Depaul Properties INC FY2020 filing

Tax-deductible

Rochester, NY501(c)(3)Since 1981HousingEIN 22-2389620Revenue $10.4M in FY2020

On file with the IRSdepaul.org1931 Buffalo Rd, 14624-1535 · Rochester, NYTax-exempt since Apr 1982Supporting organization — 509(a)(3)

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Purchases, leases, rehabilitates and manages real property used primarily by affiliated organizations in the residential care, custody and treatment of individuals with mental illness.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$587K 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
2 of 5
filings with a surplus
Average surplus $1.3M a year · 12% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$587K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $515
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$31.7M
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.4M
Spent
$7.8M
To programs
80%
Net assets
$29.6M
By yearFY2020–FY2024
Revenue
$10.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$10.4M
FY2021$8.0M
FY2022$15.9M
FY2023$8.8M
FY2024$8.7M
Expenses
$7.8M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$7.8M
FY2021$8.1M
FY2022$8.8M
FY2023$9.6M
FY2024$11.3M
Net assets
$29.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$29.6M
FY2021$27.9M
FY2022$34.6M
FY2023$32.4M
FY2024$29.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1982.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $6.2M Management & general 20% · $1.6M

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

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Who runs it and what they're paid

24 people listed on the 990; $587K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Legal Officer
$267,339Pt VII · Sec A
Vice President
$218,031Pt VII · Sec A
Administrator
$101,515Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jonathan Penna’s $433K as Chief Legal Officer is at the 99th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jonathan Penna$432,726$381,213$318,682$322,835$267,339
Gillian Conde$301,530$256,356$235,808$233,735$218,031
Tonya Hall$140,564$102,219———
Sheri Adam—$106,456———
Melissa O'Geen$104,526————
Tracy Vogl———$103,215$101,515
Tyler Standish$100,385————

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 15aYes

Programs and updates

Acquires, rehabilitates, and manages residential properties used by affiliated organizations to provide care and treatment for individuals with mental illness.

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Provided by the organization

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1 program · $6.2M · in their own filed words · FY2020
01

The program was formed to purchase, lease, rehabilitate, and manage real property used by affiliated organizations in the residential care, custody, and treatment of individuals with mental illness.

