Civic Intelligence

Victory One Housing Development Fund Corporation

990 • Fiscal year 2020 • EIN 11-3755386

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWWW.HCCI.ORG
256 West 153rd StreetNew York, NY 10039

(212) 281-4887

Siviq Scores

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

Liabilities / Assets

97th percentile

2.54x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

8.81x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

18th percentile

-36%

Higher net margin than 18% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

16th percentile

-5.0%

Faster asset growth than 16% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-50%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$4,566,527

Down $242,021 (-5.0%) from 2019

Net Assets

Down

-$7,047,866

Down $468,175 (-7.1%) from 2019

Liabilities

Up

$11,614,393

Up $226,154 (+2.0%) from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin18th percentile

Revenue

Down

$1,318,320

Down $1,315,975 (-50%) from 2019

Expenses

Down

$1,786,495

Down $441,271 (-20%) from 2019

Net Income

Down

-$468,175

Down $874,704 (-215%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$20M$10M$0-$10MAssets 2010: $7,135,976Liabilities 2010: $10,985,359Net Assets 2010: -$3,849,3832010Assets 2011: $6,866,736Liabilities 2011: $10,981,103Net Assets 2011: -$4,114,3672011Assets 2012: $6,602,048Liabilities 2012: $11,030,521Net Assets 2012: -$4,428,4732012Assets 2013: $6,404,451Liabilities 2013: $11,134,438Net Assets 2013: -$4,729,9872013Assets 2014: $6,049,184Liabilities 2014: $11,123,490Net Assets 2014: -$5,074,3062014Assets 2015: $5,649,839Liabilities 2015: $11,228,085Net Assets 2015: -$5,578,2462015Assets 2016: $5,466,896Liabilities 2016: $11,533,371Net Assets 2016: -$6,066,4752016Assets 2017: $4,908,887Liabilities 2017: $11,380,492Net Assets 2017: -$6,471,6052017Assets 2018: $4,635,193Liabilities 2018: $11,621,413Net Assets 2018: -$6,986,2202018Assets 2019: $4,808,548Liabilities 2019: $11,388,239Net Assets 2019: -$6,579,6912019Assets 2020: $4,566,527Liabilities 2020: $11,614,393Net Assets 2020: -$7,047,8662020Assets 2021: $3,857,673Liabilities 2021: $11,498,949Net Assets 2021: -$7,641,2762021Assets 2022: $3,375,313Liabilities 2022: $11,687,361Net Assets 2022: -$8,312,0482022Assets 2023: $3,537,566Liabilities 2023: $12,072,488Net Assets 2023: -$8,534,9222023Assets 2024: $3,151,404Liabilities 2024: $11,516,427Net Assets 2024: -$8,365,0232024

Highlighted filing

2020

Assets$4,566,527
Liabilities$11,614,393
Net Assets-$7,047,866
Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,210,061Expenses 2010: $1,415,192Net Income 2010: -$205,1312010Revenue 2011: $1,200,807Expenses 2011: $1,465,791Net Income 2011: -$264,9842011Revenue 2012: $1,218,620Expenses 2012: $1,532,726Net Income 2012: -$314,1062012Revenue 2013: $1,210,296Expenses 2013: $1,511,810Net Income 2013: -$301,5142013Revenue 2014: $1,209,519Expenses 2014: $1,553,838Net Income 2014: -$344,3192014Revenue 2015: $1,193,066Expenses 2015: $1,697,006Net Income 2015: -$503,9402015Revenue 2016: $1,197,829Expenses 2016: $1,686,058Net Income 2016: -$488,2292016Revenue 2017: $1,197,985Expenses 2017: $1,603,115Net Income 2017: -$405,1302017Revenue 2018: $1,202,656Expenses 2018: $1,717,271Net Income 2018: -$514,6152018Revenue 2019: $2,634,295Expenses 2019: $2,227,766Net Income 2019: $406,5292019Revenue 2020: $1,318,320Expenses 2020: $1,786,495Net Income 2020: -$468,1752020Revenue 2021: $1,416,337Expenses 2021: $2,009,747Net Income 2021: -$593,4102021Revenue 2022: $1,390,643Expenses 2022: $2,061,415Net Income 2022: -$670,7722022Revenue 2023: $1,933,554Expenses 2023: $2,156,428Net Income 2023: -$222,8742023Revenue 2024: $2,365,632Expenses 2024: $2,195,733Net Income 2024: $169,8992024

Highlighted filing

2020

Revenue$1,318,320
Expenses$1,786,495
Net Income-$468,175
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$1,318,320
Mission and Program Overview

