SEPP INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: SEPP INC (EIN 16-0950820)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2016-02-15
IRS object ID: 201600469349302335
Schema version: 2014v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-02-15T15:17:57-06:00	ReturnTs
Tax Period End	2015-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	474526160	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	EFPR GROUP CPAS PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6390 MAIN STREET SUITE 200	AddressLine1Txt
City	WILLIAMSVILLE	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	14221	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	160950820	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEPP INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SEPP	BusinessNameControlTxt
Phone	6077238989	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	53 FRONT STREET	AddressLine1Txt
City	BINGHAMTON	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13905	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANTHONY FIALA	PersonNm
Person Title	PROJECT MANAGER	PersonTitleTxt
Phone	6077238989	PhoneNum
Signature	2016-02-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN T O'BRIEN MBA MST	PreparerPersonNm
PTIN	P01253588	PTIN
Phone	7166340700	PhoneNum
Preparation	2016-02-15	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ANTHONY FIALA	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	53 FRONT STREET	AddressLine1Txt
City	BINGHAMTON	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13905	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$884,279	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SEPPINC.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1984	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	PROVIDING LOW INCOME HOUSING.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$58,016	PYContributionsGrantsAmt
CY Contributions Grants	$67,566	CYContributionsGrantsAmt
PY Program Service Revenue	$780,132	PYProgramServiceRevenueAmt
CY Program Service Revenue	$755,140	CYProgramServiceRevenueAmt
PY Investment Income	$850	PYInvestmentIncomeAmt
CY Investment Income	$339	CYInvestmentIncomeAmt
PY Other Revenue	$68,871	PYOtherRevenueAmt
CY Other Revenue	$61,234	CYOtherRevenueAmt
PY Total Revenue	$907,869	PYTotalRevenueAmt
CY Total Revenue	$884,279	CYTotalRevenueAmt
PY Grants And Similar Paid	$170,613	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$275,506	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$251,780	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$548,703	PYOtherExpensesAmt
CY Other Expenses	$559,955	CYOtherExpensesAmt
PY Total Expenses	$994,822	PYTotalExpensesAmt
CY Total Expenses	$811,735	CYTotalExpensesAmt
PY Revenues Less Expenses	-$86,953	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$72,544	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,908,972	TotalAssetsBOYAmt
Total Assets EOY	$1,933,414	TotalAssetsEOYAmt
Total Liabilities BOY	$1,822,779	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,774,677	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$86,193	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$158,737	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDING LOW INCOME HOUSING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$460,382	ExpenseAmt
Revenue	$755,140	RevenueAmt
Desc	ACQUIRING REAL ESTATE FOR THE SOLE PURPOSE OF DEVELOPING LOW INCOME HOUSING PROJECTS FOR THE ELDERLY.	Desc
Total Program Service Expenses	$460,382	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	0	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEPP INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6077238989	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	86 FRONT STREET	AddressLine1Txt
City	BINGHAMTON	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13905	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
DENISE MUGHETTI
CHAIRPERSON	2.00	Yes (X)	Yes (X)	$0	$0	$0
DAVID HARDER
CO-CHAIRPERSON	2.00	Yes (X)	Yes (X)	$0	$0	$0
MARK MCMANUS
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
THOMAS E O'CONNOR
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
ANNA ADDONISIO
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LEN BASSO
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RICHARD DOBELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DAVID HUGHES
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PETER MACIAK
DIRECTOR	1.00	Yes (X)		$0	$0	$0
KEVIN MCLAUGHLIN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JULIE SWEET
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RICHARD C WALLIKAS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
WILLIAM GIBSON JR
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PAT TICKNOR
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ANTHONY FIALA
PROJECT MANAGER	1.00		Yes (X)	$0	$119,626	$0	35.00

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$119,626	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$67,566	GovernmentGrantsAmt
Total Contributions	$67,566	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	RENTAL INCOME	Desc
Business	531310	BusinessCd
Total Revenue Column	$755,140	TotalRevenueColumnAmt
Related Or Exempt Func Income	$755,140	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$755,140	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$339	TotalRevenueColumnAmt
Exclusion	$339	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
MISCELLANEOUS	531310	$33,272	$33,272
CELL TOWER REVENUE	531190	$23,400	$23,400
LAUNDRY & EXTERMINATIN	900099	$4,562	$4,562

Field	Value	IRS element (for citing)
Other Revenue Total	$61,234	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$884,279	TotalRevenueColumnAmt
Related Or Exempt Func Income	$755,140	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$61,573	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$215,114	TotalAmt
Program Services	$25,062	ProgramServicesAmt
Management And General	$190,052	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$21,341	TotalAmt
Program Services	$3,270	ProgramServicesAmt
Management And General	$18,071	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$15,325	TotalAmt
Program Services	$1,901	ProgramServicesAmt
Management And General	$13,424	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$56,008	TotalAmt
Management And General	$56,008	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$24,262	TotalAmt
Management And General	$24,262	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$8,568	TotalAmt
Management And General	$8,568	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$19,257	TotalAmt
Management And General	$19,257	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$987	TotalAmt
Management And General	$987	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,399	TotalAmt
Management And General	$10,399	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$50,896	TotalAmt
Program Services	$50,896	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$117,683	TotalAmt
Program Services	$117,683	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$92,059	TotalAmt
Program Services	$92,059	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$21,650	TotalAmt
Program Services	$21,650	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
CONTRACTS	$77,412	$77,412
SUPPLIES	$46,082	$46,082
GARBAGE & TRASH REMOVAL	$11,644	$11,644
MISCELLANEOUS	$10,040	$2,145	$7,895

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,008	TotalAmt
Program Services	$10,578	ProgramServicesAmt
Management And General	$2,430	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$811,735	TotalAmt
Program Services	$460,382	ProgramServicesAmt
Management And General	$351,353	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$190,939	BOYAmt
EOY	$80,435	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$984	BOYAmt
EOY	$984	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$105,000	BOYAmt
EOY	$95,500	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$240,004	BOYAmt
EOY	$253,788	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,199,255	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,777,115	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$497,629	BOYAmt
EOY	$422,140	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$333,669	BOYAmt
EOY	$357,596	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$26,322	BOYAmt
EOY	$21,321	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$514,425	BOYAmt
EOY	$701,650	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,908,972	BOYAmt
EOY	$1,933,414	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$57,368	BOYAmt
EOY	$98,347	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$1,702,596	BOYAmt
EOY	$1,646,603	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$62,815	BOYAmt
EOY	$29,727	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,822,779	BOYAmt
EOY	$1,774,677	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$86,193	BOYAmt
EOY	$158,737	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$86,193	BOYAmt
EOY	$158,737	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,908,972	BOYAmt
EOY	$1,933,414	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$72,544	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$96,419	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$67,150	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$157,700	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$58,016	CurrentTaxYearMinus1YearAmt
Current Tax Year	$67,566	CurrentTaxYearAmt
Total	$446,851	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$96,419	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$67,150	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$157,700	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$58,016	CurrentTaxYearMinus1YearAmt
Current Tax Year	$67,566	CurrentTaxYearAmt
Total	$446,851	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$446,851	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,728	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,026	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$160	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$850	CurrentTaxYearMinus1YearAmt
Current Tax Year	$339	CurrentTaxYearAmt
Total	$6,103	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$4,595	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$64,411	CurrentTaxYearMinus1YearAmt
Current Tax Year	$61,234	CurrentTaxYearAmt
Total	$130,240	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$583,194	TotalSupportAmt
Gross Receipts Rltd Activities	$2,405,950	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.76620	PublicSupportCY170Pct
Public Support PY170	0.97130	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$20,943	OtherCostOrOtherBasisAmt
Book Value	$20,943	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,827,720	OtherCostOrOtherBasisAmt
Depreciation	$4,452,261	DepreciationAmt
Book Value	$375,459	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$71,537	OtherCostOrOtherBasisAmt
Depreciation	$66,037	DepreciationAmt
Book Value	$5,500	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$279,055	OtherCostOrOtherBasisAmt
Depreciation	$258,817	DepreciationAmt
Book Value	$20,238	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$422,140	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

Field	Value	IRS element (for citing)
Desc	INVESTMENT IN SEPP-NICHOLS, INC.	Desc
Book Value	$357,596	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$357,596	TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDesc	Book ValueBookValueAmt
DUE TO/FROM RELATED PARTIES	$50,000
TENANTS' SECURITY DEPOSITS	$29,727
TAX & INSURANCE ESCROW	$13,862
MORTGAGE INSURANCE PREMIUM	$7,608
OPERATING RESERVE	$335,366
RESERVE FOR REPLACEMENTS	$160,505
RESIDUAL RECEIPTS	$104,582

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$701,650	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	TENANTS' SECURITY DEPOSITS	Desc
Amt	$29,727	Amt

Field	Value	IRS element (for citing)
Total Liability	$29,727	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$884,279	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$884,279	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$884,279	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$811,735	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$811,735	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$811,735	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEARS ENDED JUNE 30, 2011, AND PRIOR.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	THE CPA COMPILES AND PREPARES THE FORM 990 WHICH IS THEN GIVEN TO THE GOVERNING BODY FOR FINAL REVIEW. AFTER FINAL REVIEW THE FORM 990 IS RETURNED TO THE CPA WHERE IT IS PROCESSED AND FILED.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN A HARD COPY FORM KEPT AT THE PLACE OF BUSINESS.
FORM 990, PART XII, LINE 2C:	NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED JUNE 30, 2015.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	MARIAN APARTMENTS LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	53 FRONT STREET	AddressLine1Txt
City	BINGHAMTON	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	13905	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	HOUSING	PrimaryActivitiesTxt
Legal Domicile State	NY	LegalDomicileStateCd
Total Income	$783,259	TotalIncomeAmt
End Of Year Assets	$894,105	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	SEPP INC	BusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Controlled OrganizationControlledOrganizationInd
SEPP MANAGEMENT COMPANY INC
53 FRONT STREET	BINGHAMTON	NY	13905	161399415	HOUSING MANAGEMENT	NY	501(C)(3)	LINE 9	0
SEPP HDFC (WELLS APTS)
53 FRONT STREET	BINGHAMTON	NY	13905	161241738	LOW-INCOME APTS	NY	501(C)(3)	LINE 9	0
KIME APTS
53 FRONT STREET	BINGHAMTON	NY	13905	830448624	LOW-INCOME APTS	PA	501(C)(3)	LINE 9	0
SEPP RURAL ELDERLY HSG (WHITNEY POINT)
53 FRONT STREET	BINGHAMTON	NY	13905	161311568	LOW-INCOME APTS	NY	501(C)(3)	LINE 9	0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Disproportionate AllocationsDisproportionateAllocationsInd	General Or Managing PartnerGeneralOrManagingPartnerInd	EINEIN	OwnershipOwnershipPct
HARRY L APARTMENTS CO 1 LP
53 FRONT STREET	BINGHAMTON	NY	13905	HOUSING	NY	SEPP HARRY L INC	RELATED	0	Yes (1)
WINDSOR HOUSING COMPANY I LP
53 FRONT STREET	BINGHAMTON	NY	13905	HOUSING	NY	SEPP INC	RELATED	0	Yes (1)	161399283	0.00500
HAMILTON HOUSE APARTMENT CO I LP
53 FRONT STREET	BINGHAMTON	NY	13905	HOUSING	NY	SEPP INC	RELATED	0	Yes (1)	161553486	0.00500
NICHOLS NOTCH APTS CO INC
53 FRONT STREET	BINGHAMTON	NY	13905	HOUSING	NY	SEPP NICHOLS INC	RELATED	0	Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct
CREAMERY HILLS INC
53 FRONT STREET	BINGHAMTON	NY	13905	161499392	HOUSING	NY	SEPP INC	S	0
SEPP HARRY L INC
53 FRONT STREET	BINGHAMTON	NY	13905	205568777	HOUSING	NY	SEPP INC	S	0
SEPP NICHOLS INC
53 FRONT STREET	BINGHAMTON	NY	13905	113647649	HOUSING	NY	SEPP INC	S	0
SEPP DEVELOPMENT CORPORATION
53 FRONT STREET	BINGHAMTON	NY	13905	270415582	HOUSING DEVELOPMENT	NY	SEPP INC	C	0	-$15,435	$965	1.00000

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	Yes (1)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd