Civic Intelligence

St Thomas Episcopal Senior Citizens Housing Development Fund Corporation

EIN 13-3162242 • 501(c)3 • Brooklyn, NY

Profile

To provide 103 apartment units of low-income housing to elderly and handicapped persons.

1405 Bushwick AvenueBrooklyn, NY 11207

n/A

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.93x

Higher debt load relative to assets than 73% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

5.19x

Higher debt load relative to revenue than 68% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Net Margin

21st percentile

-15%

Higher net margin than 21% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

NTEE L • $10M-$25M nonprofits • Source year 2024

Asset Growth

10th percentile

-6.2%

Faster asset growth than 10% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

6.0%

Faster revenue growth than 53% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$18,095,249

Down $1,192,211 (-6.2%) from 2023

Liabilities

Down

$16,757,234

Down $723,493 (-4.1%) from 2023

Net Assets

Down

$1,338,015

Down $468,718 (-26%) from 2023

Revenue

Up

$3,231,111

Up $182,200 (+6.0%) from 2023

Expenses

Up

$3,699,829

Up $1,684,163 (+84%) from 2023

Net Income

Down

-$468,718

Down $1,501,963 (-145%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2011: $3,074,391Liabilities 2011: $4,130,497Net Assets 2011: -$1,056,1062011Assets 2012: $2,890,403Liabilities 2012: $3,935,135Net Assets 2012: -$1,044,7322012Assets 2013: $2,786,564Liabilities 2013: $3,682,805Net Assets 2013: -$896,2412013Assets 2014: $2,638,741Liabilities 2014: $3,452,183Net Assets 2014: -$813,4422014Assets 2015: $2,595,529Liabilities 2015: $3,327,711Net Assets 2015: -$732,1822015Assets 2016: $2,273,034Liabilities 2016: $2,901,214Net Assets 2016: -$628,1802016Assets 2017: $2,026,996Liabilities 2017: $2,554,426Net Assets 2017: -$527,4302017Assets 2018: $1,811,264Liabilities 2018: $2,383,689Net Assets 2018: -$572,4252018Assets 2019: $1,703,617Liabilities 2019: $2,078,250Net Assets 2019: -$374,6332019Assets 2020: $1,568,282Liabilities 2020: $1,498,554Net Assets 2020: $69,7282020Assets 2021: $1,611,574Liabilities 2021: $1,196,420Net Assets 2021: $415,1542021Assets 2022: $1,571,672Liabilities 2022: $798,184Net Assets 2022: $773,4882022Assets 2023: $19,287,460Liabilities 2023: $17,480,727Net Assets 2023: $1,806,7332023Assets 2024: $18,095,249Liabilities 2024: $16,757,234Net Assets 2024: $1,338,0152024

Highlighted filing

2024

Assets$18,095,249
Liabilities$16,757,234
Net Assets$1,338,015

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,815,395Expenses 2011: $1,697,054Net Income 2011: $118,3412011Revenue 2012: $1,734,355Expenses 2012: $1,722,981Net Income 2012: $11,3742012Revenue 2013: $1,839,750Expenses 2013: $1,691,259Net Income 2013: $148,4912013Revenue 2014: $1,864,999Expenses 2014: $1,782,200Net Income 2014: $82,7992014Revenue 2015: $1,891,994Expenses 2015: $1,810,734Net Income 2015: $81,2602015Revenue 2016: $1,935,656Expenses 2016: $1,831,654Net Income 2016: $104,0022016Revenue 2017: $1,959,785Expenses 2017: $1,859,035Net Income 2017: $100,7502017Revenue 2018: $1,917,406Expenses 2018: $1,962,401Net Income 2018: -$44,9952018Revenue 2019: $2,189,508Expenses 2019: $1,991,716Net Income 2019: $197,7922019Revenue 2020: $2,296,776Expenses 2020: $1,852,415Net Income 2020: $444,3612020Revenue 2021: $2,411,787Expenses 2021: $2,066,361Net Income 2021: $345,4262021Revenue 2022: $2,274,570Expenses 2022: $1,916,236Net Income 2022: $358,3342022Revenue 2023: $3,048,911Expenses 2023: $2,015,666Net Income 2023: $1,033,2452023Revenue 2024: $3,231,111Expenses 2024: $3,699,829Net Income 2024: -$468,7182024

Highlighted filing

2024

Revenue$3,231,111
Expenses$3,699,829
Net Income-$468,718

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.1$16.8$1.34$3.23$3.70$0.47
2023Detailed filing. Detailed filing data is available for this year.$19.3$17.5$1.81$3.05$2.02$1.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.80$0.77$2.27$1.92$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$1.20$0.42$2.41$2.07$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.50$0.07$2.30$1.85$0.44
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.70$2.08$0.37$2.19$1.99$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$2.38$0.57$1.92$1.96$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$2.55$0.53$1.96$1.86$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.27$2.90$0.63$1.94$1.83$0.10
2015Summary only. Only limited summary data is available for this year.$2.60$3.33$0.73$1.89$1.81$0.08
2014Summary only. Only limited summary data is available for this year.$2.64$3.45$0.81$1.86$1.78$0.08
2013Summary only. Only limited summary data is available for this year.$2.79$3.68$0.90$1.84$1.69$0.15
2012Summary only. Only limited summary data is available for this year.$2.89$3.94$1.04$1.73$1.72$0.01
2011Summary only. Only limited summary data is available for this year.$3.07$4.13$1.06$1.82$1.70$0.12
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$3,048,911
Mission and Program Overview

Mission

To provide 103 apartment units of low-income housing to elderly and handicapped persons.

To develop housing facilities and services for elderly and handicapped persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$750,919$4,530,321▲ $3,779,402
Cash and Non-Interest-Bearing Accounts$199,046$347,171▲ $148,125
Prepaid Expenses and Deferred Charges$2,854$189,562▲ $186,708
Accounts Receivable$124,501$62,209▼ $62,292
Total Assets$1,571,672$19,287,460▲ $17,715,788
Other Assets Total$494,352$14,158,197▲ $13,663,845
Liabilities
Mortgage Notes Payable Secured by Investment Property$319,945$16,545,046▲ $16,225,101
Accounts Payable and Accrued Expenses$407,351$862,811▲ $455,460
Deferred Revenue$41,929$43,356▲ $1,427
Escrow Account Liability$28,840$29,395▲ $555
Other Liabilities$119$119→ $0
Total Liabilities$798,184$17,480,727▲ $16,682,543
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$773,488$1,806,733▲ $1,033,245
Total Net Assets Fund Balance$773,488$1,806,733▲ $1,033,245
Total Liabilities and Net Assets / Fund Balance$1,571,672$19,287,460▲ $17,715,788

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,828,118$6,216,212$10,044,330
Equipment$587,526$657,365$1,244,891
Land$114,677-$114,677
Other Land Buildings$0$24,935$24,935
Other Assets Org$14,128,827--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Sully Sam-guillaumePresident
Jullian JosephSecretary
Robert FerrymanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Madison Security Group INCSecurity Services31-37 KIRK STREET, Lowell, MA 01852$238,299
L&r Home ImprovementRepair & Maintenance780 PILOT HOUSE DR STE 400B, Newport News, VA 23608$117,265
Acro Service CorpManagement Services39209 SIX MILE ROAD SUITE 160, Livonia, MI 48152$104,122
Revenue and Support

Revenue Composition

Contributions and Grants
$2,619,221
Program Service Revenue
$373,458
Investment Income
$27,023
Other Revenue
$29,209
Change in Net Assets
$1,033,245

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,048,911
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,048,911
Total Revenue per Form 990
$3,048,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,613,943
Salaries, Compensation, and Employee Benefits$401,723
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$704,743$31,703-$736,446
Other Salaries and Wages$208,077$62,388-$270,465
Fees for Services Other$221,255$2,808-$224,063
Insurance$183,606--$183,606
Other Employee Benefits$78,276$23,470-$101,746
Fees for Services Management-$82,629-$82,629
Office Expenses$45,673$28,120-$73,793
Depreciation Depletion$62,790--$62,790
Fees for Services Accounting-$30,638-$30,638
Payroll Taxes$22,704$6,808-$29,512
Other Expenses$12,111$12,370-$24,481
Information Technology-$10,049-$10,049
Travel-$206-$206
Total Functional Expenses$1,654,544$361,122$0$2,015,666

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,015,666
Total Expenses per Audited Statements$2,015,666
Total Expenses per Form 990$2,015,666
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
Deposit Refunds in Transit$94
Miscellaneous$25
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has entered into a property management agreement with an unrelated third party, arco management corp, which provides property management, bookkeeping services and administrative services to the entity. The total paid to arco management corp during the calendar year for these services was $82,629. There were no board members compensated by the management company.

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

The organization did not keep minutes of the governing body meetings.

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

The organization did not keep minutes of the committee meetings.

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

The organization uses an outside accounting firm for the preparation of its form 990. Once prepared, the return is reviewed by the president of the organization, along with the organization's management company. Following their review, the return is filed with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is available on guidestar.org and other similar types of websites. In addition, the articles of incorporation, bylaws, and financial statements are also available upon written request.

Filing and Contact Details

Filer

Filer Name
St Thomas Episcopal Senior Citizens
EIN
13-3162242
Phone
7184522332
Address
1405 BUSHWICK AVENUE, BROOKLYN, NY 11207

Signing Officer

Name
Robert Ferryman
Title
Treasurer
Phone
7184522332
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Ferryman
Formed
1979
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
5
Volunteers
3

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Joseph Connolly
Phone
9143818900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services: program service expenses 193,291. Management and general expenses 2,808. Fundraising expenses 0. Total expenses 196,099. Maintenance contracts: program service expenses 27,964. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,964.

FORM 990, PART XII, LINE 2C:

The organization's full board assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.

Financial Statement Notes

PART IV, LINE 2B:

Funds for the personal use of residents and funds received as security deposits for services are held in trust for them by the company. These funds are segregated in a separate interest-bearing account for the tenants' benefit and are not available for other uses.

PART X, LINE 2:

The company recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the company had no uncertain tax positions that would require financial statement recognition or disclosure. The company is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to december 31, 2020.

Raw XML AppendixShowing 400 of 446 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0407351
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0862811
IRS990/AccountsReceivableGrp/BOYAmt0124501
IRS990/AccountsReceivableGrp/EOYAmt062209
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO DEVELOP HOUSING FACILITIES AND SERVICES FOR ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME.
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ARCO MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum07184522332
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04 EXECUTIVE BLVD SUITE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0SUFFERN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010901
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0199046
IRS990/CashNonInterestBearingGrp/EOYAmt0347171
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0238299
IRS990/ContractorCompensationGrp/CompensationAmt1117265
IRS990/ContractorCompensationGrp/CompensationAmt2104122
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt031-37 KIRK STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1780 PILOT HOUSE DR STE 400B
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt239209 SIX MILE ROAD SUITE 160
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOWELL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1NEWPORT NEWS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2LIVONIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001852
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd123608
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd248152
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MADISON SECURITY GROUP INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1L&R HOME IMPROVEMENT
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ACRO SERVICE CORP
IRS990/ContractorCompensationGrp/ServicesDesc0SECURITY SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1REPAIR & MAINTENANCE
IRS990/ContractorCompensationGrp/ServicesDesc2MANAGEMENT SERVICES
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02619221
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027023
IRS990/CYOtherExpensesAmt01613943
IRS990/CYOtherRevenueAmt029209
IRS990/CYProgramServiceRevenueAmt0373458
IRS990/CYRevenuesLessExpensesAmt01033245
IRS990/CYSalariesCompEmpBnftPaidAmt0401723
IRS990/CYTotalExpensesAmt02015666
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03048911
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt041929
IRS990/DeferredRevenueGrp/EOYAmt043356
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt062790
IRS990/DepreciationDepletionGrp/TotalAmt062790
IRS990/Desc0TO PROVIDE 103 APARTMENT UNITS OF LOW-INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt028840
IRS990/EscrowAccountLiabilityGrp/EOYAmt029395
IRS990/ExpenseAmt01654544
IRS990/FamilyOrBusinessRlnInd00
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IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030638
IRS990/FeesForServicesAccountingGrp/TotalAmt030638
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt082629
IRS990/FeesForServicesManagementGrp/TotalAmt082629
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02808
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0221255
IRS990/FeesForServicesOtherGrp/TotalAmt0224063
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.00
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/PersonNm0REV SULLY SAM-GUILLAUME
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT FERRYMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JULLIAN JOSEPH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
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IRS990/GovernmentGrantsAmt02619221
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
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IRS990/GrossReceiptsAmt03048911
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt010049
IRS990/InsuranceGrp/ProgramServicesAmt0183606
IRS990/InsuranceGrp/TotalAmt0183606
IRS990/InvestmentIncomeGrp/ExclusionAmt027023
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027023
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06898512
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0750919
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04530321
IRS990/LandBldgEquipCostOrOtherBssAmt011428833
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0TO PROVIDE 103 APARTMENT UNITS OF LOW-INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0319945
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016545046
IRS990/NetAssetsOrFundBalancesBOYAmt0773488
IRS990/NetAssetsOrFundBalancesEOYAmt01806733
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt021780
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt021780
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0773488
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01806733
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt031703
IRS990/OccupancyGrp/ProgramServicesAmt0704743
IRS990/OccupancyGrp/TotalAmt0736446
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028120
IRS990/OfficeExpensesGrp/ProgramServicesAmt045673
IRS990/OfficeExpensesGrp/TotalAmt073793
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0494352
IRS990/OtherAssetsTotalGrp/EOYAmt014158197
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023470
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt078276
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0101746
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt069933
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112370
IRS990/OtherExpensesGrp/ProgramServicesAmt0115309
IRS990/OtherExpensesGrp/ProgramServicesAmt112111
IRS990/OtherExpensesGrp/TotalAmt0115309
IRS990/OtherExpensesGrp/TotalAmt169933
IRS990/OtherExpensesGrp/TotalAmt224481
IRS990/OtherLiabilitiesGrp/BOYAmt0119
IRS990/OtherLiabilitiesGrp/EOYAmt0119
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt06650
IRS990/OtherRevenueMiscGrp/ExclusionAmt1779
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06650
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1779
IRS990/OtherRevenueTotalAmt07429
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062388
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0208077
IRS990/OtherSalariesAndWagesGrp/TotalAmt0270465
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06808
IRS990/PayrollTaxesGrp/ProgramServicesAmt022704
IRS990/PayrollTaxesGrp/TotalAmt029512
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02854
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0189562
IRS990/PrincipalOfficerNm0ROBERT FERRYMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0373458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0373458
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01854881
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01815
IRS990/PYOtherExpensesAmt01607469
IRS990/PYOtherRevenueAmt065935
IRS990/PYProgramServiceRevenueAmt0351939
IRS990/PYRevenuesLessExpensesAmt0358334
IRS990/PYSalariesCompEmpBnftPaidAmt0308767
IRS990/PYTotalExpensesAmt01916236
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02274570
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01033245
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt021780
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0373458
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY VENDING INCOME - 2019 AMOUNT: $ 5,100. 2020 AMOUNT: $ 5,525. 2021 AMOUNT: $ 5,100. 2022 AMOUNT: $ 5,100. 2023 AMOUNT: $ 6,650. MISCELLANEOUS INCOME - 2020 AMOUNT: $ 4,175. 2021 AMOUNT: $ 5,179. 2022 AMOUNT: $ 16,590. 2023 AMOUNT: $ 779.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02619221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01854881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01971801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01915792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01834094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010195789
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048803
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt046010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt044266
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt022956
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0206271
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01788024
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07429
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt021690
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt010279
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05100
IRS990ScheduleA/OtherIncome170Grp/TotalAmt054198
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97510
IRS990ScheduleA/PublicSupportPY170Pct00.97530
IRS990ScheduleA/PublicSupportTotal170Amt010195789
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02619221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01854881
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01971801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01915792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01834094
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010195789
IRS990ScheduleA/TotalSupportAmt010456258
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03828118
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06216212
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010044330
IRS990ScheduleD/EquipmentGrp/BookValueAmt0587526
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0657365
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01244891
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02015666
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0114677
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0114677
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029370
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt114128827
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024935
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024935
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISCELLANEOUS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSIT REFUNDS IN TRANSIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03048911
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS FOR THE PERSONAL USE OF RESIDENTS AND FUNDS RECEIVED AS SECURITY DEPOSITS FOR SERVICES ARE HELD IN TRUST FOR THEM BY THE COMPANY. THESE FUNDS ARE SEGREGATED IN A SEPARATE INTEREST-BEARING ACCOUNT FOR THE TENANTS' BENEFIT AND ARE NOT AVAILABLE FOR OTHER USES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE COMPANY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE COMPANY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE COMPANY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04530321
IRS990ScheduleD/TotalBookValueOtherAssetsAmt014158197
IRS990ScheduleD/TotalExpensesPerForm990Amt02015666
IRS990ScheduleD/TotalLiabilityAmt0119
IRS990ScheduleD/TotalRevenuePerForm990Amt03048911
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03048911
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02015666
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A PROPERTY MANAGEMENT AGREEMENT WITH AN UNRELATED THIRD PARTY, ARCO MANAGEMENT CORP, WHICH PROVIDES PROPERTY MANAGEMENT, BOOKKEEPING SERVICES AND ADMINISTRATIVE SERVICES TO THE ENTITY. THE TOTAL PAID TO ARCO MANAGEMENT CORP DURING THE CALENDAR YEAR FOR THESE SERVICES WAS $82,629. THERE WERE NO BOARD MEMBERS COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT KEEP MINUTES OF THE GOVERNING BODY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DID NOT KEEP MINUTES OF THE COMMITTEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION USES AN OUTSIDE ACCOUNTING FIRM FOR THE PREPARATION OF ITS FORM 990. ONCE PREPARED, THE RETURN IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION, ALONG WITH THE ORGANIZATION'S MANAGEMENT COMPANY. FOLLOWING THEIR REVIEW, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ARTICLES OF INCORPORATION, BYLAWS, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 193,291. MANAGEMENT AND GENERAL EXPENSES 2,808. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 196,099. MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 27,964. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,964.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S FULL BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01571672
IRS990/TotalAssetsEOYAmt019287460
IRS990/TotalAssetsGrp/BOYAmt01571672
IRS990/TotalAssetsGrp/EOYAmt019287460
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02619221
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0361122
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01654544
IRS990/TotalFunctionalExpensesGrp/TotalAmt02015666
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0798184
IRS990/TotalLiabilitiesEOYAmt017480727
IRS990/TotalLiabilitiesGrp/BOYAmt0798184
IRS990/TotalLiabilitiesGrp/EOYAmt017480727
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0773488
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01806733
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01654544
IRS990/TotalProgramServiceRevenueAmt0373458
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt056232
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0373458
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03048911
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01571672

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