Civic Intelligence

Laurel Homes Housing Development Fund Corporation

990EZ • Fiscal year 2018 • EIN 11-3463946

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 14, 2020

Organization ProfileN/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.

Liabilities / Assets

100th percentile

6317.15x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

32.73x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

47th percentile

0.0%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

1341%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets100th percentile

Assets

Flat

$100

Flat from 2017

Net Assets

Down

-$631,615

Down $301,626 (-91%) from 2017

Liabilities

Up

$631,715

Up $301,626 (+91%) from 2017

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin100th percentile

Revenue

Up

$19,301

Up $17,962 (+1341%) from 2017

Expenses

Flat

$0

Flat from 2017

Net Income

Up

$19,301

Up $17,962 (+1341%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2010: $100Liabilities 2010: $29,740Net Assets 2010: -$29,6402010Assets 2011: $100Liabilities 2011: $31,129Net Assets 2011: -$31,0292011Assets 2012: $100Liabilities 2012: $33,776Net Assets 2012: -$33,6762012Assets 2013: $100Liabilities 2013: $35,639Net Assets 2013: -$35,5392013Assets 2014: $103Liabilities 2014: $35,781Net Assets 2014: -$35,6782014Assets 2015: $225,307Liabilities 2015: $962Net Assets 2015: $224,3452015Assets 2016: $100Liabilities 2016: $23,988Net Assets 2016: -$23,8882016Assets 2017: $100Liabilities 2017: $330,089Net Assets 2017: -$329,9892017Assets 2018: $100Liabilities 2018: $631,715Net Assets 2018: -$631,6152018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$100
Liabilities$631,715
Net Assets-$631,615
Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $11Expenses 2010: $2,765Net Income 2010: -$2,7542010Revenue 2011: $11Expenses 2011: $2,341Net Income 2011: -$2,3302011Revenue 2012: $11Expenses 2012: $2,780Net Income 2012: -$2,7692012Revenue 2013: $6Expenses 2013: $1,819Net Income 2013: -$1,8132013Revenue 2014: $5Expenses 2014: $147Net Income 2014: -$1422014Revenue 2015: $78,662Expenses 2015: $0Net Income 2015: $78,6622015Revenue 2016: $34,060Expenses 2016: $0Net Income 2016: $34,0602016Revenue 2017: $1,339Expenses 2017: $0Net Income 2017: $1,3392017Revenue 2018: $19,301Expenses 2018: $0Net Income 2018: $19,3012018Revenue 2019: $2,580,315Expenses 2019: $0Net Income 2019: $2,580,3152019

Highlighted filing

2018

Revenue$19,301
Expenses$0
Net Income$19,301
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 14, 2020
Return Version
2018v3.1
Gross Receipts
$19,301
Mission and Program Overview

Mission

To provide low income housing to those in need.

To provide low income and affordable housing to qualified individuals.

Program Services

DescriptionGrantsExpenses
TO PROVIDE LOW INCOME AND AFFORDABLE HOUSING TO QUALIFIED INDIVIDUALS.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETTY SEGALPresident-$0--
BARBARA BLUMBERGDirector-$0--
FRED L POLLACKDirector-$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
Betty Segal
Title
President
Signed
2020-04-14
Discuss with paid preparer
Yes

Preparer

Firm
Polcari & Co CPAs
Address
2035 Hamburg Turnpike Unit H, Wayne, NJ 07470
Preparer
Michael a Maurice CPA
Phone
9738316969
Supplemental Narrative

Additional Explanations

Other Assets.1

“OTHER NOTES AND LOANS RECEIVABLE - Beginning $100 OTHER NOTES AND LOANS RECEIVABLE - Ending $100”

Total Liabilities.1

“EXCESS LOSSES, LAUREL HOMES LP - Beginning $330089 EXCESS LOSSES, LAUREL HOMES LP - Ending $631715”

Raw XML Appendix133 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THE ORGANIZATON
IRS990EZ/BooksInCareOfDetail/PhoneNum05166278433
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0POND HILL ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREAT NECK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011020
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019301
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0100
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt019301
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt019301
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-329989
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-631615
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-329989
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-631615
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BETTY SEGAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BARBARA BLUMBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2FRED L POLLACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0100
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0100
IRS990EZ/OtherChangesInNetAssetsAmt0-320927
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE LOW INCOME AND AFFORDABLE HOUSING TO QUALIFIED INDIVIDUALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE LOW INCOME AND AFFORDABLE HOUSING TO QUALIFIED INDIVIDUALS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0330089
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0631715
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalRevenueAmt019301
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0113434084
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NORTH HEMPSTEAD HOUSING CORP
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER NOTES AND LOANS RECEIVABLE - Beginning $100 OTHER NOTES AND LOANS RECEIVABLE - Ending $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXCESS LOSSES, LAUREL HOMES LP - Beginning $330089 EXCESS LOSSES, LAUREL HOMES LP - Ending $631715
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BETTY SEGAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREL HOMES HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0113463946
ReturnHeader/Filer/PhoneNum05166278433
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O JOBCO INC 277 NORTHERN BLVD
ReturnHeader/Filer/USAddress/CityNm0GREAT NECK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011021
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222639635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Polcari & Co CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02035 Hamburg Turnpike Unit H
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wayne
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007470
ReturnHeader/PreparerPersonGrp/PhoneNum09738316969
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A MAURICE CPA
ReturnHeader/ReturnTs02020-04-14T13:41:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$100
Liabilities
$631,715
Net assets
-$631,615
Revenue
$19,301
Expenses
$0
Net income
$19,301
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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
2018Detailed filing. Detailed filing data is available for this year.$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