Civic Intelligence

Restored Homes Housing Development Fund Corporation

990 • Fiscal year 2021 • EIN 20-3853610

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileWWW.NEIGHBORHOODRESTORE.ORG

Refreshing map…

150 Broadway Suite 2101New York, NY 10038

(212) 584-8981

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$19,539,526

Flat from 2021

Net Assets

Flat

-$2,263,566

Flat from 2021

Liabilities

Flat

$21,803,092

Flat from 2021

Revenue And Expenses

Revenue

Flat

$472,260

Flat from 2021

Expenses

Flat

$594,571

Flat from 2021

Net Income

Flat

-$122,311

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $21,222,444Liabilities 2011: $22,578,426Net Assets 2011: -$1,355,9822011Assets 2012: $16,508,419Liabilities 2012: $19,960,105Net Assets 2012: -$3,451,6862012Assets 2013: $12,445,860Liabilities 2013: $17,769,471Net Assets 2013: -$5,323,6112013Assets 2014: $12,448,646Liabilities 2014: $17,611,136Net Assets 2014: -$5,162,4902014Assets 2015: $11,987,365Liabilities 2015: $17,505,046Net Assets 2015: -$5,517,6812015Assets 2016: $15,866,475Liabilities 2016: $21,401,074Net Assets 2016: -$5,534,5992016Assets 2017: $15,531,393Liabilities 2017: $21,120,186Net Assets 2017: -$5,588,7932017Assets 2018: $21,672,198Liabilities 2018: $21,264,145Net Assets 2018: $408,0532018Assets 2019: $20,544,476Liabilities 2019: $21,905,274Net Assets 2019: -$1,360,7982019Assets 2020: $19,654,734Liabilities 2020: $21,795,988Net Assets 2020: -$2,141,2542020Assets 2021: $19,539,526Liabilities 2021: $21,803,092Net Assets 2021: -$2,263,5662021Assets 2021: $19,539,526Liabilities 2021: $21,803,092Net Assets 2021: -$2,263,5662021Assets 2022: $18,974,158Liabilities 2022: $21,350,812Net Assets 2022: -$2,376,6542022Assets 2023: $19,083,678Liabilities 2023: $21,120,082Net Assets 2023: -$2,036,4042023Assets 2024: $16,158,584Liabilities 2024: $21,237,491Net Assets 2024: -$5,078,9072024

Highlighted filing

2021

Assets$19,539,526
Liabilities$21,803,092
Net Assets-$2,263,566
Open 2021 Filing

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,267,205Expenses 2011: $5,497,409Net Income 2011: -$1,230,2042011Revenue 2012: $4,220,274Expenses 2012: $6,315,978Net Income 2012: -$2,095,7042012Revenue 2013: $1,634,251Expenses 2013: $3,506,176Net Income 2013: -$1,871,9252013Revenue 2014: $864,882Expenses 2014: $703,761Net Income 2014: $161,1212014Revenue 2015: $484,195Expenses 2015: $839,386Net Income 2015: -$355,1912015Revenue 2016: $371,541Expenses 2016: $388,459Net Income 2016: -$16,9182016Revenue 2017: $374,788Expenses 2017: $491,720Net Income 2017: -$116,9322017Revenue 2018: $6,565,343Expenses 2018: $568,497Net Income 2018: $5,996,8462018Revenue 2019: $1,366,196Expenses 2019: $3,135,047Net Income 2019: -$1,768,8512019Revenue 2020: $839,041Expenses 2020: $1,619,497Net Income 2020: -$780,4562020Revenue 2021: $472,260Expenses 2021: $594,571Net Income 2021: -$122,3112021Revenue 2021: $472,260Expenses 2021: $594,571Net Income 2021: -$122,3112021Revenue 2022: $1,221,445Expenses 2022: $1,334,533Net Income 2022: -$113,0882022Revenue 2023: $1,391,758Expenses 2023: $1,051,508Net Income 2023: $340,2502023Revenue 2024: $1,297,050Expenses 2024: $4,339,553Net Income 2024: -$3,042,5032024

Highlighted filing

2021

Revenue$472,260
Expenses$594,571
Net Income-$122,311
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$472,260
Mission and Program Overview

Mission

The corporation is organized exclusively for the purpose of preserving and creating, on a non-profit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities, it seeks to prevent and eliminate blight and foster the stabilization of communities throughout new york city.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$16,032,953$12,740,398▼ $3,292,555
Cash and Non-Interest-Bearing Accounts$954,640$1,055,386▲ $100,746
Prepaid Expenses and Deferred Charges$7,864$4,793▼ $3,071
Total Assets$19,654,734$19,539,526▼ $115,208
Other Assets Total$2,659,277$5,738,949▲ $3,079,672
Liabilities
Other Liabilities$21,785,488$21,791,912▲ $6,424
Accounts Payable and Accrued Expenses$10,500$11,180▲ $680
Total Liabilities$21,795,988$21,803,092▲ $7,104
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,688,983$3,616,670▼ $72,313
Net Assets Without Donor Restrictions$-5,830,237$-5,880,236▼ $49,999
Total Net Assets Fund Balance$-2,141,254$-2,263,566▼ $122,312
Total Liabilities and Net Assets / Fund Balance$19,654,734$19,539,526▼ $115,208

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$873--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MR SALVATORE D'AVOLAAssistant SecretaryPT$18,024$1,672$19,696

Board Members and Trustees

NameTitle
Mr Brian SegelPresident
Mr Nicholas LemboVice President
Jane SilvermanDirector
Ms Christie PealeDirector
Ms Jessica YagerDirector
Ms Kimberly DargaDirector
Mr Richard PinnerAssistant Secretary
Ms Lydia TomSecretary
Ms Valerie WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,750
Program Service Revenue
$358,645
Investment Income
$29,865
Other Revenue
$0
All Other Contributions
$83,750
Change in Net Assets
$-122,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$432,911
Other Expenses$161,660
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$301,498$24,920-$326,418
Other Employee Benefits$53,914$6,774-$60,688
Occupancy$42,429$5,330-$47,759
Payroll Taxes$24,680$3,101-$27,781
Current Officers, Directors, Trustees, and Key Employees$4,506$13,518-$18,024
Insurance$14,940$987-$15,927
Fees for Services Legal-$12,750-$12,750
Fees for Services Accounting-$11,180-$11,180
Travel$10,811--$10,811
Fees for Services Other$8,606$77-$8,683
Other Expenses$2,270$285-$2,555
Office Expenses$2,233$281-$2,514
Total Functional Expenses$513,965$80,606$0$594,571
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
Notes Payable$20,813,882
Payable to Neighborhood Restore Hdfc$871,783
Payable to Hpd$280,824
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The form 990 and appropriate schedules, as required, is prepared by outside accountants and reviewed internally by management and counsel, at which time it is considered the final draft. The final draft of the form 990 is made available to the board prior to it being filed with the irs.”

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

“Disclosure in accordance with the conflict of interest policy by employees and board members that satisify the criteria to be considered "interested persons' is submitted upon hiring and annually thereafter. The audit and compliance committee reviews the submissions for conflicts and the office of the compliance officer manages the process.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Restored Homes Housing Development Fund
EIN
20-3853610
Phone
2125848981
Address
150 BROADWAY SUITE 2101, NEW YORK, NY 10038

Signing Officer

Name
MR SALVATORE D'AVOLA
Title
Assistant Secretary
Phone
2125848981
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MR SALVATORE D'AVOLA
Formed
2005
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Mitchell & Titus Llp
Address
80 PINE STREET, NEW YORK, NY 10005
Preparer
Frederick E Davis Jr
Phone
2127094500
Supplemental Narrative

Additional Explanations

FORM 990, PART III ORGANIZATION'S MISSION STATEMENT

“Form 990 - organization's mission the corporation is organized exclusively for the purpose of preserving and creating, on a non-profit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities, it seeks to prevent and eliminate blight and foster the stabilization of communities throughout new york city. Form 990, part vi, line 11b - organization's process to review form 990 copy of form 990 is provided to the board before filing. Form 990, part vi, line 12c - enforcement of conflicts policy yes, by following procedure outlined in the policy statement. Form 990, part vi, line 19 - governing documents disclosure explanation documents available to the public upon written request.”

Financial Statement Notes

PART X, LINE 2:

“Management believes it has no material uncertain tax positions and accordingly, it has not recognized any liability for unrecognized tax benefits”

Raw XML AppendixShowing 400 of 528 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/BOYAmt010500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011180
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE SCHEDULE O
IRS990/AllOtherContributionsAmt083750
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ACCOUNTANT-RH HDFC
IRS990/BooksInCareOfDetail/PhoneNum02125848981
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 BROADWAY SUITE 2101
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010038
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0954640
IRS990/CashNonInterestBearingGrp/EOYAmt01055386
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013518
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt04506
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt018024
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt083750
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt029865
IRS990/CYOtherExpensesAmt0161660
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0358645
IRS990/CYRevenuesLessExpensesAmt0-122311
IRS990/CYSalariesCompEmpBnftPaidAmt0432911
IRS990/CYTotalExpensesAmt0594571
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0472260
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. DURING THE YEAR, THE ORGANIZATION PROVIDED CONSTRUCTION MANAGEMENT AND MARKETING/SALES OF A NUMBER OF AFFORDABLE HOUSING PROJECTS IN NYC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03688983
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03616670
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0513965
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011180
IRS990/FeesForServicesAccountingGrp/TotalAmt011180
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012750
IRS990/FeesForServicesLegalGrp/TotalAmt012750
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt077
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08606
IRS990/FeesForServicesOtherGrp/TotalAmt08683
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt822295
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MR BRIAN SEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm1MR NICHOLAS LEMBO
IRS990/Form990PartVIISectionAGrp/PersonNm2MS LYDIA TOM
IRS990/Form990PartVIISectionAGrp/PersonNm3MS VALERIE WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm4MS JESSICA YAGER
IRS990/Form990PartVIISectionAGrp/PersonNm5MS CHRISTIE PEALE
IRS990/Form990PartVIISectionAGrp/PersonNm6MS KIMBERLY DARGA
IRS990/Form990PartVIISectionAGrp/PersonNm7JANE SILVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MR SALVATORE D'AVOLA
IRS990/Form990PartVIISectionAGrp/PersonNm9MR RICHARD PINNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt818024
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8222364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0472260
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0987
IRS990/InsuranceGrp/ProgramServicesAmt014940
IRS990/InsuranceGrp/TotalAmt015927
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt029865
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029865
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-2141254
IRS990/NetAssetsOrFundBalancesEOYAmt0-2263566
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-5830237
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5880236
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05330
IRS990/OccupancyGrp/ProgramServicesAmt042429
IRS990/OccupancyGrp/TotalAmt047759
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0281
IRS990/OfficeExpensesGrp/ProgramServicesAmt02233
IRS990/OfficeExpensesGrp/TotalAmt02514
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02659277
IRS990/OtherAssetsTotalGrp/EOYAmt05738949
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06774
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053914
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060688
IRS990/OtherExpensesGrp/Desc0PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL & REPA
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01028
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1375
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2285
IRS990/OtherExpensesGrp/ProgramServicesAmt036910
IRS990/OtherExpensesGrp/ProgramServicesAmt18184
IRS990/OtherExpensesGrp/ProgramServicesAmt22984
IRS990/OtherExpensesGrp/ProgramServicesAmt32270
IRS990/OtherExpensesGrp/TotalAmt036910
IRS990/OtherExpensesGrp/TotalAmt19212
IRS990/OtherExpensesGrp/TotalAmt23359
IRS990/OtherExpensesGrp/TotalAmt32555
IRS990/OtherLiabilitiesGrp/BOYAmt021785488
IRS990/OtherLiabilitiesGrp/EOYAmt021791912
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024920
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0301498
IRS990/OtherSalariesAndWagesGrp/TotalAmt0326418
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03101
IRS990/PayrollTaxesGrp/ProgramServicesAmt024680
IRS990/PayrollTaxesGrp/TotalAmt027781
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07864
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04793
IRS990/PrincipalOfficerNm0MR SALVATORE D'AVOLA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING FEE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0209382
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1149263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0209382
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1149263
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0108500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt056321
