2024-05-13T15:18:01-04:00 2023-06-30 223363665 GELTRUDE & COMPANY LLC 513 FRANKLIN AVE NUTLEY NJ 071101746 990 2022-07-01 223695479 GALVAN ASSET MANAGEMENT INC GALV 5188220707 252 COLUMBIA STREET HUDSON NY 12534 T ERIC GALLOWAY PRESIDENT 5188220707 2024-05-07 T ERIC GALLOWAY XXX-XX-XXXX false MICHAEL W CARLON P00200642 9736679100 2024-05-07 2022 2023-04-26 12:10:37Z T ERIC GALLOWAY 253 UNION STREET HUDSON NY 12534 1119160 false X HOUSINGRESOURCES.ORG X 1999 NY TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS. 5 3 9 0 1000 1035776 1118012 19 148 0 1035795 1119160 0 0 113474 109292 0 0 998079 1267959 1111553 1377251 -75758 -258091 4235956 4009441 5291577 5211031 -1055621 -1201590 X THE SPECIFIC, PRIMARY AND EXCLUSIVE PURPOSES FOR WHICH THIS CORPORATION IS FORMED IS TO HOLD TITLE TO PROPERTY, COLLECTING MONIES THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO GALVAN HOUSING RESOURCES, INC., A NEW YORK NOT-FOR-PROFIT CORPORATION AND THE GALVAN FOUNDATION CHARITABLE TRUST, A NEW YORK UNINCORPORATED CHARITABLE TRUST. TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS. false false 2314 1119160 TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS. 1374937 TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS. 1374937 1377251 false false false false false false false false false true false false true true false 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 true true true false true 0 0 true 9 true false false false false false false false false X 5 3 true false false false true true true true true false false false true true true true true false false false NY X TAXPAYER 2122928400 42 WEST 39TH STREET NEW YORK NY 10018 X T ERIC GALLOWAY PRESIDENT 5.00 X X 0 0 0 DAN KENT TREASURER 10.00 X X 0 0 0 RAFAL MARKWAT SECRETARY 1.00 X X 0 0 0 RODNEY RUSSO TRUSTEE 1.00 X 0 0 0 RICHARD SCALERA TRUSTEE 1.00 X 0 0 0 false false false 1000 1000 FEE FOR SERVICE INCOME 531110 363781 363781 STATE STREET 531110 163339 163339 RICHARDSON HALL LP 531110 142492 142492 37-47 NORTH 5TH ST, HUDSON 531110 112143 112143 2ND & WARREN 531110 106604 106604 229653 229653 1118012 148 148 1119160 1118012 148 X 109292 94336 21600 28522 14092 208979 10353 101431 216594 101862 SALARIES & WAGES 70600 SALARIES & WAGES 48992 SALARIES & WAGES 46077 REPAIRS 41408 263113 1377251 0 0 0 179317 97014 30614 131222 65917 88242 10810 10567 7677313 4265373 3550173 3411940 95120 120 304005 270336 4235956 4009441 136582 183826 3528068 3449034 1626927 1578171 5291577 5211031 X -1055621 -1201590 -1055621 -1201590 4235956 4009441 X -258091 112122 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 153115 153115 7465619 4166616 3299003 42721 98757 -56036 15858 15858 3411940 CASH - REPLACEMENT RESERVES 164929 ESCROW DEPOSITS 96833 CASH - SECURITY DEPOSITS 13648 DUE FROM AFFILIATES -5074 270336 ACCRUED INTEREST 866494 DUE TO AFFILIATE 648526 SECURITY DEPOSITS 63151 1578171 FORM 990 - ORGANIZATION'S MISSION THE SPECIFIC, PRIMARY AND EXCLUSIVE PURPOSES FOR WHICH THIS CORPORATION IS FORMED IS TO HOLD TITLE TO PROPERTY, COLLECTING MONIES THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO GALVAN HOUSING RESOURCES, INC., A NEW YORK NOT-FOR-PROFIT CORPORATION AND THE GALVAN FOUNDATION CHARITABLE TRUST, A NEW YORK UNINCORPORATED CHARITABLE TRUST. TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS. FORM 990, PAGE 2, PART III, LINE 4D TO PROVIDE LOW-COST, AFFORDABLE RENTAL HOUSING TO LOW-INCOME FAMILIES (AS DETERMINED BY GOVERNMENT GUIDELINES) AND PROVIDE LOW-COST RENTAL SPACE AS ADMINISTRATIVE OFFICES FOR OTHER NOT-FOR-PROFIT AND CHARITABLE CORPORATIONS. FORM 990, PAGE 6, PART VI, LINE 2 HENRY VAN AMERINGEN T. ERIC GALLOWAY TREASURER PRESIDENT SPOUSES RAFAL MARKWAT T. ERIC GALLOWAY SECRETARY PRESIDENT EMPLOYEE/EMPLOYER FORM 990, PAGE 6, PART VI, LINE 6 ACCORDING TO THE BY-LAWS THE SOLE MEMBER OF THE CORPORATION IS GALVAN FOUNDATION CHARITABLE TRUST, AN UNINCORPORATED CHARITABLE TRUST FORM 990, PAGE 6, PART VI, LINE 7A BYLAWS PROVIDE THE POWER TO APPOINT FORM 990, PAGE 6, PART VI, LINE 7B RESERVE POWERS AS REQUIRED UNDER THE NEW YORK STATE STATUE FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW. ONCE THEY HAVE COMPLETED THEIR REVIEW, FORM 990 IS FILED WITH THE GOVERNMENT. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION'S BOARD OF DIRECTORS ANNUALLY SIGN A NO CONFLICT/DISCLOSURE FORM PROVIDED BY NYS DHCR. ANY POTENTIAL STAFF CONFLICT OF INTEREST IS DISCUSSED WITH THE BOARD AND RESOLVED TO ELIMINATE ANY SUCH CONFLICT. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 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