Civic Intelligence

1068 Franklin Avenue Hdfc

EIN 20-8317595 • 501(c)4 • Bronx, NY

Profile

To provide emergency housing for adults in bronx, ny.

300 East 175th StBronx, NY 10457

www.acacianetwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.01x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

10.11x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Source year 2024

Net Margin

77th percentile

33%

Higher net margin than 77% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-1.9%

Faster asset growth than 25% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

73rd percentile

28%

Faster revenue growth than 73% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Down

$9,067,858

Down $217,104 (-2.3%) from 2023

Liabilities

Down

$9,174,144

Down $524,680 (-5.4%) from 2023

Net Assets

Up

-$106,286

Up $307,576 (+74%) from 2023

Revenue

Up

$907,077

Up $257,077 (+40%) from 2023

Expenses

Up

$603,413

Up $29,132 (+5.1%) from 2023

Net Income

Up

$303,664

Up $227,945 (+301%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2014: $10,857,708Liabilities 2014: $11,215,357Net Assets 2014: -$357,6492014Assets 2016: $10,459,443Liabilities 2016: $10,881,472Net Assets 2016: -$422,0292016Assets 2017: $10,272,353Liabilities 2017: $10,675,178Net Assets 2017: -$402,8252017Assets 2018: $10,085,701Liabilities 2018: $10,484,030Net Assets 2018: -$398,3292018Assets 2019: $9,900,517Liabilities 2019: $10,282,141Net Assets 2019: -$381,6242019Assets 2020: $9,713,476Liabilities 2020: $10,082,794Net Assets 2020: -$369,3182020Assets 2021: $9,526,273Liabilities 2021: $9,983,079Net Assets 2021: -$456,8062021Assets 2022: $9,420,420Liabilities 2022: $9,910,001Net Assets 2022: -$489,5812022Assets 2023: $9,284,962Liabilities 2023: $9,698,824Net Assets 2023: -$413,8622023Assets 2024: $9,067,858Liabilities 2024: $9,174,144Net Assets 2024: -$106,2862024

Highlighted filing

2024

Assets$9,067,858
Liabilities$9,174,144
Net Assets-$106,286

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $1,080,310Expenses 2014: $1,139,717Net Income 2014: -$59,4072014Revenue 2016: $550,000Expenses 2016: $574,931Net Income 2016: -$24,9312016Revenue 2017: $550,000Expenses 2017: $530,796Net Income 2017: $19,2042017Revenue 2018: $550,000Expenses 2018: $545,504Net Income 2018: $4,4962018Revenue 2019: $550,000Expenses 2019: $533,295Net Income 2019: $16,7052019Revenue 2020: $550,000Expenses 2020: $537,694Net Income 2020: $12,3062020Revenue 2021: $550,000Expenses 2021: $637,488Net Income 2021: -$87,4882021Revenue 2022: $550,000Expenses 2022: $582,775Net Income 2022: -$32,7752022Revenue 2023: $650,000Expenses 2023: $574,281Net Income 2023: $75,7192023Revenue 2024: $907,077Expenses 2024: $603,413Net Income 2024: $303,6642024

Highlighted filing

2024

Revenue$907,077
Expenses$603,413
Net Income$303,664

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$907,077
Mission and Program Overview

Mission

To provide emergency housing for adults in bronx, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,226,975$7,975,455▼ $251,520
Cash and Non-Interest-Bearing Accounts$533,230$526,894▼ $6,336
Accounts Receivable$91,667$0▼ $91,667
Prepaid Expenses and Deferred Charges$7,581$0▼ $7,581
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,284,962$9,067,858▼ $217,104
Other Assets Total$425,509$565,509▲ $140,000
Liabilities
Other Liabilities$0$5,100,000▲ $5,100,000
Mortgage Notes Payable Secured by Investment Property$9,474,742$4,013,094▼ $5,461,648
Deferred Revenue$0$45,833▲ $45,833
Accounts Payable and Accrued Expenses$224,082$15,217▼ $208,865
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$9,698,824$9,174,144▼ $524,680
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-413,862$-106,286▲ $307,576
Total Net Assets Fund Balance$-413,862$-106,286▲ $307,576
Total Liabilities and Net Assets / Fund Balance$9,284,962$9,067,858▼ $217,104

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,413,763$3,647,042$10,060,805
Land$1,561,692-$1,561,692
Other Land Buildings$0$100,406$100,406
Equipment$0$28,097$28,097
Other Assets Org$565,509--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eliezer Rodriguez EsqChair
Raul RussiPresident
Carmen S MeleroVice Chair
Lymaris Alborschief executive officer
Vicky Gatellchief financial officer
Jose A Rodriguezchief legal officer/exec VP
Arnie SegarraMember
Marybeth HotalingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$650,000
Investment Income
$0
Other Revenue
$257,077
Change in Net Assets
$303,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$603,413
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
Interest$282,159--$282,159
Depreciation Depletion$251,520--$251,520
Insurance$65,018--$65,018
Occupancy$3,700--$3,700
Fees for Services Accounting-$1,000-$1,000
Office Expenses-$16-$16
Total Functional Expenses$602,397$1,016$0$603,413
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Affiliates$5,100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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
No

Governance Explanations

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

Annual signed statements are provided that affirms that the interested parties are in compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

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

The 990 is distributed to the board of directors prior to filing.

Form 990, Part VI, Section B, Line 15A & 15B

Pursuant to the Organization's bylaws, the Organization delegates to its parent entity the hiring of the CEO and President. The compensation of the executives is approved by the Parent entity, who hires a consultant to conduct a study. A standing compensation committee of the Parent entity reviews a compensation study and votes on how to proceed.

Filing and Contact Details

Filer

Filer Name
1068 Franklin Avenue HDFC
EIN
20-8317595
In Care Of
% STEVE KADIN
Phone
7189914270
Address
300 EAST 175TH ST, Bronx, NY 10457

Signing Officer

Name
Raul Russi
Title
President
Phone
7328281614
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Russi
Formed
2006
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Devin Desmond
Phone
7328281614
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 8:

A prior period adjustment of $ 3,912 was recorded in this return to reconcile the beginning balance of net assets.

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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/PersonNm0Jose A Rodriguez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Vicky Gatell
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Lymaris Albors
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Raul Russi
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0chief legal officer/exec vp
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2chief executive officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3President
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3998428

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