Civic Intelligence

Lantern Organization Inc

EIN 13-3960661 • 501(c)3 • New York, NY

Profile

Develop housing for people with special needs.

42 W 39th Street 14th FloorNew York, NY 10018-8559

lanterncommunity.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.41x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

1.12x

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$318,184

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

40th percentile

3.7%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

22%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$57,031,398

Up $2,043,338 (+3.7%) from 2023

Liabilities

Up

$23,224,031

Up $160,703 (+0.7%) from 2023

Net Assets

Up

$33,807,367

Up $1,882,635 (+5.9%) from 2023

Revenue

Up

$20,764,803

Up $3,728,513 (+22%) from 2023

Expenses

Up

$18,508,922

Up $2,456,372 (+15%) from 2023

Net Income

Up

$2,255,881

Up $1,272,141 (+129%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $13,577,567Liabilities 2011: $4,030,950Net Assets 2011: $9,546,6172011Assets 2012: $14,849,161Liabilities 2012: $4,219,758Net Assets 2012: $10,629,4032012Assets 2013: $11,389,363Liabilities 2013: $631,801Net Assets 2013: $10,757,5622013Assets 2014: $10,964,043Liabilities 2014: $83,206Net Assets 2014: $10,880,8372014Assets 2015: $10,921,158Liabilities 2015: $29,946Net Assets 2015: $10,891,2122015Assets 2016: $11,301,222Liabilities 2016: $155,221Net Assets 2016: $11,146,0012016Assets 2017: $23,501,354Liabilities 2017: $4,172,462Net Assets 2017: $19,328,8922017Assets 2018: $27,910,631Liabilities 2018: $8,412,945Net Assets 2018: $19,497,6862018Assets 2019: $33,079,496Liabilities 2019: $10,526,888Net Assets 2019: $22,552,6082019Assets 2020: $27,431,747Liabilities 2020: $4,060,026Net Assets 2020: $23,371,7212020Assets 2021: $27,995,063Liabilities 2021: $4,845,608Net Assets 2021: $23,149,4552021Assets 2022: $40,301,929Liabilities 2022: $9,360,937Net Assets 2022: $30,940,9922022Assets 2023: $54,988,060Liabilities 2023: $23,063,328Net Assets 2023: $31,924,7322023Assets 2024: $57,031,398Liabilities 2024: $23,224,031Net Assets 2024: $33,807,3672024

Highlighted filing

2024

Assets$57,031,398
Liabilities$23,224,031
Net Assets$33,807,367

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $633,2272011Expenses 2012: $648,4152012Revenue 2013: $689,394Expenses 2013: $561,235Net Income 2013: $128,1592013Revenue 2014: $663,345Expenses 2014: $540,070Net Income 2014: $123,2752014Revenue 2015: $222,875Expenses 2015: $212,500Net Income 2015: $10,3752015Revenue 2016: $593,900Expenses 2016: $339,111Net Income 2016: $254,7892016Revenue 2017: $1,002,877Expenses 2017: $778,888Net Income 2017: $223,9892017Revenue 2018: $568,667Expenses 2018: $399,873Net Income 2018: $168,7942018Revenue 2019: $1,245,078Expenses 2019: $401,156Net Income 2019: $843,9222019Revenue 2020: $984,787Expenses 2020: $165,674Net Income 2020: $819,1132020Revenue 2021: $1,032,369Expenses 2021: $1,270,635Net Income 2021: -$238,2662021Revenue 2022: $14,682,075Expenses 2022: $5,962,360Net Income 2022: $8,719,7152022Revenue 2023: $17,036,290Expenses 2023: $16,052,550Net Income 2023: $983,7402023Revenue 2024: $20,764,803Expenses 2024: $18,508,922Net Income 2024: $2,255,8812024

