Civic Intelligence

445V Vip Housing Development Fund Corporation

990 • Fiscal year 2020 • EIN 13-3680210

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization ProfileN/A
770 East 176 StBronx, NY 10460

(718) 583-5150

Siviq Scores

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

Liabilities / Assets

58th percentile

0.83x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

2.95x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

73rd percentile

8.8%

Higher net margin than 73% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$289,940

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

73rd percentile

2.8%

Faster asset growth than 73% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

2.6%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$3,279,833

Up $89,371 (+2.8%) from 2019

Net Assets

Up

$546,389

Up $81,208 (+17%) from 2019

Liabilities

Up

$2,733,444

Up $8,163 (+0.3%) from 2019

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin73rd percentile

Revenue

Up

$927,305

Up $23,177 (+2.6%) from 2019

Expenses

Up

$846,097

Up $30,832 (+3.8%) from 2019

Net Income

Down

$81,208

Down $7,655 (-8.6%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,637,718Liabilities 2011: $2,741,712Net Assets 2011: -$103,9942011Assets 2012: $2,695,859Liabilities 2012: $2,735,465Net Assets 2012: -$39,6062012Assets 2013: $2,652,457Liabilities 2013: $2,736,578Net Assets 2013: -$84,1212013Assets 2014: $2,668,932Liabilities 2014: $2,705,292Net Assets 2014: -$36,3602014Assets 2015: $2,738,644Liabilities 2015: $2,719,698Net Assets 2015: $18,9462015Assets 2016: $2,854,414Liabilities 2016: $2,730,586Net Assets 2016: $123,8282016Assets 2017: $2,944,426Liabilities 2017: $2,729,603Net Assets 2017: $214,8232017Assets 2018: $3,096,689Liabilities 2018: $2,720,371Net Assets 2018: $376,3182018Assets 2019: $3,190,462Liabilities 2019: $2,725,281Net Assets 2019: $465,1812019Assets 2020: $3,279,833Liabilities 2020: $2,733,444Net Assets 2020: $546,3892020Assets 2021: $3,270,996Liabilities 2021: $2,717,312Net Assets 2021: $553,6842021Assets 2022: $3,152,617Liabilities 2022: $2,753,271Net Assets 2022: $399,3462022Assets 2023: $3,047,275Liabilities 2023: $2,752,503Net Assets 2023: $294,7722023Assets 2024: $3,016,565Liabilities 2024: $2,752,310Net Assets 2024: $264,2552024

Highlighted filing

2020

Assets$3,279,833
Liabilities$2,733,444
Net Assets$546,389
Open 2020 Filing

Operations Trend

Revenue Growth52nd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $743,0932011Expenses 2012: $696,3692012Revenue 2013: $771,185Expenses 2013: $815,700Net Income 2013: -$44,5152013Revenue 2014: $764,808Expenses 2014: $717,047Net Income 2014: $47,7612014Revenue 2015: $802,564Expenses 2015: $747,258Net Income 2015: $55,3062015Revenue 2016: $834,010Expenses 2016: $729,128Net Income 2016: $104,8822016Revenue 2017: $886,093Expenses 2017: $795,098Net Income 2017: $90,9952017Revenue 2018: $899,172Expenses 2018: $737,677Net Income 2018: $161,4952018Revenue 2019: $904,128Expenses 2019: $815,265Net Income 2019: $88,8632019Revenue 2020: $927,305Expenses 2020: $846,097Net Income 2020: $81,2082020Revenue 2021: $935,600Expenses 2021: $928,305Net Income 2021: $7,2952021Revenue 2022: $911,651Expenses 2022: $1,065,989Net Income 2022: -$154,3382022Revenue 2023: $930,826Expenses 2023: $1,035,400Net Income 2023: -$104,5742023Revenue 2024: $982,468Expenses 2024: $1,012,985Net Income 2024: -$30,5172024

Highlighted filing

2020

Revenue$927,305
Expenses$846,097
Net Income$81,208
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$927,305
Mission and Program Overview

Mission

To provide clean, affordable housing to low-income residents in the south bronx, ny.

