Civic Intelligence

Milltwee Housing Development Fund Company Inc.

990 • Fiscal year 2022 • EIN 13-3124888

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 15, 2023

Organization ProfileN/A
145 East 126th StreetNew York, NY 10035

(646) 672-1503

Siviq Scores

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

Liabilities / Assets

83rd percentile

1.47x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • NTEE L • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

5.44x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • NTEE L • $1M-$5M nonprofits • Source year 2022

Net Margin

30th percentile

-23%

Higher net margin than 30% of similar nonprofits.

2022 filings • NTEE L • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2022 filings • NTEE L • $1M-$5M nonprofits • Source year 2022

Asset Growth

57th percentile

-1.1%

Faster asset growth than 57% of similar nonprofits.

2022 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

18th percentile

-8.3%

Faster revenue growth than 18% of similar nonprofits.

2022 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$3,743,254

Down $40,882 (-1.1%) from 2021

Net Assets

Down

-$1,754,531

Down $233,594 (-15%) from 2021

Liabilities

Up

$5,497,785

Up $192,712 (+3.6%) from 2021

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin30th percentile

Revenue

Down

$1,010,844

Down $91,228 (-8.3%) from 2021

Expenses

Up

$1,244,438

Up $65,384 (+5.5%) from 2021

Net Income

Down

-$233,594

Down $156,612 (-203%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $2,944,133Liabilities 2011: $5,245,225Net Assets 2011: -$2,301,0922011Assets 2013: $2,692,158Liabilities 2013: $5,500,138Net Assets 2013: -$2,807,9802013Assets 2014: $2,726,341Liabilities 2014: $3,886,092Net Assets 2014: -$1,159,7512014Assets 2015: $4,684,775Liabilities 2015: $5,883,437Net Assets 2015: -$1,198,6622015Assets 2016: $4,559,628Liabilities 2016: $5,787,912Net Assets 2016: -$1,228,2842016Assets 2017: $4,518,301Liabilities 2017: $5,397,480Net Assets 2017: -$879,1792017Assets 2018: $4,135,962Liabilities 2018: $5,247,151Net Assets 2018: -$1,111,1892018Assets 2019: $3,977,783Liabilities 2019: $5,185,436Net Assets 2019: -$1,207,6532019Assets 2020: $4,001,016Liabilities 2020: $5,444,971Net Assets 2020: -$1,443,9552020Assets 2021: $3,784,136Liabilities 2021: $5,305,073Net Assets 2021: -$1,520,9372021Assets 2022: $3,743,254Liabilities 2022: $5,497,785Net Assets 2022: -$1,754,5312022Assets 2023: $3,495,515Liabilities 2023: $5,541,879Net Assets 2023: -$2,046,3642023Assets 2024: $3,266,579Liabilities 2024: $5,661,625Net Assets 2024: -$2,395,0462024

Highlighted filing

2022

Assets$3,743,254
Liabilities$5,497,785
Net Assets-$1,754,531
Open 2022 Filing

Operations Trend

Revenue Growth18th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,001,806Expenses 2011: $1,147,727Net Income 2011: -$145,9212011Revenue 2013: $1,017,378Expenses 2013: $1,050,562Net Income 2013: -$33,1842013Revenue 2014: $992,207Expenses 2014: $1,088,294Net Income 2014: -$96,0872014Revenue 2015: $1,025,458Expenses 2015: $1,064,369Net Income 2015: -$38,9112015Revenue 2016: $987,503Expenses 2016: $1,017,125Net Income 2016: -$29,6222016Revenue 2017: $1,052,411Expenses 2017: $1,107,689Net Income 2017: -$55,2782017Revenue 2018: $1,009,443Expenses 2018: $1,241,453Net Income 2018: -$232,0102018Revenue 2019: $1,006,884Expenses 2019: $1,103,348Net Income 2019: -$96,4642019Revenue 2020: $1,006,579Expenses 2020: $1,242,881Net Income 2020: -$236,3022020Revenue 2021: $1,102,072Expenses 2021: $1,179,054Net Income 2021: -$76,9822021Revenue 2022: $1,010,844Expenses 2022: $1,244,438Net Income 2022: -$233,5942022Revenue 2023: $962,317Expenses 2023: $1,254,150Net Income 2023: -$291,8332023Revenue 2024: $910,407Expenses 2024: $1,261,801Net Income 2024: -$351,3942024

Highlighted filing

2022

Revenue$1,010,844
Expenses$1,244,438
Net Income-$233,594
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 15, 2023
Return Version
2021v4.0
Gross Receipts
$1,010,844
Mission and Program Overview

Mission

Help low income inner city elderly in housing and other essential living need.

