Civic Intelligence

Sobro Development Corporation

EIN 13-3157572 • 501(c)3 • Bronx, NY

Profile

The organization's primary function is to address south bronx's need for development of local businesses. The organization owns and leases properties in the south bronx that are rented to local businesses.

555 Bergen Avenue 3rd FloorBronx, NY 10455

www.sobro.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.34x

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

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

13.98x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

7th percentile

-44%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

9.3%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

7.4%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$10,778,145

Up $913,174 (+9.3%) from 2022

Liabilities

Up

$14,484,535

Up $1,368,816 (+10%) from 2022

Net Assets

Down

-$3,706,390

Down $455,642 (-14%) from 2022

Operations
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Up

$1,036,433

Up $71,302 (+7.4%) from 2022

Expenses

Down

$1,492,075

Down $563,964 (-27%) from 2022

Net Income

Up

-$455,642

Up $635,266 (+58%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2010: $1,033,850Liabilities 2010: $879,393Net Assets 2010: $154,4572010Assets 2011: $619,583Liabilities 2011: $450,127Net Assets 2011: $169,4562011Assets 2012: $634,219Liabilities 2012: $449,765Net Assets 2012: $184,4542012Assets 2013: $950,335Liabilities 2013: $346,511Net Assets 2013: $603,8242013Assets 2014: $1,149,183Liabilities 2014: $473,378Net Assets 2014: $675,8052014Assets 2015: $1,253,287Liabilities 2015: $536,753Net Assets 2015: $716,5342015Assets 2016: $2,961,232Liabilities 2016: $2,199,514Net Assets 2016: $761,7182016Assets 2017: $7,035,016Liabilities 2017: $7,267,224Net Assets 2017: -$232,2082017Assets 2018: $8,727,768Liabilities 2018: $9,270,140Net Assets 2018: -$542,3722018Assets 2019: $8,140,479Liabilities 2019: $7,880,059Net Assets 2019: $260,4202019Assets 2020: $9,294,912Liabilities 2020: $9,203,779Net Assets 2020: $91,1332020Assets 2021: $9,571,825Liabilities 2021: $11,731,665Net Assets 2021: -$2,159,8402021Assets 2022: $9,864,971Liabilities 2022: $13,115,719Net Assets 2022: -$3,250,7482022Assets 2023: $10,778,145Liabilities 2023: $14,484,535Net Assets 2023: -$3,706,3902023

Highlighted filing

2023

Assets$10,778,145
Liabilities$14,484,535
Net Assets-$3,706,390
Open 2023 Filing

Operations Trend

Revenue Growth51st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $734,5062010Expenses 2011: $622,1402011Expenses 2012: $606,5122012Revenue 2013: $697,939Expenses 2013: $653,069Net Income 2013: $44,8702013Revenue 2014: $671,663Expenses 2014: $599,682Net Income 2014: $71,9812014Revenue 2015: $767,963Expenses 2015: $727,234Net Income 2015: $40,7292015Revenue 2016: $1,112,812Expenses 2016: $1,011,747Net Income 2016: $101,0652016Revenue 2017: $1,289,613Expenses 2017: $2,141,313Net Income 2017: -$851,7002017Revenue 2018: $1,134,937Expenses 2018: $1,445,101Net Income 2018: -$310,1642018Revenue 2019: $2,178,909Expenses 2019: $1,376,117Net Income 2019: $802,7922019Revenue 2020: $910,859Expenses 2020: $530,502Net Income 2020: $380,3572020Revenue 2021: $888,658Expenses 2021: $1,310,399Net Income 2021: -$421,7412021Revenue 2022: $965,131Expenses 2022: $2,056,039Net Income 2022: -$1,090,9082022Revenue 2023: $1,036,433Expenses 2023: $1,492,075Net Income 2023: -$455,6422023

Highlighted filing

2023

Revenue$1,036,433
Expenses$1,492,075
Net Income-$455,642
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$10,778,145
Liabilities
$14,484,535
Net assets
-$3,706,390
Revenue
$1,036,433
Expenses
$1,492,075
Net income
-$455,642
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$10.8$14.5$3.71$1.04$1.49$0.46
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.86$13.1$3.25$0.97$2.06$1.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.57$11.7$2.16$0.89$1.31$0.42
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.29$9.20$0.09$0.91$0.53$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.14$7.88$0.26$2.18$1.38$0.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.73$9.27$0.54$1.13$1.45$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.04$7.27$0.23$1.29$2.14$0.85
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$2.20$0.76$1.11$1.01$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.54$0.72$0.77$0.73$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.47$0.68$0.67$0.60$0.07
2013Summary only. Only limited summary data is available for this year.$0.95$0.35$0.60$0.70$0.65$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.45$0.18$0.61
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.45$0.17$0.62
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.88$0.15$0.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Dec 10, 2024
Return Version
2022v5.0
Gross Receipts
$1,036,433
Mission and Program Overview

Mission

The organization's primary function is to address south bronx's need for development of local businesses. The organization owns and leases properties in the south bronx that are rented to local businesses.

