Civic Intelligence

Yonkers Downtown Waterfront Development Corporation

990 • Fiscal year 2019 • EIN 13-3798295

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 02, 2020

87 Nepperhan Avenue No 307Yonkers, NY 10701

(914) 377-6080

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.09x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

93.90x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-7102%

Higher net margin than 1% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Asset Growth

34th percentile

-6.2%

Faster asset growth than 34% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

87%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$340,968

Down $22,414 (-6.2%) from 2018

Net Assets

Down

$311,296

Down $22,441 (-6.7%) from 2018

Liabilities

Up

$29,672

Up $27 (+0.1%) from 2018

Revenue

Up

$316

Up $147 (+87%) from 2018

Expenses

Down

$22,757

Down $24,722 (-52%) from 2018

Net Income

Up

-$22,441

Up $24,869 (+53%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $3,577,761Liabilities 2010: $4,681,496Net Assets 2010: -$1,103,7352010Assets 2011: $3,402,064Liabilities 2011: $4,292,969Net Assets 2011: -$890,9052011Assets 2012: $3,454,577Liabilities 2012: $3,905,793Net Assets 2012: -$451,2162012Assets 2013: $3,061,104Liabilities 2013: $3,301,853Net Assets 2013: -$240,7492013Assets 2014: $3,210,295Liabilities 2014: $3,181,337Net Assets 2014: $28,9582014Assets 2015: $2,126,062Liabilities 2015: $1,859,228Net Assets 2015: $266,8342015Assets 2016: $651,615Liabilities 2016: $35,815Net Assets 2016: $615,8002016Assets 2017: $554,128Liabilities 2017: $29,645Net Assets 2017: $524,4832017Assets 2018: $363,382Liabilities 2018: $29,645Net Assets 2018: $333,7372018Assets 2019: $340,968Liabilities 2019: $29,672Net Assets 2019: $311,2962019Assets 2020: $319,990Liabilities 2020: $27,672Net Assets 2020: $292,3182020Assets 2021: $300,838Liabilities 2021: $25,672Net Assets 2021: $275,1662021Assets 2022: $283,795Liabilities 2022: $10,000Net Assets 2022: $273,7952022Assets 2023: $267,257Liabilities 2023: $6,500Net Assets 2023: $260,7572023Assets 2024: $251,679Liabilities 2024: $8,650Net Assets 2024: $243,0292024

Highlighted filing

2019

Assets$340,968
Liabilities$29,672
Net Assets$311,296

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,230,4622010Expenses 2011: $2,555,9182011Expenses 2012: $1,721,9612012Revenue 2013: $615,865Expenses 2013: $405,398Net Income 2013: $210,4672013Revenue 2014: $856,045Expenses 2014: $586,338Net Income 2014: $269,7072014Revenue 2015: $581,887Expenses 2015: $344,011Net Income 2015: $237,8762015Revenue 2016: $554,408Expenses 2016: $205,442Net Income 2016: $348,9662016Revenue 2017: $229Expenses 2017: $91,546Net Income 2017: -$91,3172017Revenue 2018: $169Expenses 2018: $47,479Net Income 2018: -$47,3102018Revenue 2019: $316Expenses 2019: $22,757Net Income 2019: -$22,4412019Revenue 2020: $243Expenses 2020: $19,221Net Income 2020: -$18,9782020Revenue 2021: $69Expenses 2021: $17,221Net Income 2021: -$17,1522021Revenue 2022: $15,979Expenses 2022: $17,350Net Income 2022: -$1,3712022Revenue 2023: $1,074Expenses 2023: $14,112Net Income 2023: -$13,0382023Revenue 2024: $642Expenses 2024: $16,370Net Income 2024: -$15,7282024

Highlighted filing

2019

Revenue$316
Expenses$22,757
Net Income-$22,441
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 2, 2020
Return Version
2019v5.1
Gross Receipts
$225,631
Mission and Program Overview

Mission

To encourage the development and retention of jobs, business and industry, to foster projects for commercial, retail, and residential uses & jobs and to develop the city of yonkers downtown waterfront area.

To encourage the development and retention of jobs, business and industry, to foster projects for commerical, retail & residential uses. To develop the city of yonkers downtown waterfront area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$123,414$326,602▲ $203,188
Land, Buildings, and Equipment, Net$225,315$0▼ $225,315
Cash and Non-Interest-Bearing Accounts$13,547$13,561▲ $14
Prepaid Expenses and Deferred Charges$1,106$805▼ $301
Total Assets$363,382$340,968▼ $22,414
Liabilities
Accounts Payable and Accrued Expenses$29,645$29,672▲ $27
Total Liabilities$29,645$29,672▲ $27
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$333,737$311,296▼ $22,441
Total Net Assets Fund Balance$333,737$311,296▼ $22,441
Total Liabilities and Net Assets / Fund Balance$363,382$340,968▼ $22,414

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$10,341$10,341
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mayor Mike SpanoChair
Bob WaltersBoard Member
Jerrold GoldmanBoard Member
Ronald SchutteBoard Member
William MascettaBoard Member
Wilson KimballExecutive Director
Jim CavanaughDeputy Mayor
John LiszewskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$316
Other Revenue
$0
Change in Net Assets
$-22,441

Audited Revenue Reconciliation

Revenue per Audited Statements
$316
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$316
Total Revenue per Form 990
$316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,757
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 Accounting-$17,600-$17,600
Insurance$3,664--$3,664
Fees for Services Legal$1,000--$1,000
Occupancy$366--$366
Other Expenses$127--$127
Total Functional Expenses$5,157$17,600$0$22,757

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,757
Total Expenses per Audited Statements$22,757
Total Expenses per Form 990$22,757
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 A, Line 6

Members of the public who represent business, banking, labor, education, environmental organizations, cultural institutions and the community, or other professionals, are eligible to serve as members of the corporation. Membership shall consist of six members, each of whom shall serve on the board of directors of the corporation. Members shall be appointed by the mayor of the city of yonkers and shall each serve a three-year term.

Form 990, Part VI, Section A, Line 7A

Any or all of the directors may be removed for cause or without cause by the members.

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

The corporation's executive director and the treasurer, review the form 990. A meeting is also held with the entire board of directors. The board of directors are handed a copy of the form 990 for review and approval prior to filing the return. Any comments or changes are addressed prior to electronically filing the return.

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

The members of the board periodically review compliance with the conflict of interest policy, at every board meeting members are required to disclose if there any possible conflicts. No director, officer or employee of the corporation shall have or shall acquire any interest, direct or indirect, in any project which the corporation is promoting, or in any contract or proposed contract for material or services, or in any lease, mortgage, sale or contract of any nature whatever, relating to any such project or to the corporation, without forthwith making written disclosure to the corporation of the nature and extent of his/her interest. Such disclosure shall be entered in writing upon the minutes of the corporation. No director who has such interest shall vote on any matter relating to such interest. At the discretion of the board of directors, the acquisition or continuation of any such interest may be deemed cause for removal.

Form 990, Part VI, Section C, Line 19

The corporation's form 990 is available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, form 1023, and by-laws are also available upon written request or by calling the organization at (914)377-6080.

Filing and Contact Details

Filer

Filer Name
Yonkers Downtown Waterfront
EIN
13-3798295
Phone
9143776080
Address
87 NEPPERHAN AVENUE NO 307, YONKERS, NY 10701

Signing Officer

Name
Wilson Kimball
Title
Executive Director
Phone
9143776080
Signed
2020-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wilson Kimball
Formed
1994
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The corporation recognizes the effect of income tax positions only if the positions are more likely than not to be sustained. Management has determined that the corporation had no uncertain tax positions that would require financial statement recognition or disclosure. The corporation is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to december 31, 2015.

Raw XML AppendixShowing 400 of 409 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/BOYAmt029645
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt029672
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ENCOURAGE THE DEVELOPMENT AND RETENTION OF JOBS, BUSINESS AND INDUSTRY, TO FOSTER PROJECTS FOR COMMERICAL, RETAIL & RESIDENTIAL USES. TO DEVELOP THE CITY OF YONKERS DOWNTOWN WATERFRONT AREA.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN LISZEWSKI
IRS990/BooksInCareOfDetail/PhoneNum09143776080
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt087 NEPPERHAN AVENUE NO 307
IRS990/BooksInCareOfDetail/USAddress/CityNm0YONKERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt013547
IRS990/CashNonInterestBearingGrp/EOYAmt013561
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0316
IRS990/CYOtherExpensesAmt022757
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-22441
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt022757
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0316
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DURING THE 2019 FISCAL YEAR, THE MAIN OBJECTIVES OF THE YONKERS DOWNTOWN WATERFRONT DEVELOPMENT CORPORATION (THE "CORPORATION'') WERE WINDING DOWN ITS BUSINESS, PROCEEDING WLTH ITS DISSOLUTION, AND PERFORMING ROUTINE AND REQUIRED BUSINESS OPERATIONS.TO THIS END, THE CORPORATION DISPOSED OF ITS LAST REMAINING REAL PROPERTY ASSET, 60 BUENA VISTA AVE (1-511-30), PASSED RESOLUTIONS IN FURTHERANCE OF DISSOLUTION OF ITS CORPORATE STATUS, SUBMITTED, AND CONTINUED BASIC OPERATIONS, SUCH AS RETAINING COUNSEL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05157
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017600
IRS990/FeesForServicesAccountingGrp/TotalAmt017600
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01000
IRS990/FeesForServicesLegalGrp/TotalAmt01000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MAYOR MIKE SPANO
IRS990/Form990PartVIISectionAGrp/PersonNm1JIM CAVANAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN LISZEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm3JERROLD GOLDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIAM MASCETTA
IRS990/Form990PartVIISectionAGrp/PersonNm5RONALD SCHUTTE
IRS990/Form990PartVIISectionAGrp/PersonNm6BOB WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm7WILSON KIMBALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEPUTY MAYOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0225315
IRS990/GrossReceiptsAmt0225631
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03664
IRS990/InsuranceGrp/TotalAmt03664
IRS990/InvestmentIncomeGrp/ExclusionAmt0316
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0316
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010341
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0225315
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt010341
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0225315
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENCOURAGE THE DEVELOPMENT AND RETENTION OF JOBS, BUSINESS AND INDUSTRY, TO FOSTER PROJECTS FOR COMMERCIAL, RETAIL, AND RESIDENTIAL USES & JOBS AND TO DEVELOP THE CITY OF YONKERS DOWNTOWN WATERFRONT AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0333737
IRS990/NetAssetsOrFundBalancesEOYAmt0311296
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0333737
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0311296
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0366
IRS990/OccupancyGrp/TotalAmt0366
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0127
IRS990/OtherExpensesGrp/TotalAmt0127
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01106
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0805
IRS990/PrincipalOfficerNm0WILSON KIMBALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22441
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123414
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0326602
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS REVENUE - 2015 AMOUNT: $ 450. INSURANCE REFUND - 2015 AMOUNT: $ 273. FORGIVENESS OF ACCRUED INTEREST EXPENSE - 2016 AMOUNT: $ 168,300.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0220508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0444493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0665001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0316
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0210
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01280
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0163907
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0168300
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0723
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0169023
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79610
IRS990ScheduleA/PublicSupportPY170Pct00.86660
IRS990ScheduleA/PublicSupportTotal170Amt0665001
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0220508
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0444493
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0665001
IRS990ScheduleA/TotalSupportAmt0835304
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010341
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010341
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt022757
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0316
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CORPORATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CORPORATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt022757
IRS990ScheduleD/TotalRevenuePerForm990Amt0316
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0316
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt022757
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0LAND AT 60 BUENA VISTA AVENUE
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt060 BV YONKERS AMS LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02019-03-04
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0831157772
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0225315
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0LLC
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0COST
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 380
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0WEST HEMPSTEAD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd011552
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE PUBLIC WHO REPRESENT BUSINESS, BANKING, LABOR, EDUCATION, ENVIRONMENTAL ORGANIZATIONS, CULTURAL INSTITUTIONS AND THE COMMUNITY, OR OTHER PROFESSIONALS, ARE ELIGIBLE TO SERVE AS MEMBERS OF THE CORPORATION. MEMBERSHIP SHALL CONSIST OF SIX MEMBERS, EACH OF WHOM SHALL SERVE ON THE BOARD OF DIRECTORS OF THE CORPORATION. MEMBERS SHALL BE APPOINTED BY THE MAYOR OF THE CITY OF YONKERS AND SHALL EACH SERVE A THREE-YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY OR ALL OF THE DIRECTORS MAY BE REMOVED FOR CAUSE OR WITHOUT CAUSE BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION'S EXECUTIVE DIRECTOR AND THE TREASURER, REVIEW THE FORM 990. A MEETING IS ALSO HELD WITH THE ENTIRE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE HANDED A COPY OF THE FORM 990 FOR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN. ANY COMMENTS OR CHANGES ARE ADDRESSED PRIOR TO ELECTRONICALLY FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE BOARD PERIODICALLY REVIEW COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, AT EVERY BOARD MEETING MEMBERS ARE REQUIRED TO DISCLOSE IF THERE ANY POSSIBLE CONFLICTS. NO DIRECTOR, OFFICER OR EMPLOYEE OF THE CORPORATION SHALL HAVE OR SHALL ACQUIRE ANY INTEREST, DIRECT OR INDIRECT, IN ANY PROJECT WHICH THE CORPORATION IS PROMOTING, OR IN ANY CONTRACT OR PROPOSED CONTRACT FOR MATERIAL OR SERVICES, OR IN ANY LEASE, MORTGAGE, SALE OR CONTRACT OF ANY NATURE WHATEVER, RELATING TO ANY SUCH PROJECT OR TO THE CORPORATION, WITHOUT FORTHWITH MAKING WRITTEN DISCLOSURE TO THE CORPORATION OF THE NATURE AND EXTENT OF HIS/HER INTEREST. SUCH DISCLOSURE SHALL BE ENTERED IN WRITING UPON THE MINUTES OF THE CORPORATION. NO DIRECTOR WHO HAS SUCH INTEREST SHALL VOTE ON ANY MATTER RELATING TO SUCH INTEREST. AT THE DISCRETION OF THE BOARD OF DIRECTORS, THE ACQUISITION OR CONTINUATION OF ANY SUCH INTEREST MAY BE DEEMED CAUSE FOR REMOVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION AT (914)377-6080.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0136007340
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GOVERNMENT AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt040 SOUTH BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0363382
IRS990/TotalAssetsEOYAmt0340968
IRS990/TotalAssetsGrp/BOYAmt0363382
IRS990/TotalAssetsGrp/EOYAmt0340968
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05157
IRS990/TotalFunctionalExpensesGrp/TotalAmt022757
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029645
IRS990/TotalLiabilitiesEOYAmt029672
IRS990/TotalLiabilitiesGrp/BOYAmt029645
IRS990/TotalLiabilitiesGrp/EOYAmt029672
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0333737
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0311296
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt05157
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0316
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0316
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0363382
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0340968
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt087 NEPPERHAN AVENUE NO 307
IRS990/USAddress/CityNm0YONKERS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010701
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILSON KIMBALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09143776080
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YONKERS DOWNTOWN WATERFRONT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0YONK
ReturnHeader/Filer/EIN0133798295
ReturnHeader/Filer/PhoneNum09143776080
ReturnHeader/Filer/USAddress/AddressLine1Txt087 NEPPERHAN AVENUE NO 307
ReturnHeader/Filer/USAddress/CityNm0YONKERS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09616F4B14A694591D1E716C270910E6FA5556DA3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.190.81.120
ReturnHeader/FilingSecurityInformation/IPDt02020-11-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:58:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 MAMARONECK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARRISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.00$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.01$0.27$0.02$0.02$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.28$0.00$0.02$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.29$0.00$0.02$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.03$0.31$0.00$0.02$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.03$0.33$0.00$0.05$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.03$0.52$0.00$0.09$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.04$0.62$0.55$0.21$0.35
2015Detailed filing. Detailed filing data is available for this year.$2.13$1.86$0.27$0.58$0.34$0.24
2014Detailed filing. Detailed filing data is available for this year.$3.21$3.18$0.03$0.86$0.59$0.27
2013Detailed filing. Detailed filing data is available for this year.$3.06$3.30$0.24$0.62$0.41$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$3.91$0.45$1.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$4.29$0.89$2.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$4.68$1.10$2.23