Civic Intelligence

Crotona Estates Housing Development Fund Company Inc.

990 • Fiscal year 2017 • EIN 13-2709826

May 01, 2016 to Apr 30, 2017 • Filed on Mar 15, 2018

Organization ProfileN/A
494 Eighth Avenue 19th FloorNew York, NY 10001

(212) 563-0310

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.87x

Higher debt load relative to assets than 63% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

5.33x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

31st percentile

$113,750

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Asset Growth

99th percentile

505%

Faster asset growth than 99% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

21%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$13,255,334

Up $11,064,246 (+505%) from 2016

Net Assets

Down

$1,675,127

Down $263,573 (-14%) from 2016

Liabilities

Up

$11,580,207

Up $11,327,819 (+4488%) from 2016

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin25th percentile

Revenue

Up

$2,171,017

Up $371,910 (+21%) from 2016

Expenses

Up

$2,434,592

Up $847,904 (+53%) from 2016

Net Income

Down

-$263,575

Down $475,994 (-224%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $1,795,219Liabilities 2014: $382,237Net Assets 2014: $1,412,9822014Assets 2016: $2,191,088Liabilities 2016: $252,388Net Assets 2016: $1,938,7002016Assets 2017: $13,255,334Liabilities 2017: $11,580,207Net Assets 2017: $1,675,1272017Assets 2018: $13,379,254Liabilities 2018: $12,173,633Net Assets 2018: $1,205,6212018Assets 2019: $11,469,963Liabilities 2019: $12,705,305Net Assets 2019: -$1,235,3422019Assets 2020: $8,821,976Liabilities 2020: $10,634,465Net Assets 2020: -$1,812,4892020Assets 2021: $8,635,806Liabilities 2021: $10,330,979Net Assets 2021: -$1,695,1732021Assets 2022: $5,499,673Liabilities 2022: $10,036,634Net Assets 2022: -$4,536,9612022Assets 2023: $5,592,318Liabilities 2023: $9,924,682Net Assets 2023: -$4,332,3642023

Highlighted filing

2017

Assets$13,255,334
Liabilities$11,580,207
Net Assets$1,675,127
Open 2017 Filing

Operations Trend

Revenue Growth81st percentile

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

$10M$5.0M$0-$5.0MRevenue 2014: $3,650,047Expenses 2014: $1,636,377Net Income 2014: $2,013,6702014Revenue 2016: $1,799,107Expenses 2016: $1,586,688Net Income 2016: $212,4192016Revenue 2017: $2,171,017Expenses 2017: $2,434,592Net Income 2017: -$263,5752017Revenue 2018: $2,710,875Expenses 2018: $3,180,389Net Income 2018: -$469,5142018Revenue 2019: $2,651,025Expenses 2019: $5,091,988Net Income 2019: -$2,440,9632019Revenue 2020: $2,861,543Expenses 2020: $3,438,690Net Income 2020: -$577,1472020Revenue 2021: $2,941,520Expenses 2021: $2,824,204Net Income 2021: $117,3162021Revenue 2022: $2,931,716Expenses 2022: $5,948,285Net Income 2022: -$3,016,5692022Revenue 2023: $3,038,815Expenses 2023: $2,834,304Net Income 2023: $204,5112023

Highlighted filing

2017

Revenue$2,171,017
Expenses$2,434,592
Net Income-$263,575
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Mar 15, 2018
Return Version
2016v3.0
Gross Receipts
$2,171,017
Mission and Program Overview

Mission

To provide clean, affordable housing to low-income residents in the bronx, ny.

To provide clean, affordable housing to low income residents in the bronx, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$899,173$3,987,959▲ $3,088,786
Rtn Earn Endowment Incm Other Fnds$1,938,702$1,675,127▼ $263,575
Land, Buildings, and Equipment, Net$999,506$968,745▼ $30,761
Prepaid Expenses and Deferred Charges$85,798$85,798→ $0
Accounts Receivable$36,759$43,939▲ $7,180
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,191,090$13,255,334▲ $11,064,244
Other Assets Total$169,854$8,168,893▲ $7,999,039
Liabilities
Other Liabilities$44,460$11,421,565▲ $11,377,105
Accounts Payable and Accrued Expenses$206,168$154,080▼ $52,088
Deferred Revenue$1,760$4,562▲ $2,802
Total Liabilities$252,388$11,580,207▲ $11,327,819
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,938,702$1,675,127▼ $263,575
Total Liabilities and Net Assets / Fund Balance$2,191,090$13,255,334▲ $11,064,244

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$704,775$3,323,040$4,027,815
Land$264,075-$264,075
Equipment$-105$231,622$231,517
Other Assets Org$7,372,845--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleOtherTotal
Paul MoorePresident$113,750$113,750
Damon KinebrewSecretary$77,500$77,500

Board Members and Trustees

NameTitle
Nathaniel JamesChairman
Barbara KairsonDirector
John MondesirDirector
Jesse KarpCFO
Alexander JamesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Urban Home Ownership CorporationManagement Services494 EIGHTH AVENUE, New York, NY 10001$166,679
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,167,177
Investment Income
$3,840
Other Revenue
$0
Change in Net Assets
$-263,575

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,171,017
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,171,017
Total Revenue per Form 990
$2,171,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,434,592
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$547,627--$547,627
Other Expenses$1,067,706$292,133-$292,133
Fees for Services Management$166,679--$166,679
Interest$145,185--$145,185
Insurance$90,150--$90,150
Depreciation Depletion$60,868--$60,868
Office Expenses$23,604--$23,604
Fees for Services Legal-$21,240-$21,240
Fees for Services Accounting-$19,400-$19,400
Total Functional Expenses$2,101,819$332,773$0$2,434,592

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,434,592
Total Expenses per Audited Statements$2,434,592
Total Expenses per Form 990$2,434,592
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Mortgage Payable - Lt$11,207,287
Mortgage Payable - St$169,828
Tenants Security Deposits Held in Trust$37,163
Due to Related Party$7,287
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Paul moore, president, is the son of preston moore, former president.”

Form 990, Part VI, Section A, Line 3

“The organization has delegated the customary management duties to urban home ownership, a related tax-exempt managing agent.”

Form 990, Part VI, Section B, Line 11B

“A draft copy of the form 990 was provided to all board members who subsequently reviewed and approved such document prior to finalization.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest declarations are filled out on an annual basis and reviewed by the board of directors”

Form 990, Part VI, Section C, Line 19

“All documents are available at the management office.”

Filing and Contact Details

Filer

Filer Name
Crotona Estates Housing Development Fund
EIN
13-2709826
Phone
2125630310
Address
494 EIGHTH AVENUE 19TH FLOOR, NEW YORK, NY 10001

Signing Officer

Name
Paul Moore
Title
President
Phone
2125630310
Signed
2018-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Moore
Formed
1972
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Warshaw Howard
Phone
2125038800
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The process from prior has not changed”

Financial Statement Notes

PART X, LINE 2:

“Income taxes: the corporation does not have any uncertain tax positions for which a tax liability or tax benefit has been established as of april 30, 2017, in accordance with the provisions of fasb asc 740. The corporation is no longer subject to federal or state and local income tax examinations by tax authorities for years before 2011.”

Raw XML AppendixShowing 400 of 473 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0206168
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0154080
IRS990/AccountsReceivableGrp/BOYAmt036759
IRS990/AccountsReceivableGrp/EOYAmt043939
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW INCOME RESIDENTS IN THE BRONX, NY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAUL MOORE CO URBAN HOME OWNERSHIP CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum02125630310
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0494 EIGHTH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010001
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0899173
IRS990/CashNonInterestBearingGrp/EOYAmt03987959
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0166679
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0494 EIGHTH AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010001
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0URBAN HOME OWNERSHIP CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03840
IRS990/CYOtherExpensesAmt02434592
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02167177
IRS990/CYRevenuesLessExpensesAmt0-263575
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02434592
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02171017
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01760
IRS990/DeferredRevenueGrp/EOYAmt04562
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt060868
IRS990/DepreciationDepletionGrp/TotalAmt060868
IRS990/Desc0TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN THE BRONX, NY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02101819
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019400
IRS990/FeesForServicesAccountingGrp/TotalAmt019400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt021240
IRS990/FeesForServicesLegalGrp/TotalAmt021240
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0166679
IRS990/FeesForServicesManagementGrp/TotalAmt0166679
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt06250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt57500
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEXANDER JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm2BARBARA KAIRSON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN MONDESIR
IRS990/Form990PartVIISectionAGrp/PersonNm4NATHANIEL JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm5DAMON KINEBREW
IRS990/Form990PartVIISectionAGrp/PersonNm6JESSE KARP
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0107500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt570000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02171017
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt090150
IRS990/InsuranceGrp/TotalAmt090150
IRS990/InterestGrp/ProgramServicesAmt0145185
IRS990/InterestGrp/TotalAmt0145185
IRS990/InvestmentIncomeGrp/ExclusionAmt03840
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03840
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03554662
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0999506
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0968745
IRS990/LandBldgEquipCostOrOtherBssAmt04523407
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN THE BRONX, NY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01938702
IRS990/NetAssetsOrFundBalancesEOYAmt01675127
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0547627
IRS990/OccupancyGrp/TotalAmt0547627
IRS990/OfficeExpensesGrp/ProgramServicesAmt023604
IRS990/OfficeExpensesGrp/TotalAmt023604
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0169854
IRS990/OtherAssetsTotalGrp/EOYAmt08168893
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINT
IRS990/OtherExpensesGrp/Desc1OTHER ADMIN SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0292133
IRS990/OtherExpensesGrp/ProgramServicesAmt01067706
IRS990/OtherExpensesGrp/TotalAmt01067706
IRS990/OtherExpensesGrp/TotalAmt1292133
IRS990/OtherLiabilitiesGrp/BOYAmt044460
IRS990/OtherLiabilitiesGrp/EOYAmt011421565
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt085798
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt085798
IRS990/PrincipalOfficerNm0PAUL MOORE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0HUD SUBSIDIES
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01309681
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1857496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01309681
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1857496
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0212
IRS990/PYOtherExpensesAmt01586688
IRS990/PYOtherRevenueAmt037830
IRS990/PYProgramServiceRevenueAmt01761065
IRS990/PYRevenuesLessExpensesAmt0212419
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01586688
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01799107
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-263575
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02167177
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01938702
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01675127
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03840
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0766
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0402
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0826
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06046
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02167177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01761065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01781178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01799353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01843374
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09352147
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03840
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0766
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0402
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0826
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06046
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt037830
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01850292
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01888122
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.83160
IRS990ScheduleA/PublicSupportPY509Pct00.73870
IRS990ScheduleA/PublicSupportTotal509Amt09352147
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02167177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01761065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01781178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01799353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01843374
IRS990ScheduleA/Total509Grp/TotalAmt09352147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02171017
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01799107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01781944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03650047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01844200
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011246315
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0704775
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03323040
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04027815
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-105
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0231622
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0231517
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02434592
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0264075
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0264075
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt037163
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1753205
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25680
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt37372845
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANTS' SECURITY DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED FINANCING COSTS, NET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PAYROLL AND SUNDRY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM ESCROW AGENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt137163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2169828
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311207287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS SECURITY DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MORTGAGE PAYABLE - ST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MORTGAGE PAYABLE - LT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02171017
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES: THE CORPORATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS FOR WHICH A TAX LIABILITY OR TAX BENEFIT HAS BEEN ESTABLISHED AS OF APRIL 30, 2017, IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC 740. THE CORPORATION IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0968745
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08168893
IRS990ScheduleD/TotalExpensesPerForm990Amt02434592
IRS990ScheduleD/TotalLiabilityAmt011421565
IRS990ScheduleD/TotalRevenuePerForm990Amt02171017
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02171017
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02434592
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAUL MOORE, PRESIDENT, IS THE SON OF PRESTON MOORE, FORMER PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS DELEGATED THE CUSTOMARY MANAGEMENT DUTIES TO URBAN HOME OWNERSHIP, A RELATED TAX-EXEMPT MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS WHO SUBSEQUENTLY REVIEWED AND APPROVED SUCH DOCUMENT PRIOR TO FINALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST DECLARATIONS ARE FILLED OUT ON AN ANNUAL BASIS AND REVIEWED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE AT THE MANAGEMENT OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS FROM PRIOR HAS NOT CHANGED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0URBAN HOME OWNERSHIP CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0132611472
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDES MGT AND TECHNICAL SERVICES TO GOVERNMENT SPONSORED HOUSING PROJECTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0494 EIGHTH AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010001
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0166679
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH REIMBURSEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0URBAN HOME OWNERSHIP CORP
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02191090
IRS990/TotalAssetsEOYAmt013255334
IRS990/TotalAssetsGrp/BOYAmt02191090

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$13,255,334
Liabilities
$11,580,207
Net assets
$1,675,127
Revenue
$2,171,017
Expenses
$2,434,592
Net income
-$263,575
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.59$9.92$4.33$3.04$2.83$0.20
2022Detailed filing. Detailed filing data is available for this year.$5.50$10.0$4.54$2.93$5.95$3.02
2021Detailed filing. Detailed filing data is available for this year.$8.64$10.3$1.70$2.94$2.82$0.12
2020Detailed filing. Detailed filing data is available for this year.$8.82$10.6$1.81$2.86$3.44$0.58
2019Detailed filing. Detailed filing data is available for this year.$11.5$12.7$1.24$2.65$5.09$2.44
2018Detailed filing. Detailed filing data is available for this year.$13.4$12.2$1.21$2.71$3.18$0.47
2017Detailed filing. Detailed filing data is available for this year.$13.3$11.6$1.68$2.17$2.43$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.19$0.25$1.94$1.80$1.59$0.21
2014Summary only. Only limited summary data is available for this year.$1.80$0.38$1.41$3.65$1.64$2.01