Civic Intelligence

Academy Arms Housing Developement Fund Company Inc.

990 • Fiscal year 2020 • EIN 22-2806500

Apr 01, 2019 to Mar 31, 2020 • Filed on Nov 06, 2020

Organization ProfileN/A
2 Mitchell StreetOneonta, NY 13820-2343

(607) 432-0170

Siviq Scores

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

Liabilities / Assets

90th percentile

1.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

5.23x

Higher debt load relative to revenue than 71% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Net Margin

25th percentile

-22%

Higher net margin than 25% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

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.

2020 filings • NTEE L • $500k-$1M nonprofits • Source year 2020

Asset Growth

7th percentile

-9.7%

Faster asset growth than 7% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-8.4%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$533,296

Down $57,396 (-9.7%) from 2019

Net Assets

Down

-$491,748

Down $42,173 (-9.4%) from 2019

Liabilities

Down

$1,025,044

Down $15,223 (-1.5%) from 2019

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin25th percentile

Revenue

Down

$196,121

Down $18,033 (-8.4%) from 2019

Expenses

Up

$238,294

Up $3,900 (+1.7%) from 2019

Net Income

Down

-$42,173

Down $21,933 (-108%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $846,376Liabilities 2011: $1,243,499Net Assets 2011: -$397,1232011Assets 2012: $811,436Liabilities 2012: $1,227,419Net Assets 2012: -$415,9832012Assets 2013: $768,638Liabilities 2013: $1,203,297Net Assets 2013: -$434,6592013Assets 2014: $724,703Liabilities 2014: $1,087,030Net Assets 2014: -$362,3272014Assets 2015: $796,607Liabilities 2015: $1,169,059Net Assets 2015: -$372,4522015Assets 2016: $767,939Liabilities 2016: $1,156,871Net Assets 2016: -$388,9322016Assets 2017: $666,530Liabilities 2017: $1,061,934Net Assets 2017: -$395,4042017Assets 2018: $626,431Liabilities 2018: $1,055,766Net Assets 2018: -$429,3352018Assets 2019: $590,692Liabilities 2019: $1,040,267Net Assets 2019: -$449,5752019Assets 2020: $533,296Liabilities 2020: $1,025,044Net Assets 2020: -$491,7482020Assets 2021: $487,393Liabilities 2021: $1,020,048Net Assets 2021: -$532,6552021Assets 2022: $490,067Liabilities 2022: $1,012,029Net Assets 2022: -$521,9622022Assets 2023: $446,693Liabilities 2023: $983,832Net Assets 2023: -$537,1392023Assets 2025: $408,773Liabilities 2025: $925,624Net Assets 2025: -$516,8512025

Highlighted filing

2020

Assets$533,296
Liabilities$1,025,044
Net Assets-$491,748
Open 2020 Filing

Operations Trend

Revenue Growth19th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $207,774Expenses 2011: $223,395Net Income 2011: -$15,6212011Expenses 2012: $217,7412012Expenses 2013: $219,3952013Revenue 2014: $297,284Expenses 2014: $224,952Net Income 2014: $72,3322014Revenue 2015: $202,504Expenses 2015: $212,629Net Income 2015: -$10,1252015Revenue 2016: $208,760Expenses 2016: $225,240Net Income 2016: -$16,4802016Revenue 2017: $209,827Expenses 2017: $216,299Net Income 2017: -$6,4722017Revenue 2018: $203,086Expenses 2018: $237,017Net Income 2018: -$33,9312018Revenue 2019: $214,154Expenses 2019: $234,394Net Income 2019: -$20,2402019Revenue 2020: $196,121Expenses 2020: $238,294Net Income 2020: -$42,1732020Revenue 2021: $208,565Expenses 2021: $249,472Net Income 2021: -$40,9072021Revenue 2022: $246,693Expenses 2022: $236,000Net Income 2022: $10,6932022Revenue 2023: $252,086Expenses 2023: $267,263Net Income 2023: -$15,1772023Revenue 2025: $279,988Expenses 2025: $265,393Net Income 2025: $14,5952025

