Civic Intelligence

Fac Restore Housing Development Fund Corporation

990 • Fiscal year 2023 • EIN 20-2896988

Jul 01, 2022 to Jun 30, 2023 • Filed on Jul 12, 2023

Organization ProfileNA
621 Degraw StreetBrooklyn, NY 11217

(718) 237-2017

Siviq Scores

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

Liabilities / Assets

81st percentile

1.41x

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

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

10.37x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Net Margin

27th percentile

-26%

Higher net margin than 27% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

80th percentile

$243,845

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 50.5% of source-year revenue.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Asset Growth

49th percentile

-1.7%

Faster asset growth than 49% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

7.5%

Faster revenue growth than 63% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$3,553,659

Down $61,205 (-1.7%) from 2022

Net Assets

Down

-$1,452,899

Down $105,427 (-7.8%) from 2022

Liabilities

Up

$5,006,558

Up $44,222 (+0.9%) from 2022

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin27th percentile

Revenue

Up

$482,782

Up $33,642 (+7.5%) from 2022

Expenses

Up

$606,951

Up $46,484 (+8.3%) from 2022

Net Income

Down

-$124,169

Down $12,842 (-12%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,486,510Liabilities 2011: $5,460,985Net Assets 2011: $25,5252011Assets 2012: $5,321,685Liabilities 2012: $5,437,449Net Assets 2012: -$115,7642012Assets 2013: $5,187,159Liabilities 2013: $5,403,042Net Assets 2013: -$215,8832013Assets 2014: $4,969,968Liabilities 2014: $5,320,889Net Assets 2014: -$350,9212014Assets 2015: $4,803,827Liabilities 2015: $5,283,538Net Assets 2015: -$479,7112015Assets 2016: $4,638,228Liabilities 2016: $5,227,178Net Assets 2016: -$588,9502016Assets 2017: $4,517,809Liabilities 2017: $5,189,618Net Assets 2017: -$671,8092017Assets 2018: $4,354,874Liabilities 2018: $5,146,160Net Assets 2018: -$791,2862018Assets 2019: $4,156,879Liabilities 2019: $5,098,094Net Assets 2019: -$941,2152019Assets 2020: $4,015,566Liabilities 2020: $5,065,205Net Assets 2020: -$1,049,6392020Assets 2021: $3,776,043Liabilities 2021: $5,012,188Net Assets 2021: -$1,236,1452021Assets 2022: $3,614,864Liabilities 2022: $4,962,336Net Assets 2022: -$1,347,4722022Assets 2023: $3,553,659Liabilities 2023: $5,006,558Net Assets 2023: -$1,452,8992023Assets 2024: $3,563,741Liabilities 2024: $5,191,446Net Assets 2024: -$1,627,7052024

Highlighted filing

2023

Assets$3,553,659
Liabilities$5,006,558
Net Assets-$1,452,899
Open 2023 Filing

Operations Trend

Revenue Growth63rd percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $334,794Expenses 2011: $494,288Net Income 2011: -$159,4942011Revenue 2012: $339,065Expenses 2012: $480,354Net Income 2012: -$141,2892012Revenue 2013: $349,693Expenses 2013: $449,812Net Income 2013: -$100,1192013Revenue 2014: $349,725Expenses 2014: $484,763Net Income 2014: -$135,0382014Revenue 2015: $380,498Expenses 2015: $509,288Net Income 2015: -$128,7902015Revenue 2016: $390,166Expenses 2016: $499,405Net Income 2016: -$109,2392016Revenue 2017: $422,028Expenses 2017: $504,887Net Income 2017: -$82,8592017Revenue 2018: $405,448Expenses 2018: $524,925Net Income 2018: -$119,4772018Revenue 2019: $404,796Expenses 2019: $554,725Net Income 2019: -$149,9292019Revenue 2020: $443,308Expenses 2020: $551,732Net Income 2020: -$108,4242020Revenue 2021: $425,757Expenses 2021: $612,263Net Income 2021: -$186,5062021Revenue 2022: $449,140Expenses 2022: $560,467Net Income 2022: -$111,3272022Revenue 2023: $482,782Expenses 2023: $606,951Net Income 2023: -$124,1692023Revenue 2024: $466,009Expenses 2024: $607,059Net Income 2024: -$141,0502024

Highlighted filing

2023

Revenue$482,782
Expenses$606,951
Net Income-$124,169
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jul 12, 2023
Return Version
2022v5.0
Gross Receipts
$482,782
Mission and Program Overview

