TY 2024 Form 990

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
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Attach to Form 990.
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Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

1068 Franklin Avenue HDFC

Employer identification number

20-8317595

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
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Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
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Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	1,561,692		1,561,692
b	Buildings ....	10,060,805	3,647,042	6,413,763
c	Leasehold improvements
d	Equipment ....	28,097	28,097	0
e	Other .....	100,406	100,406	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				7,975,455

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)DUE FROM RELATED AFFILATES				565,509
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				565,509

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
DUE TO RELATED AFFILIATES	5,100,000








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	5,100,000
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

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- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
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Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
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Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

1068 Franklin Avenue HDFC

Employer identification number

20-8317595

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Yes

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1Jose A Rodriguez chief legal officer/exec vp	(i) (ii)	0 ------------- 513,136	0 ------------- 49,195	0 ------------- 0	0 ------------- 16,500	0 ------------- 13,762	0 ------------- 592,593	0 ------------- 0
2Vicky Gatell chief financial officer	(i) (ii)	0 ------------- 403,779	0 ------------- 38,434	0 ------------- 0	0 ------------- 16,500	0 ------------- 30,281	0 ------------- 488,994	0 ------------- 0
3Lymaris Albors chief executive officer	(i) (ii)	0 ------------- 645,441	0 ------------- 191,244	0 ------------- 0	0 ------------- 39,177	0 ------------- 16,891	0 ------------- 892,753	0 ------------- 0
4Raul Russi President	(i) (ii)	0 ------------- 693,183	0 ------------- 203,414	0 ------------- 0	0 ------------- 50,625	0 ------------- 51,206	0 ------------- 998,428	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
SCHEDULE J PART I LINE 3	Pursuant to the Organization's bylaws, the Organization delegates to its parent entity the hiring of the CEO and President. The compensation of the executives is approved by the Parent entity, who hires a consultant to conduct a study. A standing compensation commitee of the Parent entity reviews a compensation study and votes on how to proceed.
SCHEDULE J PART I LINE 7	The Bonuses for the CEO and President are approved by the Board of the Parent entity. The remaining executive bonuses are approved by the CEO.

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

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Software Version:

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SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

1068 Franklin Avenue HDFC

Employer identification number

20-8317595

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 12C	Annual signed statements are provided that affirms that the interested parties are in compliance with the conflict of interest policy.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 15A & 15B	Pursuant to the Organization's bylaws, the Organization delegates to its parent entity the hiring of the CEO and President. The compensation of the executives is approved by the Parent entity, who hires a consultant to conduct a study. A standing compensation committee of the Parent entity reviews a compensation study and votes on how to proceed.
FORM 990, PART XI, LINE 8:	A PRIOR PERIOD ADJUSTMENT OF $ 3,912 WAS RECORDED IN THIS RETURN TO RECONCILE THE BEGINNING BALANCE OF NET ASSETS.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

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SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

