EDUCATIONAL HOUSING SERVICES INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- EDUCATIONAL HOUSING SERVICES INC (EIN 13-3411159)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-20
- IRS object ID
- 202002949349300430
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-20T11:11:14-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 MADISON AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | 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 | 133411159 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATIONAL HOUSING SERVICES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JOSEPH LAVACCA | InCareOfNm |
| Business Name Control | EDUG | BusinessNameControlTxt |
| Phone | 2129777622 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 CLARK STREET | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RAMALINGAM GANESH CPA | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2129777622 | PhoneNum |
| Signature | 2020-10-08 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA J PARELLO | PreparerPersonNm |
| PTIN | P01080295 | PTIN |
| Phone | 6464713000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 207.237.184.83 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 12991520202945000002 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-10-20 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 3FDE0A0C96198E492B815A3D27AC3F9182BDFE64 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 3F11A243B8607A72A5B534A8B0DF29F523661A80 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY LYNFORD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 CLARK STREET | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $30,437,940 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.STUDENTHOUSING.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The EHS & Subsidiaries Mission is "To Enhance the New York City college experience by providing safe and affordable housing in an enriching student life environment." | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 124 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $30,715,708 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $28,740,213 | CYProgramServiceRevenueAmt |
| PY Investment Income | $436 | PYInvestmentIncomeAmt |
| CY Investment Income | $517 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,074,648 | PYOtherRevenueAmt |
| CY Other Revenue | $1,697,210 | CYOtherRevenueAmt |
| PY Total Revenue | $31,790,792 | PYTotalRevenueAmt |
| CY Total Revenue | $30,437,940 | 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 | $3,623,060 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,854,272 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $30,528,450 | PYOtherExpensesAmt |
| CY Other Expenses | $28,435,516 | CYOtherExpensesAmt |
| PY Total Expenses | $34,151,510 | PYTotalExpensesAmt |
| CY Total Expenses | $32,289,788 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,360,718 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,851,848 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $113,982,967 | TotalAssetsBOYAmt |
| Total Assets EOY | $112,588,636 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $138,346,149 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $138,181,050 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$24,363,182 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$25,592,414 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE EHS & SUBSIDIARIES MISSION "TO ENHANCE THE NEW YORK CITY COLLEGE EXPERIENCE BY PROVIDING SAFE AND AFFORDABLE HOUSING IN AN ENRICHING STUDENT LIFE ENVIRONMENT." | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $28,362,082 | ExpenseAmt |
| Revenue | $30,251,240 | RevenueAmt |
| Desc | TO ACQUIRE BY LEASE OR OTHERWISE, MAINTAIN AND OPERATE, IN THE NEW YORK CITY METRO AREA, QUALITY, SAFE, STATE OF THE ART, AFFORDABLE, RESIDENTIAL FACILITIES FOR STUDENTS AND TEACHERS OF EDUCATIONAL INSTITUTIONS. EDUCATIONAL HOUSING SERVICES, INC. ALSO COORDINATES A STUDENT LIFE SOCIAL CALENDAR WHICH PROMOTES STUDENT ACTIVITIES WITHIN THE COMMUNITY. | Desc |
| Total Program Service Expenses | $28,362,082 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 160 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 124 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH LAVACCA | PersonNm |
| Phone | 2129777622 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 CLARK STREET | AddressLine1Txt |
| City | BROOKLYN | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11201 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| JEFFREY LYNFORD | |||||||||
| PRESIDENT | 29.92 | 5.08 | Yes (X) | $583,802 | $0 | $41,162 | |||
| FAYE BEAN | |||||||||
| SENIOR VP LEASING & MARKETING | 21.7 | 13.3 | $328,252 | $0 | $52,634 | Yes (X) | |||
| CHRISTY CHATFIELD | |||||||||
| SENIOR VP STUDENT LIFE | 22.75 | 12.25 | $269,003 | $0 | $51,182 | Yes (X) | |||
| JOSEPH LA VACCA | |||||||||
| TREASURER | 21.0 | 14.0 | Yes (X) | $241,789 | $0 | $38,910 | |||
| RAMALINGAM GANESH | |||||||||
| SENIOR VP/CFO | 29.26 | 5.74 | Yes (X) | $228,919 | $0 | $8,444 | |||
| ADAM B KAUFMAN | |||||||||
| SENIOR HOUSING ADVISOR | 16.1 | 18.9 | $187,468 | $0 | $16,928 | Yes (X) | |||
| KEVIN GROSS | |||||||||
| VP FACILITIES & PROPERTY MGMT | 21.0 | 14.0 | $189,116 | $0 | $7,310 | Yes (X) | |||
| ARIEL DYBNER | |||||||||
| SR VP GNRL COUNSEL, SECRETARY | 25.65 | 4.35 | Yes (X) | $151,414 | $0 | $44,346 | |||
| DARLENE LEWIS | |||||||||
| CONTROLLER | 21.0 | 14.0 | $119,859 | $0 | $23,722 | Yes (X) | |||
| ABRAM BERNSTEIN | |||||||||
| VP OF INVESTMENTS | 32.2 | 2.8 | $119,761 | $0 | $16,806 | Yes (X) | |||
| WILLIAM COCKRUM III | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| JERRY HULTIN | |||||||||
| CHAIRMAN OF THE BOARD | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| JOHN THOMAS RANDOLPH I | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| DALE ANNE REISS | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| SAMARA BAREND | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| DONALD D SHEETS | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| DENNIS R IRVIN | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| CARL RICHARD HARTMAN | |||||||||
| BOARD MEMBER | 3.0 | 2.0 | $25,000 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,619,383 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $301,444 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| REALTY CROWN MANAGEMENT | |||||
| 100 HENRY STREET | BROOKLYN | NY | 11201 | PROPERTY MANAGEMENT | $2,265,000 |
| RCN | |||||
| PO BOX 11816 | NEWARK | NJ | 071018116 | TELECOMMUNICATIONS | $1,355,675 |
| Cleaning Building Services | |||||
| 1133 BROADWAY STE 412 | NEW YORK | NY | 10010 | CLEANING SERVICES | $194,149 |
| INNERCIRCLE TECHNOLOGY ADVISORS | |||||
| 122 East 42nd Street | NEW YORK | NY | 10010 | IT CONSULTING | $123,050 |
| PRICEWATERHOUSECOOPERS LLP | |||||
| 300 MADISON AVENUE | NEW YORK | NY | 10017 | AUDIT/TAX SERVICE | $402,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HOUSING AND DORMITORY | Desc |
| Business | 721310 | BusinessCd |
| Total Revenue Column | $28,740,213 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,740,213 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $28,740,213 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $517 | TotalRevenueColumnAmt |
| Exclusion | $517 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $161,517 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $161,517 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $161,517 | TotalRevenueColumnAmt |
| Exclusion | $161,517 | ExclusionAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| RENT FORGIVENESS | 900099 | $655,962 | $655,962 | $0 |
| REIMBURSEMENT OF CABLE, SECURITY AND STUDENT LIFE | 900099 | $534,840 | $534,840 | $0 |
| ANNUAL INSTITUTION FEE | 900099 | $320,225 | $320,225 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,666 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $24,666 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,535,693 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,437,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,251,240 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $186,700 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,444,405 | TotalAmt |
