Civic Intelligence

Grandview Terrace Inc

990 • Fiscal year 2015 • EIN 22-1904314

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

Organization ProfileN/A
3060 Kennedy BoulevardJersey City, NJ 07306

(201) 792-4918

Siviq Scores

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

Liabilities / Assets

84th percentile

0.54x

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

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.80x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Net Margin

54th percentile

8.8%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2015

Asset Growth

59th percentile

3.1%

Faster asset growth than 59% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

-1.2%

Faster revenue growth than 37% of similar nonprofits.

2015 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$3,149,020

Up $95,670 (+3.1%) from 2014

Net Assets

Up

$1,459,150

Up $184,839 (+15%) from 2014

Liabilities

Down

$1,689,870

Down $89,169 (-5.0%) from 2014

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin54th percentile

Revenue

Down

$2,104,144

Down $25,315 (-1.2%) from 2014

Expenses

Down

$1,919,305

Down $76,741 (-3.8%) from 2014

Net Income

Up

$184,839

Up $51,426 (+39%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,902,444Liabilities 2010: $2,122,666Net Assets 2010: $779,7782010Assets 2011: $2,909,727Liabilities 2011: $2,058,853Net Assets 2011: $850,8742011Assets 2012: $2,998,633Liabilities 2012: $1,975,357Net Assets 2012: $1,023,2762012Assets 2013: $3,001,786Liabilities 2013: $1,860,888Net Assets 2013: $1,140,8982013Assets 2014: $3,053,350Liabilities 2014: $1,779,039Net Assets 2014: $1,274,3112014Assets 2015: $3,149,020Liabilities 2015: $1,689,870Net Assets 2015: $1,459,1502015Assets 2016: $3,085,934Liabilities 2016: $1,582,989Net Assets 2016: $1,502,9452016Assets 2017: $3,099,065Liabilities 2017: $1,529,248Net Assets 2017: $1,569,8172017Assets 2018: $3,157,219Liabilities 2018: $1,494,814Net Assets 2018: $1,662,4052018Assets 2019: $3,075,258Liabilities 2019: $1,285,192Net Assets 2019: $1,790,0662019Assets 2020: $6,403,720Liabilities 2020: $270,448Net Assets 2020: $6,133,2722020Assets 2021: $6,522,044Liabilities 2021: $301,414Net Assets 2021: $6,220,6302021

Highlighted filing

2015

Assets$3,149,020
Liabilities$1,689,870
Net Assets$1,459,150
Open 2015 Filing

Operations Trend

Revenue Growth37th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $1,734,7402010Expenses 2011: $1,901,9832011Expenses 2012: $1,845,0922012Revenue 2013: $2,098,752Expenses 2013: $1,981,130Net Income 2013: $117,6222013Revenue 2014: $2,129,459Expenses 2014: $1,996,046Net Income 2014: $133,4132014Revenue 2015: $2,104,144Expenses 2015: $1,919,305Net Income 2015: $184,8392015Revenue 2016: $2,197,504Expenses 2016: $2,153,709Net Income 2016: $43,7952016Revenue 2017: $2,226,580Expenses 2017: $2,159,708Net Income 2017: $66,8722017Revenue 2018: $2,278,563Expenses 2018: $2,185,975Net Income 2018: $92,5882018Revenue 2019: $2,402,460Expenses 2019: $2,274,799Net Income 2019: $127,6612019Revenue 2020: $6,663,282Expenses 2020: $2,235,623Net Income 2020: $4,427,6592020Revenue 2021: $2,251,598Expenses 2021: $2,164,240Net Income 2021: $87,3582021

Highlighted filing

2015

Revenue$2,104,144
Expenses$1,919,305
Net Income$184,839
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$2,104,144
Mission and Program Overview

Mission

To provide affordable housing to

To provide affordable housing to Low income senior citizens age 62 or over.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,659,076$1,761,179▲ $102,103
Savings and Temporary Cash Investments$1,229,467$1,252,413▲ $22,946
Cash and Non-Interest-Bearing Accounts$146,669$54,376▼ $92,293
Prepaid Expenses and Deferred Charges$5,768$47,124▲ $41,356
Pledges and Grants Receivable$10,579$32,180▲ $21,601
Accounts Receivable$1,791$1,748▼ $43
Total Assets$3,053,350$3,149,020▲ $95,670
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,201,604$1,082,248▼ $119,356
Accounts Payable and Accrued Expenses$439,635$465,040▲ $25,405
Other Liabilities$137,800$142,582▲ $4,782
Total Liabilities$1,779,039$1,689,870▼ $89,169
Net Assets / Fund Balance
Unrestricted Net Assets$1,274,311$1,459,150▲ $184,839
Total Net Assets Fund Balance$1,274,311$1,459,150▲ $184,839
Total Liabilities and Net Assets / Fund Balance$3,053,350$3,149,020▲ $95,670

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,444,170$3,820,684$5,264,854
Land$300,000-$300,000
Other Land Buildings$3,213$31,645$34,858
Equipment$13,796$14,789$28,585
Compensation and Service Providers
Top Officer Pay57th percentile

Board Members and Trustees

NameTitle
Anthony ArtificioPresident
Anthony ValdnerTrustee
Harold WelshTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Norman Ostrow INCProperty Management880 BERGEN AVENUE, Jersey City, NJ 07306$188,370
Revenue and Support

Revenue Composition

Contributions and Grants
$127,951
Program Service Revenue
$1,929,669
Investment Income
$7,831
Other Revenue
$38,693
Change in Net Assets
$184,839

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,104,144
Total Revenue per Audited Statements
$2,104,144
Total Revenue per Form 990
$2,104,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,503,026
Salaries, Compensation, and Employee Benefits$416,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$792,167$0$0$792,167
Other Salaries and Wages$311,454$0$0$311,454
Fees for Services Management$188,370$0$0$188,370
Depreciation Depletion$178,310$0$0$178,310
Other Expenses$164,296$0$0$164,296
Insurance$112,048$0$0$112,048
Other Employee Benefits$74,574$0$0$74,574
Payroll Taxes$30,251$0$0$30,251
Interest$16,707$0$0$16,707
Office Expenses$13,919$0$0$13,919
Fees for Services Legal$12,715$0$0$12,715
Fees for Services Accounting$2,400$0$0$2,400
Advertising$688$0$0$688
Total Functional Expenses$1,919,305$0$0$1,919,305

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,919,305
Total Expenses per Audited Statements$1,919,305
Total Expenses per Form 990$1,919,305
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
Miscellaneous Liabilites$140,525
Tenant Security Deposits$2,057
Prepaid Rent-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Grandview Terrace Inc
EIN
22-1904314
Phone
2017924918
Address
3060 KENNEDY BOULEVARD, JERSEY CITY, NJ 07306

Signing Officer

Name
Steve Lesko
Title
Managing Agent
Phone
2017924918
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Lesko
Formed
1968
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
17
Volunteers
0

Preparer

Firm
William Katchen CPA LLC
Address
SUITE 303 596 ANDERSON AVE, CLIFFSIDE PARK, NJ 07010
Preparer
William Katchen CPA
Phone
2019434449
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

“The corporation has contracted with an outside third”

Pt VI, Line 3

“Party independent real estate property manager with”

Pt VI, Line 3

“Extensive experience in managing residential real estate”

Pt VI, Line 3

“Entities that are regulated by hud.”

Pt VI, Line 11B

“Upon completion of the form 990 by the outside third”

Pt VI, Line 11B

“Party independent accounting firm, the form is provided”

Pt VI, Line 11B

“To the management company for their review and approval”

Pt VI, Line 11B

“PRIOR TO FILING.”

Form 990, Part IX, Line 24F

“Miscellaneous admin expenses 12641. 12641. 0. 0. Electricity 200238. 200238. 0. 0. Water 58509. 58509. 0. 0. Gas 75141. 75141. 0. 0. Sewer 73423. 73423. 0. 0. Supplies 7970. 7970. 0. 0. Miscellaneous maintenance costs 2250. 2250. 0. 0. Real estate taxes 235151. 235151. 0. 0. Miscellaneous taxes, licenses, and permits 4862. 4862. 0. 0. Tenant service grant expenses 121982. 121982. 0. 0.”

Raw XML Appendix375 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/BOYAmt0439635
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0465040
IRS990/AccountsReceivableGrp/BOYAmt01791
IRS990/AccountsReceivableGrp/EOYAmt01748
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide affordable housing to Low income senior citizens age 62 or over.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0688
IRS990/AdvertisingGrp/TotalAmt0688
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0792167
IRS990/AllOtherExpensesGrp/TotalAmt0792167
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0STEVE LESKO
IRS990/BooksInCareOfDetail/PhoneNum02017924918
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03060 KENNEDY BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0JERSEY CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007306
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0146669
IRS990/CashNonInterestBearingGrp/EOYAmt054376
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0188370
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0880 BERGEN AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0JERSEY CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd007306
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0NORMAN OSTROW INC
IRS990/ContractorCompensationGrp/ServicesDesc0PROPERTY MANAGEMENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0127951
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07831
IRS990/CYOtherExpensesAmt01503026
IRS990/CYOtherRevenueAmt038693
IRS990/CYProgramServiceRevenueAmt01929669
IRS990/CYRevenuesLessExpensesAmt0184839
IRS990/CYSalariesCompEmpBnftPaidAmt0416279
IRS990/CYTotalExpensesAmt01919305
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02104144
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0178310
IRS990/DepreciationDepletionGrp/TotalAmt0178310
IRS990/Desc0TO PROVIDE LOW COST HOUSING TO SENIOR CITIZENS AGE 62 AND OVER.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01797323
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02400
IRS990/FeesForServicesAccountingGrp/TotalAmt02400
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt012715
IRS990/FeesForServicesLegalGrp/TotalAmt012715
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0188370
IRS990/FeesForServicesManagementGrp/TotalAmt0188370
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0ANTHONY ARTIFICIO
IRS990/Form990PartVIISectionAGrp/PersonNm1ANTHONY VALDNER
IRS990/Form990PartVIISectionAGrp/PersonNm2HAROLD WELSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0127951
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02104144
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0112048
IRS990/InsuranceGrp/TotalAmt0112048
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt016707
IRS990/InterestGrp/TotalAmt016707
IRS990/InvestmentIncomeGrp/ExclusionAmt07831
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07831
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt017
IRS990/LandBldgEquipAccumDeprecAmt03867118
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01659076
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01761179
IRS990/LandBldgEquipCostOrOtherBssAmt05628297
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide affordable housing to
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01201604
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01082248
IRS990/NetAssetsOrFundBalancesBOYAmt01274311
IRS990/NetAssetsOrFundBalancesEOYAmt01459150
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt013919
IRS990/OfficeExpensesGrp/TotalAmt013919
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074574
IRS990/OtherEmployeeBenefitsGrp/TotalAmt074574
IRS990/OtherExpensesGrp/Desc0AUDIT EXPENSE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2MAINTENANCE CONTRACTS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt012025
IRS990/OtherExpensesGrp/ProgramServicesAmt19381
IRS990/OtherExpensesGrp/ProgramServicesAmt2164296
IRS990/OtherExpensesGrp/TotalAmt012025
IRS990/OtherExpensesGrp/TotalAmt19381
IRS990/OtherExpensesGrp/TotalAmt2164296
IRS990/OtherLiabilitiesGrp/BOYAmt0137800
IRS990/OtherLiabilitiesGrp/EOYAmt0142582
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt038693
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt038693
IRS990/OtherRevenueTotalAmt038693
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0311454
IRS990/OtherSalariesAndWagesGrp/TotalAmt0311454
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt030251
IRS990/PayrollTaxesGrp/TotalAmt030251
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt010579
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt032180
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05768
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt047124
IRS990/PrincipalOfficerNm0STEVE LESKO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc2TENANT LAUNDRY SERVICES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01918223
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18146
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23300
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE LOW COST HOUSING TO SENIOR CITIZENS AGE 62 AND OVER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0121982
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0127951
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0127951
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0126731
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03078
IRS990/PYOtherExpensesAmt01602579
IRS990/PYOtherRevenueAmt041816
IRS990/PYProgramServiceRevenueAmt01957834
IRS990/PYRevenuesLessExpensesAmt0133413
IRS990/PYSalariesCompEmpBnftPaidAmt0393467
IRS990/PYTotalExpensesAmt01996046
IRS990/PYTotalRevenueAmt02129459
IRS990/ReconcilationRevenueExpnssAmt0184839
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01968362
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01229467
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01252413
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01444170
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03820684
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05264854
IRS990ScheduleD/EquipmentGrp/BookValueAmt013796
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014789
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028585
IRS990ScheduleD/ExpensesSubtotalAmt01919305
IRS990ScheduleD/LandGrp/BookValueAmt0300000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0300000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03213
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031645
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt034858
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0140525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISCELLANEOUS LIABILITES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID RENT
IRS990ScheduleD/RevenueSubtotalAmt02104144
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01761179
IRS990ScheduleD/TotalExpensesPerForm990Amt01919305
IRS990ScheduleD/TotalLiabilityAmt0142582
IRS990ScheduleD/TotalRevenuePerForm990Amt02104144
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02104144
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01919305
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS CONTRACTED WITH AN OUTSIDE THIRD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PARTY INDEPENDENT REAL ESTATE PROPERTY MANAGER WITH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXTENSIVE EXPERIENCE IN MANAGING RESIDENTIAL REAL ESTATE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENTITIES THAT ARE REGULATED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON COMPLETION OF THE FORM 990 BY THE OUTSIDE THIRD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PARTY INDEPENDENT ACCOUNTING FIRM, THE FORM IS PROVIDED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TO THE MANAGEMENT COMPANY FOR THEIR REVIEW AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MISCELLANEOUS ADMIN EXPENSES 12641. 12641. 0. 0. ELECTRICITY 200238. 200238. 0. 0. WATER 58509. 58509. 0. 0. GAS 75141. 75141. 0. 0. SEWER 73423. 73423. 0. 0. SUPPLIES 7970. 7970. 0. 0. MISCELLANEOUS MAINTENANCE COSTS 2250. 2250. 0. 0. REAL ESTATE TAXES 235151. 235151. 0. 0. MISCELLANEOUS TAXES, LICENSES, AND PERMITS 4862. 4862. 0. 0. TENANT SERVICE GRANT EXPENSES 121982. 121982. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03053350
IRS990/TotalAssetsEOYAmt03149020
IRS990/TotalAssetsGrp/BOYAmt03053350
IRS990/TotalAssetsGrp/EOYAmt03149020
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0127951
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01919305
IRS990/TotalFunctionalExpensesGrp/TotalAmt01919305
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01779039
IRS990/TotalLiabilitiesEOYAmt01689870
IRS990/TotalLiabilitiesGrp/BOYAmt01779039
IRS990/TotalLiabilitiesGrp/EOYAmt01689870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01274311
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01459150
IRS990/TotalProgramServiceExpensesAmt01919305
IRS990/TotalProgramServiceRevenueAmt01929669
IRS990/TotalRevenueGrp/ExclusionAmt07831
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01968362
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02104144
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03053350
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03149020
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01274311
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01459150
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03060 Kennedy Boulevard
IRS990/USAddress/CityNm0Jersey City
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007306
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE LESKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02017924918
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANDVIEW TERRACE INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0221904314
ReturnHeader/Filer/PhoneNum02017924918
ReturnHeader/Filer/USAddress/AddressLine1Txt03060 KENNEDY BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0JERSEY CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007306
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAM KATCHEN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0SUITE 303 596 ANDERSON AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLIFFSIDE PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007010
ReturnHeader/PreparerPersonGrp/PhoneNum02019434449
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM KATCHEN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-02-15T06:58:34-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,149,020
Liabilities
$1,689,870
Net assets
$1,459,150
Revenue
$2,104,144
Expenses
$1,919,305
Net income
$184,839
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.52$0.30$6.22$2.25$2.16$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.40$0.27$6.13$6.66$2.24$4.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$1.29$1.79$2.40$2.27$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$1.49$1.66$2.28$2.19$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$1.53$1.57$2.23$2.16$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.09$1.58$1.50$2.20$2.15$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.15$1.69$1.46$2.10$1.92$0.18
2014Detailed filing. Detailed filing data is available for this year.$3.05$1.78$1.27$2.13$2.00$0.13
2013Summary only. Only limited summary data is available for this year.$3.00$1.86$1.14$2.10$1.98$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$1.98$1.02$1.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$2.06$0.85$1.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$2.12$0.78$1.73