Civic Intelligence

Council Towers III Hdfc C/O Met Council

EIN 13-3857947 • 501(c)3 • New York, NY

Profile

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

One State Street Plaza 24th FloorNew York, NY 10004

www.metcouncil.org

Siviq Scores

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

Liabilities / Assets

98th percentile

3.47x

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

NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

6.48x

Higher debt load relative to revenue than 77% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-19%

Higher net margin than 32% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$689,992

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 34.2% of source-year revenue.

NTEE L • $1M-$5M nonprofits • Source year 2024

Asset Growth

21st percentile

-5.0%

Faster asset growth than 21% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

9.1%

Faster revenue growth than 69% of similar nonprofits.

NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$3,771,685

Down $198,637 (-5.0%) from 2023

Liabilities

Up

$13,096,276

Up $179,966 (+1.4%) from 2023

Net Assets

Down

-$9,324,591

Down $378,603 (-4.2%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin32nd percentile

Revenue

Up

$2,020,298

Up $168,176 (+9.1%) from 2023

Expenses

Up

$2,398,901

Up $182,484 (+8.2%) from 2023

Net Income

Down

-$378,603

Down $14,308 (-3.9%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$20M$10M$0-$10MAssets 2010: $9,571,198Liabilities 2010: $12,395,333Net Assets 2010: -$2,824,1352010Assets 2011: $9,254,858Liabilities 2011: $12,659,966Net Assets 2011: -$3,405,1082011Assets 2012: $8,619,744Liabilities 2012: $12,632,276Net Assets 2012: -$4,012,5322012Assets 2013: $8,134,798Liabilities 2013: $12,775,107Net Assets 2013: -$4,640,3092013Assets 2014: $7,531,589Liabilities 2014: $12,707,808Net Assets 2014: -$5,176,2192014Assets 2015: $7,270,539Liabilities 2015: $12,882,591Net Assets 2015: -$5,612,0522015Assets 2016: $6,641,332Liabilities 2016: $12,707,942Net Assets 2016: -$6,066,6102016Assets 2017: $6,396,536Liabilities 2017: $12,787,602Net Assets 2017: -$6,391,0662017Assets 2018: $5,836,888Liabilities 2018: $12,669,644Net Assets 2018: -$6,832,7562018Assets 2019: $5,528,619Liabilities 2019: $12,725,335Net Assets 2019: -$7,196,7162019Assets 2020: $5,105,101Liabilities 2020: $12,804,823Net Assets 2020: -$7,699,7222020Assets 2021: $5,082,767Liabilities 2021: $13,324,603Net Assets 2021: -$8,241,8362021Assets 2022: $4,160,430Liabilities 2022: $12,742,123Net Assets 2022: -$8,581,6932022Assets 2023: $3,970,322Liabilities 2023: $12,916,310Net Assets 2023: -$8,945,9882023Assets 2024: $3,771,685Liabilities 2024: $13,096,276Net Assets 2024: -$9,324,5912024

Highlighted filing

2024

Assets$3,771,685
Liabilities$13,096,276
Net Assets-$9,324,591
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,319,5932010Expenses 2011: $1,416,6542011Expenses 2012: $1,451,7212012Revenue 2013: $839,043Expenses 2013: $1,466,820Net Income 2013: -$627,7772013Revenue 2014: $994,322Expenses 2014: $1,530,232Net Income 2014: -$535,9102014Revenue 2015: $1,154,984Expenses 2015: $1,590,817Net Income 2015: -$435,8332015Revenue 2016: $1,154,750Expenses 2016: $1,609,308Net Income 2016: -$454,5582016Revenue 2017: $1,326,314Expenses 2017: $1,650,770Net Income 2017: -$324,4562017Revenue 2018: $1,397,867Expenses 2018: $1,839,557Net Income 2018: -$441,6902018Revenue 2019: $1,427,904Expenses 2019: $1,791,864Net Income 2019: -$363,9602019Revenue 2020: $1,614,685Expenses 2020: $2,117,691Net Income 2020: -$503,0062020Revenue 2021: $1,717,427Expenses 2021: $2,259,541Net Income 2021: -$542,1142021Revenue 2022: $1,803,899Expenses 2022: $2,143,756Net Income 2022: -$339,8572022Revenue 2023: $1,852,122Expenses 2023: $2,216,417Net Income 2023: -$364,2952023Revenue 2024: $2,020,298Expenses 2024: $2,398,901Net Income 2024: -$378,6032024

Highlighted filing

2024

Revenue$2,020,298
Expenses$2,398,901
Net Income-$378,603
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$3,771,685
Liabilities
$13,096,276
Net assets
-$9,324,591
Revenue
$2,020,298
Expenses
$2,398,901
Net income
-$378,603
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$13.1$9.32$2.02$2.40$0.38
2023Detailed filing. Detailed filing data is available for this year.$3.97$12.9$8.95$1.85$2.22$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$12.7$8.58$1.80$2.14$0.34
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.08$13.3$8.24$1.72$2.26$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$12.8$7.70$1.61$2.12$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.53$12.7$7.20$1.43$1.79$0.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$12.7$6.83$1.40$1.84$0.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$12.8$6.39$1.33$1.65$0.32
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$12.7$6.07$1.15$1.61$0.45
2015Detailed filing. Detailed filing data is available for this year.$7.27$12.9$5.61$1.15$1.59$0.44
2014Detailed filing. Detailed filing data is available for this year.$7.53$12.7$5.18$0.99$1.53$0.54
2013Detailed filing. Detailed filing data is available for this year.$8.13$12.8$4.64$0.84$1.47$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$12.6$4.01$1.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.25$12.7$3.41$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.57$12.4$2.82$1.32
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$1,852,122
Mission and Program Overview

Mission

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

To provide subsidized apartment rentals for low income senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,383,930$2,634,921▼ $749,009
Accounts Receivable$27,256$274,508▲ $247,252
Prepaid Expenses and Deferred Charges$155,152$155,627▲ $475
Cash and Non-Interest-Bearing Accounts$123,097$149,915▲ $26,818
Total Assets$4,160,430$3,970,322▼ $190,108
Other Assets Total$470,995$755,351▲ $284,356
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,397,235$12,397,235→ $0
Accounts Payable and Accrued Expenses$273,438$447,464▲ $174,026
Escrow Account Liability$39,013$39,682▲ $669
Other Liabilities$22,261$20,751▼ $1,510
Deferred Revenue$10,176$11,178▲ $1,002
Total Liabilities$12,742,123$12,916,310▲ $174,187
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-8,581,693$-8,945,988▼ $364,295
Total Net Assets Fund Balance$-8,581,693$-8,945,988▼ $364,295
Total Liabilities and Net Assets / Fund Balance$4,160,430$3,970,322▼ $190,108

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,937,768$11,465,280$13,403,048
Land$697,153-$697,153
Equipment$0$83,851$83,851
Other Assets Org$364,049--
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleOtherTotal
Robert NewmanCOO$288,542$288,542

Board Members and Trustees

NameTitle
Stacey ScheinbergPresident
Elena SytchevaCo-managing Director
Linda SpitzerDirector
David GreenfieldCEO
Philip KibelCFO
Ken EcksteinSecretary
Abraham FoxmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,810,894
Investment Income
$36,927
Other Revenue
$4,301
Change in Net Assets
$-364,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,852,122
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,852,122
Total Revenue per Form 990
$1,852,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,216,417
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
Occupancy$727,600--$727,600
Depreciation Depletion$527,789--$527,789
Fees for Services Management$261,657$161,816-$423,473
Fees for Services Accounting-$46,449-$46,449
Office Expenses$16,937--$16,937
Fees for Services Legal$9,320--$9,320
Other Expenses$5,111--$5,111
All Other Expenses$2,647--$2,647
Advertising$1,941--$1,941
Insurance$602--$602
Conferences and Meetings$206--$206
Total Functional Expenses$2,008,152$208,265$0$2,216,417

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,216,417
Total Expenses per Audited Statements$2,216,417
Total Expenses per Form 990$2,216,417
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 Affiliates$20,751
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 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
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 committee meetings during the year.”

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

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

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

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

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Council Towers Iii Hdfc
EIN
13-3857947
Phone
2124539500
Address
ONE STATE STREET PLAZA 24TH FLOOR, NEW YORK, NY 10004

Signing Officer

Name
Philip Kibel
Title
CFO
Phone
2124539500
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David G Greenfield
Formed
1999
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky CPA
Phone
2122970400
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization maintaines security deposits as required by state law.”

PART X, LINE 2:

