Civic Intelligence

Oswego Housing Development Council Inc.

990 • Fiscal year 2017 • EIN 16-1164184

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 17, 2017

805 W BroadwayFulton, NY 13069

(315) 625-4520

Siviq Scores

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

Liabilities / Assets

71st percentile

0.45x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.25x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Net Margin

55th percentile

3.8%

Higher net margin than 55% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$43,961

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2017 filings • NTEE L • <$500k nonprofits • Source year 2017

Asset Growth

76th percentile

11%

Faster asset growth than 76% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

289%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • NTEE L • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$217,304

Up $22,173 (+11%) from 2016

Net Assets

Up

$120,133

Up $14,730 (+14%) from 2016

Liabilities

Up

$97,171

Up $7,443 (+8.3%) from 2016

Revenue

Up

$391,437

Up $290,881 (+289%) from 2016

Expenses

Up

$376,623

Up $286,063 (+316%) from 2016

Net Income

Up

$14,814

Up $4,818 (+48%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $429,177Liabilities 2011: $484,138Net Assets 2011: -$54,9612011Assets 2012: $291,972Liabilities 2012: $222,180Net Assets 2012: $69,7922012Assets 2013: $247,246Liabilities 2013: $128,621Net Assets 2013: $118,6252013Assets 2014: $224,900Liabilities 2014: $117,544Net Assets 2014: $107,3562014Assets 2015: $202,019Liabilities 2015: $106,612Net Assets 2015: $95,4072015Assets 2016: $195,131Liabilities 2016: $89,728Net Assets 2016: $105,4032016Assets 2017: $217,304Liabilities 2017: $97,171Net Assets 2017: $120,1332017Assets 2018: $218,886Liabilities 2018: $101,722Net Assets 2018: $117,1642018Assets 2019: $229,587Liabilities 2019: $97,081Net Assets 2019: $132,5062019Assets 2020: $236,524Liabilities 2020: $91,586Net Assets 2020: $144,9382020Assets 2021: $253,783Liabilities 2021: $84,528Net Assets 2021: $169,2552021Assets 2022: $225,364Liabilities 2022: $12,743Net Assets 2022: $212,6212022Assets 2023: $257,504Liabilities 2023: $11,431Net Assets 2023: $246,0732023Assets 2024: $571,615Liabilities 2024: $30,379Net Assets 2024: $541,2362024

Highlighted filing

2017

Assets$217,304
Liabilities$97,171
Net Assets$120,133

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $506,213Expenses 2011: $475,211Net Income 2011: $31,0022011Revenue 2012: $478,991Expenses 2012: $499,689Net Income 2012: -$20,6982012Revenue 2013: $242,057Expenses 2013: $193,224Net Income 2013: $48,8332013Revenue 2014: $90,009Expenses 2014: $101,278Net Income 2014: -$11,2692014Revenue 2015: $86,169Expenses 2015: $98,118Net Income 2015: -$11,9492015Revenue 2016: $100,556Expenses 2016: $90,560Net Income 2016: $9,9962016Revenue 2017: $391,437Expenses 2017: $376,623Net Income 2017: $14,8142017Revenue 2018: $359,386Expenses 2018: $362,162Net Income 2018: -$2,7762018Revenue 2019: $286,015Expenses 2019: $270,875Net Income 2019: $15,1402019Revenue 2020: $159,475Expenses 2020: $147,043Net Income 2020: $12,4322020Revenue 2021: $182,993Expenses 2021: $158,677Net Income 2021: $24,3162021Revenue 2022: $192,222Expenses 2022: $219,583Net Income 2022: -$27,3612022Revenue 2023: $375,888Expenses 2023: $342,437Net Income 2023: $33,4512023Revenue 2024: $526,155Expenses 2024: $230,992Net Income 2024: $295,1632024

Highlighted filing

2017

Revenue$391,437
Expenses$376,623
Net Income$14,814
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 17, 2017
Return Version
2016v3.0
Gross Receipts
$416,989
Mission and Program Overview

