Civic Intelligence

Hammond Housing Development Fund Company Inc.

990 • Fiscal year 2013 • EIN 16-1402959

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 03, 2014

102 1/2 Mill Street13646

(315) 393-3074

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

97th percentile

4.91x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

48th percentile

2.2%

Higher net margin than 48% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

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.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

38th percentile

-1.2%

Faster asset growth than 38% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$530,375

Down $6,455 (-1.2%) from 2012

Net Assets

Up

$43,305

Up $2,196 (+5.3%) from 2012

Liabilities

Down

$487,070

Down $8,651 (-1.7%) from 2012

Revenue

$99,112

No earlier filing loaded for comparison.

Expenses

Up

$96,916

Up $2,675 (+2.8%) from 2012

Net Income

$2,196

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $531,909Liabilities 2010: $511,694Net Assets 2010: $20,2152010Assets 2011: $552,404Liabilities 2011: $509,935Net Assets 2011: $42,4692011Assets 2012: $536,830Liabilities 2012: $495,721Net Assets 2012: $41,1092012Assets 2013: $530,375Liabilities 2013: $487,070Net Assets 2013: $43,3052013Assets 2014: $518,743Liabilities 2014: $479,572Net Assets 2014: $39,1712014Assets 2015: $498,250Liabilities 2015: $468,390Net Assets 2015: $29,8602015Assets 2016: $484,258Liabilities 2016: $458,210Net Assets 2016: $26,0482016Assets 2017: $462,774Liabilities 2017: $445,258Net Assets 2017: $17,5162017Assets 2018: $451,207Liabilities 2018: $429,520Net Assets 2018: $21,6872018Assets 2019: $432,374Liabilities 2019: $415,741Net Assets 2019: $16,6332019Assets 2020: $422,162Liabilities 2020: $406,913Net Assets 2020: $15,2492020Assets 2021: $427,669Liabilities 2021: $383,945Net Assets 2021: $43,7242021Assets 2022: $439,862Liabilities 2022: $370,893Net Assets 2022: $68,9692022Assets 2023: $434,574Liabilities 2023: $348,452Net Assets 2023: $86,1222023Assets 2024: $411,444Liabilities 2024: $331,494Net Assets 2024: $79,9502024

Highlighted filing

2013

Assets$530,375
Liabilities$487,070
Net Assets$43,305

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $87,3862010Expenses 2011: $100,8802011Expenses 2012: $94,2412012Revenue 2013: $99,112Expenses 2013: $96,916Net Income 2013: $2,1962013Revenue 2014: $98,174Expenses 2014: $102,308Net Income 2014: -$4,1342014Revenue 2015: $95,129Expenses 2015: $104,440Net Income 2015: -$9,3112015Revenue 2016: $99,633Expenses 2016: $103,445Net Income 2016: -$3,8122016Revenue 2017: $101,408Expenses 2017: $109,939Net Income 2017: -$8,5312017Revenue 2018: $107,097Expenses 2018: $102,926Net Income 2018: $4,1712018Revenue 2019: $101,204Expenses 2019: $106,258Net Income 2019: -$5,0542019Revenue 2020: $102,500Expenses 2020: $103,879Net Income 2020: -$1,3792020Revenue 2021: $117,827Expenses 2021: $89,352Net Income 2021: $28,4752021Revenue 2022: $112,771Expenses 2022: $87,526Net Income 2022: $25,2452022Revenue 2023: $112,168Expenses 2023: $95,015Net Income 2023: $17,1532023Revenue 2024: $105,671Expenses 2024: $111,843Net Income 2024: -$6,1722024

Highlighted filing

2013

Revenue$99,112
Expenses$96,916
Net Income$2,196
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 3, 2014
Return Version
2013v3.0
Gross Receipts
$99,112
Mission and Program Overview

Mission

Provide tweleve (12) units of one bedroom housing to low income elderly.

Provide twelve (12) units of one-bedroom housing to low income elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$489,674$467,410▼ $22,264
Savings and Temporary Cash Investments$25,929$36,053▲ $10,124
Cash and Non-Interest-Bearing Accounts$15,084$20,579▲ $5,495
Prepaid Expenses and Deferred Charges$5,821$5,917▲ $96
Accounts Receivable$322$416▲ $94
Total Assets$536,830$530,375▼ $6,455
Liabilities
Mortgage Notes Payable Secured by Investment Property$493,094$484,387▼ $8,707
Accounts Payable and Accrued Expenses$1,716$1,779▲ $63
Escrow Account Liability$911$904▼ $7
Total Liabilities$495,721$487,070▼ $8,651
Net Assets / Fund Balance
Unrestricted Net Assets$41,109$43,305▲ $2,196
Total Net Assets Fund Balance$41,109$43,305▲ $2,196
Total Liabilities and Net Assets / Fund Balance$536,830$530,375▼ $6,455

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$382,656$237,764$620,420
Equipment$39,464$51,501$90,965
Other Land Buildings$37,790$26,879$64,669
Leasehold Improvements$5,877$18,214$24,091
Land$1,623-$1,623
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$98,502
Investment Income
$93
Other Revenue
$517
Change in Net Assets
$2,196
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,202
Salaries, Compensation, and Employee Benefits$714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$31,033--$31,033
Occupancy$21,806--$21,806
Fees for Services Other$18,481--$18,481
Fees for Services Management-$8,352-$8,352
Insurance-$6,195-$6,195
Fees for Services Accounting-$5,984-$5,984
Office Expenses$3,849--$3,849
Other Employee Benefits$714--$714
Advertising$172--$172
Other Expenses$96$35-$35
Total Functional Expenses$76,151$20,765$0$96,916
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 11

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 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.

Form 990, Part VII

Stuart casanova - 159 riverledge road, hammond, ny 13646. Sherry furgison - po box 181, hammond, ny 13646. Erica demick - 66 s. Main st., hammond, ny 13646. Eleanor hollister - 118 soper avenue, hammond, ny 13646. Lauren peters - 397 county route 8, hammond, ny 13646. William sheridan - 29 livingston drive, hammond, ny 13646. Judy sunderland - 569 state highway 37, hammond, ny 13646. George mathews - 399 sand street road, hammond, ny 13646.

Filing and Contact Details

Filer

EIN
16-1402959
Phone
3153933074

Signing Officer

Name
James E Morrison
Title
Director of Finance
Phone
3153933074
Signed
2014-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen E Knight
Formed
1990
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Preparer
Thomas Peet
Phone
3152656080
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Maintenance and labor contract: program service expenses 18,481. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,481.

FORM 990, PART XII, LINE 2C:

No change from prior year

Financial Statement Notes

PART IV, LINE 2B:

TENANT SECURITY DEPOSITS

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IRS990ScheduleA/PublicSupportPY509Pct00.99280
IRS990ScheduleA/PublicSupportTotal509Amt0564860
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt098502
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt092274
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0122352
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0131484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0120248
IRS990ScheduleA/Total509Grp/TotalAmt0564860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt099112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt092881
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0123134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0132147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0121048
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0568322
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0382656
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0237764
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0620420
IRS990ScheduleD/EquipmentGrp/BookValueAmt039464
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051501
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090965
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt01623
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01623
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05877
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt018214
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt024091
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037790
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026879
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt064669
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0467410
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 1023 AND 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/ExplanationTxt4STUART CASANOVA - 159 RIVERLEDGE ROAD, HAMMOND, NY 13646. SHERRY FURGISON - PO BOX 181, HAMMOND, NY 13646. ERICA DEMICK - 66 S. MAIN ST., HAMMOND, NY 13646. ELEANOR HOLLISTER - 118 SOPER AVENUE, HAMMOND, NY 13646. LAUREN PETERS - 397 COUNTY ROUTE 8, HAMMOND, NY 13646. WILLIAM SHERIDAN - 29 LIVINGSTON DRIVE, HAMMOND, NY 13646. JUDY SUNDERLAND - 569 STATE HIGHWAY 37, HAMMOND, NY 13646. GEORGE MATHEWS - 399 SAND STREET ROAD, HAMMOND, NY 13646.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MAINTENANCE AND LABOR CONTRACT: PROGRAM SERVICE EXPENSES 18,481. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,481.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
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 VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0536830
IRS990/TotalAssetsEOYAmt0530375
IRS990/TotalAssetsGrp/BOYAmt0536830
IRS990/TotalAssetsGrp/EOYAmt0530375
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020765
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt076151
IRS990/TotalFunctionalExpensesGrp/TotalAmt096916
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0495721
IRS990/TotalLiabilitiesEOYAmt0487070
IRS990/TotalLiabilitiesGrp/BOYAmt0495721
IRS990/TotalLiabilitiesGrp/EOYAmt0487070
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt041109
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt043305
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt076151
IRS990/TotalProgramServiceRevenueAmt098502
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt093
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099019
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099112
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0536830
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0530375
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt041109
IRS990/UnrestrictedNetAssetsGrp/EOYAmt043305
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10102 1/2 MILL STREET
IRS990/USAddress/City0HAMMOND
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode013646
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES E MORRISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum03153933074
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine10HAMMOND HOUSING DEVELOPMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0HAMM
ReturnHeader/Filer/EIN0161402959
ReturnHeader/Filer/PhoneNum03153933074
ReturnHeader/Filer/USAddress/AddressLine10102 1/2 MILL STREET
ReturnHeader/Filer/USAddress/City0HAMMOND
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode013646
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161207215
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PINTO MUCENSKI HOOPER VANHOUSE & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1042 MARKET STREET PO BOX 109
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0POTSDAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0136760109
ReturnHeader/PreparerPersonGrp/PhoneNum03152656080
ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-17

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.11$3.31$0.80$1.06$1.12$0.06
2023Detailed filing. Detailed filing data is available for this year.$4.35$3.48$0.86$1.12$0.95$0.17
2022Detailed filing. Detailed filing data is available for this year.$4.40$3.71$0.69$1.13$0.88$0.25
2021Detailed filing. Detailed filing data is available for this year.$4.28$3.84$0.44$1.18$0.89$0.28
2020Detailed filing. Detailed filing data is available for this year.$4.22$4.07$0.15$1.03$1.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.32$4.16$0.17$1.01$1.06$0.05
2018Detailed filing. Detailed filing data is available for this year.$4.51$4.30$0.22$1.07$1.03$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.63$4.45$0.18$1.01$1.10$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.84$4.58$0.26$1.00$1.03$0.04
2015Detailed filing. Detailed filing data is available for this year.$4.98$4.68$0.30$0.95$1.04$0.09
2014Detailed filing. Detailed filing data is available for this year.$5.19$4.80$0.39$0.98$1.02$0.04
2013Detailed filing. Detailed filing data is available for this year.$5.30$4.87$0.43$0.99$0.97$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$4.96$0.41$0.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$5.10$0.42$1.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$5.12$0.20$0.87
Peer Organizations

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