RIVER VIEW GARDENS HOUSING DEVELOPMENT FUND COMPANY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
RIVER VIEW GARDENS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 13-3995933)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-05-06
IRS object ID
201421269349300222
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-05-06T08:37:34-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN271728945EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1O'CONNOR DAVIES LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1665 FIFTH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10022ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN133995933EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1RIVER VIEW GARDENS HOUSING DEVELOPMENTBusinessNameLine1
Business Name Line2FUND COMPANY INCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlRIVENameControl
Phone2129627653Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 PARK PLACE NO 1416AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10007ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameLINDA HOFFMANName
TitleCEOTitle
Phone2129627653Phone
Date Signed2014-04-30DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameGARRETT M HIGGINSName
PTINP00543209PTIN
Phone2122862600Phone
Date Prepared2014-04-30DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonLINDA HOFFMANNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line111 PARK PLACE NO 1416AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10007ZIPCode
FieldValueIRS element (for citing)
Gross Receipts746004GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.NYFSC.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1997YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionPROVIDES 80 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED AT HUNTERS POINT IN QUEENS, IT OFFERS SOCIAL AND RECREATIONAL SERVICES. FORTY FIVE (45) OF ITS TENANTS ARE ENRICHED HOUSING PROGRAM RESIDENTS WHO REQUIRE SPECIAL ASSISTANCE AND FOOD SERVICE.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members6NbrIndependentVotingMembers
Total Nbr Employees12TotalNbrEmployees
Total Nbr Volunteers6TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year705603ProgramServiceRevenuePriorYear
Program Service Revenue CY696930ProgramServiceRevenueCY
Investment Income Prior Year88InvestmentIncomePriorYear
Investment Income Current Year214InvestmentIncomeCurrentYear
Other Revenue Prior Year2700OtherRevenuePriorYear
Other Revenue Current Year48860OtherRevenueCurrentYear
Total Revenue Prior Year708391TotalRevenuePriorYear
Total Revenue Current Year746004TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year178870SalariesEtcPriorYear
Salaries Etc Current Year197590SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year755221OtherExpensePriorYear
Other Expenses Current Year797458OtherExpensesCurrentYear
Total Expenses Prior Year934091TotalExpensesPriorYear
Total Expenses Current Year995048TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-225700RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-249044RevenuesLessExpensesCY
Total Assets BOY11930978TotalAssetsBOY
Total Assets EOY11688379TotalAssetsEOY
Total Liabilities BOY12083439TotalLiabilitiesBOY
Total Liabilities EOY12089884TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-152461NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-401505NetAssetsOrFundBalancesEOY
Mission DescriptionDEVELOPING, CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY AND HANDICAPPED.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense995048Expense
Revenue696930Revenue
DescriptionPROVIDES 80 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS.Description
Total Program Service Expense995048TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling1CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10964NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees12NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members6NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties1DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonMARTHA BAUER CHIEF FINANCIAL OFFICNamePerson
Telephone Number2129627653TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line111 PARK PLACE SUITE 1416AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10007ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
DEBORAH SMITH BERNSTEIN
PRESIDENT0.203.20XX000
ANN VAN NESS
VICE PRESIDENT0.203.40XX000
ELIZABETH R TOZER
VICE PRESIDENT0.203.40XX0465000
STEPHEN ZELNICK
TREASURER/SECRETARY0.201.80XX000
MARGARET M TERNES
BOARD MEMBER0.201.60X000
JOAN FINKELSTEIN
BOARD MEMBER0.203.00X000
EVELYN SALZBERG
BOARD MEMBER0.201.00X000
LINDA R HOFFMAN
CHIEF EXECUTIVE OFFICER1.0034.00X049994015703
MARTHA BAUER
CHIEF FINANCIAL OFFICER1.0034.00X022150217893
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs767942TotalReportableCompFrmRltdOrgs
Total Other Compensation33596TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1ALLIED BARTON SECURITY SERVICESBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 828854AddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19182ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesSECURITY SERVICESDescriptionOfServices
Compensation101090Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionRENTAL INCOMEDescription
Business Code531110BusinessCode
Total Revenue Column696930TotalRevenueColumn
Related Or Exempt Function Income696930RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue696930TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column214TotalRevenueColumn
Exclusion$214ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
INSURANCE REIMBURSEMEN53111046160$46,160
LAUNDRY REVENUE5311102700$2,700
FieldValueIRS element (for citing)
Total Other Revenue48860TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column746004TotalRevenueColumn
Related Or Exempt Function Income696930RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$49,074ExclusionAmount
FieldValueIRS element (for citing)
Info In Schedule O Part IXXInfoInScheduleOPartIX

