Civic Intelligence

Cypress Homes Housing Development Fund Corporation

990 • Fiscal year 2013 • EIN 11-3440887

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 08, 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

58th percentile

1.02x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

40.20x

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

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

Net Margin

99th percentile

100%

Higher net margin than 99% 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

2nd percentile

-28%

Faster asset growth than 2% 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 / Assets58th percentile

Assets

Down

$2,076,816

Down $810,691 (-28%) from 2012

Net Assets

Up

-$32,386

Up $52,462 (+62%) from 2012

Liabilities

Down

$2,109,202

Down $863,153 (-29%) from 2012

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin99th percentile

Revenue

$52,462

No earlier filing loaded for comparison.

Expenses

Flat

$0

Flat from 2012

Net Income

$52,462

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,351,088Liabilities 2011: $2,297,898Net Assets 2011: $53,1902011Assets 2012: $2,887,507Liabilities 2012: $2,972,355Net Assets 2012: -$84,8482012Assets 2013: $2,076,816Liabilities 2013: $2,109,202Net Assets 2013: -$32,3862013Assets 2014: $1,800,772Liabilities 2014: $1,846,223Net Assets 2014: -$45,4512014Assets 2015: $1,762,559Liabilities 2015: $1,817,745Net Assets 2015: -$55,1862015Assets 2016: $1,754,127Liabilities 2016: $1,813,933Net Assets 2016: -$59,8062016Assets 2017: $1,719,679Liabilities 2017: $1,795,062Net Assets 2017: -$75,3832017Assets 2018: $1,716,592Liabilities 2018: $1,858,313Net Assets 2018: -$141,7212018Assets 2019: $1,656,919Liabilities 2019: $1,837,015Net Assets 2019: -$180,0962019Assets 2020: $848,404Liabilities 2020: $1,093,587Net Assets 2020: -$245,1832020Assets 2021: $852,311Liabilities 2021: $1,180,221Net Assets 2021: -$327,9102021Assets 2022: $815,042Liabilities 2022: $1,220,188Net Assets 2022: -$405,1462022Assets 2023: $804,013Liabilities 2023: $1,242,114Net Assets 2023: -$438,1012023Assets 2024: $779,859Liabilities 2024: $1,255,953Net Assets 2024: -$476,0942024

Highlighted filing

2013

Assets$2,076,816
Liabilities$2,109,202
Net Assets-$32,386
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KExpenses 2011: $02011Expenses 2012: $02012Revenue 2013: $52,462Expenses 2013: $0Net Income 2013: $52,4622013Revenue 2014: -$13,065Expenses 2014: $0Net Income 2014: -$13,0652014Revenue 2015: -$9,735Expenses 2015: $0Net Income 2015: -$9,7352015Revenue 2016: -$4,620Expenses 2016: $0Net Income 2016: -$4,6202016Revenue 2017: -$15,577Expenses 2017: $0Net Income 2017: -$15,5772017Revenue 2018: -$66,338Expenses 2018: $0Net Income 2018: -$66,3382018Revenue 2019: $112,520Expenses 2019: $150,896Net Income 2019: -$38,3762019Revenue 2020: $101,261Expenses 2020: $167,874Net Income 2020: -$66,6132020Revenue 2021: $102,688Expenses 2021: $185,415Net Income 2021: -$82,7272021Revenue 2022: $95,803Expenses 2022: $173,039Net Income 2022: -$77,2362022Revenue 2023: $115,715Expenses 2023: $148,670Net Income 2023: -$32,9552023Revenue 2024: $120,019Expenses 2024: $158,012Net Income 2024: -$37,9932024

Highlighted filing

2013

Revenue$52,462
Expenses$0
Net Income$52,462
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 8, 2014
Return Version
2013v3.1
Gross Receipts
$1,244,385
Mission and Program Overview

Mission

To acquire and develop on a non profit basis residential properties for sale to persons of low income.

Development of affordable housing for persons of low income in the neighborhood of Brooklyn, New York.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$219,567$1,004,427▲ $784,860
Accounts Receivable$7,446$257,970▲ $250,524
Cash and Non-Interest-Bearing Accounts$24,413$14,371▼ $10,042
Prepaid Expenses and Deferred Charges-$3,227-
Total Assets$2,887,507$2,076,816▼ $810,691
Other Assets Total$2,636,081$796,821▼ $1,839,260
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,697,852$1,736,272▼ $961,580
Other Liabilities$256,837$345,850▲ $89,013
Accounts Payable and Accrued Expenses$17,666$27,080▲ $9,414
Total Liabilities$2,972,355$2,109,202▼ $863,153
Net Assets / Fund Balance
Unrestricted Net Assets$-84,848$-32,386▲ $52,462
Total Net Assets Fund Balance$-84,848$-32,386▲ $52,462
Total Liabilities and Net Assets / Fund Balance$2,887,507$2,076,816▼ $810,691

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,004,427$75,019$1,079,446
Other Assets Org$122--
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
-President
-Vice President
-CEO
-COO
-Member
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$84,026
Other Revenue
$-31,564
Change in Net Assets
$52,462

Audited Revenue Reconciliation

Revenue per Audited Statements
$52,462
Total Revenue per Audited Statements
$52,462
Total Revenue per Form 990
$52,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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$344,716
Due to Affilaties$1,134
Tenant Security 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 11A

“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 provded 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 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
11-3440887
Phone
7186472800

Signing Officer

Name
Michelle Neugebauer
Title
CEO
Signed
2014-11-08
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Preparer
Tyrone Sellers
Phone
7183418770
Raw XML AppendixShowing 400 of 414 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/BOYAmt017666
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027080
IRS990/AccountsReceivableGrp/BOYAmt07446
IRS990/AccountsReceivableGrp/EOYAmt0257970
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Development of affordable housing for persons of low income in the neighborhood of Brooklyn, New York.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CYPRESS HOMES HDFC
IRS990/BooksInCareOfDetail/PhoneNum07186472800
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/BOYAmt024413
IRS990/CashNonInterestBearingGrp/EOYAmt014371
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/CYInvestmentIncomeAmt084026
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt0-31564
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt052462
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt052462
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0ACQUIRE AND REHAB AFFORTABLE HOUSING, RENTAL OF ONE PROPERTY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7000.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8000.50
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine10SYLVIA STOVALL
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine11AMORY SANCHEZ
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine12CLARISSA GOMEZ
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine13HAROLD GREEN
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine14MELODYE HARVEY
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine15ALEXIS LUGO-SANCHEZ
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine16MIRIAN RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine17MICHELLE D NEUGEBAUER
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine18JEAN M REYNOLDS
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/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/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt084026
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01208260
IRS990/GrossReceiptsAmt01244385
IRS990/GrossRentsGrp/RealAmt036125
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt075019
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0219567
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01004427
IRS990/LandBldgEquipCostOrOtherBssAmt01079446
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01124234
IRS990/LessRentalExpensesGrp/RealAmt067689
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ACQUIRE AND DEVELOP ON A NON PROFIT BASIS RESIDENTIAL PROPERTIES FOR SALE TO PERSONS OF LOW INCOME
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02697852
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01736272
IRS990/NetAssetsOrFundBalancesBOYAmt0-84848
IRS990/NetAssetsOrFundBalancesEOYAmt0-32386
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt084026
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-31564
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02636081
IRS990/OtherAssetsTotalGrp/EOYAmt0796821
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt0256837
IRS990/OtherLiabilitiesGrp/EOYAmt0345850
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03227
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10Michelle Neugebauer
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-145752
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherRevenueAmt07714
IRS990/PYRevenuesLessExpensesAmt0-138038
IRS990/PYTotalRevenueAmt0-138038
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt052462
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-31564
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt036125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt046787
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt055924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt054946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0137129
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0330911
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0330911
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt036125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt055924
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt054946
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0137129
IRS990ScheduleA/Total509Grp/TotalAmt0330911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt036125
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046787
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt054946
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0137129
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0330911
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01004427
IRS990ScheduleD/BuildingsGrp/DepreciationAmt075019
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01079446
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1570
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2789995
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31134
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4122
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NHP HOMES CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NOMINEE PROPERTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5MORTGAGE ESCROW
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0344716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11134
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILATIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt052462
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01004427
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0796821
IRS990ScheduleD/TotalLiabilityAmt0345850
IRS990ScheduleD/TotalRevenuePerForm990Amt052462
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt052462
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 PROVDED 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 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/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10CYPRESS HILL LOCAL DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112683663
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0housing develop
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10625 JAMAICA AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode011208
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0344715
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt121335
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10Cypress Hills Local development Corp
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11Cypress Hills Local development Corp
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0e
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1j
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02887507
IRS990/TotalAssetsEOYAmt02076816
IRS990/TotalAssetsGrp/BOYAmt02887507
IRS990/TotalAssetsGrp/EOYAmt02076816
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02972355
IRS990/TotalLiabilitiesEOYAmt02109202
IRS990/TotalLiabilitiesGrp/BOYAmt02972355
IRS990/TotalLiabilitiesGrp/EOYAmt02109202
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-84848
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-32386
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt052462
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02887507
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02076816
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-84848
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-32386
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10625 Jamaica Avenue
IRS990/USAddress/City0Brooklyn
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode011208
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michelle Neugebauer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine10CYPRESS HOMES HDFC
ReturnHeader/Filer/BusinessNameControlTxt0CYPR
ReturnHeader/Filer/EIN0113440887
ReturnHeader/Filer/PhoneNum07186472800
ReturnHeader/Filer/USAddress/AddressLine10625 JAMAICA AVENUE
ReturnHeader/Filer/USAddress/City0BROOKLYN
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011208

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
$2,076,816
Liabilities
$2,109,202
Net assets
-$32,386
Revenue
$52,462
Expenses
$0
Net income
$52,462
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$1.26$0.48$0.12$0.16$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.80$1.24$0.44$0.12$0.15$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.82$1.22$0.41$0.10$0.17$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.85$1.18$0.33$0.10$0.19$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.85$1.09$0.25$0.10$0.17$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.66$1.84$0.18$0.11$0.15$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.72$1.86$0.14$0.07$0.00$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.72$1.80$0.08$0.02$0.00$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.75$1.81$0.06$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.76$1.82$0.06$0.01$0.00$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.80$1.85$0.05$0.01$0.00$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.08$2.11$0.03$0.05$0.00$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$2.97$0.08$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$2.30$0.05$0.00