Civic Intelligence

Mt. Pleasant Housing Development Fund Co Inc.

990 • Fiscal year 2016 • EIN 13-3745063

Dec 01, 2015 to Nov 30, 2016 • Filed on Jul 13, 2017

Organization ProfileN/A
421 East 116th StreetNew York, NY 10029

(212) 410-3153

Siviq Scores

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

Liabilities / Assets

99th percentile

2.83x

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

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

Liabilities / Revenue

81st percentile

10.42x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

15th percentile

-49%

Higher net margin than 15% of similar nonprofits.

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

Top Officer Pay

75th percentile

$160,705

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

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

Asset Growth

11th percentile

-8.7%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

23rd percentile

-3.6%

Faster revenue growth than 23% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$2,344,056

Down $223,005 (-8.7%) from 2015

Net Assets

Down

-$4,289,318

Down $310,658 (-7.8%) from 2015

Liabilities

Up

$6,633,374

Up $87,653 (+1.3%) from 2015

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin15th percentile

Revenue

Down

$636,512

Down $23,538 (-3.6%) from 2015

Expenses

Up

$947,170

Up $108,530 (+13%) from 2015

Net Income

Down

-$310,658

Down $132,068 (-74%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $3,221,440Liabilities 2011: $6,696,107Net Assets 2011: -$3,474,6672011Assets 2012: $3,142,285Liabilities 2012: $6,704,856Net Assets 2012: -$3,562,5712012Assets 2014: $2,743,604Liabilities 2014: $6,543,674Net Assets 2014: -$3,800,0702014Assets 2015: $2,567,061Liabilities 2015: $6,545,721Net Assets 2015: -$3,978,6602015Assets 2016: $2,344,056Liabilities 2016: $6,633,374Net Assets 2016: -$4,289,3182016Assets 2017: $2,265,764Liabilities 2017: $6,934,222Net Assets 2017: -$4,668,4582017Assets 2018: $1,876,804Liabilities 2018: $6,755,964Net Assets 2018: -$4,879,1602018Assets 2019: $1,754,847Liabilities 2019: $7,062,071Net Assets 2019: -$5,307,2242019Assets 2020: $2,404,485Liabilities 2020: $7,531,812Net Assets 2020: -$5,127,3272020Assets 2021: $1,655,355Liabilities 2021: $6,716,873Net Assets 2021: -$5,061,5182021Assets 2022: $1,807,812Liabilities 2022: $7,062,131Net Assets 2022: -$5,254,3192022Assets 2023: $1,471,555Liabilities 2023: $7,323,915Net Assets 2023: -$5,852,3602023Assets 2024: $1,411,307Liabilities 2024: $7,321,666Net Assets 2024: -$5,910,3592024

Highlighted filing

2016

Assets$2,344,056
Liabilities$6,633,374
Net Assets-$4,289,318
Open 2016 Filing

Operations Trend

Revenue Growth23rd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $601,223Expenses 2011: $777,843Net Income 2011: -$176,6202011Revenue 2012: $682,814Expenses 2012: $770,718Net Income 2012: -$87,9042012Revenue 2014: $675,579Expenses 2014: $812,944Net Income 2014: -$137,3652014Revenue 2015: $660,050Expenses 2015: $838,640Net Income 2015: -$178,5902015Revenue 2016: $636,512Expenses 2016: $947,170Net Income 2016: -$310,6582016Revenue 2017: $824,981Expenses 2017: $879,605Net Income 2017: -$54,6242017Revenue 2018: $1,022,380Expenses 2018: $1,233,082Net Income 2018: -$210,7022018Revenue 2019: $1,022,337Expenses 2019: $1,450,401Net Income 2019: -$428,0642019Revenue 2020: $1,594,318Expenses 2020: $1,414,421Net Income 2020: $179,8972020Revenue 2021: $1,491,829Expenses 2021: $1,426,020Net Income 2021: $65,8092021Revenue 2022: $1,228,054Expenses 2022: $1,420,855Net Income 2022: -$192,8012022Revenue 2023: $1,202,411Expenses 2023: $1,612,900Net Income 2023: -$410,4892023Revenue 2024: $1,279,809Expenses 2024: $1,388,076Net Income 2024: -$108,2672024

Highlighted filing

2016

Revenue$636,512
Expenses$947,170
Net Income-$310,658
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
Jul 13, 2017
Return Version
2015v3.0
Gross Receipts
$636,512
Mission and Program Overview

Mission

To provide clean, affordable, safe housing for senior citizens in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,108,586$1,876,774▼ $231,812
Accounts Receivable$6,773$23,694▲ $16,921
Prepaid Expenses and Deferred Charges$37,773$10,614▼ $27,159
Cash and Non-Interest-Bearing Accounts$53,948$930▼ $53,018
Total Assets$2,567,061$2,344,056▼ $223,005
Other Assets Total$359,981$432,044▲ $72,063
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,236,300$6,416,819▲ $180,519
Other Liabilities$305,286$162,698▼ $142,588
Accounts Payable and Accrued Expenses$1,243$51,753▲ $50,510
Deferred Revenue$2,892$2,104▼ $788
Total Liabilities$6,545,721$6,633,374▲ $87,653
Net Assets / Fund Balance
Unrestricted Net Assets$-3,978,660$-4,289,318▼ $310,658
Total Net Assets Fund Balance$-3,978,660$-4,289,318▼ $310,658
Total Liabilities and Net Assets / Fund Balance$2,567,061$2,344,056▼ $223,005

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,838,127$4,357,919$6,196,046
Equipment$7,147$122,506$129,653
Other Land Buildings$0$35,716$35,716
Land$31,500-$31,500
Other Assets Org$407,321--
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
John WarrenCHAIRman
Christopher CirilloEXECUTIVE DIRECTOR/PRESIDEnt
Rocco PapandreaVICE CHAIRman
Brenda J BrownDirectors
Kent LanglossDirectors
Kristina WiigDirectors
Leticia GotayDirectors
Margaret J DavinoDirectors
Patricia FrancisDirectors
peter handalDirectors
Father NEIL J O'CONNELLoutgoing directior
James Cameronoutgoing directior
Nadia DrewSecretary
Kristen SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$635,659
Investment Income
$853
Other Revenue
$0
Change in Net Assets
$-310,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$636,512
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$636,512
Total Revenue per Form 990
$636,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$947,170
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
Fees for Services Management$264,477--$264,477
Depreciation Depletion$231,812--$231,812
Occupancy$172,407--$172,407
Insurance$54,814--$54,814
Office Expenses$33,948--$33,948
Fees for Services Other$15,591--$15,591
Fees for Services Accounting$14,220--$14,220
Other Expenses$10,800--$10,800
Fees for Services Legal$420--$420
Total Functional Expenses$947,170$0$0$947,170

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$947,170
Total Expenses per Audited Statements$947,170
Total Expenses per Form 990$947,170
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
Due to Related Party$149,400
Tenant Deposits Held in Trust$13,298
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“the organization delegates management duties to Lott CDC and The Wavecrest Management Team, Ltd.”

Form 990, Part VI, Section B, line 11

“A copy of the organziations 990 is provided to management for review and comments before filing.”

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

“the organization adopted a conflict of interest policy that required for all board members and officers to annually disclose and actual or potential conflicts of interest as they arise.”

Form 990, Part VI, Section B, line 15

“compensation is determined by a related organization using the following method: THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT AND EXECUTIVE DIRECTOR IS DETERMINED BY AN EXECUTIVE COMMITTEE. TO ENSURE COMPETITIVENESS, WAGES ARE COMPARED TO OTHER AFFORDABLE HOUSING ORGANIZATIONS, BOTH FOR- AND NOT-FOR-PROFIT, OR THE LOCAL MARKET FOR POSITIONS APPLICABLE TO A BROADER COMPETITIVE MARKET.”

Form 990, Part VI, Section C, line 19

“all documents are available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Mt Pleasant Housing Development Fund
EIN
13-3745063
Phone
2124103153
Address
421 EAST 116TH STREET, NEW YORK, NY 10029

Signing Officer

Name
Christopher Cirillo
Title
executive director/president
Phone
2124103153
Signed
2017-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Cirillo
Formed
1995
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
4 BECKER FARM ROAD, ROSELAND, NJ 07068
Preparer
Thomas Lanning
Phone
9732283500
Supplemental Narrative

Additional Explanations

FORM 990 PART XII, LINE 2C:

“Oversight, review and selection process has not changed from prior year.”

