STRATEGY STUDIO / PUBLIC DATA EXPLORER

MHANY PENINSULA LOCAL DEVELOPMENT CORPORATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MHANY PENINSULA LOCAL DEVELOPMENT CORPORATION (EIN 32-0575794)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-11
IRS object ID
202543159349302994
Schema version
2024v5.2
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

FieldValueIRS element (for citing)
Return2025-11-11T11:34:44-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN333709623PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line114 SYLVAN WAYAddressLine1Txt
CityPARSIPPANYCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070543801ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320575794EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MHANY PENINSULA LOCAL DEVELOPMENTBusinessNameLine1Txt
Business Name Line2CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMHANBusinessNameControlTxt
Phone7182468080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 VANDERBILT AVE 9TH FLOORAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11238ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonISMENE SPELIOTISPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7182468080PhoneNum
Signature2025-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKYPreparerPersonNm
PTINP01273422PTIN
Phone9732283500PhoneNum
Preparation2025-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerISMENE SPELIOTISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 VANDERBILT AVE 9TH FLOORAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11238ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$707,081GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionCONSTRUCTING, OPERATING AND LEASING APPROXIMATELY 57,000 SQUARE FEET OF INDUSTRIAL COMMERCIAL SPACE IN THE BRONX, NEW YORK.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$63,525PYContributionsGrantsAmt
CY Contributions Grants$375,000CYContributionsGrantsAmt
PY Program Service Revenue$111,966PYProgramServiceRevenueAmt
CY Program Service Revenue$326,558CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$5,523CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$175,491PYTotalRevenueAmt
CY Total Revenue$707,081CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,270,047PYOtherExpensesAmt
CY Other Expenses$1,928,448CYOtherExpensesAmt
PY Total Expenses$1,270,047PYTotalExpensesAmt
CY Total Expenses$1,928,448CYTotalExpensesAmt
PY Revenues Less Expenses-$1,094,556PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,221,367CYRevenuesLessExpensesAmt
Total Assets BOY$39,467,896TotalAssetsBOYAmt
Total Assets EOY$38,843,159TotalAssetsEOYAmt
Total Liabilities BOY$40,743,193TotalLiabilitiesBOYAmt
Total Liabilities EOY$41,944,796TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,275,297NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,101,637NetAssetsOrFundBalancesEOYAmt
MissionCONSTRUCTING, OPERATING AND LEASING APPROXIMATELY 57,000 SQUARE FEET OF INDUSTRIAL COMMERCIAL SPACE IN THE BRONX, NEW YORK.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,904,157ExpenseAmt
Revenue$326,558RevenueAmt
DescCONSTRUCTING, OPERATING AND LEASING APPROXIMATELY 57,000 SQUARE FEET OF INDUSTRIAL COMMERCIAL SPACE IN THE BRONX, NEW YORK.Desc
Total Program Service Expenses$1,904,157TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ISMENE SPELIOTISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182468080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1470 VANDERBILT AVE 9TH FLOORAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11238ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DERRICK OWENS
PRESIDENT1.0013.00Yes (X)Yes (X)$0$0$0
JENNY PACHECO
TREASURER1.0013.00Yes (X)Yes (X)$0$0$0
NATALIE BROWN
SECRETARY1.0013.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$375,000GovernmentGrantsAmt
Total Contributions$375,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business900099BusinessCd
Total Revenue Column$326,558TotalRevenueColumnAmt
Related Or Exempt Func Income$326,558RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$326,558TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,523TotalRevenueColumnAmt
Exclusion$5,523ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$707,081TotalRevenueColumnAmt
Related Or Exempt Func Income$326,558RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,523ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$11,991TotalAmt
Management And General$11,991ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,300TotalAmt
Management And General$12,300ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$309TotalAmt
Program Services$309ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,979TotalAmt
Program Services$18,979ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$169,240TotalAmt
Program Services$169,240ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$507,636TotalAmt
Program Services$507,636ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$972,137TotalAmt
Program Services$972,137ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$43,677TotalAmt
Program Services$43,677ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BAD DEBT$103,795$103,795
REPAIRS & MAINTENANCE$85,078$85,078

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,306TotalAmt
Program Services$3,306ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,928,448TotalAmt
Program Services$1,904,157ProgramServicesAmt
Management And General$24,291ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,168BOYAmt
EOY$17,656EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$940,708EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,419,627BOYAmt
EOY$197,601EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,250BOYAmt
EOY$6,676EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$39,108,701LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,982,777LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$37,868,453BOYAmt
EOY$37,125,924EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$167,398BOYAmt
EOY$554,594EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$39,467,896BOYAmt
EOY$38,843,159EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$93,749BOYAmt
EOY$490,100EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,959,909BOYAmt
EOY$14,230,205EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$90,067BOYAmt
EOY$93,925EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$17,973,985BOYAmt
EOY$18,788,727EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,625,483BOYAmt
EOY$8,341,839EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$40,743,193BOYAmt
EOY$41,944,796EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$1,275,297BOYAmt
EOY-$3,101,637EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,275,297BOYAmt
EOY-$3,101,637EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,467,896BOYAmt
EOY$38,843,159EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,221,367ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$604,973PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$63,525CurrentTaxYearMinus1YearAmt
Current Tax Year$375,000CurrentTaxYearAmt
Total$438,525TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$515,045CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$111,966CurrentTaxYearMinus1YearAmt
Current Tax Year$326,558CurrentTaxYearAmt
Total$953,569TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$515,045CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$175,491CurrentTaxYearMinus1YearAmt
Current Tax Year$701,558CurrentTaxYearAmt
Total$1,392,094TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,392,094PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$44,324CurrentTaxYearMinus2YearsAmt
Current Tax Year$5,523CurrentTaxYearAmt
Total$49,847TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$44,324CurrentTaxYearMinus2YearsAmt
Current Tax Year$5,523CurrentTaxYearAmt
Total$49,847TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$4,000CurrentTaxYearMinus2YearsAmt
Total$4,000TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$563,369CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$175,491CurrentTaxYearMinus1YearAmt
Current Tax Year$707,081CurrentTaxYearAmt
Total$1,445,941TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96280PublicSupportCY509Pct
Public Support PY5090.91840PublicSupportPY509Pct
Investment Income CY0.03450InvestmentIncomeCYPct
Investment Income PY0.05900InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS - 2022 AMOUNT: $ 4,000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,108,701OtherCostOrOtherBasisAmt
Depreciation$1,982,777DepreciationAmt
Book Value$37,125,924BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$37,125,924TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AFFILIATES$6,851,407
DEFERRED DEVELOPER FEE PAYABLE$1,490,432
FieldValueIRS element (for citing)
Total Liability$8,341,839TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, LINE 2B:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION MAINTAINS SECURITY DEPOSITS AS RQUIRED BY STATE LAW.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART IV, LINE 12 A AND B:AS OF THE DATE OF FILING THE FINANCIAL STATEMENT AUDIT FOR THE ORGANIZATION. HAS NOT YET BEEN COMPLETED. FORM 990 HAS BEEN PREPARED BASED ON BEST INFORMATION AVAILABLE. SHOULD INFORMATION SUBSTANTIALLY CHANGE UPON THE COMPLETION OF THE FINANCIAL STATEMENT AUDIT, APPROPRIATE ACTION WILL BE TAKEN.
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION DELEGATES ALL MANAGEMENT RESPONSIBILITIES TO MHANY MANAGEMENT.
FORM 990, PART VI, SECTION A, LINE 8BORGANIZATION DOES NOT HAVE COMMITIEES.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE DESIGNATED BOARD MEMBERS, ANY NECESSARY CHANGES WILL THEN BE UPDATED ON FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH DESIGNATED BOARD MEMBERS ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE PRESIDENT, DATED AND SUBMITIED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
MHANY 1999 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238061548990DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 1999 II HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238113517199DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2002 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238320007137DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2003 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238061699117DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2004 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238830385829DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2005 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238030555171DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2011
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238454459387DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2012 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238455133550DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2012 II HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238455133701DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY 2013
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238462031952DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY DUMONT HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238834597057DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MHANY MANAGEMENT INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238721303737DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 70N/A
MHANY STELLA
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238842668403DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
MUTUAL HOUSING ASSOCIATION OF NEW YORK
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238112848938DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0
NEW JERSEY ACORN HOUSING CORPORATION INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238202802817DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10MHANY MANAGEMENT INC0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
730 ROCKAWAY AVE LP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238510622063INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
830 FOX STREET LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238204745794INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
830 FOX STREET MANAGERS LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238204745901INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
ACORN NEW JERSEY STRAIGHT APARTMENTS LP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238208274955INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
BRISTOL HOPKINSON LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238261948194INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
MHANY 3 ASSOCIATES LP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238900127763INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
MHANY 4 ASSOCIATES LP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238800124285INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
MHANY 5 ASSOC LP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238462264308INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
MHANY CORTELYOU LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238822556713INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
MHANY CORTELYOU GP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238301037750INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
MHANY OWNERS 2015 LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238473738767INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
PE2 OWNERS LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238822972738INVESTMENT IN LOW-INCOME HOUSINGNYN/A00
PHOENIX ESTATES LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238261778302INVESTMENT IN LOW-INCOME HOUSINGNYN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (18 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
1825 ATLANTIC MHANY INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238208927666INVESTMENTNYN/AC0
730 ROCKAWAY INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238208446679INVESTMENTNYN/AC0
830 FOX STREET HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238010869756INVESTMENTNYN/AC0
ACORN STRAIGHT APARTMENTS INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238208274707INVESTMENTNYN/AC0
ACORN BRISTOL HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238412276159INVESTMENTNYN/AC0
MHANY 2007 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238900601941INVESTMENTNYN/AC0
MHANY 2013 HOLDINGS HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238462031952INVESTMENTNYN/AC0
MHANY 2015 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238474107386INVESTMENTNYN/AC0
MHANY 2015 MANAGER INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238473736819INVESTMENTNYN/AC0
MHANY 3 INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238900127755INVESTMENTNYN/AC0
MHANY 4 INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238202487336INVESTMENTNYN/AC0
MHANY 5 INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238721303737INVESTMENTNYN/AC0
MHANY BRITSOL INC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238412276156INVESTMENTNYN/AC0
MHANY CORTELYOU HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238821117521INVESTMENTNYN/AC0
PE2 HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238455133550INVESTMENTNYN/AC0
PE2 MANAGER LLC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238822972738INVESTMENTNYN/AC0
PHOENIX ESTATES HDFC
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238061831748INVESTMENTNYN/AC0
PHOENIX HUNTS POINT CORP
470 VANDERBILT AVE 9TH FLOORBROOKLYNNY11238262210414INVESTMENTNYN/AC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd