Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
142 Ludlow Street Housing Development Fund Company Inc.
990EZ • Fiscal year 2016 • EIN 13-3637357
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
3.86x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
77th percentile
Faster revenue growth than 77% of similar nonprofits.
Balance Sheet
Assets
Down$263,706
Down $59,046 (-18%) from 2015
Net Assets
Down-$754,146
Down $33,525 (-4.7%) from 2015
Liabilities
Down$1,017,852
Down $25,521 (-2.4%) from 2015
Revenue And Expenses
Revenue
Up$118,841
Up $25,300 (+27%) from 2015
Expenses
Down$152,366
Down $32,866 (-18%) from 2015
Net Income
Up-$33,525
Up $58,166 (+63%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 14, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $118,841
Mission and Program Overview
Mission
Operating a government assisted housing project for low income individuals.
To Operate a Government Assisted Housing Project
Program Services
| Description | Grants | Expenses |
|---|---|---|
| During 2016 there were 19 apartments rented out to 28 residents qualifying as low income and eligible for government assistance. | $145,205 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Aaron From | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- 142 Ludlow Street Housing Development
- EIN
- 13-3637357
- Phone
- 2126739328
- Address
- 235 East Broadway, New York, NY 10002
Signing Officer
- Name
- Aaron From
- Title
- Secretary
- Signed
- 2017-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Schall & Ashenfarb Cpas
- Address
- 307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
- Preparer
- Michael Schall
- Phone
- 2122682800
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $2961”
Other Expenses.1008
“Interest $30610”
Other Expenses.1009
“Depreciation $50053”
Other Expenses.1
“Utilities $24283”
Other Expenses.2
“Repairs & maintenance $14578”
Other Expenses.3
“Property Taxes $13593”
Other Expenses.4
“Telephone $1700”
Other Assets.1003
“Machinery and Equipment - Beginning $2851 Machinery and Equipment - Ending $381”
Other Assets.1005
“Accounts Receivable - Beginning $11128 Accounts Receivable - Ending $3293”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $68956 Accounts Payable and Accrued Expenses - Ending $12825”
Total Liabilities.1007
“Secured Mortgages and Notes Payable - Beginning $255083 Secured Mortgages and Notes Payable - Ending $255083”
Total Liabilities.1
“Accrued Interest Payable - Beginning $719334 Accrued Interest Payable - Ending $749944”
Raw XML Appendix181 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Norma Klein |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2126739328 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 235 East Broadway |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | New York |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10002 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 25864 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24706 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 26705 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -33525 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9880 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 322752 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 263706 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 118841 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 53 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 282909 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 235326 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -720621 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -754146 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -720621 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -754146 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Aaron From |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 13979 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3674 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 137778 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To Operate a Government Assisted Housing Project |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 92083 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | During 2016 there were 19 apartments rented out to 28 residents qualifying as low income and eligible for government assistance. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 145205 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 4708 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1043373 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1017852 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 152366 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 145205 |
| IRS990EZ/TotalRevenueAmt | 0 | 118841 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 26705 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 26705 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 53 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 93 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 54 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 258 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 92083 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 94448 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 88737 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 94331 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 119697 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 489296 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 53 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 93 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 54 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 58 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 258 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00050 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00060 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99940 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 516001 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 118788 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 94448 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 88737 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 94331 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 119697 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 516001 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 118841 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 94541 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 88791 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 94389 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 119697 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 516259 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $2961 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Interest $30610 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Depreciation $50053 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Utilities $24283 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Repairs & maintenance $14578 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Property Taxes $13593 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Telephone $1700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Machinery and Equipment - Beginning $2851 Machinery and Equipment - Ending $381 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Receivable - Beginning $11128 Accounts Receivable - Ending $3293 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Accounts Payable and Accrued Expenses - Beginning $68956 Accounts Payable and Accrued Expenses - Ending $12825 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Secured Mortgages and Notes Payable - Beginning $255083 Secured Mortgages and Notes Payable - Ending $255083 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accrued Interest Payable - Beginning $719334 Accrued Interest Payable - Ending $749944 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Aaron From |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | 142 Ludlow Street Housing Development |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Fund Company Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 142L |
| ReturnHeader/Filer/EIN | 0 | 133637357 |
| ReturnHeader/Filer/PhoneNum | 0 | 2126739328 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 235 East Broadway |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New York |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10002 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHALL & ASHENFARB CPAS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 307 5th Ave 15th Floor |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 100166517 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2122682800 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Michael Schall |
| ReturnHeader/ReturnTs | 0 | 2017-11-14T07:45:05-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $263,706
- Liabilities
- $1,017,852
- Net assets
- -$754,146
- Revenue
- $118,841
- Expenses
- $152,366
- Net income
- -$33,525