Civic Intelligence

Friendship House Housing Development Fund Company Inc.

990 • Fiscal year 2020 • EIN 84-2045943

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

Organization ProfileN/A
117 W Liberty St Suite 3Rome, NY 13440

(315) 337-1401

Siviq Scores

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

Liabilities / Assets

97th percentile

1.60x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

5.58x

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

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

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

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

Asset Growth

14th percentile

-5.3%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

99th percentile

537%

Faster revenue growth than 99% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$3,226,254

Down $180,788 (-5.3%) from 2019

Net Assets

Down

-$1,929,222

Down $110,583 (-6.1%) from 2019

Liabilities

Down

$5,155,476

Down $70,205 (-1.3%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin21st percentile

Revenue

Up

$923,224

Up $778,290 (+537%) from 2019

Expenses

Up

$1,033,807

Up $869,237 (+528%) from 2019

Net Income

Down

-$110,583

Down $90,947 (-463%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2019: $3,407,042Liabilities 2019: $5,225,681Net Assets 2019: -$1,818,6392019Assets 2020: $3,226,254Liabilities 2020: $5,155,476Net Assets 2020: -$1,929,2222020Assets 2021: $3,090,545Liabilities 2021: $5,026,562Net Assets 2021: -$1,936,0172021Assets 2022: $2,732,051Liabilities 2022: $4,945,288Net Assets 2022: -$2,213,2372022Assets 2023: $2,628,354Liabilities 2023: $4,870,967Net Assets 2023: -$2,242,6132023Assets 2024: $2,540,623Liabilities 2024: $4,798,294Net Assets 2024: -$2,257,6712024

Highlighted filing

2020

Assets$3,226,254
Liabilities$5,155,476
Net Assets-$1,929,222
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $144,934Expenses 2019: $164,570Net Income 2019: -$19,6362019Revenue 2020: $923,224Expenses 2020: $1,033,807Net Income 2020: -$110,5832020Revenue 2021: $901,765Expenses 2021: $908,560Net Income 2021: -$6,7952021Revenue 2022: $922,959Expenses 2022: $1,005,172Net Income 2022: -$82,2132022Revenue 2023: $934,300Expenses 2023: $963,676Net Income 2023: -$29,3762023Revenue 2024: $1,043,481Expenses 2024: $1,006,919Net Income 2024: $36,5622024

Highlighted filing

2020

Revenue$923,224
Expenses$1,033,807
Net Income-$110,583
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.1
Gross Receipts
$923,224
Mission and Program Overview

Mission

Friendship house housing development fund company, inc. Is a not for profit corporation formed to operate a 101- unit multifamily housing project for low income located at 23 leon avenue in the city and county of cortland, new york.

Rental of low income apartments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,655,218$2,574,850▼ $80,368
Cash and Non-Interest-Bearing Accounts$264,477$161,647▼ $102,830
Prepaid Expenses and Deferred Charges$21,649$23,870▲ $2,221
Accounts Receivable$397$1,352▲ $955
Total Assets$3,407,042$3,226,254▼ $180,788
Other Assets Total$465,301$464,535▼ $766
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,142,681$5,011,509▼ $131,172
Accounts Payable and Accrued Expenses$30,216$104,002▲ $73,786
Other Liabilities$35,344$34,642▼ $702
Deferred Revenue$17,440$5,323▼ $12,117
Total Liabilities$5,225,681$5,155,476▼ $70,205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,818,639$-1,929,222▼ $110,583
Total Net Assets Fund Balance$-1,818,639$-1,929,222▼ $110,583
Total Liabilities and Net Assets / Fund Balance$3,407,042$3,226,254▼ $180,788

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,441,162$2,781,542$5,222,704
Equipment$4,537$113,817$118,354
Other Land Buildings$74,151$27,782$101,933
Land$55,000--
Other Assets Org$42,100--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
David CarelloPresident
John B LigasDirector
John F BuffaDirector
David CollisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$922,829
Investment Income
$395
Other Revenue
$0
Change in Net Assets
$-110,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$923,224
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$923,224
Total Revenue per Form 990
$923,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$986,635
Salaries, Compensation, and Employee Benefits$47,172
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$205,587--$205,587
Interest$193,673--$193,673
All Other Expenses$104,214--$104,214
Fees for Services Management$59,070--$59,070
Other Employee Benefits$47,172--$47,172
Other Expenses$31,313--$31,313
Insurance$27,709--$27,709
Office Expenses$25,285--$25,285
Fees for Services Accounting$21,244--$21,244
Advertising$4,612--$4,612
Conferences and Meetings$343--$343
Total Functional Expenses$1,033,807$0$0$1,033,807

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,033,807
Total Expenses per Audited Statements$1,033,807
Total Expenses per Form 990$1,033,807
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
Tenant Security Deposits (contra)$34,642
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The management of the property is being provided by crm rental management, inc.”

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

“Board reviews form 990 with audit and notes to accept.”

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

“Company requires annual disclosure in writing.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Friendship House Housing Development
EIN
84-2045943
Phone
3153371401
Address
117 W LIBERTY ST SUITE 3, ROME, NY 13440

Signing Officer

Name
Donald Davidson
Title
Director
Phone
3153371401
Signed
2021-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Davidson
Formed
2019
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Dimarco Abiusi & Pascarella Cpas Pc
Address
4 CLINTON SQUARE - SUITE 104, SYRACUSE, NY 13202-1074
Preparer
Leo Bonfardeci
Phone
3154756954
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Utilities: program service expenses 30,608. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,608. Supplies: program service expenses 21,087. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,087. Unallocated payments to affiliated organizations: program service expenses 19,369. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,369. Vehicle and maintenance: program service expenses 13,066. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,066. Snow removal: program service expenses 6,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,150. Mip/service charge: program service expenses 5,286. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,286. Garbage & trash removal: program service expenses 4,433. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,433. Security payroll: program service expenses 3,262. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,262. Miscellaneous taxes, licenses, and permits: program service expenses 830. Management and general expenses 0. Fundraising expenses 0. Total expenses 830. Bad debt: program service expenses 123. Management and general expenses 0. Fundraising expenses 0. Total expenses 123.”

Form 990, Part XII, Line 2C

“The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent auditor.”

Raw XML Appendix399 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt030216
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0104002
IRS990/AccountsReceivableGrp/BOYAmt0397
IRS990/AccountsReceivableGrp/EOYAmt01352
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0RENTAL OF LOW INCOME APARTMENTS.
IRS990/AdvertisingGrp/ProgramServicesAmt04612
IRS990/AdvertisingGrp/TotalAmt04612
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0104214
IRS990/AllOtherExpensesGrp/TotalAmt0104214
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CRM RENTAL MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum03153371401
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0117 W LIBERTY ST 1
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROME
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013440
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0264477
IRS990/CashNonInterestBearingGrp/EOYAmt0161647
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0343
IRS990/ConferencesMeetingsGrp/TotalAmt0343
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0395
IRS990/CYOtherExpensesAmt0986635
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0922829
IRS990/CYRevenuesLessExpensesAmt0-110583
IRS990/CYSalariesCompEmpBnftPaidAmt047172
IRS990/CYTotalExpensesAmt01033807
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0923224
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt017440
IRS990/DeferredRevenueGrp/EOYAmt05323
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0205587
IRS990/DepreciationDepletionGrp/TotalAmt0205587
IRS990/Desc0RENTAL OF LOW INCOME APARTMENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01033807
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt021244
IRS990/FeesForServicesAccountingGrp/TotalAmt021244
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt059070
IRS990/FeesForServicesManagementGrp/TotalAmt059070
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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/PersonNm0DAVID CARELLO
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN F BUFFA
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID COLLIS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN B LIGAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0923224
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt027709
IRS990/InsuranceGrp/TotalAmt027709
IRS990/InterestGrp/ProgramServicesAmt0193673
IRS990/InterestGrp/TotalAmt0193673
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0395
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0395
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02923141
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02655218
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02574850
IRS990/LandBldgEquipCostOrOtherBssAmt05497991
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FRIENDSHIP HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. IS A NOT FOR PROFIT CORPORATION FORMED TO OPERATE A 101- UNIT MULTIFAMILY HOUSING PROJECT FOR LOW INCOME LOCATED AT 23 LEON AVENUE IN THE CITY AND COUNTY OF CORTLAND, NEW YORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05142681
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05011509
IRS990/NetAssetsOrFundBalancesBOYAmt0-1818639
IRS990/NetAssetsOrFundBalancesEOYAmt0-1929222
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1818639
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1929222
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt025285
IRS990/OfficeExpensesGrp/TotalAmt025285
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0465301
IRS990/OtherAssetsTotalGrp/EOYAmt0464535
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047172
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047172
IRS990/OtherExpensesGrp/Desc0PEO SERVICE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2CONTRACTS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS ADMINISTR
IRS990/OtherExpensesGrp/ProgramServicesAmt0223812
IRS990/OtherExpensesGrp/ProgramServicesAmt156734
IRS990/OtherExpensesGrp/ProgramServicesAmt233039
IRS990/OtherExpensesGrp/ProgramServicesAmt331313
IRS990/OtherExpensesGrp/TotalAmt0223812
IRS990/OtherExpensesGrp/TotalAmt156734
IRS990/OtherExpensesGrp/TotalAmt233039
IRS990/OtherExpensesGrp/TotalAmt331313
IRS990/OtherLiabilitiesGrp/BOYAmt035344
IRS990/OtherLiabilitiesGrp/EOYAmt034642
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021649
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023870
IRS990/PrincipalOfficerNm0DONALD DAVIDSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY AND VENDING IN
IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0907042
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114826
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2880
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0907042
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114826
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt381
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0327
IRS990/PYOtherExpensesAmt0159286
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0144607
IRS990/PYRevenuesLessExpensesAmt0-19636
IRS990/PYSalariesCompEmpBnftPaidAmt05284
IRS990/PYTotalExpensesAmt0164570
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0144934
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-110583
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0923224
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CORPORATION START DATE: JUNE 3, 2019 BUILDING ACQUISITION DATE: OCTOBER 25, 2019
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0327
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0922829
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0144607
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01067436
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0722
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01067436
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0922829
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0144607
IRS990ScheduleA/Total509Grp/TotalAmt01067436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0923224
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0144934
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01068158
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02441162
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02781542
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05222704
IRS990ScheduleD/EquipmentGrp/BookValueAmt04537
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113817
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118354
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01033807
IRS990ScheduleD/LandGrp/BookValueAmt055000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt055000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt034642
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1387793
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt242100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2WORK IN PROCESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt074151
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027782
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101933
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS (CONTRA)
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0923224
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02574850
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0464535
IRS990ScheduleD/TotalExpensesPerForm990Amt01033807
IRS990ScheduleD/TotalLiabilityAmt034642
IRS990ScheduleD/TotalRevenuePerForm990Amt0923224
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0923224
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01033807
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGEMENT OF THE PROPERTY IS BEING PROVIDED BY CRM RENTAL MANAGEMENT, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS FORM 990 WITH AUDIT AND NOTES TO ACCEPT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPANY REQUIRES ANNUAL DISCLOSURE IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES: PROGRAM SERVICE EXPENSES 30,608. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,608. SUPPLIES: PROGRAM SERVICE EXPENSES 21,087. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,087. UNALLOCATED PAYMENTS TO AFFILIATED ORGANIZATIONS: PROGRAM SERVICE EXPENSES 19,369. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,369. VEHICLE AND MAINTENANCE: PROGRAM SERVICE EXPENSES 13,066. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,066. SNOW REMOVAL: PROGRAM SERVICE EXPENSES 6,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,150. MIP/SERVICE CHARGE: PROGRAM SERVICE EXPENSES 5,286. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,286. GARBAGE & TRASH REMOVAL: PROGRAM SERVICE EXPENSES 4,433. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,433. SECURITY PAYROLL: PROGRAM SERVICE EXPENSES 3,262. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,262. MISCELLANEOUS TAXES, LICENSES, AND PERMITS: PROGRAM SERVICE EXPENSES 830. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 830. BAD DEBT: PROGRAM SERVICE EXPENSES 123. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 123.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03407042
IRS990/TotalAssetsEOYAmt03226254
IRS990/TotalAssetsGrp/BOYAmt03407042
IRS990/TotalAssetsGrp/EOYAmt03226254
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01033807
IRS990/TotalFunctionalExpensesGrp/TotalAmt01033807
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05225681
IRS990/TotalLiabilitiesEOYAmt05155476
IRS990/TotalLiabilitiesGrp/BOYAmt05225681
IRS990/TotalLiabilitiesGrp/EOYAmt05155476
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1818639
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1929222
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01033807
IRS990/TotalProgramServiceRevenueAmt0922829
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0923224
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0923224
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03407042
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03226254
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0117 WEST LIBERTY STREET SUITE 3
IRS990/USAddress/CityNm0ROME
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013440
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-03-31 18:45:55Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD DAVIDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03153371401
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDSHIP HOUSE HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0842045943
ReturnHeader/Filer/PhoneNum03153371401
ReturnHeader/Filer/USAddress/AddressLine1Txt0117 W LIBERTY ST SUITE 3
ReturnHeader/Filer/USAddress/CityNm0ROME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd013440
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161427749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIMARCO ABIUSI & PASCARELLA CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04 CLINTON SQUARE - SUITE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYRACUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0132021074
ReturnHeader/PreparerPersonGrp/PhoneNum03154756954
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEO BONFARDECI
ReturnHeader/ReturnTs02021-11-03T07:13:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DONALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAVIDSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,226,254
Liabilities
$5,155,476
Net assets
-$1,929,222
Revenue
$923,224
Expenses
$1,033,807
Net income
-$110,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$4.80$2.26$1.04$1.01$0.04
2023Summary only. Only limited summary data is available for this year.$2.63$4.87$2.24$0.93$0.96$0.03
2022Summary only. Only limited summary data is available for this year.$2.73$4.95$2.21$0.92$1.01$0.08
2021Summary only. Only limited summary data is available for this year.$3.09$5.03$1.94$0.90$0.91$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.23$5.16$1.93$0.92$1.03$0.11
2019Detailed filing. Detailed filing data is available for this year.$3.41$5.23$1.82$0.14$0.16$0.02