Civic Intelligence

Schenectady Housing Development Fund Corporation

990EZ • Fiscal year 2012 • EIN 16-1524400

Jan 01, 2012 to Dec 31, 2012 • Filed on Mar 19, 2013

Organization Profilewww.cityofschenectady.com
105 Jay Street12305
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$49,749

Down $7,790 (-14%) from 2011

Net Assets

Down

$5,793

Down $8,313 (-59%) from 2011

Liabilities

Up

$43,956

Up $523 (+1.2%) from 2011

Revenue And Expenses

Revenue

Down

$35,747

Down $28,208 (-44%) from 2011

Expenses

Down

$44,060

Down $18,881 (-30%) from 2011

Net Income

Down

-$8,313

Down $9,327 (-920%) from 2011

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $73,998Liabilities 2010: $60,906Net Assets 2010: $13,0922010Assets 2011: $57,539Liabilities 2011: $43,433Net Assets 2011: $14,1062011Assets 2012: $49,749Liabilities 2012: $43,956Net Assets 2012: $5,7932012Assets 2013: $47,661Liabilities 2013: $30,147Net Assets 2013: $17,5142013Assets 2014: $45,096Liabilities 2014: $36,408Net Assets 2014: $8,6882014Assets 2015: $43,656Liabilities 2015: $34,478Net Assets 2015: $9,1782015Assets 2016: $64,226Liabilities 2016: $44,616Net Assets 2016: $19,6102016Assets 2017: $44,494Liabilities 2017: $32,555Net Assets 2017: $11,9392017Assets 2018: $80,788Liabilities 2018: $52,268Net Assets 2018: $28,5202018Assets 2019: $97,565Liabilities 2019: $65,171Net Assets 2019: $32,3942019Assets 2020: $66,544Liabilities 2020: $53,265Net Assets 2020: $13,2792020Assets 2021: $57,323Liabilities 2021: $46,516Net Assets 2021: $10,8072021Assets 2022: $60,972Liabilities 2022: $27,109Net Assets 2022: $33,8632022Assets 2023: $57,831Liabilities 2023: $10,892Net Assets 2023: $46,9392023Assets 2024: $72,335Liabilities 2024: $8,609Net Assets 2024: $63,7262024

Highlighted filing

2012

Assets$49,749
Liabilities$43,956
Net Assets$5,793
Open 2012 Filing

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $97,877Expenses 2010: $105,693Net Income 2010: -$7,8162010Revenue 2011: $63,955Expenses 2011: $62,941Net Income 2011: $1,0142011Revenue 2012: $35,747Expenses 2012: $44,060Net Income 2012: -$8,3132012Revenue 2013: $50,729Expenses 2013: $39,008Net Income 2013: $11,7212013Revenue 2014: $85,257Expenses 2014: $94,083Net Income 2014: -$8,8262014Revenue 2015: $57,085Expenses 2015: $56,595Net Income 2015: $4902015Revenue 2016: $101,089Expenses 2016: $90,657Net Income 2016: $10,4322016Revenue 2017: $24,402Expenses 2017: $32,073Net Income 2017: -$7,6712017Revenue 2018: $172,388Expenses 2018: $155,807Net Income 2018: $16,5812018Revenue 2019: $126,045Expenses 2019: $122,171Net Income 2019: $3,8742019Revenue 2020: $90,909Expenses 2020: $110,024Net Income 2020: -$19,1152020Revenue 2021: $85,606Expenses 2021: $88,078Net Income 2021: -$2,4722021Revenue 2022: $24,819Expenses 2022: $1,763Net Income 2022: $23,0562022Revenue 2023: $19,832Expenses 2023: $6,756Net Income 2023: $13,0762023Revenue 2024: $17,646Expenses 2024: $858Net Income 2024: $16,7882024

Highlighted filing

2012

Revenue$35,747
Expenses$44,060
Net Income-$8,313
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Mar 19, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

The Organization was formed for the purpose of developing and providing housing for low and\or moderate income persons in the City of Schenectady.

Filing and Contact Details

Filer

EIN
16-1524400
Raw XML Appendix201 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/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY014314
IRS990EZ/CashSavingsAndInvestments/EOY016003
IRS990EZ/ContributionsGiftsGrantsEtc017500
IRS990EZ/CostOfGoodsSold00
IRS990EZ/CostOtherBasisAndSalesExpenses00
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-8313
IRS990EZ/FeesAndOthPymtToIndContractors04135
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/Form720Filed0false
IRS990EZ/FundraisingGrossIncome00
IRS990EZ/GrantsAndSimilarAmountsPaid029475
IRS990EZ/GrossReceipts035747
IRS990EZ/GrossReceiptsForPublicUse00
IRS990EZ/GrossReceiptsLessThan250000X
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartV0X
IRS990EZ/InitiationFeesAndCapitalContri00
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY014106
IRS990EZ/NetAssetsOrFundBalancesBOY014106
IRS990EZ/NetAssetsOrFundBalances/EOY05793
IRS990EZ/NetAssetsOrFundBalancesEOY05793
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition040.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition13.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition23.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition33.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition43.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition53.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition63.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition73.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition83.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition93.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition103.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition113.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition123.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation60
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation70
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation80
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation90
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation100
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation110
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation120
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Ahmad Yusufi
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Michael Krywinski
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Sharon Jordon
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Lawrence T Dahlke Esq
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Delores Doriguzzi
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5Ann Petersen
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6Horace Perryman Jr
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7Cathy Lewis
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName8Jeffrey W Clark
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName9Mayor Gary McCarthy
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName10Father Michael Hogan
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName11Joseph Reidhammer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName12Joseph Allen
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Executive Direc
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Vice Chairwoman
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Chairman
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title8Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title9Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title10Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title11Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title12Director
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationFiled990T0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY043225
IRS990EZ/OtherAssetsTotal/EOY033746
IRS990EZ/OtherExpensesTotal010450
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0The Organization was formed for the purpose of developing and providing housing for low and\or moderate income persons in the City of Schenectady.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Home buyers assistance program which provides funds to home buyers of the Schenectady area when other funding sources are unavailable.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations039925
IRS990EZ/ProgramServiceRevenue018247
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/RelatedOrgSection527Org0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SpecialEventsDirectExpenses00
IRS990EZ/StatesWhereCopyOfReturnIsFiled0NY
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY043433
IRS990EZ/SumOfTotalLiabilities/EOY043956
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10105 Jay Street Room 14
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Schenectady
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0NY
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode012305
IRS990EZ/TheBooksAreInCareOf/NamePerson0Elizabeth Nelson
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber05183825147
IRS990EZ/TotalAssets/BOY057539
IRS990EZ/TotalAssets/EOY049749
IRS990EZ/TotalExpenses044060
IRS990EZ/TotalProgramServiceExpenses039925
IRS990EZ/TotalRevenue035747
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0www.cityofschenectady.com
IRS990ScheduleA/AmountsSubstContributorsTotal00
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear017500
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year034000
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years066403
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years093700
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years015800
