MARKUS GARDENS HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MARKUS GARDENS HOUSING DEVELOPMENT FUND CORPORATION (EIN 45-4735722)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-14
- IRS object ID
- 202541349349313614
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-14T22:39:50-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331374517 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MAMARONECK AVENUE SUITE 301 | AddressLine1Txt |
| City | HARRISON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 105281633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454735722 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKUS GARDENS HOUSING DEVELOPMENT FUND | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARK | BusinessNameControlTxt |
| Phone | 2122748558 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 254 WEST 31ST STREET 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL K JOHANSSON | PersonNm |
| Person Title | EXECUTIVE VP & CEO | PersonTitleTxt |
| Phone | 2122748558 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH CONNOLLY | PreparerPersonNm |
| PTIN | P01959750 | PTIN |
| Phone | 9143818900 | PhoneNum |
| Preparation | 2025-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL K JOHANSSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 254 WEST 31ST STREET 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,031,064 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ACMHNYC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2012 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | ASSIST IN DEVELOPMENT AND CONSTRUCTION OF LOW INCOME HOUSING FOR PERSONS WITH MENTAL ILLNESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $859,321 | PYContributionsGrantsAmt |
| CY Contributions Grants | $859,321 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $171,745 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $171,743 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,031,066 | PYTotalRevenueAmt |
| CY Total Revenue | $1,031,064 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $343,593 | PYOtherExpensesAmt |
| CY Other Expenses | $324,832 | CYOtherExpensesAmt |
| PY Total Expenses | $343,593 | PYTotalExpensesAmt |
| CY Total Expenses | $324,832 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $687,473 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $706,232 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,885,370 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,057,113 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,128,977 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,594,488 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,756,393 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,462,625 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DEVELOPMENT AND CONSTRUCTION OF LOW INCOME HOUSING FOR PERSONS WITH MENTAL ILLNESS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $323,332 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $171,743 | RevenueAmt |
| Desc | 68 UNIT AFFORDABLE HOUSING PROJECT FOR LOW INCOME PERSONS WITH MENTAL ILLNESS. | Desc |
| Total Program Service Expenses | $323,332 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIEL K JOHANSSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122748558 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 254 WEST 31ST STREET 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| AMY S HOFFMAN MD | |||||||
| PRESIDENT | 0.10 | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT JUDEM-CAUTIN LCSW | |||||||
| SECRETARY | 0.10 | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES B CLOONAN CFP | |||||||
| TREASURER | 0.10 | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ILSE HOFFMAN CPA | |||||||
| TREASURER THRU 04/2024 | 0.10 | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PETER BALDONADO LCSW | |||||||
| DIRECTOR | 0.10 | 2.50 | Yes (X) | $0 | $0 | $0 | |
| DANIEL B GERARD | |||||||
| DIRECTOR | 0.10 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| ALEXANDER KHANDJI MD | |||||||
| DIRECTOR | 0.10 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| KENNETH MERLO ESQ | |||||||
| DIRECTOR | 0.10 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| RICHARD ROBERTS JD | |||||||
| DIRECTOR | 0.10 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| AYANNA D OLIVER TAYLOR | |||||||
| DIRECTOR THRU 06/2024 | 0.10 | 1.50 | Yes (X) | $0 | $0 | $0 | |
| DANIEL K JOHANSSON | |||||||
| EXECUTIVE VP & CEO | 1.00 | 39.00 | Yes (X) | $0 | $326,685 | $142,684 | |
| BHASKAR SAHNI | |||||||
