Civic Intelligence

153 Manhattan Avenue Housing Development

EIN 13-3210128 • 501(c)3 • New York, NY

Profile

To provide adequate low-income housing to residents of the manhattan valley region of manhattan, new york.

73 West 108th StreetNew York, NY 10025

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.88x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

2.36x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

79th percentile

$135,250

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

39th percentile

-0.1%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

42nd percentile

2.8%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$2,021,458

Down $1,066 (-0.1%) from 2024

Liabilities

Up

$1,773,872

Up $85,795 (+5.1%) from 2024

Net Assets

Down

$247,586

Down $86,861 (-26%) from 2024

Revenue

Up

$752,433

Up $20,765 (+2.8%) from 2024

Expenses

Down

$839,294

Down $12,471 (-1.5%) from 2024

Net Income

Up

-$86,861

Up $33,236 (+28%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2023: $2,168,080Liabilities 2023: $1,713,536Net Assets 2023: $454,5442023Assets 2024: $2,022,524Liabilities 2024: $1,688,077Net Assets 2024: $334,4472024Assets 2025: $2,021,458Liabilities 2025: $1,773,872Net Assets 2025: $247,5862025

Highlighted filing

2025

Assets$2,021,458
Liabilities$1,773,872
Net Assets$247,586

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2023: $691,716Expenses 2023: $679,915Net Income 2023: $11,8012023Revenue 2024: $731,668Expenses 2024: $851,765Net Income 2024: -$120,0972024Revenue 2025: $752,433Expenses 2025: $839,294Net Income 2025: -$86,8612025

Highlighted filing

2025

Revenue$752,433
Expenses$839,294
Net Income-$86,861

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$752,433
Mission and Program Overview

Mission

To provide adequate low-income housing to residents of the manhattan valley region of manhattan, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,799,917$1,711,208▼ $88,709
Prepaid Expenses and Deferred Charges$2,866$151,921▲ $149,055
Accounts Receivable$60,261$70,696▲ $10,435
Cash and Non-Interest-Bearing Accounts$85,576$24,569▼ $61,007
Savings and Temporary Cash Investments$450$450→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,022,524$2,021,458▼ $1,066
Other Assets Total$73,454$62,614▼ $10,840
Liabilities
Other Liabilities$729,018$925,015▲ $195,997
Mortgage Notes Payable Secured by Investment Property$895,844$803,782▼ $92,062
Accounts Payable and Accrued Expenses$55,486$40,201▼ $15,285
Deferred Revenue$7,729$4,874▼ $2,855
Total Liabilities$1,688,077$1,773,872▲ $85,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$334,447$247,586▼ $86,861
Total Net Assets Fund Balance$334,447$247,586▼ $86,861
Total Liabilities and Net Assets / Fund Balance$2,022,524$2,021,458▼ $1,066

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,707,088$869,721$2,576,809
Equipment$2,120$80,092$82,212
Buildings-$15,500$15,500
Other Land Buildings-$5,350$5,350
Land$2,000-$2,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John P DuffellPresident
Robin P BaezVice President
Sandra B PowersTreasurer/Secy
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$752,433
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-86,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$839,294
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
Insurance$139,874--$139,874
Depreciation Depletion$95,250--$95,250
All Other Expenses$54,421$10,747-$65,168
Fees for Services Management-$53,224-$53,224
Interest$26,255--$26,255
Other Expenses$23,254--$23,254
Fees for Services Legal$15,131--$15,131
Fees for Services Other-$6,276-$6,276
Fees for Services Accounting-$-7,000-$-7,000
Total Functional Expenses$776,047$63,247$0$839,294
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$665,103
Short-term Financing$151,804
Tenant Security Deposits$61,387
Maturity on Long-term Debt$46,721
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 delegates control over mangement duties customarily preformed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person. See schedule r for list of the management company and services they provided and page 7 of form 990 for the list of officers, directors, and trustees who were compensated by the management company.

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

The return is reviewed in detail by management and provided to the full board of directors for review

Form 990, Part VI, Section C, Line 19

Individuals that want to review organization documents, policies and financial statements are asked to put their request in writing. A date is scheduled for the individual to review the requested items at our office at 73 west 108th street, new york, ny 10025.

Filing and Contact Details

Filer

Filer Name
153 Manhattan Avenue Housing Development
EIN
13-3210128
Phone
2126784410
Address
73 WEST 108TH STREET, NEW YORK, NY 10025

Signing Officer

Name
Robin P Baez
Title
Vice President
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin P Baez
Formed
1980
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Davis Ward & Hochman LLP
Address
150 E 58th St 20TH Flr, New York, NY 10155
Preparer
David H Ward
Phone
2122302600
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization follows fasb asc 740, "income taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions. The organization is no longer subject to federal or state income tax examinations by tax authorities for years before 2017

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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015500
IRS990ScheduleD/EquipmentGrp/BookValueAmt02120
IRS990ScheduleD/EquipmentGrp/DepreciationAmt080092
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt082212
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01707088
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0869721
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02576809
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05350
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0665103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt146721
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2151804
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt361387
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MATURITY ON LONG-TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHORT-TERM FINANCING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS FASB ASC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01711208
IRS990ScheduleD/TotalLiabilityAmt0925015
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0130315
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt04935
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBIN P BAEZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0135250
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES CONTROL OVER MANGEMENT DUTIES CUSTOMARILY PREFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, OR TRUSTEES, OR KEY EMPLOYEES TO A MANAGEMENT COMPANY OR OTHER PERSON. SEE SCHEDULE R FOR LIST OF THE MANAGEMENT COMPANY AND SERVICES THEY PROVIDED AND PAGE 7 OF FORM 990 FOR THE LIST OF OFFICERS, DIRECTORS, AND TRUSTEES WHO WERE COMPENSATED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWED IN DETAIL BY MANAGEMENT AND PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDIVIDUALS THAT WANT TO REVIEW ORGANIZATION DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE ASKED TO PUT THEIR REQUEST IN WRITING. A DATE IS SCHEDULED FOR THE INDIVIDUAL TO REVIEW THE REQUESTED ITEMS AT OUR OFFICE AT 73 WEST 108TH STREET, NEW YORK, NY 10025.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0MANHATTAN VALLEY DEV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0133104087
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MANHATTAN VALLEY MANAGEMENT COMPANY INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt073 WEST 108TH STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010025
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MANHATTAN VALLEY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0132628511
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LIHTC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt073 WEST 108TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0100253222
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0182444
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0HOURLY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MANHATTAN VALLEY MANAGEMENT COMPANY INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02022524
IRS990/TotalAssetsEOYAmt02021458
IRS990/TotalAssetsGrp/BOYAmt02022524
IRS990/TotalAssetsGrp/EOYAmt02021458
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063247
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0776047
IRS990/TotalFunctionalExpensesGrp/TotalAmt0839294
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01688077

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