| Management And General | $1,444,405 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,176,661 | TotalAmt |
| Program Services | $902,135 | ProgramServicesAmt |
| Management And General | $1,274,526 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,219 | TotalAmt |
| Program Services | $23,842 | ProgramServicesAmt |
| Management And General | $36,377 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,987 | TotalAmt |
| Program Services | $74,100 | ProgramServicesAmt |
| Management And General | $98,887 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,725 | TotalAmt |
| Program Services | $15,608 | ProgramServicesAmt |
| Management And General | $107,117 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,926 | TotalAmt |
| Management And General | $393,926 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,582 | TotalAmt |
| Program Services | $53,582 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $475,744 | TotalAmt |
| Program Services | $437,394 | ProgramServicesAmt |
| Management And General | $38,350 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $706,582 | TotalAmt |
| Program Services | $706,582 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,313 | TotalAmt |
| Management And General | $128,313 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,516 | TotalAmt |
| Program Services | $3,445 | ProgramServicesAmt |
| Management And General | $110,071 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,388,340 | TotalAmt |
| Program Services | $21,256,204 | ProgramServicesAmt |
| Management And General | $132,136 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,100 | TotalAmt |
| Program Services | $19,028 | ProgramServicesAmt |
| Management And General | $41,072 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,022 | TotalAmt |
| Program Services | $39,519 | ProgramServicesAmt |
| Management And General | $34,503 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,484,970 | TotalAmt |
| Program Services | $2,477,626 | ProgramServicesAmt |
| Management And General | $7,344 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $536,363 | TotalAmt |
| Program Services | $533,801 | ProgramServicesAmt |
| Management And General | $2,562 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325,244 | TotalAmt |
| Program Services | $261,040 | ProgramServicesAmt |
| Management And General | $64,204 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| REPAIRS & MAINTENANCE | $906,524 | $904,484 | $2,040 |
| BAD DEBT EXPENSE | $352,091 | $352,091 | |
| GENERAL EXPENSES | $11,892 | $19 | $11,873 |
| STUDENT LIFE EXPENSES | $291,219 | $291,219 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,363 | TotalAmt |
| Program Services | $10,363 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,289,788 | TotalAmt |
| Program Services | $28,362,082 | ProgramServicesAmt |
| Management And General | $3,927,706 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,618,963 | BOYAmt |
| EOY | $7,749,534 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,748,973 | BOYAmt |
| EOY | $1,778,566 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,767,448 | BOYAmt |
| EOY | $2,442,866 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $295,770 | BOYAmt |
| EOY | $346,231 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,874,043 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,773,942 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,654,432 | BOYAmt |
| EOY | $1,100,101 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,137,616 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,897,381 | BOYAmt |
| EOY | $98,033,722 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,982,967 | BOYAmt |
| EOY | $112,588,636 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,286,538 | BOYAmt |
| EOY | $2,088,809 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,345,801 | BOYAmt |
| EOY | $5,289,868 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,361,836 | BOYAmt |
| EOY | $48,447,106 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $282,474 | BOYAmt |
| EOY | $40,890 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,069,500 | BOYAmt |
| EOY | $82,314,377 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,346,149 | BOYAmt |
| EOY | $138,181,050 | 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 | -$24,363,182 | BOYAmt |
| EOY | -$25,592,414 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$24,363,182 | BOYAmt |
| EOY | -$25,592,414 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,982,967 | BOYAmt |
| EOY | $112,588,636 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,851,848 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $622,616 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $419,241 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $429,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $399,125 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $465,350 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $650,350 | CurrentTaxYearAmt |
| Total | $2,363,066 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $44,815,704 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,450,985 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $37,889,090 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,250,358 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,089,863 | CurrentTaxYearAmt |
| Total | $180,496,000 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,234,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,879,985 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,288,215 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,715,708 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,740,213 | CurrentTaxYearAmt |
| Total | $182,859,066 | 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) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,148,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,756,786 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,673,311 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,049,296 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,158,140 | CurrentTaxYearAmt |
| Total | $92,786,349 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,148,816 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,756,786 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,673,311 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,049,296 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,158,140 | CurrentTaxYearAmt |
| Total | $92,786,349 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $90,072,717 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $325,526 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $256,769 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $261,126 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $194,526 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $162,034 | CurrentTaxYearAmt |
| Total | $1,199,981 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $325,526 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $256,769 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $261,126 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $194,526 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $162,034 | CurrentTaxYearAmt |
| Total | $1,199,981 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $155,162 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $207,125 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $165,625 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $880,558 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,535,692 | CurrentTaxYearAmt |
| Total | $2,944,162 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,715,633 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,343,879 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,714,966 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $31,790,792 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,437,939 | CurrentTaxYearAmt |
| Total | $187,003,209 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.48166 | PublicSupportCY509Pct |
| Public Support PY509 | 0.47918 | PublicSupportPY509Pct |
| Investment Income CY | 0.00642 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00675 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $53,582 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $53,582 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1G | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION RETAINED TWO FIRMS IN 2019 TO ASSIST IN LOBBYING THE NEW YORK CITY DEPARTMENT OF BUILDINGS, MEMBERS OF THE NEW YORK CITY MAYOR'S STAFF, MEMBERS OF THE NEW YORK CITY COUNCIL, AND MEMBERS OF THE NEW YORK CITY COUNCIL'S STAFF FOR A RULE MODIFICATION BY THE NEW YORK CITY DEPARTMENT OF BUILDINGS OF THE RULE SETTING FORTH WHAT CONSTITUTES A "COLLEGE OR SCHOOL STUDENT DORMITORY". | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,435,916 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,439,947 | DepreciationAmt |
| Book Value | $995,969 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,438,127 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,333,995 | DepreciationAmt |
| Book Value | $104,132 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $1,100,101 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM RELATED ENTITIES | $36,135,125 |
| CASH&SECURITY BY BOND TRUSTEES | $3,179,725 |
| SECURITY DEPOSITS | $959,564 |
| INVESTMENTS HELD BY BOND TT | $7,667,084 |
| RECEIVABLE STUD HOUS PROJ | $49,706,831 |
| OTHER ASSETS | $385,393 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $98,033,722 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO RELATED ENTITIES | $69,336,609 |
| DEFERRED COMPENSATION | $0 |
| PAYABLE ASSOCIATED WITH STUDENT HOUSING | $12,139,571 |
| OTHER LIABILITY - CURRENT | $518,903 |
| OTHER LIABILITY - LONG TERM | $319,294 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $82,314,377 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PART X, LINE 2 | FormAndLineReferenceDesc |
| Explanation | FIN48 THE ORGANIZATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT ITS TAX-EXEMPT STATUS WOULD BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATIONAL TAX RETURNS IN THE UNITED STATES FEDERAL AND NEW YORK STATE JURISDICTIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARIEL DYBNER | ||||||||||||||
| SR VP GNRL COUNSEL, SECRETARY | $141,414 | $0 | $10,000 | $0 | $0 | $0 | $546 | $0 | $43,800 | $0 | $195,760 | $0 | $0 | $0 |
| JEFFREY LYNFORD | ||||||||||||||
| PRESIDENT | $583,802 | $0 | $0 | $0 | $0 | $0 | $11,572 | $0 | $29,590 | $0 | $624,964 | $0 | $0 | $0 |
| JOSEPH LA VACCA | ||||||||||||||
| TREASURER | $180,513 | $0 | $0 | $0 | $61,276 | $0 | $9,320 | $0 | $29,590 | $0 | $280,699 | $0 | $44,880 | $0 |
| FAYE BEAN | ||||||||||||||
| SENIOR VP LEASING & MARKETING | $239,337 | $0 | $0 | $0 | $88,915 | $0 | $8,834 | $0 | $43,800 | $0 | $380,886 | $0 | $65,007 | $0 |
| CHRISTY CHATFIELD | ||||||||||||||
| SENIOR VP STUDENT LIFE | $192,627 | $0 | $10,000 | $0 | $66,376 | $0 | $7,382 | $0 | $43,800 | $0 | $320,185 | $0 | $48,501 | $0 |
| KEVIN GROSS | ||||||||||||||
| VP FACILITIES & PROPERTY MGMT | $139,933 | $0 | $10,000 | $0 | $39,183 | $0 | $7,310 | $0 | $0 | $0 | $196,426 | $0 | $28,660 | $0 |
| ADAM B KAUFMAN | ||||||||||||||
| SENIOR HOUSING ADVISOR | $187,468 | $0 | $0 | $0 | $0 | $0 | $6,477 | $0 | $10,451 | $0 | $204,396 | $0 | $0 | $0 |
| RAMALINGAM GANESH | ||||||||||||||
| SENIOR VP/CFO | $218,919 | $0 | $10,000 | $0 | $0 | $0 | $8,444 | $0 | $0 | $0 | $237,363 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DEFERRED COMPENSATION PLAN | IN 2015, THE BOARD OF DIRECTORS OF THE ORGANIZATION APPROVED A LONG TERM INCENTIVE COMPENSATION PLAN FOR MEMBERS OF THE SENIOR MANAGEMENT TEAM (OTHER THAN THE PRESIDENT) THAT HAVE BEEN WITH THE ORGANIZATION FOR AT LEAST TEN YEARS. THE PLAN COMPENSATES PARTICIPANTS BASED ON ORGANIZATIONAL CRITERIA OF WHETHER THE ORGANIZATION REACHES $2M IN CASH FLOW FOR THE CURRENT YEAR, WHETHER STUDENT SATISFACTION MEETS CERTAIN BENCHMARKS, ON INDIVIDUAL CRITERIA OF LONGEVITY WITH THE ORGANIZATION AND WHETHER THE DEPARTMENT THE INDIVIDUAL IS IN CHARGE OF IS WITHIN A CERTAIN PERCENTAGE OF THE PRIOR YEAR EXPENSE BUDGET. IN ADDITION THE PLAN GIVES DISCRETION TO THE BOARD OF DIRECTORS TO VARY FROM THESE CRITERIA. AS OFJUNE 30, 2019, THE AMOUNT CALCULATED AS DEFERRED COMPENSATION TO BE PAID TO ELIGIBLE EMPLOYEES OF THE PLAN AFTER EXPIRY OF A VESTING PERIOD OF 5 YEARS WAS $255,750. THE FOLLOWING MEMBERS OF THE SENIOR MANAGEMENT TEAM ARE ELIGIBLE TO PARTICIPATE: SENIOR VICE PRESIDENT OF LEASING AND MARKETING $88,915, SENIOR VICE PRESIDENT OF STUDENT LIFE $66,376, TREASURER $61,276 AND VICE PRESIDENT OF FACILITIES $39,183. AS OF JULY 2019, THE ENTIRE PAYABLE OF $255,750 HAS BEEN FUNDED AND PAID TO THESE ELIGIBLE EMPLOYEES. THERE IS NO LONGER A DEFERRED COMPENSATION PLAN IN EFFECT AS OF 12/31/2019. |
| PART I, LINE 7 | 2019 BONUS CALCULATION ON MARCH 1, 2019 THE ORGANIZATION AFTER APPROVAL FROM THE GOVERNANCE, FINANCE, COMPENSATION AND SUSTAINABILITY COMMITTEE APPROVED THE GRANTING OF SPECIAL BONUSES TO THE SR VP OF STUDENT LIFE, THE SR VP GENERAL COUNSEL AND CORPORATE SECRETARY, THE CFO, AND VP OF FACILITIES. THESE BONUSES WERE PAID IN MARCH 2019 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORMITORY AUTHORITY OF THE STATE OF NEW YORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 146000293 | BondIssuerEIN |
| CUSIP | 64983QEL9 | CUSIPNum |
| Bond Issued | 2005-04-14 | BondIssuedDt |
| Issue Price | $69,005,235 | IssuePriceAmt |
| Purpose | CONSTRUCT STUDENT RESIDENCE | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $18,894,722 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $69,005,235 | TotalProceedsAmt |
| In Reserve Fund | $5,481,315 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $1,368,436 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $1,439,385 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $61,687,289 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2006 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | false | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II | AMOUNTS REPORTED IN 2019 ARE CONSISTENT WITH THE TAXPAYER'S FORM 8038 PREVIOUSLY FILED WITH THE IRS WHICH REPORTED INFORMATION WITH RESPECT TO ITS TAX EXEMPT BONDS. |
| PART III, LINE 3B | EHS REGULARLY ENGAGES BOND COUNSEL WHEN AN ISSUE ARISES AS TO PRIVATE BUSINESS USE OF THE PROPERTY. THERE WAS NO OCCASION FOR BOND COUNSEL IN 2019. |
| PART IV, LINE 2C | THE REBATE COMPUTATION WAS PERFORMED IN AUGUST 2019. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, LINE 11B | FORM 990 PROVIDED TO GOVERNING BODY THE FORM 990 FOR 2019 WAS PROVIDED TO THE FULL BOARD AT THE SEPTEMBER 2020 BOARD MEETING FOR REVIEW AND COMMENT. APPROVAL VIA BOARD VOTE OF THE FORM 990 IS REQUIRED PRIOR TO FILING THE REPORT TO THE IRS. |
| FORM 990, PART VI, LINE 12C | CONFLICT OF INTEREST POLICY EHS' CONFLICT OF INTEREST POLICY REQUIRES THE FILING BY ALL BOARD MEMBERS AND SENIOR OFFICERS OF THE ORGANIZATION OF ANNUAL CONFLICTS DISCLOSURE STATEMENT. THESE ARE REVIEWED BY THE GOVERNANCE AND COMPENSATION COMMITTEE QUARTERLY FOR ANY CONFLICTS. |
| FORM 990, PART VI, LINE 15A & 15B | COMPENSATION POLICY 990 Part VI-LINE 15A: IN SEPTEMBER 2019, THE ORGANIZATION, WITH REVIEW AND APPROVAL OF THE GOVERNANCE, FINANCE AND COMPENSATION COMMITTEE AND INPUT FROM OUTSIDE COMPENSATION CONSULTANTS GRANT THORNTON, LLP, EXTENDED THE EMPLOYMENT CONTRACT OF ITS PRESIDENT FOR AN ADDITIONAL TERM OF TEN YEARS ENDING DECEMBER 31, 2029. PART VI - LINE 15B IN 2018 THE ORGANIZATION RE-ENGAGED GRANT THORNTON LLP TO REVIEW THE COMPENSATION LEVELS OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION TO PROVIDE THE BOARD WITH A DETERMINATION OF COMPENSATION FOR THOSE EMPLOYEES. BASED ON THIS REVIEW IN JANUARY 2019 THE ORGANIZATION INCREASED THE SALARY OF THE SENIOR VP OF MARKETING BY $25,000. IN MARCH OF 2019 THE ORGANIZATION INCREASED THE COMPENSATION OF THE TREASURER OF $15,000. NO OTHER COMPENSATION DECISIONS WERE MADE FOR ANY OTHER OFFICER OR KEY EMPLOYEES OF THE ORGANIZATION. |
| FORM 990, PART VI, LINE 19 | DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION COPIES OF THE ANNUAL FINANCIALS AND OTHER GOVERNING DOCUMENTS ARE SENT TO THE STATE OF NEW YORK, NEW YORK STATE BOND COMMISSION, AND THE BOARD OF DIRECTORS. COPIES ARE ON FILE AND AVAILABLE UPON REQUEST. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. |
| FORM 990 | PAYROLL EHS, INC. (EHS) CONTRACTS WITH ADP TOTAL SOURCE FOR THEIR HUMAN RESOURCES/PAYROLL SERVICES. AS SUCH, ALL EMPLOYEES OF EHS ARE A PART OF ADP'S PROFESSIONAL EMPLOYER ORGANIZATION (PEO) GROUP. FOR W-2 PURPOSES, ADP IS LISTED AS THE EMPLOYER OF ALL EHS EMPLOYEES. EHS IS THE SOLE ENTITY THAT PAYS THE EMPLOYEES OF ALL THE RELATED/CONTROLLING ENTITIES. ALLOCATIONS ARE MADE FROM EHS TO THESE ENTITIES, BASED ON ACTUAL TIME WORKED BY EACH EMPLOYEE WHEN KNOWN, OR BY AN ALLOCATION OF MANAGEMENT SALARIES BASED UPON THE ESTIMATED TIME WORKED THROUGH THE YEAR ON THESE ENTITIES. HOURS OF BOARD MEMBERS ARE BASED UPON THE QUARTERLY AND MONTHLY MEETINGS INCLUDING REGULAR INTERACTIONS WITH MANAGEMENT IN PERSON AND TELEPHONICALLY AS IT RELATES TO A PARTICULAR ENTITY. |
| FORM 990 - Part VII IND CONTRACTORS | IN THE FOLLOWING SECTION THE COMPENSATION TO REALTY CROWN MANAGEMENT OF $2,265,000 REPRESENTS THE OPERATING COSTS FOR TWO BUILDINGS. THESE COSTS INCLUDE: REAL ESTATE TAXES, UTILITIES, MANAGEMENT FEES, CLEANING, SECURITY, MAJOR REPAIRS TO MACHINERY, INSURANCE EXPENSES AND OVERALL GENERAL EXPENSES TO OPERATE THE BUILDINGS EFFICIENTLY. IN 2018 THIS EXPENSE TOTALED $2,533,840. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (9 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 |
|---|---|---|---|---|---|---|---|---|---|
| EHS CLARK STREET RESIDENCE LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 020739597 | STUD. HOUSING | DE | $9,073,157 | $4,236,761 | EHS INC |
| EHS VI LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 205965253 | STUD. HOUSING | DE | $6,672,600 | $14,720,139 | EHS INC |
| EHS VII LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 260496546 | STUD. HOUSING | DE | $9,034,533 | $2,031,281 | EHS INC |
| EHS TOWERS LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 263538503 | STUD. HOUSING | DE | $2,797,851 | $64,406,988 | EHS INC |
| EHS VIII LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 811001315 | STUD. HOUSING | NY | $976,036 | $956,951 | EHS INC |
| EHS DORMITORY INVESTORS I LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 133411159 | STUD HOUSING | DE | $622,617 | $1,557,439 | EHS DII HOLD |
| EHS DII OPERATOR 1 LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 133411159 | STUD HOUSING | DE | $150,831 | $259,139 | EHS DII HOLD |
| EHS DII HOLDCO LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 133411159 | STUD HOUSING | DE | $0 | $1,294 | EHS INC |
| EHS DII GLS 1 LLC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 133411159 | STUD HOUSING | DE | $0 | $4,662 | EHS DII HOLD |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| EHS I INC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 200043817 | STUD. HOUSING | NY | 501(C)(2) | EHS INC | Yes (true) |
| EHS II INC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 200108370 | STUD. HOUSING | NY | 501(C)(2) | EHS INC | Yes (true) |
| EHS III INC | |||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 200236647 | STUD. HOUSING | NY | 501(C)(2) | EHS INC | Yes (true) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EHS DII A LP | |||||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 842534582 | STUDENT HOUSING | DE | EHS DORMITORY | RELATED | false | Yes (true) | 0.00500 |
| EHS DII B LP | |||||||||||
| 55 CLARK STREET | BROOKLYN | NY | 11201 | 842550044 | STUDENT HOUSING | DE | EHS DORMITORY | RELATED | false | Yes (true) | 0.00500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (8 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| EHS I INC | ||
| R | $3,697,894 | OPERATING EXP. |
| EHS I INC | ||
| O | $1,052,158 | ALLOC. OF TIME |
| EHS II INC | ||
| O | $1,162,277 | ALLOC. OF TIME |
| EHS I INC | ||
| S | $908,664 | OPERATING EXP. |
| EHS II INC | ||
| R | $1,550,354 | OPERATING EXP. |
| EHS II INC | ||
| S | $4,380 | OPERATING EXP. |
| EHS DII A LP | ||
| B | $257,500 | CAPITAL CONT |
| EHS DII B LP | ||
| B | $257,500 | CAPITAL CONT |