Civic Intelligence

Yonkers Community Housing Development Organization Inc.

990 • Fiscal year 2021 • EIN 46-0613568

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

30 South BroadwayYonkers, NY 10701

(914) 963-5118

Siviq Scores

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

Liabilities / Assets

82nd percentile

1.07x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

2.26x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Net Margin

32nd percentile

-8.5%

Higher net margin than 32% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Top Officer Pay

94th percentile

$208,451

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 346.6% of source-year revenue.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Asset Growth

81st percentile

28%

Faster asset growth than 81% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-79%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$127,325

Up $27,743 (+28%) from 2020

Net Assets

Down

-$8,848

Down $5,123 (-138%) from 2020

Liabilities

Up

$136,173

Up $32,866 (+32%) from 2020

Revenue

Down

$60,143

Down $220,308 (-79%) from 2020

Expenses

Down

$65,266

Down $219,003 (-77%) from 2020

Net Income

Down

-$5,123

Down $1,305 (-34%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2013: $122,529Liabilities 2013: $122,294Net Assets 2013: $2352013Assets 2014: $140,184Liabilities 2014: $150,974Net Assets 2014: -$10,7902014Assets 2015: $224,005Liabilities 2015: $241,095Net Assets 2015: -$17,0902015Assets 2016: $67,876Liabilities 2016: $86,699Net Assets 2016: -$18,8232016Assets 2017: $206,220Liabilities 2017: $206,220Net Assets 2017: $02017Assets 2018: $71,859Liabilities 2018: $73,560Net Assets 2018: -$1,7012018Assets 2019: $157,564Liabilities 2019: $157,471Net Assets 2019: $932019Assets 2020: $99,582Liabilities 2020: $103,307Net Assets 2020: -$3,7252020Assets 2021: $127,325Liabilities 2021: $136,173Net Assets 2021: -$8,8482021Assets 2022: $93,622Liabilities 2022: $103,737Net Assets 2022: -$10,1152022Assets 2023: $7,361Liabilities 2023: $17,476Net Assets 2023: -$10,1152023

Highlighted filing

2021

Assets$127,325
Liabilities$136,173
Net Assets-$8,848

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $231,128Expenses 2013: $230,893Net Income 2013: $2352013Revenue 2014: $364,415Expenses 2014: $375,440Net Income 2014: -$11,0252014Revenue 2015: $371,258Expenses 2015: $377,558Net Income 2015: -$6,3002015Revenue 2016: $224,472Expenses 2016: $226,205Net Income 2016: -$1,7332016Revenue 2017: $543,836Expenses 2017: $525,013Net Income 2017: $18,8232017Revenue 2018: $78,730Expenses 2018: $80,431Net Income 2018: -$1,7012018Revenue 2019: $166,125Expenses 2019: $164,280Net Income 2019: $1,8452019Revenue 2020: $280,451Expenses 2020: $284,269Net Income 2020: -$3,8182020Revenue 2021: $60,143Expenses 2021: $65,266Net Income 2021: -$5,1232021Revenue 2022: $72,630Expenses 2022: $73,897Net Income 2022: -$1,2672022Revenue 2023: $82,000Expenses 2023: $82,000Net Income 2023: $02023

Highlighted filing

2021

Revenue$60,143
Expenses$65,266
Net Income-$5,123
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$60,143
Mission and Program Overview

Mission

To enable low-income yonkers ny residents with disabilities to age in place by making their homes safe and accessible.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$72,688$119,620▲ $46,932
Cash and Non-Interest-Bearing Accounts$26,670$7,629▼ $19,041
Prepaid Expenses and Deferred Charges$224$76▼ $148
Total Assets$99,582$127,325▲ $27,743
Liabilities
Other Liabilities$94,911$103,737▲ $8,826
Accounts Payable and Accrued Expenses$8,396$32,436▲ $24,040
Total Liabilities$103,307$136,173▲ $32,866
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,725$-8,848▼ $5,123
Total Net Assets Fund Balance$-3,725$-8,848▼ $5,123
Total Liabilities and Net Assets / Fund Balance$99,582$127,325▲ $27,743
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas McspedonPresident
John HeckVice President
Rose Nelson-fyleDirector
Sharon JohnsonDirector
Helen FrankelExecutive Director
Mary HoarSecretary
Frank Sinatra JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,143
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$60,143
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$60,143
Total Revenue per Form 990
$60,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,181
Salaries, Compensation, and Employee Benefits$15,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,913--$11,913
Fees for Services Other$7,429--$7,429
Payroll Taxes$1,775--$1,775
Other Employee Benefits$1,397--$1,397
Other Expenses$92--$92
Total Functional Expenses$65,266$0$0$65,266

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$65,266
Total Expenses per Audited Statements$65,266
Total Expenses per Form 990$65,266
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 Parties$103,737
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Each board member will review 990 prior to filing and advise with comments and proposed changes.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Yonkers Community Housing Development
EIN
46-0613568
Phone
9149635118
Address
30 SOUTH BROADWAY, YONKERS, NY 10701

Signing Officer

Name
Helen Frankel
Title
Executive Director
Phone
9149635118
Signed
2022-11-14

Organization Details

Principal Officer
Helen Frankel
Formed
2012
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
6

Preparer

Firm
Galleros Robinson Cpas Llp
Address
485 MADISON AVENUE 7TH FL, NEW YORK, NY 10022
Preparer
Derek Flanagan
Phone
6469210400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 50. Management and general expenses 0. Fundraising expenses 0. Total expenses 50. Management fees: program service expenses 7,379. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,379.

FORM 990, PART XII, LINE 2C:

This process did not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization applies the provisions pertaining to uncertain tax provisions (fasb asc topic 740) and has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations for years prior to 2018.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0184321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HELEN FRANKEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0184321
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER WILL REVIEW 990 PRIOR TO FILING AND ADVISE WITH COMMENTS AND PROPOSED CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 50. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50. MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 7,379. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,379.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS PROCESS DID NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FAMILY SERVICE SOCIETY OF YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0131739956
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL SERVICE TO THE ELDERLY.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt030 SOUTH BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0YONKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0FAMILY SERVICE SOCIETY OF YONKERS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1FAMILY SERVICE SOCIETY OF YONKERS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0L
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt099582
IRS990/TotalAssetsEOYAmt0127325
IRS990/TotalAssetsGrp/BOYAmt099582
IRS990/TotalAssetsGrp/EOYAmt0127325
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt060143
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065266
IRS990/TotalFunctionalExpensesGrp/TotalAmt065266
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0103307
IRS990/TotalLiabilitiesEOYAmt0136173
IRS990/TotalLiabilitiesGrp/BOYAmt0103307
IRS990/TotalLiabilitiesGrp/EOYAmt0136173
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3725
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-8848
IRS990/TotalOtherCompensationAmt024130
IRS990/TotalProgramServiceExpensesAmt065266
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt060143
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt099582
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0127325
IRS990/TotReportableCompRltdOrgAmt0184321
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt030 SOUTH BROADWAY
IRS990/USAddress/CityNm0YONKERS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010701
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HELEN FRANKEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09149635118
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YONKERS COMMUNITY HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0YONK

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.17$0.10$0.82$0.82$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$1.04$0.10$0.73$0.74$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.27$1.36$0.09$0.60$0.65$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$1.03$0.04$2.80$2.84$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$1.57$0.00$1.66$1.64$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.74$0.02$0.79$0.80$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$2.06$0.00$5.44$5.25$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.87$0.19$2.24$2.26$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$2.41$0.17$3.71$3.78$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.40$1.51$0.11$3.64$3.75$0.11
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$1.22$0.00$2.31$2.31$0.00