Nonprofit · EIN 22-2767974
RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · ATHENS, NY 12015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $409,568 | $501,045 | -$91,477 | $1,831,593 | $3,218,494 | -$1,386,901 |
| December 31, 2024 | 990 | $410,206 | $484,854 | -$74,648 | $1,868,427 | $3,163,851 | -$1,295,424 |
| December 31, 2023 | 990 | $392,094 | $452,819 | -$60,725 | $1,763,264 | $2,984,040 | -$1,220,776 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $166,714
- of which government grants
- $166,714
- Program service revenue
- $197,386
- Investment income
- $284
- Other revenue
- $45,184
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $63,000
- Other salaries and wages
- $33,909
- Salaries, compensation and benefits (total)
- $107,342
- Professional fundraising fees
- $0
- Accounting fees
- $25,152
- Depreciation
- $107,336
- Program services (functional)
- $401,563
- Management and general (functional)
- $99,482
Balance sheet and other
- Total assets, start of year
- $1,868,427
- Total assets, end of year
- $1,831,593
- Total liabilities, end of year
- $3,218,494
- Net assets, end of year
- -$1,386,901
- Land, buildings and equipment
- $1,464,575
- Net assets without donor restrictions
- -$1,386,901
- Gross receipts
- $409,568
- Employees
- 3
- Year formed
- 1986
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ED BLOOMER | TRUSTEE/DIRE Trustee or director | 1 | $0 |
| TAMI BONE | TRUSTEE/DIRE Trustee or director | 1 | $0 |
| MARY BRANDOW | TREASURER Trustee or director | 1 | $0 |
| RICHARD GOLDEN | VICE PRESIDE Trustee or director | 1 | $0 |
| BARBARA IRACI | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL SALVINO | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ED BLOOMER | TRUSTEE/DIRE Trustee or director | 1 | $0 |
| TAMI BONE | TRUSTEE/DIRE Trustee or director | 1 | $0 |
| MARY BRANDOW | TREASURER Trustee or director | 1 | $0 |
| RICHARD GOLDEN | VICE PRESIDE Trustee or director | 1 | $0 |
| BARBARA IRACI | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL SALVINO | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ED BLOOMER | TRUSTEE/DIRE Trustee or director | 1 | $0 |
| TAMI BONE | TRUSTEE/DIRE Trustee or director | 1 | $0 |
| MARY BRANDOW | TREASURER Trustee or director | 1 | $0 |
| RICHARD GOLDEN | VICE PRESIDE Trustee or director | 1 | $0 |
| BARBARA IRACI | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL SALVINO | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 19 THIRD STREET, ATHENS, NY 12015-1052
- Principal officer (990 for 2025)
- PAUL SALVINO, 49 SALVINO DR, ATHENS, NY 12015
- Signed the 990
- PAUL SALVINO, PRESIDENT
- Phone
- (518) 945-1751
- Website
- WWW.RIVERTOWNHOUSING.ORG
- Return prepared by
- ACCOUNTING OFFICES OF TOM FUCITO CPA PC
Mission
LOW-INCOME SENIOR HOUSING - TO OWN, OPERATE, AND MANAGE SENIOR CITIZEN APARTMENT PROJECTS UNDER FMHA GUIDELINES - 52 UNITS.
Program accomplishments
- THE ORGANIZATION HAS SUCCESSFULLY OPERATED THE 52 UNIT SENIOR CITIZEN APARTMENT PROJECTS WITH AN AVERAGE OF LESS THAN 1 VACANCY PER MONTH. THIS IS THE SOLE PROGRAM OF THE ORGANIZATION.Expenses $401,563
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 | 990 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
- 22-2767974
- 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
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $1,831,593
- Income (IRS master file)
- $409,568
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $409,568 | $501,045 | $1,831,593 | XML |
| 990 | December 2024 | $410,206 | $484,854 | $1,868,427 | XML |
| 990 | December 2023 | $392,094 | $452,819 | $1,763,264 | XML |
| 990 | December 2022 | $378,983 | $431,686 | $1,646,525 | 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 22-2767974).
Questions about RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC is 22-2767974.
- Is RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIVERTOWN 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 RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIVERTOWN 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 2025.
- Who is the principal officer of RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 names PAUL SALVINO.
- Who are the officers and directors of RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RIVERTOWN HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $409,568, expenses of $501,045 and total assets of $1,831,593 at year end.
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