Civic Intelligence

Crotona Park West Housing Development Fund Corporation

EIN 13-3514343 • 501(c)3 • New York, NY

Profile

Crotona park west housing development fund corporation was formed to provide housing for persons of low and moderate income.

257 Park Avenue South 12th FloorNew York, NY 10010

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

2.83x

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

NTEE L • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

7.40x

Higher debt load relative to revenue than 76% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Net Margin

19th percentile

-17%

Higher net margin than 19% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$990,213

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

NTEE L • $10M-$25M nonprofits • Source year 2024

Asset Growth

7th percentile

-7.6%

Faster asset growth than 7% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

2.5%

Faster revenue growth than 42% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$20,249,432

Down $1,661,745 (-7.6%) from 2023

Liabilities

Down

$57,386,603

Down $383,652 (-0.7%) from 2023

Net Assets

Down

-$37,137,171

Down $1,278,093 (-3.6%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin19th percentile

Revenue

Up

$7,751,111

Up $189,301 (+2.5%) from 2023

Expenses

Down

$9,031,196

Down $719,718 (-7.4%) from 2023

Net Income

Up

-$1,280,085

Up $909,019 (+42%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$100M$50M$0-$50MAssets 2011: $30,553,919Liabilities 2011: $50,043,623Net Assets 2011: -$19,489,7042011Assets 2012: $29,687,174Liabilities 2012: $50,524,762Net Assets 2012: -$20,837,5882012Assets 2013: $28,848,489Liabilities 2013: $51,110,629Net Assets 2013: -$22,262,1402013Assets 2014: $27,658,938Liabilities 2014: $51,517,594Net Assets 2014: -$23,858,6562014Assets 2015: $27,240,455Liabilities 2015: $52,364,025Net Assets 2015: -$25,123,5702015Assets 2016: $26,644,812Liabilities 2016: $52,371,305Net Assets 2016: -$25,726,4932016Assets 2017: $26,546,551Liabilities 2017: $53,074,110Net Assets 2017: -$26,527,5592017Assets 2018: $26,111,387Liabilities 2018: $53,574,012Net Assets 2018: -$27,462,6252018Assets 2019: $25,826,097Liabilities 2019: $54,356,282Net Assets 2019: -$28,530,1852019Assets 2020: $24,735,989Liabilities 2020: $54,684,136Net Assets 2020: -$29,948,1472020Assets 2021: $24,353,081Liabilities 2021: $55,957,494Net Assets 2021: -$31,604,4132021Assets 2022: $23,041,523Liabilities 2022: $56,863,966Net Assets 2022: -$33,822,4432022Assets 2023: $21,911,177Liabilities 2023: $57,770,255Net Assets 2023: -$35,859,0782023Assets 2024: $20,249,432Liabilities 2024: $57,386,603Net Assets 2024: -$37,137,1712024

Highlighted filing

2024

Assets$20,249,432
Liabilities$57,386,603
Net Assets-$37,137,171
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$10M$5.0M$0-$5.0MExpenses 2011: $6,294,0942011Expenses 2012: $6,788,8002012Revenue 2013: $5,561,250Expenses 2013: $6,944,051Net Income 2013: -$1,382,8012013Revenue 2014: $5,811,456Expenses 2014: $7,420,102Net Income 2014: -$1,608,6462014Revenue 2015: $6,094,936Expenses 2015: $7,367,273Net Income 2015: -$1,272,3372015Revenue 2016: $6,287,105Expenses 2016: $6,895,744Net Income 2016: -$608,6392016Revenue 2017: $6,707,695Expenses 2017: $7,490,437Net Income 2017: -$782,7422017Revenue 2018: $6,809,106Expenses 2018: $7,705,762Net Income 2018: -$896,6562018Revenue 2019: $6,913,734Expenses 2019: $7,986,048Net Income 2019: -$1,072,3142019Revenue 2020: $7,035,959Expenses 2020: $8,389,813Net Income 2020: -$1,353,8542020Revenue 2021: $7,261,955Expenses 2021: $8,884,108Net Income 2021: -$1,622,1532021Revenue 2022: $7,388,365Expenses 2022: $9,604,749Net Income 2022: -$2,216,3842022Revenue 2023: $7,561,810Expenses 2023: $9,750,914Net Income 2023: -$2,189,1042023Revenue 2024: $7,751,111Expenses 2024: $9,031,196Net Income 2024: -$1,280,0852024

Highlighted filing

2024

Revenue$7,751,111
Expenses$9,031,196
Net Income-$1,280,085
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$20,249,432
Liabilities
$57,386,603
Net assets
-$37,137,171
Revenue
$7,751,111
Expenses
$9,031,196
Net income
-$1,280,085
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$57.4$37.1$7.75$9.03$1.28
2023Detailed filing. Detailed filing data is available for this year.$21.9$57.8$35.9$7.56$9.75$2.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$56.9$33.8$7.39$9.60$2.22
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$24.4$56.0$31.6$7.26$8.88$1.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$54.7$29.9$7.04$8.39$1.35
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$25.8$54.4$28.5$6.91$7.99$1.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.1$53.6$27.5$6.81$7.71$0.90
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.5$53.1$26.5$6.71$7.49$0.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$52.4$25.7$6.29$6.90$0.61
2015Detailed filing. Detailed filing data is available for this year.$27.2$52.4$25.1$6.09$7.37$1.27
2014Detailed filing. Detailed filing data is available for this year.$27.7$51.5$23.9$5.81$7.42$1.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$51.1$22.3$5.56$6.94$1.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$50.5$20.8$6.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$50.0$19.5$6.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$7,751,111
Mission and Program Overview

Mission

Crotona park west housing development fund corporation was formed to provide housing for persons of low and moderate income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,765,949$16,774,902▼ $991,047
Savings and Temporary Cash Investments$2,477,110$1,435,329▼ $1,041,781
Prepaid Expenses and Deferred Charges$971,826$978,010▲ $6,184
Accounts Receivable$326,916$906,139▲ $579,223
Cash and Non-Interest-Bearing Accounts$341,304$130,194▼ $211,110
Intangible Assets$26,407$22,314▼ $4,093
Total Assets$21,911,177$20,249,432▼ $1,661,745
Other Assets Total$1,665$2,544▲ $879
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,647,321$40,647,321→ $0
Other Liabilities$14,177,010$14,707,759▲ $530,749
Accounts Payable and Accrued Expenses$2,469,068$1,552,775▼ $916,293
Escrow Account Liability$476,856$478,748▲ $1,892
Total Liabilities$57,770,255$57,386,603▼ $383,652
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-35,859,078$-37,137,171▼ $1,278,093
Total Net Assets Fund Balance$-35,859,078$-37,137,171▼ $1,278,093
Total Liabilities and Net Assets / Fund Balance$21,911,177$20,249,432▼ $1,661,745

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,539,340$37,296,340$53,835,680
Equipment$235,562$526,486$762,048
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victor LopezVP/area ManagerFT$122,195$32,932$155,127

Board Members and Trustees

NameTitle
Adam WeinsteinPresident/CEO
Matthew KellyVice President
Michael WadmanVice President
James Robert Pigott JrVice President and Secreta
Eric AndersonDirector
Lukeman OgunyinkaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Watch Guard 247 LLCSecurity Services71-16 MYRTLE AVENUE, Glendale, NY 11385$670,918
Revenue and Support

Revenue Composition

Contributions and Grants
$55,000
Program Service Revenue
$7,510,228
Investment Income
$48,076
Other Revenue
$137,807
Change in Net Assets
$-1,280,085

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,751,111
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,751,111
Total Revenue per Form 990
$7,751,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,813,667
Salaries, Compensation, and Employee Benefits$2,217,529
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,754,996--$1,754,996
Occupancy$1,623,144--$1,623,144
Other Salaries and Wages$1,503,709--$1,503,709
Insurance$678,905--$678,905
Other Employee Benefits$451,975--$451,975
Fees for Services Other$416,596$23,324-$439,920
Interest$406,473--$406,473
Fees for Services Management-$392,312-$392,312
Pension Plan Contributions$135,463--$135,463
Payroll Taxes$126,382--$126,382
All Other Expenses$77,667$15,003-$92,670
Fees for Services Legal$90,986--$90,986
Office Expenses$12,665$73,358-$86,023
Information Technology-$59,078-$59,078
Fees for Services Accounting-$33,000-$33,000
Other Expenses$234,849$12,502-$12,502
Advertising$201--$201
Total Functional Expenses$8,422,619$608,577$0$9,031,196

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,031,196
Total Expenses per Audited Statements$9,031,196
Total Expenses per Form 990$9,031,196
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
Accrued Interest Payable$12,462,510
Due to Phipps Houses$2,245,249
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
No
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 corporation has an agreement with phipps houses services, inc. ("phsi"), an affiliate of phipps, for the management of project operations. Management fees earned by phsi for the years ended september 30, 2024 amounted to $325,574.”

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

“Certain members of the organization's governing body review the form 990 for accuracy of content and discuss as necessary.”

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

“Officers and directors must complete and certify annually a list of conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The organization does not compensate any officers or key employees.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

FORM 990, PART VII, SECTION A:

“The compensation of the president/ceo, vice presidents, secretary and treasurer reflects their contributions to not only crotona park west housing development fund corporation but to all of its affiliated entities. On a consolidated basis, the phipps houses group has annual revenue in excess of over $100 million and assets currently in excess of $2 billion.”

Filing and Contact Details

Filer

Filer Name
Crotona Park West Housing Development
EIN
13-3514343
Phone
2122439090
Address
257 PARK AVENUE SOUTH 12TH FLOOR, NEW YORK, NY 10010

Signing Officer

Name
Lukeman Ogunyinka
Title
Treasurer
Phone
2122439090
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Weinstein
Formed
1989
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
1
Employees
34
Volunteers
1

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Postretirement benefit adjustment 1,992.”

Financial Statement Notes

PART IV, LINE 2B:

“The organization maintains tenant security deposits as required be state law.”

PART X, LINE 2:

“The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended september 30, 2024. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Management has analyzed the tax positions taken by the corporation and has concluded that, as of september 30, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2021 remain open.”

Raw XML AppendixShowing 400 of 1,797 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/BOYAmt02469068
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01552775
IRS990/AccountsReceivableGrp/BOYAmt0326916
IRS990/AccountsReceivableGrp/EOYAmt0906139
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CROTONA PARK WEST HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED TO PROVIDE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt0201
IRS990/AdvertisingGrp/TotalAmt0201
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015003
IRS990/AllOtherExpensesGrp/ProgramServicesAmt077667
IRS990/AllOtherExpensesGrp/TotalAmt092670
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LUKEMAN OGUNYINKA
IRS990/BooksInCareOfDetail/PhoneNum02122439090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0257 PARK AVENUE SOUTH 12TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010010
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0341304
IRS990/CashNonInterestBearingGrp/EOYAmt0130194
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0670918
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt071-16 MYRTLE AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GLENDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011385
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WATCH GUARD 247 LLC
IRS990/ContractorCompensationGrp/ServicesDesc0SECURITY SERVICES
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt055000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048076
IRS990/CYOtherExpensesAmt06813667
IRS990/CYOtherRevenueAmt0137807
IRS990/CYProgramServiceRevenueAmt07510228
IRS990/CYRevenuesLessExpensesAmt0-1280085
IRS990/CYSalariesCompEmpBnftPaidAmt02217529
IRS990/CYTotalExpensesAmt09031196
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07751111
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01754996
IRS990/DepreciationDepletionGrp/TotalAmt01754996
IRS990/Desc0TO PROVIDE LOW AND MODERATE INCOME HOUSING FOR 563 WORKING FAMILIES AND COMBAT COMMUNITY DETERIORATION IN A BLIGHTED INNER URBAN CITY AREA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
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IRS990/DonorAdvisedFundInd00
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IRS990/EmployeeCnt034
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0476856
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IRS990/ExpenseAmt08422619
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt033000
IRS990/FeesForServicesAccountingGrp/TotalAmt033000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt090986
IRS990/FeesForServicesLegalGrp/TotalAmt090986
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0392312
IRS990/FeesForServicesManagementGrp/TotalAmt0392312
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt023324
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0416596
IRS990/FeesForServicesOtherGrp/TotalAmt0439920
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt262804
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IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM WEINSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES ROBERT PIGOTT JR
IRS990/Form990PartVIISectionAGrp/PersonNm2LUKEMAN OGUNYINKA
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIC ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4MATTHEW KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL WADMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6VICTOR LOPEZ
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND SECRETA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP/AREA MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07751111
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt059078
IRS990/InformationTechnologyGrp/TotalAmt059078
IRS990/InsuranceGrp/ProgramServicesAmt0678905
IRS990/InsuranceGrp/TotalAmt0678905
IRS990/IntangibleAssetsGrp/BOYAmt026407
IRS990/IntangibleAssetsGrp/EOYAmt022314
IRS990/InterestGrp/ProgramServicesAmt0406473
IRS990/InterestGrp/TotalAmt0406473
IRS990/InvestmentIncomeGrp/ExclusionAmt048076
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048076
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt037822826
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017765949
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016774902
IRS990/LandBldgEquipCostOrOtherBssAmt054597728
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0111407
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0111407
IRS990/MissionDesc0CROTONA PARK WEST HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED TO PROVIDE HOUSING FOR PERSONS OF LOW AND MODERATE INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt040647321
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt040647321
IRS990/NetAssetsOrFundBalancesBOYAmt0-35859078
IRS990/NetAssetsOrFundBalancesEOYAmt0-37137171
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-35859078
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-37137171
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01623144
