CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC (EIN 11-2683663)
Tax period
2020-07-01 to 2021-06-30
Filed
2023-03-16
IRS object ID
202310759349300636
Schema version
2020v4.2
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)
Return2023-03-16T09:35:08-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BOSTON PLACE SUITE 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN112683663EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CYPRESS HILLS LOCAL DEVELOPMENTBusinessNameLine1Txt
Business Name Line2CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCYPRBusinessNameControlTxt
Phone7186472800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1625 JAMAICA AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHELLE NEUGEBAUERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7186472800PhoneNum
Signature2022-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHELLEPersonFirstNm
Person LastNEUGEBAUERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKY CPAPreparerPersonNm
PTINP01273422PTIN
Phone6176481400PhoneNum
Preparation2022-10-07PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerMICHELLE NEUGEBAUERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1625 JAMAICA AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11208ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$16,534,451GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CYPRESSHILLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE MISSION OF CHLDC IS TO BUILD A STRONG, EQUITABLE EAST NEW YORK BY REVITALIZING THE COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee496TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,034,686PYContributionsGrantsAmt
CY Contributions Grants$13,416,582CYContributionsGrantsAmt
PY Program Service Revenue$267,731PYProgramServiceRevenueAmt
CY Program Service Revenue$2,431,545CYProgramServiceRevenueAmt
PY Investment Income$59,390PYInvestmentIncomeAmt
CY Investment Income$84,314CYInvestmentIncomeAmt
PY Other Revenue$546,456PYOtherRevenueAmt
CY Other Revenue$159,108CYOtherRevenueAmt
PY Total Revenue$14,908,263PYTotalRevenueAmt
CY Total Revenue$16,091,549CYTotalRevenueAmt
PY Grants And Similar Paid$26,836PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$13,230CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,335,486PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$10,739,209CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$276,232CYTotalFundraisingExpenseAmt
PY Other Expenses$3,210,464PYOtherExpensesAmt
CY Other Expenses$2,624,267CYOtherExpensesAmt
PY Total Expenses$14,572,786PYTotalExpensesAmt
CY Total Expenses$13,376,706CYTotalExpensesAmt
PY Revenues Less Expenses$335,477PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,714,843CYRevenuesLessExpensesAmt
Total Assets BOY$17,386,266TotalAssetsBOYAmt
Total Assets EOY$20,394,898TotalAssetsEOYAmt
Total Liabilities BOY$12,983,131TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,618,151TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,403,135NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,776,747NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWITH COMMUNITY RESIDENTS LEADING THE WAY, THE MISSION OF CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (CHLDC) IS TO BUILD A STRONG SUSTAINABLE CYPRESS HILLS AND EAST NEW YORK, WHERE YOUTH AND ADULTS ACHIEVE EDUCATIONAL AND ECONOMIC SUCCESS, SECURE AFFORDABLE HOUSING AND DEVELOP LEADERSHIP SKILLS TO TRANSFORM THEIR LIVES AND COMMUNITY. WE ALSO PROMOTE POLICIES THAT PROMOTE RACIAL EQUITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,864,943ExpenseAmt
