Civic Intelligence

Varick-Peterson Housing Development Fund

990 • Fiscal year 2023 • EIN 14-1548784

Mar 01, 2022 to Feb 28, 2023 • Filed on Jan 16, 2024

Organization ProfileN/A
121-a Varick HomesNewburgh, NY 12550

(845) 368-2400

Siviq Scores

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

Liabilities / Assets

26th percentile

0.08x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

0.20x

Higher debt load relative to revenue than 22% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Net Margin

41st percentile

-21%

Higher net margin than 41% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2023 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2023

Asset Growth

6th percentile

-9.4%

Faster asset growth than 6% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

2.2%

Faster revenue growth than 39% of similar nonprofits.

2023 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets26th percentile

Assets

Flat

$4,813,689

Flat from 2023

Net Assets

Flat

$4,413,976

Flat from 2023

Liabilities

Flat

$399,713

Flat from 2023

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin41st percentile

Revenue

Flat

$1,980,755

Flat from 2023

Expenses

Flat

$2,401,924

Flat from 2023

Net Income

Flat

-$421,169

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,233,653Liabilities 2011: $259,603Net Assets 2011: $2,974,0502011Assets 2012: $3,471,800Liabilities 2012: $282,022Net Assets 2012: $3,189,7782012Assets 2013: $3,593,423Liabilities 2013: $192,597Net Assets 2013: $3,400,8262013Assets 2014: $3,752,491Liabilities 2014: $218,916Net Assets 2014: $3,533,5752014Assets 2015: $4,148,550Liabilities 2015: $294,509Net Assets 2015: $3,854,0412015Assets 2016: $4,216,366Liabilities 2016: $233,926Net Assets 2016: $3,982,4402016Assets 2017: $4,603,021Liabilities 2017: $377,994Net Assets 2017: $4,225,0272017Assets 2018: $4,447,147Liabilities 2018: $268,660Net Assets 2018: $4,178,4872018Assets 2019: $4,513,392Liabilities 2019: $273,376Net Assets 2019: $4,240,0162019Assets 2020: $4,777,923Liabilities 2020: $311,871Net Assets 2020: $4,466,0522020Assets 2021: $5,053,967Liabilities 2021: $330,202Net Assets 2021: $4,723,7652021Assets 2022: $5,313,425Liabilities 2022: $478,280Net Assets 2022: $4,835,1452022Assets 2023: $4,813,689Liabilities 2023: $399,713Net Assets 2023: $4,413,9762023Assets 2023: $4,813,689Liabilities 2023: $399,713Net Assets 2023: $4,413,9762023Assets 2025: $5,118,942Liabilities 2025: $419,375Net Assets 2025: $4,699,5672025

Highlighted filing

2023

Assets$4,813,689
Liabilities$399,713
Net Assets$4,413,976
Open 2023 Filing

Operations Trend

Revenue Growth39th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,219,5482011Expenses 2012: $1,329,6922012Expenses 2013: $1,347,4342013Revenue 2014: $1,637,763Expenses 2014: $1,505,014Net Income 2014: $132,7492014Revenue 2015: $1,750,775Expenses 2015: $1,447,191Net Income 2015: $303,5842015Revenue 2016: $1,740,012Expenses 2016: $1,535,815Net Income 2016: $204,1972016Revenue 2017: $1,709,359Expenses 2017: $1,466,772Net Income 2017: $242,5872017Revenue 2018: $1,791,921Expenses 2018: $1,838,461Net Income 2018: -$46,5402018Revenue 2019: $1,824,291Expenses 2019: $1,762,762Net Income 2019: $61,5292019Revenue 2020: $1,853,823Expenses 2020: $1,627,787Net Income 2020: $226,0362020Revenue 2021: $1,845,760Expenses 2021: $1,588,047Net Income 2021: $257,7132021Revenue 2022: $1,938,262Expenses 2022: $1,826,882Net Income 2022: $111,3802022Revenue 2023: $1,980,755Expenses 2023: $2,401,924Net Income 2023: -$421,1692023Revenue 2023: $1,980,755Expenses 2023: $2,401,924Net Income 2023: -$421,1692023Revenue 2025: $2,150,951Expenses 2025: $2,230,229Net Income 2025: -$79,2782025

Highlighted filing

2023

Revenue$1,980,755
Expenses$2,401,924
Net Income-$421,169
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2022 to Feb 28, 2023
Signed
Jan 16, 2024
Return Version
2022v5.0
Gross Receipts
$1,980,755
Mission and Program Overview

Mission

LOW INCOME HOUSING

To provide low income housing for 122 units under the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,700,124$1,709,545▲ $9,421
Land, Buildings, and Equipment, Net$504,983$503,417▼ $1,566
Accounts Receivable$146,736$317,158▲ $170,422
Prepaid Expenses and Deferred Charges$66,421$118,817▲ $52,396
Cash and Non-Interest-Bearing Accounts$835,678$90,868▼ $744,810
Total Assets$5,313,425$4,813,689▼ $499,736
Other Assets Total$2,059,483$2,073,884▲ $14,401
Liabilities
Accounts Payable and Accrued Expenses$410,546$339,320▼ $71,226
Escrow Account Liability$47,785$50,168▲ $2,383
Other Liabilities$18,438$10,225▼ $8,213
Deferred Revenue$1,511$0▼ $1,511
Total Liabilities$478,280$399,713▼ $78,567
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,835,145$4,413,976▼ $421,169
Total Net Assets Fund Balance$4,835,145$4,413,976▼ $421,169
Total Liabilities and Net Assets / Fund Balance$5,313,425$4,813,689▼ $499,736

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$355,501$6,037,020$6,392,521
Equipment$128,916$83,272$212,188
Other Land Buildings$0$55,167$55,167
Land$19,000-$19,000
Other Assets Org$2,022,665--
Compensation and Service Providers
Top Officer Pay47th percentile

Board Members and Trustees

NameTitle
Ebony Perterson-andersonPresident
Riki Peterson-jichaVice-president/secretary
Richard Perterson IiiDirector
Onyx PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,095,707
Program Service Revenue
$847,183
Investment Income
$24,001
Other Revenue
$13,864
Change in Net Assets
$-421,169

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,980,755
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,980,755
Total Revenue per Form 990
$1,980,755
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,401,924
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
Occupancy$939,842$22,382-$962,224
Depreciation Depletion$141,420--$141,420
Fees for Services Management-$113,380-$113,380
Fees for Services Legal-$58,965-$58,965
Fees for Services Other$57,452--$57,452
Other Expenses$3,753$48,353-$52,106
Office Expenses$35,530$14,592-$50,122
Information Technology-$20,899-$20,899
Fees for Services Accounting-$8,631-$8,631
Advertising-$6,703-$6,703
Travel-$993-$993
Total Functional Expenses$1,613,028$788,896$0$2,401,924

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,401,924
Total Expenses per Audited Statements$2,401,924
Total Expenses per Form 990$2,401,924
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Hud$10,225
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“The following board members have a family relationship: ebony peterson-anderson, riki peterson-jicha, onyx peterson, and richard peterson.”

Form 990, Part VI, Section A, Line 3

“The entity purchases management services from unrelated management services corporations. During the year ended february 28, 2022, the entity engaged greystar management services, llp. These fees were chargeable at the higher of $10,000 per month or 2.5% of monthly gross rent collections. Total fees incurred for management services for the tax year ended february 28, 2022 was $113,380.”

Form 990, Part VI, Section A, Line 8B

“The entity does not have any committees with the authority to act on behalf of the governing body.”

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

“The entity has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. Once the form 990 has been prepared, reviewed by the treasurer and is ready to be filed with the internal revenue service, it is electronically sent to the board of directors and subsequently filed with the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“The entity makes its form 990 and form 1023 available for public inspection as required under section 6104 of the internal revenue code. The form 990 is also available on guidestar.org and other similar types of websites. In addition, the financial statements and articles of incorporation are also available upon written request.”

Filing and Contact Details

Filer

Filer Name
Varick-peterson Housing Development Fund
EIN
14-1548784
Phone
8453682400
Address
121-A VARICK HOMES, NEWBURGH, NY 12550

Signing Officer

Name
Onyx Peterson
Title
Treasurer
Phone
8453682400
Signed
2024-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ebony Peterson Anderson
Formed
1968
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“Funds for the personal use of residents and funds received as security deposits for services are held in trust for the residents by the entity. These funds are segregated in a separate interest-bearing account for the tenants' benefit and are not available for other uses.”

PART X, LINE 2:

“The entity recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the entity had no uncertain tax positions that would require financial statement recognition or disclosure. The entity is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to february 29, 2020.”

Raw XML AppendixShowing 400 of 438 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/SavingsAndTempCashInvstGrp/EOYAmt01709545
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY AND VENDING - 2020 AMOUNT: $ 10,532. 2021 AMOUNT: $ 15,359. 2022 AMOUNT: $ 10,824. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 1,485. 2021 AMOUNT: $ 2,518. 2022 AMOUNT: $ 3,040.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01095707
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01146431
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01053875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0985419
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0806404
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05087836
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt024001
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02683
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02401
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02525
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02244
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt033854
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0847183
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0771271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0777467
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0865879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01015643
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04277443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt024001
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02683
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02401
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02244
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt033854
IRS990ScheduleA/InvestmentIncomeCYPct00.00360
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt013864
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt017877
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt012017
IRS990ScheduleA/OtherIncome509Grp/TotalAmt043758
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99180
IRS990ScheduleA/PublicSupportPY509Pct00.99550
IRS990ScheduleA/PublicSupportTotal509Amt09365279
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01942890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01917702
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01831342
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01851298
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01822047
IRS990ScheduleA/Total509Grp/TotalAmt09365279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01980755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01938262
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01845760
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01853823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01824291
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09442891
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0355501
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06037020
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06392521
IRS990ScheduleD/EquipmentGrp/BookValueAmt0128916
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083272
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0212188
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02401924
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt019000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051219
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12022665
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECRUITY DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CASH ESCROW
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055167
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt055167
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO HUD
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01980755
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS FOR THE PERSONAL USE OF RESIDENTS AND FUNDS RECEIVED AS SECURITY DEPOSITS FOR SERVICES ARE HELD IN TRUST FOR THE RESIDENTS BY THE ENTITY. THESE FUNDS ARE SEGREGATED IN A SEPARATE INTEREST-BEARING ACCOUNT FOR THE TENANTS' BENEFIT AND ARE NOT AVAILABLE FOR OTHER USES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ENTITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ENTITY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FEBRUARY 29, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0503417
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02073884
IRS990ScheduleD/TotalExpensesPerForm990Amt02401924
IRS990ScheduleD/TotalLiabilityAmt010225
IRS990ScheduleD/TotalRevenuePerForm990Amt01980755
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01980755
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02401924
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP: EBONY PETERSON-ANDERSON, RIKI PETERSON-JICHA, ONYX PETERSON, AND RICHARD PETERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ENTITY PURCHASES MANAGEMENT SERVICES FROM UNRELATED MANAGEMENT SERVICES CORPORATIONS. DURING THE YEAR ENDED FEBRUARY 28, 2022, THE ENTITY ENGAGED GREYSTAR MANAGEMENT SERVICES, LLP. THESE FEES WERE CHARGEABLE AT THE HIGHER OF $10,000 PER MONTH OR 2.5% OF MONTHLY GROSS RENT COLLECTIONS. TOTAL FEES INCURRED FOR MANAGEMENT SERVICES FOR THE TAX YEAR ENDED FEBRUARY 28, 2022 WAS $113,380.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENTITY DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ENTITY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. ONCE THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE TREASURER AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD OF DIRECTORS AND SUBSEQUENTLY FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ENTITY MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS AND ARTICLES OF INCORPORATION ARE ALSO AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05313425
IRS990/TotalAssetsEOYAmt04813689
IRS990/TotalAssetsGrp/BOYAmt05313425
IRS990/TotalAssetsGrp/EOYAmt04813689
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01095707
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0788896
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01613028
IRS990/TotalFunctionalExpensesGrp/TotalAmt02401924
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0478280
IRS990/TotalLiabilitiesEOYAmt0399713
IRS990/TotalLiabilitiesGrp/BOYAmt0478280
IRS990/TotalLiabilitiesGrp/EOYAmt0399713
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04835145
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04413976
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01613028
IRS990/TotalProgramServiceRevenueAmt0847183
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt037865
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0847183
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01980755
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05313425
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04813689
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0993
IRS990/TravelGrp/TotalAmt0993
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0121-A VARICK HOMES
IRS990/USAddress/CityNm0NEWBURGH
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012550
IRS990/VotingMembersGoverningBodyCnt04

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,813,689
Liabilities
$399,713
Net assets
$4,413,976
Revenue
$1,980,755
Expenses
$2,401,924
Net income
-$421,169
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.12$0.42$4.70$2.15$2.23$0.08
2023Detailed filing. Detailed filing data is available for this year.$4.81$0.40$4.41$1.98$2.40$0.42
2023Summary only. Only limited summary data is available for this year.$4.81$0.40$4.41$1.98$2.40$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.31$0.48$4.84$1.94$1.83$0.11
2021Summary only. Only limited summary data is available for this year.$5.05$0.33$4.72$1.85$1.59$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.31$4.47$1.85$1.63$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$0.27$4.24$1.82$1.76$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.27$4.18$1.79$1.84$0.05
2017Summary only. Only limited summary data is available for this year.$4.60$0.38$4.23$1.71$1.47$0.24
2016Detailed filing. Detailed filing data is available for this year.$4.22$0.23$3.98$1.74$1.54$0.20
2015Summary only. Only limited summary data is available for this year.$4.15$0.29$3.85$1.75$1.45$0.30
2014Summary only. Only limited summary data is available for this year.$3.75$0.22$3.53$1.64$1.51$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.19$3.40$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$0.28$3.19$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.26$2.97$1.22