2025-10-03T11:34:34-04:00 2024-12-31 MILLIGAN & COMPANY LLC 105 N 22ND ST FL 2 PHILADELPHIA PA 191031302 990 2024-01-01 854288954 EAST NEW YORK CLT INC EAST 6463355973 2966 FULTON STREET BROOKLYN NY 11208 BORIS SANTOS BOARD CHAIR 6463355973 2025-09-29 false JOHN MILLIGAN CPA P02155323 2154969100 2025-10-03 2024 2025-03-06 01:10:19Z BORIS SANTOS 2966 FULTON STREET BROOKLYN NY 11208 856757 false X WWW.EASTNEWYORKCLT.ORG X 2021 NY ENYCLT IS AN ORGANIZATION OF COMMUNITY LEADERS AND ACTIVISTS DEDICATED TO PRESERVING AFFORDABILITY FOR FUTURE GENERATIONS AND PROVIDING A VEHICLE TO CREATE GENERATIONAL WEALTH. ENYCLT SEEKS TO OWN LAND AND LEASE THE LAND TO THE OWNERS OF THE BUILDINGS AND OTHER USERS ON THE LAND. 6 6 0 0 1278757 577558 249838 6258 4584 23103 1283341 856757 0 0 0 0 2298 178107 653223 178107 653223 1105234 203534 1831578 3943125 624500 2532513 1207078 1410612 X ENYCLT IS AN ORGANIZATION OF COMMUNITY LEADERS AND ACTIVISTS DEDICATED TO PRESERVING AFFORDABILITY FOR FUTURE GENERATIONS AND PROVIDING A VEHICLE TO CREATE GENERATIONAL WEALTH. ENYCLT SEEKS TO OWN LAND AND LEASE THE LAND TO THE OWNERS OF THE BUILDINGS AND OTHER USERS ON THE LAND. true false 155717 ENYCLT'S PROGRAMMING AIMS TO PROTECT, STABILIZE, AND EXPAND THE STOCK OF AFFORDABLE HOMES, LOCALLY-OWNED SMALL BUSINESSES, AND GREEN SPACES IN EAST NEW YORK AND BROWNSVILLE, TO BENEFIT LOW TO MODERATE-INCOME BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC) RESIDENTS. THE ENYCLT WILL ACQUIRE LAND AND LEASE IT FOR DEVELOPMENTS/PROJECTS THAT WILL BENEFIT ALL RESIDENTS, SUCH AS AFFORDABLE HOUSING, GARDENS, COMMUNITY CENTERS, ETC. ENYCLT WILL ENSURE THAT THE COMMUNITY MAINTAINS CONTROL THROUGH ITS DEMOCRATICALLY ELECTED GOVERNING BOARD MADE UP OF LOCAL RESIDENTS. ENYCLT PURCHASED ITS FIRST PROPERTY IN EARLY 2024 AT 248 ARLINGTON AVENUE, AND FORMED 248 ARLINGTON AVENUE, LLC ("ARLINGTON"), TO HOLD THE PROPERTY. ENYCLT IS THE SOLE MEMBER OF ARLINGTON. COLLECTIVELY, ENYCLT AND ARLINGTON ARE REFERRED TO AS THE "ORGANIZATION." 406502 ARLINGTON'S PURPOSE IS TO HOLD THE 248 ARLINGTON PROPERTY ACQUIRED IN 2024. ARLINGTON'S ACTIVITY TO LEASE AND MAINTAIN THE PROPERTY, IS A NEW PROGRAM OF ENYCLT. THE PROPERTY WAS FULLY LEASED AT THE TIME OF PURCHASE. 562219 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false true true true true false false true 8 0 false 0 false false false false false false false false X 6 6 false false false false false false false true true false false true false false false false false false NY X BORIS SANTOS 6463355973 2966 FULTON STREET BROOKLYN NY 11208 X BORIS SANTOS BOARD CHAIR 5.00 X X 0 0 0 CHANEL HALIBURTON VICE PRESIDE 1.00 X X 0 0 0 JAKOB SCHNEIDER SECRETARY 2.00 X X 0 0 0 BRIANNA SOLEYN TREASURER 2.00 X X 0 0 0 MAYA EPHREM BOARD MEMBER 2.00 X 0 0 0 AMANDA TRAINOR BOARD MEMBER 2.00 X 0 0 0 false false false L&P CONSULTING 757 HART STREET 2R BROOKLYN NY 11237 CONSULTING 130000 1 577558 577558 RENTAL INCOME 249838 249838 249838 6258 6258 23103 23103 23103 856757 279199 X 54223 30026 24197 190695 190695 6532 683 5849 2961 1873 1088 73700 73700 68737 68737 30679 25251 5428 UTILITIES 58136 58136 REPAIRS AND MAINTENANCE 54976 54976 PROPERTY TAXES 46820 46619 201 BAD DEBT 38232 38232 27532 11523 13711 2298 653223 562219 88706 2298 1585654 617016 59953 100000 74000 28412 11000 29934 3216905 68737 3148168 19595 100971 1831578 3943125 13500 25846 530060 2157466 80940 349201 624500 2532513 X 1163563 1310612 43515 100000 1207078 1410612 1831578 3943125 203534 X false true X true false X 30420 94852 1278757 577558 1981587 30420 94852 1278757 577558 1981587 285705 1695882 4584 256096 260680 23103 23103 2265370 283783 X 0.74860 X PART II, LINE 10 23,103 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3216905 68737 3148168 3148168 UNAMORTIZED DISCOUNT 342534 INTEREST PAYABLE 6667 349201 X 1065301 208544 208544 856757 856757 861767 208544 208544 653223 653223 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ARLINGTON HAS ELECTED TO BE TREATED AS A DISREGARDED ENTITY. AS A RESULT, ARLINGTON WILL BE TREATED LIKE ITS PARENT, ENYCLT FOR FEDERAL INCOME TAX PURPOSES. NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. FORM 990 - ORGANIZATION'S MISSION ENYCLT IS AN ORGANIZATION OF COMMUNITY LEADERS AND ACTIVISTS DEDICATED TO PRESERVING AFFORDABILITY FOR FUTURE GENERATIONS AND PROVIDING A VEHICLE TO CREATE GENERATIONAL WEALTH. ENYCLT SEEKS TO OWN LAND AND LEASE THE LAND TO THE OWNERS OF THE BUILDINGS AND OTHER USERS ON THE LAND. FORM 990, PAGE 2, PART III, LINE 2 DUE TO THE PURCHASE OF 248 ARLINGTON AVENUE IN 2024, AND THE FINANCIALS OF ARLINGTON BEING CONSOLIDATED INTO ENYCLT, THIS ADDED A NEW PROGRAM THAT WAS NOT APPLICABLE IN 2023. FORM 990, PAGE 2, PART III, LINE 4A ENYCLT'S PROGRAMMING AIMS TO PROTECT, STABILIZE, AND EXPAND THE STOCK OF AFFORDABLE HOMES, LOCALLY-OWNED SMALL BUSINESSES, AND GREEN SPACES IN EAST NEW YORK AND BROWNSVILLE, TO BENEFIT LOW TO MODERATE-INCOME BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC) RESIDENTS. THE ENYCLT WILL ACQUIRE LAND AND LEASE IT FOR DEVELOPMENTS/PROJECTS THAT WILL BENEFIT ALL RESIDENTS, SUCH AS AFFORDABLE HOUSING, GARDENS, COMMUNITY CENTERS, ETC. ENYCLT WILL ENSURE THAT THE COMMUNITY MAINTAINS CONTROL THROUGH ITS DEMOCRATICALLY ELECTED GOVERNING BOARD MADE UP OF LOCAL RESIDENTS. ENYCLT PURCHASED ITS FIRST PROPERTY IN EARLY 2024 AT 248 ARLINGTON AVENUE, AND FORMED 248 ARLINGTON AVENUE, LLC ("ARLINGTON"), TO HOLD THE PROPERTY. ENYCLT IS THE SOLE MEMBER OF ARLINGTON. COLLECTIVELY, ENYCLT AND ARLINGTON ARE REFERRED TO AS THE "ORGANIZATION." FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 IS SHARED WITH THE BOARD OR SELECT MEMBERS BEFORE IT IS SUBMITTED. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G PROFESSIONAL FEES- OTHER 141,997 0 0 CONTRACT LABOR 48,698 0 0 TOTAL 190,695 0 0 248 ARLINGTON AVENUE LLC 248 ARLINGTON AVENUE BROOKLYN NY 11208 RENTAL PRO NY 253624 3411993 ENYCLTINC 248 ARLINGTON AVENUE LLC 248 ARLINGTON AVENUE BROOKLYN NY 11208 RENTAL NY DISREG ENYCLT true false true false true false false false false false false false false false false false false false false false 248 ARLINGTON B 1771151 CASH 248 ARLINGTON D 1600000 TOTAL LOAN AMOUNT