Civic Intelligence

Schaffer Heights Housing Corp

EIN 14-1427968 • 501(c)3 • Schenectady, NY

Profile

To provide housing to seniors living in the city of schenectady and the surrounding area.

101 Nott TerraceSchenectady, NY 12308

www.schafferheights.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.60x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

5.10x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

21st percentile

-9.2%

Higher net margin than 21% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-0.4%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

5.3%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$6,964,225

Down $28,741 (-0.4%) from 2023

Liabilities

Down

$11,159,794

Down $61,753 (-0.6%) from 2023

Net Assets

Up

-$4,195,569

Up $33,012 (+0.8%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin21st percentile

Revenue

Up

$2,186,935

Up $110,253 (+5.3%) from 2023

Expenses

Up

$2,387,770

Up $225,770 (+10%) from 2023

Net Income

Down

-$200,835

Down $115,517 (-135%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2010: $11,158,898Liabilities 2010: $10,882,441Net Assets 2010: $276,4572010Assets 2011: $10,660,252Liabilities 2011: $10,880,362Net Assets 2011: -$220,1102011Assets 2012: $10,371,486Liabilities 2012: $10,939,768Net Assets 2012: -$568,2822012Assets 2013: $10,229,738Liabilities 2013: $11,133,254Net Assets 2013: -$903,5162013Assets 2014: $10,938,899Liabilities 2014: $12,523,725Net Assets 2014: -$1,584,8262014Assets 2015: $10,371,451Liabilities 2015: $12,391,593Net Assets 2015: -$2,020,1422015Assets 2016: $9,916,244Liabilities 2016: $12,642,626Net Assets 2016: -$2,726,3822016Assets 2017: $9,370,800Liabilities 2017: $12,329,724Net Assets 2017: -$2,958,9242017Assets 2018: $8,851,452Liabilities 2018: $12,000,832Net Assets 2018: -$3,149,3802018Assets 2019: $8,260,436Liabilities 2019: $11,818,967Net Assets 2019: -$3,558,5312019Assets 2020: $7,860,193Liabilities 2020: $11,809,119Net Assets 2020: -$3,948,9262020Assets 2021: $7,283,711Liabilities 2021: $11,304,523Net Assets 2021: -$4,020,8122021Assets 2022: $6,976,549Liabilities 2022: $11,119,812Net Assets 2022: -$4,143,2632022Assets 2023: $6,992,966Liabilities 2023: $11,221,547Net Assets 2023: -$4,228,5812023Assets 2024: $6,964,225Liabilities 2024: $11,159,794Net Assets 2024: -$4,195,5692024

Highlighted filing

2024

Assets$6,964,225
Liabilities$11,159,794
Net Assets-$4,195,569
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,426,567Expenses 2010: $1,811,488Net Income 2010: -$384,9212010Expenses 2011: $1,854,9242011Expenses 2012: $1,863,3632012Revenue 2013: $1,541,153Expenses 2013: $1,876,387Net Income 2013: -$335,2342013Revenue 2014: $1,576,466Expenses 2014: $2,257,776Net Income 2014: -$681,3102014Revenue 2015: $1,619,006Expenses 2015: $2,054,322Net Income 2015: -$435,3162015Revenue 2016: $1,698,701Expenses 2016: $2,049,852Net Income 2016: -$351,1512016Revenue 2017: $1,722,278Expenses 2017: $2,067,477Net Income 2017: -$345,1992017Revenue 2018: $1,768,070Expenses 2018: $2,063,026Net Income 2018: -$294,9562018Revenue 2019: $1,789,492Expenses 2019: $2,042,034Net Income 2019: -$252,5422019Revenue 2020: $1,798,833Expenses 2020: $2,024,983Net Income 2020: -$226,1502020Revenue 2021: $1,838,522Expenses 2021: $1,910,408Net Income 2021: -$71,8862021Revenue 2022: $2,024,049Expenses 2022: $2,146,500Net Income 2022: -$122,4512022Revenue 2023: $2,076,682Expenses 2023: $2,162,000Net Income 2023: -$85,3182023Revenue 2024: $2,186,935Expenses 2024: $2,387,770Net Income 2024: -$200,8352024