Mission

The mission of the organization is to own and operate 5 apartment buildings housing qualified low income individuals in the brooklyn, new york area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,330,611$3,205,463▼ $125,148
Savings and Temporary Cash Investments$154,554$166,059▲ $11,505
Cash and Non-Interest-Bearing Accounts$33,472$63,880▲ $30,408
Accounts Receivable$7,467$17,427▲ $9,960
Prepaid Expenses and Deferred Charges$4,277$4,361▲ $84
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,614,864$3,553,659▼ $61,205
Other Assets Total$84,483$96,469▲ $11,986
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,909,685$4,856,234▼ $53,451
Accounts Payable and Accrued Expenses$22,528$124,730▲ $102,202
Other Liabilities$20,611$21,063▲ $452
Deferred Revenue$9,512$4,531▼ $4,981
Total Liabilities$4,962,336$5,006,558▲ $44,222
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,347,472$-1,452,899▼ $105,427
Total Net Assets Fund Balance$-1,347,472$-1,452,899▼ $105,427
Total Liabilities and Net Assets / Fund Balance$3,614,864$3,553,659▼ $61,205

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,773,966$2,738,946$5,512,912
Land$431,497-$431,497
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Dany CunninghamPresident
Michelle De La UzSecretary
Jay MarcusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$477,148
Investment Income
$382
Other Revenue
$5,252
Change in Net Assets
$-124,169
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$606,951
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$199,915--$199,915
Payments to Affiliates$49,381$43,964-$93,345
Interest$64,534--$64,534
Insurance-$34,123-$34,123
All Other Expenses$20,009$6,947-$26,956
Other Expenses$15,929--$15,929
Fees for Services Legal-$8,073-$8,073
Fees for Services Accounting-$7,500-$7,500
Information Technology-$3,898-$3,898
Office Expenses-$3,093-$3,093
Total Functional Expenses$499,353$107,598$0$606,951
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Tenant Security Payable$21,063
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Bookkeeping, accounting, management reporting, coordinate efforts with the outside auditor, maintain the common elements of the property, manage tenant issues and other projects on an as needed basis.”

Form 990, Part VI, Section A, Line 7B

“Major decisions are discussed and voted upon by board members. At times, the board members seek the opinions of the management company, lawyers, outside auditor and others in the decision making process.”

Form 990, Part VI, Section A, Line 8B

“The organization has not established formal sub committees.”

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

“The outside auditor prepares a draft set of tax returns to be reviewed by the management company. Corrections and edits are discussed and made, if necessary. An officer of the organization reviews the tax returns as well. The outside auditor prepares a final set of tax returns for signature.”

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

“The organization has adopted the conflict of interest policy as used by the sponsor/manager of the organization which is a 501(c)(3). The director of finance & it of the management company is responsible for financial relationships between the organization and other entities. If a potential conflict of interest issue arises, the director of fiannce & it for fac addresses this matter with the director of property management for resolution. At times, the management company consults with the outside auditor about potential conflicts.”

Form 990, Part VI, Section C, Line 19

“Upon request, the organization provides copies of its governing documents, policies and audited financial statements.”

Filing and Contact Details

Filer

Filer Name
Fac Restore Housing Development
EIN
20-2896988
Phone
7182372017
Address
621 DEGRAW STREET, BROOKLYN, NY 11217

Signing Officer

Name
Michelle De La Uz
Title
Secretary
Phone
9142353600
Signed
2023-07-12
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Rob Goldman CPA Mba Pllc
Address
82 Howard Avenue, Eastchester, NY 10709
Preparer
Rob Goldman CPA Mba
Phone
9142353600
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0166059
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IRS990ScheduleD/BuildingsGrp/BookValueAmt02773966
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02738946
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05512912
IRS990ScheduleD/LandGrp/BookValueAmt0431497
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0431497
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03205463
IRS990ScheduleD/TotalLiabilityAmt021063
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0133888
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1233154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06689
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt110647
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAY MARCUS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHELLE DE LA UZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0168989
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1243845
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKKEEPING, ACCOUNTING, MANAGEMENT REPORTING, COORDINATE EFFORTS WITH THE OUTSIDE AUDITOR, MAINTAIN THE COMMON ELEMENTS OF THE PROPERTY, MANAGE TENANT ISSUES AND OTHER PROJECTS ON AN AS NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MAJOR DECISIONS ARE DISCUSSED AND VOTED UPON BY BOARD MEMBERS. AT TIMES, THE BOARD MEMBERS SEEK THE OPINIONS OF THE MANAGEMENT COMPANY, LAWYERS, OUTSIDE AUDITOR AND OTHERS IN THE DECISION MAKING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NOT ESTABLISHED FORMAL SUB COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OUTSIDE AUDITOR PREPARES A DRAFT SET OF TAX RETURNS TO BE REVIEWED BY THE MANAGEMENT COMPANY. CORRECTIONS AND EDITS ARE DISCUSSED AND MADE, IF NECESSARY. AN OFFICER OF THE ORGANIZATION REVIEWS THE TAX RETURNS AS WELL. THE OUTSIDE AUDITOR PREPARES A FINAL SET OF TAX RETURNS FOR SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS ADOPTED THE CONFLICT OF INTEREST POLICY AS USED BY THE SPONSOR/MANAGER OF THE ORGANIZATION WHICH IS A 501(C)(3). THE DIRECTOR OF FINANCE & IT OF THE MANAGEMENT COMPANY IS RESPONSIBLE FOR FINANCIAL RELATIONSHIPS BETWEEN THE ORGANIZATION AND OTHER ENTITIES. IF A POTENTIAL CONFLICT OF INTEREST ISSUE ARISES, THE DIRECTOR OF FIANNCE & IT FOR FAC ADDRESSES THIS MATTER WITH THE DIRECTOR OF PROPERTY MANAGEMENT FOR RESOLUTION. AT TIMES, THE MANAGEMENT COMPANY CONSULTS WITH THE OUTSIDE AUDITOR ABOUT POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST, THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112475743
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ADVANCE ECONOMIC, SOCIAL, RACIAL JUSTICE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011217
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt093345
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03614864
IRS990/TotalAssetsEOYAmt03553659
IRS990/TotalAssetsGrp/BOYAmt03614864
IRS990/TotalAssetsGrp/EOYAmt03553659
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0107598
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0499353
IRS990/TotalFunctionalExpensesGrp/TotalAmt0606951
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04962336
IRS990/TotalLiabilitiesEOYAmt05006558
IRS990/TotalLiabilitiesGrp/BOYAmt04962336
IRS990/TotalLiabilitiesGrp/EOYAmt05006558
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1347472
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1452899
IRS990/TotalOtherCompensationAmt045792
IRS990/TotalProgramServiceExpensesAmt0499353
IRS990/TotalProgramServiceRevenueAmt0477148
IRS990/TotalRevenueGrp/ExclusionAmt0382
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0482400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0482782
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03614864
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03553659
IRS990/TotReportableCompRltdOrgAmt0367042
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011217
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE DE LA UZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum09142353600
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAC RESTORE HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FACR
ReturnHeader/Filer/EIN0202896988
ReturnHeader/Filer/PhoneNum07182372017
ReturnHeader/Filer/USAddress/AddressLine1Txt0621 DEGRAW STREET
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011217
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134180553
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROB GOLDMAN CPA MBA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt082 Howard Avenue

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,553,659
Liabilities
$5,006,558
Net assets
-$1,452,899
Revenue
$482,782
Expenses
$606,951
Net income
-$124,169
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$5.19$1.63$0.47$0.61$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.55$5.01$1.45$0.48$0.61$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$4.96$1.35$0.45$0.56$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$5.01$1.24$0.43$0.61$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$5.07$1.05$0.44$0.55$0.11
2019Summary only. Only limited summary data is available for this year.$4.16$5.10$0.94$0.40$0.55$0.15
2018Summary only. Only limited summary data is available for this year.$4.35$5.15$0.79$0.41$0.52$0.12
2017Summary only. Only limited summary data is available for this year.$4.52$5.19$0.67$0.42$0.50$0.08
2016Summary only. Only limited summary data is available for this year.$4.64$5.23$0.59$0.39$0.50$0.11
2015Summary only. Only limited summary data is available for this year.$4.80$5.28$0.48$0.38$0.51$0.13
2014Summary only. Only limited summary data is available for this year.$4.97$5.32$0.35$0.35$0.48$0.14
2013Summary only. Only limited summary data is available for this year.$5.19$5.40$0.22$0.35$0.45$0.10
2012Summary only. Only limited summary data is available for this year.$5.32$5.44$0.12$0.34$0.48$0.14
2011Summary only. Only limited summary data is available for this year.$5.49$5.46$0.03$0.33$0.49$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)4 • $1M-$5M nonprofits