2024-11-08T11:20:48-05:00 2023-12-31 A GARY AARONSON CPA PLLC 42 WEST 38TH STREET SUITE 1003 NEW YORK NY 100180060 990 2023-01-01 133975116 FILOMENA GARDENS HOUSING DEVELOPMENT FUND COMPANY INC FILO 3477262547 429 BRUCKNER BLVD2ND FLOOR BRONX NY 10455 SALVATORE GIGANTE VICE PRESIDENT 7186172800 2024-10-19 false A GARY AARONSON P01327657 2126845770 2024-11-07 X 2023 2024-10-15 13:58:12Z SALVATORE GIGANTE 810846 false X WWW.SEBCODEVELOPMENT.ORG X 1997 NY PROVIDE AFFORADABLE HOUSING FOR THE ELDERLY AND HANDICAPPED UNER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959. 3 2 3 0 0 808700 803495 4056 7351 0 812756 810846 0 0 169957 68237 0 0 1126318 1107367 1296275 1175604 -483519 -364758 4302292 4185499 8373713 8621678 -4071421 -4436179 PROVIDE HOUSING FOR THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT IN THE SOUTH BRONX AREA OF NEW YORK CITY. false false 1124358 803495 PROVIDE HOUSING FOR THE ELDERY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT. 1124358 true false false false false false false false true false true false false true true false true false false false false false false false false false false false false true false false false false false false false true false false false false false true false false false true 9 0 true 3 true false false false false false false false false false false false false false false false false false X 3 2 false true false false true true false true true false false true true true true true false false false false NY X THE WAVECREST MANAGEMENT TEAM LTD 7184631200 87-14 116TH STREET RICHMOND HILL NY 11418 ENRICO BOCCIA CHAIR 0.05 0.80 X X 0 0 0 EVELYN VELAZQUEZ TREASURER/SE 0.05 0.80 X X 0 0 0 SALVATORE GIGANTE VICE PRESIDE 0.30 40.00 X X 0 251995 0 SONAL SHAH CONTROLLER 0.00 35.00 X 0 139248 0 391243 false true false RENTAL INCOME 531110 803495 803495 803495 7351 7351 810846 810846 42501 42501 20696 20696 5040 5040 34596 34596 4386 4386 16650 16650 3134 3134 14353 14353 245705 245705 97001 97001 SECURITY 250123 250123 REPAIRS AND MAINTENANCE 163428 163428 REAL ESTATE TAXES 145783 145783 UTILITIES 113520 113520 18688 18688 1175604 1124358 51246 0 14329 120786 39478 50282 43051 55628 8102587 4736662 3611630 3365925 593804 592878 4302292 4185499 312092 528884 7745 1004 20776 19411 7646900 7646900 386200 425479 8373713 8621678 X -4071421 -4436179 -4071421 -4436179 4302292 4185499 -364758 X false true X true true true X 6560 9839 16399 860238 872664 877629 808700 803495 4222726 860238 879224 887468 808700 803495 4239125 4239125 5426 2970 1354 4056 7351 21157 5426 2970 1354 4056 7351 21157 865664 882194 888822 812756 810846 4260282 0.99500 0.99580 0.00000 0.00000 X false true X 234939 234939 7783184 4672479 3110705 84464 64183 20281 3365925 RESERVE FOR REPLACEMENT 440702 CONSTRUCTION IN PROGRESS 119750 TENANT SECURITY DEPOSIT 19411 SECURITY DEPOSITS 13015 592878 DUE TO AFFILIATE 386200 OTHER PAYABLE 39279 425479 810846 810846 810846 1175604 1175604 1175604 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO TENANTS ONCE TENANTS MOVED OUT OF THE APARTMENT. false false false false false false false false false SALVATORE GIGANTE VICE PRESIDENT 251995 251995 SENTRY SECURITY COMPANY INC OFFICER/DIRECTO 250123 SECURITY SERVICES false FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION OPERATES A HOUSING PROJECT FOR THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959. DURING 2023, A REAL ESTATE PROPERTY WAS CHANGED TO THE WAVECREST MANAGEMENT TEAM LTD. FORM 990, PAGE 6, PART VI, LINE 6 ORGANIZED WITH ONE MEMBER, SEBCO DEVELOPMENT, INC., A NOT FOR PROFIT IRC SECTION 501(C)(3) COMMUNITY BASED ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A SEBCO DEVELOPMENT, INC., THE SOLE MEMBER OF THE ORGANIZATION, HAS THE RIGHT TO APPOINT THE MEMBERS TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S 990 IS REVIEWED AND APPROVED BY CONTROLLER AND VICE PRESIDENT BEFORE IT IS FINALIZED AND FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICTS OF INTEREST POLICY IS ENFORCED PURSUANTS TO THE NEW YORK STATE NOT FOR PROFIT CORPORATION LAWS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS, WHICH ARE PUBLIC REOCRDS, ARE AVAIALBLE FROM THE NY SECRETARY OF STATE AND PROVIDE UPON REUQEST. SEBCO DEVELOPMENT INC 885 BRUCKNER BLVD BRONX NY 10459 132944013 DEVELOPMEN NY 501C3 7 N/A false false false false false true false false false false false false false false false false false false false false SEBCO DEVELOPMENT INC E 386200