Civic Intelligence

Watervliet Housing Development Fund Company Inc.

990EZ • Fiscal year 2024 • EIN 30-0178029

Oct 01, 2023 to Sep 30, 2024 • Filed on Dec 27, 2024

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

37th percentile

0.00x

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

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.00x

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

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Net Margin

15th percentile

-62%

Higher net margin than 15% of similar nonprofits.

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-2.9%

Faster asset growth than 36% of similar nonprofits.

2024 filings • NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

77%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$303,600

Down $8,965 (-2.9%) from 2023

Net Assets

Down

$303,600

Down $8,965 (-2.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin15th percentile

Revenue

Up

$14,490

Up $6,315 (+77%) from 2023

Expenses

Down

$23,455

Down $114 (-0.5%) from 2023

Net Income

Up

-$8,965

Up $6,429 (+42%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth36th 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

2024

Assets$303,600
Liabilities$0
Net Assets$303,600
Open 2024 Filing

Operations Trend

Revenue Growth90th 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

2024

Revenue$14,490
Expenses$23,455
Net Income-$8,965
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Dec 27, 2024
Return Version
2023v6.0
Gross Receipts
$14,490
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.-$6,553
THE COMPANY MAINTAINS A PROGRAM FOR KIDS THAT ARE CHILDEN OF RESIDENTS OF THE HOUSING AUTHORITY.-$3,842
THE COMPANY WORKS TO IMPROVE BUILDING AND DEVELOPMENT OPPORTUNITIES IN THE CIRT OF WATERVLIET.-$41
Compensation and Service Providers
Top Officer Pay82nd 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
2024-12-27
Discuss with paid preparer
No

Preparer

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

Additional Explanations

Description of other expenses Part I line 16

“Description amountinsurance 5,025local development 41miscellaneous 6,604laptop program 6,553kids program 3,842”

Raw XML Appendix135 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/BOYAmt0177923
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0168958
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8965
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01390
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0312565
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0303600
IRS990EZ/GrossReceiptsAmt014490
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0134642
IRS990EZ/LandAndBuildingsGrp/EOYAmt0134642
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0312565
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0303600
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0312565
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0303600
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/OtherExpensesTotalAmt022065
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE COMPANY WAS ORGANIZED TO DEVELOP
IRS990EZ/ProgramServiceRevenueAmt014490
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/ProgramServiceExpensesAmt03842
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt16553
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt241
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023455
IRS990EZ/TotalProgramServiceExpensesAmt010436
IRS990EZ/TotalRevenueAmt014490
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WATERVLIETHOUSING.ORG
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 5,025LOCAL DEVELOPMENT 41MISCELLANEOUS 6,604LAPTOP PROGRAM 6,553KIDS PROGRAM 3,842
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDRA BESTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05184874679
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-27
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454290980
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/PreparationDt02025-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Allen F Maikels CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-12T08:32:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$303,600
Liabilities
$0
Net assets
$303,600
Revenue
$14,490
Expenses
$23,455
Net income
-$8,965
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
2024Detailed filing. Detailed filing data is available for this year.$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
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