Civic Intelligence

Sr Louise Demarillac Corporation

990 • Fiscal year 2017 • EIN 02-0564719

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 05, 2018

Organization ProfileN/A

Refreshing map…

150 Brielle AvenueStaten Island, NY 10314-6424

(718) 477-6803

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.39x

Higher debt load relative to assets than 41% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

9.46x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Net Margin

18th percentile

-59%

Higher net margin than 18% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Asset Growth

65th percentile

-1.9%

Faster asset growth than 65% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

8.5%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$4,709,132

Down $89,750 (-1.9%) from 2016

Net Assets

Down

$2,853,263

Down $114,848 (-3.9%) from 2016

Liabilities

Up

$1,855,869

Up $25,098 (+1.4%) from 2016

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin18th percentile

Revenue

Up

$196,150

Up $15,332 (+8.5%) from 2016

Expenses

Down

$310,998

Down $8,562 (-2.7%) from 2016

Net Income

Up

-$114,848

Up $23,894 (+17%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $5,062,291Liabilities 2010: $1,671,076Net Assets 2010: $3,391,2152010Assets 2011: $5,586,770Liabilities 2011: $1,960,237Net Assets 2011: $3,626,5332011Assets 2012: $5,674,289Liabilities 2012: $2,154,782Net Assets 2012: $3,519,5072012Assets 2013: $5,166,776Liabilities 2013: $1,768,417Net Assets 2013: $3,398,3592013Assets 2014: $5,029,668Liabilities 2014: $1,758,759Net Assets 2014: $3,270,9092014Assets 2015: $4,917,426Liabilities 2015: $1,810,573Net Assets 2015: $3,106,8532015Assets 2016: $4,798,882Liabilities 2016: $1,830,771Net Assets 2016: $2,968,1112016Assets 2017: $4,709,132Liabilities 2017: $1,855,869Net Assets 2017: $2,853,2632017Assets 2018: $4,649,161Liabilities 2018: $1,883,705Net Assets 2018: $2,765,4562018Assets 2019: $4,576,380Liabilities 2019: $1,906,028Net Assets 2019: $2,670,3522019Assets 2020: $4,510,029Liabilities 2020: $1,932,642Net Assets 2020: $2,577,3872020Assets 2021: $4,410,996Liabilities 2021: $1,974,675Net Assets 2021: $2,436,3212021Assets 2022: $4,299,439Liabilities 2022: $1,985,202Net Assets 2022: $2,314,2372022Assets 2023: $4,260,440Liabilities 2023: $2,032,029Net Assets 2023: $2,228,4112023Assets 2024: $4,245,422Liabilities 2024: $2,101,499Net Assets 2024: $2,143,9232024

Highlighted filing

2017

Assets$4,709,132
Liabilities$1,855,869
Net Assets$2,853,263
Open 2017 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $02010Expenses 2011: $104,2222011Expenses 2012: $272,3202012Revenue 2013: $163,377Expenses 2013: $284,525Net Income 2013: -$121,1482013Revenue 2014: $161,575Expenses 2014: $289,025Net Income 2014: -$127,4502014Revenue 2015: $179,326Expenses 2015: $343,382Net Income 2015: -$164,0562015Revenue 2016: $180,818Expenses 2016: $319,560Net Income 2016: -$138,7422016Revenue 2017: $196,150Expenses 2017: $310,998Net Income 2017: -$114,8482017Revenue 2018: $229,882Expenses 2018: $317,689Net Income 2018: -$87,8072018Revenue 2019: $234,561Expenses 2019: $329,665Net Income 2019: -$95,1042019Revenue 2020: $237,140Expenses 2020: $330,105Net Income 2020: -$92,9652020Revenue 2021: $254,675Expenses 2021: $395,741Net Income 2021: -$141,0662021Revenue 2022: $282,712Expenses 2022: $404,774Net Income 2022: -$122,0622022Revenue 2023: $329,173Expenses 2023: $415,084Net Income 2023: -$85,9112023Revenue 2024: $385,869Expenses 2024: $470,427Net Income 2024: -$84,5582024