Highlighted filing

2024

Revenue$20,764,803
Expenses$18,508,922
Net Income$2,255,881

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.0$23.2$33.8$20.8$18.5$2.26
2023Detailed filing. Detailed filing data is available for this year.$55.0$23.1$31.9$17.0$16.1$0.98
2022Detailed filing. Detailed filing data is available for this year.$40.3$9.36$30.9$14.7$5.96$8.72
2021Detailed filing. Detailed filing data is available for this year.$28.0$4.85$23.1$1.03$1.27$0.24
2020Detailed filing. Detailed filing data is available for this year.$27.4$4.06$23.4$0.98$0.17$0.82
2019Detailed filing. Detailed filing data is available for this year.$33.1$10.5$22.6$1.25$0.40$0.84
2018Detailed filing. Detailed filing data is available for this year.$27.9$8.41$19.5$0.57$0.40$0.17
2017Detailed filing. Detailed filing data is available for this year.$23.5$4.17$19.3$1.00$0.78$0.22
2016Detailed filing. Detailed filing data is available for this year.$11.3$0.16$11.1$0.59$0.34$0.25
2015Detailed filing. Detailed filing data is available for this year.$10.9$0.03$10.9$0.22$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$11.0$0.08$10.9$0.66$0.54$0.12
2013Detailed filing. Detailed filing data is available for this year.$11.4$0.63$10.8$0.69$0.56$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$4.22$10.6$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$4.03$9.55$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 30, 2025
Return Version
2024v5.2
Gross Receipts
$20,764,803
Mission and Program Overview

Mission

Develop housing for people with special needs.

Our mission is to end homelessness by increasing the supply of supportive and low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$27,393,972$31,481,799▲ $4,087,827
Land, Buildings, and Equipment, Net$14,863,447$14,372,318▼ $491,129
Intangible Assets$6,761,428$6,096,334▼ $665,094
Cash and Non-Interest-Bearing Accounts$2,719,928$1,979,589▼ $740,339
Accounts Receivable$719,513$734,783▲ $15,270
Prepaid Expenses and Deferred Charges$236,899$217,597▼ $19,302
Savings and Temporary Cash Investments$1,990$1,690▼ $300
Total Assets$54,988,060$57,031,398▲ $2,043,338
Other Assets Total$2,290,883$2,147,288▼ $143,595
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,588,100$20,552,194▼ $35,906
Other Liabilities$2,044,818$1,812,628▼ $232,190
Accounts Payable and Accrued Expenses$430,410$859,209▲ $428,799
Total Liabilities$23,063,328$23,224,031▲ $160,703
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$31,924,732$33,807,367▲ $1,882,635
Total Net Assets Fund Balance$31,924,732$33,807,367▲ $1,882,635
Total Liabilities and Net Assets / Fund Balance$54,988,060$57,031,398▲ $2,043,338

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,706,582$11,406,882$24,113,464
Land$1,625,000-$1,625,000
Leasehold Improvements$40,736$611,554$652,290
Equipment$0$294,954$294,954
Other Land Buildings$0$213,933$213,933
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel KentPresidentFT$300,000$18,184$318,184
Judy ParkControllerFT$140,000$21,000$161,000
Lesley HansonVP of Leasing & CompFT$135,000$1,350$136,350

Board Members and Trustees

NameTitle
Nathaniel WiceBoard Member
ROBIN D'SOUZABoard Member
Robert ChervenakBoard Member
Sebastian PalmerBoard Member
Rafal MarkwatSecretary
Christopher BensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,463,710
Program Service Revenue
$12,226,730
Investment Income
$74,363
Other Revenue
$0
All Other Contributions
$125,000
Change in Net Assets
$2,255,881

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,764,803
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$20,764,803
Total Revenue per Form 990
$20,764,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,118,174
Salaries, Compensation, and Employee Benefits$5,390,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,143,960$657,335-$4,801,295
Depreciation Depletion$1,383,144--$1,383,144
Insurance$1,046,810--$1,046,810
Payroll Taxes$311,995$49,491-$361,486
Interest$341,264--$341,264
Office Expenses-$315,980-$315,980
Other Employee Benefits$196,756$31,211-$227,967
Other Expenses$189,020$350,253-$189,020
All Other Expenses$143,569$42,729-$186,298
Fees for Services Other-$94,442-$94,442
Fees for Services Accounting-$83,526-$83,526
Fees for Services Legal-$52,179-$52,179
Total Functional Expenses$16,831,776$1,677,146$0$18,508,922

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,508,922
Total Expenses per Audited Statements$18,508,922
Total Expenses per Form 990$18,508,922
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
Lease Liability$1,752,939
Security Deposit Payable$59,689
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

Organization's process to review form 990. The completed 990 is submitted first to the audit committee for review. Once reviewed and approved by the audit committee, the 990 is circulated to the full board before it is filed with the irs.

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

The board members review the policy annually and reports any conflicts.

Form 990, Part VI, Section B, Line 15

The board reviews and approves the compensation of the officer.every year the board reviews and approves the compensation of several keyemployees.

Form 990, Part VI, Section C, Line 19

Lantern makes it's 990 available to the public through the nys attorney general's website and upon written request. Lantern's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Lantern Organization Inc
EIN
13-3960661
Phone
2122928400
Address
42 W 39TH STREET 14TH FLOOR, NEW YORK, NY 10018-8559

Signing Officer

Name
Daniel Kent
Title
President
Phone
2122928400
Signed
2025-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Kent
Formed
1997
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
42
Volunteers
0

Preparer

Firm
Geltrude & Co LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110
Preparer
Michael Carlon
Phone
9736679100
Raw XML AppendixShowing 400 of 904 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/BOYAmt0430410
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0859209
IRS990/AccountsReceivableGrp/BOYAmt0719513
IRS990/AccountsReceivableGrp/EOYAmt0734783
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO END HOMELESSNESS BY INCREASING THE SUPPLY OF SUPPORTIVE AND LOW-INCOME HOUSING.
IRS990/AllOtherContributionsAmt0125000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt042729
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0143569
IRS990/AllOtherExpensesGrp/TotalAmt0186298
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0JUDITH PARK
IRS990/BooksInCareOfDetail/PhoneNum02122928400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt042 WEST 39TH STREET 14TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02719928
IRS990/CashNonInterestBearingGrp/EOYAmt01979589
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08463710
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt074363
IRS990/CYOtherExpensesAmt013118174
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt012226730
IRS990/CYRevenuesLessExpensesAmt02255881
IRS990/CYSalariesCompEmpBnftPaidAmt05390748
IRS990/CYTotalExpensesAmt018508922
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt020764803
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01383144
IRS990/DepreciationDepletionGrp/TotalAmt01383144
IRS990/Desc0THE ORGANIZATION SPONSORED AND PROVIDED TECHNICAL ASSISTANCE AND SUPERVISION TO LOW AND MODERATE INCOME HOUSING PROJECTS, INCLUDING SUPPORTIVE HOUSING FOR SPECIAL NEEDS POPULATIONS. SERVICES PROVIDED BY THE ORGANIZATION INCLUDE LOCATING SITES, FEASIBILITY ANALYSIS, IDENTIFYING AND SECURING SUBSIDIES, IDENTIFYING AND COORDINATING DEVELOPMENT TEAM MEMBERS AND SUPERVISING THE MANAGEMENT AND OPERATION OF THE SERVICES AT COMPLETED SITES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt016831776
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt083526
IRS990/FeesForServicesAccountingGrp/TotalAmt083526
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt052179
IRS990/FeesForServicesLegalGrp/TotalAmt052179
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt094442
IRS990/FeesForServicesOtherGrp/TotalAmt094442
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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/AverageHoursPerWeekRt635.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt735.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt835.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt618184
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt71350
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt821000
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISTOPHER BENSON
IRS990/Form990PartVIISectionAGrp/PersonNm1RAFAL MARKWAT
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT CHERVENAK
IRS990/Form990PartVIISectionAGrp/PersonNm3SEBASTIAN PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm4NATHANIEL WICE
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBIN D'SOUZA
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIEL KENT
IRS990/Form990PartVIISectionAGrp/PersonNm7LESLEY HANSON
IRS990/Form990PartVIISectionAGrp/PersonNm8JUDY PARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6300000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7135000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8140000
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/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP OF LEASING & COMP
IRS990/Form990PartVIISectionAGrp/TitleTxt8CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt08338710
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt020764803
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01046810
IRS990/InsuranceGrp/TotalAmt01046810
IRS990/IntangibleAssetsGrp/BOYAmt06761428
IRS990/IntangibleAssetsGrp/EOYAmt06096334
IRS990/InterestGrp/ProgramServicesAmt0341264
IRS990/InterestGrp/TotalAmt0341264
IRS990/InvestmentIncomeGrp/ExclusionAmt074363
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt074363
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012527323
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014863447
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014372318
IRS990/LandBldgEquipCostOrOtherBssAmt026899641
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEVELOP HOUSING FOR PEOPLE WITH SPECIAL NEEDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020588100
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020552194
IRS990/NetAssetsOrFundBalancesBOYAmt031924732
IRS990/NetAssetsOrFundBalancesEOYAmt033807367
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt031924732
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt033807367
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0315980
IRS990/OfficeExpensesGrp/TotalAmt0315980
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02290883
IRS990/OtherAssetsTotalGrp/EOYAmt02147288
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt031211
