Civic Intelligence

Broadway Rio Housing Development Fund Company Inc

990 • Fiscal year 2018 • EIN 45-2155957

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

Organization ProfileWWW.BROADWAYHOUSING.ORG
583 Riverside Drive 7th FloorNew York, NY 10031

(212) 568-2030

Siviq Scores

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

Liabilities / Assets

61st percentile

0.89x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

5.10x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2018

Net Margin

75th percentile

11%

Higher net margin than 75% of similar nonprofits.

2018 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

69th percentile

$203,329

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2018 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2018

Asset Growth

74th percentile

0.8%

Faster asset growth than 74% of similar nonprofits.

2018 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-6.0%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets61st percentile

Assets

Flat

$4,738,459

Flat from 2018

Net Assets

Flat

$516,150

Flat from 2018

Liabilities

Flat

$4,222,309

Flat from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin75th percentile

Revenue

Flat

$827,806

Flat from 2018

Expenses

Flat

$738,594

Flat from 2018

Net Income

Flat

$89,212

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $4,251,930Liabilities 2012: $4,164,571Net Assets 2012: $87,3592012Assets 2013: $4,350,741Liabilities 2013: $4,308,945Net Assets 2013: $41,7962013Assets 2014: $4,222,567Liabilities 2014: $4,254,276Net Assets 2014: -$31,7092014Assets 2015: $4,234,920Liabilities 2015: $4,094,249Net Assets 2015: $140,6712015Assets 2016: $4,363,741Liabilities 2016: $4,138,532Net Assets 2016: $225,2092016Assets 2017: $4,699,816Liabilities 2017: $4,272,878Net Assets 2017: $426,9382017Assets 2018: $4,738,459Liabilities 2018: $4,222,309Net Assets 2018: $516,1502018Assets 2018: $4,738,459Liabilities 2018: $4,222,309Net Assets 2018: $516,1502018Assets 2019: $4,798,544Liabilities 2019: $4,079,037Net Assets 2019: $719,5072019Assets 2020: $4,731,399Liabilities 2020: $4,116,833Net Assets 2020: $614,5662020Assets 2021: $4,203,919Liabilities 2021: $4,121,563Net Assets 2021: $82,3562021Assets 2022: $3,861,415Liabilities 2022: $4,125,211Net Assets 2022: -$263,7962022Assets 2024: $3,193,170Liabilities 2024: $4,205,671Net Assets 2024: -$1,012,5012024

Highlighted filing

2018

Assets$4,738,459
Liabilities$4,222,309
Net Assets$516,150
Open 2018 Filing

Operations Trend

Revenue Growth21st percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2012: $1,433,386Expenses 2012: $736,297Net Income 2012: $697,0892012Revenue 2013: $718,868Expenses 2013: $764,431Net Income 2013: -$45,5632013Revenue 2014: $740,795Expenses 2014: $814,300Net Income 2014: -$73,5052014Revenue 2015: $764,976Expenses 2015: $592,596Net Income 2015: $172,3802015Revenue 2016: $756,092Expenses 2016: $671,554Net Income 2016: $84,5382016Revenue 2017: $880,819Expenses 2017: $679,090Net Income 2017: $201,7292017Revenue 2018: $827,806Expenses 2018: $738,594Net Income 2018: $89,2122018Revenue 2018: $827,806Expenses 2018: $738,594Net Income 2018: $89,2122018Revenue 2019: $910,473Expenses 2019: $695,450Net Income 2019: $215,0232019Revenue 2020: $804,314Expenses 2020: $909,255Net Income 2020: -$104,9412020Revenue 2021: $836,346Expenses 2021: $1,368,556Net Income 2021: -$532,2102021Revenue 2022: $796,246Expenses 2022: $1,142,398Net Income 2022: -$346,1522022Revenue 2024: $813,549Expenses 2024: $1,188,795Net Income 2024: -$375,2462024

Highlighted filing

2018

Revenue$827,806
Expenses$738,594
Net Income$89,212
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$827,806
Mission and Program Overview

Mission

To operate a low-income housing project known as the RIO comprised of 82 apartments located at 10 Fort Washington Avenue, New York, new york.

Operating a low-income housing project formerly operated by rio housing company. The project consists of an 82 unit apartment complex located in new york, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,256,487$2,129,575▼ $126,912
Cash and Non-Interest-Bearing Accounts$637,617$723,397▲ $85,780
Accounts Receivable$71,083$26,869▼ $44,214
Total Assets$4,699,816$4,738,459▲ $38,643
Other Assets Total$1,734,629$1,858,618▲ $123,989
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,916,966$3,916,966→ $0
Other Liabilities$291,220$237,310▼ $53,910
Accounts Payable and Accrued Expenses$64,692$68,033▲ $3,341
Total Liabilities$4,272,878$4,222,309▼ $50,569
Net Assets / Fund Balance
Unrestricted Net Assets$426,938$516,150▲ $89,212
Total Net Assets Fund Balance$426,938$516,150▲ $89,212
Total Liabilities and Net Assets / Fund Balance$4,699,816$4,738,459▲ $38,643

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,839,633$2,867,272$4,706,905
Other Land Buildings-$350,284$350,284
Land$289,942-$289,942
Other Assets Org$5,015--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleOtherTotal
Mary Ann VillariVice Preside$184,614$184,614

Board Members and Trustees

NameTitle
Ellen BaxterPresident
Mary Ann VillariVice President
Alan WeilTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Broadway Housing Communities INCMgmt & Admin583 RIVERSIDE DRIVE, New York, NY 10031$238,652
Revenue and Support

Revenue Composition

Contributions and Grants
$453,235
Program Service Revenue
$347,019
Investment Income
$27,552
Other Revenue
$0
Change in Net Assets
$89,212

Audited Revenue Reconciliation

Revenue per Audited Statements
$827,806
Total Revenue per Audited Statements
$827,806
Total Revenue per Form 990
$827,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$738,594
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$238,652--$238,652
Depreciation Depletion$126,912--$126,912
Fees for Services Other-$41,087-$41,087
Insurance$24,000--$24,000
Office Expenses-$16,470-$16,470
Other Expenses$13,818--$13,818
All Other Expenses$-18,505--$-18,505
Total Functional Expenses$681,037$57,557$0$738,594

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$738,594
Total Expenses per Audited Statements$738,594
Total Expenses per Form 990$738,594
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affilliate$187,091
Tenants Security Payable$36,330
Deferred Rental Income$13,889
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Property management is outsourced to broadway housing communities, inc., the sole owner of the organization.”

Form 990, Page 6, Part VI, Line 11B

“Officers review 990 and approve either verbally or via email.”

Form 990, Page 6, Part VI, Line 19

“Information regarding governing documents and financial statements is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Broadway Rio Housing Develop Fund
EIN
45-2155957
Phone
2125682030
Address
583 RIVERSIDE DRIVE 7TH FLOOR, NEW YORK, NY 10031

Signing Officer

Name
Ellen Baxter
Title
President
Phone
9736679100
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellen Baxter
Formed
2011
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Geltrude & Company LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110-1746
Preparer
Michael W Carlon
Phone
9736679100
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has obtained a determination of tax-exempt status from the internal revenue service under section 501(c)(4) of the internal revenue code. Accordingly, no provisions for federal or state income taxes has been reflected in the accompanying financial statements. Accounting principles generally accepted in the united states of america require the management of the organization to evaluate tax positions taken by the organization and recognize a tax liability or asset if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the organization, and has concluded that as of december 31, 2018 and 2017, there are no uncertain positions taken or expected to be taken. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in process. Management believes the organization is no longer subject to income tax examinations for years prior to 2015.”

Raw XML AppendixShowing 400 of 402 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt064692
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt068033
IRS990/AccountsReceivableGrp/BOYAmt071083
IRS990/AccountsReceivableGrp/EOYAmt026869
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATING A LOW-INCOME HOUSING PROJECT FORMERLY OPERATED BY RIO HOUSING COMPANY. THE PROJECT CONSISTS OF AN 82 UNIT APARTMENT COMPLEX LOCATED IN NEW YORK, NY.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-18505
IRS990/AllOtherExpensesGrp/TotalAmt0-18505
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0ELLEN BAXTER
IRS990/BooksInCareOfDetail/PhoneNum02125682030
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0583 RIVERSIDE DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010031
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0637617
IRS990/CashNonInterestBearingGrp/EOYAmt0723397
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0238652
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0583 RIVERSIDE DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010031
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0BROADWAY HOUSING COMMUNITIES INC
IRS990/ContractorCompensationGrp/ServicesDesc0MGMT & ADMIN
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0453235
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027552
IRS990/CYOtherExpensesAmt0738594
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0347019
IRS990/CYRevenuesLessExpensesAmt089212
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0738594
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0827806
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0126912
IRS990/DepreciationDepletionGrp/TotalAmt0126912
IRS990/Desc0TO DEVELOP AND PROVIDE HOUSING FOR LOW-INCOME INDIVIDUALS PURSUANT TO SECTION 573 OF ARTICLE XI OF THE PHFL.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0681037
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0238652
IRS990/FeesForServicesManagementGrp/TotalAmt0238652
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041087
IRS990/FeesForServicesOtherGrp/TotalAmt041087
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt025594
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt117334
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0ELLEN BAXTER
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY ANN VILLARI
IRS990/Form990PartVIISectionAGrp/PersonNm2ALAN WEIL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0177735
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1167280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0453235
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0827806
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt024000
IRS990/InsuranceGrp/TotalAmt024000
IRS990/InvestmentIncomeGrp/ExclusionAmt027552
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027552
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03217556
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02256487
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02129575
IRS990/LandBldgEquipCostOrOtherBssAmt05347131
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATING A LOW-INCOME HOUSING PROJECT FORMERLY OPERATED BY RIO HOUSING COMPANY. THE PROJECT CONSIST OF AN 82 UNIT APARTMENT COMPLEX LOCATED IN NEW YORK, NY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03916966
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03916966
IRS990/NetAssetsOrFundBalancesBOYAmt0426938
IRS990/NetAssetsOrFundBalancesEOYAmt0516150
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016470
IRS990/OfficeExpensesGrp/TotalAmt016470
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01734629
IRS990/OtherAssetsTotalGrp/EOYAmt01858618
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2LICENSES AND PERMITS
IRS990/OtherExpensesGrp/Desc3JANITORIAL AND CLEANING
IRS990/OtherExpensesGrp/ProgramServicesAmt0156546
IRS990/OtherExpensesGrp/ProgramServicesAmt1112069
IRS990/OtherExpensesGrp/ProgramServicesAmt227545
IRS990/OtherExpensesGrp/ProgramServicesAmt313818
IRS990/OtherExpensesGrp/TotalAmt0156546
IRS990/OtherExpensesGrp/TotalAmt1112069
IRS990/OtherExpensesGrp/TotalAmt227545
IRS990/OtherExpensesGrp/TotalAmt313818
IRS990/OtherLiabilitiesGrp/BOYAmt0291220
IRS990/OtherLiabilitiesGrp/EOYAmt0237310
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ELLEN BAXTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME NET OF VACANCY
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0346986
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0346986
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0526021
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021670
IRS990/PYOtherExpensesAmt0679090
IRS990/PYProgramServiceRevenueAmt0333128
IRS990/PYRevenuesLessExpensesAmt0201729
IRS990/PYTotalExpensesAmt0679090
IRS990/PYTotalRevenueAmt0880819
IRS990/ReconcilationRevenueExpnssAmt089212
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0347019
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01839633
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02867272
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04706905
IRS990ScheduleD/ExpensesSubtotalAmt0738594
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0289942
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0289942
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01479287
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1342795
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt231521
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35015
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CAPITAL RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RECEIVABLES
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0350284
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0350284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0187091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt136330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt213889
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILLIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS SECURITY PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED RENTAL INCOME
IRS990ScheduleD/RevenueSubtotalAmt0827806
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS OBTAINED A DETERMINATION OF TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISIONS FOR FEDERAL OR STATE INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE MANAGEMENT OF THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2018 AND 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROCESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02129575
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01858618
IRS990ScheduleD/TotalExpensesPerForm990Amt0738594
IRS990ScheduleD/TotalLiabilityAmt0237310
IRS990ScheduleD/TotalRevenuePerForm990Amt0827806
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0827806
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738594
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0177735
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1167280
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt025594
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt117334
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELLEN BAXTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARY ANN VILLARI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0203329
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1184614
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROPERTY MANAGEMENT IS OUTSOURCED TO BROADWAY HOUSING COMMUNITIES, INC., THE SOLE OWNER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS REVIEW 990 AND APPROVE EITHER VERBALLY OR VIA EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INFORMATION REGARDING GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133212867
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INC HO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0583 RIVERSIDE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010031
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt063525
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt162779
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt25015
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3175873
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt4175873
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt54621
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt66597
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt5FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt6FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt5BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt6BROADWAY HDFC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt4M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt5D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt6E
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04699816
IRS990/TotalAssetsEOYAmt04738459
IRS990/TotalAssetsGrp/BOYAmt04699816
IRS990/TotalAssetsGrp/EOYAmt04738459
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0453235
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0681037
IRS990/TotalFunctionalExpensesGrp/TotalAmt0738594
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04272878
IRS990/TotalLiabilitiesEOYAmt04222309
IRS990/TotalLiabilitiesGrp/BOYAmt04272878
IRS990/TotalLiabilitiesGrp/EOYAmt04222309
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0426938
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0516150
IRS990/TotalOtherCompensationAmt042928
IRS990/TotalProgramServiceExpensesAmt0681037
IRS990/TotalProgramServiceRevenueAmt0347019
IRS990/TotalRevenueGrp/ExclusionAmt027552
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0347019
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0827806
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04699816
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04738459
IRS990/TotReportableCompRltdOrgAmt0345015
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0426938
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0516150
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0583 RIVERSIDE DR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010031
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BROADWAYHOUSING.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELLEN BAXTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09736679100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BROADWAY RIO HOUSING DEVELOP FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0BROA
ReturnHeader/Filer/EIN0452155957
ReturnHeader/Filer/PhoneNum02125682030
ReturnHeader/Filer/USAddress/AddressLine1Txt0583 RIVERSIDE DRIVE 7TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010031
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId029A2614F4D71181BB3FE0C1D9D8AECBEED9F5A7E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C15490556BD5960531ADAB0E2523E51731CB8FDE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.99.32.5
ReturnHeader/FilingSecurityInformation/IPDt02019-11-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:18:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223363665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELTRUDE & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0513 FRANKLIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NUTLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0071101746
ReturnHeader/PreparerPersonGrp/PhoneNum09736679100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W CARLON
ReturnHeader/ReturnTs02019-11-11T11:18:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,738,459
Liabilities
$4,222,309
Net assets
$516,150
Revenue
$827,806
Expenses
$738,594
Net income
$89,212
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$4.21$1.01$0.81$1.19$0.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$4.13$0.26$0.80$1.14$0.35
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$4.12$0.08$0.84$1.37$0.53
2020Summary only. Only limited summary data is available for this year.$4.73$4.12$0.61$0.80$0.91$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$4.08$0.72$0.91$0.70$0.22
2018Detailed filing. Detailed filing data is available for this year.$4.74$4.22$0.52$0.83$0.74$0.09
2018Summary only. Only limited summary data is available for this year.$4.74$4.22$0.52$0.83$0.74$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$4.27$0.43$0.88$0.68$0.20
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$4.14$0.23$0.76$0.67$0.08
2015Detailed filing. Detailed filing data is available for this year.$4.23$4.09$0.14$0.76$0.59$0.17
2014Detailed filing. Detailed filing data is available for this year.$4.22$4.25$0.03$0.74$0.81$0.07
2013Summary only. Only limited summary data is available for this year.$4.35$4.31$0.04$0.72$0.76$0.05
2012Summary only. Only limited summary data is available for this year.$4.25$4.16$0.09$1.43$0.74$0.70