To provide affordable housing in the south bronx, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,378,366$1,322,074▼ $56,292
Cash and Non-Interest-Bearing Accounts$435,719$530,141▲ $94,422
Accounts Receivable$74,167$79,797▲ $5,630
Prepaid Expenses and Deferred Charges$41,237$53,939▲ $12,702
Total Assets$3,190,462$3,279,833▲ $89,371
Other Assets Total$1,260,973$1,293,882▲ $32,909
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,623,699$2,623,699→ $0
Other Liabilities$45,601$45,601→ $0
Accounts Payable and Accrued Expenses$37,998$36,140▼ $1,858
Deferred Revenue$17,983$28,004▲ $10,021
Total Liabilities$2,725,281$2,733,444▲ $8,163
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$465,181$546,389▲ $81,208
Total Net Assets Fund Balance$465,181$546,389▲ $81,208
Total Liabilities and Net Assets / Fund Balance$3,190,462$3,279,833▲ $89,371

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,255,925$1,484,460$2,740,385
Equipment$66,149$83,349$149,498
Other Assets Org$459,844--
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Steve EdwardsBoard Chair (outgoing)
Zenali TiradoChair
Debbian Fletcher-blakePresident/CEO
John P NeroVice Chair
Jodi SturgeonBoard Member
Seth TownsendBoard Member
Elizabeth OwenDirector (outgoing)
Peggy ArroyoDirector (outgoing)
Dana ColemanSr. Director
Nanda SahaAsst. Controller
Frank KploanyiCFO
Salvatore GogliormellaSecretary
William Trust JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$892,149
Investment Income
$32,907
Other Revenue
$2,249
Change in Net Assets
$81,208

Audited Revenue Reconciliation

Revenue per Audited Statements
$927,305
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$927,305
Total Revenue per Form 990
$927,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$846,097
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
Occupancy$333,912--$333,912
Fees for Services Other-$106,785-$106,785
Depreciation Depletion$85,893--$85,893
Insurance$59,217--$59,217
Payments to Affiliates-$55,591-$55,591
Fees for Services Management-$54,679-$54,679
Other Expenses$18,321$10,713-$10,713
Fees for Services Accounting-$10,000-$10,000
Fees for Services Legal-$9,264-$9,264
Office Expenses$260$3,103-$3,363
Total Functional Expenses$497,603$348,494$0$846,097

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$846,097
Total Expenses per Audited Statements$846,097
Total Expenses per Form 990$846,097
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 Deposits$45,601
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
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The property management is handled by dougert management, an unrelated party hired by the entity and compensated $54,679. Asset management and resident services are carried out by the sponsor, vip community services, for which the entity compensated $55,591 for accounting and other administrative services.”

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

“The form 990 is prepared by an independent accountant and reviewed by the audit committee of the vip board and distributed to the board of 445 vip for comments and approval.”

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

“The conflict of interest declarations are filled out on an annual basis and reviewed by the compliance officer and the board.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request at the management office.”

FORM 990, PART VII, SECTION A:

“Debbian fletcher-blake and frank kploanyi are officers of vip community services inc., a related organization. During the year, each of them worked 34.5 hours for vip community services inc. And affiliates and .5 hour each for the organization.”

Filing and Contact Details

Filer

Filer Name
445 Vip Hdfc
EIN
13-3680210
Phone
7185835150
Address
770 EAST 176 ST, BRONX, NY 10460

Signing Officer

Name
William M Trust Jr
Title
CEO
Phone
7185835150
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbian Fletcher-blake
Formed
1992
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena M Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Superintendent: program service expenses 0. Management and general expenses 106,785. Fundraising expenses 0. Total expenses 106,785.”

FORM 990, PART XI, LINE 2C:

“No change in auditor selection and audit oversight process from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation believes it has no uncertain tax positions as of june 30, 2020 and 2019 in accordance with accounting standards codification ("asc") topic 740, "income taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions.”

