Civic Intelligence

Greene Avenue Housing Development Fund Corporation

990EZ • Fiscal year 2017 • EIN 11-2468657

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileN/A
1368 Fulton Street No 702Brooklyn, NY 11216

(718) 636-6926

Siviq Scores

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

Liabilities / Assets

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

4900.00x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-482400%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

4th percentile

-82%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$53,697

Down $250,124 (-82%) from 2016

Net Assets

Down

$48,797

Down $220,361 (-82%) from 2016

Liabilities

Down

$4,900

Down $29,763 (-86%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$1

Down $122 (-99%) from 2016

Expenses

Up

$4,825

Up $673 (+16%) from 2016

Net Income

Down

-$4,824

Down $795 (-20%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $4,380,488Liabilities 2011: $4,809,649Net Assets 2011: -$429,1612011Assets 2012: $18,829,355Liabilities 2012: $992,544Net Assets 2012: $17,836,8112012Assets 2013: $19,535,317Liabilities 2013: $72,725Net Assets 2013: $19,462,5922013Assets 2014: $2,338,716Liabilities 2014: $35,963Net Assets 2014: $2,302,7532014Assets 2015: $2,309,525Liabilities 2015: $36,338Net Assets 2015: $2,273,1872015Assets 2016: $303,821Liabilities 2016: $34,663Net Assets 2016: $269,1582016Assets 2017: $53,697Liabilities 2017: $4,900Net Assets 2017: $48,7972017Assets 2018: $48,797Liabilities 2018: $0Net Assets 2018: $48,7972018

Highlighted filing

2017

Assets$53,697
Liabilities$4,900
Net Assets$48,797
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,909,667Expenses 2011: $2,066,531Net Income 2011: $843,1362011Revenue 2012: $19,119,722Expenses 2012: $853,750Net Income 2012: $18,265,9722012Expenses 2013: $2,5582013Revenue 2014: $199,963Expenses 2014: $15,164Net Income 2014: $184,7992014Revenue 2015: $4,008Expenses 2015: $33,574Net Income 2015: -$29,5662015Revenue 2016: $123Expenses 2016: $4,152Net Income 2016: -$4,0292016Revenue 2017: $1Expenses 2017: $4,825Net Income 2017: -$4,8242017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2017

Revenue$1
Expenses$4,825
Net Income-$4,824
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$1
Mission and Program Overview

Mission

To provide housing for low-income group

Program Services

DescriptionGrantsExpenses
LOW INCOME HOUSING PROJECT PROVIDING HOUSING TO SECTION 8 QUALIFIED FAMILIES - 150 APARTMENTS. PROGRAM TERMINATED AS ORGANIZATION TRANSFERRED ASSETS AND IS BEING DISSOLVED.$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
COLVIN W GRANNUMPresident/Chairperson-$0--
DYRNEST K SINCKLERVice President-$0--
WADIYAH A LATIFSecretary-$0--
CLARENCE STEWARTMember-$0--
TIMOTHY SIMONSMember-$0--
DORIS ROWLEY-HOYTEMember-$0--
Filing and Contact Details

Filer

Filer Name
Greene Avenue Housing Development
EIN
11-2468657
Phone
7186366926
Address
1368 FULTON STREET NO 702, BROOKLYN, NY 11216

Signing Officer

Name
Colvin W Grannum
Title
President
Phone
7186366926
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Ncheng Llp
Address
40 WALL STREET 32ND FLOOR, NEW YORK, NY 10005
Preparer
Alwayne Burke CPA
Phone
2127850100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“AMOUNT: 1.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: miscelaneous admin expenses. Amount: 125.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: distributions. Amount: -250,000. Description: removal of accruals not due from prior years. Amount: 34,463. Total to form 990-ez, line 20: -215,537.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: replacement reserve. Beg. Of year amount: 123. End of year amount: 124.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accrued expenses. Beg. Of year amount: 34,663. End of year amount: 4,900.”

Raw XML Appendix161 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TUC MANAGEMENT COMPANY
IRS990EZ/BooksInCareOfDetail/PhoneNum02127657900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 WEST 57TH STREET 702
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010019
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0303698
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053573
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-4824
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04700
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0303821
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053697
IRS990EZ/GrossReceiptsAmt01
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0269158
IRS990EZ/NetAssetsOrFundBalancesEOYAmt048797
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0269158
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt048797
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0COLVIN W GRANNUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DYRNEST K SINCKLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WADIYAH A LATIF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CLARENCE STEWART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TIMOTHY SIMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DORIS ROWLEY-HOYTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0123
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0124
IRS990EZ/OtherChangesInNetAssetsAmt0-215537
IRS990EZ/OtherExpensesTotalAmt0125
IRS990EZ/OtherRevenueTotalAmt01
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE HOUSING FOR LOW-INCOME GROUP
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LOW INCOME HOUSING PROJECT PROVIDING HOUSING TO SECTION 8 QUALIFIED FAMILIES - 150 APARTMENTS. PROGRAM TERMINATED AS ORGANIZATION TRANSFERRED ASSETS AND IS BEING DISSOLVED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt034663
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04900
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04825
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04008
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04132
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.96270
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalSupportAmt04132
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELANEOUS ADMIN EXPENSES. AMOUNT: 125.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DISTRIBUTIONS. AMOUNT: -250,000. DESCRIPTION: REMOVAL OF ACCRUALS NOT DUE FROM PRIOR YEARS. AMOUNT: 34,463. TOTAL TO FORM 990-EZ, LINE 20: -215,537.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: REPLACEMENT RESERVE. BEG. OF YEAR AMOUNT: 123. END OF YEAR AMOUNT: 124.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 34,663. END OF YEAR AMOUNT: 4,900.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0COLVIN W GRANNUM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07186366926
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENE AVENUE HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0112468657
ReturnHeader/Filer/PhoneNum07186366926
ReturnHeader/Filer/USAddress/AddressLine1Txt01368 FULTON STREET NO 702
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011216
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C6E8D123F4470038C1F0FFD2E28D2DBE42A87EF8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C6E8D123F4470038C1F0FFD2E28D2DBE42A87EF8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.206.80.74
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm018:21:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810926770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NCHENG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt040 WALL STREET 32ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010005
ReturnHeader/PreparerPersonGrp/PhoneNum02127850100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALWAYNE BURKE CPA
ReturnHeader/ReturnTs02018-05-15T17:21:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$53,697
Liabilities
$4,900
Net assets
$48,797
Revenue
$1
Expenses
$4,825
Net income
-$4,824
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.27$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.04$2.27$0.00$0.03$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.34$0.04$2.30$0.20$0.02$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$0.07$19.5$0.00
2012Summary only. Only limited summary data is available for this year.$18.8$0.99$17.8$19.1$0.85$18.3
2011Summary only. Only limited summary data is available for this year.$4.38$4.81$0.43$2.91$2.07$0.84