Civic Intelligence

Boston Tremont Housing Development Fund

EIN 47-4953714 • 501(c)4 • New York, NY

Profile

To provide affordable housing to low and moderate income families in new york city.

257 Park Avenue South 12th FloorNew York, NY 10010

n/A

Siviq Scores

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

Liabilities / Assets

29th percentile

0.20x

Higher debt load relative to assets than 29% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.30x

Higher debt load relative to revenue than 20% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Net Margin

60th percentile

18%

Higher net margin than 60% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$1,043,975

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

NTEE L • $10M-$25M nonprofits • Source year 2024

Asset Growth

36th percentile

-0.3%

Faster asset growth than 36% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-5.8%

Faster revenue growth than 19% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets29th percentile

Assets

Down

$20,985,367

Down $54,163 (-0.3%) from 2023

Liabilities

Down

$4,288,135

Down $2,704,363 (-39%) from 2023

Net Assets

Up

$16,697,232

Up $2,650,200 (+19%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin60th percentile

Revenue

Down

$14,429,781

Down $884,208 (-5.8%) from 2023

Expenses

Down

$11,780,873

Down $983,166 (-7.7%) from 2023

Net Income

Up

$2,648,908

Up $98,958 (+3.9%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth36th percentile

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

$30M$20M$10M$0-$10M-$20MAssets 2015: $65,664Liabilities 2015: $69,6242015Assets 2016: $11,754,712Liabilities 2016: $22,667,140Net Assets 2016: -$10,912,4282016Assets 2017: $12,820,097Liabilities 2017: $21,283,484Net Assets 2017: -$8,463,3872017Assets 2018: $14,322,093Liabilities 2018: $21,251,692Net Assets 2018: -$6,929,5992018Assets 2019: $19,311,527Liabilities 2019: $22,138,756Net Assets 2019: -$2,827,2292019Assets 2020: $18,909,780Liabilities 2020: $20,470,017Net Assets 2020: -$1,560,2372020Assets 2021: $28,761,784Liabilities 2021: $18,510,442Net Assets 2021: $10,251,3422021Assets 2022: $19,612,383Liabilities 2022: $8,214,216Net Assets 2022: $11,398,1672022Assets 2023: $21,039,530Liabilities 2023: $6,992,498Net Assets 2023: $14,047,0322023Assets 2024: $20,985,367Liabilities 2024: $4,288,135Net Assets 2024: $16,697,2322024

Highlighted filing

2024

Assets$20,985,367
Liabilities$4,288,135
Net Assets$16,697,232
Open 2024 Filing

Operations Trend

Revenue Growth19th percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $103,564Expenses 2015: $107,524Net Income 2015: -$3,9602015Revenue 2016: $5,766,072Expenses 2016: $5,953,090Net Income 2016: -$187,0182016Revenue 2017: $13,573,142Expenses 2017: $11,109,245Net Income 2017: $2,463,8972017Revenue 2018: $12,447,127Expenses 2018: $10,879,846Net Income 2018: $1,567,2812018Revenue 2019: $14,902,281Expenses 2019: $10,802,703Net Income 2019: $4,099,5782019Revenue 2020: $14,388,192Expenses 2020: $13,083,548Net Income 2020: $1,304,6442020Revenue 2021: $24,917,100Expenses 2021: $13,088,553Net Income 2021: $11,828,5472021Revenue 2022: $15,029,377Expenses 2022: $13,881,733Net Income 2022: $1,147,6442022Revenue 2023: $15,313,989Expenses 2023: $12,764,039Net Income 2023: $2,549,9502023Revenue 2024: $14,429,781Expenses 2024: $11,780,873Net Income 2024: $2,648,9082024

Highlighted filing

2024

Revenue$14,429,781
Expenses$11,780,873
Net Income$2,648,908
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,985,367
Liabilities
$4,288,135
Net assets
$16,697,232
Revenue
$14,429,781
Expenses
$11,780,873
Net income
$2,648,908
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.0$4.29$16.7$14.4$11.8$2.65
2023Detailed filing. Detailed filing data is available for this year.$21.0$6.99$14.0$15.3$12.8$2.55
2022Detailed filing. Detailed filing data is available for this year.$19.6$8.21$11.4$15.0$13.9$1.15
2021Detailed filing. Detailed filing data is available for this year.$28.8$18.5$10.3$24.9$13.1$11.8
2020Detailed filing. Detailed filing data is available for this year.$18.9$20.5$1.56$14.4$13.1$1.30
2019Detailed filing. Detailed filing data is available for this year.$19.3$22.1$2.83$14.9$10.8$4.10
2018Detailed filing. Detailed filing data is available for this year.$14.3$21.3$6.93$12.4$10.9$1.57
2017Detailed filing. Detailed filing data is available for this year.$12.8$21.3$8.46$13.6$11.1$2.46
2016Detailed filing. Detailed filing data is available for this year.$11.8$22.7$10.9$5.77$5.95$0.19
2015Summary only. Only limited summary data is available for this year.$0.07$0.07$0.10$0.11$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$14,429,781
Mission and Program Overview

Mission

To provide affordable housing to low and moderate income families in new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,037,765$10,264,973▲ $227,208
Savings and Temporary Cash Investments$1,832,388$3,664,590▲ $1,832,202
Investments Program Related$1,000,000$1,000,000→ $0
Accounts Receivable$640,535$537,670▼ $102,865
Cash and Non-Interest-Bearing Accounts$2,885,428$516,536▼ $2,368,892
Prepaid Expenses and Deferred Charges$509,163$384,548▼ $124,615
Total Assets$21,039,530$20,985,367▼ $54,163
Other Assets Total$4,134,251$4,617,050▲ $482,799
Liabilities
Other Liabilities$4,369,594$0▼ $4,369,594
Accounts Payable and Accrued Expenses$2,169,205$3,740,762▲ $1,571,557
Escrow Account Liability$320,601$325,389▲ $4,788
Deferred Revenue$133,098$221,984▲ $88,886
Total Liabilities$6,992,498$4,288,135▼ $2,704,363
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,047,032$16,697,232▲ $2,650,200
Total Net Assets Fund Balance$14,047,032$16,697,232▲ $2,650,200
Total Liabilities and Net Assets / Fund Balance$21,039,530$20,985,367▼ $54,163

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,587,092$45,659,417$55,246,509
Equipment$186,988$960,566$1,147,554
Land$490,893-$490,893
Other Assets Org$83,761--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin HorneFacilities DirectorFT$119,857$921$120,778
Efrain MoralesMaintenace SupervisorFT$114,122$1,329$115,451

Board Members and Trustees

NameTitle
Adam WeinsteinPresident/CEO
Matthew KellyOutgoing Vice President
Michael WadmanVice President
James Robert Pigott JrVice President and Secreta
Lukeman OgunyinkaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Binder & Schwartz LLPLegal Services675 THIRD AVE 26TH FL, New York, NY 10017$280,658
CohnreznickAudit & Tax Services1301 AVENUE OF THE AMERICAS, New York, NY 10019$101,796
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,138,686
Investment Income
$234,097
Other Revenue
$56,998
Change in Net Assets
$2,648,908

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,429,781
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$14,429,781
Total Revenue per Form 990
$14,429,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,544,102
Salaries, Compensation, and Employee Benefits$3,236,771
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$2,633,810--$2,633,810
Other Salaries and Wages$2,344,794--$2,344,794
Depreciation Depletion$1,085,821--$1,085,821
Fees for Services Other$750,830$48,018-$798,848
Insurance$726,638--$726,638
Fees for Services Management-$718,057-$718,057
Fees for Services Legal-$491,777-$491,777
Other Employee Benefits$396,762--$396,762
Office Expenses-$387,645-$387,645
Pension Plan Contributions$254,145--$254,145
Payroll Taxes$241,070--$241,070
Fees for Services Accounting-$98,175-$98,175
Information Technology-$49,767-$49,767
Other Expenses$3,642--$3,642
Travel-$811-$811
All Other Expenses$36--$36
Total Functional Expenses$9,986,623$1,794,250$0$11,780,873

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,780,873
Total Expenses per Audited Statements$11,780,873
Total Expenses per Form 990$11,780,873
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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

“Boston tremont housing development fund (the reporting organization)has a contract with phipps houses services, inc. ("phsi") to provide property management services to the reporting organization, which includes billing and collecting rent, paying the entity's bills and maintaining the property.”

Form 990, Part VI, Section A, Line 6

“The sole member of the organization is phipps houses, a related 501(c)(3) 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

“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

“Every third year, outside consultants are hired to conduct a comparative compensation survey. Additionally, various salary studies and form 990's of comparable organizations are reviewed on an annual basis. After review of aforementioned and further deliberation, the compensation committee approves compensation for all officers and key employees. A comparative compensation survey was completed in 2021.”

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 boston tremont 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 of almost $2 billion.”

Filing and Contact Details

Filer

Filer Name
Boston Tremont Housing Development Fund
EIN
47-4953714
Phone
2122439090
Address
257 PARK AVENUE SOUTH 12TH FLOOR, NEW YORK, NY 10010

Signing Officer

Name
Lukeman Ogunyinka
Title
Treasurer
Phone
2122439090
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Weinstein
Formed
2015
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
51
Volunteers
0

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 1,292.”

Financial Statement Notes

PART IV, LINE 2B:

“The escrow liability amounts on form 990, part x, line 21 consist of tenant security deposits.”

PART X, LINE 2:

“Management has analyzed the tax positions taken by the corporation and has concluded that, as of december 31, 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 1,679 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
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IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES IN NEW YORK CITY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND SECRETA
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IRS990/Form990PartVIISectionAGrp/TitleTxt3OUTGOING VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5MAINTENACE SUPERVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6FACILITIES DIRECTOR
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt049767
IRS990/InformationTechnologyGrp/TotalAmt049767
IRS990/InsuranceGrp/ProgramServicesAmt0726638
IRS990/InsuranceGrp/TotalAmt0726638
IRS990/InvestmentIncomeGrp/ExclusionAmt0234097
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0234097
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01000000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01000000
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046619983
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010037765
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010264973
IRS990/LandBldgEquipCostOrOtherBssAmt056884956
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt02998
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02998
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES IN NEW YORK CITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014047032
IRS990/NetAssetsOrFundBalancesEOYAmt016697232
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014047032
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016697232
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02633810
IRS990/OccupancyGrp/TotalAmt02633810
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0387645
IRS990/OfficeExpensesGrp/TotalAmt0387645
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04134251
IRS990/OtherAssetsTotalGrp/EOYAmt04617050
IRS990/OtherChangesInNetAssetsAmt01292
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0396762
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0396762
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE SUPPLIES
IRS990/OtherExpensesGrp/Desc3SOCIAL SERVICE EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0848260
IRS990/OtherExpensesGrp/ProgramServicesAmt1424072
IRS990/OtherExpensesGrp/ProgramServicesAmt2276743
IRS990/OtherExpensesGrp/ProgramServicesAmt33642
IRS990/OtherExpensesGrp/TotalAmt0848260
IRS990/OtherExpensesGrp/TotalAmt1424072
IRS990/OtherExpensesGrp/TotalAmt2276743
IRS990/OtherExpensesGrp/TotalAmt33642
IRS990/OtherLiabilitiesGrp/BOYAmt04369594
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt054000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054000
IRS990/OtherRevenueTotalAmt056998
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02344794
IRS990/OtherSalariesAndWagesGrp/TotalAmt02344794
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0241070
IRS990/PayrollTaxesGrp/TotalAmt0241070
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0254145
IRS990/PensionPlanContributionsGrp/TotalAmt0254145
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0509163
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0384548
IRS990/PrincipalOfficerNm0ADAM WEINSTEIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014085965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152721
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014085965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152721
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0168508
IRS990/PYOtherExpensesAmt09268130
IRS990/PYOtherRevenueAmt0129405
IRS990/PYProgramServiceRevenueAmt015016076
IRS990/PYRevenuesLessExpensesAmt02549950
IRS990/PYSalariesCompEmpBnftPaidAmt03495909
IRS990/PYTotalExpensesAmt012764039
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015313989
IRS990/ReconcilationRevenueExpnssAmt02648908
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014195684
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01832388
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03664590
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09587092
IRS990ScheduleD/BuildingsGrp/DepreciationAmt045659417
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt055246509
IRS990ScheduleD/EquipmentGrp/BookValueAmt0186988
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0960566
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01147554
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011780873
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0490893
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0490893
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03649067
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1450568
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2835
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3107430
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4325389
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt583761
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED COMMERCIAL INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEFERRED FEES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DUE FROM AFFILIATES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt014429781
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 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 IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010264973
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04617050
IRS990ScheduleD/TotalExpensesPerForm990Amt011780873
IRS990ScheduleD/TotalRevenuePerForm990Amt014429781
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014429781
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011780873
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
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/BonusRelatedOrganizationsAmt0150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt159000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt242000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt360000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0713534
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1307981
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2279134
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3276041
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4241381
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/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt456202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt037189
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt131367
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt23235
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt39964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt413877
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt321200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ADAM WEINSTEIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMES ROBERT PIGOTT JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MICHAEL WADMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3LUKEMAN OGUNYINKA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4MATTHEW KELLY

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