Civic Intelligence

Veterans & Community Housing Coalition Inc.

990 • Fiscal year 2019 • EIN 11-2646839

Jan 01, 2019 to Dec 31, 2019 • Filed on May 12, 2020

20 Prospect Street Suite 313Ballston Spa, NY 12020

(518) 885-0091

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.04x

Higher debt load relative to assets than 21% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

9th percentile

0.05x

Higher debt load relative to revenue than 9% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Net Margin

75th percentile

9.2%

Higher net margin than 75% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

66th percentile

$108,755

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Asset Growth

85th percentile

8.3%

Faster asset growth than 85% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-13%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,436,984

Up $187,504 (+8.3%) from 2018

Net Assets

Up

$2,343,916

Up $187,507 (+8.7%) from 2018

Liabilities

Down

$93,068

Down $3 (-0.0%) from 2018

Revenue

Down

$2,034,133

Down $300,144 (-13%) from 2018

Expenses

Up

$1,846,626

Up $10,650 (+0.6%) from 2018

Net Income

Down

$187,507

Down $310,794 (-62%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,355,656Liabilities 2010: $385,771Net Assets 2010: $969,8852010Assets 2011: $1,761,115Liabilities 2011: $465,820Net Assets 2011: $1,295,2952011Assets 2012: $1,668,572Liabilities 2012: $396,883Net Assets 2012: $1,271,6892012Assets 2013: $1,711,675Liabilities 2013: $535,232Net Assets 2013: $1,176,4432013Assets 2014: $1,651,639Liabilities 2014: $538,256Net Assets 2014: $1,113,3832014Assets 2015: $1,564,930Liabilities 2015: $442,811Net Assets 2015: $1,122,1192015Assets 2016: $1,754,573Liabilities 2016: $402,151Net Assets 2016: $1,352,4222016Assets 2017: $2,050,936Liabilities 2017: $392,828Net Assets 2017: $1,658,1082017Assets 2018: $2,249,480Liabilities 2018: $93,071Net Assets 2018: $2,156,4092018Assets 2019: $2,436,984Liabilities 2019: $93,068Net Assets 2019: $2,343,9162019Assets 2020: $2,861,086Liabilities 2020: $92,401Net Assets 2020: $2,768,6852020Assets 2021: $3,118,396Liabilities 2021: $87,863Net Assets 2021: $3,030,5332021Assets 2022: $4,659,943Liabilities 2022: $388,594Net Assets 2022: $4,271,3492022Assets 2023: $4,976,802Liabilities 2023: $319,196Net Assets 2023: $4,657,6062023Assets 2024: $5,095,282Liabilities 2024: $314,133Net Assets 2024: $4,781,1492024

Highlighted filing

2019

Assets$2,436,984
Liabilities$93,068
Net Assets$2,343,916

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $902,1582010Revenue 2011: $2,192,217Expenses 2011: $1,866,807Net Income 2011: $325,4102011Revenue 2012: $1,399,082Expenses 2012: $1,422,688Net Income 2012: -$23,6062012Revenue 2013: $1,310,983Expenses 2013: $1,406,229Net Income 2013: -$95,2462013Revenue 2014: $2,272,169Expenses 2014: $2,335,229Net Income 2014: -$63,0602014Revenue 2015: $1,874,151Expenses 2015: $1,865,415Net Income 2015: $8,7362015Revenue 2016: $1,688,949Expenses 2016: $1,458,646Net Income 2016: $230,3032016Revenue 2017: $1,943,209Expenses 2017: $1,651,917Net Income 2017: $291,2922017Revenue 2018: $2,334,277Expenses 2018: $1,835,976Net Income 2018: $498,3012018Revenue 2019: $2,034,133Expenses 2019: $1,846,626Net Income 2019: $187,5072019Revenue 2020: $2,424,528Expenses 2020: $1,999,759Net Income 2020: $424,7692020Revenue 2021: $2,312,479Expenses 2021: $2,050,631Net Income 2021: $261,8482021Revenue 2022: $3,712,996Expenses 2022: $2,472,180Net Income 2022: $1,240,8162022Revenue 2023: $2,954,301Expenses 2023: $2,568,044Net Income 2023: $386,2572023Revenue 2024: $2,951,949Expenses 2024: $2,828,406Net Income 2024: $123,5432024

Highlighted filing

2019

Revenue$2,034,133
Expenses$1,846,626
Net Income$187,507
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 12, 2020
Return Version
2019v5.0
Gross Receipts
$2,034,133
Mission and Program Overview

