Civic Intelligence

Schenectady Housing Development Fund Corporation

990EZ • Fiscal year 2014 • EIN 16-1524400

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 02, 2015

105 Jay StreetSchenectady, NY 12305

(518) 382-5147

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.81x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

0.43x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

34th percentile

-5.4%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

89th percentile

68%

Faster revenue growth than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$45,096

Down $2,565 (-5.4%) from 2013

Net Assets

Down

$8,688

Down $8,826 (-50%) from 2013

Liabilities

Up

$36,408

Up $6,261 (+21%) from 2013

Revenue

Up

$85,257

Up $34,528 (+68%) from 2013

Expenses

Up

$94,083

Up $55,075 (+141%) from 2013

Net Income

Down

-$8,826

Down $20,547 (-175%) from 2013

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

2014

Assets$45,096
Liabilities$36,408
Net Assets$8,688

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

2014

Revenue$85,257
Expenses$94,083
Net Income-$8,826
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 2, 2015
Return Version
2014v5.0
Gross Receipts
$85,257
Mission and Program Overview

Mission

Home buyers assistance program which provides funds to home buyers of the schenectady area when other funding sources are unavailable.

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

Program Services

DescriptionGrantsExpenses
Home buyers assistance program which provides funds to home buyers of the Schenectady area when other funding sources are unavailable.$89,933-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marion PorterfieldDirector-$0--
Joseph ReidhammerDirector-$0--
Vincent RiggiDirector-$0--
Mayor Gary McCarthyDirector-$0--
Jeffrey W ClarkDirector-$0--
Cathy LewisVice Chairwoman-$0--
Horace Perryman JrDirector-$0--
Ann PetersenDirector-$0--
Delores DoriguzziDirector-$0--
Lawrence T Dahlke EsqChairman-$0--
Sharon JordonDirector-$0--
Michael KrywinskiSecretary-$0--
Samanta MykooShdfc AdminFT$0--
Ahmad YusufiDirector-$0--
Filing and Contact Details

Filer

Filer Name
Schenectady Housing Development
EIN
16-1524400
Phone
5183825147
Address
105 Jay Street, Schenectady, NY 12305

Signing Officer

Name
Lawrence T Dahlke Esq
Title
Chairman
Signed
2015-03-02
Discuss with paid preparer
Yes

Preparer

Firm
Lubbe & Hosey CPAs PC
Address
187 Wolf Road Suite 305, Albany, NY 12205
Preparer
Steven J Lubbe
Phone
5184549355
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: Heather Walker | Donee's Address: 918 Michigan Avenue Schenectady, NY 12303 | Relationship of Donee: None | Cash Amount Given: $6375

Grants and Similar Amounts Paid In Excess of $5,000.3

| Donee's Name: Dennis O'Connor | Donee's Address: 527 Vischer Avenue Schenectady, NY 12306 | Relationship of Donee: None | Cash Amount Given: $6225

Grants and Similar Amounts Paid In Excess of $5,000.5

| Donee's Name: Vetita Bostick | Donee's Address: 1307 Parkwood Blvd Schenectady, NY 12308 | Relationship of Donee: None | Cash Amount Given: $6821

Grants and Similar Amounts Paid In Excess of $5,000.6

| Donee's Name: Justin Reffner | Donee's Address: 1588 Avenue A Schenectady, NY 12308 | Relationship of Donee: None | Cash Amount Given: $16471

Grants and Similar Amounts Paid In Excess of $5,000.7

| Donee's Name: Shirley Park | Donee's Address: 809 Ten Eyck Avenue Schenectady, NY 12303 | Relationship of Donee: None | Cash Amount Given: $18750

Other Expenses.1

Loans made $22014

Other Expenses.2

Miscellaneous $1876

Other Assets.1009

Notes and Loans Receivable - Beginning $29936 Notes and Loans Receivable - Ending $36196

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $211 Accounts Payable and Accrued Expenses - Ending $212

Total Liabilities.1003

Deferred Revenue - Beginning $29936 Deferred Revenue - Ending $36196

Raw XML Appendix197 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Heather Walker | Donee's Address: 918 Michigan Avenue Schenectady, NY 12303 | Relationship of Donee: None | Cash Amount Given: $6375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: Dennis O'Connor | Donee's Address: 527 Vischer Avenue Schenectady, NY 12306 | Relationship of Donee: None | Cash Amount Given: $6225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Donee's Name: Vetita Bostick | Donee's Address: 1307 Parkwood Blvd Schenectady, NY 12308 | Relationship of Donee: None | Cash Amount Given: $6821
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Donee's Name: Justin Reffner | Donee's Address: 1588 Avenue A Schenectady, NY 12308 | Relationship of Donee: None | Cash Amount Given: $16471
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Donee's Name: Shirley Park | Donee's Address: 809 Ten Eyck Avenue Schenectady, NY 12303 | Relationship of Donee: None | Cash Amount Given: $18750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Loans made $22014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous $1876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Notes and Loans Receivable - Beginning $29936 Notes and Loans Receivable - Ending $36196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $211 Accounts Payable and Accrued Expenses - Ending $212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Deferred Revenue - Beginning $29936 Deferred Revenue - Ending $36196
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Grants and Similar Amounts Paid In Excess of $5,000.7
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Lawrence T Dahlke Esq
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Schenectady Housing Development
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ReturnHeader/Filer/EIN0161524400
ReturnHeader/Filer/PhoneNum05183825147
ReturnHeader/Filer/USAddress/AddressLine1Txt0105 Jay Street
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ReturnHeader/Filer/USAddress/ZIPCd012305
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0187 Wolf Road Suite 305
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012205
ReturnHeader/PreparerPersonGrp/PhoneNum05184549355
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven J Lubbe
ReturnHeader/ReturnTs02015-03-09T13:50:04-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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