Civic Intelligence

Promesa Housing Development Fund Corporation

EIN 13-3608906 • 501(c)3 • Bronx, NY

Profile

To combat community deterioration and lessen neighborhood tensions through the residential revitalization of the bronx and adjacent areas of bronx county.

311 East 175th StreetBronx, NY 10457

www.acacianetwork.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.66x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

5.94x

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

9th percentile

-24%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$998,427

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

61st percentile

9.2%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-27%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$50,738,044

Up $4,287,701 (+9.2%) from 2023

Liabilities

Down

$33,706,982

Down $1,593,089 (-4.5%) from 2023

Net Assets

Up

$17,031,062

Up $5,880,790 (+53%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin9th percentile

Revenue

Down

$5,678,952

Down $2,089,237 (-27%) from 2023

Expenses

Down

$7,060,417

Down $2,622,365 (-27%) from 2023

Net Income

Up

-$1,381,465

Up $533,128 (+28%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$60M$40M$20M$0Assets 2010: $8,173,049Liabilities 2010: $6,335,465Net Assets 2010: $1,837,5842010Assets 2011: $9,323,821Liabilities 2011: $7,755,978Net Assets 2011: $1,567,8432011Assets 2012: $9,592,170Liabilities 2012: $8,798,324Net Assets 2012: $793,8462012Assets 2013: $12,399,444Liabilities 2013: $10,862,612Net Assets 2013: $1,536,8322013Assets 2014: $14,267,224Liabilities 2014: $13,249,307Net Assets 2014: $1,017,9172014Assets 2015: $17,098,806Liabilities 2015: $16,581,534Net Assets 2015: $517,2722015Assets 2016: $20,801,751Liabilities 2016: $19,301,544Net Assets 2016: $1,500,2072016Assets 2017: $22,410,415Liabilities 2017: $19,798,568Net Assets 2017: $2,611,8472017Assets 2018: $25,696,045Liabilities 2018: $22,847,774Net Assets 2018: $2,848,2712018Assets 2019: $28,286,592Liabilities 2019: $22,401,328Net Assets 2019: $5,885,2642019Assets 2020: $29,117,921Liabilities 2020: $23,167,270Net Assets 2020: $5,950,6512020Assets 2021: $39,360,301Liabilities 2021: $24,258,143Net Assets 2021: $15,102,1582021Assets 2022: $46,161,430Liabilities 2022: $32,833,429Net Assets 2022: $13,328,0012022Assets 2023: $46,450,343Liabilities 2023: $35,300,071Net Assets 2023: $11,150,2722023Assets 2024: $50,738,044Liabilities 2024: $33,706,982Net Assets 2024: $17,031,0622024

Highlighted filing

2024

Assets$50,738,044
Liabilities$33,706,982
Net Assets$17,031,062
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,562,6002010Expenses 2011: $2,825,2872011Expenses 2012: $3,655,8242012Revenue 2013: $5,060,324Expenses 2013: $4,317,338Net Income 2013: $742,9862013Revenue 2014: $4,440,714Expenses 2014: $4,845,092Net Income 2014: -$404,3782014Revenue 2015: $5,583,929Expenses 2015: $6,084,574Net Income 2015: -$500,6452015Revenue 2016: $9,469,742Expenses 2016: $8,486,807Net Income 2016: $982,9352016Revenue 2017: $9,757,490Expenses 2017: $8,657,022Net Income 2017: $1,100,4682017Revenue 2018: $9,718,930Expenses 2018: $9,482,506Net Income 2018: $236,4242018Revenue 2019: $12,679,109Expenses 2019: $9,642,116Net Income 2019: $3,036,9932019Revenue 2020: $10,310,413Expenses 2020: $9,809,899Net Income 2020: $500,5142020Revenue 2021: $8,538,986Expenses 2021: $11,348,226Net Income 2021: -$2,809,2402021Revenue 2022: $7,954,144Expenses 2022: $9,492,956Net Income 2022: -$1,538,8122022Revenue 2023: $7,768,189Expenses 2023: $9,682,782Net Income 2023: -$1,914,5932023Revenue 2024: $5,678,952Expenses 2024: $7,060,417Net Income 2024: -$1,381,4652024

Highlighted filing

2024

Revenue$5,678,952
Expenses$7,060,417
Net Income-$1,381,465
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$50,738,044
Liabilities
$33,706,982
Net assets
$17,031,062
Revenue
$5,678,952
Expenses
$7,060,417
Net income
-$1,381,465
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.7$33.7$17.0$5.68$7.06$1.38
2023Detailed filing. Detailed filing data is available for this year.$46.5$35.3$11.2$7.77$9.68$1.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.2$32.8$13.3$7.95$9.49$1.54
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.4$24.3$15.1$8.54$11.3$2.81
2020Detailed filing. Detailed filing data is available for this year.$29.1$23.2$5.95$10.3$9.81$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$22.4$5.89$12.7$9.64$3.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.7$22.8$2.85$9.72$9.48$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$19.8$2.61$9.76$8.66$1.10
2016Detailed filing. Detailed filing data is available for this year.$20.8$19.3$1.50$9.47$8.49$0.98
2015Detailed filing. Detailed filing data is available for this year.$17.1$16.6$0.52$5.58$6.08$0.50
2014Detailed filing. Detailed filing data is available for this year.$14.3$13.2$1.02$4.44$4.85$0.40
2013Detailed filing. Detailed filing data is available for this year.$12.4$10.9$1.54$5.06$4.32$0.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.59$8.80$0.79$3.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.32$7.76$1.57$2.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.17$6.34$1.84$2.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$5,678,952
Mission and Program Overview

Mission

To combat community deterioration and lessen neighborhood tensions through the residential revitalization of the bronx and adjacent areas of bronx county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,641,733$8,567,122▲ $4,925,389
Investments Program Related$5,780,393$5,709,292▼ $71,101
Accounts Receivable$6,177,791$5,443,848▼ $733,943
Land, Buildings, and Equipment, Net$4,435,540$4,123,443▼ $312,097
Cash and Non-Interest-Bearing Accounts$208,765$785,993▲ $577,228
Prepaid Expenses and Deferred Charges$277,149$212,217▼ $64,932
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$46,450,343$50,738,044▲ $4,287,701
Other Assets Total$25,928,972$25,896,129▼ $32,843
Liabilities
Other Liabilities$26,392,594$23,212,793▼ $3,179,801
Accounts Payable and Accrued Expenses$3,276,374$5,254,695▲ $1,978,321
Mortgage Notes Payable Secured by Investment Property$5,604,266$5,171,597▼ $432,669
Deferred Revenue$26,837$67,897▲ $41,060
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$35,300,071$33,706,982▼ $1,593,089
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,150,272$17,031,062▲ $5,880,790
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$11,150,272$17,031,062▲ $5,880,790
Total Liabilities and Net Assets / Fund Balance$46,450,343$50,738,044▲ $4,287,701

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,334,929$6,755,619$9,090,548
Leasehold Improvements$1,765,591$766,731$2,532,322
Equipment$22,916$209,604$232,520
Land$7-$7
Investment Program Related Org$5,709,292--
Other Assets Org$5,616,626--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lorraine ColemanVP of Special ProjectsFT$204,061$43,316$247,377
David AlmonteDirector - Housing DevelopmentFT$189,442$56,396$245,838
Anne-marie a HendricksonSr. VP of Afforable HousingFT$194,327$14,020$208,347
Cornelia NaroviciConstruction DirectorFT$157,171$31,811$188,982

Board Members and Trustees

NameTitle
Eliezer Rodriguez EsqChair
Raul RussiPresident
Carmen S MeleroVice Chair
Lymaris AlborsChief Executive Officer
Vicky GatellChief Financial Officer
Jose a RodriguezChief Legal Officer/exec. VP
Arnie SegarraMember
Gilbert HernandezSecretary
Marybeth HotalingTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
STAT Architecture PCArchitecture79 Madison Ave, New York, NY 10016$137,214
Revenue and Support

