Civic Intelligence

Boston Tremont Housing Development Fund Corporation

990 • Fiscal year 2020 • EIN 47-4953714

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 20, 2021

902 Broadway 13th FloorNew York, NY 10010-6033

(212) 243-9090

Siviq Scores

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

Liabilities / Assets

82nd percentile

1.08x

Higher debt load relative to assets than 82% of similar nonprofits.

2020 filings • NTEE L • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

1.42x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • NTEE L • $10M-$25M nonprofits • Source year 2020

Net Margin

60th percentile

9.1%

Higher net margin than 60% of similar nonprofits.

2020 filings • NTEE L • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$958,473

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2020 filings • NTEE L • $10M-$25M nonprofits • Source year 2020

Asset Growth

27th percentile

-2.1%

Faster asset growth than 27% of similar nonprofits.

2020 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-3.4%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$18,909,780

Down $401,747 (-2.1%) from 2019

Net Assets

Up

-$1,560,237

Up $1,266,992 (+45%) from 2019

Liabilities

Down

$20,470,017

Down $1,668,739 (-7.5%) from 2019

Revenue

Down

$14,388,192

Down $514,089 (-3.4%) from 2019

Expenses

Up

$13,083,548

Up $2,280,845 (+21%) from 2019

Net Income

Down

$1,304,644

Down $2,794,934 (-68%) from 2019

Historical Trend

Balance Sheet Trend

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

$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

2020

Assets$18,909,780
Liabilities$20,470,017
Net Assets-$1,560,237

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$14,388,192
Expenses$13,083,548
Net Income$1,304,644
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 20, 2021
Return Version
2020v4.1
Gross Receipts
$14,388,192
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$8,263,387$11,692,316▲ $3,428,929
Savings and Temporary Cash Investments$7,025$1,428,115▲ $1,421,090
Cash and Non-Interest-Bearing Accounts$1,418,373$1,203,016▼ $215,357
Prepaid Expenses and Deferred Charges$848,943$827,770▼ $21,173
Accounts Receivable$5,718,251$373,676▼ $5,344,575
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$19,311,527$18,909,780▼ $401,747
Other Assets Total$3,055,548$3,384,887▲ $329,339
Liabilities
Other Liabilities$14,070,714$14,377,404▲ $306,690
Mortgage Notes Payable Secured by Investment Property$3,772,473$3,499,750▼ $272,723
Accounts Payable and Accrued Expenses$4,295,569$2,592,863▼ $1,702,706
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$22,138,756$20,470,017▼ $1,668,739
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-2,827,229$-1,560,237▲ $1,266,992
Total Net Assets Fund Balance$-2,827,229$-1,560,237▲ $1,266,992
Total Liabilities and Net Assets / Fund Balance$19,311,527$18,909,780▼ $401,747

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,752,953$53,467,684$64,220,637
Equipment$368,470$617,024$985,494
Land$570,893-$570,893
Other Assets Org$415,225--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Miriam RubintonVP - Area ManagerFT$171,707$64,632$236,339
Dean HallMaintenace supervisorFT$145,156$29,747$174,903
Efraim MoralesSuperintendentFT$102,512$4,776$107,288

Board Members and Trustees

NameTitle
Adam WeinsteinPresident/CEO
Matthew KellyVice President
Michael WadmanVice President
James Robert Pigott JrVice President and Secretary
Brian BrickerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,091,791
Investment Income
$6,934
Other Revenue
$289,467
Change in Net Assets
$1,304,644

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,388,192
Total Revenue per Audited Statements
$14,388,192
Total Revenue per Form 990
$14,388,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,979,409
Salaries, Compensation, and Employee Benefits$3,104,139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$5,063,348--$5,063,348
Other Salaries and Wages$2,241,516--$2,241,516
Depreciation Depletion$1,117,361--$1,117,361
Fees for Services Management-$949,470-$949,470
Insurance$583,307--$583,307
Other Employee Benefits$439,080--$439,080
Payroll Taxes$225,532--$225,532
Interest$225,200--$225,200
Pension Plan Contributions$198,011--$198,011
Fees for Services Legal-$111,428-$111,428
Office Expenses-$107,831-$107,831
Fees for Services Accounting-$96,520-$96,520
All Other Expenses$22,841$58,191-$81,032
Fees for Services Other-$78,751-$78,751
Information Technology-$52,308-$52,308
Other Expenses$24,851$72,810-$24,851
Travel-$4,545-$4,545
Advertising-$2,038-$2,038
Conferences and Meetings-$600-$600
Total Functional Expenses$11,549,056$1,534,492$0$13,083,548

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,083,548
Total Expenses per Audited Statements$13,083,548
Total Expenses per Form 990$13,083,548
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Phipps Houses$8,378,248
Debentures Payable to Phipps Houses$2,961,390
Reimbursement Payable$2,275,953
Security Deposits$303,376
Advances Payable$275,000
Prepaid Revenue$173,172
Interest Payable$10,265
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)(4) organization.

FORM 990, PART VI, SECTION A, LINE 7A:

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

FORM 990, PART VI, SECTION A, LINE 7B:

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

FORM 990, PART VI, SECTION B, LINE 11B:

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, LINES 15A AND 15B:

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 2017.

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, In 2020, the Phipps Houses Group had revenue in excess of $100 million and assets in excess of $1.5 billion.

Filing and Contact Details

Filer

Filer Name
Boston Tremont Housing Development Fund
EIN
47-4953714
In Care Of
% BRIAN BRICKER
Phone
2122439090
Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY 10010-6033

Signing Officer

Name
Brian Bricker
Title
Treasurer
Phone
2122439090
Signed
2021-12-20
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
52
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
100 PARK AVENUE, NEW YORK, NY 10017-5001
Preparer
Paul Hammerschmidt
Phone
2128858000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Postretirement benefit adjustment................$(37,652).

Financial Statement Notes

PART X, LINE 2:

Boston tremont housing development fund corporation has not taken an unsubstantiated tax position that would require provision of a liability under accounting standards codification ("asc") no. 740, "income taxes", and accounting standards update 2009-06, "implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities".

Raw XML AppendixShowing 400 of 2,240 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/BOYAmt04295569
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02592863
IRS990/AccountsReceivableGrp/BOYAmt05718251
IRS990/AccountsReceivableGrp/EOYAmt0373676
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES IN NEW YORK CITY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02038
IRS990/AdvertisingGrp/TotalAmt02038
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt058191
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022841
IRS990/AllOtherExpensesGrp/TotalAmt081032
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0BRIAN BRICKER
IRS990/BooksInCareOfDetail/PhoneNum02122439090
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0100106033
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01418373
IRS990/CashNonInterestBearingGrp/EOYAmt01203016
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0600
IRS990/ConferencesMeetingsGrp/TotalAmt0600
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06934
IRS990/CYOtherExpensesAmt09979409
IRS990/CYOtherRevenueAmt0289467
IRS990/CYProgramServiceRevenueAmt014091791
IRS990/CYRevenuesLessExpensesAmt01304644
IRS990/CYSalariesCompEmpBnftPaidAmt03104139
IRS990/CYTotalExpensesAmt013083548
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014388192
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01117361
IRS990/DepreciationDepletionGrp/TotalAmt01117361
IRS990/Desc0PROVIDING LOW AND MODERATE-INCOME HOUSING FOR FAMILIES IN NEW YORK CITY. THE REPORTING ORGANIZATION OWNS AND OPERATES THREE HOUSING PROJECTS KNOWN AS LAMBERT HOUSES NORTH, LAMBERT HOUSES SOUTH AND LAMBERT HOUSES EAST LOCATED IN THE BOROUGH OF THE BRONX IN NEW YORK CITY. THE PROJECT CONSISTS OF 687 DWELLING UNITS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt052
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt011549056
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt096520
IRS990/FeesForServicesAccountingGrp/TotalAmt096520
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0111428
IRS990/FeesForServicesLegalGrp/TotalAmt0111428
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0949470
IRS990/FeesForServicesManagementGrp/TotalAmt0949470
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt078751
IRS990/FeesForServicesOtherGrp/TotalAmt078751
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.0
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0102759
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt161696
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260907
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt356713
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt446622
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt536632
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt610397
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt74776
IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM WEINSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES ROBERT PIGOTT JR
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN BRICKER
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL WADMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5Miriam Rubinton
IRS990/Form990PartVIISectionAGrp/PersonNm6Dean Hall
IRS990/Form990PartVIISectionAGrp/PersonNm7Efraim Morales
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5199707
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6164506
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7102512
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0855714
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1313472
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2306671
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3284686
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4274825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP - Area Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt6Maintenace supervisor
IRS990/Form990PartVIISectionAGrp/TitleTxt7Superintendent
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014388192
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt052308
IRS990/InformationTechnologyGrp/TotalAmt052308
IRS990/InsuranceGrp/ProgramServicesAmt0583307
IRS990/InsuranceGrp/TotalAmt0583307
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0225200
IRS990/InterestGrp/TotalAmt0225200
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt06934
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06934
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt054084708
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08263387
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011692316
IRS990/LandBldgEquipCostOrOtherBssAmt065777024
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES IN NEW YORK CITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03772473
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03499750
IRS990/NetAssetsOrFundBalancesBOYAmt0-2827229
IRS990/NetAssetsOrFundBalancesEOYAmt0-1560237
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2827229
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1560237
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt05063348
IRS990/OccupancyGrp/TotalAmt05063348
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0107831
IRS990/OfficeExpensesGrp/TotalAmt0107831
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03055548
IRS990/OtherAssetsTotalGrp/EOYAmt03384887
IRS990/OtherChangesInNetAssetsAmt0-37652
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0439080
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0439080
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1VIOLATIONS AND FINES
IRS990/OtherExpensesGrp/Desc2SUPERS UNIT RENT FREE EXP.
IRS990/OtherExpensesGrp/Desc3AMORTIZATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt072810
IRS990/OtherExpensesGrp/ProgramServicesAmt01364246
IRS990/OtherExpensesGrp/ProgramServicesAmt143763
IRS990/OtherExpensesGrp/ProgramServicesAmt224851
IRS990/OtherExpensesGrp/TotalAmt01364246
IRS990/OtherExpensesGrp/TotalAmt172810
IRS990/OtherExpensesGrp/TotalAmt243763
IRS990/OtherExpensesGrp/TotalAmt324851
IRS990/OtherLiabilitiesGrp/BOYAmt014070714
IRS990/OtherLiabilitiesGrp/EOYAmt014377404
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0136500
IRS990/OtherRevenueMiscGrp/ExclusionAmt1152967
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0136500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1152967
IRS990/OtherRevenueTotalAmt0289467
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02241516
IRS990/OtherSalariesAndWagesGrp/TotalAmt02241516
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0225532
IRS990/PayrollTaxesGrp/TotalAmt0225532
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0198011
IRS990/PensionPlanContributionsGrp/TotalAmt0198011
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0848943
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0827770
IRS990/PrincipalOfficerNm0ADAM WEINSTEIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014014449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt177342
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014014449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177342
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053612
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt07892280
IRS990/PYOtherRevenueAmt0179561
IRS990/PYProgramServiceRevenueAmt014669108
IRS990/PYRevenuesLessExpensesAmt04099578
IRS990/PYSalariesCompEmpBnftPaidAmt02910423
IRS990/PYTotalExpensesAmt010802703
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014902281
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01304644
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt014091791
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07025
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01428115
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt010752953
IRS990ScheduleD/BuildingsGrp/DepreciationAmt053467684
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt064220637
IRS990ScheduleD/EquipmentGrp/BookValueAmt0368470
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0617024
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0985494
IRS990ScheduleD/ExpensesSubtotalAmt013083548
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0570893
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0570893
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02498577
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1471085
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2415225
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED COMMERCIAL INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08378248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12961390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22275953
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3275000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4303376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5173172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt610265
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO PHIPPS HOUSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEBENTURES PAYABLE TO PHIPPS HOUSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REIMBURSEMENT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ADVANCES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6INTEREST PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt014388192
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER ACCOUNTING STANDARDS CODIFICATION ("ASC") NO. 740, "INCOME TAXES", AND ACCOUNTING STANDARDS UPDATE 2009-06, "IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES".
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011692316
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03384887
IRS990ScheduleD/TotalExpensesPerForm990Amt013083548
IRS990ScheduleD/TotalLiabilityAmt014377404
IRS990ScheduleD/TotalRevenuePerForm990Amt014388192
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014388192
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013083548
IRS990ScheduleJ/AnyNonFixedPaymentsInd0true
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5171707
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt6145156
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings