE RANGE OF SERVICES ALONG A CONTINUUM OF CARE-FROM OUTREACH, PREVENTION AND TREATMENT THROUGH SUPPORTIVE, PERMANENT HOUSING THESE SERVICES ARE DESIGNED TO PROMOTE INDEPENDENCE AND RESPONSIBLE LIVING PALLADIA PURSUES ITS MISSION BY WORKING IN PARTNERSHIP WITH GOVERNMENT, COMMUNITIES, ACADEMIC INSTITUTIONS AND THE PRIVATE SECTOR. 0 0 15934093 8843797 TO BREAK THE CYCLE OF PROVERTY AND CHEMICAL DEPENDENCE, PALLADIA OFFERS RESIDENTIAL AND OUTPATIENT TREATMENT FOR INDIVIDUALS AND FAMILIES STRUGLYING WITH CHEMICAL DEPENDENCE, THESE SUBSTANCE ABUSE SERVICES ARE PROVIDED THROUGH FOUR RESIDENTAL SERVICE PROGRAMS AND THREE OUTPATIENT PROGRAMS AND SERVR MORE THAN 600 INDIVIDUALS DAILY. THE RESIDENTIAL SERVICES ALSO PROVIDE SUPLEMENTAL EDUCATION, VOCATIONAL TRAINING AND PLACEMENT AND FAMILY REUNIFICATION. PALLADIA HAS ALSO ASSUMED A LEADERSHIP ROLE IN DEVELOPING PROGRAMING FOR MEN AND WOMEN WITH A CO-OCCURRENCE OF MENTAL ILLINESS AND SUBSTANCE ABUSE. 15324967 298946 PALLADIA PROVIDES HOMELESS PREVENTION SERVICES ON AN OUTPATIENT BASIS, AS WELL AS PREMENT HOUSING TO ABOUT 800 CLIENTS DAILY. OUR PURPOSE IS TO KEEP FAMILIES TOGETHER AND REUNITE THEM, TO PROVIDE JOB TRAINING AND ENCOURGE CONTINUING EDUCATION, TO OFFER A SAFE HAVEN AND TO MAKE PERMANENT AND STABLE HOME A REALITY FOR HUNDREDS OF HOMELESS INDIVIDUALS AND FAMILIES. 7143038 HOUSING SERVICES 1215193 189568 FAMILY SERVICES PROGRAMS INCLUDE DOMESTIC VIOLENCE SHELTERS THAT OFFER WOMEN WITH CHILDREN WHO ARE SURVIVORS OF DOMESTIC VIOLANCE A SAFE HAVEN AND SERVICES. IN ADDITION SERVERAL OF PALLADIA'S PROGRAMS PROVIDE SPECIALIZED TRAUMA SERVICES. 1268453 22179 AS IT HAS BECOME INCREASINGLY EVIDENT THAT CHILDREN ARE IMPACTED, EVEN TRAUMATIZED, BY THEIR PARENTS TROUBLED LIFESTYLES. PALLADIA HAS BEEN AT THE FOREFRONT OF TREATMENT PROVIDERS OFFERING ENRICHED AND SUPPORTIVE SERVICES TO THE CHILDREN OF SUBSTANCE ABUSERS. 842786 CRIMINAL JUSTICE SERVICES 3326432 211747 41728530 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 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 1 1 0 0 0 1 148 0 1 602 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X EUSEBIO DAVID 2129798800 2006 MADISON AVENUE NEW YORK NY 10035 ABBY JO SIGAL DIRECTOR 1.00 2.10 X 0 0 0 DIANNE LA BASSE VICE CHAIR / TREASURER 1.00 2.10 X X 0 0 0 GALEN D KIRKLAND ESQ DIRECTOR 1.00 2.10 X 0 0 0 LAWRANCE HAMDAN DIRECTOR 1.00 2.10 X 0 0 0 MARY BETH TULLY SECRETARY 1.00 2.10 X X 0 0 0 RICHARD KASSAR DIRECTOR 1.00 2.10 X 0 0 0 SANDRA STARK CHAIRPERSON 1.00 2.10 X X 0 0 0 WILLIAM FRESSLE DIRECTOR 1.00 2.10 X 0 0 0 DEBRA PANTIN CHIEF OPERATING OFFICER 35.00 X 165869 0 12341 MARK HURWITZ PRESIDENT/CEO 35.00 2.10 X 213602 0 2855 PAUL LIEFFRIG VP/CHIEF FINANACIAL OFFICER 35.00 2.10 X 71380 0 992 SUSAN WIVIOTT CHIEF PROGRAM OFFICER 35.00 X 176342 0 7030 DIANE BONAVOTA VP/PROGRAM PLAN & DEVELOPMENT 35.00 X 161175 0 15411 EUSEBIO DAVID SR. DIRECTOR/CONTROLLER 35.00 X 128573 0 4875 JOAN MONTBACH VP/POLICY & COMMUNICATION 35.00 X 118039 0 27401 MARCIA ADAMS VP/BEHAVIORAL HEALTH SERVI 35.00 X 137561 0 12020 SHARON DORR AVP/HOMELESS SERVICES 35.00 X 113546 0 15403 EVAN ZUCKERMAN FORMER VP/CHIEF FINANCIAL OFFICER 35.00 2.10 X 116292 0 16702 1402379 0 115030 9 1 1 0 O'CONNOR DAVIES LLP 500 MAMARONECK HARRISON NY 10528 ACCOUNTING 168697 COHNREZNICK LLP 1212 AVENUE OF THE AMERICAS NEW YORK NY 10036 ACCOUNTING 112775 GUY J PEAN MD 721 EAST 48TH STREET BROOKLYN NY 11203 MEDICAL SERVICES 101790 3 72675 32971624 776276 33820575 MEDICAID REVENUE 623000 3173605 3173605 CONGREGATE CARE 623000 2555755 2555755 SSA/SSI REVENUE 623000 462262 462262 FOOD STAMPS 623000 435306 435306 CLIENT/TENANT RENT REVENUE 623000 298946 298946 22179 22179 6948053 4452 4452 3040 0 3040 3040 3040 LP'S REIMBURSEMENT REVENUE 623000 1315346 1315346 SUBSIDY INCOME 623000 438726 438726 MANAGEMENT FEE 623000 264775 264775 390590 387590 3000 2409437 43185557 9354490 0 10492 667228 535646 119956 11626 21408444 17163911 3867675 376858 68653 56705 11948 3175545 2876792 298753 2112339 1722648 303786 85905 21078 21078 99222 54363 44859 224968 126072 98896 1164282 1087180 77102 5551 312 5239 1642058 1441918 200140 293416 260844 32572 5978845 5693433 285412 2467690 2456835 10855 14686 10210 4476 125885 125885 400381 202735 197646 TRENANT RENTAL EXP 1647710 1647710 REPAIRS AND MAINTENANCE 854715 790231 64484 PROGRAM EXPENSE 529246 523452 5794 OVERHEAD ALLOCATION 0 4200676 -4200676 1237823 855779 382044 44139765 41728530 1936846 474389 279286 263621 855630 242681 4522110 4792282 683789 657026 480920 121486 1545021 2293587 481467 2199022 8848223 10569705 9308765 10850907 4322625 4591251 212485 377697 13843875 15819855 X -5017720 -5288918 22068 38768 -4995652 -5250150 8848223 10569705 X -954208 559255 140455 X X 0 1 X 1 1 1 X 30404510 35316911 32058634 31322269 33820575 162922899 30404510 35316911 32058634 31322269 33820575 162922899 162922899 47405 45116 47090 6063 4452 150126 1975325 2613684 2535779 4670745 2409437 14204970 177277995 41666359 0.91900 0.90990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EXPENSE REIMBURSEMENT - 2009 AMOUNT: $ 1,124,292. 2010 AMOUNT: $ 1,279,157. 2011 AMOUNT: $ 1,461,640. SUBSIDY INCOME - 2009 AMOUNT: $ 456,902. 2010 AMOUNT: $ 409,485. 2011 AMOUNT: $ 615,008. 2013 AMOUNT: $ 438,726. MISCELLANEOUS INCOME - 2009 AMOUNT: $ 394,131. 2010 AMOUNT: $ 925,042. 2011 AMOUNT: $ 459,131. 2012 AMOUNT: $ 994,499. 2013 AMOUNT: $ 390,590. MANAGEMENT FEE - 2012 AMOUNT: $ 1,692,739. 2013 AMOUNT: $ 264,775. LP REIMBURSEMENT REVENUE - 2012 AMOUNT: $ 1,375,721. 2013 AMOUNT: $ 1,315,346. CLIENT MEAL REVENUE - 2012 AMOUNT: $ 607,786. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENTS IN HOUSING LIMITED PARTNERSHIPS 2293587 C 2293587 DUE FROM RELATED PARTIES 1862298 SECURITY DESPOSIT 282973 RESTRICTED DEPOSITS 53751 2199022 REFUNDABLE ADVANCES 377697 377697 X 46400098 3214541 3214541 43185557 0 43185557 48558656 4418891 4418891 44139765 0 44139765 PART X, LINE 2: THE COMPANIES RECOGNIZE THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE COMPANIES HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE COMPANIES ARE NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED LIMITED PARTNERSHIPS REVENUE 4,818,443. INTERCOMPANY ELIMINATIONS -1,809,260. AFFILIATED NOT FOR PROFIT ENTITIES REVENUE 842,130. AFFILIATED NOT FOR PROFIT ENTITIES ELIMINATIONS -636,772. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED LIMITED PARTNERSHIPS EXPENSES 5,756,301. INTERCOMPANY ELIMINATIONS -1,809,260. AFFILIATED NOT FOR PROFIT ENTITIES EXPENSES 1,108,622. AFFILIATED NOT FOR PROFIT ENTITIES ELIMINATIONS -636,772. X X X 0 0 0 0 0 0 0 0 0 DEBRA PANTIN CHIEF OPERATING OFFICER 165649 0 0 0 220 0 3419 0 8922 0 178210 0 0 0 MARK HURWITZ PRESIDENT/CEO 212862 0 0 0 740 0 0 0 2855 0 216457 0 0 0 SUSAN WIVIOTT CHIEF PROGRAM OFFICER 174674 0 0 0 1668 0 0 0 7030 0 183372 0 0 0 DIANE BONAVOTA VP/PROGRAM PLAN & DEVELOPMENT 156033 0 0 0 5142 0 2880 0 12531 0 176586 0 0 0 EVAN ZUCKERMAN FORMER VP/CHIEF FINANCIAL OFFICER 116082 0 0 0 210 0 0 0 16702 0 132994 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM FROM FINANCIAL STATEMENTS AS WELL AS FROM INFORMATION FORM THE ORGANIZATION. THE CPA FIRM FURNISHES A DRAFT FORM 990 WHICH IS REVIEWED BY MANAGEMENT. AFTER APPROVAL, THE FULL BOARD HAS 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 ANNUALLY, ALL MEMBERS OF THE BOARD, SENIOR MANAGEMENT, AND THE EXECUTIVE MANAGEMENT TEAM COMPLETE A CONFLICT OF INTERST QUESTIONNAIRE. THE RESPONSES ARE REVIEWED AND INVESTIGATED BY THE AGENCY COMPLIANCE OFFICER, AND IF A CONFLICT EXISTS, THE BOARD MEMBER IS REQUIRED TO RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE AGENCY CONDUCTS A SALARY SURVEY AND OR UPDATES SALARY DATA FROM THE PREVIOUS YEAR USING OTHER ORGANIZATIONS FORM 990'S FOR ALL EMPLOYEES. WHERE PERFORMANCE AND THIRD-PARTY DATA INDICATES AN ADJUSTMENT TO SENIOR MANAGEMENT AND/OR MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM, THEY ARE PRESENTED TO THE FINANCE COMMITTEE AND THE BOARD FOR APPROVAL, AS LONG AS, THE BUDGET CAN SUPPORT THE SUGGESTED INCREASE. SIMILARLY, CEO PERFORMANCE IS REVIEWED BY THE BOARD AND SALARY ADJUSTMENT, IF ANY, ARE APPROVED BY THE BOARD IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE BY REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF INTEREST IN HILL HOUSE LP TO PALLADIA 140,455. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8: THIS YEAR IS THE FIRST YEAR WHEN THE CONSOLIDATED AUDITED FINANCIAL STATEMENT INCLUDE CONSOLIDATING SCHEDULES, THEREFORE, THERE WAS A DIFFERENCE IN THE BEGINING OF YEAR NET ASSETS BETWEEN THE TAX RETURN AND THE FINANCIAL STATEMENTS. BOSTON POST ROAD HOUSING DEVELOPMENT FUND CORPORATION 2006 MADISON AVENUE NEW YORK NY 10035 134184743 PROVIDE PERMANENT HOUSING FOR LOW-INCOME INDIVIDUALS NY 501(C)(3) LINE 7 PALLADIA INC 0 CEDAR TREMONT HOUSING DEVELOPMENT FUND CORPORATION 2006 MADISON AVENUE NEW YORK NY 10035 133710038 PROVIDE PERMANENT HOUSING FOR LOW-INCOME INDIVIDUALS NY 501(C)(3) LINE 7 PALLADIA INC 0 PALLADIA 15 YEAR CORP 2006 MADISON AVENUE NEW YORK NY 10035 463644907 PROVIDE PERMANENT HOUSING FOR LOW-INCOME INDIVIDUALS NY 501(C)(3) LINE 7 PALLADIA INC 0 PALLADIA HOUSING CORPORATION 2006 MADISON AVENUE NEW YORK NY 10035 510165030 ACQUIRE PROPERTY FOR THE SITES WHERE PROGRAMS ARE RUN BY PALLADIA NY 501(C)(3) LINE 11A, I PALLADIA INC 0 PALLADIA PHILANTHROPIES 2006 MADISON AVENUE NEW YORK NY 10035 133463392 UNDERTAKE FUNDRAISING TO SUPPORT PALLADIA PROGRAMS AND INITIATIVES NY 501(C)(3) LINE 7 PALLADIA INC 0 PROJECT RETURN HOUSING DEVELOPMENT FUND CORPORATION 2006 MADISON AVENUE NEW YORK NY 10035 133524668 OWN REHABILITATE & OPERATE A TEMPORARY HOUSING FACILITY NY 501(C)(3) LINE 7 PALLADIA INC 0 PROJECT RETURN INSTITUTE 2006 MADISON AVENUE NEW YORK NY 10035 132990558 EDUCATE INDIVIDUALS AS TO THE SERVICES RENDERED BY PALLADIA & ITS AFFILIATES NY 501(C)(3) LINE 7 PALLADIA INC 0 STRATFORD HDFC 2006 MADISON AVENUE NEW YORK NY 10035 134073752 PROVIDE PERMANENT HOUSING FOR LOW-INCOME INDIVIDUALS NY 501(C)(3) PF PALLADIA INC 0 1368 BOSTON ROAD ASSOCIATES LP 2006 MADISON AVENUE NEW YORK NY 10035 412057718 AFFORDABLE HOUSING NY N/A CEDAR TREMONT LIMITED PARTNERSHIP 2006 MADISON AVENUE NEW YORK NY 10035 133896153 AFFORDABLE HOUSING NY N/A CHELSEA LP 2006 MADISON AVENUE NEW YORK NY 10035 421535665 AFFORDABLE HOUSING NY N/A DREITZER HOUSE LP 2006 MADISON AVENUE NEW YORK NY 10035 133893830 AFFORDABLE HOUSING NY N/A FLORA VISTA LP 2006 MADISON AVENUE NEW YORK NY 10035 113681241 AFFORDABLE HOUSING NY N/A HILL HOUSE LIMITED PARTNERSHIP 2006 MADISON AVENUE NEW YORK NY 10035 133881392 AFFORDABLE HOUSING NY N/A JEROME COURT LP 2006 MADISON AVENUE NEW YORK NY 10035 134113751 AFFORDABLE HOUSING NY N/A STRATFORD HOUSE LIMITED PARTNERSHIP 2006 MADISON AVENUE NEW YORK NY 10035 134127847 AFFORDABLE HOUSING NY N/A WESTCHESTER GARDENS LP 2006 MADISON AVENUE NEW YORK NY 10035 821640459 AFFORDABLE HOUSING NY N/A 1168 STRATFORD CORPORATION 2006 MADISON AVENUE NEW YORK NY 10035 134127649 AFFORDABLE HOUSING NY N/A C 0 AEGIS III DEVELOPMENT CORP 2006 MADISON AVENUE NEW YORK NY 10035 412057717 AFFORDABLE HOUSING NY N/A C 0 CHELSEA COURT ASSOCIATES INC 2006 MADISON AVENUE NEW YORK NY 10035 421535662 AFFORDABLE HOUSING NY N/A C 0 DREITZER CORP 2006 MADISON AVENUE NEW YORK NY 10035 133977159 AFFORDABLE HOUSING NY N/A C 0 DREITZER HOUSING DEVELOPMENT FUND CORP 2006 MADISON AVENUE NEW YORK NY 10035 911778729 AFFORDABLE HOUSING NY PALLADIA INC C -1400 1.00000 0 FLORA VISTA DEVELOPMENT CORP 2006 MADISON AVENUE NEW YORK NY 10035 113681242 AFFORDABLE HOUSING NY N/A C 0 FLORA VISTA HOUSING DEVELOPMENT FUND COMPANY INC 2006 MADISON AVENUE NEW YORK NY 10035 113681245 AFFORDABLE HOUSING NY PALLADIA INC C -1400 1.00000 0 HILL HOUSE ASSOCIATES INC 2006 MADISON AVENUE NEW YORK NY 10035 134027482 AFFORDABLE HOUSING NY N/A C 0 HILL HOUSING DEVELOPMENT FUND CORP 2006 MADISON AVENUE NEW YORK NY 10035 133964090 AFFORDABLE HOUSING NY PALLADIA INC C -1400 1.00000 0 JEROME COURT ASSOCIATES INC 2006 MADISON AVENUE NEW YORK NY 10035 134113404 AFFORDABLE HOUSING NY N/A C 0 JEROME HOUSING DEVELOPMENT FUND CORP 2006 MADISON AVENUE NEW YORK NY 10035 134034906 AFFORDABLE HOUSING NY PALLADIA INC C -1400 1.00000 0 SEVENTEENTH STREET HOUSING DEVELOPMENT FUND CORP 2006 MADISON AVENUE NEW YORK NY 10035 134004190 AFFORDABLE HOUSING NY PALLADIA INC C -1400 1.00000 0 TREMONT CEDAR CORP 2006 MADISON AVENUE NEW YORK NY 10035 133942042 AFFORDABLE HOUSING NY N/A C 0 WESTCHESTER GARDENS DEVELOPMENT CORP 2006 MADISON AVENUE NEW YORK NY 10035 841640457 AFFORDABLE HOUSING NY N/A C 0 WESTCHESTER GARDENDS HOUSING DEVELOPMENT FUND CORP 2006 MADISON AVENUE NEW YORK NY 10035 201140473 AFFORDABLE HOUSING NY PALLADIA INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 0 0