Civic Intelligence

St Anthonys Housing Development Fund Corp Inc

990 • Fiscal year 2021 • EIN 16-1291528

Oct 01, 2020 to Sep 30, 2021 • Filed on Dec 15, 2021

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

0.89x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

6.33x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

45th percentile

9.8%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

97th percentile

198%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

27th percentile

-3.4%

Faster revenue growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,143,199

Up $1,423,869 (+198%) from 2020

Net Assets

Up

$230,958

Up $29,627 (+15%) from 2020

Liabilities

Up

$1,912,241

Up $1,394,242 (+269%) from 2020

Revenue

Down

$301,874

Down $10,483 (-3.4%) from 2020

Expenses

Down

$272,247

Down $6,960 (-2.5%) from 2020

Net Income

Down

$29,627

Down $3,523 (-11%) from 2020

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

2021

Assets$2,143,199
Liabilities$1,912,241
Net Assets$230,958

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

2021

Revenue$301,874
Expenses$272,247
Net Income$29,627
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Dec 15, 2021
Return Version
2020v4.0
Gross Receipts
$301,874
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$511,702$1,441,106▲ $929,404
Savings and Temporary Cash Investments$173,317$422,103▲ $248,786
Intangible Assets-$235,835-
Cash and Non-Interest-Bearing Accounts$19,708$25,428▲ $5,720
Prepaid Expenses and Deferred Charges$13,873$16,471▲ $2,598
Accounts Receivable$730$2,256▲ $1,526
Total Assets$719,330$2,143,199▲ $1,423,869
Liabilities
Mortgage Notes Payable Secured by Investment Property$475,058$1,891,259▲ $1,416,201
Other Liabilities$10,603$10,441▼ $162
Accounts Payable and Accrued Expenses$32,285$10,314▼ $21,971
Deferred Revenue$53$227▲ $174
Total Liabilities$517,999$1,912,241▲ $1,394,242
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$201,331$230,958▲ $29,627
Total Net Assets Fund Balance$201,331$230,958▲ $29,627
Total Liabilities and Net Assets / Fund Balance$719,330$2,143,199▲ $1,423,869

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,375,367$819,691$2,195,058
Other Land Buildings$47,909$216,237$264,146
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
$298,435
Investment Income
$401
Other Revenue
$3,038
Change in Net Assets
$29,627

Audited Revenue Reconciliation

Revenue per Audited Statements
$301,874
Total Revenue per Audited Statements
$301,874
Total Revenue per Form 990
$301,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,966
Salaries, Compensation, and Employee Benefits$79,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,700$70,841-$73,541
Interest$49,948--$49,948
Depreciation Depletion$33,143--$33,143
Fees for Services Management-$22,402-$22,402
Insurance$16,077--$16,077
Office Expenses-$14,908-$14,908
Occupancy$11,105--$11,105
Fees for Services Accounting-$7,636-$7,636
Payroll Taxes$5,740--$5,740
Other Expenses$6,834$5,478-$5,478
All Other Expenses$3,274--$3,274
Advertising-$1,341-$1,341
Conferences and Meetings-$539-$539
Total Functional Expenses$149,102$123,145$0$272,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$272,247
Total Expenses per Audited Statements$272,247
Total Expenses per Form 990$272,247
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$10,441
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 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
2021-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Fontana
Formed
1980
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
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/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01538
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01538
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11500
IRS990/OtherRevenueTotalAmt03038
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt070841
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02700
IRS990/OtherSalariesAndWagesGrp/TotalAmt073541
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05740
IRS990/PayrollTaxesGrp/TotalAmt05740
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013873
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016471
IRS990/PrincipalOfficerNm0PAT FONTANA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME - GROSS
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL CLAIMS
IRS990/ProgramServiceRevenueGrp/Desc2RENT CONCESSIONS
IRS990/ProgramServiceRevenueGrp/Desc3VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0317692
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11172
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-1
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-20428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0317692
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-1
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-20428
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0195
IRS990/PYOtherExpensesAmt0209556
IRS990/PYOtherRevenueAmt01752
IRS990/PYProgramServiceRevenueAmt0310410
IRS990/PYRevenuesLessExpensesAmt033150
IRS990/PYSalariesCompEmpBnftPaidAmt069651
IRS990/PYTotalExpensesAmt0279207
IRS990/PYTotalRevenueAmt0312357
IRS990/ReconcilationRevenueExpnssAmt029627
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0173317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0422103
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY CONCESSIONS & MISC. 9,132
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0198798
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0206774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0200161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0195933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0999562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0401
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01911
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0688
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04431
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01208824
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03038
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01752
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01536
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01308
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01498
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09132
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98660
IRS990ScheduleA/PublicSupportPY170Pct00.98720
IRS990ScheduleA/PublicSupportTotal170Amt0999562
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0198798
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0206774
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197896
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0200161
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0195933
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0999562
IRS990ScheduleA/TotalSupportAmt01013125
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01375367
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0819691
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02195058
IRS990ScheduleD/ExpensesSubtotalAmt0272247
IRS990ScheduleD/LandGrp/BookValueAmt017830
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017830
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt047909
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0216237
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0264146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0301874
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01441106
IRS990ScheduleD/TotalExpensesPerForm990Amt0272247
IRS990ScheduleD/TotalLiabilityAmt010441
IRS990ScheduleD/TotalRevenuePerForm990Amt0301874
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0301874
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0272247
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 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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0719330
IRS990/TotalAssetsEOYAmt02143199
IRS990/TotalAssetsGrp/BOYAmt0719330
IRS990/TotalAssetsGrp/EOYAmt02143199
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0123145
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0149102
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272247
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0517999
IRS990/TotalLiabilitiesEOYAmt01912241
IRS990/TotalLiabilitiesGrp/BOYAmt0517999
IRS990/TotalLiabilitiesGrp/EOYAmt01912241
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0201331
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0230958
IRS990/TotalProgramServiceExpensesAmt0149102
IRS990/TotalProgramServiceRevenueAmt0298435
IRS990/TotalRevenueGrp/ExclusionAmt0401
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0301473
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0301874
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0719330

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