Highlighted filing

2024

Revenue$2,186,935
Expenses$2,387,770
Net Income-$200,835
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,964,225
Liabilities
$11,159,794
Net assets
-$4,195,569
Revenue
$2,186,935
Expenses
$2,387,770
Net income
-$200,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$11.2$4.20$2.19$2.39$0.20
2023Detailed filing. Detailed filing data is available for this year.$6.99$11.2$4.23$2.08$2.16$0.09
2022Detailed filing. Detailed filing data is available for this year.$6.98$11.1$4.14$2.02$2.15$0.12
2021Detailed filing. Detailed filing data is available for this year.$7.28$11.3$4.02$1.84$1.91$0.07
2020Detailed filing. Detailed filing data is available for this year.$7.86$11.8$3.95$1.80$2.02$0.23
2019Detailed filing. Detailed filing data is available for this year.$8.26$11.8$3.56$1.79$2.04$0.25
2018Detailed filing. Detailed filing data is available for this year.$8.85$12.0$3.15$1.77$2.06$0.29
2017Detailed filing. Detailed filing data is available for this year.$9.37$12.3$2.96$1.72$2.07$0.35
2016Detailed filing. Detailed filing data is available for this year.$9.92$12.6$2.73$1.70$2.05$0.35
2015Detailed filing. Detailed filing data is available for this year.$10.4$12.4$2.02$1.62$2.05$0.44
2014Detailed filing. Detailed filing data is available for this year.$10.9$12.5$1.58$1.58$2.26$0.68
2013Detailed filing. Detailed filing data is available for this year.$10.2$11.1$0.90$1.54$1.88$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$10.9$0.57$1.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$10.9$0.22$1.85
2010Summary only. Only limited summary data is available for this year.$11.2$10.9$0.28$1.43$1.81$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$2,186,935
Mission and Program Overview

Mission

To provide housing to seniors living in the city of schenectady and the surrounding area.

Provide housing to seniors living in the city of schenectady and the surrounding area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,976,654$5,890,660▼ $85,994
Savings and Temporary Cash Investments$441,601$504,495▲ $62,894
Cash and Non-Interest-Bearing Accounts$359,441$107,509▼ $251,932
Prepaid Expenses and Deferred Charges$42,390$42,926▲ $536
Intangible Assets$49,695$40,230▼ $9,465
Accounts Receivable$10,815$25,176▲ $14,361
Total Assets$6,992,966$6,964,225▼ $28,741
Other Assets Total$112,370$353,229▲ $240,859
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,905,922$10,742,564▼ $163,358
Accounts Payable and Accrued Expenses$164,805$210,553▲ $45,748
Other Liabilities$101,454$110,896▲ $9,442
Deferred Revenue$49,366$95,781▲ $46,415
Total Liabilities$11,221,547$11,159,794▼ $61,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,228,581$-4,195,569▲ $33,012
Total Net Assets Fund Balance$-4,228,581$-4,195,569▲ $33,012
Total Liabilities and Net Assets / Fund Balance$6,992,966$6,964,225▼ $28,741

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,301,043$13,098,479$18,399,522
Land$560,630-$560,630
Equipment$24,668$307,061$331,729
Other Land Buildings$4,319$38,533$42,852
Other Assets Org$239,249--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Robert HarrisonPresident
B Donald AckermanDirector
Cathy Berne SmithDirector
Gary HughesDirector
Randy L StarkDirector
Brian F ForgetTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
United Realty Management CorporatationProperty Management300 JORDAN ROAD, Troy, NY 12180$129,628
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,167,353
Investment Income
$19,582
Other Revenue
$0
Change in Net Assets
$-200,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,186,935
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,186,935
Total Revenue per Form 990
$2,186,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,071,106
Salaries, Compensation, and Employee Benefits$316,664
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$605,163--$605,163
Interest$455,657--$455,657
Other Salaries and Wages-$257,215-$257,215
Insurance$196,954--$196,954
Fees for Services Management-$129,628-$129,628
Office Expenses-$83,638-$83,638
Advertising-$36,686-$36,686
Payroll Taxes-$30,167-$30,167
Other Employee Benefits$29,282--$29,282
Fees for Services Accounting$17,707--$17,707
Fees for Services Other-$16,963-$16,963
Other Expenses$3,373$105,374-$3,373
All Other Expenses$776$1,483-$2,259
Total Functional Expenses$1,726,616$661,154$0$2,387,770

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,387,770
Total Expenses per Audited Statements$2,387,770
Total Expenses per Form 990$2,387,770
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenants Deposits$110,896
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Delegation of management duties: rental operations are managed for the organization by united realty management corporation. The board approves and controls the budget and monitors the operations and finances.”

Form 990, Part VI, Section B, Line 11B

“Form 990 review procedure: the form 990 is reviewed by the officers and the board prior to finalization and filing.”

Form 990, Part VI, Section C, Line 19

“Public access to organizational documents: governing documents and financial statements are available for inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Schaffer Heights Housing Corp
EIN
14-1427968
Phone
5183463438
Address
101 NOTT TERRACE, SCHENECTADY, NY 12308

Signing Officer

Name
Brian Forget
Title
President
Phone
5183463438
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Forget
Formed
1995
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Uhy Advisors Northeast Inc
Address
4 TOWER PLACE EXECUTIVE PARK 7TH, FLOOR, ALBANY, NY 12203
Preparer
F Michael Zovistoski
Phone
5184493166
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Fasb asc 740 text of financial statements footnote related to uncertain tax positions: the company follows the guidance issued by the financial accounting standards board ("fasb") regarding accounting for uncertainty in income taxes. This guidance clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. The income tax positions taken by the company for any years open under the various statutes of limitations are (1) that the company continues to be exempt from income taxes and (2) that the company does not have unrelated business income that would be subject to income taxes. Management believes these tax positions meet the more-likely-than-not threshold and, accordingly, the tax benefits of these income tax positions (no income tax expense or liability) have been recognized for the years ended on or before december 31, 2021. The company believes that there are no tax positions taken or expected to be taken that would significantly increase or decrease unrecognized tax benefits within 12 months of the reporting date. None of the company's federal or state income tax returns is currently under examination by the internal revenue service ("irs") or state authorities.”

Raw XML AppendixShowing 400 of 434 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0164805
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0210553
IRS990/AccountsReceivableGrp/BOYAmt010815
IRS990/AccountsReceivableGrp/EOYAmt025176
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING TO SENIORS LIVING IN THE CITY OF SCHENECTADY AND THE SURROUNDING AREA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt036686
IRS990/AdvertisingGrp/TotalAmt036686
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01483
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0776
IRS990/AllOtherExpensesGrp/TotalAmt02259
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0UNITED REALTY MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum05186877300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 JORDAN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0TROY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012180
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0359441
IRS990/CashNonInterestBearingGrp/EOYAmt0107509
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0129628
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0300 JORDAN ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0TROY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd012180
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0UNITED REALTY MANAGEMENT CORPORATATION
IRS990/ContractorCompensationGrp/ServicesDesc0PROPERTY MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt019582
IRS990/CYOtherExpensesAmt02071106
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02167353
IRS990/CYRevenuesLessExpensesAmt0-200835
IRS990/CYSalariesCompEmpBnftPaidAmt0316664
IRS990/CYTotalExpensesAmt02387770
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02186935
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt049366
IRS990/DeferredRevenueGrp/EOYAmt095781
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0605163
IRS990/DepreciationDepletionGrp/TotalAmt0605163
IRS990/Desc0APARTMENT COMPLEX FOR PERSONS 50 AND OVER. A TEN STORY COMPLEX WITH SEVEN FLOORS FOR RESIDENTIAL LIVING AND THREE FLOORS OF COMMERCIAL SPACE TO PROVIDE ANCILLARY SERVICES TO THE RESIDENTS OF THE COMPLEX.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01726616
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt017707
IRS990/FeesForServicesAccountingGrp/TotalAmt017707
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0129628
IRS990/FeesForServicesManagementGrp/TotalAmt0129628
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016963
IRS990/FeesForServicesOtherGrp/TotalAmt016963
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0B DONALD ACKERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm2CATHY BERNE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDY L STARK
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN F FORGET
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02186935
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0196954
IRS990/InsuranceGrp/TotalAmt0196954
IRS990/IntangibleAssetsGrp/BOYAmt049695
IRS990/IntangibleAssetsGrp/EOYAmt040230
IRS990/InterestGrp/ProgramServicesAmt0455657
IRS990/InterestGrp/TotalAmt0455657
IRS990/InvestmentIncomeGrp/ExclusionAmt019582
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019582
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013444073
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05976654
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05890660
IRS990/LandBldgEquipCostOrOtherBssAmt019334733
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING TO SENIORS LIVING IN THE CITY OF SCHENECTADY AND THE SURROUNDING AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010905922
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010742564
IRS990/NetAssetsOrFundBalancesBOYAmt0-4228581
IRS990/NetAssetsOrFundBalancesEOYAmt0-4195569
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-4228581
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-4195569
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt083638
IRS990/OfficeExpensesGrp/TotalAmt083638
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0112370
IRS990/OtherAssetsTotalGrp/EOYAmt0353229
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029282
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029282
IRS990/OtherExpensesGrp/Desc0OPERATING AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2PAYROLL
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0105374
IRS990/OtherExpensesGrp/ProgramServicesAmt0284927
IRS990/OtherExpensesGrp/ProgramServicesAmt1132777
IRS990/OtherExpensesGrp/ProgramServicesAmt23373
IRS990/OtherExpensesGrp/TotalAmt0284927
IRS990/OtherExpensesGrp/TotalAmt1132777
IRS990/OtherExpensesGrp/TotalAmt2105374
IRS990/OtherExpensesGrp/TotalAmt33373
IRS990/OtherLiabilitiesGrp/BOYAmt0101454
IRS990/OtherLiabilitiesGrp/EOYAmt0110896
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0257215
IRS990/OtherSalariesAndWagesGrp/TotalAmt0257215
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt030167
IRS990/PayrollTaxesGrp/TotalAmt030167
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042390
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042926
IRS990/PrincipalOfficerNm0BRIAN FORGET
IRS990/PriorPeriodAdjustmentsAmt0233847
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT REVENUE - RESIDEN
IRS990/ProgramServiceRevenueGrp/Desc1RENT REVENUE - COMMERC
IRS990/ProgramServiceRevenueGrp/Desc2RENT REVENUE - MISCELL
IRS990/ProgramServiceRevenueGrp/Desc3TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc4RENT REVENUE - GARAGE/
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01656151
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1473786
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214555
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314531
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt48330
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01656151
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1473786
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214555
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt48330
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06
IRS990/PYOtherExpensesAmt01841646
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02076676
IRS990/PYRevenuesLessExpensesAmt0-85318
IRS990/PYSalariesCompEmpBnftPaidAmt0320354
IRS990/PYTotalExpensesAmt02162000
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02076682
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-200835
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02163353
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0441601
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0504495
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt063900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt063900
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019582
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019735
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02167353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02076676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01960112
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01838485
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01798760
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09841386
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019582
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019735
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99800
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt09905286
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02167353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02076676
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02024012
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01838485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01798760
IRS990ScheduleA/Total509Grp/TotalAmt09905286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02186935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02076682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02024049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01838522
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01798833
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09925021
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05301043
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013098479
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018399522
IRS990ScheduleD/EquipmentGrp/BookValueAmt024668
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0307061
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0331729
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02387770
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt0560630
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0560630
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0113980
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1239249
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED RENTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04319
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038533
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0110896
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02186935
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740 TEXT OF FINANCIAL STATEMENTS FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS: THE COMPANY FOLLOWS THE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED UPON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ITS ULTIMATE SETTLEMENT. THE INCOME TAX POSITIONS TAKEN BY THE COMPANY FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE (1) THAT THE COMPANY CONTINUES TO BE EXEMPT FROM INCOME TAXES AND (2) THAT THE COMPANY DOES NOT HAVE UNRELATED BUSINESS INCOME THAT WOULD BE SUBJECT TO INCOME TAXES. MANAGEMENT BELIEVES THESE TAX POSITIONS MEET THE MORE-LIKELY-THAN-NOT THRESHOLD AND, ACCORDINGLY, THE TAX BENEFITS OF THESE INCOME TAX POSITIONS (NO INCOME TAX EXPENSE OR LIABILITY) HAVE BEEN RECOGNIZED FOR THE YEARS ENDED ON OR BEFORE DECEMBER 31, 2021. THE COMPANY BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE OR DECREASE UNRECOGNIZED TAX BENEFITS WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE COMPANY'S FEDERAL OR STATE INCOME TAX RETURNS IS CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05890660
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0353229
IRS990ScheduleD/TotalExpensesPerForm990Amt02387770
IRS990ScheduleD/TotalLiabilityAmt0110896
IRS990ScheduleD/TotalRevenuePerForm990Amt02186935
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02186935
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02387770
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DELEGATION OF MANAGEMENT DUTIES: RENTAL OPERATIONS ARE MANAGED FOR THE ORGANIZATION BY UNITED REALTY MANAGEMENT CORPORATION. THE BOARD APPROVES AND CONTROLS THE BUDGET AND MONITORS THE OPERATIONS AND FINANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEW PROCEDURE: THE FORM 990 IS REVIEWED BY THE OFFICERS AND THE BOARD PRIOR TO FINALIZATION AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PUBLIC ACCESS TO ORGANIZATIONAL DOCUMENTS: GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06992966
IRS990/TotalAssetsEOYAmt06964225
IRS990/TotalAssetsGrp/BOYAmt06992966
IRS990/TotalAssetsGrp/EOYAmt06964225
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0661154
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01726616
IRS990/TotalFunctionalExpensesGrp/TotalAmt02387770
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011221547
IRS990/TotalLiabilitiesEOYAmt011159794
IRS990/TotalLiabilitiesGrp/BOYAmt011221547
IRS990/TotalLiabilitiesGrp/EOYAmt011159794
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4228581
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4195569
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01726616
IRS990/TotalProgramServiceRevenueAmt02167353
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019582
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02167353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02186935
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06992966
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06964225
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 NOTT TERRACE
IRS990/USAddress/CityNm0SCHENECTADY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012308

Document Assets

No mirrored PDF or thumbnail assets are attached yet.