Civic Intelligence

Mhany 2004 Housing Development Fund Corporation

990 • Fiscal year 2017 • EIN 83-0385829

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 21, 2018

one metro tech north 11th floorBrooklyn, NY 11201

(718) 246-8080

Siviq Scores

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

Liabilities / Assets

78th percentile

1.13x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

5.27x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Net Margin

56th percentile

1.3%

Higher net margin than 56% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Asset Growth

45th percentile

-1.9%

Faster asset growth than 45% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-2.4%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$7,156,994

Down $137,076 (-1.9%) from 2016

Net Assets

Up

-$962,179

Up $19,823 (+2.0%) from 2016

Liabilities

Down

$8,119,173

Down $156,899 (-1.9%) from 2016

Revenue

Down

$1,541,141

Down $38,420 (-2.4%) from 2016

Expenses

Down

$1,521,318

Down $80,900 (-5.0%) from 2016

Net Income

Up

$19,823

Up $42,480 (+187%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2011: $8,045,015Liabilities 2011: $9,359,144Net Assets 2011: -$1,314,1292011Assets 2012: $7,816,278Liabilities 2012: $8,725,554Net Assets 2012: -$909,2762012Assets 2013: $7,706,553Liabilities 2013: $8,476,350Net Assets 2013: -$769,7972013Assets 2014: $7,450,554Liabilities 2014: $8,382,157Net Assets 2014: -$931,6032014Assets 2015: $7,162,842Liabilities 2015: $8,122,187Net Assets 2015: -$959,3452015Assets 2016: $7,294,070Liabilities 2016: $8,276,072Net Assets 2016: -$982,0022016Assets 2017: $7,156,994Liabilities 2017: $8,119,173Net Assets 2017: -$962,1792017Assets 2018: $14,043,311Liabilities 2018: $15,316,643Net Assets 2018: -$1,273,3322018Assets 2019: $15,019,939Liabilities 2019: $16,370,708Net Assets 2019: -$1,350,7692019Assets 2020: $13,827,944Liabilities 2020: $15,233,915Net Assets 2020: -$1,405,9712020Assets 2021: $13,143,487Liabilities 2021: $14,833,548Net Assets 2021: -$1,690,0612021Assets 2022: $12,867,940Liabilities 2022: $15,080,098Net Assets 2022: -$2,212,1582022Assets 2023: $12,599,348Liabilities 2023: $15,323,512Net Assets 2023: -$2,724,1642023Assets 2024: $12,201,547Liabilities 2024: $15,639,236Net Assets 2024: -$3,437,6892024

Highlighted filing

2017

Assets$7,156,994
Liabilities$8,119,173
Net Assets-$962,179

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,558,2202011Expenses 2012: $1,448,4092012Revenue 2013: $1,503,916Expenses 2013: $1,364,438Net Income 2013: $139,4782013Revenue 2014: $1,497,112Expenses 2014: $1,658,918Net Income 2014: -$161,8062014Revenue 2015: $1,530,467Expenses 2015: $1,558,209Net Income 2015: -$27,7422015Revenue 2016: $1,579,561Expenses 2016: $1,602,218Net Income 2016: -$22,6572016Revenue 2017: $1,541,141Expenses 2017: $1,521,318Net Income 2017: $19,8232017Revenue 2018: $1,580,748Expenses 2018: $1,891,901Net Income 2018: -$311,1532018Revenue 2019: $1,598,623Expenses 2019: $1,676,060Net Income 2019: -$77,4372019Revenue 2020: $1,592,715Expenses 2020: $1,686,017Net Income 2020: -$93,3022020Revenue 2021: $1,669,888Expenses 2021: $1,953,978Net Income 2021: -$284,0902021Revenue 2022: $1,665,025Expenses 2022: $2,187,122Net Income 2022: -$522,0972022Revenue 2023: $1,699,486Expenses 2023: $2,211,492Net Income 2023: -$512,0062023Revenue 2024: $1,795,203Expenses 2024: $2,492,362Net Income 2024: -$697,1592024

