Civic Intelligence

St Anthonys Housing Development Fund Corp Inc

990 • Fiscal year 2016 • EIN 16-1291528

Oct 01, 2015 to Sep 30, 2016 • Filed on Nov 29, 2016

170 Conger AveWatertown, NY 13601

(315) 782-3289

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

2.28x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

48th percentile

1.0%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

54th percentile

5.0%

Faster revenue growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$742,252

Up $7,218 (+1.0%) from 2015

Net Assets

Up

$61,693

Up $45,437 (+280%) from 2015

Liabilities

Down

$680,559

Down $38,219 (-5.3%) from 2015

Revenue

Up

$298,580

Up $14,247 (+5.0%) from 2015

Expenses

Down

$253,143

Down $11,373 (-4.3%) from 2015

Net Income

Up

$45,437

Up $25,620 (+129%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $823,011Liabilities 2010: $874,424Net Assets 2010: -$51,4132010Assets 2011: $795,508Liabilities 2011: $836,143Net Assets 2011: -$40,6352011Assets 2012: $790,855Liabilities 2012: $815,179Net Assets 2012: -$24,3242012Assets 2013: $765,083Liabilities 2013: $786,049Net Assets 2013: -$20,9662013Assets 2014: $750,140Liabilities 2014: $753,701Net Assets 2014: -$3,5612014Assets 2015: $735,034Liabilities 2015: $718,778Net Assets 2015: $16,2562015Assets 2016: $742,252Liabilities 2016: $680,559Net Assets 2016: $61,6932016Assets 2017: $739,187Liabilities 2017: $641,869Net Assets 2017: $97,3182017Assets 2018: $722,618Liabilities 2018: $596,560Net Assets 2018: $126,0582018Assets 2019: $715,601Liabilities 2019: $547,420Net Assets 2019: $168,1812019Assets 2020: $719,330Liabilities 2020: $517,999Net Assets 2020: $201,3312020Assets 2021: $2,143,199Liabilities 2021: $1,912,241Net Assets 2021: $230,9582021Assets 2022: $2,055,146Liabilities 2022: $1,882,712Net Assets 2022: $172,4342022Assets 2023: $1,940,747Liabilities 2023: $1,843,311Net Assets 2023: $97,4362023Assets 2024: $1,824,572Liabilities 2024: $1,810,107Net Assets 2024: $14,4652024Assets 2025: $1,681,470Liabilities 2025: $1,778,202Net Assets 2025: -$96,7322025

Highlighted filing

2016

Assets$742,252
Liabilities$680,559
Net Assets$61,693

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $255,8242010Expenses 2011: $268,4972011Expenses 2012: $267,0912012Revenue 2013: $284,776Expenses 2013: $281,418Net Income 2013: $3,3582013Revenue 2014: $284,733Expenses 2014: $267,328Net Income 2014: $17,4052014Revenue 2015: $284,333Expenses 2015: $264,516Net Income 2015: $19,8172015Revenue 2016: $298,580Expenses 2016: $253,143Net Income 2016: $45,4372016Revenue 2017: $296,284Expenses 2017: $260,659Net Income 2017: $35,6252017Revenue 2018: $292,926Expenses 2018: $264,186Net Income 2018: $28,7402018Revenue 2019: $305,410Expenses 2019: $263,287Net Income 2019: $42,1232019Revenue 2020: $312,357Expenses 2020: $279,207Net Income 2020: $33,1502020Revenue 2021: $301,874Expenses 2021: $272,247Net Income 2021: $29,6272021Revenue 2022: $327,748Expenses 2022: $386,272Net Income 2022: -$58,5242022Revenue 2023: $329,538Expenses 2023: $404,536Net Income 2023: -$74,9982023Revenue 2024: $342,850Expenses 2024: $425,821Net Income 2024: -$82,9712024Revenue 2025: $364,400Expenses 2025: $475,597Net Income 2025: -$111,1972025

Highlighted filing

2016

Revenue$298,580
Expenses$253,143
Net Income$45,437
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Nov 29, 2016
Return Version
2015v3.0
Gross Receipts
$298,580
Mission and Program Overview

Mission

To provide low income housing to elderly and mobility impaired individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$492,783$462,377▼ $30,406
Savings and Temporary Cash Investments$223,524$239,049▲ $15,525
Cash and Non-Interest-Bearing Accounts$1,463$22,372▲ $20,909
Prepaid Expenses and Deferred Charges$15,633$16,360▲ $727
Accounts Receivable$1,631$2,094▲ $463
Total Assets$735,034$742,252▲ $7,218
Liabilities
Mortgage Notes Payable Secured by Investment Property$700,273$663,127▼ $37,146
Other Liabilities$9,025$9,739▲ $714
Accounts Payable and Accrued Expenses$9,399$7,693▼ $1,706
Deferred Revenue$81--
Total Liabilities$718,778$680,559▼ $38,219
Net Assets / Fund Balance
Unrestricted Net Assets$16,256$61,693▲ $45,437
Total Net Assets Fund Balance$16,256$61,693▲ $45,437
Total Liabilities and Net Assets / Fund Balance$735,034$742,252▲ $7,218

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$399,593$691,400$1,090,993
Other Land Buildings$44,954$184,917$229,871
Land$17,830-$17,830
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$295,645
Investment Income
$536
Other Revenue
$2,399
Change in Net Assets
$45,437

Audited Revenue Reconciliation

Revenue per Audited Statements
$298,580
Total Revenue per Audited Statements
$298,580
Total Revenue per Form 990
$298,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,679
Salaries, Compensation, and Employee Benefits$66,464
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$62,941--$62,941
Other Salaries and Wages$2,850$58,254-$61,104
Depreciation Depletion$34,043--$34,043
Fees for Services Management-$21,525-$21,525
Insurance$16,735--$16,735
Occupancy$10,316--$10,316
Office Expenses-$8,625-$8,625
Fees for Services Accounting-$7,536-$7,536
Payroll Taxes$5,360--$5,360
Other Expenses$4,338$2,861-$2,861
All Other Expenses$2,287--$2,287
Advertising-$886-$886
Conferences and Meetings-$337-$337
Total Functional Expenses$153,119$100,024$0$253,143

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$253,143
Total Expenses per Audited Statements$253,143
Total Expenses per Form 990$253,143
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
Tenant Security Deposits$9,739
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The board has hired christopher community as managing agent for the project.

Form 990, Page 6, Part VI, Line 11B

A copy of the return was reviewed by the management company and the board president prior to filing.

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

The board must sign annually a statement to note any potential conflicts of interest with the organization.

Form 990, Page 6, Part VI, Line 19

Documents are available for review upon request and approval by the board.

Filing and Contact Details

Filer

Filer Name
ST ANTHONY'S HOUSING DEV FD CO
EIN
16-1291528
Phone
3157823289
Address
170 CONGER AVE, WATERTOWN, NY 13601

Signing Officer

Name
Pat Fontana
Title
President
Phone
3157823289
Signed
2016-11-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Fontana
Formed
1980
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
3

Preparer

Firm
Stackel & Navarra CPA Pc
Address
216 WASHINGTON ST STE 402, WATERTOWN, NY 13601-3336
Preparer
Robert F Stackel
Phone
3157821220
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IRS990/PayrollTaxesGrp/ProgramServicesAmt05360
IRS990/PayrollTaxesGrp/TotalAmt05360
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016360
IRS990/PrincipalOfficerNm0PAT FONTANA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME - GROSS
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL CLAIMS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0297264
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18158
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-9777
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0297264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18158
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-9777
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0625
IRS990/PYOtherExpensesAmt0198743
IRS990/PYOtherRevenueAmt01832
IRS990/PYProgramServiceRevenueAmt0281876
IRS990/PYRevenuesLessExpensesAmt019817
IRS990/PYSalariesCompEmpBnftPaidAmt065773
IRS990/PYTotalExpensesAmt0264516
IRS990/PYTotalRevenueAmt0284333
IRS990/ReconcilationRevenueExpnssAmt045437
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0223524
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0239049
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY CONCESSIONS & MISC. 7,605
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0204627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0197721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0191620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0184950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0205856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0984774
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0625
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0363
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0270
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02134
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0298044
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01832
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02005
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02046
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01722
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07605
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99020
IRS990ScheduleA/PublicSupportPY170Pct00.98970
IRS990ScheduleA/PublicSupportTotal170Amt0984774
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0204627
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0197721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0191620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0184950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0205856
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0984774
IRS990ScheduleA/TotalSupportAmt0994513
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0399593
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0691400
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01090993
IRS990ScheduleD/ExpensesSubtotalAmt0253143
IRS990ScheduleD/LandGrp/BookValueAmt017830
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017830
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044954
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0184917
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0229871
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09739
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0298580
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0462377
IRS990ScheduleD/TotalExpensesPerForm990Amt0253143
IRS990ScheduleD/TotalLiabilityAmt09739
IRS990ScheduleD/TotalRevenuePerForm990Amt0298580
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0298580
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0253143
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD HAS HIRED CHRISTOPHER COMMUNITY AS MANAGING AGENT FOR THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE RETURN WAS REVIEWED BY THE MANAGEMENT COMPANY AND THE BOARD PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MUST SIGN ANNUALLY A STATEMENT TO NOTE ANY POTENTIAL CONFLICTS OF INTEREST WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST AND APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0735034
IRS990/TotalAssetsEOYAmt0742252
IRS990/TotalAssetsGrp/BOYAmt0735034
IRS990/TotalAssetsGrp/EOYAmt0742252
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100024
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0153119
IRS990/TotalFunctionalExpensesGrp/TotalAmt0253143
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0718778
IRS990/TotalLiabilitiesEOYAmt0680559
IRS990/TotalLiabilitiesGrp/BOYAmt0718778
IRS990/TotalLiabilitiesGrp/EOYAmt0680559
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016256
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt061693
IRS990/TotalProgramServiceExpensesAmt0153119
IRS990/TotalProgramServiceRevenueAmt0295645
IRS990/TotalRevenueGrp/ExclusionAmt0536
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0298044
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0298580
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0735034
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0742252
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016256
IRS990/UnrestrictedNetAssetsGrp/EOYAmt061693
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0170 CONGER AVE
IRS990/USAddress/CityNm0WATERTOWN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013601

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.68$1.78$0.10$0.36$0.48$0.11
2024Detailed filing. Detailed filing data is available for this year.$1.82$1.81$0.01$0.34$0.43$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.94$1.84$0.10$0.33$0.40$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.06$1.88$0.17$0.33$0.39$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$1.91$0.23$0.30$0.27$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.52$0.20$0.31$0.28$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.72$0.55$0.17$0.31$0.26$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.60$0.13$0.29$0.26$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.64$0.10$0.30$0.26$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.68$0.06$0.30$0.25$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.72$0.02$0.28$0.26$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.75$0.00$0.28$0.27$0.02
2013Summary only. Only limited summary data is available for this year.$0.77$0.79$0.02$0.28$0.28$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.82$0.02$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.84$0.04$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.87$0.05$0.26