Civic Intelligence

Chenango Housing Improvement Program Inc.

990 • Fiscal year 2017 • EIN 16-1079046

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 01, 2018

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

92nd percentile

1.04x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.05x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

64th percentile

8.7%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

57th percentile

$75,292

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

45th percentile

1.6%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-3.7%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$2,138,274

Up $33,094 (+1.6%) from 2016

Net Assets

Up

-$93,988

Up $95,350 (+50%) from 2016

Liabilities

Down

$2,232,262

Down $62,256 (-2.7%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin64th percentile

Revenue

Down

$1,091,455

Down $42,369 (-3.7%) from 2016

Expenses

Down

$996,105

Down $134,722 (-12%) from 2016

Net Income

Up

$95,350

Up $92,353 (+3082%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2017

Assets$2,138,274
Liabilities$2,232,262
Net Assets-$93,988
Open 2017 Filing

Operations Trend

Revenue Growth29th 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

2017

Revenue$1,091,455
Expenses$996,105
Net Income$95,350
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 1, 2018
Return Version
2017v2.2
Gross Receipts
$1,122,374
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$1,557,028$1,563,497▲ $6,469
Savings and Temporary Cash Investments$326,215$289,373▼ $36,842
Cash and Non-Interest-Bearing Accounts$74,873$110,881▲ $36,008
Prepaid Expenses and Deferred Charges$14,384$18,958▲ $4,574
Accounts Receivable$126,986$4,346▼ $122,640
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$2,105,180$2,138,274▲ $33,094
Other Assets Total$5,694$151,219▲ $145,525
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,236,564$2,173,114▼ $63,450
Other Liabilities$37,505$40,621▲ $3,116
Accounts Payable and Accrued Expenses$20,449$18,527▼ $1,922
Total Liabilities$2,294,518$2,232,262▼ $62,256
Net Assets / Fund Balance
Unrestricted Net Assets$-189,338$-93,988▲ $95,350
Total Net Assets Fund Balance$-189,338$-93,988▲ $95,350
Total Liabilities and Net Assets / Fund Balance$2,105,180$2,138,274▲ $33,094

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,227,640$3,654,023$4,881,663
Other Land Buildings$93,191$267,161$360,352
Equipment$83,396$146,705$230,101
Land$158,777-$158,777
Leasehold Improvements$493$70,534$71,027
Other Assets Org$-2,708--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Wayne PatafioExe DirectorFT$75,292$75,292
Rose M OliverAsst DirectorFT$58,438$58,438

Board Members and Trustees

NameTitle
Richard RifanburgPresident
James DoigVice President
Brian WesselsDirector
Liz CaldwellDirector
Judith Wingate-wadeSecretary
Mary Ann ScheerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,177
Program Service Revenue
$673,550
Investment Income
$47,768
Other Revenue
$147,960
Change in Net Assets
$95,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$704,792
Salaries, Compensation, and Employee Benefits$291,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$187,169$270-$187,439
Depreciation Depletion$143,901$6,668-$150,569
Current Officers, Directors, Trustees, and Key Employees-$133,730-$133,730
Payroll Taxes$17,977$65,853-$83,830
Other Salaries and Wages$73,753--$73,753
Insurance$54,493$4,211-$58,704
Office Expenses-$20,464-$20,464
Fees for Services Accounting$9,930$8,885-$18,815
Other Expenses$6,049$8,387-$14,436
All Other Expenses$10,841$702-$11,543
Travel-$226-$226
Advertising$117--$117
Total Functional Expenses$744,554$251,551$0$996,105
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$40,621
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“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, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“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, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“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, Line 19: Other Organization Documents Publicly Available

“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
Wayne Patafio
Title
Exe Director
Signed
2018-03-01
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
7
Employees
20
Volunteers
7

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.”

