Civic Intelligence

209 South 2Nd Street Housing Development Fund Corporation

990 • Fiscal year 2016 • EIN 26-3995937

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization Profilelossures.org
434 South 5th StreetBrooklyn, NY 11211

(718) 387-3600

Siviq Scores

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

Liabilities / Assets

68th percentile

1.00x

Higher debt load relative to assets than 68% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

10.64x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Net Margin

46th percentile

-2.8%

Higher net margin than 46% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

61st percentile

$141,050

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 25.8% of source-year revenue.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Asset Growth

56th percentile

-0.7%

Faster asset growth than 56% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-24%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$5,828,115

Down $42,929 (-0.7%) from 2015

Net Assets

Down

$18,103

Down $152,944 (-89%) from 2015

Liabilities

Up

$5,810,012

Up $110,015 (+1.9%) from 2015

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin46th percentile

Revenue

Down

$546,307

Down $174,925 (-24%) from 2015

Expenses

Up

$561,830

Up $43,327 (+8.4%) from 2015

Net Income

Down

-$15,523

Down $218,252 (-108%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $5,871,044Liabilities 2015: $5,699,997Net Assets 2015: $171,0472015Assets 2016: $5,828,115Liabilities 2016: $5,810,012Net Assets 2016: $18,1032016Assets 2017: $5,587,251Liabilities 2017: $5,556,887Net Assets 2017: $30,3642017Assets 2018: $5,467,389Liabilities 2018: $5,517,417Net Assets 2018: -$50,0282018Assets 2019: $5,280,582Liabilities 2019: $5,468,415Net Assets 2019: -$187,8332019Assets 2020: $5,200,123Liabilities 2020: $5,438,703Net Assets 2020: -$238,5802020Assets 2021: $4,976,689Liabilities 2021: $5,371,444Net Assets 2021: -$394,7552021Assets 2022: $4,753,013Liabilities 2022: $5,320,983Net Assets 2022: -$567,9702022Assets 2023: $4,580,783Liabilities 2023: $5,262,566Net Assets 2023: -$681,7832023Assets 2024: $4,457,067Liabilities 2024: $5,456,919Net Assets 2024: -$999,8522024

Highlighted filing

2016

Assets$5,828,115
Liabilities$5,810,012
Net Assets$18,103
Open 2016 Filing

Operations Trend

Revenue Growth7th percentile

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

$1.0M$500K$0-$500KRevenue 2015: $721,232Expenses 2015: $518,503Net Income 2015: $202,7292015Revenue 2016: $546,307Expenses 2016: $561,830Net Income 2016: -$15,5232016Revenue 2017: $551,428Expenses 2017: $539,167Net Income 2017: $12,2612017Revenue 2018: $547,426Expenses 2018: $627,818Net Income 2018: -$80,3922018Revenue 2019: $557,686Expenses 2019: $695,491Net Income 2019: -$137,8052019Revenue 2020: $547,444Expenses 2020: $598,191Net Income 2020: -$50,7472020Revenue 2021: $506,967Expenses 2021: $663,142Net Income 2021: -$156,1752021Revenue 2022: $510,922Expenses 2022: $684,137Net Income 2022: -$173,2152022Revenue 2023: $580,850Expenses 2023: $694,663Net Income 2023: -$113,8132023Revenue 2024: $522,952Expenses 2024: $734,866Net Income 2024: -$211,9142024

Highlighted filing

2016

Revenue$546,307
Expenses$561,830
Net Income-$15,523
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$546,307
Mission and Program Overview

Mission

The corporation was organized exclusively, to own, rehabilitate, manage, lease, maintain, develop and operate a housing project for persons of low-income and operate a housing project for persons of low-income.

Operates housing project for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,302,644$5,154,873▼ $147,771
Cash and Non-Interest-Bearing Accounts$326,452$411,392▲ $84,940
Intangible Assets$46,359$44,765▼ $1,594
Accounts Receivable$35,600$32,050▼ $3,550
Prepaid Expenses and Deferred Charges$18,096$18,394▲ $298
Total Assets$5,871,044$5,828,115▼ $42,929
Other Assets Total$141,893$166,641▲ $24,748
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,637,011$5,596,550▼ $40,461
Other Liabilities$21,661$157,081▲ $135,420
Accounts Payable and Accrued Expenses$36,437$53,017▲ $16,580
Deferred Revenue$4,888$3,364▼ $1,524
Escrow Account Liability$0--
Total Liabilities$5,699,997$5,810,012▲ $110,015
Net Assets / Fund Balance
Unrestricted Net Assets$171,047$18,103▼ $152,944
Total Net Assets Fund Balance$171,047$18,103▼ $152,944
Total Liabilities and Net Assets / Fund Balance$5,871,044$5,828,115▼ $42,929

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,144,922$639,485$5,784,407
Land$6,800-$6,800
Other Land Buildings$3,151$939$4,090
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleOtherTotal
ramon pegueroexecutive director$141,050$141,050
Gaudi Polanco-MendozaFinance Director$99,654$99,654

Board Members and Trustees

NameTitle
david lopezchairman
ray narvaezvice chairman
juan ramosmember
teresa cruzmember
mariya ocasiosecretary
israel rosarriotreasuarer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$528,196
Investment Income
$0
Other Revenue
$18,111
Change in Net Assets
$-15,523

Audited Revenue Reconciliation

Revenue per Audited Statements
$546,307
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$546,307
Total Revenue per Form 990
$546,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,105
Salaries, Compensation, and Employee Benefits$69,725
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$179,242--$179,242
Depreciation Depletion$153,082--$153,082
Occupancy$72,688--$72,688
Other Salaries and Wages$39,180--$39,180
Fees for Services Management$30,613--$30,613
Other Employee Benefits$27,331--$27,331
Insurance$14,779--$14,779
Fees for Services Legal$11,725--$11,725
Fees for Services Accounting-$9,600-$9,600
Payroll Taxes$3,214--$3,214
Other Expenses$2,091--$2,091
Office Expenses$619--$619
Total Functional Expenses$552,230$9,600$0$561,830

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$561,830
Total Expenses per Audited Statements$561,830
Total Expenses per Form 990$561,830
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
due to affiliate$137,421
tenant security deposits$19,660
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A draft of the tax return is discussed and reviewed with the organization's top management and officers of the board before a final draft is approved for submission. For 2016, due to time constraints the board did not get the chance to review and approve prior to submission. Review and approval process will be done at the following board meeting after submission.”

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

“Officers, directors, trustees and key employees are required to submit signed statements.”

Form 990, Part VI, Section C, line 19

“Documents are available upon request to the public.”

Filing and Contact Details

Filer

Filer Name
209 SOUTH 2ND STREET housing development
EIN
26-3995937
Phone
7183873600
Address
434 SOUTH 5TH STREET, BROOKLYN, NY 11211

Signing Officer

Name
Juan Ramos
Title
executive director
Phone
7183873600
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juan Ramos
Formed
2009
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
5
Volunteers
6

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

From 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2013 remain open.”

Raw XML AppendixShowing 400 of 744 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt036437
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt053017
IRS990/AccountsReceivableGrp/BOYAmt035600
IRS990/AccountsReceivableGrp/EOYAmt032050
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATES HOUSING PROJECT FOR PERSONS OF LOW INCOME.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Lenette Berrios
IRS990/BooksInCareOfDetail/PhoneNum07183873600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0434 SOUTH 5TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011211
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0326452
IRS990/CashNonInterestBearingGrp/EOYAmt0411392
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0492105
IRS990/CYOtherRevenueAmt018111
IRS990/CYProgramServiceRevenueAmt0528196
IRS990/CYRevenuesLessExpensesAmt0-15523
IRS990/CYSalariesCompEmpBnftPaidAmt069725
IRS990/CYTotalExpensesAmt0561830
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0546307
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04888
IRS990/DeferredRevenueGrp/EOYAmt03364
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0153082
IRS990/DepreciationDepletionGrp/TotalAmt0153082
IRS990/Desc0HOUSING - OPERATED A 35 RESIDENTIAL UNIT HOUSING PROJECT FOR PERSONS OF LOW INCOME
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/ExpenseAmt0552230
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09600
IRS990/FeesForServicesAccountingGrp/TotalAmt09600
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt011725
IRS990/FeesForServicesLegalGrp/TotalAmt011725
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt030613
IRS990/FeesForServicesManagementGrp/TotalAmt030613
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt08.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt27.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt37.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt647.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt747.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt61082
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt7765
IRS990/Form990PartVIISectionAGrp/PersonNm0david lopez
IRS990/Form990PartVIISectionAGrp/PersonNm1israel rosarrio
IRS990/Form990PartVIISectionAGrp/PersonNm2juan ramos
IRS990/Form990PartVIISectionAGrp/PersonNm3mariya ocasio
IRS990/Form990PartVIISectionAGrp/PersonNm4ray narvaez
IRS990/Form990PartVIISectionAGrp/PersonNm5teresa cruz
IRS990/Form990PartVIISectionAGrp/PersonNm6Gaudi Polanco-Mendoza
IRS990/Form990PartVIISectionAGrp/PersonNm7ramon peguero
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt698572
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7140285
IRS990/Form990PartVIISectionAGrp/TitleTxt0chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1treasuarer
IRS990/Form990PartVIISectionAGrp/TitleTxt2member
IRS990/Form990PartVIISectionAGrp/TitleTxt3secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4vice chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Finance Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7executive director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0546307
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014779
IRS990/InsuranceGrp/TotalAmt014779
IRS990/IntangibleAssetsGrp/BOYAmt046359
IRS990/IntangibleAssetsGrp/EOYAmt044765
IRS990/InterestGrp/ProgramServicesAmt0179242
IRS990/InterestGrp/TotalAmt0179242
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0640424
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05302644
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05154873
IRS990/LandBldgEquipCostOrOtherBssAmt05795297
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION WAS ORGANIZED EXCLUSIVELY, TO OWN, REHABILITATE, MANAGE, LEASE, MAINTAIN, DEVELOP AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW-INCOME AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW-INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05637011
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05596550
IRS990/NetAssetsOrFundBalancesBOYAmt0171047
IRS990/NetAssetsOrFundBalancesEOYAmt018103
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt072688
IRS990/OccupancyGrp/TotalAmt072688
IRS990/OfficeExpensesGrp/ProgramServicesAmt0619
IRS990/OfficeExpensesGrp/TotalAmt0619
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0141893
IRS990/OtherAssetsTotalGrp/EOYAmt0166641
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027331
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027331
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1bad debts expenses
IRS990/OtherExpensesGrp/Desc2Licenses and permits
IRS990/OtherExpensesGrp/ProgramServicesAmt012132
IRS990/OtherExpensesGrp/ProgramServicesAmt15534
IRS990/OtherExpensesGrp/ProgramServicesAmt22091
IRS990/OtherExpensesGrp/TotalAmt012132
IRS990/OtherExpensesGrp/TotalAmt15534
IRS990/OtherExpensesGrp/TotalAmt22091
IRS990/OtherLiabilitiesGrp/BOYAmt021661
IRS990/OtherLiabilitiesGrp/EOYAmt0157081
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Service income
IRS990/OtherRevenueMiscGrp/Desc1miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018019
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt192
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018019
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt192
IRS990/OtherRevenueTotalAmt018111
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039180
IRS990/OtherSalariesAndWagesGrp/TotalAmt039180
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt03214
IRS990/PayrollTaxesGrp/TotalAmt03214
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018096
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018394
IRS990/PrincipalOfficerNm0Juan Ramos
IRS990/PriorPeriodAdjustmentsAmt0-137421
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0rent revenue - gross p
IRS990/ProgramServiceRevenueGrp/Desc1Tenant charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0528121
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0528121
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt175
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0159956
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0466140
IRS990/PYOtherRevenueAmt040884
IRS990/PYProgramServiceRevenueAmt0520392
IRS990/PYRevenuesLessExpensesAmt0202729
IRS990/PYSalariesCompEmpBnftPaidAmt052363
IRS990/PYTotalExpensesAmt0518503
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0721232
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-15523
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0546307
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0other income - 2014 Amount: $ 2,823. 2015 Amount: $ 40,884. 2016 Amount: $ 18,111.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0159956
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0159956
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0528196
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0520392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0457988
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01506576
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt018111
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt040884
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02823
IRS990ScheduleA/OtherIncome509Grp/TotalAmt061818
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96420
IRS990ScheduleA/PublicSupportPY509Pct00.94330
IRS990ScheduleA/PublicSupportTotal509Amt01666532
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0528196
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0680348
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0457988
IRS990ScheduleA/Total509Grp/TotalAmt01666532
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0546307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0721232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0460811
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01728350
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05144922
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0639485
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05784407
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0561830
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06800
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03151
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0939
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0137421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0due to affiliate
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1tenant security deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0546307
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. Income tax returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2013 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05154873
IRS990ScheduleD/TotalExpensesPerForm990Amt0561830
IRS990ScheduleD/TotalLiabilityAmt0157081
IRS990ScheduleD/TotalRevenuePerForm990Amt0546307
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0546307
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0561830
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE TAX RETURN IS DISCUSSED AND REVIEWED WITH THE ORGANIZATION'S TOP MANAGEMENT AND OFFICERS OF THE BOARD BEFORE A FINAL DRAFT IS APPROVED FOR SUBMISSION. FOR 2016, DUE TO TIME CONSTRAINTS THE BOARD DID NOT GET THE CHANCE TO REVIEW AND APPROVE PRIOR TO SUBMISSION. REVIEW AND APPROVAL PROCESS WILL BE DONE AT THE FOLLOWING BOARD MEETING AFTER SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT SIGNED STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FROM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd9N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd10N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0113399585
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1113361930
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2113163832
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN3113264114
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN4113345114
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN5113176031
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN6352417156
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN7112640698
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN8112370546
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN9201930038
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN10113605232
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt5C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt6C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt7C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt8C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt9C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt10C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd4NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd5NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd6NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd7NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd8NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd9NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,828,115
Liabilities
$5,810,012
Net assets
$18,103
Revenue
$546,307
Expenses
$561,830
Net income
-$15,523
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$5.46$1.00$0.52$0.73$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$5.26$0.68$0.58$0.69$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.75$5.32$0.57$0.51$0.68$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.98$5.37$0.39$0.51$0.66$0.16
2020Detailed filing. Detailed filing data is available for this year.$5.20$5.44$0.24$0.55$0.60$0.05
2019Detailed filing. Detailed filing data is available for this year.$5.28$5.47$0.19$0.56$0.70$0.14
2018Detailed filing. Detailed filing data is available for this year.$5.47$5.52$0.05$0.55$0.63$0.08
2017Detailed filing. Detailed filing data is available for this year.$5.59$5.56$0.03$0.55$0.54$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.83$5.81$0.02$0.55$0.56$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.87$5.70$0.17$0.72$0.52$0.20