Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa in Brooklyn, New York (NY)

Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa
Employer Identification Number (EIN)	113018126
Name of Organization	Crown Heights Residence For Adults Housing Development Fund Corp
Secondary Name	Bobby Simmons Cpa
Address	126 Albany Ave, Brooklyn, NY 11213-1293
Activities	Described in section 170(b)1)(a)(vi) of the Code, Low income housing, Housing for the aged (see also 153)
Subsection	Charitable Organization
Ruling Date	04/1994
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$500,000 to $999,999
Income	$500,000 to $999,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$867,800
Amount of Income	$675,440
Form 990 Revenue Amount	$675,440
National Taxonomy of Exempt Entities (NTEE)	Housing, Shelter: Housing Development, Construction, Management

Non-representatives - add comments:

Amount of income in 2013: $675,440 (it was $629,445 in 2012)

Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa:	$675,440
Other organizations performing similar types of work:	$141,278

Assets in 2013: $867,800 (it was $895,817 in 2012)

This organization:	$867,800
Other organizations performing similar types of work:	$740,093

Expenses in 2013: $695,949

Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa:	$695,949
Other organizations performing similar types of work:	$124,074

Income to expenses ratio in 2013: 1.0

This organization:	1.0
Other organizations performing similar types of work:	0.7

Grants share in income in 2013: 22.9%

This organization:	22.9%
Other organizations performing similar types of work:	3.7%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	Yes	Yes
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	Yes	No
Did the organization report an amount for other liabilities?	Yes	Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	Yes	Yes
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	No	No
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	No	No
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No
A family member of a current or former officer, director, trustee, or key employee?	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No
Was the organization related to any tax-exempt or taxable entity?	No	No
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	No	No
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2010	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		7	17	1
The number of Forms W-2G		0	0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		Yes	Yes	Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		14	17	0
Did the organization file all required federal employment tax returns?		No	Yes	No
Did the organization have unrelated business gross income of $1,000 or more during the year?	No	No	No	No
Has it filed a Form 990-T for this year?		No	No	No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No	No
Did the organization file Form 8886-T?		No	No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		No	No	No
Did the organization notify the donor of the value of the goods or services provided?		No	No	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No	No
Initiation fees and capital contributions	$0	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0	$0
Gross income from other sources	$0	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0	$0
The amount of reserves on hand		$0	$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No	No
Has it filed a Form 720 to report these payments?		No	No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$0	$0
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$0	$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization	0	0
Total number of independent contractors who received more than $100,000 of compensation from the organization	0	0

	2010	2011	2012	2013
Statement of Revenue
Total revenue	$526,837	$606,166	$629,445	$675,440
Contributions, Gifts, Grants and Other Similar Amounts	$366,003	$150,168	$130,438	$154,539
Program Service Revenue	$160,834	$455,940	$498,677	$520,901
Lessors of Residential Buildings and Dwellings		$455,940	$498,677	$520,901
All other program service revenue		$0	$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$0	$58	$330	$0
Income from investment of tax-exempt bond proceeds	$0	$0	$0	$0
Royalties	$0	$0	$0	$0
Net rental income	$0	$0	$0	$0
Net gain/loss from sales of assets other than inventory	$0	$0	$0	$0
Net income/loss from fundraising events	$0	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0	$0
Miscellaneous Revenue	$0	$0	$0	$0

	2010	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$670,570	$667,448	$697,006	$695,949
Grants and other assistance to domestic organizations and domestic governments		$0	$0	$0
Grants and other assistance to domestic individuals		$0	$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$0	$0
Benefits paid to or for members		$0	$0	$0
Compensation of current officers, directors, trustees, and key employees	$0	$0	$0	$0
Compensation not included above, to disqualified persons		$0	$0	$0
Other salaries and wages	$0	$257,976	$264,664	$252,775
Pension plan accruals and contributions		$0	$0	$0
Other employee benefits		$20,604	$22,141	$12,896
Payroll taxes	$22,799	$19,735	$21,797	$25,157
Fees for services (non-employees)
Management		$40,859	$39,894	$38,998
Legal		$16,539	$14,057	$8,541
Accounting		$15,000	$17,500	$17,950
Lobbying		$0	$0	$0
Professional fundraising services	$0	$0	$0	$0
Investment management fees		$0	$0	$0
Other		$5,056	$0	$0
Advertising and promotion		$0	$0	$0
Office expenses		$13,690	$30,240	$28,675
Information technology		$5,649	$0	$0
Royalties		$0	$0	$0
Occupancy		$140,208	$53,651	$76,951
Travel		$0	$0	$0
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0	$0
Conferences, conventions, and meetings		$0	$0	$0
Interest		$0	$0	$0
Payments to affiliates		$0	$0	$0
Depreciation, depletion, and amortization		$69,566	$89,867	$76,106
Insurance		$35,589	$25,499	$31,417
Other expenses		$11,245	$72,994	$109,967
Other expenses		$8,511	$25,912	$6,699
Other expenses		$7,221	$10,648	$5,660
Other expenses		$0	$8,142	$4,157

	2010	2011	2012	2013
Balance Sheet
Total assets	$1,127,604	$1,034,931	$895,817	$867,800
Cash - non-interest-bearing		$11,067	$6,494	$54,386
Savings and temporary cash investments		$0	$0	$0
Pledges and grants receivable, net		$32,070	$19,487	$22,341
Accounts receivable, net		$45,181	$14,298	$12,711
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$0	$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0	$0
Notes and loans receivable, net		$0	$0	$0
Inventories for sale or use		$0	$0	$0
Prepaid expenses and deferred charges		$9,927	$7,429	$4,449
Land, buildings, and equipment: cost or other basis		$926,714	$837,898	$763,815
Investments - publicly traded securities		$0	$0	$0
Investments - other securities		$0	$0	$0
Investments - program-related		$0	$0	$0
Intangible assets		$0	$0	$0
Other assets		$9,972	$10,211	$10,098
Total liabilities	$2,293,710	$2,262,319	$2,190,767	$2,183,259
Accounts payable and accrued expenses		$43,616	$28,492	$47,518
Grants payable		$0	$0	$0
Deferred revenue		$79,556	$35,393	$1,896
Tax-exempt bond liabilities	$0	$0	$0	$0
Escrow or custodial account liability		$0	$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0	$0
Secured mortgages and notes payable to unrelated third parties	$2,118,700	$2,118,700	$2,118,700	$2,118,700
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$20,447	$8,182	$15,145
Total net assets or fund balances	$-1,166,106	$-1,227,388	$-1,294,950	$-1,315,459
Unrestricted net assets		$-1,227,388	$-1,294,950	$-1,315,459
Temporarily restricted net assets		$0	$0	$0
Permanently restricted net assets		$0	$0	$0
Capital stock or trust principal, or current funds		$0	$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0	$0

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
Public support	$2,972,307
Subtotal	$2,972,307
Gifts, grants, contributions, and membership fees received	$1,185,910
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	$1,786,397
Gross receipts from activities that are not an unrelated trade or business under section 513	$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
Less	$0
Amounts received from disqualified persons	$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support	$0
Total support	$2,975,900
Public support	$2,972,307
Subtotal	$776
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$776
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income	$2,817

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa to others? (optional)

Yes

Add photo of Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.137.181.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Grace Fellowship Ministries Inc in Brooklyn, NY
Triune Mystical Order Of St Gabriel Sprititual Church Inc in Brooklyn, NY
Keren Zichron Aryeh Leib, Dba Samchainu in Brooklyn, NY
Catholic Daughters Of The Americas in Brooklyn, NY
Families Fathers & Children Inc in Brooklyn, NY
Daniel Church Of God In Christ Inc in Brooklyn, NY
Shannon T Braithwaite in Brooklyn, NY
Magen Avrohom Foundation in Brooklyn, NY
Moore 4 You Community Development Corporation in Brooklyn, NY
Matt Talbot Retreat Movement Inc Group 74, Matt Talbot Retreat Movement in Brooklyn, NY

Recently Added Reviews

Grace Fellowship Ministries Inc in Brooklyn, NY

Triune Mystical Order Of St Gabriel Sprititual Church Inc in Brooklyn, NY

Keren Zichron Aryeh Leib, Dba Samchainu in Brooklyn, NY

Catholic Daughters Of The Americas in Brooklyn, NY

Families Fathers & Children Inc in Brooklyn, NY

Daniel Church Of God In Christ Inc in Brooklyn, NY

Shannon T Braithwaite in Brooklyn, NY

Magen Avrohom Foundation in Brooklyn, NY

Moore 4 You Community Development Corporation in Brooklyn, NY

Matt Talbot Retreat Movement Inc Group 74, Matt Talbot Retreat Movement in Brooklyn, NY

Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Vf Affordable Housing Inc	448 Depot St Ne, Christiansbrg, VA 24073-2050	VA	2000-11	$716,864
2	Vine Street Manor Housing Corp	2300 Flora, Kansas City, MO 64108	MO	2004-03	$366,819
3	Restoring Urban Neighborhoods Llc	150 Broadway Ste 2101, New York, NY 10038-4381	NY	2009-10	$14,900,905
4	Phipps Affordable Housing Support Corp	902 Broadway - 13 Fl, New York, NY 10010	NY	2011-11	$9,986,359
5	Shu Hab Housing Development Fund Corporation	8714 116th St, Richmond Hill, NY 11418-2426	NY	2002-08	$9,492,810
6	1991 Bathgate Housing Development Fund Corporation	1910 Arthur Avenue, Bronx, NY 10457	NY	2012-02	$5,663,050
7	Henry Phipps Plaza North Housing Development Fund Corporation	902 Broadway, New York, NY 10010	NY	2011-04	$4,312,549
8	Washington House Housing Development Fund Corporation	5 West Main Street, Elmsford, NY 10523-2416	NY	1998-03	$3,634,096
9	Reclaim Housing Development Fund Corporation	2751 Grand Concourse, Bronx, NY 10468-3001	NY	2014-07	$2,920,017
10	Vincent Properties Inc	1931 Buffalo Rd, Rochester, NY 14624-1535	NY	2012-04	$2,736,596
11	Walker Street Chung Pak Local Development	150 Elizabeth St, New York, NY 10012-4603	NY	2007-09	$2,031,732
12	Eihab Human Services New Jersey Inc	168-18 South Conduit Avenue, Springfield Gardens, NY 11434	NY	2012-05	$1,996,576
13	Habitat For Humanity Bed-Stuy Homes Iv Housing Development Fund Corp	111 John St Fl 23, New York, NY 10038-3109	NY	2014-04	$1,780,789
14	Sbc Nehemiah Housing Development Fund Corporation	230 Alexander Ave, Bronx, NY 10454-3800	NY	1999-12	$1,371,094
15	Mins Court Housing Company Inc	300 E 175th St, Bronx, NY 10457-5804	NY	2014-08	$1,363,042
16	Habitat For Humanity Bed-Stuy Homes Iii Housing Development Fund Corp	111 John St Fl 23, New York, NY 10038-3109	NY	2014-01	$1,289,162
17	United Cerebral Palsy Housing Development Fund Corporation	4546 11th St, Long Is City, NY 11101-5207	NY	1980-01	$1,095,616
18	Wallkill Senior Housing Development Fund Company Inc	35 Senior Way, Middletown, NY 10940-2954	NY	1996-12	$1,036,413
19	Moffat Gardens Alp Inc	22 Moffat Street, Brooklyn, NY 11207	NY	2012-09	$1,023,606
20	Coram Center For Developmentally Disabled Adults Inc	1455 Veterans Memorial Highway, Hauppauge, NY 11749-4836	NY	2013-11	$964,552

Number of organizations performing similar types of work

Alaska	15
Alabama	79
Arkansas	52
Arizona	71
California	590
Colorado	62
Connecticut	70
District of Columbia	39
Delaware	21
Florida	278
Georgia	199
Hawaii	37
Iowa	49
Idaho	18
Illinois	189
Indiana	97
Kansas	30
Kentucky	63
Louisiana	165
Massachusetts	149
Maryland	116
Maine	37
Michigan	201
Minnesota	80
Missouri	91
Mississippi	47

Montana	28
North Carolina	133
North Dakota	11
Nebraska	34
New Hampshire	15
New Jersey	159
New Mexico	19
Nevada	27
New York	431
Ohio	189
Oklahoma	55
Oregon	47
Pennsylvania	186
Rhode Island	30
South Carolina	70
South Dakota	22
Tennessee	105
Texas	313
Utah	33
Virginia	114
Vermont	10
Washington	71
Wisconsin	64
West Virginia	23
Wyoming	10
International	36

Total

5,080

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa and has no official or unofficial affiliation with Crown Heights Residence For Adults Housing Development Fund Corp, Bobby Simmons Cpa