“The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2023. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file informational returns with the irs and other taxing authorities. Accordingly, these financial statements that do not reflect a provision for income taxes and the corporation has no other tax positions, which must be considered for disclosure. Information returns filed by the corporation are subject to examination by the internal revenue service for a period of three years. While no informational returns are currently being examined by the irs, tax years since 2020 remain open. Management has analyzed the tax positions taken by the corporation and has concluded that, as of december 31, 2023, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 863 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/BOYAmt0273438
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0447464
IRS990/AccountsReceivableGrp/BOYAmt027256
IRS990/AccountsReceivableGrp/EOYAmt0274508
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SUBSIDIZED APARTMENT RENTALS FOR LOW INCOME SENIOR CITIZENS.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt01941
IRS990/AdvertisingGrp/TotalAmt01941
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02647
IRS990/AllOtherExpensesGrp/TotalAmt02647
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PHILIP KIBEL
IRS990/BooksInCareOfDetail/PhoneNum02124539500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0ONE STATE STREET PLAZA 24TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010004
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0123097
IRS990/CashNonInterestBearingGrp/EOYAmt0149915
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0206
IRS990/ConferencesMeetingsGrp/TotalAmt0206
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt036927
IRS990/CYOtherExpensesAmt02216417
IRS990/CYOtherRevenueAmt04301
IRS990/CYProgramServiceRevenueAmt01810894
IRS990/CYRevenuesLessExpensesAmt0-364295
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02216417
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01852122
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt010176
IRS990/DeferredRevenueGrp/EOYAmt011178
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0527789
IRS990/DepreciationDepletionGrp/TotalAmt0527789
IRS990/Desc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt039013
IRS990/EscrowAccountLiabilityGrp/EOYAmt039682
IRS990/ExpenseAmt02008152
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt046449
IRS990/FeesForServicesAccountingGrp/TotalAmt046449
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt09320
IRS990/FeesForServicesLegalGrp/TotalAmt09320
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0161816
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0261657
IRS990/FeesForServicesManagementGrp/TotalAmt0423473
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt449.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt539.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt639.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt739.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt460217
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt517423
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt639047
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt7288542
IRS990/Form990PartVIISectionAGrp/PersonNm0ABRAHAM FOXMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1KEN ECKSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA SPITZER
IRS990/Form990PartVIISectionAGrp/PersonNm3STACEY SCHEINBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID GREENFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm5ELENA SYTCHEVA
IRS990/Form990PartVIISectionAGrp/PersonNm6PHILIP KIBEL
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT NEWMAN
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt5CO-MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt7COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt016790
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt016790
IRS990/GrossReceiptsAmt01852122
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0602
IRS990/InsuranceGrp/TotalAmt0602
IRS990/InvestmentIncomeGrp/ExclusionAmt020137
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020137
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011549131
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03383930
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02634921
IRS990/LandBldgEquipCostOrOtherBssAmt014184052
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0743
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0743
IRS990/MissionDesc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012397235
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012397235
IRS990/NetAssetsOrFundBalancesBOYAmt0-8581693
IRS990/NetAssetsOrFundBalancesEOYAmt0-8945988
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt016790
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt016790
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-8581693
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-8945988
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0727600
IRS990/OccupancyGrp/TotalAmt0727600
IRS990/OfficeExpensesGrp/ProgramServicesAmt016937
IRS990/OfficeExpensesGrp/TotalAmt016937
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0470995
IRS990/OtherAssetsTotalGrp/EOYAmt0755351
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE RENT FRE
IRS990/OtherExpensesGrp/Desc2TAXES, LICENSES, PERMIT
IRS990/OtherExpensesGrp/ProgramServicesAmt0442510
IRS990/OtherExpensesGrp/ProgramServicesAmt111832
IRS990/OtherExpensesGrp/ProgramServicesAmt25111
IRS990/OtherExpensesGrp/TotalAmt0442510
IRS990/OtherExpensesGrp/TotalAmt111832
IRS990/OtherExpensesGrp/TotalAmt25111
IRS990/OtherLiabilitiesGrp/BOYAmt022261
IRS990/OtherLiabilitiesGrp/EOYAmt020751
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03558
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03558
IRS990/OtherRevenueTotalAmt04301
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0155152
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0155627
IRS990/PrincipalOfficerNm0DAVID G GREENFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01810894
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01810894
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04423
IRS990/PYOtherExpensesAmt02143756
IRS990/PYOtherRevenueAmt0647
IRS990/PYProgramServiceRevenueAmt01798829
IRS990/PYRevenuesLessExpensesAmt0-339857
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02143756
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01803899
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-364295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01815195
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2019 AMOUNT: $ 3,105. 2020 AMOUNT: $ 3,105. 2021 AMOUNT: $ 5,426. 2022 AMOUNT: $ 552. 2023 AMOUNT: $ 3,558. MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 2,070. 2020 AMOUNT: $ 5,230. 2021 AMOUNT: $ 585. 2022 AMOUNT: $ 95. 2023 AMOUNT: $ 743.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07836
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt066533
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt074369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020137
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04423
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0424
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08425
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt035440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01810894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01798829
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01703156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01537786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01414304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08264969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04423
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08425
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt035440
IRS990ScheduleA/InvestmentIncomeCYPct00.00420
IRS990ScheduleA/InvestmentIncomePYPct00.00270
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04301
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0647
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06011
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt08335
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05175
IRS990ScheduleA/OtherIncome509Grp/TotalAmt024469
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99290
IRS990ScheduleA/PublicSupportPY509Pct00.99430
IRS990ScheduleA/PublicSupportTotal509Amt08339338
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01810894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01798829
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01710992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01604319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01414304
IRS990ScheduleA/Total509Grp/TotalAmt08339338
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01835332
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01803899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01717427
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01614685
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01427904
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08399247
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01937768
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011465280
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013403048
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083851
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083851
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02216417
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0697153
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0697153
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt039946
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt126331
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2325025
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3364049
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITIES DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TAX ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPLACEMENT RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01852122
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINES SECURITY DEPOSITS AS REQUIRED BY STATE LAW.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE INFORMATIONAL RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS THAT DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS, WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATION RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02634921
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0755351
IRS990ScheduleD/TotalExpensesPerForm990Amt02216417
IRS990ScheduleD/TotalLiabilityAmt020751
IRS990ScheduleD/TotalRevenuePerForm990Amt01852122
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01852122
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02216417
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0627665
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1167694
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2156932
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12262
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt21939
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt052837

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