Civic Intelligence

Berean Housing Development Fund Company Inc.

990 • Fiscal year 2017 • EIN 11-2662285

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 15, 2018

Organization ProfileN/A
1635-49 Bergen StreetBrooklyn, NY 11233

(516) 285-7500

Siviq Scores

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

Liabilities / Assets

96th percentile

2.22x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

8.25x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Net Margin

52nd percentile

-23%

Higher net margin than 52% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2017 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2017

Asset Growth

15th percentile

-5.1%

Faster asset growth than 15% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

10%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,428,941

Down $185,416 (-5.1%) from 2016

Net Assets

Down

-$4,193,723

Down $650,836 (-18%) from 2016

Liabilities

Up

$7,622,664

Up $465,420 (+6.5%) from 2016

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin52nd percentile

Revenue

Up

$923,821

Up $87,680 (+10%) from 2016

Expenses

Up

$1,137,683

Up $78,316 (+7.4%) from 2016

Net Income

Up

-$213,862

Up $9,364 (+4.2%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $4,254,274Liabilities 2011: $6,850,248Net Assets 2011: -$2,595,9742011Assets 2012: $4,061,398Liabilities 2012: $6,824,699Net Assets 2012: -$2,763,3012012Assets 2013: $3,895,775Liabilities 2013: $6,971,672Net Assets 2013: -$3,075,8972013Assets 2014: $3,732,313Liabilities 2014: $7,086,359Net Assets 2014: -$3,354,0462014Assets 2015: $3,600,735Liabilities 2015: $7,264,387Net Assets 2015: -$3,663,6522015Assets 2016: $3,614,357Liabilities 2016: $7,157,244Net Assets 2016: -$3,542,8872016Assets 2017: $3,428,941Liabilities 2017: $7,622,664Net Assets 2017: -$4,193,7232017Assets 2018: $3,078,724Liabilities 2018: $7,400,163Net Assets 2018: -$4,321,4392018Assets 2019: $3,117,963Liabilities 2019: $7,388,718Net Assets 2019: -$4,270,7552019Assets 2020: $3,200,684Liabilities 2020: $7,227,674Net Assets 2020: -$4,026,9902020Assets 2021: $3,059,959Liabilities 2021: $7,220,672Net Assets 2021: -$4,160,7132021Assets 2022: $2,907,739Liabilities 2022: $7,202,313Net Assets 2022: -$4,294,5742022Assets 2023: $2,670,559Liabilities 2023: $7,265,722Net Assets 2023: -$4,595,1632023Assets 2024: $3,029,806Liabilities 2024: $7,732,718Net Assets 2024: -$4,702,9122024

Highlighted filing

2017

Assets$3,428,941
Liabilities$7,622,664
Net Assets-$4,193,723
Open 2017 Filing

Operations Trend

Revenue Growth78th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $748,934Expenses 2011: $895,400Net Income 2011: -$146,4662011Revenue 2012: $760,725Expenses 2012: $928,052Net Income 2012: -$167,3272012Revenue 2013: $768,256Expenses 2013: $1,080,852Net Income 2013: -$312,5962013Revenue 2014: $754,478Expenses 2014: $1,032,627Net Income 2014: -$278,1492014Revenue 2015: $794,154Expenses 2015: $1,103,760Net Income 2015: -$309,6062015Revenue 2016: $836,141Expenses 2016: $1,059,367Net Income 2016: -$223,2262016Revenue 2017: $923,821Expenses 2017: $1,137,683Net Income 2017: -$213,8622017Revenue 2018: $1,245,345Expenses 2018: $1,373,061Net Income 2018: -$127,7162018Revenue 2019: $1,360,615Expenses 2019: $1,309,931Net Income 2019: $50,6842019Revenue 2020: $1,380,167Expenses 2020: $1,136,402Net Income 2020: $243,7652020Revenue 2021: $1,179,416Expenses 2021: $1,193,287Net Income 2021: -$13,8712021Revenue 2022: $1,130,145Expenses 2022: $1,264,006Net Income 2022: -$133,8612022Revenue 2023: $1,160,875Expenses 2023: $1,461,464Net Income 2023: -$300,5892023Revenue 2024: $1,501,392Expenses 2024: $1,609,141Net Income 2024: -$107,7492024

Highlighted filing

2017

Revenue$923,821
Expenses$1,137,683
Net Income-$213,862
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 15, 2018
Return Version
2016v3.0
Gross Receipts
$923,821
Mission and Program Overview

Mission

The organization's mission is to provide residential housing to low-income elderly.

