MCHARRIE TOWNE INC: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MCHARRIE TOWNE INC (EIN 22-2965446)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-13
- IRS object ID
- 201242269349100859
- Schema version
- 2011v1.2
- 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-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-13T15:42:52-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161131146 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONADIO & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 SOUTH SALINA STREET | AddressLine1 |
| City | SYRACUSE | City |
| State | NE | State |
| ZIP Code | 13202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222965446 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCHARRIE TOWNE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MCHA | NameControl |
| Phone | 3156381172 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7740 MEIGS ROAD | AddressLine1 |
| City | BALDWINSVILLE | City |
| State | NY | State |
| ZIP Code | 13027 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK MURPHY | Name |
| Title | PRESIDENT | Title |
| Phone | 3156381172 | Phone |
| Date Signed | 2012-07-31 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BETTINA LIPPHARDT | Name |
| PTIN | P00956232 | PTIN |
| Phone | 3154227109 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 4141768 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 50 | ContriReceivedRevAndExpnss |
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 1680 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Adj Net Incm | 1680 | InterestOnSavingsAdjNetIncm |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 964856 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 0 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 964856 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 966586 | TotalRevenueAndExpenses |
| Total Net Investment Income | 0 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 966536 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Adj Net Incm | 0 | CompOfcrDirTrstAdjNetIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 107895 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 0 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Adj Net Incm | 107895 | OthEmplSlrsWgsAdjNetIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 107895 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 18722 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Net Invst Incm | 0 | PensionEmplBnftNetInvstIncm |
| Pension Empl Bnft Adj Net Incm | 18722 | PensionEmplBnftAdjNetIncm |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 18722 | PensionEmplBnftDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 2253 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Adj Net Incm | 2253 | LegalFeesAdjNetIncm |
| Legal Fees Dsbrs Chrtbl Prps | 2253 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 9597 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Adj Net Incm | 9597 | AccountingFeesAdjNetIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 9597 | AccountingFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 66897 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Adj Net Incm | 66897 | TaxesAdjNetIncm |
| Taxes Dsbrs Chrtbl Prps | 66897 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 377634 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 0 | DeprecAndDepletionNetInvstIncm |
| Deprec And Depletion Adj Net Incm | 377634 | DeprecAndDepletionAdjNetIncm |
| Trav Conf Meeting Rev And Expnss | 4 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Adj Net Incm | 4 | TravConfMeetingAdjNetIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 4 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 222744 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Adj Net Incm | 222744 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 222744 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 805746 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 805746 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 428112 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 805746 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 805746 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 428112 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 160840 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 160790 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 567143 | CashBOY |
| Cash EOY | 640249 | CashEOY |
| Cash EOYFMV | 640249 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 626101 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 627782 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 627782 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 4959 | AccountsReceivable |
| Accounts Receivable BOY | 3379 | AccountsReceivableBOY |
| Accounts Receivable EOY | 4959 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 4959 | AccountsReceivableEOYFMV |
| Prepaid Expenses BOY | 35221 | PrepaidExpensesBOY |
| Prepaid Expenses EOY | 39132 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 39132 | PrepaidExpensesEOYFMV |
| Land Building And Equipment Basis | 8861073 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 6031427 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 3176497 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 2829646 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 2829646 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 4408341 | TotalAssetsBOY |
