Civic Intelligence

Suburban Housing Development and Research Inc.

990 • Fiscal year 2021 • EIN 11-2578155

Aug 01, 2020 to Jul 31, 2021 • Filed on Dec 14, 2021

PO Box 5012Bay Shore, NY 11706

(631) 665-2866

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.66x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

1.99x

Higher debt load relative to revenue than 48% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Net Margin

62nd percentile

9.0%

Higher net margin than 62% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$88,968

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2021 filings • NTEE L • $5M-$10M nonprofits • Source year 2021

Asset Growth

17th percentile

-3.8%

Faster asset growth than 17% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

4.6%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$5,951,784

Down $234,720 (-3.8%) from 2020

Net Assets

Up

$2,042,650

Up $176,475 (+9.5%) from 2020

Liabilities

Down

$3,909,134

Down $411,195 (-9.5%) from 2020

Revenue

Up

$1,965,745

Up $86,520 (+4.6%) from 2020

Expenses

Up

$1,789,270

Up $202,007 (+13%) from 2020

Net Income

Down

$176,475

Down $115,487 (-40%) from 2020

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

2021

Assets$5,951,784
Liabilities$3,909,134
Net Assets$2,042,650

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

2021

Revenue$1,965,745
Expenses$1,789,270
Net Income$176,475
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Dec 14, 2021
Return Version
2020v4.1
Gross Receipts
$1,965,745
Mission and Program Overview

Mission

Provide housing to individuals and families needing subsidized housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,485,664$5,312,127▼ $173,537
Savings and Temporary Cash Investments$328,141$263,233▼ $64,908
Accounts Receivable$206,106$172,694▼ $33,412
Cash and Non-Interest-Bearing Accounts$84,720$128,121▲ $43,401
Intangible Assets$70,624$63,529▼ $7,095
Prepaid Expenses and Deferred Charges$11,249$12,080▲ $831
Total Assets$6,186,504$5,951,784▼ $234,720
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,212,942$3,764,648▼ $448,294
Accounts Payable and Accrued Expenses$82,516$104,585▲ $22,069
Other Liabilities$24,871$39,901▲ $15,030
Total Liabilities$4,320,329$3,909,134▼ $411,195
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,819,825$1,819,825→ $0
Net Assets Without Donor Restrictions$46,350$222,825▲ $176,475
Total Net Assets Fund Balance$1,866,175$2,042,650▲ $176,475
Total Liabilities and Net Assets / Fund Balance$6,186,504$5,951,784▼ $234,720

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,446,175$4,790,612$6,236,787
Land$2,670,036-$2,670,036
Leasehold Improvements$1,141,535$1,514,620$2,656,155
Equipment$46,868$197,182$244,050
Other Land Buildings$7,513$22,300$29,813
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David HilgendorffExecutive DirectorFT$88,968$88,968

Board Members and Trustees

NameTitle
Sr Catherine FitzgibbonChairperson
Betty SchmittVice Chairperson
Albert VigliottaBoard Member
Catherine ONealBoard Member
Kathleen M FaheyBoard Member
Leslie CovenBoard Member
Marge NardoneBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$442,354
Program Service Revenue
$1,429,346
Investment Income
$152
Other Revenue
$93,893
All Other Contributions
$2,550
Change in Net Assets
$176,475

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,965,745
Total Revenue per Audited Statements
$1,965,745
Total Revenue per Form 990
$1,965,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,159,367
Salaries, Compensation, and Employee Benefits$629,903
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$336,836$90,265-$427,101
Depreciation Depletion$342,968$17,789-$360,757
Interest$123,171$2,438-$125,609
Insurance$111,695$2,729-$114,424
Occupancy$109,708--$109,708
Current Officers, Directors, Trustees, and Key Employees-$88,968-$88,968
Other Employee Benefits$57,438$14,361-$71,799
All Other Expenses$51,853$14,659-$66,512
Payroll Taxes$27,323$14,712-$42,035
Other Expenses$30,745$27,877-$30,745
Office Expenses-$16,903-$16,903
Travel$5,441$6,820-$12,261
Total Functional Expenses$1,479,624$309,646$0$1,789,270

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,789,270
Total Expenses per Audited Statements$1,789,270
Total Expenses per Form 990$1,789,270
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
Security Deposits Payable$39,901
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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 5012, Bay Shore, NY 11706

Signing Officer

Name
David Hilgendorff
Title
Executive Direc
Phone
6316652866
Signed
2021-12-14
Discuss with paid preparer
No

Organization Details

Formed
1981
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
19

Preparer

Firm
Lisa Venuti CPA
Address
199 Timberpoint Rd, East Islip, NY 11730
Preparer
Lisa Venuti
Phone
6317076948
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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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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0328141
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0263233
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01878966
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0271
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt093893
IRS990ScheduleA/OtherIncome170Grp/TotalAmt093893
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IRS990ScheduleA/PublicSupportPY170Pct00.99980
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0244050
IRS990ScheduleD/ExpensesSubtotalAmt01789270
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IRS990ScheduleD/TotalLiabilityAmt039901
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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
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IRS990/TaxableDistributionsInd0false
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IRS990/TravelGrp/ProgramServicesAmt05441
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
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IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-03-31 18:45:55Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID HILGENDORFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum06316652866
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUBURBAN HOUSING DEVELOPMENT & RESEARCH INC
ReturnHeader/Filer/BusinessNameControlTxt0SUBU
ReturnHeader/Filer/EIN0112578155
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5012
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ReturnHeader/Filer/USAddress/ZIPCd011706

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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
2021Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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