2013-08-15T09:07:45-00:00 2012-12-31 Yeboa & Lawrence CPAs LLP 629 Fifth Avenue Pelham NY 10803 990 2012-01-01 112600290 ALLEN AME HOUSING CORPORATION ALLE 7186571803 110-42 MERRICK BOULEVARD JAMAICA NY 11433 Floyd Flake 2013-08-15 false Pauline Tate 9147120312 2013-08-15 2012 2016-02-24 21:20:13Z Floyd Flake 110-31 Merrick Blvd Jamaica NY 11433 1226767 false X X 1992 NY The corporation provides affordable housing to the underserved, economically challanged individuals of the South Jamaica Community of Queens, New York. The organization also works with local development projects on an administrative level to acquire funds used to augment the housing provision. 9 9 5 0 636784 0 507548 1226767 287324 0 0 1431656 1226767 0 0 464449 435651 0 0 576074 1201295 1040523 1636946 391133 -410179 6974370 5759549 2202025 1342445 4772345 4417104 The organization provides affordable housing to economically challenged residence of South Queens, New York. false false 1490597 1490597 The Corporation provides affordable housing to eligible applicants residing in the South Queens Neighborhood. Some Commercial spaces are rented to businesses to subsidize the below market rents charged to residence. 1490597 true false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 5 true false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true false false false NY X Kevin Howard 7186571803 110-42 Merrick Blvd Jamaica NY 11433 Floyd Flake 010.00 X X X X 150000 0 0 Simone Price 003.00 X X 0 0 0 Richard McEachen 003.00 X X 0 0 0 June P Andrews-Henderson 002.00 X X 0 0 0 Sharon Highland 002.00 X 0 0 0 Jacqueline E Arrington-Pinkard 002.00 X 0 0 0 Gina L Bolden-Rivera 002.00 X 0 0 0 Nadine Morency-Mohs 002.00 X 0 0 0 Patricia Rubens 002.00 X 0 0 0 150000 1 false false false Rental Income 531110 413009 413009 Other income 531110 36365 36365 Developers fee 531110 777393 777393 1226767 1226767 1226767 0 0 0 0 225000 180000 45000 0 143769 115015 28754 0 37161 29694 7467 29721 23777 5944 0 15954 12763 3191 18500 14800 3700 0 0 15104 12083 3021 0 8222 6578 1644 0 0 44472 35578 8894 0 0 0 50132 40106 10026 0 109450 87560 21890 34092 27274 6818 Bad debt expense 146754 146754 Real estate taxes 112740 112740 Repair and maintenance 24160 24160 Utilities 16938 16938 604777 604777 1636946 1490597 146349 0 91804 15410 426679 287751 4417633 4820558 3241210 2628099 1327338 613111 710916 22719 6974370 5759549 689283 417419 90364 86089 592147 15887 830231 823050 2202025 1342445 X 4772345 4417104 4772345 4417104 6974370 5759549 -410179 X false X true X true false X 0 0.00000 4450847 119974 75225 636784 5282830 469449 471217 416224 507548 1226767 3091205 287324 287324 4920296 591191 491449 1431656 1226767 8661359 8661359 32633 349172 23320 405125 0 32633 349172 23320 405125 8120 9100 17220 0 4961049 949463 514769 1431656 1226767 9083704 0.95350 0.91080 0.04460 0.08670 X false 114621 114621 2897894 2475478 422416 12841 7650 5191 215854 144971 70883 613111 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Bank Line Of Credit 774079 Security deposits-Tenants 37721 Due to other investors 11250 823050 1226767 1226767 1226767 1636946 1636946 1636946 Form 990 Part VI Section B Line 11b The CPA firm prepares the form 990 and delivers a copy to the Chairperson of the board of directors and the Director of Finance for examination of the content and accuracy of reporting the information. After a preliminary review of the tax return, the Chairman distributes copies to each board member and the finance director for further review. Upon approval of the form, the CPA firm is notified by the Chairperson to file the form electronically. Form 990 Part VI Section B Line 12c The organization monitors and enforces compliance of its conflict of interest policy. Each member of the board of director and key employees are required to file annually, a disclosure as to whether or not their assigned or voluntary service could give rise to any potential conflict of interest relating to matters of the organization. The Chairperson reviews the signed statements and ensures that compliance with the policy is being followed. Form 990 Part VI Section C Line 19 The organization makes its governing documents, financial statements, tax returns and other related matters available upon written request, either by fax, email or regular mailing.