Civic Intelligence

Edison Arms Housing Development Fund Co Inc.

990 • Fiscal year 2017 • EIN 13-3555702

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

Organization ProfileN/A
2828 Decatur AvenueBronx, NY 10458

(718) 584-5101

Siviq Scores

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

Liabilities / Assets

18th percentile

0.03x

Higher debt load relative to assets than 18% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.10x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Net Margin

35th percentile

-19%

Higher net margin than 35% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

66th percentile

$103,580

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Asset Growth

10th percentile

-8.3%

Faster asset growth than 10% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

83rd percentile

21%

Faster revenue growth than 83% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$3,285,165

Down $297,918 (-8.3%) from 2016

Net Assets

Down

$3,198,079

Down $163,369 (-4.9%) from 2016

Liabilities

Down

$87,086

Down $134,549 (-61%) from 2016

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin35th percentile

Revenue

Up

$862,936

Up $150,848 (+21%) from 2016

Expenses

Up

$1,026,305

Up $77,176 (+8.1%) from 2016

Net Income

Up

-$163,369

Up $73,672 (+31%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,185,338Liabilities 2010: $84,403Net Assets 2010: $4,100,9352010Assets 2011: $4,156,470Liabilities 2011: $56,492Net Assets 2011: $4,099,9782011Assets 2012: $4,107,984Liabilities 2012: $84,364Net Assets 2012: $4,023,6202012Assets 2013: $3,913,431Liabilities 2013: $87,850Net Assets 2013: $3,825,5812013Assets 2014: $3,783,174Liabilities 2014: $59,674Net Assets 2014: $3,723,5002014Assets 2015: $3,703,912Liabilities 2015: $102,923Net Assets 2015: $3,600,9892015Assets 2016: $3,583,083Liabilities 2016: $221,635Net Assets 2016: $3,361,4482016Assets 2017: $3,285,165Liabilities 2017: $87,086Net Assets 2017: $3,198,0792017Assets 2018: $3,061,719Liabilities 2018: $44,008Net Assets 2018: $3,017,7112018Assets 2019: $2,982,688Liabilities 2019: $59,787Net Assets 2019: $2,922,9012019Assets 2020: $2,929,427Liabilities 2020: $62,136Net Assets 2020: $2,867,2912020Assets 2021: $2,819,750Liabilities 2021: $35,404Net Assets 2021: $2,784,3462021Assets 2022: $3,153,292Liabilities 2022: $24,206Net Assets 2022: $3,129,0862022Assets 2023: $3,158,934Liabilities 2023: $73,611Net Assets 2023: $3,085,3232023Assets 2024: $3,194,477Liabilities 2024: $44,538Net Assets 2024: $3,149,9392024

Highlighted filing

2017

Assets$3,285,165
Liabilities$87,086
Net Assets$3,198,079
Open 2017 Filing

Operations Trend

Revenue Growth83rd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $891,5952010Expenses 2011: $773,4212011Expenses 2012: $847,6812012Revenue 2013: $773,121Expenses 2013: $971,160Net Income 2013: -$198,0392013Revenue 2014: $813,363Expenses 2014: $915,444Net Income 2014: -$102,0812014Revenue 2015: $850,085Expenses 2015: $972,596Net Income 2015: -$122,5112015Revenue 2016: $712,088Expenses 2016: $949,129Net Income 2016: -$237,0412016Revenue 2017: $862,936Expenses 2017: $1,026,305Net Income 2017: -$163,3692017Revenue 2018: $852,920Expenses 2018: $1,033,288Net Income 2018: -$180,3682018Revenue 2019: $891,497Expenses 2019: $986,307Net Income 2019: -$94,8102019Revenue 2020: $954,318Expenses 2020: $1,009,928Net Income 2020: -$55,6102020Revenue 2021: $994,274Expenses 2021: $1,077,219Net Income 2021: -$82,9452021Revenue 2022: $1,579,340Expenses 2022: $1,234,600Net Income 2022: $344,7402022Revenue 2023: $1,331,631Expenses 2023: $1,375,394Net Income 2023: -$43,7632023Revenue 2024: $1,355,579Expenses 2024: $1,290,963Net Income 2024: $64,6162024

Highlighted filing

2017

Revenue$862,936
Expenses$1,026,305
Net Income-$163,369
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$862,936
Mission and Program Overview

Mission

To provide housing for the aged and the handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,689,482$2,734,270▲ $44,788
Savings and Temporary Cash Investments$804,389$498,741▼ $305,648
Prepaid Expenses and Deferred Charges$71,223$34,280▼ $36,943
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,583,083$3,285,165▼ $297,918
Other Assets Total$17,989$17,874▼ $115
Liabilities
Accounts Payable and Accrued Expenses$203,644$69,210▼ $134,434
Other Liabilities$17,991$17,876▼ $115
Total Liabilities$221,635$87,086▼ $134,549
Net Assets / Fund Balance
Unrestricted Net Assets$2,596,811$2,733,793▲ $136,982
Temporarily Rstr Net Assets$764,637$464,286▼ $300,351
Total Net Assets Fund Balance$3,361,448$3,198,079▼ $163,369
Total Liabilities and Net Assets / Fund Balance$3,583,083$3,285,165▼ $297,918

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,693,638$3,453,810$6,147,448
Land$34,928-$34,928
Other Land Buildings$2,013$14,461$16,474
Equipment$3,691$12,768$16,459
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleOtherTotal
Nayda C AlejandroAsst. Treasurer$103,580$103,580

Board Members and Trustees

NameTitle
Brian Byrne PhdPresident
John GarciaDirector
Joseph MurianaAss Secretary
Bishop John JenikExec. Vice Pres
John ReillySecretary
Dominic Jbalestra PhdTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Summit Security Services IncSecurity127 West 26th Street, New York, NY 10001$180,491
Revenue and Support

Revenue Composition

Contributions and Grants
$633,992
Program Service Revenue
$207,650
Investment Income
$272
Other Revenue
$21,022
Change in Net Assets
$-163,369

Audited Revenue Reconciliation

Revenue per Audited Statements
$862,936
Total Revenue per Audited Statements
$862,936
Total Revenue per Form 990
$862,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,026,305
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
All Other Expenses$213,747--$213,747
Depreciation Depletion$163,277--$163,277
Other Expenses$106,235--$106,235
Payments to Affiliates$55,821--$55,821
Insurance$43,857--$43,857
Fees for Services Accounting-$15,550-$15,550
Fees for Services Management$12,180--$12,180
Office Expenses$4,133--$4,133
Total Functional Expenses$1,010,755$15,550$0$1,026,305

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,026,305
Total Expenses per Audited Statements$1,026,305
Total Expenses per Form 990$1,026,305
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
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
TENANTS' SECURITY DEPOSITS$17,874
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“Board of director meetings and major decisions are recorded in minutes.”

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

“The form 990 and audited financial statements are reviewed by the board of directors in a formal conference in which the independent accountants conduct a presentation with explanation of the operations and transactions reported for the fiscal year.”

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

“Upon written request the organization will provide governance documents, fed application 1023, federal tax returns, audited financial statements and any relevant state filings. Also, the organization timely files its nys char 500 annual report with the office of the ny state attorney general. The nysoag posts the organization's financial statements, fed 990 tax return and the nys char 500 on its charitites bureau internet website.”

Filing and Contact Details

Filer

Filer Name
Edison Arms Housing Development Fund Co
EIN
13-3555702
Phone
7185845101
Address
2828 DECATUR AVENUE, BRONX, NY 10458

Signing Officer

Name
Brian Byrne Phd
Title
President
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Byrne Phd
Formed
1990
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Berdon Llp
Address
360 MADISON AVE, NEW YORK, NY 10017
Preparer
J D Golub
Phone
2128320400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“BOOKKEEPING: Column (A) - Total = $28080; Column (B) - Program Services = $28080; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MAINTENANCE CONTRACTS: Column (A) - Total = $102521; Column (B) - Program Services = $102521; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MISC. ADMINISTRATIVE EXPENSES: Column (A) - Total = $11597; Column (B) - Program Services = $11597; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MISC. REPAIRS & MAINTENANCE: Column (A) - Total = $1332; Column (B) - Program Services = $1332; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SNOW REMOVAL: Column (A) - Total = $1427; Column (B) - Program Services = $1427; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SOCIAL SERVICES: Column (A) - Total = $50529; Column (B) - Program Services = $50529; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SUPPLIES: Column (A) - Total = $13867; Column (B) - Program Services = $13867; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“WORKER'S COMPENSATION: Column (A) - Total = $4394; Column (B) - Program Services = $4394; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

related party transaction

“Edison Arms Housing Development Fund Co. has an agreement with Rosehill Housing Management Corp. (which has common board members)for the management of Edison's project. Edison pays to Rosehill fees of 6.76% of gross rental collections, as defined in the HUD agreement.”

Financial Statement Notes

Part X : FIN48 Footnote

“Accounting principles generally accepted in the United States of America require evaluation of the tax positions taken or expected to be taken in the course of preparing the Corporation's tax returns to determine whether the tax positions are more likely than not sustainable upon examination by the applicable taxing authorities, based on the technical merits of the tax positions, and then recognizing the tax benefit that is more likely than not realizable. Tax positions not deemed to meet the more likely than nont threshold would be recorded as a tax expense in the current reporting period. Management believes any such positions would be immaterial to the overall financial statements. The Corporation's federal and state tax returns for the fiscal years after 2013 remain subject to examination by the relevant taxing authorities.”

Raw XML AppendixShowing 400 of 555 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0203644
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt069210
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING FOR THE AGED AND THE HANDICAPPED
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0213747
IRS990/AllOtherExpensesGrp/TotalAmt0213747
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ROSEHILL MANAGMENT CO
IRS990/BooksInCareOfDetail/PhoneNum07185845101
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02855 SOUTHERN BLVD BRONX NY
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010458
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0180491
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0127 West 26th Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0New York
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010001
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Summit Security Services Inc
IRS990/ContractorCompensationGrp/ServicesDesc0SECURITY
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0633992
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0272
IRS990/CYOtherExpensesAmt01026305
IRS990/CYOtherRevenueAmt021022
IRS990/CYProgramServiceRevenueAmt0207650
IRS990/CYRevenuesLessExpensesAmt0-163369
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01026305
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0862936
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0163277
IRS990/DepreciationDepletionGrp/TotalAmt0163277
IRS990/Desc0A TOTAL OF 70 APARTMENTS WERE PROVIDED FOR HOUSING OF THE AGED AND HANDICAPPED
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0994419
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015550
IRS990/FeesForServicesAccountingGrp/TotalAmt015550
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt012180
IRS990/FeesForServicesManagementGrp/TotalAmt012180
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
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/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0BRIAN BYRNE PHD
IRS990/Form990PartVIISectionAGrp/PersonNm1BISHOP JOHN JENIK
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN REILLY
IRS990/Form990PartVIISectionAGrp/PersonNm3DOMINIC JBALESTRA PHD
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH MURIANA
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm6NAYDA C ALEJANDRO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6103580
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Exec. Vice Pres
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASS SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Asst. Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0633992
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0862936
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt043857
IRS990/InsuranceGrp/TotalAmt043857
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0272
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0272
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03481039
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02689482
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02734270
IRS990/LandBldgEquipCostOrOtherBssAmt06215309
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE HOUSING FOR THE AGED AND THE HANDICAPPED
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03361448
IRS990/NetAssetsOrFundBalancesEOYAmt03198079
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt04133
IRS990/OfficeExpensesGrp/TotalAmt04133
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt017989
IRS990/OtherAssetsTotalGrp/EOYAmt017874
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2JANITORIAL SERVICES
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES (P.I.L.O.T)
IRS990/OtherExpensesGrp/ProgramServicesAmt0180491
IRS990/OtherExpensesGrp/ProgramServicesAmt1118666
IRS990/OtherExpensesGrp/ProgramServicesAmt2112348
IRS990/OtherExpensesGrp/ProgramServicesAmt3106235
IRS990/OtherExpensesGrp/TotalAmt0180491
IRS990/OtherExpensesGrp/TotalAmt1118666
IRS990/OtherExpensesGrp/TotalAmt2112348
IRS990/OtherExpensesGrp/TotalAmt3106235
IRS990/OtherLiabilitiesGrp/BOYAmt017991
IRS990/OtherLiabilitiesGrp/EOYAmt017876
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0OTHER TENANT CHG
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt021022
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021022
IRS990/OtherRevenueTotalAmt021022
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt055821
IRS990/PaymentsToAffiliatesGrp/TotalAmt055821
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt071223
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt034280
IRS990/PrincipalOfficerNm0BRIAN BYRNE PHD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0GARAGE AND PARKING REVENU
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY & VENDING SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0810
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2204294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12546
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2204294
IRS990/ProgSrvcAccomActy2Grp/Desc0LAUNDRY AND VENDING SERVICES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012393
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02546
IRS990/ProgSrvcAccomActy3Grp/Desc0GARAGE AND PARKING SPACE REVENUES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03943
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0810
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0649742
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0323
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0949129
IRS990/PYOtherRevenueAmt01067
IRS990/PYProgramServiceRevenueAmt060956
IRS990/PYRevenuesLessExpensesAmt0-237041
IRS990/PYTotalExpensesAmt0949129
IRS990/PYTotalRevenueAmt0712088
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-163369
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0204294
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0804389
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0498741
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0633992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0649742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0654800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0616430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0573894
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03128858
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0273
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0323
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0390
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0545
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0207650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt060956
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0194117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0195596
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0198682
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0857001
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0273
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0323
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0390
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0545
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01848
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt021022
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01067
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0851
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0947
IRS990ScheduleA/OtherIncome509Grp/TotalAmt023887
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99360
IRS990ScheduleA/PublicSupportPY509Pct00.99720
IRS990ScheduleA/PublicSupportTotal509Amt03985859
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0841642
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0710698
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0848917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0812026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0772576
IRS990ScheduleA/Total509Grp/TotalAmt03985859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0862937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0712088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0850085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0813363
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0773121
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04011594
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02693638
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03453810
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06147448
IRS990ScheduleD/EquipmentGrp/BookValueAmt03691
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012768
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016459
IRS990ScheduleD/ExpensesSubtotalAmt01026305
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt034928
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034928
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02013
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014461
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117874
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0862936
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require evaluation of the tax positions taken or expected to be taken in the course of preparing the Corporation's tax returns to determine whether the tax positions are more likely than not sustainable upon examination by the applicable taxing authorities, based on the technical merits of the tax positions, and then recognizing the tax benefit that is more likely than not realizable. Tax positions not deemed to meet the more likely than nont threshold would be recorded as a tax expense in the current reporting period. Management believes any such positions would be immaterial to the overall financial statements. The Corporation's federal and state tax returns for the fiscal years after 2013 remain subject to examination by the relevant taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02734270

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
$3,285,165
Liabilities
$87,086
Net assets
$3,198,079
Revenue
$862,936
Expenses
$1,026,305
Net income
-$163,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.19$0.04$3.15$1.36$1.29$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.16$0.07$3.09$1.33$1.38$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.15$0.02$3.13$1.58$1.23$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.04$2.78$0.99$1.08$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.06$2.87$0.95$1.01$0.06
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.98$0.06$2.92$0.89$0.99$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.06$0.04$3.02$0.85$1.03$0.18
2017Detailed filing. Detailed filing data is available for this year.$3.29$0.09$3.20$0.86$1.03$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.22$3.36$0.71$0.95$0.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.70$0.10$3.60$0.85$0.97$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.78$0.06$3.72$0.81$0.92$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.09$3.83$0.77$0.97$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$0.08$4.02$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.06$4.10$0.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.08$4.10$0.89