Civic Intelligence

E C Housing Development Fund Company Inc.

990 • Fiscal year 2023 • EIN 13-3121459

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 19, 2024

Organization ProfileWWW.SEBCODEVELOPMENT.ORG
429 Bruckner Blvd 2nd FloorBronx, NY 10455

(347) 726-2547

Siviq Scores

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

Liabilities / Assets

99th percentile

2.71x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

3.45x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

34th percentile

-2.2%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$251,995

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

23rd percentile

-4.1%

Faster asset growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-5.4%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$2,780,041

Down $118,473 (-4.1%) from 2022

Net Assets

Down

-$4,755,693

Down $48,817 (-1.0%) from 2022

Liabilities

Down

$7,535,734

Down $69,656 (-0.9%) from 2022

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin34th percentile

Revenue

Down

$2,182,834

Down $125,528 (-5.4%) from 2022

Expenses

Down

$2,231,651

Down $449,587 (-17%) from 2022

Net Income

Up

-$48,817

Up $324,059 (+87%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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

2023

Assets$2,780,041
Liabilities$7,535,734
Net Assets-$4,755,693
Open 2023 Filing

Operations Trend

Revenue Growth30th percentile

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

2023

Revenue$2,182,834
Expenses$2,231,651
Net Income-$48,817
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 19, 2024
Return Version
2023v5.0
Gross Receipts
$2,182,834
Mission and Program Overview

Mission

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

Provide afforadable housing for the elderly and handicapped under section 202 of the federal housing act of 1959.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,146,609$1,769,777▼ $376,832
Accounts Receivable$172,021$239,605▲ $67,584
Prepaid Expenses and Deferred Charges$173,882$196,309▲ $22,427
Intangible Assets$204,178$194,209▼ $9,969
Cash and Non-Interest-Bearing Accounts$7,572$71,048▲ $63,476
Total Assets$2,898,514$2,780,041▼ $118,473
Other Assets Total$194,252$309,093▲ $114,841
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,272,406$6,112,671▼ $159,735
Accounts Payable and Accrued Expenses$893,508$988,130▲ $94,622
Other Liabilities$379,280$358,945▼ $20,335
Deferred Revenue$24,271$40,084▲ $15,813
Escrow Account Liability$35,925$35,904▼ $21
Total Liabilities$7,605,390$7,535,734▼ $69,656
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,706,876$-4,755,693▼ $48,817
Total Net Assets Fund Balance$-4,706,876$-4,755,693▼ $48,817
Total Liabilities and Net Assets / Fund Balance$2,898,514$2,780,041▼ $118,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,694,925$7,950,469$9,645,394
Equipment$37,652$408,439$446,091
Land$37,200-$37,200
Other Assets Org$272--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleOtherTotal
Salvatore GiganteVice Preside$251,995$251,995
Sonal ShahController$139,248$139,248

Board Members and Trustees

NameTitle
Enrico BocciaChair
Salvatore GiganteVice President
Evelyn VelazquezTreasurer/se
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,182,094
Investment Income
$740
Other Revenue
$0
Change in Net Assets
$-48,817

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,182,834
Total Revenue per Audited Statements
$2,182,834
Total Revenue per Form 990
$2,182,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,082,967
Salaries, Compensation, and Employee Benefits$148,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$380,115--$380,115
Depreciation Depletion$292,888--$292,888
Other Expenses$209,569--$209,569
Insurance$206,244--$206,244
All Other Expenses$201,430--$201,430
Other Salaries and Wages$92,637--$92,637
Fees for Services Management-$56,832-$56,832
Other Employee Benefits$48,850--$48,850
Fees for Services Accounting-$14,850-$14,850
Office Expenses$12,017--$12,017
Payroll Taxes$7,197--$7,197
Fees for Services Legal$4,810--$4,810
Fees for Services Other$2,004--$2,004
Total Functional Expenses$2,159,969$71,682$0$2,231,651

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,231,651
Total Expenses per Audited Statements$2,231,651
Total Expenses per Form 990$2,231,651
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sentry Security Company IncAffiliateSecurity ServicesNo$251,921
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$256,442
DEVELOPER'S FEE PAYABLE$102,503
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 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization operates a housing project for the elderly and handicapped under section 202 of the federal housing act of 1959. During 2023, a real estate property was changed to the wavecrest management team ltd.”

Form 990, Page 6, Part VI, Line 6

“Organized with one member, sebco development, inc., a not for profit irc section 501(c)(3)community based organization.”

Form 990, Page 6, Part VI, Line 7A

“Sebco development, inc., the sole member of the organization, has the right to appoint the members to the board of directors”

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

“The organization's 990 is reviewed and approved by controller and vice president before it is finalized and filed.”

Form 990, Page 6, Part VI, Line 12C

“The conflicts of interest policy is enforced pursuant to the new york state not-for-profit corporation laws.”

Form 990, Page 6, Part VI, Line 19

“Documents, which are public records, are available from the ny secretary of state and provide upon request.”

Filing and Contact Details

Filer

Filer Name
Ec Housing Development Fund
EIN
13-3121459
Phone
3477262547
Address
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY 10455

Signing Officer

Name
Salvatore Gigante
Title
Vice President
Phone
3477262547
Signed
2024-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salvatore Gigante
Formed
1982
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
2

Preparer

Firm
A Gary Aaronson CPA Pllc
Address
42 WEST 38TH STREET SUITE 1003, NEW YORK, NY 10018-0060
Preparer
A Gary Aaronson
Phone
2126845770
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The organization holds security deposits from tenants in an escrow account. These deposits are returned to the tenants once tenants move out of the apartment.”

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

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01632189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01507160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01507778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01473730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07763765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0539926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0676173
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0529009
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0518241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0502151
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02765500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73740
IRS990ScheduleA/PublicSupportPY170Pct00.73500
IRS990ScheduleA/PublicSupportTotal170Amt07763765
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01642908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01632189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01507160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01507778
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01473730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07763765
IRS990ScheduleA/TotalSupportAmt010529265
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01694925
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07950469
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09645394
IRS990ScheduleD/EquipmentGrp/BookValueAmt037652
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0408439
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0446091
IRS990ScheduleD/ExpensesSubtotalAmt02231651
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt037200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt037200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0130369
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1109726
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt236173
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt332553
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4272
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MORTGAGE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4PAINTING RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0256442
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1102503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEVELOPER'S FEE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt02182834
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE TENANTS MOVE OUT OF THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01769777
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0309093
IRS990ScheduleD/TotalExpensesPerForm990Amt02231651
IRS990ScheduleD/TotalLiabilityAmt0358945
IRS990ScheduleD/TotalRevenuePerForm990Amt02182834
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02182834
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02231651
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0251995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SALVATORE GIGANTE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0251995
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SENTRY SECURITY COMPANY INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0251921
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SECURITY SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OPERATES A HOUSING PROJECT FOR THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959. DURING 2023, A REAL ESTATE PROPERTY WAS CHANGED TO THE WAVECREST MANAGEMENT TEAM LTD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZED WITH ONE MEMBER, SEBCO DEVELOPMENT, INC., A NOT FOR PROFIT IRC SECTION 501(C)(3)COMMUNITY BASED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEBCO DEVELOPMENT, INC., THE SOLE MEMBER OF THE ORGANIZATION, HAS THE RIGHT TO APPOINT THE MEMBERS TO THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 IS REVIEWED AND APPROVED BY CONTROLLER AND VICE PRESIDENT BEFORE IT IS FINALIZED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICTS OF INTEREST POLICY IS ENFORCED PURSUANT TO THE NEW YORK STATE NOT-FOR-PROFIT CORPORATION LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS, WHICH ARE PUBLIC RECORDS, ARE AVAILABLE FROM THE NY SECRETARY OF STATE AND PROVIDE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SEBCO DEVELOPMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0132944013
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEVELOPMEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0885 BRUCKNER BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010459
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0256442
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SEBCO DEVELOPMENT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02898514
IRS990/TotalAssetsEOYAmt02780041
IRS990/TotalAssetsGrp/BOYAmt02898514
IRS990/TotalAssetsGrp/EOYAmt02780041
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071682
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02159969
IRS990/TotalFunctionalExpensesGrp/TotalAmt02231651
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07605390
IRS990/TotalLiabilitiesEOYAmt07535734
IRS990/TotalLiabilitiesGrp/BOYAmt07605390
IRS990/TotalLiabilitiesGrp/EOYAmt07535734
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4706876
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4755693
IRS990/TotalProgramServiceExpensesAmt02159969
IRS990/TotalProgramServiceRevenueAmt02182094
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02182834
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02182834
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02898514
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02780041
IRS990/TotReportableCompRltdOrgAmt0391243
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,780,041
Liabilities
$7,535,734
Net assets
-$4,755,693
Revenue
$2,182,834
Expenses
$2,231,651
Net income
-$48,817
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