197-201 ROEBLING STREET HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: 197-201 ROEBLING STREET HOUSING DEVELOPMENT FUND CORPORATION (EIN 11-2738733)
Tax period: 2012-10-01 to 2013-09-30
Filed: 2014-08-12
IRS object ID: 201402249349301955
Schema version: 2012v2.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-08-12T02:25:20-00:00	Timestamp
Tax Period End Date	2013-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANDREWS AKLASSOU CPA PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	110 JERICHO TURNPIKE SUITE	AddressLine1
City	FLORAL PARK	City
State	NY	State
ZIP Code	11001	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	112738733	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	197-201 ROEBLING STREET HOUSING DEVELOPMENT FUND CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	197-	NameControl
Phone	7183873600	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	434 SOUTH 5TH STREET	AddressLine1
City	BROOKLYN	City
State	NY	State
ZIP Code	11211	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Ramon Peguero	Name
Title	Executive Director	Title
Date Signed	2014-08-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ANDREW AKLASSOU	Name
Phone	5163552200	Phone
Date Prepared	2014-08-12	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	Ramon Peguero	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	434 South 5th Street	AddressLine1
City	Brooklyn	City
State	NY	State
ZIP Code	11211	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	961075	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	lossures.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1985	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	197-201 Roebling Street HDFC is a Non-Profit Corporation chartered under the laws of State of New York for the purpose of operating a 55 Unit apartment project located in Brooklyn, New York. The Corporation operates under the provisions of Section 202 of the National Housing Act with mortgage insurance provided by United States Department of Housing and Urban Development.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	237554	ContributionsGrantsPriorYear
Contributions Grants Current Year	52003	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	995163	ProgramServiceRevenuePriorYear
Program Service Revenue CY	894349	ProgramServiceRevenueCY
Investment Income Prior Year	624	InvestmentIncomePriorYear
Investment Income Current Year	554	InvestmentIncomeCurrentYear
Other Revenue Prior Year	27057	OtherRevenuePriorYear
Other Revenue Current Year	14169	OtherRevenueCurrentYear
Total Revenue Prior Year	1260398	TotalRevenuePriorYear
Total Revenue Current Year	961075	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	118275	SalariesEtcPriorYear
Salaries Etc Current Year	122056	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	724763	OtherExpensePriorYear
Other Expenses Current Year	746244	OtherExpensesCurrentYear
Total Expenses Prior Year	843038	TotalExpensesPriorYear
Total Expenses Current Year	868300	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	417360	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	92775	RevenuesLessExpensesCY
Total Assets BOY	2388659	TotalAssetsBOY
Total Assets EOY	2440817	TotalAssetsEOY
Total Liabilities BOY	3604826	TotalLiabilitiesBOY
Total Liabilities EOY	3564208	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-1216167	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-1123391	NetAssetsOrFundBalancesEOY
Mission Description	197-201 Roebling Street HDFC is a Non-Profit Corporation Chartered under the Laws of State of New York for the purpose of operating a 55 Unit apartment project located in Brooklyn, New York. The Corporation operates under the provisions of Section 202 of the National Housing Act with mortgage insurance provided by US Department of Housing and Urban Development HUD	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	751449	Expense
Description	Provided low income housing to 55 elderly households	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	70837	Expense
Description	Provided assessment, information and referral, advocacy and service coordination to over 60 senior citizens	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	822286	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	true	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Info In Schedule O Part V	X	InfoInScheduleOPartV
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Ramon Peguero	NamePerson
Telephone Number	7183873600	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	213 South Fourth Street	AddressLine1
City	Brooklyn	City
State	NY	State
ZIP Code	11211	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
David Lopez
Chairman	001.00	X	0	0	0
Ray Narvaez
Vice Chairman	002.00	X	0	0	0
Maria Ocasio
Secretary	002.00	X	0	0	0
Israel Rosario
Treasurer	002.00	X	0	0	0
Rosa Nieves
Member	001.00	X	0	0	0
Gladys Ogando
Member	001.00	X	0	0	0
Gladys Franco
Member	001.00	X	0	0	0
Teresa Cruz
Member	001.00	X	0	0	0
Ricardo Molina
Member	001.00	X	0	0	0
Casandra Acevedo
Member	001.00	X	0	0	0
Juan Ramos
Member	001.00	X	0	0	0
Marty Needelman
Member	001.00	X	0	0	0
Maisha Morales
Member	001.00	X	0	0	0
Ramon Peguero
Executive Director	020.00	X	0	0	0	X	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Info In Schedule O Part VIII	X	InfoInScheduleOPartVIII
Government Grants	52003	GovernmentGrants
Total Contributions	52003	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	Rental Income	Description
Total Revenue Column	894349	TotalRevenueColumn
Related Or Exempt Function Income	894349	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	894349	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	554	TotalRevenueColumn
Related Or Exempt Function Income	554	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Laundry income	532000	1405	1405
Administrative fee income and other refunds	532000	57	57
Refunds	532000	12707	12707

