Civic Intelligence

Highbridge-Tpt Housing Development Fund Corporation

990 • Fiscal year 2022 • EIN 20-5262130

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 09, 2023

Organization ProfileN/A
1465 Nelson Avenue Rm/Ste Ste ABronx, NY 10452

(718) 293-3100

Siviq Scores

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

Liabilities / Assets

84th percentile

1.38x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

18.22x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Net Margin

17th percentile

-59%

Higher net margin than 17% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

78th percentile

$302,532

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 161.9% of source-year revenue.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Asset Growth

26th percentile

-4.7%

Faster asset growth than 26% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

0.3%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$2,458,173

Down $119,899 (-4.7%) from 2021

Net Assets

Down

-$946,227

Down $110,503 (-13%) from 2021

Liabilities

Down

$3,404,400

Down $9,396 (-0.3%) from 2021

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin17th percentile

Revenue

Up

$186,872

Up $489 (+0.3%) from 2021

Expenses

Down

$297,375

Down $6,483 (-2.1%) from 2021

Net Income

Up

-$110,503

Up $6,972 (+5.9%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $3,423,258Liabilities 2011: $3,487,718Net Assets 2011: -$64,4602011Assets 2012: $3,342,656Liabilities 2012: $3,460,723Net Assets 2012: -$118,0672012Assets 2013: $3,270,273Liabilities 2013: $3,444,874Net Assets 2013: -$174,6012013Assets 2015: $3,150,678Liabilities 2015: $3,433,560Net Assets 2015: -$282,8822015Assets 2016: $3,084,185Liabilities 2016: $3,445,052Net Assets 2016: -$360,8672016Assets 2017: $2,972,126Liabilities 2017: $3,419,750Net Assets 2017: -$447,6242017Assets 2018: $2,896,765Liabilities 2018: $3,423,593Net Assets 2018: -$526,8282018Assets 2019: $2,785,398Liabilities 2019: $3,406,212Net Assets 2019: -$620,8142019Assets 2020: $2,685,249Liabilities 2020: $3,403,498Net Assets 2020: -$718,2492020Assets 2021: $2,578,072Liabilities 2021: $3,413,796Net Assets 2021: -$835,7242021Assets 2022: $2,458,173Liabilities 2022: $3,404,400Net Assets 2022: -$946,2272022Assets 2023: $2,408,812Liabilities 2023: $3,450,168Net Assets 2023: -$1,041,3562023Assets 2024: $2,334,944Liabilities 2024: $3,482,770Net Assets 2024: -$1,147,8262024

Highlighted filing

2022

Assets$2,458,173
Liabilities$3,404,400
Net Assets-$946,227
Open 2022 Filing

Operations Trend

Revenue Growth39th percentile

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

$400K$200K$0-$200KRevenue 2011: $162,755Expenses 2011: $208,617Net Income 2011: -$45,8622011Revenue 2012: $166,048Expenses 2012: $219,655Net Income 2012: -$53,6072012Revenue 2013: $168,651Expenses 2013: $225,185Net Income 2013: -$56,5342013Revenue 2015: $175,051Expenses 2015: $228,756Net Income 2015: -$53,7052015Revenue 2016: $176,088Expenses 2016: $254,073Net Income 2016: -$77,9852016Revenue 2017: $173,806Expenses 2017: $260,563Net Income 2017: -$86,7572017Revenue 2018: $180,201Expenses 2018: $259,405Net Income 2018: -$79,2042018Revenue 2019: $174,751Expenses 2019: $268,737Net Income 2019: -$93,9862019Revenue 2020: $175,917Expenses 2020: $273,352Net Income 2020: -$97,4352020Revenue 2021: $186,383Expenses 2021: $303,858Net Income 2021: -$117,4752021Revenue 2022: $186,872Expenses 2022: $297,375Net Income 2022: -$110,5032022Revenue 2023: $193,152Expenses 2023: $288,281Net Income 2023: -$95,1292023Revenue 2024: $194,662Expenses 2024: $301,132Net Income 2024: -$106,4702024

Highlighted filing

2022

Revenue$186,872
Expenses$297,375
Net Income-$110,503
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$186,872
Mission and Program Overview

Mission

To build low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,386,166$2,300,728▼ $85,438
Intangible Assets$70,017$63,025▼ $6,992
Accounts Receivable$23,556$22,536▼ $1,020
Prepaid Expenses and Deferred Charges$15,944$13,356▼ $2,588
Cash and Non-Interest-Bearing Accounts$30,051$6,166▼ $23,885
Total Assets$2,578,072$2,458,173▼ $119,899
Other Assets Total$52,338$52,362▲ $24
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,351,030$3,339,784▼ $11,246
Accounts Payable and Accrued Expenses$36,641$32,235▼ $4,406
Other Liabilities$10,048$16,304▲ $6,256
Escrow Account Liability$16,077$16,077→ $0
Total Liabilities$3,413,796$3,404,400▼ $9,396
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-835,724$-946,227▼ $110,503
Total Net Assets Fund Balance$-835,724$-946,227▼ $110,503
Total Liabilities and Net Assets / Fund Balance$2,578,072$2,458,173▼ $119,899

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,283,133$997,565$3,280,698
Equipment$17,595$3,105$20,700
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleOtherTotal
Simone O BriscoController$114,250$114,250

Board Members and Trustees

NameTitle
Msgr Donald SakanoChairman
Ken SingletonDirector
Kenneth BrowneDirector
Rev Joseph FrancoDirector
Kobina ArhinSVP/CEO
Rev Mark CreganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$186,872
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-110,503

Audited Revenue Reconciliation

Revenue per Audited Statements
$186,872
Total Revenue per Audited Statements
$186,872
Total Revenue per Form 990
$186,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,940
Salaries, Compensation, and Employee Benefits$10,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$92,430--$92,430
Interest$38,157--$38,157
Insurance$15,916--$15,916
Fees for Services Accounting-$9,745-$9,745
Other Salaries and Wages$8,385--$8,385
Fees for Services Management-$7,404-$7,404
Other Expenses$4,740--$4,740
All Other Expenses$2,755--$2,755
Other Employee Benefits$1,199--$1,199
Payroll Taxes$851--$851
Fees for Services Legal$163--$163
Total Functional Expenses$280,226$17,149$0$297,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$297,375
Total Expenses per Audited Statements$297,375
Total Expenses per Form 990$297,375
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
Due to Affiliate$16,304
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization is managed by highbridge community development corp, which manages the books and records of the organization as well as the day-to-day operations.”

Form 990, Page 6, Part VI, Line 11B

“The organization's 990 is reviewed by the audit and finance committe before it is finalized and issued.”

Form 990, Page 6, Part VI, Line 12C

“The organization regularly sends out an annual questionnaire to the board members and staff.”

Form 990, Page 6, Part VI, Line 15B

“The organization's process for determining compensation is performed by the board of directors, reviews and approves the compensation on an annual basis. All employees are currently under a collective bargaining agreement.”

Form 990, Page 6, Part VI, Line 19

“Documents, which are public records, are available from the ny secretary of state.”

Filing and Contact Details

Filer

Filer Name
Highbridge-tpt Housing Development
EIN
20-5262130
Phone
7182933100
Address
1465 NELSON AVENUE RM/STE STE A, BRONX, NY 10452

Signing Officer

Name
Kobina Arhin
Title
SVP/CEO
Phone
7182933100
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Msgr Donald Sakano
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
A Gary Aaronson CPA Pllc
Address
42 WEST 38TH STREET SUITE 1003, NEW YORK, NY 10018-0060
Preparer
A Gary Aaronson
Phone
2126845770
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“The organization holds security deposits from tenants in an escrow account. These deposits are returned to the tenants once they move out of the apartment.”

