Civic Intelligence

Fulton Plaza Housing Development Fund Corporation

990 • Fiscal year 2018 • EIN 13-3651524

Jan 01, 2018 to Dec 31, 2018 • Filed on May 06, 2021

Organization ProfileMRCBX.ORG
576 East 165th StreetBronx, NY 10456

(718) 589-7858

Siviq Scores

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

Liabilities / Assets

76th percentile

0.39x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

1.85x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

66th percentile

9.8%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

61st percentile

$84,500

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

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

Asset Growth

50th percentile

1.1%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

30th percentile

-4.1%

Faster revenue growth than 30% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$2,742,830

Up $31,183 (+1.1%) from 2017

Net Assets

Up

$1,683,885

Up $56,393 (+3.5%) from 2017

Liabilities

Down

$1,058,945

Down $25,210 (-2.3%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin66th percentile

Revenue

Down

$572,525

Down $24,565 (-4.1%) from 2017

Expenses

Up

$516,132

Up $70,053 (+16%) from 2017

Net Income

Down

$56,393

Down $94,618 (-63%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,604,977Liabilities 2010: $1,050,563Net Assets 2010: $1,554,4142010Assets 2011: $2,581,382Liabilities 2011: $1,075,019Net Assets 2011: $1,506,3632011Assets 2013: $2,966,453Liabilities 2013: $975,028Net Assets 2013: $1,991,4252013Assets 2016: $2,714,861Liabilities 2016: $1,131,322Net Assets 2016: $1,583,5392016Assets 2017: $2,711,647Liabilities 2017: $1,084,155Net Assets 2017: $1,627,4922017Assets 2018: $2,742,830Liabilities 2018: $1,058,945Net Assets 2018: $1,683,8852018Assets 2019: $2,727,101Liabilities 2019: $970,370Net Assets 2019: $1,756,7312019Assets 2020: $2,752,012Liabilities 2020: $909,615Net Assets 2020: $1,842,3972020Assets 2021: $2,768,696Liabilities 2021: $876,021Net Assets 2021: $1,892,6752021Assets 2022: $2,664,138Liabilities 2022: $853,222Net Assets 2022: $1,810,9162022Assets 2023: $2,494,915Liabilities 2023: $776,523Net Assets 2023: $1,718,3922023

Highlighted filing

2018

Assets$2,742,830
Liabilities$1,058,945
Net Assets$1,683,885
Open 2018 Filing

Operations Trend

Revenue Growth30th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $602,7262010Revenue 2011: $438,148Expenses 2011: $435,867Net Income 2011: $2,2812011Revenue 2013: $505,312Expenses 2013: $389,223Net Income 2013: $116,0892013Revenue 2016: $618,493Expenses 2016: $421,624Net Income 2016: $196,8692016Revenue 2017: $597,090Expenses 2017: $446,079Net Income 2017: $151,0112017Revenue 2018: $572,525Expenses 2018: $516,132Net Income 2018: $56,3932018Revenue 2019: $540,334Expenses 2019: $467,488Net Income 2019: $72,8462019Revenue 2020: $588,084Expenses 2020: $502,418Net Income 2020: $85,6662020Revenue 2021: $588,131Expenses 2021: $537,853Net Income 2021: $50,2782021Revenue 2022: $528,174Expenses 2022: $609,933Net Income 2022: -$81,7592022Revenue 2023: $587,086Expenses 2023: $679,610Net Income 2023: -$92,5242023

Highlighted filing

2018

Revenue$572,525
Expenses$516,132
Net Income$56,393
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 6, 2021
Return Version
2018v3.2
Gross Receipts
$572,525
Mission and Program Overview

Mission

Provide affordable low income rental housing

Provider of affordable low income rental housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,324,327$2,350,510▲ $26,183
Accounts Receivable$141,305$163,572▲ $22,267
Cash and Non-Interest-Bearing Accounts$182,959$151,230▼ $31,729
Savings and Temporary Cash Investments$32,606$38,606▲ $6,000
Prepaid Expenses and Deferred Charges$1,540$8,648▲ $7,108
Total Assets$2,711,647$2,742,830▲ $31,183
Other Assets Total$28,910$30,264▲ $1,354
Liabilities
Mortgage Notes Payable Secured by Investment Property$667,967$655,937▼ $12,030
Unsecured Notes Loans Payable$367,507$306,180▼ $61,327
Accounts Payable and Accrued Expenses$19,771$66,564▲ $46,793
Other Liabilities$28,910$30,264▲ $1,354
Total Liabilities$1,084,155$1,058,945▼ $25,210
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,904,528$0▼ $1,904,528
Unrestricted Net Assets$-277,036$1,683,885▲ $1,960,921
Total Net Assets Fund Balance$1,627,492$1,683,885▲ $56,393
Total Liabilities and Net Assets / Fund Balance$2,711,647$2,742,830▲ $31,183

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,970,510$2,344,568$4,315,078
Land$380,000-$380,000
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Claudia NisbettExecutive DirectorPT$84,500$84,500

Board Members and Trustees

NameTitle
Louise WashingtonPresident
Abigail TaylorDirector
Eddie McshaneDirector
Flor CamarenaDirector
Glenda CampbellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$557,204
Investment Income
$0
Other Revenue
$15,321
Change in Net Assets
$56,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$516,132
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
Depreciation Depletion$129,097--$129,097
Fees for Services Other$62,566--$62,566
Fees for Services Management$47,805--$47,805
Insurance$23,716--$23,716
Fees for Services Accounting$21,550--$21,550
Fees for Services Legal$20,303--$20,303
Interest$15,505--$15,505
Office Expenses$3,587--$3,587
Other Expenses$400--$400
All Other Expenses$50--$50
Total Functional Expenses$516,132$0$0$516,132
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security$30,264
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
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft of form 990 is reviewed and approved by the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose any conflicts of interest on an annual basis and as potential conflicts arise.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, form 990 and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Fulton Plaza Housing Development Fund
EIN
13-3651524
Phone
7185897858
Address
576 EAST 165TH STREET, BRONX, NY 10456

Signing Officer

Name
Paul Moore
Title
Deputy Executive Director
Phone
6466758248
Signed
2021-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Moore
Formed
1992
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Friedman Llp
Address
ONE LIBERTY PLAZA 165 BROADWAY 21ST, FL, NEW YORK, NY 10006
Preparer
Sarah Avery
Phone
2128427000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Payroll funding: program service expenses 62,566. Management and general expenses 0. Fundraising expenses 0. Total expenses 62,566.”

Raw XML AppendixShowing 400 of 404 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019771
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt066564
IRS990/AccountsReceivableGrp/BOYAmt0141305
IRS990/AccountsReceivableGrp/EOYAmt0163572
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDER OF AFFORDABLE LOW INCOME RENTAL HOUSING
IRS990/AllOtherExpensesGrp/ProgramServicesAmt050
IRS990/AllOtherExpensesGrp/TotalAmt050
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CORNELL PACE INC
IRS990/BooksInCareOfDetail/PhoneNum09143808220
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0542 MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ROCHELLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010801
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0182959
IRS990/CashNonInterestBearingGrp/EOYAmt0151230
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0516132
IRS990/CYOtherRevenueAmt015321
IRS990/CYProgramServiceRevenueAmt0557204
IRS990/CYRevenuesLessExpensesAmt056393
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0516132
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0572525
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0129097
IRS990/DepreciationDepletionGrp/TotalAmt0129097
IRS990/Desc0AFFORDABLE HOUSING
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0516132
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt021550
IRS990/FeesForServicesAccountingGrp/TotalAmt021550
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt020303
IRS990/FeesForServicesLegalGrp/TotalAmt020303
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt047805
IRS990/FeesForServicesManagementGrp/TotalAmt047805
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt062566
IRS990/FeesForServicesOtherGrp/TotalAmt062566
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt56.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0LOUISE WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm1ABIGAIL TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm2EDDIE MCSHANE
IRS990/Form990PartVIISectionAGrp/PersonNm3GLENDA CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm4FLOR CAMARENA
IRS990/Form990PartVIISectionAGrp/PersonNm5CLAUDIA NISBETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt584500
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0572525
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023716
IRS990/InsuranceGrp/TotalAmt023716
IRS990/InterestGrp/ProgramServicesAmt015505
IRS990/InterestGrp/TotalAmt015505
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02344568
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02324327
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02350510
IRS990/LandBldgEquipCostOrOtherBssAmt04695078
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE AFFORDABLE LOW INCOME RENTAL HOUSING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0667967
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0655937
IRS990/NetAssetsOrFundBalancesBOYAmt01627492
IRS990/NetAssetsOrFundBalancesEOYAmt01683885
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt03587
IRS990/OfficeExpensesGrp/TotalAmt03587
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt028910
IRS990/OtherAssetsTotalGrp/EOYAmt030264
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3FILING FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt099215
IRS990/OtherExpensesGrp/ProgramServicesAmt188192
IRS990/OtherExpensesGrp/ProgramServicesAmt24146
IRS990/OtherExpensesGrp/ProgramServicesAmt3400
IRS990/OtherExpensesGrp/TotalAmt099215
IRS990/OtherExpensesGrp/TotalAmt188192
IRS990/OtherExpensesGrp/TotalAmt24146
IRS990/OtherExpensesGrp/TotalAmt3400
IRS990/OtherLiabilitiesGrp/BOYAmt028910
IRS990/OtherLiabilitiesGrp/EOYAmt030264
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LOAN ADJUSTMENT
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010627
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14694
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010627
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14694
IRS990/OtherRevenueTotalAmt015321
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08648
IRS990/PrincipalOfficerNm0PAUL MOORE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0LOW INCOME HOUSING REN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0557204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0557204
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0400077
IRS990/PYOtherRevenueAmt0103990
IRS990/PYProgramServiceRevenueAmt0493100
IRS990/PYRevenuesLessExpensesAmt0151011
IRS990/PYSalariesCompEmpBnftPaidAmt046002
IRS990/PYTotalExpensesAmt0446079
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0597090
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt056393
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0572525
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032606
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038606
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0572525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0597090
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0514503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0459122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0401672
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02544912
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02544912
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0572525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0597090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0514503
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0459122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0401672
IRS990ScheduleA/Total509Grp/TotalAmt02544912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0572525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0597090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0514503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0459122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0401672
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02544912
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01970510
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02344568
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04315078
IRS990ScheduleD/LandGrp/BookValueAmt0380000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0380000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030264
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02350510
IRS990ScheduleD/TotalLiabilityAmt030264
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS AND AS POTENTIAL CONFLICTS ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL FUNDING: PROGRAM SERVICE EXPENSES 62,566. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,566.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MORRISANIA REVITALIZATION CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133113927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PUBLIC CHARITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0576 EAST 165TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010456
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt062566
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MORRISANIA REVITALIZATION CO
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01904528
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02711647
IRS990/TotalAssetsEOYAmt02742830
IRS990/TotalAssetsGrp/BOYAmt02711647
IRS990/TotalAssetsGrp/EOYAmt02742830
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0516132
IRS990/TotalFunctionalExpensesGrp/TotalAmt0516132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01084155
IRS990/TotalLiabilitiesEOYAmt01058945
IRS990/TotalLiabilitiesGrp/BOYAmt01084155
IRS990/TotalLiabilitiesGrp/EOYAmt01058945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01627492
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01683885
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0516132
IRS990/TotalProgramServiceRevenueAmt0557204
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0572525
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0572525
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02711647
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02742830
IRS990/TotReportableCompRltdOrgAmt084500
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-277036
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01683885
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0367507
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0306180
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0576 EAST 165TH STREET
IRS990/USAddress/CityNm0BRONX
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010456
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0MRCBX.ORG
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0THE FORMER EXECUTIVE DIRECTOR OF THE ORGANIZATION, CLAUDIA NISBETT (DECEASED AUGUST 2020) WAS AN EMPLOYEE FOR OVER 10 YEARS. THE ORGANIZATION'S TAX RETURNS WERE FILED TIMELY THROUGHOUT THAT PERIOD. TRAGICALLY, SHE BECAME ILL IN 2015-16, AND UNFORTUNATELY, THE TIMELY FILING OF TAX RETURNS WAS OVERLOOKED. WHEN THE BOARD WAS MADE AWARE THAT THE FILING DEADLINES HAD BEEN MISSED AND THE EXEMPT STATUS REVOKED, THE CURRENT SERVICE PROVIDER, FRIEDMAN LLP, WAS ENGAGED. DISCUSSIONS WITH FRIEDMAN LLP TO PREPARE THE DELINQUENT RETURNS COMMENCED EARLY MARCH 2020. UNFORTUNATELY, THE PANDEMIC HIT AND DIFFICULTIES WITH GATHERING THE DATA TO PREPARE AND FILE COMPLETE RETURNS WAS ENCOUNTERED. THE ENGAGEMENT LETTER WITH FRIEDMAN LLP WAS ULTIMATELY SIGNED JANUARY 22, 2021 AND THE PROCESS TO GATHER THE INFORMATION NECESSARY TO PREPARE COMPLETE RETURNS FOR ALL DELINQUENT YEARS.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DEPUTY EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06466758248
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FULTON PLAZA HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FULT
ReturnHeader/Filer/EIN0133651524
ReturnHeader/Filer/PhoneNum07185897858
ReturnHeader/Filer/USAddress/AddressLine1Txt0576 EAST 165TH STREET
ReturnHeader/Filer/USAddress/CityNm0BRONX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010456
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0131610809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRIEDMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE LIBERTY PLAZA 165 BROADWAY 21ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010006
ReturnHeader/PreparerPersonGrp/PhoneNum02128427000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARAH AVERY
ReturnHeader/ReturnTs02021-05-14T14:44:28-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,742,830
Liabilities
$1,058,945
Net assets
$1,683,885
Revenue
$572,525
Expenses
$516,132
Net income
$56,393
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.49$0.78$1.72$0.59$0.68$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.66$0.85$1.81$0.53$0.61$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.77$0.88$1.89$0.59$0.54$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.75$0.91$1.84$0.59$0.50$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.73$0.97$1.76$0.54$0.47$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.74$1.06$1.68$0.57$0.52$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.71$1.08$1.63$0.60$0.45$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.71$1.13$1.58$0.62$0.42$0.20
2013Detailed filing. Detailed filing data is available for this year.$2.97$0.98$1.99$0.51$0.39$0.12
2011Summary only. Only limited summary data is available for this year.$2.58$1.08$1.51$0.44$0.44$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$1.05$1.55$0.60