Skip to content
Nonprofiteer
← ST ANNES GARDENS HOUSING DEVELOMENT FUND COMPANY INC

Form 990 for tax year 2024

Filed by ST ANNES GARDENS HOUSING DEVELOMENT FUND COMPANY INC.

Totals

Total revenue
$1,132,199
Total expenses
$161,443
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$1,132,199
Total assets, end of year
$5,457,829
Total liabilities, end of year
$2,954,568
Net assets or fund balances, end of year
$2,503,261
Program services expenses (Part IX)
$161,443
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$161,443

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 11a · Other revenue: PASSTHROUGH FROM LP

    total $1,132,199 · related or exempt $1,132,199

  • 11e · Other revenue, total

    $1,132,199

Functional expenses

Part IX, the statement of functional expenses.

  • 20 · Interest

    total $161,443 · program services $161,443

Balance sheet

Part X, book values.

  • 13 · Investments: program-related

    beginning of year $4,325,630 · end of year $5,457,829

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,369,985 · end of year $1,531,428

  • 25 · Other liabilities

    beginning of year $1,423,140 · end of year $1,423,140

  • 27 · Net assets without donor restrictions

    beginning of year $1,532,505 · end of year $2,503,261

Mission and programs · 2024

Mission

TO PROVIDE LOW INCOME HOUSING TO RESIDENTS OF THE COMMUNITY ON A NOT-FOR-PROFIT BASIS.

Activities or mission (Part I)

TO PROVIDE LOW INCOME HOUSING TO THE RESIDENTS OF THE COMMUNITY ON A NOT-FOR-PROFIT BASIS.

  • CONSTRUCTED AND OPERATES 100 UNIT LOW INCOME HOUSING PROJECT IN BRENTWOOD, NEW YORK.

    Expenses $161,443 · Revenue $1,132,199

  • THIS ORGANIZATION HAS A LOW-INCOME HOUSING TAX CREDIT CARRYOVER OF THE FOLLOWING:

  • 2001 = $99, 2002 = $100, 2003 = $100, 2004 = $100, 2005 = $100, 2006 = $100, 2007 = $100, 2008 =100, 2009 = $100,2010 = $100, AND 2011 = $1. TOTAL = $1,000; PURSUANT TO SCHEDULE K-1 PASSTHROUGHS. 2011 WAS THE FINAL YEAR OF THE CREDIT PASSTHROUGH.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Smith

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Richard Balcom

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Don Jesus Valdes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Bro Gary Cregan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Fr Stephen Pietrowski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Sr Maryanne Fitzgerald

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Robert J Ahlstrom Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • William G Chapin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ST ANNE'S GARDENS ASSOCIATES LLC

    OWNS LIMITED PARTNERSHIP INTEREST · NY · income $1,226,457 · assets $2,745,428

    Directly controlled by ST ANNE'S GARDENS HOUSING DEVELOPMENT FUND COMPANY INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ST ANNE'S GARDENS LIMITED PARTNERSHIP

    RELATED · LOW INCOME HOUSING · NY · 100% owned · share of income $2,359,918 · share of assets $8,883,045 · general or managing partner

    Directly controlled by ST ANNE'S GARDENS HOUSING DEVELOPMENT FUND COMPANY INC

Provenance

Return type
form_990
Tax year
2024
Filed
22 April 2025
IRS schema version
2024v5.1
Source object
202501139349300330

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.