Totals
- Total revenue
- $1,203,216
- Total expenses
- $1,606,014
- Contributions and grants received
- $894,252
- Grants paid
- $0
- Program service revenue
- $184,089
- Investment income
- $0
- Other revenue
- $124,875
- Total assets, end of year
- $6,868,128
- Total liabilities, end of year
- $228,733
- Net assets or fund balances, end of year
- $6,639,395
- Program services expenses (Part IX)
- $1,241,766
- Management and general expenses
- $177,915
- Fundraising expenses
- $186,333
- Program service expenses (Part III)
- $1,241,766
Program services were 77.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$95,750
-
1f · All other contributions, gifts and grants
$798,502
-
2a · Program service revenue: Partnership Admin Fees
total $69,302 · related or exempt $69,302
-
2b · Program service revenue: Social Service Fees
total $114,787 · related or exempt $114,787
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Income from INVESTMENT in aff.
total $121,657 · related or exempt $121,657
-
11b · Other revenue: Other income
total $3,218 · related or exempt $3,218
-
11e · Other revenue, total
$124,875
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $267,608 · program services $200,706 · management and general $40,141 · fundraising $26,761
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $316,268 · program services $237,201 · management and general $47,440 · fundraising $31,627
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $50,130 · program services $37,598 · management and general $7,520 · fundraising $5,012
-
10 · Payroll taxes
total $42,166 · program services $31,624 · management and general $6,325 · fundraising $4,217
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $18,000 · program services $18,000
-
11c · Fees: accounting
total $42,287 · management and general $42,287
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $758,362 · program services $629,441 · management and general $19,385 · fundraising $109,536
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $11,646 · program services $8,734 · management and general $1,747 · fundraising $1,165
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $7,998 · program services $5,999 · management and general $1,200 · fundraising $799
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $5,815 · program services $4,362 · management and general $291 · fundraising $1,162
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $5,089 · program services $3,816 · management and general $763 · fundraising $510
-
23 · Insurance
total $6,548 · program services $4,911 · management and general $982 · fundraising $655
-
24a · Other expenses: Bad debt
total $17,077 · program services $17,077
-
24b · Other expenses: Cost of community function
total $15,967 · program services $15,967
-
24c · Other expenses: Telephone
total $14,430 · program services $10,823 · management and general $2,165 · fundraising $1,442
-
24d · Other expenses: COMPUTER
total $13,800 · program services $10,350 · management and general $690 · fundraising $2,760
-
24e · All other expenses
total $12,823 · program services $5,157 · management and general $6,979 · fundraising $687
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,639,796 · end of year $2,728,084
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $280,341 · end of year $152,046
-
4 · Accounts receivable
beginning of year $1,912,874 · end of year $1,938,330
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $6,263 · end of year $1,702
-
10a · Land, buildings and equipment: cost or other basis
$580,926
-
10b · Land, buildings and equipment: accumulated depreciation
$575,275
-
10c · Land, buildings and equipment, net
beginning of year $7,627 · end of year $5,651
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
beginning of year $1,346,496 · end of year $1,356,069
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $530,841 · end of year $686,246
-
17 · Accounts payable and accrued expenses
beginning of year $233,945 · end of year $228,733
-
27 · Net assets without donor restrictions
beginning of year $6,434,538 · end of year $6,164,853
-
28 · Net assets with donor restrictions
beginning of year $55,755 · end of year $474,542
Mission and programs · 2022
Mission
We-Stay Nos Quedamos Inc. (WSNQ) is a coalition of residents and business persons who have remained part of the Melrose Commons community and become equal partners with the City of New York in the areas redevelopment. WSNQ's intention is to guide the process of change, progress, and implementation of the housing and urban development goals we defined in the Melrose Commons Urban Renewal Plan. WSNQ views the urban renewal process as not only encompassing physical regeneration, but also addressing socio-economic and environmental conditions in the area. WSNQ's goal is to develop an economically productive, sustainable, and healthy community. This vision is one that respects, supports and involves the existing community in the formulation of plans and policies that address the issues of housing, open space, community renewal and its sustainability. This is vital for the continued growth of Melrose Commons, the Bronx and its role in the regional economy which fosters cohesion, growth, and
Activities or mission (Part I)
This NYC based NPO and community development corporation is comprised of NYC South Bronx residents, homeowners and business owners, who are promoting,supporting and advancing ideas of healthy and sustainable growth for local communities and the larger society.
