Civic Intelligence

Lee Goodwin Housing Development Fund Corporation

990EZ • Fiscal year 2023 • EIN 81-2073794

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

95th percentile

7.31x

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

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.41x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Net Margin

77th percentile

45%

Higher net margin than 77% of similar nonprofits.

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Asset Growth

89th percentile

38%

Faster asset growth than 89% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

14%

Faster revenue growth than 71% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$8,885

Up $2,434 (+38%) from 2022

Net Assets

Up

-$56,063

Up $71,888 (+56%) from 2022

Liabilities

Down

$64,948

Down $69,454 (-52%) from 2022

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin77th percentile

Revenue

Up

$159,042

Up $19,042 (+14%) from 2022

Expenses

Down

$87,154

Down $117,708 (-57%) from 2022

Net Income

Up

$71,888

Up $136,750 (+211%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth89th 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

2023

Assets$8,885
Liabilities$64,948
Net Assets-$56,063
Open 2023 Filing

Operations Trend

Revenue Growth71st 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

2023

Revenue$159,042
Expenses$87,154
Net Income$71,888
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$159,042
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$87,154
Compensation and Service Providers
Top Officer Pay84th 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
2024-11-14
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: 722. Description: insurance . Amount: 668. Description: misc. Expenses. Amount: 145. Total to form 990-ez, line 16: 1,535.”

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

“Description: prepaid insurance. Beg. Of year amount: 592. End of year amount: 136. Description: accounts receivable. Beg. Of year amount: 1,789. End of year amount: 1,788.”

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

“Description: account payable. Beg. Of year amount: 134,402. End of year amount: 64,948.”

Raw XML Appendix115 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LUKEMAN OGUNYINKA
IRS990EZ/BooksInCareOfDetail/PhoneNum02122439090
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0902 BROADWAY 13TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04070
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06961
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt071888
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03364
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06451
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08885
IRS990EZ/GrossReceiptsAmt0159042
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-127951
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-56063
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-127951
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-56063
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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/BOYAmt02381
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01924
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01535
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/ProgramServiceRevenueAmt0159042
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
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt087154
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt082255
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0134402
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt064948
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt087154
IRS990EZ/TotalProgramServiceExpensesAmt087154
IRS990EZ/TotalRevenueAmt0159042
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TELEPHONE. AMOUNT: 722. DESCRIPTION: INSURANCE . AMOUNT: 668. DESCRIPTION: MISC. EXPENSES. AMOUNT: 145. TOTAL TO FORM 990-EZ, LINE 16: 1,535.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 592. END OF YEAR AMOUNT: 136. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,789. END OF YEAR AMOUNT: 1,788.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNT PAYABLE. BEG. OF YEAR AMOUNT: 134,402. END OF YEAR AMOUNT: 64,948.
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.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LUKEMAN OGUNYINKA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02122439090
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010010
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 SYLVAN WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARSIPPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070543801
ReturnHeader/PreparerPersonGrp/PhoneNum09732283500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI ROTHE YOKOBOSKY CPA
ReturnHeader/ReturnTs02024-11-15T00:56:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,885
Liabilities
$64,948
Net assets
-$56,063
Revenue
$159,042
Expenses
$87,154
Net income
$71,888
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