A Kornegay Senior Houses Housing Development Fund Corporation

EIN 02-0533201 • 501(c)3 • New York, NY

Pub. 78 EligibleNTEE L21

Profile

To provide housing to the elderly and handicapped.

2101 Lexington AvenueNew York, NY 10035

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

2.65x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE L21 • $1M-$5M nonprofits • Source year 2024

9.58x

Higher debt load relative to revenue than 79% of similar nonprofits.

NTEE L21 • $1M-$5M nonprofits • Source year 2024

-53%

Higher net margin than 16% of similar nonprofits.

NTEE L21 • $1M-$5M nonprofits • Source year 2024

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE L21 • $1M-$5M nonprofits • Source year 2024

-8.5%

Faster asset growth than 10% of similar nonprofits.

NTEE L21 • $1M-$5M nonprofits • Annualized from 2023 to 2024

-28%

Faster revenue growth than 12% of similar nonprofits.

NTEE L21 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets96th percentile

Assets

Down

$4,841,823

Down $450,448 (-8.5%) from 2023

Liabilities

$12,827,324

Up $262,623 (+2.1%) from 2023

Net Assets

Down

-$7,985,501

Down $713,071 (-9.8%) from 2023

Operations

Liabilities / Revenue79th percentile Net Margin16th percentile

Revenue

Down

$1,338,583

Down $514,849 (-28%) from 2023

Expenses

$2,051,654

Up $156,763 (+8.3%) from 2023

Net Income

Down

-$713,071

Down $671,612 (-1620%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$4,841,823

Liabilities$12,827,324

Net Assets-$7,985,501

Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$1,338,583

Expenses$2,051,654

Net Income-$713,071

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $4,841,823
Liabilities: $12,827,324
Net assets: -$7,985,501
Revenue: $1,338,583
Expenses: $2,051,654
Net income: -$713,071

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.84	$12.8	$7.99	$1.34	$2.05	$0.71
2023Detailed filing. Detailed filing data is available for this year.	$5.29	$12.6	$7.27	$1.85	$1.89	$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.64	$12.9	$7.29	$1.51	$1.79	$0.28
2021Detailed filing. Detailed filing data is available for this year.	$5.81	$12.8	$7.02	$0.98	$1.73	$0.75
2020Detailed filing. Detailed filing data is available for this year.	$6.16	$12.4	$6.27	$0.90	$1.62	$0.72
2019Detailed filing. Detailed filing data is available for this year.	$6.51	$12.1	$5.55	$0.92	$1.53	$0.61
2018Detailed filing. Detailed filing data is available for this year.	$6.89	$11.8	$4.94	$0.94	$1.42	$0.48
2017Detailed filing. Detailed filing data is available for this year.	$7.23	$11.7	$4.46	$0.92	$1.35	$0.43
2016Summary only. Only limited summary data is available for this year.	$7.68	$11.7	$4.01	$0.92	$1.33	$0.41
2015Detailed filing. Detailed filing data is available for this year.	$8.07	$11.7	$3.60	$0.92	$1.35	$0.43
2014Detailed filing. Detailed filing data is available for this year.	$8.50	$11.7	$3.17	$0.93	$1.20	$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$8.74	$11.6	$2.90	$0.95	$1.18	$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$9.00	$11.7	$2.67		$1.22
2011Summary only. Only limited summary data is available for this year.	$9.29	$11.7	$2.38	$0.93	$1.18	$0.25