2023-09-28T15:15:18-05:00 2022-12-31 201317788 BOWERS & COMPANY CPAS PLLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2022-01-01 237154645 NEIGHBORS OF WATERTOWN INC NEIG 3157828497 112 FRANKLIN STREET WATERTOWN NY 13601 REGINALD SCHWEITZER EXECUTIVE DIRECTOR 3157828497 2023-09-26 1 REGINALD SCHWEITZER 999009999 0 ELIZABETH A BUSH P01264627 3157887690 2023-09-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z REGINALD SCHWEITZER 112 FRANKLIN ST WATERTOWN NY 13601 5121055 0 X WWW.NEIGHBORSOFWATERTOWN.COM X 1972 NY PROVIDE LOW INCOME AND SINGLE OCCUPANCY HOUSING 9 9 68 11 0 0 5399417 1963003 2654030 2716370 208251 131003 90015 145562 8351713 4955938 4497109 1443806 0 0 1967390 2081275 0 0 0 1511777 1518113 7976276 5043194 375437 -87256 21338681 21104271 4128395 4036335 17210286 17067936 X LOW INCOME & SINGLE OCCUPANCY HOUSING 0 0 1758019 1443806 PROVIDE HOME REHABILITATION TO INCOME QUALIFIED HOMEOWNERS THROUGH FEDERAL AND STATE GRANT FUNDS. 1995574 2716370 PROVIDE LOW INCOME HOUSING AND SINGLE OCCUPANCY HOUSING AND ASSISTANCE TO LOW INCOME INDIVIDUALS AND FAMILIES SEEKING AFFORDABLE HOUSING AS WELL AS COMMERCIAL REVITALIZATION IN DOWNTOWN WATERTOWN, NEW YORK AREA. 238944 36649 PROVIDE SUPPORT SERVICES TO INDIVIDUALS NEEDING ASSISTANCE IN LEARNING TO LIVE INDEPENDENTLY, WHO RESIDE IN SINGLE ROOM OCCUPANCY UNITS. 150367 PERFORM NEIGHBORHOOD AND RURAL PRESERVATION ACTIVITIES IN THE JEFFERSON COUNTY AREA. 150367 4142904 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 40 0 1 68 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SARAH MILLARD 3157828497 112 FRANKLIN STREET WATERTOWN NY 13601 HAROLD JOHNSON DIRECTOR 1.00 X 0 0 0 MARK GEBO PRESIDENT 1.00 X X 0 0 0 DONALD FOOTE SECRETARY 1.00 X X 0 0 0 DONALD CALARCO TREASURER 1.00 X X 0 0 0 CARL MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 DONNA WHITE DIRECTOR 1.00 X 0 0 0 LORI GERVERA VICE PRESIDENT 1.00 X X 0 0 0 HEATHER BLAIR GALLAGHER DIRECTOR 1.00 X 0 0 0 JASON COMET DIRECTOR 1.00 X 0 0 0 REG SCHWEITZER EXEC. DIRECTOR 40.00 X 112322 0 18492 SARAH MILLARD FISCAL DIRECTOR 40.00 X 62654 0 14500 174976 0 32992 1 0 0 0 0 1931073 31930 1963003 RENT INCOME 531110 1558562 1558562 MANAGEMENT FEES 532000 1157808 1157808 2716370 192830 192830 103290 165117 -61827 -61827 -61827 CANCELLATION OF DEBT 531110 108913 108913 MISCELLANEOUS 531110 36649 36649 145562 4955938 2753019 0 239916 1443806 1443806 174976 159201 15775 1492330 1361342 130988 135739 123522 12217 127829 116324 11505 150401 137683 12718 46086 11663 34423 45163 6408 38755 9600 9600 13980 1997 11983 36921 36921 11242 11242 128525 64890 63635 441178 267943 173235 96623 69303 27320 REPAIRS & MAINTENANCE 200447 116371 84076 UTILITIES 181924 150230 31694 PROPERTY TAXES 112517 88151 24366 LEASE EXPENSE 47786 47786 146121 24070 122051 5043194 4142904 900290 0 228642 411500 6776022 5925001 196697 143291 86222 231886 4262509 4127248 94120 98333 18049875 9793773 8518285 8256102 406818 312569 9769 9608 759597 1588733 21338681 21104271 81287 73830 1441084 785308 1594994 1398207 200000 