Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990 • Fiscal year 2020 • EIN 13-3180527
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
51st percentile
Higher top officer pay than 51% of similar nonprofits.
Asset Growth
37th percentile
Faster asset growth than 37% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$2,589,176
Down $72,386 (-2.7%) from 2019
Net Assets
Down-$3,421,103
Down $227,584 (-7.1%) from 2019
Liabilities
Up$6,010,279
Up $155,198 (+2.7%) from 2019
Revenue
Up-$227,584
Up $184,405 (+45%) from 2019
Expenses
Flat$0
Flat from 2019
Net Income
Up-$227,584
Up $184,405 (+45%) from 2019
Provide housing to poor elderly and handicapped individuals pursuant to guidelines established by the united state department of housing and urban development pursuant to section 202 of the federal housing act of 1936 in the south bronx area of new york city.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,632,951 | $1,457,122 | ▼ $175,829 |
| Prepaid Expenses and Deferred Charges | $107,284 | $162,549 | ▲ $55,265 |
| Accounts Receivable | $82,750 | $86,388 | ▲ $3,638 |
| Cash and Non-Interest-Bearing Accounts | $40,456 | $26,573 | ▼ $13,883 |
| Total Assets | $2,661,562 | $2,589,176 | ▼ $72,386 |
| Other Assets Total | $798,121 | $856,544 | ▲ $58,423 |
| Liabilities | |||
| Other Liabilities | $5,528,603 | $5,588,015 | ▲ $59,412 |
| Accounts Payable and Accrued Expenses | $325,005 | $419,608 | ▲ $94,603 |
| Deferred Revenue | $1,473 | $2,656 | ▲ $1,183 |
| Total Liabilities | $5,855,081 | $6,010,279 | ▲ $155,198 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-3,193,519 | $-3,421,103 | ▼ $227,584 |
| Total Net Assets Fund Balance | $-3,193,519 | $-3,421,103 | ▼ $227,584 |
| Total Liabilities and Net Assets / Fund Balance | $2,661,562 | $2,589,176 | ▼ $72,386 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,429,522 | $6,101,305 | $7,530,827 |
| Land | $27,600 | - | $27,600 |
| Other Assets Org | $63 | - | - |
| Name | Title |
|---|---|
| Fr Louis Gigante | Chairman |
| Enrico Boccia | Director |
| Louis Gaccione | Director |
| Carmen Reyes | Treas/direct |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $0 |
| Other Expenses | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Chairperson | Security | No | $166,691 |
| - | Owner | Contract Repairs | No | $138,605 |
| - | Chief Operating | Contract Repairs | No | $138,605 |
| - | Chief Operating | Propery Management | No | $68,127 |
| - | Owner | Proerty Management | No | $68,127 |
| Liability | Amount |
|---|---|
| Mortgage Payable | $5,398,063 |
| Due to Affiliate | $141,000 |
| Ppp Loan Payable | $26,197 |
| Tenant Security Deposits (contra) | $22,755 |
“Building management associates, inc tiffany maintenance co., inc. Owner president great uncle of salvatore gigan sentry security co., inc. Sebco development, inc. Chairperson chairpeson officer and director building management associates, inc tiffany maintenance co., inc. Chief operat chief operin great nephew of louis gigante tiffany maintenance co., inc. Building management associates, inc owner chief operat great newphew of louis gigante”
“The organization's sole busniss is the operation of an apartment building for the elderly and handicapped formed under section 202 of the federal housing act of 1936. The building is managed by a property management company that is affiliated with the organization, namely building management associates,inc.,which is majority owned by the organizaton's chairperson. Its management fees are regulated by hud.”
“The organization is a wholly-owned subsidiary of sebco development, inc., a community based not for profit organization.”
“Reviewed by controller and executive vice president prior to filing.”
“Not applicable. No salaries or compensation paid to officers or directors.”
“Building employees are members of unions and their compensation is determined by union contracts. The officers and directors receive no compensation from the organization.”
“The formm 990 is a public document filed with the new york state department of law.”
“FURNISHED UPON REQUEST.”
“Provide housing to poor elderly and handicapped individuals pursuant to guidelines established by the united state department of housing and urban development pursuant to section 202 of the federal housing act of 1936 in the south bronx area of new york city.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 325005 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 419608 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 82750 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 86388 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE HOUSING TO POOR ELDERLY AND HANDICAPPED INDIVIDUALS PURSUANT TO GUIDELINES ESTABLISHED BY THE UNITED STATE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CONTROLLER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7186172800 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 885 BRUCKNER BLVD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BRONX |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10459 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | true |
| IRS990/BusinessRlnWithFamMemInd | 0 | true |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 40456 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 26573 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 765 |
| IRS990/CYOtherExpensesAmt | 0 | 0 |
| IRS990/CYOtherRevenueAmt | 0 | -228349 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -227584 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 0 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | -227584 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1473 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 2656 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/Desc | 0 | PROVIDE HOUSING TO POOR ELDERLY AND HANDICAPPED INDIVIDUALS PURSUANT TO GUIDELINES ESTABLISHED BY THE UNITED STATE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1807656 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ENRICO BOCCIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LOUIS GACCIONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | FR LOUIS GIGANTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CARMEN REYES |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREAS/DIRECT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1983 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1580072 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 1571206 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 765 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 765 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 6101305 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1632951 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1457122 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7558427 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 1807656 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROVIDE HOUSING TO POOR ELDERLY AND HANDICAPPED INDIVIDUALS PURSUANT TO GUIDELINES ESTABLISHED BY THE UNITED STATE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -3193519 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -3421103 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | -236450 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -236450 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -3193519 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -3421103 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 798121 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 856544 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 5528603 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 5588015 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | COVID-19 SUPPLEMENTAL INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | LAUNDRY |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7176 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 925 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 7176 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 925 |
| IRS990/OtherRevenueTotalAmt | 0 | 8101 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 107284 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 162549 |
| IRS990/PrincipalOfficerNm | 0 | LOUIS R GIGANTE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 1485 |
| IRS990/PYOtherRevenueAmt | 0 | -413474 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -411989 |
| IRS990/PYTotalRevenueAmt | 0 | -411989 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -227584 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -236450 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 1580072 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 45149 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 81227 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 38530 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 164906 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1580072 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1532436 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1540265 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1529489 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1496994 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 7679256 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 8866 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.02100 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.90930 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 164906 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 45149 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 81227 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 38530 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 164906 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 7844162 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 27600 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 27600 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 486821 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 195641 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 82438 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 68826 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 22755 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 5 | 63 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESERVE FOR REPLACEMENTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESIDUAL RECEIPTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | CAPITAL IMPROVEMENT RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | MORTGAGE ESCROW DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | PAINTING RESERVE |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1429522 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 6101305 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7530827 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 5398063 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 141000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 26197 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 22755 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | MORTGAGE PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO AFFILIATE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | PPP LOAN PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | TENANT SECURITY DEPOSITS (CONTRA) |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | -227584 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1457122 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 856544 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 5588015 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | -227584 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | -227584 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | BUILDING MANAGEMENT ASSOCIATES INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 1 | BUILDING MANAGEMENT ASSOCIATES INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 2 | TIFFANY MAINTENANCE CO INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 3 | SENTRY SECURITY CO INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 4 | TIFFANY MAINTENANCE CO INC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | CHIEF OPERATING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | OWNER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 3 | CHAIRPERSON |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 4 | CHIEF OPERATING |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 3 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 4 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 68127 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 1 | 68127 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 2 | 138605 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 3 | 166691 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 4 | 138605 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | PROPERY MANAGEMENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | PROERTY MANAGEMENT |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 2 | CONTRACT REPAIRS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 3 | SECURITY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 4 | CONTRACT REPAIRS |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROVIDE HOUSING TO POOR ELDERLY AND HANDICAPPED INDIVIDUALS PURSUANT TO GUIDELINES ESTABLISHED BY THE UNITED STATE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BUILDING MANAGEMENT ASSOCIATES, INC TIFFANY MAINTENANCE CO., INC. OWNER PRESIDENT GREAT UNCLE OF SALVATORE GIGAN SENTRY SECURITY CO., INC. SEBCO DEVELOPMENT, INC. CHAIRPERSON CHAIRPESON OFFICER AND DIRECTOR BUILDING MANAGEMENT ASSOCIATES, INC TIFFANY MAINTENANCE CO., INC. CHIEF OPERAT CHIEF OPERIN GREAT NEPHEW OF LOUIS GIGANTE TIFFANY MAINTENANCE CO., INC. BUILDING MANAGEMENT ASSOCIATES, INC OWNER CHIEF OPERAT GREAT NEWPHEW OF LOUIS GIGANTE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION'S SOLE BUSNISS IS THE OPERATION OF AN APARTMENT BUILDING FOR THE ELDERLY AND HANDICAPPED FORMED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936. THE BUILDING IS MANAGED BY A PROPERTY MANAGEMENT COMPANY THAT IS AFFILIATED WITH THE ORGANIZATION, NAMELY BUILDING MANAGEMENT ASSOCIATES,INC.,WHICH IS MAJORITY OWNED BY THE ORGANIZATON'S CHAIRPERSON. ITS MANAGEMENT FEES ARE REGULATED BY HUD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION IS A WHOLLY-OWNED SUBSIDIARY OF SEBCO DEVELOPMENT, INC., A COMMUNITY BASED NOT FOR PROFIT ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | REVIEWED BY CONTROLLER AND EXECUTIVE VICE PRESIDENT PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NOT APPLICABLE. NO SALARIES OR COMPENSATION PAID TO OFFICERS OR DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | BUILDING EMPLOYEES ARE MEMBERS OF UNIONS AND THEIR COMPENSATION IS DETERMINED BY UNION CONTRACTS. THE OFFICERS AND DIRECTORS RECEIVE NO COMPENSATION FROM THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE FORMM 990 IS A PUBLIC DOCUMENT FILED WITH THE NEW YORK STATE DEPARTMENT OF LAW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | FURNISHED UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2661562 |
| IRS990/TotalAssetsEOYAmt | 0 | 2589176 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2661562 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2589176 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 5855081 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 6010279 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 5855081 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 6010279 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -3193519 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -3421103 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1807656 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -236450 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8866 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | -227584 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2661562 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2589176 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 885 BRUCKNER BOULEVARD |
| IRS990/USAddress/CityNm | 0 | BRONX |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 10459 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | WWW.SEBCODEVELOPMENT.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SALVATORE GIGANTE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHIEF OPERATING OFFI |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7186172800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SEBCO HOUSING DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FUND COMPANY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SEBC |
| ReturnHeader/Filer/EIN | 0 | 133180527 |
| ReturnHeader/Filer/PhoneNum | 0 | 7186172800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 885 BRUCKNER BLVD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRONX |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10459 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 132992528 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | IRWIN SIEGEL CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 130 EAST 59TH STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10022 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2124475599 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-11-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | IRWIN SIEGEL CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2021-11-30T16:43:03-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SALVATORE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GIGANTE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
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