HIGHBRIDGE SENIOR HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HIGHBRIDGE SENIOR HOUSING DEVELOPMENT FUND CORPORATION (EIN 13-4094682)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-10
IRS object ID
202513149349305956
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)
Return2025-11-10T16:16:55-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN132672154PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LIPSKY GOODKIN & CO PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1120 WEST 45TH STREET 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134094682EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HIGHBRIDGE SENIOR HDFCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHIGHBusinessNameControlTxt
Phone7182933100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11465 NELSON AVENUE RMSTE AAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDONNA SMITHPersonNm
Person TitleCFOPersonTitleTxt
Phone7182933100PhoneNum
Signature2025-09-30SignatureDt
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 PersonMESUG KIMPreparerPersonNm
PTINP01291883PTIN
Phone2128406444PhoneNum
Preparation2025-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKOBINA ARHINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11465 NELSON AVENUE RM/STE AAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,225,633GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE HOUSING FOR LOW INCOME SENIORSActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,229,330PYProgramServiceRevenueAmt
CY Program Service Revenue$1,219,947CYProgramServiceRevenueAmt
PY Investment Income$11,274PYInvestmentIncomeAmt
CY Investment Income$5,686CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,240,604PYTotalRevenueAmt
CY Total Revenue$1,225,633CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$243,225PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$257,638CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,315,599PYOtherExpensesAmt
CY Other Expenses$1,392,874CYOtherExpensesAmt
PY Total Expenses$1,558,824PYTotalExpensesAmt
CY Total Expenses$1,650,512CYTotalExpensesAmt
PY Revenues Less Expenses-$318,220PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$424,879CYRevenuesLessExpensesAmt
Total Assets BOY$3,946,519TotalAssetsBOYAmt
Total Assets EOY$3,630,034TotalAssetsEOYAmt
Total Liabilities BOY$10,148,663TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,257,057TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$6,202,144NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$6,627,023NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HOUSING FOR LOW INCOME SENIORSMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,547,217ExpenseAmt
DescPROVIDING OF HOUSING FOR LOW INCOME SENIORSDesc
Total Program Service Expenses$1,547,217TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HIGHBRIDGE COMMUNITY DEVELOPMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7182933100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11465 NELSON AVENUE STE AAddressLine1Txt
CityBRONXCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10452ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
MSGR DONALD SAKANO
CHAIRMAN0.00Yes (X)Yes (X)$0$0$0
REV MARK CREGAN
TREASURER0.00Yes (X)Yes (X)$0$0$0
KENNETH BROWNE
DIRECTOR0.00Yes (X)$0$0$0
REV JOSEPH FRANCO
DIRECTOR0.00Yes (X)$0$0$0
REV FR JOSE R CRUZ
DIRECTOR0.00Yes (X)$0$0$0
BEATRIZ DIAZ TAVERAS
DIRECTOR0.00Yes (X)$0$0$0
ROSANNA VIERA
DIRECTOR0.00Yes (X)$0$0$0
KOBINA ARHIN
SVP/CEO1.00Yes (X)$0$311,847$034.00
DONNA M SMITH
CFO1.00Yes (X)$0$184,239$034.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$496,086TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENT REVENUE531110$1,215,615$1,215,615
OTHER REVENUE531110$4,332$4,332
FieldValueIRS element (for citing)
Total Program Service Revenue$1,219,947TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,686TotalRevenueColumnAmt
Related Or Exempt Func Income$5,686RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,225,633TotalRevenueColumnAmt
Related Or Exempt Func Income$1,225,633RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$187,749TotalAmt
Program Services$187,749ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$60,215TotalAmt
Program Services$60,215ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,674TotalAmt
Program Services$9,674ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$88,799TotalAmt
Management And General$88,799ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$25TotalAmt
Program Services$25ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,496TotalAmt
Management And General$14,496ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$28,749TotalAmt
Program Services$28,749ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,916TotalAmt
Program Services$7,916ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$353,382TotalAmt
Program Services$353,382ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$130,297TotalAmt
Program Services$130,297ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
SECURITY$295,708$295,708
REAL ESTATE TAXES$146,619$146,619
REPAIRS$123,361$123,361
UTILITIES$111,176$111,176

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$92,346TotalAmt
Program Services$92,346ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,650,512TotalAmt
Program Services$1,547,217ProgramServicesAmt
Management And General$103,295ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,613BOYAmt
