Civic Intelligence

Los Sures Sip Housing Development Fund Corporation

990 • Fiscal year 2019 • EIN 11-3104312

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

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

96th percentile

1.72x

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

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

6.67x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Net Margin

31st percentile

-14%

Higher net margin than 31% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$137,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Asset Growth

29th percentile

-3.3%

Faster asset growth than 29% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

6.8%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$6,354,559

Down $219,964 (-3.3%) from 2018

Net Assets

Down

-$4,558,566

Down $231,506 (-5.4%) from 2018

Liabilities

Up

$10,913,125

Up $11,542 (+0.1%) from 2018

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin31st percentile

Revenue

Up

$1,636,894

Up $104,513 (+6.8%) from 2018

Expenses

Up

$1,868,400

Up $12,830 (+0.7%) from 2018

Net Income

Up

-$231,506

Up $91,683 (+28%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2011: $5,988,683Liabilities 2011: $8,258,072Net Assets 2011: -$2,269,3892011Assets 2012: $5,873,167Liabilities 2012: $8,347,573Net Assets 2012: -$2,474,4062012Assets 2013: $5,668,443Liabilities 2013: $10,866,169Net Assets 2013: -$5,197,7262013Assets 2014: $6,153,446Liabilities 2014: $9,831,696Net Assets 2014: -$3,678,2502014Assets 2015: $6,856,641Liabilities 2015: $10,449,801Net Assets 2015: -$3,593,1602015Assets 2016: $6,857,266Liabilities 2016: $10,649,916Net Assets 2016: -$3,792,6502016Assets 2017: $6,602,224Liabilities 2017: $10,608,366Net Assets 2017: -$4,006,1422017Assets 2018: $6,574,523Liabilities 2018: $10,901,583Net Assets 2018: -$4,327,0602018Assets 2019: $6,354,559Liabilities 2019: $10,913,125Net Assets 2019: -$4,558,5662019Assets 2020: $6,753,736Liabilities 2020: $10,908,001Net Assets 2020: -$4,154,2652020Assets 2021: $7,005,211Liabilities 2021: $11,301,845Net Assets 2021: -$4,296,6342021Assets 2022: $6,742,603Liabilities 2022: $11,178,482Net Assets 2022: -$4,435,8792022Assets 2023: $6,577,324Liabilities 2023: $11,103,449Net Assets 2023: -$4,526,1252023Assets 2024: $6,699,032Liabilities 2024: $11,408,811Net Assets 2024: -$4,709,7792024

Highlighted filing

2019

Assets$6,354,559
Liabilities$10,913,125
Net Assets-$4,558,566
Open 2019 Filing

Operations Trend

Revenue Growth72nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,325,375Expenses 2011: $1,579,060Net Income 2011: -$253,6852011Expenses 2012: $1,651,6552012Revenue 2013: $1,503,870Expenses 2013: $1,869,422Net Income 2013: -$365,5522013Revenue 2014: $3,177,614Expenses 2014: $1,578,222Net Income 2014: $1,599,3922014Revenue 2015: $1,466,945Expenses 2015: $1,386,631Net Income 2015: $80,3142015Revenue 2016: $1,423,091Expenses 2016: $1,622,581Net Income 2016: -$199,4902016Revenue 2017: $1,516,800Expenses 2017: $1,730,292Net Income 2017: -$213,4922017Revenue 2018: $1,532,381Expenses 2018: $1,855,570Net Income 2018: -$323,1892018Revenue 2019: $1,636,894Expenses 2019: $1,868,400Net Income 2019: -$231,5062019Revenue 2020: $2,254,738Expenses 2020: $1,850,437Net Income 2020: $404,3012020Revenue 2021: $1,882,466Expenses 2021: $2,024,835Net Income 2021: -$142,3692021Revenue 2022: $1,791,277Expenses 2022: $1,980,522Net Income 2022: -$189,2452022Revenue 2023: $1,640,353Expenses 2023: $1,730,599Net Income 2023: -$90,2462023Revenue 2024: $1,766,037Expenses 2024: $1,950,491Net Income 2024: -$184,4542024

Highlighted filing

2019

Revenue$1,636,894
Expenses$1,868,400
Net Income-$231,506
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.1
Gross Receipts
$1,636,894
Mission and Program Overview

Mission

Los sures sip housing development fund corporation was ceated to develop, rehabilitate and operate a housing project for persons of low-income.

Operated a housing project for persons of low income

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,921,718$5,711,468▼ $210,250
Savings and Temporary Cash Investments$408,287$434,172▲ $25,885
Accounts Receivable$65,043$76,368▲ $11,325
Prepaid Expenses and Deferred Charges$74,438$68,724▼ $5,714
Cash and Non-Interest-Bearing Accounts$43,821$41,847▼ $1,974
Total Assets$6,574,523$6,354,559▼ $219,964
Other Assets Total$61,216$21,980▼ $39,236
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,506,662$10,409,917▼ $96,745
Other Liabilities$240,042$389,823▲ $149,781
Accounts Payable and Accrued Expenses$154,879$113,385▼ $41,494
Total Liabilities$10,901,583$10,913,125▲ $11,542
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,327,060$-4,558,566▼ $231,506
Total Net Assets Fund Balance$-4,327,060$-4,558,566▼ $231,506
Total Liabilities and Net Assets / Fund Balance$6,574,523$6,354,559▼ $219,964

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,681,723$4,193,667$9,875,390
Equipment$29,745$113,166$142,911
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleOtherTotal
Juan RamosExecutive Director$137,000$137,000
Lenette BerriosFinance Director$115,000$115,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,616,230
Investment Income
$1,201
Other Revenue
$19,463
Change in Net Assets
$-231,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,634,473
Revenue Not Reported on Financial Statements
$2,421
Revenue Not Reported on Form 990
$-75
Other Revenue Adjustments
$2,421
Total Revenue per Audited Statements
$1,634,398
Total Revenue per Form 990
$1,636,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,838,777
Salaries, Compensation, and Employee Benefits$29,623
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$427,234--$427,234
Interest$303,756--$303,756
Depreciation Depletion$258,987--$258,987
Fees for Services Management-$112,964-$112,964
Insurance$108,130--$108,130
Fees for Services Legal$29,989--$29,989
Other Expenses$29,016--$29,016
Other Salaries and Wages$25,700--$25,700
Fees for Services Accounting$2,485$12,400-$14,885
Office Expenses$12,258--$12,258
Fees for Services Other$10,745--$10,745
Other Employee Benefits$2,849--$2,849
Payroll Taxes$1,074--$1,074
Total Functional Expenses$1,743,036$125,364$0$1,868,400

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,868,400
Expenses per Audited Statements$1,868,325
Total Expenses per Audited Statements$1,865,904
Expenses Not Reported on Financial Statements$75
Other Expense Adjustments$75
Expenses Not Reported on Form 990$-2,421
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$280,012
Tenant Security Deposit$98,213
Deferred Rent$11,598
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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

“Oficers, directors or 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
Los Sures Sip Housing Development
EIN
11-3104312
Phone
7183873600
Address
434 SOUTH 5TH STREET, BROOKLYN, NY 11211

Signing Officer

Name
Juan Ramos
Title
Executive Director
Phone
7183873600
Signed
2020-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juan Ramos
Formed
1991
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
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

“The organization has not changed either its oversight process or selection process during the tax 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, 2019. 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 irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2016 remain open.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“LEGAL -75.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“BAD DEBTS INCOME 2,421.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“BAD DEBTS INCOME -2,421.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“LEGAL 75.”

Raw XML AppendixShowing 400 of 841 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/BOYAmt0154879
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0113385
IRS990/AccountsReceivableGrp/BOYAmt065043
IRS990/AccountsReceivableGrp/EOYAmt076368
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATED A HOUSING PROJECT FOR PERSONS OF LOW INCOME
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LENETTE BERRIOS
IRS990/BooksInCareOfDetail/PhoneNum07183873600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0434 SOUTH 5TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011211
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt043821
IRS990/CashNonInterestBearingGrp/EOYAmt041847
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01201
IRS990/CYOtherExpensesAmt01838777
IRS990/CYOtherRevenueAmt019463
IRS990/CYProgramServiceRevenueAmt01616230
IRS990/CYRevenuesLessExpensesAmt0-231506
IRS990/CYSalariesCompEmpBnftPaidAmt029623
IRS990/CYTotalExpensesAmt01868400
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01636894
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0258987
IRS990/DepreciationDepletionGrp/TotalAmt0258987
IRS990/Desc0HOUSING: THE HOUSING PROJECT CONSISTS OF SIX BUILDING CONTAINING A TOTAL OF ONE HUNDRED AND TWENTY-SEVEN (127) RESIDENTIAL APARTMENTS FOR LOW-INCOME RESIDENT AND CONTAINS 4 COMMERCIAL UNITS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01743036
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012400
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02485
IRS990/FeesForServicesAccountingGrp/TotalAmt014885
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt029989
IRS990/FeesForServicesLegalGrp/TotalAmt029989
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0112964
IRS990/FeesForServicesManagementGrp/TotalAmt0112964
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010745
IRS990/FeesForServicesOtherGrp/TotalAmt010745
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt14.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt64.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt74.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt94.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt104.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt114.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt124.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt134.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt144.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0ANNETTE ROSADO
IRS990/Form990PartVIISectionAGrp/PersonNm1CASSANDRA ACEVEDO
IRS990/Form990PartVIISectionAGrp/PersonNm2DAMARIS REYES
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4GLADYS OGANDO
IRS990/Form990PartVIISectionAGrp/PersonNm5ISRAEL ROSARIO
IRS990/Form990PartVIISectionAGrp/PersonNm6KENNETH MOHAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MAISHA MORALES
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIA OCASIO
IRS990/Form990PartVIISectionAGrp/PersonNm9MARTIN NEEDLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10RAY NARVAEZ
IRS990/Form990PartVIISectionAGrp/PersonNm11RICARDO MOLINA
IRS990/Form990PartVIISectionAGrp/PersonNm12ROSA NEIVES
IRS990/Form990PartVIISectionAGrp/PersonNm13TERESA CRUZ
IRS990/Form990PartVIISectionAGrp/PersonNm14WILFREDO VARGAS
IRS990/Form990PartVIISectionAGrp/PersonNm15JUAN RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm16LENETTE BERRIOS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15137000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16115000
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6OUTGOING BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16FINANCE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01636894
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0108130
IRS990/InsuranceGrp/TotalAmt0108130
IRS990/InterestGrp/ProgramServicesAmt0303756
IRS990/InterestGrp/TotalAmt0303756
IRS990/InvestmentIncomeGrp/ExclusionAmt01201
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01201
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04306833
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05921718
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05711468
IRS990/LandBldgEquipCostOrOtherBssAmt010018301
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LOS SURES SIP HOUSING DEVELOPMENT FUND CORPORATION WAS CEATED TO DEVELOP, REHABILITATE AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW-INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010506662
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010409917
IRS990/NetAssetsOrFundBalancesBOYAmt0-4327060
IRS990/NetAssetsOrFundBalancesEOYAmt0-4558566
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-4327060
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-4558566
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0427234
IRS990/OccupancyGrp/TotalAmt0427234
IRS990/OfficeExpensesGrp/ProgramServicesAmt012258
IRS990/OfficeExpensesGrp/TotalAmt012258
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt061216
IRS990/OtherAssetsTotalGrp/EOYAmt021980
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02849
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02849
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SOCIAL SERVICE
IRS990/OtherExpensesGrp/Desc2LICENSES AND PERMITS FE
IRS990/OtherExpensesGrp/ProgramServicesAmt0449980
IRS990/OtherExpensesGrp/ProgramServicesAmt180833
IRS990/OtherExpensesGrp/ProgramServicesAmt229016
IRS990/OtherExpensesGrp/TotalAmt0449980
IRS990/OtherExpensesGrp/TotalAmt180833
IRS990/OtherExpensesGrp/TotalAmt229016
IRS990/OtherLiabilitiesGrp/BOYAmt0240042
IRS990/OtherLiabilitiesGrp/EOYAmt0389823
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019463
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019463
IRS990/OtherRevenueTotalAmt019463
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt025700
IRS990/OtherSalariesAndWagesGrp/TotalAmt025700
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01074
IRS990/PayrollTaxesGrp/TotalAmt01074
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074438
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068724
IRS990/PrincipalOfficerNm0JUAN RAMOS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01616230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01616230
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02202
IRS990/PYOtherExpensesAmt01705973
IRS990/PYOtherRevenueAmt05505
IRS990/PYProgramServiceRevenueAmt01524674
IRS990/PYRevenuesLessExpensesAmt0-323189
IRS990/PYSalariesCompEmpBnftPaidAmt0149597
IRS990/PYTotalExpensesAmt01855570
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01532381
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-231506
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01635693
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0408287
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0434172
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2015 AMOUNT: $ 50,029. 2016 AMOUNT: $ 2,358. 2017 AMOUNT: $ 9,370. 2018 AMOUNT: $ 5,505. 2019 AMOUNT: $ 19,463.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01293
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0407
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0244
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03145
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01616230
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01524674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01506137
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01420326
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01416642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07484009
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0407
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0244
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03145
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt019463
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05505
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09370
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02358
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt050029
IRS990ScheduleA/OtherIncome509Grp/TotalAmt086725
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98810
IRS990ScheduleA/PublicSupportPY509Pct00.98410
IRS990ScheduleA/PublicSupportTotal509Amt07484009
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01616230
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01524674
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01506137
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01420326
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01416642
IRS990ScheduleA/Total509Grp/TotalAmt07484009
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01636894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01530179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01516800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01423091
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01466915
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07573879
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05681723
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04193667
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09875390
IRS990ScheduleD/EquipmentGrp/BookValueAmt029745
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113166
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142911
IRS990ScheduleD/ExpensesNotReportedAmt0-2421
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt075
IRS990ScheduleD/ExpensesSubtotalAmt01868325
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-2421
IRS990ScheduleD/OtherExpensesNotIncludedAmt075
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt098213
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1280012

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,354,559
Liabilities
$10,913,125
Net assets
-$4,558,566
Revenue
$1,636,894
Expenses
$1,868,400
Net income
-$231,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.70$11.4$4.71$1.77$1.95$0.18
2023Detailed filing. Detailed filing data is available for this year.$6.58$11.1$4.53$1.64$1.73$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.74$11.2$4.44$1.79$1.98$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.01$11.3$4.30$1.88$2.02$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.75$10.9$4.15$2.25$1.85$0.40
2019Detailed filing. Detailed filing data is available for this year.$6.35$10.9$4.56$1.64$1.87$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.57$10.9$4.33$1.53$1.86$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$10.6$4.01$1.52$1.73$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.86$10.6$3.79$1.42$1.62$0.20
2015Detailed filing. Detailed filing data is available for this year.$6.86$10.4$3.59$1.47$1.39$0.08
2014Detailed filing. Detailed filing data is available for this year.$6.15$9.83$3.68$3.18$1.58$1.60
2013Detailed filing. Detailed filing data is available for this year.$5.67$10.9$5.20$1.50$1.87$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$8.35$2.47$1.65
2011Summary only. Only limited summary data is available for this year.$5.99$8.26$2.27$1.33$1.58$0.25