Civic Intelligence

Victory One Housing Development Fund Corporation

990 • Fiscal year 2023 • EIN 11-3755386

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

98th percentile

3.41x

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

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

6.24x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Net Margin

42nd percentile

-12%

Higher net margin than 42% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Asset Growth

76th percentile

4.8%

Faster asset growth than 76% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

39%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$3,537,566

Up $162,253 (+4.8%) from 2022

Net Assets

Down

-$8,534,922

Down $222,874 (-2.7%) from 2022

Liabilities

Up

$12,072,488

Up $385,127 (+3.3%) from 2022

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin42nd percentile

Revenue

Up

$1,933,554

Up $542,911 (+39%) from 2022

Expenses

Up

$2,156,428

Up $95,013 (+4.6%) from 2022

Net Income

Up

-$222,874

Up $447,898 (+67%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th 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

2023

Assets$3,537,566
Liabilities$12,072,488
Net Assets-$8,534,922
Open 2023 Filing

Operations Trend

Revenue Growth89th 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

2023

Revenue$1,933,554
Expenses$2,156,428
Net Income-$222,874
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$1,933,554
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$2,242,707$1,823,941▼ $418,766
Accounts Receivable$39,475$597,686▲ $558,211
Cash and Non-Interest-Bearing Accounts$5,240$106,142▲ $100,902
Prepaid Expenses and Deferred Charges$30,390$35,395▲ $5,005
Total Assets$3,375,313$3,537,566▲ $162,253
Other Assets Total$1,057,501$974,402▼ $83,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,829,200$10,829,200→ $0
Accounts Payable and Accrued Expenses$766,199$1,126,131▲ $359,932
Other Liabilities$78,682$78,192▼ $490
Deferred Revenue$13,280$38,965▲ $25,685
Total Liabilities$11,687,361$12,072,488▲ $385,127
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-8,312,048$-8,534,922▼ $222,874
Total Net Assets Fund Balance$-8,312,048$-8,534,922▼ $222,874
Total Liabilities and Net Assets / Fund Balance$3,375,313$3,537,566▲ $162,253

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,772,296$9,723,150$11,495,446
Equipment-$68,951$68,951
Other Land Buildings$18,831$47,619$66,450
Land$32,814-$32,814
Other Assets Org$11,090--
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Rev Keith William RobersonChairperson
Malcolm a PunterPresident/ce
Rev Nigel Pearce1st Vice CHA
George H Weldon Jr2nd Vice CHA
Rev Shepherd Lee Sr3rd Vice CHA
Rev John L ScottAssist. Secr
Debra Washington MbaAssistant Tr
Imam Talib Abdur RashidCorporate Se
Deacon Rodney a BeckfordMember
Rev Dr Gail F BadgerMember
Rev Dr Kimberly Holmes EsqMember
Rev Dr Loren J RussellMember
Rev Gregory a Merriweather JrMember
Rev Wendy J Kelly-carterMember
Virginia M MontagueMember
Rev Eva G DuzantTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Prime Protective BureauSecurity Svce1600 MADISON AVENUE, New York, NY 10029$260,683
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,898,423
Investment Income
$35,131
Other Revenue
$0
Change in Net Assets
$-222,874

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,933,554
Total Revenue per Audited Statements
$1,933,554
Total Revenue per Form 990
$1,933,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,825,907
Salaries, Compensation, and Employee Benefits$330,521
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$425,335--$425,335
Depreciation Depletion$418,766--$418,766
Other Salaries and Wages$167,676$78,232-$245,908
Insurance$188,124--$188,124
Fees for Services Management$17,723$78,540-$96,263
Other Employee Benefits$38,811$18,108-$56,919
Other Expenses$46,475--$46,475
All Other Expenses$40,993--$40,993
Fees for Services Accounting-$40,518-$40,518
Office Expenses-$33,758-$33,758
Payroll Taxes$18,884$8,810-$27,694
Fees for Services Legal$16,205--$16,205
Total Functional Expenses$1,898,462$257,966$0$2,156,428

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,156,428
Total Expenses per Audited Statements$2,156,428
Total Expenses per Form 990$2,156,428
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$31,760
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 a Punter
Title
President/CEO
Phone
2122814887
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malcolm a Punter
Formed
1994
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
4

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
586 ROUTE 304, NEW CITY, NY 10956
Preparer
Luis C Rivera
Phone
8456383113
Raw XML AppendixShowing 400 of 475 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/BOYAmt0766199
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01126131
IRS990/AccountsReceivableGrp/BOYAmt039475
IRS990/AccountsReceivableGrp/EOYAmt0597686
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt040993
IRS990/AllOtherExpensesGrp/TotalAmt040993
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0PRESTIGE MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum07188227377
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01776 EASTCHESTER ROAD STE 210
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010461
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05240
IRS990/CashNonInterestBearingGrp/EOYAmt0106142
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0260683
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01600 MADISON AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010029
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PRIME PROTECTIVE BUREAU
IRS990/ContractorCompensationGrp/ServicesDesc0SECURITY SVCE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt035131
IRS990/CYOtherExpensesAmt01825907
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01898423
IRS990/CYRevenuesLessExpensesAmt0-222874
IRS990/CYSalariesCompEmpBnftPaidAmt0330521
IRS990/CYTotalExpensesAmt02156428
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01933554
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt013280
IRS990/DeferredRevenueGrp/EOYAmt038965
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0418766
IRS990/DepreciationDepletionGrp/TotalAmt0418766
IRS990/Desc0THE PROJECT PROVIDES HOUSING FOR LOW-INCOME ELDERLY IN A 110 UNIT APARTMENT BUILDING LOCATED IN NEW YORK.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01898462
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt040518
IRS990/FeesForServicesAccountingGrp/TotalAmt040518
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt016205
IRS990/FeesForServicesLegalGrp/TotalAmt016205
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt078540
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt017723
IRS990/FeesForServicesManagementGrp/TotalAmt096263
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0REV DR GAIL F BADGER
IRS990/Form990PartVIISectionAGrp/PersonNm1DEACON RODNEY A BECKFORD
IRS990/Form990PartVIISectionAGrp/PersonNm2REV EVA G DUZANT
IRS990/Form990PartVIISectionAGrp/PersonNm3REV DR KIMBERLY HOLMES ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE H WELDON JR
IRS990/Form990PartVIISectionAGrp/PersonNm5REV GREGORY A MERRIWEATHER JR
IRS990/Form990PartVIISectionAGrp/PersonNm6REV WENDY J KELLY-CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm7DEBRA WASHINGTON MBA
IRS990/Form990PartVIISectionAGrp/PersonNm8VIRGINIA M MONTAGUE
IRS990/Form990PartVIISectionAGrp/PersonNm9REV NIGEL PEARCE
IRS990/Form990PartVIISectionAGrp/PersonNm10MALCOLM A PUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm11IMAM TALIB ABDUR RASHID
IRS990/Form990PartVIISectionAGrp/PersonNm12REV KEITH WILLIAM ROBERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13REV DR LOREN J RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm14REV JOHN L SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm15REV SHEPHERD LEE SR
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt42ND VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSISTANT TR
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt91ST VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt11CORPORATE SE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSIST. SECR
IRS990/Form990PartVIISectionAGrp/TitleTxt153RD VICE CHA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01933554
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0188124
IRS990/InsuranceGrp/TotalAmt0188124
IRS990/InvestmentIncomeGrp/ExclusionAmt035131
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035131
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09839720
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02242707
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01823941
IRS990/LandBldgEquipCostOrOtherBssAmt011663661
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010829200
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010829200
IRS990/NetAssetsOrFundBalancesBOYAmt0-8312048
IRS990/NetAssetsOrFundBalancesEOYAmt0-8534922
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-8312048
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-8534922
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0425335
IRS990/OccupancyGrp/TotalAmt0425335
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt033758
IRS990/OfficeExpensesGrp/TotalAmt033758
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01057501
IRS990/OtherAssetsTotalGrp/EOYAmt0974402
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018108
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038811
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056919
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SOCIAL SVCS COORDINATOR
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0260683
IRS990/OtherExpensesGrp/ProgramServicesAmt1203787
IRS990/OtherExpensesGrp/ProgramServicesAmt255000
IRS990/OtherExpensesGrp/ProgramServicesAmt346475
IRS990/OtherExpensesGrp/TotalAmt0260683
IRS990/OtherExpensesGrp/TotalAmt1203787
IRS990/OtherExpensesGrp/TotalAmt255000
IRS990/OtherExpensesGrp/TotalAmt346475
IRS990/OtherLiabilitiesGrp/BOYAmt078682
IRS990/OtherLiabilitiesGrp/EOYAmt078192
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078232
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0167676
IRS990/OtherSalariesAndWagesGrp/TotalAmt0245908
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08810
IRS990/PayrollTaxesGrp/ProgramServicesAmt018884
IRS990/PayrollTaxesGrp/TotalAmt027694
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030390
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035395
IRS990/PrincipalOfficerNm0MALCOLM A PUNTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OTHER TENANT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01897769
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1654
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01897769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1654
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010004
IRS990/PYOtherExpensesAmt01761324
IRS990/PYOtherRevenueAmt01715
IRS990/PYProgramServiceRevenueAmt01378924
IRS990/PYRevenuesLessExpensesAmt0-670772
IRS990/PYSalariesCompEmpBnftPaidAmt0300091
IRS990/PYTotalExpensesAmt02061415
IRS990/PYTotalRevenueAmt01390643
IRS990/ReconcilationRevenueExpnssAmt0-222874
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt037077
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt037077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt035131
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0225
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02492
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016169
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt064021
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01898423
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01378924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01376100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01301444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01205861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07160752
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01715
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02935
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt014384
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt08334
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt027368
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt035131
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0225
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02492
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt064021
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99120
IRS990ScheduleA/PublicSupportPY509Pct00.99450
IRS990ScheduleA/PublicSupportTotal509Amt07225197
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01898423
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01380639
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01416112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01315828
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01214195
IRS990ScheduleA/Total509Grp/TotalAmt07225197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01933554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01390643
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01416337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01318320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01230364
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07289218
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01772296
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09723150
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011495446
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068951
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068951
IRS990ScheduleD/ExpensesSubtotalAmt02156428
IRS990ScheduleD/LandGrp/BookValueAmt032814
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032814
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0613451
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1187700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2130401
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt331760
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt411090
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4UTILITY AND PAYROLL DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018831
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047619
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt066450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt131760
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01933554
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01823941
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0974402
IRS990ScheduleD/TotalExpensesPerForm990Amt02156428
IRS990ScheduleD/TotalLiabilityAmt078192
IRS990ScheduleD/TotalRevenuePerForm990Amt01933554
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01933554
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02156428
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,537,566
Liabilities
$12,072,488
Net assets
-$8,534,922
Revenue
$1,933,554
Expenses
$2,156,428
Net income
-$222,874
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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits