Civic Intelligence

Home Assistance Technicians Inc.

990 • Fiscal year 2018 • EIN 13-3618225

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 17, 2019

462 7th Avenue 3rd floorNew York, NY 10018

(212) 219-1618

Siviq Scores

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

Liabilities / Assets

100th percentile

7.53x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

100th percentile

217%

Higher net margin than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

96th percentile

$377,222

Higher top officer pay than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

1st percentile

-96%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Down

$102,560

Down $2,285,394 (-96%) from 2017

Net Assets

Down

-$669,546

Down $1,056,612 (-273%) from 2017

Liabilities

Down

$772,106

Down $1,228,782 (-61%) from 2017

Revenue

Down

-$487,532

Down $841,584 (-238%) from 2017

Expenses

Up

$569,080

Up $98,575 (+21%) from 2017

Net Income

Down

-$1,056,612

Down $940,159 (-807%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,344,395Liabilities 2011: $2,290,173Net Assets 2011: $54,2222011Assets 2012: $2,306,497Liabilities 2012: $2,304,306Net Assets 2012: $2,1912012Assets 2013: $2,153,421Liabilities 2013: $1,352,276Net Assets 2013: $801,1452013Assets 2014: $2,192,621Liabilities 2014: $1,409,484Net Assets 2014: $783,1372014Assets 2015: $2,099,167Liabilities 2015: $1,464,410Net Assets 2015: $634,7572015Assets 2016: $2,245,467Liabilities 2016: $1,741,948Net Assets 2016: $503,5192016Assets 2017: $2,387,954Liabilities 2017: $2,000,888Net Assets 2017: $387,0662017Assets 2018: $102,560Liabilities 2018: $772,106Net Assets 2018: -$669,5462018Assets 2019: $103,810Liabilities 2019: $773,356Net Assets 2019: -$669,5462019Assets 2020: $98,918Liabilities 2020: $768,464Net Assets 2020: -$669,5462020Assets 2021: $98,918Liabilities 2021: $95,980Net Assets 2021: $2,9382021Assets 2022: $98,918Liabilities 2022: $95,980Net Assets 2022: $2,9382022Assets 2023: $98,918Liabilities 2023: $95,980Net Assets 2023: $2,9382023Assets 2024: $98,918Liabilities 2024: $95,980Net Assets 2024: $2,9382024

Highlighted filing

2018

Assets$102,560
Liabilities$772,106
Net Assets-$669,546

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $381,1322011Revenue 2012: $362,582Expenses 2012: $414,613Net Income 2012: -$52,0312012Revenue 2013: $1,264,166Expenses 2013: $465,212Net Income 2013: $798,9542013Revenue 2014: $320,524Expenses 2014: $338,532Net Income 2014: -$18,0082014Revenue 2015: $288,883Expenses 2015: $437,263Net Income 2015: -$148,3802015Revenue 2016: $351,472Expenses 2016: $482,710Net Income 2016: -$131,2382016Revenue 2017: $354,052Expenses 2017: $470,505Net Income 2017: -$116,4532017Revenue 2018: -$487,532Expenses 2018: $569,080Net Income 2018: -$1,056,6122018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $672,484Expenses 2021: $0Net Income 2021: $672,4842021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2018

Revenue-$487,532
Expenses$569,080
Net Income-$1,056,612
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 17, 2019
Return Version
2018v3.1
Gross Receipts
$1,151,256
Mission and Program Overview

Mission

Home assistance technicians, inc. Was formed for the purpose of developing and operating affordable housing and community facilities in the bronx, new york.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,074,702$0▼ $1,074,702
Cash and Non-Interest-Bearing Accounts$49,275$102,560▲ $53,285
Intangible Assets$22,447$0▼ $22,447
Accounts Receivable$9,500$0▼ $9,500
Savings and Temporary Cash Investments$0$0→ $0
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 Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Other Assets Total$1,232,030$0▼ $1,232,030
Total Assets$2,387,954$102,560▼ $2,285,394
Liabilities
Mortgage Notes Payable Secured by Investment Property$964,232$0▼ $964,232
Other Liabilities$884,505$744,058▼ $140,447
Accounts Payable and Accrued Expenses$152,151$28,048▼ $124,103
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,000,888$772,106▼ $1,228,782
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$387,066$-669,546▼ $1,056,612
Total Net Assets Fund Balance$387,066$-669,546▼ $1,056,612
Total Liabilities and Net Assets / Fund Balance$2,387,954$102,560▼ $2,285,394
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Rosa M GilPresident & CEO
Frances Pandolfi462 7th avenue
Carlos PineiroVcp
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$172,188
Investment Income
$-659,720
Other Revenue
$0
Change in Net Assets
$-1,056,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$569,080
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
Other Expenses$320,925--$320,925
Interest$48,713--$48,713
Depreciation Depletion$43,285--$43,285
Insurance$26,951--$26,951
Fees for Services Management$15,249--$15,249
Fees for Services Accounting$14,000--$14,000
Occupancy-$12,130-$12,130
Office Expenses$4,560--$4,560
Fees for Services Legal$750--$750
Total Functional Expenses$556,950$12,130$0$569,080
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
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 Affiliate$744,058
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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
No

Governance Explanations

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

Line 11b explanation - form 990 is reviewed by the members of the board before filing.

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

Members of the board are given the opportunity to disclose any conflicts of interest annually and are required to sign an annual disclosure form. Interest annually and are required to sign an annual disclosure form.

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

No compensation is paid to board members and officers of this corporation. However, the president/ceo is compensated by a related organization. The executive committee of the related organization meets annually to determine compensation. In addition, an independent compensation consultant is hired. Management provides resources for their use including information about best practices and comparability studies. The executive committee makes compensation recommendations to the board of directors.

FORM 990, PART VI, SECTION C, LINE 18:

The organizations governing documents, conflict of interest policy and financial statements are available at the administrative offices during regular business hours up on request.

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

After approval of the financial statements by the board of directors on an annual basis, the organization makes available all governance documents, policy statements, financial statements and tax returns to the public, upon written request. The organization also timely files its annual new york state char 500 report with the nys attorney general and all of its filings are made available through the nysoag charities website. Filings are made available through the nysoag charities website.

Filing and Contact Details

Filer

Filer Name
Home Assistance Technicians Inc
EIN
13-3618225
In Care Of
% PAUL LIEFFRIG
Phone
2122191618
Address
462 7th Avenue 3rd floor, NEW YORK, NY 10018

Signing Officer

Name
Dr Rosa M Gil
Title
President & CEO
Phone
2122191618
Signed
2019-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Rosa M Gil
Formed
1990
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
James Huang
Phone
2127519100
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Home assistance technicians, inc. Was formed for the purpose of developing and operating affordable housing and community facilities in the bronx, new york.

Form 990, Part III, Line 3

On june 29, 2018, the company sold its real estate to el rio ii housing development fund corporation, a related party, which becomes the title holder of the property. The property will provide affordable housing.

Financial Statement Notes

PART X, LINE 2:

Management has determined that the organization had no uncertain tax positions that would require financial statement recognition. The company is no longer subject to income tax examination by the u.s. Federal, state or local tax authorities for years before 2015, which is the standard statute of limitations look-back period.

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IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1056612
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0172188
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0172188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0354002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0351430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0300110
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0321166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01498896
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0207
IRS990ScheduleA/InvestmentIncomeCYPct00.00014
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99986
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01498896
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0172188
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0354002
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0351430
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0300110
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0321166
IRS990ScheduleA/Total509Grp/TotalAmt01498896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0172203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0354052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0351472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0300144
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0321232
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01499103
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0744058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE COMPANY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2015, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalLiabilityAmt0744058
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0337354
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt023491
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010966
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt05411
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR ROSA M GIL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0377222
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION PAID TO OFFICER FROM RELATED ORGANIZATION IS BASED ON THE RECOMMENDATIONS OF AN INDEPENDENT COMMITTEE THAT CONSIDERS PERFORMANCE, SCOPE OF RESPONSIBILITIES, AND SALARY COMPENSATION FOR SIMILAR POSITIONS. FINAL APPROVAL FOR EXECUTIVE DIRECTORS COMPENSATION MUST BE APPROVED BY THE EXECUTIVE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0true
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0REAL ESTATE
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02018-06-29
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0823049102
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0979053
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(4)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0EL RIO II HDFC
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0462 7TH AVENUE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0NEW YORK
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd010018
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE JUNE 29, 2018, THE ORGANIZATION SOLD ITS REAL ESTATE ASSETS TO EL RIO II HDFC, A RELATED 501(C)(4) NOT-FOR-PROFIT CORPORATION FOR THE PRICE OF $979,053. THE PROPERTY WILL BE USED TO PROVIDE AFFORDABLE HOUSING.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III - ADDITIONAL INFORMATION
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOME ASSISTANCE TECHNICIANS, INC. WAS FORMED FOR THE PURPOSE OF DEVELOPING AND OPERATING AFFORDABLE HOUSING AND COMMUNITY FACILITIES IN THE BRONX, NEW YORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ON JUNE 29, 2018, THE COMPANY SOLD ITS REAL ESTATE TO EL RIO II HOUSING DEVELOPMENT FUND CORPORATION, A RELATED PARTY, WHICH BECOMES THE TITLE HOLDER OF THE PROPERTY. THE PROPERTY WILL PROVIDE AFFORDABLE HOUSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE MEMBERS OF THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD ARE GIVEN THE OPPORTUNITY TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY AND ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE FORM. INTEREST ANNUALLY AND ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION IS PAID TO BOARD MEMBERS AND OFFICERS OF THIS CORPORATION. HOWEVER, THE PRESIDENT/CEO IS COMPENSATED BY A RELATED ORGANIZATION. THE EXECUTIVE COMMITTEE OF THE RELATED ORGANIZATION MEETS ANNUALLY TO DETERMINE COMPENSATION. IN ADDITION, AN INDEPENDENT COMPENSATION CONSULTANT IS HIRED. MANAGEMENT PROVIDES RESOURCES FOR THEIR USE INCLUDING INFORMATION ABOUT BEST PRACTICES AND COMPARABILITY STUDIES. THE EXECUTIVE COMMITTEE MAKES COMPENSATION RECOMMENDATIONS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ADMINISTRATIVE OFFICES DURING REGULAR BUSINESS HOURS UP ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AFTER APPROVAL OF THE FINANCIAL STATEMENTS BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS, THE ORGANIZATION MAKES AVAILABLE ALL GOVERNANCE DOCUMENTS, POLICY STATEMENTS, FINANCIAL STATEMENTS AND TAX RETURNS TO THE PUBLIC, UPON WRITTEN REQUEST. THE ORGANIZATION ALSO TIMELY FILES ITS ANNUAL NEW YORK STATE CHAR 500 REPORT WITH THE NYS ATTORNEY GENERAL AND ALL OF ITS FILINGS ARE MADE AVAILABLE THROUGH THE NYSOAG CHARITIES WEBSITE. FILINGS ARE MADE AVAILABLE THROUGH THE NYSOAG CHARITIES WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0true
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMUNILIFE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1COMUNILIFE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt2COMUNILIFE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt3COMUNILIFE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.00$0.67$0.00$0.67
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.77$0.67$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.77$0.67$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.77$0.67$0.49$0.57$1.06
2017Detailed filing. Detailed filing data is available for this year.$2.39$2.00$0.39$0.35$0.47$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.25$1.74$0.50$0.35$0.48$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.10$1.46$0.63$0.29$0.44$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.19$1.41$0.78$0.32$0.34$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.15$1.35$0.80$1.26$0.47$0.80
2012Summary only. Only limited summary data is available for this year.$2.31$2.30$0.00$0.36$0.41$0.05
2011Detailed filing. Detailed filing data is available for this year.$2.34$2.29$0.05$0.38