Civic Intelligence

Center Park II Inc

EIN 23-3034775 • 501(c)3 • Philadelphia, PA

Profile

The mission is to provide affordable housing opportunities for low-income seniors who are able to sustain themselves in an independent living environment, to create facilities where our residents can reside and socialize while maintaining a high quality of life and activity, and to have our facilities available to as many seniors as possible by developing additional buildings in philadelphia and the surrounding suburbs.

8900 Roosevelt BlvdPhiladelphia, PA 19115-5060

www.federationhousing.org

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

17th percentile

-16%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M 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

29th percentile

-2.5%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

1.5%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,772,058

Down $96,152 (-2.5%) from 2023

Liabilities

Down

$126,300

Down $960 (-0.8%) from 2023

Net Assets

Down

$3,645,758

Down $95,192 (-2.5%) from 2023

Revenue

Up

$618,679

Up $9,127 (+1.5%) from 2023

Expenses

Up

$718,654

Up $91,479 (+15%) from 2023

Net Income

Down

-$99,975

Down $82,352 (-467%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,179,083Liabilities 2011: $42,455Net Assets 2011: $5,136,6282011Assets 2012: $5,067,294Liabilities 2012: $56,509Net Assets 2012: $5,010,7852012Assets 2013: $4,963,253Liabilities 2013: $116,240Net Assets 2013: $4,847,0132013Assets 2014: $4,790,017Liabilities 2014: $133,150Net Assets 2014: $4,656,8672014Assets 2015: $4,656,626Liabilities 2015: $130,810Net Assets 2015: $4,525,8162015Assets 2016: $4,448,700Liabilities 2016: $37,404Net Assets 2016: $4,411,2962016Assets 2017: $4,343,397Liabilities 2017: $46,351Net Assets 2017: $4,297,0462017Assets 2018: $4,190,164Liabilities 2018: $55,337Net Assets 2018: $4,134,8272018Assets 2019: $4,053,209Liabilities 2019: $36,432Net Assets 2019: $4,016,7772019Assets 2020: $3,991,205Liabilities 2020: $57,111Net Assets 2020: $3,934,0942020Assets 2021: $3,946,114Liabilities 2021: $99,577Net Assets 2021: $3,846,5372021Assets 2022: $3,837,302Liabilities 2022: $71,269Net Assets 2022: $3,766,0332022Assets 2023: $3,868,210Liabilities 2023: $127,260Net Assets 2023: $3,740,9502023Assets 2024: $3,772,058Liabilities 2024: $126,300Net Assets 2024: $3,645,7582024

Highlighted filing

2024

Assets$3,772,058
Liabilities$126,300
Net Assets$3,645,758

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $384,656Expenses 2011: $521,498Net Income 2011: -$136,8422011Revenue 2012: $392,638Expenses 2012: $518,481Net Income 2012: -$125,8432012Expenses 2013: $554,2392013Revenue 2014: $391,627Expenses 2014: $581,773Net Income 2014: -$190,1462014Revenue 2015: $453,648Expenses 2015: $584,699Net Income 2015: -$131,0512015Revenue 2016: $453,869Expenses 2016: $568,389Net Income 2016: -$114,5202016Revenue 2017: $482,215Expenses 2017: $596,465Net Income 2017: -$114,2502017Revenue 2018: $484,518Expenses 2018: $646,737Net Income 2018: -$162,2192018Revenue 2019: $497,292Expenses 2019: $626,133Net Income 2019: -$128,8412019Revenue 2020: $517,706Expenses 2020: $605,400Net Income 2020: -$87,6942020Revenue 2021: $535,959Expenses 2021: $620,093Net Income 2021: -$84,1342021Revenue 2022: $561,228Expenses 2022: $622,471Net Income 2022: -$61,2432022Revenue 2023: $609,552Expenses 2023: $627,175Net Income 2023: -$17,6232023Revenue 2024: $618,679Expenses 2024: $718,654Net Income 2024: -$99,9752024

Highlighted filing

2024

Revenue$618,679
Expenses$718,654
Net Income-$99,975

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.13$3.65$0.62$0.72$0.10
2023Summary only. Only limited summary data is available for this year.$3.87$0.13$3.74$0.61$0.63$0.02
2022Summary only. Only limited summary data is available for this year.$3.84$0.07$3.77$0.56$0.62$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.10$3.85$0.54$0.62$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.06$3.93$0.52$0.61$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.04$4.02$0.50$0.63$0.13
2018Summary only. Only limited summary data is available for this year.$4.19$0.06$4.13$0.48$0.65$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$0.05$4.30$0.48$0.60$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.45$0.04$4.41$0.45$0.57$0.11
2015Summary only. Only limited summary data is available for this year.$4.66$0.13$4.53$0.45$0.58$0.13
2014Detailed filing. Detailed filing data is available for this year.$4.79$0.13$4.66$0.39$0.58$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$0.12$4.85$0.55
2012Summary only. Only limited summary data is available for this year.$5.07$0.06$5.01$0.39$0.52$0.13
2011Summary only. Only limited summary data is available for this year.$5.18$0.04$5.14$0.38$0.52$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 10, 2025
Return Version
2023v6.0
Gross Receipts
$618,679
Mission and Program Overview

Mission

The mission is to provide affordable housing opportunities for low-income seniors who are able to sustain themselves in an independent living environment, to create facilities where our residents can reside and socialize while maintaining a high quality of life and activity, and to have our facilities available to as many seniors as possible by developing additional buildings in philadelphia and the surrounding suburbs.

To provide safe, affordable and well managed housing to low-income seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,531,657$3,399,038▼ $132,619
Investments Program Related$251,805$274,092▲ $22,287
Cash and Non-Interest-Bearing Accounts$67,247$56,414▼ $10,833
Prepaid Expenses and Deferred Charges$1,855$22,462▲ $20,607
Accounts Receivable$25$3,603▲ $3,578
Total Assets$3,868,210$3,772,058▼ $96,152
Other Assets Total$15,621$16,449▲ $828
Liabilities
Accounts Payable and Accrued Expenses$106,666$105,321▼ $1,345
Other Liabilities$15,272$16,100▲ $828
Deferred Revenue$5,322$4,879▼ $443
Total Liabilities$127,260$126,300▼ $960
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,143,200$5,143,200→ $0
Net Assets Without Donor Restrictions$-1,402,250$-1,497,442▼ $95,192
Total Net Assets Fund Balance$3,740,950$3,645,758▼ $95,192
Total Liabilities and Net Assets / Fund Balance$3,868,210$3,772,058▼ $96,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,150,866$3,487,046$6,637,912
Other Land Buildings$77,953$331,485$409,438
Equipment$137,943$114,019$251,962
Land$32,276-$32,276
Investment Program Related Org$43--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jay WeinsteinPresident
Gary RubinVice President
Mitchell GoldbergVice President
Eric NaftulinExecutive Director
Karen CohenSecretary
Michael Davidson EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$609,084
Investment Income
$9,595
Other Revenue
$0
Change in Net Assets
$-99,975

Audited Revenue Reconciliation

Revenue per Audited Statements
$618,679
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,783
Total Revenue per Audited Statements
$623,462
Total Revenue per Form 990
$618,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$543,053
Salaries, Compensation, and Employee Benefits$175,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$233,816--$233,816
Other Salaries and Wages$146,163--$146,163
Occupancy$96,548--$96,548
Fees for Services Management-$46,050-$46,050
Insurance$26,815--$26,815
Other Employee Benefits$20,043--$20,043
Office Expenses$15,124--$15,124
Fees for Services Accounting-$14,752-$14,752
Payroll Taxes$9,395--$9,395
All Other Expenses$7,651--$7,651
Other Expenses$4,376--$4,376
Conferences and Meetings$1,276--$1,276
Advertising$284--$284
Total Functional Expenses$657,852$60,802$0$718,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$718,654
Total Expenses per Audited Statements$718,654
Total Expenses per Form 990$718,654
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Tenant Security Deposits$16,100
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Federation housing, inc. Is the management company overseeing and performing administrative duties for this entity.

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

The tax return is reviewed by the director of finance, executive vice president and the audit/ finance committee of the board. The return is made available to the entire board before it is filed with the irs.

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

Conflict of interest statements are signed by the board members upon election to the board and monitored by the vice president, finance director and the audit/finance committee.

Form 990, Part VI, Section B, Line 15

The personnel committee reviews and approves the compensation of key employees by taking into consideration cash and noncash compensation, performance evaluation, experience, and market data.

Form 990, Part VI, Section C, Line 19

The governing documents, the conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Center Park Ii Inc
EIN
23-3034775
Phone
2156736446
Address
8900 ROOSEVELT BLVD, PHILADELPHIA, PA 19115-5060

Signing Officer

Name
Ava Goldman
Title
President
Phone
2156736446
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ava Goldman
Formed
2000
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
10
Volunteers
5

Preparer

Firm
Tait Weller & Baker Llp
Address
50 SOUTH 16TH STREET SUITE 2900, PHILADELPHIA, PA 19102
Preparer
Harrison Pereira
Phone
2159798800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The project is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The project regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax exempt status, unrelated business income and related matters. The project believes that in the event of an examination by taxing authorities, the project's positions would prevail based upon the technical merits of such positions. Therefore, the project has concluded that no tax benefits or liabilities are required to be recognized in accordance with the accounting interpretation. The project's federal information returns are generally subject to examination by the internal revenue service for three years, including the fiscal years ending august 31, 2021, 2022 and 2023, as well as the return to be filed for the year ended august 31, 2024.

Raw XML AppendixShowing 400 of 676 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
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IRS990/Desc0PROVIDES AFFORDABLE HOUSING OPPORTUNITIES FOR LOW-INCOME SENIORS BY SERVING 66 RESIDENTS IN 61 UNITS, WHO SUSTAIN THEMSELVES IN INDEPENDENT LIVING ENVIRONMENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
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IRS990/OtherExpensesGrp/ProgramServicesAmt110655
IRS990/OtherExpensesGrp/ProgramServicesAmt24695
IRS990/OtherExpensesGrp/ProgramServicesAmt34376
IRS990/OtherExpensesGrp/TotalAmt081011
IRS990/OtherExpensesGrp/TotalAmt110655
IRS990/OtherExpensesGrp/TotalAmt24695
IRS990/OtherExpensesGrp/TotalAmt34376
IRS990/OtherLiabilitiesGrp/BOYAmt015272
IRS990/OtherLiabilitiesGrp/EOYAmt016100
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0146163
IRS990/OtherSalariesAndWagesGrp/TotalAmt0146163
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09395
IRS990/PayrollTaxesGrp/TotalAmt09395
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01855
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022462
IRS990/PrincipalOfficerNm0AVA GOLDMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PROG
IRS990/ProgramServiceRevenueGrp/Desc1RENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3LAUNDRY AND VENDING
IRS990/ProgramServiceRevenueGrp/Desc4TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0372916
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1221400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27162
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36728
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0372916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1221400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27162
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36728
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4878
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05218
IRS990/PYOtherExpensesAmt0467281
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0604334
IRS990/PYRevenuesLessExpensesAmt0-17623
IRS990/PYSalariesCompEmpBnftPaidAmt0159894
IRS990/PYTotalExpensesAmt0627175
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0609552
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-99975
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0609084
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0232122054
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FEDERATION HOUSING INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03150866
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03487046
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06637912
IRS990ScheduleD/EquipmentGrp/BookValueAmt0137943
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0114019
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0251962
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0718654
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0274049
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt143
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESIDUAL RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LandGrp/BookValueAmt032276
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032276
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04783
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077953
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0331485
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0409438
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt04783
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0618679
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN PREVIOUSLY FILED INFORMATION RETURNS AND AS REFLECTED IN ITS FINANCIAL STATEMENTS, WITH REGARD TO ISSUES AFFECTING ITS TAX EXEMPT STATUS, UNRELATED BUSINESS INCOME AND RELATED MATTERS. THE PROJECT BELIEVES THAT IN THE EVENT OF AN EXAMINATION BY TAXING AUTHORITIES, THE PROJECT'S POSITIONS WOULD PREVAIL BASED UPON THE TECHNICAL MERITS OF SUCH POSITIONS. THEREFORE, THE PROJECT HAS CONCLUDED THAT NO TAX BENEFITS OR LIABILITIES ARE REQUIRED TO BE RECOGNIZED IN ACCORDANCE WITH THE ACCOUNTING INTERPRETATION. THE PROJECT'S FEDERAL INFORMATION RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS, INCLUDING THE FISCAL YEARS ENDING AUGUST 31, 2021, 2022 AND 2023, AS WELL AS THE RETURN TO BE FILED FOR THE YEAR ENDED AUGUST 31, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03399038
IRS990ScheduleD/TotalBookValueProgramRltdAmt0274092
IRS990ScheduleD/TotalExpensesPerForm990Amt0718654
IRS990ScheduleD/TotalLiabilityAmt016100
IRS990ScheduleD/TotalRevenuePerForm990Amt0618679
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0623462
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0718654
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0267037
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt09732
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ERIC NAFTULIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0290175
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FEDERATION HOUSING, INC. IS THE MANAGEMENT COMPANY OVERSEEING AND PERFORMING ADMINISTRATIVE DUTIES FOR THIS ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TAX RETURN IS REVIEWED BY THE DIRECTOR OF FINANCE, EXECUTIVE VICE PRESIDENT AND THE AUDIT/ FINANCE COMMITTEE OF THE BOARD. THE RETURN IS MADE AVAILABLE TO THE ENTIRE BOARD BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY THE BOARD MEMBERS UPON ELECTION TO THE BOARD AND MONITORED BY THE VICE PRESIDENT, FINANCE DIRECTOR AND THE AUDIT/FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PERSONNEL COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF KEY EMPLOYEES BY TAKING INTO CONSIDERATION CASH AND NONCASH COMPENSATION, PERFORMANCE EVALUATION, EXPERIENCE, AND MARKET DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FHI
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0FHI TREVOSE GP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0453713043
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt08900 ROOSEVELT BLVD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd019115
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0731686751
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1232927365
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2460733864
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2PA

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