Civic Intelligence

Watervliet Housing Development Fund Company Inc.

990EZ • Fiscal year 2020 • EIN 30-0178029

Oct 01, 2019 to Sep 30, 2020 • Filed on Nov 19, 2020

Organization ProfileWWW.WATERVLIETHOUSING.ORG
2400 2nd AveWatervliet, NY 12189

(518) 273-4717

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

4th percentile

-694%

Higher net margin than 4% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Source year 2020

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2020 filings • NTEE L20 • <$500k nonprofits • Source year 2020

Asset Growth

40th percentile

-3.3%

Faster asset growth than 40% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-89%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • NTEE L • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$384,036

Down $13,134 (-3.3%) from 2019

Net Assets

Down

$384,036

Down $13,134 (-3.3%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin4th percentile

Revenue

Down

$1,893

Down $14,882 (-89%) from 2019

Expenses

Down

$15,027

Down $1,171 (-7.2%) from 2019

Net Income

Down

-$13,134

Down $13,711 (-2376%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$600K$400K$200K$0Assets 2011: $105,791Liabilities 2011: $0Net Assets 2011: $105,7912011Assets 2013: $157,080Liabilities 2013: $0Net Assets 2013: $157,0802013Assets 2016: $400,033Liabilities 2016: $0Net Assets 2016: $400,0332016Assets 2017: $394,823Liabilities 2017: $0Net Assets 2017: $394,8232017Assets 2018: $396,593Liabilities 2018: $0Net Assets 2018: $396,5932018Assets 2019: $397,170Liabilities 2019: $0Net Assets 2019: $397,1702019Assets 2020: $384,036Net Assets 2020: $384,0362020Assets 2021: $345,917Net Assets 2021: $345,9172021Assets 2022: $327,959Net Assets 2022: $327,9592022Assets 2023: $312,565Liabilities 2023: $0Net Assets 2023: $312,5652023Assets 2024: $303,600Liabilities 2024: $0Net Assets 2024: $303,6002024Assets 2025: $302,129Liabilities 2025: $0Net Assets 2025: $302,1292025

Highlighted filing

2020

Assets$384,036
Liabilities-
Net Assets$384,036
Open 2020 Filing

Operations Trend

Revenue Growth6th percentile

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

$150K$100K$50K$0-$50KExpenses 2011: $12,5852011Expenses 2013: $15,1562013Revenue 2016: $127,698Expenses 2016: $13,133Net Income 2016: $114,5652016Revenue 2017: $12,450Expenses 2017: $17,660Net Income 2017: -$5,2102017Revenue 2018: $16,051Expenses 2018: $14,281Net Income 2018: $1,7702018Revenue 2019: $16,775Expenses 2019: $16,198Net Income 2019: $5772019Revenue 2020: $1,893Expenses 2020: $15,027Net Income 2020: -$13,1342020Revenue 2021: $1,330Expenses 2021: $39,449Net Income 2021: -$38,1192021Revenue 2022: $500Expenses 2022: $18,458Net Income 2022: -$17,9582022Revenue 2023: $8,175Expenses 2023: $23,569Net Income 2023: -$15,3942023Revenue 2024: $14,490Expenses 2024: $23,455Net Income 2024: -$8,9652024Revenue 2025: $15,905Expenses 2025: $17,376Net Income 2025: -$1,4712025

Highlighted filing

2020

Revenue$1,893
Expenses$15,027
Net Income-$13,134
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Nov 19, 2020
Return Version
2019v5.0
Gross Receipts
$1,893
Mission and Program Overview

Mission

The company was organized to develop a city television station that promotes anti-drud community events and other activities that help low-moderate income families in watervliet.

Program Services

DescriptionGrantsExpenses
THE COMPANY WORKS TO IMPROVE BUILDING AND DEVELOPMENT OPPORTUNITIES IN THE CITY OF WATERVLIET.$5,284-
THE COMPANY REFURBISHES COMPUTERS TO PROVIDE A COMPUTER TO ANY LOW INCOME RESIDENT OF THEIR UNITS FREE OF CHARGE.$2,702-
THE COMPANY MAINTAINS A PROGRAM FOR KIDS THAT ARE CHILDREN OF RESIDENTS OF THE HOUSING AUTHORITY.$694-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANDRA BESTONChairmanPT$0--
CHARLES A JESEOVice ChairPT$0--
JEFFREY CXARNECKIBoard MemberPT$0--
PAUL MURPHYBoard MemberPT$0--
JANE HAYESBoard MemberPT$0--
MATTHEW ETHIERExecutive DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Watervliet Housing Development Fund
EIN
30-0178029
Phone
5182734717
Address
2400 2ND AVE, WATERVLIET, NY 12189

Signing Officer

Name
Matthew Ethier
Title
Executive Director
Signed
2020-11-19
Discuss with paid preparer
Yes

Preparer

Firm
Maikels & Trainor CPAS
Address
21 Everett Rd Ext, Albany, NY 12205
Preparer
Allen F Maikels CPA
Phone
5184874679
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $2588”

Other Expenses.1

“WVLT TV PROGRAM $3784”

Other Expenses.2

“LAPTOP PROGRAM $2702”

Other Expenses.3

“SUPPLIES $2121”

Other Expenses.4

“HOME BUYER PROGRAM $1500”

Other Expenses.5

“KIDS PROGRAM $694”

Other Expenses.6

“FEES AND LICENSES $100”

Other Expenses.7

“TAXES $38”

Raw XML Appendix139 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MATTHEW ETHIER
IRS990EZ/BooksInCareOfDetail/PhoneNum05182734717
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02400 2ND AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERVLIET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012189
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0262528
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0249394
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13134
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0397170
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0384036
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt01893
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0134642
IRS990EZ/LandAndBuildingsGrp/EOYAmt0134642
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0397170
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0384036
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0397170
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0384036
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SANDRA BESTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARLES A JESEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFFREY CXARNECKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JANE HAYES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MATTHEW ETHIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Executive Dir.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013527
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE COMPANY WAS ORGANIZED TO DEVELOP A CITY TELEVISION STATION THAT PROMOTES ANTI-DRUD COMMUNITY EVENTS AND OTHER ACTIVITIES THAT HELP LOW-MODERATE INCOME FAMILIES IN WATERVLIET.
IRS990EZ/ProgramServiceRevenueAmt01893
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE COMPANY REFURBISHES COMPUTERS TO PROVIDE A COMPUTER TO ANY LOW INCOME RESIDENT OF THEIR UNITS FREE OF CHARGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE COMPANY MAINTAINS A PROGRAM FOR KIDS THAT ARE CHILDREN OF RESIDENTS OF THE HOUSING AUTHORITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE COMPANY WORKS TO IMPROVE BUILDING AND DEVELOPMENT OPPORTUNITIES IN THE CITY OF WATERVLIET.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02702
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1694
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt25284
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt015027
IRS990EZ/TotalProgramServiceExpensesAmt08680
IRS990EZ/TotalRevenueAmt01893
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WATERVLIETHOUSING.ORG
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $2588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WVLT TV PROGRAM $3784
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LAPTOP PROGRAM $2702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES $2121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HOME BUYER PROGRAM $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5KIDS PROGRAM $694
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FEES AND LICENSES $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TAXES $38
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW ETHIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERVLIET HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0300178029
ReturnHeader/Filer/PhoneNum05182734717
ReturnHeader/Filer/USAddress/AddressLine1Txt02400 2ND AVE
ReturnHeader/Filer/USAddress/CityNm0WATERVLIET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012189
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454290980
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Maikels & Trainor CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 Everett Rd Ext
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albany
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012205
ReturnHeader/PreparerPersonGrp/PhoneNum05184874679
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLEN F MAIKELS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-19T06:20:21-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$384,036
Liabilities
-
Net assets
$384,036
Revenue
$1,893
Expenses
$15,027
Net income
-$13,134
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.00$3.02$0.16$0.17$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.00$3.04$0.14$0.23$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$0.00$3.13$0.08$0.24$0.15
2022Detailed filing. Detailed filing data is available for this year.$3.28$3.28$0.01$0.18$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.46$3.46$0.01$0.39$0.38
2020Detailed filing. Detailed filing data is available for this year.$3.84$3.84$0.02$0.15$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.97$0.00$3.97$0.17$0.16$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.00$3.97$0.16$0.14$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.00$3.95$0.12$0.18$0.05
2016Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$1.28$0.13$1.15
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.00$1.57$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$0.13