Providing housing to elderly and handicapped families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,328,372$2,287,564▼ $40,808
Intangible Assets$528,703$504,515▼ $24,188
Prepaid Expenses and Deferred Charges$44,210$45,548▲ $1,338
Accounts Receivable$19,044$22,536▲ $3,492
Cash and Non-Interest-Bearing Accounts$7,905$15,004▲ $7,099
Total Assets$3,784,136$3,743,254▼ $40,882
Other Assets Total$855,902$868,087▲ $12,185
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,874,710$4,761,109▼ $113,601
Accounts Payable and Accrued Expenses$408,166$709,669▲ $301,503
Other Liabilities$13,658$14,029▲ $371
Deferred Revenue$8,539$12,978▲ $4,439
Total Liabilities$5,305,073$5,497,785▲ $192,712
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,520,937$-1,754,531▼ $233,594
Total Net Assets Fund Balance$-1,520,937$-1,754,531▼ $233,594
Total Liabilities and Net Assets / Fund Balance$3,784,136$3,743,254▼ $40,882

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,249,270$4,091,954$6,341,224
Equipment$26,294$64,903$91,197
Other Land Buildings-$43,762$43,762
Land$12,000-$12,000
Other Assets Org$6,436--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Derrick TaittPresdent
Beverly PabonTreasurer
Diana SpannVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Prime Protective BureauSecurity1600 MADISON AVENUE, New York, NY 10029$193,654
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,004,927
Investment Income
$72
Other Revenue
$5,845
Change in Net Assets
$-233,594

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,010,844
Total Revenue per Audited Statements
$1,010,844
Total Revenue per Form 990
$1,010,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,105,142
Salaries, Compensation, and Employee Benefits$139,296
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$193,971--$193,971
Interest$139,865--$139,865
Other Salaries and Wages$85,054$30,052-$115,106
Occupancy$106,995--$106,995
Insurance$52,874--$52,874
Fees for Services Legal$50,182--$50,182
All Other Expenses$30,346$16,261-$46,607
Other Expenses$29,618--$29,618
Fees for Services Management-$28,560-$28,560
Fees for Services Accounting$21,150--$21,150
Other Employee Benefits$11,159$3,943-$15,102
Payroll Taxes$6,715$2,373-$9,088
Office Expenses-$5,431-$5,431
Fees for Services Other-$3,407-$3,407
Total Functional Expenses$1,154,411$90,027$0$1,244,438

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,244,438
Total Expenses per Audited Statements$1,244,438
Total Expenses per Form 990$1,244,438
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
Tenant Security Deposits$8,829
Other Liabilities$5,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No

Governance Explanations

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

“Form 990 is reviewed by the management company and then sent to all board members for their review and comments before it is filed.”

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

“The board of directors has adopted the conflict of interest policy which requires annual disclosures from all directors and trustees and staff and follow up on all issues identified therein.”

Form 990, Page 6, Part VI, Line 19

“All governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Milltwee Housing Development Fund
EIN
13-3124888
Phone
6466721503
Address
145 EAST 126TH STREET, NEW YORK, NY 10035

Signing Officer

Name
Derrick Taitt
Title
Presdent
Phone
6466721503
Signed
2023-08-15

Organization Details

Principal Officer
Derrick Taitt
Formed
1989
Voting Board Members
4
Independent Board Members
4
Employees
2

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
586 ROUTE 304, NEW CITY, NY 10956
Preparer
Luis C Rivera
Phone
8456383113
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Milltwee hdfc has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material incertain tax positions qualify for each recognition or disclosure in the financial statements. Milltwee hdfc is no longer subject to federal or state and local tax examinations by tax authorities for the years prior to september 30, 2019.”

Raw XML AppendixShowing 400 of 410 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/BOYAmt0408166
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0709669
IRS990/AccountsReceivableGrp/BOYAmt019044
IRS990/AccountsReceivableGrp/EOYAmt022536
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING HOUSING TO ELDERLY AND HANDICAPPED FAMILIES.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt016261
IRS990/AllOtherExpensesGrp/ProgramServicesAmt030346
IRS990/AllOtherExpensesGrp/TotalAmt046607
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0PRESTIGE MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum07188227377
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 ZEREGA AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010462
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt07905
IRS990/CashNonInterestBearingGrp/EOYAmt015004
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0193654
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01600 MADISON AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010029
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PRIME PROTECTIVE BUREAU
IRS990/ContractorCompensationGrp/ServicesDesc0SECURITY
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt072
IRS990/CYOtherExpensesAmt01105142
IRS990/CYOtherRevenueAmt05845
IRS990/CYProgramServiceRevenueAmt01004927
IRS990/CYRevenuesLessExpensesAmt0-233594
IRS990/CYSalariesCompEmpBnftPaidAmt0139296
IRS990/CYTotalExpensesAmt01244438
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01010844
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt08539
IRS990/DeferredRevenueGrp/EOYAmt012978
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0193971
IRS990/DepreciationDepletionGrp/TotalAmt0193971
IRS990/Desc0PROVIDING HOUSING AND ELDERLY AND HANDICAPPED FAMILIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01154411
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt021150
IRS990/FeesForServicesAccountingGrp/TotalAmt021150
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt050182
IRS990/FeesForServicesLegalGrp/TotalAmt050182
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt028560
IRS990/FeesForServicesManagementGrp/TotalAmt028560
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03407
IRS990/FeesForServicesOtherGrp/TotalAmt03407
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0BEVERLY PABON
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANA SPANN
IRS990/Form990PartVIISectionAGrp/PersonNm2DERRICK TAITT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01010844
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt052874
IRS990/InsuranceGrp/TotalAmt052874
IRS990/IntangibleAssetsGrp/BOYAmt0528703
IRS990/IntangibleAssetsGrp/EOYAmt0504515
IRS990/InterestGrp/ProgramServicesAmt0139865
IRS990/InterestGrp/TotalAmt0139865
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt072
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04200619
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02328372
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02287564
IRS990/LandBldgEquipCostOrOtherBssAmt06488183
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING HOUSING TO ELDERLY AND HANDICAPPED FAMILIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04874710
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04761109
IRS990/NetAssetsOrFundBalancesBOYAmt0-1520937
IRS990/NetAssetsOrFundBalancesEOYAmt0-1754531
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1520937
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1754531
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0106995
IRS990/OccupancyGrp/TotalAmt0106995
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05431
IRS990/OfficeExpensesGrp/TotalAmt05431
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0855902
IRS990/OtherAssetsTotalGrp/EOYAmt0868087
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03943
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011159
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015102
IRS990/OtherExpensesGrp/Desc0SECURITY
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINT.
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3SUPER UNIT
IRS990/OtherExpensesGrp/ProgramServicesAmt0193654
IRS990/OtherExpensesGrp/ProgramServicesAmt1157645
IRS990/OtherExpensesGrp/ProgramServicesAmt275183
IRS990/OtherExpensesGrp/ProgramServicesAmt329618
IRS990/OtherExpensesGrp/TotalAmt0193654
IRS990/OtherExpensesGrp/TotalAmt1157645
IRS990/OtherExpensesGrp/TotalAmt275183
IRS990/OtherExpensesGrp/TotalAmt329618
IRS990/OtherLiabilitiesGrp/BOYAmt013658
IRS990/OtherLiabilitiesGrp/EOYAmt014029
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05845
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05845
IRS990/OtherRevenueTotalAmt05845
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030052
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt085054
IRS990/OtherSalariesAndWagesGrp/TotalAmt0115106
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02373
IRS990/PayrollTaxesGrp/ProgramServicesAmt06715
IRS990/PayrollTaxesGrp/TotalAmt09088
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044210
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045548
IRS990/PrincipalOfficerNm0DERRICK TAITT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01004927
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01004927
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt050
IRS990/PYOtherExpensesAmt01034945
IRS990/PYOtherRevenueAmt08005
IRS990/PYProgramServiceRevenueAmt01000017
IRS990/PYRevenuesLessExpensesAmt0-76982
IRS990/PYSalariesCompEmpBnftPaidAmt0144109
IRS990/PYTotalExpensesAmt01179054
IRS990/PYTotalRevenueAmt01102072
IRS990/ReconcilationRevenueExpnssAmt0-233594
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt041,399
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01010844
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01094017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01001012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0986792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01001758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05094423
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08055
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05567
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt020092
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07685
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041399
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99190
