St Paul Housing Development Fund INC FY2020 filing

Tax-deductible

Tivoli, NY501(c)(3)EIN 14-1634607

Low income housing

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$31K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $34K a year · 11% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$31K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$983K
205% of total assets
Concern: liabilities are 205% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$301K
Spent
$260K
To programs
73%
Net assets
−$503K
By yearFY2020–FY2024
Revenue
$301K
FY2020
Revenue by fiscal year
FY2020$301K
FY2021$302K
FY2022$311K
FY2023$333K
FY2024$331K
Expenses
$260K
FY2020
Expenses by fiscal year
FY2020$260K
FY2021$269K
FY2022$282K
FY2023$303K
FY2024$293K
Net assets
−$503K
FY2020
Net assets by fiscal year
FY2020−$503K
FY2021−$470K
FY2022−$442K
FY2023−$412K
FY2024−$374K

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $189K Management & general 27% · $71K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $31K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Direc
$31,401Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2021FY2020
Barbara Jeck$42,192$35,816$31,401

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

St Paul Housing Development Fund INC is a nonprofit based in Tivoli, NY.

Provided by the organization

This section is blank until St Paul Housing Development Fund INC claims this page.

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1 program service account for $189K of program spending, described in the organization's own filed words · FY2020.
01

Providing 24 units of low income housing for elderly disabled tenants

$189Kprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$301K
Ln 12
Gifts and grantsLn 1h$211K
Fees for servicesLn 2g$89K
Other incomeLn 4–11$1K
Money outPt IX
$260K
Ln 25
Programscol B$189K
Managementcol C$71K
Owns and owesPt X
−$503K
net assets · Ln 32
Cash and savingsLn 1–2$160K
Total assetsLn 16$479K
LiabilitiesLn 26$983K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$211K
Government grantsLn 1e$211K
Fees for servicesLn 2g$89K
Investment incomeLn 3$108
Other incomeLn 4–11$1K
Gains on assetsLn 7$0
Total revenueLn 12$301K
Assets in detailPt X, end of year
CashLn 1$160K
SavingsLn 2$0
Cash and savings togetherLn 1–2$160K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$315K
Other assetsLn 15$0
Total assetsLn 16$479K
LiabilitiesLn 26$983K
Net assetsLn 32−$503K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$136K$160K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$325K$315K
Total assetsLn 16$466K$479K
LiabilitiesLn 26$1.0M$983K
Net assetsLn 32−$545K−$503K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$31K$31K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$23K$23K
Payroll taxesLn 10$3K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$87K$87K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$26K$26K
InsuranceLn 23$18K$18K
Other expenses (24a–d)Ln 24$47K$47K
All other expensesLn 24e$15K$11K$4K
Total functional expensesLn 25$260K$189K$71K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $331K$293K$38K−$374K 990 PDF
FY2023 $333K$303K$31K−$412K 990 PDF
FY2022 $311K$282K$28K−$442K 990 PDF
FY2021 $302K$269K$33K−$470K 990 PDF
FY2020 Viewing $301K$260K$41K−$503K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $301,475 across 10 lines filed
VIII-1e Government grants$210,769
VIII-1h Total contributions, gifts and grants$210,769
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $89,111$89,111
VIII-3 Investment incomeExcluded from tax $108$108
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,487$1,487
VIII-12 Total revenueRelated to mission $89,111 · Excluded from tax $1,595$301,475
Part IX · Statement of functional expenses $260,261 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $31,401$31,401
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $22,920$22,920
IX-10 Payroll taxesManagement $2,757$2,757
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $9,112$9,112
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,140$1,140
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $87,280$87,280
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $25,992$25,992
IX-23 InsurancePrograms $18,228$18,228
IX-24 Other expenses (24a–d)Programs $46,891$46,891
IX-24e All other expensesPrograms $10,678 · Management $3,862$14,540
IX-25 Total functional expensesPrograms $189,069 · Management $71,192 · Fundraising $0$260,261
Part X · Balance sheet $479,406 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $135,975$160,247
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$553
X-4 Accounts receivableStart of year $20$31
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $5,538$3,990
X-10c Land, buildings and equipment, netStart of year $324,590$314,585
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $466,123$479,406
X-17 Accounts payable and accrued expensesStart of year $7,254$4,743
X-25 Other liabilitiesStart of year $21,627$20,155
X-26 Total liabilitiesStart of year $1,010,774$982,843
X-27 Net assets without donor restrictionsStart of year −$544,651−$503,437
X-32 Total net assets or fund balancesStart of year −$544,651−$503,437
X-33 Total liabilities and net assetsStart of year $466,123$479,406
Part XI · Reconciliation of net assets −$503,437 net assets at year end
XI-1 Total revenue$301,475
XI-2 Total expenses$260,261
XI-3 Revenue less expenses$41,214
XI-4 Net assets at start of year−$544,651
XI-10 Net assets at end of year−$503,437

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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