Civic Intelligence

Kamargo Housing Development Fund

990 • Fiscal year 2015 • EIN 22-2989698

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 14, 2016

Organization ProfileN/A
224 Leray StBlack River, NY 13612

(315) 773-6918

Siviq Scores

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

Liabilities / Assets

94th percentile

1.20x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

5.92x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

90th percentile

56%

Faster asset growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

2.9%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$947,400

Up $341,006 (+56%) from 2014

Net Assets

Up

-$186,704

Up $28,237 (+13%) from 2014

Liabilities

Up

$1,134,104

Up $312,769 (+38%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin73rd percentile

Revenue

Up

$191,612

Up $5,422 (+2.9%) from 2014

Expenses

Down

$163,375

Down $27,526 (-14%) from 2014

Net Income

Up

$28,237

Up $32,948 (+699%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $678,712Liabilities 2010: $895,751Net Assets 2010: -$217,0392010Assets 2011: $652,981Liabilities 2011: $880,933Net Assets 2011: -$227,9522011Assets 2012: $638,843Liabilities 2012: $861,199Net Assets 2012: -$222,3562012Assets 2013: $630,191Liabilities 2013: $840,421Net Assets 2013: -$210,2302013Assets 2014: $606,394Liabilities 2014: $821,335Net Assets 2014: -$214,9412014Assets 2015: $947,400Liabilities 2015: $1,134,104Net Assets 2015: -$186,7042015Assets 2016: $811,674Liabilities 2016: $984,900Net Assets 2016: -$173,2262016Assets 2017: $815,914Liabilities 2017: $980,535Net Assets 2017: -$164,6212017Assets 2018: $811,701Liabilities 2018: $974,049Net Assets 2018: -$162,3482018Assets 2019: $784,580Liabilities 2019: $951,739Net Assets 2019: -$167,1592019Assets 2020: $751,020Liabilities 2020: $935,918Net Assets 2020: -$184,8982020Assets 2021: $710,831Liabilities 2021: $923,754Net Assets 2021: -$212,9232021Assets 2022: $683,545Liabilities 2022: $923,002Net Assets 2022: -$239,4572022Assets 2023: $634,583Liabilities 2023: $898,234Net Assets 2023: -$263,6512023Assets 2024: $605,286Liabilities 2024: $871,599Net Assets 2024: -$266,3132024

Highlighted filing

2015

Assets$947,400
Liabilities$1,134,104
Net Assets-$186,704
Open 2015 Filing

Operations Trend

Revenue Growth49th percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $181,2612010Expenses 2011: $187,1112011Expenses 2012: $173,6452012Revenue 2013: $182,811Expenses 2013: $170,685Net Income 2013: $12,1262013Revenue 2014: $186,190Expenses 2014: $190,901Net Income 2014: -$4,7112014Revenue 2015: $191,612Expenses 2015: $163,375Net Income 2015: $28,2372015Revenue 2016: $196,917Expenses 2016: $183,439Net Income 2016: $13,4782016Revenue 2017: $191,214Expenses 2017: $182,609Net Income 2017: $8,6052017Revenue 2018: $195,593Expenses 2018: $193,320Net Income 2018: $2,2732018Revenue 2019: $201,201Expenses 2019: $206,012Net Income 2019: -$4,8112019Revenue 2020: $196,291Expenses 2020: $214,028Net Income 2020: -$17,7372020Revenue 2021: $185,738Expenses 2021: $213,763Net Income 2021: -$28,0252021Revenue 2022: $191,861Expenses 2022: $218,395Net Income 2022: -$26,5342022Revenue 2023: $191,599Expenses 2023: $215,793Net Income 2023: -$24,1942023Revenue 2024: $224,670Expenses 2024: $227,332Net Income 2024: -$2,6622024

Highlighted filing

2015

Revenue$191,612
Expenses$163,375
Net Income$28,237
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 14, 2016
Return Version
2015v2.1
Gross Receipts
$191,612
Mission and Program Overview

