Civic Intelligence

Harlem Congregations for Community Improvement Inc.

990 • Fiscal year 2022 • EIN 13-3516262

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

256 West 153rd Street Ground FloorNew York, NY 10039

(212) 281-4887

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.66x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

2.13x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

37th percentile

$143,100

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

83%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$22,784,920

Up $2,866,607 (+14%) from 2021

Net Assets

Up

$7,751,679

Up $3,229,830 (+71%) from 2021

Liabilities

Down

$15,033,241

Down $363,223 (-2.4%) from 2021

Revenue

Up

$7,064,040

Up $3,207,404 (+83%) from 2021

Expenses

Up

$4,255,685

Up $707,243 (+20%) from 2021

Net Income

Up

$2,808,355

Up $2,500,161 (+811%) from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $4,014,203Liabilities 2011: $1,560,731Net Assets 2011: $2,453,4722011Assets 2012: $3,757,855Liabilities 2012: $1,345,033Net Assets 2012: $2,412,8222012Assets 2013: $3,968,828Liabilities 2013: $1,381,160Net Assets 2013: $2,587,6682013Assets 2014: $4,937,053Liabilities 2014: $2,184,140Net Assets 2014: $2,752,9132014Assets 2015: $6,264,362Liabilities 2015: $2,179,359Net Assets 2015: $4,085,0032015Assets 2016: $5,189,228Liabilities 2016: $1,263,498Net Assets 2016: $3,925,7302016Assets 2017: $5,342,705Liabilities 2017: $1,795,385Net Assets 2017: $3,547,3202017Assets 2018: $5,852,479Liabilities 2018: $1,963,236Net Assets 2018: $3,889,2432018Assets 2019: $6,429,194Liabilities 2019: $2,939,886Net Assets 2019: $3,489,3082019Assets 2020: $19,030,821Liabilities 2020: $14,801,675Net Assets 2020: $4,229,1462020Assets 2021: $19,918,313Liabilities 2021: $15,396,464Net Assets 2021: $4,521,8492021Assets 2022: $22,784,920Liabilities 2022: $15,033,241Net Assets 2022: $7,751,6792022Assets 2023: $24,970,865Liabilities 2023: $17,552,730Net Assets 2023: $7,418,1352023Assets 2024: $25,648,712Liabilities 2024: $16,187,643Net Assets 2024: $9,461,0692024

Highlighted filing

2022

Assets$22,784,920
Liabilities$15,033,241
Net Assets$7,751,679

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,100,289Expenses 2011: $3,444,287Net Income 2011: $656,0022011Expenses 2012: $3,987,9102012Revenue 2013: $4,304,032Expenses 2013: $4,129,186Net Income 2013: $174,8462013Revenue 2014: $4,371,749Expenses 2014: $4,198,477Net Income 2014: $173,2722014Revenue 2015: $4,697,494Expenses 2015: $4,407,377Net Income 2015: $290,1172015Revenue 2016: $4,181,743Expenses 2016: $3,766,295Net Income 2016: $415,4482016Revenue 2017: $3,675,098Expenses 2017: $3,758,795Net Income 2017: -$83,6972017Revenue 2018: $3,842,147Expenses 2018: $3,500,224Net Income 2018: $341,9232018Revenue 2019: $3,139,497Expenses 2019: $3,825,001Net Income 2019: -$685,5042019Revenue 2020: $3,560,954Expenses 2020: $3,817,687Net Income 2020: -$256,7332020Revenue 2021: $3,856,636Expenses 2021: $3,548,442Net Income 2021: $308,1942021Revenue 2022: $7,064,040Expenses 2022: $4,255,685Net Income 2022: $2,808,3552022Revenue 2023: $4,993,554Expenses 2023: $4,681,382Net Income 2023: $312,1722023Revenue 2024: $4,925,780Expenses 2024: $3,687,318Net Income 2024: $1,238,4622024

Highlighted filing

2022

Revenue$7,064,040
Expenses$4,255,685
Net Income$2,808,355
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.1
Gross Receipts
$7,064,040
Mission and Program Overview

Mission

To provide economic development opportunities and empowerment of harlem residents to rebuild their community. The goals are affordable rental housing and ownership, job training, community youth programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$14,162,049$16,826,673▲ $2,664,624
Accounts Receivable$3,865,690$4,097,103▲ $231,413
Cash and Non-Interest-Bearing Accounts$373,940$326,664▼ $47,276
Pledges and Grants Receivable$395,364$304,084▼ $91,280
Prepaid Expenses and Deferred Charges$21,325$219,262▲ $197,937
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$19,918,313$22,784,920▲ $2,866,607
Other Assets Total$1,099,945$1,011,134▼ $88,811
Liabilities
Other Liabilities$13,213,539$12,002,985▼ $1,210,554
Accounts Payable and Accrued Expenses$1,637,326$2,004,710▲ $367,384
Unsecured Notes Loans Payable$398,437$878,384▲ $479,947
Deferred Revenue$147,162$147,162→ $0
Total Liabilities$15,396,464$15,033,241▼ $363,223
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,476,049$7,705,879▲ $3,229,830
Net Assets With Donor Restrictions$45,800$45,800→ $0
Total Net Assets Fund Balance$4,521,849$7,751,679▲ $3,229,830
Total Liabilities and Net Assets / Fund Balance$19,918,313$22,784,920▲ $2,866,607

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$814,000$814,000
Equipment-$235,307$235,307
Leasehold Improvements-$54,862$54,862
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Malcolm A Punter Ed D MBAPresident & CEOFT$143,100$143,100
Sherill HenryAssoc. Dep. DirectorFT$100,700$100,700
Revenue and Support

Revenue Composition

Contributions and Grants
$4,464,441
Program Service Revenue
$1,545,192
Investment Income
$0
Other Revenue
$1,054,407
All Other Contributions
$23,934
Change in Net Assets
$2,808,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,343,556
Other Expenses$1,912,129
Total Fundraising Expense$171,235
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,563,036$487,138$49,582$2,099,756
Occupancy$845,134$23,041$1,360$869,535
Fees for Services Other$93,250$210,333$39,805$343,388
Current Officers, Directors, Trustees, and Key Employees$243,800--$243,800
Office Expenses$150,792$47,530$11,821$210,143
Fees for Services Accounting-$106,941-$106,941
Insurance$76,367$18,793-$95,160
Interest$67,402$10,718-$78,120
Conferences and Meetings$43,135$7,374$1,575$52,084
Fees for Services Legal$8,426$6,074-$14,500
Advertising$8,249--$8,249
Other Expenses$1,866$6,150$3,000$4,866
Total Functional Expenses$3,141,390$943,060$171,235$4,255,685
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$155,035
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$155,035$155,035-$155,035
Total Events$155,035$155,035-$155,035
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$11,431,030
Due to Funder$264,740
Loan payable$246,946
Security Deposits Payable$37,615
Other Liabilities$22,652
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Management reviews the 990 to obtain an understanding of the reporting requirements and to ensure it is accurate and complete. Subsequently, a copy of the draft 990 is provided to audit committee for review. The audit committee will meet with management to discuss the 990 and resolve any questions that may arise. The draft 990 will then be distributed to the board for review and approval. Upon approval from the board the 990 will be filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members, Officers and Employees report annually if a conflict exist, management and the board will meet with the individual to obtain all facts. Subsequently, a vote will ensure if the matter is indeed a conflict of interest. If it is found to be a conflict of interests, the individual with a conflict of interest must refrain from participating in the deliberation and decision making concerning the matter that gave rise to the conflict.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors reviews and approves the salaries for all employees, including the chief executive officer on an annual basis.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Harlem Congregations for Community
EIN
13-3516262
Phone
2122814887
Address
256 West 153rd Street Ground Floor, New York, NY 10039

Signing Officer

Name
Malcolm A Punter
Title
President & CEO
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malcolm A Punter
Formed
1988
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
34
Volunteers
25

Preparer

Firm
Watsonrice Llp
Address
5 Penn Plz FL 19, New York, NY 10001
Preparer
Baruti Bediako CPA
Phone
2124477300
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

HCCI has evaluated the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the United States of America, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, HCCI has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2022.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Assoc. Dep. Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt31st Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt42nd Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt53rd Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Asst. Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Asst. Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingGrossIncomeAmt0155035
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt04440507
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07064040
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt018793
IRS990/InsuranceGrp/ProgramServicesAmt076367
IRS990/InsuranceGrp/TotalAmt095160
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt010718
IRS990/InterestGrp/ProgramServicesAmt067402
IRS990/InterestGrp/TotalAmt078120
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt014162049
IRS990/InvestmentsProgramRelatedGrp/EOYAmt016826673
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01104169
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt01104169
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES AND EMPOWERMENT OF HARLEM RESIDENTS TO REBUILD THEIR COMMUNITY. THE GOALS ARE AFFORDABLE RENTAL HOUSING AND OWNERSHIP, JOB TRAINING, COMMUNITY YOUTH PROGRAMMING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04521849
IRS990/NetAssetsOrFundBalancesEOYAmt07751679
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0155035
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0155035
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04476049
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07705879
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01360
IRS990/OccupancyGrp/ManagementAndGeneralAmt023041
IRS990/OccupancyGrp/ProgramServicesAmt0845134
IRS990/OccupancyGrp/TotalAmt0869535
IRS990/OfficeExpensesGrp/FundraisingAmt011821
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt047530
IRS990/OfficeExpensesGrp/ProgramServicesAmt0150792
IRS990/OfficeExpensesGrp/TotalAmt0210143
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01099945
IRS990/OtherAssetsTotalGrp/EOYAmt01011134
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Special events & fundraising
IRS990/OtherExpensesGrp/Desc1Equipment/Furnishings expenses
IRS990/OtherExpensesGrp/Desc2Repairs and maintenance
IRS990/OtherExpensesGrp/Desc3Miscellaneous Expense
IRS990/OtherExpensesGrp/FundraisingAmt063060
IRS990/OtherExpensesGrp/FundraisingAmt11032
IRS990/OtherExpensesGrp/FundraisingAmt23000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011999
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16969
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26150
IRS990/OtherExpensesGrp/ProgramServicesAmt01260
IRS990/OtherExpensesGrp/ProgramServicesAmt137694
IRS990/OtherExpensesGrp/ProgramServicesAmt2979
IRS990/OtherExpensesGrp/ProgramServicesAmt31866
IRS990/OtherExpensesGrp/TotalAmt076319
IRS990/OtherExpensesGrp/TotalAmt144663
IRS990/OtherExpensesGrp/TotalAmt28161
IRS990/OtherExpensesGrp/TotalAmt34866
IRS990/OtherLiabilitiesGrp/BOYAmt013213539
IRS990/OtherLiabilitiesGrp/EOYAmt012002985
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0899372
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0899372
IRS990/OtherRevenueTotalAmt0899372
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt049582
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0487138
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01563036
IRS990/OtherSalariesAndWagesGrp/TotalAmt02099756
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0395364
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0304084
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021325
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0219262
IRS990/PrincipalOfficerNm0Malcolm A Punter
IRS990/PriorPeriodAdjustmentsAmt0421475
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1900001
IRS990/ProgramServiceRevenueGrp/BusinessCd2531190
IRS990/ProgramServiceRevenueGrp/Desc0Fee Income
IRS990/ProgramServiceRevenueGrp/Desc1Interest
IRS990/ProgramServiceRevenueGrp/Desc2Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0963761
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1333068
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2248363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0963761
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1333068
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2248363
IRS990/ProgSrvcAccomActy2Grp/Desc0THE OFFICE OF REAL ESTATE DEVELOPMENT (ORED) COORDINATES THE DEVELOPMENT OF LOW, MODERATE, AND MIDDLE INCOME HOUSING IN THE HARLEM COMMUNITY. HCCI IS AN AFFILIATE AND GENERAL PARTNER IN THE LOW INCOME HOUSING TAX CREDIT DEVELOPMENT FOR MORE THAN 1700 UNITS OF HOUSING AND MORE THAN 40 COMMERCIAL SPACES.Community Planning and Development includes but not limited to Social Services to Seniors located in the different locations owned and co-owned by HCCI that serves more than 200 Seniors. SOCIAL INTIASTIVES of HCCI through - Equitable Development Initiatives (EDI) geared up to assist residents in the HARLEM to acquire affordable houses through the New York City Mortgage Coalition financial Literary, First Time Buyer Counseling and Foreclosure Prevention. HCCI serves the target demographics by the hundreds annually on this program.Enhanced the health and wellness division to improve resident mental and physical health outcomes, managed the affordable and elderly housing program for 310 residents. Managed the Scattersite housing program for 60 residents with health challenges.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01500146
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02138531
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0101
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01610711
IRS990/PYOtherRevenueAmt0-29939
IRS990/PYProgramServiceRevenueAmt01747943
IRS990/PYRevenuesLessExpensesAmt0308194
IRS990/PYSalariesCompEmpBnftPaidAmt01937731
IRS990/PYTotalExpensesAmt03548442
IRS990/PYTotalRevenueAmt03856636
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02808355
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$16.2$9.46$4.93$3.69$1.24
2023Detailed filing. Detailed filing data is available for this year.$25.0$17.6$7.42$4.99$4.68$0.31
2022Detailed filing. Detailed filing data is available for this year.$22.8$15.0$7.75$7.06$4.26$2.81
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$15.4$4.52$3.86$3.55$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$14.8$4.23$3.56$3.82$0.26
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$2.94$3.49$3.14$3.83$0.69
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.85$1.96$3.89$3.84$3.50$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.34$1.80$3.55$3.68$3.76$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.19$1.26$3.93$4.18$3.77$0.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$2.18$4.09$4.70$4.41$0.29
2014Detailed filing. Detailed filing data is available for this year.$4.94$2.18$2.75$4.37$4.20$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$1.38$2.59$4.30$4.13$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$1.35$2.41$3.99
2011Summary only. Only limited summary data is available for this year.$4.01$1.56$2.45$4.10$3.44$0.66