Civic Intelligence

The Mart Realty Holding Co

990 • Fiscal year 2016 • EIN 13-4007616

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

PO Box 5005New York, NY 10163-5005

(212) 648-0204

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2016 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

21st percentile

0.09x

Higher debt load relative to revenue than 21% of similar nonprofits.

2016 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2016

Net Margin

77th percentile

81%

Higher net margin than 77% of similar nonprofits.

2016 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2016

Asset Growth

69th percentile

1.6%

Faster asset growth than 69% of similar nonprofits.

2016 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

68th percentile

4.4%

Faster revenue growth than 68% of similar nonprofits.

2016 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$16,432,740

Up $252,644 (+1.6%) from 2015

Net Assets

Up

$16,214,892

Up $230,498 (+1.4%) from 2015

Liabilities

Up

$217,848

Up $22,146 (+11%) from 2015

Revenue

Up

$2,318,631

Up $98,089 (+4.4%) from 2015

Expenses

Up

$449,735

Up $22,164 (+5.2%) from 2015

Net Income

Up

$1,868,896

Up $75,925 (+4.2%) from 2015

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $15,543,876Liabilities 2011: $156,444Net Assets 2011: $15,387,4322011Assets 2012: $15,552,131Liabilities 2012: $148,794Net Assets 2012: $15,403,3372012Assets 2013: $15,887,085Liabilities 2013: $157,306Net Assets 2013: $15,729,7792013Assets 2014: $16,094,292Liabilities 2014: $237,115Net Assets 2014: $15,857,1772014Assets 2015: $16,180,096Liabilities 2015: $195,702Net Assets 2015: $15,984,3942015Assets 2016: $16,432,740Liabilities 2016: $217,848Net Assets 2016: $16,214,8922016Assets 2017: $16,587,806Liabilities 2017: $195,086Net Assets 2017: $16,392,7202017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$16,432,740
Liabilities$217,848
Net Assets$16,214,892

Operations Trend

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

$40M$30M$20M$10M$0Revenue 2011: $2,089,366Expenses 2011: $453,941Net Income 2011: $1,635,4252011Revenue 2012: $2,020,732Expenses 2012: $497,185Net Income 2012: $1,523,5472012Revenue 2013: $1,985,195Expenses 2013: $491,054Net Income 2013: $1,494,1412013Revenue 2014: $2,151,290Expenses 2014: $439,619Net Income 2014: $1,711,6712014Revenue 2015: $2,220,542Expenses 2015: $427,571Net Income 2015: $1,792,9712015Revenue 2016: $2,318,631Expenses 2016: $449,735Net Income 2016: $1,868,8962016Revenue 2017: $2,551,359Expenses 2017: $453,241Net Income 2017: $2,098,1182017Revenue 2018: $37,193,526Expenses 2018: $22,695,008Net Income 2018: $14,498,5182018

Highlighted filing

2016

Revenue$2,318,631
Expenses$449,735
Net Income$1,868,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.1
Gross Receipts
$2,318,631
Mission and Program Overview

Mission

SEE STATEMENT 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,455,326$14,434,838▼ $20,488
Pd in Cap Srpls Land Bldg Eqp Fund$14,016,660$14,018,885▲ $2,225
Rtn Earn Endowment Incm Other Fnds$1,967,734$2,196,007▲ $228,273
Intangible Assets$1,432,525$1,609,124▲ $176,599
Cash and Non-Interest-Bearing Accounts$231,149$388,004▲ $156,855
Accounts Receivable$17,476$0▼ $17,476
Prepaid Expenses and Deferred Charges$43,620$774▼ $42,846
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$16,180,096$16,432,740▲ $252,644
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$187,387$202,460▲ $15,073
Accounts Payable and Accrued Expenses$8,315$15,388▲ $7,073
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$195,702$217,848▲ $22,146
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,984,394$16,214,892▲ $230,498
Total Liabilities and Net Assets / Fund Balance$16,180,096$16,432,740▲ $252,644

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,553,295--
Other Land Buildings$97,612--
Land$4,783,931--
Compensation and Service Providers

Board Members and Trustees

NameTitle
See Statement 2See Statement 2

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,318,631
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,868,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$449,735
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
All Other Expenses$380,481--$380,481
Other Expenses$10,420--$10,420
Total Functional Expenses$449,735$0$0$449,735
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits Payable$148,200
Accrued Expenses$26,309
Other Liabilities$25,228
Accrued Insurance Expenses$2,723
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI

6) The Stockholders / Members are pension trusts described in and exempt from federal income tax under section 401 and 501 of the Internal Revenue Code of 1954. 7A) Members/ Stockholders hold annual elections for members of the governing body. 7B) The business of the corporation shall be managed by its Board of Directors or members. 8B) There are no committees or delegation of authority within the governing body. Decisions are made by the members of the governing body. 11b) The 990 is reviewed by the signer who is also a member of the governing body. 19) No documents are available to the public.

Filing and Contact Details

Filer

Filer Name
The Mart Realty Holding Co
EIN
13-4007616
In Care Of
% JOSEPH PISTONE
Phone
2126480204
Address
PO BOX 5005, NEW YORK, NY 10163-5005

Signing Officer

Name
Joseph Pistone
Title
Executive Director
Phone
2126480204
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Pistone
Formed
1998
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
300 MADISON AVENUE, NEW YORK, NY 10017
Preparer
Dmitriy Shamrakov
Phone
6464713000
Supplemental Narrative

Additional Explanations

Part XI

9) net contribution / (distribution) and FMV Adjustment: $ -1,638,398.

Form 990 Part IX Line 24 - Other Expenses

Description:repairs total expenses:28391 program services:28391

Form 990 Part IX Line 24 - Other Expenses

Description:taxes total expenses:215537 program services:215537

Form 990 Part IX Line 24 - Other Expenses

Description:utilities total expenses:25991 program services:25991

Form 990 Part IX Line 24 - Other Expenses

Description:property management fees total expenses:59600 program services:59600

Form 990 Part IX Line 24 - Other Expenses

Description:general & administrative total expenses:13090 program services:13090

Form 990 Part IX Line 24 - Other Expenses

Description:security total expenses:7064 program services:7064

Form 990 Part IX Line 24 - Other Expenses

Description:landscaping total expenses:30808 program services:30808

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt06) The Stockholders / Members are pension trusts described in and exempt from federal income tax under section 401 and 501 of the Internal Revenue Code of 1954. 7A) Members/ Stockholders hold annual elections for members of the governing body. 7B) The business of the corporation shall be managed by its Board of Directors or members. 8B) There are no committees or delegation of authority within the governing body. Decisions are made by the members of the governing body. 11b) The 990 is reviewed by the signer who is also a member of the governing body. 19) No documents are available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19) net contribution / (distribution) and FMV Adjustment: $ -1,638,398.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:REPAIRS TOTAL EXPENSES:28391 PROGRAM SERVICES:28391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:TAXES TOTAL EXPENSES:215537 PROGRAM SERVICES:215537
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:UTILITIES TOTAL EXPENSES:25991 PROGRAM SERVICES:25991
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:PROPERTY MANAGEMENT FEES TOTAL EXPENSES:59600 PROGRAM SERVICES:59600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION:GENERAL & ADMINISTRATIVE TOTAL EXPENSES:13090 PROGRAM SERVICES:13090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION:SECURITY TOTAL EXPENSES:7064 PROGRAM SERVICES:7064
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:LANDSCAPING TOTAL EXPENSES:30808 PROGRAM SERVICES:30808
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 24 - OTHER EXPENSES
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0111 N Canal Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11918 Eighth Avenue Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22700 Ellis Road Acquisition Corp
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt33801 PGA Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4401 East Las Olas Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5425 Boylan Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt64700 Nalle Woods Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt74S Ranch Apartment Holdings Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8555 11th Street Mezz Lender LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt97108 Fairway Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt107111 Fairway Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt117121 Fairway Acquisition Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12818 Stewart Street Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13Amalfi Apartment Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14AT Industrial Owner Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15Avenel Realty Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16Batavia Acquisition Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt17Borders Industrial Acquisition Corporati
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt18Broadpine Realty Holding Company Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt19Cape May Harveston Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt20City Center Residential LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt21City Centre Residential Realty Company L
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt22Domain CC Phase II Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt23Domain CC Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt24Eight Corporate Centre Acquisition Compa
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt25Elizabeth Square Acquisition Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt26Equinox Apartment Holdings LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt27Esplanade Apartments Holding Company
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt28FG SPF Fullerton Acquisition LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt29Five Corporate Centre Acquisition Compan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt30Forest Drive Research Park Acquisition C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt31Four Corporate Centre Acquisition Compan
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt32Gaslight Commons Realty Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt33Gateway 673 Realty Company LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt34Gateway Commerce Westway LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt35Industrial Acquisition Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt36Inland Empire Realty Holding Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt37Internationale Centre Property Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt38Koala Miami Realty Holding Co Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt39Lakemont Industrial Holding Company

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