TERESIAN HOUSE HOUSING CORPORATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- TERESIAN HOUSE HOUSING CORPORATION (EIN 14-1819599)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201211369349304586
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T14:20:52-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 WEMBLEY COURT | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141819599 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TERESIAN HOUSE HOUSING CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TERE | NameControl |
| Phone | 5184522552 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WHITE PINE DRIVE | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12203 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD FORRELL | Name |
| Title | ASSISTANT TREASURER | Title |
| Phone | 5184522552 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TERRI CONRAD REGAN | Name |
| Phone | 5184644080 | Phone |
| Date Prepared | 2012-05-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD FORRELL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WHITE PINE DRIVE | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5354300 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.AVILARETIREMENT.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILTIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITHIN THE ROMAN CATHOLIC DIOCESE OF ALBANY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 4 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 89 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4622808 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5349218 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 16254 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5082 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4639062 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5354300 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1214801 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1459095 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4380957 | OtherExpensePriorYear |
| Other Expenses Current Year | 5201739 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5595758 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6660834 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -956696 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1306534 | RevenuesLessExpensesCY |
| Total Assets BOY | 36116107 | TotalAssetsBOY |
| Total Assets EOY | 45072465 | TotalAssetsEOY |
| Total Liabilities BOY | 51026248 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 61306688 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -14910141 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -16234223 | NetAssetsOrFundBalancesEOY |
| Mission Description | TERESIAN HOUSE HOUSING CORPORATION'S PURPOSE IS THE OPERATION OF HOUSING FACILITIES FOR THE ELDERLY, PRINCIPALLY WITHIN THE GEOGRAPHIC AREA WITH THE ROMAN CATHOLIC DIOCESE OF ALBANY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5053806 | Expense |
| Revenue | 5349218 | Revenue |
| Description | THE FUNCTION OF THE AVILA RETIREMENT COMMUNITY IS TO PROVIDE RESIDENTS WITH INDEPENDENT LIVING APARTMENTS AND COTTAGES AND TO PROVIDE THE RESIDENTS WITH CENTRAL DINING AND SPACE FOR A VARIETY OF SOCIAL AND RECREATIONAL ACTIVITIES | Description |
| Total Program Service Expense | 5053806 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 1 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 89 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 4 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 4 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 1 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KATHERINE GRIFFERTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5184522552 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 678 TROY SCHENECTADY ROAD | AddressLine1 |
| City | LATHAM | City |
| State | NY | State |
| ZIP Code | 12110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (5 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BISHOP HOWARD HUBBARD | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| SISTER PAULINE BRECANIER | ||||||
| VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| MICHAEL COSTELLO | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| SISTER KEVIN PATRICIA LYNCH | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| STEVE GRIFFERTY | ||||||
| CFO | X | 0 | 0 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LECESSE CONSTRUCTION SERVICES LLC | |||||
| 75 THRUWAY PARK DRIVE | WEST HENRIETTA | NY | 14586 | CONSTRUCTION SERVICES | 7399352 |
| SODEXHO | |||||
| PO BOX 360170 | PITTSBURGH | PA | 15251 | FOOD SERVICE | 592994 |
| ALCHESTER MANAGEMENT | |||||
| 678 TROY SCHENECTADY ROAD | LATHAM | NY | 12110 | MANAGEMENT SERVICES | 376081 |
| KDA ARCHITECTS | |||||
| 247 LAUREL RD SUITE 200 | VOORHEES | NJ | 08043 | ARCHITECTURE SERVICES | 171687 |
| TOBIN AND GRIFFERTY PC | |||||
| 678 TROY SCHENECTADY ROAD STE 303 | LATHAM | NY | 12110 | LEGAL | 118014 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RESIDENT SERVICE FEES | Description |
| Business Code | 532000 | BusinessCode |
| Total Revenue Column | 5349218 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5349218 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5349218 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5082 | TotalRevenueColumn |
| Exclusion | $5,082 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5354300 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5349218 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $5,082 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1217106 | Total |
| Program Services | 870656 | ProgramServices |
| Management And General | 346450 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31491 | Total |
| Program Services | 31491 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139377 | Total |
| Program Services | 105146 | ProgramServices |
| Management And General | 34231 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71121 | Total |
| Program Services | 54358 | ProgramServices |
| Management And General | 16763 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 287117 | Total |
| Program Services | 23560 | ProgramServices |
| Management And General | 263557 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10246 | Total |
| Program Services | 346 | ProgramServices |
| Management And General | 9900 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20300 | Total |
| Management And General | 20300 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7545 | Total |
| Management And General | 7545 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1271 | Total |
| Management And General | 1271 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 672480 | Total |
| Management And General | 672480 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34803 | Total |
| Program Services | 4604 | ProgramServices |
| Management And General | 30199 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 536053 | Total |
| Program Services | 512200 | ProgramServices |
| Management And General | 23853 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 212112 | Total |
| Program Services | 212112 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1730262 | Total |
| Program Services | 1730262 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149687 | Total |
| Program Services | 49183 | ProgramServices |
| Management And General | 100504 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| DINING SERVICES | 708656 | 708656 | |
| LETTER OF CREDIT AND BA | 466249 | 466249 | |
| GROUNDS AND MAINTENANCE | 161697 | 161697 | |
| OTHER EXPENSES | 94893 | 87450 | 7443 |
| TELEPHONE AND CABLE | 89274 | 89274 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19094 | Total |
| Program Services | 35836 | ProgramServices |
| Management And General | -16742 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6660834 | Total |
| Program Services | 5053806 | ProgramServices |
| Management And General | 1607028 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1668556 | BOY |
| EOY | 3317826 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167917 | BOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225754 | BOY |
| EOY | 1641618 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 373726 | BOY |
| EOY | 86230 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 45603925 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10481235 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27172071 | BOY |
| EOY | 35122690 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2340859 | BOY |
| EOY | 2489962 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1366950 | BOY |
| EOY | 496348 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2800274 | BOY |
| EOY | 1917791 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36116107 | BOY |
| EOY | 45072465 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1576925 | BOY |
| EOY | 565660 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 17304 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18425000 | BOY |
| EOY | 18090000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 671148 | BOY |
| EOY | 318656 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2610000 | BOY |
| EOY | 10882352 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4001065 | BOY |
| EOY | 4161265 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23742110 | BOY |
| EOY | 27271451 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51026248 | BOY |
| EOY | 61306688 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -14910141 | BOY |
| EOY | -16234223 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -14910141 | BOY |
| EOY | -16234223 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36116107 | BOY |
| EOY | 45072465 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1306534 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -17548 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5340047 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5378143 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5266226 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4622808 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5349218 | CurrentTaxYear |
| Total | 25956442 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5340047 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5378143 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5266226 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4622808 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5349218 | CurrentTaxYear |
| Total | 25956442 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 25956442 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 238360 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 192986 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 47625 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16254 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5082 | CurrentTaxYear |
| Total | 500307 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 238360 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 192986 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 47625 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16254 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5082 | CurrentTaxYear |
| Total | 500307 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5578407 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5571129 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5313851 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4639062 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5354300 | CurrentTaxYear |
| Total | 26456749 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.98110 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.97110 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01890 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02890 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 0 | IncludedOnFS |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 44415513 | OtherCostOrOtherBasis |
| Depreciation | 9395579 | Depreciation |
| Book Value | 35019934 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 126800 | OtherCostOrOtherBasis |
| Depreciation | 126800 | Depreciation |
| Book Value | 0 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1061612 | OtherCostOrOtherBasis |
| Depreciation | 958856 | Depreciation |
| Book Value | 102756 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35122690 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MUNICIPAL OBLIGATIONS | Description |
| Book Value | 2489962 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 2489962 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| UNEARNED ENTRANCE FEES | $644,416 |
| REFUNDABLE ENTRANCE FEES | $26,627,035 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 27271451 | TotalOfAmounts |
| Total Revenue | 5354300 | TotalRevenue |
| Total Expenses | 6660834 | TotalExpenses |
| Excess Or Deficit For Year | -1306534 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -17548 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -17548 | TotalAdjustments |
| Excess Or Deficit Per FS | -1324082 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5329267 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -17548 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -17548 | RevenueNotRptdF990 |
| Revenue Subtotal | 5346815 | RevenueSubtotal |
| Investment Expenses Not Included | 7485 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 7485 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5354300 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6653349 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6653349 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 7485 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 7485 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6660834 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | FINANCIAL STATEMENT FOOTNOTE 2, INCOME TAXES, INCLUDES A DISCLOSURE RELATED TO UNCERTAIN TAX POSITIONS UNDER FIN 48. THE TEXT RELATED TO THE ORGANIZATION'S LIABILITY IS AS FOLLOWS: FOR TAX EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD POTENTIALLY OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. AS OF JUNE 30, 2011 AND 2010, THE ORGANIZATION DOES NOT HAVE A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE COMPANY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND NEW YORK STATE. THE COMPANY IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEAR BEFORE 2007. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORMITORY AUTHORITY OF STATE OF NY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 146000293 | IssuerEIN |
| CUSIP Number | 64983UJP6 | CUSIPNumber |
| Date Issued | 2003-07-22 | DateIssued |
| Issue Price | 40265000 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF REITREMENT COMMUNITY | DescriptionOfPurpose |
| Defeased | 1 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 40265000 | TotalProceeds |
| Amount In Reserve Fund | 1948715 | AmountInReserveFund |
| Issuance Costs From Proceeds | 659797 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 3414839 | WorkingCapitalExpenditures |
| Capital Expenditures | 34241649 | CapitalExpenditures |
| Year Of Subst Completion | 2004 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | STEVE GRIFFERTY | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | ORGANIZATION'S CFO AND PARTNER IN THE ORGANIZATION'S LAW FIRM | Relationship |
| Amount Of Transaction | 118014 | AmountOfTransaction |
| Description Of Transaction | LEGAL FEES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | MANAGEMENT COMPANY IS RESPONSIBLE FOR THE DAILY MANAGEMENT OF THE COMMUNITY INCLUDING ACCOUNTING FUNCTIONS. | |
| FORM 990, PART VI, SECTION A, LINE 5 | A MATERIAL DIVERSION OF ASSETS WAS DISCOVERED IN AUGUST 2011, SUBSEQUENT TO THE FISCAL YEAR ENDING WITH THIS REPORT. APPROXIMATELY $1.5 MILLION HAS BEEN IDENTIFIED AS BEING EMBEZZLED FROM THE ORGANIZATION BY A FORMER EMPLOYEE AS A RESULT OF CONTACT FROM THE FORMER EMPLOYEE'S ATTORNEY. THE FORMER EMPLOYEE WAS UNDER THE DIRECT SUPERVISION OF THE MANAGEMENT COMPANY, ALCHESTER GROUP LLC. AN EXTENSIVE REVIEW OF THE ORGANIZATION'S BOOKS WAS UNDERTAKEN BY THE MANAGEMENT COMPANY, A FORENSIC ACCOUNTING FIRM WAS HIRED TO REVIEW THIS WORK, AND THE FBI IS INVESTIGATING THE CASE. CRIMINAL CHARGES HAVE NOT BEEN FILED YET AS THE FBI INVESTIGATION IS STILL UNDERWAY. AS A RESULT OF THIS DIVERSION, INTERNAL CONTROLS OVER CASH ACCOUNTS, INVESTMENT ACCOUNTS AND THE GENERAL LEDGER HAVE BEEN REVIEWED. | |
| FORM 990, PART VI, SECTION A, LINE 8B | THE AGENCY HAS A BOARD OF DIRECTORS THAT HOLDS SEVERAL BOARD MEETINGS THROUGHOUT THE YEAR. MATTERS THAT NEED TO BE HANDLED ARE DISCUSSED AND ADDRESSED AT THESE MEETINGS. MINUTES ARE TAKEN AT EACH MEETING AND THEN COPIES ARE DISTRIBUTED ALONG WITH THE MANGEMENT REPORT PRIOR TO OR AT THE NEXT MEETING. THERE ARE NO OTHER COMMITTEES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | AS PART OF THE ANNUAL AUDIT, OUR INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM PREPARES A DRAFT OF FORM 990 AND RELATED SUPPORTING SCHEDULES FROM OUR INTERNAL RECORDS. WE DESIGNATE AN INDIVIDUAL WITH SUITABLE SKILL, KNOWLEDGE, OR EXPERIENCE TO OVERSEE THESE SERVICES AND WE MAKE ALL MANAGEMENT DECISIONS AND PERFORM ALL MANAGEMENT FUNCTIONS. WE HAVE REVIEWED, APPROVED, AND ACCEPTED RESPONSIBILITY FOR FORM 990 AND THE RELATED SCHEDULES AND BELIEVE THEY ARE ADEQUATELY SUPPORTED BY THE BOOKS AND RECORDS OF TERESIAN HOUSE HOUSING CORPORATION. HOWEVER, DURING 2010 THERE WAS A DEATH OF A KEY PERSON AND ALLEGED MISAPPROPRIATION. DUE TO THESE CIRCUMSTANCES THE RETURN WAS NOT REVIEWED BY THE BOARD PRIOR TO BEING FILED. | |
| ALL MEMBERS OF THE BOARD OF DIRECTORS DISCLOSE OR DISCLAIM ANY RELATED PARTY RELATIONSHIPS AS PART OF BOARD OF DIRECTORS MEETINGS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| SUCH INFORMATION IS PROVIDED IF REQUESTED. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED LOSSES ON INVESTMENTS: -17,548. | FORM 990, PART XI, LINE 5: |
| SAME PROCESS AS PRIOR YEAR WITH THE EXCEPTION OF A NEW INDEPENDENT ACCOUNTING FIRM BEING APPOINTED. | FORM 990, PART XII, LINE 1: |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | REASONABLE CAUSE STATEMENTTHIS RETURN IS BEING FILED ON OR BEFORE MAY 15, 2012 UNDER A VALID FIRST EXTENSION THAT EXTENDED THE RETURN UNTIL FEBRUARY 15, 2012. ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 29, 2012 DUE TO UPGRADES TO IRS ELECTRONIC FILING SYSTEMS AND THE IRS DIRECTED IN NOTICE 2012-4 THAT RETURNS DUE JANUARY 15, 2012 OR FEBRUARY 15, 2012 BE FILED BETWEEN MARCH 1, 2012 AND MARCH 30, 2012 WITHOUT PENALTY.TAXPAYER EXPECTED TO FILE THIS RETURN DURING THAT TIME FRAME, BUT DISCOVERED AN ADDITIONAL, 2ND EXTENSION WAS NEEDED UNTIL MAY 15, 2012. AN EXTENSION REQUEST WAS FILED BEFORE THE MARCH 30, 2012 DUE DATE GIVEN IN NOTICE 2012-4. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN. | Explanation |
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