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ObjectId: 201712269349302151 - Submission: 2017-08-14
TIN: 16-1265765
SCHEDULE R
(Form 990)
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.
Information about Schedule R (Form 990) and its instructions is at
www.irs.gov/form990
.
OMB No. 1545-0047
20
15
Open to Public Inspection
Name of the organization
PathStone Development Corporation
Employer identification number
16-1265765
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?
Yes
No
(1)
PathStone Corporation Inc
400 East Avenue
Rochester
,
NY
14607
16-0984913
Education, Training, Childhood Education, etc
NY
501(c)(3)
Line 9
N/A
No
(2)
Sojourner House at PathStone Inc
30 Millbank Street
Rochester
,
NY
14619
16-1170113
Provide temporary housing for women and children
NY
501(c)(3)
Line 7
PathStone Corporation
No
(3)
PathStone Housing Action Corporation
400 East Avenue
Rochester
,
NY
14607
16-1183242
Affordable Housing
NY
501(c)(3)
Line 9
PathStone Corporation
No
(4)
Alloway Housing Development Fund Corporation
7 Prince Street7 Prince Street7 Pri
Rochester
,
NY
14607
20-3574586
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(5)
Housing Opportunities Housing Development Fund Corporation
7 Prince Street
Rochester
,
NY
14607
16-1386456
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(6)
Pinnacle Housing Development Fund Corporation
400 East Avenue
Rochester
,
NY
14607
46-0839248
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(7)
Towpath Housing Development Fund Corporation
400 East Avenue
Rochester
,
NY
14607
45-3779513
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(8)
Long Pond Housing Development Fund Corporation
7 Prince Street
Rochester
,
NY
14607
47-1383517
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(9)
Stone Quarry Housing Development Fund Corporation
400 East Avenue
Rochester
,
NY
14607
47-1373029
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(10)
PathStone Wedgepoint Housing Development Fund Corporation
400 East Avenue
Rochester
,
NY
14607
47-3009756
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
(11)
Crerand Commons Housing Development Fund Corporation
400 East Avenue
Rochester
,
NY
14607
81-1064405
Affordable Housing
NY
501(c)(3)
Line 11a, I
PathStone Development Corporation
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2015
Page 2
Schedule R (Form 990) 2015
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
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(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
Yes
No
Yes
No
(1)
Anthony Square LP
7 Prince Street
Rochester
,
NY
14607
16-1589159
Affordable Housing
NY
N/A
N/A
No
No
(2)
April Meadows LP
7 Prince Street
Rochester
,
NY
14607
16-6498924
Affordable Housing
NY
PathStone Development Corporation
Related
-11
49
No
Yes
0.010 %
(3)
Breckenridge on Seneca LLC
7 Prince Street
Rochester
,
NY
14607
30-0730121
Affordable Housing
NY
N/A
N/A
No
No
(4)
Briarwood Place LP
7 Prince Street
Rochester
,
NY
14607
16-1544146
Affordable Housing
NY
N/A
N/A
No
No
(5)
Canal Place LP
7 Prince Street
Rochester
,
NY
14607
75-2975899
Affordable Housing
NY
N/A
N/A
No
No
(6)
Cedar Creek Housing LLC
7 Prince Street
Rochester
,
NY
14607
90-0347268
Affordable Housing
NY
N/A
N/A
No
No
(7)
Central Place LP
7 Prince Street
Rochester
,
NY
14607
16-1520376
Affordable Housing
NY
N/A
N/A
No
No
(8)
Clayton Heights LP
7 Prince Street
Rochester
,
NY
14607
41-2124095
Affordable Housing
NY
N/A
N/A
No
No
(9)
Creekside Clearing LP
7 Prince Street
Rochester
,
NY
14607
05-0607089
Affordable Housing
NY
N/A
N/A
No
No
(10)
Elliott's Landing LP
7 Prince Street
Rochester
,
NY
14607
20-4754791
Affordable Housing
NY
N/A
N/A
No
No
(11)
Elmgrove Place LP
7 Prince Street
Rochester
,
NY
14607
06-1716252
Affordable Housing
NY
N/A
N/A
No
No
(12)
Hale Court LP
7 Prince Street
Rochester
,
NY
14607
20-4754992
Affordable Housing
NY
N/A
N/A
No
No
(13)
Marketview Housing LP
7 Prince Street
Rochester
,
NY
14607
16-1435368
Affordable Housing
NY
N/A
N/A
No
No
(14)
Marketview Phase II LP
7 Prince Street
Rochester
,
NY
14607
16-1458119
Affordable Housing
NY
N/A
N/A
No
No
(15)
MJ Estates II LLC
7 Prince Street
Rochester
,
NY
14607
27-1006415
Affordable Housing
NY
N/A
N/A
No
No
(16)
MJ Estates LP
7 Prince Street
Rochester
,
NY
14607
20-8685429
Affordable Housing
NY
N/A
N/A
No
No
(17)
Monica Homes LLC
7 Prince Street
Rochester
,
NY
14607
61-1592249
Affordable Housing
NY
N/A
N/A
No
No
(18)
Niagara Place LP
7 Prince Street
Rochester
,
NY
14607
16-1478044
Affordable Housing
NY
N/A
N/A
No
No
(19)
Ontario Place LP
7 Prince Street
Rochester
,
NY
14607
75-2975886
Affordable Housing
NY
N/A
N/A
No
No
(20)
Rexford Place LP
7 Prince Street
Rochester
,
NY
14607
20-2201905
Affordable Housing
NY
N/A
N/A
No
No
(21)
Susan B Anthony LP
7 Prince Street
Rochester
,
NY
14607
04-3812069
Affordable Housing
NY
N/A
N/A
No
No
(22)
Westminister Place LP
7 Prince Street
Rochester
,
NY
14607
16-1476222
Affordable Housing
NY
N/A
N/A
No
No
(23)
Woodward LP
7 Prince Street
Rochester
,
NY
14607
16-1489242
Affordable Housing
NY
N/A
N/A
No
No
(24)
Stone Quarry Apartments LLC
7 Prince Street
Rochester
,
NY
14607
47-1372693
Affordable Housing
NY
N/A
N/A
No
No
(25)
PathStone Wedgepoint LLC
7 Prince Street
Rochester
,
NY
14607
47-2752876
Affordable Housing
NY
N/A
N/A
No
No
(26)
Crerand Commons LLC
400 East Ave
Rochester
,
NY
14607
81-1064094
Affordable Housing
NY
N/A
N/A
No
No
(27)
Long Pond Senior Apartments LLC
400 East Ave
Rochester
,
NY
14607
47-1416559
Affordable Housing
NY
N/A
N/A
No
No
(28)
Pinnacle Apartments LLC
7 Prince Street
Rochester
,
NY
14607
45-5425869
Affordable Housing
NY
N/A
N/A
No
No
(29)
Towpath III LP
7 Prince Street
Rochester
,
NY
14607
45-3566045
Affordable Housing
NY
N/A
N/A
No
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?
Yes
No
(1)
Marketview Housing Inc
7 Prince Street
Rochester
,
NY
14607
16-1435367
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
73,400
4,856,254
100.000 %
No
(2)
PathStone Breckenridge Inc
400 East Avenue
Rochester
,
NY
14607
45-4541829
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
-26
509,312
100.000 %
No
(3)
PDC Towpath Corporation
7 Prince Street
Rochester
,
NY
14607
45-3667522
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
100.000 %
No
(4)
Slater Neighborhood Inc
7 Prince Street
Rochester
,
NY
14607
27-1006036
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
15
100.000 %
No
(5)
Pinnacle Managing Member LLC
7 Prince Street
Rochester
,
NY
14607
45-5430014
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
100.000 %
No
(6)
PathStone Stone Quarry Inc
7 Prince Street
Rochester
,
NY
14607
47-1215361
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
100.000 %
No
(7)
PathStone Long Pond Inc
7 Prince Street
Rochester
,
NY
14607
47-1383101
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
100.000 %
No
(8)
PathStone Wedgepoint Managing Member Corp
400 East Avenue
Rochester
,
NY
14607
47-2778399
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
100.000 %
No
(9)
Crerand Commons MM Corporation
400 East Avenue
Rochester
,
NY
14607
81-1075426
General Partner in L.P. Transactions
NY
PathStone Development Corporation
C
100.000 %
No
Schedule R (Form 990) 2015
Page 3
Schedule R (Form 990) 2015
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
No
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
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
Yes
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
No
d
Loans or loan guarantees to or for related organization(s)
............................
1d
Yes
e
Loans or loan guarantees by related organization(s)
............................
1e
Yes
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
Yes
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
Yes
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
Yes
o
Sharing of paid employees with related organization(s)
............................
1o
Yes
p
Reimbursement paid to related organization(s) for expenses
............................
1p
Yes
q
Reimbursement paid by related organization(s) for expenses
............................
1q
Yes
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
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
Schedule R (Form 990) 2015
Page 4
Schedule R (Form 990) 2015
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)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(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
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2015
Page 5
Schedule R (Form 990) 2015
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference
Explanation
Part II
PathStone Development Corporation is also related to other tax-exempt organizations included in a group return.
Schedule R (Form 990) 2015
Additional Data
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