CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (EIN 56-2453276)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-12-18
- IRS object ID
- 202503529349300825
- Schema version
- 2024v5.0
- 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 E
- Schedule J
- Schedule K
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-12-18T14:29:13-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 133747593 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARGAS & RIVERA CPA'S LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 586 ROUTE 304 | AddressLine1Txt |
| City | NEW CITY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10956 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562453276 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARTER SCHOOL OF EDUCATIONAL | BusinessNameLine1Txt |
| Business Name Line2 | EXCELLENCE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 2127867913 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 260 WARBURTON AVENUE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDUARDO LAGUERRE | PersonNm |
| Person Title | BOARD CHAIRMAN | PersonTitleTxt |
| Phone | 9144765070 | PhoneNum |
| Signature | 2025-12-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUIS C RIVERA | PreparerPersonNm |
| PTIN | P00645103 | PTIN |
| Phone | 8456383113 | PhoneNum |
| Preparation | 2025-12-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EDUARDO LAGUERRE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 260 WARBURTON AVENUE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,397,371 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | CHARTERSCHOOLOFEDUCATIONALEXCELLENCE.O | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 180 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,158,812 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,346,730 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,082,250 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $21,416,706 | CYProgramServiceRevenueAmt |
| PY Investment Income | $730,551 | PYInvestmentIncomeAmt |
| CY Investment Income | $633,935 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $24,971,613 | PYTotalRevenueAmt |
| CY Total Revenue | $24,397,371 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,390,138 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,353,629 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,529,382 | PYOtherExpensesAmt |
| CY Other Expenses | $12,640,117 | CYOtherExpensesAmt |
| PY Total Expenses | $25,919,520 | PYTotalExpensesAmt |
| CY Total Expenses | $25,993,746 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$947,907 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,596,375 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $87,190,674 | TotalAssetsBOYAmt |
| Total Assets EOY | $84,433,418 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $80,970,212 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $79,809,331 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,220,462 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,624,087 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $22,203,045 | ExpenseAmt |
| Revenue | $21,416,706 | RevenueAmt |
| Desc | PROVIDES INSTRUCTIONAL AND EDUCATIONAL SERVICES TO APPROXIMATELY 1130 STUDENTS GRADES K THROUGH 12TH. | Desc |
| Total Program Service Expenses | $22,203,045 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 180 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9144765070 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 260 WARBURTON AVENUE | AddressLine1Txt |
| City | YONKERS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| JESSICA JACARUSO | |||||||
| PRINCIPAL - | 40.00 | Yes (X) | $180,933 | $0 | $0 | ||
| MICHAEL DESIMONE | |||||||
| PHYS ED/ATHL | 40.00 | $171,552 | $0 | $0 | Yes (X) | ||
| JENNIFER SPINA | |||||||
| PRINCIPAL - | 40.00 | Yes (X) | $168,216 | $0 | $0 | ||
| DWAIN PALMER | |||||||
| PRINCIPAL - | 40.00 | Yes (X) | $167,045 | $0 | $0 | ||
| MEILING PEREZ | |||||||
| DEAN OF STUD | 40.00 | $128,214 | $0 | $0 | Yes (X) | ||
| MARGARET O'DONNELL | |||||||
| ELA DIRECTOR | 40.00 | $126,933 | $0 | $0 | Yes (X) | ||
| MEAGAN BOYLE | |||||||
| AIS TEACHER | 40.00 | $121,529 | $0 | $0 | Yes (X) | ||
| LINDSEY CONTI | |||||||
| SPED DIRECTO | 40.00 | $115,772 | $0 | $0 | Yes (X) | ||
| DANIELLE RENDINA | |||||||
| INTERIM EXEC | 40.00 | Yes (X) | $115,524 | $0 | $0 | ||
| NADINE BURNS-LYONS | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| SOBEIDA CRUZ | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GREG NANNERY ESQ | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WILSON SOTO ESQ | |||||||
| VICE-CHAIRMA | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ERIKA FERMIN | |||||||
| PTO PRESIDEN | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| EDUARDO LAGUERRE | |||||||
| BOARD CHAIRM | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MICHAEL OLMEDA | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| CARLA J DUBOSE-SIMMONS PHD | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| REV ESTEBAN DANIEL RIVERA | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,295,718 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|
| TUR-BUS EXPRESS CORP | ||||||
| 482 SAW MILL ROAD | YONKERS | NY | 10701 | TRANSPORTATION | $999,636 | |
| ARROW SECURITY | ||||||
| 570 TAXTER RD | ELMSFORD | NY | 10523 | SECURITY | $368,466 | |
| BOOSTED FINANCE | ||||||
| PO BOX 70 | PLAINVIEW | NY | 11803 | FISCAL SERVICES | $242,586 | |
| EDIT | ||||||
| PO BOX 70 | PLAINVIEW | NY | 11803 | IT SERVICES | $207,000 | C/O BOOSTED |
| FCR BUILDERS | ||||||
| 1244 SAW MILL RIVER ROAD | YONKERS | NY | 10710 | CONSTRUCTION | $111,891 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,196,730 | GovernmentGrantsAmt |
| All Other Contributions | $150,000 | AllOtherContributionsAmt |
| Total Contributions | $2,346,730 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESIDENT STUDENT ENROLLMENT | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $21,416,706 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,416,706 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $21,416,706 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $633,935 | TotalRevenueColumnAmt |
| Exclusion | $633,935 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,397,371 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,416,706 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $633,935 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,297,940 | TotalAmt |
| Program Services | $9,153,469 | ProgramServicesAmt |
| Management And General | $1,144,471 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $855,915 | TotalAmt |
| Program Services | $760,792 | ProgramServicesAmt |
| Management And General | $95,123 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,275,466 | TotalAmt |
| Program Services | $1,133,716 | ProgramServicesAmt |
| Management And General | $141,750 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $924,308 | TotalAmt |
| Program Services | $821,584 | ProgramServicesAmt |
| Management And General | $102,724 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,806 | TotalAmt |
| Management And General | $97,806 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Management And General | $30,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,118,256 | TotalAmt |
| Program Services | $417,401 | ProgramServicesAmt |
| Management And General | $700,855 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,024 | TotalAmt |
| Program Services | $53,353 | ProgramServicesAmt |
| Management And General | $6,671 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,652 | TotalAmt |
| Program Services | $104,577 | ProgramServicesAmt |
| Management And General | $13,075 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,986 | TotalAmt |
| Program Services | $136,873 | ProgramServicesAmt |
| Management And General | $17,113 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,328,476 | TotalAmt |
| Program Services | $1,180,835 | ProgramServicesAmt |
| Management And General | $147,641 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,276,093 | TotalAmt |
| Program Services | $2,023,137 | ProgramServicesAmt |
| Management And General | $252,956 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,910,675 | TotalAmt |
| Program Services | $2,587,195 | ProgramServicesAmt |
| Management And General | $323,480 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,233 | TotalAmt |
| Program Services | $111,178 | ProgramServicesAmt |
| Management And General | $252,055 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT SERVICES | $1,033,967 | $919,056 | $114,911 |
| TRANSPORTATION (STUDENTS) | $915,601 | $813,845 | $101,756 |
| MISCELLANEOUS EXPENSES | $706,127 | $627,653 | $78,474 |
| TEXTBOOKS & MATERIALS | $605,160 | $537,905 | $67,255 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $923,061 | TotalAmt |
| Program Services | $820,476 | ProgramServicesAmt |
| Management And General | $102,585 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,993,746 | TotalAmt |
| Program Services | $22,203,045 | ProgramServicesAmt |
| Management And General | $3,790,701 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,295 | BOYAmt |
| EOY | $178,669 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,595,321 | BOYAmt |
| EOY | $13,043,310 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,398,355 | BOYAmt |
| EOY | $505,997 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,468 | BOYAmt |
| EOY | $50,116 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $59,253,992 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,978,439 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,856,461 | BOYAmt |
| EOY | $38,275,553 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,068,774 | BOYAmt |
| EOY | $32,379,773 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,190,674 | BOYAmt |
| EOY | $84,433,418 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $510,366 | BOYAmt |
| EOY | $722,090 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $295,300 | BOYAmt |
| EOY | $197,132 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,985,000 | BOYAmt |
| EOY | $47,445,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,179,546 | BOYAmt |
| EOY | $31,445,109 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,970,212 | BOYAmt |
| EOY | $79,809,331 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,220,462 | BOYAmt |
| EOY | $4,624,087 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,220,462 | BOYAmt |
| EOY | $4,624,087 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,190,674 | BOYAmt |
| EOY | $84,433,418 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,596,375 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 | $2,478,280 | OtherCostOrOtherBasisAmt |
| Book Value | $2,478,280 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,859,817 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,372,762 | DepreciationAmt |
| Book Value | $34,487,055 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,141,844 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,361,296 | DepreciationAmt |
| Book Value | $780,548 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,998,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,562,746 | DepreciationAmt |
| Book Value | $435,891 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $775,414 | OtherCostOrOtherBasisAmt |
| Depreciation | $681,635 | DepreciationAmt |
| Book Value | $93,779 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $38,275,553 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OPERATING LEASE ROU - NET | $23,507,006 |
| CASH-RESTRICTED AND DEBT SVC ACCTS | $6,425,931 |
| DEFERRED FINANCING COST - NET | $2,273,485 |
| ESCROW DEPOSITS | $100,084 |
| SECURITY DEPOSIT | $73,267 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $32,379,773 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITY | $24,522,322 |
| PREMIUM ON BONDS PAYABLE | $3,794,453 |
| ACCRUED PAYROLL & RELATED EXP | $2,986,527 |
| ACCRUED INTEREST | $141,807 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $31,445,109 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $24,397,371 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $24,397,371 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $24,397,371 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,993,746 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $25,993,746 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $25,993,746 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | INCLUDED IN ALL SOLICITATION MATERIAL. |
| SCHEDULE E, LINE 6 | THS SCHOOL APPLIES FOR VARIOUS GOVERNMENTAL GRANTS EACH YEAR WHICH ARE BASED ON SEVERAL FACTORS SUCH AS TOTAL STUDENTS ENROLLED IN THE SCHOOL YEAR. RECEIVES STATE APPROVED "PER PUPIL' RATES OF REVENUE FROM SCHOOL DISTRICTS |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|
| JESSICA JACARUSO | ||
| PRINCIPAL - MS | $180,933 | $180,933 |
| MICHAEL DESIMONE | ||
| PHYS ED/ATHLETIC DIR | $171,552 | $171,552 |
| JENNIFER SPINA | ||
| PRINCIPAL - ES | $168,216 | $168,216 |
| DWAIN PALMER | ||
| PRINCIPAL - HS | $167,045 | $167,045 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| A | 421730564 | 98608MAD3 | 2019-11-01 | $3,060,000 | THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB | false | false | false |
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| B | 421730564 | 98608MAE1 | 2019-11-01 | $8,610,000 | THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB | false | false | false |
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| C | 421730564 | 98608MAF8 | 2019-11-01 | $14,030,000 | THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB | false | false | false |
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| D | 421730564 | 98608MAG6 | 2019-11-01 | $10,040,000 | THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|
| A | 2020 | false | false | Yes (true) | Yes (true) |
| B | 2020 | false | false | Yes (true) | Yes (true) |
| C | 2020 | false | false | Yes (true) | Yes (true) |
| D | 2020 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false |
| D | false | false | false | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false | false | false |
| D | false | false | false | false | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| A | 421730564 | 98608MAJ0 | 2020-11-01 | $1,065,000 | THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB | false | false | false |
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| B | 421730564 | 98608MAK7 | 2020-11-01 | $3,845,000 | THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB | false | false | false |
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| C | 421730564 | 98608MAL5 | 2020-11-01 | $6,275,000 | THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB | false | false | false |
| YONKERS ECONOMIC DEVELOPMENT CORP | ||||||||
| D | 421730564 | 98608MAM3 | 2020-11-01 | $530,000 | THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|
| A | 2021 | false | false | Yes (true) | Yes (true) |
| B | 2021 | false | false | Yes (true) | Yes (true) |
| C | 2021 | false | false | Yes (true) | Yes (true) |
| D | 2021 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false |
| D | false | false | false | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | false | false | false |
| B | false | false | false | false | false | false | false | false | false |
| C | false | false | false | false | false | false | false | false | false |
| D | false | false | false | false | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
| PURPOSE OF ISSUE DESCRIPTION | YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE WILL PROVIDE A SAFE AND NURTURING ENVIRONMENT FOR ALL STUDENTS AND FOSTER A STRONG PARTNERSHIP WITH FAMILIES AND THE COMMUNITY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS E-MAILED TO THE BOARD OF TRUSTEES AND MANAGEMENT FOR APPROVAL BEFORE FINAL IS ULTIMATELY FILED WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | A.EACH COVERED PERSON SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON: 1.HAS RECEIVED A COPY OF THE POLICY, 2.HAS READ AND UNDERSTANDS THE POLICY, 3.HAS AGREED TO COMPLY WITH THE POLICY, AND 4.UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION AND THE TRUST OF THE PUBLIC IT MUST DILIGENTLY AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF ANY CONFLICT AND ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. B.THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF COVERED PERSONS, AND ANY NEW COVERED PERSON SHALL BE ADVISED OF THE POLICY UPON BECOMING A COVERED PERSON AND SHALL FILE AN ANNUAL STATEMENT WITH THE CORPORATION. C.TO FURTHER THE PURPOSE OF THE DISCLOSURE PROVISIONS OF THIS POLICY, THE CORPORATION SHALL PROVIDE THE BOARD WITH A FULL LIST OF PROPOSED OR CURRENT TRANSACTIONS OR ARRANGEMENTS ON NO LESS THAN A YEARLY BASIS TO ENSURE THAT NO CONFLICTS EXIST, OR HAVE DEVELOPED, IN THE PRECEDING YEAR. DIRECTORS, TRUSTEES, OFFICERS AND EMPLOYEES SIGN AN ANNUAL DECLARATION AND THIS IS REVIEWED BY THE COMMITTEE. |
| FORM 990, PAGE 6, PART VI, LINE 15A | YES |
| FORM 990, PAGE 6, PART VI, LINE 15B | YES |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST WITH BOARD APPROVAL. |
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