Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
990 • Fiscal year 2023 • EIN 80-0819115
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 59.5% of source-year revenue.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Down$1,466,900
Down $63,925 (-4.2%) from 2022
Net Assets
Down-$1,034,384
Down $84,732 (-8.9%) from 2022
Liabilities
Up$2,501,284
Up $20,807 (+0.8%) from 2022
Revenue
Up$320,460
Up $28,782 (+9.9%) from 2022
Expenses
Down$405,192
Down $11,378 (-2.7%) from 2022
Net Income
Up-$84,732
Up $40,160 (+32%) from 2022
Vanmew housing development fund corporation (the "corporation") has entered into regulatory and financing agreements with the new york state housing finance agency and the new york city department of housing preservation development (hpd) to acquire apartment buildings for purposes of operating and maintaining rental properties at approved rates for persons of low-income.
Vanmew housing developmentfund corporation ("the corporation")has entered into regulatory and financing agreements with the new york state housing finance agency and the new york city department of housing preservation development (hpd)to acquire apartment building for purposes of operating and maintaining rental properties at approved rates for persons of low- income.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,301,798 | $1,224,914 | ▼ $76,884 |
| Accounts Receivable | $35,559 | $46,256 | ▲ $10,697 |
| Prepaid Expenses and Deferred Charges | $10,818 | $11,554 | ▲ $736 |
| Cash and Non-Interest-Bearing Accounts | $21,093 | $10,443 | ▼ $10,650 |
| Total Assets | $1,530,825 | $1,466,900 | ▼ $63,925 |
| Other Assets Total | $161,557 | $173,733 | ▲ $12,176 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $2,242,730 | $2,242,730 | → $0 |
| Accounts Payable and Accrued Expenses | $104,404 | $118,977 | ▲ $14,573 |
| Other Liabilities | $103,207 | $102,010 | ▼ $1,197 |
| Deferred Revenue | $30,136 | $37,567 | ▲ $7,431 |
| Total Liabilities | $2,480,477 | $2,501,284 | ▲ $20,807 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-949,652 | $-1,034,384 | ▼ $84,732 |
| Total Net Assets Fund Balance | $-949,652 | $-1,034,384 | ▼ $84,732 |
| Total Liabilities and Net Assets / Fund Balance | $1,530,825 | $1,466,900 | ▼ $63,925 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,223,414 | $843,526 | $2,066,940 |
| Land | $1,500 | - | $1,500 |
| Other Assets Org | $1,840 | - | - |
| Name | Title | Other | Total |
|---|---|---|---|
| Val Henry | Executive Di | $190,738 | $190,738 |
| Name | Title |
|---|---|
| Charles Thomas | Chairman |
| Alecia D Mason | Vice Chairma |
| Val Henry | Executive Director |
| C Allyson Franklin Esq | Member |
| Kenneth L Pyle Sr | Member |
| Kenneth Laidlow | Member |
| Michael Bailey Esq | Member |
| Mildred Smith | Member |
| Sonia Clarke | Member |
| Steve Cromity | Member |
| Victoria Powe-bittle | Member |
| Von Joseph | Member |
| Cory Sargeant | Treasurer Pr |
| Line Item | Amount |
|---|---|
| Other Expenses | $337,239 |
| Salaries, Compensation, and Employee Benefits | $67,953 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $88,441 | - | - | $88,441 |
| Depreciation Depletion | $76,884 | - | - | $76,884 |
| Other Salaries and Wages | $46,139 | $5,127 | - | $51,266 |
| Insurance | $41,134 | - | - | $41,134 |
| Fees for Services Management | - | $23,901 | - | $23,901 |
| Interest | $22,483 | - | - | $22,483 |
| Fees for Services Accounting | - | $15,568 | - | $15,568 |
| Other Employee Benefits | $11,136 | $1,237 | - | $12,373 |
| Fees for Services Legal | - | $11,048 | - | $11,048 |
| Office Expenses | $3,178 | $3,178 | - | $6,356 |
| Payroll Taxes | $3,883 | $431 | - | $4,314 |
| Fees for Services Other | $1,323 | - | - | $1,323 |
| Other Expenses | $458 | $1,815 | - | $458 |
| Total Functional Expenses | $329,488 | $75,704 | $0 | $405,192 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $414,576 |
| Expenses per Audited Statements | $405,192 |
| Total Expenses per Form 990 | $405,192 |
| Expenses Not Reported on Form 990 | $9,384 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Related Parties | $43,775 |
| Accrued Interest Payable, Deferred | $37,071 |
| Tenant Security Deposits Payable | $21,164 |
“The board contracted lwc management corporation to manage the rental property through a management contract agreement. The management company reports to the board on a monthly basis.”
“Form 990 part vi, section b, line 11: the draft form 990 is initially provided to the managing agent for review and comments. Once reviewed and comments addressed, the draft form 990 in paper form is then provided to the board through the president for review and approval of the full-board for filing with the irs.”
“On annual basis, all board members, managing agent and key employees are required to disclose any conflict or potential conflict of interest. The disclosures are reviewed by the board members. Any member (s) with conflict of interest will not be allowed to vote on matters related to the conflict of interest.”
“The board reviews the compensation for key employees as recommended by the managing agent based on compensation information for the same position in similar organizations.”
“The board reviews the compensation for key employees as recommended by the managing agent based on compensation information for the same position in similar organizations.”
“The organization will make the governing documents, conflict of interest and financial statements available to the public upon request by calling telephone 212.665.5500 or at the office of its managing agent, lwc management corporation located at 2090 adam clayton powell, jr. Blvd, new york, ny 10027.”
“Vanmew housing developmentfund corporation ("the corporation")has entered into regulatory and financing agreements with the new york state housing finance agency and the new york city department of housing preservation development (hpd)to acquire apartment building for purposes of operating and maintaining rental properties at approved rates for persons of low- income.”
“Rent free unit 9,384 rent free unit -9,384”
“The process has not changed from prior year.”
“The organization recognizes the effect of income tax positions only if those positions are more-likely-than-not be sustained upon examination of taxing authorities. Management has determined that the organization has no uncertain tax positions that would require financial statement recognition or disclosure. The organization is no longer subject to audits by the applicable taxing jurisdictions for years prior to 2020. Currently, there are no audits in progress.”
“RENT FREE UNIT 9,384”
“RENT FREE UNIT 9,384”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 104404 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 118977 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 35559 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 46256 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | VANMEW HOUSING DEVELOPMENTFUND CORPORATION ("THE CORPORATION")HAS ENTERED INTO REGULATORY AND FINANCING AGREEMENTS WITH THE NEW YORK STATE HOUSING FINANCE AGENCY AND THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION DEVELOPMENT (HPD)TO ACQUIRE APARTMENT BUILDING FOR PURPOSES OF OPERATING AND MAINTAINING RENTAL PROPERTIES AT APPROVED RATES FOR PERSONS OF LOW- INCOME. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LWC MANAGEMENT CORPORATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2126655500 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2090 ADAM CLAYTON POWELL JR BLVD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10027 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 21093 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 10443 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2917 |
| IRS990/CYOtherExpensesAmt | 0 | 337239 |
| IRS990/CYOtherRevenueAmt | 0 | 800 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 316743 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -84732 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 67953 |
| IRS990/CYTotalExpensesAmt | 0 | 405192 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 320460 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 30136 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 37567 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 76884 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 76884 |
| IRS990/Desc | 0 | THE CORPORATION PROVIDED HOUSING TO LOW-INCOME TENANTS IN ITS 30 RESIDENTIAL AND 1 COMMERCIAL UNITS HOUSED IN FOUR MULTI-STORY BUILDINGS (THE "PROJECT"). SINCE THE PROJECT WAS DEVELOPED THROUGH PROCEEDS OF LONG-TERM LOANS UNDER THE ARTICLE VIII OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK AND THE CITY OF NEW YORK HOUSING PRESERVATION AND DEVELOPMENT (HPD), THE CORPORATION CONTINUOUSLY OPERATE, MAINTAIN AND MANAGE THE PROJECT IN ACCORDANCE WITH THE REQUIREMENTS OF HPD, SPECIFICALLY IN TERMS OF ADMITTING ELIGIBLE TENANTS ONLY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 329488 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 15568 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15568 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 11048 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11048 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 23901 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 23901 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1323 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1323 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 0.25 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 7170 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | VAL HENRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CHARLES THOMAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ALECIA D MASON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | CORY SARGEANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MICHAEL BAILEY ESQ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | STEVE CROMITY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | C ALLYSON FRANKLIN ESQ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SONIA CLARKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MILDRED SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | VICTORIA POWE-BITTLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | VON JOSEPH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | KENNETH LAIDLOW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | KENNETH L PYLE SR |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 183568 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER PR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 320460 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 41134 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 41134 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 22483 |
| IRS990/InterestGrp/TotalAmt | 0 | 22483 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2917 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2917 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 15 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 843526 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1301798 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1224914 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2068440 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | VANMEW HOUSING DEVELOPMENTFUND CORPORATION ("THE CORPORATION")HAS ENTERED INTO REGULATORY AND FINANCING AGREEMENTS WITH THE NEW YORK STATE HOUSING FINANCE AGENCY AND THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION DEVELOPMENT (HPD)TO ACQUIRE APARTMENT BUILDING FOR PURPOSES OF OPERATING AND MAINTAINING RENTAL PROPERTIES AT APPROVED RATES FOR PERSONS OF LOW- INCOME. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
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| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBTS |
| IRS990/OtherExpensesGrp/Desc | 2 | FINES, FEES AND PENALTIES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 458 |
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| IRS990/OtherExpensesGrp/TotalAmt | 3 | 458 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 102010 |
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| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 3883 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 4314 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrincipalOfficerNm | 0 | VAL HENRY |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/QuidProQuoContributionsInd | 0 | false |
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| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 317543 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER REVENUE 4,440 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART III, LINE 12 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1667 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1667 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 2063 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 9504 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01000 |
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| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99090 |
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| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 284248 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 295620 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1471805 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 288282 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 285955 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 299374 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1485749 |
| IRS990/ScheduleBRequiredInd | 0 | false |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 843526 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2066940 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 9384 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 405192 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1500 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1500 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 83337 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 8056 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 4 | 7585 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 5 | 1840 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OPERATING RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | CAPITAL RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | UTILITIES DEPOSITS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | OTHER RECEIVABLES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 5 | DUE FROM RELATED PARTIES |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 43775 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 37071 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 21164 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO RELATED PARTIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED INTEREST PAYABLE, DEFERRED |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | TENANT SECURITY DEPOSITS PAYABLE |
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| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 9384 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 320460 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION OF TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO 2020. CURRENTLY, THERE ARE NO AUDITS IN PROGRESS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | RENT FREE UNIT 9,384 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | RENT FREE UNIT 9,384 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1224914 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 173733 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 405192 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 102010 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 320460 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 329844 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 414576 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.