Cause IQ organization profile

Mount Carmel Senior HDFC

Mount Carmel Senior HDFC is a retirement home based in Brooklyn, NY that was founded in 2001. As of 2019 they had $787,944 in revenue and $5.5 million in assets.They are a child organization of United States Conference of Catholic Bishops (USCCB).

To provide safe and affordable housing to elderly and disabled persons of low income. TO PROVIDE SAFE AND AFFORDABLE HOUSING to elderly and disabled persons OF LOW INCOME.

Previous legal names or variations of their name include: Mount Carmel Senior Housing Development Fund Corporation.

EIN:

11-3589144

City:

Brooklyn

State:

New York

Metro:

New York-Newark-Jersey City, NY-NJ-PA

Website:

ccbq.org

Founded:

2001

Type:

501(c)(3)

NTEE:

L22: Retirement homes and senior housing programs

Revenue:

$787,944

Assets:

$5,568,309

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at Mount Carmel Senior HDFC

Owns and operates a 68 unit housing project under hud section 202of the national housing act for elderly and disabled persons oflow income.

Form 990s for Mount Carmel Senior HDFC

Fiscal year ending	Date received by IRS	Form	PDF link
2019-06	Jan 28, 2020	990	View PDF
2018-06	Jun 19, 2019	990	View PDF
2017-06	Nov 15, 2018	990	View PDF
2016-06	Oct 3, 2017	990	View PDF
2015-06	Mar 4, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for Mount Carmel Senior HDFC

Field	2019	2018
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2019	2018	% Change
Total grants, contributions, etc.	$0	$0
Program services	$783,997	$775,710	1.1%
Investment income and dividends	$663	$782	-15.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$3,284	$3,184	3.1%
Total revenues	$787,944	$779,676	1.1%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$0	$0
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$104,362	$123,198	-15.3%
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$28,155	$32,031	-12.1%
Payroll taxes	$7,949	$9,382	-15.3%
Management fees	$74,688	$73,941	1.0%
Legal fees	$0	$147	-100%
Accounting fees	$15,825	$15,825
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$0	$314	-100%
Advertising and promotion	$0	$306	-100%
Office expenses	$6,682	$10,087	-33.8%
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$236,247	$234,011	1.0%
Travel	$0	$0
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$219,876	$198,160	11.0%
Insurance	$66,394	$60,472	9.8%
All other expenses	$202,992	$228,878	-11.3%
Total expenses	$963,170	$986,752	-2.4%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$38,781	$4,308	800.2%
Savings, short-term investments, etc.	$397,906	$366,199	8.7%
Pledges and grants receivable	$0	$0
Accounts receivable	$4,507	$3,598	25.3%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$62,232	$56,013	11.1%
Buildings, equipment, etc. post-depreciation	$5,047,695	$5,263,646	-4.1%
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$17,188	$16,873	1.9%
Total assets	$5,568,309	$5,710,637	-2.5%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$126,905	$96,087	32.1%
Grants payable	$0	$0
Deferred revenue	$4,154	$0	999%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$8,153,400	$8,153,400
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$53,814	$55,888	-3.7%
Total liabilities	$8,338,273	$8,305,375	0.4%

Field	2019	2018	% Change
Unrestricted net assets	$-2,769,964	$-2,594,738	-6.8%
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Mount Carmel Senior HDFC

Vendor	Services	Date
BDO USA LLP	Audit accounting	2020-10-22
███████████ ███	Tax accounting	2019-10-24
█████████	Content management system software	2019-10-05

Personnel at Mount Carmel Senior HDFC

Name	Title	Compensation	Most recent data
Msgr Alfred P Lopinto	Chief Executive Officer	$0	June 30, 2018
Alan Wolinetz	Director and Chief Financial Officer	$0	June 30, 2018
██████ ███████	Controller	-	Oct. 25, 2020
██████ █ ██████	President	$0	May 22, 2019
███████ ██████████	Secretary and Treasurer	$0	June 30, 2018

Peer retirement homes and senior housing programs

	Name	Type	Revenue	Location
1	Trinity Terrace	501(c)(3)	$651,952	Rockville, MD
2	Palmer Park Seniors Housing	501(c)(3)	$621,266	Rockville, MD
3	Cheval Court	501(c)(3)	$281,206	Rockville, MD
4	Seton Village	501(c)(3)	$1.4 million	Portland, ME
5	Victory Heights	501(c)(3)	$724,090	Rockville, MD
6	Andrew Kim House	501(c)(3)	$700,268	Rockville, MD
7	Presbyterian Housing Development Fund Corporation of Queens	501(c)(3)	$2.2 million	Long Island City, NY
8	Project Linkage HDFC	501(c)(3)	$1.0 million	New York, NY
9	East River North Housing Development Fund Company	501(c)(3)	$1.2 million	New York, NY
10	Lake Area Development Corporation	501(c)(3)	$536,001	Geneva, NY
11	Miller Road Housing Development Fund	501(c)(3)	$266,281	Syracuse, NY
12	Bellerose Senior Housing Development Fund Company	501(c)(3)	$790,812	Brooklyn, NY
13	St Luke Housing Development Fund Company	501(c)(3)	$965,208	Oswego, NY
14	CSC Housing Development Fund Company	501(c)(3)	$249,033	Watervliet, NY
15	Rotterdam Housing Development Fund Company	501(c)(3)	$254,621	Rotterdam, NY
16	Ludden Housing Development Fund Company	501(c)(3)	$473,288	Syracuse, NY
17	Monsignor Adamski Village Housing Development	501(c)(3)	$572,701	Syracuse, NY
18	Santa Maria Towers Housing Development Fund Company	501(c)(3)	$1.0 million	Buffalo, NY
19	East Greenbush Housing Development Fund Company	501(c)(3)	$499,675	Albany, NY
20	Halfmoon Housing Development Fund	501(c)(3)	$472,907	Clifton Park, NY
21	Our Mother of Good Counsel Housing Development Fund Company	501(c)(3)	$373,923	Buffalo, NY
22	Delatour Housing Development Fund Company	501(c)(3)	$315,190	Watervliet, NY
23	St Pius V Senior Housing Development Fund Corporation	501(c)(3)	$911,631	Brooklyn, NY
24	Saratoga Court	501(c)(3)	$443,796	Foster City, CA
25	Plum Creek Acres	501(c)(3)	$460,985	Oakmont, PA

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Cause IQ organization profile

Mount Carmel Senior HDFC

Program areas at Mount Carmel Senior HDFC

Form 990s for Mount Carmel Senior HDFC

Financials for Mount Carmel Senior HDFC

Vendors for Mount Carmel Senior HDFC

Personnel at Mount Carmel Senior HDFC

Peer retirement homes and senior housing programs

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