Civic Intelligence

Soundview Senior Housing Development

EIN 30-0162353 • 501(c)3 • St Albans, NY

Profile

To operate a 72 unit senior housing facility for the elderly and handicapped.

115-50 Merrick BlvdSt Albans, NY 11434-1896

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

1.26x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

11.33x

Higher debt load relative to revenue than 83% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Net Margin

16th percentile

-23%

Higher net margin than 16% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE L • $10M-$25M nonprofits • Source year 2024

Asset Growth

25th percentile

-2.2%

Faster asset growth than 25% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

14%

Faster revenue growth than 68% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$11,487,761

Down $253,515 (-2.2%) from 2023

Liabilities

Up

$14,434,283

Up $44,886 (+0.3%) from 2023

Net Assets

Down

-$2,946,522

Down $298,401 (-11%) from 2023

Revenue

Up

$1,273,824

Up $153,574 (+14%) from 2023

Expenses

Up

$1,572,225

Up $25,449 (+1.6%) from 2023

Net Income

Up

-$298,401

Up $128,125 (+30%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2012: $12,561,644Liabilities 2012: $12,657,632Net Assets 2012: -$95,9882012Assets 2013: $13,042,877Liabilities 2013: $13,405,971Net Assets 2013: -$363,0942013Assets 2014: $12,192,050Liabilities 2014: $12,805,186Net Assets 2014: -$613,1362014Assets 2015: $11,954,188Liabilities 2015: $12,879,186Net Assets 2015: -$924,9982015Assets 2016: $11,747,004Liabilities 2016: $12,942,565Net Assets 2016: -$1,195,5612016Assets 2020: $10,830,484Liabilities 2020: $12,740,822Net Assets 2020: -$1,910,3382020Assets 2021: $11,135,564Liabilities 2021: $12,899,739Net Assets 2021: -$1,764,1752021Assets 2022: $11,363,016Liabilities 2022: $13,008,504Net Assets 2022: -$1,645,4882022Assets 2023: $11,741,276Liabilities 2023: $14,389,397Net Assets 2023: -$2,648,1212023Assets 2024: $11,487,761Liabilities 2024: $14,434,283Net Assets 2024: -$2,946,5222024

Highlighted filing

2024

Assets$11,487,761
Liabilities$14,434,283
Net Assets-$2,946,522

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $826,6342012Revenue 2013: $774,695Expenses 2013: $1,037,290Net Income 2013: -$262,5952013Revenue 2014: $775,645Expenses 2014: $1,025,687Net Income 2014: -$250,0422014Revenue 2015: $777,583Expenses 2015: $1,089,445Net Income 2015: -$311,8622015Revenue 2016: $774,897Expenses 2016: $1,045,460Net Income 2016: -$270,5632016Revenue 2020: $1,733,211Expenses 2020: $1,493,213Net Income 2020: $239,9982020Revenue 2021: $1,726,903Expenses 2021: $1,580,740Net Income 2021: $146,1632021Revenue 2022: $1,738,148Expenses 2022: $1,619,461Net Income 2022: $118,6872022Revenue 2023: $1,120,250Expenses 2023: $1,546,776Net Income 2023: -$426,5262023Revenue 2024: $1,273,824Expenses 2024: $1,572,225Net Income 2024: -$298,4012024

Highlighted filing

2024

Revenue$1,273,824
Expenses$1,572,225
Net Income-$298,401

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$1,273,824
Mission and Program Overview

Mission

To operate a 72 unit senior housing facility for the elderly and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,749,234$9,419,926▼ $329,308
Savings and Temporary Cash Investments$1,380,089$1,933,896▲ $553,807
Accounts Receivable$8,194$57,169▲ $48,975
Prepaid Expenses and Deferred Charges$25,592$27,354▲ $1,762
Cash and Non-Interest-Bearing Accounts$554,244$19,560▼ $534,684
Total Assets$11,741,276$11,487,761▼ $253,515
Other Assets Total$23,923$29,856▲ $5,933
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,522,355$12,522,355→ $0
Deferred Revenue$644,341$1,168,421▲ $524,080
Accounts Payable and Accrued Expenses$1,187,554$705,484▼ $482,070
Escrow Account Liability$19,891$38,023▲ $18,132
Other Liabilities$15,256$0▼ $15,256
Total Liabilities$14,389,397$14,434,283▲ $44,886
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,648,121$-2,946,522▼ $298,401
Total Net Assets Fund Balance$-2,648,121$-2,946,522▼ $298,401
Total Liabilities and Net Assets / Fund Balance$11,741,276$11,487,761▼ $253,515