Mission

To provide housing assistance to low and moderate income people in oswego county

To provide housing assistance to low and moderate income people in Oswego county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$94,276$99,254▲ $4,978
Land, Buildings, and Equipment, Net$41,180$71,120▲ $29,940
Pledges and Grants Receivable$0$22,250▲ $22,250
Other Notes and Loans Receivable, Net$20,853$18,979▼ $1,874
Accounts Receivable$194$1,544▲ $1,350
Intangible Assets$187--
Total Assets$195,131$217,304▲ $22,173
Other Assets Total$38,441$4,157▼ $34,284
Liabilities
Deferred Revenue$81,480$89,862▲ $8,382
Mortgage Notes Payable Secured by Investment Property$4,363$0▼ $4,363
Other Liabilities$3,861$3,982▲ $121
Accounts Payable and Accrued Expenses$24$3,327▲ $3,303
Total Liabilities$89,728$97,171▲ $7,443
Net Assets / Fund Balance
Unrestricted Net Assets$105,403$120,133▲ $14,730
Total Net Assets Fund Balance$105,403$120,133▲ $14,730
Total Liabilities and Net Assets / Fund Balance$195,131$217,304▲ $22,173

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,538$288,241$324,779
Equipment$729$38,102$38,831
Land$33,853-$33,853
Compensation and Service Providers

Employees

NameTitleBaseTotal
Marion NaramoreExecutive Director$43,961$43,961

Board Members and Trustees

NameTitle
Martin WebsterPast President
Tammie NipperPresident
James HotchkissVice President
Paul BaxterDirector
Steven GaffneyDirector
Donna ScanlonSecretary
Christine WardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$377,165
Program Service Revenue
$0
Investment Income
$456
Other Revenue
$13,816
Change in Net Assets
$14,814

Audited Revenue Reconciliation

Revenue per Audited Statements
$391,353
Revenue Not Reported on Financial Statements
$84
Revenue Not Reported on Form 990
$25,552
Other Revenue Adjustments
$84
Total Revenue per Audited Statements
$416,905
Total Revenue per Form 990
$391,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$265,301
Salaries, Compensation, and Employee Benefits$80,226
Other Expenses$31,096
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$265,301--$265,301
Current Officers, Directors, Trustees, and Key Employees$38,694$6,828-$45,522
Other Salaries and Wages$21,771$3,842-$25,613
Occupancy$12,014$2,120-$14,134
Payroll Taxes$7,565$1,335-$8,900
Advertising$2,643$5,099-$7,742
Office Expenses$4,272$754-$5,026
Insurance$2,927$517-$3,444
Travel$327$58-$385
Other Expenses$310$55-$365
Other Employee Benefits$162$29-$191
Total Functional Expenses$355,986$20,637$0$376,623

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$402,175
Expenses per Audited Statements$376,623
Total Expenses per Form 990$376,623
Expenses Not Reported on Form 990$25,552
Expenses Not Reported on Financial Statements$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
Security & Escrow Accounts$3,982
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
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, Part VI, Section B, line 11B

the Board of Directors reviews a copy of the 990 at a regular board meeting before it is filed.

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

Annually the Board of Directors disclose any potential conflict of interests.

Form 990, Part VI, Section C, line 19

The governing documents are available to the public at the organization's administrative offices.

Filing and Contact Details

Filer

Filer Name
Oswego Housing Development Council Inc
EIN
16-1164184
Phone
3156254520
Address
805 W Broadway, Fulton, NY 13069

Signing Officer

Name
Marion Naramore
Title
Executive Director
Phone
3156524520
Signed
2017-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marion Naramore
Formed
1979
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
7

Preparer

Firm
Bowers & Company CPA's PLLC
Address
120 Madison St - 1700 AXA Tower II, Syracuse, NY 13202
Preparer
Richard Farley
Phone
3152341100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Passthrough Income Book to Tax Variance -84.

Financial Statement Notes

Part X, Line 2:

Under FASB ASC 740, the Organization recognizes potential liabilities associated with anticipated tax audit issues that may arise during an examination. Interest and penalties that are anticipated to be due upon examination are recognized as accrued interest and other liabilities with an offset to interest and other expense. The Organization determined that there were no uncertainties with respect to the application of tax regulations in these jurisdictions.

