2015-11-10T08:22:44-06:00 2014-12-31 161131146 BONADIO & CO LLP 6 WEMBLEY COURT ALBANY NY 12205 990 2014-01-01 113051052 WARTBURG HOUSING DEVELOPMENT FUND CORPORATION WART 9143656365 277 NORTH AVENUE NO 201 NEW ROCHELLE NY 108015123 LARAINE FELLEGARA CFO 9143656365 2015-11-02 1 JOHN C OLSEN P00321116 5184644080 2015-11-02 2014 2016-03-07 17:11:31Z FRANK TRIPODI 277 NORTH AVENUE NO 201 NEW ROCHELLE NY 108015123 1067744 0 X WWW.TLCN.ORG X 1990 NY TO PROVIDE HOUSING FOR LOW INCOME AND INDIGENT PEOPLE. 16 15 3 15 0 0 0 0 1036384 1062429 561 293 7726 5022 1044671 1067744 0 0 0 0 137467 137776 0 0 0 1155345 1122600 1292812 1260376 -248141 -192632 2720463 2500755 3847424 3645918 -1126961 -1145163 TO PROVIDE LOW INCOME HOUSING TO THE SENIOR/ELDERLY POPULATION. 0 0 1078429 1067451 TO PROVIDE 87 UNITS OF INDEPENDENT LIVING, HUD SUBSIDIZED HOUSING FOR ELDERLY PEOPLE AGES 62 AND OLDER. 1078429 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 0 1 12 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 16 15 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LARAINE FELLEGARA 9143656365 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 108015123 JOHN MESLOH CHAIR 1.00 X X 0 0 0 THOMAS KEON SECRETARY 1.00 X X 0 0 0 K COSTLEY-HOKE MD BOARD MEMBER 1.00 X 0 0 0 PETER MAZER BOARD MEMBER 1.00 X 0 0 0 FR BRIAN MCWEENEY BOARD MEMBER 1.00 X 0 0 0 RICHARD OLSON BOARD MEMBER 1.00 X 0 0 0 JOHN RUTH BOARD MEMBER 1.00 X 0 0 0 JOHN SHANE BOARD MEMBER 1.00 X 0 0 0 LYNETTE TAYLOR BOARD MEMBER 1.00 X 0 0 0 ARTHUR UPRIGHT BOARD MEMBER 1.00 X 0 0 0 CHRIS JONES BOARD MEMBER 1.00 X 0 0 0 ANNETTE BALL BOARD MEMBER 1.00 X 0 0 0 ANNA MAY KNOWLES BOARD MEMBER 1.00 X 0 0 0 BARBARA RAZAK BOARD MEMBER 1.00 X 0 0 0 ALEC DAVIS BOARD MEMBER 1.00 X 0 0 0 FRANK TRIPODI PRESIDENT/CEO 1.00 X X 0 461923 8822 LARAINE FELLEGARA CHIEF FINANCIAL OFFICER 1.00 X 0 308416 29360 0 770339 38182 0 0 1 0 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 SECURITY SERVICES 115672 1 TENANT ASSISTANCE PAYM 531110 809026 809026 RENTAL INCOME 531110 253403 253403 1062429 293 293 MISCELLANEOUS REVENUE 531110 2650 2650 LAUNDRY AND VENDING 531110 2372 2372 5022 1067744 1067451 0 293 99607 70139 29468 3223 3223 23255 23255 11691 11691 62118 62118 485 485 27574 27574 8052 8052 47879 39956 7923 317432 316004 1428 672 441 231 4235 4235 246279 246279 102376 102376 CONTRACTS 243300 211904 31396 RECREATION 48926 48926 ADMINISTRATIVE RENT FRE 12372 12372 BAD DEBT EXPENSE 900 900 1260376 1078429 181947 0 4653 17034 4531 6227 26591 26331 7554455 5211950 2500334 2342505 184354 108658 2720463 2500755 101348 97173 3746076 3548745 3847424 3645918 X -1126961 -1145163 -1126961 -1145163 2720463 2500755 X -192632 174430 X X 0 1 X 1 1 1 X 730454 728604 1059434 1036384 1062429 4617305 730454 728604 1059434 1036384 1062429 4617305 0 0 0 4617305 780 1083 528 561 293 3245 780 1083 528 561 293 3245 4484 14786 6697 7726 5022 38715 735718 744473 1066659 1044671 1067744 4659265 0.99100 0.98630 0.00070 0.00090 X 43500 43500 7238022 5066495 2171527 246970 129390 117580 25963 16065 9898 2342505 TENANT SECURITY DEPOSITS 22606 CAPITAL ADVANCES 3110669 DUE TO RELATED PARTIES 415470 3548745 X 1242174 174430 174430 1067744 0 1067744 1260376 0 1260376 0 1260376 PART X, LINE 2: FINANCIAL STATEMENT FOOTNOTE 2, INCOME TAXES, INCLUDES A DISCLOSURE RELATED TO UNCERTAIN TAX POSITIONS UNDER FIN 48. THE TEXT RELATED TO THE ORGANIZATION'S LIABILITY IS AS FOLLOWS: FOR TAX EXEMPT ENTITIES, THEIR TAX EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX EXEMPT STATUS. AS OF DECEMBER 31, 2014. THE COMPANY DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE COMPANY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE COMPANY IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: AMORTIZATION OF CAPITAL ADVANCE 174,430. X X 0 0 0 0 0 0 0 0 0 FRANK TRIPODI PRESIDENT/CEO 0 411436 0 0 0 50487 0 5200 0 3622 0 470745 0 0 LARAINE FELLEGARA CHIEF FINANCIAL OFFICER 0 303616 0 0 0 4800 0 5200 0 24160 0 337776 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED THE CFO AND CEO FUNCTIONS TO THE LUTHERAN CARE NETWORK, INC. ,ITS SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE LUTHERAN CARE NETWORK, INC. IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE LUTHERAN CARE NETWORK, INC. ELECTS THE MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE LUTHERAN CARE NETWORK, INC. [THE SOLE MEMBER] SHALL APPROVE THE FOLLOWING ACTIONS: (1) AMENDMENT OF THE BY-LAWS; (2) INCURRING DEBT IN EXCESS OF $100,000; (3) INITIATION OF ANY ACTIVITY REQUIRING A CERTIFICATE OF NEED; AND (4) ESTABLISHING A SUBSIDIARY OR OTHERWISE AFFILIATING WITH ANY OTHER ENTITY. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES OR COMPENSATE ANY OFFICERS. IF COMPENSATION WERE TO BE PAID, THE BOARD OF DIRECTORS OF THE ORGANIZATION WOULD REVIEW AND APPROVE COMPENSATION OF OFFICERS AND KEY EMPLOYEES ON A YEARLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMORTIZATION OF CAPITAL ADVANCE 174,430. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE PROCESS FOR REVIEWING AUDITED FINANCIAL STATEMENTS OR THE SELECTION OF AN INDEPENDENT AUDITOR. COBURG VILLAGE INC ONE COBURG VILLAGE WAY REXFORD NY 12148 113211085 SENIOR HOUSING NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 GOOD SAMARITAN LUTHERAN HEALTH CARE CENTER INC 125 ROCKEFELLER ROAD DELMAR NY 12054 237310663 SKILLED NURSING FACILITY NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 KENWOOD MANOR INC 141 ROCKEFELLER ROAD DELMAR NY 12054 141368178 LICENSED ADULT HOME FACILITY NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 GOOD SAMARITAN SENIOR HOUSING DEVELOPMENT FUND COMPANY INC 119 ROCKEFELLER ROAD DELMAR NY 12054 141727655 LOW INCOME HOUSING NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 LUTHERAN CENTER AT POUGHKEEPSIE INC 965 DUTCHESS TURNPIKE POUGHKEEPSIE NY 12603 233408456 SKILLED NURSING CARE & HEALTH SERVICES TO THE ELDERLY NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 LUTHERAN HOUSING DEVELOPMENT CORPORATION AT CONCORD VILLAGE 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 030436196 RESIDENTIAL APARTMENT BUILDING FOR THE ELDERLY NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 LUTHERAN HOUSING DEVELOPMENT CORPORATION OF LONG ISLAND 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 112574183 RESIDENTIAL APARTMENT COMPLEX FOR THE ELDERLY NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 LUTHERAN HOUSING DEVELOPMENT CORPORATION OF PAWLING 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 113269257 RESIDENTIAL APARTMENT COMPLEX FOR THE ELDERLY NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 THE LUTHERAN CARE NETWORK FOUNDATION INC 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 112645255 TO DEVELOP AND SUPPORT NOT FOR PROFIT HEALTH CARE ENTITIES NY 501(C)(3) 7 THE LUTHERAN CARE NETWORK INC 0 WARTBURG NURSING HOME INC 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 237087284 DORMANT NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 THE LUTHERAN CARE NETWORK INC 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 112896230 PROVIDE MANAGEMENT, DEVELOPMENT & FUNDRAISING SERVICES TO RELATED ORGS. NY 501(C)(3) 9 N/A 0 WARTBURG LUTHERAN HOME FOR THE AGING INC 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 111631836 MANAGES SENIOR HOUSING PROGRAM NY 501(C)(3) 9 THE LUTHERAN CARE NETWORK INC 0 CASTLE STAFF SERVICES INC 277 NORTH AVENUE SUITE 201 NEW ROCHELLE NY 10801 364511365 DORMANT NY N/A C 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 THE LUTHERAN CARE NETWORK INC E 391012 WARTBURG LUTHERAN HOME FOR THE AGING P 62100