$6.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$515

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$10.4M
Ln 12
Fees for servicesLn 2g$9.5M
Investment incomeLn 3$933K
Money outPt IX
$7.8M
Ln 25
Programscol B$6.2M
Managementcol C$1.6M
Owns and owesPt X
$29.6M
net assets · Ln 32
Cash and savingsLn 1–2$909K
Total assetsLn 16$61.2M
LiabilitiesLn 26$31.7M
PeoplePt VI, VII
24
listed · VII A
PaidVII A3
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.5M
Investment incomeLn 3$933K
Total revenueLn 12$10.4M
Assets in detailPt X, end of year
SavingsLn 2$909K
Cash and savings togetherLn 1–2$909K
Land, buildings, equipmentLn 10c$26.3M
Other assetsLn 15$33.9M
Total assetsLn 16$61.2M
LiabilitiesLn 26$31.7M
Net assetsLn 32$29.6M
OperationsPt I, VI
EmployeesI 572
VolunteersI 627
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$794K$909K
Land, buildings, equipmentLn 10c$28.1M$26.3M
Total assetsLn 16$60.7M$61.2M
LiabilitiesLn 26$31.8M$31.7M
Net assetsLn 32$28.9M$29.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$485K$485K
Other salaries and wagesLn 7$2.5M$1.3M$1.2M
Other employee benefitsLn 9$221K$112K$109K
Payroll taxesLn 10$191K$112K$78K
Legal feesLn 11b$2K$1K$815
Accounting feesLn 11c$48K$48K
Lobbying feesLn 11d$14K$14K
Other fees for servicesLn 11g$306K$300K$6K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$107K$107K
OccupancyLn 16$442K$442K
TravelLn 17$85K$85K
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$964K$964K
Payments to affiliatesLn 21$98K$98K
Depreciation, depletion and amortizationLn 22$2.1M$2.1M
InsuranceLn 23$33K$33K
Other expenses (24a–d)Ln 24$145K$145K$0$0
All other expensesLn 24e$58K$58K
Total functional expensesLn 25$7.8M$6.2M$1.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.7M$11.3M−$2.6M$29.3M 990 PDF
FY2023 $8.8M$9.6M−$775K$32.4M 990 PDF
FY2022 $15.9M$8.8M$7.1M$34.6M 990 PDF
FY2021 $8.0M$8.1M−$50K$27.9M 990 PDF
FY2020 Viewing $10.4M$7.8M$2.6M$29.6M 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 (6 parts)
Part I · Summary $10,448,008 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $7,720,826$9,515,425
I-10 Investment incomePrior year $868,231$932,583
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $8,589,057$10,448,008
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,046,956$3,365,370
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,346,676$4,439,928
I-18 Total expensesPrior year $7,393,632$7,805,298
I-19 Revenue less expensesPrior year $1,195,425$2,642,710
Part VI · Governance 18 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,448,008 across 5 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,515,425 · Unrelated business $0 · Excluded from tax $0$9,515,425
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $932,583$932,583
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $9,515,425 · Unrelated business $0 · Excluded from tax $932,583$10,448,008
Part IX · Statement of functional expenses $7,805,298 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $485,370$485,370
IX-7 Other salaries and wagesPrograms $1,251,847 · Management $1,216,244$2,468,091
IX-9 Other employee benefitsPrograms $111,853 · Management $109,489$221,342
IX-10 Payroll taxesPrograms $112,473 · Management $78,094$190,567
IX-11b Legal feesPrograms $1,103 · Management $815$1,918
IX-11c Accounting feesManagement $47,500$47,500
IX-11d Lobbying feesPrograms $14,500$14,500
IX-11g Other fees for servicesPrograms $300,348 · Management $5,616$305,964
IX-12 Advertising and promotionPrograms $5,616$5,616
IX-13 Office expensesPrograms $107,361$107,361
IX-16 OccupancyPrograms $442,302$442,302
IX-17 TravelPrograms $85,211$85,211
IX-19 Conferences, conventions and meetingsPrograms $5,367$5,367
IX-20 InterestPrograms $964,206$964,206
IX-21 Payments to affiliatesManagement $97,925$97,925
IX-22 Depreciation, depletion and amortizationPrograms $2,126,513$2,126,513
IX-23 InsurancePrograms $32,995$32,995
IX-24 Other expenses (24a–d)Programs $144,551 · Management $0 · Fundraising $0$144,551
IX-24e All other expensesPrograms $57,999$57,999
IX-25 Total functional expensesPrograms $6,249,615 · Management $1,555,683 · Fundraising $0$7,805,298
Part X · Balance sheet $61,216,585 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $794,347$909,422
X-4 Accounts receivableStart of year $620,117$114,810
X-9 Prepaid expenses and deferred chargesStart of year $10,260$9,439
X-10c Land, buildings and equipment, netStart of year $28,057,200$26,327,929
X-15 Other assetsStart of year $31,246,111$33,854,985
X-16 Total assetsStart of year $60,728,035$61,216,585
X-17 Accounts payable and accrued expensesStart of year $888,301$2,590,904
X-19 Deferred revenue$157,143
X-20 Tax-exempt bond liabilitiesStart of year $6,995,230$6,784,643
X-25 Other liabilitiesStart of year $7,465,560$6,664,625
X-26 Total liabilitiesStart of year $31,825,306$31,663,263
X-27 Net assets without donor restrictionsStart of year $28,902,729$29,553,322
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $28,902,729$29,553,322
X-33 Total liabilities and net assetsStart of year $60,728,035$61,216,585
Part XI · Reconciliation of net assets $29,553,322 net assets at year end
XI-1 Total revenue$10,448,008
XI-2 Total expenses$7,805,298
XI-3 Revenue less expenses$2,642,710
XI-4 Net assets at start of year$28,902,729
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$1,992,117
XI-10 Net assets at end of year$29,553,322

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

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