Civic Intelligence

Sebco Development Inc.

990 • Fiscal year 2018 • EIN 13-2944013

May 01, 2017 to Apr 30, 2018 • Filed on Jan 09, 2019

Organization ProfileWWW.SEBCODEVELOPMENT.ORG
885 Bruckner BoulevardBronx, NY 10459

(718) 617-2800

Siviq Scores

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

Liabilities / Assets

39th percentile

0.08x

Higher debt load relative to assets than 39% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.37x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

65th percentile

8.9%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

36th percentile

-1.5%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

6.3%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets39th percentile

Assets

Down

$9,081,185

Down $133,697 (-1.5%) from 2017

Net Assets

Up

$8,349,689

Up $178,225 (+2.2%) from 2017

Liabilities

Down

$731,496

Down $311,922 (-30%) from 2017

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin65th percentile

Revenue

Up

$1,993,017

Up $117,423 (+6.3%) from 2017

Expenses

Down

$1,814,792

Down $334,607 (-16%) from 2017

Net Income

Up

$178,225

Up $452,030 (+165%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$15M$10M$5.0M$0Assets 2011: $4,693,068Liabilities 2011: $905,774Net Assets 2011: $3,787,2942011Assets 2012: $4,310,363Liabilities 2012: $634,009Net Assets 2012: $3,676,3542012Assets 2013: $4,729,419Liabilities 2013: $1,155,415Net Assets 2013: $3,574,0042013Assets 2014: $4,643,544Liabilities 2014: $1,084,704Net Assets 2014: $3,558,8402014Assets 2015: $6,041,829Liabilities 2015: $1,208,762Net Assets 2015: $4,833,0672015Assets 2016: $10,121,964Liabilities 2016: $1,629,156Net Assets 2016: $8,492,8082016Assets 2017: $9,214,882Liabilities 2017: $1,043,418Net Assets 2017: $8,171,4642017Assets 2018: $9,081,185Liabilities 2018: $731,496Net Assets 2018: $8,349,6892018Assets 2019: $9,560,480Liabilities 2019: $1,043,147Net Assets 2019: $8,517,3332019Assets 2020: $9,437,019Liabilities 2020: $965,733Net Assets 2020: $8,471,2862020Assets 2022: $9,533,839Liabilities 2022: $1,416,419Net Assets 2022: $8,117,4202022Assets 2023: $8,303,756Liabilities 2023: $1,061,213Net Assets 2023: $7,242,5432023Assets 2024: $8,745,293Liabilities 2024: $1,936,293Net Assets 2024: $6,809,0002024

Highlighted filing

2018

Assets$9,081,185
Liabilities$731,496
Net Assets$8,349,689
Open 2018 Filing

Operations Trend

Revenue Growth57th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,002,336Expenses 2011: $1,159,222Net Income 2011: -$156,8862011Expenses 2012: $1,111,2612012Revenue 2013: $1,791,774Expenses 2013: $1,894,124Net Income 2013: -$102,3502013Revenue 2014: $2,208,570Expenses 2014: $2,223,734Net Income 2014: -$15,1642014Revenue 2015: $3,335,979Expenses 2015: $2,922,062Net Income 2015: $413,9172015Revenue 2016: $6,192,961Expenses 2016: $2,533,220Net Income 2016: $3,659,7412016Revenue 2017: $1,875,594Expenses 2017: $2,149,399Net Income 2017: -$273,8052017Revenue 2018: $1,993,017Expenses 2018: $1,814,792Net Income 2018: $178,2252018Revenue 2019: $2,000,898Expenses 2019: $1,848,779Net Income 2019: $152,1192019Revenue 2020: $1,861,678Expenses 2020: $1,930,054Net Income 2020: -$68,3762020Revenue 2022: $1,201,801Expenses 2022: $1,731,443Net Income 2022: -$529,6422022Revenue 2023: $2,661,379Expenses 2023: $3,536,256Net Income 2023: -$874,8772023Revenue 2024: $2,724,695Expenses 2024: $3,158,238Net Income 2024: -$433,5432024

Highlighted filing

2018

Revenue$1,993,017
Expenses$1,814,792
Net Income$178,225
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Jan 9, 2019
Return Version
2017v2.3
Gross Receipts
$1,993,017
Mission and Program Overview

Mission

Sebco development inc. Is a non profit community based organization committed to developing and maintaining affordable and safe housing in the city of new york. Sebco strives to continually provide well maintained, secure housing along with the supportive services needed to improve the quality of life of the families and individuals we serve in our community.

Sebco development, inc. Is a community based housing development company located in the south bronx of new york city, the poorest congressional districts in the united states. In its forty years, it has developed more than 6,000 units of subsidized housing. It continues to develop housing, as well as providing social services, transitional housing for the homeless and meals for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,187,841$3,574,256▲ $1,386,415
Land, Buildings, and Equipment, Net$37,525$542,561▲ $505,036
Cash and Non-Interest-Bearing Accounts$2,235,769$494,374▼ $1,741,395
Investments Other Securities$493,500$493,500→ $0
Accounts Receivable$80,659$114,984▲ $34,325
Prepaid Expenses and Deferred Charges$19,754$8,089▼ $11,665
Total Assets$9,214,882$9,081,185▼ $133,697
Other Assets Total$4,159,834$3,853,421▼ $306,413
Liabilities
Other Liabilities$554,576$499,143▼ $55,433
Accounts Payable and Accrued Expenses$355,921$125,533▼ $230,388
Deferred Revenue$132,921$106,820▼ $26,101
Total Liabilities$1,043,418$731,496▼ $311,922
Net Assets / Fund Balance
Unrestricted Net Assets$7,358,693$7,535,395▲ $176,702
Temporarily Rstr Net Assets$812,771$814,294▲ $1,523
Total Net Assets Fund Balance$8,171,464$8,349,689▲ $178,225
Total Liabilities and Net Assets / Fund Balance$9,214,882$9,081,185▼ $133,697

Asset Categories

AssetBook ValueDepreciationBasis
Land$510,036-$510,036
Leasehold Improvements$32,525$267,417$299,942
Other Assets Org$50,000--
Other Securities$493,500--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Fr Louis R GiganteChairperson
Alejandro RosadoDirector
Enrico BocciaDirector
Irwin SiegelDirect & COU
Salvatore GiganteExec Vice Pr
Carmen ReyesTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$327,567
Program Service Revenue
$457,858
Investment Income
$191,849
Other Revenue
$1,015,743
All Other Contributions
$233,898
Change in Net Assets
$178,225

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,993,017
Total Revenue per Audited Statements
$1,993,017
Total Revenue per Form 990
$1,993,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,015,432
Salaries, Compensation, and Employee Benefits$799,360
Total Fundraising Expense$50,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$611,571$109,760$13,354$734,685
All Other Expenses$42,730$31,281$34,177$108,188
Insurance$80,769$13,464-$94,233
Payroll Taxes$53,033$10,348$1,294$64,675
Occupancy$41,795$10,448-$52,243
Information Technology$31,099$16,745-$47,844
Fees for Services Legal$40,261$6,201-$46,462
Other Expenses$44,941$35,484-$44,941
Office Expenses$23,988$11,071$1,845$36,904
Fees for Services Accounting$3,861$4,789-$8,650
Advertising$2,023$6,069-$8,092
Conferences and Meetings$6,269$697-$6,966
Depreciation Depletion$3,250$1,750-$5,000
Total Functional Expenses$1,506,015$258,107$50,670$1,814,792

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,814,792
Total Expenses per Audited Statements$1,814,792
Total Expenses per Form 990$1,814,792
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 (contra)$493,500
Due to Affiliates$5,643
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 family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Sentry security company chairman sentry security company officer building management associates, inc owner tiffany maintenance co., inc. Building managment associates, inc. Owner building management associates, inc tiffancy maintenance co., inc. Officer officer”

Form 990, Page 6, Part VI, Line 9

“Irwin siegel 900 third avenue new york, ny 10022”

Form 990, Page 6, Part VI, Line 11B

“The certified financial statements are reviewed by the board of directors. Then the form 990 is prepared utilizing the information from the certified financial statemetns. The form 990 is part of the new york state department of law filing.”

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

“The salaries of all of the officers and senior personnel are approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Sebco Development Inc
EIN
13-2944013
Phone
7186172800
Address
885 BRUCKNER BOULEVARD, BRONX, NY 10459

Signing Officer

Name
Salvatore Gigante
Title
Exec Vice President
Phone
7186172800
Signed
2019-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fr Louis R Gigante
Formed
1978
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
4
Employees
8

Preparer

Firm
Irwin Siegel CPA
Address
130 EAST 59TH STREET, NEW YORK, NY 10022
Preparer
Irwin Siegel CPA
Phone
2124475599
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Sebco development, inc. Is a community based housing development company located in the south bronx of new york city, the poorest congressional districts in the united states. In its forty years, it has developed more than 6,000 units of subsidized housing. It continues to develop housing, as well as providing social services, transitional housing for the homeless and meals for the elderly.”

Form 990, Page 2, Part III, Line 4D

“COMMUNITY DEVELOPMENT”

Form 990, Part XI

“Increase unrestricted assets”

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08089
IRS990/PrincipalOfficerNm0FR LOUIS R GIGANTE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DEPARTMENT OF THE AGING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0457858
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0457858
IRS990/ProgSrvcAccomActy2Grp/Desc0ELDERLY NUTRITION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0457858
IRS990/ProgSrvcAccomActy3Grp/Desc0SOCIAL SERVICES TO RESIDENTS OF THE HOUSING DEVELOPED BY THE ORGANIZATION TO STABILIZE THE NEIGHBORHOOD.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt069700
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY DEVELOPMENT
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0134002
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0261827
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0127066
IRS990/PYOtherExpensesAmt01387678
IRS990/PYOtherRevenueAmt0662594
IRS990/PYProgramServiceRevenueAmt0824107
IRS990/PYRevenuesLessExpensesAmt0-273805
IRS990/PYSalariesCompEmpBnftPaidAmt0761721
IRS990/PYTotalExpensesAmt02149399
IRS990/PYTotalRevenueAmt01875594
IRS990/ReconcilationRevenueExpnssAmt0178225
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02187841
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03574256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0327567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt091526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0162734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0238818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0908699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0190326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0127066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04345
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0327462
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01665450
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73510
IRS990ScheduleA/PublicSupportPY170Pct00.85440
IRS990ScheduleA/PublicSupportTotal170Amt0908699
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0327567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt091526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088054
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0162734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0238818
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0908699
IRS990ScheduleA/TotalSupportAmt01236161
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01814792
IRS990ScheduleD/LandGrp/BookValueAmt0510036
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0510036
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032525
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0267417
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0299942
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03290702
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1211467
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2178880
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3122372
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt450000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPER'S FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM FR. SMITH RESIDENCE RESIDEN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INTERCOMPANY RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4INVESTMENT IN SUBSIDIARIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0493500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE (CONTRA)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0493500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MORTGAGE RECEIVABLE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueSubtotalAmt01993017
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0542561
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03853421
IRS990ScheduleD/TotalBookValueSecuritiesAmt0493500
IRS990ScheduleD/TotalExpensesPerForm990Amt01814792
IRS990ScheduleD/TotalLiabilityAmt0499143
IRS990ScheduleD/TotalRevenuePerForm990Amt01993017
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01993017
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01814792
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0BUILDING MANAGEMENT ASSOCIATES INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1BUILDING MANAGEMENT ASSOCAITES INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2SENTRY SECURITY CO INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt3SENTRY SECURITY CO INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROFERTY MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1PROPERTY MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2SECURITY COMPANY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3SECURITY COMPANY
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEBCO DEVELOPMENT, INC. IS A COMMUNITY BASED HOUSING DEVELOPMENT COMPANY LOCATED IN THE SOUTH BRONX OF NEW YORK CITY, THE POOREST CONGRESSIONAL DISTRICTS IN THE UNITED STATES. IN ITS FORTY YEARS, IT HAS DEVELOPED MORE THAN 6,000 UNITS OF SUBSIDIZED HOUSING. IT CONTINUES TO DEVELOP HOUSING, AS WELL AS PROVIDING SOCIAL SERVICES, TRANSITIONAL HOUSING FOR THE HOMELESS AND MEALS FOR THE ELDERLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY DEVELOPMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SENTRY SECURITY COMPANY CHAIRMAN SENTRY SECURITY COMPANY OFFICER BUILDING MANAGEMENT ASSOCIATES, INC OWNER TIFFANY MAINTENANCE CO., INC. BUILDING MANAGMENT ASSOCIATES, INC. OWNER BUILDING MANAGEMENT ASSOCIATES, INC TIFFANCY MAINTENANCE CO., INC. OFFICER OFFICER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IRWIN SIEGEL 900 THIRD AVENUE NEW YORK, NY 10022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CERTIFIED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. THEN THE FORM 990 IS PREPARED UTILIZING THE INFORMATION FROM THE CERTIFIED FINANCIAL STATEMETNS. THE FORM 990 IS PART OF THE NEW YORK STATE DEPARTMENT OF LAW FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SALARIES OF ALL OF THE OFFICERS AND SENIOR PERSONNEL ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INCREASE UNRESTRICTED ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0812771
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0814294
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09214882
IRS990/TotalAssetsEOYAmt09081185
IRS990/TotalAssetsGrp/BOYAmt09214882
IRS990/TotalAssetsGrp/EOYAmt09081185
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0327567
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt050670
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0258107
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01506015
IRS990/TotalFunctionalExpensesGrp/TotalAmt01814792
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01043418
IRS990/TotalLiabilitiesEOYAmt0731496
IRS990/TotalLiabilitiesGrp/BOYAmt01043418
IRS990/TotalLiabilitiesGrp/EOYAmt0731496
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08171464
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08349689
IRS990/TotalOtherProgSrvcExpenseAmt0134002
IRS990/TotalProgramServiceExpensesAmt01506015
IRS990/TotalProgramServiceRevenueAmt0457858
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01665450
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01993017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09214882
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09081185
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07358693
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07535395
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0166 ARCHBRIDGE ROAD
IRS990/USAddress/CityNm0GHENT
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012065
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.SEBCODEVELOPMENT.ORG
IRS990/WhistleblowerPolicyInd0true

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,081,185
Liabilities
$731,496
Net assets
$8,349,689
Revenue
$1,993,017
Expenses
$1,814,792
Net income
$178,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.75$1.94$6.81$2.72$3.16$0.43
2023Detailed filing. Detailed filing data is available for this year.$8.30$1.06$7.24$2.66$3.54$0.87
2022Detailed filing. Detailed filing data is available for this year.$9.53$1.42$8.12$1.20$1.73$0.53
2020Detailed filing. Detailed filing data is available for this year.$9.44$0.97$8.47$1.86$1.93$0.07
2019Detailed filing. Detailed filing data is available for this year.$9.56$1.04$8.52$2.00$1.85$0.15
2018Detailed filing. Detailed filing data is available for this year.$9.08$0.73$8.35$1.99$1.81$0.18
2017Detailed filing. Detailed filing data is available for this year.$9.21$1.04$8.17$1.88$2.15$0.27
2016Summary only. Only limited summary data is available for this year.$10.1$1.63$8.49$6.19$2.53$3.66
2015Summary only. Only limited summary data is available for this year.$6.04$1.21$4.83$3.34$2.92$0.41
2014Summary only. Only limited summary data is available for this year.$4.64$1.08$3.56$2.21$2.22$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$1.16$3.57$1.79$1.89$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.63$3.68$1.11
2011Summary only. Only limited summary data is available for this year.$4.69$0.91$3.79$1.00$1.16$0.16