Civic Intelligence

Us Jones Hdfc

EIN 11-3299743 • 501(c)3 • Brooklyn, NY

Profile

The Corporation is a charitable not-for-profit corporation organized exclusively for the purpose of developing and operating a housing project for Persons Of Low Income.

294 Sumpter StreetBrooklyn, NY 11233-2743
Siviq Scores

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

Liabilities / Assets

98th percentile

12.42x

Higher debt load relative to assets than 98% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

5.20x

Higher debt load relative to revenue than 85% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-5.1%

Higher net margin than 36% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

92nd percentile

89%

Faster asset growth than 92% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

9.4%

Faster revenue growth than 68% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$122,398

Up $57,553 (+89%) from 2023

Liabilities

Up

$1,520,633

Up $72,429 (+5.0%) from 2023

Net Assets

Down

-$1,398,235

Down $14,876 (-1.1%) from 2023

Revenue

Up

$292,398

Up $25,068 (+9.4%) from 2023

Expenses

Down

$307,274

Down $67,711 (-18%) from 2023

Net Income

Up

-$14,876

Up $92,779 (+86%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2020: $250,199Liabilities 2020: $1,358,047Net Assets 2020: -$1,107,8482020Assets 2021: $208,383Liabilities 2021: $1,353,429Net Assets 2021: -$1,145,0462021Assets 2022: $79,977Liabilities 2022: $1,355,681Net Assets 2022: -$1,275,7042022Assets 2023: $64,845Liabilities 2023: $1,448,204Net Assets 2023: -$1,383,3592023Assets 2024: $122,398Liabilities 2024: $1,520,633Net Assets 2024: -$1,398,2352024

Highlighted filing

2024

Assets$122,398
Liabilities$1,520,633
Net Assets-$1,398,235

Operations Trend

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

$400K$200K$0-$200KRevenue 2020: $286,018Expenses 2020: $346,966Net Income 2020: -$60,9482020Revenue 2021: $260,366Expenses 2021: $297,564Net Income 2021: -$37,1982021Revenue 2022: $256,883Expenses 2022: $387,542Net Income 2022: -$130,6592022Revenue 2023: $267,330Expenses 2023: $374,985Net Income 2023: -$107,6552023Revenue 2024: $292,398Expenses 2024: $307,274Net Income 2024: -$14,8762024

Highlighted filing

2024

Revenue$292,398
Expenses$307,274
Net Income-$14,876

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$267,330
Mission and Program Overview

Mission

The Corporation is a charitable not-for-profit corporation organized exclusively for the purpose of developing and operating a housing project for Persons Of Low Income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$25,640$37,851▲ $12,211
Cash and Non-Interest-Bearing Accounts$9,027$9,027→ $0
Land, Buildings, and Equipment, Net$27,454$1▼ $27,453
Total Assets$79,977$64,845▼ $15,132
Other Assets Total$17,856$17,966▲ $110
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,294,744$1,294,744→ $0
Other Liabilities$24,472$118,688▲ $94,216
Accounts Payable and Accrued Expenses$36,465$34,772▼ $1,693
Total Liabilities$1,355,681$1,448,204▲ $92,523
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,275,704$-1,383,359▼ $107,655
Total Net Assets Fund Balance$-1,275,704$-1,383,359▼ $107,655
Total Liabilities and Net Assets / Fund Balance$79,977$64,845▼ $15,132

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$1,294,744$1,294,744
Land$1-$1
Other Assets Org$455--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark FaircloughChairperson
Pelham BollersExecutive Director
Dionne FranceSecretary
Courtney NewellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$267,330
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-107,655

Audited Revenue Reconciliation

Revenue per Audited Statements
$267,330
Total Revenue per Audited Statements
$267,330
Total Revenue per Form 990
$267,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$308,623
Salaries, Compensation, and Employee Benefits$66,362
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$127,851--$127,851
Insurance$55,385--$55,385
Other Salaries and Wages$54,101--$54,101
Depreciation Depletion$27,453--$27,453
Fees for Services Accounting-$19,101-$19,101
Payroll Taxes$6,630--$6,630
Other Employee Benefits$5,631--$5,631
Fees for Services Legal$5,320--$5,320
All Other Expenses$1,229--$1,229
Information Technology$160--$160
Travel$160--$160
Other Expenses$55$16,201-$55
Total Functional Expenses$339,683$35,302$0$374,985

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$374,985
Total Expenses per Audited Statements$374,985
Total Expenses per Form 990$374,985
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 managing agent$99,906
Tenants security payable$17,511
Due to tenants$1,271
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

The Form 990 is provided to the organizations governing body for their review and approval prior to filing.

Conflict of interest policy compliance Part VI line 12C

You are required to disclose in good faith and in writing to the Board and or the Finance Committee at the Business Office, 294 Sumpter Avenue, Brooklyn, NY all material facts related to conflicts of interest (including those that implicate an Other Related Party but not a Covered Person) (including the nature of your or the Other Related Partys interest and information about any proposed transaction or other arrangement). Disclosures should be made in advance, before any action is taken on the matter. Conflict identification and analysis can be difficult and, therefore, you are at all times expected to err on the side of caution and disclose all instances where a conflict of interest or the appearance of a conflict exists.

CEO executive director top management comp Part VI line 15A

Compensation for the chief executive officer is determined by the board of directors using comparative data obtained from other not for profit organizations, compensation for other staff members is determined by the CEO using the same data.

Other officer or key employee compensation Part VI line 15B

Compensation for the chief executive officer is determined by the board of directors using comparative data obtained from other not for profit organizations, compensation for other staff members is determined by the CEO using the same data.

Governing documents etc available to public Part VI line 19

Information and other documents of the organization are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
US Jones Hdfc
EIN
11-3299743
Address
294 SUMPTER STREET, Brooklyn, NY 11233-2743

Signing Officer

Name
Pelham Bollers
Title
Executive Direc
Phone
7189193600
Signed
2024-11-07
Discuss with paid preparer
No

Organization Details

Formed
1995
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Padilla and Company LLP
Address
175-61 Hillside Avenue Ste 200, Jamaica, NY 11432
Preparer
Jose Paolo Espiritu
Phone
7185585858
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

The Organization follows the guidance of Accounting for Income Taxes (ASC 740), related to uncertainties in income taxes, which prescribes a threshold or more likely than not for recognition and disallowance of tax positions taken or expected to be taken in a tax return.

Raw XML AppendixShowing 400 of 413 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is provided to the organizations governing body for their review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1You are required to disclose in good faith and in writing to the Board and or the Finance Committee at the Business Office, 294 Sumpter Avenue, Brooklyn, NY all material facts related to conflicts of interest (including those that implicate an Other Related Party but not a Covered Person) (including the nature of your or the Other Related Partys interest and information about any proposed transaction or other arrangement). Disclosures should be made in advance, before any action is taken on the matter. Conflict identification and analysis can be difficult and, therefore, you are at all times expected to err on the side of caution and disclose all instances where a conflict of interest or the appearance of a conflict exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for the chief executive officer is determined by the board of directors using comparative data obtained from other not for profit organizations, compensation for other staff members is determined by the CEO using the same data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for the chief executive officer is determined by the board of directors using comparative data obtained from other not for profit organizations, compensation for other staff members is determined by the CEO using the same data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Information and other documents of the organization are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0US Brownsville II HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1US Brownsville III HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Urban Strategies Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3US McLeod HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4US Lottport
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113091853
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1113491234
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2112484364
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3472901744
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4812203588
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Low income housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Low income housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Social projects
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3Low income housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4Low income housing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt27
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt410
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0294 Sumpter Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1294 Sumpter Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2294 Sumpter Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3294 Sumpter Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4294 Sumpter Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011233
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd111233
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd211233
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd311233
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd411233
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt079977
IRS990/TotalAssetsEOYAmt064845
IRS990/TotalAssetsGrp/BOYAmt079977
IRS990/TotalAssetsGrp/EOYAmt064845
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035302
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0339683
IRS990/TotalFunctionalExpensesGrp/TotalAmt0374985
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01355681
IRS990/TotalLiabilitiesEOYAmt01448204
IRS990/TotalLiabilitiesGrp/BOYAmt01355681
IRS990/TotalLiabilitiesGrp/EOYAmt01448204
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1275704
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1383359
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0339683
IRS990/TotalProgramServiceRevenueAmt0267330
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0267330
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0267330
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt079977
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt064845
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt0160
IRS990/TravelGrp/TotalAmt0160
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0http://www.urbanstrategies.org/about-us/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Pelham Bollers
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum07189193600
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0US JONES HDFC
ReturnHeader/Filer/BusinessNameControlTxt0USJO
ReturnHeader/Filer/EIN0113299743
ReturnHeader/Filer/USAddress/AddressLine1Txt0294 SUMPTER STREET
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0112332743
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113287732

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