1068 Franklin Avenue HDFC

Employer identification number

20-8317595

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)1675 Westchester Avenue Housing Developm 300 E 175th Street Bronx,NY10457 82-2957270	Housing	NY	501(c)(3)	10	PHDFC		No
(2)414-418 East 119th Street Greenhope Hous 300 E 175th Street Bronx,NY10457 13-3391215	Housing	NY	501(c)(3)	7	Acacia		No
(3)458 W 143rd Street HDFC 300 E 175th Street Bronx,NY10457 26-4548133	Housing	NY	501(c)(3)	10	ACDP		No
(4)607 Concord Avenue Housing Development F 300 E 175th Street Bronx,NY10457 13-4146104	Senior Servic	NY	501(c)(3)	10	Hunts Point		No
(5)760 762 763 Fox Street Housing Develop 300 E 175th Street Bronx,NY10457 13-3644188	Housing	NY	501(c)(3)	N/A	NA		No
(6)920 Prospect Avenue Housing Development 300 E 175th Street Bronx,NY10457 13-3805150	Housing	NY	501(c)(3)	10	SBCMC		No
(7)920 Prospect Gardens Housing Development 300 E 175th Street Bronx,NY10457 46-3830943	Housing	NY	501(c)(3)	10	SBCMC		No
(8)Acacia Florida Inc 300 E 175th Street Bronx,NY10457 81-0941278	Development	NY	501(c)(3)	N/A	Acacia		No
(9)Acacia Gardens Housing Development Fund 300 E 175th Street Bronx,NY10457 47-5653309	Housing	NY	501(c)(3)	N/A	Promesa HDFC		No
(10)Acacia Network Housing Inc 300 E 175th Street Bronx,NY10457 26-0076866	Housing	NY	501(c)(3)	10	Acacia		No
(11)Acacia Network Inc 300 E 175th Street Bronx,NY10457 13-4104082	ADMIN	NY	501(C)(3)	12	NA		No
(12)Acacia Puerto Rico Inc 300 E 175th Street Bronx,NY10457 46-4966129	Housing	NY	501(c)(3)	N/A	Promesa		No
(13)Acacia Real Estate Development Inc 300 E 175th Street Bronx,NY10457 82-3595330	Development	NY	501(c)(3)	N/A	Acacia		No
(14)Acacia Sendero Verde HDFC Inc 300 E 175th Street Bronx,NY10457 83-1897415	Housing	NY	501(c)(3)	10	Acacia RE		No
(15)Acacia Sendero Verde II HDFC Inc 300 E 175th Street Bronx,NY10457 61-1926612	Housing	NY	501(c)(3)	10	Acacia RE		No
(16)Audubon Partnership For Economic Develop 300 E 175th Street Bronx,NY10457 13-3927797	Community Ser	NY	501(c)(3)	7	Acacia		No
(17)Ayuda Puerto Rico Inc 300 E 175th Street Bronx,NY10457 82-2853993	Humanitarian	NY	501(c)(3)	7	Acacia		No
(18)Bronx Addiction Services Integrated Conc 300 E 175th Street Bronx,NY10457 13-3244626	Social Servic	NY	501(c)(3)	7	Acacia		No
(19)Bronx Council for Economic Development L 300 E 175th Street Bronx,NY10457 13-3870544	Social Servic	NY	501(c)(3)	7	NA		No
(20)Buffalo Hispanic Management Company Inc 300 E 175th Street Bronx,NY10457 22-3035890	Real Estate	NY	501(c)(3)	N/A	Acacia		No
(21)Capital District Latinos Inc 300 E 175th Street Bronx,NY10457 45-3647494	Social Servic	NY	501(c)(3)	N/A	Acacia		No
(22)Community Association of Progressive Dom 300 E 175th Street Bronx,NY10457 13-3266145	Social Servic	NY	501(c)(3)	7	Acacia		No
(23)Corporation For Youth Energy Corps Inc 300 E 175th Street Bronx,NY10457 13-3072640	Youth Service	NY	501(c)(3)	N/A	Acacia		No
(24)EHCCI Multi-Service Center Inc 300 E 175th Street Bronx,NY10457 13-3263548	Real Estate	NY	501(c)(3)	10	Acacia		No
(25)East Harlem Council For Community Improv 300 E 175th Street Bronx,NY10457 13-2969933	Social Servic	NY	501(c)(3)	10	Acacia		No
(26)East Harlem Council For Community Improv 300 E 175th Street Bronx,NY10457 27-4279072	Housing	NY	501(c)(3)	10	Acacia		No
(27)East Harlem Council For Community Improv 300 E 175th Street Bronx,NY10457 27-4279228	Housing	NY	501(c)(3)	10	Acacia		No
(28)El Barrio Operation Fightback Inc 413 East 120th St New York,NY10035 13-3248777	Housing	NY	501(c)(3)	10	Acacia		No
(29)El Cemi Housing Development Fund Company 300 E 175th Street Bronx,NY10457 13-3540837	Housing	NY	501(c)(3)	7	Acacia		No
(30)El Regreso Inc 300 E 175th Street Bronx,NY10457 06-1179595	Social Servic	NY	501(c)(3)	7	Acacia		No
(31)General Development and Orientation Coun 300 E 175th Street Bronx,NY10457 13-3333051	Social Servic	NY	501(c)(3)	7	Acacia		No
(32)Greenhope Candace House Housing Developm 300 E 175th Street Bronx,NY10457 26-1827054	Housing	NY	501(c)(3)	10	Acacia		No
(33)Greenhope Services For Women Inc 300 E 175th Street Bronx,NY10457 13-2813350	Social Servic	NY	501(c)(3)	7	Acacia		No
(34)Hellgate Management Corp 300 E 175th Street Bronx,NY10457 13-2985574	Real Estate	NY	501(c)(3)	10	Acacia		No
(35)Hispanos Unidos De Buffalo Inc 300 E 175th Street Bronx,NY10457 16-1243094	Social Servic	NY	501(c)(3)	7	Acacia		No
(36)Hunts Point Multi-Service Center Inc 300 E 175th Street Bronx,NY10457 13-2612532	Social Servic	NY	501(c)(3)	7	NA		No
(37)Institute For The Puerto RicanHispanic 300 E 175th Street Bronx,NY10457 13-2987263	Senior Servic	NY	501(c)(3)	7	Acacia		No
(38)La Casa Nuestra HDFC 413 East 120th St New York,NY10035 13-3802313	Housing	NY	501(c)(3)	10	Acacia		No
(39)La Casita II Housing Development Fund Co 300 E 175th Street Bronx,NY10457 13-3621434	Social Servic	NY	501(c)(3)	N/A	NA		No
(40)Latino Alliance Resource And Management 300 E 175th Street Bronx,NY10457 45-7997184	Social Servic	NY	501(c)(3)	10	Acacia		No
(41)LER HDFC 413 East 120th St New York,NY10035 13-4032452	Housing	NY	501(c)(3)	10	Acacia		No
(42)Loisaida Inc 300 E 175th Street Bronx,NY10457 13-3023183	Community Svc	NY	501(c)(3)	7	Acacia		No
(43)Maria Isabel Housing Development Fund Co 300 E 175th Street Bronx,NY10457 13-3192496	Housing	NY	501(c)(3)	10	NA		No
(44)Melrose Park Housing Development Fund Co 300 E 175th Street Bronx,NY10457 81-1573115	Housing	NY	Applied	10	SBCMC		No
(45)Micasita Housing Development Fund Corpor 300 E 175th Street Bronx,NY10457 56-2373229	Housing	NY	501(c)(3)	10	SBCMC		No
(46)MINS Court Housing Company Inc 300 E 175th Street Bronx,NY10457 45-3931968	Housing	NY	501(c)(3)	10	SBCMC		No
(47)OUB Court Housing Company Inc 300 E 175th Street Bronx,NY10457 45-3932032	Housing	NY	501(c)(3)	10	SBCMC		No
(48)Promesa Administrative Services Organiza 300 E 175th Street Bronx,NY10457 13-3653276	Management	NY	501(c)(3)	12	Acacia		No
(49)Promesa Foundation Inc 300 E 175th Street Bronx,NY10457 13-3411787	Admin	NY	501(c)(3)	12	Acacia		No
(50)Promesa Homefirst Housing Development Fu 300 E 175th Street Bronx,NY10457 32-2217515	Development	NY	501(c)(3)	10	Promesa HDFC		No
(51)Promesa Residential Health Care Facility 300 E 175th Street Bronx,NY10457 13-3676681	Nursing Home	NY	501(c)(3)	10	Acacia		No
(52)Queens Village Committee For Mental Heal 300 E 175th Street Bronx,NY10457 11-2140888	Social Servic	NY	501(c)(3)	10	Acacia		No
(53)South Bronx Community Management Company 300 E 175th Street Bronx,NY10457 13-2850133	Housing	NY	501(c)(3)	7	Acacia		No
(54)Spanish Action League Of Onondaga County 300 E 175th Street Bronx,NY10457 16-1023352	Community Ser	NY	501(c)(3)	7	Acacia		No
(55)Structured Employment Economic Developme 300 E 175th Street Bronx,NY10457 13-2875743	Social Servic	NY	501(c)(3)	7	Acacia		No
(56)The Dormitory Project Housing Developmen 300 E 175th Street Bronx,NY10457 13-3989960	Housing	NY	501(c)(3)	10	NA		No
(57)The Julio A Martinez Memorial Fund 300 E 175th Street Bronx,NY10457 81-0623501	Fundraising	NY	501(c)(3)	7	Acacia		No
(58)The Promesa Housing Development Fund Cor 300 E 175th Street Bronx,NY10457 13-3608906	Housing	NY	501(c)(3)	10	Acacia		No
(59)The Puerto Rican Organization To Motivat 300 E 175th Street Bronx,NY10457 13-2663328	Social Servic	NY	501(c)(3)	10	Acacia		No
(60)United Bronx Parents Inc 300 E 175th Street Bronx,NY10457 13-6203312	Social Servic	NY	501(c)(3)	7	Acacia		No
(61)Virginia House HDFC 300 E 175th Street Bronx,NY10457 82-5044576	Housing	NY	501(c)(3)	10	Promesa HDFC		No
(62)Out of the Darkness Inc 884 Maiden Lane Rochester,NY14615 46-4655758	Social Servic	NY	501(c)(3)	7	ACACIA		No
(63)Bronx Venture Corp 2804 Third Avenue Bronx,NY10455 13-2685844	Social servic	NY	501(c)(3)	7	ACACIA		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership
(1) 1675 JV Associates LLC 300 E 175th Street Bronx,NY10457 47-5230890	Housing	NY	Promesa HDFC				No
(2) 245 E Mosholu Apts LLC 300 E 175th Street Bronx,NY10457 27-2032348	Housing	NY	245 E Mosholu				No
(3) 980 Prospect LLC 300 E 175th Street Bronx,NY10457 81-3798935	Real Estate	NY	Promesa Enterpr				No
(4) Acacia Gardens Affordable LLC 300 E 175th Street Bronx,NY10457 47-5661538	Housing	NY	Acacia Gardens				No
(5) Acacia Gardens Development LLC 300 E 175th Street Bronx,NY10457 47-3860202	Development	NY	Acacia Gardens				No
(6) Audubon Pharmacy LLC 300 E 175th Street Bronx,NY10457 83-0662125	Retail Pharma	NY	Promesa Enterpr				No
(7) Bella Vista LP 300 E 175th Street Bronx,NY10457 34-1979317	Housing	NY	Bella Vista				No
(8) Bushwick Gardens I PA LLC 230 Wyoming Ave Kingston,PA18704 84-2219392	Housing	PA	Acacia Brooklyn				No
(9) Casa Acacia LLC 300 E 175th Street Bronx,NY10457 81-3999419	Real Estate	NY	Promesa Enterpr				No
(10) Crotona Park Residences LLC 300 E 175th Street Bronx,NY10457 46-1349705	Housing	NY	Crotona Park				No
(11) Hope Gardens I PA LLC 230 Wyoming Ave Kingston,PA18704 35-2650131	Housing	NY	Acacia Brooklyn				No
(12) La Casa Quinta LP 413 East 120th St New York,NY10035 02-0702106	Housing	NY	El Barrios Oper				No
(13) La Plaza de Virginia GP LLC 254 Virginia St Buffalo,NY14201 85-3220709	Housing	NY	Hispanos Unidos				No
(14) La Plaza de Virginia Owners LLC 254 Virginia Street Buffalo,NY14201 85-3198184	Housing	NY	La Plaza de Vir				No
(15) La Plaza del Barrio LLC 300 E 175th Street Bronx,NY10457 84-1757319	Housing	NY	Acacia Real Est				No
(16) Maria Isabel LP 300 E 175th Street Bronx,NY10457 47-1379298	Housing	NY	Maria Isabel				No
(17) Maria Isabel Members LLC 300 E 175th Street Bronx,NY10457 47-1368298	Housing	NY	Acacia Maria Is				No
(18) Melrose Estates Housing LP 300 E 175th Street Bronx,NY10457 13-4006719	Housing	NY	Melrose Court				No
(19) Palacio Dorado LLC 300 E 175th Street Bronx,NY10457 46-4943810	Housing	NY	Palacio Dorado				No
(20) Promesa Apartments Limited Partnership 300 E 175th Street Bronx,NY10457 20-8678386	Housing	NY	Promesa HDFC				No
(21) Promesa Court Limited Partnership 300 E 175th Street Bronx,NY10457 26-3478423	Housing	NY	Promesa Court				No
(22) Promesa Court Residences Limited Partner 300 E 175th Street Bronx,NY10457 45-5466989	Housing	NY	Promesa Court				No
(23) San Jose LP 413 East 120th St New York,NY10035 26-0020765	Housing	NY	El Barrios Oper				No
(24) San Jose Revedelopment Corp 413 East 120th St New York,NY10035 26-0020792	Housing	NY	El Barrios Oper				No
(25) SV-B Partners LLC 1864 Palmer Ave Larchmont,NY10538 83-4396421	Housing	NY	La Plaza de Bar				No
(26) Urban Renaissance Collaboration Limited 300 E 175th Street Bronx,NY10457 11-3665575	Housing	NY	URC				No
(27) Virginia House Residences LLC 300 E 175th Street Bronx,NY10457 82-3877571	Housing	NY	Virginia House				No
(28) West Tremont Residences LLC 300 E 175th Street Bronx,NY10457 45-1142893	Housing	NY	West Tremont				No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) 152 E 116th HDFC 413 East 120th St New York,NY10035 47-5244245	Housing	NY	El Barrio Opera	C Corp					No
(2) 1675 Westchester Avenue Inc 300 E 175th Street Bronx,NY10457 99-9999999	Housing	NY	Promesa HDFC	C Corp					No
(3) 245 E Mosholu Inc 300 E 175th Street Bronx,NY10457 27-2302190	GP Housing	NY	245 E Mosholu	C Corp					No
(4) 3196 3rd Ave Corp 300 E 175th Street Bronx,NY10457 13-3022624	Real Estate	NY	Don Pancho	C Corp					No
(5) 454 W 146th Street HDFC 300 E 175th Street Bronx,NY10457 20-4498425	Housing	NY	ACDP	C Corp					No
(6) 471 W 145th Street HDFC 300 E 175th Street Bronx,NY10457 40-4498311	Housing	NY	ACDP	C Corp					No
(7) 517 W 173rd Street HDFC 300 E 175th Street Bronx,NY10457 20-2325939	Housing	NY	ACDP	C Corp					No
(8) Acacia Brooklyn Corp 300 E 175th Street Bronx,NY10457 84-2357941	Housing	NY	Acacia Real Est	C Corp					No
(9) Acacia Gardens GP Inc 300 E 175th Street Bronx,NY10457 47-3923905	Housing	NY	Acacia Gardens	C Corp					No
(10) Acacia Maria Isabel Inc 300 E 175th Street Bronx,NY10457 47-1978900	GP Housing	NY	Promesa HDFC	C Corp					No
(11) ACD Affordable Corporation 300 E 175th Street Bronx,NY10457 47-5661682	Housing	NY	Acacia Gardens	C Corp					No
(12) Bella Vista Housing Company Inc 300 E 175th Street Bronx,NY10457 56-2313779	GP Housing	NY	SBCMC	C Corp					No
(13) Bronx Investors Holding Company Inc 300 E 175th Street Bronx,NY10457 13-3266738	Investing Hou	NY	SBCMC	C Corp					No
(14) Crotona Park Managers Inc 300 E 175th Street Bronx,NY10457 46-1343088	GP Housing	NY	Promesa HDFC	C Corp					No
(15) Don Pancho Development Corporation 300 E 175th Street Bronx,NY10457 06-1131835	Maintenance	NY	Bronx Investors	C Corp					No
(16) El Batey Housing Company Inc 300 E 175th Street Bronx,NY10457 13-3855121	GP Housing	NY	SBCMC	C Corp					No
(17) Five Fifteen West Inc 300 E 175th Street Bronx,NY10457 99-9999999	Housing	NY	ACDP	C Corp					No
(18) La Casa Quinta Dev Corp 413 East 120th St New York,NY10035 02-0702103	Housing	NY	El Barrio Opera	C Corp					No
(19) Melrose Court Housing Company Inc 300 E 175th Street Bronx,NY10457 13-3986660	GP Housing	NY	SBCMC	C Corp					No
(20) One Seventy Four Inc 300 E 175th Street Bronx,NY10457 99-9999999	Housing	NY	ACDP	C Corp					No
(21) Palacio Dorado Development Inc 300 E 175th Street Bronx,NY10457 46-4953779	Housing	NY	Acacia Puerto R	C Corp					No
(22) Promesa Collateral Trust 311 East 175th Street Bronx,NY10457 83-6141160	Insurance	NY	Acacian Network	Trust					No
(23) Promesa Community Apartments 1776 Clay Avenue Bronx,NY10457 20-8678278	GP Housing	NY	Promesa HDFC	C Corp					No
(24) Promesa Court Estates Inc 300 E 175th Street Bronx,NY10457 45-5442159	GP Housing	NY	Acacia	C Corp					No
(25) Promesa Enterprises Ltd 300 E 175th Street Bronx,NY10457 13-3819522	Investment Mg	NY	Acacia	C Corp					No
(26) Urban Renaissance Collaboration Inc 300 E 175th Street Bronx,NY10457 06-1669310	GP Housing	NY	Promesa HDFC	C Corp					No
(27) Virginia House Managers Inc 300 E 175th Street Bronx,NY10457 82-3872584	GP Housing	NY	Promesa HDFC	C Corp					No

