Civic Intelligence

Lee Goodwin Housing Development Fund Corporation

990EZ • Fiscal year 2022 • EIN 81-2073794

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 21, 2023

Organization ProfileN/A
902 Broadway 13th FloorNew York, NY 10010

(212) 243-9090

Siviq Scores

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

Liabilities / Assets

98th percentile

20.83x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.96x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Net Margin

21st percentile

-46%

Higher net margin than 21% of similar nonprofits.

2022 filings • NTEE L20 • <$500k nonprofits • Source year 2022

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2022 filings • NTEE L20 • <$500k nonprofits • Source year 2022

Asset Growth

98th percentile

1241%

Faster asset growth than 98% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$6,451

Up $5,970 (+1241%) from 2021

Net Assets

Down

-$127,951

Down $64,862 (-103%) from 2021

Liabilities

Up

$134,402

Up $70,832 (+111%) from 2021

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin21st percentile

Revenue

Up

$140,000

Up $15,000 (+12%) from 2021

Expenses

Down

$204,862

Down $11,744 (-5.4%) from 2021

Net Income

Up

-$64,862

Up $26,744 (+29%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$200K$100K$0-$100K-$200KAssets 2021: $481Liabilities 2021: $63,570Net Assets 2021: -$63,0892021Assets 2022: $6,451Liabilities 2022: $134,402Net Assets 2022: -$127,9512022Assets 2023: $8,885Liabilities 2023: $64,948Net Assets 2023: -$56,0632023Assets 2024: $12,222Liabilities 2024: $68,305Net Assets 2024: -$56,0832024

Highlighted filing

2022

Assets$6,451
Liabilities$134,402
Net Assets-$127,951
Open 2022 Filing

Operations Trend

Revenue Growth67th percentile

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

$300K$200K$100K$0-$100KRevenue 2021: $125,000Expenses 2021: $216,606Net Income 2021: -$91,6062021Revenue 2022: $140,000Expenses 2022: $204,862Net Income 2022: -$64,8622022Revenue 2023: $159,042Expenses 2023: $87,154Net Income 2023: $71,8882023Revenue 2024: $185,600Expenses 2024: $185,620Net Income 2024: -$202024

Highlighted filing

2022

Revenue$140,000
Expenses$204,862
Net Income-$64,862
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 21, 2023
Return Version
2022v5.0
Gross Receipts
$140,000
Mission and Program Overview

Mission

The purposes of this organization is to develop and maintain affordable not-for-profit housing opportunities for individuals and families in a 61-unit building in the borough of the bronx in the city of new york.

Program Services

DescriptionGrantsExpenses
THE PURPOSES OF THIS ORGANIZATION IS TO DEVELOP AND MAINTAIN AFFORDABLE NOT-FOR-PROFIT HOUSING OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES IN A 61-UNIT BUILDING IN THE BOROUGH OF THE BRONX IN THE CITY OF NEW YORK.$0$204,862
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LUKEMAN OGUNYINKATreasurer-$0--
JAMES ROBERT PIGOTT JRVice President/Secretary-$0--
ADAM WEINSTEINPresident-$0--
Filing and Contact Details

Filer

Filer Name
Lee Goodwin Housing Development Fund
EIN
81-2073794
Phone
2122439090
Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY 10010

Signing Officer

Name
Lukeman Ogunyinka
Title
Treasurer
Phone
2122439090
Signed
2023-06-21
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: telephone. Amount: 645. Description: misc. Expenses. Amount: 84. Total to form 990-ez, line 16: 729.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid insurance. Beg. Of year amount: 481. End of year amount: 592. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 1,789.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: cash overdraft. Beg. Of year amount: 1,442. End of year amount: 0. Description: account payable. Beg. Of year amount: 62,128. End of year amount: 134,402.”

Raw XML Appendix120 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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IRS990EZ/BooksInCareOfDetail/PhoneNum02122439090
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010010
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IRS990EZ/GrossReceiptsAmt0140000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LUKEMAN OGUNYINKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES ROBERT PIGOTT JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADAM WEINSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT/SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0481
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02381
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0729
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSES OF THIS ORGANIZATION IS TO DEVELOP AND MAINTAIN AFFORDABLE NOT-FOR-PROFIT HOUSING OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES IN A 61-UNIT BUILDING IN THE BOROUGH OF THE BRONX IN THE CITY OF NEW YORK.
IRS990EZ/ProgramServiceRevenueAmt0140000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSES OF THIS ORGANIZATION IS TO DEVELOP AND MAINTAIN AFFORDABLE NOT-FOR-PROFIT HOUSING OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES IN A 61-UNIT BUILDING IN THE BOROUGH OF THE BRONX IN THE CITY OF NEW YORK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt0198646
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0134402
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt0204862
IRS990EZ/TotalRevenueAmt0140000
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TELEPHONE. AMOUNT: 645. DESCRIPTION: MISC. EXPENSES. AMOUNT: 84. TOTAL TO FORM 990-EZ, LINE 16: 729.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 481. END OF YEAR AMOUNT: 592. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,789.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CASH OVERDRAFT. BEG. OF YEAR AMOUNT: 1,442. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNT PAYABLE. BEG. OF YEAR AMOUNT: 62,128. END OF YEAR AMOUNT: 134,402.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02122439090
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEE GOODWIN HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LEEG
ReturnHeader/Filer/EIN0812073794
ReturnHeader/Filer/PhoneNum02122439090
ReturnHeader/Filer/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 SYLVAN WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARSIPPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070543801
ReturnHeader/PreparerPersonGrp/PhoneNum09732283500
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI ROTHE YOKOBOSKY CPA
ReturnHeader/ReturnTs02023-06-28T07:05:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LUKEMAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OGUNYINKA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,451
Liabilities
$134,402
Net assets
-$127,951
Revenue
$140,000
Expenses
$204,862
Net income
-$64,862
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.68$0.56$1.86$1.86$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.65$0.56$1.59$0.87$0.72
2022Detailed filing. Detailed filing data is available for this year.$0.06$1.34$1.28$1.40$2.05$0.65
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.64$0.63$1.25$2.17$0.92