Civic Intelligence

Fac Preservation Housing Development Fund Corporation

990 • Fiscal year 2023 • EIN 47-0919280

Jul 01, 2022 to Jun 30, 2023 • Filed on Jul 12, 2023

Organization ProfileNA
621 Degraw StreetBrooklyn, NY 11217

(718) 237-2017

Siviq Scores

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

Liabilities / Assets

89th percentile

1.56x

Higher debt load relative to assets than 89% of similar nonprofits.

2023 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

12.63x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2023

Net Margin

38th percentile

-33%

Higher net margin than 38% of similar nonprofits.

2023 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$243,845

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 57.1% of source-year revenue.

2023 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2023

Asset Growth

63rd percentile

-0.4%

Faster asset growth than 63% of similar nonprofits.

2023 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-10.0%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$3,448,424

Down $15,548 (-0.4%) from 2022

Net Assets

Down

-$1,940,771

Down $142,463 (-7.9%) from 2022

Liabilities

Up

$5,389,195

Up $126,915 (+2.4%) from 2022

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin38th percentile

Revenue

Down

$426,785

Down $47,234 (-10.0%) from 2022

Expenses

Up

$569,248

Up $429 (+0.1%) from 2022

Net Income

Down

-$142,463

Down $47,663 (-50%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,230,445Liabilities 2011: $5,245,428Net Assets 2011: -$14,9832011Assets 2012: $5,099,006Liabilities 2012: $5,260,400Net Assets 2012: -$161,3942012Assets 2013: $4,934,646Liabilities 2013: $5,230,840Net Assets 2013: -$296,1942013Assets 2014: $4,762,515Liabilities 2014: $5,153,608Net Assets 2014: -$391,0932014Assets 2015: $4,578,397Liabilities 2015: $5,425,482Net Assets 2015: -$847,0852015Assets 2016: $4,467,146Liabilities 2016: $5,430,538Net Assets 2016: -$963,3922016Assets 2017: $4,313,358Liabilities 2017: $5,373,966Net Assets 2017: -$1,060,6082017Assets 2018: $4,182,787Liabilities 2018: $5,354,847Net Assets 2018: -$1,172,0602018Assets 2019: $4,060,904Liabilities 2019: $5,331,086Net Assets 2019: -$1,270,1822019Assets 2020: $3,833,496Liabilities 2020: $5,302,529Net Assets 2020: -$1,469,0332020Assets 2021: $3,616,045Liabilities 2021: $5,319,553Net Assets 2021: -$1,703,5082021Assets 2022: $3,463,972Liabilities 2022: $5,262,280Net Assets 2022: -$1,798,3082022Assets 2023: $3,448,424Liabilities 2023: $5,389,195Net Assets 2023: -$1,940,7712023Assets 2024: $3,727,067Liabilities 2024: $5,705,151Net Assets 2024: -$1,978,0842024

Highlighted filing

2023

Assets$3,448,424
Liabilities$5,389,195
Net Assets-$1,940,771
Open 2023 Filing

Operations Trend

Revenue Growth23rd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $263,596Expenses 2011: $492,753Net Income 2011: -$229,1572011Revenue 2012: $373,995Expenses 2012: $520,406Net Income 2012: -$146,4112012Revenue 2013: $350,486Expenses 2013: $485,286Net Income 2013: -$134,8002013Revenue 2014: $381,050Expenses 2014: $475,949Net Income 2014: -$94,8992014Revenue 2015: $390,349Expenses 2015: $546,341Net Income 2015: -$155,9922015Revenue 2016: $400,877Expenses 2016: $517,184Net Income 2016: -$116,3072016Revenue 2017: $409,239Expenses 2017: $506,455Net Income 2017: -$97,2162017Revenue 2018: $412,371Expenses 2018: $523,823Net Income 2018: -$111,4522018Revenue 2019: $427,562Expenses 2019: $525,684Net Income 2019: -$98,1222019Revenue 2020: $416,090Expenses 2020: $614,941Net Income 2020: -$198,8512020Revenue 2021: $384,835Expenses 2021: $619,310Net Income 2021: -$234,4752021Revenue 2022: $474,019Expenses 2022: $568,819Net Income 2022: -$94,8002022Revenue 2023: $426,785Expenses 2023: $569,248Net Income 2023: -$142,4632023Revenue 2024: $570,691Expenses 2024: $608,004Net Income 2024: -$37,3132024

