Civic Intelligence

The Greater Hunts Point Economic Development Corporation

990 • Fiscal year 2015 • EIN 13-3475185

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 18, 2016

Organization Profilewww.hpedc.org
355 Food Center DriveBronx, NY 10474

(718) 842-1717

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

5.41x

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

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

2.09x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Net Margin

5th percentile

-73%

Higher net margin than 5% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Top Officer Pay

100th percentile

$580,356

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 316.6% of source-year revenue.

2015 filings • NTEE S • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-54%

Faster asset growth than 6% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-42%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • NTEE S • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$70,733

Down $83,190 (-54%) from 2014

Net Assets

Down

-$311,825

Down $132,936 (-74%) from 2014

Liabilities

Up

$382,558

Up $49,746 (+15%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin5th percentile

Revenue

Down

$183,336

Down $130,936 (-42%) from 2014

Expenses

Down

$316,272

Down $54,767 (-15%) from 2014

Net Income

Down

-$132,936

Down $76,169 (-134%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2010: $152,379Liabilities 2010: $277,432Net Assets 2010: -$125,0532010Assets 2011: $100,051Liabilities 2011: $181,168Net Assets 2011: -$81,1172011Assets 2012: $136,392Liabilities 2012: $213,789Net Assets 2012: -$77,3972012Assets 2013: $164,682Liabilities 2013: $286,804Net Assets 2013: -$122,1222013Assets 2014: $153,923Liabilities 2014: $332,812Net Assets 2014: -$178,8892014Assets 2015: $70,733Liabilities 2015: $382,558Net Assets 2015: -$311,8252015Assets 2016: $16,082Liabilities 2016: $390,834Net Assets 2016: -$374,7522016Assets 2017: $33,393Liabilities 2017: $404,5422017Assets 2020: $182,757Liabilities 2020: $522,138Net Assets 2020: -$339,3812020Assets 2021: $220,337Liabilities 2021: $511,732Net Assets 2021: -$291,3952021Assets 2022: $61,387Liabilities 2022: $302,222Net Assets 2022: -$240,8352022Assets 2023: $116,444Liabilities 2023: $301,772Net Assets 2023: -$185,3282023Assets 2024: $174,645Liabilities 2024: $291,772Net Assets 2024: -$117,1272024

Highlighted filing

2015

Assets$70,733
Liabilities$382,558
Net Assets-$311,825
Open 2015 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $528,362Expenses 2010: $466,632Net Income 2010: $61,7302010Revenue 2011: $473,644Expenses 2011: $429,708Net Income 2011: $43,9362011Revenue 2012: $470,989Expenses 2012: $467,269Net Income 2012: $3,7202012Revenue 2013: $130,238Expenses 2013: $118,353Net Income 2013: $11,8852013Revenue 2014: $314,272Expenses 2014: $371,039Net Income 2014: -$56,7672014Revenue 2015: $183,336Expenses 2015: $316,272Net Income 2015: -$132,9362015Revenue 2016: $85,009Expenses 2016: $147,936Net Income 2016: -$62,9272016Revenue 2017: $14,639Expenses 2017: $11,036Net Income 2017: $3,6032017Revenue 2020: $142,522Expenses 2020: $92,222Net Income 2020: $50,3002020Revenue 2021: $102,137Expenses 2021: $54,151Net Income 2021: $47,9862021Revenue 2022: $69,378Expenses 2022: $18,818Net Income 2022: $50,5602022Revenue 2023: $72,679Expenses 2023: $17,172Net Income 2023: $55,5072023Revenue 2024: $87,548Expenses 2024: $19,347Net Income 2024: $68,2012024

Highlighted filing

2015

Revenue$183,336
Expenses$316,272
Net Income-$132,936
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 18, 2016
Return Version
2015v2.1
Gross Receipts
$206,214
Mission and Program Overview

Mission

Ghpedc operates to enhance the image and working environment for over 650 businesses located in the hunts point industrial park and distribution center. Ghpedc also provide businesses with various programs that include a chamber of commerce, business outreach services, financial services, employment, training and recruitment, commercial revitalization and industrial park maintenance.

