Civic Intelligence

Shore Front Housing Development Fund Corporation C/O Met Council

990 • Fiscal year 2017 • EIN 13-3547688

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 12, 2018

Organization ProfileWWW.METCOUNCIL.ORG
77 Water Street 7th FloorNew York, NY 10005

(212) 453-9500

Siviq Scores

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

Liabilities / Assets

94th percentile

1.18x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

8.35x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

6th percentile

-46%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

27th percentile

-2.6%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-30%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$4,248,380

Down $115,080 (-2.6%) from 2016

Net Assets

Down

-$756,141

Down $276,777 (-58%) from 2016

Liabilities

Up

$5,004,521

Up $161,697 (+3.3%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin6th percentile

Revenue

Down

$599,234

Down $257,767 (-30%) from 2016

Expenses

Up

$876,011

Up $77,459 (+9.7%) from 2016

Net Income

Down

-$276,777

Down $335,226 (-574%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $5,128,300Liabilities 2010: $4,901,346Net Assets 2010: $226,9542010Assets 2011: $4,890,241Liabilities 2011: $4,843,255Net Assets 2011: $46,9862011Assets 2012: $4,353,006Liabilities 2012: $5,236,415Net Assets 2012: -$883,4092012Assets 2013: $5,265,675Liabilities 2013: $5,647,593Net Assets 2013: -$381,9182013Assets 2014: $5,006,848Liabilities 2014: $5,579,393Net Assets 2014: -$572,5452014Assets 2015: $4,962,621Liabilities 2015: $5,500,434Net Assets 2015: -$537,8132015Assets 2016: $4,363,460Liabilities 2016: $4,842,824Net Assets 2016: -$479,3642016Assets 2017: $4,248,380Liabilities 2017: $5,004,521Net Assets 2017: -$756,1412017Assets 2018: $4,071,616Liabilities 2018: $5,119,797Net Assets 2018: -$1,048,1812018Assets 2019: $3,987,477Liabilities 2019: $4,790,093Net Assets 2019: -$802,6162019Assets 2020: $3,865,581Liabilities 2020: $5,030,062Net Assets 2020: -$1,164,4812020Assets 2021: $3,570,395Liabilities 2021: $5,252,733Net Assets 2021: -$1,682,3382021Assets 2022: $3,287,037Liabilities 2022: $5,605,881Net Assets 2022: -$2,318,8442022Assets 2023: $3,467,309Liabilities 2023: $6,339,048Net Assets 2023: -$2,871,7392023Assets 2024: $3,808,940Liabilities 2024: $7,099,927Net Assets 2024: -$3,290,9872024

Highlighted filing

2017

Assets$4,248,380
Liabilities$5,004,521
Net Assets-$756,141
Open 2017 Filing

Operations Trend

Revenue Growth9th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $873,4702010Expenses 2011: $737,1712011Expenses 2012: $893,9712012Revenue 2013: $1,228,301Expenses 2013: $726,810Net Income 2013: $501,4912013Revenue 2014: $515,060Expenses 2014: $705,687Net Income 2014: -$190,6272014Revenue 2015: $790,123Expenses 2015: $755,391Net Income 2015: $34,7322015Revenue 2016: $857,001Expenses 2016: $798,552Net Income 2016: $58,4492016Revenue 2017: $599,234Expenses 2017: $876,011Net Income 2017: -$276,7772017Revenue 2018: $599,548Expenses 2018: $891,588Net Income 2018: -$292,0402018Revenue 2019: $1,233,717Expenses 2019: $988,152Net Income 2019: $245,5652019Revenue 2020: $708,733Expenses 2020: $1,069,429Net Income 2020: -$360,6962020Revenue 2021: $651,490Expenses 2021: $1,169,347Net Income 2021: -$517,8572021Revenue 2022: $597,060Expenses 2022: $1,226,418Net Income 2022: -$629,3582022Revenue 2023: $616,013Expenses 2023: $1,168,908Net Income 2023: -$552,8952023Revenue 2024: $981,679Expenses 2024: $1,413,067Net Income 2024: -$431,3882024

Highlighted filing

2017

Revenue$599,234
Expenses$876,011
Net Income-$276,777
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 12, 2018
Return Version
2017v2.3
Gross Receipts
$599,234
Mission and Program Overview

Mission

Provide low income housing for seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,344,982$3,198,956▼ $146,026
Savings and Temporary Cash Investments$295,226$291,188▼ $4,038
Prepaid Expenses and Deferred Charges$20,827$20,595▼ $232
Accounts Receivable$10,725$20,480▲ $9,755
Total Assets$4,363,460$4,248,380▼ $115,080
Other Assets Total$691,700$717,161▲ $25,461
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,620,895$4,620,895→ $0
Other Liabilities$50,230$191,645▲ $141,415
Accounts Payable and Accrued Expenses$166,782$185,462▲ $18,680
Deferred Revenue$4,917$6,519▲ $1,602
Total Liabilities$4,842,824$5,004,521▲ $161,697
Net Assets / Fund Balance
Unrestricted Net Assets$-479,364$-756,141▼ $276,777
Total Net Assets Fund Balance$-479,364$-756,141▼ $276,777
Total Liabilities and Net Assets / Fund Balance$4,363,460$4,248,380▼ $115,080

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,811,720$1,177,605$3,989,325
Land$354,936-$354,936
Other Land Buildings$32,300-$32,300
Other Assets Org$406--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Alan SchoorCEO
Matthew LocurtoCFO
Benjamin LopataTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$595,767
Investment Income
$1
Other Revenue
$3,466
Change in Net Assets
$-276,777

Audited Revenue Reconciliation

Revenue per Audited Statements
$599,234
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$599,234
Total Revenue per Form 990
$599,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$876,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$295,592--$295,592
Office Expenses$207,368--$207,368
Depreciation Depletion$146,026--$146,026
Occupancy$78,123--$78,123
Insurance$27,514--$27,514
Interest$17,199--$17,199
Fees for Services Accounting-$12,905-$12,905
All Other Expenses$6,730--$6,730
Other Expenses$6,209--$6,209
Fees for Services Legal$5,345--$5,345
Total Functional Expenses$863,106$12,905$0$876,011

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$876,011
Total Expenses per Audited Statements$876,011
Total Expenses per Form 990$876,011
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
Due to Affiliates$168,195
Security Deposits Payable$23,450
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
No
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 8B

“The organization did not have any committee meetings during the year.”

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

“The 990 is prepared by an independent accountant. It is then reviewed by the organization's governing body. After the review, form 990 is filed with the irs.”

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

“All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Shore Front Housing Development Fund
EIN
13-3547688
Phone
2124539500
Address
77 WATER STREET 7TH FLOOR, NEW YORK, NY 10005

Signing Officer

Name
David G Greenfield
Title
CEO
Phone
2124539500
Signed
2018-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David G Greenfield
Formed
1995
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
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:

“These financial statements do not reflect a provision for income taxes and the organization has no other tax positions which must be considered for disclosure. Informational returns filed by the organization are subject to examination by the irs for a period of three years. While no informational returns are currently being examined by the irs, tax years since 2014 remain open.”

Raw XML AppendixShowing 400 of 799 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03872
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03466
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03464
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0600
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010870
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt017663
IRS990ScheduleA/OtherIncome509Grp/TotalAmt036063
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99000
IRS990ScheduleA/PublicSupportPY509Pct00.97830
IRS990ScheduleA/PublicSupportTotal509Amt03943947
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0595767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0854160
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0781492
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0502944
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01209584
IRS990ScheduleA/Total509Grp/TotalAmt03943947
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0599234
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0858081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0783206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0515060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01228301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03983882
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02811720
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01177605
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03989325
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0876011
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0354936
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0354936
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0579446
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1113501
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt223450
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3358
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4406
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1HDC REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CASH SECURITY ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4LOAN RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032300
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0168195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0599234
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2014 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03198956
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0717161
IRS990ScheduleD/TotalExpensesPerForm990Amt0876011
IRS990ScheduleD/TotalLiabilityAmt0191645
IRS990ScheduleD/TotalRevenuePerForm990Amt0599234
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0599234
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0876011
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/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0290893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1212165
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04620
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12813
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt043824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt132919
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt01187
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1180
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALAN SCHOOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MATTHEW LOCURTO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0340524
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1248077
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY COMMITTEE MEETINGS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. IT IS THEN REVIEWED BY THE ORGANIZATION'S GOVERNING BODY. AFTER THE REVIEW, FORM 990 IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS COMPLETE NYC VENDEX CONFLICT OF INTEREST FORM ANNUALLY. NO PURCHASES ARE ALLOWED FROM ANY BUSINESS AFFILIATED WITH EMPLOYEES OR BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0271111739
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1454877639
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0COUNCIL TOWERS VI GP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1COUNCIL TOWERS VII GP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt077 WATER STREET 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt177 WATER STREET 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010005
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110005
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0271111603
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1454830456
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,248,380
Liabilities
$5,004,521
Net assets
-$756,141
Revenue
$599,234
Expenses
$876,011
Net income
-$276,777
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$7.10$3.29$0.98$1.41$0.43
2023Detailed filing. Detailed filing data is available for this year.$3.47$6.34$2.87$0.62$1.17$0.55
2022Detailed filing. Detailed filing data is available for this year.$3.29$5.61$2.32$0.60$1.23$0.63
2021Detailed filing. Detailed filing data is available for this year.$3.57$5.25$1.68$0.65$1.17$0.52
2020Detailed filing. Detailed filing data is available for this year.$3.87$5.03$1.16$0.71$1.07$0.36
2019Detailed filing. Detailed filing data is available for this year.$3.99$4.79$0.80$1.23$0.99$0.25
2018Detailed filing. Detailed filing data is available for this year.$4.07$5.12$1.05$0.60$0.89$0.29
2017Detailed filing. Detailed filing data is available for this year.$4.25$5.00$0.76$0.60$0.88$0.28
2016Detailed filing. Detailed filing data is available for this year.$4.36$4.84$0.48$0.86$0.80$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.96$5.50$0.54$0.79$0.76$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.01$5.58$0.57$0.52$0.71$0.19
2013Detailed filing. Detailed filing data is available for this year.$5.27$5.65$0.38$1.23$0.73$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$5.24$0.88$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$4.84$0.05$0.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$4.90$0.23$0.87