501 Properties Ltd

990EZ • Fiscal year 2012 • EIN 11-3338936

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 07, 2013

Organization Profile N/A

501 William Floyd Parkway11967

Siviq Scores

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

0.72x

Higher debt load relative to assets than 84% of similar nonprofits.

2012 filings • 501(c)2 • <$500k nonprofits • Source year 2012

3.13x

Higher debt load relative to revenue than 86% of similar nonprofits.

2012 filings • 501(c)2 • <$500k nonprofits • Source year 2012

-31%

Higher net margin than 18% of similar nonprofits.

2012 filings • 501(c)2 • <$500k nonprofits • Source year 2012

No value available

This filing does not contain officer compensation rows.

Source year 2012

-7.1%

Faster asset growth than 23% of similar nonprofits.

2012 filings • 501(c)2 • <$500k nonprofits • Annualized from 2011 to 2012

-12%

Faster revenue growth than 27% of similar nonprofits.

2012 filings • 501(c)2 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet

Liabilities / Assets84th percentile

Assets

Down

$237,556

Down $18,169 (-7.1%) from 2011

Net Assets

Down

$66,376

Down $16,876 (-20%) from 2011

Liabilities

Down

$171,180

Down $1,293 (-0.7%) from 2011

Revenue And Expenses

Liabilities / Revenue86th percentile Net Margin18th percentile

Revenue

Down

$54,654

Down $7,556 (-12%) from 2011

Expenses

Down

$71,530

Down $680 (-0.9%) from 2011

Net Income

Down

-$16,876

Down $6,876 (-69%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

Highlighted filing

2012

Assets$237,556

Liabilities$171,180

Net Assets$66,376

Open 2012 Filing

Operations Trend

Revenue Growth27th percentile

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

Highlighted filing

2012

Revenue$54,654

Expenses$71,530

Net Income-$16,876

Open 2012 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2012 to Dec 31, 2012
Signed: Nov 7, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

To provide rental property for tax exempt organizations.

Filing and Contact Details

Filer

EIN: 11-3338936

Raw XML Appendix121 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
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	7240
IRS990EZ/CashSavingsAndInvestments/EOY	0	3577
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-16876
IRS990EZ/FeesAndOthPymtToIndContractors	0	1200
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/Form720Filed	0	false
IRS990EZ/FundraisingGrossIncome	0	0
IRS990EZ/GrossReceipts	0	54654
IRS990EZ/GrossReceiptsForPublicUse	0	0
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InitiationFeesAndCapitalContri	0	0
IRS990EZ/InvestmentIncome	0	54654
IRS990EZ/LandAndBuildings/BOY	0	218027
IRS990EZ/LandAndBuildings/EOY	0	210630
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	83252
IRS990EZ/NetAssetsOrFundBalancesBOY	0	83252
IRS990EZ/NetAssetsOrFundBalances/EOY	0	66376
IRS990EZ/NetAssetsOrFundBalancesEOY	0	66376
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	70042
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	WILLIAM HENNESSEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	President
IRS990EZ/Organization501c	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationFiled990T	0	true
IRS990EZ/OrganizationHadUBI	0	true
IRS990EZ/OtherAssetsTotal/BOY	0	30458
IRS990EZ/OtherAssetsTotal/EOY	0	23349
IRS990EZ/OtherExpensesTotal	0	288
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO PROVIDE RENTAL PROPERTY FOR TAX EXEMPT ORGANIZATIONS.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	TO PROVIDE RENTAL PROPERTY FOR TAX EXEMPT ORGANIZATIONS.
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	172473
IRS990EZ/SumOfTotalLiabilities/EOY	0	171180
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	501 WILLIAM FLOYD PARKWAY
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	SHIRLEY
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	NY
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	11967
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	WILLIAM HENNESSEY
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	6313950600
IRS990EZ/TotalAssets/BOY	0	255725
IRS990EZ/TotalAssets/EOY	0	237556
IRS990EZ/TotalExpenses	0	71530
IRS990EZ/TotalRevenue	0	54654
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleO/GeneralExplanation/Explanation	0	DEFERRED REVENUE - Beginning $0 DEFERRED REVENUE - Ending $2800
IRS990ScheduleO/GeneralExplanation/Explanation	1	DUE TO AFFILIATES - Beginning $15586 DUE TO AFFILIATES - Ending $16211
IRS990ScheduleO/GeneralExplanation/Explanation	2	TENANT SECURITY DEPOSIT PAYABLE - Beginning $1600 TENANT SECURITY DEPOSIT PAYABLE - Ending $2100
IRS990ScheduleO/GeneralExplanation/Explanation	3	Secured Mortgages and Notes Payable - Beginning $154114 Secured Mortgages and Notes Payable - Ending $148869
IRS990ScheduleO/GeneralExplanation/Explanation	4	Accounts Payable and Accrued Expenses - Beginning $1173 Accounts Payable and Accrued Expenses - Ending $1200
IRS990ScheduleO/GeneralExplanation/Explanation	5	UNAMORTIZED MORTGAGE COSTS - Beginning $13892 UNAMORTIZED MORTGAGE COSTS - Ending $13042
IRS990ScheduleO/GeneralExplanation/Explanation	6	Accounts Receivable - Beginning $12604 Accounts Receivable - Ending $7445
IRS990ScheduleO/GeneralExplanation/Explanation	7	Furniture and Fixtures - Beginning $3962 Furniture and Fixtures - Ending $2862
IRS990ScheduleO/GeneralExplanation/Explanation	8	NYS CORPORATION TAX $250
IRS990ScheduleO/GeneralExplanation/Explanation	9	Office Expenses $38
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, Part II, Line 26.3
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990-EZ, Part II, Line 26.2
IRS990ScheduleO/GeneralExplanation/Identifier	2	Form 990-EZ, Part II, Line 26.1
IRS990ScheduleO/GeneralExplanation/Identifier	3	Form 990-EZ, Part II, Line 26.1007
IRS990ScheduleO/GeneralExplanation/Identifier	4	Form 990-EZ, Part II, Line 26.1001
IRS990ScheduleO/GeneralExplanation/Identifier	5	Form 990-EZ, Part II, Line 24.1
IRS990ScheduleO/GeneralExplanation/Identifier	6	Form 990-EZ, Part II, Line 24.1005
IRS990ScheduleO/GeneralExplanation/Identifier	7	Form 990-EZ, Part II, Line 24.1002
IRS990ScheduleO/GeneralExplanation/Identifier	8	Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier	9	Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Total Liabilities.3
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Total Liabilities.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	Total Liabilities.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Total Liabilities.1007
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Total Liabilities.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Other Assets.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	6	Other Assets.1005
IRS990ScheduleO/GeneralExplanation/ReturnReference	7	Other Assets.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference	8	Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	9	Other Expenses.1002
ReturnHeader/BuildTS	0	2016-02-25 16:41:14Z
ReturnHeader/Filer/EIN	0	113338936
ReturnHeader/Filer/Name/BusinessNameLine1	0	501 PROPERTIES LTD
ReturnHeader/Filer/NameControl	0	501P
ReturnHeader/Filer/Phone	0	6313950600
ReturnHeader/Filer/USAddress/AddressLine1	0	501 WILLIAM FLOYD PARKWAY
ReturnHeader/Filer/USAddress/City	0	SHIRLEY
ReturnHeader/Filer/USAddress/State	0	NY
ReturnHeader/Filer/USAddress/ZIPCode	0	11967
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-11-07
ReturnHeader/Officer/Name	0	WILLIAM HENNESSEY
ReturnHeader/Officer/Title	0	President
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	Wagner & Zwerman LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	450 Wireless Boulevard
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	Hauppauge
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	11788
ReturnHeader/Preparer/Name	0	ANDREW M ZWERMAN CPA
ReturnHeader/Preparer/Phone	0	6317771000
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-01-01
ReturnHeader/TaxPeriodEndDate	0	2012-12-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-11-07T11:18:53-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $237,556
Liabilities: $171,180
Net assets: $66,376
Revenue: $54,654
Expenses: $71,530
Net income: -$16,876

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.64	$4.36	$2.71	$0.49	$0.73	$0.23
2023Detailed filing. Detailed filing data is available for this year.	$1.65	$4.13	$2.48	$0.45	$0.78	$0.33
2022Detailed filing. Detailed filing data is available for this year.	$1.72	$3.87	$2.15	$0.43	$0.74	$0.31
2021Detailed filing. Detailed filing data is available for this year.	$1.84	$3.68	$1.84	$0.48	$0.84	$0.36
2020Detailed filing. Detailed filing data is available for this year.	$1.99	$3.47	$1.48	$0.45	$0.80	$0.35
2019Detailed filing. Detailed filing data is available for this year.	$2.13	$3.26	$1.13	$0.51	$0.91	$0.40
2018Detailed filing. Detailed filing data is available for this year.	$2.32	$3.05	$0.73	$0.46	$0.79	$0.34
2017Detailed filing. Detailed filing data is available for this year.	$2.55	$2.95	$0.40	$0.70	$0.85	$0.14
2016Detailed filing. Detailed filing data is available for this year.	$2.76	$3.01	$0.25	$0.53	$0.69	$0.16
2015Detailed filing. Detailed filing data is available for this year.	$2.27	$2.36	$0.10	$0.46	$0.74	$0.28
2014Detailed filing. Detailed filing data is available for this year.	$2.38	$2.20	$0.19	$0.49	$0.70	$0.21
2013Detailed filing. Detailed filing data is available for this year.	$2.19	$1.80	$0.40	$0.49	$0.75	$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.38	$1.71	$0.66	$0.55	$0.72	$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.56	$1.72	$0.83	$0.62	$0.72	$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.68	$1.76	$0.92	$0.66	$0.56	$0.10