Civic Intelligence

Cds Housing Development Fund Corporation I

990 • Fiscal year 2015 • EIN 16-1425111

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 04, 2016

860 Hard RoadWebster, NY 14580

(585) 341-4600

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.81x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

4.90x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

9th percentile

-40%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

37th percentile

-4.2%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

5.8%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$271,349

Down $11,773 (-4.2%) from 2014

Net Assets

Down

$51,008

Down $18,152 (-26%) from 2014

Liabilities

Up

$220,341

Up $6,379 (+3.0%) from 2014

Revenue

Up

$44,967

Up $2,454 (+5.8%) from 2014

Expenses

Up

$63,119

Up $4,898 (+8.4%) from 2014

Net Income

Down

-$18,152

Down $2,444 (-16%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2010: $334,737Liabilities 2010: $216,618Net Assets 2010: $118,1192010Assets 2011: $323,859Liabilities 2011: $212,019Net Assets 2011: $111,8402011Assets 2012: $313,407Liabilities 2012: $212,294Net Assets 2012: $101,1132012Assets 2013: $303,589Liabilities 2013: $218,721Net Assets 2013: $84,8682013Assets 2014: $283,122Liabilities 2014: $213,962Net Assets 2014: $69,1602014Assets 2015: $271,349Liabilities 2015: $220,341Net Assets 2015: $51,0082015Assets 2016: $264,022Liabilities 2016: $233,515Net Assets 2016: $30,5072016Assets 2017: $252,531Liabilities 2017: $239,332Net Assets 2017: $13,1992017Assets 2018: $241,148Liabilities 2018: $231,306Net Assets 2018: $9,8422018Assets 2019: $229,377Liabilities 2019: $226,754Net Assets 2019: $2,6232019Assets 2020: $221,712Liabilities 2020: $213,154Net Assets 2020: $8,5582020Assets 2021: $209,154Liabilities 2021: $206,299Net Assets 2021: $2,8552021Assets 2022: $196,718Liabilities 2022: $205,970Net Assets 2022: -$9,2522022Assets 2023: $187,120Liabilities 2023: $194,866Net Assets 2023: -$7,7462023Assets 2024: $176,228Liabilities 2024: $177,008Net Assets 2024: -$7802024

Highlighted filing

2015

Assets$271,349
Liabilities$220,341
Net Assets$51,008

Operations Trend

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

$100K$50K$0-$50KExpenses 2010: $50,4632010Expenses 2011: $47,2142011Expenses 2012: $50,1532012Revenue 2013: $39,560Expenses 2013: $55,805Net Income 2013: -$16,2452013Revenue 2014: $42,513Expenses 2014: $58,221Net Income 2014: -$15,7082014Revenue 2015: $44,967Expenses 2015: $63,119Net Income 2015: -$18,1522015Revenue 2016: $44,339Expenses 2016: $64,840Net Income 2016: -$20,5012016Revenue 2017: $45,201Expenses 2017: $62,509Net Income 2017: -$17,3082017Revenue 2018: $59,293Expenses 2018: $62,650Net Income 2018: -$3,3572018Revenue 2019: $58,999Expenses 2019: $66,218Net Income 2019: -$7,2192019Revenue 2020: $64,246Expenses 2020: $58,311Net Income 2020: $5,9352020Revenue 2021: $66,498Expenses 2021: $72,201Net Income 2021: -$5,7032021Revenue 2022: $67,903Expenses 2022: $80,010Net Income 2022: -$12,1072022Revenue 2023: $73,754Expenses 2023: $72,248Net Income 2023: $1,5062023Revenue 2024: $82,275Expenses 2024: $75,309Net Income 2024: $6,9662024

Highlighted filing

2015

Revenue$44,967
Expenses$63,119
Net Income-$18,152
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 4, 2016
Return Version
2015v2.1
Gross Receipts
$44,967
Mission and Program Overview

Mission

To provide housing for disabled adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$265,214$253,733▼ $11,481
Savings and Temporary Cash Investments$14,625$15,558▲ $933
Cash and Non-Interest-Bearing Accounts$1,420$1,140▼ $280
Accounts Receivable$651--
Total Assets$283,122$271,349▼ $11,773
Other Assets Total$1,212$918▼ $294
Liabilities
Other Liabilities$212,309$216,822▲ $4,513
Accounts Payable and Accrued Expenses$1,653$3,519▲ $1,866
Total Liabilities$213,962$220,341▲ $6,379
Net Assets / Fund Balance
Unrestricted Net Assets$69,160$51,008▼ $18,152
Total Net Assets Fund Balance$69,160$51,008▼ $18,152
Total Liabilities and Net Assets / Fund Balance$283,122$271,349▼ $11,773

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$213,733$229,342$443,075
Land$40,000-$40,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark PetersonChair
Sankar SewnauthCEO/president
Joseph GabrielVice Chair
Judy ConsadineVice President of Finance
Gregory GribbenSecretary
William WoodardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,558
Investment Income
$5
Other Revenue
$9,404
Change in Net Assets
$-18,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$55,312
Salaries, Compensation, and Employee Benefits$7,807
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$37,165--$37,165
Depreciation Depletion$11,775--$11,775
Other Salaries and Wages$2,125$4,193-$6,318
Fees for Services Management-$2,489-$2,489
Fees for Services Accounting-$2,120-$2,120
Insurance$1,636--$1,636
Other Employee Benefits$229$777-$1,006
Payroll Taxes$162$321-$483
Office Expenses-$127-$127
Total Functional Expenses$53,092$10,027$0$63,119
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
Refundable Advance$163,788
Due to Related Party$52,116
Tenant Security Deposits$918
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Cds monarch, inc. Acts as managing agent for the coporation.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed by the board of directors prior to filing.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cds Housing Development Fund
EIN
16-1425111
Phone
5853414600
Address
860 HARD ROAD, WEBSTER, NY 14580

Signing Officer

Name
Judy Consadine
Title
Vice President of Finance
Phone
5853414600
Signed
2016-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sankar Sewnauth
Formed
1993
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Bonadio & Co Llp
Address
171 SULLYS TRAIL SUITE 201, PITTSFORD, NY 14534
Preparer
Richard Leicht
Phone
5853811000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee to oversee the financial statement audit and the selection of the independent auditor. This process has not changed from prior year.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0790
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt15727
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SANKAR SEWNAUTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JUDY CONSADINE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT OF FINANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0455304
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1152950
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CDS MONARCH, INC. ACTS AS MANAGING AGENT FOR THE COPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED 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 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0275336675
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1464688864
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROVIDES HOUSING TO PERSONS OF LOW INCOME
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1PROVIDES HOUSING TO PERSONS OF LOW INCOME
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MONARCH SENIOR LIVING GP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1CDS MSL MM LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0860 HARD ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1860 HARD ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0WEBSTER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1WEBSTER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd014580
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd114580
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0275336936
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1320432300
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0PROVIDES HOUSING TO PERSONS OF LOW INCOME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1PROVIDES HOUSING TO PERSONS OF LOW INCOME
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0MONARCH SENIOR LIVING LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1CDS MONARCH SENIOR LIVING HARD ROAD 1 LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0840 HOLT ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt1860 HARD ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0WEBSTER
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1WEBSTER
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd014580
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd114580
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CDS MONARCH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CONFAC GROUP HOMES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2LTR HOUSING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3JNG INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4THE WOLF FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5MSL HOUSING DEVELOPMENT FUND CORPORATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6CDS MSL HARD ROAD 1 HOUSING DEVELOPMENT FUND CORPORATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7ICIRCLE SERVICES OF THE FINGER LAKES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0161089115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222342953
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2161605654
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3201950813
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4204311706
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5273407765
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6465005617
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN7462602391
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)

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.$1.76$1.77$0.01$0.82$0.75$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.87$1.95$0.08$0.74$0.72$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.97$2.06$0.09$0.68$0.80$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.09$2.06$0.03$0.66$0.72$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.22$2.13$0.09$0.64$0.58$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.29$2.27$0.03$0.59$0.66$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.41$2.31$0.10$0.59$0.63$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.53$2.39$0.13$0.45$0.63$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.64$2.34$0.31$0.44$0.65$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.71$2.20$0.51$0.45$0.63$0.18
2014Summary only. Only limited summary data is available for this year.$2.83$2.14$0.69$0.43$0.58$0.16
2013Summary only. Only limited summary data is available for this year.$3.04$2.19$0.85$0.40$0.56$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$2.12$1.01$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$2.12$1.12$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$2.17$1.18$0.50