Civic Intelligence

Suburban Housing Development and Research Inc.

990 • Fiscal year 2015 • EIN 11-2578155

Aug 01, 2014 to Jul 31, 2015 • Filed on Nov 12, 2015

PO Box 5852Bay Shore, NY 11706

(631) 665-2866

Siviq Scores

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

Liabilities / Assets

51st percentile

0.76x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

3.19x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Net Margin

45th percentile

-4.1%

Higher net margin than 45% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$109,608

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

2015 filings • NTEE L • $5M-$10M nonprofits • Source year 2015

Asset Growth

16th percentile

-4.5%

Faster asset growth than 16% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

15%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$6,506,029

Down $309,858 (-4.5%) from 2014

Net Assets

Down

$1,593,742

Down $47,411 (-2.9%) from 2014

Liabilities

Down

$4,912,287

Down $262,447 (-5.1%) from 2014

Revenue

Up

$1,537,793

Up $195,180 (+15%) from 2014

Expenses

Down

$1,600,132

Down $104,392 (-6.1%) from 2014

Net Income

Up

-$62,339

Up $299,572 (+83%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $8,134,392Liabilities 2010: $5,445,842Net Assets 2010: $2,688,5502010Assets 2011: $7,745,042Liabilities 2011: $5,421,320Net Assets 2011: $2,323,7222011Assets 2012: $7,320,929Liabilities 2012: $5,168,393Net Assets 2012: $2,152,5362012Assets 2013: $6,951,487Liabilities 2013: $4,948,423Net Assets 2013: $2,003,0642013Assets 2014: $6,815,887Liabilities 2014: $5,174,734Net Assets 2014: $1,641,1532014Assets 2015: $6,506,029Liabilities 2015: $4,912,287Net Assets 2015: $1,593,7422015Assets 2016: $6,155,204Liabilities 2016: $4,671,555Net Assets 2016: $1,483,6492016Assets 2017: $6,146,933Liabilities 2017: $4,621,591Net Assets 2017: $1,525,3422017Assets 2018: $6,167,069Liabilities 2018: $4,880,232Net Assets 2018: $1,286,8372018Assets 2019: $6,138,740Liabilities 2019: $4,564,527Net Assets 2019: $1,574,2132019Assets 2020: $6,186,504Liabilities 2020: $4,320,329Net Assets 2020: $1,866,1752020Assets 2021: $5,951,784Liabilities 2021: $3,909,134Net Assets 2021: $2,042,6502021Assets 2022: $5,788,831Liabilities 2022: $3,524,569Net Assets 2022: $2,264,2622022Assets 2023: $5,897,837Liabilities 2023: $3,250,382Net Assets 2023: $2,647,4552023Assets 2024: $6,357,929Liabilities 2024: $3,169,661Net Assets 2024: $3,188,2682024Assets 2025: $6,432,013Liabilities 2025: $2,977,875Net Assets 2025: $3,454,1382025

Highlighted filing

2015

Assets$6,506,029
Liabilities$4,912,287
Net Assets$1,593,742

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,689,4212010Expenses 2011: $1,956,0952011Revenue 2012: $1,456,960Expenses 2012: $1,628,146Net Income 2012: -$171,1862012Revenue 2013: $1,470,127Expenses 2013: $1,619,599Net Income 2013: -$149,4722013Revenue 2014: $1,342,613Expenses 2014: $1,704,524Net Income 2014: -$361,9112014Revenue 2015: $1,537,793Expenses 2015: $1,600,132Net Income 2015: -$62,3392015Revenue 2016: $1,487,840Expenses 2016: $1,597,933Net Income 2016: -$110,0932016Revenue 2017: $1,557,250Expenses 2017: $1,515,557Net Income 2017: $41,6932017Revenue 2018: $1,764,340Expenses 2018: $1,694,594Net Income 2018: $69,7462018Revenue 2019: $1,931,034Expenses 2019: $1,643,658Net Income 2019: $287,3762019Revenue 2020: $1,879,225Expenses 2020: $1,587,263Net Income 2020: $291,9622020Revenue 2021: $1,965,745Expenses 2021: $1,789,270Net Income 2021: $176,4752021Revenue 2022: $2,155,426Expenses 2022: $1,933,814Net Income 2022: $221,6122022Revenue 2023: $2,539,537Expenses 2023: $2,156,344Net Income 2023: $383,1932023Revenue 2024: $3,050,467Expenses 2024: $2,509,654Net Income 2024: $540,8132024Revenue 2025: $2,711,396Expenses 2025: $2,445,526Net Income 2025: $265,8702025

Highlighted filing

2015

Revenue$1,537,793
Expenses$1,600,132
Net Income-$62,339
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$1,537,793
Mission and Program Overview

Mission

Provide housing to individuals and families needing subsidized housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,314,253$6,010,647▼ $303,606
Savings and Temporary Cash Investments$200,243$255,900▲ $55,657
Cash and Non-Interest-Bearing Accounts$75,695$106,176▲ $30,481
Intangible Assets$73,279$65,366▼ $7,913
Accounts Receivable$77,894$59,702▼ $18,192
Prepaid Expenses and Deferred Charges$82,238$8,238▼ $74,000
Total Assets$6,823,602$6,506,029▼ $317,573
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,743,653$4,493,977▼ $249,676
Other Liabilities$224,363$224,363→ $0
Accounts Payable and Accrued Expenses$199,505$193,947▼ $5,558
Total Liabilities$5,167,521$4,912,287▼ $255,234
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,370,000$1,370,000→ $0
Unrestricted Net Assets$286,081$223,742▼ $62,339
Total Net Assets Fund Balance$1,656,081$1,593,742▼ $62,339
Total Liabilities and Net Assets / Fund Balance$6,823,602$6,506,029▼ $317,573

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,680,269$3,345,819$6,026,088
Land$2,461,236-$2,461,236
Leasehold Improvements$799,188$987,701$1,786,889
Equipment$54,081$135,908$189,989
Other Land Buildings$15,873$10,669$26,542
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David HilgendorffExecutive DirectorFT$109,608$109,608

Board Members and Trustees

NameTitle
Albert VigliottaBoard Member
Betty SchmittBoard Member
Leslie CovenBoard Member
Marge NardoneBoard Member
Sr Catherine FitzgibbonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$341,048
Program Service Revenue
$1,190,984
Investment Income
$5,761
Other Revenue
$0
All Other Contributions
$350
Change in Net Assets
$-62,339

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,537,793
Total Revenue per Audited Statements
$1,537,793
Total Revenue per Form 990
$1,537,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,065,971
Salaries, Compensation, and Employee Benefits$534,161
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$350,407$17,694-$368,101
Other Salaries and Wages$304,555$13,606-$318,161
Interest$134,046$3,483-$137,529
Current Officers, Directors, Trustees, and Key Employees-$109,608-$109,608
All Other Expenses$104,755$1,207-$105,962
Insurance$66,523$9,071-$75,594
Other Employee Benefits$59,284$11,292-$70,576
Occupancy$36,000--$36,000
Payroll Taxes$25,787$10,029-$35,816
Travel$30,258--$30,258
Office Expenses-$12,992-$12,992
Other Expenses$55,418$9,244-$9,244
Total Functional Expenses$1,338,073$262,059$0$1,600,132

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,600,132
Total Expenses per Audited Statements$1,600,132
Total Expenses per Form 990$1,600,132
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
DSS Overpayment Claim$224,363
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
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 governing body review Part VI line 11

990 reviewed at board meeting

Conflict of interest policy compliance Part VI line 12C

annual review with employees

Governing documents etc available to public Part VI line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Suburban Housing Development & Research Inc
EIN
11-2578155
Address
PO BOX 5852, Bay Shore, NY 11706

Signing Officer

Name
David Hilgendorff
Title
Executive Direc
Phone
6316652866
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
25

Preparer

Firm
Stewart Gelman & Associates CPAs PC
Address
369 E Main Street Suite 8, East Islip, NY 11730
Preparer
Stewart Gelman
Phone
6312243790
Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0530
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01167
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04332
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01973
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0301
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06606
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt07384505
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01532032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01338125
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01468119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01456430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01589799
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07384505
IRS990ScheduleA/TotalSupportAmt07393160
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02680269
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03345819
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06026088
IRS990ScheduleD/EquipmentGrp/BookValueAmt054081
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135908
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0189989
IRS990ScheduleD/ExpensesSubtotalAmt01600132
IRS990ScheduleD/LandGrp/BookValueAmt02461236
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02461236
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0799188
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0987701
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01786889
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015873
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010669
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026542
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0224363
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DSS Overpayment Claim
IRS990ScheduleD/RevenueSubtotalAmt01537793
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06010647
IRS990ScheduleD/TotalExpensesPerForm990Amt01600132
IRS990ScheduleD/TotalLiabilityAmt0224363
IRS990ScheduleD/TotalRevenuePerForm990Amt01537793
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01537793
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01600132
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 reviewed at board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1annual review with employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01370000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01370000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06823602
IRS990/TotalAssetsEOYAmt06506029
IRS990/TotalAssetsGrp/BOYAmt06823602
IRS990/TotalAssetsGrp/EOYAmt06506029
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0341048
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0262059
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01338073
IRS990/TotalFunctionalExpensesGrp/TotalAmt01600132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05167521
IRS990/TotalLiabilitiesEOYAmt04912287
IRS990/TotalLiabilitiesGrp/BOYAmt05167521
IRS990/TotalLiabilitiesGrp/EOYAmt04912287
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01656081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01593742
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01338073
IRS990/TotalProgramServiceRevenueAmt01190984
IRS990/TotalReportableCompFromOrgAmt0109608
IRS990/TotalRevenueGrp/ExclusionAmt05600
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01191145
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01537793
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06823602
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06506029
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt030258
IRS990/TravelGrp/TotalAmt030258
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0286081
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0223742
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID HILGENDORFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum06316652866
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUBURBAN HOUSING DEVELOPMENT & RESEARCH INC
ReturnHeader/Filer/BusinessNameControlTxt0SUBU
ReturnHeader/Filer/EIN0112578155
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5852
ReturnHeader/Filer/USAddress/CityNm0Bay Shore
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011706
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113528009
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stewart Gelman & Associates CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0369 E Main Street Suite 8
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0East Islip
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011730
ReturnHeader/PreparerPersonGrp/PhoneNum06312243790
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stewart Gelman
ReturnHeader/ReturnTs02015-11-20T15:16:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-08-01
ReturnHeader/TaxPeriodEndDt02015-07-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$2.98$3.45$2.71$2.45$0.27
2024Detailed filing. Detailed filing data is available for this year.$6.36$3.17$3.19$3.05$2.51$0.54
2023Detailed filing. Detailed filing data is available for this year.$5.90$3.25$2.65$2.54$2.16$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$3.52$2.26$2.16$1.93$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$3.91$2.04$1.97$1.79$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.19$4.32$1.87$1.88$1.59$0.29
2019Detailed filing. Detailed filing data is available for this year.$6.14$4.56$1.57$1.93$1.64$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$4.88$1.29$1.76$1.69$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.15$4.62$1.53$1.56$1.52$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.16$4.67$1.48$1.49$1.60$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.51$4.91$1.59$1.54$1.60$0.06
2014Detailed filing. Detailed filing data is available for this year.$6.82$5.17$1.64$1.34$1.70$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.95$4.95$2.00$1.47$1.62$0.15
2012Summary only. Only limited summary data is available for this year.$7.32$5.17$2.15$1.46$1.63$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.75$5.42$2.32$1.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.13$5.45$2.69$1.69