EOY$13,862EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,296BOYAmt
EOY$13,070EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$144,152BOYAmt
EOY$131,483EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,825,993LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,039,581LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,139,306BOYAmt
EOY$2,786,412EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$10,350BOYAmt
EOY$9,862EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$632,802BOYAmt
EOY$675,345EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,946,519BOYAmt
EOY$3,630,034EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$363,107BOYAmt
EOY$473,279EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,488BOYAmt
EOY$14,484EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$25,502BOYAmt
EOY$26,275EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$9,707,300BOYAmt
EOY$9,707,300EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,266BOYAmt
EOY$35,719EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,148,663BOYAmt
EOY$10,257,057EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$6,202,144BOYAmt
EOY-$6,627,023EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$6,202,144BOYAmt
EOY-$6,627,023EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,946,519BOYAmt
EOY$3,630,034EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$424,879ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$13,900CurrentTaxYearMinus3YearsAmt
Total$13,900TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$980,426CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,189,999CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,223,038CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,229,330CurrentTaxYearMinus1YearAmt
Current Tax Year$1,219,947CurrentTaxYearAmt
Total$5,842,740TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$980,426CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,203,899CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,223,038CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,229,330CurrentTaxYearMinus1YearAmt
Current Tax Year$1,219,947CurrentTaxYearAmt
Total$5,856,640TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,856,640PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$592CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$319CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,354CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,274CurrentTaxYearMinus1YearAmt
Current Tax Year$5,686CurrentTaxYearAmt
Total$19,225TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$592CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$319CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,354CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,274CurrentTaxYearMinus1YearAmt
Current Tax Year$5,686CurrentTaxYearAmt
Total$19,225TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$981,018CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,204,218CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,224,392CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,240,604CurrentTaxYearMinus1YearAmt
Current Tax Year$1,225,633CurrentTaxYearAmt
Total$5,875,865TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99670PublicSupportCY509Pct
Public Support PY5090.99720PublicSupportPY509Pct
Investment Income CY0.00330InvestmentIncomeCYPct
Investment Income PY0.00280InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,974OtherCostOrOtherBasisAmt
Book Value$38,974BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,619,508OtherCostOrOtherBasisAmt
Depreciation$6,882,896DepreciationAmt
Book Value$2,736,612BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$167,511OtherCostOrOtherBasisAmt
Depreciation$156,685DepreciationAmt
Book Value$10,826BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,786,412TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
TENANT SECURITY DEPOSITS$26,275
RESERVE FOR REPLACEMENT$640,318
INVESTMENT -OPERATIONS$8,752
FieldValueIRS element (for citing)
Total Book Value Other Assets$675,345TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATEDesc
Amt$35,719Amt
FieldValueIRS element (for citing)
Total Liability$35,719TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$1,225,633TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,225,633RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,225,633TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,650,512TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,650,512ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,650,512TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, LINE 2B:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANT ONCE THEY MOVE OUT OF THE APARTMENTExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KOBINA ARHIN
SVP/CEO$0$311,847$0$0$0$0$0$0$0$0$0$311,847$0$0
DONNA M SMITH
CFO$0$184,239$0$0$0$0$0$0$0$0$0$184,239$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION IS MANAGED BY HIGHBRIDGE COMMUNITY DEVELOPMENT CORP, WHICH MANAGES THE BOOKS AND RECORDS OF THE ORGANIZATION AS WELL AS THE DAY-TO-DAY OPERATIONS.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S 990 IS REVIWED BY THE AUDIT AND FINANCE COMMITTEE BEFORE IT IS FINALIZED AND ISSUED.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REGULARY SENDS OUT AN ANNUAL QUESTIONNAIRE TO THE BOARD MEMBERS AND STAFF.
FORM 990, PART VI, SECTION B, LINE 15BTHE 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, PART VI, SECTION C, LINE 19DOCUMENTS, 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/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
HIGHBRIDGE COMMUNITY DEV CORP
1465 NELSON AVENUE STE ABRONXNY10452133860487BLDG MGTNYLINE 100
HIGHBRIDGE COMMUNITY HDFC
1465 NELSON AVENUE STE ABRONXNY10452133496091HOUSINGNYLINE 100
NELSON SENIOR HDFC
1465 NELSON AVENUE STE ABRONXNY10452134158791HOUSINGNYLINE 100
SHAKESPEARE SENIOR HDFC
1465 NELSON AVENUE STE ABRONXNY10452134154583HOUSINGNYLINE 100
UNIVERSITY AVENUE SENIOR HDFC
1465 NELSON AVENUE STE ABRONXNY10452200638650HOUSINGNYLINE 100
HIGHBRIDGE TPT HDFC
1465 NELSON AVENUE STE ABRONXNY10452205262130HOUSINGNYLINE 100
NOSOTROS-SHAKESPEARE HDFC
1465 NELSON AVENUE STE ABRONXNY10452133787490HOUSINGNYLINE 100
NOSOTROS HDFC
1465 NELSON AVENUE STE ABRONXNY10452133701038HOUSINGNYLINE 100
ARTSBRIDGE HDFC
1465 NELSON AVENUE STE ABRONXNY10452454823541HOUSINGNYLINE 100
EXCELSIOR II HDFC
1465 NELSON AVENUE STE ABRONXNY10452472422237HOUSINGNYLINE 100
ST FRANCIS HDFC
1465 NELSON AVENUE STE ABRONXNY10452833683495HOUSINGNYLINE 100

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
SHAKESPEARE ASSOCIATES LP
1465 NELSON AVENUE STE1BRONXNY10452133787737HOUSINGNY00
JESUP AVENUE LP
1465 NELSON AVENUE STE1BRONXNY10452200340872HOUSINGNY00
NELSON AVENUE LP
1465 NELSON AVENUE STE1BRONXNY10452134189955HOUSINGNY00
JESUP AVENUE ASSOCIATES LP
1465 NELSON AVENUE STE1BRONXNY10452204811815HOUSINGNY00
PLIMPTON 1450 LP
1465 NELSON AVENUE STE1BRONXNY10452465130373HOUSINGNY00
EXCEL NELSON LP
1465 NELSON AVENUE STE1BRONXNY10452473480611HOUSINGNY00
SHAKSPEARE WATSON LP
1465 NELSON AVENUE STE1BRONXNY10452812759518HOUSINGNY00
WEST 170TH OGDEN LP
1465 NELSON AVENUE STE1BRONXNY10452462245108HOUSINGNY00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
JESUP ONE INC
1465 NELSON AVENUE STE ABRONXNY10452200317727HOUSINGNYC0
JESUP TWO INC
1465 NELSON AVENUE STE ABRONXNY10452205485838HOUSINGNYC0
NELSON SENIOR INC
1465 NELSON AVENUE STE ABRONXNY10452134187847HOUSINGNYC0
NORTH SHAKESPEARE INC
1465 NELSON AVENUE STE ABRONXNY10452133784717HOUSINGNYC0
AB PLIMPTON INC
1465 NELSON AVENUE STE ABRONXNY10452465106399HOUSINGNYC0
OSP LAMBS INC
1465 NELSON AVENUE STE ABRONXNY10452471741690HOUSINGNYC0
WATSON 1437 INC
1465 NELSON AVENUE STE ABRONXNY10452812759156HOUSINGNYC0
WEST OGDEN INC
1465 NELSON AVENUE STE ABRONXNY10452462188889HOUSINGNYC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
HIGHBRIDGE COMMUNITY DEV CORP
P$424,214
HIGHBRIDGE COMMUNITY DEV CORP
M$88,799

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