Raw XML AppendixShowing 400 of 714 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/BOYAmt036641
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt032235
IRS990/AccountsReceivableGrp/BOYAmt023556
IRS990/AccountsReceivableGrp/EOYAmt022536
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO BUILD LOW INCOME HOUSING
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02755
IRS990/AllOtherExpensesGrp/TotalAmt02755
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KOBINA ARHIN
IRS990/BooksInCareOfDetail/PhoneNum07182933100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01465 NELSON AVENUE STE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010452
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt030051
IRS990/CashNonInterestBearingGrp/EOYAmt06166
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0286940
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0186872
IRS990/CYRevenuesLessExpensesAmt0-110503
IRS990/CYSalariesCompEmpBnftPaidAmt010435
IRS990/CYTotalExpensesAmt0297375
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0186872
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt092430
IRS990/DepreciationDepletionGrp/TotalAmt092430
IRS990/Desc0TO PROVIDE HOUSING FOR LOW INCOME SENIORS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt016077
IRS990/EscrowAccountLiabilityGrp/EOYAmt016077
IRS990/ExpenseAmt0280226
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09745
IRS990/FeesForServicesAccountingGrp/TotalAmt09745
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0163
IRS990/FeesForServicesLegalGrp/TotalAmt0163
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07404
IRS990/FeesForServicesManagementGrp/TotalAmt07404
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt034.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt134.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MSGR DONALD SAKANO
IRS990/Form990PartVIISectionAGrp/PersonNm1REV MARK CREGAN
IRS990/Form990PartVIISectionAGrp/PersonNm2REV JOSEPH FRANCO
IRS990/Form990PartVIISectionAGrp/PersonNm3KENNETH BROWNE
IRS990/Form990PartVIISectionAGrp/PersonNm4KEN SINGLETON
IRS990/Form990PartVIISectionAGrp/PersonNm5KOBINA ARHIN
IRS990/Form990PartVIISectionAGrp/PersonNm6SIMONE O BRISCO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5302532
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6114250
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SVP/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0186872
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt015916
IRS990/InsuranceGrp/TotalAmt015916
IRS990/IntangibleAssetsGrp/BOYAmt070017
IRS990/IntangibleAssetsGrp/EOYAmt063025
IRS990/InterestGrp/ProgramServicesAmt038157
IRS990/InterestGrp/TotalAmt038157
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01000670
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02386166
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02300728
IRS990/LandBldgEquipCostOrOtherBssAmt03301398
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO BUILD LOW INCOME HOUSING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03351030
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03339784
IRS990/NetAssetsOrFundBalancesBOYAmt0-835724
IRS990/NetAssetsOrFundBalancesEOYAmt0-946227
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-835724
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-946227
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt052338
IRS990/OtherAssetsTotalGrp/EOYAmt052362
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01199
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01199
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SECURITY
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt063570
IRS990/OtherExpensesGrp/ProgramServicesAmt133723
IRS990/OtherExpensesGrp/ProgramServicesAmt218337
IRS990/OtherExpensesGrp/ProgramServicesAmt34740
IRS990/OtherExpensesGrp/TotalAmt063570
IRS990/OtherExpensesGrp/TotalAmt133723
IRS990/OtherExpensesGrp/TotalAmt218337
IRS990/OtherExpensesGrp/TotalAmt34740
IRS990/OtherLiabilitiesGrp/BOYAmt010048
IRS990/OtherLiabilitiesGrp/EOYAmt016304
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08385
IRS990/OtherSalariesAndWagesGrp/TotalAmt08385
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0851
IRS990/PayrollTaxesGrp/TotalAmt0851
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015944
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013356
IRS990/PrincipalOfficerNm0MSGR DONALD SAKANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0186872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0186872
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0293230
IRS990/PYProgramServiceRevenueAmt0186383
IRS990/PYRevenuesLessExpensesAmt0-117475
IRS990/PYSalariesCompEmpBnftPaidAmt010628
IRS990/PYTotalExpensesAmt0303858
IRS990/PYTotalRevenueAmt0186383
IRS990/ReconcilationRevenueExpnssAmt0-110503
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0186872
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0186872
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0186383
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0175917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0174751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0180201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0904124
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0904124
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0186872
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0186383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0175917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0174751
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0180201
IRS990ScheduleA/Total509Grp/TotalAmt0904124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0186872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0186383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0175917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0174751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0180201
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0904124
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02283133
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0997565
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03280698
IRS990ScheduleD/EquipmentGrp/BookValueAmt017595
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03105
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020700
IRS990ScheduleD/ExpensesSubtotalAmt0297375
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016304
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueSubtotalAmt0186872
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02300728
IRS990ScheduleD/TotalExpensesPerForm990Amt0297375
IRS990ScheduleD/TotalLiabilityAmt016304
IRS990ScheduleD/TotalRevenuePerForm990Amt0186872
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0186872
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0297375
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0302532
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KOBINA ARHIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SVP/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0302532
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS MANAGED BY HIGHBRIDGE COMMUNITY DEVELOPMENT CORP, WHICH MANAGES THE BOOKS AND RECORDS OF THE ORGANIZATION AS WELL AS THE DAY-TO-DAY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTE BEFORE IT IS FINALIZED AND ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY SENDS OUT AN ANNUAL QUESTIONNAIRE TO THE BOARD MEMBERS AND STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION IS PERFORMED BY THE BOARD OF DIRECTORS, REVIEWS AND APPROVES THE COMPENSATION ON AN ANNUAL BASIS. ALL EMPLOYEES ARE CURRENTLY UNDER A COLLECTIVE BARGAINING AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS, WHICH ARE PUBLIC RECORDS, ARE AVAILABLE FROM THE NY SECRETARY OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd4false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd5false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd6false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd7false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd8false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0200317727
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1205485838
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2134187847
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN3133784717
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN4205485878
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN5465106399
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN6471741690
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN7812759156
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN8462188889
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt5C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt6C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt7C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt8C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd4NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd5NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd6NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd7NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd8NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt4HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt5HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt6HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt7HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt8HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0JESUP ONE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1JESUP TWO INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2NELSON SENIOR INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3NORTH SHAKESPEARE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt4CROTONA ONE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt5AB PLIMPTON INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt6OSP LAMBS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt7WATSON 1437 INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt8WEST OGDEN INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt21465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt31465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt41465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt51465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt61465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt71465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt81465 NELSON AVENUE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm3BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm4BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm5BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm6BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm7BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm8BRONX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd4NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd5NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd6NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd7NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd8NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd210452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd310452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd410452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd510452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd610452
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd710452

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,458,173
Liabilities
$3,404,400
Net assets
-$946,227
Revenue
$186,872
Expenses
$297,375
Net income
-$110,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.33$3.48$1.15$0.19$0.30$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.41$3.45$1.04$0.19$0.29$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.46$3.40$0.95$0.19$0.30$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.58$3.41$0.84$0.19$0.30$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.69$3.40$0.72$0.18$0.27$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.79$3.41$0.62$0.17$0.27$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.90$3.42$0.53$0.18$0.26$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.97$3.42$0.45$0.17$0.26$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.08$3.45$0.36$0.18$0.25$0.08
2015Summary only. Only limited summary data is available for this year.$3.15$3.43$0.28$0.18$0.23$0.05
2013Summary only. Only limited summary data is available for this year.$3.27$3.44$0.17$0.17$0.23$0.06
2012Summary only. Only limited summary data is available for this year.$3.34$3.46$0.12$0.17$0.22$0.05
2011Summary only. Only limited summary data is available for this year.$3.42$3.49$0.06$0.16$0.21$0.05