Civic Intelligence

The Residential Integrated Solutions Corporation

990EZ • Fiscal year 2016 • EIN 13-3851936

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileWWW.HOUSINGPARTNERSHIP.COM
242 West 36th StreetNew York, NY 10018

(646) 217-3370

Siviq Scores

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

Liabilities / Assets

99th percentile

3.91x

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

24887.11x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-1329%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

51st percentile

1.9%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

8th percentile

-43%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$222,746

Up $8,072 (+3.8%) from 2014

Net Assets

Down

-$648,303

Down $378 (-0.1%) from 2014

Liabilities

Up

$871,049

Up $8,450 (+1.0%) from 2014

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$35

Down $72 (-67%) from 2014

Expenses

Down

$500

Down $774 (-61%) from 2014

Net Income

Up

-$465

Up $702 (+60%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$2.0M$1.0M$0-$1.0MAssets 2011: $879,242Liabilities 2011: $1,526,334Net Assets 2011: -$647,0922011Assets 2012: $167,403Liabilities 2012: $814,218Net Assets 2012: -$646,8152012Assets 2013: $209,360Liabilities 2013: $856,118Net Assets 2013: -$646,7582013Assets 2014: $214,674Liabilities 2014: $862,599Net Assets 2014: -$647,9252014Assets 2016: $222,746Liabilities 2016: $871,049Net Assets 2016: -$648,3032016Assets 2017: $1Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$222,746
Liabilities$871,049
Net Assets-$648,303
Open 2016 Filing

Operations Trend

Revenue Growth8th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $765,5172011Revenue 2012: $487Expenses 2012: $210Net Income 2012: $2772012Revenue 2013: $82Expenses 2013: $25Net Income 2013: $572013Revenue 2014: $107Expenses 2014: $1,274Net Income 2014: -$1,1672014Revenue 2016: $35Expenses 2016: $500Net Income 2016: -$4652016Revenue 2017: $0Expenses 2017: $222,746Net Income 2017: -$222,7462017

Highlighted filing

2016

Revenue$35
Expenses$500
Net Income-$465
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$35
Mission and Program Overview

Mission

Determines eligibility of housing partnership development corporation projects for disbursements from the project default fund.

Program Services

DescriptionGrantsExpenses
THE RESIDENTIAL INTEGRATED SOLUTIONS CORPORATION IS ONE OF SEVERAL ENTITIES THAT WORK IN CONJUNCTION WITH HOUSING PARTNERSHIP DEVELOPMENT CORPORATION. HPDC ACTS AS NYC'S PRIMARY INTERMEDIARY FOR CONSTRUCTION OF NEW, AFFORDABLE HOMEOWNERSHIP HOUSING. HPDC LESSENS THE BURDENS OF GOVERNMENT BY FACILITATING INVOLVEMENT IN FEDERAL, STATE, AND MUNICIPAL GOVERNMENT HOUSING PROGRAMS. HPDC HAS OVERSEEN CONSTRUCTION OF AN AVERAGE OF 1,200 UNITS ANNUALLY THROUGH OUTSIDE PRIVATE SECTOR BUILDERS AND DEVELOPER, AND FULFILLS A UNIQUE ROLE DUE TO ITS EMPHASIS ON AFFORDABLE HOMEWOWNERSHIP FOR NYC RESIDENTS. RISCO HAS INCORPORATED IN SEPTEMBER 1995 AS AN INDEPENDENT CORPORATION WITH THE AUTHORITY TO DETERMINE THE ELIGIBILITY OF HPDC PROJECTS FOR DISBURSEMENTS FROM THE PROGRAM DEFAULT FUND.$0$0
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL MARTINPresident & CEO-$0--
WILLIAM FREYDirector-$0--
STEVEN HOCHBERGDirector-$0--
BARBARA SKARBINSKIDirector-$0--
SHELIA MARTINVice President-$0--
Filing and Contact Details

