2013-08-13T11:58:49-05:00 2012-12-31 113066459 CERINI AND ASSOCIATES LLP 3340 VETERANS MEMORIAL HIGHWAY BOHEMIA NY 11716 990 2012-01-01 237259687 CONCERN FOR INDEPENDENT LIVING INC CONC 6317580474 312 EXPRESSWAY DRIVE S MEDFORD NY 11763 RALPH FASANO 6317580474 2013-08-13 1 KEN CERINI P00223556 6315821600 2013-08-13 2012 2016-02-24 21:20:13Z RALPH FASANO 312 EXPRESSWAY DRIVE S MEDFORD NY 11763 27971961 0 X WWW.CONCERNHOUSING.ORG X 1973 NY AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES AND TREATMENT PROGRAMS OPERATED TO MEET THE PHYSICAL, EMOTIONAL AND SOCIAL NEEDS OF PERSONS WITH DISABILITIES, VETERANS, HOMELESS AND LOW-INCOME INDIVIDUALS AND FAMILIES. 9 8 352 6 0 0 12300753 16636909 5139729 6067434 148372 590446 1678128 2813380 19266982 26108169 0 0 0 0 7612652 9453904 0 0 0 9760603 11477347 17373255 20931251 1893727 5176918 68626622 53578587 52664051 30745263 15962571 22833324 AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES AND TREATMENT PROGRAMS OPERATED TO MEET THE PHYSICAL, EMOTIONAL AND SOCIAL NEEDS OF PERSONS WITH DISABILITIES, VETERANS, HOMELESS AND LOW-INCOME INDIVIDUALS AND FAMILIES. 0 0 19445325 AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES AND TREATMENT PROGRAMS OPERATED TO MEET THE PHYSICAL, EMOTIONAL AND SOCIAL NEEDS OF PERSONS WITH DISABILITIES, VETERANS, HOMELESS AND LOW-INCOME INDIVIDUALS AND FAMILIES. 19445325 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 45 0 1 352 1 0 0 0 0 0 0 0 0 0 0 X 9 8 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X X CONCERN FOR INDEPENDENT LIVING INC 6317580474 312 EXPRESSWAY DRIVE S MEDFORD NY 11763 DAVIS POLLACK 1.50 X X 0 0 0 KAREN COBURN 0.30 X X 0 0 0 HELEN POLLACK 0.40 X 0 0 0 LOIS LOGAN 0.50 X 0 0 0 DR JOAN RUBENSTEIN 0.50 X 0 0 0 ALTONEAL JONES 0.20 X 0 0 0 ARETHA CLARKE 0.20 X 0 0 0 FRANCES FREY 0.20 X 0 0 0 BERNARD KIRSCHBAUM 0.20 X 0 0 0 RALPH FASANO 40.00 X X 208273 0 42851 ELIZABETH LUNDE 40.00 X 144650 0 35930 MICHAEL BELLOTTI 40.00 X 104521 0 31663 457444 0 110444 3 0 1 0 MICHAEL BORRUTO GC INC 110D KNICKERBOCKER AVE BOHEMIA NY 11716 MAIN OFFICE RENOVATION 364669 1 15907899 729010 16636909 3RD PARTY REIMBURSEMEN 624100 6067434 6067434 6067434 678265 678265 1775973 1863792 -87819 -87819 -87819 DEVELOPER FEE 900099 2167418 2167418 MANAGEMENT FEES 900099 438407 438407 OTHER REVENUE 900099 207555 207555 2813380 26108169 8792995 0 678265 457444 249171 208273 6395280 5758798 636482 787414 689917 97497 1320040 1110383 209657 493726 437968 55758 50821 50821 45400 45400 124279 102120 22159 168639 159592 9047 6420512 6400557 19955 224763 213780 10983 268410 227833 40577 232432 226913 5519 549434 536593 12841 251017 242140 8877 REPAIRS AND MAINTENANCE 1400331 1379068 21263 FOOD AND SUPPLIES 610463 610463 PROGRAM MANAGEMENT EXPE 438407 438407 MINOR FURNITURE AND EQU 358241 352788 5453 334198 308834 25364 20931251 19445325 1485926 0 469671 345875 3394219 5960713 1789410 4473773 273858 217752 15842298 4988340 10305631 10853958 982550 1961408 2259629 5162497 49151654 24602611 68626622 53578587 1590606 1896945 100933 95887 3141776 2937278 47830736 25815153 52664051 30745263 X 15962571 22383424 449900 15962571 22833324 68626622 53578587 X 5176918 158450 1535385 0 X X 0 1 X 1 1 1 X 7603156 8622473 9349090 11975753 10569475 48119947 7603156 8622473 9349090 11975753 10569475 48119947 48119947 -68511 213222 170500 148372 678265 1141848 893992 1136133 1338689 1680049 2725561 7774424 57036219 24502712 0.84370 0.87970 X 1821384 1821384 11192034 3201143 7990891 661848 402235 259613 2167032 1384962 782070 10853958 INVESTMENT IN FOR PROFIT SUB. SAYVILLE 2136779 C INVESTMENT IN FOR PROFIT SUB. RIVERHEAD -22 C INVESTMENT IN FOR PROFIT SUB E. PATCHOGUE -118 C INVESTMENT IN FOR PROFIT SUB ROCHESTER -37 C INVESTMENT IN FOR PROFIT SUB EAST NY AVE 24 C INVESTMENT IN FOR PROFIT SUB MACDOUGAL -36 C INVESTMENT IN DEBT CMACHDFC 2150168 C INVESTMENT IN DEBT CROCHDFC 875739 C 5162497 DUE FROM AFFILIATES 628929 OTHER ASSETS 117429 MORTGAGE ACQUISITION 59382 DUE FROM UNCONSOLIDATED LLCS 23796871 24602611 DUE TO AFFILIATES 205953 DUE TO GOVERNMENT AGENCIES 6792196 NOTES TO GOVERNMENT FUNDERS 18817004 25815153 X 26266619 158450 158450 26108169 0 26108169 20931251 0 20931251 0 20931251 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION EVALUATED ITS ACTIVITIES FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS FOR 2012 AND 2011. X X X 0 0 0 0 0 0 0 0 0 RALPH FASANO 208273 0 0 0 0 0 0 0 0 0 208273 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DAVIS POLLACK, PRESIDENT AND HELEN POLLACK, DIRECTOR ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DISTRIBUTED THE DRAFT OF FORM 990 TO THE BOARD FOR THEIR REVIEW AND APPROVAL. BOARD MEMBERS RESPONDED BACK WITH ANY QUESTIONS OR COMMENTS WHICH WILL THEN BE CONSIDERED IN THE FINAL FILED COPY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DISTRIBUTES THE CONFLICT OF INTEREST POLICIES ANNUALLY, TO THE BOARD OF DIRECTORS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR OBTAINS DATA FROM SIMILAR ORGANIZATIONS ON THE SALARIES OF OFFICERS AND KEY EMPLOYEES. HE SHOWS THIS INFORMATION TO THE PRESIDENT OF THE BOARD TO HAVE HIS SALARY APPROVED. HE REVIEWS DATA TO APPROVE OTHER OFFICERS AND KEY EMPLOYEES SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING BUSINESS HOURS. FORM 990. PART XII, LINE 2C THE PROCESS OF THE ORGANIZATION HAVING A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. PRIOR PERIOD ADJUSTMENTS: FORM 990. PART XI, LINE 8 ON JULY 8, 2010, CONCERN ISSUED ACQUISITION AND CONSTRUCTION MORTGAGE NOTES TO CONCERN MACDOUGAL, LLC, IN THE ORIGINAL AMOUNTS OF $9,883,193 AND $3,350,013, RESPECTIVELY, WHICH NOTES WERE COLLATERALIZED BY THE ASSETS OF THE LLC AND AN ASSIGNMENT OF RENTS AND LEASES. THESE NOTES BORE INTEREST AT A RATE OF 5.5% PER ANNUM AND MATURED CONCURRENT WITH THE CLOSING OF THE PERMANENT BOND FINANCING, WHICH OCCURRED ON FEBRUARY 15, 2012. THE BALANCE OF THESE NOTES AS OF DECEMBER 31, 2012 AND 2011 WAS $-0- AND $11,887,931 (SEE NOTE 5). AS OF DECEMBER 31, 2012 AND 2011, INTEREST PAYABLE ON THESE NOTES AMOUNTED TO $524,768 AND $444,158. DURING