Civic Intelligence

Hunts Point Housing Development Fund Corporation

990 • Fiscal year 2022 • EIN 13-3574304

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileN/A
429 Bruckner Blvd2nd FloorBronx, NY 10455

(347) 726-2547

Siviq Scores

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

Liabilities / Assets

99th percentile

2.70x

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

2022 filings • NTEE L • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

6.88x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • NTEE L • $10M-$25M nonprofits • Source year 2022

Net Margin

40th percentile

-2.7%

Higher net margin than 40% of similar nonprofits.

2022 filings • NTEE L • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

52nd percentile

$216,439

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2022 filings • NTEE L • $10M-$25M nonprofits • Source year 2022

Asset Growth

19th percentile

-4.5%

Faster asset growth than 19% of similar nonprofits.

2022 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-2.0%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$13,578,651

Down $641,247 (-4.5%) from 2021

Net Assets

Down

-$23,063,500

Down $250,959 (-1.1%) from 2021

Liabilities

Down

$36,642,151

Down $390,288 (-1.1%) from 2021

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin40th percentile

Revenue

Down

$5,322,623

Down $107,513 (-2.0%) from 2021

Expenses

Down

$5,463,705

Down $315,294 (-5.5%) from 2021

Net Income

Up

-$141,082

Up $207,781 (+60%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$40M$20M$0-$20M-$40MAssets 2010: $18,609,747Liabilities 2010: $38,088,887Net Assets 2010: -$19,479,1402010Assets 2011: $17,894,203Liabilities 2011: $38,530,578Net Assets 2011: -$20,636,3752011Assets 2012: $17,822,865Liabilities 2012: $38,256,901Net Assets 2012: -$20,434,0362012Assets 2013: $17,906,185Liabilities 2013: $38,876,107Net Assets 2013: -$20,969,9222013Assets 2014: $18,741,351Liabilities 2014: $39,674,778Net Assets 2014: -$20,933,4272014Assets 2015: $18,109,827Liabilities 2015: $39,085,376Net Assets 2015: -$20,975,5492015Assets 2016: $17,511,589Liabilities 2016: $38,806,792Net Assets 2016: -$21,295,2032016Assets 2017: $17,066,386Liabilities 2017: $38,124,150Net Assets 2017: -$21,057,7642017Assets 2018: $16,656,751Liabilities 2018: $37,806,527Net Assets 2018: -$21,149,7762018Assets 2019: $15,512,607Liabilities 2019: $37,486,912Net Assets 2019: -$21,974,3052019Assets 2020: $15,128,437Liabilities 2020: $37,555,027Net Assets 2020: -$22,426,5902020Assets 2021: $14,219,898Liabilities 2021: $37,032,439Net Assets 2021: -$22,812,5412021Assets 2022: $13,578,651Liabilities 2022: $36,642,151Net Assets 2022: -$23,063,5002022Assets 2023: $13,604,207Liabilities 2023: $36,371,743Net Assets 2023: -$22,767,5362023Assets 2024: $12,882,614Liabilities 2024: $35,576,994Net Assets 2024: -$22,694,3802024

Highlighted filing

2022

Assets$13,578,651
Liabilities$36,642,151
Net Assets-$23,063,500
Open 2022 Filing

Operations Trend

Revenue Growth31st percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,165,6742010Revenue 2011: $4,285,516Expenses 2011: $5,441,606Net Income 2011: -$1,156,0902011Revenue 2012: $5,095,503Expenses 2012: $4,893,164Net Income 2012: $202,3392012Revenue 2013: $4,485,884Expenses 2013: $5,016,082Net Income 2013: -$530,1982013Revenue 2014: $4,849,963Expenses 2014: $4,811,050Net Income 2014: $38,9132014Revenue 2015: $5,009,414Expenses 2015: $5,043,618Net Income 2015: -$34,2042015Revenue 2016: $5,076,055Expenses 2016: $5,405,310Net Income 2016: -$329,2552016Revenue 2017: $5,214,153Expenses 2017: $4,960,287Net Income 2017: $253,8662017Revenue 2018: $5,164,224Expenses 2018: $5,214,663Net Income 2018: -$50,4392018Revenue 2019: $5,244,822Expenses 2019: $6,145,729Net Income 2019: -$900,9072019Revenue 2020: $5,234,081Expenses 2020: $5,733,772Net Income 2020: -$499,6912020Revenue 2021: $5,430,136Expenses 2021: $5,778,999Net Income 2021: -$348,8632021Revenue 2022: $5,322,623Expenses 2022: $5,463,705Net Income 2022: -$141,0822022Revenue 2023: $5,435,815Expenses 2023: $5,165,909Net Income 2023: $269,9062023Revenue 2024: $6,187,512Expenses 2024: $6,138,038Net Income 2024: $49,4742024

Highlighted filing

2022

Revenue$5,322,623
Expenses$5,463,705
Net Income-$141,082
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$6,395,288
Mission and Program Overview

Mission

The company owns and operates low income housing in the south bronx in addition the company provides social services for the tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,436,194$5,123,707▼ $312,487
Land, Buildings, and Equipment, Net$4,435,909$3,654,337▼ $781,572
Accounts Receivable$796,612$966,568▲ $169,956
Prepaid Expenses and Deferred Charges$386,325$469,982▲ $83,657
Intangible Assets$174,817$157,725▼ $17,092
Total Assets$14,219,898$13,578,651▼ $641,247
Other Assets Total$2,990,041$3,206,332▲ $216,291
Liabilities
Mortgage Notes Payable Secured by Investment Property$35,357,436$34,890,269▼ $467,167
Accounts Payable and Accrued Expenses$1,174,796$1,267,088▲ $92,292
Escrow Account Liability$389,482$400,761▲ $11,279
Other Liabilities$110,725$84,033▼ $26,692
Total Liabilities$37,032,439$36,642,151▼ $390,288
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-22,812,541$-23,063,500▼ $250,959
Total Net Assets Fund Balance$-22,812,541$-23,063,500▼ $250,959
Total Liabilities and Net Assets / Fund Balance$14,219,898$13,578,651▼ $641,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,147,545$32,466,471$35,614,016
Equipment$506,792$1,845,395$2,352,187
Other Assets Org$25,293--
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleOtherTotal
Salvatore GiganteVice Preside$216,439$216,439
Sonal ShahController$133,882$133,882
Carmen ReyesTreasurer/se$800$800
Enrico BocciaChair$800$800

Board Members and Trustees

NameTitle
Salvatore GiganteVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,232,225
Investment Income
$85,371
Other Revenue
$5,027
Change in Net Assets
$-141,082

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,322,623
Revenue Not Reported on Form 990
$-109,877
Total Revenue per Audited Statements
$5,212,746
Total Revenue per Form 990
$5,322,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,600,206
Salaries, Compensation, and Employee Benefits$863,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$837,024--$837,024
Insurance$701,453--$701,453
Other Salaries and Wages$594,867--$594,867
Fees for Services Management-$377,902-$377,902
All Other Expenses$288,318--$288,318
Other Expenses$282,505--$282,505
Other Employee Benefits$220,094--$220,094
Payroll Taxes$48,538--$48,538
Interest$36,987--$36,987
Fees for Services Accounting-$20,350-$20,350
Information Technology$17,488--$17,488
Fees for Services Other$11,465--$11,465
Fees for Services Legal$9,524--$9,524
Office Expenses$2,311--$2,311
Total Functional Expenses$5,065,453$398,252$0$5,463,705

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,463,705
Total Expenses per Audited Statements$5,463,705
Total Expenses per Form 990$5,463,705
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sentry SecurityAffiliateSecurityNo$94,719
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Rent$84,033
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
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization owns apartment buildings constructed and maintained to provide low income housing. In 2022, the buildings are managed by building management associates, inc., a real estate property management company,”

Form 990, Page 6, Part VI, Line 6

“Organized with one member, sebco development, inc., a not for profit irc section 501(c)(3)community based organization.”

Form 990, Page 6, Part VI, Line 7A

“Sebco development inc., the sole member of the organization, has the right to appoint the members to the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“The organization's 990 is reviewed and approved by controller and vice president before it is finalized and filed.”

Form 990, Page 6, Part VI, Line 12C

“The conflicts of interest policy is enforced pursuant to the new york state not for profit corporation laws.”

Form 990, Page 6, Part VI, Line 19

“Documents, which are public record, are available from ny secretary of state and upon request.”

Filing and Contact Details

Filer

Filer Name
Hunts Point Housing Development
EIN
13-3574304
Phone
3477262547
Address
429 BRUCKNER BLVD2ND FLOOR, BRONX, NY 10455

Signing Officer

Name
Salvatore Gigante
Title
Vice President
Phone
3477262547
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salvatore Gigante
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
11

Preparer

Firm
A Gary Aaronson CPA Pllc
Address
42 WEST 38TH STREET SUITE 1003, NEW YORK, NY 10018-0060
Preparer
A Gary Aaronson
Phone
2126845770
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The organization holds security deposits from tenants in an escrow account. These deposits are returned to the tenants once tenants move out of the apartment.”

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IRS990/PYProgramServiceRevenueAmt05224946
IRS990/PYRevenuesLessExpensesAmt0-348863
IRS990/PYSalariesCompEmpBnftPaidAmt0831880
IRS990/PYTotalExpensesAmt05778999
IRS990/PYTotalRevenueAmt05430136
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-141082
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 25,063
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0156926
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0156926
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt085371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt041235
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0110566
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt093391
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0399924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05232225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05224946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05160622
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05131046
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05065134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt025813973
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt085371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt041235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0110566
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt093391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0399924
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05027
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07029
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04098
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03210
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05699
IRS990ScheduleA/OtherIncome509Grp/TotalAmt025063
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98390
IRS990ScheduleA/PublicSupportPY509Pct00.98510
IRS990ScheduleA/PublicSupportTotal509Amt025970899
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05232225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05381872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05160622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05131046
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05065134
IRS990ScheduleA/Total509Grp/TotalAmt025970899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05322623
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05430136
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05234081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05244822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05164224
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt026395886
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03147545
IRS990ScheduleD/BuildingsGrp/DepreciationAmt032466471
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt035614016
IRS990ScheduleD/EquipmentGrp/BookValueAmt0506792
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01845395
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02352187
IRS990ScheduleD/ExpensesSubtotalAmt05463705
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-109877
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02780278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1400761
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt225293
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER RECEIVABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt084033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/RevenueNotReportedAmt0-109877
IRS990ScheduleD/RevenueSubtotalAmt05322623
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE TENANTS MOVE OUT OF THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03654337
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03206332
IRS990ScheduleD/TotalExpensesPerForm990Amt05463705
IRS990ScheduleD/TotalLiabilityAmt084033
IRS990ScheduleD/TotalRevenuePerForm990Amt05322623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05212746
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05463705
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0216439
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SALVATORE GIGANTE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0216439
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SENTRY SECURITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt094719
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SECURITY
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OWNS APARTMENT BUILDINGS CONSTRUCTED AND MAINTAINED TO PROVIDE LOW INCOME HOUSING. IN 2022, THE BUILDINGS ARE MANAGED BY BUILDING MANAGEMENT ASSOCIATES, INC., A REAL ESTATE PROPERTY MANAGEMENT COMPANY,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZED WITH ONE MEMBER, SEBCO DEVELOPMENT, INC., A NOT FOR PROFIT IRC SECTION 501(C)(3)COMMUNITY BASED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SEBCO DEVELOPMENT INC., THE SOLE MEMBER OF THE ORGANIZATION, HAS THE RIGHT TO APPOINT THE MEMBERS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 IS REVIEWED AND APPROVED BY CONTROLLER AND VICE PRESIDENT BEFORE IT IS FINALIZED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICTS OF INTEREST POLICY IS ENFORCED PURSUANT TO THE NEW YORK STATE NOT FOR PROFIT CORPORATION LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS, WHICH ARE PUBLIC RECORD, ARE AVAILABLE FROM NY SECRETARY OF STATE AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SEBCO DEVELOPMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0132944013
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEVELOPMEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0885 BRUCKNER BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010459
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014219898
IRS990/TotalAssetsEOYAmt013578651
IRS990/TotalAssetsGrp/BOYAmt014219898
IRS990/TotalAssetsGrp/EOYAmt013578651
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,578,651
Liabilities
$36,642,151
Net assets
-$23,063,500
Revenue
$5,322,623
Expenses
$5,463,705
Net income
-$141,082
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$35.6$22.7$6.19$6.14$0.05
2023Detailed filing. Detailed filing data is available for this year.$13.6$36.4$22.8$5.44$5.17$0.27
2022Detailed filing. Detailed filing data is available for this year.$13.6$36.6$23.1$5.32$5.46$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$37.0$22.8$5.43$5.78$0.35
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$37.6$22.4$5.23$5.73$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$37.5$22.0$5.24$6.15$0.90
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$37.8$21.1$5.16$5.21$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$38.1$21.1$5.21$4.96$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$38.8$21.3$5.08$5.41$0.33
2015Summary only. Only limited summary data is available for this year.$18.1$39.1$21.0$5.01$5.04$0.03
2014Summary only. Only limited summary data is available for this year.$18.7$39.7$20.9$4.85$4.81$0.04
2013Summary only. Only limited summary data is available for this year.$17.9$38.9$21.0$4.49$5.02$0.53
2012Summary only. Only limited summary data is available for this year.$17.8$38.3$20.4$5.10$4.89$0.20
2011Summary only. Only limited summary data is available for this year.$17.9$38.5$20.6$4.29$5.44$1.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$38.1$19.5$5.17