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← 414-418 EAST 119TH STREET GREENHOPE HOUSING DEVELOPMENT FUND CORP

Form 990 for tax year 2022

Filed by 414-418 EAST 119TH STREET GREENHOPE HOUSING DEVELOPMENT FUND CORP.

Totals

Total revenue
$5,796
Total expenses
$554,836
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,796
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,813,181
Total liabilities, end of year
$2,969,042
Net assets or fund balances, end of year
-$1,155,861
Program services expenses (Part IX)
$554,122
Management and general expenses
$714
Fundraising expenses
$0
Program service expenses (Part III)
$554,122

Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RAUL RUSSI

    President Acacia Network

    Total calculated
    $935,391
    From this org
    $0
    From related orgs
    $861,432
    Other
    $73,959
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $650,518 related
    Bonus
    $0 + $210,914 related
    Other
    $0
    Deferred
    $0 + $21,750 related
    Nontaxable benefits
    $0 + $52,209 related
    Filer's total
    $0 + $935,391 related

  • LYMARIS ALBORS

    CEO Acacia Network

    Total calculated
    $795,306
    From this org
    $0
    From related orgs
    $748,860
    Other
    $46,446
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $656,410 related
    Bonus
    $0 + $92,450 related
    Other
    $0
    Deferred
    $0 + $21,006 related
    Nontaxable benefits
    $0 + $25,440 related
    Filer's total
    $0 + $795,306 related

  • JOSE A RODRIGUEZ

    CLO Acacia Network

    Total calculated
    $601,037
    From this org
    $0
    From related orgs
    $560,176
    Other
    $40,861
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $468,650 related
    Bonus
    $0 + $91,526 related
    Other
    $0
    Deferred
    $0 + $14,500 related
    Nontaxable benefits
    $0 + $26,361 related
    Filer's total
    $0 + $601,037 related

  • VICKY Gatell

    CFO Acacia Network

    Total calculated
    $473,732
    From this org
    $0
    From related orgs
    $432,484
    Other
    $41,248
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $362,134 related
    Bonus
    $0 + $70,350 related
    Other
    $0
    Deferred
    $0 + $14,500 related
    Nontaxable benefits
    $0 + $26,748 related
    Filer's total
    $0 + $473,732 related

  • Maria Del Carmen Arroy

    CAO Acacia Network

    Total calculated
    $455,701
    From this org
    $0
    From related orgs
    $414,259
    Other
    $41,442
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $377,109 related
    Bonus
    $0 + $37,150 related
    Other
    $0
    Deferred
    $0 + $14,500 related
    Nontaxable benefits
    $0 + $26,942 related
    Filer's total
    $0 + $455,701 related

  • Eliezer Rodriguez ESQ

    Chair

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Carmen S Melero

    Vice Chair

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Marybeth Hotaling

    Treasurer

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Arnie Segarra

    MEmber

    Total calculated
    $0
    Hours/week
    2 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3:
THE COMPENSATION OF THE EXECUTIVES IS APPROVED BY THE RELATED ORGANIZATION WHO HIRES A CONSULTANT TO CONDUCT A STUDY. A STANDING COMPENSATION COMMITTEE OF THE RELATED ORGANIZATION REVIEWS A COMPENSATION STUDY AND VOTES ON HOW TO PROCEED.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202421369349316112

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