2013-11-15T10:23:34-06:00 2012-12-31 221478099 COHNREZNICK LLP 1212 6TH AVENUE NEW YORK NY 10036 990 2012-01-01 133846708 COMMON GROUND COMMUNITY II HDFC COMM 2123899300 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 JOHN A MCKEGNEY 2123899300 2013-11-14 1 THOMAS LANNING P00851654 2122970400 2012 2016-03-07 17:11:31Z BRENDA ROSEN 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 1770905 0 X WWW.COMMONGROUND.ORG X 1995 NY THE TENANTS RESIDING IN THE BUILDINGS. OWNING, REHABILITING, MANAGING, MAINTAINING AND OPERATING LOW-INCOME HOUSING PROJECTS AND PROVIDING RELATED SOCIAL SERVICE PROGRAMS TO. 5 3 0 0 0 0 1529862 1301223 2849742 14616 154318 91599 0 363467 4533922 1770905 0 0 0 0 232443 0 0 0 0 835684 1543731 1068127 1543731 3465795 227174 37452569 39055076 8394077 9811800 29058492 29243276 X COMMON GROUND COMMUNITY II H.D.F.C., INC. ("CGC II") WAS ORGANIZED ON JANUARY 26, 1995, UNDER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. CGC II IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM INCOME AND EXCISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CGC II WAS FORMED FOR THE CHARITABLE PURPOSE OF OWNING, REHABILITATING, MANAGING, MAINTAINING AND OPERATING LOW-INCOME HOUSING PROJECTS AND TO PROVIDE RELATED SOCIAL SERVICE PROGRAMS TO THE TENANTS RESIDING IN THE BUILDINGS OWNED BY RELATED ENTITIES. IN ADDITION, CGC II MAY ALSO ACQUIRE PROPERTIES FOR FUTURE DEVELOPMENT AS SUPPORTIVE AND LOW-INCOME HOUSING UNITS. 0 0 1223392 378083 COMMON GROUND COMMUNITY II HDFC'S ("CGCII") PRIMARY EXEMPT PURPOSEIS TO OWN, REHABILITATE, MANAGE, MAINTAIN, AND OPERATE HOUSING ANDSUPPORTIVE SERVICES FOR LOW INCOME AND FORMERLY HOMELESS TENANTSRESIDING IN THE BUILDINGS OWNED BY THE FOLLOWING LIMITEDPARTNERSHIPS, OF WHICH THE GENERAL PARTNER OR CONROLLING MEMBER ISOWNED BY CGCII: PRINCE GEORGE ASSOCIATES LP, BROOK AVENUE HOUSINGLP, HEGEMAN AVENUE HOUSING LP, PITT STREET LP,CG 410 ASYLUM LLC, 1630 DEWEY AVE MANAGING MEMBER, COMMON GROUND CEDARWOODS LLC, AND 410 ASYLUMSTREET HISTORIC LP. IN ADDITION, CGCII MAY ALSO ACQUIREPROPERTIES FOR FUTURE DEVELOPMENT AS SUPPORTIVE AND LOW-INCOMEHOUSING UNITS. 1223392 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 NY X JOHN A MCKEGNEY 2123899300 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 BRENDA ROSEN 5.00 30.00 X X 0 233113 10110 BRUCE ANGIOLILLO 0.50 4.00 X X 0 0 0 ELLEN TAUS 0.50 4.00 X X 0 0 0 JAMES RUBIN 1.00 8.00 X X 0 0 0 LYLE CHURCHILL 1.80 35.00 X 0 161735 30505 TOBY SHERMAN 1.00 36.00 X 0 128048 14302 JOHN A MCKEGNEY 5.00 30.00 X 0 222562 6665 0 745458 61582 0 0 1 0 0 1296223 5000 1301223 DEVELOPMENT FEE INCOME 531110 414611 414611 INVESTMENTS IN PARTNER 531110 -399995 -399995 14616 91599 91599 FORGIVENESS OF DEBT 900099 330000 330000 SERVICE FEES 900099 28000 28000 OTHER 900099 5467 5467 363467 1770905 378083 0 91599 X 307803 302272 5531 2314 2314 26539 3750 22789 273683 273683 43338 43338 190783 190783 5400 5400 SECURITY 319698 303103 16595 BAD DEBT 108909 2072 106837 DEVELOPMENT COSTS 95345 0 95345 DEBT FORGIVENESS 69446 0 69446 100473 96677 3796 1543731 1223392 320339 0 486814 1462 393337 563223 2077871 0 0 2077871 1287511 842427 35284907 35570093 37452569 39055076 144048 287985 330000 4930543 4443943 3319486 4749872 8394077 9811800 X 29033492 29243276 25000 0 29058492 29243276 37452569 39055076 227174 1632 -44022 0 X X 0 1 X 1 1 1 X 1155219 5032712 795657 1529862 1208421 9721871 1155219 5032712 795657 1529862 1208421 9721871 9721871 63274 7107 36 154318 91599 316334 178870 4056 3739352 363467 4285745 14323950 17183549 0.67870 0.67770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1679162 1679162 398709 398709 2077871 CONTRACTUAL RESERVES 2473165 DEVELOPMENT FEE RECEIVABLE 9988037 DUE FROM AFFLIATES 22909118 ACCRUED INTEREST 199773 35570093 DUE TO AFFILIATES 4749872 4749872 X 53524582 1632 51844847 51846479 1678103 92802 92802 1770905 61581995 60131066 60131066 1450929 92802 92802 1543731 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: COMMON GROUND HAS NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2012 AND 2011. COMMON GROUND'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2009 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, COMMON GROUND WILL RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS GENERAL AND ADMINISTRATIVE EXPENSES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED AFLLIATE REVENUE 16,065,743. NOT FOR PROFIT REVENUE 38,112,256. CONSOLIDATED AFLLIATE ELIMINATION -1,764,131. NOT FOR PROFIT ELIMINATION -569,021. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT 92,802. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED AFFLIATE EXPENSE 26,256,880. NOT FOR PROFIT EXPENSE 36,826,415. CONSOLIDATED AFFLIATE ELIMINATION -2,383,208. NOT FOR PROFIT ELIMINATION -569,021. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT 92,802. 0 0 0 0 0 0 0 0 0 BRENDA ROSEN 0 232767 0 0 0 346 0 7216 0 2894 0 243223 0 0 LYLE CHURCHILL 0 160810 0 0 0 925 0 7860 0 22645 0 192240 0 0 JOHN A MCKEGNEY 0 221175 0 0 0 1387 0 2077 0 4588 0 229227 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL NOT BE PROVIDED TO THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE BY REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 273,683. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 273,683. FORM 990, PART XII, LINE 2C: THE SELECTION AND OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VII, SECTION A, LINE 1B: TOBY SHERMAN RECEIVED COMPENSATION FOR THE PERFORMANCE OF SERVICES TO COMMON GROUND MANAGEMENT CORP AS THE DIRECTOR OF HUMAN RESOURCES, ABOUT 35 HOURS PER WEEK. TOBY SHERMAN DID NOT RECEIVE COMPENSATION AS A BOARD MEMBER FOR COMMON GROUND COMMUNITY II HDFC OR BROOK AVENUE HDFC, FOR EACH OF WHICH SHE WORKED ABOUT 1 HOUR PER WEEK. 1630 DEWEY AVE HDFC 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 272373158 HOUSING NY 0 0 COMMON GROUND COMMUNITY II HDFC BOSTON ROAD I HOUSING HDFC 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 462751870 HOUSING NY 0 0 COMMON GROUND COMMUNITY II HDFC CG PITT STREET HDFC 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 161777395 HOUSING NY 1632 85 COMMON GROUND COMMUNITY II HDFC HEGEMAN HDFC HAHD 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 450574352 HOUSING NY 0 0 COMMON GROUND COMMUNITY II HDFC BROOK AVENUE HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 412217113 HOUSING NY 501(C)(3) LINE 9 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND COMMUNITY HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 113048002 HOUSING NY 501(C)(3) LINE 9 N/A 0 COMMON GROUND COMMUNITY III HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 134138205 HOUSING NY 501(C)(3) LINE 7 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND COMMUNITY IV HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 134196931 HOUSING NY 501(C)(3) LINE 7 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND JOBS TRAINING CORPORATION 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133705243 HOUSING NY 501(C)(3) LINE 9 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND MANGEMENT CORP 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133871134 HOUSING NY 501(C)(3) LINE 9 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND OF RC CORPORATION 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 134074775 HOUSING NY 501(C)(3) LINE 9 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND VENTURES CORP 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133705242 HOUSING NY 501(C)(3) LINE 9 COMMON GROUND COMMUNITY HDFC 0 ST MARK'S BROWNSVILLE HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 141971582 HOUSING NY 501(C)(3) LINE 7 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND ASYLUM HTC LLC 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 261676496 REAL ESTATE NY COMMON GROUND COMMUNITY II HDFC 0 9 19 0 1 1.00000 COMMON GROUND CEDARWOODS MANAGEMENT LLC 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 273499936 REAL ESTATE NY COMMON GROUND COMMUNITY II HDFC 0 0 1 1.00000 1630 DEWEY AVENUE MANAGING MEMBER 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 273275092 REAL ESTATE NY N/A C 0 CG BROOK AVE HOUSING CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 743234267 REAL ESTATE NY N/A C 0 CG HEGEMAN AVE HOUSING CORP 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 450574352 REAL ESTATE NY N/A C 0 CHELSEA GP CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 371456098 REAL ESTATE NY N/A C 0 COMMON GROUND 410 ASYLUM LIHTC LLC 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 261676174 REAL ESTATE NY COMMON GROUND COMMUNITY II HDFC C 112939 1.00000 1 PITT STREET HOUSING CORP 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 421715796 REAL ESTATE NY N/A C 0 PRINCE GEORGE GP CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 133967821 REAL ESTATE NY COMMON GROUND COMMUNITY II HDFC C 7729639 0.79000 1 ST MARKS SENIOR HOUSING CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 262589201 REAL ESTATE NY N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0