Part XI, Line 2D - Other Adjustments:

Rental Expenses

Part XI, Line 4B - Other Adjustments:

Creekside Associates Partnership Income

Part XII, Line 2D - Other Adjustments:

Rental Expenses

Raw XML AppendixShowing 400 of 433 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.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt082114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0792186
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt031874
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0552
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0465
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032982
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07950
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07950
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95090
IRS990ScheduleA/PublicSupportPY170Pct00.99870
IRS990ScheduleA/PublicSupportTotal170Amt0792186
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0377165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt088585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt067669
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt082114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176653
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0792186
IRS990ScheduleA/TotalSupportAmt0833118
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt036538
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0288241
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0324779
IRS990ScheduleD/EquipmentGrp/BookValueAmt0729
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038102
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038831
IRS990ScheduleD/ExpensesNotReportedAmt025552
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0376623
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt033853
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt033853
IRS990ScheduleD/OtherExpensesIncludedAmt025552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03982
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security & Escrow Accounts
IRS990ScheduleD/OtherRevenueAmt025552
IRS990ScheduleD/OtherRevenuesNotIncludedAmt084
IRS990ScheduleD/RevenueNotReportedAmt025552
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt084
IRS990ScheduleD/RevenueSubtotalAmt0391353
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Under FASB ASC 740, the Organization recognizes potential liabilities associated with anticipated tax audit issues that may arise during an examination. Interest and penalties that are anticipated to be due upon examination are recognized as accrued interest and other liabilities with an offset to interest and other expense. The Organization determined that there were no uncertainties with respect to the application of tax regulations in these jurisdictions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Creekside Associates Partnership Income
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Rental Expenses
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt071120
IRS990ScheduleD/TotalExpensesPerForm990Amt0376623
IRS990ScheduleD/TotalLiabilityAmt03982
IRS990ScheduleD/TotalRevenuePerForm990Amt0391437
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0416905
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0402175
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0265301
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Revitalize and Repair Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt015
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Book
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0the Board of Directors reviews a copy of the 990 at a regular board meeting before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annually the Board of Directors disclose any potential conflict of interests.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents are available to the public at the organization's administrative offices.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Passthrough Income Book to Tax Variance -84.
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 C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0195131
IRS990/TotalAssetsEOYAmt0217304
IRS990/TotalAssetsGrp/BOYAmt0195131
IRS990/TotalAssetsGrp/EOYAmt0217304
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0377165
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020637
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0355986
IRS990/TotalFunctionalExpensesGrp/TotalAmt0376623
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt089728
IRS990/TotalLiabilitiesEOYAmt097171
IRS990/TotalLiabilitiesGrp/BOYAmt089728
IRS990/TotalLiabilitiesGrp/EOYAmt097171
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0105403
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0120133
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0355986
IRS990/TotalReportableCompFromOrgAmt043961
IRS990/TotalRevenueGrp/ExclusionAmt06322
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07950
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0391437
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0195131
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0217304
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt058
IRS990/TravelGrp/ProgramServicesAmt0327
IRS990/TravelGrp/TotalAmt0385
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0105403
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0120133
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0805 W Braodway
IRS990/USAddress/CityNm0Fulton
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013069
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.ohdcinc.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$0.30$5.41$5.26$2.31$2.95
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.11$2.46$3.76$3.42$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.13$2.13$1.92$2.20$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.85$1.69$1.83$1.59$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.92$1.45$1.59$1.47$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.97$1.33$2.86$2.71$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$1.02$1.17$3.59$3.62$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.17$0.97$1.20$3.91$3.77$0.15
2016Summary only. Only limited summary data is available for this year.$1.95$0.90$1.05$1.01$0.91$0.10
2015Summary only. Only limited summary data is available for this year.$2.02$1.07$0.95$0.86$0.98$0.12
2014Summary only. Only limited summary data is available for this year.$2.25$1.18$1.07$0.90$1.01$0.11
2013Summary only. Only limited summary data is available for this year.$2.47$1.29$1.19$2.42$1.93$0.49
2012Summary only. Only limited summary data is available for this year.$2.92$2.22$0.70$4.79$5.00$0.21
2011Summary only. Only limited summary data is available for this year.$4.29$4.84$0.55$5.06$4.75$0.31