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0196756
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227967
IRS990/OtherExpensesGrp/Desc0RENT EXPENSE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SECURITY EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0350253
IRS990/OtherExpensesGrp/ProgramServicesAmt08338710
IRS990/OtherExpensesGrp/ProgramServicesAmt1403815
IRS990/OtherExpensesGrp/ProgramServicesAmt2332733
IRS990/OtherExpensesGrp/ProgramServicesAmt3189020
IRS990/OtherExpensesGrp/TotalAmt08688963
IRS990/OtherExpensesGrp/TotalAmt1403815
IRS990/OtherExpensesGrp/TotalAmt2332733
IRS990/OtherExpensesGrp/TotalAmt3189020
IRS990/OtherLiabilitiesGrp/BOYAmt02044818
IRS990/OtherLiabilitiesGrp/EOYAmt01812628
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0657335
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04143960
IRS990/OtherSalariesAndWagesGrp/TotalAmt04801295
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt027393972
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt031481799
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049491
IRS990/PayrollTaxesGrp/ProgramServicesAmt0311995
IRS990/PayrollTaxesGrp/TotalAmt0361486
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0236899
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0217597
IRS990/PrincipalOfficerNm0DANIEL KENT
IRS990/PriorPeriodAdjustmentsAmt0-373246
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc3INTEREST HOUSING LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07164584
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12595627
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21739990
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3726529
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07164584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12595627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21739990
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3726529
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08431924
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027894
IRS990/PYOtherExpensesAmt011041450
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08576472
IRS990/PYRevenuesLessExpensesAmt0983740
IRS990/PYSalariesCompEmpBnftPaidAmt05011100
IRS990/PYTotalExpensesAmt016052550
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt017036290
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02255881
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012226730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01990
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08463710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08431924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013520179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt030417814
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt074363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027894
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0102258
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02062457
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99660
IRS990ScheduleA/PublicSupportPY170Pct00.99870
IRS990ScheduleA/PublicSupportTotal170Amt030417814
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08463710
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08431924
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013520179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01001
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt030417814
IRS990ScheduleA/TotalSupportAmt030520072
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt012706582
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011406882
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024113464
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0294954
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0294954
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt018508922
IRS990ScheduleD/LandGrp/BookValueAmt01625000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01625000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt040736
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0611554
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0652290
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0213933
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0213933
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt059689
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11752939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt020764803
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014372318
IRS990ScheduleD/TotalExpensesPerForm990Amt018508922
IRS990ScheduleD/TotalLiabilityAmt01812628
IRS990ScheduleD/TotalRevenuePerForm990Amt020764803
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020764803
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt018508922
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0300000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1140000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018184
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt121000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANIEL KENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JUDY PARK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CONTROLLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0318184
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1161000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990. THE COMPLETED 990 IS SUBMITTED FIRST TO THE AUDIT COMMITTEE FOR REVIEW. ONCE REVIEWED AND APPROVED BY THE AUDIT COMMITTEE, THE 990 IS CIRCULATED TO THE FULL BOARD BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS REVIEW THE POLICY ANNUALLY AND REPORTS ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE OFFICER.EVERY YEAR THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF SEVERAL KEYEMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LANTERN MAKES IT'S 990 AVAILABLE TO THE PUBLIC THROUGH THE NYS ATTORNEY GENERAL'S WEBSITE AND UPON WRITTEN REQUEST. LANTERN'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.