Civic Intelligence

Townsend Home Housing Development Fund Company Inc.

990 • Fiscal year 2017 • EIN 47-2619608

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 09, 2018

Organization ProfileN/A
643 Park AvenueSyracuse, NY 13204

(315) 425-7775

Siviq Scores

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

Liabilities / Assets

71st percentile

1.02x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

12.22x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Net Margin

9th percentile

-52%

Higher net margin than 9% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$101,500

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2017 filings • NTEE L • $5M-$10M nonprofits • Source year 2017

Asset Growth

48th percentile

-1.6%

Faster asset growth than 48% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-36%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$5,071,787

Down $83,893 (-1.6%) from 2016

Net Assets

Down

-$115,785

Down $219,698 (-211%) from 2016

Liabilities

Up

$5,187,572

Up $135,805 (+2.7%) from 2016

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin9th percentile

Revenue

Down

$424,427

Down $243,527 (-36%) from 2016

Expenses

Up

$644,125

Up $21,915 (+3.5%) from 2016

Net Income

Down

-$219,698

Down $265,442 (-580%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $2,570,772Liabilities 2015: $2,512,603Net Assets 2015: $58,1692015Assets 2016: $5,155,680Liabilities 2016: $5,051,767Net Assets 2016: $103,9132016Assets 2017: $5,071,787Liabilities 2017: $5,187,572Net Assets 2017: -$115,7852017Assets 2018: $5,009,843Liabilities 2018: $5,159,428Net Assets 2018: -$149,5852018Assets 2019: $4,907,704Liabilities 2019: $5,156,127Net Assets 2019: -$248,4232019Assets 2020: $4,832,736Liabilities 2020: $5,136,583Net Assets 2020: -$303,8472020Assets 2021: $4,767,553Liabilities 2021: $5,122,624Net Assets 2021: -$355,0712021Assets 2022: $4,592,646Liabilities 2022: $5,059,001Net Assets 2022: -$466,3552022Assets 2023: $4,515,112Liabilities 2023: $5,048,000Net Assets 2023: -$532,8882023Assets 2024: $4,402,454Liabilities 2024: $5,073,575Net Assets 2024: -$671,1212024

Highlighted filing

2017

Assets$5,071,787
Liabilities$5,187,572
Net Assets-$115,785
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.0M$500K$0-$500KRevenue 2015: $363,748Expenses 2015: $305,579Net Income 2015: $58,1692015Revenue 2016: $667,954Expenses 2016: $622,210Net Income 2016: $45,7442016Revenue 2017: $424,427Expenses 2017: $644,125Net Income 2017: -$219,6982017Revenue 2018: $400,300Expenses 2018: $434,100Net Income 2018: -$33,8002018Revenue 2019: $360,029Expenses 2019: $458,867Net Income 2019: -$98,8382019Revenue 2020: $387,704Expenses 2020: $443,128Net Income 2020: -$55,4242020Revenue 2021: $392,753Expenses 2021: $443,977Net Income 2021: -$51,2242021Revenue 2022: $425,421Expenses 2022: $536,705Net Income 2022: -$111,2842022Revenue 2023: $455,976Expenses 2023: $522,509Net Income 2023: -$66,5332023Revenue 2024: $433,074Expenses 2024: $571,307Net Income 2024: -$138,2332024

Highlighted filing

2017

Revenue$424,427
Expenses$644,125
Net Income-$219,698
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 9, 2018
Return Version
2017v2.2
Gross Receipts
$424,427
Mission and Program Overview

Mission

The corporation was organized solely and specifically to develop, own, and operate a low-income housing project on a nonprofit basis pursuant to section 45a of the private housing finance law.

The purpose of the organization is to provide housing accommodations for persons and families of low-income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,008,246$4,912,856▼ $95,390
Savings and Temporary Cash Investments$113,611$112,936▼ $675
Other Notes and Loans Receivable, Net$13,501$19,300▲ $5,799
Prepaid Expenses and Deferred Charges$6,545$16,811▲ $10,266
Accounts Receivable$6,030$2,280▼ $3,750
Intangible Assets-$0-
Total Assets$5,155,680$5,071,787▼ $83,893
Other Assets Total$7,747$7,604▼ $143
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,523,664$4,659,464▲ $135,800
Other Liabilities$501,610$506,147▲ $4,537
Accounts Payable and Accrued Expenses$26,493$21,961▼ $4,532
Total Liabilities$5,051,767$5,187,572▲ $135,805
Net Assets / Fund Balance
Unrestricted Net Assets$103,913$-115,785▼ $219,698
Total Net Assets Fund Balance$103,913$-115,785▼ $219,698
Total Liabilities and Net Assets / Fund Balance$5,155,680$5,071,787▼ $83,893

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,537,206$213,367$4,750,573
Other Land Buildings$308,251$40,216$348,467
Land$67,399-$67,399
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Robert SekowskiDirector/president/treasurPT$101,500$101,500
William DemarieDirector/VP/secretaryPT$101,500$101,500

Board Members and Trustees

NameTitle
Vince SpinaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$331,849
Program Service Revenue
$92,570
Investment Income
$8
Other Revenue
$0
Change in Net Assets
$-219,698

Audited Revenue Reconciliation

Revenue per Audited Statements
$424,427
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$424,427
Total Revenue per Form 990
$424,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$589,566
Salaries, Compensation, and Employee Benefits$54,559
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$184,537--$184,537
Depreciation Depletion$145,709--$145,709
Interest$61,537--$61,537
Other Salaries and Wages$32,982$6,829-$39,811
Occupancy$36,551--$36,551
Fees for Services Accounting-$27,880-$27,880
Insurance$24,280--$24,280
Other Employee Benefits$9,789$1,824-$11,613
All Other Expenses$8,315$134-$8,449
Other Expenses$8,400--$8,400
Office Expenses$4,826$1,864-$6,690
Payroll Taxes$2,508$627-$3,135
Fees for Services Other$1,798--$1,798
Fees for Services Legal$835--$835
Advertising$584--$584
Total Functional Expenses$604,967$39,158$0$644,125

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$644,125
Total Expenses per Audited Statements$644,125
Total Expenses per Form 990$644,125
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on 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
Accounts Payable - Development$554,190
Accounts Payable - Construction$13,486
Accrued Interest$12,996
Security Deposit Liability$7,604
Unamortized Debt Issuance Costs$-82,129
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management duties of the organization's affordable housing property have been assigned to conifer realty, llc, a property management and development company located in rochester, ny.”

Form 990, Part VI, Section A, Line 6

“The organization's sole member is 212 townsend associates, llc, a disregarded entity whose sole member is empire housing and development corporation, a related 501(c)(3) organization.”

Form 990, Part VI, Section A, Line 7A

“The officers of the organization are nominated and appointed by the board of directors at the board's annual meeting. Officers serve for a period of 1 year, or until their successors are appointed.”

Form 990, Part VI, Section A, Line 7B

“Governance decisions are also subject to approval by the board of empire housing & development, a related 501(c)(3) entity.”

Form 990, Part VI, Section B, Line 11B

“The form 990 review process is delegated to a designated officer of the corporation.”

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

“Prior to the election of any director, and annually thereafter, each director submits to the secretary a written statement identifying any potential conflicts of interest that may exist. Statements are then submitted to the chair of the audit committee, or the chair of the board, as applicable and reviewed by the independent directors of the audit committee or the remaining independent directors of the board, as applicable.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Townsend Home Housing Development Fund
EIN
47-2619608
Phone
3154257775
Address
643 PARK AVENUE, SYRACUSE, NY 13204

Signing Officer

Name
Robert Sekowski
Title
President
Phone
3154257775
Signed
2018-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Sekowski
Formed
2014
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
1
Employees
4
Volunteers
3

Preparer

Firm
Flaherty Salmin Llp
Address
2300 BUFFALO RD BLDG 200, ROCHESTER, NY 14624
Preparer
Riley K Carhart CPA
Phone
5852790120
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Income taxes - no provision or benefit for income taxes has been included in these financial statements since the entity is exempt from federal income taxes, except tax on unrelated business income, under section 501(a) of the internal revenue code as an organization described in section 501 (c)(3). The organization is also exempt from state income taxes under the provisions of the new york nonprofit corporation law. The organization had no unrelated business income for the year ended december 31, 2017.”

Raw XML AppendixShowing 400 of 423 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01186056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0270053
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01186056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0331849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0580413
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0273794
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01186056
IRS990ScheduleA/TotalSupportAmt01186076
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04537206
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0213367
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04750573
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0644125
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt067399
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067399
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0308251
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040216
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0348467
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1554190
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-82129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt312996
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt413486
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCOUNTS PAYABLE - DEVELOPMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNAMORTIZED DEBT ISSUANCE COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCOUNTS PAYABLE - CONSTRUCTION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0424427
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES - NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE THE ENTITY IS EXEMPT FROM FEDERAL INCOME TAXES, EXCEPT TAX ON UNRELATED BUSINESS INCOME, UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501 (C)(3). THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE NEW YORK NONPROFIT CORPORATION LAW. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04912856
IRS990ScheduleD/TotalExpensesPerForm990Amt0644125
IRS990ScheduleD/TotalLiabilityAmt0506147
IRS990ScheduleD/TotalRevenuePerForm990Amt0424427
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0424427
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0644125
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES OF THE ORGANIZATION'S AFFORDABLE HOUSING PROPERTY HAVE BEEN ASSIGNED TO CONIFER REALTY, LLC, A PROPERTY MANAGEMENT AND DEVELOPMENT COMPANY LOCATED IN ROCHESTER, NY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SOLE MEMBER IS 212 TOWNSEND ASSOCIATES, LLC, A DISREGARDED ENTITY WHOSE SOLE MEMBER IS EMPIRE HOUSING AND DEVELOPMENT CORPORATION, A RELATED 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS OF THE ORGANIZATION ARE NOMINATED AND APPOINTED BY THE BOARD OF DIRECTORS AT THE BOARD'S ANNUAL MEETING. OFFICERS SERVE FOR A PERIOD OF 1 YEAR, OR UNTIL THEIR SUCCESSORS ARE APPOINTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNANCE DECISIONS ARE ALSO SUBJECT TO APPROVAL BY THE BOARD OF EMPIRE HOUSING & DEVELOPMENT, A RELATED 501(C)(3) ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 REVIEW PROCESS IS DELEGATED TO A DESIGNATED OFFICER OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR TO THE ELECTION OF ANY DIRECTOR, AND ANNUALLY THEREAFTER, EACH DIRECTOR SUBMITS TO THE SECRETARY A WRITTEN STATEMENT IDENTIFYING ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY EXIST. STATEMENTS ARE THEN SUBMITTED TO THE CHAIR OF THE AUDIT COMMITTEE, OR THE CHAIR OF THE BOARD, AS APPLICABLE AND REVIEWED BY THE INDEPENDENT DIRECTORS OF THE AUDIT COMMITTEE OR THE REMAINING INDEPENDENT DIRECTORS OF THE BOARD, AS APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EMPIRE HOUSING AND DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0161462012
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0643 PARK AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd013204
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
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/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05155680
IRS990/TotalAssetsEOYAmt05071787
IRS990/TotalAssetsGrp/BOYAmt05155680
IRS990/TotalAssetsGrp/EOYAmt05071787
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0331849
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039158
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0604967
IRS990/TotalFunctionalExpensesGrp/TotalAmt0644125
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05051767
IRS990/TotalLiabilitiesEOYAmt05187572
IRS990/TotalLiabilitiesGrp/BOYAmt05051767
IRS990/TotalLiabilitiesGrp/EOYAmt05187572
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0103913
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-115785
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0604967
IRS990/TotalProgramServiceRevenueAmt092570
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt092570
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0424427
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05155680
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05071787
IRS990/TotReportableCompRltdOrgAmt0203000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0103913
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-115785
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0643 PARK AVENUE
IRS990/USAddress/CityNm0SYRACUSE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013204
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SEKOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03154257775
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOWNSEND HOME HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0TOWN
ReturnHeader/Filer/EIN0472619608
ReturnHeader/Filer/PhoneNum03154257775
ReturnHeader/Filer/USAddress/AddressLine1Txt0643 PARK AVENUE
ReturnHeader/Filer/USAddress/CityNm0SYRACUSE

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,071,787
Liabilities
$5,187,572
Net assets
-$115,785
Revenue
$424,427
Expenses
$644,125
Net income
-$219,698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$5.07$0.67$0.43$0.57$0.14
2023Detailed filing. Detailed filing data is available for this year.$4.52$5.05$0.53$0.46$0.52$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.59$5.06$0.47$0.43$0.54$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.77$5.12$0.36$0.39$0.44$0.05
2020Detailed filing. Detailed filing data is available for this year.$4.83$5.14$0.30$0.39$0.44$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.91$5.16$0.25$0.36$0.46$0.10
2018Detailed filing. Detailed filing data is available for this year.$5.01$5.16$0.15$0.40$0.43$0.03
2017Detailed filing. Detailed filing data is available for this year.$5.07$5.19$0.12$0.42$0.64$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.16$5.05$0.10$0.67$0.62$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.57$2.51$0.06$0.36$0.31$0.06