Civic Intelligence

Woonsocket Neighborhood Development Corp Neighborworks Blackstone River Valley

990 • Fiscal year 2016 • EIN 22-2907602

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

719 Front Street No 103Woonsocket, RI 02895

(401) 762-0993

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.71x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

4.50x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

92nd percentile

47%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

16th percentile

$126,092

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

3rd percentile

-22%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-9.8%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$25,032,486

Down $6,993,103 (-22%) from 2015

Net Assets

Down

$7,255,230

Down $9,913,650 (-58%) from 2015

Liabilities

Up

$17,777,256

Up $2,920,547 (+20%) from 2015

Revenue

Down

$3,952,204

Down $427,971 (-9.8%) from 2015

Expenses

Down

$2,110,551

Down $1,874,467 (-47%) from 2015

Net Income

Up

$1,841,653

Up $1,446,496 (+366%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $27,213,679Liabilities 2010: $14,240,000Net Assets 2010: $12,973,6792010Assets 2011: $30,587,000Liabilities 2011: $13,177,737Net Assets 2011: $17,409,2632011Assets 2012: $31,085,681Liabilities 2012: $14,263,703Net Assets 2012: $16,821,9782012Assets 2013: $30,332,328Liabilities 2013: $13,350,976Net Assets 2013: $16,981,3522013Assets 2014: $30,672,483Liabilities 2014: $13,898,758Net Assets 2014: $16,773,7252014Assets 2015: $32,025,589Liabilities 2015: $14,856,709Net Assets 2015: $17,168,8802015Assets 2016: $25,032,486Liabilities 2016: $17,777,256Net Assets 2016: $7,255,2302016Assets 2017: $22,984,855Liabilities 2017: $17,448,369Net Assets 2017: $5,536,4862017Assets 2018: $23,133,851Liabilities 2018: $17,802,459Net Assets 2018: $5,331,3922018Assets 2019: $22,953,712Liabilities 2019: $17,982,255Net Assets 2019: $4,971,4572019Assets 2020: $24,150,927Liabilities 2020: $18,727,815Net Assets 2020: $5,423,1122020Assets 2021: $24,639,643Liabilities 2021: $19,097,286Net Assets 2021: $5,542,3572021Assets 2022: $27,502,471Liabilities 2022: $21,515,196Net Assets 2022: $5,987,2752022Assets 2023: $23,595,419Liabilities 2023: $20,087,726Net Assets 2023: $3,507,6932023Assets 2024: $26,513,123Liabilities 2024: $22,551,764Net Assets 2024: $3,961,3592024

Highlighted filing

2016

Assets$25,032,486
Liabilities$17,777,256
Net Assets$7,255,230

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,443,3112010Revenue 2011: $6,002,765Expenses 2011: $2,041,181Net Income 2011: $3,961,5842011Expenses 2012: $2,670,1082012Revenue 2013: $2,613,108Expenses 2013: $2,453,734Net Income 2013: $159,3742013Revenue 2014: $1,937,926Expenses 2014: $2,978,053Net Income 2014: -$1,040,1272014Revenue 2015: $4,380,175Expenses 2015: $3,985,018Net Income 2015: $395,1572015Revenue 2016: $3,952,204Expenses 2016: $2,110,551Net Income 2016: $1,841,6532016Revenue 2017: $3,622,092Expenses 2017: $2,771,535Net Income 2017: $850,5572017Revenue 2018: $3,628,583Expenses 2018: $2,603,833Net Income 2018: $1,024,7502018Revenue 2019: $2,538,278Expenses 2019: $2,568,807Net Income 2019: -$30,5292019Revenue 2020: $3,212,949Expenses 2020: $2,709,688Net Income 2020: $503,2612020Revenue 2021: $2,965,788Expenses 2021: $2,781,543Net Income 2021: $184,2452021Revenue 2022: $3,749,387Expenses 2022: $3,304,469Net Income 2022: $444,9182022Revenue 2023: $2,634,991Expenses 2023: $5,260,655Net Income 2023: -$2,625,6642023Revenue 2024: $3,481,641Expenses 2024: $3,027,975Net Income 2024: $453,6662024

Highlighted filing

2016

Revenue$3,952,204
Expenses$2,110,551
Net Income$1,841,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$3,952,204
Mission and Program Overview

Mission

Real estate development for low income families

Real estate development for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$20,023,960$13,784,006▼ $6,239,954
Accounts Receivable$6,728,660$2,567,348▼ $4,161,312
Land, Buildings, and Equipment, Net$1,716,105$2,256,186▲ $540,081
Savings and Temporary Cash Investments-$1,278,847-
Cash and Non-Interest-Bearing Accounts$1,903,641$529,056▼ $1,374,585
Prepaid Expenses and Deferred Charges$8,882$16,595▲ $7,713
Total Assets$32,025,589$25,032,486▼ $6,993,103
Other Assets Total$1,644,341$4,600,448▲ $2,956,107
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,841,067$16,822,667▲ $2,981,600
Deferred Revenue$572,473$469,818▼ $102,655
Accounts Payable and Accrued Expenses$443,169$405,623▼ $37,546
Other Liabilities$0$79,148▲ $79,148
Total Liabilities$14,856,709$17,777,256▲ $2,920,547
Net Assets / Fund Balance
Unrestricted Net Assets$13,880,540$6,681,357▼ $7,199,183
Permanently Rstr Net Assets$3,288,340$573,873▼ $2,714,467
Total Net Assets Fund Balance$17,168,880$7,255,230▼ $9,913,650
Total Liabilities and Net Assets / Fund Balance$32,025,589$25,032,486▼ $6,993,103

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,968,914$457,631$2,426,545
Leasehold Improvements$159,985$30,570$190,555
Land$127,287-$127,287
Investment Program Related Org$136,000--
Other Assets Org$898,895--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph GarlickExecutive DirectorFT$115,510$10,582$126,092

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Adler Bros ConstructionConstruction604 PUTMAN PIKE 1, Greenville, RI 02828$654,769
Beauchemin DesignsRemodeling12 TANGLEWOOD RD, North Smithfield, RI 02896$169,510
Revenue and Support

Revenue Composition

Contributions and Grants
$2,360,073
Program Service Revenue
$1,522,428
Investment Income
$7,409
Other Revenue
$62,294
All Other Contributions
$737,727
Change in Net Assets
$1,841,653

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$378,124Fair Market Value
Total Noncash Contributions1$378,124-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,952,204
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-527,276
Total Revenue per Audited Statements
$3,424,928
Total Revenue per Form 990
$3,952,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,378,705
Other Expenses$686,113
Grants and Similar Amounts Paid$45,733
Total Fundraising Expense$8,701
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$743,962$205,570-$949,532
Other Employee Benefits$146,670$48,351-$195,021
Occupancy$173,099$12,261-$185,360
Payroll Taxes$88,254$30,388-$118,642
Current Officers, Directors, Trustees, and Key Employees$57,755$57,755-$115,510
Fees for Services Other$107,778-$809$108,587
Depreciation Depletion$73,103$29,942-$103,045
Office Expenses$71,573$13,342-$84,915
Fees for Services Accounting$54,287$7,038-$61,325
Grants to Domestic Orgs$45,733--$45,733
Fees for Services Legal$1,371--$1,371
Other Expenses$684$463$7,892$684
Total Functional Expenses$1,689,414$412,436$8,701$2,110,551

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,120,723
Expenses per Audited Statements$2,110,551
Total Expenses per Form 990$2,110,551
Expenses Not Reported on Form 990$10,172
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Housing Network of Rhode IslandPawtucket, RI3Supplemental Grant$10,000
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
Cash Held for Others and Security Deposits$77,347
Security Deposits$1,801
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

The 990 will be distributed to the board of directors for review and approval before it is filed.

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

Board members sign an annual conflict of interest form each year.

Form 990, Part VI, Section C, Line 19

Wndc's governing documents, conflict of interest policy, and financial statements are availible to the public upon request.

