Civic Intelligence

Timpson Housing Development Fund Corporation

990 • Fiscal year 2023 • EIN 13-3614970

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 08, 2024

Organization ProfileN/A
429 Bruckner Blvd 2nd FloorBronx, NY 10455

(347) 726-2547

Siviq Scores

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

Liabilities / Assets

98th percentile

1.52x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

4.15x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

29th percentile

-4.2%

Higher net margin than 29% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$251,995

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

34th percentile

0.6%

Faster asset growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

37th percentile

-0.8%

Faster revenue growth than 37% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$7,049,197

Up $38,631 (+0.6%) from 2022

Net Assets

Down

-$3,666,821

Down $109,236 (-3.1%) from 2022

Liabilities

Up

$10,716,018

Up $147,867 (+1.4%) from 2022

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin29th percentile

Revenue

Down

$2,579,704

Down $20,308 (-0.8%) from 2022

Expenses

Down

$2,688,940

Down $55,010 (-2.0%) from 2022

Net Income

Up

-$109,236

Up $34,702 (+24%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $7,418,644Liabilities 2010: $11,262,706Net Assets 2010: -$3,844,0622010Assets 2011: $7,369,861Liabilities 2011: $11,443,749Net Assets 2011: -$4,073,8882011Assets 2012: $8,066,785Liabilities 2012: $11,320,497Net Assets 2012: -$3,253,7122012Assets 2013: $8,120,594Liabilities 2013: $11,421,416Net Assets 2013: -$3,300,8222013Assets 2014: $7,932,115Liabilities 2014: $11,251,403Net Assets 2014: -$3,319,2882014Assets 2015: $7,927,372Liabilities 2015: $11,221,020Net Assets 2015: -$3,293,6482015Assets 2016: $7,833,505Liabilities 2016: $11,150,460Net Assets 2016: -$3,316,9552016Assets 2017: $7,729,376Liabilities 2017: $11,024,552Net Assets 2017: -$3,295,1762017Assets 2018: $7,457,850Liabilities 2018: $10,920,306Net Assets 2018: -$3,462,4562018Assets 2019: $7,265,212Liabilities 2019: $10,935,389Net Assets 2019: -$3,670,1772019Assets 2020: $7,471,817Liabilities 2020: $10,995,064Net Assets 2020: -$3,523,2472020Assets 2021: $7,539,222Liabilities 2021: $10,952,869Net Assets 2021: -$3,413,6472021Assets 2022: $7,010,566Liabilities 2022: $10,568,151Net Assets 2022: -$3,557,5852022Assets 2023: $7,049,197Liabilities 2023: $10,716,018Net Assets 2023: -$3,666,8212023Assets 2024: $6,126,850Liabilities 2024: $10,567,861Net Assets 2024: -$4,441,0112024

Highlighted filing

2023

Assets$7,049,197
Liabilities$10,716,018
Net Assets-$3,666,821
Open 2023 Filing

Operations Trend

Revenue Growth37th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2010: $1,939,757Expenses 2010: $2,048,050Net Income 2010: -$108,2932010Revenue 2011: $1,977,280Expenses 2011: $2,207,106Net Income 2011: -$229,8262011Revenue 2012: $2,911,503Expenses 2012: $2,091,327Net Income 2012: $820,1762012Revenue 2013: $2,338,687Expenses 2013: $2,385,797Net Income 2013: -$47,1102013Revenue 2014: $2,345,367Expenses 2014: $2,363,833Net Income 2014: -$18,4662014Revenue 2015: $2,448,026Expenses 2015: $2,422,386Net Income 2015: $25,6402015Revenue 2016: $2,502,055Expenses 2016: $2,525,362Net Income 2016: -$23,3072016Revenue 2017: $2,590,922Expenses 2017: $2,569,143Net Income 2017: $21,7792017Revenue 2018: $2,487,047Expenses 2018: $2,654,327Net Income 2018: -$167,2802018Revenue 2019: $2,585,110Expenses 2019: $2,792,831Net Income 2019: -$207,7212019Revenue 2020: $2,419,314Expenses 2020: $2,272,384Net Income 2020: $146,9302020Revenue 2021: $2,548,819Expenses 2021: $2,439,219Net Income 2021: $109,6002021Revenue 2022: $2,600,012Expenses 2022: $2,743,950Net Income 2022: -$143,9382022Revenue 2023: $2,579,704Expenses 2023: $2,688,940Net Income 2023: -$109,2362023Revenue 2024: $2,624,916Expenses 2024: $3,399,106Net Income 2024: -$774,1902024

