Civic Intelligence

Brookside Redevelopment Company Inc.

990 • Fiscal year 2016 • EIN 16-1432250

Jan 01, 2016 to Dec 31, 2016 • Filed on May 05, 2017

5701 Brookside CirLowville, NY 13367-4144

(315) 376-4333

Siviq Scores

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

Liabilities / Assets

97th percentile

1.79x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

109.28x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Net Margin

1st percentile

-282%

Higher net margin than 1% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

36th percentile

$58,990

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 64.7% of source-year revenue.

2016 filings • NTEE L • $5M-$10M nonprofits • Source year 2016

Asset Growth

79th percentile

4.5%

Faster asset growth than 79% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-2.9%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,566,768

Up $237,241 (+4.5%) from 2015

Net Assets

Down

-$4,390,176

Down $257,399 (-6.2%) from 2015

Liabilities

Up

$9,956,944

Up $494,640 (+5.2%) from 2015

Revenue

Down

$91,117

Down $2,688 (-2.9%) from 2015

Expenses

Up

$348,516

Up $3,359 (+1.0%) from 2015

Net Income

Down

-$257,399

Down $6,047 (-2.4%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2010: $5,593,163Liabilities 2010: $8,533,970Net Assets 2010: -$2,940,8072010Assets 2011: $5,439,515Liabilities 2011: $8,609,306Net Assets 2011: -$3,169,7912011Assets 2012: $5,291,531Liabilities 2012: $8,692,094Net Assets 2012: -$3,400,5632012Assets 2013: $5,632,671Liabilities 2013: $9,265,999Net Assets 2013: -$3,633,3282013Assets 2014: $5,446,944Liabilities 2014: $9,328,369Net Assets 2014: -$3,881,4252014Assets 2015: $5,329,527Liabilities 2015: $9,462,304Net Assets 2015: -$4,132,7772015Assets 2016: $5,566,768Liabilities 2016: $9,956,944Net Assets 2016: -$4,390,1762016Assets 2017: $5,825,680Liabilities 2017: $10,486,908Net Assets 2017: -$4,661,2282017Assets 2018: $5,703,066Liabilities 2018: $10,642,845Net Assets 2018: -$4,939,7792018Assets 2019: $5,427,930Liabilities 2019: $10,658,489Net Assets 2019: -$5,230,5592019Assets 2020: $5,137,183Liabilities 2020: $10,658,500Net Assets 2020: -$5,521,3172020Assets 2021: $4,955,225Liabilities 2021: $10,765,016Net Assets 2021: -$5,809,7912021Assets 2022: $4,775,703Liabilities 2022: $10,872,013Net Assets 2022: -$6,096,3102022Assets 2023: $4,514,646Liabilities 2023: $10,896,471Net Assets 2023: -$6,381,8252023

Highlighted filing

2016

Assets$5,566,768
Liabilities$9,956,944
Net Assets-$4,390,176

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $317,2362010Revenue 2011: $88,355Expenses 2011: $317,339Net Income 2011: -$228,9842011Expenses 2012: $317,2192012Revenue 2013: $87,382Expenses 2013: $320,147Net Income 2013: -$232,7652013Revenue 2014: $93,353Expenses 2014: $341,450Net Income 2014: -$248,0972014Revenue 2015: $93,805Expenses 2015: $345,157Net Income 2015: -$251,3522015Revenue 2016: $91,117Expenses 2016: $348,516Net Income 2016: -$257,3992016Revenue 2017: $92,532Expenses 2017: $363,584Net Income 2017: -$271,0522017Revenue 2018: $98,022Expenses 2018: $376,573Net Income 2018: -$278,5512018Revenue 2019: $94,539Expenses 2019: $385,319Net Income 2019: -$290,7802019Revenue 2020: $92,975Expenses 2020: $383,733Net Income 2020: -$290,7582020Revenue 2021: $92,195Expenses 2021: $380,669Net Income 2021: -$288,4742021Revenue 2022: $93,740Expenses 2022: $380,259Net Income 2022: -$286,5192022Revenue 2023: $93,052Expenses 2023: $378,567Net Income 2023: -$285,5152023

Highlighted filing

2016

Revenue$91,117
Expenses$348,516
Net Income-$257,399
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 5, 2017
Return Version
2016v3.0
Gross Receipts
$91,117
Mission and Program Overview

Mission

To provide facilities to adirondack mennonite retirement community, inc. (a not-for-profit organization) for rental to persons 62 years of age or older.

To provide facilities to adirondack mennonite retirement community, inc.(a not-for-profit organization) for rental to persons 62 years of age or older.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,303,537$5,540,742▲ $237,205
Savings and Temporary Cash Investments$25,248$25,299▲ $51
Prepaid Expenses and Deferred Charges$742$727▼ $15
Total Assets$5,329,527$5,566,768▲ $237,241
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,377,843$9,852,407▲ $474,564
Accounts Payable and Accrued Expenses$84,461$104,537▲ $20,076
Total Liabilities$9,462,304$9,956,944▲ $494,640
Net Assets / Fund Balance
Unrestricted Net Assets$-4,132,777$-4,390,176▼ $257,399
Total Net Assets Fund Balance$-4,132,777$-4,390,176▼ $257,399
Total Liabilities and Net Assets / Fund Balance$5,329,527$5,566,768▲ $237,241

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,302,706$3,729,854$9,032,560
Equipment$144,036$437,695$581,731
Land$67,949-$67,949
Other Land Buildings$26,051$14,323$40,374
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jane LehmanManagerFT$58,990$58,990
Chris IngersollFinance ManagerFT$25,150$25,150

Board Members and Trustees

NameTitle
Joseph ZehrPresident
Nathan ZehrFirst Vice President
Bruce ChartrandSecond Vice President
Aaron WidrickDirector
Allan RaymondDirector
Bruce ChapmanDirector
Deborah SchellDirector
Edith ZehrDirector
Kevin RoggieDirector
Sandra RoesDirector
Joseph WidrickAdvisory Member
Rosanna MoserRecording Secretary
Gordon AllenSecretary
Loren BoliverTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Purcell ConstructionConstruction Of New Apartments566 COFFEEN ST, Watertown, NY 13601$415,939
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$90,200
Investment Income
$917
Other Revenue
$0
Change in Net Assets
$-257,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,516
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$246,591$11,725-$258,316
Occupancy-$90,200-$90,200
Total Functional Expenses$246,591$101,925$0$348,516
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

990 reviewed by management and board of directors.

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

All board officers and directors are required to disclose any and all potential conflicts of interest annually.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Brookside Redevelopment Co Inc
EIN
16-1432250
Phone
3153764333
Address
5701 BROOKSIDE CIR, LOWVILLE, NY 13367-4144

Signing Officer

Name
Joseph Zehr
Title
President
Phone
3153764333
Signed
2017-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Zehr
Formed
1992
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
BOWERS & COMPANY CPA'S PLLC
Address
1120 COMMERCE PARK DRIVE EAST, WATERTOWN, NY 13601
Preparer
Elizabeth a Bush
Phone
3157887690
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes from prior year

Financial Statement Notes

PART X, LINE 2:

The organization's form 990, return of organization exempt from income tax, for the years ended 2016, 2015, 2014, & 2013 are subject to examination by the irs, generally for three years after they were filed. Based on its analysis, the organization determined that there were no uncertain tax positions and that the organization should prevail upon examination by the taxing authority.

Raw XML Appendix394 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/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE PRESIDENT
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IRS990/PrincipalOfficerNm0JOSEPH ZEHR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900001
IRS990/ProgramServiceRevenueGrp/Desc0PROPERTY TAX RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01550
IRS990/PYOtherExpensesAmt0345157
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt092255
IRS990/PYRevenuesLessExpensesAmt0-251352
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0345157
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt093805
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-257399
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091066
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025248
IRS990/SavingsAndTempCashInvstGrp/EOYAmt025299
IRS990ScheduleA/ChurchInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05302706
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03729854
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09032560
IRS990ScheduleD/EquipmentGrp/BookValueAmt0144036
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0437695
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0581731
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt067949
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067949
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026051
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014323
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040374
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDED 2016, 2015, 2014, & 2013 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. BASED ON ITS ANALYSIS, THE ORGANIZATION DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT THE ORGANIZATION SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05540742
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 REVIEWED BY MANAGEMENT AND BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY AND ALL POTENTIAL CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05329527
IRS990/TotalAssetsEOYAmt05566768
IRS990/TotalAssetsGrp/BOYAmt05329527
IRS990/TotalAssetsGrp/EOYAmt05566768
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0246591
IRS990/TotalFunctionalExpensesGrp/TotalAmt0348516
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09462304
IRS990/TotalLiabilitiesEOYAmt09956944
IRS990/TotalLiabilitiesGrp/BOYAmt09462304
IRS990/TotalLiabilitiesGrp/EOYAmt09956944
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4132777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4390176
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0246591
IRS990/TotalProgramServiceRevenueAmt090200
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt051
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt091066
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091117
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05329527
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05566768
IRS990/TotReportableCompRltdOrgAmt084140
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-4132777
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-4390176
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05701 BROOKSIDE CIR
IRS990/USAddress/CityNm0LOWVILLE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0133674144
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH ZEHR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03153764333
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROOKSIDE REDEVELOPMENT CO INC
ReturnHeader/Filer/BusinessNameControlTxt0BROO
ReturnHeader/Filer/EIN0161432250
ReturnHeader/Filer/PhoneNum03153764333
ReturnHeader/Filer/USAddress/AddressLine1Txt05701 BROOKSIDE CIR
ReturnHeader/Filer/USAddress/CityNm0LOWVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0133674144
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B8F410956D1B2483350769F84223FC8B0CAA8745
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.122.120.34
ReturnHeader/FilingSecurityInformation/IPDt02017-05-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:21:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201317788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWERS & COMPANY CPA'S PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01120 COMMERCE PARK DRIVE EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013601
ReturnHeader/PreparerPersonGrp/PhoneNum03157887690
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH A BUSH
ReturnHeader/ReturnTs02017-05-15T08:49:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.51$10.9$6.38$0.09$0.38$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$10.9$6.10$0.09$0.38$0.29
2021Summary only. Only limited summary data is available for this year.$4.96$10.8$5.81$0.09$0.38$0.29
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$10.7$5.52$0.09$0.38$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$10.7$5.23$0.09$0.39$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$10.6$4.94$0.10$0.38$0.28
2017Summary only. Only limited summary data is available for this year.$5.83$10.5$4.66$0.09$0.36$0.27
2016Detailed filing. Detailed filing data is available for this year.$5.57$9.96$4.39$0.09$0.35$0.26
2015Detailed filing. Detailed filing data is available for this year.$5.33$9.46$4.13$0.09$0.35$0.25
2014Detailed filing. Detailed filing data is available for this year.$5.45$9.33$3.88$0.09$0.34$0.25
2013Detailed filing. Detailed filing data is available for this year.$5.63$9.27$3.63$0.09$0.32$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$8.69$3.40$0.32
2011Summary only. Only limited summary data is available for this year.$5.44$8.61$3.17$0.09$0.32$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$8.53$2.94$0.32
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $5M-$10M nonprofits