Civic Intelligence

231 East 77 Housing Development Fund Corporation C/O Met Council

990 • Fiscal year 2014 • EIN 81-0659976

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 14, 2015

Organization ProfileWWW.METCOUNCIL.ORG
120 Broadway 7th FloorNew York, NY 10271

(212) 453-9500

Siviq Scores

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

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

2014 filings • NTEE L • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.37x

Higher debt load relative to revenue than 24% of similar nonprofits.

2014 filings • NTEE L • $5M-$10M nonprofits • Source year 2014

Net Margin

4th percentile

-94%

Higher net margin than 4% of similar nonprofits.

2014 filings • NTEE L • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

91st percentile

$514,042

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 338.1% of source-year revenue.

2014 filings • NTEE L • $5M-$10M nonprofits • Source year 2014

Asset Growth

42nd percentile

-2.4%

Faster asset growth than 42% of similar nonprofits.

2014 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

79th percentile

8.3%

Faster revenue growth than 79% of similar nonprofits.

2014 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets9th percentile

Assets

Down

$6,410,389

Down $158,784 (-2.4%) from 2013

Net Assets

Down

$6,354,239

Down $142,897 (-2.2%) from 2013

Liabilities

Down

$56,150

Down $15,887 (-22%) from 2013

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin4th percentile

Revenue

Up

$152,017

Up $11,669 (+8.3%) from 2013

Expenses

Up

$294,914

Up $8,176 (+2.9%) from 2013

Net Income

Up

-$142,897

Up $3,493 (+2.4%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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: $6,989,457Liabilities 2010: $40,218Net Assets 2010: $6,949,2392010Assets 2011: $6,828,478Liabilities 2011: $33,184Net Assets 2011: $6,795,2942011Assets 2012: $6,694,493Liabilities 2012: $50,967Net Assets 2012: $6,643,5262012Assets 2013: $6,569,173Liabilities 2013: $72,037Net Assets 2013: $6,497,1362013Assets 2014: $6,410,389Liabilities 2014: $56,150Net Assets 2014: $6,354,2392014Assets 2015: $6,321,714Liabilities 2015: $98,485Net Assets 2015: $6,223,2292015Assets 2016: $6,139,704Liabilities 2016: $30,522Net Assets 2016: $6,109,1822016Assets 2017: $6,011,589Liabilities 2017: $37,429Net Assets 2017: $5,974,1602017Assets 2018: $5,894,097Liabilities 2018: $30,903Net Assets 2018: $5,863,1942018Assets 2019: $5,781,450Liabilities 2019: $37,032Net Assets 2019: $5,744,4182019Assets 2020: $5,668,796Liabilities 2020: $68,971Net Assets 2020: $5,599,8252020Assets 2021: $5,493,121Liabilities 2021: $58,793Net Assets 2021: $5,434,3282021Assets 2022: $5,328,822Liabilities 2022: $52,739Net Assets 2022: $5,276,0832022Assets 2023: $5,193,970Liabilities 2023: $101,525Net Assets 2023: $5,092,4452023Assets 2024: $5,122,813Liabilities 2024: $206,831Net Assets 2024: $4,915,9822024

Highlighted filing

2014

Assets$6,410,389
Liabilities$56,150
Net Assets$6,354,239
Open 2014 Filing

Operations Trend

Revenue Growth79th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $273,1232010Revenue 2011: $136,085Expenses 2011: $290,030Net Income 2011: -$153,9452011Expenses 2012: $284,9412012Revenue 2013: $140,348Expenses 2013: $286,738Net Income 2013: -$146,3902013Revenue 2014: $152,017Expenses 2014: $294,914Net Income 2014: -$142,8972014Revenue 2015: $153,987Expenses 2015: $284,997Net Income 2015: -$131,0102015Revenue 2016: $155,600Expenses 2016: $269,647Net Income 2016: -$114,0472016Revenue 2017: $148,036Expenses 2017: $283,058Net Income 2017: -$135,0222017Revenue 2018: $155,807Expenses 2018: $266,773Net Income 2018: -$110,9662018Revenue 2019: $157,129Expenses 2019: $275,905Net Income 2019: -$118,7762019Revenue 2020: $257,126Expenses 2020: $401,719Net Income 2020: -$144,5932020Revenue 2021: $213,763Expenses 2021: $379,260Net Income 2021: -$165,4972021Revenue 2022: $150,002Expenses 2022: $308,247Net Income 2022: -$158,2452022Revenue 2023: $163,302Expenses 2023: $346,940Net Income 2023: -$183,6382023Revenue 2024: $174,402Expenses 2024: $350,865Net Income 2024: -$176,4632024

Highlighted filing

2014

Revenue$152,017
Expenses$294,914
Net Income-$142,897
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 14, 2015
Return Version
2014v5.0
Gross Receipts
$152,017
Mission and Program Overview

Mission

To provide housing assistance to senior citizens and low income individuals.

Provide susidized rental apartments for seniors and low income individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,480,741$6,340,450▼ $140,291
Cash and Non-Interest-Bearing Accounts$24,802$15,320▼ $9,482
Prepaid Expenses and Deferred Charges$13,840$13,253▼ $587
Accounts Receivable$9,154--
Total Assets$6,569,173$6,410,389▼ $158,784
Other Assets Total$40,636$41,366▲ $730
Liabilities
Other Liabilities$55,316$39,778▼ $15,538
Accounts Payable and Accrued Expenses$16,721$16,370▼ $351
Deferred Revenue-$2-
Total Liabilities$72,037$56,150▼ $15,887
Net Assets / Fund Balance
Unrestricted Net Assets$6,497,136$6,354,239▼ $142,897
Total Net Assets Fund Balance$6,497,136$6,354,239▼ $142,897
Total Liabilities and Net Assets / Fund Balance$6,569,173$6,410,389▼ $158,784

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,840,450$1,008,645$3,849,095
Land$3,500,000-$3,500,000
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleOtherTotal
Peter BrestSecretary$104,922$104,922

Board Members and Trustees

NameTitle
Abraham BidermanPresident
David M FrankelVice President/CEO
Melvin ZachterDirector/CFO
Benjamin LopataTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$150,169
Investment Income
$53
Other Revenue
$1,795
Change in Net Assets
$-142,897

Audited Revenue Reconciliation

Revenue per Audited Statements
$152,017
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$152,017
Total Revenue per Form 990
$152,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$294,914
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$140,291--$140,291
Occupancy$53,804--$53,804
Fees for Services Management$47,398--$47,398
Fees for Services Accounting-$11,360-$11,360
Insurance$7,926--$7,926
Office Expenses$6,077--$6,077
Advertising$2,505--$2,505
Fees for Services Legal$1,347--$1,347
Other Expenses$100--$100
Total Functional Expenses$283,554$11,360$0$294,914

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$294,914
Total Expenses per Audited Statements$294,914
Total Expenses per Form 990$294,914
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sponsor$26,928
Security Deposits Payable$12,850
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 A, Line 8B

“The organization did not have any meetings during the year.”

Form 990, Part VI, Section B, Line 11

“The 990 is prepared by an independent accountant. It is then reviewed by the organization's governing body. After the review form 990 is filed with the irs.”

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

“All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
231 East 77 Housing Development
EIN
81-0659976
Phone
2124539500
Address
120 BROADWAY 7TH FLOOR, NEW YORK, NY 10271

Signing Officer

Name
Alan Schoor
Title
Executive Director
Phone
2124539500
Signed
2015-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Schoor
Formed
2007
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1212 AVENUE OF THE AMERICAS, NEW YORK, NY 10036
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“These financial statements do not reflect a provision for income taxes and the organization has no other tax positions which must be considered for disclosure. Income tax returns filed by the organization are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2011 remain open.”

Raw XML AppendixShowing 400 of 788 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY INCOME - 2010 AMOUNT: $ 1,362. 2011 AMOUNT: $ 1,201. 2012 AMOUNT: $ 1,735. 2013 AMOUNT: $ 1,200. 2014 AMOUNT: $ 1,200. MISCELLANEOUS INCOME - 2013 AMOUNT: $ 25. 2014 AMOUNT: $ 595.
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0134054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0689501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0312
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01795
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01225
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01735
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01201
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01362
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07318
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98910
IRS990ScheduleA/PublicSupportPY509Pct00.98950
IRS990ScheduleA/PublicSupportTotal509Amt0689501
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0150169
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0139093
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0131408
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0134777
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0134054
IRS990ScheduleA/Total509Grp/TotalAmt0689501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0152017
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0140348
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0133173
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0136085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0135508
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0697131
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02840450
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01008645
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03849095
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0294914
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03500000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SPONSOR
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0152017
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2011 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06340450
IRS990ScheduleD/TotalExpensesPerForm990Amt0294914
IRS990ScheduleD/TotalLiabilityAmt039778
IRS990ScheduleD/TotalRevenuePerForm990Amt0152017
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0152017
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0294914
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0513250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1301539
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt14556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1717
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID M FRANKEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MELVIN ZACHTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR/CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0514042
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1314612
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY MEETINGS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. IT IS THEN REVIEWED BY THE ORGANIZATION'S GOVERNING BODY. AFTER THE REVIEW FORM 990 IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS COMPLETE NYC VENDEX CONFLICT OF INTEREST FORM ANNUALLY. NO PURCHASES ARE ALLOWED FROM ANY BUSINESS AFFILIATED WITH EMPLOYEES OR BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0271111739
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1454877639
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0COUNCIL TOWERS VI GP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1COUNCIL TOWERS VII GP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0120 BOARDWAY 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1120 BOARDWAY 7TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010271
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110271
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0271111603
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1454830456
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1RENTAL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0COUNCIL TOWERS VI LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1COUNCIL TOWERS VII LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0120 BOARDWAY 7TH FLOOR

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,410,389
Liabilities
$56,150
Net assets
$6,354,239
Revenue
$152,017
Expenses
$294,914
Net income
-$142,897
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.12$0.21$4.92$0.17$0.35$0.18
2023Detailed filing. Detailed filing data is available for this year.$5.19$0.10$5.09$0.16$0.35$0.18
2022Detailed filing. Detailed filing data is available for this year.$5.33$0.05$5.28$0.15$0.31$0.16
2021Detailed filing. Detailed filing data is available for this year.$5.49$0.06$5.43$0.21$0.38$0.17
2020Detailed filing. Detailed filing data is available for this year.$5.67$0.07$5.60$0.26$0.40$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.78$0.04$5.74$0.16$0.28$0.12
2018Detailed filing. Detailed filing data is available for this year.$5.89$0.03$5.86$0.16$0.27$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.01$0.04$5.97$0.15$0.28$0.14
2016Detailed filing. Detailed filing data is available for this year.$6.14$0.03$6.11$0.16$0.27$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.32$0.10$6.22$0.15$0.28$0.13
2014Detailed filing. Detailed filing data is available for this year.$6.41$0.06$6.35$0.15$0.29$0.14
2013Detailed filing. Detailed filing data is available for this year.$6.57$0.07$6.50$0.14$0.29$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.69$0.05$6.64$0.28
2011Summary only. Only limited summary data is available for this year.$6.83$0.03$6.80$0.14$0.29$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.99$0.04$6.95$0.27