S H Housing Development Fund Corp FY2020 filing

Supporting organization New York, NY EIN 13-2998607 NTEE L12
Revenue
$181K
FY2020 · Pt VIII · Ln 12
Expenses
$0
FY2020 · Pt IX · Ln 25
Net assets
$4.5M
FY2020 · Pt X · Ln 32
To programs
Not filed
Revenue & expenses by yearFY2020–FY2023
Revenue
$181K
FY2020
Expenses
$0
FY2020

Offers affordable housing for seniors with limited income.

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Tax-deductible?
Yes
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Last filed FY2022 — 4 yrs ago
Foundation funders?
Not on file
Spent on programs?
Not on file
Size and trend
$100K–1M

Form 990 for the fiscal year ending September 2020 (IRS tax year 2019).


Offers affordable housing for seniors with limited income.

Type
Supporting organization · Housing
Location
New York, NY
Filings
4 on file (2020–2020)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →
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Provided by the organization

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Net inflow
+100%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$4.5M
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19$181K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CS H Housing Development Fund Corp
EINHdr · item D13-2998607
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L12)
Ruling yearIRS BMFJul 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President/CEO/Director
$0Pt VII · Sec A
Asst. Secretary/Director
$0Pt VII · Sec A
Chairman/Director
$0Pt VII · Sec A
Vice President/Director
$0Pt VII · Sec A
Secretary/Treas./Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2019.
01

The organization is the holder of a promissory note from a related party. The funding was provided for the purpose of providing affordable housing to low income senior citizens.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue100%$181K
Total revenueLn 12$181K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$4.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.5M

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
—
Management & General
Management & general $0 · Total expenses $0
—
Fundraising
Fundraising $0 · Total expenses $0
—
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $181K
0%
Government reliance
Government grants — · Total revenue $181K
—
Earned-income share
Program service revenue $181K · Total revenue $181K
100%
Investment reliance
Investment income $0 · Total revenue $181K
0%
Program self-sufficiency
Program service revenue $181K · Total expenses $0
—
Growth & trend
Revenue growth (YoY)
This year $181K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $4.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $181K · Expenses $0
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
—
Net-asset ratio
Net assets $4.5M · Total assets $4.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stuart C Kaplan · Reported title PRESIDENT/CEO/DIRECTOR · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $3.6M · 2021–2021
Selfhelp Community Services INCNY · FY2021$3,632,271

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$0 revenue · ⤓ 990 PDF
FY2022$83K revenue · ⤓ 990 PDF
FY2021$167K revenue · ⤓ 990 PDF
FY2020$181K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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