Civic Intelligence

Fairmont Place Housing

EIN 13-3819617 • 501(c)3 • Bronx, NY

Profile

To provide quality housing and social services to the low and moderate- income families of the south bronx, ny.

1954 Vyse AvenueBronx, NY 10460

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.51x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

0.69x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

8th percentile

-125%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

21st percentile

-40%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

47th percentile

-3.8%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$306,342

Down $204,385 (-40%) from 2022

Liabilities

Up

$155,983

Up $84,323 (+118%) from 2022

Net Assets

Down

$150,359

Down $288,708 (-66%) from 2022

Operations
Liabilities / Revenue93rd percentileNet Margin8th percentile

Revenue

Down

$226,997

Down $9,035 (-3.8%) from 2022

Expenses

Up

$511,494

Up $128,469 (+34%) from 2022

Net Income

Down

-$284,497

Down $137,504 (-94%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $812,570Liabilities 2011: $1,008,527Net Assets 2011: -$195,9572011Assets 2012: $808,759Liabilities 2012: $82,673Net Assets 2012: $726,0862012Assets 2013: $816,650Liabilities 2013: $88,908Net Assets 2013: $727,7422013Assets 2014: $770,405Liabilities 2014: $125,765Net Assets 2014: $644,6402014Assets 2015: $724,335Liabilities 2015: $85,105Net Assets 2015: $639,2302015Assets 2016: $709,968Liabilities 2016: $55,202Net Assets 2016: $654,7662016Assets 2017: $741,163Liabilities 2017: $35,285Net Assets 2017: $705,8782017Assets 2018: $779,808Liabilities 2018: $56,522Net Assets 2018: $723,2862018Assets 2019: $721,985Liabilities 2019: $36,233Net Assets 2019: $685,7522019Assets 2020: $643,885Liabilities 2020: $30,484Net Assets 2020: $613,4012020Assets 2021: $640,827Liabilities 2021: $45,695Net Assets 2021: $595,1322021Assets 2022: $510,727Liabilities 2022: $71,660Net Assets 2022: $439,0672022Assets 2023: $306,342Liabilities 2023: $155,983Net Assets 2023: $150,3592023

Highlighted filing

2023

Assets$306,342
Liabilities$155,983
Net Assets$150,359
Open 2023 Filing

Operations Trend

Revenue Growth47th percentile

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

$600K$400K$200K$0-$200K-$400KExpenses 2011: $261,8412011Expenses 2012: $228,4872012Revenue 2013: $244,768Expenses 2013: $243,887Net Income 2013: $8812013Revenue 2014: $236,571Expenses 2014: $316,367Net Income 2014: -$79,7962014Revenue 2015: $280,579Expenses 2015: $285,520Net Income 2015: -$4,9412015Revenue 2016: $258,612Expenses 2016: $239,087Net Income 2016: $19,5252016Revenue 2017: $269,724Expenses 2017: $218,455Net Income 2017: $51,2692017Revenue 2018: $265,722Expenses 2018: $246,720Net Income 2018: $19,0022018Revenue 2019: $238,796Expenses 2019: $277,043Net Income 2019: -$38,2472019Revenue 2020: $226,459Expenses 2020: $303,108Net Income 2020: -$76,6492020Revenue 2021: $234,542Expenses 2021: $249,923Net Income 2021: -$15,3812021Revenue 2022: $236,032Expenses 2022: $383,025Net Income 2022: -$146,9932022Revenue 2023: $226,997Expenses 2023: $511,494Net Income 2023: -$284,4972023

Highlighted filing

2023

Revenue$226,997
Expenses$511,494
Net Income-$284,497
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$306,342
Liabilities
$155,983
Net assets
$150,359
Revenue
$226,997
Expenses
$511,494
Net income
-$284,497
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.31$0.16$0.15$0.23$0.51$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.07$0.44$0.24$0.38$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.05$0.60$0.23$0.25$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.03$0.61$0.23$0.30$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.04$0.69$0.24$0.28$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.06$0.72$0.27$0.25$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.04$0.71$0.27$0.22$0.05
2016Summary only. Only limited summary data is available for this year.$0.71$0.06$0.65$0.26$0.24$0.02
2015Summary only. Only limited summary data is available for this year.$0.72$0.09$0.64$0.28$0.29$0.00
2014Summary only. Only limited summary data is available for this year.$0.77$0.13$0.64$0.24$0.32$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.09$0.73$0.24$0.24$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.08$0.73$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$1.01$0.20$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Jan 25, 2024
Return Version
2022v5.0
Gross Receipts
$226,997
Mission and Program Overview

Mission

To provide quality housing and social services to the low and moderate- income families of the south bronx, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$217,317$91,397▼ $125,920
Investments in Publicly Traded Securities$80,866$79,490▼ $1,376
Accounts Receivable$118,545$37,388▼ $81,157
Prepaid Expenses and Deferred Charges$22,357$22,673▲ $316
Land, Buildings, and Equipment, Net$52,548$18,357▼ $34,191
Other Notes and Loans Receivable, Net$16,192$16,192→ $0
Total Assets$510,727$306,342▼ $204,385
Other Assets Total$2,902$40,845▲ $37,943
Liabilities
Accounts Payable and Accrued Expenses$59,861$120,006▲ $60,145
Other Liabilities$10,540$34,718▲ $24,178
Deferred Revenue$1,259$1,259→ $0
Total Liabilities$71,660$155,983▲ $84,323
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$439,067$150,359▼ $288,708
Total Net Assets Fund Balance$439,067$150,359▼ $288,708
Total Liabilities and Net Assets / Fund Balance$510,727$306,342▼ $204,385

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,669$899,388$916,057
Equipment$1,687$13,613$15,300
Land$1-$1
Other Assets Org$970--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Jean BonhommeController$114,039$114,039
Anthony LynchExecutive Di$107,954$107,954
Steven SeltzerExecutive Di$82,154$82,154
Jason BoroffVice Chair/t$29,669$29,669
Joan TraniBoard Member$14,675$14,675

Board Members and Trustees

NameTitle
Valerie TorresChair
Josefa SantosBoard Member
Salvatore GiganteBoard Member
Evelyn VelasquezSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$224,062
Investment Income
$2,935
Other Revenue
$0
Change in Net Assets
$-284,497

Audited Revenue Reconciliation

Revenue per Audited Statements
$226,997
Revenue Not Reported on Form 990
$-4,211
Total Revenue per Audited Statements
$222,786
Total Revenue per Form 990
$226,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$483,793
Salaries, Compensation, and Employee Benefits$27,701
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$104,879--$104,879
Insurance$69,202--$69,202
Depreciation Depletion$34,191--$34,191
Other Salaries and Wages$18,017--$18,017
Fees for Services Accounting-$9,100-$9,100
Other Employee Benefits$8,292--$8,292
All Other Expenses$5,141--$5,141
Fees for Services Management-$2,926-$2,926
Other Expenses$2,253--$2,253
Interest$1,783--$1,783
Payroll Taxes$1,392--$1,392
Fees for Services Other$161--$161
Total Functional Expenses$499,468$12,026$0$511,494

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$511,494
Total Expenses per Audited Statements$511,494
Total Expenses per Form 990$511,494
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 Affiliate$24,178
Tenant Security Deposits$10,540
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization is managed by grenadier realty corp and bruckner property management, which manages the books and records of the organization as well as the day-to-day operations. Aquinas housing corporation, its sponsor, oversees operations and provides asset management.”

Form 990, Page 6, Part VI, Line 11B

“Fairmont place housing development fund corporation has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the controller and is ready to be filed with the internal revenue service, it is electronically sent to the board members of the organization for approval.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similiar types of websites. In addition, the financial statements, articles of incorporation, form 990, form 1023, and by-laws are available upon written request or by calling the organization directly.”

