Civic Intelligence

Village Housing Development Fund Corporation

990 • Fiscal year 2017 • EIN 31-1619096

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 02, 2018

Organization ProfileWWW.VILLAGECARE.ORG
120 Broadway No 2840New York, NY 10271

(212) 337-5600

Siviq Scores

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

Liabilities / Assets

91st percentile

1.23x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

3.00x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Net Margin

28th percentile

-10%

Higher net margin than 28% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

94th percentile

$1,006,066

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

2017 filings • NTEE L • $10M-$25M nonprofits • Source year 2017

Asset Growth

34th percentile

-1.6%

Faster asset growth than 34% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

38th percentile

0.5%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • NTEE L • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$11,050,295

Down $174,884 (-1.6%) from 2016

Net Assets

Down

-$2,536,593

Down $465,053 (-22%) from 2016

Liabilities

Up

$13,586,888

Up $290,169 (+2.2%) from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin28th percentile

Revenue

Up

$4,528,053

Up $22,807 (+0.5%) from 2016

Expenses

Up

$4,993,106

Up $174,311 (+3.6%) from 2016

Net Income

Down

-$465,053

Down $151,504 (-48%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$20M$10M$0-$10MAssets 2010: $13,666,654Liabilities 2010: $17,708,923Net Assets 2010: -$4,042,2692010Assets 2011: $13,239,195Liabilities 2011: $13,866,758Net Assets 2011: -$627,5632011Assets 2012: $12,945,389Liabilities 2012: $14,542,971Net Assets 2012: -$1,597,5822012Assets 2013: $11,987,313Liabilities 2013: $14,215,559Net Assets 2013: -$2,228,2462013Assets 2014: $11,747,086Liabilities 2014: $13,250,724Net Assets 2014: -$1,503,6382014Assets 2015: $11,370,765Liabilities 2015: $13,128,756Net Assets 2015: -$1,757,9912015Assets 2016: $11,225,179Liabilities 2016: $13,296,719Net Assets 2016: -$2,071,5402016Assets 2017: $11,050,295Liabilities 2017: $13,586,888Net Assets 2017: -$2,536,5932017Assets 2019: $10,800,102Liabilities 2019: $12,896,422Net Assets 2019: -$2,096,3202019Assets 2020: $11,707,072Liabilities 2020: $13,803,392Net Assets 2020: -$2,096,3202020Assets 2021: $14,049,101Liabilities 2021: $16,145,421Net Assets 2021: -$2,096,3202021Assets 2022: $10,098,334Liabilities 2022: $12,194,654Net Assets 2022: -$2,096,3202022Assets 2023: $8,959,875Liabilities 2023: $11,030,542Net Assets 2023: -$2,070,6672023Assets 2024: $8,685,113Liabilities 2024: $10,722,161Net Assets 2024: -$2,037,0482024

Highlighted filing

2017

Assets$11,050,295
Liabilities$13,586,888
Net Assets-$2,536,593
Open 2017 Filing

Operations Trend

Revenue Growth38th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,843,5132010Expenses 2011: $3,908,6552011Expenses 2012: $4,472,6052012Revenue 2013: $3,677,135Expenses 2013: $4,307,799Net Income 2013: -$630,6642013Revenue 2014: $3,872,784Expenses 2014: $4,469,216Net Income 2014: -$596,4322014Revenue 2015: $4,417,115Expenses 2015: $4,671,468Net Income 2015: -$254,3532015Revenue 2016: $4,505,246Expenses 2016: $4,818,795Net Income 2016: -$313,5492016Revenue 2017: $4,528,053Expenses 2017: $4,993,106Net Income 2017: -$465,0532017Revenue 2019: $6,317,200Expenses 2019: $5,133,178Net Income 2019: $1,184,0222019Revenue 2020: $6,596,699Expenses 2020: $6,596,699Net Income 2020: $02020Revenue 2021: $5,851,197Expenses 2021: $5,851,197Net Income 2021: $02021Revenue 2022: $5,912,679Expenses 2022: $5,912,679Net Income 2022: $02022Revenue 2023: $5,859,158Expenses 2023: $5,833,505Net Income 2023: $25,6532023Revenue 2024: $6,023,121Expenses 2024: $5,989,502Net Income 2024: $33,6192024

Highlighted filing

2017

Revenue$4,528,053
Expenses$4,993,106
Net Income-$465,053
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 2, 2018
Return Version
2017v2.3
Gross Receipts
$4,528,053
Mission and Program Overview

Mission

Vhdfc operates a medicaid assisted living, independent living, and enriched housing program. Services include assistance with activities of daily living, medication assistance, housekeeping, a dynamic activities program, and restaurant-style meals. In 2020, vhdfc provided housing, food, and care for over 30,000 resident days.

Village housing development fund corporation (vhdfc) operates a medicaid assisted living, independent living, and enriched housing program. Services include assistance with activities of daily living, medication assistance, housekeeping, a dynamic activities program, and restaurant-style meals. In 2017, vhdfc provided housing, food, and care for over 30,000 resident days.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,354,584$10,089,926▼ $264,658
Accounts Receivable$199,694$237,918▲ $38,224
Pledges and Grants Receivable$93,284$191,783▲ $98,499
Prepaid Expenses and Deferred Charges-$67,238-
Cash and Non-Interest-Bearing Accounts$53,723$32,261▼ $21,462
Total Assets$11,225,179$11,050,295▼ $174,884
Other Assets Total$523,894$431,169▼ $92,725
Liabilities
Tax Exempt Bond Liabilities$7,769,634$7,550,650▼ $218,984
Mortgage Notes Payable Secured by Investment Property$4,714,800$4,692,400▼ $22,400
Other Liabilities$322,876$998,725▲ $675,849
Accounts Payable and Accrued Expenses$489,409$345,113▼ $144,296
Total Liabilities$13,296,719$13,586,888▲ $290,169
Net Assets / Fund Balance
Unrestricted Net Assets$-2,071,540$-2,536,593▼ $465,053
Total Net Assets Fund Balance$-2,071,540$-2,536,593▼ $465,053
Total Liabilities and Net Assets / Fund Balance$11,225,179$11,050,295▼ $174,884

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,132,960$8,087,489$16,220,449
Land$1,600,000-$1,600,000
Equipment$356,966$711,005$1,067,971
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandy FreelandAdministratorFT$176,509$51,971$228,480

Board Members and Trustees

NameTitle
David H SidwellChair of Board
Emma DevitoPresident and CEO
Antoinette CassettaExecutive Vice President (outgoing)
Eleanor S ApplewhaiteDirector
James J GardinerDirector
Mary CaracappaDirector
Rachel AmalfitanoChief Financial Officer (outgoing)
Daniel M FoxSecretary
John W BehreTreasurer
Patricia M OwensTreasurer (outgoing)
Revenue and Support

Revenue Composition

Contributions and Grants
$447,312
Program Service Revenue
$4,080,741
Investment Income
$0
Other Revenue
$0
All Other Contributions
$63,688
Change in Net Assets
$-465,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,528,053
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,528,053
Total Revenue per Form 990
$4,528,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,652,487
Salaries, Compensation, and Employee Benefits$2,340,619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,577,955$156,062-$1,734,017
Depreciation Depletion$646,559$25,959-$672,518
Interest$164,013$305,447-$469,460
Fees for Services Other$368,511$36,446-$404,957
Other Employee Benefits$347,572$34,375-$381,947
Payroll Taxes$138,037$13,652-$151,689
Pension Plan Contributions$66,399$6,567-$72,966
Insurance$17,013$45,546-$62,559
Other Expenses$6,533$17,491-$24,024
Office Expenses$3,786$10,135-$13,921
Travel$3,125$8,366-$11,491
Total Functional Expenses$4,123,148$869,958$0$4,993,106

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,993,106
Total Expenses per Audited Statements$4,993,106
Total Expenses per Form 990$4,993,106
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
Due to Related Entities$955,447
Due to Third Parties$43,278
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 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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Village care of new york ("vcny") is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“Village care of new york, as the sole member of the organization has the power to appoint the board of directors.”

Form 990, Part VI, Section A, Line 7B

“Village care of new york, as the sole member of the organization has the power to remove directors with or without cause.”

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

“The form 990 is distributed to the audit committee and the full board for review and comment prior to filing with the irs.”

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

“Each board member, principal officer, and member of a committee with board delegating power shall annually sign a conflict of interest statement. The statement is disclosed to village care of new york (vcny) and subsidiaries corporate compliance officer who would report the findings to the vcny board executive committee. If a conflict were to be found, the conflicted person would be recused from matters relating to his/her possible conflict.”

Form 990, Part VI, Section C, Line 19

“Vhfc makes available its governing documents, conflict of interest policy and financials statements to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Village Housing Development
EIN
31-1619096
Phone
2123375600
Address
120 BROADWAY NO 2840, NEW YORK, NY 10271

Signing Officer

Name
Emma Devito
Title
President & CEO
Phone
2123375600
Signed
2018-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emma Devito
Formed
1998
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
6
Employees
43
Volunteers
6

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena M Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Uncertainty in income taxes - vhdfc has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Periods ending december 31, 2014 and subsequent remain subject to examination by applicable taxing authorities.”

Raw XML AppendixShowing 400 of 681 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0489409
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0345113
IRS990/AccountsReceivableGrp/BOYAmt0199694
IRS990/AccountsReceivableGrp/EOYAmt0237918
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0VILLAGE HOUSING DEVELOPMENT FUND CORPORATION (VHDFC) OPERATES A MEDICAID ASSISTED LIVING, INDEPENDENT LIVING, AND ENRICHED HOUSING PROGRAM. SERVICES INCLUDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEDICATION ASSISTANCE, HOUSEKEEPING, A DYNAMIC ACTIVITIES PROGRAM, AND RESTAURANT-STYLE MEALS. IN 2017, VHDFC PROVIDED HOUSING, FOOD, AND CARE FOR OVER 30,000 RESIDENT DAYS.
IRS990/AllOtherContributionsAmt063688
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0LEON SEARS CFO
IRS990/BooksInCareOfDetail/PhoneNum02123375600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 BROADWAY SUITE 2840
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010271
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt053723
IRS990/CashNonInterestBearingGrp/EOYAmt032261
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0447312
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02652487
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04080741
IRS990/CYRevenuesLessExpensesAmt0-465053
IRS990/CYSalariesCompEmpBnftPaidAmt02340619
IRS990/CYTotalExpensesAmt04993106
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04528053
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt025959
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0646559
IRS990/DepreciationDepletionGrp/TotalAmt0672518
IRS990/Desc0VILLAGE HOUSING DEVELOPMENT FUND CORPORATION (VHDFC) OPERATES A MEDICAID ASSISTED LIVING, INDEPENDENT LIVING, AND ENRICHED HOUSING PROGRAM. SERVICES INCLUDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEDICATION ASSISTANCE, HOUSEKEEPING, A DYNAMIC ACTIVITIES PROGRAM, AND RESTAURANT-STYLE MEALS. IN 2017, VHDFC PROVIDED HOUSING, FOOD, AND CARE FOR OVER 30,000 RESIDENT DAYS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt043
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04123148
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt036446
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0368511
IRS990/FeesForServicesOtherGrp/TotalAmt0404957
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt23.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt335.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt43.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt53.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt63.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt834.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt934.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1035.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt348794
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt847533
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt944621
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1025537
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL M FOX
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID H SIDWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2ELEANOR S APPLEWHAITE
IRS990/Form990PartVIISectionAGrp/PersonNm3EMMA DEVITO
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES J GARDINER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN W BEHRE
IRS990/Form990PartVIISectionAGrp/PersonNm6MARY CARACAPPA
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICIA M OWENS
IRS990/Form990PartVIISectionAGrp/PersonNm8ANTOINETTE CASSETTA
IRS990/Form990PartVIISectionAGrp/PersonNm9RACHEL AMALFITANO
IRS990/Form990PartVIISectionAGrp/PersonNm10SANDY FREELAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10202943
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3957272
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8475987
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9469830
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR OF BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE VICE PRESIDENT (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF FINANCIAL OFFICER (OUTGOING)
IRS990/Form990PartVIISectionAGrp/TitleTxt10ADMINISTRATOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04528053
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt045546
IRS990/InsuranceGrp/ProgramServicesAmt017013
IRS990/InsuranceGrp/TotalAmt062559
IRS990/InterestGrp/ManagementAndGeneralAmt0305447
IRS990/InterestGrp/ProgramServicesAmt0164013
IRS990/InterestGrp/TotalAmt0469460
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08798494
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010354584
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010089926
IRS990/LandBldgEquipCostOrOtherBssAmt018888420
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VILLAGE HOUSING DEVELOPMENT FUND CORPORATION (VHDFC) OPERATES A MEDICAID ASSISTED LIVING, INDEPENDENT LIVING, AND ENRICHED HOUSING PROGRAM. SERVICES INCLUDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEDICATION ASSISTANCE, HOUSEKEEPING, A DYNAMIC ACTIVITIES PROGRAM, AND RESTAURANT-STYLE MEALS. IN 2017, VHDFC PROVIDED HOUSING, FOOD, AND CARE FOR OVER 30,000 RESIDENT DAYS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04714800
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04692400
IRS990/NetAssetsOrFundBalancesBOYAmt0-2071540
IRS990/NetAssetsOrFundBalancesEOYAmt0-2536593
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010135
IRS990/OfficeExpensesGrp/ProgramServicesAmt03786
IRS990/OfficeExpensesGrp/TotalAmt013921
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0523894
IRS990/OtherAssetsTotalGrp/EOYAmt0431169
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt034375
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0347572
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0381947
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt039755
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1170157
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217491
IRS990/OtherExpensesGrp/ProgramServicesAmt0604244
IRS990/OtherExpensesGrp/ProgramServicesAmt1130324
IRS990/OtherExpensesGrp/ProgramServicesAmt249077
IRS990/OtherExpensesGrp/ProgramServicesAmt36533
IRS990/OtherExpensesGrp/TotalAmt0643999
IRS990/OtherExpensesGrp/TotalAmt1300481
IRS990/OtherExpensesGrp/TotalAmt249077
IRS990/OtherExpensesGrp/TotalAmt324024
IRS990/OtherLiabilitiesGrp/BOYAmt0322876
IRS990/OtherLiabilitiesGrp/EOYAmt0998725
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0156062
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01577955
IRS990/OtherSalariesAndWagesGrp/TotalAmt01734017
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013652
IRS990/PayrollTaxesGrp/ProgramServicesAmt0138037
IRS990/PayrollTaxesGrp/TotalAmt0151689
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06567
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt066399
IRS990/PensionPlanContributionsGrp/TotalAmt072966
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt093284
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0191783
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067238
IRS990/PrincipalOfficerNm0EMMA DEVITO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04080741
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04080741
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0358247
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02538264
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt04146999
IRS990/PYRevenuesLessExpensesAmt0-313549
IRS990/PYSalariesCompEmpBnftPaidAmt02280531
IRS990/PYTotalExpensesAmt04818795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04505246
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-465053
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0383624
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04080741
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0447312
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0358247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0316799
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt023758
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01156616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04080741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04146999
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04100316
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03849022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03666631
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019843709
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt021000325
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04528053
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04505246
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04417115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03872780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03677131
IRS990ScheduleA/Total509Grp/TotalAmt021000325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04528053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt04505246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04417115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03872784
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03677135
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt021000333
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt08132960
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08087489
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016220449
IRS990ScheduleD/EquipmentGrp/BookValueAmt0356966
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0711005
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01067971
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04993106
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01600000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01600000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0955447
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143278
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO THIRD PARTIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04528053
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNCERTAINTY IN INCOME TAXES - VHDFC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2014 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010089926
IRS990ScheduleD/TotalExpensesPerForm990Amt04993106
IRS990ScheduleD/TotalLiabilityAmt0998725
IRS990ScheduleD/TotalRevenuePerForm990Amt04528053
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04528053
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04993106
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3176509
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0132165
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt151354
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt237840
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0737210
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1384399
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2256353
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt39182
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt032400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt132400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt231021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$11,050,295
Liabilities
$13,586,888
Net assets
-$2,536,593
Revenue
$4,528,053
Expenses
$4,993,106
Net income
-$465,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.69$10.7$2.04$6.02$5.99$0.03
2023Detailed filing. Detailed filing data is available for this year.$8.96$11.0$2.07$5.86$5.83$0.03
2022Detailed filing. Detailed filing data is available for this year.$10.1$12.2$2.10$5.91$5.91$0.00
2021Detailed filing. Detailed filing data is available for this year.$14.0$16.1$2.10$5.85$5.85$0.00
2020Detailed filing. Detailed filing data is available for this year.$11.7$13.8$2.10$6.60$6.60$0.00
2019Detailed filing. Detailed filing data is available for this year.$10.8$12.9$2.10$6.32$5.13$1.18
2017Detailed filing. Detailed filing data is available for this year.$11.1$13.6$2.54$4.53$4.99$0.47
2016Detailed filing. Detailed filing data is available for this year.$11.2$13.3$2.07$4.51$4.82$0.31
2015Detailed filing. Detailed filing data is available for this year.$11.4$13.1$1.76$4.42$4.67$0.25
2014Detailed filing. Detailed filing data is available for this year.$11.7$13.3$1.50$3.87$4.47$0.60
2013Detailed filing. Detailed filing data is available for this year.$12.0$14.2$2.23$3.68$4.31$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$14.5$1.60$4.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$13.9$0.63$3.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$17.7$4.04$3.84