Financial Statement Notes

Part X, Line 2:

“The Corporation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the years ended November 30, 2016 and 2015. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, no provision for income taxes has been included in the accompanying financial statements and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since ending on or after November 30, 2013 remain open.”

Raw XML AppendixShowing 400 of 762 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/BOYAmt01243
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt051753
IRS990/AccountsReceivableGrp/BOYAmt06773
IRS990/AccountsReceivableGrp/EOYAmt023694
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE CLEAN, AFFORDABLE, SAFE HOUSING FOR SENIOR CITIZENS IN THE LOCAL COMMUNITY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTOPHER CIRILLO
IRS990/BooksInCareOfDetail/PhoneNum02124103153
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0421 East 116 th street
IRS990/BooksInCareOfDetail/USAddress/CityNm0new york
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010029
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt053948
IRS990/CashNonInterestBearingGrp/EOYAmt0930
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0853
IRS990/CYOtherExpensesAmt0947170
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0635659
IRS990/CYRevenuesLessExpensesAmt0-310658
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0947170
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0636512
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02892
IRS990/DeferredRevenueGrp/EOYAmt02104
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0231812
IRS990/DepreciationDepletionGrp/TotalAmt0231812
IRS990/Desc0THE CORPORATION RENTS AFFORDABLE APARTMENTS TO SENIOR CITIZENS, WHOSE RENTS ARE SUBSIDIZED BY SECTION 8 PAYMENTS FROM HUD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0947170
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt014220
IRS990/FeesForServicesAccountingGrp/TotalAmt014220
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0420
IRS990/FeesForServicesLegalGrp/TotalAmt0420
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0264477
IRS990/FeesForServicesManagementGrp/TotalAmt0264477
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015591
IRS990/FeesForServicesOtherGrp/TotalAmt015591
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/AverageHoursPerWeekRltdOrgRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt114.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt124.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1355.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
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/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1319094
IRS990/Form990PartVIISectionAGrp/PersonNm0Brenda J Brown
IRS990/Form990PartVIISectionAGrp/PersonNm1Father NEIL J O'CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES CAMERON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm4KENT LANGLOSS
IRS990/Form990PartVIISectionAGrp/PersonNm5KRISTEN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6KRISTINA WIIG
IRS990/Form990PartVIISectionAGrp/PersonNm7LETICIA GOTAY
IRS990/Form990PartVIISectionAGrp/PersonNm8MARGARET J DAVINO
IRS990/Form990PartVIISectionAGrp/PersonNm9NADIA DREW
IRS990/Form990PartVIISectionAGrp/PersonNm10PATRICIA FRANCIS
IRS990/Form990PartVIISectionAGrp/PersonNm11peter handal
IRS990/Form990PartVIISectionAGrp/PersonNm12ROCCO PAPANDREA
IRS990/Form990PartVIISectionAGrp/PersonNm13CHRISTOPHER CIRILLO
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/ReportableCompFromOrgAmt130
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13141611
IRS990/Form990PartVIISectionAGrp/TitleTxt0Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt1outgoing directior
IRS990/Form990PartVIISectionAGrp/TitleTxt2outgoing directior
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt7Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt8Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt11Directors
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIRman
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR/PRESIDEnt
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0636512
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt054814
IRS990/InsuranceGrp/TotalAmt054814
IRS990/InvestmentIncomeGrp/ExclusionAmt0853
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0853
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04516141
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02108586
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01876774
IRS990/LandBldgEquipCostOrOtherBssAmt06392915
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE CLEAN, AFFORDABLE, SAFE HOUSING FOR SENIOR CITIZENS IN THE LOCAL COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06236300
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06416819
IRS990/NetAssetsOrFundBalancesBOYAmt0-3978660
IRS990/NetAssetsOrFundBalancesEOYAmt0-4289318
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0172407
IRS990/OccupancyGrp/TotalAmt0172407
IRS990/OfficeExpensesGrp/ProgramServicesAmt033948
IRS990/OfficeExpensesGrp/TotalAmt033948
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0359981
IRS990/OtherAssetsTotalGrp/EOYAmt0432044
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS OPER. & M
IRS990/OtherExpensesGrp/Desc1MISC. TAXES, LICENSES,
IRS990/OtherExpensesGrp/Desc2HEATING/COOLING REPAIRS
IRS990/OtherExpensesGrp/Desc3OPERATING AND MAINT. RE
IRS990/OtherExpensesGrp/ProgramServicesAmt064324
IRS990/OtherExpensesGrp/ProgramServicesAmt145582
IRS990/OtherExpensesGrp/ProgramServicesAmt238775
IRS990/OtherExpensesGrp/ProgramServicesAmt310800
IRS990/OtherExpensesGrp/TotalAmt064324
