DIEGO BEEKMAN MUTUAL HOUSING ASSOC HOUSING DEVELOPMNT FUND CORP: Form 990, tax year 2010
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- Organization
- DIEGO BEEKMAN MUTUAL HOUSING ASSOC HOUSING DEVELOPMNT FUND CORP (EIN 76-0709606)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2012-11-21
- IRS object ID
- 201223269349300007
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-21T11:01:27-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOEB & TROPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 THIRD AVENUE 12TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760709606 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIEGO BEEKMAN MUTUAL HOUSING ASSOCIATION | BusinessNameLine1 |
| Business Name Line2 | HOUSING DEVELOPMENT FUND CORPORATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DIEG | NameControl |
| Phone | 7182929222 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 298 CYPRESS AVENUE | AddressLine1 |
| City | BRONX | City |
| State | NY | State |
| ZIP Code | 10454 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ARLINE PARKS | Name |
| Title | VICE CHAIRMAN AND CEO | Title |
| Phone | 7187327500 | Phone |
| Date Signed | 2012-11-20 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK H ROTHMAN | Name |
| Phone | 2128674000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Name Of Principal Officer Person | ARLINE PARKS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 298 CYPRESS AVENUE | AddressLine1 |
| City | BRONX | City |
| State | NY | State |
| ZIP Code | 10454 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 16572715 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2001 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING FOR ELDERLY ADULTS WHO DO NOT HAVE THE MEANS TO SUPPORT THEMSELVES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 128 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15134280 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 16311751 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4666 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2101 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 241353 | OtherRevenuePriorYear |
| Other Revenue Current Year | 84636 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 15380299 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16398488 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3028380 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3127685 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14625900 | OtherExpensePriorYear |
| Other Expenses Current Year | 13066826 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 17654280 | TotalExpensesPriorYear |
| Total Expenses Current Year | 16194511 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2273981 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 203977 | RevenuesLessExpensesCY |
| Total Assets BOY | 31069926 | TotalAssetsBOY |
| Total Assets EOY | 30194057 | TotalAssetsEOY |
| Total Liabilities BOY | 36479298 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 35399452 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -5409372 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -5205395 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING FOR ELDERLY ADULTS WHO DO NOT HAVE THE MEANS TO SUPPORT THEMSELVES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13094453 | Expense |
| Revenue | 16311751 | Revenue |
| Description | THE ORGANIZATION'S PURPOSE IS TO PROVIDE HOUSING FOR ELDERLY ADULTS WHO OTHERWISE COULD NOT AFFORD TO SUPPORT THEMSELVES. THE ORGANIZATION CONSISTS OF 38 BUILDINGS. THERE ARE A TOTAL OF 1,238 APARTMENTS. | Description |
| Total Program Service Expense | 13094453 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 128 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARLINE PARKS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7182929222 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 298 CYPRESS AVE | AddressLine1 |
| City | BRONX | City |
| State | NY | State |
| ZIP Code | 10454 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ANDREW REICHER | ||||||
| BOARD CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| ARLINE PARKS | ||||||
| VICE CHAIR & CEO | 40.00 | X | X | 41247 | 0 | 0 |
| REVEREND MARTHA OVERALL | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| THOMAS LUMPKIN | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| JOHNINE JOHNSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOY MANIRAM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CARMEN SANTOS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 41247 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIVERSIFIED REAL ESTATE MANAGEMENT LLC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1328 NEW YORK AVENUE | AddressLine1 |
| City | HUNTINGTON STATION | City |
| State | NY | State |
| ZIP Code | 11746 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MANAGEMENT, BOOKKEEPING, AND CONSULTING | DescriptionOfServices |
| Compensation | 590622 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RENTAL INCOME | Description |
| Business Code | 532000 | BusinessCode |
| Total Revenue Column | 16311751 | TotalRevenueColumn |
| Related Or Exempt Function Income | 16311751 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 16311751 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2101 | TotalRevenueColumn |
| Exclusion | $2,101 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 214958 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 174227 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 40731 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40731 | TotalRevenueColumn |
| Exclusion | $40,731 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 43905 | TotalRevenueColumn |
| Exclusion | $43,905 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 43905 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16398488 | TotalRevenueColumn |
| Related Or Exempt Function Income | 16311751 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $86,737 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41247 | Total |
| Management And General | 41247 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2235535 | Total |
| Program Services | 2032101 | ProgramServices |
| Management And General | 203434 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122150 | Total |
| Program Services | 122150 | ProgramServices |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 374492 | Total |
| Program Services | 323619 | ProgramServices |
| Management And General | 50873 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 354261 | Total |
| Program Services | 322792 | ProgramServices |
| Management And General | 31469 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 590622 | Total |
| Program Services | 82342 | ProgramServices |
| Management And General | 508280 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 379573 | Total |
| Management And General | 379573 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24996 | Total |
| Management And General | 24996 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 840455 | Total |
| Program Services | 840455 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 989707 | Total |
| Program Services | 911757 | ProgramServices |
| Management And General | 77950 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5065597 | Total |
| Program Services | 5065597 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1364103 | Total |
| Program Services | 1364103 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1274400 | Total |
| Program Services | 1274400 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650368 | Total |
| Program Services | 650368 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| BAD DEBTS | 1745405 | 1745405 | |
| MISCELLANEOUS EXPENSES | 98409 | 36831 | 61578 |
| AMORTIZATION | 38697 | 38697 | |
| VEHICLE EXPENSE | 4494 | 4494 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16194511 | Total |
| Program Services | 13094453 | ProgramServices |
| Management And General | 3100058 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2386 | BOY |
| EOY | 1000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2560924 | BOY |
| EOY | 2818886 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 705493 | BOY |
| EOY | 572532 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 108763 | BOY |
| EOY | 41309 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 31914282 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 6806442 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26399256 | BOY |
| EOY | 25107840 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1293104 | BOY |
| EOY | 1652490 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31069926 | BOY |
| EOY | 30194057 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3538083 | BOY |
| EOY | 2483088 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32400689 | BOY |
| EOY | 32225436 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 540526 | BOY |
| EOY | 690928 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36479298 | BOY |
| EOY | 35399452 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -5409372 | BOY |
| EOY | -5205395 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -5409372 | BOY |
| EOY | -5205395 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31069926 | BOY |
| EOY | 30194057 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 203977 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14125428 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15023517 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14845550 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15134280 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16311751 | CurrentTaxYear |
| Total | 75440526 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14125428 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15023517 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14845550 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15134280 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16311751 | CurrentTaxYear |
| Total | 75440526 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 75440526 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 153312 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 206867 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6280 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 213559 | CurrentTaxYearMinus1Year |
| Current Tax Year | 217059 | CurrentTaxYear |
| Total | 797077 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 153312 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 206867 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6280 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 213559 | CurrentTaxYearMinus1Year |
| Current Tax Year | 217059 | CurrentTaxYear |
| Total | 797077 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 27172 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17088 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 103985 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 14065 | CurrentTaxYearMinus1Year |
| Current Tax Year | 43905 | CurrentTaxYear |
| Total | 206215 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14305912 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15247472 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14955815 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15361904 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16572715 | CurrentTaxYear |
| Total | 76443818 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.98690 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.98760 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01040 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00990 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 80 | OtherCostOrOtherBasis |
| Book Value | 80 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 30855239 | OtherCostOrOtherBasis |
| Depreciation | 5747479 | Depreciation |
| Book Value | 25107760 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1058963 | OtherCostOrOtherBasis |
| Depreciation | 1058963 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 25107840 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| TENANT SECURITY DEPOSITS HELD IN TRUST | 826335 |
| MORTGAGE COSTS | 826155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1652490 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANTS SECURITY DEPOSITS | $581,049 |
| ACCRUED MORTGAGE INTEREST PAYABLE | $109,879 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 690928 | TotalOfAmounts |
| Total Revenue | 16398488 | TotalRevenue |
| Total Expenses | 16194511 | TotalExpenses |
| Excess Or Deficit For Year | 203977 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 203977 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 16572715 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 174227 | OtherRevenues |
| Revenue Not Rptd F990 | 174227 | RevenueNotRptdF990 |
| Revenue Subtotal | 16398488 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 16398488 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 16368738 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 174227 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 174227 | ExpensesNotRptdF990 |
| Expenses Subtotal | 16194511 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 16194511 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE HOUSING COMPANY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2007 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 174,227. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 174,227. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION ENGAGED A MANAGEMENT COMPANY (AS REQUIRED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT "HUD") TO PROVIDE MANAGEMENT SERVICES INCLUDING PROPERTY MANAGEMENT AND BOOKKEEPING. THESE SERVICES ARE DETAILED IN A FORMAL MANAGEMENT AGREEMENT APPROVED BY HUD. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT REVIEW COMMITTEE WHICH CONSISTS OF THE CHAIR, VICE CHAIR & CEO, SECRETARY AND TREASURER OF THE ORGANIZATION WERE E-MAILED A COPY OF THE AMENDED RETURN TO REVIEW BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE. | |
| THIS STATEMENT IS DIRECTED NOT ONLY TO DIRECTORS AND OFFICERS, BUT TO ANY AGENT, ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE CORPORATION OR ITS BOARD OF DIRECTORS OR MAKE COMMITMENTS ON THEIR BEHALF. THIS WOULD INCLUDE ALL WHO MAKE PURCHASING DECISIONS, ALL PERSONS WHO MIGHT BE DESCRIBED AS "MANAGEMENT PERSONNEL," AND ANYONE WHO HAS PROPRIETARY INFORMATION CONCERNING ANY AFFAIRS OF THE CORPORATION. EACH DIRECTOR, OFFICER, MANAGEMENT AGENT, MANAGEMENT EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT. ANY DIRECTOR, MANAGEMENT AGENT, MANAGEMENT EMPLOYEE MUST RECUSE HIMSELF OR HERSELF AT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE PARTY BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. | FORM 990, PART VI, SECTION B, LINE 12C | |
| DIEGO BEEKMAN HAS A COMPENSATION COMMITTEE THAT UTILIZES A COMPENSATION SURVEY FROM CHARITY NAVIGATOR WHEN DETERMINING THE COMPENSATION OF THE COMPANY'S OFFICERS AND KEY EMPLOYEES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THESE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S CORPORATE OFFICE LOCATED AT 298 CYPRESS AVE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. | FORM 990, PART XII, LINE 2C | |
| AMENDMENTS MADE TO ORIGINAL RETURN FILED | FORM 990, PART I, LINE 15 - SALARIES, OTHER COMPENSATION, EMPLOYEE BENEFITS HAS BEEN CHANGED TO 3,210,027. FORM 990, PART I, LINE 17 - OTHER EXPENSES HAS BEEN CHANGED TO 12,984,484. FORM 990, PART I, LINE 18 - TOTAL EXPENSES HAS BEEN CHANGED TO 16,194,511. FORM 990, PART I, LINE 19 - REVENUE LESS EXPENSES HAS CHANGED TO 203,977. FORM 990, PART I, LINES 20-22 - TOTAL ASSETS, TOTAL LIABILITIES AND NET ASSETS HAVE CHANGE TO 30,194,057, 35,399,452 AND -5,205,395. FORM 990, PART III, LINE 4A AND 4E - EXPENSES HAS CHANGE TO 13,094,453. FORM 990, PART IV, LINES 11F AND 12A - HAVE BEEN CHANGED TO YES FORM 990, PART IX, LINES 7-11A, 11G-16, 22 AND 24A-24B - HAVE BEEN CHANGED TO REFLECT PROGRAM EXPENSES OF 13,094,453, MANAGEMENT EXPENSES OF 3,100,058 AND TOTAL EXPENSES OF 16,194,511. FORM 990, PART X, LINES 1-3, 10B, 16-17, AND 25-34 - HAVE BEEN CHANGED TO REFLECT TOTAL ASSETS OF 30,194,057, TOTAL LIABILITIES OF 35,399,452, TOTAL NET ASSETS OF -5,205,395, AND TOTAL LIABILITIES AND NET ASSETS/FUND BALANCES OF 30,194,057. FORM 990, PART XI, LINES 2, 3, 6 - TOTAL EXPENSES, REVENUES LESS EXPENSES AND NET ASSETS HAVE BEEN CHANGED TO 16,194,511, 203,977 AND -5,205,395. FORM 990, PART XII, LINES 2B, 2C AND 3B - HAVE BEEN CHANGED TO YES. FORM 990, SCHEDULE D, PART VI, LINE 1B AND 1D COLUMN C - ACCUMULATED DEPRECIATION FOR BUILDINGS AND EQUIPMENT HAVE BEEN CHANGED TO 5,747,479 AND 1,058,963. FORM 990, SCHEDULE D, PART VI, LINE 1B AND 1D COLUMN D - BOOK VALUE FOR BUILDINGS AND EQUIPMENT HAVE BEEN CHANGED TO 25,107,760 AND 0. FORM 990, SCHEDULE D, PART VI - TOTAL FIXED ASSETS HAS BEEN CHANGED TO 25,107,840. FORM 990, SCHEDULE D, PART X, LINE 3 - ACCRUED MORTGAGE INTEREST PAYABLE AND THE TOTAL HAVE CHANGED TO 109,879 AND 690,928. FORM 990, SCHEDULE D, PARTS XI, XII, XII AND XIV HAVE BEEN FILLED IN TO REFLECT SIGNED SEPARATE FINANCIAL STATEMENTS BEING AVAILABLE. FORM 990, SCHEDULE O, HAS BEEN CHANGED TO REFLECT THE CHANGES MADE WHILE AMENDING THE RETURN. |