Civic Intelligence

Adirondack Housing Development Corp

EIN 26-4541597 • 501(c)3 • Saranac Lake, NY

Profile

To develop affordable low income housing and economic development projects in northern new york state

14 Kiwassa RdSaranac Lake, NY 12983

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

77th percentile

56%

Higher net margin than 77% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

83rd percentile

37%

Faster asset growth than 83% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-18%

Faster revenue growth than 31% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$217,588

Up $58,240 (+37%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$217,588

Up $58,240 (+37%) from 2023

Revenue

Down

$104,278

Down $23,064 (-18%) from 2023

Expenses

Up

$46,038

Up $16,470 (+56%) from 2023

Net Income

Down

$58,240

Down $39,534 (-40%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $22,350Net Assets 2012: $22,3502012Assets 2013: $27,572Net Assets 2013: $27,5722013Assets 2014: $25,412Net Assets 2014: $25,4122014Assets 2016: $26,488Net Assets 2016: $26,4882016Assets 2017: $7,958Net Assets 2017: $7,9582017Assets 2018: $2,994Net Assets 2018: $2,9942018Assets 2019: $32,852Net Assets 2019: $32,8522019Assets 2020: $38,123Net Assets 2020: $38,1232020Assets 2021: $32,188Net Assets 2021: $32,1882021Assets 2022: $61,574Net Assets 2022: $61,5742022Assets 2023: $159,348Net Assets 2023: $159,3482023Assets 2024: $217,588Net Assets 2024: $217,5882024

Highlighted filing

2024

Assets$217,588
Liabilities-
Net Assets$217,588

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2012: $1,200Expenses 2012: $2,404Net Income 2012: -$1,2042012Revenue 2013: $11,572Expenses 2013: $6,351Net Income 2013: $5,2212013Revenue 2014: $9,260Expenses 2014: $11,420Net Income 2014: -$2,1602014Revenue 2016: $11,314Expenses 2016: $14,168Net Income 2016: -$2,8542016Revenue 2017: $13,003Expenses 2017: $31,533Net Income 2017: -$18,5302017Revenue 2018: $11,030Expenses 2018: $15,994Net Income 2018: -$4,9642018Revenue 2019: $40,460Expenses 2019: $10,602Net Income 2019: $29,8582019Revenue 2020: $16,719Expenses 2020: $11,448Net Income 2020: $5,2712020Revenue 2021: $11,486Expenses 2021: $17,421Net Income 2021: -$5,9352021Revenue 2022: $47,836Expenses 2022: $18,450Net Income 2022: $29,3862022Revenue 2023: $127,342Expenses 2023: $29,568Net Income 2023: $97,7742023Revenue 2024: $104,278Expenses 2024: $46,038Net Income 2024: $58,2402024

Highlighted filing

2024

Revenue$104,278
Expenses$46,038
Net Income$58,240

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.1
Gross Receipts
$104,278
Mission and Program Overview

Mission

To develop affordable low income housing and economic development projects in northern new york state.

To develop affordable low income housing and economic development projects in northern new york state

Program Services

DescriptionGrantsExpenses
TO DEVELOP AFFORDABLE LOW INCOME HOUSING AND ECONOMIC DEVELOPMENT PROJECTS$69,500$24,663
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK MURPHYCEO-$0--
PAM PALUMBOPresident-$0--
ERIKA BEZIOVice-President-$0--
LISA MCKENNASecretary/Treasurer-$0--
SHAWN DUHEMEDirector-$0--
ALLEN DUNHAMDirector-$0--
DANIEL HILLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Adirondack Housing Development Corp
EIN
26-4541597
Phone
5188913050
Address
14 KIWASSA RD, SARANAC LAKE, NY 12983

Signing Officer

Name
Patrick Murphy
Title
CEO
Phone
5188913050
Signed
2025-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Joseph E Fiorile CPA
Address
126 KIWASSA ROAD, SARANAC LAKE, NY 12983
Preparer
Joseph E Fiorile CPA
Phone
5188913290
Supplemental Narrative

Additional Explanations

Other

990-EZ PART V LINE 45a. ADIRONDACK HOUSING DEVELOPMENT CORP IS THE SOLE MEMBER OF THE DISREGARDED ENTITY, HOUSING STARTS HERE LLC EIN 99-1247600. THE ARTICLES OF ORGANIZATION WERE FILED WITH THE NEW YORK DEPARTMENT OF STATE ON 11/29/2023. THE ACTIVITY OF HOUSING STARTS HERE LLC ARE IN REPORTED IN THE BOOKS AND RECORDS OF ADIRONDACK HOUSING DEVELOPMENT CORP.

Form 990EZ, Part I, Line 16

MANAGEMENT FEES 9600.

Form 990EZ, Part I, Line 16

FILING FEES 60.

Form 990EZ, Part I, Line 16

Insurance: officers & directors and liability 3756.

Form 990EZ, Part I, Line 16

MEMBERSHIP DUES 135.

Form 990EZ, Part I, Line 16

Office materials & supplies 201.

Form 990EZ, Part I, Line 16

Miscellaneous administration 1245.

Form 990EZ, Part I, Line 16

PROPERTY TAXES 5869.

Raw XML Appendix194 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK MURPHY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt020866
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: NON-CASH CONTRIBUTIONS, DONATED PROPERTY 2023: 104000.
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0109914
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt032278
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IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.66200
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990-EZ PART V LINE 45a. ADIRONDACK HOUSING DEVELOPMENT CORP IS THE SOLE MEMBER OF THE DISREGARDED ENTITY, HOUSING STARTS HERE LLC EIN 99-1247600. THE ARTICLES OF ORGANIZATION WERE FILED WITH THE NEW YORK DEPARTMENT OF STATE ON 11/29/2023. THE ACTIVITY OF HOUSING STARTS HERE LLC ARE IN REPORTED IN THE BOOKS AND RECORDS OF ADIRONDACK HOUSING DEVELOPMENT CORP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT FEES 9600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILING FEES 60.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE: OFFICERS & DIRECTORS AND LIABILITY 3756.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERSHIP DUES 135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICE MATERIALS & SUPPLIES 201.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANEOUS ADMINISTRATION 1245.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROPERTY TAXES 5869.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK MURPHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05188913050
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADIRONDACK HOUSING DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0ADIR
ReturnHeader/Filer/EIN0264541597
ReturnHeader/Filer/PhoneNum05188913050
ReturnHeader/Filer/USAddress/AddressLine1Txt014 KIWASSA RD
ReturnHeader/Filer/USAddress/CityNm0SARANAC LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012983
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141813980
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOSEPH E FIORILE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0126 KIWASSA ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SARANAC LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012983
ReturnHeader/PreparerPersonGrp/PhoneNum05188913290
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH E FIORILE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-20T09:17:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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