Civic Intelligence

Stoneleigh Housing Inc.

990 • Fiscal year 2020 • EIN 16-1132971

Sep 01, 2019 to Aug 31, 2020 • Filed on Jun 21, 2021

120 E Center StreetCanastota, NY 13032

(315) 697-3700

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.16x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

29th percentile

0.28x

Higher debt load relative to revenue than 29% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

61st percentile

1.2%

Higher net margin than 61% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

63rd percentile

$96,309

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 15.6% of source-year revenue.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

79th percentile

5.0%

Faster asset growth than 79% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-23%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,100,095

Up $52,209 (+5.0%) from 2019

Net Assets

Up

$925,926

Up $7,693 (+0.8%) from 2019

Liabilities

Up

$174,169

Up $44,516 (+34%) from 2019

Revenue

Down

$618,403

Down $185,074 (-23%) from 2019

Expenses

Down

$610,710

Down $133,947 (-18%) from 2019

Net Income

Down

$7,693

Down $51,127 (-87%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,076,798Liabilities 2011: $338,789Net Assets 2011: $738,0092011Assets 2012: $898,739Liabilities 2012: $78,795Net Assets 2012: $819,9442012Assets 2013: $789,333Liabilities 2013: $34,380Net Assets 2013: $754,9532013Assets 2014: $798,507Liabilities 2014: $81,305Net Assets 2014: $717,2022014Assets 2015: $791,840Liabilities 2015: $98,993Net Assets 2015: $692,8472015Assets 2016: $907,824Liabilities 2016: $122,874Net Assets 2016: $784,9502016Assets 2017: $957,447Liabilities 2017: $79,370Net Assets 2017: $878,0772017Assets 2018: $986,748Liabilities 2018: $127,335Net Assets 2018: $859,4132018Assets 2019: $1,047,886Liabilities 2019: $129,653Net Assets 2019: $918,2332019Assets 2020: $1,100,095Liabilities 2020: $174,169Net Assets 2020: $925,9262020Assets 2021: $1,255,218Liabilities 2021: $215,706Net Assets 2021: $1,039,5122021Assets 2022: $1,405,645Liabilities 2022: $74,141Net Assets 2022: $1,331,5042022Assets 2023: $1,612,548Liabilities 2023: $197,920Net Assets 2023: $1,414,6282023Assets 2024: $1,753,088Liabilities 2024: $256,418Net Assets 2024: $1,496,6702024Assets 2025: $1,705,971Liabilities 2025: $289,663Net Assets 2025: $1,416,3082025

Highlighted filing

2020

Assets$1,100,095
Liabilities$174,169
Net Assets$925,926

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,418,0902011Expenses 2012: $1,267,8362012Expenses 2013: $678,4602013Revenue 2014: $485,154Expenses 2014: $522,905Net Income 2014: -$37,7512014Revenue 2015: $586,001Expenses 2015: $610,356Net Income 2015: -$24,3552015Revenue 2016: $776,838Expenses 2016: $684,735Net Income 2016: $92,1032016Revenue 2017: $916,817Expenses 2017: $823,690Net Income 2017: $93,1272017Revenue 2018: $679,165Expenses 2018: $697,829Net Income 2018: -$18,6642018Revenue 2019: $803,477Expenses 2019: $744,657Net Income 2019: $58,8202019Revenue 2020: $618,403Expenses 2020: $610,710Net Income 2020: $7,6932020Revenue 2021: $979,437Expenses 2021: $848,469Net Income 2021: $130,9682021Revenue 2022: $1,280,066Expenses 2022: $1,106,360Net Income 2022: $173,7062022Revenue 2023: $1,678,909Expenses 2023: $1,595,785Net Income 2023: $83,1242023Revenue 2024: $1,370,560Expenses 2024: $1,288,518Net Income 2024: $82,0422024Revenue 2025: $1,139,972Expenses 2025: $1,220,334Net Income 2025: -$80,3622025

Highlighted filing

2020

Revenue$618,403
Expenses$610,710
Net Income$7,693
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jun 21, 2021
Return Version
2019v5.0
Gross Receipts
$618,403
Mission and Program Overview

Mission

Weatherization and other health and safety related improvements to homes of low income individuals in madison county, new york.

Weatherization and other health and safety related improv- ments to homes of low income individuals in madison county, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$573,048$574,678▲ $1,630
Cash and Non-Interest-Bearing Accounts$282,196$180,710▼ $101,486
Pledges and Grants Receivable$33,342$159,172▲ $125,830
Land, Buildings, and Equipment, Net$58,015$89,064▲ $31,049
Inventories for Sale or Use$21,008$16,016▼ $4,992
Prepaid Expenses and Deferred Charges$4,977$4,208▼ $769
Total Assets$1,047,886$1,100,095▲ $52,209
Other Assets Total$75,300$76,247▲ $947
Liabilities
Unsecured Notes Loans Payable-$68,845-
Deferred Revenue$85,044$61,563▼ $23,481
Accounts Payable and Accrued Expenses$44,609$43,761▼ $848
Total Liabilities$129,653$174,169▲ $44,516
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$918,233$925,926▲ $7,693
Total Net Assets Fund Balance$918,233$925,926▲ $7,693
Total Liabilities and Net Assets / Fund Balance$1,047,886$1,100,095▲ $52,209

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$89,064$322,984$412,048
Other Assets Org$76,247--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert NapoliExecutive DiFT$96,309$96,309

Board Members and Trustees

NameTitle
Michael FitzgeraldPresident
Julie HarneyDirector
O Perry Tooker IiiDirector
Sheri RousseauDirector
Theresa DavisDirector
Donna BonfardeciSec - Treasu
Joann McdermottVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$559,347
Program Service Revenue
$55,110
Investment Income
$3,946
Other Revenue
$0
Change in Net Assets
$7,693

Audited Revenue Reconciliation

Revenue per Audited Statements
$618,403
Total Revenue per Audited Statements
$618,403
Total Revenue per Form 990
$618,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$330,494
Other Expenses$280,216
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,796$144,177-$283,973
Payroll Taxes$14,831$10,315-$25,146
Insurance$16,298$6,675-$22,973
Fees for Services Other$12,050$10,735-$22,785
Other Employee Benefits$12,463$8,912-$21,375
Office Expenses$13,843$2,710-$16,553
Travel$10,320--$10,320
Depreciation Depletion$5,604$422-$6,026
Other Expenses$2,714$2,304-$5,018
All Other Expenses$3,895--$3,895
Total Functional Expenses$424,460$186,250$0$610,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$610,710
Total Expenses per Audited Statements$610,710
Total Expenses per Form 990$610,710
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Page 6, Part VI, Line 11B

A draft of the 990 is sent to the treasurer for approval. The officer reviews the 990 and addresses any questions. The 990 is then filed when all questions and concerns are answered and the form is believed to be complete and accurate.

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

The organization reviews the conflict of interest statements signed annually by all board members. If a conflict arises, the organization monitors the transaction to ensure it is conducted at arms lengh. The organization discourages this type of relationship and recommends an alternative situation if at all possible.

Form 990, Page 6, Part VI, Line 19

The organization makes available to the public upon request the following: governing documents, conflict of interest policy and annual financial statements.

Filing and Contact Details

Filer

Filer Name
Stoneleigh Housing Inc
EIN
16-1132971
Phone
3156973700
Address
120 E CENTER STREET, CANASTOTA, NY 13032

Signing Officer

Name
Robert Napoli
Title
Executive Director
Phone
3156973700
Signed
2021-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Fitzgerald
Formed
1983
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
12

Preparer

Firm
Gustafson & Wargo Cpas Llp
Address
3264 SENECA TURNPIKE, CANASTOTA, NY 13032
Preparer
T Charles Chambers CPA
Phone
3156972345
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0758775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0649377
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0717693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0675538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03360730
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03946
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05418
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0230
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019357
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0127386
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt055110
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt049102
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt023174
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0195975
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt070
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0323431
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90740
IRS990ScheduleA/PublicSupportPY170Pct00.92250
IRS990ScheduleA/PublicSupportTotal170Amt03360730
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0559347
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0758775
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0649377
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0717693
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0675538
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03360730
IRS990ScheduleA/TotalSupportAmt03703518
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt089064
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0322984
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0412048
IRS990ScheduleD/ExpensesSubtotalAmt0610710
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt076247
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE LOAN RECEIVABLE
IRS990ScheduleD/RevenueSubtotalAmt0618403
IRS990ScheduleD/TotalBookValueLandBuildingsAmt089064
IRS990ScheduleD/TotalBookValueOtherAssetsAmt076247
IRS990ScheduleD/TotalExpensesPerForm990Amt0610710
IRS990ScheduleD/TotalRevenuePerForm990Amt0618403
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0618403
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0610710
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE 990 IS SENT TO THE TREASURER FOR APPROVAL. THE OFFICER REVIEWS THE 990 AND ADDRESSES ANY QUESTIONS. THE 990 IS THEN FILED WHEN ALL QUESTIONS AND CONCERNS ARE ANSWERED AND THE FORM IS BELIEVED TO BE COMPLETE AND ACCURATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED ANNUALLY BY ALL BOARD MEMBERS. IF A CONFLICT ARISES, THE ORGANIZATION MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS LENGH. THE ORGANIZATION DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC UPON REQUEST THE FOLLOWING: GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND ANNUAL FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01047886
IRS990/TotalAssetsEOYAmt01100095
IRS990/TotalAssetsGrp/BOYAmt01047886
IRS990/TotalAssetsGrp/EOYAmt01100095
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0559347
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0186250
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0424460
IRS990/TotalFunctionalExpensesGrp/TotalAmt0610710
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0129653
IRS990/TotalLiabilitiesEOYAmt0174169
IRS990/TotalLiabilitiesGrp/BOYAmt0129653
IRS990/TotalLiabilitiesGrp/EOYAmt0174169
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0918233
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0925926
IRS990/TotalProgramServiceExpensesAmt0424460
IRS990/TotalProgramServiceRevenueAmt055110
IRS990/TotalReportableCompFromOrgAmt096309
IRS990/TotalRevenueGrp/ExclusionAmt03946
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055110
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0618403
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01047886
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01100095
IRS990/TravelGrp/ProgramServicesAmt010320
IRS990/TravelGrp/TotalAmt010320
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt068845
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.STONELEIGHHOUSING.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT NAPOLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03156973700
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STONELEIGH HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0STON
ReturnHeader/Filer/EIN0161132971
ReturnHeader/Filer/PhoneNum03156973700
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 E CENTER STREET
ReturnHeader/Filer/USAddress/CityNm0CANASTOTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013032
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161263579
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GUSTAFSON & WARGO CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03264 SENECA TURNPIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CANASTOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013032
ReturnHeader/PreparerPersonGrp/PhoneNum03156972345
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0T CHARLES CHAMBERS CPA
ReturnHeader/ReturnTs02021-07-19T08:34:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.71$0.29$1.42$1.14$1.22$0.08
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.26$1.50$1.37$1.29$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.20$1.41$1.68$1.60$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.07$1.33$1.28$1.11$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.22$1.04$0.98$0.85$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.17$0.93$0.62$0.61$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.13$0.92$0.80$0.74$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.13$0.86$0.68$0.70$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.08$0.88$0.92$0.82$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.12$0.78$0.78$0.68$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.10$0.69$0.59$0.61$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.08$0.72$0.49$0.52$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.03$0.75$0.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.08$0.82$1.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.34$0.74$1.42