David Minkin Residence Housing Development Fund Company Inc

990 • Fiscal year 2016 • EIN 11-3201990

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 15, 2017

Organization Profile www.ccbq.org

191 Joralemon StreetBrooklyn, NY 11201

(718) 722-6150

Siviq Scores

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

1.51x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

10.75x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

-24%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

$146,819

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

-3.8%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

12%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets97th percentile

Assets

Down

$6,272,000

Down $248,092 (-3.8%) from 2015

Net Assets

Down

-$3,191,608

Down $211,893 (-7.1%) from 2015

Liabilities

Down

$9,463,608

Down $36,199 (-0.4%) from 2015

Revenue And Expenses

Liabilities / Revenue96th percentile Net Margin12th percentile

Revenue

$880,615

Up $91,400 (+12%) from 2015

Expenses

$1,092,508

Up $48,740 (+4.7%) from 2015

Net Income

-$211,893

Up $42,660 (+17%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

Highlighted filing

2016

Assets$6,272,000

Liabilities$9,463,608

Net Assets-$3,191,608

Open 2016 Filing

Operations Trend

Revenue Growth70th percentile

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

Highlighted filing

2016

Revenue$880,615

Expenses$1,092,508

Net Income-$211,893

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2015 to Jun 30, 2016
Signed: Jan 15, 2017
Return Version: 2015v3.0
Gross Receipts: $880,615

Mission and Program Overview

Mission

To provide safe and affordable housing for elderly and disabled persons of low income.

TO PROVIDE SAFE AND AFFORDABLE HOUSING for elderly and disabled PERSONS OF LOW INCOME

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$5,923,260	$5,715,829	▼ $207,431
Savings and Temporary Cash Investments	$410,431	$456,543	▲ $46,112
Prepaid Expenses and Deferred Charges	$54,042	$64,491	▲ $10,449
Cash and Non-Interest-Bearing Accounts	$105,523	$7,030	▼ $98,493
Accounts Receivable	$4,779	$4,450	▼ $329
Other Notes and Loans Receivable, Net	$0	$0	→ $0
Pledges and Grants Receivable	$0	$0	→ $0
Receivable From Disqualified Prsn	$0	$0	→ $0
Receivables From Officers Etc	$0	$0	→ $0
Investments Other Securities	$0	$0	→ $0
Investments Program Related	$0	$0	→ $0
Investments in Publicly Traded Securities	$0	$0	→ $0
Intangible Assets	$0	$0	→ $0
Inventories for Sale or Use	$0	$0	→ $0
Loans From Officers Directors	$0	$0	→ $0
Total Assets	$6,520,092	$6,272,000	▼ $248,092
Other Assets Total	$22,057	$23,657	▲ $1,600
Liabilities
Mortgage Notes Payable Secured by Investment Property	$9,353,400	$9,353,400	→ $0
Accounts Payable and Accrued Expenses	$106,513	$68,627	▼ $37,886
Other Liabilities	$39,894	$41,581	▲ $1,687
Grants Payable	$0	$0	→ $0
Unsecured Notes Loans Payable	$0	$0	→ $0
Deferred Revenue	$0	$0	→ $0
Escrow Account Liability	$0	$0	→ $0
Tax Exempt Bond Liabilities	$0	$0	→ $0
Total Liabilities	$9,499,807	$9,463,608	▼ $36,199
Net Assets / Fund Balance
Permanently Rstr Net Assets	$0	$0	→ $0
Temporarily Rstr Net Assets	$0	$0	→ $0
Unrestricted Net Assets	$-2,979,715	$-3,191,608	▼ $211,893
Total Net Assets Fund Balance	$-2,979,715	$-3,191,608	▼ $211,893
Total Liabilities and Net Assets / Fund Balance	$6,520,092	$6,272,000	▼ $248,092

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$4,542,839	$4,076,143	$8,618,982
Land	$1,145,250	-	$1,145,250
Equipment	$27,740	$156,611	$184,351

