Civic Intelligence

MID-Bronx Housing Development Fund Corporation

990 • Fiscal year 2015 • EIN 23-7363423

Jul 01, 2014 to Jun 30, 2015 • Filed on May 13, 2016

Organization Profilewww.midbronx.org
900 Grand ConcourseBronx, NY 10451

(718) 588-8200

Siviq Scores

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

Liabilities / Assets

55th percentile

0.14x

Higher debt load relative to assets than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

59th percentile

0.18x

Higher debt load relative to revenue than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

89th percentile

$195,306

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

72nd percentile

9.1%

Faster asset growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.5%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$4,028,562

Up $337,171 (+9.1%) from 2014

Net Assets

Up

$3,465,500

Up $342,894 (+11%) from 2014

Liabilities

Down

$563,062

Down $5,723 (-1.0%) from 2014

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin73rd percentile

Revenue

Up

$3,209,952

Up $46,251 (+1.5%) from 2014

Expenses

Down

$2,774,124

Down $208,658 (-7.0%) from 2014

Net Income

Up

$435,828

Up $254,909 (+141%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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: $3,764,578Liabilities 2010: $525,066Net Assets 2010: $3,239,5122010Assets 2011: $3,595,774Liabilities 2011: $645,780Net Assets 2011: $2,949,9942011Assets 2012: $3,653,769Liabilities 2012: $753,286Net Assets 2012: $2,900,4832012Assets 2013: $3,740,690Liabilities 2013: $807,132Net Assets 2013: $2,933,5582013Assets 2014: $3,691,391Liabilities 2014: $568,785Net Assets 2014: $3,122,6062014Assets 2015: $4,028,562Liabilities 2015: $563,062Net Assets 2015: $3,465,5002015Assets 2016: $4,371,528Liabilities 2016: $471,302Net Assets 2016: $3,900,2262016Assets 2017: $5,490,921Liabilities 2017: $528,119Net Assets 2017: $4,962,8022017Assets 2018: $6,333,748Liabilities 2018: $725,640Net Assets 2018: $5,608,1082018Assets 2019: $7,713,814Liabilities 2019: $1,367,261Net Assets 2019: $6,346,5532019Assets 2020: $5,900,250Liabilities 2020: $764,330Net Assets 2020: $5,135,9202020Assets 2021: $6,085,137Liabilities 2021: $800,784Net Assets 2021: $5,284,3532021Assets 2022: $5,532,789Liabilities 2022: $1,107,199Net Assets 2022: $4,425,5902022Assets 2023: $5,836,858Liabilities 2023: $2,277,796Net Assets 2023: $3,559,0622023Assets 2024: $6,640,249Liabilities 2024: $3,633,153Net Assets 2024: $3,007,0962024

Highlighted filing

2015

Assets$4,028,562
Liabilities$563,062
Net Assets$3,465,500
Open 2015 Filing

Operations Trend

Revenue Growth45th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,084,3962010Expenses 2011: $2,989,2872011Expenses 2012: $2,784,5032012Expenses 2013: $2,896,6642013Revenue 2014: $3,163,701Expenses 2014: $2,982,782Net Income 2014: $180,9192014Revenue 2015: $3,209,952Expenses 2015: $2,774,124Net Income 2015: $435,8282015Revenue 2016: $3,116,592Expenses 2016: $2,629,519Net Income 2016: $487,0732016Revenue 2017: $3,523,462Expenses 2017: $2,514,712Net Income 2017: $1,008,7502017Revenue 2018: $3,270,988Expenses 2018: $2,613,190Net Income 2018: $657,7982018Revenue 2019: $3,318,322Expenses 2019: $2,579,877Net Income 2019: $738,4452019Revenue 2020: $3,289,916Expenses 2020: $2,920,552Net Income 2020: $369,3642020Revenue 2021: $3,561,955Expenses 2021: $2,433,653Net Income 2021: $1,128,3022021Revenue 2022: $3,021,247Expenses 2022: $2,624,445Net Income 2022: $396,8022022Revenue 2023: $3,243,386Expenses 2023: $3,749,294Net Income 2023: -$505,9082023Revenue 2024: $3,611,911Expenses 2024: $3,000,216Net Income 2024: $611,6952024

Highlighted filing

2015

Revenue$3,209,952
Expenses$2,774,124
Net Income$435,828
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$3,209,952
Mission and Program Overview

Mission

Mid-Bronx HDFC was organized exclusively for the charitable purpose of developing housing for persons of low income located in the Bronx, NY. on Tax Block 2522 Lot 43, 47, 49, 51, 53, 55, 100, 115, 117, 123, 124, Tax Block 2523 Lot 43 and Tax Block 2525 Lots 7 and 11.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$732,547$1,125,186▲ $392,639
Investments in Publicly Traded Securities$361,530$331,426▼ $30,104
Cash and Non-Interest-Bearing Accounts$150,694$280,587▲ $129,893
Land, Buildings, and Equipment, Net$270,081$242,685▼ $27,396
Investments Other Securities$133,334$133,334→ $0
Savings and Temporary Cash Investments$107,553$107,725▲ $172
Prepaid Expenses and Deferred Charges$41,708$0▼ $41,708
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,691,391$4,028,562▲ $337,171
Other Assets Total$1,893,944$1,807,619▼ $86,325
Liabilities
Accounts Payable and Accrued Expenses$314,651$385,774▲ $71,123
Other Liabilities$254,134$177,288▼ $76,846
Total Liabilities$568,785$563,062▼ $5,723
Net Assets / Fund Balance
Unrestricted Net Assets$3,122,606$3,465,500▲ $342,894
Total Net Assets Fund Balance$3,122,606$3,465,500▲ $342,894
Total Liabilities and Net Assets / Fund Balance$3,691,391$4,028,562▲ $337,171

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$165,224$120,988$286,212
Equipment$16,363$145,239$161,602
Buildings$61,092$90,583$151,675
Leasehold Improvements-$148,480$148,480
Land$6-$6
Other Assets Org$170,837--
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Dennis L TerryChairman
Mary ColemanVice Chair
Dr Madan PaulMember
Jeanette PuryearSec./Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,008,893
Investment Income
$52,343
Other Revenue
$148,716
Change in Net Assets
$435,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,209,952
Revenue Not Reported on Form 990
$-64,193
Total Revenue per Audited Statements
$3,145,759
Total Revenue per Form 990
$3,209,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,337,199
Salaries, Compensation, and Employee Benefits$436,925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,046,311$55,896-$1,102,207
Other Salaries and Wages$294,642$36,599-$331,241
Fees for Services Management-$254,056-$254,056
Fees for Services Other-$186,184-$186,184
Depreciation Depletion$109,853--$109,853
Office Expenses$44,928$57,125-$102,053
Other Employee Benefits$67,129$9,153-$76,282
Fees for Services Legal-$31,112-$31,112
Payroll Taxes$19,802$2,670-$22,472
Other Expenses$17,152--$17,152
Fees for Services Accounting-$14,750-$14,750
Insurance-$7,118-$7,118
Pension Plan Contributions$6,098$832-$6,930
Travel-$3,392-$3,392
Advertising-$349-$349
Total Functional Expenses$2,114,888$659,236$0$2,774,124

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,774,124
Total Expenses per Audited Statements$2,774,124
Total Expenses per Form 990$2,774,124
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant security deposits payable$170,837
Due to Affiliates$6,451
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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, Line 11B: Form 990 Review Process

“The organization's 990 is prepared by its auditing firm and reviewed by the executive director and deputy fiscal director of Mid-bronx Senior Citizens Council, Inc.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“At the beginning of each year the individual board members are asked to disclose any conflict of interest. In addition, the board members are required to disclose any conflict of interest during the course of the year. Should any conflict of interest or potential conflict of interest arise board members has to refrain from voting.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization's 990 is available upon request at their office. The organization makes those of its governing documents and financial statements that are included in publicly available tax forms available for inspection, upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Mid-bronx Housing Development
EIN
23-7363423
Phone
7185888200
Address
900 GRAND CONCOURSE, BRONX, NY 10451

Signing Officer

Name
Jeanette Puryear
Title
Sec./Treasurer
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanette Puryear
Formed
1974
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
3
Employees
35
Volunteers
3

Preparer

Firm
Bca Watson Rice Llp
Address
5 PENN PLAZA 15TH FL, NEW YORK, NY 10001-1810
Preparer
Cazembe Bektemba CPA
Phone
2124477300
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Corporation has evaluated the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the United States of America, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, the Corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2014 and 2013.”

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IRS990/OtherRevenueMiscGrp/ExclusionAmt057000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt091716
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt057000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt191716
IRS990/OtherRevenueTotalAmt0148716
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036599
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0294642
IRS990/OtherSalariesAndWagesGrp/TotalAmt0331241
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02670
IRS990/PayrollTaxesGrp/ProgramServicesAmt019802
IRS990/PayrollTaxesGrp/TotalAmt022472
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0832
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06098
IRS990/PensionPlanContributionsGrp/TotalAmt06930
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041708
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JEANETTE PURYEAR
IRS990/PriorPeriodAdjustmentsAmt0-28741
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03008893
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03008893
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt030989
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02594281
IRS990/PYOtherRevenueAmt0175705
IRS990/PYProgramServiceRevenueAmt02957007
IRS990/PYRevenuesLessExpensesAmt0180919
IRS990/PYSalariesCompEmpBnftPaidAmt0388501
IRS990/PYTotalExpensesAmt02982782
IRS990/PYTotalRevenueAmt03163701
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0435828
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03008893
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107553
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107725
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt052343
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030268
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013874
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014560
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt014179
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0125224
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03008893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02957007
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02727330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02626941
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02648733
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt013968904
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt052343
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030268
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013874
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014560
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt014179
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0125224
IRS990ScheduleA/InvestmentIncomeCYPct00.00850
IRS990ScheduleA/InvestmentIncomePYPct00.00690
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0148716
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0175705
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0189816
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt089518
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt033050
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0636805
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94830
IRS990ScheduleA/PublicSupportPY509Pct00.95670
IRS990ScheduleA/PublicSupportTotal509Amt013968904
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03008893
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02957007
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02727330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02626941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02648733
IRS990ScheduleA/Total509Grp/TotalAmt013968904
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03209952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03162980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02931020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02731019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02695962
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014730933
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt061092
IRS990ScheduleD/BuildingsGrp/DepreciationAmt090583
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0151675
IRS990ScheduleD/EquipmentGrp/BookValueAmt016363
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0145239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0161602
IRS990ScheduleD/ExpensesSubtotalAmt02774124
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0148480
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0148480
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-64193
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt096922
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11108243
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2431617
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3170837
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Affiliates
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Operating reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Other assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0165224
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0120988
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0286212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06451
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1170837
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant security deposits payable
IRS990ScheduleD/RevenueNotReportedAmt0-64193
IRS990ScheduleD/RevenueSubtotalAmt03209952
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation has evaluated the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the United States of America, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, the Corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2014 and 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0242685
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01807619
IRS990ScheduleD/TotalExpensesPerForm990Amt02774124
IRS990ScheduleD/TotalLiabilityAmt0177288
IRS990ScheduleD/TotalRevenuePerForm990Amt03209952
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03145759
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02774124
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0159438
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt035868
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEANETTE PURYEAR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Sec./Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0195306
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's 990 is prepared by its auditing firm and reviewed by the executive director and deputy fiscal director of Mid-bronx Senior Citizens Council, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE BEGINNING OF EACH YEAR THE INDIVIDUAL BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST. IN ADDITION, THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST DURING THE COURSE OF THE YEAR. SHOULD ANY CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST ARISE BOARD MEMBERS HAS TO REFRAIN FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's 990 is available upon request at their office. The organization makes those of its governing documents and financial statements that are included in publicly available tax forms available for inspection, upon request at the organization's office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$4,028,562
Liabilities
$563,062
Net assets
$3,465,500
Revenue
$3,209,952
Expenses
$2,774,124
Net income
$435,828
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.64$3.63$3.01$3.61$3.00$0.61
2023Detailed filing. Detailed filing data is available for this year.$5.84$2.28$3.56$3.24$3.75$0.51
2022Detailed filing. Detailed filing data is available for this year.$5.53$1.11$4.43$3.02$2.62$0.40
2021Detailed filing. Detailed filing data is available for this year.$6.09$0.80$5.28$3.56$2.43$1.13
2020Detailed filing. Detailed filing data is available for this year.$5.90$0.76$5.14$3.29$2.92$0.37
2019Detailed filing. Detailed filing data is available for this year.$7.71$1.37$6.35$3.32$2.58$0.74
2018Detailed filing. Detailed filing data is available for this year.$6.33$0.73$5.61$3.27$2.61$0.66
2017Detailed filing. Detailed filing data is available for this year.$5.49$0.53$4.96$3.52$2.51$1.01
2016Detailed filing. Detailed filing data is available for this year.$4.37$0.47$3.90$3.12$2.63$0.49
2015Detailed filing. Detailed filing data is available for this year.$4.03$0.56$3.47$3.21$2.77$0.44
2014Detailed filing. Detailed filing data is available for this year.$3.69$0.57$3.12$3.16$2.98$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.81$2.93$2.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.75$2.90$2.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.65$2.95$2.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.53$3.24$3.08