Civic Intelligence

Bishop Kellenberg Gardens for Senior

EIN 11-2611179 • 501(c)3 • Hicksville, NY

Profile

To provide affordable housing for eligible low income families and individuals.

90 Cherry LaneHicksville, NY 11801-6232

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.11x

Higher debt load relative to assets than 32% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.24x

Higher debt load relative to revenue than 29% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

NTEE L • $1M-$5M nonprofits • Source year 2024

Asset Growth

88th percentile

18%

Faster asset growth than 88% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

3.8%

Faster revenue growth than 51% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,714,161

Up $561,408 (+18%) from 2023

Liabilities

Down

$404,205

Down $227,202 (-36%) from 2023

Net Assets

Up

$3,309,956

Up $788,610 (+31%) from 2023

Revenue

Up

$1,684,424

Up $62,267 (+3.8%) from 2023

Expenses

Up

$895,814

Up $15,813 (+1.8%) from 2023

Net Income

Up

$788,610

Up $46,454 (+6.3%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,334,747Liabilities 2010: $2,454,707Net Assets 2010: -$119,9602010Assets 2011: $2,298,780Liabilities 2011: $2,361,809Net Assets 2011: -$63,0292011Assets 2012: $2,186,121Liabilities 2012: $2,289,057Net Assets 2012: -$102,9362012Assets 2013: $2,060,624Liabilities 2013: $2,213,214Net Assets 2013: -$152,5902013Assets 2014: $1,932,070Liabilities 2014: $2,094,129Net Assets 2014: -$162,0592014Assets 2015: $1,868,750Liabilities 2015: $1,985,675Net Assets 2015: -$116,9252015Assets 2016: $1,880,959Liabilities 2016: $1,878,168Net Assets 2016: $2,7912016Assets 2017: $1,797,958Liabilities 2017: $1,728,649Net Assets 2017: $69,3092017Assets 2018: $2,062,828Liabilities 2018: $1,596,620Net Assets 2018: $466,2082018Assets 2019: $2,198,946Liabilities 2019: $1,434,122Net Assets 2019: $764,8242019Assets 2020: $2,321,818Liabilities 2020: $1,270,905Net Assets 2020: $1,050,9132020Assets 2021: $2,456,937Liabilities 2021: $1,077,755Net Assets 2021: $1,379,1822021Assets 2022: $2,628,719Liabilities 2022: $849,529Net Assets 2022: $1,779,1902022Assets 2023: $3,152,753Liabilities 2023: $631,407Net Assets 2023: $2,521,3462023Assets 2024: $3,714,161Liabilities 2024: $404,205Net Assets 2024: $3,309,9562024

Highlighted filing

2024

Assets$3,714,161
Liabilities$404,205
Net Assets$3,309,956

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $807,8152010Expenses 2011: $808,9352011Expenses 2012: $800,0812012Revenue 2013: $759,529Expenses 2013: $809,183Net Income 2013: -$49,6542013Revenue 2014: $778,867Expenses 2014: $788,336Net Income 2014: -$9,4692014Revenue 2015: $821,832Expenses 2015: $776,698Net Income 2015: $45,1342015Revenue 2016: $868,956Expenses 2016: $749,240Net Income 2016: $119,7162016Revenue 2017: $866,319Expenses 2017: $799,801Net Income 2017: $66,5182017Revenue 2018: $1,179,961Expenses 2018: $783,062Net Income 2018: $396,8992018Revenue 2019: $1,120,251Expenses 2019: $822,803Net Income 2019: $297,4482019Revenue 2020: $1,109,419Expenses 2020: $823,330Net Income 2020: $286,0892020Revenue 2021: $1,148,988Expenses 2021: $820,719Net Income 2021: $328,2692021Revenue 2022: $1,307,122Expenses 2022: $907,114Net Income 2022: $400,0082022Revenue 2023: $1,622,157Expenses 2023: $880,001Net Income 2023: $742,1562023Revenue 2024: $1,684,424Expenses 2024: $895,814Net Income 2024: $788,6102024

Highlighted filing

2024

Revenue$1,684,424
Expenses$895,814
Net Income$788,610

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.71$0.40$3.31$1.68$0.90$0.79
2023Detailed filing. Detailed filing data is available for this year.$3.15$0.63$2.52$1.62$0.88$0.74
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.85$1.78$1.31$0.91$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$1.08$1.38$1.15$0.82$0.33
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$1.27$1.05$1.11$0.82$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$1.43$0.76$1.12$0.82$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$1.60$0.47$1.18$0.78$0.40
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$1.73$0.07$0.87$0.80$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.88$1.88$0.00$0.87$0.75$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$1.99$0.12$0.82$0.78$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.93$2.09$0.16$0.78$0.79$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$2.21$0.15$0.76$0.81$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$2.29$0.10$0.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$2.36$0.06$0.81
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$2.45$0.12$0.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 4, 2025
Return Version
2023v6.0
Gross Receipts
$1,684,424
Mission and Program Overview

Mission

To provide affordable housing for eligible low income families and individuals.

