NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION (EIN 91-1884698)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349318529
- Schema version
- 2019v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule K
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T16:09:59-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911884698 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NDC HOUSING & ECONOMIC DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION - GROUP RETURN | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NDCH | BusinessNameControlTxt |
| Phone | 2126821106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA NO 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL MARSH III | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2126821106 | PhoneNum |
| Signature | 2020-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI ROTHE YOKOBOSKY CPA | PreparerPersonNm |
| PTIN | P01273422 | PTIN |
| Phone | 2122970400 | PhoneNum |
| Preparation | 2020-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL MARSH III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA NO 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $90,831,247 | GrossReceiptsAmt |
| Group Return For Affiliates | Yes (1) | GroupReturnForAffiliatesInd |
| All Affiliates Included | Yes (1) | AllAffiliatesIncludedInd |
| Group Exemption | 9219 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NDCONLINE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION'S MISSION IS TO CREATE (CONT. ON SCHEDULE O) QUALITY AFFORDABLE HOUSING FOR THE DISADVANTAGED, TO STIMULATE ECONOMIC DEVELOPMENT AND CREATE JOBS IN LOW INCOME AREAS AND TO ERECT PUBLIC BUILDINGS TO LESSEN THE BURDENS OF GOVERNMENT AND PROMOTE SOCIAL WELFARE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,004,086 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,132,754 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $107,428,707 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $76,832,699 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$335,169 | PYInvestmentIncomeAmt |
| CY Investment Income | -$957,814 | CYInvestmentIncomeAmt |
| PY Other Revenue | $6,796,642 | PYOtherRevenueAmt |
| CY Other Revenue | $11,834,265 | CYOtherRevenueAmt |
| PY Total Revenue | $115,894,266 | PYTotalRevenueAmt |
| CY Total Revenue | $89,841,904 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,100,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,250,000 | 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 | $87,022,696 | PYOtherExpensesAmt |
| CY Other Expenses | $92,607,053 | CYOtherExpensesAmt |
| PY Total Expenses | $89,122,696 | PYTotalExpensesAmt |
| CY Total Expenses | $93,857,053 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $26,771,570 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,015,149 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $984,900,420 | TotalAssetsBOYAmt |
| Total Assets EOY | $943,943,443 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $905,400,755 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $870,438,153 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,499,665 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $73,505,290 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NDC HOUSING AND ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE FOLLOWING CHARITABLE PURPOSES: TO CONSTRUCT NEW AND SUPPORT EXISTING SAFE AND ADEQUATE LOW-INCOME HOUSING FOR DISADVANTAGED PERSONS; THEREBY ASSISTING GENERALLY IN THE ALLEVIATION (CONT. ON SCHEDULE O) OF HOUSING SHORTAGES THROUGHOUT THE UNITED STATES; TO STIMULATE ECONOMIC DEVELOPMENT IN ECONOMICALLY DISTRESSED AREAS OF THE COUNTRY; AND TO ASSIST IN THE ERECTION AND MAINTENANCE OF PUBLIC BUILDINGS, MONUMENTS OR FACILITIES; TO LESSEN THE BURDENS OF GOVERNMENT; AND TO PROMOTE SOCIAL WELFARE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $85,909,641 | ExpenseAmt |
| Revenue | $81,244,525 | RevenueAmt |
| Desc | LESSENING THE BURDENS OF GOVERNMENT:TO ASSIST IN THE ERECTION AND MAINTENANCE OF PUBLIC BUILDINGS, MONUMENTS, FACILITIES, OR WORKS TO LESSEN THE BURDEN OF GOVERNMENT AND TO PROMOTE SOCIAL WELFARE.HEDC ALSO PARTNERS WITH UNITS OF LOCAL GOVERNMENT TO ERECT AND MAINTAIN PUBLIC BUILDINGS, MONUMENTS, FACILITIES, AND WORKS TO "LESSEN THE BURDEN OF GOVERNMENT AND TO PROMOTE SOCIAL WELFARE. IN TOTAL, HEDC HAS DEVELOPED AND FINANCED MORE THAN THIRTY-ONE PROPERTIES COSTING MORE THAN $2.5 BILLION ON BEHALF OF LOCAL GOVERNMENT INCLUDING PUBLIC BUILDINGS AND CITY HALLS, EDUCATIONAL AND MEDICAL RESEARCH FACILITIES, STUDENT HOUSING, PARKING FACILITIES AND OTHER (CONT. ON SCHEDULE O) PUBLIC INFRASTRUCTURE. DURING 2019, HEDC UNDERTOOK THE FOLLOWING PROJECTS UNDER THE MISSION OF LESSENING THE BURDENS OF GOVERNMENT. STATE OF WASHINGTON DATA PROCESSING CENTER (FYI)- OLYMPIA, WA IN 2008, HEDC THROUGH A SPECIAL PURPOSE ENTITY FINANCED AND BUILT A FACILITY FOR THE STATE OF WASHINGTON THAT HOUSES ADMINISTRATIVE OFFICES AND THE STATES DATA PROCESSING CENTER. THE PROJECT CONSISTED OF TWO BUILDINGS THAT ARE OCCUPIED BY STATE AGENCIES. BUILDING ONE IS A FIVE-STORY 202,000 SQUARE FOOT OFFICE BUILDING THAT HOUSES VARIOUS STATE OFFICES AND THE BUILDING TWO IS A TWO STORY 167,000 SQUARE FOOT FACILITY THAT HOUSES THE STATE'S DEPARTMENT OF INFORMATION SERVICES. THE TOTAL COST OF THE PROJECT WAS $376,000,000 AND WAS FINANCED WITH 82-26 TAX EXEMPT BONDS.IN 2019, HEDC REFUNDED THE BONDS TO LOWER THE INTEREST RATE AND THEREBY SIGNIFICANTLY REDUCED THE RENT PAID TO FYI BY THE STATE OF WASHINGTON. COMMUNITY DEVELOPMENT PROPERTIES SCRANTON- SCRANTON, PAIN 2016 HEDC WORKING WITH THE CITY OF SCRANTON SUCCESSFULLY NEGOTIATED A LONG-TERM CONCESSION/LEASE FOR THE CITY OF SCRANTON PARKING SYSTEM, WHICH INCLUDED: 1) FIVE PARKING GARAGES CONTAINING 2,659 SPACES AND APPROXIMATELY 36,000 SF OF RETAIL; 2) 1,479 METERED PARKING SPACES; AND 3) 550 PUBLICLY-LEASED PARKING SPACES. HEDC ASSUMED RESPONSIBILITY FOR THE LEASE, OPERATION, MAINTENANCE AND CAPITAL REPAIR OF THE ENTIRETY OF THE PUBLIC PARKING SYSTEM FOR FORTY YEARS THROUGH ONE OF ITS' SUBSIDIARY CORPORATIONS CDP SCRANTON (CDPS). THE CONSIDERATION AMOUNT GENERATED BY A CONCESSIONAIRE/LEASE AGREEMENT WAS USED BY THE CITY, IN COMBINATION WITH PROCEEDS FROM A GENERAL OBLIGATION ISSUANCE, REDEEM ALL OUTSTANDING DEBT ASSOCIATED WITH THE PARKING AUTHORITY. THIS ALLOWED THE CITY TO BE FREE OF THE ON-GOING LIABILITY AND HAS FREED UP MUNICIPAL REVENUES FOR OTHER CRITICAL NEEDS AND OBLIGATIONS. IN 2017 CDPS CONTINUED ITS WORK WITH THE CITY TO UPGRADE THE GARAGES WITH ENHANCED LIGHTING AND TO IDENTIFY A NEW ON STREET PARKING SYSTEM. IN 2018, CDPS STABILIZED THE FORMERLY BANKRUPT PARKING SYSTEM WHICH IS NOW OPERATING AT A 1.4:1 DEBT COVERAGE RATIO. ADDITIONALLY, CDPS CONTRACTED WITH A FIRM TO DESIGN A NEW AUTOMATED ON-STREET REVENUE COLLECTION SYSTEM THAT WHEN INSTALLED, WILL IMPROVE REVENUE COLLECTION, OPERATING EFFICIENCY AND THE OVERALL CUSTOMER PARKING EXPERIENCE. THE NEW ON-STREET REVENUE CONTROL SYSTEM WAS INSTALLED IN 2019. IN ADDITION, THE CONTRACTS FOR GARAGE RECONSTRUCTION WERE LET AND WORK COMMENCED ON THE DEMOLITION AND IMPROVEMENT OF SELECTED GARAGES. THESE EFFORTS WILL PROVE TO FURTHER THE CITY'S PLAN TO CONTINUE THE REVITALIZATION OF DOWNTOWN SCRANTON. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,881,534 | ExpenseAmt |
| Grant | $1,250,000 | GrantAmt |
| Revenue | $2,879,199 | RevenueAmt |
| Desc | STIMULATE ECONOMIC DEVELOPMENT IN ECONOMICALLY DEPRESSED AREAS:TO INITIATE AND CARRY OUT ACTIVITIES TO STIMULATE ECONOMIC DEVELOPMENT IN THE ECONOMICALLY DEPRESSED AREAS OF THE US. IN PARTICULAR, TO UNDERTAKE ACTIVITIES THAT: - RELIEVE POVERTY AND LESSEN NEIGHBORHOOD TENSION CAUSED BY A LACK OF JOBS IN DETERIORATED AND DEPRESSED AREAS BY PROVIDING TRAINING OPPORTUNITIES FOR THE UNEMPLOYED AND CREATING JOB OPPORTUNITIES FOR DISADVANTAGED GROUPS. - COMBAT COMMUNITY DETERIORATION AND ELIMINATE BLIGHT BY UNDERTAKING ACTIVITIES THAT STIMULATE THE ESTABLISHMENT OF NEW BUSINESSES AMONG DISADVANTAGED GROUPS AND WHICH REHABILITATE AND REVIVE EXISTING BUSINESSES OPERATED BY DISADVANTAGED GROUPS. (CONT. ON SCHEDULE O)HEDC WORKS WITH NONPROFIT ORGANIZATIONS AND SERVICE PROVIDERS AND UNITS OF LOCAL GOVERNMENT TO STIMULATE ECONOMIC DEVELOPMENT IN THE ECONOMICALLY DEPRESSED NEIGHBORHOODS ACROSS THE NATION. WORKING THROUGH THE NEW MARKETS TAX CREDIT PROGRAM AND WITH OTHER FINANCING, HEDC CREATES EMPLOYMENT AND ENTREPRENEURIAL OPPORTUNITIES FOR DISADVANTAGED GROUPS AND INDIVIDUALS, COMBATS COMMUNITY DETERIORATION, AND ELIMINATES SLUM AND BLIGHT THROUGH NEW INVESTMENT IN LOW INCOME COMMUNITIES TO REHABILITATE AND REVITALIZE NEIGHBORHOODS. UNDER THE NEW MARKETS TAX CREDIT (NMTC) PROGRAM, HEDC HAS SPONSORED 94 PROJECTS TOTALING OVER $1.7 BILLION OF NEW INVESTMENT, CREATED OVER 9,000 PERMANENT JOBS FOR DISADVANTAGED INDIVIDUALS, AND BROUGHT BADLY NEEDED GOODS AND SERVICES TO LOW INCOME COMMUNITIES ACROSS AMERICA. IN 2018, HEDC RECEIVED A $50 MILLION ALLOCATION OF NEW MARKETS TAX CREDITS AND AIDED THE FOLLOWING PROJECTS IN 2019: PM FOUNDATION DBA URBAN COMMUNITY SCHOOL CLEVELAND, OH IN 2019, HEDC INVESTED $5 MILLION IN NEW MARKET TAX CREDIT QEI ALONG WITH $9 MILLION FROM PARTICIPATING CDE'S TO PARTIALLY FUND THE ADDITION TO THE URBAN COMMUNITY SCHOOL, A PRIVATE K THROUGH 8 SCHOOL LOCATED IN A LOW-INCOME NEIGHBORHOOD IN CLEVELAND'S NEAR WEST SIDE. THE SCHOOL SERVES 580 STUDENTS, 75% OF WHICH COME FROM FAMILIES WHOSE INCOMES ARE BELOW THE FEDERAL POVERTY LINE. THE ADDITION CONTAINS 35,535 SQUARE FEET FOR CLASSROOMS, OFFICES AND A MEDICAL CLINIC OPERATED BY METRO HEALTH AND EXPERIENCES 84,000 PATIENT VISITS A YEAR. ADDITIONALLY, THE CLEVELAND FOOD BANK WILL OCCUPY 115 SQUARE FEET FOR A FOOD ANNEX AND RECREATION AND STUDENT MENTORING WILL BE ADDED IN 10,000 SQUARE FEET THROUGH A PARTNERSHIP WITH URBAN SQUASH. THE TOTAL PROJECT COST WAS $17,139,949. ROCKY BOY HEALTH CENTER BOX ELDER, MT THE CHIPPEWA CREE TRIBE'S SOVEREIGN LAND IN BOX ELDER, SITUATED IN A REMOTE AREA OF THE STATE OF MONTANA. THE TRIBE'S NEED FOR MEDICAL SERVICES HAS GROW OVER THE YEARS AND THEIR CAPACITY TO PROVIDE QUALITY MEDICAL SERVICES TO ITS MEMBERS WAS HAMPERED BY THE LIMITATIONS EXTANT IN THEIR 43,000 SQUARE FOOT OUTDATED AND CLINICALLY SUBSTANDARD FACILITY. WITH THE HELP OF THE FEDERAL GOVERNMENT AND INDIAN HEALTH SERVICES, THEY DEVELOPED A PLAN TO BUILD, EQUIP AND STAFF A NEW 93,000 SQUARE FOOT STATE OF THE ART MEDICAL FACILITY THAT WILL PROVIDE SERVICES CURRENTLY ONLY AVAILABLE BY A FOUR- HOUR CAR RIDE. THE NEW FACILITY WILL SERVE OVER 1,200 MEMBERS OF THE TRIBE AND THE INFRASTRUCTURE FINANCED THROUGH THIS PROJECT WILL PROVIDE POTABLE WATER TO 300 LOW-INCOME HOMES LOCATED WITHIN THE MIDDLE DRY FORK DEVELOPMENT ZONE. HEDC PROVIDED $7.9 MILLION IN NMTC QEI FOR THIS $44.7 MILLION PROJECT. NDC COMMUNITY IMPACT LOAN FUND (MCI) CLEVELAND, OH AND BROWARD COUNTY, FL THE CAPITAL ACCESS FUND (CAF), RENAMED NDC MULTI-CULTURAL INVESTMENT, IS AN OUTGROWTH OF A FORMER STRATEGIC ALLIANCE BETWEEN NDC CILF, THE NATIONAL URBAN LEAGUE, LOCAL URBAN LEAGUE CHAPTERS AND MORGAN STANLEY TO CREATE ACCESS TO CAPITAL FOR MINORITY COMMUNITIES WHO FACE BARRIERS TO ECONOMIC OPPORTUNITY AND PARTICIPATION IN THE AMERICAN ECONOMY. BUILT UPON A BASE OF FLEXIBLE PATIENT CAPITAL WITH AFFORDABLE INTEREST RATES AND SOUND TECHNICAL ASSISTANCE AND BUSINESS SUPPORT SERVICES, MCI NURTURES MINORITY BUSINESSES INTO SUCCESSFUL BUSINESSES. MANY STUDIES HAVE DOCUMENTED THAT MINORITY OWNED SMALL BUSINESSES EXPERIENCE HIGHER LOAN DENIAL RATES AND PAY HIGHER INTEREST RATES THAN WHITE-OWNED BUSINESSES EVEN AFTER CONTROLLING FOR DIFFERENCES IN CREDITWORTHINESS. BECAUSE OF THESE DENIAL RATES, MINORITY OWNED BUSINESS MUST RELY MORE UPON OWNER'S EQUITY AND LESS ON BANK DEBT. YET, THESE MINORITY BUSINESSES HAVE LESS EQUITY BECAUSE THEIR WEALTH BASE IS SMALLER. AS A RESULT, MINORITY SMALL BUSINESSES LAUNCH WITH LESS TOTAL CAPITALIZATION THAN CONVENTIONAL BUSINESSES. WITH INADEQUATE CAPITALIZATION, THESE BUSINESSES SUFFER A HIGHER FAILURE RATE THAN WHITE-OWNED BUSINESSES. CILF, HEDC'S CERTIFIED NATIONAL CDFI HAS PROVIDED OVER 30 LOANS TOTALING MORE THAN $3,200,000 TO MINORITY SMALL BUSINESS ENTREPRENEURS AS PART OF THE FORMER CAPITAL ACCESS FUND OF GREATER CLEVELAND (CAFGC) AND CAPITAL ACCESS FUND OF FLORIDA (CAFFL). EXAMPLES OF THE LOANS MADE INCLUDE: TAYLOR TOTS, A DAY CARE PROVIDER IN BROWARD COUNTY, FLORIDAMOBITES, A GOURMET MOBILE FOOD TRUCK IN CLEVELAND, OHIOSOUTHERN CUSTOM IRON ART, A METAL FABRICATOR IN BROWARD COUNTY, FLORIDAIN 2019, NDCCILF INCORPORATED THE MISSION OF PROVIDING ACCESS TO CAPITAL TO MINORITY AND WOMEN ENTREPRENEURS INTO ITS COMPLETE SUITE OF PROGRAMS. CILF IS CURRENTLY RAISING CAPITAL FOR MINORITY LENDING WHICH IT ANTICIPATES DEPLOYING IN 2020.IN 2019, CILF RECEIVED A $3 MILLION EQ2 INVESTMENT FROM DISCOVER BANK THAT IT IN TURN LOANED TO THE DELAWARE INNOVATION SPACE, A SCIENCE AND TECHNOLOGY INCUBATOR DEVELOPED IN PARTNERSHIP WITH DUPONT AND THE UNIVERSITY OF DELAWARE. THE BUILDING WAS DONATED TO THE DE NOVO NONPROFIT FOR THIS VENTURE BY DUPONT AND IS LOCATED ON THE GROUNDS OF THEIR EXPERIMENTAL STATION IN WILMINGTON, DELAWARE. THE LOAN PROVIDED BY CILF WILL BE USED TO PROVIDE LOW-COST, PATIENT FUNDING TO EARLY STAGE COMPANIES LOOKING TO UTILIZE STATE OF THE ART LAB FACILITIES TO INCUBATE THEIR PRODUCT OR PROCESS. REPAID PRINCIPAL WILL BE DEPLOYED TO FUND ADDITIONAL SMALL BUSINESS AND NONPROFIT BORROWERS THAT MEET DISCOVERS CRA NEEDS IN THE STATE OF DELAWARE.ALSO, IN 2019, CILF CAPITALIZED AN AFFORDABLE HOUSING PREDEVELOPMENT LOAN FUND THAT IT LENDS TO QUALIFIED LIHTC DEVELOPERS TO WHO NEED FUNDS TO PAY FOR SOFT COST ASSOCIATED WITH ASSEMBLING A LIHTC APPLICATION TO OBTAIN CREDITS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $137,803 | ExpenseAmt |
| Revenue | $14,123 | RevenueAmt |
| Desc | LOW INCOME HOUSING:TO CONSTRUCT NEW LOW INCOME HOUSING AND TO DEVELOP, MANAGE, OPERATE, PROMOTE, FUND, AND SUPPORT EXISTING LOW INCOME HOUSING FOR PERSONS OF LIMITED FINANCIAL MEANS, HANDICAPPED PERSONS, ELDERLY PERSONS, AND OTHER PERSONS IN NEED OF SAFE ADEQUATE AFFORDABLE HOUSING AND TO ASSIST GENERALLY IN THE ALLEVIATION OF HOUSING SHORTAGES THROUGHOUT THE US.HEDC IS A NATIONAL LEADER IN LOW INCOME HOUSING THROUGH BOTH DEVELOPMENT AND INVESTMENT. WORKING IN PARTNERSHIP WITH NONPROFIT ORGANIZATIONS AND SERVICE PROVIDERS AROUND THE NATION, HEDC HAS DEVELOPED, FINANCED, OPERATED, AND/OR MANAGED OVER 11,700 UNITS OF QUALITY, SAFE, ADEQUATE, AND AFFORDABLE (CONT. ON SCHEDULE O) LOW-INCOME HOUSING TOTALING MORE THAN$1.7 BILLION OF INVESTMENT IN LOW INCOME COMMUNITIES IN MORE THAN 30 STATES. IN 2019, THROUGH OUR LOW-INCOME HOUSING DEVELOPMENT AND INVESTMENT ACTIVITIES, HEDC THROUGH ITS SUBORDINATE CORPORATION, NDC CORPORATE EQUITY FUND INVESTED $92.2 MILLION IN 13 PROJECTS CONTAINING 758 UNITS OF QUALITY, SAFE, ADEQUATE, AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES, THE ELDERLY, AND PEOPLE WITH SPECIAL NEEDS. INVESTMENT AND DEVELOPMENT ACTIVITIES TOTALED $518.8 MILLION. THE FOLLOWING ARE REPRESENTATIVE SAMPLES OF HEDC AFFORDABLE HOUSING PROJECTS COMPLETED IN 2019:COURTLAND ARMS NEW BRITAIN, CTNDC CORPORATE EQUITY FUND MADE AN EQUITY INVESTMENT OF $3,436,936 FOR THIS $7,349,352 AFFORDABLE HOUSING RENOVATION PROJECT LOCATED IN NEW BRITAIN, CONNECTICUT. THE PROJECT IS PROVIDING PERMANENT HOUSING FOR 24 FAMILIES/INDIVIDUALS. THE PROJECT WILL CONTAIN 24 ONE BEDROOM UNITS, FOUR WILL BE AVAILABLE TO RENTERS WITH INCOMES BELOW 25% OF AREA MEDIAN INCOME, SEVEN UNITS WILL BE AVAILABLE FOR RENTERS WITH INCOMES BELOW 50% OF AREA MEDIAN INCOME AND THIRTEEN UNITES WILL BE OCCUPIED BY RENTERS WITH INCOMES BELOW 60% OF AREA MEDIAN INCOME. RENTAL ASSISTANT PAYMENTS WILL BE AVAILABLE TO SELECTED RENTERS TO OFFSET RENT LOSS DUE TO OCCUPANTS HAVING INCOMES BELOW THOSE OUTLINED ABOVE. THE DEVELOPER IS CHRYSALIS CENTER REAL ESTATE CORPORATION OF HARTFORD, CONNECTICUT. NORTHERN HOTEL FORT COLLINS - CONDC CORPORATE EQUITY FUND MADE A $2,266,622 EQUITY INVESTMENT IN A 47-UNIT SENIOR PROJECT DEVELOPED BY MJT PROPERTIES, INC OF ENGLEWOOD, COLORADO. THIS $6,671,600 PROJECT IS A RE-SYNDICATION OF THE ORIGINAL 2000/2001 RENOVATION OF THIS HISTORIC HOTEL AND IS PROVIDING 47-UNITS OF FULLY RENOVATED AFFORDABLE LIVING FOR SENIORS (55+) WHOSE INCOMES RANGE FROM 40% TO 60% OF AREA MEDIAN INCOME FOR THE FORT COLLINS SMSA. RENTS FOR THE 41ONE BEDROOM UNITS IS $595 A MONTH AND THE TWO-BEDROOM UNITS WILL RENT FOR $714 A MONTH.ST. JOSEPH'S COMMONS CLEVELAND, OHST JOSEPH'S COMMONS APARTMENTS IS A 68-UNIT NEW CONSTRUCTION RENTAL PROPERTY LOCATED IN CLEVELAND, OHIO. THE PROJECT SPONSOR IS FRONT STEPS HOUSING SERVICES A CLEVELAND BASED NONPROFIT ENGAGED IN THE DEVELOPMENT OF AFFORDABLE HOUSING. NDC CORPORATE EQUITY FUND INVESTED $10, 613,464 IN EQUITY INTO THIS $14,041,515 PROJECT. EIGHTEEN OF THE UNITS WILL BE RENTED TO FAMILIES WHOSE INCOMES DO NOT EXCEED 30% OF AREA MEDIAN INCOME, TWENTY-THREE WILL BE RENTED TO FAMILIES WITH INCOME LESS THAN 50% OF AREA MEDIAN INCOME AND TWENTY-SEVEN WILL BE RENTED TO OCCUPANTS WHOSE INCOMES ARE AT 60% OR LESS OF AREA MEDIAN INCOME. HUD HOUSING CHOICE VOUCHERS WILL BE AVAILABLE FOR ALL 68-UNITS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $88,928,978 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| 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 | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | 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 | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAM ENNIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126821106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA SUITE 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 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 |
|---|---|---|---|---|---|---|---|
| ADAM ENNIS | |||||||
| BOARD MEMBER/CFO | 11.00 | 39.00 | Yes (X) | Yes (X) | $0 | $182,060 | $59,420 |
| ANGELA BUTLER-ZENON | |||||||
| BOARD MEMBER | 7.00 | 43.00 | Yes (X) | $0 | $177,282 | $74,015 | |
| ANN VOGT | |||||||
| OUTGOING SEC/TRES/BOARD MEMBER | 6.60 | 48.90 | Yes (X) | Yes (X) | $0 | $302,341 | $58,952 |
| BRENDAN MEHAFFY | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| BYRON BROWN | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| CHARLEY DEPEW | |||||||
| BOARD MEMBER | 1.50 | 48.50 | Yes (X) | $0 | $185,042 | $70,013 | |
| DANIEL MARSH III | |||||||
| PRES/BOARD MEMBER | 4.40 | 50.60 | Yes (X) | Yes (X) | $0 | $304,996 | $97,682 |
| DAVID J TREVISANI | |||||||
| BOARD MEMBER | 20.50 | 29.50 | Yes (X) | $0 | $185,310 | $67,075 | |
| GERTRUDE SCRIVEN | |||||||
| BOARD MEMBER | 0.50 | 49.50 | Yes (X) | $0 | $180,883 | $45,436 | |
| INGRID NARDONI | |||||||
| OUTGOING BOARD MEMBER | 2.50 | 47.75 | Yes (X) | $0 | $90,347 | $30,446 | |
| JESSICA EZRA | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| JOANNA CHEN | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| JOHN PALYO | |||||||
| BOARD MEMBER | 8.00 | 42.00 | Yes (X) | $0 | $215,703 | $62,837 | |
| JOSEPH WECHSLER | |||||||
| OUTGOING BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN GREMSE | |||||||
| BOARD MEMBER | 1.00 | 49.00 | Yes (X) | $0 | $188,420 | $65,590 | |
| MICHAEL GRIFFIN | |||||||
| BOARD MEMBER | 1.00 | 49.00 | Yes (X) | $0 | $232,988 | $73,008 | |
| ROSEANN NOVEMBRINO | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| STEPHANIE DUGAN | |||||||
| BOARD MEMBER | 1.00 | 49.00 | Yes (X) | $0 | $189,990 | $57,444 | |
| STEVEN THAYER | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| SVANTE MYRICK | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS GIBNEY | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| WAYNE EVANS | |||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM L COURTRIGHT | |||||||
| OUTGOING BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | ||
| JENNIE VERTREES | |||||||
| SECRETARY | 36.00 | Yes (X) | $0 | $91,254 | $55,628 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,526,616 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $817,546 | 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 (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BGIS GLOBAL INTEGRATED SOLUTIONS US LLC | |||||
| 210 S HUDSON ST STE 380 | SEATTLE | WA | 98134 | PROPERTY MANAGEMENT | $3,569,498 |
| SBM MANAGEMENT SERVICES LP | |||||
| 5241 ARNOLD AVENUE | MCCLELLAN | CA | 95652 | JANITORIAL | $1,069,714 |
| NEXTSTREET FINANCIAL LLC | |||||
| 184 DUDLEY ST | ROXBURY | MA | 02119 | PROGRAM MANAGEMENT | $430,308 |
| STAR PROTECTION AGENCY LLC | |||||
| 875 124TH AVENUE NE STE 101 | BELLEVUE | WA | 98005 | SECURITY | $414,549 |
| CUSHMAN & WAKEFIELD | |||||
| 5510 LINCOLN BLVD STE 175 | PLAYA VISTA | CA | 90094 | PROPERTY MANAGEMENT | $211,905 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $760,500 | RelatedOrganizationsAmt |
| All Other Contributions | $1,372,254 | AllOtherContributionsAmt |
| Total Contributions | $2,132,754 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| RENTAL INCOME | 900099 | $52,565,618 | $52,565,618 | |
| INTEREST REVENUE | 900099 | $15,164,476 | $13,149,612 | $2,014,864 |
| EXPENSE RECOVERIES | 900099 | $5,812,935 | $5,812,935 | |
| DEVELOPER FEE INCOME | 900099 | $2,239,670 | $2,239,670 | |
| FINANCIAL ASSISTANCE | 900099 | $1,050,000 | $1,050,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $76,832,699 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,529 | TotalRevenueColumnAmt |
| Exclusion | $31,529 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $989,343 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$989,343 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$989,343 | TotalRevenueColumnAmt |
| Exclusion | -$989,343 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| PARKING INCOME | 900099 | $4,063,843 | $4,063,843 | |
| TREASURY REBATES | 900099 | $2,459,613 | $2,459,613 | |
| MANAGEMENT FEE INCOME | 900099 | $105,550 | $105,550 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,205,259 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,150,619 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $54,640 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $11,834,265 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,841,904 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $84,137,847 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,571,303 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,250,000 | TotalAmt |
| Program Services | $1,250,000 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,786,460 | TotalAmt |
| Program Services | $1,448,373 | ProgramServicesAmt |
| Management And General | $2,338,087 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $691,746 | TotalAmt |
| Program Services | $10,594 | ProgramServicesAmt |
| Management And General | $681,152 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,020,162 | TotalAmt |
| Program Services | $10,020,162 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,380 | TotalAmt |
| Program Services | $106,380 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,407,888 | TotalAmt |
| Program Services | $39,407,888 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,254,275 | TotalAmt |
| Program Services | $23,254,275 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $945,627 | TotalAmt |
| Program Services | $945,627 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| OPERATING & MAINTENANCE | $10,690,247 | $10,690,247 | |
| ADMINISTRATIVE EXPENSES | $1,899,861 | $1,899,861 | |
| OTHER EXPENSES | $1,804,407 | $1,795,432 | $8,975 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,857,053 | TotalAmt |
| Program Services | $88,928,978 | ProgramServicesAmt |
| Management And General | $4,928,075 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,456,186 | BOYAmt |
| EOY | $7,730,198 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,894,516 | BOYAmt |
| EOY | $34,199,061 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $300,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,800 | BOYAmt |
| EOY | $803,752 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,818,817 | BOYAmt |
| EOY | $10,889,224 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,033,706 | BOYAmt |
| EOY | $2,207,265 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $622,487,152 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $183,575,372 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $449,116,285 | BOYAmt |
| EOY | $438,911,780 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,036,860 | BOYAmt |
| EOY | $413,659,560 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,747,254 | BOYAmt |
| EOY | $4,392,191 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,451,996 | BOYAmt |
| EOY | $30,850,412 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $984,900,420 | BOYAmt |
| EOY | $943,943,443 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,558,925 | BOYAmt |
| EOY | $16,156,417 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,305,925 | BOYAmt |
| EOY | $2,672,270 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $721,663,773 | BOYAmt |
| EOY | $692,551,248 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,770,000 | BOYAmt |
| EOY | $119,720,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,901,293 | BOYAmt |
| EOY | $2,901,293 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,100,839 | BOYAmt |
| EOY | $36,436,925 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $905,400,755 | BOYAmt |
| EOY | $870,438,153 | 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 | $79,499,665 | BOYAmt |
| EOY | $73,505,290 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,499,665 | BOYAmt |
| EOY | $73,505,290 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $984,900,420 | BOYAmt |
| EOY | $943,943,443 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,015,149 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $228,137 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$2,207,363 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,882,487 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,329,246 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $558,772 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,004,086 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,132,754 | CurrentTaxYearAmt |
| Total | $10,907,345 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $90,119,447 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $92,540,247 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $76,922,743 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $107,428,707 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $76,832,699 | CurrentTaxYearAmt |
| Total | $443,843,843 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $94,001,934 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $94,869,493 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $77,481,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $109,432,793 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $78,965,453 | CurrentTaxYearAmt |
| Total | $454,751,188 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $454,751,188 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,882,511 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $272,136 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,444,583 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $163,469 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,529 | CurrentTaxYearAmt |
| Total | $5,794,228 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,882,511 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $272,136 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,444,583 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $163,469 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,529 | CurrentTaxYearAmt |
| Total | $5,794,228 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,084,019 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,726,504 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,162,747 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,796,642 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,834,265 | CurrentTaxYearAmt |
| Total | $35,604,177 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $97,968,464 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $100,868,133 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $90,088,845 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $116,392,904 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $90,831,247 | CurrentTaxYearAmt |
| Total | $496,149,593 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.91660 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95380 | PublicSupportPY509Pct |
| Investment Income CY | 0.01170 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00900 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
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 | PARKING FEE - 2015 AMOUNT: $ 1,072,419. 2016 AMOUNT: $ 2,031,423. 2017 AMOUNT: $ 4,920,991. 2018 AMOUNT: $ 3,353,463. 2019 AMOUNT: $ 4,063,843. OTHER INCOME - 2015 AMOUNT: $ 11,600. TREASURY REBATES - 2016 AMOUNT: $ 2,688,819. 2017 AMOUNT: $ 2,616,077. 2018 AMOUNT: $ 2,540,046. 2019 AMOUNT: $ 2,459,613. MISC FEE INCOME - 2016 AMOUNT: $ 76,956. 2017 AMOUNT: $ 2,542,354. 2018 AMOUNT: $ 847,583. 2019 AMOUNT: $ 5,205,259. EXPENSES REIMBURSEMENT BY TENANT - 2016 AMOUNT: $ 910,926. DEBT FORGIVENESS - 2016 AMOUNT: $ 18,380. MANAGEMENT FEE INCOME - 2017 AMOUNT: $ 83,325. 2018 AMOUNT: $ 55,550. 2019 AMOUNT: $ 105,550. | ExplanationTxt |
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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,755,000 | OtherCostOrOtherBasisAmt |
| Book Value | $11,755,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $580,847,066 | OtherCostOrOtherBasisAmt |
| Depreciation | $174,592,440 | DepreciationAmt |
| Book Value | $406,254,626 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,236,361 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,807,809 | DepreciationAmt |
| Book Value | $428,552 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,648,725 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,175,123 | DepreciationAmt |
| Book Value | $20,473,602 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $438,911,780 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| SOCIAL INFRASTRUCTURE DEV. TO LESSEN THE BURDEN OF GOVT | $358,221,117 | F |
| CDI INVESTMENT, ECONOMIC DEVELOPMENT | $54,981,072 | F |
| LOW INCOME HOUSING PROJECTS | $457,371 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $413,659,560 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (9 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCES PAYABLE | $2,321,781 |
| BOND PREMIUM | $13,567,245 |
| CONSTRUCTION FUNDS PAYABLE | $1,648,667 |
| DUE TO THIRD PARTIES | $6,842,891 |
| PREPAID RENT | $1,613,346 |
| SECURITY DEPOSITS | $41,531 |
| INVESTMENT LIABILITIES IN PROJECTS | $5,351,802 |
| LOAN SERVICING LIABILITY | $4,868 |
| LEASE LIABILITIES | $5,044,794 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $36,436,925 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NDC HOUSING AND ECONOMIC DEVELOPMENT CORP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 24 WHITEHALL STREET SUITE 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 112933129 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $1,250,000 | CashGrantAmt |
| Purpose Of Grant | OPERATIONS (ECON DEV, LI HOUSING, LESSEN BURDENS OF GOV'T) | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY REQUIRING THE GRANTEE TO PROVIDE PERIODIC REPORTS THAT DESCRIBE THE USE OF GRANT FUNDS. | 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 (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADAM ENNIS | ||||||||||||||
| BOARD MEMBER/CFO | $0 | $181,817 | $0 | $0 | $0 | $243 | $0 | $14,549 | $0 | $44,871 | $0 | $241,480 | $0 | $0 |
| ANGELA BUTLER-ZENON | ||||||||||||||
| BOARD MEMBER | $0 | $176,592 | $0 | $0 | $0 | $690 | $0 | $21,923 | $0 | $52,092 | $0 | $251,297 | $0 | $0 |
| ANN VOGT | ||||||||||||||
| OUTGOING SEC/TRES/BOARD MEMBER | $0 | $298,777 | $0 | $0 | $0 | $3,564 | $0 | $36,971 | $0 | $21,981 | $0 | $361,293 | $0 | $0 |
| CHARLEY DEPEW | ||||||||||||||
| BOARD MEMBER | $0 | $182,983 | $0 | $0 | $0 | $2,059 | $0 | $22,569 | $0 | $47,444 | $0 | $255,055 | $0 | $0 |
| DANIEL MARSH III | ||||||||||||||
| PRES/BOARD MEMBER | $0 | $298,900 | $0 | $0 | $0 | $6,096 | $0 | $62,297 | $0 | $35,385 | $0 | $402,678 | $0 | $0 |
| DAVID J TREVISANI | ||||||||||||||
| BOARD MEMBER | $0 | $183,092 | $0 | $0 | $0 | $2,218 | $0 | $21,338 | $0 | $45,737 | $0 | $252,385 | $0 | $0 |
| GERTRUDE SCRIVEN | ||||||||||||||
| BOARD MEMBER | $0 | $178,596 | $0 | $0 | $0 | $2,287 | $0 | $25,651 | $0 | $19,785 | $0 | $226,319 | $0 | $0 |
| JOHN PALYO | ||||||||||||||
| BOARD MEMBER | $0 | $214,682 | $0 | $0 | $0 | $1,021 | $0 | $23,004 | $0 | $39,833 | $0 | $278,540 | $0 | $0 |
| KEVIN GREMSE | ||||||||||||||
| BOARD MEMBER | $0 | $187,592 | $0 | $0 | $0 | $828 | $0 | $19,256 | $0 | $46,334 | $0 | $254,010 | $0 | $0 |
| MICHAEL GRIFFIN | ||||||||||||||
| BOARD MEMBER | $0 | $232,000 | $0 | $0 | $0 | $988 | $0 | $28,093 | $0 | $44,915 | $0 | $305,996 | $0 | $0 |
| STEPHANIE DUGAN | ||||||||||||||
| BOARD MEMBER | $0 | $187,852 | $0 | $0 | $0 | $2,138 | $0 | $24,348 | $0 | $33,096 | $0 | $247,434 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING INDIVIDUALS PARTICIPATE IN A SUPPLEMENTAL 457(F) EXECUTIVE RETIREMENT PLAN, NO CONTRIBUTIONS WERE MADE DURING THE YEAR. - DANIEL MARSH III - GERTRUDE SCRIVEN | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| WASHINGTON ECONOMIC DEV FIN AUTH | ||||||||
| A | 911493002 | 93975WCB9 | 2014-07-24 | $109,205,000 | REFUNDING | 0 | 0 | 0 |
| CITY OF NEWBURGH IND DEV AGENCY | ||||||||
| B | 141742033 | 650861AB3 | 2005-11-17 | $21,230,000 | CONSTRUCTION | 0 | 0 | 0 |
| WASH ST HOUSING FINANCE COMM | ||||||||
| C | 911874730 | 2015-09-29 | $15,740,000 | REFUNDING | 0 | 0 | 0 | |
| TOMPKINS COUNTY IDA | ||||||||
| D | 161214039 | 890099CN2 | 2003-12-01 | $19,035,000 | CONSTRUCTION | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Credit EnhancementCreditEnhancementAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | In Reserve FundInReserveFundAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $28,190,000 | $109,205,000 | $108,233,233 | $971,767 | Yes (1) | 0 | 0 | Yes (1) | ||||||
| B | $9,025,000 | $21,230,000 | $372,076 | 0 | 0 | Yes (1) | Yes (1) | $112,175 | $19,714,522 | $1,031,227 | 2007 | |||
| C | $975,000 | $15,740,000 | $14,570,263 | $82,419 | Yes (1) | 0 | Yes (1) | Yes (1) | $1,087,318 | |||||
| D | $8,030,000 | $19,035,000 | $1,285,687 | 0 | 0 | 0 | Yes (1) | 2005 | $2,086,771 | $15,662,542 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | Yes (1) | 0.00640 | 0.00640 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | ISSUER NAME: WASH. ST. HOUSING FINANCE COMM. DATE THE REBATE COMPUTATION WAS PERFORMED: 01/09/2020 ISSUER NAME: WBRP 3.2 DATE THE REBATE COMPUTATION WAS PERFORMED: 07/25/2020 ISSUER NAME: SCRANTON-LACKAWANA HLTH & WELF. AUTH. (CDP SCRANTON) DATE THE REBATE COMPUTATION WAS PERFORMED: 12/16/2019 ISSUER NAME: FYI PROPERTIES DATE THE REBATE COMPUTATION WAS PERFORMED: 01/15/2019 ISSUER NAME: CDP LOS ANGELES COUNTY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/25/2020 ISSUER NAME: COB PROPERTIES DATE THE REBATE COMPUTATION WAS PERFORMED: 02/11/2020 | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| WBRP 32 | ||||||||
| A | 273468946 | 937308AY0 | 2015-10-07 | $107,615,000 | CONSTRUCTION | 0 | Yes (1) | 0 |
| NJB PROPERTIES | ||||||||
| B | 205535917 | 65486MAAS | 2006-12-05 | $179,285,000 | CONSTRUCTION | Yes (1) | Yes (1) | 0 |
| TOP | ||||||||
| C | 260073671 | 89054QAP5 | 2014-06-26 | $43,435,000 | CONSTRUCTION | 0 | Yes (1) | 0 |
| WASHINGTON ECONOMIC DEV FIN AUTH | ||||||||
| D | 911493002 | 93975WEH4 | 2013-12-11 | $28,995,000 | REFUNDING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Bond DefeasedBondDefeasedAmt | Substantial CompletionSubstantialCompletionYr | Refunding EscrowRefundingEscrowAmt | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $2,420,000 | $107,615,000 | $12,078,360 | $1,613,002 | $104,849,679 | 0 | 0 | 0 | Yes (1) | ||||
| B | $4,475,000 | $179,285,000 | $2,136,771 | $177,148,229 | 0 | 0 | 0 | Yes (1) | $155,420,000 | 2009 | |||
| C | $10,020,000 | $43,435,000 | $239,100 | Yes (1) | 0 | Yes (1) | Yes (1) | $48,867,177 | $30,362 | ||||
| D | $9,195,000 | $28,995,000 | $405,166 | Yes (1) | 0 | Yes (1) | Yes (1) | $28,589,834 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| D | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | 0.00440 | 0.00440 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
| D | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| SCRANTON-LACKAWANA HLTH & WELF AUTH (CDP SCRANTON) | ||||||||
| A | 232205980 | 810694K99 | 2016-08-30 | $36,126,671 | ACQUIRE LEASEHOLD INTEREST | 0 | 0 | 0 |
| FYI PROPERTIES | ||||||||
| B | 262473717 | 302716AU9 | 2009-08-13 | $305,810,000 | CONSTRUCTION | Yes (1) | Yes (1) | 0 |
| CDP LOS ANGELES COUNTY | ||||||||
| C | 273473882 | 20368RAR5 | 2011-05-26 | $43,710,000 | CONSTRUCTION | 0 | Yes (1) | 0 |
| COMMUNITY PROPERTIES ALASKA INC | ||||||||
| D | 455454746 | 20401WAT9 | 2012-12-19 | $25,070,000 | CONSTRUCTION | 0 | Yes (1) | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|
| A | $328,041 | $36,126,671 | $3,145,683 | $32,980,988 | 0 | 0 | 0 | Yes (1) | |
| B | $305,810,000 | $305,810,000 | $4,398,514 | $301,411,486 | 0 | 0 | Yes (1) | Yes (1) | 2011 |
| C | $11,005,000 | $43,710,000 | $1,271,507 | $42,438,493 | 0 | 0 | 0 | Yes (1) | 2012 |
| D | $2,480,000 | $25,070,000 | $544,205 | $24,525,795 | 0 | 0 | 0 | Yes (1) | 2014 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| COB PROPERTIES | ||||||||
| A | 453455657 | 19075HAV4 | 2014-07-11 | $49,625,000 | CONSTRUCTION | 0 | Yes (1) | 0 |
| FYI PROPERTIES | ||||||||
| B | 262473717 | 302716AW5 | 2019-03-05 | $227,875,000 | REFUNDING | 0 | Yes (1) | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $4,565,000 | $49,625,000 | $1,020,679 | $48,604,321 | 2015 | 0 | 0 | 0 | Yes (1) |
| B | $2,485,000 | $227,875,000 | $341,665 | $227,533,335 | Yes (1) | Yes (1) | 0 | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ANN VOGT & INGRID NARDONI, OUTGOING BOARD MEMBERS, HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | NATIONAL DEVELOPMENT COUNCIL IS THE SOLE VOTING MEMBER OF NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | NATIONAL DEVELOPMENT COUNCIL IS THE SOLE VOTING MEMBER OF NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION AND HAS THE POWER TO ELECT AND REMOVE DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY OUTSIDE TAX PREPARERS IN CONSULTATION WITH MANAGEMENT AND AUDITORS. A DRAFT OF THE FULL FORM 990 WAS PROVIDED TO THE ENTIRE BOARD FOR REVIEW. A COMPLETE COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE ORGANIZATION'S ENTIRE BOARD BEFORE IT WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF NDC'S BOARD OF DIRECTORS AND EXECUTIVE EMPLOYEES ARE REQUIRED ANNUALLY TO EXECUTE A CONFLICT OF INTEREST AND COMPENSATION GUIDELINES ACKNOWLEDGEMENT STATING THAT THEY HAVE RECEIVED, READ AND UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST AND COMPENSATION GUIDELINES. THE CONFLICT OF INTEREST AND COMPENSATION GUIDELINES REQUIRES BOARD MEMBERS AND EXECUTIVE EMPLOYEES TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY.UPON DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE CHAIRPERSON OF THE BOARD WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY CAN RESULT IN APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALSO, ALL BOARD MEMBERS, BY EXECUTING THE ANNUAL ACKNOWLEDGEMENT STATEMENT, CONCERNING THE CONFLICT OF INTEREST AND COMPENSATION GUIDELINES, ACKNOWLEDGE THAT NDC SHALL REMAIN FAITHFUL TO ITS CHARITABLE PURPOSES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE BY REQUEST. |
| FORM 990, PART IV, LINE 12B: | THIS RETURN HAS BEEN PREPARED BASED ON ALL AVAILABLE INFORMATION AT THE TIME OF FILING. IT IS ALSO BASED ON UNAUDITED FINANCIAL STATEMENTS. IF ANY SIGNIFICANT DIFFERENCES ARISE AFTER THIS FILING, THIS RETURN WILL BE AMENDED TO PROPERLY REFLECT THE ADDITIONAL INFORMATION. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 112933129 | ECON DEV/ASSIST GOV'T/HOUSING | VA | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | 0 | |
| GROW AMERICA FUND INC | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133641265 | LOANS AT BELOW-MARKET RATES FOR ECONOMIC DEVELOPMENT | DE | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | 0 | |
| NDC SUPPORT I INC | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134156877 | SUPPORT NDC | NY | 501(C)(3) | LINE 12A, I | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | 0 | |
| KINGSBOROUGH HOUSING DEVELOPMENT FUND COMPANY INC | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 141734500 | HOUSING | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | 0 | |
| NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 136532871 | ECON DEV/ASSIST GOV'T/HOUSING | NY | 501(C)(3) | LINE 10 | 0 | N/A | |
| NDC GREEN RENEWABLE ENERGY ENTERPRISE NEXUS | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 273820841 | ECONOMIC DEVELOPMENT | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | 0 | |
| NDC RESOURCES | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 460674188 | ECON DEV/HOUSING/ASSIST GOV'T | DC | 501(C)(3) | LINE 12A, I | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | 0 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| NDC CORPORATE EQUITY FUND III | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134071776 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND IV | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134151268 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND V | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134195127 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 050585420 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 203273264 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VIII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 261481355 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND IX | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 264226439 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND X | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 454281155 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 462764258 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 473762588 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XIII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 813113490 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XIV | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 821877042 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XV | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 831506679 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XVI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 842872284 | LOW INCOME HOUSING | NY | N/A |
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 | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| COMMUNITY DEVELOPMENT GROUP HOLT | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 201643188 | HOUSING | NY | N/A | C | 0 |
| COMMUNITY DEVELOPMENT GROUP ILLINOIS INC | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 201644052 | HOUSING | NY | N/A | C | 0 |
| COMMUNITY DEVELOPMENT GROUP KENTUCKY INC | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133555220 | ECONOMIC DEVELOPMENT | NY | N/A | C | 0 |
| COMMUNITY DEVELOPMENT GROUP RENEWABLE ENERGY | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 262989445 | ECONOMIC DEVELOPMENT | NY | N/A | C | 0 |
| COMMUNITY DEVELOPMENT GROUP WALLA WALLA INC | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133615889 | ECONOMIC DEVELOPMENT | NY | N/A | C | 0 |
| COMMUNITY DEVELOPMENT INVESTOR BROOKLYN | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 461534076 | ECONOMIC DEVELOPMENT | NY | N/A | C | 0 |
| HOUSING DEVELOPMENT GROUP III | |||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 203673695 | HOUSING | 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 | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | 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 | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |