Civic Intelligence

Watervliet Housing Development Fund Company Inc.

990EZ • Fiscal year 2023 • EIN 30-0178029

Oct 01, 2022 to Sep 30, 2023 • Filed on Nov 15, 2023

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

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE L • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-188%

Higher net margin than 9% of similar nonprofits.

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2023 filings • NTEE L20 • <$500k nonprofits • Source year 2023

Asset Growth

37th percentile

-4.7%

Faster asset growth than 37% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

1535%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • NTEE L • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$312,565

Down $15,394 (-4.7%) from 2022

Net Assets

Down

$312,565

Down $15,394 (-4.7%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin9th percentile

Revenue

Up

$8,175

Up $7,675 (+1535%) from 2022

Expenses

Up

$23,569

Up $5,111 (+28%) from 2022

Net Income

Up

-$15,394

Up $2,564 (+14%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth37th 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

2023

Assets$312,565
Liabilities$0
Net Assets$312,565
Open 2023 Filing

Operations Trend

Revenue Growth99th 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

2023

Revenue$8,175
Expenses$23,569
Net Income-$15,394
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$8,175
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.

The company was organized to develop

Program Services

DescriptionGrantsExpenses
THE COMPANY REFURBISHES COMPUTERS TO PROVIDE A COMPUTER TO ANY LOW INCOME RESIDENT OF THEIR UNITS FREE OF CHARGE.-$10,451
THE COMPANY MAINTAINS A PROGRAM FOR KIDS THAT ARE CHILDEN OF RESIDENTS OF THE HOUSING AUTHORITY.-$4,144
THE COMPANY WORKS TO IMPROVE BUILDING AND DEVELOPMENT OPPORTUNITIES IN THE CIRT OF WATERVLIET.-$1,013
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANDRA BESTONChair-$0--
CHRISTINE CHARTRANDBoard Member-$0--
JEFFREY CZARNECKIBoard Member-$0--
PAUL MURPHYBoard Member-$0--
JANE HAYESVice Chair-$0--
JOHN MCAVOYBoard Member-$0--
JAMI BODOBoard Member-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Sandra Beston
Title
President
Phone
5184874679
Signed
2023-11-15
Discuss with paid preparer
No

Preparer

Firm
Maikels & Trainor Cpas
Address
21 EVERETT ROAD EXT, Albany, NY 12205
Preparer
Allen F Maikles CPA
Phone
5184874679
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountinsurance 5,025license and permits 100miscellaneous 1,636laptop program 10,451kids program 4,144local development 1,013”

Raw XML Appendix140 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 EITHIER
IRS990EZ/BooksInCareOfDetail/PhoneNum05182734717
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02400 2ND AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WATERVLIET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd012189
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0193317
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0177923
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15394
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01200
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0327959
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0312565
IRS990EZ/GrossReceiptsAmt08175
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0134642
IRS990EZ/LandAndBuildingsGrp/EOYAmt0134642
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0327959
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0312565
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0327959
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0312565
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SANDRA BESTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTINE CHARTRAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFFREY CZARNECKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JANE HAYES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOHN MCAVOY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAMI BODO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt022369
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE COMPANY WAS ORGANIZED TO DEVELOP
IRS990EZ/ProgramServiceRevenueAmt08175
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE COMPANY MAINTAINS A PROGRAM FOR KIDS THAT ARE CHILDEN OF RESIDENTS OF THE HOUSING AUTHORITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE COMPANY REFURBISHES COMPUTERS TO PROVIDE A COMPUTER TO ANY LOW INCOME RESIDENT OF THEIR UNITS FREE OF CHARGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE COMPANY WORKS TO IMPROVE BUILDING AND DEVELOPMENT OPPORTUNITIES IN THE CIRT OF WATERVLIET.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04144
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt110451
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21013
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023569
IRS990EZ/TotalProgramServiceExpensesAmt015608
IRS990EZ/TotalRevenueAmt08175
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WATERVLIETHOUSING.ORG
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 5,025LICENSE AND PERMITS 100MISCELLANEOUS 1,636LAPTOP PROGRAM 10,451KIDS PROGRAM 4,144LOCAL DEVELOPMENT 1,013
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDRA BESTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05184874679
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERVLIET HOUSING DEVELOPMENT FUND COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0300178029
ReturnHeader/Filer/USAddress/AddressLine1Txt02400 2ND AVE
ReturnHeader/Filer/USAddress/CityNm0WATERVLIET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012189
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAIKELS & TRAINOR CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021 EVERETT ROAD EXT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albany
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012205
ReturnHeader/PreparerPersonGrp/PhoneNum05184874679
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Allen F Maikles CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-07-18T08:26:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SANDRA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BESTON
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$312,565
Liabilities
$0
Net assets
$312,565
Revenue
$8,175
Expenses
$23,569
Net income
-$15,394
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
2023Detailed filing. Detailed filing data is available for this year.$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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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