Civic Intelligence

Federation Gulfstream Housing Inc

990 • Fiscal year 2017 • EIN 59-2541344

Sep 01, 2016 to Aug 31, 2017 • Filed on Nov 15, 2017

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

95th percentile

1.15x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

5.14x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$252,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

26th percentile

-2.0%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

1.7%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$5,226,058

Down $108,814 (-2.0%) from 2016

Net Assets

Up

-$795,558

Up $25,860 (+3.1%) from 2016

Liabilities

Down

$6,021,616

Down $134,674 (-2.2%) from 2016

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin48th percentile

Revenue

Up

$1,170,408

Up $19,488 (+1.7%) from 2016

Expenses

Down

$1,144,548

Down $76,037 (-6.2%) from 2016

Net Income

Up

$25,860

Up $95,525 (+137%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2017

Assets$5,226,058
Liabilities$6,021,616
Net Assets-$795,558
Open 2017 Filing

Operations Trend

Revenue Growth41st 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

2017

Revenue$1,170,408
Expenses$1,144,548
Net Income$25,860
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,170,408
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$4,504,180$4,389,302▼ $114,878
Prepaid Expenses and Deferred Charges$47,894$49,767▲ $1,873
Cash and Non-Interest-Bearing Accounts$12,812$21,193▲ $8,381
Total Assets$5,334,872$5,226,058▼ $108,814
Other Assets Total$769,986$765,796▼ $4,190
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,091,340$5,944,669▼ $146,671
Other Liabilities$46,193$47,016▲ $823
Accounts Payable and Accrued Expenses$18,757$29,931▲ $11,174
Total Liabilities$6,156,290$6,021,616▼ $134,674
Net Assets / Fund Balance
Unrestricted Net Assets$-821,418$-795,558▲ $25,860
Total Net Assets Fund Balance$-821,418$-795,558▲ $25,860
Total Liabilities and Net Assets / Fund Balance$5,334,872$5,226,058▼ $108,814

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,466,827$3,114,777$4,581,604
Other Land Buildings$2,449,631$1,550,919$4,000,550
Land$463,000-$463,000
Equipment$9,844$77,095$86,939
Other Assets Org$27,262--
Compensation and Service Providers
Top Officer Pay84th 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
$1,169,458
Investment Income
$950
Other Revenue
$0
Change in Net Assets
$25,860

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,170,408
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,170,408
Total Revenue per Form 990
$1,170,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$956,423
Salaries, Compensation, and Employee Benefits$188,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$255,070--$255,070
Interest$253,723--$253,723
Other Salaries and Wages$152,868--$152,868
Occupancy$72,679--$72,679
Insurance$68,433--$68,433
Fees for Services Management-$52,736-$52,736
Other Expenses$28,253--$28,253
Other Employee Benefits$24,182--$24,182
Office Expenses$22,502--$22,502
Payroll Taxes$11,075--$11,075
Fees for Services Accounting-$6,700-$6,700
Fees for Services Legal-$2,840-$2,840
All Other Expenses$285--$285
Total Functional Expenses$1,082,272$62,276$0$1,144,548

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,144,548
Total Expenses per Audited Statements$1,144,548
Total Expenses per Form 990$1,144,548
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$26,111
Accrued Interest Payable$20,905
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 11B

“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 Contact Addresses for Officers, Directors, Etc

“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
2017-11-15
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
2

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
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 520 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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IRS990/RevenueAmt01169458
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0950
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0666
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0845
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0880
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01169458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01150254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01135276
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01122125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01110089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05687202
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0950
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0666
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0845
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04141
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99930
IRS990ScheduleA/PublicSupportTotal509Amt05687202
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01169458
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01150254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01135276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01122125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01110089
IRS990ScheduleA/Total509Grp/TotalAmt05687202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01170408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01150920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01136121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01122925
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01110969
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05691343
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01466827
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03114777
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04581604
IRS990ScheduleD/EquipmentGrp/BookValueAmt09844
IRS990ScheduleD/EquipmentGrp/DepreciationAmt077095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086939
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01144548
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0463000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0463000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt080319
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1658215
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt227262
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02449631
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01550919
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04000550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01170408
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/TotalBookValueLandBuildingsAmt04389302
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0765796
IRS990ScheduleD/TotalExpensesPerForm990Amt01144548
IRS990ScheduleD/TotalLiabilityAmt047016
IRS990ScheduleD/TotalRevenuePerForm990Amt01170408
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01170408
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01144548
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/BonusRelatedOrganizationsAmt137500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0129400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1175500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt13975
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt024984
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt112395
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt022289
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt122630
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MEL LOWELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MATTHEW C LEVIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0200560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1252000
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 11B
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 CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
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

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,226,058
Liabilities
$6,021,616
Net assets
-$795,558
Revenue
$1,170,408
Expenses
$1,144,548
Net income
$25,860
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