Civic Intelligence

130 29Th Street Housing Developmentfund Corporation

990 • Fiscal year 2021 • EIN 20-4732803

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 01, 2021

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

77th percentile

1.41x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

13.73x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Net Margin

9th percentile

-64%

Higher net margin than 9% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

84th percentile

$204,480

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 205.6% of source-year revenue.

2021 filings • NTEE L • $500k-$1M nonprofits • Source year 2021

Asset Growth

16th percentile

-6.2%

Faster asset growth than 16% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

2.8%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$966,374

Down $64,071 (-6.2%) from 2020

Net Assets

Down

-$399,459

Down $63,877 (-19%) from 2020

Liabilities

Down

$1,365,833

Down $194 (-0.0%) from 2020

Revenue

Up

$99,475

Up $2,711 (+2.8%) from 2020

Expenses

Up

$163,352

Up $24,195 (+17%) from 2020

Net Income

Down

-$63,877

Down $21,484 (-51%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,253,022Liabilities 2011: $1,364,290Net Assets 2011: -$111,2682011Assets 2012: $1,235,225Liabilities 2012: $1,367,705Net Assets 2012: -$132,4802012Assets 2013: $1,198,220Liabilities 2013: $1,368,775Net Assets 2013: -$170,5552013Assets 2014: $1,176,802Liabilities 2014: $1,363,642Net Assets 2014: -$186,8402014Assets 2015: $1,154,017Liabilities 2015: $1,363,727Net Assets 2015: -$209,7102015Assets 2016: $1,147,712Liabilities 2016: $1,363,956Net Assets 2016: -$216,2442016Assets 2017: $1,129,233Liabilities 2017: $1,364,927Net Assets 2017: -$235,6942017Assets 2018: $1,123,677Liabilities 2018: $1,370,035Net Assets 2018: -$246,3582018Assets 2019: $1,071,167Liabilities 2019: $1,364,356Net Assets 2019: -$293,1892019Assets 2020: $1,030,445Liabilities 2020: $1,366,027Net Assets 2020: -$335,5822020Assets 2021: $966,374Liabilities 2021: $1,365,833Net Assets 2021: -$399,4592021Assets 2022: $918,974Liabilities 2022: $1,370,424Net Assets 2022: -$451,4502022Assets 2023: $895,223Liabilities 2023: $1,389,746Net Assets 2023: -$494,5232023

Highlighted filing

2021

Assets$966,374
Liabilities$1,365,833
Net Assets-$399,459

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $82,945Expenses 2011: $107,774Net Income 2011: -$24,8292011Revenue 2012: $88,084Expenses 2012: $109,296Net Income 2012: -$21,2122012Revenue 2013: $79,137Expenses 2013: $117,212Net Income 2013: -$38,0752013Revenue 2014: $86,487Expenses 2014: $113,659Net Income 2014: -$27,1722014Revenue 2015: $96,679Expenses 2015: $119,549Net Income 2015: -$22,8702015Revenue 2016: $93,805Expenses 2016: $100,339Net Income 2016: -$6,5342016Revenue 2017: $94,306Expenses 2017: $113,756Net Income 2017: -$19,4502017Revenue 2018: $101,049Expenses 2018: $111,713Net Income 2018: -$10,6642018Revenue 2019: $102,481Expenses 2019: $149,312Net Income 2019: -$46,8312019Revenue 2020: $96,764Expenses 2020: $139,157Net Income 2020: -$42,3932020Revenue 2021: $99,475Expenses 2021: $163,352Net Income 2021: -$63,8772021Revenue 2022: $101,459Expenses 2022: $153,450Net Income 2022: -$51,9912022Revenue 2023: $109,016Expenses 2023: $152,089Net Income 2023: -$43,0732023

Highlighted filing

2021

Revenue$99,475
Expenses$163,352
Net Income-$63,877
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 1, 2021
Return Version
2020v4.0
Gross Receipts
$99,475
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$763,308$714,014▼ $49,294
Cash and Non-Interest-Bearing Accounts$224,046$219,251▼ $4,795
Accounts Receivable$6,704$3,560▼ $3,144
Prepaid Expenses and Deferred Charges$6,678$588▼ $6,090
Savings and Temporary Cash Investments-$0-
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$1,030,445$966,374▼ $64,071
Other Assets Total$29,709$28,961▼ $748
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,355,576$1,355,576→ $0
Other Liabilities$5,057$4,309▼ $748
Accounts Payable and Accrued Expenses$4,686$3,752▼ $934
Deferred Revenue$708$2,196▲ $1,488
Total Liabilities$1,366,027$1,365,833▼ $194
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-335,582$-399,459▼ $63,877
Total Net Assets Fund Balance$-335,582$-399,459▼ $63,877
Total Liabilities and Net Assets / Fund Balance$1,030,445$966,374▼ $64,071

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$665,461$690,115$1,355,576
Land$48,553-$48,553
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jay MarcusTreasurer$144,756$144,756

Board Members and Trustees

NameTitle
Dany CuninghamPresident
Michelle De La UzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$99,421
Investment Income
$54
Other Revenue
$0
Change in Net Assets
$-63,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,352
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$49,294--$49,294
Payments to Affiliates$38,471--$38,471
Other Expenses$7,953--$7,953
Insurance$6,090--$6,090
Fees for Services Accounting$4,200--$4,200
All Other Expenses$2,900--$2,900
Office Expenses$1,328--$1,328
Fees for Services Legal$884--$884
Total Functional Expenses$163,352$0$0$163,352
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$4,309
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 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, Line 3: Description of Delegated Duties to Management Company

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, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

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, Line 8: Explanation of No Contemporaneously Documentation of Meetings

The organization has not established formal sub committees.

Form 990, Part VI, Line 11B: Form 990 Review Process

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 management company mails out the signed tax returns to the appropriate government agency.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

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 finance & 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, Line 19: Other Organization Documents Publicly Available

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

Filing and Contact Details

Filer

Filer Name
130 29th STREET HOUSING DEVELOPMENT
EIN
20-4732803
Phone
7182372017
Address
621 DEGRAW STREET, BROOKLYN, NY 11217

Signing Officer

Name
Michelle De La Uz
Title
Secretary
Phone
9142353600
Signed
2021-07-01
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Rob Goldman CPA Mba Pllc
Address
214 FIFTH AVE, PELHAM, NY 10803
Preparer
Rob Goldman CPA Mba
Phone
9142353600
Raw XML AppendixShowing 400 of 413 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04686
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03752
IRS990/AccountsReceivableGrp/BOYAmt06704
IRS990/AccountsReceivableGrp/EOYAmt03560
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE AN APARTMENT BUILDING TO QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02900
IRS990/AllOtherExpensesGrp/TotalAmt02900
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FIFTH AVENUE COMMITTEE INC
IRS990/BooksInCareOfDetail/PhoneNum07182372017
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011217
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0224046
IRS990/CashNonInterestBearingGrp/EOYAmt0219251
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt054
IRS990/CYOtherExpensesAmt0163352
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt099421
IRS990/CYRevenuesLessExpensesAmt0-63877
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0163352
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt099475
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0708
IRS990/DeferredRevenueGrp/EOYAmt02196
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt049294
IRS990/DepreciationDepletionGrp/TotalAmt049294
IRS990/Desc0THE ORGANIZATION'S APARTMENT BUILDING HAS A CAPACITY OF 8 APARTMENTS WHICH WERE 100% OCCUPPIED DURING THE YEAR.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0163352
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04200
IRS990/FeesForServicesAccountingGrp/TotalAmt04200
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0884
IRS990/FeesForServicesLegalGrp/TotalAmt0884
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt034.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt134.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt04873
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt119184
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHELLE DE LA UZ
IRS990/Form990PartVIISectionAGrp/PersonNm1JAY MARCUS
IRS990/Form990PartVIISectionAGrp/PersonNm2DANY CUNINGHAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0199607
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1125572
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt099475
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt06090
IRS990/InsuranceGrp/TotalAmt06090
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt054
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt054
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0690115
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0763308
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0714014
IRS990/LandBldgEquipCostOrOtherBssAmt01404129
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE AN APARTMENT BUILDING TO QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01355576
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01355576
IRS990/NetAssetsOrFundBalancesBOYAmt0-335582
IRS990/NetAssetsOrFundBalancesEOYAmt0-399459
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-335582
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-399459
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01328
IRS990/OfficeExpensesGrp/TotalAmt01328
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029709
IRS990/OtherAssetsTotalGrp/EOYAmt028961
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1GAS - COOKING & HEATING
IRS990/OtherExpensesGrp/Desc2WATER & SEWER
IRS990/OtherExpensesGrp/Desc3ELECTRICITY
IRS990/OtherExpensesGrp/ProgramServicesAmt033807
IRS990/OtherExpensesGrp/ProgramServicesAmt19411
IRS990/OtherExpensesGrp/ProgramServicesAmt29014
IRS990/OtherExpensesGrp/ProgramServicesAmt37953
IRS990/OtherExpensesGrp/TotalAmt033807
IRS990/OtherExpensesGrp/TotalAmt19411
IRS990/OtherExpensesGrp/TotalAmt29014
IRS990/OtherExpensesGrp/TotalAmt37953
IRS990/OtherLiabilitiesGrp/BOYAmt05057
IRS990/OtherLiabilitiesGrp/EOYAmt04309
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt038471
IRS990/PaymentsToAffiliatesGrp/TotalAmt038471
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06678
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0588
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099421
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099421
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt018
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0139157
IRS990/PYOtherRevenueAmt01
IRS990/PYProgramServiceRevenueAmt096745
IRS990/PYRevenuesLessExpensesAmt0-42393
IRS990/PYTotalExpensesAmt0139157
IRS990/PYTotalRevenueAmt096764
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-63877
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt099475
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0665461
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0690115
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01355576
IRS990ScheduleD/LandGrp/BookValueAmt048553
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0714014
IRS990ScheduleD/TotalLiabilityAmt04309
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0199607
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0147
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHELLE DE LA UZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0204480
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/ExplanationTxt3OUTSIDE 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 MANAGEMENT COMPANY MAILS OUT THE SIGNED TAX RETURNS TO THE APPROPRIATE GOVERNMENT AGENCY.
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 FINANCE & 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, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1FAC ADVANCE HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112475743
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1264642733
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO ADVANCE SOCIAL AND ECONOMIC JUSTICE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1621 DEGRAW STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011217
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd111217
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt038471
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt124652
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FAC ADVANCE HDFC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1d
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/TotalAssetsBOYAmt01030445
IRS990/TotalAssetsEOYAmt0966374
IRS990/TotalAssetsGrp/BOYAmt01030445
IRS990/TotalAssetsGrp/EOYAmt0966374
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0163352
IRS990/TotalFunctionalExpensesGrp/TotalAmt0163352
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01366027
IRS990/TotalLiabilitiesEOYAmt01365833
IRS990/TotalLiabilitiesGrp/BOYAmt01366027
IRS990/TotalLiabilitiesGrp/EOYAmt01365833
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-335582
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-399459
IRS990/TotalOtherCompensationAmt024057
IRS990/TotalProgramServiceExpensesAmt0163352
IRS990/TotalProgramServiceRevenueAmt099421
IRS990/TotalRevenueGrp/ExclusionAmt054
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099421
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099475
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01030445
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0966374
IRS990/TotReportableCompRltdOrgAmt0325179
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/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE DE LA UZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum09142353600
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0130 29th STREET HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt01302
ReturnHeader/Filer/EIN0204732803
ReturnHeader/Filer/PhoneNum07182372017
ReturnHeader/Filer/USAddress/AddressLine1Txt0621 DEGRAW STREET
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011217
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134180553
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROB GOLDMAN CPA MBA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0214 FIFTH AVE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$1.39$0.49$0.11$0.15$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$1.37$0.45$0.10$0.15$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.97$1.37$0.40$0.10$0.16$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$1.37$0.34$0.10$0.14$0.04
2019Summary only. Only limited summary data is available for this year.$1.07$1.36$0.29$0.10$0.15$0.05
2018Summary only. Only limited summary data is available for this year.$1.12$1.37$0.25$0.10$0.11$0.01
2017Summary only. Only limited summary data is available for this year.$1.13$1.36$0.24$0.09$0.11$0.02
2016Summary only. Only limited summary data is available for this year.$1.15$1.36$0.22$0.09$0.10$0.01
2015Summary only. Only limited summary data is available for this year.$1.15$1.36$0.21$0.10$0.12$0.02
2014Summary only. Only limited summary data is available for this year.$1.18$1.36$0.19$0.09$0.11$0.03
2013Summary only. Only limited summary data is available for this year.$1.20$1.37$0.17$0.08$0.12$0.04
2012Summary only. Only limited summary data is available for this year.$1.24$1.37$0.13$0.09$0.11$0.02
2011Summary only. Only limited summary data is available for this year.$1.25$1.36$0.11$0.08$0.11$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)4 • $500k-$1M nonprofits