Highlighted filing

2017

Revenue$196,150
Expenses$310,998
Net Income-$114,848
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 5, 2018
Return Version
2017v2.2
Gross Receipts
$196,150
Mission and Program Overview

Mission

To own and operate a hud-financed multifamily project for the disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,652,765$4,519,381▼ $133,384
Accounts Receivable$3,268$18,982▲ $15,714
Prepaid Expenses and Deferred Charges$10,072$14,256▲ $4,184
Cash and Non-Interest-Bearing Accounts$24,558$6,997▼ $17,561
Total Assets$4,798,882$4,709,132▼ $89,750
Other Assets Total$108,219$149,516▲ $41,297
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,662,600$1,678,619▲ $16,019
Other Liabilities$135,105$135,094▼ $11
Accounts Payable and Accrued Expenses$32,857$41,381▲ $8,524
Deferred Revenue$209$775▲ $566
Total Liabilities$1,830,771$1,855,869▲ $25,098
Net Assets / Fund Balance
Unrestricted Net Assets$2,968,111$2,853,263▼ $114,848
Total Net Assets Fund Balance$2,968,111$2,853,263▼ $114,848
Total Liabilities and Net Assets / Fund Balance$4,798,882$4,709,132▼ $89,750

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,417,366$843,751$5,261,117
Land$91,983-$91,983
Other Land Buildings$10,032$73,464$83,496
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Brian F Doran EsqChairperson
Dianne PowersDirector
Drpankaj PatelDirector
Joan CatalanoDirector
Katherine ConnorsDirector
Patricia Ghilain RnDirector
Rev Melodee BottariDirector
Sr Dominica Rocchio ScDirector
Sr Eileen Walsh Sc RnDirector
Sr Shiela Brosnan ScDirector
Sr Donna Dodge ScChief Executive Officer
Susan LambertiSecretary
Sr Patricia Mulryan ScTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$194,965
Investment Income
$260
Other Revenue
$925
Change in Net Assets
$-114,848

Audited Revenue Reconciliation

Revenue per Audited Statements
$196,150
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$196,150
Total Revenue per Form 990
$196,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,735
Salaries, Compensation, and Employee Benefits$22,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$133,384--$133,384
Royalties$34,876--$34,876
Other Salaries and Wages$15,398$5,326-$20,724
Interest$16,019--$16,019
Insurance$15,886--$15,886
Fees for Services Management-$15,737-$15,737
Fees for Services Accounting-$15,500-$15,500
Office Expenses-$2,797-$2,797
Payroll Taxes$1,278--$1,278
Other Expenses$17,907$370-$370
Other Employee Benefits$261--$261
All Other Expenses$49--$49
Total Functional Expenses$267,069$43,929$0$310,998

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$310,998
Total Expenses per Audited Statements$310,998
Total Expenses per Form 990$310,998
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$130,898
Tenant Security Deposits Payable$4,196
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The project entered into a contract with an independent management company which handles the operation of the building, all building related services, all tenant needs and services, as well as all legal, financial and other matters. All salaries are paid through this independent management company which files all related payroll tax returns.”

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 directors.”

Form 990, Part VI, Section A, Line 7B

“The sole corporate member has the right to review decisions covering significant events or decisions made by the board, should there be the need.”

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 are then 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 requested in writing from board members and key people.”

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, conflict of interest policy and financial statements are made available upon request on an as needed basis as determined by the board of directors.”

FORM 990, PART VII, SECTION A, COLUMN B:

“The board of directors perform goverance 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.”

Filing and Contact Details

Filer

Filer Name
Sr Louise Demarillac
EIN
02-0564719
Phone
7184776803
Address
150 BRIELLE AVENUE, STATEN ISLAND, NY 10314-6424

Signing Officer

Name
Sr Donna Dodge
Title
Chief Executive Officer
Phone
7184776803
Signed
2018-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sr Donna Dodge
Formed
2002
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
D'ARCANGELO & CO LLP
Address
800 WESTCHESTER AVE SUITE N-400, RYE BROOK, NY 10573-1301
Preparer
Vincent P Pancaldo
Phone
9146944600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has annual board meetings to review and approve the audited financial statements. The board also approves the selection of an independent accountant.”

