Civic Intelligence

The Meadows at Middle Settlement

990 • Fiscal year 2019 • EIN 16-1009798

Apr 01, 2018 to Mar 31, 2019 • Filed on Feb 17, 2020

PO Box 307New Hartford, NY 13413

(315) 235-7120

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

94th percentile

$270,861

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 67.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

34th percentile

-1.2%

Faster asset growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-81%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,256,552

Down $27,910 (-1.2%) from 2018

Net Assets

Down

$2,175,750

Down $23,677 (-1.1%) from 2018

Liabilities

Down

$80,802

Down $4,233 (-5.0%) from 2018

Revenue

Down

$400,055

Down $1,762,340 (-81%) from 2018

Expenses

Down

$483,853

Down $211,425 (-30%) from 2018

Net Income

Down

-$83,798

Down $1,550,915 (-106%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,162,772Liabilities 2011: $1,027,855Net Assets 2011: $2,134,9172011Assets 2012: $3,126,314Liabilities 2012: $823,916Net Assets 2012: $2,302,3982012Assets 2013: $3,126,580Liabilities 2013: $605,097Net Assets 2013: $2,521,4832013Assets 2014: $3,143,386Liabilities 2014: $366,431Net Assets 2014: $2,776,9552014Assets 2015: $3,087,736Liabilities 2015: $154,993Net Assets 2015: $2,932,7432015Assets 2016: $2,861,799Liabilities 2016: $101,101Net Assets 2016: $2,760,6982016Assets 2017: $3,582,001Liabilities 2017: $124,443Net Assets 2017: $3,457,5582017Assets 2018: $2,284,462Liabilities 2018: $85,035Net Assets 2018: $2,199,4272018Assets 2019: $2,256,552Liabilities 2019: $80,802Net Assets 2019: $2,175,7502019Assets 2020: $84,081Liabilities 2020: $0Net Assets 2020: $84,0812020Assets 2021: $82,245Liabilities 2021: $0Net Assets 2021: $82,2452021Assets 2022: $78,569Liabilities 2022: $0Net Assets 2022: $78,5692022

Highlighted filing

2019

Assets$2,256,552
Liabilities$80,802
Net Assets$2,175,750

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $916,5302011Expenses 2012: $865,2952012Expenses 2013: $826,9132013Revenue 2014: $1,252,120Expenses 2014: $996,873Net Income 2014: $255,2472014Revenue 2015: $982,089Expenses 2015: $826,664Net Income 2015: $155,4252015Revenue 2016: $1,104,081Expenses 2016: $811,126Net Income 2016: $292,9552016Revenue 2017: $995,193Expenses 2017: $763,333Net Income 2017: $231,8602017Revenue 2018: $2,162,395Expenses 2018: $695,278Net Income 2018: $1,467,1172018Revenue 2019: $400,055Expenses 2019: $483,853Net Income 2019: -$83,7982019Revenue 2020: $771,418Expenses 2020: $282,961Net Income 2020: $488,4572020Revenue 2021: $0Expenses 2021: $1,836Net Income 2021: -$1,8362021Revenue 2022: $0Expenses 2022: $3,676Net Income 2022: -$3,6762022

Highlighted filing

2019

Revenue$400,055
Expenses$483,853
Net Income-$83,798
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Feb 17, 2020
Return Version
2018v3.1
Gross Receipts
$400,055
Mission and Program Overview

Mission

The organization provides low income housing for the elderly while promoting independence in a dignified manner.

The organization provides low income housing for the elderly while promoting independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$374,824$370,289▼ $4,535
Cash and Non-Interest-Bearing Accounts$247,844$207,712▼ $40,132
Accounts Receivable$7,987$42,211▲ $34,224
Prepaid Expenses and Deferred Charges$7,357$9,738▲ $2,381
Total Assets$2,284,462$2,256,552▼ $27,910
Other Assets Total$1,646,450$1,626,602▼ $19,848
Liabilities
Accounts Payable and Accrued Expenses$49,142$64,377▲ $15,235
Other Liabilities$35,704$16,364▼ $19,340
Deferred Revenue$189$61▼ $128
Total Liabilities$85,035$80,802▼ $4,233
Net Assets / Fund Balance
Unrestricted Net Assets$2,199,427$2,175,750▼ $23,677
Total Net Assets Fund Balance$2,199,427$2,175,750▼ $23,677
Total Liabilities and Net Assets / Fund Balance$2,284,462$2,256,552▼ $27,910

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$66,323$1,113,329$1,179,652
Buildings$202,351$859,436$1,061,787
Equipment$55,171$360,391$415,562
Land$38,500-$38,500
Other Land Buildings$7,944$17,523$25,467
Other Assets Org$1,468,153--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Roxanne CotterCFO$126,772$126,772

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$392,056
Investment Income
$0
Other Revenue
$7,999
Change in Net Assets
$-83,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$400,055
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$400,055
Total Revenue per Form 990
$400,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$417,569
Salaries, Compensation, and Employee Benefits$66,284
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$212,380--$212,380
Depreciation Depletion$64,657--$64,657
Other Salaries and Wages-$59,213-$59,213
Fees for Services Management-$29,496-$29,496
Insurance$28,965--$28,965
Other Expenses$40,140$13,337-$13,337
Office Expenses-$13,275-$13,275
Fees for Services Accounting-$9,200-$9,200
Payroll Taxes-$7,071-$7,071
Fees for Services Other-$6,119-$6,119
Total Functional Expenses$346,142$137,711$0$483,853

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$483,853
Total Expenses per Audited Statements$483,853
Total Expenses per Form 990$483,853
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
Tenant Security Deposits$16,364
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Part VI, Section B, Line 11B

Line 11a explanation - the finance committee reviews the form 990 prior to submission.

Form 990, Part VI, Section B, Line 12C

The board members complete conflict of interest statements annually. If a conflict is noted, the non-interested members vote on how to proceed with the situation at that time.

Form 990, Part VI, Section B, Line 15

The ceo uses industry and competitive surveys to establish the compensation for all other officers and key employees annually. The parent board performs an annual review & uses industry & competitive surveys to establish compensation for the ceo.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are available upon request at the organization's address. The 990 is also available on the internet at guidestar and nys charities bureau web sites.

Filing and Contact Details

Filer

Filer Name
The Meadows at Middle Settlement
EIN
16-1009798
Phone
3152357120
Address
PO BOX 307, NEW HARTFORD, NY 13413

Signing Officer

Name
Michael Sweeney
Title
CEO
Phone
3152357120
Signed
2020-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Sweeney
Formed
1970
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Bonadio & Co Llp
Address
7936 SENECA TURNPIKE, CLINTON, NY 13323
Preparer
Richard Zweifel
Phone
3157977781
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0212380
IRS990/OccupancyGrp/TotalAmt0212380
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013275
IRS990/OfficeExpensesGrp/TotalAmt013275
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01646450
IRS990/OtherAssetsTotalGrp/EOYAmt01626602
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1ADMIN EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013337
IRS990/OtherExpensesGrp/ProgramServicesAmt040140
IRS990/OtherExpensesGrp/TotalAmt040140
IRS990/OtherExpensesGrp/TotalAmt113337
IRS990/OtherLiabilitiesGrp/BOYAmt035704
IRS990/OtherLiabilitiesGrp/EOYAmt016364
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07044
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1955
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07044
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1955
IRS990/OtherRevenueTotalAmt07999
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059213
IRS990/OtherSalariesAndWagesGrp/TotalAmt059213
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07071
IRS990/PayrollTaxesGrp/TotalAmt07071
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07357
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09738
IRS990/PrincipalOfficerNm0MICHAEL SWEENEY
IRS990/PriorPeriodAdjustmentsAmt060121
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0392056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0392056
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01435835
IRS990/PYOtherExpensesAmt0669396
IRS990/PYOtherRevenueAmt053508
IRS990/PYProgramServiceRevenueAmt0673052
IRS990/PYRevenuesLessExpensesAmt01467117
IRS990/PYSalariesCompEmpBnftPaidAmt025882
IRS990/PYTotalExpensesAmt0695278
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02162395
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-83798
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0393011
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0555
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0393003
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0676560
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0995193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01104081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0982869
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04151706
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0555
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.95950
IRS990ScheduleA/PublicSupportTotal509Amt04151706
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0393003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0676560
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0995193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01104081
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0982869
IRS990ScheduleA/Total509Grp/TotalAmt04151706
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0393003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0676560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0995193
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01104081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0983424
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04152261
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0202351
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0859436
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01061787
IRS990ScheduleD/EquipmentGrp/BookValueAmt055171
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0360391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0415562
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0483853
IRS990ScheduleD/LandGrp/BookValueAmt038500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt066323
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01113329
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01179652
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0142085
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt116364
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21468153
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE GROUP
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07944
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017523
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0400055
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0370289
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01626602
IRS990ScheduleD/TotalExpensesPerForm990Amt0483853
IRS990ScheduleD/TotalLiabilityAmt016364
IRS990ScheduleD/TotalRevenuePerForm990Amt0400055
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0400055
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0483853
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0243761
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.77$0.28$0.49
2019Detailed filing. Detailed filing data is available for this year.$2.26$0.08$2.18$0.40$0.48$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.09$2.20$2.16$0.70$1.47
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.12$3.46$1.00$0.76$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.86$0.10$2.76$1.10$0.81$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.09$0.15$2.93$0.98$0.83$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.14$0.37$2.78$1.25$1.00$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.61$2.52$0.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.82$2.30$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$1.03$2.13$0.92