Civic Intelligence

Better Community Housing Development Fund Co Inc

EIN 14-1565842 • 501(c)4 • Saugerties, NY

Profile

Provided low income housing to senior citizens in saugerties, new york

155 Main StreetSaugerties, NY 12477

n/A

Siviq Scores

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

Liabilities / Assets

47th percentile

0.03x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

52nd percentile

0.06x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Net Margin

34th percentile

0.2%

Higher net margin than 34% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

33rd percentile

-0.0%

Faster asset growth than 33% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

45th percentile

5.2%

Faster revenue growth than 45% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$1,471,141

Down $301 (-0.0%) from 2024

Liabilities

Down

$42,988

Down $1,966 (-4.4%) from 2024

Net Assets

Up

$1,428,153

Up $1,665 (+0.1%) from 2024

Revenue

Up

$685,283

Up $34,036 (+5.2%) from 2024

Expenses

Up

$683,618

Up $56,624 (+9.0%) from 2024

Net Income

Down

$1,665

Down $22,588 (-93%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,113,626Liabilities 2011: $275,974Net Assets 2011: $837,6522011Assets 2012: $1,121,142Liabilities 2012: $236,515Net Assets 2012: $884,6272012Assets 2013: $1,110,907Liabilities 2013: $183,261Net Assets 2013: $927,6462013Assets 2014: $1,087,427Liabilities 2014: $122,980Net Assets 2014: $964,4472014Assets 2015: $1,070,013Liabilities 2015: $59,375Net Assets 2015: $1,010,6382015Assets 2016: $1,126,886Liabilities 2016: $33,036Net Assets 2016: $1,093,8502016Assets 2017: $1,175,082Liabilities 2017: $32,393Net Assets 2017: $1,142,6892017Assets 2018: $1,251,634Liabilities 2018: $35,914Net Assets 2018: $1,215,7202018Assets 2019: $1,209,412Liabilities 2019: $33,553Net Assets 2019: $1,175,8592019Assets 2020: $1,241,011Liabilities 2020: $35,771Net Assets 2020: $1,205,2402020Assets 2021: $1,341,596Liabilities 2021: $36,798Net Assets 2021: $1,304,7982021Assets 2022: $1,470,754Liabilities 2022: $35,149Net Assets 2022: $1,435,6052022Assets 2024: $1,471,442Liabilities 2024: $44,954Net Assets 2024: $1,426,4882024Assets 2025: $1,471,141Liabilities 2025: $42,988Net Assets 2025: $1,428,1532025

Highlighted filing

2025

Assets$1,471,141
Liabilities$42,988
Net Assets$1,428,153

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $422,1902011Expenses 2012: $444,8472012Expenses 2013: $460,0972013Revenue 2014: $510,465Expenses 2014: $473,664Net Income 2014: $36,8012014Revenue 2015: $526,371Expenses 2015: $480,180Net Income 2015: $46,1912015Revenue 2016: $511,608Expenses 2016: $428,396Net Income 2016: $83,2122016Revenue 2017: $512,824Expenses 2017: $463,985Net Income 2017: $48,8392017Revenue 2018: $512,419Expenses 2018: $439,388Net Income 2018: $73,0312018Revenue 2019: $532,236Expenses 2019: $572,097Net Income 2019: -$39,8612019Revenue 2020: $540,686Expenses 2020: $511,305Net Income 2020: $29,3812020Revenue 2021: $573,667Expenses 2021: $474,109Net Income 2021: $99,5582021Revenue 2022: $572,274Expenses 2022: $441,467Net Income 2022: $130,8072022Revenue 2024: $651,247Expenses 2024: $626,994Net Income 2024: $24,2532024Revenue 2025: $685,283Expenses 2025: $683,618Net Income 2025: $1,6652025

Highlighted filing

2025

Revenue$685,283
Expenses$683,618
Net Income$1,665

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.04$1.43$0.69$0.68$0.00
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.04$1.43$0.65$0.63$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.04$1.44$0.57$0.44$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.04$1.30$0.57$0.47$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.04$1.21$0.54$0.51$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.03$1.18$0.53$0.57$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.04$1.22$0.51$0.44$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.03$1.14$0.51$0.46$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.03$1.09$0.51$0.43$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.06$1.01$0.53$0.48$0.05
2014Summary only. Only limited summary data is available for this year.$1.09$0.12$0.96$0.51$0.47$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.18$0.93$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.24$0.88$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.28$0.84$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 27, 2025
Return Version
2024v5.2
Gross Receipts
$685,283
Mission and Program Overview

Mission

Provided low income housing to senior citizens in saugerties, new york

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,061,167$1,092,139▲ $30,972
Land, Buildings, and Equipment, Net$401,112$332,871▼ $68,241
Prepaid Expenses and Deferred Charges$9,163$11,387▲ $2,224
Total Assets$1,471,442$1,471,141▼ $301
Other Assets Total-$34,744-
Liabilities
Other Liabilities$31,533$34,744▲ $3,211
Accounts Payable and Accrued Expenses$12,164$7,133▼ $5,031
Deferred Revenue$1,257$1,111▼ $146
Total Liabilities$44,954$42,988▼ $1,966
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,426,488$1,428,153▲ $1,665
Total Net Assets Fund Balance$1,426,488$1,428,153▲ $1,665
Total Liabilities and Net Assets / Fund Balance$1,471,442$1,471,141▼ $301

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$185,649$1,813,692$1,999,341
Equipment$4,966$173,651$178,617
Leasehold Improvements$90,647$73,096$163,743
Land$51,609-$51,609
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert SchnellPresident
William MurphyVice President
Albert HrdlicaBoard Member
Carolyn MainesBoard Member
Jack M WilseyBoard Member
James GageBoard Member
John HarrisBoard Member
Mary FrankBoard Member
Robert SiracusanoBoard Member
Matthew C HallProject Manager
Beverly HarrisSecretary
Alicia MccaigTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$641,628
Investment Income
$43,655
Other Revenue
$0
Change in Net Assets
$1,665
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$427,832
Salaries, Compensation, and Employee Benefits$255,786
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$163,155$28,792-$191,947
Occupancy$70,472--$70,472
Depreciation Depletion$61,025$7,216-$68,241
Office Expenses$23,338$23,337-$46,675
Other Employee Benefits$21,589$3,810-$25,399
Pension Plan Contributions-$23,589-$23,589
Insurance$21,011$2,334-$23,345
Advertising$15,490--$15,490
Payroll Taxes$12,623$2,228-$14,851
All Other Expenses$10,353--$10,353
Other Expenses$9,423--$9,423
Information Technology$3,690$934-$4,624
Fees for Services Other$800--$800
Total Functional Expenses$591,378$92,240$0$683,618
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Escrow Deposits$34,744
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

The board secretary is married to a board memeber, she is also the sister of another board member. Her position is a volunteer position and no salary is paid so the conflict is not material.

Governing body decisions Part VI line 7B

Us department of housing and urban development reviews tenant and applicant related decisions.

Form 990 governing body review Part VI line 11

Returns are reviewed at a regular board meeting prior to filing.

Conflict of interest policy compliance Part VI line 12C

Vendors, applicants and employees are reviewed with the board and management periodically and any relationships are made known to all prior to board decisions so all transactions can be made at arms length.

CEO executive director top management comp Part VI line 15A

All salaries are reviewed at least annually and compared to other hud projects of similar size.

Other officer or key employee compensation Part VI line 15B

All salaries are reviewed at least annually and compared to other hud projects of similar size.

Governing documents etc available to public Part VI line 19

Governing documents, conflict of interest policy and financial statements are available upon request at the organizations offices during normal business hours.

Filing and Contact Details

Filer

Filer Name
Better Community Housing Development Fund Co Inc
EIN
14-1565842
In Care Of
% ROBERT SCHNELL
Phone
8452470612
Address
155 MAIN STREET, SAUGERTIES, NY 12477

Signing Officer

Name
Robert Schnell
Title
President
Phone
8452470612
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Schnell
Formed
1979
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
3

Preparer

Firm
Matthew C Hall & Co Cpas Llp
Address
155 STOCKADE DR, Kingston, NY 12401
Preparer
Matthew C Hall CPA
Phone
8457060520
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Tenant events $6036auto expense $600filing fees $ 250bank charges $2267education $1200total $10,353

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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/OccupancyGrp/TotalAmt070472
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IRS990/OfficeExpensesGrp/ProgramServicesAmt023338
IRS990/OfficeExpensesGrp/TotalAmt046675
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt034744
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03810
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021589
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025399
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2SNOW REMOVAL
IRS990/OtherExpensesGrp/Desc3REFUSE REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0172317
IRS990/OtherExpensesGrp/ProgramServicesAmt13792
IRS990/OtherExpensesGrp/ProgramServicesAmt22300
IRS990/OtherExpensesGrp/ProgramServicesAmt39423
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011387
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14995
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD SECRETARY IS MARRIED TO A BOARD MEMEBER, SHE IS ALSO THE SISTER OF ANOTHER BOARD MEMBER. HER POSITION IS A VOLUNTEER POSITION AND NO SALARY IS PAID SO THE CONFLICT IS NOT MATERIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT REVIEWS TENANT AND APPLICANT RELATED DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RETURNS ARE REVIEWED AT A REGULAR BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VENDORS, APPLICANTS AND EMPLOYEES ARE REVIEWED WITH THE BOARD AND MANAGEMENT PERIODICALLY AND ANY RELATIONSHIPS ARE MADE KNOWN TO ALL PRIOR TO BOARD DECISIONS SO ALL TRANSACTIONS CAN BE MADE AT ARMS LENGTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL SALARIES ARE REVIEWED AT LEAST ANNUALLY AND COMPARED TO OTHER HUD PROJECTS OF SIMILAR SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL SALARIES ARE REVIEWED AT LEAST ANNUALLY AND COMPARED TO OTHER HUD PROJECTS OF SIMILAR SIZE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICES DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TENANT EVENTS $6036AUTO EXPENSE $600FILING FEES $ 250BANK CHARGES $2267EDUCATION $1200TOTAL $10,353
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0683618
IRS990/TotalGrossUBIAmt00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0641628
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0685283
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01471141
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0155 MAIN STREET
IRS990/USAddress/CityNm0SAUGERTIES
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012477
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SCHNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08452470612
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETTER COMMUNITY HOUSING DEVELOPMENT FUND CO INC
ReturnHeader/Filer/BusinessNameControlTxt0BETT
ReturnHeader/Filer/EIN0141565842
ReturnHeader/Filer/InCareOfNm0% ROBERT SCHNELL
ReturnHeader/Filer/PhoneNum08452470612
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0SAUGERTIES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012477
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MATTHEW C HALL & CO CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0155 STOCKADE DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kingston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012401
ReturnHeader/PreparerPersonGrp/PhoneNum08457060520
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW C HALL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-11T11:34:46-04:00
ReturnHeader/ReturnTypeCd0990

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