Civic Intelligence

Biobat Inc.

990 • Fiscal year 2020 • EIN 45-3533828

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 22, 2021

Organization ProfileWWW.BIOBAT.NYC
450 Clarkson AvenueBrooklyn, NY 11203

(347) 799-1477

Siviq Scores

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

Liabilities / Assets

12th percentile

0.01x

Higher debt load relative to assets than 12% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

0.09x

Higher debt load relative to revenue than 17% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$188,751

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

1st percentile

-44%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

54%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$26,658,147

Down $21,102,832 (-44%) from 2019

Net Assets

Down

$26,332,787

Down $21,110,973 (-44%) from 2019

Liabilities

Up

$325,360

Up $8,141 (+2.6%) from 2019

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin78th percentile

Revenue

Up

$3,543,927

Up $1,236,624 (+54%) from 2019

Expenses

Down

$2,827,638

Down $228,726 (-7.5%) from 2019

Net Income

Up

$716,289

Up $1,465,350 (+196%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$60M$40M$20M$0Assets 2015: $51,527,438Liabilities 2015: $113,649Net Assets 2015: $51,413,7892015Assets 2016: $50,460,202Liabilities 2016: $348,532Net Assets 2016: $50,111,6702016Assets 2017: $49,866,062Liabilities 2017: $104,882Net Assets 2017: $49,761,1802017Assets 2018: $49,650,170Liabilities 2018: $158,746Net Assets 2018: $49,491,4242018Assets 2019: $47,760,979Liabilities 2019: $317,219Net Assets 2019: $47,443,7602019Assets 2020: $26,658,147Liabilities 2020: $325,360Net Assets 2020: $26,332,7872020Assets 2021: $27,575,878Liabilities 2021: $449,861Net Assets 2021: $27,126,0172021Assets 2022: $28,285,839Liabilities 2022: $637,349Net Assets 2022: $27,648,4902022Assets 2023: $27,576,453Liabilities 2023: $882,167Net Assets 2023: $26,694,2862023Assets 2024: $26,153,116Liabilities 2024: $420,058Net Assets 2024: $25,733,0582024

Highlighted filing

2020

Assets$26,658,147
Liabilities$325,360
Net Assets$26,332,787
Open 2020 Filing

Operations Trend

Revenue Growth90th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $26,336Expenses 2015: $61,499Net Income 2015: -$35,1632015Revenue 2016: $1,227,646Expenses 2016: $2,529,765Net Income 2016: -$1,302,1192016Revenue 2017: $1,816,098Expenses 2017: $2,673,031Net Income 2017: -$856,9332017Revenue 2018: $2,292,271Expenses 2018: $2,562,027Net Income 2018: -$269,7562018Revenue 2019: $2,307,303Expenses 2019: $3,056,364Net Income 2019: -$749,0612019Revenue 2020: $3,543,927Expenses 2020: $2,827,638Net Income 2020: $716,2892020Revenue 2021: $3,841,164Expenses 2021: $3,047,934Net Income 2021: $793,2302021Revenue 2022: $3,125,444Expenses 2022: $2,602,971Net Income 2022: $522,4732022Revenue 2023: $3,340,515Expenses 2023: $4,007,602Net Income 2023: -$667,0872023Revenue 2024: $3,492,118Expenses 2024: $4,273,424Net Income 2024: -$781,3062024

Highlighted filing

2020

Revenue$3,543,927
Expenses$2,827,638
Net Income$716,289
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 22, 2021
Return Version
2019v5.2
Gross Receipts
$3,543,927
Mission and Program Overview

Mission

The Corporation was formed to attract, encourage, develop, improve and assist the life science and technology industries and public and private R&D institutions in New York State by developing affordable biotechnology/science research (wet/dry lab) and manufacturing space in New York City. Approximately 486,000 square feet of space at the southern end of Building A in the Brooklyn Army Terminal is being developed for a science and technology community of tenants. At this time all of the developed Phase I space is occupied.

Develop space for new & growing biopharm tech companies to create a 21st century working waterfront.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$44,305,029$22,067,212▼ $22,237,817
Cash and Non-Interest-Bearing Accounts$1,651,633$1,500,319▼ $151,314
Savings and Temporary Cash Investments$804,908$513,829▼ $291,079
Accounts Receivable$255,099$509,857▲ $254,758
Prepaid Expenses and Deferred Charges$320,095$300,930▼ $19,165
Total Assets$47,760,979$26,658,147▼ $21,102,832
Other Assets Total$424,215$1,766,000▲ $1,341,785
Liabilities
Other Liabilities$83,075$168,556▲ $85,481
Accounts Payable and Accrued Expenses$234,144$156,804▼ $77,340
Total Liabilities$317,219$325,360▲ $8,141
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,443,760$26,332,787▼ $21,110,973
Total Net Assets Fund Balance$47,443,760$26,332,787▼ $21,110,973
Total Liabilities and Net Assets / Fund Balance$47,760,979$26,658,147▼ $21,102,832

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,921,723$2,701,011$18,622,734
Leasehold Improvements$5,979,614$41,783$6,021,397
Other Land Buildings$145,540$393,163$538,703
Equipment$20,335$17,202$37,537
Other Assets Org$1,186,076--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen OttoExecutive DirectorFT$165,000$23,751$188,751

Board Members and Trustees

NameTitle
Dr Wayne Riley MdChairman
Eva Cramer PhdPresident
Carlo Yuvienco PhdDirector
Christina DeroseDirector
Doug ThiedeDirector
Dr James DiasDirector
Dr Prem Premsrirut MdDirector
Joan BartolomeoDirector
Matt MrozDirector
Jeff GambrellDirector as of 1/1/2020
Matt KwatinetzDirector to 10/30/2019
Amit GolderDirector to 6/30/2020
Craig CampbellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,450
Program Service Revenue
$3,502,679
Investment Income
$0
Other Revenue
$36,798
All Other Contributions
$4,450
Change in Net Assets
$716,289

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,543,927
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,715,200
Total Revenue per Audited Statements
$7,259,127
Total Revenue per Form 990
$3,543,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,515,097
Salaries, Compensation, and Employee Benefits$312,541
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$648,135$72,015-$720,150
Depreciation Depletion$684,937--$684,937
Current Officers, Directors, Trustees, and Key Employees$172,250$16,501-$188,751
Insurance$133,760$65-$133,825
Other Salaries and Wages-$78,241-$78,241
Fees for Services Accounting-$46,019-$46,019
Other Employee Benefits$38,619$6,930-$45,549
Office Expenses$8,071$1,341-$9,412
Information Technology$5,611$623-$6,234
Advertising$3,525--$3,525
Other Expenses$729$36,413-$729
Conferences and Meetings$536--$536
Fees for Services Other-$175-$175
Travel$154--$154
Total Functional Expenses$2,569,315$258,323$0$2,827,638

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,542,838
Expenses Not Reported on Form 990$3,715,200
Expenses per Audited Statements$2,827,638
Total Expenses per Form 990$2,827,638
Expenses Not Reported on Financial Statements$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$168,556
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VII:

“The executive director is compensated from the research foundation of the state university of new york.”

Form 990, Part VI, Section A, Line 6

“The corporation shall consist of two (2) members: the research foundation of state university of new york, for the benefit of suny downstate medical center, ("research foundation") and new york city economic development corporation ("edc"). While the research foundation shall act for the benefit of suny downstate medical center, the research foundation shall maintain the membership powers and interest, along with nycedc. Each member shall remain a member until the membership terminates by resignation or dissolution of the corporation.”

Form 990, Part VI, Section A, Line 7A

“In accordance with the bylaws of the organization, the board of directors shall be appointed by the corporate members. Four of the directors shall be named by the research foundation of the state university of new york, four shall be named by the new york city economic development corporation and two shall be elected jointly by the members.”