| Total Assets EOY | 4141768 | TotalAssetsEOY |
| Total Assets EOYFMV | 4141768 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 10669 | AccountsPayableBOY |
| Accounts Payable EOY | 11235 | AccountsPayableEOY |
| Other Liabilities BOY | 3148952 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 2720973 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 3159621 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2732208 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 1248720 | UnrestrictedBOY |
| Unrestricted EOY | 1409560 | UnrestrictedEOY |
| Total Net Assets BOY | 1248720 | TotalNetAssetsBOY |
| Total Net Assets EOY | 1409560 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 4408341 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 4141768 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 1248720 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 160840 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 1409560 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 1409560 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 411375 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 1117444 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.368139 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 394146 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 984399 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.400393 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 387515 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 869380 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.445737 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 377777 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 663728 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.569174 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 353663 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 523955 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.674987 | DistributionRatioYear5 |
| Total Distribution Ratio | 2.458430 | TotalDistributionRatio |
| Average Distribution Ratio | 0.491686 | AverageDistributionRatio |
| Net Noncharitable Assets | 1191696 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 585940 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 0 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 585940 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 428112 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 0 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 0 | TaxBasedOnInvestmentIncome |
| Total Credits And Payments | 0 | TotalCreditsAndPayments |
| Tax Due | 0 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | JIM WILEY | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3156382521 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7740 MEIGS ROAD | AddressLine1 |
| City | BALDWINSVILLE | City |
| State | NY | State |
| ZIP Code | 13027 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (16 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| FREDERICK S MARTY | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | PRESIDENT | 1.00 | 0 | 0 | 0 |
| LINDA STORRINGS | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | VICE PRESIDENT | 1.00 | 0 | 0 | 0 |
| FERN BUTLER | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | SECRETARY | 1.00 | 0 | 0 | 0 |
| RICHARD MANVILLE | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | TREASURER | 1.00 | 0 | 0 | 0 |
| CHARLES CALLIGARIS | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| CHARLES HUMMELL | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| EDWARD SCHOENHEIT | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| ROSLYN BILFORD | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| J ROLAND CRANER | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| DONALD F COLON | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| ROSEMARY BUCCI | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| HORACE IVEY | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| FRED K MILLER | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| JOHN R STURTZ | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| DOROTHY L WHITE | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| ROBERT WILKINSON | ||||||||
| 7740 MEIGS ROAD | BALDWINSVILLE | NY | 13027 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | MCHARRIE TOWNE OPERATES A HOUSING PROJECT FOR ELDERLY PERSONS. RENTAL OF HOUSING UNITS ARE OFFERED TO ELDERLY TENANTS SUBSTANTIALLY AT COST. THERE IS A PROGRAM OF SERVICES DESIGNED TO ASSIST THE OCCUPANTS IN MAINTAINING AN INDEPENDENT LIFESTYLE. THIS PROGRAM INCLUDES: CONGREGATE KITCHEN AND DINING FACILITIES, RECREATIONAL SPACE, HOUSE- KEEPING SERVICES, MAINTENANCE, AND SECURITY. IN ADDITION, THE ORGANIZATION ENGAGES IN FUNDRAISING ACTIVITIES TO SUPPLEMENT THE PROGRAMS THAT MAY NOT OTHERWISE BE AVAILABLE UNDER THE OPERATING RECEIPTS AND TO ASSIST ELDERLY OCCUPANTS WHOSE FUNDS MAY BECOME DEPLETED, THEREBY IMPAIRING THEIR ABILITY TO PAY MONTHLY CHARGES. | Description1 |
| Expenses1 | 428112 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
| Amount1 | 0 | Amount1 |
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 627203 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 582641 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 1209844 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 1209844 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 18148 | CashDeemedCharitable |