Grant$13,230GrantAmt
Revenue$2,734,488RevenueAmt
DescYOUTH AND HUMAN SERVICES THE CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (CHLDC) SERVED 2,042 CHILDREN IN HIGH QUALITY, COMPREHENSIVE AFTERSCHOOL AND SUMMER CAMP PROGRAMMING IN FY21, FOLLOWING PUBLIC HEALTH PROTOCOLS. WE ENGAGED YOUNG PEOPLE IN EVIDENCE-BASED LITERACY BUILDING PROGRAMMING, ARTS AND CULTURAL ACTIVITIES, RECREATION AND SPORTS AND COMMUNITY SERVICE. OUR ORGANIZATION IMPLEMENTED SEVERAL STRATEGIES AND MODELS TO STRENGTHEN THE SOCIAL AND EMOTIONAL COMPETENCIES OF OUR PROGRAM PARTICIPANTS THIS HAS BEEN AN EVEN HIGHER PRIORITY DURING THE COVID-19 PANDEMIC. AT OUR BEACON SCHOOL-BASED COMMUNITY CENTERS AT JHS 218 AND PS 214 WE SERVED 742 CHILDREN AND ADULTS WITH EDUCATION, RECREATION AND LEADERSHIP DEVELOPMENT PROGRAMS, INCLUDING OUR COUNSELORS IN TRAINING INITIATIVE WHICH IS THE FIRST RUNG OF OUR INTERNAL LADDERS OF LEADERSHIP WHICH ENHANCES THE LEADERSHIP SKILLS OF OUR YOUTH AND TRAINS THEM FOR CAREERS IN YOUTH DEVELOPMENT AT OUR ORGANIZATION. IN FY21 OUR MIDDLE SCHOOL STUDENT SUCCESS CENTER (MSSSC) SUPPORTED 517 MIDDLE SCHOOL STUDENTS AND THEIR FAMILIES THROUGH THE CITY'S COMPLEX HIGH SCHOOL CHOICE PROCESS, ENABLING 80% OF OUR STUDENTS TO SECURE ADMISSION TO HIGH SCHOOLS WITH GRADUATION RATES ABOVE 75%. THE MSSSC ALSO EXPOSED OUR YOUNG PEOPLE TO EARLY COLLEGE PLANNING AND TRAINED NINE YOUTH LEADERS TO ACT AS PEER COUNSELORS IN THE HIGH SCHOOL AND EARLY COLLEGE PLANNING PROCESS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,617,843ExpenseAmt
DescHOUSING AND COMMUNITY DEVELOPMENT WE ARE FINISHING UP CONSTRUCTION ON CHESTNUT COMMONS WHICH WILL PROVIDE DEEPLY AND PERMANENTLY AFFORDABLE HOUSING TO 274 FAMILIES, NEIGHBORHOOD RETAIL AND A NEW COMMUNITY CENTER RUN BY CHLDC. YOUNG ADULTS, GRADUATING FROM OUR BUILDING EAST NEW YORK JOB TRAINING INITIATIVE HAVE FOUND EMPLOYMENT THROUGHOUT THE CONSTRUCTION OF CHESTNUT COMMONS. THROUGH THE GENEROSITY OF MANY DONORS, CHLDC RAISED OVER $4 MILLION FOR THE BUILD-OUT, FURNITURE, FIXTURE AND EQUIPMENT, IT AND AV, AND SIGNAGE AND WAYFINDING FOR THE COMMUNITY CENTER. DURING THE YEAR, WE ALSO MADE PROGRESS ON SEVERAL OTHER AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION PROJECTS WHICH ARE IN THE PRE-DEVELOPMENT PHASE. WE HOSTED OUR CYPRESS HILLS FARMER'S MARKET WITH GROWNYC AND HELPED 1,242 COMMUNITY MEMBERS ACCESS HEALTHY FOOD. IN FY21, OUR HOUSING COUNSELORS ASSISTED 386 RENTERS AND HOMEOWNERS IN ACCESSING EMERGENCY HOUSING RELIEF PROGRAMS, SECURING REPAIRS AND PREVENTING DISPLACEMENT. CHLDC OFFERED IN-PERSON EVICTION PREVENTION, TENANT COUNSELING, FORECLOSURE PREVENTION, FINANCIAL LITERACY AND HOMEOWNERSHIP STABILIZATION SUPPORT THROUGHOUT THIS TURBULENT YEAR.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$261,211ExpenseAmt
DescCAREER & EDUCATION PROGRAMS, SMALL BUSINESS SUPPORT AND COMMUNITY ORGANIZING CHLDC SERVED 676 RESIDENTS THROUGH OUR CAREER & EDUCATION PROGRAMS IN FY21 WHICH INCLUDES SUMMER YOUTH EMPLOYMENT AND SECTOR SPECIFIC JOB TRAINING PROGRAMS, INCLUDING TRANSPORTATION EDUCATION AT CYPRESS HILLS (TE@CH,) TRAINING TO OBTAIN THE COMMERCIAL DRIVER'S LICENSE, BUILDING ENY BASELINE CONSTRUCTION SKILLS TRAINING, BUILDINGWORKS THROUGH A PARTNERSHIP WITH THE CARPENTER'S UNION YOUNG ADULTS RECEIVED ADVANCED TRAINING AND CERTIFICATIONS AS WELL AS UNION EMPLOYMENT, AND CAREERS THAT CARE TRAINING IN ENTRY LEVEL HEALTH CARE CAREERS. WE ALSO CONTINUED TO PROVIDE CLASSES TO PREPARE YOUNG ADULTS FOR THE HIGH SCHOOL EQUIVALENCY EXAM. CHLDC ORGANIZED LOCAL MERCHANTS TO PLAN FOR A BUSINESS IMPROVEMENT DISTRICT IN THE NEIGHBORHOOD AND HELPED WITH GRAFFITI AND TRASH REMOVAL AND COMMUNITY CLEAN-UP ON THE COMMERCIAL CORRIDOR.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

DescDesc
HOUSING AND COMMUNITY DEVELOPMENT WE ARE FINISHING UP CONSTRUCTION ON CHESTNUT COMMONS WHICH WILL PROVIDE DEEPLY AND PERMANENTLY AFFORDABLE HOUSING TO 274 FAMILIES, NEIGHBORHOOD RETAIL AND A NEW COMMUNITY CENTER RUN BY CHLDC. YOUNG ADULTS, GRADUATING FROM OUR BUILDING EAST NEW YORK JOB TRAINING INITIATIVE HAVE FOUND EMPLOYMENT THROUGHOUT THE CONSTRUCTION OF CHESTNUT COMMONS. THROUGH THE GENEROSITY OF MANY DONORS, CHLDC RAISED OVER $4 MILLION FOR THE BUILD-OUT, FURNITURE, FIXTURE AND EQUIPMENT, IT AND AV, AND SIGNAGE AND WAYFINDING FOR THE COMMUNITY CENTER. DURING THE YEAR, WE ALSO MADE PROGRESS ON SEVERAL OTHER AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION PROJECTS WHICH ARE IN THE PRE-DEVELOPMENT PHASE. WE HOSTED OUR CYPRESS HILLS FARMER'S MARKET WITH GROWNYC AND HELPED 1,242 COMMUNITY MEMBERS ACCESS HEALTHY FOOD. IN FY21, OUR HOUSING COUNSELORS ASSISTED 386 RENTERS AND HOMEOWNERS IN ACCESSING EMERGENCY HOUSING RELIEF PROGRAMS, SECURING REPAIRS AND PREVENTING DISPLACEMENT. CHLDC OFFERED IN-PERSON EVICTION PREVENTION, TENANT COUNSELING, FORECLOSURE PREVENTION, FINANCIAL LITERACY AND HOMEOWNERSHIP STABILIZATION SUPPORT THROUGHOUT THIS TURBULENT YEAR.
CAREER & EDUCATION PROGRAMS, SMALL BUSINESS SUPPORT AND COMMUNITY ORGANIZING CHLDC SERVED 676 RESIDENTS THROUGH OUR CAREER & EDUCATION PROGRAMS IN FY21 WHICH INCLUDES SUMMER YOUTH EMPLOYMENT AND SECTOR SPECIFIC JOB TRAINING PROGRAMS, INCLUDING TRANSPORTATION EDUCATION AT CYPRESS HILLS (TE@CH,) TRAINING TO OBTAIN THE COMMERCIAL DRIVER'S LICENSE, BUILDING ENY BASELINE CONSTRUCTION SKILLS TRAINING, BUILDINGWORKS THROUGH A PARTNERSHIP WITH THE CARPENTER'S UNION YOUNG ADULTS RECEIVED ADVANCED TRAINING AND CERTIFICATIONS AS WELL AS UNION EMPLOYMENT, AND CAREERS THAT CARE TRAINING IN ENTRY LEVEL HEALTH CARE CAREERS. WE ALSO CONTINUED TO PROVIDE CLASSES TO PREPARE YOUNG ADULTS FOR THE HIGH SCHOOL EQUIVALENCY EXAM. CHLDC ORGANIZED LOCAL MERCHANTS TO PLAN FOR A BUSINESS IMPROVEMENT DISTRICT IN THE NEIGHBORHOOD AND HELPED WITH GRAFFITI AND TRASH REMOVAL AND COMMUNITY CLEAN-UP ON THE COMMERCIAL CORRIDOR.LASTLY, CHLDC MOBILIZED LOCAL RESIDENTS AND MERCHANTS THROUGH THE COALITION FOR COMMUNITY ADVANCEMENT TO DEMAND HOUSING AND ECONOMIC JUSTICE FOR THE COMMUNITY. 428 RESIDENTS PARTICIPATED IN MEETINGS AND ACTIONS TO STOP THE DISPLACEMENT OF BLACK AND LATINX, LOW AND MODERATE INCOME PEOPLE FROM ENY. ONE SIGNIFICANT VICTORY WAS THE ESTABLISHMENT OF A CEASE & DESIST ZONE IN THE NEIGHBORHOOD WHICH CREATED A "DO NOT SOLICIT" REGISTRY FOR HOMEOWNERS WHO PREFER NOT TO BE HARASSED INTO SELLING THEIR HOMES. CHLDC ALSO SUPPORTED YOUTH ORGANIZING THROUGH FUTURE OF TOMORROW. THIS DYNAMIC YOUTH GROUP IS SEEKING REFORMS TO THE CITY'S SUSPENSION AND POLICING POLICIES IN PUBLIC SCHOOLS. THEY ALSO LED THE WAY IN HOSTING COMMUNITY CONVERSATIONS ABOUT SAFETY AND ALTERNATIVES TO POLICING. MOREOVER, CHLDC IS INCUBATING THE EAST NEW YORK COMMUNITY LAND TRUST WHICH IS ADVOCATING FOR COMMUNITY CONTROL OF PUBLIC LAND IN THE NEIGHBORHOOD.
FieldValueIRS element (for citing)
Total Program Service Expenses$10,743,997TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
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 AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document35IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee496EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
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 CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
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 Line1NANCY SEGARRABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7186472800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1625 JAMAICA AVENUEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11208ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
AIDAN LANIGAN
BOARD MEMBER1.000.00Yes (X)$0$0$0
ALEXIS SANCHEZ
BOARD MEMBER1.000.00Yes (X)$0$0$0
AMORY SANCHEZ
BOARD MEMBER1.000.00Yes (X)$0$0$0
FLORENCE CHARLES
TREASURER1.000.00Yes (X)$0$0$0Yes (X)
GEORGE TORRES
BOARD MEMBER1.000.00Yes (X)$0$0$0
GLADYS DE SANTIAGO
OUTGOING TREASURER1.000.00Yes (X)$0$0$0Yes (X)
HAROLD GREEN
CHAIR EMERITUS1.000.00Yes (X)$0$0$0Yes (X)
IVELISSE GONZALEZ
BOARD MEMBER1.000.00Yes (X)$0$0$0
MARISOL QUINONES
SECRETARY1.000.00Yes (X)$0$0$0Yes (X)
MELODY ANDINO
BOARD MEMBER1.000.00Yes (X)$0$0$0
MELODYE HARVEY
ASSISTANT TREASURER1.000.00Yes (X)$0$0$0Yes (X)
MICHAEL LAWES
PRESIDENT1.000.00Yes (X)$0$0$0Yes (X)
MIRIAN RODRIGUEZ
BOARD MEMBER1.000.00Yes (X)$0$0$0
NICHOLAS RUSSO
BOARD MEMBER1.000.00Yes (X)$0$0$0
R D GENTZLER
BOARD MEMBER1.000.00Yes (X)$0$0$0
SYLVIA STOVALL
PRESIDENT HOUSING SUBSIDIARIES1.000.00Yes (X)$0$0$0Yes (X)
GAUDI POLANCOMENDOZA
CHIEF FINANCIAL OFFICER35.000.00$149,726$0$9,477Yes (X)
MICHELLE NEUGEBAUER
EXECUTIVE DIRECTOR35.000.00$175,263$0$36,287Yes (X)
EMILY N VAN INGEN
DEPUTY DIRECTOR35.000.00$165,844$0$35,586Yes (X)
ERICA OQUENDO
DIVISION DIRECTOR, YOUTH AND FAMILY SERVICES35.000.00$100,624$0$26,869Yes (X)
LOWELL HERSCHBERGER
DIVISION DIRECTOR, CAREER AND EDUCATION PROGRAMS35.000.00$103,188$0$27,652Yes (X)
TANIA RIVERA
DIVISION DIRECTOR, FUND DEVELOPMENT & STRATEGIC IN35.000.00$100,591$0$32,021Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$795,236TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$167,892TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$9,974,604GovernmentGrantsAmt
All Other Contributions$3,441,978AllOtherContributionsAmt
Total Contributions$13,416,582TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMANAGEMENT & DEVELOPMENT FEESDesc
Business531310BusinessCd
Total Revenue Column$2,431,545TotalRevenueColumnAmt
Related Or Exempt Func Income$2,431,545RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,431,545TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$84,314TotalRevenueColumnAmt
Exclusion$84,314ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$299,067RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$442,902RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$143,835RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$143,835TotalRevenueColumnAmt
Exclusion-$143,835ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
BAD DEBT RECOVERY900099$235,422$235,422
MISCELLANEOUS900099$67,521$67,521
FieldValueIRS element (for citing)
Other Revenue Total$302,943OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,091,549TotalRevenueColumnAmt
Related Or Exempt Func Income$2,734,488RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$59,521ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$13,230TotalAmt
Program Services$13,230ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$348,801TotalAmt
Program Services$264,426ProgramServicesAmt
Management And General$76,069ManagementAndGeneralAmt
Fundraising$8,306FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,436,633TotalAmt
Program Services$6,386,833ProgramServicesAmt
Management And General$1,855,084ManagementAndGeneralAmt
Fundraising$194,716FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$114,179TotalAmt
Program Services$88,154ProgramServicesAmt
Management And General$22,212ManagementAndGeneralAmt
Fundraising$3,813FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,200,357TotalAmt
Program Services$926,767ProgramServicesAmt
Management And General$233,500ManagementAndGeneralAmt
Fundraising$40,090FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$639,239TotalAmt
Program Services$493,538ProgramServicesAmt
Management And General$124,351ManagementAndGeneralAmt
Fundraising$21,350FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$27,700TotalAmt
Program Services$27,700ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$83,544TotalAmt
Program Services$83,544ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$621,060TotalAmt
Program Services$621,060ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,641TotalAmt
Program Services$4,641ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$694,119TotalAmt
Program Services$694,119ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$31,633TotalAmt
Program Services$31,633ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,421TotalAmt
Program Services$4,261ProgramServicesAmt
Fundraising$2,160FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$45,261TotalAmt
Management And General$45,261ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$12,292TotalAmt
Program Services$12,292ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$216,791TotalAmt
Program Services$216,791ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
MISCELLANEOUS EXPENSES$446,326$446,326
EQUIPMENT RENTAL$286,671$286,671
REPAIRS AND MAINTENANCE$126,237$126,237
YOUTH EVENTS/ACTIVITIES$17,230$11,433$5,797

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,341TotalAmt
Program Services$4,341ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,376,706TotalAmt
Program Services$10,743,997ProgramServicesAmt
Management And General$2,356,477ManagementAndGeneralAmt
Fundraising$276,232FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$801,839BOYAmt
EOY$561,670EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,805,046BOYAmt
EOY$2,342,651EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,437,160BOYAmt
EOY$3,881,028EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$18,275BOYAmt
EOY$472,838EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$8,916,800BOYAmt
EOY$8,966,290EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$217,530BOYAmt
EOY$62,849EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$926,481LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$904,489LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$34,284BOYAmt
EOY$21,992EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,155,332BOYAmt
EOY$4,085,580EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,386,266BOYAmt
EOY$20,394,898EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,287,786BOYAmt
EOY$1,243,725EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$668,867BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$8,581,800BOYAmt
EOY$8,661,800EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$2,263,062BOYAmt
EOY$2,513,340EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$181,616BOYAmt
EOY$199,286EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,983,131BOYAmt
EOY$12,618,151EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,524,151BOYAmt
EOY$6,356,747EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,878,984BOYAmt
EOY$1,420,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,403,135BOYAmt
EOY$7,776,747EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,386,266BOYAmt
EOY$20,394,898EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,714,843ReconcilationRevenueExpnssAmt
Prior Period Adjustments$658,769PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,671,529CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,319,890CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,248,130CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,034,686CurrentTaxYearMinus1YearAmt
Current Tax Year$13,416,582CurrentTaxYearAmt
Total$70,690,817TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,671,529CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,319,890CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,248,130CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,034,686CurrentTaxYearMinus1YearAmt
Current Tax Year$13,416,582CurrentTaxYearAmt
Total$70,690,817TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$70,690,817PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$70,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$72,026CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$135,298CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$438,576CurrentTaxYearMinus1YearAmt
Current Tax Year$383,381CurrentTaxYearAmt
Total$1,099,518TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,090CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$149,605CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,496CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$414,124CurrentTaxYearMinus1YearAmt
Current Tax Year$302,943CurrentTaxYearAmt
Total$948,258TotalAmt
FieldValueIRS element (for citing)
Total Support$72,738,593TotalSupportAmt
Gross Receipts Rltd Activities$3,253,186GrossReceiptsRltdActivitiesAmt
Public Support CY1700.97180PublicSupportCY170Pct
Public Support PY1700.96820PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationBAD DEBT RECOVERY - 2019 AMOUNT: $ 342,335. 2020 AMOUNT: $ 235,422. FUNDRAISING - 2016 AMOUNT: $ 17,600. 2017 AMOUNT: $ 47,880. 2018 AMOUNT: $ 15,480. MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 1,490. 2017 AMOUNT: $ 101,725. 2018 AMOUNT: $ 47,016. 2019 AMOUNT: $ 71,789. 2020 AMOUNT: $ 67,521.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 C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$4,260DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$4,260TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLOBBIED FOR DEEPLY AFFORDABLE HOUSING, DISPLACEMENT PREVENTION, ECONOMIC INVESTMENTS AND OTHER COMMUNITY BENEFITS. ALL LOBBYING EXPENSES WERE ALLOCATIONS OF EMPLOYEE SALARIES.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$417,929OtherCostOrOtherBasisAmt
Depreciation$417,929DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$508,552OtherCostOrOtherBasisAmt
Depreciation$486,560DepreciationAmt
Book Value$21,992BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$21,992TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DUE FROM AFFILIATES$4,029,964
TENANT SECURITY HELD IN TRUST$21,175
UTILITY DEPOSIT$34,441
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,085,580TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
TENANT SECURITY DEPOSITS$46,000
DEFERRED RENT$153,286
FieldValueIRS element (for citing)
Total Liability$199,286TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$16,544,981TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$10,530DonatedServicesAndUseFcltsAmt
Revenue Not Reported$10,530RevenueNotReportedAmt
Revenue Subtotal$16,534,451RevenueSubtotalAmt
Other Revenues Not Included-$442,902OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$442,902RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,091,549TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$13,830,138TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$10,530DonatedServicesUseFcltsAmt
Other Expenses Included$442,902OtherExpensesIncludedAmt
Expenses Not Reported$453,432ExpensesNotReportedAmt
Expenses Subtotal$13,376,706ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$13,376,706TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION, INC., CYPRESS HILLS CHILD CARE CORPORATION, ARLINGTON APARTMENTS HDFC, CYPRESS HOMES HDFC, CYPRESS WEST HOUSING DEVELOPMENT FUND CORPORATION, AND PITKIN BERRIMAN HDFC (COLLECTIVELY, THE "NONPROFIT CORPORATIONS") HAVE APPLIED FOR AND RECEIVEDA DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS TAX-EXEMPT ENTITIES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2021. DUE TO THEIR TAX-EXEMPT STATUS, THE NONPROFIT CORPORATIONS ARE NOT SUBJECT TO INCOME TAXES. THE NONPROFIT CORPORATIONS ARE REQUIRED TO FILE AND DO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. CYPRESS CORNERS HOUSING CORPORATION, CYPRESS COURT HOUSING CORPORATION, CYPRESS PLAZA DEVELOPMENT CORPORATION, CYPRESS VILLAGE HOUSING CORPORATION, PITKIN HOUSING CORPORATION AND CYPRESS PLACE SENIOR HOUSING CORPORATION HAVE ELECTED TO BE TREATED AS A CORPORATION, AND ALL ITEMS OF TAXABLE INCOME, DEDUCTIONS AND TAX CREDITS ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. MANAGEMENT HAS NOT DEEMED THERE TO BE ANY SIGNIFICANT CURRENT OR DEFERRED TAX ASSETS OR LIABILITIES RELATED TO THE TAX STATUS OF CYPRESS CORNERS HOUSING CORPORATION, CYPRESS COURT HOUSING CORPORATION, CYPRESS PLAZA DEVELOPMENT CORPORATION, CYPRESS VILLAGE HOUSING CORPORATION, PITKIN HOUSING CORPORATION AND CYPRESS PLACE SENIOR HOUSING CORPORATION. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT PROVISIONS FOR INCOME TAXES AND CYPRESS CORNERS HOUSING CORPORATION, CYPRESS COURT HOUSING CORPORATION, CYPRESS PLAZA DEVELOPMENT CORPORATION, CYPRESS VILLAGE HOUSING CORPORATION, PITKIN HOUSING CORPORATION AND CYPRESS PLACE SENIOR HOUSING CORPORATION HAVE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. THE REMAINING ENTITIES INCLUDED IN THESE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS ARE PARTNERSHIPS OR LIMITED LIABILITY COMPANIES WHOSE ACTIVITIES ARE PASSED THROUGH AND REPORTED DIRECTLY BY THEIR PARTNERS OR MEMBERS. ACCORDINGLY, THESE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE RELATED TO THESE ENTITIES. TAX YEARS STILL OPEN FOR IRS EXAMINATION ARE THE YEARS ENDED JUNE 30, 2018 AND THEREAFTER.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RENTAL EXPENSES -442,902.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 442,902.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
STIPENDS27$5,730
SCHOLARSHIP8$7,500

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I , LINE 2FormAndLineReferenceDesc
ExplanationPROGRAM PARTICIPANTS ARE AWARDED THE STIPEND AFTER SUCCESSFUL COMPLETION OF THE LEADERSHIP DEVELOPMENT PROGRAMExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHELLE NEUGEBAUER
EXECUTIVE DIRECTOR$173,263$0$2,000$0$0$0$6,800$0$29,487$0$211,550$0$0$0
EMILY N VAN INGEN
DEPUTY DIRECTOR$163,844$0$2,000$0$0$0$6,400$0$29,186$0$201,430$0$0$0
GAUDI POLANCOMENDOZA
CHIEF FINANCIAL OFFICER$147,726$0$2,000$0$0$0$5,801$0$3,676$0$159,203$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationINCLUDED IN COLUMN B(II) ARE AMOUNTS REPRESENTING BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD, AND INCLUDED IN TO INDIVIDUAL'S W-2'S.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
AMENDED RETURN:INFORMATION SUBSTANTIALLY CHANGED UPON COMPLETION OF THE AUDIT.THE FORM IS AMENDED TO REFLECT THOSE CHANGES IN PART VIII, PART IX, PART X AND RELATED SCHEDULES.
FORM 990, PART VI, SECTION A, LINE 2ALEXIS SANCHEZ AND AMORY SANCHEZ HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BMANAGEMENT REVIEWS THE 990 TO OBTAIN AN UNDERSTANDING OF THE REPORTING REQUIREMENTS AND TO ENSURE IT IS ACCURATE AND COMPLETE. SUBSEQUENTLY, A COPY OF THE DRAFT 990 IS PROVIDED TO THE AUDIT COMMITTEE OR FULL BOARD (DEPENDING UPON SCHEDULING) TO REVIEW. THE AUDIT COMMITTEE MEETS WITH MANAGEMENT TO DISCUSS THE 990 AND RESOLVE ANY QUESTIONS THAT MAY ARISE. THE 990 IS THEN DISTRIBUTED TO THE BOARD FOR REVIEW AND APPROVAL. UPON APPROVAL FROM THE BOARD, THE 990 IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS, OFFICERS AND MANAGEMENT EMPLOYEES REPORT ANNUALLY IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT APPEARS TO EXIST, MANAGEMENT AND THE BOARD WILL MEET WITH THE INDIVIDUAL TO OBTAIN ALL THE FACTS. SUBSEQUENTLY, A VOTE WILL ENSUE IF THE MATTER IS INDEED A CONFLICT OF INTEREST. IF IT IS FOUND TO BE A CONFLICT OF INTEREST, THE INDIVIDUAL WITH THE CONFLICT MUST REFRAIN FROM PARTICIPATING IN THE DELIBERATION AND DECISION MAKING CONCERNING THE MATTER THAT GAVE RISE TO THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15IN FY18, CHLDC ENGAGED A PROBONO COMPENSATION EXPERT WHO EXAMINED NONPROFIT SALARY SURVEYS AND DETERMINED THAT OUR EXECUTIVE DIRECTOR WAS BELOW THE 25% PERCENTILE OF THE MARKET. WE HAVE BEEN TRYING TO INCREASE THE TOP SALARY ON AN ANNUAL BASIS. THE ORGANIZATION ALSO ESTABLISHED A SALARY STRUCTURE. OUR DEPUTY DIRECTOR'S AND CFO'S SALARIES ARE AT THE MIDDLE OF OUR RANGE NOW FOR THE TOP PAID EMPLOYEES OF SIMILAR SIZED NONPROFITS IN NEW YORK CITY. THE SALARIES ARE THEN APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
CYPRESS HILLS CHILD CARE CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208113116118DAY CARENY501(C)37CHLDCYes (1)
ARLINGTON APARTMENTS HDFC
625 JAMAICA AVENUEBROOKLYNNY11208113166122HOUSINGNY501(C)37CHLDCYes (1)
CYPRESS WEST HDFC
625 JAMAICA AVENUEBROOKLYNNY11208113294777HOUSINGNY501(C)37CHLDCYes (1)
CYPRESS HOMES HDFC
625 JAMAICA AVENUEBROOKLYNNY11208113440887HOUSINGNY501(C)37CHLDCYes (1)
GLENMORE GARDENS HDFC
625 JAMAICA AVENUEBROOKLYNNY11208260354442HOUSINGNY501(C)37CHLDCYes (1)
LIBERTY APARTMENTS HDFC
625 JAMAICA AVENUEBROOKLYNNY11208270251221HOUSINGNY501(C)37CHLDCYes (1)
CYPRESS MEWS HDFC
625 JAMAICA AVENUEBROOKLYNNY11208208446097HOUSINGNY501(C)37CHLDCYes (1)
CYPRESS HILLS COMMUNITY SCHOOL DEV CORP HOUSING625 JAMAICA AVENUE
625 JAMAICA AVENUEBROOKLYNNY11208800003810HOUSINGNY501(C)37CHLDCYes (1)
CYPRESS HILLS SENIOR HOUSING HDFC
625 JAMAICA AVENUEBROOKLYNNY11208454567618HOUSINGNY501(C)37CHLDCYes (1)
PITKIN BERRIMAN HDFC
625 JAMAICA AVENUEBROOKLYNNY11208451263315HOUSINGNY501(C)37CHLDCYes (1)
CHESTNUT COMMONS HDFC
625 JAMAICA AVENUEBROOKLYNNY11208834343954HOUSINGNY501(C)37CHLDCYes (1)
CYPRESS HILLS CHESTNUT COMMONS LLC
625 JAMAICA AVENUEBROOKLYNNY11208825454260HOUSINGNY501(C)37CHLDCYes (1)
CHESTNUT COMMONS MM LLC
625 JAMAICA AVENUEBROOKLYNNY11208824922769HOUSINGNY501(C)37CHLDCYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
CYPRESS COURT ASSOCIATES LP
625 JAMAICA AVENUEBROOKLYNNY11208112217812HOUSINGNYN/A0Yes (1)
CYPRESS CORNERS LP
625 JAMAICA AVENUEBROOKLYNNY11208030385879HOUSINGNYN/A0Yes (1)
CYPRESS PLAZA GROUP LP
625 JAMAICA AVENUEBROOKLYNNY11208260556223HOUSINGNYN/A0Yes (1)
125 FOUNTAIN LP
625 JAMAICA AVENUEBROOKLYNNY11208770711923HOUSINGNYN/A00
CYPRESS HILLS SENIOR HOUSING LP
625 JAMAICA AVENUEBROOKLYNNY11208364770220HOUSINGNYN/A0Yes (1)
CYPRESS PITKIN BERRIMAN LP
625 JAMAICA AVENUEBROOKLYNNY11208383941158HOUSINGNYN/A0Yes (1)
CYPRESS VILLAGE LP
625 JAMAICA AVENUEBROOKLYNNY11208453677180HOUSINGNYN/A0Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
CYPRESS COURT HOUSING CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208113317348HOUSINGNYCHLDCC$27,6031.00000Yes (1)
CYPRESS CORNERS HOUSING CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208223904722HOUSINGNYCHLDCC$18,0101.00000Yes (1)
CYPRESS PLAZA DEVELOPMENT CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208205520783HOUSINGNYCHLDCC$10,0001.00000Yes (1)
CYPRESS HILLS LIBERTY INC
625 JAMAICA AVENUEBROOKLYNNY11208263398170HOUSINGNYCHLDCC1.00000Yes (1)
CYPRESS PLACE SENIOR HOUSING CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208463381849HOUSINGNYCHLDCC1.00000Yes (1)
PITKIN HOUSING CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208471978643HOUSINGNYCHLDCC1.00000Yes (1)
CYPRESS VILLAGE HOUSING CORPORATION
625 JAMAICA AVENUEBROOKLYNNY11208453687129HOUSINGNYCHLDCC1.00000Yes (1)
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 Org0LoansOrGuaranteesFromOthOrgInd
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 OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CYPRESS HOMES HDFC
D$259,108LOAN GUARANTEES
CYPRESS HILLS CHILD CARE CORPORATION
D$1,168,908LOAN GUARANTEES
CYPRESS HILLS CHILD CARE CORPORATION
D$380,107LOAN GUARANTEES
CYPRESS HOMES HDFC
K$38,130ANNUAL RENT

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