Compensation and Service Providers

Top Officer Pay62nd percentile

Employees

Name	Title	Other	Total
Alla Eleon	Controller	$146,819	$146,819
Patricia Dawson	Director of Operations	$143,945	$143,945
George Stathoudakis	Director of Facilities	$138,878	$138,878

Board Members and Trustees

Name	Title
JEANNE m DIULIO	President
Desiree Arduini	Director
Desiree Fryson	Director
Martin Sussman	Director
Mary Hurson	Director
Richard Slizeski	Director
Samira Alieva	Director
Richard Abrahamsen	Secretary/treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $880,205
Investment Income: $410
Other Revenue: $0
Change in Net Assets: $-211,893

Audited Revenue Reconciliation

Revenue per Audited Statements: $880,615
Total Revenue per Audited Statements: $880,615
Total Revenue per Form 990: $880,615

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$873,424
Salaries, Compensation, and Employee Benefits	$219,084
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$258,083	-	-	$258,083
Other Salaries and Wages	$157,922	-	-	$157,922
Occupancy	$153,201	-	-	$153,201
Fees for Services Management	$71,400	-	-	$71,400
Insurance	$65,716	-	-	$65,716
Other Employee Benefits	$49,081	-	-	$49,081
All Other Expenses	$25,375	-	-	$25,375
Fees for Services Accounting	$15,540	-	-	$15,540
Payroll Taxes	$12,081	-	-	$12,081
Office Expenses	$10,751	-	-	$10,751
Other Expenses	$2,006	-	-	$2,006
Fees for Services Legal	$1,497	-	-	$1,497
Total Functional Expenses	$1,092,508	$0	$0	$1,092,508

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$1,092,508
Total Expenses per Audited Statements	$1,092,508
Total Expenses per Form 990	$1,092,508

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No

Insider Transactions and Loans

Loans and Receivables

Line Item	Beginning	End	Change
Loans from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0
Receivables from Disqualified Persons	$0	$0	→ $0
Receivables from Officers, Directors, Trustees, and Key Employees	$0	$0	→ $0

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
101-105 South Eighth Street Apt Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
161-01 89th AVENUE CORPORATION	Brooklyn, NY	Housing	501(c)(3)	Line 9	Yes
176 South Eighth Street Apartments Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
55 Pierrepont Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
72 Lewis Avenue Apartments Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Bellerose Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Bethelehem Hsg Development Fund Corp	Brooklyn, NY	Housing	501(c)(3)	Line 9	Yes
Bishop Boardman Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Bishop Francis J Mugavero Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Caring Communities Associates Hdfc Inc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Casa Betsaida Hsg Devel Fund Company	Brooklyn, NY	Social Prog	501(c)(3)	Line 9	Yes
Catherine Sheridan Hdfc Inc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Catholic Charities Neighborhood Serv Inc	Brooklyn, NY	Social Serv	501(c)(2)	Line 7	Yes
Emmaus of the Diocese of Brooklyn Inc	Brooklyn, NY	Housing	501(c)(3)	Line 9	Yes
Holy Spirit Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Howard Beach Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
MSGR JOHN P O'BRIEN SENIOR HDFC	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Mary Immaculate Hsg Development Fund Co	Brooklyn, NY	Housing	501(c)(3)	Line 9	Yes
Mary Star of the Sea Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Monastery Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Mount Caramel Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Msgr Edward T Burke Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Msgr Joseph F Steadman Residence Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Msgr Thomas Campbell Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Ol Loreto Family Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Our Lady of Fatima Hdfc Inc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
PROGRESS OF PEOPLE'S DEVELOPMENT INC	Brooklyn, NY	Housing	501(c)(3)	line 9	No
PROGRESS OF PEOPLE'S MANAGEMENT CORP	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Pierrepont Charitable Fund Inc	Brooklyn, NY	Support Cath	501(c)(3)	Line 9	Yes
Pierrepont Hdfc	Brroklyn, NY	Housing	501(c)(3)	line 9	Yes
Pierrepont House for the Elderly Inc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Pope John Paul Ii Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Queens Rehab Corporation	Brooklyn, NY	Housing	501(c)(3)	Line 9	Yes
ST LEONARD'S HDFC	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Saints Joachim & Anne Nurs & Rehab Ctr	Brooklyn, NY	Nursing	501(c)(3)	Line 9	Yes
Sr Lucian Senior Apartments Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
St Brendan Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
St Lucyst Patrick Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
St Paul the Apostle Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
St Pius V Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
St Teresa of Avila Senior Hdfc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes
Sunset Park Hdfc Inc	Brooklyn, NY	Housing	501(c)(3)	line 9	Yes

