Civic Intelligence

Surf Gate Housing Development Fund

EIN 13-3705897 • New York, NY

120 Broadway 7th FloorNew York, NY 10271
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.26x

Higher debt load relative to assets than 97% of similar nonprofits.

$1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

14.95x

Higher debt load relative to revenue than 99% of similar nonprofits.

$1M-$5M nonprofits • Source year 2014

Net Margin

9th percentile

-54%

Higher net margin than 9% of similar nonprofits.

$1M-$5M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$1M-$5M nonprofits • Source year 2014

Asset Growth

27th percentile

-3.1%

Faster asset growth than 27% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$4,291,368

Down $135,990 (-3.1%) from 2013

Liabilities

Up

$5,416,196

Up $60,106 (+1.1%) from 2013

Net Assets

Down

-$1,124,828

Down $196,096 (-21%) from 2013

Revenue

Down

$362,202

Down $64,782 (-15%) from 2013

Expenses

Down

$558,298

Down $7,976 (-1.4%) from 2013

Net Income

Down

-$196,096

Down $56,806 (-41%) from 2013

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2013: $4,427,358Liabilities 2013: $5,356,090Net Assets 2013: -$928,7322013Assets 2014: $4,291,368Liabilities 2014: $5,416,196Net Assets 2014: -$1,124,8282014

Highlighted filing

2014

Assets$4,291,368
Liabilities$5,416,196
Net Assets-$1,124,828

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $426,984Expenses 2013: $566,274Net Income 2013: -$139,2902013Revenue 2014: $362,202Expenses 2014: $558,298Net Income 2014: -$196,0962014

Highlighted filing

2014

Revenue$362,202
Expenses$558,298
Net Income-$196,096

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 14, 2015
Return Version
2014v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ABRAHAM BIDERMANPresident-$0--
BENJAMIN LOPATATreasurer-$0--
DAVID M FRANKELVice President/CEO-$0--
MENACHEM LUBINSKYPresident-$0--
PETER BRESTSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Surf Gate Housing Development Fund
EIN
13-3705897
Phone
2124539500
Address
120 BROADWAY 7TH FLOOR, NEW YORK, NY 10271

Signing Officer

Name
Alan Schoor
Title
Executive Director
Phone
2124539500
Signed
2015-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
1212 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
Preparer
Thomas Lanning
Phone
2122970400
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IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/CurrentYearAmt04291368
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/TotalAmt018078765
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/Year1Amt04427358
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/Year2Amt04439985
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsGrp/Year3Amt04920054
IRS990PF/PrivateOperatingFoundationsGrp/TotalAssetsSect4942j3BiGrp/TotalAmt00
IRS990PF/PrivateOperatingFoundationsGrp/TotalSupportGrp/TotalAmt00
IRS990PF/PrivateOperatingFoundationsGrp/TwoThirdsMinimumInvstRetGrp/TotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt047192
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt047192
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt00
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt047192
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt011A
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt211C
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0LAUNDRY AND VENDING INCOME RELATING TO EXEMPT BUILDING RENTAL
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt1OTHER INCOME RELATING TO EXEMPT BUILDING RENTAL
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt2INSURANCE RECOVERY RELATING TO EXEMPT BUILDING RENTAL
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
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IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0JOSEPH DEMARTINE
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0120 BROADWAY 7TH FLOOR
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0NEW YORK
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd010271
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum02124539500
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd00
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.METCOUNCIL.ORG
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt01589
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt1350
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0KLAPPER AND FASS
LegalFeesSchedule/LegalFeesGrp/CategoryTxt1MARCUS AND POLLACK
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt00
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt10
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt01589
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt1350
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt00
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt10
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OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt120233
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt2400683
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt3861
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OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt118033
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OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt3861
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OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt3861
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt42305
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OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt170809
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt30
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6VIOLATIONS AND FINES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt243520
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt3218
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt41414
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt540
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt62000
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt08864
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt170809
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt243520
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3218
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt41414
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt540
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt62000
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt01800
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt18007
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt28958
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt31992
OtherIncomeSchedule2/OtherIncomeDetail/Desc0LAUNDRY AND VENDING INCOME
OtherIncomeSchedule2/OtherIncomeDetail/Desc1OTHER REVENUE
OtherIncomeSchedule2/OtherIncomeDetail/Desc2INSURANCE RECOVERY
OtherIncomeSchedule2/OtherIncomeDetail/Desc3MISC TAXES, LICENSES INCE
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt01800
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt18007
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt28958
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt31992
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0194838
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt111773
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt215342
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0DUE TO RELATED PARTIES
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc1SECURITY DEPOSITS
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc2PREPAID RENT
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0285105
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt111313
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt24140
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt0187363
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt14148
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt25000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt0187363
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt14148
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt25000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0METROPOLITAN COUNCIL FOR JEWISH POVERTY

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