Civic Intelligence

Islip'S Housing Development Fund Company Inc

990 • Fiscal year 2020 • EIN 11-3032104

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 19, 2021

Organization ProfileN/A
15 Bay Shore Lane PO Box 5587Bay Shore, NY 11706

(631) 665-1185

Siviq Scores

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

Liabilities / Assets

41st percentile

0.29x

Higher debt load relative to assets than 41% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

40th percentile

0.68x

Higher debt load relative to revenue than 40% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

80th percentile

15%

Higher net margin than 80% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$180,633

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

82nd percentile

6.5%

Faster asset growth than 82% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

63%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$3,759,795

Up $230,925 (+6.5%) from 2019

Net Assets

Up

$2,651,427

Up $243,779 (+10%) from 2019

Liabilities

Down

$1,108,368

Down $12,854 (-1.1%) from 2019

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin80th percentile

Revenue

Up

$1,637,361

Up $630,458 (+63%) from 2019

Expenses

Up

$1,393,582

Up $457,695 (+49%) from 2019

Net Income

Up

$243,779

Up $172,763 (+243%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $4,147,558Liabilities 2012: $1,026,366Net Assets 2012: $3,121,1922012Assets 2013: $3,994,928Liabilities 2013: $970,841Net Assets 2013: $3,024,0872013Assets 2014: $3,147,221Liabilities 2014: $932,428Net Assets 2014: $2,214,7932014Assets 2015: $3,039,375Liabilities 2015: $963,629Net Assets 2015: $2,075,7462015Assets 2016: $3,107,284Liabilities 2016: $995,520Net Assets 2016: $2,111,7642016Assets 2017: $3,207,654Liabilities 2017: $1,037,495Net Assets 2017: $2,170,1592017Assets 2018: $3,383,738Liabilities 2018: $1,047,106Net Assets 2018: $2,336,6322018Assets 2019: $3,528,870Liabilities 2019: $1,121,222Net Assets 2019: $2,407,6482019Assets 2020: $3,759,795Liabilities 2020: $1,108,368Net Assets 2020: $2,651,4272020Assets 2021: $4,077,606Liabilities 2021: $1,145,757Net Assets 2021: $2,931,8492021Assets 2022: $4,509,925Liabilities 2022: $1,282,521Net Assets 2022: $3,227,4042022Assets 2023: $4,955,917Liabilities 2023: $1,284,746Net Assets 2023: $3,671,1712023Assets 2024: $4,340,651Liabilities 2024: $283,194Net Assets 2024: $4,057,4572024

Highlighted filing

2020

Assets$3,759,795
Liabilities$1,108,368
Net Assets$2,651,427
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $806,978Expenses 2012: $953,086Net Income 2012: -$146,1082012Revenue 2013: $786,729Expenses 2013: $883,834Net Income 2013: -$97,1052013Revenue 2014: $616,586Expenses 2014: $1,425,880Net Income 2014: -$809,2942014Revenue 2015: $827,027Expenses 2015: $966,074Net Income 2015: -$139,0472015Revenue 2016: $634,593Expenses 2016: $598,573Net Income 2016: $36,0202016Revenue 2017: $1,011,380Expenses 2017: $952,985Net Income 2017: $58,3952017Revenue 2018: $997,273Expenses 2018: $830,800Net Income 2018: $166,4732018Revenue 2019: $1,006,903Expenses 2019: $935,887Net Income 2019: $71,0162019Revenue 2020: $1,637,361Expenses 2020: $1,393,582Net Income 2020: $243,7792020Revenue 2021: $1,369,432Expenses 2021: $1,089,010Net Income 2021: $280,4222021Revenue 2022: $1,430,693Expenses 2022: $1,135,138Net Income 2022: $295,5552022Revenue 2023: $1,691,137Expenses 2023: $1,247,370Net Income 2023: $443,7672023Revenue 2024: $1,054,273Expenses 2024: $667,987Net Income 2024: $386,2862024

Highlighted filing

2020

Revenue$1,637,361
Expenses$1,393,582
Net Income$243,779
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 19, 2021
Return Version
2019v5.2
Gross Receipts
$1,637,361
Mission and Program Overview

Mission

The Organization cooperates with the Town of Islip CDA in various activities related to the provision of housing for low and moderate income families.

The organization cooperates with the town of islip community development agency in various activities related to the provision of housing for low and moderate income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$926,613$961,262▲ $34,649
Land, Buildings, and Equipment, Net$957,548$884,210▼ $73,338
Cash and Non-Interest-Bearing Accounts$65,050$167,033▲ $101,983
Other Notes and Loans Receivable, Net$84,765$117,041▲ $32,276
Prepaid Expenses and Deferred Charges$17,977$16,875▼ $1,102
Total Assets$3,528,870$3,759,795▲ $230,925
Other Assets Total$1,476,917$1,613,374▲ $136,457
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,023,286$1,053,432▲ $30,146
Other Liabilities$48,425$52,126▲ $3,701
Accounts Payable and Accrued Expenses$49,511$2,810▼ $46,701
Total Liabilities$1,121,222$1,108,368▼ $12,854
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,227,960$1,343,747▲ $115,787
Net Assets With Donor Restrictions$1,179,688$1,307,680▲ $127,992
Total Net Assets Fund Balance$2,407,648$2,651,427▲ $243,779
Total Liabilities and Net Assets / Fund Balance$3,528,870$3,759,795▲ $230,925

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,229$1,963,707$1,982,936
Land$864,981-$864,981
Other Land Buildings$0$58,504$58,504
Leasehold Improvements$0$50,229$50,229
Other Assets Org$47,680--
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
ALICIA S O'CONNERChair
Salvatore MateraPresident and CFO
Nancy ManfredoniaVice President
John C Cochrane JrDirector
Joseph a DevincentDirector
Ronald F Devine JrDirector
Julia E MacgibbonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$952,170
Program Service Revenue
$671,485
Investment Income
$12,494
Other Revenue
$1,212
Change in Net Assets
$243,779

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,637,361
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,637,361
Total Revenue per Form 990
$1,637,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,393,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$183,620-$183,620
Depreciation Depletion$73,338--$73,338
Insurance$38,363--$38,363
Interest$30,146--$30,146
Fees for Services Accounting-$12,250-$12,250
Other Expenses$31,585$275-$275
Total Functional Expenses$1,197,437$196,145$0$1,393,582

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,393,582
Total Expenses per Audited Statements$1,393,582
Total Expenses per Form 990$1,393,582
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Tenant Security Deposits$47,680
Pension Plan Payable$4,446
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

“Form 990 was reviewed and approved by the officers and the board of directors.”

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

“The conflict of interest policy is reafirmed annually by employees.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
ISLIP'S HOUSING DEVELOPMENT FUND
EIN
11-3032104
Phone
6316651185
Address
15 BAY SHORE LANE PO BOX 5587, BAY SHORE, NY 11706

Signing Officer

Name
Salvatore Matera
Title
President/CFO
Phone
6316651185
Signed
2021-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Salvatore Matera
Formed
1990
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Bst & Co Cpas Llp
Address
26 COMPUTER DRIVE WEST, ALBANY, NY 12205
Preparer
Mark Gorczyca
Phone
5184596700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Administrative expenses reimbursed to related party: program service expenses 0. Management and general expenses 183,620. Fundraising expenses 0. Total expenses 183,620.”

Form 990, Part XII, Line 2C

“The oversight and selection process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization has analyzed tax positions taken for filing with the irs and the state of new york where it operates. The organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the organization's net position, results of operations or cash flows. Accordingly, the organization has not recorded any reserves or related accruals for interest and penalties for uncertain income tax positions at june 30, 2020.”

Raw XML AppendixShowing 400 of 466 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049511
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02810
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION COOPERATES WITH THE TOWN OF ISLIP COMMUNITY DEVELOPMENT AGENCY IN VARIOUS ACTIVITIES RELATED TO THE PROVISION OF HOUSING FOR LOW AND MODERATE INCOME FAMILIES.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SALVATORE MATERA PRESIDENTCFO
IRS990/BooksInCareOfDetail/PhoneNum06316651185
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015 SHORE LANE PO BOX 5587
IRS990/BooksInCareOfDetail/USAddress/CityNm0BAY SHORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011706
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt065050
IRS990/CashNonInterestBearingGrp/EOYAmt0167033
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0952170
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012494
IRS990/CYOtherExpensesAmt01393582
IRS990/CYOtherRevenueAmt01212
IRS990/CYProgramServiceRevenueAmt0671485
IRS990/CYRevenuesLessExpensesAmt0243779
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01393582
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01637361
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt073338
IRS990/DepreciationDepletionGrp/TotalAmt073338
IRS990/Desc0RENTAL UNIT MANAGEMENT - THE ORGANIZATION CONSTRUCTED AND OWNS AFFORDABLE HOUSING RENTAL UNITS THAT ARE OPERATED, MANAGED AND MAINTAINED BY A QUALITY MANAGEMENT AGENCY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01179688
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01307680
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01197437
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012250
IRS990/FeesForServicesAccountingGrp/TotalAmt012250
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0183620
IRS990/FeesForServicesOtherGrp/TotalAmt0183620
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt545710
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt652934
IRS990/Form990PartVIISectionAGrp/PersonNm0ALICIA S O'CONNER
IRS990/Form990PartVIISectionAGrp/PersonNm1NANCY MANFREDONIA
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSEPH A DEVINCENT
IRS990/Form990PartVIISectionAGrp/PersonNm3RONALD F DEVINE JR
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN C COCHRANE JR
IRS990/Form990PartVIISectionAGrp/PersonNm5SALVATORE MATERA
IRS990/Form990PartVIISectionAGrp/PersonNm6JULIA E MACGIBBON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5134923
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6122503
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT AND CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0952170
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01637361
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt038363
IRS990/InsuranceGrp/TotalAmt038363
IRS990/InterestGrp/ProgramServicesAmt030146
IRS990/InterestGrp/TotalAmt030146
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt012494
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012494
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02072440
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0957548
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0884210
IRS990/LandBldgEquipCostOrOtherBssAmt02956650
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S PRIMARY MISSION, AS A HOUSING DEVELOPMENT FUND COMPANY, IS THE DEVELOPMENT OF ADDITIONAL AFFORDABLE HOUSING IN THE TOWN OF ISLIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01023286
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01053432
IRS990/NetAssetsOrFundBalancesBOYAmt02407648
IRS990/NetAssetsOrFundBalancesEOYAmt02651427
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01227960
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01343747
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01476917
IRS990/OtherAssetsTotalGrp/EOYAmt01613374
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROJECT CONSTRUCTION
IRS990/OtherExpensesGrp/Desc1BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/Desc2GROUNDS KEEPING
IRS990/OtherExpensesGrp/Desc3LICENSE FEES & TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0275
IRS990/OtherExpensesGrp/ProgramServicesAmt0945726
IRS990/OtherExpensesGrp/ProgramServicesAmt178279
IRS990/OtherExpensesGrp/ProgramServicesAmt231585
IRS990/OtherExpensesGrp/TotalAmt0945726
IRS990/OtherExpensesGrp/TotalAmt178279
IRS990/OtherExpensesGrp/TotalAmt231585
IRS990/OtherExpensesGrp/TotalAmt3275
IRS990/OtherLiabilitiesGrp/BOYAmt048425
IRS990/OtherLiabilitiesGrp/EOYAmt052126
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01212
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01212
IRS990/OtherRevenueTotalAmt01212
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt084765
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0117041
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017977
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016875
IRS990/PrincipalOfficerNm0SALVATORE MATERA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0671485
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0671485
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0404194
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014634
IRS990/PYOtherExpensesAmt0935887
IRS990/PYOtherRevenueAmt01196
IRS990/PYProgramServiceRevenueAmt0586879
IRS990/PYRevenuesLessExpensesAmt071016
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0935887
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01006903
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0243779
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0685191
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0926613
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0961262
IRS990ScheduleA/GovernmentalUnitInd0X
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt019229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01963707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01982936
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01393582
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0864981
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0864981
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt050229
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt050229
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0258014
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1562403
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2245064
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3500213
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt447680
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1GENERAL OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REAL ESTATE TAX RESERVE FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPLACEMENT RESERVE FUND ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058504
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt058504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14446
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION PLAN PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01637361
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE IRS AND THE STATE OF NEW YORK WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S NET POSITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0884210
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01613374
IRS990ScheduleD/TotalExpensesPerForm990Amt01393582
IRS990ScheduleD/TotalLiabilityAmt052126
IRS990ScheduleD/TotalRevenuePerForm990Amt01637361
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01637361
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01393582
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0134923
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1122503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt016007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt123231
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt029703
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt129703
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SALVATORE MATERA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JULIA E MACGIBBON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1175437
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS REVIEWED AND APPROVED BY THE OFFICERS AND THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REAFIRMED ANNUALLY BY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE EXPENSES REIMBURSED TO RELATED PARTY: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 183,620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 183,620.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TOWN OF ISLIP COMMUNITY DEVELOPMENT AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0112367588
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0SEC. 115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt015 SHORE LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BAY SHORE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011706
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0952170
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1195870
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1BOOK
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TOWN OF ISLIP COMMUNITY DEVELOPMENT AGENCY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1TOWN OF ISLIP COMMUNITY DEVELOPMENT AGENCY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03528870
IRS990/TotalAssetsEOYAmt03759795
IRS990/TotalAssetsGrp/BOYAmt03528870
IRS990/TotalAssetsGrp/EOYAmt03759795
IRS990/TotalCompGreaterThan150KInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,759,795
Liabilities
$1,108,368
Net assets
$2,651,427
Revenue
$1,637,361
Expenses
$1,393,582
Net income
$243,779
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.34$0.28$4.06$1.05$0.67$0.39
2023Detailed filing. Detailed filing data is available for this year.$4.96$1.28$3.67$1.69$1.25$0.44
2022Detailed filing. Detailed filing data is available for this year.$4.51$1.28$3.23$1.43$1.14$0.30
2021Detailed filing. Detailed filing data is available for this year.$4.08$1.15$2.93$1.37$1.09$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.76$1.11$2.65$1.64$1.39$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.53$1.12$2.41$1.01$0.94$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.38$1.05$2.34$1.00$0.83$0.17
2017Detailed filing. Detailed filing data is available for this year.$3.21$1.04$2.17$1.01$0.95$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.11$1.00$2.11$0.63$0.60$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.04$0.96$2.08$0.83$0.97$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.15$0.93$2.21$0.62$1.43$0.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$0.97$3.02$0.79$0.88$0.10
2012Summary only. Only limited summary data is available for this year.$4.15$1.03$3.12$0.81$0.95$0.15
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00