Civic Intelligence

Saratoga Affordable Housing Group Inc

990 • Fiscal year 2017 • EIN 26-1210093

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 05, 2017

20 Prospect Street Suite 313Ballston Spa, NY 12020

(518) 885-0091

Siviq Scores

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

Liabilities / Assets

81st percentile

0.52x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

5.61x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

10th percentile

-29%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

32nd percentile

-1.6%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-3.3%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$4,296,017

Down $67,949 (-1.6%) from 2016

Net Assets

Down

$2,060,311

Down $107,717 (-5.0%) from 2016

Liabilities

Up

$2,235,706

Up $39,768 (+1.8%) from 2016

Revenue

Down

$398,232

Down $13,546 (-3.3%) from 2016

Expenses

Up

$513,130

Up $12,532 (+2.5%) from 2016

Net Income

Down

-$114,898

Down $26,078 (-29%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,064,090Liabilities 2011: $2,259,586Net Assets 2011: $1,804,5042011Assets 2012: $5,085,571Liabilities 2012: $2,614,760Net Assets 2012: $2,470,8112012Assets 2013: $4,784,921Liabilities 2013: $2,321,320Net Assets 2013: $2,463,6012013Assets 2014: $4,608,063Liabilities 2014: $2,266,962Net Assets 2014: $2,341,1012014Assets 2015: $4,472,828Liabilities 2015: $2,215,980Net Assets 2015: $2,256,8482015Assets 2016: $4,363,966Liabilities 2016: $2,195,938Net Assets 2016: $2,168,0282016Assets 2017: $4,296,017Liabilities 2017: $2,235,706Net Assets 2017: $2,060,3112017Assets 2018: $4,104,660Liabilities 2018: $2,150,401Net Assets 2018: $1,954,2592018Assets 2019: $3,975,534Liabilities 2019: $1,950,592Net Assets 2019: $2,024,9422019Assets 2020: $3,830,807Liabilities 2020: $1,876,595Net Assets 2020: $1,954,2122020Assets 2021: $3,578,131Liabilities 2021: $1,779,205Net Assets 2021: $1,798,9262021Assets 2022: $3,382,830Liabilities 2022: $1,692,995Net Assets 2022: $1,689,8352022Assets 2023: $3,482,767Liabilities 2023: $1,493,824Net Assets 2023: $1,988,9432023Assets 2024: $3,171,535Liabilities 2024: $1,395,851Net Assets 2024: $1,775,6842024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2017

Assets$4,296,017
Liabilities$2,235,706
Net Assets$2,060,311

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $289,6312011Expenses 2012: $305,7372012Expenses 2013: $444,3232013Revenue 2014: $387,518Expenses 2014: $510,018Net Income 2014: -$122,5002014Revenue 2015: $425,268Expenses 2015: $509,521Net Income 2015: -$84,2532015Revenue 2016: $411,778Expenses 2016: $500,598Net Income 2016: -$88,8202016Revenue 2017: $398,232Expenses 2017: $513,130Net Income 2017: -$114,8982017Revenue 2018: $426,546Expenses 2018: $532,598Net Income 2018: -$106,0522018Revenue 2019: $446,055Expenses 2019: $511,995Net Income 2019: -$65,9402019Revenue 2020: $460,471Expenses 2020: $531,201Net Income 2020: -$70,7302020Revenue 2021: $448,150Expenses 2021: $603,435Net Income 2021: -$155,2852021Revenue 2022: $493,115Expenses 2022: $602,206Net Income 2022: -$109,0912022Revenue 2023: $897,133Expenses 2023: $598,025Net Income 2023: $299,1082023Revenue 2024: $385,329Expenses 2024: $574,688Net Income 2024: -$189,3592024Revenue 2025: $177,940Expenses 2025: $464,280Net Income 2025: -$286,3402025

Highlighted filing

2017

Revenue$398,232
Expenses$513,130
Net Income-$114,898
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 5, 2017
Return Version
2016v3.0
Gross Receipts
$398,232
Mission and Program Overview

Mission

To provide quality innovative housing for families in need, promote opportunities for self-sufficiency and economic independence and build a thriving community for the city of saratoga springs, ny and saratoga county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,028,307$3,963,520▼ $64,787
Cash and Non-Interest-Bearing Accounts$166,910$195,263▲ $28,353
Savings and Temporary Cash Investments$106,026$106,026→ $0
Accounts Receivable$7,866$21,058▲ $13,192
Pledges and Grants Receivable$30,637$10,150▼ $20,487
Prepaid Expenses and Deferred Charges$3,596--
Total Assets$4,363,966$4,296,017▼ $67,949
Other Assets Total$20,624--
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,121,695$2,052,874▼ $68,821
Unsecured Notes Loans Payable$51,683$128,586▲ $76,903
Escrow Account Liability$22,560$43,753▲ $21,193
Accounts Payable and Accrued Expenses-$10,493-
Total Liabilities$2,195,938$2,235,706▲ $39,768
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,342,987$2,343,333▲ $346
Unrestricted Net Assets$-174,959$-283,022▼ $108,063
Total Net Assets Fund Balance$2,168,028$2,060,311▼ $107,717
Total Liabilities and Net Assets / Fund Balance$4,363,966$4,296,017▼ $67,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,855,317$1,304,707$5,160,024
Land$75,000-$75,000
Equipment$33,203-$33,203
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rocco FerraroPresident
Ann BullockBoard Member
Fran DingmanBoard Member
Joe MastrianniBoard Member
Robert ReedBoard Member
Scott M PetersonBoard Member
Stephen SullivanBoard Member
Richard FergusonSecretary
Lucile LucasTreasurer
Sister Charla ComminsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$13,716
Program Service Revenue
$383,659
Investment Income
$857
Other Revenue
$0
Change in Net Assets
$-114,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$513,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$200,779--$200,779
Interest$106,488--$106,488
Occupancy$84,131--$84,131
Fees for Services Management-$30,864-$30,864
Insurance$25,100--$25,100
Other Expenses$7,500--$7,500
All Other Expenses$2,450--$2,450
Fees for Services Legal$1,572--$1,572
Office Expenses$1,495--$1,495
Travel$213--$213
Total Functional Expenses$482,266$30,864$0$513,130
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is given to all of the board members at the quarterly board meeting. If the board member is not able to attend the meeting, the 990 is mailed to them immediately.

Form 990, Page 6, Part VI, Line 12C

Once a year, each board member is asked to sign off that they do not have conflicts with the organization.

Form 990, Page 6, Part VI, Line 19

The board meets a minimum of quarterly - second tuesday of each quarter - for a board meeting to discuss business, set policies, record resolutions. The saratoga affordable housing group, inc. Is audited yearly and the 990, with all its attachments is given to each board member annually. As soon as the 990 is finished, a legal notice is put in the paper stating that the annual return is available for inspection. The legal notice states the return is available for inspection after the request is received at the office, along with the address also stated in the newspaper of where to make the request.

Filing and Contact Details

Filer

Filer Name
Saratoga Affordable Housing Group
EIN
26-1210093
Phone
5188850091
Address
20 PROSPECT STREET SUITE 313, BALLSTON SPA, NY 12020

Signing Officer

Name
Rocco Ferraro
Title
President
Phone
5188850091
Signed
2017-09-05

Organization Details

Principal Officer
Rocco Ferraro
Formed
2007
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Amy M Pedrick
Phone
5187257127
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide quality innovative housing for families in need, promote opportunities for self-sufficiency and economic independence and build a thriving community for the city of saratoga springs, ny and saratoga county.

Form 990

Client note 1: form 990 line 9 and 990 part vii line 2 program service revenue: this organization's exempt purpose includes the provision of affordable housing to low-income people, therefore the rental income is included as program service revenue. This revenue is to provide quality, innovative housing for families in need, promote opportunities for self-sufficiency and economic independence and build a thriving community for the city of saratoga springs, ny and saratoga county.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Security deposits held for tenants

Raw XML Appendix390 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010493
IRS990/AccountsReceivableGrp/BOYAmt07866
IRS990/AccountsReceivableGrp/EOYAmt021058
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE QUALITY INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY.
IRS990/AddressChangeInd0X
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02450
IRS990/AllOtherExpensesGrp/TotalAmt02450
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0ROCCO FERRARO
IRS990/BooksInCareOfDetail/PhoneNum05188850091
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt020 PROSPECT ST SUITE 313
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALLSTON SPA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012020
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0166910
IRS990/CashNonInterestBearingGrp/EOYAmt0195263
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt013716
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0857
IRS990/CYOtherExpensesAmt0513130
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0383659
IRS990/CYRevenuesLessExpensesAmt0-114898
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0513130
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0398232
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0200779
IRS990/DepreciationDepletionGrp/TotalAmt0200779
IRS990/Desc0EXEMPT PURPOSE IS FOR AFFORDABLE HOUSING FOR LOW-INCOME PEOPLE, 24 2- BEDROOM UNITS PLUS A ONE FAMILY HOUSE WERE PURCHASED TO PROVIDE QUALITY, INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF- SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY. 15 MORE 1-BEDROOM AND 3-BEDROOM UNITS OPENED FOR RENT IN PRIOR YEARS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt022560
IRS990/EscrowAccountLiabilityGrp/EOYAmt043753
IRS990/ExpenseAmt0482266
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01572
IRS990/FeesForServicesLegalGrp/TotalAmt01572
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt030864
IRS990/FeesForServicesManagementGrp/TotalAmt030864
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHEN SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT M PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROCCO FERRARO
IRS990/Form990PartVIISectionAGrp/PersonNm3LUCILE LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm5SISTER CHARLA COMMINS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOE MASTRIANNI
IRS990/Form990PartVIISectionAGrp/PersonNm7FRAN DINGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT REED
IRS990/Form990PartVIISectionAGrp/PersonNm9ANN BULLOCK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt013716
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0398232
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt025100
IRS990/InsuranceGrp/TotalAmt025100
IRS990/InterestGrp/ProgramServicesAmt0106488
IRS990/InterestGrp/TotalAmt0106488
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0857
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0857
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01304707
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04028307
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03963520
IRS990/LandBldgEquipCostOrOtherBssAmt05268227
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE QUALITY INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02121695
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02052874
IRS990/NetAssetsOrFundBalancesBOYAmt02168028
IRS990/NetAssetsOrFundBalancesEOYAmt02060311
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt084131
IRS990/OccupancyGrp/TotalAmt084131
IRS990/OfficeExpensesGrp/ProgramServicesAmt01495
IRS990/OfficeExpensesGrp/TotalAmt01495
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020624
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CONTRACT COSTS
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3AUDIT
IRS990/OtherExpensesGrp/ProgramServicesAmt019705
IRS990/OtherExpensesGrp/ProgramServicesAmt118811
IRS990/OtherExpensesGrp/ProgramServicesAmt214022
IRS990/OtherExpensesGrp/ProgramServicesAmt37500
IRS990/OtherExpensesGrp/TotalAmt019705
IRS990/OtherExpensesGrp/TotalAmt118811
IRS990/OtherExpensesGrp/TotalAmt214022
IRS990/OtherExpensesGrp/TotalAmt37500
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt030637
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010150
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03596
IRS990/PrincipalOfficerNm0ROCCO FERRARO
IRS990/PriorPeriodAdjustmentsAmt07181
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0AFFORDABLE HOUSING RENTS
IRS990/ProgramServiceRevenueGrp/Desc1AFFORDABLE HOUSING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0379094
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0379094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14565
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020577
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt070
IRS990/PYOtherExpensesAmt0500598
IRS990/PYProgramServiceRevenueAmt0391131
IRS990/PYRevenuesLessExpensesAmt0-88820
IRS990/PYTotalExpensesAmt0500598
IRS990/PYTotalRevenueAmt0411778
IRS990/ReconcilationRevenueExpnssAmt0-114898
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0106026
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0106026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt059696
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt067040
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0173371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0245
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0188
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0384516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0391201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0365572
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0375176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0370073
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01886538
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0245
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0555
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt02059909
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0398232
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0411778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0425268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0387518
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0437113
IRS990ScheduleA/Total509Grp/TotalAmt02059909
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0398232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0411778
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0425390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0387763
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0437301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02060464
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03855317
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01304707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05160024
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt033203
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033203
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SECURITY DEPOSITS HELD FOR TENANTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03963520
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE QUALITY INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLIENT NOTE 1: FORM 990 LINE 9 AND 990 PART VII LINE 2 PROGRAM SERVICE REVENUE: THIS ORGANIZATION'S EXEMPT PURPOSE INCLUDES THE PROVISION OF AFFORDABLE HOUSING TO LOW-INCOME PEOPLE, THEREFORE THE RENTAL INCOME IS INCLUDED AS PROGRAM SERVICE REVENUE. THIS REVENUE IS TO PROVIDE QUALITY, INNOVATIVE HOUSING FOR FAMILIES IN NEED, PROMOTE OPPORTUNITIES FOR SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE AND BUILD A THRIVING COMMUNITY FOR THE CITY OF SARATOGA SPRINGS, NY AND SARATOGA COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS GIVEN TO ALL OF THE BOARD MEMBERS AT THE QUARTERLY BOARD MEETING. IF THE BOARD MEMBER IS NOT ABLE TO ATTEND THE MEETING, THE 990 IS MAILED TO THEM IMMEDIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ONCE A YEAR, EACH BOARD MEMBER IS ASKED TO SIGN OFF THAT THEY DO NOT HAVE CONFLICTS WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MEETS A MINIMUM OF QUARTERLY - SECOND TUESDAY OF EACH QUARTER - FOR A BOARD MEETING TO DISCUSS BUSINESS, SET POLICIES, RECORD RESOLUTIONS. THE SARATOGA AFFORDABLE HOUSING GROUP, INC. IS AUDITED YEARLY AND THE 990, WITH ALL ITS ATTACHMENTS IS GIVEN TO EACH BOARD MEMBER ANNUALLY. AS SOON AS THE 990 IS FINISHED, A LEGAL NOTICE IS PUT IN THE PAPER STATING THAT THE ANNUAL RETURN IS AVAILABLE FOR INSPECTION. THE LEGAL NOTICE STATES THE RETURN IS AVAILABLE FOR INSPECTION AFTER THE REQUEST IS RECEIVED AT THE OFFICE, ALONG WITH THE ADDRESS ALSO STATED IN THE NEWSPAPER OF WHERE TO MAKE THE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02342987
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02343333
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04363966
IRS990/TotalAssetsEOYAmt04296017
IRS990/TotalAssetsGrp/BOYAmt04363966
IRS990/TotalAssetsGrp/EOYAmt04296017
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt013716
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030864
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0482266
IRS990/TotalFunctionalExpensesGrp/TotalAmt0513130
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02195938
IRS990/TotalLiabilitiesEOYAmt02235706
IRS990/TotalLiabilitiesGrp/BOYAmt02195938
IRS990/TotalLiabilitiesGrp/EOYAmt02235706
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02168028
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02060311
IRS990/TotalProgramServiceExpensesAmt0482266
IRS990/TotalProgramServiceRevenueAmt0383659
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0384516
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0398232
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04363966
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04296017
IRS990/TravelGrp/ProgramServicesAmt0213
IRS990/TravelGrp/TotalAmt0213
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-174959
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-283022
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt051683
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0128586
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 PROSPECT STREET
IRS990/USAddress/AddressLine2Txt0SUITE 313
IRS990/USAddress/CityNm0BALLSTON SPA
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012020
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROCCO FERRARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05188850091
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SARATOGA AFFORDABLE HOUSING GROUP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0SARA
ReturnHeader/Filer/EIN0261210093
ReturnHeader/Filer/PhoneNum05188850091
ReturnHeader/Filer/USAddress/AddressLine1Txt020 PROSPECT STREET SUITE 313
ReturnHeader/Filer/USAddress/CityNm0BALLSTON SPA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012020
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C64CFD959651AC56232205F656F33A9C5217A60A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C64CFD959651AC56232205F656F33A9C5217A60A
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141662664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEST & COMPANY CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLOVERSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0120780354
ReturnHeader/PreparerPersonGrp/PhoneNum05187257127
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY M PEDRICK
ReturnHeader/ReturnTs02017-10-16T15:20:31-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.18$0.46$0.29
2024Detailed filing. Detailed filing data is available for this year.$3.17$1.40$1.78$0.39$0.57$0.19
2023Detailed filing. Detailed filing data is available for this year.$3.48$1.49$1.99$0.90$0.60$0.30
2022Detailed filing. Detailed filing data is available for this year.$3.38$1.69$1.69$0.49$0.60$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.58$1.78$1.80$0.45$0.60$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.83$1.88$1.95$0.46$0.53$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.98$1.95$2.02$0.45$0.51$0.07
2018Detailed filing. Detailed filing data is available for this year.$4.10$2.15$1.95$0.43$0.53$0.11
2017Detailed filing. Detailed filing data is available for this year.$4.30$2.24$2.06$0.40$0.51$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.36$2.20$2.17$0.41$0.50$0.09
2015Detailed filing. Detailed filing data is available for this year.$4.47$2.22$2.26$0.43$0.51$0.08
2014Detailed filing. Detailed filing data is available for this year.$4.61$2.27$2.34$0.39$0.51$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.78$2.32$2.46$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.09$2.61$2.47$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$2.26$1.80$0.29