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

“The 990 is made available to the board and 990 is reviewed by the audit committee.”

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

“Each trustee, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: (a) has received a copy of the conflicts of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy; and (d) understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted by the audit committee.”

Form 990, Part VI, Section B, Line 15

“The executive director is compensated from the research foundation of the state university of new york which is approved by the board.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Biobat Inc
EIN
45-3533828
Phone
3477991477
Address
450 CLARKSON AVENUE, BROOKLYN, NY 11203

Signing Officer

Name
Craig P Campbell
Title
Treasurer
Phone
3477991477
Signed
2021-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eva Cramer Phd
Formed
2010
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
10

Preparer

Firm
Baker Tilly US Llp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loss on disposal of lhi - return of premises -21,827,262.”

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

“In connection with the execution and delivery of this amendment, biobat returned a portion of the original premises, including floors four through eight, passenger elevator, all elevator shafts, consisting of approximately 280,000 gross square feet of the original premises. These premises will no longer be leased to biobat. As a result of the returned premises, $21,827,262 was removed from leasehold improvements and recorded as a loss on disposal during the year ended june 30, 2020.”

Financial Statement Notes

PART X, LINE 2:

“Management has evaluated the corporation's tax positions and concluded that the corporation has not taken any uncertain tax positions that require adjustment to the financial statements to comply with the provisions of asc 740.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR AS OF 1/1/2020
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR TO 6/30/2020
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR TO 10/30/2019
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03543927
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0623
IRS990/InformationTechnologyGrp/ProgramServicesAmt05611
IRS990/InformationTechnologyGrp/TotalAmt06234
IRS990/InsuranceGrp/ManagementAndGeneralAmt065
IRS990/InsuranceGrp/ProgramServicesAmt0133760
IRS990/InsuranceGrp/TotalAmt0133825
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03153159
IRS990/LandBldgEquipBasisNetGrp/BOYAmt044305029
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022067212
IRS990/LandBldgEquipCostOrOtherBssAmt025220371
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BIOBAT, A JOINT PARTNERSHIP, CREATED BY THE RESEARCH FOUNDATION FOR SUNY, ON BEHALF OF DOWNSTATE HEALTH SCIENCES UNIVERSITY, AND THE NEW YORK CITY ECONOMIC DEVELOPMENT, PROVIDES:- SOPHISTICATED RESEARCH, OFFICE AND MANUFACTURING SPACE FOR LOCAL, NATIONAL AND INTERNATIONAL BIOTECHNOLOGY AND RELATED COMPANIES- THE OPPORTUNITY TO WORK WITH SUNY DOWNSTATE SCIENTISTS/CLINICIANS/STUDENTS TO ADVANCE THEIR DISCOVERIES AND PERFORM CLINICAL TRIALS- EDUCATIONAL, ENTREPRENEURIAL AND JOB TRAINING OPPORTUNITIES- AN ECONOMIC ENGINE TO CREATE JOBS, ADVANCE KNOWLEDGE AND BRING MEDICAL TREATMENTS AND NEW TECHNOLOGIES TO THE MARKETPLACE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt047443760
IRS990/NetAssetsOrFundBalancesEOYAmt026332787
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt047443760
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt026332787
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt072015
IRS990/OccupancyGrp/ProgramServicesAmt0648135
IRS990/OccupancyGrp/TotalAmt0720150
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01341
IRS990/OfficeExpensesGrp/ProgramServicesAmt08071
IRS990/OfficeExpensesGrp/TotalAmt09412
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0424215
IRS990/OtherAssetsTotalGrp/EOYAmt01766000
IRS990/OtherChangesInNetAssetsAmt0-21827262
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06930
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt038619
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045549
IRS990/OtherExpensesGrp/Desc0COMMON AREA MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES - BUILDING
IRS990/OtherExpensesGrp/Desc3AGENCY FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036413
IRS990/OtherExpensesGrp/ProgramServicesAmt0538369
IRS990/OtherExpensesGrp/ProgramServicesAmt1327721
IRS990/OtherExpensesGrp/ProgramServicesAmt26898
IRS990/OtherExpensesGrp/ProgramServicesAmt3729
IRS990/OtherExpensesGrp/TotalAmt0538369
IRS990/OtherExpensesGrp/TotalAmt1364134
IRS990/OtherExpensesGrp/TotalAmt26898
IRS990/OtherExpensesGrp/TotalAmt3729
IRS990/OtherLiabilitiesGrp/BOYAmt083075
IRS990/OtherLiabilitiesGrp/EOYAmt0168556
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt036798
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036798
IRS990/OtherRevenueTotalAmt036798
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078241
IRS990/OtherSalariesAndWagesGrp/TotalAmt078241
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0320095
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0300930
IRS990/PrincipalOfficerNm0EVA CRAMER PHD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1REIMBURSED EXPENSES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01912135
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11590544
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01912135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11590544
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0128927
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02807378
IRS990/PYOtherRevenueAmt01708
IRS990/PYProgramServiceRevenueAmt02176668
IRS990/PYRevenuesLessExpensesAmt0-749061
IRS990/PYSalariesCompEmpBnftPaidAmt0248986
IRS990/PYTotalExpensesAmt03056364
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02307303
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0716289
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03502679
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0804908
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0513829
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2015 AMOUNT: $ 20,918. 2019 AMOUNT: $ 36,798. INSURANCE CLAIMS - 2018 AMOUNT: $ 1,708.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0128927
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0742094
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0875471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt076
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03502679
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02176668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01550101
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01816098
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01206728
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt010252274
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt076
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt036798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01708
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt020918
IRS990ScheduleA/OtherIncome509Grp/TotalAmt059424
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99470
IRS990ScheduleA/PublicSupportPY509Pct00.96160
IRS990ScheduleA/PublicSupportTotal509Amt011127745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03507129
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02305595
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02292195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01816098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01206728
IRS990ScheduleA/Total509Grp/TotalAmt011127745
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03543927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02307303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02292271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01816098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01227646
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt011187245
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015921723
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02701011
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018622734
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt03715200
IRS990ScheduleD/DonatedServicesUseFcltsAmt03715200
IRS990ScheduleD/EquipmentGrp/BookValueAmt020335
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017202
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037537
IRS990ScheduleD/ExpensesNotReportedAmt03715200
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02827638
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05979614
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt041783
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06021397
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0190251
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1389673
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21186076
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RENT RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0145540
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0393163
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0538703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0168556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt03715200
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03543927
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ASC 740.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,658,147
Liabilities
$325,360
Net assets
$26,332,787
Revenue
$3,543,927
Expenses
$2,827,638
Net income
$716,289
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.2$0.42$25.7$3.49$4.27$0.78
2023Detailed filing. Detailed filing data is available for this year.$27.6$0.88$26.7$3.34$4.01$0.67
2022Detailed filing. Detailed filing data is available for this year.$28.3$0.64$27.6$3.13$2.60$0.52
2021Detailed filing. Detailed filing data is available for this year.$27.6$0.45$27.1$3.84$3.05$0.79
2020Detailed filing. Detailed filing data is available for this year.$26.7$0.33$26.3$3.54$2.83$0.72
2019Detailed filing. Detailed filing data is available for this year.$47.8$0.32$47.4$2.31$3.06$0.75
2018Detailed filing. Detailed filing data is available for this year.$49.7$0.16$49.5$2.29$2.56$0.27
2017Detailed filing. Detailed filing data is available for this year.$49.9$0.10$49.8$1.82$2.67$0.86
2016Detailed filing. Detailed filing data is available for this year.$50.5$0.35$50.1$1.23$2.53$1.30
2015Summary only. Only limited summary data is available for this year.$51.5$0.11$51.4$0.03$0.06$0.04