2017-12-20T15:48:31-06:00 2017-09-30 201317788 BOWERS & COMPANY CPAS PLLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2016-10-01 237154645 NEIGHBORS OF WATERTOWN INC NEIG 3157828497 112 FRANKLIN STREET WATERTOWN NY 13601 GARY BEASLEY EXECUTIVE DIRECTOR 3157828497 2017-12-19 1 THOMAS E BOWIE P00266823 3157887690 2017-12-18 38.122.120.34 2017-12-19 09:37:48 ES P 6CC56A6A14877EEB0FBEFC70BE269670DDC07D06 95E977F7436EB2C5DBAF420A6C7CFBDD159618D2 2016 2018-03-14 21:41:22Z GARY BEASLEY 112 FRANKLIN ST WATERTOWN NY 13601 4031366 0 X WWW.NEIGHBORSOFWATERTOWN.COM X 1972 NY PROVIDE LOW INCOME AND SINGLE OCCUPANCY HOUSING 9 9 37 0 0 0 946537 1212509 1032947 2472139 10300 163780 12126 3384 2001910 3851812 0 0 0 0 1227301 1629811 0 0 0 990424 2057323 2217725 3687134 -215815 164678 10747199 13114892 2106609 3999657 8640590 9115235 X LOW INCOME & SINGLE OCCUPANCY HOUSING 0 0 998090 830892 PROVIDE HOME REHABILITATION TO INCOME QUALIFIED HOMEOWNERS THROUGH FEDERAL HOME GRANT FUNDS 171547 174371 MANAGE LOW INCOME HOUSING 207246 207246 PROVIDE SUPPORT SERVICES TO INDIVIDUALS NEEDING ASSISTANCE IN LEARNING TO LIVE INDEPENDENTLY, WHO RESIDE IN SINGLE ROOM OCCUPANCY UNITS 1518434 1975435 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. 1518434 1975435 2895317 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 37 1 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 LINDA FIELDS VICE PRESIDENT 1.00 X X 0 0 0 LORI GERVERA DIRECTOR 1.00 X 0 0 0 HEATHER BLAIR DIRECTOR 1.00 X 0 0 0 GARY BEASLEY EXEC. DIRECTOR 40.00 X 103066 0 17053 103066 0 17053 1 0 0 0 0 1212509 1212509 RENT INCOME 531110 991418 991418 MANAGEMENT FEES 532000 984017 984017 DEVELOPER FEES 531390 378818 378818 INCOME - LOW INCOME LT 531390 92116 92116 CONTRACT SERVICES 532000 25770 25770 2472139 58334 58334 285000 179554 105446 105446 105446 MISCELLANEOUS 531110 3384 3384 3384 3851812 2639303 0 0 103066 66000 37066 1176878 954346 222532 96694 87400 9294 125299 101487 23812 127874 95906 31968 2210 2210 36851 36851 262930 262930 18791 4500 14291 10694 3363 7331 18000 18000 29708 10717 18991 33606 33606 89625 89625 295550 287227 8323 71198 68420 2778 PROGRAM DELIVERY 801322 801322 REPAIRS & MAINTENANCE 132163 102769 29394 UTILITIES 89434 89434 PROPERTY TAXES 60128 60128 105113 35822 69291 3687134 2895317 791817 0 333858 234448 516608 1906722 147487 201333 30346 319381 2541463 2708773 29648 45679 12063329 5188554 5643891 6874775 305490 390126 175290 2444 1222 1020674 432433 10747199 13114892 38227 96895 150384 815278 1656073 2334050 200000 261925 553434 2106609 3999657 X 4927851 6229156 3712739 2886079 8640590 9115235 10747199 13114892 164678 19836 290131 0 X 0 1 X 1 0 X 974736 1137041 954605 946537 1212509 5225428 800370 930468 859307 1186270 2397698 6174113 1775106 2067509 1813912 2132807 3610207 11399541 0 0 0 11399541 56345 54154 53854 54955 58334 277642 56345 54154 53854 54955 58334 277642 335966 -88573 -92789 -141187 95500 108917 2167417 2033090 1774977 2046575 3764041 11786100 0.96720 0.97290 0.02360 0.02060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 406347 406347 11347470 4997774 6349696 69726 10043 59683 225491 168974 56517 14295 11763 2532 6874775 TENANT SECURITY DEPOSITS 45475 ACCRUED PAYROLL AND RELATED TAXES 28070 COMPENSATED ABSENCES 65461 DEFERRED RENT 3180 ACCRUED PENSION 73832 OTHER LIABILITIES 18255 ACCRUED INTEREST 319161 553434 3871648 19836 19836 3851812 0 3851812 3687134 0 3687134 0 3687134 PART XIII THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION, INCOME TAXES IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION APPLIES A MORE-THAN-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. THE ORGANIZATION RECOGNIZED POTENTIAL LIABILITIES ASSOCIATED WITH ANTICIPATED TAX AUDIT ISSUES THAT MAY ARISE DURING AN EXAMINATION. INTEREST AND PENALTIES THAT ARE ANTICIPATED TO BE DUE UPON EXAMINATION ARE RECOGNIZED AS ACCRUED INTEREST AND OTHER LIABILITIES WITH AN OFFSET TO INTEREST AND OTHER EXPENSE. THE ORGANIZATION ANALYZED ITS TAX POSITIONS TAKEN ON THERE FEDERAL AND STATE TAX RETURNS FOR THE OPEN YEARS 2014, 2015, AND 2016. BASED ON OUR ANALYSIS, THE ORGANIZATION DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS AND THAT THE ORGANIZATION SHOULD PREVAIL UPON EXAMINATION BY THE TAXING AUTHORITIES. 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 BUCK LIMITED PARTNERSHIP 114 FRANKLIN ST WATERTOWN NY 13601 161407595 RENTAL LOW INCOME HOUSING NY 161782 531658 0 1 0.99000 BURDICK LIMITED PARTNERSHIP 116 FRANKLIN ST WATERTOWN NY 13601 161483997 RENTAL LOW INCOME HOUSING NY 208643 942594 0 1 0.99000 MARCY LP 116 FRANKLIN ST WATERTOWN NY 13601 161570794 RENTAL HISTORIC BUILDING NY 399985 2692575 0 1 0.91000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0