Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
EIN 20-3610425 • 501(c)4 • New York, NY
Profile
Hancock apartments housing development fund corporation was formed to develop, own and operate a housing project for low-income individuals and families.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
51st percentile
Higher debt load relative to revenue than 51% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
100th percentile
Higher top officer pay than 100% of similar nonprofits.
Top officer pay equals 171.7% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Assets
Down$4,650,325
Down $429,365 (-8.5%) from 2023
Liabilities
Up$1,339,647
Up $4,605 (+0.3%) from 2023
Net Assets
Down$3,310,678
Down $433,970 (-12%) from 2023
Revenue
Up$607,849
Up $32,323 (+5.6%) from 2023
Expenses
Up$1,041,923
Up $30,485 (+3.0%) from 2023
Net Income
Up-$434,074
Up $1,838 (+0.4%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Hancock apartments housing development fund corporation was formed to develop, own and operate a housing project for low-income individuals and families.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $4,541,106 | $4,139,921 | ▼ $401,185 |
| Prepaid Expenses and Deferred Charges | $95,649 | $105,477 | ▲ $9,828 |
| Accounts Receivable | $25,035 | $51,881 | ▲ $26,846 |
| Cash and Non-Interest-Bearing Accounts | $26,889 | $27,865 | ▲ $976 |
| Savings and Temporary Cash Investments | $13,091 | $15,175 | ▲ $2,084 |
| Intangible Assets | $6,157 | $5,964 | ▼ $193 |
| Total Assets | $5,079,690 | $4,650,325 | ▼ $429,365 |
| Other Assets Total | $371,763 | $304,042 | ▼ $67,721 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $771,127 | $739,911 | ▼ $31,216 |
| Other Liabilities | $294,666 | $328,607 | ▲ $33,941 |
| Accounts Payable and Accrued Expenses | $235,399 | $231,092 | ▼ $4,307 |
| Escrow Account Liability | $28,115 | $27,454 | ▼ $661 |
| Deferred Revenue | $5,735 | $12,583 | ▲ $6,848 |
| Total Liabilities | $1,335,042 | $1,339,647 | ▲ $4,605 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,744,648 | $3,310,678 | ▼ $433,970 |
| Total Net Assets Fund Balance | $3,744,648 | $3,310,678 | ▼ $433,970 |
| Total Liabilities and Net Assets / Fund Balance | $5,079,690 | $4,650,325 | ▼ $429,365 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $4,109,241 | $6,847,844 | $10,957,085 |
| Equipment | $30,676 | $66,308 | $96,984 |
| Land | $4 | - | $4 |
| Other Assets Org | $27,454 | - | - |
| Name | Title |
|---|---|
| Adam Weinstein | President/CEO |
| Matthew Kelly | Outgoing Vice President |
| Michael Wadman | Vice President |
| James Robert Pigott Jr | Vice President and Secreta |
| Lukeman Ogunyinka | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $892,412 |
| Salaries, Compensation, and Employee Benefits | $149,511 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $407,728 | - | - | $407,728 |
| Occupancy | $173,485 | - | - | $173,485 |
| Other Salaries and Wages | $110,397 | - | - | $110,397 |
| Interest | $51,059 | - | - | $51,059 |
| Fees for Services Management | - | $42,669 | - | $42,669 |
| Insurance | $29,261 | $3,935 | - | $33,196 |
| Other Employee Benefits | $25,513 | - | - | $25,513 |
| Fees for Services Legal | - | $18,844 | - | $18,844 |
| Other Expenses | $18,431 | - | - | $18,431 |
| Office Expenses | - | $15,646 | - | $15,646 |
| Fees for Services Accounting | - | $12,584 | - | $12,584 |
| All Other Expenses | - | $11,318 | - | $11,318 |
| Payroll Taxes | $8,935 | - | - | $8,935 |
| Pension Plan Contributions | $4,666 | - | - | $4,666 |
| Fees for Services Other | - | $4,487 | - | $4,487 |
| Total Functional Expenses | $932,440 | $109,483 | $0 | $1,041,923 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,041,923 |
| Total Expenses per Audited Statements | $1,041,923 |
| Total Expenses per Form 990 | $1,041,923 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Affiliates | $328,607 |
“Hancock place apartments housing development fund corporation has an agreement with phipps houses services, inc. ("phsi"), an affiliate of phipps, for the management of project operations.”
“The sole member of the organization is phipps houses, a related 501(c)(3) organization.”
“As the sole member of the organization, phipps houses has the right to elect the members of the organization's board of directors.”
“Under new york state law, certain governance decisions require membership approval”
“Certain members of the organization's governing body review the form 990 for accuracy of content and discuss as necessary.”
“Officers and directors must complete and certify annually a list of conflicts of interest.”
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”
“The compensation of the president, vice presidents, secretary and treasurer reflects their contributions to not only hancock place apartments housing development fund corporation but to all of its affiliated entities. On a consolidated basis, the phipps houses group has annual revenue of over $100 million and assets currently of almost $2 billion.”
“Other comprehensivpe incompe 104.”
“The escrow liability amounts on form 990, part x, line 21 consist of tenant security deposits.”
