Laurel Homes Housing Development Fund Corporation

990EZ • Fiscal year 2016 • EIN 11-3463946

Jan 01, 2016 to Dec 31, 2016 • Filed on May 01, 2017

Organization Profile N/A

C/O Jobco Inc 277 Northern BlvdGreat Neck, NY 11021

(516) 627-8433

Siviq Scores

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

239.88x

Higher debt load relative to assets than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.70x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

100%

Higher net margin than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-100%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

-57%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets100th percentile

Assets

Down

$100

Down $225,207 (-100%) from 2015

Net Assets

Down

-$23,888

Down $248,233 (-111%) from 2015

Liabilities

$23,988

Up $23,026 (+2394%) from 2015

Revenue And Expenses

Liabilities / Revenue94th percentile Net Margin100th percentile

Revenue

Down

$34,060

Down $44,602 (-57%) from 2015

Expenses

Flat

Flat from 2015

Net Income

Down

$34,060

Down $44,602 (-57%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

Highlighted filing

2016

Assets$100

Liabilities$23,988

Net Assets-$23,888

Open 2016 Filing

Operations Trend

Revenue Growth8th percentile

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

Highlighted filing

2016

Revenue$34,060

Expenses$0

Net Income$34,060

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: May 1, 2017
Return Version: 2016v3.0
Gross Receipts: $34,060

Mission and Program Overview

Mission

To provide low income housing to those in need.

Program Services

Description	Grants	Expenses
TO PROVIDE LOW INCOME HOUSING TO THOSE IN NEED.	$0	$0

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
BETTE SEGAL	President	-	$0	-	-
BARBARA BLUMBERG	Director	-	$0	-	-
FRED L POLLACK	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Laurel Homes Housing Development Fund
EIN: 11-3463946
Phone: 5166278433
Address: C/O JOBCO INC 277 NORTHERN BLVD, GREAT NECK, NY 11021

Signing Officer

Name: Bette Segal
Title: President
Phone: 5166278433
Signed: 2017-05-01
Discuss with paid preparer: Yes

Preparer

Firm: Wiss & Company Llp
Address: 354 EISENHOWER PARKWAY, LIVINGSTON, NJ 07039
Preparer: Diana Miller
Phone: 9739949400

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income from laurel homes, lp. Amount: 614.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: depreciation not deducted on tax return from laurel homes, lp. Amount: -123,631. Description: distributions. Amount: -158,662. Total to form 990-ez, line 20: -282,293.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other notes and loans receivable. Beg. Of year amount: 100. End of year amount: 100. Description: laurel homes, lp. Beg. Of year amount: 225,207. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable and accrued expenses. Beg. Of year amount: 962. End of year amount: 0. Description: excess losses - laurel homes, lp. Beg. Of year amount: 0. End of year amount: 23,988.”

Raw XML Appendix155 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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5166278433
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	POND HILL ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	GREAT NECK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	11020
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	34060
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	225307
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	100
IRS990EZ/GrossReceiptsAmt	0	34060
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	614
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	224345
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-23888
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	224345
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-23888
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	BETTE SEGAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	BARBARA BLUMBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	FRED L POLLACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	225307
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	100
IRS990EZ/OtherChangesInNetAssetsAmt	0	-282293
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROVIDE LOW INCOME HOUSING TO THOSE IN NEED.
IRS990EZ/ProgramServiceRevenueAmt	0	33446
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO PROVIDE LOW INCOME HOUSING TO THOSE IN NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	962
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	23988
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalRevenueAmt	0	34060
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd	0	1
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd	0	1
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd	0	0
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd	0	1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	THE NORTH HEMPSTEAD HOUSING CORPORATION IS A NEW YORK NONPROFIT CORPORATION WHICH WAS ESTABLISHED IN 1998.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	PART IV, SECTION A, LINE 2:
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/SupportedOrganizationsCnt	0	1
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	113434084
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd	0	7
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	158662
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	NORTH HEMPSTEAD HOUSING CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType1Ind	0	X
IRS990ScheduleA/SupportSumAmt	0	158662
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST INCOME FROM LAUREL HOMES, LP. AMOUNT: 614.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: DEPRECIATION NOT DEDUCTED ON TAX RETURN FROM LAUREL HOMES, LP. AMOUNT: -123,631. DESCRIPTION: DISTRIBUTIONS. AMOUNT: -158,662. TOTAL TO FORM 990-EZ, LINE 20: -282,293.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: OTHER NOTES AND LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 100. END OF YEAR AMOUNT: 100. DESCRIPTION: LAUREL HOMES, LP. BEG. OF YEAR AMOUNT: 225,207. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 962. END OF YEAR AMOUNT: 0. DESCRIPTION: EXCESS LOSSES - LAUREL HOMES, LP. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 23,988.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	BETTE SEGAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5166278433
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LAUREL HOMES HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt	0	LAUR
ReturnHeader/Filer/EIN	0	113463946
ReturnHeader/Filer/PhoneNum	0	5166278433
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	C/O JOBCO INC 277 NORTHERN BLVD
ReturnHeader/Filer/USAddress/CityNm	0	GREAT NECK
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	11021
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	63103FBE2B5561C52718C8FC2831A2268544F8BC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	1AC0F1CF16F85B2A9788035964AE1B571AACB8CB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	50.202.92.18
ReturnHeader/FilingSecurityInformation/IPDt	0	2017-05-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	14:07:54
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	221732349
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	WISS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	354 EISENHOWER PARKWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LIVINGSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	07039
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9739949400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DIANA MILLER
ReturnHeader/ReturnTs	0	2017-05-15T09:24:01-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $100
Liabilities: $23,988
Net assets: -$23,888
Revenue: $34,060
Expenses: $0
Net income: $34,060

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00	$0.00	$0.00	$2.58	$0.00	$2.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00	$0.63	$0.63	$0.02	$0.00	$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00	$0.33	$0.33	$0.00	$0.00	$0.00
2016Detailed filing. Detailed filing data is available for this year.	$0.00	$0.02	$0.02	$0.03	$0.00	$0.03
2015Detailed filing. Detailed filing data is available for this year.	$0.23	$0.00	$0.22	$0.08	$0.00	$0.08
2014Detailed filing. Detailed filing data is available for this year.	$0.00	$0.04	$0.04	$0.00	$0.00	$0.00
2013Detailed filing. Detailed filing data is available for this year.	$0.00	$0.04	$0.04	$0.00	$0.00	$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.00	$0.03	$0.03	$0.00	$0.00	$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.00	$0.03	$0.03	$0.00	$0.00	$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.00	$0.03	$0.03	$0.00	$0.00	$0.00