Form 990-ez, Part I, Line 16
“Expenses office expenses 4,755 insurance 1,968 total 6,723”
Restoring Communities Housing Development Fund Corporation
990EZ • Fiscal year 2016 • EIN 45-4252738
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Flat$91,954
Flat from 2016
Net Assets
-$85,331
No earlier filing loaded for comparison.
Liabilities
Flat$177,285
Flat from 2016
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$64,062
Flat from 2016
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Aug 1, 2017
- Return Version
- 2016v3.0
Mission and Program Overview
Mission
The corporation is organized exclusively for the purpose of perserving and creating, on a non-profit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities, it seeks to prevent and eliminate blight and foster the stablization of communities throughout nyc.
The corporation is organized exclusively for the purpose of perserving and creating, on a non-profit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities, it seeks to prevent and eliminate blight and foster the stablization of communities throughout new york city.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PERSERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SALVATORE D'AVOLA | Assistant Se | - | $199,317 | $18,141 | $217,458 |
| HAROLD SHULTZ | President | - | $0 | - | - |
| MERILYN ROVIRA | Vice Preside | - | $0 | - | - |
| LYDIA TOM | Secretary | - | $0 | - | - |
| SAM MARKS | Treasurer | - | $0 | - | - |
| LISA TALMA | Director | - | $0 | - | - |
| RICHARD PINNER | Assistant Se | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Restoring Communities Housing
- EIN
- 45-4252738
- Phone
- 2125848981
- Address
- 150 BROADWAY SUITE 2101, NEW YORK, NY 10038
Signing Officer
- Name
- SALVATORE D'AVOLA
- Title
- Assistant Secretary
- Phone
- 2125848981
- Signed
- 2017-08-01
- Discuss with paid preparer
- Yes
Preparer
- Firm
- VARGAS & RIVERA CPA'S LLP
- Address
- 586 ROUTE 304, NEW CITY, NY 10956
- Preparer
- Theodore Vargas
- Phone
- 8456383113
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 26
“Due to neighborhood restore 115,673 177,285”
Form 990-ez, Part III
“The corporation is organized exclusively for the purpose of perserving and creating, on a non-profit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities, it seeks to prevent and eliminate blight and foster the stablization of communities throughout new york city.”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6723 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PERSERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. IN ADDITION TO PROMOTING AFFORDABLE HOUSING OPPORTUNITIES, IT SEEKS TO PREVENT AND ELIMINATE BLIGHT AND FOSTER THE STABLIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY. |
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| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 177285 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 64062 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NEIGHBORHOODRESTORE.ORG |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | ENTERPRISE COMMUNITY PARTNERS INC |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 1 | LOCAL INITIATIVES SUPPORT CORPORATION |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE EXPENSES 4,755 INSURANCE 1,968 TOTAL 6,723 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DUE TO NEIGHBORHOOD RESTORE 115,673 177,285 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PERSERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. IN ADDITION TO PROMOTING AFFORDABLE HOUSING OPPORTUNITIES, IT SEEKS TO PREVENT AND ELIMINATE BLIGHT AND FOSTER THE STABLIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ASSISTANT SECRETARY |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-08-01 |
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| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DEVELOPMENT FUND CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REST |
| ReturnHeader/Filer/EIN | 0 | 454252738 |
| ReturnHeader/Filer/PhoneNum | 0 | 2125848981 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 586 ROUTE 304 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10956 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8456383113 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-08-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THEODORE VARGAS |
| ReturnHeader/ReturnTs | 0 | 2017-08-02T15:31:48-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $91,954
- Liabilities
- $177,285
- Net assets
- -$85,331
- Revenue
- -
- Expenses
- $64,062
- Net income
- -