Civic Intelligence

East Greenbush Housing Development Fund Company Inc

990 • Fiscal year 2016 • EIN 14-1730707

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 25, 2017

Organization Profilewww.rcda.org
41 North Main AvenueAlbany, NY 12203

(518) 459-0183

Siviq Scores

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

Liabilities / Assets

82nd percentile

1.34x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

5.28x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Net Margin

48th percentile

-6.9%

Higher net margin than 48% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2016 filings • NTEE L • $1M-$5M nonprofits • Source year 2016

Asset Growth

74th percentile

1.7%

Faster asset growth than 74% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-2.1%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$1,864,936

Up $30,297 (+1.7%) from 2015

Net Assets

Down

-$638,678

Down $33,187 (-5.5%) from 2015

Liabilities

Up

$2,503,614

Up $63,484 (+2.6%) from 2015

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin48th percentile

Revenue

Down

$474,412

Down $10,078 (-2.1%) from 2015

Expenses

Up

$507,319

Up $51,403 (+11%) from 2015

Net Income

Down

-$32,907

Down $61,481 (-215%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,862,951Liabilities 2011: $2,538,865Net Assets 2011: -$675,9142011Assets 2012: $1,859,457Liabilities 2012: $2,534,427Net Assets 2012: -$674,9702012Assets 2013: $1,881,355Liabilities 2013: $2,528,844Net Assets 2013: -$647,4892013Assets 2014: $1,883,149Liabilities 2014: $2,517,214Net Assets 2014: -$634,0652014Assets 2015: $1,834,639Liabilities 2015: $2,440,130Net Assets 2015: -$605,4912015Assets 2016: $1,864,936Liabilities 2016: $2,503,614Net Assets 2016: -$638,6782016Assets 2017: $1,709,038Liabilities 2017: $2,385,411Net Assets 2017: -$676,3732017Assets 2018: $1,719,354Liabilities 2018: $2,420,623Net Assets 2018: -$701,2692018Assets 2019: $1,586,030Liabilities 2019: $2,327,906Net Assets 2019: -$741,8762019Assets 2020: $1,476,601Liabilities 2020: $2,281,861Net Assets 2020: -$805,2602020Assets 2021: $1,439,557Liabilities 2021: $2,239,305Net Assets 2021: -$799,7482021Assets 2022: $1,428,254Liabilities 2022: $2,219,403Net Assets 2022: -$791,1492022Assets 2023: $1,472,748Liabilities 2023: $2,260,632Net Assets 2023: -$787,8842023Assets 2024: $1,369,898Liabilities 2024: $2,137,882Net Assets 2024: -$767,9842024Assets 2025: $1,336,267Liabilities 2025: $2,056,806Net Assets 2025: -$720,5392025

Highlighted filing

2016

Assets$1,864,936
Liabilities$2,503,614
Net Assets-$638,678
Open 2016 Filing

Operations Trend

Revenue Growth26th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $484,891Expenses 2011: $484,897Net Income 2011: -$62011Revenue 2012: $470,772Expenses 2012: $469,828Net Income 2012: $9442012Revenue 2013: $480,405Expenses 2013: $448,942Net Income 2013: $31,4632013Revenue 2014: $476,247Expenses 2014: $462,823Net Income 2014: $13,4242014Revenue 2015: $484,490Expenses 2015: $455,916Net Income 2015: $28,5742015Revenue 2016: $474,412Expenses 2016: $507,319Net Income 2016: -$32,9072016Revenue 2017: $485,060Expenses 2017: $522,755Net Income 2017: -$37,6952017Revenue 2018: $492,709Expenses 2018: $517,605Net Income 2018: -$24,8962018Revenue 2019: $499,675Expenses 2019: $540,282Net Income 2019: -$40,6072019Revenue 2020: $506,036Expenses 2020: $535,386Net Income 2020: -$29,3502020Revenue 2021: $529,062Expenses 2021: $523,550Net Income 2021: $5,5122021Revenue 2022: $533,838Expenses 2022: $525,239Net Income 2022: $8,5992022Revenue 2023: $532,719Expenses 2023: $529,454Net Income 2023: $3,2652023Revenue 2024: $558,347Expenses 2024: $538,447Net Income 2024: $19,9002024Revenue 2025: $589,272Expenses 2025: $541,827Net Income 2025: $47,4452025

Highlighted filing

2016

Revenue$474,412
Expenses$507,319
Net Income-$32,907
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 25, 2017
Return Version
2015v3.0
Gross Receipts
$474,412
Mission and Program Overview

Mission

Low-income housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,018,906$1,090,971▲ $72,065
Savings and Temporary Cash Investments$623,130$530,162▼ $92,968
Cash and Non-Interest-Bearing Accounts$53,352$108,745▲ $55,393
Intangible Assets$102,530$98,303▼ $4,227
Prepaid Expenses and Deferred Charges$17,954$16,487▼ $1,467
Accounts Receivable-$1,308-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$1,834,639$1,864,936▲ $30,297
Other Assets Total$18,767$18,960▲ $193
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,405,720$2,376,236▼ $29,484
Accounts Payable and Accrued Expenses$15,638$108,380▲ $92,742
Other Liabilities$18,767$18,960▲ $193
Deferred Revenue$5$38▲ $33
Total Liabilities$2,440,130$2,503,614▲ $63,484
Net Assets / Fund Balance
Unrestricted Net Assets$-605,491$-638,678▼ $33,187
Total Net Assets Fund Balance$-605,491$-638,678▼ $33,187
Total Liabilities and Net Assets / Fund Balance$1,834,639$1,864,936▲ $30,297

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,017,843$1,971,503$2,989,346
Other Land Buildings$18,270$89,551$107,821
Land$50,000-$50,000
Equipment$4,858$44,532$49,390
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Richard GalvinPresident
Honorable Andrew G CeresiaDirector
William DedrickDirector
Jan MedvedTreasurer
Thomas CoatesVP/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$305,919
Program Service Revenue
$165,214
Investment Income
$187
Other Revenue
$3,092
Change in Net Assets
$-32,907

Audited Revenue Reconciliation

Revenue per Audited Statements
$474,412
Total Revenue per Audited Statements
$474,412
Total Revenue per Form 990
$474,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$439,686
Salaries, Compensation, and Employee Benefits$67,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$157,462--$157,462
Depreciation Depletion$87,503--$87,503
Office Expenses$60,264$9,367-$69,631
Other Salaries and Wages$7,050$43,164-$50,214
Occupancy$44,796--$44,796
Fees for Services Management-$26,970-$26,970
Insurance$25,897--$25,897
Fees for Services Accounting-$15,306-$15,306
Other Employee Benefits$14,511--$14,511
Other Expenses-$9,733-$9,733
Payroll Taxes$2,908--$2,908
Fees for Services Legal-$1,910-$1,910
Advertising-$478-$478
Total Functional Expenses$400,391$106,928$0$507,319

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$507,319
Total Expenses per Audited Statements$507,319
Total Expenses per Form 990$507,319
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$18,960
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Line 3: Description of Delegated Duties to Management Company

“The Project entered into a management agreement with DePaul Housing Management Company, whereby in return for providing management services to the Project.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“form 990 was presented, reviewed and approved by board of directors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“upon request.”

Filing and Contact Details

Filer

Filer Name
East Greenbush Housing Development
EIN
14-1730707
Phone
5184590183
Address
41 NORTH MAIN AVENUE, ALBANY, NY 12203

Signing Officer

Name
Richard Galvin
Title
President
Signed
2017-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Galvin
Formed
1990
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The entity adopted the FASB standard for Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded.”

Raw XML AppendixShowing 400 of 401 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015638
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0108380
IRS990/AccountsReceivableGrp/EOYAmt01308
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LOW-INCOME HOUSING FOR THE ELDERLY
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0478
IRS990/AdvertisingGrp/TotalAmt0478
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DEPAUL HOUSING MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum05184590183
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt041 NORTH MAIN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBANY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012203
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt053352
IRS990/CashNonInterestBearingGrp/EOYAmt0108745
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0305919
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0187
IRS990/CYOtherExpensesAmt0439686
IRS990/CYOtherRevenueAmt03092
IRS990/CYProgramServiceRevenueAmt0165214
IRS990/CYRevenuesLessExpensesAmt0-32907
IRS990/CYSalariesCompEmpBnftPaidAmt067633
IRS990/CYTotalExpensesAmt0507319
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0474412
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt05
IRS990/DeferredRevenueGrp/EOYAmt038
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt087503
IRS990/DepreciationDepletionGrp/TotalAmt087503
IRS990/Desc0EXPENSES DIRECTLY RELATE TO THE CONTINUOUS MAINTENANCE AND OPERATIONS OF A 50 UNIT COMPLEX FOR ELDERLY INDIVIDUALS IN RENSSELAER, NEW YORK UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND SUBSIDIZED BY A CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0400391
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015306
IRS990/FeesForServicesAccountingGrp/TotalAmt015306
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01910
IRS990/FeesForServicesLegalGrp/TotalAmt01910
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt026970
IRS990/FeesForServicesManagementGrp/TotalAmt026970
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM DEDRICK
IRS990/Form990PartVIISectionAGrp/PersonNm1HONORABLE ANDREW G CERESIA
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS COATES
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD GALVIN
IRS990/Form990PartVIISectionAGrp/PersonNm4JAN MEDVED
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0305919
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0474412
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt025897
IRS990/InsuranceGrp/TotalAmt025897
IRS990/IntangibleAssetsGrp/BOYAmt0102530
IRS990/IntangibleAssetsGrp/EOYAmt098303
IRS990/InterestGrp/ProgramServicesAmt0157462
IRS990/InterestGrp/TotalAmt0157462
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0187
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0187
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02105586
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01018906
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01090971
IRS990/LandBldgEquipCostOrOtherBssAmt03196557
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0LOW-INCOME HOUSING FOR THE ELDERLY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02405720
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02376236
IRS990/NetAssetsOrFundBalancesBOYAmt0-605491
IRS990/NetAssetsOrFundBalancesEOYAmt0-638678
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-280
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt044796
IRS990/OccupancyGrp/TotalAmt044796
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09367
IRS990/OfficeExpensesGrp/ProgramServicesAmt060264
IRS990/OfficeExpensesGrp/TotalAmt069631
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt018767
IRS990/OtherAssetsTotalGrp/EOYAmt018960
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014511
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09733
IRS990/OtherExpensesGrp/TotalAmt09733
IRS990/OtherLiabilitiesGrp/BOYAmt018767
IRS990/OtherLiabilitiesGrp/EOYAmt018960
IRS990/OtherRevenueMiscGrp/BusinessCd0454210
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt192
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt192
IRS990/OtherRevenueTotalAmt03092
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043164
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07050
IRS990/OtherSalariesAndWagesGrp/TotalAmt050214
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt02908
IRS990/PayrollTaxesGrp/TotalAmt02908
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017954
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016487
IRS990/PrincipalOfficerNm0RICHARD GALVIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165214
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165214
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0315924
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04222
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0381618
IRS990/PYOtherRevenueAmt03000
IRS990/PYProgramServiceRevenueAmt0161344
IRS990/PYRevenuesLessExpensesAmt028574
IRS990/PYSalariesCompEmpBnftPaidAmt074298
IRS990/PYTotalExpensesAmt0455916
IRS990/PYTotalRevenueAmt0484490
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-32907
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0474225
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0623130
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0530162
IRS990ScheduleA/ChurchInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01017843
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01971503
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02989346
IRS990ScheduleD/EquipmentGrp/BookValueAmt04858
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049390
IRS990ScheduleD/ExpensesSubtotalAmt0507319
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018270
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089551
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0107821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018960
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0474412
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The entity adopted the FASB standard for Accounting for Uncertainty in Income Taxes, the entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01090971
IRS990ScheduleD/TotalExpensesPerForm990Amt0507319
IRS990ScheduleD/TotalLiabilityAmt018960
IRS990ScheduleD/TotalRevenuePerForm990Amt0474412
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0474412
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0507319
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Project entered into a management agreement with DePaul Housing Management Company, whereby in return for providing management services to the Project.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1form 990 was presented, reviewed and approved by board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01834639
IRS990/TotalAssetsEOYAmt01864936
IRS990/TotalAssetsGrp/BOYAmt01834639
IRS990/TotalAssetsGrp/EOYAmt01864936
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0305919
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106928
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0400391
IRS990/TotalFunctionalExpensesGrp/TotalAmt0507319
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02440130
IRS990/TotalLiabilitiesEOYAmt02503614
IRS990/TotalLiabilitiesGrp/BOYAmt02440130
IRS990/TotalLiabilitiesGrp/EOYAmt02503614
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-605491
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-638678
IRS990/TotalProgramServiceExpensesAmt0400391
IRS990/TotalProgramServiceRevenueAmt0165214
IRS990/TotalRevenueGrp/ExclusionAmt0187
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0168306
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0474412
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01834639
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01864936
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-605491
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-638678
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012 SADDLE HILL ROAD
IRS990/USAddress/CityNm0WYNANTSKILL
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012198
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.rcda.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD GALVIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST GREENBUSH HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0141730707
ReturnHeader/Filer/PhoneNum05184590183
ReturnHeader/Filer/USAddress/AddressLine1Txt041 NORTH MAIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CNA Tax Professionals Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08606 Allisonville Rd Ste 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046250
ReturnHeader/PreparerPersonGrp/PhoneNum03178413393
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shawn D Dreiman CPA
ReturnHeader/ReturnTs02017-02-25T07:21:00-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,864,936
Liabilities
$2,503,614
Net assets
-$638,678
Revenue
$474,412
Expenses
$507,319
Net income
-$32,907
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.34$2.06$0.72$0.59$0.54$0.05
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$2.14$0.77$0.56$0.54$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$2.26$0.79$0.53$0.53$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$2.22$0.79$0.53$0.53$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$2.24$0.80$0.53$0.52$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$2.28$0.81$0.51$0.54$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$2.33$0.74$0.50$0.54$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$2.42$0.70$0.49$0.52$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$2.39$0.68$0.49$0.52$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.86$2.50$0.64$0.47$0.51$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.83$2.44$0.61$0.48$0.46$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.88$2.52$0.63$0.48$0.46$0.01
2013Summary only. Only limited summary data is available for this year.$1.88$2.53$0.65$0.48$0.45$0.03
2012Summary only. Only limited summary data is available for this year.$1.86$2.53$0.67$0.47$0.47$0.00
2011Summary only. Only limited summary data is available for this year.$1.86$2.54$0.68$0.48$0.48$0.00