Skip to content
Nonprofiteer
← RIORDAN SCHOOL ADDITION HOUSING DEVELOPMENT FUND COMPANY INC

Form 990 for tax year 2024

Filed by RIORDAN SCHOOL ADDITION HOUSING DEVELOPMENT FUND COMPANY INC.

Totals

Total revenue
$107,380
Total expenses
$139,558
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$103,671
Investment income
$3,448
Other revenue
$261
Total assets, end of year
$885,105
Total liabilities, end of year
$18,433
Net assets or fund balances, end of year
$866,672
Program services expenses (Part IX)
$112,137
Management and general expenses
$27,421
Fundraising expenses
$0
Program service expenses (Part III)
$112,137

Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $103,671 · related or exempt $103,671

  • 3 · Investment income

    total $3,448 · excluded $3,448

  • 11a · Other revenue: LAUNDRY AND VENDING RE

    total $202 · excluded $202

  • 11b · Other revenue: MISCELLANEOUS

    total $59 · excluded $59

  • 11e · Other revenue, total

    $261

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $32,464 · program services $32,464

  • 9 · Other employee benefits

    total $4,835 · program services $4,835

  • 10 · Payroll taxes

    total $2,943 · program services $2,943

  • 11a · Fees: management

    total $9,301 · management and general $9,301

  • 11c · Fees: accounting

    total $9,562 · management and general $9,562

  • 12 · Advertising and promotion

    total $54 · management and general $54

  • 13 · Office expenses

    total $13,712 · program services $5,208 · management and general $8,504

  • 16 · Occupancy

    total $12,259 · program services $12,259

  • 22 · Depreciation, depletion and amortization

    total $35,387 · program services $35,387

  • 23 · Insurance

    total $11,477 · program services $11,477

  • 24a · Other expenses: EQUIPMENT RENTAL & MAIN

    total $4,100 · program services $4,100

  • 24b · Other expenses: TRASH REMOVAL

    total $1,808 · program services $1,808

  • 24c · Other expenses: SNOW REMOVAL

    total $1,656 · program services $1,656

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,004 · end of year $2,845

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,454 · end of year $1,223

  • 10a · Land, buildings and equipment: cost or other basis

    $1,357,636

  • 10b · Land, buildings and equipment: accumulated depreciation

    $688,868

  • 10c · Land, buildings and equipment, net

    beginning of year $704,155 · end of year $668,768

  • 15 · Other assets

    beginning of year $196,562 · end of year $212,269

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,465 · end of year $14,280

  • 25 · Other liabilities

    beginning of year $3,860 · end of year $4,153

  • 27 · Net assets without donor restrictions

    beginning of year -$304,427 · end of year -$336,605

  • 28 · Net assets with donor restrictions

    beginning of year $1,203,277 · end of year $1,203,277

Mission and programs · 2024

Mission

THE ORGANIZATION WAS ORGANIZED SOLEY AND SPECIFICALLY TO DEVELOP, OWN AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NON-PROFIT BASIS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK.

Activities or mission (Part I)

LOW-INCOME HOUSING PROJECT

  • RIORDAN SCHOOL ADDITION HOUSING DEVELOPMENT FUND COMPANY, INC. OPERATES A FEDERALLY SUBSIDIZED, 10-UNIT LOW-INCOME HOUSING PROJECT FOR THE ELDERLY, ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.

    Expenses $112,137 · Revenue $103,671

As filed on the 2024 return.

Listed in Part VII

  • Ron Cole

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Scott A Lacik

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Emily Lacik

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Chuck Gladziszewski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joe Rizzo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
24 September 2026
IRS schema version
2024v5.5
Source object
202642679349301024

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.