FORM 990, PART VI, LINE 16B:

Wndc does not have a written policy or procedure that requires the organization to evaluate its participation in joint venture arrangements. However, prior to entering into a joint venture, wndc's senior staff and board of directors are fully informed of the joint venture as to ensure wndc's mission is further carried out by participating in the joint venture arrangement.

Filing and Contact Details

Filer

Filer Name
Woonsocket Neighborhood Development
EIN
22-2907602
Phone
4017620993
Address
719 FRONT STREET NO 103, WOONSOCKET, RI 02895
Doing Business As
Neighborworks Blackstone River Vall

Signing Officer

Name
Joseph Garlick
Title
Executive Director
Phone
4017620993
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Garlick
Formed
1987
Legal Domicile
Ri
Voting Board Members
16
Independent Board Members
16
Employees
62
Volunteers
451

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Thomas Washburn CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

Prior period adjustments were made in 2016 primarily to reduce mission-related assets to net realizable value.

FORM 990, PART XI, LINE 9:

Current year advances - reserve -68,807. Amounts invested in projects under development -468,641.

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Wndc accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidating financial statements regarding a tax position taken or expected to be taken in a tax return. Wndc has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidating financial statements at december 31, 2016.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Current year advances - reserve -68,807. Amounts invested in projects under development -468,641.

Raw XML AppendixShowing 400 of 847 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/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16115510
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt01622346
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt045733
IRS990/GrantsToDomesticOrgsGrp/TotalAmt045733
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03952204
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt07409
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07409
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt020023960
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013784006
IRS990/IRPDocumentCnt036
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0488201
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01716105
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02256186
IRS990/LandBldgEquipCostOrOtherBssAmt02744387
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION D/B/A NEIGHBORWORKS BLACKSTONE RIVER VALLEY'S (WNDC) PRIMARY PURPOSE IS TO DEVELOP, OWN, MANAGE, FINANCE AND PRESERVE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS IN THE BLACKSTONE RIVER VALLEY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013841067
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016822667
IRS990/NetAssetsOrFundBalancesBOYAmt017168880
IRS990/NetAssetsOrFundBalancesEOYAmt07255230
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0378124
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012261
IRS990/OccupancyGrp/ProgramServicesAmt0173099
IRS990/OccupancyGrp/TotalAmt0185360
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013342
IRS990/OfficeExpensesGrp/ProgramServicesAmt071573
IRS990/OfficeExpensesGrp/TotalAmt084915
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01644341
IRS990/OtherAssetsTotalGrp/EOYAmt04600448
IRS990/OtherChangesInNetAssetsAmt0-537448
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt048351
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0146670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0195021
IRS990/OtherExpensesGrp/Desc0PROGRAM AND CLIENT EXPE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2VEHICLE - MILEAGE REIMB
IRS990/OtherExpensesGrp/Desc3MANAGEMENT FEES
IRS990/OtherExpensesGrp/FundraisingAmt07892
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07326
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1463
IRS990/OtherExpensesGrp/ProgramServicesAmt0113015
IRS990/OtherExpensesGrp/ProgramServicesAmt17308
IRS990/OtherExpensesGrp/ProgramServicesAmt24822
IRS990/OtherExpensesGrp/ProgramServicesAmt3684
IRS990/OtherExpensesGrp/TotalAmt0120341
IRS990/OtherExpensesGrp/TotalAmt115200
IRS990/OtherExpensesGrp/TotalAmt25285
IRS990/OtherExpensesGrp/TotalAmt3684
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt079148
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt062294
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt062294
IRS990/OtherRevenueTotalAmt062294
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0205570
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0743962
IRS990/OtherSalariesAndWagesGrp/TotalAmt0949532
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt030388
IRS990/PayrollTaxesGrp/ProgramServicesAmt088254
IRS990/PayrollTaxesGrp/TotalAmt0118642
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03288340
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0573873
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08882
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016595
IRS990/PrincipalOfficerNm0JOSEPH GARLICK
IRS990/PriorPeriodAdjustmentsAmt0-11217855
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc1RESIDENT AND PROGRAM S
IRS990/ProgramServiceRevenueGrp/Desc2FEE FOR SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01207750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1196330
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt288568
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt329780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01207750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1196330
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt288568
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt329780
IRS990/ProgSrvcAccomActy2Grp/Desc0HOMEOWNERSIP CENTER - WNDC'S STAFF PROVIDES ONE-ON-ONE COACHING, CREDIT CHECKS, AND WORKSHOPS. THESE WORKSHOP TOPICS RANGE FROM IMPROVING A POTENTIAL HOMEBUYER'S CREDIT, BUDGETING, BECOMING A LANDLORD, AND OWNING THEIR OWN HOME.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0370511
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0196330
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY BUILDING - WNDC SPEARHEADS SPECIAL INITIATIVES AND PROJECTS THAT BRING RESIDENTS TOGETHER TO PLAN AND TAKE ACTION. THIS CREATES POSITIVE CHANGE, BUILDS PROSPERITY, AND MAKES THEIR NEIGHBORHOODS EXCEPTIONAL PLACES TO LIVE, WORK, AND INVEST.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0661578
IRS990/ProgSrvcAccomActy3Grp/GrantAmt045733
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt088568
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS INCLUDE ASSET MANAGEMENT. WHILE WNDC'S PORTFOLIO IS MANAGED BY THIRD-PARTY PROPERTY MANAGEMENT COMPANIES, WNDC HAS ESTABLISHED AN ASSET MANAGEMENT DEPARTMENT. THIS DEPARTMENT IS RESPONSIBLE FOR OVERSEEING THE PROPERTY MANAGEMENT COMPANIES TO ENSURE THE PHYSICAL AND FINANCIAL HEALTH OF THE PORTFOLIO AND OTHER FACILITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0141664
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt092074
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01785213
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0131792
IRS990/PYOtherExpensesAmt02771661
IRS990/PYOtherRevenueAmt030112
IRS990/PYProgramServiceRevenueAmt02433058
IRS990/PYRevenuesLessExpensesAmt0395157
IRS990/PYSalariesCompEmpBnftPaidAmt01213357
IRS990/PYTotalExpensesAmt03985018
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04380175
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01841653
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01207750
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01278847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01981949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01785213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01637769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02381402
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01435112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09221445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0125757
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0131792
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt068903
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt065886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt072643
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0464981
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95200
IRS990ScheduleA/PublicSupportPY170Pct00.96030

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.5$22.6$3.96$3.48$3.03$0.45
2023Detailed filing. Detailed filing data is available for this year.$23.6$20.1$3.51$2.63$5.26$2.63
2022Detailed filing. Detailed filing data is available for this year.$27.5$21.5$5.99$3.75$3.30$0.44
2021Detailed filing. Detailed filing data is available for this year.$24.6$19.1$5.54$2.97$2.78$0.18
2020Detailed filing. Detailed filing data is available for this year.$24.2$18.7$5.42$3.21$2.71$0.50
2019Detailed filing. Detailed filing data is available for this year.$23.0$18.0$4.97$2.54$2.57$0.03
2018Detailed filing. Detailed filing data is available for this year.$23.1$17.8$5.33$3.63$2.60$1.02
2017Detailed filing. Detailed filing data is available for this year.$23.0$17.4$5.54$3.62$2.77$0.85
2016Detailed filing. Detailed filing data is available for this year.$25.0$17.8$7.26$3.95$2.11$1.84
2015Detailed filing. Detailed filing data is available for this year.$32.0$14.9$17.2$4.38$3.99$0.40
2014Detailed filing. Detailed filing data is available for this year.$30.7$13.9$16.8$1.94$2.98$1.04
2013Detailed filing. Detailed filing data is available for this year.$30.3$13.4$17.0$2.61$2.45$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$14.3$16.8$2.67
2011Summary only. Only limited summary data is available for this year.$30.6$13.2$17.4$6.00$2.04$3.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.2$14.2$13.0$1.44