Civic Intelligence

Csa Realty Inc

EIN 45-2766873 • 501(c)2 • New York, NY

Profile

To own operate, lease and finance real property, including collecting income from such real property, and turning over the entire amount less expenses to the Council of School Supervisors and Administrators of the City of New York and organization that is exempt under Section 501(c)(5) of the Internal Revenue Code.

40 Rector Street 12thNew York, NY 10006

www.csa-nyc.org

Siviq Scores

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

Liabilities / Assets

97th percentile

1.44x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

8.65x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Source year 2024

Net Margin

51st percentile

8.3%

Higher net margin than 51% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

77th percentile

4.3%

Faster asset growth than 77% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

4.2%

Faster revenue growth than 63% of similar nonprofits.

501(c)2 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,335,022

Up $430,746 (+4.3%) from 2023

Liabilities

Down

$14,880,928

Down $122,216 (-0.8%) from 2023

Net Assets

Up

-$4,545,906

Up $552,962 (+11%) from 2023

Revenue

Up

$1,719,528

Up $70,064 (+4.2%) from 2023

Expenses

Down

$1,576,946

Down $156,021 (-9.0%) from 2023

Net Income

Up

$142,582

Up $226,085 (+271%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2012: $15,113,641Liabilities 2012: $16,689,590Net Assets 2012: -$1,575,9492012Assets 2013: $14,273,517Liabilities 2013: $15,975,453Net Assets 2013: -$1,701,9362013Assets 2014: $13,997,600Liabilities 2014: $16,330,704Net Assets 2014: -$2,333,1042014Assets 2015: $13,107,949Liabilities 2015: $16,036,491Net Assets 2015: -$2,928,5422015Assets 2016: $13,315,564Liabilities 2016: $16,713,387Net Assets 2016: -$3,397,8232016Assets 2017: $13,083,918Liabilities 2017: $16,640,185Net Assets 2017: -$3,556,2672017Assets 2018: $12,298,183Liabilities 2018: $16,279,918Net Assets 2018: -$3,981,7352018Assets 2019: $12,207,819Liabilities 2019: $16,622,718Net Assets 2019: -$4,414,8992019Assets 2020: $11,724,090Liabilities 2020: $16,364,301Net Assets 2020: -$4,640,2112020Assets 2021: $10,813,056Liabilities 2021: $15,595,183Net Assets 2021: -$4,782,1272021Assets 2022: $10,831,606Liabilities 2022: $15,846,971Net Assets 2022: -$5,015,3652022Assets 2023: $9,904,276Liabilities 2023: $15,003,144Net Assets 2023: -$5,098,8682023Assets 2024: $10,335,022Liabilities 2024: $14,880,928Net Assets 2024: -$4,545,9062024

Highlighted filing

2024

Assets$10,335,022
Liabilities$14,880,928
Net Assets-$4,545,906

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,208,4532012Expenses 2013: $1,779,8692013Revenue 2014: $1,384,298Expenses 2014: $2,028,496Net Income 2014: -$644,1982014Revenue 2015: $1,444,629Expenses 2015: $1,793,970Net Income 2015: -$349,3412015Revenue 2016: $1,869,535Expenses 2016: $2,316,716Net Income 2016: -$447,1812016Revenue 2017: $1,418,725Expenses 2017: $1,869,011Net Income 2017: -$450,2862017Revenue 2018: $1,542,127Expenses 2018: $1,818,430Net Income 2018: -$276,3032018Revenue 2019: $1,545,199Expenses 2019: $1,909,767Net Income 2019: -$364,5682019Revenue 2020: $1,575,910Expenses 2020: $1,801,222Net Income 2020: -$225,3122020Revenue 2021: $1,602,974Expenses 2021: $1,744,890Net Income 2021: -$141,9162021Revenue 2022: $1,596,269Expenses 2022: $1,829,507Net Income 2022: -$233,2382022Revenue 2023: $1,649,464Expenses 2023: $1,732,967Net Income 2023: -$83,5032023Revenue 2024: $1,719,528Expenses 2024: $1,576,946Net Income 2024: $142,5822024

Highlighted filing

2024

Revenue$1,719,528
Expenses$1,576,946
Net Income$142,582

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.3$14.9$4.55$1.72$1.58$0.14
2023Detailed filing. Detailed filing data is available for this year.$9.90$15.0$5.10$1.65$1.73$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$15.8$5.02$1.60$1.83$0.23
2021Detailed filing. Detailed filing data is available for this year.$10.8$15.6$4.78$1.60$1.74$0.14
2020Detailed filing. Detailed filing data is available for this year.$11.7$16.4$4.64$1.58$1.80$0.23
2019Detailed filing. Detailed filing data is available for this year.$12.2$16.6$4.41$1.55$1.91$0.36
2018Detailed filing. Detailed filing data is available for this year.$12.3$16.3$3.98$1.54$1.82$0.28
2017Detailed filing. Detailed filing data is available for this year.$13.1$16.6$3.56$1.42$1.87$0.45
2016Detailed filing. Detailed filing data is available for this year.$13.3$16.7$3.40$1.87$2.32$0.45
2015Detailed filing. Detailed filing data is available for this year.$13.1$16.0$2.93$1.44$1.79$0.35
2014Detailed filing. Detailed filing data is available for this year.$14.0$16.3$2.33$1.38$2.03$0.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$16.0$1.70$1.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$16.7$1.58$1.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,719,528
Mission and Program Overview

Mission

To own operate, lease and finance real property, including collecting income from such real property, and turning over the entire amount less expenses to the Council of School Supervisors and Administrators of the City of New York, and organization that is exempt under Section 501 (c)(5) of the Internal Revenue Code.

To own operate, lease and finance real property, including collecting income from such real property, and turning over the entire amount less expenses to the Council of School Supervisors and Administrators of the City of New York and organization that is exempt under Section 501(c)(5) of the Internal Revenue Code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,202,857$8,867,869▼ $334,988
Cash and Non-Interest-Bearing Accounts$564,932$1,321,425▲ $756,493
Prepaid Expenses and Deferred Charges$116,128$112,660▼ $3,468
Accounts Receivable$20,359$33,068▲ $12,709
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$9,904,276$10,335,022▲ $430,746
Other Assets Total-$0-
Liabilities
Other Liabilities$10,878,832$11,346,771▲ $467,939
Mortgage Notes Payable Secured by Investment Property$3,801,579$3,507,189▼ $294,390
Accounts Payable and Accrued Expenses$322,733$26,968▼ $295,765
Total Liabilities$15,003,144$14,880,928▼ $122,216
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,098,868$-4,545,906▲ $552,962
Total Net Assets Fund Balance$-5,098,868$-4,545,906▲ $552,962
Total Liabilities and Net Assets / Fund Balance$9,904,276$10,335,022▲ $430,746

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,007,503$2,730,684-
Other Land Buildings-$21,601-
Equipment$15,192$35,147-
Leasehold Improvements$2,845,174$1,283,785-
Compensation and Service Providers

Employees

NameTitleOtherTotal
Gayle LockettTrustee$5,000$5,000
Christopher OgnoTrustee$4,500$4,500
Gail IrizarryTrustee$4,500$4,500
Joseph NapolitanoTrustee$4,500$4,500
Katiana LouissaintTrustee$4,500$4,500
Marie GuillaumeTrustee$4,500$4,500
Moses OjedaTrustee$4,500$4,500
Nancy RussoTrustee$4,500$4,500
Samuel AkelTrustee$4,500$4,500
Susan BaroneTrustee$4,500$4,500

Board Members and Trustees

NameTitle
Mark CannizzaroFormer President
Henry RubioPresident
Saida Rodriguez-TaboneTrustee
Rosemarie SinclairExec.Vice Pres
Dale KellyFirst Vice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,719,528
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$142,582

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,719,528
Total Revenue per Audited Statements
$1,719,528
Total Revenue per Form 990
$1,719,528
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,576,946
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
Depreciation Depletion---$338,888
All Other Expenses---$209,378
Other Expenses---$148,262
Total Functional Expenses$0$0$0$1,576,946

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,576,946
Total Expenses per Audited Statements$1,576,946
Total Expenses per Form 990$1,576,946
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
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
Intercompany CSA$11,346,771
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The CPA firm will meet with the Organization's president and treasurer to review the FORM 990. Once the Form 990 is approved, it will be presented to the board before it is filed.

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

The conflict of interest policy was approved by the board. The board will review the policy annually and re-approve the policy again if there are changes.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
CSA Realty Inc
EIN
45-2766873
Phone
2128232041
Address
40 Rector Street 12th, New York, NY 10006

Signing Officer

Name
Henry Rubio
Title
President
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Satty Levine & Ciacco CPAs PC
Address
534 Broadhollow Road Suite 300, Melville, NY 11747
Preparer
Frank Lou CPA
Phone
5163389500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Condo electric: Column (A) - Total = $49677; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Miscellaneous: Column (A) - Total = $149; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

other condo expenses: Column (A) - Total = $52234; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Professional fees: Column (A) - Total = $1957; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Repairs and Maintenance: Column (A) - Total = $105361; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Financial Statement Notes

Part X : FIN48 Footnote

The Organizations Forms 990, Return of Organization Exempt from Income Tax, for the years ending 2024, 2023, 2022 and 2021 are subject to examination by the IRS, generally for 3 years after they were filed. The Organizations have concluded that there are no material uncertain tax liabilities to be recognized at this time.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Exec.Vice Pres
IRS990/Form990PartVIISectionAGrp/TitleTxt2First Vice Pres
IRS990/Form990PartVIISectionAGrp/TitleTxt3Former President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
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IRS990/MissionDesc0To own operate, lease and finance real property, including collecting income from such real property, and turning over the entire amount less expenses to the Council of School Supervisors and Administrators of the City of New York and organization that is exempt under Section 501(c)(5) of the Internal Revenue Code.
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IRS990/NetUnrlzdGainsLossesInvstAmt0410380
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-4545906
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc2Mortgage Interest
IRS990/OtherExpensesGrp/Desc3Real Estate Taxes
IRS990/OtherExpensesGrp/TotalAmt0467790
IRS990/OtherExpensesGrp/TotalAmt1253331
IRS990/OtherExpensesGrp/TotalAmt2159297
IRS990/OtherExpensesGrp/TotalAmt3148262
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0116128
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0112660
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01732967
IRS990/PYProgramServiceRevenueAmt01649464
IRS990/PYRevenuesLessExpensesAmt0-83503
IRS990/PYTotalExpensesAmt01732967
IRS990/PYTotalRevenueAmt01649464
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0142582
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleD/BuildingsGrp/BookValueAmt06007503
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02730684
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt08738187
IRS990ScheduleD/EquipmentGrp/BookValueAmt015192
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035147
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt050339
IRS990ScheduleD/ExpensesSubtotalAmt01576946
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02845174
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01283785
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt04128959
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021601
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt021601
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011346771
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Intercompany CSA
IRS990ScheduleD/RevenueSubtotalAmt01719528
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organizations Forms 990, Return of Organization Exempt from Income Tax, for the years ending 2024, 2023, 2022 and 2021 are subject to examination by the IRS, generally for 3 years after they were filed. The Organizations have concluded that there are no material uncertain tax liabilities to be recognized at this time.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalExpensesPerForm990Amt01576946
IRS990ScheduleD/TotalLiabilityAmt011346771
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt22877
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt133544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt213509
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Dale Kelly
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Henry Rubio
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Mark Cannizzaro
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Rosemarie Sinclair
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0First Vice Pres
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Former President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Exec.Vice Pres
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The CPA firm will meet with the Organization's president and treasurer to review the FORM 990. Once the Form 990 is approved, it will be presented to the board before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD. THE BOARD WILL REVIEW THE POLICY ANNUALLY AND RE-APPROVE THE POLICY AGAIN IF THERE ARE CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents, conflict of interest policy and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Condo electric: Column (A) - Total = $49677; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Miscellaneous: Column (A) - Total = $149; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5other condo expenses: Column (A) - Total = $52234; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Professional fees: Column (A) - Total = $1957; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Repairs and Maintenance: Column (A) - Total = $105361; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Council of School Supervisors and Admini
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Executive Leadership Institute

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