Civic Intelligence

St Vincent'S Housing Development Fund Company Inc

990 • Fiscal year 2020 • EIN 62-1775418

Jan 01, 2020 to Dec 31, 2020 • Filed on May 03, 2021

Organization ProfileN/A
150 Brielle AvenueStaten Island, NY 10314-6424

(718) 477-6803

Siviq Scores

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

Liabilities / Assets

14th percentile

0.03x

Higher debt load relative to assets than 14% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.20x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Net Margin

34th percentile

-11%

Higher net margin than 34% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE L • $5M-$10M nonprofits • Source year 2020

Asset Growth

31st percentile

-2.2%

Faster asset growth than 31% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-1.1%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets14th percentile

Assets

Down

$5,099,585

Down $116,292 (-2.2%) from 2019

Net Assets

Down

$4,921,505

Down $93,048 (-1.9%) from 2019

Liabilities

Down

$178,080

Down $23,244 (-12%) from 2019

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin34th percentile

Revenue

Down

$883,993

Down $9,857 (-1.1%) from 2019

Expenses

Up

$979,726

Up $13,992 (+1.4%) from 2019

Net Income

Down

-$95,733

Down $23,849 (-33%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,271,116Liabilities 2010: $211,291Net Assets 2010: $6,059,8252010Assets 2011: $6,162,892Liabilities 2011: $220,911Net Assets 2011: $5,941,9812011Assets 2012: $6,038,562Liabilities 2012: $233,713Net Assets 2012: $5,804,8492012Assets 2013: $5,859,573Liabilities 2013: $236,721Net Assets 2013: $5,622,8522013Assets 2014: $5,668,816Liabilities 2014: $150,035Net Assets 2014: $5,518,7812014Assets 2015: $5,581,608Liabilities 2015: $158,028Net Assets 2015: $5,423,5802015Assets 2016: $5,465,459Liabilities 2016: $157,962Net Assets 2016: $5,307,4972016Assets 2017: $5,372,222Liabilities 2017: $183,362Net Assets 2017: $5,188,8602017Assets 2018: $5,285,311Liabilities 2018: $215,474Net Assets 2018: $5,069,8372018Assets 2019: $5,215,877Liabilities 2019: $201,324Net Assets 2019: $5,014,5532019Assets 2020: $5,099,585Liabilities 2020: $178,080Net Assets 2020: $4,921,5052020Assets 2021: $4,848,893Liabilities 2021: $180,059Net Assets 2021: $4,668,8342021Assets 2022: $4,733,264Liabilities 2022: $170,924Net Assets 2022: $4,562,3402022Assets 2023: $4,776,698Liabilities 2023: $268,168Net Assets 2023: $4,508,5302023Assets 2024: $4,732,342Liabilities 2024: $306,276Net Assets 2024: $4,426,0662024

Highlighted filing

2020

Assets$5,099,585
Liabilities$178,080
Net Assets$4,921,505
Open 2020 Filing

Operations Trend

Revenue Growth34th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $740,4252010Expenses 2011: $760,3172011Expenses 2012: $778,5752012Revenue 2013: $655,963Expenses 2013: $807,035Net Income 2013: -$151,0722013Revenue 2014: $687,855Expenses 2014: $813,327Net Income 2014: -$125,4722014Revenue 2015: $698,913Expenses 2015: $800,436Net Income 2015: -$101,5232015Revenue 2016: $701,221Expenses 2016: $809,947Net Income 2016: -$108,7262016Revenue 2017: $740,951Expenses 2017: $868,969Net Income 2017: -$128,0182017Revenue 2018: $828,165Expenses 2018: $942,404Net Income 2018: -$114,2392018Revenue 2019: $893,850Expenses 2019: $965,734Net Income 2019: -$71,8842019Revenue 2020: $883,993Expenses 2020: $979,726Net Income 2020: -$95,7332020Revenue 2021: $882,748Expenses 2021: $1,111,366Net Income 2021: -$228,6182021Revenue 2022: $1,060,524Expenses 2022: $1,109,681Net Income 2022: -$49,1572022Revenue 2023: $1,154,704Expenses 2023: $1,227,232Net Income 2023: -$72,5282023Revenue 2024: $1,271,164Expenses 2024: $1,349,659Net Income 2024: -$78,4952024

Highlighted filing

2020

Revenue$883,993
Expenses$979,726
Net Income-$95,733
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 3, 2021
Return Version
2020v4.1
Gross Receipts
$1,192,915
Mission and Program Overview

Mission

To provide housing and related services to the poor elderly on a nonprofit basis.