-
Community Development and Social Services - PROVIDE EDUCATION OF FINANCIAL ISSUES to COMMUNITY MEMBERS. SUPPORTs THE EXISTING COMMUNITY THROUGH THE TRAINING OF YOUNG PEOPLE TO BECOME PRODUCTIVE ARTISANS AND CITIZENS. The organization also provides, RECREATIONAL AND COMMERCIAL OPPORTUNITIES THAT ARE CURRENTLY NOT AVAILABLE AND TO REINFORCE THOSE opportunities THAT CURRENTLY EXIST THAT ARE DESIRABLE to the community.
Expenses $1,147,577 · Revenue $184,089
-
Affordable Housing Development - FOSTER COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING, INCLUDING OWNERSHIP, CONSTRUCTION, REHABILITATION, LEASING, MANAGEMENT, EQUIPPING, MAINTENANCE, DEVELOPMENT AND OPERATION OF HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME AND THE NEEDY.
Expenses $94,189
As filed on the 2022 return.
Listed in Part VII
-
Jessica ClementeJESSICA CLEMENTE
CEO/President
- Total calculated
- $151,133
- From this org
- $111,585
- From related orgs
- $0
- Other
- $39,548
- Hours/week
- 40 + 0.25 related
Schedule J breakdown matched by us
- Base
- $111,585
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $39,548
- Filer's total
- $151,133
-
Norma Segura
Finance dir.
- Total calculated
- $116,474
- From this org
- $99,259
- From related orgs
- $0
- Other
- $17,215
- Hours/week
- 40
-
Wanda SalamanWANDA SALAMAN
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
Javier Lopez
Director
- Total calculated
- $0
- Hours/week
- 2
-
Alexander CruzALEXANDER CRUZ
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Lydia Sierra
Director
- Total calculated
- $0
- Hours/week
- 2
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
NQ DEVELOPMENTLLC DOS ID 3081131
REAL ESTATE DEVELOPMENT · NY · assets $7,572
Directly controlled by WE STAY NOS QUEDAMOSINC
-
NQ MELROSE SITE A LLC
REAL ESTATE · NY · income -$2,450 · assets $188,106
Directly controlled by WE STAY NOS QUEDAMOS INC
-
NQ MELROSE SITE C LLC
REAL ESTATE · NY · income -$264 · assets $75,123
Directly controlled by WE STAY NOS QUEDAMOS INC
-
NQ MELROSE SITE C-2 LLC
REAL ESTATE · NY · income $3,144 · assets $31,523
Directly controlled by WE STAY NOS QUEDAMOS INC
-
NQ Melrose Site C-1 LLC
REAL ESTATE · NY · income $33,922
Directly controlled by WE STAY NOS QUEDAMOS INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CAULDWELL AVENUE ASSOCIATE LP
REAL ESTATE · NY
Directly controlled by CAULDWLL AV MGT CORP
-
MELROSE MASTER LEASING LLC
REAL ESTATE · NY
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NQ MANAGEMENT INCDOS ID# 3269505
C CORP · LIH MANAGEMENT · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
BX PARKVIEW HDFC
C CORP · REAL ESTATE · NY · 100% owned · share of income -$328,055 · share of assets $1,415,837 · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
ELTON PARKVIEW II HDFC
C CORP · REAL ESTATE · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
BX THIRD AVENUE HDFC
C CORP · REAL ESTATE · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
CAULDWELL AVE HDFCDOS3160805
C CORP · REAL ESTATE · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
CS MELROSE SITE D HDFC
C CORP · REAL ESTATE · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
EL JARDIN DE SELINE HDFC INC
C CORP · REAL ESTATE · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
CAULDWELL AVENUE MANAGEMENT CORP
C CORP · REAL ESTATE MGT · NY · 100% owned · controlled entity
Directly controlled by CAULDWELL AVE HDFC
-
CS MELROSE SITE B1 HDFC
C CORP · REAL ESTATE · NY · 100% owned · share of assets $305,256 · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
C CORP · REAL ESTATE · NY · 100% owned · share of assets $477,783 · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
922 WESTCHESTER AVENUE HDFC INC
C corp · REAL ESTATE · NY · 100% owned · controlled entity
Directly controlled by WE STAY NOS QUEDAMOS
-
PHOENIX ESTATES HDFC
C corp · REAL ESTATE · NY · 40% owned
-
Palacio HDFC
C corp · REAL ESTATE · NY · 100% owned · share of income -$303,088 · share of assets $31,707
Directly controlled by WE STAY NOS QUEDAMOS
-
La Arcilla HDFC
C corp · REAL ESTATE · NY · 100% owned
Directly controlled by WE STAY NOS QUEDAMOS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349319246
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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