Civic Intelligence

Kingsbridge Riverdale Van Cortlandt Development Corporation

EIN 13-3097905 • 501(c)3 • Bronx, NY

Profile

Promote economic activities

505 West 236 StreetBronx, NY 10463

www.krvcdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

7.2%

Higher net margin than 51% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$40,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

NTEE S • <$500k nonprofits • Source year 2024

Asset Growth

83rd percentile

45%

Faster asset growth than 83% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

20%

Faster revenue growth than 69% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$107,904

Up $33,311 (+45%) from 2023

Liabilities

Flat

$2,500

Flat from 2023

Net Assets

Up

$105,404

Up $33,311 (+46%) from 2023

Operations
Liabilities / Revenue64th percentileNet Margin51st percentile

Revenue

Up

$461,026

Up $76,373 (+20%) from 2023

Expenses

Up

$427,715

Up $110,208 (+35%) from 2023

Net Income

Down

$33,311

Down $33,835 (-50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth83rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2011: $64,371Net Assets 2011: $64,3712011Assets 2012: $17,985Net Assets 2012: $17,9852012Assets 2013: $57,044Liabilities 2013: $0Net Assets 2013: $57,0442013Assets 2014: $21,913Liabilities 2014: $1,717Net Assets 2014: $20,1962014Assets 2015: $5,966Liabilities 2015: $24,270Net Assets 2015: -$18,3042015Assets 2016: $131,594Liabilities 2016: $30,347Net Assets 2016: $101,2472016Assets 2017: $37,148Liabilities 2017: $27,446Net Assets 2017: $9,7022017Assets 2018: $149,496Liabilities 2018: $66,754Net Assets 2018: $82,7422018Assets 2019: $41,135Liabilities 2019: $1,706Net Assets 2019: $39,4292019Assets 2020: $52,558Liabilities 2020: $15Net Assets 2020: $52,5432020Assets 2021: $39,848Liabilities 2021: $43,459Net Assets 2021: -$3,6112021Assets 2022: $29,604Liabilities 2022: $24,657Net Assets 2022: $4,9472022Assets 2023: $74,593Liabilities 2023: $2,500Net Assets 2023: $72,0932023Assets 2024: $107,904Liabilities 2024: $2,500Net Assets 2024: $105,4042024

Highlighted filing

2024

Assets$107,904
Liabilities$2,500
Net Assets$105,404
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $92,834Expenses 2011: $186,016Net Income 2011: -$93,1822011Revenue 2012: $94,449Expenses 2012: $140,835Net Income 2012: -$46,3862012Revenue 2013: $196,833Expenses 2013: $157,774Net Income 2013: $39,0592013Revenue 2014: $86,779Expenses 2014: $123,627Net Income 2014: -$36,8482014Revenue 2015: $188,526Expenses 2015: $227,026Net Income 2015: -$38,5002015Revenue 2016: $483,240Expenses 2016: $556,897Net Income 2016: -$73,6572016Revenue 2017: $425,253Expenses 2017: $516,798Net Income 2017: -$91,5452017Revenue 2018: $478,671Expenses 2018: $420,217Net Income 2018: $58,4542018Revenue 2019: $329,718Expenses 2019: $373,031Net Income 2019: -$43,3132019Revenue 2020: $268,302Expenses 2020: $255,188Net Income 2020: $13,1142020Revenue 2021: $68,018Expenses 2021: $124,807Net Income 2021: -$56,7892021Revenue 2022: $211,241Expenses 2022: $223,247Net Income 2022: -$12,0062022Revenue 2023: $384,653Expenses 2023: $317,507Net Income 2023: $67,1462023Revenue 2024: $461,026Expenses 2024: $427,715Net Income 2024: $33,3112024

Highlighted filing

2024

Revenue$461,026
Expenses$427,715
Net Income$33,311
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$107,904
Liabilities
$2,500
Net assets
$105,404
Revenue
$461,026
Expenses
$427,715
Net income
$33,311
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.03$1.05$4.61$4.28$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.03$0.72$3.85$3.18$0.67
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.25$0.05$2.11$2.23$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.43$0.04$0.68$1.25$0.57
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$2.68$2.55$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.02$0.39$3.30$3.73$0.43
2018Detailed filing. Detailed filing data is available for this year.$1.49$0.67$0.83$4.79$4.20$0.58
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.27$0.10$4.25$5.17$0.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.30$1.01$4.83$5.57$0.74
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.24$0.18$1.89$2.27$0.39
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.20$0.87$1.24$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$1.97$1.58$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.18$0.94$1.41$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.64$0.93$1.86$0.93
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$384,653
Mission and Program Overview

Mission

Founded in 1981, the Kingsbridge-Riverdale-Van Cortlandt Development Corporation (KRVC), a not-for-profit organization, aims to encourage and support local initiatives that will build and enrich our community through social, cultural, environmental, health, housing, educational and business enterprises. Our target area is the business and residential community comprised of Kingsbridge, Kingsbridge Heights, Marble Hill, Riverdale, Spuyten Duyvil, Fieldston, Woodlawn and Van Cortlandt Village.

