Civic Intelligence

Cypress West Housing Development Fund Corporation

990 • Fiscal year 2013 • EIN 11-3294777

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 06, 2014

Organization ProfileN/A
625 Jamaica AvenueBrooklyn, NY 11208

(718) 647-2800

Siviq Scores

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

Liabilities / Assets

76th percentile

1.17x

Higher debt load relative to assets than 76% of similar nonprofits.

2013 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

78th percentile

8.23x

Higher debt load relative to revenue than 78% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Net Margin

18th percentile

-42%

Higher net margin than 18% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Asset Growth

22nd percentile

-4.6%

Faster asset growth than 22% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$2,272,469

Down $108,465 (-4.6%) from 2012

Net Assets

Down

-$394,818

Down $136,631 (-53%) from 2012

Liabilities

Up

$2,667,287

Up $28,166 (+1.1%) from 2012

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin18th percentile

Revenue

$323,922

No earlier filing loaded for comparison.

Expenses

Up

$460,553

Up $87,587 (+23%) from 2012

Net Income

-$136,631

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $2,405,502Liabilities 2011: $2,616,631Net Assets 2011: -$211,1292011Assets 2012: $2,380,934Liabilities 2012: $2,639,121Net Assets 2012: -$258,1872012Assets 2013: $2,272,469Liabilities 2013: $2,667,287Net Assets 2013: -$394,8182013Assets 2014: $2,324,145Liabilities 2014: $2,829,385Net Assets 2014: -$505,2402014Assets 2015: $2,264,923Liabilities 2015: $2,815,048Net Assets 2015: -$550,1252015Assets 2016: $2,218,696Liabilities 2016: $2,790,424Net Assets 2016: -$571,7282016Assets 2017: $2,191,230Liabilities 2017: $2,778,331Net Assets 2017: -$587,1012017Assets 2018: $2,113,061Liabilities 2018: $2,782,137Net Assets 2018: -$669,0762018Assets 2019: $2,078,166Liabilities 2019: $2,813,137Net Assets 2019: -$734,9712019Assets 2020: $1,987,297Liabilities 2020: $2,794,168Net Assets 2020: -$806,8712020Assets 2021: $1,822,949Liabilities 2021: $2,767,571Net Assets 2021: -$944,6222021Assets 2022: $1,734,313Liabilities 2022: $2,819,430Net Assets 2022: -$1,085,1172022Assets 2023: $1,680,460Liabilities 2023: $2,852,199Net Assets 2023: -$1,171,7392023Assets 2024: $1,605,132Liabilities 2024: $2,912,814Net Assets 2024: -$1,307,6822024

Highlighted filing

2013

Assets$2,272,469
Liabilities$2,667,287
Net Assets-$394,818
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KExpenses 2011: $357,3332011Expenses 2012: $372,9662012Revenue 2013: $323,922Expenses 2013: $460,553Net Income 2013: -$136,6312013Revenue 2014: $357,627Expenses 2014: $468,049Net Income 2014: -$110,4222014Revenue 2015: $365,872Expenses 2015: $410,757Net Income 2015: -$44,8852015Revenue 2016: $373,491Expenses 2016: $395,094Net Income 2016: -$21,6032016Revenue 2017: $371,344Expenses 2017: $386,717Net Income 2017: -$15,3732017Revenue 2018: $373,936Expenses 2018: $455,911Net Income 2018: -$81,9752018Revenue 2019: $396,180Expenses 2019: $462,025Net Income 2019: -$65,8452019Revenue 2020: $368,130Expenses 2020: $440,030Net Income 2020: -$71,9002020Revenue 2021: $375,623Expenses 2021: $513,374Net Income 2021: -$137,7512021Revenue 2022: $370,649Expenses 2022: $511,144Net Income 2022: -$140,4952022Revenue 2023: $410,888Expenses 2023: $497,510Net Income 2023: -$86,6222023Revenue 2024: $426,455Expenses 2024: $562,398Net Income 2024: -$135,9432024

Highlighted filing

2013

Revenue$323,922
Expenses$460,553
Net Income-$136,631
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 6, 2014
Return Version
2013v3.1
Gross Receipts
$323,922
Mission and Program Overview

Mission

To provide and maintain affordable housing for persons and families of low income in brooklyn, new yok.

To provide and maintain affortable housing for persons and families of low income in Brooklyn, New York.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,971,231$1,894,092▼ $77,139
Savings and Temporary Cash Investments$210,013$213,610▲ $3,597
Prepaid Expenses and Deferred Charges-$70,654-
Accounts Receivable$98,085$58,597▼ $39,488
Cash and Non-Interest-Bearing Accounts$85,088$20,130▼ $64,958
Total Assets$2,380,934$2,272,469▼ $108,465
Other Assets Total$16,517$15,386▼ $1,131
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,566,086$2,589,322▲ $23,236
Accounts Payable and Accrued Expenses$58,046$61,156▲ $3,110
Other Liabilities$14,989$16,809▲ $1,820
Total Liabilities$2,639,121$2,667,287▲ $28,166
Net Assets / Fund Balance
Unrestricted Net Assets$-258,187$-394,818▼ $136,631
Total Net Assets Fund Balance$-258,187$-394,818▼ $136,631
Total Liabilities and Net Assets / Fund Balance$2,380,934$2,272,469▼ $108,465

