Civic Intelligence

Daly 180 Housing Development Fund Corporation

EIN 46-2496701 • 501(c)4 • New York, NY

Profile

Daly 180 housing development fund corporation was formed to own and operate an 84-unit residential building located in bronx, ny, for persons of low-income.

902 Broadway 13th FloorNew York, NY 10010-6033

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

1.29x

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

501(c)4 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

3.68x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Source year 2024

Net Margin

8th percentile

-32%

Higher net margin than 8% of similar nonprofits.

501(c)4 • $5M-$10M 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

15th percentile

-9.9%

Faster asset growth than 15% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

3.2%

Faster revenue growth than 39% of similar nonprofits.

501(c)4 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$5,334,398

Down $588,571 (-9.9%) from 2023

Liabilities

Up

$6,866,058

Up $7,628 (+0.1%) from 2023

Net Assets

Down

-$1,531,660

Down $596,199 (-64%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin8th percentile

Revenue

Up

$1,865,251

Up $57,189 (+3.2%) from 2023

Expenses

Up

$2,462,045

Up $343,234 (+16%) from 2023

Net Income

Down

-$596,794

Down $286,045 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$10M$5.0M$0-$5.0MAssets 2014: $8,483,829Liabilities 2014: $9,125,723Net Assets 2014: -$641,8942014Assets 2015: $7,397,544Liabilities 2015: $8,270,673Net Assets 2015: -$873,1292015Assets 2016: $7,000,983Liabilities 2016: $8,356,728Net Assets 2016: -$1,355,7452016Assets 2017: $6,580,256Liabilities 2017: $8,368,819Net Assets 2017: -$1,788,5632017Assets 2018: $6,363,959Liabilities 2018: $8,647,541Net Assets 2018: -$2,283,5822018Assets 2019: $5,994,579Liabilities 2019: $8,852,532Net Assets 2019: -$2,857,9532019Assets 2020: $6,611,808Liabilities 2020: $9,127,105Net Assets 2020: -$2,515,2972020Assets 2021: $6,589,431Liabilities 2021: $6,874,399Net Assets 2021: -$284,9682021Assets 2022: $6,067,612Liabilities 2022: $6,737,876Net Assets 2022: -$670,2642022Assets 2023: $5,922,969Liabilities 2023: $6,858,430Net Assets 2023: -$935,4612023Assets 2024: $5,334,398Liabilities 2024: $6,866,058Net Assets 2024: -$1,531,6602024

Highlighted filing

2024

Assets$5,334,398
Liabilities$6,866,058
Net Assets-$1,531,660
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,697,694Expenses 2014: $1,629,165Net Income 2014: $68,5292014Revenue 2015: $669,768Expenses 2015: $902,528Net Income 2015: -$232,7602015Revenue 2016: $1,236,372Expenses 2016: $1,720,163Net Income 2016: -$483,7912016Revenue 2017: $1,243,651Expenses 2017: $1,673,848Net Income 2017: -$430,1972017Revenue 2018: $1,205,516Expenses 2018: $1,694,626Net Income 2018: -$489,1102018Revenue 2019: $1,276,595Expenses 2019: $1,851,343Net Income 2019: -$574,7482019Revenue 2020: $2,169,232Expenses 2020: $1,822,194Net Income 2020: $347,0382020Revenue 2021: $4,208,429Expenses 2021: $1,975,487Net Income 2021: $2,232,9422021Revenue 2022: $1,642,965Expenses 2022: $2,028,135Net Income 2022: -$385,1702022Revenue 2023: $1,808,062Expenses 2023: $2,118,811Net Income 2023: -$310,7492023Revenue 2024: $1,865,251Expenses 2024: $2,462,045Net Income 2024: -$596,7942024

Highlighted filing

2024

Revenue$1,865,251
Expenses$2,462,045
Net Income-$596,794
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,334,398
Liabilities
$6,866,058
Net assets
-$1,531,660
Revenue
$1,865,251
Expenses
$2,462,045
Net income
-$596,794
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$6.87$1.53$1.87$2.46$0.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.92$6.86$0.94$1.81$2.12$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.07$6.74$0.67$1.64$2.03$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.59$6.87$0.28$4.21$1.98$2.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.61$9.13$2.52$2.17$1.82$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.99$8.85$2.86$1.28$1.85$0.57
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.36$8.65$2.28$1.21$1.69$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.58$8.37$1.79$1.24$1.67$0.43
2016Detailed filing. Detailed filing data is available for this year.$7.00$8.36$1.36$1.24$1.72$0.48
2015Summary only. Only limited summary data is available for this year.$7.40$8.27$0.87$0.67$0.90$0.23
2014Detailed filing. Detailed filing data is available for this year.$8.48$9.13$0.64$1.70$1.63$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$1,865,251
Mission and Program Overview

Mission

Daly 180 housing development fund corporation was formed to own and operate an 84-unit residential building located in bronx, ny, for persons of low-income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,526,147$3,829,800▼ $696,347
Cash and Non-Interest-Bearing Accounts$696,113$658,803▼ $37,310
Accounts Receivable$66,645$72,799▲ $6,154
Prepaid Expenses and Deferred Charges$39,798$38,557▼ $1,241
Pledges and Grants Receivable$4,200--
Total Assets$5,922,969$5,334,398▼ $588,571
Other Assets Total$590,066$734,439▲ $144,373
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,540,485$5,514,138▼ $26,347
Other Liabilities$1,048,806$1,090,538▲ $41,732
Accounts Payable and Accrued Expenses$242,220$235,430▼ $6,790
Deferred Revenue$26,919$25,952▼ $967
Total Liabilities$6,858,430$6,866,058▲ $7,628
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-935,461$-1,531,660▼ $596,199
Total Net Assets Fund Balance$-935,461$-1,531,660▼ $596,199
Total Liabilities and Net Assets / Fund Balance$5,922,969$5,334,398▼ $588,571

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,442,447$12,535,306$15,977,753
Other Land Buildings$207,350$173,271$380,621
Equipment$138,003$164,811$302,814
Land$42,000-$42,000
Other Assets Org$4,546--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Adam WeinsteinPresident/CEO
Matthew KellyVice President
Michael WadmanVice President
JAMES ROBERT PIGOTT JR'SVice President and Secreta
Bart MitchellDirector
Lukeman OgunyinkaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,833,374
Investment Income
$25,644
Other Revenue
$6,233
Change in Net Assets
$-596,794

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,865,251
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,865,251
Total Revenue per Form 990
$1,865,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,822,046
Grants and Similar Amounts Paid$421,378
Salaries, Compensation, and Employee Benefits$218,621
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$676,424--$676,424
Grants to Domestic Orgs$421,378--$421,378
Occupancy$237,302--$237,302
Other Salaries and Wages$184,271--$184,271
Fees for Services Other$154,338--$154,338
Fees for Services Management-$138,619-$138,619
Interest$128,568--$128,568
Office Expenses$92,010--$92,010
Insurance$51,684--$51,684
Other Expenses$50,308--$50,308
Fees for Services Accounting-$32,000-$32,000
Fees for Services Legal$29,771--$29,771
Payroll Taxes$21,997--$21,997
All Other Expenses$11,807--$11,807
Other Employee Benefits$9,458--$9,458
Pension Plan Contributions$2,895--$2,895
Total Functional Expenses$2,291,426$170,619$0$2,462,045

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,462,045
Total Expenses per Audited Statements$2,462,045
Total Expenses per Form 990$2,462,045
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Phipps HousesNew York, NY501(c)(4)Voluntary Repayment Out of Surplus Funds of Previously Forgiven Debt to Nonprofit Affiliated Sharing the Organizations Mission.$421,378
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Payable$1,025,851
Security Deposits Payable$64,687
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, Section A, Line 3

“The corporation has an agreement with phipps houses services, inc. ("phsi"), an affiliate of phipps, for the management of project operations. Management fees earned by phsi for the year ended june 30, 2024 amounted to $138,619.”

Form 990, Part VI, Section A, Line 6

“The sole member of the organization is phipps houses, a related 501(c)(4) organization.”

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

“As the sole member of the organization, phipps houses has the right to elect the members of the organization's board of directors.”

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

“Under new york state law, certain governance decisions require membership approval.”

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

“Certain members of the organization's governing body review the form 990 for accuracy of content and discuss as necessary.”

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

“Officers and directors must complete and certify annually a list of conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The organization does not compensate any officers or key employees.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

FORM 990, PART VII, SECTION A:

“The compensation of the president, vice presidents, secretary and treasurer reflects their contributions to not only daly 180 housing development fund corporation but to all of its affiliated entities. On a consolidated basis, the phipps houses group has annual revenue in excess of over $100 million and assets currently in excess of $2 billion.”

Filing and Contact Details

Filer

Filer Name
Daly 180 Housing Development Fund
EIN
46-2496701
Phone
2122439090
Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY 10010-6033

Signing Officer

Name
Lukeman Ogunyinka
Title
Treasurer
Phone
2122439090
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lukeman Ogunyinka
Formed
2013
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
1
Employees
4
Volunteers
1

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Postretirement benefit adjustment 595.”

Financial Statement Notes

PART X, LINE 2:

“Management has analyzed the tax positions taken by the corporation and has concluded that, as of june 30, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Income tax returns filed by the corporation are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2021 remain open.”

Raw XML AppendixShowing 400 of 1,720 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0242220
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0235430
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IRS990/AccountsReceivableGrp/EOYAmt072799
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DALY 180 HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED TO OWN AND OPERATE AN 84-UNIT RESIDENTIAL BUILDING LOCATED IN BRONX, NY, FOR PERSONS OF LOW-INCOME.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt011807
IRS990/AllOtherExpensesGrp/TotalAmt011807
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IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
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IRS990/BooksInCareOfDetail/PhoneNum02122439090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR NEW
IRS990/BooksInCareOfDetail/USAddress/CityNm0YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010010
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0696113
IRS990/CashNonInterestBearingGrp/EOYAmt0658803
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
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IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0421378
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IRS990/CYOtherExpensesAmt01822046
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IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0676424
IRS990/DepreciationDepletionGrp/TotalAmt0676424
IRS990/Desc0TO PROVIDE LOW INCOME HOUSING TO 84 FAMILIES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/FederalGrantAuditRequiredInd01
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IRS990/FeesForServicesAccountingGrp/TotalAmt032000
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IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM WEINSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1BART MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES ROBERT PIGOTT JR'S
IRS990/Form990PartVIISectionAGrp/PersonNm3LUKEMAN OGUNYINKA
IRS990/Form990PartVIISectionAGrp/PersonNm4MATTHEW KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL WADMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT AND SECRETA
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/FSAuditedInd01
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025644
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IRS990/MissionDesc0DALY 180 HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED TO OWN AND OPERATE AN 84-UNIT RESIDENTIAL BUILDING LOCATED IN BRONX, NY, FOR PERSONS OF LOW-INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0-1531660
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-935461
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1531660
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0237302
IRS990/OccupancyGrp/TotalAmt0237302
IRS990/OfficeExpensesGrp/ProgramServicesAmt092010
IRS990/OfficeExpensesGrp/TotalAmt092010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0590066
IRS990/OtherAssetsTotalGrp/EOYAmt0734439
IRS990/OtherChangesInNetAssetsAmt0595
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09458
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09458
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2MAINTENANCE SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0135912
IRS990/OtherExpensesGrp/ProgramServicesAmt183303
IRS990/OtherExpensesGrp/ProgramServicesAmt250308
IRS990/OtherExpensesGrp/TotalAmt0135912
IRS990/OtherExpensesGrp/TotalAmt183303
IRS990/OtherExpensesGrp/TotalAmt250308
IRS990/OtherLiabilitiesGrp/BOYAmt01048806
IRS990/OtherLiabilitiesGrp/EOYAmt01090538
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06000
IRS990/OtherRevenueTotalAmt06233
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0184271
IRS990/OtherSalariesAndWagesGrp/TotalAmt0184271
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt021997
IRS990/PayrollTaxesGrp/TotalAmt021997
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02895
IRS990/PensionPlanContributionsGrp/TotalAmt02895
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04200
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039798
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038557
IRS990/PrincipalOfficerNm0LUKEMAN OGUNYINKA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01832880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01832880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1494
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08144
IRS990/PYOtherExpensesAmt01787999
IRS990/PYOtherRevenueAmt039718
IRS990/PYProgramServiceRevenueAmt01760200
IRS990/PYRevenuesLessExpensesAmt0-310749
IRS990/PYSalariesCompEmpBnftPaidAmt0330812
IRS990/PYTotalExpensesAmt02118811
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01808062
IRS990/ReconcilationRevenueExpnssAmt0-596794
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01839607
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03442447
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012535306
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015977753
IRS990ScheduleD/EquipmentGrp/BookValueAmt0138003
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0164811
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0302814
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02462045
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt042000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt042000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0353421
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1195193
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt264687
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3115855
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4737
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt54546
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4MISCELLANEOUS ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DEFERRED COSTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0207350
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0173271
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0380621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01025851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt164687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01865251
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03829800
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0734439
IRS990ScheduleD/TotalExpensesPerForm990Amt02462045
IRS990ScheduleD/TotalLiabilityAmt01090538
IRS990ScheduleD/TotalRevenuePerForm990Amt01865251
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01865251
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02462045
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0421378
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(4)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0VOLUNTARY REPAYMENT OUT OF SURPLUS FUNDS OF PREVIOUSLY FORGIVEN DEBT TO NONPROFIT AFFILIATED SHARING THE ORGANIZATIONS MISSION.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PHIPPS HOUSES
IRS990ScheduleI/RecipientTable/RecipientEIN0111187480
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0100106033
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DALY 180 HOUSING DEVELOPMENT FUND CORPORATION MAKES CONTRIBUTIONS ONLY TO AFFILIATED NOT-FOR-PROFIT ENTITIES AND ONLY FOR THE PURPOSE OF PROMOTING AFFORDABLE HOUSING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0135000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt158000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt260000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt340000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt450000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0660637
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1269887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2267740
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3262790
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4224320
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0143252
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt156202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt256202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt356202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt456202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt123502
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt217051
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt31813
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt46602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt022500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt122500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt222500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ADAM WEINSTEIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMES ROBERT PIGOTT JR'S
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MATTHEW KELLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3MICHAEL WADMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4LUKEMAN OGUNYINKA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT AND SECRETA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30

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