Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 81-2782023 • 501(c)3 • Manhasset, NY
Profile
The charitable purposes for which the corporation is organized are: (a)to improve economic conditions in blighted and badly deteriorated areas of new york city, new york through the development of housing and commercial development, and the creation of employment opportunities for low-income and unemployed persons in such underutilized areas; (b) to stimulate economic growth in depressed areas and combat unemployment in new york city; (c) to stabilize such blighted or depressed communities; (d) to combat deterioration in suchblighted or depressed communities; (e) to further the social welfare ofsuch blighted or depressed communities; and (f) to improve economic conditions in such blighted communities. The corporation, in carrying out its purposes, shall have all the powers granted by law to a corporation formed under the new york not-for-profit corporation law, and any laws amendatory thereof or supplementary thereto.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$0
Down $1 (-100%) from 2021
Liabilities
Up$21,099
Up $8,525 (+68%) from 2021
Net Assets
-$21,099
No earlier filing loaded for comparison.
Revenue
Flat$0
Flat from 2021
Expenses
Flat$0
Flat from 2021
Net Income
Flat$0
Flat from 2021
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The charitable purposes for which the corporation is organized are: (a) to improve economic conditions in blighted and badly deteriorated areas of new york city, new york through the development of housing and commercial development, and the creation of employment opportunities for low-income and unemployed persons in such underutilized areas; (b) to stimulate economic growth in depressed areas and combat unemployment in new york city; (c) to stabilize such blighted or depressed communities; (d) to combat deterioration in such blighted or depressed communities; (e) to further the social welfare of such blighted or depressed communities; and (f) to improve economic conditions in such blighted communities. The corporation, in carrying out its purposes, shall have all the powers granted by law to a corporation formed under the new york not-for-profit corporation law, and any laws amendatory thereof or supplementary thereto.
The charitable purposes for which the corporation is organized are: (a)to improve economic conditions in blighted and badly deteriorated areas of new york city, new york through the development of housing and commercial development, and the creation of employment opportunities for low-income and unemployed persons in such underutilized areas; (b) to stimulate economic growth in depressed areas and combat unemployment in new york city; (c) to stabilize such blighted or depressed communities; (d) to combat deterioration in suchblighted or depressed communities; (e) to further the social welfare ofsuch blighted or depressed communities; and (f) to improve economic conditions in such blighted communities. The corporation, in carrying out its purposes, shall have all the powers granted by law to a corporation formed under the new york not-for-profit corporation law, and any laws amendatory thereof or supplementary thereto.
| Description | Grants | Expenses |
|---|---|---|
| IT IS ANTICIPATED THAT THE ORGANIZATION WILL RAISE FUNDING FROM VARIOUS SOURCES IN ORDER TO MAKE BELOW-MARKET, FLEXIBLE FINANCIAL PRODUCTS AVAILABLE TO HIGH-IMPACT PROJECTS LOCATED IN DISTRESSED COMMUNITIES THROUGHOUT THE NEW YORK METROPOLITAN AREA. ADDITIONALLY, THE ORGANIZATION WILL LIAISE WITH OTHER NON-PROFITS AND ORGANIZATIONS IN ORDER TO PROVIDE WORKPLACE DEVELOPMENT AND JOB TRAINING TO RESIDENTS OF DISTRESSED COMMUNITIES, WITH THE GOAL OF ACHIEVING PERMANENT EMPLOYMENT AT PROJECTS THE ORGANIZATION PROVIDES FUNDING TO OR PARTNERS WITH. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOHN FOUGNER | Director | - | $0 | - | - |
| SCOTT ARMSTRONG | Director | - | $0 | - | - |
| KEVIN COONEY | Director | - | $0 | - | - |
“Description: due to/from triangle dev.. Beg. Of year amount: 12,574. End of year amount: 12,574. Description: due to/from triangle mgmt.. Beg. Of year amount: 8,525. End of year amount: 8,525.”
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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOHN FOUGNER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5166628182 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15 GAYNOR AVENUE APT 2E |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MANHASSET |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11030 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 0 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 21099 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -21099 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -21099 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -21099 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -21099 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOHN FOUGNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SCOTT ARMSTRONG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KEVIN COONEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CHARITABLE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: (A)TO IMPROVE ECONOMIC CONDITIONS IN BLIGHTED AND BADLY DETERIORATED AREAS OF NEW YORK CITY, NEW YORK THROUGH THE DEVELOPMENT OF HOUSING AND COMMERCIAL DEVELOPMENT, AND THE CREATION OF EMPLOYMENT OPPORTUNITIES FOR LOW-INCOME AND UNEMPLOYED PERSONS IN SUCH UNDERUTILIZED AREAS; (B) TO STIMULATE ECONOMIC GROWTH IN DEPRESSED AREAS AND COMBAT UNEMPLOYMENT IN NEW YORK CITY; (C) TO STABILIZE SUCH BLIGHTED OR DEPRESSED COMMUNITIES; (D) TO COMBAT DETERIORATION IN SUCHBLIGHTED OR DEPRESSED COMMUNITIES; (E) TO FURTHER THE SOCIAL WELFARE OFSUCH BLIGHTED OR DEPRESSED COMMUNITIES; AND (F) TO IMPROVE ECONOMIC CONDITIONS IN SUCH BLIGHTED COMMUNITIES. THE CORPORATION, IN CARRYING OUT ITS PURPOSES, SHALL HAVE ALL THE POWERS GRANTED BY LAW TO A CORPORATION FORMED UNDER THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW, AND ANY LAWS AMENDATORY THEREOF OR SUPPLEMENTARY THERETO. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IT IS ANTICIPATED THAT THE ORGANIZATION WILL RAISE FUNDING FROM VARIOUS SOURCES IN ORDER TO MAKE BELOW-MARKET, FLEXIBLE FINANCIAL PRODUCTS AVAILABLE TO HIGH-IMPACT PROJECTS LOCATED IN DISTRESSED COMMUNITIES THROUGHOUT THE NEW YORK METROPOLITAN AREA. ADDITIONALLY, THE ORGANIZATION WILL LIAISE WITH OTHER NON-PROFITS AND ORGANIZATIONS IN ORDER TO PROVIDE WORKPLACE DEVELOPMENT AND JOB TRAINING TO RESIDENTS OF DISTRESSED COMMUNITIES, WITH THE GOAL OF ACHIEVING PERMANENT EMPLOYMENT AT PROJECTS THE ORGANIZATION PROVIDES FUNDING TO OR PARTNERS WITH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 21099 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 21099 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PrivateFoundation509Ind | 0 | X |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 12574 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 8525 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 0 | TRIANGLE EQUITIES DEVELOPMENT COMPANY |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt | 1 | TRIANGLE EQUITEIS MANAGEMENT COMPANY |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 12574 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 8525 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 21099 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DUE TO/FROM TRIANGLE DEV.. BEG. OF YEAR AMOUNT: 12,574. END OF YEAR AMOUNT: 12,574. DESCRIPTION: DUE TO/FROM TRIANGLE MGMT.. BEG. OF YEAR AMOUNT: 8,525. END OF YEAR AMOUNT: 8,525. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN FOUGNER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5166628182 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEIGHBORHOOD STRATEGIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEIG |
| ReturnHeader/Filer/EIN | 0 | 812782023 |
| ReturnHeader/Filer/PhoneNum | 0 | 5166628182 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 15 GAYNOR AVENUE APT 2E |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MANHASSET |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11030 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 920942846 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HJK ADVISORS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 135 ROCKAWAY TURNPIKE SUITE 105 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LAWRENCE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11559 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9293521777 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HEATHER CHOI |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T13:24:51-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JOHN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | FOUGNER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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