2025-04-23T10:51:40-05:00 2024-12-31 061667465 PRAGER METIS CPAS LLC 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 10573 990 2024-01-01 113359063 ST HEDWIGS GARDENS HOUSING DEVELOPMENT FUND COMPANY INC STHE 5167337032 90 CHERRY LANE HICKSVILLE NY 118016232 RICHARD BALCOM TREASURER 5167337032 2025-04-22 1 1 JOSEPH J ROSOFF P01046708 9146944600 2025-04-22 2024 2025-03-06 01:10:19Z MICHAEL SMITH 90 CHERRY LANE HICKSVILLE NY 118016232 100 0 0928 X N/A X 1996 NY TO PROVIDE LOW INCOME HOUSING TO RESIDENTS OF THE COMMUNITY ON A NOT-FOR-PROFIT BASIS. 8 8 0 0 0 0 0 0 100 100 0 0 0 0 100 100 0 0 0 0 0 0 0 0 0 190419 192216 190419 192216 -190319 -192116 139210 111026 1329212 1493144 -1190002 -1382118 X TO PROVIDE LOW INCOME HOUSING TO RESIDENTS OF THE COMMUNITY ON A NOT-FOR-PROFIT BASIS. 0 0 192216 100 CREATED AND OPERATES A 27 UNIT LOW INCOME HOUSING PROJECT LOCATED IN FLORAL PARK, NEW YORK. THIS ORGANIZATION HAS A LOW-INCOME HOUSING TAX CREDIT CARRYOVER OF THE FOLLOWING: 1998 = $2,286, 1999 = $310, 2000 = $310, 2001 = $310, 2002 = $310, 2003 = $310, 2004 = $310, 2005 = $310, 2006 = $310, 2007 = $310 & 2008 = $81. TOTAL = $5,157; PURSUANT TO SCHEDULE K-1 PASSTHROUGHS. 2008 WAS THE FINAL YEAR OF THE CREDIT PASSTHROUGH. 192216 1 0 0 0 0 0 0 0 0 0 0 0 0 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 1 1 0 0 0 1 2 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THIS ORGANIZATION 5167337032 90 CHERRY LANE HICKSVILLE NY 11801 X X MICHAEL SMITH PRESIDENT 5.00 X X 0 0 0 RICHARD BALCOM TREASURER 5.00 X X 0 0 0 ROBERT J AHLSTROM JR TRUSTEE 2.00 X 0 0 0 WILLIAM G CHAPIN TRUSTEE 2.00 X 0 0 0 DON JESUS VALDES TRUSTEE 2.00 X 0 0 0 BRO GARY CREGAN TRUSTEE 2.00 X 0 0 0 FR STEPHEN PIETROWSKI TRUSTEE 2.00 X 0 0 0 SR MARYANNE FITZGERALD TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 0 PARTNERSHIP MGMT FEE 531390 100 100 100 100 100 0 0 30208 30208 28284 28284 PASSTHROUGH LOSS FROM L 133724 133724 192216 192216 0 0 X 2500 2600 136710 108426 139210 111026 332369 362577 235678 235678 761165 894889 1329212 1493144 X -1190002 -1382118 -1190002 -1382118 139210 111026 -192116 0 X X 1 X 0 1 0 X 100 100 100 100 100 500 100 100 100 100 100 500 0 0 0 500 100 100 100 100 100 500 1.00000 1.00000 0.00000 X 0 DUE TO RELATED PARTY 35000 INVESTMENT - EXCESS OVER BASIS 859889 894889 X PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE CORPORATION'S FEDERAL TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM WHEN THEY ARE FILED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A SOLE CORPORATE MEMBER, WHICH IS ALSO A TAX EXEMPT ENTITY. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE CORPORATE MEMBER HAS THE ABILITY TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE CORPORATE MEMBER HAS RESERVED POWERS TO: AMEND THE CHARTER AND BY-LAWS, APPROVE A SALE, LEASE, MORTGAGE, OR PLEDGE ANY REAL PROPERTY, REMOVE OR ELECT MEMBERS OF THE BOARD OF TRUSTEES AND APPOINT OFFICERS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL UPDATES ARE REQUESTED IN WRITING FROM THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 NO BOARD MEMBERS OR OFFICERS RECEIVE ANY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST ON AN AS NEEDED BASIS AS DETERMINED BY THE BOARD OF TRUSTEES. THIS ORGANIZATION DOES NOT PROVIDE FORMAL FINANCIAL STATEMENTS. FORM 990, PART VII, SECTION A, COLUMN B: THE BOARD OF TRUSTEES PERFORM GOVERNANCE AND OTHER SERVICES THROUGHOUT THE YEAR FOR THE HOUSING ENTITIES LISTED IN SCHEDULE R, PART II, FOR NO COMPENSATION. THE HOURS LISTED ON PAGE 7, PART VII, SECTION A, COLUMN B, ARE ESTIMATES OF THE AVERAGE WEEKLY COMBINED HOURS WORKED ON ALL OF THESE ENTITIES. FORM 990, PART X, PAGE 11, LINES 23 AND 17 THERE ARE TWO LOANS DUE CATHOLIC CHARITIES, DIOCESE OF ROCKVILLE CENTRE WHICH PROVIDED FUNDS FOR CAPITAL CONTRIBUTIONS TO A LOW INCOME HOUSING LIMITED PARTNERSHIP. THE FIRST LOAN CONSISTS OF AN ORIGINAL PRINCIPAL AMOUNT OF $66,044, PLUS ACCRUED INTEREST THROUGH DECEMBER 31, 2020 OF $83,223. THE SECOND LOAN CONSISTS OF A PRINCIPAL AMOUNT OF $169,634 AND INTEREST THROUGH DECEMBER 31, 2020 OF $167,685. FORM 990, PART XII, LINE 2A: THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE COMPILED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF THE INDEPENDENT ACCOUNTANT. ST HEDWIG'S GARDENS ASSOCIATES LLC 90 CHERRY LANE HICKSVILLE NY 11801 831935008 OWNS LIMITED PARTNERSHIP INTEREST NY 0 0 ST HEDWIGS GARDENS HOUSING DEVELOPMENT FUND COMPANY INC ST JOSEPH'S VILLAGE SR CIT HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112500567 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST AGNES SR CITIZEN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112965433 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST MARY'S MANOR SR CITIZEN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112565791 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST JOHN'S SR CITIZEN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112698458 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 GEORGE LINK JR APARTMENTS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112862292 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP GERALD J RYAN HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112842822 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP KELLENBERG GARDENS SR HSG DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 112611179 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 THEA BOWMAN FSPA HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113210782 HOUSING FOR THE DISABLED AND HANDICAPPED NY 501(C)(3) 509(A)(2) N/A 0 MSGR HENRY J REEL HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113060811 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST PAUL'S GARDENS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113137273 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP JOHN R MCGANN SR HOUSING DEV FD CO 90 CHERRY LANE HICKSVILLE NY 11801 113273995 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 MONSIGNOR HENRY J REEL II HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113440265 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 BISHOP JAMES DALY GARDENS SR HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113508340 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 ST ANNE'S GARDENS HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113442366 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 CABRINI GARDENS SENIOR HOUSING DEV FD CO INC 90 CHERRY LANE HICKSVILLE NY 11801 113623397 LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) 509(A)(2) N/A 0 CARITAS HOUSING CORPORATION 90 CHERRY LANE HICKSVILLE NY 11801 271642425 HOUSING AND HOUSING SERVICES FOR THE DISADVANTAGED NY 501(C)(3) 509(A)(2) N/A 0 ST HEDWIGS GARDENS LIMITED PARTNERSHIP 90 CHERRY LANE HICKSVILLE NY 11801 113359065 LOW INCOME HOUSING NY ST HEDWIGS GARDENS HOUSING DEVELOPMENT COMPANY INC RELATED 321253 1959974 0 1 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0