Civic Intelligence

63 Thompson Street Housing Development Fund Corporation

990 • Fiscal year 2021 • EIN 27-0646479

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 15, 2022

902 Broadway 13th FloorNew York, NY 10010-6033

(212) 243-9090

Siviq Scores

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

Liabilities / Assets

82nd percentile

1.20x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

25.34x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Net Margin

6th percentile

-58%

Higher net margin than 6% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

98th percentile

$958,473

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 234.1% of source-year revenue.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Asset Growth

25th percentile

-3.0%

Faster asset growth than 25% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-21%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$8,681,626

Down $266,861 (-3.0%) from 2020

Net Assets

Down

-$1,695,137

Down $239,649 (-16%) from 2020

Liabilities

Down

$10,376,763

Down $27,212 (-0.3%) from 2020

Revenue

Down

$409,453

Down $109,055 (-21%) from 2020

Expenses

Down

$647,889

Down $10,998 (-1.7%) from 2020

Net Income

Down

-$238,436

Down $98,057 (-70%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2012: $10,466,632Liabilities 2012: $10,584,214Net Assets 2012: -$117,5822012Assets 2013: $10,453,625Liabilities 2013: $10,591,640Net Assets 2013: -$138,0152013Assets 2014: $10,146,997Liabilities 2014: $10,694,158Net Assets 2014: -$547,1612014Assets 2015: $9,943,537Liabilities 2015: $10,631,806Net Assets 2015: -$688,2692015Assets 2016: $9,775,509Liabilities 2016: $10,615,498Net Assets 2016: -$839,9892016Assets 2017: $9,549,723Liabilities 2017: $10,544,371Net Assets 2017: -$994,6482017Assets 2018: $9,421,074Liabilities 2018: $10,490,483Net Assets 2018: -$1,069,4092018Assets 2019: $9,124,839Liabilities 2019: $10,437,100Net Assets 2019: -$1,312,2612019Assets 2020: $8,948,487Liabilities 2020: $10,403,975Net Assets 2020: -$1,455,4882020Assets 2021: $8,681,626Liabilities 2021: $10,376,763Net Assets 2021: -$1,695,1372021Assets 2022: $8,524,997Liabilities 2022: $10,349,804Net Assets 2022: -$1,824,8072022Assets 2023: $8,480,858Liabilities 2023: $10,358,157Net Assets 2023: -$1,877,2992023Assets 2024: $8,268,766Liabilities 2024: $10,302,266Net Assets 2024: -$2,033,5002024

Highlighted filing

2021

Assets$8,681,626
Liabilities$10,376,763
Net Assets-$1,695,137

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $300,4412012Expenses 2013: $505,9862013Revenue 2014: $424,909Expenses 2014: $809,622Net Income 2014: -$384,7132014Revenue 2015: $446,348Expenses 2015: $587,786Net Income 2015: -$141,4382015Revenue 2016: $455,934Expenses 2016: $607,908Net Income 2016: -$151,9742016Revenue 2017: $460,526Expenses 2017: $613,095Net Income 2017: -$152,5692017Revenue 2018: $447,015Expenses 2018: $517,064Net Income 2018: -$70,0492018Revenue 2019: $523,174Expenses 2019: $766,237Net Income 2019: -$243,0632019Revenue 2020: $518,508Expenses 2020: $658,887Net Income 2020: -$140,3792020Revenue 2021: $409,453Expenses 2021: $647,889Net Income 2021: -$238,4362021Revenue 2022: $410,958Expenses 2022: $540,569Net Income 2022: -$129,6112022Revenue 2023: $492,372Expenses 2023: $544,864Net Income 2023: -$52,4922023Revenue 2024: $485,891Expenses 2024: $642,092Net Income 2024: -$156,2012024

Highlighted filing

2021

Revenue$409,453
Expenses$647,889
Net Income-$238,436
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 15, 2022
Return Version
2020v4.1
Gross Receipts
$409,453
Mission and Program Overview

Mission

63 thompson street housing development fund corporation was organized exclusively for the purpose of developing, owning and operating, on a non-profit basis, a housing project for persons of low income.