Filing and Contact Details

Filer

Filer Name
Fairmont Place Housing
EIN
13-3819617
Phone
7188426440
Address
1954 VYSE AVENUE, BRONX, NY 10460

Signing Officer

Name
Steven Seltzer
Title
Executive Director
Phone
7188426440
Signed
2024-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Torres
Formed
1995
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
4
Employees
0

Preparer

Firm
A Gary Aaronson CPA Pllc
Address
42 WEST 38TH STREET SUITE 1003, NEW YORK, NY 10018-0060
Preparer
A Gary Aaronson
Phone
2126845770
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The organization holds security deposits from tenants in an escrow account. These deposits are returned to the tenants once they move out of the apartment.”

Raw XML AppendixShowing 400 of 714 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt059861
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0120006
IRS990/AccountsReceivableGrp/BOYAmt0118545
IRS990/AccountsReceivableGrp/EOYAmt037388
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE QUALITY HOUSING AND SOCIAL SERVICES TO THE LOW AND MODERATE- INCOME FAMILIES OF THE SOUTH BRONX, NY.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05141
IRS990/AllOtherExpensesGrp/TotalAmt05141
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0AQUINAS HOUSING CORP
IRS990/BooksInCareOfDetail/PhoneNum07188396440
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01945 VYSE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010460
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0217317
IRS990/CashNonInterestBearingGrp/EOYAmt091397
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02935
IRS990/CYOtherExpensesAmt0483793
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0224062
IRS990/CYRevenuesLessExpensesAmt0-284497
IRS990/CYSalariesCompEmpBnftPaidAmt027701
IRS990/CYTotalExpensesAmt0511494
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0226997
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01259
IRS990/DeferredRevenueGrp/EOYAmt01259
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt034191
IRS990/DepreciationDepletionGrp/TotalAmt034191
IRS990/Desc0TO PROVIDE SAFE, CLEAN AND AFFORDABLE HOUSING TO LOW INCOME FAMILIES LOCATED IN THE SOUTH BRONX, NY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0499468
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09100
IRS990/FeesForServicesAccountingGrp/TotalAmt09100
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt02926
IRS990/FeesForServicesManagementGrp/TotalAmt02926
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0161
IRS990/FeesForServicesOtherGrp/TotalAmt0161
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt335.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0VALERIE TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm1JASON BOROFF
IRS990/Form990PartVIISectionAGrp/PersonNm2EVELYN VELASQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3SALVATORE GIGANTE
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEFA SANTOS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOAN TRANI
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVEN SELTZER
IRS990/Form990PartVIISectionAGrp/PersonNm7JEAN BONHOMME
IRS990/Form990PartVIISectionAGrp/PersonNm8ANTHONY LYNCH
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt129669
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt514675
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt682154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7114039
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8107954
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR/T
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt7CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0226997
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt069202
IRS990/InsuranceGrp/TotalAmt069202
IRS990/InterestGrp/ProgramServicesAmt01783
IRS990/InterestGrp/TotalAmt01783
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02935
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02935
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt080866
IRS990/InvestmentsPubTradedSecGrp/EOYAmt079490
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0913001
IRS990/LandBldgEquipBasisNetGrp/BOYAmt052548
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018357
IRS990/LandBldgEquipCostOrOtherBssAmt0931358
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE QUALITY HOUSING AND SOCIAL SERVICES TO THE LOW AND MODERATE- INCOME FAMILIES OF THE SOUTH BRONX, NY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0439067
IRS990/NetAssetsOrFundBalancesEOYAmt0150359
IRS990/NetUnrlzdGainsLossesInvstAmt0-4211
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0439067
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0150359
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0104879
IRS990/OccupancyGrp/TotalAmt0104879
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02902
IRS990/OtherAssetsTotalGrp/EOYAmt040845
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08292
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08292
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE SUPPLIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0219200
IRS990/OtherExpensesGrp/ProgramServicesAmt131747
IRS990/OtherExpensesGrp/ProgramServicesAmt23210
IRS990/OtherExpensesGrp/ProgramServicesAmt32253
IRS990/OtherExpensesGrp/TotalAmt0219200
IRS990/OtherExpensesGrp/TotalAmt131747
IRS990/OtherExpensesGrp/TotalAmt23210
IRS990/OtherExpensesGrp/TotalAmt32253
IRS990/OtherLiabilitiesGrp/BOYAmt010540
IRS990/OtherLiabilitiesGrp/EOYAmt034718
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018017
IRS990/OtherSalariesAndWagesGrp/TotalAmt018017
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt016192
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016192
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01392
IRS990/PayrollTaxesGrp/TotalAmt01392
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022357
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022673
IRS990/PrincipalOfficerNm0VALERIE TORRES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0224062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0224062
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01687
IRS990/PYOtherExpensesAmt0331227
IRS990/PYProgramServiceRevenueAmt0234345
IRS990/PYRevenuesLessExpensesAmt0-146993
IRS990/PYSalariesCompEmpBnftPaidAmt051798
IRS990/PYTotalExpensesAmt0383025
IRS990/PYTotalRevenueAmt0236032
IRS990/ReconcilationRevenueExpnssAmt0-284497
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06913
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06913
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02935
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01687
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04611
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02802
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02729
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014764
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0226997
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0234345
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0223018
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0223657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0236067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01144084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02935
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01687
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04611
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02802
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02729
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014764
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98730
IRS990ScheduleA/PublicSupportPY509Pct00.98890
IRS990ScheduleA/PublicSupportTotal509Amt01150997
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0226997
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0234345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0229931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0223657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0236067
IRS990ScheduleA/Total509Grp/TotalAmt01150997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0229932
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0236032
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0234542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0226459
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0238796
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01165761
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt016669
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0899388
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0916057
IRS990ScheduleD/EquipmentGrp/BookValueAmt01687
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013613
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015300
IRS990ScheduleD/ExpensesSubtotalAmt0511494
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-4211
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt039875
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1970
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024178
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0-4211
IRS990ScheduleD/RevenueSubtotalAmt0226997
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018357
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040845
IRS990ScheduleD/TotalExpensesPerForm990Amt0511494
IRS990ScheduleD/TotalLiabilityAmt034718
IRS990ScheduleD/TotalRevenuePerForm990Amt0226997
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0222786
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0511494
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED BY GRENADIER REALTY CORP AND BRUCKNER PROPERTY MANAGEMENT, WHICH MANAGES THE BOOKS AND RECORDS OF THE ORGANIZATION AS WELL AS THE DAY-TO-DAY OPERATIONS. AQUINAS HOUSING CORPORATION, ITS SPONSOR, OVERSEES OPERATIONS AND PROVIDES ASSET MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FAIRMONT PLACE HOUSING DEVELOPMENT FUND CORPORATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE CONTROLLER AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILIAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0AQUINAS HO
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1AQUINAS HO
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0AQUINAS EMPLOYER LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1AQUINAS DEACON JUAN SANTOS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0461645806
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1473387875
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0EMPLOY MAI
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01945 VYSE AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt11945 VYSE AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1BRONX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd010460
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd110460
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd5false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd6false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt2AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt3AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt4AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt5AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt6AQUINAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0134150181
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1133464429
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2133531082
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN3134201332
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN4651258121
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN5562463615
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN6825393529
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt5C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt6C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd4NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd5NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd6NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANAGING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1MANAGING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt4HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt5HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt6LOW INCOME
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0HOB II INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1HEART OF THE BRONX MANAGEMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2CRISCUOLO CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3938 EAST TREMONT CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4871 EAST 179TH STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5RESIDENCIA ESTRELLA VARGAS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6AQUINAS DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01945 VYSE AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11945 VYSE AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt21945 VYSE AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt31945 VYSE AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt41945 VYSE AVENUE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.