Laurel Homes Housing Development Fund Corporation

990EZ • Fiscal year 2017 • EIN 11-3463946

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

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.

3300.89x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

246.52x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

100%

Higher net margin than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.0%

Faster asset growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-96%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets100th percentile

Assets

Flat

$100

Flat from 2016

Net Assets

Down

-$329,989

Down $306,101 (-1281%) from 2016

Liabilities

$330,089

Up $306,101 (+1276%) from 2016

Revenue And Expenses

Liabilities / Revenue100th percentile Net Margin100th percentile

Revenue

Down

$1,339

Down $32,721 (-96%) from 2016

Expenses

Flat

Flat from 2016

Net Income

Down

$1,339

Down $32,721 (-96%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

Highlighted filing

2017

Assets$100

Liabilities$330,089

Net Assets-$329,989

Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

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

Highlighted filing

2017

Revenue$1,339

Expenses$0

Net Income$1,339

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: May 14, 2018
Return Version: 2017v2.2
Gross Receipts: $1,339

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 Pay76th 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: 2018-05-14
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: 1,339.”

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

“Description: depreciation not deducted on tax return from laurel homes, lp. Amount: -125,030. Description: distributions. Amount: -175,863. Description: unearned/deferred income. Amount: -1,017. Description: net rental real estate loss. Amount: -5,530. Total to form 990-ez, line 20: -307,440.”

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.”

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

“Description: excess losses - laurel homes, lp. Beg. Of year amount: 23,988. End of year amount: 330,089.”

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
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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	1339
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	100
IRS990EZ/GrossReceiptsAmt	0	1339
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	1339
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-23888
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-329989
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-23888
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-329989
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	100
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	100
IRS990EZ/OtherChangesInNetAssetsAmt	0	-307440
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	0
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	23988
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	330089
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	1339
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	175863
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	NORTH HEMPSTEAD HOUSING CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType1Ind	0	X
IRS990ScheduleA/SupportSumAmt	0	175863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST INCOME FROM LAUREL HOMES, LP. AMOUNT: 1,339.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: DEPRECIATION NOT DEDUCTED ON TAX RETURN FROM LAUREL HOMES, LP. AMOUNT: -125,030. DESCRIPTION: DISTRIBUTIONS. AMOUNT: -175,863. DESCRIPTION: UNEARNED/DEFERRED INCOME. AMOUNT: -1,017. DESCRIPTION: NET RENTAL REAL ESTATE LOSS. AMOUNT: -5,530. TOTAL TO FORM 990-EZ, LINE 20: -307,440.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: OTHER NOTES AND LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 100. END OF YEAR AMOUNT: 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: EXCESS LOSSES - LAUREL HOMES, LP. BEG. OF YEAR AMOUNT: 23,988. END OF YEAR AMOUNT: 330,089.
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	2018-06-14 16:35:46Z
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	2018-05-14
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	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	DB692EFB857F7D2BEFA906EDEBBBCAC958B0740D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	50.202.92.18
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	12:49:39
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	2018-05-15T10:14:14-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $100
Liabilities: $330,089
Net assets: -$329,989
Revenue: $1,339
Expenses: $0
Net income: $1,339

	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
2017Detailed filing. Detailed filing data is available for this year.	$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