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Nonprofit · EIN 14-1628657

ARBOR HILL DEVELOPMENT CORPORATION

Tax-exempt · ALBANY, NY 12210

Financials

$330K$386K2023$258K$335K2024
Revenue Expenses · by fiscal year end
Financials of ARBOR HILL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$257,831$334,905-$77,074$516,099$189,140$326,959
June 30, 2024990$330,152$385,851-$55,699$590,631$186,598$404,033
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$189,458
of which government grants
$166,927
Program service revenue
$64,095
Investment income
$3,255
Other revenue
$1,023

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$45,006
Other salaries and wages
$125,438
Salaries, compensation and benefits (total)
$197,814
Professional fundraising fees
$0
Accounting fees
$15,306
Occupancy
$12,562
Travel
$336
Depreciation
$10,471
Program services (functional)
$255,812
Management and general (functional)
$72,967
Fundraising (functional)
$6,126

Balance sheet and other

Total assets, start of year
$590,631
Total assets, end of year
$516,099
Total liabilities, end of year
$189,140
Net assets, end of year
$326,959
Land, buildings and equipment
$77,370
Net assets without donor restrictions
$22,479
Net assets with donor restrictions
$304,480
Gross receipts
$257,831
Employees
4
Year formed
1981
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ARLENE WAYEXECUTIVE DI
Officer
40$45,006
ELBERT WATSONPRESIDENT
Trustee or director, Officer
1$0
ANDRE LAKEVICE PRESIDE
Trustee or director, Officer
1$0
ARTHUR LUMPKINTREASURER
Trustee or director, Officer
1$0
BARBARA JOHNSONSECRETARY
Trustee or director, Officer
1$0
INNOCENT AKEDIRECTOR
Trustee or director
1$0
KIM RICHARDSONDIRECTOR
Trustee or director
1$0
ALENE SHERMANDIRECTOR
Trustee or director
1$0
IRVING BRADYDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
ARLENE WAYEXECUTIVE DI
Officer
40$45,006
ELBERT WATSONPRESIDENT
Trustee or director, Officer
1$0
ANDRE LAKEVICE PRESIDE
Trustee or director, Officer
1$0
ARTHUR LUMPKINTREASURER
Trustee or director
1$0
BARBARA JOHNSONSECRETARY
Trustee or director
1$0
INNOCENT AKEDIRECTOR
Trustee or director, Officer
1$0
KIM RICHARDSONDIRECTOR
Trustee or director, Officer
1$0
ALENE SHERMANDIRECTOR
Trustee or director
1$0
IRVING BRADYDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
241 CLINTON AVE, ALBANY, NY 12210-2448
Principal officer (990 for 2024)
ARLENE WAY, 241 CLINTON AVENUE, ALBANY, NY 12210
Signed the 990
ARTHUR LUMPKIN, TREASURER
Phone
(518) 463-9993
Return prepared by
CUSACK & COMPANY CPAS LLC

Mission

THE ENTITY IS DEDICATED TO PROVIDING NEIGHBORHOOD ASSISTANCE INCLUDING AFFORDABLE HOMEOWNERSHIP, APARTMENT HOUSING, RESTORATION AND REVITALIZATION OF HOUSING, WORKFORCE DEVELOPMENT AND IMPROVING THE AREA'S QUALITY OF LIFE.

990 for the year ended June 30, 2025

Program accomplishments

  • AFFORDABLE RENTAL HOUSING PROGRAM - FIRST STREET
    Expenses $42,881 · revenue $64,095
  • AFFORDABLE HOUSING PROGRAM, RENOVATIONS AND ASSISTANCE, AND WORKFORCE DEVELOPMENT AND COMMUNITY RENEWAL.
    Expenses $212,931

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
14-1628657
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
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$516,099
Income (IRS master file)
$257,831

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$257,831$334,905$516,099XML
990June 2024$330,152$385,851$590,631XML
990June 2023$759,644$256,052$729,317IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––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 14-1628657).

Questions about ARBOR HILL DEVELOPMENT CORPORATION

What is the EIN of ARBOR HILL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of ARBOR HILL DEVELOPMENT CORPORATION is 14-1628657.
Is ARBOR HILL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to ARBOR HILL DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARBOR HILL DEVELOPMENT CORPORATION 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 ARBOR HILL DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARBOR HILL DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ARBOR HILL DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names ARLENE WAY.
Who are the officers and directors of ARBOR HILL DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $45,006 (ARLENE WAY, EXECUTIVE DI).
How much revenue does ARBOR HILL DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $257,831, expenses of $334,905 and total assets of $516,099 at year end.

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