Highlighted filing

2023

Revenue$2,579,704
Expenses$2,688,940
Net Income-$109,236
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 8, 2024
Return Version
2023v5.0
Gross Receipts
$2,579,704
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,239,091$2,869,396▼ $369,695
Cash and Non-Interest-Bearing Accounts$1,319,509$1,388,797▲ $69,288
Accounts Receivable$560,656$698,950▲ $138,294
Prepaid Expenses and Deferred Charges$270,735$191,743▼ $78,992
Savings and Temporary Cash Investments$7,673$7,673→ $0
Intangible Assets$6,700$5,805▼ $895
Total Assets$7,010,566$7,049,197▲ $38,631
Other Assets Total$1,606,202$1,886,833▲ $280,631
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,112,345$10,040,386▼ $71,959
Accounts Payable and Accrued Expenses$217,256$429,369▲ $212,113
Escrow Account Liability$198,495$194,042▼ $4,453
Other Liabilities$40,055$52,221▲ $12,166
Total Liabilities$10,568,151$10,716,018▲ $147,867
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,557,585$-3,666,821▼ $109,236
Total Net Assets Fund Balance$-3,557,585$-3,666,821▼ $109,236
Total Liabilities and Net Assets / Fund Balance$7,010,566$7,049,197▲ $38,631

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,771,795$10,041,860$12,813,655
Equipment$97,601$513,278$610,879
Other Assets Org$131,023--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleOtherTotal
Salvatore GiganteVice Preside$251,995$251,995
Sonal ShahController$139,248$139,248

Board Members and Trustees

NameTitle
Enrico BocciaChair
Salvatore GiganteVice President
Evelyn VelazquezTreasurer/se
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,571,935
Investment Income
$7,769
Other Revenue
$0
Change in Net Assets
$-109,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,579,704
Total Revenue per Audited Statements
$2,579,704
Total Revenue per Form 990
$2,579,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,284,890
Salaries, Compensation, and Employee Benefits$404,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$485,543--$485,543
Other Salaries and Wages$266,236--$266,236
Insurance$226,595--$226,595
Fees for Services Management-$194,326-$194,326
All Other Expenses$153,469--$153,469
Other Employee Benefits$108,258--$108,258
Other Expenses$99,243--$99,243
Fees for Services Legal$64,272--$64,272
Payroll Taxes$29,556--$29,556
Fees for Services Accounting-$15,150-$15,150
Information Technology$8,232--$8,232
Interest$6,697--$6,697
Fees for Services Other$132--$132
Total Functional Expenses$2,479,464$209,476$0$2,688,940

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,688,940
Total Expenses per Audited Statements$2,688,940
Total Expenses per Form 990$2,688,940
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$60,643
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Rent$52,221
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 2023, the property management company was changed to sebco development inc.”

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 reviwed 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 records, are available from the ny secretary of state and provide upon request.”

