Civic Intelligence

Federation Gulfstream Housing Inc

990 • Fiscal year 2016 • EIN 59-2541344

Sep 01, 2015 to Aug 31, 2016 • Filed on Dec 20, 2016

Organization ProfileN/A
21000 Coleman BlvdBoca Raton, FL 33428

(561) 852-6029

Siviq Scores

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

Liabilities / Assets

94th percentile

1.15x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

5.35x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

25th percentile

-6.1%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$270,086

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 23.5% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

22nd percentile

-4.0%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

42nd percentile

0.3%

Faster revenue growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$5,334,872

Down $224,739 (-4.0%) from 2015

Net Assets

Down

-$821,418

Down $69,665 (-9.3%) from 2015

Liabilities

Down

$6,156,290

Down $155,074 (-2.5%) from 2015

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin25th percentile

Revenue

Up

$1,150,920

Up $3,799 (+0.3%) from 2015

Expenses

Up

$1,220,585

Up $492 (+0.0%) from 2015

Net Income

Up

-$69,665

Up $3,307 (+4.5%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $3,224,704Liabilities 2011: $3,747,728Net Assets 2011: -$523,0242011Assets 2012: $6,301,412Liabilities 2012: $6,692,208Net Assets 2012: -$390,7962012Assets 2013: $6,077,981Liabilities 2013: $6,566,432Net Assets 2013: -$488,4512013Assets 2014: $5,775,032Liabilities 2014: $6,453,813Net Assets 2014: -$678,7812014Assets 2015: $5,559,611Liabilities 2015: $6,311,364Net Assets 2015: -$751,7532015Assets 2016: $5,334,872Liabilities 2016: $6,156,290Net Assets 2016: -$821,4182016Assets 2017: $5,226,058Liabilities 2017: $6,021,616Net Assets 2017: -$795,5582017Assets 2018: $4,968,075Liabilities 2018: $5,866,906Net Assets 2018: -$898,8312018Assets 2019: $4,730,354Liabilities 2019: $5,704,406Net Assets 2019: -$974,0522019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2016

Assets$5,334,872
Liabilities$6,156,290
Net Assets-$821,418
Open 2016 Filing

Operations Trend

Revenue Growth42nd percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $1,082,442Expenses 2011: $1,064,549Net Income 2011: $17,8932011Revenue 2012: $1,098,165Expenses 2012: $965,937Net Income 2012: $132,2282012Revenue 2013: $1,110,969Expenses 2013: $1,208,624Net Income 2013: -$97,6552013Revenue 2014: $1,122,925Expenses 2014: $1,313,255Net Income 2014: -$190,3302014Revenue 2015: $1,147,121Expenses 2015: $1,220,093Net Income 2015: -$72,9722015Revenue 2016: $1,150,920Expenses 2016: $1,220,585Net Income 2016: -$69,6652016Revenue 2017: $1,170,408Expenses 2017: $1,144,548Net Income 2017: $25,8602017Revenue 2018: $1,186,908Expenses 2018: $1,290,181Net Income 2018: -$103,2732018Revenue 2019: $1,203,209Expenses 2019: $1,278,430Net Income 2019: -$75,2212019Revenue 2020: $28,667,255Expenses 2020: $27,693,203Net Income 2020: $974,0522020

Highlighted filing

2016

Revenue$1,150,920
Expenses$1,220,585
Net Income-$69,665
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Dec 20, 2016
Return Version
2015v2.1
Gross Receipts
$1,150,920
Mission and Program Overview

Mission

To provide rental housing for the elderly, including facilities and services designed to meet the physical, social, and psychological needs of the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,758,273$4,504,180▼ $254,093
Prepaid Expenses and Deferred Charges$57,059$47,894▼ $9,165
Cash and Non-Interest-Bearing Accounts$52,619$12,812▼ $39,807
Total Assets$5,559,611$5,334,872▼ $224,739
Other Assets Total$691,660$769,986▲ $78,326
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,231,961$6,091,340▼ $140,621
Other Liabilities$46,300$46,193▼ $107
Accounts Payable and Accrued Expenses$33,103$18,757▼ $14,346
Total Liabilities$6,311,364$6,156,290▼ $155,074
Net Assets / Fund Balance
Unrestricted Net Assets$-751,753$-821,418▼ $69,665
Total Net Assets Fund Balance$-751,753$-821,418▼ $69,665
Total Liabilities and Net Assets / Fund Balance$5,559,611$5,334,872▼ $224,739

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,579,753$3,001,851$4,581,604
Other Land Buildings$2,451,002$1,409,356$3,860,358
Land$463,000-$463,000
Equipment$10,425$76,514$86,939
Other Assets Org$78,352--
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
Wesley FinchPresident
Barry PodolskyVice President
David GalpernDirector
Matthew C LevinDirector
Stewart KasenSecretary/director
Mel LowellTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,150,254
Investment Income
$666
Other Revenue
$0
Change in Net Assets
$-69,665

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,150,920
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,150,920
Total Revenue per Form 990
$1,150,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,035,150
Salaries, Compensation, and Employee Benefits$185,435
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$347,894--$347,894
Interest$259,795--$259,795
Other Salaries and Wages$153,230--$153,230
Insurance$74,669--$74,669
Occupancy$71,112--$71,112
Fees for Services Management$52,184--$52,184
Other Employee Benefits$21,255--$21,255
Office Expenses$20,668--$20,668
Other Expenses$14,163--$14,163
Payroll Taxes$10,950--$10,950
Fees for Services Accounting-$6,700-$6,700
All Other Expenses$307--$307
Total Functional Expenses$1,213,885$6,700$0$1,220,585

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,220,585
Total Expenses per Audited Statements$1,220,585
Total Expenses per Form 990$1,220,585
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$24,772
Accrued Interest Payable$21,421
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management services are provided by sharkey & associates, inc.”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed by mel lowell, the treasurer and a director, and john sharkey before it is filed.”

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

“The management agent notifies the board of any board member that has an ownership interest in a company bidding for work on the project. The board would review the matter and ensure such work is obtained at or below fair market value.”

Form 990, Part VI, Section B, Line 15

“The contract with the management company is reviewed and renewed by the board and approved by hud.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Form 990, Part VII

“Wesley finch - 3625 carlton pl, boca raton, fl 33496. Mel lowell - 6609 nw 128th way, parkland, fl 33076. Barry podolsky - 3951 nw 58th pl, boca raton, fl 33496. David galpern - 5364 ascot bend, boca raton, fl 33496. Matthew c. Levin - 661 nw 73rd terrace, plantation, fl 33317. Stewart kasen - 7101 dubonnet drive, boca raton, fl 33433.”

Filing and Contact Details

Filer

Filer Name
Federation Gulfstream Housing Inc
EIN
59-2541344
Phone
5618526029
Address
21000 COLEMAN BLVD, BOCA RATON, FL 33428

Signing Officer

Name
Mel Lowell
Title
Treasurer
Phone
5618526029
Signed
2016-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mel Lowell
Formed
1985
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
3

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Christine Carter
Phone
8506500125
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The corporation has adopted accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes). It requires that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation had no impact on the corporation's statement of financial position or statement of activities. The corporation does not believe its financial statements include any uncertain tax positions and that no income taxes are due for its activities. Therefore, no provision for income taxes is included in the financial statements.”

Raw XML AppendixShowing 400 of 511 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.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0845
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0880
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0751
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03942
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01150254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01135276
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01122125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01110089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01097414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05615158
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0666
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0845
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0751
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03942
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt05615158
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01150254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01135276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01122125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01110089
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01097414
IRS990ScheduleA/Total509Grp/TotalAmt05615158
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01150920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01136121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01122925
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01110969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01098165
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05619100
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01579753
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03001851
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04581604
IRS990ScheduleD/EquipmentGrp/BookValueAmt010425
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076514
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086939
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01220585
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0463000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0463000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025957
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1665677
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt278352
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02451002
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01409356
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03860358
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024772
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01150920
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04504180
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0769986
IRS990ScheduleD/TotalExpensesPerForm990Amt01220585
IRS990ScheduleD/TotalLiabilityAmt046193
IRS990ScheduleD/TotalRevenuePerForm990Amt01150920
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01150920
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01220585
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt020000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt130000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0129400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1201754
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028871
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt116371
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt022168
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt121961
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MEL LOWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MATTHEW C LEVIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0200439
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1270086
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT SERVICES ARE PROVIDED BY SHARKEY & ASSOCIATES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY MEL LOWELL, THE TREASURER AND A DIRECTOR, AND JOHN SHARKEY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MANAGEMENT AGENT NOTIFIES THE BOARD OF ANY BOARD MEMBER THAT HAS AN OWNERSHIP INTEREST IN A COMPANY BIDDING FOR WORK ON THE PROJECT. THE BOARD WOULD REVIEW THE MATTER AND ENSURE SUCH WORK IS OBTAINED AT OR BELOW FAIR MARKET VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONTRACT WITH THE MANAGEMENT COMPANY IS REVIEWED AND RENEWED BY THE BOARD AND APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WESLEY FINCH - 3625 CARLTON PL, BOCA RATON, FL 33496. MEL LOWELL - 6609 NW 128TH WAY, PARKLAND, FL 33076. BARRY PODOLSKY - 3951 NW 58TH PL, BOCA RATON, FL 33496. DAVID GALPERN - 5364 ASCOT BEND, BOCA RATON, FL 33496. MATTHEW C. LEVIN - 661 NW 73RD TERRACE, PLANTATION, FL 33317. STEWART KASEN - 7101 DUBONNET DRIVE, BOCA RATON, FL 33433.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SPBC FEDERATION HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0591945109
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1650638737
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,334,872
Liabilities
$6,156,290
Net assets
-$821,418
Revenue
$1,150,920
Expenses
$1,220,585
Net income
-$69,665
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$28.7$27.7$0.97
2019Detailed filing. Detailed filing data is available for this year.$4.73$5.70$0.97$1.20$1.28$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.97$5.87$0.90$1.19$1.29$0.10
2017Detailed filing. Detailed filing data is available for this year.$5.23$6.02$0.80$1.17$1.14$0.03
2016Detailed filing. Detailed filing data is available for this year.$5.33$6.16$0.82$1.15$1.22$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.56$6.31$0.75$1.15$1.22$0.07
2014Detailed filing. Detailed filing data is available for this year.$5.78$6.45$0.68$1.12$1.31$0.19
2013Summary only. Only limited summary data is available for this year.$6.08$6.57$0.49$1.11$1.21$0.10
2012Summary only. Only limited summary data is available for this year.$6.30$6.69$0.39$1.10$0.97$0.13
2011Summary only. Only limited summary data is available for this year.$3.22$3.75$0.52$1.08$1.06$0.02