2024-07-24T13:29:19-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 133171864 HELP ME HOUSING DEVELOPMENT FUND COMPANY INC HELP 8453682400 4 EXECUTIVE BLVD 100 SUFFERN NY 10901 JOHN BRYAN TREASURER 8453682400 2024-07-24 1 JOHN BRYAN XXX-XX-XXXX 1 TRACY CAI P01959755 9143818900 2024-07-24 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z JOHN BRYAN 4 EXECUTIVE BLVD 100 SUFFERN NY 10901 503554 0 X N/A X 1980 NY TO OPERATE AN APARTMENT COMPLEX CONSISTING OF 24 RENTAL UNITS UNDER THE NATIONAL HOUSING ACT. 3 3 0 3 0 0 398300 394523 90669 103112 277 660 1124 5259 490370 503554 0 0 0 0 0 0 0 0 0 431476 412722 431476 412722 58894 90832 396322 499210 453466 465522 -57144 33688 X HELP ME HOUSING DEVELOPMENT FUND COMPANY WAS ORGANIZED IN 1985 FOR THE PURPOSE OF DEVELOPING AND OPERATING A 24-UNIT RESIDENTIAL APARTMENT BUILDING COMPLEX IN NEW CITY, NEW YORK UNDER SECTION 215 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPT. OF HOUSING & URBAN DEVELOPMENT. 0 0 269340 0 103112 DEVELOPMENT AND OPERATION OF A RESIDENTIAL APARTMENT COMPLEX CONSISTING OF 24 RENTAL UNITS IN NEW CITY, NEW YORK. 269340 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 NY X X ARCO MGMT CORP 8453682400 4 EXECUTIVE BLVD 100 SUFFERN NY 10901 X LAURA GLYNN PRESIDENT 1.00 X X 0 0 0 GWEN CANFIELD VICE PRESIDENT 1.00 X X 0 0 0 JOHN BRYAN SECRETARY/TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 FRANK J TUCEK & SON INC 92 NORHT ROUTE 9W CONGERS NY 10920 ROOFING REPAIRS 173400 1 394523 394523 RENTAL INCOME 531110 103112 103112 103112 660 660 REPAIR CHARGES 900099 3800 3800 LAUNDRY AND VENDING 900099 1200 1200 MISCELLANEOUS REVENUE 900099 259 259 5259 503554 103112 0 5919 21201 21201 3847 3847 11252 11252 29799 6740 23059 120517 94658 25859 16493 16493 35553 35553 ALLOCATED PAYROLL 86367 46482 39885 REPAIRS AND MAINTENANCE 69414 69414 BAD DEBTS 18279 18279 412722 269340 143382 0 1559 8491 616 617 18382 10320 7721 8783 2080160 1679275 183408 400885 184636 70114 396322 499210 66561 77498 825 1084 5669 6036 380411 380904 453466 465522 X -57144 33688 -57144 33688 396322 499210 90832 0 X 0 1 X 0 1 1 X 397104 381988 361063 398300 394523 1932978 61179 80066 82795 90669 103112 417821 458283 462054 443858 488969 497635 2350799 0 0 0 2350799 69 284 293 277 660 1583 69 284 293 277 660 1583 1294 3144 1124 5259 10821 458352 463632 447295 490370 503554 2363203 0.99480 0.99720 0.00070 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING - 2020 AMOUNT: $ 960. 2021 AMOUNT: $ 960. 2022 AMOUNT: $ 720. 2023 AMOUNT: $ 1,200. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 334. 2021 AMOUNT: $ 434. 2022 AMOUNT: $ 404. 2023 AMOUNT: $ 259. REPAIR CHARGES - 2021 AMOUNT: $ 1,750. 2023 AMOUNT: $ 3,800. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 120000 120000 1851710 1577510 274200 108450 101765 6685 400885 REPLACEMENT RESERVE 48056 INSURANCE ESCROW 7159 CASH-TENANT SECURITIES 6646 RESIDUAL RECEIPTS 6007 UTILITY DEPOSITS 2235 TAX ESCROW 11 70114 X 503554 0 503554 0 503554 412722 0 412722 0 412722 PART IV, LINE 2B: FUNDS FOR THE PERSONAL USE OF RESIDENTS AND FUNDS RECEIVED AS SECURITY DEPOSITS FOR SERVICES ARE HELD IN TRUST FOR THEM BY THE ENTITY. THESE FUNDS ARE SEGREGATED IN A SEPARATE INTEREST-BEARING ACCOUNT FOR THE TENANTS' BENEFIT AND ARE NOT AVAILABLE FOR OTHER USES. PART X, LINE 2: THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2020. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENTERED INTO A PROPERTY MANAGEMENT AGREEMENT WITH ARCO MANAGEMENT CORP, AN UNRELATED THIRD PARTY. THE MANAGEMENT COMPANY PROVIDES RENTAL MANAGEMENT, REPAIRS AND SUPERVISION. PROPERTY MANAGEMENT FEE EXPENSE FOR THE YEAR ENDING DECEMBER 31, 2023 WAS $21,201. NO BOARD MEMBERS WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION DID NOT DOCUMENT THE MEETINGS OF THE GOVERNING BODY DURING 2023. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING 2023. FORM 990, PART VI, SECTION B, LINE 11B HELP ME HOUSING DEVELOPMENT FUND COMPANY 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, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST.