Civic Intelligence

Henry Phipps Plaza North Housing Development

EIN 26-3324332 • 501(c)4 • New York, NY

Profile

Henry phipps plaza north housing development fund corporation was formed in 2008 to develop, own and operate a residential apartment building located in the borough of manhattan in new york city for occupancy by persons of low and moderate income.

902 Broadway 13th FloorNew York, NY 10010-6033

n/A

Siviq Scores

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

Liabilities / Assets

50th percentile

0.46x

Higher debt load relative to assets than 50% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.74x

Higher debt load relative to revenue than 36% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Source year 2024

Net Margin

42nd percentile

-17%

Higher net margin than 42% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$990,213

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 33.2% of source-year revenue.

NTEE L20 • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-5.2%

Faster asset growth than 18% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-2.8%

Faster revenue growth than 26% of similar nonprofits.

NTEE L20 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$5,578,374

Down $787,670 (-12%) from 2020

Liabilities

Up

$1,307,719

Up $139,209 (+12%) from 2020

Net Assets

Down

$4,270,655

Down $926,879 (-18%) from 2020

Operations
Liabilities / Revenue36th percentileNet Margin42nd percentile

Revenue

Up

$3,056,926

Up $9,437 (+0.3%) from 2020

Expenses

Up

$3,979,970

Up $699,601 (+21%) from 2020

Net Income

Down

-$923,044

Down $690,164 (-296%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$10M$5.0M$0Assets 2011: $8,621,543Liabilities 2011: $1,917,548Net Assets 2011: $6,703,9952011Assets 2012: $8,822,097Liabilities 2012: $2,252,952Net Assets 2012: $6,569,1452012Assets 2014: $7,387,531Liabilities 2014: $1,066,527Net Assets 2014: $6,321,0042014Assets 2015: $6,542,710Liabilities 2015: $728,479Net Assets 2015: $5,814,2312015Assets 2016: $6,728,464Liabilities 2016: $914,449Net Assets 2016: $5,814,0152016Assets 2017: $6,578,396Liabilities 2017: $882,493Net Assets 2017: $5,695,9032017Assets 2018: $6,369,660Liabilities 2018: $946,925Net Assets 2018: $5,422,7352018Assets 2019: $6,542,259Liabilities 2019: $1,098,480Net Assets 2019: $5,443,7792019Assets 2020: $6,366,044Liabilities 2020: $1,168,510Net Assets 2020: $5,197,5342020Assets 2021: $5,578,374Liabilities 2021: $1,307,719Net Assets 2021: $4,270,6552021

Highlighted filing

2021

Assets$5,578,374
Liabilities$1,307,719
Net Assets$4,270,655
Open 2021 Filing

Operations Trend

Revenue Growth26th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $213,2602011Expenses 2012: $2,547,4512012Revenue 2014: $31,265,762Expenses 2014: $31,378,888Net Income 2014: -$113,1262014Revenue 2015: $25,587,536Expenses 2015: $26,092,104Net Income 2015: -$504,5682015Revenue 2016: $17,509,777Expenses 2016: $17,543,974Net Income 2016: -$34,1972016Revenue 2017: $22,507,272Expenses 2017: $22,622,168Net Income 2017: -$114,8962017Revenue 2018: $3,056,647Expenses 2018: $3,322,565Net Income 2018: -$265,9182018Revenue 2019: $3,742,643Expenses 2019: $3,722,590Net Income 2019: $20,0532019Revenue 2020: $3,047,489Expenses 2020: $3,280,369Net Income 2020: -$232,8802020Revenue 2021: $3,056,926Expenses 2021: $3,979,970Net Income 2021: -$923,0442021

Highlighted filing

2021

Revenue$3,056,926
Expenses$3,979,970
Net Income-$923,044
Open 2021 Filing

Filings

Most recent year

2021 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$5,578,374
Liabilities
$1,307,719
Net assets
$4,270,655
Revenue
$3,056,926
Expenses
$3,979,970
Net income
-$923,044
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.58$1.31$4.27$3.06$3.98$0.92
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$1.17$5.20$3.05$3.28$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$1.10$5.44$3.74$3.72$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$0.95$5.42$3.06$3.32$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.58$0.88$5.70$22.5$22.6$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.73$0.91$5.81$17.5$17.5$0.03
2015Detailed filing. Detailed filing data is available for this year.$6.54$0.73$5.81$25.6$26.1$0.50
2014Detailed filing. Detailed filing data is available for this year.$7.39$1.07$6.32$31.3$31.4$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.82$2.25$6.57$2.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$1.92$6.70$0.21
Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 5, 2021
Return Version
2019v5.1
Gross Receipts
$3,047,489
Mission and Program Overview

Mission

Henry phipps plaza north housing development fund corporation was formed in 2008 to develop, own and operate a residential apartment building located in the borough of manhattan in new york city for occupancy by persons of low and moderate income.

Henry phipps plaza north housing development fund corporation was formed in 2008 to provide housing to low and moderate income residents of new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,634,160$2,664,501▲ $30,341
Land, Buildings, and Equipment, Net$2,963,520$2,617,132▼ $346,388
Prepaid Expenses and Deferred Charges$771,061$868,409▲ $97,348
Accounts Receivable$62,372$40,048▼ $22,324
Cash and Non-Interest-Bearing Accounts$175$175→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$6,542,259$6,366,044▼ $176,215
Other Assets Total$110,971$175,779▲ $64,808
Liabilities
Accounts Payable and Accrued Expenses$1,098,480$1,168,510▲ $70,030
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,098,480$1,168,510▲ $70,030
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,443,779$5,197,534▼ $246,245
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$5,443,779$5,197,534▼ $246,245
Total Liabilities and Net Assets / Fund Balance$6,542,259$6,366,044▼ $176,215

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,307,757$8,440,720$10,748,477
Leasehold Improvements$4,967$1,099,459$1,104,426
Equipment$87,770$143,680$231,450
Other Land Buildings$114,300$672$114,972
Land$102,338-$102,338
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
James Robert Pigott JVice President and Secretary$381,719$381,719

Board Members and Trustees

NameTitle
Adam WeinsteinPresident
Matthew KellyVice President
Michael WadmanVice President
James Robert Pigott JrVice President and Secretary
Brian BrickerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,867,354
Investment Income
$35,249
Other Revenue
$144,886
Change in Net Assets
$-232,880

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,047,489
Total Revenue per Audited Statements
$3,047,489
Total Revenue per Form 990
$3,047,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,251,312
Grants and Similar Amounts Paid$515,000
Salaries, Compensation, and Employee Benefits$514,057
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,232,538--$1,232,538
Grants to Domestic Orgs$515,000--$515,000
Depreciation Depletion$502,584--$502,584
Other Salaries and Wages$347,075--$347,075
Fees for Services Management-$229,940-$229,940
Insurance$97,284--$97,284
Other Employee Benefits$84,608--$84,608
Payroll Taxes$42,232--$42,232
Pension Plan Contributions$40,142--$40,142
Fees for Services Accounting-$28,710-$28,710
Fees for Services Other-$24,373-$24,373
Office Expenses-$12,153-$12,153
Information Technology-$11,842-$11,842
All Other Expenses-$9,404-$9,404
Fees for Services Legal-$7,790-$7,790
Other Expenses$16,284$6,556-$6,556
Conferences and Meetings-$275-$275
Total Functional Expenses$2,929,326$351,043$0$3,280,369

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,280,369
Total Expenses per Audited Statements$3,280,369
Total Expenses per Form 990$3,280,369
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Phipps HousesNew York, NY501(c)(4)Promoting Affordable$515,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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, SECTION B, LINE 11B:

“Members of the organization's governing body review the form 990 for accuracy of content and discuss as necessary.”

FORM 990, PART VI, SECTION B, LINE 12C:

“Officers and directors must complete and certify annually a list of conflicts of interest.”

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

“The organization does not compensate any officers or key employees.”

FORM 990, PART VI, SECTION C, LINE 19:

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

FORM 990, PART VII, SECTION A:

“The compensation of the president, vice presidents, secretary and treasurer reflects their contributions to not only henry phipps plaza north housing development fund corporation but to all of its affiliated entities. On a consolidated basis, in 2018, the phipps houses group had revenue of $111 million and assets of $1.3 billion.”

Filing and Contact Details

Filer

Filer Name
Henry Phipps Plaza North Housing Development
EIN
26-3324332
In Care Of
% BRIAN BRICKER
Phone
2122439090
Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY 10010-6033

Signing Officer

Name
Brian Bricker
Title
Treasurer
Phone
2122439090
Signed
2021-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Weinstein
Formed
2008
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
5
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Postretirement benefits adjustment..............$(13,365).”

Financial Statement Notes

PART X, LINE 2:

“HENRY PHIPPS PLAZA NORTH HOUSING DEVELOPMENT FUND CORPORATION has not taken an unsubstantiated tax position that would require provision of a liability under ASC No. 740, "Income Taxes,Accounting Standards Update 2009-06, "Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities." As of June 30, 2020, the years still subject to audit are 2017 through 2020.”

Raw XML AppendixShowing 400 of 2,252 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/BOYAmt01098480
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01168510
IRS990/AccountsReceivableGrp/BOYAmt062372
IRS990/AccountsReceivableGrp/EOYAmt040048
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0HENRY PHIPPS PLAZA NORTH HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED IN 2008 TO PROVIDE HOUSING TO LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09404
IRS990/AllOtherExpensesGrp/TotalAmt09404
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0BRIAN BRICKER
IRS990/BooksInCareOfDetail/PhoneNum02122439090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0100106033
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0175
IRS990/CashNonInterestBearingGrp/EOYAmt0175
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0275
IRS990/ConferencesMeetingsGrp/TotalAmt0275
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0515000
IRS990/CYInvestmentIncomeAmt035249
IRS990/CYOtherExpensesAmt02251312
IRS990/CYOtherRevenueAmt0144886
IRS990/CYProgramServiceRevenueAmt02867354
IRS990/CYRevenuesLessExpensesAmt0-232880
IRS990/CYSalariesCompEmpBnftPaidAmt0514057
IRS990/CYTotalExpensesAmt03280369
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03047489
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0502584
IRS990/DepreciationDepletionGrp/TotalAmt0502584
IRS990/Desc0PROVIDING LOW AND MODERATE INCOME HOUSING FOR 208 FAMILIES. COMBATS COMMUNITY DETERIORATION IN A NEW YORK CITY AREA.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt02414326
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt028710
IRS990/FeesForServicesAccountingGrp/TotalAmt028710
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07790
IRS990/FeesForServicesLegalGrp/TotalAmt07790
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0229940
IRS990/FeesForServicesManagementGrp/TotalAmt0229940
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt024373
IRS990/FeesForServicesOtherGrp/TotalAmt024373
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0141816
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt176484
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt273066
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt365559
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt469097
IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM WEINSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES ROBERT PIGOTT J
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN BRICKER
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL WADMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0843944
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1305235
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2301505
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3281996
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4264612
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0515000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0515000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03047489
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011842
IRS990/InformationTechnologyGrp/TotalAmt011842
IRS990/InsuranceGrp/ProgramServicesAmt097284
IRS990/InsuranceGrp/TotalAmt097284
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt035249
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt035249
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09684531
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02963520
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02617132
IRS990/LandBldgEquipCostOrOtherBssAmt012301663
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HENRY PHIPPS PLAZA NORTH HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED IN 2008 TO DEVELOP, OWN AND OPERATE A RESIDENTIAL APARTMENT BUILDING LOCATED IN THE BOROUGH OF MANHATTAN IN NEW YORK CITY FOR OCCUPANCY BY PERSONS OF LOW AND MODERATE INCOME.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt05443779
IRS990/NetAssetsOrFundBalancesEOYAmt05197534
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05443779
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05197534
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01232538
IRS990/OccupancyGrp/TotalAmt01232538
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012153
IRS990/OfficeExpensesGrp/TotalAmt012153
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0110971
IRS990/OtherAssetsTotalGrp/EOYAmt0175779
IRS990/OtherChangesInNetAssetsAmt0-13365
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt084608
IRS990/OtherEmployeeBenefitsGrp/TotalAmt084608
IRS990/OtherExpensesGrp/Desc0BAD DEBTS EXPENSE
IRS990/OtherExpensesGrp/Desc1ADMINISTERING AGENT FEE
IRS990/OtherExpensesGrp/Desc2AMORTIZATION
IRS990/OtherExpensesGrp/Desc3INSPECTION FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16556
IRS990/OtherExpensesGrp/ProgramServicesAmt051579
IRS990/OtherExpensesGrp/ProgramServicesAmt116284
IRS990/OtherExpensesGrp/TotalAmt051579
IRS990/OtherExpensesGrp/TotalAmt120000
IRS990/OtherExpensesGrp/TotalAmt216284
IRS990/OtherExpensesGrp/TotalAmt36556
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt035400
IRS990/OtherRevenueMiscGrp/ExclusionAmt1109486
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1109486
IRS990/OtherRevenueTotalAmt0144886
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0347075
IRS990/OtherSalariesAndWagesGrp/TotalAmt0347075
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt042232
IRS990/PayrollTaxesGrp/TotalAmt042232
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt040142
IRS990/PensionPlanContributionsGrp/TotalAmt040142
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0771061
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0868409
IRS990/PrincipalOfficerNm0ADAM WEINSTEIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RELATED TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02865886
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11468
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02865886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11468
IRS990/ProgSrvcAccomActy2Grp/Desc0Grants to Phipps Houses, an affiliated organization under IRC section 501(c)(4), to be used only for the purpose of promoting affordable housing.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0515000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0515000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0892500
IRS990/PYInvestmentIncomeAmt041632
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02350817
IRS990/PYOtherRevenueAmt0885834
IRS990/PYProgramServiceRevenueAmt02815177
IRS990/PYRevenuesLessExpensesAmt020053
IRS990/PYSalariesCompEmpBnftPaidAmt0479273
IRS990/PYTotalExpensesAmt03722590
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03742643
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-232880
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02867354
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02634160
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02664501
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02307757
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08440720
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010748477
IRS990ScheduleD/EquipmentGrp/BookValueAmt087770
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0143680
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0231450
IRS990ScheduleD/ExpensesSubtotalAmt03280369
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0102338
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0102338
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04967
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01099459
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01104426
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0114300
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0672
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0114972
IRS990ScheduleD/RevenueSubtotalAmt03047489
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HENRY PHIPPS PLAZA NORTH HOUSING DEVELOPMENT FUND CORPORATION has not taken an unsubstantiated tax position that would require provision of a liability under ASC No. 740, "Income Taxes,Accounting Standards Update 2009-06, "Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities." As of June 30, 2020, the years still subject to audit are 2017 through 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02617132
IRS990ScheduleD/TotalExpensesPerForm990Amt03280369
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt03047489
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03047489
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03280369
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0515000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(4)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROMOTING AFFORDABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PHIPPS HOUSES
IRS990ScheduleI/RecipientTable/RecipientEIN0111187480
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0902 BROADWAY 13TH FL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Henry Phipps Plaza North Housing Development Fund Corporation makes contributions only to affiliated not-for-profit entities and only for the purpose of promoting affordable housing.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0245000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt152000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt352000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt452000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0579944
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1249335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2221960
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3244209
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4212612
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • $1M-$5M nonprofits