2026-07-10T10:27:46-05:00 2025-08-31 333303535 EFPR ADVISORY LLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2024-09-01 260561516 ARDSLEY HOUSING DEVELOPMENT FUND CORP ARDS 9143328801 PO BOX 814 WHITE PLAINS NY 10602 ANNE NOLON EXECUTIVE DIRECTOR 9143328801 2026-07-06 1 0 DAVID A URBAN CPA P00630018 7166340700 2026-07-06 2024 2025-03-06 01:10:19Z ANNE NOLON PO BOX 814 WHITE PLAINS NY 10602 42132 0 X N/A X 2007 NY DEVELOP AND OPERATE HOMELESS HOUSING. 4 4 0 4 0 0 0 0 41804 42114 17 18 0 0 41821 42132 0 0 0 0 0 3819 0 0 0 43113 52758 43113 56577 -1292 -14445 511027 498087 8051 9556 502976 488531 DEVELOP AND OPERATE HOMELESS HOUSING. 0 0 55299 42114 OPERATION OF A TWO-FAMILY HOUSE FOR THE HOMELESS. TWO ELIGIBLE HOMELESS FAMILIES RENTED THE UNITS WITH RENT PARTIALLY SUBSIDIZED BY GOVERNMENTAL RENTAL ASSISTANCE AND THE ORGANIZATION. 55299 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 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 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X SHOREICARE 9144946653 PO BOX 814 WHITE PLAINS NY 10602 KIMBERLIE JACOBS CHAIRMAN 2.00 4.00 X X 0 0 0 STEPHANIE MINOR VICE CHAIRMAN 1.00 4.00 X X 0 0 0 SUSAN MCCARTHY VICE CHAIR/SECRETARY 1.00 4.00 X X 0 0 0 JOHN WILLIAMS TREASURER 1.00 4.00 X X 0 0 0 LINDA S HOUSER INTERIM EXECUTIVE DIRECTOR (FORMER) 1.00 17.00 X 0 39813 0 0 39813 0 0 0 0 0 0 RENTAL INCOME 531110 42114 42114 42114 18 18 42132 42114 0 18 X 3465 3465 354 330 24 1919 1665 254 6950 6950 100 100 80 80 1200 300 900 17181 17181 3908 3908 MAINTENANCE AND REPAIRS 12178 12178 REAL ESTATE TAXES 7242 7242 CASE MANAGEMENT 2000 2000 56577 55299 1278 0 20124 22537 4970 2224 658361 227619 447923 430742 38010 42584 511027 498087 2280 3784 5771 5772 8051 9556 X 502976 488531 502976 488531 511027 498087 -14445 0 X 0 1 X 0 0 X 10501 10501 33998 16624 33053 41804 42114 167593 33998 16624 43554 41804 42114 178094 0 0 0 178094 1987 75 19 17 18 2116 1987 75 19 17 18 2116 35985 16699 43573 41821 42132 180210 0.98830 0.98780 0.01170 0.01220 X 0 1 X 150000 150000 503024 222282 280742 5337 5337 0 430742 CAPITAL AND REPLACEMENT RESERVE 34199 OPERATING RESERVE 2264 TENANT SECURITY DEPOSIT 5772 OTHER ASSETS 349 42584 X 42132 0 42132 0 42132 56577 0 56577 0 56577 PART IV, LINE 2B: TENANT SECURITY DEPOSITS HELD IN TRUST PAYABLE TO TENANTS UPON MOVING OUT PART X, LINE 2: ARDSLEY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("THE CODE"), AND HAVE BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTION 509(A)(1) OF THE CODE. ARDSLEY HAS ADOPTED THE PROVISIONS PERTAINING TO UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADDITIONAL RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING AUGUST 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION WAS FORMED UNDER THE NEW YORK STATE PRIVATE HOUSING FINANCE LAW TO DEVELOP AND OPERATE A SPECIFIC NEW YORK STATE FUNDED HOMELESS HOUSING PROJECT IN ARDSLEY, NEW YORK. THE ORGANIZATION WAS SPONSORED BY SHORE/ICARE, A NOT-FOR-PROFIT ORGANIZATON ENGAGED IN PROVIDING AFFORDABLE HOUSING BY BRINGING TOGETHER GOVERNMENTAL AND PRIVATE FINANCING. SHELTERING THE HOMELESS IS THE SOLE MEMBER AND WITH ARDSLEY HOUSING DEVELOPMENT FUND CORP., JOINTLY WERE RESPONSIBLE FOR FINANCING AND COMPLETING THE PROJECT IN ACCORDANCE WITH THE TERMS OF VARIOUS GRANT AGREEMENTS AND RESTRICTIVE COVENANTS ENTERED INTO BY BOTH ENTITIES, AND REQUIRES THE OPERATION OF THE CONSTRUCTED PROPERTY AS HOMELESS HOUSING FOR A PERIOD OF 25-YEARS BY NEW YORK STATE AND HOUSING FOR VERY LOW INCOME HOUSING FOR 99 YEARS BY OTHER FUNDING SOURCES. FORM 990, PART VI, SECTION A, LINE 7A AS THE SOLE MEMBER, SHORE/ICARE ELECTS THE BOARD OF DIRECTORS OF ARDSLEY HOUSING DEVELOPMENT FUND CORP. FORM 990, PART VI, SECTION A, LINE 7B SHORE/ICARE, A 501(C)(3) ORGANIZATION, AS THE SOLE MEMBER HAS THE POWER TO APPOINT THE DIRECTORS OF THE BOARD FOR ARDSLEY AND TO DIRECT THE ACTIONS OF THE BOARD AND MUST APPROVE ANY CHANGES IN ARDSLEY'S BY-LAWS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT UTILIZE COMMITTEES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCIAL STATEMENTS AND FORM 990 DRAFTS WERE PRESENTED TO THE FINANCE COMMITTEE OF SHORE AND ARDSLEY HDFC BY THE AUDITOR AND TAX PREPARER. THE FINANCE COMMITTEE OF SHORE AND ARDSLEY HDFC REVIEWED THE DRAFTS AND MADE INQUIRES AND COMMENTS. THE TAX PREPARER MADE THE APPROPRIATE CHANGES AND PRESENTED THE RETURNS TO THE ORGANIZATION FOR SIGNING BY THE OFFICERS. THE FINANCE COMMITTEE AT A SPECIAL BOARD MEETING REPORTED ON THE FINANCIAL STATEMENTS AND TAX FILINGS, AND MADE COPIES AVAILABLE. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND ALSO TO DISCLOSE ANY CONFLICTS TO THE PRESIDENT OF THE BOARD. AT A YEARLY MEETING THE BOARD MEMBERS ARE REQUIRED TO REVIEW THEIR CONFLICT OF INTEREST STATEMENTS AND UPDATE THE QUESTIONNAIRE. DURING THE YEAR, IF THERE IS A CHANGE OF CIRCUMSTANCE OR A NEW MATTER ARISES THAT AFFECTS A DIRECTOR'S INDEPENDENCE THE DIRECTOR IS REQUIRED TO REVIEW THE MATTER WITH THE PRESIDENT OF THE BOARD FOR POSSIBLE REFERRAL TO THE ENTIRE BOARD FOR REVIEW AND DETERMINATION IF A CONFLICT EXISTS AND WHAT GOVERNANCE ACTION SHOULD BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR EXECUTIVE DIRECTOR IS DETERMINED BASED ON A COMPARISON VS. OTHER SIMILARLY SIZED AND/OR FUNCTIONAL ORGANIZATIONS IN THE SECTOR, FORMS 990 OF OTHER ORGANIZATIONS AND COMPENSATIONS SURVEYS ALONG WITH THE GOVERNANCE COMMITTEE INPUT AND ULTIMATE DETERMINATION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION FILES NEW YORK STATE FORM CHAR500 WITH THE NYS ATTORNEY GENERAL'S CHARITIES REGISTRATION BUREAU. THE REPORT INCLUDES COPIES OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990. THE STATE ATTORNEY GENERAL MAKES THE FILINGS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE ORGANIZATION'S RECORDS ARE KEPT AT THE OFFICE OF ITS ORGANIZATIONS OFFICER. REQUESTS CAN BE MADE TO THE ORGANIZATION DURING NORMAL BUSINESS HOURS TO REVIEW ANY PUBLIC FILINGS AND CORPORATE FILING MADE WITH NEW YORK STATE. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 6,950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,950. SHOREICARE PO BOX 814 WHITE PLAINS NY 10602 133323120 HOMELESS HOUSING NY 501(C)(3) 509(A)(1) N/A 0 WHITE PLAINS HOUSING DEVELOPMENT FUND CORPORATION PO BOX 814 WHITE PLAINS NY 10602 133888833 HOMELESS HOUSING NY 501(C)(3) 509(A)(1) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0