IRS990/OtherExpensesGrp/TotalAmt145582
IRS990/OtherExpensesGrp/TotalAmt238775
IRS990/OtherExpensesGrp/TotalAmt310800
IRS990/OtherLiabilitiesGrp/BOYAmt0305286
IRS990/OtherLiabilitiesGrp/EOYAmt0162698
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037773
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010614
IRS990/PrincipalOfficerNm0CHRISTOPHER CIRILLO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1Tenant Charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0635564
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0635564
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt195
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt035
IRS990/PYOtherExpensesAmt0838640
IRS990/PYOtherRevenueAmt040
IRS990/PYProgramServiceRevenueAmt0659975
IRS990/PYRevenuesLessExpensesAmt0-178590
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0838640
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0660050
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-310658
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0635659
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Bank credit fee - 2014 Amount: $ 40.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0853
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0649
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt096
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0635659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0659975
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0674930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0679626
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0682718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03332908
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01692
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt040
IRS990ScheduleA/OtherIncome509Grp/TotalAmt040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt03332908
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0635659
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0659975
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0674930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0679626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0682718
IRS990ScheduleA/Total509Grp/TotalAmt03332908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0636512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0660050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0675579
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0679685
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0682814
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03334640
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01838127
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04357919
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06196046
IRS990ScheduleD/EquipmentGrp/BookValueAmt07147
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0122506
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0129653
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0947170
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt031500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011425
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt113298
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2407321
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MISCELLANOUS OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035716
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013298
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1149400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0636512
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and did not have any unrelated business income for the years ended November 30, 2016 and 2015. Due to its tax exempt status, the Corporation is not subject to income taxes. The Corporation is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, no provision for income taxes has been included in the accompanying financial statements and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since ending on or after November 30, 2013 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01876774
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0432044
IRS990ScheduleD/TotalExpensesPerForm990Amt0947170
IRS990ScheduleD/TotalLiabilityAmt0162698
IRS990ScheduleD/TotalRevenuePerForm990Amt0636512
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0636512
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0947170
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,344,056
Liabilities
$6,633,374
Net assets
-$4,289,318
Revenue
$636,512
Expenses
$947,170
Net income
-$310,658
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$7.32$5.91$1.28$1.39$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.47$7.32$5.85$1.20$1.61$0.41
2022Detailed filing. Detailed filing data is available for this year.$1.81$7.06$5.25$1.23$1.42$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.66$6.72$5.06$1.49$1.43$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.40$7.53$5.13$1.59$1.41$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.75$7.06$5.31$1.02$1.45$0.43
2018Detailed filing. Detailed filing data is available for this year.$1.88$6.76$4.88$1.02$1.23$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.27$6.93$4.67$0.82$0.88$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.34$6.63$4.29$0.64$0.95$0.31
2015Detailed filing. Detailed filing data is available for this year.$2.57$6.55$3.98$0.66$0.84$0.18
2014Detailed filing. Detailed filing data is available for this year.$2.74$6.54$3.80$0.68$0.81$0.14
2012Summary only. Only limited summary data is available for this year.$3.14$6.70$3.56$0.68$0.77$0.09
2011Summary only. Only limited summary data is available for this year.$3.22$6.70$3.47$0.60$0.78$0.18