Civic Intelligence

Ludden Housing Development Fund Company Inc

990 • Fiscal year 2019 • EIN 16-1401398

Apr 01, 2018 to Mar 31, 2019 • Filed on Jul 01, 2019

Organization ProfileWWW.CHRISTOPHER-COMMUNITY.ORG
817 Fay RoadSyracuse, NY 13219

(315) 424-1821

Siviq Scores

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

Liabilities / Assets

75th percentile

1.24x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

8.93x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Net Margin

77th percentile

11%

Higher net margin than 77% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

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.

2019 filings • NTEE L • $1M-$5M nonprofits • Source year 2019

Asset Growth

98th percentile

86%

Faster asset growth than 98% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-1.4%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$3,311,805

Up $1,533,020 (+86%) from 2018

Net Assets

Up

-$807,520

Up $49,174 (+5.7%) from 2018

Liabilities

Up

$4,119,325

Up $1,483,846 (+56%) from 2018

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin77th percentile

Revenue

Down

$461,458

Down $6,417 (-1.4%) from 2018

Expenses

Up

$412,284

Up $50,585 (+14%) from 2018

Net Income

Down

$49,174

Down $57,002 (-54%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $849,456Liabilities 2011: $1,829,159Net Assets 2011: -$979,7032011Assets 2012: $776,911Liabilities 2012: $1,787,117Net Assets 2012: -$1,010,2062012Assets 2013: $1,211,821Liabilities 2013: $2,229,368Net Assets 2013: -$1,017,5472013Assets 2014: $1,160,520Liabilities 2014: $2,175,665Net Assets 2014: -$1,015,1452014Assets 2015: $1,145,616Liabilities 2015: $2,140,226Net Assets 2015: -$994,6102015Assets 2016: $1,132,089Liabilities 2016: $2,101,798Net Assets 2016: -$969,7092016Assets 2017: $1,000,925Liabilities 2017: $1,963,795Net Assets 2017: -$962,8702017Assets 2018: $1,778,785Liabilities 2018: $2,635,479Net Assets 2018: -$856,6942018Assets 2019: $3,311,805Liabilities 2019: $4,119,325Net Assets 2019: -$807,5202019Assets 2020: $2,167,022Liabilities 2020: $2,961,047Net Assets 2020: -$794,0252020Assets 2021: $2,158,325Liabilities 2021: $2,923,327Net Assets 2021: -$765,0022021Assets 2022: $2,163,807Liabilities 2022: $2,889,984Net Assets 2022: -$726,1772022Assets 2023: $2,150,187Liabilities 2023: $2,854,181Net Assets 2023: -$703,9942023Assets 2024: $2,150,853Liabilities 2024: $2,798,239Net Assets 2024: -$647,3862024

Highlighted filing

2019

Assets$3,311,805
Liabilities$4,119,325
Net Assets-$807,520
Open 2019 Filing

Operations Trend

Revenue Growth27th percentile

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

$600K$400K$200K$0Expenses 2011: $487,5102011Expenses 2012: $474,5872012Expenses 2013: $452,9392013Revenue 2014: $447,601Expenses 2014: $445,199Net Income 2014: $2,4022014Revenue 2015: $453,406Expenses 2015: $432,871Net Income 2015: $20,5352015Revenue 2016: $459,273Expenses 2016: $434,372Net Income 2016: $24,9012016Revenue 2017: $462,444Expenses 2017: $455,605Net Income 2017: $6,8392017Revenue 2018: $467,875Expenses 2018: $361,699Net Income 2018: $106,1762018Revenue 2019: $461,458Expenses 2019: $412,284Net Income 2019: $49,1742019Revenue 2020: $473,288Expenses 2020: $459,793Net Income 2020: $13,4952020Revenue 2021: $489,623Expenses 2021: $460,600Net Income 2021: $29,0232021Revenue 2022: $510,764Expenses 2022: $471,939Net Income 2022: $38,8252022Revenue 2023: $514,336Expenses 2023: $492,153Net Income 2023: $22,1832023Revenue 2024: $540,923Expenses 2024: $484,315Net Income 2024: $56,6082024

Highlighted filing

2019

Revenue$461,458
Expenses$412,284
Net Income$49,174
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Jul 1, 2019
Return Version
2018v3.1
Gross Receipts
$461,458
Mission and Program Overview

Mission

The organization was organized solely and specifically to develop, own, and operate a low-income housing project on a non-profit basis pursuant to article xi of the private housing finance law of the state of new york.

Low-income housing project

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$721,598$1,714,401▲ $992,803
Accounts Receivable$358,673$1,122,484▲ $763,811
Prepaid Expenses and Deferred Charges$24,253$24,971▲ $718
Cash and Non-Interest-Bearing Accounts$10,511$1,759▼ $8,752
Total Assets$1,778,785$3,311,805▲ $1,533,020
Other Assets Total$663,750$448,190▼ $215,560
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,252,389$2,974,235▲ $721,846
Accounts Payable and Accrued Expenses$367,020$1,129,525▲ $762,505
Other Liabilities$16,070$15,565▼ $505
Total Liabilities$2,635,479$4,119,325▲ $1,483,846
Net Assets / Fund Balance
Unrestricted Net Assets$-856,694$-807,520▲ $49,174
Total Net Assets Fund Balance$-856,694$-807,520▲ $49,174
Total Liabilities and Net Assets / Fund Balance$1,778,785$3,311,805▲ $1,533,020

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,677,001$2,137,348$3,814,349
Other Land Buildings$26,114$66,634$92,748
Equipment$11,286$10,356$21,642
Other Assets Org$144,979--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Beatrice MalfitanoPresident
Elizabeth MathersMember
Robert HawleyMember
Ruth PierceMember
Linda DelaneySecretary
Henry CentoreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$456,876
Investment Income
$1,756
Other Revenue
$2,826
Change in Net Assets
$49,174

Audited Revenue Reconciliation

Revenue per Audited Statements
$461,458
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$461,458
Total Revenue per Form 990
$461,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,991
Salaries, Compensation, and Employee Benefits$123,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,171--$99,171
Interest$71,542--$71,542
Depreciation Depletion$59,408--$59,408
Office Expenses$9,325$21,666-$30,991
Fees for Services Management-$30,180-$30,180
Insurance$27,826--$27,826
Other Employee Benefits$16,102--$16,102
Occupancy$13,812--$13,812
Fees for Services Accounting-$12,969-$12,969
Payroll Taxes$8,020--$8,020
Other Expenses$3,621--$3,621
All Other Expenses$2,629--$2,629
Advertising-$985-$985
Conferences and Meetings-$138-$138
Total Functional Expenses$346,346$65,938$0$412,284

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$412,284
Total Expenses per Audited Statements$412,284
Total Expenses per Form 990$412,284
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$15,565
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Part VI, Section A, Line 3

“The organization delegated control over management duties to christopher community under the direct supervision of the board of directors. This includes bookkeeping, property management and personnel related functions.”

Form 990, Part VI, Section B, Line 11B

“The vp of finance for the managing agent receives the 990 from the auditor and reviews the form. The 990 is reviewed by the cpa as a part of the annual audit meeting prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“The managing agent reviews the conflict of interest statements signed by board members annually for each property. If a conflict arises the managing agent monitors the transaction to ensure it is conducted at arms-length. He managing agent discourages this type of relationship and recommends an alternative situation if at all possible.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ludden Housing Development Fund
EIN
16-1401398
Phone
3154241821
Address
817 FAY ROAD, SYRACUSE, NY 13219

Signing Officer

Name
Beatrice Malfitano
Title
President
Phone
3154241821
Signed
2019-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beatrice Malfitano
Formed
1988
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Firm
Dermody Burke & Brown Cpas LLC
Address
443 N FRANKLIN ST STE 100, SYRACUSE, NY 13204-1441
Preparer
David J De Silva
Phone
3154719171
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Income taxes the corporation has been determined to be exempt from federal income taxation under section 501(c)(3) of the internal revenue code and have been classified as an organization that is not a private foundation under section 509(a). Management is unaware of any unrelated business activities that may be subject to unrelated business income tax or any activities that would jeopardize the corporation's exempt status.”

Raw XML AppendixShowing 400 of 438 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0367020
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01129525
IRS990/AccountsReceivableGrp/BOYAmt0358673
IRS990/AccountsReceivableGrp/EOYAmt01122484
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW-INCOME HOUSING PROJECT
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0985
IRS990/AdvertisingGrp/TotalAmt0985
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02629
IRS990/AllOtherExpensesGrp/TotalAmt02629
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTOPHER COMMUNITY INC
IRS990/BooksInCareOfDetail/PhoneNum03154241821
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0990 JAMES STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SYRACUSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013203
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt010511
IRS990/CashNonInterestBearingGrp/EOYAmt01759
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0138
IRS990/ConferencesMeetingsGrp/TotalAmt0138
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01756
IRS990/CYOtherExpensesAmt0288991
IRS990/CYOtherRevenueAmt02826
IRS990/CYProgramServiceRevenueAmt0456876
IRS990/CYRevenuesLessExpensesAmt049174
IRS990/CYSalariesCompEmpBnftPaidAmt0123293
IRS990/CYTotalExpensesAmt0412284
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0461458
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt059408
IRS990/DepreciationDepletionGrp/TotalAmt059408
IRS990/Desc0LUDDEN HOUSING DEVELOPMENT FUND COMPANY, INC. OPERATES A FEDERALLY SUBSIDIZED, 49-UNIT LOW-INCOME HOUSING PROJECT FOR THE ELDERLY, ON A NONPROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0346346
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012969
IRS990/FeesForServicesAccountingGrp/TotalAmt012969
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt030180
IRS990/FeesForServicesManagementGrp/TotalAmt030180
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BEATRICE MALFITANO
IRS990/Form990PartVIISectionAGrp/PersonNm1ELIZABETH MATHERS
IRS990/Form990PartVIISectionAGrp/PersonNm2HENRY CENTORE
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA DELANEY
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT HAWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5RUTH PIERCE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0461458
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt027826
IRS990/InsuranceGrp/TotalAmt027826
IRS990/InterestGrp/ProgramServicesAmt071542
IRS990/InterestGrp/TotalAmt071542
IRS990/InvestmentIncomeGrp/ExclusionAmt01756
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01756
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02214338
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0721598
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01714401
IRS990/LandBldgEquipCostOrOtherBssAmt03928739
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN, AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NON-PROFIT BASIS PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02252389
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02974235
IRS990/NetAssetsOrFundBalancesBOYAmt0-856694
IRS990/NetAssetsOrFundBalancesEOYAmt0-807520
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt013812
IRS990/OccupancyGrp/TotalAmt013812
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021666
IRS990/OfficeExpensesGrp/ProgramServicesAmt09325
IRS990/OfficeExpensesGrp/TotalAmt030991
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0663750
IRS990/OtherAssetsTotalGrp/EOYAmt0448190
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016102
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016102
IRS990/OtherExpensesGrp/Desc0SEWER USE TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc2AMORTIZATION
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt016952
IRS990/OtherExpensesGrp/ProgramServicesAmt113658
IRS990/OtherExpensesGrp/ProgramServicesAmt24280
IRS990/OtherExpensesGrp/ProgramServicesAmt33621
IRS990/OtherExpensesGrp/TotalAmt016952
IRS990/OtherExpensesGrp/TotalAmt113658
IRS990/OtherExpensesGrp/TotalAmt24280
IRS990/OtherExpensesGrp/TotalAmt33621
IRS990/OtherLiabilitiesGrp/BOYAmt016070
IRS990/OtherLiabilitiesGrp/EOYAmt015565
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING REVE
IRS990/OtherRevenueMiscGrp/Desc1TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02611
IRS990/OtherRevenueMiscGrp/ExclusionAmt1210
IRS990/OtherRevenueMiscGrp/ExclusionAmt25
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02611
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1210
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25
IRS990/OtherRevenueTotalAmt02826
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt099171
IRS990/OtherSalariesAndWagesGrp/TotalAmt099171
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08020
IRS990/PayrollTaxesGrp/TotalAmt08020
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024253
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024971
IRS990/PrincipalOfficerNm0BEATRICE MALFITANO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME - NET OF
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0456876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0456876
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01764
IRS990/PYOtherExpensesAmt0247933
IRS990/PYOtherRevenueAmt02816
IRS990/PYProgramServiceRevenueAmt0463295
IRS990/PYRevenuesLessExpensesAmt0106176
IRS990/PYSalariesCompEmpBnftPaidAmt0113766
IRS990/PYTotalExpensesAmt0361699
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0467875
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt049174
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0456876
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01756
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01342
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01205
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01146
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0456876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0463295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0457680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0454001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0447535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02279387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01756
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01342
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01205
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07213
IRS990ScheduleA/InvestmentIncomeCYPct00.00310
IRS990ScheduleA/InvestmentIncomePYPct00.00280
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02826
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02816
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03422
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04067
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04725
IRS990ScheduleA/OtherIncome509Grp/TotalAmt017856
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98910
IRS990ScheduleA/PublicSupportPY509Pct00.98870
IRS990ScheduleA/PublicSupportTotal509Amt02279387
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0456876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0463295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0457680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0454001
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0447535
IRS990ScheduleA/Total509Grp/TotalAmt02279387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0461458
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0467875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0462444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0459273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0453406
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02304456
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01677001
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02137348
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03814349
IRS990ScheduleD/EquipmentGrp/BookValueAmt011286
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010356
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021642
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0412284
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015565
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17328
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt243278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3237040
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4144979
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DEPOSITS - OTHER
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026114
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt066634
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt092748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0461458
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES THE CORPORATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAVE BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE CORPORATION'S EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01714401
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0448190
IRS990ScheduleD/TotalExpensesPerForm990Amt0412284
IRS990ScheduleD/TotalLiabilityAmt015565
IRS990ScheduleD/TotalRevenuePerForm990Amt0461458
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0461458
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0412284
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHRISTOPHER COMMUNITY UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. THIS INCLUDES BOOKKEEPING, PROPERTY MANAGEMENT AND PERSONNEL RELATED FUNCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VP OF FINANCE FOR THE MANAGING AGENT RECEIVES THE 990 FROM THE AUDITOR AND REVIEWS THE FORM. THE 990 IS REVIEWED BY THE CPA AS A PART OF THE ANNUAL AUDIT MEETING PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MANAGING AGENT REVIEWS THE CONFLICT OF INTEREST STATEMENTS SIGNED BY BOARD MEMBERS ANNUALLY FOR EACH PROPERTY. IF A CONFLICT ARISES THE MANAGING AGENT MONITORS THE TRANSACTION TO ENSURE IT IS CONDUCTED AT ARMS-LENGTH. HE MANAGING AGENT DISCOURAGES THIS TYPE OF RELATIONSHIP AND RECOMMENDS AN ALTERNATIVE SITUATION IF AT ALL POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01778785
IRS990/TotalAssetsEOYAmt03311805
IRS990/TotalAssetsGrp/BOYAmt01778785
IRS990/TotalAssetsGrp/EOYAmt03311805
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065938
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0346346
IRS990/TotalFunctionalExpensesGrp/TotalAmt0412284
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02635479
IRS990/TotalLiabilitiesEOYAmt04119325
IRS990/TotalLiabilitiesGrp/BOYAmt02635479
IRS990/TotalLiabilitiesGrp/EOYAmt04119325
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-856694
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-807520
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0346346
IRS990/TotalProgramServiceRevenueAmt0456876
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04582
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0456876
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0461458
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01778785
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03311805
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-856694
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-807520
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0817 FAY ROAD
IRS990/USAddress/CityNm0SYRACUSE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013219
IRS990/VotingMembersGoverningBodyCnt06

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,311,805
Liabilities
$4,119,325
Net assets
-$807,520
Revenue
$461,458
Expenses
$412,284
Net income
$49,174
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.15$2.80$0.65$0.54$0.48$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.15$2.85$0.70$0.51$0.49$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.16$2.89$0.73$0.51$0.47$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.16$2.92$0.77$0.49$0.46$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.17$2.96$0.79$0.47$0.46$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.31$4.12$0.81$0.46$0.41$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.78$2.64$0.86$0.47$0.36$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.00$1.96$0.96$0.46$0.46$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.13$2.10$0.97$0.46$0.43$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.15$2.14$0.99$0.45$0.43$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.16$2.18$1.02$0.45$0.45$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$2.23$1.02$0.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$1.79$1.01$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$1.83$0.98$0.49