CONCORSE GARDENS HOUSING DEVELOPMENT FUND COMPANY INC: Form 990, tax year 2009
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- Organization
- CONCORSE GARDENS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 13-3696061)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-11
- IRS object ID
- 201141319349300349
- Schema version
- 2009v1.7
- 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 | 2011-05-11T14:50:04-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'Connor Davies Munns & Dobbins LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 East 42nd Street 36th Fl | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 101653698 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133696061 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONCOURSE GARDENS HOUSING DEVELOPMENT | BusinessNameLine1 |
| Business Name Line2 | FUND CO INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CONC | NameControl |
| Phone | 2129627653 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 PARK PLACE SUITE 1416 No 1416 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10007 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Linda R Hoffman | Name |
| Title | CEO | Title |
| Phone | 2129627653 | Phone |
| Date Signed | 2011-05-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122862600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Linda R Hoffman | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 PARK PLACE SUITE 1416 No 1416 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10007 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 733821 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.nyfsc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | Provides 119 units of subsidized, low income housing for senior citizens. Located at Echo Place off the Grand Concourse in the Bronx, it offers social and recreational services. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 10 | TotalNbrEmployees |
| Total Nbr Volunteers | 5 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 723645 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 727647 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 9399 | InvestmentIncomePriorYear |
| Investment Income Current Year | 885 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5266 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5289 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 738310 | TotalRevenuePriorYear |
| Total Revenue Current Year | 733821 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 199555 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 207767 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 804794 | OtherExpensePriorYear |
| Other Expenses Current Year | 802263 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1004349 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1010030 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -266039 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -276209 | RevenuesLessExpensesCY |
| Total Assets BOY | 8235639 | TotalAssetsBOY |
| Total Assets EOY | 7946722 | TotalAssetsEOY |
| Total Liabilities BOY | 10342386 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 10329678 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -2106747 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -2382956 | NetAssetsOrFundBalancesEOY |
| Mission Description | DEVELOPING, CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY AND HANDICAPPED. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1010030 | Expense |
| Revenue | 727647 | Revenue |
| Description | TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY. | Description |
| Total Program Service Expense | 1010030 | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 0 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| 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 | 10 | 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 |
| Nbr Voting Governing Body Members | 5 | 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 | 0 | 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 | 1 | 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 | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Martha Bauer | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2129627653 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 PARK PLACE SUITE 1416 | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10007 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Deborah Bernstein | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| ELIZABETH TOZER | ||||||
| Vice PRESident | 1.00 | X | X | 0 | 121272 | 0 |
| JOAN FINKELSTEN | ||||||
| EXECUTIVE SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| Stephen Zelnick | ||||||
| ASST SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| ANN VAN NESS | ||||||
| BOARD MEMber | 1.00 | X | 0 | 0 | 0 | |
| ALFRED GOLDFIELD | ||||||
| ASST SECRETARY-TERM ENDED NOV 2009 | 1.00 | X | X | 0 | 0 | 0 |
| Linda R Hoffman | ||||||
| Chief Executive Officer | 1.00 | X | 0 | 463408 | 12879 | |
| Martha Bauer | ||||||
| Chief Financial Officer | 1.00 | X | 0 | 192669 | 14739 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 777349 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 27618 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Allied Barton Security Services | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 828854 | AddressLine1 |
| City | Philadelphia | City |
| State | PA | State |
| ZIP Code | 19182 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Security Services | DescriptionOfServices |
| Compensation | 102857 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RENTAL INCOME | Description |
| Business Code | 531110 | BusinessCode |
| Total Revenue Column | 727647 | TotalRevenueColumn |
| Related Or Exempt Function Income | 727647 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 727647 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 885 | TotalRevenueColumn |
| Exclusion | $885 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 5289 | TotalRevenueColumn |
| Exclusion | $5,289 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5289 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 733821 | TotalRevenueColumn |
| Related Or Exempt Function Income | 727647 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $6,174 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171037 | Total |
| Program Services | 171037 | ProgramServices |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658 | Total |
| Program Services | 658 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21544 | Total |
| Program Services | 21544 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14528 | Total |
| Program Services | 14528 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62832 | Total |
| Program Services | 62832 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1071 | Total |
| Program Services | 1071 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30137 | Total |
| Program Services | 30137 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102857 | Total |
| Program Services | 102857 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6551 | Total |
| Program Services | 6551 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 206212 | Total |
| Program Services | 206212 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 244105 | Total |
| Program Services | 244105 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40672 | Total |
| Program Services | 40672 | ProgramServices |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| operating & maintenance | 102867 | 102867 |
| Misc. EXPenses | 4328 | 4328 |
| BAD DEbt expense | 631 | 631 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1010030 | Total |
| Program Services | 1010030 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135494 | BOY |
| EOY | 81490 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 793 | BOY |
| EOY | 2923 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4072 | BOY |
| EOY | 5625 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10610909 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3373467 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7427031 | BOY |
| EOY | 7237442 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 644505 | BOY |
| EOY | 594489 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23744 | BOY |
| EOY | 24753 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8235639 | BOY |
| EOY | 7946722 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52854 | BOY |
| EOY | 59253 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10233900 | BOY |
| EOY | 10233900 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55632 | BOY |
| EOY | 36525 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10342386 | BOY |
| EOY | 10329678 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -2106747 | BOY |
| EOY | -2382956 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -2106747 | BOY |
| EOY | -2382956 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8235639 | BOY |
| EOY | 7946722 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
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 | 726126 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 704908 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 722909 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 723645 | CurrentTaxYearMinus1Year |
| Current Tax Year | 727647 | CurrentTaxYear |
| Total | 3605235 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 726126 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 704908 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 722909 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 723645 | CurrentTaxYearMinus1Year |
| Current Tax Year | 727647 | CurrentTaxYear |
| Total | 3605235 | 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 | 3605235 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 36515 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 44064 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 42097 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9399 | CurrentTaxYearMinus1Year |
| Current Tax Year | 885 | CurrentTaxYear |
| Total | 132960 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 36515 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 44064 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 42097 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 9399 | CurrentTaxYearMinus1Year |
| Current Tax Year | 885 | CurrentTaxYear |
| Total | 132960 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5680 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6794 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6117 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5266 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5289 | CurrentTaxYear |
| Total | 29146 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 768321 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 755766 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 771123 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 738310 | CurrentTaxYearMinus1Year |
| Current Tax Year | 733821 | CurrentTaxYear |
| Total | 3767341 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.95700 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.95490 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03530 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03710 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | Schedule A, Part IV, Supplemental Information: SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME: OTHER INCOME FOR ALL PERIODS CONSISTS OF MISCELLANEOUS REVENUE COLLECTED FROM LAUNDRY RENTALS PROVIDED FOR THE CONVENIENCE OF THE TENANTS AND FORFEITED SECURITY DEPOSITS. | GeneralExplanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 59500 | OtherCostOrOtherBasis |
| Book Value | 59500 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10489065 | OtherCostOrOtherBasis |
| Depreciation | 3313460 | Depreciation |
| Book Value | 7175605 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 62344 | OtherCostOrOtherBasis |
| Depreciation | 60007 | Depreciation |
| Book Value | 2337 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7237442 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TENANTS SECURITY DEPOSITS | Description |
| Book Value | 24753 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 24753 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANTS' SECURITY DEPOSITS | $11,772 |
| MANAGEMENT FEE PAYABLE | $24,753 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 36525 | TotalOfAmounts |
| Total Revenue | 733821 | TotalRevenue |
| Total Expenses | 1010030 | TotalExpenses |
| Excess Or Deficit For Year | -276209 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | -276209 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 733821 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 733821 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 733821 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1010030 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1010030 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1010030 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part X: | Identifier |
| Return Reference | Description of Uncertain Tax Positions Under FIN 48: | ReturnReference |
| Explanation | Concourse Garden HDFC recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that Concourse Garden HDFC had no uncertain tax positions that would require financial statement recognition. Concourse Garden HDFC is no longer subject to audits by the applicable taxing jurisdictions for periods prior to 2007. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Linda R Hoffman | |||||||||||||
| 0 | 413408 | 0 | 50000 | 0 | 0 | 0 | 0 | 0 | 12879 | 0 | 476287 | 0 | 0 |
| Martha Bauer | |||||||||||||
| 0 | 177669 | 0 | 15000 | 0 | 0 | 0 | 1810 | 0 | 12929 | 0 | 207408 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 3 | The Project purchases management services from its sponsor, New York Foundation for Senior Citizens, Inc., a related entity. These fees are chargeable up to a maximum HUD allowable rate of $44 per unit per month. The management fees incurred during the year ended June 30, 2010 amounted to $62,832. Management fees outstanding at June 30, 2010 were $11,772. |
| Form 990, Part VI, Section B, line 11 | Concourse Gardens hdfc, inc. has its Form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate: when the Form 990 has been prepared, reviewed by management and is ready to be filed with the Internal Revenue Service, its submitted electronically to a representative member of the organization's governing body for any comments prior to its submission. The governing body is provided with one week to review the prepared Form 990 and provide their comments. Any comments are then grouped, summarized and provided to the management committee in charge of filing the return for their review. Each issue is documented and addressed until the return is finalized and approved for filing. |
| Form 990, Part VI, Section B, line 12c | Concourse Gardens hdfc, inc. currently has in place a conflict of interest policy which it annually monitors and enforces. The board currently mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is submitted to the corporate compliance officer who reviews the signed attestations for potential or actual conflicts. If a potential or actual conflict of interest exists, the corporate compliance officer will notify a member of management or the governing body about such conflict and investigate the conflict. The results of the investigation will be summarized and documented by the corporate compliance officer and be reported to the governing body. If the corporate compliance officer establishes that an actual conflict exists, the member of management or the governing body will be notified immediately and will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time there is no longer a conflict. |
| Form 990, Part VI, Section B, line 15a | The salary paid to the CFO and CEO are paid by New York Foundation For Senior Citizens, Inc., a related organization. New York Foundation For Senior Citizens has established a written compensation policy for their compensation committee to follow in establishing the compensation for the CEO, Executive Director, top management official, other officers or key employees. The policy mandates that executive compensation be reviewed annually by the compensation committee and that the committee should be free of conflicts of interest. In addition, the approving compensation committee needs to review appropriate and adequate data to determine the reasonableness of compensation being considered. The compensation committee uses a variety of information and studies that are available to determine that the appropriate level of compensation is being paid to its executives. In July 2010, the compensation committee of New York Foundation For Senior Citizens, Inc. engaged an outside consulting firm to conduct an executive compensation study which included a market evaluation of the top five positions within the organization. The compensation committee's decision on the amount of compensation paid is required to be adequately documented in a contemporaneously written format and should document the date of the decision, the members present during the decision and those who voted on it, the full terms of the transaction that was approved and the comparable data used and relied upon to make the decision. The compensation review process for the CEO, Executive Director, top management official, other officers or key employees was last undertaken in July 2010. |
| Form 990, Part VI, Section C, line 19 | Concourse Gardens HDFC, Inc. makes its Form 990 available for public inspection as required under section 6104 of the Internal Revenue Code by posting it on guidestar.org. In addition, Forms 990 and 1023 as well as the governing documents and financial statements are available upon written request to 11 Park Place, suite 1416, New york, NY, 10007 or by calling the organization directly at (212) 962-7653. |
| FORM 990, PART XI, LINE 2C: | CONCOURSE GARDENS HDFC, INC. HAS A COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
| FORM 990, PART VII: EXPLANATION OF PAYMENT TO ELIZABETH F. TOZER BOARD MEMBER ELIZABETH F. TOZER RECEIVES NO COMPENSATION IN HER CAPACITY AS BOARD MEMBER AND OFFICER. SHE DOES RECEIVE COMPENSATION IN HER CAPACITY AS INTERIOR DESIGN CONSULTANT TO NYFSC, INC., A RELATED ORGANIZATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (12 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| New York Foundation for Senior Citizens Inc - Guardian Services | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133501671 | legal guardian for adults enrolled in NYC's Human Resources Admin. Prgm. | NY | 501(c)(3) | 509(a)(1) | N/A |
| 1850 Second Avenue Services Corp | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133557175 | subsidized housing for the low income. | NY | 501(c)(3) | 509(a)(2) | N/A |
| NEW YORK FOUNDATION FOR SENIOR Citizens Inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 132618568 | IMPROVE the QUALITY OF LIFE FOR the ELDERLY. | NY | 501(c)(3) | 509(a)(1) | N/A |
| New York Foundation for Senior Citizens - Home Attendant Services inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133083852 | Long-term care Home Attendant Program for the eldery. | NY | 501(c)(3) | 509(a)(1) | N/A |
| 80-92 Ridge Street HDFC Inc | |||||||||
| 11 Park Place Suite 1416 | New york | NY | 10007 | 133584060 | subsidized housing for the elderly. | NY | 501(c)(3) | 509(a)(2) | N/A |
| Tenth and 51st HDFC Inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133270654 | subsidized housing for the elderly. | NY | 501(c)(3) | 509(a)(2) | N/A |
| yorkville gardens hdfc inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133085054 | subsidized housing for the elderly. | NY | 501(c)(3) | 509(a)(2) | N/A |
| George daly hdfc inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133535818 | to provide transitional housing for the homeless. | NY | 501(c)(3) | 509(a)(1) | N/A |
| cumberland Gardens hdfc inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133907908 | subsidized housing for the elderly. | NY | 501(c)(3) | 509(a)(2) | N/A |
| alma rangel gardens HDFC inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 134066940 | subsidized housing for the elderly. | NY | 501(c)(3) | 509(a)(2) | N/A |
| riverview gardens hdfc inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 133995933 | subsidized housing for the elderly. | NY | 501(c)(3) | 509(a)(2) | N/A |
| surf Gardens HDFC Inc | |||||||||
| 11 Park Place Suite 1416 | new york | NY | 10007 | 205437122 | subsidized housing for the elderly- Under Construction. | NY | 501(c)(3) | 509(a)(2) | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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