2014-01-09T07:20:09-06:00 2013-09-30 201317788 BOWERS & COMPANY CPAS PLLC 167 POLK STREET SUITE 340 WATERTOWN NY 13601 990 2012-10-01 237154645 NEIGHBORS OF WATERTOWN INC NEIG 3157828497 112 FRANKLIN STREET WATERTOWN NY 13601 GARY BEASLEY 3157828497 2013-12-17 1 THOMAS E BOWIE P00266823 3157887690 2014-01-02 2012 2015-11-30 17:44:51Z GARY BEASLEY 112 FRANKLIN ST WATERTOWN NY 13601 2167417 0 X WWW.NEIGHBORSOF WATERTOWN.COM X 1972 NY PROVIDE LOW INCOME AND SINGLE OCCUPANCY HOUSING 11 11 31 0 0 0 3067786 974736 1778583 1129197 46634 56345 86418 7139 4979421 2167417 0 0 0 0 938344 984775 0 0 0 1290924 753054 2229268 1737829 2750153 429588 9366345 9663537 663841 535611 8702504 9127926 X LOW INCOME & SINGLE OCCUPANCY HOUSING 0 0 519078 402754 PROVIDE HOME REHABILITATION TO INCOME QUALIFIED HOMEOWNERS THROUGH FEDERAL HOME GRANT FUNDS 338655 338655 MANAGE LOW INCOME HOUSING 173832 173832 PROVIDE SUPPORT SERVICES TO INDIVIDUALS NEEDING ASSISTANCE IN LEARNING TO LIVE INDEPENDENTLY, WHO RESIDE IN SINGLE ROOM OCCUPANCY UNITS 376489 277440 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. 376489 277440 1408054 1 1 0 0 0 0 0 0 0 0 1 0 1 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 0 0 0 0 0 1 23 0 31 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 NY X JOANN WHITE 3157828497 112 FRANKLIN STREET WATERTOWN NY 13601 HAROLD JOHNSON 1.00 X 0 0 0 MARK GEBO 1.00 X X 0 0 0 MARY PARRY 1.00 X 0 0 0 ANDREW GRAY 1.00 X X 0 0 0 DONALD FOOTE 1.00 X X 0 0 0 DONALD CALARCO 1.00 X X 0 0 0 JASON WHITE 1.00 X 0 0 0 ROBERT RECORE 1.00 X 0 0 0 JANE GRAVES 1.00 X 0 0 0 LINDA FIELDS 1.00 X 0 0 0 LORI GERVERA 1.00 X 0 0 0 GARY BEASLEY 40.00 X 93199 0 15045 93199 0 15045 0 0 0 0 ARCHIE HOLDER DBA ARH CONSTRUCTION 9434 MIDDLE ROAD DEXTER NY 13634 CONSTRUCTION 135700 1 972736 2000 974736 MANAGEMENT FEES 531310 643716 643716 INCOME FROM LOW INCOME 531390 328827 328827 RENT INCOME 531110 209298 209298 REAL ESTATE REVENUE-FI 531390 -52644 -52644 1129197 56345 56345 MISCELLANEOUS 531110 7139 7139 7139 2167417 1192681 0 0 93199 54536 38663 694479 573334 121145 56200 32271 23929 67935 59171 8764 72962 61623 11339 679 679 10890 6198 4692 4614 4614 4996 4996 18000 18000 24634 6963 17671 6758 6758 10 10 110835 100236 10599 28382 25194 3188 PROGRAM DELIVERY 368107 368107 CONTRACT SERVICES 43606 40394 3212 REPAIRS & MAINTENANCE 37284 27688 9596 UTILITIES 26701 26701 67558 24959 42599 1737829 1408054 329775 0 232476 409416 641760 751186 215866 112616 45957 17555 2799044 2768058 20320 12512 4007509 855036 3244007 3152473 305490 305490 1365434 1708119 495991 426112 9366345 9663537 225136 89134 62901 15684 269000 320000 106804 110793 663841 535611 X 5244149 5491880 3458355 3636046 8702504 9127926 9366345 9663537 429588 -4166 0 X 0 1 X 1 0 X 745283 1563056 2926461 3063620 974736 9273156 1712821 1371657 922163 1732028 800370 6539039 2458104 2934713 3848624 4795648 1775106 15812195 0 0 0 15812195 33612 33629 34271 46752 56345 204609 33612 33629 34271 46752 56345 204609 808023 -851 27732 132855 335966 1303725 3299739 2967491 3910627 4975255 2167417 17320529 0.91290 0.92610 0.01180 0.01020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111700 111700 3706732 710945 2995787 20347 3796 16551 168730 140295 28435 3152473 INVESTMENT IN NWP ASOCIATES 100200 C MARCY DEVELOPMENT, LLC -WHOLLY OWNED 800754 C INVESTMENT IN MARCY LP 422368 C INVESTMENT IN OLYMPIC, LP -45205 C INVESTMENT IN 50 PUBLIC SQUARE -71 C INVESTMENT IN EMERSON PLACE LLC 86039 C INVESTMENT IN BURDICK LP 327051 C INVESTMENT IN BUCK, LP 16983 C 1708119 TENANT SECURITY DEPOSITS 16165 ACCRUED PAYROLL AND RELATED TAXES 37738 COMPENSATED ABSENCES 12783 DEFERRED RENT 4941 GRANT RECAPTURE FUNDS 39166 110793 2186113 18696 18696 2167417 0 2167417 1756525 18696 18696 1737829 0 1737829 THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION, INCOME TAXESIN 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 2010, 2011, AND 2012. 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 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