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total143969Total
Program Services143969ProgramServices

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total428Total
Program Services428ProgramServices

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total32419Total
Program Services32419ProgramServices

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total20774Total
Program Services20774ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total42240Total
Program Services42240ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total3935Total
Program Services3935ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total26393Total
Program Services26393ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total131482Total
Program Services131482ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total8967Total
Program Services8967ProgramServices

Occupancy Occupancy

FieldValueIRS element (for citing)
Total175744Total
Program Services175744ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total295064Total
Program Services295064ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total29502Total
Program Services29502ProgramServices

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionMISC OPERATING & MAINTDescription
Total84131Total
Program Services84131ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total995048Total
Program Services995048ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY85665BOY
EOY51640EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY71398BOY
EOY66052EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1505BOY
EOY55EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY10870BOY
EOY30502EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis12970430LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1884450LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY11374382BOY
EOY11085980EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY373014BOY
EOY439970EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY14144BOY
EOY14180EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY11930978BOY
EOY11688379EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY74613BOY
EOY55554EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY14126BOY
EOY14145EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY11994700BOY
EOY11994700EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY25485EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY12083439BOY
EOY12089884EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-152461BOY
EOY-401505EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-152461BOY
EOY-401505EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY11930978BOY
EOY11688379EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-249044ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years693469CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years697696CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years699691CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year705603CurrentTaxYearMinus1Year
Current Tax Year696930CurrentTaxYear
Total3493389Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years693469CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years697696CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years699691CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year705603CurrentTaxYearMinus1Year
Current Tax Year696930CurrentTaxYear
Total3493389Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total5093493389PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1185CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years801CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years164CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year88CurrentTaxYearMinus1Year
Current Tax Year214CurrentTaxYear
Total2452Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1185CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years801CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years164CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year88CurrentTaxYearMinus1Year
Current Tax Year214CurrentTaxYear
Total2452Total

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2700CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2700CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2700CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2700CurrentTaxYearMinus1Year
Current Tax Year48860CurrentTaxYear
Total59660Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years697354CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years701197CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years702555CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year708391CurrentTaxYearMinus1Year
Current Tax Year746004CurrentTaxYear
Total3555501Total
FieldValueIRS element (for citing)
Public Support Percentage5090.98250PublicSupportPercentage509
Prior Year Support Percentage0.99530PriorYearSupportPercentage
Investment Income Percentage0.00070InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.00090PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509
General ExplanationSCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY REVENUE - 2008 AMOUNT: $ 2,700. 2009 AMOUNT: $ 2,700. 2010 AMOUNT: $ 2,700. 2011 AMOUNT: $ 2,700. 2012 AMOUNT: $ 2,700. INSURANCE REIMBURSEMENT - 2012 AMOUNT: $ 46,160.GeneralExplanation

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtc
Included On FS1IncludedOnFS
Explanation In Part XIIIXExplanationInPartXIII

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis12882337OtherCostOrOtherBasis
Depreciation1827190Depreciation
Book Value11055147BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis88093OtherCostOrOtherBasis
Depreciation57260Depreciation
Book Value30833BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings11085980TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionMANAGEMENT FEE PAYABLE TO SPONSORDescription
Amount$25,485Amount
FieldValueIRS element (for citing)
Total Of Amounts25485TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt746004TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal746004RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990746004TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt995048TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal995048ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990995048TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART IV, LINE 2B:THE ORGANIZATION COLLECTS AND MAINTAINS TENANT SECURITY DEPOSITS IN ALIGNMENT WITH THE FOLLOWING PROCEDURE. RESIDENTS PROVIDE THE BUILDING MANAGEMENT OFFICER WITH A SECURITY DEPOSIT UPON MOVING INTO THE HOUSING UNIT. THESE FUNDS ARE DEPOSITED INTO A SEPARATE ACCOUNT AND HELD BY THE ORGANIZATION TO ADDRESS FUTURE EXPENSES THAT MAY BE INCURRED FOR REPAIRS AND/OR DAMAGES TO THE HOUSING UNITS AFTER THE TENANT VACATES THE PREMISES. THE REMAINING SECURITY DEPOSIT FUNDS ARE DISBURSED BACK TO THE TENANT BY THE ORGANIZATION WHEN ALL NECESARY REPAIRS HAVE BEEN COMPLETED TO PREPARE THE UNIT FOR AN INCOMING TENANT.
PART X, LINE 2:THE PROJECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE PROJECT HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE PROJECT IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 20, 2010.DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
LINDA R HOFFMAN
CHIEF EXECUTIVE OFFICER040080108500001413900015703051564300
MARTHA BAUER
CHIEF FINANCIAL OFFICER02065020150000002140015753023939500

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePART I, LINE 3ReturnReference
ExplanationRIVERVIEW GARDENS HDFC DOES NOT PROVIDE COMPENSATION TO ANY OF ITS TOP MANAGEMENT OFFICIALS. THE SALARY PAID TO THE CFO AND CEO IS PAID BY NEW YORK FOUNDATION FOR SENIOR CITIZENS, INC., A RELATED ORGANIZATION. THE FOLLOWING IS THEIR COMPENSATION POLICY. NEW YORK FOUNDATION FOR SENIOR CITIZENS, INC. HAS ESTABLISHED A WRITTEN COMPENSATION POLICY FOR THEIR COMPENSATION COMMITTEE TO FOLLOW IN ESTABLISHING THE COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS OR KEY EMPLOYEES. THE POLICY MANDATES THAT EXECUTIVE COMPENSATION BE REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE AND THAT THE COMMITTEE SHOULD BE FREE OF CONFLICTS OF INTEREST. IN ADDITION, THE APPROVING COMPENSATION COMMITTEE NEEDS TO REVIEW APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION BEING CONSIDERED. THE COMPENSATION COMMITTEE USES A VARIETY OF INFORMATION AND STUDIES THAT ARE AVAILABLE TO DETERMINE THAT THE APPROPRIATE LEVEL OF COMPENSATION IS BEING PAID TO ITS EXECUTIVES. IN JUNE 2012, THE COMPENSATION COMMITTEE OF NEW YORK FOUNDATION FOR SENIOR CITIZENS, INC. ENGAGED AN OUTSIDE CONSULTING FIRM TO CONDUCT AN EXECUTIVE COMPENSATION STUDY WHICH INCLUDED A MARKET EVALUATION OF THE TOP FIVE POSITIONS WITHIN THE ORGANIZATION. THE COMPENSATION COMMITTEE'S DECISION ON THE AMOUNT OF COMPENSATION PAID IS REQUIRED TO BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT AND SHOULD DOCUMENT THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION. THE COMPENSATION REVIEW PROCESS FOR THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS OR KEY EMPLOYEES WAS LAST UNDERTAKEN IN JUNE 2013.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 3THE PROJECT PURCHASES MANAGEMENT SERVICES FROM ITS SPONSOR, NEW YORK FOUNDATION FOR SENIOR CITIZENS, INC., A RELATED PROJECT. THESE FEES ARE CHARGEABLE UP TO A MAXIMUM HUD ALLOWABLE RATE OF $44 PER UNIT PER MONTH. THE MANAGEMENT FEES INCURRED DURING THE YEAR ENDED JUNE 30, 2013 AMOUNTED TO $42,240. MANAGEMENT FEES OUTSTANDING AT JUNE 30, 2013 WERE $25,485. THE MANAGEMENT COMPANY MANAGES THE BUILDING. THEY COLLECT RENT, PAY BILLS, OVERSEE THE MAINTENANCE OF THE BUILDING AND RE-CERTIFY TENANTS ANNUALLY TO INSURE COMPLIANCE WITH HUD REQUIREMENTS. PLEASE REFER TO PART VII AS, LINDA HOFFMAN AND MARTHA BAUER ARE COMPENSATED BY THE RELATED ENTITY.
FORM 990, PART VI, SECTION B, LINE 11RIVER VIEW GARDENS HDFC, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE: WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, ITS SUBMITTED ELECTRONICALLY TO A REPRESENTATIVE MEMBER OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH ONE WEEK TO REVIEW THE PREPARED FORM 990 AND PROVIDE THEIR COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE MANAGEMENT COMMITTEE IN CHARGE OF FILING THE RETURN FOR THEIR REVIEW. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12CRIVER VIEW GARDENS HDFC, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE SIGNED CONFLICT OF INTEREST POLICY IS SUBMITTED TO THE CORPORATE COMPLIANCE OFFICER WHO REVIEWS THE SIGNED ATTESTATIONS FOR POTENTIAL OR ACTUAL CONFLICTS. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE CORPORATE COMPLIANCE OFFICER WILL NOTIFY A MEMBER OF MANAGEMENT OR THE GOVERNING BODY ABOUT SUCH CONFLICT AND INVESTIGATE THE CONFLICT. THE RESULTS OF THE INVESTIGATION WILL BE SUMMARIZED AND DOCUMENTED BY THE CORPORATE COMPLIANCE OFFICER AND BE REPORTED TO THE GOVERNING BODY. IF THE CORPORATE COMPLIANCE OFFICER ESTABLISHES THAT AN ACTUAL CONFLICT EXISTS, THE MEMBER OF MANAGEMENT OR THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT.
FORM 990, PART VI, SECTION C, LINE 19RIVER VIEW GARDENS HDFC, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG. IN ADDITION, FORMS 990 AND 1023 AS WELL AS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO 11 PARK PLACE, SUITE 1416, NEW YORK, NY, 10007 OR BY CALLING THE ORGANIZATION DIRECTLY AT (212) 962-7653.
FORM 990, PART IX, LINE 11GMAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 30,391. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,391. SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 101,091. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,091.OTHER FEES
FORM 990, PART XI, LINE 2C:RIVER VIEW GARDENS HDFC, INC. HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
FORM 990, PART VII: EXPLANATION OF PAYMENT TO ELIZABETH F. TOZERBOARD MEMBER ELIZABETH F. TOZER RECEIVES NO COMPENSATION IN HER CAPACITY AS BOARD MEMBER AND OFFICER. SHE DOES RECEIVE COMPENSATION IN HER CAPACITY AS INTERIOR DESIGN CONSULTANT TO NYFSC, INC., A RELATED ORGANIZATION.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (12 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrgBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
NEW YORK FDTN FOR SENIOR CITIZENS INC - GUARDIAN SERVICES
11 PARK PLACE SUITE 1416NEW YORKNY10007133501671LEGAL GUARDIAN FOR ADULTS ENROLLED IN NYC'S HUMAN RESOURCES ADMIN. PRGM.NY501(C)(3)509(A)(1)N/A0
1850 SECOND AVENUE SERVICES CORP
11 PARK PLACE SUITE 1416NEW YORKNY10007133557175SUBSIDIZED HOUSING FOR THE LOW INCOME.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
GEORGE DALY HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133535818TO PROVIDE TRANSITIONAL HOUSING FOR THE HOMELESS.NY501(C)(3)509(A)(1)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
NEW YORK FDTN FOR SENIOR CITIZENS - HOME ATTENDANT SVCS INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133083852LONG-TERM CARE HOME ATTENDANT PROGRAM FOR THE ELDERY.NY501(C)(3)509(A)(1)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
80-92 RIDGE STREET HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133584060SUBSIDIZED HOUSING FOR THE ELDERLY.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
TENTH AND 51ST HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133270654SUBSIDIZED HOUSING FOR THE ELDERLY.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
YORKVILLE GARDENS HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133085054SUBSIDIZED HOUSING FOR THE ELDERLY.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
CONCOURSE GARDENS HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133696061SUBSIDIZED HOUSING FOR THE ELDERLY.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
11 PARK PLACE SUITE 1416NEW YORKNY10007132618568IMPROVE THE QUALITY OF LIFE FOR THE ELDERLY.NY501(C)(3)509(A)(1)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
ALMA RANGEL GARDENS HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007134066940SUBSIDIZED HOUSING FOR THE ELDERLY.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
CUMBERLAND GARDENS HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007133907908SUBSIDIZED HOUSING FOR THE ELDERLY.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
SURF GARDENS HDFC INC
11 PARK PLACE SUITE 1416NEW YORKNY10007205437122SUBSIDIZED HOUSING FOR THE ELDERLY- UNDER CONSTRUCTION.NY501(C)(3)509(A)(2)0NEW YORK FOUNDATION FOR SENIOR CITIZENS INC
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs1PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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