Civic Intelligence

Citizens Advice Bureau Property Holding Company Inc

990 • Fiscal year 2016 • EIN 20-5487472

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

60 East Tremont AvenueBronx, NY 10453

(643) 393-4000

Siviq Scores

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

Liabilities / Assets

75th percentile

0.53x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

6.11x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

84th percentile

$252,163

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 106.7% of source-year revenue.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Asset Growth

24th percentile

-4.0%

Faster asset growth than 24% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

687%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,702,233

Down $113,585 (-4.0%) from 2015

Net Assets

Up

$1,258,403

Up $36,568 (+3.0%) from 2015

Liabilities

Down

$1,443,830

Down $150,153 (-9.4%) from 2015

Revenue

Up

$236,401

Up $206,362 (+687%) from 2015

Expenses

Up

$199,832

Up $199,832 from 2015

Net Income

Up

$36,569

Up $6,530 (+22%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,361,142Liabilities 2010: $2,998,667Net Assets 2010: $362,4752010Assets 2011: $3,252,733Liabilities 2011: $2,887,470Net Assets 2011: $365,2632011Assets 2012: $3,142,323Liabilities 2012: $1,984,341Net Assets 2012: $1,157,9822012Assets 2013: $3,029,413Liabilities 2013: $1,860,146Net Assets 2013: $1,169,2672013Assets 2014: $2,921,003Liabilities 2014: $1,728,957Net Assets 2014: $1,192,0462014Assets 2015: $2,815,818Liabilities 2015: $1,593,983Net Assets 2015: $1,221,8352015Assets 2016: $2,702,233Liabilities 2016: $1,443,830Net Assets 2016: $1,258,4032016Assets 2017: $2,595,823Liabilities 2017: $1,292,533Net Assets 2017: $1,303,2902017Assets 2018: $2,483,981Liabilities 2018: $1,127,023Net Assets 2018: $1,356,9582018Assets 2019: $2,373,991Liabilities 2019: $952,427Net Assets 2019: $1,421,5642019Assets 2020: $2,265,536Liabilities 2020: $770,014Net Assets 2020: $1,495,5222020Assets 2021: $2,157,127Liabilities 2021: $575,794Net Assets 2021: $1,581,3332021Assets 2022: $1,944,966Liabilities 2022: $316,782Net Assets 2022: $1,628,1842022Assets 2023: $1,830,556Liabilities 2023: $316,782Net Assets 2023: $1,513,7742023

Highlighted filing

2016

Assets$2,702,233
Liabilities$1,443,830
Net Assets$1,258,403

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2010: $02010Expenses 2011: $02011Expenses 2012: $02012Expenses 2013: $02013Revenue 2014: $22,530Expenses 2014: $0Net Income 2014: $22,5302014Revenue 2015: $30,039Expenses 2015: $0Net Income 2015: $30,0392015Revenue 2016: $236,401Expenses 2016: $199,832Net Income 2016: $36,5692016Revenue 2017: $236,114Expenses 2017: $191,227Net Income 2017: $44,8872017Revenue 2018: $232,996Expenses 2018: $179,328Net Income 2018: $53,6682018Revenue 2019: $236,428Expenses 2019: $171,822Net Income 2019: $64,6062019Revenue 2020: $236,428Expenses 2020: $162,470Net Income 2020: $73,9582020Revenue 2021: $236,428Expenses 2021: $150,617Net Income 2021: $85,8112021Revenue 2022: $182,482Expenses 2022: $135,631Net Income 2022: $46,8512022Revenue 2023: $0Expenses 2023: $114,410Net Income 2023: -$114,4102023

Highlighted filing

2016

Revenue$236,401
Expenses$199,832
Net Income$36,569
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$236,401
Mission and Program Overview

Mission

To acquire property to provide supportive services to children, families in need and older adults.

To acquire property to provide supportive services to children and families in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,745,736$2,631,426▼ $114,310
Cash and Non-Interest-Bearing Accounts$70,081$70,807▲ $726
Total Assets$2,815,817$2,702,233▼ $113,584
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,590,208$1,443,830▼ $146,378
Accounts Payable and Accrued Expenses$3,775--
Total Liabilities$1,593,983$1,443,830▼ $150,153
Net Assets / Fund Balance
Unrestricted Net Assets$1,221,834$1,258,403▲ $36,569
Total Net Assets Fund Balance$1,221,834$1,258,403▲ $36,569
Total Liabilities and Net Assets / Fund Balance$2,815,817$2,702,233▼ $113,584

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,631,426$800,868-
Compensation and Service Providers

Employees

NameTitleOtherTotal
Constance ClamanCheif Financial Officer$100,150$100,150

Board Members and Trustees

NameTitle
Joan RosenthalChair
Eileen TorresExecutive Director
Adele UrsoneMember
David McleanMember
Emily MarksMember
Janice HartMember
Jean SmithMember
Kira MendezMember
Roger BegelmanMember
Christian LeeMember (former)
Marc KemenySecretary
Stan FreilichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$236,401
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$36,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$199,832
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---$114,410
Interest---$83,736
Other Expenses---$1,686
Total Functional Expenses$0$0$0$199,832
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The draft 990 was reviewed by the board chair and then sent to the whole board of directors. If there are any issues that arise the board chair and the board will discuss the issues with the executive director and cfo and they will decide on an appropriate course of action if needed.

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

The board of directors of the organization are required to disclose any potential conflicts of interest. The members of the board submit signed conflict of interest disclosure forms on an annual basis. Board members are not allowed to participate or vote on any matter in which they may have a conflict of interest.

Form 990, Part VI, Section B, Line 15

The financial statements appear on the agency's website. Other documents are given upon request to funders, auditors and government agencies. Board conflict of interest forms are maintained in the administrative offices. These documents are distributed, reviewed and update at the annual board meeting.

Form 990, Part VI, Section C, Line 19

These documents are available upon request

Filing and Contact Details

Filer

Filer Name
Citizens Advice Bureau Property
EIN
20-5487472
Phone
6433934000
Address
60 EAST TREMONT AVENUE, BRONX, NY 10453

Signing Officer

Name
Eileen Torres
Title
Executive Director
Phone
6433934000
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eileen Torres
Formed
2006
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Robert Lyons
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990 PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization believes it has no uncertain tax positions as of june 30, 2016, in accordance with the provisions of fasb asc 740, income taxes.

Raw XML AppendixShowing 400 of 402 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.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt021767
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012723
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0EILEEN TORRES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0252163
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT 990 WAS REVIEWED BY THE BOARD CHAIR AND THEN SENT TO THE WHOLE BOARD OF DIRECTORS. IF THERE ARE ANY ISSUES THAT ARISE THE BOARD CHAIR AND THE BOARD WILL DISCUSS THE ISSUES WITH THE EXECUTIVE DIRECTOR AND CFO AND THEY WILL DECIDE ON AN APPROPRIATE COURSE OF ACTION IF NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF THE ORGANIZATION ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THE MEMBERS OF THE BOARD SUBMIT SIGNED CONFLICT OF INTEREST DISCLOSURE FORMS ON AN ANNUAL BASIS. BOARD MEMBERS ARE NOT ALLOWED TO PARTICIPATE OR VOTE ON ANY MATTER IN WHICH THEY MAY HAVE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCIAL STATEMENTS APPEAR ON THE AGENCY'S WEBSITE. OTHER DOCUMENTS ARE GIVEN UPON REQUEST TO FUNDERS, AUDITORS AND GOVERNMENT AGENCIES. BOARD CONFLICT OF INTEREST FORMS ARE MAINTAINED IN THE ADMINISTRATIVE OFFICES. THESE DOCUMENTS ARE DISTRIBUTED, REVIEWED AND UPDATE AT THE ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BRONXWORKS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BRONXWORKS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133254484
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL SERVICES, CHILDREN, SENIOR, HOMELESS, ADULTS AND FAMILIES AT RISK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt060 EAST TREMONT AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRONX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010453
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd01
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0236401
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0MARKET- TBD
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0RENTAL PARTS PAID BY BRONXWORKS TO CAB
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02815817
IRS990/TotalAssetsEOYAmt02702233
IRS990/TotalAssetsGrp/BOYAmt02815817
IRS990/TotalAssetsGrp/EOYAmt02702233
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0199832
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01593983
IRS990/TotalLiabilitiesEOYAmt01443830
IRS990/TotalLiabilitiesGrp/BOYAmt01593983
IRS990/TotalLiabilitiesGrp/EOYAmt01443830
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01221834
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01258403
IRS990/TotalOtherCompensationAmt040725
IRS990/TotalProgramServiceRevenueAmt0236401
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0236401
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0236401
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02815817
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02702233
IRS990/TotReportableCompRltdOrgAmt0311588
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01221834
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01258403
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt060 EAST TREMONT AVENUE
IRS990/USAddress/CityNm0BRONX
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010453
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.BRONXWORKS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EILEEN TORRES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06433934000
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CITIZENS ADVICE BUREAU PROPERTY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOLDING COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0CITI
ReturnHeader/Filer/EIN0205487472
ReturnHeader/Filer/PhoneNum06433934000
ReturnHeader/Filer/USAddress/AddressLine1Txt060 EAST TREMONT AVENUE
ReturnHeader/Filer/USAddress/CityNm0BRONX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010453
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113518842
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARKS PANETH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0685 THIRD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02125038800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT LYONS
ReturnHeader/ReturnTs02017-05-12T14:44:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.83$0.32$1.51$0.00$0.11$0.11
2022Summary only. Only limited summary data is available for this year.$1.94$0.32$1.63$0.18$0.14$0.05
2021Summary only. Only limited summary data is available for this year.$2.16$0.58$1.58$0.24$0.15$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.77$1.50$0.24$0.16$0.07
2019Summary only. Only limited summary data is available for this year.$2.37$0.95$1.42$0.24$0.17$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$1.13$1.36$0.23$0.18$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$1.29$1.30$0.24$0.19$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.70$1.44$1.26$0.24$0.20$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.82$1.59$1.22$0.03$0.00$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.92$1.73$1.19$0.02$0.00$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$1.86$1.17$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$1.98$1.16$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$2.89$0.37$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$3.00$0.36$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)2 • $1M-$5M nonprofits