Mission

To provide housing opportunities for low income households, to serve the needs of homeless military veterans through case management, advocacy, employment opportunities, temporary and permanent housing to advocate for all military veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,169,972$1,198,028▲ $28,056
Savings and Temporary Cash Investments$444,960$557,513▲ $112,553
Cash and Non-Interest-Bearing Accounts$363,226$426,756▲ $63,530
Pledges and Grants Receivable$171,643$187,008▲ $15,365
Accounts Receivable$16,545$23,131▲ $6,586
Prepaid Expenses and Deferred Charges$8,755$7,235▼ $1,520
Total Assets$2,249,480$2,436,984▲ $187,504
Other Assets Total$74,379$37,313▼ $37,066
Liabilities
Accounts Payable and Accrued Expenses$54,122$48,694▼ $5,428
Deferred Revenue$38,949$44,374▲ $5,425
Total Liabilities$93,071$93,068▼ $3
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,027,547$2,278,754▲ $251,207
Net Assets With Donor Restrictions$128,862$65,162▼ $63,700
Total Net Assets Fund Balance$2,156,409$2,343,916▲ $187,507
Total Liabilities and Net Assets / Fund Balance$2,249,480$2,436,984▲ $187,504

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,013,176$1,090,384$2,103,560
Equipment$94,964$176,270$271,234
Land$89,888-$89,888
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cheryl Hage-perezExecutive DiFT$108,755$108,755

Board Members and Trustees

NameTitle
Norman McfarlanePresident
James DoddDirector
Karen CharbonneauDirector
Phillip OswaldDirector
Ronald PattersonDirector
Tammy DicaraDirector
Tom RiellyDirector
Nicole SheelerSecretary
Thomas RatsepTreasurer
Wendy BrustVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,677,759
Program Service Revenue
$348,275
Investment Income
$1,757
Other Revenue
$6,342
All Other Contributions
$115,609
Change in Net Assets
$187,507

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,034,133
Total Revenue per Audited Statements
$2,034,133
Total Revenue per Form 990
$2,034,133
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$977,642
Salaries, Compensation, and Employee Benefits$868,984
Total Fundraising Expense$25,217
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$610,104--$610,104
Current Officers, Directors, Trustees, and Key Employees-$108,755-$108,755
Depreciation Depletion$91,871$7,153-$99,024
All Other Expenses$35,735$14,053$25,217$75,005
Payroll Taxes$55,073$18,439-$73,512
Other Employee Benefits$68,772$1,004-$69,776
Fees for Services Accounting$28,358$13,435-$41,793
Insurance$38,360--$38,360
Occupancy$32,127$4,694-$36,821
Other Expenses$30,600$3,492-$30,600
Information Technology$5,527$8,798-$14,325
Travel$7,333$4,937-$12,270
Office Expenses$2,426$5,220-$7,646
Pension Plan Contributions-$6,837-$6,837
Advertising$1,081$1,928-$3,009
Conferences and Meetings$1,362$299-$1,661
Total Functional Expenses$1,622,365$199,044$25,217$1,846,626

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,846,626
Total Expenses per Audited Statements$1,846,626
Total Expenses per Form 990$1,846,626
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board members reviewed the 990 prior to filing

Form 990, Page 6, Part VI, Line 12C

The executive director is accountable for all staff members and has the responsibility of employing, assigning, supervising and releasing of all staff and for administering the approved personnel policies

Form 990, Page 6, Part VI, Line 15A

The board of directors recommends, discusses and decides the salary rates

Form 990, Page 6, Part VI, Line 15B

Salaries are approved by the board of directors

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Veterans & Community Housing
EIN
11-2646839
Phone
5188850091
Address
20 PROSPECT STREET SUITE 313, BALLSTON SPA, NY 12020

Signing Officer

Name
Cheryl Hage-perez
Title
Executive Director
Phone
5188850091
Signed
2020-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Hage-perez
Formed
1983
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
39

Preparer

Firm
West & Company Cpas Pc
Address
60 RAILROAD PLACE SUITE 302, SARATOGA SPRINGS, NY 12866
Preparer
Amy M Pedrick
Phone
5185875111
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide housing opportunities for low income households, to serve the needs of homeless military veterans through case management, advocacy, employment opportunities, temporary and permanent housing to advocate for all military veterans.

Form 990, Page 2, Part III, Line 4D

To provide housing opportunities for low income households, to serve the needs of homeless military veterans through case management, advocacy, employment opportunities, temporary and permanent housing to advocate for all military veterans.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization follows the accounting for uncertainty in income taxes, topic, fasb asc 740, which prescribes a comprehensive model for recognizing, measuring, presenting and disclosing in the financial statements tax positions taken or expected to be taken on a tax return. The organization believes that they have appropriate support for the income tax positions taken and to be taken on returns based on an assessment of many factors including experience and interpretations of the tax laws applied to the fact of each matter. The organization has concluded that there are no significant uncertain tax positions requiring disclosure.

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IRS990/OtherExpensesGrp/Desc1SVAP RENTAL
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
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IRS990/PrincipalOfficerNm0CHERYL HAGE-PEREZ
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IRS990/ProgramServiceRevenueGrp/Desc4DONATION REVENUE
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IRS990/ProgSrvcAccomActy2Grp/Desc0VETERANS HOMES - PROVIDING TRANSITIONAL HOUSING AND SERVICES FOR HOMELESS MALE AND FEMALE VETERANS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0355812
IRS990/ProgSrvcAccomActy3Grp/Desc0SARATOGA REGIONAL HOUSING SERVICES - LOCAL ADMINSTRATOR OF THE NYS DIVISION OF HOUSING AND COMMUNITY RENEWAL SECTION 8 HOUSING CHOICE VOUCHER PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0221880
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE HOUSING OPPORTUNITIES FOR LOW INCOME HOUSEHOLDS, TO SERVE THE NEEDS OF HOMELESS MILITARY VETERANS THROUGH CASE MANAGEMENT, ADVOCACY, EMPLOYMENT OPPORTUNITIES, TEMPORARY AND PERMANENT HOUSING TO ADVOCATE FOR ALL MILITARY VETERANS.
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IRS990/PYOtherRevenueAmt0303290
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0444960
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0557513
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01677759
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01549519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01498767
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01309203
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01530202
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01757
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0240
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0703
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04829
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0354617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0783220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0443851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0379506
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0343246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02304440
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01688709
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01090384
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IRS990ScheduleD/EquipmentGrp/BookValueAmt094964
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IRS990ScheduleD/ExpensesSubtotalAmt01846626
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IRS990ScheduleD/LandGrp/BookValueAmt089888
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt089888
IRS990ScheduleD/RevenueSubtotalAmt02034133
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, TOPIC, FASB ASC 740, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION BELIEVES THAT THEY HAVE APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON RETURNS BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF THE TAX LAWS APPLIED TO THE FACT OF EACH MATTER. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalExpensesPerForm990Amt01846626
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02034133
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE HOUSING OPPORTUNITIES FOR LOW INCOME HOUSEHOLDS, TO SERVE THE NEEDS OF HOMELESS MILITARY VETERANS THROUGH CASE MANAGEMENT, ADVOCACY, EMPLOYMENT OPPORTUNITIES, TEMPORARY AND PERMANENT HOUSING TO ADVOCATE FOR ALL MILITARY VETERANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE HOUSING OPPORTUNITIES FOR LOW INCOME HOUSEHOLDS, TO SERVE THE NEEDS OF HOMELESS MILITARY VETERANS THROUGH CASE MANAGEMENT, ADVOCACY, EMPLOYMENT OPPORTUNITIES, TEMPORARY AND PERMANENT HOUSING TO ADVOCATE FOR ALL MILITARY VETERANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REVIEWED THE 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR IS ACCOUNTABLE FOR ALL STAFF MEMBERS AND HAS THE RESPONSIBILITY OF EMPLOYING, ASSIGNING, SUPERVISING AND RELEASING OF ALL STAFF AND FOR ADMINISTERING THE APPROVED PERSONNEL POLICIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS RECOMMENDS, DISCUSSES AND DECIDES THE SALARY RATES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalAssetsBOYAmt02249480
IRS990/TotalAssetsEOYAmt02436984
IRS990/TotalAssetsGrp/BOYAmt02249480

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.10$0.31$4.78$2.95$2.83$0.12
2023Detailed filing. Detailed filing data is available for this year.$4.98$0.32$4.66$2.95$2.57$0.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$0.39$4.27$3.71$2.47$1.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.12$0.09$3.03$2.31$2.05$0.26
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$0.09$2.77$2.42$2.00$0.42
2019Detailed filing. Detailed filing data is available for this year.$2.44$0.09$2.34$2.03$1.85$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.09$2.16$2.33$1.84$0.50
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.39$1.66$1.94$1.65$0.29
2016Summary only. Only limited summary data is available for this year.$1.75$0.40$1.35$1.69$1.46$0.23
2015Summary only. Only limited summary data is available for this year.$1.56$0.44$1.12$1.87$1.87$0.01
2014Summary only. Only limited summary data is available for this year.$1.65$0.54$1.11$2.27$2.34$0.06
2013Summary only. Only limited summary data is available for this year.$1.71$0.54$1.18$1.31$1.41$0.10
2012Summary only. Only limited summary data is available for this year.$1.67$0.40$1.27$1.40$1.42$0.02
2011Summary only. Only limited summary data is available for this year.$1.76$0.47$1.30$2.19$1.87$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.39$0.97$0.90
Peer Organizations

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