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Nonprofiteer
← ALLOWAY HOUSING DEVELOPMENT FUND CORPORATION

Form 990 for tax year 2023

Filed by ALLOWAY HOUSING DEVELOPMENT FUND CORPORATION.

Totals

Total revenue
$168,794
Total expenses
$274,380
Contributions and grants received
$0
Grants paid
$0
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$244,060
Management and general expenses
$30,320
Fundraising expenses
$0
Program service expenses (Part III)
$244,060

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Alexander Castro

    Director and Vice President

    Total calculated
    $272,876
    From this org
    $0
    From related orgs
    $256,751
    Other
    $16,125
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $256,751 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,703 related
    Nontaxable benefits
    $0 + $8,422 related
    Filer's total
    $0 + $272,876 related

  • Kathleen Greeley

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Michael Laughlin

    Director

    Total calculated
    $63,440
    From this org
    $0
    From related orgs
    $61,592
    Other
    $1,848
    Hours/week
    0.1 + 40 related

  • Susan Boss

    Director

    Total calculated
    $191,936
    From this org
    $0
    From related orgs
    $180,574
    Other
    $11,362
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,574 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,417 related
    Nontaxable benefits
    $0 + $5,945 related
    Filer's total
    $0 + $191,936 related

  • Kathryn Bryan

    Director and Vice President

    Total calculated
    $194,753
    From this org
    $0
    From related orgs
    $182,307
    Other
    $12,446
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $182,307 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,469 related
    Nontaxable benefits
    $0 + $6,977 related
    Filer's total
    $0 + $194,753 related

  • Jean Lowe

    Director

    Total calculated
    $0
    Hours/week
    0.1

  • Jason Sackett

    Director and President

    Total calculated
    $89,738
    From this org
    $0
    From related orgs
    $87,124
    Other
    $2,614
    Hours/week
    0.1 + 40 related

  • Leslie W Kernan Jr

    Secretary

    Total calculated
    $210,654
    From this org
    $0
    From related orgs
    $204,518
    Other
    $6,136
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $204,518 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $6,136 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $210,654 related

  • Ruperto Montero

    Treasurer & Vice President

    Total calculated
    $266,113
    From this org
    $0
    From related orgs
    $251,816
    Other
    $14,297
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,816 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,554 related
    Nontaxable benefits
    $0 + $6,743 related
    Filer's total
    $0 + $266,113 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
Alloway HDFC does not have an Executive Director, however, the wages and benefits of all top management employees of the parent corporation are determined by the personnel committee of the parent company, PathStone Corporation, as part of its ongoing wage comparative studies and benefit budgeting process. The process includes independent review, comparability data, and deliberation by a compensation committee.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
20 March 2024
IRS schema version
2023v5.0
Source object
202410809349300621

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

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