Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Lcs Housing Development Fund Company Inc
990EZ • Fiscal year 2018 • EIN 14-1822059
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.62x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
49th percentile
Higher net margin than 49% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Balance Sheet
Assets
Down$286,796
Down $52,890 (-16%) from 2017
Net Assets
Up$110,015
Up $3,489 (+3.3%) from 2017
Liabilities
Down$176,781
Down $56,379 (-24%) from 2017
Revenue And Expenses
Revenue
Up$176,286
Up $2,932 (+1.7%) from 2017
Expenses
Down$171,815
Down $11,415 (-6.2%) from 2017
Net Income
Up$4,471
Up $14,347 (+145%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jun 7, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $176,286
Mission and Program Overview
Mission
Low income housing for the disabled.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EXPENSES DIRECTLY RELATED TO THE CONTINUOUS MAINTENANCE AND OPERATION OF A 12 UNIT COMPLEX FOR THE DISABLED INDIVIDUALS IN SCHENECTADY, NEW YOK UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND SUBSTIDIZED BY A CONTRACT WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. | $0 | $107,769 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| THOMAS COATES | Director | - | $0 | - | - |
| REV LEO MARKERT | President | - | $0 | - | - |
| NOEL OLSEN | Treasurer/Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lcs Housing Development
- EIN
- 14-1822059
- Phone
- 5184590183
- Address
- 41 NORTH MAIN AVENUE, ALBANY, NY 12203
Signing Officer
- Name
- Rev Leo Markert
- Title
- President
- Phone
- 5184590183
- Signed
- 2019-06-07
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cna Tax Professionals Inc
- Address
- 8606 ALLISONVILLE RD STE 120, INDIANAPOLIS, IN 46250
- Preparer
- Shawn D Dreiman CPA
- Phone
- 3178413393
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest. Amount: 1,684.”
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: special claims revenue. Amount: 1,457. Description: laundry and vending . Amount: 730. Total to form 990-ez, line 8: 2,187.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: depreciation. Amount: 14,045. Description: interest. Amount: 14,937. Total to form 990-ez, line 16: 28,982.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: unrealized gain/loss on investments. Amount: -982.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 690. End of year amount: 198. Description: deferred revenue. Beg. Of year amount: 4,977. End of year amount: 4,892. Description: restricted deposits. Beg. Of year amount: 148,696. End of year amount: 85,942.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 58,604. End of year amount: 19,088. Description: deferred revenue. Beg. Of year amount: 16. End of year amount: 1. Description: secured mortgage and notes payable. Beg. Of year amount: 171,910. End of year amount: 154,722. Description: tenant deposits held in trust. Beg. Of year amount: 2,630. End of year amount: 2,970.”
Raw XML Appendix141 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | GLYNIS WALKER-ALSTON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5184590183 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 41 NORTH MAIN AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ALBANY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 122031414 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1493 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4343 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 145303 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4471 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 16185 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 339686 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 286796 |
| IRS990EZ/GrossReceiptsAmt | 0 | 176286 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1684 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 183830 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 191421 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 106526 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 110015 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 106526 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 110015 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 75390 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | THOMAS COATES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | REV LEO MARKERT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | NOEL OLSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER/SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 154363 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 91032 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -982 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28982 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2187 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | LOW INCOME HOUSING FOR THE DISABLED. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 27112 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EXPENSES DIRECTLY RELATED TO THE CONTINUOUS MAINTENANCE AND OPERATION OF A 12 UNIT COMPLEX FOR THE DISABLED INDIVIDUALS IN SCHENECTADY, NEW YOK UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND SUBSTIDIZED BY A CONTRACT WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 107769 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 51258 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 233160 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 176781 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 171815 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 107769 |
| IRS990EZ/TotalRevenueAmt | 0 | 176286 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | NA |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 1,684. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: SPECIAL CLAIMS REVENUE. AMOUNT: 1,457. DESCRIPTION: LAUNDRY AND VENDING . AMOUNT: 730. TOTAL TO FORM 990-EZ, LINE 8: 2,187. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DEPRECIATION. AMOUNT: 14,045. DESCRIPTION: INTEREST. AMOUNT: 14,937. TOTAL TO FORM 990-EZ, LINE 16: 28,982. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: UNREALIZED GAIN/LOSS ON INVESTMENTS. AMOUNT: -982. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 690. END OF YEAR AMOUNT: 198. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 4,977. END OF YEAR AMOUNT: 4,892. DESCRIPTION: RESTRICTED DEPOSITS. BEG. OF YEAR AMOUNT: 148,696. END OF YEAR AMOUNT: 85,942. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 58,604. END OF YEAR AMOUNT: 19,088. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 16. END OF YEAR AMOUNT: 1. DESCRIPTION: SECURED MORTGAGE AND NOTES PAYABLE. BEG. OF YEAR AMOUNT: 171,910. END OF YEAR AMOUNT: 154,722. DESCRIPTION: TENANT DEPOSITS HELD IN TRUST. BEG. OF YEAR AMOUNT: 2,630. END OF YEAR AMOUNT: 2,970. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | REV LEO MARKERT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5184590183 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-06-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LCS HOUSING DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FUND COMPANY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LCSH |
| ReturnHeader/Filer/EIN | 0 | 141822059 |
| ReturnHeader/Filer/PhoneNum | 0 | 5184590183 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 41 NORTH MAIN AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALBANY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 12203 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 69954AB7B88365E85264179B0021FE71187A4A62 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 40404695BA1382DBF6CFF4F53CBDC00D8996B33B |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 23.25.48.193 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-06-07 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:46:29 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 352102008 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CNA TAX PROFESSIONALS INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8606 ALLISONVILLE RD STE 120 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | INDIANAPOLIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 46250 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3178413393 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-06-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHAWN D DREIMAN CPA |
| ReturnHeader/ReturnTs | 0 | 2019-06-17T10:29:11-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $286,796
- Liabilities
- $176,781
- Net assets
- $110,015
- Revenue
- $176,286
- Expenses
- $171,815
- Net income
- $4,471