Civic Intelligence

Steger Housing Development Fund Company Project No 014-Ee057

990 • Fiscal year 2023 • EIN 16-1468741

Oct 01, 2022 to Sep 30, 2023 • Filed on Jan 23, 2024

4100 Lyell RoadRochester, NY 14606

(315) 424-1821

Siviq Scores

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

Liabilities / Assets

99th percentile

4.74x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

8.78x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

34th percentile

-2.8%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

31st percentile

-2.9%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

0.1%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$727,369

Down $21,363 (-2.9%) from 2022

Net Assets

Down

-$2,717,342

Down $11,008 (-0.4%) from 2022

Liabilities

Down

$3,444,711

Down $10,355 (-0.3%) from 2022

Revenue

Up

$392,313

Up $198 (+0.1%) from 2022

Expenses

Up

$403,321

Up $1,865 (+0.5%) from 2022

Net Income

Down

-$11,008

Down $1,667 (-18%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $1,972,595Liabilities 2010: $25,192Net Assets 2010: $1,947,4032010Assets 2011: $1,820,998Liabilities 2011: $25,841Net Assets 2011: $1,795,1572011Assets 2012: $1,663,603Liabilities 2012: $27,450Net Assets 2012: $1,636,1532012Assets 2013: $1,503,622Liabilities 2013: $37,671Net Assets 2013: $1,465,9512013Assets 2014: $1,380,681Liabilities 2014: $34,262Net Assets 2014: $1,346,4192014Assets 2015: $1,262,143Liabilities 2015: $36,989Net Assets 2015: $1,225,1542015Assets 2016: $1,132,847Liabilities 2016: $3,438,724Net Assets 2016: -$2,305,8772016Assets 2017: $1,044,981Liabilities 2017: $3,442,471Net Assets 2017: -$2,397,4902017Assets 2018: $938,486Liabilities 2018: $3,439,722Net Assets 2018: -$2,501,2362018Assets 2019: $842,962Liabilities 2019: $3,437,458Net Assets 2019: -$2,594,4962019Assets 2020: $765,115Liabilities 2020: $3,438,867Net Assets 2020: -$2,673,7522020Assets 2021: $751,895Liabilities 2021: $3,448,888Net Assets 2021: -$2,696,9932021Assets 2022: $748,732Liabilities 2022: $3,455,066Net Assets 2022: -$2,706,3342022Assets 2023: $727,369Liabilities 2023: $3,444,711Net Assets 2023: -$2,717,3422023Assets 2024: $741,272Liabilities 2024: $3,470,353Net Assets 2024: -$2,729,0812024

Highlighted filing

2023

Assets$727,369
Liabilities$3,444,711
Net Assets-$2,717,342

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $258,427Expenses 2010: $405,206Net Income 2010: -$146,7792010Revenue 2011: $256,840Expenses 2011: $409,086Net Income 2011: -$152,2462011Expenses 2012: $421,4972012Expenses 2013: $443,7052013Revenue 2014: $324,821Expenses 2014: $444,353Net Income 2014: -$119,5322014Revenue 2015: $325,783Expenses 2015: $447,048Net Income 2015: -$121,2652015Revenue 2016: $323,806Expenses 2016: $447,837Net Income 2016: -$124,0312016Revenue 2017: $373,704Expenses 2017: $465,317Net Income 2017: -$91,6132017Revenue 2018: $378,451Expenses 2018: $482,197Net Income 2018: -$103,7462018Revenue 2019: $382,300Expenses 2019: $475,560Net Income 2019: -$93,2602019Revenue 2020: $387,229Expenses 2020: $466,485Net Income 2020: -$79,2562020Revenue 2021: $385,084Expenses 2021: $408,325Net Income 2021: -$23,2412021Revenue 2022: $392,115Expenses 2022: $401,456Net Income 2022: -$9,3412022Revenue 2023: $392,313Expenses 2023: $403,321Net Income 2023: -$11,0082023Revenue 2024: $411,398Expenses 2024: $423,137Net Income 2024: -$11,7392024

Highlighted filing

2023

Revenue$392,313
Expenses$403,321
Net Income-$11,008
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jan 23, 2024
Return Version
2022v5.0
Gross Receipts
$392,313
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 section 202 of the national housing act, said project known as st. Jude located in rochester, new york.

Steger housing development fund company, inc., project no.14-ee057 (the 'company'), is a duly authorized not-for-profit corporation formed pursuant to article xi of the private housing finance law of the state of new york. The company was organized solely and specifically to develop, own and operate a low-income housing project on a non-profit basis pursuant to section 202 of the national housing act, federal capital advance program. Said project known as st. Jude apartments, a 55-unit project (one unit is occupied by the superintendent and is non-income producing) located in rochester, new york receives project rental assistance program pursuant to section 202 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$416,431$383,035▼ $33,396
Prepaid Expenses and Deferred Charges$8,355$12,683▲ $4,328
Cash and Non-Interest-Bearing Accounts$5,974$4,204▼ $1,770
Accounts Receivable$3,134$1,320▼ $1,814
Total Assets$748,732$727,369▼ $21,363
Other Assets Total$314,838$326,127▲ $11,289
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,407,000$3,407,000→ $0
Other Liabilities$18,185$19,842▲ $1,657
Accounts Payable and Accrued Expenses$28,802$17,818▼ $10,984
Deferred Revenue$1,079$51▼ $1,028
Total Liabilities$3,455,066$3,444,711▼ $10,355
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,706,334$-2,717,342▼ $11,008
Total Net Assets Fund Balance$-2,706,334$-2,717,342▼ $11,008
Total Liabilities and Net Assets / Fund Balance$748,732$727,369▼ $21,363

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$174,996$3,197,040-
Other Land Buildings$67,390$193,885-
Land$140,000--
Equipment$649$17,659-
Other Assets Org$19,842--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven SpotoPresident
Donald E KuhmanBoard Member
Gary RigoniBoard Member
Greg WestbrookBoard Member
James GrayBoard Member
Rochelle BrunshidleBoard Member
William a GilletteBoard Member
Sharon ParisSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,899
Program Service Revenue
$218,071
Investment Income
$4,888
Other Revenue
$1,455
Change in Net Assets
$-11,008

Audited Revenue Reconciliation

Revenue per Audited Statements
$392,313
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$392,313
Total Revenue per Form 990
$392,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$286,680
Salaries, Compensation, and Employee Benefits$116,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,900$96,173-$98,073
Fees for Services Management-$49,294-$49,294
Depreciation Depletion$33,396--$33,396
Other Expenses$29,788$39,645-$29,788
Insurance$20,027--$20,027
All Other Expenses-$15,075-$15,075
Office Expenses-$14,342-$14,342
Other Employee Benefits$9,640--$9,640
Payroll Taxes$8,928--$8,928
Fees for Services Accounting-$7,016-$7,016
Advertising-$304-$304
Conferences and Meetings-$298-$298
Total Functional Expenses$181,174$222,147$0$403,321

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$403,321
Total Expenses per Audited Statements$403,321
Total Expenses per Form 990$403,321
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$19,842
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
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

Management of the property is performed by christopher community, inc.

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

Management company will review the 990 upon issuance.

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

At one of the board meetings during the year the conflict of interest forms will be reviewed and updated as deemed necessary.

Form 990, Part VI, Section C, Line 19

The organization complies with applicable federal and state regulations.

Filing and Contact Details

Filer

Filer Name
Steger Housing Development Fund Company
EIN
16-1468741
Phone
3154241821
Address
4100 LYELL ROAD, ROCHESTER, NY 14606

Signing Officer

Name
Sharon Paris
Title
Secretary/treasurer
Phone
3154241821
Signed
2024-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Spoto
Formed
1993
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
280 KENNETH DRIVE SUITE 100, ROCHESTER, NY 14623
Preparer
Christopher M Johnston CPA
Phone
5854278900
Supplemental Narrative

Additional Explanations

Part XI - Line 2C

The board treasurer and management agent chief financial officer review the financial statements and these statements are presented to the entire board for final approval.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose could be subject to taxation as unrelated business income. In accordance with asc 740-10-50, accounting for uncertainty in income taxes, the organization recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the organization is currently in compliance with the applicable requirements of the internal revenue code. Therefore, no liability for unrecorded tax benefits has been included on the organization's financial statements.

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IRS990/ActivityOrMissionDesc0STEGER HOUSING DEVELOPMENT FUND COMPANY, INC., PROJECT NO.14-EE057 (THE 'COMPANY'), IS A DULY AUTHORIZED NOT-FOR-PROFIT CORPORATION FORMED PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK. THE COMPANY WAS ORGANIZED SOLELY AND SPECIFICALLY TO DEVELOP, OWN AND OPERATE A LOW-INCOME HOUSING PROJECT ON A NON-PROFIT BASIS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, FEDERAL CAPITAL ADVANCE PROGRAM. SAID PROJECT KNOWN AS ST. JUDE APARTMENTS, A 55-UNIT PROJECT (ONE UNIT IS OCCUPIED BY THE SUPERINTENDENT AND IS NON-INCOME PRODUCING) LOCATED IN ROCHESTER, NEW YORK RECEIVES PROJECT RENTAL ASSISTANCE PROGRAM PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.
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IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt01446
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01446
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt19
IRS990/OtherRevenueTotalAmt01455
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt096173
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01900
IRS990/OtherSalariesAndWagesGrp/TotalAmt098073
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08928
IRS990/PayrollTaxesGrp/TotalAmt08928
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08355
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012683
IRS990/PrincipalOfficerNm0STEVEN SPOTO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE - TENAN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0218071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0218071
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0180596
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01106
IRS990/PYOtherExpensesAmt0295090
IRS990/PYOtherRevenueAmt02549
IRS990/PYProgramServiceRevenueAmt0207864
IRS990/PYRevenuesLessExpensesAmt0-9341
IRS990/PYSalariesCompEmpBnftPaidAmt0106366
IRS990/PYTotalExpensesAmt0401456
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0392115
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-11008
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0218080
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0167899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0180596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0175375
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0172768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0165435
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0862073
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06334
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02636
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06462
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt026515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0218071
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0207864
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0201976
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0208389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0210403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01046703
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02636
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt026515
IRS990ScheduleA/InvestmentIncomeCYPct00.01370
IRS990ScheduleA/InvestmentIncomePYPct00.01310
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98630
IRS990ScheduleA/PublicSupportPY509Pct00.98690
IRS990ScheduleA/PublicSupportTotal509Amt01908776
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0385970
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0388460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0377351
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0381157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0375838
IRS990ScheduleA/Total509Grp/TotalAmt01908776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0392304
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0391096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0382362
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0387229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0382300
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01935291
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0174996
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03197040
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03372036
IRS990ScheduleD/EquipmentGrp/BookValueAmt0649
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017659
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt018308
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0403321
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0140000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0140000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011414
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1279722
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215149
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt319842
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt067390
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0193885
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0261275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019842
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0392313
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE COULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH ASC 740-10-50, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT THE ORGANIZATION IS CURRENTLY IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, NO LIABILITY FOR UNRECORDED TAX BENEFITS HAS BEEN INCLUDED ON THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0383035
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0326127
IRS990ScheduleD/TotalExpensesPerForm990Amt0403321
IRS990ScheduleD/TotalLiabilityAmt019842
IRS990ScheduleD/TotalRevenuePerForm990Amt0392313
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0392313
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0403321
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE PROPERTY IS PERFORMED BY CHRISTOPHER COMMUNITY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT COMPANY WILL REVIEW THE 990 UPON ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT ONE OF THE BOARD MEETINGS DURING THE YEAR THE CONFLICT OF INTEREST FORMS WILL BE REVIEWED AND UPDATED AS DEEMED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION COMPLIES WITH APPLICABLE FEDERAL AND STATE REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD TREASURER AND MANAGEMENT AGENT CHIEF FINANCIAL OFFICER REVIEW THE FINANCIAL STATEMENTS AND THESE STATEMENTS ARE PRESENTED TO THE ENTIRE BOARD FOR FINAL APPROVAL.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XI - LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0STEGER II HOUSING DEVELOPMENT FUND COMPANY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0320087740
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUBSIDISED HOUSING FOR ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04099 LYELL ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROCHESTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd014606
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.74$3.47$2.73$0.41$0.42$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.73$3.44$2.72$0.39$0.40$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.75$3.46$2.71$0.39$0.40$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$3.45$2.70$0.39$0.41$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.77$3.44$2.67$0.39$0.47$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.84$3.44$2.59$0.38$0.48$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.94$3.44$2.50$0.38$0.48$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.04$3.44$2.40$0.37$0.47$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.13$3.44$2.31$0.32$0.45$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.04$1.23$0.33$0.45$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.38$0.03$1.35$0.32$0.44$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.04$1.47$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.03$1.64$0.42
2011Summary only. Only limited summary data is available for this year.$1.82$0.03$1.80$0.26$0.41$0.15
2010Summary only. Only limited summary data is available for this year.$1.97$0.03$1.95$0.26$0.41$0.15