The organization owns & operates a section 202 hud multifamily project for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,053,380$982,822▼ $70,558
Accounts Receivable$10,927$25,018▲ $14,091
Cash and Non-Interest-Bearing Accounts$11,017$10,560▼ $457
Prepaid Expenses and Deferred Charges$6,074$8,386▲ $2,312
Savings and Temporary Cash Investments$5,779$6,000▲ $221
Total Assets$3,152,753$3,714,161▲ $561,408
Other Assets Total$2,065,576$2,681,375▲ $615,799
Liabilities
Mortgage Notes Payable Secured by Investment Property$567,825$319,801▼ $248,024
Accounts Payable and Accrued Expenses$35,947$54,638▲ $18,691
Other Liabilities$27,104$27,286▲ $182
Deferred Revenue$531$2,480▲ $1,949
Total Liabilities$631,407$404,205▼ $227,202
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,521,346$3,309,956▲ $788,610
Total Net Assets Fund Balance$2,521,346$3,309,956▲ $788,610
Total Liabilities and Net Assets / Fund Balance$3,152,753$3,714,161▲ $561,408

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$554,185$4,080,681$4,634,866
Other Land Buildings$135,503$272,002$407,505
Land$291,906-$291,906
Equipment$1,228$19,446$20,674
Other Assets Org$15,091--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,566,766
Investment Income
$115,135
Other Revenue
$2,523
Change in Net Assets
$788,610

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,684,424
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,684,424
Total Revenue per Form 990
$1,684,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$761,711
Salaries, Compensation, and Employee Benefits$134,103
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$172,233--$172,233
Other Salaries and Wages$94,446$17,662-$112,108
Fees for Services Management-$87,469-$87,469
Occupancy$77,939--$77,939
Insurance$66,208--$66,208
All Other Expenses$34,953$8,200-$43,153
Interest$40,272--$40,272
Fees for Services Accounting-$16,750-$16,750
Other Employee Benefits$13,673--$13,673
Other Expenses$12,732$15,476-$12,732
Payroll Taxes$8,322--$8,322
Fees for Services Legal-$7,521-$7,521
Office Expenses-$613-$613
Total Functional Expenses$742,123$153,691$0$895,814

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$895,814
Total Expenses per Audited Statements$895,814
Total Expenses per Form 990$895,814
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 Payable$25,974
Due to Hud$1,312
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 35% controlled entity
No
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
No
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 B, Line 11B

The organization distributes a draft copy of the irs form 990 to its board members to review; who then are provided an opportunity to make comments or inquiries. Appropriate responses are given to their satisfaction. The board of directors 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 are requested in writing from the board members.

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 governance 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
Bishop Kellenberg Gardens for Senior
EIN
11-2611179
Phone
5167337032
Address
90 CHERRY LANE, HICKSVILLE, NY 11801-6232

Signing Officer

Name
Richard Balcom
Title
Treasurer
Phone
5167337032
Signed
2025-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Balcom
Formed
1984
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Prager Metis Cpas LLC
Address
800 WESTCHESTER AVENUE SUITE N-400, RYE BROOK, NY 10573
Preparer
Joseph J Rosoff
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.

Financial Statement Notes

PART X, LINE 2:

The corporation is a nonprofit organization exempt from income taxes under section 501(c)(3) of the internal revenue code. The project's accounting policy is to provide liabilities for uncertain tax positions when a liability is probable and estimable. Management has evaluated its tax positions and has determined that there are no material uncertain tax positions that require adjustment to the financial statements. In addition, management is not aware of any violation of its tax status as an organization exempt from income taxes, nor any exposure to unrelated business income tax. The corporation's federal tax returns remain subject to examination by the relevant taxing authorities for a period of three years from when they are filed.

Raw XML AppendixShowing 400 of 682 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/BOYAmt035947
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt054638
IRS990/AccountsReceivableGrp/BOYAmt010927
IRS990/AccountsReceivableGrp/EOYAmt025018
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION OWNS & OPERATES A SECTION 202 HUD MULTIFAMILY PROJECT FOR THE ELDERLY.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08200
IRS990/AllOtherExpensesGrp/ProgramServicesAmt034953
IRS990/AllOtherExpensesGrp/TotalAmt043153
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/ZIPCd011550
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt011017
IRS990/CashNonInterestBearingGrp/EOYAmt010560
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/CYInvestmentIncomeAmt0115135
IRS990/CYOtherExpensesAmt0761711
IRS990/CYOtherRevenueAmt02523
IRS990/CYProgramServiceRevenueAmt01566766
IRS990/CYRevenuesLessExpensesAmt0788610
IRS990/CYSalariesCompEmpBnftPaidAmt0134103
IRS990/CYTotalExpensesAmt0895814
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01684424
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0531
IRS990/DeferredRevenueGrp/EOYAmt02480
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0172233
IRS990/DepreciationDepletionGrp/TotalAmt0172233
IRS990/Desc0ON A NOT-FOR-PROFIT BASIS, THE CORPORATION PROVIDES 58 UNITS OF AFFORDABLE RENTAL HOUSING FOR PERSONS OF LIMITED MEANS IN OCEANSIDE, NEW YORK, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0742123
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016750
IRS990/FeesForServicesAccountingGrp/TotalAmt016750
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07521
IRS990/FeesForServicesLegalGrp/TotalAmt07521
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt087469
IRS990/FeesForServicesManagementGrp/TotalAmt087469
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0MICHAEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD BALCOM
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT J AHLSTROM JR
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM G CHAPIN
IRS990/Form990PartVIISectionAGrp/PersonNm4MARYANNE FITZGERALD
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVEN PIETROWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm6GARY CREGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7JESUS VALDES
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01684424
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt066208
IRS990/InsuranceGrp/TotalAmt066208
IRS990/InterestGrp/ProgramServicesAmt040272
IRS990/InterestGrp/TotalAmt040272
IRS990/InvestmentIncomeGrp/ExclusionAmt0115135
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0115135
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04372129
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01053380
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0982822
IRS990/LandBldgEquipCostOrOtherBssAmt05354951
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR ELIGIBLE LOW INCOME FAMILIES AND INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0567825
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0319801
IRS990/NetAssetsOrFundBalancesBOYAmt02521346
IRS990/NetAssetsOrFundBalancesEOYAmt03309956
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02521346
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03309956
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt077939
IRS990/OccupancyGrp/TotalAmt077939
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0613
IRS990/OfficeExpensesGrp/TotalAmt0613
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02065576
IRS990/OtherAssetsTotalGrp/EOYAmt02681375
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013673
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013673
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1GROUNDS CONTRACT
IRS990/OtherExpensesGrp/Desc2BOOKKEEPING
IRS990/OtherExpensesGrp/Desc3SUPERINTENDENT RENT FRE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015476
IRS990/OtherExpensesGrp/ProgramServicesAmt0191136
IRS990/OtherExpensesGrp/ProgramServicesAmt130209
IRS990/OtherExpensesGrp/ProgramServicesAmt212732
IRS990/OtherExpensesGrp/TotalAmt0191136
IRS990/OtherExpensesGrp/TotalAmt130209
IRS990/OtherExpensesGrp/TotalAmt215476
IRS990/OtherExpensesGrp/TotalAmt312732
IRS990/OtherLiabilitiesGrp/BOYAmt027104
IRS990/OtherLiabilitiesGrp/EOYAmt027286
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY/VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01392
IRS990/OtherRevenueMiscGrp/ExclusionAmt11131
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01392
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11131
IRS990/OtherRevenueTotalAmt02523
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017662
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt094446
IRS990/OtherSalariesAndWagesGrp/TotalAmt0112108
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08322
IRS990/PayrollTaxesGrp/TotalAmt08322
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06074
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08386
IRS990/PrincipalOfficerNm0RICHARD BALCOM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0SUBSIDY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/Desc2GARAGE & PARKING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01282609
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1281397
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01282609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1281397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22760
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt068767
IRS990/PYOtherExpensesAmt0745483
IRS990/PYOtherRevenueAmt01706
IRS990/PYProgramServiceRevenueAmt01551684
IRS990/PYRevenuesLessExpensesAmt0742156
IRS990/PYSalariesCompEmpBnftPaidAmt0134518
IRS990/PYTotalExpensesAmt0880001
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01622157
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0788610
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01566766
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0115135
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt068767
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06333
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0908
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05971
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0197114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01566766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01551684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01298467
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01146563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01101635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06665115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0115135
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt068767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06333
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0908
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0197114
IRS990ScheduleA/InvestmentIncomeCYPct00.02870
IRS990ScheduleA/InvestmentIncomePYPct00.01470
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02523
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01706
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02322
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01517
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01813
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09881
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96990
IRS990ScheduleA/PublicSupportPY509Pct00.98410
IRS990ScheduleA/PublicSupportTotal509Amt06665115
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01566766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01551684
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01298467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01146563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01101635
IRS990ScheduleA/Total509Grp/TotalAmt06665115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01684424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01622157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01307122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01148988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01109419
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06872110
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0554185
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04080681
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04634866
IRS990ScheduleD/EquipmentGrp/BookValueAmt01228
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019446
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020674
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0895814
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0291906
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0291906
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025974
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12493554
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215812
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3130944
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt415091
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESERVE FOR REPLACEMENTS, ACCRUED INTEREST
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0135503
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0272002
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0407505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11312
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO HUD
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01684424
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE CORPORATION'S FEDERAL TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM WHEN THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0982822
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02681375
IRS990ScheduleD/TotalExpensesPerForm990Amt0895814
IRS990ScheduleD/TotalLiabilityAmt027286
IRS990ScheduleD/TotalRevenuePerForm990Amt01684424
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01684424
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0895814
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 DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD OF DIRECTORS APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL UPDATES ARE REQUESTED IN WRITING FROM THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO BOARD MEMBERS OR OFFICERS RECEIVE ANY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING 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/ExplanationTxt5THE BOARD OF DIRECTORS PERFORM GOVERNANCE 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/ExplanationTxt6THE 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII, SECTION A, COLUMN B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.