2013-11-20T15:46:20-06:00 2012-12-31 221478099 COHNREZNICK LLP 1212 6TH AVENUE NEW YORK NY 10036 990 2012-01-01 134196931 COMMON GROUND COMMUNITY IV HDFC COMM 2123899300 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 JOHN A MCKEGNEY 2123899300 2013-11-20 1 THOMAS LANNING P00851654 2122970400 2012 2016-03-07 17:11:31Z BRENDA ROSEN 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 3050077 0 X WWW.COMMONGROUND.ORG X 2001 NY OWNING, REHABILITATING, AND OPERATING A TRANSITIONAL HOUSING PROJECT AT 197 BOWERY, NEW YORK CITY, CALLED THE ANDREWS. 4 4 0 0 0 0 3742941 2991403 0 0 0 0 65139 58674 3808080 3050077 0 0 0 0 1687883 0 0 0 0 2637661 4156666 4325544 4156666 -517464 -1106589 17764773 17056703 18398497 18797016 -633724 -1740313 X COMMON GROUND COMMUNITY IV H.D.F.C., INC. ("CGC IV") WAS ORGANIZED ON OCTOBER 23, 2001, UNDER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. CGC IV IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM INCOME AND EXCISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CGC IV WAS FORMED FOR THE CHARITABLE PURPOSE OF OWNING, REHABILITATING, AND OPERATING A HOUSING PROJECT AT 197 BOWERY, NEW YORK CITY ("ANDREWS"). CGC IV PROVIDES EMERGENCY SHELTER AND SOCIAL SERVICES FOR INDIVIDUALS TRANSITIONING FROM HOMELESSNESS TO PERMANENT HOUSING AT ANDREWS. 0 0 3501855 58674 COMMON GROUND COMMUNITY IV HDFC'S (CGC IV) PRIMARY EXEMPT PURPOSE IS TO SUPORT THE TAX-EXEMPT MISSION OF ITS AFFILIATED ORGANIZATION, COMMON GROUND COMMUNITY HDFC. IT ACCOMPLISHES THIS PURPOSE BY OWNING AND OPERATING A HOUSING PROJECT CALLED "THE ANDREWS", LOCATED AT 197 BOWERY, NEW YORK CITY, NY. 3501855 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 0 1 0 0 0 1 0 0 0 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 0 0 0 NY X JOHN A MCKEGNEY 2123899300 505 EIGHTH STREET 5TH FLOOR NEW YORK NY 10018 ANTHONY HANNIGAN 0.50 3.50 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 2.00 33.00 X 0 233113 10110 JOHN A MCKEGNEY 2.00 33.00 X 0 222562 6665 0 455675 16775 0 0 1 0 0 2991403 2991403 58674 0 58674 58674 58674 3050077 58674 0 0 1790260 1790260 2979 2979 1000 1000 539138 539138 818 818 164177 164177 36878 36878 3999 3999 92655 92655 562156 562156 20260 20260 SECURITY 355745 355745 ADMIN OVERHEAD 244043 244043 REPAIR AND MAIN 131643 131643 FORGIVENESS OF DEBT 90278 90278 120637 120637 4156666 3501855 654811 0 2341 1645 1394913 1269975 17193959 2445732 15310383 14748227 1057136 1036856 17764773 17056703 543522 753236 680507 673034 12030266 11846544 5144202 5524202 18398497 18797016 X -633724 -1740313 -633724 -1740313 17764773 17056703 -1106589 0 X X 0 1 X 1 1 1 X 3125725 2499569 2570852 3742941 2991403 14930490 3125725 2499569 2570852 3742941 2991403 14930490 14930490 50907 33304 63038 65139 58674 271062 25583 1545 57854 84982 15286534 0.97670 0.98850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16345184 1886906 14458278 187341 110606 76735 661434 448220 213214 14748227 LENDER RESTRICTED CASH 1020709 CONTRACTUAL RESERVES 962 ADVANCES DUE FROM AFFILIATES 2883 OTHER CURRENT ASSETS 12302 1036856 PREPAID RENT 786 SECURITY DEPOSITS 6729 ACCRUED INTEREST PAYABLE 276376 DUE TO AFFILIATES 5240311 5524202 X 53524582 50474505 50474505 3050077 0 3050077 61581995 57425329 57425329 4156666 0 4156666 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. CONSOLIDATED AFFLIATE ELIMINATIONS -1,764,131. NOT-FOR-PROFIT ENTITY REVENUE 36,741,914. NOT-FOR-PROFIT ENTITY ELMINATIONS -569,021. PART XII, LINE 2D - OTHER ADJUSTMENTS: NOT-FOR-PROFIT ENTITY EXPENSE 34,120,678. NOT-FOR-PROFIT ELIMINATIONS -569,021. CONSOLIDATED AFFLIATE ELIMINATIONS -2,383,208. CONSOLIDATED AFFLIATE EXPENSES 26,256,880. 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 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 BOARD WILL NOT REVIEW THE 900 PRIOR TO FILING. 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 DID NOT CHANGE FROM THE PRIOR YEAR. 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 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 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1