Civic Intelligence

Central District Management Association Inc

990 • Fiscal year 2022 • EIN 14-1803886

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.CENTRALBID.COM

View Organization Page

176 Central AveAlbany, NY 12206

(518) 462-4300

Siviq Scores

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

Liabilities / Assets

86th percentile

0.56x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

2.49x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

36th percentile

-2.7%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-4.5%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets86th percentile

Assets

Flat

$3,183,103

Flat from 2022

Net Assets

Flat

$1,404,001

Flat from 2022

Liabilities

Flat

$1,779,102

Flat from 2022

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin17th percentile

Revenue

Flat

$713,635

Flat from 2022

Expenses

Down

$819,684

Down $4 (-0.0%) from 2022

Net Income

Up

-$106,049

Up $4 (+0.0%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $550,571Liabilities 2011: $190,512Net Assets 2011: $360,0592011Assets 2012: $405,843Liabilities 2012: $190,065Net Assets 2012: $215,7782012Assets 2013: $376,736Liabilities 2013: $163,195Net Assets 2013: $213,5412013Assets 2014: $340,519Liabilities 2014: $159,674Net Assets 2014: $180,8452014Assets 2015: $352,586Liabilities 2015: $178,738Net Assets 2015: $173,8482015Assets 2016: $376,334Liabilities 2016: $213,172Net Assets 2016: $163,1622016Assets 2017: $838,319Liabilities 2017: $396,856Net Assets 2017: $441,4632017Assets 2018: $1,212,761Liabilities 2018: $326,259Net Assets 2018: $886,5022018Assets 2019: $3,578,643Liabilities 2019: $1,863,402Net Assets 2019: $1,715,2412019Assets 2020: $3,679,627Liabilities 2020: $1,906,070Net Assets 2020: $1,773,5572020Assets 2021: $3,273,033Liabilities 2021: $1,762,983Net Assets 2021: $1,510,0502021Assets 2022: $3,183,103Liabilities 2022: $1,779,102Net Assets 2022: $1,404,0012022Assets 2022: $3,183,103Liabilities 2022: $1,779,102Net Assets 2022: $1,404,0012022Assets 2023: $3,198,160Liabilities 2023: $1,722,319Net Assets 2023: $1,475,8412023Assets 2024: $3,021,915Liabilities 2024: $1,768,189Net Assets 2024: $1,253,7262024

Highlighted filing

2022

Assets$3,183,103
Liabilities$1,779,102
Net Assets$1,404,001
Open 2022 Filing

Operations Trend

Revenue Growth33rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $713,6902011Expenses 2012: $673,5052012Revenue 2013: $607,310Expenses 2013: $609,547Net Income 2013: -$2,2372013Revenue 2014: $594,807Expenses 2014: $627,503Net Income 2014: -$32,6962014Revenue 2015: $604,095Expenses 2015: $611,092Net Income 2015: -$6,9972015Revenue 2016: $567,187Expenses 2016: $577,873Net Income 2016: -$10,6862016Revenue 2017: $721,544Expenses 2017: $469,658Net Income 2017: $251,8862017Revenue 2018: $908,989Expenses 2018: $463,950Net Income 2018: $445,0392018Revenue 2019: $1,415,934Expenses 2019: $587,195Net Income 2019: $828,7392019Revenue 2020: $777,821Expenses 2020: $719,505Net Income 2020: $58,3162020Revenue 2021: $747,035Expenses 2021: $701,431Net Income 2021: $45,6042021Revenue 2022: $713,635Expenses 2022: $819,684Net Income 2022: -$106,0492022Revenue 2022: $713,635Expenses 2022: $819,688Net Income 2022: -$106,0532022Revenue 2023: $1,262,384Expenses 2023: $1,190,545Net Income 2023: $71,8392023Revenue 2024: $956,794Expenses 2024: $1,178,909Net Income 2024: -$222,1152024