Mission

Hud subsidized rental housing to elderly & mobility impaired individuals with low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$526,174$634,766▲ $108,592
Savings and Temporary Cash Investments$70,087$138,587▲ $68,500
Cash and Non-Interest-Bearing Accounts$9,206$37,213▲ $28,007
Prepaid Expenses and Deferred Charges$875$1,791▲ $916
Accounts Receivable$52$349▲ $297
Total Assets$606,394$947,400▲ $341,006
Other Assets Total$0$134,694▲ $134,694
Liabilities
Mortgage Notes Payable Secured by Investment Property$798,591$1,116,202▲ $317,611
Other Liabilities$10,727$10,520▼ $207
Accounts Payable and Accrued Expenses$9,120$4,654▼ $4,466
Deferred Revenue$2,897$2,728▼ $169
Total Liabilities$821,335$1,134,104▲ $312,769
Net Assets / Fund Balance
Unrestricted Net Assets$-214,941$-186,704▲ $28,237
Total Net Assets Fund Balance$-214,941$-186,704▲ $28,237
Total Liabilities and Net Assets / Fund Balance$606,394$947,400▲ $341,006

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$626,556$601,004$1,227,560
Other Land Buildings$7,678$42,603$50,281
Equipment$532$9,049$9,581
Other Assets Org$134,694--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Michael MontigelliPresident
Vinnie CesarioVice President
Dan DarrochMember
Gary MccullochMember
Heather SaskiMember
Lee ClaryMember
Mark WaterhouseSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$188,249
Investment Income
$416
Other Revenue
$2,947
Change in Net Assets
$28,237

Audited Revenue Reconciliation

Revenue per Audited Statements
$191,612
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$191,612
Total Revenue per Form 990
$191,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,289
Salaries, Compensation, and Employee Benefits$21,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$42,718--$42,718
Depreciation Depletion$32,699--$32,699
Occupancy$18,654--$18,654
Other Salaries and Wages$10,256$7,574-$17,830
Fees for Services Other$12,575--$12,575
Fees for Services Management-$11,291-$11,291
Insurance$8,374--$8,374
Office Expenses-$6,179-$6,179
Other Expenses$4,609--$4,609
Fees for Services Accounting-$4,491-$4,491
Payroll Taxes$2,254--$2,254
Other Employee Benefits$1,002--$1,002
Advertising-$699-$699
Total Functional Expenses$133,141$30,234$0$163,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$163,375
Total Expenses per Audited Statements$163,375
Total Expenses per Form 990$163,375
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$10,520
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 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

“Organization is managed by the clayton improvement association for a fee of 6% of gross revenues.”

Form 990, Part VI, Section B, Line 11

“The governing body reviews the form 990 for completeness and accuracy before it is filed.”

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

“Conflict of interest reviewed and signed off on by all members annually.”

Form 990, Part VI, Section B, Line 15

“Salaries, wages and compensation is reviewed at the appropriate level of management or board.”

Form 990, Part VI, Section C, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kamargo Housing Dev Fund Co Inc
EIN
22-2989698
Phone
3157736918
Address
224 LERAY ST, BLACK RIVER, NY 13612

Signing Officer

Name
Michael Montigelli
Title
President
Phone
3157736918
Signed
2016-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Montigelli
Formed
1993
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
0

Preparer

Firm
Bowers & Company Cpas Pllc
Address
1120 COMMERCE PARK DRIVE EAST, WATERTOWN, NY 13601
Preparer
Elizabeth a Bush
Phone
3157887690
Supplemental Narrative

Additional Explanations

990 Part XII Line 2C

“Oversight of audit and financial statements is performed by the entire board of directors.”

Financial Statement Notes

PART X, LINE 2:

“The organization has adopted the provisions of fasb codification, "income taxes". In determining the recognition of uncertain tax positions, the organization applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. The organization has determined that there are no uncertain tax positions and that the organization should prevail upon examination by the taxing authorities.”