Filing and Contact Details

Filer

Filer Name
Timpson Housing Development Fund
EIN
13-3614970
Phone
3477262547
Address
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY 10455

Signing Officer

Name
Salvatore Gigante
Title
Vice President
Phone
3477262547
Signed
2024-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salvatore Gigante
Formed
1991
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
8

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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045394
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05401
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010302
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023158
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt063966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02571935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02582676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02498024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02409012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02561952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012623599
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07769
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017336
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05401
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010302
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023158
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt063966
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99500
IRS990ScheduleA/PublicSupportPY509Pct00.99370
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02409012
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02561952
IRS990ScheduleA/Total509Grp/TotalAmt012668993
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02548819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02419314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02585110
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012732959
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02771795
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010041860
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012813655
IRS990ScheduleD/EquipmentGrp/BookValueAmt097601
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0513278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0610879
IRS990ScheduleD/ExpensesSubtotalAmt02688940
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01269488
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1292280
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2194042
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3131023
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FUNDS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/RevenueSubtotalAmt02579704
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/TotalBookValueLandBuildingsAmt02869396
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01886833
IRS990ScheduleD/TotalExpensesPerForm990Amt02688940
IRS990ScheduleD/TotalLiabilityAmt052221
IRS990ScheduleD/TotalRevenuePerForm990Amt02579704
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02579704
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02688940
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0251995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SALVATORE GIGANTE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0251995
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SENTRY SECURITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt060643
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SECURITY
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OWNS APARTMENT BUILDINGS CONSTRUCTED AND MAINTAINED TO PROVIDE LOW INCOME HOUSING. IN 2023, THE PROPERTY MANAGEMENT COMPANY WAS CHANGED TO SEBCO DEVELOPMENT INC.
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 REVIWED 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 RECORDS, ARE AVAILABLE FROM THE NY SECRETARY OF STATE AND PROVIDE 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/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0N/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/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0160733
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SEBCO DEVELOPMENT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
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/TotalAssetsBOYAmt07010566
IRS990/TotalAssetsEOYAmt07049197
IRS990/TotalAssetsGrp/BOYAmt07010566
IRS990/TotalAssetsGrp/EOYAmt07049197
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0209476
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02479464
IRS990/TotalFunctionalExpensesGrp/TotalAmt02688940
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010568151
IRS990/TotalLiabilitiesEOYAmt010716018
IRS990/TotalLiabilitiesGrp/BOYAmt010568151
IRS990/TotalLiabilitiesGrp/EOYAmt010716018
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3557585
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3666821
IRS990/TotalProgramServiceExpensesAmt02479464
IRS990/TotalProgramServiceRevenueAmt02571935
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02579704
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02579704
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07010566

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,049,197
Liabilities
$10,716,018
Net assets
-$3,666,821
Revenue
$2,579,704
Expenses
$2,688,940
Net income
-$109,236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$10.6$4.44$2.62$3.40$0.77
2023Detailed filing. Detailed filing data is available for this year.$7.05$10.7$3.67$2.58$2.69$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.01$10.6$3.56$2.60$2.74$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.54$11.0$3.41$2.55$2.44$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.47$11.0$3.52$2.42$2.27$0.15
2019Summary only. Only limited summary data is available for this year.$7.27$10.9$3.67$2.59$2.79$0.21
2018Summary only. Only limited summary data is available for this year.$7.46$10.9$3.46$2.49$2.65$0.17
2017Summary only. Only limited summary data is available for this year.$7.73$11.0$3.30$2.59$2.57$0.02
2016Summary only. Only limited summary data is available for this year.$7.83$11.2$3.32$2.50$2.53$0.02
2015Summary only. Only limited summary data is available for this year.$7.93$11.2$3.29$2.45$2.42$0.03
2014Summary only. Only limited summary data is available for this year.$7.93$11.3$3.32$2.35$2.36$0.02
2013Summary only. Only limited summary data is available for this year.$8.12$11.4$3.30$2.34$2.39$0.05
2012Summary only. Only limited summary data is available for this year.$8.07$11.3$3.25$2.91$2.09$0.82
2011Summary only. Only limited summary data is available for this year.$7.37$11.4$4.07$1.98$2.21$0.23
2010Summary only. Only limited summary data is available for this year.$7.42$11.3$3.84$1.94$2.05$0.11