BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION (EIN 13-4196931)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-28
IRS object ID: 201143329349300714
Schema version: 2010v3.4
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 J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-28T12:31:57-06:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	666 THIRD AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100174011	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	134196931	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Common Ground Community IV HDFC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	COMM	NameControl
Phone	2123899343	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	505 EIGHTH AVENUE 15th Floor	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10018	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	eduardo ronquillo	Name
Title	controller	Title
Date Signed	2011-11-14	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Scott Thompsett	Name
Phone	2125990100	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	TIMOTHY MARX	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	505 EIGHTH AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10018	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	2691744	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.COMMONGROUND.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2001	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	REHABILITATING AND OPERATING A HOUSING PROJECT AT 197 BOWERY NEW YORK CITY AND SUPPLYING INEXPENSIVE ACCOMODATION TO INDIVIDUALS UNABLE TO AFFORD AN APARTMENT BY PROVIDING FIRST STEP HOUSING (CUBICLE HOTELS).	ActivityOrMissionDescription
Nbr Voting Members Governing Body	4	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	2	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	2499269	ContributionsGrantsPriorYear
Contributions Grants Current Year	2570852	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	0	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	34849	OtherRevenuePriorYear
Other Revenue Current Year	120892	OtherRevenueCurrentYear
Total Revenue Prior Year	2534118	TotalRevenuePriorYear
Total Revenue Current Year	2691744	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1329675	SalariesEtcPriorYear
Salaries Etc Current Year	1526661	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1952160	OtherExpensePriorYear
Other Expenses Current Year	1956057	OtherExpensesCurrentYear
Total Expenses Prior Year	3281835	TotalExpensesPriorYear
Total Expenses Current Year	3482718	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-747717	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-790974	RevenuesLessExpensesCY
Total Assets BOY	18656314	TotalAssetsBOY
Total Assets EOY	18272901	TotalAssetsEOY
Total Liabilities BOY	17981600	TotalLiabilitiesBOY
Total Liabilities EOY	18389161	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	674714	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-116260	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	COMMON GROUND COMMUNITY IV HDFC (CGC IV) WAS FORMED FOR THE CHARITABLE PURPOSE OF OWNING, REHABILITATING, AND OPERATING A HOUSING PROJECT AT 197 BOWERY NEW YORK CITY. CGC IV WILL PROVIDE FIRST STEP HOUSING MODELS, ALSO KNOWN AS "LODGING HOUSES" OR "FLOPHOUSES," WHICH ARE CUBICLE HOTELS THAT WILL SUPPLY INEXPENSIVE ACCOMMODATION TO INDIVIDUALS UNABLE TO AFFORD AN APARTMENT.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3314216	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	Common Ground Community IV HDFC's (CGC IV) primary exempt purpose is to support the tax-exempt mission of its parent organization, Common Ground Community HDFC. It accomplishes this purpose by owning and operating a housing project called the Andrews Building located at 197 Bowery, New York City. It offers Common Grounds First Step housing, a low-cost, short-term alternative to the Citys shelters or life on the street. First Step housing provides private, safe, clean, and affordable short-term accommodations to individuals who are transitioning to permanent housing, facing homelessness, or who have failed in other programs. The Andrews offers 146 short-term living units, including 38 units reserved for homeless veterans. The First Step Housing project began taking shape in 1997, when Common Ground interviewed more than 200 chronically street homeless adults (those who have lived on the streets for more than one year) to solicit reactions to a range of housing options that could entice them off the streets. By incorporating their concerns regarding issues such as privacy and space for personal belongings, we began developing a new program that would offer a reason to take the first steps into housing In addition, the entity operated the Prince Residence at 220 Bowery, under contract with the New York City Department of Homeless Services, where shelter, food and services were provided for 80 formerly homeless tenants.	Description
Total Program Service Expense	3314216	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	4	NbrVotingGoverningBodyMembers
Number Independent Voting Members	2	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	EDUARDO RONQUILLO CONTROLLER	NamePerson
Telephone Number	2123899343	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	505 EIGHTH AVE 15TH FL	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10018	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
douglas lasdon
CHAIRMAN	1.0	X	X	0	0	0
anthony hannigan
secretary	1.0	X	X	0	0	0
ROSANNE HAGGERTY
PRESIDENT	1.0	X	X	0	214148	15922
david beer
vice president	1.0	X	X	0	151308	28685
MICHAEL KURTZ
CHIEF FINANCIAL OFFICER	1.0	X		0	133973	7028
TIMOTHY MARX
EXECUTIVE DIRECTOR	1.0		X	0	213852	16440
EDUARDO RONQUILLO
CONTROLLER	1.0		X	0	134719	15915

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	0	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	848000	TotalReportableCompFrmRltdOrgs
Total Other Compensation	83990	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Government Grants	2570852	GovernmentGrants
Total Contributions	2570852	TotalContributions
Total Program Service Revenue	0	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	63038	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	63038	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	63038	TotalRevenueColumn
Exclusion	$63,038	ExclusionAmount

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
GAIN ON FORGIVENESS OF LOAN	900099	56944	$56,944
MISCELLANEOUS	900099	910	$910

Field	Value	IRS element (for citing)
Total Other Revenue	57854	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2691744	TotalRevenueColumn
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$120,892	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	0	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1123059	Total
Program Services	1123059	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	4728	Total
Program Services	4728	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	299642	Total
Program Services	299642	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	99232	Total
Program Services	99232	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	123727	Total
Program Services	123727	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	9835	Total
Program Services	9835	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	6555	Total
Program Services	6555	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	173592	Total
Program Services	173592	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	20164	Total
Program Services	20164	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	483175	Total
Program Services	483175	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	34995	Total
Program Services	34995	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
SECURITY	356184	356184
TENANT SERVICES	284940	284940
ADMINISTRATIVE/OVERHEAD	168502		168502
REPAIRS AND MAINTENANCE	86120	86120
HOUSEKEEPING	22977	22977

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	185291	Total
Program Services	185291	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3482718	Total
Program Services	3314216	ProgramServices
Management And General	168502	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1931962	BOY
EOY	2028141	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	501990	BOY
EOY	267865	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	17137278	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1322831	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	16169729	BOY
EOY	15814447	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	52633	BOY
EOY	162448	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	18656314	BOY
EOY	18272901	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	695210	BOY
EOY	750598	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	469662	BOY
EOY	813842	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	12023672	BOY
EOY	11846544	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	4793056	BOY
EOY	4978177	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	17981600	BOY
EOY	18389161	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	674714	BOY
EOY	-116260	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	674714	BOY
EOY	-116260	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	18656314	BOY
EOY	18272901	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-790974	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2539137	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1073096	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3125725	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2499569	CurrentTaxYearMinus1Year
Current Tax Year	2570852	CurrentTaxYear
Total	11808379	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2539137	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1073096	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3125725	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2499569	CurrentTaxYearMinus1Year
Current Tax Year	2570852	CurrentTaxYear
Total	11808379	Total

Field	Value	IRS element (for citing)
Public Support Total170	11808379	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	147314	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	79281	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	50907	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	33304	CurrentTaxYearMinus1Year
Current Tax Year	63038	CurrentTaxYear
Total	373844	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	65704	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	921	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	25583	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1545	CurrentTaxYearMinus1Year
Current Tax Year	57845	CurrentTaxYear
Total	151598	Total

Field	Value	IRS element (for citing)
Total Support	12333821	TotalSupport
Public Support Pertcentage170	0.95740	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.93889	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

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

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Land		Land

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	16288504	OtherCostOrOtherBasis
Depreciation	1322831	Depreciation
Book Value	14965673	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	59447	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	59447	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	789327	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	789327	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	15814447	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
SECURITY DEPOSITS PAYABLE	$10,115
DUE TO AFFILIATED ORGANIZATION	$4,968,062

Field	Value	IRS element (for citing)
Total Of Amounts	4978177	TotalOfAmounts
Total Revenue	2691744	TotalRevenue
Total Expenses	3482718	TotalExpenses
Excess Or Deficit For Year	-790974	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-790974	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2691744	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	2691744	RevenueSubtotal
Total Revenue Per Form990	2691744	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3482718	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	3482718	ExpensesSubtotal
Total Expenses Per Form990	3482718	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
fin 48	part x - other liabilities	On January 1, 2009, Common Ground adopted a new accounting standard which requires that a tax position be recognized or derecognized based on a "more-like-than-not" threshold. The accounting standard establishes criterion that an individual tax position has to meet for some or all of the benefits of that position to be recognized in an entity's financial statements. On initial application, this criterion will be applied to all tax positions for which the statute of limitations remains open. Only tax positions that meet the "more-likely-than-not" recognition threshold at the adoption date will be recognized or continue to be recognized. The adoption of this guidance did not have an impact on Common Ground's consolidated financial statements, as management believes that there are no uncertain tax positions within its consolidated financial statements. Common Ground has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; determine its filing and tax obligations in jurisdictions for which it has nexus; and to review other matters that may be considered tax positions. The tax years ending 2007, 2008, 2009 and 2010 are still open to audit for both federal and state purposes.
reconciliation	part xi, xii, xiii	Common Ground Community HDFC files a consolidated audited financial statement with all of its tax-exempt subsidiaries. The reconciliation in part XI of Schedule D reconciles back to Common Ground Community IV's financial information as presented in the audited financial statements and not to the consolidated numbers (inclusive of all subsidiaries). Common Ground Community IV's change in net assets for the year is ($790,974).
Schedule D, Part VI - Fixed Assets		The organization's books and records do not calculate a depreciation expense for its furniture and fixtures and equipment fixed assets. The $483,175 in depreciation expense on Part IV, Line 22 represents depreciation on its building.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
ROSANNE HAGGERTY
0	214148	0	0	0	0	0	8774	0	7148	0	230070	0	0
david beer
0	151308	0	0	0	0	0	7908	0	20777	0	179993	0	0
TIMOTHY MARX
0	213852	0	0	0	0	0	7193	0	9247	0	230292	0	0
EDUARDO RONQUILLO
0	134719	0	0	0	0	0	0	0	15915	0	150634	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
POLICIES	FORM 990, PART VI, SECTION B	Line 11 - The 990 preparation process is discussed with the CGC audit committee at the time that the annual audited financial statements are presented to the board by our independent auditors, Grant Thornton. All 990's are prepared by the CGC finance department and reviewed by a tax partner at Grant Thornton. The 990's must agree to the audited financial statements. Drafts are submitted to CGC's CFO for review, after which final returns are produced. The 990's are reviewed by the Chair of the Audit Committee, along with CGC's CFO and Executive Director. Final returns are authorized and filed by the CFO. All 990's are posted to a secure web site, with limited access for CGC Board Members only. An email is sent to all board members to inform them when the returns are available for review. The Grant Thornton tax partner will make a summary presentation of the 990's to the entire board at the December board meeting.
POLICIES	FORM 990, PART VI, SECTION B	LINE 12 - Conflict of Interest: All board members and senior management of CGC are required to sign a conflict of interest policy statement at the start of their service. The conflict of interest policy is monitored and enforced by the CFO. Cash Disbursements: The organization's accounts payable processes requires all disbursement vouchers have the signatures of the department supervisor and a finance department manager. All checks are manually signed by the controller, and checks over $10,000 are signed by both the controller and CFO. We believe that these levels of review and approval are adequate to monitor compliance with the conflict policy. LINE 15 - The organization does not compensate any of the individuals reported in Part VII of the Form 990; all compensation is paid by a related organization, Common Ground Management Corporation. The processes for determining the compensation of those individuals is reported on that organization's annual Form 990.
DISCLOSURE	FORM 990, PART VI, SECTION C	LINE 19 - CGC makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. CGC's governing documents, conflict statement, financial statements and annual audit are available upon request. A summary of the annual financial statements are published as part of the organization's annual report, which is both printed and available via the public web site at www.commonground.org.
Functional Expenses	Part IX, line 7	The organization does not pay any employees directly. (Please refer to Part V, Line 2a where 0 is reported for the number of employees reported on Form W-3). All salary expenses reported on Line 7 of Part VIII of the Form 990 represent an allocation of salary expense from an affiliated organization, Common Ground Management Corporation. The allocation is based on actual services rendered to the organization by employees that receive their physical W-2 from Common Ground Management, Inc. Centralizing the adminstrative tasks in one entity allows the remainder of the Common Ground entities to focus on their mission of providing low income housing. Accordingly, for Part IX purposes, Common Ground IV does not have significant administrative expenditures to report on part IX of the Form 990.
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:douglas lasdon TITLE:CHAIRMAN HOURS:1
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:anthony hannigan TITLE:secretary HOURS:1
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:ROSANNE HAGGERTY TITLE:PRESIDENT HOURS:40
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:david beer TITLE:vice president HOURS:40
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:MICHAEL KURTZ TITLE:CHIEF FINANCIAL OFFICER HOURS:40
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:TIMOTHY MARX TITLE:EXECUTIVE DIRECTOR HOURS:40
HOURS DEVOTED FOR RELATED ORGANIZATION	FORM 990 PART VII	NAME:EDUARDO RONQUILLO TITLE:CONTROLLER HOURS:40

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (9 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1
Common Ground Ventures
505 8th Ave 15th Floor	NEW YORK	NY	10018	133705242	housing	NY	501(c)(3)	9	NA
Common Ground Community HDFC
505 8th Ave 15th Floor	NEW YORK	NY	10018	113048002	housing	NY	501(c)(3)	9	NA
Common Ground Community II HDFC
505 8th Ave 15th Floor	NEW YORK	NY	10018	133846708	housing	NY	501(c)(3)	7	NA
Common Ground Community III HDFC
505 8th Ave 15th Floor	NEW YORK	NY	10018	134138205	housing	NY	501(c)(3)	7	NA
Common Ground Management Corp
505 8th Ave 15th Floor	NEW YORK	NY	10018	133871134	housing	NY	501(c)(3)	9	NA
Common Ground of RC Corp
505 8th Ave 15th Floor	NEW YORK	NY	10018	134074775	housing	NY	501(c)(3)	11e	NA
Common Ground Jobs Training Corp
505 8th Ave 15th Floor	NEW YORK	NY	10018	133705243	housing	NY	501(c)(3)	9	NA
St Mark's Brownsville Housing Dev Fund
505 8th Ave 15th Floor	NEW YORK	NY	10018	141971582	housing	NY	501(c)(3)	7	NA
Brook Avenue HDFC
505 8th Ave 15th Floor	NEW YORK	NY	10018	412217113	housing	NY	501(c)(3)	9	NA

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	true	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	true	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	true	OtherTransferToOtherOrg
Other Transfer From Other Org	true	OtherTransferFromOtherOrg