Provide technical assistance to aspiring businesses in the section of hunts point. enhance the image and working environment for the businesses located in hunts point. providing consulting to NYC economic development in connection with hunts point.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$136,876$54,230▼ $82,646
Savings and Temporary Cash Investments$4,200$13,319▲ $9,119
Prepaid Expenses and Deferred Charges-$54-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$153,923$70,733▼ $83,190
Other Assets Total$12,847$3,130▼ $9,717
Liabilities
Other Liabilities$247,068$331,901▲ $84,833
Accounts Payable and Accrued Expenses$71,744$50,657▼ $21,087
Mortgage Notes Payable Secured by Investment Property$14,000--
Total Liabilities$332,812$382,558▲ $49,746
Net Assets / Fund Balance
Unrestricted Net Assets$-178,889$-311,825▼ $132,936
Total Net Assets Fund Balance$-178,889$-311,825▼ $132,936
Total Liabilities and Net Assets / Fund Balance$153,923$70,733▼ $83,190

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$122,545$122,545
Leasehold Improvements$0$20,640$20,640
Other Land Buildings$0$11,503$11,503
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Josephine InfanteCEOFT$65,167$65,167

Board Members and Trustees

NameTitle
Paloma HernandezChair
James LanfranchiBoard Member
Philip LondonBoard Member
Rafael SalamancaBoard Member
Charles Gonzalez JrOutgoing Board Member
Berenice DiazAVP of Finance
Ralph Martinezsecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$183,448
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$-123
Change in Net Assets
$-132,936

Audited Revenue Reconciliation

Revenue per Audited Statements
$185,389
Revenue Not Reported on Financial Statements
$-2,053
Revenue Not Reported on Form 990
$25,069
Other Revenue Adjustments
$-2,053
Total Revenue per Audited Statements
$210,458
Total Revenue per Form 990
$183,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,159
Other Expenses$125,113
Total Fundraising Expense$27,122
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,469$36,933-$101,402
Current Officers, Directors, Trustees, and Key Employees$41,432$23,735-$65,167
Occupancy$28,332$7,083-$35,415
Fees for Services Accounting$10,570$5,802-$16,372
Payroll Taxes$10,205$5,846-$16,051
Fees for Services Legal$12,640--$12,640
Office Expenses$8,004$2,000-$10,004
Other Employee Benefits$5,429$3,110-$8,539
Conferences and Meetings$3,312$951-$4,263
Insurance$1,802$450-$2,252
Advertising$1,302$326-$1,628
Travel$490--$490
Information Technology$307$77-$384
Other Expenses$148$37$27,122$185
All Other Expenses$78$20-$98
Total Functional Expenses$199,928$89,222$27,122$316,272

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$343,394
Expenses per Audited Statements$316,272
Total Expenses per Form 990$316,272
Expenses Not Reported on Form 990$27,122
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,878
Fundraising Gross Income$20,736
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tent Party$75,725$20,736-$20,736
Total Events$75,725$20,736$22,878$-2,142
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
subvention payable$200,000
due to related parties$131,901
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

“Urban health plan is the sole member of the organization.”

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

“urban health plan is the sole member with the power to appoint members of the governing body.”

Form 990, Part VI, Section B, line 11

“FORM 990 IS prepared by an independent accounting firm and reviewed by HPEDC's management. The return is then Reviewed BY MEMBERS OF THE FINANCE COMMITTEE OF THE BOARD. once approved by the finance committee, the return is presented to the full board and subsequently filed with the irs.”

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

“on an annual basis, conflict of interest forms are completed by officers and members of the board. any perceived conflicts are documented and the member is precluded from voting on transations associated with disclosed conflict.”

Form 990, Part VI, Section B, line 15A

“The compensation committee of the board reviews and recommends the salary level of the ceo after reviewing competitive salary levels at similar organizations and compensation surveys, as well after considering the performance of the individual.”

Form 990, Part VI, Section C, line 19

“the documents are available by request.”

Filing and Contact Details

Filer

Filer Name
Hunts Point Economic Development
EIN
13-3475185
Phone
7188421717
Address
355 Food Center Drive, BRONX, NY 10474

Signing Officer

Name
paloma hernandez
Title
chair
Phone
7188421717
Signed
2016-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josephine Infante
Formed
1988
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
6
Volunteers
7

Preparer

Firm
Cohnreznick Llp
Address
1212 Avenue of the Americas, New York, NY 10036
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

form 990, part XII, line 2C:

“the process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Organization has no unrecognized tax benefits at December 31, 2015. The Organization's federal and state income tax returns prior to fiscal year 2012 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The Organization recognizes interest and penalties associated with tax matters as operating expenses and includes accrued interest and penalties with accrued expenses in the statement of financial position.”

Part XI, Line 4B - Other Adjustments:

“direct fundraising expenses -2,053.”

Part XII, Line 2D - Other Adjustments:

“direct fundraising expenses 2,053.”

