Civic Intelligence

Saratoga Affordable Housing Group Inc

990 • Fiscal year 2019 • EIN 26-1210093

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 06, 2020

Organization Profile
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

0.49x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

4.37x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

26th percentile

-3.1%

Faster asset growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

51st percentile

4.6%

Faster revenue growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$3,975,534

Down $129,126 (-3.1%) from 2018

Net Assets

Up

$2,024,942

Up $70,683 (+3.6%) from 2018

Liabilities

Down

$1,950,592

Down $199,809 (-9.3%) from 2018

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin16th percentile

Revenue

Up

$446,055

Up $19,509 (+4.6%) from 2018

Expenses

Down

$511,995

Down $20,603 (-3.9%) from 2018

Net Income

Up

-$65,940

Up $40,112 (+38%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

2019

Assets$3,975,534
Liabilities$1,950,592
Net Assets$2,024,942
Open 2019 Filing

Operations Trend

Revenue Growth51st percentile

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

2019

Revenue$446,055
Expenses$511,995
Net Income-$65,940
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 6, 2020
Return Version
2018v3.2
Gross Receipts
$446,055
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$3,774,066$3,593,728▼ $180,338
Cash and Non-Interest-Bearing Accounts$204,862$261,244▲ $56,382
Savings and Temporary Cash Investments$107,056$107,324▲ $268
Pledges and Grants Receivable$16,478$6,778▼ $9,700
Accounts Receivable$2,198$6,460▲ $4,262
Total Assets$4,104,660$3,975,534▼ $129,126
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,979,128$1,901,759▼ $77,369
Unsecured Notes Loans Payable$136,623--
Escrow Account Liability$28,941$34,565▲ $5,624
Accounts Payable and Accrued Expenses$5,709$14,268▲ $8,559
Total Liabilities$2,150,401$1,950,592▼ $199,809
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,343,600$2,343,868▲ $268
Unrestricted Net Assets$-389,341$-318,926▲ $70,415
Total Net Assets Fund Balance$1,954,259$2,024,942▲ $70,683
Total Liabilities and Net Assets / Fund Balance$4,104,660$3,975,534▼ $129,126

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,476,314$1,747,091$5,223,405
Land$75,000-$75,000
Equipment$42,414-$42,414
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Rocco FerraroPresident
Ann BullockBoard Member
Charla ComminsBoard Member
Cindy PhilipsBoard Member
Fran DingemanBoard Member
Robert ReedBoard Member
Richard FergusonSecretary
Joe MastrianniTreasurer
Lucile LucasVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$31,844
Program Service Revenue
$413,774
Investment Income
$437
Other Revenue
$0
Change in Net Assets
$-65,940

Audited Revenue Reconciliation

Revenue per Audited Statements
$446,055
Total Revenue per Audited Statements
$446,055
Total Revenue per Form 990
$446,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$511,995
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$204,571--$204,571
Interest$98,879--$98,879
Occupancy$91,780--$91,780
Fees for Services Management-$35,726-$35,726
Insurance$22,979--$22,979
Fees for Services Accounting-$7,500-$7,500
Office Expenses$4,399--$4,399
Travel$525--$525
Other Expenses$40--$40
Total Functional Expenses$468,769$43,226$0$511,995

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$511,995
Total Expenses per Audited Statements$511,995
Total Expenses per Form 990$511,995
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
No
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

“Governing documents are made available upon 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
2020-01-06

Organization Details

Principal Officer
Rocco Ferraro
Formed
2007
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
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.”

Form 990, Part XI, Line 9

“Implementation of fasb asc 2016-14 difference between previously reported net assets releasing deferred revenue based on life of capital assets paid for with grant funds”

Financial Statement Notes

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

“Security deposits held for tenants”

Schedule D, Page 3, Part X

“Saratoga affordable housing group follows the provision of uncertain tax position as addressed in fasb asc 740. The organization has been granted tax exempt status as a non-profit organization, which management believes would be accepted upon examination by the taxing authorities.”

Raw XML Appendix393 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/BOYAmt05709
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014268
IRS990/AccountsReceivableGrp/BOYAmt02198
IRS990/AccountsReceivableGrp/EOYAmt06460
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/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/BOYAmt0204862
IRS990/CashNonInterestBearingGrp/EOYAmt0261244
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt031844
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0437
IRS990/CYOtherExpensesAmt0511995
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0413774
IRS990/CYRevenuesLessExpensesAmt0-65940
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0511995
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0446055
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0204571
IRS990/DepreciationDepletionGrp/TotalAmt0204571
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/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt028941
IRS990/EscrowAccountLiabilityGrp/EOYAmt034565
IRS990/ExpenseAmt0468769
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07500
IRS990/FeesForServicesAccountingGrp/TotalAmt07500
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt035726
IRS990/FeesForServicesManagementGrp/TotalAmt035726
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/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/PersonNm0ROCCO FERRARO
IRS990/Form990PartVIISectionAGrp/PersonNm1LUCILE LUCAS
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CINDY PHILIPS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE MASTRIANNI
IRS990/Form990PartVIISectionAGrp/PersonNm5FRAN DINGEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT REED
IRS990/Form990PartVIISectionAGrp/PersonNm7ANN BULLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLA COMMINS
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt031844
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0446055
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt022979
IRS990/InsuranceGrp/TotalAmt022979
IRS990/InterestGrp/ProgramServicesAmt098879
IRS990/InterestGrp/TotalAmt098879
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0437
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0437
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01747091
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03774066
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03593728
IRS990/LandBldgEquipCostOrOtherBssAmt05340819
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/BOYAmt01979128
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01901759
IRS990/NetAssetsOrFundBalancesBOYAmt01954259
IRS990/NetAssetsOrFundBalancesEOYAmt02024942
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt091780
IRS990/OccupancyGrp/TotalAmt091780
IRS990/OfficeExpensesGrp/ProgramServicesAmt04399
IRS990/OfficeExpensesGrp/TotalAmt04399
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0136623
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CDBG EXPENSES
IRS990/OtherExpensesGrp/Desc2CONTRACT COSTS
IRS990/OtherExpensesGrp/Desc3BANK SERVICE FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt021571
IRS990/OtherExpensesGrp/ProgramServicesAmt112513
IRS990/OtherExpensesGrp/ProgramServicesAmt211512
IRS990/OtherExpensesGrp/ProgramServicesAmt340
IRS990/OtherExpensesGrp/TotalAmt021571
IRS990/OtherExpensesGrp/TotalAmt112513
IRS990/OtherExpensesGrp/TotalAmt211512
IRS990/OtherExpensesGrp/TotalAmt340
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016478
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06778
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROCCO FERRARO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0AFFORDABLE HOUSING RENTS
IRS990/ProgramServiceRevenueGrp/Desc1AFFORDABLE HOUSING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0411791
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11983
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0411791
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11983
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027848
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0415
IRS990/PYOtherExpensesAmt0532598
IRS990/PYProgramServiceRevenueAmt0398283
IRS990/PYRevenuesLessExpensesAmt0-106052
IRS990/PYTotalExpensesAmt0532598
IRS990/PYTotalRevenueAmt0426546
IRS990/ReconcilationRevenueExpnssAmt0-65940
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107056
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107324
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031844
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027848
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt059696
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0153681
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0122
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0414211
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0398698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0384516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0391201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0365572
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01954198
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0122
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt02107879
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0446055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0426546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0398232
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0411778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0425268
IRS990ScheduleA/Total509Grp/TotalAmt02107879
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0446055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0426546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0398232
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0411778
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0425390
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02108001
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03476314
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01747091
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05223405
IRS990ScheduleD/EquipmentGrp/BookValueAmt042414
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042414
IRS990ScheduleD/ExpensesSubtotalAmt0511995
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/RevenueSubtotalAmt0446055
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SECURITY DEPOSITS HELD FOR TENANTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SARATOGA AFFORDABLE HOUSING GROUP FOLLOWS THE PROVISION OF UNCERTAIN TAX POSITION AS ADDRESSED IN FASB ASC 740. THE ORGANIZATION HAS BEEN GRANTED TAX EXEMPT STATUS AS A NON-PROFIT ORGANIZATION, WHICH MANAGEMENT BELIEVES WOULD BE ACCEPTED UPON EXAMINATION BY THE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03593728
IRS990ScheduleD/TotalExpensesPerForm990Amt0511995
IRS990ScheduleD/TotalRevenuePerForm990Amt0446055
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0446055
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0511995
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/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IMPLEMENTATION OF FASB ASC 2016-14 DIFFERENCE BETWEEN PREVIOUSLY REPORTED NET ASSETS RELEASING DEFERRED REVENUE BASED ON LIFE OF CAPITAL ASSETS PAID FOR WITH GRANT FUNDS
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02343600
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02343868
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04104660
IRS990/TotalAssetsEOYAmt03975534
IRS990/TotalAssetsGrp/BOYAmt04104660
IRS990/TotalAssetsGrp/EOYAmt03975534
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt031844
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043226
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0468769
IRS990/TotalFunctionalExpensesGrp/TotalAmt0511995
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02150401
IRS990/TotalLiabilitiesEOYAmt01950592
IRS990/TotalLiabilitiesGrp/BOYAmt02150401
IRS990/TotalLiabilitiesGrp/EOYAmt01950592
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01954259
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02024942
IRS990/TotalProgramServiceExpensesAmt0468769
IRS990/TotalProgramServiceRevenueAmt0413774
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0414211
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0446055
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04104660
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03975534
IRS990/TravelGrp/ProgramServicesAmt0525
IRS990/TravelGrp/TotalAmt0525
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-389341
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-318926
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0136623
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 PROSPECT STREET
IRS990/USAddress/AddressLine2Txt0SUITE 313
IRS990/USAddress/CityNm0BALLSTON SPA
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012020
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROCCO FERRARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05188850091
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-06
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/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.39.71.82
ReturnHeader/FilingSecurityInformation/IPDt02020-03-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:15:39
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/PreparationDt02020-03-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY M PEDRICK
ReturnHeader/ReturnTs02020-03-27T13:15:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,975,534
Liabilities
$1,950,592
Net assets
$2,024,942
Revenue
$446,055
Expenses
$511,995
Net income
-$65,940
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