Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
5 people listed on the 990.
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 affordable co-op housing and community facilities for members.
Questions for Sheraden Park Development INC
Your first name shows with your question. Sheraden Park Development INC answers here, for everyone.
The co-operative is funded by monthly carrying charges due on the first of the month by members of the cooperative corporation as defined in the occupancy agreement. Such charges are based on the size of the unit currently ranging from 488 to 536 monthly.
Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 25-1145815) · Dispute this lineIf a member desires to leave the project, he is to notify the co-op in writing and the co-op has a thirty day option to purchase the membership. In such case, the co-op will make necessary repairs and resell the membership.
Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 25-1145815) · Dispute this lineBy the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $308K | $326K |
| Land, buildings, equipmentLn 10c | $1.9M | $1.9M |
| Total assetsLn 16 | $2.2M | $2.2M |
| LiabilitiesLn 26 | $148K | $168K |
| Net assetsLn 32 | $2.0M | $2.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $166K | $165K | $1K | |
| Pension plan contributionsLn 8 | $4K | $4K | ||
| Other employee benefitsLn 9 | $19K | $19K | ||
| Payroll taxesLn 10 | $17K | $17K | ||
| Management feesLn 11a | $104K | $104K | ||
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Other fees for servicesLn 11g | $6K | $6K | ||
| Office expensesLn 13 | $28K | $13K | $15K | |
| OccupancyLn 16 | $645K | $639K | $6K | |
| InterestLn 20 | $2K | $2K | ||
| Depreciation, depletion and amortizationLn 22 | $125K | $125K | ||
| InsuranceLn 23 | $81K | $81K | ||
| Total functional expensesLn 25 | $1.2M | $1.1M | $136K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 14, 2025 | $1.3M | $1.1M | $236K | $2.4M | 990 PDF |
| FY2023Filed with the IRS Nov 15, 2024 | $1.3M | $1.2M | $111K | $2.2M | 990 PDF |
| FY2022Filed with the IRS Nov 14, 2023 | $1.2M | $1.2M | −$3K | $2.0M | 990 PDF |
| FY2021 ViewingFiled with the IRS Nov 15, 2022 | $1.2M | $1.2M | $25K | $2.1M | 990 PDF |
| FY2020Filed with the IRS Nov 15, 2021 | $1.2M | $1.1M | $40K | $2.0M | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $1,226,582 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 4 to look at
Part VIII · Statement of revenue $1,226,582 across 4 lines filed
Part IX · Statement of functional expenses $1,201,628 across 13 lines filed
Part X · Balance sheet $2,224,932 assets, 14 lines filed
Part XI · Reconciliation of net assets $2,057,334 net assets at year end
Form 990 e-file (XML) FY2021 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.