Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
990 • Fiscal year 2024 • EIN 13-3465387
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
42nd percentile
Higher net margin than 42% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 16.5% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Assets
Down$2,912,763
Down $48,617 (-1.6%) from 2023
Net Assets
Down-$268,162
Down $56,313 (-27%) from 2023
Liabilities
Up$3,180,925
Up $7,696 (+0.2%) from 2023
Revenue
Down$808,824
Down $78,084 (-8.8%) from 2023
Expenses
Up$881,797
Up $23,823 (+2.8%) from 2023
Net Income
Down-$72,973
Down $101,907 (-352%) from 2023
The hdfc operates a 110 unit residential building for persons of low income under an agreement with the city of new york department of housing preservation and development.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | - | $1,477,578 | - |
| Land, Buildings, and Equipment, Net | $476,362 | $563,814 | ▲ $87,452 |
| Other Notes and Loans Receivable, Net | $384,437 | $493,822 | ▲ $109,385 |
| Accounts Receivable | $244,863 | $200,612 | ▼ $44,251 |
| Cash and Non-Interest-Bearing Accounts | $174,465 | $107,795 | ▼ $66,670 |
| Savings and Temporary Cash Investments | $1,642,330 | $46,195 | ▼ $1,596,135 |
| Prepaid Expenses and Deferred Charges | $32,089 | $17,071 | ▼ $15,018 |
| Intangible Assets | - | $0 | - |
| Total Assets | $2,961,380 | $2,912,763 | ▼ $48,617 |
| Other Assets Total | $6,834 | $5,876 | ▼ $958 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $3,051,144 | $3,051,144 | → $0 |
| Other Liabilities | $97,787 | $92,143 | ▼ $5,644 |
| Accounts Payable and Accrued Expenses | $24,298 | $37,638 | ▲ $13,340 |
| Total Liabilities | $3,173,229 | $3,180,925 | ▲ $7,696 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-211,849 | $-268,162 | ▼ $56,313 |
| Total Net Assets Fund Balance | $-211,849 | $-268,162 | ▼ $56,313 |
| Total Liabilities and Net Assets / Fund Balance | $2,961,380 | $2,912,763 | ▼ $48,617 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $563,812 | $4,679,069 | $5,242,881 |
| Other Land Buildings | $0 | $164,240 | $164,240 |
| Equipment | $0 | $137,400 | $137,400 |
| Land | $2 | - | $2 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Akop Ayrapetov | Former CFO | PT | $133,429 | $133,429 |
| Name | Title |
|---|---|
| Sr Bernadette Kenny | Board Chair |
| Anne Ficklen | Director |
| Kara Magoolaghan | Director |
| Sr Chala M Hill | Director |
| Matthew Janeczko | CEO (ex-officio) |
| Johanna Kletter | COO (ex-officio) |
| Sr Georgette Lawton | Secretary |
| Carrie Bloss | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $526,378 |
| Salaries, Compensation, and Employee Benefits | $355,419 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $77,566 | $180,178 | - | $257,744 |
| Occupancy | $155,508 | - | - | $155,508 |
| Fees for Services Management | - | $80,923 | - | $80,923 |
| Other Employee Benefits | $48,073 | $18,157 | - | $66,230 |
| Depreciation Depletion | $56,509 | - | - | $56,509 |
| Payroll Taxes | $22,358 | $9,087 | - | $31,445 |
| Fees for Services Legal | $29,354 | - | - | $29,354 |
| Insurance | $27,860 | - | - | $27,860 |
| Office Expenses | - | $24,674 | - | $24,674 |
| Other Expenses | $17,917 | - | - | $17,917 |
| Fees for Services Accounting | - | $17,000 | - | $17,000 |
| Fees for Services Other | $1,020 | - | - | $1,020 |
| Total Functional Expenses | $551,778 | $330,019 | $0 | $881,797 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $881,797 |
| Total Expenses per Audited Statements | $881,797 |
| Total Expenses per Form 990 | $881,797 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Subsidy Payable | $86,907 |
| Tenant Security Deposits | $5,236 |
“The powers of the members are set forth in the bylaws and include the appointment or removal of directors to the board of directors and the amendment of the certificate of incorporation.”
“The company distributes a draft copy of the irs form 990 to its board members to review; who then are provided an opportunity to make comments or inquiries. Appropriate responses are given to their satisfaction. The board approves the filing of the form at a meeting held prior to its due date.”
“Enforcement of conflicts of interest are to be reported to the board members.”
“The organization does not pay its officers compensation. If and when that policy changes then the board will establish a compensation policy.”
“After approval of the financial statements by the board of directors on an annual basis, the organization makes available all governance documents, policy statements, financial statements and tax returns to the public, upon written request. The organization also timely files its annual char 500 report with the nys attorney general and all of its filings are made available through the nysoag charities website.”
“The organization has annual board meetings to review and approve the audited financial statements. The board also approves the selection of an independent accountant.”
“The organization is a nonprofit organization exempt from income taxes under section 501(c)(3) of the internal revenue code. The organization's accounting policy is to provide liabilities for uncertain tax positions when a liability is probable and estimable. Management has evaluated its tax positions and has determined that there are no material uncertain tax positions that require adjustment to the financial statements. In addition, management is not aware of any violation of its tax status as an organization exempt from income taxes nor of any exposure to unrelated business income tax.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 24298 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 37638 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 244863 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 200612 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE HDFC OPERATES A 110 UNIT RESIDENTIAL BUILDING FOR PERSONS OF LOW INCOME UNDER AN AGREEMENT WITH THE CITY OF NEW YORK DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CORAZON MANAGEMENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2124266317 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 209 EAST 118TH ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10035 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 174465 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 107795 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 53579 |
| IRS990/CYOtherExpensesAmt | 0 | 526378 |
| IRS990/CYOtherRevenueAmt | 0 | 15442 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 739803 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -72973 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 355419 |
| IRS990/CYTotalExpensesAmt | 0 | 881797 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 808824 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 56509 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 56509 |
| IRS990/Desc | 0 | RENTAL OPERATIONS FOR SINGLE ROOM OCCUPANCY HOUSING. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 551778 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 17000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 17000 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 29354 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 29354 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 80923 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 80923 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1020 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1020 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | 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/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | SR BERNADETTE KENNY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CARRIE BLOSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SR GEORGETTE LAWTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KARA MAGOOLAGHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SR CHALA M HILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ANNE FICKLEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MATTHEW JANECZKO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOHANNA KLETTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | AKOP AYRAPETOV |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 133429 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CEO (EX-OFFICIO) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | COO (EX-OFFICIO) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | FORMER CFO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1987 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 1 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -71 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 174000 |
| IRS990/GrossReceiptsAmt | 0 | 982895 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 27860 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 27860 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 53650 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 53650 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1477578 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4980709 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 476362 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 563814 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5544523 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 174071 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE HDFC OPERATES A 110 UNIT RESIDENTIAL BUILDING FOR PERSONS OF LOW INCOME UNDER AN AGREEMENT WITH THE CITY OF NEW YORK DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3051144 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3051144 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -211849 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -268162 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -71 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -71 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 16660 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -211849 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -268162 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 155508 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 155508 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 24674 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 24674 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 6834 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5876 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 18157 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 48073 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 66230 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | BUILDING SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | LICENSE & PERMITS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 87210 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 28403 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 17917 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 87210 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 28403 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17917 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 97787 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 92143 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531390 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 531390 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | LAUNDRY INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 14273 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1169 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 14273 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 1169 |
| IRS990/OtherRevenueTotalAmt | 0 | 15442 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 180178 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 77566 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 257744 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 384437 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 493822 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9087 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 22358 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 31445 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 32089 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 17071 |
| IRS990/PrincipalOfficerNm | 0 | MATTHEW JANECZKO |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 739803 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 739803 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | N/A |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | N/A |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 268 |
| IRS990/PYOtherExpensesAmt | 0 | 554453 |
| IRS990/PYOtherRevenueAmt | 0 | 19721 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 866919 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 28934 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 303521 |
| IRS990/PYTotalExpensesAmt | 0 | 857974 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 886908 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -72973 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 755245 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1642330 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 46195 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 53650 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 268 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 317 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 338 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1517 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 56090 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 755245 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 866919 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1348199 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 972181 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 966015 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 4908559 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 19721 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 15 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 22911 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 6024 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 48671 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 53650 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 268 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 317 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 338 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1517 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 56090 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01120 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98880 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99830 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 4957230 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 755245 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 886640 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1348214 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 995092 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 972039 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 4957230 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 808895 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 886908 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1348531 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 995430 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 973556 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 5013320 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 563812 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4679069 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5242881 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 137400 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 137400 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 881797 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 16660 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 164240 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 164240 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 86907 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 5236 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SUBSIDY PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 16660 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 808824 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 563814 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 881797 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 92143 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 808824 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 825484 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 881797 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 133429 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | AKOP AYRAPETOV |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | FORMER CFO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 133429 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE POWERS OF THE MEMBERS ARE SET FORTH IN THE BYLAWS AND INCLUDE THE APPOINTMENT OR REMOVAL OF DIRECTORS TO THE BOARD OF DIRECTORS AND THE AMENDMENT OF THE CERTIFICATE OF INCORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE COMPANY DISTRIBUTES A DRAFT COPY OF THE IRS FORM 990 TO ITS BOARD MEMBERS TO REVIEW; WHO THEN ARE PROVIDED AN OPPORTUNITY TO MAKE COMMENTS OR INQUIRIES. APPROPRIATE RESPONSES ARE GIVEN TO THEIR SATISFACTION. THE BOARD APPROVES THE FILING OF THE FORM AT A MEETING HELD PRIOR TO ITS DUE DATE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ENFORCEMENT OF CONFLICTS OF INTEREST ARE TO BE REPORTED TO THE BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION DOES NOT PAY ITS OFFICERS COMPENSATION. IF AND WHEN THAT POLICY CHANGES THEN THE BOARD WILL ESTABLISH A COMPENSATION POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | AFTER APPROVAL OF THE FINANCIAL STATEMENTS BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS, THE ORGANIZATION MAKES AVAILABLE ALL GOVERNANCE DOCUMENTS, POLICY STATEMENTS, FINANCIAL STATEMENTS AND TAX RETURNS TO THE PUBLIC, UPON WRITTEN REQUEST. THE ORGANIZATION ALSO TIMELY FILES ITS ANNUAL CHAR 500 REPORT WITH THE NYS ATTORNEY GENERAL AND ALL OF ITS FILINGS ARE MADE AVAILABLE THROUGH THE NYSOAG CHARITIES WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT. |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.