Civic Intelligence

Cpc Norfolk Senior Housing Development

EIN 85-3898514 • 501(c)3 • New York, NY

Profile

Cpc norfolk hdfc mission is to provide affordable housing for low income communities.

45 Suffolk StreetNew York, NY 10002

www.cpc-nyc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.43x

Higher debt load relative to assets than 73% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

1.37x

Higher debt load relative to revenue than 80% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Net Margin

79th percentile

44%

Higher net margin than 79% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE L21 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

1.3%

Faster asset growth than 61% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-63%

Faster revenue growth than 14% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$67,034

Up $884 (+1.3%) from 2023

Liabilities

Down

$28,698

Down $8,389 (-23%) from 2023

Net Assets

Up

$38,336

Up $9,273 (+32%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin79th percentile

Revenue

Down

$20,884

Down $35,266 (-63%) from 2023

Expenses

Down

$11,611

Down $5,772 (-33%) from 2023

Net Income

Down

$9,273

Down $29,494 (-76%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0-$20KAssets 2021: $1Liabilities 2021: $02021Assets 2022: $0Liabilities 2022: $9,704Net Assets 2022: -$9,7042022Assets 2023: $66,150Liabilities 2023: $37,087Net Assets 2023: $29,0632023Assets 2024: $67,034Liabilities 2024: $28,698Net Assets 2024: $38,3362024

Highlighted filing

2024

Assets$67,034
Liabilities$28,698
Net Assets$38,336
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $19,704Net Income 2022: -$19,7042022Revenue 2023: $56,150Expenses 2023: $17,383Net Income 2023: $38,7672023Revenue 2024: $20,884Expenses 2024: $11,611Net Income 2024: $9,2732024

Highlighted filing

2024

Revenue$20,884
Expenses$11,611
Net Income$9,273
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,034
Liabilities
$28,698
Net assets
$38,336
Revenue
$20,884
Expenses
$11,611
Net income
$9,273
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$67.0$28.7$38.3$20.9$11.6$9.27
2023Detailed filing. Detailed filing data is available for this year.$66.2$37.1$29.1$56.2$17.4$38.8
2022Detailed filing. Detailed filing data is available for this year.$0.00$9.70$9.70$0.00$19.7$19.7
2021Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 5, 2025
Return Version
2023v6.0
Gross Receipts
$20,884
Mission and Program Overview

Mission

Cpc norfolk hdfc mission is to provide affordable housing for low income communities.

Program Services

DescriptionGrantsExpenses
CPC NORFOLK HDFC MISSION IS TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME COMMUNITIES.$0$11,611
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WAYNE HOPresident & CEO-$0--
JAY LAUVice Chair-$0--
HOWARD CHINChair-$0--
FLORA SIDirector-$0--
EDDIE MODirector-$0--
CHESTER LEEDirector-$0--
CALVIN CHINDirector-$0--
VERONICA TSANGDirector-$0--
ALICE WONGVice President-$0--
LILLIAN ZHAOController-$0--
ANTHONY FULLINGTONCFO (Outgoing)-$0--
LUTHER FLURRYCFO (Incoming)-$0--
Filing and Contact Details

Filer

Filer Name
Cpc Norfolk Senior Housing Development
EIN
85-3898514
Phone
2127925319
Address
45 SUFFOLK STREET, NEW YORK, NY 10002

Signing Officer

Name
Wayne Ho
Title
President & CEO
Phone
2129410920
Signed
2025-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Cbiz Advisors LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: other income. Amount: 884.”

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

“Description: due to related entity. Beg. Of year amount: 37,087. End of year amount: 28,698.”

Raw XML Appendix203 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/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10CFO (OUTGOING)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11CFO (INCOMING)
IRS990EZ/OperateHospitalInd00
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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/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE HO
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-05
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ReturnHeader/ReturnTs02025-05-15T15:59:57-05:00
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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