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,664,097$4,394,638$13,058,735
Land$752,844-$752,844
Equipment$2,985$67,062$70,047
Compensation and Service Providers

Board Members and Trustees

NameTitle
Trevor McleanPresident
Almoa F MartinDirector
Ruel JohnsonDirector
Sharon Brissett-mohammedSecretary
Janet RiveraTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Protector Builder General Contractor INCConstruction15 SUNSHINE WAY, Jackson, NJ 08527$624,400
Tuc Management INCManagement Services4 EXECUTIVE BLVD SUITE 100, Suffern, NY 10901$138,677
Aargo Services INCSecurity Services112-126 EAST 128TH ST, New York, NY 10035$132,677
Revenue and Support

Revenue Composition

Contributions and Grants
$977,831
Program Service Revenue
$291,964
Investment Income
$939
Other Revenue
$3,090
Change in Net Assets
$-298,401

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,273,824
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,273,824
Total Revenue per Form 990
$1,273,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,572,225
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$543,747$17,817-$561,564
Depreciation Depletion$338,702--$338,702
Fees for Services Other$213,891$4,478-$218,369
Fees for Services Management-$124,028-$124,028
Fees for Services Accounting-$23,842-$23,842
Office Expenses$4,170$13,276-$17,446
Other Expenses$1,637$7,230-$7,230
Fees for Services Legal-$1,035-$1,035
Total Functional Expenses$1,315,246$256,979$0$1,572,225

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,572,225
Total Expenses per Audited Statements$1,572,225
Total Expenses per Form 990$1,572,225
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization employed t.u.c. Management company, inc. As a managing agent for the purposes of supervising and overseeing day-to-day and long term management, maintenance and upkeep of the premises, and having overall supervision of the section of the building over which the organization has control. In addition, the company oversees the leasing of any available space upon owner's request, collecting rent, carrying fees, and other payments due to owner from tenants or occupants of space in the said premises, maintaining the premises physical condition in compliance with all governmental codes and regulations. The management company also provides consultative services and the back-office accounting functions. The management fee paid to tuc during 2024 was $124,028. No board member or officer listed in part vii received compensation from the management company.

Form 990, Part VI, Section A, Line 8B

There are currently no committees. The current board oversees all areas of the organization.

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

Soundview senior hdfc fund company inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, it is electronically forwarded to the board president and treasurer for review and approval. A copy of the return is sent to the full board after it has been filed.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the form 1023, financial statements, articles of incorporation and by-laws are also available upon written request or by calling the organization directly .

Filing and Contact Details

Filer

Filer Name
Soundview Senior Housing Development
EIN
30-0162353
Phone
7189910999
Address
115-50 MERRICK BLVD, ST ALBANS, NY 11434-1896

Signing Officer

Name
Trevor Mclean
Title
President
Phone
7189910999
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trevor Mclean
Formed
2002
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Tracy Cai
Phone
9143818900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services: program service expenses 213,891. Management and general expenses 4,478. Fundraising expenses 0. Total expenses 218,369.

Financial Statement Notes

PART IV, LINE 2B:

Funds for the personal use of residents and funds received as security deposits for services are held in trust for them by the entity. These funds are segregated in a separate interest-bearing account for the tenants' benefit and are not available for other uses. During 2019, the entity received a deposit of $10,000 for the sale of the land. As of december 31, 2024, the transaction is temporarily on hold pending potential changes in the terms of sale.

PART X, LINE 2:

The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to december 31, 2021.

Raw XML AppendixShowing 400 of 456 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/BOYAmt01187554
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0705484
IRS990/AccountsReceivableGrp/BOYAmt08194
IRS990/AccountsReceivableGrp/EOYAmt057169
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE A 72 UNIT SENIOR HOUSING FACILITY FOR THE ELDERLY AND HANDICAPPED.
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TUC MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum08453682400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04 EXECUTIVE BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0SUFFERN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010901
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0554244
IRS990/CashNonInterestBearingGrp/EOYAmt019560
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0624400
IRS990/ContractorCompensationGrp/CompensationAmt1138677
IRS990/ContractorCompensationGrp/CompensationAmt2132677
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt015 SUNSHINE WAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt14 EXECUTIVE BLVD SUITE 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2112-126 EAST 128TH ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0JACKSON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1SUFFERN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd008527
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd110901
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd210035
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PROTECTOR BUILDER GENERAL CONTRACTOR INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1TUC MANAGEMENT INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2AARGO SERVICES INC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc1MANAGEMENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2SECURITY SERVICES
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0977831
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0939
IRS990/CYOtherExpensesAmt01572225
IRS990/CYOtherRevenueAmt03090
IRS990/CYProgramServiceRevenueAmt0291964
IRS990/CYRevenuesLessExpensesAmt0-298401
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01572225
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01273824
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0644341
IRS990/DeferredRevenueGrp/EOYAmt01168421
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0338702
IRS990/DepreciationDepletionGrp/TotalAmt0338702
IRS990/Desc0SPORSORED BY THE NORTHEASTERN CONFERENCE CORPORATION OF SEVENTH-DAY ADVENTISTS (THE "SPONSOR"), SOUNDVIEW SENIOR HDFC (THE "ENTITY") WAS ORGANIZED IN 2002 FOR THE PURPOSE OF DEVELOPING AND OPERATING A SENIOR HOUSING AND RELATED FACILITIES FOR THE ELDERLY AND HANDICAPPED. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 202 AND CONSISTS OF 72 UNITS ELIGIBLE FOR HUD SECTION 8 RENTAL ASSISTANCE. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt019891
IRS990/EscrowAccountLiabilityGrp/EOYAmt038023
IRS990/ExpenseAmt01315246
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023842
IRS990/FeesForServicesAccountingGrp/TotalAmt023842
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01035
IRS990/FeesForServicesLegalGrp/TotalAmt01035
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0124028
IRS990/FeesForServicesManagementGrp/TotalAmt0124028
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04478
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0213891
IRS990/FeesForServicesOtherGrp/TotalAmt0218369
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt06.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0TREVOR MCLEAN
IRS990/Form990PartVIISectionAGrp/PersonNm1JANET RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm2SHARON BRISSETT-MOHAMMED
IRS990/Form990PartVIISectionAGrp/PersonNm3RUEL JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm4ALMOA F MARTIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0977831
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01273824
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0939
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0939
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04461700
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09749234
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09419926
IRS990/LandBldgEquipCostOrOtherBssAmt013881626
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE A 72 UNIT SENIOR HOUSING FACILITY FOR THE ELDERLY AND HANDICAPPED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012522355
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012522355
IRS990/NetAssetsOrFundBalancesBOYAmt0-2648121
IRS990/NetAssetsOrFundBalancesEOYAmt0-2946522
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2648121
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2946522
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt017817
IRS990/OccupancyGrp/ProgramServicesAmt0543747
IRS990/OccupancyGrp/TotalAmt0561564
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013276
IRS990/OfficeExpensesGrp/ProgramServicesAmt04170
IRS990/OfficeExpensesGrp/TotalAmt017446
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023923
IRS990/OtherAssetsTotalGrp/EOYAmt029856
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED WAGES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTANCE
IRS990/OtherExpensesGrp/Desc2MISC EXPENSES
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050745
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114528
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27230
IRS990/OtherExpensesGrp/ProgramServicesAmt0153704
IRS990/OtherExpensesGrp/ProgramServicesAmt159395
IRS990/OtherExpensesGrp/ProgramServicesAmt21637
IRS990/OtherExpensesGrp/TotalAmt0204449
IRS990/OtherExpensesGrp/TotalAmt159395
IRS990/OtherExpensesGrp/TotalAmt216165
IRS990/OtherExpensesGrp/TotalAmt37230
IRS990/OtherLiabilitiesGrp/BOYAmt015256
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03075
IRS990/OtherRevenueMiscGrp/ExclusionAmt115
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03075
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt115
IRS990/OtherRevenueTotalAmt03090
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025592
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027354
IRS990/PrincipalOfficerNm0TREVOR MCLEAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0291964
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0291964
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0821046
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01307
IRS990/PYOtherExpensesAmt01546776
IRS990/PYOtherRevenueAmt0480
IRS990/PYProgramServiceRevenueAmt0297417
IRS990/PYRevenuesLessExpensesAmt0-426526
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01546776
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01120250
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-298401
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0291964
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01380089
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01933896
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2020 AMOUNT: $ 816. 2021 AMOUNT: $ 424. 2022 AMOUNT: $ 4,832. 2023 AMOUNT: $ 460. 2024 AMOUNT: $ 15.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0977831
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0821046
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01452872
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01466525
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01471647
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06189921
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0939
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0400
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0326
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0313
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03285
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0291964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0297417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0279884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0259498
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0260435
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01389198
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03075
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0160
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0130
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03385
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0939
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0313
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03285
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt015
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04832
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0424
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0816
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06547
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt07582504
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01272870
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01118483
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01732916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01726153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01732082
IRS990ScheduleA/Total509Grp/TotalAmt07582504
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01273824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01120250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01738148
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01726903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01733211
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07592336
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08664097
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04394638
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013058735
IRS990ScheduleD/EquipmentGrp/BookValueAmt02985
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067062
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt070047
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01572225
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0752844
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0752844
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01273824
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS FOR THE PERSONAL USE OF RESIDENTS AND FUNDS RECEIVED AS SECURITY DEPOSITS FOR SERVICES ARE HELD IN TRUST FOR THEM BY THE ENTITY. THESE FUNDS ARE SEGREGATED IN A SEPARATE INTEREST-BEARING ACCOUNT FOR THE TENANTS' BENEFIT AND ARE NOT AVAILABLE FOR OTHER USES. DURING 2019, THE ENTITY RECEIVED A DEPOSIT OF $10,000 FOR THE SALE OF THE LAND. AS OF DECEMBER 31, 2024, THE TRANSACTION IS TEMPORARILY ON HOLD PENDING POTENTIAL CHANGES IN THE TERMS OF SALE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09419926
IRS990ScheduleD/TotalExpensesPerForm990Amt01572225
IRS990ScheduleD/TotalRevenuePerForm990Amt01273824
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01273824
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01572225
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EMPLOYED T.U.C. MANAGEMENT COMPANY, INC. AS A MANAGING AGENT FOR THE PURPOSES OF SUPERVISING AND OVERSEEING DAY-TO-DAY AND LONG TERM MANAGEMENT, MAINTENANCE AND UPKEEP OF THE PREMISES, AND HAVING OVERALL SUPERVISION OF THE SECTION OF THE BUILDING OVER WHICH THE ORGANIZATION HAS CONTROL. IN ADDITION, THE COMPANY OVERSEES THE LEASING OF ANY AVAILABLE SPACE UPON OWNER'S REQUEST, COLLECTING RENT, CARRYING FEES, AND OTHER PAYMENTS DUE TO OWNER FROM TENANTS OR OCCUPANTS OF SPACE IN THE SAID PREMISES, MAINTAINING THE PREMISES PHYSICAL CONDITION IN COMPLIANCE WITH ALL GOVERNMENTAL CODES AND REGULATIONS. THE MANAGEMENT COMPANY ALSO PROVIDES CONSULTATIVE SERVICES AND THE BACK-OFFICE ACCOUNTING FUNCTIONS. THE MANAGEMENT FEE PAID TO TUC DURING 2024 WAS $124,028. NO BOARD MEMBER OR OFFICER LISTED IN PART VII RECEIVED COMPENSATION FROM THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE CURRENTLY NO COMMITTEES. THE CURRENT BOARD OVERSEES ALL AREAS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOUNDVIEW SENIOR HDFC FUND COMPANY INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS ELECTRONICALLY FORWARDED TO THE BOARD PRESIDENT AND TREASURER FOR REVIEW AND APPROVAL. A COPY OF THE RETURN IS SENT TO THE FULL BOARD AFTER IT HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 1023, FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY .
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 213,891. MANAGEMENT AND GENERAL EXPENSES 4,478. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 218,369.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011741276
IRS990/TotalAssetsEOYAmt011487761
IRS990/TotalAssetsGrp/BOYAmt011741276
IRS990/TotalAssetsGrp/EOYAmt011487761
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0977831
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0256979
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01315246
IRS990/TotalFunctionalExpensesGrp/TotalAmt01572225
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014389397
IRS990/TotalLiabilitiesEOYAmt014434283
IRS990/TotalLiabilitiesGrp/BOYAmt014389397
IRS990/TotalLiabilitiesGrp/EOYAmt014434283

Document Assets

No mirrored PDF or thumbnail assets are attached yet.