Civic Intelligence

Housing Development Fund Inc.

990 • Fiscal year 2015 • EIN 06-1276156

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 13, 2016

100 Prospect St-suite 100Stamford, CT 06901

(203) 969-1830

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.74x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

9.71x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

33rd percentile

0.4%

Higher net margin than 33% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$266,317

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

44th percentile

0.7%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-23%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Up

$53,390,574

Up $393,675 (+0.7%) from 2014

Net Assets

Up

$14,041,965

Up $15,149 (+0.1%) from 2014

Liabilities

Up

$39,348,609

Up $378,526 (+1.0%) from 2014

Revenue

Down

$4,052,104

Down $1,221,259 (-23%) from 2014

Expenses

Up

$4,036,955

Up $656,444 (+19%) from 2014

Net Income

Down

$15,149

Down $1,877,703 (-99%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $32,537,856Liabilities 2010: $23,513,417Net Assets 2010: $9,024,4392010Assets 2011: $45,775,714Liabilities 2011: $35,789,624Net Assets 2011: $9,986,0902011Assets 2012: $45,933,389Liabilities 2012: $35,123,674Net Assets 2012: $10,809,7152012Assets 2013: $47,100,248Liabilities 2013: $34,966,284Net Assets 2013: $12,133,9642013Assets 2014: $52,996,899Liabilities 2014: $38,970,083Net Assets 2014: $14,026,8162014Assets 2015: $53,390,574Liabilities 2015: $39,348,609Net Assets 2015: $14,041,9652015Assets 2016: $53,711,670Liabilities 2016: $39,639,718Net Assets 2016: $14,071,9522016Assets 2017: $56,088,049Liabilities 2017: $39,257,877Net Assets 2017: $16,830,1722017Assets 2018: $60,000,034Liabilities 2018: $41,178,234Net Assets 2018: $18,821,8002018Assets 2019: $60,247,331Liabilities 2019: $38,426,860Net Assets 2019: $21,820,4712019Assets 2020: $61,419,506Liabilities 2020: $39,471,652Net Assets 2020: $21,947,8542020Assets 2021: $51,647,700Liabilities 2021: $25,607,785Net Assets 2021: $26,039,9152021Assets 2022: $52,033,074Liabilities 2022: $23,777,809Net Assets 2022: $28,255,2652022Assets 2023: $50,956,580Liabilities 2023: $22,771,361Net Assets 2023: $28,185,2192023Assets 2024: $62,649,637Liabilities 2024: $31,115,864Net Assets 2024: $31,533,7732024Assets 2025: $71,858,509Liabilities 2025: $32,188,259Net Assets 2025: $39,670,2502025

Highlighted filing

2015

Assets$53,390,574
Liabilities$39,348,609
Net Assets$14,041,965

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Expenses 2010: $5,967,3422010Revenue 2011: $4,768,580Expenses 2011: $3,806,929Net Income 2011: $961,6512011Expenses 2012: $2,813,6282012Revenue 2013: $4,284,718Expenses 2013: $2,960,469Net Income 2013: $1,324,2492013Revenue 2014: $5,273,363Expenses 2014: $3,380,511Net Income 2014: $1,892,8522014Revenue 2015: $4,052,104Expenses 2015: $4,036,955Net Income 2015: $15,1492015Revenue 2016: $4,315,982Expenses 2016: $4,285,995Net Income 2016: $29,9872016Revenue 2017: $6,614,585Expenses 2017: $3,871,067Net Income 2017: $2,743,5182017Revenue 2018: $6,019,477Expenses 2018: $4,049,744Net Income 2018: $1,969,7332018Revenue 2019: $7,573,786Expenses 2019: $4,573,569Net Income 2019: $3,000,2172019Revenue 2020: $3,532,564Expenses 2020: $3,453,871Net Income 2020: $78,6932020Revenue 2021: $8,302,057Expenses 2021: $4,026,762Net Income 2021: $4,275,2952021Revenue 2022: $5,301,670Expenses 2022: $3,161,206Net Income 2022: $2,140,4642022Revenue 2023: $3,366,920Expenses 2023: $3,327,155Net Income 2023: $39,7652023Revenue 2024: $7,334,851Expenses 2024: $3,342,616Net Income 2024: $3,992,2352024Revenue 2025: $12,254,032Expenses 2025: $3,910,554Net Income 2025: $8,343,4782025

Highlighted filing

2015

Revenue$4,052,104
Expenses$4,036,955
Net Income$15,149
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 13, 2016
Return Version
2014v6.0
Gross Receipts
$4,068,959
Mission and Program Overview

Mission

To facilitate the development of affordable housing, both rental and homeownership, and assists households to become owners of affordable homes.

To facilitate the development of affordable housing, both rental and homeownership, and assist households to become owners of affordable homes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$28,585,073$28,098,843▼ $486,230
Savings and Temporary Cash Investments$7,153,072$7,908,686▲ $755,614
Investments in Publicly Traded Securities$1,824,881$2,281,682▲ $456,801
Accounts Receivable$766,845$639,149▼ $127,696
Land, Buildings, and Equipment, Net$536,375$516,646▼ $19,729
Prepaid Expenses and Deferred Charges$46,852$58,216▲ $11,364
Pledges and Grants Receivable$22,170$46,913▲ $24,743
Total Assets$52,996,899$53,390,574▲ $393,675
Other Assets Total$14,061,631$13,840,439▼ $221,192
Liabilities
Other Liabilities$17,436,562$19,779,052▲ $2,342,490
Mortgage Notes Payable Secured by Investment Property$21,092,056$19,156,034▼ $1,936,022
Accounts Payable and Accrued Expenses$441,465$413,523▼ $27,942
Total Liabilities$38,970,083$39,348,609▲ $378,526
Net Assets / Fund Balance
Unrestricted Net Assets$9,315,174$10,254,360▲ $939,186
Temporarily Rstr Net Assets$3,647,887$2,298,850▼ $1,349,037
Permanently Rstr Net Assets$1,063,755$1,488,755▲ $425,000
Total Net Assets Fund Balance$14,026,816$14,041,965▲ $15,149
Total Liabilities and Net Assets / Fund Balance$52,996,899$53,390,574▲ $393,675

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$458,009$90,231$548,240
Equipment$58,637$185,914$244,551
Other Land Buildings$0--
Other Assets Org$13,736,279--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,063,755$425,000--$1,488,755
2013$863,755$200,000--$1,063,755
2012$628,755$235,000--$863,755
2011$428,755$200,000--$628,755
2010$428,755---$428,755
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joan CartyPresident and CEOFT$245,442$20,875$266,317

Board Members and Trustees

NameTitle
Kathleen RomagnanoChair
Robin GallagherVice-chair
Brian SkardaBoard Member
Claire FishmanBoard Member
Clay FowlerBoard Member
Jack PenfieldBoard Member
Jessica FoggBoard Member
Joseph McgeeBoard Member
Margaret PowersBoard Member
Marjan MurrayBoard Member
Phillip MckainBoard Member
Pobie JohnstonBoard Member
Reyno Giallongo JrBoard Member
Seymour WeinsteinBoard Member
Lisa SandersAssistant Secretary
Al ShehadiAssistant Treasurer
John MarchSecretary
Charles HowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,936,424
Program Service Revenue
$2,096,202
Investment Income
$19,478
Other Revenue
$0
All Other Contributions
$680,729
Change in Net Assets
$15,149

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,426,571
Revenue Not Reported on Financial Statements
$625,533
Revenue Not Reported on Form 990
$26,142
Other Revenue Adjustments
$625,533
Total Revenue per Audited Statements
$3,452,713
Total Revenue per Form 990
$4,052,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,472,539
Other Expenses$1,564,416
Total Fundraising Expense$133,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,197,477$561,001$63,425$1,821,903
Interest$402,125--$402,125
Fees for Services Other$199,300$82,178$9,131$290,609
Other Employee Benefits$161,065$78,085$8,676$247,826
Current Officers, Directors, Trustees, and Key Employees$161,992$76,087$7,363$245,442
Payroll Taxes$103,485$48,494$5,389$157,368
Office Expenses$55,720$35,263$3,918$94,901
Occupancy$60,924$23,262$2,585$86,771
Advertising$53,608$19,428$2,159$75,195
All Other Expenses$29,743$26,408$2,934$59,085
Travel$16,549$35,601$3,956$56,106
Insurance$20,461$26,674$2,964$50,099
Depreciation Depletion$20,755$11,943$1,327$34,025
Conferences and Meetings$12,088$14,956$1,662$28,706
Other Expenses$43,674$20,798$15,228$15,228
Total Functional Expenses$2,843,749$1,060,178$133,028$4,036,955

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,036,955
Total Expenses per Audited Statements$3,437,564
Expenses per Audited Statements$3,411,422
Expenses Not Reported on Financial Statements$625,533
Other Expense Adjustments$625,533
Expenses Not Reported on Form 990$26,142
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,855
Fundraising Gross Income$16,855
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Hdf Breakfast$54,764$16,855$16,855$0
Total Events$54,764$16,855$16,855$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Liabilities Bijou Square / Neighborworks$13,736,279
Refundable Advances on Grants$4,940,198
Borrower Escrow Accounts$578,307
Shore Up Recoverable Grant$333,800
Deferred Compensation Obligations$190,468
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the management team (ceo and cfo) and executive committee prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to sign a conflict of interest form annually.

Form 990, Part VI, Section B, Line 15

The compensation of the ceo is established by the compensation committee of the board and is based on a performance evalutaion and comparative salary review conducted annually.

Form 990, Part VI, Section C, Line 19

Financial statements are posted on website and available upon request. Other documents are also available on request.

Filing and Contact Details

Filer

Filer Name
Housing Development Fund Inc
EIN
06-1276156
Phone
2039691830
Address
100 PROSPECT ST-SUITE 100, STAMFORD, CT 06901

Signing Officer

Name
Joan Carty
Title
President and CEO
Phone
2039691830
Signed
2016-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joan Carty
Formed
1989
Legal Domicile
Ct
Voting Board Members
18
Independent Board Members
18
Employees
36
Volunteers
0

Preparer

Firm
Friedberg Smith & Co Pc
Address
855 MAIN STREET 6TH FLOOR, BRIDGEPORT, CT 06604-4915
Preparer
David Zieff
Phone
2033665876
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The net income of the stamford development corporation endowment fund is used annually to meet the operating expenses of hdf to provide affordable housing in the city of stamford. The neighborworks works america capital grant fund is used to provide loans for hdf's leap revolving loan fund.

PART X, LINE 2:

Management of hdf has evaluated all significant tax positions as required by generally accepted accounting principles in the united states of america. Management of hdf is of the opinion that the entity has not taken any material tax positions that would require the recording of any liability of hdf, nor is management of hdf of the opinion that there were any unrealized tax benefits that would either increase or decrease materially within the next year. If necessary it is hdf's policy to recognize any estimated interest and penalties, if necessary. The tax returns of hdf for the three years ended june 30, 2014 are subject to examination by the taxing authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of direct benefits to donors 16,855.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Interest expense 402,125. Provision for loan losses 223,408.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of direct benefits to donors 16,855.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Interest expense 402,125. Provision for loan losses 223,408.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15245442
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHAIR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt037909
IRS990/FundraisingDirectExpensesAmt016855
IRS990/FundraisingGrossIncomeAmt016855
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt01217786
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04068959
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt02964
IRS990/InsuranceGrp/ManagementAndGeneralAmt026674
IRS990/InsuranceGrp/ProgramServicesAmt020461
IRS990/InsuranceGrp/TotalAmt050099
IRS990/InterestGrp/ProgramServicesAmt0402125
IRS990/InterestGrp/TotalAmt0402125
IRS990/InvestmentIncomeGrp/ExclusionAmt019478
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019478
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01824881
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02281682
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0276145
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0536375
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0516646
IRS990/LandBldgEquipCostOrOtherBssAmt0792791
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP, AND ASSIST HOUSEHOLDS TO BECOME OWNERS OF AFFORDABLE HOMES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt021092056
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt019156034
IRS990/NetAssetsOrFundBalancesBOYAmt014026816
IRS990/NetAssetsOrFundBalancesEOYAmt014041965
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02585
IRS990/OccupancyGrp/ManagementAndGeneralAmt023262
IRS990/OccupancyGrp/ProgramServicesAmt060924
IRS990/OccupancyGrp/TotalAmt086771
IRS990/OfficeExpensesGrp/FundraisingAmt03918
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035263
IRS990/OfficeExpensesGrp/ProgramServicesAmt055720
IRS990/OfficeExpensesGrp/TotalAmt094901
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014061631
IRS990/OtherAssetsTotalGrp/EOYAmt013840439
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08676
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt078085
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0161065
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0247826
IRS990/OtherExpensesGrp/Desc0PROVISION FOR UNCOLLECT
IRS990/OtherExpensesGrp/Desc1EQUIPMENT LEASES AND MA
IRS990/OtherExpensesGrp/Desc2HOLDING COSTS OF REAL P
IRS990/OtherExpensesGrp/Desc3FUND RAISING EVENT EXPE
IRS990/OtherExpensesGrp/FundraisingAmt02311
IRS990/OtherExpensesGrp/FundraisingAmt115228
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020798
IRS990/OtherExpensesGrp/ProgramServicesAmt0223408
IRS990/OtherExpensesGrp/ProgramServicesAmt181375
IRS990/OtherExpensesGrp/ProgramServicesAmt243674
IRS990/OtherExpensesGrp/TotalAmt0223408
IRS990/OtherExpensesGrp/TotalAmt1104484
IRS990/OtherExpensesGrp/TotalAmt243674
IRS990/OtherExpensesGrp/TotalAmt315228
IRS990/OtherLiabilitiesGrp/BOYAmt017436562
IRS990/OtherLiabilitiesGrp/EOYAmt019779052
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt063425
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0561001
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01197477
IRS990/OtherSalariesAndWagesGrp/TotalAmt01821903
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt028585073
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt028098843
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05389
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt048494
IRS990/PayrollTaxesGrp/ProgramServicesAmt0103485
IRS990/PayrollTaxesGrp/TotalAmt0157368
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01063755
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01488755
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt022170
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt046913
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046852
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058216
IRS990/PrincipalOfficerNm0JOAN CARTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME LOANS
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACTS AND FEES
IRS990/ProgramServiceRevenueGrp/Desc2GAIN ON SETTLEMENT OF
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01280070
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1673127
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2143005
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01280070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1673127
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2143005
IRS990/ProgSrvcAccomActy2Grp/Desc0HOMEBUYER ASSISTANCE UNDERWRITING AND COUNSELING - PROVIDE LOW INTEREST, FLEXIBLE FINANCING AND TECHNICAL ASSISTANCE TO DEVELOPERS BY PROVIDING HOMEBUYER ASSISTANCE FINANCING AND HOMEOWNERSHIP COUNSELING TO HOMEBUYERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01984848
IRS990/ProgSrvcAccomActy3Grp/Desc0FORECLOSURE INITIATIVES COUNSELING AND RELATED ACTIVITIES TO ASSIST HOMEOWNERS IN DEALING WITH THE MORTGAGE FORECLOSURE CRISIS. THESE ACTIVITIES ALSO INCLUDE OPERATIONS UNDER THE FEDERAL NEIGHBORHOOD STABILIZATION GRANT PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt052178
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVISION FOR CREDIT LOSSES - ESTIMATED LOSSES ON LOANS AND REAL ESTATE ACQUIRED IN SETTLEMENT OF LOANS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1SHORE UP IS A STATE OF CONNECTICUT FUNDED LOW INTEREST LOAN PROGRAM WHICH PROVIDES FINANCING FOR PROPERTY OWNERS IN COASTAL MUNICIPALITIES LOCATED IN FLOOD ZONES VE OR AE OR REFINANCE PROPERTY ELEVATIONS. ADDITIONAL RETROFITTING FOR FLOOD PROTECTION AND WIND PROOFING ACTIVITIES CAN ALSO BE FINANCED.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0223408
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1274708
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02951531
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt034146
IRS990/PYOtherExpensesAmt01347209
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02287686
IRS990/PYRevenuesLessExpensesAmt01892852
IRS990/PYSalariesCompEmpBnftPaidAmt02033302
IRS990/PYTotalExpensesAmt03380511
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05273363
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt015149
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07153072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07908686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01936424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02951531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02348304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01685042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01777910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010699211
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019478

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.9$32.2$39.7$12.3$3.91$8.34
2024Detailed filing. Detailed filing data is available for this year.$62.6$31.1$31.5$7.33$3.34$3.99
2023Detailed filing. Detailed filing data is available for this year.$51.0$22.8$28.2$3.37$3.33$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.0$23.8$28.3$5.30$3.16$2.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.6$25.6$26.0$8.30$4.03$4.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.4$39.5$21.9$3.53$3.45$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.2$38.4$21.8$7.57$4.57$3.00
2018Detailed filing. Detailed filing data is available for this year.$60.0$41.2$18.8$6.02$4.05$1.97
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.1$39.3$16.8$6.61$3.87$2.74
2016Detailed filing. Detailed filing data is available for this year.$53.7$39.6$14.1$4.32$4.29$0.03
2015Detailed filing. Detailed filing data is available for this year.$53.4$39.3$14.0$4.05$4.04$0.02
2014Detailed filing. Detailed filing data is available for this year.$53.0$39.0$14.0$5.27$3.38$1.89
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.1$35.0$12.1$4.28$2.96$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$35.1$10.8$2.81
2011Summary only. Only limited summary data is available for this year.$45.8$35.8$9.99$4.77$3.81$0.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$23.5$9.02$5.97
Peer Organizations

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