Civic Intelligence

Nyc Partnership Housing Development

EIN 13-3202018 • 501(c)3 • New York, NY

Profile

The organization is organized exclusively for the purpose of fostering home ownership and developing affordable housing sites.

253 West 35th Street 3rd FLNew York, NY 10001-1913

n/A

Siviq Scores

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

Liabilities / Assets

16th percentile

0.05x

Higher debt load relative to assets than 16% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

5.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Net Margin

2nd percentile

-637%

Higher net margin than 2% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$444,224

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 664.0% of source-year revenue.

NTEE L • $5M-$10M nonprofits • Source year 2024

Asset Growth

28th percentile

-2.5%

Faster asset growth than 28% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-52%

Faster revenue growth than 5% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,477,883

Down $167,254 (-2.5%) from 2023

Liabilities

Up

$335,518

Up $258,905 (+338%) from 2023

Net Assets

Down

$6,142,365

Down $426,159 (-6.5%) from 2023

Revenue

Down

$66,900

Down $71,367 (-52%) from 2023

Expenses

Up

$493,059

Up $206,726 (+72%) from 2023

Net Income

Down

-$426,159

Down $278,093 (-188%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $380,771Liabilities 2010: $380,7712010Assets 2011: $380,771Liabilities 2011: $376,5492011Assets 2012: $383,416Liabilities 2012: $377,4832012Assets 2013: $380,771Liabilities 2013: $376,5492013Assets 2014: $380,771Liabilities 2014: $376,5492014Assets 2015: $380,771Liabilities 2015: $376,549Net Assets 2015: $4,2222015Assets 2016: $387,676Liabilities 2016: $461,714Net Assets 2016: -$74,0382016Assets 2020: $1,116,851Liabilities 2020: $12,844Net Assets 2020: $1,104,0072020Assets 2021: $1,078,501Liabilities 2021: $16,279Net Assets 2021: $1,062,2222021Assets 2022: $6,528,617Liabilities 2022: $339,698Net Assets 2022: $6,188,9192022Assets 2023: $6,645,137Liabilities 2023: $76,613Net Assets 2023: $6,568,5242023Assets 2024: $6,477,883Liabilities 2024: $335,518Net Assets 2024: $6,142,3652024

Highlighted filing

2024

Assets$6,477,883
Liabilities$335,518
Net Assets$6,142,365

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $1Expenses 2010: $0Net Income 2010: $12010Revenue 2011: $4,222Expenses 2011: $0Net Income 2011: $4,2222011Revenue 2012: $1,711Expenses 2012: $0Net Income 2012: $1,7112012Revenue 2013: $0Expenses 2013: $1,711Net Income 2013: -$1,7112013Revenue 2014: $185,276Expenses 2014: $185,276Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $81,000Expenses 2016: $159,260Net Income 2016: -$78,2602016Revenue 2020: $0Expenses 2020: $295,547Net Income 2020: -$295,5472020Revenue 2021: $0Expenses 2021: $41,785Net Income 2021: -$41,7852021Revenue 2022: $6,059,508Expenses 2022: $932,811Net Income 2022: $5,126,6972022Revenue 2023: $138,267Expenses 2023: $286,333Net Income 2023: -$148,0662023Revenue 2024: $66,900Expenses 2024: $493,059Net Income 2024: -$426,1592024

Highlighted filing

2024

Revenue$66,900
Expenses$493,059
Net Income-$426,159

Filings

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 6, 2024
Return Version
2023v5.1
Gross Receipts
$138,267
Mission and Program Overview

Mission

The organization is organized exclusively for the purpose of fostering home ownership and developing affordable housing sites.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,528,617$6,114,320▼ $414,297
Investments Program Related-$530,817-
Total Assets$6,528,617$6,645,137▲ $116,520
Liabilities
Other Liabilities$315,704$54,313▼ $261,391
Accounts Payable and Accrued Expenses$23,994$22,300▼ $1,694
Total Liabilities$339,698$76,613▼ $263,085
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,531,837$5,528,691▼ $3,146
Net Assets Without Donor Restrictions$657,082$1,039,833▲ $382,751
Total Net Assets Fund Balance$6,188,919$6,568,524▲ $379,605
Total Liabilities and Net Assets / Fund Balance$6,528,617$6,645,137▲ $116,520

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$530,817--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Nadja AlvaradoVice President$122,810$122,810

Board Members and Trustees

NameTitle
Jim HeddenChair
Jamie SmarrPresident & CEO
Shelia MartinVice President & COO
Esther Toporovsky ExecutiveVice President Thru 9/30/23
Theresa OmanskySecretary
Adam GoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$111,585
Investment Income
$0
Other Revenue
$26,682
Change in Net Assets
$-148,066

Audited Revenue Reconciliation

Revenue per Audited Statements
$138,267
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$138,267
Total Revenue per Form 990
$138,267
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,333
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$112,085--$112,085
Fees for Services Legal-$96,854-$96,854
Fees for Services Accounting-$22,800-$22,800
Occupancy$5,403--$5,403
Other Expenses$191$275-$466
Insurance$353--$353
Office Expenses$308--$308
Total Functional Expenses$166,404$119,929$0$286,333

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$286,333
Total Expenses per Audited Statements$286,333
Total Expenses per Form 990$286,333
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$54,313
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of the organization is housing partnership development corporation, a related 501(c)(3) organization.

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

As the sole member, housing partnership development corporation has the power to elect the members of the governing body.

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

The organization has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return it is filed with the internal revenue service.

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

The conflict of interest policy is distributed to all board members, directors, officers, and senior staff. Annually, it is reviewed and discussed. It must be signed, listing any terms that could be a conflict and returned to the general counsel. Those with conflicts are asked to recuse themselves from any decisions relating to the conflicting interest.

Form 990, Part VI, Section C, Line 19

The organization's form 990 is available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, articles of incorporation, form 990, form 1023, and by-laws are also available upon written request or by calling the organization directly.

Filing and Contact Details

Filer

Filer Name
Nyc Partnership Housing Development
EIN
13-3202018
Phone
6462173370
Address
253 WEST 35TH STREET 3RD FL, NEW YORK, NY 10001-1913

Signing Officer

Name
Adam Gold
Title
Treasurer
Phone
6462173370
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Gold
Formed
1983
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Project fees: program service expenses 111,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,585.

Financial Statement Notes

PART X, LINE 2:

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

Raw XML AppendixShowing 400 of 3,809 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.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION'S SUPPORTED ORGANIZATION, HOUSING PARTNERSHIP DEVELOPMENT CORPORATION ("HPDC") IS NOT LISTED BY NAME IN THE ORGANIZATION'S GOVERNING DOCUMENTS. HOWEVER, HPDC AND NYC HOUSING PARTNERSHIP ("NYCP") SERVE THE SAME CLASS OF PEOPLE. NYCP DEVELOPS HOUSING PROJECTS FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS. NYCP EXECUTES CONTRACTS WITH GOVERNMENT ENTITIES FOR APPLICATION OF PUBLIC FUNDS ("SUBSIDIES") TO SITE DEVELOPMENT ACTIVITIES AND HOLDS TITLE TO DEVELOPMENT SITES IN ORDER TO PASS ALONG THE BENEFITS OF ITS TAX-EXEMPT STATUS TO THE PROJECTS, THUS LOWERING THE COST OF CONSTRUCTION AND ENABLING THE COMPLETED HOMES TO BE PRICED LOWER FOR THE BENEFIT OF THE TARGET POPULATION. HPDC IMPLEMENTS HOUSING PRODUCTION AND PROGRAM ACTIVITIES IN THE CITY OF NEW YORK TO INCREASE PRIVATE INVESTMENT IN DISTRESSED COMMUNITIES. BOTH ORGANIZATIONS ARE SERVING INDIVIDUALS WHO NEED LOW-INCOME HOUSING IN NEW YORK.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1IN ORDER TO MEET THE DEFINITION OF A TYPE II SUPPORTING ORGANIZATION, NYCP MUST BE "SUPERVISED OR CONTROLLED IN CONNECTION WITH ITS SUPPORTED ORGANIZATION(S), BY HAVING CONTROL OR MANAGEMENT OF THE SUPPORTING ORGANIZATION VESTED IN THE SAME PERSONS THAT CONTROL OR MANAGE THE SUPPORTED ORGANIZATION(S)." HOWEVER, HPDC CONTROLS NYCP BECAUSE ALL OF THE DIRECTORS AND OFFICERS OF NYCP SERVE AS EITHER OFFICERS OR EMPLOYEES OF THE SUPPORTED ORGANIZATION, HPDC. SPECIFICALLY, MEMBERS OF EXECUTIVE MANAGEMENT OF THE SUPPORTED ORGANIZATION SERVE ON THE BOARD OF THE FILING ORGANIZATION. IN ADDITION, HPDC ELECTS A MAJORITY OF THE DIRECTORS OF NYCP AT THE ANNUAL MEETING. THEREFORE, THE SUPPORTED ORGANIZATION, HPDC, IS ABLE TO EXERCISE CONTROL OF THE NYCP THROUGH ITS BOARD OF DIRECTORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION C, LINE 1:
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IRS990ScheduleA/OtherSupportSumAmt0111585
IRS990ScheduleA/SupportedOrganizationsCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt0111585
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HOUSING PARTNERSHIP DEVELOPMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0286333
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LOAN RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0138267
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENTITIES RECOGNIZE THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITIES HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITIES ARE NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalLiabilityAmt054313
IRS990ScheduleD/TotalRevenuePerForm990Amt0138267
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0138267
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0286333
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1238045
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3173274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4151303
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt019800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt114930
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt212997
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt311000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt49158
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt122165
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt217709
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt319749
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt4970
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0690
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt12387
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt2227
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt3472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt4181
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMIE SMARR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SHELIA MARTIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2THERESA OMANSKY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ADAM GOLD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4ESTHER TOPOROVSKY EXECUTIVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT & COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VICE PRESIDENT THRU 9/30/23
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2241728
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3204495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4161612
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION IS DETERMINED BY THE RELATED ORGANIZATION, HOUSING PARTNERSHIP DEVELOPMENT CORPORATION. THE COMPENSATION COMMITTEE, WHICH IS MADE UP OF THE BOARD OF DIRECTORS, DETERMINES AND APPROVES COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF THE ORGANIZATION IS HOUSING PARTNERSHIP DEVELOPMENT CORPORATION, A RELATED 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS THE SOLE MEMBER, HOUSING PARTNERSHIP DEVELOPMENT CORPORATION HAS THE POWER TO ELECT THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL BOARD MEMBERS, DIRECTORS, OFFICERS, AND SENIOR STAFF. ANNUALLY, IT IS REVIEWED AND DISCUSSED. IT MUST BE SIGNED, LISTING ANY TERMS THAT COULD BE A CONFLICT AND RETURNED TO THE GENERAL COUNSEL. THOSE WITH CONFLICTS ARE ASKED TO RECUSE THEMSELVES FROM ANY DECISIONS RELATING TO THE CONFLICTING INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 500. PROJECT FEES: PROGRAM SERVICE EXPENSES 111,585. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,585.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00

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