| Net Noncharitable Assets | 1191696 | NetNoncharitableAssets |
| Minimum Investment Return | 59585 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 59585 | MinimumInvestmentReturn |
| Total Tax | 0 | TotalTax |
| Distributable Amount Before Adj | 59585 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 59585 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 59585 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 428112 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 428112 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 428112 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 59585 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 327465 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 344591 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 344046 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 344926 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 355503 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 1716531 | TotalExcessDistriCarryover |
| Qualifying Distributions | 428112 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 59585 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 368527 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 2085058 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 327465 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 1757593 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 344591 | ExcessFromYear4 |
| Excess From Year3 | 344046 | ExcessFromYear3 |
| Excess From Year2 | 344926 | ExcessFromYear2 |
| Excess From Year1 | 355503 | ExcessFromYear1 |
| Excess From Current Year | 368527 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
| Tot Grant Or Contri Paid During Year | 0 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Program Service Revenue Part VII ProgramServiceRevenuePartVII (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| SERVICE FEES - RESIDENTS | 623990 | 462805 |
| ENTRANCE FEES AMORTIZED | 623990 | 502051 |
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $1,680 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $1,680 | ExclusionAmount |
| Related Or Exempt Function Income | 964856 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 966536 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A/B | LineNumber |
| Relationship Statement | THE ORGANIZATION OPERATES A HOUSING PROJECT FOR ELDERLY PERSONS. RENTAL OF HOUSING UNITS IS OFFERED TO ELDERLY TENANTS SUBSTANTIALLY AT COST. THE ORGANIZATION ALSO HAS ARRANGED FOR A PROGRAM OF SERVICES DESIGNED TO SUPPORT AND MAINTAIN ELDERLY OCCUPANTS WITHIN THE UNITS. CONGREGATE KITCHEN AND DINING FACILITIES AND RECREATIONAL SPACE ARE OFFERED ALONG WITH HOUSEKEEPING SERVICES, MAINTENANCE, AND SECURITY. | RelationshipStatement |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $9,597 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 9597 | AdjustedNetIncome |
| Disbursements Charitable Prps | 9597 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (5 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | RateRate | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|---|---|---|---|---|
| LAND IMPROVEMENTS | 1985-01-01 | 2106171 | 1598742 | SL | 0.000000000000 | 71371 | 0 | 71371 |
| BUILDINGS | 1985-01-01 | 6445456 | 3864009 | SL | 0.000000000000 | 291320 | 0 | 291320 |
| FIXED EQUIPMENT | 1985-01-01 | 99319 | 39124 | SL | 0.000000000000 | 8553 | 0 | 8553 |
| MOVEABLE EQUIPMENT | 1985-01-01 | 173092 | 151918 | SL | 0.000000000000 | 6390 | 0 | 6390 |
| LAND | 1985-01-01 | 37035 | L | 0 | 0 | 0 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (5 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| LAND IMPROVEMENTS | 2106171 | 1670113 | 436058 |
| BUILDINGS | 6445456 | 4155329 | 2290127 |
| FIXED EQUIPMENT | 99319 | 47677 | 51642 |
| MOVEABLE EQUIPMENT | 173092 | 158308 | 14784 |
| LAND | 37035 | 0 | 37035 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | Category |
| Amount | $2,253 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 2253 | AdjustedNetIncome |
| Disbursements Charitable Prps | 2253 | DisbursementsCharitablePrps |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (14 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| OTHER BENEFITS | 1620 | 0 | 1620 | 1620 |
| MANAGEMENT FEES | 10158 | 0 | 10158 | 10158 |
| CLEANING SERVICES | 21047 | 0 | 21047 | 21047 |
| HOME CARE SERVICES | 13997 | 0 | 13997 | 13997 |
| REPAIRS AND MAINTENANCE | 6674 | 0 | 6674 | 6674 |
| GROUNDS MAINTENANCE | 65343 | 0 | 65343 | 65343 |
| INSURANCE | 33952 | 0 | 33952 | 33952 |
| RUBBISH REMOVAL | 12208 | 0 | 12208 | 12208 |
| DATA PROCESSING PURCHASED | 2824 | 0 | 2824 | 2824 |
| SUPPLIES | 17216 | 0 | 17216 | 17216 |
| MISCELLANEOUS | 3575 | 0 | 3575 | 3575 |
| POSTAGE AND SHIPPING | 528 | 0 | 528 | 528 |
| PUBLIC RELATIONS | 646 | 0 | 646 | 646 |
| UTILITIES | 32956 | 0 | 32956 | 32956 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|
| SERVICE FEES - RESIDENTS | 462805 | 462805 |
| ENTRANCE FEES AMORTIZED | 502051 | 502051 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue |
|---|---|---|
| DEFERRED REVENUE - RESIDENT ESCROW DEPOSITS | 3147930 | 2702439 |
| DUE TO AFFILIATES | 1022 | 18534 |
Taxes Schedule TaxesSchedule
Taxes Taxes (4 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|---|
| SOCIAL SECURITY | $8,236 | 0 | 8236 | 8236 |
| WORKERS COMPENSATION | $2,654 | 0 | 2654 | 2654 |
| NYS DISABILITY | $507 | 0 | 507 | 507 |
| LIEU OF TAX PAYMENTS | $55,500 | 0 | 55500 | 55500 |
Comments