Civic Intelligence

Seagirt Housing Development Fund Corp

990 • Fiscal year 2017 • EIN 13-3173810

Jul 01, 2016 to Jun 30, 2017 • Filed on May 12, 2018

Organization ProfileWWW.JASA.ORG
247 West 37th Street 9th FloorNew York, NY 10018

(212) 273-5200

Siviq Scores

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

Liabilities / Assets

98th percentile

1.57x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

3.11x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

11th percentile

-21%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$401,165

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

9th percentile

-9.7%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

37th percentile

0.6%

Faster revenue growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$6,078,315

Down $653,527 (-9.7%) from 2016

Net Assets

Down

-$3,441,541

Down $644,843 (-23%) from 2016

Liabilities

Down

$9,519,856

Down $8,684 (-0.1%) from 2016

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin11th percentile

Revenue

Up

$3,059,668

Up $19,539 (+0.6%) from 2016

Expenses

Up

$3,704,511

Up $811,633 (+28%) from 2016

Net Income

Down

-$644,843

Down $792,094 (-538%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $6,716,949Liabilities 2010: $10,185,371Net Assets 2010: -$3,468,4222010Assets 2011: $6,465,808Liabilities 2011: $9,830,658Net Assets 2011: -$3,364,8502011Assets 2012: $6,453,272Liabilities 2012: $9,766,228Net Assets 2012: -$3,312,9562012Assets 2013: $6,479,022Liabilities 2013: $9,632,917Net Assets 2013: -$3,153,8952013Assets 2014: $6,478,275Liabilities 2014: $9,632,355Net Assets 2014: -$3,154,0802014Assets 2015: $6,523,396Liabilities 2015: $9,467,345Net Assets 2015: -$2,943,9492015Assets 2016: $6,731,842Liabilities 2016: $9,528,540Net Assets 2016: -$2,796,6982016Assets 2017: $6,078,315Liabilities 2017: $9,519,856Net Assets 2017: -$3,441,5412017Assets 2018: $5,957,982Liabilities 2018: $9,430,285Net Assets 2018: -$3,472,3032018Assets 2019: $5,824,774Liabilities 2019: $9,277,003Net Assets 2019: -$3,452,2292019Assets 2020: $5,689,480Liabilities 2020: $9,259,721Net Assets 2020: -$3,570,2412020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$6,078,315
Liabilities$9,519,856
Net Assets-$3,441,541
Open 2017 Filing

Operations Trend

Revenue Growth37th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,493,8292010Expenses 2011: $2,509,3202011Expenses 2012: $2,585,6052012Revenue 2013: $2,785,497Expenses 2013: $2,626,436Net Income 2013: $159,0612013Revenue 2014: $1,365,517Expenses 2014: $1,365,702Net Income 2014: -$1852014Revenue 2015: $2,989,639Expenses 2015: $2,779,508Net Income 2015: $210,1312015Revenue 2016: $3,040,129Expenses 2016: $2,892,878Net Income 2016: $147,2512016Revenue 2017: $3,059,668Expenses 2017: $3,704,511Net Income 2017: -$644,8432017Revenue 2018: $2,841,486Expenses 2018: $2,872,248Net Income 2018: -$30,7622018Revenue 2019: $2,887,996Expenses 2019: $2,867,922Net Income 2019: $20,0742019Revenue 2020: $2,820,866Expenses 2020: $2,938,878Net Income 2020: -$118,0122020Revenue 2021: $6,734,399Expenses 2021: $3,164,158Net Income 2021: $3,570,2412021

Highlighted filing

2017

Revenue$3,059,668
Expenses$3,704,511
Net Income-$644,843
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 12, 2018
Return Version
2016v3.0
Gross Receipts
$3,059,668
Mission and Program Overview

Mission

As part of the jasa's comprehensive network of services for the elderly, seagirt housing development fund corp provides affordable housing and social services to low income seniors living independently.

As part of jasa's comprehensive network of services for the elderly, the organization provides affordable housing and social services to low income seniors living independently.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,291,135$4,034,196▼ $256,939
Savings and Temporary Cash Investments$1,715,072$1,562,523▼ $152,549
Prepaid Expenses and Deferred Charges$165,231$205,531▲ $40,300
Cash and Non-Interest-Bearing Accounts$247,627$195,660▼ $51,967
Accounts Receivable$2,325$46,501▲ $44,176
Total Assets$6,468,247$6,078,315▼ $389,932
Other Assets Total$46,857$33,904▼ $12,953
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,804,977$9,229,811▲ $424,834
Accounts Payable and Accrued Expenses$378,190$249,737▼ $128,453
Other Liabilities$81,778$40,308▼ $41,470
Total Liabilities$9,264,945$9,519,856▲ $254,911
Net Assets / Fund Balance
Temporarily Rstr Net Assets$42,460$42,460→ $0
Unrestricted Net Assets$-2,839,158$-3,484,001▼ $644,843
Total Net Assets Fund Balance$-2,796,698$-3,441,541▼ $644,843
Total Liabilities and Net Assets / Fund Balance$6,468,247$6,078,315▼ $389,932

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,911,538$8,271,104$12,182,642
Equipment$41,953$94,783$136,736
Land$71,600-$71,600
Other Land Buildings$9,105-$9,105
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Martin SirokaPresident
David HildesVice President
Donald ManningDirector of Housing
Heidi AroninCAO
Kathryn HaslangerCEO
MARK r IMOWITZSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$43,565
Program Service Revenue
$2,776,316
Investment Income
$12,455
Other Revenue
$227,332
Change in Net Assets
$-644,843

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,059,668
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,059,668
Total Revenue per Form 990
$3,059,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,137,488
Salaries, Compensation, and Employee Benefits$567,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$878,926--$878,926
Depreciation Depletion$391,318--$391,318
Interest$340,865--$340,865
Other Salaries and Wages$269,967--$269,967
Other Employee Benefits$259,025--$259,025
Other Expenses$132,932--$132,932
Insurance$132,352--$132,352
Fees for Services Management-$116,984-$116,984
Office Expenses$35,034$24,299-$59,333
All Other Expenses$45,078$9,972-$55,050
Fees for Services Accounting-$54,561-$54,561
Payroll Taxes$38,031--$38,031
Fees for Services Legal$3,026--$3,026
Conferences and Meetings$81--$81
Total Functional Expenses$3,498,695$205,816$0$3,704,511

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,704,511
Total Expenses per Audited Statements$3,704,511
Total Expenses per Form 990$3,704,511
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
Tenant deposits$33,904
prepaid revenue$6,404
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The organization's sole member is jasa corp.”

Form 990, Part VI, Section A, line 7A

“The organization's sole member, jasa corp, elects all of the organization's trustees.”

Form 990, Part VI, Section A, line 7B

“As sole member, jasa corp reserves the right to decide upon certain governance decisions.”

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

“The form 990 is reviewed by the controller, director of finance and chief administrative officer and then it is provided to the board prior to filing with the irs.”

Form 990, Part VI, Section B, line 12C

“On an annual basis, the conflict of interest policy statement is sent to the board along with a list of vendors, service providers, employees, etc. The form must be signed and returned to the respective committee of the board. The forms are reviewed and kept on file.”

Form 990, Part VI, Section B, line 15A

“Each year, compensation of the ceo is reviewed and approved by the compensation committee of the board of a related organization based on comparative data and other information received from public records.”

Form 990, Part VI, Section C, line 19

“The corporation's audited financial statements are available on the website. All other governing documents and conflict of interest policies are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Seagirt Housing Development Fund
EIN
13-3173810
Phone
2122735200
Address
247 WEST 37TH STREET 9TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Rinku Bhattacharya
Title
Director of Finance
Phone
2122735200
Signed
2018-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Haslanger
Formed
1982
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
32
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause LLP
Address
One Penn Plaza Suite 3000, New York, NY 10119
Preparer
Patrick Yu CPA
Phone
2126976900
Supplemental Narrative

Additional Explanations

Form 990, Part X, COLUMN A, LINES 15 AND 23:

“In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-03, Simplifying the Presentation of Debt Issuance Costs. The guidance requires that debt issuance costs related to a recognized debt liability be reported on the statements of financial position as a direct deduction from the carrying amount of that debt liability. The guidance is effective for fiscal years and interim periods beginning after December 15, 2015, and is required to be applied retrospectively. Management has adopted ASU 2015-03 and has reclassified debt issuance costs related to existing debt liabilities from assets to liabilities on the statements of financial position, and the related amortization expense to interest expense on the statements of activities. The adoption of ASU 2015-03 did not have a material impact on the Corporation's financial statements.”

Financial Statement Notes

Part X, Line 2:

“The Corporation has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the years ended June 30, 2017 or 2016. Due to its tax-exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure.”

Raw XML AppendixShowing 400 of 701 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/BOYAmt0378190
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0249737
IRS990/AccountsReceivableGrp/BOYAmt02325
IRS990/AccountsReceivableGrp/EOYAmt046501
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AS PART OF JASA'S COMPREHENSIVE NETWORK OF SERVICES FOR THE ELDERLY, THE ORGANIZATION PROVIDES AFFORDABLE HOUSING AND SOCIAL SERVICES TO LOW INCOME SENIORS LIVING INDEPENDENTLY.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09972
IRS990/AllOtherExpensesGrp/ProgramServicesAmt045078
IRS990/AllOtherExpensesGrp/TotalAmt055050
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Rinku Bhattacharya Director of Finance
IRS990/BooksInCareOfDetail/PhoneNum06463439349
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0247 WEST 37TH STREET 9TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0247627
IRS990/CashNonInterestBearingGrp/EOYAmt0195660
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt081
IRS990/ConferencesMeetingsGrp/TotalAmt081
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt043565
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012455
IRS990/CYOtherExpensesAmt03137488
IRS990/CYOtherRevenueAmt0227332
IRS990/CYProgramServiceRevenueAmt02776316
IRS990/CYRevenuesLessExpensesAmt0-644843
IRS990/CYSalariesCompEmpBnftPaidAmt0567023
IRS990/CYTotalExpensesAmt03704511
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03059668
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0391318
IRS990/DepreciationDepletionGrp/TotalAmt0391318
IRS990/Desc0THE CORPORATION PROVIDES AFFORDABLE HOUSING AND SOCIAL SERVICES TO LOW INCOME SENIORS LIVING INDEPENDENTLY. THE PROJECT CONSISTS OF 152 UNITS LOCATED IN FAR ROCKAWAY, NEW YORK. IN ADDITION, THE ORGANIZATION PROVIDES AN ON-SITE SERVICE COORDINATOR TO PROMOTE WELLNESS ACTIVITIES AND ASSIST RESIDENTS TO MAINTAIN A SELF-RELIANT LIFESTYLE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt032
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03498695
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt054561
IRS990/FeesForServicesAccountingGrp/TotalAmt054561
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03026
IRS990/FeesForServicesLegalGrp/TotalAmt03026
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0116984
IRS990/FeesForServicesManagementGrp/TotalAmt0116984
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt332.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt432.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt533.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt322916
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt421916
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt58255
IRS990/Form990PartVIISectionAGrp/PersonNm0MARTIN SIROKA
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID HILDES
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK r IMOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHRYN HASLANGER
IRS990/Form990PartVIISectionAGrp/PersonNm4HEIDI ARONIN
IRS990/Form990PartVIISectionAGrp/PersonNm5DONALD MANNING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3378249
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4306920
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5211895
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR OF HOUSING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt039595
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03059668
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0132352
IRS990/InsuranceGrp/TotalAmt0132352
IRS990/InterestGrp/ProgramServicesAmt0340865
IRS990/InterestGrp/TotalAmt0340865
IRS990/InvestmentIncomeGrp/ExclusionAmt012455
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012455
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08365887
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04291135
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04034196
IRS990/LandBldgEquipCostOrOtherBssAmt012400083
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AS PART OF THE JASA'S COMPREHENSIVE NETWORK OF SERVICES FOR THE ELDERLY, SEAGIRT HOUSING DEVELOPMENT FUND CORPORATION PROVIDES AFFORDABLE HOUSING AND auxiliary facilities FOR AGED PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08804977
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09229811
IRS990/NetAssetsOrFundBalancesBOYAmt0-2796698
IRS990/NetAssetsOrFundBalancesEOYAmt0-3441541
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt03970
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0878926
IRS990/OccupancyGrp/TotalAmt0878926
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024299
IRS990/OfficeExpensesGrp/ProgramServicesAmt035034
IRS990/OfficeExpensesGrp/TotalAmt059333
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt046857
IRS990/OtherAssetsTotalGrp/EOYAmt033904
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0259025
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0259025
IRS990/OtherExpensesGrp/Desc0Loss on extinguishment
IRS990/OtherExpensesGrp/Desc1Security contract
IRS990/OtherExpensesGrp/Desc2Contracts
IRS990/OtherExpensesGrp/Desc3Elderly Care Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt0625113
IRS990/OtherExpensesGrp/ProgramServicesAmt1184715
IRS990/OtherExpensesGrp/ProgramServicesAmt2162232
IRS990/OtherExpensesGrp/ProgramServicesAmt3132932
IRS990/OtherExpensesGrp/TotalAmt0625113
IRS990/OtherExpensesGrp/TotalAmt1184715
IRS990/OtherExpensesGrp/TotalAmt2162232
IRS990/OtherExpensesGrp/TotalAmt3132932
IRS990/OtherLiabilitiesGrp/BOYAmt081778
IRS990/OtherLiabilitiesGrp/EOYAmt040308
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1ADMIN FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0227150
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0227150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1182
IRS990/OtherRevenueTotalAmt0227332
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0269967
IRS990/OtherSalariesAndWagesGrp/TotalAmt0269967
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt038031
IRS990/PayrollTaxesGrp/TotalAmt038031
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0165231
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0205531
IRS990/PrincipalOfficerNm0KATHRYN HASLANGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1laundry & tenant charg
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02767039
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02767039
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19277
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0337679
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0436
IRS990/PYOtherExpensesAmt02165578
IRS990/PYOtherRevenueAmt0176
IRS990/PYProgramServiceRevenueAmt02701838
IRS990/PYRevenuesLessExpensesAmt0147251
IRS990/PYSalariesCompEmpBnftPaidAmt0727300
IRS990/PYTotalExpensesAmt02892878
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03040129
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-644843
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt03970
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02776316
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01715072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01562523
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INSURANCE PROCEEDS - 2012 Amount: $ 48,123. 2013 Amount: $ 21,820. Admin Fee - 2015 Amount: $ 176. 2016 Amount: $ 182. MISCELLANEOUS REVENUE - 2016 Amount: $ 227,150.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt043565
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0337679
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0334070
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt031172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058491
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0804977
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0436
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0708
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0355
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0570
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014524
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02776316
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02701838
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02654861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01312170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02628313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012073498
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0436
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0708
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0570
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014524
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0227332
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0176
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt021820
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt048123
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0297451
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97630
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt012878475
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02819881
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03039517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02988931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01343342
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02686804
IRS990ScheduleA/Total509Grp/TotalAmt012878475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03059668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03040129
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02989639
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01365517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02735497
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013190450
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/BuildingsGrp/BookValueAmt03911538
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08271104
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012182642
IRS990ScheduleD/EquipmentGrp/BookValueAmt041953
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094783
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0136736
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03704511
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt071600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt071600
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09105
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09105
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16404
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1prepaid revenue
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03059668
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax exempt entity pursuant to Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the years ended June 30, 2017 or 2016. Due to its tax-exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04034196
IRS990ScheduleD/TotalExpensesPerForm990Amt03704511
IRS990ScheduleD/TotalLiabilityAmt040308
IRS990ScheduleD/TotalRevenuePerForm990Amt03059668
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03059668
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03704511
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0374512
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1304485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2211183
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt28255
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019672
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt119672
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt03737

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,078,315
Liabilities
$9,519,856
Net assets
-$3,441,541
Revenue
$3,059,668
Expenses
$3,704,511
Net income
-$644,843
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$6.73$3.16$3.57
2020Detailed filing. Detailed filing data is available for this year.$5.69$9.26$3.57$2.82$2.94$0.12
2019Detailed filing. Detailed filing data is available for this year.$5.82$9.28$3.45$2.89$2.87$0.02
2018Detailed filing. Detailed filing data is available for this year.$5.96$9.43$3.47$2.84$2.87$0.03
2017Detailed filing. Detailed filing data is available for this year.$6.08$9.52$3.44$3.06$3.70$0.64
2016Detailed filing. Detailed filing data is available for this year.$6.73$9.53$2.80$3.04$2.89$0.15
2015Detailed filing. Detailed filing data is available for this year.$6.52$9.47$2.94$2.99$2.78$0.21
2014Summary only. Only limited summary data is available for this year.$6.48$9.63$3.15$1.37$1.37$0.00
2013Detailed filing. Detailed filing data is available for this year.$6.48$9.63$3.15$2.79$2.63$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$9.77$3.31$2.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.47$9.83$3.36$2.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$10.2$3.47$2.49