Civic Intelligence

145 South 3Rd Street Housing Development Fund Corporation

990 • Fiscal year 2018 • EIN 04-3661106

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

Organization ProfileLOSSURES.ORG
434 South 5th StreetBrooklyn, NY 11211

(718) 387-3600

Siviq Scores

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

Liabilities / Assets

84th percentile

1.25x

Higher debt load relative to assets than 84% of similar nonprofits.

2018 filings • NTEE L • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

10.12x

Higher debt load relative to revenue than 78% of similar nonprofits.

2018 filings • NTEE L • $5M-$10M nonprofits • Source year 2018

Net Margin

36th percentile

-10%

Higher net margin than 36% of similar nonprofits.

2018 filings • NTEE L • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$130,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2018 filings • NTEE L • $5M-$10M nonprofits • Source year 2018

Asset Growth

28th percentile

-3.2%

Faster asset growth than 28% of similar nonprofits.

2018 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

35%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$8,045,403

Down $264,171 (-3.2%) from 2017

Net Assets

Down

-$2,002,967

Down $99,563 (-5.2%) from 2017

Liabilities

Down

$10,048,370

Down $164,608 (-1.6%) from 2017

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin36th percentile

Revenue

Up

$992,845

Up $259,681 (+35%) from 2017

Expenses

Up

$1,092,408

Up $168,889 (+18%) from 2017

Net Income

Up

-$99,563

Up $90,792 (+48%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $9,616,302Liabilities 2010: $10,147,813Net Assets 2010: -$531,5112010Assets 2011: $9,424,879Liabilities 2011: $10,177,070Net Assets 2011: -$752,1912011Assets 2012: $9,183,583Liabilities 2012: $10,147,898Net Assets 2012: -$964,3152012Assets 2013: $8,900,381Liabilities 2013: $10,085,444Net Assets 2013: -$1,185,0632013Assets 2014: $8,694,818Liabilities 2014: $10,092,275Net Assets 2014: -$1,397,4572014Assets 2015: $8,472,105Liabilities 2015: $10,069,167Net Assets 2015: -$1,597,0622015Assets 2016: $8,321,145Liabilities 2016: $10,034,194Net Assets 2016: -$1,713,0492016Assets 2017: $8,309,574Liabilities 2017: $10,212,978Net Assets 2017: -$1,903,4042017Assets 2018: $8,045,403Liabilities 2018: $10,048,370Net Assets 2018: -$2,002,9672018Assets 2019: $7,793,230Liabilities 2019: $10,125,824Net Assets 2019: -$2,332,5942019Assets 2020: $7,764,504Liabilities 2020: $10,270,958Net Assets 2020: -$2,506,4542020Assets 2021: $7,694,022Liabilities 2021: $10,184,486Net Assets 2021: -$2,490,4642021Assets 2022: $7,648,778Liabilities 2022: $10,169,367Net Assets 2022: -$2,520,5892022Assets 2023: $7,619,498Liabilities 2023: $10,196,903Net Assets 2023: -$2,577,4052023Assets 2024: $7,462,762Liabilities 2024: $10,149,693Net Assets 2024: -$2,686,9312024

Highlighted filing

2018

Assets$8,045,403
Liabilities$10,048,370
Net Assets-$2,002,967
Open 2018 Filing

Operations Trend

Revenue Growth88th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $512,804Expenses 2010: $746,988Net Income 2010: -$234,1842010Revenue 2011: $534,584Expenses 2011: $755,264Net Income 2011: -$220,6802011Expenses 2012: $810,4602012Revenue 2013: $621,737Expenses 2013: $842,485Net Income 2013: -$220,7482013Revenue 2014: $619,093Expenses 2014: $831,487Net Income 2014: -$212,3942014Revenue 2015: $620,675Expenses 2015: $820,280Net Income 2015: -$199,6052015Revenue 2016: $680,869Expenses 2016: $796,856Net Income 2016: -$115,9872016Revenue 2017: $733,164Expenses 2017: $923,519Net Income 2017: -$190,3552017Revenue 2018: $992,845Expenses 2018: $1,092,408Net Income 2018: -$99,5632018Revenue 2019: $914,781Expenses 2019: $1,244,408Net Income 2019: -$329,6272019Revenue 2020: $1,164,649Expenses 2020: $1,359,074Net Income 2020: -$194,4252020Revenue 2021: $1,362,395Expenses 2021: $1,346,405Net Income 2021: $15,9902021Revenue 2022: $1,352,159Expenses 2022: $1,382,284Net Income 2022: -$30,1252022Revenue 2023: $1,329,726Expenses 2023: $1,386,542Net Income 2023: -$56,8162023Revenue 2024: $1,302,233Expenses 2024: $1,411,759Net Income 2024: -$109,5262024

Highlighted filing

2018

Revenue$992,845
Expenses$1,092,408
Net Income-$99,563
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$992,845
Mission and Program Overview

Mission

Organized exclusively for the charitable purpose of developing a housing project for elderly persons of low income.

Operates a 65 unit housing project for elderly persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,532,716$7,351,879▼ $180,837
Savings and Temporary Cash Investments$402,572$495,464▲ $92,892
Cash and Non-Interest-Bearing Accounts$56,359$82,148▲ $25,789
Prepaid Expenses and Deferred Charges$13,950$81,264▲ $67,314
Accounts Receivable$303,977$4,216▼ $299,761
Total Assets$8,309,574$8,045,403▼ $264,171
Other Assets Total$0$30,432▲ $30,432
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,978,400$9,978,400→ $0
Accounts Payable and Accrued Expenses$218,460$50,850▼ $167,610
Other Liabilities$16,118$19,120▲ $3,002
Total Liabilities$10,212,978$10,048,370▼ $164,608
Net Assets / Fund Balance
Unrestricted Net Assets$-1,903,404$-2,002,967▼ $99,563
Total Net Assets Fund Balance$-1,903,404$-2,002,967▼ $99,563
Total Liabilities and Net Assets / Fund Balance$8,309,574$8,045,403▼ $264,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,375,551$2,529,657$8,905,208
Land$801,999-$801,999
Leasehold Improvements$114,120$301,837$415,957
Equipment$60,209$108,924$169,133
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleOtherTotal
Juan RamosExecutive Director$130,000$130,000
Lenette BerriosFinance Director$119,423$119,423

Board Members and Trustees

NameTitle
David LopezChairman
Ray NarvaezVice Chairman
Damaris ReyesBoard Member
Gladys OgandoBoard Member
Kenneth MohanBoard Member
Maisha MoralesBoard Member
Maria OcasioBoard Member
Martin NeedlemanBoard Member
Ricardo MolinaBoard Member
Rosa NeivesBoard Member
Teresa CruzBoard Member
Wilfredo VargasBoard Member
Cassandra AcevedoSecretary
Israel RosarioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$976,553
Investment Income
$1,902
Other Revenue
$14,390
Change in Net Assets
$-99,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$992,845
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$992,845
Total Revenue per Form 990
$992,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,092,408
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$270,733--$270,733
Depreciation Depletion$257,721--$257,721
Fees for Services Management$61,114$45,936-$107,050
Insurance$51,318--$51,318
Office Expenses$13,329--$13,329
Fees for Services Accounting-$12,292-$12,292
Fees for Services Other$11,881--$11,881
Other Expenses$5,889--$5,889
Total Functional Expenses$1,034,180$58,228$0$1,092,408

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,092,408
Total Expenses per Audited Statements$1,092,408
Total Expenses per Form 990$1,092,408
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
Tenant Security Deposits$15,688
Deferred Rent$3,432
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft of the tax return is discussed and reviewed with the organization's top management and officers of the board before a final draft is approved for submission. For 2018, due to time constraints the board did not get the chance to review and approve prior to submission. Review and approval process will be done at the following board meeting after submission.”

Form 990, Part VI, Section B, Line 12C

“Officers, directors,trustees and key employees are required to submit signed statements.”

Form 990, Part VI, Section C, Line 19

“Upon request the organization made available documents”

Filing and Contact Details

Filer

Filer Name
145 South 3rd Street Housing Development
EIN
04-3661106
Phone
7183873600
Address
434 SOUTH 5TH STREET, BROOKLYN, NY 11211

Signing Officer

Name
Juan Ramos
Title
Executive Director
Phone
7183873600
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juan Ramos
Formed
2003
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky CPA
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There has been no change in process from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2018. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2015 remain open.”