63 thompson street hdfc was organized exclusively for the purpose of developing, owning and operating, on a non-profit basis, a housing project for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,641,743$8,470,109▼ $171,634
Savings and Temporary Cash Investments$84,654$102,080▲ $17,426
Prepaid Expenses and Deferred Charges$17,895$11,933▼ $5,962
Accounts Receivable$6,960$4,790▼ $2,170
Cash and Non-Interest-Bearing Accounts$0$0→ $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$8,948,487$8,681,626▼ $266,861
Other Assets Total$197,235$92,714▼ $104,521
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,356,438$10,322,605▼ $33,833
Other Liabilities$23,994$25,842▲ $1,848
Accounts Payable and Accrued Expenses$15,057$18,393▲ $3,336
Deferred Revenue$8,486$9,923▲ $1,437
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,403,975$10,376,763▼ $27,212
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-1,455,488$-1,695,137▼ $239,649
Total Net Assets Fund Balance$-1,455,488$-1,695,137▼ $239,649
Total Liabilities and Net Assets / Fund Balance$8,948,487$8,681,626▼ $266,861

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,600,000-$5,600,000
Buildings$2,850,348$1,500,083$4,350,431
Other Land Buildings$14,195$269,705$283,900
Equipment$5,566$54,882$60,448
Compensation and Service Providers

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
$402,807
Investment Income
$386
Other Revenue
$6,260
Change in Net Assets
$-238,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$409,453
Total Revenue per Audited Statements
$409,453
Total Revenue per Form 990
$409,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$524,649
Grants and Similar Amounts Paid$80,000
Salaries, Compensation, and Employee Benefits$43,240
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$188,332$0$0$188,332
Occupancy$166,775$0$0$166,775
Grants to Domestic Orgs$80,000--$80,000
Other Salaries and Wages$29,429$0$0$29,429
Fees for Services Management$0$21,915$0$21,915
Insurance$12,204$0$0$12,204
Fees for Services Accounting$0$6,895$0$6,895
Other Employee Benefits$5,719$0$0$5,719
Pension Plan Contributions$4,298$0$0$4,298
Payroll Taxes$3,794$0$0$3,794
Office Expenses$0$3,315$0$3,315
Interest$3,117$0$0$3,117
Fees for Services Other-$2,713-$2,713
Information Technology$0$1,928$0$1,928
Other Expenses$34,849$545-$545
Fees for Services Legal$0$509$0$509
Total Functional Expenses$609,551$38,338$0$647,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$647,889
Total Expenses per Audited Statements$647,889
Total Expenses per Form 990$647,889
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Phipps HousesNew York, NY501(c)(4)Promoting Affordable$80,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Post. Benefit Payable$15,246
Accrued Interest Payable$10,596
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 63 thompson street housing development fund corporation but to all of its affiliated entities. On a consolidated basis, in 2020, the phipps houses group had revenue in excess of $100 million and assets in excess of $1.5 billion.

Filing and Contact Details

Filer

Filer Name
63 Thompson Street Housing Development Fund
EIN
27-0646479
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
2022-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Weinsten
Formed
2009
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
1
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 benefit adjustment............$(1,213).

Financial Statement Notes

PART X, LINE 2:

The 63 thompson street housing development fund has not taken an unsubstantiated tax position that would require provision of a liability under accounting standards codification ("asc") no. 740, income taxes, and accounting standards update no. 2009-06, implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities. As of june 30, 2021, the years still subject to audit are fiscal 2018 through 2021.

Raw XML AppendixShowing 400 of 1,900 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/BOYAmt015057
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018393
IRS990/AccountsReceivableGrp/BOYAmt06960
IRS990/AccountsReceivableGrp/EOYAmt04790
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc063 THOMPSON STREET HDFC WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, OWNING AND OPERATING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
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/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/FundraisingAmt00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt00
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt080000
IRS990/CYInvestmentIncomeAmt0386
IRS990/CYOtherExpensesAmt0524649
IRS990/CYOtherRevenueAmt06260
IRS990/CYProgramServiceRevenueAmt0402807
IRS990/CYRevenuesLessExpensesAmt0-238436
IRS990/CYSalariesCompEmpBnftPaidAmt043240
IRS990/CYTotalExpensesAmt0647889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0409453
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt08486
IRS990/DeferredRevenueGrp/EOYAmt09923
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0188332
IRS990/DepreciationDepletionGrp/TotalAmt0188332
IRS990/Desc063 THOMPSON STREET HOUSING DEVELOPMENT FUND CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, OWNING AND OPERATING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME. IT PROVIDED 21 AFFORDABLE HOUSING UNITS DURING THE YEAR.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0529551
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06895
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt06895
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0509
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt0509
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt00
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt021915
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt021915
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02713
IRS990/FeesForServicesOtherGrp/TotalAmt02713
IRS990/FeesForServicesProfFundraising/FundraisingAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
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/OtherCompensationAmt0102759
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt161696
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260907
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt356713
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt446622
IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM WEINSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES ROBERT PIGOTT JR
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/ReportableCompFromRltdOrgAmt0855714
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1313472
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2306671
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3284686
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4274825
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
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/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt080000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt080000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0409453
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/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01928
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt01928
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt012204
IRS990/InsuranceGrp/TotalAmt012204
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt03117
IRS990/InterestGrp/TotalAmt03117
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0386
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0386
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01640005
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08641743
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08470109
IRS990/LandBldgEquipCostOrOtherBssAmt010110114
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc063 THOMPSON STREET HOUSING DEVELOPMENT FUND CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, OWNING AND OPERATING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010356438
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010322605
IRS990/NetAssetsOrFundBalancesBOYAmt0-1455488
IRS990/NetAssetsOrFundBalancesEOYAmt0-1695137
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1455488
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1695137
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0166775
IRS990/OccupancyGrp/TotalAmt0166775
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03315
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03315
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0197235
IRS990/OtherAssetsTotalGrp/EOYAmt092714
IRS990/OtherChangesInNetAssetsAmt0-1213
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05719
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05719
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1AMORTIZATION
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0518
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1545
IRS990/OtherExpensesGrp/ProgramServicesAmt081034
IRS990/OtherExpensesGrp/ProgramServicesAmt134849
IRS990/OtherExpensesGrp/TotalAmt081034
IRS990/OtherExpensesGrp/TotalAmt134849
IRS990/OtherExpensesGrp/TotalAmt2518
IRS990/OtherExpensesGrp/TotalAmt3545
IRS990/OtherLiabilitiesGrp/BOYAmt023994
IRS990/OtherLiabilitiesGrp/EOYAmt025842
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt05000
IRS990/OtherRevenueMiscGrp/ExclusionAmt11260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11260
IRS990/OtherRevenueTotalAmt06260
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029429
IRS990/OtherSalariesAndWagesGrp/TotalAmt029429
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt03794
IRS990/PayrollTaxesGrp/TotalAmt03794
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04298
IRS990/PensionPlanContributionsGrp/TotalAmt04298
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017895
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011933
IRS990/PrincipalOfficerNm0ADAM WEINSTEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0402807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0402807
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANT TO PHIPPS HOUSES, AN AFFILIATE ORGANIZATION UNDER IRC 501(C)(4), TO BE USED ONLY FOR THE PURPOSE OF PROMOTING AFFORDABLE HOUSING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt080000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt080000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0185000
IRS990/PYInvestmentIncomeAmt0184
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0430188
IRS990/PYOtherRevenueAmt01310
IRS990/PYProgramServiceRevenueAmt0517014
IRS990/PYRevenuesLessExpensesAmt0-140379
IRS990/PYSalariesCompEmpBnftPaidAmt043699
IRS990/PYTotalExpensesAmt0658887
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0518508
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-238436
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0402807
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt084654
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102080
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02850348
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01500083
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04350431
IRS990ScheduleD/EquipmentGrp/BookValueAmt05566
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054882
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt060448
IRS990ScheduleD/ExpensesSubtotalAmt0647889
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05600000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05600000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014195
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0269705
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0283900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110596
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED POST. BENEFIT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0409453
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 63 THOMPSON STREET HOUSING DEVELOPMENT FUND HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER ACCOUNTING STANDARDS CODIFICATION ("ASC") NO. 740, INCOME TAXES, AND ACCOUNTING STANDARDS UPDATE NO. 2009-06, IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES. AS OF JUNE 30, 2021, THE YEARS STILL SUBJECT TO AUDIT ARE FISCAL 2018 THROUGH 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08470109
IRS990ScheduleD/TotalExpensesPerForm990Amt0647889
IRS990ScheduleD/TotalLiabilityAmt025842
IRS990ScheduleD/TotalRevenuePerForm990Amt0409453
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0409453
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0647889
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt080000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings