Civic Intelligence

Mbcdc the Jefferson Corporation

990 • Fiscal year 2018 • EIN 65-0767473

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 13, 2019

Organization ProfileMIAMIBEACHCDC.COM
945 Pennsylvania Avenue 2nd FloorMiami Beach, FL 33139

(305) 538-0090

Siviq Scores

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

Liabilities / Assets

69th percentile

0.26x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

1.61x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

64th percentile

9.2%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$125,208

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 57.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

39th percentile

-1.4%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$1,317,515

Down $19,189 (-1.4%) from 2017

Net Assets

Up

$969,008

Up $21,506 (+2.3%) from 2017

Liabilities

Down

$348,507

Down $40,695 (-10%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin64th percentile

Revenue

Up

$216,416

Up $21,765 (+11%) from 2017

Expenses

Up

$196,560

Up $6,291 (+3.3%) from 2017

Net Income

Up

$19,856

Up $15,474 (+353%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,506,470Liabilities 2011: $560,748Net Assets 2011: $945,7222011Assets 2012: $1,464,447Liabilities 2012: $558,611Net Assets 2012: $905,8362012Assets 2013: $1,457,417Liabilities 2013: $489,117Net Assets 2013: $968,3002013Assets 2014: $1,396,821Liabilities 2014: $456,381Net Assets 2014: $940,4402014Assets 2015: $1,341,223Liabilities 2015: $452,741Net Assets 2015: $888,4822015Assets 2016: $1,377,623Liabilities 2016: $506,562Net Assets 2016: $871,0612016Assets 2017: $1,336,704Liabilities 2017: $389,202Net Assets 2017: $947,5022017Assets 2018: $1,317,515Liabilities 2018: $348,507Net Assets 2018: $969,0082018Assets 2019: $1,289,274Liabilities 2019: $372,652Net Assets 2019: $916,6222019Assets 2020: $1,247,211Liabilities 2020: $377,666Net Assets 2020: $869,5452020Assets 2021: $1,224,387Liabilities 2021: $399,796Net Assets 2021: $824,5912021Assets 2022: $1,177,726Liabilities 2022: $390,237Net Assets 2022: $787,4892022Assets 2023: $1,096,642Liabilities 2023: $356,844Net Assets 2023: $739,7982023Assets 2024: $1,103,904Liabilities 2024: $404,432Net Assets 2024: $699,4722024

Highlighted filing

2018

Assets$1,317,515
Liabilities$348,507
Net Assets$969,008
Open 2018 Filing

Operations Trend

Revenue Growth65th percentile

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

$400K$200K$0-$200KRevenue 2011: $190,588Expenses 2011: $186,158Net Income 2011: $4,4302011Revenue 2012: $190,588Expenses 2012: $186,160Net Income 2012: $4,4282012Revenue 2013: $200,846Expenses 2013: $178,197Net Income 2013: $22,6492013Revenue 2014: $189,914Expenses 2014: $218,115Net Income 2014: -$28,2012014Revenue 2015: $194,984Expenses 2015: $247,272Net Income 2015: -$52,2882015Revenue 2016: $206,539Expenses 2016: $237,152Net Income 2016: -$30,6132016Revenue 2017: $194,651Expenses 2017: $190,269Net Income 2017: $4,3822017Revenue 2018: $216,416Expenses 2018: $196,560Net Income 2018: $19,8562018Revenue 2019: $227,788Expenses 2019: $266,362Net Income 2019: -$38,5742019Revenue 2020: $226,619Expenses 2020: $336,629Net Income 2020: -$110,0102020Revenue 2021: $186,638Expenses 2021: $264,337Net Income 2021: -$77,6992021Revenue 2022: $253,059Expenses 2022: $288,515Net Income 2022: -$35,4562022Revenue 2023: $276,876Expenses 2023: $271,609Net Income 2023: $5,2672023Revenue 2024: $328,141Expenses 2024: $368,001Net Income 2024: -$39,8602024

Highlighted filing

2018

Revenue$216,416
Expenses$196,560
Net Income$19,856
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 13, 2019
Return Version
2017v2.3
Gross Receipts
$216,416
Mission and Program Overview

Mission

Providing low income housing to elderly persons in the miami beach area.