Krvc is a bronx-based not for profit organization founded in 1981 to serve the communities in the northwest bronx producing community events such as concerts, a community art show, and more at 505bx and at various locations around the bronx, along with supporting small businesses in our area and beautification initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,219$66,882▲ $48,663
Land, Buildings, and Equipment, Net$11,385$7,711▼ $3,674
Total Assets$29,604$74,593▲ $44,989
Liabilities
Other Liabilities$24,657--
Accounts Payable and Accrued Expenses$0$2,500▲ $2,500
Total Liabilities$24,657$2,500▼ $22,157
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,947$72,093▲ $67,146
Total Net Assets Fund Balance$4,947$72,093▲ $67,146
Total Liabilities and Net Assets / Fund Balance$29,604$74,593▲ $44,989

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,850$11,644$15,494
Equipment$3,861$9,009$12,870
Land$0--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tracy Mccabe SheltonExecutive DirectorFT$37,668$37,668

Board Members and Trustees

NameTitle
Terhi EdwardsDirector/chair
Jerald KreppelDirector
Len MorseDirector
Linda HirleheyDirector
Orlando KrossDirector
Petr StandDirector
Sokol DelajDirector
Mego GojkaDirector/secretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$384,648
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$0
All Other Contributions
$36,927
Change in Net Assets
$67,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,769
Salaries, Compensation, and Employee Benefits$123,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,576$15,931$0$72,507
Current Officers, Directors, Trustees, and Key Employees$21,687$19,231$0$40,918
Occupancy$21,317$9,577$0$30,894
Payroll Taxes$7,116$3,197$0$10,313
All Other Expenses$2,619$6,491$0$9,110
Insurance$0$8,660$0$8,660
Other Expenses$4,851$2,180$0$7,031
Office Expenses$2,561$1,150$0$3,711
Depreciation Depletion$2,535$1,139$0$3,674
Total Functional Expenses$240,883$76,624$0$317,507
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Filing and Contact Details

Filer

Filer Name
Kingsbridge Riverdale Van Cortland Development Co
EIN
13-3097905
Phone
7185437100
Address
505 WEST 236 STREET, BRONX, NY 10463

Signing Officer

Name
Tracy Mccabe Shelton
Title
Executive Director
Phone
7185437100
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Mccabe Shelton
Formed
1981
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
50

Preparer

Firm
Grace Neggie CPA
Address
369 Lexington Avenue Ste 255, New York, NY 10017
Preparer
Grace Neggie
Phone
9174826816
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by a person designated by the board”

Pt VI, Line 11B

“BEFORE IT IS FILED.”

Pt VI, Line 19

“The financial statements, conflict of interest policy”

Pt VI, Line 19

“And governing documents are available upon request.”

Financial Statement Notes

Pt X, Line 2

“Financial statement footnote:”

Pt X, Line 2

“Krvc development co (the organization) is exempt from”

Pt X, Line 2

“Federal taxes under section 501(c)(3) of the u.s.”

Pt X, Line 2

“Internal revenue code and from state and local taxes”

Pt X, Line 2

“Under comparable laws. The organization adopted the”

Pt X, Line 2

“Provisions of fasb asc 740, income taxes, which requires”

Pt X, Line 2

“That a tax position be recognized or derecognized based”

Pt X, Line 2

“On a "more likely than not" threshold. This applies to”

Pt X, Line 2

“Positions taken or expected to be taken in a tax return.”

Pt X, Line 2

“The organization does not believe its financial”

Pt X, Line 2

“Statements include any uncertain income tax positions.”

Raw XML AppendixShowing 400 of 427 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02500
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KRVC IS A BRONX-BASED NOT FOR PROFIT ORGANIZATION FOUNDED IN 1981 TO SERVE THE COMMUNITIES IN THE NORTHWEST BRONX PRODUCING COMMUNITY EVENTS SUCH AS CONCERTS, A COMMUNITY ART SHOW, AND MORE AT 505BX AND AT VARIOUS LOCATIONS AROUND THE BRONX, ALONG WITH SUPPORTING SMALL BUSINESSES IN OUR AREA AND BEAUTIFICATION INITIATIVES.
IRS990/AllOtherContributionsAmt036927
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06491
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02619
IRS990/AllOtherExpensesGrp/TotalAmt09110
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0EDAN SEGAL
IRS990/BooksInCareOfDetail/PhoneNum07185437100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0505 WEST 236 STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010463
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt018219
IRS990/CashNonInterestBearingGrp/EOYAmt066882
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt019231
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt021687
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt040918
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0384648
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt0193769
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt067146
IRS990/CYSalariesCompEmpBnftPaidAmt0123738
IRS990/CYTotalExpensesAmt0317507
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0384653
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01139
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02535
IRS990/DepreciationDepletionGrp/TotalAmt03674
IRS990/Desc0THE KINGSBRIDGE-RIVERDALE-VAN CORTLANDT DEVELOPMENT CORPORATION/KRVC PRODUCED A RANGE OF FREE SMALL AND LARGE SCALE EVENTS AND PROGRAMS FOR THE NORTHWEST BRONX COMMUNITY IN FY22-23 INCLUDING CONCERTS, ART SHOWS, WOMEN'S EVENTS, PRIDE EVENTS AND OTHERS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0240883
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0TERHI EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm1MEGO GOJKA
IRS990/Form990PartVIISectionAGrp/PersonNm2TRACY MCCABE SHELTON
IRS990/Form990PartVIISectionAGrp/PersonNm3PETR STAND
IRS990/Form990PartVIISectionAGrp/PersonNm4JERALD KREPPEL
IRS990/Form990PartVIISectionAGrp/PersonNm5ORLANDO KROSS
IRS990/Form990PartVIISectionAGrp/PersonNm6LINDA HIRLEHEY
IRS990/Form990PartVIISectionAGrp/PersonNm7LEN MORSE
IRS990/Form990PartVIISectionAGrp/PersonNm8SOKOL DELAJ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt237668
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0347721
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0384653
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt08660
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt08660
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020653
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011385
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07711
IRS990/LandBldgEquipCostOrOtherBssAmt028364
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KRVC IS A BRONX-BASED NOT FOR PROFIT ORGANIZATION FOUNDED IN 1981 TO SERVE THE COMMUNITIES IN THE NORTHWEST BRONX PRODUCING COMMUNITY EVENTS SUCH AS CONCERTS, A COMMUNITY ART SHOW, AND MORE AT 505BX AND AT VARIOUS LOCATIONS AROUND THE BRONX, ALONG WITH SUPPORTING SMALL BUSINESSES IN OUR AREA AND BEAUTIFICATION INITIATIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04947
IRS990/NetAssetsOrFundBalancesEOYAmt072093
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04947
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt072093
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09577
IRS990/OccupancyGrp/ProgramServicesAmt021317
IRS990/OccupancyGrp/TotalAmt030894
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01150
IRS990/OfficeExpensesGrp/ProgramServicesAmt02561
IRS990/OfficeExpensesGrp/TotalAmt03711
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2TELECOMMUNICATIONS
IRS990/OtherExpensesGrp/Desc3TRAVEL AND MEETINGS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06497
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22571
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32180
IRS990/OtherExpensesGrp/ProgramServicesAmt014461
IRS990/OtherExpensesGrp/ProgramServicesAmt1101436
IRS990/OtherExpensesGrp/ProgramServicesAmt25724
IRS990/OtherExpensesGrp/ProgramServicesAmt34851
IRS990/OtherExpensesGrp/TotalAmt020958
IRS990/OtherExpensesGrp/TotalAmt1101436
IRS990/OtherExpensesGrp/TotalAmt28295
IRS990/OtherExpensesGrp/TotalAmt37031
IRS990/OtherLiabilitiesGrp/BOYAmt024657
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015931
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt056576
IRS990/OtherSalariesAndWagesGrp/TotalAmt072507
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03197
IRS990/PayrollTaxesGrp/ProgramServicesAmt07116
IRS990/PayrollTaxesGrp/TotalAmt010313
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TRACY MCCABE SHELTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0211240
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt0129703
IRS990/PYRevenuesLessExpensesAmt0-12006
IRS990/PYSalariesCompEmpBnftPaidAmt093544
IRS990/PYTotalExpensesAmt0223247
IRS990/PYTotalRevenueAmt0211241
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt067146
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0384648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0211240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0138406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0268302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0329718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01332314
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01332314
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0384648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0211240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0138406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0268302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0329718
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01332314
IRS990ScheduleA/TotalSupportAmt01332320
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/EquipmentGrp/BookValueAmt03861
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09009
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012870
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03850
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011644
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt015494
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL STATEMENT FOOTNOTE:
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1KRVC DEVELOPMENT CO (THE ORGANIZATION) IS EXEMPT FROM
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FEDERAL TAXES UNDER SECTION 501(C)(3) OF THE U.S.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3INTERNAL REVENUE CODE AND FROM STATE AND LOCAL TAXES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4UNDER COMPARABLE LAWS. THE ORGANIZATION ADOPTED THE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH REQUIRES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt7ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt8POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt10STATEMENTS INCLUDE ANY UNCERTAIN INCOME TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07711
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY A PERSON DESIGNATED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt029604
IRS990/TotalAssetsEOYAmt074593
IRS990/TotalAssetsGrp/BOYAmt029604
IRS990/TotalAssetsGrp/EOYAmt074593
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0384648
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076624
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0240883
IRS990/TotalFunctionalExpensesGrp/TotalAmt0317507
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024657
IRS990/TotalLiabilitiesEOYAmt02500
IRS990/TotalLiabilitiesGrp/BOYAmt024657
IRS990/TotalLiabilitiesGrp/EOYAmt02500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04947
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt072093
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0240883
IRS990/TotalReportableCompFromOrgAmt037668
IRS990/TotalRevenueGrp/ExclusionAmt05
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0384653
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt029604
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt074593
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0505 WEST 236 STREET
IRS990/USAddress/CityNm0BRONX
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010463
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.505BX.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TRACY MCCABE SHELTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07185437100

Document Assets

No mirrored PDF or thumbnail assets are attached yet.