Field	Value	IRS element (for citing)
Total Other Revenue	14169	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	961075	TotalRevenueColumn
Related Or Exempt Function Income	909072	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	81113	Total
Program Services	65053	ProgramServices
Management And General	16060	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	33604	Total
Program Services	29949	ProgramServices
Management And General	3655	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	7339	Total
Program Services	5885	ProgramServices
Management And General	1454	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	29568	Total
Program Services	29568	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	4181	Total
Management And General	4181	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	32000	Total
Program Services	32000	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	19452	Total
Management And General	19452	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8418	Total
Program Services	7576	ProgramServices
Management And General	842	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	290724	Total
Program Services	290724	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	107266	Total
Program Services	107266	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	18560	Total
Program Services	18190	ProgramServices
Management And General	370	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Utilities	83483	83483
Supplies	13092	13092
Contracts	54067	54067
Real estate and other taxes	80474	80474

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	4959	Total
Program Services	4959	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	868300	Total
Program Services	822286	ProgramServices
Management And General	46014	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	50446	BOY
EOY	85648	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	12638	BOY
EOY	9978	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	5895	BOY
EOY	8346	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	4439	BOY
EOY	15585	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4289857	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2504969	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1890799	BOY
EOY	1784888	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	424442	BOY
EOY	536372	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2388659	BOY
EOY	2440817	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	137052	BOY
EOY	175240	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	5611	BOY
EOY	2242	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	3449625	BOY
EOY	3374305	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	12538	BOY
EOY	12421	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3604826	BOY
EOY	3564208	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-1216167	BOY
EOY	-1123391	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-1216167	BOY
EOY	-1123391	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2388659	BOY
EOY	2440817	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	92775	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview

Accountant Compile Or Review Basis AccountantCompileOrReviewBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	50908	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	48243	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	46351	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	50661	CurrentTaxYearMinus1Year
Current Tax Year	52003	CurrentTaxYear
Total	248166	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	50908	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	48243	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	46351	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	50661	CurrentTaxYearMinus1Year
Current Tax Year	52003	CurrentTaxYear
Total	248166	Total

Field	Value	IRS element (for citing)
Public Support Total170	248166	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1416	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	478	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	490	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	624	CurrentTaxYearMinus1Year
Current Tax Year	554	CurrentTaxYear
Total	3562	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	89515	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7129	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	6413	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	27057	CurrentTaxYearMinus1Year
Current Tax Year	14169	CurrentTaxYear
Total	144283	Total

Field	Value	IRS element (for citing)
Total Support	396011	TotalSupport
Public Support Pertcentage170	0.62670	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.50000	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Percentage509	0.00000	PublicSupportPercentage509
Investment Income Percentage	0.00000	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	108900	OtherCostOrOtherBasis
Book Value	28000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4164051	OtherCostOrOtherBasis
Depreciation	2418115	Depreciation
Book Value	1745936	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	14763	OtherCostOrOtherBasis
Depreciation	3975	Depreciation
Book Value	10788	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2143	OtherCostOrOtherBasis
Depreciation	-174448	Depreciation
Book Value	164	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1784888	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription
Financial derivatives and other financial products
Closely-held equity interests

Other Assets OtherAssets (5 entries)

DescriptionDescription	Book ValueBookValue
Tenant security deposits	12421
Reserve for replacement	406893
Due from affiliated or related parties
Advance receivable	111416
Due from affiliated or related parties	5642

Field	Value	IRS element (for citing)
Total Book Value Other Assets	536372	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Federal income taxes
Tenant security deposits	$12,421

Field	Value	IRS element (for citing)
Total Of Amounts	12421	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	961075	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	961075	RevenueSubtotal
Total Revenue Per Form990	961075	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	868300	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	868300	ExpensesSubtotal
Total Expenses Per Form990	868300	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

ExplanationExplanation
Form 990 Part VI Section A Line 3 Engaged in real property management company to manage residential rental building. The management company is an affiliate with the same governing body and key employees
Form 990 Part VI Section A Line 6 7 The organization is comprised of volunteer non-compensated members and officers. Each member is assigned one vote. The governing board is elected by members.
Form 990 Part VI Section B Line 10-A A draft of the tax return is discussed and reviewed with the Organizations top management and officers before a final draft is approved for submission.
Form 990 Part VIII Section B Line 12C Officers are not compensated. Key employee performances are evaluated annually upon submission of salary increase by executive director.
Form 990 Part VI Section C Line 19 Documents are available upon request to the public. Financial statements are filed with Local, County and State Agencies.
Form 990 Part V Section B Line 14 The only retention policies that we follow is that imposed by grant agreements and the State of New York legal requirements. However, we have not created an internal retention policy.