Civic Intelligence

The Preservation Company Inc

EIN 13-3352053 • 501(c)3 • Peekskill, NY

Profile

The primary purpose for which the preservation company is formed is to promote the social welfare, common good and the general welfare of the community by providing and improving housing for low, moderate and middle income households and engaging in commercial revitalization and neighborhood preservation activities.

1037 Main StreetPeekskill, NY 10566

www.sunriver.org-housing-resources

Siviq Scores

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

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

1.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

61st percentile

7.6%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

101%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,370,300

Up $237,920 (+7.6%) from 2023

Liabilities

Down

$779,632

Down $2,543 (-0.3%) from 2023

Net Assets

Up

$2,590,668

Up $240,463 (+10%) from 2023

Revenue

Up

$521,684

Up $262,657 (+101%) from 2023

Expenses

Up

$281,221

Up $5,789 (+2.1%) from 2023

Net Income

Up

$240,463

Up $256,868 (+1566%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,793,391Liabilities 2011: $962,394Net Assets 2011: $830,9972011Assets 2012: $1,903,797Liabilities 2012: $970,345Net Assets 2012: $933,4522012Assets 2013: $1,932,769Liabilities 2013: $837,371Net Assets 2013: $1,095,3982013Assets 2014: $1,887,076Liabilities 2014: $836,877Net Assets 2014: $1,050,1992014Assets 2015: $2,477,410Liabilities 2015: $866,221Net Assets 2015: $1,611,1892015Assets 2016: $1,979,864Liabilities 2016: $818,467Net Assets 2016: $1,161,3972016Assets 2017: $2,257,703Liabilities 2017: $1,088,358Net Assets 2017: $1,169,3452017Assets 2018: $2,286,922Liabilities 2018: $1,056,424Net Assets 2018: $1,230,4982018Assets 2019: $2,076,917Liabilities 2019: $811,081Net Assets 2019: $1,265,8362019Assets 2020: $2,168,393Liabilities 2020: $840,507Net Assets 2020: $1,327,8862020Assets 2021: $2,134,853Liabilities 2021: $782,183Net Assets 2021: $1,352,6702021Assets 2022: $2,197,918Liabilities 2022: $781,039Net Assets 2022: $1,416,8792022Assets 2023: $3,132,380Liabilities 2023: $782,175Net Assets 2023: $2,350,2052023Assets 2024: $3,370,300Liabilities 2024: $779,632Net Assets 2024: $2,590,6682024

Highlighted filing

2024

Assets$3,370,300
Liabilities$779,632
Net Assets$2,590,668

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $341,814Expenses 2011: $321,106Net Income 2011: $20,7082011Expenses 2012: $293,6032012Revenue 2013: $305,617Expenses 2013: $259,250Net Income 2013: $46,3672013Revenue 2014: $221,588Expenses 2014: $266,787Net Income 2014: -$45,1992014Revenue 2015: $842,126Expenses 2015: $281,136Net Income 2015: $560,9902015Revenue 2016: $333,269Expenses 2016: $327,953Net Income 2016: $5,3162016Revenue 2017: $1,437,619Expenses 2017: $1,429,671Net Income 2017: $7,9482017Revenue 2018: $466,851Expenses 2018: $405,698Net Income 2018: $61,1532018Revenue 2019: $310,070Expenses 2019: $274,732Net Income 2019: $35,3382019Revenue 2020: $348,427Expenses 2020: $286,377Net Income 2020: $62,0502020Revenue 2021: $342,131Expenses 2021: $317,347Net Income 2021: $24,7842021Revenue 2022: $368,715Expenses 2022: $304,506Net Income 2022: $64,2092022Revenue 2023: $259,027Expenses 2023: $275,432Net Income 2023: -$16,4052023Revenue 2024: $521,684Expenses 2024: $281,221Net Income 2024: $240,4632024

Highlighted filing

2024

Revenue$521,684
Expenses$281,221
Net Income$240,463

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.37$0.78$2.59$0.52$0.28$0.24
2023Detailed filing. Detailed filing data is available for this year.$3.13$0.78$2.35$0.26$0.28$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.20$0.78$1.42$0.37$0.30$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.13$0.78$1.35$0.34$0.32$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.84$1.33$0.35$0.29$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.08$0.81$1.27$0.31$0.27$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.29$1.06$1.23$0.47$0.41$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.26$1.09$1.17$1.44$1.43$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.98$0.82$1.16$0.33$0.33$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.48$0.87$1.61$0.84$0.28$0.56
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.84$1.05$0.22$0.27$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.84$1.10$0.31$0.26$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.97$0.93$0.29
2011Summary only. Only limited summary data is available for this year.$1.79$0.96$0.83$0.34$0.32$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$634,539
Mission and Program Overview