Sobro development corporation encourages the development, retention and expansion of industry and commerce in the south bronx.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,713,512$7,608,445▼ $105,067
Accounts Receivable$1,983,383$2,778,337▲ $794,954
Cash and Non-Interest-Bearing Accounts$59,364$282,651▲ $223,287
Total Assets$9,864,971$10,778,145▲ $913,174
Other Assets Total$108,712$108,712→ $0
Liabilities
Unsecured Notes Loans Payable$6,185,983$6,185,983→ $0
Accounts Payable and Accrued Expenses$4,923,666$6,071,690▲ $1,148,024
Other Liabilities$1,325,201$1,552,239▲ $227,038
Mortgage Notes Payable Secured by Investment Property$680,869$674,623▼ $6,246
Total Liabilities$13,115,719$14,484,535▲ $1,368,816
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,250,748$-3,706,390▼ $455,642
Total Net Assets Fund Balance$-3,250,748$-3,706,390▼ $455,642
Total Liabilities and Net Assets / Fund Balance$9,864,971$10,778,145▲ $913,174

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,687,625-$6,687,625
Buildings$794,176$1,343,082$2,137,258
Leasehold Improvements$126,644$357,151$483,795
Equipment$0$1,087$1,087
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Delilah TysonCAOPT$135,561$135,561
Robin Finney-granstonCFOPT$122,352$122,352

Board Members and Trustees

NameTitle
Mark L CastleBoard Chair
Lourdes ZapataPresident & CEO
Arline ParksVice Chair
Karen McguinnessVice Chair
Conor MccarthyBoard Member
Hugh GrantBoard Member
Jennifer RiveraBoard Member
Lauren GeorgeBoard Member
Mayra Linares-garciaBoard Member
Patricia Nia RockBoard Member
Plinio AyalaBoard Member
Prisca Salazar-rodriguezBoard Member
Tiffani HindsBoard Member
William Bill BollingerBoard Member
Anthony M Riccio JrSecretary
Mark WillisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,015,869
Investment Income
$0
Other Revenue
$20,564
Change in Net Assets
$-455,642

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,036,433
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,036,433
Total Revenue per Form 990
$1,036,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,492,075
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$597,211--$597,211
Interest$7,403$374,650-$382,053
Insurance$142,875$35,719-$178,594
Depreciation Depletion-$104,626-$104,626
Other Expenses$37,311$16,562-$37,311
Fees for Services Legal$7,114$1,778-$8,892
All Other Expenses$-71,969$454-$-71,515
Total Functional Expenses$931,797$560,278$0$1,492,075

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,492,075
Total Expenses per Audited Statements$1,492,075
Total Expenses per Form 990$1,492,075
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due to Related Organization$1,461,362
Security Deposit Held in Trust$90,877
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have committees.”

Form 990, Part VI, Section B, Line 11B

“A draft copy of form 990 is sent for review to the organization's governing board. The board reviews it and recomends any changes. The board then approves the final return before it is filed with the irs.”

Form 990, Part VI, Section C, Line 18

“Sobro development corporation's financial statements are available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“Sobro development corporation's financial statements are available to the public upon request.”

Form 990, Part VI, Section B, Lines 12A, 12B, 12C, 13, 14

“The organization follows the policies of its parent organization, south bronx economic development corporation. However, it has not formally adoted them as its own policies.”

Filing and Contact Details

Filer

Filer Name
Sobro Development Corporation
EIN
13-3157572
Phone
7182923113
Address
555 BERGEN AVENUE 3RD FLOOR, BRONX, NY 10455

Signing Officer

Name
Mark Willis
Title
Board Chair
Phone
7182923113
Signed
2024-12-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Geer
Formed
1981
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
18

Preparer

Firm
Sax Llp
Address
389 INTERPACE PARKWAY STE 3, PARSIPPANY, NJ 07054
Preparer
Marqus White
Phone
9734726250
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization are exempt from income taxes under section 501(c)(3) of the internal revenue code and a similar provision of state law. East 188th street apt. Housing development fund corporation, jasmine court housing development corp., sobro lenox corp., and woodycrest housing development fund corp. Are all tax-exempt corporations. These entities are subject to federal income tax on any unrelated business taxable income. These entities file tax returns in the u.s. Federal jurisdiction. Management evaluated the organization's tax positions in accordance with asc 740, uncertainty for income taxes and concluded that the organization had taken no uncertain tax positions that require adjustment to the consolidated and combined financial statements to comply with the provisions of this guidance.”

Raw XML AppendixShowing 400 of 737 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SOBRO DEVELOPMENT CORPORATION ENCOURAGES THE DEVELOPMENT, RETENTION AND EXPANSION OF INDUSTRY AND COMMERCE IN THE SOUTH BRONX.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0454
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-71969
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IRS990/CYRevenuesLessExpensesAmt0-455642
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IRS990/Desc0THE ORGANIZATION'S PRIMARY FUNCTION IS TO ADDRESS SOUTH BRONX'S NEEDS FOR DEVELOPMENT OF LOCAL BUSINESSES. THE ORGANIZATION OWNS AND LEASES PROPERTIES IN THE SOUTH BRONX THAT ARE RENTED TO LOCAL BUSINESSES.
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IRS990/Form990PartVIISectionAGrp/PersonNm1ARLINE PARKS
IRS990/Form990PartVIISectionAGrp/PersonNm2KAREN MCGUINNESS
IRS990/Form990PartVIISectionAGrp/PersonNm3ANTHONY M RICCIO JR
IRS990/Form990PartVIISectionAGrp/PersonNm4MAYRA LINARES-GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm5HUGH GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK WILLIS
IRS990/Form990PartVIISectionAGrp/PersonNm7PLINIO AYALA
IRS990/Form990PartVIISectionAGrp/PersonNm8TIFFANI HINDS
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM BILL BOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm10LAUREN GEORGE
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IRS990/Form990PartVIISectionAGrp/PersonNm12JENNIFER RIVERA
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IRS990/Form990PartVIISectionAGrp/PersonNm16DELILAH TYSON
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBIN FINNEY-GRANSTON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15245053
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16135519
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17102985
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01036433
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt035719
IRS990/InsuranceGrp/ProgramServicesAmt0142875
IRS990/InsuranceGrp/TotalAmt0178594
IRS990/InterestGrp/ManagementAndGeneralAmt0374650
IRS990/InterestGrp/ProgramServicesAmt07403
IRS990/InterestGrp/TotalAmt0382053
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01701320
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07713512
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07608445
IRS990/LandBldgEquipCostOrOtherBssAmt09309765
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S PRIMARY FUNCTION IS TO ADDRESS SOUTH BRONX'S NEED FOR DEVELOPMENT OF LOCAL BUSINESSES. THE ORGANIZATION OWNS AND LEASES PROPERTIES IN THE SOUTH BRONX THAT ARE RENTED TO LOCAL BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0680869
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0674623
IRS990/NetAssetsOrFundBalancesBOYAmt0-3250748
IRS990/NetAssetsOrFundBalancesEOYAmt0-3706390
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3250748
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3706390
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0597211
IRS990/OccupancyGrp/TotalAmt0597211
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0108712
IRS990/OtherAssetsTotalGrp/EOYAmt0108712
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT LEASE/RENTAL
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026489
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116562
IRS990/OtherExpensesGrp/ProgramServicesAmt0105955
IRS990/OtherExpensesGrp/ProgramServicesAmt166248
IRS990/OtherExpensesGrp/ProgramServicesAmt239649
IRS990/OtherExpensesGrp/ProgramServicesAmt337311
IRS990/OtherExpensesGrp/TotalAmt0132444
IRS990/OtherExpensesGrp/TotalAmt182810
IRS990/OtherExpensesGrp/TotalAmt239649
IRS990/OtherExpensesGrp/TotalAmt337311
IRS990/OtherLiabilitiesGrp/BOYAmt01325201
IRS990/OtherLiabilitiesGrp/EOYAmt01552239
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020564
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020564
IRS990/OtherRevenueTotalAmt020564
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KAREN GEER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01015869
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01015869
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02056039
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0965131
IRS990/PYRevenuesLessExpensesAmt0-1090908
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02056039
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0965131
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-455642
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01036433
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2018 AMOUNT: $ 72,633. 2019 AMOUNT: $ 257,777. 2022 AMOUNT: $ 20,564.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01036433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0965131
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0888658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0653082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01650809
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05194113
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt020564
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0257777
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt072633
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0350974
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93670
IRS990ScheduleA/PublicSupportPY509Pct00.93930
IRS990ScheduleA/PublicSupportTotal509Amt05194113
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01036433
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0965131
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0888658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0653082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01650809
IRS990ScheduleA/Total509Grp/TotalAmt05194113
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01056997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0965131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0888658
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0910859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01723442
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05545087
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0794176
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01343082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02137258
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01087
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01087
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01492075
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0126644
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0357151
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0483795
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06687625
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06687625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01461362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt190877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01036433
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. EAST 188TH STREET APT. HOUSING DEVELOPMENT FUND CORPORATION, JASMINE COURT HOUSING DEVELOPMENT CORP., SOBRO LENOX CORP., AND WOODYCREST HOUSING DEVELOPMENT FUND CORP. ARE ALL TAX-EXEMPT CORPORATIONS. THESE ENTITIES ARE SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THESE ENTITIES FILE TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS IN ACCORDANCE WITH ASC 740, UNCERTAINTY FOR INCOME TAXES AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07608445
IRS990ScheduleD/TotalExpensesPerForm990Amt01492075
IRS990ScheduleD/TotalLiabilityAmt01552239
IRS990ScheduleD/TotalRevenuePerForm990Amt01036433
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01036433
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01492075

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