Highlighted filing

2022

Revenue$713,635
Expenses$819,684
Net Income-$106,049
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$713,635
Mission and Program Overview

Mission

Restore viability of central avenue business district

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,645,468$2,650,107▲ $4,639
Cash and Non-Interest-Bearing Accounts$514,680$451,043▼ $63,637
Pledges and Grants Receivable$100,284$77,744▼ $22,540
Accounts Receivable$11,468$2,454▼ $9,014
Prepaid Expenses and Deferred Charges$1,133$1,755▲ $622
Total Assets$3,273,033$3,183,103▼ $89,930
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,715,936$1,542,409▼ $173,527
Other Liabilities$12,623$154,198▲ $141,575
Accounts Payable and Accrued Expenses$34,424$56,315▲ $21,891
Deferred Revenue-$26,180-
Total Liabilities$1,762,983$1,779,102▲ $16,119
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,443,144$1,337,095▼ $106,049
Net Assets With Donor Restrictions$66,906$66,906→ $0
Total Net Assets Fund Balance$1,510,050$1,404,001▼ $106,049
Total Liabilities and Net Assets / Fund Balance$3,273,033$3,183,103▼ $89,930

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,576,804$329,758$2,906,562
Other Land Buildings$73,303$18,117$91,420
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Anthony CapeceExecutive DirectorFT$120,000$120,000

Board Members and Trustees

NameTitle
David ParenteBoard Chair
Ken MortensenVice Chair
Darius ShahinfarDirector
Frank ZeoliDirector
HON MICHAEL O'BRIENDirector
Hyde ClarkeDirector
Jeff MirelDirector
John VeroDirector
Jonathan ScherzerDirector
Peter HughesDirector
Sarah ReginelliDirector
Wonhyung LeeDirector
Elliott RosenCorporate Secretary
Dan SandersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$690,956
Program Service Revenue
$20,882
Investment Income
$1,577
Other Revenue
$220
All Other Contributions
$77,744
Change in Net Assets
$-106,049
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$497,166
Salaries, Compensation, and Employee Benefits$315,704
Grants and Similar Amounts Paid$6,814
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$117,923$13,717-$131,640
Current Officers, Directors, Trustees, and Key Employees$90,000$30,000-$120,000
Depreciation Depletion$70,632$23,544-$94,176
Interest$65,975$21,992-$87,967
Other Employee Benefits$32,409$10,803-$43,212
Office Expenses-$30,439-$30,439
Insurance$22,509$7,503-$30,012
Fees for Services Accounting-$30,000-$30,000
All Other Expenses$17,734$7,843-$25,577
Payroll Taxes$17,418$3,434-$20,852
Fees for Services Other$18,042$2,304-$20,346
Fees for Services Legal-$17,040-$17,040
Other Expenses$12,530$11,027-$12,530
Travel-$9,164-$9,164
Grants to Domestic Orgs$6,814--$6,814
Conferences and Meetings-$5,511-$5,511
Advertising-$947-$947
Fees for Services Management-$193-$193
Total Functional Expenses$579,260$240,424$0$819,684
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
Sba Loan$146,201
Payroll Liabilities$5,364
Capital Lease Obligation$2,633
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The association has three voting classes of general membership. Class a are owners of real property in the district as registerd with the city of albany to receive real property tax bills. Class b are tenants who are occupants pursuant to leases of commercial space within the district. Class c are persons by virtue of their appointment as municipal representatives and any designees of these appointments must be employees or owners of the related member tenancy they represent.”

Form 990, Part VI, Section A, Line 7A

“Class c members have the ability to appoint a designee to serve.”

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

“The association provides a complete copy of the form 990 to all members of its governing body for review on an annual basis before filing the form.”

Form 990, Part VI, Section B, Line 12C

“The association provides the board with the conflict of interest policy on an annual basis.”

