Civic Intelligence

Tbm Housing Development Fund

EIN 13-3227442 • 501(c)3 • Bronx, NY

Profile

To provide subsidized housing for low income senior citizens.

1250 Waters Place Tower 1 No 602Bronx, NY 10461

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.90x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

12.60x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

84th percentile

43%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-66%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$112,258

Up $33,574 (+43%) from 2014

Liabilities

Up

$213,045

Up $16,659 (+8.5%) from 2014

Net Assets

Up

-$100,787

Up $16,915 (+14%) from 2014

Revenue

Down

$16,915

Down $33,216 (-66%) from 2014

Expenses

Down

$0

Down $14,787 (-100%) from 2014

Net Income

Down

$16,915

Down $18,429 (-52%) from 2014

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2010: $4,578,407Liabilities 2010: $6,585,612Net Assets 2010: -$2,007,2052010Assets 2011: $4,662,350Liabilities 2011: $6,713,608Net Assets 2011: -$2,051,2582011Assets 2012: $4,556,405Liabilities 2012: $6,657,487Net Assets 2012: -$2,101,0822012Assets 2013: $103,700Liabilities 2013: $256,746Net Assets 2013: -$153,0462013Assets 2014: $78,684Liabilities 2014: $196,386Net Assets 2014: -$117,7022014Assets 2015: $112,258Liabilities 2015: $213,045Net Assets 2015: -$100,7872015

Highlighted filing

2015

Assets$112,258
Liabilities$213,045
Net Assets-$100,787

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,694,0412010Expenses 2011: $1,737,4212011Expenses 2012: $1,735,2832012Revenue 2013: $7,873,027Expenses 2013: $5,924,991Net Income 2013: $1,948,0362013Revenue 2014: $50,131Expenses 2014: $14,787Net Income 2014: $35,3442014Revenue 2015: $16,915Expenses 2015: $0Net Income 2015: $16,9152015

Highlighted filing

2015

Revenue$16,915
Expenses$0
Net Income$16,915

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$16,915
Mission and Program Overview

Mission

To provide subsidized housing for low income senior citizens.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUBSIDIZED HOUSING FOR LOW INCOME SENIOR CITIZENS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL S FASSLERPresident/CEO-$0--
STEPHEN B MANNTreasurer/Sr VP-Admin-$0--
RUSSEL KIVLERDirector-$0--
IRA GREENSenior VP/CFO-$0--
CHRISTIE O'TOOLEChief Administrative Officer-$0--
PAUL ROSENFELDSecretary-$0--
JEFFREY P GOLDSTIENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Tbm Housing Development Fund
EIN
13-3227442
Phone
7185194238
Address
1250 WATERS PLACE TOWER 1 NO 602, BRONX, NY 10461

Signing Officer

Name
Mary Shinham
Title
CFO
Phone
7185194238
Signed
2016-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Loeb & Troper Llp
Address
655 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017
Preparer
Aaron Shapiro
Phone
2128674000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous. Amount: 16,774. Description: interest. Amount: 141. Total to form 990-ez, line 8: 16,915.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 2,387. End of year amount: 2,357.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 14,783. End of year amount: 31,442. Description: due to related parties. Beg. Of year amount: 181,603. End of year amount: 181,603.

Raw XML Appendix187 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS. AMOUNT: 16,774. DESCRIPTION: INTEREST. AMOUNT: 141. TOTAL TO FORM 990-EZ, LINE 8: 16,915.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 2,387. END OF YEAR AMOUNT: 2,357.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARY SHINHAM
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ReturnHeader/BusinessOfficerGrp/PhoneNum07185194238
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TBM HOUSING DEVELOPMENT FUND
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ReturnHeader/PreparerPersonGrp/PhoneNum02128674000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON SHAPIRO
ReturnHeader/ReturnTs02016-11-12T23:22:03-06:00
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ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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