Civic Intelligence

Federation Housing II Inc.

990 • Fiscal year 2014 • EIN 30-0529952

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 29, 2015

Refreshing map…

1 Farmingdale RoadWest Babylon, NY 11704

(631) 669-5355

Siviq Scores

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

Liabilities / Assets

16th percentile

0.02x

Higher debt load relative to assets than 16% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

9th percentile

0.02x

Higher debt load relative to revenue than 9% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$205,934

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 35.1% of source-year revenue.

2014 filings • NTEE L • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$598,581

No earlier filing loaded for comparison.

Net Assets

$586,606

No earlier filing loaded for comparison.

Liabilities

$11,975

No earlier filing loaded for comparison.

Revenue

$587,156

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$587,156

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $598,581Liabilities 2014: $11,975Net Assets 2014: $586,6062014Assets 2015: $1,279,557Liabilities 2015: $141,300Net Assets 2015: $1,138,2572015Assets 2017: $1,157,978Liabilities 2017: $124,923Net Assets 2017: $1,033,0552017Assets 2019: $1,020,978Liabilities 2019: $82,165Net Assets 2019: $938,8132019Assets 2020: $1,001,785Liabilities 2020: $136,805Net Assets 2020: $864,9802020Assets 2021: $987,682Liabilities 2021: $168,744Net Assets 2021: $818,9382021Assets 2022: $925,138Liabilities 2022: $135,595Net Assets 2022: $789,5432022Assets 2024: $859,403Liabilities 2024: $57,032Net Assets 2024: $802,3712024

Highlighted filing

2014

Assets$598,581
Liabilities$11,975
Net Assets$586,606

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $587,156Expenses 2014: $0Net Income 2014: $587,1562014Revenue 2015: $566,097Expenses 2015: $14,446Net Income 2015: $551,6512015Revenue 2017: $78,556Expenses 2017: $129,360Net Income 2017: -$50,8042017Revenue 2019: $62,898Expenses 2019: $104,805Net Income 2019: -$41,9072019Revenue 2020: $60,447Expenses 2020: $134,280Net Income 2020: -$73,8332020Revenue 2021: $79,027Expenses 2021: $125,069Net Income 2021: -$46,0422021Revenue 2022: $76,090Expenses 2022: $105,485Net Income 2022: -$29,3952022Revenue 2024: $191,054Expenses 2024: $128,306Net Income 2024: $62,7482024

Highlighted filing

2014

Revenue$587,156
Expenses$0
Net Income$587,156
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 29, 2015
Return Version
2014v5.0
Gross Receipts
$587,156
Mission and Program Overview

Mission

Federation housing ii, inc. ("federation housing") is a not-for-profit organization whose purpose is to provide housing opportunities for persons with psychiatric disabilities in suffolk county, new york. Federation housing became operational in october 2015 and occupancy started in january 2016. Federation housing's funding is derived primarily from rental fees paid by hud and tenants. Federation of organizations is the sole member of federation housing.

Federation housing ii, inc. ("federation housing") is a not-for-profit organization. Its purpose is to provide housing opportunities for persons with psychiatric disabilities in suffolk county, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$587,848▲ $587,848
Cash and Non-Interest-Bearing Accounts$580,815$4,894▼ $575,921
Total Assets$651,633$598,581▼ $53,052
Other Assets Total$70,818$5,839▼ $64,979
Liabilities
Other Liabilities$652,183$11,975▼ $640,208
Total Liabilities$652,183$11,975▼ $640,208
Net Assets / Fund Balance
Unrestricted Net Assets$-550$586,606▲ $587,156
Total Net Assets Fund Balance$-550$586,606▲ $587,156
Total Liabilities and Net Assets / Fund Balance$651,633$598,581▼ $53,052

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$587,848-$587,848
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy SchonbergPresident
Barbara FaronSecond Vice President
Jackie SchweitzerVice President
Stephen MccarthyCFO
Philip MatcovskySecretary
Harry Alberts EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$587,144
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$0
All Other Contributions
$5,833
Change in Net Assets
$587,156

Audited Revenue Reconciliation

Revenue per Audited Statements
$587,156
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$587,156
Total Revenue per Form 990
$587,156
Expenses and Functional Allocation

Major Expense Lines

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

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$11,975
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The ceo presents a copy of the draft form 990 to the board for review.

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

There are compliance trainings throughout the year.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Federation Housing Ii Inc
EIN
30-0529952
Phone
6316695355
Address
1 FARMINGDALE ROAD, WEST BABYLON, NY 11704

Signing Officer

Name
Stephen Mccarthy
Title
CFO
Phone
6316695355
Signed
2015-09-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Mccarthy
Formed
2010
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
125 BAYLIS ROAD, MELVILLE, NY 11747-3823
Preparer
Gordon Siess CPA Partner
Phone
6317527400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management evaluated the company's tax positions and concluded that the company had taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of financial accounting standards board ("fasb") accounting standards codification no. 740. With few exceptions, the company is no longer subject to income tax examination by the united states federal, state or local authorities for the years before 2011, which is the standard statute of limitations look-back period.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt218461
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PHILIP MATCOVSKY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BARBARA FARON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2STEPHEN MCCARTHY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECOND VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0189048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1205934
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2169877
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE OFFICER'S ARE COMPENSATED BY FEDERATION OF ORGANIZATIONS FOR THE NEW YORK STATE MENTALLY DISABLED, INC.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CEO PRESENTS A COPY OF THE DRAFT FORM 990 TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE COMPLIANCE TRAININGS THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0FEDERATION BUILDING 74 HOUSING DEVELOPMENT FUND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0273339317
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0FEDERATION BUILDING 74 GP INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01 FARMINGDALE ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0WEST BABYLON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd011704
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0273339373
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0RELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0DEVELOP, REHABILITATE, LEASE, MANAGE, AND OPERATE BUILDING 74 PROJECT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0FEDERATION BUILDING 74 LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01 FARMINGDALE ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0WEST BABYLON
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd011704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FEDERATION OF ORGANIZATIONS FOR THE NYS MENTALLY DISABLED INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1FEDERATION OF ORGANIZATIONS HOUSING DEVELOPMENT PROGRAM I INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2FEDERATION BUILDING 74 HOUSING DEVELOPMENT FUND CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237237931
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1201020412
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2273339228
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE HOUSING OPPORTUNITIES FOR PERSONS WITH PSYCHIATRIC DISABILITIES.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE HOUSING FOR PEOPLE WITH MENTAL ILLNESS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2ASSIST IN DEVELOPMENT & CONSTRUCTION OF LOW INCOME HOUSING.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01 FARMINGDALE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11 FARMINGDALE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21 FARMINGDALE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEST BABYLON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WEST BABYLON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2WEST BABYLON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd011704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd111704
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd211704
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0651633
IRS990/TotalAssetsEOYAmt0598581
IRS990/TotalAssetsGrp/BOYAmt0651633
IRS990/TotalAssetsGrp/EOYAmt0598581
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0587144
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00

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