Nonprofit · EIN 14-1613620
BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · BURNT HILLS, NY 12027
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $184,713 | $189,403 | -$4,690 | $530,993 | $698,356 | -$167,363 |
| December 31, 2023 | 990 | $197,950 | $171,901 | $26,049 | $563,889 | $726,562 | -$162,673 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,457
- Membership dues
- $500
- Program service revenue
- $176,069
- Investment income
- $1,887
- Other revenue
- $300
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $12,000
- Salaries, compensation and benefits (total)
- $12,000
- Professional fundraising fees
- $0
- Occupancy
- $8,139
- Depreciation
- $41,951
- Program services (functional)
- $145,201
- Management and general (functional)
- $44,202
Balance sheet and other
- Total assets, start of year
- $563,889
- Total assets, end of year
- $530,993
- Total liabilities, end of year
- $698,356
- Net assets, end of year
- -$167,363
- Land, buildings and equipment
- $363,247
- Net assets without donor restrictions
- -$167,363
- Gross receipts
- $184,713
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1979
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORETTA RIGNEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN STEC | SECRETARY Trustee or director, Officer | 1 | $0 |
| TOM RIGNEY | TRUSTEE Trustee or director | 1 | $0 |
| KAREN LATHROP | TRUSTEE Trustee or director | 1 | $0 |
| MARTY SCOFIELD | TREASURER Trustee or director, Officer | 1 | $0 |
| MARY FORMAN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORETTA RIGNEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RAY SIMBOLI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| KATE BRENNER | TREASURER Trustee or director, Officer | 1 | $0 |
| SUSAN STEC | SECRETARY Trustee or director, Officer | 1 | $0 |
| LUCILLE BREWSTER | TRUSTEE Trustee or director | 1 | $0 |
| KAREN LATHROP | TRUSTEE Trustee or director | 1 | $0 |
| MARTY SCOFIELD | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 126 COUNCIL LN, BURNT HILLS, NY 12027-9567
- In care of
- % BURNT HILLS-BALLSTON LAKE HOUSING
- Principal officer (990 for 2024)
- LORETTA RIGNEY, 126 COUNCIL LANE, BURNT HILLS, NY 12027
- Signed the 990
- LORETTA RIGNEY, PRESIDENT
- Phone
- (518) 371-0339
- Return prepared by
- EFPR ADVISORY LLC
Mission
PROVIDE SAFE, ATTRACTIVE, COMFORTABLE AND AFFORDABLE HOUSING FOR SENIORS AND/OR PEOPLE WITH DISABILITIES.
Program accomplishments
- THE ORGANIZATION OPERATES A LOW INCOME HOUSING PROJECT FINANCED BY THE U.S. GOVERNMENT PROVIDING HOUSING TO THE VERY LOW TO LOW INCOME SENIOR/DISABLED.Expenses $145,201 · revenue $176,069
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1613620
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $530,993
- Income (IRS master file)
- $184,713
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $184,713 | $189,403 | $530,993 | XML |
| 990 | December 2023 | $197,950 | $171,901 | $563,889 | XML |
| 990 | December 2022 | $167,483 | $153,535 | $557,023 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1613620).
Questions about BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC is 14-1613620.
- Is BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2024 names LORETTA RIGNEY.
- Who are the officers and directors of BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does BURNT HILLS BALLSTON LAKE HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $184,713, expenses of $189,403 and total assets of $530,993 at year end.
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