Civic Intelligence

Project Rebuild Inc.

990 • Fiscal year 2020 • EIN 46-4340949

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWWW.NEIGHBORHOODRESTORE.ORG
150 Broadway Suite 2101New York, NY 10038

(212) 584-8981

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.06x

Higher debt load relative to assets than 23% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

41st percentile

0.31x

Higher debt load relative to revenue than 41% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$254,424

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

77th percentile

20%

Faster asset growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

216%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$54,952,598

Up $9,094,905 (+20%) from 2019

Net Assets

Up

$51,915,576

Up $8,432,274 (+19%) from 2019

Liabilities

Up

$3,037,022

Up $662,631 (+28%) from 2019

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin97th percentile

Revenue

Up

$9,888,362

Up $6,755,861 (+216%) from 2019

Expenses

Down

$1,456,088

Down $2,540,241 (-64%) from 2019

Net Income

Up

$8,432,274

Up $9,296,102 (+1076%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$60M$40M$20M$0-$20MAssets 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $194,073Net Assets 2015: -$194,0732015Assets 2016: $25,744,782Liabilities 2016: $12,373,693Net Assets 2016: $13,371,0892016Assets 2017: $37,796,903Liabilities 2017: $6,011,040Net Assets 2017: $31,785,8632017Assets 2018: $47,175,433Liabilities 2018: $2,828,303Net Assets 2018: $44,347,1302018Assets 2019: $45,857,693Liabilities 2019: $2,374,391Net Assets 2019: $43,483,3022019Assets 2020: $54,952,598Liabilities 2020: $3,037,022Net Assets 2020: $51,915,5762020Assets 2021: $7,122,605Liabilities 2021: $2,437,823Net Assets 2021: $4,684,7822021Assets 2022: $3,221,678Liabilities 2022: $2,775,826Net Assets 2022: $445,8522022Assets 2023: $30,671Liabilities 2023: $30,671Net Assets 2023: $02023Assets 2024: $25,844Liabilities 2024: $7,162Net Assets 2024: $18,6822024

Highlighted filing

2020

Assets$54,952,598
Liabilities$3,037,022
Net Assets$51,915,576
Open 2020 Filing

Operations Trend

Revenue Growth97th percentile

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

$20M$0-$20M-$40M-$60MExpenses 2015: $194,0732015Revenue 2016: $13,907,448Expenses 2016: $342,286Net Income 2016: $13,565,1622016Revenue 2017: $18,885,358Expenses 2017: $540,311Net Income 2017: $18,345,0472017Revenue 2018: $9,747,090Expenses 2018: $859,849Net Income 2018: $8,887,2412018Revenue 2019: $3,132,501Expenses 2019: $3,996,329Net Income 2019: -$863,8282019Revenue 2020: $9,888,362Expenses 2020: $1,456,088Net Income 2020: $8,432,2742020Revenue 2021: -$46,780,468Expenses 2021: $450,326Net Income 2021: -$47,230,7942021Revenue 2022: $0Expenses 2022: $3,753,763Net Income 2022: -$3,753,7632022Revenue 2023: $0Expenses 2023: $445,852Net Income 2023: -$445,8522023Revenue 2024: $18,707Expenses 2024: $25Net Income 2024: $18,6822024

Highlighted filing

2020

Revenue$9,888,362
Expenses$1,456,088
Net Income$8,432,274
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$9,888,362
Mission and Program Overview

Mission

The corporation is organized exclusively for the purpose of preserving 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 stabilization of communities throughout new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,353,933$3,448,516▲ $2,094,583
Pledges and Grants Receivable$1,517,656$1,591,980▲ $74,324
Total Assets$45,857,693$54,952,598▲ $9,094,905
Other Assets Total$42,986,104$49,912,102▲ $6,925,998
Liabilities
Other Liabilities$2,363,891$3,026,522▲ $662,631
Accounts Payable and Accrued Expenses$10,500$10,500→ $0
Total Liabilities$2,374,391$3,037,022▲ $662,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$43,076,989$50,300,471▲ $7,223,482
Net Assets With Donor Restrictions$406,313$1,615,105▲ $1,208,792
Total Net Assets Fund Balance$43,483,302$51,915,576▲ $8,432,274
Total Liabilities and Net Assets / Fund Balance$45,857,693$54,952,598▲ $9,094,905

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$49,912,102--
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleBaseOtherTotal
MR SALVATORE D'AVOLAAssistant Se$31,763$222,661$254,424
MR SALVATORE D'AVOLAAssistant Secretary$31,763$2,949$34,712

Board Members and Trustees

NameTitle
Mr Brian SegelPresident
Mr Jim BaekDirector
Ms Christie PealeDirector
Ms Jane SilvermanDirector
Ms Kimberly DargaDirector
Mr Richard PinnerAssistant Se
Ms Lydia TomSecretary
Ms Valerie WhiteTreasurer
Mr Nicholas LemboVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$9,888,362
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$8,432,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,888,362
Total Revenue per Audited Statements
$9,888,362
Total Revenue per Form 990
$9,888,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,100,864
Salaries, Compensation, and Employee Benefits$355,224
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$226,434$26,186-$252,620
Other Employee Benefits$40,694$8,683-$49,377
Other Expenses$1,032,323$38,519-$38,519
Current Officers, Directors, Trustees, and Key Employees$7,941$23,822-$31,763
Payroll Taxes$17,690$3,774-$21,464
Fees for Services Accounting-$10,500-$10,500
Insurance$8,109$1,730-$9,839
Advertising$4,803--$4,803
Travel$3,695--$3,695
Fees for Services Other-$775-$775
Fees for Services Legal-$400-$400
Office Expenses$8$2-$10
Total Functional Expenses$1,341,697$114,391$0$1,456,088

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,456,088
Total Expenses per Audited Statements$1,456,088
Total Expenses per Form 990$1,456,088
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
Loan Payable$2,000,000
Due to Nrhdfc/rhhdfc$760,962
Retainage Payable$265,560
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Copy of form 990 is provided to the board before filing.”

Form 990, Page 6, Part VI, Line 12C

“Yes, by following procedures outlined in the policy statement.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Project Rebuild Inc
EIN
46-4340949
Phone
2125848981
Address
150 BROADWAY SUITE 2101, NEW YORK, NY 10038

Signing Officer

Name
MR SALVATORE D'AVOLA
Title
Assistant Secretary
Phone
2125848981
Signed
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MR SALVATORE D'AVOLA
Formed
2014
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0

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 - ORGANIZATION'S MISSION

“The corporation is organized exclusively for the purpose of preserving 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 stabilization of communities throughout new york city.”