Highlighted filing

2017

Revenue$1,541,141
Expenses$1,521,318
Net Income$19,823
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 21, 2018
Return Version
2016v3.0
Gross Receipts
$1,541,141
Mission and Program Overview

Mission

Develop, on a non-profit basis, a housing project for persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,479,016$6,269,391▼ $209,625
Intangible Assets$428,834$402,091▼ $26,743
Cash and Non-Interest-Bearing Accounts$25,772$58,718▲ $32,946
Prepaid Expenses and Deferred Charges$30,256$55,256▲ $25,000
Accounts Receivable$41,813$39,326▼ $2,487
Total Assets$7,294,070$7,156,994▼ $137,076
Other Assets Total$288,379$332,212▲ $43,833
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,857,138$7,645,418▼ $211,720
Other Liabilities$231,941$453,738▲ $221,797
Accounts Payable and Accrued Expenses$181,916$15,581▼ $166,335
Deferred Revenue$5,077$4,436▼ $641
Total Liabilities$8,276,072$8,119,173▼ $156,899
Net Assets / Fund Balance
Unrestricted Net Assets$-982,002$-962,179▲ $19,823
Total Net Assets Fund Balance$-982,002$-962,179▲ $19,823
Total Liabilities and Net Assets / Fund Balance$7,294,070$7,156,994▼ $137,076

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,099,844$2,246,300$8,346,144
Other Land Buildings$88,937-$88,937
Land$80,610-$80,610
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dorothy Amadipresident
Julia Boydsecretary
Natalie Browntreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
mhany management incmanagement serviceone metro tech north 11th floor, brooklyn, NY 11201$122,266
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,526,298
Investment Income
$0
Other Revenue
$14,843
Change in Net Assets
$19,823

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,541,141
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,541,141
Total Revenue per Form 990
$1,541,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,521,318
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
Occupancy$374,525--$374,525
Interest$326,336--$326,336
Depreciation Depletion$256,374--$256,374
Fees for Services Management$222,857--$222,857
Insurance$53,674--$53,674
Fees for Services Other$19,630--$19,630
Fees for Services Legal$18,164--$18,164
Office Expenses$14,127--$14,127
Fees for Services Accounting-$7,200-$7,200
Other Expenses$5,400--$5,400
All Other Expenses$4,165--$4,165
Total Functional Expenses$1,514,118$7,200$0$1,521,318

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,521,318
Total Expenses per Audited Statements$1,521,318
Total Expenses per Form 990$1,521,318
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 affiliate$421,543
Security Deposits$32,195
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

the organization delegates management responsibilities to MHANY Management.

Form 990, Part VI, Section A, line 8B

Organization does not have any commitiees.

Form 990, Part VI, Section B, line 11B

Form 990 will be completed annually and copies will be provided to the entire governing board as well as the president of the organization. At that time the president will review the form 990 with the designated board members, any necessary changes will then be updated on form. Once all necessary changes are made and the president is in agreement with the designated board members on the finished form 990, it will be signed by the president, dated and submitied by the filing deadline. A copy of the approved form 990 will be provided to all of the officers, directors and trustees before the return is filed.

Form 990, Part VI, Section C, line 19

Documents are available urjn request.

Filing and Contact Details

Filer

Filer Name
Mhany 2004 Housing Development Fund Corp
EIN
83-0385829
Phone
7182468080
Address
one metro tech north 11th floor, Brooklyn, NY 11201

Signing Officer

Name
Ismene Speliotis
Title
Executive Director
Phone
7182468080
Signed
2018-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ismene Speliotis
Formed
2004
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
4 BECKER FARM ROAD, ROSELAND, NJ 07068
Preparer
Thomas Lanning
Phone
9732283500
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Corporation is required to file nd does file informational returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the IRS, tax years since 2014 remain open.

Raw XML AppendixShowing 400 of 510 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0181916
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015581
IRS990/AccountsReceivableGrp/BOYAmt041813
IRS990/AccountsReceivableGrp/EOYAmt039326
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04165
IRS990/AllOtherExpensesGrp/TotalAmt04165
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Arthur swartz Co NORWAX ASSOCIATES INC
IRS990/BooksInCareOfDetail/PhoneNum09142370600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt073 MARKET STREET SUITE 376
IRS990/BooksInCareOfDetail/USAddress/CityNm0YONKERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010710
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt025772
IRS990/CashNonInterestBearingGrp/EOYAmt058718
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0122266
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0one metro tech north 11th floor
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0brooklyn
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011201
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0mhany management inc
IRS990/ContractorCompensationGrp/ServicesDesc0management service
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01521318
IRS990/CYOtherRevenueAmt014843
IRS990/CYProgramServiceRevenueAmt01526298
IRS990/CYRevenuesLessExpensesAmt019823
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01521318
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01541141
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt05077
IRS990/DeferredRevenueGrp/EOYAmt04436
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0256374
IRS990/DepreciationDepletionGrp/TotalAmt0256374
IRS990/Desc0TO PROVIDE AFFORDABLE HOUSING TO PERSONS OF LIMITED INCOME BY BUYING, LEASING, DEVELOPING, AND REHABILITATING PROPERTIES, AND OTHERWISE ENGAGING IN THE COLLECTNE AND CORPORATE ACtivITIES NECESSARY TO IMPLEMENT THESE ENDS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01514118
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07200
IRS990/FeesForServicesAccountingGrp/TotalAmt07200
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt018164
IRS990/FeesForServicesLegalGrp/TotalAmt018164
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0222857
IRS990/FeesForServicesManagementGrp/TotalAmt0222857
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt019630
IRS990/FeesForServicesOtherGrp/TotalAmt019630
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt07.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt17.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt27.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Dorothy Amadi
IRS990/Form990PartVIISectionAGrp/PersonNm1Natalie Brown
IRS990/Form990PartVIISectionAGrp/PersonNm2Julia Boyd
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0president
IRS990/Form990PartVIISectionAGrp/TitleTxt1treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01541141
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt053674
IRS990/InsuranceGrp/TotalAmt053674
IRS990/IntangibleAssetsGrp/BOYAmt0428834
IRS990/IntangibleAssetsGrp/EOYAmt0402091
IRS990/InterestGrp/ProgramServicesAmt0326336
IRS990/InterestGrp/TotalAmt0326336
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02246300
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06479016
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06269391
IRS990/LandBldgEquipCostOrOtherBssAmt08515691
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07857138
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07645418
IRS990/NetAssetsOrFundBalancesBOYAmt0-982002
IRS990/NetAssetsOrFundBalancesEOYAmt0-962179
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0374525
IRS990/OccupancyGrp/TotalAmt0374525
IRS990/OfficeExpensesGrp/ProgramServicesAmt014127
IRS990/OfficeExpensesGrp/TotalAmt014127
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0288379
IRS990/OtherAssetsTotalGrp/EOYAmt0332212
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Repairs and maintenance
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Bad debts
IRS990/OtherExpensesGrp/Desc3Development Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt0171822
IRS990/OtherExpensesGrp/ProgramServicesAmt127552
IRS990/OtherExpensesGrp/ProgramServicesAmt219492
IRS990/OtherExpensesGrp/ProgramServicesAmt35400
IRS990/OtherExpensesGrp/TotalAmt0171822
IRS990/OtherExpensesGrp/TotalAmt127552
IRS990/OtherExpensesGrp/TotalAmt219492
IRS990/OtherExpensesGrp/TotalAmt35400
IRS990/OtherLiabilitiesGrp/BOYAmt0231941
IRS990/OtherLiabilitiesGrp/EOYAmt0453738
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0Tax Refund
IRS990/OtherRevenueMiscGrp/Desc1Laundry and vending
IRS990/OtherRevenueMiscGrp/Desc2Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09050
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14411
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21382
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14411
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21382
IRS990/OtherRevenueTotalAmt014843
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030256
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055256
IRS990/PrincipalOfficerNm0ISMENE SPELIOTIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01526298
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01526298
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01475134
IRS990/PYOtherRevenueAmt04509
IRS990/PYProgramServiceRevenueAmt01575052
IRS990/PYRevenuesLessExpensesAmt0-22657
IRS990/PYSalariesCompEmpBnftPaidAmt0127084
IRS990/PYTotalExpensesAmt01602218
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01579561
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt019823
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01541141
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Laundry and vending - 2015 Amount: $ 4,339. 2016 Amount: $ 4,411. Other Income - 2012 Amount: $ 81. 2013 Amount: $ 7,703. 2014 Amount: $ 4,629. 2015 Amount: $ 170. 2016 Amount: $ 1,382. Tax Refund - 2016 Amount: $ 9,050.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01526298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01575052
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01525838
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01489409
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01503835
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07620432
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt014843
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04509
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt04629
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt07703
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt081
IRS990ScheduleA/OtherIncome509Grp/TotalAmt031765
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99580
IRS990ScheduleA/PublicSupportPY509Pct00.95340
IRS990ScheduleA/PublicSupportTotal509Amt07620432
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01526298
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01575052
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01525838
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01489409
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01503835
IRS990ScheduleA/Total509Grp/TotalAmt07620432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01541141
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01579561
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01530467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01497112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01503916
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07652197
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06099844
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02246300
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08346144
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01521318
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080610
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080610
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt088937
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt088937
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1421543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to affiliate
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01541141
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is required to file nd does file informational returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the IRS, tax years since 2014 remain open.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06269391
IRS990ScheduleD/TotalExpensesPerForm990Amt01521318
IRS990ScheduleD/TotalLiabilityAmt0453738
IRS990ScheduleD/TotalRevenuePerForm990Amt01541141
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01541141
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01521318
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0the organization delegates management responsibilities to MHANY Management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION DOES NOT HAVE ANY COMMITIEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE DESIGNATED BOARD MEMBERS, ANY NECESSARY CHANGES WILL THEN BE UPDATED ON FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH THE DESIGNATED BOARD MEMBERS ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE PRESIDENT, DATED AND SUBMITIED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE URJN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0462264308
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0rental real estate
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0MHANY 5 Associates LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0brooklyn
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd011201
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MHANY MANAGEMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Mhany 1999 II Housing Development Fund Corp
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Mhany 1999 Housing Development Fund Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3Mhany 2005 Housing Development Fund Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4Mhany 2002 Housing Development Fund Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5Mhany 2011 Housing Development Fund Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6Mhany 2012 Housing Development Fund Corporation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721303737
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1113517199
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2061548990
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3030555171
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4320007137
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5454459387
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6455133550
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6Provision to relief to the poor, distressed and underprivileged promotion
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt6Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt5One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt6One Metro Tech North 11th Floor
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm6Brooklyn
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd6NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011201