Berean housing development fund co., inc. Provides residential housing to low-income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,147,353$2,942,482▼ $204,871
Cash and Non-Interest-Bearing Accounts$17,405$258,931▲ $241,526
Other Notes and Loans Receivable, Net$142,785$112,659▼ $30,126
Accounts Receivable$7,985$17,302▲ $9,317
Prepaid Expenses and Deferred Charges-$3,751-
Total Assets$3,614,357$3,428,941▼ $185,416
Other Assets Total$298,829$93,816▼ $205,013
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,758,276$6,758,276→ $0
Accounts Payable and Accrued Expenses$377,306$841,276▲ $463,970
Other Liabilities$19,708$18,350▼ $1,358
Deferred Revenue$1,954$4,762▲ $2,808
Total Liabilities$7,157,244$7,622,664▲ $465,420
Net Assets / Fund Balance
Unrestricted Net Assets$-3,542,887$-4,193,723▼ $650,836
Total Net Assets Fund Balance$-3,542,887$-4,193,723▼ $650,836
Total Liabilities and Net Assets / Fund Balance$3,614,357$3,428,941▼ $185,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,873,423$4,191,429$7,064,852
Equipment$30,595$141,525$172,120
Land$38,464-$38,464
Other Land Buildings$0$22,234$22,234
Compensation and Service Providers
Top Officer Pay69th percentile

Board Members and Trustees

NameTitle
Dr Arlee Griffin JrChair
Annie AmakerDirector
Forrest McdonaldDirector
Mary MasonDirector
Michael JohnsonDirector
Ronald BridgesDirector
Trevor HydeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$922,451
Investment Income
$12
Other Revenue
$1,358
Change in Net Assets
$-213,862

Audited Revenue Reconciliation

Revenue per Audited Statements
$923,821
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$13,059
Total Revenue per Audited Statements
$936,880
Total Revenue per Form 990
$923,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$886,661
Salaries, Compensation, and Employee Benefits$251,022
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$204,871--$204,871
Other Salaries and Wages$54,309$119,595-$173,904
Occupancy$134,118--$134,118
Other Employee Benefits$64,063--$64,063
Fees for Services Management-$60,873-$60,873
Insurance$38,077--$38,077
Office Expenses-$16,710-$16,710
Fees for Services Accounting-$16,000-$16,000
Payroll Taxes$13,055--$13,055
Fees for Services Other-$12,069-$12,069
Other Expenses$97,952$9,676-$9,676
Fees for Services Legal-$671-$671
Conferences and Meetings-$652-$652
Total Functional Expenses$901,437$236,246$0$1,137,683

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,150,742
Expenses per Audited Statements$1,137,683
Total Expenses per Form 990$1,137,683
Expenses Not Reported on Form 990$13,059
Expenses Not Reported on Financial Statements$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
TENANTS' SECURITY DEPOSITS$18,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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

“Management duties are overseen by a property management company approved by the u.s. Dept. Of housing & urban development.”

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

“The draft form 990 is initially provided to the managing agent for review and comments. Once reviewed and comments addressed, copy of the draft form 990 is provided to the board through the board chair for review comments and approval for submission to the irs.”

Form 990, Part VI, Section C, Line 19

“The organization's form 990 is available at www.guidestar.org. Governing documents, conflicts of interest policy and financial statements are available upon written request or by contacting lwc management corporation located at 2090 adam clayton jr blvd, suite 203, new york, ny 10027 or by calling (212) 665-5500.”

Filing and Contact Details

Filer

Filer Name
Berean Housing Development
EIN
11-2662285
Phone
5162857500
Address
1635-49 BERGEN STREET, BROOKLYN, NY 11233

Signing Officer

Name
Dr Arlee Griffin Jr
Title
Chair
Phone
5162857500
Signed
2018-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Arlee Griffin Jr
Formed
1983
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
7

Preparer

Firm
Galleros Koh Llp
Address
115 DAVIS STATION ROAD, CREAM RIDGE, NJ 08514
Preparer
Leonora Galleros
Phone
7324622020
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“This process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“Management has determined that the organization has no uncertain tax positions that would require financial statement recognition. The organization is no longer subject to audits by the applicable taxing jurisdictions for periods prior to 2014.”

Raw XML AppendixShowing 400 of 425 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/PYTotalExpensesAmt01059367
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0836141
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-213862
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0922451
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0295
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0433
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0448
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0295
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0433
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0448
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01265
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01358
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0532
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01246
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02960
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02472
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08568
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99760
IRS990ScheduleA/PublicSupportPY509Pct00.99750
IRS990ScheduleA/PublicSupportTotal509Amt04073274
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0922451
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt0835314
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt0793656
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0754045
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0767808
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt04073274
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0922451
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0835314
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0793656
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0754045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0767808
IRS990ScheduleA/Total509Grp/TotalAmt04073274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0923821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0836141
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0794979
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0757438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0770728
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04083107
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02873423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04191429
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07064852
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt013059
IRS990ScheduleD/DonatedServicesUseFcltsAmt013059
IRS990ScheduleD/EquipmentGrp/BookValueAmt030595
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141525
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0172120
IRS990ScheduleD/ExpensesNotReportedAmt013059
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01137683
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt038464
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038464
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022234
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt013059
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0923821
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02942482
IRS990ScheduleD/TotalExpensesPerForm990Amt01137683
IRS990ScheduleD/TotalLiabilityAmt018350
IRS990ScheduleD/TotalRevenuePerForm990Amt0923821
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0936880
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01150742
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE OVERSEEN BY A PROPERTY MANAGEMENT COMPANY APPROVED BY THE U.S. DEPT. OF HOUSING & URBAN DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT FORM 990 IS INITIALLY PROVIDED TO THE MANAGING AGENT FOR REVIEW AND COMMENTS. ONCE REVIEWED AND COMMENTS ADDRESSED, COPY OF THE DRAFT FORM 990 IS PROVIDED TO THE BOARD THROUGH THE BOARD CHAIR FOR REVIEW COMMENTS AND APPROVAL FOR SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG. GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CONTACTING LWC MANAGEMENT CORPORATION LOCATED AT 2090 ADAM CLAYTON JR BLVD, SUITE 203, NEW YORK, NY 10027 OR BY CALLING (212) 665-5500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt03614357
IRS990/TotalAssetsGrp/EOYAmt03428941
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0236246
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0901437
IRS990/TotalFunctionalExpensesGrp/TotalAmt01137683
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07157244
IRS990/TotalLiabilitiesEOYAmt07622664
IRS990/TotalLiabilitiesGrp/BOYAmt07157244
IRS990/TotalLiabilitiesGrp/EOYAmt07622664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3542887
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4193723
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0901437
IRS990/TotalProgramServiceRevenueAmt0922451
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01370
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0922451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0923821
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03428941
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-4193723
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01635-49 BERGEN STREET
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011233
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR ARLEE GRIFFIN JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05162857500
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEREAN HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CO INC
ReturnHeader/Filer/BusinessNameControlTxt0BERE
ReturnHeader/Filer/EIN0112662285
ReturnHeader/Filer/PhoneNum05162857500

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Filings

Displayed year

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

Open filing
Assets
$3,428,941
Liabilities
$7,622,664
Net assets
-$4,193,723
Revenue
$923,821
Expenses
$1,137,683
Net income
-$213,862
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$7.73$4.70$1.50$1.61$0.11
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$7.27$4.60$1.16$1.46$0.30
2022Detailed filing. Detailed filing data is available for this year.$2.91$7.20$4.29$1.13$1.26$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.06$7.22$4.16$1.18$1.19$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.20$7.23$4.03$1.38$1.14$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.12$7.39$4.27$1.36$1.31$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.08$7.40$4.32$1.25$1.37$0.13
2017Detailed filing. Detailed filing data is available for this year.$3.43$7.62$4.19$0.92$1.14$0.21
2016Detailed filing. Detailed filing data is available for this year.$3.61$7.16$3.54$0.84$1.06$0.22
2015Summary only. Only limited summary data is available for this year.$3.60$7.26$3.66$0.79$1.10$0.31
2014Summary only. Only limited summary data is available for this year.$3.73$7.09$3.35$0.75$1.03$0.28
2013Summary only. Only limited summary data is available for this year.$3.90$6.97$3.08$0.77$1.08$0.31
2012Summary only. Only limited summary data is available for this year.$4.06$6.82$2.76$0.76$0.93$0.17
2011Summary only. Only limited summary data is available for this year.$4.25$6.85$2.60$0.75$0.90$0.15