ACTORS FUND HOUSING DEVELOPMENT CORPORATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ACTORS FUND HOUSING DEVELOPMENT CORPORATION (EIN 80-0522071)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-21
- IRS object ID
- 202112949349300421
- 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 | 2021-10-21T09:37:12-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | 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 | 800522071 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACTORS FUND HOUSING DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACTO | BusinessNameControlTxt |
| Phone | 2122217300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 729 SEVENTH AVENUE 10TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CONNIE YOO | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2122217300 | PhoneNum |
| Signature | 2021-10-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CONNIE | PersonFirstNm |
| Person Last | YOO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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 | JOSEPH BENINCASA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 729 SEVENTH AVENUE 10TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,685,702 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | ACTORSFUND.ORG/HOUSING-DEVELOPMENT-CORPORATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO DEVELOP AFFORDABLE HOUSING FOR THE PERFORMING ARTS & ENTERTAINMENT COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $776,964 | PYContributionsGrantsAmt |
| CY Contributions Grants | $852,963 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,469,452 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,832,297 | CYProgramServiceRevenueAmt |
| PY Investment Income | $448,858 | PYInvestmentIncomeAmt |
| CY Investment Income | $442 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,695,274 | PYTotalRevenueAmt |
| CY Total Revenue | $3,685,702 | 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 | $140,774 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,540,922 | PYOtherExpensesAmt |
| CY Other Expenses | $3,090,491 | CYOtherExpensesAmt |
| PY Total Expenses | $3,540,922 | PYTotalExpensesAmt |
| CY Total Expenses | $3,231,265 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $154,352 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $454,437 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,640,627 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,219,910 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,133,280 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,258,126 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$3,492,653 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$3,038,216 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO DEVELOP AFFORDABLE HOUSING FOR THE PERFORMING ARTS COMMUNITY THAT IMPROVES LIVES, FOSTERS ECONOMIC DEVELOPMENT AND REVITALIZES COMMUNITIES. (CONTINUED IN SCHEDULE O).AFHDC EDUCATES THE PERFORMING ARTS AND ENTERTAINMENT COMMUNITY ABOUT AFFORDABLE HOUSING AND THE APPLICATION PROCESS AND WORK WITH DEVELOPERS AND GOVERNMENT ENTITIES TO INCREASE AFFORDABLE HOUSING OPPORTUNITIES FOR ARTS WORKERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,004,872 | ExpenseAmt |
| Revenue | $1,545,718 | RevenueAmt |
| Desc | THE DOROTHY ROSS FRIEDMAN RESIDENCE, LOCATED AT 475 WEST 57TH STREET IN NEW YORK CITY, HAS 178 SHARED RESIDENTIAL UNITS PROVIDING SUPPORTIVE HOUSING TO SPECIAL LOW-INCOME GROUPS INCLUDING SENIORS, WORKING PROFESSIONALS AND PEOPLE LIVING WITH HIV/AIDS. ON-SITE SOCIAL SERVICES ARE PROVIDED, INCLUDING INFORMATION AND REFERRAL TO COMMUNITY RESOURCES, ENTITLEMENT PROGRAM ADVOCACY, COORDINATION OF HOME CARE AND MEDICAL SERVICES, OUTREACH, HEALTH EDUCATION, SUPPORT GROUPS. FOR MORE INFORMATION, PLEASE VISIT - HTTPS://ACTORSFUND.ORG/SERVICES-AND-PROGRAMS/DOROTHY-ROSS-FRIEDMAN-RESIDENCE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $184,193 | ExpenseAmt |
| Revenue | $1,286,562 | RevenueAmt |
| Desc | A SUBSIDIARY OF THE ACTORS FUND, AFHDC WAS CREATED TO DEVELOP NEW AFFORDABLE HOUSING FOR THE PERFORMING ARTS AND ENTERTAINMENT COMMUNITY. OUR HOUSING PORTFOLIO CONSISTS OF 558 UNITS SPANNING FOUR MAJOR DEVELOPMENTS, ALL OF WHICH ARE CONNECTED TO SUPPORTIVE SERVICES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $81 | ExpenseAmt |
| Revenue | $17 | RevenueAmt |
