Civic Intelligence

Milltown Housing Development Fund Company Inc

EIN 16-1292063 • 501(c)3 • Evans Mills, NY

Profile

Provide twenty-four (24) units of one-bedroom housing for low income elderly and disabled

8130 Schell AvenueEvans Mills, NY 13637

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

3.52x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

4.32x

Higher debt load relative to revenue than 88% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2025

Net Margin

35th percentile

-5.3%

Higher net margin than 35% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE L • <$500k nonprofits • Source year 2025

Asset Growth

30th percentile

-9.5%

Faster asset growth than 30% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

37th percentile

-6.7%

Faster revenue growth than 37% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$307,188

Down $21,270 (-6.5%) from 2023

Liabilities

Down

$994,425

Down $13,355 (-1.3%) from 2023

Net Assets

Down

-$687,237

Down $7,915 (-1.2%) from 2023

Revenue

Up

$242,339

Up $23,460 (+11%) from 2023

Expenses

Up

$250,254

Up $31,388 (+14%) from 2023

Net Income

Down

-$7,915

Down $7,928 (-60985%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2012: $554,747Liabilities 2012: $1,066,494Net Assets 2012: -$511,7472012Assets 2013: $528,647Liabilities 2013: $1,054,066Net Assets 2013: -$525,4192013Assets 2014: $510,037Liabilities 2014: $1,050,436Net Assets 2014: -$540,3992014Assets 2015: $511,786Liabilities 2015: $1,076,545Net Assets 2015: -$564,7592015Assets 2016: $489,637Liabilities 2016: $1,075,563Net Assets 2016: -$585,9262016Assets 2017: $456,879Liabilities 2017: $1,064,527Net Assets 2017: -$607,6482017Assets 2018: $419,794Liabilities 2018: $1,051,941Net Assets 2018: -$632,1472018Assets 2019: $386,845Liabilities 2019: $1,049,058Net Assets 2019: -$662,2132019Assets 2020: $348,676Liabilities 2020: $1,035,383Net Assets 2020: -$686,7072020Assets 2021: $337,313Liabilities 2021: $1,024,308Net Assets 2021: -$686,9952021Assets 2022: $351,733Liabilities 2022: $1,031,068Net Assets 2022: -$679,3352022Assets 2023: $328,458Liabilities 2023: $1,007,780Net Assets 2023: -$679,3222023Assets 2024: $307,188Liabilities 2024: $994,425Net Assets 2024: -$687,2372024

Highlighted filing

2024

Assets$307,188
Liabilities$994,425
Net Assets-$687,237

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2012: $235,1892012Expenses 2013: $232,5992013Revenue 2014: $182,210Expenses 2014: $177,871Net Income 2014: $4,3392014Revenue 2015: $161,662Expenses 2015: $186,022Net Income 2015: -$24,3602015Revenue 2016: $170,110Expenses 2016: $191,277Net Income 2016: -$21,1672016Revenue 2017: $181,044Expenses 2017: $202,766Net Income 2017: -$21,7222017Revenue 2018: $186,128Expenses 2018: $210,627Net Income 2018: -$24,4992018Revenue 2019: $191,428Expenses 2019: $221,494Net Income 2019: -$30,0662019Revenue 2020: $185,920Expenses 2020: $210,414Net Income 2020: -$24,4942020Revenue 2021: $183,910Expenses 2021: $184,198Net Income 2021: -$2882021Revenue 2022: $216,049Expenses 2022: $208,389Net Income 2022: $7,6602022Revenue 2023: $218,879Expenses 2023: $218,866Net Income 2023: $132023Revenue 2024: $242,339Expenses 2024: $250,254Net Income 2024: -$7,9152024

Highlighted filing

2024

Revenue$242,339
Expenses$250,254
Net Income-$7,915

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.99$0.69$0.24$0.25$0.01
2023Summary only. Only limited summary data is available for this year.$0.33$1.01$0.68$0.22$0.22$0.00
2022Summary only. Only limited summary data is available for this year.$0.35$1.03$0.68$0.22$0.21$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$1.02$0.69$0.18$0.18$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$1.04$0.69$0.19$0.21$0.02
2019Summary only. Only limited summary data is available for this year.$0.39$1.05$0.66$0.19$0.22$0.03
2018Summary only. Only limited summary data is available for this year.$0.42$1.05$0.63$0.19$0.21$0.02
2017Summary only. Only limited summary data is available for this year.$0.46$1.06$0.61$0.18$0.20$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$1.08$0.59$0.17$0.19$0.02
2015Summary only. Only limited summary data is available for this year.$0.51$1.08$0.56$0.16$0.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.51$1.05$0.54$0.18$0.18$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$1.05$0.53$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$1.07$0.51$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 10, 2025
Return Version
2024v5.1
Gross Receipts
$249,526
Mission and Program Overview

Mission

To provide twenty four (24) units of one-bedroom housing for low income elderly and disabled

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$226,487$213,158▼ $13,329
Savings and Temporary Cash Investments$79,089$69,159▼ $9,930
Prepaid Expenses and Deferred Charges$5,597$11,595▲ $5,998
Cash and Non-Interest-Bearing Accounts$13,979$10,290▼ $3,689
Accounts Receivable$3,306$2,986▼ $320
Total Assets$328,458$307,188▼ $21,270
Liabilities
Mortgage Notes Payable Secured by Investment Property$991,344$979,416▼ $11,928
Accounts Payable and Accrued Expenses$13,387$11,294▼ $2,093
Other Liabilities$3,049$3,715▲ $666
Total Liabilities$1,007,780$994,425▼ $13,355
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-679,322$-687,237▼ $7,915
Total Net Assets Fund Balance$-679,322$-687,237▼ $7,915
Total Liabilities and Net Assets / Fund Balance$328,458$307,188▼ $21,270

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$158,348$1,369,725$1,528,073
Equipment$34,810$117,214$152,024
Land$20,000-$20,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary BoucherPresident
Bethany Cheever-smithVice President
Cathy VoosDirector
Diane BarkerDirector
Duane SmithDirector
Theresa FultsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$228,212
Investment Income
$12,910
Other Revenue
$1,217
Change in Net Assets
$-7,915

Audited Revenue Reconciliation

Revenue per Audited Statements
$242,339
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$242,339
Total Revenue per Form 990
$242,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,254
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$116,251--$116,251
Depreciation Depletion$35,749--$35,749
Interest$28,345--$28,345
Fees for Services Other-$24,888-$24,888
Fees for Services Management-$22,320-$22,320
Insurance$12,588--$12,588
All Other Expenses-$8,895-$8,895
Office Expenses-$1,192-$1,192
Fees for Services Legal-$26-$26
Total Functional Expenses$192,933$57,321$0$250,254

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$250,254
Total Expenses per Audited Statements$250,254
Total Expenses per Form 990$250,254
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Tenant Security Deposits$3,715
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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 organizatino pays a fee to 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 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 united helpers management company.

Filing and Contact Details

Filer

Filer Name
Milltown Housing Development Fund
EIN
16-1292063
Phone
3156423273
Address
8130 SCHELL AVENUE, EVANS MILLS, NY 13637

Signing Officer

Name
Kelly Lowery
Title
Chief Financial Officer
Phone
3156423273
Signed
2025-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Amo
Formed
1989
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
Jill M Johnson CPA
Phone
7168563300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

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.

Path#Value
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0175637
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0185848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01024548
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012982
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013167
IRS990ScheduleA/InvestmentIncomeCYPct00.01260
IRS990ScheduleA/InvestmentIncomePYPct00.00500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01217
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01217
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98630
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt01032785
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0228212
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0218840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0216011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0183874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0185848
IRS990ScheduleA/Total509Grp/TotalAmt01032785
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0242411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0218879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0216049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0183910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0185920
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01047169
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0158348
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01369725
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01528073
IRS990ScheduleD/EquipmentGrp/BookValueAmt034810
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117214
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0152024
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0250254
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0242339
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0213158
IRS990ScheduleD/TotalExpensesPerForm990Amt0250254
IRS990ScheduleD/TotalLiabilityAmt03715
IRS990ScheduleD/TotalRevenuePerForm990Amt0242339
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0242339
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0250254
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATINO PAYS A FEE TO 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 UNITED HELPERS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST AT UNITED HELPERS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE 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 XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0328458
IRS990/TotalAssetsEOYAmt0307188
IRS990/TotalAssetsGrp/BOYAmt0328458
IRS990/TotalAssetsGrp/EOYAmt0307188
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057321
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0192933
IRS990/TotalFunctionalExpensesGrp/TotalAmt0250254
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01007780
IRS990/TotalLiabilitiesEOYAmt0994425
IRS990/TotalLiabilitiesGrp/BOYAmt01007780
IRS990/TotalLiabilitiesGrp/EOYAmt0994425
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-679322
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-687237
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0192933
IRS990/TotalProgramServiceRevenueAmt0228212
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt012910
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0229429
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0242339
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0328458
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0307188
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08130 SCHELL AVENUE
IRS990/USAddress/CityNm0EVANS MILLS
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013637
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY LOWERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03156423273
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILLTOWN HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0MILL
ReturnHeader/Filer/EIN0161292063
ReturnHeader/Filer/PhoneNum03156423273
ReturnHeader/Filer/USAddress/AddressLine1Txt08130 SCHELL AVENUE
ReturnHeader/Filer/USAddress/CityNm0EVANS MILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013637
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0160765486
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUMSDEN & MCCORMICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0369 FRANKLIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BUFFALO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014202
ReturnHeader/PreparerPersonGrp/PhoneNum07168563300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILL M JOHNSON CPA
ReturnHeader/ReturnTs02025-06-12T08:19:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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