2013-11-13T17:34:05-06:00 2012-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2012-01-01 133202014 HOUSING PARTNERSHIP DEVELOPMENT CORPORATION HOUS 6462173370 242 WEST 36TH STREET NEW YORK NY 10018 SHELIA MARTIN 6462173370 2013-11-13 1 FREDERICK H ROTHMAN P01275277 2128674000 2012 2016-02-25 16:41:14Z SHELIA MARTIN 242 WEST 36TH STREET NEW YORK NY 10018 2887680 0 X WWW.HOUSINGPARTNERSHIP.COM X 1983 NY TO INCREASE SUPPLY OF LOW/MODERATE HOUSING IN NEW YORK CITY THROUGH NEW HOUSING PRODUCTION AND PRESERVATION, AND TO REVITALIZE NEIGHBORHOODS. 18 12 26 12 0 0 1078776 506100 1506522 2313163 53192 22499 -20347 -41479 2618143 2800283 0 0 0 0 1542688 1624354 0 0 391276 1037812 1074648 2580500 2699002 37643 101281 6287363 6230649 1653909 1875914 4633454 4354735 HPDC FUNCTIONS TO PROVIDE AVAILABLE LOW AND MODERATE COST HOUSING IN THE NEW YORK METRO AREA THROUGH NEW HOUSING PRODUCTION, PRESERVATION, REHABILITATION, AS WELL AS THE REVITALIZATION AND GENTRIFICATION OF NEIGHBORHOODS. 0 0 1793125 2313163 DURING THE YEAR 2012, HPDC HAS SUCCESSFULLY CONTINUED ITS WORK TO INCREASE THE SUPPLY OF LOW AND MODERATE PRICED HOUSING IN THE NYC METRO AREA THROUGH NEW HOUSING PRODUCTION, PRESERVATION AND REHABILITATION OF DISTRESSED PROPERTIES AS WELL AS RENTAL HOUSING. 212378 HPDC HAS ADVISED AND CONSULTED OTHER NON-PROFITS AS WELL AS MUNICIPALITIES AND DEVELOPERS IN CONSTRUCTING HOUSING AND REVITALIZING NEIGHBORHOODS. 110017 PROSPECTIVE HOME BUYERS WERE PROVIDED WITH COUNSELING COURSES TO EDUCATE THEM IN THE ADVANTAGES OF HOME OWNERSHIP, FINANCIAL PLANNING AND UNDERSTANDING DEBT. 2115520 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 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 26 1 0 0 0 0 0 1 1 0 0 0 0 X 18 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X DANIEL MARTIN 6462173373 242 WEST 36TH STREET NEW YORK NY 10018 DANIEL MARTIN 36.00 4.00 X X 269921 0 26389 SHELIA MARTIN 37.00 3.00 X X 170998 0 22769 ABIGAIL PATTERSON 38.00 2.00 X X 123135 0 12949 ELLEN KACKMANN 39.00 3.00 X X 145433 0 11231 LEWIS JONES 1.00 X X 0 0 0 BETH BERNS 1.00 3.00 X X 1837 0 0 SHEILA LATIMER 6.00 1.00 X X 15953 0 957 JAMES HEDDEN 1.00 X X 0 0 0 CHARLES A GATEWOOD 1.00 X 0 0 0 JOHN M MCCARTHY 1.00 X 0 0 0 JOHN L KELLY 1.00 1.00 X 0 0 0 JAMES BASON 1.00 1.00 X 0 0 0 WILLIAM MCCAHILL 1.00 X 0 0 0 THOMAS OSTERMAN 1.00 X 0 0 0 JOAN TALLY 1.00 X 0 0 0 TODD A GOMEZ 1.00 X 0 0 0 DAVID WALSH 1.00 X 0 0 0 DUANE MUTTI 1.00 X 0 0 0 MARC JAHR 1.00 X 0 0 0 ADAM GOLD 55.00 X 101235 0 11111 828512 0 85406 5 0 1 0 KAUFMAN WALES 450 7TH AVENUE PENTHOUSE NEW YORK NY 10123 MANAGEMENT COMPANY 170181 LINEAR ENVIORNMENTAL 10-25 44TH AVENUE LONG ISLAND CITY NY 11101 ENVIRONMENTAL ANALYSIS 144229 KRUTOWN CONSTRUCTION 1780 NOSTRAND AVENUE BROOKLYN NY 11226 CONSTRUCTION 120800 3 245600 260500 506100 PROJECT FEES 531310 2313163 2313163 2313163 22499 22499 45725 245600 87397 -41672 -41672 193 193 193 2800283 2313163 0 -18980 913948 913948 516744 273536 38246 204962 23998 18023 3215 2760 83492 62702 11188 9602 86172 64715 11547 9910 12177 12052 67 58 65500 49190 8777 7533 191405 68915 70084 52406 7785 7785 76363 27760 4035 44568 35461 15778 4607 15076 187030 138820 25970 22240 7724 6140 846 738 22558 16392 2440 3726 45881 34187 6459 5235 124743 120356 2026 2361 BAD DEBT 275000 275000 23021 18006 2699 2316 2699002 2115520 192206 391276 2902471 4003763 1300301 219927 298199 204243 142726 107846 1239179 98485 1155832 1140694 487834 554176 6287363 6230649 540606 763590 1010030 1009037 103273 103287 1653909 1875914 X 4240774 4316882 392680 37853 4633454 4354735 6287363 6230649 X 101281 -380000 X X 0 1 X 1 0 X 370320 460680 581625 1078776 506100 2997501 2154280 1872797 2088284 1506522 2293163 9915046 2524600 2333477 2669909 2585298 2799263 12912547 0 0 0 12912547 62537 16972 8448 53072 22499 163528 62537 16972 8448 53072 22499 163528 263667 135298 5389 193 404547 2587137 2614116 2813655 2643759 2821955 13480622 0.95790 0.92840 0.01210 0.02000 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE REIMBURSEMENT OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24000 24000 24000 24000 2675003 2675003 2699003 2699003 284950 284950 71238 71238 0 0 0 0 276640 277647 279025 284950 1118262 1677393 24183 24600 24000 24000 96783 69160 69412 69756 71238 279566 419349 1025067 1025067 74992 30904 44088 139120 67581 71539 1140694 DUE FROM RELATED ORGANIZATIONS 554176 554176 CASH HELD IN ESCROW 103287 103287 X 3664317 864034 864034 2800283 0 2800283 3582684 883682 883682 2699002 0 2699002 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE GROUP HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOUSRE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2009 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ORGANIZATIONS 864,034. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ORGANIZATIONS 883,682. ANNUAL BENEFIT 291325 245600 45725 87397 291325 245600 45725 87397 87397 -41672 X X X 0 0 0 0 0 0 0 1 0 DANIEL MARTIN 217120 0 52801 0 0 0 13579 0 12810 0 296310 0 0 0 SHELIA MARTIN 141063 0 29935 0 0 0 8710 0 14059 0 193767 0 0 0 ELLEN KACKMANN 132033 0 13400 0 0 0 6692 0 4539 0 156664 0 0 0 PART I, LINE 7 THE HOUSING PARTNERSHIP DOES NOT HAVE A FORMAL EXECUTIVE BONUS PROGRAM IN PLACE. EXECUTIVE BONUSES ARE DISCRETIONARY AND PROVIDED AT THE APPROVAL OF THE BOARD OF DIRECTORS. BONUSES ARE BASED ON WORK PERFORMANCE DURING THE YEAR. THE BOARD OF DIRECTORS RETAINS THE RIGHT TO APPROVE OR DISAPPROVE OF ALL BONUSES. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 WILL BE PROVIDED TO THE AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL BOARD MEMBERS, DIRECTORS, AND OFFICERS, AND SENIOR STAFF, ANNUALLY. IT IS REVIEWED AND DISCUSSED. IT MUST BE SIGNED, LISTING ANY ITEMS THAT COULD BE A CONFLICT AND RETURNED TO THE GENERAL COUNSEL. THOSE WITH CONFLICTS ARE ASKED TO RECUSE THEMSELVES FROM ANY DECISIONS RELATED TO CONFLICTING INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MEETS EVERY DECEMBER. THE COMPENSATION COMMITTEE IS MADE UP OF MEMBERS OF THE BOARD OF DIRECTORS AND THEY DETERMINE AND APPROVE THE OFFICERS SALARIES. THE PROCESS WAS LAST PERFORMED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 ALL OF HPDC'S GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: DISPOSITION OF RESTRICTED FUNDS -380,000. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. COMMUNITY PARTNERSHIP DEV CORP 242 W 36TH STREET NEW YORK NY 10018 133202014 ADMINISTERS LOANS TO HELP SMALL MINORITY BUILDERS COVER DEVELOPMENT COSTS NY 501(C)(3) LINE 9 N/A 0 NYC PARTNERSHIP HDFC INC 242 W 36TH STREET NEW YORK NY 10018 133202018 EXECUTES CONTRACTS WITH GOV'T ENTITIES FOR APPLICATION OF PUBLIC FUNDS NY 501(C)(3) PF N/A 0 ORANGE COUNTY HDFC 242 W 36TH STREET NEW YORK NY 10018 900518507 HOUSING NY 501(C)(3) LINE 9 NYC PARTNERSHIP HDFC INC 0 RESIDENTIAL INTEGRATED SOLUTIONS CORPORATION 242 W 36TH STREET NEW YORK NY 10018 133851936 HOUSING NY 501(C)(3) LINE 9 N/A 0 11 BROADWAYHP LIB HDFC INC 242 W 36TH STREET NEW YORK NY 10018 272785939 HOUSING NY N/A C 0 2081 MADISON HDFC INC 242 W 36TH STREET NEW YORK NY 10018 455363494 HOUSING NY N/A C 0 45 EAST 131ST STREET HDF CORPORATION 242 W 36TH STREET NEW YORK NY 10018 451487799 HOUSING NY N/A C 0 45 STREET HDFC INC 242 W 36TH STREET NEW YORK NY 10018 452451494 HOUSING NY N/A C 0 ADHP HDFC INC 242 W 36TH STREET NEW YORK NY 10018 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