| DIR. FINANCE & ADMIN | 10.00 | 30.00 | Yes (X) | $0 | $149,683 | $19,038 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $476,368 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $161,722 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $859,321 | GovernmentGrantsAmt |
| Total Contributions | $859,321 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRI-INTEREST | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $171,743 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $171,743 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $171,743 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,031,064 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $171,743 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500 | TotalAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,332 | TotalAmt |
| Program Services | $323,332 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,832 | TotalAmt |
| Program Services | $323,332 | ProgramServicesAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000 | BOYAmt |
| EOY | $1,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,533,995 | BOYAmt |
| EOY | $15,705,738 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,350,375 | BOYAmt |
| EOY | $2,350,375 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,885,370 | BOYAmt |
| EOY | $18,057,113 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500 | BOYAmt |
| EOY | $3,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,127,477 | BOYAmt |
| EOY | $8,591,488 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,128,977 | BOYAmt |
| EOY | $8,594,488 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,756,393 | BOYAmt |
| EOY | $9,462,625 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,756,393 | BOYAmt |
| EOY | $9,462,625 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,885,370 | BOYAmt |
| EOY | $18,057,113 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $706,232 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPONSOR LOAN RECEIVABLE | Desc |
| Book Value | $15,705,738 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $15,705,738 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM RELATED PARTY | Desc |
| Book Value | $2,350,375 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,350,375 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $47,439,526 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $47,409,830 | OtherRevenueAmt |
| Revenue Not Reported | $47,409,830 | RevenueNotReportedAmt |
| Revenue Subtotal | $29,696 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,001,368 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,001,368 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,031,064 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $48,232,767 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $48,909,303 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $48,909,303 | ExpensesNotReportedAmt |
| Expenses Subtotal | -$676,536 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,001,368 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,001,368 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $324,832 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIOD PRIOR TO JUNE 30, 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUE FROM CONSOLIDATED RELATED ORGANIZATIONS 47,409,830. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ELIMINATIONS FROM CONSOLIDATED FINANCIAL STATEMENTS 678,036. RECLASS OF INTEREST EXPENSE REPORTED ON PART IX, LINE 16 323,332. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES FROM CONSOLIDATED RELATED ORGANIZATIONS 48,909,303. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ELIMINATIONS FROM CONSOLIDATED FINANCIAL STATEMENTS 678,036. RECLASS OF INTEREST EXPENSE REPORTED ON PART IX, LINE 16 323,332. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DANIEL K JOHANSSON | ||||||||||||||
| EXECUTIVE VP & CEO | $0 | $326,685 | $0 | $0 | $0 | $0 | $0 | $81,692 | $0 | $60,992 | $0 | $469,369 | $0 | $0 |
| BHASKAR SAHNI | ||||||||||||||
| DIR. FINANCE & ADMIN | $0 | $149,683 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,038 | $0 | $168,721 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | A RELATED PARTY, ACMH INC., COMPENSATES THE CEO. THE FOLLOWING IS THE PROCESS FOR HOW IT DETERMINED HIS COMPENSATION. A COMPENSATION COMMITTEE OF THE BOARD REVIEWED COMPARABLE DATA FROM THE 990S OF SIMILAR ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION OF DELIBERATIONS AND DECISION BY THE COMMITTEE AND FULL GOVERNING BODY IS ON FILE. THIS WAS LAST UNDERTAKEN IN JULY 2023. |
