Bvk Inc
- Assets
- $5.6m
- Revenue
- $299.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Allison Park, PA
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 25-1870139
Organization Overview
Bvk Inc is located in Allison Park, PA. The organization was established in 2001. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bvk Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Bvk Inc generated $299.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $261.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE REHABILITATION, RESTORATION OR GENERAL RENEWAL OF ABANDONED OR DERELICT INDUSTRIAL PLANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE LINE 1 ABOVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Hwostow Member | Officer | 1 | $0 |
Louis Vidic Chairman | Officer | 1 | $0 |
Robert Nypaver Member | Officer | 1 | $0 |
Jang Hae Kim Vice Chairma | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $50,800 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,398 |
| Insurance | $12,306 |
| All other expenses | $0 |
| Total functional expenses | $261,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,298 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,163,993 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,435 |
| Total assets | $5,575,289 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,318,282 |
| Unsecured mortgages and notes payable | $160,000 |
| Other liabilities | $4,435 |
| Total liabilities | $1,482,717 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,092,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Praxis Housing Initiatives Inc New York, NY | $17,550,749 | $43,469,449 |
Home Headquarters Inc Syracuse, NY | $61,706,462 | $11,933,384 |
Depaul Properties Inc Rochester, NY | $60,046,501 | $8,018,697 |
Isles Inc Trenton, NJ | $25,476,363 | $9,864,108 |
Beech Interplex Inc Philadelphia, PA | $34,852,112 | $5,583,039 |
Crispus Attucks Association Of York Pennsylvania York, PA | $24,303,531 | $5,790,154 |
Eastern West Virginia Community Action Inc Moorefield, WV | $1,421,827 | $4,960,389 |
Housing Initiative Partnership Inc Hyattsville, MD | $6,736,869 | $3,837,345 |
Troy Rehabilitation And Improvement Program Inc Troy, NY | $4,527,116 | $4,140,655 |
Fairfax Renaissance Development Corporation Cleveland, OH | $25,841,222 | $4,040,938 |
Opportunity Headquarters Inc Syracuse, NY | $931,819 | $3,257,864 |
Rebuilding Together-Saratoga County Ballston Spa, NY | $1,364,946 | $2,773,949 |