IRS990/OccupancyGrp/TotalAmt01623144
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt073358
IRS990/OfficeExpensesGrp/ProgramServicesAmt012665
IRS990/OfficeExpensesGrp/TotalAmt086023
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01665
IRS990/OtherAssetsTotalGrp/EOYAmt02544
IRS990/OtherChangesInNetAssetsAmt01992
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0451975
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0451975
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SOCIAL SERVICE FEES
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSES
IRS990/OtherExpensesGrp/Desc3PAYROLL PROCCESSING FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012502
IRS990/OtherExpensesGrp/ProgramServicesAmt0584866
IRS990/OtherExpensesGrp/ProgramServicesAmt1323742
IRS990/OtherExpensesGrp/ProgramServicesAmt2234849
IRS990/OtherExpensesGrp/TotalAmt0584866
IRS990/OtherExpensesGrp/TotalAmt1323742
IRS990/OtherExpensesGrp/TotalAmt2234849
IRS990/OtherExpensesGrp/TotalAmt312502
IRS990/OtherLiabilitiesGrp/BOYAmt014177010
IRS990/OtherLiabilitiesGrp/EOYAmt014707759
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt026400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt026400
IRS990/OtherRevenueTotalAmt0137807
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01503709
IRS990/OtherSalariesAndWagesGrp/TotalAmt01503709
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0126382
IRS990/PayrollTaxesGrp/TotalAmt0126382
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0135463
IRS990/PensionPlanContributionsGrp/TotalAmt0135463
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0971826
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0978010
IRS990/PrincipalOfficerNm0ADAM WEINSTEIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07510228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07510228
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt095471
IRS990/PYOtherExpensesAmt07150778
IRS990/PYOtherRevenueAmt0108523
IRS990/PYProgramServiceRevenueAmt07357816
IRS990/PYRevenuesLessExpensesAmt0-2189104
IRS990/PYSalariesCompEmpBnftPaidAmt02600136
IRS990/PYTotalExpensesAmt09750914
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07561810
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1280085
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt055000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07648035
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02477110
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01435329
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt055000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt087900
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0142900
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY INCOME - 2019 AMOUNT: $ 26,400. 2020 AMOUNT: $ 26,400. 2021 AMOUNT: $ 26,400. 2022 AMOUNT: $ 26,400. 2023 AMOUNT: $ 26,400. TENANT CHARGES - 2019 AMOUNT: $ 24,716. 2020 AMOUNT: $ 39,107. 2021 AMOUNT: $ 3,022. MISCELLANEOUS - 2019 AMOUNT: $ 19,437. 2020 AMOUNT: $ 35,064. 2021 AMOUNT: $ 36,577. 2022 AMOUNT: $ 82,123. 2023 AMOUNT: $ 111,407.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt055000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt087900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0142900
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt095471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019866
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0438
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028353
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0192204
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07510228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07357816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07214600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07160946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06937053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt036180643
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt095471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0438
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0192204
IRS990ScheduleA/InvestmentIncomeCYPct00.00520
IRS990ScheduleA/InvestmentIncomePYPct00.00660
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0137807
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0108523
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt065999
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0100571
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt070553
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0483453
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97790
IRS990ScheduleA/PublicSupportPY509Pct00.97920
IRS990ScheduleA/PublicSupportTotal509Amt036180643
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt055000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt087900
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0142900
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07565228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07357816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07302500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07160946
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06937053
IRS990ScheduleA/Total509Grp/TotalAmt036323543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07751111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07561810
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07388365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07261955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07035959
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036999200
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt016539340
IRS990ScheduleD/BuildingsGrp/DepreciationAmt037296340
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt053835680
IRS990ScheduleD/EquipmentGrp/BookValueAmt0235562
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0526486
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0762048
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09031196
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012462510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12245249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO PHIPPS HOUSES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07751111
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS TENANT SECURITY DEPOSITS AS REQUIRED BE STATE LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016774902
IRS990ScheduleD/TotalExpensesPerForm990Amt09031196
IRS990ScheduleD/TotalLiabilityAmt014707759
IRS990ScheduleD/TotalRevenuePerForm990Amt07751111
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07751111
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09031196
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5122195
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40

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