SEAVIEW SENIOR LIVING HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: SEAVIEW SENIOR LIVING HOUSING DEVELOPMENT FUND CORPORATION (EIN 45-1966147)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-11-15
IRS object ID: 201703209349300445
Schema version: 2016v3.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-11-15T00:00:00-06:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	221478099	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	COHNREZNICK LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1301 AVENUE OF THE AMERICAS	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10019	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	451966147	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Seaview Senior Living Housing	BusinessNameLine1Txt
Business Name Line2	Development Fund Corporation	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SEAV	BusinessNameControlTxt
Phone	2124539500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	77 water street 7th floor	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10005	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Alan Schoor	PersonNm
Person Title	ceo	PersonTitleTxt
Phone	2124539500	PhoneNum
Signature	2017-11-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	THOMAS LANNING	PreparerPersonNm
PTIN	P00851654	PTIN
Phone	2122970400	PhoneNum
Preparation	2017-11-16	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	209.3.217.20	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-11-16	IPDt
IP Tm	13:32:07	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	90CC17281F34CD083B051E620E31C1B2A26173FC	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	Alan Schoor	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	77 water street 7th floor	AddressLine1Txt
City	New York	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10005	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,004,771	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.metcouncil.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2011	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE HOUSING AND ASSISTED HOUSING FOR THE ELDERLY	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	107	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$91,899	PYContributionsGrantsAmt
CY Contributions Grants	$1,113,804	CYContributionsGrantsAmt
PY Program Service Revenue	$37,586	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,879,813	CYProgramServiceRevenueAmt
PY Investment Income	$32,186	PYInvestmentIncomeAmt
CY Investment Income	$11,154	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$161,671	PYTotalRevenueAmt
CY Total Revenue	$3,004,771	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,130,040	PYOtherExpensesAmt
CY Other Expenses	$9,429,518	CYOtherExpensesAmt
PY Total Expenses	$3,130,040	PYTotalExpensesAmt
CY Total Expenses	$9,429,518	CYTotalExpensesAmt
PY Revenues Less Expenses	-$2,968,369	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$6,424,747	CYRevenuesLessExpensesAmt
Total Assets BOY	$85,766,056	TotalAssetsBOYAmt
Total Assets EOY	$78,307,078	TotalAssetsEOYAmt
Total Liabilities BOY	$88,734,424	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$87,682,224	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$2,968,368	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$9,375,146	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE 122 UNITS OF INDEPENDeNT HOUSING FOR THE ELDERLY WITH 188 BEDS OF ASSITED LIVING FOR THE FRAIL AND ELDERLY	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,400,538	ExpenseAmt
Revenue	$1,879,813	RevenueAmt
Desc	TO PROVIDE 122 UNITS OF INDEPENDeNT HOUSING FOR THE ELDERLY WITH 188 BEDS OF ASSITED LIVING FOR THE FRAIL AND ELDERLY	Desc
Total Program Service Expenses	$9,400,538	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	5	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	107	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MATTHEW LOCURTO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2124539500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 BROADWAY 7TH FLOOR	AddressLine1Txt
City	new york	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10271	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
benjamin lopata
Vice President	0.10	Yes (X)	Yes (X)	$0	$0	$0
DAVID GOTTLIEB
TREASURER	0.10	Yes (X)	Yes (X)	$0	$0	$0
DEBORAH R HES
DIRECTOR	0.10	Yes (X)		$0	$0	$0
JOEL KAPLAN
DIRECTOR	0.10	Yes (X)		$0	$0	$0
joseph Aronauer
DIRECTOR	0.10	Yes (X)		$0	$0	$0
JOSePH STRASBURG
DIRECTOR	0.10	Yes (X)		$0	$0	$0
LINDA SPITZER
PRESIDENT	0.10	Yes (X)	Yes (X)	$0	$0	$0
alan schoor
ceo	0.10		Yes (X)	$0	$0	$0
matthew locurto
cfo	0.10		Yes (X)	$0	$0	$0
denise howard
administrator	40.00			$104,052	$0	$60	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$104,052	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$60	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Filben Development LLC	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	800 Westchester Ave Suite S-712	AddressLine1Txt
City	Rye Brook	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10573	ZIPCd