| Desc | THE PALM VIEW, LOCATED AT 980 NORTH PALM, IS A 40-UNIT APARTMENT COMPLEX THAT PROVIDES HOMES TO LOW-INCOME PEOPLE WITH DISABILITIES OR WHO ARE LIVING WITH HIV/AIDS IN WEST HOLLYWOOD, CALIFORNIA. FOR MORE INFORMATION, PLEASE VISIT - HTTPS://ACTORSFUND.ORG/SERVICES-AND-PROGRAMS/PALM-VIEW. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,189,146 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | 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 | 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 | Yes (1) | 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 | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| 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 | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | 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 | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| 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 | CONNIE YOO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122217300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 729 SEVENTH AVENUE 10TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 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 |
|---|---|---|---|---|---|---|---|
| JOSEPH BENINCASA | |||||||
| PRESIDENT | 10.00 | 40.00 | Yes (X) | Yes (X) | $0 | $469,315 | $101,830 |
| BARBARA DAVIS | |||||||
| SECRETARY | 10.00 | 40.00 | Yes (X) | Yes (X) | $0 | $278,326 | $80,653 |
| CONNIE YOO | |||||||
| TREASURER | 10.00 | 40.00 | Yes (X) | Yes (X) | $0 | $250,981 | $87,574 |
| ROBERT WANKEL | |||||||
| CHAIRMAN | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ABBY HAMLIN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ROCCO LANDESMAN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEWART LANE | |||||||
| DIRECTOR (AS OF 02/2020) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ANTHONY MARCHETTA | |||||||
| DIRECTOR (AS OF 02/2020) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| KEITH MCNUTT | |||||||
| VICE PRESIDENT (AS OF 02/2020) | 10.00 | 40.00 | Yes (X) | Yes (X) | $0 | $188,703 | $53,783 |
| WENDY ROWDEN | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID STEINER | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID WALSH | |||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEVE WEISS | |||||||
| DIRECTOR (AS OF 02/2020) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID WHITE | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,187,325 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $323,840 | 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 |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BREAKING GROUND MANAGEMENT | |||||
| 505 8TH AVENUE | NEW YORK | NY | 10018 | MANAGEMENT | $888,828 |
| ALLIED UNIVERSAL SECURITY SERVICES | |||||
| 161 WASHINGTON ST | CONSHOHOCKEN | PA | 19428 | SECURITY | $289,596 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $852,963 | RelatedOrganizationsAmt |
| Total Contributions | $852,963 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TENANT RENTAL REVENUE | 900099 | $1,545,735 | $1,545,735 |
| DEVELOPERS FEE INCOME | 900099 | $1,194,059 | $1,194,059 |
| FEE FOR SERVICE INCOME | 900099 | $92,503 | $92,503 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,832,297 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $442 | TotalRevenueColumnAmt |
| Exclusion | $442 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,685,702 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,832,297 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $442 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,109 | TotalAmt |
| Program Services | $118,109 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,293 | TotalAmt |
| Program Services | $6,293 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967 | TotalAmt |
| Program Services | $967 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,405 | TotalAmt |
| Program Services | $15,405 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $891,468 | TotalAmt |
| Program Services | $891,468 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,852 | TotalAmt |
| Program Services | $47,723 | ProgramServicesAmt |
| Management And General | $21,129 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,000 | TotalAmt |
| Management And General | $20,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,091 | TotalAmt |
| Program Services | $4,091 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,025 | TotalAmt |
| Program Services | $163,406 | ProgramServicesAmt |
| Management And General | $619 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,185 | TotalAmt |
| Program Services | $13,035 | ProgramServicesAmt |
| Management And General | $150 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $598,297 | TotalAmt |
| Program Services | $598,297 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,019 | TotalAmt |
| Program Services | $5,019 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221 | TotalAmt |
| Management And General | $221 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,513 | TotalAmt |
| Program Services | $43,513 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $762,982 | TotalAmt |
| Program Services | $762,982 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,875 | TotalAmt |
| Program Services | $162,875 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| SECURITY | $340,654 | $340,654 |
| BAD DEBT EXPENSE | $15,309 | $15,309 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,231,265 | TotalAmt |
| Program Services | $3,189,146 | ProgramServicesAmt |
| Management And General | $42,119 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $451,622 | BOYAmt |
| EOY | $515,697 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,344 | BOYAmt |
| EOY | $103,786 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,093 | BOYAmt |
| EOY | $130,338 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,378 | BOYAmt |
| EOY | $58,987 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $22,639,655 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,228,553 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,992,190 | BOYAmt |
| EOY | $16,411,102 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,640,627 | BOYAmt |
| EOY | $17,219,910 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,667 | BOYAmt |
| EOY | $226,329 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,968 | BOYAmt |
| EOY | $38,638 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,783,424 | BOYAmt |
| EOY | $19,730,463 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,221 | BOYAmt |
| EOY | $262,696 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,133,280 | BOYAmt |
| EOY | $20,258,126 | 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 | -$3,492,653 | BOYAmt |
| EOY | -$3,038,216 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$3,492,653 | BOYAmt |
| EOY | -$3,038,216 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,640,627 | BOYAmt |
| EOY | $17,219,910 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $454,437 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $765,650 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $766,787 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $821,746 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $776,964 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $852,963 | CurrentTaxYearAmt |
| Total | $3,984,110 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $765,650 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $766,787 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $821,746 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $776,964 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $852,963 | CurrentTaxYearAmt |
| Total | $3,984,110 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $3,984,110 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $446 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,012 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,011 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $448,858 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $442 | CurrentTaxYearAmt |
| Total | $452,769 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $4,436,879 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $9,658,672 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.89800 | PublicSupportCY170Pct |
| Public Support PY170 | 0.89720 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 C IRS990ScheduleC
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $3,231,265 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $3,231,265 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $311,563 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $77,891 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $295,963 | CurrentYearMinus3Amt |
| Current Year Minus2 | $306,524 | CurrentYearMinus2Amt |
| Current Year Minus1 | $327,046 | CurrentYearMinus1Amt |
| Current Year | $311,563 | CurrentYearAmt |
| Total | $1,241,096 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,861,644 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $73,991 | CurrentYearMinus3Amt |
| Current Year Minus2 | $76,631 | CurrentYearMinus2Amt |
| Current Year Minus1 | $81,762 | CurrentYearMinus1Amt |
| Current Year | $77,891 | CurrentYearAmt |
| Total | $310,275 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $465,413 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE C, PART II-A: | FormAndLineReferenceDesc |
| Explanation | THE ACTORS FUND HOUSING DEVELOPEMENT CORPORATION DID NOT ENGAGE IN ANY LOBBYING ACTIVITIES IN CALENDAR YEAR 2020. THE ORGANIZATION IS SOLELY FILING A SCHEDULE C BECAUSE IT PREVIOUSLY MADE THE 501(H) LOBBYING ELECTION AND IS REQUIRED TO FILE THE SCHEDULE C ACCORDINGLY. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,500,050 | OtherCostOrOtherBasisAmt |
| Book Value | $3,500,050 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,152,297 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,782,529 | DepreciationAmt |
| Book Value | $12,369,768 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $844,575 | OtherCostOrOtherBasisAmt |
| Depreciation | $392,043 | DepreciationAmt |
| Book Value | $452,532 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $142,733 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,981 | DepreciationAmt |
| Book Value | $88,752 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,411,102 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PAYCHECK PROTECTION PROGRAM FORGIVABLE LOAN | $145,975 |
| OTHER LIABILITIES | $116,721 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $262,696 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION DOES NOT RECEIVE ITS OWN STANDALONE FINANCIAL STATEMENTS; ITS FINANCIAL OPERATIONS ARE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF ITS RELATED ENTITY, THE ACTOR'S FUND OF AMERICA. THE BELOW FIN-48 FOOTNOTE IS REPORTED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. UNDER THE ASC TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, GUIDANCE WAS ISSUED WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS STANDARD PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE STANDARD ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE ACTORS FUND DOES NOT BELIEVE IT HAS ANY UNCERTAIN TAX POSITIONS. THE ACTORS FUND HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO REVIEW OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. | ExplanationTxt |
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 (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOSEPH BENINCASA | ||||||||||||||
| PRESIDENT | $0 | $388,915 | $0 | $0 | $0 | $80,400 | $0 | $70,755 | $0 | $31,075 | $0 | $571,145 | $0 | $0 |
| BARBARA DAVIS | ||||||||||||||
| SECRETARY | $0 | $269,926 | $0 | $0 | $0 | $8,400 | $0 | $49,571 | $0 | $31,082 | $0 | $358,979 | $0 | $0 |
| CONNIE YOO | ||||||||||||||
| TREASURER | $0 | $242,581 | $0 | $0 | $0 | $8,400 | $0 | $41,029 | $0 | $46,545 | $0 | $338,555 | $0 | $14,001 |
| KEITH MCNUTT | ||||||||||||||
| VICE PRESIDENT (AS OF 02/2020) | $0 | $177,074 | $0 | $0 | $0 | $11,629 | $0 | $27,623 | $0 | $26,160 | $0 | $242,486 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | ACTORS FUND HOUSING DEVELOPMENT CORPORATION ("AFHDC") DOES NOT COMPENSATE ANY OF THE INDIVIDUALS REPORTED IN SCHEDULE J OF THE FORM 990; COMPENSATION REPORTED IN THAT SCHEDULE IS PAID BY ITS PARENT ORGANIZATION, THE ACTORS' FUND OF AMERICA ("AFA"). SINCE AFHDC DOES NOT PROVIDE ANY COMPENSATION, SCHEDULE J, PART I, QUESTION 3 IS LEFT BLANK. FOR MORE INFORMATION ABOUT THE PROCEDURES EMPLOYED TO DETERMINE THE COMPENSATION OF THE INDIVIDUALS REPORTED ON THE AFHDC FORM 990, PLEASE REFER TO SCHEDULE J OF THE AFA FORM 990. |
| PART I, LINE 4B | FOR THE YEAR ENDING DECEMBER 31, 2020, PRESIDENT & CEO, CHIEF OPERATING OFFICER, AND CHIEF FINANCIAL OFFICER PARTICIPATED IN THE RELATED ORGANIZATION'S SUPPLEMENTAL 457(F)NONQUALIFIED RETIREMENT PLAN. SECTION 457(F) DEFERRALS FOR THESE INDIVIDUALS WERE $29,201, $8,384, AND $2,221. RESPECTIVELY AND ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C). |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| GENERAL STATEMENT REGARDING IMPACT OF COVID-19: | IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED COVID-19, THE DISEASE CAUSED BY THE NOVEL CORONAVIRUS, A PANDEMIC, WHICH STARTED TO AND CONTINUES TO SPREAD THROUGHOUT THE UNITED STATES. AS A RESULT OF THE COVID-19 PANDEMIC, BROADWAY, AND FILM AND TELEVISION, THEATER, CONCERTS, DANCE, MUSIC AND MANY OTHER AREAS OF ENTERTAINMENT WERE SHUTDOWN. THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION HAS PARTNERED WITH OTHER ENTERTAINMENT INDUSTRY ORGANIZATIONS TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE GRANTS TO THOSE IN IMMEDIATE FINANCIAL NEED. ADDITIONALLY, IN RESPONSE TO THE PANDEMIC, THE ACTORS FUND INCURRED ADDITIONAL COSTS FOR TESTING, PERSONAL PROTECTIVE EQUIPMENT, AND OTHER OPERATING COSTS ASSOCIATED WITH ENSURING EMPLOYEE AND RESIDENT SAFETY WHILE OPERATING DURING THE PANDEMIC. ON AUGUST 13, 2020, THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION WAS GRANTED A PPP LOAN IN THE AGGREGATE AMOUNT OF $145,975, PURSUANT TO THE SMALL BUSINESS ADMINISTRATION PAYCHECK PROTECTION PROGRAM (THE "SBA PPP") UNDER THE CARES ACT, WHICH WAS ENACTED MARCH 27, 2020. THE PPP LOAN BEARS INTEREST AT A RATE OF 1% PER ANNUM, PAYABLE MONTHLY COMMENCING ON NOVEMBER 1, 2020. FUNDS FROM THE LOAN MAY ONLY BE USED FOR PAYROLL COSTS, COSTS USED TO CONTINUE GROUP HEALTH CARE BENEFITS, MORTGAGE PAYMENTS, RENT, AND UTILITIES. THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION USED THE ENTIRE LOAN AMOUNT FOR QUALIFYING EXPENSES. UNDER THE TERMS OF THE SBA PPP, CERTAIN AMOUNTS OF THE LOAN MAY BE FORGIVEN IF THEY ARE USED FOR QUALIFYING EXPENSES AS DESCRIBED IN THE CARES ACT. THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION ANTICIPATES RECEIVING FULL FORGIVENESS OF ITS PPP LOAN. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ACTORS FUND HOUSING DEVELOPMENT CORPORATION IS THE SOLE CORPORATE MEMBER OF FRIEDMAN RESIDENCE LLC (SEE SCHEDULE R). THE BUILDING OWNED BY THIS DISREGARDED ENTITY IS MANAGED BY BREAKING GROUND MANAGEMENT COMPANY, AN UNRELATED THIRD PARTY. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR DISCUSSION AND COMMENT. EACH DIRECTOR WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ACTORS FUND HOUSING DEVELOPMENT CORPORATION ("AFHDC") HAS A CONFLICT OF INTEREST POLICY WRITTEN IN THE BY-LAWS, AND ALL OFFICERS AND DIRECTORS ARE REQUIRED TO SUBMIT THE CONFLICT OF INTEREST POLICY FORM ON AN ANNUAL BASIS AT A MINIMUM. ALL INDIVIDUALS ARE REQUIRED TO INFORM THE ORGANIZATION WHEN A CONFLICT OF INTEREST CIRCUMSTANCE ARISES SO THAT IT CAN BE RESOLVED IMMEDIATELY AND CORRECTIVE ACTION TAKEN IF NECESSARY. FORM 990, PART VI, SECTION B, LINES 13 & 14: ACTORS FUND HOUSING DEVELOPMENT CORPORATION ("AFHDC") OPERATES UNDER THE WHISTLEBLOWER AND DOCUMENT RETENTION POLICY OF ITS PARENT ORGANIZATION, THE ACTORS' FUND OF AMERICA. |
| FORM 990, PART VI, SECTION C, LINE 19 | ACTORS FUND HOUSING DEVELOPMENT CORPORATION'S FORM 990 AND FINANCIAL STATEMENTS ARE POSTED ON THE WEBSITE OF ITS PARENT ORGANIZATION, THE ACTORS FUND. THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| FRIEDMAN RESIDENCE LLC | |||||||||
| 729 SEVENTH AVENUE FLOOR 10 | NEW YORK | NY | 10019 | 454730907 | HOUSING | NY | $2,348,541 | $17,518,960 | AFHDC |
| ACTORS FUND - CARNEGIE LLC | |||||||||
| 729 SEVENTH AVENUE FLOOR 10 | NEW YORK | NY | 10019 | 800522071 | REAL ESTATE | NY | $15,000 | $0 | AFHDC |
| ACTORS FUND - ASHLAND LLC | |||||||||
| 729 SEVENTH AVENUE FLOOR 10 | NEW YORK | NY | 10019 | 464280044 | REAL ESTATE | NY | $15,000 | $0 | AFHDC |
| ACTORS FUND 980 NORTH PALM LLC | |||||||||
| 5757 WILSHIRE BLVD SUITE 400 | LOS ANGLES | CA | 90036 | 831186000 | HOUSING | CA | $0 | $0 | AFHDC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ACTORS' FUND OF AMERICA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 729 SEVENTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131635251 | EIN |
| Primary Activities | HUMAN SERVICE | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 980 NORTH PALM LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5757 WILSHIRE BLVD STE 400 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 320572911 | EIN |
| Primary Activities | HOUSING | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Share Of Total Income | $17 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $652 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.00010 | OwnershipPct |
| 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 | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | 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 | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ACTORS' FUND OF AMERICA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $852,963 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |