Civic Intelligence

Broadway Rio Housing Development Fund Company Inc

990 • Fiscal year 2022 • EIN 45-2155957

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

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

69th percentile

1.07x

Higher debt load relative to assets than 69% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

5.18x

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

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Net Margin

26th percentile

-43%

Higher net margin than 26% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

73rd percentile

$237,500

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 29.8% of source-year revenue.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Source year 2022

Asset Growth

13th percentile

-8.1%

Faster asset growth than 13% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

26th percentile

-4.8%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • NTEE L20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,861,415

Down $342,504 (-8.1%) from 2021

Net Assets

Down

-$263,796

Down $346,152 (-420%) from 2021

Liabilities

Up

$4,125,211

Up $3,648 (+0.1%) from 2021

Revenue

Down

$796,246

Down $40,100 (-4.8%) from 2021

Expenses

Down

$1,142,398

Down $226,158 (-17%) from 2021

Net Income

Up

-$346,152

Up $186,058 (+35%) from 2021

Historical Trend

Balance Sheet Trend

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 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

2022

Assets$3,861,415
Liabilities$4,125,211
Net Assets-$263,796

Operations Trend

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 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

2022

Revenue$796,246
Expenses$1,142,398
Net Income-$346,152
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$796,246
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.

Operation of the 82 apartment low-income rio housing project located at 10 fort washington ave.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,028,785$2,043,332▲ $14,547
Cash and Non-Interest-Bearing Accounts$2,125,331$1,423,359▼ $701,972
Accounts Receivable$18,270$363,190▲ $344,920
Prepaid Expenses and Deferred Charges$31,533$31,534▲ $1
Total Assets$4,203,919$3,861,415▼ $342,504
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,916,966$3,916,966→ $0
Accounts Payable and Accrued Expenses$130,533$146,302▲ $15,769
Other Liabilities$74,064$61,943▼ $12,121
Total Liabilities$4,121,563$4,125,211▲ $3,648
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$82,356$-263,796▼ $346,152
Total Net Assets Fund Balance$82,356$-263,796▼ $346,152
Total Liabilities and Net Assets / Fund Balance$4,203,919$3,861,415▼ $342,504

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,753,390$3,391,280$5,144,670
Land$289,942-$289,942
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ellen BaxterPresident
David Nathanson - Secretary(thru 01/2022)/vice President
Taylor Morley - Chief OperatingOff. & Secretary (as of 01/2022)
Alan WeilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$784,821
Investment Income
$11,425
Other Revenue
$0
Change in Net Assets
$-346,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$862,398
Grants and Similar Amounts Paid$280,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$280,000--$280,000
Occupancy$141,150--$141,150
Depreciation Depletion$139,558--$139,558
Insurance$84,090--$84,090
Fees for Services Management-$70,811-$70,811
Fees for Services Other-$43,695-$43,695
All Other Expenses$35,765--$35,765
Other Expenses$26,221--$26,221
Total Functional Expenses$1,027,892$114,506$0$1,142,398
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Broadway Housing Communities IncNew York, NY501(c)(3)General Support$280,000
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
Security Deposits Payable$39,942
Due to Affiliates$22,001
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 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
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

Governing body and management pursuant to the organization's bylaws, its sole corporate member is its parent, broadway housing communities, inc.

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

The organization's bylaws reserve the power of appointing (and/or removing) the organization's board members to the sole corporate member, broadway housing communities, inc.

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

The organization's bylaws reserve certain powers to the member, such as the exclusive power to amend and repeal the bylaws and the certificate of incorporation as well as to establish the size of the board and the composition of its officer class.

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

The form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was circulated to the full board of trustees in either paper or electronic form for discussion and comment. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.

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

The organization operates under the conflict of interest policy of its parent organization, broadway housing communities, inc. Each officer, director, trustee and key employee of the organization is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the organization. The organization monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately. Form 990, part vi, section b, policies, lines 13 and 14: broadway rio housing development fund company inc operates under the whistleblower and document retention policy of its parent organization, broadway housing communities inc.

Form 990, Part VI, Section B, Line 15

The organization does not compensate any of the individuals reported on the form 990, part vii; all compensation is paid by a related organization, broadway housing communities, inc. The procedures employed to determine the compensation of these individuals are disclosed on that organization's form 990.

Form 990, Part VI, Section C, Line 19

Broadway rio housing development fund company inc makes its form 990 available to the public by retaining a copy at its place of business; it is, likewise, published on the internet at www.guidestar.org. The financial statements, governing documents and conflict of interest policy are available to the public at management's discretion.

Filing and Contact Details

Filer

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

Signing Officer

Name
David Nathanson
Title
Chief Financial Officer
Phone
2125682030
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlene Melville
Formed
2011
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Grant Thornton Llp
Address
757 THIRD AVE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Asc 740 footnote broadway rio housing development fund company inc does not receive its own standalone audited financial statements; its operations are included within the financial statements of its parent organization: broadway housing communities inc. The fin-48 footnote reproduced below is from the consolidated audited financial statements. Bhc (and its consolidated subsidiaries) follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the consolidated financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. Bhc (and each of its subsidiaries) have been granted exemption from federal income tax pursuant to section 501 (c)(3) and 501 (c)(4) of the internal revenue code. Bhc has processes presently in place to ensure the maintenance of each entity's tax-exempt status; to identify and report unrelated business income; to determine filing and tax obligations in jurisdictions for which they have nexus; and to identify and evaluate other matters that may be considered tax positions. Bhc has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. In addition, bhc has not recorded a provision for income taxes as it has no material tax liability from unrelated business income activities.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740 FOOTNOTE BROADWAY RIO HOUSING DEVELOPMENT FUND COMPANY INC DOES NOT RECEIVE ITS OWN STANDALONE AUDITED FINANCIAL STATEMENTS; ITS OPERATIONS ARE INCLUDED WITHIN THE FINANCIAL STATEMENTS OF ITS PARENT ORGANIZATION: BROADWAY HOUSING COMMUNITIES INC. THE FIN-48 FOOTNOTE REPRODUCED BELOW IS FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. BHC (AND ITS CONSOLIDATED SUBSIDIARIES) FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. BHC (AND EACH OF ITS SUBSIDIARIES) HAVE BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501 (C)(3) AND 501 (C)(4) OF THE INTERNAL REVENUE CODE. BHC HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF EACH ENTITY'S TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH THEY HAVE NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. BHC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IN ADDITION, BHC HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02043332
IRS990ScheduleD/TotalLiabilityAmt061943
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0280000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0133212867
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0583 RIVERSIDE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010031
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT THE OPERATIONS OF BROADWAY HOUSING COMMUNITIES AND ITS TAX-EXEMPT RELATED AFFILIATED ENTITIES. PERIODICALLY, THE ORGANIZATION MAKES GRANTS BACK TO AFFILIATED ORGANIZATIONS TO SUPPORT THE CHARITABLE INITIATIVES OF THE ENTIRE NETWORK OF HOUSING ENTITIES. NO FURTHER MONITORING OF THE GRANTS IS REQUIRED AS THE SAME INDIVIDUALS AUTHORIZING THE GRANTS OVERSEE THE DISBURSEMENT OF THOSE FUNDS BY THE GRANTEE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
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/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0201616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1189697
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2150577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010081
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt15025
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt27056
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt025803
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt131588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt218151
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELLEN BAXTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DAVID NATHANSON - SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2TAYLOR MORLEY - CHIEF OPERATING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1(THRU 01/2022)/VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2OFF. & SECRETARY (AS OF 01/2022)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0237500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1226310
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2175784
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY AND MANAGEMENT PURSUANT TO THE ORGANIZATION'S BYLAWS, ITS SOLE CORPORATE MEMBER IS ITS PARENT, BROADWAY HOUSING COMMUNITIES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BYLAWS RESERVE THE POWER OF APPOINTING (AND/OR REMOVING) THE ORGANIZATION'S BOARD MEMBERS TO THE SOLE CORPORATE MEMBER, BROADWAY HOUSING COMMUNITIES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BYLAWS RESERVE CERTAIN POWERS TO THE MEMBER, SUCH AS THE EXCLUSIVE POWER TO AMEND AND REPEAL THE BYLAWS AND THE CERTIFICATE OF INCORPORATION AS WELL AS TO ESTABLISH THE SIZE OF THE BOARD AND THE COMPOSITION OF ITS OFFICER CLASS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE FULL BOARD OF TRUSTEES IN EITHER PAPER OR ELECTRONIC FORM FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION OPERATES UNDER THE CONFLICT OF INTEREST POLICY OF ITS PARENT ORGANIZATION, BROADWAY HOUSING COMMUNITIES, INC. EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF THE ORGANIZATION IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, POLICIES, LINES 13 AND 14: BROADWAY RIO HOUSING DEVELOPMENT FUND COMPANY INC OPERATES UNDER THE WHISTLEBLOWER AND DOCUMENT RETENTION POLICY OF ITS PARENT ORGANIZATION, BROADWAY HOUSING COMMUNITIES INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT COMPENSATE ANY OF THE INDIVIDUALS REPORTED ON THE FORM 990, PART VII; ALL COMPENSATION IS PAID BY A RELATED ORGANIZATION, BROADWAY HOUSING COMMUNITIES, INC. THE PROCEDURES EMPLOYED TO DETERMINE THE COMPENSATION OF THESE INDIVIDUALS ARE DISCLOSED ON THAT ORGANIZATION'S FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BROADWAY RIO HOUSING DEVELOPMENT FUND COMPANY INC MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS; IT IS, LIKEWISE, PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC AT MANAGEMENT'S DISCRETION.
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0BHDFC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0522325076
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1275111474
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2134186692
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0RENTAL HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0583 RIVERSIDE DEVELOPMENT INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1SUGAR HILL HOUSING INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2WEST 77TH STREET INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt010 FT WASHINGTON AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1583 RIVERSIDE DRIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt2129 FULTON STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010032
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd110031
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd210038
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0275111590
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1522325077
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0LOW INC HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1LOW INC HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0BROADWAY SUGAR HILL HOUSING LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1583 RIVERSIDE DRIVE LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0583 RIVERSIDE DRIVE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt1583 RIVERSIDE DRIVE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd010031
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd110031
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6BHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BROADWAY HOUSING COMMUNITIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BROADWAY HOUSING DEVELOPMENT FUND CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2BROADWAY SUGAR HILL HOUSING DEV FUND CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3SUGAR HILL NEW MARKET TAX CREDIT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4BROADWAY HOUSING COMMUNITIES FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5SUGAR HILL CHILDREN'S MUSEUM OF ART & ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6BROADWAY HOUSING SUGAR HILL LESSEE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7DOROTHY DAY HOUSING DEVELOPMENT FUND COMPANY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0133212867
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222917994
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2451336601

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2022Detailed filing. Detailed filing data is available for this year.$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
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