HIGHBRIDGE SENIOR HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2021
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- Organization
- HIGHBRIDGE SENIOR HOUSING DEVELOPMENT FUND CORPORATION (EIN 13-4094682)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349315230
- Schema version
- 2021v4.0
- 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 | 2022-11-14T16:40:34-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A GARY AARONSON CPA PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 WEST 38TH STREET SUITE 1003 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100180060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134094682 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HIGHBRIDGE SENIOR HDFC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HIGH | BusinessNameControlTxt |
| Phone | 7182933100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1465 NELSON AVENUE RM/STE A | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10452 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KOBINA ARHIN | PersonNm |
| Person Title | SVP/CEO | PersonTitleTxt |
| Phone | 7182933100 | PhoneNum |
| Signature | 2022-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KOBINA | PersonFirstNm |
| Person Last | ARHIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | A GARY AARONSON | PreparerPersonNm |
| PTIN | P01327657 | PTIN |
| Phone | 2126845770 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MSGR DONALD SAKANO | PrincipalOfficerNm |
| Gross Receipts | $1,204,218 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE HOUSING FOR LOW INCOME SENIORS | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $13,900 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $980,426 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,189,999 | CYProgramServiceRevenueAmt |
| PY Investment Income | $592 | PYInvestmentIncomeAmt |
| CY Investment Income | $319 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $981,018 | PYTotalRevenueAmt |
| CY Total Revenue | $1,204,218 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $207,939 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $210,520 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,180,709 | PYOtherExpensesAmt |
| CY Other Expenses | $1,250,857 | CYOtherExpensesAmt |
| PY Total Expenses | $1,388,648 | PYTotalExpensesAmt |
| CY Total Expenses | $1,461,377 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$407,630 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$257,159 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,880,757 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,498,131 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,161,689 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,036,222 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$5,280,932 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$5,538,091 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE HOUSING FOR LOW INCOME SENIORS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,353,533 | ExpenseAmt |
| Revenue | $1,189,999 | RevenueAmt |
| Desc | PROVIDING OF HOUSING FOR LOW INCOME SENIORS | Desc |
| Total Program Service Expenses | $1,353,533 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KOBINA ARHIN | PersonNm |
| Phone | 7182933100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1465 NELSON AVENUE STE A | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10452 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Average Hours Per WeekAverageHoursPerWeekRt |
|---|---|---|---|---|---|---|---|
| MSGR DONALD SAKANO | |||||||
| CHAIRMAN | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| REV MARK CREGAN | |||||||
| TREASURER | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KENNETH BROWNE | |||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |||
| REV JOSEPH FRANCO | |||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |||
| KEN SINGLETON | |||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |||
| BRUNO CASOLARI | |||||||
| SNR VP/CEO | Yes (X) | $0 | $230,557 | $0 | 35.00 | ||
| KOBINA ARHIN | |||||||
| SVP/CEO | Yes (X) | $0 | $273,961 | $0 | 34.00 | 1.00 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Reportable Comp Rltd Org | $504,518 | TotReportableCompRltdOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $13,900 | GovernmentGrantsAmt |
| Total Contributions | $13,900 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| RENT REVENUE | $1,185,582 | $1,185,582 |
| OTHER REVENUE | $4,417 | $4,417 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,189,999 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $319 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $319 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,204,218 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,190,318 | RelatedOrExemptFuncIncomeAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,430 | TotalAmt |
| Program Services | $150,430 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,851 | TotalAmt |
| Program Services | $51,851 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,239 | TotalAmt |
| Program Services | $8,239 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,348 | TotalAmt |
| Management And General | $93,348 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $395 | TotalAmt |
| Program Services | $395 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,496 | TotalAmt |
| Management And General | $14,496 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,622 | TotalAmt |
| Program Services | $1,622 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,563 | TotalAmt |
| Program Services | $32,563 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $845 | TotalAmt |
| Program Services | $845 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,576 | TotalAmt |
| Program Services | $353,576 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,741 | TotalAmt |
| Program Services | $63,741 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| SECURITY | $261,424 | $261,424 |
| REPAIRS | $139,290 | $139,290 |
| REAL ESTATE TAXES | $129,590 | $129,590 |
| UTILITIES | $86,557 | $86,557 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,410 | TotalAmt |
| Program Services | $73,410 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,461,377 | TotalAmt |
| Program Services | $1,353,533 | ProgramServicesAmt |
| Management And General | $107,844 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,125 | BOYAmt |
| EOY | $51,557 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,942 | BOYAmt |
| EOY | $3,069 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,759 | BOYAmt |
| EOY | $59,271 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,810,527 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,985,539 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,178,076 | BOYAmt |
| EOY | $3,824,988 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,814 | BOYAmt |
| EOY | $11,326 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $525,041 | BOYAmt |
| EOY | $547,920 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,880,757 | BOYAmt |
| EOY | $4,498,131 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,473 | BOYAmt |
| EOY | $233,484 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,027 | BOYAmt |
| EOY | $13,768 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,041 | BOYAmt |
| EOY | $23,527 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,707,300 | BOYAmt |
| EOY | $9,707,300 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,900 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,948 | BOYAmt |
| EOY | $58,143 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,161,689 | BOYAmt |
| EOY | $10,036,222 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$5,280,932 | BOYAmt |
| EOY | -$5,538,091 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$5,280,932 | BOYAmt |
| EOY | -$5,538,091 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,880,757 | BOYAmt |
| EOY | $4,498,131 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$257,159 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $13,900 | CurrentTaxYearAmt |
| Total | $13,900 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $880,280 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $869,745 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $860,038 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $980,426 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,189,999 | CurrentTaxYearAmt |
| Total | $4,780,488 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $880,280 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $869,745 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $860,038 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $980,426 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,203,899 | CurrentTaxYearAmt |
| Total | $4,794,388 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $4,794,388 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,406 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,952 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $592 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $319 | CurrentTaxYearAmt |
| Total | $5,780 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,406 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,952 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $592 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $319 | CurrentTaxYearAmt |
| Total | $5,780 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $881,686 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $871,256 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $861,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $981,018 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,204,218 | CurrentTaxYearAmt |
| Total | $4,800,168 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99880 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99850 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,974 | OtherCostOrOtherBasisAmt |
| Book Value | $38,974 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,619,508 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,833,494 | DepreciationAmt |
| Book Value | $3,786,014 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $152,045 | OtherCostOrOtherBasisAmt |
| Depreciation | $152,045 | DepreciationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,824,988 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RESERVE FOR REPLACEMENT | $505,114 |
| TENANT SECURITY DEPOSITS | $23,527 |
| CASH MINIMUM DEPOSIT | $11,095 |
| INVESTMENT -OPERATIONS | $8,184 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $547,920 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATE | Desc |
| Amt | $58,143 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $58,143 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,204,218 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $1,204,218 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,204,218 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,461,377 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,461,377 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,461,377 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 2, PART IV, LINE 2B | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|
| BRUNO CASOLARI | ||
| SNR VP/CEO | $230,557 | $230,557 |
| KOBINA ARHIN | ||
| SVP/CEO | $273,961 | $273,961 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE ORGANIZATION'S 990 IS REVIWED BY THE AUDIT AND FINANCE COMMITTEE BEFORE IT IS FINALIZED AND ISSUED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION REGULARY SENDS OUT AN ANNUAL QUESTIONNAIRE TO THE BOARD MEMBERS AND STAFF. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION IS PERFORMED BY THE BOARD OF DIRECTORS, REVIEWS AND APPROVES THE COMPENSATION ON AN ANNUAL BASIS. ALL EMPLOYEES ARE CURRENTLY UNDER A COLLECTIVE BARGAINING AGREEMENT. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS, WHICH ARE PUBLIC RECORDS, ARE AVAILABLE FROM THE NY SECRETARY OF STATE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| HIGHBRIDGE COMMUNITY DEV CORP | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 133860487 | BLDG MGT | NY | 501C 3 | 10 | N/A | false |
| HIGHBRIDGE COMMUNITY HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 133496091 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| NELSON SENIOR HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 134158791 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| SHAKESPEARE SENIOR HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 134154583 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| UNIVERSITY AVENUE SENIOR HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 200638650 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| HIGHBRIDGE TPT HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 205262130 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| NOSOTROS-SHAKESPEARE HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 133787490 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| NOSOTROS HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 133701038 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| ARTSBRIDGE HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 454823541 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| EXCELSIOR II HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 472422237 | HOUSING | NY | 501C 3 | 10 | N/A | false |
| ST FRANCIS HDFC | ||||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 833683495 | HOUSING | NY | 501C 3 | 10 | N/A | false |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| SHAKESPEARE ASSOCIATES LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 133787737 | HOUSING | NY | N/A | false | false |
| JESUP AVENUE LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 200340872 | HOUSING | NY | N/A | false | false |
| NELSON AVENUE LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 134189955 | HOUSING | NY | N/A | false | false |
| JESUP AVENUE ASSOCIATES LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 204811815 | HOUSING | NY | N/A | false | false |
| PLIMPTON 1450 LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 465130373 | HOUSING | NY | N/A | false | false |
| EXCEL NELSON LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 473480611 | HOUSING | NY | N/A | false | false |
| SHAKSPEARE WATSON LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 812759518 | HOUSING | NY | N/A | false | false |
| WEST 170TH OGDEN LP | |||||||||
| 1465 NELSON AVENUE STE1 | BRONX | NY | 10452 | 462245108 | HOUSING | NY | N/A | false | false |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| JESUP ONE INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 200317727 | HOUSING | NY | N/A | C CORP | false |
| JESUP TWO INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 205485838 | HOUSING | NY | N/A | C CORP | false |
| NELSON SENIOR INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 134187847 | HOUSING | NY | N/A | C CORP | false |
| NORTH SHAKESPEARE INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 133784717 | HOUSING | NY | N/A | C CORP | false |
| CROTONA ONE INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 205485878 | HOUSING | NY | N/A | C CORP | false |
| AB PLIMPTON INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 465106399 | HOUSING | NY | N/A | C CORP | false |
| OSP LAMBS INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 471741690 | HOUSING | NY | N/A | C CORP | false |
| WATSON 1437 INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 812759156 | HOUSING | NY | N/A | C CORP | false |
| WEST OGDEN INC | |||||||||
| 1465 NELSON AVENUE STE A | BRONX | NY | 10452 | 462188889 | HOUSING | NY | N/A | C CORP | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| HIGHBRIDGE COMMUNITY DEV CORP | |
| P | $355,963 |
| HIGHBRIDGE COMMUNITY DEV CORP | |
| M | $93,348 |
Comments