Mission

Provide housing for the elderly under section 202 of the national housing act and regulated by the us dept. Of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,479,530$3,235,272▼ $244,258
Cash and Non-Interest-Bearing Accounts$27,248$130,945▲ $103,697
Prepaid Expenses and Deferred Charges$19,536$52,277▲ $32,741
Accounts Receivable$31,384$28,664▼ $2,720
Total Assets$4,808,548$4,566,527▼ $242,021
Other Assets Total$1,250,850$1,119,369▼ $131,481
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,829,200$10,829,200→ $0
Accounts Payable and Accrued Expenses$451,853$694,489▲ $242,636
Other Liabilities$78,099$78,863▲ $764
Deferred Revenue$29,087$11,841▼ $17,246
Total Liabilities$11,388,239$11,614,393▲ $226,154
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-6,579,691$-7,047,866▼ $468,175
Total Net Assets Fund Balance$-6,579,691$-7,047,866▼ $468,175
Total Liabilities and Net Assets / Fund Balance$4,808,548$4,566,527▼ $242,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,201,058$8,469,087$11,670,145
Equipment$47,273$67,551$114,824
Land$32,814-$32,814
Other Land Buildings$-45,873$45,873-
Other Assets Org$10,000--
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Joan O Dawson PhdBoard Chair
Malcolm PunterPresident/ce
Rev Keith William Roberson1st Vice CHA
George H Weldon Jr2nd Vice CHA
Rev John L ScottAssist. Secr
Iam Talib Abdur RashidCorporate Se
Rev Dr Loren J RussellMember
Rev Gregory a Merriweather JrMember
Rev Nigel PearceMember
Rev Shepherd Lee SrMember
Rev Wendy J Kelly-carterMember
Virginia M MontagueMember
Rev Eva G DuzantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,301,444
Investment Income
$2,492
Other Revenue
$14,384
Change in Net Assets
$-468,175

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,318,320
Total Revenue per Audited Statements
$1,318,320
Total Revenue per Form 990
$1,318,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,476,775
Salaries, Compensation, and Employee Benefits$309,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$418,957--$418,957
Occupancy$327,469--$327,469
Other Salaries and Wages$152,429$78,077-$230,506
Insurance$126,897$3,766-$130,663
Fees for Services Management$3,613$78,540-$82,153
Other Employee Benefits$40,772$22,592-$63,364
Other Expenses$38,290--$38,290
Fees for Services Accounting-$35,779-$35,779
Office Expenses-$23,349-$23,349
Payroll Taxes$9,877$5,973-$15,850
All Other Expenses$10,908--$10,908
Fees for Services Legal$3,555--$3,555
Total Functional Expenses$1,538,419$248,076$0$1,786,495

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,786,495
Total Expenses per Audited Statements$1,786,495
Total Expenses per Form 990$1,786,495
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
Due to Sponsor$46,432
Tenant Security Deposits$32,431
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“Victory one hdfc has its form 990 prepared by an outside accounting firm and has established the following review process to ensure the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent ot the board for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

Form 990, Page 6, Part VI, Line 12C

“Members are required to complete compliance agreement and submit annually”

Form 990, Page 6, Part VI, Line 15A

“Survey of comparability data”

Form 990, Page 6, Part VI, Line 15B

“Survey of comparability data”

Form 990, Page 6, Part VI, Line 19

“X”

Filing and Contact Details

Filer

Filer Name
Victory One Housing Development
EIN
11-3755386
Phone
2122814887
Address
256 WEST 153RD STREET, NEW YORK, NY 10039

Signing Officer

Name
Malcolm Punter
Title
President/CEO
Phone
2122814887
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malcolm Punter
Formed
1994
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
5

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
586 ROUTE 304, NEW CITY, NY 10956
Preparer
Luis C Rivera
Phone
8456383113
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023349
IRS990/OfficeExpensesGrp/TotalAmt023349
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01250850
IRS990/OtherAssetsTotalGrp/EOYAmt01119369
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022592
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040772
IRS990/OtherEmployeeBenefitsGrp/TotalAmt063364
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SOCIAL SVCS COORDINATOR
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0210873
IRS990/OtherExpensesGrp/ProgramServicesAmt1143542
IRS990/OtherExpensesGrp/ProgramServicesAmt251237
IRS990/OtherExpensesGrp/ProgramServicesAmt338290
IRS990/OtherExpensesGrp/TotalAmt0210873
IRS990/OtherExpensesGrp/TotalAmt1143542
IRS990/OtherExpensesGrp/TotalAmt251237
IRS990/OtherExpensesGrp/TotalAmt338290
IRS990/OtherLiabilitiesGrp/BOYAmt078099
IRS990/OtherLiabilitiesGrp/EOYAmt078863
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY AND VENDING INCOME
IRS990/OtherRevenueMiscGrp/Desc2NSF AND LATE CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt011000
IRS990/OtherRevenueMiscGrp/ExclusionAmt13264
IRS990/OtherRevenueMiscGrp/ExclusionAmt2120
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13264
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2120
IRS990/OtherRevenueTotalAmt014384
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078077
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0152429
IRS990/OtherSalariesAndWagesGrp/TotalAmt0230506
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05973
IRS990/PayrollTaxesGrp/ProgramServicesAmt09877
IRS990/PayrollTaxesGrp/TotalAmt015850
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019536
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052277
IRS990/PrincipalOfficerNm0MALCOLM PUNTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01301444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01301444
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01420100
IRS990/PYOtherExpensesAmt01889845
IRS990/PYOtherRevenueAmt08334
IRS990/PYProgramServiceRevenueAmt01205861
IRS990/PYRevenuesLessExpensesAmt0406529
IRS990/PYSalariesCompEmpBnftPaidAmt0337921
IRS990/PYTotalExpensesAmt02227766
IRS990/PYTotalRevenueAmt02634295
IRS990/ReconcilationRevenueExpnssAmt0-468175
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02492
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016169
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06969
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02265
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0842
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028737
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01301444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01205861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01192418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01192877
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01194016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06086616
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt014384
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt08334
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt03269
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt02843
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt02971
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt031801
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02492
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0842
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028737
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99530
IRS990ScheduleA/PublicSupportPY509Pct00.99550
IRS990ScheduleA/PublicSupportTotal509Amt06118417
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01315828
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01214195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01195687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01195720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01196987
IRS990ScheduleA/Total509Grp/TotalAmt06118417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01318320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01230364
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01202656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01197985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01197829
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06147154
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03201058
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08469087
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011670145
IRS990ScheduleD/EquipmentGrp/BookValueAmt047273
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067551
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0114824
IRS990ScheduleD/ExpensesSubtotalAmt01786495
IRS990ScheduleD/LandGrp/BookValueAmt032814
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032814
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0951120
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1125818
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt232431
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PAYROLL DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-45873
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt132431
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01318320
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03235272
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01119369
IRS990ScheduleD/TotalExpensesPerForm990Amt01786495
IRS990ScheduleD/TotalLiabilityAmt078863
IRS990ScheduleD/TotalRevenuePerForm990Amt01318320
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01318320
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01786495
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VICTORY ONE HDFC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT OT THE BOARD FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE REQUIRED TO COMPLETE COMPLIANCE AGREEMENT AND SUBMIT ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SURVEY OF COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SURVEY OF COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04808548
IRS990/TotalAssetsEOYAmt04566527
IRS990/TotalAssetsGrp/BOYAmt04808548
IRS990/TotalAssetsGrp/EOYAmt04566527
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0248076
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01538419
IRS990/TotalFunctionalExpensesGrp/TotalAmt01786495
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011388239
IRS990/TotalLiabilitiesEOYAmt011614393
IRS990/TotalLiabilitiesGrp/BOYAmt011388239

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,566,527
Liabilities
$11,614,393
Net assets
-$7,047,866
Revenue
$1,318,320
Expenses
$1,786,495
Net income
-$468,175
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.15$11.5$8.37$2.37$2.20$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.54$12.1$8.53$1.93$2.16$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$11.7$8.31$1.39$2.06$0.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$11.5$7.64$1.42$2.01$0.59
2020Detailed filing. Detailed filing data is available for this year.$4.57$11.6$7.05$1.32$1.79$0.47
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$11.4$6.58$2.63$2.23$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.64$11.6$6.99$1.20$1.72$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.91$11.4$6.47$1.20$1.60$0.41
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$11.5$6.07$1.20$1.69$0.49
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.65$11.2$5.58$1.19$1.70$0.50
2014Summary only. Only limited summary data is available for this year.$6.05$11.1$5.07$1.21$1.55$0.34
2013Summary only. Only limited summary data is available for this year.$6.40$11.1$4.73$1.21$1.51$0.30
2012Summary only. Only limited summary data is available for this year.$6.60$11.0$4.43$1.22$1.53$0.31
2011Summary only. Only limited summary data is available for this year.$6.87$11.0$4.11$1.20$1.47$0.26
2010Summary only. Only limited summary data is available for this year.$7.14$11.0$3.85$1.21$1.42$0.21