| PART I, LINE 4B | DANIEL K. JOHANSSON PARTICIPATES IN A 457F. DURING CALENDAR YEAR 2023 $51,267 WAS CONTRIBUTED TO THE PLAN. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | AMY S. HOFFMAN, MD AND ILSE HOFFMAN, CPA HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF THE CORPORATION IS ACMH INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE DIRECTORS SHALL BE APPOINTED AT THE ANNUAL MEETING OF THE MEMBER. A VACANCY ON THE BOARD ARISING AT ANY TIME AND FROM ANY CAUSE MAY BE FILLED FOR THE UNEXPIRED TERM BY THE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7B | ANY DIRECTOR MAY BE REMOVED WITH OR WITHOUT CAUSE BY THE MEMBER. THE MEMBER MAY DIRECT HOW THE FUNDS OF THE CORPORATION ARE INVESTED. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS COMPLETED BY AN OUTSIDE ACCOUNTANT AND IS PROVIDED TO MANAGEMENT FOR ITS REVIEW. ANY COMMENTS ARISING FROM THE REVIEW ARE DISCUSSED AND IF REQUIRED, CHANGES ARE MADE. THE 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12 | THE ORGANIZATION FOLLOWS THE CONFLICT OF INTEREST OF ITS RELATED PARENT ORGANIZATION, ACMH INC. THE FOLLOWING IS ACMH'S POLICY. ANNUAL CONFLICT OF INTEREST POLICIES ARE PROVIDED TO ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. THE BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE REQUESTED TO NOTE ANY KNOWN CONFLICT OF INTEREST OR CHANGES FROM THE PRIOR YEAR. THE EXECUTIVE VICE PRESIDENT AND CHAIR OF THE AUDIT COMMITTEE REVIEW THE DISCLOSURES ANNUALLY. ANY CONFLICTS WILL BE REPORTED TO THE BOARD, AND THE INDIVIDUAL INVOLVED WILL RECUSE THEMSELVES FROM VOTING RELATED TO THE CONFLICT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON THE NYS CHARITIES BUREAU WEBSITE, ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ACMH BUILDING 74 HOUSING DEVELOPMENT FUND CORPORATION | |||||||||||
| 254 WEST 31ST ST 9TH FLOOR | NEW YORK | NY | 10001 | 273346703 | HOUSING | NY | 501(C)(4) | ACMH INC | 0 | ||
| ACMH E 144TH STREET HOUSING DEVELOPMENT FUND CORPORATION | |||||||||||
| 254 WEST 31ST ST 9TH FLOOR | NEW YORK | NY | 10001 | 454732516 | HOUSING | NY | 501(C)(4) | ACMH INC | 0 | ||
| ACMH INC | |||||||||||
| 254 WEST 31ST ST 9TH FLOOR | NEW YORK | NY | 10001 | 237293784 | HOUSING | NY | 501(C)(3) | 0 | LINE 7 | N/A | |
| ARMI HOUSING CORPORATION | |||||||||||
| 254 WEST 31ST ST 9TH FLOOR | NEW YORK | NY | 10001 | 133652630 | HOUSING | NY | 501(C)(3) | ACMH INC | 0 | LINE 10 | |
| ARMI WASHINGTON HEIGHTS HOUSING CORPORATION | |||||||||||
| 254 WEST 31ST ST 9TH FLOOR | NEW YORK | NY | 10001 | 133687895 | HOUSING | NY | 501(C)(3) | ACMH INC | 0 | LINE 7 | |
| ACMH CONVENT AVENUE RESIDENCE HOUSING DEVELOPMENT FUND | |||||||||||
| 254 WEST 31ST ST 9TH FLOOR | NEW YORK | NY | 10001 | 834697002 | HOUSING | NY | 501(C)(4) | ACMH INC | 0 | ||
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|---|
| ACMH BUILDING 74 LP | ||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 273346933 | HOUSING | NY | ACMH BUILDING 74 GP INC | RELATED | 0 | 0 |
| MARKUS GARDENS LP | ||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 454746499 | HOUSING | NY | MARKUS GARDENS GP INC | RELATED | 0 | 0 |
| ACMH E 144TH STREET LP | ||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 454735339 | HOUSING | NY | ACMH E 144TH STREET GP INC | RELATED | 0 | 0 |
| CONVENT AVENUE RESIDENCE LP | ||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 263413076 | HOUSING | NY | ACMH CONVENT AVENUE RESIDENCE GP INC | RELATED | 0 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARKUS GARDENS GP INC | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 454747276 | HOUSING | NY | MARKUS GARDENS HDFC | C | 1.00000 | Yes (1) | ||
| ACMH E 144TH STREET GP INC | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 454747062 | HOUSING | NY | ACMH E 144TH STREET HDFC | C | 1.00000 | 0 | ||
| ACMH BUILDING 74 GP INC | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 273346799 | HOUSING | NY | ACMH BUILDING 74 HDFC | C | 1.00000 | 0 | ||
| ACMH RYER HOUSING DEVELOPMENT FUND CORP | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 822082668 | HOUSING | NY | ACMH INC | C | 1.00000 | 0 | ||
| ACMH WILFRID HOUSING DEVELOPMENT FUND CORP | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 814614628 | HOUSING | NY | ACMH INC | C | 1.00000 | 0 | ||
| ACMH THIRD AVENUE HOUSING DEVELOPMENT FUND CORP | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 814635710 | HOUSING | NY | ACMH INC | C | 1.00000 | 0 | ||
| ACMH CONVENT AVENUE RESIDENCE GP INC | ||||||||||||
| 254 WEST 31ST STREET 9TH FLOOR | NEW YORK | NY | 10001 | 301002594 | HOUSING | NY | ACMH CONVENT AVENUE RESIDENCE HDFC | C | 1.00000 | 0 | $251 | $999,238 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |