Civic Intelligence

Fort Hudson Residences Inc

EIN 31-1655779 • 501(c)3 • Fort Edward, NY

Profile

To provide housing for the elderly, specifically designed to meet their physical, emotional, recreational, social, religious, and similar needs.

319 BroadwayFort Edward, NY 12828

www.forthudson.com

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.15x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.13x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

100th percentile

$490,288

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 49.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

6th percentile

-44%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

40th percentile

1.4%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$806,979

Down $1,753,137 (-68%) from 2022

Liabilities

Up

$123,750

Up $1,782 (+1.5%) from 2022

Net Assets

Down

$683,229

Down $1,754,919 (-72%) from 2022

Revenue

Up

$985,585

Up $27,942 (+2.9%) from 2022

Expenses

Down

$699,983

Down $43,306 (-5.8%) from 2022

Net Income

Up

$285,602

Up $71,248 (+33%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2018: $1,885,251Liabilities 2018: $251,671Net Assets 2018: $1,633,5802018Assets 2019: $1,951,795Liabilities 2019: $108,628Net Assets 2019: $1,843,1672019Assets 2020: $2,115,957Liabilities 2020: $121,357Net Assets 2020: $1,994,6002020Assets 2022: $2,560,116Liabilities 2022: $121,968Net Assets 2022: $2,438,1482022Assets 2024: $806,979Liabilities 2024: $123,750Net Assets 2024: $683,2292024

Highlighted filing

2024

Assets$806,979
Liabilities$123,750
Net Assets$683,229

Operations Trend

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

$1.0M$500K$0Revenue 2018: $938,424Expenses 2018: $696,898Net Income 2018: $241,5262018Revenue 2019: $937,046Expenses 2019: $727,459Net Income 2019: $209,5872019Revenue 2020: $869,241Expenses 2020: $717,808Net Income 2020: $151,4332020Revenue 2022: $957,643Expenses 2022: $743,289Net Income 2022: $214,3542022Revenue 2024: $985,585Expenses 2024: $699,983Net Income 2024: $285,6022024

Highlighted filing

2024

Revenue$985,585
Expenses$699,983
Net Income$285,602

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$985,585
Mission and Program Overview

Mission

To provide housing for the elderly, specifically designed to meet their physical, emotional, recreational, social, religious, and similar needs.

To provide housing for the elderly, specifically designed to meet their needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$699,899$649,916▼ $49,983
Cash and Non-Interest-Bearing Accounts$12,323$47,805▲ $35,482
Prepaid Expenses and Deferred Charges$25,505$24,736▼ $769
Accounts Receivable$7,062$4,616▼ $2,446
Total Assets$822,076$806,979▼ $15,097
Other Assets Total$77,287$79,906▲ $2,619
Liabilities
Other Liabilities$82,514$84,939▲ $2,425
Deferred Revenue$28,377$38,811▲ $10,434
Accounts Payable and Accrued Expenses$3,332$0▼ $3,332
Total Liabilities$114,223$123,750▲ $9,527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$707,853$683,229▼ $24,624
Total Net Assets Fund Balance$707,853$683,229▼ $24,624
Total Liabilities and Net Assets / Fund Balance$822,076$806,979▼ $15,097

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$240,045$4,647,567$4,887,612
Leasehold Improvements$108,637$673,486$782,123
Land$301,234-$301,234
Other Assets Org$79,906--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$985,585
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$285,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$699,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$111,404$151,430-$262,834
Occupancy$218,624--$218,624
Depreciation Depletion$161,044--$161,044
Other Expenses$57,481--$57,481
Total Functional Expenses$548,553$151,430$0$699,983
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 Tenants$79,906
Due to Affiliates$5,033
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Fort hudson health system, inc. Is the sole corporate member of fort hudson residences, inc.

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

Fort hudson health system, inc. Appoints members to the board of fort hudson residences, inc.

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

Return is provided to the board for comment and approval prior to submission.

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

Annual disclosure and requirement to inform of changes.

Form 990, Part VI, Section B, Line 15

Industry data from trade association is used by the board to set parameters for salary and benefit levels.

Form 990, Part VI, Section C, Line 18

Upon written request based on statutory and regulatory requirements.

Form 990, Part VI, Section C, Line 19

Upon written request based on statutory and regulatory requirements.

Filing and Contact Details

Filer

Filer Name
Fort Hudson Residences Inc
EIN
31-1655779
Phone
5187472811
Address
319 BROADWAY, FORT EDWARD, NY 12828

Signing Officer

Name
John Coburn
Title
CFO
Phone
5187472811
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Cruikshank
Formed
1999
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Bonadio & Co Llp
Address
6 WEMBLEY CT, ALBANY, NY 12205
Preparer
Michelle Mundy
Phone
5184644080
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Write-off of intercompany debt -310,226.

Form 990, Part XII, Line 2C

Process has not changed from the prior year.

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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0301234
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0108637
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0673486
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0782123
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt079906
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt179906
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO TENANTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0649916
IRS990ScheduleD/TotalBookValueOtherAssetsAmt079906
IRS990ScheduleD/TotalLiabilityAmt084939
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0382380
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1220968
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0107908
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt162357
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANDREW CRUIKSHANK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOHN COBURN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0490288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1283325
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0INDUSTRY DATA FROM TRADE ASSOCIATION USED BY THE BOARD TO SET PARAMETERS FOR SALARY AND BENEFIT LEVELS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORT HUDSON HEALTH SYSTEM, INC. IS THE SOLE CORPORATE MEMBER OF FORT HUDSON RESIDENCES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORT HUDSON HEALTH SYSTEM, INC. APPOINTS MEMBERS TO THE BOARD OF FORT HUDSON RESIDENCES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RETURN IS PROVIDED TO THE BOARD FOR COMMENT AND APPROVAL PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL DISCLOSURE AND REQUIREMENT TO INFORM OF CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INDUSTRY DATA FROM TRADE ASSOCIATION IS USED BY THE BOARD TO SET PARAMETERS FOR SALARY AND BENEFIT LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON WRITTEN REQUEST BASED ON STATUTORY AND REGULATORY REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON WRITTEN REQUEST BASED ON STATUTORY AND REGULATORY REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WRITE-OFF OF INTERCOMPANY DEBT -310,226.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0FORT HUDSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1FORT HUDSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2FORT HUDSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3FORT HUDSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FORT HUDSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1FORT HUDSON NURSING CENTER INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2FORT HUDSON HOME CARE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3FORT HUDSON FOUNDATION CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4FORT HUDSON CERTIFIED HOME HEALTH AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0200928661
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1200481583
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2208166870
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3223368083
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4463241378
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY

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