Civic Intelligence

E C Housing Development Fund Company Inc.

990 • Fiscal year 2013 • EIN 13-3121459

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 02, 2014

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

98th percentile

1.78x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

22nd percentile

-4.3%

Faster asset growth than 22% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$4,336,068

Down $195,814 (-4.3%) from 2012

Net Assets

Down

-$3,380,101

Down $77,310 (-2.3%) from 2012

Liabilities

Down

$7,716,169

Down $118,504 (-1.5%) from 2012

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

-$77,310

No earlier filing loaded for comparison.

Expenses

Flat

$0

Flat from 2012

Net Income

-$77,310

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $4,725,202Liabilities 2011: $7,928,274Net Assets 2011: -$3,203,0722011Assets 2012: $4,531,882Liabilities 2012: $7,834,673Net Assets 2012: -$3,302,7912012Assets 2013: $4,336,068Liabilities 2013: $7,716,169Net Assets 2013: -$3,380,1012013Assets 2014: $4,178,575Liabilities 2014: $7,637,297Net Assets 2014: -$3,458,7222014Assets 2015: $3,970,323Liabilities 2015: $7,527,486Net Assets 2015: -$3,557,1632015Assets 2016: $3,486,910Liabilities 2016: $7,221,474Net Assets 2016: -$3,734,5642016Assets 2017: $3,280,197Liabilities 2017: $7,095,773Net Assets 2017: -$3,815,5762017Assets 2018: $3,008,769Liabilities 2018: $6,929,802Net Assets 2018: -$3,921,0332018Assets 2019: $2,954,217Liabilities 2019: $6,954,649Net Assets 2019: -$4,000,4322019Assets 2020: $2,887,961Liabilities 2020: $7,055,347Net Assets 2020: -$4,167,3862020Assets 2021: $2,924,814Liabilities 2021: $7,258,814Net Assets 2021: -$4,334,0002021Assets 2022: $2,898,514Liabilities 2022: $7,605,390Net Assets 2022: -$4,706,8762022Assets 2023: $2,780,041Liabilities 2023: $7,535,734Net Assets 2023: -$4,755,6932023Assets 2024: $2,311,196Liabilities 2024: $7,839,891Net Assets 2024: -$5,528,6952024

Highlighted filing

2013

Assets$4,336,068
Liabilities$7,716,169
Net Assets-$3,380,101
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: -$195,287Expenses 2011: $0Net Income 2011: -$195,2872011Expenses 2012: $02012Revenue 2013: -$77,310Expenses 2013: $0Net Income 2013: -$77,3102013Revenue 2014: -$78,621Expenses 2014: $0Net Income 2014: -$78,6212014Revenue 2015: -$98,441Expenses 2015: $0Net Income 2015: -$98,4412015Revenue 2016: -$177,401Expenses 2016: $0Net Income 2016: -$177,4012016Revenue 2017: -$81,012Expenses 2017: $0Net Income 2017: -$81,0122017Revenue 2018: -$105,457Expenses 2018: $0Net Income 2018: -$105,4572018Revenue 2019: -$79,401Expenses 2019: $0Net Income 2019: -$79,4012019Revenue 2020: -$166,954Expenses 2020: $0Net Income 2020: -$166,9542020Revenue 2021: $2,036,769Expenses 2021: $2,203,383Net Income 2021: -$166,6142021Revenue 2022: $2,308,362Expenses 2022: $2,681,238Net Income 2022: -$372,8762022Revenue 2023: $2,182,834Expenses 2023: $2,231,651Net Income 2023: -$48,8172023Revenue 2024: $2,089,746Expenses 2024: $2,862,748Net Income 2024: -$773,0022024

Highlighted filing

2013

Revenue-$77,310
Expenses$0
Net Income-$77,310
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 2, 2014
Return Version
2013v3.1
Gross Receipts
$1,569,710
Mission and Program Overview

Mission

Provide housing for the elderly and handicapped under section 202 in the south bronx area of new york city.

The organization's primary exempt purpose is to own and operate an affordable housing apartment building for the elderly and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,919,838$2,680,276▼ $239,562
Intangible Assets$303,869$293,899▼ $9,970
Cash and Non-Interest-Bearing Accounts$278,663$191,608▼ $87,055
Prepaid Expenses and Deferred Charges$101,818$105,367▲ $3,549
Accounts Receivable$12,948$20,631▲ $7,683
Total Assets$4,531,881$4,336,068▼ $195,813
Other Assets Total$914,745$1,044,287▲ $129,542
Liabilities
Other Liabilities$7,643,902$7,553,784▼ $90,118
Accounts Payable and Accrued Expenses$184,939$157,256▼ $27,683
Deferred Revenue$5,831$5,129▼ $702
Total Liabilities$7,834,672$7,716,169▼ $118,503
Net Assets / Fund Balance
Unrestricted Net Assets$-3,302,791$-3,380,101▼ $77,310
Total Net Assets Fund Balance$-3,302,791$-3,380,101▼ $77,310
Total Liabilities and Net Assets / Fund Balance$4,531,881$4,336,068▼ $195,813

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,643,076$5,972,518$8,615,594
Land$37,200-$37,200
Other Assets Org$15,110--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Fr Louis R GiganteChairman
Alejandro RosadoDirector
Enrico BocciaDirector
Irwin SiegelDirector
Sr Trude ThomasDirector
Carmen ReyesSect/directo
Revenue and Support

Revenue Composition

Contributions and Grants
$60,070
Program Service Revenue
$0
Investment Income
$471
Other Revenue
$-137,851
All Other Contributions
$553
Change in Net Assets
$-77,310

Audited Revenue Reconciliation

Revenue per Audited Statements
$-77,310
Total Revenue per Audited Statements
$-77,310
Total Revenue per Form 990
$-77,310
Expenses and Functional Allocation

Major Expense Lines

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

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$229,594
Total Expenses per Audited Statements$229,594
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$7,346,061
DEVELOPER'S FEE PAYABLE$102,503
Miscellaneous Payables$75,038
TENANTS' SECURITY PAYABLE (CONTRA)$30,182
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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, Page 6, Part VI, Line 2

“Building management associates, inc owner chair of organiza and manageme tiffany maintenance co., inc. Owner owner of maintenance company sentry security co., inc. Chairman chair of taxpayer and security building management associates, inc president vice prsident of org and mange”

Form 990, Page 6, Part VI, Line 3

“The organization owns a residential building providing housing to the elderly and infirmed. The property is managed by building management associates,inc. An officer of the organization is the owner of the management company. The management fees paid are prescribed by united states department of housing and urban development.”

Form 990, Page 6, Part VI, Line 6

“Owned by sebco develoment,inc., a not for profit community based organiazatoin that sponsored the project.”

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

“The controller and the vice president review both the certified financial statement and the form 990 before filing.”

Form 990, Page 6, Part VI, Line 19

“Upon request copies are furnished.”

Filing and Contact Details

Filer

EIN
13-3121459
Phone
7186172800

Signing Officer

Name
Salvatore Gigante
Title
Vice President
Phone
7186172800
Signed
2014-07-02

Organization Details

Formed
1982
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
5
Employees
6

Preparer

Preparer
Irwin Siegel CPA
Phone
2124475599
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference -229,594”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

“Book / tax depreciation difference 229,594”

Raw XML Appendix343 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0184939
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0157256
IRS990/AccountsReceivableGrp/BOYAmt012948
IRS990/AccountsReceivableGrp/EOYAmt020631
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO OWN AND OPERATE AN AFFORDABLE HOUSING APARTMENT BUILDING FOR THE ELDERLY AND HANDICAPPED.
IRS990/AllOtherContributionsAmt0553
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10CONTROLLER
IRS990/BooksInCareOfDetail/PhoneNum07186172800
IRS990/BooksInCareOfDetail/USAddress/AddressLine10885 BRUCKNER BOUL
IRS990/BooksInCareOfDetail/USAddress/City0BRONX
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode010459
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt0278663
IRS990/CashNonInterestBearingGrp/EOYAmt0191608
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt060070
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0471
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt0-137851
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-77310
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-77310
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt05831
IRS990/DeferredRevenueGrp/EOYAmt05129
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0FOR MORE THAN TWENTY YEARS, THE ORGANIZATION HAS OWNED AND OPERATED AN APARTMENT HOUSE FOR THE ELEDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0FR LOUIS R GIGANTE
IRS990/Form990PartVIISectionAGrp/PersonNm1SR TRUDE THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm2ENRICO BOCCIA
IRS990/Form990PartVIISectionAGrp/PersonNm3ALEJANDRO ROSADO
IRS990/Form990PartVIISectionAGrp/PersonNm4IRWIN SIEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm5CARMEN REYES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECT/DIRECTO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt059517
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01569710
IRS990/GrossRentsGrp/RealAmt01748731
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt0303869
IRS990/IntangibleAssetsGrp/EOYAmt0293899
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0471
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0471
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05972518
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02919838
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02680276
IRS990/LandBldgEquipCostOrOtherBssAmt08652794
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt01886582
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO OWN AND OPERATE AN AFFORDABLE HOUSING APARTMENT BUILDING FOR THE ELDERLY AND HANDICAPPED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-3302791
IRS990/NetAssetsOrFundBalancesEOYAmt0-3380101
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-137851
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-137851
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0914745
IRS990/OtherAssetsTotalGrp/EOYAmt01044287
IRS990/OtherLiabilitiesGrp/BOYAmt07643902
IRS990/OtherLiabilitiesGrp/EOYAmt07553784
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0101818
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0105367
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt066463
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0492
IRS990/PYOtherRevenueAmt0-166674
IRS990/PYRevenuesLessExpensesAmt0-99719
IRS990/PYTotalRevenueAmt0-99719
IRS990/ReconcilationRevenueExpnssAmt0-77310
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-137851
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01424047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01492649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01489980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01443629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01376357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07226662
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0385225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0444334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0379070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0389017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0369674
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01967320
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01749202
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78600
IRS990ScheduleA/PublicSupportPY170Pct00.95710
IRS990ScheduleA/PublicSupportTotal170Amt07226662
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01424047
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01492649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01489980
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01443629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01376357
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07226662
IRS990ScheduleA/TotalSupportAmt09193982
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0229594
IRS990ScheduleD/LandGrp/BookValueAmt037200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt037200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0586548
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1252561
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2159886
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt330182
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt415110
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesIncludedAmt0229594
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02643076
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05972518
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08615594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07346061
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1102503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt275038
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt330182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEVELOPER'S FEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MISCELLANEOUS PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANTS' SECURITY PAYABLE (CONTRA)
IRS990ScheduleD/RevenueSubtotalAmt0-77310
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 229,594
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02680276
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01044287
IRS990ScheduleD/TotalLiabilityAmt07553784
IRS990ScheduleD/TotalRevenuePerForm990Amt0-77310
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-77310
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0229594
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10BUILDING MANAGEMENT ASSOCIATES INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine11TIFFANY MAINTENANCE CO INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine12SENTRY SECURITY CO INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine13BUILDING MANAGEMENT ASSOCITES INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0VENDOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1VENDOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2VENDOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3VENDOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROPERTY MNG. FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1REPAIRS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2GUARD SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3PROPERTY MANAGER
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUILDING MANAGEMENT ASSOCIATES, INC OWNER CHAIR OF ORGANIZA AND MANAGEME TIFFANY MAINTENANCE CO., INC. OWNER OWNER OF MAINTENANCE COMPANY SENTRY SECURITY CO., INC. CHAIRMAN CHAIR OF TAXPAYER AND SECURITY BUILDING MANAGEMENT ASSOCIATES, INC PRESIDENT VICE PRSIDENT OF ORG AND MANGE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION OWNS A RESIDENTIAL BUILDING PROVIDING HOUSING TO THE ELDERLY AND INFIRMED. THE PROPERTY IS MANAGED BY BUILDING MANAGEMENT ASSOCIATES,INC. AN OFFICER OF THE ORGANIZATION IS THE OWNER OF THE MANAGEMENT COMPANY. THE MANAGEMENT FEES PAID ARE PRESCRIBED BY UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OWNED BY SEBCO DEVELOMENT,INC., A NOT FOR PROFIT COMMUNITY BASED ORGANIAZATOIN THAT SPONSORED THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONTROLLER AND THE VICE PRESIDENT REVIEW BOTH THE CERTIFIED FINANCIAL STATEMENT AND THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST COPIES ARE FURNISHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE -229,594
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04531881
IRS990/TotalAssetsEOYAmt04336068
IRS990/TotalAssetsGrp/BOYAmt04531881
IRS990/TotalAssetsGrp/EOYAmt04336068
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt060070
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07834672
IRS990/TotalLiabilitiesEOYAmt07716169
IRS990/TotalLiabilitiesGrp/BOYAmt07834672
IRS990/TotalLiabilitiesGrp/EOYAmt07716169
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3302791
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3380101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-137380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-77310
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04531881
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04336068
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-3302791
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-3380101
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SEBCODEVELOPMENT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SALVATORE GIGANTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07186172800
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine10EC HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine20COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0ECHO
ReturnHeader/Filer/EIN0133121459
ReturnHeader/Filer/PhoneNum07186172800
ReturnHeader/Filer/USAddress/AddressLine10885 BRUCKNER BOULEVARD
ReturnHeader/Filer/USAddress/City0BRONX
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010459
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132992528
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10IRWIN SIEGEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10900 THIRD AVENUE 17TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0100224792
ReturnHeader/PreparerPersonGrp/PhoneNum02124475599
ReturnHeader/PreparerPersonGrp/PreparationDt02014-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRWIN SIEGEL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-07-09T16:40:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,336,068
Liabilities
$7,716,169
Net assets
-$3,380,101
Revenue
-$77,310
Expenses
$0
Net income
-$77,310
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$7.84$5.53$2.09$2.86$0.77
2023Detailed filing. Detailed filing data is available for this year.$2.78$7.54$4.76$2.18$2.23$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$7.61$4.71$2.31$2.68$0.37
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.92$7.26$4.33$2.04$2.20$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$7.06$4.17$0.17$0.00$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$6.95$4.00$0.08$0.00$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.01$6.93$3.92$0.11$0.00$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$7.10$3.82$0.08$0.00$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$7.22$3.73$0.18$0.00$0.18
2015Detailed filing. Detailed filing data is available for this year.$3.97$7.53$3.56$0.10$0.00$0.10
2014Summary only. Only limited summary data is available for this year.$4.18$7.64$3.46$0.08$0.00$0.08
2013Detailed filing. Detailed filing data is available for this year.$4.34$7.72$3.38$0.08$0.00$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.53$7.83$3.30$0.00
2011Summary only. Only limited summary data is available for this year.$4.73$7.93$3.20$0.20$0.00$0.20