Civic Intelligence

Lucille C Clark Housing Development Fund Company Inc

990 • Fiscal year 2018 • EIN 13-3947331

Oct 01, 2017 to Sep 30, 2018 • Filed on Jul 31, 2019

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

(212) 410-3153

Siviq Scores

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

Liabilities / Assets

96th percentile

2.14x

Higher debt load relative to assets than 96% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

9.25x

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

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Net Margin

41st percentile

-14%

Higher net margin than 41% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$203,462

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2018 filings • NTEE L • $1M-$5M nonprofits • Source year 2018

Asset Growth

11th percentile

-7.9%

Faster asset growth than 11% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

11%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,229,819

Down $275,728 (-7.9%) from 2017

Net Assets

Down

-$3,683,830

Down $101,662 (-2.8%) from 2017

Liabilities

Down

$6,913,649

Down $174,066 (-2.5%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin41st percentile

Revenue

Up

$747,378

Up $76,099 (+11%) from 2017

Expenses

Up

$849,040

Up $71,173 (+9.1%) from 2017

Net Income

Up

-$101,662

Up $4,926 (+4.6%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $4,507,770Liabilities 2011: $6,867,877Net Assets 2011: -$2,360,1072011Assets 2012: $4,329,309Liabilities 2012: $6,829,969Net Assets 2012: -$2,500,6602012Assets 2013: $4,170,038Liabilities 2013: $6,815,584Net Assets 2013: -$2,645,5462013Assets 2014: $3,926,872Liabilities 2014: $6,798,083Net Assets 2014: -$2,871,2112014Assets 2015: $3,729,729Liabilities 2015: $6,796,062Net Assets 2015: -$3,066,3332015Assets 2016: $3,558,196Liabilities 2016: $6,909,523Net Assets 2016: -$3,351,3272016Assets 2017: $3,505,547Liabilities 2017: $7,087,715Net Assets 2017: -$3,582,1682017Assets 2018: $3,229,819Liabilities 2018: $6,913,649Net Assets 2018: -$3,683,8302018Assets 2019: $2,997,757Liabilities 2019: $7,159,049Net Assets 2019: -$4,161,2922019Assets 2020: $2,843,278Liabilities 2020: $7,223,070Net Assets 2020: -$4,379,7922020Assets 2021: $2,660,768Liabilities 2021: $7,322,196Net Assets 2021: -$4,661,4282021Assets 2022: $2,756,754Liabilities 2022: $7,687,125Net Assets 2022: -$4,930,3712022Assets 2023: $2,724,254Liabilities 2023: $7,891,411Net Assets 2023: -$5,167,1572023Assets 2024: $2,615,711Liabilities 2024: $8,181,136Net Assets 2024: -$5,565,4252024

Highlighted filing

2018

Assets$3,229,819
Liabilities$6,913,649
Net Assets-$3,683,830
Open 2018 Filing

Operations Trend

Revenue Growth79th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $513,464Expenses 2011: $729,468Net Income 2011: -$216,0042011Revenue 2012: $536,366Expenses 2012: $676,919Net Income 2012: -$140,5532012Revenue 2013: $506,536Expenses 2013: $651,422Net Income 2013: -$144,8862013Revenue 2014: $537,764Expenses 2014: $763,503Net Income 2014: -$225,7392014Revenue 2015: $532,580Expenses 2015: $727,702Net Income 2015: -$195,1222015Revenue 2016: $570,756Expenses 2016: $855,750Net Income 2016: -$284,9942016Revenue 2017: $671,279Expenses 2017: $777,867Net Income 2017: -$106,5882017Revenue 2018: $747,378Expenses 2018: $849,040Net Income 2018: -$101,6622018Revenue 2019: $773,991Expenses 2019: $1,251,453Net Income 2019: -$477,4622019Revenue 2020: $762,935Expenses 2020: $981,435Net Income 2020: -$218,5002020Revenue 2021: $778,673Expenses 2021: $1,060,309Net Income 2021: -$281,6362021Revenue 2022: $771,321Expenses 2022: $1,040,264Net Income 2022: -$268,9432022Revenue 2023: $933,136Expenses 2023: $1,064,477Net Income 2023: -$131,3412023Revenue 2024: $821,923Expenses 2024: $1,114,076Net Income 2024: -$292,1532024

Highlighted filing

2018

Revenue$747,378
Expenses$849,040
Net Income-$101,662
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jul 31, 2019
Return Version
2017v2.3
Gross Receipts
$747,378
Mission and Program Overview

Mission

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

To provide clean, affordable, safe housing for senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,918,410$2,678,319▼ $240,091
Cash and Non-Interest-Bearing Accounts$71,984$99,776▲ $27,792
Prepaid Expenses and Deferred Charges$3,186$3,099▼ $87
Accounts Receivable$134,224$1,424▼ $132,800
Total Assets$3,505,547$3,229,819▼ $275,728
Other Assets Total$377,743$447,201▲ $69,458
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,747,100$6,747,100→ $0
Other Liabilities$271,926$139,389▼ $132,537
Accounts Payable and Accrued Expenses$67,831$25,886▼ $41,945
Deferred Revenue$858$1,274▲ $416
Total Liabilities$7,087,715$6,913,649▼ $174,066
Net Assets / Fund Balance
Unrestricted Net Assets$-3,582,168$-3,683,830▼ $101,662
Total Net Assets Fund Balance$-3,582,168$-3,683,830▼ $101,662
Total Liabilities and Net Assets / Fund Balance$3,505,547$3,229,819▼ $275,728

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,646,740$3,938,788$6,585,528
Equipment$579$58,524$59,103
Land$31,000-$31,000
Other Land Buildings$0$468$468
Other Assets Org$237,346--
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
John WarrenChairman
Rocco PapandreaVice Chairman
Brenda J BrownBoard Member
Kent LanglossBoard Member
Kristina WiigBoard Member
Margaret J DavinoBoard Member
Patricia FrancisBoard Member
Patricia SuarezBoard Member
Peter HandalBoard Member
Christopher CirilloExecutive Director/preside
Nadia DrewSecretary
Kristen SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$742,090
Investment Income
$817
Other Revenue
$4,471
Change in Net Assets
$-101,662

Audited Revenue Reconciliation

Revenue per Audited Statements
$747,378
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$747,378
Total Revenue per Form 990
$747,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$849,040
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$240,091--$240,091
Occupancy$154,601--$154,601
Fees for Services Management$74,796--$74,796
Insurance$26,478--$26,478
Office Expenses$15,798--$15,798
Fees for Services Accounting$13,150--$13,150
Other Expenses$649--$649
Total Functional Expenses$849,040$0$0$849,040

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$849,040
Total Expenses per Audited Statements$849,040
Total Expenses per Form 990$849,040
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
Accrued Residual Receipts$103,547
Due to Related Entity$19,122
Tenant Deposits Held in Trust$13,253
Accrued Shelter Tax$3,467
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegates management duties to lott cdc and the wavecrest management team, ltd.”

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

“A copy of the organization's form 990 is provided to management for review and comments before filing.”

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

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

Form 990, Part VI, Section B, Line 15

“Compensation is determined by a related organization using the following method: the process for determining compensation for the president and executive director is determined by an executive committee. To ensure competitiveness, wages are compared to other affordable housing organizations, both for- and not-for-profit, or the local market for positions applicable to a broader competitive market.”

Form 990, Part VI, Section C, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lucille C Clark Housing Development
EIN
13-3947331
Phone
2124103153
Address
421 EAST 116TH STREET, NEW YORK, NY 10029

Signing Officer

Name
Christopher Cirillo
Title
Executive Director/president
Phone
2124103153
Signed
2019-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Cirillo
Formed
1997
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
4 BECKER FARM ROAD, ROSELAND, NJ 07068
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

Form 990 XII Line 2C Explanation

“The organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The corporation did not have any unrelated business income for the years ended september 30, 2018 and 2017. Due to its tax exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the internal revenue service and other taxing authorities. Accordingly, no provision for income taxes has been included in the accompanying financial statements and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the company are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue service, returns for the years ended september 30, 2015 and after remain open.”

Raw XML AppendixShowing 400 of 759 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/BOYAmt067831
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025886
IRS990/AccountsReceivableGrp/BOYAmt0134224
IRS990/AccountsReceivableGrp/EOYAmt01424
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE CLEAN, AFFORDABLE, SAFE HOUSING FOR SENIOR CITIZENS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTOPHER CIRILLO
IRS990/BooksInCareOfDetail/PhoneNum02124103153
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0421 EAST 116TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010029
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt071984
IRS990/CashNonInterestBearingGrp/EOYAmt099776
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0817
IRS990/CYOtherExpensesAmt0849040
IRS990/CYOtherRevenueAmt04471
IRS990/CYProgramServiceRevenueAmt0742090
IRS990/CYRevenuesLessExpensesAmt0-101662
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0849040
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0747378
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0858
IRS990/DeferredRevenueGrp/EOYAmt01274
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0240091
IRS990/DepreciationDepletionGrp/TotalAmt0240091
IRS990/Desc0THE CORPORATION RENTS AFFORDABLE APARTMENTS TO SENIOR CITIZENS, WHOSE RENTS ARE SUBSIDIZED BY SECTION 8 PAYMENTS FROM HUD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0849040
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013150
IRS990/FeesForServicesAccountingGrp/TotalAmt013150
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt074796
IRS990/FeesForServicesManagementGrp/TotalAmt074796
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt94.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt104.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1155.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1121137
IRS990/Form990PartVIISectionAGrp/PersonNm0BRENDA J BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm2KENT LANGLOSS
IRS990/Form990PartVIISectionAGrp/PersonNm3KRISTEN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4KRISTINA WIIG
IRS990/Form990PartVIISectionAGrp/PersonNm5MARGARET J DAVINO
IRS990/Form990PartVIISectionAGrp/PersonNm6NADIA DREW
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICIA FRANCIS
IRS990/Form990PartVIISectionAGrp/PersonNm8PATRICIA SUAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm9PETER HANDAL
IRS990/Form990PartVIISectionAGrp/PersonNm10ROCCO PAPANDREA
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRISTOPHER CIRILLO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11182325
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR/PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0747378
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt026478
IRS990/InsuranceGrp/TotalAmt026478
IRS990/InvestmentIncomeGrp/ExclusionAmt0817
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0817
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03997780
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02918410
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02678319
IRS990/LandBldgEquipCostOrOtherBssAmt06676099
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE CLEAN, AFFORDABLE, SAFE HOUSING FOR SENIOR CITIZENS IN THE LOCAL COMMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06747100
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06747100
IRS990/NetAssetsOrFundBalancesBOYAmt0-3582168
IRS990/NetAssetsOrFundBalancesEOYAmt0-3683830
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0154601
IRS990/OccupancyGrp/TotalAmt0154601
IRS990/OfficeExpensesGrp/ProgramServicesAmt015798
IRS990/OfficeExpensesGrp/TotalAmt015798
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0377743
IRS990/OtherAssetsTotalGrp/EOYAmt0447201
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SECURITY
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FINANCIAL EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0248611
IRS990/OtherExpensesGrp/ProgramServicesAmt174866
IRS990/OtherExpensesGrp/ProgramServicesAmt2649
IRS990/OtherExpensesGrp/TotalAmt0248611
IRS990/OtherExpensesGrp/TotalAmt174866
IRS990/OtherExpensesGrp/TotalAmt2649
IRS990/OtherLiabilitiesGrp/BOYAmt0271926
IRS990/OtherLiabilitiesGrp/EOYAmt0139389
IRS990/OtherRevenueMiscGrp/BusinessCd0900000
IRS990/OtherRevenueMiscGrp/BusinessCd1900000
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/Desc1PARKING INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03151
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11320
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03151
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11320
IRS990/OtherRevenueTotalAmt04471
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03186
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03099
IRS990/PrincipalOfficerNm0CHRISTOPHER CIRILLO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0742090
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0742090
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01007
IRS990/PYOtherExpensesAmt0777867
IRS990/PYOtherRevenueAmt06132
IRS990/PYProgramServiceRevenueAmt0664140
IRS990/PYRevenuesLessExpensesAmt0-106588
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0777867
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0671279
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-101662
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0746561
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2014 AMOUNT: $ 2,611. 2015 AMOUNT: $ 2,408. 2016 AMOUNT: $ 3,619. 2017 AMOUNT: $ 3,151. PARKING INCOME - 2015 AMOUNT: $ 1,099. 2016 AMOUNT: $ 1,410. 2017 AMOUNT: $ 1,320. KEY CHARGES - 2015 AMOUNT: $ 25. 2016 AMOUNT: $ 75. MISC INCOME - 2014 AMOUNT: $ 496. 2015 AMOUNT: $ 23,310. 2016 AMOUNT: $ 1,028. BANK CREDIT FEES - 2014 AMOUNT: $ 150. SECURITY DEPOSITS - 2014 AMOUNT: $ 353.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0817
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01007
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0491
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0742090
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0664140
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0543423
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0528948
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0537726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03016327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0817
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01007
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0491
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02375
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04471
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06132
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt026842
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03610
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041055
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98580
IRS990ScheduleA/PublicSupportPY509Pct00.98640
IRS990ScheduleA/PublicSupportTotal509Amt03016327
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0742090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0664140
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0543423
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0528948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0537726
IRS990ScheduleA/Total509Grp/TotalAmt03016327
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0747378
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0671279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0570756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0532580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0537764
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03059757
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02646740
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03938788
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06585528
IRS990ScheduleD/EquipmentGrp/BookValueAmt0579
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058524
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059103
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0849040
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt031000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02150
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt113484
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2194221
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3237346
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECUIRTY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0468
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019122
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3103547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED SHELTER TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED RESIDUAL RECEIPTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0747378
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2018 AND 2017. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, RETURNS FOR THE YEARS ENDED SEPTEMBER 30, 2015 AND AFTER REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02678319
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0447201
IRS990ScheduleD/TotalExpensesPerForm990Amt0849040
IRS990ScheduleD/TotalLiabilityAmt0139389
IRS990ScheduleD/TotalRevenuePerForm990Amt0747378
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0747378
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0849040
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt018000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0164325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021137
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTOPHER CIRILLO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,229,819
Liabilities
$6,913,649
Net assets
-$3,683,830
Revenue
$747,378
Expenses
$849,040
Net income
-$101,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.62$8.18$5.57$0.82$1.11$0.29
2023Detailed filing. Detailed filing data is available for this year.$2.72$7.89$5.17$0.93$1.06$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$7.69$4.93$0.77$1.04$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.66$7.32$4.66$0.78$1.06$0.28
2020Detailed filing. Detailed filing data is available for this year.$2.84$7.22$4.38$0.76$0.98$0.22
2019Detailed filing. Detailed filing data is available for this year.$3.00$7.16$4.16$0.77$1.25$0.48
2018Detailed filing. Detailed filing data is available for this year.$3.23$6.91$3.68$0.75$0.85$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.51$7.09$3.58$0.67$0.78$0.11
2016Detailed filing. Detailed filing data is available for this year.$3.56$6.91$3.35$0.57$0.86$0.28
2015Detailed filing. Detailed filing data is available for this year.$3.73$6.80$3.07$0.53$0.73$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.93$6.80$2.87$0.54$0.76$0.23
2013Summary only. Only limited summary data is available for this year.$4.17$6.82$2.65$0.51$0.65$0.14
2012Summary only. Only limited summary data is available for this year.$4.33$6.83$2.50$0.54$0.68$0.14
2011Summary only. Only limited summary data is available for this year.$4.51$6.87$2.36$0.51$0.73$0.22