Civic Intelligence

Rivercrest Commons Housing Development Fund Company Inc.

990 • Fiscal year 2014 • EIN 20-0597209

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 06, 2015

Organization ProfileN/A
52 Division StreetAmsterdam, NY 12010

(518) 842-2894

Siviq Scores

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

Liabilities / Assets

25th percentile

0.05x

Higher debt load relative to assets than 25% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

0.64x

Higher debt load relative to revenue than 45% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Net Margin

16th percentile

-35%

Higher net margin than 16% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Asset Growth

48th percentile

-2.4%

Faster asset growth than 48% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

0.1%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$863,817

Down $21,232 (-2.4%) from 2013

Net Assets

Down

$821,416

Down $23,162 (-2.7%) from 2013

Liabilities

Up

$42,401

Up $1,930 (+4.8%) from 2013

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin16th percentile

Revenue

Up

$66,360

Up $80 (+0.1%) from 2013

Expenses

Up

$89,522

Up $290 (+0.3%) from 2013

Net Income

Down

-$23,162

Down $210 (-0.9%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$1.0M$500K$0Assets 2010: $979,575Liabilities 2010: $40,787Net Assets 2010: $938,7882010Assets 2011: $943,145Liabilities 2011: $44,531Net Assets 2011: $898,6142011Assets 2012: $911,608Liabilities 2012: $44,078Net Assets 2012: $867,5302012Assets 2013: $885,049Liabilities 2013: $40,471Net Assets 2013: $844,5782013Assets 2014: $863,817Liabilities 2014: $42,401Net Assets 2014: $821,4162014Assets 2015: $832,495Liabilities 2015: $43,356Net Assets 2015: $789,1392015Assets 2016: $822,991Liabilities 2016: $56,721Net Assets 2016: $766,2702016Assets 2017: $796,644Liabilities 2017: $54,471Net Assets 2017: $742,1732017Assets 2018: $768,364Liabilities 2018: $57,715Net Assets 2018: $710,6492018Assets 2019: $502,629Liabilities 2019: $14,988Net Assets 2019: $487,6412019Assets 2020: $472,559Liabilities 2020: $11,627Net Assets 2020: $460,9322020Assets 2021: $442,357Liabilities 2021: $10,038Net Assets 2021: $432,3192021Assets 2022: $427,857Liabilities 2022: $36,458Net Assets 2022: $391,3992022Assets 2023: $414,817Liabilities 2023: $64,217Net Assets 2023: $350,6002023Assets 2024: $415,741Liabilities 2024: $136,749Net Assets 2024: $278,9922024

Highlighted filing

2014

Assets$863,817
Liabilities$42,401
Net Assets$821,416
Open 2014 Filing

Operations Trend

Revenue Growth43rd percentile

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

$200K$100K$0-$100KRevenue 2010: $47,866Expenses 2010: $94,816Net Income 2010: -$46,9502010Revenue 2011: $49,251Expenses 2011: $89,425Net Income 2011: -$40,1742011Expenses 2012: $96,6592012Revenue 2013: $66,280Expenses 2013: $89,232Net Income 2013: -$22,9522013Revenue 2014: $66,360Expenses 2014: $89,522Net Income 2014: -$23,1622014Revenue 2015: $62,991Expenses 2015: $95,268Net Income 2015: -$32,2772015Revenue 2016: $65,895Expenses 2016: $88,764Net Income 2016: -$22,8692016Revenue 2017: $67,669Expenses 2017: $91,766Net Income 2017: -$24,0972017Revenue 2018: $66,200Expenses 2018: $97,724Net Income 2018: -$31,5242018Revenue 2019: $65,223Expenses 2019: $102,945Net Income 2019: -$37,7222019Revenue 2020: $65,743Expenses 2020: $92,452Net Income 2020: -$26,7092020Revenue 2021: $64,107Expenses 2021: $92,720Net Income 2021: -$28,6132021Revenue 2022: $58,428Expenses 2022: $99,348Net Income 2022: -$40,9202022Revenue 2023: $62,043Expenses 2023: $102,842Net Income 2023: -$40,7992023Revenue 2024: $63,027Expenses 2024: $134,635Net Income 2024: -$71,6082024

Highlighted filing

2014

Revenue$66,360
Expenses$89,522
Net Income-$23,162
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 6, 2015
Return Version
2014v5.0
Gross Receipts
$66,360
Mission and Program Overview

Mission

Elderly and handicapped housing

Elderly and handicapped housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$827,060$786,843▼ $40,217
Cash and Non-Interest-Bearing Accounts$25,907$40,814▲ $14,907
Prepaid Expenses and Deferred Charges$3,354$3,354→ $0
Accounts Receivable$457$242▼ $215
Total Assets$885,049$863,817▼ $21,232
Other Assets Total$28,271$32,564▲ $4,293
Liabilities
Accounts Payable and Accrued Expenses$38,485$40,414▲ $1,929
Other Liabilities$1,986$1,987▲ $1
Total Liabilities$40,471$42,401▲ $1,930
Net Assets / Fund Balance
Unrestricted Net Assets$844,578$821,416▼ $23,162
Total Net Assets Fund Balance$844,578$821,416▼ $23,162
Total Liabilities and Net Assets / Fund Balance$885,049$863,817▼ $21,232

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$781,472$320,642$1,102,114
Equipment$371$11,435$11,806
Land$5,000-$5,000
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
Damaris G CarboneChair
Richard K MillerVice Chair
Bethany Schumann-mcgheeDirector
Michele ValerioDirector
Kathy PeytonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$42,180
Program Service Revenue
$23,185
Investment Income
$13
Other Revenue
$982
Change in Net Assets
$-23,162

Audited Revenue Reconciliation

Revenue per Audited Statements
$66,360
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$66,360
Total Revenue per Form 990
$66,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,763
Salaries, Compensation, and Employee Benefits$9,759
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$40,217--$40,217
Occupancy$11,010--$11,010
Other Salaries and Wages-$8,400-$8,400
Insurance$7,032--$7,032
Fees for Services Management-$4,374-$4,374
Fees for Services Other-$1,500-$1,500
Payroll Taxes-$1,359-$1,359
Office Expenses-$1,012-$1,012
Other Expenses$2,824$150-$150
Total Functional Expenses$72,727$16,795$0$89,522

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$89,522
Total Expenses per Audited Statements$89,522
Total Expenses per Form 990$89,522
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
TENANTS' SECURITY DEPOSITS$1,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Rivercrest development corporation is the organization's managing agent.”

Form 990, Part VI, Section A, Line 8B

“NO SUCH COMMITTEES.”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by the management and presented to the board after filing.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Rivercrest Commons Housing
EIN
20-0597209
Phone
5188422894
Address
52 DIVISION STREET, AMSTERDAM, NY 12010

Signing Officer

Name
Damaris Carbone
Title
Chair
Phone
5188422894
Signed
2015-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damaris Carbone
Formed
2004
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Toski & Co Cpas Pc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
JOHN T O'BRIEN MBA MST
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990 PART XII LINE 2C:

“No changes have taken place during the fiscal year ended december 31, 2014.”

Financial Statement Notes

PART X, LINE 2:

“The company is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code); therefore, no provision for income taxes is reflected in the financial statements. The company has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The company presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the company has taken no uncertain tax positions that require adjustment in their financial statements. U.s. Forms 990 filed by the company are subject to examination by taxing authorities. The company is no longer subject to tax examination for the years ended december 31, 2010, and prior.”