IRS990ScheduleA/GiftsGrantsContribReceived170/Total0227403
IRS990ScheduleA/GrossInvestmentIncome170/Total00
IRS990ScheduleA/NetUBI/Total00
IRS990ScheduleA/OtherIncome170/Total00
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17001.00000
IRS990ScheduleA/PublicSupportPertcentPriorYear01.00000
IRS990ScheduleA/PublicSupportTotal1700227403
IRS990ScheduleA/TaxRevLeviedForOrgBenefit170/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear017500
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year034000
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years066403
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years093700
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years015800
IRS990ScheduleA/Total170/Total0227403
IRS990ScheduleA/TotalSupport0227403
IRS990ScheduleA/ValueSrvcFcltsFurnishedByGovt/Total00
IRS990ScheduleO/GeneralExplanation/Explanation0Deferred Revenue - Beginning $43225 Deferred Revenue - Ending $43746
IRS990ScheduleO/GeneralExplanation/Explanation1Accounts Payable and Accrued Expenses - Beginning $208 Accounts Payable and Accrued Expenses - Ending $210
IRS990ScheduleO/GeneralExplanation/Explanation2Notes and Loans Receivable - Beginning $43225 Notes and Loans Receivable - Ending $33746
IRS990ScheduleO/GeneralExplanation/Explanation3Miscellaneous $625
IRS990ScheduleO/GeneralExplanation/Explanation4Loans made $9825
IRS990ScheduleO/GeneralExplanation/Explanation5| Donee's Name: Catherine Smith | Donee's Address: 217 Marriott Avenue Schenectady, NY 12304 | Relationship of Donee: None | Cash Amount Given: $6000
IRS990ScheduleO/GeneralExplanation/Explanation6| Donee's Name: Wilfred & Tracy Devyour | Donee's Address: 317 Elder Street Schenectady, NY 12304 | Relationship of Donee: None | Cash Amount Given: $5625
IRS990ScheduleO/GeneralExplanation/Explanation7| Donee's Name: Ruth Melendez | Donee's Address: 953 Pennsylvania Schenectady, NY 12303 | Relationship of Donee: None | Cash Amount Given: $5625
IRS990ScheduleO/GeneralExplanation/Explanation8| Donee's Name: Stacy Lunford | Donee's Address: 14 Alvey Street Schenectady, NY 12304 | Relationship of Donee: None | Cash Amount Given: $7500
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990-EZ, Part II, Line 26.1003
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990-EZ, Part II, Line 26.1001
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990-EZ, Part II, Line 24.1009
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990-EZ, Part I, Line 10.5
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990-EZ, Part I, Line 10.4
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990-EZ, Part I, Line 10.3
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990-EZ, Part I, Line 10.1
IRS990ScheduleO/GeneralExplanation/ReturnReference0Total Liabilities.1003
IRS990ScheduleO/GeneralExplanation/ReturnReference1Total Liabilities.1001
IRS990ScheduleO/GeneralExplanation/ReturnReference2Other Assets.1009
IRS990ScheduleO/GeneralExplanation/ReturnReference3Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference4Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference5Grants and Similar Amounts Paid In Excess of $5,000.5
IRS990ScheduleO/GeneralExplanation/ReturnReference6Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/GeneralExplanation/ReturnReference7Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/GeneralExplanation/ReturnReference8Grants and Similar Amounts Paid In Excess of $5,000.1
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0161524400
ReturnHeader/Filer/Name/BusinessNameLine10Schenectady Housing Development
ReturnHeader/Filer/Name/BusinessNameLine20Fund Corporation
ReturnHeader/Filer/NameControl0SCHE
ReturnHeader/Filer/Phone05183825147
ReturnHeader/Filer/USAddress/AddressLine10105 Jay Street
ReturnHeader/Filer/USAddress/City0Schenectady
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode012305
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-03-19
ReturnHeader/Officer/Name0Ahmad Yusufi
ReturnHeader/Officer/Title0Executive Direc
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Lubbe & Hosey CPAs PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10187 Wolf Road Suite 305
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Albany
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode012205
ReturnHeader/Preparer/Name0Steven J Lubbe
ReturnHeader/Preparer/Phone05184549355
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-03-22T05:09:44-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$49,749
Liabilities
$43,956
Net assets
$5,793
Revenue
$35,747
Expenses
$44,060
Net income
-$8,313
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.09$0.64$0.18$0.01$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.11$0.47$0.20$0.07$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.61$0.27$0.34$0.25$0.02$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.47$0.11$0.86$0.88$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.53$0.13$0.91$1.10$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.65$0.32$1.26$1.22$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.52$0.29$1.72$1.56$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.33$0.12$0.24$0.32$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.45$0.20$1.01$0.91$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.34$0.09$0.57$0.57$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.36$0.09$0.85$0.94$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.30$0.18$0.51$0.39$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.44$0.06$0.36$0.44$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.43$0.14$0.64$0.63$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.61$0.13$0.98$1.06$0.08