Civic Intelligence

Chi Reality Inc.

990EZ • Fiscal year 2023 • EIN 32-0190641

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 01, 2024

Organization Profile
75 South Broadway 340White Plains, NY 10601-4922

(914) 683-1010

Siviq Scores

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

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

3.31x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-276%

Higher net margin than 4% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Asset Growth

61st percentile

0.6%

Faster asset growth than 61% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-93%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$53,587

Up $315 (+0.6%) from 2022

Net Assets

Down

$51,684

Down $1,588 (-3.0%) from 2022

Liabilities

Up

$1,903

Up $1,903 from 2022

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin4th percentile

Revenue

Down

$575

Down $7,235 (-93%) from 2022

Expenses

Down

$2,163

Down $2,860 (-57%) from 2022

Net Income

Down

-$1,588

Down $4,375 (-157%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$100K$50K$0Assets 2019: $99,685Liabilities 2019: $82,000Net Assets 2019: $17,6852019Assets 2020: $31,327Liabilities 2020: $0Net Assets 2020: $31,3272020Assets 2021: $50,485Liabilities 2021: $0Net Assets 2021: $50,4852021Assets 2022: $53,272Liabilities 2022: $0Net Assets 2022: $53,2722022Assets 2023: $53,587Liabilities 2023: $1,903Net Assets 2023: $51,6842023Assets 2024: $49,632Liabilities 2024: $0Net Assets 2024: $49,6322024

Highlighted filing

2023

Assets$53,587
Liabilities$1,903
Net Assets$51,684
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$300K$200K$100K$0-$100K-$200KRevenue 2019: $32,044Expenses 2019: $204,013Net Income 2019: -$171,9692019Revenue 2020: $26,205Expenses 2020: $12,563Net Income 2020: $13,6422020Revenue 2021: $40,435Expenses 2021: $21,277Net Income 2021: $19,1582021Revenue 2022: $7,810Expenses 2022: $5,023Net Income 2022: $2,7872022Revenue 2023: $575Expenses 2023: $2,163Net Income 2023: -$1,5882023Revenue 2024: $0Expenses 2024: $2,052Net Income 2024: -$2,0522024

Highlighted filing

2023

Revenue$575
Expenses$2,163
Net Income-$1,588
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 1, 2024
Return Version
2023v5.1
Gross Receipts
$575
Mission and Program Overview

Mission

This entity provides property management services for other corporations and may engage in real estate services that help facilitate community housing innovations, inc in carrying out its missions and objectives.

Program Services

DescriptionGrantsExpenses
THIS ENTITY PROVIDES PROPERTY MANAGEMENT SERVICES FOR OTHER CORPORATIONS AND MAY ENGAGE IN REAL ESTATE SERVICES THAT HELP FACILITATE COMMUNITY HOUSING INNOVATIONS, INC IN CARRYING OUT ITS MISSIONS AND OBJECTIVES.$0$2,163
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN GIFFORDPresident-$0--
GERRY FEINBERGBoard Member-$0--
RONALD ABADChief Executive Officer-$0--
Filing and Contact Details

Filer

Filer Name
Chi Realty Inc
EIN
32-0190641
Phone
9146831010
Address
75 SOUTH BROADWAY 340, WHITE PLAINS, NY 10601-4922

Signing Officer

Name
David Daniello
Title
CFO
Phone
9146831010
Signed
2024-07-01
Discuss with paid preparer
Yes

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Ken Cerini
Phone
6315821600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: insurance and other expenses. Amount: 1,903. Description: application fees. Amount: 75. Description: licenses and permits. Amount: 185. Total to form 990-ez, line 16: 2,163.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 2,138. End of year amount: 2,138.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 0. End of year amount: 1,903.”

Raw XML Appendix157 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0RONALD ABAD
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0RONALD ABAD IS THE CHIEF EXECUTIVE OFFICER FOR COMMUNITY HOUSING INNOVATIONS, INC. (CHI) A RELATED ENTITY TO CHI REALTY. IN HIS CAPACITY, RONALD RECEIVED $338,596 AS HIS BASE COMPENSATION, $17,463 OF OTHER REPORTABLE COMPENSATION, $43,928 OF DEFERRED COMPENSATION, AND $12,661 OF NONTAXABLE BENEFITS.
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID DANIELLO
IRS990EZ/BooksInCareOfDetail/PhoneNum09146831010
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt075 SOUTH BROADWAY SUITE 340
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WHITE PLAINS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0106014922
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt051134
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt051449
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1588
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt053272
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053587
IRS990EZ/GrossReceiptsAmt0575
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt053272
IRS990EZ/NetAssetsOrFundBalancesEOYAmt051684
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt053272
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt051684
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVEN GIFFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GERRY FEINBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RONALD ABAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHIEF EXECUTIVE OFFICER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02138
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02138
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02163
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THIS ENTITY PROVIDES PROPERTY MANAGEMENT SERVICES FOR OTHER CORPORATIONS AND MAY ENGAGE IN REAL ESTATE SERVICES THAT HELP FACILITATE COMMUNITY HOUSING INNOVATIONS, INC IN CARRYING OUT ITS MISSIONS AND OBJECTIVES.
IRS990EZ/ProgramServiceRevenueAmt0575
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS ENTITY PROVIDES PROPERTY MANAGEMENT SERVICES FOR OTHER CORPORATIONS AND MAY ENGAGE IN REAL ESTATE SERVICES THAT HELP FACILITATE COMMUNITY HOUSING INNOVATIONS, INC IN CARRYING OUT ITS MISSIONS AND OBJECTIVES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02163
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01903
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02163
IRS990EZ/TotalProgramServiceExpensesAmt02163
IRS990EZ/TotalRevenueAmt0575
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0133627750
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0COMMUNITY HOUSING INNOVATIONS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE AND OTHER EXPENSES. AMOUNT: 1,903. DESCRIPTION: APPLICATION FEES. AMOUNT: 75. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 185. TOTAL TO FORM 990-EZ, LINE 16: 2,163.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 2,138. END OF YEAR AMOUNT: 2,138.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,903.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID DANIELLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09146831010
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHI REALTY INC
ReturnHeader/Filer/BusinessNameControlTxt0CHIR
ReturnHeader/Filer/EIN0320190641
ReturnHeader/Filer/PhoneNum09146831010
ReturnHeader/Filer/USAddress/AddressLine1Txt075 SOUTH BROADWAY 340
ReturnHeader/Filer/USAddress/CityNm0WHITE PLAINS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0106014922
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113066459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERINI & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03340 VETERANS MEMORIAL HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOHEMIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011716
ReturnHeader/PreparerPersonGrp/PhoneNum06315821600
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEN CERINI
ReturnHeader/ReturnTs02024-07-02T10:44:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DANIELLO
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,587
Liabilities
$1,903
Net assets
$51,684
Revenue
$575
Expenses
$2,163
Net income
-$1,588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.00$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.52$0.01$0.02$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$0.08$0.05$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.40$0.21$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$0.26$0.13$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.82$0.18$0.32$2.04$1.72