SOUND VIEW APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
SOUND VIEW APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 13-2955399)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349106302
Schema version
2024v5.2
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)
Return2025-11-17T15:13:01-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331374517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 MAMARONECK AVENUE SUITE 301AddressLine1Txt
CityHARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105281633ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132955399EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUND VIEW APARTMENTS HOUSINGBusinessNameLine1Txt
Business Name Line2DEVELOPMENT FUND COMPANY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSOUNBusinessNameControlTxt
Phone9146322804PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 WILLOW DRIVEAddressLine1Txt
CityNEW ROCHELLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10805ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTINA L VILLANUEVAPersonNm
Person TitleCFOPersonTitleTxt
Phone9146322804PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELISSA MODELSONPreparerPersonNm
PTINP01603524PTIN
Phone9143818900PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
PF60 Month Term Sect507b1 BYes (X)PF60MonthTermSect507b1BInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,357,082FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$2,299,187ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$2,098InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$2,098InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$2,098InterestOnSavingsAdjNetIncmAmt
Gross Rents Rev And Expnss$651,153GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$651,153GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$651,153GrossRentsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$17,925OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$17,925OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$2,970,363TotalRevAndExpnssAmt
Total Net Invst Incm$653,251TotalNetInvstIncmAmt
Total Adj Net Incm$671,176TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$768,846OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$0OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$768,846OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$249,753PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$0PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$247,987PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$71,819LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$71,819LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$35,766AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$12,600AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$218,391OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$211,543OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$345,522InterestRevAndExpnssAmt
Interest Net Invst Incm$0InterestNetInvstIncmAmt
Interest Adj Net Incm$0InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl$345,522InterestDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$560,609DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$560,609DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$560,609DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$380,579OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$300,854OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$7,952TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$7,952TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$378,646OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$90,544OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$90,544OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$287,597OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,017,883TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$651,153TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$651,153TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,254,720TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,017,883TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$651,153TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$651,153TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$2,254,720TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$47,520ExcessRevenueOverExpensesAmt
Net Investment Income$2,098NetInvestmentIncomeAmt
Adjusted Net Income$20,023AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$207,851CashBOYAmt
Cash EOY$401,471CashEOYAmt
Cash EOYFMV$401,471CashEOYFMVAmt
Sav And Temp Cash Invst BOY$757,703SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$772,911SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$772,911SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$81,551AcctRcvblAmt
Acct Rcvbl Allwnc Dbtfl Acct$37,768AcctRcvblAllwncDbtflAcctAmt
Acct Rcvbl BOY$31,476AcctRcvblBOYAmt
Acct Rcvbl EOY$43,783AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$43,783AcctRcvblEOYFMVAmt
Prepaid Expenses BOY$96,817PrepaidExpensesBOYAmt
Prepaid Expenses EOY$101,723PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$101,723PrepaidExpensesEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$10,582,580LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,599,049LandBldgEquipAccumDeprecAmt
Land BOY$7,263,278LandBOYAmt
Land EOY$6,983,531LandEOYAmt
Land EOYFMV$6,983,531LandEOYFMVAmt
Other Assets BOY$288,650OtherAssetsBOYAmt
Other Assets EOY$53,663OtherAssetsEOYAmt
Other Assets EOYFMV$53,663OtherAssetsEOYFMVAmt
Total Assets BOY$8,645,775TotalAssetsBOYAmt
Total Assets EOY$8,357,082TotalAssetsEOYAmt
Total Assets EOYFMV$8,357,082TotalAssetsEOYFMVAmt
Accounts Payable BOY$344,757AccountsPayableBOYAmt
Accounts Payable EOY$256,465AccountsPayableEOYAmt
Deferred Revenue BOY$15,428DeferredRevenueBOYAmt
Deferred Revenue EOY$16,283DeferredRevenueEOYAmt
Mortgages And Notes Payable BOY$9,946,773MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY$9,763,884MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$74,501OtherLiabilitiesBOYAmt
Other Liabilities EOY$103,654OtherLiabilitiesEOYAmt
Total Liabilities BOY$10,381,459TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,140,286TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY-$1,735,684NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY-$1,783,204NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$0DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$0DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY-$1,735,684TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY-$1,783,204TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,645,775TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,357,082TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY-$1,735,684TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$47,520ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal-$1,783,204SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY-$1,783,204TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$29InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$29SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$29TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$29TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CHRISTINA VILLANUEVABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9146322804PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line160 WILLOW DRIVEAddressLine1Txt
CityNEW ROCHELLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP10805ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MALCOLM H LAZARUS
60 WILLOW DRIVENEW ROCHELLENY10805CHAIR0.50$0$0$0
RITA C MABLI
60 WILLOW DRIVENEW ROCHELLENY10805PRESIDENT/CEO0.50$0$0$0
ROSERMARY MCLAUGHLIN
60 WILLOW DRIVENEW ROCHELLENY10805SECRETARY/TREASURER0.50$0$0$0
MARK HARTMAN
60 WILLOW DRIVENEW ROCHELLENY10805TREASURER THRU 20240.50$0$0$0
RABIA DE LANDE LONG
60 WILLOW DRIVENEW ROCHELLENY10805DIRECTOR0.50$0$0$0
JAMES STAUDT
60 WILLOW DRIVENEW ROCHELLENY10805DIRECTOR0.50$0$0$0
DORETTE GERSPACH
60 WILLOW DRIVENEW ROCHELLENY10805DIRECTOR0.50$0$0$0
CHRISTINA VILLANUEVA
60 WILLOW DRIVENEW ROCHELLENY10805CFO0.50$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
JOANNE RUSSO-LANZA
60 WILLOW DRIVENEW ROCHELLENY10805VP OF HOUSING40.00$193,800$6,783$0
TARA PYE
60 WILLOW DRIVENEW ROCHELLENY10805HOUSING MANAGER40.00$110,946$22,091$0
KEVIN FERNANDEZ
60 WILLOW DRIVENEW ROCHELLENY10805MAINTENANCE WORKER40.00$78,635$0$0
FERNANDO A DE ASSIS DA SILVA
60 WILLOW DRIVENEW ROCHELLENY10805PAINTER40.00$51,137$0$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JACKSON LEWIS PCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11133 WESTCHESTER AVE SUITE 125AddressLine1Txt
CityWEST HARRISONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10604ZIPCd
FieldValueIRS element (for citing)
Service TypeLEGAL SERVICESServiceTypeTxt
Compensation$70,755CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SOUND VIEW APARTMENTS HOUSING DEVELOPMENT FUND COMPANY, INC. OWNS AND OPERATES A 135-UNIT SENIOR HOUSING FACILITY FOR LOW-INCOME ELDERLY PERSONS IN NEW ROCHELLE, NEW YORK (THE "PROJECT"). THE ORGANIZATION PARTICIPATES IN SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS. ITS PRIMARY SOURCES OF REVENUE ARE RENT SUBSIDIES FROM HUD AND RENT PAYMENTS FROM TENANTS. SUCH PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") WITH RESPECT TO RENT CHARGES AND OPERATING METHODS.Description1Txt
Expenses1$2,113,927Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$982,496AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$982,496TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$982,496AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,737CashDeemedCharitableAmt
Net Vl Noncharitable Assets$967,759NetVlNoncharitableAssetsAmt
Minimum Investment Return$48,388MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,254,720ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$371,454CharitableAssetsAcquisPaidAmt
Qualifying Distributions$2,626,174QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$20,023CurrentYearAmt
Year1$24,804Year1Amt
Year2$20,982Year2Amt
Year3$0Year3Amt
Total$65,809TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$17,020CurrentYearAmt
Year1$21,083Year1Amt
Year2$17,835Year2Amt
Year3$0Year3Amt
Total$55,938TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$2,626,174CurrentYearAmt
Year1$2,733,834Year1Amt
Year2$2,194,866Year2Amt
Year3$2,016,206Year3Amt
Total$9,571,080TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$2,626,174CurrentYearAmt
Year1$2,733,834Year1Amt
Year2$2,194,866Year2Amt
Year3$2,016,206Year3Amt
Total$9,571,080TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$11,956,131CurrentYearAmt
Year1$11,713,701Year1Amt
Year2$11,519,415Year2Amt
Year3$11,391,247Year3Amt
Total$46,580,494TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Current Year$10,582,580CurrentYearAmt
Year1$10,331,204Year1Amt
Year2$9,726,615Year2Amt
Year3$9,651,713Year3Amt
Total$40,292,112TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,098ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmt
LAUNDRY AND VENDING REVENUE01$9,000
PARKING REVENUE01$8,925

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$20,023ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$20,023TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementLOW INCOME HOUSINGRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1451 7TH STREET SWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20410ZIPCd
FieldValueIRS element (for citing)
Total Contributions$2,299,187TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTANT FEESCategoryTxt
Amt$35,766Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$12,600DisbursementsCharitablePrpsAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$71,819LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$71,819DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DUE FROM AFFILIATES$214,149$1,358$1,358
SECURITY DEPOSITS$74,501$52,305$52,305

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OFFICE SUPPLIES$35,750$0$0$25,971
PERMIT AND FEES$23,208$0$0$23,944
POSTAGE$465$0$0$465
TELEPHONE$19,447$0$0$19,229
REPAIRS AND MAINTENANCE$149,383$90,544$90,544$81,977
BAD DEBT EXPENSE$19,386$0$0$0
INSURANCE$128,370$0$0$133,374
COPIER LEASE$2,637$0$0$2,637

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
LAUNDRY AND VENDING REVENUE$9,000$9,000
PARKING REVENUE$8,925$8,925

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
TENANT SECURITY DEPOSITS$74,501$52,305
DUE TO AFFILIATES$0$51,349

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT FEE$148,064$0$0$148,064
HR CONSULTANTS$13,740$0$0$13,740
CONSULTANT FEES$11,650$0$0$11,650
CONTRACT SERVICES$44,937$0$0$38,089

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