Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
990 • Fiscal year 2020 • EIN 13-2944013
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
21st percentile
Higher debt load relative to assets than 21% of similar nonprofits.
Liabilities / Revenue
27th percentile
Higher debt load relative to revenue than 27% of similar nonprofits.
Net Margin
44th percentile
Higher net margin than 44% of similar nonprofits.
Top Officer Pay
33rd percentile
Higher top officer pay than 33% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Assets
Down$9,437,019
Down $123,461 (-1.3%) from 2019
Net Assets
Down$8,471,286
Down $46,047 (-0.5%) from 2019
Liabilities
Down$965,733
Down $77,414 (-7.4%) from 2019
Revenue
Down$1,861,678
Down $139,220 (-7.0%) from 2019
Expenses
Up$1,930,054
Up $81,275 (+4.4%) from 2019
Net Income
Down-$68,376
Down $220,495 (-145%) from 2019
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | - | $1,588,753 | - |
| Investments Other Securities | $493,500 | $493,500 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $4,047,628 | $355,531 | ▼ $3,692,097 |
| Other Notes and Loans Receivable, Net | $57,041 | $91,839 | ▲ $34,798 |
| Accounts Receivable | $56,658 | $88,671 | ▲ $32,013 |
| Prepaid Expenses and Deferred Charges | $55,057 | $43,501 | ▼ $11,556 |
| Land, Buildings, and Equipment, Net | $27,525 | $22,525 | ▼ $5,000 |
| Total Assets | $9,560,480 | $9,437,019 | ▼ $123,461 |
| Other Assets Total | $4,823,071 | $6,752,699 | ▲ $1,929,628 |
| Liabilities | |||
| Other Liabilities | $750,850 | $553,509 | ▼ $197,341 |
| Accounts Payable and Accrued Expenses | $170,749 | $331,748 | ▲ $160,999 |
| Deferred Revenue | $121,548 | $80,476 | ▼ $41,072 |
| Total Liabilities | $1,043,147 | $965,733 | ▼ $77,414 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,687,514 | $7,618,878 | ▼ $68,636 |
| Net Assets With Donor Restrictions | $829,819 | $852,408 | ▲ $22,589 |
| Total Net Assets Fund Balance | $8,517,333 | $8,471,286 | ▼ $46,047 |
| Total Liabilities and Net Assets / Fund Balance | $9,560,480 | $9,437,019 | ▼ $123,461 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $22,525 | $135,000 | $157,525 |
| Equipment | - | $142,416 | $142,416 |
| Other Assets Org | $50,000 | - | - |
| Other Securities | $493,500 | - | - |
| Name | Title |
|---|---|
| Fr Louis R Gigante | Chairperson |
| Alejandro Rosado | Director |
| Enrico Boccia | Director |
| Irwin Siegel | Direct & COU |
| Salvatore Gigante | Exec Vice Pr |
| Carmen Reyes | Treasurer/di |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $968,707 |
| Other Expenses | $961,347 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $728,638 | $61,768 | - | $790,406 |
| Other Employee Benefits | $100,168 | $13,711 | - | $113,879 |
| Fees for Services Other | $71,531 | - | - | $71,531 |
| Payroll Taxes | $61,491 | $2,931 | - | $64,422 |
| Information Technology | $40,811 | $21,975 | - | $62,786 |
| Office Expenses | $39,622 | $21,335 | - | $60,957 |
| Occupancy | $31,774 | $7,943 | - | $39,717 |
| All Other Expenses | $24,343 | $10,279 | - | $34,622 |
| Fees for Services Legal | $20,477 | $6,825 | - | $27,302 |
| Advertising | $5,964 | $17,892 | - | $23,856 |
| Other Expenses | $4,668 | $14,003 | - | $18,671 |
| Fees for Services Accounting | - | $11,069 | - | $11,069 |
| Depreciation Depletion | $3,250 | $1,750 | - | $5,000 |
| Conferences and Meetings | - | $2,337 | - | $2,337 |
| Total Functional Expenses | $1,705,220 | $224,834 | $0 | $1,930,054 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,930,054 |
| Total Expenses per Audited Statements | $1,930,054 |
| Total Expenses per Form 990 | $1,930,054 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Mortgage Payable (contra) | $493,500 |
| Due to Affiliates | $60,009 |
“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”
“Irwin siegel 900 third avenue new york, ny 10022”
“The certified financial statements are reviewed by the board of directors. Then the form 990 is prepared utilizing the information from the certified financial statements. The form 990 is part of the new york state department of law filing.”
“The salaries of all of the officers and senior personnel are approved by the board of directors.”
“Only one officer is compensated by the organization-louis r. Gigante received an annual salary of one hundred thousand dolllars which is the same salary he has received for at fifteen years.”
“Upon request as well as from the new york state department of law which receives a copy along with the certified financial statements.”
“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.”
“COMMUNITY DEVELOPMENT”
“Increase unrestricted assets”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 170749 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 331748 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 56658 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 88671 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 17892 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 5964 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 23856 |
| IRS990/AllOtherContributionsAmt | 0 | 79300 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10279 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 24343 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 34622 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SEBCO DEVELOPMENT INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7186172800 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 885 BRUCKNER BOULEVARD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BRONX |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10459 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | true |
| IRS990/BusinessRlnWithFamMemInd | 0 | true |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 4047628 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 355531 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2337 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2337 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 167971 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 127693 |
| IRS990/CYOtherExpensesAmt | 0 | 961347 |
| IRS990/CYOtherRevenueAmt | 0 | 1040362 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 525652 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -68376 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 968707 |
| IRS990/CYTotalExpensesAmt | 0 | 1930054 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1861678 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 121548 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 80476 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1750 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 3250 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 5000 |
| IRS990/Desc | 0 | HOUSING DEVELOPMENT FOR LOW INCOME, ELDERLY AND THE DISABLED. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 829819 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 852408 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 25 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | false |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1094568 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11069 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11069 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 6825 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 20477 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 27302 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 71531 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 71531 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ENRICO BOCCIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | FR LOUIS R GIGANTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CARMEN REYES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ALEJANDRO ROSADO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | IRWIN SIEGEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SALVATORE GIGANTE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER/DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECT & COU |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | EXEC VICE PR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1978 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 88671 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1861678 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 21975 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 40811 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 62786 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 127693 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 127693 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 493500 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 493500 |
| IRS990/IRPDocumentCnt | 0 | 20 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 277416 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 27525 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 22525 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 299941 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8517333 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 8471286 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 7687514 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7618878 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 7943 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 31774 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 39717 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 21335 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 39622 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 60957 |
| IRS990/OfficerMailingAddressInd | 0 | true |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 4823071 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 6752699 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 13711 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 100168 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 113879 |
| IRS990/OtherExpensesGrp/Desc | 0 | ELDERLY NUTRITION PROGRAM |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | STAFF TRAINING AND DEVELO |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 9952 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 21064 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 14003 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 525652 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 39809 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 7022 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4668 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 525652 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 49761 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 28086 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 18671 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 750850 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 553509 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OVERHEAD REIMBURSEMENT |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 898138 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 135851 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 6373 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 898138 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 135851 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 6373 |
| IRS990/OtherRevenueTotalAmt | 0 | 1040362 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 61768 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 728638 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 790406 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 57041 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 91839 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2931 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 61491 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 64422 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 55057 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 43501 |
| IRS990/PrincipalOfficerNm | 0 | FR LOUIS R GIGANTE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | THE CITY OF NEW YORK |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 525652 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 525652 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ELDERLY NUTRITION |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 525652 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | SOCIAL SERVICES TO RESIDENTS OF THE HOUSING DEVELOPED BY THE ORGANIZATION TO STABILIZE THE NEIGHBORHOOD. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 85000 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | COMMUNITY DEVELOPMENT |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 308777 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 157004 |
| IRS990/PYOtherExpensesAmt | 0 | 993353 |
| IRS990/PYOtherRevenueAmt | 0 | 989180 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 545937 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 152119 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 855426 |
| IRS990/PYTotalExpensesAmt | 0 | 1848779 |
| IRS990/PYTotalRevenueAmt | 0 | 2000898 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -68376 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1588753 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 167971 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 308777 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 327567 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 91526 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 88054 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 983895 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 127693 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 157004 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 190326 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127066 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5725 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 607814 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 3359157 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.61810 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.67170 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 983895 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 167971 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 308777 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 327567 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 91526 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 88054 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 983895 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1591709 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 142416 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 142416 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1930054 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 2883692 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 1934053 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 1400918 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 342763 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 141273 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 5 | 50000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEVELOPER'S FEE RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | INTERCOMPANY RECEIVABLES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | DEVELOPMENT EXPENSES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | ACCRUED INTEREST RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | DUE FROM FR. SMITH RESIDENCE RESIDEN |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | INVESTMENT IN SUBSIDIARIES |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 22525 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 135000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 157525 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 493500 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 60009 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MORTGAGE PAYABLE (CONTRA) |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO AFFILIATES |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 493500 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | MORTGAGE RECEIVABLE |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1861678 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 22525 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 6752699 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 493500 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1930054 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 553509 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1861678 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1861678 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1930054 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | BUILDING MANAGEMENT ASSOCIATES INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 1 | BUILDING MANAGEMENT ASSOCAITES INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 2 | SENTRY SECURITY CO INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 3 | SENTRY SECURITY CO INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | OFFICER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | OFFICER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | OFFICER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | PROFERTY MANAGEMENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | PROPERTY MANAGEMENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | SECURITY COMPANY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | SECURITY COMPANY |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMMUNITY DEVELOPMENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IRWIN SIEGEL 900 THIRD AVENUE NEW YORK, NY 10022 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE CERTIFIED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. THEN THE FORM 990 IS PREPARED UTILIZING THE INFORMATION FROM THE CERTIFIED FINANCIAL STATEMENTS. THE FORM 990 IS PART OF THE NEW YORK STATE DEPARTMENT OF LAW FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE SALARIES OF ALL OF THE OFFICERS AND SENIOR PERSONNEL ARE APPROVED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ONLY ONE OFFICER IS COMPENSATED BY THE ORGANIZATION-LOUIS R. GIGANTE RECEIVED AN ANNUAL SALARY OF ONE HUNDRED THOUSAND DOLLLARS WHICH IS THE SAME SALARY HE HAS RECEIVED FOR AT FIFTEEN YEARS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | UPON REQUEST AS WELL AS FROM THE NEW YORK STATE DEPARTMENT OF LAW WHICH RECEIVES A COPY ALONG WITH THE CERTIFIED FINANCIAL STATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | INCREASE UNRESTRICTED ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 9560480 |
| IRS990/TotalAssetsEOYAmt | 0 | 9437019 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 9560480 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9437019 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 167971 |
| IRS990/TotalEmployeeCnt | 0 | 25 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 224834 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1705220 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1930054 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1043147 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 965733 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1043147 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 965733 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 8517333 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 8471286 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1705220 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 525652 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1693707 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1861678 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 9560480 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9437019 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 166 ARCHBRIDGE ROAD |
| IRS990/USAddress/CityNm | 0 | GHENT |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 12065 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.