THE YEAR ENDED DECEMBER 31, 2012, CONCERN DETERMINED THAT THE INTEREST INCOME EARNED ON THESE NOTES IN THE AMOUNT OF $444,158 FOR THE YEAR ENDED DECEMBER 31, 2011 HAD NOT PREVIOUSLY BEEN RECORDED BY CONCERN AND THEREFORE CONCERN RECORDED A PRIOR PERIOD ADJUSTMENT TO INCREASE INTEREST INCOME, WHICH IS INCLUDED IN INVESTMENT INCOME IN THE CONSOLIDATED STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2011 BY $444,158 AND TO RECORD A CORRESPONDING INCREASE TO ACCRUED INTEREST RECEIVABLE, INCLUDED IN DUE FROM UNCONSOLIDATED LLCS IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2011. PRIOR TO DECEMBER 31, 2011, CONCERN WAS A MEMBER OF THE COMMUNITY RESIDENCE INSURANCE SAVING PLAN SELF-INSURANCE TRUST FOR WORKERS' COMPENSATION ("CRISP"). THE WORKERS' COMPENSATION BOARD ("WCB") LATER ASSUMED THE ADMINISTRATION OF CRISP AND INITIATED A FORENSIC REVIEW OF CRISP TO RECONSTRUCT ITS FINANCIAL DEFICIT AND THEN ALLOCATE THAT DEFICIT AMONG CRISP'S FORMER MEMBERS BASED ON MEMBER PARTICIPATION AND INVOLVEMENT. SUBSEQUENT TO YEAR-END, CONCERN RECEIVED AN ASSESSMENT FROM WCB INDICATING THAT CONCERN OWED AN ADDITIONAL $67,300 FOR LIABILITIES INCURRED FROM 1997 THROUGH 2011. AS A RESULT OF THIS NOTICE, CONCERN RECORDED A PRIOR PERIOD ADJUSTMENT TO INCREASE ITS WORKERS COMPENSATION EXPENSE FOR THE YEAR ENDED DECEMBER 31, 2011 BY $67,300, WHICH AMOUNT IS INCLUDED IN EMPLOYEE BENEFITS IN THE CONSOLIDATED STATEMENT OF FUNCTIONAL EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2011 AND RECORDED A CORRESPONDING INCREASE TO ACCRUED WORKERS COMPENSATION PAYABLE, WHICH AMOUNT IS INCLUDED IN ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2011. ON JULY 8, 2010, CONCERN ENTERED INTO A PROMISSORY NOTE TO THE NEW YORK STATE HOUSING FINANCE AGENCY (NYSHFA) IN THE AMOUNT OF $13,465,000 RELATED TO A BOND OFFERING PERFORMED BY NYSHFA. THE NOTE BEARS INTEREST AT THE RATE OF 5.25% PER ANNUM AND HAS A MATURITY DATE OF NOVEMBER 30, 2040. ON THE MATURITY DATE THE ENTIRE UNPAID BALANCE OF THE PRINCIPAL SUM SHALL BE DUE AND PAYABLE. IN CONNECTION WITH THE NOTE, PAYMENTS OF PRINCIPAL, INTEREST, SONYMA INSURANCE, AND NYSHFA SERVICING FEES STARTED IN AUGUST 2010. AS DISCUSSED IN NOTE 8, THE PERMANENT LOAN CLOSING FOR THE BOND DID NOT OCCUR UNTIL FEBRUARY 15, 2012, SO NO AMOUNTS WERE ORIGINALLY RECORDED FOR THE BONDS PAYABLE TRANSACTION DURING 2010 THROUGH 2012. UPON REVIEW OF THE AGREEMENT AND DISCUSSIONS WITH OMH, SUBSEQUENT TO YEAR-END, CONCERN DETERMINED THAT OMH STARTED MAKING PAYMENTS ON THE BONDS IN 2010. AS THE BONDS WERE BEING REPAID IN 2010 THROUGH 2012 BY OMH, WHICH SHOULD HAVE BEEN RECORDED BY CONCERN AS CONSTRUCTIVE RECEIPT, CONCERN RECORDED THE FOLLOWING PRIOR PERIOD ADJUSTMENTS: AS OF JANUARY 1, 2011, CONCERN RECORDED A PRIOR PERIOD ADJUSTMENT WHICH INCREASED NOTES RECEIVABLE FROM CONCERN MACDOUGAL, LLC OF $13,465,000, WHICH IS INCLUDED IN DUE FROM UNCONSOLIDATED LLCS; INCREASED PREPAID EXPENSES BY $894,074 TO RECORD PREPAID SONYMA INSURANCE PREMIUMS, NYSHFA SERVICING FEES AND PREPAID DEBT SERVICE ON THE NYSHFA BONDS; INCREASED DUE TO OMH BY $894,074, WHICH IS INCLUDED IN DUE TO GOVERNMENT AGENCIES AND FUNDING SOURCES; AND INCREASED BONDS PAYABLE BY $13,434,043 (NET OF 2010 BOND PRINCIPAL PAYMENTS OF $30,957), WHICH IS INCLUDED IN MORTGAGES AND BONDS PAYABLE AND INCREASED UNRESTRICTED NET ASSETS BY $30,957. IN ORDER TO RECORD THE ACTIVITY AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2011, CONCERN RECORDED A PRIOR PERIOD ADJUSTMENT WHICH: DECREASED PREPAID EXPENSES BY $2,188 TO RECORD PREPAID SONYMA INSURANCE PREMIUMS, NYSHFA SERVICING FEES AND PREPAID DEBT SERVICE ON THE NYSHFA BONDS INCURRED; DECREASED DUE TO OMH BY $2,187, WHICH IS INCLUDED IN DUE TO GOVERNMENT AGENCIES AND FUNDING SOURCES; DECREASED BONDS PAYABLE BY $191,529 FOR BOND PRINCIPAL PAYMENTS DURING 2011, WHICH IS INCLUDED IN MORTGAGES AND BONDS PAYABLE; INCREASED OMH GRANT REVENUE BY $993,001, WHICH IS INCLUDED IN GRANTS AND CONTRACTS-HOUSING PROGRAMS; INCREASED SONYMA INSURANCE EXPENSE AND NYSHFA SERVICING EXPENSES BY $67,187 AND $33,584, RESPECTIVELY; AND INCREASED NYSHFA INTEREST EXPENSE BY $700,722. PROJECT SHARE INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113029852 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 PROJECT SHARE II INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113119992 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 PROJECT SHARE III INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113266489 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 PROJECT SHARE IV INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113311917 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 PROJECT SHARE V INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113382755 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 PROJECT SHARE VI INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113443065 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 PROJECT SHARE VII INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113525810 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 SHARE VIII INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 113583718 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 SHARE IX INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 020569691 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 SHARE X INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 510441477 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 SHARE XI INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 571198242 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 SHARE XII INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 205228483 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 SHARE XIII INC 312 EXPRESSWAY DRIVE SOUTH MEDFORD NY 11763 205228564 COMMUNITY RESIDENCE PROGRAM FOR PERSONS WITH PSYCHIATRIC DISABILITIES NY 501(C)3 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 PROJECT SHARES I II III IV V VI VII SHARES VIII IX X XI XIIXIII O 253568 FMV PROJECT SHARES I II III IV V VI VII SHARES VIII IX X XI XIIXIII Q 184839 FMV