Highlighted filing

2020

Revenue$196,121
Expenses$238,294
Net Income-$42,173
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Nov 6, 2020
Return Version
2019v5.1
Gross Receipts
$196,121
Mission and Program Overview

Mission

Twenty-eight unit program providing residency for the elderly and disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$364,257$325,868▼ $38,389
Savings and Temporary Cash Investments$37,546$47,135▲ $9,589
Prepaid Expenses and Deferred Charges$11,713$11,652▼ $61
Inventories for Sale or Use$1,856$2,163▲ $307
Accounts Receivable$716$1,787▲ $1,071
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$590,692$533,296▼ $57,396
Other Assets Total$174,554$144,641▼ $29,913
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,002,303$988,383▼ $13,920
Accounts Payable and Accrued Expenses$18,723$28,167▲ $9,444
Other Liabilities$18,647$8,334▼ $10,313
Deferred Revenue$594$160▼ $434
Total Liabilities$1,040,267$1,025,044▼ $15,223
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-449,575$-491,748▼ $42,173
Total Net Assets Fund Balance$-449,575$-491,748▼ $42,173
Total Liabilities and Net Assets / Fund Balance$590,692$533,296▼ $57,396

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$265,210$1,159,649$1,424,859
Leasehold Improvements$19,604$31,755$51,359
Land$41,053-$41,053
Equipment$1$15,793$15,794
Other Assets Org$6,655--
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Jeffrey HousePresident
Kermit WeaverVice President
Richard MillerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$193,881
Investment Income
$53
Other Revenue
$2,187
Change in Net Assets
$-42,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$196,121
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$196,121
Total Revenue per Form 990
$196,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,203
Salaries, Compensation, and Employee Benefits$50,091
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$49,398--$49,398
Depreciation Depletion$47,873--$47,873
Other Salaries and Wages$12,940$20,169-$33,109
Fees for Services Other$13,955$4,466-$18,421
Occupancy$14,553--$14,553
Other Employee Benefits$8,700$5,582-$14,282
Fees for Services Management-$11,443-$11,443
Insurance-$9,471-$9,471
All Other Expenses$3,081$1,687-$4,768
Office Expenses-$3,646-$3,646
Other Expenses$6,330$3,645-$3,645
Payroll Taxes$1,645$1,055-$2,700
Fees for Services Accounting-$1,848-$1,848
Fees for Services Legal-$718-$718
Advertising-$277-$277
Total Functional Expenses$166,356$71,938$0$238,294

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$238,294
Total Expenses per Audited Statements$238,294
Total Expenses per Form 990$238,294
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
TENANTS' SECURITY DEPOSITS$6,655
Miscellaneous Current Liabilities$1,679
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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

“Rental and housing management duties have been delegated to oneonta housing authority. The authority handles all management activities including marketing of rental units, collection of rents, enforcement of leases, maintenance, recordkeeping, etc. As per the management agreement. Services are performed by employees of oneonta housing authority and all wages, benefits and payroll taxes reported by the organization are reimbursements to the authority.”

Form 990, Part VI, Section A, Line 8B

“Academy arms does not have any committees.”

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

“Executive director of managing agent provides numbers to the fee accountant who reports to the auditor. Auditor generates the form 990 and provides it to the executive director for review and filing.”

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

“Follow the policies of the managing agent including personnel policy (nepotism and procurement policy).”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Academy Arms Housing Development
EIN
22-2806500
Phone
6074320170
Address
2 MITCHELL STREET, ONEONTA, NY 13820-2343

Signing Officer

Name
Jeffrey House
Title
President
Phone
6074320170
Signed
2020-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey House
Formed
1978
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the year ended march 31, 2020.”

Financial Statement Notes

PART X, LINE 2:

“The company is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code); therefore, no provision for income taxes is reflected in the financial statements. The company has been classified as a publicly supported organization that is not a private foundation under section 509(a) of the code. The company presently discloses or recognizes income tax position based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the company has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the company are subject to examination by taxing authorities.”

Raw XML AppendixShowing 400 of 469 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/BOYAmt018723
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt028167
IRS990/AccountsReceivableGrp/BOYAmt0716
IRS990/AccountsReceivableGrp/EOYAmt01787
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TWENTY-EIGHT UNIT PROGRAM PROVIDING RESIDENCY FOR THE ELDERLY AND DISABLED.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0277
IRS990/AdvertisingGrp/TotalAmt0277
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01687
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03081
IRS990/AllOtherExpensesGrp/TotalAmt04768
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KURT D SCHULTE
IRS990/BooksInCareOfDetail/PhoneNum06074320170
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O ONEONTA HOUSING AUTHORITY 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0ONEONTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013820
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt050
IRS990/CashNonInterestBearingGrp/EOYAmt050
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt053
IRS990/CYOtherExpensesAmt0188203
IRS990/CYOtherRevenueAmt02187
IRS990/CYProgramServiceRevenueAmt0193881
IRS990/CYRevenuesLessExpensesAmt0-42173
IRS990/CYSalariesCompEmpBnftPaidAmt050091
IRS990/CYTotalExpensesAmt0238294
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0196121
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0594
IRS990/DeferredRevenueGrp/EOYAmt0160
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt047873
IRS990/DepreciationDepletionGrp/TotalAmt047873
IRS990/Desc0PROVIDE HOUSING FOR ELDERLY AND DISABLED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0166356
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01848
IRS990/FeesForServicesAccountingGrp/TotalAmt01848
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0718
IRS990/FeesForServicesLegalGrp/TotalAmt0718
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt011443
IRS990/FeesForServicesManagementGrp/TotalAmt011443
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04466
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt013955
IRS990/FeesForServicesOtherGrp/TotalAmt018421
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFFREY HOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm1KERMIT WEAVER
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD MILLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0196121
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt09471
IRS990/InsuranceGrp/TotalAmt09471
IRS990/InterestGrp/ProgramServicesAmt049398
IRS990/InterestGrp/TotalAmt049398
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01856
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02163
IRS990/InvestmentIncomeGrp/ExclusionAmt053
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt053
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01207197
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0364257
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0325868
IRS990/LandBldgEquipCostOrOtherBssAmt01533065
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TWENTY-EIGHT UNIT PROGRAM PROVIDING RESIDENCY FOR THE ELDERLY AND DISABLED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01002303
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0988383
IRS990/NetAssetsOrFundBalancesBOYAmt0-449575
IRS990/NetAssetsOrFundBalancesEOYAmt0-491748
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-449575
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-491748
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt014553
IRS990/OccupancyGrp/TotalAmt014553
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03646
IRS990/OfficeExpensesGrp/TotalAmt03646
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0174554
IRS990/OtherAssetsTotalGrp/EOYAmt0144641
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05582
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014282
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2MORTGAGE INSURANCE PREM
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07931
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13645
IRS990/OtherExpensesGrp/ProgramServicesAmt07881
IRS990/OtherExpensesGrp/ProgramServicesAmt16330
IRS990/OtherExpensesGrp/TotalAmt07931
IRS990/OtherExpensesGrp/TotalAmt17881
IRS990/OtherExpensesGrp/TotalAmt26330
IRS990/OtherExpensesGrp/TotalAmt33645
IRS990/OtherLiabilitiesGrp/BOYAmt018647
IRS990/OtherLiabilitiesGrp/EOYAmt08334
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING REVE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt01927
IRS990/OtherRevenueMiscGrp/ExclusionAmt1172
IRS990/OtherRevenueMiscGrp/ExclusionAmt288
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01927
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1172
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt288
IRS990/OtherRevenueTotalAmt02187
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020169
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012940
IRS990/OtherSalariesAndWagesGrp/TotalAmt033109
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01055
IRS990/PayrollTaxesGrp/ProgramServicesAmt01645
IRS990/PayrollTaxesGrp/TotalAmt02700
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011713
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011652
IRS990/PrincipalOfficerNm0JEFFREY HOUSE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0137211
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt156670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0137211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt156670
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt055
IRS990/PYOtherExpensesAmt0182128
IRS990/PYOtherRevenueAmt03508
IRS990/PYProgramServiceRevenueAmt0210591
IRS990/PYRevenuesLessExpensesAmt0-20240
IRS990/PYSalariesCompEmpBnftPaidAmt052266
IRS990/PYTotalExpensesAmt0234394
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0214154
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-42173
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0193881
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037546
IRS990/SavingsAndTempCashInvstGrp/EOYAmt047135
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt053
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt055
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0193881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0210591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0199963
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0207247
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0205658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01017340
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt055
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0251
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02187
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03508
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03077
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02532
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt03053
IRS990ScheduleA/OtherIncome509Grp/TotalAmt014357
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98580
IRS990ScheduleA/PublicSupportPY509Pct00.98560
IRS990ScheduleA/PublicSupportTotal509Amt01017340
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0193881
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0210591
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0199963
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0207247
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0205658
IRS990ScheduleA/Total509Grp/TotalAmt01017340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0196121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0214154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0203086
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0209827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0208760
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01031948
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0265210
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01159649
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01424859
IRS990ScheduleD/EquipmentGrp/BookValueAmt01
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015793
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015794
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0238294
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt041053
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041053
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019604
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031755
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt051359
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt077697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt149100
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt211189
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36655
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISCELLANEOUS CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0196121
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITION BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0325868
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0144641
IRS990ScheduleD/TotalExpensesPerForm990Amt0238294
IRS990ScheduleD/TotalLiabilityAmt08334
IRS990ScheduleD/TotalRevenuePerForm990Amt0196121
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0196121
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0238294
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENTAL AND HOUSING MANAGEMENT DUTIES HAVE BEEN DELEGATED TO ONEONTA HOUSING AUTHORITY. THE AUTHORITY HANDLES ALL MANAGEMENT ACTIVITIES INCLUDING MARKETING OF RENTAL UNITS, COLLECTION OF RENTS, ENFORCEMENT OF LEASES, MAINTENANCE, RECORDKEEPING, ETC. AS PER THE MANAGEMENT AGREEMENT. SERVICES ARE PERFORMED BY EMPLOYEES OF ONEONTA HOUSING AUTHORITY AND ALL WAGES, BENEFITS AND PAYROLL TAXES REPORTED BY THE ORGANIZATION ARE REIMBURSEMENTS TO THE AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACADEMY ARMS DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR OF MANAGING AGENT PROVIDES NUMBERS TO THE FEE ACCOUNTANT WHO REPORTS TO THE AUDITOR. AUDITOR GENERATES THE FORM 990 AND PROVIDES IT TO THE EXECUTIVE DIRECTOR FOR REVIEW AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOLLOW THE POLICIES OF THE MANAGING AGENT INCLUDING PERSONNEL POLICY (NEPOTISM AND PROCUREMENT POLICY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES HAVE TAKEN PLACE DURING THE YEAR ENDED MARCH 31, 2020.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ONEONTA HOUSING AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0160955151
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02 MITCHELL STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ONEONTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd013820
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0590692
IRS990/TotalAssetsEOYAmt0533296
IRS990/TotalAssetsGrp/BOYAmt0590692
IRS990/TotalAssetsGrp/EOYAmt0533296
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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
$533,296
Liabilities
$1,025,044
Net assets
-$491,748
Revenue
$196,121
Expenses
$238,294
Net income
-$42,173
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.93$0.52$0.28$0.27$0.01
2023Summary only. Only limited summary data is available for this year.$0.45$0.98$0.54$0.25$0.27$0.02
2022Summary only. Only limited summary data is available for this year.$0.49$1.01$0.52$0.25$0.24$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$1.02$0.53$0.21$0.25$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.53$1.03$0.49$0.20$0.24$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$1.04$0.45$0.21$0.23$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$1.06$0.43$0.20$0.24$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$1.06$0.40$0.21$0.22$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.77$1.16$0.39$0.21$0.23$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.80$1.17$0.37$0.20$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.72$1.09$0.36$0.30$0.22$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$1.20$0.43$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$1.23$0.42$0.22
2011Summary only. Only limited summary data is available for this year.$0.85$1.24$0.40$0.21$0.22$0.02