Civic Intelligence

445V Vip Housing Development Fund Corporation

990 • Fiscal year 2021 • EIN 13-3680210

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 26, 2022

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

59th percentile

0.83x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

2.90x

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

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Net Margin

58th percentile

0.8%

Higher net margin than 58% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$327,837

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Asset Growth

58th percentile

-0.3%

Faster asset growth than 58% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

0.9%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$3,270,996

Down $8,837 (-0.3%) from 2020

Net Assets

Up

$553,684

Up $7,295 (+1.3%) from 2020

Liabilities

Down

$2,717,312

Down $16,132 (-0.6%) from 2020

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin58th percentile

Revenue

Up

$935,600

Up $8,295 (+0.9%) from 2020

Expenses

Up

$928,305

Up $82,208 (+9.7%) from 2020

Net Income

Down

$7,295

Down $73,913 (-91%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth58th 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

2021

Assets$3,270,996
Liabilities$2,717,312
Net Assets$553,684
Open 2021 Filing

Operations Trend

Revenue Growth43rd 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

2021

Revenue$935,600
Expenses$928,305
Net Income$7,295
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 26, 2022
Return Version
2020v4.2
Gross Receipts
$935,600
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$1,322,074$1,244,791▼ $77,283
Cash and Non-Interest-Bearing Accounts$530,141$1,045,208▲ $515,067
Accounts Receivable$79,797$77,751▼ $2,046
Prepaid Expenses and Deferred Charges$53,939$59,627▲ $5,688
Total Assets$3,279,833$3,270,996▼ $8,837
Other Assets Total$1,293,882$843,619▼ $450,263
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,623,699$2,623,699→ $0
Other Liabilities$45,601$45,601→ $0
Deferred Revenue$28,004$28,503▲ $499
Accounts Payable and Accrued Expenses$36,140$19,509▼ $16,631
Total Liabilities$2,733,444$2,717,312▼ $16,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$546,389$553,684▲ $7,295
Total Net Assets Fund Balance$546,389$553,684▲ $7,295
Total Liabilities and Net Assets / Fund Balance$3,279,833$3,270,996▼ $8,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,189,678$1,553,106$2,742,784
Equipment$55,112$104,907$160,019
Land$1-$1
Other Assets Org$692,081--
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Zenali TiradoBoard Chair
Steve EdwardsBoard Chair (outgoing)
Debbian Fletcher-blakePresident/CEO
John P NeroVice Chair
Jodi SturgeonDirector
Seth TownsendDirector
Elizabeth OwenDirector (outgoing)
Peggy ArroyoDirector (outgoing)
Frank KploanyiCFO
Salvatore GogliormellaSecretary
William Trust JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$899,002
Investment Income
$30,168
Other Revenue
$6,430
Change in Net Assets
$7,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$935,600
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-14,209
Total Revenue per Audited Statements
$921,391
Total Revenue per Form 990
$935,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$928,305
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$340,417--$340,417
Fees for Services Other-$110,607-$110,607
Depreciation Depletion$90,204--$90,204
Insurance$73,815--$73,815
Payments to Affiliates-$55,591-$55,591
Fees for Services Management-$50,837-$50,837
Fees for Services Accounting-$10,000-$10,000
Other Expenses$12,400$9,954-$9,954
Fees for Services Legal-$7,663-$7,663
Office Expenses$918$2,891-$3,809
Total Functional Expenses$531,963$396,342$0$928,305

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$928,305
Expenses per Audited Statements$914,096
Total Expenses per Audited Statements$914,096
Expenses Not Reported on Financial Statements$14,209
Other Expense Adjustments$14,209
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 $50,837. Asset management and resident services are carried out by the sponsor, vip community services, for which the entity compensated $10,000 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 prior to filing with irs.”

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 of vip.”

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
Debbian Fletcher-blake
Title
CEO
Phone
7185835150
Signed
2022-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbian Fletcher-blake
Formed
1992
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

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 110,607. Fundraising expenses 0. Total expenses 110,607.”

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, 2021 and 2020 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.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“VACANCY LOSS -14,209.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“VACANCY LOSS 14,209.”

Raw XML AppendixShowing 400 of 734 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/BOYAmt036140
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019509
IRS990/AccountsReceivableGrp/BOYAmt079797
IRS990/AccountsReceivableGrp/EOYAmt077751
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING IN THE SOUTH BRONX, NY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEVIN ALTER CO DOUGERT MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum07185835150
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/BOYAmt0530141
IRS990/CashNonInterestBearingGrp/EOYAmt01045208
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/CYInvestmentIncomeAmt030168
IRS990/CYOtherExpensesAmt0928305
IRS990/CYOtherRevenueAmt06430
IRS990/CYProgramServiceRevenueAmt0899002
IRS990/CYRevenuesLessExpensesAmt07295
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0928305
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0935600
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt028004
IRS990/DeferredRevenueGrp/EOYAmt028503
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt090204
IRS990/DepreciationDepletionGrp/TotalAmt090204
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/ExpenseAmt0531963
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07663
IRS990/FeesForServicesLegalGrp/TotalAmt07663
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt050837
IRS990/FeesForServicesManagementGrp/TotalAmt050837
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0110607
IRS990/FeesForServicesOtherGrp/TotalAmt0110607
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt934.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1034.50
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/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/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/OtherCompensationAmt935799
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1037224
IRS990/Form990PartVIISectionAGrp/PersonNm0ELIZABETH OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm1JODI STURGEON
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN P NERO
IRS990/Form990PartVIISectionAGrp/PersonNm3PEGGY ARROYO
IRS990/Form990PartVIISectionAGrp/PersonNm4SALVATORE GOGLIORMELLA
IRS990/Form990PartVIISectionAGrp/PersonNm5SETH TOWNSEND
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM TRUST JR
IRS990/Form990PartVIISectionAGrp/PersonNm8ZENALI TIRADO
IRS990/Form990PartVIISectionAGrp/PersonNm9DEBBIAN FLETCHER-BLAKE
IRS990/Form990PartVIISectionAGrp/PersonNm10FRANK 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/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/ReportableCompFromRltdOrgAmt9292038
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10230067
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD CHAIR (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0935600
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt073815
IRS990/InsuranceGrp/TotalAmt073815
IRS990/InvestmentIncomeGrp/ExclusionAmt030168
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030168
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01658013
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01322074
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01244791
IRS990/LandBldgEquipCostOrOtherBssAmt02902804
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/NetAssetsOrFundBalancesBOYAmt0546389
IRS990/NetAssetsOrFundBalancesEOYAmt0553684
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0546389
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0553684
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0340417
IRS990/OccupancyGrp/TotalAmt0340417
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02891
IRS990/OfficeExpensesGrp/ProgramServicesAmt0918
IRS990/OfficeExpensesGrp/TotalAmt03809
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01293882
IRS990/OtherAssetsTotalGrp/EOYAmt0843619
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1VACANCY LOSS
IRS990/OtherExpensesGrp/Desc2PAINTING
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0148799
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19954
IRS990/OtherExpensesGrp/ProgramServicesAmt014209
IRS990/OtherExpensesGrp/ProgramServicesAmt112400
IRS990/OtherExpensesGrp/TotalAmt0148799
IRS990/OtherExpensesGrp/TotalAmt114209
IRS990/OtherExpensesGrp/TotalAmt212400
IRS990/OtherExpensesGrp/TotalAmt39954
IRS990/OtherLiabilitiesGrp/BOYAmt045601
IRS990/OtherLiabilitiesGrp/EOYAmt045601
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06430
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06430
IRS990/OtherRevenueTotalAmt06430
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt055591
IRS990/PaymentsToAffiliatesGrp/TotalAmt055591
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt053939
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt059627
IRS990/PrincipalOfficerNm0DEBBIAN FLETCHER-BLAKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0899002
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0899002
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt032907
IRS990/PYOtherExpensesAmt0846097
IRS990/PYOtherRevenueAmt02249
IRS990/PYProgramServiceRevenueAmt0892149
IRS990/PYRevenuesLessExpensesAmt081208
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0846097
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0927305
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt07295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0905432
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE - 2019 AMOUNT: $ 2,249. 2020 AMOUNT: $ 6,430.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030168
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032907
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt032891
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt053545
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt065931
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0215442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0899002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0892149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0871237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0845627
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0820162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04328177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032907
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt032891
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt053545
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt065931
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0215442
IRS990ScheduleA/InvestmentIncomeCYPct00.04730
IRS990ScheduleA/InvestmentIncomePYPct00.04170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06430
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02249
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08679
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95080
IRS990ScheduleA/PublicSupportPY509Pct00.95780
IRS990ScheduleA/PublicSupportTotal509Amt04328177
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0899002
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0892149
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0871237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0845627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0820162
IRS990ScheduleA/Total509Grp/TotalAmt04328177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0935600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0927305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0904128
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0899172
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0886093
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04552298
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01189678
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01553106
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02742784
IRS990ScheduleD/EquipmentGrp/BookValueAmt055112
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0104907
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0160019
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt014209
IRS990ScheduleD/ExpensesSubtotalAmt0914096
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt045601
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1104592
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21345
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3692081
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE AND DEPOSITS
IRS990ScheduleD/OtherExpensesNotIncludedAmt014209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt045601
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0-14209
IRS990ScheduleD/RevenueNotReportedAmt0-14209
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0935600
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020 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/ExplanationTxt1VACANCY LOSS -14,209.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2VACANCY LOSS 14,209.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01244791
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0843619
IRS990ScheduleD/TotalExpensesPerForm990Amt0928305
IRS990ScheduleD/TotalLiabilityAmt045601
IRS990ScheduleD/TotalRevenuePerForm990Amt0935600
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0921391
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0914096
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/BonusRelatedOrganizationsAmt035000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt118900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0257038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1211167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,270,996
Liabilities
$2,717,312
Net assets
$553,684
Revenue
$935,600
Expenses
$928,305
Net income
$7,295
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