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 270333073 FOX STREET HDFC FOXS 3477262547 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 SALVATORE GIGANTE VICE PRESIDENT 3477262547 2024-10-19 false A GARY AARONSON P01327657 2126845770 2024-11-08 X 2023 2024-10-15 13:58:12Z SALVATORE GIGANTE 411100 false X N/A X 2009 NY THE COMPANY OWNS AND OPERATES LOW INCOME HOUSING IN THE SOUTH BRONX IN ADDITION THE COMPANY PROVIDES SOCIAL SERVICES FOR THE TENANTS. 3 2 3 0 0 421752 404277 6110 6823 0 427862 411100 0 0 81391 63047 0 0 356096 395253 437487 458300 -9625 -47200 1768742 1791701 2487844 2558003 -719102 -766302 THE COMPANY OWNS AND OPERATES LOW INCOME HOUSING IN THE SOUTH BRONX IN ADDITION THE COMPANY PROVIDES SOCIAL SERVICES FOR THE TENANTS. false false 415746 THE COMPANY OWNS AND OPERATES LOW INCOME HOUSING IN THE SOUTH BRONX IN ADDITION THE COMPANY PROVIDES SOCIAL SERVICES FOR THE TENANTS. 415746 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 5 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 SEBCO DEVELOPMENT INC 3477262547 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 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 35.00 X 0 139248 0 391243 false true false RENTAL INCOME 531110 404277 404277 404277 6823 6823 411100 411100 55801 55801 7246 7246 30079 30079 35905 35905 12475 12475 488 488 22780 22780 55076 55076 32636 32636 UTILITIES 103957 103957 REPAIR 62568 62568 MISCELLANEOUS 12169 12169 BAD DEBT 10862 10862 16258 16258 458300 415746 42554 0 693521 731114 80010 94009 46340 41199 3710776 3070210 691287 640566 27259 22904 230325 261909 1768742 1791701 9099 47510 2378024 2378024 100721 132469 2487844 2558003 X -719102 -766302 -719102 -766302 1768742 1791701 -47200 X false true X true false X 3716 3716 389885 389798 404975 421752 404277 2010687 389885 389798 408691 421752 404277 2014403 2014403 6878 4664 2443 6110 6823 26918 6878 4664 2443 6110 6823 26918 396763 394462 411134 427862 411100 2041321 0.98680 0.98730 0.01000 0.01000 X false true X 1 1 3669475 3038072 631403 41300 32138 9162 640566 REPLACEMENT RESERVE 179424 TENANT SECURITY DEPOSIT 38413 OTHER RECEIVABLE 25107 ESCROW DEPOSIT 18965 261909 ACCRUED EXPENSE 89359 TENANT SECURITY DEPOSIT PAYABLE 38413 PREPAID REVENUE 2799 ACCRUED MORTGAGE INTEREST PAYABLE 1898 132469 411100 411100 411100 458300 458300 458300 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION HOLDS SECURITY DEPOSITS FROM TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE TENANTS MOVE 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 6319 SECURITY SERVICES false FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION OWNS APARTMENT BUILDINGS CONSTRUCTED AND MAINTAINED TO PROVIDE LOW INCOME HOUSING. DURING 2023, THE PROPERTY MANAGEMENT WAS CHANGED TO SEBCO DEVELOPMENT INC. 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 THE CONTROLLER AND VICE PRESIDENT BEFORE IT IS FINALIZED AND ISSUED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICTS OF INTEREST POLICY IS ENFORCED PURSUANT TO THE NEW YORK STATE NOT-FOR-PROFIT CORPORATION LAWS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS,WHICH ARE PUBLIC RECORDS, ARE AVAILABLE FROM THE NY SECRETARY OF STATE AND PROVIDE UPON REQUEST. SEBCO DEVELOPMENT INC 885 BRUCKNER BLVD BRONX NY 10459 132944013 DEVELOPMEN NY 501C3 7 NA false false false false false false false false false false false false false true false false false false false false