Civic Intelligence

Council Towers I Housing Development Corporation C/O Met Council

990 • Fiscal year 2016 • EIN 13-3741272

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 20, 2017

77 Water Street 7th FloorNew York, NY 10005

(212) 453-9500

Siviq Scores

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

Liabilities / Assets

94th percentile

2.75x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • NTEE E • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

9.38x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • NTEE E • $1M-$5M nonprofits • Source year 2016

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2016 filings • NTEE E • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$336,720

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 25.8% of source-year revenue.

2016 filings • NTEE E • $1M-$5M nonprofits • Source year 2016

Asset Growth

11th percentile

-16%

Faster asset growth than 11% of similar nonprofits.

2016 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-0.2%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,452,769

Down $854,340 (-16%) from 2015

Net Assets

Down

-$7,784,259

Down $313,906 (-4.2%) from 2015

Liabilities

Down

$12,237,028

Down $540,434 (-4.2%) from 2015

Revenue

Down

$1,304,266

Down $3,172 (-0.2%) from 2015

Expenses

Up

$1,618,172

Up $46,637 (+3.0%) from 2015

Net Income

Down

-$313,906

Down $49,809 (-19%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2010: $7,606,412Liabilities 2010: $12,337,924Net Assets 2010: -$4,731,5122010Assets 2011: $6,802,144Liabilities 2011: $12,175,643Net Assets 2011: -$5,373,4992011Assets 2012: $6,258,765Liabilities 2012: $12,315,500Net Assets 2012: -$6,056,7352012Assets 2013: $5,640,420Liabilities 2013: $12,408,710Net Assets 2013: -$6,768,2902013Assets 2014: $5,309,614Liabilities 2014: $12,515,870Net Assets 2014: -$7,206,2562014Assets 2015: $5,307,109Liabilities 2015: $12,777,462Net Assets 2015: -$7,470,3532015Assets 2016: $4,452,769Liabilities 2016: $12,237,028Net Assets 2016: -$7,784,2592016Assets 2017: $4,132,601Liabilities 2017: $12,049,700Net Assets 2017: -$7,917,0992017Assets 2018: $3,677,882Liabilities 2018: $12,079,962Net Assets 2018: -$8,402,0802018Assets 2019: $3,373,508Liabilities 2019: $12,115,599Net Assets 2019: -$8,742,0912019Assets 2020: $3,554,559Liabilities 2020: $12,322,146Net Assets 2020: -$8,767,5872020Assets 2021: $3,478,195Liabilities 2021: $12,464,374Net Assets 2021: -$8,986,1792021Assets 2022: $3,626,082Liabilities 2022: $12,788,684Net Assets 2022: -$9,162,6022022Assets 2023: $3,657,124Liabilities 2023: $12,703,932Net Assets 2023: -$9,046,8082023Assets 2024: $4,378,092Liabilities 2024: $13,147,937Net Assets 2024: -$8,769,8452024

Highlighted filing

2016

Assets$4,452,769
Liabilities$12,237,028
Net Assets-$7,784,259

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,410,5722010Revenue 2011: $713,891Expenses 2011: $1,355,878Net Income 2011: -$641,9872011Expenses 2012: $1,404,9892012Revenue 2013: $718,094Expenses 2013: $1,429,649Net Income 2013: -$711,5552013Revenue 2014: $1,265,258Expenses 2014: $1,703,224Net Income 2014: -$437,9662014Revenue 2015: $1,307,438Expenses 2015: $1,571,535Net Income 2015: -$264,0972015Revenue 2016: $1,304,266Expenses 2016: $1,618,172Net Income 2016: -$313,9062016Revenue 2017: $1,312,613Expenses 2017: $1,595,647Net Income 2017: -$283,0342017Revenue 2018: $1,314,108Expenses 2018: $1,799,089Net Income 2018: -$484,9812018Revenue 2019: $1,317,909Expenses 2019: $1,657,920Net Income 2019: -$340,0112019Revenue 2020: $1,889,461Expenses 2020: $1,914,957Net Income 2020: -$25,4962020Revenue 2021: $1,840,348Expenses 2021: $2,058,940Net Income 2021: -$218,5922021Revenue 2022: $1,823,709Expenses 2022: $2,000,132Net Income 2022: -$176,4232022Revenue 2023: $2,328,969Expenses 2023: $2,213,175Net Income 2023: $115,7942023Revenue 2024: $2,506,959Expenses 2024: $2,229,996Net Income 2024: $276,9632024

Highlighted filing

2016

Revenue$1,304,266
Expenses$1,618,172
Net Income-$313,906
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 20, 2017
Return Version
2016v3.0
Gross Receipts
$1,304,266
Mission and Program Overview

Mission

To provide housing assistance to senior citizens and low income individuals.

To provide subsidized apartment rentals for low income senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,177,665$3,714,257▼ $463,408
Savings and Temporary Cash Investments$520,413$118,328▼ $402,085
Prepaid Expenses and Deferred Charges$25,488$99,544▲ $74,056
Accounts Receivable$11,423$8,447▼ $2,976
Cash and Non-Interest-Bearing Accounts$525$525→ $0
Total Assets$5,307,109$4,452,769▼ $854,340
Other Assets Total$571,595$511,668▼ $59,927
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,038,314$12,038,314→ $0
Accounts Payable and Accrued Expenses$704,160$167,209▼ $536,951
Other Liabilities$27,847$29,308▲ $1,461
Deferred Revenue$7,141$2,197▼ $4,944
Total Liabilities$12,777,462$12,237,028▼ $540,434
Net Assets / Fund Balance
Unrestricted Net Assets$-7,470,353$-7,784,259▼ $313,906
Total Net Assets Fund Balance$-7,470,353$-7,784,259▼ $313,906
Total Liabilities and Net Assets / Fund Balance$5,307,109$4,452,769▼ $854,340

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,639,225$9,305,029$12,944,254
Other Land Buildings$13,032$181,755$194,787
Land$62,000-$62,000
Other Assets Org$388--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David M FrankelOutgoing Secretary/CEO$8,519$8,519

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,300,084
Investment Income
$1,077
Other Revenue
$3,105
Change in Net Assets
$-313,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,304,266
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,304,266
Total Revenue per Form 990
$1,304,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,618,172
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$480,103--$480,103
Fees for Services Management$406,897--$406,897
Occupancy$389,312--$389,312
Fees for Services Other$55,974--$55,974
Office Expenses$50,692--$50,692
Insurance$49,708--$49,708
Fees for Services Accounting$29,760$16,050-$45,810
Fees for Services Legal$12,376--$12,376
Other Expenses$8,978--$8,978
Total Functional Expenses$1,602,122$16,050$0$1,618,172

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,618,172
Total Expenses per Audited Statements$1,618,172
Total Expenses per Form 990$1,618,172
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 Deposits Held in Trust$29,308
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 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

DURING 2016, THE ROLE OF CFO WAS OUTSOURCED TO GR CONSULTING LLC. The consulting fees for those services were PAID by the parent organization METROPOLITAN NEW YORK COORDINATING COUNCIL ON JEWISH POVERTY (EIN 13-2738818) and not the filing organization. Therefore, all the details of this arrangement are described on the parent's tax return.

Form 990, Part VI, Section A, line 8B

THE ORGANIZATION DID NOT HAVE ANY committee MEETINGS DURING THE YEAR.

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

The 990 is prepared by an independent accountant. It is then reviewed by the organization's governing body. After the review, form 990 is filed with the irs.

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

All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members.

Form 990, Part VI, Section C, line 19

THE DOCUMENTS ARE AVAILABLE upon REQUEST

Filing and Contact Details

Filer

Filer Name
Council Towers I Housing Development
EIN
13-3741272
Phone
2124539500
Address
77 Water Street 7th Floor, New York, NY 10005

Signing Officer

Name
Alan Schoor
Title
CEO
Phone
2124539500
Signed
2017-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Schoor
Formed
1993
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the IRS, tax years since 2013 remain open.