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Classon Avenue Ltd Partnership	Brooklyn, NY	Real Estate	$14	$36,467	0.01%	No
55 pierrepont llc	brooklyn, NY	real estate	-	$5,410	0.01%	No
caring supported housing llc	brooklyn, NY	real estate	-	$4,532	0.01%	No
howard beach APARTMENTS llc	brooklyn, NY	real estate	$-154	$3,139	0.01%	No
Bishop Boardman Senior Apartments Lp	Brooklyn, NY	Real Estate	$61	$2,196	0.01%	No
Sr Lucian Senior Apartments Lp	Brooklyn, NY	Real Estate	$7	$1,749	0.01%	No
MSGR JOHN O'BRIEN SENIOR APARTMENTS LP	Brooklyn, NY	Real Estate	$14	$1,594	0.01%	No
Mary Star of the Sea Senior Apartments	Brooklyn, NY	Real Estate	$-11	$1,413	0.01%	No
ST BRENDAN'S SENIOR APARTMENT LP	Brooklyn, NY	Real Estate	$-48	$1,410	0.01%	No
Bishop Francis J Mugavero Sr Apartments	Brooklyn, NY	Real Estate	$156	$1,332	0.01%	No
Msgr Thomas Campbell Senior Apartments	Brooklyn, NY	Real Estate	$-5	$1,045	0.01%	No
Wilson Avenue Limited Partnership	Brooklyn, NY	Real Estate	$-152	$962	0.01%	No
Pope John Paul Ii Senior Apartments Lp	Brooklyn, NY	Real Estate	$-8	$781	0.01%	No
Holy Spirit Senior Apartments Lp	Brooklyn, NY	Real Estate	$1	$761	0.01%	No
Msgr Edward T Burke Senior Apartments	Brooklyn, NY	Real Estate	$-1	$723	0.01%	No
715 St Johns Place Lp	Brooklyn, NY	Real Estate	$-18	$123	0.01%	No
918 Kent Avenue Lp	Brooklyn, NY	Real Estate	$-8	$105	0.01%	No

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Tenant Security Deposits	$22,581
Due to Affiliates	$19,000

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
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
Conflict-of-interest policy: Yes
Audited financial statements prepared: No
Key decisions subject to board approval: Yes
Management duties delegated: No

Governance Explanations

Governance-part VI, Section B, Question 12

“Through the Agency's Corporate Compliance Program. All Board members have received training in the Program.”

Governance-part VI, Section B, Question 11

“A copy of the form 990 is made available to board. The board reviews the form 990 and when the board is satisfied the form 990 is approved by the board.”

Governance-part VI, Section B, Question 15

“Ceo, executive director, and other top management are not compensated by this entity”

Governance-part VI, Section C, Question 19

“These documents are available upon request”

Filing and Contact Details

Filer

Filer Name: David Minkin Residence Hdfc
EIN: 11-3201990
In Care Of: % PROGRESS OF PEOPLE'S MGMT CO
Phone: 7187226150
Address: 191 JORALEMON STREET, BROOKLYN, NY 11201

Signing Officer

Name: Jeanne M Diulio
Title: president
Signed: 2017-01-15
Discuss with paid preparer: Yes

Organization Details

Principal Officer: jeanne m diulio
Formed: 1994
Legal Domicile: Ny
Voting Board Members: 8
Independent Board Members: 8
Employees: 0

Preparer

Firm: Cohnreznick Llp
Address: 7501 WISCONSIN AVENUE 400E, BETHESDA, MD 20814-6583
Preparer: Ed Ryan CPA
Phone: 3016529100

Supplemental Narrative

Financial Statement Notes

fin 48

“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 June 30, 2016. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years ending on or after June 30, 2013 remain open.”

Raw XML AppendixShowing 400 of 1,525 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/AccountantCompileOrReviewInd	0	false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt	0	106513
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt	0	68627
IRS990/AccountsReceivableGrp/BOYAmt	0	4779
IRS990/AccountsReceivableGrp/EOYAmt	0	4450
IRS990/ActivitiesConductedPrtshpInd	0	false
IRS990/ActivityOrMissionDesc	0	TO PROVIDE SAFE AND AFFORDABLE HOUSING for elderly and disabled PERSONS OF LOW INCOME
IRS990/AdvertisingGrp/TotalAmt	0	0
IRS990/AllOtherExpensesGrp/ProgramServicesAmt	0	25375
IRS990/AllOtherExpensesGrp/TotalAmt	0	25375
IRS990/AnnualDisclosureCoveredPrsnInd	0	true
IRS990/AuditCommitteeInd	0	true
IRS990/BenefitsToMembersGrp/TotalAmt	0	0
IRS990/BooksInCareOfDetail/PersonNm	0	PROGRESS OF PEOPLE'S MGMT CO
IRS990/BooksInCareOfDetail/PhoneNum	0	7187226150
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	191 JORALEMON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm	0	BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd	0	11201
IRS990/BusinessRlnWithFamMemInd	0	false
IRS990/BusinessRlnWithOfficerEntInd	0	false
IRS990/BusinessRlnWithOrgMemInd	0	false
IRS990/CashNonInterestBearingGrp/BOYAmt	0	105523
IRS990/CashNonInterestBearingGrp/EOYAmt	0	7030
IRS990/ChangeToOrgDocumentsInd	0	false
IRS990/CntrctRcvdGreaterThan100KCnt	0	0
IRS990/CollectionsOfArtInd	0	false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt	0	0
IRS990/CompDisqualPersonsGrp/TotalAmt	0	0
IRS990/CompensationFromOtherSrcsInd	0	false
IRS990/ConferencesMeetingsGrp/TotalAmt	0	0
IRS990/ConflictOfInterestPolicyInd	0	true
IRS990/ConservationEasementsInd	0	false
IRS990/ConsolidatedAuditFinclStmtInd	0	false
IRS990/CreditCounselingInd	0	false
IRS990/CYBenefitsPaidToMembersAmt	0	0
IRS990/CYContributionsGrantsAmt	0	0
IRS990/CYGrantsAndSimilarPaidAmt	0	0
IRS990/CYInvestmentIncomeAmt	0	410
IRS990/CYOtherExpensesAmt	0	873424
IRS990/CYOtherRevenueAmt	0	0
IRS990/CYProgramServiceRevenueAmt	0	880205
IRS990/CYRevenuesLessExpensesAmt	0	-211893
IRS990/CYSalariesCompEmpBnftPaidAmt	0	219084
IRS990/CYTotalExpensesAmt	0	1092508
IRS990/CYTotalFundraisingExpenseAmt	0	0
IRS990/CYTotalProfFndrsngExpnsAmt	0	0
IRS990/CYTotalRevenueAmt	0	880615
IRS990/DecisionsSubjectToApprovaInd	0	true
IRS990/DeductibleArtContributionInd	0	false
IRS990/DeductibleNonCashContriInd	0	false
IRS990/DeferredRevenueGrp/BOYAmt	0	0
IRS990/DeferredRevenueGrp/EOYAmt	0	0
IRS990/DelegationOfMgmtDutiesInd	0	false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt	0	258083
IRS990/DepreciationDepletionGrp/TotalAmt	0	258083
IRS990/Desc	0	OWNS AND OPERATES A 100 UNIT HOUSING PROJECT UNDER HUD SECTION 202 OF THE NATIONAL HOUSING ACT FOR ELDERLY AND DISABLED PERSONS OF LOW INCOME.
IRS990/DescribedInSection501c3Ind	0	true
IRS990/DisregardedEntityInd	0	false
IRS990/DocumentRetentionPolicyInd	0	true
IRS990/DonorAdvisedFundInd	0	false
IRS990/ElectionOfBoardMembersInd	0	true
IRS990/EmployeeCnt	0	0
IRS990/EngagedInExcessBenefitTransInd	0	false
IRS990/EscrowAccountLiabilityGrp/BOYAmt	0	0
IRS990/EscrowAccountLiabilityGrp/EOYAmt	0	0
IRS990/ExpenseAmt	0	1092508
IRS990/FamilyOrBusinessRlnInd	0	false
IRS990/FederalGrantAuditPerformedInd	0	true
IRS990/FederalGrantAuditRequiredInd	0	true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt	0	15540
IRS990/FeesForServicesAccountingGrp/TotalAmt	0	15540
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt	0	1497
IRS990/FeesForServicesLegalGrp/TotalAmt	0	1497
IRS990/FeesForServicesLobbyingGrp/TotalAmt	0	0
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt	0	71400
IRS990/FeesForServicesManagementGrp/TotalAmt	0	71400
IRS990/FeesForServicesOtherGrp/TotalAmt	0	0
IRS990/FeesForServicesProfFundraising/TotalAmt	0	0
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt	0	0
IRS990/ForeignActivitiesInd	0	false
IRS990/ForeignFinancialAccountInd	0	false
IRS990/ForeignGrantsGrp/TotalAmt	0	0
IRS990/ForeignOfficeInd	0	false
IRS990/Form8282PropertyDisposedOfInd	0	false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	0	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	1	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	2	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	3	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	4	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	5	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	6	1.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	7	1.0
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd	0	X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd	1	X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd	2	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	0	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	1	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	2	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	3	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	4	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	5	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	6	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	7	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	0	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	1	X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	0	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	1	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	2	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	3	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	4	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	5	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	6	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	7	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	8	13698
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	9	5620
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	10	23748
IRS990/Form990PartVIISectionAGrp/PersonNm	0	JEANNE m DIULIO
IRS990/Form990PartVIISectionAGrp/PersonNm	1	RICHARD ABRAHAMSEN
IRS990/Form990PartVIISectionAGrp/PersonNm	2	RICHARD SLIZESKI
IRS990/Form990PartVIISectionAGrp/PersonNm	3	SAMIRA ALIEVA
IRS990/Form990PartVIISectionAGrp/PersonNm	4	DESIREE FRYSON
IRS990/Form990PartVIISectionAGrp/PersonNm	5	MARY HURSON
IRS990/Form990PartVIISectionAGrp/PersonNm	6	MARTIN SUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm	7	DESIREE ARDUINI
IRS990/Form990PartVIISectionAGrp/PersonNm	8	PATRICIA DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm	9	ALLA ELEON
IRS990/Form990PartVIISectionAGrp/PersonNm	10	GEORGE STATHOUDAKIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	8	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	9	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	10	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	4	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	5	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	6	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	7	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	8	130247
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	9	141199
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	10	115130
IRS990/Form990PartVIISectionAGrp/TitleTxt	0	PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt	1	SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt	2	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	4	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	5	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	6	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	7	DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt	8	DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt	9	CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt	10	DIRECTOR OF FACILITIES
IRS990/Form990ProvidedToGvrnBodyInd	0	true
IRS990/FormationYr	0	1994
IRS990/FormerOfcrEmployeesListedInd	0	false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd	0	X
IRS990/FSAuditedInd	0	true
IRS990/FundraisingActivitiesInd	0	false
IRS990/GamingActivitiesInd	0	false
IRS990/GoverningBodyVotingMembersCnt	0	8
IRS990/GrantsPayableGrp/BOYAmt	0	0
IRS990/GrantsPayableGrp/EOYAmt	0	0
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt	0	0
IRS990/GrantsToDomesticOrgsGrp/TotalAmt	0	0
IRS990/GrantsToIndividualsInd	0	false
IRS990/GrantsToOrganizationsInd	0	false
IRS990/GrantToRelatedPersonInd	0	false
IRS990/GrossReceiptsAmt	0	880615
IRS990/GroupReturnForAffiliatesInd	0	false
IRS990/IncludeFIN48FootnoteInd	0	true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt	0	0
IRS990/IndependentAuditFinclStmtInd	0	true
IRS990/IndependentVotingMemberCnt	0	8
IRS990/IndivRcvdGreaterThan100KCnt	0	0
IRS990/IndoorTanningServicesInd	0	false
IRS990/InfoInScheduleOPartVIInd	0	X
IRS990/InformationTechnologyGrp/TotalAmt	0	0
IRS990/InsuranceGrp/ProgramServicesAmt	0	65716
IRS990/InsuranceGrp/TotalAmt	0	65716
IRS990/IntangibleAssetsGrp/BOYAmt	0	0
IRS990/IntangibleAssetsGrp/EOYAmt	0	0
IRS990/InterestGrp/FundraisingAmt	0	0
IRS990/InterestGrp/ManagementAndGeneralAmt	0	0
IRS990/InterestGrp/TotalAmt	0	0
IRS990/InventoriesForSaleOrUseGrp/BOYAmt	0	0
IRS990/InventoriesForSaleOrUseGrp/EOYAmt	0	0
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	410
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	410
IRS990/InvestmentInJointVentureInd	0	false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt	0	0
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/BOYAmt	0	0
IRS990/InvestmentsProgramRelatedGrp/EOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/BOYAmt	0	0
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	0
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	4232754
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	5923260
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	5715829
IRS990/LandBldgEquipCostOrOtherBssAmt	0	9948583
IRS990/LegalDomicileStateCd	0	NY
IRS990/LoanOutstandingInd	0	false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt	0	0
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt	0	0
IRS990/LobbyingActivitiesInd	0	false
IRS990/LocalChaptersInd	0	false
IRS990/MaterialDiversionOrMisuseInd	0	false
IRS990/MembersOrStockholdersInd	0	false
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	true
IRS990/MinutesOfGoverningBodyInd	0	true
IRS990/MissionDesc	0	TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR ELDERLY AND DISABLED PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd	0	false
IRS990/MoreThan5000KToOrgInd	0	false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	9353400
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	9353400
IRS990/NetAssetsOrFundBalancesBOYAmt	0	-2979715
IRS990/NetAssetsOrFundBalancesEOYAmt	0	-3191608
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt	0	0
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt	0	0
IRS990/NoListedPersonsCompensatedInd	0	X
IRS990/NondeductibleContributionsInd	0	false
IRS990/OccupancyGrp/ProgramServicesAmt	0	153201
IRS990/OccupancyGrp/TotalAmt	0	153201
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	10751
IRS990/OfficeExpensesGrp/TotalAmt	0	10751
IRS990/OfficerMailingAddressInd	0	false
IRS990/OperateHospitalInd	0	false
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsSFAS117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	22057
IRS990/OtherAssetsTotalGrp/EOYAmt	0	23657
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	49081
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	49081
IRS990/OtherExpensesGrp/Desc	0	REPAIR/MAINT
IRS990/OtherExpensesGrp/Desc	1	REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc	2	ADMINISTRATIVE RENT FREE UNIT
IRS990/OtherExpensesGrp/Desc	3	MISC FINANCIAL EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	159333
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	100802
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	9720
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	2006
IRS990/OtherExpensesGrp/TotalAmt	0	159333
IRS990/OtherExpensesGrp/TotalAmt	1	100802
IRS990/OtherExpensesGrp/TotalAmt	2	9720
IRS990/OtherExpensesGrp/TotalAmt	3	2006
IRS990/OtherLiabilitiesGrp/BOYAmt	0	39894
IRS990/OtherLiabilitiesGrp/EOYAmt	0	41581
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	157922
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	157922
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt	0	0
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	0
IRS990/PartialLiquidationInd	0	false
IRS990/PaymentsToAffiliatesGrp/TotalAmt	0	0
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	12081
IRS990/PayrollTaxesGrp/TotalAmt	0	12081
IRS990/PensionPlanContributionsGrp/TotalAmt	0	0
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt	0	0
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt	0	0
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt	0	0
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	54042
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	64491
IRS990/PrincipalOfficerNm	0	jeanne m diulio
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	531110
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	531110
IRS990/ProgramServiceRevenueGrp/Desc	0	RENTAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc	1	OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	874928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	5277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	874928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	5277
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	0
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	696
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt	0	0
IRS990/PYOtherExpensesAmt	0	865653
IRS990/PYOtherRevenueAmt	0	0
IRS990/PYProgramServiceRevenueAmt	0	788519
IRS990/PYRevenuesLessExpensesAmt	0	-254553
IRS990/PYSalariesCompEmpBnftPaidAmt	0	178115
IRS990/PYTotalExpensesAmt	0	1043768
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	789215
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt	0	0
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt	0	0
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt	0	0
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-211893
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	true
IRS990/RentalIncomeOrLossGrp/PersonalAmt	0	0
IRS990/RentalIncomeOrLossGrp/RealAmt	0	0
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	false
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RevenueAmt	0	880205
IRS990/RoyaltiesGrp/TotalAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	410431
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	456543
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	410
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	696
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	1787
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	2200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	3490
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	8583
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	880205
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	788519
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	810623
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	780259
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	690726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	3950332
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	410
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	1787
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	2200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	3490
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	8583
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00217
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00323
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	0
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.99783
IRS990ScheduleA/PublicSupportPY509Pct	0	0.99677
IRS990ScheduleA/PublicSupportTotal509Amt	0	3950332
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	880205
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	788519
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	810623
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	780259
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	690726
IRS990ScheduleA/Total509Grp/TotalAmt	0	3950332
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	880615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	789215
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	812410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	782459
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	694216
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	3958915
IRS990/ScheduleBRequiredInd	0	false
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	4542839
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	4076143
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	8618982
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	27740
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	156611
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	184351
IRS990ScheduleD/ExpensesSubtotalAmt	0	1092508
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt	0	0
IRS990ScheduleD/FootnoteTextInd	0	X
IRS990ScheduleD/LandGrp/BookValueAmt	0	1145250
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt	0	1145250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	19000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	22581
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt	0	880615
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	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 June 30, 2016. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years ending on or after June 30, 2013 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	fin 48
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	5715829
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	1092508
IRS990ScheduleD/TotalLiabilityAmt	0	41581

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,272,000
Liabilities: $9,463,608
Net assets: -$3,191,608
Revenue: $880,615
Expenses: $1,092,508
Net income: -$211,893

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.69	$9.49	$4.80	$1.36	$1.53	$0.17
2023Detailed filing. Detailed filing data is available for this year.	$5.03	$9.65	$4.63	$1.30	$1.60	$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.21	$9.53	$4.33	$1.24	$1.51	$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.43	$9.49	$4.06	$1.20	$1.41	$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.60	$9.45	$3.86	$1.22	$1.38	$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.84	$9.53	$3.69	$1.21	$1.26	$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.93	$9.58	$3.65	$1.11	$1.22	$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$6.02	$9.55	$3.53	$0.93	$1.28	$0.34
2016Detailed filing. Detailed filing data is available for this year.	$6.27	$9.46	$3.19	$0.88	$1.09	$0.21
2015Summary only. Only limited summary data is available for this year.	$6.52	$9.50	$2.98	$0.79	$1.04	$0.25
2014Summary only. Only limited summary data is available for this year.	$6.89	$9.62	$2.73	$0.81	$1.12	$0.31
2013Summary only. Only limited summary data is available for this year.	$7.10	$9.51	$2.41	$0.78	$1.01	$0.23
2012Summary only. Only limited summary data is available for this year.	$7.25	$9.44	$2.19	$0.69	$0.88	$0.18
2011Summary only. Only limited summary data is available for this year.	$7.45	$9.45	$2.00	$0.70	$0.93	$0.23