Civic Intelligence

Albany Area Housing Opportunities Inc

EIN 14-1635255 • 501(c)3 • Albany, NY

Profile

Provision of safe, reasonable and affordable housing for economically eligible tenants. Approximate number of tenants served is 16.

246 Hudson AvenueAlbany, NY 12210-1802

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.05x

Higher debt load relative to assets than 56% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.07x

Higher debt load relative to revenue than 60% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Net Margin

80th percentile

45%

Higher net margin than 80% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE L • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

25%

Faster asset growth than 79% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

46%

Faster revenue growth than 84% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$180,815

Up $36,553 (+25%) from 2023

Liabilities

Down

$9,292

Down $20,707 (-69%) from 2023

Net Assets

Up

$171,523

Up $57,260 (+50%) from 2023

Operations
Liabilities / Revenue60th percentileNet Margin80th percentile

Revenue

Up

$125,481

Up $39,472 (+46%) from 2023

Expenses

Down

$68,597

Down $70,365 (-51%) from 2023

Net Income

Up

$56,884

Up $109,837 (+207%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

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

$400K$300K$200K$100K$0Assets 2010: $325,606Liabilities 2010: $36,913Net Assets 2010: $288,6932010Assets 2011: $295,914Liabilities 2011: $26,463Net Assets 2011: $269,4512011Assets 2012: $281,896Liabilities 2012: $22,575Net Assets 2012: $259,3212012Assets 2013: $288,785Liabilities 2013: $27,938Net Assets 2013: $260,8472013Assets 2014: $256,526Liabilities 2014: $13,942Net Assets 2014: $242,5842014Assets 2015: $264,094Liabilities 2015: $10,854Net Assets 2015: $253,2402015Assets 2016: $270,891Liabilities 2016: $8,685Net Assets 2016: $262,2062016Assets 2017: $269,878Liabilities 2017: $7,815Net Assets 2017: $262,0632017Assets 2018: $251,194Liabilities 2018: $7,593Net Assets 2018: $243,6012018Assets 2019: $253,790Liabilities 2019: $10,097Net Assets 2019: $243,6932019Assets 2020: $244,952Liabilities 2020: $10,272Net Assets 2020: $234,6802020Assets 2021: $235,885Liabilities 2021: $9,659Net Assets 2021: $226,2262021Assets 2022: $189,711Liabilities 2022: $11,204Net Assets 2022: $178,5072022Assets 2023: $144,262Liabilities 2023: $29,999Net Assets 2023: $114,2632023Assets 2024: $180,815Liabilities 2024: $9,292Net Assets 2024: $171,5232024

Highlighted filing

2024

Assets$180,815
Liabilities$9,292
Net Assets$171,523
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2010: $71,068Expenses 2010: $76,974Net Income 2010: -$5,9062010Revenue 2011: $78,205Expenses 2011: $84,286Net Income 2011: -$6,0812011Revenue 2012: $92,355Expenses 2012: $102,485Net Income 2012: -$10,1302012Revenue 2013: $89,163Expenses 2013: $92,547Net Income 2013: -$3,3842013Revenue 2014: $76,914Expenses 2014: $89,790Net Income 2014: -$12,8762014Revenue 2015: $84,916Expenses 2015: $80,213Net Income 2015: $4,7032015Revenue 2016: $83,847Expenses 2016: $78,737Net Income 2016: $5,1102016Revenue 2017: $83,108Expenses 2017: $86,428Net Income 2017: -$3,3202017Revenue 2018: $86,107Expenses 2018: $89,416Net Income 2018: -$3,3092018Revenue 2019: $86,365Expenses 2019: $98,319Net Income 2019: -$11,9542019Revenue 2020: $88,966Expenses 2020: $92,543Net Income 2020: -$3,5772020Revenue 2021: $81,338Expenses 2021: $100,697Net Income 2021: -$19,3592021Revenue 2022: $84,239Expenses 2022: $120,084Net Income 2022: -$35,8452022Revenue 2023: $86,009Expenses 2023: $138,962Net Income 2023: -$52,9532023Revenue 2024: $125,481Expenses 2024: $68,597Net Income 2024: $56,8842024

Highlighted filing

2024

Revenue$125,481
Expenses$68,597
Net Income$56,884
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,815
Liabilities
$9,292
Net assets
$171,523
Revenue
$125,481
Expenses
$68,597
Net income
$56,884
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.81$0.09$1.72$1.25$0.69$0.57
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.30$1.14$0.86$1.39$0.53
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.11$1.79$0.84$1.20$0.36
2021Detailed filing. Detailed filing data is available for this year.$2.36$0.10$2.26$0.81$1.01$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.45$0.10$2.35$0.89$0.93$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.54$0.10$2.44$0.86$0.98$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.51$0.08$2.44$0.86$0.89$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.70$0.08$2.62$0.83$0.86$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.71$0.09$2.62$0.84$0.79$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.64$0.11$2.53$0.85$0.80$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.57$0.14$2.43$0.77$0.90$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.89$0.28$2.61$0.89$0.93$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.23$2.59$0.92$1.02$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.26$2.69$0.78$0.84$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.37$2.89$0.71$0.77$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 4, 2025
Return Version
2024v5.0
Gross Receipts
$125,481
Mission and Program Overview

Mission

Provision of safe, reasonable and affordable housing for economically eligible tenants. Approximate number of tenants served is 16.

Program Services

DescriptionGrantsExpenses
Provision of safe, reasonable and affordable housing to economically eligible tenants. Approximate number of tenants served is 16.$0$73,781
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hannibal GalinPresident-$0--
Richard M BrashTreasurer-$0--
Paul KrugerSecretary-$0--
Alan RayBoard Member-$0--
Mandisa McKenzieBoard Member-$0--
Anthony MarianoBoard Member-$0--
Alan NorthrupBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Albany Area Housing Opportunities Inc
EIN
14-1635255
Phone
5184348584
Address
246 Hudson Avenue, Albany, NY 12210-1802

Signing Officer

Name
Richard Brash
Title
Treasurer
Phone
5184348584
Signed
2025-05-04
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Depreciation;6877^Total;6877^”

Form 990-EZ, Part I, Line 20

“Description;Amount^Unrealized Gain on Investment;376^Total;376^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Accounts Receivable;-1108|Undeposited Funds;4127^Total;3019^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Accounts Payable;1604|Security Deposits;7688^Total;9292^”

Raw XML Appendix192 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/OfficerDirectorTrusteeEmplGrp/PersonNm6Alan Northrup
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1interest income - 990
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Brash
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05184348584
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-04
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ReturnHeader/Filer/BusinessNameControlTxt0ALBA
ReturnHeader/Filer/EIN0141635255
ReturnHeader/Filer/PhoneNum05184348584
ReturnHeader/Filer/USAddress/AddressLine1Txt0246 Hudson Avenue
ReturnHeader/Filer/USAddress/CityNm0Albany
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0122101802
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ReturnHeader/ReturnTs02025-05-04T15:11:59-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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