Civic Intelligence

Dekalb Housing Development Fund Company Inc.

990 • Fiscal year 2019 • EIN 16-1282123

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

732 Ford StreetOgdensburg, NY 13669

(315) 393-3074

Siviq Scores

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

Liabilities / Assets

96th percentile

1.51x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

5.10x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

17th percentile

-19%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

30th percentile

-8.8%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

3.2%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$381,326

Down $36,582 (-8.8%) from 2018

Net Assets

Down

-$195,777

Down $21,500 (-12%) from 2018

Liabilities

Down

$577,103

Down $15,082 (-2.5%) from 2018

Revenue

Up

$113,199

Up $3,477 (+3.2%) from 2018

Expenses

Up

$134,699

Up $13,933 (+12%) from 2018

Net Income

Down

-$21,500

Down $10,456 (-95%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $958,642Liabilities 2010: $658,376Net Assets 2010: $300,2662010Assets 2011: $436,808Liabilities 2011: $643,959Net Assets 2011: -$207,1512011Assets 2012: $428,488Liabilities 2012: $638,576Net Assets 2012: -$210,0882012Assets 2013: $469,102Liabilities 2013: $633,463Net Assets 2013: -$164,3612013Assets 2014: $512,976Liabilities 2014: $643,983Net Assets 2014: -$131,0072014Assets 2015: $485,366Liabilities 2015: $613,866Net Assets 2015: -$128,5002015Assets 2016: $467,392Liabilities 2016: $605,597Net Assets 2016: -$138,2052016Assets 2017: $434,368Liabilities 2017: $598,680Net Assets 2017: -$164,3122017Assets 2018: $417,908Liabilities 2018: $592,185Net Assets 2018: -$174,2772018Assets 2019: $381,326Liabilities 2019: $577,103Net Assets 2019: -$195,7772019Assets 2020: $367,417Liabilities 2020: $568,831Net Assets 2020: -$201,4142020Assets 2021: $353,385Liabilities 2021: $553,162Net Assets 2021: -$199,7772021Assets 2022: $322,248Liabilities 2022: $546,308Net Assets 2022: -$224,0602022Assets 2023: $297,494Liabilities 2023: $525,938Net Assets 2023: -$228,4442023Assets 2024: $299,722Liabilities 2024: $513,266Net Assets 2024: -$213,5442024

Highlighted filing

2019

Assets$381,326
Liabilities$577,103
Net Assets-$195,777

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $143,1212010Expenses 2011: $164,4792011Expenses 2012: $154,5262012Revenue 2013: $202,790Expenses 2013: $156,175Net Income 2013: $46,6152013Revenue 2014: $199,576Expenses 2014: $166,222Net Income 2014: $33,3542014Revenue 2015: $115,961Expenses 2015: $113,454Net Income 2015: $2,5072015Revenue 2016: $113,478Expenses 2016: $123,183Net Income 2016: -$9,7052016Revenue 2017: $103,854Expenses 2017: $129,961Net Income 2017: -$26,1072017Revenue 2018: $109,722Expenses 2018: $120,766Net Income 2018: -$11,0442018Revenue 2019: $113,199Expenses 2019: $134,699Net Income 2019: -$21,5002019Revenue 2020: $128,138Expenses 2020: $133,775Net Income 2020: -$5,6372020Revenue 2021: $135,029Expenses 2021: $133,392Net Income 2021: $1,6372021Revenue 2022: $128,804Expenses 2022: $153,087Net Income 2022: -$24,2832022Revenue 2023: $149,011Expenses 2023: $153,395Net Income 2023: -$4,3842023Revenue 2024: $163,814Expenses 2024: $148,914Net Income 2024: $14,9002024

Highlighted filing

2019

Revenue$113,199
Expenses$134,699
Net Income-$21,500
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$113,199
Mission and Program Overview

Mission

Provide fourteen (14) units of one-bedroom housing for low-income elderly.

Provide fourteen (14) units of one-bedroom housing for low income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$356,940$331,290▼ $25,650
Savings and Temporary Cash Investments$50,872$43,231▼ $7,641
Cash and Non-Interest-Bearing Accounts$8,608$5,316▼ $3,292
Prepaid Expenses and Deferred Charges$1,488$1,488→ $0
Accounts Receivable-$1-
Total Assets$417,908$381,326▼ $36,582
Liabilities
Mortgage Notes Payable Secured by Investment Property$581,514$570,993▼ $10,521
Accounts Payable and Accrued Expenses$7,205$3,291▼ $3,914
Escrow Account Liability$3,466$2,819▼ $647
Total Liabilities$592,185$577,103▼ $15,082
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-174,277$-195,777▼ $21,500
Total Net Assets Fund Balance$-174,277$-195,777▼ $21,500
Total Liabilities and Net Assets / Fund Balance$417,908$381,326▼ $36,582

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$303,041$568,446$871,487
Equipment$2,254$22,206$24,460
Leasehold Improvements$11,828$5,964$17,792
Land$14,167-$14,167
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara a CreazzoPresident
Wanda L LawVice President
Martha H BurtDirector
John M FrarySecretary
Karen ThatcherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$107,756
Investment Income
$106
Other Revenue
$5,337
Change in Net Assets
$-21,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,699
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$42,624--$42,624
Depreciation Depletion$30,951--$30,951
Fees for Services Other$23,569--$23,569
Fees for Services Management-$10,462-$10,462
Fees for Services Accounting-$7,595-$7,595
Office Expenses$5,102$1,673-$6,775
Insurance$6,491--$6,491
Other Expenses$169$631-$800
Advertising-$151-$151
Total Functional Expenses$114,187$20,512$0$134,699
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization pays a fee to the united helpers management company for administrative and fiscal services.

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

The board of directors reviews and approves form 990 prior to submission.

Form 990, Part VI, Section C, Line 18

The organization provides copies of its 1023 and 990 upon request at the united helpers management company.

Form 990, Part VI, Section C, Line 19

The organization provides copies of its governing documents and financial statements upon request at the united helpers management company.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Martha h burt - 2456 state highway 812, dekalb jct, ny 13630. Barbara a creazzo - 3583 county route 17, dekalb jct, ny 13630. John m frary - p.o. Box 151, dekalb jct, ny 13630. Karen thatcher - 396 cousintown road, dekalb jct, ny 13630. Wanda l law - 23 gibbons street, dekalb jct, ny 13630.

Filing and Contact Details

Filer

Filer Name
Dekalb Housing Development Fund Company
EIN
16-1282123
Phone
3153933074
Address
732 FORD STREET, OGDENSBURG, NY 13669
Doing Business As
Sunrise Valley Apartments

Signing Officer

Name
Kelly Lowery
Title
VP of Finance
Phone
3153933074
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen E Knight
Formed
1987
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Pinto Mucenski Hooper Vanhouse & Co CPA
Address
PO BOX 327 301 FORD ST, OGDENSBURG, NY 13669
Preparer
Mark Mashaw
Phone
3153937502
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Maintenance contracts & labor fees: program service expenses 23,569. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,569.

FORM 990, PART XII, LINE 2C:

No change from prior year

Financial Statement Notes

PART IV, LINE 2B:

TENANT SECURITY DEPOSITS

Raw XML Appendix393 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/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0113199
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0109722
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0103854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0113478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053628
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0493881
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0303041
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0568446
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0871487
IRS990ScheduleD/EquipmentGrp/BookValueAmt02254
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024460
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt014167
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt014167
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011828
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05964
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt017792
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0331290
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PAYS A FEE TO THE UNITED HELPERS MANAGEMENT COMPANY FOR ADMINISTRATIVE AND FISCAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS AND APPROVES FORM 990 PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES COPIES OF ITS 1023 AND 990 UPON REQUEST AT THE UNITED HELPERS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST AT THE UNITED HELPERS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MARTHA H BURT - 2456 STATE HIGHWAY 812, DEKALB JCT, NY 13630. BARBARA A CREAZZO - 3583 COUNTY ROUTE 17, DEKALB JCT, NY 13630. JOHN M FRARY - P.O. BOX 151, DEKALB JCT, NY 13630. KAREN THATCHER - 396 COUSINTOWN ROAD, DEKALB JCT, NY 13630. WANDA L LAW - 23 GIBBONS STREET, DEKALB JCT, NY 13630.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MAINTENANCE CONTRACTS & LABOR FEES: PROGRAM SERVICE EXPENSES 23,569. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,569.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0417908
IRS990/TotalAssetsEOYAmt0381326
IRS990/TotalAssetsGrp/BOYAmt0417908
IRS990/TotalAssetsGrp/EOYAmt0381326
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020512
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0114187
IRS990/TotalFunctionalExpensesGrp/TotalAmt0134699
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0592185
IRS990/TotalLiabilitiesEOYAmt0577103
IRS990/TotalLiabilitiesGrp/BOYAmt0592185
IRS990/TotalLiabilitiesGrp/EOYAmt0577103
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-174277
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-195777
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0114187
IRS990/TotalProgramServiceRevenueAmt0107756
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0106
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0113093
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113199
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0417908
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0381326
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0732 FORD STREET
IRS990/USAddress/CityNm0OGDENSBURG
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013669
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY LOWERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum03153933074
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DEKALB HOUSING DEVELOPMENT FUND COMPANY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0DEKA
ReturnHeader/Filer/EIN0161282123
ReturnHeader/Filer/PhoneNum03153933074
ReturnHeader/Filer/USAddress/AddressLine1Txt0732 FORD STREET
ReturnHeader/Filer/USAddress/CityNm0OGDENSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013669
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F96E6BB88CD0A0830415609FCEE49685CA71D766
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0100CB99BDDA0E14186FC1604E6DF468717778B8E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.23.97.106
ReturnHeader/FilingSecurityInformation/IPDt02020-11-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm015:39:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161207215
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PINTO MUCENSKI HOOPER VANHOUSE & CO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 327 301 FORD ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OGDENSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013669
ReturnHeader/PreparerPersonGrp/PhoneNum03153937502
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK MASHAW
ReturnHeader/ReturnTs02020-11-13T12:22:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$5.13$2.14$1.64$1.49$0.15
2023Summary only. Only limited summary data is available for this year.$2.97$5.26$2.28$1.49$1.53$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$5.46$2.24$1.29$1.53$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$5.53$2.00$1.35$1.33$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$5.69$2.01$1.28$1.34$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.81$5.77$1.96$1.13$1.35$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$5.92$1.74$1.10$1.21$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$5.99$1.64$1.04$1.30$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.67$6.06$1.38$1.13$1.23$0.10
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$6.14$1.29$1.16$1.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.13$6.44$1.31$2.00$1.66$0.33
2013Detailed filing. Detailed filing data is available for this year.$4.69$6.33$1.64$2.03$1.56$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$6.39$2.10$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$6.44$2.07$1.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.59$6.58$3.00$1.43