IRS990/PYOtherExpensesAmt01130637
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0674220
IRS990/PYRevenuesLessExpensesAmt0-780456
IRS990/PYSalariesCompEmpBnftPaidAmt0488860
IRS990/PYTotalExpensesAmt01619497
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0839041
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-122311
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0388510
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016032953
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012740398
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0521231931
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1133030229
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ENTERPRISE COMMUNITY PARTNERS INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1LOCAL INITIATIVES SUPPORT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05738076
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1873
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LOANS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PAYABLE TO RESTORING URBAN NEIGHBORHOOD LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0280824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120813882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2871783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO HPD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYABLE TO NEIGHBORHOOD RESTORE HDFC
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05738949
IRS990ScheduleD/TotalLiabilityAmt021966489
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt018024
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0222364
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt01672
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt020623
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MR SALVATORE D'AVOLA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0ASSISTANT SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt019696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0242987
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 AND APPROPRIATE SCHEDULES, AS REQUIRED, IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED INTERNALLY BY MANAGEMENT AND COUNSEL, AT WHICH TIME IT IS CONSIDERED THE FINAL DRAFT. THE FINAL DRAFT OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO IT BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCLOSURE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY BY EMPLOYEES AND BOARD MEMBERS THAT SATISIFY THE CRITERIA TO BE CONSIDERED "INTERESTED PERSONS' IS SUBMITTED UPON HIRING AND ANNUALLY THEREAFTER. THE AUDIT AND COMPLIANCE COMMITTEE REVIEWS THE SUBMISSIONS FOR CONFLICTS AND THE OFFICE OF THE COMPLIANCE OFFICER MANAGES THE PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 - ORGANIZATION'S MISSION THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. IN ADDITION TO PROMOTING AFFORDABLE HOUSING OPPORTUNITIES, IT SEEKS TO PREVENT AND ELIMINATE BLIGHT AND FOSTER THE STABILIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY. FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 COPY OF FORM 990 IS PROVIDED TO THE BOARD BEFORE FILING. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY YES, BY FOLLOWING PROCEDURE OUTLINED IN THE POLICY STATEMENT. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART III ORGANIZATION'S MISSION STATEMENT
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEIGHBORHOOD RESTORE HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1RESTORING URBAN NEIGHBORHOODS LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2PRESERVING CITY NEIGHBORHOODS HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3PROJECT REBUILD INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0454252738
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1264577399
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2274688153
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3464340949
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RE DEVELOP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1RE DEVELOP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2RE DEVELOP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,539,526
Liabilities
$21,803,092
Net assets
-$2,263,566
Revenue
$472,260
Expenses
$594,571
Net income
-$122,311
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$21.2$5.08$1.30$4.34$3.04
2023Summary only. Only limited summary data is available for this year.$19.1$21.1$2.04$1.39$1.05$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$21.4$2.38$1.22$1.33$0.11
2021Detailed filing. Detailed filing data is available for this year.$19.5$21.8$2.26$0.47$0.59$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.5$21.8$2.26$0.47$0.59$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.7$21.8$2.14$0.84$1.62$0.78
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$21.9$1.36$1.37$3.14$1.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.7$21.3$0.41$6.57$0.57$6.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$21.1$5.59$0.37$0.49$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$21.4$5.53$0.37$0.39$0.02
2015Detailed filing. Detailed filing data is available for this year.$12.0$17.5$5.52$0.48$0.84$0.36
2014Detailed filing. Detailed filing data is available for this year.$12.4$17.6$5.16$0.86$0.70$0.16
2013Summary only. Only limited summary data is available for this year.$12.4$17.8$5.32$1.63$3.51$1.87
2012Summary only. Only limited summary data is available for this year.$16.5$20.0$3.45$4.22$6.32$2.10
2011Summary only. Only limited summary data is available for this year.$21.2$22.6$1.36$4.27$5.50$1.23