Raw XML AppendixShowing 400 of 601 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt032857
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt041381
IRS990/AccountsReceivableGrp/BOYAmt03268
IRS990/AccountsReceivableGrp/EOYAmt018982
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OWN AND OPERATE A HUD-FINANCED MULTIFAMILY PROJECT FOR THE DISABLED.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt049
IRS990/AllOtherExpensesGrp/TotalAmt049
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STANAN MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum05164861000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033 FRONT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0HEMPSTEAD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0115503601
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt024558
IRS990/CashNonInterestBearingGrp/EOYAmt06997
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0260
IRS990/CYOtherExpensesAmt0288735
IRS990/CYOtherRevenueAmt0925
IRS990/CYProgramServiceRevenueAmt0194965
IRS990/CYRevenuesLessExpensesAmt0-114848
IRS990/CYSalariesCompEmpBnftPaidAmt022263
IRS990/CYTotalExpensesAmt0310998
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0196150
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0209
IRS990/DeferredRevenueGrp/EOYAmt0775
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0133384
IRS990/DepreciationDepletionGrp/TotalAmt0133384
IRS990/Desc0THE ORGANIZATION OWNS AND OPERATES A 19 UNIT APARTMENT BUILDING FOR LOW INCOME PERSONS WITH DISABILITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0267069
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015500
IRS990/FeesForServicesAccountingGrp/TotalAmt015500
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt015737
IRS990/FeesForServicesManagementGrp/TotalAmt015737
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt26.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1230.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN F DORAN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANNE POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm2SR PATRICIA MULRYAN SC
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHERINE CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICIA GHILAIN RN
IRS990/Form990PartVIISectionAGrp/PersonNm5REV MELODEE BOTTARI
IRS990/Form990PartVIISectionAGrp/PersonNm6DRPANKAJ PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm7SR EILEEN WALSH SC RN
IRS990/Form990PartVIISectionAGrp/PersonNm8SR SHIELA BROSNAN SC
IRS990/Form990PartVIISectionAGrp/PersonNm9JOAN CATALANO
IRS990/Form990PartVIISectionAGrp/PersonNm10SUSAN LAMBERTI
IRS990/Form990PartVIISectionAGrp/PersonNm11SR DOMINICA ROCCHIO SC
IRS990/Form990PartVIISectionAGrp/PersonNm12SR DONNA DODGE SC
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0196150
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt015886
IRS990/InsuranceGrp/TotalAmt015886
IRS990/InterestGrp/ProgramServicesAmt016019
IRS990/InterestGrp/TotalAmt016019
IRS990/InvestmentIncomeGrp/ExclusionAmt0260
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0260
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0917215
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04652765
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04519381
IRS990/LandBldgEquipCostOrOtherBssAmt05436596
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OWN AND OPERATE A HUD-FINANCED MULTIFAMILY PROJECT FOR THE DISABLED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01662600
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01678619
IRS990/NetAssetsOrFundBalancesBOYAmt02968111
IRS990/NetAssetsOrFundBalancesEOYAmt02853263
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02797
IRS990/OfficeExpensesGrp/TotalAmt02797
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0108219
IRS990/OtherAssetsTotalGrp/EOYAmt0149516
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0261
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0261
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2BOOKKEEPING
IRS990/OtherExpensesGrp/Desc3MISC. ADMINISTRATIVE EX
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04199
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1370
IRS990/OtherExpensesGrp/ProgramServicesAmt032011
IRS990/OtherExpensesGrp/ProgramServicesAmt117907
IRS990/OtherExpensesGrp/TotalAmt032011
IRS990/OtherExpensesGrp/TotalAmt117907
IRS990/OtherExpensesGrp/TotalAmt24199
IRS990/OtherExpensesGrp/TotalAmt3370
IRS990/OtherLiabilitiesGrp/BOYAmt0135105
IRS990/OtherLiabilitiesGrp/EOYAmt0135094
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY
IRS990/OtherRevenueMiscGrp/ExclusionAmt0469
IRS990/OtherRevenueMiscGrp/ExclusionAmt1456
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0469
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1456
IRS990/OtherRevenueTotalAmt0925
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05326
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015398
IRS990/OtherSalariesAndWagesGrp/TotalAmt020724
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01278
IRS990/PayrollTaxesGrp/TotalAmt01278
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010072
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014256
IRS990/PrincipalOfficerNm0SR DONNA DODGE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTAL PAYMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0145793
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0145793
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt149172
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0130
IRS990/PYOtherExpensesAmt0297555
IRS990/PYOtherRevenueAmt01906
IRS990/PYProgramServiceRevenueAmt0178782
IRS990/PYRevenuesLessExpensesAmt0-138742
IRS990/PYSalariesCompEmpBnftPaidAmt022005
IRS990/PYTotalExpensesAmt0319560
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0180818
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-114848
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0194965
IRS990/RoyaltiesGrp/ProgramServicesAmt034876
IRS990/RoyaltiesGrp/TotalAmt034876
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0130
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0588
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0194965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0178782
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0175591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0159969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0161613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0870920
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0130
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0588
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01280
IRS990ScheduleA/InvestmentIncomeCYPct00.00150
IRS990ScheduleA/InvestmentIncomePYPct00.00180
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0925
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01906
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03597
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01442
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01176
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09046
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98830
IRS990ScheduleA/PublicSupportPY509Pct00.98490
IRS990ScheduleA/PublicSupportTotal509Amt0870920
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0194965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0178782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0175591
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0159969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0161613
IRS990ScheduleA/Total509Grp/TotalAmt0870920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0196150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0180818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0179326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0161575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0163377
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0881246
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04417366
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0843751
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05261117
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0310998
IRS990ScheduleD/LandGrp/BookValueAmt091983
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt091983
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010032
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt073464
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt083496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0130898
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0196150
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04519381
IRS990ScheduleD/TotalExpensesPerForm990Amt0310998
IRS990ScheduleD/TotalLiabilityAmt0135094
IRS990ScheduleD/TotalRevenuePerForm990Amt0196150
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0196150
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0310998
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT ENTERED INTO A CONTRACT WITH AN INDEPENDENT MANAGEMENT COMPANY WHICH HANDLES THE OPERATION OF THE BUILDING, ALL BUILDING RELATED SERVICES, ALL TENANT NEEDS AND SERVICES, AS WELL AS ALL LEGAL, FINANCIAL AND OTHER MATTERS. ALL SALARIES ARE PAID THROUGH THIS INDEPENDENT MANAGEMENT COMPANY WHICH FILES ALL RELATED PAYROLL TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A SOLE CORPORATE MEMBER, WHICH IS ALSO A TAX EXEMPT ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE CORPORATE MEMBER HAS THE ABILITY TO ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SOLE CORPORATE MEMBER HAS THE RIGHT TO REVIEW DECISIONS COVERING SIGNIFICANT EVENTS OR DECISIONS MADE BY THE BOARD, SHOULD THERE BE THE NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO ARE THEN 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL UPDATES REQUESTED IN WRITING FROM BOARD MEMBERS AND KEY PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO BOARD MEMBERS OR OFFICERS RECEIVE ANY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST ON AN AS NEEDED BASIS AS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE BOARD OF DIRECTORS PERFORM GOVERANCE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,709,132
Liabilities
$1,855,869
Net assets
$2,853,263
Revenue
$196,150
Expenses
$310,998
Net income
-$114,848
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.25$2.10$2.14$0.39$0.47$0.08
2023Detailed filing. Detailed filing data is available for this year.$4.26$2.03$2.23$0.33$0.42$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.30$1.99$2.31$0.28$0.40$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$1.97$2.44$0.25$0.40$0.14
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.51$1.93$2.58$0.24$0.33$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$1.91$2.67$0.23$0.33$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$1.88$2.77$0.23$0.32$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.71$1.86$2.85$0.20$0.31$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$1.83$2.97$0.18$0.32$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.92$1.81$3.11$0.18$0.34$0.16
2014Detailed filing. Detailed filing data is available for this year.$5.03$1.76$3.27$0.16$0.29$0.13
2013Detailed filing. Detailed filing data is available for this year.$5.17$1.77$3.40$0.16$0.28$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$2.15$3.52$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$1.96$3.63$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$1.67$3.39$0.00