PRIMARY CARE DEVELOPMENT CORPORATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- PRIMARY CARE DEVELOPMENT CORPORATION (EIN 13-3711803)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-02-15
- IRS object ID
- 201810469349301366
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-02-15T12:18:03-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113518842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKS PANETH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD 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 | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133711803 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRIMARY CARE DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRIM | BusinessNameControlTxt |
| Phone | 2124373910 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 BROADWAY NO 530 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOUISE COHEN | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2124373910 | PhoneNum |
| Signature | 2018-02-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT R LYONS | PreparerPersonNm |
| PTIN | P00227472 | PTIN |
| Phone | 2125038800 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.74.165.34 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-02-15 | IPDt |
| IP Tm | 13:08:22 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 1423E06F9E6F9EFDA19AB3AABD1FE32D0EF26F97 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1423E06F9E6F9EFDA19AB3AABD1FE32D0EF26F97 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LOUISE COHEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 BROADWAY NO 530 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,367,581 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PCDC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | FOUNDED IN 1993, PRIMARY CARE DEVELOPMENT CORPORATION ("PCDC") BELIEVES THAT PRIMARY CARE IS TRANSFORMATIONAL AND A CORNERSTONE OF HEALTHY, THRIVING COMMUNITIES. PCDC CATALYZES EXCELLENCE IN PRIMARY CARE THROUGH STRATEGIC COMMUNITY INVESTMENT, CAPACITY BUILDING, AND POLICY INITIATIVES TO ACHIEVE HEALTH EQUITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 59 | TotalEmployeeCnt |
| Total Volunteers | 24 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,819,834 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,580,693 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,202,044 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,492,597 | CYProgramServiceRevenueAmt |
| PY Investment Income | $252,513 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,011 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,838 | PYOtherRevenueAmt |
| CY Other Revenue | $9,002 | CYOtherRevenueAmt |
| PY Total Revenue | $9,285,229 | PYTotalRevenueAmt |
| CY Total Revenue | $13,092,303 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $70,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,184,221 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,179,922 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $40,700 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $656,902 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,743,014 | PYOtherExpensesAmt |
| CY Other Expenses | $3,951,359 | CYOtherExpensesAmt |
| PY Total Expenses | $8,997,235 | PYTotalExpensesAmt |
| CY Total Expenses | $10,201,981 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $287,994 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,890,322 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $62,689,180 | TotalAssetsBOYAmt |
| Total Assets EOY | $67,310,916 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,040,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,919,352 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $35,648,533 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $38,391,564 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | QUALITY PRIMARY CARE IS TRANSFORMATIONAL AND A CORNERSTONE OF HEALTHY, THRIVING COMMUNITIES. THE PRIMARY CARE DEVELOPMENT CORPORATION (PCDC) CATALYZES EXCELLENCE IN PRIMARY CARE THROUGH STRATEGIC COMMUNITY INVESTMENT, CAPACITY BUILDING, AND POLICY INITIATIVES TO ACHIEVE HEALTH EQUITY. BY PROVIDING AFFORDABLE CAPITAL FOR HEALTH FACILITY RENOVATION AND EXPANSION, CHANGING HOW CARE IS DELIVERED, AND ADVOCATING FOR GREATER PUBLIC INVESTMENT AND FAVORABLE POLICIES, PCDC STRIVES TO ENSURE THAT EVERY FAMILY AND COMMUNITY HAS THE ESSENTIAL QUALITY PRIMARY CARE IT REQUIRES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,742,438 | ExpenseAmt |
| Grant | $30,000 | GrantAmt |
| Revenue | $5,204,496 | RevenueAmt |
| Desc | CAPITAL INVESTMENT: SUPPORTING PRIMARY CARE EXPANSION. PCDC PROVIDES THE CAPITAL AND EXPERTISE TO BUILD, RENOVATE, AND EXPAND COMMUNITY-BASED HEALTH FACILITIES SO THAT CARE IS OFFERED IN SETTINGS THAT PROMOTE DIGNITY AND EFFICIENCY. CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) BY THE UNITED STATES TREASURY, PCDC IS A KEY SOURCE OF CAPITAL FOR THE PRIMARY CARE SECTOR AND TO DATE HAS FINANCED OVER 130 PRIMARY CARE PROJECTS VALUED AT MORE THAN $875 MILLION. THIS INVESTMENT HAS CREATED THE CAPACITY TO PROVIDE NEARLY 3.265 MILLION MEDICAL VISITS ANNUALLY TO MEET THE PRIMARY CARE NEEDS OF MORE THAN 995,000 PATIENTS THROUGHOUT THE UNITED STATES. PCDC'S INVESTMENT HAS TRANSFORMED 1.625 MILLION SQUARE FEET OF SPACE INTO FULLY FUNCTIONING PRIMARY CARE PRACTICES AND CREATED OR PRESERVED OVER 8,550 JOBS IN LOW-INCOME COMMUNITIES. PCDC HAS EXPERIENCED NO LOAN LOSSES IN ITS PORTFOLIO TO DATE, AND HAS RECEIVED AN AAA+2 PERFORMANCE RATING FROM THE CDFI ASSESSMENT AND RATING SYSTEM (CARS). HIGHLIGHTS OF RECENT CAPITAL INVESTMENT ACCOMPLISHMENTS INCLUDE: BRIGHTPOINT HEALTH. PCDC PROVIDED $2.5 MILLION IN FINANCING TO ENABLE BRIGHTPOINT HEALTH TO OPEN A 16,000-SQUARE-FOOT FQHC IN THE BRONX, MAKING BRIGHTPOINT AMONG THE FIRST IN THE COMMUNITY TO OFFER INTEGRATED PRIMARY CARE, BEHAVIORAL HEALTH, AND HEALTH HOME SERVICES FOR ADULTS AND CHILDREN.FAMILY HEALTH CENTERS OF SAN DIEGO. PCDC PROVIDED $1.0 MILLION IN DEBT FINANCING AND $8.5 MILLION IN NMTC ALLOCATION TO SUPPORT FAMILY HEALTH CENTERS OF SAN DIEGO'S CONSTRUCTION OF A NEW, COMPREHENSIVE CARE CENTER IN THE CITY OF EL CAJON. THE NEWLY CONSTRUCTED FACILITY WILL USE 30 EXAM ROOMS TO PROVIDE INTEGRATED SERVICES, INCLUDING FAMILY MEDICINE AND PEDIATRICS, OB-GYN, HIV AND STD CARE, DENTAL SERVICES, BEHAVIORAL HEALTH, AND OPTOMETRY.LAKESHORE COMMUNITY HEALTH CARE. PCDC COMPLETED A THIRD ROUND OF FUNDING TO LAKESHORE COMMUNITY HEALTH CARE, CONSISTING OF $4.1 MILLION IN DEBT FINANCING AND A $6.5 MILLION NMTC ALLOCATION TO FINANCE THE CONSOLIDATE LAKESHORE'S EXISTING CLINICS INTO A MUCH LARGER BUILDING. THE PROJECT WILL ENABLE LAKESHORE TO SUBSTANTIALLY EXPAND THE CARE AVAILABLE TO THE AREA'S MEDICALLY UNDERSERVED RESIDENTS, AND EMPLOY OVER 100 STAFF BY 2020.LOWELL COMMUNITY HEALTH CENTER. PCDC PROVIDED $4.3 MILLION IN DEBT FINANCING AND A $13 MILLION NMTC ALLOCATION TO HELP LOWELL COMMUNITY HEALTH CENTER BEGIN A $27 MILLION EXPANSION THAT WILL RENOVATE 65,000 SQUARE FEET OF SPACE NEARLY DOUBLING THE HEALTH CENTER'S CAPACITY TO PROVIDE URGENTLY-NEEDED PRIMARY HEALTH CARE TO LOWELL'S UNDERSERVED RESIDENTS.SHASTA COMMUNITY HEALTH CENTER. PCDC PROVIDED $4.0 MILLION IN FINANCING AND AN $8 MILLION NMTC ALLOCATION TO BUILD A 16,600-SQUARE-FOOT ANDERSON FAMILY HEALTH AND DENTAL CENTER. WHEN COMPLETED IN FALL 2018, IT WILL MORE THAN DOUBLE THE SIZE OF THE CENTER'S EXISTING LOCATION IN ANDERSON, NORTH OF SACRAMENTO. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,198,234 | ExpenseAmt |
| Revenue | $3,288,101 | RevenueAmt |
| Desc | PERFORMANCE IMPROVEMENT: STRENGTHENING SERVICE DELIVERY. PCDC'S PERFORMANCE IMPROVEMENT PRACTICE HAS PROVIDED CONSULTING, TRAINING, AND COACHING SERVICES TO MORE THAN 1,000 PRIMARY CARE ORGANIZATIONS ACROSS THE COUNTRY - HELPING THESE PRACTICES ADOPT A MODEL OF CARE THAT MAXIMIZES PATIENT ACCESS, MEANINGFUL USE OF HEALTH IT, CARE COORDINATION, PATIENT EXPERIENCE, AND EMERGENCY PLANNING. OUR STAFF TEAM BRINGS EXTENSIVE EXPERTISE AND A BROAD AND POWERFUL KNOWLEDGE BASE TO THE PROVISION OF CAPACITY-BUILDING ASSISTANCE; MOST HOLD GRADUATE DEGREES AND AVERAGE BETWEEN 10 TO 15 YEARS OF EXPERIENCE WORKING DIRECTLY WITH HIGH-RISK, SAFETY NET POPULATIONS. THIS "REAL WORLD EXPERIENCE" ENABLES PCDC TO BETTER UNDERSTAND THE NEEDS OF OUR CLIENTS AND GUIDES THE CREATION AND IMPLEMENTATION OF EFFECTIVE COACHING AND QUALITY IMPROVEMENT TOOLS.HIGHLIGHTS OF RECENT PERFORMANCE IMPROVEMENT ACCOMPLISHMENTS INCLUDE: SUPPORTING TEAM-BASED CHRONIC CARE MANAGEMENT. PCDC RELEASED A REPORT THAT PROVIDES RECOMMENDATIONS TO SUPPORT BETTER HEALTH CARE FOR HIGH-RISK, HIGH-NEED INDIVIDUALS. THE REPORT, TITLED "DELIVERING TEAM-BASED CHRONIC CARE MANAGEMENT: OVERCOMING THE BARRIERS," IS INTENDED FOR USE BY ALL HEALTH CARE PROVIDERS AND STAFF INVOLVED IN CHRONIC CARE MANAGEMENT, AND INCLUDES SAMPLE TOOLS AND WORKFLOWS CREATED DURING THE PROJECT AS WELL AS CASE STUDIES COMPILED BY THE CENTER FOR HEALTH CARE STRATEGIES.EXPANDING PATIENT-CENTERED MEDICAL HOMES. THERE IS MOUNTING EVIDENCE THAT PATIENT-CENTERED MEDICAL HOMES (PCMHS) HELP TO IMPROVE PATIENT HEALTH AND REDUCE OVERALL COSTS. TO DATE, PCDC HAS HELPED 450 PRACTICES BECOME CERTIFIED PCMHS. INTEGRATING HIV PREVENTION INTO PREVENTIVE CARE. PCDC CONTINUES TO PARTNER WITH THE U.S. CENTERS FOR DISEASE CONTROL AND PREVENTION TO PROVIDE TECHNICAL ASSISTANCE AND CREATE RESOURCES TO HELP PRIMARY CARE PROVIDERS ACROSS THE NATION INTEGRATE SCIENTIFICALLY-PROVEN AND COST-EFFECTIVE HIV PREVENTION INTO ONGOING MEDICAL HOME ACTIVITIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $909,965 | ExpenseAmt |
| Revenue | $0 | RevenueAmt |
| Desc | POLICY AND ADVOCACY: LEADING PRIMARY CARE INITIATIVES. PRIMARY CARE IS NOT ONLY THE CENTERPIECE OF MEANINGFUL HEALTH CARE REFORM, BUT ALSO CONTRIBUTES GREATLY TO ECONOMIC DEVELOPMENT, BETTER HEALTH, AND ACROSS-THE-BOARD HEALTH CARE SAVINGS. PCDC'S POLICY AND ADVOCACY AGENDA INCLUDES WORKING WITH POLICYMAKERS AND STAKEHOLDERS TO PROMOTE THE PATIENT-CENTERED MEDICAL HOME MODEL; EXPAND ACCESS TO CAPITAL FOR PRIMARY CARE EXPANSION; STRENGTHEN THE ROLE OF PRIMARY CARE IN HEALTH SYSTEM AND HEALTH PAYMENT REFORM; AND STRENGTHEN THE ROLE OF PRIMARY CARE IN SUSTAINING "HEALTHY COMMUNITIES."PCDC CEO LOUISE COHEN APPOINTED TO THE COMMUNITY SERVICES BOARD (CSB): ON NOVEMBER 22, 2016, NEW YORK CITY MAYOR BILL DE BLASIO'S OFFICE ANNOUNCED THAT PCDC CEO LOUISE COHEN WAS ONE OF 15 APPOINTEES TO THE COMMUNITY SERVICES BOARD (CSB). THE CSB IS RESPONSIBLE FOR ADVISING THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE ON THE CITY'S MENTAL HEALTH AND SUBSTANCE USE TREATMENT SERVICES. COHEN BRINGS TO THE BOARD MORE THAN 25 YEARS OF EXPERIENCE IN PRIMARY CARE, PUBLIC HEALTH, PROGRAM OPERATIONS, AND COMMUNITY HEALTH NEEDS ASSESSMENT.CREATING A PRIMARY CARE ROAD MAP FOR DSRIP (SEPTEMBER 2016): IN AN OP-ED, CEO LOUISE COHEN WROTE ABOUT NEW YORK STATE'S MEDICAID DELIVERY SYSTEM REFORM INCENTIVE PAYMENT PROGRAM (DSRIP), WHICH AIMS TO REDUCE AVOIDABLE HEALTH CARE COSTS BY CREATING NEW INTEGRATED PROVIDER SYSTEMS (MOSTLY HEADED BY HOSPITALS) TO COLLABORATE ON SYSTEM TRANSFORMATION, CLINICAL QUALITY, AND POPULATION HEALTH IMPROVEMENT. "BUT WITH DSRIP'S ENORMOUS CHALLENGE," SHE WROTE, "IT'S POSSIBLE TO LOSE FOCUS ON WHAT "TRANSFORMATION" MEANS AT ITS CORE: A ROBUST, ACCESSIBLE, PERSON-CENTERED, HIGH-QUALITY, AND COST-EFFECTIVE STATE-WIDE PRIMARY CARE SYSTEM." | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $109,434 | ExpenseAmt |
| Desc | PCDC'S PRIMARY CARE INNOVATION CIRCLE IS A SALON SERIES THAT BRINGS TOGETHER TOP LEADERS FROM ACROSS THE HEALTH CARE AND COMMUNITY DEVELOPMENT INDUSTRIES. THE SERIES ENGAGES PROVIDERS, POLICYMAKERS, AND INVESTORS IN DISCUSSIONS AROUND KEY ISSUES, CHALLENGES, AND OPPORTUNITIES THAT ARE SHAPING THE FUTURE OF THE HEALTH CARE SYSTEM. HIGHLIGHTS OF RECENT INNOVATION CIRCLES INCLUDE: PRIMARY CARE UNDER THE NEW ADMINISTRATION (APRIL 2017). THIS EVENT, IN RESPONSE TO UNCERTAINTY CREATED BY A NEW PRESIDENT, AND MODERATED BY CEO LOUISE COHEN, FEATURED A PANEL OF HEALTH POLICY EXPERTS LED BY DEBORAH BACHRACH, JD, OF MANATT HEALTH. DISCUSSION FOCUSED ON THE POLITICAL AND OPERATIONAL REALITIES OF NEW REFORMS, AS WELL AS VIEWS ON HOW PRIMARY CARE COULD ACHIEVE BETTER OUTCOMES AND HEALTHIER PATIENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $109,434 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $7,960,071 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | 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 | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 59 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | 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 | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL ROSEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124373946 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 BROADWAY SUITE 530 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10006 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DANIEL T MCGOWAN | ||||||||
| CHAIRMAN | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DONALD L ASHKENASE | ||||||||
| SECRETARY | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MAURA CLARK | ||||||||
| VICE-CHAIR | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RUTH SALZMAN | ||||||||
| TREASURER | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JAMES F CRYSTAL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL DEY | ||||||||
| BOARD MEMBER (FORMER) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WARRIA A ESMOND | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID A GOULD | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| L NATHAN HARE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GARY JACOBS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK JEZIORSKI | ||||||||
| BOARD MEMBER (FORMER) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL RAPHAEL | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID MANKO | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROLYN TAIN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| YVETTE TEOFAN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HON COREY JOHNSON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL NISSENBAUM | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY BASETT | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RAMANATHAN RAJU | ||||||||
| BOARD MEMBER (FORMER) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DUDLEY BENOIT | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID CHOKSHI | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EMILY FLYNN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SUZETTE GORDON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER KOLLER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DIANA MASON | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JORGE R PETIT | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN RUGGE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LOUISE COHEN | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $315,693 | $0 | $4,551 | |||
| MICHAEL ROSEN | ||||||||
| CFO/COO | 40.00 | Yes (X) | $231,168 | $0 | $17,057 | |||
| WILLIAM O'BRIEN | ||||||||
| CHIEF LENDING OFFICER | 40.00 | $178,385 | $0 | $29,258 | Yes (X) | |||
| LAURA LEALE | ||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $173,767 | $0 | $30,574 | Yes (X) | |||
| DANIEL LOWENSTEIN | ||||||||
| DIR. OF PUBLIC AFFAIRS (FORMER) | 40.00 | $160,732 | $0 | $6,209 | Yes (X) | |||
| ANNE DYJAK | ||||||||
| MANAGING DIR., CAPITAL INV | 40.00 | $210,902 | $0 | $8,899 | Yes (X) | |||
| NANCY LAGER | ||||||||
| DIR. OF CAPITAL INV | 40.00 | $151,672 | $0 | $15,176 | Yes (X) | |||
| REEMA FAKIH | ||||||||
| DIR. OF CAPITAL INV | 40.00 | $135,217 | $0 | $15,231 | Yes (X) | |||
| JAE LEUNG | ||||||||
| DIR. OF FINANCE | 40.00 | $143,877 | $0 | $22,467 | Yes (X) | |||
| GITA RAO | ||||||||
| CCO | 40.00 | $167,443 | $0 | $24,014 | Yes (X) | |||
| KARLA SILVERMAN | ||||||||
| DIR. CLINICAL AND TRAINING INITIATIVES | 40.00 | $142,291 | $0 | $7,845 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,011,147 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $181,281 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCCARTER & ENGLISH LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 EIGHT AVE 31ST FLR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | LEGAL | ServicesDesc |
| Compensation | $102,565 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $802,050 | FundraisingAmt |
| Government Grants | $3,618,563 | GovernmentGrantsAmt |
| All Other Contributions | $160,080 | AllOtherContributionsAmt |
| Total Contributions | $4,580,693 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROGRAM FEES | 900099 | $6,067,215 | $6,067,215 |
| INTEREST ON LOANS | 900099 | $2,425,382 | $2,425,382 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,492,597 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $290,678 | TotalRevenueColumnAmt |
| Exclusion | $290,678 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,789,000 | SecuritiesAmt |
| Other | $9,773 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,059,400 | SecuritiesAmt |
| Other | $20,040 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$270,400 | SecuritiesAmt |
| Other | -$10,267 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$280,667 | TotalRevenueColumnAmt |
| Exclusion | -$280,667 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $204,840 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $802,050 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $195,838 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,002 | TotalRevenueColumnAmt |
| Exclusion | $9,002 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,092,303 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,492,597 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,013 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Program Services | $30,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,408,260 | TotalAmt |
| Program Services | $643,323 | ProgramServicesAmt |
| Management And General | $560,441 | ManagementAndGeneralAmt |
| Fundraising | $204,496 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,908,261 | TotalAmt |
| Program Services | $3,206,904 | ProgramServicesAmt |
| Management And General | $504,761 | ManagementAndGeneralAmt |
| Fundraising | $196,596 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,632 | TotalAmt |
| Program Services | $47,687 | ProgramServicesAmt |
| Management And General | $12,046 | ManagementAndGeneralAmt |
| Fundraising | $1,899 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $419,559 | TotalAmt |
| Program Services | $323,213 | ProgramServicesAmt |
| Management And General | $73,529 | ManagementAndGeneralAmt |
| Fundraising | $22,817 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $382,210 | TotalAmt |
| Program Services | $289,209 | ProgramServicesAmt |
| Management And General | $64,429 | ManagementAndGeneralAmt |
| Fundraising | $28,572 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $461,917 | TotalAmt |
| Program Services | $452,832 | ProgramServicesAmt |
| Management And General | $9,085 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,359 | TotalAmt |
| Program Services | $18,359 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,700 | TotalAmt |
| Fundraising | $40,700 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $933,156 | TotalAmt |
| Program Services | $805,971 | ProgramServicesAmt |
| Management And General | $84,925 | ManagementAndGeneralAmt |
| Fundraising | $42,260 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,513 | TotalAmt |
| Program Services | $211,370 | ProgramServicesAmt |
| Management And General | $45,265 | ManagementAndGeneralAmt |
| Fundraising | $34,878 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,374 | TotalAmt |
| Program Services | $133,553 | ProgramServicesAmt |
| Management And General | $35,617 | ManagementAndGeneralAmt |
| Fundraising | $8,204 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $553,859 | TotalAmt |
| Program Services | $411,817 | ProgramServicesAmt |
| Management And General | $98,843 | ManagementAndGeneralAmt |
| Fundraising | $43,199 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,639 | TotalAmt |
| Program Services | $82,478 | ProgramServicesAmt |
| Management And General | $6,903 | ManagementAndGeneralAmt |
| Fundraising | $3,258 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,044 | TotalAmt |
| Program Services | $182,385 | ProgramServicesAmt |
| Management And General | $21,259 | ManagementAndGeneralAmt |
| Fundraising | $3,400 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $801,714 | TotalAmt |
| Program Services | $801,714 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,408 | TotalAmt |
| Program Services | $57,300 | ProgramServicesAmt |
| Management And General | $13,999 | ManagementAndGeneralAmt |
| Fundraising | $6,109 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,569 | TotalAmt |
| Management And General | $26,569 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $198,114 | $198,114 | ||
| PROGRAM SUPPLIES | $41,325 | $27,750 | $4,675 | $8,900 |
| OTHER EXPENSES | $36,317 | $5,362 | $20,110 | $10,845 |
| DUES & SUBSCRIPTIONS | $18,451 | $15,130 | $2,552 | $769 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,600 | TotalAmt |
| Program Services | $15,600 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,201,981 | TotalAmt |
| Program Services | $7,960,071 | ProgramServicesAmt |
| Management And General | $1,585,008 | ManagementAndGeneralAmt |
| Fundraising | $656,902 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,703,995 | BOYAmt |
| EOY | $4,494,484 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $518,656 | BOYAmt |
| EOY | $1,852,922 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $459,651 | BOYAmt |
| EOY | $849,224 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,268,345 | BOYAmt |
| EOY | $45,461,025 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,478 | BOYAmt |
| EOY | $474,180 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $624,189 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $226,266 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,112 | BOYAmt |
| EOY | $397,923 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,148,159 | BOYAmt |
| EOY | $2,988,078 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,948,503 | BOYAmt |
| EOY | $5,054,044 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $634,084 | BOYAmt |
| EOY | $470,188 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,256,197 | BOYAmt |
| EOY | $5,268,848 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,689,180 | BOYAmt |
| EOY | $67,310,916 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $795,777 | BOYAmt |
| EOY | $1,138,306 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,936,051 | BOYAmt |
| EOY | $6,069,366 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,013,640 | BOYAmt |
| EOY | $16,188,640 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,295,179 | BOYAmt |
| EOY | $5,523,040 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,040,647 | BOYAmt |
| EOY | $28,919,352 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,497,281 | BOYAmt |
| EOY | $19,625,312 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,151,252 | BOYAmt |
| EOY | $18,766,252 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,648,533 | BOYAmt |
| EOY | $38,391,564 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,689,180 | BOYAmt |
| EOY | $67,310,916 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,890,322 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$147,291 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,306,205 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,474,348 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,273,223 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,819,834 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,580,693 | CurrentTaxYearAmt |
| Total | $18,454,303 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,306,205 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,474,348 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,273,223 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,819,834 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,580,693 | CurrentTaxYearAmt |
| Total | $18,454,303 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $18,454,303 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $524,313 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $505,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $403,587 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $298,592 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $290,678 | CurrentTaxYearAmt |
| Total | $2,022,180 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $244 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $672 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $398 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $9,002 | CurrentTaxYearAmt |
| Total | $10,316 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,486,799 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $30,053,368 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.90080 | PublicSupportCY170Pct |
| Public Support PY170 | 0.87730 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $32,426 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $32,426 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | INCLUDED ARE DIRECT EXPENSES RELATED TO LOBBYING ACTIVITIES SUCH AS SALARIES AND RELATED TRAVEL AND SUPPLIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $367,362 | OtherCostOrOtherBasisAmt |
| Depreciation | $99,494 | DepreciationAmt |
| Book Value | $267,868 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $204,436 | OtherCostOrOtherBasisAmt |
| Depreciation | $95,611 | DepreciationAmt |
| Book Value | $108,825 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $52,391 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,161 | DepreciationAmt |
| Book Value | $21,230 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $397,923 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| US GOVERNMENT SECURITIES | $2,852,128 | F |
| CORPORATE OBLIGATIONS | $2,101,770 | F |
| CERTIFICATES OF DEPOSIT | $100,146 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,054,044 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RESTRICTED LEASE PAYMENTS (NET) | $588,105 |
| RESTRICTED RESERVES | $4,680,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,268,848 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| RESERVES AND DEPOSITS PAYABLE | $4,680,814 |
| DEFERRED RENT | $254,121 |
| DUE TO NEW YORK CITY BOND PROGRAM | $588,105 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,523,040 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,966,525 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$147,291 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $21,513 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$125,778 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,092,303 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,092,303 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,223,494 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $21,513 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $21,513 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,201,981 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,201,981 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PCDC HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017 AND 2016 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROJECT PLUS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 254 W 29TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PROFESSIONAL FUNDRAISER FOR GALA | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $869,550 | GrossReceiptsAmt |
| Retained By Contractor | $40,700 | RetainedByContractorAmt |
| Net To Organization | $828,850 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $869,550 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $40,700 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $828,850 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $869,550 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $707,550 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $162,000 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $132,058 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $22,550 | OtherDirectExpensesEvent1Amt |
| Event2 | FOUNDERS RECEPTION | Event2Nm |
| Gross Receipts Event2 | $137,340 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $94,500 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $42,840 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $40,930 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $300 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $1,006,890 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $802,050 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $204,840 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $172,988 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $22,850 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $195,838 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $9,002 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B, COLUMN (V) | FormAndLineReferenceDesc |
| Explanation | BASE FEE OF $40,000 PLUS 10% OF NEW REVENUES GENERATED. | ExplanationTxt |
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 | LOWELL COMMUNITY HEALTH CENTER | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 161 JACKSON STREET | AddressLine1Txt |
| City | LOWELL | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01852 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 042881348 | RecipientEIN |
| IRC Section | 501 (C)(3) | IRCSectionDesc |
| Cash Grant | $30,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | CAPACITY BUILDING | PurposeOfGrantTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MONITORING THE USE OF GRANTS FUNDS:A PCDC CAPITAL INVESTMENT DIRECTOR CONFIRMED THE INTENDED BUDGET AND USES WITH THE GRANTEE DURING THE UNDERWRITING PROCESS, AND THE GRANTEE EXECUTED AN AWARD LETTER CONFIRMING THE AGREED UPON TERMS AND CONDITIONS OF THE GRANT. GRANT FUNDS WERE DIBUSRSED IN CONNECTION WITH THE CLOSING ON THE ASSOCIATED PROJECT LOAN FOR THE PURPOSES IDENTIFIED IN THE AWARD LETTER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LOUISE COHEN | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $285,693 | $0 | $30,000 | $0 | $0 | $0 | $0 | $0 | $4,551 | $0 | $320,244 | $0 | $0 | $0 |
| MICHAEL ROSEN | ||||||||||||||
| CFO/COO | $220,045 | $0 | $11,123 | $0 | $0 | $0 | $7,169 | $0 | $9,888 | $0 | $248,225 | $0 | $0 | $0 |
| WILLIAM O'BRIEN | ||||||||||||||
| CHIEF LENDING OFFICER | $170,883 | $0 | $7,502 | $0 | $0 | $0 | $5,390 | $0 | $23,868 | $0 | $207,643 | $0 | $0 | $0 |
| LAURA LEALE | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $166,321 | $0 | $7,446 | $0 | $0 | $0 | $5,345 | $0 | $25,229 | $0 | $204,341 | $0 | $0 | $0 |
| DANIEL LOWENSTEIN | ||||||||||||||
| DIR. OF PUBLIC AFFAIRS (FORMER) | $124,345 | $0 | $0 | $0 | $36,387 | $0 | $3,459 | $0 | $2,750 | $0 | $166,941 | $0 | $0 | $0 |
| ANNE DYJAK | ||||||||||||||
| MANAGING DIR., CAPITAL INV | $202,209 | $0 | $8,693 | $0 | $0 | $0 | $1,873 | $0 | $7,026 | $0 | $219,801 | $0 | $0 | $0 |
| NANCY LAGER | ||||||||||||||
| DIR. OF CAPITAL INV | $145,035 | $0 | $6,637 | $0 | $0 | $0 | $4,678 | $0 | $10,498 | $0 | $166,848 | $0 | $0 | $0 |
| REEMA FAKIH | ||||||||||||||
| DIR. OF CAPITAL INV | $129,671 | $0 | $5,546 | $0 | $0 | $0 | $4,261 | $0 | $10,970 | $0 | $150,448 | $0 | $0 | $0 |
| JAE LEUNG | ||||||||||||||
| DIR. OF FINANCE | $140,877 | $0 | $3,000 | $0 | $0 | $0 | $4,440 | $0 | $18,027 | $0 | $166,344 | $0 | $0 | $0 |
| GITA RAO | ||||||||||||||
| CCO | $160,507 | $0 | $6,936 | $0 | $0 | $0 | $0 | $0 | $24,014 | $0 | $191,457 | $0 | $0 | $0 |
| KARLA SILVERMAN | ||||||||||||||
| DIR. CLINICAL AND TRAINING INITIATIV | $136,636 | $0 | $5,655 | $0 | $0 | $0 | $4,374 | $0 | $3,471 | $0 | $150,136 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DANIEL DEY, JOHN RUGGE AND WARRIA ESMOND SERVE TOGETHER ON ANOTHER BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY PCDC AND REVIEWED BY PCDC'S INDEPENDENT ACCOUNTING FIRM. THE 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE. UPON APPROVAL OF THE FINANCE COMMITTEE, THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS. THE RETURN IS CIRCULATED TO THE BOARD OF DIRECTORS IN ADVANCE OF THE MEETING. AFTER APPROVAL THE RETURN IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR BOARD MEMBERS REVIEW PCDC'S WRITTEN POLICY AND ATTEST THAT THEY HAVE READ AND WILL ABIDE BY THE POLICY BY SIGNING AN ANNUAL AFFIRMATION OF POLICY ON INTERESTED DIRECTORS. THE POLICY IS REVIEWED BY THE BOARD AND UPDATED PERIODICALLY OR AS REQUIRED BY LAW. THE REVISED POLICY IS ADOPTED BY THE BOARD. WHEN A DIRECTOR OF PCDC HAS AN INTEREST IN A PCDC MATTER THAT DIRECTOR DISCLOSES THEIR INTEREST TO THE BOARD PRIOR TO ANY DISCUSSION OR VOTE REGARDING THE MATTER; AND THE INTERESTED DIRECTOR ABSENTS HIM OR HERSELF FROM THE DISCUSSION AND VOTE CONCERNING THE MATTER. CONFLICTS ARE REPORTED IN THE BOARD MINUTES. A LIST OF BOARD ACTIONS IS COMPILED ANNUALLY FOR BOARD MEMBERS TO REVIEW AND REAFFIRM THEIR DISCLOSURE (S) DURING THE YEAR. SIMILARLY ALL EMPLOYEES OF PCDC ANNUALLY REVIEW PCDC'S CONFIDENTIALITY AND CONFLICT OF INTEREST POLICIES AND SIGN A STATEMENT ACKNOWLEDGING THEY HAVE RECEIVED, READ AND WILL ABIDE BY THE POLICIES. ANY CONFLICT OF INTERESTS ARE REQUIRED TO BE IMMEDIATELY DISCLOSED TO THE CHIEF EXECUTIVE OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER (CEO), CHIEF FINANCIAL OFFICER (CFO) AND SENIOR MANAGEMENT ARE REVIEWED BY THE GOVERNANCE COMMITTEE (GC). RECOMMENDATION OF CEO'S AND CFO'S COMPENSATION IS MADE BY THE GC TO THE BOARD FOR DISCUSSION AND APPROVAL. THE GC PROPOSES COMPENSATION AND DETERMINES THE REASONABLENESS OF RECOMMENDED COMPENSATION IN A PROCESS THAT INCLUDES PERFORMANCE APPRAISALS AND THE REVIEW OF A REPORT PREPARED BY A HUMAN RESOURCE CONSULTANT. THE REPORT IS A COMPENSATION SURVEY BASED ON MARKET ANALYSIS AND COMPARISON OF 990S FROM OTHER ORGANIZATIONS WITH SIMILAR MISSIONS, PROGRAMS, BALANCE SHEETS, AND BUDGETS. THE BOARD MAKES THE FINAL DECISION IN AN EXECUTIVE SESSION WITH NO STAFF PRESENT. KEY EMPLOYEE COMPENSATION IS REVIEWED BY THE CEO AND CFO ANNUALLY AND IS BASED PRIMARILY ON PERFORMANCE APPRAISALS AND COMPARABLE SALARY SURVEY PREPARED BY A HUMAN RESOURCE CONSULTANT. DECISIONS ARE PRESENTED TO THE GC FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | PCDC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ITS TAX RETURNS INCLUDING FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC ONLINE THROUGH GUIDESTAR AND NYS CHARITIES BUREAU'S WEBSITE. PCDC ALSO PUBLISHES NOTICES OF AVAILABILITY OF ITS TAX RETURNS WITH NEW YORK LAW JOURNAL. |
| FORM 990, PART XII, LINE 2C: | HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. |
| SCHEDULE R - PART III | DURING FISCAL YEARS 2007, 2014, 2015, AND 2016 PCDC WAS AWARDED NEW MARKETS TAX CREDIT ("NMTC") ALLOCATION OF $40 MILLION, $43 MILLION,$55 MILLION, AND $50 MILLION RESPECTIVELY TO FINANCE THE CONSTRUCTION OF HEALTH CENTERS IN LOW INCOME COMMUNITIES. THE PROGRAM, ADMINISTERED BY THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND ("CDFI FUND"), A BRANCH OF THE U.S. DEPARTMENT OF THE TREASURY, REQUIRES THAT NONPROFIT AWARD RECIPIENTS CREATE FOR-PROFIT ENTITY OR ENTITIES THROUGH WHICH THE TAX CREDIT ALLOCATION FLOWS. AS SUCH, PCDC CREATED 23 SUCH ENTITIES: PCDC EMPIRE STATE HEALTH OPPORTUNITIES FUND LLC I-IV, LLC AND PCDC HEALTH OPPORTUNITIES FUND LLC V-XXIII, ALL OF WHICH ARE MULTI-MEMBER LIMITED LIABILITY COMPANIES. AS OF JUNE 30, 2017, PCDC HEALTH OPPORTUNITIES FUND LLC XVII THROUGH XXIII REMAIN INACTIVE. PURSUANT TO THE AMENDED OPERATING AGREEMENTS UNDER LLC I THROUGH XVI, PCDC RETAINS A 0.01% OWNERSHIP INTEREST WHEN AN INVESTOR MEMBER IS IDENTIFIED IN EACH ENTITY. AT THAT TIME, THE INVESTOR MEMBER BECAME THE 99.99% OWNER MAKING THE NECESSARY QUALIFIED EQUITY INVESTMENT (QEI) IN THE LLC WHILE PCDC REMAINS THE MANAGING MEMBER. IN THE INDEMNIFICATION AGREEMENTS WITH EACH INVESTOR, PCDC AGREES TO INDEMNIFY INVESTORS IF THERE IS A LOSS OF NEW MARKET TAX CREDITS RELATED TO THEIR QEI TRIGGERED BY CERTAIN RECAPTURE EVENTS AS DEFINED UNDER THE INTERNAL REVENUE CODE. THE INDEMNIFICATION AMOUNTS VARY WITH EACH AGREEMENT. ABSENT GROSS OR WILLFUL MISCONDUCT, PCDC'S LIABILITY IS SUBJECT TO THE AFOREMENTIONED INDEMNIFICATION LIMIT IN EACH AGREEMENT WITH AN ESTIMATED AMOUNT TOTALING $10.3 MILLION. PCDC HAS SYSTEMATIC MONITORING PROCEDURES IN PLACE TO AVOID RECAPTURE EVENTS THROUGH TRACKING AND TESTING OF TRANSACTION PAYMENTS, REVIEW OF QUARTERLY FINANCIAL STATEMENTS, CONFIRMATION OF COMPLIANCE CERTIFICATES AND REGULAR MEETINGS OF THE PCDC NMTC ADVISORY BOARD. UNDER THE TERMS OF THE AMENDED OPERATING AGREEMENTS, PCDC MADE A PROPORTIONAL EQUITY CONTRIBUTION BASED ON EACH QEI AND PCDC'S .01% MEMBERSHIP INTEREST IN EACH LLC. AS OF JUNE 30, 2017 AND 2016, THE NET PRESENT VALUE OF PCDC'S EQUITY CONTRIBUTIONS WAS REPORTED AS INVESTMENTS IN LLCS AT APPROXIMATELY $470,000 AND $634,000 RESPECTIVELY, USING DISCOUNT RATES RANGING FROM 1.38% TO 2.61%. IN DECEMBER, 2013 PCDC ENTERED INTO AN AGREEMENT WITH TWO OTHER CDFI'S TO FORM HEALTHCO PARTICIPANT, LLC ("HEALTHCO") AS A FINANCING VEHICLE TO PROVIDE INDIRECT FACILITY FINANCING FOR FEDERALLY QUALIFIED HEALTHCARE CENTERS. PCDC IS ONE OF THREE EQUAL MEMBERS AT 33.33%. UNDER THE LIMITED LIABILITY COMPANY AGREEMENT, ANY INCOME OR EXPENSE OF HEALTHCO IS SHARED EQUALLY BY THE THREE MEMBERS. AT JUNE 30, 2017, PCDC'S INVESTMENT IN HEALTHCO OF $500 WAS REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS AS INVESTMENTS IN LLCS. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (24 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Predominant Income TypePredominantIncomeTypeTxt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of Total IncomeShareOfTotalIncomeAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PCDC EMPIRE STATE HEALTH I | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 262054468 | NEW MARKET FUNDS | NY | RELATED | $519,941 | 0 | Yes (1) | 0.00010 | |
| PCDC EMPIRE STATE HEALTH II | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 262054556 | NEW MARKET FUNDS | NY | RELATED | $975 | 0 | Yes (1) | 0.00010 | $32 |
| PCDC EMPIRE STATE HEALTH III | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 262054665 | NEW MARKET FUNDS | NY | RELATED | $1,999 | 0 | Yes (1) | 0.00010 | $9 |
| PCDC EMPIRE STATE HEALTH IV | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 262054736 | NEW MARKET FUNDS | NY | RELATED | $1,000 | 0 | Yes (1) | 0.00010 | $7 |
| PCDC HEALTH OPP FUND V | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471122026 | NEW MARKET TAX CREDIT | NY | RELATED | $950 | 0 | Yes (1) | 0.00010 | $5 |
| PCDC HEALTH OPP FUND VI | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471147896 | NEW MARKET TAX CREDIT | NY | RELATED | $750 | 0 | Yes (1) | 0.00010 | $5 |
| PCDC HEALTH OPP FUND VII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471150721 | NEW MARKET TAX CREDIT | NY | RELATED | $700 | 0 | Yes (1) | 0.00010 | $8 |
| PCDC HEALTH OPP FUND VIII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471160866 | NEW MARKET TAX CREDIT | NY | RELATED | $400 | 0 | Yes (1) | 0.00010 | $4 |
| PCDC HEALTH OPP FUND IX | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471174154 | NEW MARKET TAX CREDIT | NY | RELATED | $500 | 0 | Yes (1) | 0.00010 | $3 |
| PCDC HEALTH OPP FUND X | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471186012 | NEW MARKET TAX CREDIT | NY | RELATED | $1,200 | 0 | Yes (1) | 0.00010 | $7 |
| PCDC HEALTH OPP FUND XI | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471197703 | NEW MARKET TAX CREDIT | NY | RELATED | $1,250 | 0 | Yes (1) | 0.00010 | $12 |
| PCDC HEALTH OPP FUND XII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 471150721 | NEW MARKET TAX CREDIT | NY | RELATED | $900 | 0 | Yes (1) | 0.00010 | $21 |
| PCDC HEALTH OPP FUND XIII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 474416943 | NEW MARKET TAX CREDIT | NY | RELATED | $1,300 | 0 | Yes (1) | 0.00010 | $9 |
| PCDC HEALTH OPP FUND XIV | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 474439649 | NEW MARKET TAX CREDIT | NY | RELATED | $850 | 0 | Yes (1) | 0.00010 | $4 |
| PCDC HEALTH OPP FUND XV | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 474452002 | NEW MARKET TAX CREDIT | NY | RELATED | $650 | 0 | Yes (1) | 0.00010 | |
| PCDC HEALTH OPP FUND XVI | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 474464362 | NEW MARKET TAX CREDIT | NY | RELATED | $800 | 0 | Yes (1) | 0.00010 | |
| PCDC HEALTH OPP FUND XVII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 474476378 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| HEALTHCO PARTICIPANT LLC | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 464147984 | FINANCING | DE | RELATED | $500 | 0 | Yes (1) | 0.33330 | |
| PCDC HEALTH OPP FUND XVIII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 814830979 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| PCDC HEALTH OPP FUND XIX | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 814845795 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| PCDC HEALTH OPP FUND XX | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 814859546 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| PCDC HEALTH OPP FUND XXI | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 814878558 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| PCDC HEALTH OPP FUND XXII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 814914582 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| PCDC HEALTH OPP FUND XXIII | ||||||||||||
| C/O PCDC 45 BROADWAY | NEW YORK | NY | 10006 | 814932296 | NEW MARKET TAX CREDIT | NY | RELATED | 0 | Yes (1) | 1.00000 | ||
| 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 | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (9 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PCDC EMPIRE STATE HEALTH OPP FUND I | ||
| L | $75,007 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND III | ||
| L | $99,948 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND IX | ||
| L | $54,167 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND X | ||
| L | $60,000 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND XI | ||
| L | $62,500 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND XIII | ||
| L | $444,167 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND XIV | ||
| L | $288,646 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND XV | ||
| L | $205,021 | COST |
| PCDC EMPIRE STATE HEALTH OPP FUND XVI | ||
| L | $241,111 | COST |