2019-11-12T16:57:11-06:00 2018-12-31 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2018-01-01 134196931 Breaking Ground IV Housing Development fund corporation % KEVIN MORAN BREA 2123899300 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 KEVIN MORAN CFO 2123899300 2019-11-12 true Scott Thompsett P00741490 2125990100 65.229.27.130 26377520193165000024 2019-11-12 P 7D14034AF515942D2ABE7F7E27EA16D2649DB046 53F3E6840D653250BC02858DC60F5F1014CD29E2 2018 2020-03-31 21:24:44Z BRENDA ROSEN 505 EIGHTH AVENUE NEW YORK NY 10018 3687839 false X www.breakingground.org X 2001 NY OPERATION OF A HOUSING PROJECT, called the Andrews, to provide housing, and employment services to formerly homeless adults & low income adults. 5 2 0 0 0 0 3784768 0 11397 3687839 0 0 1316 0 3797481 3687839 0 0 0 0 2147994 2054698 0 0 0 2200904 2183186 4348898 4237884 -551417 -550045 14221307 13640548 19178291 19147577 -4956984 -5507029 X BREAKING GROUND IV HDFC, INC. ("BGC IV") WAS ORGANIZED ON OCTOBER 23, 2001, UNDER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. BGC IV IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM INCOME AND EXCISE TAXES UNDER (CONT. SCH O) false false 4072990 0 3687839 BREAKING GROUND IV HDFC'S (BGC IV) PRIMARY EXEMPT PURPOSE IS TO support the tax-exempt mission of its affiliated organization, BREAKING GROUND HDFC. Located on the Bowery in Lower Manhattan, The Andrews is comprised of 146 short-term living units, including 138 units of Safe Haven transitional housing reserved for individuals served by Breaking Ground's Street to Home program and other outreach programs. For individuals not yet ready to transition into permanent housing, as well as those who may have struggled in other housing programs, The Andrews offers an alternative to life on the street: private, safe, clean, and affordable short-term accommodations. On-site case management and clinical services are available at The Andrews to meet the needs of its residents and to help them secure permanent housing. Breaking Ground interviewed more than 200 chronically street homeless adults to better understand what features of short-term housing would be most likely to entice them off the streets. In 2003, Breaking Ground and The Architectural League of New York held an open design competition for a new form of accommodation that would reflect their preferences. Competitors were asked to design a prototypical unit and show how 19 such units could be organized on a typical floor. The design of The Andrews incorporates design elements that address clients' concerns regarding issues such as privacy and personal space, thereby gaining their trust and ultimately helping to foster their transition to permanent homes. Most of the Revenues attributable to Breaking Grounds housing program are reported not as programmatic activity, but as governmental grants on Part VIII of the Form 990, hence the small allocation reportable in Part III, Line 4a. 4072990 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 5 2 false false false false false false false true true false false true true true true true true false NY X KEVIN MORAN 2123899300 505 EIGHTH AVENUE NEW YORK NY 10018 Brenda E Rosen President & CEO 2.0 33.0 X X 0 381192 14205 Robert Sideli chairman (THRU 03/2018) 0.12 1.85 X X 0 0 0 BENJAMIN STACKS TREASURER 0.05 0.8 X X 0 0 0 David Beer Secretary 0.5 34.5 X X 0 249607 35785 Toby Sherman Director 0.5 34.5 X X 0 199716 19152 Ian Shrank Chairman (AS of 03/2018) 0.12 1.85 X X 0 0 0 Kevin Moran CFO 2.0 33.0 X 0 286218 33477 0 1116733 102619 0 false true false 0 0 GOVERNMENT CONTRACTS 900099 3676828 3676828 LOW-INCOME HOUSING RENTAL INCOME 900099 11011 11011 3687839 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3687839 3687839 X 0 0 0 0 0 0 1503945 1390752 113193 26539 23937 2602 412611 393373 19238 111603 104065 7538 0 3748 3748 3958 3958 0 0 0 21597 18646 2951 0 49376 49376 12677 12677 0 146570 131156 15414 279 279 0 9247 9247 35672 35672 0 408626 408626 37700 37700 TENANT EXPENSES 659081 659081 SECURITY EXPENSES 377547 377547 MEDICAL/PSYCH SVC FOR RESIDENT 247854 247854 BUILDING MAINTENANCE 169254 169254 4237884 4072990 164894 0 17726 20620 0 0 0 0 721549 662691 0 0 0 0 0 0 0 0 5893 9 17193960 5187462 12415124 12006498 0 0 0 0 0 0 0 0 1061015 950730 14221307 13640548 366767 395677 0 0 928566 947120 0 0 0 0 0 0 0 0 10974049 9974049 6908909 7830731 19178291 19147577 X -4956984 -5507029 0 0 0 0 -4956984 -5507029 14221307 13640548 -550045 X false true X true true true X 2953626 3790290 3826167 3784768 0 14354851 0 0 2953626 3790290 3826167 3784768 0 14354851 0 14354851 0 0 107687 4885 12670 1316 0 126558 14481409 3759733 0.99126 0.97763 X 16345185 4338687 12006498 187430 187430 0 661435 661435 0 12006498 CONTRACTUAL RESERVES 962 ADVANCES DUE FROM AFFILIATES 949768 950730 0 DUE TO AFFILIATES 7330731 PROJECT GRANT ADVANCES 500000 7830731 X FORM 990, SCHEDULE D, PART X, LINE 2 Breaking Ground IV HDFC is included within the consolidated financial statements of its parent, Breaking Ground Housing Development Fund Corporation. The below FIN-48 footnote is reproduced from the consolidated financial statements. BREAKING GROUND FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. BREAKING GROUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. BREAKING GROUND HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT haS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. Breaking Ground HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. false false false false false false false false false Brenda E Rosen President & CEO 0 381192 0 0 0 0 0 13250 0 955 0 395397 0 0 Kevin Moran CFO 0 286218 0 0 0 0 0 7284 0 26193 0 319695 0 0 David Beer Secretary 0 249607 0 0 0 0 0 7178 0 28607 0 285392 0 0 Toby Sherman Director 0 199716 0 0 0 0 0 9808 0 9344 0 218868 0 0 FORM 990, PART III, Line 1 (continued...) SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. BGC IV WAS FORMED FOR THE CHARITABLE PURPOSE OF OWNING, REHABILITATING, AND OPERATING A HOUSING PROJECT AT 197 BOWERY, NEW YORK CITY ("ANDREWS"). FORM 990, PART VI, SECTION B, LINE 11 Organization's process used to review form 990 THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. THE FORM HAS BEEN REVIEWED FOR COMPLETENESS AND ACCURACY REGARDING MISSION, PROGRAM ACTIVITIES, FINANCIALS AND GOVERNANCE BY MEMBERS OF THE CORPORATIONS MANAGEMENT. IT HAS ALSO BEEN DISCUSSED AND REVIEWED WITH THE BGI AUDIT CHAIR. THE FINAL VERSIONS WERE MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. DISCUSSION OF FORM 990 REQUIREMENTS, CONTENTS AND BOARD RESPONSIBILITIES OCCUR AT AN ANNUAL BOARD MEETING. FORM 990, PART VI, Line 12C Enforcement of Conflict of interest policy The policy and annual disclosure forms are distributed to all board members, officers and management staff. Each individual is required to sign and review the disclosure form and provide information about any relationships they may have with Breaking Ground IV HDFC's other employees, and/or vendors that conduct business with Breaking Ground IV HDFC. Breaking Ground IV HDFC operates under the policy of its parent organization, Breaking Ground HDFC, Inc. All submissions are reviewed by Human Resources to determine if a conflict exists; when a conflict arises, the individuals affected are prohibited from participating in the decision-making process related to any transaction occurring with the conflicted organization. Form 990, Part VI, Section B, lines 13 & 14 Breaking Ground IV HDFC operates under the whistleblower and document retention policy of its parent organization, Breaking Ground HDFC, Inc. Form 990, Part VI, Section C, Line 19 Breaking Ground IV HDFC makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. Form 990, Part IX Breaking Ground IV HDFC does not have its own employees or its own payroll. All employees providing services to Breaking Ground IV HDFC receive their W-2s from a related organization, Common Ground Management Corporation. Expenditures reported on Part IX, Lines 7, 8, 9 and 10 represent the portion of salary and benefits expenditures allocated to Breaking Ground IV HDFC based on services rendered to the organization. BROOK AVENUE HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 412217113 HOUSING NY 501(C)(3) Line 12A, I BG II HDFC false BREAKING GROUND COMMUNITY III HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 134138205 HOUSING NY 501(C)(3) LINE 7 BG HDFC false Breaking Ground II HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133846708 HOUSING NY 501(C)(3) LINE 7 BG HDFC false Webster Ave HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 464427531 HOUSING NY 501(C)(3) Line 12A, I BG II HDFC false COMMON GROUND JOBS TRAINING CORPORATION 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133705243 HOUSING NY 501(C)(3) PF BG HDFC false COMMON GROUND MANAGEMENT CORP 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133871134 HOUSING NY 501(C)(3) LINE 10 BG HDFC false ST MARK'S BROWNSVILLE HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 141971582 HOUSING NY 501(C)(3) LINE 12A, I BG HDFC false BOSTON ROAD II HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 462751878 HOUSING NY 501(C)(3) LINE 12A, I BG II HDFC false SCHERMERHORN HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 161699777 HOUSING NY 501(C)(3) LINE 12A, I BG HDFC false CG PITT STREET HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 161777395 HOUSING NY 501(C)(3) LINE 12A, I BG II HDFC false HEGEMAN HOUSING HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 450574352 HOUSING NY 501(C)(3) LINE 12A, I BG II HDFC false 1630 Dewey Avenue HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 272373158 HOUSING NY 501(C)(3) LINE 12A, I CGM false BREAKING GROUND COMMUNITY HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 113048002 HOUSING NY 501(C)(3) LINE 7 NA false ONE RIVERSIDE PARK HDFC 505 8th AVENUE 5TH FLOOR NEW YORK NY 10018 474986806 HOUSING NY 501(C)(4) N/A BG II HDFC false 10 FREEDOM HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 475005707 HOUSING NY 501(C)(3) LINE 10 BG II HDFC false LA CENTRAL SUPPORTIVE HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 611792872 HOUSING NY 501(C)(3) LINE 10 BG II HDFC false 1766-68 SECOND AVE HDFC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 474976439 HOUSING NY 501(c)(4) N/A BG II HDFC false Webster Avenue Supportive HDFC 505 8th Avenue 5th Floor New York NY 10018 472428776 Housing NY 501(C)(3) N/A BG II HDFC false 90 Sands HDFC 505 8th Avenue 5th Floor New York NY 10018 831511962 housing NY 501(c)(3) line 10 BG II HDFC false Edwins Place HDFC 505 8th avenue 5th floor New york NY 10018 824798782 housing NY 501(c)(3) line 10 BG II HDFC false BG Betances HDFC 505 8th avenue 5th floor new york NY 10018 831862926 housing NY 501(c)(3) line 10 BG II HDFC false PRINCE GEORGE ASSOCIATES LP 505 8TH AVE 5TH FL NEW YORK NY 10018 133967825 REAL ESTATE NY BG II none 0 0 false 0 false 0.00000 Chelsea GP Corporation 505 8th AVENUE 5TH FLOOR NEW YORK NY 10018 371456098 REAL ESTATE NY BG III HDFC C CORP 0 0 0.00000 false PRINCE GEORGE GP CORPORATION 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 133967821 REAL ESTATE NY BG II HDFC C CORP 0 0 0.00000 false CG HEGEMAN AVE HOUSING CORP 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 800487252 REAL ESTATE NY BG II HDFC C CORP 0 0 0.00000 false CG BROOK AVE HOUSING CORPORATION 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 743234267 REAL ESTATE NY BG II HDFC C CORP 0 0 0.00000 false PITT STREET HOUSING CORP 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 421715796 REAL ESTATE NY BG II HDFC C CORP 0 0 0.00000 false ST MARKS SENIOR HOUSING CORPORATION 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 262589201 REAL ESTATE NY BG HDFC C CORP 0 0 0.00000 false 1630 DEWEY AVENUE MANAGING MEMBER 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 273275092 REAL ESTATE NY CGM C CORP 0 0 0.00000 false Schermerhorn Housing Corp 505 8TH AVENUE 5TH FLOOR new york NY 10018 710990121 real estate NY BG HDFC C Corp 0 0 0.00000 false CG-Boston Road Housing Corp 505 8TH AVENUE 5TH FLOOR new york NY 10018 371731663 real estate NY BG II HDFC C Corp 0 0 0.00000 false Cg-Webster Avenue Supportive Housing 505 8TH AVENUE 5TH FLOOR new york NY 10018 471671532 real estate NY BG II HDFC C Corp 0 0 0.00000 false COMMON GROUND CEDARWOODS MANAGEMENT LLC 505 8TH AVENUE 5TH FLoor NEW YORK NY 10018 273499938 REAL ESTATE NY CGM C CORP 0 0 0.00000 false 410 COMMON GROUND ASYLUM HTC LLC 505 8TH AVENUE 5TH FLoor NEW YORK NY 10018 261676496 REAL ESTATE NY CGM C CORP 0 0 0.00000 false WEBSTER aVE aFF MANAGING MEMBER LLC 505 8TH AVENUE 5TH FLoor NEW YORK NY 10018 371763393 REAL ESTATE NY BG II HFC C CORP 0 0 0.00000 false Common Ground 410 Asylum LIHTC LLC 505 8th Avenue 5th Floor New York NY 10018 261676174 Real Estate NY CGM C Corp 0 0 0.00000 false LA Central Supporting Housing LLC 505 8th Avenue 5th Floor New York NY 10018 320495685 Real Estate NY BG II HDFC C Corp 0 0 0.00000 false Breaking Ground V 505 8th Avenue 5th Floor New York NY 10018 823052950 Real Estate NY CGM C Corp 0 0 0.00000 false Webster Avenue Affordable Developer LLC 505 8th Avenue 5th Floor New York NY 10018 472303833 real estate NY BG II HDFC C Corp 0 0 0.00000 false La Central Supportive Developer LLC 505 8th Avenue 5th Floor NEW YORK NY 10018 821739395 REAL ESTATE NY BG II HDFC C CORP 0 0 0.00000 false EDWINS PLACE developer LLC 505 8th Avenue 5th floor New york NY 10018 825371781 real estate NY BG II HDFC c corp 0 0 0.00000 false edwins place housing llc 505 8th avenue 5th floor new york NY 10018 352621527 real estate NY BG II HDFC c corp 0 0 0.00000 false BG BETANCES HOUSING LLC 505 8TH AVENUE 5TH FLOOR NEW YORK NY 10018 831912829 REAL ESTATE NY BG II HDFC C CORP 0 0 0.00000 false BG SUTPHIN LLC 505 8th avenue 5th floor new york NY 10018 611885188 real estate NY BG II HDFC C Corp 0 0 0.00000 false false false false false false false false false false false false false false true true true false false false