Raw XML AppendixShowing 400 of 410 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/BOYAmt09120
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04654
IRS990/AccountsReceivableGrp/BOYAmt052
IRS990/AccountsReceivableGrp/EOYAmt0349
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HUD SUBSIDIZED RENTAL HOUSING TO ELDERLY & MOBILITY IMPAIRED INDIVIDUALS WITH LOW INCOME.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0699
IRS990/AdvertisingGrp/TotalAmt0699
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CLAYTON IMP ASSOC
IRS990/BooksInCareOfDetail/PhoneNum03157736918
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0224 LERAY ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0BLACK RIVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013612
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt09206
IRS990/CashNonInterestBearingGrp/EOYAmt037213
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/CYInvestmentIncomeAmt0416
IRS990/CYOtherExpensesAmt0142289
IRS990/CYOtherRevenueAmt02947
IRS990/CYProgramServiceRevenueAmt0188249
IRS990/CYRevenuesLessExpensesAmt028237
IRS990/CYSalariesCompEmpBnftPaidAmt021086
IRS990/CYTotalExpensesAmt0163375
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0191612
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02897
IRS990/DeferredRevenueGrp/EOYAmt02728
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt032699
IRS990/DepreciationDepletionGrp/TotalAmt032699
IRS990/Desc0HUD SUBSIDIZED RENTAL HOUSING TO ELDERLY & MOBILITY IMPAIRED INDIVIDUALS WITH LOW INCOME.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0133141
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04491
IRS990/FeesForServicesAccountingGrp/TotalAmt04491
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt011291
IRS990/FeesForServicesManagementGrp/TotalAmt011291
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012575
IRS990/FeesForServicesOtherGrp/TotalAmt012575
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL MONTIGELLI
IRS990/Form990PartVIISectionAGrp/PersonNm1LEE CLARY
IRS990/Form990PartVIISectionAGrp/PersonNm2HEATHER SASKI
IRS990/Form990PartVIISectionAGrp/PersonNm3VINNIE CESARIO
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK WATERHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY MCCULLOCH
IRS990/Form990PartVIISectionAGrp/PersonNm6DAN DARROCH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0191612
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt08374
IRS990/InsuranceGrp/TotalAmt08374
IRS990/InterestGrp/ProgramServicesAmt042718
IRS990/InterestGrp/TotalAmt042718
IRS990/InvestmentIncomeGrp/ExclusionAmt0416
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0416
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0652656
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0526174
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0634766
IRS990/LandBldgEquipCostOrOtherBssAmt01287422
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HUD SUBSIDIZED RENTAL HOUSING TO ELDERLY & MOBILITY IMPAIRED INDIVIDUALS WITH LOW INCOME.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0798591
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01116202
IRS990/NetAssetsOrFundBalancesBOYAmt0-214941
IRS990/NetAssetsOrFundBalancesEOYAmt0-186704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt018654
IRS990/OccupancyGrp/TotalAmt018654
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06179
IRS990/OfficeExpensesGrp/TotalAmt06179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0134694
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01002
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01002
IRS990/OtherExpensesGrp/Desc0OTHER MISC. LOAN REFI.
IRS990/OtherExpensesGrp/ProgramServicesAmt04609
IRS990/OtherExpensesGrp/TotalAmt04609
IRS990/OtherLiabilitiesGrp/BOYAmt010727
IRS990/OtherLiabilitiesGrp/EOYAmt010520
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/BusinessCd1532000
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY CONCESSIONS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01686
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11261
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01686
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11261
IRS990/OtherRevenueTotalAmt02947
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07574
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010256
IRS990/OtherSalariesAndWagesGrp/TotalAmt017830
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02254
IRS990/PayrollTaxesGrp/TotalAmt02254
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0875
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01791
IRS990/PrincipalOfficerNm0MICHAEL MONTIGELLI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSIST PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME - TENANT
IRS990/ProgramServiceRevenueGrp/Desc2VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0110103
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-655
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0110103
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-655
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt036
IRS990/PYOtherExpensesAmt0169964
IRS990/PYOtherRevenueAmt02066
IRS990/PYProgramServiceRevenueAmt0184088
IRS990/PYRevenuesLessExpensesAmt0-4711
IRS990/PYSalariesCompEmpBnftPaidAmt020937
IRS990/PYTotalExpensesAmt0190901
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0186190
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt028237
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0191196
IRS990/SavingsAndTempCashInvstGrp/BOYAmt070087
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0138587
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0110103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt098780
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt098805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100301
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt094340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0502329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0416
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0597
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02947
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02066
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02227
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02466
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02366
IRS990ScheduleA/OtherIncome170Grp/TotalAmt012072
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97540
IRS990ScheduleA/PublicSupportPY170Pct00.97720
IRS990ScheduleA/PublicSupportTotal170Amt0502329
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0110103
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt098780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt098805
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100301
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt094340
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0502329
IRS990ScheduleA/TotalSupportAmt0514998
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0626556
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0601004
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01227560
IRS990ScheduleD/EquipmentGrp/BookValueAmt0532
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09581
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0163375
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0134694
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07678
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042603
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt050281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010520
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0191612
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB CODIFICATION, "INCOME TAXES". IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AND THAT THE ORGANIZATION SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0634766
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0134694
IRS990ScheduleD/TotalExpensesPerForm990Amt0163375
IRS990ScheduleD/TotalLiabilityAmt010520
IRS990ScheduleD/TotalRevenuePerForm990Amt0191612
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0191612
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0163375
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION IS MANAGED BY THE CLAYTON IMPROVEMENT ASSOCIATION FOR A FEE OF 6% OF GROSS REVENUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY REVIEWS THE FORM 990 FOR COMPLETENESS AND ACCURACY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST REVIEWED AND SIGNED OFF ON BY ALL MEMBERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES, WAGES AND COMPENSATION IS REVIEWED AT THE APPROPRIATE LEVEL OF MANAGEMENT OR BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OVERSIGHT OF AUDIT AND FINANCIAL STATEMENTS IS PERFORMED BY THE ENTIRE BOARD OF DIRECTORS.
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 B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0606394
IRS990/TotalAssetsEOYAmt0947400
IRS990/TotalAssetsGrp/BOYAmt0606394
IRS990/TotalAssetsGrp/EOYAmt0947400
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030234
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0133141
IRS990/TotalFunctionalExpensesGrp/TotalAmt0163375
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0821335
IRS990/TotalLiabilitiesEOYAmt01134104
IRS990/TotalLiabilitiesGrp/BOYAmt0821335
IRS990/TotalLiabilitiesGrp/EOYAmt01134104
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-214941
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-186704
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0133141
IRS990/TotalProgramServiceRevenueAmt0188249
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0416
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0191196
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0191612
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0606394
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0947400
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-214941
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-186704
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0224 LERAY ST
IRS990/USAddress/CityNm0BLACK RIVER
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013612
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MONTIGELLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03157736918
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KAMARGO HOUSING DEV FUND CO INC
ReturnHeader/Filer/BusinessNameControlTxt0KAMA
ReturnHeader/Filer/EIN0222989698
ReturnHeader/Filer/PhoneNum03157736918
ReturnHeader/Filer/USAddress/AddressLine1Txt0224 LERAY ST
ReturnHeader/Filer/USAddress/CityNm0BLACK RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013612
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201317788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWERS & COMPANY CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01120 COMMERCE PARK DRIVE EAST

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$947,400
Liabilities
$1,134,104
Net assets
-$186,704
Revenue
$191,612
Expenses
$163,375
Net income
$28,237
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.61$0.87$0.27$0.22$0.23$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.90$0.26$0.19$0.22$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.92$0.24$0.19$0.22$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.92$0.21$0.19$0.21$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.94$0.18$0.20$0.21$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.95$0.17$0.20$0.21$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.97$0.16$0.20$0.19$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.98$0.16$0.19$0.18$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.98$0.17$0.20$0.18$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.95$1.13$0.19$0.19$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.82$0.21$0.19$0.19$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.84$0.21$0.18$0.17$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.86$0.22$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.88$0.23$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.90$0.22$0.18