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,876,296$-410,363$2,286,659
Equipment$15,996-$15,996
Land$1,800-$1,800
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Sylvia StovallPresident
Amory SanchezVice President
Michelle NeuguebauerCEO
Jean M ReynoldsCOO
Alexis Lugo-SanchezMember
Melodye HarveyMember
Mirian RodriguezMember
Harold GreenSecretary
Clarissa GomezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$321,318
Investment Income
$2,292
Other Revenue
$312
Change in Net Assets
$-136,631

Audited Revenue Reconciliation

Revenue per Audited Statements
$323,922
Total Revenue per Audited Statements
$323,922
Total Revenue per Form 990
$323,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$460,553
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$85,007--$85,007
All Other Expenses$45,054--$45,054
Fees for Services Management$27,498--$27,498
Insurance$22,384--$22,384
Fees for Services Legal$14,075--$14,075
Fees for Services Other$8,443--$8,443
Other Expenses$7,012--$7,012
Occupancy$6,600--$6,600
Fees for Services Accounting$6,450--$6,450
Interest$3,557--$3,557
Total Functional Expenses$460,553$0$0$460,553

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$460,553
Total Expenses per Audited Statements$460,553
Total Expenses per Form 990$460,553
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
Federal income taxes$16,809
Tenant security deposits payable-
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
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure it is accurate and complete. Subsequently, a copy of the draft 990 is provided to the audit committee for review. The audit committee will meet with management to discuss the 990 and resolve any questions that may arise. The draft 990 will then be distributed to the board for review and approval. Upon approval from the board the 990 will be filed.”

Form 990, Part VI, Section B, Line 12C

“Board members, Officers and Employees report annually if a conflict appears to exist, management and the board will meet with the individual to obtain all facts. Subsequently, a vote will ensure if the matter is indeed a conflict of interest. If it is found to be a conflict of interest, the individual with the conflict of interest must refrain from participating in the deliberation and decision making concerning the matter that gave rise to the conflict.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

EIN
11-3294777
Phone
7186472800

Signing Officer

Name
Michelle Neuguebauer
Title
CEO
Signed
2014-10-06
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Preparer
Tyrone Sellers
Phone
7183418770
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Management reviews the audit to ensure it is accurate and complete. A copy of the draft audit is provided to the audit committee for review. The audit committee will meet with management to discuss the draft audit and resolve any questions that may arise. The draft audit will then be distributed to the board for review and approval. Upon approval from the board the draft audit will then be finalized.”

Raw XML AppendixShowing 400 of 456 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt058046
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt061156
IRS990/AccountsReceivableGrp/BOYAmt098085
IRS990/AccountsReceivableGrp/EOYAmt058597
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide and maintain affortable housing for persons and families of low income in Brooklyn, New York.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt045054
IRS990/AllOtherExpensesGrp/TotalAmt045054
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CYPRESS HILLS LDC
IRS990/BooksInCareOfDetail/PhoneNum07186482800
IRS990/BooksInCareOfDetail/USAddress/AddressLine10625 JAMAICA AVENUE
IRS990/BooksInCareOfDetail/USAddress/City0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode011208
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt085088
IRS990/CashNonInterestBearingGrp/EOYAmt020130
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02292
IRS990/CYOtherExpensesAmt0460553
IRS990/CYOtherRevenueAmt0312
IRS990/CYProgramServiceRevenueAmt0321318
IRS990/CYRevenuesLessExpensesAmt0-136631
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0460553
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0323922
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt085007
IRS990/DepreciationDepletionGrp/TotalAmt085007
IRS990/Desc0Affortable Housing Program that provides 39 residential units for rent to persons and families of low income in Brooklyn, New York.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0460553
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06450
IRS990/FeesForServicesAccountingGrp/TotalAmt06450
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt014075
IRS990/FeesForServicesLegalGrp/TotalAmt014075
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt027498
IRS990/FeesForServicesManagementGrp/TotalAmt027498
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08443
IRS990/FeesForServicesOtherGrp/TotalAmt08443
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8002.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
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/PersonNm0Sylvia Stovall
IRS990/Form990PartVIISectionAGrp/PersonNm1Amory Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm2Clarissa Gomez
IRS990/Form990PartVIISectionAGrp/PersonNm3Harold Green
IRS990/Form990PartVIISectionAGrp/PersonNm4Melodye Harvey
IRS990/Form990PartVIISectionAGrp/PersonNm5Alexis Lugo-Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm6Mirian Rodriguez
IRS990/Form990PartVIISectionAGrp/PersonNm7Michelle Neuguebauer
IRS990/Form990PartVIISectionAGrp/PersonNm8Jean M Reynolds
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/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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8COO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0323922
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt022384
IRS990/InsuranceGrp/TotalAmt022384
IRS990/InterestGrp/ProgramServicesAmt03557
IRS990/InterestGrp/TotalAmt03557
IRS990/InvestmentIncomeGrp/ExclusionAmt02292
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02292
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0-410363
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01971231
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01894092
IRS990/LandBldgEquipCostOrOtherBssAmt02304455
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide and maintain affortable housing for persons and families of low income in Brooklyn, New York.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02566086
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02589322
IRS990/NetAssetsOrFundBalancesBOYAmt0-258187
IRS990/NetAssetsOrFundBalancesEOYAmt0-394818
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt06600
IRS990/OccupancyGrp/TotalAmt06600
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016517
IRS990/OtherAssetsTotalGrp/EOYAmt015386
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repair and maintenance expenses
IRS990/OtherExpensesGrp/Desc1Utility expenses
IRS990/OtherExpensesGrp/Desc2Miscellaneous expenses
IRS990/OtherExpensesGrp/Desc3Licenses, permits and other
IRS990/OtherExpensesGrp/ProgramServicesAmt0122955
IRS990/OtherExpensesGrp/ProgramServicesAmt1107679
IRS990/OtherExpensesGrp/ProgramServicesAmt23839
IRS990/OtherExpensesGrp/ProgramServicesAmt37012
IRS990/OtherExpensesGrp/TotalAmt0122955
IRS990/OtherExpensesGrp/TotalAmt1107679
IRS990/OtherExpensesGrp/TotalAmt23839
IRS990/OtherExpensesGrp/TotalAmt37012
IRS990/OtherLiabilitiesGrp/BOYAmt014989
IRS990/OtherLiabilitiesGrp/EOYAmt016809
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0312
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0312
IRS990/OtherRevenueTotalAmt0312
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070654
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10Michelle Neugebauer CEO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Tenant rent income
IRS990/ProgramServiceRevenueGrp/Desc1Other tenant charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0321083
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0321083
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1235
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0253
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0372966
IRS990/PYProgramServiceRevenueAmt0325657
IRS990/PYRevenuesLessExpensesAmt0-47056
IRS990/PYTotalExpensesAmt0372966
IRS990/PYTotalRevenueAmt0325910
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-136631
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0323922
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0210013
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0213610
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02292
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0253
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0521
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03293
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0321318
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0325657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0302683
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0198575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0106201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01254434
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0521
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03293
IRS990ScheduleA/InvestmentIncomeCYPct00.00260
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0312
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0312
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99710
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01254434
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0321318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0325657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0302683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0198575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0106201
IRS990ScheduleA/Total509Grp/TotalAmt01254434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0323922
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0325910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0303204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0198751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0106252
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01258039
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01876296
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0-410363
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02286659
IRS990ScheduleD/EquipmentGrp/BookValueAmt015996
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015996
IRS990ScheduleD/ExpensesSubtotalAmt0460553
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016809
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant security deposits payable
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0323922
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01894092
IRS990ScheduleD/TotalExpensesPerForm990Amt0460553
IRS990ScheduleD/TotalLiabilityAmt016809
IRS990ScheduleD/TotalRevenuePerForm990Amt0323922
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0323922
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0460553
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure it is accurate and complete. Subsequently, a copy of the draft 990 is provided to the audit committee for review. The audit committee will meet with management to discuss the 990 and resolve any questions that may arise. The draft 990 will then be distributed to the board for review and approval. Upon approval from the board the 990 will be filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members, Officers and Employees report annually if a conflict appears to exist, management and the board will meet with the individual to obtain all facts. Subsequently, a vote will ensure if the matter is indeed a conflict of interest. If it is found to be a conflict of interest, the individual with the conflict of interest must refrain from participating in the deliberation and decision making concerning the matter that gave rise to the conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents, conflict of interest policy and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews the audit to ensure it is accurate and complete. A copy of the draft audit is provided to the audit committee for review. The audit committee will meet with management to discuss the draft audit and resolve any questions that may arise. The draft audit will then be distributed to the board for review and approval. Upon approval from the board the draft audit will then be finalized.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2c
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10CYPRESS HILLS LOCAL DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112683662
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10625 JAMAICA AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode011208
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02380934
IRS990/TotalAssetsEOYAmt02272469
IRS990/TotalAssetsGrp/BOYAmt02380934
IRS990/TotalAssetsGrp/EOYAmt02272469
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0460553

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,272,469
Liabilities
$2,667,287
Net assets
-$394,818
Revenue
$323,922
Expenses
$460,553
Net income
-$136,631
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$2.91$1.31$0.43$0.56$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.68$2.85$1.17$0.41$0.50$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.73$2.82$1.09$0.37$0.51$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.82$2.77$0.94$0.38$0.51$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$2.79$0.81$0.37$0.44$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.08$2.81$0.73$0.40$0.46$0.07
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.11$2.78$0.67$0.37$0.46$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$2.78$0.59$0.37$0.39$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.22$2.79$0.57$0.37$0.40$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$2.82$0.55$0.37$0.41$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.32$2.83$0.51$0.36$0.47$0.11
2013Detailed filing. Detailed filing data is available for this year.$2.27$2.67$0.39$0.32$0.46$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$2.64$0.26$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$2.62$0.21$0.36
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $1M-$5M nonprofits