“The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to section 501(c)(4) of the internal revenue code and did not have any unrelated business income for the year ended december 31, 2024. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Management has analyzed the tax positions taken by the corporation and has concluded that december 31, 2024, as of, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2021 remain open.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 231092 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 25035 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 51881 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | HANCOCK APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED TO DEVELOP, OWN AND OPERATE A HOUSING PROJECT FOR LOW-INCOME INDIVIDUALS AND FAMILIES. |
| IRS990/AddressChangeInd | 0 | X |
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| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 11318 |
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| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 257 PARK AVENUE SOUTH 12TH FLOOR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10010 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 27865 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
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| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 1 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 4738 |
| IRS990/CYOtherExpensesAmt | 0 | 892412 |
| IRS990/CYOtherRevenueAmt | 0 | 29489 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 573622 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -434074 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 149511 |
| IRS990/CYTotalExpensesAmt | 0 | 1041923 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 607849 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 12583 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 407728 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 407728 |
| IRS990/Desc | 0 | TO PROVIDE LOW INCOME HOUSING TO 53 FAMILIES. |
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| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 27454 |
| IRS990/ExpenseAmt | 0 | 932440 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12584 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 18844 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 18844 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 42669 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 42669 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 4487 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 4487 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 321134 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT AND SECRETA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | OUTGOING VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2005 |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 33196 |
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| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 5964 |
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| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 11054073 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3310678 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3310678 |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 104 |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 25513 |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8935 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 4666 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 105477 |
| IRS990/PrincipalOfficerNm | 0 | ADAM WEINSTEIN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 573622 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
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| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4588 |
| IRS990/PYOtherExpensesAmt | 0 | 857321 |
| IRS990/PYOtherRevenueAmt | 0 | 9103 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 561835 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -435912 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 154117 |
| IRS990/PYTotalExpensesAmt | 0 | 1011438 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 575526 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -434074 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 603111 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 13091 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 15175 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 4109241 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 6847844 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 10957085 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 30676 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 66308 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 96984 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1041923 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 1 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 4 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 4 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 91374 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 128182 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 57032 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 27454 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | REPLACEMENT RESERVES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | SPECIAL RESERVE FUND |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | MORTGAGE ESCROW |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 328607 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO AFFILIATES |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 607849 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT DECEMBER 31, 2024, AS OF, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART IV, LINE 2B: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 4139921 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 304042 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1041923 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 328607 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 607849 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 607849 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1041923 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 150000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 59000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 42000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 3 | 60000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 713534 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 307981 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 279134 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 3 | 276041 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 4 | 241381 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 143252 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 56202 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 2 | 56202 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 4 | 56202 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 37189 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 31367 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 2 | 3235 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 3 | 9964 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 4 | 13877 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 3 | 21200 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ADAM WEINSTEIN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | JAMES ROBERT PIGOTT JR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | MICHAEL WADMAN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 3 | LUKEMAN OGUNYINKA |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 4 | MATTHEW KELLY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | VICE PRESIDENT AND SECRETA |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 4 | OUTGOING VICE PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 3 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 4 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 1043975 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 454550 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 2 | 380571 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 3 | 367205 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 4 | 311460 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | PHIPPS HOUSES, AN AFFILIATE OF THE REPORTING ORGANIZATION PAID COMPENSATION TO THE REPORTING ORGANIZATION'S TOP MANAGEMENT OFFICIAL. PHIPPS HOUSES HAS ESTABLISHED THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL USING COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 1 | ADAM WEINSTEIN, PRESIDENT, IS A PARTICIPANT IN A SECTION 457(F) PLAN THAT REQUIRES HIM TO PERFORM SERVICES FOR A PERIOD OF TIME. HE HAS RECEIVED ANNUAL AWARDS BEGINNING IN 2017 AND (CONSISTENT WITH IRS FORM 990, SCHEDULE J INSTRUCTIONS) THESE AMOUNTS ARE TREATED AS ACCRUED OR EARNED RATABLY OVER THE COURSE OF THE SERVICE PERIOD. $87,050 IS REPORTED AS EARNED DURING THE REPORTING PERIOD WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3 |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 4B |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 1 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | HANCOCK PLACE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION HAS AN AGREEMENT WITH PHIPPS HOUSES SERVICES, INC. ("PHSI"), AN AFFILIATE OF PHIPPS, FOR THE MANAGEMENT OF PROJECT OPERATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SOLE MEMBER OF THE ORGANIZATION IS PHIPPS HOUSES, A RELATED 501(C)(3) ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AS THE SOLE MEMBER OF THE ORGANIZATION, PHIPPS HOUSES HAS THE RIGHT TO ELECT THE MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | UNDER NEW YORK STATE LAW, CERTAIN GOVERNANCE DECISIONS REQUIRE MEMBERSHIP APPROVAL |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CERTAIN MEMBERS OF THE ORGANIZATION'S GOVERNING BODY REVIEW THE FORM 990 FOR ACCURACY OF CONTENT AND DISCUSS AS NECESSARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | OFFICERS AND DIRECTORS MUST COMPLETE AND CERTIFY ANNUALLY A LIST OF CONFLICTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | OTHER COMPREHENSIVPE INCOMPE 104. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE COMPENSATION OF THE PRESIDENT, VICE PRESIDENTS, SECRETARY AND TREASURER REFLECTS THEIR CONTRIBUTIONS TO NOT ONLY HANCOCK PLACE APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION BUT TO ALL OF ITS AFFILIATED ENTITIES. ON A CONSOLIDATED BASIS, THE PHIPPS HOUSES GROUP HAS ANNUAL REVENUE OF OVER $100 MILLION AND ASSETS CURRENTLY OF ALMOST $2 BILLION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
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