Field	Value	IRS element (for citing)
Services	Management Company	ServicesDesc
Compensation	$273,977	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,113,804	AllOtherContributionsAmt
Total Contributions	$1,113,804	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Rental Income	Desc
Business	531190	BusinessCd
Total Revenue Column	$1,879,813	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,879,813	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,879,813	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,154	TotalRevenueColumnAmt
Exclusion	$11,154	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,004,771	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,879,813	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$11,154	ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$2,825,704	TotalAmt
Program Services	$2,825,704	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$16,259	TotalAmt
Program Services	$14,919	ProgramServicesAmt
Management And General	$1,340	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$27,640	TotalAmt
Management And General	$27,640	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$74,887	TotalAmt
Program Services	$74,887	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$273,644	TotalAmt
Program Services	$273,644	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$573,443	TotalAmt
Program Services	$573,443	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$188,113	TotalAmt
Program Services	$188,113	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$21,427	TotalAmt
Program Services	$21,427	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,775,799	TotalAmt
Program Services	$2,775,799	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,271,559	TotalAmt
Program Services	$2,271,559	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$128,594	TotalAmt
Program Services	$128,594	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
Repairs & Maintenance	$101,287	$101,287
Other	$91,549	$91,549
Permits	$51,296	$51,296
Bad debts	$4,737	$4,737

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,580	TotalAmt
Program Services	$3,580	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,429,518	TotalAmt
Program Services	$9,400,538	ProgramServicesAmt
Management And General	$28,980	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$649,701	BOYAmt
EOY	$147,902	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,004,079	BOYAmt
EOY	$4,123	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$16,343	BOYAmt
EOY	$44,027	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$43,189	BOYAmt
EOY	$96,693	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$77,262,828	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,833,345	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$75,892,338	BOYAmt
EOY	$74,429,483	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$8,160,406	BOYAmt
EOY	$3,584,850	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$85,766,056	BOYAmt
EOY	$78,307,078	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,162,559	BOYAmt
EOY	$1,792,186	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$44,019,396	BOYAmt
EOY	$43,661,744	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$40,550,000	BOYAmt
EOY	$40,566,073	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,002,469	BOYAmt
EOY	$1,662,221	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$88,734,424	BOYAmt
EOY	$87,682,224	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$2,968,368	BOYAmt
EOY	-$9,375,146	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$2,968,368	BOYAmt
EOY	-$9,375,146	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$85,766,056	BOYAmt
EOY	$78,307,078	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$6,424,747	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$17,969	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$91,899	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,113,804	CurrentTaxYearAmt
Total	$1,205,703	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$91,899	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,113,804	CurrentTaxYearAmt
Total	$1,205,703	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$1,205,703	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$32,186	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,154	CurrentTaxYearAmt
Total	$43,340	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,249,043	TotalSupportAmt
Gross Receipts Rltd Activities	$1,917,399	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.96530	PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1	OtherCostOrOtherBasisAmt
Book Value	$1	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$68,658,901	OtherCostOrOtherBasisAmt
Depreciation	$2,231,489	DepreciationAmt
Book Value	$66,427,412	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,603,926	OtherCostOrOtherBasisAmt
Depreciation	$601,856	DepreciationAmt
Book Value	$8,002,070	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$74,429,483	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
DUE TO affiliates	$1,631,221
Tenant security deposit	$31,000

Field	Value	IRS element (for citing)
Total Liability	$1,662,221	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,013,445	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$17,969	NetUnrealizedGainsInvstAmt
Other Revenue	-$9,295	OtherRevenueAmt
Revenue Not Reported	$8,674	RevenueNotReportedAmt
Revenue Subtotal	$3,004,771	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,004,771	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$9,420,223	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$9,420,223	ExpensesSubtotalAmt
Other Expenses Not Included	$9,295	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$9,295	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$9,429,518	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part X, Line 2:	these financial statements do not reflect a provision for income taxes and the Corporation has no other tax positions which must be considered for disclosure. Informational returns filed by the Corporation are subject to examination by the Internal Revenue Service for a period of three years. While no informational returns are currently being examined by the IRS, tax years since 2013 remain open.
Part XI, Line 2d - Other Adjustments:	bank charges financing fees
Part XII, Line 4b - Other Adjustments:	bank charges financing fees

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 3	DURING 2016, THE ROLE OF CFO WAS OUTSOURCED TO GR CONSULTING LLC. The consulting fees for those services were PAID by the parent organization METROPOLITAN NEW YORK COORDINATING COUNCIL ON JEWISH POVERTY (EIN 13-2738818) and not the filing organization. Therefore, all the details of this arrangement are described on the parent's tax return.
Form 990, Part VI, Section A, line 8b	THE ORGANIZATION DID NOT HAVE ANY committee MEETINGS DURING THE YEAR.
Form 990, Part VI, Section B, line 11b	THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. IT IS THEN REVIEWED BY THE ORGANIZATION'S GOVERNING BODY. AFTER THE REVIEW, FORM 990 IS FILED WITH THE IRS.
Form 990, Part VI, Section B, line 12c	All officers and directors complete nyc vendex conflict of interest form annually. No purchases are allowed from any business affiliated with employees or board members.
Form 990, Part VI, Section C, line 19	THE DOCUMENTS ARE AVAILABLE upon REQUEST.
FORM 990, PART XII, LINE 2c:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.