Filer

Filer Name
The Residential Integrated Solutions
EIN
13-3851936
Phone
6462173370
Address
242 WEST 36TH STREET, NEW YORK, NY 10018

Signing Officer

Name
Daniel Martin
Title
President
Phone
6462173370
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 35.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: due from hpdc. Beg. Of year amount: 0. End of year amount: 222,746.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: escrow liability- remedial work. Beg. Of year amount: 755,734. End of year amount: 753,234. Description: escrow liability- remedial work- hunts point wall. Beg. Of year amount: 5,144. End of year amount: 5,144. Description: escrow liability- cfa- client funds. Beg. Of year amount: 112,671. End of year amount: 112,671.”

Raw XML Appendix130 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum06462173370
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-648303
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-647838
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM FREY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEVEN HOCHBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BARBARA SKARBINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHELIA MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0222746
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0DETERMINES ELIGIBILITY OF HOUSING PARTNERSHIP DEVELOPMENT CORPORATION PROJECTS FOR DISBURSEMENTS FROM THE PROJECT DEFAULT FUND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE RESIDENTIAL INTEGRATED SOLUTIONS CORPORATION IS ONE OF SEVERAL ENTITIES THAT WORK IN CONJUNCTION WITH HOUSING PARTNERSHIP DEVELOPMENT CORPORATION. HPDC ACTS AS NYC'S PRIMARY INTERMEDIARY FOR CONSTRUCTION OF NEW, AFFORDABLE HOMEOWNERSHIP HOUSING. HPDC LESSENS THE BURDENS OF GOVERNMENT BY FACILITATING INVOLVEMENT IN FEDERAL, STATE, AND MUNICIPAL GOVERNMENT HOUSING PROGRAMS. HPDC HAS OVERSEEN CONSTRUCTION OF AN AVERAGE OF 1,200 UNITS ANNUALLY THROUGH OUTSIDE PRIVATE SECTOR BUILDERS AND DEVELOPER, AND FULFILLS A UNIQUE ROLE DUE TO ITS EMPHASIS ON AFFORDABLE HOMEWOWNERSHIP FOR NYC RESIDENTS. RISCO HAS INCORPORATED IN SEPTEMBER 1995 AS AN INDEPENDENT CORPORATION WITH THE AUTHORITY TO DETERMINE THE ELIGIBILITY OF HPDC PROJECTS FOR DISBURSEMENTS FROM THE PROGRAM DEFAULT FUND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0871049
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0500
IRS990EZ/TotalRevenueAmt035
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HOUSINGPARTNERSHIP.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE FROM HPDC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 222,746.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ESCROW LIABILITY- REMEDIAL WORK. BEG. OF YEAR AMOUNT: 755,734. END OF YEAR AMOUNT: 753,234. DESCRIPTION: ESCROW LIABILITY- REMEDIAL WORK- HUNTS POINT WALL. BEG. OF YEAR AMOUNT: 5,144. END OF YEAR AMOUNT: 5,144. DESCRIPTION: ESCROW LIABILITY- CFA- CLIENT FUNDS. BEG. OF YEAR AMOUNT: 112,671. END OF YEAR AMOUNT: 112,671.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06462173370
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RESIDENTIAL INTEGRATED SOLUTIONS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0RESI
ReturnHeader/Filer/EIN0133851936
ReturnHeader/Filer/PhoneNum06462173370
ReturnHeader/Filer/USAddress/AddressLine1Txt0242 WEST 36TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
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ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:21:24
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
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0105281633
ReturnHeader/PreparerPersonGrp/PhoneNum09143818900
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02017-11-15T15:35:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$222,746
Liabilities
$871,049
Net assets
-$648,303
Revenue
$35
Expenses
$500
Net income
-$465
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.22$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.87$0.65$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.86$0.65$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.21$0.86$0.65$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.81$0.65$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$1.53$0.65$0.77