Civic Intelligence

Rosale Housing Development Fund Corporation

990 • Fiscal year 2018 • EIN 11-3329140

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization ProfileN/A

View Organization Page

840 Hegeman AvenueBrooklyn, NY 11207

(718) 649-7000

Siviq Scores

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

Liabilities / Assets

29th percentile

0.10x

Higher debt load relative to assets than 29% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

39th percentile

0.67x

Higher debt load relative to revenue than 39% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Net Margin

12th percentile

-51%

Higher net margin than 12% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Asset Growth

16th percentile

-6.1%

Faster asset growth than 16% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

0.2%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets29th percentile

Assets

Down

$2,681,630

Down $172,939 (-6.1%) from 2017

Net Assets

Down

$2,410,250

Down $207,068 (-7.9%) from 2017

Liabilities

Up

$271,380

Up $34,129 (+14%) from 2017

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin12th percentile

Revenue

Up

$406,338

Up $1,012 (+0.2%) from 2017

Expenses

Up

$613,406

Up $36,993 (+6.4%) from 2017

Net Income

Down

-$207,068

Down $35,981 (-21%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,913,877Liabilities 2010: $93,053Net Assets 2010: $3,820,8242010Assets 2011: $3,801,379Liabilities 2011: $165,712Net Assets 2011: $3,635,6672011Assets 2012: $3,672,884Liabilities 2012: $237,016Net Assets 2012: $3,435,8682012Assets 2013: $3,486,538Liabilities 2013: $199,991Net Assets 2013: $3,286,5472013Assets 2014: $3,373,188Liabilities 2014: $224,679Net Assets 2014: $3,148,5092014Assets 2015: $3,193,853Liabilities 2015: $161,765Net Assets 2015: $3,032,0882015Assets 2016: $3,019,990Liabilities 2016: $134,010Net Assets 2016: $2,885,9802016Assets 2017: $2,854,569Liabilities 2017: $237,251Net Assets 2017: $2,617,3182017Assets 2018: $2,681,630Liabilities 2018: $271,380Net Assets 2018: $2,410,2502018Assets 2019: $2,522,688Liabilities 2019: $353,892Net Assets 2019: $2,168,7962019Assets 2020: $2,429,798Liabilities 2020: $445,731Net Assets 2020: $1,984,0672020Assets 2021: $2,108,665Liabilities 2021: $356,412Net Assets 2021: $1,752,2532021Assets 2022: $2,013,678Liabilities 2022: $485,232Net Assets 2022: $1,528,4462022Assets 2023: $1,737,815Liabilities 2023: $413,541Net Assets 2023: $1,324,2742023Assets 2024: $1,574,189Liabilities 2024: $459,758Net Assets 2024: $1,114,4312024

Highlighted filing

2018

Assets$2,681,630
Liabilities$271,380
Net Assets$2,410,250
Open 2018 Filing

Operations Trend

Revenue Growth39th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $537,9612010Expenses 2011: $540,7872011Expenses 2012: $551,2232012Revenue 2013: $380,035Expenses 2013: $529,356Net Income 2013: -$149,3212013Revenue 2014: $438,965Expenses 2014: $577,003Net Income 2014: -$138,0382014Revenue 2015: $408,535Expenses 2015: $525,078Net Income 2015: -$116,5432015Revenue 2016: $408,211Expenses 2016: $554,319Net Income 2016: -$146,1082016Revenue 2017: $405,326Expenses 2017: $576,413Net Income 2017: -$171,0872017Revenue 2018: $406,338Expenses 2018: $613,406Net Income 2018: -$207,0682018Revenue 2019: $399,611Expenses 2019: $639,662Net Income 2019: -$240,0512019Revenue 2020: $406,268Expenses 2020: $599,990Net Income 2020: -$193,7222020Revenue 2021: $395,508Expenses 2021: $627,322Net Income 2021: -$231,8142021Revenue 2022: $456,142Expenses 2022: $679,949Net Income 2022: -$223,8072022Revenue 2023: $476,957Expenses 2023: $694,136Net Income 2023: -$217,1792023Revenue 2024: $491,520Expenses 2024: $701,363Net Income 2024: -$209,8432024

Highlighted filing

2018

Revenue$406,338
Expenses$613,406
Net Income-$207,068
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$406,338
Mission and Program Overview

Mission

Rosale housing development fund corporation is a not-for-profit organization dedicated to provide housing, housing facilities and services for elderly or disabled persons of low income to meet their physical, social and psychological needs.

Provide housing for the elderly or disabled persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,266,213$2,100,556▼ $165,657
Savings and Temporary Cash Investments$471,762$453,539▼ $18,223
Receivables From Officers Etc$58,230$58,230→ $0
Prepaid Expenses and Deferred Charges$14,202$16,672▲ $2,470
Cash and Non-Interest-Bearing Accounts$8,308$13,905▲ $5,597
Other Notes and Loans Receivable, Net$13,500$13,500→ $0
Accounts Receivable$5,354$7,913▲ $2,559
Total Assets$2,854,569$2,681,630▼ $172,939
Other Assets Total$17,000$17,315▲ $315
Liabilities
Accounts Payable and Accrued Expenses$224,912$258,481▲ $33,569
Escrow Account Liability$12,339$12,899▲ $560
Total Liabilities$237,251$271,380▲ $34,129
Net Assets / Fund Balance
Unrestricted Net Assets$2,617,318$2,410,250▼ $207,068
Total Net Assets Fund Balance$2,617,318$2,410,250▼ $207,068
Total Liabilities and Net Assets / Fund Balance$2,854,569$2,681,630▼ $172,939

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,071,589$2,879,419$4,951,008
Equipment$4,967$34,239$39,206
Land$24,000-$24,000
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Dan SimonetteChairman/president
Arlene JohnsonMember
Belva PurcellMember
Jean IsbellMember
Rita FrayMember
Madeline FordSecretary
Wesley UlysseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$401,779
Investment Income
$639
Other Revenue
$3,920
Change in Net Assets
$-207,068
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$489,459
Salaries, Compensation, and Employee Benefits$123,947
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$175,680--$175,680
Depreciation Depletion$165,657--$165,657
Comp Disqual Persons$117,740--$117,740
Fees for Services Management-$32,712-$32,712
Fees for Services Accounting-$28,434-$28,434
Office Expenses$10,987$11,039-$22,026
Interest$6,304--$6,304
Payroll Taxes$6,119--$6,119
Other Expenses$5,951--$5,951
Fees for Services Other$2,112--$2,112
Other Employee Benefits$88--$88
Total Functional Expenses$541,221$72,185$0$613,406
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$58,230$58,230→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization purchased management and bookeeping services from shinda management corporation. Shinda was paid $32,712 for these services in 2018.”

Form 990, Part VI, Section A, Line 8A

“There were no board minutes kept for 2018.”

Form 990, Part VI, Section A, Line 8B

“There are no committees with the ability to act on behalf of the board.”

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

“No board review of the form 990 was conducted prior to filing the return.”

Form 990, Part VI, Section C, Line 19

“The organization's form 990 and form 1023 is available for public inspection as required under section 6104 of the internal revenue code. Its on guidestar.org and other similar types of websites. In addition, the financial statements, articles of incorporation and by-laws are also available upon written request at 840 hegeman avenue, brooklyn, ny 11207 or by calling the organization directly at (718)-649-7000.”

Filing and Contact Details

Filer

Filer Name
Rosale Housing Development
EIN
11-3329140
Phone
7186497000
Address
840 HEGEMAN AVENUE, BROOKLYN, NY 11207

Signing Officer

Name
Madeline Ford
Title
Secretary
Phone
7186497000
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Madeline Ford
Formed
1996
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
0
Employees
3
Volunteers
7

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization maintains an account for tenant security deposits. When a tenant vacates an apartment the amount of security deposit is refunded to them.”

Raw XML AppendixShowing 400 of 475 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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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2014 AMOUNT: $ 35,935. 2015 AMOUNT: $ 240. 2017 AMOUNT: $ 130. 2018 AMOUNT: $ 320. LAUNDRY VENDING MACHINE INCOME - 2017 AMOUNT: $ 2,100. 2018 AMOUNT: $ 3,600.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0639
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0575
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0424
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0304
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0662
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0401779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0402521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0382813
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0407991
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0402368
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01997472
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0639
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0575
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0662
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02604
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03920
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02230
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0240
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt035935
IRS990ScheduleA/OtherIncome509Grp/TotalAmt042325
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97800
IRS990ScheduleA/PublicSupportPY509Pct00.97820
IRS990ScheduleA/PublicSupportTotal509Amt01997472
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0401779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0402521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0382813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0407991
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0402368
IRS990ScheduleA/Total509Grp/TotalAmt01997472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0406338
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0405326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0383237
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0408535
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0438965
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02042401
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02071589
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02879419
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04951008
IRS990ScheduleD/EquipmentGrp/BookValueAmt04967
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039206
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt024000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt024000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS AN ACCOUNT FOR TENANT SECURITY DEPOSITS. WHEN A TENANT VACATES AN APARTMENT THE AMOUNT OF SECURITY DEPOSIT IS REFUNDED TO THEM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02100556
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09330
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt18400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt29000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt36900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt49600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt511400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt63600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6REPAYMENT OF STIPENDS TO ATTEND BOARD MEETINGS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt09330
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt18400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt29000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt36900
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt49600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt511400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt63600
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ARLENE JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1BELVA PURCELL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2DANIEL SIMONETTE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3JEAN ISBELL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4MADELINE FORD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm5WESLEY ULYSSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm6RITA FRAY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6BOARD MEMBER OF ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd60
IRS990ScheduleL/TotalBalanceDueAmt058230
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PURCHASED MANAGEMENT AND BOOKEEPING SERVICES FROM SHINDA MANAGEMENT CORPORATION. SHINDA WAS PAID $32,712 FOR THESE SERVICES IN 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO BOARD MINUTES KEPT FOR 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WITH THE ABILITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO BOARD REVIEW OF THE FORM 990 WAS CONDUCTED PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 990 AND FORM 1023 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. ITS ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 840 HEGEMAN AVENUE, BROOKLYN, NY 11207 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)-649-7000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02854569
IRS990/TotalAssetsEOYAmt02681630
IRS990/TotalAssetsGrp/BOYAmt02854569
IRS990/TotalAssetsGrp/EOYAmt02681630

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,681,630
Liabilities
$271,380
Net assets
$2,410,250
Revenue
$406,338
Expenses
$613,406
Net income
-$207,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.46$1.11$0.49$0.70$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.41$1.32$0.48$0.69$0.22
2022Detailed filing. Detailed filing data is available for this year.$2.01$0.49$1.53$0.46$0.68$0.22
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.36$1.75$0.40$0.63$0.23
2020Detailed filing. Detailed filing data is available for this year.$2.43$0.45$1.98$0.41$0.60$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.52$0.35$2.17$0.40$0.64$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.68$0.27$2.41$0.41$0.61$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.24$2.62$0.41$0.58$0.17
2016Detailed filing. Detailed filing data is available for this year.$3.02$0.13$2.89$0.41$0.55$0.15
2015Detailed filing. Detailed filing data is available for this year.$3.19$0.16$3.03$0.41$0.53$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.37$0.22$3.15$0.44$0.58$0.14
2013Detailed filing. Detailed filing data is available for this year.$3.49$0.20$3.29$0.38$0.53$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$0.24$3.44$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.17$3.64$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.09$3.82$0.54