Civic Intelligence

Dona Petra Santiago Apartments

EIN 80-0383860 • 501(c)3 • New York, NY

Profile

The project is an 57-unit apartment project for the elderly located in new york, ny. The project is operated under section 202 of the national housing act and regulated by the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods. The project is also subject to section 8 housing assistance payments agreement with the u.s. Department of housing and urban development (hud) and a significant portion of the project's rental income is received from hud.

717 East 9th StreetNew York, NY 10009
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.45x

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

NTEE L • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

21.49x

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

NTEE L • $10M-$25M nonprofits • Source year 2024

Net Margin

9th percentile

-47%

Higher net margin than 9% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

NTEE L • $10M-$25M nonprofits • Source year 2024

Asset Growth

21st percentile

-2.7%

Faster asset growth than 21% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

NTEE L • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$10,359,794

Down $286,523 (-2.7%) from 2023

Liabilities

Up

$15,013,454

Up $40,859 (+0.3%) from 2023

Net Assets

Down

-$4,653,660

Down $327,382 (-7.6%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin9th percentile

Revenue

Up

$698,467

Up $82,097 (+13%) from 2023

Expenses

Down

$1,025,849

Down $16,692 (-1.6%) from 2023

Net Income

Up

-$327,382

Up $98,789 (+23%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $10,027,269Liabilities 2010: $10,027,269Net Assets 2010: $02010Assets 2011: $14,493,129Liabilities 2011: $14,632,534Net Assets 2011: -$139,4052011Assets 2012: $14,200,721Liabilities 2012: $14,593,412Net Assets 2012: -$392,6912012Assets 2013: $13,989,379Liabilities 2013: $14,611,179Net Assets 2013: -$621,8002013Assets 2014: $13,775,061Liabilities 2014: $14,637,241Net Assets 2014: -$862,1802014Assets 2015: $13,528,417Liabilities 2015: $14,626,615Net Assets 2015: -$1,098,1982015Assets 2016: $13,358,539Liabilities 2016: $14,690,209Net Assets 2016: -$1,331,6702016Assets 2017: $13,130,090Liabilities 2017: $14,829,278Net Assets 2017: -$1,699,1882017Assets 2018: $12,926,496Liabilities 2018: $14,991,391Net Assets 2018: -$2,064,8952018Assets 2019: $12,109,921Liabilities 2019: $14,749,658Net Assets 2019: -$2,639,7372019Assets 2020: $11,812,094Liabilities 2020: $14,911,882Net Assets 2020: -$3,099,7882020Assets 2021: $11,335,315Liabilities 2021: $14,789,584Net Assets 2021: -$3,454,2692021Assets 2022: $11,017,572Liabilities 2022: $14,917,679Net Assets 2022: -$3,900,1072022Assets 2023: $10,646,317Liabilities 2023: $14,972,595Net Assets 2023: -$4,326,2782023Assets 2024: $10,359,794Liabilities 2024: $15,013,454Net Assets 2024: -$4,653,6602024

Highlighted filing

2024

Assets$10,359,794
Liabilities$15,013,454
Net Assets-$4,653,660
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2011: $361,494Expenses 2011: $500,899Net Income 2011: -$139,4052011Revenue 2012: $627,605Expenses 2012: $880,891Net Income 2012: -$253,2862012Revenue 2013: $651,805Expenses 2013: $880,914Net Income 2013: -$229,1092013Revenue 2014: $620,095Expenses 2014: $860,475Net Income 2014: -$240,3802014Revenue 2015: $620,396Expenses 2015: $856,414Net Income 2015: -$236,0182015Revenue 2016: $615,295Expenses 2016: $848,767Net Income 2016: -$233,4722016Revenue 2017: $576,484Expenses 2017: $888,854Net Income 2017: -$312,3702017Revenue 2018: $560,463Expenses 2018: $926,170Net Income 2018: -$365,7072018Revenue 2019: $600,488Expenses 2019: $935,580Net Income 2019: -$335,0922019Revenue 2020: $605,147Expenses 2020: $1,065,198Net Income 2020: -$460,0512020Revenue 2021: $609,987Expenses 2021: $968,812Net Income 2021: -$358,8252021Revenue 2022: $625,528Expenses 2022: $1,071,366Net Income 2022: -$445,8382022Revenue 2023: $616,370Expenses 2023: $1,042,541Net Income 2023: -$426,1712023Revenue 2024: $698,467Expenses 2024: $1,025,849Net Income 2024: -$327,3822024

Highlighted filing

2024

Revenue$698,467
Expenses$1,025,849
Net Income-$327,382
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$10,359,794
Liabilities
$15,013,454
Net assets
-$4,653,660
Revenue
$698,467
Expenses
$1,025,849
Net income
-$327,382
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$15.0$4.65$0.70$1.03$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$15.0$4.33$0.62$1.04$0.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$14.9$3.90$0.63$1.07$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$14.8$3.45$0.61$0.97$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$14.9$3.10$0.61$1.07$0.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$14.7$2.64$0.60$0.94$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$15.0$2.06$0.56$0.93$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$14.8$1.70$0.58$0.89$0.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$14.7$1.33$0.62$0.85$0.23
2015Detailed filing. Detailed filing data is available for this year.$13.5$14.6$1.10$0.62$0.86$0.24
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$14.6$0.86$0.62$0.86$0.24
2013Summary only. Only limited summary data is available for this year.$14.0$14.6$0.62$0.65$0.88$0.23
2012Summary only. Only limited summary data is available for this year.$14.2$14.6$0.39$0.63$0.88$0.25
2011Summary only. Only limited summary data is available for this year.$14.5$14.6$0.14$0.36$0.50$0.14
2010Summary only. Only limited summary data is available for this year.$10.0$10.0$0.00$0.00$0.00$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$625,528
Mission and Program Overview

Mission

The project is an 57-unit apartment project for the elderly located in new york, ny. The project is operated under section 202 of the national housing act and regulated by the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods. The project is also subject to section 8 housing assistance payments agreement with the u.s. Department of housing and urban development (hud) and a significant portion of the project's rental income is received from hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,730,441$10,364,693▼ $365,748
Prepaid Expenses and Deferred Charges$19,882$35,827▲ $15,945
Cash and Non-Interest-Bearing Accounts$48,792$27,182▼ $21,610
Accounts Receivable$2,055$7,458▲ $5,403
Total Assets$11,335,315$11,017,572▼ $317,743
Other Assets Total$534,145$582,412▲ $48,267
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,288,000$14,288,000→ $0
Accounts Payable and Accrued Expenses$200,687$341,064▲ $140,377
Other Liabilities$292,936$288,086▼ $4,850
Deferred Revenue$7,961$529▼ $7,432
Total Liabilities$14,789,584$14,917,679▲ $128,095
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,454,269$-3,900,107▼ $445,838
Total Net Assets Fund Balance$-3,454,269$-3,900,107▼ $445,838
Total Liabilities and Net Assets / Fund Balance$11,335,315$11,017,572▼ $317,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,342,190$4,215,731$14,557,921
Equipment$22,500$4,500$27,000
Land$3-$3
Other Assets Org$15,086--
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Georgina AcevedoChair
Rikelmi MarteVice Chair
Elizabeth FernandezSecretary
Kevin McallisterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$624,981
Investment Income
$547
Other Revenue
$0
Change in Net Assets
$-445,838

Audited Revenue Reconciliation

Revenue per Audited Statements
$625,528
Total Revenue per Audited Statements
$625,528
Total Revenue per Form 990
$625,528
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,071,366
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$365,748--$365,748
Occupancy$179,691--$179,691
Insurance$52,237--$52,237
Fees for Services Management-$40,698-$40,698
Fees for Services Other$765$28,055-$28,820
Fees for Services Accounting-$23,064-$23,064
Office Expenses-$17,336-$17,336
Other Expenses$11,484--$11,484
All Other Expenses$9,420--$9,420
Total Functional Expenses$962,213$109,153$0$1,071,366

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,071,366
Total Expenses per Audited Statements$1,071,366
Total Expenses per Form 990$1,071,366
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
Construction Cost Payable$273,000
Tenant Security Deposits$15,086
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The organization has its form 990 prepared by an outside accounting firm and has established the following review process to ensure the information reported is complete and accurate. When the form 990 has been prepared, reviewed by board chair and board treasurer and is ready to be filed with the internal revenue service, it is electronically sent to the board for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Dona Petra Santiago Apartments
EIN
80-0383860
Phone
2126774772
Address
717 EAST 9TH STREET, NEW YORK, NY 10009

Signing Officer

Name
Georgina Acevedo
Title
Chair
Phone
2126774772
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Georgina Acevedo
Formed
2009
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
VARGAS & RIVERA CPA'S LLP
Address
586 ROUTE 304, NEW CITY, NY 10956
Preparer
Luis C Rivera
Phone
8456383113
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The project is an 57-unit apartment project for the elderly located in new york, ny. The project is operated under section 202 of the national housing act and regulated by the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods. The project is also subject to section 8 housing assistance payments agreement with the u.s. Department of housing and urban development (hud) and a significant portion of the project's rental income is received from hud.”

Form 990, Part XI, Line 9

“NET ASSET ADJUSTMENT 0”

Raw XML Appendix354 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0200687
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0341064
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IRS990/AccountsReceivableGrp/EOYAmt07458
IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/AllOtherExpensesGrp/ProgramServicesAmt09420
IRS990/AllOtherExpensesGrp/TotalAmt09420
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SHINDA MANAGEMENT CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum03475343239
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0221-10 JAMAICA AVE FL 3
IRS990/BooksInCareOfDetail/USAddress/CityNm0QUEENS VILLAGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011428
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt048792
IRS990/CashNonInterestBearingGrp/EOYAmt027182
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0547
IRS990/CYOtherExpensesAmt01071366
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0624981
IRS990/CYRevenuesLessExpensesAmt0-445838
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01071366
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0625528
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt07961
IRS990/DeferredRevenueGrp/EOYAmt0529
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0365748
IRS990/DepreciationDepletionGrp/TotalAmt0365748
IRS990/Desc0PROVIDE HOUSING FOR THE LOW-INCOME ELDERLY IN NEW YORK CITY, NEW YORK.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0962213
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023064
IRS990/FeesForServicesAccountingGrp/TotalAmt023064
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt040698
IRS990/FeesForServicesManagementGrp/TotalAmt040698
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt028055
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0765
IRS990/FeesForServicesOtherGrp/TotalAmt028820
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0GEORGINA ACEVEDO
IRS990/Form990PartVIISectionAGrp/PersonNm1RIKELMI MARTE
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN MCALLISTER
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH FERNANDEZ
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0625528
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/TotalAmt052237
IRS990/InvestmentIncomeGrp/ExclusionAmt0547
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0547
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
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IRS990/LandBldgEquipAccumDeprecAmt04220231
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IRS990/LandBldgEquipCostOrOtherBssAmt014584924
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PROJECT IS AN 57-UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN NEW YORK, NY. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014288000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014288000
IRS990/NetAssetsOrFundBalancesBOYAmt0-3454269
IRS990/NetAssetsOrFundBalancesEOYAmt0-3900107
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3454269
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3900107
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/OccupancyGrp/TotalAmt0179691
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IRS990/OfficeExpensesGrp/TotalAmt017336
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0534145
IRS990/OtherAssetsTotalGrp/EOYAmt0582412
IRS990/OtherExpensesGrp/Desc0SECURITY CONTRACT
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3SUPER'S UNIT
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IRS990/OtherExpensesGrp/TotalAmt311484
IRS990/OtherLiabilitiesGrp/BOYAmt0292936
IRS990/OtherLiabilitiesGrp/EOYAmt0288086
IRS990/PartialLiquidationInd0false
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99890
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt04215731
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014557921
IRS990ScheduleD/EquipmentGrp/BookValueAmt022500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04500
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027000
IRS990ScheduleD/ExpensesSubtotalAmt01071366
IRS990ScheduleD/LandGrp/BookValueAmt03
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0428170
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1139156
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215086
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT IS AN 57-UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN NEW YORK, NY. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY BOARD CHAIR AND BOARD TREASURER AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NET ASSET ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O LEC 717 EAST 9TH STREET
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGINA ACEVEDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02126774772
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DONA PETRA SANTIAGO APARTMENTS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSING DEVELOPMENT FUND CORP
ReturnHeader/Filer/BusinessNameControlTxt0DONA
ReturnHeader/Filer/EIN0800383860
ReturnHeader/Filer/PhoneNum02126774772
ReturnHeader/Filer/USAddress/AddressLine1Txt0717 EAST 9TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010009
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133747593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VARGAS & RIVERA CPA'S LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0586 ROUTE 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010956
ReturnHeader/PreparerPersonGrp/PhoneNum08456383113
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LUIS C RIVERA
ReturnHeader/ReturnTs02023-11-15T13:34:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ACEVEDO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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