IRS990ScheduleA/PublicSupportTotal509Amt05094423
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01010844
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01094017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01001012
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0986792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01001758
IRS990ScheduleA/Total509Grp/TotalAmt05094423
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01010844
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01102072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01006579
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01006884
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01009443
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05135822
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02249270
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04091954
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06341224
IRS990ScheduleD/EquipmentGrp/BookValueAmt026294
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064903
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt091197
IRS990ScheduleD/ExpensesSubtotalAmt01244438
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt012000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt012000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0334037
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1319350
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2115439
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt376003
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt49024
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt57798
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt66436
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOARD RESERVE ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM HUD
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6OTHER DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt043762
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/RevenueSubtotalAmt01010844
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MILLTWEE HDFC HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL INCERTAIN TAX POSITIONS QUALIFY FOR EACH RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MILLTWEE HDFC IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS PRIOR TO SEPTEMBER 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02287564
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0868087
IRS990ScheduleD/TotalExpensesPerForm990Amt01244438
IRS990ScheduleD/TotalLiabilityAmt014029
IRS990ScheduleD/TotalRevenuePerForm990Amt01010844
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01010844
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01244438
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE MANAGEMENT COMPANY AND THEN SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND COMMENTS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS HAS ADOPTED THE CONFLICT OF INTEREST POLICY WHICH REQUIRES ANNUAL DISCLOSURES FROM ALL DIRECTORS AND TRUSTEES AND STAFF AND FOLLOW UP ON ALL ISSUES IDENTIFIED THEREIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BusinessNameLine1Txt0COMMUNITY ASSOCIATION OF THE EAST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0HARLEM TRIANGLE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0132551868
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0145 EAST 126TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010035
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03784136
IRS990/TotalAssetsEOYAmt03743254
IRS990/TotalAssetsGrp/BOYAmt03784136
IRS990/TotalAssetsGrp/EOYAmt03743254
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01154411
IRS990/TotalFunctionalExpensesGrp/TotalAmt01244438
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05305073
IRS990/TotalLiabilitiesEOYAmt05497785
IRS990/TotalLiabilitiesGrp/BOYAmt05305073
IRS990/TotalLiabilitiesGrp/EOYAmt05497785
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1520937
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1754531
IRS990/TotalProgramServiceExpensesAmt01154411
IRS990/TotalProgramServiceRevenueAmt01004927
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01010844
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01010844
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03784136
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03743254
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DERRICK TAITT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06466721503
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILLTWEE HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CO INC
ReturnHeader/Filer/BusinessNameControlTxt0MILL
ReturnHeader/Filer/EIN0133124888
ReturnHeader/Filer/PhoneNum06466721503
ReturnHeader/Filer/USAddress/AddressLine1Txt0145 EAST 126TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010035
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133747593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VARGAS & RIVERA CPA'S LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0586 ROUTE 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010956

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,743,254
Liabilities
$5,497,785
Net assets
-$1,754,531
Revenue
$1,010,844
Expenses
$1,244,438
Net income
-$233,594
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$5.66$2.40$0.91$1.26$0.35
2023Detailed filing. Detailed filing data is available for this year.$3.50$5.54$2.05$0.96$1.25$0.29
2022Detailed filing. Detailed filing data is available for this year.$3.74$5.50$1.75$1.01$1.24$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$5.31$1.52$1.10$1.18$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$5.44$1.44$1.01$1.24$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.98$5.19$1.21$1.01$1.10$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.14$5.25$1.11$1.01$1.24$0.23
2017Detailed filing. Detailed filing data is available for this year.$4.52$5.40$0.88$1.05$1.11$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.56$5.79$1.23$0.99$1.02$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$5.88$1.20$1.03$1.06$0.04
2014Summary only. Only limited summary data is available for this year.$2.73$3.89$1.16$0.99$1.09$0.10
2013Summary only. Only limited summary data is available for this year.$2.69$5.50$2.81$1.02$1.05$0.03
2011Summary only. Only limited summary data is available for this year.$2.94$5.25$2.30$1.00$1.15$0.15