Civic Intelligence

Clear the Way Supportive Housing Co

EIN 82-2179485 • 501(c)3 • Ronkonkoma, NY

Profile

To assist in the epidemic of homelessness and provide quality affordable homes for the disabled battered veterans, victims of abuse, and homeless families.

5018 Express Drive S Ste 204Ronkonkoma, NY 11779

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.06x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

11.36x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

30th percentile

-2.4%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,450,237

Down $89,176 (-2.5%) from 2022

Liabilities

Down

$3,654,430

Down $83,187 (-2.2%) from 2022

Net Assets

Down

-$204,193

Down $5,989 (-3.0%) from 2022

Revenue

Down

-$3,974

Down $119,617 (-103%) from 2022

Expenses

Down

$2,015

Down $226,799 (-99%) from 2022

Net Income

Up

-$5,989

Up $107,182 (+95%) from 2022

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $2,406,025Liabilities 2019: $2,455,000Net Assets 2019: -$48,9752019Assets 2020: $2,349,217Liabilities 2020: $2,480,629Net Assets 2020: -$131,4122020Assets 2021: $3,064,170Liabilities 2021: $3,149,088Net Assets 2021: -$84,9182021Assets 2022: $3,539,413Liabilities 2022: $3,737,617Net Assets 2022: -$198,2042022Assets 2023: $3,450,237Liabilities 2023: $3,654,430Net Assets 2023: -$204,1932023

Highlighted filing

2023

Assets$3,450,237
Liabilities$3,654,430
Net Assets-$204,193

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $194,892Expenses 2019: $243,867Net Income 2019: -$48,9752019Revenue 2020: $218,415Expenses 2020: $300,852Net Income 2020: -$82,4372020Revenue 2021: $116,308Expenses 2021: $76,114Net Income 2021: $40,1942021Revenue 2022: $115,643Expenses 2022: $228,814Net Income 2022: -$113,1712022Revenue 2023: -$3,974Expenses 2023: $2,015Net Income 2023: -$5,9892023

Highlighted filing

2023

Revenue-$3,974
Expenses$2,015
Net Income-$5,989

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To assist in the epidemic of homelessness and provide quality affordable homes for the disabled battered veterans, victims of abuse, and homeless families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,956,962$2,870,875▼ $86,087
Other Notes and Loans Receivable, Net$468,629$468,629→ $0
Loans From Officers Directors$391,096$305,010▼ $86,086
Cash and Non-Interest-Bearing Accounts$91,500$88,630▼ $2,870
Receivables From Officers Etc$14,537$14,537→ $0
Intangible Assets$6,290$6,071▼ $219
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,539,413$3,450,237▼ $89,176
Other Assets Total$1,495$1,495→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,980,862$2,980,862→ $0
Other Liabilities$365,659$368,558▲ $2,899
Total Liabilities$3,737,617$3,654,430▼ $83,187
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-198,204$-204,193▼ $5,989
Total Net Assets Fund Balance$-198,204$-204,193▼ $5,989
Total Liabilities and Net Assets / Fund Balance$3,539,413$3,450,237▼ $89,176

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,022,473-$58,979
Equipment$1,313$2,528-
Leasehold Improvements$453,127$27,410-
Buildings$1,393,962$327,539$-58,979
Compensation and Service Providers

Board Members and Trustees

NameTitle
John SheaDirector
Melissa SheaDirector
Michael MulhollandDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-3,974
Change in Net Assets
$-5,989
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,015
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
Interest-$904-$904
Travel$861--$861
Depreciation Depletion$219--$219
Office Expenses-$31-$31
Total Functional Expenses$1,080$935$0$2,015
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$391,096$305,010▼ $86,086
Receivables from Officers, Directors, Trustees, and Key Employees$14,537$14,537→ $0
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Everyday Capital$302,655
Deposit on House$57,000
Due to Grand Manor$5,122
Wells Fargo CC6682$1,537
Wf Cc 5168$1,362
Due to Cleat the Way Supportive Services$882
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Clear The Way Supportive Housing Co
EIN
82-2179485
Phone
6315046096
Address
5018 Express Drive S Ste 204, Ronkonkoma, NY 11779

Signing Officer

Name
Melissa Shea
Title
Director
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Shea
Formed
2017
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
3
Volunteers
5

Preparer

Firm
Saranto P Calamas CPA
Address
640D Belle Terre Rd, PORT JEFFERSON, NY 11777
Preparer
Saranto Calamas CPA
Phone
6319280002
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-204193
IRS990/TotalProgramServiceExpensesAmt01080
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-3974
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-3974
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03539413
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03450237
IRS990/TravelGrp/ProgramServicesAmt0861
IRS990/TravelGrp/TotalAmt0861
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt05018 Express Drive S Ste 204
IRS990/USAddress/CityNm0Ronkonkoma
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011779
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Melissa Shea
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Clear The Way Supportive Housing Co
ReturnHeader/Filer/BusinessNameControlTxt0CLEA
ReturnHeader/Filer/EIN0822179485
ReturnHeader/Filer/PhoneNum06315046096
ReturnHeader/Filer/USAddress/AddressLine1Txt05018 Express Drive S Ste 204
ReturnHeader/Filer/USAddress/CityNm0Ronkonkoma
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011779
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020644214
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SARANTO P CALAMAS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0640D Belle Terre Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT JEFFERSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011777
ReturnHeader/PreparerPersonGrp/PhoneNum06319280002
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Saranto Calamas CPA
ReturnHeader/ReturnTs02024-11-14T05:33:11-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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