COOPER SQUARE HOUSING DEVELOPMENT FUND CO INC Charity Report

Tax-exempt status may be revoked

COOPER SQUARE HOUSING DEVELOPMENT FUND CO INC

EIN 13-3173690 · Housing Development, Construction, Management

What they do

AS PART of THE JASAS COMPREHENSIVE NETWORK of SERVICES for OLDER ADULTS, COOPER SQUARE HOUSING DEVELOPMENT FUND PROVIDES AFFORDABLE HOUSING and SOCIAL SERVICES to LOW INCOME OLDER ADULTS LIVING INDEPENDENTLY.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.28%of revenue went to mission work91.2% of expenses · Program services

$93.46spent for every $100 of revenueRevenue covered expenses this year.

8.19%of revenue went to management and office costs8.8% of expenses

$2.21in assets for every $1 spent this yearSome assets cannot be spent right away.

3.2%of its money came from giftsOther money may come from services or investments.

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Pay context: The highest compensation shown in this filing is $25,421 for KATHRYN HASLANGER (CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,688,694

Mission workProgram services$2,292,80885.28% of revenue91.2% of expenses

ManagementOffice and general costs$220,0908.19% of revenue8.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$175,7966.54% of revenueShown in gray on the chart

Total expenses$2,512,89893.46% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2017CurrentExpense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 93.46% of revenue

2016Expense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 91.70% of revenue

2015Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 86.10% of revenue

Money in and money out

Revenue$2,688,694

Expenses$2,512,898

Annual surplus $175,796 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,292,808 · 91.2% of expenses

Management and office costs$220,090 · 8.8% of expenses

See all reported dollar amounts

Revenue$2,688,694

Expenses$2,512,898

Assets$5,558,601

Income$2,688,694

Contributions$86,274

Mission work (program services)$2,292,808

Management and general$220,090

Accounting fees$50,583

People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KATHRYN HASLANGERCEO · 1 hrs/week $25,421Base · Other $25,421

HEIDI ARONINCAO TO 10/18/17 · 1 hrs/week $20,954Base · Other $20,954

ALAN COHENTREASURER · 1 hrs/week $13,005Base · Other $13,005

DONALD MANNINGAVP, ASST TREASURER, ASST SECRETARY · 1 hrs/week $7,002Base · Other $7,002

RINKU BHATTACHARYADIRECTOR OF FINANCE · 1 hrs/week $6,385Base · Other $6,385

SAVITA PANCHOOSINGHCONTROLLER - HOUSING TO 12/2017 · 1 hrs/week $2,017Base · Other $2,017

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

KATHRYN HASLANGERCEO

HEIDI ARONINCAO TO 10/18/17

ALAN COHENTREASURER

DONALD MANNINGAVP, ASST TREASURER, ASST SECRETARY

RINKU BHATTACHARYADIRECTOR OF FINANCE

SAVITA PANCHOOSINGHCONTROLLER - HOUSING TO 12/2017

MARTIN SIROKAPRESIDENT

About this charity

Location: 247 WEST 37TH STREET 9TH FLOOR, NEW YORK, NY 10018
County: New York
In care of: DONALD MANNING
Primary officer: DONALD MANNING, AVP, ASST TREAS,ASST SECRETARY

How to reach them

WebsiteVisit the charity’s website Emailhelp@jasa.org Phone(212) 273-5200

Filing and classification

Latest tax year: 2017
Tax period began: July 1, 2017
Return type: 990
Tax preparer: BAKER TILLY VIRCHOW KRAUSE LLP
IRS tax category: Housing Development, Construction, Management
Revocation date: November 15, 2021