2025-01-18T09:39:56-05:00 2024-04-30 A GARY AARONSON CPA PLLC 42 WEST 38TH STREET SUITE 1003 NEW YORK NY 100180060 990 2023-05-01 132944013 SEBCO DEVELOPMENT INC SEBC 3477262547 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 SALVATORE GIGANTE CEO/DIRECTOR 7186172800 2025-01-06 true false A GARY AARONSON P01327657 2126845770 2025-01-18 X 2023 2024-10-15 13:58:12Z SALVATORE GIGANTE 2724695 false X WWW.SEBCODEVELOPMENT.ORG X 1978 NY SEBCO DEVELOPMENT, INC. IS A COMMUNITY BASED HOUSING DEVELOPMENT COMPANY LOCATED IN THE SOUTH BRONX OF NEW YORK CITY. IT HAS DEVELOPED MORE THAN 6,000 UNITS OF SUBSIDIZED HOUSING. IT CONTINUES TO DEVELOP HOUSING, AS WELL AS PROVIDING SOCIAL SERVICES, TRANSITIONAL HOUSING FOR THE HOMELESS AND MEALS FOR THE EDLERLY. 5 3 47 0 120727 148631 687871 712147 145324 178107 1707457 1685810 2661379 2724695 0 0 1172980 1357700 0 0 2363276 1800538 3536256 3158238 -874877 -433543 8303756 8745293 1061213 1936293 7242543 6809000 X SEBCO DEVELOPMENT INC. IS A NON PROFIT COMMUNITY BASED ORGANIZATION COMMITTED TO DEVELOPING AND MAINTAINING AFFORDABLE AND SAFE HOUSING IN THE CITY OF NEW YORK. SEBCO STRIVES TO CONTINUALLY PROVIDE WELL MAINTAINED, SECURE HOUSING ALONG WITH THE SUPPORTIVE SERVICES NEEDED TO IMPROVE THE QUALITY OF LIFE OF THE FAMILIES AND INDIVIDUALS WE SERVE IN OUR COMMUNITY. false false 1523253 HOUSING DEVELOPMENT FOR LOW INCOME, ELDERLY AND THE DISABLED. 712147 712147 ELDERLY NUTRITION PROGRAM UNDER CONTRACT WITH THE NEW YORK CITY DEPARTMENT FOR THE AGING. 129724 129724 SOCIAL SERVICES TO RESIDENTS OF THE HOUSING DEVELOPED BY THE ORGANIZATION TO STABILIZE THE NEIGHBORHOOD. 2365124 true false false false false false false false false false true true 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 false false false false false false true false false false true 15 0 true 47 true false false false false false false false false false false false false false false X 5 3 false false false false false false false true true false false true true true true true true true true false NY X SALVATORE GIGANTE 3477262547 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 ENRICO BOCCIA CHAIR X X 0 0 0 EVELYN VELAQUEZ TREASURER/SE X X 0 0 0 SALVATORE GIGANTE CEO/DIRECTOR 36.00 4.00 X X 158395 93600 0 VICTOR PAPA DIRECTOR X 0 0 0 JASON BOROFF DIRECTOR X 0 128697 0 VALERIE TORRES DIRECTOR X 0 0 0 SONAL SHAH CONTROLLER 30.00 5.00 X 139248 0 0 297643 222297 2 false true false 129724 18907 148631 NYC DEPARTMENT OF THE AGING 712147 712147 712147 178107 178107 FEES 1066910 1066910 OVERHEAD REIMBURSEMENT 614930 614930 OTHER INCOME 3970 3970 1685810 2724695 2576064 336724 259186 77538 810787 702694 108093 118073 106266 11807 92116 79638 12478 336424 336424 12150 12150 152516 152516 8870 2217 6653 105899 68834 37065 212518 138137 74381 91032 75026 16006 825 742 83 1960 1274 686 15050 8812 6238 ELDERLY NUTRITION PROGRAM 712147 712147 MISCELLANEOUS 60271 15068 45203 EQUIPMENT RENTAL 35004 8751 26253 PAYROLL PROCESSING 27007 21606 5401 28865 12210 16655 3158238 2365124 793114 0 633343 182935 896797 657933 224914 170362 135395 19771 18810 16800 1960 14840 493500 493500 5900036 7206913 8303756 8745293 428835 868527 138878 209993 493500 857773 1061213 1936293 X 7242543 6809000 7242543 6809000 8303756 8745293 -433543 X false true X true false X 167971 145223 193553 120727 148631 776105 167971 145223 193553 120727 148631 776105 139201 636904 127693 139315 123392 145324 178107 713831 1489936 2955981 0.42750 0.48790 X 16800 1960 14840 14840 MORTGAGE RECEIVABLE 493500 C 493500 OTHER RECEIVABLES 3263161 DEVELOPER'S FEE RECEIVABLE 2668911 ACCRUED INTEREST RECEIVABLE 598594 RIGHT OF USE ASSETS 353187 DUE FROM CROTONA BELMONT 258060 INITIAL MEMBER CONTRIBUTION 50000 SECURITY DEPOSIT 15000 7206913 MORTGAGE PAYABLE (CONTRA) 493500 LONG TERM LEASE OBLIGATION 284628 LEASE OBLIGATIONS 79645 857773 2724695 2724695 2724695 3158238 3158238 3158238 false false false false false false false false false SALVATORE GIGANTE CEO/DIRECTOR 158395 93600 158395 93600 FORM 990 - ORGANIZATION'S MISSION SEBCO DEVELOPMENT INC. IS A NON PROFIT COMMUNITY BASED ORGANIZATION COMMITTED TO DEVELOPING AND MAINTAINING AFFORDABLE AND SAFE HOUSING IN THE CITY OF NEW YORK. SEBCO STRIVES TO CONTINUALLY PROVIDE WELL MAINTAINED, SECURE HOUSING ALONG WITH THE SUPPORTIVE SERVICES NEEDED TO IMPROVE THE QUALITY OF LIFE OF THE FAMILIES AND INDIVIDUALS WE SERVE IN OUR COMMUNITY. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED AND APPROVED BY CONTROLLER AND CHIEF EXECUTIVE OFFICER BEFORE IT IS FINALIZED AND FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS ENFORCED PURSUANT TO THE NEW YORK STATE NOT FOR PROFIT CORPORATION LAWS. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF CEO IS APPROVED BY THE BOARD OF INDEPENDENT DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B THE SALARIES OF ALL OF THE OFFICERS AND SENIOR PERSONNEL ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST ERMA CAVA HDFC INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133073995 HOUSING NY 501 C NA false PIO MENDEZ HDFC INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133211951 HOUSING NY 501 C NA false EC HDFC INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133121459 HOUSING NY 501 C NA false SEBCOVIP HDFC INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133518596 HOUSING NY 501 C NA false SEBCO HDFC INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133180527 HOUSING NY 501 C NA false FILOMENA GARDENS HDFC INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133975116 HOUSING NY 501 C NA false 178TH STREET HDFC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133054220 HOUSING NY 501 C NA false 1215 SENECA AVENUE HOUSES INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133637044 HOUSING NY 501 C NA false ANTHONY HOE CORPORATION 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 271575830 HOUSING NY 501 C NA false FOX STREET HDFC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 270333073 HOUSING NY 501 C NA false TIMPSON HDFC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133614970 HOUSING NY 501 C NA false HUNTS POINT HDFC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133574304 HOUSING NY 501 C NA false 479 COURTLAND HDFC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 461021430 HOUSING NY 501 C NA false 288 WILLIS AVENUE HDFC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 461018717 HOUSING NY 501 C NA false TIFFANY GARDENS LP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 203056480 HOUSING NY N/A false false PIOVIP LP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 465360240 HOUSING NY N/A false false ROSINA ASSOCIATES LP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 134145490 HOUSING NY N/A false false WILLIS AVENUE ASSOCIATES LP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133835055 HOUSING NY N/A false false CROTONA PARTNERS LP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 841799890 HOUSING NY N/A false false SRJT CORP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 465370561 HOUSING NY N/A C CORP false SENTRY SECURITY COMPANY INC 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133050136 HOUSING NY N/A C CORP false TIFFANY GARDENS CORP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 113724435 HOUSING NY N/A C CORP false RICER CORP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 030430476 HOUSING NY N/A C CORP false WILLIS AVE REDEVELOPMENT CORP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 133835051 HOUSING NY N/A C CORP false CROTONA AVE DEVELOPMENT CORP 429 BRUCKNER BLVD 2ND FLOOR BRONX NY 10455 841753981 HOUSING NY N/A C CORP false false false false true false false false false false false false true false false false false true false false ANTHONY HOE CORPORATION D 30000 ANTHONY HOE CORPORATION L 299281 ANTHONY HOE CORPORATION Q 65027 1215 SENECA AVENUE HOUSES INC L 245475 SENTRY SECURITY COMPANY INC D 240000 ERMA CAVA HDFC Q 72292 EC HDFC INC Q 194818 178TH STREET HDFC Q 226116 PIOVIP LP Q 288013 SEBCO HDFC Q 127881 FILOMENA GARDENS HDFC INC Q 109845 ROSINA ASSOCIATES LP L 112955 ROSINA ASSOCIATES LP Q 182043 HUNTS POINT HDFC Q 262423 HUNTS POINT HDFC L 457061 TIMPSON HDFC Q 586469 TIMPSON HDFC L 237248 TIFFANY GARDENS LP L 104179 TIFFANY GARDENS LP Q 160435