Raw XML AppendixShowing 400 of 561 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt071744
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt050657
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide technical assistance to aspiring businesses in the section of hunts point. enhance the image and working environment for the businesses located in hunts point. providing consulting to NYC economic development in connection with hunts point.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0326
IRS990/AdvertisingGrp/ProgramServicesAmt01302
IRS990/AdvertisingGrp/TotalAmt01628
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt020
IRS990/AllOtherExpensesGrp/ProgramServicesAmt078
IRS990/AllOtherExpensesGrp/TotalAmt098
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Berenice Diaz
IRS990/BooksInCareOfDetail/PhoneNum07185891687
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01231 LAFAYETTE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010474
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt023735
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt041432
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt065167
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0951
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03312
IRS990/ConferencesMeetingsGrp/TotalAmt04263
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt054989
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0183448
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011
IRS990/CYOtherExpensesAmt0125113
IRS990/CYOtherRevenueAmt0-123
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-132936
IRS990/CYSalariesCompEmpBnftPaidAmt0191159
IRS990/CYTotalExpensesAmt0316272
IRS990/CYTotalFundraisingExpenseAmt027122
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0183336
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0NYS ENTREPRENEURIAL ASSISTANCE PROGRAM - TRAIN AND COUNSEL LOW INCLOME MEN AND WOMEN ON HOW TO START A BUSINESS BY OFFERING A 10 WEEK, 60 HOURS BUSINESS PLAN TRAINING PROGRAM AND INDIVIDUAL COUNSELING UTILIZING THE NXLEVEL METHOD. THE ORGANIZATION ALSO OFFERES ASSISTANCE TO THE CLIENTS IN BECOMING CERTIFIED BY THE NEW YORK STATE AS A NYS MWBE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0112014
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05802
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010570
IRS990/FeesForServicesAccountingGrp/TotalAmt016372
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt012640
IRS990/FeesForServicesLegalGrp/TotalAmt012640
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt237.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2118573
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt614955
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Charles Gonzalez Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1James Lanfranchi
IRS990/Form990PartVIISectionAGrp/PersonNm2Paloma Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm3Philip London
IRS990/Form990PartVIISectionAGrp/PersonNm4Rafael Salamanca
IRS990/Form990PartVIISectionAGrp/PersonNm5Ralph Martinez
IRS990/Form990PartVIISectionAGrp/PersonNm6Berenice Diaz
IRS990/Form990PartVIISectionAGrp/PersonNm7Josephine Infante
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt765167
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2461783
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6187017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Outgoing Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6AVP of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt054989
IRS990/FundraisingDirectExpensesAmt022878
IRS990/FundraisingGrossIncomeAmt020736
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt095774
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0206214
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt077
IRS990/InformationTechnologyGrp/ProgramServicesAmt0307
IRS990/InformationTechnologyGrp/TotalAmt0384
IRS990/InsuranceGrp/ManagementAndGeneralAmt0450
IRS990/InsuranceGrp/ProgramServicesAmt01802
IRS990/InsuranceGrp/TotalAmt02252
IRS990/InvestmentIncomeGrp/ExclusionAmt011
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0154688
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0154688
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt032685
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HPEDC OPERATES TO ENHANCE THE IMAGE AND WORKING ENVIRONMENT FOR OVER 650 BUSINESSES LOCATED IN THE HUNTS POINT INDUSTRIAL PARK AND DISTRIBUTION CENTER. HPEDC ALSO PROVIDE BUSINESSES WITH VARIOUS PROGRAMS THAT INCLUDE A CHAMBER OF COMMERCE, BUSINESS OUTREACH SERVICES, FINANCIAL SERVICES, EMPLOYMENT, TRAINING AND RECRUITMENT, COMMERCIAL REVITALIZATION AND INDUSTRIAL PARK MAINTENANCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014000
IRS990/NetAssetsOrFundBalancesBOYAmt0-178889
IRS990/NetAssetsOrFundBalancesEOYAmt0-311825
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2142
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2142
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07083
IRS990/OccupancyGrp/ProgramServicesAmt028332
IRS990/OccupancyGrp/TotalAmt035415
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02000
IRS990/OfficeExpensesGrp/ProgramServicesAmt08004
IRS990/OfficeExpensesGrp/TotalAmt010004
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012847
IRS990/OtherAssetsTotalGrp/EOYAmt03130
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03110
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05429
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08539
IRS990/OtherExpensesGrp/Desc0tent party expense
IRS990/OtherExpensesGrp/Desc1Filing fees
IRS990/OtherExpensesGrp/Desc2equipment rental and ma
IRS990/OtherExpensesGrp/Desc3Permits
IRS990/OtherExpensesGrp/FundraisingAmt027122
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01912
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1940
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt237
IRS990/OtherExpensesGrp/ProgramServicesAmt07648
IRS990/OtherExpensesGrp/ProgramServicesAmt13760
IRS990/OtherExpensesGrp/ProgramServicesAmt2148
IRS990/OtherExpensesGrp/TotalAmt027122
IRS990/OtherExpensesGrp/TotalAmt19560
IRS990/OtherExpensesGrp/TotalAmt24700
IRS990/OtherExpensesGrp/TotalAmt3185
IRS990/OtherLiabilitiesGrp/BOYAmt0247068
IRS990/OtherLiabilitiesGrp/EOYAmt0331901
IRS990/OtherRevenueMiscGrp/BusinessCd0909999
IRS990/OtherRevenueMiscGrp/BusinessCd1909999
IRS990/OtherRevenueMiscGrp/Desc0rebates and refunds
IRS990/OtherRevenueMiscGrp/Desc1training programs
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01969
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01969
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150
IRS990/OtherRevenueTotalAmt02019
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036933
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064469
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101402
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05846
IRS990/PayrollTaxesGrp/ProgramServicesAmt010205
IRS990/PayrollTaxesGrp/TotalAmt016051
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0136876
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt054230
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt054
IRS990/PrincipalOfficerNm0JOSEPHINE INFANTE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SBA Women's business center program - program is designed to assist women in starting and growing small businesses who face unique obstacles in the business world. program also provides women who are economically or socially disadvantaged comprehensive training and counseling on a variety of topics in business development and services of the small business administration.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt087914
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0265757
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0164896
IRS990/PYOtherRevenueAmt048515
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-56767
IRS990/PYSalariesCompEmpBnftPaidAmt0206143
IRS990/PYTotalExpensesAmt0371039
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0314272
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-132936
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02019
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04200
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013319
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0fundraising revenue - 2011 Amount: $ 129,527. 2012 Amount: $ 57,685. 2013 Amount: $ 90,248. 2014 Amount: $ 93,959. 2015 Amount: $ 20,736. other income - 2012 Amount: $ 22,375. 2013 Amount: $ 3,071. 2014 Amount: $ 8,825. 2015 Amount: $ 2,019.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt12013 was a short year due to a change in accounting period by the organization.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1form 990, sch a, part II:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0183448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0265757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt090248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0320701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0387246
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01247400
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt022755
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0102784
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt093319
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt080060
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0129527
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0428445
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72470
IRS990ScheduleA/PublicSupportPY170Pct00.95340
IRS990ScheduleA/PublicSupportTotal170Amt01214428
IRS990ScheduleA/SubstantialContributorsTotAmt032972
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0183448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0265757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt090248
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0320701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0387246
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01247400
IRS990ScheduleA/TotalSupportAmt01675856
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt025069
IRS990ScheduleD/DonatedServicesUseFcltsAmt025069
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0122545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122545
IRS990ScheduleD/ExpensesNotReportedAmt027122
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0316272
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt020640
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020640
IRS990ScheduleD/OtherExpensesIncludedAmt02053
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011503
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0131901
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1200000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0due to related parties
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1subvention payable
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-2053
IRS990ScheduleD/RevenueNotReportedAmt025069
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-2053
IRS990ScheduleD/RevenueSubtotalAmt0185389
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has no unrecognized tax benefits at December 31, 2015. The Organization's federal and state income tax returns prior to fiscal year 2012 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The Organization recognizes interest and penalties associated with tax matters as operating expenses and includes accrued interest and penalties with accrued expenses in the statement of financial position.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1direct fundraising expenses -2,053.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2direct fundraising expenses 2,053.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0316272
IRS990ScheduleD/TotalLiabilityAmt0331901
IRS990ScheduleD/TotalRevenuePerForm990Amt0183336
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0210458
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0343394
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt054989
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt054989
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022878
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04475
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04475
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Tent Party
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt075725
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt075725
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020736
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020736
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2142
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018403
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018403
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt083353
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt112000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0358965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1155787
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0107950
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt14613
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,733
Liabilities
$382,558
Net assets
-$311,825
Revenue
$183,336
Expenses
$316,272
Net income
-$132,936
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.75$2.92$1.17$0.88$0.19$0.68
2023Detailed filing. Detailed filing data is available for this year.$1.16$3.02$1.85$0.73$0.17$0.56
2022Detailed filing. Detailed filing data is available for this year.$0.61$3.02$2.41$0.69$0.19$0.51
2021Detailed filing. Detailed filing data is available for this year.$2.20$5.12$2.91$1.02$0.54$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$5.22$3.39$1.43$0.92$0.50
2017Summary only. Only limited summary data is available for this year.$0.33$4.05$0.15$0.11$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$3.91$3.75$0.85$1.48$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.71$3.83$3.12$1.83$3.16$1.33
2014Summary only. Only limited summary data is available for this year.$1.54$3.33$1.79$3.14$3.71$0.57
2013Summary only. Only limited summary data is available for this year.$1.65$2.87$1.22$1.30$1.18$0.12
2012Summary only. Only limited summary data is available for this year.$1.36$2.14$0.77$4.71$4.67$0.04
2011Summary only. Only limited summary data is available for this year.$1.00$1.81$0.81$4.74$4.30$0.44
2010Summary only. Only limited summary data is available for this year.$1.52$2.77$1.25$5.28$4.67$0.62