Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Milford Housing Development Fund Company Inc
990EZ • Fiscal year 2013 • EIN 22-3087615
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
8.33x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
71st percentile
Higher top officer pay than 71% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Up$45,097
Up $6 (+0.0%) from 2012
Net Assets
Down-$330,433
Down $97,413 (-42%) from 2012
Liabilities
Up$375,530
Up $97,419 (+35%) from 2012
Revenue And Expenses
Revenue
Up$39
Up $29 (+290%) from 2012
Expenses
Down$97,452
Down $18,082 (-16%) from 2012
Net Income
Up-$97,413
Up $18,111 (+16%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- May 2, 2014
- Return Version
- 2013v3.0
- Gross Receipts
- $39
Mission and Program Overview
Mission
Delivery of clean and safe housing for low income people.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DELIVERY OF CLEAN AND SAFE HOUSING FOR LOW INCOME PEOPLE. | $0 | $97,452 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANTHONY SCALICI | President | - | $0 | - | - |
| GLORIA HENDRICKS | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 22-3087615
- Phone
- 6072867244
Signing Officer
- Name
- Anthony Scalici
- Title
- President
- Phone
- 6072867244
- Signed
- 2014-05-02
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- JOHN T O'BRIEN MBA MST
- Phone
- 7166340700
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 33. Description: bank interest . Amount: 6. Total included on form 990-ez, line 4: 39.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: loss from investment in partnership. Amount: 97,452.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: investment in milford apartments, lp. Beg. Of year amount: 30,000. End of year amount: 30,000.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: loss on investment. Beg. Of year amount: 278,111. End of year amount: 375,530.”
Raw XML Appendix129 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | OTSEGO RURAL HOUSING ASSISTANCE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6072867244 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 50 WEST MAIN STREET PO BOX 189 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | MILFORD |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 13807 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 15091 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 15097 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -97413 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 45091 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 45097 |
| IRS990EZ/GrossReceiptsAmt | 0 | 39 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 39 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -233020 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -330433 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -233020 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -330433 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ANTHONY SCALICI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GLORIA HENDRICKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 30000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 30000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 97452 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | DELIVERY OF CLEAN AND SAFE HOUSING FOR LOW INCOME PEOPLE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DELIVERY OF CLEAN AND SAFE HOUSING FOR LOW INCOME PEOPLE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 97452 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 278111 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 375530 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 97452 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 97452 |
| IRS990EZ/TotalRevenueAmt | 0 | 39 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt | 0 | MILFORD HOUSING DEVELOPMENT FUND CO., (MHDFC), WAS FORMED IN 1993 AS A PUBLIC CHARITY TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS. MHDFC ASSISTED WITH THE DEVELOPMENT OF MILFORD APARTMENTS, LP, A 28 UNIT LOW INCOME HOUSING PROJECT LOCATED IN MILFORD, NEW YORK. THE PROJECT WAS FUNDED BY LOAN PROCEEDS FROM THE NEW YORK STATE HOUSING TRUST FUND CORPOSTATION (HTFC). THE OPPERATING ACTIVITIES OF THE PROJECT ARE GOVERNED BY THE PARTNERSHIP AGREEMENT AND THE HTFC. ON AUGUST 10, 2010, MHDFC AQUIRED A 98% OWNERSHIP INTEREST IN THE PROJECT AND IS ITS SOLE LIMITED PARTNER. ALTHOUGH MHDFC DOES NOT MEET ITS PUBLIC SUPPORT TEST FOR 2013, ITS INITIAL EXISTANCE WAS REQUIRED IN ORDER TO OBTAIN FUNDING ASSISTANCE FROM THE HTFC AND IT COULD STILL BE REQUIRED TO RELY UPON PUBLIC CHARITABLE SUPPORT IN FUTURE YEARS. |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc | 0 | PART II, SECTION C, FACTS AND CIRCUMSTANCES TEST |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 39 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 40 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 33 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 145 |
| IRS990ScheduleA/PrivateFoundation170Ind | 0 | X |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 145 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 33. DESCRIPTION: BANK INTEREST . AMOUNT: 6. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 39. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: LOSS FROM INVESTMENT IN PARTNERSHIP. AMOUNT: 97,452. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INVESTMENT IN MILFORD APARTMENTS, LP. BEG. OF YEAR AMOUNT: 30,000. END OF YEAR AMOUNT: 30,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: LOSS ON INVESTMENT. BEG. OF YEAR AMOUNT: 278,111. END OF YEAR AMOUNT: 375,530. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANTHONY SCALICI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6072867244 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-05-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | MILFORD HOUSING DEVELOPMENT FUND CO |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MILF |
| ReturnHeader/Filer/EIN | 0 | 223087615 |
| ReturnHeader/Filer/PhoneNum | 0 | 6072867244 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 50 WEST MAIN STREET PO BOX 189 |
| ReturnHeader/Filer/USAddress/City | 0 | MILFORD |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 13807 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161170608 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | TOSKI & CO CPAS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 300 ESSJAY RD SUITE 115 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | WILLIAMSVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 14221 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7166340700 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-05-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN T O'BRIEN MBA MST |
| ReturnHeader/ReturnTs | 0 | 2014-05-02T16:26:35-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $45,097
- Liabilities
- $375,530
- Net assets
- -$330,433
- Revenue
- $39
- Expenses
- $97,452
- Net income
- -$97,413