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$15.6$3.44$1.80$2.49$0.70
2023Detailed filing. Detailed filing data is available for this year.$12.6$15.3$2.72$1.70$2.21$0.51
2022Detailed filing. Detailed filing data is available for this year.$12.9$15.1$2.21$1.67$2.19$0.52
2021Detailed filing. Detailed filing data is available for this year.$13.1$14.8$1.69$1.67$1.95$0.28
2020Detailed filing. Detailed filing data is available for this year.$13.8$15.2$1.41$1.59$1.69$0.09
2019Detailed filing. Detailed filing data is available for this year.$15.0$16.4$1.35$1.60$1.68$0.08
2018Detailed filing. Detailed filing data is available for this year.$14.0$15.3$1.27$1.58$1.89$0.31
2017Detailed filing. Detailed filing data is available for this year.$7.16$8.12$0.96$1.54$1.52$0.02
2016Detailed filing. Detailed filing data is available for this year.$7.29$8.28$0.98$1.58$1.60$0.02
2015Detailed filing. Detailed filing data is available for this year.$7.16$8.12$0.96$1.53$1.56$0.03
2014Detailed filing. Detailed filing data is available for this year.$7.45$8.38$0.93$1.50$1.66$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$8.48$0.77$1.50$1.36$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.82$8.73$0.91$1.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.05$9.36$1.31$1.56