Mission

To provide stable, healthy and affordable living environments in the peekskill and mid-hudson region by increasing and improving the supply of housing for low and moderate income households and contributing to community development and revitalization efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,322,031$1,322,031→ $0
Investments Other Securities$952,489$952,489→ $0
Pledges and Grants Receivable$97,501$371,962▲ $274,461
Land, Buildings, and Equipment, Net$241,111$355,144▲ $114,033
Cash and Non-Interest-Bearing Accounts$434,420$318,226▼ $116,194
Accounts Receivable$23,747$8,177▼ $15,570
Prepaid Expenses and Deferred Charges$14,379$4,950▼ $9,429
Total Assets$3,132,380$3,370,300▲ $237,920
Other Assets Total$46,702$37,321▼ $9,381
Liabilities
Mortgage Notes Payable Secured by Investment Property$605,843$447,000▼ $158,843
Accounts Payable and Accrued Expenses$164,468$186,385▲ $21,917
Other Liabilities$11,864$146,247▲ $134,383
Total Liabilities$782,175$779,632▼ $2,543
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,350,205$2,590,668▲ $240,463
Total Net Assets Fund Balance$2,350,205$2,590,668▲ $240,463
Total Liabilities and Net Assets / Fund Balance$3,132,380$3,370,300▲ $237,920

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$206,665$973,823$1,180,488
Land$122,524-$122,524
Equipment$25,955$38,497$64,452
Other Securities$952,489--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alan SteinerChairperson
Norman HaightVice-chairperson
Anne NolanBoard Member
Calida LamsonBoard Member
Jesus Manuel RodriguezBoard Member
Rose Mary PooleSecretary
Mary RaineyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$539,388
Program Service Revenue
$0
Investment Income
$1,358
Other Revenue
$-19,062
All Other Contributions
$284,605
Change in Net Assets
$240,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,222
Grants and Similar Amounts Paid$8,999
Total Fundraising Expense$2,271
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$128,729$52,678$2,203$183,610
Fees for Services Other$57,755--$57,755
Grants to Domestic Orgs$8,999--$8,999
Office Expenses-$7,152-$7,152
Insurance$5,109$1,635$68$6,812
Fees for Services Legal-$6,214-$6,214
Occupancy-$5,500-$5,500
Other Expenses-$1,241-$1,241
Total Functional Expenses$200,592$78,358$2,271$281,221
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Capital Resources Housing Development Fund CorporationPeekskill, NY501(c)(3)Payoff of Mortgage Balance$8,999
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,000
Fundraising Direct Expenses$0
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
Due to Hrhc$134,382
Security Deposits Payable$11,865
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The preservation company delegated management responsibilities to sun river health, inc.

Form 990, Part VI, Section B, Line 11B

Form 990 is prepared by an outside accounting firm. After management has reviewed form 990, it is submitted to the board for review and recommendations are adopted prior to submission.

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

The organization mandates that board members annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist.

Form 990, Part VI, Section C, Line 19

The organization's 990 is available for public inspection on guidestar.org. And charitiesnys.com. In addition, form 990, financial statements and other policies of the organization are available upon request.

Filing and Contact Details

Filer

Filer Name
The Preservation Company Inc
EIN
13-3352053
Phone
8444001975
Address
1037 MAIN STREET, PEEKSKILL, NY 10566

Signing Officer

Name
Alan Steiner
Title
Chairperson
Phone
8444001975
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Steiner
Formed
1987
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Prager Metis Cpas LLC
Address
800 WESTCHESTER AVE SUITE N-400, RYE BROOK, NY 10573
Preparer
Joseph J Rosoff
Phone
9146944600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract service: program service expenses 51,967. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,967. Consulting: program service expenses 5,788. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,788.

FORM 990, PART XII, LINE 2C:

The organization has annual board meetings to review and approve the audited financial statements. The board also approves the selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The corporation is a nonprofit organization exempt from income taxes under section 501(c)(3) of the internal revenue code. The project's accounting policy is to provide liabilities for uncertain tax positions when a liability is probable and estimable. Management has evaluated its tax positions and has determined that there are no material uncertain tax positions that require adjustment to the financial statements. In addition, management is not aware of any violation of its tax status as an organization exempt from income taxes, nor any exposure to unrelated business income tax. The corporation's federal tax returns remain subject to examination by the relevant taxing authorities for a period of three years from when they are filed.

Raw XML AppendixShowing 400 of 515 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.

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IRS990/MissionDesc0THE PRIMARY PURPOSE FOR WHICH THE PRESERVATION COMPANY IS FORMED IS TO PROMOTE THE SOCIAL WELFARE, COMMON GOOD AND THE GENERAL WELFARE OF THE COMMUNITY BY PROVIDING AND IMPROVING HOUSING FOR LOW, MODERATE AND MIDDLE INCOME HOUSEHOLDS AND ENGAGING IN COMMERCIAL REVITALIZATION AND NEIGHBORHOOD PRESERVATION ACTIVITIES.
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IRS990/OtherExpensesGrp/Desc0BANK & OTHER FEES
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02339
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11599
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21241
IRS990/OtherExpensesGrp/TotalAmt02339
IRS990/OtherExpensesGrp/TotalAmt11599
IRS990/OtherExpensesGrp/TotalAmt21241
IRS990/OtherLiabilitiesGrp/BOYAmt011864
IRS990/OtherLiabilitiesGrp/EOYAmt0146247
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01500
IRS990/OtherRevenueTotalAmt01500
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01322031
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01322031
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt097501
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0371962
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014379
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04950
IRS990/PrincipalOfficerNm0ALAN STEINER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0266961
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0838
IRS990/PYOtherExpensesAmt0275432
IRS990/PYOtherRevenueAmt0-8772
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-16405
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0275432
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0259027
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0240463
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-35562
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0-35562
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PROGRAM SERVICE REVENUE - RENTAL ACTIVITY - 2022 AMOUNT: $ -17,819. 2023 AMOUNT: $ -35,562. NET INCOME FROM FUNDRAISING EVENTS - 2022 AMOUNT: $ 7,761. 2023 AMOUNT: $ 15,000. MISCELLANEOUS REVENUE - 2022 AMOUNT: $ 948. 2023 AMOUNT: $ 1,500.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0539388
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0266961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0214660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0174699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0187033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01382741
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01358
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt096
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02719
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0-19062
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-9110
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-28172
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71250
IRS990ScheduleA/PublicSupportPY170Pct00.84290
IRS990ScheduleA/PublicSupportTotal170Amt0980840
IRS990ScheduleA/SubstantialContributorsTotAmt0401901
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0539388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0266961
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0214660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0174699
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0187033
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01382741
IRS990ScheduleA/TotalSupportAmt01376555
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt04972
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt07859
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt06436
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt019267
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/BookValueAmt0206665
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0973823
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01180488
IRS990ScheduleD/EquipmentGrp/BookValueAmt025955
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038497
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064452
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0122524
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0122524
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1134382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO HRHC
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0952489
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN 150 HOUSING LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. IN ADDITION, MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE CORPORATION'S FEDERAL TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM WHEN THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0355144
IRS990ScheduleD/TotalBookValueSecuritiesAmt0952489
IRS990ScheduleD/TotalLiabilityAmt0146247
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt08999
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PAYOFF OF MORTGAGE BALANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMUNITY CAPITAL RESOURCES HOUSING DEVELOPMENT FUND CORPORATION
IRS990ScheduleI/RecipientTable/RecipientEIN0272843925
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01037 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PEEKSKILL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010566
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL GRANTS ARE AUTHORIZED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESERVATION COMPANY DELEGATED MANAGEMENT RESPONSIBILITIES TO SUN RIVER HEALTH, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. AFTER MANAGEMENT HAS REVIEWED FORM 990, IT IS SUBMITTED TO THE BOARD FOR REVIEW AND RECOMMENDATIONS ARE ADOPTED PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MANDATES THAT BOARD MEMBERS ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR.ORG. AND CHARITIESNYS.COM. IN ADDITION, FORM 990, FINANCIAL STATEMENTS AND OTHER POLICIES OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT SERVICE: PROGRAM SERVICE EXPENSES 51,967. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,967. CONSULTING: PROGRAM SERVICE EXPENSES 5,788. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,788.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS ANNUAL BOARD MEETINGS TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS. THE BOARD ALSO APPROVES THE SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE PRESERVATION COMPANY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0BRICKMANN PROPERTY COMPANY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RESIDENTIAL RENTAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01037 MAIN STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PEEKSKILL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd010566
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0262838153
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1454034621
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2814720868
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct11.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct21.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0DRUM HILL HOUSING CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1UNDERHILL HOUSING CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2322 KEAR HOUSING DEVELOPMENT FUND COMPANY INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01037 MAIN STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11037 MAIN STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt21037 MAIN STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0PEEKSKILL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1PEEKSKILL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2PEEKSKILL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010566
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110566
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd210566
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11

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