Civic Intelligence

Ludden Housing Development Fund Company Inc

990 • Fiscal year 2020 • EIN 16-1401398

Apr 01, 2019 to Mar 31, 2020 • Filed on Jul 21, 2020

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

81st percentile

1.37x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

6.26x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

64th percentile

2.9%

Higher net margin than 64% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-35%

Faster asset growth than 1% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

2.6%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$2,167,022

Down $1,144,783 (-35%) from 2019

Net Assets

Up

-$794,025

Up $13,495 (+1.7%) from 2019

Liabilities

Down

$2,961,047

Down $1,158,278 (-28%) from 2019

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin64th percentile

Revenue

Up

$473,288

Up $11,830 (+2.6%) from 2019

Expenses

Up

$459,793

Up $47,509 (+12%) from 2019

Net Income

Down

$13,495

Down $35,679 (-73%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st 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

2020

Assets$2,167,022
Liabilities$2,961,047
Net Assets-$794,025
Open 2020 Filing

Operations Trend

Revenue Growth52nd 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

2020

Revenue$473,288
Expenses$459,793
Net Income$13,495
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jul 21, 2020
Return Version
2019v5.1
Gross Receipts
$473,288
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$1,714,401$1,627,096▼ $87,305
Prepaid Expenses and Deferred Charges$24,971$25,320▲ $349
Cash and Non-Interest-Bearing Accounts$1,759$7,010▲ $5,251
Accounts Receivable$1,122,484$2,307▼ $1,120,177
Total Assets$3,311,805$2,167,022▼ $1,144,783
Other Assets Total$448,190$505,289▲ $57,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,974,235$2,935,739▼ $38,496
Other Liabilities$15,565$17,150▲ $1,585
Accounts Payable and Accrued Expenses$1,129,525$8,158▼ $1,121,367
Total Liabilities$4,119,325$2,961,047▼ $1,158,278
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-807,520$-794,025▲ $13,495
Total Net Assets Fund Balance$-807,520$-794,025▲ $13,495
Total Liabilities and Net Assets / Fund Balance$3,311,805$2,167,022▼ $1,144,783

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,595,156$2,227,700$3,822,856
Other Land Buildings$21,920$70,828$92,748
Equipment$10,020$11,622$21,642
Other Assets Org$211,126--
Compensation and Service Providers
Top Officer Pay51st 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
$466,274
Investment Income
$1,521
Other Revenue
$5,493
Change in Net Assets
$13,495

Audited Revenue Reconciliation

Revenue per Audited Statements
$473,288
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$473,288
Total Revenue per Form 990
$473,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$338,107
Salaries, Compensation, and Employee Benefits$121,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$95,812--$95,812
Other Salaries and Wages$93,865--$93,865
Interest$70,130--$70,130
Fees for Services Management-$31,354-$31,354
Office Expenses$8,445$22,468-$30,913
Insurance$28,388--$28,388
Other Employee Benefits$20,572--$20,572
Fees for Services Accounting-$12,969-$12,969
Occupancy$11,912--$11,912
Payroll Taxes$7,249--$7,249
Other Expenses$3,559--$3,559
All Other Expenses$2,629--$2,629
Advertising-$1,107-$1,107
Conferences and Meetings-$788-$788
Total Functional Expenses$391,107$68,686$0$459,793

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$459,793
Total Expenses per Audited Statements$459,793
Total Expenses per Form 990$459,793
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$17,150
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 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, 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
2020-07-21
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/BOYAmt01129525
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt08158
IRS990/AccountsReceivableGrp/BOYAmt01122484
IRS990/AccountsReceivableGrp/EOYAmt02307
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LOW-INCOME HOUSING PROJECT
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01107
IRS990/AdvertisingGrp/TotalAmt01107
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/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01759
IRS990/CashNonInterestBearingGrp/EOYAmt07010
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0788
IRS990/ConferencesMeetingsGrp/TotalAmt0788
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01521
IRS990/CYOtherExpensesAmt0338107
IRS990/CYOtherRevenueAmt05493
IRS990/CYProgramServiceRevenueAmt0466274
IRS990/CYRevenuesLessExpensesAmt013495
IRS990/CYSalariesCompEmpBnftPaidAmt0121686
IRS990/CYTotalExpensesAmt0459793
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0473288
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt095812
IRS990/DepreciationDepletionGrp/TotalAmt095812
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/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0391107
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012969
IRS990/FeesForServicesAccountingGrp/TotalAmt012969
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt031354
IRS990/FeesForServicesManagementGrp/TotalAmt031354
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/GrossReceiptsAmt0473288
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028388
IRS990/InsuranceGrp/TotalAmt028388
IRS990/InterestGrp/ProgramServicesAmt070130
IRS990/InterestGrp/TotalAmt070130
IRS990/InvestmentIncomeGrp/ExclusionAmt01521
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01521
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02310150
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01714401
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01627096
IRS990/LandBldgEquipCostOrOtherBssAmt03937246
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/BOYAmt02974235
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02935739
IRS990/NetAssetsOrFundBalancesBOYAmt0-807520
IRS990/NetAssetsOrFundBalancesEOYAmt0-794025
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-807520
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-794025
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt011912
IRS990/OccupancyGrp/TotalAmt011912
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022468
IRS990/OfficeExpensesGrp/ProgramServicesAmt08445
IRS990/OfficeExpensesGrp/TotalAmt030913
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0448190
IRS990/OtherAssetsTotalGrp/EOYAmt0505289
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020572
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020572
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL & MAIN
IRS990/OtherExpensesGrp/Desc1SEWER USE TAX
IRS990/OtherExpensesGrp/Desc2AMORTIZATION
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt026432
IRS990/OtherExpensesGrp/ProgramServicesAmt117834
IRS990/OtherExpensesGrp/ProgramServicesAmt24280
IRS990/OtherExpensesGrp/ProgramServicesAmt33559
IRS990/OtherExpensesGrp/TotalAmt026432
IRS990/OtherExpensesGrp/TotalAmt117834
IRS990/OtherExpensesGrp/TotalAmt24280
IRS990/OtherExpensesGrp/TotalAmt33559
IRS990/OtherLiabilitiesGrp/BOYAmt015565
IRS990/OtherLiabilitiesGrp/EOYAmt017150
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY & VENDING REVE
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt02718
IRS990/OtherRevenueMiscGrp/ExclusionAmt12675
IRS990/OtherRevenueMiscGrp/ExclusionAmt2100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02718
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12675
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2100
IRS990/OtherRevenueTotalAmt05493
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt093865
IRS990/OtherSalariesAndWagesGrp/TotalAmt093865
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt07249
IRS990/PayrollTaxesGrp/TotalAmt07249
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024971
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025320
IRS990/PrincipalOfficerNm0BEATRICE MALFITANO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME - NET OF
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0466274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0466274
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01756
IRS990/PYOtherExpensesAmt0288991
IRS990/PYOtherRevenueAmt02826
IRS990/PYProgramServiceRevenueAmt0456876
IRS990/PYRevenuesLessExpensesAmt049174
IRS990/PYSalariesCompEmpBnftPaidAmt0123293
IRS990/PYTotalExpensesAmt0412284
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0461458
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt013495
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0466274
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01521
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01756
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01342
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01205
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0466274
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0456876
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0463295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0457680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0454001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02298126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01521
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01756
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01342
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01205
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07588
IRS990ScheduleA/InvestmentIncomeCYPct00.00330
IRS990ScheduleA/InvestmentIncomePYPct00.00310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05493
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02826
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02816
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03422
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04067
IRS990ScheduleA/OtherIncome509Grp/TotalAmt018624
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98870
IRS990ScheduleA/PublicSupportPY509Pct00.98910
IRS990ScheduleA/PublicSupportTotal509Amt02298126
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0466274
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0456876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0463295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0457680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0454001
IRS990ScheduleA/Total509Grp/TotalAmt02298126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0473288
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0461458
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0467875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0462444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0459273
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02324338
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01595156
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02227700
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03822856
IRS990ScheduleD/EquipmentGrp/BookValueAmt010020
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011622
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021642
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0459793
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt017150
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17353
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt234190
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3235470
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4211126
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DEPOSITS - OTHER
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021920
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070828
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt092748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0473288
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/TotalBookValueLandBuildingsAmt01627096
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0505289
IRS990ScheduleD/TotalExpensesPerForm990Amt0459793
IRS990ScheduleD/TotalLiabilityAmt017150
IRS990ScheduleD/TotalRevenuePerForm990Amt0473288
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0473288
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0459793
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03311805
IRS990/TotalAssetsEOYAmt02167022
IRS990/TotalAssetsGrp/BOYAmt03311805
IRS990/TotalAssetsGrp/EOYAmt02167022
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068686
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0391107
IRS990/TotalFunctionalExpensesGrp/TotalAmt0459793
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04119325
IRS990/TotalLiabilitiesEOYAmt02961047
IRS990/TotalLiabilitiesGrp/BOYAmt04119325
IRS990/TotalLiabilitiesGrp/EOYAmt02961047
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-807520
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-794025
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0391107
IRS990/TotalProgramServiceRevenueAmt0466274
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07014
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0466274
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0473288
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03311805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02167022
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
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

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,167,022
Liabilities
$2,961,047
Net assets
-$794,025
Revenue
$473,288
Expenses
$459,793
Net income
$13,495
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