Raw XML AppendixShowing 400 of 430 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038485
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt040414
IRS990/AccountsReceivableGrp/BOYAmt0457
IRS990/AccountsReceivableGrp/EOYAmt0242
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ELDERLY AND HANDICAPPED HOUSING.
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAMARIS CARBONE
IRS990/BooksInCareOfDetail/PhoneNum05188422894
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt052 DIVISION STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0AMSTERDAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012010
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt025907
IRS990/CashNonInterestBearingGrp/EOYAmt040814
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt042180
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013
IRS990/CYOtherExpensesAmt079763
IRS990/CYOtherRevenueAmt0982
IRS990/CYProgramServiceRevenueAmt023185
IRS990/CYRevenuesLessExpensesAmt0-23162
IRS990/CYSalariesCompEmpBnftPaidAmt09759
IRS990/CYTotalExpensesAmt089522
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt066360
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt040217
IRS990/DepreciationDepletionGrp/TotalAmt040217
IRS990/Desc0PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt072727
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt04374
IRS990/FeesForServicesManagementGrp/TotalAmt04374
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01500
IRS990/FeesForServicesOtherGrp/TotalAmt01500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAMARIS G CARBONE
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD K MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHY PEYTON
IRS990/Form990PartVIISectionAGrp/PersonNm3BETHANY SCHUMANN-MCGHEE
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELE VALERIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt042180
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt066360
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07032
IRS990/InsuranceGrp/TotalAmt07032
IRS990/InvestmentIncomeGrp/ExclusionAmt013
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0332077
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0827060
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0786843
IRS990/LandBldgEquipCostOrOtherBssAmt01118920
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ELDERLY AND HANDICAPPED HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0844578
IRS990/NetAssetsOrFundBalancesEOYAmt0821416
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt011010
IRS990/OccupancyGrp/TotalAmt011010
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01012
IRS990/OfficeExpensesGrp/TotalAmt01012
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt028271
IRS990/OtherAssetsTotalGrp/EOYAmt032564
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0150
IRS990/OtherExpensesGrp/ProgramServicesAmt06973
IRS990/OtherExpensesGrp/ProgramServicesAmt14671
IRS990/OtherExpensesGrp/ProgramServicesAmt22824
IRS990/OtherExpensesGrp/TotalAmt06973
IRS990/OtherExpensesGrp/TotalAmt14671
IRS990/OtherExpensesGrp/TotalAmt22824
IRS990/OtherExpensesGrp/TotalAmt3150
IRS990/OtherLiabilitiesGrp/BOYAmt01986
IRS990/OtherLiabilitiesGrp/EOYAmt01987
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0982
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0982
IRS990/OtherRevenueTotalAmt0982
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08400
IRS990/OtherSalariesAndWagesGrp/TotalAmt08400
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01359
IRS990/PayrollTaxesGrp/TotalAmt01359
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03354
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03354
IRS990/PrincipalOfficerNm0DAMARIS CARBONE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt023185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt023185
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt042467
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07
IRS990/PYOtherExpensesAmt079473
IRS990/PYOtherRevenueAmt0800
IRS990/PYProgramServiceRevenueAmt023006
IRS990/PYRevenuesLessExpensesAmt0-22952
IRS990/PYSalariesCompEmpBnftPaidAmt09759
IRS990/PYTotalExpensesAmt089232
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt066280
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-23162
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt023185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042368
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025632
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0179669
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt086
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0111424
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0982
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0898
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01455
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04135
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97700
IRS990ScheduleA/PublicSupportPY170Pct00.98050
IRS990ScheduleA/PublicSupportTotal170Amt0179669
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042467
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt042368
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt025632
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt027022
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0179669
IRS990ScheduleA/TotalSupportAmt0183890
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/BookValueAmt0781472
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0320642
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01102114
IRS990ScheduleD/EquipmentGrp/BookValueAmt0371
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011435
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011806
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt089522
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt066360
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN THEIR FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE COMPANY IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEARS ENDED DECEMBER 31, 2010, AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0786843
IRS990ScheduleD/TotalExpensesPerForm990Amt089522
IRS990ScheduleD/TotalLiabilityAmt01987
IRS990ScheduleD/TotalRevenuePerForm990Amt066360
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt066360
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt089522
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RIVERCREST DEVELOPMENT CORPORATION IS THE ORGANIZATION'S MANAGING AGENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO SUCH COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE MANAGEMENT AND PRESENTED TO THE BOARD AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED DECEMBER 31, 2014.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AMSTERDAM HOUSING AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1RIVERCREST DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0141497647
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1141815076
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROPERTY MANAGEMENT OF LOW INCOME HOUSING.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1DEVELOPING AND MAINTAINING OF LOW-INCOME RENTAL HOUSING.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt052 DIVISION STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt152 DIVISION STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AMSTERDAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1AMSTERDAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd112010
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt04367
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt115819
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AMSTERDAM HOUSING AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1RIVERCREST DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0885049
IRS990/TotalAssetsEOYAmt0863817
IRS990/TotalAssetsGrp/BOYAmt0885049
IRS990/TotalAssetsGrp/EOYAmt0863817
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt042180
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016795
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt072727
IRS990/TotalFunctionalExpensesGrp/TotalAmt089522
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt040471
IRS990/TotalLiabilitiesEOYAmt042401
IRS990/TotalLiabilitiesGrp/BOYAmt040471
IRS990/TotalLiabilitiesGrp/EOYAmt042401
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0844578
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0821416
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt072727
IRS990/TotalProgramServiceRevenueAmt023185
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0995
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023185
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt066360
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0885049
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0863817
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0844578
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0821416
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt052 DIVISION STREET
IRS990/USAddress/CityNm0AMSTERDAM
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012010
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$863,817
Liabilities
$42,401
Net assets
$821,416
Revenue
$66,360
Expenses
$89,522
Net income
-$23,162
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.16$1.37$2.79$0.63$1.35$0.72
2023Detailed filing. Detailed filing data is available for this year.$4.15$0.64$3.51$0.62$1.03$0.41
2022Detailed filing. Detailed filing data is available for this year.$4.28$0.36$3.91$0.58$0.99$0.41
2021Detailed filing. Detailed filing data is available for this year.$4.42$0.10$4.32$0.64$0.93$0.29
2020Detailed filing. Detailed filing data is available for this year.$4.73$0.12$4.61$0.66$0.92$0.27
2019Detailed filing. Detailed filing data is available for this year.$5.03$0.15$4.88$0.65$1.03$0.38
2018Detailed filing. Detailed filing data is available for this year.$7.68$0.58$7.11$0.66$0.98$0.32
2017Detailed filing. Detailed filing data is available for this year.$7.97$0.54$7.42$0.68$0.92$0.24
2016Detailed filing. Detailed filing data is available for this year.$8.23$0.57$7.66$0.66$0.89$0.23
2015Detailed filing. Detailed filing data is available for this year.$8.32$0.43$7.89$0.63$0.95$0.32
2014Detailed filing. Detailed filing data is available for this year.$8.64$0.42$8.21$0.66$0.90$0.23
2013Detailed filing. Detailed filing data is available for this year.$8.85$0.40$8.45$0.66$0.89$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.12$0.44$8.68$0.97
2011Summary only. Only limited summary data is available for this year.$9.43$0.45$8.99$0.49$0.89$0.40
2010Summary only. Only limited summary data is available for this year.$9.80$0.41$9.39$0.48$0.95$0.47