2013-02-06T10:13:12-06:00 2012-09-30 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2011-10-01 061475666 THE CARPENTER HOUSING DEVELOPMENT FUND CO INC CARP 3154241821 990 JAMES STREET SYRACUSE NY 13203 RONALD WHITE 3154241821 2012-12-10 1 DAVID J DE SILVA P00005255 3154719171 2011 2016-03-07 17:11:31Z RONALD WHITE 990 JAMES STREET SYRACUSE NY 13203 248688 0 X WWW.CHRISTOPHER-COMMUNITY.ORG X 1997 NY LOW INCOME HOUSING PROJECT 6 6 4 0 0 0 0 0 240323 241436 3035 2989 1956 4263 245314 248688 0 0 0 0 109190 94934 0 0 0 196807 189174 305997 284108 -60683 -35420 1973113 1940636 2608449 2611392 -635336 -670756 THE CORPORATION WAS ORGANIZED SOLEY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NON-PROFIT BASIS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. 0 0 156680 241436 THE CORPORATION OPERATES A 40-UNIT LOW INCOME HOUSING PROJECT ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT & ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF NEW YORK. 156680 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X CHRISTOPHER COMMUNITY INC 3154241821 990 JAMES STREET SYRACUSE NY 13203 X STEVE AVERY 1.00 X 0 0 0 BRIDGET STEED 1.00 X 0 0 0 RONALD WHITE 1.00 X X 0 0 0 JOSEPH BRAUNSCHEIDEL 1.00 X X 0 0 0 MARK DWORSKY 1.00 X X 0 0 0 ROCCO PICARAZZI 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME, NET 531110 241436 241436 241436 2989 2989 MISCELLANEOUS REVENUE 900099 2785 2785 LAUNDRY/VENDING REVENU 812300 1478 1478 4263 248688 241436 0 7252 73890 1804 72086 14189 14189 6855 6855 31129 31129 11482 11482 286 286 18626 9750 8876 16860 16860 593 593 73746 73746 10813 10813 EQUIPMENT RENTAL & MAIN 14720 14720 TRASH REMOVAL 4092 4092 MISC ADMIN EXPENSES 2976 2976 SNOW REMOVAL 2432 2432 1419 1419 284108 156680 127428 0 10756 35462 614 1026 2688 4409 2695090 945570 1778180 1749520 180875 150219 1973113 1940636 11552 14436 2587000 2587000 9897 9956 2608449 2611392 X -635336 -670756 -635336 -670756 1973113 1940636 -35420 0 X 0 1 0 X 1 1 X 227258 241520 239468 240323 241436 1190005 227258 241520 239468 240323 241436 1190005 0 0 0 1190005 3759 4273 3246 3035 2989 17302 3759 4273 3246 3035 2989 17302 1658 2519 1901 1956 4263 12297 232675 248312 244615 245314 248688 1219604 0.97570 0.97500 0.01420 0.01570 X 66500 66500 2608020 925465 1682555 5640 5640 0 14930 14465 465 1749520 TENANT SECURITY DEPOSITS 9956 ESCROW FUNDS 10892 RESERVE FOR REPLACEMENTS 106311 RESIDUAL RECEIPTS RESERVE 23060 150219 TENANT SECURITY DEPOSITS 9956 9956 248688 284108 -35420 -35420 248688 0 248688 0 248688 284108 0 284108 0 284108 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE VP OF FINANCE FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA WITH THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. THE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE. 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.