Raw XML AppendixShowing 400 of 442 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt010500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010500
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING 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 STABILIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY.
IRS990/AdvertisingGrp/ProgramServicesAmt04803
IRS990/AdvertisingGrp/TotalAmt04803
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ACCOUNTANT - PRI
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0PROJECT REBUILD INC
IRS990/BooksInCareOfDetail/PhoneNum02125848981
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 BROADWAY STE 2101
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0150 BROADWAY STE 2101
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010038
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01353933
IRS990/CashNonInterestBearingGrp/EOYAmt03448516
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt023822
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt07941
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt031763
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09888362
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01100864
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt08432274
IRS990/CYSalariesCompEmpBnftPaidAmt0355224
IRS990/CYTotalExpensesAmt01456088
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09888362
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING AND CREATING, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. DURING THE YEAR, THE ORGANIZATION CONTINUED TO MANTAIN THE PROPERTIES AND PLAN FOR THEIR FUTURE DISPOSITION IN ACCORDANCE WITH FEDERAL,STATE AND CITY REGULATIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0406313
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01615105
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01341697
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010500
IRS990/FeesForServicesAccountingGrp/TotalAmt010500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0400
IRS990/FeesForServicesLegalGrp/TotalAmt0400
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0775
IRS990/FeesForServicesOtherGrp/TotalAmt0775
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt821594
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MR BRIAN SEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm1MR NICHOLAS LEMBO
IRS990/Form990PartVIISectionAGrp/PersonNm2MS LYDIA TOM
IRS990/Form990PartVIISectionAGrp/PersonNm3MS VALERIE WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm4MS CHRISTIE PEALE
IRS990/Form990PartVIISectionAGrp/PersonNm5MR JIM BAEK
IRS990/Form990PartVIISectionAGrp/PersonNm6MS JANE SILVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MS KIMBERLY DARGA
IRS990/Form990PartVIISectionAGrp/PersonNm8MR SALVATORE D'AVOLA
IRS990/Form990PartVIISectionAGrp/PersonNm9MR RICHARD PINNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt831763
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8201067
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASSISTANT SE
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT SE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt09888362
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09888362
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01730
IRS990/InsuranceGrp/ProgramServicesAmt08109
IRS990/InsuranceGrp/TotalAmt09839
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING 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 STABILIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt043483302
IRS990/NetAssetsOrFundBalancesEOYAmt051915576
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt043076989
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt050300471
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02
IRS990/OfficeExpensesGrp/ProgramServicesAmt08
IRS990/OfficeExpensesGrp/TotalAmt010
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt042986104
IRS990/OtherAssetsTotalGrp/EOYAmt049912102
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08683
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040694
IRS990/OtherEmployeeBenefitsGrp/TotalAmt049377
IRS990/OtherExpensesGrp/Desc0LOSS ON PROPERTY SALES
IRS990/OtherExpensesGrp/Desc1OVERHEAD 10% DEMINIMUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt038519
IRS990/OtherExpensesGrp/ProgramServicesAmt01032323
IRS990/OtherExpensesGrp/TotalAmt01032323
IRS990/OtherExpensesGrp/TotalAmt138519
IRS990/OtherLiabilitiesGrp/BOYAmt02363891
IRS990/OtherLiabilitiesGrp/EOYAmt03026522
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026186
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0226434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0252620
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03774
IRS990/PayrollTaxesGrp/ProgramServicesAmt017690
IRS990/PayrollTaxesGrp/TotalAmt021464
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01517656
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01591980
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MR SALVATORE D'AVOLA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03132342
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0159
IRS990/PYOtherExpensesAmt03602662
IRS990/PYRevenuesLessExpensesAmt0-863828
IRS990/PYSalariesCompEmpBnftPaidAmt0393667
IRS990/PYTotalExpensesAmt03996329
IRS990/PYTotalRevenueAmt03132501
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt08432274
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt09888362
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0521231931
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1133030229
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ENTERPRISE COMMUNITY PARTNERS INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1LOCAL INITIATIVES SUPPORT CORPORATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0ENTERPRISE COMMUNITY PARTNERS INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt1LOCAL INITIATIVES SUPPORT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01456088
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt049912102
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROPERTY & DEVELOPMENT COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1760962
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2265560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO NRHDFC/RHHDFC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RETAINAGE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt09888362
IRS990ScheduleD/TotalBookValueOtherAssetsAmt049912102
IRS990ScheduleD/TotalExpensesPerForm990Amt01456088
IRS990ScheduleD/TotalLiabilityAmt03026522
IRS990ScheduleD/TotalRevenuePerForm990Amt09888362
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09888362
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01456088
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt031763
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0201067
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt02949
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt018645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MR SALVATORE D'AVOLA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0ASSISTANT SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt034712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0219712
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING 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 STABILIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 IS PROVIDED TO THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES, BY FOLLOWING PROCEDURES OUTLINED IN THE POLICY STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEIGHBORHOOD RESTORE HDFC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0113498485
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RE DEVELOP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0150 BROADWAY - SUITE 2101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010038
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0355224
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt140482
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NEIGHBORHOOD RESTORE HDFC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NEIGHBORHOOD RESTORE HDFC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt045857693
IRS990/TotalAssetsEOYAmt054952598
IRS990/TotalAssetsGrp/BOYAmt045857693
IRS990/TotalAssetsGrp/EOYAmt054952598
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt09888362
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0114391
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01341697
IRS990/TotalFunctionalExpensesGrp/TotalAmt01456088
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02374391
IRS990/TotalLiabilitiesEOYAmt03037022
IRS990/TotalLiabilitiesGrp/BOYAmt02374391
IRS990/TotalLiabilitiesGrp/EOYAmt03037022
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt043483302
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt051915576
IRS990/TotalOtherCompensationAmt021594
IRS990/TotalProgramServiceExpensesAmt01341697
IRS990/TotalReportableCompFromOrgAmt031763
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09888362
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045857693
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt054952598
IRS990/TotReportableCompRltdOrgAmt0201067
IRS990/TravelGrp/ProgramServicesAmt03695
IRS990/TravelGrp/TotalAmt03695

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
$54,952,598
Liabilities
$3,037,022
Net assets
$51,915,576
Revenue
$9,888,362
Expenses
$1,456,088
Net income
$8,432,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.00$0.45$0.45
2022Detailed filing. Detailed filing data is available for this year.$3.22$2.78$0.45$0.00$3.75$3.75
2021Detailed filing. Detailed filing data is available for this year.$7.12$2.44$4.68$46.8$0.45$47.2
2020Detailed filing. Detailed filing data is available for this year.$55.0$3.04$51.9$9.89$1.46$8.43
2019Detailed filing. Detailed filing data is available for this year.$45.9$2.37$43.5$3.13$4.00$0.86
2018Detailed filing. Detailed filing data is available for this year.$47.2$2.83$44.3$9.75$0.86$8.89
2017Detailed filing. Detailed filing data is available for this year.$37.8$6.01$31.8$18.9$0.54$18.3
2016Detailed filing. Detailed filing data is available for this year.$25.7$12.4$13.4$13.9$0.34$13.6
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.19$0.19$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00