Civic Intelligence

Council Towers II Housing Development Fund Corporation

990 • Fiscal year 2014 • EIN 13-3751223

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 14, 2015

120 Broadway 7th FloorNew York, NY 10271

(212) 453-9500

Siviq Scores

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

Liabilities / Assets

95th percentile

2.04x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

97th percentile

11.27x

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

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Net Margin

7th percentile

-40%

Higher net margin than 7% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

67th percentile

$514,042

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 46.3% of source-year revenue.

2014 filings • NTEE E • $5M-$10M nonprofits • Source year 2014

Asset Growth

17th percentile

-8.2%

Faster asset growth than 17% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

88th percentile

45%

Faster revenue growth than 88% of similar nonprofits.

2014 filings • NTEE E • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$6,127,023

Down $548,005 (-8.2%) from 2013

Net Assets

Down

-$6,387,033

Down $441,445 (-7.4%) from 2013

Liabilities

Down

$12,514,056

Down $106,560 (-0.8%) from 2013

Revenue

Up

$1,110,250

Up $345,665 (+45%) from 2013

Expenses

Up

$1,551,695

Up $114,314 (+8.0%) from 2013

Net Income

Up

-$441,445

Up $231,351 (+34%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2010: $8,442,955Liabilities 2010: $12,384,222Net Assets 2010: -$3,941,2672010Assets 2011: $7,839,432Liabilities 2011: $12,450,233Net Assets 2011: -$4,610,8012011Assets 2012: $7,317,284Liabilities 2012: $12,590,076Net Assets 2012: -$5,272,7922012Assets 2013: $6,675,028Liabilities 2013: $12,620,616Net Assets 2013: -$5,945,5882013Assets 2014: $6,127,023Liabilities 2014: $12,514,056Net Assets 2014: -$6,387,0332014Assets 2015: $5,813,162Liabilities 2015: $12,675,308Net Assets 2015: -$6,862,1462015Assets 2016: $5,219,562Liabilities 2016: $12,564,668Net Assets 2016: -$7,345,1062016Assets 2017: $4,809,379Liabilities 2017: $12,623,736Net Assets 2017: -$7,814,3572017Assets 2018: $4,271,669Liabilities 2018: $12,610,369Net Assets 2018: -$8,338,7002018Assets 2019: $4,069,364Liabilities 2019: $12,781,588Net Assets 2019: -$8,712,2242019Assets 2020: $4,162,897Liabilities 2020: $12,954,874Net Assets 2020: -$8,791,9772020Assets 2021: $4,259,383Liabilities 2021: $13,285,459Net Assets 2021: -$9,026,0762021Assets 2022: $4,523,515Liabilities 2022: $13,724,377Net Assets 2022: -$9,200,8622022Assets 2023: $5,001,456Liabilities 2023: $14,106,866Net Assets 2023: -$9,105,4102023Assets 2024: $4,904,003Liabilities 2024: $13,871,390Net Assets 2024: -$8,967,3872024

Highlighted filing

2014

Assets$6,127,023
Liabilities$12,514,056
Net Assets-$6,387,033

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,348,3462010Expenses 2011: $1,418,7452011Expenses 2012: $1,418,7692012Revenue 2013: $764,585Expenses 2013: $1,437,381Net Income 2013: -$672,7962013Revenue 2014: $1,110,250Expenses 2014: $1,551,695Net Income 2014: -$441,4452014Revenue 2015: $1,110,186Expenses 2015: $1,585,299Net Income 2015: -$475,1132015Revenue 2016: $1,096,897Expenses 2016: $1,579,857Net Income 2016: -$482,9602016Revenue 2017: $1,134,862Expenses 2017: $1,604,113Net Income 2017: -$469,2512017Revenue 2018: $1,222,497Expenses 2018: $1,746,840Net Income 2018: -$524,3432018Revenue 2019: $1,467,168Expenses 2019: $1,840,692Net Income 2019: -$373,5242019Revenue 2020: $2,294,115Expenses 2020: $2,373,868Net Income 2020: -$79,7532020Revenue 2021: $2,211,292Expenses 2021: $2,445,391Net Income 2021: -$234,0992021Revenue 2022: $2,088,471Expenses 2022: $2,263,257Net Income 2022: -$174,7862022Revenue 2023: $2,406,931Expenses 2023: $2,311,479Net Income 2023: $95,4522023Revenue 2024: $2,662,053Expenses 2024: $2,524,030Net Income 2024: $138,0232024

Highlighted filing

2014

Revenue$1,110,250
Expenses$1,551,695
Net Income-$441,445
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 14, 2015
Return Version
2014v5.0
Gross Receipts
$1,110,250
Mission and Program Overview

Mission

To provide housing assistance to senior citizens.

To provide subsidized low income apartment rentals for seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,776,070$5,293,931▼ $482,139
Savings and Temporary Cash Investments-$71,565-
Cash and Non-Interest-Bearing Accounts$12,499$62,262▲ $49,763
Prepaid Expenses and Deferred Charges$27,097$26,489▼ $608
Accounts Receivable$185$2,633▲ $2,448
Total Assets$6,675,028$6,127,023▼ $548,005
Other Assets Total$859,177$670,143▼ $189,034
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,241,537$12,241,537→ $0
Accounts Payable and Accrued Expenses$348,416$241,527▼ $106,889
Other Liabilities$29,786$29,676▼ $110
Deferred Revenue$877$1,316▲ $439
Total Liabilities$12,620,616$12,514,056▼ $106,560
Net Assets / Fund Balance
Unrestricted Net Assets$-5,945,588$-6,387,033▼ $441,445
Total Net Assets Fund Balance$-5,945,588$-6,387,033▼ $441,445
Total Liabilities and Net Assets / Fund Balance$6,675,028$6,127,023▼ $548,005

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,658,816$7,761,824$12,420,640
Land$627,376-$627,376
Equipment$7,739$97,530$105,269
Other Assets Org$26,421--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,105,717
Investment Income
$1,428
Other Revenue
$3,105
Change in Net Assets
$-441,445

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,110,250
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,110,250
Total Revenue per Form 990
$1,110,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,551,695
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$482,139--$482,139
Fees for Services Management$395,176--$395,176
Occupancy$324,443--$324,443
Fees for Services Other$45,016--$45,016
Fees for Services Accounting$29,280$15,420-$44,700
Office Expenses$43,980--$43,980
Insurance$38,189--$38,189
Fees for Services Legal$3,652--$3,652
Conferences and Meetings$295--$295
Other Expenses$23--$23
Total Functional Expenses$1,536,275$15,420$0$1,551,695

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,551,695
Total Expenses per Audited Statements$1,551,695
Total Expenses per Form 990$1,551,695
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$29,676
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No

Governance Explanations

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

The organization did not have any meetings during the year.

Form 990, Part VI, Section B, Line 11

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

Explanation: the documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Council Towers Ii Housing Development
EIN
13-3751223
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

Organization Details

Principal Officer
Alan Schoor
Formed
1996
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1212 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Explanation: the process has not changed from the prior year.

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. 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 irs, tax years since 2011 remain open.

Raw XML AppendixShowing 400 of 795 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.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY INCOME - 2010 AMOUNT: $ 2,700. 2011 AMOUNT: $ 2,903. 2012 AMOUNT: $ 3,105. 2013 AMOUNT: $ 3,105. 2014 AMOUNT: $ 3,105. MISCELLANEOUSE REVENUE - 2010 AMOUNT: $ 16,342. 2011 AMOUNT: $ 17,181. 2012 AMOUNT: $ 16,711.
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0728062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0729645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04057699
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01428
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02410
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0972
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07631
IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03105
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03105
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt019816
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt020084
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt019042
IRS990ScheduleA/OtherIncome509Grp/TotalAmt065152
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98240
IRS990ScheduleA/PublicSupportPY509Pct00.97580
IRS990ScheduleA/PublicSupportTotal509Amt04057699
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01105717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0759723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0734552
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0728062
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0729645
IRS990ScheduleA/Total509Grp/TotalAmt04057699
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01110250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0764585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0756778
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0749210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0749659
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04130482
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04658816
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07761824
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012420640
IRS990ScheduleD/EquipmentGrp/BookValueAmt07739
IRS990ScheduleD/EquipmentGrp/DepreciationAmt097530
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0105269
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01551695
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0627376
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0627376
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029676
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1614046
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt226421
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01110250
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. 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 IRS, TAX YEARS SINCE 2011 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05293931
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0670143
IRS990ScheduleD/TotalExpensesPerForm990Amt01551695
IRS990ScheduleD/TotalLiabilityAmt029676
IRS990ScheduleD/TotalRevenuePerForm990Amt01110250
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01110250
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01551695
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/CompensationBasedOnRltdOrgsAmt0513250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1301539
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt14556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1717
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID M FRANKEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MELVIN ZACHTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0514042
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1314612
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY MEETINGS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS COMPLETE NYC VENDEX CONFLICT OF INTEREST FORM ANNUALLY. NO PURCHASES ARE ALLOWED FROM ANY BUSINESS AFFILIATED WITH EMPLOYEES OR BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPLANATION: THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPLANATION: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0271111739
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1454877639
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0COUNCIL TOWERS VI GP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1COUNCIL TOWERS VII GP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0120 BOARDWAY 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1120 BOARDWAY 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010271
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110271
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0271111603
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1454830456

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$13.9$8.97$2.66$2.52$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.00$14.1$9.11$2.41$2.31$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.52$13.7$9.20$2.09$2.26$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.26$13.3$9.03$2.21$2.45$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.16$13.0$8.79$2.29$2.37$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.07$12.8$8.71$1.47$1.84$0.37
2018Detailed filing. Detailed filing data is available for this year.$4.27$12.6$8.34$1.22$1.75$0.52
2017Detailed filing. Detailed filing data is available for this year.$4.81$12.6$7.81$1.13$1.60$0.47
2016Detailed filing. Detailed filing data is available for this year.$5.22$12.6$7.35$1.10$1.58$0.48
2015Detailed filing. Detailed filing data is available for this year.$5.81$12.7$6.86$1.11$1.59$0.48
2014Detailed filing. Detailed filing data is available for this year.$6.13$12.5$6.39$1.11$1.55$0.44
2013Detailed filing. Detailed filing data is available for this year.$6.68$12.6$5.95$0.76$1.44$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$12.6$5.27$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.84$12.5$4.61$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.44$12.4$3.94$1.35