Revenue Composition

Contributions and Grants
$400,000
Program Service Revenue
$5,277,570
Investment Income
$1,382
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-1,381,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,490,083
Salaries, Compensation, and Employee Benefits$2,570,334
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,244,042--$2,244,042
Other Salaries and Wages$1,705,696--$1,705,696
Fees for Services Other$747,134--$747,134
Other Employee Benefits$433,333--$433,333
Interest$346,406--$346,406
Depreciation Depletion$312,097--$312,097
Insurance$297,736--$297,736
Payroll Taxes$222,958--$222,958
Current Officers, Directors, Trustees, and Key Employees$208,347--$208,347
Other Expenses-$203,321-$203,321
Office Expenses-$138,143-$138,143
Fees for Services Management-$124,845-$124,845
Fees for Services Legal-$46,259-$46,259
Fees for Services Accounting-$30,100-$30,100
Total Functional Expenses$6,517,749$542,668$0$7,060,417
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$23,151,871
Tenant Security Deposits$60,922
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

“The 990 is distributed to the board of directors prior to filing.”

FORM 990, PART VI, SECTION B, LINE 12C:

“Annual signed statements are provided that affirms that the interested parties are in compliance with the conflict of interest policy.”

FORM 990, PART VI, SECTION C, LINE 19:

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

FORM 990, PART VI, SECTION B, LINE 15A & 15B:

“Pursuant to the Organization's bylaws, the Organization delegates to its parent entity the hiring of the CEO and President. The compensation of the executives is approved by the Parent entity, who hires a consultant to conduct a study. A standing compensation committee of the Parent entity reviews a compensation study and votes on how to proceed.”

Filing and Contact Details

Filer

Filer Name
Promesa Housing Development Fund
EIN
13-3608906
In Care Of
% STEVE KADIN
Phone
7182991100
Address
311 East 175th Street, Bronx, NY 10457

Signing Officer

Name
Raul Russi
Title
President
Phone
7182991100
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Russi
Formed
1990
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
46
Volunteers
5

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Devin Desmond
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

“Description:other fees total fees:747134”

Financial Statement Notes

FORM 990, SCHEDULE D, PART X, LINE 2:

“PHDFC is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and New York taxation codes. Accordingly, no provision for income taxes has been reflected in the accompanying consolidated financial statements. PHDFC follows generally accepted accounting principles related to uncertain tax positions which require tax effects from an uncertain tax position to be recognized in the consolidated financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. If an uncertain tax position meets the more-likely-than-not threshold, the largest amount of tax benefit that is greater than 50 % likely to be recognized upon ultimate settlement with the taxing authority is recorded. PHDFC's primary tax positions relate to its status as a not-for-profit entity exempt from income taxes and classification of activities related to its exempt purpose. Management has evaluated the tax positions reflected in PHDFC's tax filings and does not believe that any material uncertain tax positions exist. PHDFC did not record any tax related interest or penalties during the years in question. PHDFC files form 990 in the U.S. federal jurisdiction and CHAR 500 in the State of New York.”

Raw XML AppendixShowing 400 of 2,065 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/BOYAmt03276374
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05254695
IRS990/AccountsReceivableGrp/BOYAmt06177791
IRS990/AccountsReceivableGrp/EOYAmt05443848
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS THROUGH THE RESIDENTIAL REVITALIZATION OF THE BRONX AND ADJACENT AREAS OF BRONX COUNTY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0STEVE KADIN
IRS990/BooksInCareOfDetail/PhoneNum07182991100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0311 EAST 175TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010457
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0208765
IRS990/CashNonInterestBearingGrp/EOYAmt0785993
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0208347
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0208347
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0137214
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt079 Madison Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010016
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0STAT Architecture PC
IRS990/ContractorCompensationGrp/ServicesDesc0Architecture
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0400000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01382
IRS990/CYOtherExpensesAmt04490083
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05277570
IRS990/CYRevenuesLessExpensesAmt0-1381465
IRS990/CYSalariesCompEmpBnftPaidAmt02570334
IRS990/CYTotalExpensesAmt07060417
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05678952
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt026837
IRS990/DeferredRevenueGrp/EOYAmt067897
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0312097
IRS990/DepreciationDepletionGrp/TotalAmt0312097
IRS990/Desc0THE ENTITY WAS FOUNDED TO COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS THROUGH THE RESIDENTIAL REVITALIZATION OF BRONX COUNTY, NEW YORK.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt046
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt06517749
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030100
IRS990/FeesForServicesAccountingGrp/TotalAmt030100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt046259
IRS990/FeesForServicesLegalGrp/TotalAmt046259
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0124845
IRS990/FeesForServicesManagementGrp/TotalAmt0124845
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0747134
IRS990/FeesForServicesOtherGrp/TotalAmt0747134
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt135.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt235.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt335.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt810.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt910.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1010.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1210.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt435.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt535.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt635.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt735.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0101830
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt156068
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230262
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt346781
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt443316
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt546396
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt614020
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt721811
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0RAUL RUSSI
IRS990/Form990PartVIISectionAGrp/PersonNm1LYMARIS ALBORS
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSE A RODRIGUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3VICKY GATELL
IRS990/Form990PartVIISectionAGrp/PersonNm4LORRAINE COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID ALMONTE
IRS990/Form990PartVIISectionAGrp/PersonNm6ANNE-MARIE A HENDRICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm7CORNELIA NAROVICI
IRS990/Form990PartVIISectionAGrp/PersonNm8ELIEZER RODRIGUEZ ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm9CARMEN S MELERO
IRS990/Form990PartVIISectionAGrp/PersonNm10MARYBETH HOTALING
IRS990/Form990PartVIISectionAGrp/PersonNm11GILBERT HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12ARNIE SEGARRA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4204061
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5199442
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6194327
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7167171
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0896597
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1836684
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2562331
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3442213
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF LEGAL OFFICER/EXEC. VP
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP OF SPECIAL PROJECTS
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR - HOUSING DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SR. VP OF AFFORABLE HOUSING
IRS990/Form990PartVIISectionAGrp/TitleTxt7CONSTRUCTION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0400000
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05678952
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0297736
IRS990/InsuranceGrp/TotalAmt0297736
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0346406
IRS990/InterestGrp/TotalAmt0346406
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01382
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01382
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05780393
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05709292
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07731954
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04435540
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04123443
IRS990/LandBldgEquipCostOrOtherBssAmt011855397
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS THROUGH THE RESIDENTIAL REVITALIZATION OF THE BRONX AND ADJACENT AREAS OF BRONX COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05604266
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05171597
IRS990/NetAssetsOrFundBalancesBOYAmt011150272
IRS990/NetAssetsOrFundBalancesEOYAmt017031062
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt07262255
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011150272
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017031062
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt02244042
IRS990/OccupancyGrp/TotalAmt02244042
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0138143
IRS990/OfficeExpensesGrp/TotalAmt0138143
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025928972
IRS990/OtherAssetsTotalGrp/EOYAmt025896129
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0433333
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0433333
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0203321
IRS990/OtherExpensesGrp/TotalAmt0203321
IRS990/OtherLiabilitiesGrp/BOYAmt026392594
IRS990/OtherLiabilitiesGrp/EOYAmt023212793
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01705696
IRS990/OtherSalariesAndWagesGrp/TotalAmt01705696
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0222958
IRS990/PayrollTaxesGrp/TotalAmt0222958
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0277149
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0212217
IRS990/PrincipalOfficerNm0Raul Russi
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1COMMERCIAL RENT
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc3ENFORCEMENT MORTGAGE FORGIVENESS
IRS990/ProgramServiceRevenueGrp/Desc4CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02202711
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11818441
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2171619
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3124903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4959896
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02202711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11818441
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2171619
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3124903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4959896
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0392
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt07310430
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07767797
IRS990/PYRevenuesLessExpensesAmt0-1914593
IRS990/PYSalariesCompEmpBnftPaidAmt02372352
IRS990/PYTotalExpensesAmt09682782
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07768189
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1381465
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt05277570
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03641733
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08567122
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0400000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0400000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01382
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0392
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0867
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039900
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt042541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05277570
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07767797

Document Assets

No mirrored PDF or thumbnail assets are attached yet.