Civic Intelligence

Royal Gardens Development Fund Company Project No 014-Eh282

990 • Fiscal year 2024 • EIN 22-3113185

Oct 01, 2023 to Sep 30, 2024 • Filed on Mar 21, 2025

Organization ProfileN/A
100 Royal Gardens WayBrockport, NY 14420

(585) 637-8220

Siviq Scores

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

Liabilities / Assets

72nd percentile

1.14x

Higher debt load relative to assets than 72% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

3.45x

Higher debt load relative to revenue than 65% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Net Margin

73rd percentile

12%

Higher net margin than 73% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2024 filings • NTEE L • $1M-$5M nonprofits • Source year 2024

Asset Growth

64th percentile

1.1%

Faster asset growth than 64% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

3.9%

Faster revenue growth than 49% of similar nonprofits.

2024 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,613,577

Up $28,361 (+1.1%) from 2023

Net Assets

Up

-$353,297

Up $105,357 (+23%) from 2023

Liabilities

Down

$2,966,874

Down $76,996 (-2.5%) from 2023

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin73rd percentile

Revenue

Up

$859,869

Up $32,461 (+3.9%) from 2023

Expenses

Down

$754,512

Down $13,347 (-1.7%) from 2023

Net Income

Up

$105,357

Up $45,808 (+77%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $2,114,890Liabilities 2010: $3,191,453Net Assets 2010: -$1,076,5632010Assets 2011: $3,177,889Liabilities 2011: $4,250,046Net Assets 2011: -$1,072,1572011Assets 2012: $2,846,416Liabilities 2012: $3,895,574Net Assets 2012: -$1,049,1582012Assets 2013: $2,851,542Liabilities 2013: $3,847,807Net Assets 2013: -$996,2652013Assets 2014: $2,830,977Liabilities 2014: $3,792,117Net Assets 2014: -$961,1402014Assets 2015: $2,840,961Liabilities 2015: $3,741,950Net Assets 2015: -$900,9892015Assets 2016: $2,838,057Liabilities 2016: $3,680,491Net Assets 2016: -$842,4342016Assets 2017: $2,841,430Liabilities 2017: $3,626,236Net Assets 2017: -$784,8062017Assets 2018: $2,829,239Liabilities 2018: $3,558,124Net Assets 2018: -$728,8852018Assets 2019: $2,681,475Liabilities 2019: $3,347,633Net Assets 2019: -$666,1582019Assets 2020: $2,700,006Liabilities 2020: $3,291,087Net Assets 2020: -$591,0812020Assets 2021: $2,677,282Liabilities 2021: $3,201,804Net Assets 2021: -$524,5222021Assets 2022: $2,637,037Liabilities 2022: $3,155,240Net Assets 2022: -$518,2032022Assets 2023: $2,585,216Liabilities 2023: $3,043,870Net Assets 2023: -$458,6542023Assets 2024: $2,613,577Liabilities 2024: $2,966,874Net Assets 2024: -$353,2972024Assets 2025: $2,581,359Liabilities 2025: $2,885,229Net Assets 2025: -$303,8702025

Highlighted filing

2024

Assets$2,613,577
Liabilities$2,966,874
Net Assets-$353,297
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$1.0M$500K$0Expenses 2010: $703,8322010Revenue 2011: $694,319Expenses 2011: $689,913Net Income 2011: $4,4062011Expenses 2012: $690,4482012Expenses 2013: $654,5642013Revenue 2014: $713,675Expenses 2014: $678,550Net Income 2014: $35,1252014Revenue 2015: $720,414Expenses 2015: $660,263Net Income 2015: $60,1512015Revenue 2016: $728,857Expenses 2016: $670,302Net Income 2016: $58,5552016Revenue 2017: $736,038Expenses 2017: $678,410Net Income 2017: $57,6282017Revenue 2018: $747,210Expenses 2018: $691,289Net Income 2018: $55,9212018Revenue 2019: $755,667Expenses 2019: $692,940Net Income 2019: $62,7272019Revenue 2020: $775,455Expenses 2020: $700,378Net Income 2020: $75,0772020Revenue 2021: $785,571Expenses 2021: $719,012Net Income 2021: $66,5592021Revenue 2022: $783,298Expenses 2022: $776,979Net Income 2022: $6,3192022Revenue 2023: $827,408Expenses 2023: $767,859Net Income 2023: $59,5492023Revenue 2024: $859,869Expenses 2024: $754,512Net Income 2024: $105,3572024Revenue 2025: $883,861Expenses 2025: $834,434Net Income 2025: $49,4272025

Highlighted filing

2024

Revenue$859,869
Expenses$754,512
Net Income$105,357
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 21, 2025
Return Version
2023v6.0
Gross Receipts
$859,869
Mission and Program Overview

Mission

The organization was organized solely and specifically to develop, own and operate a low-income housing project on a non-profit basis pursuant to section 202 of the national housing act, said project known as royal gardens apartments and located at 100 royal gardens way, brockport,new york.

Royal gardens housing development fund company, inc., project no. 014-eh282 (the organization), is a duly authorized non-profit corporation formed pursuant to article xi of the private housing finance law of the state of new york. The organization was organized solely and specifically to develop, own and operate a low-income housing project on a non-profit basis pursuant to section 202 of the national housing act, said project known as royal gardens apartments, a 74-unit project (one unit is occupied by the superintendent and is non-income producing), located at 100 royal gardens way, brockport, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,391,683$1,220,335▼ $171,348
Cash and Non-Interest-Bearing Accounts$3,469$40,769▲ $37,300
Prepaid Expenses and Deferred Charges$27,500$32,414▲ $4,914
Pledges and Grants Receivable$1,454$0▼ $1,454
Accounts Receivable$5,420$742▼ $4,678
Total Assets$2,585,216$2,613,577▲ $28,361
Other Assets Total$1,155,690$1,319,317▲ $163,627
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,998,565$2,911,199▼ $87,366
Other Liabilities$24,772$26,466▲ $1,694
Accounts Payable and Accrued Expenses$19,166$23,951▲ $4,785
Deferred Revenue$1,367$5,258▲ $3,891
Total Liabilities$3,043,870$2,966,874▼ $76,996
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-458,654$-353,297▲ $105,357
Total Net Assets Fund Balance$-458,654$-353,297▲ $105,357
Total Liabilities and Net Assets / Fund Balance$2,585,216$2,613,577▲ $28,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,017,259$3,570,427-
Other Land Buildings$79,141$57,060-
Land$20,000--
Equipment$11,837$141,574-
Leasehold Improvements$92,098$181,153-
Other Assets Org$26,409--
Compensation and Service Providers
Top Officer Pay46th percentile

Board Members and Trustees

NameTitle
Michael MorichPresident
Dan BradtDirector
Mark HillDirector
Michael DownsDirector
Carl KesselringSecretary
Gordon HegemanTreasurer (former)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$851,016
Investment Income
$3,279
Other Revenue
$5,574
Change in Net Assets
$105,357

Audited Revenue Reconciliation

Revenue per Audited Statements
$859,869
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$859,869
Total Revenue per Form 990
$859,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$592,370
Salaries, Compensation, and Employee Benefits$162,142
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$177,146--$177,146
Other Salaries and Wages$24,686$92,262-$116,948
Interest$107,072--$107,072
Fees for Services Management-$51,544-$51,544
Insurance$38,123--$38,123
Other Employee Benefits$35,571--$35,571
Office Expenses-$33,739-$33,739
Occupancy$29,582--$29,582
Fees for Services Accounting-$16,749-$16,749
Payroll Taxes$9,623--$9,623
Other Expenses$13,845$3,310-$3,310
Fees for Services Legal-$1,469-$1,469
Advertising-$463-$463
Conferences and Meetings-$38-$38
All Other Expenses$-228--$-228
Total Functional Expenses$554,938$199,574$0$754,512

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$754,512
Total Expenses per Audited Statements$754,512
Total Expenses per Form 990$754,512
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
Tenant Security Deposits$26,409
Miscellaneous Current Liabilties$57
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 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management of the property is performed by christopher community, inc.”

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

“Management company will review the 990 upon issuance.”

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

“At one of the board meetings during the year the conflict of interest forms will be reviewed and updated as deemed necessary.”

Form 990, Part VI, Section C, Line 19

“The organization complies with applicable federal and state regulations.”

Filing and Contact Details

Filer

Filer Name
Royal Gardens Development Fund Company
EIN
22-3113185
Phone
5856378220
Address
100 ROYAL GARDENS WAY, BROCKPORT, NY 14420

Signing Officer

Name
Michael Morich
Title
President
Phone
5856378220
Signed
2025-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Morich
Formed
1990
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
100 SOUTH CLINTON AVE SUITE 1500, ROCHESTER, NY 14604
Preparer
Christopher Johnston
Phone
5854278900
Supplemental Narrative

Additional Explanations

Part XI - Line 2C

“The board treasurer and management agent chief financial officer review the financial statements and these statements are presented to the entire board for final approval.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose could be subject to taxation as unrelated business income. In accordance with asc 740-10-50, accounting for uncertainty in income taxes, the organization recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the organization is currently operating in compliance with the applicable requirements of the internal revenue code. Therefore, no liability for unrecorded tax benefits has been included on the organization's financial statements.”

Raw XML AppendixShowing 400 of 450 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/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt05564
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05564
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110
IRS990/OtherRevenueTotalAmt05574
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt092262
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt024686
IRS990/OtherSalariesAndWagesGrp/TotalAmt0116948
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09623
IRS990/PayrollTaxesGrp/TotalAmt09623
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01454
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032414
IRS990/PrincipalOfficerNm0MICHAEL MORICH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTS-TENANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0851016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0851016
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02571
IRS990/PYOtherExpensesAmt0584089
IRS990/PYOtherRevenueAmt018689
IRS990/PYProgramServiceRevenueAmt0806148
IRS990/PYRevenuesLessExpensesAmt059549
IRS990/PYSalariesCompEmpBnftPaidAmt0183770
IRS990/PYTotalExpensesAmt0767859
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0827408
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0105357
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0851026
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0494139
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0494139
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03279
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02571
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0533
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0429
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01111
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0851016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0806148
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0776873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0780890
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0258250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03473177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02571
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0533
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0429
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07923
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05574
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt018689
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05892
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04253
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt021955
IRS990ScheduleA/OtherIncome509Grp/TotalAmt056363
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98410
IRS990ScheduleA/PublicSupportPY509Pct00.98340
IRS990ScheduleA/PublicSupportTotal509Amt03967316
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0851016
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0806148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0776873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0780890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0752389
IRS990ScheduleA/Total509Grp/TotalAmt03967316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0859869
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0827408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0783298
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0785572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0775455
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04031602
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01017259
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03570427
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04587686
IRS990ScheduleD/EquipmentGrp/BookValueAmt011837
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141574
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0153411
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0754512
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt020000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt092098
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0181153
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0273251
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0686969
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt122900
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt253295
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3506196
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt423548
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt526409
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEBT SERVICE RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2MORTGAGE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt079141
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057060
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0136201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126409
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISCELLANEOUS CURRENT LIABILTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0859869
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE COULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-10-50, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE ORGANIZATION IS CURRENTLY OPERATING IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECORDED TAX BENEFITS HAS BEEN INCLUDED ON THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01220335
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01319317
IRS990ScheduleD/TotalExpensesPerForm990Amt0754512
IRS990ScheduleD/TotalLiabilityAmt026466
IRS990ScheduleD/TotalRevenuePerForm990Amt0859869
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0859869
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0754512
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE PROPERTY IS PERFORMED BY CHRISTOPHER COMMUNITY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT COMPANY WILL REVIEW THE 990 UPON ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT ONE OF THE BOARD MEETINGS DURING THE YEAR THE CONFLICT OF INTEREST FORMS WILL BE REVIEWED AND UPDATED AS DEEMED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION COMPLIES WITH APPLICABLE FEDERAL AND STATE REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD TREASURER AND MANAGEMENT AGENT CHIEF FINANCIAL OFFICER REVIEW THE FINANCIAL STATEMENTS AND THESE STATEMENTS ARE PRESENTED TO THE ENTIRE BOARD FOR FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XI - LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02585216
IRS990/TotalAssetsEOYAmt02613577
IRS990/TotalAssetsGrp/BOYAmt02585216
IRS990/TotalAssetsGrp/EOYAmt02613577
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0199574
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0554938
IRS990/TotalFunctionalExpensesGrp/TotalAmt0754512
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03043870
IRS990/TotalLiabilitiesEOYAmt02966874
IRS990/TotalLiabilitiesGrp/BOYAmt03043870
IRS990/TotalLiabilitiesGrp/EOYAmt02966874
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-458654
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-353297
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0554938
IRS990/TotalProgramServiceRevenueAmt0851016
IRS990/TotalReportableCompFromOrgAmt00

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,613,577
Liabilities
$2,966,874
Net assets
-$353,297
Revenue
$859,869
Expenses
$754,512
Net income
$105,357
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.58$2.89$0.30$0.88$0.83$0.05
2024Detailed filing. Detailed filing data is available for this year.$2.61$2.97$0.35$0.86$0.75$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$3.04$0.46$0.83$0.77$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$3.16$0.52$0.78$0.78$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$3.20$0.52$0.79$0.72$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$3.29$0.59$0.78$0.70$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$3.35$0.67$0.76$0.69$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$3.56$0.73$0.75$0.69$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$3.63$0.78$0.74$0.68$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$3.68$0.84$0.73$0.67$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.84$3.74$0.90$0.72$0.66$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.83$3.79$0.96$0.71$0.68$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$3.85$1.00$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$3.90$1.05$0.69
2011Summary only. Only limited summary data is available for this year.$3.18$4.25$1.07$0.69$0.69$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$3.19$1.08$0.70