Civic Intelligence

Chenango Housing Improvement Program Inc.

990 • Fiscal year 2022 • EIN 16-1079046

Jan 01, 2022 to Dec 31, 2022 • Filed on May 01, 2023

Organization ProfileN/A
27 W Main StreetNorwich, NY 13815

(607) 334-3867

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.93x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

2.00x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

31st percentile

-2.1%

Higher net margin than 31% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

59th percentile

$78,763

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

34th percentile

-3.4%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

0.0%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$2,049,859

Down $72,948 (-3.4%) from 2021

Net Assets

Down

$136,172

Down $20,138 (-13%) from 2021

Liabilities

Down

$1,913,687

Down $52,810 (-2.7%) from 2021

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin31st percentile

Revenue

Up

$959,002

Up $319 (+0.0%) from 2021

Expenses

Up

$979,140

Up $61,444 (+6.7%) from 2021

Net Income

Down

-$20,138

Down $61,125 (-149%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,208,496Liabilities 2011: $2,304,442Net Assets 2011: -$95,9462011Assets 2012: $2,114,782Liabilities 2012: $2,191,138Net Assets 2012: -$76,3562012Assets 2013: $2,025,487Liabilities 2013: $2,147,473Net Assets 2013: -$121,9862013Assets 2014: $2,387,404Liabilities 2014: $2,600,575Net Assets 2014: -$213,1712014Assets 2015: $2,332,794Liabilities 2015: $2,525,129Net Assets 2015: -$192,3352015Assets 2016: $2,105,180Liabilities 2016: $2,294,518Net Assets 2016: -$189,3382016Assets 2017: $2,138,274Liabilities 2017: $2,232,262Net Assets 2017: -$93,9882017Assets 2018: $2,117,718Liabilities 2018: $2,171,907Net Assets 2018: -$54,1892018Assets 2019: $2,162,623Liabilities 2019: $2,133,064Net Assets 2019: $29,5592019Assets 2020: $2,155,003Liabilities 2020: $2,039,680Net Assets 2020: $115,3232020Assets 2021: $2,122,807Liabilities 2021: $1,966,497Net Assets 2021: $156,3102021Assets 2022: $2,049,859Liabilities 2022: $1,913,687Net Assets 2022: $136,1722022Assets 2023: $2,060,956Liabilities 2023: $1,884,683Net Assets 2023: $176,2732023Assets 2024: $2,033,687Liabilities 2024: $1,816,312Net Assets 2024: $217,3752024

Highlighted filing

2022

Assets$2,049,859
Liabilities$1,913,687
Net Assets$136,172
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $964,165Expenses 2011: $1,005,008Net Income 2011: -$40,8432011Revenue 2012: $1,019,473Expenses 2012: $999,883Net Income 2012: $19,5902012Revenue 2013: $990,386Expenses 2013: $1,036,016Net Income 2013: -$45,6302013Revenue 2014: $1,012,679Expenses 2014: $1,103,864Net Income 2014: -$91,1852014Revenue 2015: $1,177,282Expenses 2015: $1,156,446Net Income 2015: $20,8362015Revenue 2016: $1,133,824Expenses 2016: $1,130,827Net Income 2016: $2,9972016Revenue 2017: $1,091,455Expenses 2017: $996,105Net Income 2017: $95,3502017Revenue 2018: $945,006Expenses 2018: $952,536Net Income 2018: -$7,5302018Revenue 2019: $1,023,781Expenses 2019: $940,033Net Income 2019: $83,7482019Revenue 2020: $1,025,115Expenses 2020: $939,351Net Income 2020: $85,7642020Revenue 2021: $958,683Expenses 2021: $917,696Net Income 2021: $40,9872021Revenue 2022: $959,002Expenses 2022: $979,140Net Income 2022: -$20,1382022Revenue 2023: $1,012,919Expenses 2023: $972,090Net Income 2023: $40,8292023Revenue 2024: $1,064,970Expenses 2024: $1,023,868Net Income 2024: $41,1022024

Highlighted filing

2022

Revenue$959,002
Expenses$979,140
Net Income-$20,138
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$959,002
Mission and Program Overview

Mission

The organization's mission is to create, provide, and maintain housing for elderly and low income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,437,868$1,365,959▼ $71,909
Savings and Temporary Cash Investments$275,731$275,863▲ $132
Cash and Non-Interest-Bearing Accounts$236,102$221,349▼ $14,753
Prepaid Expenses and Deferred Charges$18,400$21,327▲ $2,927
Accounts Receivable$8,659$19,314▲ $10,655
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,122,807$2,049,859▼ $72,948
Other Assets Total$146,047$146,047→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,913,851$1,851,555▼ $62,296
Other Liabilities$40,482$39,384▼ $1,098
Accounts Payable and Accrued Expenses$12,164$22,748▲ $10,584
Total Liabilities$1,966,497$1,913,687▼ $52,810
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$156,310$136,172▼ $20,138
Total Net Assets Fund Balance$156,310$136,172▼ $20,138
Total Liabilities and Net Assets / Fund Balance$2,122,807$2,049,859▼ $72,948

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,365,959$4,607,242$5,973,201
Other Assets Org$5,211--
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rose M OliverExecutive DirectorFT$78,763$78,763

Board Members and Trustees

NameTitle
Richard RifanburgPresident
James DoigDirector
Kim MccarthyDirector
Mary Ann ScheerDirector
Nicole RossDirector
Tiffani GagerDirector
Judith Wingate-wadeSecretary
Ted EllingsenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$143,053
Program Service Revenue
$678,667
Investment Income
$144
Other Revenue
$137,138
Change in Net Assets
$-20,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$698,464
Salaries, Compensation, and Employee Benefits$280,676
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$165,773--$165,773
Other Salaries and Wages$100,622$32,578-$133,200
Depreciation Depletion$120,107$9,360-$129,467
Insurance$91,558$177-$91,735
Current Officers, Directors, Trustees, and Key Employees-$78,763-$78,763
Other Employee Benefits$5,368$40,910-$46,278
Payroll Taxes$11,536$10,899-$22,435
Other Expenses$6,994$6,928-$13,922
Office Expenses$8,404$5,154-$13,558
Fees for Services Other$7,026$3,434-$10,460
All Other Expenses$9,141$1,110-$10,251
Travel-$1,270-$1,270
Advertising$472$646-$1,118
Total Functional Expenses$785,589$193,551$0$979,140
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$39,384
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 will be presented to the board at a meeting and they will review it and approve it for filing.”

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

“Each year the members of the board and management fills out new conflict of interest questionnaires and these are kept on file in the policy manual.”

Form 990, Part VI, Section B, Line 15B

“Finance/Audit committee meets during the last quarter of the year to review upcoming budgets and reviews financial situation to determine fund availability for raises. The finance/audit committee then meets with the personnel committee and advises them on the financial situation. The personnel committee then reviews the Executive Director's performance based on beginning of year goals and year end achievements, based on this review they recommend a salary increase to the full board and the board votes on the salary increase.”

Form 990, Part VI, Section C, Line 19

“Anyone interested in obtaining a copy of the organization governing documents, conflict of interest policy, and financial statements may request a copy at their main office in norwich.”

Filing and Contact Details

Filer

Filer Name
Chenango Housing Improvement Prgm Inc
EIN
16-1079046
Phone
6073343867
Address
27 W MAIN STREET, NORWICH, NY 13815

Signing Officer

Name
Rose M Oliver
Title
Executive Director
Signed
2023-05-01
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
6

Preparer

Firm
Mostert Manzanero & Scott LLP
Address
4 Associate Dr, Oneonta, NY 13820
Preparer
Anthony T Manzanero
Phone
6074328700
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“It has been determined that the Organization and affiliates; Key Housing Development Corp. and Chenango Housing Development Fund Corp., are exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Oxford Community Apartments, Inc. (a for-profit Corporation) generated operating losses in 2012 and 2011, accordingly, no provision for federal income tax has been accrued in these financial statements.The Organization reviews the components of revenues, gains, and other support and analyzes whether the position that the organization takes with regard to a particular item of income would meet the definition of an uncertain tax position under GAAP.The Organization files information returns in the U.S. federal and New York State jurisdiction. The tax years that remain subject to examination are generally the previous three years.”

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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0156310
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IRS990/OccupancyGrp/TotalAmt00
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IRS990/OfficeExpensesGrp/ProgramServicesAmt08404
IRS990/OfficeExpensesGrp/TotalAmt013558
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt040910
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt046278
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1SUPPLIES & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02322
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16928
IRS990/OtherExpensesGrp/ProgramServicesAmt0135752
IRS990/OtherExpensesGrp/ProgramServicesAmt175528
IRS990/OtherExpensesGrp/ProgramServicesAmt247308
IRS990/OtherExpensesGrp/ProgramServicesAmt36994
IRS990/OtherExpensesGrp/TotalAmt0135752
IRS990/OtherExpensesGrp/TotalAmt175528
IRS990/OtherExpensesGrp/TotalAmt249630
IRS990/OtherExpensesGrp/TotalAmt313922
IRS990/OtherLiabilitiesGrp/BOYAmt040482
IRS990/OtherLiabilitiesGrp/EOYAmt039384
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0120109
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt117029
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0120109
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt117029
IRS990/OtherRevenueTotalAmt0137138
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032578
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0100622
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133200
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010899
IRS990/PayrollTaxesGrp/ProgramServicesAmt011536
IRS990/PayrollTaxesGrp/TotalAmt022435
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018400
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021327
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FED & STATE RENT SUBSIDIE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0286339
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1392328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0286339
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1392328
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0204951
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0175
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0661428
IRS990/PYOtherRevenueAmt098258
IRS990/PYProgramServiceRevenueAmt0655299
IRS990/PYRevenuesLessExpensesAmt040987
IRS990/PYSalariesCompEmpBnftPaidAmt0256268
IRS990/PYTotalExpensesAmt0917696
IRS990/PYTotalRevenueAmt0958683
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-20138
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0678667
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0275731
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0275863
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Developmental fees are fees received from other organization for the help to set up another organization like this one.Laundry is money received from the on site coin operated laundry machines.Management fees are fees received from Rural Development for the administration operation of the programs.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Other Income Explanation
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0143053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0204951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0243053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0199287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0143053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0933397
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0175
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0182
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0208
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0213
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0922
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03370241
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt098258
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0111407
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0147893
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0112331
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0607027
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60560
IRS990ScheduleA/PublicSupportPY170Pct00.62070
IRS990ScheduleA/PublicSupportTotal170Amt0933397
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0143053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0204951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0243053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0199287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0143053
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0933397
IRS990ScheduleA/TotalSupportAmt01541346
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt017926
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1122910
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25211
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ADVANCE PAYMENTS ON PROJECTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT IN OXFORD, INC
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01365959
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04607242
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05973201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt039384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0It has been determined that the Organization and affiliates; Key Housing Development Corp. and Chenango Housing Development Fund Corp., are exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Oxford Community Apartments, Inc. (a for-profit Corporation) generated operating losses in 2012 and 2011, accordingly, no provision for federal income tax has been accrued in these financial statements.The Organization reviews the components of revenues, gains, and other support and analyzes whether the position that the organization takes with regard to a particular item of income would meet the definition of an uncertain tax position under GAAP.The Organization files information returns in the U.S. federal and New York State jurisdiction. The tax years that remain subject to examination are generally the previous three years.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01365959
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0146047
IRS990ScheduleD/TotalLiabilityAmt039384
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 will be presented to the board at a meeting and they will review it and approve it for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each year the members of the board and management fills out new conflict of interest questionnaires and these are kept on file in the policy manual.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Finance/Audit committee meets during the last quarter of the year to review upcoming budgets and reviews financial situation to determine fund availability for raises. The finance/audit committee then meets with the personnel committee and advises them on the financial situation. The personnel committee then reviews the Executive Director's performance based on beginning of year goals and year end achievements, based on this review they recommend a salary increase to the full board and the board votes on the salary increase.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANYONE INTERESTED IN OBTAINING A COPY OF THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY REQUEST A COPY AT THEIR MAIN OFFICE IN NORWICH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,049,859
Liabilities
$1,913,687
Net assets
$136,172
Revenue
$959,002
Expenses
$979,140
Net income
-$20,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$1.82$0.22$1.06$1.02$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$1.88$0.18$1.01$0.97$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.05$1.91$0.14$0.96$0.98$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$1.97$0.16$0.96$0.92$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$2.04$0.12$1.03$0.94$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$2.13$0.03$1.02$0.94$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$2.17$0.05$0.95$0.95$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$2.23$0.09$1.09$1.00$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$2.29$0.19$1.13$1.13$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.33$2.53$0.19$1.18$1.16$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.39$2.60$0.21$1.01$1.10$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.03$2.15$0.12$0.99$1.04$0.05
2012Summary only. Only limited summary data is available for this year.$2.11$2.19$0.08$1.02$1.00$0.02
2011Summary only. Only limited summary data is available for this year.$2.21$2.30$0.10$0.96$1.01$0.04
Peer Organizations

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