2016-12-15T12:14:53-06:00 2016-09-30 201317788 BOWERS & COMPANY CPAS PLLC 1120 COMMERCE PARK DRIVE EAST WATERTOWN NY 13601 990 2015-10-01 237154645 NEIGHBORS OF WATERTOWN INC NEIG 3157828497 112 FRANKLIN STREET WATERTOWN NY 13601 GARY BEASLEY EXECUTIVE DIRECTOR 3157828497 2016-12-14 1 THOMAS E BOWIE P00266823 3157887690 2016-12-13 2015 2017-02-10 21:41:12Z GARY BEASLEY 112 FRANKLIN ST WATERTOWN NY 13601 2046565 0 X WWW.NEIGHBORSOFWATERTOWN.COM X 1972 NY PROVIDE LOW INCOME AND SINGLE OCCUPANCY HOUSING 9 9 35 0 0 0 954605 946537 783588 1032947 53854 10300 3607 12126 1795654 2001910 0 0 0 0 1187596 1227301 0 0 0 658274 990424 1845870 2217725 -50216 -215815 10724466 10747199 1966827 2106609 8757639 8640590 X LOW INCOME & SINGLE OCCUPANCY HOUSING 0 0 568423 486948 PROVIDE HOME REHABILITATION TO INCOME QUALIFIED HOMEOWNERS THROUGH FEDERAL HOME GRANT FUNDS 397865 481730 MANAGE LOW INCOME HOUSING 190020 195263 PROVIDE SUPPORT SERVICES TO INDIVIDUALS NEEDING ASSISTANCE IN LEARNING TO LIVE INDEPENDENTLY, WHO RESIDE IN SINGLE ROOM OCCUPANCY UNITS 662637 741021 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. 662637 741021 1818945 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 15 0 35 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 JANE GRAVES DIRECTOR 1.00 X 0 0 0 LINDA FIELDS DIRECTOR 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 100652 0 18776 100652 0 18776 1 0 0 0 0 914963 31574 946537 MANAGEMENT FEES 531310 593656 593656 RENT INCOME 531110 580985 580985 CONTRACT SERVICES 624200 11629 11629 LOSS - LOW INCOME LT. 531390 -153323 -153323 1032947 54955 54955 44655 -44655 -44655 -44655 MISCELLANEOUS 531110 12126 12126 12126 2001910 1055373 0 0 100652 64144 36508 846831 679955 166876 76372 56817 19555 127030 84986 42044 76416 54255 22161 21909 12844 9065 5458 1000 4458 1782 1782 34044 6034 28010 8707 8707 61327 61327 177249 169759 7490 47703 44925 2778 PROGRAM DELIVERY 412809 412809 UTILITIES 63562 63562 REPAIRS & MAINTENANCE 53127 48267 4860 PROPERTY TAXES 49603 49603 53144 8658 44486 2217725 1818945 398780 0 378677 333858 451776 516608 60555 147487 30301 30346 2533521 2541463 20713 29648 8120181 2476290 5720356 5643891 305490 305490 235748 175290 3667 2444 983662 1020674 10724466 10747199 68468 38227 46171 150384 1704672 1656073 147516 261925 1966827 2106609 X 5059243 4927851 3698396 3712739 8757639 8640590 10724466 10747199 -215815 98766 0 X 0 1 X 1 0 X 3063620 974736 1137041 954605 946537 7076539 1732028 800370 930468 859307 1186270 5508443 4795648 1775106 2067509 1813912 2132807 12584982 0 0 0 12584982 46752 56345 54154 53854 54955 266060 46752 56345 54154 53854 54955 266060 70660 335966 -88573 -92789 -141187 84077 4913060 2167417 2033090 1774977 2046575 12935119 0.97290 0.96590 0.02060 0.01680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111702 111702 7794421 2294786 5499635 20347 7865 12482 193711 173639 20072 5643891 ADVANCES TO AFFILIATES 702190 TENANT SECURITY DEPOSITS 32827 INTEREST RECEIVABLE 285657 1020674 TENANT SECURITY DEPOSITS 32827 ACCRUED PAYROLL AND RELATED TAXES 19911 COMPENSATED ABSENCES 36135 DEFERRED RENT 1076 GRANT RECAPTURE FUNDS 79 ACCRUED PENSION 56431 OTHER LIABILITIES 1516 ADVANCES 108900 ACCRUED INTEREST 5050 261925 2077122 75212 75212 2001910 0 2001910 2292937 75212 75212 2217725 0 2217725 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 2013, 2014, AND 2015. 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. 0 X 55898 X 18000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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