Form 990, Part VI, Section B, Line 15A

“Compensation is reviewed and approved by the board”

Form 990, Part VI, Section C, Line 19

“The association makes its governing documents and financial statements available to the public upon request and on its website.”

Filing and Contact Details

Filer

Filer Name
Central District Management Association
EIN
14-1803886
Phone
5184624300
Address
176 CENTRAL AVE, ALBANY, NY 12206

Signing Officer

Name
Anthony Capece
Title
Executive Director
Phone
5184624300
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Capece
Formed
1998
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
10
Volunteers
14

Preparer

Firm
Sciarabba Walker & Co Llp
Address
410 EAST UPLAND ROAD, ITHACA, NY 14850
Preparer
Christopher E Mott
Phone
6072725550
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has an audit committee comprised of all members of the board who are responsible for the oversight of the audit and selection of the independent accountant.”

Raw XML AppendixShowing 400 of 500 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/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07503
IRS990/InsuranceGrp/ProgramServicesAmt022509
IRS990/InsuranceGrp/TotalAmt030012
IRS990/InterestGrp/ManagementAndGeneralAmt021992
IRS990/InterestGrp/ProgramServicesAmt065975
IRS990/InterestGrp/TotalAmt087967
IRS990/InvestmentIncomeGrp/ExclusionAmt01577
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01577
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0347875
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02645468
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02650107
IRS990/LandBldgEquipCostOrOtherBssAmt02997982
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE BELOW.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01715936
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01542409
IRS990/NetAssetsOrFundBalancesBOYAmt01510050
IRS990/NetAssetsOrFundBalancesEOYAmt01404001
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0220
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0220
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01443144
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01337095
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030439
IRS990/OfficeExpensesGrp/TotalAmt030439
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010803
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032409
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043212
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2HOLIDAY PROGRAM
IRS990/OtherExpensesGrp/Desc3VEHICLE AND EQUIPMENT R
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014963
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111027
IRS990/OtherExpensesGrp/ProgramServicesAmt044890
IRS990/OtherExpensesGrp/ProgramServicesAmt133082
IRS990/OtherExpensesGrp/ProgramServicesAmt229302
IRS990/OtherExpensesGrp/ProgramServicesAmt312530
IRS990/OtherExpensesGrp/TotalAmt059853
IRS990/OtherExpensesGrp/TotalAmt144109
IRS990/OtherExpensesGrp/TotalAmt229302
IRS990/OtherExpensesGrp/TotalAmt312530
IRS990/OtherLiabilitiesGrp/BOYAmt012623
IRS990/OtherLiabilitiesGrp/EOYAmt0154198
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0117923
IRS990/OtherSalariesAndWagesGrp/TotalAmt0131640
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03434
IRS990/PayrollTaxesGrp/ProgramServicesAmt017418
IRS990/PayrollTaxesGrp/TotalAmt020852
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0100284
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt077744
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01133
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01755
IRS990/PrincipalOfficerNm0ANTHONY CAPECE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561439
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018590
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12292
IRS990/ProgSrvcAccomActy2Grp/Desc0CORRIDOR DEVELOPMENT THIS PROGRAM INCLUDES THE WORK DONE BY THE ASSOCIATION'S STAFF TO RECRUIT AND ASSIST IN THE ECONOMIC DEVELOPMENT OF THE BUSINESS IMPROVEMENT DISTRICT (BID). ACTIVITIES OF THIS PROGRAM INCLUDE BUT ARE NOT LIMITED TO INTERACTING WITH PROPERTY OWNERS ONREAL ESTATE AND NEW BUSINESS DEVELOPMENT, RESPONDING TO REQUESTS FOR AVAILABLE PROPERTIES, PLANNING AND DEVELOPMENT WITH A COMMUNITY PARTNER AND DEVELOPING STRATEGIC PARTNERS TO BRING NEEDED RESOURCES AND EFFORTS TO THE BID AREA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0286932
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0350000
IRS990/ProgSrvcAccomActy3Grp/Desc0STEAM GARDEN THIS PROGRAM ENCOMPASSES THE DEVELOPMENT AND OPERATION OF THE 279 CENTRAL AVENUE PROPERTY. ACTIVITIES INCLUDE PRIMARILY THE SUPERVISION OF THE CONSTRUCTION AND FUTURE PROGRAM PLANNING OF THE BUILDING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0159116
IRS990/ProgSrvcAccomActy3Grp/GrantAmt06814
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0200000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MARKETING/PROMOTION THIS PROGRAM IS RESPONSIBLE FOR BANNERS, MURALS, AND PUBLIC ART, EVENTS, PROMOTION OF THE AREA AND AN ECONOMIC OPPURTUNITY, PARTNERSHIPS WITH REGIONAL AND OTHER SIMILAR ECONOMIC DEVELOPMENT PROGRAMS, ETC.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01848
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0106259
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0738852
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06379
IRS990/PYInvestmentIncomeAmt01531
IRS990/PYOtherExpensesAmt0413443
IRS990/PYOtherRevenueAmt06652
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt045604
IRS990/PYSalariesCompEmpBnftPaidAmt0281609
IRS990/PYTotalExpensesAmt0701431
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0747035
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-106049
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0235000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0690956
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0738852
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0776808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01422168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0893735
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04522519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01577
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01806
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt020882
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportPY170Pct00.99640
IRS990ScheduleA/PublicSupportTotal170Amt04522519
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0690956
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0738852
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0776808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01422168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0893735
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04522519
IRS990ScheduleA/TotalSupportAmt04524325
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/BuildingsGrp/BookValueAmt02576804
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0329758
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02906562
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt073303
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018117
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt091420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1146201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22633
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SBA LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CAPITAL LEASE OBLIGATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02650107
IRS990ScheduleD/TotalLiabilityAmt0154198
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS THREE VOTING CLASSES OF GENERAL MEMBERSHIP. CLASS A ARE OWNERS OF REAL PROPERTY IN THE DISTRICT AS REGISTERD WITH THE CITY OF ALBANY TO RECEIVE REAL PROPERTY TAX BILLS. CLASS B ARE TENANTS WHO ARE OCCUPANTS PURSUANT TO LEASES OF COMMERCIAL SPACE WITHIN THE DISTRICT. CLASS C ARE PERSONS BY VIRTUE OF THEIR APPOINTMENT AS MUNICIPAL REPRESENTATIVES AND ANY DESIGNEES OF THESE APPOINTMENTS MUST BE EMPLOYEES OR OWNERS OF THE RELATED MEMBER TENANCY THEY REPRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASS C MEMBERS HAVE THE ABILITY TO APPOINT A DESIGNEE TO SERVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ASSOCIATION PROVIDES A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY FOR REVIEW ON AN ANNUAL BASIS BEFORE FILING THE FORM.

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,183,103
Liabilities
$1,779,102
Net assets
$1,404,001
Revenue
$713,635
Expenses
$819,684
Net income
-$106,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.02$1.77$1.25$0.96$1.18$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.20$1.72$1.48$1.26$1.19$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.18$1.78$1.40$0.71$0.82$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.18$1.78$1.40$0.71$0.82$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.27$1.76$1.51$0.75$0.70$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.68$1.91$1.77$0.78$0.72$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.58$1.86$1.72$1.42$0.59$0.83
2018Detailed filing. Detailed filing data is available for this year.$1.21$0.33$0.89$0.91$0.46$0.45
2017Detailed filing. Detailed filing data is available for this year.$0.84$0.40$0.44$0.72$0.47$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.21$0.16$0.57$0.58$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.18$0.17$0.60$0.61$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.16$0.18$0.59$0.63$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.38$0.16$0.21$0.61$0.61$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.19$0.22$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.19$0.36$0.71