Raw XML AppendixShowing 400 of 847 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/BOYAmt0704160
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0167209
IRS990/AccountsReceivableGrp/BOYAmt011423
IRS990/AccountsReceivableGrp/EOYAmt08447
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SUBSIDIZED APARTMENT RENTALS FOR LOW INCOME SENIOR CITIZENS.
IRS990/AddressChangeInd0X
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATTHEW LOCURTO
IRS990/BooksInCareOfDetail/PhoneNum02124539500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 broadway 7th floor
IRS990/BooksInCareOfDetail/USAddress/CityNm0new york
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010271
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0525
IRS990/CashNonInterestBearingGrp/EOYAmt0525
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/CYInvestmentIncomeAmt01077
IRS990/CYOtherExpensesAmt01618172
IRS990/CYOtherRevenueAmt03105
IRS990/CYProgramServiceRevenueAmt01300084
IRS990/CYRevenuesLessExpensesAmt0-313906
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01618172
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01304266
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07141
IRS990/DeferredRevenueGrp/EOYAmt02197
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0480103
IRS990/DepreciationDepletionGrp/TotalAmt0480103
IRS990/Desc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01602122
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016050
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt029760
IRS990/FeesForServicesAccountingGrp/TotalAmt045810
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt012376
IRS990/FeesForServicesLegalGrp/TotalAmt012376
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0406897
IRS990/FeesForServicesManagementGrp/TotalAmt0406897
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt055974
IRS990/FeesForServicesOtherGrp/TotalAmt055974
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt018.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt246.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt46.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt746.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt829.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt946.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2247
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt753255
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt932505
IRS990/Form990PartVIISectionAGrp/PersonNm0abraham biderman
IRS990/Form990PartVIISectionAGrp/PersonNm1benjamin lopata
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID M FRANKEL
IRS990/Form990PartVIISectionAGrp/PersonNm3Gerald E Feldhammer
IRS990/Form990PartVIISectionAGrp/PersonNm4MENACHEM LUBINSKY
IRS990/Form990PartVIISectionAGrp/PersonNm5Scott Weiner
IRS990/Form990PartVIISectionAGrp/PersonNm6Stacey Scheinberg
IRS990/Form990PartVIISectionAGrp/PersonNm7Alan Schoor
IRS990/Form990PartVIISectionAGrp/PersonNm8George Rush
IRS990/Form990PartVIISectionAGrp/PersonNm9Matthew Locurto
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt28272
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7283465
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9198929
IRS990/Form990PartVIISectionAGrp/TitleTxt0director
IRS990/Form990PartVIISectionAGrp/TitleTxt1treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2OUTGOING SECRETARY/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8Outgoing contracted CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9cfo
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01304266
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt049708
IRS990/InsuranceGrp/TotalAmt049708
IRS990/InvestmentIncomeGrp/ExclusionAmt01077
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01077
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09486784
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04177665
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03714257
IRS990/LandBldgEquipCostOrOtherBssAmt013201041
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012038314
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012038314
IRS990/NetAssetsOrFundBalancesBOYAmt0-7470353
IRS990/NetAssetsOrFundBalancesEOYAmt0-7784259
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0389312
IRS990/OccupancyGrp/TotalAmt0389312
IRS990/OfficeExpensesGrp/ProgramServicesAmt050692
IRS990/OfficeExpensesGrp/TotalAmt050692
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0571595
IRS990/OtherAssetsTotalGrp/EOYAmt0511668
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SECURITY SERVICES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2permits
IRS990/OtherExpensesGrp/ProgramServicesAmt0105174
IRS990/OtherExpensesGrp/ProgramServicesAmt113148
IRS990/OtherExpensesGrp/ProgramServicesAmt28978
IRS990/OtherExpensesGrp/TotalAmt0105174
IRS990/OtherExpensesGrp/TotalAmt113148
IRS990/OtherExpensesGrp/TotalAmt28978
IRS990/OtherLiabilitiesGrp/BOYAmt027847
IRS990/OtherLiabilitiesGrp/EOYAmt029308
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03105
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03105
IRS990/OtherRevenueTotalAmt03105
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025488
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt099544
IRS990/PrincipalOfficerNm0Alan Schoor
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01300084
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01300084
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01397
IRS990/PYOtherExpensesAmt01571535
IRS990/PYOtherRevenueAmt03105
IRS990/PYProgramServiceRevenueAmt01302936
IRS990/PYRevenuesLessExpensesAmt0-264097
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01571535
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01307438
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-313906
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01303189
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0520413
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0118328
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY VENDING - 2012 Amount: $ 3,105. 2013 Amount: $ 3,105. 2014 Amount: $ 3,105. 2015 Amount: $ 3,105. 2016 Amount: $ 3,105. Misc revenue - 2012 Amount: $ 3,029.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01397
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01110
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01588
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02243
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01300084
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01302936
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01261043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0713401
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0713376
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05290840
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01588
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07415
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03105
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03105
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03105
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03105
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06134
IRS990ScheduleA/OtherIncome509Grp/TotalAmt018554
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99510
IRS990ScheduleA/PublicSupportPY509Pct00.99400
IRS990ScheduleA/PublicSupportTotal509Amt05290840
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01300084
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01302936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01261043
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0713401
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0713376
IRS990ScheduleA/Total509Grp/TotalAmt05290840
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01304266
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01307438
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01265258
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0718094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0721753
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05316809
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03639225
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09305029
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012944254
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01618172
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt062000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt062000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029308
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1303011
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2178961
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3388
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1reserve for replacements
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2residual receipts reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Tax Escrow
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013032
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0181755
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0194787
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01304266
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the IRS, tax years since 2013 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03714257
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0511668
IRS990ScheduleD/TotalExpensesPerForm990Amt01618172
IRS990ScheduleD/TotalLiabilityAmt029308
IRS990ScheduleD/TotalRevenuePerForm990Amt01304266
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01304266
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01618172
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/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0282736
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1198757
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05472
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt047783
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt132505
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0729
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1172
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Alan Schoor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Matthew Locurto
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1cfo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0336720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1231434
IRS990ScheduleJ/SeverancePaymentInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$13.1$8.77$2.51$2.23$0.28
2023Detailed filing. Detailed filing data is available for this year.$3.66$12.7$9.05$2.33$2.21$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$12.8$9.16$1.82$2.00$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.48$12.5$8.99$1.84$2.06$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.55$12.3$8.77$1.89$1.91$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$12.1$8.74$1.32$1.66$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$12.1$8.40$1.31$1.80$0.48
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$12.0$7.92$1.31$1.60$0.28
2016Detailed filing. Detailed filing data is available for this year.$4.45$12.2$7.78$1.30$1.62$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.31$12.8$7.47$1.31$1.57$0.26
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.31$12.5$7.21$1.27$1.70$0.44
2013Detailed filing. Detailed filing data is available for this year.$5.64$12.4$6.77$0.72$1.43$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$12.3$6.06$1.40
2011Summary only. Only limited summary data is available for this year.$6.80$12.2$5.37$0.71$1.36$0.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.61$12.3$4.73$1.41
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits