Civic Intelligence

Loyola Development Corporation

EIN 26-1622245 • 501(c)3 • Waterbury, CT

Profile

Loyola development corporation is a non-profit organization that was established to prevent and eliminate neighborhood deterioration and to promote the general social welfare of the community through the construction, rehabilitation, ownership or operation of housing

PO Box 2209 No 101BWaterbury, CT 06720

loyoladevelopment.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.02x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

5th percentile

-358%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

25th percentile

-34%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

-2.6%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$148,498

Down $77,254 (-34%) from 2016

Liabilities

Down

$3,665

Down $15,933 (-81%) from 2016

Net Assets

Down

$144,833

Down $61,321 (-30%) from 2016

Operations
Liabilities / Revenue87th percentileNet Margin5th percentile

Revenue

Down

$17,145

Down $456 (-2.6%) from 2016

Expenses

Down

$78,466

Down $82,802 (-51%) from 2016

Net Income

Up

-$61,321

Up $82,346 (+57%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $72,914Liabilities 2011: $5,465Net Assets 2011: $67,4492011Assets 2012: $272,551Liabilities 2012: $153,371Net Assets 2012: $119,1802012Assets 2013: $588,562Liabilities 2013: $307,521Net Assets 2013: $281,0412013Assets 2014: $375,029Liabilities 2014: $54,862Net Assets 2014: $320,1672014Assets 2015: $717,647Liabilities 2015: $128,506Net Assets 2015: $589,1412015Assets 2016: $225,752Liabilities 2016: $19,598Net Assets 2016: $206,1542016Assets 2017: $148,498Liabilities 2017: $3,665Net Assets 2017: $144,8332017

Highlighted filing

2017

Assets$148,498
Liabilities$3,665
Net Assets$144,833
Open 2017 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $170,2072011Expenses 2012: $155,4782012Expenses 2013: $143,6762013Revenue 2014: $559,447Expenses 2014: $520,321Net Income 2014: $39,1262014Revenue 2015: $483,815Expenses 2015: $214,841Net Income 2015: $268,9742015Revenue 2016: $17,601Expenses 2016: $161,268Net Income 2016: -$143,6672016Revenue 2017: $17,145Expenses 2017: $78,466Net Income 2017: -$61,3212017

Highlighted filing

2017

Revenue$17,145
Expenses$78,466
Net Income-$61,321
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$148,498
Liabilities
$3,665
Net assets
$144,833
Revenue
$17,145
Expenses
$78,466
Net income
-$61,321
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$1.48$0.04$1.45$0.17$0.78$0.61
2016Detailed filing. Detailed filing data is available for this year.$2.26$0.20$2.06$0.18$1.61$1.44
2015Detailed filing. Detailed filing data is available for this year.$7.18$1.29$5.89$4.84$2.15$2.69
2014Detailed filing. Detailed filing data is available for this year.$3.75$0.55$3.20$5.59$5.20$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$3.08$2.81$1.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$1.53$1.19$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.05$0.67$1.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$17,145
Mission and Program Overview

Mission

Loyola development corporation is a non-profit organization that was established to prevent and eliminate neighborhood deterioration and to promote the general social welfare of the community through the construction, rehabilitation, ownership or operation of housing

Revitalization planning and implementation.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN VAZTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Loyola Development Corporation
EIN
26-1622245
Phone
2033460999
Address
PO BOX 2209 NO 101B, WATERBURY, CT 06720

Signing Officer

Name
John Vaz
Title
Treasurer
Phone
2033460999
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
ZACKIN ZIMYESKI SULLIVAN CPA'S LLC
Address
1 EXCHANGE PLACE 6TH FL, WATERBURY, CT 06702-1391
Preparer
Keith F Sullivan
Phone
2037532200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: general programs. Amount: 3,702. Description: general insurance. Amount: 6,244. Description: office expense. Amount: 2,867. Total to form 990-ez, line 16: 12,813.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: advances. Beg. Of year amount: 11,330. End of year amount: 6,904. Description: investment. Beg. Of year amount: 93,087. End of year amount: 123,193. Description: other depreciable assets. Beg. Of year amount: 1,512. End of year amount: 250.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: payables. Beg. Of year amount: 19,598. End of year amount: 3,665.”

Raw XML Appendix154 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02033460999
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERBURY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/ProgramServiceRevenueAmt017145
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalRevenueAmt017145
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0LOYOLADEVELOPMENT.ORG
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0559447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0305537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01348799
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2SHORT TERM CASH ADVANCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt015000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt17000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt227000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LEONARD MECCA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1WILLIAM SUMMA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD MEMBER
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: GENERAL PROGRAMS. AMOUNT: 3,702. DESCRIPTION: GENERAL INSURANCE. AMOUNT: 6,244. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,867. TOTAL TO FORM 990-EZ, LINE 16: 12,813.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVANCES. BEG. OF YEAR AMOUNT: 11,330. END OF YEAR AMOUNT: 6,904. DESCRIPTION: INVESTMENT. BEG. OF YEAR AMOUNT: 93,087. END OF YEAR AMOUNT: 123,193. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 1,512. END OF YEAR AMOUNT: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYABLES. BEG. OF YEAR AMOUNT: 19,598. END OF YEAR AMOUNT: 3,665.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN VAZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02033460999
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOYOLA DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LOYO
ReturnHeader/Filer/EIN0261622245
ReturnHeader/Filer/PhoneNum02033460999
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2209 NO 101B
ReturnHeader/Filer/USAddress/CityNm0WATERBURY
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.92.179.61
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:16:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061438606
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ZACKIN ZIMYESKI SULLIVAN CPA'S LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 EXCHANGE PLACE 6TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WATERBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0067021391
ReturnHeader/PreparerPersonGrp/PhoneNum02037532200
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH F SULLIVAN
ReturnHeader/ReturnTs02018-05-15T14:31:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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