Civic Intelligence

588 Park Place Housing Development Corporation

EIN 45-0481177 • 501(c)3 • Brooklyn, NY

Profile

The mission of the organization is to own and operate an apartment building for qualified low income individuals in the brooklyn, new york area.

621 Degraw StreetBrooklyn, NY 11217
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-27%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$255,466

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 105.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

35%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,312,300 (-100%) from 2023

Liabilities

Down

$0

Down $2,197,922 (-100%) from 2023

Net Assets

Up

$0

Up $885,622 (+100%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin20th percentile

Revenue

Up

$243,261

Up $63,513 (+35%) from 2023

Expenses

Up

$309,774

Up $20,918 (+7.2%) from 2023

Net Income

Up

-$66,513

Up $42,595 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,057,851Liabilities 2011: $2,125,050Net Assets 2011: -$67,1992011Assets 2012: $1,991,414Liabilities 2012: $2,125,691Net Assets 2012: -$134,2772012Assets 2013: $1,942,646Liabilities 2013: $2,139,646Net Assets 2013: -$197,0002013Assets 2014: $1,887,489Liabilities 2014: $2,154,309Net Assets 2014: -$266,8202014Assets 2015: $1,827,815Liabilities 2015: $2,162,053Net Assets 2015: -$334,2382015Assets 2016: $1,791,828Liabilities 2016: $2,159,574Net Assets 2016: -$367,7462016Assets 2017: $1,726,505Liabilities 2017: $2,158,742Net Assets 2017: -$432,2372017Assets 2018: $1,678,897Liabilities 2018: $2,162,993Net Assets 2018: -$484,0962018Assets 2019: $1,617,364Liabilities 2019: $2,161,265Net Assets 2019: -$543,9012019Assets 2020: $1,573,279Liabilities 2020: $2,168,539Net Assets 2020: -$595,2602020Assets 2021: $1,490,835Liabilities 2021: $2,170,713Net Assets 2021: -$679,8782021Assets 2022: $1,394,905Liabilities 2022: $2,171,419Net Assets 2022: -$776,5142022Assets 2023: $1,312,300Liabilities 2023: $2,197,922Net Assets 2023: -$885,6222023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$400K$200K$0-$200KExpenses 2011: $198,2142011Expenses 2012: $230,4052012Expenses 2013: $233,1802013Revenue 2014: $180,162Expenses 2014: $230,279Net Income 2014: -$50,1172014Revenue 2015: $194,699Expenses 2015: $262,117Net Income 2015: -$67,4182015Revenue 2016: $196,820Expenses 2016: $230,328Net Income 2016: -$33,5082016Revenue 2017: $185,945Expenses 2017: $250,436Net Income 2017: -$64,4912017Revenue 2018: $196,108Expenses 2018: $247,967Net Income 2018: -$51,8592018Revenue 2019: $188,789Expenses 2019: $248,594Net Income 2019: -$59,8052019Revenue 2020: $201,783Expenses 2020: $253,142Net Income 2020: -$51,3592020Revenue 2021: $190,158Expenses 2021: $274,776Net Income 2021: -$84,6182021Revenue 2022: $187,788Expenses 2022: $284,424Net Income 2022: -$96,6362022Revenue 2023: $179,748Expenses 2023: $288,856Net Income 2023: -$109,1082023Revenue 2024: $243,261Expenses 2024: $309,774Net Income 2024: -$66,5132024

Highlighted filing

2024

Revenue$243,261
Expenses$309,774
Net Income-$66,513
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$243,261
Expenses
$309,774
Net income
-$66,513
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.24$0.31$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$2.20$0.89$0.18$0.29$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$2.17$0.78$0.19$0.28$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$2.17$0.68$0.19$0.27$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$2.17$0.60$0.20$0.25$0.05
2019Summary only. Only limited summary data is available for this year.$1.62$2.16$0.54$0.19$0.25$0.06
2018Summary only. Only limited summary data is available for this year.$1.68$2.16$0.48$0.20$0.25$0.05
2017Summary only. Only limited summary data is available for this year.$1.73$2.16$0.43$0.19$0.25$0.06
2016Summary only. Only limited summary data is available for this year.$1.79$2.16$0.37$0.20$0.23$0.03
2015Summary only. Only limited summary data is available for this year.$1.83$2.16$0.33$0.19$0.26$0.07
2014Summary only. Only limited summary data is available for this year.$1.89$2.15$0.27$0.18$0.23$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$2.14$0.20$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$2.13$0.13$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$2.13$0.07$0.20
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 1, 2021
Return Version
2020v4.0
Gross Receipts
$190,158
Mission and Program Overview

Mission

The mission of the organization is to own and operate an apartment building for qualified low income individuals in the brooklyn, new york area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,197,501$1,139,697▼ $57,804
Cash and Non-Interest-Bearing Accounts$199,784$153,248▼ $46,536
Accounts Receivable$17,614$16,197▼ $1,417
Prepaid Expenses and Deferred Charges$1,419$7,900▲ $6,481
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,573,279$1,490,835▼ $82,444
Other Assets Total$156,961$173,793▲ $16,832
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,110,943$2,110,943→ $0
Accounts Payable and Accrued Expenses$47,179$48,448▲ $1,269
Other Liabilities$10,417$11,210▲ $793
Deferred Revenue-$112-
Total Liabilities$2,168,539$2,170,713▲ $2,174
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-595,260$-679,878▼ $84,618
Total Net Assets Fund Balance$-595,260$-679,878▼ $84,618
Total Liabilities and Net Assets / Fund Balance$1,573,279$1,490,835▼ $82,444

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,139,696$998,184$2,137,880
Land$1-$1
Other Assets Org$11,210--
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Dany CunninghamPresident
Michelle De La UzSecretary
Pat ConwayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$190,127
Investment Income
$31
Other Revenue
$0
Change in Net Assets
$-84,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$274,776
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
Payments to Affiliates$90,174--$90,174
Depreciation Depletion$77,042--$77,042
All Other Expenses$12,648--$12,648
Insurance$12,393--$12,393
Other Expenses$9,923--$9,923
Fees for Services Accounting$4,200--$4,200
Office Expenses$2,797--$2,797
Interest$2,437--$2,437
Fees for Services Legal$1,464--$1,464
Total Functional Expenses$274,776$0$0$274,776
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Payable$11,210
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 1A: Explanation of Delegated Broad Authority to Committee

“The board sets up adhoc committees as needed.”

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“Bookkeeping, management, manangement reporting, coordinate efforts with the outside auditor, maintain the common elements of the property, manage tenant issues and other projects on an as needed basis.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Major decisions are discussed and voted upon by board members. At times, the board members seek the opinions of the management company, lawyers, outside auditor and others in the decision making process.”

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“The organization has not established formal sub committees.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The outside auditor prepares a draft set of tax returns to be reviewed by the management company. Corrections and edits are discussed and made, if necessary. An officer of the organization reviews the tax returns as well. The outside auditor prepares a final set of tax returns for signature.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization has adopted the conflict of interest policy as used by the sponsor/manager of the organization which is also a 501(c)(3). The director of the finance & it of the management company is responsible for financial relationships between the organization and other entities. If a potential conflict of interest issue arises, the director of finance & it for fac addresses this matter with the director of property management for resolution. At times, the management company consults with the outside auditor about potential conflicts.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Upon request, the organization provides copies of it's governing documents, policies and audited financial statements.”

Filing and Contact Details

Filer

Filer Name
588 Park Place Housing Development Fund
EIN
45-0481177
Phone
7182372017
Address
621 DEGRAW STREET, BROOKLYN, NY 11217

Signing Officer

Name
Michelle De La Uz
Title
Secretary
Phone
9142353600
Signed
2021-07-01
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Rob Goldman CPA Mba Pllc
Address
214 FIFTH AVE, PELHAM, NY 10803
Preparer
Rob Goldman CPA Mba
Phone
9142353600
Raw XML AppendixShowing 400 of 462 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
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IRS990/AccountsReceivableGrp/EOYAmt016197
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE AN APARTMENT BUILDING FOR QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.
IRS990/AdvertisingGrp/TotalAmt00
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IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011217
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
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IRS990/CompensationProcessCEOInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0190158
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0112
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt077042
IRS990/DepreciationDepletionGrp/TotalAmt077042
IRS990/Desc0THE ORGANIZATION'S APARTMENT BUILDING HAS A CAPACITY OF 16 APARTMENTS WHICH WERE OCCUPIED DURING THE YEAR.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0274776
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04200
IRS990/FeesForServicesAccountingGrp/TotalAmt04200
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01464
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IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/PersonNm1DANY CUNNINGHAM
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossReceiptsAmt0190158
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
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IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc3WATER & SEWER
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01419
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07900
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0190127
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0190127
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt057
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0253142
IRS990/PYProgramServiceRevenueAmt0201726
IRS990/PYRevenuesLessExpensesAmt0-51359
IRS990/PYTotalExpensesAmt0253142
IRS990/PYTotalRevenueAmt0201783
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-84618
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0190158
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0278
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0190127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0201726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0188730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0196047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0184878
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0961508
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0278
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0997
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0997
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt0961508
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0190127
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0201726
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0188730
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0196047
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0184878
IRS990ScheduleA/Total509Grp/TotalAmt0961508
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0190158
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0201783
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0188789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0196108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0185945
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0962783
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01139696
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0998184
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02137880
IRS990ScheduleD/LandGrp/BookValueAmt01
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt063510
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt199073
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt211210
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011210
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01139697
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0173793
IRS990ScheduleD/TotalLiabilityAmt011210
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0199607
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0147
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHELLE DE LA UZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0204480
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD SETS UP ADHOC COMMITTEES AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOKKEEPING, MANAGEMENT, MANANGEMENT REPORTING, COORDINATE EFFORTS WITH THE OUTSIDE AUDITOR, MAINTAIN THE COMMON ELEMENTS OF THE PROPERTY, MANAGE TENANT ISSUES AND OTHER PROJECTS ON AN AS NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAJOR DECISIONS ARE DISCUSSED AND VOTED UPON BY BOARD MEMBERS. AT TIMES, THE BOARD MEMBERS SEEK THE OPINIONS OF THE MANAGEMENT COMPANY, LAWYERS, OUTSIDE AUDITOR AND OTHERS IN THE DECISION MAKING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NOT ESTABLISHED FORMAL SUB COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OUTSIDE AUDITOR PREPARES A DRAFT SET OF TAX RETURNS TO BE REVIEWED BY THE MANAGEMENT COMPANY. CORRECTIONS AND EDITS ARE DISCUSSED AND MADE, IF NECESSARY. AN OFFICER OF THE ORGANIZATION REVIEWS THE TAX RETURNS AS WELL. THE OUTSIDE AUDITOR PREPARES A FINAL SET OF TAX RETURNS FOR SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS ADOPTED THE CONFLICT OF INTEREST POLICY AS USED BY THE SPONSOR/MANAGER OF THE ORGANIZATION WHICH IS ALSO A 501(C)(3). THE DIRECTOR OF THE FINANCE & IT OF THE MANAGEMENT COMPANY IS RESPONSIBLE FOR FINANCIAL RELATIONSHIPS BETWEEN THE ORGANIZATION AND OTHER ENTITIES. IF A POTENTIAL CONFLICT OF INTEREST ISSUE ARISES, THE DIRECTOR OF FINANCE & IT FOR FAC ADDRESSES THIS MATTER WITH THE DIRECTOR OF PROPERTY MANAGEMENT FOR RESOLUTION. AT TIMES, THE MANAGEMENT COMPANY CONSULTS WITH THE OUTSIDE AUDITOR ABOUT POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST, THE ORGANIZATION PROVIDES COPIES OF IT'S GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112475743
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO ADVANCE SOCIAL AND ECONOMIC JUSTICE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011217
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt090174
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01573279
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IRS990/TotalAssetsGrp/EOYAmt01490835
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0274776
IRS990/TotalFunctionalExpensesGrp/TotalAmt0274776
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02168539

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