Civic Intelligence

351 East 61 Street Housing Development Fund Corporation C/O Met Council

990 • Fiscal year 2017 • EIN 13-4041459

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 12, 2018

77 Water Street 7th FloorNew York, NY 10005

(212) 453-9500

Siviq Scores

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

Liabilities / Assets

10th percentile

0.02x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

18th percentile

0.22x

Higher debt load relative to revenue than 18% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Net Margin

10th percentile

-51%

Higher net margin than 10% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$339,891

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 48.8% of source-year revenue.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Asset Growth

29th percentile

-3.3%

Faster asset growth than 29% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

23rd percentile

-2.2%

Faster revenue growth than 23% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$9,929,412

Down $338,795 (-3.3%) from 2016

Net Assets

Down

$9,779,331

Down $355,062 (-3.5%) from 2016

Liabilities

Up

$150,081

Up $16,267 (+12%) from 2016

Revenue

Down

$696,342

Down $15,696 (-2.2%) from 2016

Expenses

Up

$1,051,404

Up $11,935 (+1.1%) from 2016

Net Income

Down

-$355,062

Down $27,631 (-8.4%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $12,204,025Liabilities 2010: $161,463Net Assets 2010: $12,042,5622010Assets 2011: $11,877,620Liabilities 2011: $156,009Net Assets 2011: $11,721,6112011Assets 2012: $11,559,946Liabilities 2012: $170,500Net Assets 2012: $11,389,4462012Assets 2013: $11,319,856Liabilities 2013: $191,139Net Assets 2013: $11,128,7172013Assets 2014: $10,994,252Liabilities 2014: $150,395Net Assets 2014: $10,843,8572014Assets 2015: $10,658,304Liabilities 2015: $196,480Net Assets 2015: $10,461,8242015Assets 2016: $10,268,207Liabilities 2016: $133,814Net Assets 2016: $10,134,3932016Assets 2017: $9,929,412Liabilities 2017: $150,081Net Assets 2017: $9,779,3312017Assets 2018: $9,512,421Liabilities 2018: $123,804Net Assets 2018: $9,388,6172018Assets 2019: $9,158,394Liabilities 2019: $209,339Net Assets 2019: $8,949,0552019Assets 2020: $8,793,747Liabilities 2020: $322,058Net Assets 2020: $8,471,6892020Assets 2021: $8,463,578Liabilities 2021: $485,265Net Assets 2021: $7,978,3132021Assets 2022: $8,133,271Liabilities 2022: $723,725Net Assets 2022: $7,409,5462022Assets 2023: $8,230,387Liabilities 2023: $934,755Net Assets 2023: $7,295,6322023Assets 2024: $8,109,323Liabilities 2024: $1,364,380Net Assets 2024: $6,744,9432024

Highlighted filing

2017

Assets$9,929,412
Liabilities$150,081
Net Assets$9,779,331

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $881,5542010Expenses 2011: $976,0062011Expenses 2012: $1,000,1762012Revenue 2013: $700,612Expenses 2013: $961,340Net Income 2013: -$260,7282013Revenue 2014: $726,777Expenses 2014: $1,011,637Net Income 2014: -$284,8602014Revenue 2015: $678,683Expenses 2015: $1,060,716Net Income 2015: -$382,0332015Revenue 2016: $712,038Expenses 2016: $1,039,469Net Income 2016: -$327,4312016Revenue 2017: $696,342Expenses 2017: $1,051,404Net Income 2017: -$355,0622017Revenue 2018: $716,495Expenses 2018: $1,107,209Net Income 2018: -$390,7142018Revenue 2019: $718,943Expenses 2019: $1,158,505Net Income 2019: -$439,5622019Revenue 2020: $696,632Expenses 2020: $1,173,998Net Income 2020: -$477,3662020Revenue 2021: $658,762Expenses 2021: $1,152,138Net Income 2021: -$493,3762021Revenue 2022: $670,567Expenses 2022: $1,239,334Net Income 2022: -$568,7672022Revenue 2023: $1,045,540Expenses 2023: $1,159,454Net Income 2023: -$113,9142023Revenue 2024: $736,935Expenses 2024: $1,287,624Net Income 2024: -$550,6892024

Highlighted filing

2017

Revenue$696,342
Expenses$1,051,404
Net Income-$355,062
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 12, 2018
Return Version
2017v2.3
Gross Receipts
$696,342
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,406,712$9,090,416▼ $316,296
Savings and Temporary Cash Investments$549,040$504,276▼ $44,764
Prepaid Expenses and Deferred Charges$71,341$87,407▲ $16,066
Accounts Receivable$3,049$6,237▲ $3,188
Cash and Non-Interest-Bearing Accounts$200$200→ $0
Total Assets$10,268,207$9,929,412▼ $338,795
Other Assets Total$237,865$240,876▲ $3,011
Liabilities
Other Liabilities$67,177$75,597▲ $8,420
Accounts Payable and Accrued Expenses$65,254$72,917▲ $7,663
Deferred Revenue$1,383$1,567▲ $184
Total Liabilities$133,814$150,081▲ $16,267
Net Assets / Fund Balance
Unrestricted Net Assets$10,134,393$9,779,331▼ $355,062
Total Net Assets Fund Balance$10,134,393$9,779,331▼ $355,062
Total Liabilities and Net Assets / Fund Balance$10,268,207$9,929,412▼ $338,795

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,305,171$5,575,854$8,881,025
Land$5,775,000-$5,775,000
Equipment$10,245$56,192$66,437
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$690,022
Investment Income
$3,281
Other Revenue
$3,039
Change in Net Assets
$-355,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$696,342
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$696,342
Total Revenue per Form 990
$696,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,051,404
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$329,051--$329,051
Occupancy$239,049--$239,049
Fees for Services Management$222,072--$222,072
Insurance$24,758--$24,758
Office Expenses$24,727--$24,727
Fees for Services Accounting-$12,905-$12,905
Fees for Services Legal$10,047--$10,047
Other Expenses$1,035--$1,035
Fees for Services Other$374--$374
Total Functional Expenses$1,038,499$12,905$0$1,051,404

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,051,404
Total Expenses per Audited Statements$1,051,404
Total Expenses per Form 990$1,051,404
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
Security Deposits$55,647
Due to Affiliates$19,950
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 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
351 East 61 Street Housing Development
EIN
13-4041459
Phone
2124539500
Address
77 WATER STREET 7TH FLOOR, NEW YORK, NY 10005

Signing Officer

Name
David G Greenfield
Title
CEO
Phone
2124539500
Signed
2018-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David G Greenfield
Formed
1998
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

These financial statements do not reflect a provision for income taxes and the organization has no other tax positions which must be considered for disclosure. Informational returns filed by the organization 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 2014 remain open.

