MHANY PENINSULA LOCAL DEVELOPMENT CORPORATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MHANY PENINSULA LOCAL DEVELOPMENT CORPORATION (EIN 32-0575794)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-04
- IRS object ID
- 202103089349304205
- Schema version
- 2020v4.1
- 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 | 2021-11-04T16:13:35-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 SYLVAN WAY | AddressLine1Txt |
| City | PARSIPPANY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 070543801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 320575794 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MHANY PENINSULA LOCAL DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MHAN | BusinessNameControlTxt |
| Phone | 7182468080 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 VANDERBILT AVE 9TH FLOOR | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11238 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ISMENE SPELIOTIS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7182468080 | PhoneNum |
| Signature | 2021-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ISMENE | PersonFirstNm |
| Person Last | SPELIOTIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI ROTHE YOKOBOSKY CPA | PreparerPersonNm |
| PTIN | P01273422 | PTIN |
| Phone | 9732283500 | PhoneNum |
| Preparation | 2021-11-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ISMENE SPELIOTIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 VANDERBILT AVE 9TH FLOOR | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11238 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $0 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2018 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | DEVELOP, ON A NON PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $12,996 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $12,996 | PYTotalRevenueAmt |
| CY Total Revenue | $0 | 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 | $10 | PYOtherExpensesAmt |
| CY Other Expenses | $16,064 | CYOtherExpensesAmt |
| PY Total Expenses | $10 | PYTotalExpensesAmt |
| CY Total Expenses | $16,064 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $12,986 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$16,064 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,146,292 | TotalAssetsBOYAmt |
| Total Assets EOY | $43,090,941 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $11,133,306 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,094,019 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,986 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$3,078 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DEVELOP, ON A NON PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,478 | ExpenseAmt |
| Desc | EXPENSES WERE INCURRED FOR THE MAINTENANCE OF A HOUSING PROJECT DEVELOPED FOR THE BENEFIT OF PERSONS OF LOW INCOME. | Desc |
| Total Program Service Expenses | $1,478 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| 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 | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | 0 | 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 | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| 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 | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARTHUR SWARTZ CO NORWAX ASSOCIATES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9142370600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1046 MCLEAN AVE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (3 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 |
|---|---|---|---|---|---|---|---|
| DOROTHY AMADI | |||||||
| SECRETARY | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JULUA BOYD | |||||||
| PRESIDENT | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| NATALIE BROWN | |||||||
| TREASURER | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,586 | TotalAmt |
| Management And General | $14,586 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,468 | TotalAmt |
| Program Services | $1,468 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10 | TotalAmt |
| Program Services | $10 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,064 | TotalAmt |
| Program Services | $1,478 | ProgramServicesAmt |
| Management And General | $14,586 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,606 | BOYAmt |
| EOY | $7,434,524 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,360,628 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,287,447 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $53,374 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,532,970 | BOYAmt |
| EOY | $30,234,073 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,716 | BOYAmt |
| EOY | $61,716 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,146,292 | BOYAmt |
| EOY | $43,090,941 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,094 | BOYAmt |
| EOY | $180,197 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $12,506,563 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,857,862 | BOYAmt |
| EOY | $17,356,739 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,071,350 | BOYAmt |
| EOY | $13,050,520 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,133,306 | BOYAmt |
| EOY | $43,094,019 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,986 | BOYAmt |
| EOY | -$3,078 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,986 | BOYAmt |
| EOY | -$3,078 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,146,292 | BOYAmt |
| EOY | $43,090,941 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$16,064 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $12,996 | CurrentTaxYearMinus1YearAmt |
| Total | $12,996 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $12,996 | CurrentTaxYearMinus1YearAmt |
| Total | $12,996 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS - 2019 AMOUNT: $ 12,996. | ExplanationTxt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $30,287,447 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,374 | DepreciationAmt |
| Book Value | $30,234,073 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,234,073 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO AFFILIATES | $4,856,695 |
| DEVELOPMENT COSTS PAYABLE | $1,196,847 |
| CONSTRUCTION COSTS PAYABLE | $5,725,652 |
| DEFERRED DEVELOPER FEE PAYABLE | $1,271,326 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $13,050,520 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $0 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $0 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $0 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,064 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $16,064 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $16,064 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2020 OR THE PERIOD MAY 22, 2019 (DATE OF ACQUISITION) THROUGH DECEMBER 31, 2019. DUE TO ITS TAX EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND 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 IRS FOR A PERIOD OF THREE YEARS. NO INFORMATIONAL RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION DELEGATES ALL MANAGEMENT RESPONSIBILITIES TO MHANY MANAGEMENT. |
| FORM 990, PART VI, SECTION A, LINE 8B | ORGANIZATION DOES NOT HAVE 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 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 UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MHANY 1999 HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 061548990 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 1999 II HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 113517199 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2002 HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 320007137 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2003 HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 061699117 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2004 HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 830385829 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2005 HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 030555171 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2011 | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 454459387 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2012 HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 455133550 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2012 II HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 455133701 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY 2013 | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 462031952 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY DUMONT HDFC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 834597057 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MHANY MANAGEMENT INC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 721303737 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 7 | 0 | N/A | |
| MHANY STELLA | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 842668403 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| MUTUAL HOUSING ASSOCIATION OF NEW YORK | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 112848938 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
| NEW JERSEY ACORN HOUSING CORPORATION INC | |||||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 202802817 | DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME | NY | 501(C)(3) | LINE 10 | MHANY MANAGEMENT INC | 0 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| 730 ROCKAWAY AVE LP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 510622063 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| 830 FOX STREET LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 204745794 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| 830 FOX STREET MANAGERS LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 204745901 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| ACORN NEW JERSEY STRAIGHT APARTMENTS LP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 208274955 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| BRISTOL HOPKINSON LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 261948194 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| MHANY 3 ASSOCIATES LP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 900127763 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| MHANY 4 ASSOCIATES LP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 800124285 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| MHANY 5 ASSOC LP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 462264308 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| MHANY CORTELYOU LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 822556713 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| MHANY CORTELYOU GP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 301037750 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| MHANY OWNERS 2015 LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 473738767 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| PE2 OWNERS LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 822972738 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
| PHOENIX ESTATES LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 261778302 | INVESTMENT IN LOW-INCOME HOUSING | NY | N/A | 0 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| 1825 ATLANTIC MHANY INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 208927666 | INVESTMENT | NY | N/A | C | 0 |
| 730 ROCKAWAY INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 208446679 | INVESTMENT | NY | N/A | C | 0 |
| 830 FOX STREET HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 010869756 | INVESTMENT | NY | N/A | C | 0 |
| ACORN STRAIGHT APARTMENTS INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 208274707 | INVESTMENT | NY | N/A | C | 0 |
| ACORN BRISTOL HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 412276159 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 2007 HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 900601941 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 2013 HOLDINGS HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 462031952 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 2015 HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 474107386 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 2015 MANAGER INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 473736819 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 3 INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 900127755 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 4 INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 202487336 | INVESTMENT | NY | N/A | C | 0 |
| MHANY 5 INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 721303737 | INVESTMENT | NY | N/A | C | 0 |
| MHANY BRITSOL INC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 412276156 | INVESTMENT | NY | N/A | C | 0 |
| MHANY CORTELYOU HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 821117521 | INVESTMENT | NY | N/A | C | 0 |
| PE2 HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 455133550 | INVESTMENT | NY | N/A | C | 0 |
| PE2 MANAGER LLC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 822972738 | INVESTMENT | NY | N/A | C | 0 |
| PHOENIX ESTATES HDFC | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 061831748 | INVESTMENT | NY | N/A | C | 0 |
| PHOENIX HUNTS POINT CORP | |||||||||
| 470 VANDERBILT AVE 9TH FLOOR | BROOKLYN | NY | 11238 | 262210414 | INVESTMENT | NY | N/A | C | 0 |
| 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 | Yes (1) | 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 | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |