Form 990 for tax year 2022
Filed by ORISKANY FALLS HOUSING DEVELOPMENT FUND.
Totals
- Total revenue
- $432,701
- Total expenses
- $439,116
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $431,692
- Investment income
- $192
- Other revenue
- $817
- Total assets, end of year
- $823,293
- Total liabilities, end of year
- $1,800,128
- Net assets or fund balances, end of year
- -$976,835
- Program services expenses (Part IX)
- $355,006
- Management and general expenses
- $84,110
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $355,006
Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RENT INCOME- APTS
total $431,692 · related or exempt $431,692
-
3 · Investment income
total $192 · excluded $192
-
11a · Other revenue: TENANT CHARGES
total $632 · excluded $632
-
11b · Other revenue: LAUNDRY & VENDING REVE
total $185 · excluded $185
-
11e · Other revenue, total
$817
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $94,256 · program services $94,256
-
9 · Other employee benefits
total $5,222 · program services $5,222
-
11a · Fees: management
total $46,751 · management and general $46,751
-
11c · Fees: accounting
total $10,000 · management and general $10,000
-
11g · Fees: other
total $4,641 · program services $4,641
-
12 · Advertising and promotion
total $1,656 · management and general $1,656
-
13 · Office expenses
total $42,498 · program services $17,830 · management and general $24,668
-
16 · Occupancy
total $74,028 · program services $74,028
-
19 · Conferences, conventions and meetings
total $1,035 · management and general $1,035
-
20 · Interest
total $17,380 · program services $17,380
-
22 · Depreciation, depletion and amortization
total $58,084 · program services $58,084
-
23 · Insurance
total $14,772 · program services $14,772
-
24a · Other expenses: EQUIPMENT RENTAL & MAIN
total $40,828 · program services $40,828
-
24b · Other expenses: SNOW REMOVAL
total $15,005 · program services $15,005
-
24c · Other expenses: TRASH REMOVAL
total $12,960 · program services $12,960
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $261,643 · end of year $253,261
-
4 · Accounts receivable
beginning of year $5,524 · end of year $2,733
-
9 · Prepaid expenses and deferred charges
beginning of year $8,407 · end of year $9,167
-
10a · Land, buildings and equipment: cost or other basis
$3,284,824
-
10b · Land, buildings and equipment: accumulated depreciation
$2,760,448
-
10c · Land, buildings and equipment, net
beginning of year $582,460 · end of year $524,376
-
15 · Other assets
beginning of year $31,099 · end of year $33,756
-
17 · Accounts payable and accrued expenses
beginning of year $17,174 · end of year $9,527
-
23 · Secured mortgages and notes payable
beginning of year $1,811,280 · end of year $1,756,845
-
25 · Other liabilities
beginning of year $31,099 · end of year $33,756
-
27 · Net assets without donor restrictions
beginning of year -$970,420 · end of year -$976,835
Mission and programs · 2022
Mission
ORISKANY FALLS HOUSING DEVELOPMENT FUND CO INC OPERATES A 54 UNIT SENIOR CITIZEN APARTMENT PROJECT IN ORISKANY FALLS, NY. THE ORGANIZATION PRIMARILY PROVIDES HOUSING FOR LOW INCOME AND/OR HANDICAPPED TENANTS.
-
ORISKANY FALLS HOUSING DEVELOPMENT FUND CO INC OPERATES A 54 UNIT SENIOR CITIZEN APARTMENT PROJECT IN ORISKANY FALLS, NY. THE ORGANIZATION PRIMARILY PROVIDES HOUSING FOR LOW INCOME AND/OR HANDICAPPED TENANTS. RENTS ARE SUBSIDIZED BY NEW YORK DEPARTMENT OF HOUSING AND COMMUNITY RENEWAL AND BY THE UNITED STATES DEPARTMENT OF AGRICULTURE, RURAL DEVLEOPMENT.
Expenses $355,006 · Revenue $431,692
As filed on the 2022 return.
Listed in Part VII
-
David CarelloDAVID CARELLO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Donald DavidsonDONALD DAVIDSON
ASSISTANT VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Patricia CaprioPATRICIA CAPRIO
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
John F BuffaJOHN F BUFFA
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
David CollisDAVID COLLIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Walter MadejWALTER MADEJ
CHAPLAIN
- Total calculated
- $0
- Hours/week
- 0
-
Timothy BirnieTIMOTHY BIRNIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Frederick T GriffinFREDERICK T GRIFFIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Cindy LafountainCINDY LAFOUNTAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
John B LigasJOHN B LIGAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Matthew NimeyMATTHEW NIMEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Robert RyanROBERT RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mary E RhoadesMARY E RHOADES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Christina SanfilippoCHRISTINA SANFILIPPO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
John N VagianelisJOHN N VAGIANELIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202412009349300036
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