200000 811030 1578990 4128395 4036335 X 17002982 16875438 207304 192498 17210286 17067936 21338681 21104271 -87256 -55094 0 X X 0 1 X 1 0 X 10534378 7819355 10290429 5399417 1963003 36006582 5871835 2204287 2339613 2654030 2716370 15786135 16406213 10023642 12630042 8053447 4679373 51792717 0 0 0 51792717 78815 176400 193998 204020 192830 846063 78815 176400 193998 204020 192830 846063 2791 12495 142090 40015 36649 234040 16487819 10212537 12966130 8297482 4908852 52872820 0.97960 0.98310 0.01600 0.01300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 556547 556547 17136282 9491448 7644834 74288 22672 51616 282758 279653 3105 8256102 ADVANCES TO AFFILIATES 20786 INTEREST RECEIVABLE 362393 OTHER ASSETS 12224 INVENTORY 77453 PROPERTY HELD FOR SALE 371249 RIGHT OF USE ASSET - OPERATING LEASE 744628 1588733 ACCRUED PAYROLL AND RELATED TAXES 77722 COMPENSATED ABSENCES 82178 DEFERRED RENT 4009 ACCRUED PENSION 107327 OTHER LIABILITIES 116442 ACCRUED INTEREST 450440 OPERATING LEASE LIABILITY 740872 1578990 X 4900844 -55094 -55094 4955938 0 4955938 5043194 0 5043194 0 5043194 PART X, LINE 2: THE ORGANIZATION'S FORMS 990 FOR THE YEARS 2021, 2020, AND 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR 3 YEARS AFTER THEY ARE FILED. BASED ON ITS ANALYSIS, THE ORGANIZATION HAS DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AND THE ORGANIZATION SHOULD PREVAIL UPON EXAMINATION BY TAXING AUTHORITIES. 1 FLOOD 56 1038651 CDBG 18 311313 NCHC 3 19330 HOME DP ASSISTANCE 2 26019 ACCESS TO HOME FOR HEROES 5 48493 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - FORM 990 IS PREPARED BY A CPA FIRM WHO PROVIDES A COPY TO BOARD MEMBERS AND EXECUTIVE DIRECTOR FOR REVIEW AT A REGULARLY SCHEDULED MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY WILL BE MONITORED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS APPROVE SALARIES AS PART OF THE BUDGET PROCESS. SALARY INCREASES ARE LIMITED TO THE CONSTRAINTS OF THE BUDGET. AN ANNUAL REVIEW IS PERFORMED OF THE EXECUTIVE DIRECTOR AND A WRITTEN EVALUATION IS PREPARED. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE IS MADE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM THE PRIOR YEAR. 50 PUBLIC SQUARE 112 FRANKLIN ST WATERTOWN NY 13601 010731239 RENTAL NY NEIGHBORS OF WATERTOWN HKBBE REDEVELOPERS LIMITED PARTNERSHIP 112 FRANKLIN ST WATERTOWN NY 13601 813222704 RENTAL NY NEIGHBORS OF WATERTOWN BUCK LIMITED PARTNERSHIP 114 FRANKLIN ST WATERTOWN NY 13601 161407595 RENTAL LOW INCOME HOUSING NY NEIGHBORS OF WATERTOWN RELATED 205792 613854 0 0 0.99000 BURDICK LIMITED PARTNERSHIP 116 FRANKLIN ST WATERTOWN NY 13601 161483997 RENTAL LOW INCOME HOUSING NY NEIGHBORS OF WATERTOWN RELATED 182676 471198 0 0 0.99000 MARCY LP 116 FRANKLIN ST WATERTOWN NY 13601 161570794 RENTAL HISTORIC BUILDING NY NEIGHBORS OF WATERTOWN RELATED 447482 2338866 0 0 0.92990 EMERSON PLACE LP EMERSON STREET WATERTOWN NY 13601 010577671 RENTAL LOW INCOME HOUSING NY NEIGHBORS OF WATERTOWN RELATED 290245 2120812 0 0 0.99990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0