Civic Intelligence

St Anthonys Housing Development Fund Corp Inc

990 • Fiscal year 2022 • EIN 16-1291528

Oct 01, 2021 to Sep 30, 2022 • Filed on Dec 20, 2022

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

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

5.74x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

32nd percentile

-4.1%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

8.6%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,055,146

Down $88,053 (-4.1%) from 2021

Net Assets

Down

$172,434

Down $58,524 (-25%) from 2021

Liabilities

Down

$1,882,712

Down $29,529 (-1.5%) from 2021

Revenue

Up

$327,748

Up $25,874 (+8.6%) from 2021

Expenses

Up

$386,272

Up $114,025 (+42%) from 2021

Net Income

Down

-$58,524

Down $88,151 (-298%) from 2021

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

2022

Assets$2,055,146
Liabilities$1,882,712
Net Assets$172,434

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

2022

Revenue$327,748
Expenses$386,272
Net Income-$58,524
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Dec 20, 2022
Return Version
2021v4.0
Gross Receipts
$327,748
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$1,441,106$1,313,222▼ $127,884
Savings and Temporary Cash Investments$422,103$458,573▲ $36,470
Intangible Assets$235,835$229,097▼ $6,738
Cash and Non-Interest-Bearing Accounts$25,428$51,966▲ $26,538
Prepaid Expenses and Deferred Charges$16,471$1,949▼ $14,522
Accounts Receivable$2,256$339▼ $1,917
Total Assets$2,143,199$2,055,146▼ $88,053
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,891,259$1,856,428▼ $34,831
Accounts Payable and Accrued Expenses$10,314$15,182▲ $4,868
Other Liabilities$10,441$10,812▲ $371
Deferred Revenue$227$290▲ $63
Total Liabilities$1,912,241$1,882,712▼ $29,529
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$230,958$172,434▼ $58,524
Total Net Assets Fund Balance$230,958$172,434▼ $58,524
Total Liabilities and Net Assets / Fund Balance$2,143,199$2,055,146▼ $88,053

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,034,359$333,853$1,368,212
Buildings$261,033$829,960$1,090,993
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
$325,620
Investment Income
$241
Other Revenue
$1,887
Change in Net Assets
$-58,524

Audited Revenue Reconciliation

Revenue per Audited Statements
$327,748
Total Revenue per Audited Statements
$327,748
Total Revenue per Form 990
$327,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$305,223
Salaries, Compensation, and Employee Benefits$81,049
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$134,624--$134,624
Other Salaries and Wages$1,000$73,550-$74,550
Interest$52,719--$52,719
Fees for Services Management-$24,158-$24,158
Insurance$17,635--$17,635
Office Expenses-$15,288-$15,288
Occupancy$11,148--$11,148
Fees for Services Accounting-$7,836-$7,836
Payroll Taxes$6,499--$6,499
Other Expenses$7,891$4,155-$4,155
All Other Expenses$3,313$57-$3,370
Advertising-$496-$496
Conferences and Meetings-$322-$322
Total Functional Expenses$260,410$125,862$0$386,272

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$386,272
Total Expenses per Audited Statements$386,272
Total Expenses per Form 990$386,272
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$10,812
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
2022-12-20
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/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1224
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01663
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1224
IRS990/OtherRevenueTotalAmt01887
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt073550
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01000
IRS990/OtherSalariesAndWagesGrp/TotalAmt074550
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06499
IRS990/PayrollTaxesGrp/TotalAmt06499
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016471
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01949
IRS990/PrincipalOfficerNm0PAT FONTANA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME - GROSS
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL CLAIMS
IRS990/ProgramServiceRevenueGrp/Desc2VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0321933
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15772
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-2085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0321933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15772
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-2085
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0401
IRS990/PYOtherExpensesAmt0192966
IRS990/PYOtherRevenueAmt03038
IRS990/PYProgramServiceRevenueAmt0298435
IRS990/PYRevenuesLessExpensesAmt029627
IRS990/PYSalariesCompEmpBnftPaidAmt079281
IRS990/PYTotalExpensesAmt0272247
IRS990/PYTotalRevenueAmt0301874
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-58524
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0422103
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0458573
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LAUNDRY CONCESSIONS & MISC. 9,521
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0220607
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0199970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0206774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0197896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0200161
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01025408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0401
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0195
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01911
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01236
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03984
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01536331
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01887
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03038
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01752
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01536
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01308
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09521
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98700
IRS990ScheduleA/PublicSupportPY170Pct00.98660
IRS990ScheduleA/PublicSupportTotal170Amt01025408
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0220607
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0199970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0206774
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0197896
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0200161
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01025408
IRS990ScheduleA/TotalSupportAmt01038913
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0261033
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0829960
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01090993
IRS990ScheduleD/ExpensesSubtotalAmt0386272
IRS990ScheduleD/LandGrp/BookValueAmt017830
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017830
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01034359
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0333853
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01368212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010812
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0327748
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01313222
IRS990ScheduleD/TotalExpensesPerForm990Amt0386272
IRS990ScheduleD/TotalLiabilityAmt010812
IRS990ScheduleD/TotalRevenuePerForm990Amt0327748
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0327748
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0386272
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/TotalAssetsBOYAmt02143199
IRS990/TotalAssetsEOYAmt02055146
IRS990/TotalAssetsGrp/BOYAmt02143199
IRS990/TotalAssetsGrp/EOYAmt02055146
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0125862
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0260410
IRS990/TotalFunctionalExpensesGrp/TotalAmt0386272
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01912241
IRS990/TotalLiabilitiesEOYAmt01882712
IRS990/TotalLiabilitiesGrp/BOYAmt01912241
IRS990/TotalLiabilitiesGrp/EOYAmt01882712
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0230958
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0172434
IRS990/TotalProgramServiceExpensesAmt0260410
IRS990/TotalProgramServiceRevenueAmt0325620
IRS990/TotalRevenueGrp/ExclusionAmt0241
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0327507
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0327748
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02143199
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02055146
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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