Mbcdc the jefferson inc. Is a non-profit organization incorporated under the laws and statutes of the state of florida for the purpose of providing low income housing to elderly persons in the miami beach area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,227,087$1,186,748▼ $40,339
Prepaid Expenses and Deferred Charges$4,388$8,978▲ $4,590
Accounts Receivable$7,221$7,850▲ $629
Cash and Non-Interest-Bearing Accounts$600$5,571▲ $4,971
Total Assets$1,336,704$1,317,515▼ $19,189
Other Assets Total$97,408$108,368▲ $10,960
Liabilities
Mortgage Notes Payable Secured by Investment Property$338,049$309,520▼ $28,529
Other Liabilities$44,606$32,702▼ $11,904
Accounts Payable and Accrued Expenses$6,547$6,285▼ $262
Total Liabilities$389,202$348,507▼ $40,695
Net Assets / Fund Balance
Unrestricted Net Assets$947,502$969,008▲ $21,506
Total Net Assets Fund Balance$947,502$969,008▲ $21,506
Total Liabilities and Net Assets / Fund Balance$1,336,704$1,317,515▼ $19,189

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$481,748$728,396$1,210,144
Land$705,000-$705,000
Equipment$0$20,331$20,331
Other Land Buildings$0$1,150$1,150
Other Assets Org$16,273--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleOtherTotal
Donna GuntherDeputy Director$101,238$101,238

Board Members and Trustees

NameTitle
Monica Matteo-salinasChairman
Jeff FeldmanVice Chair
Carmen CastilloDirector
Ibis ValdesDirector
Judy RobertsonDirector
Kathaleen SmarshDirector
Michael HammonDirector
Belkis Beatriz Cuenca-barberioFormer Executive Director
Juanita FranklinSecretary
Jayson WitrockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,218
Program Service Revenue
$166,567
Investment Income
$8
Other Revenue
$1,623
Change in Net Assets
$19,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$196,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$40,339--$40,339
Insurance$18,691--$18,691
All Other Expenses$16,732$93-$16,825
Interest$9,874--$9,874
Other Expenses$6,810--$6,810
Fees for Services Accounting$5,400$600-$6,000
Fees for Services Management$2,357--$2,357
Fees for Services Legal$1,589$177-$1,766
Total Functional Expenses$195,690$870$0$196,560
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
Security Deposits-tenants$15,055
Due to Mbcdc$10,950
Ap Affiliates$6,631
Unearned Rent$66
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“A copy was received from the entity independent accountants and all board members reviewed at a meeting before sign and mail it.”

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

“The officers and directors are required, annually in a meeting, to disclose interests that could give rise to conflict.”

Form 990, Part VI, Section C, Line 19

“By written request the required information will be provided.”

Filing and Contact Details

Filer

Filer Name
Mbcdc the Jefferson
EIN
65-0767473
Phone
3055380090
Address
945 PENNSYLVANIA AVENUE 2ND FLOOR, MIAMI BEACH, FL 33139

Signing Officer

Name
Ahmed Martin
Title
Executive Director
Phone
3055380090
Signed
2019-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ahmed Martin
Formed
1997
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Glsc & Company Pllc
Address
6303 BLUE LAGOON DRIVE SUITE 200, MIAMI, FL 33126
Preparer
Eduard a Baltar
Phone
3053730123
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The members of the board are responsable to select an independent accountant and to oversight the audit”

Financial Statement Notes

PART X, LINE 2:

“Mbcdc the jefferson is organized as not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes is required. The organization's information returns filed with the internal revenue service have not been examined in the past. The organization is not aware of any uncertainties that could jeopardize its not-for-profit status. Therefore, no provision or liability for income taxes is deemed necessary. The organization's tax returns for the years 2014,2015 and 2016 remain subject to examination by internal revenue service. In the unlikely event an uncertain tax position existed in which the organization could incur corporate income taxes, management would evaluate whether there is a probability that the uncertain tax position taken would be sustained upon examination by a taxing authority in accordance with fasc 740-10, accounting for uncertainty in income taxes. Based on the implementation of fas asc 740-10, accounting for uncertainty in income taxes, the organization has determined that no amounts are required to be accrued for taxes or related penalties and interest for any tax positions taken through september 30, 2018.”

Raw XML AppendixShowing 400 of 568 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/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1812300
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANTS RENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LATE RENTAL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0166518
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0166518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt048500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0190269
IRS990/PYOtherRevenueAmt01607
IRS990/PYProgramServiceRevenueAmt0144542
IRS990/PYRevenuesLessExpensesAmt04382
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0190269
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0194651
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt019856
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0168190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt048218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt066123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt068984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0309184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0670588
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01672
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01738
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012553
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0116
IRS990ScheduleA/OtherIncome170Grp/TotalAmt016079
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95050
IRS990ScheduleA/PublicSupportPY170Pct00.95830
IRS990ScheduleA/PublicSupportTotal170Amt0309184
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt048218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt048500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt066123
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt068984
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0309184
IRS990ScheduleA/TotalSupportAmt0325285
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0481748
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0728396
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01210144
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020331
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020331
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0705000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0705000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt078991
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt113104
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216273
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01150
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS-TENANTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MBCDC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2AP AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3UNEARNED RENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MBCDC THE JEFFERSON IS ORGANIZED AS NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE ORGANIZATION'S INFORMATION RETURNS FILED WITH THE INTERNAL REVENUE SERVICE HAVE NOT BEEN EXAMINED IN THE PAST. THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAINTIES THAT COULD JEOPARDIZE ITS NOT-FOR-PROFIT STATUS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES IS DEEMED NECESSARY. THE ORGANIZATION'S TAX RETURNS FOR THE YEARS 2014,2015 AND 2016 REMAIN SUBJECT TO EXAMINATION BY INTERNAL REVENUE SERVICE. IN THE UNLIKELY EVENT AN UNCERTAIN TAX POSITION EXISTED IN WHICH THE ORGANIZATION COULD INCUR CORPORATE INCOME TAXES, MANAGEMENT WOULD EVALUATE WHETHER THERE IS A PROBABILITY THAT THE UNCERTAIN TAX POSITION TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY IN ACCORDANCE WITH FASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. BASED ON THE IMPLEMENTATION OF FAS ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION HAS DETERMINED THAT NO AMOUNTS ARE REQUIRED TO BE ACCRUED FOR TAXES OR RELATED PENALTIES AND INTEREST FOR ANY TAX POSITIONS TAKEN THROUGH SEPTEMBER 30, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01186748
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0108368
IRS990ScheduleD/TotalLiabilityAmt032702
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0125208
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BELKIS BEATRIZ CUENCA-BARBERIO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0125208
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY WAS RECEIVED FROM THE ENTITY INDEPENDENT ACCOUNTANTS AND ALL BOARD MEMBERS REVIEWED AT A MEETING BEFORE SIGN AND MAIL IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS AND DIRECTORS ARE REQUIRED, ANNUALLY IN A MEETING, TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY WRITTEN REQUEST THE REQUIRED INFORMATION WILL BE PROVIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE BOARD ARE RESPONSABLE TO SELECT AN INDEPENDENT ACCOUNTANT AND TO OVERSIGHT THE AUDIT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MIAMI BEACH COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE SHELBOURNE APARTMENT BUILDING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2MBCDC FERNWOOD APARTMENTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MBCDC VILLA MATTI INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4MBCDC SEYMOUR HOTEL INC

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,317,515
Liabilities
$348,507
Net assets
$969,008
Revenue
$216,416
Expenses
$196,560
Net income
$19,856
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.40$0.70$0.33$0.37$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.36$0.74$0.28$0.27$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.39$0.79$0.25$0.29$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.40$0.82$0.19$0.26$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.38$0.87$0.23$0.34$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.29$0.37$0.92$0.23$0.27$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.35$0.97$0.22$0.20$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.39$0.95$0.19$0.19$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.51$0.87$0.21$0.24$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.45$0.89$0.19$0.25$0.05
2014Summary only. Only limited summary data is available for this year.$1.40$0.46$0.94$0.19$0.22$0.03
2013Summary only. Only limited summary data is available for this year.$1.46$0.49$0.97$0.20$0.18$0.02
2012Summary only. Only limited summary data is available for this year.$1.46$0.56$0.91$0.19$0.19$0.00
2011Summary only. Only limited summary data is available for this year.$1.51$0.56$0.95$0.19$0.19$0.00