Liabilities / Assets
29th percentile
Tied with the lowest-debt nonprofits in its peer group.
Beverly'S Place Housing Development Fund Corporation
990EZ • Fiscal year 2020 • EIN 47-4052817
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
27th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Balance Sheet
Assets
Up$80,000
Up $59,640 (+293%) from 2019
Net Assets
$80,000
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$80,000
Up $59,640 (+293%) from 2019
Expenses
Flat$0
Flat from 2019
Net Income
Up$80,000
Up $59,640 (+293%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- May 17, 2021
- Return Version
- 2019v5.2
- Gross Receipts
- $80,000
Mission and Program Overview
Mission
Beverly's place housing development fund corporation (the "corporation") was formed as a new york not for profit corporation to develop housing exclusively for persons of low income. The corporation has developed and is operating a site located at 402-422 snediker avenue, brooklyn, new york as 75 apartments and community space (the "facility"). All residents are low income individuals with incomes at or below 60% of ami ( "low income residents"), many of whom are formerly homeless. The corporation has entered into regulatory arrangements with the new york department of housing preservation and development which requires that the housing remain affordable to low income residents.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| BEVERLY'S PLACE HOUSING DEVELOPMENT FUND CORPORATION (THE "CORPORATION") WAS FORMED AS A NEW YORK NOT FOR PROFIT CORPORATION TO DEVELOP HOUSING EXCLUSIVELY FOR PERSONS OF LOW INCOME. THE CORPORATION HAS DEVELOPED AND IS OPERATING A SITE LOCATED AT 402-422 SNEDIKER AVENUE, BROOKLYN, NEW YORK AS 75 APARTMENTS AND COMMUNITY SPACE (THE "FACILITY"). ALL RESIDENTS ARE LOW INCOME INDIVIDUALS WITH INCOMES AT OR BELOW 60% OF AMI ( "LOW INCOME RESIDENTS"), MANY OF WHOM ARE FORMERLY HOMELESS. THE CORPORATION HAS ENTERED INTO REGULATORY ARRANGEMENTS WITH THE NEW YORK DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT WHICH REQUIRES THAT THE HOUSING REMAIN AFFORDABLE TO LOW INCOME RESIDENTS. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| EMORY BROOKS | President | - | $0 | - | - |
| LAWANDA A JACKSON ESQ | Vice-President | - | $0 | - | - |
| RUSSELL SHULER | Tresasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- BEVERLY'S PLACE HOUSING DEVELOPMENT FUND
- EIN
- 47-4052817
- Phone
- 7188020666
- Address
- 25 ELM PLACE, BROOKLYN, NY 11201
Signing Officer
- Name
- Emory Brooks
- Title
- President
- Phone
- 7188020666
- Signed
- 2021-05-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Marks Paneth Llp
- Address
- 685 THIRD AVENUE, NEW YORK, NY 10017
- Preparer
- Magdalena M Czerniawski
- Phone
- 2125038800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior year adjustment. Amount: -20,360.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: due from beverly lp. Beg. Of year amount: 20,360. End of year amount: 80,000.”
Raw XML Appendix114 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SIZE QIU |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7188020666 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 25 ELM PLACE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BROOKLYN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11201 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 80000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 80000 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 20360 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 80000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 80000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 20360 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 80000 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 20360 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 80000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | EMORY BROOKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LAWANDA A JACKSON ESQ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RUSSELL SHULER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TRESASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 20360 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 80000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -20360 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | BEVERLY'S PLACE HOUSING DEVELOPMENT FUND CORPORATION (THE "CORPORATION") WAS FORMED AS A NEW YORK NOT FOR PROFIT CORPORATION TO DEVELOP HOUSING EXCLUSIVELY FOR PERSONS OF LOW INCOME. THE CORPORATION HAS DEVELOPED AND IS OPERATING A SITE LOCATED AT 402-422 SNEDIKER AVENUE, BROOKLYN, NEW YORK AS 75 APARTMENTS AND COMMUNITY SPACE (THE "FACILITY"). ALL RESIDENTS ARE LOW INCOME INDIVIDUALS WITH INCOMES AT OR BELOW 60% OF AMI ( "LOW INCOME RESIDENTS"), MANY OF WHOM ARE FORMERLY HOMELESS. THE CORPORATION HAS ENTERED INTO REGULATORY ARRANGEMENTS WITH THE NEW YORK DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT WHICH REQUIRES THAT THE HOUSING REMAIN AFFORDABLE TO LOW INCOME RESIDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BEVERLY'S PLACE HOUSING DEVELOPMENT FUND CORPORATION (THE "CORPORATION") WAS FORMED AS A NEW YORK NOT FOR PROFIT CORPORATION TO DEVELOP HOUSING EXCLUSIVELY FOR PERSONS OF LOW INCOME. THE CORPORATION HAS DEVELOPED AND IS OPERATING A SITE LOCATED AT 402-422 SNEDIKER AVENUE, BROOKLYN, NEW YORK AS 75 APARTMENTS AND COMMUNITY SPACE (THE "FACILITY"). ALL RESIDENTS ARE LOW INCOME INDIVIDUALS WITH INCOMES AT OR BELOW 60% OF AMI ( "LOW INCOME RESIDENTS"), MANY OF WHOM ARE FORMERLY HOMELESS. THE CORPORATION HAS ENTERED INTO REGULATORY ARRANGEMENTS WITH THE NEW YORK DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT WHICH REQUIRES THAT THE HOUSING REMAIN AFFORDABLE TO LOW INCOME RESIDENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 80000 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: PRIOR YEAR ADJUSTMENT. AMOUNT: -20,360. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DUE FROM BEVERLY LP. BEG. OF YEAR AMOUNT: 20,360. END OF YEAR AMOUNT: 80,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | EMORY BROOKS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7188020666 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BEVERLY'S PLACE HOUSING DEVELOPMENT FUND |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BEVE |
| ReturnHeader/Filer/EIN | 0 | 474052817 |
| ReturnHeader/Filer/PhoneNum | 0 | 7188020666 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 25 ELM PLACE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BROOKLYN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11201 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113518842 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MARKS PANETH LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 685 THIRD AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10017 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2125038800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-05-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MAGDALENA M CZERNIAWSKI |
| ReturnHeader/ReturnTs | 0 | 2021-05-17T19:21:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $80,000
- Liabilities
- $0
- Net assets
- $80,000
- Revenue
- $80,000
- Expenses
- $0
- Net income
- $80,000