Civic Intelligence

Second and B Housing Development Fund Corporation

990EZ • Fiscal year 2023 • EIN 45-3972948

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 30, 2024

Organization ProfileN/A
228 E 3rd StreetNew York, NY 10009

(212) 473-5940

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

74th percentile

0.06x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

98th percentile

$102,950

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 140.9% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

97th percentile

587%

Faster revenue growth than 97% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2022

Net Assets

Up

-$4,251

Up $73,056 (+95%) from 2022

Liabilities

Down

$4,251

Down $73,056 (-95%) from 2022

Revenue And Expenses
Liabilities / Revenue74th percentileNet MarginScore unavailable

Revenue

Up

$73,056

Up $62,415 (+587%) from 2022

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0-$50K-$100KAssets 2018: -$46,291Liabilities 2018: $0Net Assets 2018: -$46,2912018Assets 2019: $0Liabilities 2019: $28,901Net Assets 2019: -$28,9012019Assets 2020: $56,829Net Assets 2020: $56,8292020Assets 2021: $0Liabilities 2021: $27,093Net Assets 2021: -$27,0932021Assets 2022: $0Liabilities 2022: $77,307Net Assets 2022: -$77,3072022Assets 2023: $0Liabilities 2023: $4,251Net Assets 2023: -$4,2512023Assets 2024: $0Liabilities 2024: $60,942Net Assets 2024: -$60,9422024

Highlighted filing

2023

Assets$0
Liabilities$4,251
Net Assets-$4,251
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2018: -$30,537Expenses 2018: $0Net Income 2018: -$30,5372018Revenue 2019: $17,3902019Revenue 2020: $85,7302020Revenue 2021: $226Expenses 2021: $84,148Net Income 2021: -$83,9222021Revenue 2022: $10,641Expenses 2022: $60,855Net Income 2022: -$50,2142022Revenue 2023: $73,0562023Revenue 2024: $52,738Expenses 2024: $109,429Net Income 2024: -$56,6912024

Highlighted filing

2023

Revenue$73,056
Expenses-
Net Income-
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 30, 2024
Return Version
2023v5.0
Gross Receipts
$73,056
Mission and Program Overview

Mission

Provision of low and moderate income housing

Program Services

DescriptionGrantsExpenses
PROVISION OF LOW AND MODERATE INCOME HOUSING--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RONA CLEMENTEExecutive Di-$95,898$7,052$102,950
HERMAN HEWITTPresident-$0--
VERONIQUE DOUMBEMember-$0--
MAHBUB HASSANTreasurer-$0--
BETTINA KINDERMANNSecretary-$0--
KIL J YIMember-$0--
THOMAS CHENMember-$0--
YING LIN CHENMember-$0--
LILLIAN NAZARIOMember-$0--
Filing and Contact Details

Filer

Filer Name
Second and B Housing Development
EIN
45-3972948
Address
228 E 3RD STREET, NEW YORK, NY 10009

Signing Officer

Name
Rona Clemente
Title
Executive Director
Signed
2024-10-30
Discuss with paid preparer
Yes

Preparer

Firm
A Gary Aaronson CPA Pllc
Address
42 WEST 38TH STREET SUITE 1003, NEW YORK, NY 10018-0060
Preparer
A Gary Aaronson
Phone
2126845770
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Income from partnership 28,004 total 28,004”

Form 990-ez, Part II, Line 26

“Investment in partnership 77,307 4,251”

Form 990-ez, Part IV

“Reportable compensation amount was earned with related organization”

Raw XML Appendix116 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0THE LOWER EAST SIDE PEOPLE MUTUAL
IRS990EZ/BooksInCareOfDetail/PhoneNum02124735940
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0228 E 3RD STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010009
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt073056
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt073056
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InvestmentIncomeAmt045052
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-77307
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-4251
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-77307
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-4251
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt895898
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt07052
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HERMAN HEWITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VERONIQUE DOUMBE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MAHBUB HASSAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BETTINA KINDERMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KIL J YI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5THOMAS CHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6YING LIN CHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LILLIAN NAZARIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8RONA CLEMENTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherRevenueTotalAmt028004
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVISION OF LOW AND MODERATE INCOME HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVISION OF LOW AND MODERATE INCOME HOUSING
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt077307
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04251
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalRevenueAmt073056
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME FROM PARTNERSHIP 28,004 TOTAL 28,004
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVESTMENT IN PARTNERSHIP 77,307 4,251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REPORTABLE COMPENSATION AMOUNT WAS EARNED WITH RELATED ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART IV
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONA CLEMENTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SECOND AND B HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0453972948
ReturnHeader/Filer/USAddress/AddressLine1Txt0228 E 3RD STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010009
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A GARY AARONSON CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt042 WEST 38TH STREET SUITE 1003
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100180060
ReturnHeader/PreparerPersonGrp/PhoneNum02126845770
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0A GARY AARONSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-11T15:39:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
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
$0
Liabilities
$4,251
Net assets
-$4,251
Revenue
$73,056
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.61$0.61$0.53$1.09$0.57
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.04$0.04$0.73
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.77$0.77$0.11$0.61$0.50
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.27$0.27$0.00$0.84$0.84
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.57$0.86
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.29$0.29$0.17
2018Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.31$0.00$0.31