Cngcs Development Corporation FY2023 filing

Not tax-deductible

Hicksville, NYMutual-benefit / member-servingEIN 11-3365841

A title holding corporation that helps provide housing opportunities for those affected by mental illness, psychological difficulties, addiction and dependency problems.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $123K a year · 2350% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
42 mo
of spending, in cash
Looks good: 42.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$610K
62% of total assets
Fine: liabilities are 62% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Spent
$48K
To programs
100%
Net assets
$377K
By yearFY2020–FY2024
Revenue
$0
FY2023
Revenue by fiscal year
FY2020$0
FY2021$26K
FY2022$0
FY2023$0
FY2024$0
Expenses
$48K
FY2023▲ +4%
Expenses by fiscal year
FY2020$281K
FY2021$219K
FY2022$46K
FY2023$48K
FY2024$50K
Net assets
$377K
FY2023▼ -11%
Net assets by fiscal year
FY2020$284K
FY2021$91K
FY2022$425K
FY2023$377K
FY2024$327K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $48K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cngcs Development Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides housing opportunities for individuals facing mental illness, psychological difficulties, or addiction.

Provided by the organization

This section is blank until Cngcs Development Corporation claims this page.

Know this organization? Claim it to add your story

1 program service account for $48K of program spending, described in the organization's own filed words · FY2023.
01

CNGCS development corporation is a title holding corporation that helps provide housing opportunities for those affected by mental illness, psychological difficulties, addiction & dependency problems.

$48Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$48K
Ln 25
Programscol B$48K
Owns and owesPt X
$377K
net assets · Ln 32
Cash and savingsLn 1–2$169K
Total assetsLn 16$987K
LiabilitiesLn 26$610K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gains on assetsLn 7$0
Total revenueLn 12$0
Assets in detailPt X, end of year
CashLn 1$169K
SavingsLn 2$0
Cash and savings togetherLn 1–2$169K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$818K
Other assetsLn 15$0
Total assetsLn 16$987K
LiabilitiesLn 26$610K
Net assetsLn 32$377K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$169K$169K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$856K$818K
Total assetsLn 16$1.0M$987K
LiabilitiesLn 26$600K$610K
Net assetsLn 32$425K$377K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$48K$48K
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$48K$48K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$50K−$50K$327K 990 PDF
FY2023 Viewing $0$48K−$48K$377K 990 PDF
FY2022 $0$46K−$46K$425K 990 PDF
FY2021 $26K$219K−$193K$91K 990 PDF
FY2020 $0$281K−$281K$284K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $0 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$0
Part IX · Statement of functional expenses $47,957 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $47,957$47,957
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $47,957 · Management $0 · Fundraising $0$47,957
Part X · Balance sheet $986,947 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $169,399$169,399
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $856,005$817,548
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,025,404$986,947
X-25 Other liabilitiesStart of year $600,389$609,889
X-26 Total liabilitiesStart of year $600,389$609,889
X-27 Net assets without donor restrictionsStart of year $425,015$377,058
X-32 Total net assets or fund balancesStart of year $425,015$377,058
X-33 Total liabilities and net assetsStart of year $1,025,404$986,947
Part XI · Reconciliation of net assets $377,058 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$47,957
XI-3 Revenue less expenses−$47,957
XI-4 Net assets at start of year$425,015
XI-10 Net assets at end of year$377,058

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.