Civic Intelligence

Palatine Manor Housing Development Fund Corporation

990 • Fiscal year 2015 • EIN 31-1573533

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

Organization ProfileN/A
32 Church AvenueGermantown, NY 12526-0115

(413) 525-4321

Siviq Scores

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

Liabilities / Assets

96th percentile

2.00x

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

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

79th percentile

8.80x

Higher debt load relative to revenue than 79% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Net Margin

21st percentile

-35%

Higher net margin than 21% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2015 filings • NTEE L • $1M-$5M nonprofits • Source year 2015

Asset Growth

14th percentile

-6.3%

Faster asset growth than 14% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

65th percentile

4.5%

Faster revenue growth than 65% of similar nonprofits.

2015 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$1,707,102

Down $113,974 (-6.3%) from 2014

Net Assets

Down

-$1,699,708

Down $135,601 (-8.7%) from 2014

Liabilities

Up

$3,406,810

Up $21,627 (+0.6%) from 2014

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin21st percentile

Revenue

Up

$387,208

Up $16,812 (+4.5%) from 2014

Expenses

Up

$522,809

Up $35,184 (+7.2%) from 2014

Net Income

Down

-$135,601

Down $18,372 (-16%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $2,258,428Liabilities 2010: $3,356,133Net Assets 2010: -$1,097,7052010Assets 2011: $2,129,825Liabilities 2011: $3,369,508Net Assets 2011: -$1,239,6832011Assets 2012: $2,019,778Liabilities 2012: $3,361,021Net Assets 2012: -$1,341,2432012Assets 2013: $1,928,749Liabilities 2013: $3,375,627Net Assets 2013: -$1,446,8782013Assets 2014: $1,821,076Liabilities 2014: $3,385,183Net Assets 2014: -$1,564,1072014Assets 2015: $1,707,102Liabilities 2015: $3,406,810Net Assets 2015: -$1,699,7082015Assets 2016: $1,606,807Liabilities 2016: $3,430,154Net Assets 2016: -$1,823,3472016Assets 2017: $1,512,296Liabilities 2017: $3,445,051Net Assets 2017: -$1,932,7552017Assets 2018: $1,428,342Liabilities 2018: $3,470,649Net Assets 2018: -$2,042,3072018Assets 2019: $1,309,860Liabilities 2019: $3,479,209Net Assets 2019: -$2,169,3492019Assets 2020: $1,219,742Liabilities 2020: $3,535,969Net Assets 2020: -$2,316,2272020Assets 2021: $1,045,303Liabilities 2021: $3,534,420Net Assets 2021: -$2,489,1172021Assets 2022: $938,013Liabilities 2022: $3,653,101Net Assets 2022: -$2,715,0882022Assets 2023: $803,044Liabilities 2023: $3,608,655Net Assets 2023: -$2,805,6112023Assets 2024: $765,395Liabilities 2024: $3,594,821Net Assets 2024: -$2,829,4262024

Highlighted filing

2015

Assets$1,707,102
Liabilities$3,406,810
Net Assets-$1,699,708
Open 2015 Filing

Operations Trend

Revenue Growth65th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $450,7012010Expenses 2011: $480,5892011Expenses 2012: $456,6032012Revenue 2013: $359,873Expenses 2013: $465,508Net Income 2013: -$105,6352013Revenue 2014: $370,396Expenses 2014: $487,625Net Income 2014: -$117,2292014Revenue 2015: $387,208Expenses 2015: $522,809Net Income 2015: -$135,6012015Revenue 2016: $388,483Expenses 2016: $512,122Net Income 2016: -$123,6392016Revenue 2017: $402,755Expenses 2017: $512,163Net Income 2017: -$109,4082017Revenue 2018: $411,510Expenses 2018: $521,062Net Income 2018: -$109,5522018Revenue 2019: $422,686Expenses 2019: $549,728Net Income 2019: -$127,0422019Revenue 2020: $449,796Expenses 2020: $566,869Net Income 2020: -$117,0732020Revenue 2021: $422,849Expenses 2021: $595,739Net Income 2021: -$172,8902021Revenue 2022: $435,925Expenses 2022: $661,896Net Income 2022: -$225,9712022Revenue 2023: $533,397Expenses 2023: $623,920Net Income 2023: -$90,5232023Revenue 2024: $645,366Expenses 2024: $669,181Net Income 2024: -$23,8152024

Highlighted filing

2015

Revenue$387,208
Expenses$522,809
Net Income-$135,601
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$387,208
Mission and Program Overview

Mission

To provide affordable low-income housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,546,490$1,423,690▼ $122,800
Savings and Temporary Cash Investments$215,550$235,783▲ $20,233
Prepaid Expenses and Deferred Charges$25,858$25,791▼ $67
Cash and Non-Interest-Bearing Accounts$33,178$365▼ $32,813
Accounts Receivable-$189-
Total Assets$1,821,076$1,707,102▼ $113,974
Other Assets Total-$21,284-
Liabilities
Other Liabilities$3,364,486$3,382,765▲ $18,279
Accounts Payable and Accrued Expenses$20,697$24,045▲ $3,348
Total Liabilities$3,385,183$3,406,810▲ $21,627
Net Assets / Fund Balance
Unrestricted Net Assets$-1,564,107$-1,699,708▼ $135,601
Total Net Assets Fund Balance$-1,564,107$-1,699,708▼ $135,601
Total Liabilities and Net Assets / Fund Balance$1,821,076$1,707,102▼ $113,974

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,402,190$2,246,030$3,648,220
Equipment-$53,059$53,059
Land$21,500-$21,500
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Marilyn HallPresident
Shirley KasperDirector
Andrea DipaceSecretary
Luanne KlineTreasurer
Joan SnyderVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$379,284
Investment Income
$3,265
Other Revenue
$4,659
Change in Net Assets
$-135,601

Audited Revenue Reconciliation

Revenue per Audited Statements
$387,208
Total Revenue per Audited Statements
$387,208
Total Revenue per Form 990
$387,208
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$522,809
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$135,100--$135,100
Occupancy$69,712--$69,712
Insurance$51,501--$51,501
Fees for Services Management-$45,051-$45,051
All Other Expenses$22,173--$22,173
Interest$17,217--$17,217
Office Expenses-$15,847-$15,847
Fees for Services Accounting-$13,325-$13,325
Other Expenses$8,277$14,297-$8,277
Advertising-$655-$655
Conferences and Meetings-$515-$515
Total Functional Expenses$388,262$134,547$0$522,809

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$522,809
Total Expenses per Audited Statements$522,809
Total Expenses per Form 990$522,809
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
Mortgages Payable$3,048,478
Accrued Interest Payable$287,365
Advance Payable Reformed Church$27,000
Tenant Security Deposits$19,922
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management services are provided by: carr property management, inc. 24 deer park drive east longmeadow, ma 01028”

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

“The board president receives a copy of the return for review and approval. Upon approval, the board president will provide authorization to file the return.”

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

“All members of the board of directors are required to annually execute a conflict of interest document stating that they have received, read and understand, and agree to comply with the conflict of interest document. The conflict of interest document requires the board members to disclose any potential conflicts of interest immediately. The board president will, upon notification of such an event, appoint a disinterested person or committee to investigate alternatives to the proposed transaction. Violations of the conflict of interest policy can result in appropriate disciplinary and corrective action. Also, all board members, by executing the conflict of interest document, acknowledge that they share the responsibility of the entity to remain faithful to the organization's charitable purpose.”

Form 990, Page 6, Part VI, Line 19

“Governing documents of the organization are made available to the public upon reasonable request.”

Filing and Contact Details

Filer

Filer Name
Palatine Manor Housing Development
EIN
31-1573533
Address
32 CHURCH AVENUE, GERMANTOWN, NY 12526-0115

Signing Officer

Name
Marilyn Hall
Title
President
Phone
4135254321
Signed
2016-05-10

Organization Details

Principal Officer
Marilyn Hall
Formed
1997
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Burkhart Pizzanelli Pc
Address
201 PARK AVE SUITE 2, WEST SPRINGFIELD, MA 01089-1597
Preparer
Julie Quink
Phone
4137349040
Raw XML Appendix373 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/BOYAmt020697
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024045
IRS990/AccountsReceivableGrp/EOYAmt0189
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE LOW-INCOME HOUSING FOR THE ELDERLY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0655
IRS990/AdvertisingGrp/TotalAmt0655
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022173
IRS990/AllOtherExpensesGrp/TotalAmt022173
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0CARR PROPERTY MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum04135254321
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt024 DEER PARK DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0EAST LONGMEADOW
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001028
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt033178
IRS990/CashNonInterestBearingGrp/EOYAmt0365
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0515
IRS990/ConferencesMeetingsGrp/TotalAmt0515
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03265
IRS990/CYOtherExpensesAmt0522809
IRS990/CYOtherRevenueAmt04659
IRS990/CYProgramServiceRevenueAmt0379284
IRS990/CYRevenuesLessExpensesAmt0-135601
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0522809
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0387208
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0135100
IRS990/DepreciationDepletionGrp/TotalAmt0135100
IRS990/Desc0PALATINE MANOR HOUSING DEVELOPMENT FUND CORPORATION HAS DEVELOPED AND CURRENTLY OPERATES, ON A NON-PROFIT BASIS, A HOUSING PROJECT THAT PROVIDES AFFORDABLE HOUSING FOR ELDERLY PERSONS OF LOW-INCOME. THE HOUSING PROJECT IS LOCATED IN GERMANTOWN, NEW YORK.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0388262
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013325
IRS990/FeesForServicesAccountingGrp/TotalAmt013325
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt045051
IRS990/FeesForServicesManagementGrp/TotalAmt045051
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0MARILYN HALL
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDREA DIPACE
IRS990/Form990PartVIISectionAGrp/PersonNm2LUANNE KLINE
IRS990/Form990PartVIISectionAGrp/PersonNm3JOAN SNYDER
IRS990/Form990PartVIISectionAGrp/PersonNm4SHIRLEY KASPER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0387208
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt051501
IRS990/InsuranceGrp/TotalAmt051501
IRS990/InterestGrp/ProgramServicesAmt017217
IRS990/InterestGrp/TotalAmt017217
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03265
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03265
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02299089
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01546490
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01423690
IRS990/LandBldgEquipCostOrOtherBssAmt03722779
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AFFORDABLE LOW-INCOME HOUSING FOR THE ELDERLY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-1564107
IRS990/NetAssetsOrFundBalancesEOYAmt0-1699708
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt069712
IRS990/OccupancyGrp/TotalAmt069712
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015847
IRS990/OfficeExpensesGrp/TotalAmt015847
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt021284
IRS990/OtherExpensesGrp/Desc0ALLOCATED MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc1CONTRACTS
IRS990/OtherExpensesGrp/Desc2SERVICE COORDINATOR EXPEN
IRS990/OtherExpensesGrp/Desc3REPAIR MATERIAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044857
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114297
IRS990/OtherExpensesGrp/ProgramServicesAmt040717
IRS990/OtherExpensesGrp/ProgramServicesAmt143565
IRS990/OtherExpensesGrp/ProgramServicesAmt28277
IRS990/OtherExpensesGrp/TotalAmt085574
IRS990/OtherExpensesGrp/TotalAmt143565
IRS990/OtherExpensesGrp/TotalAmt214297
IRS990/OtherExpensesGrp/TotalAmt38277
IRS990/OtherLiabilitiesGrp/BOYAmt03364486
IRS990/OtherLiabilitiesGrp/EOYAmt03382765
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04659
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04659
IRS990/OtherRevenueTotalAmt04659
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025858
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025791
IRS990/PrincipalOfficerNm0MARILYN HALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1RENT REVENUE-GROSS POTENTIAL
IRS990/ProgramServiceRevenueGrp/Desc2RENT REVENUE-GROSS POT'L-STAT
IRS990/ProgramServiceRevenueGrp/Desc3APARTMENT VACANCIES-STATE
IRS990/ProgramServiceRevenueGrp/Desc4APARTMENT VACANCIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0154773
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1140400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt290900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-2747
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-4042
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0154773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1140400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt290900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-2747
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-4042
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02417
IRS990/PYOtherExpensesAmt0392731
IRS990/PYProgramServiceRevenueAmt0367979
IRS990/PYRevenuesLessExpensesAmt0-117228
IRS990/PYSalariesCompEmpBnftPaidAmt094893
IRS990/PYTotalExpensesAmt0487624
IRS990/PYTotalRevenueAmt0370396
IRS990/ReconcilationRevenueExpnssAmt0-135601
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0379284
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0215550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0235783
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03265
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01253
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01588
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01987
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010510
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0383943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0367979
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0358620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0353455
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0336624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01800621
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01588
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010510
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99420
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal509Amt01800621
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0383943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0367979
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0358620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0353455
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0336624
IRS990ScheduleA/Total509Grp/TotalAmt01800621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0387208
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0370396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0359873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0355043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0338611
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01811131
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01402190
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02246030
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03648220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt053059
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053059
IRS990ScheduleD/ExpensesSubtotalAmt0522809
IRS990ScheduleD/LandGrp/BookValueAmt021500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt021500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03048478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1287365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt227000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt319922
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ADVANCE PAYABLE REFORMED CHURCH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0387208
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01423690
IRS990ScheduleD/TotalExpensesPerForm990Amt0522809
IRS990ScheduleD/TotalLiabilityAmt03382765
IRS990ScheduleD/TotalRevenuePerForm990Amt0387208
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0387208
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0522809
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT SERVICES ARE PROVIDED BY: CARR PROPERTY MANAGEMENT, INC. 24 DEER PARK DRIVE EAST LONGMEADOW, MA 01028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD PRESIDENT RECEIVES A COPY OF THE RETURN FOR REVIEW AND APPROVAL. UPON APPROVAL, THE BOARD PRESIDENT WILL PROVIDE AUTHORIZATION TO FILE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY EXECUTE A CONFLICT OF INTEREST DOCUMENT STATING THAT THEY HAVE RECEIVED, READ AND UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST DOCUMENT. THE CONFLICT OF INTEREST DOCUMENT REQUIRES THE BOARD MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY. THE BOARD PRESIDENT WILL, UPON NOTIFICATION OF SUCH AN EVENT, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY CAN RESULT IN APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALSO, ALL BOARD MEMBERS, BY EXECUTING THE CONFLICT OF INTEREST DOCUMENT, ACKNOWLEDGE THAT THEY SHARE THE RESPONSIBILITY OF THE ENTITY TO REMAIN FAITHFUL TO THE ORGANIZATION'S CHARITABLE PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01821076
IRS990/TotalAssetsEOYAmt01707102
IRS990/TotalAssetsGrp/BOYAmt01821076
IRS990/TotalAssetsGrp/EOYAmt01707102
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0134547
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0388262
IRS990/TotalFunctionalExpensesGrp/TotalAmt0522809
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03385183
IRS990/TotalLiabilitiesEOYAmt03406810
IRS990/TotalLiabilitiesGrp/BOYAmt03385183
IRS990/TotalLiabilitiesGrp/EOYAmt03406810
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1564107
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1699708
IRS990/TotalProgramServiceExpensesAmt0388262
IRS990/TotalProgramServiceRevenueAmt0379284
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0387208
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0387208
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01821076
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01707102
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1564107
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1699708
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt032 CHURCH AVENUE
IRS990/USAddress/CityNm0GERMANTOWN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0125260115
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARILYN HALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04135254321
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALATINE MANOR HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0PALA
ReturnHeader/Filer/EIN0311573533
ReturnHeader/Filer/USAddress/AddressLine1Txt032 CHURCH AVENUE
ReturnHeader/Filer/USAddress/CityNm0GERMANTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0125260115
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042929980
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURKHART PIZZANELLI PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 PARK AVE SUITE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0010891597
ReturnHeader/PreparerPersonGrp/PhoneNum04137349040
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE QUINK
ReturnHeader/ReturnTs02016-05-16T12:34:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,707,102
Liabilities
$3,406,810
Net assets
-$1,699,708
Revenue
$387,208
Expenses
$522,809
Net income
-$135,601
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.77$3.59$2.83$0.65$0.67$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.80$3.61$2.81$0.53$0.62$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.94$3.65$2.72$0.44$0.66$0.23
2021Detailed filing. Detailed filing data is available for this year.$1.05$3.53$2.49$0.42$0.60$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.22$3.54$2.32$0.45$0.57$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.31$3.48$2.17$0.42$0.55$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.43$3.47$2.04$0.41$0.52$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.51$3.45$1.93$0.40$0.51$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.61$3.43$1.82$0.39$0.51$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.71$3.41$1.70$0.39$0.52$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.82$3.39$1.56$0.37$0.49$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.93$3.38$1.45$0.36$0.47$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$3.36$1.34$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$3.37$1.24$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$3.36$1.10$0.45