Civic Intelligence

Hermon Housing Development Fund Inc

EIN 16-1312766 • 501(c)3 • Hermon, NY

Profile

Provide sixteen (16) units of one-bedroom housing to low income elderly

103 Canton StreetHermon, NY 13652

www.unitedhelpers.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.20x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

4.43x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

43rd percentile

1.1%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

-1.9%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

2.8%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$520,168

Down $9,957 (-1.9%) from 2023

Liabilities

Down

$625,213

Down $11,566 (-1.8%) from 2023

Net Assets

Up

-$105,045

Up $1,609 (+1.5%) from 2023

Revenue

Up

$141,151

Up $3,782 (+2.8%) from 2023

Expenses

Up

$139,542

Up $13,202 (+10%) from 2023

Net Income

Down

$1,609

Down $9,420 (-85%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $691,840Liabilities 2010: $678,649Net Assets 2010: $13,1912010Assets 2011: $698,446Liabilities 2011: $678,386Net Assets 2011: $20,0602011Assets 2012: $675,312Liabilities 2012: $668,164Net Assets 2012: $7,1482012Assets 2013: $651,766Liabilities 2013: $661,451Net Assets 2013: -$9,6852013Assets 2014: $632,580Liabilities 2014: $658,505Net Assets 2014: -$25,9252014Assets 2015: $601,439Liabilities 2015: $652,236Net Assets 2015: -$50,7972015Assets 2016: $572,314Liabilities 2016: $646,309Net Assets 2016: -$73,9952016Assets 2017: $536,686Liabilities 2017: $636,806Net Assets 2017: -$100,1202017Assets 2018: $512,552Liabilities 2018: $627,430Net Assets 2018: -$114,8782018Assets 2019: $491,664Liabilities 2019: $619,220Net Assets 2019: -$127,5562019Assets 2020: $474,200Liabilities 2020: $610,250Net Assets 2020: -$136,0502020Assets 2021: $467,849Liabilities 2021: $595,083Net Assets 2021: -$127,2342021Assets 2022: $476,315Liabilities 2022: $593,998Net Assets 2022: -$117,6832022Assets 2023: $530,125Liabilities 2023: $636,779Net Assets 2023: -$106,6542023Assets 2024: $520,168Liabilities 2024: $625,213Net Assets 2024: -$105,0452024

Highlighted filing

2024

Assets$520,168
Liabilities$625,213
Net Assets-$105,045

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $110,6822010Expenses 2011: $124,0372011Revenue 2012: $108,966Expenses 2012: $121,878Net Income 2012: -$12,9122012Revenue 2013: $108,645Expenses 2013: $125,478Net Income 2013: -$16,8332013Revenue 2014: $109,602Expenses 2014: $125,842Net Income 2014: -$16,2402014Revenue 2015: $105,900Expenses 2015: $130,772Net Income 2015: -$24,8722015Revenue 2016: $110,676Expenses 2016: $133,874Net Income 2016: -$23,1982016Revenue 2017: $116,324Expenses 2017: $142,449Net Income 2017: -$26,1252017Revenue 2018: $119,296Expenses 2018: $134,054Net Income 2018: -$14,7582018Revenue 2019: $119,029Expenses 2019: $131,707Net Income 2019: -$12,6782019Revenue 2020: $119,922Expenses 2020: $128,416Net Income 2020: -$8,4942020Revenue 2021: $122,337Expenses 2021: $113,521Net Income 2021: $8,8162021Revenue 2022: $123,870Expenses 2022: $114,319Net Income 2022: $9,5512022Revenue 2023: $137,369Expenses 2023: $126,340Net Income 2023: $11,0292023Revenue 2024: $141,151Expenses 2024: $139,542Net Income 2024: $1,6092024

Highlighted filing

2024

Revenue$141,151
Expenses$139,542
Net Income$1,609

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.20$6.25$1.05$1.41$1.40$0.02
2023Detailed filing. Detailed filing data is available for this year.$5.30$6.37$1.07$1.37$1.26$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.76$5.94$1.18$1.24$1.14$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.68$5.95$1.27$1.22$1.14$0.09
2020Detailed filing. Detailed filing data is available for this year.$4.74$6.10$1.36$1.20$1.28$0.08
2019Detailed filing. Detailed filing data is available for this year.$4.92$6.19$1.28$1.19$1.32$0.13
2018Detailed filing. Detailed filing data is available for this year.$5.13$6.27$1.15$1.19$1.34$0.15
2017Detailed filing. Detailed filing data is available for this year.$5.37$6.37$1.00$1.16$1.42$0.26
2016Detailed filing. Detailed filing data is available for this year.$5.72$6.46$0.74$1.11$1.34$0.23
2015Detailed filing. Detailed filing data is available for this year.$6.01$6.52$0.51$1.06$1.31$0.25
2014Detailed filing. Detailed filing data is available for this year.$6.33$6.59$0.26$1.10$1.26$0.16
2013Detailed filing. Detailed filing data is available for this year.$6.52$6.61$0.10$1.09$1.25$0.17
2012Summary only. Only limited summary data is available for this year.$6.75$6.68$0.07$1.09$1.22$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.98$6.78$0.20$1.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$6.79$0.13$1.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$141,151
Mission and Program Overview

Mission

Provide sixteen (16) units of one-bedroom housing to low income elderly

Provide sixteen (16) units of one-bedroom housing to low income elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$403,334$390,693▼ $12,641
Savings and Temporary Cash Investments$84,699$95,255▲ $10,556
Cash and Non-Interest-Bearing Accounts$34,686$23,632▼ $11,054
Prepaid Expenses and Deferred Charges$7,406$9,955▲ $2,549
Pledges and Grants Receivable-$633-
Total Assets$530,125$520,168▼ $9,957
Liabilities
Mortgage Notes Payable Secured by Investment Property$632,240$616,520▼ $15,720
Accounts Payable and Accrued Expenses$3,271$6,845▲ $3,574
Other Liabilities$1,268$1,848▲ $580
Total Liabilities$636,779$625,213▼ $11,566
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-106,654$-105,045▲ $1,609
Total Net Assets Fund Balance$-106,654$-105,045▲ $1,609
Total Liabilities and Net Assets / Fund Balance$530,125$520,168▼ $9,957

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$380,194$660,780$1,040,974
Equipment$7,466$120,664$128,130
Land$3,033-$3,033
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen AllenPresident
Chris StranskyDirector
Dwayne BlandinDirector
Jane DoironDirector
John StranskyDirector
Rob WentzelDirector
Connie GreenSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$139,920
Investment Income
$91
Other Revenue
$1,140
Change in Net Assets
$1,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,542
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$63,424--$63,424
Depreciation Depletion$26,204--$26,204
Fees for Services Management-$15,360-$15,360
Fees for Services Other-$10,742-$10,742
Interest$9,895--$9,895
Insurance$8,682--$8,682
All Other Expenses$3,553$287-$3,840
Office Expenses-$1,389-$1,389
Conferences and Meetings-$6-$6
Total Functional Expenses$111,758$27,784$0$139,542
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$1,848
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 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 form 1023 and form 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.

Filing and Contact Details

Filer

Filer Name
Hermon Housing Development Fund Co Inc
EIN
16-1312766
Phone
3153933074
Address
103 CANTON STREET, HERMON, NY 13652
Doing Business As
Mcbrier Park Manor

Signing Officer

Name
Kelly Lowery
Title
Chief Financial Officer
Phone
3153933074
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Amo
Formed
1987
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

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 Appendix384 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/CurrentTaxYearMinus4YearsAmt0118884
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0639052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0133
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0450
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01140
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01099
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0903
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01056
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0948
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05146
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99130
IRS990ScheduleA/PublicSupportPY509Pct00.99100
IRS990ScheduleA/PublicSupportTotal509Amt0639052
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0139920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0136230
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0122871
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0121147
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0118884
IRS990ScheduleA/Total509Grp/TotalAmt0639052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0141151
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0137369
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0123870
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0122336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0119922
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0644648
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0380194
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0660780
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01040974
IRS990ScheduleD/EquipmentGrp/BookValueAmt07466
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120664
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0128130
IRS990ScheduleD/LandGrp/BookValueAmt03033
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0390693
IRS990ScheduleD/TotalLiabilityAmt01848
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 FORM 1023 AND FORM 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/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/TotalAssetsBOYAmt0530125
IRS990/TotalAssetsEOYAmt0520168
IRS990/TotalAssetsGrp/BOYAmt0530125
IRS990/TotalAssetsGrp/EOYAmt0520168
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027784
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0111758
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139542
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0636779
IRS990/TotalLiabilitiesEOYAmt0625213
IRS990/TotalLiabilitiesGrp/BOYAmt0636779
IRS990/TotalLiabilitiesGrp/EOYAmt0625213
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-106654
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-105045
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0111758
IRS990/TotalProgramServiceRevenueAmt0139920
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt091
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0141060
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0141151
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0530125
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0520168
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0103 CANTON STREET
IRS990/USAddress/CityNm0HERMON
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013652
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.UNITEDHELPERS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY LOWERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03153933074
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERMON HOUSING DEVELOPMENT FUND CO INC
ReturnHeader/Filer/BusinessNameControlTxt0HERM
ReturnHeader/Filer/EIN0161312766
ReturnHeader/Filer/PhoneNum03153933074
ReturnHeader/Filer/USAddress/AddressLine1Txt0103 CANTON STREET
ReturnHeader/Filer/USAddress/CityNm0HERMON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013652
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/PreparationDt02025-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILL M JOHNSON CPA
ReturnHeader/ReturnTs02025-05-02T10:04:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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