Liabilities / Assets
30th percentile
Higher debt load relative to assets than 30% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.09x
Liabilities / Revenue
9th percentile
Higher debt load relative to revenue than 9% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 11.9% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$2,052,686
Up $359,272 (+21%) from 2014
Net Assets
Up$1,858,961
Up $344,232 (+23%) from 2014
Liabilities
Up$193,725
Up $15,040 (+8.4%) from 2014
Revenue And Expenses
Revenue
Up$2,169,190
Up $215,640 (+11%) from 2014
Expenses
Up$1,824,958
Up $167,368 (+10%) from 2014
Net Income
Up$344,232
Up $48,272 (+16%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 2, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $2,169,190
Mission and Program Overview
Mission
To promote, preserve, manage, and maintain affordable housing; provide assistance and space for small businesses that benefit the community; and to co-ordinate related tenant services.
Stanton norfolk inc., ("stanton") was established to promote affordable housing by assisting tenants to obtain and maintain qualification for government and private housing assistance programs, acting as liaison between tenants and building owners, and crafting solutions to allow tenants with financial or other problems to avoid eviction. Stanton manages all of its parent organization, asian americans for equality, inc.'s ("aafe") housing developments. Currently, stanton oversees in excess of 500 affordable housing units located in lower manhattan. Aafe and its limited partnerships have entered into several property management agreements with stanton to provide for, among other matters, tenant assistance, property administration, rental management and repair, and staff supervision.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,079,299 | $1,409,246 | ▲ $329,947 |
| Prepaid Expenses and Deferred Charges | $6,643 | $19,853 | ▲ $13,210 |
| Land, Buildings, and Equipment, Net | $26,753 | $18,659 | ▼ $8,094 |
| Accounts Receivable | $31,645 | $13,104 | ▼ $18,541 |
| Cash and Non-Interest-Bearing Accounts | $250 | $250 | → $0 |
| Total Assets | $1,693,414 | $2,052,686 | ▲ $359,272 |
| Other Assets Total | $548,824 | $591,574 | ▲ $42,750 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $176,435 | $190,884 | ▲ $14,449 |
| Other Liabilities | $2,250 | $2,841 | ▲ $591 |
| Total Liabilities | $178,685 | $193,725 | ▲ $15,040 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,514,729 | $1,858,961 | ▲ $344,232 |
| Total Net Assets Fund Balance | $1,514,729 | $1,858,961 | ▲ $344,232 |
| Total Liabilities and Net Assets / Fund Balance | $1,693,414 | $2,052,686 | ▲ $359,272 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $18,659 | $16,458 | $35,117 |
| Other Assets Org | $591,574 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Chris Mallios | Chief Financial Officer | - | - | $133,458 | $133,458 |
| Hsueh Lam Yan | Vice President | PT | $96,407 | - | $96,407 |
| Christopher Kui | President | - | $60,000 | $198,284 | $60,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Thomas Yu | Secretary & Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $2,154,046
- Investment Income
- $15,144
- Other Revenue
- $0
- Change in Net Assets
- $344,232
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $2,169,190
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $2,169,190
- Total Revenue per Form 990
- $2,169,190
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,247,310 |
| Other Expenses | $577,648 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $888,346 | $358,964 | - | $1,247,310 |
| Occupancy | $255,149 | - | - | $255,149 |
| Fees for Services Management | $750 | $77,250 | - | $78,000 |
| Office Expenses | $41,743 | $13,914 | - | $55,657 |
| Insurance | $12,211 | $1,742 | - | $13,953 |
| Fees for Services Accounting | - | $13,250 | - | $13,250 |
| Fees for Services Other | $11,500 | - | - | $11,500 |
| Other Expenses | $9,880 | $250 | - | $10,130 |
| Depreciation Depletion | $6,071 | $2,023 | - | $8,094 |
| Fees for Services Legal | $1,800 | - | - | $1,800 |
| Total Functional Expenses | $1,346,048 | $478,910 | $0 | $1,824,958 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,824,958 |
| Total Expenses per Audited Statements | $1,824,958 |
| Total Expenses per Form 990 | $1,824,958 |
| 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 Item | Amount |
|---|---|
| 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
| Liability | Amount |
|---|---|
| Prepaid Rent | $2,318 |
| Due to Affiliates | $523 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Stanton norfolk, inc. Is a membership organization with asian americans for equality, inc. As a sole member.”
Form 990, Part VI, Section A, Line 7A
“Asian americans for equality, inc., being the sole member, is entitled to appoint the directors; provided, however, that in the event that additional persons are accepted as members of the corporation pursuant to section 2.2 of the organization's by-laws, the number of directors to be appointed by each member may be reapportioned by a favorable action of the board of directors.”
Form 990, Part VI, Section A, Line 7B
“The following corporate actions may not be taken without the approval of the members: (a) a majority of the votes cast at a meeting of the members is required for (1) any amendment of or change to the certificate of incorporation or (2) a petition for judicial dissolution; (b) two-thirds of the votes cast at a meeting of the members is required for (1) disposing of all, or substantially all, of the assets of the corporation, (2) approval of a plan of merger, (3) authorization of a plan of non-judicial dissolution, or (4) revocation of a voluntary dissolution proceeding. Provided, however, that the affirmative votes cast in favor of any such action shall be at least equal to the minimum number of votes necessary to constitute a quorum. Further, the members can also remove any director any time with or without cause by a vote.”
Form 990, Part VI, Section B, Line 11
“At least 14 days prior to filing, the organization distributes a draft form 990 to the board for review. Ten days are allowed for feedback, through the board treasurer, before form 990 is finalized and filed. A copy of the filed form 990 is provided to the board for their records.”
Form 990, Part VI, Section B, Line 12C
“Directors and officers are issued with a copy of the organization's current conflict of interest (coi) policy upon appointment, and annually thereafter. Directors and officers complete annual declarations to either confirm no conflicts, or identify possible and/or actual conflicts.”
Form 990, Part VI, Section B, Line 15A
“The organization uses the following to determine the compensation of its top management official: 1) compensation committee; 2) compensation survey or study; and 3)approval by the board or compensation committee.”
Form 990, Part VI, Section C, Line 19
“Governing documents, conflict of interest policy and financial statements are available to the public by request to any board member or officer. These documents are maintained at the organization's registered office.”
Filing and Contact Details
Filer
- Filer Name
- Stanton Norfolk Inc
- EIN
- 26-1880608
- Phone
- 2124772265
- Address
- 141 NORFOLK ST GROUND FLOOR, NEW YORK, NY 10002
Signing Officer
- Name
- Christopher Kui
- Title
- Executive Director
- Phone
- 2124772265
- Signed
- 2016-11-02
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Christopher Kui
- Formed
- 2008
- Legal Domicile
- Ny
- Voting Board Members
- 3
- Independent Board Members
- 1
- Employees
- 39
- Volunteers
- 1
Preparer
- Firm
- Marks Paneth Llp
- Address
- 685 THIRD AVENUE, NEW YORK, NY 10017
- Preparer
- Robert Lyons
- Phone
- 2125038800
Supplemental Narrative
Additional Explanations
FORM 990, PART XIX, LINE 2C:
“The process of overseeing the audit and selection of independent accountant has not been changed from the prior year.”
Financial Statement Notes
PART X, LINE 2:
“Fin 48 disclosure: stanton believes it had no uncertain tax positions as of december 31, 2015 and 2014 in accordance with accounting standards codification ("asc") topic 740, which provides standards for establishing and classifying any tax provisions for uncertain tax positions.”
Raw XML AppendixShowing 400 of 686 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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 176435 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 190884 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 31645 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 13104 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | STANTON NORFOLK INC., ("STANTON") WAS ESTABLISHED TO PROMOTE AFFORDABLE HOUSING BY ASSISTING TENANTS TO OBTAIN AND MAINTAIN QUALIFICATION FOR GOVERNMENT AND PRIVATE HOUSING ASSISTANCE PROGRAMS, ACTING AS LIAISON BETWEEN TENANTS AND BUILDING OWNERS, AND CRAFTING SOLUTIONS TO ALLOW TENANTS WITH FINANCIAL OR OTHER PROBLEMS TO AVOID EVICTION. STANTON MANAGES ALL OF ITS PARENT ORGANIZATION, ASIAN AMERICANS FOR EQUALITY, INC.'S ("AAFE") HOUSING DEVELOPMENTS. CURRENTLY, STANTON OVERSEES IN EXCESS OF 500 AFFORDABLE HOUSING UNITS LOCATED IN LOWER MANHATTAN. AAFE AND ITS LIMITED PARTNERSHIPS HAVE ENTERED INTO SEVERAL PROPERTY MANAGEMENT AGREEMENTS WITH STANTON TO PROVIDE FOR, AMONG OTHER MATTERS, TENANT ASSISTANCE, PROPERTY ADMINISTRATION, RENTAL MANAGEMENT AND REPAIR, AND STAFF SUPERVISION. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MELINA SIT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2124772265 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 141 NORFOLK STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10002 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 250 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 250 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 358964 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 888346 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 1247310 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 15144 |
| IRS990/CYOtherExpensesAmt | 0 | 577648 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2154046 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 344232 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1247310 |
| IRS990/CYTotalExpensesAmt | 0 | 1824958 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2169190 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2023 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 6071 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 8094 |
| IRS990/Desc | 0 | AFFORDABLE HOUSING: PROMOTION, PRESERVATION, MANAGEMENT, AND MAINTENANCE OF AFFORDABLE HOUSING - INCLUDING COORDINATING TENANT SERVICES. STANTON OVERSEES IN EXCESS OF 500 AFFORDABLE HOUSING UNITS LOCATED IN LOWER MANHATTAN AND QUEENS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 39 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1346048 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13250 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13250 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 1800 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1800 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 77250 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 750 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 78000 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 11500 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11500 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 31.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 33.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 32.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 7997 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 3554 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHRISTOPHER KUI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HSUEH LAM YAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | THOMAS YU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CHRIS MALLIOS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 60000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 96407 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 190287 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 129904 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY & TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2169190 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 1 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1742 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 12211 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13953 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 15144 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 15144 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 16458 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 26753 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 18659 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 35117 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE, PRESERVE, MANAGE, AND MAINTAIN AFFORDABLE HOUSING; PROVIDE ASSISTANCE AND SPACE FOR SMALL BUSINESSES THAT BENEFIT THE COMMUNITY; AND TO CO-ORDINATE RELATED TENANT SERVICES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1514729 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1858961 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 255149 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 255149 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 13914 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 41743 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 55657 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 548824 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 591574 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | TELEPHONE & INTERNET |
| IRS990/OtherExpensesGrp/Desc | 2 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8233 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3284 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 250 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 108747 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 9851 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 9880 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 116980 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 13135 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10130 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2250 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2841 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6643 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 19853 |
| IRS990/PrincipalOfficerNm | 0 | CHRISTOPHER KUI |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 532000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROPERTY MGMT FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | COMMERCIAL RENT |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1219639 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 709256 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 225151 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO AFFILIATES |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FIN 48 DISCLOSURE: STANTON BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2015 AND 2014 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 591574 |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 2841 |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1824958 |
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| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
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| IRS990/ScheduleJRequiredInd | 0 | 1 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | STANTON NORFOLK, INC. IS A MEMBERSHIP ORGANIZATION WITH ASIAN AMERICANS FOR EQUALITY, INC. AS A SOLE MEMBER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ASIAN AMERICANS FOR EQUALITY, INC., BEING THE SOLE MEMBER, IS ENTITLED TO APPOINT THE DIRECTORS; PROVIDED, HOWEVER, THAT IN THE EVENT THAT ADDITIONAL PERSONS ARE ACCEPTED AS MEMBERS OF THE CORPORATION PURSUANT TO SECTION 2.2 OF THE ORGANIZATION'S BY-LAWS, THE NUMBER OF DIRECTORS TO BE APPOINTED BY EACH MEMBER MAY BE REAPPORTIONED BY A FAVORABLE ACTION OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOLLOWING CORPORATE ACTIONS MAY NOT BE TAKEN WITHOUT THE APPROVAL OF THE MEMBERS: (A) A MAJORITY OF THE VOTES CAST AT A MEETING OF THE MEMBERS IS REQUIRED FOR (1) ANY AMENDMENT OF OR CHANGE TO THE CERTIFICATE OF INCORPORATION OR (2) A PETITION FOR JUDICIAL DISSOLUTION; (B) TWO-THIRDS OF THE VOTES CAST AT A MEETING OF THE MEMBERS IS REQUIRED FOR (1) DISPOSING OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION, (2) APPROVAL OF A PLAN OF MERGER, (3) AUTHORIZATION OF A PLAN OF NON-JUDICIAL DISSOLUTION, OR (4) REVOCATION OF A VOLUNTARY DISSOLUTION PROCEEDING. PROVIDED, HOWEVER, THAT THE AFFIRMATIVE VOTES CAST IN FAVOR OF ANY SUCH ACTION SHALL BE AT LEAST EQUAL TO THE MINIMUM NUMBER OF VOTES NECESSARY TO CONSTITUTE A QUORUM. FURTHER, THE MEMBERS CAN ALSO REMOVE ANY DIRECTOR ANY TIME WITH OR WITHOUT CAUSE BY A VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AT LEAST 14 DAYS PRIOR TO FILING, THE ORGANIZATION DISTRIBUTES A DRAFT FORM 990 TO THE BOARD FOR REVIEW. TEN DAYS ARE ALLOWED FOR FEEDBACK, THROUGH THE BOARD TREASURER, BEFORE FORM 990 IS FINALIZED AND FILED. A COPY OF THE FILED FORM 990 IS PROVIDED TO THE BOARD FOR THEIR RECORDS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DIRECTORS AND OFFICERS ARE ISSUED WITH A COPY OF THE ORGANIZATION'S CURRENT CONFLICT OF INTEREST (COI) POLICY UPON APPOINTMENT, AND ANNUALLY THEREAFTER. DIRECTORS AND OFFICERS COMPLETE ANNUAL DECLARATIONS TO EITHER CONFIRM NO CONFLICTS, OR IDENTIFY POSSIBLE AND/OR ACTUAL CONFLICTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION USES THE FOLLOWING TO DETERMINE THE COMPENSATION OF ITS TOP MANAGEMENT OFFICIAL: 1) COMPENSATION COMMITTEE; 2) COMPENSATION SURVEY OR STUDY; AND 3)APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST TO ANY BOARD MEMBER OR OFFICER. THESE DOCUMENTS ARE MAINTAINED AT THE ORGANIZATION'S REGISTERED OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XIX, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 1 | 0 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd | 1 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd | 2 | N/A |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 1 | 133952052 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 2 | 134185984 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 1 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 2 | C |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 1 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 2 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | CONST/REHAB NYC BLDGS TO PROVIDE AFFORD. RENTAL HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 1 | CONST/REHAB NYC BLDGS TO PROVIDE AFFORD. RENTAL HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 2 | CONST/REHAB NYC BLDGS TO PROVIDE AFFORD. RENTAL HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | EL CARIBE II DEVELOPMENT CORP |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 1 | NORFOLK APARTMENTS DEVELOPMENT CORP |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 2 | NORFOLK APARTMENTS II DEVELOPMENT CORP |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 129 RIVINGTON STREET |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 1 | 141 NORFOLK STREET |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 2 | 141 NORFOLK STREET |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | NEW YORK |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 1 | NEW YORK |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 2 | NEW YORK |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 1 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 2 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 10002 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 1 | 10002 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 2 | 10002 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 1 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 2 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 133767932 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 1 | 133952058 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 2 | 134185980 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 1 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 2 | NY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | PROVIDE LOW-INCOME HOUSING IN NEW YORK CITY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 1 | PROVIDE LOW-INCOME HOUSING IN NEW YORK CITY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 2 | PROVIDE LOW-INCOME HOUSING IN NEW YORK CITY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | EL CARIBE LP |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 1 | NORFOLK APARTMENTS LP |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 2 | NORFOLK II APARTMENTS LP |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 141 NORFOLK STREET |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 1 | 129 RINGVINGTON STREET |
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.
- Assets
- $2,052,686
- Liabilities
- $193,725
- Net assets
- $1,858,961
- Revenue
- $2,169,190
- Expenses
- $1,824,958
- Net income
- $344,232