Civic Intelligence

Kiryas Joel Housing Development Fund Company Incorporated

990 • Fiscal year 2013 • EIN 13-2947763

Jan 01, 2013 to Dec 31, 2013 • Filed on May 06, 2014

51 Forest Road Suite 375Monroe, NY 10950

(845) 492-3227

Siviq Scores

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

Liabilities / Assets

68th percentile

1.08x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

57th percentile

2.29x

Higher debt load relative to revenue than 57% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Source year 2013

Net Margin

25th percentile

-19%

Higher net margin than 25% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

11th percentile

-12%

Faster asset growth than 11% of similar nonprofits.

2013 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$819,134

Down $107,521 (-12%) from 2012

Net Assets

Down

-$62,481

Down $71,488 (-794%) from 2012

Liabilities

Down

$881,615

Down $36,033 (-3.9%) from 2012

Revenue

$385,354

No earlier filing loaded for comparison.

Expenses

Down

$456,842

Down $653,636 (-59%) from 2012

Net Income

-$71,488

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $1,646,260Liabilities 2010: $977,891Net Assets 2010: $668,3692010Assets 2011: $1,608,527Liabilities 2011: $952,803Net Assets 2011: $655,7242011Assets 2012: $926,655Liabilities 2012: $917,648Net Assets 2012: $9,0072012Assets 2013: $819,134Liabilities 2013: $881,615Net Assets 2013: -$62,4812013Assets 2014: $798,624Liabilities 2014: $847,317Net Assets 2014: -$48,6932014Assets 2015: $818,760Liabilities 2015: $814,403Net Assets 2015: $4,3572015Assets 2016: $944,300Liabilities 2016: $866,333Net Assets 2016: $77,9672016Assets 2017: $994,209Liabilities 2017: $839,485Net Assets 2017: $154,7242017Assets 2018: $1,042,212Liabilities 2018: $814,361Net Assets 2018: $227,8512018Assets 2019: $1,028,257Liabilities 2019: $798,361Net Assets 2019: $229,8962019Assets 2020: $1,133,667Liabilities 2020: $970,187Net Assets 2020: $163,4802020Assets 2021: $1,042,946Liabilities 2021: $1,046,296Net Assets 2021: -$3,3502021Assets 2022: $1,898,688Liabilities 2022: $719,213Net Assets 2022: $1,179,4752022Assets 2023: $1,784,527Liabilities 2023: $700,413Net Assets 2023: $1,084,1142023Assets 2024: $1,751,217Liabilities 2024: $692,126Net Assets 2024: $1,059,0912024

Highlighted filing

2013

Assets$819,134
Liabilities$881,615
Net Assets-$62,481

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $494,2022010Expenses 2011: $525,0372011Expenses 2012: $1,110,4782012Revenue 2013: $385,354Expenses 2013: $456,842Net Income 2013: -$71,4882013Revenue 2014: $435,506Expenses 2014: $420,423Net Income 2014: $15,0832014Revenue 2015: $469,446Expenses 2015: $416,396Net Income 2015: $53,0502015Revenue 2016: $488,948Expenses 2016: $415,338Net Income 2016: $73,6102016Revenue 2017: $486,088Expenses 2017: $410,626Net Income 2017: $75,4622017Revenue 2018: $477,892Expenses 2018: $404,765Net Income 2018: $73,1272018Revenue 2019: $428,353Expenses 2019: $426,308Net Income 2019: $2,0452019Revenue 2020: $353,847Expenses 2020: $420,263Net Income 2020: -$66,4162020Revenue 2021: $312,682Expenses 2021: $479,512Net Income 2021: -$166,8302021Revenue 2022: $1,486,254Expenses 2022: $303,429Net Income 2022: $1,182,8252022Revenue 2023: $110,307Expenses 2023: $205,668Net Income 2023: -$95,3612023Revenue 2024: $87,160Expenses 2024: $112,183Net Income 2024: -$25,0232024

Highlighted filing

2013

Revenue$385,354
Expenses$456,842
Net Income-$71,488
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 6, 2014
Return Version
2013v3.1
Gross Receipts
$385,354
Mission and Program Overview

Mission

To provide affordable housing to senior citzens and needy families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$542,829$508,392▼ $34,437
Savings and Temporary Cash Investments$192,716$222,922▲ $30,206
Prepaid Expenses and Deferred Charges$28,802$31,850▲ $3,048
Intangible Assets$20,689$18,017▼ $2,672
Cash and Non-Interest-Bearing Accounts$93,778$16,871▼ $76,907
Accounts Receivable$3,076$3,662▲ $586
Total Assets$926,655$819,134▼ $107,521
Other Assets Total$44,765$17,420▼ $27,345
Liabilities
Mortgage Notes Payable Secured by Investment Property$880,519$850,976▼ $29,543
Accounts Payable and Accrued Expenses$30,480$23,794▼ $6,686
Other Liabilities$6,649$6,845▲ $196
Total Liabilities$917,648$881,615▼ $36,033
Net Assets / Fund Balance
Unrestricted Net Assets$9,007$-62,481▼ $71,488
Total Net Assets Fund Balance$9,007$-62,481▼ $71,488
Total Liabilities and Net Assets / Fund Balance$926,655$819,134▼ $107,521

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$496,452$1,235,350$1,731,802
Land$11,940-$11,940
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eluzer GruberPresident
Joseph GreenfeldSceretary
Yechezkel SteinmetzTreas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$385,044
Investment Income
$310
Other Revenue
$0
Change in Net Assets
$-71,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,805
Salaries, Compensation, and Employee Benefits$81,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$98,759$583-$99,342
Other Salaries and Wages$49,538$21,230-$70,768
Depreciation Depletion$57,377--$57,377
Interest$48,637--$48,637
Other Expenses$31,534$6,320-$31,534
Fees for Services Accounting-$13,000-$13,000
Payroll Taxes$3,788$1,624-$5,412
Other Employee Benefits$3,400$1,457-$4,857
Total Functional Expenses$412,628$44,214$0$456,842
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$6,644
Deferred Rent$201
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 11B

A copy of form 990 is furnished to each member of the board and reviewed prior to filing.

Form 990, Page 6, Part VI, Line 12C

In order to consistently and regularly monitor compliance with its conflict of interest policy, the organization requires each director & officer to annualy complete a disclosure form identifying any relationships, positions, or circumstances that could contribute to a conflict of interest. Additionally, the policy is reviewed annualy by each memeber of the board of directors and any changes are to be communicated to all directors & officers.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
13-2947763
Phone
8454923227

Signing Officer

Name
E Gruber
Title
President
Phone
8454923227
Signed
2014-05-06
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
9

Preparer

Preparer
Solomon Hirsch
Phone
8455174222
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Electricity 18,603 0 0 sewer charges 16,719 0 0 water 14,815 0 0 garbage & trash removal 10,068 0 0 real estate taxes 9,406 0 0 grounds contract 9,000 0 0 snow removal 8,600 0 0 repairs 4,426 0 0 building supplies 3,404 0 0 exterminator contract 2,166 0 0 alarm system 1,552 0 0 office expenses 0 547 0 bank charges 0 36 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS FURNISHED TO EACH MEMBER OF THE BOARD AND REVIEWED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN ORDER TO CONSISTENTLY AND REGULARLY MONITOR COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, THE ORGANIZATION REQUIRES EACH DIRECTOR & OFFICER TO ANNUALY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES THAT COULD CONTRIBUTE TO A CONFLICT OF INTEREST. ADDITIONALLY, THE POLICY IS REVIEWED ANNUALY BY EACH MEMEBER OF THE BOARD OF DIRECTORS AND ANY CHANGES ARE TO BE COMMUNICATED TO ALL DIRECTORS & OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ELECTRICITY 18,603 0 0 SEWER CHARGES 16,719 0 0 WATER 14,815 0 0 GARBAGE & TRASH REMOVAL 10,068 0 0 REAL ESTATE TAXES 9,406 0 0 GROUNDS CONTRACT 9,000 0 0 SNOW REMOVAL 8,600 0 0 REPAIRS 4,426 0 0 BUILDING SUPPLIES 3,404 0 0 EXTERMINATOR CONTRACT 2,166 0 0 ALARM SYSTEM 1,552 0 0 OFFICE EXPENSES 0 547 0 BANK CHARGES 0 36 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0926655
IRS990/TotalAssetsEOYAmt0819134
IRS990/TotalAssetsGrp/BOYAmt0926655
IRS990/TotalAssetsGrp/EOYAmt0819134
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044214
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0412628
IRS990/TotalFunctionalExpensesGrp/TotalAmt0456842
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0917648
IRS990/TotalLiabilitiesEOYAmt0881615
IRS990/TotalLiabilitiesGrp/BOYAmt0917648
IRS990/TotalLiabilitiesGrp/EOYAmt0881615
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09007
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-62481
IRS990/TotalProgramServiceExpensesAmt0412628
IRS990/TotalProgramServiceRevenueAmt0385044
IRS990/TotalRevenueGrp/ExclusionAmt0310
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0385044
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0385354
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0926655
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0819134
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09007
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-62481
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0E GRUBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08454923227
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine10KIRYAS JOEL HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine20FUND ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KIRY
ReturnHeader/Filer/EIN0132947763
ReturnHeader/Filer/PhoneNum08454923227
ReturnHeader/Filer/USAddress/AddressLine1051 FOREST ROAD SUITE 375
ReturnHeader/Filer/USAddress/City0MONROE
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010950
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133762892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SOLOMON HIRSCH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1014 JOAN LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MONSEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode010952
ReturnHeader/PreparerPersonGrp/PhoneNum08455174222
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SOLOMON HIRSCH
ReturnHeader/ReturnTs02014-11-17T12:07:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.69$1.06$0.09$0.11$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.78$0.70$1.08$0.11$0.21$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.72$1.18$1.49$0.30$1.18
2021Detailed filing. Detailed filing data is available for this year.$1.04$1.05$0.00$0.31$0.48$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.97$0.16$0.35$0.42$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.03$0.80$0.23$0.43$0.43$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.81$0.23$0.48$0.40$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.99$0.84$0.15$0.49$0.41$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.87$0.08$0.49$0.42$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.81$0.00$0.47$0.42$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.85$0.05$0.44$0.42$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.82$0.88$0.06$0.39$0.46$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.92$0.01$1.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.95$0.66$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.98$0.67$0.49