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

Yes

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) '

Schedule R (Form 990) (Rev. 1-2025)

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE EMERGENCY HOUSING FOR ADULTS IN BRONX, NY.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	4
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	4
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	4
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	650,000	650,000
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	257,077
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	650,000	907,077
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	0	0
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	574,281	603,413
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	574,281	603,413
19	Revenue less expenses. Subtract line 18 from line 12.......	75,719	303,664
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	9,284,962	9,067,858
21	Total liabilities (Part X, line 26).............	9,698,824	9,174,144
22	Net assets or fund balances. Subtract line 21 from line 20.....	-413,862	-106,286

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 602,397 including grants of $ ) (Revenue $ 907,077 )
	Emergency housing for adults.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses602,397

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) Raul Russi...................................................................... President	0.0 ................. 35.0		X	0	896,597	101,831
(2) Lymaris Albors...................................................................... chief executive officer	0.0 ................. 35.0		X	0	836,685	56,068
(3) Jose A Rodriguez...................................................................... chief legal officer/exec vp	0.0 ................. 35.0		X	0	562,331	30,262
(4) Vicky Gatell...................................................................... chief financial officer	0.0 ................. 35.0		X	0	442,213	46,781
(5) Eliezer Rodriguez Esq...................................................................... CHAIR	1.0 ................. 10.0	X	X	0	0	0
(6) Carmen S Melero...................................................................... VICE CHAIR	1.0 ................. 10.0	X	X	0	0	0
(7) Marybeth Hotaling...................................................................... TREASURER	1.0 ................. 10.0	X	X	0	0	0
(8) ARNIE SEGARRA...................................................................... MEMBER	1.0 ................. 10.0	X		0	0	0

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	0	2,737,826	234,942

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		0

		Business Code
2a	RENTAL REVENUE	624200	650,000	650,000
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		650,000

3 Investment income (including dividends, interest, and othersimilar amounts) ......			0
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c	0	0
d	Net rental income or (loss).......			0
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........			0
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a	0
b	Less: direct expenses ...		8b	0
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a	0
b	Less: direct expenses ...		9b	0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
			10a	0
b	Less: cost of goods sold ..		10b	0
c	Net income or (loss) from sales of inventory..			0

Business Code
11a	MISCELLANEOUS INCOME		900099	257,077	257,077
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			257,077
12	Total revenue. See instructions.....			907,077	907,077

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	0
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	0
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	0
4	Benefits paid to or for members .......	0
5	Compensation of current officers, directors, trustees, and key employees ...........	0
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	0
7	Other salaries and wages........	0
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	0
9	Other employee benefits .......	0
10	Payroll taxes ...........	0
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	0
c	Accounting ...........	1,000		1,000
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	0
12	Advertising and promotion ....	0
13	Office expenses .......	16		16
14	Information technology ......	0
15	Royalties ..	0
16	Occupancy ...........	3,700	3,700
17	Travel ............	0
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	0
20	Interest ...........	282,159	282,159
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	251,520	251,520
23	Insurance ...	65,018	65,018
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
b
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	603,413	602,397	1,016	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			533,230	1	526,894
2	Savings and temporary cash investments .........			0	2	0
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			91,667	4	0
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			0	7	0
8	Inventories for sale or use ............			0	8	0
9	Prepaid expenses and deferred charges ......			7,581	9	0
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	11,751,000
b	Less: accumulated depreciation	10b	3,775,545	8,226,975	10c	7,975,455
11	Investments—publicly traded securities .			0	11	0
12	Investments—other securities. See Part IV, line 11 .....			0	12	0
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			425,509	15	565,509
16	Total assets. Add lines 1 through 15 (must equal line 33)...			9,284,962	16	9,067,858

17	Accounts payable and accrued expenses .....	224,082	17	15,217
18	Grants payable ...	0	18	0
19	Deferred revenue .........	0	19	45,833
20	Tax-exempt bond liabilities .........	0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	9,474,742	23	4,013,094
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	0	25	5,100,000
26	Total liabilities. Add lines 17 through 25..	9,698,824	26	9,174,144

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	-413,862	27	-106,286
28	Net assets with donor restrictions ...........	0	28	0
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	-413,862	32	-106,286
33	Total liabilities and net assets/fund balances ........	9,284,962	33	9,067,858