Highlighted filing

2023

Revenue$426,785
Expenses$569,248
Net Income-$142,463
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jul 12, 2023
Return Version
2022v5.0
Gross Receipts
$426,785
Mission and Program Overview

Mission

The mission of the organization is to own and operate five apartment buildings to qualified low income individuals in the brooklyn, new york area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,267,744$3,157,275▼ $110,469
Cash and Non-Interest-Bearing Accounts$14,311$86,811▲ $72,500
Accounts Receivable$36,254$28,808▼ $7,446
Intangible Assets$4,766$23,204▲ $18,438
Prepaid Expenses and Deferred Charges$4,380$4,988▲ $608
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$3,463,972$3,448,424▼ $15,548
Other Assets Total$136,517$147,338▲ $10,821
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,180,095$5,145,019▼ $35,076
Accounts Payable and Accrued Expenses$42,765$155,920▲ $113,155
Deferred Revenue$2,205$53,126▲ $50,921
Other Liabilities$37,215$35,130▼ $2,085
Total Liabilities$5,262,280$5,389,195▲ $126,915
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,798,308$-1,940,771▼ $142,463
Total Net Assets Fund Balance$-1,798,308$-1,940,771▼ $142,463
Total Liabilities and Net Assets / Fund Balance$3,463,972$3,448,424▼ $15,548

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,700,712$2,636,124$5,336,836
Land$456,563-$456,563
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Dany CunninghamPresident
Michelle De La UzSecretary
Jay MarcusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,000
Program Service Revenue
$372,712
Investment Income
$119
Other Revenue
$5,954
All Other Contributions
$48,000
Change in Net Assets
$-142,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$569,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$198,311--$198,311
Interest$89,838--$89,838
Payments to Affiliates$36,524$39,059-$75,583
Insurance-$39,296-$39,296
All Other Expenses$6,198$8,022-$14,220
Other Expenses$10,014--$10,014
Fees for Services Legal-$9,639-$9,639
Fees for Services Accounting-$7,500-$7,500
Office Expenses-$2,234-$2,234
Information Technology-$713-$713
Total Functional Expenses$462,785$106,463$0$569,248
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Payable$35,130
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

“Bookkeeping, accounting, management reporting, coordinate efforts with the outside auditor, maintain the common elements of the property, manage tenant issues and other projects on an as needed basis.”

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

“Major decisions are discussed and voted upon by board members. At times, the board members seek the opinions of the management company, lawyers, outside auditor and others in the decision making process.”

Form 990, Part VI, Section A, Line 8B

“The organization has not established formal sub committees.”

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

“Outside auditor prepares a draft set of tax returns to be reviewed by the management company. Corrections and edits are discussed and made, if necessary. An officer of the organization reviews the tax returns as well. The outside auditor prepares a final set of tax returns for signature. The management company mails out the signed tax returns to the appropriate government agency.”

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

“The organization has adopted the conflict of interest policy as used by the sponsor/manager of the organization which is a 501(c)(3). The director of finance & it of the management company is responsible for financial relationships between the organization and other entities. If a potential conflict of interest issue arises, the director of finance & it for fac addresses this matter with the director of property management for resolution. At times, the management company consults with the outside auditor about potential conflicts.”

Form 990, Part VI, Section C, Line 19

“Upon request, the organization provides copies of its governing documents, policies and audited financial statements.”

Filing and Contact Details

Filer

Filer Name
Fac Preservation Housing Development
EIN
47-0919280
Phone
7182372017
Address
621 DEGRAW STREET, BROOKLYN, NY 11217

Signing Officer

Name
Michelle De La Uz
Title
Secretary
Phone
9142353600
Signed
2023-07-12
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Rob Goldman CPA Mba Pllc
Address
82 Howard Avenue, Eastchester, NY 10709
Preparer
Rob Goldman CPA Mba
Phone
9142353600
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt02700712
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02636124
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05336836
IRS990ScheduleD/LandGrp/BookValueAmt0456563
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0456563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03157275
IRS990ScheduleD/TotalLiabilityAmt035130
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1233154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06689
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt110647
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAY MARCUS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHELLE DE LA UZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0168989
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1243845
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKKEEPING, ACCOUNTING, MANAGEMENT REPORTING, COORDINATE EFFORTS WITH THE OUTSIDE AUDITOR, MAINTAIN THE COMMON ELEMENTS OF THE PROPERTY, MANAGE TENANT ISSUES AND OTHER PROJECTS ON AN AS NEEDED BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MAJOR DECISIONS ARE DISCUSSED AND VOTED UPON BY BOARD MEMBERS. AT TIMES, THE BOARD MEMBERS SEEK THE OPINIONS OF THE MANAGEMENT COMPANY, LAWYERS, OUTSIDE AUDITOR AND OTHERS IN THE DECISION MAKING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NOT ESTABLISHED FORMAL SUB COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTSIDE AUDITOR PREPARES A DRAFT SET OF TAX RETURNS TO BE REVIEWED BY THE MANAGEMENT COMPANY. CORRECTIONS AND EDITS ARE DISCUSSED AND MADE, IF NECESSARY. AN OFFICER OF THE ORGANIZATION REVIEWS THE TAX RETURNS AS WELL. THE OUTSIDE AUDITOR PREPARES A FINAL SET OF TAX RETURNS FOR SIGNATURE. THE MANAGEMENT COMPANY MAILS OUT THE SIGNED TAX RETURNS TO THE APPROPRIATE GOVERNMENT AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS ADOPTED THE CONFLICT OF INTEREST POLICY AS USED BY THE SPONSOR/MANAGER OF THE ORGANIZATION WHICH IS A 501(C)(3). THE DIRECTOR OF FINANCE & IT OF THE MANAGEMENT COMPANY IS RESPONSIBLE FOR FINANCIAL RELATIONSHIPS BETWEEN THE ORGANIZATION AND OTHER ENTITIES. IF A POTENTIAL CONFLICT OF INTEREST ISSUE ARISES, THE DIRECTOR OF FINANCE & IT FOR FAC ADDRESSES THIS MATTER WITH THE DIRECTOR OF PROPERTY MANAGEMENT FOR RESOLUTION. AT TIMES, THE MANAGEMENT COMPANY CONSULTS WITH THE OUTSIDE AUDITOR ABOUT POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST, THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, POLICIES AND AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112475743
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ADVANCE ECONOMIC, SOCIAL, RACIAL JUSTICE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BROOKLYN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011217
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt075583
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FIFTH AVENUE COMMITTEE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03463972
IRS990/TotalAssetsEOYAmt03448424
IRS990/TotalAssetsGrp/BOYAmt03463972
IRS990/TotalAssetsGrp/EOYAmt03448424
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt048000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106463
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0462785
IRS990/TotalFunctionalExpensesGrp/TotalAmt0569248
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05262280
IRS990/TotalLiabilitiesEOYAmt05389195
IRS990/TotalLiabilitiesGrp/BOYAmt05262280
IRS990/TotalLiabilitiesGrp/EOYAmt05389195
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1798308
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1940771
IRS990/TotalOtherCompensationAmt045792
IRS990/TotalProgramServiceExpensesAmt0462785
IRS990/TotalProgramServiceRevenueAmt0372712
IRS990/TotalRevenueGrp/ExclusionAmt0119
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0378666
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426785
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03463972
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03448424
IRS990/TotReportableCompRltdOrgAmt0367042
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0621 DEGRAW STREET
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011217
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE DE LA UZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum09142353600
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAC PRESERVATION HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FACP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,448,424
Liabilities
$5,389,195
Net assets
-$1,940,771
Revenue
$426,785
Expenses
$569,248
Net income
-$142,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$5.71$1.98$0.57$0.61$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.45$5.39$1.94$0.43$0.57$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$5.26$1.80$0.47$0.57$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$5.32$1.70$0.38$0.62$0.23
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$5.30$1.47$0.42$0.61$0.20
2019Summary only. Only limited summary data is available for this year.$4.06$5.33$1.27$0.43$0.53$0.10
2018Summary only. Only limited summary data is available for this year.$4.18$5.35$1.17$0.41$0.52$0.11
2017Summary only. Only limited summary data is available for this year.$4.31$5.37$1.06$0.41$0.51$0.10
2016Summary only. Only limited summary data is available for this year.$4.47$5.43$0.96$0.40$0.52$0.12
2015Summary only. Only limited summary data is available for this year.$4.58$5.43$0.85$0.39$0.55$0.16
2014Summary only. Only limited summary data is available for this year.$4.76$5.15$0.39$0.38$0.48$0.09
2013Summary only. Only limited summary data is available for this year.$4.93$5.23$0.30$0.35$0.49$0.13
2012Summary only. Only limited summary data is available for this year.$5.10$5.26$0.16$0.37$0.52$0.15
2011Summary only. Only limited summary data is available for this year.$5.23$5.25$0.01$0.26$0.49$0.23