Raw XML AppendixShowing 400 of 793 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/BOYAmt065254
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt072917
IRS990/AccountsReceivableGrp/BOYAmt03049
IRS990/AccountsReceivableGrp/EOYAmt06237
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MATTHEW LOCURTO
IRS990/BooksInCareOfDetail/PhoneNum02124539500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 BROADWAY 7TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010271
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0200
IRS990/CashNonInterestBearingGrp/EOYAmt0200
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03281
IRS990/CYOtherExpensesAmt01051404
IRS990/CYOtherRevenueAmt03039
IRS990/CYProgramServiceRevenueAmt0690022
IRS990/CYRevenuesLessExpensesAmt0-355062
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01051404
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0696342
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01383
IRS990/DeferredRevenueGrp/EOYAmt01567
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0329051
IRS990/DepreciationDepletionGrp/TotalAmt0329051
IRS990/Desc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01038499
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012905
IRS990/FeesForServicesAccountingGrp/TotalAmt012905
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt010047
IRS990/FeesForServicesLegalGrp/TotalAmt010047
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0222072
IRS990/FeesForServicesManagementGrp/TotalAmt0222072
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0374
IRS990/FeesForServicesOtherGrp/TotalAmt0374
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt17.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt232.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt332.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt247811
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt334997
IRS990/Form990PartVIISectionAGrp/PersonNm0ABRAHAM BIDERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1BENJAMIN LOPATA
IRS990/Form990PartVIISectionAGrp/PersonNm2ALAN SCHOOR
IRS990/Form990PartVIISectionAGrp/PersonNm3MATTHEW LOCURTO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2292080
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3212345
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0696342
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt024758
IRS990/InsuranceGrp/TotalAmt024758
IRS990/InvestmentIncomeGrp/ExclusionAmt03281
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03281
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05632046
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09406712
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09090416
IRS990/LandBldgEquipCostOrOtherBssAmt014722462
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010134393
IRS990/NetAssetsOrFundBalancesEOYAmt09779331
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0239049
IRS990/OccupancyGrp/TotalAmt0239049
IRS990/OfficeExpensesGrp/ProgramServicesAmt024727
IRS990/OfficeExpensesGrp/TotalAmt024727
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0237865
IRS990/OtherAssetsTotalGrp/EOYAmt0240876
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SECURITY
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2LICENSES & PERMITS
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ProgramServicesAmt0149687
IRS990/OtherExpensesGrp/ProgramServicesAmt136206
IRS990/OtherExpensesGrp/ProgramServicesAmt21493
IRS990/OtherExpensesGrp/ProgramServicesAmt31035
IRS990/OtherExpensesGrp/TotalAmt0149687
IRS990/OtherExpensesGrp/TotalAmt136206
IRS990/OtherExpensesGrp/TotalAmt21493
IRS990/OtherExpensesGrp/TotalAmt31035
IRS990/OtherLiabilitiesGrp/BOYAmt067177
IRS990/OtherLiabilitiesGrp/EOYAmt075597
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING INCO
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02381
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1658
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02381
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1658
IRS990/OtherRevenueTotalAmt03039
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt071341
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt087407
IRS990/PrincipalOfficerNm0DAVID G GREENFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0690022
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0690022
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0638
IRS990/PYOtherExpensesAmt01039469
IRS990/PYOtherRevenueAmt016261
IRS990/PYProgramServiceRevenueAmt0695139
IRS990/PYRevenuesLessExpensesAmt0-327431
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01039469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0712038
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-355062
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0693061
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0549040
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0504276
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2013 AMOUNT: $ 5,298. 2014 AMOUNT: $ 2,892. 2015 AMOUNT: $ 350. 2016 AMOUNT: $ 12,374. 2017 AMOUNT: $ 658. LAUNDRY INCOME - 2013 AMOUNT: $ 2,381. 2014 AMOUNT: $ 2,381. 2015 AMOUNT: $ 2,381. 2016 AMOUNT: $ 2,381. 2017 AMOUNT: $ 2,381. CELLULAR TOWER INCOME - 2014 AMOUNT: $ 7,394. 2015 AMOUNT: $ 9,681. 2016 AMOUNT: $ 1,506.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03281
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0638
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01662
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0693
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0649
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0690022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0695139
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0664609
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0713417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0692284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03455471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03281
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0638
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01662
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0693
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06923
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03039
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt016261
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt012412
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt012667
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07679
IRS990ScheduleA/OtherIncome509Grp/TotalAmt052058
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98320
IRS990ScheduleA/PublicSupportPY509Pct00.97900
IRS990ScheduleA/PublicSupportTotal509Amt03455471
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0690022
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0695139
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0664609
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0713417
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0692284
IRS990ScheduleA/Total509Grp/TotalAmt03455471
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0696342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0712038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0678683
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0726777
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0700612
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03514452
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03305171
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05575854
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08881025
IRS990ScheduleD/EquipmentGrp/BookValueAmt010245
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056192
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt066437
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01051404
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05775000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05775000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055647
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0696342
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INFORMATIONAL RETURNS FILED BY THE ORGANIZATION 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 2014 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09090416
IRS990ScheduleD/TotalExpensesPerForm990Amt01051404
IRS990ScheduleD/TotalLiabilityAmt075597
IRS990ScheduleD/TotalRevenuePerForm990Amt0696342
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0696342
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01051404
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0290893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1212165
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04620
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt12813
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt043824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt132919
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt01187
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1180
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALAN SCHOOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MATTHEW LOCURTO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0340524
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1248077
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY COMMITTEE MEETINGS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS COMPLETE NYC VENDEX CONFLICT OF INTEREST FORM ANNUALLY. NO PURCHASES ARE ALLOWED FROM ANY BUSINESS AFFILIATED WITH EMPLOYEES OR BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0271111739
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1454877639
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0COUNCIL TOWERS VI GP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1COUNCIL TOWERS VII GP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt077 WATER STREET 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt177 WATER STREET 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010005
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110005
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0271111603
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1454830456
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0COUNCIL TOWERS VI LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1COUNCIL TOWERS VII LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt077 WATER STREET 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt177 WATER STREET 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1NEW YORK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.11$1.36$6.74$0.74$1.29$0.55
2023Detailed filing. Detailed filing data is available for this year.$8.23$0.93$7.30$1.05$1.16$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.13$0.72$7.41$0.67$1.24$0.57
2021Detailed filing. Detailed filing data is available for this year.$8.46$0.49$7.98$0.66$1.15$0.49
2020Detailed filing. Detailed filing data is available for this year.$8.79$0.32$8.47$0.70$1.17$0.48
2019Detailed filing. Detailed filing data is available for this year.$9.16$0.21$8.95$0.72$1.16$0.44
2018Detailed filing. Detailed filing data is available for this year.$9.51$0.12$9.39$0.72$1.11$0.39
2017Detailed filing. Detailed filing data is available for this year.$9.93$0.15$9.78$0.70$1.05$0.36
2016Detailed filing. Detailed filing data is available for this year.$10.3$0.13$10.1$0.71$1.04$0.33
2015Detailed filing. Detailed filing data is available for this year.$10.7$0.20$10.5$0.68$1.06$0.38
2014Detailed filing. Detailed filing data is available for this year.$11.0$0.15$10.8$0.73$1.01$0.28
2013Detailed filing. Detailed filing data is available for this year.$11.3$0.19$11.1$0.70$0.96$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.17$11.4$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.16$11.7$0.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.16$12.0$0.88