Ryer Avenue Housing Development Fund Corp in Bronx, New York (NY)

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Ryer Avenue Housing Development Fund Corp
Employer Identification Number (EIN)133604402
Name of OrganizationRyer Avenue Housing Development Fund Corp
Address2386 Ryer Ave, Bronx, NY 10458-7004
ActivitiesLow income housing
SubsectionCharitable Organization
Ruling Date09/1991
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$100,000 to $499,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$241,487
Amount of Income$742,639
Form 990 Revenue Amount$742,639
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2012: $742,639 (it was $684,134 in 2011)
This organization: 

 $742,639
Other organizations performing similar types of work: 

 $335,144

Assets in 2012: $241,487 (it was $232,132 in 2011)
This organization: 

 $241,487
Other organizations performing similar types of work: 

 $1,134,092

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$684,134
Contributions, Gifts, Grants and Other Similar Amounts$684,124
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$10
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$843,110
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$396,964
Payroll taxes$30,508
Professional fundraising services$0
Other$415,638
Balance Sheet (for 2011)
Total assets$232,132
Total liabilities$535,778
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$61,146
Unsecured notes and loans payable to unrelated third parties$0
Other$474,632
Total net assets or fund balances$-303,646
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$4,391,574
Gifts, grants, contributions, and membership fees received$4,390,672
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$902
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Westbeth Corp Housing Development Fund Company Inc463 West Street, Bronx, NY 10451NY1968-06$6,304,574
2Sunset Park Redevelopment Committee Inc5101 4th Ave, Brooklyn, NY 11220-1815NY1975-06$5,100,533
3Settlement Housing Fund Inc247 W 37th St Fl 4, New York, NY 10018-5709NY1971-03$4,601,798
4West End Residences Hdfc Inc483 W End Ave, New York, NY 10024-4340NY1997-08$4,501,942
5Virginia-Michigan Housing Develop Ment Fund Company Inc865 Michigan Ave, Buffalo, NY 14203-1236NY1981-04$1,710,601
6Walton Avenue Senior Housing Development Fund Company Inc900 Grand Concourse, Bronx, NY 10451-2746NY1994-08$1,404,317
7Westbourne Housing Development Fund Company Inc2345 Broadway, New York, NY 10024NY1994-08$1,162,434
8Somaltow Housing Company Inc101 S Pearl St, Albany, NY 12207-1439NY1971-07$1,118,266
9Support Ministries For Persons With Aids Inc31 6th St, Waterford, NY 12188-2018NY1989-03$858,686
10Wallkill Housing Development Co Of Carpenters & Joiners Local 964 Inc4 Executive Blvd, Suffern, NY 10901-4173NY1986-01$793,152
11Ryer Avenue Housing Development Fund Corp2386 Ryer Ave, Bronx, NY 10458-7004NY1991-09$742,639
12Southern Hills Preservation Corporation Inc2383 Us Route 11 Stop 1, La Fayette, NY 13084-9300NY1987-03$738,598
13Royal Gardens Housing Development Fund Corporation1654 W Onondaga St, Syracuse, NY 13204-3310NY1991-07$713,447
14South Bronx Access Housing Development Fund Corporation2415 Westchester Ave, Bronx, NY 10461-3538NY1992-08$623,986
15Yw-Wny Housing Development Fund Company Inc1005 Grant Street, Buffalo, NY 14207-2877NY1996-05$500,383
16South Jefferson Housing Development Fund Co Inc, Country View Apts990 James Street, Syracuse, NY 13203-2879NY1981-09$495,063
17Western New York Veterans Housing Coalition Inc, W Ny Veterans Housing1416 Main Street, Buffalo, NY 14209-1740NY1988-06$492,154
18Taylor Brown Housing Development Fund Company Inc990 James Street, Syracuse, NY 13203-2879NY1987-08$464,281
19United Odd Fellows Housing Development Fund Company1070 Havemeyer Ave, Bronx, NY 10462-5310NY1994-01$455,136
20Washington Heights Development Fund Corporation503 S Broadway, Yonkers, NY 10705-6201NY1993-06$402,621
21Tremont Apartments Housing Development Fund Corporation1945 Vyse Avenue, Bronx, NY 10460-4351NY1997-06$395,551
22Upaca 101-109 East 119 Street Non-Profit Housing Devel Fund Co I1697 Park Ave, New York, NY 10035-3513NY1972-12$391,629
23St Marks Terrace Dundee H D F Corp, Hanen Patricia L Pres110 Chapel Street, Penn Yan, NY 14527-1156NY1992-10$382,626
24Wilson Commencement Park Housing Development Fund Corporation251 Joseph Ave, Rochester, NY 14605-1911NY1991-05$308,354
25Senior Citizens Overlook Inc45 Main St Ste 1, Bloomingdale, NY 12913-1907NY1987-01$286,687
26Rural Sullivan County HousingPO BOX 1497, Monticello, NY 12701-8497NY1981-11$275,969
27South St Lawrence Planning CorpPO BOX 6, Star Lake, NY 13690-0006NY1980-08$193,839
28Bridgeview Housing Develpment Fund Company Inc56 Bay Street - Suite 5, Staten Island, NY 10301-2563NY1992-08$98,723
29Henry Street Housing Development Fund Corp265 Henry Street, New York, NY 10002NY1992-11$62,346
30Unity Interfaith Housing Development Fund Co Inc5 West Main Street, Elmsford, NY 10523-2416NY1997-08$21,754
Number of organizations performing similar types of work
Alaska3
Alabama26
Arkansas24
Arizona22
California196
Colorado35
Connecticut24
District of Columbia19
Delaware3
Florida83
Georgia43
Hawaii12
Iowa17
Idaho3
Illinois81
Indiana43
Kansas14
Kentucky57
Louisiana26
Massachusetts81
Maryland44
Maine14
Michigan71
Minnesota47
Missouri35
Mississippi13
Montana4
North Carolina87
North Dakota3
Nebraska26
New Hampshire10
New Jersey59
New Mexico9
Nevada3
New York183
Ohio113
Oklahoma15
Oregon11
Pennsylvania106
Rhode Island14
South Carolina36
South Dakota10
Tennessee37
Texas113
Utah6
Virginia49
Vermont10
Washington28
Wisconsin42
West Virginia10
Wyoming3
International6
Total2,029

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