DREAM CENTER NYC: Form 990EZ, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- DREAM CENTER NYC (EIN 46-2565031)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2025-01-15
- IRS object ID
- 202520159349201117
- Schema version
- 2022v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-01-15T16:11:03Z | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462565031 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DREAM CENTER NYC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DREA | BusinessNameControlTxt |
| Phone | 9173276050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9-11 44th Drive | AddressLine1Txt |
| City | Long Island City | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11101 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stephen Perumalla | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 9173276050 | PhoneNum |
| Signature | 2024-12-30 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | www.dreamcenter.nyc | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $173,055 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $173,055 | ContributionsGiftsGrantsEtcAmt |
| Total Revenue | $173,055 | TotalRevenueAmt |
| Occupancy Rent Utlts And Maint | $92,909 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $1,110 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $171,501 | OtherExpensesTotalAmt |
| Total Expenses | $265,520 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$92,465 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $115,525 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,060 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,525 | BOYAmt |
| EOY | $23,060 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,525 | BOYAmt |
| EOY | $23,060 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,525 | BOYAmt |
| EOY | $23,060 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Charitable Organization | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| Additional covid 19 relief efforts outside of the standard adopt-a-block initiative | $69,955 | $69,995 |
| Our Adopt-A-Block program was developed as we saw overlooked and underserved neighbors in our communities working hard to provide better futures for their families. With the additional challenges of covid 29 | $127,688 | $127,688 |
| Our organization provides missional opportunities for groups outside and inside NYC. These expenses help us to train, equip, host, and mobilize for these opportunities. | $42,900 | $42,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $240,583 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (2 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Nancy Spannbauer | ||||
| Board Member | 1.00 | $0 | $0 | $0 |
| Stephen Perumalla | ||||
| President | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Priscilla Perumalla | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9-11 44th Drive | AddressLine1Txt |
| City | Long Island City | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8172350205 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Related Org Sect527 Org | false | RelatedOrgSect527OrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Other Employee Paid Over100k | 0 | OtherEmployeePaidOver100kCnt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
| Supported Organizations | 0 | SupportedOrganizationsCnt |
| Supported Organizations Total | 0 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $494,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $89,638 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $275,235 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $228,193 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $173,505 | CurrentTaxYearAmt |
| Total | $1,260,800 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $494,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $89,638 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $275,235 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $228,193 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $173,505 | CurrentTaxYearAmt |
| Total | $1,260,800 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,260,800 | PublicSupportTotal170Amt |
| Total Support | $1,260,800 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.97000 | 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 O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 16 | FormAndLineReferenceDesc |
| Explanation | Part 1 Line 16 Advertising and Promotion $2,430.00 Conferences, Conventions, and Meetings $12,398.00 Insurance $9016.00 Finance Consulting $7550.00 Transportation $14,518.00 Housing/Utilities $32,960.00 Adopt a Block Supplies $23,021.00 Communication $2263.00 Fuel $2,743.00 Covid 19 Relief Program $64602.00 | ExplanationTxt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Our organization shifted leadership and was unaware of filing dates for the 990. We have acted quickly to rectify other negligent items for the organization and upon receiving a letter informing mailed prior year 990s were not allowed we contacted IRS to learn the appropriate method for filing. | ExplanationTxt |
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