Civic Intelligence

Sebco Development Inc.

990 • Fiscal year 2019 • EIN 13-2944013

May 01, 2018 to Apr 30, 2019 • Filed on Mar 04, 2020

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

24th percentile

0.11x

Higher debt load relative to assets than 24% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.52x

Higher debt load relative to revenue than 28% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Net Margin

66th percentile

7.6%

Higher net margin than 66% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2019 filings • NTEE L • $5M-$10M nonprofits • Source year 2019

Asset Growth

80th percentile

5.3%

Faster asset growth than 80% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

0.4%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$9,560,480

Up $479,295 (+5.3%) from 2018

Net Assets

Up

$8,517,333

Up $167,644 (+2.0%) from 2018

Liabilities

Up

$1,043,147

Up $311,651 (+43%) from 2018

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin66th percentile

Revenue

Up

$2,000,898

Up $7,881 (+0.4%) from 2018

Expenses

Up

$1,848,779

Up $33,987 (+1.9%) from 2018

Net Income

Down

$152,119

Down $26,106 (-15%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth80th 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

2019

Assets$9,560,480
Liabilities$1,043,147
Net Assets$8,517,333
Open 2019 Filing

Operations Trend

Revenue Growth43rd 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

2019

Revenue$2,000,898
Expenses$1,848,779
Net Income$152,119
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Mar 4, 2020
Return Version
2018v3.2
Gross Receipts
$2,000,898
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$3,574,256$3,866,471▲ $292,215
Land, Buildings, and Equipment, Net$542,561$851,023▲ $308,462
Investments Other Securities$493,500$493,500→ $0
Cash and Non-Interest-Bearing Accounts$494,374$181,157▼ $313,217
Accounts Receivable$81,719$56,658▼ $25,061
Prepaid Expenses and Deferred Charges$8,089$55,057▲ $46,968
Total Assets$9,081,185$9,560,480▲ $479,295
Other Assets Total$3,886,686$4,056,614▲ $169,928
Liabilities
Other Liabilities$499,143$750,850▲ $251,707
Accounts Payable and Accrued Expenses$125,533$170,749▲ $45,216
Deferred Revenue$106,820$121,548▲ $14,728
Total Liabilities$731,496$1,043,147▲ $311,651
Net Assets / Fund Balance
Unrestricted Net Assets$7,535,395$7,687,514▲ $152,119
Temporarily Rstr Net Assets$814,294$829,819▲ $15,525
Total Net Assets Fund Balance$8,349,689$8,517,333▲ $167,644
Total Liabilities and Net Assets / Fund Balance$9,081,185$9,560,480▲ $479,295

Asset Categories

AssetBook ValueDepreciationBasis
Land$823,498-$823,498
Equipment$27,525$272,417$299,942
Other Assets Org$50,000--
Other Securities$493,500--
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Fr Louis R GiganteChairperson
Alejandro RosadoDirector
Enrico BocciaDirector
Salvatore GiganteChief Operat
Carmen ReyesTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$308,777
Program Service Revenue
$545,937
Investment Income
$157,004
Other Revenue
$989,180
All Other Contributions
$220,106
Change in Net Assets
$152,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,000,898
Total Revenue per Audited Statements
$2,000,898
Total Revenue per Form 990
$2,000,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$993,353
Salaries, Compensation, and Employee Benefits$855,426
Total Fundraising Expense$49,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$646,442$117,452$11,814$775,708
Insurance$69,225$12,091-$81,316
Payroll Taxes$65,369$12,755$1,594$79,718
All Other Expenses$34,099$41,365-$75,464
Occupancy$36,584$9,146-$45,730
Information Technology$22,931$12,348-$35,279
Fees for Services Legal$20,452$14,604-$35,056
Other Expenses$8,591$25,774$34,759$34,365
Office Expenses$13,939$6,434$1,072$21,445
Fees for Services Other$15,518--$15,518
Fees for Services Accounting-$11,688-$11,688
Advertising$1,789$5,366-$7,155
Depreciation Depletion$3,250$1,750-$5,000
Conferences and Meetings$3,239$360-$3,599
Total Functional Expenses$1,528,407$271,133$49,239$1,848,779

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,848,779
Total Expenses per Audited Statements$1,848,779
Total Expenses per Form 990$1,848,779
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$257,350
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 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 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, char-500.”

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. Those officers who are also directors are not involved in the discussions or the subsequent voting.”

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
Chief Operating Offi
Phone
7186172800
Signed
2020-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fr Louis R Gigante
Formed
1978
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
2
Employees
26

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”

Form 990, Part XI, Line 9

“Increase in net assets without 0 donor restrictions 15,525 total 15,525”

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055057
IRS990/PrincipalOfficerNm0FR LOUIS R GIGANTE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DEPARTMENT OF THE AGING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0545937
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0545937
IRS990/ProgSrvcAccomActy2Grp/Desc0ELDERLY NUTRITION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0545937
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0545937
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/ExpenseAmt080668
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0327567
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0191849
IRS990/PYOtherExpensesAmt01015432
IRS990/PYOtherRevenueAmt01015743
IRS990/PYProgramServiceRevenueAmt0457858
IRS990/PYRevenuesLessExpensesAmt0178225
IRS990/PYSalariesCompEmpBnftPaidAmt0799360
IRS990/PYTotalExpensesAmt01814792
IRS990/PYTotalRevenueAmt01993017
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0152119
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01454961
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03574256
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03866471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0308777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0327567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt091526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt088054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0162734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0978658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0157004
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0190326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0127066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04345
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0484466
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05837716
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66890
IRS990ScheduleA/PublicSupportPY170Pct00.73510
IRS990ScheduleA/PublicSupportTotal170Amt0978658
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0308777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0327567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt091526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt088054
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0162734
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0978658
IRS990ScheduleA/TotalSupportAmt01463124
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt027525
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0272417
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0299942
IRS990ScheduleD/ExpensesSubtotalAmt01848779
IRS990ScheduleD/LandGrp/BookValueAmt0823498
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0823498
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02883692
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1889850
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2233072
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt350000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPER'S FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTERCOMPANY RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INVESTMENT IN SUBSIDIARIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0493500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1257350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE (CONTRA)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0493500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MORTGAGE RECEIVABLE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueSubtotalAmt02000898
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0851023
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04056614
IRS990ScheduleD/TotalBookValueSecuritiesAmt0493500
IRS990ScheduleD/TotalExpensesPerForm990Amt01848779
IRS990ScheduleD/TotalLiabilityAmt0750850
IRS990ScheduleD/TotalRevenuePerForm990Amt02000898
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02000898
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01848779
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/ExplanationTxt3THE 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, CHAR-500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SALARIES OF ALL OF THE OFFICERS AND SENIOR PERSONNEL ARE APPROVED BY THE BOARD OF DIRECTORS. THOSE OFFICERS WHO ARE ALSO DIRECTORS ARE NOT INVOLVED IN THE DISCUSSIONS OR THE SUBSEQUENT VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INCREASE UNRESTRICTED ASSETS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INCREASE IN NET ASSETS WITHOUT 0 DONOR RESTRICTIONS 15,525 TOTAL 15,525
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0814294
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0829819
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09081185
IRS990/TotalAssetsEOYAmt09560480
IRS990/TotalAssetsGrp/BOYAmt09081185
IRS990/TotalAssetsGrp/EOYAmt09560480
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0308777
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt049239
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0271133
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01528407
IRS990/TotalFunctionalExpensesGrp/TotalAmt01848779
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0731496
IRS990/TotalLiabilitiesEOYAmt01043147
IRS990/TotalLiabilitiesGrp/BOYAmt0731496
IRS990/TotalLiabilitiesGrp/EOYAmt01043147
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08349689
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08517333
IRS990/TotalOtherProgSrvcExpenseAmt080668
IRS990/TotalProgramServiceExpensesAmt01528407
IRS990/TotalProgramServiceRevenueAmt0545937
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01692121
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02000898
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09081185
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09560480
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,560,480
Liabilities
$1,043,147
Net assets
$8,517,333
Revenue
$2,000,898
Expenses
$1,848,779
Net income
$152,119
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