Own and operate a hud-financed multifamily project for the elderly on a nonprofit basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,210,131$4,112,128▼ $98,003
Prepaid Expenses and Deferred Charges$89,054$92,606▲ $3,552
Cash and Non-Interest-Bearing Accounts$52,924$41,400▼ $11,524
Accounts Receivable$5,324$13,324▲ $8,000
Total Assets$5,215,877$5,099,585▼ $116,292
Other Assets Total$858,444$840,127▼ $18,317
Liabilities
Accounts Payable and Accrued Expenses$122,714$99,176▼ $23,538
Other Liabilities$77,658$76,985▼ $673
Deferred Revenue$952$1,919▲ $967
Total Liabilities$201,324$178,080▼ $23,244
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,014,553$4,921,505▼ $93,048
Total Net Assets Fund Balance$5,014,553$4,921,505▼ $93,048
Total Liabilities and Net Assets / Fund Balance$5,215,877$5,099,585▼ $116,292

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,748,222$3,486,633$7,234,855
Land$326,118-$326,118
Other Land Buildings$37,788$124,926$162,714
Other Assets Org$124,089--
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
Brian F Doran EsqChairperson
Dianne PowersDirector
Dr Pankaj PatelDirector
Joan CatalanoDirector
Katherine ConnorsDirector
Sr Dominica Rocchio ScDirector
Sr Shiela Brosnan ScDirector
Tara FrenchDirector
Matthew JaneczkoExecutive Director
Susan LamertiSecretary
Sr Eileen Walsh ScTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$866,934
Investment Income
$15,395
Other Revenue
$1,664
Change in Net Assets
$-95,733

Audited Revenue Reconciliation

Revenue per Audited Statements
$883,993
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$13,485
Total Revenue per Audited Statements
$897,478
Total Revenue per Form 990
$883,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$797,335
Salaries, Compensation, and Employee Benefits$182,391
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$191,220--$191,220
Other Salaries and Wages$131,329$22,390-$153,719
Occupancy$89,288--$89,288
Fees for Services Management-$63,770-$63,770
Insurance$49,706--$49,706
Other Employee Benefits$22,395--$22,395
Fees for Services Accounting-$19,000-$19,000
All Other Expenses$17,523$935-$18,458
Other Expenses$73,040$16,791-$16,791
Office Expenses-$10,820-$10,820
Payroll Taxes$6,277--$6,277
Total Functional Expenses$846,020$133,706$0$979,726

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$990,526
Expenses per Audited Statements$979,726
Total Expenses per Form 990$979,726
Expenses Not Reported on Form 990$10,800
Expenses Not Reported on Financial Statements$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
Due to Sponsor$63,061
Tenant Security Deposits Payable$13,924
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

“The project entered into a contract with an independent management company which handles the operation of the building, all building related services, all tenant needs and services, as well as all legal, financial and other matters. All salaries are paid through this independent management company which files all related payroll tax returns.”

Form 990, Part VI, Section A, Line 6

“The organization has a sole corporate member, which is also a tax exempt entity.”

Form 990, Part VI, Section A, Line 7A

“The sole corporate member has the ability to elect the board of directors.”

Form 990, Part VI, Section A, Line 7B

“The sole corporate member has the right to review decisions covering significant events or decisions made by the board, should there be the need.”

Form 990, Part VI, Section B, Line 11B

“The organization distributes a draft copy of the irs form 990 to its board members to review; who are then provided an opportunity to make comments or inquiries. Appropriate responses are given to their satisfaction. The board approves the filing of the form at a meeting held prior to its due date.”

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

“Annual updates requested in writing from board members and key people.”

Form 990, Part VI, Section B, Line 15

“No board members or officers receive any compensation.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are made available upon request on an as needed basis as determined by the board of directors.”

FORM 990, PART VII, SECTION A, COLUMN B:

“The board of directors perform goverance and other services throughout the year for the housing entities listed in schedule r, part ii, for no compensation. The hours listed on page 7, part vii, section a, column b, are estimates of the average weekly combined hours worked on all of these entities.”

Filing and Contact Details

Filer

Filer Name
ST VINCENT'S HOUSING DEVELOPMENT FUND
EIN
62-1775418
Phone
7184776803
Address
150 BRIELLE AVENUE, STATEN ISLAND, NY 10314-6424

Signing Officer

Name
Matthew Janeczko
Title
Executive Director
Phone
7184776803
Signed
2021-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Janeczko
Formed
1999
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Prager Metis Cpas LLC
Address
800 WESTCHESTER AVE SUITE N-400, RYE BROOK, NY 10573
Preparer
Anthony Pennella
Phone
9146944600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has annual board meetings to review and approve the audited financial statements. The board also approves the selection of an independent accountant.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Superintendent's apartment allowance 10,800.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Superintendent's apartment allowance 10,800.”

Raw XML AppendixShowing 400 of 606 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05014553
IRS990/NetAssetsOrFundBalancesEOYAmt04921505
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-4761
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4761
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02685
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05014553
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04921505
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt089288
IRS990/OccupancyGrp/TotalAmt089288
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010820
IRS990/OfficeExpensesGrp/TotalAmt010820
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0858444
IRS990/OtherAssetsTotalGrp/EOYAmt0840127
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022395
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022395
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BOOKKEEPING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016791
IRS990/OtherExpensesGrp/ProgramServicesAmt0143296
IRS990/OtherExpensesGrp/ProgramServicesAmt1121946
IRS990/OtherExpensesGrp/ProgramServicesAmt273040
IRS990/OtherExpensesGrp/TotalAmt0143296
IRS990/OtherExpensesGrp/TotalAmt1121946
IRS990/OtherExpensesGrp/TotalAmt273040
IRS990/OtherExpensesGrp/TotalAmt316791
IRS990/OtherLiabilitiesGrp/BOYAmt077658
IRS990/OtherLiabilitiesGrp/EOYAmt076985
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY
IRS990/OtherRevenueMiscGrp/Desc1MISC. INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01560
IRS990/OtherRevenueMiscGrp/ExclusionAmt1104
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01560
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1104
IRS990/OtherRevenueTotalAmt01664
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022390
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0131329
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153719
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06277
IRS990/PayrollTaxesGrp/TotalAmt06277
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt089054
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt092606
IRS990/PrincipalOfficerNm0MATTHEW JANECZKO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTAL PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc2COVID-19 SUPPLEMENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0703860
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1162686
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0703860
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1162686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2388
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020332
IRS990/PYOtherExpensesAmt0797014
IRS990/PYOtherRevenueAmt01765
IRS990/PYProgramServiceRevenueAmt0871753
IRS990/PYRevenuesLessExpensesAmt0-71884
IRS990/PYSalariesCompEmpBnftPaidAmt0168720
IRS990/PYTotalExpensesAmt0965734
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0893850
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-95733
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0866934
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020332
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017293
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012346
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt079492
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0866934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0871753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0808834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0725196
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0687062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03959779
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020332
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012346
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt079492
IRS990ScheduleA/InvestmentIncomeCYPct00.01960
IRS990ScheduleA/InvestmentIncomePYPct00.01940
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01664
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01765
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02038
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01629
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01813
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08909
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97820
IRS990ScheduleA/PublicSupportPY509Pct00.97800
IRS990ScheduleA/PublicSupportTotal509Amt03959779
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0866934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0871753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0808834
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0725196
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0687062
IRS990ScheduleA/Total509Grp/TotalAmt03959779
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0883993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0893850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0828165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0740951
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0701221
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04048180
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03748222
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03486633
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07234855
IRS990ScheduleD/ExpensesNotReportedAmt010800
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0979726
IRS990ScheduleD/LandGrp/BookValueAmt0326118
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0326118
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02685
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013924
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1702114
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2124089
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt010800
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037788
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0124926
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0162714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063061
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SPONSOR
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherRevenueAmt010800
IRS990ScheduleD/RevenueNotReportedAmt013485
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0883993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SUPERINTENDENT'S APARTMENT ALLOWANCE 10,800.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SUPERINTENDENT'S APARTMENT ALLOWANCE 10,800.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04112128
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0840127
IRS990ScheduleD/TotalExpensesPerForm990Amt0979726
IRS990ScheduleD/TotalLiabilityAmt076985
IRS990ScheduleD/TotalRevenuePerForm990Amt0883993
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0897478
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0990526
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT ENTERED INTO A CONTRACT WITH AN INDEPENDENT MANAGEMENT COMPANY WHICH HANDLES THE OPERATION OF THE BUILDING, ALL BUILDING RELATED SERVICES, ALL TENANT NEEDS AND SERVICES, AS WELL AS ALL LEGAL, FINANCIAL AND OTHER MATTERS. ALL SALARIES ARE PAID THROUGH THIS INDEPENDENT MANAGEMENT COMPANY WHICH FILES ALL RELATED PAYROLL TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A SOLE CORPORATE MEMBER, WHICH IS ALSO A TAX EXEMPT ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SOLE CORPORATE MEMBER HAS THE ABILITY TO ELECT THE BOARD OF DIRECTORS.

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,099,585
Liabilities
$178,080
Net assets
$4,921,505
Revenue
$883,993
Expenses
$979,726
Net income
-$95,733
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.73$0.31$4.43$1.27$1.35$0.08
2023Detailed filing. Detailed filing data is available for this year.$4.78$0.27$4.51$1.15$1.23$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.73$0.17$4.56$1.06$1.11$0.05
2021Detailed filing. Detailed filing data is available for this year.$4.85$0.18$4.67$0.88$1.11$0.23
2020Detailed filing. Detailed filing data is available for this year.$5.10$0.18$4.92$0.88$0.98$0.10
2019Detailed filing. Detailed filing data is available for this year.$5.22$0.20$5.01$0.89$0.97$0.07
2018Detailed filing. Detailed filing data is available for this year.$5.29$0.22$5.07$0.83$0.94$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.37$0.18$5.19$0.74$0.87$0.13
2016Detailed filing. Detailed filing data is available for this year.$5.47$0.16$5.31$0.70$0.81$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.58$0.16$5.42$0.70$0.80$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.67$0.15$5.52$0.69$0.81$0.13
2013Detailed filing. Detailed filing data is available for this year.$5.86$0.24$5.62$0.66$0.81$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.04$0.23$5.80$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.22$5.94$0.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$0.21$6.06$0.74