2013-11-15T10:23:34-06:00 2012-12-31 221478099 COHNREZNICK LLP 1212 6TH AVENUE NEW YORK NY 10036 990 2012-01-01 133871134 COMMON GROUND MANAGEMENT CORP COMM 2123899300 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 JOHN A MCKEGNEY 2123899300 2013-11-14 1 THOMAS LANNING P00851654 2122970400 2012 2016-02-25 16:41:14Z BRENDA E ROSEN 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 16153510 0 X WWW.COMMONGROUND.ORG X 1995 NY MANAGING AFFORDABLE HOUSING PROJECTS DEVELOPED BY THE COMMON GROUND ALL AFFILIATED ENTITIES. ENTITIES, AND THE CENTRAL DISBURSEMENT UNIT FOR COMMON GROUND AND ALL AFFILIATED ENTITIES. 4 4 448 0 0 0 3196670 2741601 1209817 11805744 19 0 351838 1606165 4758344 16153510 0 0 0 0 7900541 17153943 0 0 604230 4413432 2799463 12313973 19953406 -7555629 -3799896 15380711 18569731 46672057 53660973 -31291346 -35091242 X COMMON GROUND MANAGEMENT CORP. ("CGM") WAS ORGANIZED ON JANUARY 26, 1995, UNDER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. CGM IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM INCOME AND EXCISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CGM WAS FORMED FOR THE CHARITABLE PURPOSE OF MANAGING LOW-INCOME HOUSING PROJECTS. IT IS ALSO THE CENTRAL DISBURSEMENT AGENT FOR ALL COMMON GROUND ENTITIES. 0 0 14829295 11601948 COMMON GROUND MANGEMENT CORPORATION "CGM" WAS ORGANIZED TO SUPPORT THE CHARITABLE MISSION OF COMMON GROUND COMMUNITY HDFC AND ITS RELATED TAX-EXEMPT AFFILIATED ORGANIZATIONS,AND MANAGE COMMON GROUND AFFORDABLE HOUSING PROJECTS. CGM PROVIDES ALL FINANCIAL, ADMINISTRATIVE AND HUMAN RESOURCE SERVICES FOR COMMON GROUND. 14829295 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 20 0 1 448 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 NY X JOHN A MCKEGNEY 2123899300 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 ANTHONY HANNIGAN 0.50 3.50 X X 0 0 0 BRUCE ANGIOLILLO 0.50 4.00 X X 0 0 0 DOUGLAS LASDON 0.50 1.50 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 BRENDA ROSEN 10.00 25.00 X 233113 0 10110 JOHN MCKEGNEY 10.00 25.00 X 222562 0 6665 CLAIRE SHEEDY 35.00 X 130692 0 16303 DAVID BEER 35.00 0.50 X 170981 0 30505 JUILE VAN DORE 35.00 X 124112 0 15681 LYLE CHURCHILL 35.00 1.80 X 161735 0 30161 TOBY SHERMAN 35.00 2.00 X 128048 0 14302 1171243 0 123727 12 0 1 0 ALLIED BARTON SECURITY SERVICES LLC 161 WASHINGTON STREET STE 600 CONSHOHOCKEN PA 19428 SECURITY 2732941 LAROSA BUILDING GROUP 163 RESEARCH PKWY MERIDEN CT 06450 BUILDING 733336 PRINCIPAL FINANCIAL GROUP 1155 AVE OF THE AMERICAS 10 NEW YORK NY 10036 INVESTMENT SERVICES 501589 COHNREZNICK LLP 1212 AVENUE OF THE AMERICAS NEW YORK NY 10036 ACCOUNTING 417952 KELLNER HERLIHY GETTY & FRIEDMAN LLP 470 PARK AVE S 7N NEW YORK NY 10016 LEGAL 397038 12 2731601 10000 2741601 MANAGEMENT FEES 531110 11805744 11805744 11805744 13115 0 13115 13115 13115 SETTLEMENT 531110 1256488 1256488 CONSULTING 531110 160741 160741 MARKETING AND RENT 531110 100000 100000 75821 75821 1593050 16153510 13398794 0 13115 472450 352264 107008 13178 12750388 9494877 2894896 360615 132741 20667 107356 4718 1650354 1168425 446897 35032 2148010 1842145 277514 28351 86800 86800 72538 43725 28813 106300 15400 90900 1499233 1070847 361320 67066 51130 50630 500 601678 303897 247073 50708 294203 29259 249575 15369 1142113 460195 681918 31655 17860 12454 1341 119503 119503 160874 160874 104112 71377 32735 CONTRACT SECURITY 808807 808807 BAD DEBTS 223275 0 223275 REPAIRS AND MAINTENANCE 182717 67276 115441 ADMINISTRATION OVERHEAD -3142671 -1110382 -2032289 457196 35226 394118 27852 19953406 14829295 4519881 604230 819862 127662 1219935 2443673 771094 771094 182945 260628 1363777 525604 436070 838173 11950805 14128501 15380711 18569731 4746194 6417950 132332 600000 300000 41325863 46810691 46672057 53660973 X -31317361 -35091242 26015 0 -31291346 -35091242 15380711 18569731 -3799896 0 X X 0 1 X 1 1 1 X 445140 1410515 3270589 3196670 3143653 11466567 1325245 1287236 1590101 1709817 1883927 7796326 1770385 2697751 4860690 4906487 5027580 19262893 0 0 0 19262893 12229 17423 263 19 13115 43049 12229 17423 263 19 13115 43049 66002 271922 410640 351838 1593050 2693452 1848616 2987096 5271593 5258344 6633745 21999394 0.87560 0.93060 0.00200 0.00250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 446568 81555 365013 694654 403504 291150 222555 40545 182010 838173 DUE FROM AFFILIATES 14031691 DEFERRED RENT 9905 SECURITY DEPOSITS 86905 14128501 SECURITY DEPOSITS 42107 DUE TO AFFILIATES 46751280 ACCRUED INTEREST PAYABLE 17304 46810691 X 53524582 402052 46890837 47292889 6231693 9921817 9921817 16153510 61581995 402052 51148354 51550406 10031589 9921817 9921817 19953406 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 AFFLIATE REVENUE 16,065,743. NOT-FOR-PROFIT ELIMINATIONS -569,021. CONSOLIDATED AFFLIATE ELIMINATIONS -1,764,131. NOT-FOR-PROFIT ENTITY REVENUE 33,158,246. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGMENT FEE 9,921,817. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED AFFLIATE EXPENSE 26,256,880. CONSOLIDATED AFFLIATE ELIMINATIONS -2,383,208. NOT-FOR-PROFIT ENTITY EXPENSE -569,021. NOT-FOR-PROFIT ELIMINATIONS 27,843,703. PART XII, LINE 4B - OTHER ADJUSTMENTS: MANAGMENT FEE 9,921,817. X X 0 0 0 0 0 0 0 0 0 BRENDA ROSEN 232767 0 0 0 346 0 7216 0 2894 0 243223 0 0 0 JOHN MCKEGNEY 221175 0 0 0 1387 0 2077 0 4588 0 229227 0 0 0 DAVID BEER 170294 0 0 0 687 0 7860 0 22645 0 201486 0 0 0 LYLE CHURCHILL 160810 0 0 0 925 0 4839 0 25322 0 191896 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 ALL 990'S ARE PREPARED BY COHNREZNICK LLP'S TAX DEPARTMENT AND REVIEWED BY A TAX PARTNER AT COHNREZNICK LLP. THE 990'S MUST AGREE TO THE AUDITED FINANCIAL STATEMENTS. DRAFTS ARE SUBMITTED TO CGC'S CFO FOR REVIEW, AFTER WHICH FINAL RETURNS ARE PRODUCED. THE 990'S ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE, ALONG WITH CGC'S CFO AND EXECUTIVE DIRECTOR. FINAL RETURNS ARE AUTHORIZED AND E-FILED BY COHNREZNICK LLP. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIECTORS OF COMMON GROUND REVIEWS THE COMPENSATION OF THE CEO. COMMON GROUND BELIEVES THAT ITS COMPENSATION IS COMPETITIVE WITH OTHER NOT FOR PROFIT ORGANIZATIONS OF A SIMILAR SCALE AND COMPLEXITY. ON A PERIODIC BASIS, AN INDEPENDENT COMPENSAITON CONSULTING FIRM PREFORMS A BENCHMARKING ANALYSIS TO ASSURE THE COMPETITIVENESS OF THE COMPENSATION STRUCTURE. ALL JOBS WITHIN COMMON GROUND ARE CLASSIFIED, BASED ON THE COMPLEXITY AND SKILL LEVEL REQUIRED FOR THE POSITION. ALL SALARIES ARE REVIEWED ON AN ANNUAL BASIS EFFECTIVE JAN 1, WHICH CORRESPONDS TO THE PERFORMANCE REVIEW CYCLE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE BY REQUEST. FORM 990, PART XII, LINE 2C: THE SELECTION AND OVERSIGHT PROCESS HAS NOT CHANGED FORM THE PRIOR YEAR. COMMON GROUND WINDHAM LLC 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 550866136 HOUSING NY 0 300 COMMON GROUND MANAGEMENT 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 II HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133846708 HOUSING NY 501(C)(3) LINE 7 COMMON GROUND COMMUNITY HDFC 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 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 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 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 VENTURES CORP 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133705242 HOUSING NY 501(C)(3) LINE 9 COMMON GROUND COMMUNITY HDFC 0 COMMON GROUND CEDARWOODS MANAGEMENT LLC 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 273499936 REAL ESTATE NY N/A COMMON GROUND ASYLUM HTC LLC 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 261676496 REAL ESTATE NY N/A CHELSEA GP CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 371456098 REAL ESTATE NY N/A C 0 PRINCE GEORGE GP CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 133967821 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 CG BROOK AVE HOUSING CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 743234267 REAL ESTATE NY N/A C 0 PITT STREET HOUSING CORP 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 421715796 REAL ESTATE NY N/A C 0 ST MARKS SENIOR HOUSING CORPORATION 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 262589201 REAL ESTATE NY N/A C 0 1630 DEWEY AVENUE MANAGING MEMBER 505 EIGHTH AVE 5TH FL NEW YORK NY 10018 273275092 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 N/A C 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1