Raw XML AppendixShowing 400 of 819 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15FINANCE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0992845
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt051318
IRS990/InsuranceGrp/TotalAmt051318
IRS990/InvestmentIncomeGrp/ExclusionAmt01902
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01902
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02940418
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07532716
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07351879
IRS990/LandBldgEquipCostOrOtherBssAmt010292297
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF DEVELOPING A HOUSING PROJECT FOR ELDERLY PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09978400
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09978400
IRS990/NetAssetsOrFundBalancesBOYAmt0-1903404
IRS990/NetAssetsOrFundBalancesEOYAmt0-2002967
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0270733
IRS990/OccupancyGrp/TotalAmt0270733
IRS990/OfficeExpensesGrp/ProgramServicesAmt013329
IRS990/OfficeExpensesGrp/TotalAmt013329
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt030432
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1NURSING HOME ASSISTED L
IRS990/OtherExpensesGrp/Desc2PERMITS AND LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0252585
IRS990/OtherExpensesGrp/ProgramServicesAmt1109610
IRS990/OtherExpensesGrp/ProgramServicesAmt25889
IRS990/OtherExpensesGrp/TotalAmt0252585
IRS990/OtherExpensesGrp/TotalAmt1109610
IRS990/OtherExpensesGrp/TotalAmt25889
IRS990/OtherLiabilitiesGrp/BOYAmt016118
IRS990/OtherLiabilitiesGrp/EOYAmt019120
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014390
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014390
IRS990/OtherRevenueTotalAmt014390
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013950
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt081264
IRS990/PrincipalOfficerNm0JUAN RAMOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0976553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0976553
IRS990/ProgSrvcAccomActy2Grp/Desc0SOCIAL SERVICE : PROVIDED GROCERIES, VOLUNTEER LEARNING OPPORTUNITIES AND OFFERED FRESH PRODUCE AT THE NEWLY CREATED HYDROPONIC FARM LOCATED IN THE PANTRY. PROVIDED INFORMATION AND REFFERAL SERVICES, ENTITLEMENT COUNSELING INCLUDING SNAP SCREENING AND ON-SITE MEDICAID FACILITATED ENROLLMENT TO APPROXIMATELY 360 INDIVIDUALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0109610
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01171
IRS990/PYOtherExpensesAmt0878522
IRS990/PYOtherRevenueAmt02345
IRS990/PYProgramServiceRevenueAmt0729648
IRS990/PYRevenuesLessExpensesAmt0-190355
IRS990/PYSalariesCompEmpBnftPaidAmt044997
IRS990/PYTotalExpensesAmt0923519
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0733164
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-99563
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0990943
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0402572
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0495464
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2014 AMOUNT: $ 14,541. 2015 AMOUNT: $ 1,542. 2016 AMOUNT: $ 14,689. 2017 AMOUNT: $ 628. 2018 AMOUNT: $ 14,390. LAUNDRY AND VENDING - 2015 AMOUNT: $ 2,329. 2016 AMOUNT: $ 3,221. 2017 AMOUNT: $ 1,717.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01902
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0696
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0658
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0976553
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0729648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0662333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0616108
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0603894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03588536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01902
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0658
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05053
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt014390
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02345
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt017910
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03871
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt014541
IRS990ScheduleA/OtherIncome509Grp/TotalAmt053057
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98410
IRS990ScheduleA/PublicSupportPY509Pct00.98570
IRS990ScheduleA/PublicSupportTotal509Amt03588536
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0976553
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0729648
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0662333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0616108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0603894
IRS990ScheduleA/Total509Grp/TotalAmt03588536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0992845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0733164
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0680869
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0620675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0619093
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03646646
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06375551
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02529657
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08905208
IRS990ScheduleD/EquipmentGrp/BookValueAmt060209
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108924
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0169133
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01092408
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0801999
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0801999
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0114120
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0301837
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0415957
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015688
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0992845
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2018. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2015 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07351879
IRS990ScheduleD/TotalExpensesPerForm990Amt01092408
IRS990ScheduleD/TotalLiabilityAmt019120
IRS990ScheduleD/TotalRevenuePerForm990Amt0992845
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0992845
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01092408

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,045,403
Liabilities
$10,048,370
Net assets
-$2,002,967
Revenue
$992,845
Expenses
$1,092,408
Net income
-$99,563
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.46$10.1$2.69$1.30$1.41$0.11
2023Detailed filing. Detailed filing data is available for this year.$7.62$10.2$2.58$1.33$1.39$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$10.2$2.52$1.35$1.38$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.69$10.2$2.49$1.36$1.35$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.76$10.3$2.51$1.16$1.36$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.79$10.1$2.33$0.91$1.24$0.33
2018Detailed filing. Detailed filing data is available for this year.$8.05$10.0$2.00$0.99$1.09$0.10
2017Detailed filing. Detailed filing data is available for this year.$8.31$10.2$1.90$0.73$0.92$0.19
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.32$10.0$1.71$0.68$0.80$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.47$10.1$1.60$0.62$0.82$0.20
2014Detailed filing. Detailed filing data is available for this year.$8.69$10.1$1.40$0.62$0.83$0.21
2013Detailed filing. Detailed filing data is available for this year.$8.90$10.1$1.19$0.62$0.84$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.18$10.1$0.96$0.81
2011Summary only. Only limited summary data is available for this year.$9.42$10.2$0.75$0.53$0.76$0.22
2010Summary only. Only limited summary data is available for this year.$9.62$10.1$0.53$0.51$0.75$0.23