Raw XML AppendixShowing 400 of 562 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020449
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018527
IRS990/AccountsReceivableGrp/BOYAmt0126986
IRS990/AccountsReceivableGrp/EOYAmt04346
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S MISSION IS TO CREATE, PROVIDE, AND MAINTAIN HOUSING FOR ELDERLY AND LOW INCOME FAMILIES.
IRS990/AdvertisingGrp/ProgramServicesAmt0117
IRS990/AdvertisingGrp/TotalAmt0117
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0702
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010841
IRS990/AllOtherExpensesGrp/TotalAmt011543
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Rose oliver
IRS990/BooksInCareOfDetail/PhoneNum06073343867
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt027 W MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0norwich
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013815
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt074873
IRS990/CashNonInterestBearingGrp/EOYAmt0110881
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0133730
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0133730
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0222177
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt047768
IRS990/CYOtherExpensesAmt0704792
IRS990/CYOtherRevenueAmt0147960
IRS990/CYProgramServiceRevenueAmt0673550
IRS990/CYRevenuesLessExpensesAmt095350
IRS990/CYSalariesCompEmpBnftPaidAmt0291313
IRS990/CYTotalExpensesAmt0996105
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01091455
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06668
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0143901
IRS990/DepreciationDepletionGrp/TotalAmt0150569
IRS990/Desc0TO PROVIDE HOUSING TO ELDERLY OR LOW-INCOME FAMILIES. MULTIPLE FAMILY UNITS WERE AVAILABLE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0744554
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08885
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09930
IRS990/FeesForServicesAccountingGrp/TotalAmt018815
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
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/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES DOIG
IRS990/Form990PartVIISectionAGrp/PersonNm1LIZ CALDWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN WESSELS
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD RIFANBURG
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY ANN SCHEER
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDITH WINGATE-WADE
IRS990/Form990PartVIISectionAGrp/PersonNm6ROSE M OLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm7WAYNE PATAFIO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt658438
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt775292
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASST DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7Exe Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt041581
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0222177
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt072500
IRS990/GrossReceiptsAmt01122374
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt04211
IRS990/InsuranceGrp/ProgramServicesAmt054493
IRS990/InsuranceGrp/TotalAmt058704
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0270
IRS990/InterestGrp/ProgramServicesAmt0187169
IRS990/InterestGrp/TotalAmt0187439
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06187
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06187
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04138423
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01557028
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01563497
IRS990/LandBldgEquipCostOrOtherBssAmt05701920
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt030919
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO CREATE, PROVIDE, AND MAINTAIN HOUSING FOR ELDERLY AND LOW INCOME FAMILIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02236564
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02173114
IRS990/NetAssetsOrFundBalancesBOYAmt0-189338
IRS990/NetAssetsOrFundBalancesEOYAmt0-93988
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt041581
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt041581
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020464
IRS990/OfficeExpensesGrp/TotalAmt020464
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt05694
IRS990/OtherAssetsTotalGrp/EOYAmt0151219
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1SUPPLIES & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02155
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18387
IRS990/OtherExpensesGrp/ProgramServicesAmt0107457
IRS990/OtherExpensesGrp/ProgramServicesAmt185933
IRS990/OtherExpensesGrp/ProgramServicesAmt246934
IRS990/OtherExpensesGrp/ProgramServicesAmt36049
IRS990/OtherExpensesGrp/TotalAmt0107457
IRS990/OtherExpensesGrp/TotalAmt185933
IRS990/OtherExpensesGrp/TotalAmt249089
IRS990/OtherExpensesGrp/TotalAmt314436
IRS990/OtherLiabilitiesGrp/BOYAmt037505
IRS990/OtherLiabilitiesGrp/EOYAmt040621
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0129114
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt118846
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0129114
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt118846
IRS990/OtherRevenueTotalAmt0147960
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt073753
IRS990/OtherSalariesAndWagesGrp/TotalAmt073753
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt065853
IRS990/PayrollTaxesGrp/ProgramServicesAmt017977
IRS990/PayrollTaxesGrp/TotalAmt083830
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014384
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018958
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FED & STATE RENT SUBSIDIE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0280240
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1393310
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0280240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1393310
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0143053
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt095456
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0803632
IRS990/PYOtherRevenueAmt0145486
IRS990/PYProgramServiceRevenueAmt0749829
IRS990/PYRevenuesLessExpensesAmt02997
IRS990/PYSalariesCompEmpBnftPaidAmt0327195
IRS990/PYTotalExpensesAmt01130827
IRS990/PYTotalRevenueAmt01133824
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt095350
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0673550
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0326215
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0289373
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/CurrentTaxYearAmt079124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0143053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0233300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0143053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0143053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0741583
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0102
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt093
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt091
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0597
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02169402
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0147960
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0145486
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0142140
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0161638
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0166074
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0763298
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49260
IRS990ScheduleA/PublicSupportPY170Pct00.50240
IRS990ScheduleA/PublicSupportTotal170Amt0741583
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0143053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0233300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0143053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0143053
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0741583
IRS990ScheduleA/TotalSupportAmt01505478
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01227640
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03654023
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04881663
IRS990ScheduleD/EquipmentGrp/BookValueAmt083396
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0146705
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0230101
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0158777
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0158777
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0493
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt070534
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt071027
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt022017
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1131910
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2-2708
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ADVANCE PAYMENTS ON PROJECTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE DDUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT IN LPS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt093191
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0267161
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0360352
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040621
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/TotalBookValueLandBuildingsAmt01563497
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0151219
IRS990ScheduleD/TotalLiabilityAmt040621
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, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0161462265
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,138,274
Liabilities
$2,232,262
Net assets
-$93,988
Revenue
$1,091,455
Expenses
$996,105
Net income
$95,350
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
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$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
2017Detailed filing. Detailed filing data is available for this year.$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