Raw XML AppendixShowing 400 of 702 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/BOYAmt037998
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt036140
IRS990/AccountsReceivableGrp/BOYAmt074167
IRS990/AccountsReceivableGrp/EOYAmt079797
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING IN THE SOUTH BRONX, NY.
IRS990/AddressChangeInd0X
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEVIN ALTER CO DOUGERT MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum07188285388
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02881 MIDDLETOWN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010461
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0435719
IRS990/CashNonInterestBearingGrp/EOYAmt0530141
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt032907
IRS990/CYOtherExpensesAmt0846097
IRS990/CYOtherRevenueAmt02249
IRS990/CYProgramServiceRevenueAmt0892149
IRS990/CYRevenuesLessExpensesAmt081208
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0846097
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0927305
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt017983
IRS990/DeferredRevenueGrp/EOYAmt028004
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt085893
IRS990/DepreciationDepletionGrp/TotalAmt085893
IRS990/Desc0TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN THE SOUTH BRONX, NY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0497603
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09264
IRS990/FeesForServicesLegalGrp/TotalAmt09264
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt054679
IRS990/FeesForServicesManagementGrp/TotalAmt054679
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0106785
IRS990/FeesForServicesOtherGrp/TotalAmt0106785
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt14.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt64.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt74.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt94.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt104.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1134.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1234.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1123425
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1236560
IRS990/Form990PartVIISectionAGrp/PersonNm0DANA COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm2JODI STURGEON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN P NERO
IRS990/Form990PartVIISectionAGrp/PersonNm4NANDA SAHA
IRS990/Form990PartVIISectionAGrp/PersonNm5PEGGY ARROYO
IRS990/Form990PartVIISectionAGrp/PersonNm6SALVATORE GOGLIORMELLA
IRS990/Form990PartVIISectionAGrp/PersonNm7SETH TOWNSEND
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVE EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM TRUST JR
IRS990/Form990PartVIISectionAGrp/PersonNm10ZENALI TIRADO
IRS990/Form990PartVIISectionAGrp/PersonNm11DEBBIAN FLETCHER-BLAKE
IRS990/Form990PartVIISectionAGrp/PersonNm12FRANK KPLOANYI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11266515
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12209890
IRS990/Form990PartVIISectionAGrp/TitleTxt0SR. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST. CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD CHAIR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0927305
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt059217
IRS990/InsuranceGrp/TotalAmt059217
IRS990/InvestmentIncomeGrp/ExclusionAmt032907
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032907
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01567809
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01378366
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01322074
IRS990/LandBldgEquipCostOrOtherBssAmt02889883
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN THE SOUTH BRONX, NY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02623699
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02623699
IRS990/NetAssetsOrFundBalancesBOYAmt0465181
IRS990/NetAssetsOrFundBalancesEOYAmt0546389
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0465181
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0546389
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0333912
IRS990/OccupancyGrp/TotalAmt0333912
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03103
IRS990/OfficeExpensesGrp/ProgramServicesAmt0260
IRS990/OfficeExpensesGrp/TotalAmt03363
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01260973
IRS990/OtherAssetsTotalGrp/EOYAmt01293882
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1PAINTING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt098359
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110713
IRS990/OtherExpensesGrp/ProgramServicesAmt018321
IRS990/OtherExpensesGrp/TotalAmt098359
IRS990/OtherExpensesGrp/TotalAmt118321
IRS990/OtherExpensesGrp/TotalAmt210713
IRS990/OtherLiabilitiesGrp/BOYAmt045601
IRS990/OtherLiabilitiesGrp/EOYAmt045601
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02249
IRS990/OtherRevenueTotalAmt02249
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt055591
IRS990/PaymentsToAffiliatesGrp/TotalAmt055591
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041237
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053939
IRS990/PrincipalOfficerNm0DEBBIAN FLETCHER-BLAKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0892149
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0892149
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt032891
IRS990/PYOtherExpensesAmt0815265
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0871237
IRS990/PYRevenuesLessExpensesAmt088863
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0815265
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0904128
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt081208
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0894398
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2019 AMOUNT: $ 2,249.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt032907
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032891
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt053545
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt065931
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0325
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0185599
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0892149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0871237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0845627
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0820162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0833685
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04262860
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt032907
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032891
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt053545
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt065931
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0185599
IRS990ScheduleA/InvestmentIncomeCYPct00.04170
IRS990ScheduleA/InvestmentIncomePYPct00.03530
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02249
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02249
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95780
IRS990ScheduleA/PublicSupportPY509Pct00.96470
IRS990ScheduleA/PublicSupportTotal509Amt04262860
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0892149
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0871237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0845627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0820162
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0833685
IRS990ScheduleA/Total509Grp/TotalAmt04262860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0927305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0904128
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0899172
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0886093
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0834010
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04450708
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01255925
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01484460
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02740385
IRS990ScheduleD/EquipmentGrp/BookValueAmt066149
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083349
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0149498
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0846097
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt045601
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1787092
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21345
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3459844
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE AND DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045601
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0927305
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01322074
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01293882
IRS990ScheduleD/TotalExpensesPerForm990Amt0846097
IRS990ScheduleD/TotalLiabilityAmt045601
IRS990ScheduleD/TotalRevenuePerForm990Amt0927305
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0927305
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0846097
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt020000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt16300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0246515
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1203590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,279,833
Liabilities
$2,733,444
Net assets
$546,389
Revenue
$927,305
Expenses
$846,097
Net income
$81,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.02$2.75$0.26$0.98$1.01$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.05$2.75$0.29$0.93$1.04$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.15$2.75$0.40$0.91$1.07$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.27$2.72$0.55$0.94$0.93$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.28$2.73$0.55$0.93$0.85$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.19$2.73$0.47$0.90$0.82$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.10$2.72$0.38$0.90$0.74$0.16
2017Detailed filing. Detailed filing data is available for this year.$2.94$2.73$0.21$0.89$0.80$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.85$2.73$0.12$0.83$0.73$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.74$2.72$0.02$0.80$0.75$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.67$2.71$0.04$0.76$0.72$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$2.74$0.08$0.77$0.82$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$2.74$0.04$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$2.74$0.10$0.74