Civic Intelligence

Whalebone Housing Development Fund Company Inc.

990 • Fiscal year 2017 • EIN 11-2770854

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileN/A
147 Boat Headers LaneEast Hampton, NY 11937

(631) 324-8836

Siviq Scores

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

Liabilities / Assets

95th percentile

1.98x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

3.03x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Net Margin

46th percentile

-8.9%

Higher net margin than 46% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

51st percentile

$8,705

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Asset Growth

12th percentile

-7.2%

Faster asset growth than 12% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

0.6%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$1,318,080

Down $102,981 (-7.2%) from 2016

Net Assets

Down

-$1,285,692

Down $76,420 (-6.3%) from 2016

Liabilities

Down

$2,603,772

Down $26,561 (-1.0%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin46th percentile

Revenue

Up

$858,258

Up $5,201 (+0.6%) from 2016

Expenses

Up

$934,678

Up $89,449 (+11%) from 2016

Net Income

Down

-$76,420

Down $84,248 (-1076%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2010: $1,696,873Liabilities 2010: $2,786,183Net Assets 2010: -$1,089,3102010Assets 2011: $1,638,028Liabilities 2011: $2,747,193Net Assets 2011: -$1,109,1652011Assets 2012: $1,621,576Liabilities 2012: $2,734,250Net Assets 2012: -$1,112,6742012Assets 2013: $1,560,800Liabilities 2013: $2,706,986Net Assets 2013: -$1,146,1862013Assets 2015: $1,442,660Liabilities 2015: $2,659,760Net Assets 2015: -$1,217,1002015Assets 2016: $1,421,061Liabilities 2016: $2,630,333Net Assets 2016: -$1,209,2722016Assets 2017: $1,318,080Liabilities 2017: $2,603,772Net Assets 2017: -$1,285,6922017Assets 2018: $1,296,045Liabilities 2018: $2,569,479Net Assets 2018: -$1,273,4342018Assets 2019: $1,192,109Liabilities 2019: $2,545,082Net Assets 2019: -$1,352,9732019Assets 2020: $1,191,961Liabilities 2020: $2,543,539Net Assets 2020: -$1,351,5782020Assets 2021: $1,205,724Liabilities 2021: $2,479,351Net Assets 2021: -$1,273,6272021Assets 2022: $1,107,921Liabilities 2022: $2,435,291Net Assets 2022: -$1,327,3702022Assets 2023: $991,759Liabilities 2023: $2,327,066Net Assets 2023: -$1,335,3072023Assets 2024: $893,840Liabilities 2024: $2,308,352Net Assets 2024: -$1,414,5122024

Highlighted filing

2017

Assets$1,318,080
Liabilities$2,603,772
Net Assets-$1,285,692
Open 2017 Filing

Operations Trend

Revenue Growth42nd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $755,5942010Revenue 2011: $788,056Expenses 2011: $796,220Net Income 2011: -$8,1642011Revenue 2012: $798,212Expenses 2012: $801,721Net Income 2012: -$3,5092012Revenue 2013: $788,296Expenses 2013: $821,808Net Income 2013: -$33,5122013Revenue 2015: $878,805Expenses 2015: $838,259Net Income 2015: $40,5462015Revenue 2016: $853,057Expenses 2016: $845,229Net Income 2016: $7,8282016Revenue 2017: $858,258Expenses 2017: $934,678Net Income 2017: -$76,4202017Revenue 2018: $879,350Expenses 2018: $867,092Net Income 2018: $12,2582018Revenue 2019: $929,660Expenses 2019: $1,009,199Net Income 2019: -$79,5392019Revenue 2020: $912,013Expenses 2020: $910,618Net Income 2020: $1,3952020Revenue 2021: $1,040,064Expenses 2021: $962,113Net Income 2021: $77,9512021Revenue 2022: $898,353Expenses 2022: $952,096Net Income 2022: -$53,7432022Revenue 2023: $975,235Expenses 2023: $1,037,223Net Income 2023: -$61,9882023Revenue 2024: $981,304Expenses 2024: $1,060,509Net Income 2024: -$79,2052024

Highlighted filing

2017

Revenue$858,258
Expenses$934,678
Net Income-$76,420
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$858,258
Mission and Program Overview

Mission

The organization operates a multi-family rental housing complex in east hampton, new york, to provide low to moderate income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,109,568$1,018,271▼ $91,297
Cash and Non-Interest-Bearing Accounts$221,780$233,465▲ $11,685
Accounts Receivable$19,304$1,014▼ $18,290
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,421,061$1,318,080▼ $102,981
Other Assets Total$70,409$65,330▼ $5,079
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,551,426$2,518,984▼ $32,442
Other Liabilities$70,409$65,330▼ $5,079
Grants Payable-$9,180-
Deferred Revenue$5,057$8,746▲ $3,689
Accounts Payable and Accrued Expenses$3,441$1,532▼ $1,909
Total Liabilities$2,630,333$2,603,772▼ $26,561
Net Assets / Fund Balance
Unrestricted Net Assets$-1,209,272$-1,285,692▼ $76,420
Total Net Assets Fund Balance$-1,209,272$-1,285,692▼ $76,420
Total Liabilities and Net Assets / Fund Balance$1,421,061$1,318,080▼ $102,981

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$924,777$2,480,334$3,405,111
Equipment$13,494$107,822$121,316
Land$80,000-$80,000
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseTotal
John G MooneyManagerFT$8,705$8,705

Board Members and Trustees

NameTitle
Neil HausigChairperson
Glenn HallVice Chair
Carolina AgudeloDirector
Teresa AbreuDirector
Jody SimonSecretary
Walter BlumbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$392,327
Program Service Revenue
$450,649
Investment Income
$59
Other Revenue
$15,223
Change in Net Assets
$-76,420

Audited Revenue Reconciliation

Revenue per Audited Statements
$858,258
Total Revenue per Audited Statements
$858,258
Total Revenue per Form 990
$858,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$674,553
Salaries, Compensation, and Employee Benefits$260,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$216,317--$216,317
Other Salaries and Wages$136,399$52,739-$189,138
Depreciation Depletion$94,658--$94,658
All Other Expenses$78,924$11,536-$90,460
Insurance$62,764--$62,764
Other Employee Benefits$47,584$3,594-$51,178
Other Expenses$22,927--$22,927
Fees for Services Legal$17,001--$17,001
Fees for Services Accounting-$13,050-$13,050
Payroll Taxes$11,104--$11,104
Office Expenses$10,026--$10,026
Current Officers, Directors, Trustees, and Key Employees$6,877$1,828-$8,705
Fees for Services Other-$8,082-$8,082
Travel$898--$898
Advertising$253--$253
Total Functional Expenses$843,849$90,829$0$934,678

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$934,678
Total Expenses per Audited Statements$934,678
Total Expenses per Form 990$934,678
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
TENANT'S SECURITY DEPOSITS PAYABLE$65,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

“A copy of form 990 is provided to the governing board for review prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members and employees are required to acknowledge the policy on an annual basis or when the policy is updated.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board of directors performs an annual performance review and determines compensation increases.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The board of directors performs an annual performance review and determines compensation increases.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, conflict of interest statements and financial statements are made available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Whalebone Housing and Development
EIN
11-2770854
Phone
6313248836
Address
147 Boat Headers Lane, East Hampton, NY 11937

Signing Officer

Name
Neil Hausig
Title
chairperson
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
5

Preparer

Firm
Nawrocki Smith Llp
Address
290 BROADHOLLOW RD STE 115E, MELVILLE, NY 11747-4822
Preparer
David Tellier
Phone
6317569500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The organization adopted the provisions of financial accounting standards board ("fasb") accounting standards codification ("asc") which recognizes the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The implementation of these standards had no impact on the organization's financial statements. The organization does not believe there are any material uncertain tax positions, accordingly, it will not recognize any liability for unrecognized tax benefits. For the years ended june 30, 2017 and 2016, there were no interest or penalties recorded or included in its financial statements. Returns filed for tax years ended on or after june 30, 2014 are subject to examination by federal and state authorities.”

Raw XML AppendixShowing 400 of 496 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03441
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01532
IRS990/AccountsReceivableGrp/BOYAmt019304
IRS990/AccountsReceivableGrp/EOYAmt01014
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION OPERATES A MULTI-FAMILY RENTAL HOUSING COMPLEX IN EAST HAMPTON, NEW YORK, TO PROVIDE LOW TO MODERATE INCOME HOUSING.
IRS990/AdvertisingGrp/ProgramServicesAmt0253
IRS990/AdvertisingGrp/TotalAmt0253
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt011536
IRS990/AllOtherExpensesGrp/ProgramServicesAmt078924
IRS990/AllOtherExpensesGrp/TotalAmt090460
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0John Mooney
IRS990/BooksInCareOfDetail/PhoneNum06313248836
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0147 Boat Headers Lane
IRS990/BooksInCareOfDetail/USAddress/CityNm0East Hampton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011937
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0221780
IRS990/CashNonInterestBearingGrp/EOYAmt0233465
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01828
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt06877
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt08705
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0392327
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt059
IRS990/CYOtherExpensesAmt0674553
IRS990/CYOtherRevenueAmt015223
IRS990/CYProgramServiceRevenueAmt0450649
IRS990/CYRevenuesLessExpensesAmt0-76420
IRS990/CYSalariesCompEmpBnftPaidAmt0260125
IRS990/CYTotalExpensesAmt0934678
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0858258
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt05057
IRS990/DeferredRevenueGrp/EOYAmt08746
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt094658
IRS990/DepreciationDepletionGrp/TotalAmt094658
IRS990/Desc0TO PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME TENANTS WHO QUALIFY FOR SECTION 8 SUBSIDIES FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT IN EAST HAMPTON, NEW YORK.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0843849
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013050
IRS990/FeesForServicesAccountingGrp/TotalAmt013050
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt017001
IRS990/FeesForServicesLegalGrp/TotalAmt017001
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt08082
IRS990/FeesForServicesOtherGrp/TotalAmt08082
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt635.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Neil Hausig
IRS990/Form990PartVIISectionAGrp/PersonNm1Glenn Hall
IRS990/Form990PartVIISectionAGrp/PersonNm2Jody Simon
IRS990/Form990PartVIISectionAGrp/PersonNm3Walter Blumberg
IRS990/Form990PartVIISectionAGrp/PersonNm4Carolina Agudelo
IRS990/Form990PartVIISectionAGrp/PersonNm5Teresa Abreu
IRS990/Form990PartVIISectionAGrp/PersonNm6John G Mooney
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt68705
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Manager
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0392327
IRS990/GrantsPayableGrp/EOYAmt09180
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0858258
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt062764
IRS990/InsuranceGrp/TotalAmt062764
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0216317
IRS990/InterestGrp/TotalAmt0216317
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt059
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt059
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02588156
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01109568
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01018271
IRS990/LandBldgEquipCostOrOtherBssAmt03606427
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION OPERATES A MULTI-FAMILY RENTAL HOUSING COMPLEX IN EAST HAMPTON, NEW YORK, TO PROVIDE LOW TO MODERATE INCOME HOUSING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02551426
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02518984
IRS990/NetAssetsOrFundBalancesBOYAmt0-1209272
IRS990/NetAssetsOrFundBalancesEOYAmt0-1285692
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010026
IRS990/OfficeExpensesGrp/TotalAmt010026
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt070409
IRS990/OtherAssetsTotalGrp/EOYAmt065330
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03594
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047584
IRS990/OtherEmployeeBenefitsGrp/TotalAmt051178
IRS990/OtherExpensesGrp/Desc0HEATING
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAX
IRS990/OtherExpensesGrp/Desc3SEWAGE AND SEPTIC SYSTEM
IRS990/OtherExpensesGrp/ProgramServicesAmt048106
IRS990/OtherExpensesGrp/ProgramServicesAmt147007
IRS990/OtherExpensesGrp/ProgramServicesAmt243004
IRS990/OtherExpensesGrp/ProgramServicesAmt322927
IRS990/OtherExpensesGrp/TotalAmt048106
IRS990/OtherExpensesGrp/TotalAmt147007
IRS990/OtherExpensesGrp/TotalAmt243004
IRS990/OtherExpensesGrp/TotalAmt322927
IRS990/OtherLiabilitiesGrp/BOYAmt070409
IRS990/OtherLiabilitiesGrp/EOYAmt065330
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02275
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt112948
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02275
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112948
IRS990/OtherRevenueTotalAmt015223
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052739
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0136399
IRS990/OtherSalariesAndWagesGrp/TotalAmt0189138
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011104
IRS990/PayrollTaxesGrp/TotalAmt011104
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1Social Services Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0357621
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt193028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0357621
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt193028
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0267722
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0222
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0623096
IRS990/PYOtherRevenueAmt07513
IRS990/PYProgramServiceRevenueAmt0577600
IRS990/PYRevenuesLessExpensesAmt07828
IRS990/PYSalariesCompEmpBnftPaidAmt0222133
IRS990/PYTotalExpensesAmt0845229
IRS990/PYTotalRevenueAmt0853057
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-76420
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0450649
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0267722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046573
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0558009
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0222
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0755
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01321
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt015223
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07513
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06694
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05196
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08439
IRS990ScheduleA/OtherIncome170Grp/TotalAmt043065
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92630
IRS990ScheduleA/PublicSupportPY170Pct00.90440
IRS990ScheduleA/PublicSupportTotal170Amt0558009
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0267722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046573
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0558009
IRS990ScheduleA/TotalSupportAmt0602395
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0924777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02480334
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03405111
IRS990ScheduleD/EquipmentGrp/BookValueAmt013494
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0107822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0121316
IRS990ScheduleD/ExpensesSubtotalAmt0934678
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT'S SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0858258
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") WHICH RECOGNIZES THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF THESE STANDARDS HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED JUNE 30, 2017 AND 2016, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. RETURNS FILED FOR TAX YEARS ENDED ON OR AFTER JUNE 30, 2014 ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01018271
IRS990ScheduleD/TotalExpensesPerForm990Amt0934678
IRS990ScheduleD/TotalLiabilityAmt065330
IRS990ScheduleD/TotalRevenuePerForm990Amt0858258
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0858258
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0934678
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE THE POLICY ON AN ANNUAL BASIS OR WHEN THE POLICY IS UPDATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS PERFORMS AN ANNUAL PERFORMANCE REVIEW AND DETERMINES COMPENSATION INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS PERFORMS AN ANNUAL PERFORMANCE REVIEW AND DETERMINES COMPENSATION INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WINDMILL HDFC INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,318,080
Liabilities
$2,603,772
Net assets
-$1,285,692
Revenue
$858,258
Expenses
$934,678
Net income
-$76,420
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$2.31$1.41$0.98$1.06$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.99$2.33$1.34$0.98$1.04$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.11$2.44$1.33$0.90$0.95$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.21$2.48$1.27$1.04$0.96$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.19$2.54$1.35$0.91$0.91$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.19$2.55$1.35$0.93$1.01$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.30$2.57$1.27$0.88$0.87$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.32$2.60$1.29$0.86$0.93$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.42$2.63$1.21$0.85$0.85$0.01
2015Summary only. Only limited summary data is available for this year.$1.44$2.66$1.22$0.88$0.84$0.04
2013Summary only. Only limited summary data is available for this year.$1.56$2.71$1.15$0.79$0.82$0.03
2012Summary only. Only limited summary data is available for this year.$1.62$2.73$1.11$0.80$0.80$0.00
2011Summary only. Only limited summary data is available for this year.$1.64$2.75$1.11$0.79$0.80$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$2.79$1.09$0.76